Notes to Accounts of Consolidated Construction Consortium Ltd.

Mar 31, 2025

17.5 Terms/Rights attached to equity shares

The company has only one class of equity shares having a par value of Rs.2 per share. Each holder of equity shares is entitled to one vote per share The company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval ofthe shareholders in the ensuing Annual General Meeting.

During the year, the Board has not recommended any dividend (PY Rs.Nil).

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. Thedistribution will be in proportion to the number of equity shares held by the shareholders.

17.6 Information on equity shares allotted without receipt of cash or allotted as bonus shares or shares bought back during the perod of five years immediately preceeding the reporting date - NIL.

â¢ Securities Premium

Securities Premium represents the difference between the face value of the equity shares and the consideration received in respect of shares issued. The issue expenses of securities which qualify asequity instruments are written off against securities premium.

â¢ General Reserve

The Company created a General reserve in earlier years pursuant to the provisions of the erstwhile Companies Act, 1956 wherein certain percentage of profits was required to be transferred to General reserve before declaring dividends. General reserve is a free reserve available to the Company.

â¢ Retai ned Earnings

Retained earnings represent the amount of accumulated earningsof the company and adjustmentarising on account of transition toIndAS, net of taxes.

20.1 Disclosure as required under Micro Small and Medium Enterprises Development Act, 2006

This information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006, has been determined to the extent such vendors/parties have been identified on the basis of information available with the Company and the Company could not complete the process of obtaining the status from all vendors due to the on-going financial crisis. The Company has not received any claim for interest from any supplier underthe said Act and accordingly no interesthas been paid by the Company in terms of Section 16ofthe Micro, Small and Medium Enterprises Development Act, 2006. Further, in the view of the management, the impact of interest, if any, that may be payable with the provisions of the aforesaid Act is not expected to be matenal and accordingly interest accrued and remaining unpaid at theend of the financial years is Rs. Nil/-(Rs. Nil/-)

a. No tax credits are recognized on the carry forward losses and unabsorbed depreciation, in the absence of reasonable certainty supported by convincing evidence that sufficient future taxable income will be avaiteble against which such deferred tax assets can be realized. Except for Land and Investment property no other deferred tax liabilities / assets has been recognized considering the non-recognition of deferred tax assets on the carried forward losses and unabsorbed depreciation as stated above.

b. The Company has opted for lower corporate tax rate available under section 115BAAofthe Income-tax Act, 1961 (''the Actâ) as introduced by Taxation Laws (Amendment) Ordinance, 2019. Accordingly, the effective tax rate stands at25.168%.

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date.

Level 2 inputs are inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable in puts for the asset or liability.

There have been no transfers between the levels during the period.

Financial instruments carried at amortized cost such as trade receivables, loans and advances, other financial assets, borrowings, trade payables and otherfinancial liabilities are considered to be same as theirfair values, due to short term nature.

Forfinancial assets & liabilities that are measured at fair value, the carrying amounts are equal to the fair values.

37. Disclosures pursuanttolndAS 107 âFinancial Instruments-Disclosuresâ: Financial Risk Management Objectives and Policies

The Companyâs principal financial liabilities comprise trade and other payables. The main purpose of these financial liabilities is to finance and support Company''s operations. The Companyâs principal financial assets include investments, inventory, trade and other receivables, cash and cash equivalents.

The Company is exposed to market risk, credit risk and liquidity risk. The Companyâs senior management oversees the management of these risks. The senior management ensures that the Companyâs financial risk activities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with the Company''s policies and risk objectives, which are summarized below:

A. Market risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises two types of risk: interest rate risk and other price risk, such as equity price risk and commodity risk. The Company has no exposure to commodity prices as it does not deal in derivative instruments whose underlying is a commodity. Financial instruments affected by market risk include loans and borrowings,

a. Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company''s exposure to the risk of changes in market interest rates relates primarily to the Company''s long-term and short-term debt obligations with floating interest rates. The Company has the policy of managing its interest rate risk by having a balanced portfolio of fixed and variable rate loans and borrowings. As all the borrowings from the banks and financial institutions were settled completely pursuant to the One Time Settlement Plan as envisaged in Note 1 to the Financial Statement, changes in market interest rates do not significantly affect the Statement of Profit and Loss for the years ended 31 March 2025 and 31 March 2024.

B. Creditrisk

Credit risk refers to the risk of default on its obligation by the counterparty resulting in a financial toss. It principally arises from the Companyâs Trade Receivables and contract assets including Retention Receivables, Cash & Cash Equivalents, Advances made and Other Investments, a. Trade Receivables & Contract Assets:

(i) Trade receivables are typically unsecured and are derived from revenue earned from customers. Company''s exposure to credit risk is influenced mainly by the individual characteristics of each customer. The company is not exposed to concentration of credit risk to any one single customer. Default on account of Trade Receivables happens when the counterparty fails to make contractual payment within the due date.

(ii) Trade receivables consist of Work done and Billed/ Certified (RA Bills), Contract assets consist of Work done unbilled, claims and expected certification. Generally, recoveries towards RA Bills are received as per the terms. Further for amounts overdue are constantly monitored by the management and provision towards expected credit toss are made in the books.

(iii) Trade receivables are impaired in the year when recoverability is considered doubtful based on the recovery analysis performed by the company for individual trade receivables or based on the interpreting on certain clauses in the Concession Agreement.

(iv) Management estimates of expected credit loss forthe Trade Receivables/ Contract Assets are provided below:

b. Cash and cash equivalents

The credit risk on cash and cash equivalents (excluding cash on hand) is limited because the counterparties are banks with good credit ratings.

c. Bank Balances otherthan Cash and cash equivalents

The credit risk on Bank Balances other than Cash and cash equivalents is limited because the counterparties are banks with good credit ratings.

d. Investments and Loan & advances

Investments and Loans are with group company in relation to the project execution hence the credit risk is very limited. Where Management estimates any major risk with respect to its recovery, financial loss on such loans provided are estimated and impaired.

C. Liquidity Risk

Liquidity risk refers to the risk that the Company cannot meet its financial obligations. The objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as per requirements. The Company also constantly monitors funding options available in the debt and capital markets with a view to maintain financial flexibility .This note should be read along with note 1 about commencement of CIRP.

38. Disclosures pursuant to Ind AS 107 "Financial Instruments-Disclosuresâ:Capital Management

The Company manages its capital to ensure that the Company will be able to continue as going concern while maximising the return to stakeholders through optimisation ofdebtand equity balance. The Company is not subject to any externally imposed capital requirements.

The capital structure of the Company consists total equity of the Company. Equity consists of equity capital, share premium and all other retained earnings attributable to the equity holders.

The Company manages its capital structure and makes adjustments in light of changes in economic conditions and the requirements of the financial covenants.

c) These plans typically expose the Company to actuarial risks such as: investment risk, longevity risk and salary risk Investment risk

The present value of the defined benefit plan liability is calculated using a discount rate determined by reference to the market yields on government bonds denominated in Indian Rupees. If the actual return on plan asset is below this rate, it will create a plan deficit.

Longevity risk

The present value of the defined benefit plan liability is calculated by reference to the best estimate of the mortality of plan participants both during and after their employment. An increase in the life expectancy of the plan participants will increase the plan''s liability.

Salary risk

The present value of the defined benefit plan liability is calculated by reference to the future salaries of plan participants. As such, an increase in the salary of the plan participants will increase the planâs liability.

Regulatory Risk

Legislative risk is the risk of increase in the plan liabilities or reduction in the plan assets due to change in the legislation / regulation. The government may amend the Payment of Gratuity Act thus requiring the companies to pay higher benefits to the employees. This will directly affect the present value of the Defined Benefit Obligation.

d) Compensated Absences

During the financial year, the Company has provided for additional Employee benefit scheme in the nature of compensated absences.

41. Segment Information

The Chief Operating Decision Maker reviews the operations of the Company as a provider of construction and infrastructural service, which is considered to be the only reportable segment by the Management. Further, the Company''s operationsare in India only.

42. Additional information pursuantto Ind AS 7 - Changes in liabilities arising from financing activities

As referred in Note 1 the Company had entered into settlement plan with the lenders and the discharging of liabilities completed in due course. However, the company is in the process of obtaining the No Due Certificates from the Lendors and release of charges. Considering the above, the additional disclosure of cash flows arising from financhg activities may not provide the right information in predicting claims on future cash flows by providers of capital to the entity as required in Para 17 of Ind AS 7.

44.	(a) Commitments and Contingent Liabilities			Tin lakhs
	SNo	Particulars	As at March 31,2025	As at March 31,2024
	1	Commitments
		(a) Capital(Cost to complete the CWIP is not estimated)	Nil	Nil
		(b) Other	Nil	1,468.60
		(c) The Company enters into construction contracts with its vendors. The final amounts payable undersuch contracts will be based on actual measurements and negotiated rates, which are determinableas and when the work under the said contracts are completed.
		(d)The Company has made commitment to subscribe to further capital in certain subsidiaries and joint ventures based on their operational requirements.
	2	Bank Guarantees	8,622.09	8,683.36
	3	Claims against the Company not acknowledged as debts#	237.94	571 56
	4	Demands raised on the Company by the respective authorities are as under# (a) ServiceTax(FinanceAct, 1994)	186.76	18676
		(b) Various VAT Acts/SalesTaxActs^Al	2,486.37	2,31538
		(c) IncomeTax liability that may arise in respect of which the company is in appeal	1,921.00	16,610.08
		(d) Customs Act, 1962	2.93	2.93
		Total	4,597.06	19,115.15
		# Based on the expert opinions obtained / internal assessment made, the Company had not recognized any provision in the financial statements. The above amounts do not include penalties, if any, that may be levied by the authorities when the disputes are settled.
		^AThese claims mainly relate to the issues of applicability, issue of disallowance of cenvat/ VAT credit and in case of Sales Tax / Value added tax, and also relate to the issue of submission of relevant forms.
		$ The company received notices from GST authorities of Tamil Nadu relating to FY 2017-18 to 2022-23 proposed a tax liability of Rs.23.019 Lakhs, with respect to the difference in taxable value of service between the Returns and the audited Financial Statements. However, the company is confident that there will not be any probable outflow of economic benefits and is in the process of submitting the replies to the notices received in this regard.
	5	In the absence of profits during the year, the requirement of payment of Trade License Fee to the partnership firm, Samruddhi Holdings, owning the trade name/Logo (Triple C) will not arise forthe year under reference.

45. Others

(a) The balances of trade receivables including retention money, trade payables (including MSME), loans and advances and other liabilities are subject to confirmation/reconciliation.Management believes that no material adjustments would be required in books of account upon receipt of these confirmations and that there will not be any material impact on profit for the year and also on state of affairs as at March 31, 2025.

b) Certain statutory dues (including GST/ VAT/ PF/ TDS, etc.) could not be paid on due dates due to cash flow issues in the earlier years. Those dues had been remitted to the concerned statutory authorities during the year. Delayed payment charges (including interest and penaltiesjwhich are notascertainableasoftheyear end, will be accounted foras and when the same is demanded and settled/paid.

c) During the current year as per the past practice, the Company has assessed the financial impact on account of prolongation of the contracts'' tenure which were due to reasons beyond the Companyâs control and the Management is confident of completing such projects without incurring any additional cost beyond what has been estimated and that chance of incurring liquidated damages is remote.

46. Subsequent Events

There are no significant subsequent events that would require adjustments or disclosures in the financial statements as on the balance sheet

date.

47. Corporate social responsibility

The Company in view of losses incurred in the past years is not required to spend any amount towards Corporate Social Responsibility for the yearended March31,2025.

48. Approval of standalonefinancial statements

As the powersof the board of directors have been restored the standalone financial statements have been approved by the board of directors.

49. Details of Bcnami Property Held

No proceedings have been initiated on or are pending against any of the entities in the Group for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

50. Wilful Defaulter

The Company has not been declared wilful defaulter by any bank or financial institution orgovemmentorany government authority.

51. Relationship with Struck off Companies

The Company has no transactions with the companies struck off under Companies Act, 2013 or Companies Act, 1956.

52. Details of Crypto Currency or Virtual Currency

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year

53. Compliance with number of Layers of Companies

The Company has complied with the number of layers prescribed under the Companies Act, 2013.

54. Undisclosed Income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the books of account

55. Valuation of Property, Plantand Equipment

The Company has not revalued its property, plant and equipment during the currentor previous year.

56. The Company is in the process of reconciling the monthly returns filed under the Central Goods and Services Tax Act 2017 (âCGST Actâ) and the respective State Goods and Services Tax Act with its books and records to file the annual return for FY2024-25. Similarly, the reconciliation of refund receivable for the current year between the books of account and Form 26AS is in progress. Adjustments, if any, consequent to the said reconciliation will be given effect to in the financial statements on completion of reconciliation and filing of returns. However, in theopinion of the Management, the impact of the same will not be material.

57. The Company has not advanced or loaned or invested funds to any other persons or entities, including foreign entities (Intermediaries) with the understanding thatthe Intermediary shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (Ultimate Beneficiaries), or

b. provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries

The Company has not received any fund from any persons or entities, including foreign entities (Funding Party) with the understanding(whether recorded in writing or otherwise) that the Company shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

b. provide any guarantee, security or the like on behalf ofthe ultimate beneficiaries.

Reason for Variances:

1. Dueto write back liabilities no longerrequired and addition in bank balances.

2. Increase in equity share capital due to preferential issue & conversion of unsecured loans.

3. Due to write back liabilities no longerrequired and converting unsecured loans into equity.

4. Decrease in the average trade receivables due to write off of receivables in the previous year.

5. Due to write back liabilities no longer required.

6. Increaseisduetoreduction in the average current liabilities.

7. Due to write back of liabilities no longer required in the previous financial year.

59. The company uses Citrix ERP as the accounting software and is in the process of installing the feature of recording Audit trail of each and every transaction, creating an audit log of each change made in the books of accounts along with the date when such changes were made and ensuring that the audit trail cannot be disabled.

60. Comparatives

Previous yearfigures have been re-grouped/ re-classified wherever necessary to conform to currentyearâs presentation.

Mar 31, 2024

17.5 Terms/Rights attached to equity shares

The company has only one class of equity shares having a par value of Rs.2 per share. Each holder of equity shares is entitled to one vote per share. The company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.

During the year, the Board has not recommended any dividend (PY Rs.Nil)

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

17.6 Information on equity shares allotted without receipt of cash or allotted as bonus shares or shares bought back during the period of five years immediately preceeding the reporting date - NIL.

â¢ Securities Premium

Securities Premium represents the difference between the face value of the equity shares and the consideration received in respect of shares issued. The issue expenses of securities which qualify as equity instruments are written off against securities premium.

â¢ General Reserve

The Company created a General reserve in earlier years pursuant to the provisions of the Companies Act,1956 where in certain percentage of profits was required to be transferred to General reserve before declaring dividends. General reserve is a free reserve available to the Company.

â¢ Retained Earnings

Retained earnings represent the amount of accumulated earnings of the company and adjustment arising on account of transition to Ind AS, net of taxes.

19.3 Nature of Security

The existing charges against the current assets and PPE will be discharged by the lenders as per the settlement plan (refer note 1a) and a fresh charges shall be created for the non fund based facilities and deferred payment over the existing current assets and specific immovable properties.

20.1 Disclosure as required under Micro Small and Medium Enterprises DevelopmentAct, 2006

This information as required to be disclosed under the Micro, Small and Medium Enterprises DevelopmentAct, 2006, has been determined to the extent such vendors/parties have been identified on the basis of information available with the Company and the Company could not complete the process of obtaining the status from all vendors due to the on-going financial crisis. The Company has not received any claim for interest from any supplier under the saidAct and accordingly no interest has been paid by the Company in terms of Section 16 ofthe Micro, Small and Medium Enterprises DevelopmentAct, 2006. Further, in the view ofthe management, the impact of interest, if any, that may be payable with the provisions of the aforesaid Act is not expected to be material and accordingly interest accrued and remaining unpaid at the end of the financial years is Rs. Nil/- (Rs. Nil/-).

b. On September 20, 2019, vide the Taxation Laws (Amendment) Ordinance 2019, the Government of India inserted Section 115BAAin the Income Tax Act, 1961 which provides domestic companies anon-reversible option to pay corporate tax at reduced rates effective April 01, 2019 subject to certain conditions. The company has elected to exercise the option permitted under the Section 115 BAAas per Income Tax Act, 1961 from the financial year 2023-24.

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date.

There have been no transfers between the levels during the period.

For financial assets & liabilities that are measured at fair value, the carrying amounts are equal to the fair values.

36. Disclosures pursuanttoIndAS107 âFinancial Instruments-Disclosuresâ: Financial Risk Management Objectives and Policies

The Company''s principal financial liabilities comprise loans and borrowings, trade and other payables. The main purpose of these financial liabilities is to finance and support Company''s operations. The Company''s principal financial assets include investments, inventory, trade and other receivables, cash and cash equivalents.

The Company is exposed to market risk, credit risk and liquidity risk. The Company''s senior management oversees the management of these risks. The senior management ensures that the Company''s financial risk activities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with the Company''s policies and risk objectives, which are summarized below:

A. Marketrisk

Market risk is the risk that the fair value of future cashflows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises two types of risk: interest rate risk and other price risk, such as equity price risk and commodity risk. The Company has no exposure to commodity prices as it does not deal in derivative instruments whose underlying is a commodity. Financial instruments affected by market risk include loans and borrowings.

a. Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company''s exposure to the risk of changes in market interest rates relates primarily to the Company''s long-term and short-term debt obligations with floating interest rates. The Company has the policy ofmanaging its interest rate risk by having a balanced portfolio of fixed and variable rate loans and borrowings. As all the borrowings from the banks and financial institutions were restructured (CDR scheme was implemented in FY 2015 and Scheme for sustainable structuring of stressed assets-S4Aimplemented in FY 2018), the interest rates were fixed for all kinds of borrowings and hencechanges in market interest rates do not significantly affect the Statement of Profit and Loss for the years ended 31 March 2024 and 31 March 2023.

B. Credit risk

Credit risk refers to the risk of default on its obligation by the counterparty resulting in a financial loss. It principally arises from the Company''s Trade Receivables and contract assets including Retention Receivables, Cash & Cash Equivalents, Advances made and Other Investments. a. Trade Receivables & ContractAssets:

b. Cash and cash equivalents

The credit risk on cash and cash equivalents (excluding cash on hand) is limited because the counterparties are banks with good credit ratings.

c. Bank Balances otherthan Cash and cash equivalents

The credit risk on Bank Balances other than Cash and cash equivalents is limited because the counterparties are banks with good credit ratings.

d. Investments and Loan & advances

Investments and Loans are with groupcompany in relation to the project execution hence the credit risk is very limited. Where Management estimates any major risk with respect to its recovery, financial loss on such loans provided are estimated and impaired.

C. Liquidity Risk

Liquidity risk refers to the risk that the Company cannot meet its financial obligations. The objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as per requirements. The Company also constantly monitors funding options available in the debt and capital markets with a view to maintain financial flexibility.This note should be read along with note 1 about commencement of CIRP.

37. Disclosures pursuant to IndAS 107 âFinancial Instruments -Disclosuresâ:Capital Management

The Company manages its capital to ensure that the Company will be able to continue as going concern whilemaximising the return to stakeholders through optimisation of debt and equity balance. The Company is not subjectto any externally imposed capital requirements.

The capital structure of the Company consists of net debt (borrowings as detailed in Notes 19&20 and 15& 16 offset by cash and bank balances) and total equity of the Company. Equity consists of equity capital, share premiumand all other equity reserves attributable to the equity holders.

The Company manages its capital structure and makes adjustments in light of changes in economic conditions and the requirements of the financial covenants.

b) Defined Benefit plans:

The Company has one Defined Benefit Plan - Gratuity (funded through Insurance Company)

The gratuity plan is governed by the Payment of Gratuity Act, 1972. Under the act, employee who has completed five years of service is entitled to specific benefit. The level of benefits provided depends on the member''s length of service and salary at retirement age.

c) These plans typically expose the Company to actuarial risks such as: investment risk, longevity risk and salary risk Investment risk

Longevityrisk

Salary risk

Regulatory Risk

d) CompensatedAbsences

During the financial year, the Company has provided for additional Employee benefit scheme in the nature of compensated absences.

40. Segment Information

41. Additional information pu rsuant to IndAS 7 - Changes in liabilities arising from financing activities

As referred in Note 1 the Company had entered into settlement plan with the lenders and the discharging of liabilities completed in due course. However, the company is in the process of obtaining the No Due Certificates from the Lendorsand release of charges. Considering the above, the additional disclosure of cash flows arising from financing activities may not provide the right information in predicting claims on future cash flows by providers of capital to the entity as required in Para 17 of IndAS 7.

Financial Officer, & Sri. VG Janarthanam, Director (Operations), have not received any remuneration from the financial year 2014-15, and received part remuneration for the financial year 2013-14 due to the operating losses and negative cash-flows. As the company is out of Corporate Insolvency Resolution Process (CIRP), pursuant to the order of the Hon''ble National Company Law Tribunal (NCLT), Chennai dated January 5,2024, the Board of Directors in their meeting held on January 9,2024, decided the compensate the director for their past services and quantified the amount payable at Rs.4,569.54 lakhs for the period till December 31,2023. Further for the period from January to March 2024, the Chairman & CEO and the Managing Director & CFO are eligible for remuneration aggregating to Rs.89.76 lakhs.

Accordingly, subject to the provisions of Sections 188,196,197 & 198 of the Companies Act, 2013 and the approval of members, the board of directors has approved the recognition of the above amount in the Statement of profit and loss for the current year. As the amount is quantified and approved in the Board Meeting held during the financial year 2023-24, the entire amount is treated as current year expenditure.

*** Sri. KaushikRam has been appointed as an Additional Director with effect from January 22, 2024. He has been appointed as a Whole Time Director for a period of five years commencing from January 22, 2024. For the period from January 22, 2024 till March 31,2024 he has drawn the same salary as per the existing term which is subject to the approval of the members in the ensuing annual general meeting.

43.	Commitments and Contingent Liabilities			''in lakhs
	SNo	Particulars As at March 31,2024		AsatMarch 31,2023
	1	Commitments
		(a) Capital (Cost to complete the CWIP is not estimated)	Nil	Nil
		(b) Other	1,468.60	Nil
		(c) The Company enters into construction contracts with its vendors. The final amounts payable under such contracts will be based on actual measurements and negotiated rates, which are determinable as and when the work under the said contracts are completed.
		(d) The Company has made commitment to subscribe to further capital in certain subsidiaries and joint ventures based on their operational requirements.
	2	Bank Guarantees*	8,683.36	8,627.95
	3	Claims against the Company not acknowledged as debts#	571.56	571.56
	4	Corporate Guarantees Provided on behalf of Subsidiaries (a) Noble Consolidated Glazings Limited		3,166.80
		(b) CCCL Infrastructure Limited (Outstanding as per books in the absence of specific claim amount from the Bank)	_-	7,471.98
		Sub-Total	-	10,638.78
	5	Demands raised on the Company by the respective authorities are as under# (a) Service Tax (Finance Act, 1994)	186.76	186.76
		(b) Various VAT Acts/SalesTaxActs^A*	2315.38	1,395.84
		(c) Income Tax, 1961 **	16610..08	15,737.33
		(d) Customs Act, 1962	2.93	2.93
		Sub-Total	19,115.15	17,322.86
		# Based on the expert opinions obtained / internal assessment made, the Company had not recognized any provision in the financial statements. The above amounts do not include penalties, if any, that may be levied by the authorities when the disputes are settled.
		AThese claims mainly relate to the issues of applicability, issue of disallowance of cenvat / VAT credit and in case of Sales Tax / Valueadded tax, and also relate to the issue of submission of relevant forms.
		## Pursuant to the onetime settlement with the lenders as detailed in Note no. 1a, the corresponding corporate Guarantees and related cases will be withdrawn by the respective parties and thus there will not be any further liability to the company.
		$ The company received notices from GST authorities of Tamil Nadu relating to FY 2017-18 to 2022-23 proposed a tax liability of Rs.23,019 Lakhs, with respect to the difference in taxable value of service between the Returns and the audited Financial Statements. However, the company is confident that there will not beany probable outflow of economic benefits and is in the process of submitting the replies to the notices received in this regard.
		* Subject to confirmation from banks.
		** Rs. 7,117.32 lakhs has been adjusted against refunds pertaining to the subsequent years.
	6	In the absence of profits during the year, the requirement of payment of Trade License Fee to the partnership firm, Samruddhi Holdings, owning the trade name/Logo (Triple C) will not arise for the year under reference.

44. Going Concern Status

The Standalone financial statements for the year ended March 31,2024 indicate that the working capital of the Company continues to be negative. The Company has obligations towards fund based liabilities aggregating to Rs. 6,614.40 lakhs and non-fund based exposure aggregating to Rs. 8,683.26lakhs, and further obligations pertaining to operations including unpaid creditors and statutory dues as at March 31, 2024. These indicate the existence of a material uncertainty that may cast significant doubt on the Company''s ability to continue as going concern. The Company''s ability to continue as a going concern is dependent upon many factors including continued support from the operational creditors, the investments by strategic investor (the Company is in the process) and the new businesses to be brought in the ensuing year. The management is confident that there will be a turnaround in the ensuing financial year and accordingly, the standalone financial statements have been prepared on the basis that the Company is a Going Concern.

45. Others

(a) The balances of secured loans, unsecured loans, trade receivables including retention money, unbilled revenue, trade payables (including MSME)and certain bank balances including margin money accounts and amount disclosed as Bank Guarantees under Contingent Liabilities are subject to confirmation/reconciliation.Management believes that no material adjustments would be required in books of account upon receipt of these confirmations and that there will not be any material impact on loss for the year and also on state of affairs as at March 31,2024.

b) Certain statutory dues (including GST/ VAT/ PF/ TDS, etc.) could not be paid on due dates due to cash flow issues. Delayed payment charges (including penalties amount unascertainable), will be accounted for as and when settled / paid.

c) During the current year as per the past practice, the Company has assessed the financial impact on account of prolongation of the contracts'' tenure which were due to reasons beyond the Company''s control and the Management is confident of completing such projects without incurring any additional cost beyond what has been estimated and that chance of incurring liquidated damages is remote.

d) The approval from Central Government is pending for the excess remuneration of Rs. 118 lakhs paid to the whole-time directors during the financial year ended March 31,2014

46. Subsequent Events

There are no significant subsequent events that would require adjustments or disclosures in the financial statements as on the balance sheet date.

47. Corporate social responsibility

The Company in view of losses incurred in the past years is not required to spend any amount towards Corporate Social Responsibility for the year ended March 31,2024.

48. Approval of standalone financial statements

As the powers of the board of directors have been restored the standalone financial statements have been approved by the board of directors.

49. Details Of Benami Property Held

50. WilfulDefaulter

The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

51. Relationship With StruckOff Companies

The Company has no transactions with the companies struck off under CompaniesAct, 2013 or CompaniesAct, 1956.

52. Details Of Crypto Currency Or Virtual Currency

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year

53. Compliance With NumberOf Layers Of Companies

The Company has complied with the number of layers prescribed under the CompaniesAct, 2013.

54. Undisclosed Income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.

55. Valuation Of Property, Plant and Equipment

The Company has not revalued its property, plant and equipment during the current or previous year.

56. The Company is in the process of reconciling the monthly returns filed under the Central Goods and Services Tax Act, 2017 (âCGST Actâ) and the respective State Goods and Services Tax Act with its books and records to file the annual return for FY 2023-24. Similarly, the reconciliation of refund receivable for the current year between the books of account and Form 26AS is in progress. Adjustments, if any, consequent to the said reconciliation will be given effect to in the financial statements on completion of reconciliation and filing of returns. However, in the opinion of the Management, the impact ofthe same will not be material.

57. The Company has not advanced or loaned or invested funds to any other persons or entities, including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (Ultimate Beneficiaries), or

b. provide any guarantee, security orthe like to or on behalf of the ultimate beneficiaries

The Company has not received any fund from any persons or entities, including foreign entities (Funding Party) with the understanding(whether recorded in writing or otherwise) that the Company shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

b. provide any guarantee, security orthe like on behalf ofthe ultimate beneficiaries.

Reason for Variances: The variance in the above ratios are on account of write back of liabilities no longer required, pursuant to the one time settlement entered with the lenders as stated in Note 1 a and accordingly the variance are not comparable with the earlier year.

60. Comparatives

Previous year figures have been re-grouped/ re-classified wherever necessary to conform to current year''s presentation.

Mar 31, 2018

Notes:

1. Under the previous GAAP, Retention Receivables and interest-free financial assets were accounted for at transaction price. Under Ind AS, such Retention Receivables and interest-free financial assets are to be measured at Fair value on Initial Recognition with reference to the Market rates and the difference is to be accounted as pre-payment which will be unwound over the period of retention/financial assets.

2. Under the previous GAAP, Retention Payables and interest-free financial liabilities were accounted for at transaction price. Retention Payables and interest-free financial liabilities are to be measured at fair value at inception with reference to market rates and the difference is to be recognised as Deferred Fair Valuation Gain and to be unwound over the period of such retention monies/liabilities.

3. The Company has chosen to value certain property at its fair value on the transition date with the resultant impact being recognised in retained earnings.

4. Under previous GAAP, investments properties are not depreciated. Under Ind AS, the investment properties are to be depreciated over its useful life prospectively.

5. Under previous GAAP .the Company has created allowance for doubtful debts based on its estimation.Under lnd AS.the allowance for credit loss has been made based on Expected Credit Loss (ECL) provision matrix.

6. Under previous GAAP, long-term investments were carried at cost. Under Ind AS, the Company has chosen to measure its quoted equity instruments at fair value through OCI and investments in subsidiaries have been measured at fair value through OCI.

7. Under previous GAAP, the Company has not recognised the finance guarantee contracts. Under Ind AS, the such contracts are to be accounted for as Investment at Fair value and Subsequently, this guarantee is to be measured at the higher of an amount determined based on the expected loss method (as per guidance in Ind AS 109) or the amount originally recognised less, the cumulative amount recognised as income on a straight-line basis in accordance with Ind AS 18, Revenue. 8.Under Ind AS, actuarial gain/loss on defined benefits plan is recognised in the statement of Other Comprehensive Income.

9. Prior period adjustments represent errors on account of omissions in the previous GAAP financial statements and accordingly as per the guidance given in Ind AS 8, the equity as per previous GAAP has been restated retrospectively as if a prior period error had never occurred.

10. Tax adjustments include the tax effects of certain pre-tax previous GAAP to Ind AS adjustments described above.

36. Disclosures pursuant to Ind AS 107 "Financial Instruments - Disclosures" : Financial Instruments - Fair Values and Risk Management a) Accounting Classification and Fair Values

The following table shows the financial assets and financial liabilities by category and Management considers that carrying amounts of financial assets and financial liabilities recognised in the financial statements at amortized cost represent the best estimate of fair value:

31-Mar-18	Carrying Amount in Rs. Lakhs
31-Mar-18	FVTPL	FVTOCI	Amortized Cost	Cost
Financial Assets
Non-Current
(i) Investments		4,856.30		51.75
(ii) Trade Receivables			39,546.89
(iii) Loans and Advances			1,393.44
(iv) Other financial assets			509.03
Current
(i) Trade receivables			42,023.89
(ii) Cash and cash equivalents			872.12
(iii) Bank balance other than(ii) above			1,811.75
(iv) Loans and advances			4.63
(v) Other financial assets			1,123.20
Financial Liabilities
Non-Current
(i) Borrowings			46,512.96
(ii) Trade Payables			808.46
(iii) Other Financial Liabilities			249.72
Current
(i) Borrowings			46,566.52
(ii) Trade payables			18,791.69
(iii) Other financial liabilities			16,785.66

31-Mar-17	Carrying Amount in Rs. Lakhs
31-Mar-17	FVTPL	FVTOCI	Amortized Cost	Cost
Financial Assets
Non-Current
(i) Investments		6,659.19		187.13
(ii) Trade Receivables			43,131.28
(ill) Loans and Advances			1,311.87
(iv) Other financial assets			485.66
Current
(i) Trade receivables			41,481.22
(ii) Cash and cash equivalents			339.41
(iii) Bank balance other than (ii) above			2,133.38
(iv) Loans and advances			3.93
(v) Other financial assets			1,368.90
Financial Liabilities
Non-Current
(i) Borrowings			52,164.03
(ii) Trade Payables			1,334.39
(iii) Other Financial Liabilities			269.34
Current
(i) Borrowings			71,752.80
(ii) Trade payables			19,333.10
(iii) Other financial liabilities			2,198.37

01-Apr-16	Carrying Amount in Rs. Lakhs
01-Apr-16	FVTPL	FVTOCI	Amortized Cost	Cost
Financial Assets
Non-Current
(i) Investments		7,300.74		675.78
(ii) Trade Receivables			41,161.99
(iii) Loans and Advances			1,319.21
(iv) Other financial assets			249.90
Current
(i) Trade receivables			48,664.51
(ii) Cash and cash equivalents			178.23
(iii) Bank balance other than (ii) above			1,812.83
(iv) Loans and advances			4.23
(v) Other financial assets			1,446.63
Financial Liabilities
Non-Current
(i) Borrowings			49,761.03
(ii) Trade Payables			882.52
(iii) Other Financial Liabilities			291.83
Current
(i) Borrowings			62,184.53
(ii) Trade payables			22,036.33
(iii) Other financial liabilities			4,784.60

b) Fair value hierarchy

The following table provides the fair value measurement hierarchy of the Company''s assets and liabilities

31-Mar-18	As at March 31 ,2018 Amount in Rs. Lakhs
31-Mar-18	Carrying Amount	Level 1	Level 2	Level3
Financial Assets
Investments carried at fair value through OCI	4,856.30	4.35		4,851.95
31-Mar-17	As at March 31 ,2017 Amount in Rs. Lakhs
31-Mar-17	Carrying Amount	Level 1	Level 2	Level3
Financial Assets Investments carried at fair value through OCI	6,659.19	3.92		6,655.27
1-April-16	As at April 01, 2016 Amount in \ Lakhs
1-April-16	Carrying Amount	Level 1	Level 2	Level 3
Financial Assets
Investments carried at fair value through OCI	7,300.74	4.68		7,296.06

Notes:

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date.

Financial instruments carried at amortised cost such as trade receivables, loans and advances, other financial assets, borrowings, trade payables and other financial liabilities are considered to be same as their fair values, due to short term nature.

For financial assets & liabilities that are measured at fair value, the carrying amounts are equal to the fair values. 37. Disclosures pursuant to Ind AS 107 "Financial Instruments - Disclosures" : Financial Risk Management Objectives and Policies

The Company is exposed to market risk, credit risk and liquidity risk. The Company''s senior management oversees the management of these risks. The senior management ensures that the Company''s financial risk activities are governed by appropriate policies and procedures and that financial risks are identified. measured and managed in accordance with the Company'' s policies and risk objectives.which are summarised below:

A. Market risk

a. Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company''s exposure to the risk of changes in market interest rates relates primarily to the Company''s long-term and short-term debt obligations with floating interest rates. The Company has the policy of managing its interest rate risk by having a balanced portfolio of fixed and variable rate loans and borrowings. As all the borrowings from the banks and financial institutions were restructured (CDR scheme was implemented in FY 2015 and Scheme for sustainable structuring of stressedassets-S4A implemented in FY 2018), the interest rates were fixed for all kinds of borrowings and hence changes in market interest rates do not significantly affect the Statement of Profit and Loss for the years ended 31 March 2018 and 31 March 2017.

B. Credit risk

Credit risk refers to the risk of default on its obligation by the counterparty resulting in a financial loss. It principally arises from the Company''s Trade Receivables and WIP, Retention Receivables, Cash & Cash Equivalents, Advances made and Other Investments

a. Trade Receivables and WIP:

one single customer. Default on account of Trade Receivables happens when the counterparty fails to make contractual payment within the due date.

(ii) WIP consist of Work done and Billed/ Certified (RA Bills), Work done unbilled and expected certification. Generally, recoveries towards RA Bills are received as per the terms. Further for amounts overdue are constantly monitored by the management and provision towards expected credit loss are made in the books.

(iv) Management estimates of expected credit loss for the Trade Receivables/WIP are provided below:

Particulars	Overdue Period (in Days)
Particulars	0-90	90-180	180-360	>360
Trade Receivables	1%	2%	3%	11.34%
Work-in-Progress (WIP) Work Done Unbilled & Retention in WIP	1%	2%	3%	NA
	0.5%

b. Retention Receivables

Retention receivables refer money withheld by the customers as per the terms of the arrangement which is a common business practice in this industry .Company closely monitors the retentions due as per the terms of the arrangement and do not foresee any major risk with respect to its recovery.However .the management makes an assessment of recovery over the period and provide for the credit loss as stated under Trade receivable and WIP.

c. Cash and cash equivalents

The credit risk on cash and cash equivalents (excluding cash on hand) is limited because the counter parties are banks with good credit ratings.

d. Bank Balances other than Cash and cash equivalents

The credit risk on Bank Balances other than Cash and cash equivalents is limited because the counterparties are banks with good credit ratings.

e. Investments and Loan & advances

C. Liquidity Risk

The table below summarizes the maturity profile remaining contractual maturity period at the balance sheet date for its financial liabilities based on the undiscounted cash flows.

Particulars	Less than	1 year -	More than	As on
Particulars	12 months	5 years	5 years	31-03-2018
0.01 % Optionally Convertible Debentures	13,327.65	12,205.82	18,126.94	43,660.41
12.65% Non- convertible debentures	44.47	846.77	169.76	1,061.00
Restructured Term Loan from Banks	936.30	10,277.93	1,396.33	12,610.56
Working Capital Loan	46,566.52	-	-	46,566.52
Loan from Promoters	-	-	3,489.41	3,489.41
Dues payable to Subsidiary	-	-	214.06	214.06
Trade Payables & Retention Payables	18,791.69	808.46	-	19,600.15
Financial Guarantee Liability	19.10	35.66	-	54.76
Settlement due to Employees & Salary & Bonus due to Employees	2,182.86	-	-	2,182.86
Other Financial Liabilities	275.28	-	-	275.28
Total	82,143.87	24,174.64	23,396.50	1,29,715.01

Particulars	Less than	1year-	More than	As on
Particulars	12 months	5 years	5 years	31-03-2017
12.65% Non- convertible debentures	-	1,618.04	381.96	2,000.00
Restructured Term Loan from Banks	-	25,145.80	22,102.58	47,248.38
Loan from Promoters	-	-	2,915.65	2,915.65
Working Capital Loan	71,752.80	-	-	71,752.80
Dues payable to Subsidiary	-	-	215.38	215.38
Trade Payables & Retention Payables	19,333.10	1,334.39	-	20,667.49
Financial Guarantee Liability	22.16	53.96	-	76.12
Settlement due to Employees & Salary & Bonus due to Employees	1965.96	-	-	1965.96
Other Financial Liabilities	210.25	-	-	210.25
Total	93,284.27	28,152.19	25,615.57	1,47,052.03

Particulars	Less than	1 year -	More than	As on
Particulars	12 months	5 years	5 years	01-04-2016
12.65% Non- convertible debentures	95.52	784.48	1,120.00	2,000.00
Restructured Term Loan from Banks	2,671.60	22,509.50	22,371.80	47,552.90
Loan from Promoters	-	-	2,975.25	2,975.25
Working Capital Loan	62,184.53	-	-	62,184.53
Dues payable to Subsidiary	-	-	215.72	215.72
Trade Payables & Retention Payables	22,036.33	882.52	-	22,918.85
Financial Guarantee Liability	22.16	76.11	-	98.27
Settlement due to Employees & Salary & Bonus due to Employees	1685.44	-	-	1685.44
Other Financial Liabilities	309.88	-	-	309.88
Total	89,005.46	24,252.61	26,682.77	1,39,940.84

38. Disclosures pursuant to Ind AS 107 "Financial Instruments- Disclosures" : Capital Management

For the purpose of the Company''s capital management, capital includes issued equity capital, share premium and all other equity reserves attributable to the equity holders. The objective of the company''s capital management is to safeguard their ability to continue as a going concern, so that they can continue to provide returns for shareholders and benefits other stakeholders and maintain an optimal capital structure to reduce the cost of capital. The company manages its capital structure and makes adjustments in light of changes in economic conditions and the requirements of the financial covenants. The company monitors capital structure using gearing ratio, which is net debt divided by total equity plus net debt. The company includes within net debt, interest bearing loans and borrowings, trade and other payables, less cash and cash equivalents.

In order to achieve this overall objective, the Company''s capital management, amongst other things, aims to ensure that it meets financial covenants attached to the interest-bearing loans and borrowings that define capital structure requirements. Breaches in meeting the financial covenants would permit the bank to immediately call loans and borrowings. For the financial years ended 31 March 2018, 2017 & 2016, banks had not called immediately any loans and borrowings.

Particulars	(in Rs. Lakhs)
Particulars	As at Mar 31, 2018	As at Mar 31, 2017	As at Apr 1,2016
Debt	1,48,448.06	1,52,529.74	1,45,557.99
Less: Cash and Bank Balances	2,683.88	2,472.79	1,991.06
Net Debt (A)	1,45,764.18	1,50,056.95	1,43,566.93
Total Equity	(4,048.15)	5,114.61	19,179.57
Total Equity Net Debt-(B)	141,716.03	1,55,171.56	1,62,746.50
Gearing Ratio (A) / (B)	103%	97%	88%

39. Disclosure pursuant to Ind AS 19"Employee Benefits" a) Defined Contribution plans:

Contribution to Defined contribution plans, recognized as expense for the year is as under

(in Rs.Lakhs)

Particulars	For the Year ended	For the Year ended
Particulars	Mar 31, 2018	Mar 31, 2017
Employers'' Contribution to Employees Provident Fund	162.50	166.99
Employers'' Contribution to Family Pension Fund	57.04	71.01
Total	219.54	238.00

b) Defined Benefit plans:

The Company has one Defined Benefit Plan - Gratuity (funded through Insurance Company)

Change in Projected benefit obligation

(in Rs. Lakhs)

Particulars	For the Year ended	For the Year ended
Particulars	Mar 31, 2018	Mar 31, 2017
Present value of defined benefit obligation at the beginning of the year	400.33	325.29
Interest cost	30.4	24.52
Current service cost	104.49	42.49
Past Service Cost*	0.62	-
Benefits paid	(88.90)	(144.56)
Actuarial (gain)/loss on obligation (changes in the present value resulting
from experience adjustments and effects of changes in actuarial assumptions)	(125.36)	152.59
Present value of defined benefit obligation at the end of the year	321.58	400.33

* Past Service Cost has been reliably estimated in order to give effect to change in upper ceiling limit on gratuity amount under the Payment of Gratuity Act, 1972 from Rs. 10 Lakh to Rs. 20 Lakh w.e.f 29th March 2018 vide Payment of Gratuity (Amendment) Act, 2018.

Amount recognized in the Balance Sheet

Particulars	(in Rs. Lakhs)
Particulars	As at Mar 31, 2018	As at Mar 31, 2017	As at Apr 1,2016
Present value of defined benefit obligation at the end of the year	321.58	400.33	325.29
Fair Value of plan assets as at the end of the year	(284.50)	(277.64)	(37.01)
Net obligation as at the end of the year	37.08	122.69	288.28

Net Gratuity cost for the year ended

(in Rs. Lakhs)

Particulars	For the Year ended	For the Year ended
Particulars	Mar 31, 2018	Mar 31, 2017
Recognized in Statement of Profit and Loss
Services Cost (including Past Service Cost)	105.11	42.49
Interest Cost (Net of Interest Income)	9.47	11.29
Total	114.58	53.78
Recognized in Other Comprehensive Income (OCI)
Re-measurement due to changes in the present value
resulting from experience adjustments	(125.36)	152.59
Gratuity Cost in Total Comprehensive Income	(125.36)	152.59

For determination of the liability of the Company, the following actuarial assumptions were used:

(in Rs. Lakhs)

Particulars	Gratuity
Particulars	As at Mar 31, 2018	As at Mar 31, 2017	As at Apr 1,2016
Discount rate	7.73%	7.73%	7.95%
Expected Rate of return	7.73%	7.73%	7.95%
Salary escalation rate	5.00%	5.00%	5.00%
Attrition rate	10.00%	3.00%	3.00%
Retirement age	58 Years	58 Years	58 Years
Withdrawal rate	10.00%	3.00%	3.00%
Mortality table	Indian Assured Lives Mortality (2006-08) Ultimate
Disability rate	5% of Mortality Rate Rates

These assumptions were developed by management with the assistance of independent actuarial appraisers. Discount factors are determined close to each year-end by reference to government bonds of relevant economic markets and that have terms to maturity approximating to the terms of the related obligation. Other assumptions are based on management''s historical experience.

Sensitivity Analysis

The sensitivity analysis given below have been determined based on a method that extrapolates the impact on projected benefit obligation as a result of reasonable changes in key assumptions occurring at the end of the reporting period.

Assumption	31-Mar-18		31-Mar-17		01-Apr-16
Assumption	Change in	Impact	Change in	Impact	Change in	Impact
	Assumption	(?) lakhs	Assumption	(?) lakhs	Assumption	(?) lakhs
Discount Rate	1.00%	(17.81)	1.00%	(30.01)	1.00%	(30.82)
	-1.00%	19.87	-1.00%	35.18	-1.00%	29.00
Salary growth Rate	1.00%	18.51	1.00%	34.38	1.00%	28.44
	-1.00%	(16.93)	-1.00%	(29.94)	-1.00%	(31.00)
Attrition Rate	1.00%	2.49	1.00%	5.39	1.00%	3.79
	-1.00%	(2.74)	-1.00%	(6.07)	-1.00%	(11.32)
Mortality Rate	10% Up	0.16	10% Up	0.18	10% Up	(3.09)

The following payments are expected contributions to the projected benefit plan in future years:

Rs. in lakhs

Particulars	As at 31- Mar-18	As at 31- Mar-17	As at 01-Apr-16
Within the next 12 months	46.72	44.50	17.34
Between 2 and 5 years	146.03	116.34	60.88
More than 5 Years	370.87	160.74	247.07

c) These plans typically expose the Company to actuarial risks such as: investment risk, longevity risk and salary risk Investment risk

Longevity risk

Salary risk

The present value of the defined benefit plan liability is calculated by reference to the future salaries of plan participants .As such, an increase in the salary of the plan participants will increase the plan''s liability.

Regulatory Risk

40. Un-hedged Foreign Currency Exposures

There are no foreign currency exposures as at March 31, 2018 (March 31, 2017-Nil, 1 April 2016-Nil) that have not been hedged by a derivative instruments or otherwise.

41. Segment Information

42. Additional information pursuant to Schedule III of the Companies Act, 2013 ? in lakhs

S.No	Particulars	For the year ended 31st March 2018	For the year ended 31st March 2017
A	Expenditure in Foreign currency on:
	Import of Materials/ Equipment (GIF Value)	-	707.23
B	Earnings in Foreign Exchange	-	-

43. Disclosures pursuant to Ind AS 11 "Construction Contracts"

Rs. in lakhs

SNo	Particulars	For the year	For the year
		ended 31st March 2018	ended 31st March 2017
1	Total Contract Revenue Recognized during the year (net of taxes)
	(a) From Completed Projects	3,871.28	10,659.57
	(b) From ongoing Projects	43,077.28	46,758.98
	Sub-total -1	46,948.56	57,418.55
2	Particulars about contract work in progress at the end of the period:
(I)	Gross amount due from customers for contract work
	(a) Aggregate amount of cost incurred on Ongoing Projects upto period end	1,84,764.35	1,55,595.81
	(b) Aggregate amount of profit/(loss) recognized on Ongoing Projects	3,229.60	1,405.68
	Sub-total -2(l)	1,87,993.95	1,57,001.49
(II)	Customer advances outstanding for contracts in progress yet to be
	utilized as at the end of the financial year	4,174.87	4,761.49
(IN)	Amount of progress payments received against percentage of obligations
	completed for contracts in progress as at the end of the financial year	1,54,879.03	1,22,846.02
(IV)	Amounts retained by customers for contracts in progress as
	at the end of the financial year	5,094.30	4228.22

44. Related Parties

Relationship	Name of the related parties
Wholly Owned Subsidiaries (WOS)	Consolidated Interiors Limited
	Noble Consolidated Glazings Limited
	CCCL Infrastructure Limited
	CCCL Power Infrastructure Limited
	Delhi South Extension Car Park Limited
Step-Down Subsidiary	CCCL Pearl City Food Port SEZ Limited
	(100% WOS of CCCL Infrastructure Limited)
Joint Venture Partner	Yuga Homes Limited (in Yuga Builders & in Yuga Developers
	(ceased w.e.f. 15th March 2017))
Enterprises owned or significantly influenced by	Yuga Homes Limited
Key Management Personnel or their relatives	Samruddhi Holdings (Partnership Firm)
Joint Ventures	Yuga Builders (Partnership Firm)
	Yuga Developers (Partnership Firm) (Ceased w.e.f. 15th March 2017)
Key Managerial Personnel	Name Designation
	R Sarabeswar Chairman and Chief Executive Officer
	S Sivaramakrishnan Managing Director
	V G Janarthanam Director(Operations)
	R Siddharth Chief Financial Officer and Company Secretary
Relative of Key Managerial Personnel	Kaushik Ram S

44.1. Balances Outstanding

(Rs. in lakhs)

Particulars	As at31st March 2018	As at 31st March 2017	As at 1st April 2016
Loans to WOS
Consolidated Interiors Limited	758.26	844.99	950.29
Noble Consolidated Glazings Limited	2,386.82	1,741.37	1,741.37
CCCL Infrastructure Limited	1,259.29	1,179.45	1,187.77
CCCL Power Infrastructure Limited	600.12	599.55	597.73
Loans to SDS
CCCL Pearl City Food Port SEZ Limited	130.20	129.03	129.86
Loan from WOS
Delhi South Extension Car Park Limited	214.07	215.38	215.38
Advance from Customers
Yuga Builders	207.20	207.20	1,016.55

Particulars	As at 31st March 2018	As at 31st March 2017	As at 1st April 2016
Trade Receivables
CCCL Infrastructure Limited	1,752.71	1,752.71	1,752.71
Yuga Builders	169.04	-	-
Trade Payables
Samruddhi Holdings	341.32	341.32	341.32
Consolidated Interiors Limited	162.70	513.13	521.59
Noble Consolidated Glazings Limited	452.87	150.35	360.45

44.2. Transactions during the year

*As the liability for gratuity is provided on actuarial basis for the Company as a whole, the amounts pertaining to the related parties are not included above.

44.3 Particulars of Loans and Advances in the nature of loans as required by Clause 32 of the Listing Agreement

Rs.in lakhs)

Particulars	As at31st March 2018		As at 31st March 2017		As at 1st April 2016
	Balance	Maximum	Balance	Maximum	Balance	Maximum
	Outstanding	Balance	Outstanding	Balance	Outstanding	Balance
		during the FY		during the FY		during the FY
Wholly Owned Subsidiaries
Consolidated Interiors Limited	758.26	1114.12	844.99	844.99	950.29	950.29
Noble Consolidated Glazings Limited	2,386.82	2744.37	1,741.37	1,741.37	1,741.37	1,741.37
CCCL Infrastructure Limited	1,259.29	1,259.29	1,179.45	1,179.45	1,187.77	1,187.77
CCCL Power Infrastructure Limited	600.12	600.12	599.55	599.55	597.73	597.73
Delhi South Extension Car Park Limited	(214.07)	(215.38)	(215.38)	(215.38)	(215.38)	(215.38)
Step Down Subsidiary
CCCL Pearl City Food Port SEZ Limited	130.20	130.20	129.03	129.03	129.86	129.86

Particulars	For the year ended	For the year ended
	31st March 2018	31st March 2017
Share of Profit/(Loss) from JV
Yuga Builders	(135.37)	(376.48)
Labour and Subcontract Charges
Noble Consolidated Glazings Limited	106.36	84.82
Remuneration paid to KMP*
R Siddharth	12.48	12.00
Remuneration paid to relative of KMP*
Kaushik Ram S	60.00	60.00
Income from Construction Activities
Yuga Builders	700.21	-
Movement in Loans to WOS (net)
Consolidated Interiors Limited (P.Y.Rs. 105.29 lakhs on account of Sale consideration	(86.73)	(105.30)
towards Purchase of Buildings)		Mar 31, 2016 1. Segment Reporting: The companyâs operations predominantly consist of construction activities. Hence there are no reportable segments under Accounting Standard -17. During the year under report, substantial part of Companyâs business has been carried throughout India. The conditions prevailing in India being uniform, no separate geographical disclosures are considered necessary. 2. Current Assets: a) Current Assets include Rs. 30,399.02 Lacs (PY 30,947.43 lacs) grouped under Note 3.11 of billed claims based on explicit implicit contractual commercial terms for projects. These Receivables are periodically reviewed by the company and considering the commercial contractual terms, the progress in negotiations arbitration/ the continuing discussions with the clients an amount of Rs. 7,270.34 lacs (PY Rs10,256.93 lacs) has been provided for and the management is confident that no further provision against these dues needs to be considered at this juncture. b) Current Assets include certain guarantees amounting to Rs.NIL (PY 8401 Lacs) issued by the Banks on behalf of the company have been invoked by the Clients during earlier years due to alleged contractual non-performance. In addition there are disputes with respect to other amounts due from such clients. These amounts totaling to Rs. 36,703.71 Lacs (PY 29,282.31) have been grouped under Note 3.14. The company has activated appropriate contractual remedies to address these disputes as provided for under the contract between the Company and the Clients. Based on the final outcome of resolution of these disputes necessary entries would be finally passed. Hence, no provision against these dues needs to be considered at this juncture. Mar 31, 2015 1. Current Financial Condition, Mitigating Factors & "Going Concern" A. Financial Condition: a. The Company's Operations have been affected during the whole of the Financial Year and the company has incurred losses totaling Rs 15,422.91 Lacs (PY Rs.32,063.57 Lacs). Further the cash flows of the company have also been affected severely due to the stress in collections of receivables. b. During the year under the review, unexecuted orders for an amount totaling Rs.Nil Lacs (Py Rs.1,37,083/- lacs) have been cancelled / terminated pending negotiations / litigations which are underway. The company is proceeding with appropriate / legal remedies including arbitration process, wherever provided for and has been legally advised that it has a strong case and accordingly has not considered any provisions in these results. c. Wholly owned Subsidiary Companies have incurred a collective loss of Rs 2,902.85 Lacs (PY Loss Rs 2,988.08 Lacs) for this year. Considering the operations being strategic in nature in respect of NCGL contributing a loss of Rs.2,368.46 lacs and in view of the management plan for the future, permanent diminution is not considered in respect of the value of investments in this subsidiary B. Mitigating Factors: a. The company is in discussions with strategic / financial investors for investment b. The company's debts have been restructured under Corporate Debt Restructuring (CDR) mechanism by its lenders. In view of the above said mitigating factors the company is positively looking at the scenario as a "Going Concern" 2. Corporate Debt Restructuring The year saw progressive implementation of/ compliance with the approved CDR package / conditions. During the year, the NCDs issued earlier to Tata Capital Financial Services Limited were also restructured under the CDR scheme. The lenders, with the approval of the CDR Empowered Group (CDR EG), shall have the right to recompense (RoR) the reliefs/sacrifice/waivers extended by respective lenders as per CDR Guidelines. Accordingly, the Recompense Amount calculated as per CDR Guideline's upto the year2014-15isRs.1,223 lacs. The company, as per the approved CDR package, should infuse funds to the tune of Rs.220,00 Lacs towards margins, reduction of debt and shoring up of working capital by 31 March 2015. The company has during the year infused Rs.5,445 Lacs (net of TDS). The CDR lenders have, in the event of infusion of funds not materializing, decided to convert the balance of loans due, as per CDR, on 1 st April 2015 into equity of the Company, subject to the extant statutory guidelines 3. Exceptional Items 1. Making use of the lower business volumes and consequent aggregation of construction aid materials, during the year, the company, in line with the Accounting Policy stated vide Note 2.9 above carried out a detailed physical count and estimation of the useful life of the construction aid materials. This has resulted in reversal of write-down of inventories to the extent of Rs, 10,082.54 Lacs. 2. Consequent to the severe down trend in the economy in the last three years, which has impacted the infrastructure and construction sectors a detailed evaluation of the trade receivables was carried resulting in a provision of Rs, 10,111.59 Lacs towards bad and doubtful debts./claims carried in the books of the company. 3. Provision for permanent diminution in the value of investment in certain subsidiaries amounting to Rs, 9,17.12 Lacs as well as the loans and advances lent to such subsidiaries for which there is uncertainty of immediate recovery amounting to Rs, 1,546.46 Lacs has been made. 4. In line with the accounting policy, stated in 2.13 the above items have been treated as exceptional items and disclosed as such in financial statements. 4. Segment Reporting: The company's operations predominantly consist of construction activities. Hence there are no reportable segments under Accounting Standard -17. During the year under report, substantial part of Company's business has been carried throughout India. The conditions prevailing in India being uniform, no separate geographical disclosures are considered necessary. 5. Current Assets: a)Current Assets in clude Rs,30,947.43 Lacs grouped under Note3.11 of billed/ claims based on explicit/ implicit contractual/ commercial terms for projects. These Receivables are periodically reviewed by the company and considering the commercial / contractual terms, the progress in negotiations / arbitration/ the continuing discussions with the clients an amount of Rs, 10,257 lacs has been provided for and the management is confident that no further provision against these dues needs to be considered at this juncture. b) Current Assets include certain guarantees amounting toRs, 8,401 lacs (PY7.918 Lacs) issued by the Banks on behalf of the company have been invoked by the Clients due to alleged contractual non-performance. In addition there are disputes with respect to other amounts due from such clients. These amounts totaling to Rs, 37,683 Lacs have been grouped under Note 3.15. The company has activated appropriate contractual remedies to address these disputes as provided for under the contract between the Company and the Clients. Based on the final outcome of resolution of these disputes necessary entries would be finally passed. Hence, no provision against these dues needs to be considered at this juncture. 6. Claims against the company not acknowledged as debt Rs. Nil (P.Y* 64.08 Lacs). 7. Estimated amount of contracts remaining to be executed on capital account and not provided for Rs, Nil (P.Y* Nil). 8. In the absence of profits during the year, the requirement of payment of Trade License fee to the partnership firm, Samruddhi Holdings, owning the trade name /. Logo (Triple C) will not arise for the year under reference. 9. Indian Bank initiated action u/s. 13(4) of the SARFAESI Act, in respect of property situated at Nedungundram Village measuringtoanextentof133centsoutof553cents being used as God own by the Company. Aggrieved with this the Company filed an Appeal before Honorable Madras High Court for an injunction restraining Indian Bank against further proceedings. Honorable Madras High Court issued an injunction order restraining Indian Bank against initiating any proceedings and also directed to deposit Rs, 120 Lacs with the High Court Registry. We have deposited Rs,120Lacswith the Registry as directed and the same is accounted under the' Deposit- Others' in our books of Account. 10. Previous year's figures have been regrouped / consolidated wherever applicable / required and furnished accordingly, figures have been rounded off to the nearest rupee. Mar 31, 2014 Nature of Security : a. (i) The Existing Construction Equipment Loan and Machinery Term Loan and the funded Interest Term Loan on that would countinue to have exclusive charge on the Plant and Machinery procured from the respective loans. (ii) The Existing Corporate Loan, Working Capital Term Loans (WCTL I, II and III) and Funded Interest Term Loans (FTL I, II and III) facilities would be secured by a pari passu first charge on the fixed assets of the Company, Fixed Assets of the SEZ Land and Solar Power Plant. (iii) The Term Loans facilities would be secured by a pari passu second charge on the current assets of the Company. (iv) All the loans would have the personal guarantees of the Promotoers, viz., Mr. R. Sarabeswar and Mr. S. Sivaramakrishnan. (v) The promotors, viz., Mr. R. Sarabeswar and Mr. S. Sivaramakrishnan will pledge their entire equity shareholding aggregating to 7,73,51,078 Equity Shares of Face Value Rs. 2/- being 41.86% of the paid up capital of the Company in favour of the lenders, as prescribed by the CDR Guidelines. b. Term Loan excludes instalments payable with in one year Rs. Nil (PY. Rs. 266 millions) which is classified as current and disclosed in other current liabilities. c. Rs.20 crores 12.65% Non Convertible Debentures, allotted on 22nd May 2012 with originally repayment terms of Rs.20 millions, Rs.40 millions, Rs.60 millions and Rs.80 millions at the end of 18, 24, 30 and 36 months respectively from the date of allotment and with a put and call option at the end of 24 months from the date of allotment. The debentures are secured by pari- passu charge on the present and future total assets of the company. Pending their participation in the CDR scheme the same is classified and grouped under long term borrowing. d. Due to inadequate profits during the year, no Debenture Redemption Reserve was created in the books for the financial year read with Section 117C of the Companies act 1956 and GC 9/2002, dated April 18th 2002. BUSINESS PROFILE: Consolidated Construction Consortium Ltd. (The company) is a public limited company incorporated under the provisions of the Companies Act., and its shares are listed in two Stock Exchanges in India (BSE and NSE). The company is an integrated turnkey construction service provider having pan India presence with expertise in construction design, engineering, procurement, construction and project management. We also provide construction allied services such as Mechanical & Electrical, Plumbing, Fire Fighting, Heating, ventilation and air conditioning, interior fit out services and glazing solutions. The Company also caters to the requirements of Ready mix concrete and hollow block for clients. 1. OTHER NOTES 1.1 Current Financial Condition, Mitigating Factors & "Going Concern" A. Financial Condition: a. The Company''s Operations have been affected during the whole of the Financial Year and the company has incurred losses totaling Rs 32,063.57 Lacs. Further the cash flows of the company have also been affected severely due to the poor collections of receivable and retention monies from various clients. b. During the year under the review, unexecuted orders for an amount totaling Rs. 137,083 Lacs have been cancelled / terminated pending negotiations / litigations which are underway. The company is proceeding with appropriate / legal remedies including arbitration process, wherever provided for and has been legally advised that it has a strong case and accordingly has not considered any provisions in these results. c. Subsidiary Companies have a collective loss of Rs 2,989.90 Lacs (PY Loss Rs 2034.85 Lacs) for this year considering the operations being strategic in nature and in view of the management plan for the future, permanent diminution is not considered in the value of investments in these financials. B. Mitigating Factors: a. Further the company is in advanced stage of discussions with one strategic overseas investor for investment into one of the subsidiaries. b. Further the company had been awarded approval of the Corporate Debt Restructuring (CDR) by its lending bankers and the same is under implementation. In view of the above said mitigating factors the company is positively looking at the scenario as a "Going Concern" 1.2 Corporate Debt Restructuring During the year the debt restructuring proposal of the Company was referred to the Corporate Debt Restructuring (CDR) Cell by State Bank of India. The restructuring under CDR inter-alia provides for business restructuring envisaging sale of certain assets and investments and financial restructuring of the existing loans and providing fresh loans together with reduction in interest rates and appropriately designed repayments. The participating lenders constituting 91.53% of the total restructured debt have approved the package. The CDR cell approved the package vide its letters dated 28 March 2014 and 28 April 2014, on certain terms and conditions for the business and financial restructuring including sharing of security among lenders. In accordance of the terms and conditions of the CDR package the promoters have brought in a sum of Rs 2975 Lacs on 31st March 2014 being the promoters'' contribution for implementation of the scheme. Pending execution of necessary documents and compliance with certain conditions of the CDR which have been agreed to by the Company and the Promoters, the interest relief of Rs. 1,788.79 Lacs for the year ending 31 March 2014 has been considered in these accounts. The lenders, with the approval of CDR Empowered Group (CDR EG), shall have the right to recompense (RoR) the reliefs/sacrifice/waivers extended by respective lenders as per CDR Guidelines. Accordingly, the Recompense Amount calculated as per the CDR Guidelines for the year 2013-14 is Rs. 332 Lacs. 1.6 In line with the principle of substance over form for the Chennai Modernisation Airport Project, being executed by Herve Pomerleau - CCCL JV, assessed as a Association of person, by relevant Authorities and as filed with them, its income from operations and it''s related expenditure amounting to NIL (PY Rs. 7,961.04 Lacs) and Rs. 733.79 Lacs (PY Rs. 7,332.28 Lacs) together with the assets and liabilities amounting to Rs. 5,724.39 Lacs (PY Rs. 16,588.88 Lacs) and Rs. 5,724.39 Lacs (PY Rs. 16,588.88 Lacs) respectively have been grouped under respective heads in the current year. There are no dues towards share of profit during the year (PY Rs. 89.44 Lacs) to the party under the consortium agreement in respect of the Chennai Airport modernization project. 1.7 Segment Reporting: The company''s operations predominantly consist of construction activities. Hence there are no reportable segments under Accounting Standard -17. During the year under report, substantial part of Company''s business has been carried throughout India. The conditions prevailing in India being uniform, no separate geographical disclosures are considered necessary. 1.8 During the year certain performance guarantees amounting to Rs. 6,876.00 Lacs issued by the Banks on behalf of the company have been invoked by the Clients due to alleged contractual non-performance. These amounts have been grouped under the head Loans and Advances and the company has activated appropriate contractual remedies to address these disputes as provided for under the contract between the Company and the Clients. Based on the final outcome of resolution of these disputes necessary entries would be finally passed. 1.9 The Company has reckoned a sum of Rs 16,353 Lacs as income with respect to jobs which have been terminated by the Clients. This amount has been reckoned based on the estimate of the value of work done other claims and forms a part of the amount being sought to be recovered from the Clients for which the company has activated the appropriate mechanism available under the contract between the Company and the Clients.. 1.10 Contingent Liabilities: a. Bank Guarantees and Letter of Credit (Rs. In Lacs) Particulars 31.03.2014 31.03.2013 Bank Guarantees 39,561,51 78,805.54 Letter of Credit 653.49 6,931.22 Buyer Line of Credit - 5,164.94 Total 40,215.00 90,901.70 b. Bank Guarantees and Letter of Credit on behalf of Subsidiaries/Joint Ventures (Rs. in Lacs) Subsidiary/Joint Venture As at 31.03.2014 As at 31.03.2013 CCCL Infrastructure Limited CCCL Power Infrastructure Limited Nil Nil CCCL Samjung Tech Consortium Nil 1,421.50 CCCL Sam India Consortium Nil 2,698.80 Total Nil 4,120.30 c. Corporate Guarantee(s): Corporate Guarantees on behalf of its subsidiaries and AOP are as under: (Rs. in Lacs) Subsidiary/JointVenture As at 31.03.2014 As at 31.03.2013 Consolidated Interiors Limited 1,550.00 1,550.00 Noble Consolidated Glazings Limited 3,600.00 3,600.00 CCCL Infrastructure Limited 4,204.00 4,204.00 Total 9,354.00 9,354.00 d. Demands raised on the company by the respective authorities are as under: (Rs. in Lacs) Nature of Statue As at 31.03.2014 As at 31.03.2013 Service Tax# 11,285.15 11,007.74 Excise Duty 65.59 77.25 VAT/Sales Tax 1,832.12 1,832.12 Income Tax 2,045.01 2,169.04 Customs Duty 2.93 2.93 Total 15,230.80 15,089.08 # The Honorable CESTAT has passed an order staying the collection of the demand, in respect of the disputed liability for the period April 2006-September 2008. As the issues involved for the subsequent period are of the similar nature, there is no provision taken in accounts. Based on the expert opinions obtained, the Company had been advised not making any provision in the Accounts. 1.11 Claims against the company not acknowledged as debt Rs. 64.08 Lacs (P.Y.Rs. 64.08 Lacs). 1.12 Estimated amount of contracts remaining to be executed on capital account and not provided for- Rs. Nil (P.Y. Rs. 17.19 Lacs). 1.13 In the absence of profits during the year, the requirement of payment of Trade License fee to the partnership firm, Samruddhi Holdings, owing the trade name/. Logo (Triple C) will not arise for the year under reference. 1.14 Indian Bank initiated action u/s. 13(4) of the SARFAESI Act, in respect of property situated at Nedungundram Village measuring to an extent of 133 cents out of 553 cents being used as Godown by the Company. Aggrieved with this the Company filed an Appeal before Madras High Court for an injunction restraining Indian Bank against further proceedings. Madras High Court issued an injunction order restraining Indian Bank against initiating any proceedings and also directed to deposit Rs. 120.00 Lacs with the Madras High Court Registry. We have deposited Rs. 120.00 Lacs with the Registry as directed and the same is accounted under the ''Deposit-Others'' in our books. 1.15 Company having defaulted in the first installment of repayment of principal and interest thereon amounting to Rs 268 Lacs, ILFS, the trustees of the Secured non- convertible debentures Issued to Tata Capital, filed an Interim application before Madras High Court seeking injunction restraining the company to proceed with the CDR mechanism. However the Honorable Court declined to grant injunction as sought and ordered notice. The matter is posted for orders, pursuant to our Bank''s counter filed in this regard. 1.16 Previous year''s figures have been regrouped/consolidated wherever applicable / required and furnished accordingly. Figures have been rounded off to the nearest rupee. Mar 31, 2013 Note-1. BUSINESS PROFILE: Consolidated Construction Consortium Ltd. (The company) is a public limited company incorporated under the provisions of the Companies Act., and its shares are listed in two Stock Exchanges in India (BSE and NSE). The company is an integrated turnkey construction service provider having pan India presence with expertise in construction design, engineering, procurement, construction and project management. We also provide construction allied services such as Mechanical & Electrical, Plumbing, Fire Fighting, Heating, ventilation and air conditioning, interior fit out services and glazing solutions. The Company also caters to the requirements for Ready mix concrete and hollow block for clients. 2.1 In line with the principle of substance over form for the Chennai Modernisation Airport Project, being executed by Herve Pomerleau - CCCL JV, assessed as a Association of person, by relevant Authorities and as filed with them, its income from operations and it''s related expenditure amounting to Rs. 7,961.04 Lacs (PY Rs. 43,286.27 Lacs) and Rs. 7332.28 Lacs (PY Rs. 40,199.21 Lacs) together with the assets and liabilities amounting to Rs. 16,588.88 Lacs (PY Rs. 18,095.42 Lacs) and Rs. 16,588.88 Lacs (PY Rs. 18,095.42 Lacs) respectively have been grouped under respective heads in the current year. A sum of Rs. 89.44 Lacs (PY Rs. 761.75 Lacs) being share of profits is due and payable to the party under the consortium agreement in respect of the Chennai Airport modernization project has duly been disclosed. 2.2 Segmental Reporting: The company''s operations predominantly consist of construction activities. Hence there are no reportable segments under Accounting Standard -17. During the year under report, substantial part of Company''s business has been carried through out India. The conditions prevailing in India being uniform, no separate geographical disclosures are considered necessary. 2.3. Contingent Liabilities: a. Bank Guarantees and Letter of Credit (Rs.In Lacs) Particulars 31.03.2013 31.03.2012 Bank Guarantees 78,80554 86,892.62 LetterotCiedit 6,931.22 7.007.43 Buyer Line Credit 5,164.94 Total 90,901.70 93,900.05 2.4 Claims against the company not acknowledged as debtRs. 64.08 Lacs (P.Y. Rs. 474.32 Lacs). 2.5 Estimated amount of contracts remaining to be executed on capital account and not provided for - X 17.19 Lacs (P.Y. Rs. 202.69 Lacs). 2.6 In the absence of profits during the year, the requirement of payment of Trade License fee to the partnership firm, Samruddhi Holdings, owing the trade name /.Logo (Triple C) will not arise for the year under reference. 2.7 Indian Bank initiated action u/s. 13(4) of the SARFAESI Act, in respect of property situated at Nedungundram Village measuring to an extent of 133 cents out of 553 cents being used as Godown by the Company. Aggrieved with this the Company filed an Appeal before Madras High Court for an injunction restraining Indian Bank against further proceedings. Madras High Court issued an injunction order restraining Indian Bank against initiating any proceedings and also directed to deposit Rs. 120.00 Lacs with the Madras High Court Registry. We have deposited 1120.00 Lacs with the Registry as directed and the same is accounted under the ''Deposit -Others'' in our books. 2.8 Previous year''s figures have been regrouped/consolidated wherever applicable/ required and furnished accordingly. Figures have been rounded off to the nearest rupee. Mar 31, 2012 1. BUSINESS PROFILE: Consolidated Construction Consortium Ltd. (The company) is a public limited company incorporated under the provisions of the Companies Act., and its shares are listed in two Stock Exchanges in India (BSE and NSE). The company is an integrated turnkey construction service provider having pan India presence with expertise in construction design, engineering, procurement, construction and project management. We also provide construction allied services such as Mechanical & Electrical, Plumbing, Fire Fighting , Heating , ventilation and air conditioning, interior fit out services and glazing solutions. We also cater to the requirements for Ready mix concrete and hollow block for our clients. a. Terms/rights attached to equity shares The company has only one class of equity shares having a par value of Rs.2 per share. Each holder of equity shares is entitled to one vote per share. The company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. During the year ended 31 March 2012, the amount of per share dividend recognized as distributions to equity shareholders was Rs. Nil (31 March 2011: Rs.0.50) In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders. Nature of Security : a. Term Loans from Banks: Extension of pari passu charge on immovable properties , movable assets , stocks , spares , stores and book debts to cover the loans and first charge on assets purchased out of Term Loan b. Term Loan excludes installments payable within one year Rs. 3084.40 lacs ( PY Rs.2080.15 lacs) which is classified as current and disclosed in other current liabilities. 2. In line with the principle of substance over form for the Chennai Modernization Airport Project, being executed by Hervey Pomerleau - CCCL JV, assessed as a AOP, by relevant Authorities and as filed with them, it's income from operations and its related expenditure amounting to ' 40586.27 Lacs (PY Rs. 60703.31 Lacs) and Rs. 37499.21 Lacs (PY Rs. 55791.20 Lacs) together with the assets and liabilities amounting to Rs. 16373.43 Lacs (PY Rs. 26526.33 Lacs) and Rs. 14373.43 Lacs (PY Rs. 24526.33 Lacs) respectively have been grouped under respective heads in the current year. A sum of Rs. 1299.81 Lacs (PY Rs. 1215.10 Lacs) being share of profits is due and payable to the party under the consortium agreement in respect of the Chennai Airport modernization project has duly been disclosed. 3. Segmental Reporting: The company's operations predominantly consist of construction activities. Hence there are no reportable segments under Accounting Standard -17. During the year under report, substantial part of Company's business has been carried throughout India. The conditions prevailing in India being uniform, no separate geographical disclosures are considered necessary. In view of the inadequacy of profits the remuneration paid to the CEO / Chairman, Managing Director and Director (Operations) is in excess of the limits specified under schedule XIII. The company at its meeting of its remuneration committee / board of director held on 28.10.2011 and duly approved by the share holders by postal ballot on 20.12.2011 has made an application to the central government for approval for the remuneration paid in excess of the limits. The total remuneration excess paid during the current year is Rs. 315.20 Lacs. a. Amounts totaling Rs. 26267.40 Lacs (P.Y.Rs.15668.40 Lacs), representing contract costs relating to future activities have duly been shown separately in the Accounts under current assets. b. Contract W.I.P. includes a sum of retention money of amounts totaling Rs. 15153.62 Lacs (P.Y.17507.80 Lacs) deducted by the customers. 4. Contingent Liabilities: a. Bank Guarantees including Letter of Credit outstanding as on 31.03.2012 - Rs. 80231.60 Lacs (P.Y. Rs. 87927.70 Lacs). This includes Bank Guarantees and Letters of Credit executed by the company on behalf of CCCL Power Infrastructure Limited Rs. 106.59 Lacs (PY Rs. 100.00 Lacs). b. The Company has executed Corporate Guarantees on behalf of its subsidiaries and AOP during the year. i) on behalf of Consolidated Interiors Ltd. - Rs. 1550.00 Lacs (P.Y.Rs. 1400.00 Lacs) ii) on behalf of Noble Consolidated Glazing's Ltd. - Rs. 3600.00 Lacs (P.Y.Rs.3000.00 Lacs) iii) on behalf of Herve Pomerleau International CCCL Joint Venture - Rs. 48200.00 Lacs (P.Y.Rs.48200.00 Lacs) iv) on behalf of CCCL Infrastructure Ltd. - Rs. 4204.00 Lacs (P.Y. Nil) c. Following demands have been raised on the company by the respective authorities: i) On account of Sales tax /VAT - Rs.985.41 Lacs (P.Y.Rs.872.70 Lacs). ii) On account of Service Tax - Rs.12298.33 Lacs (P.Y.Rs.11207.24Lacs) [for the period from April, 2006-March, 2012]. The Honorable CESTAT has passed an order staying the collection of the demand in respect of the disputed tax liability for the period April 2006 - Sep 2008. As the issues involves for the subsequent periods are of a similar nature there has been no provisions taken in the accounts. iii) On account of Excise Duty - Rs.20.97 Lacs (P.Y. Rs.Nil) (for the period from Apr 2011 to Mar 2012) iv) On account of Income Tax - Rs.25.40 Lacs (P.Y Rs.25.40 Lacs) [for the period from April 2004-March 2005].- Rs.1295.50 Lacs (P.Y Rs.1295.50 Lacs) [for the period from April 2005 - March 2008]. - Rs.414.97 Lacs (P.Y Rs. Nil) [for the period from April 2008-March 2009]. Based on the expert opinions obtained, the Company does not feel any liability will arise and hence no provision has been made in the Accounts. 5. Claims against the company not acknowledged as debt Rs.474.32Lacs- (P.Y.Rs.599.24Lacs). 6. Estimated amount of contracts remaining to be executed on capital account and not provided for - Rs.202.69 Lacs (P.Y. Rs.663.60 Lacs). 7. In view of the inadequacy of profits the company has made a representation to Samruddhi Holdings a Partnership firm in which the Directors / Chief Financial Officer are partners for the use of the name, logo (Triple C) and Trade Mark (Triple C) for not insisting on the Trade License fee payable to it in accordance with the approval of the Ministry of Corporate Affairs, Government of India vide its Letter dated 12.04.2011. Samruddhi Holdings have given their consent in this regard. The total value of Trade License fee not charged to the Statement of Profit and Loss in the current year is Rs.54.55 Lacs. 8. Indian Bank initiated action u/s. 13(4) of the SARFAESI Act, in respect of property situated at Nedungundram Village measuring to an extent of 133 cents out of 553 cents being used as Godown by the Company. Aggrieved with this the Company filed an Appeal before Madras High Court for an injunction restraining Indian Bank against further proceedings. Madras High Court issued an injunction order restraining Indian Bank against initiating any proceedings and also directed to deposit Rs. 120.00 Lacs with the Madras High Court Registry. We have deposited Rs. 120.00 Lacs with the Registry as directed and the same is accounted under the 'Deposit - Others' in our books. 9. Previous year's figures have been regrouped / consolidated to conform the new formats for Schedule VI as prescribed by the Ministry of Corporate Affairs vide NotificationNo.S.O447 (E) dated 28-02-2011. Note : Cash Flow statement has been prepared under the indirect method as set out in the AS 3 on Cash Flow statements as specified in the companies (AS) Rules, 2006. Previous year figures have been regrouped / reclassified wherever necessary. Mar 31, 2011 1. Securities Premium Account represents the difference between the consideration received in respect of shares issued and the face value. 2. Amounts due to small scale industrial undertakings / suppliers under the MSMED Act,2006: The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amounts unpaid as at the year end together with interest paid / payable as required under the said Act could not be furnished. 3. Current tax and Deferred Tax: a. Provision for Current Tax is Rs. 331 Million (P.Y.372.27 Million), in accordance with the Accounting Policy, in this regard, followed by the Company. No provision for Fringe Benefit Tax is made in the current year (P.Y. Nil), b. Deferred Tax Liability as at March 31,2011 comprises of the following: 4. Related party transactions: A. Related parties: Particulars Name of the Entity Subsidiaries (wholly owned) i. Consolidated Interiors Limited ii. Noble Consolidated Glazings Limited iii. CCCL Infrastructure Limited iv. CCCL Power Infrastructure Limited v. Delhi South Extension Car Park Limited Step - down Subsidiary CCCL Pearl City Food Port SEZ Limited Enterprises owned or significantly influenced by A. Companies: Key Management Personnel or their Relatives Yuga Homes Ltd Yuga Agate Taurus Plant & Equipment Services Ltd. B. Partnership Firms: Samruddhi Holdings Joint Ventures A. Partnership Firms: Yuga Builders Yuga Developers Consortium Arrangements - refer note no. 7 below Association of Persons Herve Pomerleau International CCCL Joint Venture Relatives i. Mrs.Usha-Spouse of wholetime director ii. Mr. Kaushik Ram .S - Son of wholetime director Key management personnel A. Whole Time Directors: R. Sarabeswar S. Sivaramakrishnan V.G. Janarthanam B. Chief Financial Officer: T.R.Seetharaman 4. In line with the principle of substance over form for the Chennai Modernisation Airport Project, being executed by Herve Pomerleau - CCCL JV, assessed as a AOP, by relevant Authorities and as filed with them, its income from operations and its related expenditure amounting to Rs. 6184.54 Million (PY Rs.3028.86 Millions) and Rs. 5693.33 Million (PY Rs.2819.45 Million) together with the assets and liabilities amounting to Rs. 2652.63 Million (PY Rs. 1953.74 Million) and Rs. 2452.63 Millions (PY Rs. 1753.74 Million) respectively have been grouped under respective heads in the current year. A sum of Rs. 121.51 Millions (PY Rs. 54.38 Millions) being share of profits is due and payable to the party under the consortium agreement in respect of the Chennai Airport modernization project has duly been disclosed. 5. Segmental Reporting: The companys operations predominantly consist of construction activities. Hence there are no reportable segments under Accounting Standard -17. During the year under report, substantial part of Companys business has been carried through out India. The conditions prevailing in India being uniform, no separate geographical disclosures are considered necessary. 6. Disclosures under AS - 7 (Revised) a.Disclosures as required under AS-7 (Revised) together with the completed contracts are furnished hereunder: c. Amounts totaling Rs. 1566.84 Million (P.Y.Rs. 1322.65 Millions), representing contract costs relating to future activities have duly been shown separately in the Accounts under current assets. d. Contract W.I.P. includes a sum of retention money of amounts totaling Rs. 1750.78 Million (P.Y.Rs. 1632.58 Millions) deducted by the customers. 7. Contingent Liabilities: a. Bank Guarantees including Letter of Credit outstanding as on 31.03.2011 - Rs. 8792.77 Million (P.Y. Rs. 7210.62 Million). This includes Bank Guarantees and Letters of Credit executed by the company on behalf of Herve Pomerleau International CCCL Joint Venture for Rs. 96.00 Million (P.Y. Rs. 739.20 Million), on behalf of CCCL Infrastructure Limited Rs. 92.56 Millions (PY Rs. NIL), on behalf of CCCL Power Infrastructure Limited Rs. 10.00 Millions (PY Nil). b. The Company has executed Corporate Guarantees on behalf of its subsidiaries and AOP during the year. i) on behalf of ConsolidatedInteriors Ltd. - Rs. 140.00 Million (P.Y. Rs. 140.00 Million) ii) on behalf of Noble Consolidated Glazings Ltd. -Rs. 300.00 Million (P.Y. Rs. 170.00 Million) iii) on behalf of Herve Pomerleau International CCCL Joint Venture -Rs. 4820.00 Million (P.Y. Rs. 4820.00 Million) c. Following demands have been raised on the company by the respective authorities: i) On account of Sales tax/VAT -Rs.87.27Million(P.Y.Rs.135.93 Million). ii) On account of Service Tax- - Rs. 776.13 Millions (P.Y. Rs. 705.60 Millions) [for the period from April, 2006 - March, 2008]. - Rs. 278.22 Millions (P.Y. Rs. 3.16 Millions) [for the period from April 2008 - March, 2009]. iii) On account of Income Tax - Rs. 2.54 Million (P.YRs. 2.54 Million) [for the period from April 2004-March 2005]. - Rs.129.55Million(P.Y?4.88Million)[fortheperiodfromApril 2005-March 2008]. Based on the legal opinion obtained, the Company does not feel any liability will arise and hence no provision has been made in the Accounts. 8. Claims against the company not acknowledged as debt Rs. 59.92 Million-(P.Y. Rs. 45.92 Million). 9. Estimated amount of contracts remaining to be executed on capital account and not provided for - Rs. 66.36 Million (P.Y. Rs. 13.92 Million). 10. Trade Licence fee represents amounts paid to Samruddhi Holdings a Partnership firm in which the Directors / Chief Financial Officer are partners for the use of the name, logo (Triple C) and Trade Mark (Triple C) in accordance with the approval of the Ministry of Corporate Affairs, Government of India vide its Letter dated 8th April, 2008. The amount payable @ 4% amounts to Rs. 26.57 Million. However it is restricted to Rs. 20.00 Million in line with the above approval. 11. Indian Bank initiated action u/s. 13(4) of the SARFAESI Act, in respect of property situated at Nedungundram Village measuring to an extent of 133 cents out of 553 cents being used as Godown by the Company. Aggrieved with this the Company filed an Appeal before Madras High Court for an injunction restraining Indian Bank against further proceedings. Madras High Court issued an injunction order restraining Indian Bank against initiating any proceedings and also directed to deposit Rs. 12.00 Millions with the Madras High Court Registry. We have deposited Rs. 12.00 Millions with the Registry as directed and the same is accounted under the Deposit - Others in our books. 12. As construction activity is considered as a service activity, it is covered under para 3 (ii) (c) of Part II to Schedule VI to the Companies Act 1956. 13. Previous years figures have been regrouped/consolidated wherever applicable/ required and furnished accordingly. Figures have been rounded off to the nearest rupee. Mar 31, 2010 1. Securities Premium Account represents the difference between the consideration received in respect of shares issued and the face value. 2. Amounts due to small scale industrial undertakings / suppliers under the MSME Act,2006: The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amounts unpaid as at the year end together with interest paid / payable as required under the said Act and could not be furnished. 3. Current tax and Deferred Tax: a. Provision for Current Tax is Rs 372.27 Million (P.Y.216.28 Million), in accordance with the Accounting Policy, in this regard, followed by the Company. No provision for Fringe benefit Tax is made in the current year (P.Y.7.50 Million). b. Deferred Tax Liability as at March 31,2010 comprises of the following: 4. Related party transactions: A. Related parties: Particulars Name of the Entity Subsidiary i. Consolidated Interiors Limited ii. Noble Consolidated Glazings Limited iii. CCCL Infrastructure Limited Step - down Subsidiary CCCL Pearl City Food Port SEZ Limited Enterprises owned or significantly influenced by A. Companies: Key Management Personnel or their Relatives Yuga Homes Ltd Taurus Plant & Equipment Services Ltd. B. Partnership Firms: Samruddhi Holdings Joint Ventures A. Partnership Firms: Yuga Builders Yuga Developers Consortium Arrangements - refer note no. 7 below Association of Persons Harve Pomerleau International CCCL Joint Venture Relatives i. Mrs.Usha-Spouse of wholetime director ii. Mr. Kaushik Ram .S - Son of wholetime director Key management personnel A. Whole Time Directors: R. Sarabeswar S. Sivaramakrishnan V.G. Janarthanam B. Chief Financial Of ficer: T.R.Seetharaman 5. In line with the principle of substance over form for the Chennai Modernisation Airport Project, being executed by Herve Pomerleau - CCCL JV, assessed as a AOP, by relevant Authorities and as filed with them, its income from operations and its related expenditure amounting to Rs. 3028.86 Million and Rs. 2819.45 Million together with the assets and liabilities amounting to Rs. 1953.74 Million and Rs. 1753.74 Million respectively have been grouped under respective heads in the current year. A sum of Rs 54.38 Million being share of profits is due and payable to the party under the consortium agreement in respect of the Chennai Airport modernization project has duly been disclosed. 6. Segmental Reporting: The companys operations predominantly consist of construction activities. Hence there are no reportable segments under Accounting Standard -17. During the year under report, substantial part of Companys business has been carried through out India. The conditions prevailing in India being uniform, no separate geographical disclosures are considered necessary. 7. Miscellaneous Expenditure: As a prudent measure over the accounting policy referred to in Note No.10 of Accounting Policies, the company has decided to absorb the entire sum of Rs 80.68 million being the balance lying in the expenditure on IPO. The above amount has been adjusted against the Securities Premium account in line with the provisions of Section 78(2)(c) of the Companies Act 1956. Pursuant to the above absorptions the profit for the year would have been less by Rs 28.07 million and EPS by Rs 0.15 as compared to the previous year 8. Contingent Liabilities: a. Bank Guarantees including Letter of Credit outstanding as on 31.03.2010 -Rs.7210.62 Million (P.Y.Rs.4388.72 Million). This includes Bank Guarantees and Letters of Credit executed by the company on behalf of Herve Pomerleau International CCCL Joint Venture for Rs.739.20 Million (P.Y. Rs.879.63 Million). b. The Company has executed Corporate Guarantees on behalf of its subsidiaries and AOP during the year i) on behalf of Consolidated Interiors Ltd. - Rs. 140.00 Million (PY.Rs.140.00 Million) ii) on behalf of Noble Consolidated Glazings Ltd.- Rs.170.00 Million (P.Y. 55.00 Million) iii) onbehalf of Herve Pomerleau International CCCL Joint Venture-Rs. 4820.00 Million (P.Y. 601.10 Million) c. Following demands have been raised on the company by the respective authorities: i) On account of Sales tax / VAT - Rs.135.93 Million (P.Y. Rs.80.23 Million). ii) On account of Service Tax - - Rs.391.52 Million (P. Y.Rs.559.30 Million) [for the period from April, 2006 - September, 2007]. - Rs. 314.08 Million (P.Y.Rs. 4.96 Million) [for March, 2008] - Rs. 3.16 Million [ for the period from April 2008 - September 2008]. Based on the legal opinion obtained, the Company does not feel any liability will arise and hence no provision has been made in the Accounts. iii) On account of Income Tax - Rs. 2.54 Million (P.Y Rs. 2.54 Million) [for the period from April 2004 - March 2005]. - Rs. 4.88 Million (P.Y Rs. 4.88 Million) [for the period from April 2005-March 2006]. 9. Claims against the company not acknowledged as debt Rs.45.92 Million- (P.Y.Rs.4.90 Million). 10. Estimated amount of contracts remaining to be executed on capital account and not provided for - Rs.13.92 Million (P.Y. Rs.10.18 Million). 11. Trade Licence fee represents amounts paid to Samruddhi Holdings a Partnership firm in which the Directors / Chief Financial Officer are partners for the use of the name, logo (Triple C) and Trade Mark (Triple C) in accordance with the approval of the Ministry of Corporate Affairs, Government of India vide its Letter dated 8th April, 2008. The amount payable @ 4% amounts to Rs.26.81 Million. However it is restricted to Rs.20.00 Million in line with the above approval. 12. As construction activity is considered as a service activity, it is covered under para 3 (ii) (c) of Part II to Schedule VI to the Companies Act 1956. 13. Previous years figures have been regrouped/consolidated wherever applicable/ required and furnished accordingly. Figures have been rounded off to the nearest rupee. Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article IFSC Code Currency From To 1 USD = 89.577 (USD to INR) 1 EUR = 104.886 (EUR to INR) 1 GBP = 119.845 (GBP to INR) More More Information on Consolidated Construction Consortium Ltd. Consolidated Construction Consortium Ltd. Tools Bulk Deals Consolidated Construction Consortium Ltd. Company Details Company Profile Company History Management Team Capital Structure Product Mix Banker/Auditor/Registrar Company History BSE Price History NSE Price History Consolidated Construction Consortium Ltd. Key Financial Ratios Ratios Consolidated Construction Consortium Ltd. Results Quarterly Results Half Yearly Results Nine Months Results Annual Results Consolidated Construction Consortium Ltd. Financial Data Audited Results Cash Flow Balance Sheet Consolidated Construction Consortium Ltd. Reports Accounting Policies Auditors Report Directors Report Notes To Account Consolidated Construction Consortium Ltd. Corporate Announcements Book Closure Dividend Board Meetings News Stocks To Buy Today, Dec 19: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Friday Stocks To Buy Today, Dec 18: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Thursday Stocks To Buy Today, Dec 17: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Wednesday Stocks To Buy Today, Dec 16: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Tuesday India Stock Market Weekly Review: Nifty and Sensex Fall as Caution Spreads Stocks To Buy Today, Dec 15: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Monday Stocks To Buy Today, Dec 12: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Friday Market Outlook 2026: Kotak Securities Sees Nifty 50 at 30,000; THESE 4 Sectors Lead Rally, Gold To Stay Strong Stocks To Buy Today, Dec 10: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Wednesday D-Street Bleeds For 2nd Day! Sensex Slumps 678 Pts; Nifty Cracks 25,800; Why Stock Market Is Falling Today? Stocks To Buy Today, Dec 9: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Tuesday Stocks To Buy Today, Dec 8: Top 4 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Monday Stock Market Alert! Major Pre-Open Session Change From Dec 8: Full Timings, Rules & All You Need To Know Bank Nifty Surges: RBI’s 25 bps Rate Cut Triggers Strong Upside in Major Banking Stocks Closing Bell: Sensex Ends 158 pts Higher, Nifty Climbs Above 26,000; Hero MotoCorp, HAL Up 2% Each Stocks To Buy Today, Dec 4: Top 2 Picks By Riyank Arora of Mehta Equities For Profitable Trading On Thursday About GoodReturns GoodReturns is your trusted source for the latest financial news, investment insights, and expert guidance. Stay updated and make informed decisions with our comprehensive updates. Quick Links Home Market News Mutual Funds IPO Finance Guides Personal Finance Contact Us Have questions or need support? Reach out to us at inquiries@greynium.com Stay Connected Connect with us for updates and insights: X Instagram YouTube Facebook LinkedIn Legal & Policies About Us Terms of Service Privacy Policy Cookie Policy Disclaimer Contact Code of Business Conduct Grievance Corrections Policy Visit Other Greynium Sites © Greynium Information Technologies Pvt. Ltd. Select One FilmiBeat BoldSky DriveSpark GizBot MyKhel Careerindia NativePlanet Coupons Click.in OneArabia Notifications Settings Clear Notifications No New Notifications Notifications Use the toggle to switch on notifications Block for 8 hours Block for 12 hours Block for 24 hours Don't block To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar Click it and Unblock the Notifications Close X Close X To Start receiving timely alerts please follow the below steps: Click on the Menu icon of the browser, it opens up a list of options. Click on the “Options ”, it opens up the settings page, Here click on the “Privacy & Security” options listed on the left hand side of the page. Scroll down the page to the “Permission” section . Here click on the “Settings” tab of the Notification option. A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification. Once the changes is done, click on the “Save Changes” option to save the changes. Stay Informed. Get news and videos anytime and anywhere. Sign in with Google By signing in, you agree to our Terms and Privacy Policy Gender Select your Gender Male Female Others Age Select your Age Range Under 18 18 to 25 26 to 35 36 to 45 45 to 55 55+ Sign Out Home Notifications Notifications Notifications Profile Profile App