1. Estimated contracts remaining to be executed on capital account and
 not provided for amounts to Rs. 10 lakhs.  (Previous year Rs. 25 lakhs)
 
 2. Contingent Liability
 
                                        31.03.2000           31.03.1999
 
                                        Rs.    Ps.           Rs.    Ps.
 
 i. Bill discounted with Schedule
 Bank                                  11.04 Lakhs          25.75 Lakhs
 
 ii. Bank Guarantee                     0.93 Lakhs           2.93 Lakhs
 
 iii. Income Tax                               Nil                  Nil
 
 iv. Claims Against the company not
 Acknowledged as debt                          Nil                  Nil
 
 3. Raw material consumed includes cost
 of sale in the case of pepper.
 
                                        31.03.2000           31.03.1999
 
                                        Rs.    Ps.           Rs.    Ps.
 
 4. Value of imports of CIF-Basis              Nil                  Nil
 
 5. Payment to whole-time Directors
 
 A. Salary Paid/payable                     206900               117900
 
 B. Contribution to Provident and Other
 Funds                                         Nil                  Nil
 
 6. Directors sitting Fee                     3900                 3750
 
 7. Loans from Bank
 
 The term loans from State Bank of Travancore, Pathanamthitta are
 secured by equitable mortgage of land together with all buildings and
 machinery existing and or to be constructed/installed.  Working Capital
 loan is secured by hypothecation/pledge of stocks of raw materials,
 Packing material, consumable stores and spares, stock in process,
 finished goods, book debts, receivables, goods in transit and held by
 shipping agents and other current assets/letter of credit/confirmed
 order and equitable mortgage of land.
 
 8. In the opinion of the management, Current Assets, Loans and Advances
 shall realise the value as disclosed in the Balance Sheet.
 
 9. Auditors's Remuneration
 
 Statutory audit                          Rs. 25000/-
 
 Other Services                           Rs. 10500/-
 
 10. Previous years figures have been regrouped wherever necessary.