GTN Industries Ltd. இன் முடிவுகள்
Mar 31, 2016
To
The Members of GTN Industries Limited
Report on the Standalone Financial Statements
We have audited the accompanying financial statements of GTN Industries Limited (âthe Companyâ), which comprise the Balance Sheet as at 31st March, 2016, the Statement of Profit and Loss, the Cash Flow Statement for the year then ended, and a summary of the significant accounting policies and other explanatory information.
Managementâs Responsibility for the Standalone Financial Statements
The Companyâs Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (âthe Actâ) with respect to the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.
Auditorâs Responsibility
Our responsibility is to express an opinion on these standalone financial statements based on our audit.
We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made there under.
We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The procedures selected depend on the auditorâs judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Companyâs preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Companyâs Directors, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India of the state of affairs of the Company as at 31st March, 2016, and its loss and its cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditorâs Report) Order, 2016 (âthe Orderâ) issued by the Central Government of India in terms of sub-section (11) of Section 143 of the Act, and on the basis of such checks of the books and records of the Company as we considered appropriate and according to the information and explanation given to us, we give in the âAnnexure Aâ, a statement on the matters specified in paragraphs 3 and 4 of the Order.
2. As required by Section 143(3) of the Act, we report that:
a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit;
b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books;
c) The Balance Sheet, the Statement of Profit and Loss, and the Cash Flow Statement dealt with by this Report are in agreement with the books of account;
d) In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014;
e) On the basis of the written representations received from the directors as on 31st March, 2016 taken on record by the Board of Directors, none of the directors is disqualified as on 31st March, 2016 from being appointed as a director in terms of Section 164(2) of the Act;
f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such controls, refer to our separate report in âAnnexure Bâ; and
g) With respect to the other matters to be included in the Auditorâs Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:
i) The Company has disclosed the impact of pending litigations on its financial position in the aforesaid financial statements - Refer Note 26B(3) to the financial statements;
ii) The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses.
iii) There were no amounts required to be transferred, to the Investor Education and Protection Fund by the Company during the year ended 31st March, 2016.
With respect to the Annexure referred to in Independent Auditorsâ Report to the members of the Company on the standalone financial statements for the year ended 31st March, 2016, we report that:
1. a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.
b) The fixed assets are physically verified by the management according to a phased programme designed to cover all the items over a period of three years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, certain fixed assets have been physically verified by the Management during the year and no material discrepancies were noticed on such verification.
c) According to the information and explanations given to us and on the basis of our examination of the records of the Company, the title deeds of immovable properties are held in the name of the Company, except the following in case of land:
(Amount Rs. in lacs)
|
Total No. of cases |
Leasehold / Freehold |
Gross Block as at 31.03.2016 |
Net Block as at 31.03.2016 |
Remarks |
|
59 |
Freehold |
1757.13 |
1757.13 |
These lands are in the process of being transferred in the name of the Company pursuant to the change in its name from GTN Textiles Limited to GTN Industries Limited. |
2. The inventory has been physically verified by the management at reasonable intervals during the year. Inventory lying with third parties and in-transit have been verified by the management with reference to the confirmations received from them and/or subsequent receipt of goods. The discrepancies noticed on verification between the physical stocks and book records were not material considering the operations of the Company and have been properly dealt with in the books of account.
3. During the year, the Company has not granted any loans, secured or unsecured to companies, firms, Limited Liability Partnerships or other parties covered in the register maintained under Section 189 of the Act. Accordingly, paragraph 3(iii) of the Order is not applicable to the Company.
4. During the year, the Company has not given any loans, not made investments, not issued guarantees, and has not provided security. Accordingly, paragraph 3(iv) of the Order is not applicable to the Company.
5. No deposits within the meaning of directives issued by RBI (Reserve Bank of India) and Sections 73 to 76 or any other relevant provisions of the Act and rules framed there under have been accepted by the Company.
6. On the basis of records produced, we are of the opinion that prima facie, the cost records and accounts prescribed by the Central Government under Section 148(1) of the Act have been maintained. However, we are not required to and thus, have not carried out any detailed examination of such accounts and records, with a view to ascertain whether these are accurate and complete.
7. a) The Company is regular in depositing undisputed statutory dues including Provident Fund, Employeesâ State Insurance, Income Tax, Sales Tax, Service Tax, Duty of Customs, Duty of Excise, Value Added Tax, Cess and any other statutory dues applicable to the Company with the appropriate authorities. No undisputed amounts payable in respect of the aforesaid statutory dues were outstanding as at the last day of the financial year for a period of more than six months from the date they became payable.
b) According to the records of the Company, there are no dues of Income Tax, Sales Tax, Service tax, Duty of Customs, Duty of Excise or Value Added Tax which have not been deposited on account of any dispute, except the following:
|
S. No. |
Name of the Statute |
Nature of Dues |
Rs. in Lacs |
Financial Year |
Forum where the dispute is pending |
|
1. |
Customs Act, 1962 |
Duty Drawback |
18.69 |
1998-99 |
Madras High Court |
|
2. |
Income Tax Act, 1961 |
Income Tax |
61.06 |
2010-11 |
Commissioner of Income Tax (Appeals), Kochi |
|
3. |
Central Sales Tax, 1956 |
Central Sales Tax |
7.21 |
2006-07 |
Jt. Commissioner (Appeals), Nagpur |
8. In our opinion and according to the information and explanations given to us, the Company has not defaulted in repayment of dues to financial institutions and banks. The Company does not have any dues to Government or debenture holders.
9. According to the information and explanations given to us, the Company has not raised any money by way of initial public offer of further public offer (including debt instruments) during the year. The term loans outstanding at the beginning of the year and those raised during the year have been applied for the purpose for which they were raised.
10. During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing standards in India and according to the information and explanations given to us, we have neither come across any instance of fraud by the Company or on the Company by its officers or employees, noticed or reported during the year, nor have we been informed of such case by the management.
11. According to the information and explanations given to us and based on our examination of the records of the Company, the Company has paid/provided for managerial remuneration in accordance with the requisite approvals mandated by the provisions of Section 197 read with Schedule V of the Act.
12. In our opinion and according to the information and explanations given to us, the Company is not a nidhi company. Accordingly, paragraph 3(xii) of the Order is not applicable.
13. According to the information and explanations given to us and based on our examination of the records of the Company, transactions with the related parties are in compliance with Sections 177 and 188 of the Act, where applicable, and details of such transactions have been disclosed in the financial statements as required by the applicable accounting standards. (Refer Note 26B(11) to the financial statements)
14. During the year, the Company has made preferential allotment of 0.01% Non-Cumulative Redeemable Preference Shares aggregating to Rs. 900 lakhs. As per the information and explanations given to us, the requirements of Section 42 of the Act have been complied with and the amounts raised have been used for the purpose for which they were raised.
15. According to the information and explanations given to us and based on our examination of the records of the Company, the Company has not entered into non-cash transactions with directors or persons connected with them as per the provisions of Section 192 of the Act. Accordingly, paragraph 3(xv) of the Order is not applicable.
16. The Company is not required to be registered under Section 45-IA of the Reserve Bank of India Act, 1934.
ANNEXURE TO THE INDEPENDENT AUDITORSâ REPORT OF EVEN DATE ON THE STANDALONE FINANCIAL STATEMENTS OF GTN INDUSTRIES LIMITED
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 ("the Actâ)
We have audited the internal financial controls over financial reporting of GTN Industries Limited (âthe Companyâ) as of March 31, 2016 in conjunction with our audit of the standalone financial statements of the Company for the year ended on that date.
Managementâs Responsibility for Internal Financial Controls
The Companyâs management is responsible for establishing and maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the âGuidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of Indiaâ. These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to companyâs policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013.
Auditorsâ Responsibility
Our responsibility is to express an opinion on the Companyâs internal financial controls over financial reporting based on our audit. We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (the âGuidance Noteâ) and the Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting includes obtaining an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditorâs judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Companyâs internal financial controls system over financial reporting.
Meaning of Internal Financial Controls over Financial Reporting
A companyâs internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A companyâs internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the companyâs assets that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Controls over Financial Reporting
Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at March 31, 2016, based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the âGuidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of Indiaâ.
For Lodha & Co.
Chartered Accountants
Firm Registration No. 301051E
R.P. Baradiya
Place : Mumbai Partner
Date : 24th May, 2016 Membership No. 44101
Mar 31, 2015
We have audited the accompanying financial statements of GTN Industries
Limited ("the Company"), which comprise the Balance Sheet as at 31st
March, 2015, the Statement of Profit and Loss, the Cash Flow Statement
for the year then ended, and a summary of the significant accounting
policies and other explanatory information.
Management's Responsibility for the Standalone Financial Statements
The Company's Board of Directors is responsible for the matters stated
in Section 134(5) of the Companies Act, 2013 ("the Act") with respect
to the preparation of these standalone financial statements that give a
true and fair view of the financial position, financial performance and
cash flows of the Company in accordance with the accounting principles
generally accepted in India, including the Accounting Standards
specified under Section 133 of the Act, read with Rule 7 of the
Companies (Accounts) Rules, 2014. This responsibility also includes
maintenance of adequate accounting records in accordance with the
provisions of the Act for safeguarding the assets of the Company and
for preventing and detecting frauds and other irregularities; selection
and application of appropriate accounting policies; making judgments
and estimates that are reasonable and prudent; and design,
implementation and maintenance of adequate internal financial controls,
that were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the preparation and
presentation of the financial statements that give a true and fair view
and are free from material misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these standalone
financial statements based on our audit.
We have taken into account the provisions of the Act, the accounting
and auditing standards and matters which are required to be included in
the audit report under the provisions of the Act and the Rules made
thereunder.
We conducted our audit in accordance with the Standards on Auditing
specified under Section 143(10) of the Act. Those Standards require
that we comply with ethical requirements and plan and perform the audit
to obtain reasonable assurance about whether the financial statements
are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about
the amounts and the disclosures in the financial statements. The
procedures selected depend on the auditor's judgment, including the
assessment of the risks of material misstatement of the financial
statements, whether due to fraud or error. In making those risk
assessments, the auditor considers internal financial control relevant
to the Company's preparation of the financial statements that give a
true and fair view in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing
an opinion on whether the Company has in place an adequate internal
financial controls system over financial reporting and the operating
effectiveness of such controls. An audit also includes evaluating the
appropriateness of the accounting policies used and the reasonableness
of the accounting estimates made by the Company's Directors, as well as
evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our audit opinion on the standalone
financial statements.
Opinion
In our opinion and to the best of our information and according to the
explanations given to us, the aforesaid standalone financial statements
give the information required by the Act in the manner so required and
give a true and fair view in conformity with the accounting principles
generally accepted in India of the state of affairs of the Company as
at 31st March, 2015, and its loss and cash flows for the year ended on
that date.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor's Report) Order, 2015 ("the
Order") issued by the Central Government of India in terms of
sub-section (11) of section 143 of the Act, we give in the Annexure a
statement on the matters specified in paragraphs 3 and 4 of the Order.
2. As required by Section 143(3) of the Act, we report that:
a) We have sought and obtained all the information and explanations
which to the best of our knowledge and belief were necessary for the
purposes of our audit.
b) In our opinion, proper books of account as required by law have been
kept by the Company so far as it appears from our examination of those
books.
c) The Balance Sheet, the Statement of Profit and Loss, and the Cash
Flow Statement dealt with by this Report are in agreement with the
books of account.
d) In our opinion, the aforesaid financial statements comply with the
Accounting Standards specified under Section 133 of the Act, read with
Rule 7 of the Companies (Accounts) Rules, 2014.
e) On the basis of the written representations received from the
directors as on 31st March, 2015 taken on record by the Board of
Directors, none of the directors is disqualified as on 31st March, 2015
from being appointed as a director in terms of Section 164(2) of the
Act.
f) With respect to the other matters to be included in the Auditor's
Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our information and
according to the explanations given to us:
i) The Company has disclosed the impact of pending litigations on its
financial position in the aforesaid financial statements - Refer Note
26B(3) to the financial statements;
ii) The Company did not have any long-term contracts including
derivative contracts for which there were any material foreseeable
losses.
iii) There has been no delay in transferring amounts, required to be
transferred, to the Investor Education and Protection Fund by the
Company during the year ended 31st March, 2015.
On the basis of such checks as we considered appropriate and according
to the information and explanations given to us during the course of
our audit, we state that:
1. a) The Company has maintained proper records showing full
particulars, including quantitative details and situation of fixed
assets.
b) The fixed assets are physically verified by the management according
to a phased programme designed to cover all the items over a period of
two years which, in our opinion, is reasonable having regard to the
size of the Company and the nature of its assets. Pursuant to the
programme, certain fixed assets have been physically verified by the
Management during the year and no material discrepancies were noticed
on such verification.
2. a) The inventory has been physically verified by the management at
reasonable intervals during the year Inventory lying with third parties
and in-transit have been verified by the management with reference to
the confirmations received from them and/or subsequent receipt of goods.
b) The procedures for physical verification of the inventories followed
by the management are reasonable and adequate in relation to the size
of the Company and the nature of its business.
c) The Company is maintaining proper records of inventory. The
discrepancies noticed on verification between the physical stocks and
book records were not material considering the operations of the
Company and have been properly dealt with in the books of account.
3. During the year, the Company has not granted any loans, secured or
unsecured to companies, firms or other parties covered in the register
maintained under section 189 of the Act.
4. In our opinion and according to the information and explanations
given to us, having regard to the explanations that some of the items
purchased and sold are of the special nature and suitable alternative
source does no exist for obtaining comparable quotations, there are
adequate internal control systems commensurate with the size of the
Company and nature of its business for purchase of inventory, fixed
assets and with regard to the sale of goods. During the course of our
audit, no major weakness has been noticed in these internal control
systems.
5. In our opinion and according to the information and explanations
given to us, the Company has complied with the directives issued by the
Reserve Bank of India and the provisions of Sections 73 to 76 or any
other relevant provisions of the Act and rules framed thereunder, with
regard to the deposits accepted from public.
6. On the basis of records produced, we are of the opinion that prima
facie, the cost records and accounts prescribed by the Central
Government under Section 148(1) of the Act have been maintained.
However, we are not required to and thus, have not carried out any
detailed examination of such accounts and records, with a view to
ascertain whether these are accurate and complete.
7. a) The Company is generally regular in depositing undisputed
statutory dues including Provident Fund Employees' State Insurance,
Income Tax, Sales Tax, Wealth Tax, Service Tax, Duty of Customs, Duty of
Excise, Value Added Tax, Cess and any other statutory dues applicable to
the Company with the appropriate authorities. No undisputed amounts
payable in respect of the aforesaid statutory dues were outstanding as
at the last day of the financial year for a period of more than six
months from the date they became payable.
b) According to the records of the Company, there are no dues of Income
Tax, Wealth Tax, Sales Tax, Service tax, Duty of Customs, Duty of
Excise, Value Added Tax or Cess which have not been deposited on
account of any dispute, except the following:
S. Forum where the
No. Name of theStatute Nature of Dues dispute is pending
1. Customs Act, 1962 Duty Drawback Madras High Court
2. Central Excise Act, 1944 CENVAT Credit CESTAT, Bengaluru
3. Income Tax Act, 1961 Income Tax Commissioner of
Income Tax
(Appeals), Kochi
4. Central Sales Tax, 1956 Central Sales Jt. Commissioner
Tax (Appeals), Nagpur
5. Agricultural Produce Agricultural Andhra Pradesh
and Livestock Markets, Marketing High Court
AP, 1966 Cess on Cotton
6. HMWSSB Act, 1989 Sewerage Cess Andhra Pradesh
High Court
S. Financial Rs. in
No Year Lacs
1. 1998-99 18.69
2. 2008-09
& 2009-10 0.67
3. 2010-11 61.06
4. 2006-07 7.21
5. 2006-07 11.72
6. 2012-13 18.07
c) The amount required to be transferred to Investor Education and
Protection Fund has been transferred within the stipulated time in
accordance with the provisions of the Companies Act, 1956 and the rules
made thereunder.
8. The Company's accumulated losses as at 31st March, 2015 exceeds
fifty percent of its net worth*. The Company has incurred cash losses
during the financial year covered by our audit. However, it has not
incurred cash losses in the immediately preceding financial year.
(*as defined U/s. 3(ga) of the Sick Industrial Companies (Special
provisions) Act, 1985)
9. In our opinion and according to the information and explanations
given to us, the Company has not defaulted in repayment of dues to
banks and financial institutions.
10. According to the information and explanations given to us, the
Company has not given any guarantee for loans taken by others from
banks and financial institutions.
11. According to the information and explanations given to us and in
our opinion, the term loans outstanding at the beginning of the year
have been applied for the purpose for which they were raised.
12. During the course of our examination of the books and records of
the Company, carried out in accordance with the generally accepted
auditing standards in India and according to the information and
explanations given to us, we have neither come across any instance of
fraud on or by the Company, noticed or reported during the year, nor
have we been informed of such case by the management.
For Lodha & Co.
Chartered Accountants
Firm Registration
No: 301051E
R P Baradiya
Place : Mumbai Partner
Dated : 28th May, 2015 Membership No: 44101
Mar 31, 2014
We have audited the accompanying financial statements of GTN Industries
Limited ("the Company"), which comprise the Balance Sheet as at 31st
March, 2014, the Statement of Profit and Loss and the Cash Flow
Statement of the Company for the year then ended and a summary of the
significant accounting policies and other explanatory information.
Management''s Responsibility for the Financial Statements
The Company''s Management is responsible for the preparation of these
financial statements that give a true and fair view of the financial
position, financial performance and cash flows of the Company in
accordance with the Accounting Standards referred to in sub-section
(3C) of section 211 of the Companies Act, 1956 ("the Act") read with
the General Circular 5/2013 dated 13th September 2013 of the Ministry
of Corporate Affairs in respect of section 133 of the Companies Act,
2013. This responsibility includes the design, implementation and
maintenance of internal control relevant to the preparation and
presentation of the financial statements that give a true and fair view
and are free from material misstatement, whether due to fraud or error.
Auditors'' Responsibility
Our responsibility is to express an opinion on these financial
statements based on our audit. We conducted our audit in accordance
with the Standards on Auditing issued by the Institute of Chartered
Accountants of India. Those Standards require that we comply with the
ethical requirements and plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free
from material misstatement.
An audit involves performing procedures to obtain audit evidence about
the amounts and the disclosures in the financial statements. The
procedures selected depend on the auditor''s judgment, including the
assessment of the risks of material misstatement of the financial
statements, whether due to fraud or error. In making those risk
assessments, the auditor considers the internal control relevant to the
Company''s preparation and fair presentation of the financial statements
in order to design audit procedures that are appropriate in the
circumstances but not for the purpose of expressing an opinion on the
effectiveness of the entity''s internal control. An audit also includes
evaluating the appropriateness of accounting policies used and the
reasonableness of the accounting estimates made by the Management, as
well as evaluating the overall presentation of the financial
statements.
We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our audit opinion.
Opinion
In our opinion and to the best of our information and according to the
explanations given to us, the financial statements give the information
required by the Act in the manner so required and give a true and fair
view in conformity with the accounting principles generally accepted in
India:
(a) in the case of the Balance Sheet, of the state of affairs of the
Company as at 31st March, 2014;
(b) in the case of the Statement of Profit and Loss, of the loss of the
Company for the year ended on that date, and
(c) in the case of the Cash Flow Statement, of the cash flows for the
year ended on that date.
Report on Other Legal and Regulatory Requirements
(1) As required by the Companies (Auditor''s Report) Order, 2003("the
Order") issued by the Central Government of India in terms of
sub-section (4A) of section 227 of the Act, we give in the Annexure a
statement on the matters specified in paragraphs 4 and 5 of the Order.
(2) As required by section 227(3) of the Act, we report that:
(a) we have obtained all the information and explanations which to the
best of our knowledge and belief were necessary for the purposes of our
audit;
(b) in our opinion, proper books of account as required by law have
been kept by the Company so far as appears from our examination of
those books;
(c) the Balance Sheet, Statement of Profit and Loss and the Cash Flow
Statement dealt with by this Report are in agreement with the books of
account;
(d) in our opinion, the Balance Sheet, Statement of Profit and Loss and
the Cash Flow Statement comply with the Accounting Standards referred
to in sub-section (3C) of section 211 of the Act read with the General
Circular 15/2013 dated 13 September 2013 of the Ministry of Corporate
Affairs in respect of section 133 of the Companies Act, 2013.
(e) On the basis of the written representations received from the
directors as on 31st March, 2014 taken on record by the Board of
Directors, none of the directors is disqualified as on 31st March, 2014
from being appointed as a director in terms of clause (g) of
sub-section (1) of section 274 of the Act.
ANNEXURE REFERRED TO IN PARAGRAPH 1 UNDER THE HEADING "REPORT ON OTHER
LEGAL AND REGULATORY REQUIREMENTS" OF OUR REPORT OF EVEN DATE TO THE
MEMBERS OF GTN INDUSTRIES LIMITED
On the basis of our examination of the books and records of the Company
carried out in accordance with the auditing standards generally
accepted in India and according to the information and explanations
given to us, we state that:
1. a) The Company has maintained proper records showing full
particulars, including quantitative details and situation of fixed
assets.
b) As explained to us, the assets have been physically verified by the
management in accordance with the phased programme of verification
adopted by the Company, which in our opinion is reasonable having
regard to the size of the Company and nature of its assets. According
to the information and explanations given to us, no material
discrepancies between the book records and physical inventory were
noticed on such verification.
c) In our opinion and according to the information and explanations
given to us, no substantial part of the fixed assets has been disposed
off by the Company during the year. Also refer note 26(B)(2) to the
financial statements regarding the proposed hive off of Yarn Processing
Unit and Knitting Unit of the Company by way of Slump sale.
2. a) As per the information furnished, the inventory has been
physically verified by the management at reasonable intervals during
the year.
b) In our opinion, the procedures for physical verification of
inventory followed by the management are reasonable and adequate in
relation to the size of the Company and the nature of its business.
c) In our opinion and according to the information and explanations
given to us, the Company is maintaining proper records of inventory.
The discrepancies noticed on verification between the physical stock
and book records were not material in relation to the operations of the
Company and have been properly dealt with in the books of account.
3. a) The Company has not granted any loans, secured or unsecured, to
companies, firms or other parties covered in the register maintained
under Section 301 of the Act. Consequently, paragraphs iii(b), iii(c)
and iii(d) of the said Order are not applicable.
b) The Company has taken unsecured loans by way of fixed deposits from
4 parties covered in the register maintained under Section 301 of the
Act. The maximum amount involved during the year and the year-end
balances of such loans were Rs. 26.00 lacs and Rs. 26.00 lacs,
respectively.
c) In our opinion and according to the information and explanations
given to us, the rate of interest and other terms and conditions on
which such loans have been taken by the Company are, prima facie, not
prejudicial to the interest of the Company.
d) The Company is regular in repayment of principal amount and interest
thereon as stipulated.
4. In our opinion and according to the information and explanations
given to us, having regard to the explanations that some of the items
are of special nature and suitable alternate sources do not exist for
obtaining comparative quotations, there is an adequate internal control
system commensurate with the size of the Company and the nature of its
business, for the purchase of inventory and fixed assets and for the
sale of goods and services. During the course of our audit, we have
not observed any continuing failure to correct major weaknesses in the
internal control system.
5. a) According to the information and explanations given to us, we are
of the opinion that the particulars of contracts or arrangements
referred to in Section 301 of the Act have been entered in the register
required to be maintained under that section.
b) In our opinion and according to the information and explanations
given to us and having regard to what is stated in para 4 above, the
transactions made in pursuance of such contracts or arrangements
aggregating during the year to Rs. 5,00,000 or more in respect of each
party, have been made at prices which are reasonable having regard to
prevailing market prices at the relevant time.
6. In our opinion and according to the information and explanations
given to us, the Company has complied with the directives issued by the
Reserve Bank of India, the provisions of Section 58A and 58AA or any
other relevant provisions of the Act and the Companies (Acceptance of
Deposits) Rules, 1975 with regard to the deposits accepted from the
public.
7. In our opinion, the Company has an internal audit system
commensurate with the size of the Company and nature of its business.
8. We have broadly reviewed the cost records maintained by the Company
pursuant to the Companies (Cost Accounting Records) Rules, 2011
prescribed by the Central Government under Section 209(1)(d) of the Act
and are of the opinion that, prima facie, the prescribed accounts and
records have been maintained. However, we have not made a detailed
examination of the records with a view to determine whether these are
accurate or complete.
9. a) According to the information and explanations given to us and the
records of the Company examined by us, in our opinion, the Company is
generally regular in depositing with the appropriate authorities the
undisputed statutory dues including Provident Fund, Employees'' State
Insurance, Income Tax, Sales Tax, Wealth Tax, Service Tax, Customs
Duty, Excise Duty, Cess and any other material statutory dues
applicable to it. No undisputed amounts payable in respect of aforesaid
statutory dues were outstanding as at 31st March, 2014 for a period of
more than six months from the date they became payable.
b) According to the information and explanations given to us and the
records of the Company examined by us, there are no dues of Income Tax,
Wealth Tax, Sales Tax, Service Tax, Customs Duty, Excise Duty, Cess
which have not been deposited on account of any dispute except dues on
account of the following:
Sl. Nature of dues Amount Year Forum where the
No. (Rs. in Lacs) dispute is pending
1. Duty Drawback 18.69 1998-99 Madras High Court
2. Cess on Captive 24.27 2004-05 to Andhra Pradesh
Generation 2013-14 High Court
3. Sales Tax 2.56 2002-03 and Appellate Deputy
2003-04 Commissioner, Nagpur
4. Agricultural 13.75 2010-11 Andhra Pradesh
Marketing Cess High Court
5. Income Tax 154.21 2010-11 Commissioner of
Income Tax
(Appeals), Kochi
6. Excise Duty 73.95 2006-07 Andhra Pradesh
High Court
10. The Company''s accumulated losses as at 31st March, 2014 is less
than fifty percent of its net worth. The Company has not incurred cash
losses during the financial year covered by our audit. However, it has
incurred cash losses in the immediately preceding financial year.
11. Based on our audit procedures and according to the information and
explanations given by the management, the Company has not defaulted in
repayment of dues to banks and financial institutions.
12. According to the information and explanations given to us, the
Company has not granted any loans and advances on the basis of security
by way of pledge of shares, debentures or other securities.
13. In our opinion and according to the information and explanations
given to us, the nature of the activities of the Company does not
attract any special statue applicable to the chit fund and nidhi /
mutual benefit fund / societies.
14. In our opinion, the Company is not dealing in or trading in shares,
securities, debentures and other investments. Therefore, the
provisions of clause 4(xiv) of the Companies (Auditors Report) Order,
2003 are not applicable to the Company.
15. According to the information and explanations given to us, the
Company has not given any guarantee for loans taken by others from
banks or financial institutions.
16. According to the information and explanations given to us and in
our opinion, the term loans outstanding at the beginning of the year
and those raised during the year have been applied for the purpose for
which they were raised.
17. According to the information and explanations given to us and on an
overall examination of the cash flow statement and balance sheet of the
Company, in our opinion, the funds raised on short-term basis have,
prima facie, not been used for long term investment.
18. During the year, the Company has made preferential allotment of
0.01% Cumulative Redeemable Preference Shares to a Company covered in
the register maintained under Section 301 of the Act pursuant to the
financial restructuring scheme approved by the CDR - EG. Also, it has
made preferential allotment of 10% Cumulative Redeemable Preference
Shares to two companies covered in the register maintained under
Section 301 of the Act. The terms and conditions at which these shares
have been issued are prima facie not prejudicial to the interest of the
Company.
19. According to the information and explanations given to us, the
Company did not have any outstanding debentures during the year covered
by this report or in the recent past.
20. The Company has not raised any money by way of public issues during
the year or in the recent past.
21. During the course of our examination of the books and records of
the Company, carried out in accordance with the generally accepted
auditing practices in India and according to the information and
explanations given to us, we have neither come across any instance of
fraud on or by the Company, noticed or reported during the year, nor
have we been informed of such case by the management.
For LODHA & COMPANY
Chartered Accountants
(ICAI FRN: 301051E)
A.M. Hariharan
Plate : Mumbai Partner
Date : May 17th, 2014 M.No. : 38323
Mar 31, 2013
Report on the Financial Statements
We have audited the accompanying financial statements of GTN Industries
Limited ("the Company"), which comprise the Balance Sheet as at March
31, 2013 and the Statement of Profit and Loss and the Cash Flow
Statement of the Company lor the year then ended and a summary of the
significant accoutring policies and other explanatory information.
Management''s Responsibility tor the Financial Statements
The Company''s Management is responsible tor (he preparation of these
financial statements that give a Irue and fair view of the financial
position, financial performance and cash flows of the Company in
accordance with the Accounting Standards referred to in sub-section
(3C) of section 211 of the Companies Act, 1956 ("the Acf). This
responsibility includes the design, implementation and maintenance of
internal control relevant to the preparation and presentation oi the
financial statements that give a true and fair view and are free from
material misstatement, whether due to fraud or error.
Auditors'' Responsibility
Our responsibility is to express an opinion on Ihese financial
statements based on our audit. We conducled our audit in accordance
with the Standards on Auditing issued by the Institute of Chartered
Accountants of India. Those Standards require that we comply with the
ethical requirements and plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free
from malerial misstatement.
An audit involves performing procedures to obtain audit evidence about
the amounts and the disclosures in the financial statements. The
procedures selected depend on the auditor''s judgment, including the
assessmenl of the risks of material misstatement of the financial
statements, whether due to fraud or error. In making those risk
assessments, the auditor considers the internal control relevant to the
Company''s preparation and fair presentation of the financial statements
in order to design audit procedures that are appropriate in the
circumslances. An audil also includes evaluating the appropriateness of
accounting policies used and the reasonableness of the accounting
estimates made by the Management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our audit opinion.
Opinion
In our opinion and to the best of our information and according to the
explanations given to us, the financial statements give the information
required by the Act in the manner so required and give a true and fair
view in conformity with the accounting principles generally accepted in
India:
(a) in the case of the Bafance Sheet, of the state of affairs of the
Company as at March 31, 2013
(b) in the case of the Statement of Profit and Loss, of the loss of the
Company for the year ended on that date, and
(c) in the case of the Cash Flow Statement, of the cash flows for the
year ended on that date.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor''s Report) Order, 2003("lhe
Order") issued by the Central Governmersl of India in terms of
sub-section (4A) of section 227 of the Act, we give in the Annexure a
statement on the matters specified in paragraphs 4 and 5 of the Order.
2. As required by Seclion 227(3) of (he Act, we report thai:
(a) We have obtained all the information and explanations which to the
best of our knowledge and belief were necessary for the purposes of our
audit.
(b) In our opinion, proper books of account as required by law have
been kept by the Company so far as il appears from our examination of
ttiose books.
(c) The Balance Sheet, Statement of Profit and Loss, and Cash Flow
Statement dealt with by this Report are in agreement with the books of
account.
(d) In our opinion, the Balance Sheet, Statement of Profit and Loss,
and Cash Flow Statement comply wilh the Accounting Standards referred
to in sub-section (3C) of seclion 211 ol the Act, to the extent
applicable.
(e) On the basis of the written representations received from the
directors as on 3161 March, 2013 taken on record by the Board of
Directors, none of the directors is disqualified as on 31" March, 2013
from being appointed as a direclor in terms of clause (g) of
sub-section (1) of section 274 of the Act.
ANNEXURE REFERRED TO IN PARAGRAPH 1 UNDER THE HEADING "REPORT ON OTHER
LEGAL AND REGULATORY REQUIREMENTS" OF OUR REPORT OF EVEN DATE TO THE
MEMBERS OF GTN INDUSTRIES LIMITED.
On the basis of our examination of the books and records of the Company
carried out in accordance with the auditing slandards generally
accepted in India and according to the information and explanations
given to us, we state that;
(i) (a) The Company is maintaining proper records showing full
particulars including quantitative details and situation of fixed
assets.
(b) As explained to us, the assets have been physically verified by the
managemenl in accordance with the phased programme ol verllication
adopted by the Company, which in our opinion is reasonable having
regard to the size of the Company and nalure of its assets. According
to the information and explanations given to us, no material
discrepancies between the book records and physical inventory were
noticed on such verification.
(c) In our opinion and according to the information and expianations
given to us, no substantial pari of the fixed assets has been disposed
off by the Company during the year.
(ii) (a) As per Ihe information furnished, the inventories have been
physically verified by 1he managemenl at reasonable intervals during
the year.
(b) In our opinion, the procedures for physical verification of
inventory followed by the managemenl are reasonable and adequate in
relation to the size of the Company and the nature of its business,
(c) In our opinion and according lo the information and explanations
given to us, the Company is maintaining proper records of inventory.
The discrepancies noticed on verification between the physical stock
and book records were not material in relation to the operations of the
Company and have been properly dealt with in Ihe books ol account,
(iii) (a) The Company has not granted any loans, secured or unsecured,
to companies, firms or other parties covered in the register maintained
under Seclion 301 ol tho Act. Consequently, paragraphs iii(b), iii(c)
and tii(d) ol the said Order are not applicable,
(b) The Company has taken unsecured loans by way of fixed deposits from
2 parties covered in the register maintained under Section 30f of the
Act. The maximum amount involved during the year and the year-end
balances ol such loans were Rs. 17.30 lacs and Rs. 17.30 lacs,
respeclively.
(c) In our opinion and according to the information and explanations
given to us, the rate of interest and other terms and conditions on
which such loans have been taken by the Company are, prima facie, not
prejudicial to the interest ol the Company.
(d) The Company is regular in repayment of principal amount and
interest thereon as stipulated.
(iv) In our opinion and according to the information and explanations
given to us, having regard to the explanalions that some of the items
are of special nature and suitable alternate sources do not exist for
obtaining comparative quotations, there is an adequate internal control
syslem commensurate with the size of the Company and the nature of its
business, for the purchase of inventory and fixed assets and for the
sale of goods and services. During the course of our audit, we have not
observed any continuing failure to correct major weaknesses in the
internal control system.
(v) (a) According to the information and explanations given to us, we
are of the opinion that the particulars of contracts or arrangements
referred to in Section 301 nf ihe Act have been entered in 1he register
required to be maintained under that section.
(b) In our opinion and according to Ihe information and explanations
given to us and having regard to what is staled in para (iv) above, the
transactions made in pursuance of such contracts or arrangements
aggregating during the year to Rs. 5,00,000 or more in respect of each
party, have been made at prices which are reasonable having regard to
prevailing market prices al the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the Company has complied with the directives issued by the
Reserve Bank of India, the provisions of Section 58A and 68AA or any
other relevant provisions of the Act and the Companies (Acceptance of
Deposits) Rules, 1975 with regard to the deposits accepted from the
public.
(vli) In our opinion, the Company has an internal audit system
commensurate with the size of the Company and nature of its business.
(vtii) We have broadly reviewed the cost records maintained by the
Company pursuant to the Companies {Cost Accounting Records) Rules, 2011
prescribed by the Centra) Government under Section 209(1 )(d) of the
Companies Act, 1956 and are of the opinion that, prima facie, the
prescribed accounts and records have been maintained. However, we have
not made a detailed examination of the records with a view to determine
whether these are accurate or complete.
(ix) (a) According to the information and explanations given and
records examined by us, the Company is regular in depositing undisputed
statutory dues including Provident Fund, Investor Education and
Protection Fund, Employees'' State Insurance, Income Tax, Sales Tax,
Wealth Tax, Service Tax, Customs Duty, Excise Duty, Cess and other
material statutory dues applicable to the Company with the appropriate
authorities. No undisputed amounts payable in respect of the aforesaid
statutory dues were outstanding as at the last day of the financial
year for a period of more than six months from the date they became
payable.
(b) According to the information and explanations given to us and the
records of the Company examined by us, there are no dues of Income Tax,
Wealth Tax, Sales Tax, Service Tax, Customs Duty, Excise Duty, Cess
which have not been deposited on account of any dispute except dues on
account of the following.:
S.
No. Nature of dues Amount Year Forum where the
(Rs. In
lacs) dispute is pending
1. Duty Drawback 18.69 1998-99 Madras High Court
2. CENVAT Claim 2.68 2010-2011 CESTAT, Bangalore
3. Cess on Captive
Generation 23.51 2004-05 to Andhra Pradesh High
Court
2012-13
4. Sales Tax 2.56 2002-03 and Appellate Deputy
2003-04 Commissioner, Nagpur
5. Agricultural
Marketing Cess 13.75 2010-11 Andhra Pradesh High Court
(x) The accumulated losses of the Company as at 31s1 March, 2013 are
less lhan fifty percent of the net worth of the Company. The Company
has incurred cash fosses during the financial year covered by our audit
but not in the immediately preceding financial year.
(xi) Based on our audit procedures and based on the information and
explanations given by the management, the Company has not defaulted in
repayment of dues to banks and financial institutions except for delays
ranging between 11 to 58 days in repayment of dues of Rs. 384.71 lacs
to banks and financial institutions pending approval of Rework Package
under CDR system as explained in Note no 26B(2) lo Ihe financial
statements. However, there are no amounls outstanding against such
defaults as on the balance sheet date.
(xii) According lo Ihe information and explanations given to us, the
Company has not granted any loans and advances on the basis of security
by way ol pledge of shares, debentures or other securities.
(xiii) In our opinion and according to the information and explanations
given to us, the nature of the activities of the Company does not
allract any special slalue applicable to the chit fund and nidhi /
mutual benefit fund / societies.
(xiv) In our opinion, the Company is not dealing in or trading in
shares, securities, debentures and other investments. Therefore, the
provisions of clause 4 (xiv) of the Companies (Audilors Report) Order,
2003 are not applicable to the Company.
(xv) In our opinion and according to the information and explanations
given to us, the Company has not given any guarantee for loans taken by
others from banks or financial institutions.
(xvi) According to the information and explanations given to us and in
our opinion, the term loans outstanding al the beginning of the year
and Ihose raised during the year have been applied for the purpose for
which they were raised.
(xvii) According to the information and explanations given to us and on
an overall examination of the cash flow statement and Balance Sheet of
the Company, in our opinion, the funds raised on short-term basis have,
prima facie, not been used for long term investmenf.
(xviii) During the year the Company has not made any preferential
aiiotmenl of shares lo parties and Companies covered in the Register
maintained under Section 301 of the Act.
(xix) The Company did not have any outstanding debentures during the
year.
(xx) The Company has not raised any money by way of public issues
during the year or in the recent past.
(xxi) During the course of our examination of the books and records of
the Company, carried oul in accordance with the generally accepted
auditing practices in India and according to the information and
explanations given to us, we have neither come across any instances of
fraud on or by the Company, noticed or reported during the year, nor
have we been informed of any such case by the management.
For Lodha & Co.,
Chartered Accountants,
(ICAI FRN.No.301051E)
Place: Mumbai A.M.Hariharan
Partner
Date :29 May, 2013. M.No. 38323
Mar 31, 2012
1. We have audited the attached Balance Sheet of GTN INDUSTRIES
LIMITED as at 31st March, 2012, the Statement of Profit and Loss and
also the Cash Flow Statement for the year ended on that date annexed
thereto. These financial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on
these financial statements based on our audit.
2. We conducted our audit in accordance with the auditing standards
generally accepted in India. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the
financial statements are free of material mis- statement. An audit
includes examining, on a test basis, evidence supporting the amounts
and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made
by the management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a reasonable
basis for our 'opinion.
3. As required by the Companies (Auditor's Report) Order, 2003,
issued by the Central Government of India in terms of sub- section (4A)
of Section 227 of the Companies Act, 1956 (hereinafter referred to as
the "Act"), we annex hereto a statement on the matters specified in
paragraphs 4 and 5 of the said Order.
4. Further to our comments in the Annexure referred to in paragraph 3
above, we report that:
(a) We have obtained all the information and explanations, which to the
best of our knowledge and belief were necessary for the purposes of our
audit;
(b) In our opinion, proper books of account as required by law have
been kept by the Company so far as appears from our examination of
those books;
(c) The Balance Sheet, Statement of Profit and Loss and Cash Flow
Statement dealt with by this report are in agreement with the books of
account;
(d) In our opinion, the Balance Sheet, Statement of Profit and Loss and
Cash Flow Statement dealt with by this report comply with the
accounting standards referred to in sub section (3C) of Section 211 of
the Act, to the extent applicable;
(e) On the basis of written representations received from directors as
on 31st March, 2012, and taken on record by the Board of Directors, we
report that none of the directors is disqualified as on 31st March,
2012 from being appointed as a director of the Company in terms of
clause (g) of sub-section (1) of Section 274 of the Act;
(f) In our opinion and to the best of our information and according to
the explanations given to us, the said accounts read together with
Significant Accounting Policies and Notes thereon give the information
required by the Act in the manner so required and give a true and fair
view in conformity with the accounting principles generally accepted in
India:
i) in the case of the Balance-Sheet, of the state of affairs of the
Company as at 31st March, 2012;
ii) in the case of the Statement of Profit & Loss, of the loss of the
Company for the year ended on that date; and
iii) in the case of the Cash Flow Statement, of the cash flows for the
year ended on that date.
On the basis of our examination of the books and records of the Company
carried out in accordance with the auditing standards generally
accepted in india and according to the information and explanations
given to us, we state that:
(i) (a) The Company is maintaining proper records showing full
particulars including quantitative details and situation of fixed
assets.
(b) The assets have been physically verified by the management in
accordance with the phased programme of verification adopted by the
Company, which in our opinion, is reasonable having regard to the size
of the Company and nature of its assets. According to the information
and explanations given to us, no material discrepancies between the
book records and physical inventory were noticed on such verification.
(c) In our opinion and according to the information and explanations
given to us, no substantial part of the fixed assets has been disposed
off by the Company during the year.
(ii) (a) As per the information furnished, the inventories have been
physically verified by the management at reasonable intervals
during the year.
(b) In our opinion, the procedures for physical verification of
inventory followed by the management are reasonable and adequate in
relation to the size of the Company and the nature of its business.
(c) In our opinion and according to the information and explanations
given to us, the Company is maintaining proper records of inventory.
The discrepancies noticed on verification between the physical stock
and book records were not material in relation to the operations of the
Company and have been properly dealt with in the books of account.
(iii) (a) The Company has not granted any loans, secured or unsecured,
to companies, firms or other parties covered in the
register maintained under Section 301 of the Act. Consequently,
paragraphs iii(b), iii(c) and iii(d) of the said Order are not
applicable.
(b) The Company has taken unsecured loans by way of fixed deposits from
3 parties covered in the register maintained under Section 301 of the
Act. The maximum amount involved during the year and the year-end
balances of such loans were Rs. 45.30 lacs and Rs. 17.30 lacs,
respectively.
(c) In our opinion and according to the information and explanations
given to us, the rate of interest and other terms and conditions on
which such loans have been taken by the Company are, prima facie, not
prejudicial to the interest of the Company.
(d) The Company is regular in repayment of principal amount and
interest thereon as stipulated.
(iv) In our opinion and according to the information and explanations
given to us, having regard to the explanations that some of the items
are of special nature and suitable alternate sources do not exist for
obtaining comparative quotations, there is an adequate internal control
system commensurate with the size of the Company and the nature of its
business, for the purchase of inventory gnd fixed assets and for the
sale of goods and services. During the course of our audit, we have not
observed any continuing failure to correct major weaknesses in the
internal control system.
(v) (a) According to the information and explanations given to us, we
are of the opinion that the particulars of contracts or
arrangements referred to in Section 301 of the Act have been entered in
the register required to be maintained under thaf section.
(b) In our.opinion and according to the information and explanations
given to us and having regard to what is stated in para
(iv) above, the transactions made in pursuance of such contracts or
arrangements aggregating during the year to Rs. 5,00,000 or more in
respect of each party, have been made at prices which are reasonable
having regard to prevailing market prices at the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the Company has complied with the directives issued by the
Reserve Bank of India, the provisions of Section 58A and 58AA or any
other relevant provisions of the Act and the Companies (Acceptance of
Deposits) Rules, 1975 with regard to the deposits accepted from the
public.
(vii) In our opinion, the Company has an internal audit system
commensurate with the size of the Company and nature of its business.
(viii) We have broadly reviewed the cost records maintained by the
Company pursuant to the Order of the Central Government under Section
209(1 )(d) of the Act and are of the opinion that, prima facie, the
prescribed accounts and records have been made and maintained. However,
we have not made a detailed examination of the records with a view to
determine whether they are accurate or complete.
(ix) (a) According to the information and explanations given and
records examined by us, the Company is generally regular in
depositing undisputed statutory dues including Provident Fund, Investor
Education and Protection Fund, Employees' State Insurance, Income
Tax, Sales Tax, Wealth Tax, Service Tax, Customs Duty, Excise Duty,
Cess and other material statutory dues applicable to the Company with
the appropriate authorities. No undisputed amounts payable in respect
of
the aforesaid statutory dues were outstanding as at the last day of the
financial year for a period of more than six months from the date they
became payable.
(b) According to the information and explanations given to us and the
records of the Company examined by us, there are no dues of Income Tax,
Wealth Tax, Sales Tax, Service Tax, Customs Duty, Excise Duty, Cess
which have not been deposited on account of any dispute except dues on
account of the following which are being contested by the Company:
Amount Forum where the
S.No. Nature of
the Dues (RS. jn lacs) Year dispute is pending
1. Duty Drawback 18.69 1998-99 Madras High Court
2. CENVAT Claim 2.68 2010-11 CESTAT, Bangalore
3. Cess on
Captive Power
Generation 21.43 2004-05 to
2011-12 Andhra Pradesh
High Court
4. Sales Tax 2.56 2002-03 and
2003-04 Appellate Deputy
Commissioner,
Nagpur
5. Agricultural
Marketing Cess 13.75 2010-11 Andhra Pradesh
High Court
x) The Company does not have any accumulated losses as at 31a March,
2012 and it has not incurred any cash losses during the financial year
covered by our audit and in the immediately preceding financial year.
(xi) In our opinion and according to the information and explanations
given to us, the Company has not defaulted in repayment of dues to any
financial institution or bank.
(xii) According to the information and explanations given to us, the
Company has not granted any loans and advances on the basis of security
by way of pledge of shares, debentures or other securities.
(xiii) In our opinion and according to the information and explanations
given to us, the nature of the activities of the Company does not
attract any special statue applicable to the chit fund and nidhi /
mutual benefit fund / societies.
(xiv) In our opinion, the Company is not dealing in or trading in
shares, securities, debentures and other investments. Therefore, the
provisions of clause 4 (xiv) 6f the Companies (Auditors Report) Order,
2003 are not applicable to the Company.
(xv) In our opinion and according to .the information and explanations
given to us, the Company has not given any guarantee for loans taken by
others from banks or financial institutions.
(xvi) According to the information and explanations given to us and in
our opinion, the term loans were applied for the purpose for which they
were obtained.
(xvii) According to the information and explanations given to us and on
an overall examination of the Cash Flow Statement and Balance Sheet of
the Company, in our opinion, the funds raised on short-term basis have,
prima facie, not been used for long term investment.
(xviii) During the year the Company has not made any preferential
allotment of shares to parties and Companies covered in the Register
maintained under Section 301 of the Act.
(xix) The Company does not have any outstanding debentures during the
year or In the recent past.
(xx) The Company has not raised any money by way of public issues
during the year or in the recent past.
(xxi) During the course of our examination of the books and records of
the Company, carried out in accordance with the generally accepted
auditing practices in India and according to the information and
explanations given to us, we have neither come across any instances of
fraud on or by the Company, noticed or reported during the year, nor
have we been informed of any such case by the management.
For LODHA & CO.,
Chartered Accountants
A.M. Hariharan
Partner
Place : Mumbai Firm Registration No.: 301051E
Date : 24th May, 2012 M. No.: 38323
Mar 31, 2011
1. We have audited the attached Balance Sheet of GTN INDUSTIRES
LIMITED as at 31st March, 2011, the Profit and Loss Account and also
the Cash Flow Statement for the year ended on that date annexed
thereto. These financial statements are the responsibility of the
Companys management. Our responsibility is to express an opinion on
these financial statements based on our audit.
2. We conducted our audit in accordance with the auditing standards
generally accepted in India. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the
financial statements are free of material mis-statement. An audit
includes examining, on a test basis, evidence supporting the amounts
and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made
by the management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a reasonable
basis for our opinion.
3. As required by the Companies (Auditors Report) Order, 2003, issued
by the Central Government of India in terms of sub-section (4A) of
Section 227 of the Companies Act, 1956 (hereinafter referred to as the
"Act"), we annex hereto a statement on the matters specified in
paragraphs 4 and 5 of the said Order.
4. Further to our comments in the Annexure referred to in paragraph 3
above, we report that:
(a) We have obtained all the information and explanations, which to the
best of our knowledge and belief were necessary for the purposes of our
audit;
(b) In our opinion, proper books of account as required by law have
been kept by the Company so far as appears from our examination of
those books;
(c) The Balance Sheet, Profit and Loss Account and Cash Flow Statement
dealt with by this report are in agreement with the books of account;
(d) In our opinion, the Balance Sheet, Profit and Loss Account and Cash
Flow Statement dealt with by this report comply with the accounting
standards referred to in sub section (3C) of Section 211 of the Act, to
the extent applicable;
(e) On the basis of written representations received from directors as
on 31st March, 2011, and taken on record by the Board of Directors, we
report that none of the directors is disqualified as on 31st March,
2011 from being appointed as a director of the Company in terms of
clause (g) of sub-section (1) of Section 274 of the Act;
(f) In our opinion and to the best of our information and according to
the explanations given to us, the said accounts read together with
Significant Accounting Policies and Notes to Accounts in Schedule 18
and other notes appearing elsewhere in the accounts, give the
information required by the Act in the manner so required and give a
true and fair view in conformity with the accounting principles
generally accepted in India:
i) in the case of the Balance Sheet, of the state of affairs of the
Company as at 31st March, 2011;
ii) in the case of the Profit & Loss Account, of the profit of the
Company for the year ended on that date; and
iii) in the case of the Cash Flow Statement, of the cash flows for the
year ended on that date.
ANNEXURE REFERRED TO IN PARAGRAPH 3 OF AUDITORS REPORT OF EVEN DATE ON
THE FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31st MARCH, 2011.
On the basis of our examination of the books and records of the Company
carried out in accordance with the auditing standards generally
accepted in India and according to the information and explanations
given to us, we state that:
(i) (a) The Company is maintaining proper records showing full
particulars including quantitative details and situation of fixed
assets.
(b) The assets have been physically verified by the management in
accordance with the phased programme of verification adopted by the
Company, which in our opinion, is reasonable having regard to the size
of the Company and nature of its assets. According to the information
and explanations given to us, no material discrepancies between the
book records and physical inventory were noticed on such verification.
(c) In our opinion and according to the information and explanations
given to us, no substantial part of the fixed assets has been disposed
off by the Company during the year.
(ii) (a) As per the information furnished, the inventories have been
physically verified by the management at reasonable intervals during
the year.
(b) In our opinion, the procedures for physical verification of
inventory followed by the management are reasonable and adequate in
relation to the size of the Company and the nature of its business.
(c) In our opinion and according to the information and explanations
given to us, the Company is maintaining proper records of inventory.
The discrepancies noticed on verification between the physical stock
and book records were not material in relation to the operations of the
Company and have been properly dealt with in the books of account.
(iii) (a) The Company has not granted any loans, secured or unsecured,
to companies, firms or other parties covered in the register maintained
under Section 301 of the Act. Consequently, paragraphs iii(b), iii(c)
and iii(d) of the said Order are not applicable.
(b) The Company has taken unsecured loans by way of fixed deposits from
six parties covered in the register maintained under Section 301 of the
Act. Maximum amount involved during the year and the year-end balances
of such loans were Rs. 165.05 lacs and Rs. 45.30 lacs, respectively.
(c) In our opinion and according to the information and explanations
given to us, the rate of interest and other terms and conditions on
which such loans have been taken by the Company are, prima facie, not
prejudicial to the interest of the Company.
(d) The Company is regular in repayment of principal amount and
interest thereon as stipulated.
(iv) In our opinion and according to the information and explanations
given to us, having regard to the explanations that some of
the items are of special nature and suitable alternate sources do not
exist for obtaining comparative quotations, there is an
adequate internal control system commensurate with the size of the
Company and the nature of its business, for the purchase
of inventory and fixed assets and for the sale of goods and services.
During the course of our audit, we have not observed any
continuing failure to correct major weaknesses in the internal control
system.
(v) (a) According to the information and explanations given to us, we
are of the opinion that the particulars of contracts or
arrangements referred to in Section 301 of the Act have been entered in
the register required to be maintained under that section.
(b) In our opinion and according to the information and explanations
given to us and having regard to what is stated in para (iv) above, the
transactions made in pursuance of such contracts or arrangements
aggregating during the year to Rs. 5,00,000 or more in respect of each
party, have been made at prices which are reasonable having regard to
prevailing market prices at the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the Company has complied with the directives issued by the
Reserve Bank of India, the provisions of Section 58A and 58AA or any
other relevant provisions of the Act and the Companies (Acceptance of
Deposits) Rules, 1975 with regard to the deposits accepted from the
public.
(vii) In our opinion, the Company has an internal audit system
commensurate with the size of the Company and nature of its business.
(viii) We have broadly reviewed the cost records maintained by the
Company pursuant to the Order of the Central Government under Section
209(1 )(d) of the Act and are of the opinion that, prima facie, the
prescribed accounts and records have been made and maintained. However,
we have not made a detailed examination of the records with a view to
determine whether they are accurate or complete.
(ix) (a) According to the information and explanations given and
records examined by us, the Company is generally regular in depositing
undisputed statutory dues including Provident Fund, Investor Education
and Protection Fund, Employees State Insurance, Income Tax, Sales Tax,
Wealth Tax, Service Tax, Customs Duty, Excise Duty, Cess and other
material statutory dues applicable to the Company with the appropriate
authorities. No undisputed amounts payable in respect
of the aforesaid statutory dues were outstanding as at the last day of
the financial year for a period of more than six months from the date
they became payable.
(b) According to the information and explanations given to us and the
records of the Company examined by us, there are no dues of Income Tax,
Wealth Tax, Sales Tax, Service Tax, Customs Duty, Excise Duty, Cess
which have not been deposited on account of any dispute except dues on
account of the following which are being contested by the Company:
Amount Forum where the
S.No. Name of the Dues (Rs. in Year dispute is pending
1. Customs Duty lacs)
Drawback 18.69 1998-
99 Madras High Court
2. Disputed CENVAT
Claim 2.68 2010-
2011 CESTAT, Bangalore
3. Cess on Captive
Generation 15.78 2004-
05 to
2010-
11 Andhra Pradesh
High Court
4. Sales Tax 2.56 2002-
03 and
2003-04
Appellate
Deputy
Commissioner,
Nagpur
5. Agricultural
Marketing Cess 13.75 2010-
11 Andhra Pradesh
High Court
6. Income Tax 88.11 Assess
ment Ye
ar 2002
-03, Kerala
High Court
2003-04
and 200
4-05
7. Income Tax 353.14 Assessm
ent Year
2005-06 Income Tax
Appellate
Tribunal and
Commissioner of
Income Tax
(x) The Company does not have any accumulated losses as at 31s March,
2011 and it has not incurred any cash losses during the financial year
covered by our audit and in the immediately preceding financial year.
(xi) In our opinion and according to the information and explanations
given to us, the Company has not defaulted in repayment of dues to any
financial institution or bank.
(xii) According to the information and explanations given to us, the
Company has not granted any loans and advances on the basis of security
by way of pledge of shares, debentures or other securities.
(xiii) In our opinion and according to the information and explanations
given to us, the nature of the activities of the Company does not
attract any special statute applicable to the chit fund and nidhi /
mutual benefit fund / societies.
(xiv) In our opinion, the Company is not dealing in or trading in
shares, securities, debentures and other investments. Therefore, the
provisions of clause 4 (xiv) of the Companies (Auditors Report) Order,
2003 are not applicable to the Company.
(xv) In our opinion and according to the information and explanations
given to us, the Company has not given any guarantee for loans taken by
others from banks or financial institutions.
(xvi) According to the information and explanations given to us and in
our opinion, the term loans were applied for the purpose for
which they were obtained. (xvii) According to the information and
explanations given to us and on an overall examination of the Cash Flow
Statement and
Balance Sheet of the Company, in our opinion, the funds raised on
short-term basis have, prima facie, not been used for long
term investment.
(xviii) Pursuant to the financial restructuring Scheme approved by the
CDR, during the year the Company has made preferential allotment of
Equity Shares to two companies covered in the Register maintained under
Section 301 of the Act at a price determined in accordance with the
SEBI guidelines and accordingly, it is not prejudicial to the interest
of the Company.
(xix) The Company did not have any outstanding debentures during the
year or in the recent past.
(xx) The Company has not raised any money by way of public issues
during the year or in the recent past.
(xxi) During the course of our examination of the books and records of
the Company, carried out in accordance with the generally accepted
auditing practices in India and according to the information and
explanations given to us, we have neither come across any instances of
fraud on or by the Company, noticed or reported during the year, nor
have we been informed of any such case by the management.
For LODHA & COMPANY
Chartered Accountants
A.M. Hariharan
Partner
M. No.: 38323
Firm Registration No.: 301051E
Place: Mumbai
Date : 26th May, 2011
Mar 31, 2010
1. We have audited the attached Balance Sheet of GTN INDUSTRIES
LIMITED as at 31 st March, 2010, the Profit and Loss Account and also
the Cash Flow Statement for the year ended on that date annexed
thereto. These financial statements are the responsibility of the
Companys management. Our responsibility is to express an opinion on
these financial statements based on our audit.
2. We conducted our audit in accordance with the auditing standards
generally accepted in India.Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the
financial statements are free of material mis-statement. An audit
includes examining, on a test basis, evidence supporting the amounts
and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made
by the management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a reasonable
basis for our opinion.
3 As required by the Companies (Auditors Report) Order, 2003, issued
by the Central Government of India in terms of sub-section (4A) of
Section 227 of the Companies Act, 1956 (hereinafter referred to as the
"Act"), we annex hereto a statement on the matters specified in
paragraphs 4 and 5 of the said Order.
4. Further to our comments in the Annexure referred to in paragraph 3
above, we report that:
(a) We have obtained all the information and explanations, which to the
best of our knowledge and belief were necessary for the purposes of our
audit;
(b) In our opinion, proper books of account as required by law have
been kept by the Company so far as appears from our examination of
those books;
(c) The Balance Sheet, Profit and Loss Account and Cash Flow Statement
dealt with by this report are in agreement with the books of account;
(d) In our opinion, the Balance Sheet, Profit and Loss Account and Cash
Flow Statement dealt with by this report comply with the accounting
standards referred to in Sub -section (3C) of Section 211 of the Act,
to the extent applicable;
(e) On the basis of written representations received from Directors as
on 31 st March, 2010, and taken on record by the Board of Directors, we
report that none of the Directors is disqualified as on 31 st March,
2010 from being appointed as a Director of the Company in terms of
clause (g) of Sub-section (1) of Section 274 of the Act;
(f) In our opinion and to the best of our information and according to
the explanations given to us, the said accounts read together with
Significant Accounting Policies and Notes to Accounts in Schedule 19
and other notes appearing elsewhere in the accounts, give the
information required by the Act in the manner so required and give a
true and fair view in conformity with the accounting principles
generally accepted in India:
i) in the case of the Balance Sheet, of the state of affairs of the
Company as at 31 st March, 2010;
ii) in the case of the Profit & Loss Account, of the loss of the
Company for the year ended on that date; and
iii) in the case of the Cash Flow Statement, of the cash flows for the
year ended on that date.
On the basis of our examination of the books and records of the Company
carried out in accordance with the auditing standards generally
accepted in India and according to the information and explanations
given to us, we state that:
(i) (a) The Company is maintaining proper records showing full
particulars including quantitative details and situation of fixed
assets.
(b) The assets have been physically verified by the management in
accordance with the phased programme of verification adopted by the
Company, which in our opinion, is reasonable having regard to the size
of the Company and nature of its assets. According to the information
and explanations given to us, no material discrepancies between the
book records and physical inventory were noticed on such verification.
(c) In our opinion and according to the information and explanations
given to us, no substantial part of the fixed assets has been disposed
off by the Company during the year.
(ii) (a) As per the information furnished, the inventories have been
physically verified by the management at reasonable intervals during
the year.
(b) In our opinion, the procedures for physical verification of
inventory followed by the management are reasonable and adequate in
relation to the size of the Company and the nature of its business.
(c) In our opinion and according to the information and explanations
given to us, the Company is maintaining proper records of inventory.
The discrepancies noticed on verification between the physical stock
and book records were not material in relation to the operations of the
Company and have been properly dealt with in the books of account.
(iii) (a) The Company has not granted any loans, secured or unsecured,
to companies, firms or other parties covered in the register maintained
under Section 301 of the Act. Consequently, paragraphs iii(b), iii(c)
and iii(d) of the said Order are not applicable.
(b) The Company has taken unsecured loans by way of fixed deposits from
a Company and six other parties covered in the register maintained
under Section 301 of the Act. Maximum amount involved during the year
and the year-end balances of such loans were Rs. 254.05 lacs and Rs.
152.05 lacs, respectively.
(c) In our opinion and according to the information and explanations
given to us, the rate of interest and other terms and conditions on
which such loans have been taken by the Company are, prima facie, not
prejudicial to the interest of the Company.
(d) The Company is regular in repayment of principal amount and
interest thereon, as stipulated.
(iv) In our opinion and according to the information and explanations
given to us, having regard to the explanations that some of the items
purchased are of special nature and suitable alternate sources do not
exist for obtaining comparative quotations, there is an adequate
internal control system commensurate with the size of the Company and
the nature of its business, for the purchase of inventory and fixed
assets and for the sale of goods and services. During the course of our
audit, we have not observed any continuing failure to correct major
weaknesses in the internal control system.
(v) (a) According to the information and explanations given to us, we
are of the opinion that the particulars of contracts or arrangements
referred to in Section 301 of the Act have been entered in the register
required to be maintained under that section.
(b) In our opinion and according to the information and explanations
given to us and having regard to what is stated in para (iv) above, the
transactions made in pursuance of such contracts or arrangements
aggregating during the year to Rs. 5,00,000 or more in respect of each
party, have been made at prices which are reasonable having regard to
prevailing market prices at the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the Company has complied with the directives issued by the
Reserve Bank of India, the provisions of Section 58A and 58AA or any
other relevant provisions of the Act and the Companies (Acceptance of
Deposits) Rules, 1975 with regard to the deposits accepted from the
public.
(vii) In our opinion, the Company has an internal audit system
commensurate with the size of the Company and nature of its business.
(viii) We have broadly reviewed the cost records maintained by the
Company pursuant to the Order of the Central Government under Section
209(1 )(d) of the Act and are of the opinion that, prima facie, the
prescribed accounts and records have been made and maintained. However,
we have not made a detailed examination of the records with a view to
determine whether they are accurate or complete.
(ix) (a) According to the information and explanations given and
records examined by us, the Company is generally regular in depositing
undisputed statutory dues including Provident Fund, Investor Education
and Protection Fund, Employees State Insurance, Income Tax, Sales Tax,
Wealth Tax, Service Tax, Customs Duty, Excise Duty, Cess and other
material statutory dues applicable to the Company with the appropriate
authorities. No undisputed amounts payable in respect of the aforesaid
statutory dues were outstanding as at the last day of the financial
year for a period of more than six months from the date they became
payable.
(x) The Company does not have any accumulated losses as at 31st March,
2010. It has not incurred cash loss during the current financial year
and it had incurred cash loss in the immediately preceding financial
year.
(xi) In our opinion and according to the information and explanations
given to us, considering the Scheme sanctioned by CDR-EG as referred to
in note no. 5 in Schedule 19, the Company has not defaulted in
repayment of dues to any financial institution or bank.
(xii) According to the information and explanations given to us, the
Company has not granted any loans and advances on the basis of security
by way of pledge of shares, debentures or other securities.
(xiii) In our opinion and according to the information and explanations
given to us, the nature of the activities of the Company does not
attract any special statue applicable to the chit fund and nidhi /
mutual benefit fund / societies.
(xiv) In our opinion, the Company is not dealing in or trading in
shares, securities, debentures and other investments. Therefore, the
provisions of clause 4 (xiv) of the Companies (Auditors Report) Order,
2003 are not applicable to the Company.
(xv) In our opinion and according to the information and explanations
given to us, the Company has not given any guarantee for loans taken by
others from banks or financial institutions.
(xvi) According to the information and explanations given to us and in
our opinion, the term loans were applied for the purpose for which they
were obtained.
(xvii) According to the information and explanations given to us and on
an overall examination of the Cash Flow Statement and Balance Sheet of
the Company, in our opinion, the funds raised on short-term basis have,
prima facie, not been used for long term investment.
(xviii) During the year or in the recent past, the Company has not made
any preferential allotment of shares to parties and companies covered
in the Register maintained under Section 301 of the Act.
(xix) The Company did not have any outstanding debentures during the
year or in the recent past.
(xx) The Company has not raised any money by way of public issues
during the year or in the recent past.
(xxi) During the course of our examination of the books and records of
the Company, carried out in accordance with the generally accepted
auditing practices in India and according to the information and
explanations given to us, we have neither come across any instances of
fraud on or by the Company, noticed or reported during the year, nor
have we been informed of any such case by the management.
For LODHA& COMPANY
Chartered Accountants
R.P. Baradiya
Partner
Place : Mumbai M. No.: 44101
Date : 28th May, 2010 Firm Registration No.: 301051E
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GTN Industries Ltd. குறித்த கூடுதல் தகவல்களை
-
GTN Industries Ltd. டூல்ஸ்
- பல்க் டீல்ஸ்
-
GTN Industries Ltd. நிறுவன தகவல்கள்
- நிறுவன சுயவிவரம்
- நிறுவன வரலாறு
- நிர்வாக குழு
- மூலதன வடிவம்
- புராடெக்ட் மிக்ஸ்
- வங்கியாளர்/தணிக்கையாளர்/பதிவாளர்
-
நிறுவன வரலாறு
- மும்பை பங்குச் சந்தையில் விலை வரலாறு
- என்எஸ்இ விலை வரலாறு
-
GTN Industries Ltd. முக்கிய நிதியில் விகிதங்கள்
- விகிதங்கள்
-
GTN Industries Ltd. முடிவுகள்
- காலாண்டு முடிவுகள்
- அரையாண்டு முடிவுகள்
- 9 மாத முடிவுகள்
- வருடாந்திர முடிவுகள்
-
GTN Industries Ltd. நிதியியல் தகவல்கள்
- தணிக்கை முடிவுகள்
- பணப்பாய்வு
- இருப்பு நிலைக்குறிப்பு
-
GTN Industries Ltd. அறிக்கை
- கணக்கியல் கோட்பாடுகள்
- தணிக்கையாளர்கள் அறிக்கை
- இயக்குநர்கள் அறிக்கை
- கணக்கு குறிப்புகள்
-
GTN Industries Ltd. கார்ப்பரேட் அறிவிப்புகள்
- புத்தக முடிவு
- ஈவுத்தொகை
- நிர்வாகக் குழுக் கூட்டங்கள்
