1 Corporate information
 
 M/s.CIL Securities Limited Incorporated in the year 1989.CIL today is a
 diversified Financial Company and are member of the National Stock
 Exchange of India Ltd and the Bombay Stock Exchange Ltd besides member
 of MCX, NSEL and NCDEX Exchange through Group Company providing
 services in Capital Market, F&O, Currency, Mutual Fund and Commodities
 Segment. CIL is also a Merchant Banker, Registrar and Share Transfer
 Agent and Depository Participant.CIL is maintaining a flawless trading
 and accounting system and real time information is being disseminated
 on the website of the company www.cilsecurities.com. At CIL, we adopt
 the latest technology in business and are constantly updating our self
 to be with time and technology is being harvested to its utmost
 advantage and to provide quality and cost effective service.A spectrum
 of diversified activity is being provided by qualified and experienced
 manpower deployed at CIL.CIL has a track record of paying continuous
 Dividend and is a Listed Company on the Bombay Stock Exchange.
 
 2.1 Contingent liabilities and commitments (to the extent not provided
 for)
 
 (i) Contingent liabilities
 
 (a) Claims against the Company not acknowledged as debt 2.35 LACS 4.60
 LACS
 
 (b) Guarantees 745 LACS 1100 LACS
 
 (c) Other money for which the Company is contingently liable NIL NIL
 
 (d) These are disclosed by way of notes to the Balance Sheet. Provision
 is made in the accounts in respect in those liabilities whichare
 likely to materialise after the period end, till finalisation of
 Accounts and have material effect on the position stated in the Balance
 Sheet at the period end.
 
 2.2 Employee benefit plans
 
 Defined contribution plans
 
 The Company makes Provident Fund contribution for qualifying employees.
 Under the Schemes, the Company is required to contribute a specified
 percentage of the payroll costs to fund the benefits. The Company
 recognised Rs.79430/- (Year ended 31 March, 2012) for Provident Fund
 contributions and Rs.85149/- (Year ended 31 March, 2011) for
 contributions in the Statement of Profit and Loss. The contributions
 payable to these plans by the Company are at the rates specified in the
 rules of the schemes.
 
 2.3 Fixed deposits, Securities, and Office Buildings have been
 assigned towards collateral/margin deposit to bank against guarantees
 issued by them followed by personal guarantee given by Promoter
 Directors.
 
 2.4 Balances of Sundry Debtors and Sundry Creditors are subject to
 confirmation.
 
 2.5 There are no amounts payable to small-scale industrial
 undertaking as at the balance sheet date. This disclosure is based on
 the information available with the Company. The Company has not
 received any intimation from its vendors regarding their status under
 Micro, Small and Medium Enterprises Development Act, 2006 and hence
 disclosures, if any.required under the said Act have not been made.
 
 2.6 Previous Year figures have been regrouped / rearranged wherever
 considered necessary.