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S A Tech Software India Ltd. Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) 71.82 Cr. P/BV 4.61 Book Value (Rs.) 11.92
52 Week High/Low (Rs.) 162/45 FV/ML 10/1000 P/E(X) 9.66
Bookclosure EPS (Rs.) 5.70 Div Yield (%) 0.00
Year End :2024-03 

The company has only one class of share having par value of Rs 10. Each holder of equity share is entitled to one vote per share.

Note:-

1) As per Board meeting held on 13th October 2023, Rights granted for 14,333 equity share of Rs.10/- each at premium of Rs.390/-(i.e.issued price 400/-) per share in the ratio of 1:30 to the existing members of company in the the proportion of their shareholding as on record date. Out of 14,333 rights 6250 rights are exercised by members and 6250 equity shares of Rs.10/- each are alloted at premium of Rs.390/- per share and having enual rights with pxistine shares of the romnnnv via hoard resolution nasseri on 23rd of Ortoher 2024

2) As per EGM held on 7th December 2023, Company has approved and alloted Bonus shares for 87,21,220 equity shares of Rs.10/- each in the ratio of 20:1 (i.e. 20 fully paid Equity shares issued for 1 fully paid equity share held). Such equity shares have same rights of voting as the existing equity shares and to be treated as equally pari passue with existing equity shares of the company.

(The company is converted to Public Limited status w.e.f 3rd November 2023, However the period covered under this audit is as per Private Limited Status. Remuneration payable by company having inadequate profit as per section II of Schedule V of the Companies Act, 2013 as approved by special resolution in extra ordinary general meeting held on 16/12/2019.)_

37 Segment Reporting

In accordance with the requirements of Accounting Standard 17 "Segment Reporting", the Company is mainly engaged in the business of "IT Consulting, Global Capability Center services" and all other activities of the company revolve around the main business and as such, there are no separate reportable segments that require reporting under Accounting Standard 17 - Segment Reporting.

40 Micro, Small and Medium Enterprises Development Act, 2006 (the 'MSMED Act’)

41 Balance confirmations of Trade Receivables and Payables are certified by the mangement. The advance received from customers is netted out from outstanding balances

42 Previous Year Figures

The financial statements for the year ended March 31st, 2024 & year ended March 31st, 2023 had been prepared as per Revised Schedule III under the Companies Act 2013. Accordingly, the previous year figures have also been reclassified to conform to this year's classification.


 
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