1) Estimated amount of contracts remaining to be executed on capital
 account not provided for Rs. 42701 Lakhs (Rs.30938 Lakhs)
 
 2) a) Salaries, Wages, PF£ ESI allocated to other heads Rs.438
 Lakhs(Rs.405 Lakhs).
 
 b) Power allocated to other heads Rs.302 Lakhs(Rs.148 Lakhs)
 
 c) Stores &Spares allocated to other heads Rs. 1069 Lakhs (Rs. 139
 Lakhs)
 
 3) Contingent Liabilities not provided for
 
 a) Letter of Credit given by BankersRs.1355 Lakhs (Rs.257 Lakhs)
 
 b) Guarantees given by the Banks Rs.8o8 Lakhs(Rs.102 Lakhs) c)Disputed
 amount of VAT credit of Rs.472 Lakhs(Rs.3i5 Lakhs)
 
 d) Disputed Royalty on Limestone Rs.547 Lakhs (Rs. 547 Lakhs)
 
 e) Disputed Lease Rent on Government Lands Rs. 74 Lakhs (Rs.74 lakhs) 0
 
 f) Disputed Income tax of Rs. 1082 lakhs (Nil)
 
 4) Buildings include ownership Flatat Mumbai and value of shares in 
 Bombay MiddleClass Co-operative Housing Society Ltd., in the name of 
 the representative of the Company.
 
 6) There are no Micro, Small and Medium enterprises as defined in the
 Micro, Small and Medium
 Enterprises Development Act, 2006 to whom the company owes dues on
 account of Principal amount together with Interest. The above
 information has been determined to the extent such parties have been
 identified on the basis of information available with the company and
 the same has been relied by the Auditors.
 
 7) The Sundry Creditors includes Rs.452Lakhs (Rs.575Lakhs)due to
 Managing Director being the balance remuneration for the year 2010-11
 
 8) The Company did not use jute bags in packing cement as per Jute
 Packaging Materials (Compulsory use in the Packing Commodities) Act
 1987 in view of the Consumer''s preference and resistance from workers
 who are handling the packing materials. The Supreme Court upheld the
 validity of the said Act.  The Government did not include cement for
 compulsory packaging in Jute Bags from 1st July 1997. The Liability
 that may arise for non compliance of the said Act for the earlier
 period is not ascertainable.
 
 9) Power & Fuel is net of Captive Power Plant Income of Rs.20660
 Lakhs(Rs.18680 Lakhs)
 
 10) The Company identifies business segment as the primary segment as
 per AS-17 and under the primary segment, there are two reportable
 segment viz., cement and power generation. These were identified
 considering the nature of the products, differing riskand returns.
 
 The company caters mainly to the needs of the domestic market and thus
 there are no reportable geographical segments.
 
 11) Employee Benefits : Details as per As 15.
 
 The company has calculated the various employee benefits provided to
 employees as under: 
 A) Employee Plan
    Provident Fund
    The company''s contribution to Provident Fund is vested with the
    Employees Provident
 
 Fund Scheme of the Government of India.
 
 A) Names of related parties and description of relationship and closing
 balance.
 
 i) Name of Associate *
 
 1.South India Corporation Ltd.
 2.South India Corporation (Travancore) Private Ltd.
 3.Chettinad Corporation Private Ltd.
 4.Chettinad Plantations Private Ltd.
 5.Chettinad Structural & Engineering Ltd
 6.Chettinad Logistics Private Ltd.
 7.Chettinad Lignite Transport Services Private Ltd
 8.Chettinad Financial Management Services Private Ltd.
 9.Chettinad Software Services Private Ltd.
 10.Chettinad Builders Private Ltd.
 11.Chettinad Realtors Private Ltd
 12.Chettinad Hospitals Private Ltd
 13.Chettinad Pharmaceuticals Private Ltd
 14.Chettinad Electronics Private Ltd
 15.Chettinad e-Publishing Private Ltd
 16.Chettinad Trucks & Equipments Private Ltd
 17.Chettinad Earth Movers Private Ltd
 18.Haaciendaa Infotech and Realtors Private Ltd.
 19.Chettinad International Coal Terminal Private Ltd.
 20.Chettinad Clearing & Forwarding Private Ltd
 21.Chettinad Land & Building Development Private Ltd.
 22.Chettinad Projects Development Private Ltd
 23.Chennai Computer and Software Services Private Ltd
 24.Chettinad Inland Water Transport Services Private Ltd
 25.Chennai Organic Chemicals and Fertilizers Private Ltd
 26.Chettinad Morimura Semi Conductor Material Private Ltd
 27.Chettinad Engineering and Allied Services Private Ltd
 28.Chettinad Apparels Private Ltd
 29.Chettinad Packers and Movers Private Ltd
 30.Chettinad Power Corporation Private Ltd 31- Chettinad TV Network
    Private Ltd
 32.Chettinad Radio Network Private Ltd
 33.Durandel Foods Pvt.Ltd
 34.Chettinad Container Terminal Private Ltd
 35.Chettinad Energy Resource Private Ltd
 36.Chettinad Electric Company Private Ltd
 37.Chettinad Enerprises Private Ltd
 38.Chettinad Dairy & Poultry Farms Private Ltd
 39.Chettinad Coal Washeries Private Ltd
 40.Chettinad Hitech Semi Conductor Materials Private Ltd
 
 ii) Closing Balance Cr.Rs. 28204 Lakhs (Cr. Rs. 20487 Lakhs)
 
 iii) The related party relationship is as identified by the Company and
 relied upon by the Auditors.
 
 B) Key Management Personnel : Dr. M.A.M. Ramaswamy £r Sri M.A.M.R.
 Muthiah.
 
 Sitting fees of Rs. 6000/- (Rs. 12000/-) paid to Dr. M.A.M. Ramaswamy,
 Chairman.
 
 Remuneration and sitting fees of Rs.500.93 Lakhs (Rs.623.54 Lakhs) paid
 to Sri M.A.M.R. Muthiah, Managing Director.
 
 12) Research and Development Expenditure for the year is Rs. 55 Lakhs
 (Rs. 55 Lakhs) including Depreciation of Rs.0.34 Lakhs (Rs. 0.38 Lakhs)
 
 13) The CENVAT credit disallowance on some of the inputs, capital
 goods, service tax on goods transports and levy of differential excise
 duty, amounts to Rs. 3069 Lakhs as on 31.3.2011 (Rs. 4979 Lakhs) and
 remain unpaid against which the company has preferred appeals. Based on
 the earlier favourable decisions on similar issues by the Appellate
 Authorities, in the opinion of the management, there may not be any
 liability.
 
 14) Disclosure as required by Accounting Standard 19, Leases
 prescribed by the Companies (Accounting Standard) Rules, 2006 are given
 below:
 
 a.Where the Company is a lessee
 
 i) The Company has taken various residential, office, and godown
 premises under operating lease or leave & licence agreements. These are
 generally not non-cancellable and the period of lease is 11 months and
 longer and are renewable by mutual consent on mutually agreeable terms.
 
 ii) Lease payments are recognised in the statement of Profit and Loss
 Account under Rent*
 
 b.Where the Company is a lessor:
 
 Details in respect of assets given on operating lease.  
 
 Particulars  Gross Block    Accumulated       Depreciation
              as at
              31.03.2011     Depreciation      (Corresponding to the
              (Rs.in Lakhs)  As at 31.03.2011  period of lease 
                             (Rs.in Lakhs)     rentals(Rs.in Lakhs)
 Freehold 
 Building     130            21                0.01
 
 
 These assets are in respect of premises given on lease for an initial
 period with option to renew the lease as per terms in the agreements.
 
 Initial direct costs are recognised as expenses in the year in which it
 is incurred.
 
 15) The company has filed writ petitions challenging the validity of
 levy of Fringe Benefit Tax before the High Court of Madras. Interim
 stay has been obtained. However as an abundant caution, provision has
 been made for the above.
 
 16) Confirmations of balances have been sought and obtained from
 Parties covering substantial amount of outstanding and wherever
 applicable necessary adjustments have been made in the Accounts. In
 respect of other Parties, the balances as appearing in the books of
 accounts have been adopted.
 
 17) There is no impairment of assets as per Accounting Standard 28.
 
 18) The Company has been granted eligibility certificate whereby the
 company is entitled to the benefit of Interest free sal''es tax deferral
 scheme for manufacturing cement for 12 years ending March, 2013 for
 deferral of sales tax not exceeding Rs. 21477.84 Lakhs. The company has
 availed the entire benefit as on 31.03.2010.  Such sales tax deferral
 has to be repaid in stipulated instalments commencing from Financial
 Year 2014-15.
 
 19) The company has availed Soft Loan Financial Assistance of Rs. 1757
 lakhs from State Industrial Promotion Corporation of Tamilnadu Limited
 (SIPCOT) under the Structured Incentive Package for its Ariyalur Cement
 Project, sa nctioned by the Government of Tamilnadu under The New
 Industrial Policy, 2007.
 
 20) During the year a loss of Rs. Nil (Previous year Rs. 20 lakhs)
 arising out of exchange difference on translation of Foreign Currency
 loans availed for acquisition of Fixed Assets has been capitalised as
 per the option provided under AS-11 of Companies (Accounting Standard)
 Rules, 2006.
 
 21) During the year, the company has depleted the value of freehold
 quarry lands by providing depreciation of Rs. 612.13 lakhs upto
 31.3.2011. There is a change in the accounting policy which has
 resulted a reduction in profit to the extent of Rs. 612.13 lakhs which
 includes an amount of Rs. 460.32 lakhs pertaining to earlier years.
 
 22) During the year the company has discontinued the superannuation
 scheme and has not made any contribution to the said scheme. There is a
 change in the accounting policy; however there is no impact in the
 profit and loss account, since the amount equal to the contribution to
 the superannuation fund is given as part of remuneration.
 
 23) Previous yeares figures have been regrouped wherever necessary and
 figures in brackets, unless ot herwise mentioned, relate to previous
 year.