Amal Ltd 2018-19

Amal Ltd | Annual Report 2018-2019 ( ` 000) Note 7(a) Trade receivables (Unsecured, considered good; unless otherwise stated) As at March 31, 2019 As at March 31, 2018 Considered good - Unsecured i) Related party (refer Note 24) 1,12,792 81,082 ii) Others 2,315 2,856 1,15,107 83,938 ( ` 000) Note 7(b) Cash and cash equivalents As at March 31, 2019 As at March 31, 2018 Balances with banks in current accounts 1,087 1,803 Cash on hand 14 18 Fixed deposits with bank with original maturity of less than 3 months - 29,909 1,101 31,730 ( ` 000) Note 8(a) Equity share capital As at March 31, 2019 As at March 31, 2018 Authorised 1,50,00,000 (March 31, 2018: 1,50,00,000) Equity shares of ` 10 each 1,50,000 1,50,000 Issued, subscribed and fully paid-up 94,25,000 (March 31, 2018: 94,25,000) Equity shares of ` 10 each 94,250 94,250 94,250 94,250 i) Movement in equity share capital ( ` 000) Particulars Number of shares Equity share capital As at March 31, 2017 70,25,000 70,250 Increase during the year 24,00,000 24,000 As at March 31, 2018 94,25,000 94,250 Increase during the year - - As at March 31, 2019 94,25,000 94,250 ii) Rights, preferences and restrictions: The Company has one class of shares referred to as equity shares having a par value of ` 10 each. a) Equity shares: In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts and preference shares. The distribution will be in proportion to the number of equity shares held by the shareholders. b) Dividend: There is currently restriction on payment of dividend. The dividend proposed by the Board is subject to the approval of the shareholders in the ensuing Annual General Meeting. Notes to the Financial Statements