Notes to the Balance 
 Sheet as at              31-Mar-12    31-Mar-12    31-Mar-11   31-Mar-11
                             Rs.           Rs.          Rs.        Rs.
 
 
 1.  Contingent
 Liabilities not 
 provided for:
 
 1) Guarantee in 
 respect
 of secured loans                  1,000,000,000            1,088,400,000
 obtained by 
 subsidiary
 
 Balance of secured 
 loans as at end of
 year                              1,022,394,000            1,012,427,000
 
 2) Tax Matters 
 under appeal                        42,513,000               44,663,000
 
 3) Cases filed against 
 the Company                          72,015,000               72,106,000
 
 4) Bills  discounted  
 by the  Company''s
 suppliers                                 -                   50,000,000
 
 Balance as at end of year                 -                   49,790,000
 
 Total at the end of the 
 reporting period                  1,136,922,000            1,178,986,000
 
 ** Income tax demands comprise demand from the Indian tax authorities
 for payment of additional tax upon completion of their tax review for
 the financial years 2004-05, 2005-06, 2006-07, 2007-08, 2008-09 and
 2009-10. The tax demands are mainly on account of disallowance of a
 portion of the tax holiday claimed by the Company under the Income-tax
 Act. The matter is pending before the Commissioner of Income tax
 (Appeals)/income Tax Appellate Tribunal. The Company is contesting the
 demands and the management, including its tax advisors, believe that
 its position will likely be upheld in the appellate process. No tax
 expense has been accrued in the financial statements for the tax demand
 raised. The management believes that the ultimate outcome of this
 proceeding will not have a material adverse effect on the Company''s
 financial position and results of operations.
 
 2. Investments in subsidiaries: In the opinion of the management, no
 loss is expected to arise in respect of investments in subsidiaries for
 which an additional provision is required
 
 3. Amounts due to Investor Education & Protection Fund: As at the
 balance sheet date, there are no amounts due and outstanding to this
 Fund