(a) Terms / Rights attached to Equity Shares.
 
 i) The Company has only one class of Equity Shares having a par value
 of Rs. 1/- per share. Each holder of Equity Share is entitled to one vote
 per share.
 
 ii) The Company declares and pays dividend in Indian Rupees. The
 dividend proposed by the Board of Directors is subject to approval of
 the Shareholders in the ensuring Annual General Meeting.
 
 iii) During the year ended 31st March 2012, amount of Dividend
 recognized as distributions to Equity Shareholders was Rs.
 63,98,762/-(31st March, 2011 was Rs. 63,98,762/-).
 
 iv) In the event of liquidation of the Company, the holders of Equity
 shares will be entitled to receive remaining assets of the Company,
 after distribution of all preferential amounts. The distribution will
 be in proportion to the number of Equity shares held by the
 shareholders.
 
 Note 1 - Amounts due to Micro, Small and Medium Enterprises:
 
 Under the Micro, Small and Medium Enterprises Development Act, 2006
 certain disclosures are required to be made related to micro, small and
 medium enterprise. The company does not have any transactions with such
 entities.
 
 Note 2-Previous year figures
 
 The figures of the previous year have been re-arranged, re-grouped and
 re- classified wherever necessary.
 
 3.  Contingent liabilities & Commitments:
 
  Particulars                                     2011-12      2010-11
                                                    (Rs.)       (Rs.)
 
 
 Claims against the Company / Disputed 
 Liabilities, not acknowledged as Debt          22,52,550    22,52,550
 
 Bank Guarantee provided by Union Bank 
 of India on behalf of Company in favor
 
 of Bombay Stock Exchange Limited in 
 lieu of Security Deposit to Bombay
 Stock                                             Nil       31,99,380 
 Exchange Limited
 
 4.  Profit / loss from F&O and Non Delivery transactions are accounted
 for on net of brokerage paid.
 
 5.  Advances recoverable in cash or in kind or for value to be
 received in respect of which company is fully secured includes:-
 
 6.  Balances of the Sundry Debtors, Loans and Advances and Sundry
 Creditors are subject to confirmation and resultant reconciliation, if
 any.
 
 7.  There are no dues to Micro and Small Enterprises as at 31st March,
 2012. This information as required to be disclosed under the Micro,
 Small and Medium Enterprises Development Act, 2006 has been determined
 to the extent such parties have been identified on the basis of
 information available with the company.
 
 8.  In accordance with Accounting standard ''AS-18'' relating to Related
 Party Disclosures, information pertinent to related party transaction
 is given as under:-
 
 Parties Where Control Exists: Nil
 
 Parties with whom transaction have taken place.
 
 A) The accounting policies adopted for segment reporting are in line
 with the accounting policies used in the preparation of financial
 statements.
 
 B) Segment Assets includes all operating assets used by the segment and
 consist primarily of debtors, inventories and fixed assets. Segment
 liabilities include all operating liabilities and consist primarily of
 deposits from customers, creditors and statutory liabilities.
 
 9.  Rights Issue and Utilization of Proceeds:
 
 During the financial year 2010-11, Company had issued 15,99,69,040
 Equity Shares of face value of Rs. 1/- at an issue price of Rs. 4/- per
 Equity Share by way of Rights Issue making total subscribed, issued and
 paid up equity share capital to Rs. 31,99,38,080 /- divided into
 31,99,38,080 equity shares of Rs. 1/- each.
 
 Utilization of Proceeds of Rights Issue:
 
 The Company had utilized to the tune of Rs. 4413.72 lacs during the
 fiscal 2011 and balance has been utilized in the fiscal 2012. The
 statement of projected utilization of the Rights Issue proceeds as per
 Letter of Offer dated 27th May 2010 against actual utilization as on
 31st March, 2011 and as of 31st March 2012 is as follows:
 
 10.  The Previous year''s figures have been regrouped / rearranged /
 reclassified wherever necessary. Amount and other disclosures for the
 preceding financial year are included as an integral part of current
 year''s financial statements.