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Shradha Infraprojects Ltd. Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) 167.56 Cr. P/BV 2.28 Book Value (Rs.) 36.35
52 Week High/Low (Rs.) 88/41 FV/ML 5/1 P/E(X) 11.81
Bookclosure 22/07/2023 EPS (Rs.) 7.01 Div Yield (%) 1.36
Year End :2018-03 

1) As per the special resolution passed in the Extra Ordinary General Meeting held 26th June 2017, the Company has consolidated the, Equity Shares of face value of Rs. 1 each to Equity Share of Rs. 10 each.

2) As per the special resolution passed in the Extra Ordinary General Meeting of Members held on 21st August 2017, During the year the Company has increased Authorized Share Capital from Rs. 1,10,00,000 to Rs. 11,00,00,000 divided into 1,10,00,000 equity shares of Rs. 10 each.

3) As per the special resolution passed in the Extra Ordinary General Meeting held on 21 st August 2017 , the Company has issued bonus shares on 24 th August, 2017 of 72,21,700 shares of face value Rs. 10 each in the ratio of 25:1.

4) Company has issued 21,32,000 Equity Shares of Face Value of Rs. 10 each amounting to Rs 2,13,20,000 on 06.12.17 (issue date) through Initial Public Offer. The company got listed on the SME Platform of the National Stock Exchange with effect from December 11, 2017.

Rights, restrictions and preferences attached to equity shares

Each shareholder of equity shares is entitled to one vote per share. In the event of liquidation of the company, the holders of equity shares will be entitled 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.

11) In the opinion of the Board and to the best of their knowledge and belief, the value on realization of loans, advances and current assets in the ordinary course of business will not be less than the amount at which they are stated in the Balance Sheet.

12) In accordance with Accounting Standard-17 - "Segment Reporting", there are no identifiable and reportable segments. And hence segment wise reporting is not given. The major and material activities of the company are restricted to only one geographical segment.

13) There are no present obligations requiring provisions in accordance with the guiding principles as enunciated in Accounting Standard (AS)-29 'Provisions, contingent liabilities & contingent assets.

14) Previous year's figures have been regrouped / re-arranged wherever necessary. Some of the balances are subject to confirmation.


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