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moneycontrol.com भारत | लेखांकन नीति > Finance - Leasing & Hire Purchase > लेखांकन नीति फॉलोड से साम्यक इंटरनैशनल - बीएसई: 530025, NSE: N.A

साम्यक इंटरनैशनल

बीएसई: 530025  |  NSE: N.A  |  ISIN: INE607G01011  |  Finance - Leasing & Hire Purchase

खोजें साम्यक इंटरनैशनल कनेक्शन मार्च 14
लेखांकन नीति साल : मार्च '15
i. Corporate Information :-
 
 Samyak International Limited (the company) is a public company
 domiciled in India and incorporated under the provisions of the
 Companies Act, 2013. Its shares are listed on two stock exchanges in
 India. The company is engaged in the trading in petroleum product and
 other commodities. The company caters to domestic markets only. Company
 is having Registered Office in Mumbai and Corporate Office at Indore,
 books are kept at Corporate Office.
 
 ii.  Basic of Preparation :-
 
 The financial statements of the company have been prepared in
 accordance with generally accepted accounting principles in India
 (Indian GAAP) to comply with the Accounting Standards notified under
 Section 133 of the Companies Act, 2013 read with Rule 7 of the
 Companies (Accounts) Rules, 2014 and the relevant provisions of the
 Companies Act, 2013 (the 2013 Act)/Companies Act, 1956 (''the 1956
 Act''), as applicable. The accounting poicies adopted in the preparation
 of the financial statements are consistent with those followed in the
 previous year.
 
 iii. Revenue Recognition :-
 
 1.  Income, Expenditure and debit & credit notes are generally
 recognized on accrual basis except tax demand which is recognized on
 Cash basis.
 
 2.  Company is a trading Company, during the financial year it has
 excited trade in various commodities as well as in Shares.
 
 3.  Interest and other income has been recognized on Accrual basis.
 
 4. Company is having Head Office at Mumbai, all the accounts of the
 Head Office has been merged at the end of the year
 
 iv. Fixed Assets :- Tangible
 
 Fixed Assets are stated at Cost less depreciation.
 
 v. Depreciation :- 1. Depreciation on Fixed Assets :- Depreciation on
 tangible fixed assets has been provided on the straight-line method as
 per the useful life prescribed in Schedule II to the Companies Act,
 2013 recalculated as per new norms and accounted for accordingly.
 
 vi. Investments/Stock in Trade :-
 
 1. Investments are classified as long term and Current. Long term
 investments are carried at cost less provision for other than temporary
 diminution, if any, in value of such investments. Current investment
 are carried at lower of cost and fear value.
 
 2. Stock in trade of the scraps have been maintained on the basis of
 first in first out method.
 
 3. Inventories : Closing stock of various commodities is Rs.39.14 Lacs
 and closing stock of share is Rs. 25.42 Lacs.
 
 4. Borrowing Cost : Borrowing cost i.e. interest on vechile loans are
 recognized as revenue expenditure.
 
 I. Terms / Rights attached to equity shares
 
 The Number of equity shares at the beginning of the year and end of the
 year is 6247200 and there is no change during the year.  The Company
 has only one class of equity shares. Each Shares has a paid up value of
 Rs. 10/- every share holder is entitled to one vote per share.
 
 By virture of holding 51% or more Alpha Tar Industries Pvt. Ltd. has
 become Subsidiary Co. of the Saymak International Ltd..
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `566.52 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `183.41 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `800 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `818 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `140.36 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `42.76 Cr की बिकवाली की
  • MARKET CUES : स्टॉक ऑप्शंस में `79.20 Cr की बिकवाली की
  • MS ON TCS : Equal-weight रेटिंग, लक्ष्य `1,980/Sh
  • MS ON TITAN : Equal-weight रेटिंग, लक्ष्य `1240/Sh
  • MS ON ICICI BANK : Overweight रेटिंग, लक्ष्य `665/Sh

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