(Rs. in Crores)
 
 1.  Contingent liabilities not provided for in respect of
 
 PARTICULARS                                   As at 31st   As at 31st
 
                                              March, 2011  March, 2010
 
 (a) Claims against the Company /disputed 
 liabilities not acknowledged as debts               2.21        1.10
 
 (b) Disputed Statutory Claims
 
 i) Excise, Customs and Service Tax                  6.04        4.74
 
 ii) Income Tax                                     28.83        3.60
 
 iii) Sales Tax , VAT, Entry Tax and Mandi Tax       2.26        1.76
 
 iv) Others                                          1.25        1.23
 
 TOTAL                                              38.38       11.33
 
 (c) Export obligation on duty free imports          0.08         NIL 
 (Differential amount of custom duty in 
 respect of machinery and inputs imported 
 under EPCG and Advance License Scheme)
 
 (d) Corporate guarantee in favour of Bank on 
 behalf of                                          11.15       11.23
 wholly owned subsidiary Gujarat Ambuja 
 International Pte Ltd.                       (US $ 2.5Mn) (US $ 2.5Mn)
 (Outstanding against this as at 31st March)          Nil         Nil
 
 Note: Outflow in respect of 1 (a) and (b) disputes/contingencies is
 dependent upon final outcome of the disputes or ultimate agreement to
 resolve the differences.
 
 2.  In the opinion of the Board, Current Assets, Loans and Advances
 have a value on realisation in the ordinary course of business at least
 equal to the amount at which they are stated.
 
 3.  (a) Sales include realized gain of exchange on forward exchange
 contracts (Net of settlements) entered into primarily for hedging
 purpose Rs. 8.12 crores {P.Y. Rs. 10.64 crores (net)}.  
 
 (b) Sales also include export incentive benefits of Rs. 13.75 crores (P.Y
 Rs. 12.54 crores)
 
 4.  There are no amounts due and outstanding to be credited to Investor
 Education and Protection Fund.
 
 5.  During the year an amount of Rs. 0.02 crores has been incurred
 towards Research and Development expenditure which is of revenue in
 nature.
 
 6.  Disclosure as per Accounting Standard 15 (Revised) Employee
 Benefits
 
 i) Defined Contribution Plans:
 
 Amount of Rs. 1.71 crores (Previous Year Rs.1.43 crores) is recognised as
 expense and included in Employee''s Expenses in the Profit and Loss
 Account.
 
 7.  Operating Leases
 
 The disclosure in pursuance to Accounting Standard-19 on Leases is as
 under:
 
 i) The Company has taken various residential, office and godown
 premises under operating lease on leave and license agreements. These
 are generally not non cancelable and range between 11 months and 36
 months under leave and license or longer for other leases and are
 renewable by mutual consent on mutually agreeable terms. The Company
 has given refundable interest free security deposits under certain
 agreements.
 
 ii) Lease payments are recognized as expense in the Profit & Loss
 statement on a straight line basis over the lease term under expense
 head ‘Rent'' amounting to Rs. 2.37 crores (Previous Year Rs. 3.39 crores)
 
 8.  Additional Information pursuant to provisions of paragraph 3,4C &
 4D of the part II of schedule VI to the Companies Act, 1956.
 
 9.  Previous year figures have been restated wherever necessary to
 make them comparable with current year''s figures.
 
 10.  Segment Information for the year ended 31st March 2011
 
 As per Accounting Standard 21, the company has presented Consolidated
 Financial Statements. Accordingly Segment information as required under
 Accounting Standard 17 is included under the Notes to Consolidated
 Financial Statements.