Get App
Moneycontrol

Co-Partners

Associate Partners

SENSEX NIFTY
Moneycontrol.com India | Notes to Account > Trading > Notes to Account from Ambica Agar - BSE: 532335, NSE: AMBICAAGAR
YOU ARE HERE > MONEYCONTROL > MARKETS > TRADING > NOTES TO ACCOUNTS - Ambica Agar

Ambica Agar

BSE: 532335|NSE: AMBICAAGAR|ISIN: INE792B01012|SECTOR: Trading
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
Ambica Agar is not traded in the last 30 days
Ambica Agar is not traded in the last 30 days
Mar 12
Notes to Accounts Year End : Mar '13
1.  Sundry debtors and creditors are subject to confrmations.
 
 2.  a) Construction Work at Vizag:
 
 The Company has entered into a License agreement with APSRTC for
 construction of Commercial Complex at Dwarakanagar Bus Station, Vizag
 on BOT basis for 30 years. The company has entered into an agreement
 with M/s. Trinethra Infra Ventures Ltd., (TIVL), Hyderabad for
 construction of the said Commercial Complex and the value of works
 completed as on 31-03-2013 was Rs. 567.26 Lakhs.
 
 (b) Construction Work at Vijayawada:
 
 The Company has entered into a License agreement with APSRTC for
 construction of Commercial Complex at Old Bus stand, Vijayawada on BOT
 basis for 30 years. However, the Municipal Corporation of Vijayawada
 did not accord its permission for the construction of commercial
 complex at the allotted premises on the ground that the premises comes
 under Transport Zone but not of Commercial Zone. The company has
 already requested the said local authority to convert the premises into
 Commercial Zone from Transport Zone. Aggrieved by the decision of the
 Municipal Corporation Vijayawada, the company fled a Writ Petition vide
 W.P No. 14449/09 before the Honourable High Court of Andhra Pradesh
 which is pending for disposal. Keeping the dispute in view the company
 is not paying the License fees to be payable as per the BOT agreement
 with the APSRTC. However, the company is regular in making the required
 provisions in the books of account.
 
 3.  Investment in Vaibhav Skyscapes Ltd.,
 
 During the Financial year 2008-09, the company has transferred all its
 interest and investments in M/s. Vaibhav Skyscapes Pvt. Ltd., to
 Vaibhav Empire Pvt. Ltd., and the formalities for the registration of
 the same are still pending.
 
 4.  Hotel and Other Division:
 
 The requirement regarding furnishing of quantitative details is not
 required to Hotel Division and Other Divisions, since they belong to
 service industry.
 
 5.  Previous years''s fgures have been regrouped/reclassifed wherever
 necessary to confrm to the current year''s classifcation.
Source : Dion Global Solutions Limited
Quick Links for ambicaagar
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.