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NOTES TO ACCOUNTS

Bhatia Colour Chem Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 37.79 Cr. P/BV 0.39 Book Value (₹) 67.89
52 Week High/Low (₹) 430/22 FV/ML 10/400 P/E(X) 9.05
Bookclosure 27/08/2024 EPS (₹) 2.95 Div Yield (%) 0.00
Year End :2026-03 

19 Provisions. Contingent Liabilities and Contingent Assets

The Company claims to have no Contingent liability and hence, it is not provided for in the books of accounts. Contingent assets are only
discolsed when it is probable that the economic benefits will flow to the company.

20 Previous year's figures have been regrouped/reclassified wherever necessary to correspond with the current year's classification/disclosure.

21 Other Information

The various other information as required under Schedule III of the Companies Act, 2013 are as follows:-

22 Additional Regulatory Information:

(i) The company does not have any immovable property whose title deeds are not in the name of the company.

(ii) The Company has not revalued any of its Property, Plant and Equipments.

(iii) Company has not given any Loans or Advances in the nature of loans to its promoters, directors, key managerial personnel or related parties.

(iv) CWIP Ageing Schedule

In absence of any Capital Work In Progress such details are not applicable.

(v) There is no intangible asset under development as at the year-end.

(vi) No proceedings have been initiated or pending against the company for holding any benami property under the Benami Transactions
(Prohibition) Act, 1988 (45 of 1988) (as amended in 2016) and the rules made thereunder.

(vii) The quarterly statements of current assets filed by the Company with Bank for its borrowings are in agreement with the books of accounts
and there are no material discrepancies therein.

(viii) The Company has not been declared wilful defaulter by any bank or financial institution or other lender or government or any government
authority.

(ix) The Company does not have any transactions with companies struck off u/s. 248 of the Companies Act, 2013 or u/s. 560 of the Companies
Act, 1956.

(x) The company does not have any charges or satisfaction which is pending to be registered with Registrar of Companies beyond the statutory
period.

(xi) The company does not have any subsidiary and hence, there is no violation with regard to the number of layers prescribed u/s. 2(87) of the
Act r.w. Companies (Restriction on number of Layers) Rules, 2017.

(i) Debt Equity Ratio

The debt equity ratio has declined substantially in the current year, since on one hand, as at the current yearend the company
has not utilised its cash credit facility with the State Bank of India and having balance to its credit of? 2.45 Crores as reflected
in the 'Cash & Cash Equivalents' as against the cash credit facilities duly utilised to the extent of ? 13.64 Crores as at the
preceding yearend and further, the company has also fully repaid its unsecured loans aggregating to ? 5.00 Crores in the
current year, which has resulted into sharp reduction of total debts as at the current yearend as compared to the preceding
yearend, whereas, on the other hand, there has been a substantial increase in the shareholder's funds on account of
conversion of 19,05,597 share warrants into equity shares of? 10 each at a premium of? 124 per share, which has resulted
into substantial increase in the shareholder's funds as at the current yearend, which has resulted into substantial declined in
the debt equity ratio of the current year as compared to the preceding year.

23 No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

24 Utilisation of Borrowed funds, share premium or any other source or kind of fund:

(A) Company has not advanced or loaned or invested any funds to any person(s) or entity(ies) including foreign entities (Intermediaries) with
the understanding that the Intermediary 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 beneficieries) or

(ii) provide any guarantee, security or the like to or on behalf of the Untimate Beneficiaries.

(B) Company has not received any funds from any person(s) or entity(ies) including foreign entities (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 whatsoevr by or on behalf of the Funding Party
(Ultimate beneficieries) or

(ii) provide any guarantee, security or the like to or on behalf of the Untimate Beneficiaries.

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