Terms & Rights attached to equity shares :
(i) 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 one vote per share.
(ii) In the event of liquidation of the company, the holders of Equity Shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be proportionate to the number of Equity shares held by shareholders.
(iii) None of the shareholders are holding more than 5% of Equity Shares in the company.
1 Disclosure under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006
There has been no dues to Micro and Small Enterprises which have been determined to the extent such parties have been identified on the basis of information collected by the Management. This has been relied upon by the auditors.
2 Disclosure as per Clause 32 of the Listing Agreements with the Stock Exchanges
The company has no Loans and advances in the nature of loans given to subsidiaries, associates and others and investment in shares of the Company by such parties.
The Company has recognized deferred tax asset on unabsorbed depreciation and brought forward business losses based on the Management's estimates of future profits considering the customer orders received by the Company.
Note 3 Previous year's figures
3 Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the current year's classification / disclosure.
|