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Maxvolt Energy Industries Ltd.

Notes to Accounts

NSE: MAXVOLTST ISIN: INE10A501018INDUSTRY: Auto Ancl - Batteries

NSE   Rs 229.75   Open: 241.80   Today's Range 229.75
242.00
-12.05 ( -5.24 %) Prev Close: 241.80 52 Week Range 145.05
274.80
You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) 250.52 Cr. P/BV 9.51 Book Value (Rs.) 24.16
52 Week High/Low (Rs.) 275/145 FV/ML 10/800 P/E(X) 24.76
Bookclosure EPS (Rs.) 9.28 Div Yield (%) 0.00
Year End :2024-03 

11. Provisions:

A provision is recognized when there exists a present obligation as a result of past events and it is probable that
an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable
estimate can be made of the amount of the obligation. Provisions are not discounted to present value and are
determined based on best estimates required to settle the obligation at the reporting date. These estimates are
reviewed at each reporting date and adjusted to reflect the current best estimates.

12. Cash and cash equivalent:

Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short
term deposits with banks with an original maturity of three months or less.

13. Contingent Liability

There is no contingent liability of the company during the year.

14. Related party Disclosure

As per Accounting Standard (AS-18) on related party disclosures issued by the Institute of Chartered
Accountants of India, the disclosure of transactions with the related party as defined in the accounting standard
is as follows: -

Notes on Accounts

1. As per information available with the management, there are no dues payable to Small Scale Industrial
Units and have also not received any claim for interest on delayed payments from suppliers under the
interest on delayed payments to Small and Ancillary Industrial Undertaking Act, 1993.

2. In the Opinion of the Board, all current assets, loans & advances have a value on realization in the
ordinary course of business at least equal to the amount at which it is stated.

3. Dividend proposed during the year- Nil.

4. The Balances of Parties are subject to confirmation.

5. Disclosure of loan liability from members of the company:

BY ORDER OF THE BOARD OF DIRECTORS

Djj^ctor ^^^j5irector

Vishal Gupta Bhuvneshwar Pal Singh

DIN-07842571 DIN-07645099

Place- Ghaziabad
Date- 02/09/2024

 
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Registered Office : 402, Nirmal Towers, Dwarakapuri Colony, Punjagutta, Hyderabad - 500082.
SEBI Registration No's: NSE / BSE / MCX : INZ000166638. Depository Participant: IN- DP-224-2016.
AMFI Registered Number - 29900 (ARN valid upto 24th July 2025) - AMFI-Registered Mutual Fund Distributor since June 2008.
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