| 1 Share Capital
a. There are No ( Previous year - No) rights, preference and
restriction attaching to each class of shares including restriction on
the distribution of dividend and the repayment of capital.
b. There are nil number of shares ( Previous year Nil) in respect of
each class in the company held by its holding company or its ultimate
holding company including shares held by or by subsidiary or
associates of the holding company or the ultimate holding company in
aggregate.
c. There are NIL number of shares ( Previous year Nil) reserved for
issue under option and contracts/commitment for the sale of
shares/disinvestment including the terms and amounts.
d. For the period of five years immediately preceding the date as at
which the balance sheet is prepared -
Aggregate number and class of shares allotted as
fully paid-up pursuant to contract(s) Nil
without payment being received in cash
Aggregate number and class of shares allotted
as fully paid-up Nil
Aggregate number and class of shares bought back Nil
e. There are NO securities ( Previous year No) convertible into
Equity/ Preferential Shares.
f. There are NO calls unpaid ( Previous year No )including calls
unpaid by Directors and Officers as on balance sheet date or any
forfeited shares.
Deferred tax recognised, subject to the consideration of prudence,
on timing differences, being the difference between taxable income and
accounting income that originate in one period and are capable of
reversal in one or more subsequent periods.
2 The Company has no suppliers which constitutes small scale
Industrial undertaking.
3 The Company principally engaged in the business of Textiles.
Accordingly there are no reportable segments as per Accounting
Standard No.17 issued by the Institute of Chartered Accountants of
India on 'Segment Reporting'.
4 The equity shares of the company are listed on the following Stock
Exchanges and company has duly paid the requisite amount of annual
listing fees for the year 2014-15 to both the Stock Exchanges.
a) Ahmedabad Stock Exchange Limited
Kamdhenu Complex, Opp. Sahajanand
College, Panjarapole, Ahmedabad - 380 015.
b) Bombay Stock Exchange Limited
Phiroz Jeejeebhoy Tower, Dalal
Street, Mumbai-01.
5 Related party disclosures as required by Accounting Standard No.18
issued by the Institute of Chartered Accountants of India are as
follows :
(a) Relationships :
i) Joint Ventures / Partnerships :
Rayban Investments
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