1). There are no contingent liabilities as certified by the
2). In the opinion of the Board of Directors the current assets and
loans and advances have a value on realisation in the ordinary course
of business, at least equal to the amounts at which these are stated
and that the provisions for the known liabilities are adequate and not
in excess of the amount reasonably necessary.
3). Debit balances in the accounts of suppliers and others are subject
to confirmation and reconciliation.
4). Creditors for Goods and Expenses includes Rs.23091657/- (Previous
year Rs.15168490/-) due to Micro, Small & Medium Enterprise. Micro,
Small & Medium Enterprise having outstanding for more than 30 days and
exceeding Rs.1.00 lakh each. (M/s. Akshay Printers, M/s. Sanfran Inc.,
M/s. Seal -O- Pack, M/s. Surgi Pack (India) Pvt. Ltd. & M/s. Quality
Needles (P) Ltd.)
5). Segment Reporting - Accounting Standard (AS 17)
The Company has only one business as primary segment i.e. manufacturing
of Medical Devices - Surgical Sutures etc.
6). Figures have been rounded of to the nearest rupee.
7). Previous year''s figures have been regrouped and rearranged