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NOTES TO ACCOUNTS

Daikaffil Chemicals India Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 11.88 Cr. P/BV 0.47 Book Value (₹) 42.43
52 Week High/Low (₹) 82/18 FV/ML 10/1 P/E(X) 13.81
Bookclosure 02/08/2019 EPS (₹) 1.43 Div Yield (%) 0.00
Year End :2017-03 

1. Terms/ Rights attached to the Shares :

The Company has only one class of equity shares having a par value of Rs.10 per share. Each holder of equity share is entitled to one vote per share. The company declares and pays dividends in Indian Rupees.

In the event of Liquidation of the Company, the holder of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferred amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

2: Related party Disclosure

3. Name of the Related party and nature of relationship

4. Associate Enterprises

- M/s Caffil Private Limited

- M/s Amichem

- M/s Erca Specialty Chemicals Pvt. Ltd

5. Key Management Personnel

- Mr. Amit Patel (Managing Director)

- Mr. Aditya Patel (Joint Managing Director)

6. Commitments

Estimated amount of contract remaining to be executed on capital Account and not provided for Rs.1.25 Cr. (P.Y.Rs. 1.50 Cr.)

7. The records of the ROC shows an open charges on the assets of the company of Rs.40.00 lakhs of Dena Bank. The said charge has been closed by the Company but the same has get not been cancelled by Dena Bank. The Company has been vigoverosuly following up with the said Bank to complete the cancellation.

8 : Consolidated financial statement

The Company has one Associate concern,M/s. Erca Specialty Chemicals Private Ltd., The Accounts of the said Associate have been consolidated with standalone financial and part and parcel of this statement.

Note : The above information has been compiled by the company on the basis of information made available by vendors during the year 2012

9: The excise duty payable if any on finished goods held in the factory is neither included in expenditure nor valued in such stock but is accounted for on clearance of goods from factory. This accounting treatment has no impact on profits.

10: Sundry Debtors and Loans and Advances are subject to confirmation.

11: Segment Information has not been given as the Company does not have any segment.

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