Balance with banks include unclaimed Dividend of Rs.0.25 lacs (Previous
 Year Rs.0.18 lacs).
 
 Fixed Deposits with banks include deposits of Rs.1,057.78 lacs
 (Previous Year Rs.438.47 lacs) with maturity of more than 12 months.
 
 Fixed Deposits with banks includes deposits of Rs.450.00 lacs (Previous
 Year Rs.450.00 lacs) kept under lien with the bank as security for Bank
 Facilities obtained by a subsidiary Company.
 
 1.  Surplus / (Deficit) on account of exchange difference on
 outstanding forward exchange contracts to be recognized in profit and
 loss account of subsequent accounting period aggregate to Rs.774.12
 lacs (For F.Y. 2010-11 it was Rs.798.96 lacs).
 
 2.  Derivative Instruments:
 
 a) Derivative contracts entered into by the Company and outstanding as
 on 31st March, 2012.
 
 i) For hedging currency related risk:
 
 Forward / option contracts (net) for sales entered into by the Company
 and outstanding as on 31s1 March, 2012 amount to Rs.2,32,173.78 Lacs
 (for F.Y.2010-11 forward / option contracts (net) for Sales was
 Rs.54,544.44 Lacs)
 
 ii) For hedging commodity related risk:
 
 Forward contracts for Gold entered into by the Company and outstanding
 as on 31st March, 2012 covers 82 Kgs. (For F.Y2010-11 it was 124 Kgs.).
 
 b) Foreign currency exposure that is not hedged by the derivative
 instruments as on 31s1 March, 2012, amount to Rs. Nil. (For F.Y2010-11
 it was Rs. Nil).
 
 3.  The details of amounts outstanding to Micro, Small and Medium
 Enterprises under the Micro, Small and Medium Enterprises Development
 Act, 2006 (MSMED Act), based on the information available with the
 Company are as under:
 
 4.  The Company has given guarantee of Rs. 13,231.30 lacs (Previous
 year Rs 6,348.75 lacs) to banks for facilities availed by its
 subsidiary companies.
 
 Segment Reporting and Related Information requires that an enterprise
 report a measure of total assets for each reportable segment. The fixed
 assets and inventories used in the Company''s business are not
 identifiable to any particular reportable segment and can be used
 interchangeably among geographical segments. Consequently, management
 believes that it is not practical to provide segment disclosures
 relating to total assets since a realistic analysis among the various
 geographic segments is not possible. Therefore, information has been
 restricted to direct debtors of each geographical segment.
 
 5. The figures of previous year have been regrouped / reclassified
 wherever necessary and possible so as to confirm with the figures of
 the current year.
 
 Balance with banks include unclaimed dividend of Rs.0.25 lacs (
 Previous Year Rs.0.18 lacs).
 
 Fixed Deposits with banks include deposits of Rs.1,057.78 lacs
 (Previous Year Rs.438.47 lacs) with maturity of more than 12 months.
 
 Fixed Deposits with banks includes deposits of Rs.450.00 lacs (Previous
 Year Rs.450.00 lacs) kept under lien with the bank as security for Bank
 Facilities obtained by a subsidiary company.
 
 6.  Surplus / (Deficit) on account of exchange difference on
 outstanding forward exchange contracts to be recognized in profit and
 loss account of subsequent accounting period aggregate to Rs.780.49
 lacs. (For F.Y 2010-11 it was Rs.798.96 lacs).
 
 7.  Derivatives Instrument:
 
 a) Derivative contracts entered into an outstanding as on 31st March,
 2012.
 
 i) For hedging currency related risk:
 
 Forward / Option contracts (net) for sales entered into an outstanding
 as on 31st March, 2012 amount to Rs.2,343.16 crores (for F.Y2010-11
 forward / option contracts (net) for sales was Rs. 545.44 crores)
 
 ii) For Hedging commodity related risk:
 
 Forward contracts for Gold entered into by the company and outstanding
 as on 31st March, 2012 covers 82 Kgs.  (For F.Y2010-11 it was 124
 Kgs.).
 
 b) Foreign currency exposure (net) for purchases that are not hedged by
 the derivative instruments as on 31st March, 2012, amount to Rs.1.39
 crores (for F.Y2010-11 it was Rs. NIL).
 
 8.  The details of amounts outstanding to Micro, Small and Medium
 Enterprises under the Micro, Small and Medium Enterprises Development
 Act, 2006 (MSMED Act), based on the information available with the
 Company are as under:
 
 (a) As per Accounting Standard on Segment Reporting (AS-17), issued by
 the Institute of Chartered Accountant of India, the company has
 reported segments information on consolidated basis including business
 conducted by its subsidiaries.
 
 (b) The Company now recognizes two reportable business segments viz.
 cut and polished diamonds and Jewellery.  The business which is not
 reportable during the year, has been grouped under ''Others'' Segment,
 this comprises wind energy generation.
 
 9. The figures of previous year have been regrouped / reclassified
 wherever necessary and possible so as to confirm with the figures of
 the current year.