The Company has only one class of equity shares having a par value of
Re.1 per share. Each Shareholder is eligible for one vote per share.
The dividend proposed by the Board of Directors is subject to the
approval of shareholders.
- Dividend proposed to be distributed to equity shareholders is
Re.0.20/- (Previous year Re.0.20) per equity share.
a) Key Managerial Personnel: Ramprasad Poddar
Dinesh Poddar Shilpa Poddar Rajesh Poddar
b) Relatives of Key Managerial Personnel: Deepak Harlalka
c) Companies/ Firms over which the Key Managerial Personnel/ Ashirwad
Capital Limited Relatives have significant influence or control:
Ashirwad Shelters Private Limited
Fatehpur Welfare Trust
Ma Passion (India) Private Limited
Swasti Vinayaka Investech Private Limited
Swasti Vinayaka Realestate Development Private Limited
Swasti Vinayaka Synthetics Limited
1. There was no employee who was employed throughout the year and was
in the receipt of remuneration of more than Rupees 24 Lacs per annum or
not more than Rupees 2 Lacs per month.
2. During the year free accident took place causing loss of inventory
of Rs.71,62,467/- against which provision has been made for Insurance
Claim receivable of Rs. 61,00,890/- from Insurance Company disclosed in
the note No.19 under the head of "Other Income".
3. Previous year figures have been reclassified to conform to this
year's classification.
4. Significant accounting policies and practices adopted by the
Company are disclosed in the statement annexed to these financial
statements as Annexure I.
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