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Ranklin Solutions
BSE: 590077|NSE: RANKLIN|ISIN: INE619C01015|SECTOR: Computers - Software Medium/Small
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« Mar 10
Notes to Accounts Year End : Mar '11
1.  The Balances to the debit or credit of parties are subject to
 confirmation.
 
 2.  In the opinion of the Board the current assets & loans and advances
 are approximately of the value stated if realized in the ordinary
 course of business. The provisions for depreciation and all known
 liabilities are adequate and not in excess of the amounts considered
 reasonably necessary.
 
 3.  Segment Reporting :
 
 The Company operates in a single primary business segment namely ITES
 [Information Technology Enabled Services]. The Segment-wise details as
 per Accounting Standard 17 are not applicable. Hence, no separate
 disclosure is required.
 
 4.  Quantitative Details
 
 The company is primarily engaged in ITES. The production and sale of
 such services cannot be expressed in any generic unit. Hence, it is not
 possible to give the quantitative details of services and certain
 information as required under paragraphs 3, 4C and 4D of Part II of
 Schedule VI of the Companies Act, 1956.
 
 5.  Particulars of Employees
 
 There are no employees whose particulars are required to be furnished
 U/s 217 (2A) of the Companies Act, 1956 read with Companies Act
 (Particulars of Employees) Rules, 1975 as the remuneration of none of
 the employees has crossed the limits specified therein.
 
 6.  Contingent Liabilities
 
 There are no contingent liabilities to be disclosed as on the date of
 balance sheet.
 
 7.  Related Party Disclosure
 
 There are no transactions with the parties that are related in nature
 to be disclosed as per Accounting Standard 18.
 
 8.  Deferred Tax :
 
 In accordance with Accounting Standards - 22 on Accounting for Taxes on
 Income issued by ICAI, the company has accounted for Deferred Tax.
 
 9.  Previous year figures have been regrouped and rearranged wherever
 considered necessary.
 
 10.  Paises are rounded off to the nearest rupee.
Source : Dion Global Solutions Limited
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