1. Earnings per share
The basic earnings per equity share are computed by dividing the net
profit attributable to the equity shareholders for the reporting period
by the weighted average number of equity shares outstanding during the
reporting period.
The number of shares used in computing diluted earnings per share
comprises the weighted average number of shares considered for deriving
basic earnings per share and also the weighted average number of equity
shares, which may be issued on the conversion of all dilutive potential
shares, unless the results would be anti dilutive.
2. Contingent liabilities not provided for in respect of:
The details of the suit filed against
the company pending for disposal is as under: (Amount in lacs)
1. Income Tax Authority Matter pending Filed Appeal against
before CIT Appeal the Demand Raised
for Rs.63.24 lacs.
2. Income Tax Authority Matter pending Filed Appeal against
before ITAT- B. the Demand Raised
for Rs.7.24 lacs.
3. Balances in respect of certain sundry debtors, sundry creditors and
loans and advances are taken as shown by the books of account and are
subject to confirmation and consequent adjustments and reconciliation,
if any.
4. As per Management opinion Current assets, loans and advances have a
value on realization which in the ordinary course of the business would
not be less than the amount at which they are stated in the balance
sheet and the provisions for all known and determined liabilities are
adequate and not in excess of the amount reasonably required.
5. Details of dues to micro and small enterprises as defined under the
MSMED Act, 2006
There are no micros, small and medium enterprises, to which the Company
owes dues, which are outstanding for more than 45 days as at March 31,
2014. This information as required to be disclosed under the Micro,
Small and Medium Enterprises Development Act, 2006 has been determined
to the extent such parties have been identified on the basis of
information available with the Company.
6. Figures in brackets represent those of the previous year.
7. Figures for the previous year have been regrouped / amended wherever
necessary.
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