NOTE '1' : SHARE CAPITAL
None of share holder has been holding more than 5% of aggregate shares
In the company during the year as well as during preceding year.
NOTE '2' : CURRENT LIABILITIES
Amounts due to MSME and Small Scale Industrial Undertakings - NIL.
NOTE '3' : FIXED ASSETS
i) Fixed Assets are valued at cost of acquisition as reduced by
depreciation.
ii) Depreciation is provided on pro-rata basis, under the WDV value
method in accordance with the rates specified in Schedule XIV to the
Companies Act, 1956.
NOTE '4' : NON-CURRENT INVESTMENTS
The diminution in the market value is temporary in nature due to market
volatility, hence not recognised.
NOTE '5' : CASH AND CASH EQUIVALENTS
The interest accrued on term deposit is payable along with the maturity
of the deposit, which is due within 12 months, hence the same has been
considered as cash equivalent.
NOTE '6' : OTHER MATTERS
a. CIF Value of imports : NIL (previous year : NIL)
b. Expenditure in Foreign Currency : NIL (previous year : NIL)
c. Earnings in Foreign Exchange : NIL (previous year: NIL)
d. The financial statements for the year ended 31st March, 2014 have
been prepared as per notified Schedule VI. The previous years figures
have also been reclassified/re-Grouped, where ever necessary to
correspond with this year's classification/grouping and disclosures.
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