1.1 Terms/Rights attached to equity shares:
 
 The company has only one class of equity share having a par value of
 Rs. 10 per share. 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 31st March 2012, the amount of per share dividend
 recognized as distributions to equity shareholders was Rs. NIL (31st
 March 2011 Rs. NIL)
 
 In the event of liquidation of the company, the holders of equity
 shares will be entitled to receive remaining assets of the company,
 after distribution of all preferential amounts. The distribution will
 be proportion to the number of equity shares held by the shareholders.
 
 2.  Segment Information (AS - 17)
 
 The Company is engaged in only one business i.e Non Banking Financial
 Services (granting of loans, making investments, etc.) and as such
 there are no other reportable segment in the context of Accounting
 Standard 17 Segment Reporting, issued by the Institute of Chartered
 Accountants of India.  Therefore, Segment Information as required by
 Accounting Standard - 17 Segment Reporting is not applicable.
 
 3.  Due to the uncertainty in the future taxable income, the Company
 has not recognized Deferred Tax as per Accounting standard-22
 Accounting for Taxes On Income.
 
 4.  The Company believes that no impairment of assets arises during
 the year as per the recommendations of Accounting Standard - 28
 impairment of Assets, issued by the Institute of Chartered Accountants
 of India.
 
 5.  Details of dues to Micro and Small Enterprises as defined under
 the MSMED Act, 2006
 
 Based on the intimation received by the Company, none of the suppliers
 have confirmed to be registered under The Micro, Small and Medium
 Enterprises Development (''MSMED'') Act, 2006. Accordingly, no
 disclosures relating to amounts unpaid as at the year end together with
 interest paid/payable are required to be furnished.
 
 6.  While determining diminution, other than temporary, in the value
 of the long term Quoted/unquoted investments, the strategic objective
 of such investments and the asset base of the investee companies have
 been considered. In view thereof, the decline in the market value of
 such investments is considered to be of a temporary nature.
 
 7.  In the opinion of the Board, the Current Assets, Loans & Advances
 are realizable in the ordinary course of business at least equal to the
 amount at which they are stated in the Balance Sheet. The provision for
 all known liabilities Is adequate and not in excess of the amount
 reasonably necessary.
 
 8.  Previous year figures
 
 Till the period ended 31st March 2011, the company was using
 pre-revised Schedule VI to the Companies Act, 1956, for preparation and
 presentation of its financial statements. During the year ended 31
 March, 2012 the revised Schedule VI notified under the Companies Act,
 1956, has become applicable to the company. The company has
 reclassified previous year''s figures to confirm to this year''s
 classification. The adoption of revised Schedule VI does not impact
 recognition and measurement principles followed for preparation of
 financial statements. However, It significantly impacts presentation
 and disclosures made in the financial statements, particularly
 presentation of balance sheet.