BSE: 538942ISIN: INE689O01013INDUSTRY: Finance & Investments
The Company has a Group Gratuity Policy with LIC for payment gratuity under the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/ termination is based on the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service. The company has adopted a Group Gratuity Scheme for Employees with Life Isurance Corporation of India.The company makes contributions to Employees Gratuity Trust which has taken a Group Gratuity policy with LIC.. The Below Mentioned Disclosure is as given based on Gratiuity report provide by Life insurance corporation of India:
The companies reportable segments under IND AS 108 are as follows:
1) Rent and Maintenance of immovable properties
2) Manpower Services
3) Investment activities
The following is an analysis of the company's revenue and results from operations by reportable segments
For the purpose of monitoring segment performance and allocating resources between segments:
1) All assets are allocated to reportable segments as applicable
2) All liabilities are allocated to reportable segments as applicable
i The figures for the previous year have been regrouped / reclassified wherever necessary.