| 1. As per AS-15 on Employee Benefits, the short term employee benefits
have been accounted on undiscounted basis.
2. In compliance of Accounting standard 18 on "Related party
Disclosures" issued by the ICAI, details pertaining to related party
transactions .
A. (i) Name of the related Parties
i Key management Personnel
1. MANMINDER SINGH NARANG (Director)
2. ANCHAL NARANG (Managing Director)
ii. Associate concerns
1.SHIVAM COOL DRINKS PVT. LTD.
2.THREE-N-PRODUCTSPVT.LTD.
3. R.D.M. CARE INDIA PVT. LTD.
4. AYUR INTERNATIONAL
5. THREE-N-CONSTRUCTION PVT. LTD.
6. NARANG BROS. (FIRM)
3. Primary Segment: The company is primarily engaged in the business
of Liquor etc. Therefore as per Accounting Standard -17 "Segment
Reporting" reportable segment is liquor segment only. Hence the company
has not given segment reporting.
Secondary Segment: Geographical segment has not been given as the
company is not working in a separate economic environment which has
effect on risk and return, which are different from the one in which
the company is presently working.
4. In the opinion of the management of the Current Assets Loan and
advance is realisable value which is at least equal to the amount at
which they are stated. Letters of confirmation of balance are awaited
in most of the cases.
5. The company has not received any information from suppliers
regarding their status under Micro, Small Scale and medium Enterprises
Development Act, 2008 and hence, disclosure, if any, relating to
amounts unpaid at the year end together with any interest payable as
required. The said Act have not been given.
6. During the year the loans from Oriental Bank of Commerce were
restructured/rescheduled and part of loans were converted into working
capital term loan and funded interest Term loan.
7. Previous year's figures have been rearranged/regrouped wherever
necessary to make them comparable with current figures
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