a) Detailed note on the terms of the rights, preferences and
restrictions relating to each class of shares including restrictions on
the distribution of dividends and repayment of Capital.
i) The Company has only one class of Equity Shares having a par value
of Rs. 10/- per share. Each holder of Equity Share is entitled to one
vote per share.
ii) 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 preferential amounts. The distribution will
be in proportion to the number of Equity shares held by the
b) Detailed note on shares reserved to be issued under options and
contracts / commitment for the sale of shares / divestments including
the terms and conditions. The company does not have any such contract
/ commitment as on reporting date.
c) Detailed terms of any securities convertible into shares, e.g. in
the case of convertible warrants, debentures, bonds etc.
The company does not have any securities convertible into shares as on
1 SEGMENT REPORTING
The company is mainly engaged in the business of trading activities.
All the activities of the company revolve around the main business, and
as such, in the opinion of the management, there are no separate
2 AMOUNT DUE TO MICRO SMALL AND MEDIUM ENTERPRISES:
Under the Micro, Small and Medium Enterprises Development Act, 2006
certain disclosures are required to be made related to micro, small and
medium enterprise. The company does not have any transactions with such
3 In view of the revision to the Schedule VI as per notification
issued by the Central Government, the financial statements for the year
ended 31st March 2012 have been prepared as per the requirement of the
Revised Schedule VI of the Companies Act, 1956. The previous year''s
figures have been accordingly regrouped/reclassified to conform to the
current year''s classification