1. Balances of Unsecured Loans, Creditors, Debtors, Loans & Advances
and other parties are subject to their confirmations and
reconciliation, due adjustment, if necessary, will be made on receipt
thereof. However, the management does not expect any material
difference affecting the current years'' financial statements.
2. Based on the guiding principles given in Accounting Standard on
Segment Reporting (AS-17) issued by the Institute of Chartered
Accountants of India, the Company operates mainly in manufacturing and
processing of Paper products and all other activities are incidental
thereto, which have similar risk and return, accordingly, there are no
separate reportable Segment as far as Primary Segment is concerned.
3. DERIVATIVE INSTRUMENTS :
a) The Company has not entered into any forward contract to offset its
foreign currency risks arising from the amounts denominated in
currencies other than the Indian Rupee.
b) Foreign currency exposure at the yearend not hedged by derivative
(*) The Company has not remitted any amount in foreign currencies on
account of dividends during the year and does not have information as
to the extent to which remittances, if any, in foreign currencies on
account of dividends have been made by/on behalf of non-resident
shareholders. The particulars of dividends payable to non-resident
shareholders which were declared during the year, are given.
4. Section 135 of Companies Act 2013 and Rules made there under the
company falls within the definition of companies which are required to
spent on CSR activities, the financial details as sort by the Companies
Act 2013 are as under :
5. Previous year''s figures have been regrouped/ rearranged wherever