Page 255 - Arvind 2024

Corporate Overview Statutory Reports Financial Statements
Notes to Consolidated Financial Statements for the year ended 31st March, 2024 (Amount in Rs. Lac, unless stated otherwise)
Name of the party
Nature of Transactions
Transactions during the year ended March 31,2023
Balance Outstanding as at March 31,2023
Relationship with the struck off company
KRISHNA MARKETING
LINTAS INDIA PVT. LTD.
OMICRON MARKETING
PATEL TRADERS
SETU INFRASTRUCTURE
R J ASSOCIATES
SM CONSTRUCTION
Sagar Fabrication
RUDRA ENTERPRISE MURLIDHAR ENGINEERING J K ASSOCIATES
*Amount less than Rs. 1 Lac
Receivable
Payable
Payable
Payable
Payable
Payable
Payable
Payable
Payable
Payable
Payable
4.24 2.14 -
(4.72) - -
* * -
* * -
* * -
* * -
* * -
- * -
- * -
* * -
(1.41) - -
Note 3:. Trade payables for goods and services days terms
are non-interest bearing
and are normally settled on 30 to 90
Note 4: Based on information and records available with Group, details of
small or medium enterprise under “The Micro, Small and Medium Enterprise Development Act, 2006” (Act) till March 31, 2024 is as mentioned below. This has been relied upon by the auditors.
On the basis of the information and records available with management, details of dues to micro and small enterprises as defined under the MSMED Act, 2006 are as below:
suppliers who are registered as micro,
Particulars
As at March 31, 2024
As at March 31, 2023
304.58
-
-
-
-
-
Principal amount remaining unpaid to any supplier as at the year end Interest due thereon
Amount of interest paid in terms of section 16 of the MSMED, along with the amount of the payment made to the supplier beyond the appointed day during the accounting year
Amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the period) but without adding the interest specified under the MSMED. Amount of interest accrued and remaining unpaid at the end of the accounting year.
Amount of further interest remaining due and payable even in the succeeding years, until such date when the interest dues as above are actually paid to the small enterprise for the purpose of disallowance as a deductible expenditure under section 23 of the MSMED Act 2006
Note 5: Refer Note 35 for group’s credit risk management process. 16 Other financial liabilities
Interest accrued but not due on borrowings Unclaimed Dividend
Employee Benefits Expense Payable Advances against capital contribution
99.43 - -
-
- -
343.12 4.40 311.71 919.65 1,578.88
Particulars
March 31, 2024
March 31, 2023
146.47
11.48
483.24
916.53
1,557.72
Annual Report 2023-24 | 253