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NOTES TO ACCOUNTS

Comrade Appliances Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 76.90 Cr. P/BV 4.48 Book Value (₹) 22.09
52 Week High/Low (₹) 174/81 FV/ML 10/1000 P/E(X) 146.46
Bookclosure 30/09/2024 EPS (₹) 0.68 Div Yield (%) 0.00
Year End :2024-03 

Note 35

Other Relevant Disclosures

Additional regulatory information required by Schedule III of Companies Act, 2013:

Balance of Debtors & Creditors & Loans & advances Taken & giving are subject to confirmation and subject to consequential adjustments, if any. Debtors & creditors balance has been shown separately and the advances received and paid from/to the parties is

A. shown as advance from customer and advance to suppliers.

The company has no transactions, which are not recorded in the books of accounts and which are surrendered or disclosed as income

B. during the year in the tax assessment or in search or survey or under any other relevant provision of the Income T ax Act, 1961.

C. The Company has not traded or invested in crypto currency or virtual currency for the year ended March 2024 and March 2023.

The Company do not had any transaction for the year ended March 2024 and March 2023 with the companies which are struck off under

D. section 248 of the Companies Act, 2013 or section 560 of the Companies Act, 1956.

The company has not been declared as willful defaulter by any bank or from any other lender for the year ended March 2024 and March

E. 2023.

The company has registered all the charges which are required to be registered under the terms of the loan and liabilities and submitted

F. Documents with ROC within the period as required by Companies Act, 2013.

As per the information & detail available on records and the disclosure given by the management, the company has complied with the number of layers prescribed under clause (87) of section 2 of the companies act read with the Companies (Restriction on number of

G. layers) Rules 2017.

loaned or invested to any other person or entity or foreign entitles with the understanding that the intermediary shall directly or indirectly

lend or invest in other person or entities identified in any manner whatsoever by or on behalf of the company or provided any guarantee, security or like to or on behalf of the company. Further the company has not received any funds from any person, entity including the foreign entity with the understanding that the company shall directly or indirectly lend, invest or guarantee, security or like manner on

H. behalf of the funding party.

Compliance with approved scheme(s) of arrangements: The Company has not entered into any scheme of arrangement which has an

I. accounting impact on current or previous financial year.

J. The said provisions of Corporate Social Responsibility under section 135 of Companies Act, 2013 are not applicable to the company.

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