Terms/rights attached to shares:
The Equity shares have a face value of Rs 10 per share. Each holder of share is entitled to one vote per share. In the event of liquidation of company all shareholders will be entitled to receive remaining assets of the company after distribution of all preferential amounts in proportion to the shares held by them.
Dues to the Micro and Small Enterprises have been determined to the extent such parties have been identified on the basis of information by the management. This has been relied upon by the auditors.
a. As per AS 17- Segment Reporting, Segment information has to be provided when the company has more than one reportable business segment. The company has two segments:
b) Fabrication
ii) Shipyard
As during the year no activity or business has been carried out in Ship yard, no separate segment reporting has been done except identification of segment wise assets.
c. Figures of previous year have been regrouped and rearranged wherever necessary.
d. Details of value of Imports, Earnings in foreign Currency and expenditure in foreign currency: NIL
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