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Rainbow Papers

BSE: 523523|NSE: RAINBOWPAP|ISIN: INE028D01025|SECTOR: Paper
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« Mar 14
Notes to Accounts Year End : Mar '15
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
 instruments.
 
 (*) 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
 necessary.
Source : Dion Global Solutions Limited
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