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Moneycontrol.com India | Notes to Account > Steel - Rolling > Notes to Account from Ahmedabad Stellcr - BSE: 522273, NSE: N.A
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Ahmedabad Stellcr
BSE: 522273|ISIN: INE868C01018|SECTOR: Steel - Rolling
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« Mar 10
Notes to Accounts Year End : Mar '11
1.  Previous year''s figures have been regrouped/rearranged wherever
 necessary to make them comparable with current year figures.
 
 2.  Figures have been rounded off to the nearest Rupee for the purpose
 of presentation.
 
 3.  Debtors and Creditors balances appearing in the balance sheet are
 subject to confirmation of respective parties.
 
 4.  The parties to whom loans & advances amounting Rs.30.94.992/- (
 P.Y. Rs.30.94?992/-) ha< e been given have defaulted in payment of
 interest. However the management is hopeful of recover)'' of principal
 amount only.
 
 5.  There is a permanent diminution in the value of unquoted shares of
 Namtech Systems Ltd of Rs.5.50.000/- and in the value of quoted shares
 of Galaxy Appliances Ltd (Hindustan Credit Capital Ltd) of Rs.29.000/-
 totaling to Rs.5.79.000/- which has been provided in the books of
 account.
 
 7.  There are no outstanding creditors of S.S.I. Units for more than 30
 days at the balance sheet date.  There is no purchase from small scale
 industries.
 
 8.  - The Company has contributed Rs.4,00,00.000/- towards capital in
 Tesla Properties LLP which has
 
 been shown as ''Investment in the Capital of Partnership Firm'''' in
 Schedule - D Investments''. The Company has joined as partner in Tesla
 Properties LLP with effect from 25.06.2011.
 
 10.  During the year 347 no of Common shares of Lightworks LLC -
 Mongolia, have been received in pursuance of merger of Mongolian
 Company - Lightworks LLC and other Mongolian Company - AltomineLLC.
 
 11.  Notes Relating to Investment in Lightworks LLC.
 
 The Company has made 50% investment in Common Shares and Preference
 share of Lightworks LLC.  Company has also given loan to Lightworks
 LLC. Company has received interest on loan given to Lightworks LLC and
 accounted it in books of account as per accounting policies and
 requirement of accounting standard. Company has made total investment 
 of 924,1001 JS$ the details of which are as under.
 
 13.  Information as per part IV of Schedule VI to the Companies Act,
 1956.
 
 1) Registration No. 11500 State Code 04 Balance Sheet 
 Date : 31/03/2011
 
 2) Capital raised during the year (Amount in Rupees thousand) Public
 issue Rs.Nil Right issue Rs.Nil Bonus issue Rs.Nil Private placement
 Rs.Nil
Source : Dion Global Solutions Limited
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