25. The previous year s figures have been reworked, regrouped, and reclassified wherever necessary. Amounts and other disclosures for the preceding year are included as an integral part of the current annual financial statements and are to be read in relation to the amounts and other disclosures relating to the current financial year.
26. The Company has not revalued its Property, Plant and Equipment for the current year.
27. There are no Intangible assets under development in the current year.
28. There is no capital work in progress under development in the current year.
29. Credit and Debit balances of unsecured loans, sundry creditors, sundry Debtors, loans and Advances are subject to confirmation and therefore the effect of the same on profit could not be ascertained.
30. The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.
31. The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.
32. No proceeding has been initiated or pending against the Company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988, as amended, and rules made thereunder.
33. The company has not been declared as willful defaulter by any bank or financial institution or government or government authority.
34. The Company has not advanced or loaned to or invested in funds to any other person(s) or entity (is), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:
a. directly or indirectly lend to or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or
b. provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
35. The Company has not received any fund from any person(s) or entity(is), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:
a. directly or indirectly lend to or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or
b. provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
c. The company does not have transaction with the struck off under section 248 of companies’ act, 2013 or section 560 of Companies act 1956.
36. The company is in compliance with the number of layers prescribed under clause (87) of section 2 of company’s act read with companies (restriction on number of layers) Rules, 2017.
37. Foreign Currency Transactions: -Expenditure in Foreign Currency: - 2568.57 Lakhs Earnings in Foreign Currency: - 2463.76 Lakhs
38. Related Parties Disclosure: -
The Disclosures of Transaction with the related parties as defined in the related parties as defined in the Accounting Standard are given below:
As per Ind-AS 24, issued by the Chartered Accountants of India, The Disclosures of Transaction with the related parties as defined in the related parties as defined in the Accounting Standard are given below:
46. Charge Asset
1) Charge modified in the favor of charge holder (ICICI Bank Ltd) on dated 16/07/2024 of Rs 1500 Lakhs over the certain assets of company.
47. Registration of Charges or satisfaction with registrar of companies (ROC)
All charges or satisfaction are registered with ROC within the statutory period for the financial years end March 31, 2025 and March 31, 2024. No charges or satisfactions are yet to be registered with ROC beyond the statutory period.
48. Dividend
During the year the Company has paid dividend of financialS year 2024-25 amounting Rs 101.42 Lakhs.
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