-0.02 (-1.61%)| Notes to Accounts | Year End : Mar '11 |
1. PREVIOUS YEAR''S FIGURES The Previous year''s figures have been recast/restated, wherever necessary to confirm to current year classification. 2. LOANS & ADVANCES Advances recoverable in cash, kind or value to be received are primarily towards prepayments for value to be received and same has been confirmed by the management. 3. Sundry Debtors, Creditors, Loans & Advances and bank balances are stated as appear in the books of accounts in the ordinary course of business. The balances are un-confirmed and are subject to confirmation from the party/Bank. 4. Investments in quoted or unquoted shares are subject to physical verification. The market values of unquoted shares are not ascertainable. 5. As per Accounting Standard 17 issued by the Institute of Chartered Accountants of India regarding Segmental Reporting, As per the explanation and clarification given by the management the Company has following reported segment: 6. During the financial year 2010-11 the Company has taken application money for issue of 4,50,00,000 No''s Convertible Equity Warrants on Preferential basis to various allot tees with each Warrant Convertible into one Equity share of Rs.1/-each At a price of Rs.70/-Per Share which include a premium of Rs.69/- Per Share, entitling each holder thereof to get One fully paid Equity Share of Rs.1/-each to be issued and allotted upon conversion of the Warrants, at the sole option of the warrant holder. 7. MICRO, SMALL AND MEDIUM ENTERPRISES:- There are no Micro, Small & Medium Enterprises in respect of whom the company''s dues are outstanding for more than 45 days as at the balance sheet date |
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| Source : Dion Global Solutions Limited | |
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