| Additional information pursuant to the provisions of paragraph 3 & 4
[c] [d] of part II of schedule VI of the Companies Act, 1956.
1. LICENCED AND INSTALLED CAPACITY
a. Licensed Capacity Tablet, Syrup, Powder, Awaleha etc.
b. Installed capacity Tablet 2050 lacs Nos.
Liquid 41 lacs bottles
Pills 27.50 lacs Nos.
Awaleha 280 Tones
Kwach 40 Tones .
Capsules 60 lacs Nos.
2. PARTICULARS OF OPENING & CLOSING STOCK & SALES
Opening stock Rs. 13215650.00
Closing stock Rs. 14131239.00
Sales incl. Other Receipts Rs. 44562156.00
Note: Since the number of items of raw materials and finished goods are
more than one thousand, hence quantitative details are not given. .
3. DETAILS OF RAW MATERIAL CONSUMPTION
As the number of raw materials are more than one thousand and none of
them amount to reasonable parts of total consumption, no item wise
details of raw material consumption in quantity has been given.
4 TOTAL MANAGERIAL REMUNERATION PAID/PAYABLE DURING THE YEAR
a. Managing Director Rs. 480000/-
b. Director Rs. 180000/-
5. A interest free Long Term loan of Rs. 2800000- is outstanding
during the financial year 2014-2015.
6. The branch office of the company is situated at Muzaffamagar, UP.
7. Confirmation of balances of few parties appearing under the heads
current liabilities, current assets, capital work in progress and loans
& advances are still awaited.
8. Particular of Auditors remuneration -
Audit Fee Rs. 60000/-
9. Sundry Debtors / Creditors includes various amounts which are more
than 6 months old and no confirmation of the outstanding amount are
available. Figures has been taken in such heads as per the confirmation
of the management of the co.
10. There are previous losses in the company, however the company has
profit during the year on which Income Fax has to be deposited as per
the computation of Income Tax.
11. As informed to us by the management no balances are outstanding
for more than 45 days at the Balance Sheet date to the suppliers
registered themselves under the micro, Small and Medium Enterprises
Development (MSMED) Act, 2006.
12. EARNING PER SHARE
Basic earnings per share is calculated by dividing the net profit for
the year attributable to equity shareholders by the numbers of equity
shares outstanding during the year.
13. BUSINESS INFORMATION
Based on the analysis of the company's internal organization and
management structure, the management of the company has classified its
business activities as Manufacturing & processing of Ayurvedic,
Medicines Ayurvedic com posit drug kits, dye kits & CHW kits". The
company has not done manufacturing on job' work basis during this year
under audit.
14. DEFERRED TAX LIABILITY
Difference of Depreciation as per the Companies Act & as per I. Tax
Act, has been add back in the net profit of the company and then Tax
has been calculated.
15. EXPENDITURES ON EMPLOYEE
Break up of expenditure incurred on employees who were employed
throughout financial year and were in receipt of remuneration
aggregating to net less than Rs 60,00,000/- per annum or if employed,
for a part of financial year were, in receipts of remuneration
aggregating to net less than Rs. 500,000/- per month.
16. The company has taken Cash Credit Limit & availed Rs. 75.09 lacs
from Punjab National Bank, Civil Lines, Roorkee against the
hypothecation of all type of stocks and personal guarantee of the
Directors.
17. Notes 1 to 18 form integral part of Balance Sheet and Profit &
Loss account and have been duly annexed.
18. Previous year figures have been regrouped / reclassified wherever
necessary to correspond with the current year's classification /
disclosure.
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