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NOTES TO ACCOUNTS

Ace Men Engg Works Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 24.00 Cr. P/BV 6.20 Book Value (₹) 12.48
52 Week High/Low (₹) 93/41 FV/ML 10/1 P/E(X) 270.80
Bookclosure 30/08/2024 EPS (₹) 0.29 Div Yield (%) 0.00
Year End :2024-03 

II. Debit and Credit balances are subject to confirmation and reconciliation.

III. There are no dues to Micro; Small & Medium Enterprises as at Balance Sheet date and no interest has been paid to any such parties. This is based on the information on such parties identified on the basis of information available with the Company and relied upon by the auditors.

19. Notes forming part of accounts in relation to Micro and small enterprise

1. Based on information available with the company, on the status of the suppliers being Micro or small enterprises, on which the auditors have relied, the disclosure requirements of Schedule III to the Companies Act, 2013 with regard to the payments made/due to Micro and small Enterprises are given below:

The company has initiated the process of obtaining the confirmation from suppliers who have registered themselves under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act, 2006) but has not received the same in totality. The above information is compiled based on the extent of responses received by the company from its suppliers.

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