19 Balances of Sundry Customers, Suppliers , Loan-Given and Taken , Deposits-Given and Taken , Advance to Suppliers and others are subject to confirmation
20 The Company has not received information from suppliers regarding their status under the Micro , Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amount unpaid as at the year end together with interest paid/payable and other disclosures to be made u/s 22 of the above Act have not been given.
21 In determining Earning Per Share (EPS)(IND AS 33) , the Company has considered net profit after tax. The Number of Shares used for determining Basic EPS is the total Number of Shares issued and fully paid up as at 31.03.2024 and for Year Ended 31.03.2024
22 No disclosure is required under IND AS 105 on - Non-current Assets Held for Sale and Discontinued Operations as the Company has not discontinued any line of its activity /product during the year
26 Cash Flow Statement is prepared in accordance with the requirements of IND AS 7 Statement of Cash Flows.
27 Figures of Previous years have been regrouped and reclassified where ever necessary for better presentation and to comply with disclosure requirements of IND AS
1. Additional Notes:
A. During the year the Company has not revalued its Property Plant & Equipment.
B. No proceedings have been initiated during the year or are pending against the Company as at March 31, 2024 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder.
C. The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.
D. As per the Information available with the Company, there is no such Companies which has been struck, off to or from which any amount is payable or recoverable.
E. The Borrowed Funds from Banks and / or Financial Institutions have been utilized for the purpose for which it was Borrowed.
F. The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.
G. The Company does not have any pending creation of charge and satisfaction as well as registration with ROC.
H. To the best of the knowledge and belief of the Company, no funds (which are material either individually or in the aggregate) have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other person or entity, including foreign entity (“Intermediaries”), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
I. To the best of its knowledge and belief, no funds (which are material either individually or in the aggregate) have been received by the Company from any person or entity, including foreign entity (“Funding Parties”), with the understanding, whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
J. The Company does not have any Subsidiary or Associate of Joint Venture hence the number of layers prescribed under Section 2(87) of the Companies Act,2013 read with Companies (Restriction on Number of Layers) Rules, 2017.is not applicable.
K. Since the Company has not entered any Scheme of Arrangements in terms of sections 230 to 237 of the Companies Act, 2013, the Company is not required to disclose the whether effect of such Scheme of Arrangements have been accounted for in the Books of Accounts in accordance with 'Scheme " and in accordance with the Scheme and "in accordance with accounting standards”.
L. The Company does not have any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961.
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