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Moneycontrol.com India | Notes to Account > Textiles - Spinning - Cotton Blended > Notes to Account from Pushpsons Industries Ltd - BSE: 531562, NSE: N.A
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Pushpsons Industries Ltd
BSE: 531562|SECTOR: Textiles - Spinning - Cotton Blended
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Pushpsons Industries Ltd is not traded in the last 30 days
Pushpsons Industries Ltd is not listed on NSE
« Mar 11
Notes to Accounts Year End : Mar '12
1. The company has only one class of equity shares having a par value
 of Rs.10 per share. Each shareholder is eligible for one vote per
 share.  The dividend proposed by the Board of Directors is subject to
 the approval of shareholders, except in case of interim dividend. In
 the event of liquidation, the equity shareholders are eligible to
 receive the remaining assets of the Company, after distribution of all
 preferential amounts, in proportion of their shareholding.
 
 2.  The financial statements for the year ended 31st March, 2011 had
 been prepared as per then applicable pre- revised Schedule Vi to the
 Companies Act, 1956. Consequent to the notification under the Companies
 Act, 1956, the financial statements for the year ended 31st March,
 2012 are prepared under revised Schedule VI. Accordingly, the previous
 year figures have also been reclassified to conform to this year''s
 classification.
 
 3.  During the year the Company has only one reportable segment i.e.
 Export of Made- up in accordance with the accounting standards on
 segment reporting.
 
 4.  Significant accounting policies adopted by the Company are
 disclosed in the statement annexed to these financial statements as
 Annexure I.
Source : Dion Global Solutions Limited
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