Corporate Information
 
 Betex India Limited is a Public Limited Listed Company domiciled in
 India and Incorporated under the provisions of the Companies Act, 1956.
 The Company is engaged in the business of Processing of Art Silk Cloth
 on job work basis and Power generation through Wind Mill.
 
 1.1 CONTINGENT LIABILITIES (AS-29):
 
 Contingent Liabilities (Not provided for) in respect
 of:-
 
 PARTICULARS :                                As On         As On
 
                                          31/03/2012      31/03/2011
 
 Central Excise & Custorms Liabilities     2,213,789       2,213,789
 
 TOTAL                                     2,213,789       2,213,789
 
 1.2 SEGMENT REPORTING (AS-17)
 
 The requirnment of Segment reporting is not applicable to the Company
 both in respect of Geographies
 
 Segment and Product wise Segment.
 
 1.3 In the absence of necessary information with the company relaing
 to the status of the supplier under Micro Small, and Medium Enterprises
 Act, 2006, the information could not be compiled.
 
 1.4 Estimated amount of contracts remained to be executed not provided
 for: NIL, Advance paid : NIL
 
 1.5 In the opinion of the Board of directors of the Company, the
 current assets, Loans, advance and deposits ar« approximately of the
 value stated in the accounts if realized, in the ordinary course of
 Business, unless otherwise stated.
 
 1.6 The provision of all known liabilities are adequate and not in
 excess of the amount reasonably necessary.
 
 1.7 The Amount of Loans & Advances encludes Rs. 317.67 Lacs (P.Y.
 Rs.305.31 Lacs)due frorr Firm/Companies/lndividuals in which directors
 of the company are interested.
 
 1.8 No Balance confirmation letters have been sent to Sunday debtors,
 creditors Loans & Advances unsecured Loan etc. Hence the said balance
 remains unconfirmed.
 
 1.9 No employees was in receipt of remuneration aggregating to Rs.
 24,00,000/- p.a. or Rs. 2,00,000/- or more per month for the part of
 the year. Previous year also there was no such employees.
 
 1.10 We have verified the vouchers and documentary evidences, wherever
 made available. Where no documentary evidences were available, We have
 relied on the authentication given by the management.
 
 1.11 The Quantity of closing stock of Raw Materials, Finished Goods
 etc. as shown in the Balance Sheet has been physically verified by the
 management and has been certified as true and correct. We have totally
 relied upon the quantitative statements of stock as provided by the
 management''s. The value of closing stock is also taken as certified by
 the management.
 
 1.12 The Revised Schedule VI has become effective from 1 April, 2011
 for the preparation of financial statements.  This has significantly
 impacted the disclosure and presentation made in the financial
 statements. Previous year''s figures have been regrouped / reclassified
 wherever necessary to correspond with the current year''s classification
 / disclosure.
 
 1.13 The figures are rounded off to nearest rupee wherever
 necessary.