Latin Manharlal Chat
BSE Prices delayed by 5 minutes...
     Prices as on Jun 11, 2021     
  ABB India 1650.75 [ -1.18% ]
  ACC 2024.1 [ -0.22% ]
  Axis Bank Ltd. 738.35 [ -0.70% ]
  Bajaj Auto Ltd. 4172.2 [ -0.19% ]
  Bank of Baroda 84.5 [ -0.29% ]
  Bharti Airtel 540.9 [ -0.76% ]
  Bharat Heavy Ele 76.2 [ 0.53% ]
  Britannia Ind. 3556.3 [ -0.60% ]
  Cipla 967.75 [ -0.68% ]
  Coal India 162.65 [ 3.93% ]
  Colgate Palm. 1704.2 [ 0.07% ]
  Dabur India 565.05 [ 0.88% ]
  DLF Ltd. 309.95 [ -1.09% ]
  Grasim Inds. 1490.65 [ 0.00% ]
  HDFC 2558.7 [ -0.08% ]
  HDFC Bank 1486.2 [ 0.31% ]
  Hero MotoCorp 3004.45 [ -0.12% ]
  ICICI Bank 635.6 [ -0.71% ]
  IDFC L 56.7 [ 0.27% ]
  Indian Hotels Co 135.55 [ -0.91% ]
  IndusInd Bank 1015.45 [ -0.80% ]
  Infosys 1446.75 [ 1.56% ]
  ITC Ltd. 207.95 [ -0.69% ]
  L&T 1502.75 [ -1.07% ]
  Lupin Ltd. 1230.25 [ 0.05% ]
  Mahi. & Mahi 808.95 [ 0.22% ]
  MTNL 21 [ -0.71% ]
  Nestle India 17543.05 [ -0.02% ]
  NIIT Ltd. 275.1 [ -1.24% ]
  NMDC Ltd. 183.9 [ 2.48% ]
  NTPC 118.75 [ 0.25% ]
  ONGC 123.55 [ -0.28% ]
  Punj. NationlBak 42.05 [ -1.06% ]
  Reliance Inds. 2213 [ 1.39% ]
  SBI 429.55 [ -0.62% ]
  Vedanta 276.4 [ 1.84% ]
  Shipping Corpn. 113.2 [ -0.44% ]
  Sun Pharma. 681.25 [ 0.76% ]
  Tata Chemicals 748.95 [ 0.13% ]
  Tata Steel 1159.05 [ 3.99% ]
  Tata Power Co. 125.65 [ -1.53% ]
  Tech Mahindra 1073.35 [ 0.88% ]
  United Spirits 645.7 [ 0.26% ]
  Wipro Ltd 554.3 [ 0.01% ]

Company Information

Home » Market » Company Information

Euro Ceramics Ltd.

Apr 15
1.11 -0.05 ( -4.31 %)
 
VOLUME : 2203
Prev. Close 1.16
Open Price 1.21
TODAY'S LOW / HIGH
1.11
 
 
 
1.21
Bid PRICE (QTY.) 0.00 (0)
Offer PRICE (Qty.) 0.00 (0)
52 WK LOW / HIGH
0.55
 
 
 
3.32
Euro Ceramics Ltd. is not traded in NSE
Company Information Menu

Search Company

Market Cap. ( ₹ ) 3.54 Cr. P/BV -0.01 Book Value ( ₹ ) -161.48
52 Week High/Low ( ₹ ) 0/0 FV/ML 10/1 P/E(X) 0.00
Bookclosure 30/11/2019 TTM EPS ( ₹ ) 0.00 Div Yield (%) 0.00
NOTES TO ACCOUNTS
You can view the entire text of Notes to accounts of the company for the latest year
Year End :2015-03 1 Pursuant to the Companies Act 2013, the Company has revised the depreciation rates w.e.f. April 1, 2014, based on the maximum useful life of its various Fixed Assets as prescribed in Part-C of Schedule -II to the Companies Act, 2013. The Company has reworked the estimated useful life of the fixed assets during the current financial year and accordingly in case of fixed assets whose useful life has already been completed as on April 1, 2014, the carrying value (net of residual value) of those Fixed Assets amounting to Rs. 5,934.66 lacs have been debited to the opening balance of General Reserve Account.

2 Extra Ordinary item amounting to Rs. 3,552.17 Lacs debited to profit and loss account during the financial year 2014-15 is on account of provisions made for permanent diminution in value of Investments in its subsidiary and Loans & Advances made to its partnership firm.

3 The Company's financial facilities/arrangements including Term Loans, Working Capital Facilities and Non Fund Based Credit Facilities have expired and the accounts with the Banks have turned into Non Performing Assets since more than 2 years. The Banks have initiated legal proceedings for the recovery from the Company u/s. 19 of the Debt Recovery Tribunal (DRT) and u/s. 13(2) of the Securitization & Reconstruction of Financial Assets & Enforcement of Security (Second) Interest (SARFAESI) Act, 2002. Some of the creditors filed cases against the Company and its Directors for recovey of their dues, including petitions for winding up of the Company, in the High Court of Mumbai. The management has taken and been taking all diligent steps under legal advice, to defend the Company in all the litigation. Since the matters are sub-judice, the exact liability of the Company can't be ascertained at this point of time.

4 The Company on the basis of registration filed u/s. 15(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, before the Hon'ble Board for Industrial & Financial Reconstruction, and the hearings for which are in process for determination of sickness and on the basis of ongoing negotiations with the lenders for reduction in interest, rephasement in terms of borrowings etc., has not provided for interest to the tune of Rs. 8,758.47 Lacs (calculated based on last sanction letters in hand) on financial facilities, for the year ending March 31, 2015.

Note 5:- Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the current year's classification / disclosure.

Note 6:- The Company does not have a Company Secretary as required under the provision of Section 203 of the Companies Act, 2013. The Company is in the process of appointing a whole time Company Secretary as required by the provision of Section 203 of the Companies Act, 2013.