a.The company has one class of Equity shares having a par value of Re.
10/- each. Each shareholder is eligible to one vote per share held.
1.1 Related Parties Disclosures (As per Accounting Standard 18)_
a. Wholly Owned Company - Not Any
b. Associate Company - None
c. Company under the Common Control of Promoters
d. Key Management Personnel
There has been no related parties transactions during the year under
review except normal share transactions executed through
b. Secondary Segment
The Company operates predomentaly within the geographical limits of
India. It has no secondary segment revenue.
1.2 Disclosure for Payment to Micro, Small & Medium Enterprises_
The Company has not received any intimation from their suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 and hence disclosure, if any, relating to the
amount unpaid as at the year end together with interest paid / payable
as required under the said Act, have not been given.
1.3 Impairment of Assets
Company Management during the year have carried out technographical
evaluation for identification of Assets, if any, in accordance with
Accounting Standard 28. Based on the judgement of the Management and as
certified by Directors, no provision for impairement is found to be
necessary in respect of any Assets as all the assets were sold off
during the year
Note : 1.4
The revised Schedule VI has been become effective from 1st April 2011
for the preparation of Financial Statements. This has significantly
impacted the disclosure and presentation made in the financial
statements. Previous Years'' figures have been regrouped/re-classified
wherever necessary to the correspond with the current year
classifications / disclosures.
Source : Dion Global Solutions Limited
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