Terms/rights attached to equity shares: The company has only one class of share capital namely Ordinary Shares having par value of Rs.10 per share. Each holder of Ordinary Shares is entitled to one vote per share. The company declares and pays dividends in Indian rupees. In the event of liquidation of the company, the holders of Ordinary Shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of Ordinary Shares held by the shareholders.
Note: The Managerial Remuneration paid to Managing Director is more than 11% of the profits computed u/s 198.However, the remuneration of ' 8,40,000/- has been approved by a special resolution in the AGM dt. 01.09.2023 for a period of 5 years.
Note 23 General
Previous year's figures have been regrouped/ reclassified wherever necessary to correspond with the current year's classification / disclosure.
|