1 Disclosure as required by Accounting Standard – AS 17 Segment
 Reporting, issued by the Institute of Chartered Accountants of India.
 
 The entire operations of the Company relate to only one segment viz.
 Business Centre. As such, there is no separate reportable segment
 under Accounting Standard-AS 17 on Segment Reporting.
 
 2 Disclosure as required by Accounting Standard – AS 20 Earning Per
 Share, issued by the Institute of Chartered Accountants of India.
 
 The Company has not issued any potential diluted equity share and
 therefore the Basic and Diluted earning per Share will be the same. The
 earning per share is calculated by dividing the profit after tax by
 weighted average number of shares outstanding.
 
 3 Disclosure as required by Accounting Standard - AS 18 Related
 Parties, issued by the Institute of Chartered Accountants of India.
 
 Relationships:                           Country
 
 A.  Key Management Personnel
 
 Mr. Kishore Shete, Wholetime Director    Indian
 
 Transaction during the year with Mr. Kishore Shete is in the Nature of
 Director Remuneration paid/payable to him.
 
 Amount Payable to him as at 31st March, 2012 is Rs. 124313/- (P. Y.
 105040/- )
 
 No amount pertaining to the party has been written off or written back
 during the year.
 
 4 Contingent liabilities not provided for in respect of :
 
 Particulars                                    2011-12     2010-11
                                             (Rs)   (Rs)  (Rs)  (Rs)
 
 i. Claims against the Company not               168,000   3,704,000
 acknowledge as debts estimated at 
 
 ii. Income - Tax Matters                     87,106,780  88,061,166
 
 iii. The Company has received various show            -     358,000
 cause notices and an order from Excise
 and Customs Authorities, which have been
 replied to by the Company. The contingent
 liability, if any, on the basis of such notices/
 demands, except for those which have
 become time barred are estimated at
 
 5. In the opinion of the Board of Directors, all the assets other than
 fixed assets and non current investments have value on realisation in
 the ordinary course of business atleast equal to the amount at which
 they are stated in the Balance Sheet.
 
 6. Prior period comparatives :
 
 The Company has reclassified the published previous year figures to
 conform to the norms of the Revised Schedule VI. The adoption of the
 revised Schedule VI does not impact recognition and measurement
 principles followed for preparation of the financial statements.
 However, it significantly impacts presentation and disclosures made in
 the financial statements, particularly presentation of Balance Sheet.
 
 7. The Balance Sheet, Statement of Profit & Loss, Cash Flow Statement,
 Statement of significant accounting policy and other explanatory notes
 form an integral part of the financial statements of the Company for
 the year ended on 31st March, 2012.