1. Corporate Information
Rajoo Engineers Ltd. (The Company) is a public company domiciled in
India and incorporated under the provisions of the Companies Act, 1956.
The Company''s shares are listed on Bombay stock exchange in India. The
company is mainly engaged in the manufacturing and selling a reputed
brand of Plastic Processing Machineries and Post Extrusion Equipments.
The company caters to both domestic and international markets.
2. Basis of Preparations of Financial Statements
The financial statements of the company have been prepared in
accordance with generally accepted accounting principles in Indian
(Indian GAAP). The company has prepared these financial statements to
comply in all material respect with the accounting standards notified
under the companies (Accounting Standards) Rules,2006, (as amended) and
the relevant provisions of the companies Act,1956. The financial
statements have been prepared on an accrual basis and under the
historical cost convention. The accounting policies adopted in the
preparation of financial statements are consistent with those of