a) Terms / rights attached to equity shares :
 
 Share Capital comprises only equity shares of Rs 2/- each only.
 
 The equity shares rank pari passu in all respects including right to
 dividend, issue of new shares and voting rights.
 
 b) Shares reserved for issue under options Refer Note 45 for details.
 
 * Refer Note 47
 
 a. Cash Credit are secured by hypothecation of stock-in-trade and book
 debts and repayable on demand.
 
 1. CONTINGENT LIABILITIES                       As at      As at
                                              31st March, 
                                              2012         31st March,
                                                           2011
                                                 Rs Mn        Rs Mn
 
 a) Claims against the Company not 
 acknowledged as debts :
 
 The Sales Tax, Excise & Service Tax, Income Tax and Provident Fund
 Authorities have made certain claims totalling Rs 333 (2010-11: Rs 263),
 Rs 344 (2010-11: Rs 394), Rs 151 (2010-11: Rs 30) and Rs 1 (2010-11: Rs 1)
 respectively in respect of earlier years. The Company has been advised
 by its lawyers that none of the claims are tenable and is therefore
 contesting the same. The future cash flows on account of the above
 cannot be determined unless the judgement/decisions are received from
 the ultimate judicial forums.
 
 b) Corporate guarantees issued by the 
 Company to certain banks for loans
 taken by some of its subsidiaries and 
 amount outstanding as at 31st  March            2,069         1,759
 
 c) Some of the fixed assets of the Company have been mortgaged by
 deposit of title deeds in favour of Standard Chartered Bank towards
 loan extended to its subsidiary, M/s Lusako Trading Limited.
 
 Notes : a) The disclosures included above are limited to the extent
 provided by the actuary.
 
 b) The amounts for Other Defined Benefit Plans are below the
 rounding off norm adopted by the Company (refer note 47) and hence the
 disclosures as required under AS - 15 Employee Benefits have not
 been given.
 
 ii) During the year, the Company has recognised the following amounts
 in the Statement of Profit and Loss for defined contribution plans :
 
 - Provident and Family Pension Fund (applicable for certain eligible
 employees whose provident fund accounts are maintained with the
 Regional Provident Fund Commissioner - Rs 9 (2010-11: Rs 9)
 
 - Superannuation Fund - Rs 20 (2010-11: Rs 19).
 
 iii) Provident Fund for certain eligible employees is administered by
 the Company through the Trust Berger Paints Provident Fund
 (Covered) as per the provisions of the Employees'' Provident Funds
 and Miscellaneous Provisions Act, 1952. The Rules for such a Trust
 provide that in a provident fund set up by the employer, being exempt
 under Section 17(1) of the said Act, any shortfall in the rate of
 interest on contributions as compared to the rate approved by the
 government for the Employees'' Provident Fund administered by the
 Regional Provident Fund Commissioner is to be met by the employer. Such
 a provident fund would in effect be a defined benefit plan in
 accordance with the requirement of AS 15, Employee Benefits (Revised
 2005).
 
 The actuarial valuation conducted (as per the Guidance Note issued by
 the Actuarial Society of India during the year) indicate that there is
 no shortfall as on 31st March, 2012 based on the following assumptions:
 
 2.  SEGMENT INFORMATION
 
 The Company has only one business segment, namely Paints with almost
 the entire sales being made in the domestic market.
 
 3.  LEASES
 
 The Company''s leasing arrangement are in the nature of operating
 leases which are not non cancellable. These are usually renewed
 periodically by mutual consent. The rentals payable against these
 arrangements appear under the head Rent in Note 28 to the Statement of
 Profit and Loss - Rs 0 (2010-11: Rs 0)*.
 
 * Refer Note 47
 
 4.  PREVIOUS YEAR COMPARATIVES
 
 The financial statements for the year 31st March, 2011 had been
 prepared as per pre-revised Schedule VI to the Companies Act, 1956
 applicable for the year. The financial statements for year ended 31st
 March, 2012, however, have been prepared as per Revised Schedule VI
 notified under the Companies Act, 1956 applicable for financial
 statements prepared for the financial year commencing April 1, 2011.
 Accordingly, the previous year''s figures have been regrouped and
 reclassified to confirm to current year''s classification.
 
 5.  All figures are in Rs Million. Figures marked with asterisks (*)
 are below the rounding off norm adopted by the Company.