2. Related Party Transactions
a) List of Related Parties
Subsidiary Companies Netocol Systems and Solutions Pvt Ltd
Associates Companies controlled Akshara Infracon India Pvt Ltd by key management personnel / relatives who are substantially interested
Key managerial personnel Mr. A Prabhakara Rao A
Mr. Suresh Babu G
Mr. Venkateshwar Reddy Parne
Ms. Laveena Panjwani
4. Balances under Trade Receivable, Trade Payables, are subjected to confirmation and reconciliation from respective parties.
5. Segment Reporting
There are no separate reportable segments (business and/or geographical) in accordance with the requirements of Accounting Standard 17 - 'Segment Reporting' issued by the Institute of Chartered Accountants of India.
6. Previous year figures have been regrouped wherever if thought necessary in conformity with the current year groupings. Paise have been rounded off to the nearest rupee. Notes on financial statements, Cash Flow Statement and statement on accounting policies form an integral part of the balance sheet and profit and loss statement.