1. The Company is engaged in the Information Technology Solutions
 Services, which cannot be expressed in any generic unit. Hence it is
 not possible to give quantitative details of sales and certain
 information as required under paragraphs 3,4C and 4D of part II of
 Schedule VI to the Companies Act, 1956.
 
 2.  Expenditure in Foreign Currency: Nil (Previous Year Nil)
 
 3.  In the opinion of the management, Current Assets, Loans and
 advances are realizable at the values represented in accounts.
 
 4.  The balance of Sundry Debtors, Creditor, Loans and advances,
 Deposits, etc are subject to confirmation.
 
 5.  As per the information available with the Company, there are no
 small- scale industrial undertakings to whom an amount of Rupees one
 lakh or more was outstanding for more than 30 days.
 
 6.  Related Party Disclosures :
 
 A. Particulars of Related parties :
 
 Sr. No.  Name of Related Party Nature of Relationship
 
 I IT People Pvt. Ltd.  Associate Company - Share Holding
 
 II Mr. Ketan Sheth Key Managerial Person
 
 III Subsidiaries As under
 
 IT Capital Services Pvt. Ltd.  Wholly Owned Subsidiary
 
 Universal Commodity Exchange Subsidiary
 
 Orient Information Technology FZ LLC Wholly Owned Subsidiary
 
 Orient Information Technology INC Wholly Owned Subsidiary
 
 Orient Infotech Limited UK Wholly Owned Subsidiary
 
 Information Technology People WLL Wholly Owned Subsidiary