d) Rights, preferences and restrictions attached to the equity shares
The Company has one class of equity shares having a face value of ' 10 each. Each holder of equity share is entitled to one vote per share held and carry a right to dividend. The dividend proposed by the Board of Directors is subject to the approval of the share holders in the ensuing Annual General Meeting, except in case of interim dividend. 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.
As regarding disclosure of amount due to the creditors which are Micro, Small & Medium Enterprises, the company is in process of collecting information from the creditors regarding their status under the Micro, Small & Medium Enerprises Devlopment Act 2006. The amount due to Micro, Small & Medium Enterprises as on 31-March-2025 to the extent the information available with the Compnay has been disclosed hereunder
The disclosuer as given below related to Micro, Small and Medium Enterprises as defined in the Micro, Small & Medium Enerprises Devlopment Act 2006 has been determined to the extend such parties has been identified on the basis of information available with the company.
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(Rs. In Lakhs)
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24 Contingent Liabilities
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As at March 31,
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As at March 31,
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2025
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2024
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The company has following contingent liabilities
Demand raised by Income tax Department disputed and not acknowledged as debt ( Pending before Assessing and Appellate Authority )
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16.58
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16.58
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TOTAL
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16.58
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16.58
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25 In the opinion of the Management, the realizable value of the current assets, loans and advances in the ordinary course of business will not be less than the value at which they are stated in the Balance Sheet.
30 Additional Regulary Information
a. The Company does not have any Immovable property whose title deeds are not held in the name of Compnay
b The Company does not have any Benami property , where any proceeding has been initiated or pending against the Company for holding any Benami
c There are no transactions with the companies struck off under section 248 of Companies Act, 2013 or section 560 of Companies Act, 1956
d i) The Company have not advanced or loaned or invested funds to any other person (s)or entity (ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:
a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (Ultimate Beneficiaries); or
b) Provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
ii) The Company have not received any fund from any person (s)or entity (ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall:
a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries); or
b) Provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
e The Company have not had any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the period in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.
k Other Matters
Information with regard to other matters specified in Schedule III to the Act is either Nil or not applicable to the Company for the peirod.
31 Previous period’s figures have been regrouped/ reclassified wherever necessary to correspond with the current period’s classification/ disclosure.
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