1.  BACKGROUND:
 
 IndiaNivesh Limited was incorporated on 21st December 1931. The company
 is listed on the BSE and is a registered NBFC. IndiaNivesh Limited is
 actively involved, as a principal, in acquisition and management of
 Stressed Assets as well as consultancy services.
 
 (i) The Company has one class of equity shares having a par value of
 Rs. 10/-each. Each share holder is eligible for one vote per share
 held. The dividend proposed by the Board of Directors is subject to
 approval of the Shareholder in the ensuing Annual General Meeting
 (AGM).
 
 (ii) The Company does not have any holding Company / ultimate holding
 company. .
 
 (iii) No ordinary shares have been reserved for issue under option and
 contracts / commitments for the sale of shares / disinvestment as at
 the Balance Sheet date.
 
 (iv) No shares have been allotted or has been bought back by the
 Company without payment being received in cash during the period of 5
 years preceding the date as at which the Balance Sheet prepared.
 
 (v) No securities convertible into Equity / Preference shares issued
 by the Company during the year.
 
 (vi) No calls are unpaid by any Director or Officer of the Company
 during the year.
 
 Director remuneration paid during the year is not within the limits
 mentioned in Sec 198 of Companies Act 1956 due to inadequate profits,
 but company is fulfilling the conditions given in Schedule XIII of the
 Companies Act 1956. So company has paid the remuneration to its
 directors within the prescribed limits in Schedule XIII of Companies
 Act 1956.
 
 2.  Contingent Liabilities
 
 Corporate Guarantee given on behalf IndiaNivesh Securities Pvt.ltd., a
 subsidiary company of IndiaNivesh Limited:
 
 a) to HDFC Bank Limited for Rs. 30,00,00,000/- (Previous year Rs.
 30,00,00,000),
 
 b) to Oriental Bank of Commerce for Rs. 5,00,00,000/- (Previous year
 Rs. 7,50,00,000),
 
 c) to Bank of India for Rs. 10,00,00,000/- (Previous year Rs.
 5,00,00,000) and
 
 d) to Punjab National Bank for Rs. 10,00,00,000/- (Previous year Rs.
 Nil)
 
 However against the same fixed deposit of Rs. 21.60crore given by
 IndiaNivesh Securities Pvt.Ltd., as margin.
 
 3.  Segmental Reporting
 
 As the Company presently operates predominantly in only under single
 activity namely investments and consultancy. As such there is no
 separate reportable business or geographical segments as per Accounting
 Standard 17 on Segmental Reporting.
 
 4.  Related Party Disclosure
 
 As per Accounting Standard 18 (AS-18) Related Party Disclosures
 issued by ICAI, The related parties are as follows:
 
 Related Party Disclosures:
 
 (a) Relationship :-
 
 (i) Subsidiaries / Associates Company:
 
 1) Sneh Shares & Securities Pvt. Ltd. - Promoter Company
 
 2) IndiaNivesh Securities Pvt. Ltd. - Subsidiary
 
 3) Siddhi Multi-Trade Pvt.Ltd. - Subsidiary
 
 4) IndiaNivesh Investment Advisors Pvt.Ltd.- Subsidiary
 
 5) IndiaNivesh Fund Managers Pvt.Ltd.- Step down Subsidiary
 
 (ii) Key Managerial Personnel:
 
 1) Rajesh Nuwal - Managing Director
 
 Note: Related party relationship is as identified by the Company and
 relied upon by the Auditors.
 
 5.  On the basis of the information available with the Company, there
 are no suppliers registered under the Micro, Small and Medium
 Enterprises Development Act, 2006. Hence, information as required by
 the said Act is not given
 
 6.  Special Reserve Fund has been created @ 20% of the net profit for
 the year as provided by Section 451(C) of the Reserve Bank of India
 Act, 1934.
 
 7.  Other additional information''s as per Revised Schedule VI part II
 is either nil or not applicable to the company.
 
 8.  Consequent to the NOTIFICATION NO. S.O. 447(E), DATED 28-2-2011
 [AS AMENDED BY NOTIFICATION NO. F.NO. 2/6/2008-CL-V, DATED 30-3-2011]
 the above financial statements have been presented in accordance with
 the Revised Schedule VI. As required under the said notification
 corresponding figures for the previous year have been reclassified and
 presented in accordance with the current year presentation.
 
 Note 1 to 33 annexed hereto forms part of the Balance Sheet and
 Statement of Profit and Loss