-1.35 (-6.78%)| Notes to Accounts | Year End : Mar '11 |
1. Estimated amount of contracts remaining to be executed on capital account and not provided for (net of advances) is : Rs. NIL (Previous year : NIL) 2. Contingent Liabilities not provided for is : Rs.NIL (Previous year : NIL) 3. In the opinion of the Board, the current assets, loans and advances are approximately of the value stated in realized in the ordinary course of business. The provision for all known liabilities is adequate and not in excess of the amount reasonably necessary. 4. Some of the balances in Sundry Debtors, Sundry Creditors, Advances and Deposits are subject to confrmation, reconciliations and adjustments if any, which in the opinion of the management will not be signifcant. 5. Related Party Disclosure Disclosures as required by the Accounting Standard 18 Related Party Disclosure are given below; Key Management Personnel (Directors) RAVINDER RAO POLSANI Managing Director YALAMARTHY SRINIVAS Director VIKRAM CHAKRAVARTHY PHANIBHATLA Director GANESH VITHAL KAMATH Director No related party transaction during the year. 6. Earnings Per Share The calculation of Earning Per Share (EPS) as disclosed in the Balance Sheet Abstract has been made in accordance with Accounting Standard (AS-20) on Earnings per Share issued by the Institute of Chartered Accountants of India. A statement on calculation of basic and diluted EPS is as under; 7 . Dues to micro & small-scale industrial undertakings: As at March 31, 2011 as per available information with the company, there are no dues to small scale industrial undertakings. 8. Paise have been rounded off to the nearest rupee. 9. Figures for the previous year are regrouped and rearranged, wherever necessary. 10. Schedules 1 to 17 form part of Balance Sheet and Profit and Loss account have been authenticated. |
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| Source : Dion Global Solutions Limited | |
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