Note 7.2 : Terms/ Rights Attached to 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 and ranks pari passu. In the event of liquidation, the equity shareholders are eligible to receive the 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.
#The aforesaid disclosure is based upon percentages computed separately for class of shares outstanding as at the balance sheet date. As per records of the company, including its register of shareholders/members and other declaration received from shareholders regarding beneficial interest, the above shareholding represents both legal & beneficial ownership of shares
1. The Company has availed the Loan upto Rs. 60,00,000/- during the year carrying Rate of Interest @ 9% PA. from Salasar Balaji Overseas Pvt Ltd.
2. The Tenure of the Loan is for 3 Years as per the Loan Agreement/Undertaking dated 28th December 2023 during the control of the erstwhile management.
3. No security has been provided by the Company to the Lender in respect of the said Loans.
4. The loan from Anubhav Agarwal Director is non-interest bearing and is repayble on demand as per loan agreement
5. The loan from Black Pearn Info System Pvt Ltd and Maruti Nandan Ashiyana Pvt Ltd is non-interest bearing and were repayble on demand as per loan agreement and the same have been repaid during the year
The information as required to be disclosed under The Micro, Small and Medium Enterprises Development Act, 2006 (“the Act”) has been determined to the extent such parties have been
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