Ms Kalyan Industries

8/12/2019 Ms Kalyan Industries

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a'' rese t a d future sto&!s a d boo! debts.

2. y othe&atio by ay of first a d e &'usi+e &har e oa'' rese t a d future %i ed *ssets

o

COLLATERAL SECURIT$ PROVIDED ('-for"at'o- a pro/' e @; F 'r")

Sr.No Propert;

De r'pt'o-

C't; & State O!-er Area (S . $ ) T;pe of

propert;

(Re ' e-t'a1#Co

""er 'a1#I-

tra'1#La-

6. *M/sKalyanIndustries JagadhriRoad, Yamunanagar-135001Legaladdress:Commer&ia'#ro erty8B-1812 2 9a!a:

$a!ba: ;a adhri$oad

amu a a ar:135003: u'':;a adhri:

arya a:< dia

amu a a ar:

arya a

=8s >a'ya

< dustries

315 S?. rds Commer&ia'

I- t0e a@ e- e of '-for"at'o- a- o "e-t of propert'e , !e are -a@1e to report t0at !0et0er t0e a@o/e

propert'e o/er 663 of t0e e po re or -ot.

AUDIT ASSESS ENT

O/era11 a 't a e "e-t (o/era11 o@ er/at'o-


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Ae ha+e +erified the dates of sto&! stateme ts submitted to the bra &h a d sameare fou d to be submitted ithi sti u'ated dates.

Sa'es duri the eriod o+- to * ri'-2014 ere $s 'a&s a d the &orres o di

,e osits i the ,%C Curre t *&&ou t @ Cash Credit *&&ou t $s. 'a&s(37.31/2 7.06).

A 't L'"'tat'o-he s&o e of audit has bee &o fi ed to the Sto&! *udit $e ort %ormat ro+ided a d o

the basis of test &he&! &o du&ted by us of e ami atio of the boo!s a d $e&ords of theCom a y.

he abo+e re ort is based o the i formatio : re&ord a d e 'a atio s i+e to us by the

ma a eme t.

INTRODUCTION

6.3.3 a-a%e"e-t '-for"at'o- & B '-e=8s >a'ya < dustries is #art ershi %irm. %irm has t o art ers ame'y Sh. ;a mohaSi h ith 60 a d =8s "ur+i der Si h a d So s - % ith 40 Shares. he firmdea's i a ma ufa&turi of Aood Aor!i =a&hi es. %irm =a ufa&turi u it issituated at #'ot o 14: < dustria' Dstate: #hase-1: amu a a ar. . Both the art ers of firm are ha+i ood e erie &e i the abo+e said 'i e.

6.6.3 Nat re of B '-e a- Pro t Dea1t I-* SS< it as setu i 1 1 to ma ufa&turi Eir&o ium O ide a d Eir&o iumO y&h'oride i &o''aboratio ith B*$C: rombay ith the he' from #DC. his is a &aseof te&h o'o y tra sfer from 'ab to i dustry. he u it started its rodu&tio i ;u'y:1 2 a dhas bee su 'yi materia' to u&'ear %ue' Com 'e re u'ar'y. < the &ourse of the

rodu&tio : the u it had ta!e u the de+e'o me t of a e fur a&e to ma ufa&ture the samemateria' at a &hea er &ost a d a'so a+oid o''utio .6.6.6 a- fa t r'-% Pro e

Ahe the roFe&t as &o &ei+ed the o 'y ro&ess a+ai'ab'e to the &om a y i the&ou try as from the Bhabha *tomi& $esear&h Ce ter. ere'a: ami' adu a d Orissa is ha+i 20:000 to es er a um&a a&ity. he 'i&e se has bee obtai ed a d the materia' is su 'ied by


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re&omme datio s of %C to the e te t re?uired to e e&ute their orders. hemateria' is su 'ied a ai st ad+a &e ayme t.

2) Causti& SodaH - * readi'y a+ai'ab'e &hemi&a' from Cha di arh: amu a a ar:,e'hi et&. a d &a be ur&hased i tru&! 'oad ?ua tities a ai st &ash ayme t.

6.6.3 B '-e & ar8et'-% A-a1; '

he &om a y has bee su&&essfu''y su 'yi the te dered materia' for the 'ast 14 yearsto the u&'ear %ue' Com 'e . he &om a y has a' ays fu'fi''ed its ob'i atio e+e ithe orst mar!et &o ditio s. he &om a y as ab'e to su 'y u to 25= of materia' er mo th. < the 'ast 1 years the &om a y has su 'ied more tha 1600 = materia'. he&ha e i the s e&ifi&atio s 'ast year has ot dam e ed the s irits of the &om a y buthas i sti ated us to im ro+e the rodu&t a d bri it to the desired 'e+e'. he rodu&t of the &om a y has bee erformi e'' for a'' these years a d the &om a yIs rodu&t has

e+er i+e foami or e' formatio hi'e disso'utio . he &om a y has su&&essfu''ysu 'ied u t 60 = er mo ths as er the re?uireme t of %C a d the a+ai'abi'ity of Eir&o . i this fie'd. *&ti+ities 'i!e Cha e' =a a eme t: =ar!eti : !ey a&&ou t=a a eme t a d eam =a a eme t is ma a ed by =r. Cha der She!ar "u ta.

5.3.3 INVENTOR$ ANA*E ENT

5.6.3 Stora%e fa '1't'e "odo s are &'ea ro er'y ma a ed a d are i ood &o ditio . he sto&! is a'so

arra ed i e'' ma er a d is easi'y a&hie+ab'e.

he store is ro er'y ma a ed to redu&e the misha d'i a d brea!a e of the sto&!s.

5.5.3 P0; ' a1 /er'f' at'o- of to 8

he sto&! at amu a a ar hysi&a''y +erified by us. he same has bee &he&!ed for ?ua tity a d the rates ha+e bee +erified from the bi''s.

O +erifi&atio of sto&! stateme t it is fou d that the arty submits sto&! stateme tsithout detai's of $a =ateria' @ Aor!s i ro ress.

Sto&! $e isters ere mai tai ed for $a =ateria' a d %i ished "oods.

Sto 8 +o1 '-% Per'o : ,etai' is i+e hereu der

o-t0 Sa1e Sto 8 +o1 '-% per'o(Da; )

* r-2014 134.74 362.2 >3

=ay-2014 65.4 336.3 6?7

;u -2014 73. 0 2 3.10 66>

Sto 8 +o1 '-% per'o ('- a; ) ' a1 1ate '.e. Sto 8 # Sa1e 23


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5.2.3 Va1 at'o- of to 8

he basis of 9a'uatio of Sto&! of $a =ateria's: or! i ro ress @ %i ished "oods &ou'd ot be +erified i the abse &e of su orti re&ords a d do&ume tatio . But as er e 'a atio ro+ided to us that +a'uatio of sto&! is do e o the basis of Cost or =ar!et +a'ue hi&he+er is'ess.

2.3.3 RECEIVABLES AND PA$ABLES ANA*E ENT

De@tor he debtors outsta di as o 21.07.2014 as er boo!s of a&&ou ts ere $s. 331. 1

La&s.

o-t0 Sa1e

Boo8 De@tor(A per Boo8of a o -t )

De@tor T r-o/erRat'o '- a;

* r-2014 134.74 3 5.23 6=ay-2014 65.4 3 6.25 1 1;u -2014 73. 0 36 .40 150

Co- 1 'o-:< %rom the abo+e fi ures it is &'ear that Com a y ,ebtor ur o+er $atio (i days) asmai tai ed at 6 to 150 days as o * ri' ti'' ;u e 2014 res e&ti+e'y.

,ebtors ur o+er $atio (< ,ays) is &a'&u'ated i.e. Boo8 e@t # Sa1e 23

Cre 'tor ota' &reditors outsta di as o 21.07.2014 as er Boo!s of *&&ou ts ere $s.16 .53

La&s.

o-t0 P r 0a e

Cre 'tor (Aper Boo8 of

a o -t )Cre 'tor T r-o/er

Rat'o '- a;* r-2014 60.77 40 .42 202=ay-2014 31.4 3 0.36 362;u -2014 25.54 32 .50 3 6

Creditors ur o+er $atio (< ,ays) is &a'&u'ated i.e. Cre 'tor # P r 0a e 23

Co- 1 'o-:< %rom the abo+e fi ures it is &'ear that Com a y Creditor ur o+er $atio (i days) asmai tai ed at 202 days to 3 6 days ith bi +ariatio .

7.3.3 Re or 8eep'-% *&&ou ti soft are used by the &'ie tH- Busy he boo!s of *&&ou ts are u dated ti'' 21.07.2014 as o the date of audit.

?. IShe Com a y has bee submitti sto&! stateme t to ba ! i due date.

4.3 SALES & PURC+ASES

(Rs. In lacs)


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o-t0 Sa1e P r 0a e* ri'-13 13 .61 2.5=ay-13 13 .12 153.1;u e-13 2.4 .04;u'y-13 13 .06 7.42*u -13 123.5 110.54Se t-13 6.03 23.15O&t-13 14 .26 1 0. 7

o+-13 124.52 141.00,e&-13 107.63 .1;a -14 126.6 67.3%eb-14 7.66 150.05=ar&h-14 153.01 105.

ota' ($s. ! ?A"ADHRI ROAD! YNR

AMOUNT OF INSURANCE R#.20.00 $% '(&$)*'(+ %$$ t,- # o #to& $'E(+ St )&t) %$ #t $ % '&%to #! Hot/Co$*Ro$$'(+!P'- E t )*'(+ St% -'(+ P ##'(+!

o +'(+ M'$$#! M t%$ S $t'(+! o)(*% ' #!"%$ %('#'(+ o #! M t%$ E t %&t'o(! OP o& ##'(+. t&

COVERAGE St%(*% * ' %(* S- &'%$ P '$# Po$'&,

'(&$)*'(+ E% t:;)% LTD

d) STOCK

INSURANCE COMPANY THE ORIENTAL INSURANCE COMPANY LIMIITED

POLICY NUMBER/Cover Note No.

261700/48/2014/2434

PERIOD OF INSURANCE 28/03/14 to 27/03/2015

LOCATION OPP. PUN?A= @ SIND =AN>! ?A"ADHRI ROAD! YNR AMOUNT OF INSURANCE R#.20.00 $%

COVERAGE =UR"LARY

BANK CLAUSE HD C =AN> LTD

a) BUILDING

INSURANCE COMPANY THE ORIENTAL INSURANCE COMPANY LIMIITED

POLICY NUMBER/Cover Note No.

2111200168278302000

PERIOD OF INSURANCE 14/12/13 to 13/12/2014

LOCATION = 1/292! A>A RA>=A ?A"ADHRI ROAD YAMUNA NA"AR!HARYANA! 135003

AMOUNT OF INSURANCE R#.11.10

COVERAGE St%(*% * ' %(* S- &'%$ P '$# Po$'&,'(&$)*'(+ E% t:;)% LTD

>.5.3 Re%' trat 'o- of C0ar%e: N.A


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Statement Accounts* Statement Accounts* Statement Accounts*

Statement Accounts*

Sto&! - (*) 1 2.10 1 2.10 212.55 212.55 1 7.50 1 7.50 170.50 170.50,ebtors (B) 331. 1 331. 1 332.04 333.53 324.45 324.46 425.12 425.13O *L 513. 1 513. 1 544.5 546.0 521. 5 521. 6 5 5.62 5 5.63

Creditors - M 16 .53 16 .53 1 .40 1 .41 161.20 161.20 215.56 215.57ota' - (D J (*/B-C)) 345.3 345.3 345.1 346.67 360.75 360.76 3 0.06 3 0.06

=ar i (D) J 25(*-C) / 40 B

136.12 136.12 136.10 136.70 13 . 6 13 . 6 15 .7 15 .7

,ra i #o er (%) J (,-D)

20 .26 20 .26 20 .0 20 . 7 221. 0 221. 0 221.2 221.2

Ba'a &e as er Ba !(CC)

5 . 4 5 . 4 5 . 7 5 . 7 70.32 70.32 6 . 7 6 . 7

,ra i #o er as erBa !

200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00

) Note *

a) Stock as per the books of accounts has been taken same as shown in Stock StatementSubmitted with the bank.

b) Dp calculated as on 30.04.20 4! 3 .0".20 4 # 30.0$.20 4 is of %s.22 .2& lacs! %s.22 .'0lacs # %s. 20'.'( lacs respecti el .

Sundr Debtors fi+ures taken as per Books of Accounts in the absence of a+ein+ anal sisdetails.

10.0. Ae ha+e &om ared de osits i CC *8C 9

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Ms Kalyan Industries