1.  In the opinion of the Board of Directors, Current Assets, Loans &
 Advances are realizable at the value at which they are stated in the
 Balance Sheet in the - ordinary course of business
 
 2.  During the year under report, there was no employee drawing a
 salary exceeding the limits prescribed u/s 217 (2A) of the Companies
 Act, 1956 read with rules made there under.
 
 3.  Previous year figures have been regrouped and re-arranged,
 wherever considered necessary.
 
 4.  Mehted Party Transactions:
 
 In terms of Accounting Standard AS-18 issued by The Institute of
 Chartered Accountants of India, the related party transactions for the
 financial year 2010- 2011, is as under.
 
 5.  Earning Per Share:
 
 As per the Accounting Standard (AS-20) on Earning Per Share (Basic and
 Diluted), issued by the Institute of Chartered Accountants of India,
 the earning per share of the Company is as under: