| 1. Securities:
Principal :
* 1st Equitable Mortgage charge on Land & Building situated at Plot No.
161 & 162, GIDC, Ind. Estate, Nandesari.
* 1st equitable Mortgage charge on Land & Building at Plot No. 163 &
164, GIDC, Ind. Estate, Nandesari.
* Hypothication charge on Stocks and Book Debts.
Collateral:
* EQM of office premises situated at office no. 6-B-2, 6th floor,
Ramkrishna chambers, Productivity Road, alkapuri, Vadodara.
1) The Notes referred to in the Balance Sheet and Statement of Profit
and Loss form an integral part of the accounts.
2) In the opinion of the Board and to the best of their knowledge and
belief, the value on realization of loans and advances and current
assets, in the ordinary course of business, will not be less than the
amount at which they are stated in the balance sheet.
3) Previous year figures have been regrouped, rearranged and recast to
correspond with the figures of the current year
The above Information has been complied in respect of Parties to the
extent to which they could be identified as Small Scale & Ancillary
Undertakings on the basis of Information available with the Company.
4) Net Profit of Rs. 0/- (Previous year Net Profit of Rs. 6,74,212/-)
on account of exchange difference has been considered under foreign
exchange earning under the head of indirect Income in the profit and
loss account.
5) In accordance with the requirements of AS-18 on related party
disclosures, the names of the related parties where control exists and
/ or with whom transactions have taken place during the year and
description of relationships, as identified and certified by the
management are as under:
i. Key Managerial Personnel
Executive Directors. B.V.Retarekar
S.G.Thakur
ii. Relatives of Key Managerial Mayaben S Thakur
Personnel Nehaben B Retarekar
Mayank B Retarekar
Rishikesh S Thakur
iii. Firms in which the Key Managerial Chloro Chem of India - Vadodara
Personnel & their relatives : Pharma Inter Chemie - Vadodara
are interested
iv. Fellow/ Subsidiary / Associates: None
Figures in bracket represent Previous Year's figures.
6) Additional information pursuant to the provisions of paragraph 3
and 4 part II of schedule VI of the Companies Act, 2013.
7) AS - 15 Accounting For Retirement Benefits in Financial Statements
of Employees:
* Employee benefits are not classified into short-term benefits, Post
employment benefits and termination benefits.
* There are no VRS expenses incurred during the year.
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