2019-03-31 00 - 00 - 00 - AA1 - Tech - Note

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

JAIPUR RUGS COMPANY PRIVATE LIMITED Standalone Financial Statements for period 01/04/2018 to 31/03/2019

Textual information (5)

Details regarding technology absorption


Operations of the company do not involve any kind of special technology and expenditure on research & development during this financial year is
as under. Expenditure on R & D (Amount in Rs.) FY 2018-19 FY 2017-18 (a) Capital 9,17,597 9,11,170 (b) Recurring 42,190,044 38,278,316 (c)
Total 43,107,641 39,189,486 (d) Total R & D expenditure as a % of total turnover 3.45 3.14 S No. Particular Disclosure 1 The efforts made
towards technology absorption; N.A. 2. The benefits derived like product improvement, cost reduction, product development or import
subsitituions; N.A. 3. In case of imported technology (Imported during the last three years reckoned from the beginning of the financial year) (a)
The details of technology imported (b) The year of import (c) Whether the technology been fully absorbed (d) If not fully absorbed, areas where
absorption has not taken place, and the reasons thereof; and N.A. 4. The expenditure incurred on Research and Development Rs. 43,107,641/-

Textual information (6)

Details regarding foreign exchange earnings and outgo


The Foreign Exchange earnings and outgo during the financial period ended 31st March, 2019 is as follows: (Amount in Rs.) Particulars 31st
March, 2019 31st March, 2018 Foreign Exchange Earnings 1,24,60,67,742 978,946,207 Foreign Exchange Outgo 80,363,669 73,624,388

Textual information (7)

Disclosures in director’s responsibility statement


Pursuant to the requirement under Sec. 134(3)(c) of the Companies Act, 2013 with respect to Directors' Responsibility statement it is hereby
Stated: (a) that in the preparation of the annual accounts for the Financial year ended 31st March 2019, the applicable accounting standards had
been followed along with proper explanation relating to material departures; (b) hat the directors had selected such accounting policies and
applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of
affairs of the company at the end of the financial year and of the profit and loss of the company for that period; (c) that the directors had taken
proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the
assets of the company and for preventing and detecting fraud and other irregularities; (d) that the directors had prepared the annual accounts on a
going concern basis; and (e) that the company is a private unlisted company and the provisions of section 134(5)(e) of Companies Act, 2013 is
not applicable on the company. (f) that the directors had devised proper systems to ensure compliance with the provisions of all applicable laws
and that such systems were adequate and operating effectively.

Textual information (8)

Details of material changes and commitment occurred during period affecting financial position of company
There are no material changes and commitments after the Balance sheet date which may materially affect the financial position of the company or
having any material impact on the operations of the company

Textual information (9)

Particulars of loans guarantee investment under section 186 [Text Block]


During the period under review the Company did not give any Loans, Guarantee and made Investments under section 186 of the Companies Act,
2013. Although company made investments in earlier years and detail of the same has been disclosed in Annual Report

18

You might also like