| 1. The company has extended its financial year from 31st March 2013 to
30th June 2013 and therefore the accounts are for a period of fifteen
months ( 01/04/2012 to 30/06/2013) and therefore are not comparable
with that of the previous year.
2. Contingent Liabilities
(Rs. In Lacs)
2012-13 2011-12
a) Estimated amount of contracts
remaining to be executed. Nil Nil
b) Claims against the Company not
acknowledged as debts 10.34 10.34
c) Guarantee given by the Company 0.05 0.05
d) Unexpired letter of credit Nil Nil
3. No provision has been made for non moving inventories valued at Rs.
33.38 lacs
4. a) In accordance with Accounting Standard 22, 'Accounting for Taxes
on Income' (AS22), issued by the Institute of Chartered accountants of
India, the Company has provided for deferred tax during the year.
b) The Company expects to generate taxable income in the coming years,
which will enable it to utilise the carried forward unabsorbed
depreciation, business loss and MAT credit.
5. Licensed and installed capacity and actual production at Patalganga
factory. Class of Goods: - Ampoules
Unit: - In numbers
Licensed Capacity: - Not Applicable
Installed Capacity: - 870 lacs(CP) (15 months)
Actual Production: - 522 lacsf CP) for a third party
6. Related Party Disclosure:
Related party Disclosures as required by Accounting Standard AS-18"
Related Party Disclosures" are given below:
a. Related Parties where control exists
Subsidiaries : NIL
b. Other Related Parties
1. Substantial Control : NIL
2. Associates : Elder Pharmaceuticals Ltd
Elder Healthcare Ltd Elder Instruments Pvt.Ltd Apricot Capitals Pvt.
Ltd EWF Pharmaceuticals Pvt. Ltd Maverick productions Pvt. Ltd Maverick
Digital Pvt. Ltd Limelight Communications Pvt. Ltd Redle
Pharmaceuticals Pvt. Ltd Anjay Prints Maveer prints Pvt. Ltd Anshul
Printers
3. Joint Ventures : NIL
4. Promoters Holdings together : NIL With its subsidiaries is more
than 20%
c. Key Management Personnel : Mr. Alok Saxena- Director
Dr. Anuj Saxena- Managing Director
d. Relative : Mrs. Sneh Saxena-wife of Mr. Jagdish Saxena
Mrs. Niti Saxena wife of Mr. Alok Saxena
Mrs. Shalini Kumar daughter of Mr. Jagdish Saxena
7. Basic and diluted earning per share has been calculated by
dividing the net profit / (loss), available for appropriation for the
year, by 3233080 shares of nominal value of Rs. 10/-each outstanding as
on 30th June 2013.
8. The previous years' figures have been regrouped, rearranged,
reworked and reclassified, wherever necessary, to conform to revised
schedule VI classification and are to be read in relation to the
amounts and other disclosures relating to the current year.
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