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

BSE: 544221ISIN: INE0RMR01013INDUSTRY: Textiles - Readymade Apparels

BSE   ` 15.98   Open: 15.00   Today's Range 15.00
15.99
+1.59 (+ 9.95 %) Prev Close: 14.39 52 Week Range 10.40
26.00
Year End :2024-03 

The section 135 (Corporate social responsibility) of companies acts, 2013 is not applicable to the company.

39. Notes forming part of accounts in relation to Micro and small enterprise

Based on information available with the company, on the status of the suppliers being Micro or small enterprises, on which the auditors have relied, the disclosure requirements of Schedule III to the Companies Act,2013 with regard to the payments made/due to Micro and small Enterprises are given below:

The company has initiated the process of obtaining the confirmation from suppliers who have registered themselves under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act, 2006) but has not received the same in totality. The above information is compiled based on the extent of responses received by the company from its suppliers.

40. Title deeds of immovable Property

Tittle deeds of immovable property has not been held in the name of promoter, director, or relative of promoter/ director or employee of promoters / director of the company.

41. Loans or Advances in the nature of loans to promoters, directors, KMPs and the related parties: -

No Loans or Advances in the nature of loans are granted to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person.

The Company has only one class of equity shares having a per value of Rs. 10/- Per Share is entitled to one vote per share. In the event of liquidation of the company, the holder of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares

by the shareholders.

CONTINGENT LIABILITIES AND COMMITMENTS

Annexure 15

Particulars

As at 31st March 2024

(a) Contingent Liabilities

a. Claims against the company not acknowledged as debts

b. Guarantees

-

c. Other Money for which the company is contingently liable

3.99

(b) Commitments

-

Total

3.99