1. Details of Licensed and Installed Capacity, Production, Stock and
Turnover.
2. Employee Benefits
With effect from 1st April 2007, the company has adopted revised
Accounting Standard 15 "Employei Benefits". Pursuant to the adoption,
no adjustment was required to be made to general reserve of revisei As
-15 as the impact was insignificant. .
3. During the year, the company has taken physical verification of
fixed assets and noted discrepancy of Rs Nil (W.D.V.) (P. Y Nil ) of
Fixed Assets and the same were adjusted and discarded in the books of
accounts
4. Pursuant to the enactment of Companies Act 2013, the company has
applied the estimated useful lives as specified in Schedule II.
Accordingly the unamortised carrying value is being depreciated over
the revised/ remaining useful lives. The written down value of Fixed
Assets whose lives have expired as at 1st April 2014 have been
adjusted, in the opening balance of General Reserves amounting to Rs.
1,034,379/-.
5. Disclosure of Related Parties / Transactions With Related Parties:-
Relationship Name of Related Party
Subsidiary company RDJ Construction Private Limited
Group Companies CMS Traffic Systems Limited
(Enterprise over which
Director CMS Computers Limited
and/or his relatives has Jess Prasad Engg. And Metallurgical
Services Pvt. Ltd
significant influence) ST Energy Solution Private Limited
CMS Engineering Services Private Limited
G.G. Constructions Private Limited
Datacom Computer Services Private Limited
Dynamic Hydro Machines Private Limited
Mailtek Services (India) Limited
Netprint Solution India Private Limited
New Video Private Limited
CMS - Ident Pvt. Ltd.
Computer Products and Services Pvt. Ltd.
Dominant Developers Pvt. Ltd.
Acu-Soft Technologies Pvt. Ltd.
CMS-DITL Ltd.
Computer Maintenance Service
Royal Virgo Travels
Systime Computers Limited
CMS Universal Solution P Ltd
CMS Info System Ltd.
Resergent Infotech Pvt.Ltd.
People Upliftment Foundation
CMS Marshal Limited
CMS Securitas Limited
Money ease Capital Pvt. Ltd.
CMS I.T Services Pvt.Ltd
Key Management
Personnel (KMP) Directors :
Mrs. Raju R. Grover
Ms. Aarti R. Grover
Mrs. Sona P. Ramchandani
Mrs. Pramila Prakash Merani
Mrs.Savitri Lal Butani
Mr.Deepak Potdar (CFO)
Miss. Kamaleshwari Bind (CS)
6. The equity shares of the company are listed in Bombay Stock Exchange
and company has paid annual listing fees to the stock exchange for the
year 2014-2015.
7. During the year the Company has reviewed Accounts Receivable and
reversed provision for doubtful debts Rs. 555,034. (P.Y. Provision
made.Rs 348,923).
8. Segment wise Reporting as per Note No. 27.
9. In the opinion of the Board Current Assets, Loans & Advances have a
value on realization in the ordinary Course of Business at least equal
to the amount at which they are stated in accounts and all current
liabilities have been provided for.
10. Sundry Debtors and Creditors are subject to confirmation and
reconciliation if any.
11. Previous Years figures have been regrouped / rearranged wherever
necessary.
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