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Moneycontrol.com India | Notes to Account > Construction & Contracting - Real Estate > Notes to Account from Rodium Realty - BSE: 531822, NSE: N.A
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Rodium Realty
BSE: 531822|ISIN: INE513E01024|SECTOR: Construction & Contracting - Real Estate
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Mar 12
Notes to Accounts Year End : Mar '13
NOTE 1 : NATURE OF OPERATIONS
 
 Rodium Realty Limited (the Company or RRL), is primarily engaged in
 business of real estate development and services.
 
 A Contingent Liability not provided for:
 
 Uncalled amount of Rs. 42,000 /- each (Previous Year: Rs 46,500 ) on
 250 units of Kotak India Growth Fund - Rs.1,05,00,000 (Previous year
 Rs.1,16,25,000)
 
 B The Company operates under a single segment Real Estate Development
 and Services and its operations within the country. In view of the
 above, Segment wise disclosures, either primary or secondary, as per AS
 17 are not required to be made during the year.
 
 C Dues to Micro and Small Enterprises under Micro, Small and Medium
 Enterprise Development Act, 2006; (MSMED)
 
 The information given below and included in Trade Payable (Note 8) and
 Other Current Liabilities (Note 9) regarding Micro, Small and Medium
 Enterprises has been determined to the extent such parties have been
 identified on the basis of information available with the company.
 
 D The Company had taken various office premises under operating leases.
 These are generally not non-cancelable and range between 11 months to 3
 years and above and are renewable by mutual consent on mutually
 agreeable terms. Lease payments (Without Service Tax) amounting to Rs.
 11,428,880 (P. Y.Rs. 11,219,295) are recognised in the Statement of
 Profit and loss under the head Rent''
 
 E Figures of previous year have been regrouped whenever required.
 
 Signatures to the Notes to the Financial Statements which form an
 integral part of these Financial Statements.
Source : Dion Global Solutions Limited
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