Notes on
Accounts
C. Outstanding balance and balance written off/written back:-
Description
Outstanding Balances
Written off/Written back
(
`
million)
(
`
million)
As At
As At
As At
As At
31st March,
31st March,
31st March,
31st March,
2014
2013
2014
2013
Key Management Personnel
–
–
–
–
Others
–
–
–
–
36. Segmental Reporting:
The business activity of the Company falls within one broad business segment viz “Ceramic Tiles” and substantially sale of the
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The Institute of Chartered Accountants of India. Hence the disclosure requirement of Accounting Standard 17 of “Segment
Reporting” issued by the Institute of Chartered Accountants of India is not considered applicable.
37. Share Warrants:
The Company had, in its EOGM dated 6th November, 2013 approved the issuance of 3885420 warrants to M/s. WestBridge
Crossover Fund LLC and as per terms of issue, 25% of the total consideration, amounting to
`
250 million has been received
during the year. Each warrant is convertible into one equity share of
`
2/- each at a premium of
`
255.372433 per share as per SEBI
(ICDR) regulations, 2009 for Preferential issues, within one year from the date of allotment, i.e., 11th November, 2013.
B. The following transactions were carried out with related parties in the ordinary course of business :-
Related Party Transactions
Key Management
Others
Personnel &
their relatives
Service Charges Paid
Dua Engineering Works Pvt. Ltd.
–
13.48
(–)
(10.79)
Directors’ Remuneration
Sh. Ashok Kajaria
25.89
–
(36.54)
(–)
Sh. Chetan Kajaria
39.40
–
(32.69)
(–)
Sh. Rishi Kajaria
39.40
–
(32.69)
(–)
Sh. B. K. Sinha
4.33
–
(3.94)
(–)
Purchase of shares of Subsidiary
Sh. Versha Devi Kajaria
0.01
(–)
(–)
(–)
Sh. Chetan Kajaria
0.01
–
(–)
(–)
Sh. Rishi Kajaria
0.01
–
(–)
(–)
Donation Paid
Malti Devi Kajaria Charitable Trust
–
4.25
(–)
(2.63)
Security Deposit received back
Dua Engineering Works Pvt. Ltd.
–
29.00
(–)
(–)
(
`
in million)
(Figures in brackets are for previous year)
91
Annual Report 2013-14
