|
Contingent liabilities and commitments (to the extent not provided for)
|
As at
31-03-2025
|
As at
31-03-2024
|
|
Amount in Lacs
|
Amount in Lacs
|
|
i) Contingent Liabilities
|
|
|
|
a) Claims against the company not acknowledged
|
49.64
|
49.64
|
|
as debt
|
|
|
|
b) Guarantees
|
0.00
|
0.00
|
|
c) Other money for which the company is
|
0.00
|
0.00
|
|
contingently liable
|
|
|
|
Total : (i)...
|
0.00
|
0.00
|
|
II) Commitments
a) Estimated amount of contracts remaining to
|
0.00
|
0.00
|
|
be executed on capital account and not provided for
|
|
|
|
b) Uncalled liability on shares and other
|
0.00
|
0.00
|
|
investments partly paid
|
|
|
|
c) Other commitments
|
0.00
|
0.00
|
|
Total: (ii)...
|
0.00
|
0.00
|
| |
|
|
|
Total: (i) (ii).„
|
0.00
|
0.00
|
(F) Disclosure pursuant to Note No. 6|W) of Part I of Schedule III to the Companies Act, 2013
In the opinion of the Board, all assets other than fixed assets and non current investments, have a realisable value in the ordinary course of business which is not different from the amount at which it is stated.
(I) Significant Accounting Policies
(a) The Company generally follows mercantile method of accounting except the following which are accounted on cash basis.
(i) Gratuity and incentives to employees
(li) Income from investment
(iii) Claims and interest due on overdue bills.
(iv) Closing Stock valued at cost.
(b) Depreciation on fixed assets have been provided on straight line method as per schedule XIII of the Companies Act, 2013, on Single Shift Basis.
(J) In the opinion of the Board of Directors, the current assets, loans and advances have a value which on realization in the ordinary course of Business would be at least equal to the amount stated in the Balance Sheet.
(K) Figures in brackets represent the figures of the previous year and have been regrouped / rearranged wherever necessary.
• |3,Reason No. 1
The Debt-Equity Ratio is decreased, as the total debt and total shareholder's equity was increased during the year into consideration.
• ‘“’Reasons No. 2
The Debt-Equity Ratio Is Increased, as the total debt and total shareholder's equity was increased during the year into consideration.
r Ý
plReason No. 1
The Debt Service Coverage Ratio Is increased, due to Increase in total debt during the year Into consideration.
• '""’Reason No. 2
The Debt Service Coverage Ratio is decreased, due to increase In total debt during the year into consideration.
(Q) Quantitative details of Cranes
The Company is not required to give the quantitative details, as it is mainly in the Service Industry.
(Ft) As per the information given by the Company, there are suppliers who are covered under the Micro, Small and Medium Enterprises Development Act, 2006.
(S) During the year the Company has created Deferred Tax Liability of Rs. 522.53 Lacs.
(T) The Company has dealt in hiring of the Cranes. There is only one segment of the business during the year into consideration. So, The segment reporting as required by Indian Accounting Standard has not been reported.
| 