During the year ended March, 31, 2015 the Company made an Initial Public Offering (IPO) though book building process of 55,55,200 (nos) Equity Shares of Rs. 10 each. Out of the total offering 17,08,800 nos of shares were allotted as pre IPO issue allotment & 38,46,400 nos of shares were allotted in IPO. The Company has raised Rs.43.33 crores through the fresh issue of shares and incurred share issue expenses of Rs.1.44 crore which have been adjusted with securities premium account in line with the requirements of Section 52 of the Companies Act, 2013.

1. Details of Shareholders holding more than 5% equity shares in the Company.

2. For the period of Five years immediately preceding the date as at which the Balance Sheet is prepared:

3. Terms/ Rights Attached to Equity Shares

The Company has only one class of shares referred to as equity shares having a par value of Rs.10 per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends in Indian Rupees. The final dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in the case of interim dividend.

4. RESERVES & SURPLUS

* Expenses amounting to Rs. 88,587 have been incurred by the Company during the FY 2015-16 towards Share issue expenses related to earlier year. Share Issue expenses of Rs. 1,44,42,936 incurred by the Company has been met out of the Securities Premium Account in accordance with the requirements of Section 52 of the Companies Act, 2013.

The Inventories have been valued at cost. The Inventory is physically verified by the management at regular intervals. Cost of Inventory comprises of Cost of Purchase, Cost of Conversion and other Costs incurred to bring them to their respective present location and condition.

5. CAPITAL & OTHER COMMITMENTS.

The Company does not have any executed contracts of material capital commitment & other material commitment as at the reporting date.

6. FINANCIAL DERIVATIVES & HEDGING TRANSACTIONS.

There are no outstanding Foreign Currency exposure hedged or unhedged) as at the reporting date.

7. PREVIOUS YEAR FIGURES

Previous year’s figures have been regrouped, reclassified/ reinstated where ever necessary to correspond with current year’s classification/ disclosure.