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Last updated on : 29/07/2019
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Outstanding dues to Creditors as on 31.03.2019

As of March 31, 2019, we had 110 creditors on a consolidated basis. The aggregate amount outstanding to such creditors as on March 31, 2019 was ₹ 1261.66 million, on a consolidated basis.

As per the Materiality Policy, outstanding dues to any creditor of our Company having monetary value which exceed  ₹ 12.62 million, which is 1% of the total trade payables of our Company as per the Restated Financial Statements of our Company included in this Draft Red Herring Prospectus, shall be considered as ‘material’. Accordingly, in this regard, the creditors to whom an amount exceeding  ₹ 12.62 million was owed as on March 31, 2019, were considered ‘material’ creditors. Based on the above, there are 2 material creditors of our Company as on March 31, 2019, to whom an aggregate amount of  ₹ 945.46 million was outstanding on such date.

Details of outstanding dues owed as at March 31, 2019 to MSMEs and other creditors are set out below.

Creditors

Number of Cases

Amount due (in  ₹ million)

 

MSMEs

7

6.05

Other creditors

103

1255.61

Amount due towards Material Creditors as on 31/03/2019

 







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