{"id":4234,"date":"2022-06-18T18:14:38","date_gmt":"2022-06-18T18:14:38","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar22\/?page_id=4234"},"modified":"2022-06-30T03:29:43","modified_gmt":"2022-06-30T03:29:43","slug":"44-46-notes","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar22\/44-46-notes\/","title":{"rendered":"44-46 Notes"},"content":{"rendered":"<div class=\"nolwrap\">\n<div class=\"row\"  id=\"row-646780756\">\n\n\n\t<div id=\"col-1635983816\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<a href=\"https:\/\/investors.bajajauto.com\/ar22\/notes-to-standalone-financial-statements-22\/\" class=\"button primary is-outline is-small\"  style=\"border-radius:99px;\">\n\t\t<span>BAck to note<\/span>\n\t<\/a>\n\n\n<a href=\"https:\/\/investors.bajajauto.com\/ar22\/balance-sheet-22\/\" class=\"button primary is-outline is-small\"  style=\"border-radius:99px;\">\n\t\t<span>balance sheet<\/span>\n\t<\/a>\n\n\n\t<div id=\"text-2914046360\" class=\"text show-for-small\">\n\t\t\n\n<p><img src =\"https:\/\/investors.bajajauto.com\/ar22\/wp-content\/uploads\/2022\/06\/tenor.gif\"width=\"40\">Best viewed in landscape mode<\/p>\n\t\t\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-993170707\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<!DOCTYPE html>\n<html xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">\n\t<head>\n\t\t<meta charset=\"utf-8\" \/>\n\t\t<title>Note_44_45_46_V2<\/title>\n\t\t<style>\n\nbody, div, dl, dt, dd, h1, h2, h3, h4, h5, h6, p, pre, code, blockquote {\n\tmargin:0;\n\tpadding:0;\n\tborder-width:0;\n}\nbody {\n\t-epub-hyphens:auto;\n}\ntable.Annual-Report-Main-Table {\n\tborder-collapse:collapse;\n\tborder-color:#000000;\n\tborder-style:none;\n\tborder-width:0px;\n\tmargin-bottom:0px;\n\tmargin-top:0px;\n}\ntd.Annual-Report-Main-Table 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{\n\tmargin-bottom:0px;\n\tmargin-top:15px;\n}\np.ParaOverride-3 {\n\tmargin-bottom:6px;\n\tmargin-top:15px;\n}\np.ParaOverride-4 {\n\tmargin-bottom:15px;\n\tmargin-left:30px;\n\tmargin-top:15px;\n\ttext-indent:-30px;\n}\np.ParaOverride-5 {\n\tmargin-bottom:15px;\n\tmargin-left:30px;\n\ttext-indent:-30px;\n}\np.ParaOverride-6 {\n\tmargin-bottom:40px;\n}\np.ParaOverride-7 {\n\tmargin-bottom:20px;\n}\ntd._idGenCellOverride-1 {\n\tborder-top-style:solid;\n\tborder-top-width:0px;\n}\ncol._idGenTableRowColumn-1 {\n\twidth:935px;\n}\ntr._idGenTableRowColumn-2 {\n\tmin-height:35px;\n}\ncol._idGenTableRowColumn-3 {\n\twidth:402px;\n}\ncol._idGenTableRowColumn-4 {\n\twidth:210px;\n}\ncol._idGenTableRowColumn-5 {\n\twidth:289px;\n}\ntr._idGenTableRowColumn-6 {\n\tmin-height:29px;\n}\ntr._idGenTableRowColumn-7 {\n\tmin-height:54px;\n}\ntr._idGenTableRowColumn-8 {\n\tmin-height:111px;\n}\ndiv._idGenObjectStyleOverride-1 {\n\tborder-width:0px;\n\twidth:100%\n\tpadding-left:5px;\n\tpadding-right:5px;\n}\n\n<\/style>\n\t<\/head>\n\t<body id=\"Note_44_45_46_V2\" lang=\"en-GB\">\n\t\t<div id=\"_idContainer000\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<table id=\"table001\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-01_Web-Color_Head\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Main_Head_Color ParaOverride-1\" lang=\"en-US\">44&#9;Estimation of uncertainties relating to COVID-19 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t\t<div id=\"_idContainer001\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<p class=\"_R9--Nonfinancial_-09-NF_00Indent ParaOverride-2\" lang=\"en-US\">The Company has considered the possible effects that may result from the global health pandemic relating to COVID-19 on its operations. In developing the assumptions relating to the possible future uncertainties in the economic conditions because of this pandemic, the Company, as at the date of approval of these financial statements has used internal sources of information and market based intelligence to arrive at its estimates.<\/p>\n\t\t<\/div>\n\t\t<div id=\"_idContainer002\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<table id=\"table002\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-01_Web-Color_Head\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Main_Head_Color ParaOverride-3\" lang=\"en-US\">45&#9;MSME disclosure<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t\t<div id=\"_idContainer003\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<p class=\"_R9--Nonfinancial_-09-NF_00Indent ParaOverride-2\" lang=\"en-US\">Considering the Company has been extended credit period upto 45 days by its vendors and payments being released on a timely basis, there is no liability towards interest on delayed payments under \u2018The Micro, Small and Medium Enterprises Development Act 2006\u2019 during the year. There is also no amount of outstanding interest in this regard, brought forward from previous years. Information in this regard is on basis of intimation received, on requests made by the Company, with regards to registration of vendors under the said Act.<\/p>\n\t\t<\/div>\n\t\t<div id=\"_idContainer004\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<table id=\"table003\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-01_Web-Color_Head\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Main_Head_Color ParaOverride-3\" lang=\"en-US\">46&#9;Miscellaneous<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t\t<div id=\"_idContainer005\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-4\" lang=\"en-US\">a.&#160;&#160;&#160;&#160;There have been no events after the reporting date that require disclosure in these financial statements.<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-5\" lang=\"en-US\">b.&#160;&#160;&#160;&#160;Amounts less than <span class=\"ITF-Rupee\" lang=\"en-GB\">&#8377;<\/span> 50,000 have been shown at actual against respective line items statutorily required to be disclosed.<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-5\" lang=\"en-US\">c.&#160;&#160;&#160;&#160;The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property.<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-5\" lang=\"en-US\">d.&#160;&#160;&#160;&#160;The Company has performed the assessment to identify transactions with struck off companies as at 31 March 2022 and identified one company with which the transaction value is below rounding off norms adopted by the Company (refund of deposit).<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-5\" lang=\"en-US\">e.&#160;&#160;&#160;&#160;The Company has not traded or invested in crypto currency or virtual currency during the financial year.<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-5\" lang=\"en-US\">f.&#160;&#160;&#160;&#160;&#160;&#160;The Company has not granted any loans or advances in the nature of loans to promoters, directors, KMPs and the related parties (as defined under the Companies Act, 2013), either severally or jointly with any other person.<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-5\" lang=\"en-US\">g.&#160;&#160;&#160;&#160;No funds have been advanced or loaned or invested either from borrowed funds or share premium or any other sources or kind of funds by the Company to or in any other person or entity, including foreign entities (\u2018Intermediaries\u2019), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (\u2018Ultimate Beneficiaries\u2019) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_01Indent ParaOverride-5\" lang=\"en-US\">h.&#160;&#160;&#160;&#160;&#160;No funds have been received by the Company from any person or entity, including foreign entities (\u2018Funding Parties\u2019), with the understanding, whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (\u2018Ultimate Beneficiaries\u2019) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.<\/p>\n\t\t<\/div>\n\t\t<div id=\"_idContainer006\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<table id=\"table004\" class=\"Basic-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-Web-Text-Without-Line-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text\">As per our report of even date<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-Web-Text-Without-Line-\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-Web-Text_Center-Without-Line-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">On behalf of the Board of Directors<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-Web-Text-Without-Line- _idGenCellOverride-1\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text\">For S R B C &amp; CO LLP<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text\">Chartered Accountants <\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text ParaOverride-6\">ICAI Firm Registration Number: 324982E\/E300003<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text\">per Arvind Sethi<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text\">Partner <\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text\">Membership Number: 089802<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-00Web-Text\">Pune: 27 April 2022<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-Web-Text-Without-Line- _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-Web-Text_Center-Without-Line- _idGenCellOverride-1\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">Niraj Bajaj<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center ParaOverride-7\">Chairman<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">Rajiv Bajaj<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center ParaOverride-7\">Managing Director<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">Madhur Bajaj<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">Vice Chairman<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-Web-Text_Center-Without-Line- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">Dinesh Thapar<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center ParaOverride-7\">Chief Financial Officer<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">Dr. J Sridhar<\/p>\n\t\t\t\t\t\t\t<p class=\"_R9-_-Web-Text_Center\">Company Secretary<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t<\/body>\n<\/html>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4234","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/pages\/4234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/comments?post=4234"}],"version-history":[{"count":6,"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/pages\/4234\/revisions"}],"predecessor-version":[{"id":5288,"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/pages\/4234\/revisions\/5288"}],"wp:attachment":[{"href":"https:\/\/investors.bajajauto.com\/ar22\/wp-json\/wp\/v2\/media?parent=4234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}