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| 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. |
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| Source : Dion Global Solutions Limited | |
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