1 Contingent Liabilities:
 
 As on Balance sheet date existing contingent liablities are Bank
 Guarantees including Corporate Guarantees Rs. 10,818.80 lakhs (Previous
 Year: Rs. 4,112.53 lakhs); disputed taxes/ duties Rs. 2,973.87 lakhs
 (Previous Year: Rs. 31.76 lakhs) aggreegating to Rs. 13,792.67 lakhs
 (Previous Year: Rs. 4,144.29 lakhs)
 
 2 Loans, Advances & Debtors:
 
 Loans, advances and debtors as stated in the Balance Sheet are, in the
 opinion of the Management, realizable in the ordinary course of
 business.
 
 3 Secured Loans:
 
 i) The Term Loans, including the Rs. 25 Crores availed during the year,
 are secured by Paripassu Charge on all the Fixed Assets of the Company
 by way of deposit of title deeds in respect of Factory and Land
 admeasuring Acr.19.3475 Cents situated at Duggirala Mandal, Guntur
 District. The said facility is further secured by way of second charge
 on the current assets of the company both present and future. The Term
 Loans availed by the company are also secured by the personal guarantee
 of the Chairman & Managing Director.
 
 ii) Working Capital Facilities by State Bank of India, State Bank of
 Hyderabad and ICICI Bank Limited under consortium are secured by way of
 first paripassu charge on Hypothecation of stocks of raw materials,
 semi finished, finished goods, consumables, stores, book debts and such
 movable assets present and future and second charge on all fixed assets
 of the Company.
 
 4 As per the Certificate given by the Management, there is no delay in
 making payments to Micro, Small and Medium Enterprises attracting the
 provisions of the Micro, Small and Medium Enterprises Development Act,
 2006.
 
 5 Disclosure as per AS 15:
 
 a) Gratuity:
 
 The Company has covered its gratuity liability by a Group Gratuity
 Scheme issued by LIC of India.  Under the plan the eligible employees
 are entitled to Gratuity under a defined benefit plan.
 
 b) Leave Encashment:
 
 The Company has made provision for leave encashment of Rs. 4,22,558/-
 based on actuarial valuation. Since actuarial valuation is done first
 time, previous year figures are not given.
 
 6.  Quantitative & Other Information:
 
 F) Details required under Clause C of Para 4D in Part II of Schedule VI
 pertaining to percentage and value of Imported Raw Materials, Spare
 Parts and components has not been provided as this information is
 confidential and market sensitive.
 
 7. Segment Reporting:
 
 Based on the guiding principles given in Accounting Standard on Segment
 Reporting (AS-17) issued by the Institute of Chartered Accountants of
 India the Company''s primary business segment is Instant Coffee.  
 
 Segment accounting policies:
 
 In addition to the significant accounting policies applicable to the
 business segment as set out in Note 1- Schedule 14 of the Notes to the
 Accounts, the accounting policies in relation to segment accounting are
 as under:
 
 a. Segment revenue and expenses:
 
 Segment revenue and expense are directly attributable to the segment.
 Segment revenue and expense do not include interest income on
 inter-corporate deposits, profit on sale of investments, interest
 expense, provision for contingencies and income tax.
 
 b. Segment assets and liabilities:
 
 All segment assets and liabilities are directly attributable to the
 segment.
 
 Segment assets include all operating assets used by the segment and
 consist principally of fixed assets, inventories, sundry debtors, loans
 and advances and operating cash and bank balances. Segment assets and
 liabilities do not include investments, inter corporate deposits,
 reserves and surplus, borrowings, provision for contingencies and
 income tax (both current and deferred)
 
 8 Reporting on related parties : In accordance with the Accounting
 standard 18, Name of related Parties and description of relationship is
 as under:
 
 1 Key Management Personnel  Mr. Challa Rajendra Prasad, Chairman &
                             Managing Director
 
                             Mr. Challa Srishant, Executive Director
 
 2 Relative of 
 Key Management Personnel    Mrs. Challa Shantha Prasad -
                             (Spouse of Mr. Challa Rajendra Prasad
                             C.M.D.)
 
                             Ms. Challa Soumya - (Daughter of 
                             Mr. Challa Rajendra Prasad C.M.D.)
 
 3 Subsidiaries              M/s. Jayanti Re Ltd., Singapore
                             (Subsidiary of CCL Products (India) 
                             Limited - India) 
 
                             M/s. Grandsaugreen SA, Switzerland 
                             (Subsidiary of Jayanti Pte. Ltd., 
                             Singapore) 
 
                             M/s. Ngon Coffee Company, Vietnam
                             (Subsidiary of Jayanti Pte. Ltd.,
                             Singapore)
 
 Note:
 
 1.  Figures in brackets indicate corresponding previous year figures.
 
 2.  During the year the Company has made disinvestment of shares in
 M/s.Associated Coffee Merchants (International) Limited - UK. Hence,
 transactions upto the date of disinvestment is disclosed.
 
 9 Previous Year''s figures are regrouped/rearranged/recasted wherever
 considered necessary to conform the current year figures