1.  Basic or Accounting
 
 Financial S.a.cmenls are prepared under historical costs conversations
 on accrual basis in accord..  with the requirements olives Companies
 Act, 1956
 
 2.  Revenue and Transaction Recognition
 
 Revenue and Transactions with Stock Exchanges were recognized only lord
 completed settlements
 
 3.  Used Assets
 
 fixed assets are slated at cost inclusive of incidental expenses such
 as fright, octopi, etc, incurred by the company. The installation and
 commissioning expenses are also capitalize!
 
 4.  inventory
 
 The securities on hand as on 01-03-2011 are valued at cos. or market
 prices whichever is lower.
 
 5.  Managerial Remuneration:                31.03.2011     31.03.2010
 
                                               Rs.Lakhs      Rs.lakhs
 
 Salary                                            -          14.40
 
 Contribution to Provident* other funds
 
 Perquisites                                       -          14.40
 
 6.  Depreciation
 
 Deprecation on Fixed Assests has been provided on Straight Line Method
 as per Section 205(2) (b) of ¦ he Companies Act.  1956 a. the rates and
 in the manner specified in Schedule XIV of the said AC
 
 7.  Investment
 
 Longer investments have been carried at cost except where there is a
 decline in the value of the asset other than a temporary decline; a
 provision for the same is made for in the books.  No provision has been
 made for diminution in the value of investments of Rs. 0 lakhs.
 
 8.  Contingent Liabilities
 
 Guarantees given by The Company''s Bankers on behalf of The company is
 Nil.