1.  Under the Micro Small and Medium Enterprises Development Act, 2006,
 certain disclosures are required to be made relating to Micro, Small
 and Medium Enterprises. The company is in the process of compiling
 relevant information from its suppliers about their coverage under the
 Act. Since the relevant information is not presently available, no
 disclosures have been made in the Accounts
 
 2.  The company has suspended manufacturing activities during the
 financial year 2003-04 and there are no intentions to resume the
 manufacturing activities. In spite of these facts the accounts have
 been prepared on the basis of going concern.
 
 3.  Corresponding Figures of the previous year have been regrouped or
 rearranged to make it comparable with this years figure, wherever
 necessary.
 
 4.  In view of the fact that the company has suspended manufacturing
 operations, particulars required to be furnished as per part -III of
 Schedule-6 of the Companies Act, 1956 has not been furnished.
 
 5.  The company is having net deferred tax assets. Deferred tax assets,
 which have arisen mainly on account of unabsorbed depreciation and
 carried forward losses, have not been considered for recognition, as
 there is no virtual certainty that sufficient future taxable income
 will be available against which such deferred tax assets can be
 realized. Therefore, net deferred tax asset has not been recognized in
 the accounts of the company.