1. Cash and Cash Equivalents
In the cash fow statement, cash and cash equivalents includes cash and
cash cheques in hand, demand deposits with banks, other short-term
highly liquid investments with original maturities of three months or
less.
2. Significant and material Orders passed by the Regulators or Courts
SEBI vide Order No. WTM/RKA/ ISD/ 162 /2014 dated 19th December 2014
and re-confirmation Order No. WTM/RKA/ISD/31/2015 dated 20th April 2015
in the matter of dealing in the Shares of First Financial Services
Limited where in the Company has been debarred from accessing Capital
Market
For the time being. Further, there are no other significant and
material orders passed by the Regulators/ Courts that would impact the
going concern status of the Company and its future operations.
3. Previous Year figures have been regrouped / classified wherever
necessary.
A Reconciliation of outstanding share not applicable as there is no
movement during the year
B Terms/rights attached to equity shares
The company has only one class of equity shares having a par value of
Rs. 10 per share. Each holder of equity shares is entitled to one vote
per share. In the event of liquidation of the company, the holders of
equity share will be entitled to receive remaining assets of the
company, after distribution of all preferential amounts. The
distribution will be in proportion to the number of equity shares held
by the shareholders.
C The company has not issued any bonus shares or any shares for
consideration other than cash, nor the company has bought during the
period of five year immediately preceding the previous year
D Details of shareholders holding more than 5% shares in the company
4. Basic and diluted earnings per shares is computed by dividing the
net Profit attributable to equity share holders for the year, by the
weighted average number of equity shares outstanding during the year.
For the purpose of calculating diluted earnings per share, the net
Profit or loss for the year attributable to equity share holders and
the weighted average number of shares outstanding during the year are
adjusted for the effects of all dilutive potential equity shares.
5. RELATED PARTY DISCLOSURE
Names of related parties and related party relationship Key Management
Person of Company
a) RAVI KUMAR NEWATIA
b) SUSHIL KUMAR MITTAL
c) ANIL KUMAR AGARWAL
d) SUNIL KUMAR GUPTA
e) ANITA MITTAL
Enterprises over Which Key Management Personnel have significant
influence
Charishma Combines Pvt. Ltd.
Darshan Vyapaar Pvt. Ltd.
OM Vincom Pvt. Ltd.
Ranisati Mercantile Pvt. Ltd.
Ritesh Construction Pvt. Ltd.
Ritesh Real Estates Pvt. Ltd.
Ritesh Stock Broking Pvt. Ltd.
Shiv Shankar Securities Pvt. Ltd.
Speed Business Pvt. Ltd.
VPL Oil Marketing Pvt. Ltd.
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