1. General information:
Our Company Was Originally Incorporated In Union Territory Of Delhi As “Kuber Jewels (P) Limited” Under The Companies Act, 1956 On 31st October, 1994 Vide Certificate Of Incorporation Issue By Registrar Of Companies, NCT Of Delhi & Haryana. Our Company Was Subsequently Converted Into A Public Limited Company And Consequently Name Was Changed To “Kuber Jewels Limited’ Vide Fresh Certificate Of Incorporation Dated 9th May, 1995 Issued By The Registrar Of Companies, NCT Of Delhi & Haryana.
Subsequently, The Name Of The Company Was Changed To “MAHADUSHI INTERNATIONAL TRADE LIMITED” Vide Fresh Certificate Of Incorporation Dated 24th March, 2006 Issued By The Registrar Of Companies, NCT Of Delhi & Haryana.
Subsequently, The Name Of The Company Was Changed To “NEGOTIUM INTERNATIONAL TRADE LIMITED” Vide Fresh Certificate Of Incorporation Issued By The Registrar Of Companies, NCT Of Delhi & Haryana.
2. Transition to Ind AS
Transition to Ind AS was carried out from Previous GAAP.
3. Related Party Disclosure
No Related Parties Transaction has taken place during the period.
4. Segment Reporting
Company is working in only in one segment hence reporting Segment is not required as per Indian Accounting Standard 108 “Operating Segments”.
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