1.  Contingent liabilities not provided for in respect of:
 
                                             2011         2010
                                             Rs.(''000)    Rs.(''000)
 
 a) Income Tax matters under appeal (without 
 considering concomitant liability
 
 in respect of Agricultural Income Tax)        98,435      64,727
 
 b) Disputed Claims                             2,516       2,556
 
 c) Sales Tax Matters                           1,502       1,502 
 Future cash outflow if any, in respect
 of above cannot be determined at this stage.
 
 2.  Estimated amount of contracts to be executed on Capital Account and
 not provided for Rs.53,496 (2010 - Rs.22,379)..
 
 3.  Consequent upon the vesting of the Indian undertakings on 1st
 January, 1978 of the eight Sterling Companies under the scheme of
 amalgamation, the title in respect of certain tea estates, acquired
 under such scheme, are to be transferred in the name of the company .
 The company has been legally advised that the notification issued by
 the Government of West Bengal in 1994 for payment of salami does not
 apply to the Company.
 
 4.  Provision for taxation has been made as per the Income Tax Act,
 1961 and the rules framed there under with reference to the profit for
 the year ended 31st December, 2011 which extends over two assessment
 years, Assessment Year 2011-2012 and Assessment Year 2012-2013. The
 ultimate tax liability for the Assessment Year 2012- 2013 will be
 determined on the total income for the period from 1st April, 2011 to
 31st March, 2012.
 
 5.  Research & Development expenses charged to revenue Rs.12,394 ( 2010
 - Rs. 6,079).
 
 6.  The Company has taken various premises under operating lease having
 tenure of 11 months/3 years. There is no specific obligation for
 renewal of these agreements. Lease rent for the year amounts to
 Rs.9,583 (2010 - Rs.2,799) This includes lease arrangements with
 escalation clauses of 5% to 10% at the end of each year.
 
 7.  An inspection u/s 209A of the Companies Act, 1956 (Act) was carried
 out by the office of the Regional Director (E.R.), Ministry of
 Corporate Affairs in the year 2009 and 2010, pursuant to which show
 cause notices were issued alleging violation of various provisions of
 the Act. The Directors of the Company filed a petition u/s 633(2) of
 the Act being CP No.556 of 2010 before the High Court at Kolkata. It
 was interalia alleged in the notices that the Company has violated the
 provisions of section 269 and section 309 of the Act.
 
 The Hon''ble Court, vide its order dated 19th December 2011, dropped the
 aforesaid charge levelled against the Company and directed the RoC not
 to launch any proceedings in this regard on the Company agreeing before
 the Hon''ble Court to disclose in the next Annual Accounts the
 information that in 2004 and 2006 the wife of the former Managing
 Director of the Company accompanied him in course of foreign visits
 which were necessary for the purpose of promoting the Company''s
 business overseas.
 
 All the other charges against the Company by the aforesaid show cause
 notices were also dropped by the Hon''ble Court and the Registrar of
 Companies was directed not to institute any proceedings in respect of
 any of the matters covered in the aforesaid show cause notices.
 
 Pursuant to the said order dated 19th December 2011, members are hereby
 informed that the wife of Mr.K.S.David, the erstwhile Managing Director
 of the Company, travelled together to UK and USA for promoting the
 Company''s business overseas and for such purposes the Company had
 incurred for both expenses of Rs.1.15 Million in 2004 and Rs.1.19
 Million in 2006.
 
 A copy of the order passed by Hon''ble Judge dated 19th December 2011 is
 available for inspection at the Registered Office of the Company.
 
 ** Being raw materials harvested in the Company''s own estates as
 agricultural produce involving integrated activities of nursery,
 cultivation, growth etc. and utilised in the manufacture of tea and
 their values at the intermediate stage could not be ascertained.
 
 8.  There are no Micro, Small and Medium Enterprises, as required to
 be disclosed under The Micro, Small and Medium Enterprises Development
 Act, 2006 identified by the company on the basis of information
 available with the company.
 
 9.  Selling Expenses in schedule 16 include Brokerage Rs. 54,512 (2010
 - Rs.43,918), Commission Rs. 5,919 (2010 - Rs. 15,641), Insurance Rs.
 8,699 (2010 - Rs.3,430), Shipping and Other Charges Rs. 34,083 (2010 -
 Rs. 23,895), Sales Promotion Rs.170,251 (2010 - Rs. 134,341) and
 Freight Rs.90,499 (2010 - Rs. 65,882).
 
 10.  Earning Per Equity Share (Basic and Diluted)
 
 The calculation of earning per share is based on the Profit after
 taxation of Rs. 374,245/- (2010 - Rs.449,967) and Equity Shares
 outstanding (Nominal value Rs. 10/- each) during the year aggregating
 to 21,600,000 (2010 - 21,600,000).
 
 Notes :
 
 i) The Company is engaged in the business of cultivation, manufacture
 and sale of Tea. The products and their applications are homogeneous in
 nature. The segments are classified as Exports and Domestic.
 
 ii) The Segment wise Revenue, results, assets and liabilities figures
 relate to the respective amounts directly identifiable to each of the
 segments. Unallocable income / expenditure relate to the Company as a
 whole and are earned / incurred at the corporate level.
 
 iii) Pricing of inter segment transfers is based on benchmark market
 price.
 
 11.  As at 31st December, 2011 the company had net outstanding foreign
 currency exposures of Rs.289,691 (USD equivalent 5,445) (2010 - Rs.
 54,316 ; USD equivalent 1,205) of which Rs.74,395 (USD equivalent 1,398
 (2010 - Rs.44,729 USD equivalent 992) has been covered by forward
 contracts.
 
 12.  Related Party Disclosures :—
 
 a) Shareholders of the Company :—
 
 Western Dooars Investment Ltd. and Assam Dooars Investment Ltd.
 together hold 74% of the Equity Share Capital of the Company. Camellia
 Plc is the ultimate holding company which is indirectly holding Western
 Dooars Investment Ltd. and Assam Dooars Investment Ltd.
 
 b) Other related parties with whom transactions have taken place during
 the year :— Fellow Subsidiary Companies:—
 
 Stewart Holl (India) Limited, Amgoorie India Limited, Koomber
 Properties & Leasing Company Private Limited, Goodricke Technical &
 Management Services Limited, Borbam Investments Limited, Koomber Tea
 Company Private Limited, Lebong Investments Private Limited, Eastern
 Produce Malawi Ltd, Linton Park Plc.
 
 13.  Post Retirement Employee Benefits:
 
 The Company operates defined contribution schemes like provident fund
 and defined contribution pension schemes. For these schemes,
 contributions are made by the Company, based on current salaries, to
 recognized funds maintained by the Company and for certain employees
 contributions are made to State Plans. In case of Provident fund
 schemes, contributions are also made by the employees. An amount of
 Rs.105,582 (2010 - Rs.103,328) has been charged to the Profit & Loss
 Account on account of defined contribution schemes.
 
 The Company also operates defined benefit gratuity scheme, leave
 encashment, defined benefit pension scheme, defined benefit provident
 fund scheme and post retirement medical scheme. The pension benefits,
 medical benefits and leave encashment benefits are restricted to
 certain categories of employees. These schemes offer specified benefits
 to the employees on retirement. Annual actuarial valuations are carried
 out by an independent actuary in compliance with Accounting Standard 15
 (revised 2005) on Employee Benefits. Wherever recognized funds have
 been set up, annual contributions are made by the Company, as required.
 Employees are not required to make any contribution.
 
 Experience Gain/(Loss) adjustments on plan assets related to Gratuity
 Scheme for 2011 and the preceding three years are Rs.(144); Rs.3,928;
 Rs.(1,013) and Rs.1,824 respectively
 
 Experience Gain/(Loss) adjustments on plan liabilities related to
 Gratuity Scheme for 2011 and the preceding three years are
 Rs.(78,761); Rs.14,726;Rs.(17,011) and Rs.39,940 respectively
 
 The estimates of future salary increase considered in the actuarial
 valuation takes into account factors like inflation, seniority,
 promotion and other relevant factors such as supply and demand in the
 employment market. The expected return on plan assets is based on
 actuarial expectation of the average long term rate of return expected
 on investments of the Funds during the estimated term of the
 obligations.
 
 The contribution expected to be made by the Company for the year ended
 31st December 2012 has not been ascertained.  
 
 14. Previous year''s figures have been regrouped and / or rearranged 
 whenever necessary.