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Silkflex Polymers (India) Ltd. Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) 129.42 Cr. P/BV 3.31 Book Value (Rs.) 33.64
52 Week High/Low (Rs.) 112/51 FV/ML 10/2000 P/E(X) 18.49
Bookclosure 25/09/2025 EPS (Rs.) 6.03 Div Yield (%) 0.00
Year End :2025-03 

Others

i) Previous year figures have been regrouped and rearranged wherever necessary, to make them comparable with those of current year

ii) Creditors, Advances and Liabilities have been taken as per books, are subject to reconcilation/confirmation and consequential adjustments,if any.

iii) In the opinion of Board of Directors, Current Asset, Loans and Advances are Approximately of the same value at which these are stated in the Balance Sheet, if

33 Title deeds of Immovable Property not held in name of the Company

The company does not have any immovable property (other than properties where the company is the lessee and the lease agreements are duly executed in favour of the company) for which title deeds are not held in the name of the company. Accordingly, the requirement to disclose details relating to title deeds of immovable properties not held in the name of the company is not applicable.

34 Revaluation of Property, Plant and Equipment

The Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets) and Intangible assets.

37 Details of Benami Property held

The Company affirms that no proceedings have been initiated or are pending against it under the Benami Transactions (Prohibition) Act, 1988 and the rules made thereunder. The Company does not hold any benami property, nor has it been involved in any transaction that qualifies as a benami transaction as defined under the said Act.

38 The company has taken Borrowings from Bank on the basis of Security of Current Asset i.e Inventory.

The monthly statements of current asset i.e Inventory filed by the Company with banks are in agreement with the books of accounts.

39 Contingent liabilities.

Currently, there are no contingent liabilities that should be reported in the financial statements of the company.

40 Wilful Defaulter

Date of declaration as wilful defaulter

The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

41 Registration of Charge

There are no charges or satisfaction yet to be registered with Registrar of companies (ROC)

42 Arrangements and Amalgamations

There are no Scheme of Arrangements placed before the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013 for approval.

43 Compliance with number of layers of companies

The company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of

Layers) Rules, 2017.

44 Utilisation of Borrowed funds and share premium

The Company has not received any fund (which are material either individually or in the aggregate) from any party(ies) (Funding Party(ies)) with the understanding whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner by or on behalf of the Funding Party (Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

45 Utilisation of Money raised through Initial Public Offer (SME IPO)

The Company has raised funds by way of initial public offer dated 15/05/2024 of 34,82,000/- equity shares of face value of Rs 10/- each for cash at a price of ? 52/- per equity share including a share premium of ? 42/- per equity share (the "issue price") aggregating to ? 18.10 Cr ("the issue") and fund has been used for the purpose for which it has been raised.

47 Segment reporting

The Company has single reportable business segment. Hence, no separate information for segment-wise disclosure is given in accordance with the requirements of AS 17 - Operation Segments.

48 Undisclosed Income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.

49 Virtual Currency Transaction

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year._


 
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