Rander Corporation Ltd. ಖಾತೆಯ ಉಪಯುಕ್ತ ಮಾಹಿತಿ

Mar 31, 2025

7. Provisions and Contingent Liabilities

Provisions are recognized when the Company

(a) has a present obligation (legal or constructive) as a result of a past event,

(b) it is probable that an outflow of resources embodying economic benefits will be required to
settle the obligation and

(c) reliable estimate can be made of the amount of the obligation.

Provisions are measured at the best estimate of the expenditure required to settle the present
obligation at the Balance Sheet date. If the effect of the time value of money is material, provisions
are discounted to reflect its present value using a current pre-tax rate that reflects the current market
assessments of the time value of money and the risks specific to the obligation. When discounting is
used, the increase in the provision due to the passage of time is recognized as a finance cost.

Contingent liabilities are disclosed when there is a possible obligation arising from past events, the
existence of which will be confirmed only by the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control of the Company or a present obligation that
arises from past events where it is either not probable that an outflow of resources will be required to
settle or a reliable estimate of the amount cannot be made.

8. EMPLOYEE BENEFITS/ RETIREMENT BENEFITS:

Employee benefits include provident fund, superannuation fund, gratuity fund, compensated
absences, long service awards and post-employment medical benefits.

SHORT-TERM OBLIGATION:

Short-term employee benefits like salaries, wages, bonus and welfare expenses payable wholly
within twelve months of rendering the services are accrued in the year in which the associated
services are rendered by the employees and are measured at the amounts expected to be paid
when the liabilities are settled.

LONG-TERM OBLIGATION

Compensated absences which are not expected to occur within twelve months after the end of
the period in which the employee renders the related service are recognised as a liability at the
present value of the defined benefit obligation as at the Balance Sheet date, less the fair value of
the plan assets out of which the obligations are expected to be settled. Long Service Awards are
recognised as a liability at the present value of the defined benefit obligation as at the Balance
Sheet date.

DEFINED CONTRIBUTION PLANS

Contributions to defined contribution schemes such as employees’ state insurance, labour
welfare fund, superannuation scheme, employee pension scheme etc. are charged as an expense
based on the amount of contribution required to be made as and when the employees render
services. The company’s provident fund contribution, in respect of certain employees, is made to
a government-administered fund and charged as an expense to the Statement of Profit and Loss.
The above benefits are classified as Defined Contribution Schemes as the Company has no
further defined obligations beyond the monthly contributions.

9. Earnings Per Share

Basic earnings per share is computed by dividing the net profit for the period attributable to the
equity shareholders of the Company by the weighted average number of equity share
outstanding during the period. The weighted average number of equity shares outstanding
during the period and for all periods presented is adjusted for events, such as bonus shares,
other than the conversion of potential equity shares that have changed the number of equity
shares outstanding, without a corresponding change in resources.

For the purpose of calculating diluted earnings per share, if any, the net profit for the period
attributable to equity shareholders and the weighted average number of shares outstanding
during the period is adjusted for the effects of all dilutive potential equity shares.

B. Other Notes to Acco unts

1) In the opinion of the management, the current assets, loans and advances have the values on
realization in the ordinary course of business at least equal to the amounts at which they are stated

in the balance sheet, except for trade receivables and loans and advances which are covered
under the management’s policy in respect of bad and doubtful debts as taken in the previous
years, if any.

2) Debit and Credit balances are subject to confirmation and reconciliation.

3) There are no dues to Micro, Small & Medium Enterprises as at Balance Sheet date and no interest
has been paid to any such parties. This is based on the information on such parties identified on
the basis of information available with the Company and relied upon by the auditors.

5) The previous year’s figures have been regrouped /reclassified wherever considered
necessary.

The accompanying notes are an integral part of the financial statements.

---

Mar 31, 2015

1 Background

Rander Corporation Limited ('the Company') was incorporated in the year 1993 and is listed as public limited company under the Company under the Companies Act, 1956 on Bombay Stock Exchange Limited ("BSE"), Mumbai.

The Company is a real estate company, primarily engaged in construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra, India. The Company is also engaged in 'Securities Trading and Financing Business' under NBFC license.

2. Capital commitment and contingent liability

There are no estimated amounts of contracts remaining to be executed net of advances and not provided for on capital account as at the balance sheet date. The Company does not any contingent liabilities outstanding at the period.

3. Related Party Disclosures:

Transactions with Related Parties in the ordinary course of business

Nature of transaction Name of Related Party

Remuneration Mr. Amarchand Rander

Office Rent Mrs. Namita Rander

Office Rent Mrs. Durgadevi Rander

---

Mar 31, 2014

1 Background

Rander Corporation Limited (''the Company'') was incorporated in the year 1993 and is listed as public limited company under the Company under the Companies Act, 1956 on Bombay Stock Exchange Limited (“BSE"), Mumbai.

The Company is a real estate company, primarily engaged in construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra, India. The Company is also engaged in financing and investing activities.

The Company has only one class of shares viz. equity shares of par value of Rs. 1 each. The Company had split its shares of face value of Rs. 10 in the ratio 1:10 in October 2013 and each shareholder received 10 shares of face value of Re.1. Holder of equity shares is entitled to one vote per share. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts. However, no such preferential amounts exist currently. The distribution will be in proportion to the number of equity shares held by the shareholders.

2 Capital commitment and contingent liability

There are no estimated amounts of contracts remaining to be executed net of advances and not provided for on capital account as at the balance sheet date. The Company does not any contingent liabilities outstanding at the period.

3 Earnings per share

Net profit after tax attributable to equity shareholders [A]

Number of shares at the beginning of the year Number of shares issued during the year Total Number of shares at the end of the year

Weighted average number of equity shares outstanding during the year [B] Nominal value of shares Basic earnings are share (Face value Rs. 1) {[A] / [B]}

4 Particulars of Managerial Remuneration Salary, allowance and other perquisites

5 Auditor''s Remuneration Audit fees

6 Expenditure in foreign currency (on accrual basis)

Import of trading goods

7 Related Party Disclosures:

Transactions with Related Parties in the ordinary course of business

Nature of transaction Remuneration

Remuneration (Resigned 28.5.2013) Office Rent Office Rent Unsecured Loan

Name of Related Party Mr. Amarchand Rander Mr. Anil Kumar Dhoot Mrs. Namita Rander Mrs. Durgadevi Rander Mrs. Komal Rander

---

Mar 31, 2013

1. Background

Rander Corporation Limited (''the Company'') was incorporated in the year 1993 and is listed as public limited company under the Company under the Companies Act, 1956 on Bombay Stock Exchange Limited ("BSE''''), Mumbai.

The Company is a real estate company, primarily engaged in construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra, India. The Company is also engaged in financing and investing activities.

2 Capital commitment and contingent liability

There are no estimated amounts of contracts remaining to be executed net of advances and not provided for on capital account as at the balance sheet date. The Company does not any contingent liabilities outstanding at the period.

3 Related Party Disclosures:

A. Relate parties and nature of relationships:

(I) Key Management Personnel

Mr. Amarchand Rander Chairman & Managing Director

Mr. Anil Kumar Dhoot Director

4 Segment Reporting

A. Business Segment:

The Company operates in three business segments viz. ''Construction and real estate development'', ''Trading business'' and ''Securities trading and financing business.

B. Geographical Segment:

The Company operates in one Geographical Segment viz. ''Within India'', hence no separate information for Geographic Segment wise disclosure is required.

---

Mar 31, 2012

1 Background

Rander Corporation Limited ('the Company') was incorporated in the year 1993 and is listed as public limited company under the Company under the Companies Act, 1956 on Bombay Stock Exchange Limited ("BSE''), Mumbai.

The Company is a real estate company, primarily engaged in construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra, India. The Company is also engaged in financing and investing activities.

'Of the above equity shares issued during the financial year 1995-96, 17,400 equity shares of Rs. 10 each had been forfeited.

The Company has only one class of shares viz. equity shares of par value of Rs. 10 each. Holder of equity shares is entitled to one vote per share. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts. However, no such preferential amounts exist currently. The distribution will be in proportion to the number of equity shares held by the shareholders.

There are no shareholders holding more than 5% shares as at 31 March 2012.

The reconciliation of the number of equity shares outstanding as at 31 March 2012 and 31 March 2011 is set out below :

During the previous financial year 2010-11, the Company has issued 7,500,000 equity shares of face value Rs. 10 each @ Rs. 13 per share (including premium of Rs. 3 per share (including premium of Rs. 3 per equity share) on preferential basis to individuals, bodies corporate and promoters of which 7,350,000 shares have been fully subscribed by prefrential shareholders.

2 Segment Reporting

A. Business Segment :

The Company operates in three business segments viz. 'Construction and real estate development', 'Trading busines1 and 'Securities trading and financing business.

B. Geographical Segment :

The Company operates in one Geographical Segment viz. 'Within India', hence no seprate information for Geographic Segment wise disclosure is required.

---

Mar 31, 2011

1. Background

Rander Corporation Limited (‘the Company’) was incorporated in the year 1993 and is listed on Bombay Stock Exchange Limited, Mumbai.

The Company is a real estate company, primarily engaged in construction business and mainly operates in Boisar, Tarapur region of Maharashtra. The Company is also engaged in financing business.

2. There is no estimated amount of contracts remaining to be executed net of advances and not provided for on capital account as at the Balance Sheet date. The Company does not have any contingent liability as on the balance sheet date.

3. Currency

The Company operates, prepares and presents its accounts only in one single currency i.e Indian Rupees. The figures have been rounded off to nearest Rupee.

4. Earnings /Expenditure in Foreign Currency

The Company has neither incurred any expenses nor earned any income in foreign currency during the current and previous financial years.

5. Amount Due to Micro, Small and Medium Enterprises and to Small Scale Industrial Undertaking

There are no amounts outstanding for more than 30 days due to any Micro, Small and Medium Enterprises and to Small Scale Industrial Undertaking as at the balance sheet date. This information and that given in Schedule 11 - "Liabilities" regarding dues to these entities has been determined to the extent identified on the basis of information available with the Company. This information has been relied upon by the auditors.

6. Impairment of Assets

All the Assets have been tested for the impairment at the balance sheet date and as a result of same, the management of the Company does not consider any impairment in the value of any asset.

7. Segment Reporting

A. Business Segment :

The Company operates only in one business segment i.e. construction and real estate development and the same has been considered as primary segment.

B. Geographical Segment :

The Company operates in one Geographical Segment viz. 'Within India', hence no seprate information for Geographic Segment wise disclosure is required.

11 Related Party Disclosures

A. Related Parties and Nature of Relationships :

(i) Group Companies -

Rander Holdings Private Limited

(ii) Key Management Personnel

Mr. Amarchand Rander Chairman and Managing Director

Mr. Anilkumar Dhoot Executive Director

Mr. Ashok Agrawal Non-Executive Director

Mr. S. K. Baldwa Non-Executive Director

(iii) There are no enterprises over which (i) and (ii) above, are able to exercise significant influence with whom transactions have taken place.

8 Information to the extent not disclosed, with regards to other matters specified in Part II of Schedule VI of the Act, are either NIL or Not Applicable to the Company for the year ended 31 March, 2011.

9 Previous year's figures have been regrouped/rearranged wherever necessary to conform to current year's presentation.

---

Mar 31, 2010

1. There is no estimated amount of contracts remaining to be executed net of advances and not provided for on capital account as at the Balance Sheet date. The Company does not have any contingent liability as on the balance sheet date.

2. Currency

The Company operates, prepares and presents its accounts only in one single currency i.e Indian Rupees. The figures have been rounded off to nearest Rupee

3. Earnings/Expenditure in Foreign Currency

The Company has neither incurred any expenses nor earned any income in foreign currency during the current and previous financialyears.

4. Amount Due to Micro, Small and Medium Enterprises and to Small Scale In dustrial Undertaking

There are no amounts outstanding for more than 30 days due to any Micro, Small and Medium Enterprises and to Small Scale Industrial Undertaking as at the balance sheet date. This information and that given in Schedule 11 - "Liabilities" regarding dues to these entities has been determined to the extent identified on the basis of information available with the Company This information has been rehedupon by the auditors.

5. Impairment of Assets

All the Assets have been tested for the impairment at the balance sheet date and as a result of same, the management of the Company does not consider any impairment in the value of anyasset.

6. Segment Reporting

A. Business Segment:

The Company operates only in one business segment i.e. construction and real estate development and the same has been considered as primary segment.

B. Geographical Segment:

The Company operates in one Geographical Segment viz. Within India, hence no seprate information for Geographic Segment wise disclosure is required.

7 Related Party Disclosures

A. Related Parties and Nature of Relationships :

(i) Group Companies-

Rander Holdings Private Limited

(ii) Key Management Personnel

Mr. Amarchand Rander Chairman

Mr.Anilkumar Dhoot Director

Mr. Ashok Agrawal Non-Executive Independent Director

Mr. Suresh Maheshwari Non-Executive Independent Director

Mr. S. K. Baldwa Non-Executive Independent Director

(iii) There are no enterprises over which (i) and (ii) above, are ableto exercise significant influence with whom transactions have taken place.

8 Previous years figures have been regrouped/rearranged wherever necessary to conform to current years presentation.