Note 6.1
Cash credit and Overdraft accounts are Secured against Hypothecation of Inventory and Receivables and charge on commercial and personal properties of the Directors and further guaranteed by all the directors. The loan carries interest @ RLLR plus 1.50% P.a. plus 0.50% p.a.
1. Current ratio increased by 32.66% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in current assets
NOTE 1.17. DISCLOSURE OF TRANSACTIONS WITH STRUCK OFF COMPANIES
The Company did not have any material transactions with companies struck off under Section 248 of the Companies Act, 2013 or Section 560 of Companies Act, 1956 during the financial year.
during the year ended 31.03.2025
2. Debt Equity ratio decreased by 53.72% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to decrease in Debt during the year ended 31.03.2025
3. Inventory Turnover ratio increased by 71.56% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in COGS during the year ended 31.03.2025
4. Trade Payable turnover ratio increased by 46.02% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to decrease in Trade Payable during the year ended 31.03.2025
5. Return on Investment decreased by 94.77% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to less increase in Market Value at end as on 31.03.2025.
NOTE 1.16.
No transactions to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:
a) Crypto Currency or Virtual Currency
1. The Company undertakes the following activities in the nature of Corporate social responsibility (CSR) :
a. Education to children and essential vocational skill training that enhance employment or special education among women, elderly and the differently-abled persons.
b. Promotion of animal welfare and ensure ethical treatment and protection of animals in society.
c. Eradicating poverty, hunger and malnutrition, promoting health care which includes sanitation and preventinve health care.
b) Benami Property held under Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder
c) Registration of charges or satisfaction with Registrar of Companies
d) Relating to borrowed funds
i) Wilful defaulter
ii) Utilisation of borrowed funds & share premium
iii) Borrowings obtained on the basis of security of current assets
iv) Discrepancy in utilisation of borrowings
v) Current maturity of long term borrowings”
e) There are no layer of companies, hence no disclosures are required.
f) There is no scheme of arrangement approved in terms of section 230 to 237 of Companies Act, 2013.
g) There are no loans and advances in the nature of loans that are granted to promoters, directors, KMP's and other
related parties either severally or jointly with anyother person that are repayable on demand.
h) The company does not have any transaction not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the income tax assessments under the Income tax Act, 1961.
i) The company has not advanced or loaned or invested funds to anyother person(s) or entity(ies), including foreign
entities (intermediaries) with the understanding that the intermediaries shall:
(i) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (ultimate beneficiery) or
(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate beneficieries”
j) The company has not received from any person(s) or entity(ies), including (funding party) with the understanding that the company shall:
(i) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on
behalf of the company (ultimate beneficiery) or
(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate beneficieries”
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