1. Basis of preparation of Financial Statement

The Financial Statements of the company have been prepared in accordance with generally accepted accounting principles in India (Indian GAAP). The company has prepared these Financial Statements to comply in all material respect with the accounting standards notified under the Companies (Accounting standards) Rule, 2006, (as amended) and the relevant provision of the companies Act, 2013.The Financial Statements have been prepared on the accrual basis and under the historical cost convention.

a. Terms and rights attached to equity shares

The company has issued only one class of equity share having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to vote per share. The company declares and pays dividend if any, in Indian Rupees. The dividend proposed by the Board of Directors is subject to approval of the shareholders in the ensuing Annual General Meeting.

In the event of liquidation of the company, the holders of equity shares will b e entitiled to receive remaining assets of the company, after distribution of all the preferential amount. The distribution will be in proportion to the number of equity shares held by the shareholder.

2. There is no Micro, Small and Medium Enterprises as defined under Micro, Small & Medium Enterprises Development Act, 2006 to which Company owes dues which are outstanding for a period more than 45 days as on Balance Sheet Date.

The above information regarding Micro, Small and Medium Enterprises has been determined on the basis of information availed with the Company and has been duly relied by the auditors of the Company

3. Related party disclosures/ transactions

(a) Related Parties Covered: -

4. Segment Information:

(a) The Company has identified two reportable segments viz., trading in shares and securities and advancing of loans after taking into account the nature of product and services and the differing risk and returns on such products and services. The accounting policies adopted for segment reporting are in line with the accounting policy of the company with following additional policies for segment reporting: -

(i) Revenue and expenses have been identified to a segment on the basis of relation to operating activities of the segment. Revenue and Expenses relates to enterprise as a whole and are not allocable to a segment on reasonable basis have been disclosed as “Un-allocable”.

(ii) Segment Assets and Segment Liabilities represent Assets and Liabilities in respective segments. Assets and liabilities that cannot be allocated to a segment on reasonable basis have been disclosed as “Un-allocable”.

Primary Segment information: -

(b) The Reportable segment of “Trading in Share and Securities” includes trading in Quoted Equity Shares, Mutual Funds, Bonds, Futures and Options Contracts.

(c) Secondary Segment information: -

The Company does not have secondary segment division in respect of reportable segments.

5. In the opinion of the management, the current assets, loans and advances have a realizable value in the ordinary course of business is not less than the amount at which they are stated in the Balance Sheet.

6. Balance shown under head Sundry Debtors, Creditors, Loans and Advances are subject to confirmation.

7. Break-up of Payments made to Directors is disclosed as under:-

8. Break-up of Payments made to Statutory Auditors (including Service Tax) is disclosed as under:-

9. Previous year’s Figures have been re- arranged or re- grouped wherever considered necessary.

10. The Company did not have any long term contracts including derivative contracts for which there were any material foreseeable losses.

11. There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company.

12. The financial statements were approved for issue by the Board of Directors on 30th May, 2018.

13. Figures have been rounded off to the nearest rupees.

14. Figures in brackets indicate negative (-) figures.