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Moneycontrol.com India | Notes to Account > Cables - Power/Others > Notes to Account from Opal Industries - BSE: 517376, NSE: N.A
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Opal Industries
BSE: 517376|ISIN: INE413E01019|SECTOR: Cables - Power/Others
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Opal Industries is not traded in the last 30 days
Opal Industries is not listed on NSE
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Notes to Accounts Year End : Mar '05
2005    2004
 
 1.  Contingent Liabilities not provided for
    (As certified by the Management) Amount Unascertained
 
 2.  Estimated value of contract to be executed on 
     capital account not
     provided for Amount Unascertained
 
 3.  Directors Remuneration                                NIL     NIL
 
 4.  Auditors Remuneration
 
 a) As Audit Fee                                           5000    5000
 
 b) As Consultation Charges                               20000   20000
 
 c) As Service Charges                                     2550    2000
 
 5.  Earnings in Foreign Exchange                           NIL     NIL
 
 6.  Value of Imports of CIF Basts                          NIL     NIL
 
 7.  Value of imported and indigenous raw
     materials, components etc. Consumed
     Imported                                               NIL     NIL
     Indigenous (Rupees in Lacs)                         839.24  938.49
 
 8.  As per the information available with the company, no amount is due
 to Small Scale Ancillary Industrial Undertakings as at 31st March 2005.
 
 9.  In the opinion of the management current assets loans and advances
 shown in the Balance Sheet have a value on realization in the ordinary
 course of business at least equal to the amount at which they are
 stated.
 
 10.  Previous years figures have been regrouped and rearranged
 wherever necessary.
 
 11.  Deferred Taxation: -
 
 In view of uncertainty in respect of taxable profits in the near
 future, deferred tax assets in accordance with the Accounting Standard
 (AS-22) issued by the Institute of Chartered accountants of India has
 not been recognized
 
 12.  Segment Reporting
 
 (a) Business Segment
 
 The Company is dealing only in cables and conductors. As such, there is
 no reportable business segment
 
 (b) Geographical Segment
 
 The company is operating from only from a single geographical location.
 As such, there is no reportable geographical Segment.
Source : Dion Global Solutions Limited
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