| (1) The Company has only one class of shares referred to as Equity
Shares having a par value of Rs. 10/-. Each holder of Equity Shares is
entitled to one vote per share. 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. However, no such preferential amounts exist
currently. The distribution will be in proportion to the number of
Equity Shares held by the shareholders.
2. In the opinion of the Board, all assets other than fixed assets and
non-current investments, have a value on realization in the ordinary
course of business at least equal to the amount at which they are
stated in the Balance Sheet.
3. Based on the information available with the Company, there are no
dues payable to parties covered under the "Micro, Small and Medium
Enterprises Development Act, 2006". There is also no interest paid or
payable to such enterprises.
|