COMPANY OVERVIEW
 
 Fervent Pharma Synergies Limited (the company) is a public company
 domiciled in India and incorporated under the provisions of the
 Companies Act, 1956. Its shares are listed on the Bombay Stock Exchange
 in India.
 
 The company is engaged in the trading of chemicals, solvents and other
 pharmaceutical products. It also lends short term funds as and when
 available with the company, for earning business income in line with
 continuation of business activities of its amalgamating companies.
 
 The Company has only one class of shares referred to as equity shares
 having a par value of Rs.10/-. Each holder of equity shares is entitled
 to one vote per share. The Company declares and pays dividends in
 Indian rupees.The dividend proposed by the Board of Directors is
 subject to the approval of the shareholders in the ensuing Annual
 General Meeting.
 
 During the year ended March 31, 2012, there was Nil dividend recognized
 as distributions to equity shareholders.
 
 In the event of liquidation of the Company,the holders of equity shares
 will be entitled to receive any of the 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.
 
 The Company does not have any Holding or subsidiary company and hence
 there is no question of any shares of the company being held by its
 holding company, ultimate holding company and their
 subsidiaries/associates.
 
 1.1 Since there are no manufacturing activities, the additional
 information pursuant to para 3(ii)(a), 4C and 4D of part II of the
 Schedule VI of the Companies Act, 1956 is not applicable.
 
 Information relating to Micro and Small Enterprises (MSEs), as
 applicable, is generally given in respect of MSEs to the extent they
 can be identified on the basis of information available with the
 Company and pursuant to amendment of Schedule VI to the Companies Act,
 1956 (the Act) vide Notification dated 16th November, 2007 issued by
 the Central Government. During the year under review, there is no
 reporting required under this clause.
 
 1.2 There is no contingent liability required to be reported.
 
 1.3 Value of Trading Merchandise imported during the year - NIL
 
 1.4 Value of imported stores, spares and components consumed during
 the year - NIL
 
 1.5 Expenditure in Foreign Currency Equivalent to - NIL
 
 1.6 CIF value of Imports - NIL
 
 1.7 Remittances during the year in Foreign Currency on account of
 Dividend to Non-Resident Shareholders - NIL
 
 1.8 Earnings in Foreign Exchange - NIL
 
 1.9 The Company operates only in a single segment of Business and as
 such no separate segment reporting is required.
 
 1.10 Related Parties Disclosure
 
 i. Names of Related Parties and description of relationship
 
 a.  Group Associate Companies
 
 Posse Investments Private Limited
 
 Leeverage Finance and Securities Private Limited
 
 Blueplus Securities Private Limited
 
 Yester Investments Private Limited
 
 Hurricane Investments Private Limited
 
 Fervent Securities Private Limited
 
 b.  Key Managerial Personnel
 
 Vijay P. Thakkar, Managing Director
 
 Sanjay P. Thakkar, Director
 
 Ashok P. Gohil, Director
 
 c.  Relative to key managerial personnel
 
 Urvi Vijay Thakkar (Wife of Vijay P. Thakkar, Managing Director)
 
 Karan Vijay Thakkar (Son of Vijay P. Thakkar, Managing Director)
 
 Bina Sanjay Thakkar (Wife of Sanjay P. Thakkar, Director)
 
 Kunal Sanjay Thakkar (Son of Sanjay P. Thakkar, Director)
 
 Jayshree P. Thakkar (Mother of Vijay P. Thakkar and Sanjay P. Thakkar)
 
 Rekha Ashok Gohil (Wife of Ashok P. Gohil, Director)
 
 Upasna Ashok Gohil (Daughter of Ashok P. Gohil, Director)
 
 1.11 As the Company does not carry on any manufacturing activity,
 information regarding Licensed / Registered Capacity, Installed
 Capacity is not applicable.
 
 1.12 The figures have been regrouped / rearranged, wherever necessary.
 Previous year''s figures are also reclassified in accordance with the
 requirements of new schedule VI applicable in the current year.