1.  The estimated amount of contracts remaining to be executed on
 Capital Account not provided for Rs 1,84,62,775 /- (Previous Year Rs
 1,95,09,766 /-)
 
 2.  Contingent Liabilities:
 
 a) Claims against the company not acknowledged as debt: NIL (Previous
 year : NIL)
 
 b) Other monies for which the Company is contingently liable:
 
                                                     (Rs in lacs)
 
 Particulars                            Current Year     Previous Year
 
 (i) Disputed Expenditure Tax Liability     676.88         676.88
 
 (ii) Bank Guarantee                        113.53         113.53
 
 3. The Company has not recognized any loss on impairment in respect of
 assets of the Company as required in terms of Accounting Standard 28 on
 Impairment of assets issued by the Institute of Chartered
 Accountants of India, since in the opinion of the manage- ment the
 reduction in value of any assets, to the extent required, has already
 been provided for in the books.
 
 4.  Related Party Disclosures:
 
 (A) Particulars of Subsidiary / Associates Companies
 
 Name of the Related Party                 Nature of Relationship
 
 (i) Sociedade de Fomento Industrial Pvt.
     Ltd. (SFI)                            Associate Company
 
 (ii) Shelvona Riverside Rail Terminal 
      Ltd (SRRT)                           Associate Company
 
 (iii) Fomento (Karnataka) Mining 
      Company Pvt Ltd (FKPL)               Associate Company
 
 (iv) Infrastructure Logistics Pvt. 
      Ltd. (ILPL)                          Associate Company
 
 (v)   Marmugao Maritima Limited (MML)     Associate Company
 
 (vi)  Prime Mineral Exports Pvt. Ltd. 
      (PMEPL)
     (with effect from 1st July, 2010)     Associate Company
 
 (B)  Key Management Personnel:
 
 Name of the Related Party                Nature of Relationship
 
 (i) Mrs. Anju Timblo                      Managing Director
 
 (ii) Mr. Auduth Timblo                    Director
 
 5 Previous year''s figures have been re-grouped and re-arranged
 wherever necessary to con- form to the current year''s figures.