Election 2014
SENSEX NIFTY
Moneycontrol.com India | Notes to Account > Textiles - Processing > Notes to Account from Nakoda - BSE: 521030, NSE: NAKODA
YOU ARE HERE > MONEYCONTROL > MARKETS > TEXTILES - PROCESSING > NOTES TO ACCOUNTS - Nakoda
Nakoda
BSE: 521030|NSE: NAKODA|ISIN: INE559B01023|SECTOR: Textiles - Processing
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
LIVE
BSE
Apr 23, 15:52
10.30
-0.17 (-1.62%)
VOLUME 18,556
LIVE
NSE
Apr 23, 15:51
10.35
-0.1 (-0.96%)
VOLUME 51,605
Dec 11
Notes to Accounts Year End : Dec '12
Terms/Rights attached to Equity Shares
 
 The Company hasonlyone class of EquityShares having apar value of Rs. 5
 per Share. Each holder of Equity Share is entitled to one vote per
 Share. The Company declares and pays Dividend in Indian Rupees. The
 Dividend proposed bythe Board of Directors issubjectto the approval
 ofShareholdersintheensuingGeneral Meeting.  During the year ended 31st
 December''2012, the amount of Dividend per Share recognised as
 distributions to Equity Shareholders was Rs. 0.25 perShare.(31st
 December2011: Rs. 0.25 perShare)
 
 In the event of liquidation of the Company, the holders of Equity
 Shares will be entitled to receive remaining assets of the Company. The
 distribution will be in the proportion to the number of Equity Shares
 held by the Shareholders.
 
 a During the year, the company has issued 20320000 share warrants
 convertible into 101600000 equity shares of Rs. 5 each at a premium of
 Rs.5 per equity share (5 equity shares for each warrant alloted).  
 
 b During the year,the company has issued 29200000 share warrants
 convertible into 292000000 equity shares of Rs. 5 each at a premium of
 Rs. 5 per equity share (10 equity shares for each warrant alloted.
 
 1.1 Term Loans
 
 a Term loan of Rs. 250crores (Phase I) and Term loan of Rs. 153 (Phase
 II) are secured by Pari Passu first charge on all existing immovable
 and movable assets of the company situated and proposed to be situated
 at Block No. 17 to 19 at Karaj and Block No. A/1, B/1, M/1 at Textile
 Park, Hathuran and second charge on all Current Assets of the company.
 
 b Term Loan of Rs. 18 crore for FDY lines are secured by Hypothecation
 of 6 FDY lines covered under said loans.
 
 1.2 Corporate Loans
 
 a Corporate loan from Syndicate Bank is secured by EMT of Land and
 Hypothecation of 9 wind mills situated at Tirunelveli,Talmilnadu.
 
 b Corporate loan from Indian Overseas Bank is secured by Hypothecation
 of 7 wind mills situated at Ratlam, Madhya Pradesh.
 
 1.3 Vehicle Loans
 
 The loans for vehicles have been secured by specific charges on the
 vehicles covered under the said loan.
 
 2.  Contingent Liabilities :
 
 a) Estimated amount of contracts remaining to be executed on capital
 account and not provided for Rs. Nil ( Pre. Year Rs. Nil)
 
 b) Outstanding guarantee furnished by Company''s bankers Rs. 708.44 lacs
 (Pre. Year Rs. 909.74 lacs).
 
 c) Claim against the Company not acknowledged as debt : Rs. NIL
 
 d) Uncalled Liabilities : Rs. NIL
 
 e) Corporate Guarantee given : USD 650 Lacs.
 
 3.  Salary and wages Rs. 684.42/- Lacs- (Pre. year Rs. 589.28/- Lacs)
 includes remuneration paid to Directors Rs. 84 Lacs (Pre. year Rs. 76
 Lacs)
 
 4.  The balances of debtors, creditors, deposits, loans & advances are
 subject to confirmation.
 
 5.  Sundry Debtors and advances include Rs. NIL due from concern in
 which directors of the company are directors or the members or partners
 in case of firm
 
 6.  Small Scale industries to whom the company owes a sum which is
 outstanding for more than 30 days are Rs. NIL
 
 7.  Previous year''s figures have been regrouped and/or recast wherever
 necessary and made them comparable with the current year''s figure.
Source : Dion Global Solutions Limited
Quick Links for nakoda
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.