1 Gratuity and Other post employment benefit plans (AS -15)
 
 The company has an unfunded defined benefit gratuity plan. Every
 employee who has completed 5 years or more of service is eligible for a
 gratuity on departure at 15 days salary (last drawn salary) per each
 completed year of service.  Consequent to the adoption of revised AS-15
 Employee Benefits issued under Companies (Accounting Standards)
 Amendment Rules 2008, the following disclosures have been made as
 required by the standard.
 
 The following tables summarize the components of the net employee
 benefit expenses recognized in the profit and loss account, and the
 fund status and mount recognized in the balance sheet for the gratuity
 benefit plan.
 
 2 Segment Reporting (AS-17)
 
 Basis of Preparation:
 
 Information is given in accordance with the requirements of Accounting
 Standard 17 on Segment Reporting issued by the Institute of Chartered
 Accountants of India. Revenues and expenses directly attributable to
 the Segments are allocated to the respective segments. Those revenues
 and expenseswhich cannot be directly allocated to the Segments are
 apportioned on a reasonable basis. Segment Capital employed represents
 the net assets in that Segment. It excludes Capital reserve and tax
 related assets Business Segments:
 
 The Company''s business is organized and management reviews the
 performance based on the business segments. The Company''s business
 may be divided into two major Segments.
 
 (A) Income from Shares & Securities; and
 
 (B) income from Financial Consultancy Services.
 
 Geographical Segments:
 
 The Company''s operations are solely in one Geographic segment namely
 Within India” and hence no separate information for Geographic
 segment wise disclosure is required.
 
 3 Related Party Disclosures (AS-18)
 
 A. Related parties and nature of relationship
 
 i) Key Management Personnel
 
 Mr. Narendra Karnavat, Chairman Mr. Tushar Agarwal, Whole Time Director
 
 ii) Emterprises & Other parties which are significantly influenced by
 the Company (either individually or with others) with whom transactions
 has taken place during the year:
 
 Sampoorna Investments Pvt. Ltd.
 
 Excelsior Electric Company
 
 4 The Company believes that no impairment of assets has arisen during
 the year as per the accounting standard - 28  Impairment of asset
 
 5 Contingent Liabilities
 
 There are no contingent liability as on balance sheet for which the
 company is required to make provision in the books of accounts.
 
 6 Details of dues to Micro and Small Enterprises as defined under the
 MSMED Act, 2006
 
 The Company has not received any information from it''s vendors
 regarding their status underthe Micro, small & medium enterprises &
 development act, 2006 and hence disclosure if any, required underthe
 said act has not been made.
 
 7 Earnings in Foreign Currency
 
 Professional Fees Rs. 5,119,939/- (31 MArch 2011 - Rs. 3,900,000/-)
 
 8 In the opinion of the Board of Directors, the Current Assets,
 Non-Current Assets have a value on realization in the normal course of
 business atleast equal to the value at which they are stated in the
 Balance Sheet.
 
 9 Previous year figures
 
 Till the year ended 31 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 period 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 figures to comfirm to this year''s
 classification. Except accounting for dividend on investments in
 subsidiaries, 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.