1.  Contingent liabilities not provided for Rs. 42.79 lacs towards
 income tax liability for assessment year 2005-06 ( as certified by
 Managing Director)
 
 2.  Out of the 14,38,333 GDR’S representing 21574995 underlying equity
 share of Rs.10/- each has been issued to Public. Last year 489500 GDR’s
 Representing 7342500 Equity shares has already been converted into
 equity shares and balance 948833 GDR’s still remain at . The proceeds
 have already been invested in Beckon Trading FZE (a Subsidary at Dubai)
 the exchange difference on remittance has been credited to capital
 reserve for adjustment of future exchange variation.
 
 3.  Estimated amount of contracts remaining to be executed on capital
 account not provided for as on 31-3-2010 is Nil (Pre.Year Nil) (as
 certified by M.D.)
 
 4.  Balance on account of various parties are still subject to
 confirmation / Reconciliation.
 
 5.  The figures have been rounded off to the nearest rupee and the
 figures for the previous year have been re-arranged wherever considered
 necessary.
 
 6.  Company has not received an amount of Rs. 33.10 Lacs against the
 Land & Building sold in 2003-04 however the company has not received
 any payment during the year.
 
 7.  Company has not provided for any provision for bad debts for an
 amount of Rs. 32.41 lacs recoverable from a company which has gone into
 liquidation and as per our opinion the amount is unrecoverable from the
 liquidator.
 
 8.  Current Assets loans & advances are approximately of the value
 stated in the Balance Sheet if realized in the ordinary course of
 business.
 
 9 . Sundry debtors, Loans and advances in Schedule 7 includes an amount
 of Rs. 377.54 Lac (Previous Year 101.14 Lacs) due from Company/firms in
 which Directors are interested and relatives of Directors.
 
 The deferred tax has been calculated on the current tax rate i.e.
 30.90% previous year @ 30.90% Liability on account of GDR Expenses 
 incurred in terms of US Dollars has been stated at the exchange rate 
 applicable as on 31/03/2009 for the liability which was outstanding as 
 on 31/03/2009.