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ALANG INDUSTRIAL GASES LTD.

06 January 2015 | 12:00

Industry >> Industrial Gases

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ISIN No INE848C01010 BSE Code / NSE Code 531517 / ALANGIND Book Value (Rs.) 8.48 Face Value 10.00
Bookclosure 30/09/2015 52Week High 40 EPS 0.00 P/E 0.00
Market Cap. 3.72 Cr. 52Week Low 7 P/BV / Div Yield (%) 0.81 / 0.00 Market Lot 1.00
Security Type Other

ACCOUNTING POLICY

You can view the entire text of Accounting Policy of the company for the latest year.
Year End :2014-03 
1. (i) BASIS FOR PREPARATION OF FINANCIAL STATEMENTS.

The financial statements have been prepared under the historical cost convention, in accordance with Accounting Standards issued by the Institute of Chartered Accountants of India and the provisions of the Companies Act, 1956, as adopted consistently by the company. All income and expenditure having a material bearing on the financial statements are recognized on accrual basis.

(ii) REVENUE RECOGNITION.

The Company follows the mercantile system of accounting and recognizes income and expenditure on accrual basis except in case of significant uncertainties.

(iii) FIXED ASSETS AND DEPRECIATION.

The Company has no Fixed Assets during the year.