Terms / Rights attached to Equity Shares_
The company has only one class of equity share having par value of Rs.l per share. Each holder of the equity share is entilted to one vote per share. Whenever the company declares dividend it will be paid In Indian Rupees.All the shares are held by the Public.
In the event of liquidation of the Company, the holders of Equity Shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts. However, no such preferential amounts exist curently. The distribution will be in proportion to the number of Equity Shares held by the Shareholders.
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Contingent Liabilities and Commitments Note. - 20
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(i) Contingent liabilities :
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(a) Claims against the compnay not acknowledged as debt
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(b) Guarantees excluding financial gurantees
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(c) Other money for which the company Is contingently liable
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(ii) Commitments :
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(a) Estimated amount of contracts remaining to be executed on capita!
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(b) Uncalled liability on shares and other investment partly paid
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(c) Other (specify nature)
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