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You can view the entire text of Notes to accounts of the company for the latest year

ISIN: INE0NUL01018INDUSTRY: Electrodes - Graphite

NSE   ` 53.70   Open: 55.75   Today's Range 52.25
55.75
-2.30 ( -4.28 %) Prev Close: 56.00 52 Week Range 44.50
90.10
Year End :2024-03 

b. The company has only one class of equity shares, par value being T 10 per share. Each holder of equity shares is entitled to one vote per share.

c. 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 in proportion to the number of equity shares held by the shareholders.

d. The company has no holding/ultimate holding company .

e. The Company has not issued any number of shares for consideration other than cash and has not bought back any number of shares during the period of five years immediately preceding the reporting date.

Additional Regulatory Information

33 The company has taken land from one of the director of the company and are paying yearly rent on which building has been constructed by the company.

34 The Company has no Investment Property for the period ended 31st March 2024 so there cannot be any revaluation of the same.

35 Company has not revalued its Property, Plant and Equipment for the period ended 31st March 2024.

36 Company does not have any intangible asset so there cannot be any revaluation of the same.

b) The Company has no Loans without specifying any terms or period of repayment.

38 In the opinion of Board of Directors, provision for all known liabilities have been made in the accounts and there does not exist any other liabilities, contingent or otherwise except whatever have been accounted for or stated in the Balance Sheet except for TDS Demand as per TRACES of Rs. 29,157.05/-.

39 The company has followed accounting as per division I of schedule III of Companies act 2013, but has only disclosed those areas that are applicable to the comapany.

40 The company has no Intangible asset under development for the period ended 31st March, 2024.

41 The company is not holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder. No proceedings have been initiated or pending against the company under BT(P) Act, 1988 & Rules made thereunder.

42 The Company has borrowings from banks or financial institutions on the basis of security of current assets.

The quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts.

43 The company has not been declared as a wilful defaulter by any bank or financial Institution or other lender for the period ended 31st March, 2024.

44 Previous GAAP figures have been reclassified/regrouped to confirm the presentation requirements and the requirements laid down in Division-I of the Schedule-III of

the Companies Act,2013.

45 As per the information available with the management, the company has not entered into any transactions with the companies who have been struck off under section 248 of Companies Act, 2013 or section 560 of Companies Act, 1956.

46 Registration of charges or satisfaction with Registrar of Companies

No charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

47 Utilisation of Borrowed funds and share premium a

The company has not advanced or loaned or invested any funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

b The company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the company shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

49 No Undisclosed Income has been recorded in the Books of Acounts for the period ended 31st March, 2024.

50 Compliance with approved Scheme(s) of Arrangements

During the year no Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

52 The Company has neither Traded nor Invested in Crypto or Foreign Currency for the period ended 31st march 2024.

53 The company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017

54 The Company is having single reporting segment hence disclosure as require by the Accounting Standard 17 is not applicable.

55 In the opinion of the Board of Directors, the value of realisation of current assets, advances and deposits in the ordinary course of Business would not be less than the

_amount at which they are stated in the financial statement._