SENSEX NIFTY
Moneycontrol.com India | Notes to Account > Miscellaneous > Notes to Account from Omega Ag-Seeds (Punjab) - BSE: 519479, NSE: N.A
YOU ARE HERE > MONEYCONTROL > MARKETS > MISCELLANEOUS > NOTES TO ACCOUNTS - Omega Ag-Seeds (Punjab)
Omega Ag-Seeds (Punjab)
BSE: 519479|ISIN: INE112B01013|SECTOR: Miscellaneous
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
LIVE
BSE
Oct 22, 16:15
31.25
1.2 (3.99%)
VOLUME 221,373
Omega Ag-Seeds (Punjab) is not listed on NSE
« Mar 12
Notes to Accounts Year End : Mar '13
A) RELATED PARYT DISCOLSERS (AS-18)
 
 The related party Disclosures as required as per Accounting Standard
 (AS-18) on Related party Disclosures Issued by Institute of Chartered
 Accountants of India are as below: -
 
 A.  PARTY RELATION
 
 Omega Ag-Seeds (India) Limited Promoter Company
 
 Punjab Agro Ind. Corporation (PAIC) Promoter Company
 
 B.  Key Managerial Personnel
 
 Mr.Nerella Mohan Rao Venkatarama Managing Director a) Disclosure
 required for related parties transactions.
 
 The Amounts outstanding at Balance sheet Date.
 
 Amount Recoverable from Promoter Company
 
 Omega Ag-Seeds (India) Ltd Rs. 1,46,277/-
 
 Amount Payable to Managerial Personnel
 
 Mr. Nerella Mohan Rao Venkatrama Rs. 30,20,000/-
 
 B) Expenses /Revenue in Foreign currency - NIL
 
 C) Balance of Sundry Debtors, Sundry Creditors and growers and loans &
 Advances are subject to confirmation.
 
 D) The company has calculated Deferred Tax liability as at 31.03.2013
 in accordance with the Accounting Standards (AS-22) issued by The
 Institute of Chartered Accountants of India.
 
 E) In the opinion of the management the value realization of current
 assets and bans & Advances in the ordinary course of business will not
 be less than the amount at which they are stated in the Balance Sheet.
 
 F) In accordance with the Accounting Standard (AS-22) issued by
 Institute of Chartered Accountants of India, the company has Deferred
 Tax liability as ait 31.03.2013 with regard to timing difference of
 depreciation of previous years and current year.
 
 G) Figures for the previous year have been regrouped or rearranged
 wherever necessary.
 
 H) Praise have been rounded to nearest rupee.
Source : Dion Global Solutions Limited
Quick Links for omegaagseedspunjab
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.