4.9 Additional Regulatory Information
(i) Details of Benami Property held:
The Company do not have any Benami property, where any proceedings has been initiated or pending against the Company for
holding any Benami property.
(ii) Details of Loans and advances
The company has not granted any loans and advances to promoters, directors, key managerial personnel (KMPs) and the related
parties which are repayable on demand or without specifying any terms or period of repayment.
(iii) Willful Defaulter
The company has not been declared as a willful Defaulter by any Financial Institution or bank as on the date of Balance Sheet.
(iv) Relationship with Struck off Companies
The Company do not have any relationship with companies which are struck off.
(v) Registration of charges or satisfaction with Registrar of Companies (ROC)
The company has no pending charges or satisfaction of charges which are yet to be registered with the ROC beyond the statutory
period.
(vi) Compliance with number of layers of companies
The company has complied with the provision of the number of layers prescribed under clause (87) of section 2 of the Act read with
the Companies (Restriction on number of Layers) Rules, 2017.
(vii) Compliance with approved Scheme(s) of Arrangements
There are no Schemes of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the
Companies Act,
(viii) Discrepancy in utilization of borrowings
The company has used the borrowings from banks and financial institutions for the specific purpose for which it was taken at the
balance sheet date. There are no discrepancy in utilization of borrowings.
(ix) Utilization of Borrowed funds and share premium:
(A) The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or
kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries).
(B) the company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party).
The company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities
(intermediaries) with the understanding that the intermediary shall: a) 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 b) provide any guarantee, security
or the like to or on behalf of the Ultimate Beneficiaries;
The Company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the
understanding (whether recorded in writing or otherwise) that the Company shall: a) 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; b) provide
any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
5.0Additional Information
(i) Undisclosed income
The Company has no transaction that 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 (such as, search or survey or any other relevant provisions
of the Income Tax Act, 1961).
In terms of our attached report of even date
For NIRAV PATEL & CO. For VERA SYNTHETIC LIMITED
CHARTERED ACCOUNTANTS
FRN : 0134617W
RINKU N. PATEL SUNIL D MAKAWANA MEERA S MAKAWANA
(PARTNER) (MANAGING DIRECTOR) (WHOLE TIME DIRECTOR)
(DIN : 00245683) (DIN : 08277500)
Place : BHAVNAGAR
Date : 20/05/2025
UDIN : 25171232BM OVLL2858
|