1.  Contingent Liabilities
 
 Particulars                                 As at        As at
                                             31-Mar-2011  31-Mar-2010
                                                   (Rs.)        (Rs.)
 
 Guarantee given on behalf of Body Corporate   23,00,000    23,00,000
 
 Income Tax                                  2,77,39,305  3,58,32,426
 
 Sales Tax matters in dispute (including       73,67,782    91,63,243
 interest wherever applicable)
 
 
 2. There is no Micro and Small Enterprises, to whom the Company owes as
 at 31st March, 2011. This information as required to be disclosed under
 the Micro, Small and Medium Enterprises Development Act, 2006 has been
 determined to the extent such parties have been identified on the basis
 of information available with the Company.
 
 3.  Managerial Remuneration
 
 Note:
 
 Since no commission is payable to any managerial person, computation of
 net profit u/s 349 of the Companies Act, 1956 is not given.
 
 4.  Retirement Benefit
 
 A) Defined Benefit Plans
 
 The following table sets Out the funded status of the gratuity plan and
 unfunded status of Leave Encashment and the amounts recognized in the
 Company''s financial statements as at 31st March, 2011
 
 a) Gratuity Fund (Funded)
 
 vii) Amounts forthe current and previous three years are as follows:
 
 Note: Since Company has started providing the gratuity as per AS-15
 (Revised) from 2007-08, figures are given for four years.
 
 b) Leave encashment
 
 Net expenses recognised during the year is Rs. 11,20,708/- (Previous
 Year Rs. 5,78,109/-) B) Define contribution plan
 
 5.  Borrowing costs of Rs. Nil/- (Previous Year Rs. 13,21,158/-) on
 loans for acquiring is added to the cost of respective fixed assets
 
 6.  Segment Reporting
 
 Primary Segment
 
 In accordance with Accounting Standard 17 Segment Reporting the
 Company has single business segment of marketing of FMCG products and
 there are no other primary reportable segments.
 
 Secondary Segment
 
 The Company mainly caters to the needs of the domestic market and
 accordingly there is only one geographical segment.
 
 7.  Related Party Disclosures
 
 Related party disclosures, as required by Accounting Standard 18 -
 Related Party Disclosures issued by the Institute of Chartered
 Accountants of India, are given below:
 
 A) Names of related parties and description of relationship:
 
 (a) Associates:
     Rasoi Limited
     Hindustan Composites Limited
 
 b) Key Management Personnel (KMP) and Relatives of KMP
 
    Mr. R. N. Mody, Chairman
 
    Mr. Varunn Mody, Director (Executive Director upto 
        15th January, 2011)
 
    Mr. Kuldip Singh Brar, Director
 
    Mr. AtulTandan, Director
 
    Mr. ShamsunderGopaldasAggarwal, Director
 
    Mrs. Sumitra Devi Mody (Wife of Mr Raghu N Mody, Chairman)
 
 Details of Loan & Advances as per clause 32 of Listing Agreement
 
 Notes:
 
 (i) No amount pertaining to related parties have been provided for as
 doubtful debts. Also, no amount has been written off/ back
 
 (ii) The related parties are identified based on information available
 with the Company
 
 8.  During the year, an amount of Rs.2,26,42,498/- representing Sales
 tax deferment loan arising on prepayment option exercised by the
 company, has been written back and is reflected under head Other
 Operating Income.
 
 9.  Information required as per part II of Schedule VI of the
 Companies Act, 1956. 
 
 (A) Own Manufacturing Goods : Not Applicable
 
 (C) Production : NotApplicable
 
 (D) Raw Material Consumed : Not Applicable
 
 (E) Percentage Of Raw Materials Consumed : NotApplicable
 
 10.  Previous year''s figures have been regrouped/re-arranged and
 reclassified wherever considered necessary.