Page 178 - Arvind 2024

Notes to Standalone Financial Statements for the year ended 31st March, 2024 (Amount in Rs. Lac, unless stated otherwise)
11 Other assets
(Unsecured, considered good)
Prepaid expenses
Capital Advances
Advances to suppliers
Balance with government authorities
Advance for land (refer note below)
Other Receivables from LLP / Subsidiaries (refer note 38)
Others advances
40.18 - 410.57 152.52 2,205.00 -
22.16
2,830.43
Particulars
Non current portion
Current portion
March 31, 2024
March 31, 2023
March 31, 2024
March 31, 2023
3.04
4.68
52.54
600.00
-
-
-
-
256.15
207.19
207.44
187.21
100.00
950.00
1,055.00
13,363.74
14,959.51
-
-
12.49
16,134.12
49.19
14,273.97
1,600.09
Note: (i) Advance for land though unsecured, are considered good as the advances have been given based on arrangement/memorandum of understanding executed by the company and the company/seller/ intermediary is in the course of obtaining clear and marketable title, free from all encumbrances, including for certain properties under litigation.
(ii) Balance with government authorities includes amounts paid under protest Rs.207.19 Lac ( March 31, 2023 : Rs.207.19 Lac )
(iii) No advances are due from directors or other officers of the company, either severally or jointly with any other person.
12 Equity share capital
(a) Authorised
5,00,00,000 (March 31, 2023 : 5,00,00,000) equity shares of Rs. 10/- each (P.Y. Rs. 10/-)
(b) Issued, subscribed and fully paid-up
4,53,43,979 (March 31, 2023 : 4,53,11,979) equity shares of Rs. 10/- each (P.Y. Rs. 10/-)
(c) Reconciliation of shares outstanding at the beginning and at the end of the reporting year
5,000.00 4,531.20
4,246.20
-
285.00
4,531.20
Particulars
March 31, 2024
March 31, 2023
5,000.00
4,534.40
Particulars
March 31, 2024
March 31, 2023
No. of shares
Amount
No. of shares
Amount
4,53,11,979
4,531.20
32,000
3.20
-
-
4,53,43,979
4,534.40
Equity Shares
Outstanding at beginning of the year
Add :
Equity shares issued under ESOP scheme
Shares issued pursuant to preferential share warrants Outstanding at end of the year
4,24,61,979
-
28,50,000
4,53,11,979
(d) The company has allotted Nil (March 31 2023 - 28,50,000) equity shares of Rs. 10 each on pursuant to conversion of warrants to equity shares to Kausalya Realserve LLP.
(e) Terms / rights attached to the equity shares
The company has only one class of shares referred to as equity shares having a par value of Rs.10/-. Each holder of equity shares is entitled to one vote per share. The parent Company declares and pays dividend in Indian Rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General meeting.
176 | Arvind SmartSpaces Limited