Adarsh Plant Protect Limited is a Public Company domiciled in India and incorporated under the Companies Act, 1956. Its shares are listed in Bombay Stock Exchange in India. The Company is engaged in manufacturing and selling of agricultural sprayer pumps & spare parts, seed dressing drums & trading of merchandise, barrels, drip irrigation equipments & parts. The products of the Company are generally sold in domestic markets.

NOTE Share Capital

a. Rights, preferences and restrictions:

i. The Company has only one class of shares referred to as equity shares having par value of ' 10. Each holder of equity shares is entitled to one vote per share.

ii. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

NOTE 3 EARNING PER SHARE

The company has incurred loss during the current year and previous year, hence no Earning Per Share is calculated.

NOTE 4 DETAILS OF DUE TO MICRO AND SMALL ENTERPRISES AS DEFINED UNDER MSMED ACT, 2006

Sundry Creditors includes Rs. 17,55,364/- (previous year - NIL), being the total outstanding dues from Small Scale Industrial Undertakings. However, there are no dues outstanding for more than 45 days.

NOTE 5 CONTINGENT LIABILITY & COMMITMENTS

Contingent Liabilities

               Particulars               31032015          31.03.2014
                                         Amount (Rs.)      Amount (Rs.)

Bank Guarantee issued by Bank of
Baroda V V Nagar Branch as                100,000            100,000
Performance Guarantee to Rajasthan
State Agro Industries Development
Corporation, Jaipur.
                                          100,000            100,000

(i) Related to Contracts - Nil

(ii) Other Commitments - Nil

NOTE 6 RELATED PARTY DISCLOSURES

As per Accounting Standard 18, disclosures of transactions with the related parties as defined in Accounting Standard are given below:

(A) Relationships:

(a) Key Management Personnel

Shri Naishadhbhai N. Patel              Director

Shri Atish N. Patel                     Managing Director

Shri Shantidutt J. parmar               chief Financial Officer

Ms. Devangi Zinzuvaliya                 Company Secretary

          Name                          Relationship

Mini Sarvodyog Sira                     Partners are Directors

Anjars Harihar Engg. Pvt Ltd Common Directors

Nas Packaging Pvt. Ltd.                 Common Directors

Nippon Appliance Pvt. Ltd.              Common Directors

NOTE 7 Provision for Taxation is not required to be made in view of carried forward losses.

NOTE 8

The Company has not recognized the Deferred Tax Assets as carried forward losses are significant and NOTE 35 shall recognize the Deferred Tax Assets in succeeding years when there is certainty to have sufficient taxable income.

NOTE 9

In the opinion of the Company, all the Fixed Assets reflected in the books are carried at the book value, NOTE 36 which is higher compared to Realisable amount. Thus, there is no question of providing for Impairment of Fixed Assets.

NOTE 10

The accumulated losses have exceeded the Net Owned Fund of the Shareholders. However, the accounts NOTE 37 for the period ended 31st March, 2015 have been prepared on the basis that the Company is a going concern.

NOTE 11 The outstanding balances of Debtors, Creditors, Deposits and Loans & Advances are subject to confirmation.

NOTE 12 Previous year's figures have been regrouped wherever necessary make them comparable with those of the current year.