-
CONTINGENT LIABILITIES AND COMMITMENTS:
-
Counter guarantees given to the Banks in respect of guarantees given by them amount to Rs.
Nil (Previous year Rs. Nil)
-
Estimated amounts of contracts to be executed on capital account and not provided for
(Net of advance) come to Rs. Nil (Previous year Rs. Nil)
ASAT31.03.2014
ASAT31.03.2015
NOTE - 3: SHARE CAPITAL
100000000
72635000
100000000
72635000
72622000
72622000
6500 72628500 6500 72628500
Authorised:
1,00,00,000 Equity Shares of Rs. 10/- Each
Issued & Subscribed called up:
72,63,500 (Previous year 72,63,500)
Equity Shares of Rs. 10/- each
Paid up Capital:
72,62,200 (Previous year 72,62,200)
Equity Shares of Rs. 10/- each fully paidup:
Add: Forfeited Shares amount
(on 1300 Shares at Rs. 51- per share paidup)
AS AT 31.03.2014
NOTE - 3a: RECONCILIATION OF SHARES AS AT 31.03.2015
No. of shares
? No. of shares
Particulars
Equity shares:
7262200 72622000
0.000.00
0.000.00
7262200 72622000
0.000.00
0.000.00
7262200 72622000
7262200 72622000
Share outstanding at the beginning of the year
Shares issued during the year
Shares bought back during the year
Share outstanding at the end of the year
Rights attached to equity shares:
The Company has only one class of equity shares having a face value of ? 10/- per share with one
vote per each equity share.
The Company declares and pays dividends in indian rupees as and when proposed by the Board of
Directors which is subject to the approval of the shareholders in the ensuing Annual General
Meeting.
|
NOTE - 4: RESERVES & SURPLUS
|
AS AT 31.03.2015 AS AT 31.03.2014
|
|
Capital Resen/e - State subsidy
|
|
2498051
|
|
2498051
|
|
Surplus (Profit & Loss Account)
|
Ý39550065
|
|
-1080330
|
|
|
Less/Add: Net Loss/ (Profit) for the year
|
(22063594)
|
-61613659
|
(35390221)
|
-36470551
|
|
|
|
-59115608
|
|
-33972500
|
NOTE -3b: Details of shares held by shareholders holding more than 5% of aggregate
Shares in the company
|
PARTICULARS
|
AS AT 31.03.2015
No. of shares held % of holding
|
|
1) A. Srinivas Reddy
|
|
668545
|
9.21
|
|
2) A. Sudhakar Reddy
|
|
0
|
0.00
|
|
3) A. Leela
|
|
726893
|
10.00
|
|
4) Elete Hanumath Reddy(Deceased)
|
438900
|
6.04
|
-
Expenditure incurred in Foreign Currency: 2014-15 2013-14
-
CIF Value of Imported Capital Goods NIL NIL
-
CIFValueofImportedConsumablesandSpares 1,19,08,322.00 19,069,863.00
-
CIFValueofImportedRawMaterial Nil Nil
-
On Overseas Travel Nil Nil
-
Foreign Exchange Earnings
FOB Value of Exports In Rupees 43,900,217.00 66,239,742.00
-
Pursuant to Accounting Standard 22 (AS-22) i.e Accounting for Taxes on Income Issued by the
Institute of Chartered Accountants of India, the deferred tax assets(net) as on 31.03.2014
works out to ?210.68 lakhs. As a measure of prudence and as recommended under AS-22,the
same has not been currently recognized in the accounts. Similarly, the deferred tax assets (net)
of? 267.81 Lakhs as on 31 st March 2015 has not been recognized in the statement of profit and
loss forthe year ended 31 st March 2015.
Break-up of Deferred Tax Assets and (Liabilities) into major components of the respective
balances is as under:
|
Deferred Tax Assets / Liabilities
|
|
(?ln Lakhs)
|
|
|
As on
|
As on
|
|
|
31/03/2015
|
31/03/2014
|
|
Tax Impact of unabsorbed depreciation as per I.T.Act.
|
43.54
|
38.24
|
|
Tax Impact of Unabsorbed Losses as per I.T Act
Tax impact due to difference between tax depreciation
|
228.63
|
176.57
|
|
and book depreciation
|
-4.36
|
-4.13
|
-
BUSINESS SEGMENTS:
The Company is predominantly engaged in the export of polished slabs. Its domestic sales are
negligible/not material. So in terms of the accounting standard 17 on Segment reporting issued
by the Institute of Chartered Accountants of India (ICAI), this is considered to constitute one
single primary segment. In view of the above there is no reportable segment for the year.
-
As on 31.03.2015 there are no amounts payable to units covered under section 22 of Macro,
Small & Medium Enterprises DevelopmentAct-2006
Previous year’s figures have been regrouped, re-classified and re-cast wherever necessary so
as to make them correspond with the Current year’s figures and are rounded off to the nearest
Rupee.
As per our report of even date for and on behalf of the Board of Directors
of SRI VAJRA GRANITES LIMITED
Sd /- Sd /-
A. SRINIVAS REDDY G.SRINIVASA REDDY
Managing Director Chief Financial Officer
For I. SUDHAKER & CO,
Chartered Accountants
FR No 006271S
Sd/- Sd /-
I. SUDHAKER K.S. KAMESWARA SARMA
PROPRIETOR Chairman
Membership No. 023904
Place: Hyderabad
Date: 30-05-2015
| 