| a. The number of shares and amount outstanding at the beginning and at
the end of the reporting year is same.
b. The Company has only one class of equity shares having a par value
of Rs. 10/- per share. Each holder of equity share is entitled to same
right in all the assets. .
Note -1 : Contingent Liabilities
i. Demand raised by the Sales Tax Department under the provisions of
BST Act,1959 of Rs.3271190/- (P.Y. Rs.3271190/-) & under the provisions
of CST Act, 1956 of Rs.418062/- (P.Y.Rs.418062/-) both for Fin.Yr
1997-98 and on appeal before Tribunal, the same has been restored
before the Dy. Commissioner of Sales Tax (Appeals) II, Mumbai.
ii. Demand raised by the Income Tax Department under the provisions of
Income Tax Act, 1961 for A.Y 2005-06 of Rs.84988/- (P.Y. Rs.84988/-)
against which rectification application is made by the Company before
ITO Ward 3(2)1.
iii. Penalt of Rs.500000/- levied by SEBI vide its order dated 30.4.14
for non compliance of SEBI Takeover Regulations,1997 against which the
Company had preferred an appeal before the Securities Appellate
Tribunal (SAT).
** Based on information so far available with the Company, there are no
dues payable to MSME as defined in the Micro, Small and Medium
Enterprises Development Act, 2006.
2 Segment Reporting
The Company is engaged solely in e-commerce activity relating to
printing business and all activities of the Company revolve around this
activity. As such there are no reportable segment as defined b
Accounting Standard 17 on Segment Reporting issued by the Institute of
Chartered Accountants o India.
3 Previous year figures
Previous Year's figures have been regrouped/reclassified, wherever
necessary, to correspond with the current year's
classification/disclosures.
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