1. Number of employees who are employed throughout the year and were in
 receipt of a remuneration exceeding Rs. 24,00,000/- per annum or if
 employed for a part of the year and were in receipt of a remuneration
 at a rate which in aggregate was not less than Rs. 200,000/- per month
 is NIL.
 
 2. Earning & Expenditure in foreign currency.           Nil         Nil
 
 3. Directors Remuneration.                             Nil         Nil
 
 4. Auditors Remuneration (Audit fees)              7,000.00    7,000.00
 
 (Other Matters)                                    9,250.00    9,250.00
 
 5. No provision for Gratuity is made as there is no liabilities for the
 same.
 
 6. Previous years figures have been regrouped, rearranged and recasted
 wherever necessary.
 
 7. The Company is Registered with Reserve Bank of India as NBFC and the
 accounts has been prepared on the basis of relevent RBI Guidelines.
 
 8. In the opinion of the Board and to the best of knowledge and belief
 the Current Assets, Loans and Advances are approximately of the value
 stated, if realised in the ordinary course of business and the
 provision for all known and determined liability is adequate and not in
 excess of the amount reasonably required.
 
 9. Additional information pursuant to the provisions of paragraph III,
 (4C), (4D) of part II of Schedule VI of Companies Act, 1956 is either
 Nil or not applicable hence not given.
 
 10. Segment Reporting
 
 The Company is engaged solely in Investment activity segment and all
 activities of the company revolve around this business. As such there
 are no other reportable segment as defined by Accounting Standard 17 on
 segment reporting issued by the Chartered Accountatns of India.
 
 Related Party Disclosure (Accounting Standard 18)
 
 Pursuant to requirement of Accounting Standart 18; Related Party
 Disclosure, following information is furnished:
 
 Name of the Related Party             Nature of      Nature of
                                    relationship      Transaction
                                                      and its volume
 
 1. Naman Finance & Inv. Pvt. Ltd.  wholly owned      Subscribed 100%
                                      Subsidiary      paid up capital of
                                                      Rs. 7250000
 
 2. Ghewar Inv. & Trading Co. P. Ltd.          -      Subscribed 100%
                                                      paid up Capital of
                                                      Rs. 6850000
 
 3. Kanishtha Fin. & Inv. Pvt. Ltd.            -      Subscribed 100%
                                                      paid up Capital of
                                                      Rs. 9500000
 
 4. Rutgers Inv. & Trading Pvt. Ltd.           -      Subscribed 100%
                                                      paid up Capital of
                                                      Rs. 11500200
 
 The Company confirmed that none of the transactions, if any, with the
 related parties were in material conflict with the interest of the
 Company.
 
 Key Management Personnel.
 
 Shri G. M. Loyalka
 
 Deferred taxes on Income
 
 As per the requirement of Accounting Standard 22 Accounting for taxes
 on Income issued by the Chartered Accountants of India. As the Company
 does not have any material deferred tax assets/liability hence not
 considered.