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

BSE: 543346ISIN: INE0EAX01014INDUSTRY: Hospitals & Medical Services

BSE   ` 103.95   Open: 100.00   Today's Range 100.00
103.95
-1.05 ( -1.01 %) Prev Close: 105.00 52 Week Range 88.15
126.55
Year End :2024-03 

32.SECURED LOANS:

a) Following are the secured loans obtained by the company:

1. Cash Credit Limit from Bank of India. Ellisbridge Branch

2. Term Loan Facilities from Bank of India. Ellisbridge Branch

3. Working Capital Term Loan (WCTL) from Bank of India. Ellisbridge Branch

4. Term Loan Facility from SREI Equipment Finance Ltd.

5. Housing Loan from Bank of India. Ellisbridge Branch

The above Facilities are secured by the following security;

1. Cash Credit Facility, Term Loan I & WCTL from Bank of India is secured by —— Primary Security: -

Hypothecation of Plant & Machineries. (Assets ID: - 200014852345),

• Hypothecation of Stock & Book Debts.

• Equitable Mortgage of Hospitals Land & Building Situated at Sy No. 168/1 of 2005 Sq. Mts and Sy No. 168/2, of 1055 Sq, Mts of total admeasuring of 3060 Sq. Mts, Village-Sargasan, Tehsil Gandhinagar in the name of Aashka Hospital Ltd.

— Collateral Security: -

Equitable Mortgage of Plot no NA Land S. No. 404, 405, 406, 407, 408, 409, 412, 413, 414, at Dharmoda, Tal Chanasma, Dist Patan, Gujarat admeasuring 66155 Sq. Mts Owned by Mr. Rameshbhai Maganbhai Desai & Mr. Bipin Dineshchandra Shah (Asset ID: - 200006252445)

2. Term Loan against residential property of Director from Bank of India

Equitable Mortgage of Property situated at, Bunglow No. 39, Chaitnyanagar Society,Opp. Saviour Hospital, Stadium Road, Navrangpura, Ahmedabad, Gujarat

33.Contingent Liabilities & Commitments (to the extent not provided for): -

(? in '000)

Particulars

For the Year Ended 31st March, 2024

For the Year Ended 31st March, 2023

Contingent Liabilities

Claim against the Company not acknowledged as debt

Nil

Nil

Guarantee

Nil

Nil

Other money for which the Company is contingently liable

Nil

Nil

Commitments

Estimated amount contracts remaining to be executed on capital account and not provided for

Nil

Nil

Uncalled liability on shares and other Investments partly paid

Nil

Nil

Other Commitments

Nil

Nil

34. Additional Regulatory Information:

34.1 Company do not have any Immovable Property whose Title Deed is not held in the name of Company.

34.2 There is No Revaluation of any Property, Plant and Equipment.

34.3 There are no Loans or Advances in the nature of loans are granted to promoters, Directors, KMPs and the related parties either severally or jointly with any other person.

34.4 There is no Property, Plant and Equipment of company which is in Capital-Work-in Progress.

34.5 There is no Intangible assets which is under development.

34.6 There are no proceedings been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988)

and the rules made there under.

34.7 There are no borrowings of Company from banks or financial institutions on the basis of security of current assets.

34.8 The company is not declared as wilful defaulter by any bank or financial institution or other lender.

34.9 The company has no Relationship / transactions with struck off companies.

34.10 There is no charge pending for registration beyond the stipulated time period.

34.11 The company do not have any Holding or Subsidiary companies hence Compliance regarding number of layers of companies is not applicable.