1a The company has not allotted any equity shares for consideration
 other than cash, bonus shares, nor have any shares been bought back
 during the period of five years immediately preceding the Balance sheet
 date.
 
 1b Rights, preferences and restrictions attached to the shares
 
 The Company has only one class of equity share having a par value of
 Rs. 10/- per share. Each shareholder has the following voting rights
 (i) On a show of hands: one vote for a member present in person and
 (ii) On a poll: one vote for each equity share registered in the name
 of the member or held by the beneficial owner. The dividend proposed by
 the Board of Directors is subject to the approval of the shareholders
 in the ensuing annual general meeting, except in case of interim
 dividend. In the event of winding up, the liquidator may, with the
 sanction of a special resolution of the company and any other sanction
 required by the Act, divide amongst the members, in specie or kind, the
 whole or any part of the assets of the company, whether they shall
 consist of property of the same kind or not.
 
 (i) Gratuity is administered through duly constituted and approved
 independent trusts and also through Group gratuity scheme with Life
 Insurance Corporation of India
 
 (ii) Future salary increases considered in actuarial valuation take
 into account inflation, seniority, promotion and other relevant
 factors, such as supply and demand in the employment market
 
 (iii) Basis used to determine expected rate of return on plan assets :
 
 The expected rate of return on plan assets is based on market
 expectation at the beginning of the year for returns over the entire
 life of the related obligation.
 
 (vi) Accounting standard 15 Employee Benefits requires the
 disclosure of experience adjustments for past four years, however, the
 information is given only for the current and previous three year.
 
 2 RELATED PARTY DISCLOSURES AS REQUIRED BY AS-18 RELATED PARTY
 DISCLOSURES ARE GIVEN BELOW :-
 
 (a) Holding company:
 
 EBITO Chemiebeteiligungen AG, Clariant International AG and Clariant
 Participations AG, together hold 63.40% equity shares in the Company,
 the ultimate holding company being Clariant AG, Switzerland.
 
 (b) Subsidiary of the Company:
 
 The Company had a subsidiary Chemtreat Composites India Pvt. Ltd. -100%
 shareholding (upto 02.10.2011)
 
 3      SEGMENT INFORMATION :
 
 (As required by Accounting Standard (AS) -17 Segment Reporting) :
 
 (a) The Company is organised into two primary business segments mainly:
 
 (i) Pigments and Colors :
 
 Includes pigment, pigment preparations, additives and masterbatches.
 
 (ii) Dyes and Specialty Chemicals :
 
 Includes dyestuff, synthetic resins, binder materials, functional
 effects and coating, auxiliaries and chemicals. (See Note 41)
 
 (b) The secondary segments of the Company are geographical segments
 mainly:
 
 (i) India
 
 (ii) Outside India
 
 (c) Segments have been identified and reported taking into account the
 nature of products and services, the differing risk and returns, the
 organisation structure and the internal financial reporting system.
 
 (d) (i) Segment revenue and results :
 
 Segment revenue and expenses are directly attributable to segment. It
 does not include interest income, interest expense and income tax. The
 expenses which are not directly attributable to the business segment
 are shown as unallocated corporate cost.
 
 (ii) Segment assets and liabilities:
 
 Segment assets include all operating assets used by the business
 segment and consist principally of fixed assets, trade receivable and
 inventories. Segment liabilities primarily include trade payables and
 other current and non-current liabilities.
 
 Assets and liabilities that cannot be allocated among the segments are
 shown as a part of unallocable corporate assets and liabilities
 respectively.
 
 4 Clariant AG Switzerland, the ultimate Holding Company (Clariant) has
 announced that USA based SK Capital has agreed to purchase the business
 units textile chemicals, paper specialties and business line emulsions
 from Clariant and that this will include the transfer of the whole R&D,
 applications, sales and marketing organisation along with production
 plants and sites worldwide.
 
 Clariant Chemicals (India) Ltd. has production facilities for
 manufacture of textile chemicals and produces paper specialties and
 emulsion products at its Roha plant. These businesses are included in
 the Dyes and Specialty segment. The decision to sell the businesses
 including a manufacturing plant for textile products situated at Roha
 and other assets dedicated to the businesses under divestment will be
 considered by the Board and approval of shareholders will be sought at
 appropriate time in accordance with the requirements of the Companies
 Act, 1956.
 
 5 The Revised Schedule VI has become effective from April 01, 2011 for
 the preparation of financial statements. This has significantly
 impacted the disclosure and presentation made in the financial
 statements. Figures for the previous year have been
 regrouped/reclassified wherever necessary to correspond with the
 current year''s classification/disclosure.