| CONTINGENT LIABILITIES AS ON BALANCE SHEET DATE.
1 HON, BLE M.P. has given probable liability under sales tax and excise
acts on purchase of denatured spirit relating to 1991-1992 . High
Court has granted a stay. (Rs. 47.50 Lacs) Estimated amount due.
a Terms / Rights Attached to Shares
i Equity Shares The Company has only one class of Equity shares having
a par value of 10/-. Each holder of equity shares is entitled to one
vote per share.
The Company declares and pays dividends in Indian rupees. The dividend
proposed by the Board of Directors is subject to the approval of the
shareholders in the ensuing Annual General Meeting.
During the Year Ended 31st March 2014 the amount per share dividend
recognized as distributions to equity shareholders was Rs. NIL For 31sr
March 2013 was Rs NIL)
In the event of liquidation of the Company, the holders of equity
shares willbe 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 shareholders.
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