1) Pursuant to the Notification No.447 (E) dated February 28,2011 and
Notification No.653 (E) dated March 30, 2011, issued by the Ministry of
Corporate Affairs, the Company has prepared its financial statements
for the year ended March 31, 2012 as per revised schedules VI to the
Companies Act, 1956. Accordingly, the previous year''s figures have
been regrouped / reclassified, wherever required to align the financial
2. Accounting Standard 19 on Leases is not applicable to the company
as the lease is a cancelable lease.
3. The company is not required to disclose Diluted Earnings per Share
as it falls under level 3 as per the notification by the Insti tute of
Chartered Accountants of India regarding Applicability of Accounting
Standards to SMEs.
4 Balances Due to or due from the parties from whom confirmations are
not received are subject to adjustment on receipt of confirmations.
5 Contingent Liabilities: Estimated amounts of contracts remaining to
be executed on capital accounts and not provided for Rs. Nil