Outstanding Creditors Report


As of March 31, 2018, we had 107 creditors. The aggregate amount outstanding to such creditors as on March 31 2018 was Rs.115.49 million.

In terms of the Materiality Policy, our Company considers such creditors ‘material’ to whom the amount due exceeds five per cent of the consolidated trade payables of our Company as per the latest audited financial statements of our Company i.e. Rs. 5.77 million, and accordingly as on March 31, 2018, our Company owed an aggregate amount of Rs. 11.65 million to 1 material creditor of our Company.

As of March 31, 2018, our Company owed Rs. Nil to micro and small enterprises, as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

Particulars No. of Cases As of 31st March 2018 (Rs. In million)
Dues to Micro and Small Enterprises                                 –
Other Material Creditors (Annexure A) 1 11.65
Other Dues to Creditors 106 36.41
Provision  – 67.43
Total 107 115.49

Annexure A

Amount due to Other Material Creditors as of March 31, 2018, on a consolidated basis:

Sl No Particulars Total (Rs. in million)
1 SAP India Pvt Ltd                           11.65
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