(i) Previous years figures have been re-grouped / re-arranged wherever
 necessary and fig- ures for previous year and current year have been
 rounded off to the nearest rupee.
 
 (ii) Sundry Creditors
 
 Disclosure under Micro and Small Enterprises Development Act, 2006.
 
 The company has not received the required information from Creditors
 regarding their status under the Micro, Small and Medium Enterprises
 Development Act. 2006. Hence disclosures, if any, relating to amounts
 unpaid as at the year end together with interest paid/ payable as
 required under the said Act have not been made.
 
 (iii) In the opinion of the Board of Directors, all current assets,
 loans & advances are expected to realize in the ordinary course of
 business at least an amount equal to the amount at which they are
 stated in the Balance Sheet.
 
 (iv) Contingent Liabilities :
 
 a) Contingent Liabilities not provided in respect of Sales tax demand
 under appeal Rs.  7,230,746/- (Previous year Rs. 7,194,312/-).
 
 b) Claims against the Company not acknowledged as debts Rs.
 34,140,695/- (Previous year 55,854,882/-) towards interest payable to
 B.L.A. Industries Ltd. In the opinion of Management this amount is not
 payable in terms of order passed by AAIFR.
 
 (v) Miscellaneous Expenses do not include any item exceeding Rs.
 5,000/- or 1 % of turnover whichever is higher.
 
 (vii) The company has given its Hard Coke Plant on managing contract
 and income thereof has been shown as Plant Rent.
 
 (viii) Employee Benefits:
 
 Effective from financial year 2007-08, the company adopted Accounting
 Standard (AS) 15 (Revised 2005) dealing with Employee Benefits, issued
 by the Institute of Chartered Ac- countants of India. The Company has
 defined benefit plans for gratuity to eligible employ- ees. The company
 does not have policy of carry forward of the compensated absence to the
 employees. The details of these defined benefit plans recognized in the
 financial state- ment are as under :
 
 Defined Benefit Plan
 
 Defined Contribution Plan :
 
 Employees Provident Fund & other contribution plan are not applicable
 to the company.
 
 (ix) As there is no reasonable certainty that sufficient future taxable
 income will be available, against which deferred tax assets can be
 realized, deferred tax assets have been recog- nized only to the extent
 of liability.
 
 (x) Related party transactions
 
 Information in accordance with the requirements of accounting standard
 -18 on Related party disclosures issued by the institute of chartered
 Accountants of India.
 
 A) Name of the Related parties with whom transaction have take place
 during the year :
 
 1) Key Management personnel of the Company :
 
 a) Mr. Devendra Kumar Agarwalla
 
 b) Mr. Nandan Kumar Agarwalla
 
 c) Mr. Brij Mohan Todi
 
 d) Mr. Pramod Kumar Agarwalla
 
 e) Mr. Santosh Kumar Kedia
 
 B) Enterprises over which key Management Personnel and Relatives of
 such Personnel are able to exercise significant Influence.
 
 a) M/sAnupMalleablesLtd. 
 
 b) M/s BLA International (P)Ltd.
 
 c) M/s BLA Minerals (P) Ltd.
 
 d) M/s Mechanical & Electrical Engg. Co (P) Ltd.
 
 e) M/s Waste Products Reclaimer (P) Ltd.
 
 (xi) Segment reporting
 
 The company has given its plant on hire, so segment wise reporting as
 required by Ac- counting Standard - 17 issued by the Institute of
 Chartered Accountants of India has not been given.
 
 (xii) Preliminary expenses
 
 Preliminary expenses are written off over a period of five years
 
 (xiii) Expenses Rs 7500/- related to earlier year for Professional Tax
 has been paid during the year.
 
 (xiv) Unsecured loan Rs. 2,17,14,187/- payable to B.L.A Industries Ltd.
 was written back by the company unilaterally in the year 2004-05 as in
 the opinion of management it was not payable. But during the year M/s.
 B.L.A. Industries Ltd. have claimed the amount and it is payable by the
 company. Hence the amount has been credited to the account of B.L.A.
 Industries Ltd. and debited to Prior period adjustment a/c.
 
 (xvi) Additional information pursuant to the provisions of paragraphs
 3,4 (C) and 4 (D) of Part II of the schedule VI of the Companies Act,
 1956.
 
 (i)Expenditure in foreign currency Rs Nil (Previous Year Rs. Nil)
 
 (ii)Earning in foreign currency    Rs. Nil (Previous Year Rs. Nil)
 
 (iii)Managerial Remuneration.      Rs. 480,000/- (Previous Year Rs.
                                                   480,000/-)