C. Terms/rights attached to equity shares:
The company has only one class of shares referred to as equity shares having a par value of Rs.10/-. Each holder of equity shares is entitled to one vote per share. The company declares and pays dividend in Indian rupees. The dividend proposed by the Board of Directors is subject to approval of shareholders in the ensuing Annual General Meeting. During the year ended 31st March, 2025, the amount of per share dividend recognized as distributions to equity share holders was Rs. Nil. In the event of liquidation of the company, the holders of the Equity shares will be entitled to receive remaining assets of the company, after distribution of preferential amounts. The distribution will be in proportion to the number of equity shares held by the share holders.
As per records of the company, including its register of shareholders/members and other declarations received from share holders regarding beneficial interest, the above shareholding represents both legal and beneficial ownership of shares.
NOTE 19 OTHER EQUITY: Refer to the statement of changes in equity for movement in Other equity.
Nature and purpose of reserves:
Amalgamation Reserve: Amalgamation reserve was created a way back and carried forward in the financials.
Investment Allowance Reserve: Investment allowance reserve was created a long back and carried forward in the financials.
General Reserve: General reserve is created from time to time by way of transfer profits from retained earnings for appropriation purposes. General reserve is created by a transfer from one component of equity to another and is not an item of other comprehensive income.
Retained Earnings: Retained earnings are the profits that the Company has earned till date, less any transfers to general reserve, dividends or other distributions paid to the shareholders.
B. Defined benefit plans: Company does not have any Defined Benefit plans for the aforsaid period. Disclosure regarding the same shall also provided in the Accounting policy of employee benefit in the same Annual Report.
C. Other Long term employee benefit plans: Company does not have any other Long term employee benefit plans for the aforsaid period.
NOTE 37 SEGMENT INFORMATION:
In line with Ind As - 108 operating segments and basis of the review of operations being done by the senior Management, the operations of the group fall under manufacture and export of food product business which is considered to be the only reportable segment by the management.
NOTE 40 OTHER NOTES: The balances shown in the Balance sheet under the head of unsecured loans, Creditors, Debtors and Loans and Advances are each subject to confirmation from respective parties and are subject to adjustment if any, on receipt of confirmation.
The company has not received any intimation from suppliers regarding their status under Micro and Medium Enterprise Development Act, 2006 and hence disclosure, if any, relating to the amounts unpaid as at year end together with interest paid/payable as required under the said Act have not been given.
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