1.  Under the Micro, Small and Medium Enterprises Development Act,
 2006, certain disclosures are required to be made relating to Micro,
 Small and Medium Enterprises. The company is in the process of
 compiling relevant information from its suppliers about their coverage
 under the said Act. Since the relevant information is not readily
 available, no disclosure has been made in the accounts. However, in
 view of the management, the impact of interest, if any, that can be
 payable in accordance with the provisions of this act is not expected
 to be material.
 
 2.  In the opinion of the management and to the best of their knowledge
 and belief, the value on realisation of loans and advances and other
 current assets, in the ordinary course of business, will not be less
 than the amount at which they are stated in the Balance Sheet.
 
 3.  Balance of Sundry Debtors, Sundry Creditors, and Loans & Advances
 are subject to Conformation.
 
 4.  Considering the deductions and exemptions available as per the
 provisions of Income Tax Act, 1961 a provision of Rs. 120000/-(PY
 Rs.100000/-) made in the accounts towards current income tax for the
 year..
 
 5.  Provision for Deferred Tax Asset- The Provision for Deferred Tax
 Liability for the Current Year works out to Rs. 56791/- Net Deferred
 Tax Balances of Rs. 137313/- has been shown in Balance Sheet as per
 Accounting Standard -22 Accounting for Taxation of Income issued
 by the Institute of Chartered Accountants of India.
 
 6.  Of the total creditors, amount due to Small Scale Industrial
 Undertaking can not be segregated pursuant to the Notification issued
 by the Department of Company Affairs, as the necessary information
 regarding suppliers status is not available with the company.
 
 7.  Previous years figures have been regrouped and rearranged wherever
 necessary. A monetary value at all places, except where other-wise
 stated, are in terms of rupees.
 
 I Associate Entities : NIL
 
 II Relations of Key Management Personnel: NIL
 
 a) Managerial Remuneration under Section 198 of the Companies Act, 1956
 
 Note:- The company has identified three reportable segments viz.
 Trading, Derivatives Share Transactions and Others have been identified
 and reported taking into account nature of products and services, the
 differing risks and returns internal business reporting systems.
 
 8.  The Company has advances certain amount to Various Party. Such
 advances are outstanding sinces 3 to 4 years on which interest has not
 been charged.