1. 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
shares 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.
2. Raw - materials consumed includes materials used for Job Work, which
is very insignificant.
3. Previous year figures have been recast/restated to confirm to the
classification of the current period.
4. Balance of Debtors, Creditors, Un-Secured Loan, Advances and Bank's
Outstation Collection Accounts are subject to confirmation &
reconciliation if any.
5. Related Party Disclosure
Disclosures as required by Accounting Standard 18 are given below:
Nature of Relationship Name of Related Party
Key Management Personnel Anil B Patel
Kunal A Patel
Other Parties which significantly Anupam Trading Company
Influence/are influenced by the H S Bhatt
Company (either individually
or with others)
Aman Enterprises
OM Suntronics Converting
Equipments
Kalpvrux Converting Products
Pvt Ltd
Stag Print P Ltd
The following transaction were carried out with the Related Parties in
Ordinary course of business.
Notes:
1 The above Cash flow statement has been prepared under the indirect
method as set out in the AS - 3 Cash Flow Statements issued by the
Institute of Chartered Accountant of India.
2 Cash and cash equivalents for the purposes of financial statement
comprise cash in hand, balances with bank and Fixed deposits with bank
as per Note No -14.
3 Purchase of fixed assets includes movements of capital
work-in-progress (including Capital Advances) during the year.
4 Previous Year figures have been regrouped when necessary to conform
to the year's classification.
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