| Notes to Accounts | Year End : Mar '11 |
1 There are no known contingent liabilities during the year. 2 Segmental Reporting: The Company has only one reportable segment which is in EPC business. Accordingly, no separate disclosures of segment information have been made. 3 The Company had initiated the process of identifying (MSMEs) as per Micro, Small and Medium Enterprises Development Act, 2006. Based on the information available, the Company is of the opinion that there are no entities that can be defined as MSMEs. 4 Disclosures in receipt of derivative instruments: i) Derivative instrument outstanding as at 31st March, 2011 is NIL ii) Foreign Currency exposures that are not hedged by derivative instrument as at 31st March 2011 - NIL 5 CASH FLOW STATEMENTS. Cash flow statement for the year ended 31st March 2011 is given in the statement annexed to these accounts 6 The disclosures in respect of Related Parties as required under Accounting Standard 18 (AS 18) '' Related Party Disclosures'' is stated herein below/ set out in a separate statement annexed hereto. a) Related parties and relationships for which disclosure is required under AS18: i. Subsidiary Companies NIL ii. Associates and Joint Ventures NIL iii. Directors and their relatives: iv. Enterprises over Which any person described in (iii) above is able to exercise significant influence Ojas Industries Private Limited * JG Advisory Pvt Ltd. - Ms Roma Ahuja Basti Sugar Mills Company Ltd -Mr.Upendra Prasad Govind Nagar Sugar Ltd. - Mr.Upendra Prasad * No Transactions during the Year. 7 Contingencies and event occurring after Balance Sheet date : NIL 8 Prior Period expenditures/Incomes : NIL 9 Impairment of Assets: NIL 10 Previous year''s figures have been rearranged/regrouped where considered necessary to confirm to current year''s presentation. |
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| Source : Dion Global Solutions Limited | |
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