| NOTE NO. 1
RELATED PARTIES DISCLOSURES :
1] Relationship:
(a) Associates:
Deccan Bearings Marketing Pvt. Limited
(b) Key management personnel Kiran N. Vora, Managing Director B. W.
Chrisitan, Director
(c) Relatives:
Malini M. Vora Mukesh N. Vora (HUF)
Nirupa M. Vora Nirupa M. Vora (HUF)
SEGMENT REPORTING:
The Company is engaged in the business of Bearings, which as per
Accounting Standard AS-17, On Segment Reporting issued by The
Institute of Chartered Accountant of India is considered to be the
only reportable business segment, the Company is operating in the same
geographical segment. Therefore Segment wise reporting is not
applicable.
NOTE NO. 2
EARNINGS PER SHARE:
Basic and diluted earning per share has been calculated by dividing
net profit available for appropriation for the year by 21,83,334
equity shares of nominal value of Rs. 10/- each, outstanding as on 31
March, 2015
NOTE NO. 3
The Company has not received any intimation from 'suppliers' regarding
their status under The Micro, Small and Medium Enterprises Development
Act 2006, and hence the Disclosure, if any relating to the amount
unpaid as at the year end together with interest paid/payable as
required under the said Act have not been given.
NOTE NO. 4
Land at Halol was acquired on lease from Gujarat Industrial
Development Corporation.
NOTE NO. 5
Figures of the Previous Year have been regrouped/ recasted wherever
necessary to correspond with the current years'
classification/disclosure.
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