| 1) In view of different range of power and conductor cables of
different sizes, quantitative information could not be furnished in
respect of power cables.
2) The Installed Capacities are as certified by the Management and not
verified by the Auditors, being a technical matter.
3) Sales are being shown in composite price, which includes Excise
Duty, Sales Tax, Insurance and Transportation charges.
4) Additional information pursuant to the provisions of Paragraph 3,4C
and 4D of part II, Schedule III, of Companies Act, 2013.
5) Confirmation of balances has not been received in respect of Secured
loans, Sundry Creditors, Sundry Debtors, Loans & Advances and margin
money. These accounts are subject to reconciliation and adjustments, if
any
6) Sundry creditors include outstanding dues to Micro, Small and
Medium Undertakings, to the extent possible ascertained and identified
from the available information, is Nil and Previous Year: NIL.
7) Related Party Disclosure:
Key personnel - Sri G.V.B.R. Reddy, No remuneration was paid during the
year
Noven Life Sciences Pvt. Ltd had opening credit balance of Rs, 27.09
Lakhs. No Transactions during the year. Closing balance was Rs, 27.09
Lakhs.
8) Deferred Tax:
Due to large accumulated lossess no deferred tax asset/liability was
identified during the year as per AS-22 Deferred Tax Asset / Liability
for the current year is recognized, due to large accumulated losses and
very low level of operations during the year as per AS-22 .
9) Previous year's figures have been regrouped wherever necessary to
conform to current year's classification.
10) Unsecured loans other include remuneration payable pertaining to
previous year of Rs, 30.99 lacs.
11) Paise rounded off to nearest Rupee.
12) Schedules 1 to 18 form an integral part of the Balance Sheet and
Profit and Loss Account.
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