i) Segment Reporting:
A, Business Segments:
Based on the guiding principles given in Accounting Standard 17 on
Segment Reporting issued by ICAI, the Company has only one reportable
business segment i.e, Finance and Investment Activity Accordingly, the
figures appearing in these financial statements relate to the Company's
single business segment,
B. Geographical Segments:
The Company's activities/operations are confined to India and as such
there is only one geographical segment Accordingly, the figures
appearing in these financial statements relate to the Company's single
geographical segment
ii) The Company is having Deferred Tax Assets in accordance with AS-22,
the same is not provided in accounts as a matter of prudence.
iii) The Company has no related party transactions during the year.
iv) Contingent Liabilities not provided for - NIL
v) Previous year's figures have been regrouped or rearranged wherever
necessary.
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