The company has one class of Equity shares having a par value of Rs. 10/- each. Each shareholder is eligible to one vote per share held.
In the Event of Liquidation of the Company, the holders of the equity shares will be entitled to receive 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.
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FY 2024-25
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FY 2023-24
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19 Contingent Liabilities & Commitments:
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NIL
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NIL
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2g Additional Information disclosed
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NIL
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NIL
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21 as per Part II of The 1 Companies Act, 2013
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25 Confirmation of balances/reconciliation of accounts pertaining to certain advances/creditors/debtors is pending as at period end. Hence, the balances have been adopted as per the books of accounts.
26 Previous year's figures have been regrouped wherever necessary to conform to current period's classification.
27 Consequent to the enactment of the Companies Act, 2013 (the Act) and its applicability for accounting periods commencing from 1st April 2014, the Company has reassessed the remaining useful life of fixed assets in accordance with the provisions prescribed under Schedule II to the Act. In case of other assets, the carrying value (Net of Residual Value) is being depreciated over the revised remaining useful life.
28 "The Company is subject to legal proceedings and claims, which have arisen during the normal course of business. The Company has provided for the proceedings and claims, which according to the company’s management if conclude and determined will have a material and adverse effect on the Company’s result of operations or financial condition".
29 No material foreseeable losses on long- term contracts were expected by the Company during the current and previous financial year and hence no provisions were made in the Books of Accounts.
30 Transaction in Foreign Currency - No transactions involving foreign currency was made during the current and
previous financial year.
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