Notes to Accounts of First Custodian Fund (India) Ltd.

Mar 31, 2024

29) Operating segments The Company is engaged in the business of Broking & related activities in india. There is no other segment to be reported

30) Related Party Disclosure

A. List of Related Parties

No subsidiary company

B. Other Parties with whom the Company has entered into the transaction during the year

i. Other Group Company

1. Harvestdeal Securities Ltd.

2. Dhanlaxmi Textiles Pvt. Ltd.

ii. Key Management Personnel

1. Shri Manish Banthia

2. Shri Giriraj Damani

iii. Relatives of Key Management PersonnelS.N. Name Relation with Key Management Personnel

1 Shri R. K. Banthia Father of Manish Banthia

C. During the year brokerage were earned with the related parties in the ordinary course of Business:

31) Business Combinations

The Company had not acquired or Invested in any other business.

32) The Company does not have any pending litigation which would impact its financial position.

33) There is no long term contract enter into by the Company, hence provisions for material forseable loss is not required.

34) Due to Micro, small & medium enterprises

The Company has not received any interes claim from any client as at Balance Sheet date.

35) Financial Instrument Face Value

The face value of All the assets & liabilities of the company are equivalent to their carrying amount largely due to short term maturity of these items.The quoted / unquoted shares are stated at cost price.

36) Financial instruments Risk Management

The Company has exposure to the

Liquidity risk credit risk & Market risk

The Management is taking almost care

in its day to day dealing so that the risk are minimum.

1) Trades payable are payable on demand

2) Borrowings are payable in monthly EMI

3) Other financial liabilities are payable as per due dates

37. Maturity Analysis

All the current Assets / current liabilities are realisable / payable within 12 months. other non-current assets & liabilities are realisable / payable in more than 12 months.

39) C. S. R.: The CSR scheme is not applicable to the company

40) Capital Management : Capital includes equity capital, share premium, other equity reserves attributable to the equity holder of the company. The company monitors capital using gearing ratio capital gearing ratio of company is as follows.

1. Current Ratio: Current Asset over Current Liabilities

2. Debt-Equity Ratio: Debt over total share holders equity.

3. Trade Receivables Turnover Ratio: Credit sales over average trade receivables

4. Trade Payables Turnover Ratio: Credit purchases/expenses over average trade payables

5. Net Capital turnover Ratio : Sales over net working capital

6. Net profit ratio: Profit After Tax over Revenue from operations

7. Return on Capital employed: Earnings Before Interest & Tax over Capital Employed (which includes tangible net worth and total debt).

Note: Considering the nature of business activites, only ratios applicable to the company are provided.

42. The figure of the previous years have been regrouped or rearrenged wherever necessary.

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Mar 31, 2015

1. Sundry Debit & Credit balances are subject to confirmation.

2. The company is in the process of identifying creditors covered under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006

3. Accounting Standard 17 - Segment Reporting

The Company is principally engaged in the business of Broking and related activities. Accordingly, there are no reportable segments as per AS 17.

4. Accounting Standard 18 - Related Party disclosure

A. List of Related Parties No subsidiary company

B. Other Parties with whom the Company has entered into the transaction during the year

i. Other Group Company

1. Harvest deal Securities Ltd.

2. Dhanlaxmi Textiles Pvt Ltd

ii. Key Management Personnel

1. Shri Manish Banthia

2. Shri Sushil Mantri

3. Shri G. K. Damani

5. Deferred Tax (Liability)/ Asset as at the year end comprise timing difference on account Of Depreciation, Capital Gains.

6. Disclosure of provision as required under AS - 29 "Provisions Contingent Liabilities and Contingent Assets" NIL.

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Mar 31, 2014

1. Sundry Debit & Credit balances are subject to confirmation.

2. The company is in the process of identifying creditors covered under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006

3. Expenditure in foreign currencies: Nil Income in foreign currencies Nil

4. Detail of Directors''Remuneration Nil

5. Accounting Standard 17 - Segment Reporting

The Company is principally engaged in the business of Broking and related activities. Accordingly, there are no reportable segments as per AS 17.

6. Accounting Standard 18 - Related Party disclosure

A. List of Related Parties

No subsidiary company

B. Other Parties with whom the Company has entered into the transaction during the year

i. Other Group Company

1. Harvestdeal Securities Ltd.

2. Dhanlaxmi Textiles Pvt Ltd

ii. Key Management Personnel

1. Shri Manish Banthia

2. ShriSushil Mantri

3. Shri G. K. Damani

7. Deferred Tax (Liability)/ Asset as at the year end comprise timing difference on account Of Depreciation, Capital Gains.

8. Disclosure of provision as required under AS - 29 "Provisions Contingent Liabilities and

Contingent Assets" NIL

9. All other information as required as per Para AC and 4D of Para II of schedule VI to the Act are not applicable to the Company.

10. Information required as per Part IV of Schedule VI to the Companies Act, 1956 is attached herewith.

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Mar 31, 2013

1. Sundry Debit & Credit balances are subject to confirmation.

2. The company is in the process of identifying creditors covered under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006

3. Expenditure in foreign currencies: Nil Income in foreign currencies Nil

4. Detail of Directors''Remuneration Nil

5. Payment to Auditors Year Year

6. Accounting Standard 17 - Segment Reporting

The Company is principally engaged in the business of Broking and related activities. Accordingly, there are no reportable segments as per AS 17.

7. Accounting Standard 18 - Related Party disclosure

A. List of Related Parties

No subsidiary company

B. Other Parties with whom the Company has entered into the transaction during the year

i. Other Group Company

1. Harvestdeal Securities''Ltd. 2. Dhanlaxmi Textiles Pvt Ltd

ii. Key Management Personnel

1. Shri Manish Banthia

2. Shri Sushil Mantri

3. Shri G. K. Damani

8. Deferred Tax (Liability)/ Asset as at the year end comprise timing difference on account Of Depreciation, Capital Gains.

9. Disclosure of provision as required under AS - 29 "Provisions Contingent Liabilities and Contingent Assets" NIL

10. All other information as required as per Para 4C and 4D of Para II of schedule VI to the Act are not applicable to the Company.

11. Information required as per Part IV of Schedule VI to the Companies Act, 1956 is attached herewith.

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Mar 31, 2012

1. Accounting Standard 17 - Segment Reporting

The Company is principally engaged in the business of Broking and related activities. Accordingly, there are no reportable segments as per AS 17.

2. Accounting Standard 18 - Related Party disclosure

A. List of Related Parties No subsidiary company

B. Other Parties with whom the Company has entered into the transaction during the year

i. Other Group Company

1. Harvestdeal Securities Ltd.

2. Dhanlaxmi Textiles Pvt Ltd

ii. Key Management Personnel

1. Shri Manish Banthia

2. Shri Sushil Mantri

3. Shri G. K. Damani

3. Deferred Tax (Liability)/ Asset as at the year end comprise timing difference on account Of Depreciation, Capital Gains.

4. Disclosure of provision as required under AS - 29 "Provisions Contingent Liabilities and Contingent Assets" NIL

5. All other information as required as per Para 4C and 4D of Para II of schedule VI to the Act are not applicable to the Company.

6. Information required as per Part IV of Schedule VI to the Companies Act, 1956 is attached herewith.

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Mar 31, 2011

1. Sundry Debit & Credit balances are subject to confirmation.

2. The company is in the process of identifying creditors covered under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006

3. Expenditure in foreign currencies Nil Income in foreign currencies Nil

4. detail of directors' Remuneration Nil

5. Accounting Standard 17 Segment Reporting

The Company is principally engaged in the business of Broking and related activities.

Accordingly, there are no reportable segments as per AS 17.

6. Accounting Standard 18 Related Party disclosure

A. List of Related Parties No subsidiary company

B. Other Patties with whom the Company has entered into the transaction during the year

i. Other Group Company

1. Harvestrieal Securities Ltd

2. Dhanlaxmi Textiles Pvt Ltd

ii. Key Management Personnel

1. Shri Manish Banthia

2. Shri Sushil Mantri

3. Shri G. K. Damani

iii. Relatives of Key Management Personnel

S.N. Name Relation with Key Management Personnel

1. Shri Shiikant Mantri Brother of Sushil Mantri

2. Shri R. K. Banthia Father of Manish Banthia

C. buring the year brokerage were earned with the reiated parties in the ordinary course of Business:

7. Deferred Tax (Liability}/ Asset as at the year end comprise timing difference on account Of Depreciation, Capital Gains.

8. Disclosure of provision as required under AS - 29 "Provisions Contingent Liabilities and Contingent Assets" NIL

9. All other information as required as per Para 4C and 4D of Para II of schedule VI to the Act are not applicable to the Company.

10. Information required as per Part IV of Schedule VI to the Companies Act,is attached herewith.

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Mar 31, 2010

A.Segment Reporting: As the Company operates in only one segment i.e the capital Market segment, separate disclosure is not required.

B. Figure in the financial statements are all in Rupees.

C. Previous Years figure have been recast and rearranged wherever found necessary.