a) The Company has only one class of shares referred to as equity
 shares having a face value ofRs.10/-. Each holder of equity shares is
 entitled to one vote per share and proportionate amount of dividend if
 declared to the total number of shares. In the event of liquidation of
 the company, the holders of equity shares will be entitled to receive
 remainging assets of the company, after distribution of all
 preferential amounts in proportion to the number of equity shares held
 by the share holders.
 
 In the absence of virtual certainty of availability of taxable business
 income in near future against which the deferred tax assets can bo
 adjusted, the Company has not recognized deferred tax assets on
 unabsorbed depreciation and business losses.
 
 *As per the information available with the Company, none of the
 creditors qualify as supplier under The Micro, Small and Medium
 Enterprises Development Act, 2006 (the Act) and accordingly no
 disclosure is made pursuant to section 22 of the Act.
 
 1.1 Additional information as required under para 5 (viii) of part ii
 of Revised Schedule VI to the Companies Act, 1956 has been given to the
 extent applicable to the company.
 
 1.2 In the opinion of the Board, the long term loans & advances, trade
 receivables and all current assets have a realizable value in the
 ordinary course of business not less than the amount at which they are
 stated in the Balancesheet
 
 1.3 The Trade Receivables includes amount due from disconnected /
 inactive customers and outstanding in excess of one year. The Company
 is taking adequate steps for recovery of overdue debts and advances and
 wherever necessary, adequate provisions have been made. In the opinion
 of the Board, long-term Loans & Advances, Trade Receivables and Current
 Assets have a realizable value in the ordinary course of business not
 less than the amount at which they are stated in the balance sheet.
 
 1.4 CAPITAL COMMITMENT
 
 Estimated amount of contracts (net of advances) remaining to be
 executed on capital account and not provided for aggregate to Rs.Nil
 (P.Y.Rs.Nil).
 
 The Company in its ordinary course of business has promoted / acquired
 interest in various entities. Considering the long-term involvement of
 the Company in these entities and strategic impact it has on the
 business of the Company, the Company has committed to provide operating
 and financial support to these entities.
 
 1.5 CONTINGENT LIABILITIES
 
 (a) Claims against the Company not acknowledged, as debts are
 Rs.2,100,000/-(Previous Year Rs. 2,100,000/-).
 
 (b) Outstanding Bank Guarantees Rs.1,200,000 /- (Previous Year Rs.
 1,228,090/-).
 
 1.6 EMPLOYEE BENEFITS
 
 a) Defined Benefit Plans:
 
 The present value of the defined benefit obligations and the related
 current service cost were measured using the Projected Unit Credit
 Method, with actuarial valuations being carried out at each balance
 sheet date.
 
 The following table provides the disclosures in accordance with Revised
 AS 15.
 
 b) Defined Contribution Plans:
 
 Contribution to provident and other funds is recognised as an
 expense in note no 3.5 of the Statement of Profit and Loss Account.
 
 1.7 SEGMENTAL REPORTING
 
 The Company is a Multi System Operator providing Cable Television
 Network Services, Internet Services and allied services which is
 considered as the only reportable segment. The Company''s operations
 are based in India.
 
 1.8 RELATED PARTY DISCLOSURES
 
 I.  Enterprise where control exists:
 
 a. Hathway Cable & Datacom Ltd.
 
 II.  Under the control of the Company
 
 a.  Hathway Bhawani NDS Network Pvt.Ltd.
 
 b.  Hathway Bhawani Sai Network Pvt.Ltd.
 
 III. Other related parties with whom the Company had transactions.
 
 a) Mr. Kuldeep Puri as Managing Director- Key Management Personnel
 
 b) Mr. Kulbhushan Puri as Karta Of M/s Kulbhushan Puri HUF
 
 1.9 LEASES
 
 The Company has leasing arrangements in terms of Accounting Standard 19
 on Leases as applicable. These leasing arrangements, which are
 cancelable, range between 11 months to 33 months and are usually
 renewable by mutual consent on mutually agreeable terms. The amount of
 such lease rentals debited to the Statement of Profit and Loss for the
 year is Rs.3,676,492 (Previous Year Rs. 3,303,810).
 
 1.10 INTANGIBLE ASSETS
 
 Based on factors such as past experience, industry trends, value added
 services and quality of services provided by the Company, trends in
 other countries, various changes proposed in the regulations governing
 the industry, future business plans, estimated residual value etc., the
 Company is of the opinion that the useful life of the Cable Television
 Franchise acquired by the company will exceed twenty years.
 Accordingly, the same has been amortised over a period of twenty years
 from date of acquisition.
 
 1.11 Supplementary statutory information required to be given pursuant
 to Clause 32 of the listing agreement -Nil.
 
 1.12 Till the year ended March 31, 2011, pre-revised Schedule VI to the
 Companies Act 1956 was being used for preparation and presentation of
 financial statements. During the year ended March 31, 2012, the revised
 Schedule VI notified under the Companies Act 1956, has become
 applicable to the company. Accordingly, the company has reclassified
 previous year figures to confirm to this year''s classification. On
 adoption of the revised Schedule VI, there has been no significant
 impact on recognition and measurement principles followed for
 preparation of financial statements.