1) Acquisitions
 
 (i) To expand its operation and reach during the year the Company has
 floated ''Wholly Owned Subsidiaries'' in Singapore and Australia namely
 ''Allied Digital Singapore Pvt Limited'' and ''Allied Digital Asia Pacific
 Pty Limited'' respectively.
 
 (ii) During the year the Company has advanced Share Application Money
 towards the subscription of the Rights Issue of its subsidiary
 ''Digicomp Complete Solutions Limited''. The Company has paid an amount
 of Rs 39.59 Lacs towards this subscription which is 25% application
 money paid on 4280 equity shares of Rs 100 each at the premium of Rs
 3,600/- per share.
 
 (iii) On 1st April ''2011, the Company has entered into a final ''Share
 Purchase & Joint Venture Agreement'' with ''e-Cop Pte Ltd., Singapore''.
 By virtue of this agreement, effective 1st April ''2011 ''e-Cop
 Surveillance India Pvt. Ltd.,'' has become a subsidiary of the Company.
 
 2) Employee Benefits
 
 (i) An amount of Rs 10.00 Lacs (Previous Year Rs 20.00 Lacs) has been
 contributed towards the Employees Gratuity Fund against the current
 year liability of Rs 65.75 Lacs (Previous Year Rs 4.16 Lacs) and earlier
 year liabilities as per the Actuarial Valuation for Gratuity as on 31st
 March 2011. The Company has its Employees Gratuity Fund managed by
 Birla Sun Life Insurance Company.
 
 (ii) The Company recognised Rs 143.53 Lacs (Previous year: Rs 89.40 Lacs)
 for provident fund contributions during the year. The contributions
 payable to this plan by the Company are at rates specified in the rules
 of the scheme and the same are charged to the Profit and Loss Account
 of the Company.
 
 (iii) Employee Stock Options
 
 The Company by a Special Resolution passed at the Extra Ordinary
 General Meeting held on January 02, 2007 approved the Employee Stock
 Option Scheme under Section 79 A of the Companies Act, 1956 to be read
 along with SEBI (Employee Stock Option and Employee Stock Purchase
 Scheme) Guidelines, 1999 whereby options convertible into Equity Shares
 had been granted to eligible employees of the Company. The Board of
 Directors had resolved to grant the Options to the eligible employees
 vide resolution dated January 22, 2007, consequently the Options were
 granted to eligible employees.
 
 The Company has two Stock Options Plans which are summarized as under:
 
 (a) Stock Option Scheme (2007) Loyalty Grant
 
 Under this scheme, the Company had granted 63,300 Options @ Rs 10/- each
 to the eligible employees.
 
 Out of the above mentioned grant of 63,300 options,50,436 Options were
 exercised by the eligible employees and balance Options were lapsed.
 
 (b) Stock Option Scheme (2007) Growth Grant
 
 Under this scheme, the Company had granted 4,30,300 Options (pre-split
 of Company''s Equity Shares) @ Rs 95/- each to the eligible employees
 which were to be exercised within four years from the date of the
 grant.
 
 Out of the above, during the year under review 1,03,850 Options (post -
 split of Company''s Equity Shares from the face vale of Rs 10/- to Rs
 5/-each) were exercised by the eligible employees.
 
 The summary of the Stock Options exercised by the eligible employees
 during the year under review are as under:
 
 The Company by a Special Resolution passed at Annual General Meeting
 held on 29th September 2010 approved the Employee Stock Option Scheme
 under section 79A of the companies act 1956 to be read along with SEBI
 (Employee Stock Option and Employee Stock Purchase Scheme) Guidelines,
 1999 whereby 30,00,000/ - options convertible into Equity Shares of Rs
 5/- each to be granted to eligible employees of the Company. This stock
 option scheme is titled as ''ESOP 2010 and no options had been granted
 under this scheme during the year.
 
 3) Contingent Liabilities
 
 (i) As per the Certificate issued by the banks, value of bank
 guarantees outstanding as on 31st March, 2011 amounts to Rs 1,520.48
 Lacs (Previous Year Rs 996.09 Lacs) and the value of Letter of Credit
 outstanding as on 31st March, 2011 amounts to Rs 77.22 Lacs (Previous
 Year Rs 24.81 Lacs).
 
 (ii) Claim against the Company not acknowledged as debts Rs 8.93 Lacs
 (Previous Year Rs 5.92 Lacs).
 
 (iii) The Income Tax Authorities carried out a search operation at
 certain locations of the Company on 4th February 2011. The Company
 extended its full co-operation to the tax authorities and various
 statements were recorded during the course of search. The search
 operation got concluded on the same business day.  The Company has not
 received any such communication from the income tax authorities till
 date having any potential financials or tax implication on the Company.
 
 4) Fixed Assets
 
 During the year under consideration the Company has acquired Leasehold
 Premises, Leasehold Land and Freehold Premises total amounting to Rs
 9,086.75 Lacs. The above includes the cost of acquiring these assets
 inclusive of incidental charges and lease premium paid if any.
 
 5) Current Assets, Loans and Advances
 
 In the opinion of the Board, the Current Assets, Loans and Advances are
 approximately of the value stated and are realisable in the ordinary
 course of business.
 
 (i) The management is in process of obtaining external confirmations
 and reconciling balances relating to Sundry Debtors and Loans &
 Advances amounting to Rs 25,167.79 Lacs and Rs 8,714.73 Lacs respectively
 as at 31st March 2011. Based on the ageing analysis prepared for the
 Sundry Debtors, as per the books of accounts but subject to our
 verification, produced before us Sundry Debtors of Rs 2,999.54 Lacs has
 been written off as unrecoverable and a further provision of Rs 753.00
 Lacs has been provided for Doubtful Debts.  On receipt of the
 confirmations and reconciliations as stated above the need to make
 further provisions for doubtful debts, if any, will be ascertained.
 
 ii) The value of the Inventory as on 31st March 2011 includes certain
 slow moving item which has not been provided for during the valuation
 of the same. The valuation of the Inventory is as certified by the
 management.
 
 (iii) Amounts extended to wholly owned subsidiaries Company has been
 shown under the head investment as the same is long term in nature.
 
 6) MAT Credit Entitlement
 
 Considering the consistent profit over the years and also considering
 the future profit projections, the management believes that there are
 adequate and satisfying reasons with regards to the earning of future
 taxable income and payment of tax under normal tax within the specified
 period. Hence MAT credit entitlement of Rs 433.77 Lacs (Previous year
 Nil) has been recognized during the year.
 
 7) Current Liabilities and Provisions
 
 In the opinion of the Board, the current liabilities are approximately
 at the fair value in the Balance Sheet.  Balances of sundry creditors
 are subject to confirmation and reconciliation.
 
 The Company creates a provision when there is a present obligation as a
 result of a past event that probably requires an outflow of resources
 and a reliable estimate can be made of the amount of the obligation.
 
 9) Quantitative Information
 
 Considering the nature of business of the Company, it is not
 practically possible to give quantitative information in the absence of
 common expressible unit.
 
 10) Dues to Micro, Small and Medium Enterprises
 
 As per the information provided by the Company, there are no Micro,
 Small and Medium Enterprises to whom the Company owes dues which are
 outstanding for more than 45 days as at the balance Sheet date. No
 response was received by the Company from its creditors to enable them
 to identify the same and hence the above information has been
 determined on the basis of the explanation provided by the Company to
 the auditors. This has been relied upon by the auditors.
 
 12) Issue of Warrants
 
 During previous financial year, the Company had allotted 2,00,000 (Two
 Lacs) Warrants (convertible into Equity Shares of Rs 5/- each) to
 Bennett, Coleman and Company Limited (BCCL) on preferential allotment
 basis at Rs 377/- per warrant with following condition; (i) if at the
 time of conversion, the price determined in accordance with SEBI (ICDR)
 is less than Rs 377/- then the warrants will be converted at such lower
 price; (ii) but in any case such lower price shall not be below Rs 277/-
 per warrant. Pursuant to the above, vide BCCL''s letter dated 24th
 March, 2011, the Company has received Rs 365.50 Lacs towards the
 subscription for conversion of 2,00,000 warrants issued to BCCL @ Rs
 277/- per share as per the terms of issue of warrants. These warrants
 were converted into 2,00,000 Equity Shares of Rs 5/- each at a premium
 of Rs 272/- per share on 01st April 2011.
 
 13) Taxes on Income
 
 (i) Provision for taxation for the year has been made in accordance
 with the provisions of the Income Tax Act, 1961.
 
 (ii) In terms of Accounting Standard on Accounting for Taxes on
 Income (AS 22), the Company has recognised Deferred Tax Liability
 amounting to Rs 796.27 Lacs (Previous Year Rs 284.96 Lacs) for the period
 ended 31st March, 2011 in the Profit and Loss Account.
 
 16) Lease Income
 
 In accordance with the Accounting Standard 19, Leases issued by the
 Institute of Chartered Accountants of India, the Company has given
 Assets on Operational Lease on or after 1st April 2001. These assets
 have been capitalized and consequently depreciation has also been
 provided on these assets. The minimum lease rent receivable as at 31st
 March, 2011 are as follows:
 
 18) Subsequent event
 
 The Board of Directors of the Company in their meeting held on February
 18, 2011 have resolved to buyback (Buyback) its fully paid-up equity
 shares of the face value of Rs 5/- each (Equity Shares) from the
 existing owners of Equity Shares of the Company, other than Promoters
 of the Company from the open market stock exchange in accordance with
 the provisions of Sections 77A, 77AA, 77B and other applicable
 provisions of the Companies Act, 1956 (the Act) and Securities and
 Exchange Board of India (Buy Back of Securities) Regulation, 1998 (the
 Regulation) and the relevant provisions of Memorandum of Association
 and Articles of Association of the Company and at a maximum price not
 exceeding Rs 140/- per Equity Share (Maximum Buyback Price) payable in
 cash, for an amount of upto Rs 28 crores (Offer size). The Date of
 Opening of the buyback was April 25, 2011 and last Date for the Buyback
 is February 17, 2012.
 
 As at August 22, 2011 the Company has bought back 5,49,731 Equity
 Shares out of which 5,45,731 Equity Shares have been extinguished.
 
 19) Previous year''s figures have been recast / restated wherever
 necessary.
 
 20) Previous year''s figures are in italics.