| Note 1:
A) Terms / Right attached to equity shares
The Company has one class of issued shares referred to as equity shares
having a par value Rs 10/-each holder of equity shares is entitled to
one vote per share. The dividend proposed by the board of directors, If
any, is subjected to the approval of shareholders in Annual General
Meeting. In the event of liqauidation of the Company the holder of the
equity shares will be entitled to receive remaining assets of the
Company after settlement of all preferential amount. The distribution
will be in proportion to the number of equity shares held by the equity
shareholders.
Note 2:
The Balance in parties accounts are subject to confirmation and
reconciliation , If any. In the opinion of the management all current
assets including stock in trade / sundry debtors and loans and advances
in the normal course of business would realize the value at least to
the extent stated in the Balance sheet.
Note 3:
Micro, Small and Medium Enterprises There are no Micro, small and
Medium enterprises in respect of whom the Company dues are outstanding
for more than 45 days at the Balance sheet date. The above information
regarding Micro, Small and medium enterprises have been determined to
the extent such parties have been identified on the basis of
information available with the Company and relied upon by the auditors.
Note 4:
Figures have been rounded of the nearest thousands and decimals
thereof.
Note 5:
The Company has only one reportable business segment namely trading
of IMFL and Beer
Note 6:
CONTINGENT LIABILITIES ( to the extgent not provided for )
31-03-2015 31-03-2014
a) Guarantee given by
Bankers and outstanding Nil Nil
b) Estimated amount of contracts
remaining to be executed on Capital
Accounts and not Provided for
(net after advance Payment ) Nil Nil
c) Counter guarantee given Nil Nil
Note 7:
RELATED PARTY DISCLOSURES (As identified by the management and relied
upon by Auditors)
a) Name of related parties and nature of relationship where control
exists are as under:-
I) Associate Companies
1) Rajasthan Telematics Ltd.
2) K.K Distilleries Pvt.Ltd.
3) K.K. Industries
II) Key Management Personnel
1) Parasram Jhamnani
2) Raj Kumar Jain
3) Gajraj Singh
4) Anupam Garg
III) Relatives of Key Management Personnel
1) Bharat Jhamnani
2) Smt Jyoti Jhamnani
3) Vinod Jhamnani
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