1. Rights, preferences and restriction attaching to various classes of
shares including restrictions on distribution on dividend and repayment
of capital
The company has only one class of shares viz equity shares having a par
value of Rs. 10/- per share. Each shareholder is eligible for one vote
per share and is entitled to pro-rata dividend, if any, declared on
equity shares. In the event of liquidation, the equity share holders
are eligible to receive the remaining assets of the company after
distribution of all preferential amounts in proportion to their share
holding.
2. Shares reserved for issued
No Equity Shares have been reserved for issue under option and
contracts/commitments for sale of shares/disinvestment as at Balance
Sheet date.
3. In the opinion of the Board the current assets, loans and advances
are not less than the stated value if realised in ordinary course of
business. The provisions for all known liabilities are adequate. There
are no contingent liabilities except stated, as informed by the
management.
4. Contingent Liability - Nil (P. Y. - Nil)
5. There is no related party transact on by the group, with any
related party.
6. The figures of previous year have been reclassified and regrouped
wherever considered necessary.
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