3.1 The company has only one class of shares referred to as Equity Shares having face value of Rs. 10/-. Each Holder of Equity Share is entitled to 1 vote per share.
3.2 During the year the Company has issued NIL (P.Y. NIL) Bonus Share.
3.3 In the event of liquidation of the Company, the holders of Equity shares will be entitled to receive any of the 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 shareholder.
E. Due to Micro. Small and Medium Enterprise:
The Company has no amount/interest unpaid as at this financial year end/previous financial year end, to Micro/Small vendors registered under the Micro, Small and Medium Enterprises Development Act, 2006, except Rs. Nil (P.Y. Rs. 47.29 Lacs) as per information received from vendors regarding their status. Also, Company has not paid any interest under this Act to any Micro/Small vendor during this financial year/previous financial year.
1 The current ratio decreased due to the increase in WIP resulted current liabilities is increased.
2 The debt equity ratio increased due to new loans taken during the year.
3 Debt service coverage ratio decreased due to an increase in long-term borrowing.
4 Trade receivable turnover ratio increased due to trade receivables released timely.
5 Net capital turnover ratio increased due to trade receivables released timely.
6 Net profit ratio decreased due to the earlier year's tax setoff in the current year.
7 Return on capital employed ratio Increased due to increase in gross margin.
K. Borrowing costs attributable to the acquisition of a new construction project amounting to Rs. 3.00 Lacs (P.Y. Rs. 2.26 Lacs).
L. In the opinion of the Board of Directors, Current Assets, Loans and Advances are approximately of the same value at which these are stated in the Balance Sheet, if realized in the ordinary course of business.
M. The Company's operations predominantly consist of one segment i.e. the business of Construction Activities
and all other activities surrounded with main business of the Company. During the year under report, all amount of the Company's business has been carried out in India. The conditions prevailing in India being
uniformed, no separate geographical disclosures are considered necessary.
N. Some of the balances of Debtors, Creditors, Advances and Liabilities have been taken as per books, subject to reconciliation/confirmation and consequential adjustments, if any.
O. Previous year's figures have been regrouped and rearranged wherever necessary, to make them comparable with those of current year.
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