Online-Trading Portfolio-Tracker Research Back-Office MF-Tracker
BSE Prices delayed by 5 minutes... << Prices as on May 13, 2024 - 4:00PM >>   ABB 7983.8 [ 11.16 ]ACC 2366.3 [ 0.25 ]AMBUJA CEM 586.35 [ 0.79 ]ASIAN PAINTS 2878.9 [ 3.83 ]AXIS BANK 1133 [ 1.17 ]BAJAJ AUTO 8960.8 [ -0.25 ]BANKOFBARODA 259 [ 1.31 ]BHARTI AIRTE 1288 [ -1.12 ]BHEL 283.35 [ 3.26 ]BPCL 606.8 [ -1.91 ]BRITANIAINDS 5144 [ 1.49 ]CIPLA 1414.8 [ 5.63 ]COAL INDIA 444 [ -1.20 ]COLGATEPALMO 2860 [ 2.21 ]DABUR INDIA 549.65 [ -0.25 ]DLF 838.25 [ 1.51 ]DRREDDYSLAB 5913.95 [ -0.05 ]GAIL 192.95 [ 0.23 ]GRASIM INDS 2383.9 [ 0.35 ]HCLTECHNOLOG 1312.55 [ -0.28 ]HDFC 2729.95 [ -0.62 ]HDFC BANK 1455.8 [ 1.27 ]HEROMOTOCORP 4885 [ 0.16 ]HIND.UNILEV 2358.3 [ 0.05 ]HINDALCO 633.4 [ 1.24 ]ICICI BANK 1127.55 [ 0.97 ]IDFC 114.2 [ 1.33 ]INDIANHOTELS 557.15 [ 2.53 ]INDUSINDBANK 1407.5 [ -0.15 ]INFOSYS 1423.25 [ -0.13 ]ITC LTD 431.85 [ -0.31 ]JINDALSTLPOW 939.3 [ 0.96 ]KOTAK BANK 1641.15 [ 0.65 ]L&T 3295 [ 0.72 ]LUPIN 1687.75 [ 4.84 ]MAH&MAH 2188.25 [ -0.20 ]MARUTI SUZUK 12670 [ -0.05 ]MTNL 33.62 [ -2.35 ]NESTLE 2515.6 [ -0.68 ]NIIT 97.05 [ -1.62 ]NMDC 256.35 [ 0.41 ]NTPC 350.9 [ -1.35 ]ONGC 266.85 [ -1.22 ]PNB 123 [ -0.69 ]POWER GRID 306.45 [ 0.84 ]RIL 2805.3 [ -0.35 ]SBI 808.85 [ -1.16 ]SESA GOA 413.95 [ 0.78 ]SHIPPINGCORP 202.7 [ -1.51 ]SUNPHRMINDS 1530 [ 1.58 ]TATA CHEM 1062 [ 0.20 ]TATA GLOBAL 1101.5 [ 1.01 ]TATA MOTORS 959.55 [ -8.34 ]TATA STEEL 163.85 [ 0.92 ]TATAPOWERCOM 411.3 [ -0.83 ]TCS 3944 [ 1.24 ]TECH MAHINDR 1261.4 [ -0.29 ]ULTRATECHCEM 9557.3 [ 0.66 ]UNITED SPIRI 1191.8 [ -0.86 ]WIPRO 451.95 [ 0.06 ]ZEETELEFILMS 129.85 [ -1.14 ] BSE NSE
You can view the entire text of Notes to accounts of the company for the latest year

BSE: 523031ISIN: INDUSTRY: Hospitals & Medical Services

BSE   ` 11.34   Open: 11.34   Today's Range 11.34
11.34
+0.54 (+ 4.76 %) Prev Close: 10.80 52 Week Range 11.34
11.34
Year End :2014-03 
1. Terms/rights/restrictions attached to equity shares:

The company has only one class of Equity Shares at par value of Rs 10 per share.

Each holder of equity shares is entitled to one vote per share and entitled for pro-rata dividend.

                                        Year ended     Year ended
                                        31.3.2014      31.3.2013
                                           Rs.           Rs
2. Contingent Liabilities & 
Commitments (to the extent not
provided for):
A. Claims against the Company / Disputed Liabilities not Acknowledged as Debts

  (a) Custom Authorities demand in
  respect of which the Company is in
  appeal                                4,000,000        4,000,000
  (Amount deposited under protest -
  Rs. 500000)

  (b) Directorate of Revenue show       5,601,507        5,601,507
  cause notice contested by the
  Company
                                         

  (c) Income Tax demand in respect
  of which the Income Tax Department
  is in appeal                          1,873,290        1,873,290

  (d) Income Tax demand for AY 
  2012-13                                 557,380             -

  (e) TDS Demands for various
  financial years                          69,700             -
B. Guarantees

   Performance Guarantee given by 
   the Bank on behalf of the Company
   to Third Parties                    31,768,104       14,504,410

   Margin Money against the above       8,791,004        4,875,000
3. Estimated amount of contracts, remaining to be executed on capital account (net of advances) - Nil (Previous Year - Nil)

4. In the opinion of Board of Directors the assets, other than fixed assets and non-current investments, have a value on realization in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet.

5. Segment Information for the year ended 31st March, 2014.

a. The Company is organized into two main business segments, namely:

1. Diagnostic Services - includes Scanning, Ultrasound and X-ray.

2. Trading and Other Activities- Includes Sale of Trading Goods, Servicing and Installation of Medical Equipments.

The segments have been identified and reported taking into account, the nature of products and services, the differing risks and returns, the organisation structure and internal financial reporting systems.

b. Segment Revenue, Results, Assets and Liabilities include the respective amounts identifiable to each of the segments and are determined as part of the process of preparation of the financial statements. The Segment Revenues and Results do not include Interest Income, Interest Expenses and Provision for income Tax and Deferred Tax, and these have been grouped under the head "Unallocable".

c. Segment Assets exclude Miscellaneous Expenditure & Income Tax Assets. Segment Liabilities exclude Income Tax Liabilities.

6. Related Party Disclosures, as required in terms of Accounting Standard [AS] -18' are given below. Relationships (Related party relationships are as identified by the Company and relied upon by the Auditors)

A. Key Management Personnel:

i) Dr. Gautam Sehgal, Managing Director

ii) Dr. (Mrs.) Versha Sehgal, Director

iii) Dr. Vivek Sehgal, Director

iv) Mrs. Radhika Sehgal, Director

(Dr. Gautam Sehgal, Managing Director, is related to Dr. (Mrs.) Versha Sehgal, Director, Dr. Vivek Sehgal, Director and Mrs. Radhika Sehgal, Director)

B. Enterprises Over which Key Managerial Personnel are able to Exercise Signficant Influence:

i) Ved Med Software & Trading Private Limited

ii) Cardiovas Medical Private Limited

iii) Dr. A. D. Sehgal & Sons (HUF)

iv) A Small Gift Shop 7. As per Revised Accounting Standard 15 "Employee Benefits" the disclosure as defined in the Accounting Standard are enumerated below. The Company has classified the various benefits provided to the employees as under:

I. Defined Contribution Plan-Provident Fund:

During the year, the Company has recognized the Employer's Contribution to the Employees Provident Fund Organization amounting to Rs. 5,03,961 (Previous Year Rs. 3,43,120).

II. State Plans-Employer Contribution to Employees' Pension Scheme 1995:

During the year, the Company has recognized the Employer's Contribution to the Employees Pension Fund amounting to Rs. 50313 (Previous Year Rs. 46,526).

III. Defined Benefit Plans-Gratuity:

Gratuity Report under the revised Accounting Standard 15 for the year ended 31.3.2014 in respect of Trustees -ADS Diagnostic Ltd Employees Group Gratuity Scheme was done in respect of the aforesaid defined benefits using the following assumptions:

8. Previous year figures have been reworked/regrouped/rearranged wherever necessary to conform to those of current year.