l. Related party transactions
The Company had transactions with the following related parties:
(a) Major shareholders holding more than 20% of the share capital
(herein after referred to as Parties having significant influences":
1. Mr.K Vijay Kumar
2. IVlrs.K V Nags Lalitha
(b) Enterprises over which major investing parties have control
Nit
(c) Key Manageriat Personnel represented on board
Name Designation
1. K. Vijay Kumar Managing Director
2. R. Shw Kumar Executive Vice Chapman
3. P. Ramamoorthy CFO
4. P. Rajendna Babu Company Secretary
(d) Relatives of Key Managerial Personnel
V N. Krishna Mohan
2. K. V. Magalalitha
3. P. Dharralakshmi
(e) Companies controlled by directors f relatives of directors
1. Errvean Leasing &. Investment Limited
2. Contingent LiafalEities and commitments :
(to the extend not provided for
I) Contingent Liebilliies 31.03.2015 31-03.2014
a Claimt against Hie Company not 9.59 Lakhs 9.59 lakhs
acknowlwdged as debt
b| Guarantees NIL NIL
C Others NIL NIL
ii) commitments
(a) Estabilshment amount of
confects rgmerning NIL NIL
to be executed On capital
account and not
provided for
(b Uncalled liblity on
Shares and other
Investment! parity pad NIL NIL
(6 Others NIL NIL
7 Balances due to or due from oadi-es are subject to confirmation
8. previous year figures have been regrouped reclassed whether necessary
confirm to the current year classification
9. Figures have been rounded off to near rupee.
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