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Basil Infrastructure Projects 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.) - P/BV - Book Value (Rs.) -
52 Week High/Low (Rs.) - FV/ML - P/E(X) -
Bookclosure - EPS (Rs.) - Div Yield (%) -
Year End :2015-03 
1. (a) Employee benefit plans:

As per Accounting Standard 15 - "Employee Benefits" issued by the Institute of Chartered Accountants of India the disclosure of employee benefits as defined in the Accounting Standard are given hereunder:

The present value in respect of obligation towards gratuity liability is determined based on actuarial valuation using the Projected Unit Credit Method which recognizes each period of service as giving rise to additional unit of employee benefit entitlement and measures each unit separately to build up the final obligation.The obligation for compensatory absences is recognised in the same manner as gratuity.

2. Related party Transactions:

Related parties in terms of AS-18 issued by the institute of Chartered Accountants of India.

i. Key Management Personnel

Mrs. M. Srimani, Managing Director

ii. Relatives of Key Management Personnel -

Mr.M.S.P.Rama Rao

iii.Companies/Firms/Other Concerns in which Key Management Personnel or her relatives hold substantial interest:

* Konaseema Gas Power Ltd * Konaseema Power Corporation Ltd * Golden Jubilee Hotels Ltd * VBC Ferro Alloys Ltd * VBC Industries Ltd -Hillfort Palace (P) Ltd -11C Hotels (P) Ltd * Core Hotels Ventures (P) Ltd. * Avaialable Resources (p) Ltd * VBC Fertilizers & Chemicals Ltd

3. Previous years figures have been regrouped wherever necessary.

 
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