(ii) Rights, preferences and restrictions attached to shares
Equity Shares: 1) The Company has only one class of Equity Shares having a par value of Rs. 10/- per share. Each holder of Equity Share is entitled to one vote per share. The Company has not declared any dividend.
2) In the event of liquidation of the Company, the holders of Equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of Equity shares held by the shareholders.
The company does not have any such contract / commitment as on reporting date.
Detailed terms of any securities convertible into shares, e.g. in the case of convertible warrants, debentures, bonds etc.
The disclosures under the Micro, Small and Medium Enterprises Development Act, 2006 have been made in respect of such vendors to the extent they could be identified as micro and small enterprises on the basis of information available with the Company. Company has made payment to MSME within stipulated time period as per the Micro, Small and Medium Enterprises Development Act, 2006.
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27 Contingent Liabilities and Commitments Particulars
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31 March 2025
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(Rs in lacs) 31 March 2024
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Claims against the Company not acknowledged as debt
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- Income tax demands
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52.65
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20.58
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Total
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52.65
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20.58
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i. Earning available for Debt Service = Net Profit before taxes Non-cash operating expenses Interest other exceptional item
ii. Debt service = Interest & Lease Payments Principal Repayments
iii. Capital Employed = Tangible Net Worth Total Debt Deferred Tax Liability Reasons for Variances
1. Current Ratio : There is less increase in current asset and current liability in compare with the previous years and hence variance incurred.
2. Inventory Turnover Ratio: There is less increase in inventory as compare to the previous year and hence variance incurred.
3. Trade Receivable Turnover Ratio: It indicates in compare to previous year compnay is more efficient to recover its receivables.
4. Trade Payable Turnover Ratio : It indicates in comare to previous year company is delaying the payment for the creditors.
30 Other Statutory Disclosures as per the Companies Act, 2013
1. Company has no Immovable Property during the year.
2. The Company has not granted any Loans or Advances in the nature of loans to promoters, Directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person, that are (a) repayable on demand or (b) without specifying any terms or period of repayment.
3. The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property.
4. The Company has not declared willful defaulter by any bank or financial institution or other lender.
5. Based on the information available with the Company, the Company does not have any transactions with companies struck off u/s 248 of the Companies Act, 2013.
6. The Company has not traded or invested in Crypto currency or Virtual Currency during the audited period.
7. The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall: (a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or (b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
8. The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall: (a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or (b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
9. The Company has not entered into any such transaction which is not recorded in the books of account that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.
10. The Company does not have any charges or satisfaction which is yet to be registered with Registrar of Companies beyond the statutory period.
11. The Company has not entered into any scheme of arrangement therefore approval of competent authority in terms of sections 230 to 237 of the Companies Act, 2013 is not required.
31 Regrouping
The figures of the previous year have been re-arranged, re-grouped and re- classified wherever necessary.
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