I Other Employee Benefits:
Compensated Leave absences benefit expensed in the profit and loss
account for the year is Rs. 10,974,826/- (Previous Year Rs. 19,218,360/-).
Liability carried in the Balance Sheet at the year end is Rs.
23,522,184/- (Previous Year Rs. 18,794,463/-)
1. Estimated amount of contracts remaining to be executed on capital
account, net of advances and not provided for, Rs. 141,607,930/-
(Previous year- Rs. 58,792,300/-).
2. Contingent Liability
a) Company has certain labour disputes which are pending adjudication.
The liability that may arise on account of these disputes cannot be
reasonably estimated but is not expected to be material.
b) Other claims against the Company not acknowledged as debt for Rs. Nil
(Previous year Rs. Nil).
3. The information as required to be disclosed under The Micro, Small
and Medium Enterprises Development Act, 2006 and that given in Current
Liabilities – Schedule 10 regarding Micro and Small enterprises
determined to the extent such parties have been identified on the basis
of the information available with the Company. This has been relied
upon by the auditors.
4. Foreign Exchange Exposure
i. The Company has entered into the following hedging mechanism:
5. Previous year''s figures have been regrouped/reclassified wherever
necessary.
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