Yaan Enterprises Ltd

Yaan Enterprises Ltd

Crown Tours Limited is a public company incorporated in the year May 5th 1989. The company is involved in the business of Tour Operator and sale of precious / semi precious stones.Disputed demand for Service Tax of Rs 22.63 lakhs for the period October 2007 to March 2010 pending under appeal with CEC Jaipur has been decided in favor of the company vide Order dated 27 May 2015 except partial demand of Rs 0.86 lakhs. Accordingly the said disputed demand stands deleted to the extent of Rs 21.77 lakhs and balance Rs 0.86 lakhs has been deposited.The Securities and Exchange Board of India (SEBI) on 02 September 2015 issued SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 with the aim to consolidate and streamline the provisions of Listing Agreement for different segments of Capital markets to ensure better enforceability. The said regulations were effective from 01 December 2015. Accordingly all listed entities were required to enter into Listing Agreement within six months from the effective date. The Company entered into Listing Agreement with BSE limited during February 2016.The Company decided to diversify its business activities in the field of real estate e-Commerce and jewellery handicrafts etc. The commencement of commercial operations related to jewellery business activities started by the company through its business unit i.e. 'Crown Gems' w.e.f 23 September 2016.