A.  NATURE OF OPERATION :
 
 The Company offers vide range of CATV products to cable operators and
 broadcasters, CATV/ SMATV and energy saving equipments to hotels and
 security solutions to hotels, shopping malls and big commercial
 centers.
 
 1.  Contingent Liabilities :
 
                                              As At             As At
                                            31.03.2011        31.03.2010
                                                 (Rs)              (Rs)
 
 i)     Unexpired Bank Guarantee            4,294,074          2,616,521
 
 ii)    Claim against the company not 
 acknowledged as debits                     5,850,053          5,850,053
 
 iii)   Unexpired Letter of Credits         1,599,900          1,025,355
 
 iv)   Estimated amount of capital 
 contracts remaining to be                       —                 —
 executed and not provided for.
 
 Note : Based on the favorable decisions in similar cases/legal opinions
 taken by the company/discussions with its legal advisors etc. the
 Company believes that it has good cases in respect of the item no. (ii)
 and hence no provision there against is considered necessary.
 
 2.  Employees Benefit :
 
 a) The Company has adopted the revised Accounting Standard (AS) 15,
 ''Employee Benefits'' issued by the Institute of Chartered Accountants of
 India w.e.f. 1st April 2007.
 
 b) Contribution to Provident Fund : Amount of Rs 1655238/- (Previous
 year Rs 1610050/-) is recognised as an expense and included in Employees
 Remuneration and benefits (Refer Schedule 15) in the Profit & Loss
 account for the year ended 31st March 2011.
 
 3. The Company has initiated the process of obtaining confirmation from
 suppliers who have registered themselves under Micro and Small Medium
 Enterprises Development Act. 2006 (MSMED Act, 2006). Based on the
 information available with the Company, the balance due Micro and Small
 Medium Enterprises as defined under the MSMSED Act, 2006 is Nil.
 Further no interest during the year has been paid or payable under the
 terms of the MSMED Act.  2006 4. Some of the customers and suppliers
 accounts are pending confirmation/reconciliation and the same have been
 taken as the balances appearing in the books. Any differences arising
 on account of such reconciliation, which are not likely to be material,
 will be accounted for as and when these reconciliations are completed.
 
 4.  Related Party Disclosure :
 
 As per Accounting Standard (AS- 18) issued by the Institute of
 Chartered Accountants of India, information in terms of the said
 Standard, are disclosed below :
 
 i.  The Company does not have any related party transaction, where
 control exists.
 
 ii.  Related Parties with whome transactions have taken place during
 the year ended 31st March, 2010 :
 
 a) Key Managerial Personnel :
 
 Mr. S. A. Abbas
 
 Mr. Sudhir Damodaran
 
 b) Relatives of Key Managerial Personnel :
 
 Mrs. Hina Abbas Mrs. A.C. Damodaran
 
 5.  In the opinion of the Board of Directors, Current Assets, Loans and
 Advances are approximately of the value stated, if realised in the
 ordinary course of business.
 
 Notes: The above figures do not include provision for gratuity as
 separate actuarial valuation is not available for whole time directors.
 
 6. Segment Reporting Policies:
 
 a) Primary Segment: Based on the guiding principle given in the
 Accounting Standard - 17 Segment Reporting issued by the Institute of
 Chartered Accountants of India, the Company has identified two business
 segments as primary segments. The reportable business segments are
 Products and Operations & Services. These segments have been
 identified considering the nature of the products and the internal
 financial reporting systems.  Revenue and expenses have been accounted
 for based on the basis of their relationship to the operating
 activities of the segments.
 
 Revenue and expenses, which relate to the enterprise as whole and are
 not allocable to segments on a reasonable basis, have been included
 under Unallocable Revenue and Expenses. Assets and Liabilities, which
 relate to the enterprise as a whole and are not allocable to segments
 on a reasonable basis, have been included under Unallowable
 Assets/Liabilities.
 
 * Including value of exports made to Nepal
 
 Note: The quantities are material and components that has been used for
 Captive Consumption for rendering/ delivering services to
 Telecommunications Consultants India Ltd for Common Wealth Games, 2010
 are included under the respective categories of items.
 
 7.  Figures of the previous year have been regrouped/ reclassified
 wherever necessary.
 
 8.  The figures have been rounded off to the nearest Rupee.