| 1. Company Information
The company is in the business of Real estate development in India. It
is engaged in the building of Flats, Commercial Complex s and Resorts.
The company is also engaged in the development and marketing of plots
and pieces of land.
2. RIGHTS PREFERENCES AND RESTRICTIONS ATTACHED TO SHARES
The company has only one class of equiy shares have a face value of Rs.
10 Per share.
3. Each holder of equity shares is entitled to one vote per share.
4. The company declares and pays dividends in Indian Rupees.
5. The dividend proposed by the Board of Directors is subject to
approval of the shareholders in the ensuing Annual General Meeting,
except for Interim Dividend
6. 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.
7. There are no Micro and Small Scale Business Enterprises, to whom
Company owes dues, which are outstanding for more than 45 days as at
31/03/2015. This information as required to be disclosed under the
Mirco, Small and Medium Enterprises Development Act, 2006 has been
determined to the extent such parties have been identified on the basis
of information available with the Company
8. Balances due to various parties are subject to
confirmation/reconciliation thereof. Management does not consider any
adjustment on completion of reconciliation/confirmation.
|