Note No. 1
In the opinion of the Directors, the current assets, loans and advances are approximately of the value as stated in the balance sheet, if realized in the ordinary course of the business. The provision of all known liabilities is adequate and not in excess of the amount reasonably required.
Note No. 2
Deferred tax Asset of Rs. 1,100 credited to the profit & loss statement is on account of timing difference related to deprecation charged in the accounts and as claimed under the Income Tax Act.
Note No. 3
As the company's business activity, in the opinion of the management, falls within a single primary segment subject to the same risks and returns, the disclosure requirements of Accounting Standard AS-17 "Segment Reporting" are not applicable.
Note No. 4
Proposed Dividend:
The Board of Directors at its meeting held on May 15, 2018 has recommended a dividend of Rs.0.70 per equity share (aggregating to Rs.6,944,000) for the year ended March 31, 2018 (March 31, 2017: Rs.0.70 per equity share, aggregating to Rs.6,944,000). The declaration and payment of dividend is subject to the approval of the shareholders in the Annual General Meeting.
Note No. 5
As none of the vendors are registered under Micro, Small and Medium Enterprises Development Act, 2006, disclosure relating to amounts unpaid as at the year end together with interests paid/payable under this act is not applicable.
Note No. 6
Earning and Expenditure in Foreign Currencies: Nil (Nil)
Note No. 7
a) Figures of the previous year have been regrouped and rearranged wherever necessary.
b) All the amounts are stated in India Rupees, unless otherwise stated.
|