1. The company has not any amount unpaid as at the year end together with interest paid/payable under the Micro, Small and Medium Enterprise Development Act, 2006 and hence disclosures required to be made U/s.22 of the above Act is have not been given.
2. In determining Earning per share as per AS - 20, the Company has considered net profit after tax. The Number of Shares used for determining basic EPS is the weighted Average Number of shares outstanding for the year.
3. No disclosure is required under AS-24 on "Discontinuing Operations” issued by the Institute of Chartered Accountants of India as the company has not discontinued any line of its activity/product line during the year.
5. The title deeds of immovable properties are held in the name of the Company.
6. The Company has not revalued any of its Property, Plant and Equipment during the year.
7. No proceedings have been initiated during the year or are pending against the Company at the end of year for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder.
8. The Company does not have any borrowings from banks or financial institutions on the basis of security of own current assets.
9. The company has not been declared wilful defaulter by any bank or financial institution or other lender.
10. The Company has not any transactions with companies struck off under section 248 of the Companies Act,2013 during the year.
11. There were no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period at the end of the year.
12. The Company does not have any layers prescribed under clause (87) of Section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017.
* There are variances compared to current years of more than 25% due to decrease in Profit and decrease in Loans in comparison to previous years that has resulted in changes in the ratio.
14. The Company is not covered under section 135 of the Companies Act during the year.
15. There were no transactions relating to previously unrecorded income that have been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (43 of 1961).
16. The Company has not traded or invested in Crypto currency or Virtual currency during the financial year.
17. Figures of the previous year have been regrouped and reclassified wherever necessary to confirm to the current year’s classification.
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