The document is the Directors' Report of REHVAR INFRASTRUCTURE PRIVATE LIMITED for the financial year 2020-21. It summarizes the key financial highlights including a net loss for the year. It also provides details such as the number of board meetings held, an extract of the annual return, and the Directors' Responsibility Statement. The Directors are hopeful about future growth but unable to recommend a dividend or transfer funds to reserves due to losses incurred during the year.
Carmichael Rail and Port Singapore Holdings 2015 Annual Report.pdfHindenburg Research
This document contains the audited financial statements of Carmichael Rail and Port Singapore Holdings Pte Ltd and its subsidiaries for the financial year from 28 August 2014 to 31 March 2015. It reported a net loss of $25.1 million for the year, with total current liabilities exceeding total current assets by $67.5 million, resulting in net liabilities of $25.2 million. Going concern assumptions apply on the basis of loan facilities provided by related Adani group companies.
Sunbourne (previously Adani Developers) 2012 Annual Report.pdfHindenburg Research
The document is an auditor's report on the financial statements of Adani Developers Private Limited for the period of April 1, 2011 to March 31, 2012. The auditor issued a clean report and did not note any qualifications. However, the auditor drew attention to an interest free loan given to a related party where the terms of repayment were not specified. The auditor was unable to comment on the regularity of repayment of this loan.
The document discusses the history and development of chocolate over centuries. It details how cocoa beans were first used by Mesoamerican cultures before being introduced to Europe, where it became popular in drinks and confections. The document also notes that modern chocolate production methods were established in the 19th century to allow chocolate to be consumed on a larger scale worldwide.
The Board of Directors of Adani Infra (India) Limited provided a summary of the company's financial performance for the financial year ended March 31, 2021 in their report. Key highlights included total income of Rs. 2638.48 Crore compared to Rs. 1790.39 Crore in the previous year. Profit after tax was Rs. 12.11 Crore compared to Rs. 5.17 Crore previously. The Board did not recommend a dividend for the financial year. Material developments during the year included conversion and redemption of debentures and issuance of new debentures.
- The directors have summarized the financial performance and key financial figures of Adani Estates Private Limited for the financial year 2020-21.
- There were no significant changes that affected the company's financial position between the financial year end and the date of the report.
- The directors do not recommend any dividend for the year and have not transferred any amount to reserves.
- Details regarding related party transactions, board meetings, internal financial controls, and appointment of directors have been provided.
The document contains the annual report of Adani Estates Private Limited for the financial year 2019-20. It includes information such as the company's principal business activities, details of subsidiaries and associates, composition of the board of directors, extracts from financial statements, and disclosures as required under various acts. The company was involved in construction activities and reported a sales income of Rs. 177.24 crores compared to Rs. 298.5 crores in the previous year, incurring a loss before tax of Rs. 6.53 crores.
Carmichael Rail and Port Singapore Holdings 2015 Annual Report.pdfHindenburg Research
This document contains the audited financial statements of Carmichael Rail and Port Singapore Holdings Pte Ltd and its subsidiaries for the financial year from 28 August 2014 to 31 March 2015. It reported a net loss of $25.1 million for the year, with total current liabilities exceeding total current assets by $67.5 million, resulting in net liabilities of $25.2 million. Going concern assumptions apply on the basis of loan facilities provided by related Adani group companies.
Sunbourne (previously Adani Developers) 2012 Annual Report.pdfHindenburg Research
The document is an auditor's report on the financial statements of Adani Developers Private Limited for the period of April 1, 2011 to March 31, 2012. The auditor issued a clean report and did not note any qualifications. However, the auditor drew attention to an interest free loan given to a related party where the terms of repayment were not specified. The auditor was unable to comment on the regularity of repayment of this loan.
The document discusses the history and development of chocolate over centuries. It details how cocoa beans were first used by Mesoamerican cultures before being introduced to Europe, where it became popular in drinks and confections. The document also notes that modern chocolate production methods were established in the 19th century to allow chocolate to be consumed on a larger scale worldwide.
The Board of Directors of Adani Infra (India) Limited provided a summary of the company's financial performance for the financial year ended March 31, 2021 in their report. Key highlights included total income of Rs. 2638.48 Crore compared to Rs. 1790.39 Crore in the previous year. Profit after tax was Rs. 12.11 Crore compared to Rs. 5.17 Crore previously. The Board did not recommend a dividend for the financial year. Material developments during the year included conversion and redemption of debentures and issuance of new debentures.
- The directors have summarized the financial performance and key financial figures of Adani Estates Private Limited for the financial year 2020-21.
- There were no significant changes that affected the company's financial position between the financial year end and the date of the report.
- The directors do not recommend any dividend for the year and have not transferred any amount to reserves.
- Details regarding related party transactions, board meetings, internal financial controls, and appointment of directors have been provided.
The document contains the annual report of Adani Estates Private Limited for the financial year 2019-20. It includes information such as the company's principal business activities, details of subsidiaries and associates, composition of the board of directors, extracts from financial statements, and disclosures as required under various acts. The company was involved in construction activities and reported a sales income of Rs. 177.24 crores compared to Rs. 298.5 crores in the previous year, incurring a loss before tax of Rs. 6.53 crores.
Adani Developers (later renamed Sunbourne) 2013 Annual Report.pdfHindenburg Research
The document is an auditor's report for Adani Developers Private Limited for the period of April 1, 2011 to March 31, 2012. The auditor gave an unqualified opinion and did not note any qualifications, reservations or adverse remarks. Specifically, the auditor stated that the company maintained proper records of fixed assets, conducted physical verification of inventories, and complied with statutory dues payments. The auditor also confirmed the company had an adequate internal control and internal audit system.
The notice announces that the 12th Annual General Meeting of Milestone Tradelinks Private Limited will be held on September 30th, 2013 to transact ordinary business such as adopting audited financial statements and appointing auditors, as well as special business regarding appointing Mr. Dipak A. Shah as a director. It provides details on the meeting location, agenda items, and notes on appointing proxies.
The document is the director's report from the annual financial statements of PMC Projects (India) Private Limited for the period of April 1, 2020 to March 31, 2021. It summarizes the company's financial performance including revenues of Rs. 21,59,584 and a net loss of Rs. 11,39,18,846. It provides details on the board of directors and key managerial personnel, material changes, loans and investments, deposits, subsidiaries and associates, and the director's responsibility statement.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The directors presented the 20th annual report of the company. Some key details include:
- Net profit for the year was Rs. 36.88 million compared to Rs. 84.05 million in the previous year.
- 16 board meetings were held during the year and attendance of directors is provided.
- 2 CSR committee meetings were held and attendance is provided.
- The directors ensured compliance with accounting standards and laws in preparing financial statements.
- No independent directors are required since the company is private limited.
- Statutory auditors were appointed until the 24th AGM to be held in 2025.
- Particulars of loans, guarantees and investments are disclosed in financial statements.
The document is the director's report of Sunbourne Developers Private Limited for the financial year 2019-2020. It summarizes that the company's sales income was Rs. 4972.30 lakhs for the year but incurred a net loss before tax of Rs. 2224.03 lakhs. It discloses that 10 board meetings were held during the year and no dividend is recommended. The report also provides brief details on energy conservation, technology absorption, foreign exchange earnings/outgo, and extracts of annual return as required by law.
Adani Infrastructure Management Services 2022 Annual Report.pdfHindenburg Research
The document is the annual report of Adani Infrastructure Management Services Limited for the period of April 1, 2021 to March 31, 2022. It includes information such as the company name and corporate identity number, addresses of registered offices, principal business activities, shareholding patterns, indebtedness details, and directors' details. The principal business activity contributing 100% of the turnover is construction/erection and maintenance of power, telecommunication and transmission lines.
This document is a show cause notice from the Directorate of Revenue Intelligence to Adani Power Maharashtra Limited and Adani Power Rajasthan Limited regarding gross overvaluation of goods imported by the companies. Intelligence indicated the Adani group was inflating import invoices through an intermediary company in Dubai called Electrogen Infra FZE to siphon money abroad. Documents obtained from banks show Electrogen Infra FZE had close ties to the Adani group, including a former Adani employee as its representative. The notice questions imports made by the two Adani companies on the basis of inflated invoices from Electrogen Infra FZE.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against developing mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
This document summarizes the financial statements of Milestone Tradelinks Private Limited for the period of April 1, 2014 to March 31, 2015. It provides details such as the company name, corporate identity number, address, type of industry, date of board meeting when accounts were approved, and nature of the report. It also includes information on shareholding patterns, details of contracts/arrangements not at arm's length, and details of the top ten shareholders.
This document discusses import contracts between Adani Power Maharashtra Ltd (APML) and Adani Power Rajasthan Ltd (APRL) with Sichuan Machinery & Equipment FZE (later known as Electrogen Infra FZE) for equipment to set up power generation projects. It notes that APML and APRL imported equipment on a turnkey basis from Sichuan/Electrogen for phases I-III of a project in Maharashtra and a project in Rajasthan. The imports were registered for duty-free clearance under project import regulations. The customs department alleges over-valuation in these imports routed through an intermediary. The adjudication authority dropped the show cause notice issued to the parties. The customs appeal
This document summarizes the auditor's report on the consolidated financial statements of Adani Properties Private Limited for the period of April 1, 2016 to March 31, 2017. The auditor issued a qualified opinion because one of the subsidiaries, Adani Infrastructure and Developers Private Limited, did not recognize a loss of Rs. 22,27,50,000 in the year ended March 31, 2013 related to cancellation of property sale agreements. The auditor also draws attention to the fact that some subsidiaries have ongoing losses and negative net current assets, as well as issues regarding the negative net worth of Delhi Golf Link Properties Private Limited.
This document is a Form 388 lodged with the Australian Securities and Investments Commission (ASIC) by North Queensland Export Terminal Holdings Pty Ltd. It includes the company's financial statements and audit report for the year ended 31 March 2022.
The audit report issued by BDO Audit Pty Ltd includes an unmodified opinion and states that the financial statements give a true and fair view of the company's financial position and comply with Australian accounting standards. However, the audit report also draws attention to a material uncertainty about the company's ability to continue as a going concern.
The document includes details of the company such as its name, ACN, auditor, and financial year end date. It also certifies that the
This document provides corporate information and financial statements for Gudami International Pte Ltd for the year ended 31 March 2007. It includes details such as the board of directors, registered office, auditors, directors' shareholdings, balance sheet, profit and loss statement, cash flow statement, and notes to the financial statements. The key information is that Gudami International is a Singapore-incorporated company involved in imports and exports, with Chang Chung-Ling and Chew Bee Choo listed as directors, and it reported a net profit of $89,072 for the financial year ended 31 March 2007.
Adani Infrastructure and Management Services 2020 Annual Report.pdfHindenburg Research
The document provides financial highlights and other details from the Directors' Report of Adani Infrastructure Management Services Limited for FY 2019-20. It summarizes that the company's total income increased to Rs. 602.83 crores from Rs. 144.41 crores in the previous year. Net profit for FY 2019-20 was Rs. 22.12 crores compared to Rs. 5.64 crores in the previous year. No dividend was recommended to conserve resources for operations and business expansion. There were no changes to the board of directors or material changes affecting the company's financial position during the year.
The Directors' Report summarizes the financial performance and state of affairs of PMC Projects (India) Private Limited for the financial year ending March 31, 2019. It provides highlights such as total revenue of Rs. 12.98 crores compared to Rs. 151.07 crores last year. Net profit was Rs. 0.36 crores with EPS of Rs. 1.27. No dividend is recommended in order to conserve resources. There were no changes to the board of directors or key managerial personnel during the year.
Adani Developers (later renamed Sunbourne) 2013 Annual Report.pdfHindenburg Research
The document is an auditor's report for Adani Developers Private Limited for the period of April 1, 2011 to March 31, 2012. The auditor gave an unqualified opinion and did not note any qualifications, reservations or adverse remarks. Specifically, the auditor stated that the company maintained proper records of fixed assets, conducted physical verification of inventories, and complied with statutory dues payments. The auditor also confirmed the company had an adequate internal control and internal audit system.
The notice announces that the 12th Annual General Meeting of Milestone Tradelinks Private Limited will be held on September 30th, 2013 to transact ordinary business such as adopting audited financial statements and appointing auditors, as well as special business regarding appointing Mr. Dipak A. Shah as a director. It provides details on the meeting location, agenda items, and notes on appointing proxies.
The document is the director's report from the annual financial statements of PMC Projects (India) Private Limited for the period of April 1, 2020 to March 31, 2021. It summarizes the company's financial performance including revenues of Rs. 21,59,584 and a net loss of Rs. 11,39,18,846. It provides details on the board of directors and key managerial personnel, material changes, loans and investments, deposits, subsidiaries and associates, and the director's responsibility statement.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The directors presented the 20th annual report of the company. Some key details include:
- Net profit for the year was Rs. 36.88 million compared to Rs. 84.05 million in the previous year.
- 16 board meetings were held during the year and attendance of directors is provided.
- 2 CSR committee meetings were held and attendance is provided.
- The directors ensured compliance with accounting standards and laws in preparing financial statements.
- No independent directors are required since the company is private limited.
- Statutory auditors were appointed until the 24th AGM to be held in 2025.
- Particulars of loans, guarantees and investments are disclosed in financial statements.
The document is the director's report of Sunbourne Developers Private Limited for the financial year 2019-2020. It summarizes that the company's sales income was Rs. 4972.30 lakhs for the year but incurred a net loss before tax of Rs. 2224.03 lakhs. It discloses that 10 board meetings were held during the year and no dividend is recommended. The report also provides brief details on energy conservation, technology absorption, foreign exchange earnings/outgo, and extracts of annual return as required by law.
Adani Infrastructure Management Services 2022 Annual Report.pdfHindenburg Research
The document is the annual report of Adani Infrastructure Management Services Limited for the period of April 1, 2021 to March 31, 2022. It includes information such as the company name and corporate identity number, addresses of registered offices, principal business activities, shareholding patterns, indebtedness details, and directors' details. The principal business activity contributing 100% of the turnover is construction/erection and maintenance of power, telecommunication and transmission lines.
This document is a show cause notice from the Directorate of Revenue Intelligence to Adani Power Maharashtra Limited and Adani Power Rajasthan Limited regarding gross overvaluation of goods imported by the companies. Intelligence indicated the Adani group was inflating import invoices through an intermediary company in Dubai called Electrogen Infra FZE to siphon money abroad. Documents obtained from banks show Electrogen Infra FZE had close ties to the Adani group, including a former Adani employee as its representative. The notice questions imports made by the two Adani companies on the basis of inflated invoices from Electrogen Infra FZE.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against developing mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
This document summarizes the financial statements of Milestone Tradelinks Private Limited for the period of April 1, 2014 to March 31, 2015. It provides details such as the company name, corporate identity number, address, type of industry, date of board meeting when accounts were approved, and nature of the report. It also includes information on shareholding patterns, details of contracts/arrangements not at arm's length, and details of the top ten shareholders.
This document discusses import contracts between Adani Power Maharashtra Ltd (APML) and Adani Power Rajasthan Ltd (APRL) with Sichuan Machinery & Equipment FZE (later known as Electrogen Infra FZE) for equipment to set up power generation projects. It notes that APML and APRL imported equipment on a turnkey basis from Sichuan/Electrogen for phases I-III of a project in Maharashtra and a project in Rajasthan. The imports were registered for duty-free clearance under project import regulations. The customs department alleges over-valuation in these imports routed through an intermediary. The adjudication authority dropped the show cause notice issued to the parties. The customs appeal
This document summarizes the auditor's report on the consolidated financial statements of Adani Properties Private Limited for the period of April 1, 2016 to March 31, 2017. The auditor issued a qualified opinion because one of the subsidiaries, Adani Infrastructure and Developers Private Limited, did not recognize a loss of Rs. 22,27,50,000 in the year ended March 31, 2013 related to cancellation of property sale agreements. The auditor also draws attention to the fact that some subsidiaries have ongoing losses and negative net current assets, as well as issues regarding the negative net worth of Delhi Golf Link Properties Private Limited.
This document is a Form 388 lodged with the Australian Securities and Investments Commission (ASIC) by North Queensland Export Terminal Holdings Pty Ltd. It includes the company's financial statements and audit report for the year ended 31 March 2022.
The audit report issued by BDO Audit Pty Ltd includes an unmodified opinion and states that the financial statements give a true and fair view of the company's financial position and comply with Australian accounting standards. However, the audit report also draws attention to a material uncertainty about the company's ability to continue as a going concern.
The document includes details of the company such as its name, ACN, auditor, and financial year end date. It also certifies that the
This document provides corporate information and financial statements for Gudami International Pte Ltd for the year ended 31 March 2007. It includes details such as the board of directors, registered office, auditors, directors' shareholdings, balance sheet, profit and loss statement, cash flow statement, and notes to the financial statements. The key information is that Gudami International is a Singapore-incorporated company involved in imports and exports, with Chang Chung-Ling and Chew Bee Choo listed as directors, and it reported a net profit of $89,072 for the financial year ended 31 March 2007.
Adani Infrastructure and Management Services 2020 Annual Report.pdfHindenburg Research
The document provides financial highlights and other details from the Directors' Report of Adani Infrastructure Management Services Limited for FY 2019-20. It summarizes that the company's total income increased to Rs. 602.83 crores from Rs. 144.41 crores in the previous year. Net profit for FY 2019-20 was Rs. 22.12 crores compared to Rs. 5.64 crores in the previous year. No dividend was recommended to conserve resources for operations and business expansion. There were no changes to the board of directors or material changes affecting the company's financial position during the year.
The Directors' Report summarizes the financial performance and state of affairs of PMC Projects (India) Private Limited for the financial year ending March 31, 2019. It provides highlights such as total revenue of Rs. 12.98 crores compared to Rs. 151.07 crores last year. Net profit was Rs. 0.36 crores with EPS of Rs. 1.27. No dividend is recommended in order to conserve resources. There were no changes to the board of directors or key managerial personnel during the year.
Ebix Payment Services Private Limited Fiscal Year End 2021 Financial StatementsHindenburg Research
The document is the director's report of EBIX Payment Services Private Limited for the financial year ending March 31, 2021. It provides details such as the names of directors signing the report, principal business activities contributing over 10% of turnover, and extracts of annual returns. It summarizes the company's performance, proposes to transfer profits to reserves, and notes the resignation of two directors during the year. The report also covers CSR initiatives, risk management, internal controls, and the convening of an annual general meeting.
The directors have presented the annual report and audited financial statements for the year ended March 31, 2018. Some key highlights include:
- Revenue from operations increased to Rs. 151.07 crores from Rs. 51.39 crores the previous year.
- Net profit for the year was Rs. 1.28 crores compared to Rs. 7.86 crores last year.
- No dividend was recommended due to lack of distributable profits.
- Mr. Ambar Dave was appointed as an additional director and Mr. Kailash Verma and Mr. Swadesh Mathura resigned from their positions as directors.
The auditor's report summarizes that:
1) The company has maintained proper records of fixed assets and physical verification was conducted.
2) Statutory dues have generally been regularly deposited with the authorities.
3) There were no material uncertainties that may cast doubt on the company's ability to continue as a going concern.
The document provides financial statements for PMC Projects (India) Private Limited for the period of April 1, 2016 to March 31, 2017. It includes information on the company such as its corporate identity number, address, nature of business, and disclosure of principal products. It also contains the director's report which discusses items such as the number of board meetings held, extract of annual return, and director's responsibility statement.
The document is the annual report of Adani Logistics Limited for the financial year 2020-2021. It provides details of the company's financial performance including total income of Rs. 80,810.01 lakhs and profit for the year of Rs. 11,066.39 lakhs. It discusses the company's operational performance including details of logistics parks, CFS/Exim yards operated, and future expansion plans. It also provides information on subsidiaries and changes during the year.
The auditor's report summarizes the audit of PMC Projects (India) Private Limited's financial statements for the period ending March 31, 2011. The auditor conducted the audit in accordance with auditing standards and obtained necessary information to provide an opinion. The auditor stated that the company maintained proper records and books of accounts. The financial statements were prepared in accordance with accounting standards and gave a true and fair view. No fraud or statutory dues defaults were reported. The auditor provided an unqualified opinion on the financial statements.
Adani Infrastructure and Management Services 2021 Annual Report.pdfHindenburg Research
The document is the annual report of Adani Infrastructure Management Services Limited for the period of April 1, 2020 to March 31, 2021. It provides details such as the name and address of the company, its principal business activities, details of its holding and subsidiary companies, shareholding pattern, and indebtedness. It also includes disclosures mandated under various sections of Company Law such as the director's report, annual return, internal financial controls, and details of remuneration of directors.
Adani Infrastructure and Management Services 2019 Annual Report.pdfHindenburg Research
Adani Infrastructure Management Services Limited reported total revenue of Rs. 144.41 crores for FY 2018-19 compared to Rs. 49.77 crores in the previous year. The profit after tax increased to Rs. 5.64 crores from Rs. 4.25 crores last year. The board has not recommended any dividend for FY 2018-19 in order to conserve resources for operational purposes and business expansion.
The document is the standalone balance sheet of PMC Projects (India) Private Limited for the period of April 1, 2012 to March 31, 2013. It includes details such as the name and address of the company, details of the directors and auditors, disclosures from the director's report on the company's performance, status of statutory dues, and the auditor's report. The auditor's report contains standard disclosures and does not note any qualifications.
The auditor's report provides an unmodified opinion on the financial statements of Pmc Projects (India) Private Limited for the period 01/04/2013 to 31/03/2014. The auditor found that the company has maintained proper records of fixed assets, inventories and loans. Internal control procedures for purchase, sale and fixed assets were adequate. The company has not accepted any deposits from the public. Statutory dues have generally been regularly paid, with no material disputed amounts. No frauds were reported during the period.
The document is the condensed consolidated interim financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the period ended March 31, 2020. It includes the condensed consolidated statements of financial position, comprehensive income, changes in equity, and cash flows. Key information includes total assets of W32.24 trillion as of March 31, 2020, profit for the period of W85.86 billion, and total comprehensive income for the period of W24.37 billion.
Adani Infrastructure and Management Services 2018 Annual Report.pdfHindenburg Research
- Adani Infrastructure Management Services Limited is an infrastructure management company incorporated in 2017 and headquartered in Ahmedabad, India.
- It is a wholly owned subsidiary of Adani Properties Private Limited and is engaged in the business of construction, erection and maintenance of power, telecommunication and transmission lines.
- In its first year of operations from June 2017 to March 2018, the company reported a turnover of Rs. 49.49 crore from its core business activities.
- The document is the condensed consolidated interim financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the period ended September 30, 2021.
- It includes statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements.
- The independent auditors' review report indicates that the financial statements were reviewed in accordance with relevant standards and provide a true and fair view of the financial position and performance of the company.
This document is the condensed consolidated interim financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the period ending March 31, 2021. It includes the condensed consolidated statement of financial position, condensed consolidated statements of comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements. The independent auditors' review report verifies that the financial statements were prepared according to accounting standards and that the review did not find any material misstatements.
- Walker Chandiok & Co LLP, chartered accountants, reviewed Kennametal India Limited's consolidated unaudited quarterly financial results for the quarter ended March 31, 2022 and the year-to-date results for July 1, 2021 to March 31, 2022.
- The results were prepared in accordance with Ind AS 34 interim financial reporting standards and SEBI listing regulations for presentation and disclosure.
- Walker Chandiok & Co LLP expressed that based on their review, nothing came to their attention to suggest the results do not present fairly or are missing required disclosures.
This document summarizes the key details from the standalone financial statements of Next Gen Films Private Limited for the period of April 1, 2017 to March 31, 2018. It provides the company's corporate identity number, permanent account number, nature of business as film production, and registered office address in Mumbai. The principal business activity contributing over 94% of total turnover is film production and distribution. The company has 10,000 shares held by 2 promoters/directors.
The document summarizes recent amendments to Schedule III of the Companies Act that will be applicable for financial statements prepared for FY 2021-22. Key changes include rounding off figures based on total income, classifying non-current assets, disclosing promoter shareholding and short-term borrowings, introducing new disclosure requirements for trade receivables and payables, and capital work-in-progress. Additional regulatory disclosures are also required relating to immovable property, loans to related parties, ratios, benami property, and utilization of funds.
- Hyundai Capital Services, Inc. and subsidiaries provided condensed consolidated interim financial statements as of September 30, 2023 and December 31, 2022.
- The condensed consolidated interim financial statements include the statements of financial position, comprehensive income, changes in equity, and cash flows for the periods ended September 30, 2023 and 2022.
- As of September 30, 2023, total assets were KRW 39.3 trillion and total liabilities were KRW 33.4 trillion, with total equity of KRW 5.9 trillion.
Similar to Rehvar Infrastructure 2021 Annual Report.pdf (20)
This SEC complaint alleges that Stephen Burns, former CEO of electric vehicle company Lordstown Motors, made negligent and materially inaccurate statements about pre-orders for Lordstown's pickup truck. Specifically, Lordstown claimed to have over 27,000 pre-orders from commercial fleets based on non-binding letters of intent, but the company had no effective processes for vetting customers or tracking pre-orders. The SEC alleges Burns' statements about pre-orders created an unrealistic depiction of demand in violation of securities laws.
The document is a letter from Nathan Anderson to the Board of Directors, Executives and Auditors of Tingo Group Inc. listing 38 questions regarding Tingo Group's business operations and financials. The questions raise serious doubts about the legitimacy of Tingo's reported revenues, customer and supplier relationships, licenses and permits. Key issues highlighted include a lack of evidence for Tingo's claimed cash balances, inventory, export volumes and mobile network operations.
1) Osirius Group LLC filed a complaint against Ideanomics Inc. in the United States District Court for the Eastern District of Michigan. Osirius provided engineering services to Via Motors from July 2022 to December 2022, invoicing Via Motors monthly. Via Motors failed to pay the invoices, owing Osirius over $2 million.
2) Ideanomics acquired Via Motors in January 2023 and had previously agreed to pay any remaining debt owed by Via Motors to Osirius. However, Ideanomics failed to pay the outstanding amount owed for Osirius' services.
3) Osirius is suing Ideanomics for breach of contract and
This 6-page legal document outlines the charges in a criminal case. It describes the defendant and their alleged crimes, which include wire fraud and aggravated identity theft. Further details are provided about the scheme, the victims impacted, and evidence collected. If convicted on all counts, the defendant faces a maximum penalty of 32 years in prison and $1 million in fines.
1) Acuitas Capital invested $20 million in Ideanomics in exchange for preferred stock and warrants that were convertible into Ideanomics common stock. However, Ideanomics has now refused to honor Acuitas Capital's requests to convert these securities, in breach of their agreement.
2) Ideanomics claims the investment agreement is "null and void" due to unrelated allegations against the CEO of Acuitas Capital, but these allegations do not excuse Ideanomics' contractual obligations.
3) Prompt relief is needed because Ideanomics has admitted it may not be able to continue as a going concern. Unless ordered to honor the conversion requests, the value of Acuitas Capital's remaining
This document outlines the terms and conditions of a private offering of $750 million in senior secured notes issued by Adani Green Energy Limited. The notes will pay 4.375% annual interest and mature in 2024. The notes are being offered only to qualified institutional buyers in the US and offshore purchasers in reliance on exemptions from securities registration laws. The notes will be listed on the Singapore Exchange and India INX and secured by certain assets of the issuer described in security documents. The proceeds are subject to restrictions on use and transfer.
This document is an annual return form for a private company limited by shares called Milestone Tradelinks Private Limited. It provides details about the company's registration, activities, shareholding, directors and key managerial personnel, meetings, and attendance of directors. Some key details include the company's registered office in Ahmedabad, its main business activity of wholesale trading, total paid up capital of Rs. 407,000, and that directors Rajesh Rameshchandra Vora and Manish Amrutlal Shah each hold 0 shares as of the financial year end.
Chang Chien-Ting holds significant beneficial ownership in PMC Projects (India) Pvt. Ltd. through PMC Infra Limited, a company registered in Mauritius. Chang holds 100% of PMC Infra Limited and exercises his significant beneficial interest in PMC Projects (India) Pvt. Ltd. by virtue of shares held in PMC Infra Limited. He declares this significant beneficial ownership in PMC Projects (India) Pvt. Ltd. as required by Section 90(1) of the Companies Act of India. The declaration provides details of Chang such as his address, date of birth, occupation, and nationality. It specifies the nature of his indirect holding in PMC Projects (India) Pvt.
This document contains a list of orders from the Securities Appellate Tribunal (SAT) and adjudication orders from the Securities and Exchange Board of India (SEBI) related to various Adani group companies, primarily Adani Exports Limited. The orders range from 2008 to 2019 and include matters related to stock market manipulation and insider trading involving several individuals and brokerage firms.
Vinod Adani - The Man Behind The Adani Group’s Offshore Deals (Morning Contex...Hindenburg Research
Vinod Adani is the elder brother of Gautam Adani, Asia's second richest man. Vinod oversees many of the Adani group's offshore deals and structures through companies based in tax havens like Mauritius and Cyprus. He has been involved in major deals like the Ambuja Cements acquisition and Total's investment in Adani Green Energy. However, the Adani group has previously denied Vinod's involvement. Vinod uses complex offshore structures that allow deals to be carried out without following all Indian laws, potentially reducing taxes. There are also ongoing legal issues regarding accusations of money laundering through Vinod's offshore companies that supplied equipment to Adani Power projects in India.
Krunal Trade & Investment Pvt Ltd is a private limited company incorporated in Mauritius on October 4, 2005 as a global business company. The company's registered office is located at Trustlink House in Floreal, Mauritius. The current directors are Adani Vinod Shantilal, Caillou Louis Ricardo, Mittra Subir, and Ramsagur Shailend. Trustlink International Limited serves as the company secretary.
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1. REHVAR INFRASTRUCTURE PRIVATE LIMITED
Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[400100] Disclosure of general information about company
Unless otherwise specified, all monetary values are in INR
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Name of company
REHVAR INFRASTRUCTURE
PRIVATE LIMITED
Corporate identity number U45201GJ2007PTC051458
Permanent account number of entity AADCR6843C
Address of registered office of company
23/A, SATYAKAM SOCIETY,
, NEAR KANCHANDEEP FLATS,
NEHRUNAGAR , AMBAWADI,
, Ahmedabad , GUJARAT ,
INDIA - 380015
Type of industry
C o m m e r c i a l a n d
Industrial
Number of employees in the company at the end of the financial Year [pure] 0
Whether company has published sustainability report for the financial
Year
No
Date of board meeting when final accounts were approved 02/11/2021
Date of start of reporting period 01/04/2020 01/04/2019
Date of end of reporting period 31/03/2021 31/03/2020
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other
relevant books and papers in electronic form
Yes
Complete postal address of place of maintenance of computer
servers (storing accounting data)
2 3 /A, SATYAKAM S
O C I E T Y , N E A
R K A N C H A N D E E P
FLATS, NEHRUNAGAR ,
AMBAWADI
Name of city of place of maintenance of computer servers (storing
accounting data)
Ahmedabad
Name of state/ union territory of place of maintenance of
computer servers (storing accounting data)
Gujarat
Pin code of place of maintenance of computer servers (storing
accounting data)
380015
Name of district of place of maintenance of computer servers
(storing accounting data)
Ahmedabad
ISO country code of place of maintenance of computer servers
(storing accounting data)
IN
Name of country of place of maintenance of computer servers
(storing accounting data)
India
Phone (with STD/ ISD code) of place of maintenance of computer
servers (storing accounting data) 9898123278
2. 2
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Disclosure of principal product or services [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Types of principal product or services [Axis] 1
01/04/2020
to
31/03/2021
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 7106
Description of product or service category
SILVR(INCLD SLVR PLTD
W T H
GOLD/PLTNM)UNWRGHT/IN
SEMI MNFCTRD FORM/IN
PWDR FORM
Turnover of product or service category 254,99,86,423
Highest turnover contributing product or service (ITC 8 digit) code 71061000
Description of product or service SILVER BAR
Unit of measurement of highest contributing product or service kilogram
Turnover of highest contributing product or service 254,99,86,423
[400400] Disclosures - Directors report
Details of directors signing board report [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Directors signing board report [Axis] 1
01/04/2020
to
31/03/2021
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director LAXMIPRASAD
Middle name of director RAMESHWARLAL
Last name of director CHAUDHARY
Designation of director Managing Director
Director identification number of director 00006278
Date of signing board report 02/11/2021
3. 3
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Unless otherwise specified, all monetary values are in INR
01/04/2020
to
31/03/2021
Disclosure in board of directors report explanatory [TextBlock]
Textual information (1)
[See below]
Description of state of companies affair
The Directors are
hopeful for better growth
of the Company in
Future.
Disclosure relating to amounts if any which is proposed to carry to any
reserves
Your directors regret
their inability to
propose to carry to any
r e s e r v e d u e t o
loss.
Disclosures relating to amount recommended to be paid as dividend
13. The amount,
i f a n y , w h i c h i t
recommends should be paid
b y w a y o f
d i v i d e n d ; Y o u r
directors regret their
inability to recommend
any dividend due to loss.
Details regarding energy conservation
Textual information (2)
[See below]
Details regarding technology absorption
Textual information (3)
[See below]
Details regarding foreign exchange earnings and outgo
D u r i n g t h e y e a r
under review, Earning and
Outgo in foreign currency
is nil.
Disclosures in director’s responsibility statement
Textual information (4)
[See below]
Details of material changes and commitment occurred during period
affecting financial position of company
Textual information (5)
[See below]
Particulars of loans guarantee investment under section 186 [TextBlock]
Textual information (6)
[See below]
Particulars of contracts/arrangements with related parties under section
188(1) [TextBlock]
Textual information (7)
[See below]
Whether there are contracts/arrangements/transactions not at arm's
length basis
No
Whether there are material contracts/arrangements/transactions at
arm's length basis
No
Disclosure of extract of annual return as provided under section 92(3)
[TextBlock]
Textual information (8)
[See below]
Disclosure of statement on declaration given by independent directors
under section 149(6) [TextBlock]
As Provided
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters
provided under section 178(3) [TextBlock]
As Provided
Disclosure of statement on development and implementation of risk
management policy [TextBlock]
As Provided
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year
[TextBlock]
As Provided
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Disclosure of financial summary or highlights [TextBlock]
Textual information (9)
[See below]
Disclosure of change in nature of business [TextBlock] Not Applicable
Details of directors or key managerial personnels who were
appointed or have resigned during year [TextBlock]
As Provided
Disclosure of companies which have become or ceased to be its
subsidiaries, joint ventures or associate companies during
year [TextBlock]
Not Applicable
Details relating to deposits covered under chapter v of companies act
[TextBlock]
Not Applicable
Details of deposits which are not in compliance with requirements
of chapter v of act [TextBlock]
Not Applicable
Details of significant and material orders passed by
regulators or courts or tribunals impacting going concern
status and company’s operations in future [TextBlock]
Not Applicable
4. 4
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Details regarding adequacy of internal financial controls with
reference to financial statements [TextBlock]
T h e
Board is of the opinion
that there exists
adequate internal
controls commensurate
with the size and
operations of the
Company.
Disclosure of contents of corporate social responsibility policy
[TextBlock]
Not Applicable
Disclosure of appointment and remuneration of managerial personnels
[TextBlock]
Not Applicable
Number of meetings of board [pure] 7
5. 5
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (1)
Disclosure in board of directors report explanatory [Text Block]
DIRECTORS’ REPORT
To,
The Members,
Your Directors have pleasure in presenting their 14thAnnual Report on the business and operations of the Company and the audited accounts
for the Financial Year ended March 31, 2021.
FINANCIAL HIGHLIGHTS
Particulars
2020-21
Rupees
2019-20
Rupees
Sales and Other Income 3545623838 7400280785
Net Profit/(Loss) before Depreciation, Finance Charge & Taxation 1077606049 2429805670
Finance Charge 1797104205 2460304113
Depreciation ------- -------
Profit /(Loss) for the year before taxation (719498157) (30498443)
Provision for taxation (including deferred tax provision) ------- -------
Profit /(Loss) for the year after taxation (719498157) (30498443)
Surplus/(Deficit) brought forward from previous year (28581808) 1916635
Profit /(Loss) carried to Balance Sheet (748079965) (28581808)
6. 6
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
The Directors hope that coming years are very bright in respect of the business of the
Company.
1. Extract u/s 92: As provided under Section 92(3) of the Act, the extract of annual return is attached in Annexure -1 in the prescribed Form
MGT-9, which forms part of this report.
2. Number of meeting of Board of Directors:
PERIOD: 01/04/2020TO 31/03/2021
MONTH BOARD MEETINGS
MAY 23/05/2020
AUGUST 01/08/2020
SEPTEMBER 07/09/2020
OCTOBER 06/10/2020
DECEMBER 29/12/2020
FEBRUARY 08/02/2021
7. 7
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
MARCH 24/03/2021
DIRECTORS’ ATTENDANCE
NAME OF DIRECTOR ATTENDANCE AT BOARD MEETING DURING 2020-21
LAXMIPRASAD RAMESHWARLAL CHOUDHARY 7
YOGESH RAMANLAL SHAH
7
3. Directors’ Responsibility Statement:/
The Directors’ Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 shall state that-
(a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to
material departures;
(b) the directors had selected such accounting policies and applied them consistently and made judgments and estimate that are reasonable
and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of
the company for that year;
(c) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
(d) the directors had prepared the annual accounts on a going concern basis;
(e) As the clause is applicable to the directors, in the case of a listed company, regarding internal financial controls to be followed by the
company and that such internal financial controls are adequate and are operating effectively;, being a private limited company clause is not
applicable though the Company has in place adequate internal financial controls with reference to financial statements.
8. 8
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
(f) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were
adequate and operating effectively.
4. A statement on declaration given by independent directors under sub-section (6) of section 149:
As per provisions of sub-section (4) of Section 149 of The Companies Act, 2013,only listed companies and prescribed public
companies(according to rule 4,chapter XI,Companies (Appointment and qualification of Directors) Rules, 2014),shall be required to appoint
Independent Directors.
As the Company is Private Limited Company, not required to appoint Independent Directors, so there is no necessity of statement on
declaration by independent directors.
5.Company’s policy relating to directors appointment, payment of remuneration and discharge of their duties:
The provisions of Section 178(1) relating to constitution of Nomination and Remuneration Committee are not applicable to the Company and
hence the Company has not devised any policy relating to appointment of Directors, payment of Managerial remuneration, Directors
qualifications, positive attributes, independence of Directors and other related matters as provided under Section 178(3) of the Companies.
6. Statutory Auditors:
During the year under review M/s. Adwani Peshavaria & Co., Chartered Accountants, Ahmedabad (Firm Registration no.137123W) be and
is hereby appointed as Statutory Auditors of the Company and to hold office from the conclusion of 13th Annual General Meeting of the
company held in year 2020, till the conclusion of the 18th Annual General Meeting to be held in 2025, on a remuneration to be determined
by the Board of Directors of the Company.
They have confirmed that they are not disqualified from continuing as Auditors of the Company.
7. Auditor’s Report:
9. 9
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
The Board has duly reviewed the Statutory Auditor’s Report on the Accounts. The observations and comments, appearing in the Auditor’s
report are self-explanatory and do not call for any further explanation / clarification by the board of directors under section 134(3) (f) of the
Companies Act, 2013 except for the Company has accumulated losses.
Comments on Observation of Auditor’s Report:
The Board of Directors has duly reviewed that Management is hopeful for exploring other business opportunities in the near future; hence
accounts have been prepared on a Going Concern Basis considering the positive net worth of the company.
8. Particulars of Loan, Guarantees or Investments under section 186:
The particulars of loans, guarantees and investments have been disclosed in the financial statements.
9. Particulars of Contracts or Arrangements with related parties under section 188:
All the related party transactions were entered by the Company in ordinary course of business and were in arm's length basis IF ANY. The
Company presents all related party transactions before the Board specifying the nature, value, and terms and conditions of the transaction.
Transactions with related parties are conducted in a transparent manner with the interest of the Company and Stakeholders as utmost priority.
During the year under review Company had not entered into any transactions with related parties which could be considered material in terms
of Section 188 of the Companies Act, 2013. Accordingly, the disclosure of related party transactions as required under Section 134(3)(h) of
the Companies Act, 2013 in Form AOC 2 is not applicable.
10. The state of the company’s affairs:
The Directors are hopeful for better growth of the Company in Future.
11.Share Capital:
The paid up Equity Share Capital as at March 31, 2021 stood at Rs. 1,00,000/-. During the year under review, the Company has not issued
shares with differential voting rights nor has granted any stock options or sweat equity.
10. 10
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
12. The amounts, if any, which it proposes to carry to any reserves;
Your directors regret their inability to propose to carry to any reserve due to loss.
13. The amount, if any, which it recommends should be paid by way of dividend;
Your directors regret their inability to recommend any dividend due to loss.
14. Secretarial Audit Report:
Secretarial Audit is applicable to listed company and every public company having paid up share capital of Rs. 50 crore or more or having a
turnover of Rs. 250 crore or more, w.e.f. 01/04/2020, (vide notification dated January 03, 2020), it is also applicable for every company
having outstanding loans or borrowings from banks or public financial institutions of Rs. 100 crore or more.
Our Company does not meet the criteria of this new clause, so Secretarial Audit Report is not applicable to our Company.
15. Material Changes and Commitments, if any;
During the year under review, there is no material changes occurred between the end of the financial year of the company to which the
financial statements relate and the date of the report.
16.The conservation of energy, technology absorption, foreign exchange earnings and outgo:
As Company does not have any manufacturing Activities.A statement containing the information as per Section 134 (3) (m) of the
Companies Act 2013read with the Companies (Disclosure of particulars in the Report of Board of Directors) Rules, 1988 is not appended.
During the year under review, Earning and Outgo in foreign currency is nil.
17. Risk Management:
11. 11
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
The Company does not have any Risk Management Policy as the element of risk threatening the Company’s existence is very minimal.
18. Corporate Social Responsibility:
As per section 135 of the Companies Act, 2013, read with rule 8(1) of the Companies (Corporate Social Responsibility Policy) Rules, 2014,
this section is not applicable to our company.
19. Internal Audit:
During the year under review, It is observed from Annual Financial Statement for preceding financial year, that the company is eligible
company & qualifying under section 138 of the Companies Act, 2013 to appoint the Internal Auditor for the year 2020-21. M/s Chintan V
Janani & Co. Chartered Accountants, Firm Registration No. ( 154933W) appointed as an Internal Auditor of the company to cover
the areas required to be audited as detailed in the exhibit placed before the Board.
20. Formal Annual Evaluation:
Formal Annual Evaluation is applicable to listed company and other public company having paid up share capital of Rs.25 crore or more. So
attachment of formal annual evaluation of performance of the Board and its individual directors are not required.
21. Subsidiary, Joint venture And Associate Company :
The Company has no Subsidiary, Joint Venture and Associate Company, so FORM AOC-1 is not required for the Company.
22. Other Disclosure:
(i) the change in nature of business, if any; N.A
(ii)the details of directors or key managerial personnel who were appointed or have resigned during the year;
Change the designation of director:
12. 12
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
During the year under review and up to the date of report, the designation of Mr. Laxmiprasad Rameshwarlal Chaudhary, Din: (00006278),
has changed from director to Managing Director w.e.f. 01/04/2021 with approval of Board of Directors.
(iii) details of deposits as per chapter V of the Act; N.A.
(iv)The Board is of the opinion that there exists adequate internal controls commensurate with the size and operations of the Company.
(v) the details of significant or material orders passed by the regulators/court/tribunal impacting going concern status and company’s
operations in future; N.A.
(vi)the names of companies which have become or ceased to be its Subsidiaries, joint ventures or associate companies during the year; N.A.
(vii) the change in object of the company;
During the year under review and up to the date of report, to append following sub clause (2) after sub clause (1)(A) in the Main Object
Clause of the Memorandum of Association of Company:
(2)To carry on the business of buying, selling, reselling, importing, exporting, transporting, storing, developing, promoting, marketing or
supplying, trading, dealing in any manner whatsoever in all type of goods, merchandise and services of all grades, specifications,
descriptions, applications, modalities, fashions, including by-products, spares or accessories thereof, on retail as well as on wholesale basis in
India or elsewhere.
23. Prevention of Sexual Harassment at Workplace:
As per the requirement of The Sexual Harassment of Women at Workplace (Prevention, Prohibition &Redressal) Act, 2013 read with rules
made thereunder, your Company has constituted Internal Complaints Committee which is responsible for redressal of complaint related to
sexual harassment. During the year under review, there were no complaints pertaining to sexual harassment.
24. Maintenance of Cost Records:
Maintenance of Cost Records as specified by the Central Government under sub-section (1) of Section 148 of the Companies Act, 2013, is
not required by the Company and accordingly such accounts and records are not made and maintained.
25. Personnel:
13. 13
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
The particulars of employees as required by Rule 5 of Companies (Appointment and Remuneration of Managerial Personnel) Amendment
Rules, 2016 are not given, as no employee is in receipt of remuneration Rs. 1,02,00,000 or more in a year or Rs. 8,50,000 or more per month.
26. Acknowledgement:
An acknowledgement to all with whose help, cooperation and hard work the Company is able to achieve the results.
Place: Ahmedabad For on behalf of the Board
Date: 02/11/2021
_______________________
Laxmiprasad Chaudhary
Managing Director
(DIN: 00006278)
Textual information (2)
Details regarding energy conservation
16.The conservation of energy, technology absorption, foreign exchange earnings and outgo: As Company does not have any
manufacturing Activities.A statement containing the information as per Section 134 (3) (m) of the Companies Act 2013read with the
Companies (Disclosure of particulars in the Report of Board of Directors) Rules, 1988 is not appended.
Textual information (3)
Details regarding technology absorption
16.The conservation of energy, technology absorption, foreign exchange earnings and outgo: As Company does not have any
manufacturing Activities.A statement containing the information as per Section 134 (3) (m) of the Companies Act 2013read with the
Companies (Disclosure of particulars in the Report of Board of Directors) Rules, 1988 is not appended.
14. 14
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (4)
Disclosures in director’s responsibility statement
. Directors’ Responsibility Statement:/ The Directors’ Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134
shall state that- (a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper
explanation relating to material departures; (b) the directors had selected such accounting policies and applied them consistently and made
judgments and estimate that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of
the financial year and of the profit and loss of the company for that year; (c) the directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for
preventing and detecting fraud and other irregularities; (d) the directors had prepared the annual accounts on a going concern basis; (e) As
the clause is applicable to the directors, in the case of a listed company, regarding internal financial controls to be followed by the company
and that such internal financial controls are adequate and are operating effectively;, being a private limited company clause is not applicable
though the Company has in place adequate internal financial controls with reference to financial statements. (f) the directors had devised
proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating
effectively.
Textual information (5)
Details of material changes and commitment occurred during period affecting financial position of company
15. Material Changes and Commitments, if any; During the year under review, there is no material changes occurred between the end of
the financial year of the company to which the financial statements relate and the date of the report.
Textual information (6)
Particulars of loans guarantee investment under section 186 [Text Block]
Particulars of Loan, Guarantees or Investments under section 186:
The particulars of loans, guarantees and investments have been disclosed in the financial statements.
15. 15
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (7)
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
9. Particulars of Contracts or Arrangements with related parties under section 188:
All the related party transactions were entered by the Company in ordinary course of business and were in arm's length basis IF ANY. The
Company presents all related party transactions before the Board specifying the nature, value, and terms and conditions of the transaction.
Transactions with related parties are conducted in a transparent manner with the interest of the Company and Stakeholders as utmost priority.
During the year under review Company had not entered into any transactions with related parties which could be considered material in terms
of Section 188 of the Companies Act, 2013. Accordingly, the disclosure of related party transactions as required under Section 134(3)(h) of
the Companies Act, 2013 in Form AOC 2 is not applicable.
16. 16
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (8)
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
FORM NO.
MGT-9
EXTRACT OF
ANNUAL
RETURN
As on the
financial year
ended on
31/03/2021
[Pursuant to
section 92(3) of
the Companies
Act, 2013 and
rule 12(1) of the
Companies
(Management and
Administration)
Rules, 2014]
I.
REGISTRATION
AND OTHER
DETAILS:
i)
CIN
:
U45201GJ2007PTC051458
ii)
Registration
Date
06/08/2007
iii)
Name of the
Company
REHVAR
INFRASTRUCTURE
PRIVATE LIMITED
iv) a) Category of the Company
COMPANY LIMITED BY
SHARES
17. 17
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
b) Sub-Category of the Company INDIAN
NON-GOVERNMENT
COMPANY
v) Address of the Registered office and contact details
23/A, SATYAKAM
SOCIETY, NEAR
KANCHANDEEP FLATS,
NEHRUNAGAR ,
AMBAWADI- 380015
vi)
Whether listed
company
No
vii)
Name, Address and Contact details of Registrar and
Transfer Agent, if any
N/A
II. PRINCIPAL
BUSINESS
ACTIVITIES OF
THE
COMPANY :
All the business
activities
contributing 10 %
or more of the
total turnover of
the company
shall be stated:-
Sr. No. Name and Description of main Products / Services
NIC
Code of
the
Product/
Services
% to
total
turnover
of the
Company
1 Wholesale of Metals 46620 96.30%
1 Other non-specialised wholesale trade n.e.c. 46909 3.70%
* As per NIC Code 2004
III.
PARTICULARS
OF HOLDING,
SUBSIDIARY
AND
ASSOCIATE
COMPANIES -
18. 18
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Sr. No. Name And Address of the Company CIN/GLN
Holding/
Subsidiary/
Associate
% of
Shares
held
--- --- --- --- ---
IV. SHARE HOLDING PATTERN
(Equity Share Capital Breakup as
percentage of Total Equity)
A. Category-wise Share Holding
Category of Shareholders
No. of Shares held
at the beginning of
the year
No. of
Shares held at
the end of
the year
%
Change
during
the year
Demat Physical Total
% of
Total
Shares
Demat Physical Total
% of
Total
Shares
A. Promoters
(1) Indian
a). Individual/HUF ----- 10000 10000 100% ----- 10000 10000 100% -----
b).Central Govt ----- -----
-----
----- ----- -----
-----
----- -----
c). State Govt (s) ----- -----
-----
----- ----- -----
-----
----- -----
19. 19
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
d).Bodies Corp. ----- -----
-----
----- ----- -----
-----
----- -----
e).Banks / FI ----- -----
-----
----- ----- -----
-----
----- -----
f). Any Other - ----- -----
-----
----- ----- -----
-----
----- -----
Sub-total (A) (1):- ----- 10000 10000 100% ----- 10000 10000 100% -----
(2) Foreign
a) NRIs - Individuals ----- -----
-----
----- ----- -----
-----
----- -----
b) Other – Individuals ----- -----
-----
----- ----- -----
-----
----- -----
c) Bodies Corp. -----
-----
----- -----
-----
----- -----
d) Banks / FI ----- -----
-----
----- ----- -----
-----
----- -----
e) Any Other…. ----- -----
-----
----- ----- -----
-----
----- -----
Sub-total (A) (2):- ----- -----
-----
----- ----- -----
-----
----- -----
Total shareholding of Promoter (A) =
(A)(1)+(A)(2)
----- 10000 10000 100% ----- 10000 10000 100% -----
B. Public Shareholding
1. Institutions
20. 20
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
a) Mutual Funds
NOT
APPLICABLE
b) Banks / FI
c) Central Govt
d) State Govt(s)
e) Venture Capital Funds
f) Insurance Companies
g) FIIs
h) Foreign Venture Capital Funds
i) Others (specify)
Sub-total(B)(1):- ----- -----
-----
----- ----- -----
-----
----- -----
2. Non-Institutions
a) Bodies Corp.
i) Indian
ii) Overseas
b) Individuals
i) Individual shareholders holding
nominal share capital upto Rs. 1
lakh
----- -----
-----
----- ----- -----
-----
----- -----
ii) Individual shareholders holding
nominal share capital in excess of Rs 1
lakh
----- -----
-----
----- ----- -----
-----
----- -----
c) Others ----- -----
-----
----- ----- -----
-----
----- -----
21. 21
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
(specify)
Sub-total(B)(2):- ----- -----
-----
----- ----- -----
-----
----- -----
Total Public Shareholding(B)=
(B)(1)+(B)(2)
----- -----
-----
----- ----- -----
-----
----- -----
C. Shares held by Custodian for GDRs
& ADRs
----- -----
-----
----- ----- -----
-----
----- -----
Grand Total (A+B+C) ----- 10000 10000 100% ----- 10000 10000 100% -----
B.Shareholding of
Promoters
Sr No.
Shareholder’s
Name
Shareholding
at the
beginning of
the year
Shareholding
at the end of
the year
%
change
in
share
holding
during
the
year
No. of Shares
% of
total
Shares of
the
Company
% of Shares Pledged
/ encumbered to total
shares
No. of
Shares
% of
total
Shares of
the
Company
% of Shares
Pledged /
encumbered
to total
shares
1
Laxmiprasad
Choudhary
5000 50% ----- 5000 50% ----- -----
2
Yogesh Ramanlal
Shah
5000 50% ----- 5000 50% -----
Total 5000 100% ----- 10000 100% ----- -----
22. 22
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
C. Change in
Promoters’
Shareholding ( please
specify, if there is no
change)
Sr. No.
Shareholder’s
Name
Shareholding
at the
beginning of
the year
Change in
Shareholding
(No. of Shares)
Share
holding
at the
end of
the year
No. of Shares
% of
total
Shares of
the
Company
Increase Decrease
No. of
Shares
% of total
Shares of
the
Company
NO CHANGE
CUMULATIVE
SHAREHOLDING
D. Shareholding
Pattern of top ten
Shareholders (other
than Directors,
Promoters and Holders
of GDRs and ADRs):
Sr. No.
Shareholder’s
Name
Shareholding
at the
beginning of
the year
Change in
Shareholding
(No. of Shares)
Share
holding
at the
end of
the year
No. of Shares
% of
total
Shares of
the
Company
Increase Decrease
No. of
Shares
% of total
Shares of
the
Company
NOT
APPLICABLE
CUMULATIVE
SHAREHOLDING
23. 23
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
E.Shareholding of
Directors and Key
Managerial Personnel:
Sr. No.
For each of the
Directors and
KMP
Shareholding
at the
beginning of
the year
Change in
Shareholding
(No. of Shares)
Share
holding
at the
end of
the year
No. of Shares
% of
total
Shares of
the
Company
Increase Decrease
No. of
Shares
% of total
Shares of
the
Company
1
Laxmiprasad
Choudhary
5000 50% ---- ---- 5000 50%
2 Yogesh Shah 5000 50% ---- ---- 5000 50%
CUMULATIVE
SHAREHOLDING
10000 100% ---- ---- 10000 100%
VI. REMUNERATION OF
DIRECTORS AND KEY
MANAGERIAL PERSONNEL
A. Remuneration to Managing
Director, Whole-time Directors
and/or Manager:
Sr. No. Particulars of Remuneration
Name of
MD/WTD/Manager
Total
Amount
24. 24
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
1 Gross salary
(a) Salary as per provisions contained in
section 17(1) of the Income-tax Act,
1961
---- ---- ----
(b) Value of perquisites u/s 17(2)Income-tax
Act, 1961
---- ---- ----
(c) Profits in lieu of salary under section 17(3)
Income-tax Act, 1961
---- ---- ----
2 Stock Option ---- ---- ----
3 Sweat Equity ---- ---- ----
4 Commission
- as % of profit ---- ---- ----
- others, specify… ---- ---- ----
5 Others, please specify ---- ---- ----
Total (A) ---- ---- ----
Ceiling as per the Act ---- ---- ----
B. Remuneration to other directors:
Sr. No. Particulars of Remuneration Name of Directors
Total
Amount
1 Independent Directors
25. 25
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
· Fee for attending board / committee
meetings
----- -----
· Commission ----- -----
· Others, please specify ----- -----
Total (1)
2 Other Executive Directors
· Fee for attending board / committee
meetings
----- -----
· Commission ----- -----
· Others-remuneration ----- -----
Total (2) ----- -----
Total (B)=(1+2) ----- -----
Total Managerial Remuneration Overall
Ceiling as per the Act
----- -----
C. Remuneration to Key Managerial
Personnel other than
MD/WTD/Manager
Sr. No. Particulars of Remuneration
Key Managerial
Personnel
CEO
Company
Secretary
CFO Total
1 Gross salary
(a) Salary as per provisions contained in
section 17(1) of the Income-tax Act, 1961
----- ----- ----- -----
(b) Value of perquisites u/s 17(2) Income-tax
Act, 1961
----- ----- ----- -----
(c) Profits in lieu of salary under section 17(3)
26. 26
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Income-tax Act, 1961 ----- ----- ----- -----
2 Stock Option ----- ----- ----- -----
3 Sweat Equity ----- ----- ----- -----
4 Commission
- as % of profit ----- ----- ----- -----
-others, specify… ----- ----- ----- -----
5 Others, please specify ----- ----- ----- -----
Total ----- ----- ----- -----
VII. PENALTIES /
PUNISHMENT/
COMPOUNDING OF
OFFENCES:
Type
Section
of the
Companies
Act
Brief
Description
Details of Penalty /Punishment/ Compounding
fees
imposed
Authority
[RD /
NCLT /
COURT]
Appeal made,
if any (give
Details)
A. COMPANY
Penalty ----- ----- ----- ----- -----
Punishment ----- ----- ----- ----- -----
Compounding ----- ----- ----- ----- -----
B.DIRECTORS
Penalty ----- ----- ----- ----- -----
27. 27
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Punishment ----- ----- ----- ----- -----
Compounding ----- ----- ----- ----- -----
C.OTHER OFFICERS IN
DEFAULT
Penalty ----- ----- ----- ----- -----
Punishment ----- ----- ----- ----- -----
Compounding ----- ----- ----- ----- -----
_________________________ _________________
Laxmiprasad Chaudhary Yogesh Ramanlal Shah
MANAGING DIRECTOR DIRECTOR
(DIN:00006278) (DIN:00103586)
28. 28
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (9)
Disclosure of financial summary or highlights [Text Block]
FINANCIAL HIGHLIGHTS
Particulars
2020-21
Rupees
2019-20
Rupees
Sales and Other Income 3545623838 7400280785
Net Profit/(Loss) before Depreciation, Finance Charge & Taxation 1077606049 2429805670
Finance Charge 1797104205 2460304113
Depreciation ------- -------
Profit /(Loss) for the year before taxation (719498157) (30498443)
Provision for taxation (including deferred tax provision) ------- -------
Profit /(Loss) for the year after taxation (719498157) (30498443)
Surplus/(Deficit) brought forward from previous year (28581808) 1916635
Profit /(Loss) carried to Balance Sheet (748079965) (28581808)
29. 29
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[400200] Disclosures - Auditors report
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]
Auditor's
favourable remark
[Member]
Clause not
applicable
[Member]
01/04/2020
to
31/03/2021
01/04/2020
to
31/03/2021
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Disclosure in auditors report relating to fixed assets
) The Company
does not have any
fixed assets,
accordingly the
provisions of
paragraph 1 (a) to
(c) of the Order are
not applicable.
Disclosure in auditors report relating to inventories
Textual information
(10) [See below]
Disclosure in auditors report relating to loans
Textual information
(11) [See below]
Disclosure in auditors report relating to compliance with Section 185 and 186 of
Companies Act, 2013
Textual information
(12) [See below]
Disclosure in auditors report relating to deposits accepted
Textual information
(13) [See below]
Disclosure in auditors report relating to maintenance of cost records
Textual information
(14) [See below]
Disclosure in auditors report relating to statutory dues [TextBlock]
Textual information
(15) [See below]
Disclosure relating to regularity in payment of undisputed statutory dues
[TextBlock]
Textual information
(16) [See below]
Disclosure relating to disputed statutory dues [TextBlock]
Textual information
(17) [See below]
Disclosure in auditors report relating to default in repayment of financial dues
Textual information
(18) [See below]
Disclosure in auditors report relating to public offer and term loans used for
purpose for which those were raised
Textual information
(19) [See below]
Disclosure in auditors report relating to fraud by the company or on the
company by its officers or its employees reported during period
Textual information
(20) [See below]
Disclosure in auditors report relating to managerial remuneration
Textual information
(21) [See below]
Disclosure in auditors report relating to Nidhi Company
In our opinion, the
Company is not a
Nidhi Company and
the Nidhi Rules,
2014 are not
applicable to it.
Accordingly, the
provisions of
Clauses 3 (xii) of
the Order are not
applicable
Disclosure in auditors report relating to transactions with related parties
Textual information
(22) [See below]
Disclosure in auditors report relating to preferential allotment or private
placement of shares or convertible debentures
Textual information
(23) [See below]
Disclosure in auditors report relating to non-cash transactions with directors
or persons connected with him
Textual information
(24) [See below]
Disclosure in auditors report relating to registration under section 45-IA of
Reserve Bank of India Act, 1934
Textual information
(25) [See below]
30. 30
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Details regarding auditors [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Auditors [Axis] 1
01/04/2020
to
31/03/2021
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Name of audit firm
A D W A N I
PESHAVARIA
AND CO
Name of auditor signing report
D H A V A L
VINODBHAI
PESHAVARIA
Firms registration number of audit firm 137123W
Membership number of auditor 147712
Address of auditors
A/428, SUMEL
BUSINESS PARK
3, OPP NEW
CLOTH MARKET,
KANKARIA R O A
D , AHMEDABAD
Permanent account number of auditor or auditor's firm AAYFA5090N
SRN of form ADT-1 R42457135
Date of signing audit report by auditors 02/11/2021
Date of signing of balance sheet by auditors 02/11/2021
Unless otherwise specified, all monetary values are in INR
01/04/2020
to
31/03/2021
Disclosure in auditor’s report explanatory [TextBlock]
Textual information (26)
[See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks
No
Textual information (10)
Disclosure in auditors report relating to inventories
The physical verification of inventory, including stocks with third parties, have been conducted at reasonable intervals by the management
during the year. In respect of inventory lying with third parties, these have substantially been confirmed by them. The discrepancies noticed
in physical verification of inventory as compared to book records were not material. The company carries out its business activities through
back to back sales and purchase with their parties in such circumstances it does not hold any physical inventory. Accordingly the provisions
of paragraph 3 (ii) of the Order are not applicable.
Textual information (11)
Disclosure in auditors report relating to loans
According to the information and explanation given to us and the records produced to us for our verification, the company has not granted
loans, secured or unsecured to companies, firms, Limited Liability Partnerships or other parties covered in the register maintained under
section 189 of the Companies Act, 2013. Accordingly, the provisions of paragraph 3 (iii) (a) to (c) of the Order are not applicable.
Textual information (12)
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013
According to the information and explanations given to us and representations made by the Management, the Company has not granted any
loans or provided any guarantees or securities to the parties covered under Section 185 of the Act. The Company has complied with the
provisions of Section 186 of the Act in respect of grant of loans.
31. 31
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (13)
Disclosure in auditors report relating to deposits accepted
The Company has not accepted any deposits from the public and hence the directives issued by the Reserve Bank of India and the
provisions of Sections 73 to 76 or any other relevant provisions of the Act and the Companies (Acceptance of Deposit) Rules, 2015 with
regards to the deposits accepted from the public are not applicable.
Textual information (14)
Disclosure in auditors report relating to maintenance of cost records
(vi) The maintenance of Cost Records has not been specified by the Central Government under sub-section (1) of Section 148 of the
Act, in respect of the activities carried on by the company.
Textual information (15)
Disclosure in auditors report relating to statutory dues [Text Block]
According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts
deducted/ accrued in the books of account in respect of undisputed statutory dues including income tax, Goods and Service Tax and other
material statutory dues have generally been regularly deposited during the year by the Company with the appropriate authorities. As
explained to us, the Company did not have any dues on account of employees’ state insurance, sales tax, service tax, duty of customs, value
added tax, cess, provident fund and duty of excise.
Textual information (16)
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]
) According to the information and explanations given to us, no undisputed amounts payable in respect of statutory dues as referred above
were in arrears as at 31 March 2021 for a period of more than six months from the date they became payable.
Textual information (17)
Disclosure relating to disputed statutory dues [Text Block]
According to the records of the Company and representations made by the Management, there are no statutory dues as mentioned in
paragraph 3(vii)(a) which have not been deposited on account of any dispute.
Textual information (18)
Disclosure in auditors report relating to default in repayment of financial dues
The Company has not taken any loan either from banks, financial institutions or from the government and has not issued any debentures.
Accordingly, the provisions of paragraph 3(viii) of the Order are not applicable
32. 32
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (19)
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
(vi) Based upon the audit procedures performed and the information and explanations given by the management, the company has not
raised moneys by way of initial public offer or further public offer including debt instruments and Term Loans.
Textual information (20)
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
(vi) During the course of our examination of the books and records of the company, carried out in accordance with the generally
accepted auditing practice in India, and according to the information and explanation given to us, we have neither come across any instance
of fraud on or by the company, noticed or reported during the year, nor have we been informed of any such case by the management.
Textual information (21)
Disclosure in auditors report relating to managerial remuneration
(vi) According to the information and explanations given to us and on the basis of our examination of the records of the Company,
though managerial remuneration has been paid/ provided, the Company being a private limited company, provisions of Section 197 read with
Schedule V of the Companies Act, 2013 is not applicable to the Company.
Textual information (22)
Disclosure in auditors report relating to transactions with related parties
(xiii) As per information and explanation given to us and on the basis of our examination of the records of the Company, all the transaction
with related parties are in compliance with section 177 and 188 of Companies Act 2013 and all the details have been disclosed in financial
statements as required by the applicable Accounting Standards.
Textual information (23)
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
According to the information and explanations given to us and on the basis of our examination of the records, the Company has not made any
preferential allotment or private placement or not issued any debenture during the year under review. Accordingly, the provisions of
paragraph 3(xiv) of the Order are not applicable.
Textual information (24)
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him
According to the information and explanations given to us and on the basis of our examination of the records, Company has not entered into
any non-cash transactions with any director or any person connected with him. Accordingly, the provisions of Clauses 3(xv) of the Order are
not applicable to the Company.
Textual information (25)
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, 1934
Based on our examination of the financial statements of the company and as per the information and explanations given to us, company is
not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the provisions of Clauses 3(xvi) of
the Order are not applicable to the Company.
33. 33
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (26)
Disclosure in auditor’s report explanatory [Text Block]
INDEPENDENT AUDITOR’S REPORT
To the Members of Rehvar Infrastructure Private Limited
Report on the Financial Statements
Opinion
We have audited the accompanying Financial Statements of Rehvar Infrastructure Private Limited (“the Company”), which comprise the
Balance Sheet as at 31st March 2021, the Statement of Profit and Loss and the Cash Flow Statement for the year then ended and notes to the
financial statements, including a summary of significant accounting policies and other explanatory information (herein after referred to as
“Financial Statements”)
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 Companies Act, 2013 (“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, 2021, its Losses and Cash Flows for
the year ended on that date.
34. 34
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Basis for Opinion
We conducted our audit of the Financial Statements in accordance with the Standards on Auditing specified under section 143(10) of the
Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the
Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute
of Chartered Accountants of India (ICAI) together with the independence requirements that are relevant to our audit of the Financial
Statements under the provisions of the Companies Act, 2013 and the Rules made there under and we have fulfilled our other ethical
responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our audit opinion on these Financial Statements.
Management’s Responsibility for the Financial Statements
The Company’s Board of Directors is responsible for the matters stated in section 134(5) of the Companies Act, 2013 (“the Act”) with
respect to the preparation and presentation of these Financial Statements that give a true and fair view of the financial position and financial
performance of the Company in accordance with the accounting principles generally accepted in India, including the applicable Accounting
Standards prescribed 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
of 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
Independent Auditor’s Report (Continued)
RE: Rehvar Infrastructure Private Limited
Statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Financial Statements, management is responsible for assessing the Company’s ability to continue as a going concern,
disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends
to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
Those Board of Directors are also responsible for overseeing the Company’s financial reporting process.
35. 35
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the Financial Statements as a whole are free from material misstatement,
whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but
is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements
can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit.
We also:
Identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, design and perform audit
procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk
of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.
Under section 143(3)(i) of Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial
controls system in place and the operating effectiveness of such controls
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by
management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related
disclosures in the Financial Statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as
a going concern.
Evaluate the overall presentation, structure and content of the Financial Statements, including the disclosures, and whether the Financial
Statements represent the underlying transactions and events in a manner that achieves fair presentation.
Independent Auditor’s Report (Continued)
RE: Rehvar Infrastructure Private Limited
36. 36
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and
significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding
independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our
independence, and where applicable, related safeguards.
Other Matters
· We draw attention note No. 22 of the Financial Statements which indicates that the company has accumulated losses. However, the
accompanying financial statements have been prepared under the going concern assumption considering the mitigating factors. Our opinion
on the Financial Statements and our report on Other Legal and Regulatory Requirements below, is not modified in respect of the above
matters with respect to our reliance on the work done and the reports of the other auditors.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor’s Report) Order, 2016 (“the Order”) issued by the Central Government of India in terms of
sub-section (11) of section 143 of the Act, we give in “Annexure A” statement on the matters specified in the 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
purposes of our audit.
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination
of those books
(c) The Balance Sheet, the Statement of Profit and Loss and the Cash Flow Statement dealt with by this Report are in agreement with the
books of account.
(d) In our opinion, the aforesaid Financial Statements comply with the Accounting Standards specified under Section 133 of the Act, read
with Rule 7 of the Companies (Accounts) Rules, 2014.
(e) On the basis of the written representations received from the directors as on 31st March, 2021 taken on record by the Board of
Directors, none of the directors is disqualified as on 31st March, 2021 from being appointed as a director in terms of Section 164(2) of the
Act.
37. 37
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
(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 “Annexure B”.
Independent Auditor’s Report (Continued)
RE: Rehvar Infrastructure Private Limited
(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 according to the explanations given to us:
i. The Financial Statements disclose the impact of pending litigations on the financial position of the Company – Refer Note 19 to
the Financial Statements;
ii. The company did not have any long-term contracts including derivative contracts for which there were any material foreseeable
losses;
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the company;
iv. With respect to the matters to be included in the Auditor’s Report in accordance with the requirements of section 197 (16) of the
Act, as amended:
According to the information and explanations given to us and on the basis of our examination of the records of the company, though
managerial remuneration has been paid/ provided, the Company being a private limited company, provisions of Section 197 read with
Schedule V of the Companies Act, 2013 is not applicable to the Company.
For, Adwani Peshavaria & Co.
Chartered Accountants
Place: Ahmedabad Firm Reg. No. 137123W
Date: 2nd November, 2021
38. 38
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Dhaval V Peshavaria
Partner
Membership No. 147712
UDIN: 21147712AAAAHB1665
Annexure - A to The Independent Auditor’s Report
RE: Rehvar Infrastructure Private Limited
(Referred to in Paragraph 1 under ‘Report on Other Legal and Regulatory Requirements’ section of our Report of even date)
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 2021, we report that:
(i) (a) The Company does not have any fixed assets, accordingly the provisions of paragraph 1 (a) to (c) of the Order are not
applicable.
(ii) The physical verification of inventory, including stocks with third parties, have been conducted at reasonable intervals by the
management during the year. In respect of inventory lying with third parties, these have substantially been confirmed by them. The
discrepancies noticed in physical verification of inventory as compared to book records were not material. The company carries out its
business activities through back to back sales and purchase with their parties in such circumstances it does not hold any physical inventory.
Accordingly the provisions of paragraph 3 (ii) of the Order are not applicable.
(iii) According to the information and explanation given to us and the records produced to us for our verification, the company has not
granted loans, secured or unsecured to companies, firms, Limited Liability Partnerships or other parties covered in the register maintained
under section 189 of the Companies Act, 2013. Accordingly, the provisions of paragraph 3 (iii) (a) to (c) of the Order are not applicable.
(iv) According to the information and explanations given to us and representations made by the Management, the Company has not granted
any loans or provided any guarantees or securities to the parties covered under Section 185 of the Act. The Company has complied with the
provisions of Section 186 of the Act in respect of grant of loans.
39. 39
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
(v) The Company has not accepted any deposits from the public and hence the directives issued by the Reserve Bank of India and the
provisions of Sections 73 to 76 or any other relevant provisions of the Act and the Companies (Acceptance of Deposit) Rules, 2015 with
regards to the deposits accepted from the public are not applicable.
(vi) The maintenance of Cost Records has not been specified by the Central Government under sub-section (1) of Section 148 of the
Act, in respect of the activities carried on by the company.
(vii) (a) According to the information and explanations given to us and on the basis of our examination of the records of the Company,
amounts deducted/ accrued in the books of account in respect of undisputed statutory dues including income tax, Goods and Service Tax and
other material statutory dues have generally been regularly deposited during the year by the Company with the appropriate authorities. As
explained to us, the Company did not have any dues on account of employees’ state insurance, sales tax, service tax, duty of customs, value
added tax, cess, provident fund and duty of excise.
(b) According to the information and explanations given to us, no undisputed amounts payable in respect of statutory dues as referred above
were in arrears as at 31 March 2021 for a period of more than six months from the date they became payable.
Annexure - A to The Independent Auditor’s Report (Continued)
RE: Rehvar Infrastructure Private Limited
(c) According to the records of the Company and representations made by the Management, there are no statutory dues as mentioned in
paragraph 3(vii)(a) which have not been deposited on account of any dispute.
(viii) The Company has not taken any loan either from banks, financial institutions or from the government and has not issued any
debentures. Accordingly, the provisions of paragraph 3(viii) of the Order are not applicable.
(ix) Based upon the audit procedures performed and the information and explanations given by the management, the company has not
raised moneys by way of initial public offer or further public offer including debt instruments and Term Loans.
(x) During the course of our examination of the books and records of the company, carried out in accordance with the generally
accepted auditing practice in India, and according to the information and explanation given to us, we have neither come across any instance
of fraud on or by the company, noticed or reported during the year, nor have we been informed of any such case by the management.
(xi) According to the information and explanations given to us and on the basis of our examination of the records of the Company,
40. 40
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
though managerial remuneration has been paid/ provided, the Company being a private limited company, provisions of Section 197 read with
Schedule V of the Companies Act, 2013 is not applicable to the Company.
(xii) In our opinion, the Company is not a Nidhi Company and the Nidhi Rules, 2014 are not applicable to it. Accordingly, the provisions of
Clauses 3 (xii) of the Order are not applicable.
(xiii) As per information and explanation given to us and on the basis of our examination of the records of the Company, all the transaction
with related parties are in compliance with section 177 and 188 of Companies Act 2013 and all the details have been disclosed in financial
statements as required by the applicable Accounting Standards.
(xiv) According to the information and explanations given to us and on the basis of our examination of the records, the Company has not
made any preferential allotment or private placement or not issued any debenture during the year under review. Accordingly, the provisions
of paragraph 3(xiv) of the Order are not applicable.
(xv) According to the information and explanations given to us and on the basis of our examination of the records, Company has not entered
into any non-cash transactions with any director or any person connected with him. Accordingly, the provisions of Clauses 3(xv) of the Order
are not applicable to the Company.
Annexure - A to The Independent Auditor’s Report (Continued)
RE: Rehvar Infrastructure Private Limited
(xvi) Based on our examination of the financial statements of the company and as per the information and explanations given to us,
company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the provisions of Clauses
41. 41
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
3(xvi) of the Order are not applicable to the Company.
For, Adwani Peshavaria & Co.
Chartered Accountants
Place: Ahmedabad Firm Reg. No. 137123W
Date: 2nd November, 2021
Dhaval V Peshavaria
Partner
Membership No. 147712
UDIN: 21147712AAAAHB1665
Annexure - B to The Independent Auditor’s Report
RE: Rehvar Infrastructure Private Limited
Referred to in paragraph 2 (f) under ‘Report on Other Legal and Regulatory Requirements’ section of our Report of even date)
Report on the Internal Financial Controls under Clause (i) of sub-section 3 of section 143 of the Companies Act 2013 (the act).
Opinion
We have audited the internal financial controls over financial reporting of Rehvar Infrastructure Private Limited (the company) as of 31st
March, 2021 in conjunction with our audit of the financial statements of the company for the year ended on that date.
42. 42
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
In our opinion, the company is not having any defined SOP to manage its operations. Accordingly, there are some limitations in the control
aspects of financial reporting. In our opinion, except for the possible effects of the this material weakness, the company has maintained in all
material respects, an adequate internal financial controls over financial reporting and such internal financial controls over financial reporting
were operating effectively as of 31st March 2021 based on the internal financial controls over financial reporting criteria established by the
company considering the essential components of internal financial controls stated in the Guidance Note on audit of internal financial
controls over financial reporting issued by the Institute of Chartered Accountants of India.
Management’s Responsibilities 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. 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 Guidance
Note) 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.
Annexure - B to The Independent Auditor’s Report (Continued)
RE: Rehvar Infrastructure Private Limited
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 financial statements, whether due to fraud or error.
43. 43
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
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.
For, Adwani Peshavaria & Co.
Chartered Accountants
Place: Ahmedabad Firm Reg. No. 137123W
Date: 2nd November, 2021
44. 44
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Dhaval V Peshavaria
Partner
Membership No. 147712
UDIN: 21147712AAAAHB1665
[400500] Disclosures - Secretarial audit report
Unless otherwise specified, all monetary values are in INR
01/04/2020
to
31/03/2021
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
45. 45
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[100100] Balance sheet
Unless otherwise specified, all monetary values are in INR
31/03/2021 31/03/2020
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 1,00,000 1,00,000
Reserves and surplus -74,80,79,965 -2,85,81,808
Total shareholders' funds -74,79,79,965 -2,84,81,808
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 0 0
Other long-term liabilities 7,24,32,810 7,24,32,810
Long-term provisions 0 0
Total non-current liabilities 7,24,32,810 7,24,32,810
Current liabilities [Abstract]
Short-term borrowings 1,645,57,88,223 23,90,00,000
Trade payables (A) 50,40,776
0
Other current liabilities 7,16,31,499
(B) 1,870,03,43,239
Short-term provisions 0 0
Total current liabilities 1,653,24,60,498 1,893,93,43,239
Total equity and liabilities 1,585,69,13,343 1,898,32,94,241
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 0 0
Intangible assets 0 0
Total fixed assets 0 0
Non-current investments 0 0
Long-term loans and advances 7,19,26,740 137,84,30,761
Total non-current assets 7,19,26,740 137,84,30,761
Current assets [Abstract]
Current investments 992,50,00,000 993,11,37,420
Inventories 0 0
Trade receivables 20,82,751 49,600
Cash and bank balances 4,42,11,017 0
Short-term loans and advances 580,71,65,229 755,34,97,120
Other current assets 65,27,606 12,01,79,340
Total current assets 1,578,49,86,603 1,760,48,63,480
Total assets 1,585,69,13,343 1,898,32,94,241
Footnotes
(A) The Company has not received intimation from many suppliers regarding their status under Micro, Small and Medium Enterprise
Development Act, 2006. Further, there are no Micro and Small enterprise to whom company owes dues, which are outstanding for
more than 45 days as on 31st March, 2021. This information is required to be disclosed under the said Act, has been determined to
the extent such parties have been identified on the basis of information available with the company
(B) "Temporary Book Overdraft includes Rs. 17,82,83,74,306/- being temporary overdrawn balance in current account with
Scheduled Bank, which has been subsequently cleared on 3rd April, 2020."
46. 46
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Directors signing financial statements [Axis] 1 2
01/04/2020
to
31/03/2021
01/04/2020
to
31/03/2021
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director YOGESH LAXMIPRASAD
Middle name of director RAMANLAL RAMESHWARLAL
Last name of director SHAH CHAUDHARY
Designation of director DIRECTOR Managing Director
Director identification number of director 00103586 00006278
Date of signing of financial statements by director 02/11/2021 02/11/2021
47. 47
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[100400] Cash flow statement, indirect
Unless otherwise specified, all monetary values are in INR
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
31/03/2019
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax -71,94,98,157 -3,04,98,443
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 179,71,01,282 246,03,04,113
Other adjustments to reconcile profit (loss) (A) -99,34,63,954 (B) -242,98,46,130
Total adjustments to profit (loss) 80,36,37,328 3,04,57,983
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in trade receivables -20,33,150 -49,600
Adjustments for decrease (increase) in other current assets 3,54,51,980 -1,89,59,217
Adjustments for increase (decrease) in trade payables 50,40,776 0
Adjustments for increase (decrease) in other current liabilities -1,800,28,24,318 1,846,51,61,883
Total adjustments for working capital -1,796,43,64,712 1,844,61,53,066
Total adjustments for reconcile profit (loss) -1,716,07,27,384 1,847,66,11,049
Net cash flows from (used in) operations -1,788,02,25,541 1,844,61,12,606
Net cash flows from (used in) operating activities before extraordinary
items
-1,788,02,25,541 1,844,61,12,606
Net cash flows from (used in) operating activities -1,788,02,25,541 1,844,61,12,606
Cash flows from used in investing activities [Abstract]
Other cash receipts from sales of equity or debt instruments of other
entities (C) 65,60,316 (D) 4,40,00,000
Other cash payments to acquire equity or debt instruments of other
entities
(E) 0
(F) 997,50,00,000
Interest received 107,12,40,811 242,97,08,710
Net cash flows from (used in) investing activities before extraordinary
items
107,78,01,127 -750,12,91,290
Net cash flows from (used in) investing activities 107,78,01,127 -750,12,91,290
Cash flows from used in financing activities [Abstract]
Proceeds from borrowings (G) 1,926,96,24,135 (H) -849,21,49,493
Interest paid 242,29,88,704 246,03,04,113
Net cash flows from (used in) financing activities before extraordinary
items
1,684,66,35,431 -1,095,24,53,606
Net cash flows from (used in) financing activities 1,684,66,35,431 -1,095,24,53,606
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
4,42,11,017 -76,32,290
Net increase (decrease) in cash and cash equivalents 4,42,11,017 -76,32,290
Cash and cash equivalents cash flow statement at end of period 4,42,11,017 0 76,32,290
Footnotes
(A) Interest Income : -993041058 Capital Gain on Mutual Funds : -422896
(B) Interest Income : -2429708710 Capital Gain on Mutual Funds : -137420
(C) Proceeds from Mutual Funds : 6137420 Gain on Sale of Mutual Fund : 422896
(D) Proceeds from Mutual Funds : 44000000 Gain on Sale of Mutual Fund : 0
(E) Investments in Debentures : 0 Investments in Perpetual Debt : 0 Investments in Mutual Funds : 0
(F) Investments in Debentures : 9675000000 Investments in Perpetual Debt : 250000000 Investments in Mutual Funds : 50000000
(G) Proceeds from Short Term Borrowings (Net) : 16216788223 Proceeds from Long Term Loans(Net) : 1306504020 Short term
loans & Advances : 1746331892
(H) Proceeds from Short Term Borrowings (Net) : -841000000 Proceeds from Long Term Loans(Net) : -97652373 Short term loans
& Advances : -7553497120
48. 48
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[200100] Notes - Share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classes of share capital [Axis] Equity shares [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Number of shares held in company [shares] 5,000 [shares] 5,000 [shares] 5,000 [shares] 5,000
Disclosure of shareholding more than five per cent in company [Table] ..(2)
Unless otherwise specified, all monetary values are in INR
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share
EQUITY SHARE
CAPITAL
EQUITY SHARE
CAPITAL
EQUITY SHARE
CAPITAL
EQUITY SHARE
CAPITAL
Name of shareholder
Laxmiprasad
Chaudhary
Laxmiprasad
Chaudhary
Yogesh Ramanlal
Shah
Yogesh Ramanlal
Shah
PAN of shareholder AAFPC7454B AAFPC7454B ADBPS7420E ADBPS7420E
Country of incorporation or residence of
shareholder
INDIA INDIA INDIA INDIA
Number of shares held in company [shares] 5,000 [shares] 5,000 [shares] 5,000 [shares] 5,000
Percentage of shareholding in company 50.00% 50.00% 50.00% 50.00%
49. 49
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Disclosure of classes of share capital [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares authorised 1,00,000 1,00,000 1,00,000 1,00,000
Number of shares issued [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares issued 1,00,000 1,00,000 1,00,000 1,00,000
Number of shares subscribed and fully paid [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares subscribed and fully paid 1,00,000 1,00,000 1,00,000 1,00,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
Total number of shares subscribed [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Total value of shares subscribed 1,00,000 1,00,000 1,00,000 1,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares called 1,00,000 1,00,000 1,00,000 1,00,000
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and
officers
0 0 0 0
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 1,00,000 1,00,000 1,00,000 1,00,000
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
debentures preference shares during
period
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in other private
placement
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as preferential
allotment arising out of conversion of
debentures preference shares during
period
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as other
preferential allotment
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares allotted for
contracts without payment received
in cash
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under scheme of
amalgamation
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee
stock option plan
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issue of shares
arising out of conversion of
securities
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Total aggregate number of shares issued
during period
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Decrease in number of shares during period
[Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
50. 50
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Total decrease in number of shares during
period
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Total increase (decrease) in number of
shares outstanding
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 0 0 0 0
Amount of private placement issue
arising out of conversion of debentures
preference shares during period
0 0 0 0
Amount of other private placement issue
during period
0 0 0 0
Amount of preferential allotment issue
arising out of conversion of debentures
preference shares during period
0 0 0 0
Amount of other preferential allotment
issue during period
0 0 0 0
Amount of issue allotted for
contracts without payment
received in cash during period
0 0 0 0
Amount of issue under scheme of
amalgamation during period
0 0 0 0
Amount of other issues during period 0 0 0 0
Amount of employee stock option plan
issued during period
0 0 0 0
Amount of other issue arising out of
conversion of securities during
period
0 0 0 0
Total aggregate amount of increase in
share capital during period
0 0 0 0
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
period
0 0 0 0
Total increase (decrease) in share capital 0 0 0 0
Share capital at end of period 1,00,000 1,00,000 1,00,000 1,00,000
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by ultimate holding
company
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its
holding company
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its
ultimate holding company
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its
holding company
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its
ultimate holding company
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Total shares in company held by holding company
or ultimate holding company or by its
subsidiaries or associates
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares reserved for issue under options
and contracts or commitments for sale of
shares or disinvestment
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or
disinvestment
0 0 0 0
Aggregate number of fully paid-up shares issued
pursuant to contracts without payment being
received in cash during last five years
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of fully paid-up shares
issued by way of bonus shares during last
five years
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of shares bought back during
last five years
[shares] 0 [shares] 0 [shares] 0 [shares] 0
51. 51
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Original paid-up value of forfeited shares 0 0 0 0
Terms of securities convertible into
equity/preference shares issued along with
earliest date of conversion in descending order
starting from farthest such date [TextBlock]
Textual information
(27) [See below]
Textual information
(28) [See below]
Textual information
(29) [See below]
Textual information
(30) [See below]
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for
refund, principal
0 0 0 0
Application money received for
allotment of securities and due for
refund, interest accrued
0 0 0 0
Total application money received for
allotment of securities and due for refund
and interest accrued thereon
0 0 0 0
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0
52. 52
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Disclosure of classes of share capital [Table] ..(2)
Unless otherwise specified, all monetary values are in INR
Classes of share capital [Axis] Equity shares 1 [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Type of share Equity Equity
Number of shares authorised [shares] 10,000 [shares] 10,000
Value of shares authorised 1,00,000 1,00,000
Number of shares issued [shares] 10,000 [shares] 10,000
Value of shares issued 1,00,000 1,00,000
Number of shares subscribed and fully paid [shares] 10,000 [shares] 10,000
Value of shares subscribed and fully paid 1,00,000 1,00,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 10,000 [shares] 10,000
Total value of shares subscribed 1,00,000 1,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 10,000 [shares] 10,000
Value of shares called 1,00,000 1,00,000
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and officers 0 0
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 1,00,000 1,00,000
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0
Number of shares issued in private placement arising out of conversion
of debentures preference shares during period
[shares] 0 [shares] 0
Number of shares issued in other private placement [shares] 0 [shares] 0
Number of shares issued as preferential allotment arising out of
conversion of debentures preference shares during period
[shares] 0 [shares] 0
Number of shares issued as other preferential allotment [shares] 0 [shares] 0
Number of shares allotted for contracts without payment received in cash [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee stock option plan [shares] 0 [shares] 0
Number of other issue of shares arising out of conversion of securities [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0 [shares] 0
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 10,000 [shares] 10,000
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0 0
Amount of bonus issue during period 0 0
Amount of rights issue during period 0 0
Amount of private placement issue arising out of conversion of
debentures preference shares during period
0 0
Amount of other private placement issue during period 0 0
53. 53
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Amount of preferential allotment issue arising out of conversion of
debentures preference shares during period
0 0
Amount of other preferential allotment issue during period 0 0
Amount of issue allotted for contracts without payment received in cash
during period
0 0
Amount of issue under scheme of amalgamation during period 0 0
Amount of other issues during period 0 0
Amount of employee stock option plan issued during period 0 0
Amount of other issue arising out of conversion of securities during period 0 0
Total aggregate amount of increase in share capital during period 0 0
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
Total decrease in share capital during period 0 0
Total increase (decrease) in share capital 0 0
Share capital at end of period 1,00,000 1,00,000
Shares in company held by holding company or ultimate holding company or by its
subsidiaries or associates [Abstract]
Shares in company held by holding company [shares] 0 [shares] 0
Shares in company held by ultimate holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate holding company [shares] 0 [shares] 0
Shares in company held by associates of its holding company [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding company [shares] 0 [shares] 0
Total shares in company held by holding company or ultimate holding company
or by its subsidiaries or associates
[shares] 0 [shares] 0
Shares reserved for issue under options and contracts or commitments for sale of
shares or disinvestment
[shares] 0 [shares] 0
Amount of shares reserved for issue under options and contracts or commitments
for sale of shares or disinvestment
0 0
Aggregate number of fully paid-up shares issued pursuant to contracts
without payment being received in cash during last five years
[shares] 0 [shares] 0
Aggregate number of fully paid-up shares issued by way of bonus shares during last
five years
[shares] 0 [shares] 0
Aggregate number of shares bought back during last five years [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0 0
Terms of securities convertible into equity/preference shares issued
along with earliest date of conversion in descending order starting from
farthest such date [TextBlock]
Textual information
(31) [See below]
Textual information
(32) [See below]
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund,
principal
0 0
Application money received for allotment of securities and due for refund,
interest accrued
0 0
Total application money received for allotment of securities and due for
refund and interest accrued thereon
0 0
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0
Unless otherwise specified, all monetary values are in INR
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
shares in company
Yes Yes
Whether money raised from public offering during year No No
54. 54
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Textual information (27)
Terms of securities convertible into equity/preference shares issued along with earliest date of conversion in
descending order starting from farthest such date [Text Block]
Terms/ rights attached to equity shares
a. The company has only one class of equity shares having par value of 10 per share. Each holder of equity shares is entitled to one vote
per share. The company declares and pays dividends in Indian rupees. The dividend if proposed by the Board of Directors is subject to
the approval of the shareholders in the ensuing Annual General Meeting.
b. In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company,
after distribution of all preferential amounts.
Textual information (28)
Terms of securities convertible into equity/preference shares issued along with earliest date of conversion in
descending order starting from farthest such date [Text Block]
Terms/ rights attached to equity shares
a. The company has only one class of equity shares having par value of 10 per share. Each holder of equity shares is entitled to one vote
per share. The company declares and pays dividends in Indian rupees. The dividend if proposed by the Board of Directors is subject to
the approval of the shareholders in the ensuing Annual General Meeting.
b. In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company,
after distribution of all preferential amounts.
Textual information (29)
Terms of securities convertible into equity/preference shares issued along with earliest date of conversion in
descending order starting from farthest such date [Text Block]
Terms/ rights attached to equity shares
a. The company has only one class of equity shares having par value of 10 per share. Each holder of equity shares is entitled to one vote
per share. The company declares and pays dividends in Indian rupees. The dividend if proposed by the Board of Directors is subject to
the approval of the shareholders in the ensuing Annual General Meeting.
b. In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company,
after distribution of all preferential amounts.
Textual information (30)
Terms of securities convertible into equity/preference shares issued along with earliest date of conversion in
descending order starting from farthest such date [Text Block]
Terms/ rights attached to equity shares
a. The company has only one class of equity shares having par value of 10 per share. Each holder of equity shares is entitled to one vote
per share. The company declares and pays dividends in Indian rupees. The dividend if proposed by the Board of Directors is subject to
the approval of the shareholders in the ensuing Annual General Meeting.
b. In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company,
after distribution of all preferential amounts.