Pratiksha Chemicals Ltd.
You can view the entire text of Notes to accounts of the company for the latest year
ISIN No INE530D01012 52Wk High (Rs.) 9 BV (Rs.) 5.26 FV (Rs.) 10.00
Bookclosure 27/09/2018 52Wk Low (Rs.) 4 EPS (Rs.) 0.05 P/E (X) 176.47
Mkt Cap. (Rs. Cr.) 5.01 P/BV (X) 1.71 Div Yield (%) 0.00 Mkt Lot 1
2014-03 A. Terms / Rights attached to Equity Shares

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 31st March 2013, no dividend is declared by Board of Directors. (Previous year - Nil)

b. Shares reserved for issue under options: NIL

c. Aggregate number of bonus shares issued, shares issued for consideration other than cash and shares brought back during the period of five years immediately preceding the reporting date: NIL

d. Securities convertible into equity / preference shares issued along with the earliest date of conversion: NIL

e. Forfeited Shares : NIL

Indian rupee unsecured loan from Directors, Shareholders and their relatives carries interest @ 9 % p.a.as on the reporting date. Repayment Schedule of Unsecured Loan is not specified.

NOTE ; 2 ADDITIONAL IMQTFS -- 1. Contingent Liabilities and Capital Commitments: Rs. NIL (P.Y. NIL)

2. Deferred Tax Liability/Assets are not created in absence of virtual certainty.

3. No Provision for income tax is considered necessary in view of carry forward losses and unabsorbed deprecation under the Income Tax Act 1961.

4- RELATED PARTY DISCLOUSRE

(a) List of related parties with whom transactions have taken place during the year:

Name of related party                          Relationship
Jayesh K. Patel

Harish K. Bhatt                             Key Management Personnel
Harshad K. Patel

Asthu H. Patel

Dwijen H. Bhatt

Ratnakalaben H Patel                            Relatives of key 
                                               Management personel
Surbhi ben H Bhatt Harshad K Patel (HUF)

Harish K Bhatt ( HUF)

Dhara Organisers Pvt. Ltd.

H. K. Builders

                                                 Concerns in which 
                                              Directors are interested
J. K. Patel & Co.

There is no change in the number of equity shares during the period.

5. The company is entitled to setoff of carried forwarded losses and unabsorbed depreciation against the future taxable income under the Income-tax Act. However, as a matter of prudence, company is not recognizing the deffered tax assets as provided by Accounting Standard 22 - accounting for taxes on income.

6. Auditors' Remuneration is made up of:

7. Director's Remuneration:

a. The Company has been advised that the computation of net profits for the purpose of Directors' remuneration under section 349 of the Companies Act, 1956 need not be enumerated since no commission has been paid to the Directors. In view of the inadequate profit, fixed monthly remuneration has been paid to the Directors as per Schedule-XIII to the Companies Act, 1956.

b. Directors Remuneration is made up of: