| 1. Terms / Rights attached to Equity Shares
The Company has only one class of Equity Shares having a. par value of
Rs. 10 per .shares.. Each holder of equity shares is entitled 10 one
voce per share Any shareholder whose name Is entered in the Regular of
Members of the Company shall enjoy the same rights and be subject to
the same liabilities as all other shareholders of the same class
Dividend -proposed by the Board of Directors is subject to the approval
of the shareholders in the ensuring Annual General Meeting, The Company
in genera; meeting can't declare dividend in excess of?fthe amount
recommended by the Board. Dividend as declared m the ensuing Annual
General Meeting, shall be distributed within the period provided in
companies Act, 2013.
In the event of Winding op of the company, Equity Shareholders will be
entitled to receive remaining assets of the Company, after distribution
of all preferential amounts. Cor the sasd purpose the. hq^kktor may
set: such value as be deems fair upon any property to be divided and
may determine how such divisions shall lie carried out between the
members.
2. Aggregate number of shares allotted as fully paid up by way of
bonus shares during the period of fee years immediately preceding the
reporting date ;
Equity Shares of' 10 each
Issued as fully paid-up by way of Bonus Shares (issued in Ratio of
1:12 adjusted with securities Premium Account) in FY, 2012 -13 Equity
Shares of RS 347.
3. RELATED PARTY DISCLOSERS:
(a) List of Related Parties
Name of related patties with whom transactions have taken place doting
the yeat:
(i) Key Management personnel
Goutam Gupta Managing Director
Amit Bonsal CFO
(ii) Other Related Parties (Enterprises having control over the Company
Component Textiles (p) Ltd
B. The Cornpanyy do not have any Geographical Segment
The company operates mainly in Works & Supplies contracts, hence in
pursuance to the requirements of accounting. Standard 17 isued by the
Chartered accountants of India the segments are not separetely
reportable.
4. PREVIOUS YEAR FIGURES
The Company has reclassified rearranged and regrouped the previous year.
5. CORPORATE INFORMATION
Bronze Infra-Tech Limitcd (the Company) is a public limited company
domiciled in India and incorporated under die provisions of the
Companies Act, 2011
6. BASIS OF PREPARATION
The Company maintains its accounts on accrual basis following the
historical cost convention in accordance with Generally Accepted
Accounting Principles (GAAP) in India, in compliance with the
provisions of the Companies Act, 2013 and the Accounting Standards as
specified in the Companies (Accounting Standards) (Second Amendment)
Rules, 2011, prescribed by the Central Government. Management evaluates
all recently used or revised accounting standards on an ongoing basis.
The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year, except for the
change in accounting policy explained below.
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