
having composite licence no.CA0268 is a Corporate Agent of Kotak Mahindra Life Insurance Company Limited and Kotak Mahindra General Insurance Company Limited.

In case of any queries, request you to kindly get in touch with Customer Service on 18002099191/9292 The list of such stocks are available on the website of NSE & BSE. Kindly note that as per NSE circulars nos: NSE/INVG/36333 dated November 17, 2017, NSE/INVG/37765 dated May 15.2018 and BSE circular nos: 20171117-18 dated November 17, 2017, 20180515-39 dated May 15.2018, trading in securities in which unsolicited messages are being circulated is restricted. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
#No extraordinary items accounting update
Attention Investors Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. No worries for refund as the money remains in investor's account. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No need to issue cheques by investors while subscribing to IPO. So, do read the details of these Items and check for the explanations. That said, it can also be manipulated to make the company’s balance sheet look better. Companies have to give explanations for these Items in their financial reports. It is also important that you look at Exceptional and Extraordinary Items. The idea is that since these items do not recur on a regular basis so taking them out of the picture is likely to give a truer account of the business. To do this, analysts usually adjust the Net Profit or Operating Profit for these items by subtracting the expense/income as well as its tax. It is in the best interest of the investor to look for recurring profit to make any judgement regarding the performance of the company. A detailed explanation regarding the nature of the item is given in the notes to accounts. Secondly, exceptional and extraordinary items are important while calculating the actual growth in the business.Įxceptional items as well as Extraordinary Items are reported in the Profit and Loss statement. This is vital information when calculating the profitability of its investment in the new company. For example, Asian Paints reported a Rs 52.5-crore expense due to loss of goodwill related to a company acquisition in its recent result. First, it can provide insight into the financial repercussions of certain events and company decisions. While they may be different, both Exceptional and Extraordinary Items are important. For example, a flood damaging company equipment or loss in production due to labour strike can be considered Extraordinary Items. Extraordinary items, however, are not part of the regular operations. Selling machinery (from the previous example) is a part of the company’s operations, although not one conducted every quarter or year. The key difference lies in whether or not the item is related to the company’s regular operations. So, it is counted as an ‘Exceptional Item’.ĭon’t confuse it, however, with ‘Extraordinary Items’. However, this is not likely to recur again. This could easily boost the company’s profits in that particular quarter/year.

This led to an income of Rs 1 crore – a big sum for a single transaction. For example, suppose a company sold off some of its machinery because it did not use it anymore.
:max_bytes(150000):strip_icc():saturation(0.2):brightness(10):contrast(5)/workplace-tornado-564171025-5a68b3af8e1b6e001a32057a.jpg)
As the name suggests, these are one-off events that either caused a great expense or a big bout of revenue.
