TRIDENT TEXOFAB LIMITED
Notes Annexed to and forming part to Balance Sheet and Profit & Loss Account
Note: 2 Share Capital
| |
31-03-2018 Rs.
|
31-03-2017 Rs.
|
|
a) Authorised:
4000000 Equity Shares of Rs. 10/- each
|
40,000,0000
|
10,000,000
|
| |
40,000,0000
|
10,000,000
|
|
b) Issued, Subscribed & Paid-up Capital:
|
3,317,500
|
3,317,500
|
|
331750 Equity Shares of Rs. 10/- each
|
23,222,500
|
-
|
|
2322250 Equity Shares of Rs. 10/- each
|
1,658,750
|
_
|
|
165875 Equity Shares of Rs. 10/- each
|
11,760,000
|
-
|
|
1176000 Equity Shares of Rs. 10/- each
|
39,958,750
|
3,317,500
|
c) Details of shares held by each shareholder holding more than 5% shares:
|
Name of shareholders
|
As at 31st March 2018
|
As at 31st March 2017
|
| |
No. of share
|
% held
|
No. of share
|
% held
|
|
Hardik J. Desai
|
22,85,211
|
57.18%
|
264,917
|
79.85%
|
|
Chetan C Jariwala
|
507,980
|
12.71%
|
35,387
|
10.67
|
|
Bhavesh Jariwala
|
|
|
19,780
|
5.96%
|
d) Reconciliation of number of shares
|
Particular
|
As at 31st March 2018
|
As at 31st March 2017
|
|
No. of share
|
Amount in Rs.
|
No. of share
|
Amount in Rs.
|
|
Shares at the beginning
|
331,750
|
3,317,500
|
331,750
|
3,317,500
|
|
Shares issued during the year
|
3,664,125
|
36,641,250
|
-
|
-
|
|
Shares at the end of the year
|
3,995,875
|
39,958,750
|
331,750
|
3,317,500
|
Note: 3 Reserves & Surplus
| |
31-03-2018 Rs.
|
31-03-2017 Rs.
|
|
a) Securities Premium
|
|
|
|
Opening balance
|
19,467,500
|
19.467.500
|
|
Add : Premium on shares issued during the year
|
27,666,875
|
-
|
|
Less : Issue of Bonus Shares
|
19,467,500
|
-
|
|
Closing balance
|
27.666.875
|
19.467.500
|
|
b) Surplus / (Deficit) in Statement of Profit and Loss
|
|
|
|
Opening balance
|
|
|
|
Less: Issue of Bonus Shares
|
15,132,748
|
11,841,418
|
| |
3,755,000
|
-
|
| |
11,377,748
|
11,841,418
|
|
Add: Profit / (Loss) for the year
|
|
|
|
Appropriation and Allocation
|
|
|
|
Less: Proposed Final Dividend
|
7,500,090
|
3,291,329
|
|
Less: Equity Dividend Distribution Tax
|
-
|
-
|
|
Closing balance
|
3,213,203
|
-
|
| |
654,133
|
|
| |
15,010,502
|
15,132,748
|
| |
42,677,377
|
34,600248
|
Note: 4 Long-term borrowings
| |
31-03-2018 Rs.
|
31-03-2017 Rs.
|
|
a) Term loans
From banks Unsecured
|
3,028,713
|
-
|
| |
3,028,713
|
-
|
|
From NBFCS
|
|
|
|
Secured
|
31,013,922
|
32.425.515
|
|
Unsecured
|
7,458,409
|
4.445.876
|
| |
38.472.331
|
36.871.391
|
|
b) Loans and advances from related parties
|
172,893
|
14,969,285
|
| |
172,893
|
14,969,285
|
| |
41,673,937
|
51,840,676
|
Deferred tax liabilities
| |
31-03-2018 Rs.
|
31-03-2017 Rs.
|
|
a) Deferred Tax Liability
|
|
|
|
Arising out of timing difference in depreciable assets
|
236,923
|
182,228
|
|
Net deferred tax liability
|
|
|
| |
236,923
|
182,228
|
Note: 6 Trade Payables
| |
31-03-2018 Rs.
|
31-03-2017 Rs.
|
|
a) Sundry Creditors for Goods
|
300,714,250
|
146,920,927
|
|
b) Sundry Creditors for Expenses
|
2,354,044
|
1,463,457
|
| |
303,068,294
|
148,384,384
|
Note: 7
Other current liabilities
| |
31-03-2018 Rs.
|
31-03-2017 Rs.
|
|
a) Statutory Liabilities (GST, TDS, PT, etc.)
|
901,921
|
134,996
|
|
b) Current maturities of long-term debt
|
8,663,825
|
1,717,225
|
|
c) Other Payables:
|
|
|
|
Expenses Payable
|
718,290
|
371,118
|
|
Capital Creditors
|
1,500,000
|
-
|
|
d) Advance Received from Customers
|
1,032,927
|
2,031,657
|
| |
12,816,963
|
4,254,996
|
Note: 8
Short Term Provisions
| |
31-03-2018 Rs.
|
31-03-2017 Rs.
|
|
a) Dividend on Equity Shares
|
|
|
|
Proposed Dividend
|
3,213,203
|
-
|
|
b) Dividend Distribution Tax
|
|
|
|
Tax on Proposed Dividend
|
654,133
|
-
|
|
c) Income tax provision
|
5,067,200
|
2,254,500
|
| |
8,934,536
|
2,254,500
|
|