Contingent Liabilities not provided for

Disputed amount of Rs.22.47 lakhs towards A.P Tax on entry of goods for the assessment year 2002-03 is pending which we have already paid an amount of Rs. 3.21 lakhs the case did not come for any hearing further.

Disputed amount of Rs.48.85 lakhs towards Entry Tax for the periods 2011-12 to 2016-17 is pending with The Telangana VAT Appellate Tribunal against which we have already paid an amount of Rs.24.42 lakhs the case did not come for any hearing further.

Details under Micro Small and Medium Enterprises Development Act SUNDRY CREDITORS

Disclosure under the Micro and Small Enterprises Development Act, 2006. Amount Due to Micro and Small Enterprises are disclosed on the basis of information company regarding available with the status of the supplier is as follows:

34. The obligation under EPCG concessional duty scheme on account of import of Capital Equipment amounting to Nil.

35. The company had not accepted any deposits from public nor solicited any as per companies act deposit rules 2013. The company had taken security deposits from our dealers of our products and paying interest at @9%. The deposits are repayable at the closure of the dealership only.

36. Figures for the previous year has been regrouped/reclassified wherever necessary to be conformity with the current year format of IND AS SCHEDULE - III to the Companies Act.