A Terms/rights attached to equity shares
 
 The company has only one class of equity shares having par value of
 Rs.10 per share. Each holder of equity shares is entitled to one vote
 per share.
 
 In the event of liquidation of the company, the holders of equity
 shares will be entitled to receive remaining assets of the company,
 after distribution of all the preferential amounts. The distribution
 will be in proportion to the number of equity held by the shareholders.
 
 Note 1 Related Party Transaction
 
 List of related party - where control exist
 
 a.  Wholly owned subsidiary companies
 
 Maharashtra Laminates Limited Hanuman Laminates (I) Pvt Limited
 
 b.  Promoter/ Associates Kyner Trading Pvt Ltd Tien Trading Pvt Ltd
 
 VRB Capital Services India Pvt Ltd Karma Industries Ltd
 
 c.  Key managerial personnel Abhishek Mehta
 
 d.  Individuals having control or significant influence over the
 Group:-
 
 Mr. Hemang Sampat Mr. Ashwin Shah Mrs.Bhavna Mehta
 
 Significant Accounting Policies to Financial statements for the year
 ended 31 March 2012.
 
 Corporate Information
 
 Rammaica India Limited (RMIL) was originally incorporated on 31st
 March, 1981 as Ram Decorative & Industrial Laminates Limited and
 obtained certificate of commencement of business on 1st May, 1981.  The
 name of the company was changed to Rammaica (India) Limited and fresh
 Certificate was obtained on 13th July, 1992.The company has set up a
 plant at Plot No.F-9, MIDC Industrial Ares, Tarapur, Maharashtra with a
 capacity to manufacture 1500 tonnes per annum of Decorative Laminates
 of various designs and thickness. The plant was commissioned during
 1984 and the products are marketed under the brand name RAMMAICA and
 RAMOPAL. The in-house technology has been upgraded from time to time
 and the Company''s products are well accepted and its brand names well
 known in the market. RMIL, w.e.f.  April 1, 1993 has taken over the
 activities of its group company, Ramglas (India) Limited, engaged in
 the manufacturing and marketing of Decorative Fibre glass reinforced
 sheets under the brand name RAMGLAS.
 
 Basis of Preparation
 
 The financial statements of the company have been prepared in
 accordance with generally accepted accounting principles in India
 (Indian GAAP). The company has prepared these financial statements to
 comply in all material respects 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. The accounting
 policies adopted in the preparation of financial statements are
 considered with those of previous year, except for the change in
 accounting policy explained below.