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ANNUAL REPORT 2018 - 2019
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
AS AT 31ST MARCH 2019

19 Borrowings-Current ( ` in lakhs)
Particulars As at 31st As at 1st3
March,201 9 March, 201 8
Secured -At Amortised Cost
Working Capital Facilities From Banks :
a) State Bank of India : 3340.97 2920.40
b) Syndicate Bank : 259.34 -
c) HDFC Bank : 732.10 -
Working Capital Loans, granted under Consortium Lending Arrangement,
are Secured by a First pari passu charge on all the Current Assets of the
Company namely Stocks of Raw Materials, Packing Material, Stocks in
Process, Semi-Finished and Finished Goods, Stores and Spares, not relating
toPlantandMachinery(consumablestoresandspares),billsreceivablesand
book debts and other movables,present and future.First pari passu charge
by way of mortgage of Leasehold Land and building and other fixed assets
of the Company,situated at Plot No.D-21 and D-21A at MIDC,Turbhe and
Factory Land and building and other fixed assets of the Company,situated
at Vadval, District Raigad as continuing /collateral security and is also
personallyguaranteed byManagingDirectoroftheCompany.
Unsecured
From Others - 176.21
Total 4,332.41 3,096.61

20 Trade Payables
Micro,Small and Medium Enterprises * 270.30 -
Others 6,967.03 5,470.85
Total 7,237.33 5,470.85

20.1 Disclosure in accordance with section 22 of the Micro,Small and Medium Enterprises Development Act,2006.
Particulars As at 31st As at 31st
March,201 9 March,2018
Principal amount due to suppliers registered under the MSMED Act and
remaining unpaid as at year end 270.30 -
Interest due to suppliers registered under the MSMED Act and remaining unpaid
as at year end 0.15 -
Principal amounts paid to suppliers registered under the MSMED Act,beyond the
appointed day during the year - -
Interest paid, other than under Section 16 of MSMED Act,to suppliers registered
under the MSMED Act,beyond the appointed day during the year - -
Interest paid, under Section 16 of MSMED Act,to suppliers registered under
the MSMED Act,beyond the appointed day during the year - -
Interest due and payable towards suppliers registered under MSMED Act,for
payments already made - -
Further interest remaining due and payable for earlier years - -

119
NOTES TO THE ACCOUNTS