Segment revenue and segment results include transfers between business segments. Such transfers are accounted for at the agreed transaction value and such transfers are eliminated in the consolidation of the segments.
Expenses that are directly identifiable to segments are considered for determining the segment result. Expenses which relate to the company as a whole and are not allocable to segments, are included under unallocated corporate expenses.
Segment assets and liabilities include those directly identifiable with the respective segments. Unallocated corporate assets and liabilities represent the assets and liabilities that relate to the company as a whole and not allocable to any segment.
C. TERMS/ RIGHT ATTACHED TO EQUITY SHARES
The Company has only one class of equity shares having a par value of Re.1 per share. Each holder of equity shares is entitled to one vote per share.
D. Split of Face Value
There was split of Shares from Face Value of Rs 10 per share to Re1 per share during the year.
E. 30,02,500 Equity Shares of Rs 10 each was issued in the year 2013-14 for consideration other than cash.
1. During the year face value of Equity Shares was change from Rs 10 per share to Re1 per share.
2. Contingent Liabilities: Nil (Previous Year - Nil)
3. Certain Balances of parties under sundry debtors, creditors, loans and advances are subject to confirmations/reconciliation.
4. There was no expenditure/earning in Foreign Currency during the year.
5. The trading in Equity Shares of Company was suspended w.e.f. 24th December, 2015 vide BSE notice dated 21st December, 2015. Further the Company is in follow-up with BSE to revoke the suspension.
6. As informed there are no dues to Micro Small and Medium Enterprises as on 31st March, 2016.
7. The Previous year’s figures have been regrouped, reclassified or rearranged wherever necessary.
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