a) Rights, preferences and restrictions attached to shares Equity shares
The Company has one class of equity shares having a par value of ' Rs 10/- each. Each shareholder is eligible for one vote per share held. The dividend proposed by Board of Directors is subject to approval of shareholders in the ensuing Annual General Meeting. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.
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Note
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Particulars
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As at 31st March, 2024
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As at 31st March, 2023
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Rs in Lakhs
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Rs in Lakhs
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30
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(i) Commitments and Contingent liabilities (to the extent not provided for)
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Commitments
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-
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-
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Contingent liabilities
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- Bank Guarantee
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-
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-
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- Claims against the Company not acknowledged as debt
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-
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-
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- Disputed Income tax demands appealed against, not provided for :
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-
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-
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(ii) Contingent Assets
The Company does not have any contingent assets.
31 Employee benefit plans
a) Defined contribution plans:
Amount towards Defined Contribution Plans have been recognised under ''Contributions to provident and other funds" in Note : 27 Rs. 2.66 Lakhs for financial year 2023-2024 (Rs 2.62 Lakhs for financial year 2022-2023).
@ Net profit after taxes Non-cash operating expenses Interest Other adjustments like loss on sale of fixed assets etc
# Principal repayment Interest & Lease Payments
A Tangible net worth Deferred tax liabilities Total Debt Non Current Lease liabilities
* The change in % is due to the following reasons :
The company is expanding its Real Estate Business. The company has purchased and sold lands resulting in higher profit, increase in temporary loan from bank, increase in inventory, increase in trade receivables and increase in trade payables. This has resulted in movement in the above ratios.
36 The Company has elected not to apply Indian Accounting Standard 116 ('Ind AS 116') "Leases" as the effect of this adoption is insignificant on the accompanying standalone financial statement.
37 Previous year's figures have been re-grouped/re-arranged wherever found necessary.
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