B) TERMS/RIGHTS ATTACHED TO EQUITY SHARES
The Company has only one class of equity shares having a par value of Rs.10/-per share. Each holder of equity shares is entitled one vote per Equity share.
38. In the opinion of the board of directors, Current Assets and Loans & Advance have a value on realization in the ordinary the course of business at least equal to the amount at which they are stated in the balance sheet.
39. Depreciation has been computed in accordance with the provision of Companies Act, 2013 considering the remaining useful life of the assets and has written of the carrying amount of the assets having NIL useful life.
40. Personal accounts are subject to confirmation from the respective parties.
42. Wherein, As per Indian Accounting Standard 12,"Income Taxes", Deferred tax asset shall be recognized for the unused tax losses carried forward and unused tax credits to the extent it is probable that future taxable profit will be available against which unused tax losses and unused tax credits can be utilised. Since, it is not probable that the company will have taxable profits before the unused tax losses. Thus, the company has not recognized Deferred Tax Assets.
43. In the opinion of the management, the value of the realisation of current assets, loans and Advances in the ordinary course or business would not be less than the amount at which they are stated in the balance sheet and Provisions for all the known liabilities have been made.
44' As per Ind-38 "Intangible Assets" the salvage value of the Intangible assets are assumed As NIL.
45 The Company's borrowing is NIL, this facilities, comprising fund-based and non-fund-based limits from various bankers, are secured by way of hypothecation of inventories, receivables, movable assets and other current assets.
46 Company is a Trading Concern; hence, the requirement to give details in respect of the Quantity of Goods manufactured, Licensed Capacity, Installed Capacity or Actual Production is not applicable
47 As at 31 March 2025, the Company does not have any amount outstanding towards share application money.
48
All amounts in the financial statements are rounded off to the nearest Rupee, except as otherwise stated.
49 Notes 1-48 are annexed to and form an integral part of the Balance Sheet as at 31.03.2025 and statement of Profit & Loss
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