Note     Particulars                            31-03-2012   31-03-2011
 No                                                   Rs         Rs 
 
 01       CONTINGENT LIABILITIES AND COMMITMENTS
 
 (I)      CONTINGENT LIABILITIES
 
 (a)      Claims against the Company not 
          acknowledged as debt:
 
 i)       Cenvat/Service Tax Credit under 
          disputes by Excise                      3,918,242    2,907,295
          authorities
 
 ii)      Excise demand disputed by the Company   7,713,264    5,799,625
 
 iii)     Sales Tax demand disputed by the 
          Company                                 2,523,411    2,523,411
 
 iv)      Professional fees                               -      166,000
 
 (b)      Counter Guarantees given by the 
          Company to the bankers                 10,200,000    6,906,900
          for Bank Guarantees
 
 (c)      Letter of Credits issued by the Bank   57,057,339   14,667,296
 
 (II)     COMMITMENTS
 
          Estimated amount of contracts 
          remaining to be executed on capital 
          account and not provided for on
          Tangible assets                        32,563,885    6,197,684
 
 (III) The Income Tax assessments of the Company have been completed
 upto Assessment Year 2009- ID. The disputed demand outstanding upto the
 said Assessment Year is Rs.1,23,19,440/-. Based on the decisions of the
 Appellate authorities and the interpretations of other relevant
 provisions, the Company has been legally advised that the demand is
 likely to be either deleted or substantially reduced and accordingly no
 provison has been made.
 
 2 PREVIOUS YEAR FIGURES
 
 The Revised Schedule VI has become effective from 1 April, 2011 for the
 preparation of financial statements.  This has significantly impacted
 the disclouser and presentation made in the financial statements.
 Previous year figures have been regrouped, rearranged and reclassified,
 wherever necessary to correspond with the current year''s clasification
 /disclosure.