The company is incorporated on 26th April, 2005 at Calcutta, West Bengal, India. It is a Public limited company by its shares. The company operates in Capital & Commodity Market. The activities of the company include broking, trading, investing in shares & other securities, Commodities and other related activities of capital market.

Note 2

The Company has initiated legal proceeding against National Spot Exchange Limited through BSE Brokers' Forum and is also a member of National Spot Exchange Investor Forum. The total amount receivable from National Spot Exchange Limited on account of settlement dues in Rs.1605.49 Lacs which includes both Client Fund and Self Fund.

Note 3

The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosure, if any, relating to amount unpaid as at the year end together with interest paid/payable as required under the said act, have not been given.

Note. 4

In accordance with the requirement under the Accounting Standard - 22 "Accounting for taxes on Income" the company has accounted for deferred Tax during the year. Consequently the net deferred tax asset of Rs. 130,416/- during the year arising due to timing difference in depreciation & related items has been credited to Profit & Loss account.

Note. 5

There are no impairment of Assets, as the management is of the opinion that the carrying value of assets is more than the realizable value as on 31st March, 2015.

Note. 6

Related Party Disclosure: Directors are key Management Personnel of the Company Directors of the company

1) Inder Chand Baid

2) Manish Baid

3) Samir Baid

Other Related Entities

1) GCM Securities Limited

2) Global Capital Market & Infrastructures Ltd.

3) Chello Comotrade Ltd.

4) Cadillac Vanijya Pvt. Ltd,

5) Silver pearl Hospitality & Luxury Spaces Ltd.

6) GCM Capital Advisors Ltd.

Details of Remuneration to Directors : (Samir Baid Rs. 1.50 Lac & Amrita Baid Rs. 1.50 Lac)

Amount Paid to relative of director : Nil

Note 7 Segment reporting

The company operates in Trading activity of Commodity and Shares which is only identifiable reporting segment under AS-17 Segment Reporting issued by the Institute of Chartered Accountants of India.

Note. 8

Events Occurring after Balance Sheet Date

No significant events which could effect the financial position as on March 31, 2015, to a material extent have been reported by the management, after the balance sheet date till the signing of the report.

Note. 9

Details of Loans given, Investments made, guarantees given covered under section 186(4) of The Companies Act, 2013

Investments made are disclosed with respective notes, further no loans and guarantee has been given by the Company.

Note. 10

Previous year's figures have been re-arranged and re-grouped wherever considered necessary.