Page 234 - Kolte Patil AR 2019-20

Notes forming part of the Consolidated Financial Statements

49. DISCLOSURE AS PER SECTION 22 OF MICRO, SMALL AND MEDIUM
ENTERPRISES DEVELOPMENT ACT, 2006
Dues to micro and small enterprises as stated below have been determined to the extent such parties have been identified based on
information collected by the Management.

(H in Lakhs)
As at As at
Particulars
March 31, 2020 March 31, 2019
(i) Principal amount remaining unpaid to any supplier as at the end of the accounting year 1 2
(ii) Interest due thereon remaining unpaid to any supplier as at the end of the accounting year - -
(iii) The amount of interest paid along with the amounts of the payment made to the supplier - -
beyond the appointed day
(iv) The amount of interest due and payable for the year - -
(v) The amount of interest accrued and remaining unpaid at the end of the accounting year - -
(vi) The amount of further interest due and payable even in the succeeding year, until such - -
date when the interest dues as above are actually paid

NOTE 50:
(a) Right of use Assets
(H in Lakhs)
Amount
Particulars
(H In Lakhs)
Balance as at April 1,2019 (Refer Note 2Q) 2,190
Add: Additions during the year -
Less: Deletions during the year -
Less: Depreciation and amortisation expense 527
Closing Balance As at March 31,2020 1,663

(b) Lease Liabilities
The weighted average incremental borrowing rate applied to lease liabilities as at April 1, 2019 is 12%. Lease Liabilities payable
within one year is ` 587 Lakhs and payable after one year and less than 5 years is ` 1,325 Lakhs.

51. Amount less than Re. 0.5 Lakhs has been rounded off and shown as Re. 0 Lakhs
52. The financial statements for the year ended March 31, 2020 were approved by the Board of Directors and
authorised for issue on June 23, 2020.

For and on behalf of the Board of Directors

Rajesh Patil Milind Kolte
Chairman & Managing Director Executive Director
(DIN:00381866) (DIN:00170760)
Place : Pune Gopal Sarda Atul Bohra Vinod Patil
Date : June 23, 2020 Chief Executive Officer Chief Financial Officer Company Secretary

232 | Kolte-Patil Developers Limited