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

BSE: 532067ISIN: INE994E01018INDUSTRY: Agro Chemicals/Pesticides

BSE   ` 1619.75   Open: 1583.05   Today's Range 1583.05
1629.80
+25.50 (+ 1.57 %) Prev Close: 1594.25 52 Week Range 990.00
2350.00
Year End :2018-03 

A. NOTES TO ACCOUNTS :

1. Previous year figures have been recast and regrouped wherever necessary.

2. In the opinion of the Board, the Current Assets, loans and Advances are approximately of the value stated if realised in the ordinary course of business. The provisions of all known liabilities is adequate and not in excess of the amount reasonably necessary.

3. The provision for Income Tax has been made as per the provisions of the Income Tax Act, 1961.

4. Amount held in margin accounts with Slate Bank of India, T.T. Nagar Branch, Bhopal is Rs. 8,41,070 (Previous year Rs. 15,49,299)

5. Amount payable to SSI Units exceeding Rs. On e Lakh beyond a period of 30 days could not be mentioned as necessary information from all the parties are yet to be received.

6. The AS-17 issued by The Institute of Chartered Accountants of India, regarding Segment Reporting is applicable as the Company is formulating only agro-chemical based products.

7. Related Party Disclosures as per AS-18, issued by The Institute of Chartered Accountants of lndia, for the year ended on 31st March, 2017 :-

(A) Relationships:

(i) Key Management Personnel & Relatives:-

(a) Shri Ram Kuber Dubcy, C & MD

(b) Shri Dhirendra Dubey, Whole-time Director

(c) Shri Nikhil Dubcy, Whole-lime Director

(d) Smt. Milhala Dubey

(e) Smt. Anurniku Dubey

(f) Smt. Madhulika Dubey