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Amount owed to small scale undertakings or other creditors

As on September 30, 2015, our Company had 1,168 creditors and certain sundry creditors to whom cheques had been issued, but had not been presented for payment as on September 30, 2015. The aggregate amount outstanding to such creditors as on September 30, 2015 was ₹ 2,835.90 million, on a standalone basis. As per the requirements of SEBI ICDR Regulations, our Company, pursuant to a resolution of our Board dated December 24, 2015, considered creditors to whom an amount exceeding ₹ 104.51 million, which is 1% of the total standalone revenue for the period ending March 31, 2015, is outstanding, for the purpose of identification of 'material' creditors. Based on the above, there are 6 material creditors of our Company on September 30, 2015, to whom an aggregate amount of ₹ 678.66 million was outstanding on such date.

Further, 111 creditors of our Company have been identified as small scale undertakings by our Company based on available information, to whom, as aggregate amount of ₹ 333.24 million was outstanding as on September 30, 2015, on a standalone basis.


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