| 1. Contingent Liabilities
Sales tax liabilities pending company's appeals/rectifications Rs.
160969 (Rs. 160969)s
2. There are no shares issued for consideration other than cash in last
5 years. However 1494500 Equity Share out of issued, subscribed and
paid up share capital were alloted as fully paid-up Bonus Shares by
capitalisation of Reserves and Surplus in Profit and Loss Account in
earlier years.
3. 10990600 Equity Shares out of issued subscribed and paid up share
capital were alloted on conversion of convertible debentures in
earlier years.
3. The number of issued, subscribed and fully paid up shares
remained unchanged during the year as there were no buyback
or issue of share capital.
4. The Company has only one class of Equity Shares having a par value
of Rs 10.Each holder of Equity Shares is entitled to one vote per
share.There are no restricitions attached to any Equity Shares. The
Company declares and pays dividends, if any , in Indian Rupees.The
dividend proposed by the Board of Directors, if any, is subject to
the approval of the share holders in the ensuing Annual General
Meeting.In the event of liquidation of the Company, the holders 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
held by the respective shareholders.
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