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You can view the entire text of Notes to accounts of the company for the latest year

BSE: 531281ISIN: INE807H01023INDUSTRY: Granites/Marbles

BSE   ` 18.28   Open: 18.50   Today's Range 17.60
18.75
+0.09 (+ 0.49 %) Prev Close: 18.19 52 Week Range 12.01
22.00
Year End :2015-03 
1. Income Tax assessment has been completed up to assessment year 2013-14. Sales Tax assessment has been completed up to assessment year 2010-11

2. In the opinion of the management, all the Current Assets, Loan and Advances have a value at which they are stated in the Balance Sheet, if realized in the ordinary course of the business and the provision for all known liabilities are adequate and are not in excess of the amount payable.

3. The Board of Directors has considered, approved and recommended a Final Dividend of Rs, 0.50 per equity share amounting to Rs, 23,12,110 excluding Dividend Distribution Tax of Rs, 4,62,283 subject to the approval of Annual General Meeting of the Company.

4. The Company has been sanctioned Buyers Credit Limit of Rs, 500.00 Lacs by Vijaya Bank, Defense Colony, Delhi and same has not been utilized/availed till 31st March 2015.

5. The accounts of sundry Debtors/Creditors and advances are subjected to confirmation from parties.

6. Previous year figures have been re-arranged/re-grouped wherever necessary.

7. Notes No's 1 to 35 form an integral part of Balance Sheet and Statement of Profit and Loss Account.