1. In the opinion of the management, the current assets, loans and advances are approximately of the value stated if realized, in the ordinary course of business. The provision of all known liabilities is adequate and not in excess of the amount reasonably necessary.
2. Previous year's figures are regrouped and rearranged whenever necessary to make them comparable to those for the current year and also for the better presentation of financial statements.
3. Balance with sundry debtors, sundry creditors, loans and advances are subject to confirmation & reconciliation.
4. The Company has constituted CSR committee as required under section 135 of the Act, together with relevant rules as prescribed in Companies
(Corporate Social Responsibility Policy) Rules, 2014 (‘CSR Rules'). Based on these rules the provisions of Corporate Social Responsibilities are not applicable to Company for FY 2022-23.
5. Provisions of Accounting Standard (AS) - 17 on ‘Segment Reporting' are not been applicable to the Company.
6. Balance shown under head Sundry Debtors, Creditors, Loans and Advances are subject to confirmation.
7. In the opinion of Board of Directors and to the best of their knowledge and belief, the realizable value of Current Assets, Loans and Advances would not be less than the amount at which they are stated in the Balance Sheet.
8. Previous Year's Figures have been re- arranged or re- grouped wherever considered necessary.
9. Figures have been rounded off to the nearest rupees.
10. Figures in brackets indicate negative (-) figures (if any)
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