Contingent Assets: Contingent assets are neither recognized nor disclosed.
(xiii) Deferred Tax Liability/ Assets
As per the Applicable Accounting Standard and Rules, the deferred tax / liability consists of:
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(Rs. In Lakhs)
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Particulars
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Opening
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(Charge)/Credit during the year
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As at March 31,2025
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Dep
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3.58
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8.62
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12.20
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Net Deferred Tax Liability
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3.58
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8.62
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12.20
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> Basic EPS amounts are calculated by dividing the profit for the year attributable to equity holders by the weighted average number of equity shares outstanding during the years. Diluted EPS amounts are calculated by dividing the profit attributable to equity holders by the weighted average number of equity shares outstanding during the periods/years plus the weighted average number of equity shares that would be issued on conversion of all the dilutive potential equity shares into equity shares.
As at 31 March 2025, the Company has not paid the Self-Assessment Tax relating to Assessment Year 2024-25 amounting to ?470.08 Lacks. Management expects to remit the amount before completion of assessment proceedings.
a) The Company has only one class of equity shares having par value of ? 10 each. Each holder of equity shares is entitled to one vote per share.
b) All equity shares rank pari-pasu and carry equal right respect to voting and dividend. The dividend proposed, if any by the Board of directors is subject to approval of the shareholders.
c) In the event of liquidation of the Company, the holders of equity shares will be entitled to the remaining assets of the company, after distribution of all preferential amounts, if any. The distribution will be in proportion to the number of equity shares held by the shareholders.
d) All the above Shareholders are also promoters of the Company.
e) The company has issued fresh public issue of 30,60,000 equilty share each Rs 10/- per equity with premium of Rs 190/- per equity.
Purpose of reserve stated as follows:
Securities premium reserve : Securities premium is used to record the premium on issue of shares.
The reserve to be utilized in accordance with the provisions of the Companies Act, 2013.
General reserve: Amount set aside from retained profit as a reserved to be utilized for permissble general purpose as per law.
Retained earnings: Retained earnings represents undistributed profits of the Company which can be distributed to its equity shareholders in accordance with the provisions of the Companies Act, 2013.
Terms and conditions
(Secured vechile loan is secured against the vechile ans is taken from financial institution an having interest rate of 11.50% and the same is repayable in 3 years and the same has been classified as current and non current based on the original tenure of the loan.
(Cash Credit taken from yes bank and secured against the fixed deposit of rs 100.00 lakhs.)
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