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Kameshwari Industries

BSE: 531825|ISIN: INE335N01015|SECTOR: Cement - Mini
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Kameshwari Industries is not listed on NSE
Mar 14
Notes to Accounts Year End : Mar '15
1. Related Party Disclosures
 
 Related party disclosures as required under Accounting Standard (AS)-18
 Related Party Disclosures.
 
 2. The company is a Small and Medium-sized Company (SMC) as defined in
 the General Instructions in respect of Accounting Standards notified
 under the Companies Act, 1956. Accordingly, the company has complied
 with the Accounting Standards as applicable to a Small and Medium-sized
 Company.
 
 3. The company has not received any intimation from suppliers
 regarding their status under Micro Small and Medium Enterprises
 Development Act, 2006 and hence disclosures, if any, relating to
 amounts unpaid as at the year end together with interest paid/payable
 as required under the said Act have not been furnished.
 
 4. The figures of previous years have been recast/regrouped wherever
 necessary to make them comparable and for the purpose of our audit.
 
 5. Debit and credit balances standing in the name of the parties are
 subject to confirmation from them.
 
 Pursuant to reduction of unlisted share capital of the Company in
 terms of The Hon''ble Delhi High Court order dated 22.03.2012, the
 credits on account of reduction of capital have been adjusted against
 various Debit balances standing in the name of parties who were
 advanced these sums (which is the reason for objection from Bombay
 Stock Exchange) on deployment of fund received at the time of allotment
 of shares which are now cancelled.
Source : Dion Global Solutions Limited
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