Rights, Preferences and restriction attached to Equity Shares
a) The company has only one class of Equity Shares. Each holder of Equity Shares is entitled to one vote per shares with
a right receive per dividend declared by the company. Voting Rights cannot be exercised in respect of shares on which any call or other sums presently payable have not been paid. In the event of liquidation, the Equity Shareholders are entitled to received remaining assets of the company (After distribution of all preferential amounts) in the proportion of the Equity Shares held by the Shareholders
31. During the year company has noncompliance with AS-15 Employee Benefits (Revised) to the extent of Nonprovision for Gratuity without ascertaining Actuarial Valuation due to non-materiality of an amount.
32. The balance appearing under unsecured loans, sundry creditors, sundry debtors, loans and advances and certain banks are subject to confirmation and reconciliation and consequent adjustment, if any, will be accounted for in the year of reconciliation and/or confirmation.
33. In the opinion of the Board, the current Assets, Loans and Advances and Advances have valued on realization in the ordinary course of Business, at least equal to the amount at which they are stated in the balance sheet.
34. All known liabilities are provided for on the basis of available information / Estimates.
35. For the year ended 31st March, 2025, to the micro and small enterprises as required to be disclose under “The Micro, Small and Medium Enterprises Development Act, 2006”. The determination has been made to the extent such parties were identified by the management based on the information available and are relied upon by the statutory auditors.
36. In the previous year, the company had raised amounts to Rs. 170.63 Lakhs by issue of 7,75,000 Equity Shares at Face Value of Rs. 10 each at premium of Rs.4 and by issue of 17,75,000 Shares warrants at Face Value of Rs. 10 each at premium of Rs.4 subscribe @25% on preferential allotment basis. In line with the objects of the issue, the funds have been utilized to the extent of Rs. 95.25 Lakhs till 31st March 2024 and Rs. 75.37 Lakhs have been
utilized till 31st March 2025. The total funds utilized till 31/03/2025 Rs.170.63 Lakhs for the purposes for which it was raised, and there is no deviation from the stated objectives of the issue.
37. Previous year figures have been regrouped / reclassified wherever necessary, to conform to current year's classification.
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