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Kobo Biotech Ltd. Notes to Accounts
You can view the entire text of Notes to accounts of the company for the latest year

BSE: 531541ISIN: INE881A01015INDUSTRY: Chemicals - Inorganic - Others

BSE   ` 8.56   Open: 8.56   Today's Range 8.56
8.60
-0.17 ( -1.99 %) Prev Close: 8.73 52 Week Range 1.99
9.99
Year End :2015-03 
1. The disclosure as per Accounting Standard (AS) 22 "Taxes on Income" as notified by Companies (Accounting Standard) Rules,2006 are as under.

2. The company has entered into the settlement agreement on April' 2015 with the workers employed in Sadashivpet Plant and the company has agreed to pay Rs. 282 lacs in full & final settlement of workers and the company will pay the amount in due course.

3. Exceptional Items and Changes in Accounting Policies Rs 253.76 Lakhs is towards reversal of certain employee related accruals made in earlier period.

4. Other Notes

(a) Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the current year's classification / disclosure.

(b) In the opinion of the Board of Directors, other current assets have a value on realization in the ordinary course of the Company's business, which is at least to the amount at which they are stated in the balance sheet.
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SAAKETA INVESTMENT SERVICES LIMITED : INZ000179131, CDSL: IN-DP-CDSL-299-2005 | CIN No: L74140TG1992PLC014483
SAAKETA COMMODITIES PVT LTD MCX : INZ000081835 | CIN Number : U67120TG2005PTC046929

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