NOTENO.1
 
 Company is located at Sy.No.142A, IDABollaram, (Via) Miyapur, Jinnaiam
 Mandal, Medak District, A.P-502 325. It is manufacturing PP/HDPE Woven
 Sacks
 
 2.1 Rights, Preferences and restrictions attached to equity shares
 
 The Company has only one class of shares referred to as equity shares
 having a par value of Rs.10 per share. Each holder of equity shares is
 entitled to one vote per share.
 
 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.
 
 2.2 Loans from related parties are repayable on demand and are subject
 to confirmation
 
 2.3 The Govt.of Andhra Pradesh vide GO.No sl08 & 1341 & C (IP)
 Department,dated 20.06.1996 and 01.07.1996 has allowed the company to 
 defer the sales tax payments for a period of Fourteen years from 
 01.07.1997 on expanded capacity (i.e. beyond base production of 
 898.40 MTPA) subject to a maximum exemption of Rs. 3,79,55,720/-. The 
 Company has not availed sale tax deferment during the year 2011-12 as 
 the scheme has ended on 30.06.2011, (amount availed in previous year 
 Rs.31,27,067/-) and such deferment is cumulatively Rs.2,74,10,681 /- 
 for 2011 -12 (upto previous year Rs.2,74,10,681 /-) as per VAT 
 returns filed by company.
 
 3.1 In view of the uncertainity of the company making profits under the
 head Income from Business (Section 28 to 43) to enable the company to
 avail the credit within the prescribed time of Minimum Alternative Tax
 paid on the book profits, no credit is accounted with respect to MAT
 credit entitlement.
 
 4.1 The Company has not received any intimation from ''suppliers''
 regarding their status under the Micro, Small and Medium Enterprises
 Development Act, 2006 and hence disclosures, if any relating to amounts
 unpaid as at the year end together with interest paid / payable as
 required the said Act have not been given.
 
 4.2 Trade Payable are subject to reconciliation and confirmation
 
 NOTE NO. 5 Segment Information
 
 The company operates PP/HDPE Woven Sacks and same geographical
 location, hence there are no different reporting segments.
 
 NOTE NO. 6 Related Party Transactions
 
 6.1 List of related parties with whom transactions have taken place
 and relationships