STL Global Ltd. இன் முடிவுகள்
Mar 31, 2018
Independent Auditorâs Report
To the Members of STL GLOBAL LIMITED Report on the Ind AS Financial statements
We have audited the accompanying Ind AS Financial statements of STL GLOBAL LIMITED (âthe Companyâ), which comprise the Balance Sheet as at March 31, 2018, the Statement of Profit & Loss (including other comprehensive income), the Statement of Cash Flows and the statement of changes in Equity for the year ended on that date, and a summary of significant accounting policies and other explanatory information.
Management''s Responsibility for the Ind AS Financial statements
The Company''s 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 Ind AS Financial statements that give a true and fair view of the financial position, financial performance (including other comprehensive income), cash flows and changes in the equity of the Company in accordance with the accounting principles generally accepted in India, including the Indian Accounting Standards (âInd ASâ) specified under section 133 of the Act, read with relevant rules issued thereunder.
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 Ind AS 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 Ind AS 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 and the Order under section 143(11) of the Act.
We conducted our audit of these Ind AS Financial statements 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 Ind AS Financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the Ind AS Financial statements. The procedures selected depend on the auditor''s judgment, including the assessment of the risk of material misstatement of the Ind AS 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 Ind AS 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 reasonableness of the accounting estimates made by the Company''s Board of Directors, as well as evaluating the overall presentation of the Ind AS 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 Ind AS Financial statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid Ind AS 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 March 31,2018, and its profit (financial performance including other comprehensive income), its cash flows and the changes in equity for the year ended on that date.
Other Matter
The comparative financial information of the Company for the year ended March 31,2017 and the transition date opening balance sheet as at April 1, 2016 included in the Ind AS financial statements, are based on previously issued audited financial statements for the year ended March 31, 2017 and March 31,2016 prepared in accordance with the Companies ( Accounting Standards) Rules, 2006 which were audited by the predecessor auditor whose report for the years ended March 31, 2017 and March 31,2016 dated May 29, 2017 and May 29, 2016 respectively expressed modified/ unmodified opinion on these financial statements. The adjustments to financial statements for the differences in the accounting principles adopted by the Company on transition to the Ind AS, have been audited by us.
Report on other Legal and Regulatory Requirements
1. As required by the Companies (Auditor''s Report) Order, 2016 (âthe Orderâ) issued by the Central Government in terms of sub-section (11) of Section 143 of the Act, we give in the âAnnexure-Aâ a statement on the matters specified in paragraph 3 and 4 of the Order to the extent applicable.
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 purpose 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, the Statement of Profit and Loss (Including other comprehensive income), the Statement of Cash Flows and the Statement of changes in equity dealt with by this Report are in agreement with the books of account;
d) in our opinion, the aforesaid Ind AS Financial statements comply with the applicable Accounting Standards specified under section 133 of the Act, as applicable.
e) on the basis of written representations received from the directors as on March 31, 2018 taken on record by the Board of Directors, none of the directors is disqualified as on March 31, 2018, from being appointed as a director in terms of section 164(2) of the Act; and.
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. Our reports express an unmodified opinion on the adequacy and operating effectiveness of the Company''s internal financial control over financial reporting.
g) 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 explanation given to us :
i. The company has disclosed the impact of pending litigation on its financial position in its Ind AS 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 which were required to be transferred, to the investor Education and protection Fund by the Company during the year.
The Annexure referred to in paragraph 1 under Report on other Legal and Regulatory requirements section of our independent Auditor''s report of even date, we report that:
(i) (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.
(b) The fixed assets were physically verified during the year by the management in accordance with a regular programme of verification which in our opinion provides for physical verification of all the fixed assets at reasonable intervals. According to the information and explanation given to us, no material discrepancies were noticed on such verification.
(c) According to the information and explanation 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.
(ii) As explained to us, the inventories were physically verified during the year by the management at reasonable intervals and no material discrepancies were noticed on physical verification of inventories by the management
(iii) According to the information and explanation given to us and on the basis of our examination of the books of accounts, 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 Companies Act, 2013.
(iv) In our opinion and according to the information and explanations given to us the Company has not granted any loans, made investments or provided guarantee and hence reporting under clause (iv) of the Order is not applicable.
(v) According to the information and explanation given to us The Company has not accepted any deposits from the public covered under section 73 to 76 of the Companies Act, 2013.
(vi) In our opinion and according to the information and explanation given to us, the Central Government has not prescribed the maintenance of cost records under section 148 (1) of the Companies Act, 2013.
(vii) According to the information and explanations given to us, in respect of statutory dues:
(a) The Company is regular in depositing undisputed statutory dues including Provident fund, Employee''s State Insurance, Income tax, Sales tax, Service tax, Excise duty, Custom duty, Value Added Tax, cess and any other statutory dues as applicable to it with the appropriate authorities.
(b) There were no undisputed amount payable in respect of statutory dues payable as at 31st March, 2018 for a period of more than six months from the date they become payable.
(c) According to the information and explanation given to us, the following dues have not been deposited with the concerned authorities on account of dispute -
|
Name of the Statue |
Nature of Dues |
Amount |
Forum where Dispute Rupees is pending |
|
Local Area Development |
Local Area |
47,99,479 |
Jt. Excise & Taxation |
|
Ordiance-2000 |
Development Tax |
Commissioner, Faridabad |
|
|
HVAT Act |
Sale Tax |
21,91,221 |
Jt. Excise & Taxation Commissioner, Faridabad |
|
HVAT Act |
Sale Tax |
30,70,369 |
Jt. Excise & Taxation Commissioner, Faridabad |
(viii) In our opinion and according to the information and explanations given to us, the Company has not defaulted in repayment of loans and interest to bank and financial institutions during the year and are repaying as per rescheduled / restructured by lender.
(ix) In our opinion and according to the information and explanations given to us the Company has not raised money by way of initial public offer (including debt instrument) and term loans during the year and hence reporting under clause (ix) of the order is not applicable.
(x) To the best of our knowledge and according to the information and explanations given to us, no fraud by the Company and no fraud on the Company by its officers or employees has been noticed or reported during the year.
(xi) In our opinion and according to the information and explanations given to us, the Company has paid/provided managerial remuneration in accordance with the requisite approvals mandated by the provisions of Section 197 read with schedule V to the Act.
(xii) The Company is not a Nidhi Company and hence reporting under clause (xii) of the Order is not applicable.
(xiii) In our Opinion and according to the information and explanations given to us the Company is in compliance with Section 177 and 188 of the Act where applicable for all transactions with the related parties and the details of related party transactions have been disclosed in the Ind AS financial statement, as required by the applicable accounting standards.
(xiv) During the Year the company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures hence reporting under clause (xiv) of the Order is not applicable to the Company.
(xv) In our Opinion and according to the information and explanations given to us the Company has not entered into any non-cash transactions with its directors or persons connected with them and hence reporting under clause (xv) of the Order are not applicable to the Company.
(xvi) In our opinion, the company is not required to be registered under section 45 IA of the Reserve Bank of India Act, 1934 and accordingly, the provisions of clause (xvi) of the Order are not applicable to the Company.
Annexure - B to the Independent Auditor''s Report
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (âthe Actâ)
We have audited the internal financial controls over financial reporting of STL Global Limited (âthe Companyâ) as of March 31, 2018 in conjunction with our audit of the Ind AS Financial statements of the Company for the year ended on that date. Management''s Responsibility for Internal Financial Controls
The Company''s 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 Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India(''ICAI''). 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 company''s 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.
Auditors'' Responsibility
Our responsibility is to express an opinion on the Company''s 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 included 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 auditor''s judgment, including the assessment of the risks of material misstatement of the Ind AS 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 Company''s internal financial controls system over financial reporting.
Meaning of Internal Financial Controls Over Financial Reporting
A company''s internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of Ind AS Financial statements for external purposes in accordance with generally accepted accounting principles. A company''s 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 Ind AS 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 company''s assets that could have a material effect on the Ind AS 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, 2018, based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.
For Vishnu Aggarwal Associates
Chartered Accountants
Firm Registration No. : 007231C
Sd/-
(Vishnu Aggarwal)
Proprietor
Membership No. 086573
Place : New Delhi
Date : May 30th 2018
Mar 31, 2016
Independent Auditorâs Report
To the Members of STL GLOBAL LIMITED Report on the Financial Statements
We have audited the accompanying financial statements of STL GLOBAL LIMITED (âthe Companyâ), which comprise the Balance Sheet as at March 31, 2016, the Statement of Profit & Loss and the Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other explanatory information.
Managementâs Responsibility for the Financial Statements
The Company''s Board of Directors of the Company is responsible for the matters stated in Section 134(5) of the Companies Act,2013 (âthe Actâ) with respect to 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 principles generally accepted in India, including the Accounting Standards specified under section 133 of the Act, as applicable.
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 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 and the Order under section 143(11) of the Act.
We conducted our audit of these financial statements 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 risk 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. An audit also includes evaluating the appropriateness of the accounting policies used and reasonableness of the accounting estimates made by the Company''s Board of 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 financial statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid 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 March 31,2016, 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 (Auditor''s Report) Order, 2016 (âthe Orderâ) issued by the Central Government in terms of subsection (11) of Section 143 of the Act, we give in the âAnnexure-Aâ a statement on the matters specified in paragraph 3 and 4 of the Order to the extent applicable.
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 purpose 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, 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 applicable Accounting Standards specified under section 133 of the Act, as applicable.
e) on the basis of written representations received from the directors as on March 31, 2016 taken on record by the Board of Directors, none of the directors is disqualified as on March 31, 2016, from being appointed as a director in terms of section 164(2) of the Act; and.
f) with respect to the adequacy of the internal finance control over financial reporting of the Company and the operating effectiveness of such controls, refer to our separate report in âAnnexure-Bâ. our reports express an unmodified opinion on the adequacy and operating effectiveness of the Company''s internal financial control over financial reporting.
g) 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 explanation given to us :
i. The company has disclosed the impact of pending litigation on its financial position in its 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 not been any occasion in case of the Company during the year under report to transfer any sums to the investor Education and protection Fund. The question of delay in transferring such sums does not arise.
The Annexure referred to in paragraph 1 under Report on other Legal and Regulatory requirements section of our independent Auditor''s report of even date, we report that:
(i) (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.
(b) The fixed assets were physically verified during the year by the management in accordance with a regular programme of verification which in our opinion provides for physical verification of all the fixed assets at reasonable intervals. According to the information and explanation given to us, no material discrepancies were noticed on such verification.
(c ) According to the information and explanation 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.
(ii) (a) As explained to us, the inventories were physically verified during the year by the management at reasonable intervals and no material discrepancies were noticed on physical verification of inventories by the management.
(iii) According to the information and explanation given to us and on the basis of our examination of the books of accounts, 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 Companies Act, 2013.
(iv) In our opinion and according to the information and explanations given to us the Company has not granted any loans, made investments or provided guarantee and hence reporting under clause (iv) of the Order is not applicable.
(v) According to the information and explanation given to us The Company has not accepted any deposits from the public covered under section 73 to 76 of the Companies Act, 2013.
(vi) In our opinion and according to the information and explanation given to us, the Central Government has not prescribed the maintenance of cost records under section 148 (1) of the Companies Act, 2013 .
(vii) According to the information and explanations given to us, in respect of statutory dues:
(a) The Company is regular in depositing undisputed statutory dues including Provident fund, Employee''s State Insurance, Income tax, Sales tax, Service tax, Excise duty, Custom duty, Value Added Tax, cess and any other statutory dues as applicable to it with the appropriate authorities.
(b) There were no undisputed amount payable in respect of statutory dues payable as at 31st March, 2016 for a period of more than six months from the date they become payable.
(c ) According to the information and explanation given to us, the following dues have not been deposited with the concerned authorities on account of dispute -
|
Name of the Statue |
Nature of Dues |
Amount Rupees |
Forum where Dispute is pending |
|
Local Area Development Ordiance-2000 |
Local Area Development Tax |
47,99,479 |
Jt. Excise & Taxation Commissioner, Faridabad |
|
HVAT Act |
Sale Tax |
21,91,221 |
Jt. Excise & Taxation Commissioner, Faridabad |
|
HVAT Act |
Sale Tax |
4,10,939 |
Haryana Sale Tax Appellate Tribunal, Chandigarh |
|
HVAT Act |
Sale Tax |
30,70,369 |
Jt. Excise & Taxation Commissioner, Faridabad |
(viii) In our opinion and according to the information and explanations given to us, the Company has defaulted in repayment of loans and interest to bank and financial institutions. During the Financial year 2013-2014 Punjab National Bank as consortium leader issued Notice u/s 13(2) and further u/s 13(4) of the Securitization & Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002. by declaring accounts as NPA. The Company disputes the validity of the aforesaid notices and has a separate claim for losses due to action/inaction of various parties and filed an Appeal U/s 17 of the same Act before Hon''ble DRT-I Chandigarh and matters are under consideration During the Financial Year Oriental Bank of Commerce, UCO Bank and ICICI Bank have assigned their debts to ARC ie Alchemist Assets Reconstruction Company Limited. Further The Company have entered One time settlement (OTS) with Punjab National Bank and Allahabad Bank.
(ix) In our opinion and according to the information and explanations given to us the Company has not raised money by way of initial public offer (including debt instrument) and term loans during the year and hence reporting under clause (ix) of the order is not applicable.
(x) To the best of our knowledge and according to the information and explanations given to us, no fraud by the Company and no fraud on the Company by its officers or employees has been noticed or reported during the year.
(xi) In our opinion and according to the information and explanations given to us, the Company has paid/provided managerial remuneration in accordance with the requisite approvals mandated by the provisions of Section 197 read with schedule V to the Act.
(xii) The Company is not a Nidhi Company and hence reporting under clause (xii) of the Order is not applicable.
(xiii) In our Opinion and according to the information and explanations given to us the Company is compliance with Section 177 and 188 of the Act where applicable for all transactions with the related parties and the details of related party transactions have been disclosed in the financial statement etc, as required by the applicable accounting standards.
(xiv) During the Year the company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures hence reporting under clause (xiv) of the Order is not applicable to the Company.
(xv) In our Opinion and according to the information and explanations given to us the Company has not entered into any non-cash transactions with its directors or persons connected with them and hence reporting under clause (xv) of the Order are not applicable to the Company.
(xvi) In our opinion, the company is not required to be registered under section 45 IA of the Reserve Bank of India Act, 1934 and accordingly, the provisions of clause (xvi) of the Order are not applicable to the Company.
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 STL Global Limited (âthe Companyâ) as of March 31, 2016 in conjunction with our audit of the financial statements of the Company for the year ended on that date.
Managementâs Responsibility for Internal Financial Controls
The Company''s 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 Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India(''ICAI''). 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 company''s 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 Company''s 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 included 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 auditor''s judgement, 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 Company''s internal financial controls system over financial reporting.
Meaning of Internal Financial Controls Over Financial Reporting
A company''s 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 company''s 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 company''s 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 Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.
For M M Goyal & Co.
Chartered Accountants
Firm Registration No. : 007198N
Sd/-
M.M.Goyal
Partner
Membership No. 86085
New Delhi
May 30th 2016
Mar 31, 2015
We have audited the accompanying financial statements of STL GLOBAL
LIMITED ("the Company"), which comprise the Balance Sheet as at March
31,2015, the Statement of Profit & Loss, the Cash Flow Statement for
the year then ended and a summary of significant accounting policies
and other explanatory information. Management's Responsibility for the
Financial Statements. The management and Board of Directors of the
Company are responsible for the matters stated in Section 134(5) of the
Companies Act,2013 ("the Act") with respect to 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 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 are 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 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. 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 accounting policies used and reasonableness of the
accounting estimates made by the Company's management and Board of
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 financial
statements.
Opinion
In our opinion and to the best of our information and according to the
explanations given to us, the aforesaid 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 March 31,2015, 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 (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 paragraph 3 and 4 of the Order to
the extent applicable.
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
purpose 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, 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
applicable Accounting Standards specified under section 133 of the Act,
read with Rule 7 of the Companies (Accounts) Rules,2014;
e) on the basis of written representations received from the directors
as on March 31, 2015 taken on record by the Board of Directors, none of
the directors is disqualified as on March 31,2015, from being appointed
as a director in terms of section 164(2) of the Act; and.
f) In our opinion and to the best of our information and according to
the explanations given to us, we report as under 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:
i. The company has disclosed the impact of pending litigation on its
financial position in its financial statements. (Please refer note 27
to the financial statements)
ii. The company did not have any long term contracts including
derivative contracts; as such the question of commenting on any
material foreseeable losses thereon does not arise.
iii. There has not been any occasion in case of the Company during the
year under report to transfer any sums to the investor Education and
protection Fund. The question of delay in transferring such sums does
not arise..
The Annexure referred to in our independent Auditor's report to the
members of the Company on the financial statements for the year ended
31st March, 2015, we report that:
(i) (a) The Company has maintained proper records showing full
particulars, including quantitative details and situation of fixed
assets.
(b) As explained to us, fixed assets covering significant value have
been physically verified by the management at reasonable intervals and
no material discrepancies were identified on such verification.
(ii) (a) As explained to us, Inventories have been physically verified
during the year by the management at reasonable intervals.
(b) In our opinion and according to the information and explanations
given to us, the procedures of physical verification of inventories
followed by the management are reasonable and adequate in relation to
the size of the company and nature of its business.
(c) In our opinion and on the basis of our examination of the records,
the company is generally maintaining proper records of inventories and
no material discrepancies were noticed on physical verification of
inventories by the management
(iii) According to the information and explanation given to us and on
the basis of our examination of the books of accounts, 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 Companies Act, 2013.
(iv) In our opinion and according to the information and explanations
given to us and on the basis of our examination of books and records of
the Company, there is an adequate internal control system commensurate
with the size of the company and the nature of its business and no
major weakness has been noticed or reported in the internal control
systems in respect of those areas.
(v) The Company has not accepted any deposits from the public covered
under section 73 to 76 of the Companies Act, 2013.
(vi) In our Opinion and as per information and explanation given to us,
no maintenance of cost records has been prescribed by the Central
Government under section 148 (1) of the Companies Act, 2013.
(vii) (a) According to the information and explanations given to us and
on the basis of our examination of Company's books and records, the
Company is regular in depositing undisputed statutory dues including
provident fund, employee's state insurance, Income tax, sale tax,
wealth tax, service tax, excise duty, custom duty, value added tax,
cess and any other statutory dues as applicable with the appropriate
authorities. And no undisputed statutory dues payable as at 31st March,
2015 for a period of more than six months from the date they become
payable.
(b) According to the information and explanation given to us, the
following dues have not been deposited with the concerned authorities
on account of dispute -
Name of the Statue Nature of Dues Amount Rupees
Local Area Development Local Area 47,99,479
Ordiance-2000 Development Tax
HGST Act Sale Tax 23,12,722
HVAT Act Sale Tax 4,10,939
HVAT Act Sale Tax 30,70,369
Name of the Statue Forum where Dispute is pending
Local Area Development Jt. Excise & Taxation
Ordiance-2000 Commissioner, Faridabad
HGST Act Jt. Excise & Taxation
Commissioner, Faridabad
HVAT Act Haryana Sale Tax
Appellae Tribunal, Chandigarh
HVAT Act Jt. Excise & Taxation
Commissioner, Faridabad
(c) According to the information and explanations given to us there has
not been an occasion in the case of Company during the year under
report to transfer any sums to the investor Education and Protection
Fund. The question of reporting delay in transferring such sums does
not arise;
(viii) . In our opinion and according to the information and
explanation given to us the Company has been registered for more than
five years and its accumulated losses at the end of the financial year
are more than fifty percent of its net worth. The Company has incurred
cash losses during the current financial year covered by our audit and
in the immediately preceding financial year;
(ix) Based on our audit procedures and as per the information and
explanations given to us, the Company has defaulted in repayment of
loans and interest to bank and financial institutions and the Punjab
National Bank as consortium leader issued Notice u/s 13(2) and further
u/s 13(4) of the Securitisation & Reconstruction of Financial Assets
and Enforcement of Security Interest Act,2002. by declaring accounts as
NPA. The Company disputes the validity of the aforesaid notices and has
a separate claim for losses due to action/inaction of various parties
and filed an Appeal U/s 17 of the same Act before Hon'ble DRT-I
Chandigarh and are under consideration;
(x) 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 bank or financial institutions, the terms and conditions
whereof are prejudicial to the interest of the Company;
(xi) In our opinion and according to the information and explanations
given to us, the Company has not raised any term loan s during the
year.
(xii) According to the information and explanations given to us, no
material fraud on or by the Company has been noticed or reported during
the year.
For MM Goyal & Co.
Chartered Accountants
Firm Registration No. : 007198N
M.M.Goyal
Partner Membership No. 86085
New Delhi
May 29th 2015
Mar 31, 2014
We have audited the accompanying financial statements of STL GLOBAL
LIMITED ("the Company"), which comprise the Balance Sheet as at March
31,2014, and the Statement of Profit & Loss and the Cash Flow Statement
for the year then ended, and a summary of significant accounting
policies and other explanatory information.
Management''s Responsibility for the Financial Statements
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").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.
Auditor''s 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
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 disclosures in the financial statements. The procedures
selected depend on the auditor''s judgment, including the assessment of
the risk of material misstatement of the financial statements, whether
due to fraud or error. In making those risk assessments, the auditor
considers 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. An audit also
includes evaluating the appropriateness of accounting policies used and
reasonableness of the accounting estimates made by 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:
(i) In the case of the Balance Sheet, of the state of affairs of the
Company as at March 31,2014;
(ii) In the case of the Statement of Profit & Loss ,of the loss 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.
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 paragraph 4 and 5 of the Order to
the extent applicable.
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 purpose 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 comply with the Accounting Standards referred to in
sub section (3C) of section 211 of the Companies Act, 1956;
e) on the basis of written representations received from the directors
as on March 31, 2014, and taken on record by the Board of Directors,
none of the directors is disqualified as on March 31, 2014, from being
appointed as a director in terms of clause (g) of sub-section (1) of
section 274 of the Companies Act, 1956.
f) Since the Central Government has not issued any notification as to
the rate at which the cess is to be paid under section 441A of the
Companies Act, 1956 nor has it issued any Rules under the said section,
prescribing the manner in which such cess is to be paid, no cess is due
and payable by the Company.
ANNEXURE TO THE AUDITOR''S REPORT
(Referred to in our report of even date to the members of STL Global
Limited as at and for the year ended 31 March,2014)
On the basis of such checks as we considered appropriate and according
to the information and explanation given to us during the course of our
audit, we report that:
(i) (a) The Company is maintaining proper record showing full
particulars including quantitative details and situation of its fixed
assets.
(b) As explained to us, fixed assets covering significant value have
been physically verified by the management at reasonable intervals and
no material discrepancies were identified on such verification.
(c) In our opinion and according to the information and explanations
given to us, fixed assets disposed off during the year were not
substantial; hence it does not affect the Company as a going concern.
(ii) (a) As explained to us, Inventories have been physically verified
during the year by the
management at reasonable intervals.
(b) In our opinion and according to the information and explanations
given to us, the procedures of physical verification of inventories
followed by the management are reasonable and adequate in relation to
the size of the company and nature of its business.
(c) In our opinion and on the basis of our examination of the records,
the company is generally maintaining proper records of inventories. And
no material discrepancies were noticed on physical verification of
stocks by the management as compared to book records.
(iii) (a) According to the information and explanation given to us and
on the basis of our examination
of the books of accounts, 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 Companies Act, 1956.
Accordingly the provisions of clause 4 iii (a) to (d) of the order are
not applicable to the Company.
(b) According to the information and explanation given to us and on the
basis of our examination of the books of accounts, The company has
taken unsecured loan from three parties covered in the register
maintained under section 301 of the Companies Act, 1956, on call basis.
The maximum amount outstanding during the year was Rs. 639.95 lakhs and
the year end balance due to such parties was Rs. 639.95 lakhs.
(c) The same loan is interest free. Other terms and conditions on which
the loan has been taken are prima facie, not prejudicial to the
interest of the company.
(d) In view of our comments in para (iii) (b) and (c) above, clause 4
(iii) (g) of the said order is not applicable.
(iv) In our opinion and according to the information and explanations
given to us, there is generally an adequate internal control procedure
commensurate with the size of the company and the nature of its
business, with regard to purchase of inventory and fixed assets and
payment for expenses and for sale of goods. During the course of our
audit, no major weakness has been noticed in the internal control
systems in respect of those areas.
(v) (a) Based on the audit procedures applied by us and 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 Companies Act, 1956 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 the transactions made in pursuance of such contracts or
arrangements and exceeding the value of Rupees five lakhs have been
made at prices which are reasonable having regard to the prevailing
market prices at the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the company has not accepted any deposit from the public
covered by section 58 A and 58 AA of The Companies Act 1956.
(vii) To the best of our knowledge and according to information and
explanation given to us, the company has an adequate internal audit
system commensurate with its size and nature of its business.
(viii) As per information and explanation given by the management
maintenance of cost records has been prescribed by the Central
Government under section 209 (1) (d) of the Companies Act,1956 in
respect of the company''s products and we are of the opinion that prima
facie the prescribed accounts and records have been made and
maintained.
(ix) (a) according to the books and records as produced and examined by
us, in accordance with
the generally accepted auditing practices in India, the Company is
regular in depositing undisputed statutory dues including provident
fund, employees state insurance, Income tax, sale tax, wealth tax,
service tax, excise duty, custom duty, and cess and other statutory
dues as applicable with the appropriate authorities.
(b) According to the information and explanations given to us, no
undisputed amounts payable in respect of income taxs sale tax, wealth
tax, service tax, excise duty, custom duty and cess were in arrears, as
at 31 March, 2014 for a period of more than six months from the date
they become payable.
(c) According to the information and explanation given to us, the
following dues have not been deposited with the concerned authorities
on account of dispute:
Name of the Statue Nature of Dues Amount Rupees
Local Area Local Area Development 47,99,479
Development Tax Sale Tax
Ordiance-2000
HGST Act Sale Tax 23,12,722
HVAT Act Sale Tax 4,10,939
HVAT Act Sale Tax 30,70,369
Name of the Statute Forum where Dipsute is pending
Local Area Development Jt. Excise & Taxation Commissioner, Faridabad
HGST ACT Jt. Excixe & Taxation Commissioner, Faridabad
HVAT ACT Haryana Sale Tax Appellate Tribunal, Chandigarh
HVAT ACT Jt. Excise & Taxation Commissioner, Faridabad
(x) The Company''s accumulated losses at the end of the financial year
are more than fifty percent of its net worth. The Company has incurred
cash losses during the current financial year covered by our audit and
in the immediately preceding financial year.
(xi) Based on our audit procedures and as per the information and
explanations given to us, the Company has defaulted in repayment of
loans and interest to bank and financial institutions. And the Punjab
National Bank as consortium leader issued Notice u/s 13(2) and further
u/s 13(4) of the Securitisation & Reconstruction of Financial Assets
and Enforcement of Security Interest Act,2002. by declaring accounts as
NPA,The Company disputes the validity of the aforesaid
notices and has a separate claim for losses due to action/inaction of
various parties and filed an Appeal U/s 17 of the same Act before
Hon''ble DRT-I Chandigarh and are under consideration.
(xii) According to the information and explanations given to us and
based on the document and records produced to us, the Company has not
granted any loans and advances on the basis of security by way of
pledge of shares, debentures and other securities during the year.
(xiii) In our opinion, the Company is not a chit fund or a nidhi
/mutual benefit fund /society. Therefore, the provisions of clause
4(xiii) of the order are not applicable to the company.
(xiv) In our opinion and , the company is not dealing or trading in
shares, securities, debentures, and other investments. Accordingly the
provision of clause 4 (xiv) of the order are not applicable.
(xv) According to the information and explanations given to us, in our
opinion the Company has not given any guarantee , the terms and
conditions whereof are prejudicial to the interest of Company, for
loans taken by others from Bank or financial institutions.
(xvi) To the best of our knowledge and according to the information and
explanation given to us. we are of the opinion that, terms loans
availed by the company, 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 Balance Sheet of the company for the
year under report, we are of the opinion that no funds raised on short
term basis have been used for long term investment.
(xviii) Based on the audit procedures performed and the information and
explanations given to us by the management, we report that the Company
has not made any preferential allotment of shares during the year.
(xix) The Company has no outstanding debentures during the period under
audit.
(xx) According to The information and explanation provided to us, the
company has not raised any money by way of public issue during the
year.
(xxi) Based on the audit procedures performed and the information and
explanations given to us, we report that no fraud on or by the Company
has been noticed or reported during the year, nor have we been informed
of such case by the management.
For MM Goyal & Co.
Chartered Accountants
Firm Registration No. : 007198N
(M.M. Goyal)
Partner
New Delhi Membership No. 86085
May 30 2014
Mar 31, 2013
Report on the Financial Statements
We have audited the accompanying financial statements of STL GLOBAL
LIMITED ("the Company"), which comprise the Balance Sheet as at
March 31,2013, and the Statement of Profit & Loss and the Cash Flow
Statement for the year then ended, and a summary of significant
accounting policies and other explanatory information.
Management''s Responsibility for the Financial Statements
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").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.
Auditor''s 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
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 disclosures in the financial statements. The procedures
selected depend on the auditor''s judgment, including the assessment
of the risk of material misstatement of the financial statements,
whether due to fraud or error. In making those risk assessments, the
auditor considers 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.
An audit also includes evaluating the appropriateness of accounting
policies used and reasonableness of the accounting estimates made by
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:
(i) In the case of the Balance Sheet, of the state of affairs of the
Company as at March 31,2013;
(ii) In the case of the Statement of Profit & Loss ,of the loss 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.
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 paragraph 4 and 5 of the Order to
the extent applicable.
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 purpose 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 comply with the Accounting Standards referred to in
sub section (3C) of section 211 of the Companies Act, 1956;
e) on the basis of written representations received from the directors
as on March 31,2013, and taken on record by the Board of Directors,
none of the directors is disqualified as on March 31, 2013, from being
appointed as a director in terms of clause (g) of sub-section (1) of
section 274 of the Companies Act, 1956.
f) Since the Central Government has not issued any notification as to
the rate at which the cess is to be paid under section 441Aof the
Companies Act, 1956 nor has it issued any Rules under the said section,
prescribing the manner in which such cess is to be paid, no cess is due
and payable by the Company.
(Referred to in our report of even date to the members of STL Global
Limited as at and for the year ended 31stMarch,2013) On the basis of
such checks as we considered appropriate and according to the
information and explanation given to us during the course of our audit,
we report that:
(i) (a) The Company is maintaining proper record showing full
particulars including quantitative details and situation of its fixed
assets.
(b) As explained to us, fixed assets covering significant value have
been physically verified by the management at reasonable intervals and
no material discrepancies were identified on such verification.
(c) In our opinion and according to the information and explanations
given to us, fixed assets disposed off during the year were not
substantial; hence it does not affect the Company as a going concern.
(ii) (a) As explained to us, Inventories have been physically verified
during the year by the management at reasonable intervals.
(b) In our opinion and according to the information and explanations
given to us, the procedures of physical verification of inventories
followed by the management are reasonable and adequate in relation to
the size of the company and nature of its business.
(c) In our opinion and on the basis of our examination of the records,
the company is generally maintaining proper records of inventories. And
no material discrepancies were noticed on physical verification of
stocks by the management as compared to book records.
(iii) (a) According to the information and explanation given to us and
on the basis of our examination of the books of accounts, 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 Companies Act, 1956. Accordingly the provisions of clause 4 Hi
(a) to (d) of the order are not applicable to the Company.
(b) According to the information and explanation given to us and on the
basis of our examination of the books of accounts, The company has
taken unsecured loan from Three parties covered in the register
maintained under section 301 of the Companies Act, 1956, on call basis.
The maximum amount outstanding during the year was Rs. 589.95 lakhs and
the yearend balance due to such parties was Rs. 589.95 lakhs.
(c) The same loan is interest free. Other terms and conditions on which
the loan has been taken are prima facie, not prejudicial to the
interest of the company.
(d) In view of our comments in para (iii) (b) and (c) above, clause 4
(iii) (g) of the said order is not applicable.
(iv) In our opinion and according to the information and explanations
given to us, there is generally an adequate internal control procedure
commensurate with the size of the company and the nature of its
business, with regard to purchase of inventory and fixed assets and
payment for expenses and for sale of goods. During the course of our
audit, no major weakness has been noticed in the internal control
systems in respect of those areas.
(v) (a) Based on the audit procedures applied by us and 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 Companies Act, 1956 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 the transactions made in pursuance of such contracts or
arrangements and exceeding the value of Rupees five lakhs have been
made at prices which are reasonable having regard to the prevailing
market prices at the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the company has not accepted any deposit from the public
covered by section 58 A and 58 AA of The Companies Act 1956.
(vii) To the best of our knowledge and according to information and
explanation given to us, the company has an adequate internal audit
system commensurate with its size and nature of its business.
(viii) As per information and explanation given by the management
maintenance of cost records has been prescribed by the Central
Government under section 209 (1) (d) of the Companies Act,1956 in
respect of the company''s products and we are of the opinion that prima
facie the prescribed accounts and records have been made and
maintained.
(ix) (a) according to the books and records as produced and examined by
us, in accordance with the generally accepted auditing practices in
India, the Company is regular in depositing undisputed statutory dues
including provident fund, employees state insurance, Income tax, sale
tax, wealth tax, service tax, excise duty, custom duty, and cess and
other statutory dues as applicable with the appropriate authorities.
(b) According to the information and explanations given to us, no
undisputed amounts payable in respect of income tax, sale tax, wealth
tax, service tax, excise duty, custom duty and cess were in arrears, as
at 31st March, 2013 for a period of more than six months from the date
they become payable.
(c) According to the information and explanation given to us, the
following dues have not been deposited with the concerned authorities
on account of dispute -
SI. Name of the
Statue Nature of Dues Amount Forum where Dis
No. Rupees is pending
1. Income Tax
Act,1961 Income Tax 26,72,030 High Court (Delhi)
2. Local Area
Development Local Area 47,99,479 Jt. Excise &
Taxation
0rdiance-2000 Development
Tax Commissioner.
Faridabad
3. HGST Act Sale Tax 23,12,722 Jt.Excise& Taxation
Commissioner,
Faridabad
4. HVAT Act Sale Tax 4,10,939 HaryanaSale Tax
Appellate Tribunal,
Chandigarh
5. HVAT Act Sale Tax 30,70,369 Jt.Excise& Taxation
Commissioner,
Faridabad
(x) The Company''s accumulated losses at the end of the financial year
are more than fifty percent of its net worth. The Company has incurred
cash losses during the current financial year covered by our audit and
not incurred cash losses in the immediately preceding financial year.
(xi) Based on our audit procedures and as per the information and
explanations given to us, the Company has delayed in repayment of loans
and interest to bank and financial institutions. Total amount unpaid
overdue to bank and financial institutions and banks aggregated to Rs.
3819.72 lakhs including installment due for WCTL& FITL and letter of
credit devolved and interest provision as at march 2013, except in the
case of DBS Bank, which has filed recovery suit against the Company
before the Hon''ble Debt Recovery Tribunal (DRT), further the company
has not provided interest on loan from DBS Bank, as the case is still
to be decided by the Hon''ble DRT.
(xii) According to the information and explanations given to us and
based on the document and records produced to us, the Company has not
granted any loans and advances on the basis of security by way of
pledge of shares, debentures and other securities during the year.
(xiii) In our opinion, the Company is not a chit fund ora nidhi/mutual
benefit fund /society. Therefore, the provisions of clause 4(xiii) of
the order are not applicable to the company.
(xiv) In our opinion and , the company is not dealing or trading in
shares, securities, debentures, and other investments. Accordingly the
provision of clause 4 (xiv) of the order are not applicable.
(xv) According to the information and explanations given to us, in our
opinion the Company has not given any guarantee , the terms and
conditions whereof are prejudicial to the interest of Company, for
loans taken by others from Bank or financial institutions.
(xvi) To the best of our knowledge and according to the information and
explanation given to us. we are of the opinion that, terms loans
availed by the company, 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 Balance Sheet of the company for the
year under report, we are of the opinion that no funds raised on short
term basis have been used for long term investment.
(xviii) Based on the audit procedures performed and the information and
explanations given to us by the management, we report that the Company
has not made any preferential allotment of shares during the year.
(xix) The Company has no outstanding debentures during the period under
audit.
(xx) According to The information and explanation provided to us, the
company has not raised any money by way of public issue during the
year.
(xxi) Based on the audit procedures performed and the information and
explanations given to us, we report that no fraud on or by the Company
has been noticed or reported during the year, nor have we been informed
of such case by the management.
For M M Goyal & Co.
Chartered Accountants
Firm Registration No. : 007198N
Sd/-
M.M.Goyal
Partner
Membership No. 86085
New Delhi
May 28th 2013
Mar 31, 2012
We have audited the attached Balance Sheet of STL GLOBAL LIMITED, as at
31st March 2012, and also the annexed Profit & Loss Account and the
cash flow Statement of the Company for the year ended on that date.
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.
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 misstatement. 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.
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, we enclose in the Annexure a statement
on the matters specified in paragraph 4 and 5 of the said order to the
extent applicable.
Further to our comments in the Annexure referred to 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 purpose of our
audit;
(b) In our opinion, proper books of accounts as required by law have
been kept by the Company so far as appears from our examination of the
books;
(c) The Balance Sheet, Profit & 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 & 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
Companies Act ,1956;
(e) On the basis of written representations received from the
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 in terms of clause
(g) of sub-section (1) of section 274 of the Companies Act,1956;
(f) In our opinion and to the best of our information and according to
the explanations given to us, the said accounts give the information
required by the Companies Act, 1956, in the manner so required and give
a true and fair view in conformity with the accounting principals
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 Profit & Loss Account, of the loss 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 the main Report of even date)
(I) (a) The Company has maintained proper record showing full
particulars including quantitative details and situation of its fixed
assets.
(b) The fixed assets covering significant value have been physically
verified by the management during the year, which in our opinion is
reasonable having regard to the size of the company and nature of its
assets. On the basis of the information and explanations given by the
management, no material discrepancies have been noticed on such
verification.
(c) The Company's assets i.e Land & Building and Plant & machinery
situated at Plot no 4, Sector-6 Faridabad has been disposed off by term
lenders during the year, which is substantial part of Company's fixed
assets.
(ii) (a) The Inventories have been physically verified by the
management at reasonable intervals during the year.
(b) To the best of our knowledge and according to information and
explanation given to us, the procedure of physical verification of
inventories followed by the management are reasonable and adequate in
relation to the size of the company and nature of its business.
(c) To the best of our knowledge and according to information and
explanation given to us, the company has maintained proper records of
inventory. The discrepancies, noticed on the aforesaid verification,
between the physical stocks and stocks as per books have been properly
dealt with in the books of account.
iii) (a) To the best of our knowledge and according to the information
and explanation given to us, the company has not granted any loans,
secured or unsecured to / from companies, firms or other parties
covered in the register maintained under section 301 of the Companies
Act,1956.
(b) The company has taken unsecured loan from Two parties covered in
the register maintained under section 301 of the Companies Act, 1956,
on call basis. The maximum amount outstanding during the year was Rs.
539.95 Lakhs and the year end balance was Rs. 539.95 lakhs.
(c) The same loan is interest free. Other terms and conditions on which
the loan has been taken are prima facie, not prejudicial to the
interest of the company.
(d) In view of our comments in para iii (b) and (c) above, clause 4
(iii) (g) of the said order is not applicable.
(iv) In our opinion and according to the information and explanations
given to us, there is an adequate internal control procedure
commensurate with the size of the company and the nature of its
business, with regard to purchase of inventory, fixed assets and sale
of goods. During the course of our audit, no major weakness has been
noticed in the internal control systems.
(v) (a) To the best of our knowledge and belief and according to
explanations given to us, we are of the opinion that the particulars of
contracts or arrangements referred to in section 301 of the Companies
Act, 1956 have been entered in the register required to be maintained
under that section.
(b) Transaction made in pursuance of such contracts or arrangements
have been made at prices which are reasonable having regard to the
prevailing market prices at the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the company has not accepted any deposit from the public
covered by section 58 A and 58 AA of The Companies Act 1956.
(vii) To the best of our knowledge and according to information and
explanation given to us, the company has an adequate internal audit
system commensurate with its size and nature of its business.
(viii) To the best of our knowledge and according to the information
given to us, The Central Government has not been prescribed maintenance
of cost records under section 209 (1) (d) of the Companies Act,1956 in
respect of the company's products.
(ix) (a) To the best of our knowledge and according to the books and
records as produced and examined by us, in accordance with the
generally accepted auditing practices in India, the Company is regular
in depositing undisputed statutory dues including provident
fund,employees state insurance, Income tax, sale tax, wealth tax,
service tax, excise duty, custom duty, and cess and other statutory
dues as applicable with the appropriate authorities.
(b) According to the information and explanations given to us, no
undisputed amounts payable in respect of income tax, sale tax, wealth
tax, service tax, excise duty, custom duty and cess were in arrears, as
at 31st March, 2012 for a period of more than six months from the date
they become payable.
(c) As at 31st March, 2012, according to the records of the Company and
the information & explanations given to us, the following are the
particulars of dues on account of Income Tax, Sale Tax, wealth tax,
service tax, custom duty, excise duty and cess matters that have not
been deposited on account of any dispute -
Sl. Name of the
Statue Nature of Dues Amount Forum where Dispute
No. Rupees is pending
1. Income Tax
Act, 1961 Income Tax 26,72,030 High Court ( Delhi)
2. Local Area
Development Local Area 47,99,479 Jt. Excise &
Taxation
Ordiance-2000 Development Tax Commissioner,
Faridaba
3. HGST Act Sale Tax 23,12,722 Jt. Excise &
Taxation
Commissioner,
Faridabad
4. HVAT Act Sale Tax 4,10,939 Haryana Sale Tax
Appellate Tribunal,
Chandigarh
(x) The Company's accumulated losses at the end of the financial year
are more than fifty percent of its net worth. Further the Company has
not incurred cash losses during the financial year covered by our audit
, however there was cash loss during the immediately preceding
financial year.
(xi) According to the information and explanations given to us, the
company during the year has not defaulted in repayment of dues to
financial institutions and banks except in the case of DBS Bank, which
has filed recovery suit against the Company before the Hon'ble Debt
Recovery Tribunal (DRT), further the company has not provided interest
on such loans as the case is still to be decided by the Hon'ble DRT.
(xii) The Company during the year has not granted any loans and
advances on the basis of security by way of pledge of shares,
debentures and other securities.
(xiii) The provisions of any special statue as specified under
paragraph (xiii) of the order are not applicable to the company.
(xiv) In our opinion and according to the information and explanations
given to us, the company is not a dealer or trader in securities.
(xv) According to the information and explanations given to us, in our
opinion, the Company has not given any guarantee for loans taken by
others from Bank or financial institutions, the terms and conditions
where of are prejudicial to the interest of the company.
(xvi) To the best of our knowledge and according to the information and
explanation given to us. And on an over all examinations, we are of the
opinion that, terms loans availed by the company, 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 Balance Sheet of the company, funds
raised on short term basis have not been used for long term investment.
(xviii) To the best of our knowledge and as per the information and
explanations given to us the Company has not made any preferential
allotment of shares to the parties and companies covered in the
Register maintained under Section 301 of the Act.
(xix) As there are no debentures outstanding at year-end, paragraph
(xix) of the order is not applicable.
(xx) According to The information provided to us, the company has not
raised any money by way of public issue during the year. Therefore
clause 4(xix) of order is not applicable to the company.
(xxi) According to the information and explanations given to us, during
the year no fraud on or by the company has been noticed or reported.
For M M GOYAL & CO.
Firm Regn. No 007198N
Chartered Accountants
Sd/-
M.M.GOYAL
New Delhi Partner
May 26th 2012 Membership No. 86085
Mar 31, 2010
We have audited the attached Balance Sheet of STL GLOBAL LIMITED, as at
31 st March 2010, and also the annexed Profit & Loss Account and the
cash flow Statement of the Company for the year ended on that date.
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.
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 misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts
and disclosure 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 are asonable
basis for our opinion.
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, we enclose in the Annexure a statement
on the matters specified in paragraph 4 and 5 of the said order to the
extent applicable. Further to our comments in the Annexure referred to
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 purpose of our
audit;
(b) In our opinion, proper books of accounts as required by law have
been kept by the Company so faras appears from our examination of the
books;
(c)The Balance Sheet Profit & 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 & 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
Companies Act, 1956;
(e) On the basis of written representations received from the
Directors, as on 31st 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 in terms of clause
(g) of sub-section (1) of section 274 of the Companies Act, 1956;
(f) In our opinion and to the best of our information and according to
the explanations given to us, the said accounts give the information
required by the Companies Act, 11956, in the manner so required and
give a true and fair view in conformity with the accounting principals
generally accepted in India:
(i)In the case of the Balance Sheet, of the state of affairs of the
Company as at 31st March, 2010.
(ii) In the case of the Profit & Loss Account, of the profitfor the
year ended on that date; and (iii) In the case of the cash flow
statement of the cash flows forth eye are nded on that date.
ANNEXURE (Referred to in the main Report of even date)
(i) (a) The Company has maintained proper record showing full
particulars including quantitative details and situation of its fixed
assets.
(b) The fixed assets covering significant value have been physically
verified by the management during the year, which in our opinion is
reasonable having regard to the size of the company and nature of its
assets. On the basis of the information and explanations given by the
management, no material discrepancies have been noticed on such
verification.
(c) The Company has not disposed off any substantial part of its
fixed assets during the year.
(ii) (a) The Inventories have been physically verified by the
managent at reasonable intervals during the year.
(b) To the best of our knowledge and according to information and
explanation given to us, the procedure of physical verification of
inventories followed by the management are reasonable and adequate in
relation to the size of the company and nature of its business.
(c) To the best of our knowledge and according to information and
explanation given to us, the company has maintained proper records of
inventory. The discrepancies, noticed on the aforesaid verification,
between the physical stocks and stocks as per books have been properly
dealt with in the books of account.
(iii) (a) To the best of our knowledge and according to the information
and explanation given to us, the company has not granted any loans,
secured or unsecured to / from companies, firms or other parties
covered in the register maintained undersection 301 ofthe Companies
Act, 1956.
(b) The company has taken unsecured loan from Three parties covered in
the register maintained undersection 301 of the Companies Act, 1956, on
call basis. The maximum amount outstanding during the year was Rs.
514.95 Lakhs and the year end balance was Rs. 514.95 lakhs.
(c) The same loan is interest free. Other terms and conditions on which
the loan has been taken are prima facie, not prejudicial to the
interest .of the company.
(d) In view of our comments in para iii (b) and (c) above, clause 4
(iii) (g) of the said order is not applicable.
(iv) In our opinion and according to the information and explanations
given to us, there is an adequate internal control procedure
commensurate with the size of the company and the nature of its
business, with regard to purchase of inventory, fixed assets and sale
of goods. During the course of our audit, no majorweakness has been
noticed in the internal control systems.
(v) (a) To the best of our knowledge and belief and according to
explanations given to us, we are of the opinion that the particulars of
contracts or arrangements referred to in section 301 of the Companies
Act, 1956 have been entered in the register required to be maintained
under that section.
(b) Transaction made in pursuance of such contracts or arrangements
have been made at prices which are reasonable having regard to the
prevailing market prices at the relevant time.
(vi) In our opinion and according to the information and explanations
given to us, the company has not accepted any deposit from the public
covered by section 58 Aand 58 AA of The Companies Act 1956.
(vii) To the best of our knowledge and according to information and
explanation given to us, the company has an adequate internal audit
system commensurate with its size and nature of its business.
(viii) To the best of our knowledge and according to the information
given to us, The Central Government has not been prescribed maintenance
of cost records under section 209 (1) (d) of the Companies Act, 1956 in
respect of the companys products.
(ix) (a) To the best of our knowledge and according to the books and
records as produced and examined by us, in accordance with the
generally accepted auditing practices in India, the Company is regular
in depositing undisputed statutory dues including provident fund,
employees state insurance, Income tax, sale tax, wealth tax, service
tax, excise duty, custom duty, and cess and other statutory dues as
applicable with the appropriate authorities.
(b) According to the information and explanations given to us, no
undisputed amounts payable in respect of income tax, sale tax, wealth
tax, service tax, excise duty, custom duty and cess were in arrears, as
at 31s, March, 2010 for a period of more than six months from the date
they become payable.
(c) As at 31st March, 2010, according to the records of the Company and
the information & explanations given to us, the following are the
particulars of dues on account of Income Tax, Sale Tax, wealth tax,
service tax, custom duty, excise duty and cess matters that have not
been deposited on account of anydispute-
Sl. Name of the Statue Nature of Dues Amount Forum where Dispute
No. Rupees is pending
1. Income TaxAct, 1961 Income Tax 26,72,030 High Court (Delhi)
2. Local Area
Development Local Area 47,99,479 Jt. Excise &
Taxation
Ordiance-2000 Development
Tax Commissioner,
Faridabad
3. HGSTAct Sale Tax 23,12,722 Jt. Excise &
Taxation
Commissioner,
Faridabad
4. HVATAct Sale Tax 28,80,978 Jt. Excise &
Taxation
Commissioner,
Faridabad
5. HVATAct Sale Tax 4,10,939 Haryana
Sale Tax
Appellate
Tribunal,
Chandigarh
6 Income TaxAct.1961 Penalty 2,22,278 ITAT Delhi
7 Income Tax Act, 1961 Penalty 3,07,148 CIT (Appeal),
Delhi
(x) The Companys accumulated losses at the end of the financial year
are less than fifty percent of its net worth. Further the Company has
incurred cash losses of Rs 2860.62 Lakhs in the current year and Nil
during the immediately preceding financial year.
(xi) According to the information and explanations given to us, the
company during the year has not defaulted in repayment of dues to
financial institutions and banks.
(xii) The Company during the year has not granted any loans and
advances on the basis of security by way of pledge of shares,
debentures and other securities.
(xiii) The provisions of any special statue as specified under
paragraph (xiii) of the order are not applicable to the company.
(xiv) In our opinion and according to the information and explanations
given to us, the company is not a dealer or trader in Securities
(xv) According to the information and explanations given to us, in our
opinion, the Company has not given any guarantee for loans taken by
others from Bank or financial institutions, the terms and conditions
where of are prejudicial to the interest of the company.
(xvi) To the best of our knowledge and according to the information and
explanation given to us. And on an overall examinations, we are of the
opinion that, terms loans availed by the company, have been, applied
forthe purpose for which they were raised.
(xvii) According to the information and explanations given to us, and
on an overall examination of the Balance Sheet of the company, funds
raised on short term basis have not been used for long term investment.
(xviii) To the best of our knowledge and as per the information and
explanations given to us the Company has not made any preferential
allotment of shares to the parties and companies covered in the
Register maintained under Section 301 of theAct.
(xix) As there are no debentures outstanding at year-end, paragraph
(xix) of the order is not applicable.
(xx) According to The information provided to us, the company has not
raised any money by way of public issue during the year. Therefore
clause 4(xix) of order is not applicable to the company.
(xxi) According to the information and explanations given to us, during
the year no fraud on or by the company has been noticed or reported.
For M.M.GOYAL & CO.
Chartered Accountants
M.M.GOYAL
New Delhi Partner
May 28th 2010 Membership No. 86085
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STL Global Ltd. குறித்த கூடுதல் தகவல்களை
-
STL Global Ltd. டூல்ஸ்
- பல்க் டீல்ஸ்
-
STL Global 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
-
STL Global Ltd. முக்கிய நிதியில் விகிதங்கள்
- விகிதங்கள்
-
STL Global Ltd. முடிவுகள்
- காலாண்டு முடிவுகள்
- அரையாண்டு முடிவுகள்
- 9 மாத முடிவுகள்
- வருடாந்திர முடிவுகள்
-
STL Global Ltd. நிதியியல் தகவல்கள்
- தணிக்கை முடிவுகள்
- பணப்பாய்வு
- இருப்பு நிலைக்குறிப்பு
-
STL Global Ltd. அறிக்கை
- கணக்கியல் கோட்பாடுகள்
- தணிக்கையாளர்கள் அறிக்கை
- இயக்குநர்கள் அறிக்கை
- கணக்கு குறிப்புகள்
-
STL Global Ltd. கார்ப்பரேட் அறிவிப்புகள்
- புத்தக முடிவு
- நிர்வாகக் குழுக் கூட்டங்கள்
