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Moneycontrol.com India | Notes to Account > Finance - Investments > Notes to Account from Titan Trading and Agencies - BSE: 504353, NSE: N.A
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Titan Trading and Agencies

BSE: 504353|ISIN: INE353F01014|SECTOR: Finance - Investments
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Titan Trading and Agencies is not traded in the last 30 days
Titan Trading and Agencies is not listed on NSE
Mar 12
Notes to Accounts Year End : Mar '13
1.  Previous year''s figures have been regrouped and / or rearranged and
 / or reclassified wherever necessary to make them comparable with
 current year''s figures.
 
 2.  Other information as required by Schedule VI, Part II of the
 Companies Act, 1956, relating to employees, exports, expenditure in
 foreign currencies, amount remitted in foreign currencies and earning
 in foreign currencies, quantitative details are not given as the same
 are not applicable.
 
 3.  Taxation:
 
 In view of uncertainty of future setoff against business losses, the
 management has decided not to provide for Deferred Tax Asset on
 business gains against business losses.
 
 4.  The Company has a single segment namely Trading. Therefore the
 Company''s business does not fall under different business segments as
 defined by AS-17 - Segmental Reporting issued by ICAI.
 
 5.  Prvious years figures
 
 The year ended March 31, 2011 the company was using pre revised
 Schedule VI of the Companies Act 1956, for preparation and presentation
 of its financial statements. During the year ended March 31, 2012, the
 revised Schedule VI notified under the Companies Act, 1956, has become
 applicable to the company. The company has reclassified previous year
 figures to confirm to this years classification. The adoption of
 revised Schedule VI does not impact recognition and measurement
 priciples followed for preparation of financial statements. However it
 significantly impacts presentation and disclosures made in the
 financial statements, particularly presentation of balance sheet
 
 6.  Information on related party transactions as required by Accounting
 Standard -18 For the year ended 31*'' March, 2013
 
 i.  Subsidiary Company : Trivikram Investments & Trading Company
 Limited
 
 ii.  Person/s having controlling interest: Shri Atul Choksey,
 
 iii.  Relative of Person/s having controlling interest: Smt. Parul
 Choksey, Shri Abhiraj Choksey, Smt.
 
 Biyash Abhiraj Choksey, Mrs. Devanshi Jalan, Smt. Rita Ashok Parekh,
 Shri Girish Choksey &
 
 Shri Amit Choksey iv.  Directors : Shri Jaykumar Chhowala, Shri Nishith
 Parikh Smt. Parul Choksey , shri Abhiraj
 
 Choksey v.  Companies over which the Directors have significant
 influence or control:
 
 Titan Trading & Agencies Limited
 
 Apco Enterprises Limited, Apcotex Industries Limited, Dhumraketu
 Investments & Trading Company Private Limited, Laxmanjhula Trading &
 Investments Private Limited, Propycon Trading & Investments Private
 Limited, Saldhar Investments & Trading Company Limited, Shyamal Finvest
 (India) Limited, Standard Chartered Asset Management Company Private
 Limited, Priyam Investment Consultants Limited, Nurture Finance
 Limited, Belt Trading & Investments Private Limited, Dhumravama Trading
 & Investments Private Limited, Aquamarine Trading & Investments Private
 Limited, Bhuvantray Investments & Trading Company Private Limited,
 Choksey Chemicals Private Limited, Cybele Paradise Pvt. Ltd.,
 Gauriputra Investments & Trading Company Private Limited, Hindustan
 Mineral Products Company Limited, Joshimath Trading & Investments
 Private Limited, Aeonian Investments Company Limited, Abhiraj Trading &
 Investments Private Limited, Amisha Credit & Capital Private Limited,
 Balasesh Leafin Limited, Cons Holdings Limited, HMP Minerals Private
 Limited, Mazda Colours Limited, Sammelan Investment & Trading Limited,
 Forest Hills Trading & Investments Private Limited, Haridwar Trading &
 Investments Private Limited, Sunshield Chemicals Ltd. Samuel Dracup &
 Sons Private Limited.
 
 Trading & Investments Private Limited, Sunshield Chemicals Ltd. Samuel
 Dracup & Sons Private Limited.
 
 vi.  Key Management Personnel: Shri Atul Choksey, Smt. Parul Choksey,
 Shri Abhiraj Choksey.
Source : Dion Global Solutions Limited
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