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Moneycontrol.com India | Notes to Account > Cement - Products/Building Materials > Notes to Account from Gujarat Narmada Flyash - BSE: 526598, NSE: N.A
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Gujarat Narmada Flyash
BSE: 526598|ISIN: INE955G01022|SECTOR: Cement - Products/Building Materials
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« Mar 11
Notes to Accounts Year End : Mar '12
1) Pursuant to the Notification No.447 (E) dated February 28,2011 and
 Notification No.653 (E) dated March 30, 2011, issued by the Ministry of
 Corporate Affairs, the Company has prepared its financial statements
 for the year ended March 31, 2012 as per revised schedules VI to the
 Companies Act, 1956. Accordingly, the previous year''s figures have
 been regrouped / reclassified, wherever required to align the financial
 statements
 
 2.  Accounting Standard 19 on Leases is not applicable to the company
 as the lease is a cancelable lease.
 
 3.  The company is not required to disclose Diluted Earnings per Share
 as it falls under level 3 as per the notification by the Insti tute of
 Chartered Accountants of India regarding Applicability of Accounting
 Standards to SMEs.
 
 4 Balances Due to or due from the parties from whom confirmations are
 not received are subject to adjustment on receipt of confirmations.
 
 5 Contingent Liabilities: Estimated amounts of contracts remaining to
 be executed on capital accounts and not provided for Rs. Nil
Source : Dion Global Solutions Limited
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