1.1 Related Party Transactions - (AS - 18)
 
 The Company had transactions with the following related parties.
 
 1.  Wholly Owned Subsidiaries:
 
 1.  Pinnacle Talent Inc, USA
 
 2.  Advanced Synergic Pte Ltd, Singapore
 
 2.  Step down subsidiary :-
 
 1.  ESR Associates Inc, USA,
 
 2.  Abacus Business Solutions, Inc.
 
 3.  IDS Systems Private Limited
 
 4.  Directors: Mr. M R Vikram, Mr. Rabindra Srikantan, Dr. R P Shenoy,
 Prof. B S Sonde and Mr. Shekar Viswanathan
 
 5.  Key Management Personnel Mr. N Krishnan, Mr. T S Shanbhogue, Mr.
 Pramod Rao, Ms. Anitha Singan, Mr. Kumar Vaibhav, Ms. Vani, Mr. Balaji
 Padmakumar, Mr. Vasant Bhat and Ms. P N Lakshmi.
 
 Note: The company has applied to Central Government for Increase in
 Remuneration of Managing Director from Rs.31.44 Lakhs per annum to
 Rs.60.00 Lakhs per annum with effect from 8.11.2011. After the approval
 from the central Government differential amount will be paid as arrears
 in the year of approval.
 
 1.2 EARNINGS PER SHARE
 
 In accordance with the Accounting Standard 20 (AS-20) Earning per
 share issued by the Institute of Chartered Accountants of India,
 basic earnings per share is computed using the weighted average number
 of shares outstanding during the year.
 
 1.3 CAPITAL COMMITMENT
 
 The estimated amount of contracts remaining to be executed on Capital
 Account and not provided for (net of advances) is Rs. 22.84 Lakhs.
 
 1.4 SEGMENT REPORTING - (AS - 17)
 
 In accordance with the Accounting Standard - 17 (AS-17) Segment
 Reporting which became mandatory for reporting from 1st April 2001,
 the company states that it is in the business of software development
 and I T related services. The Company''s primary reporting segment is
 geographical as the revenues in non-software related areas are not more
 than 10% of the gross revenues.
 
                                                       Rs. In Lakhs
 
 Particulars                               31.03.2012       31.03.2011
 
 1.5 CONTINGENT LIABILITY
 
 Corporate Guarantee given to 
 Indian Bank, Singapore                      1,900.91         1,900.91
 (on behalf of wholly owned
 subsidiary, Advanced Synergic Pte Ltd)
 
 Corporate Guarantee given to State 
 Bank of India, Chicago                             -           178.88
 (on behalf of wholly owned subsidiary,
 Pinnacle Talent Inc)
 
 Corporate Guarantee given to State 
 Bank of India, San Jose                       358.09                -
 (on behalf of step down subsidiary, 
 Abacus Business Solutions Inc.)
 
 1.6 Previous year''s figures have been recast / regrouped wherever
 necessary to conform to the current year''s classifications /
 presentation.