| 1. (i) Balance of cash on hand at the end is accepted as certified by
the management of the company
(ii) The figures of the previous year are taken as it is from the
report of the previous auditor.
(iii) Balance of Sundry Debtors, Creditors, unsecured loans, Loans &
advances are subject to confirmation of the parties taken by
Management.
2. Detailed note on the terms of the rights, preferences and
restrictions relating to each class of shares including restrictions on
the distribution of dividends and repayment of capital.
i) The Company has only one class of Equity Shares having a par value
of Rs. 10/- per share. Each holder of Equity Share is entitled to one
vote per share. The Company declares and pays dividend in Indian
Rupees. During the year ended 31st March 2015, the Company has not
declared any dividend.
ii) In the event of liquidation of the Company, the holders of Equity
shares will be entitled to receive 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.
3. Detailed note on shares reserved to be issued under options and
contracts / commitment for the sale of shares / divestments including
the terms and conditions.
The company does not have any such contract / commitment as on
reporting date.
4. Detailed terms of any securities convertible into shares, e.g. in the
case of convertible warrants, debentures, bonds The company does not
have any securities convertible into shares as on reporting date.
5. Previous year figures
The figures of the previous year have been re-arranged, re-grouped and
re- classified wherever necessary
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