1.1) In the opinion of the directors & to the best of their knowledge
 and belief, the value on realization of current assets, loans and
 advances in the ordinary course of business would not be less than the
 amount at which they are stated in the Balance Sheet. 
 
 1.2) Balances appearing to the debit or credit of various parties,
 Loans & Advances and Deposits are subject to confirmation.
 
 1.3) None of the supplier has informed the company that they are
 registered under Micro, Small and Medium enterprises Development Act,
 2006.
 
 1.4) The management is of opinion that due to sluggish capital market
 the value Investment in shares has been fallen substantially and they
 expect recovery in the near future.  Considering the same being of
 temporary nature the management does not feel necessary to provide for
 impairment loss for investment in shares as per the provision of
 Accounting Standard -28 Impairment of Assets.
 
 1.5) Other provision of Revised Schedule VI of Companies Act, 1956
 are either Nil or not applicable.
 
 1.6) Figures of previous year have been re-grouped, re-arrange and
 reclassified wherever necessary to conform to the current year
 presentation.