6.4 Terms / rights attached to Equity Shares:
The Company has only one class of equity shares having a par value of Rs. 10/- per share. The holders of Equity Shares has one vote for each equity shares held by them. The registered holders of Equity Shares are entitled to dividend declared from time to time.
In the event of Liquidation of the Company, the holder of equity shares will be entitled to receive any of the 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.
Balances of Trade Receivable and Loans, Advances and other liabilities are pending 13 confirmation.
Loans and Advances are considered good in respect of which Company does not hold any ,. security other than Personal guarantee of the party.
15 No provision for retirement benefits has been made, in view of accounting policy no. 11.
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17
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Contingent
Liabilities
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Claims against the Company/ disputed liabilities not acknowledged as debt*
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As at
31st March 2024
(Rs. in Lakhs)
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As at
31st March 2023
(Rs. in Lakhs)
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Claims against the Company in respect of Income Tax
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664.37
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664.37
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* The Company has been advised that the demand is likely to be either deleted or substantially reduced and accordingly no provision is considered necessary.
Basic and Diluted Earning / (Loss) per share
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19 The previous year figures have been regrouped / reclassified, wherever necessary to conform
the current year presentation.
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