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Mayur Uniquoters Ltd.

BSE: 522249 | NSE: MAYURUNIQ |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE040D01038 | SECTOR: Plastics

BSE Live

Dec 07, 13:17
505.90 4.95 (0.99%)
Volume
AVERAGE VOLUME
5-Day
8,574
10-Day
6,648
30-Day
7,501
641
  • Prev. Close

    500.95

  • Open Price

    509.70

  • Bid Price (Qty.)

    506.10 (1)

  • Offer Price (Qty.)

    506.60 (1)

NSE Live

Dec 07, 13:17
506.50 4.45 (0.89%)
Volume
AVERAGE VOLUME
5-Day
106,613
10-Day
99,721
30-Day
76,513
16,463
  • Prev. Close

    502.05

  • Open Price

    504.60

  • Bid Price (Qty.)

    506.25 (1)

  • Offer Price (Qty.)

    506.50 (18)

Annual Report

For Year :
2018 2017 2016 2015 2013 2012 2011 2010 2008

Auditor's Report

We have audited the attached Balance Sheet of MAYUR UNIQUOTERS LIMITED, JAIPUR, as at 31st March, 2007, the Profit and Loss Account and also the Cash Flow Statement for the year ended on that date annexed thereto. These financial statements are the responsibility of the Companys management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in India. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. 1. As required by the Companies (Auditors Report) Order, 2003 issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Companies Act, 1956, we enclose in the Annexure a statement on the matters specified in paragraphs 4 and 5 of the said Order. 2. Further to our comments in the Annexure referred to above, we report that: (i) We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purposes of our audit; (ii) In our opinion, proper books of account as required by law have been kept by the company so far as appears from our examination of those books. (iii) The Balance Sheet, Profit and Loss Account and Cash Flow Statement dealt with by this report are in agreement with the books of account. (iv) In our opinion, the Balance Sheet, Profit and Loss Account and Cash Flow Statement dealt with by this report comply with the Accounting Standards referred to in sub-section (3C) of section 211 of the Companies Act, 1956,except otherwise stated. (v) On the basis of written representations received from the directors, as on 31st March, 2007, and taken on record by the Board of directors, we report that none of the directors is disqualified as on 31st March, 2007 from being appointed as a director in terms of clause (g) of sub-section (1) of section 274 of the Companies Act, 1956; (vi) (n our opinion and to the best of our information and according to the explanations given to us, the said accounts give the information required by the Companies Act, 1956, in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India: (a) in the case of the Balance Sheet, of the state of affair of the Company as at 31st March, 2007; (b) in the case of the Profit and Loss Account, of the Profit for the year ended on that date; and (c) in the case of Cash Flow Statement, of the Cash Flows for the year ended on that date. For MADHUKARGARG& COMPANY CHARTERED ACCOUNTANTS PLACE : JAIPUR DATED: 30th June, 2007 Sd/- (MANISH SURI) PARTNER M. No. 74998 ANNEXURE REFERRED TO IN PARAGRAPH 3 OF AUDITORS REPORT OF EVEN DATE TO THE MEMBERS OF MAYUR UNIQUOTERS LIMITED. ON THE ACCOUNTS FOR THE YEAR ENDED MARCH 31, 2007 1. (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets. (b) Fixed Assets have been physically verified by the management during the year at reasonable intervals. No material discrepancies were noticed on such verification. (c) Substantial part of fixed assets have not been disposed off during the year. 2. (a) The inventory of the Company, has been physically verified by the Management during the year. In our opinion, the frequency of verification is reasonable. (b) In our opinion, the procedures of. physical verification of Inventory followed by the Management are reasonable and adequate in relation to the size of the Company and nature of its business. (c) The Company has maintained proper records of inventory and the discrepancies noticed between the physical stocks and the book record were not material, 3. (a) The Company has not granted any loans unsecured or secured to companies, firms or other parties covered in the register maintained under section 301 of Companies Act, 1956. Hence requirement of clause 3(b), 3(c) and 3(d) is not applicable. (e) The Company has not taken any loans unsecured or secured loans from Companies, Firm or other parties covered in the register maintained under section 301 of the Act. Hence requirement of clause 3(f) and 3(g) is not applicable. 4. There is adequate internal control system commensurate with the size of the Company and the nature of its business with regard to the purchases of inventories, fixed asset and for the sale of goods. We have not observed any continuing failure to correct major weaknesses in internal control system. 5. (a) According to the information and explanations given to us, we are of the opinion that the transactions that need tobe entered into the register maintained under section 301 of the Companies Act, 1956 have been so entered. (b) In our opinion and according to the information and explanations given to us, the transactions made in pursuance of contracts or arrangements entered in the register maintained under section 301 of the Companies Act, 1956 and exceeding thevalueof rupees five lakhs in respect of any party during the year have been made at prices which are reasonable having regard to prevailing market prices at the relevant time. 6. As informed to us, the Company has not accepted any deposits under the provisions of Section 58A and 58AA of the Act and the rules framed there under. 7. In our opinion, the companys present internal audit system is commensurate with its size and nature of its business. 8. As informed to us, maintenance of cost records has not been prescribed by the Central Government Under Section 209(1)(d)of the Companies Act, 1956, for the products of the Company. 9. (a) According to the books and records as produced and examined by us in accordance with generally accepted auditing practices in India and also based on Management representations, undisputed statutory dues including Provident Fund, Employees State Insurance dues, Investor Education and Protection Fund, Income Tax, Sales Tax, Wealth Tax, Service Tax, Custom duty, Excise duty, Cess and other material statutory dues have generally been regularly deposited, by the Company during the yearwith the appropriate authorities in India. (b) As at March 31, 2007, there have been no disputed dues which have not been deposited with the respective authorities in respect of Income Tax, Wealth Tax, Sales Tax, Service Tax Custom Tax, Excise Duty and Cess. 10. The Company has neither accumulated losses as at March 31, 2007, nor it has incurred any cash loss either during the financial year ended on that date or in the immediately preceding financial year. 11. In our opinion and according to the information and explanations given to us, the Company has not defaulted in repayment of its dues to any financial institution or bank or to debenture holders during the year. 12. The Company has not granted any loans or advances on the basis of security by way of pledge of `shares, debentures, and other securities. 13. Considering the nature of activities carried on by the Company during the year, the provisions of any special statute applicable to chit fund/nidhi/mutual benefit fund/societies are not applicable to it. 14. The Company has not dealt or traded in shares, securities, debentures or other investments during the year. 15. The Company has not given guarantees for loans taken by others from banks or financial institutions. 16. The Company has not taken any term loan during the year. 17. On the basis of review of utilization of funds which is based on overall examination of the balance sheet of the company, related information as made available to us and as represented to us by the Management, funds raised on short term basis have not been used for long term investment. 18. The Company has not made preferential allotment of shares to parties Companies covered in the register maintained under Section 301 of the Act during the year. 19. The Company has not issued any debentures during the year. 20. The Company has not raised any money by public issue during the year. 21. As per the information and explanations given to us and on the basis of examination of records, no fraud on or by the Company was noticed or reported during the year. For MADHUKAR GARG & COMPANY CHARTERED ACCOUNTANTS Sd/- (MANISH SURI) PARTNER M. No.74998 PLACE : JAIPUR DATED : 30th June, 2007