BSE: 531395ISIN: INE448D01017INDUSTRY: Textiles - Spinning - Cotton Blended
The Company has only one class of equity shares having a par value of Rs 10 per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends in Indian Rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders In the ensuing Annual General Meeting. During the year ended 31 March 2015, the amount of per share dividend recognized as distribution to equity shareholders was Rs 0/- (Previous Year Rs 07-). in the event of liquidation of the Company, the holders of equity shares will be emitted to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.
NOTE 1. SEGMENT INFORMATION:
The Company has Identified two reportable segmenis viz. consultation and whole sale trading. Segmenis have been identified and reported taking into account nature or product! and services, the deferring risks and returns and the internal business reporting systems. The accounting policies adopted are In line with the accounting policy of the company with following polders for segment reporting
a) Revenue and Expenses have been Identified to a segment on the basis of relationship to operating activities on the segment. Revenues and Expenses which relate to enterprise as a whole and are not allocable to a segment on reasonable basis have been disclosed as Un allocable"
b) Segment Assets and Segment Liabilities represent Assets and Abilities In respective segments. Investments, tax related assets and other assets and Abilities that cannot be allocated to a segment on reasonable basis have been disclosed as un allocable