Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.
Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.
Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.
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<strong>Lumax</strong> <strong>Auto</strong> <strong>Technologies</strong> <strong>Ltd</strong>.Schedules attached to and forming part of Consolidated Balance Sheet as at <strong>March</strong> <strong>31</strong>, <strong>2008</strong>ParticularsTerm Loan - IIFrom State Bank of India - I. F. B. Pimpri ( Securedagainst mortgage of Land, Building Hypothecation ofPlant and Machinery and Guaranteed by the directors)Amount due within one year Rs.- (Previous <strong>Year</strong> Rs.96,00,000/-)As at<strong>31</strong>.03.<strong>2008</strong>(Amount in Rs.)As at<strong>31</strong>.03.2007- 20,541,667Term Loan - IFrom ABN AMRO Delhi ( Secured against mortgage ofLand, Building Hypothecation of Plant and Machinery)Amount due within one year Rs.60,00,000/-Term Loan - IIFrom ABN AMRO Delhi ( Secured against mortgage ofLand, Building Hypothecation of Plant and Machinery)Amount due within one year Rs.96,00,000/-Term Loan - IIIFrom ABN AMRO Delhi ( Secured against mortgage ofLand, Building Hypothecation of Plant and Machinery)Amount due within one year Rs.84,00,000/-Stand line of credit from ABN AMRO DelhiFrom ABN AMRO Delhi ( Secured against mortgage ofLand, Building Hypothecation of Plant and Machinery)Amount due within one year Rs.50,000,000/-10,000,000 -12,100,000 -40,000,000 -50,000,000 -Term Loan -I(Secured by way of first charge against all movable fixedassets, equitable mortgage on Freehold Land , Building andCorporate Guarantee of <strong>Lumax</strong> <strong>Auto</strong> <strong>Technologies</strong> <strong>Ltd</strong>.) duewith in one year 3,04,40,000 (previous year Rs.2,34,66,000)Bill Discounting from Standard Chartered Bank(These loans are secured against stock, book debt & fixedassets of the company and personal gaurantee of thePromoter Directors)Cholamandalam Investment & Finance(Secured against Hypothecation of City Ride Bus)Amount due within one year Rs.- ( previous year Rs.60,862/-)HDFC Bank(Secured against Hypothecation of Logan Car)Amount due with one year Rs.2,99,180/-I C I C I Bank <strong>Ltd</strong>.(Secured against Hypothecation of Maruti Car)Amount due with one year Rs.1,76,523/- (Previous yearRs.6,50,438 /-)Maruti Udyog Limited(Secured against Hypothecation of Maruti Car)Amount due with one year Rs1,29,649./-)84,480,000 93,728,365- 12,238,377- 60,863385,330 -337,240 987,678567,000 -230,836,013 185,465,269Schedule "D" Unsecured LoansLoan from DirectorLoan from othersDeferral Payment of Sales Tax /SIDCUL- 5,000,00011,839,588 5,839,58814,154,774 18,537,853Interest on Loan Payable 800,372 271,16026,794,734 29,648,60173
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