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Moneycontrol.com India | Notes to Account > Glass & Glass Products > Notes to Account from Empire Industries - BSE: 509525, NSE: N.A
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Empire Industries
BSE: 509525|ISIN: INE515H01014|SECTOR: Glass & Glass Products
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Empire Industries is not listed on NSE
Mar 12
Notes to Accounts Year End : Mar '13
1.1 Terms / rights attached to equity shares
 
 The Company has only one class of equity shares having a par value of Rs.
 10 per share. Each holder of equity shares is entitled to one vote per
 share. The Company declares and pays dividends in Indian rupees. The
 dividend proposed by the Board of Directors is subject to the approval
 of the shareholders in the ensuing Annual General Meeting.
 
 In the event of liquidation of the Company, the holders of equity
 shares will be entitled to receive remaining assets of the Company,
 after distribution of all preferential amounts. The distribution will
 be in proportion to the number of equity shares held by the
 shareholders.
 
 2.  The value of stocks include all taxes and duties. Cenvat is
 credited to statement of Profit & Loss on consumption basis. Cenvat
 related to year-end stock is carried forward in Balance Sheet under the
 head ''Other Laibilities''.
 
 3.  Excise duty liability on Finished Goods stock has not been
 provided and also not included in the valuation of Finished Goods
 stock. However, it has no impact on statement of Profit & Loss Account.
 
 4.  The previous year''s figures have been regrouped / reclassified
 wherever necessary.
 
 5.  Segment wise information for the year ended 31st March, 2013 :
 
 Segments have been identified in line with the Accounting standard on
 segment reporting (AS-17), taking into account, the nature of products
 and services, the organization and internal reporting structure as well
 as differential risk of these segments.
Source : Dion Global Solutions Limited
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