a. There is no amounts due and outstanding to be credited to Investor
Education and Protection Fund under section 205C of The Companies
Act,1956 as at year end.
a. Fixed deposit with banks includes deposits of Rs. 1 Lac (Previous
Year Rs. 1 Lac) with maturing of more than 12 months. Fixed deposit
with banks also includes deposit of Rs. 3 Lacs (Previous Year 3 Lacs)
marked as Margin for Letter of Credit.
1. Segment Reporting
As per the definition of Reportable Segment in accordance with
Accounting Standard-17 Segment Reporting issued by the Institute of
Chartered Accountants of India, the Company has only one reportable
segment i.e. Chemicals, hence separate disclosure for segment
reporting is not applicable to the Company.
2. Contingent Liabilities and Commitments Commitments
- Estimated amount net of advance payments for contract remaining to be
executed on capital account and not provided for is Rs.2,68,12,391/-
(Previous year Rs.38,82,411/-)
- Disputed Income Tax demand of Rs.3,38,980/-.
3. Previous years figures
In view of revision to the Schedule VI issued by Ministry of Corporate
Affairs(MCA), the financial statements for the financial year ended
31st March,2012 have been prepared as per the requirements of the
Revised Schedule VI.The previous year figures have been accordingly
regrouped / re-classified to confirm to the current year''s