1.1 Nil (54,307,500) Equity shares out of issued, subscribed and paid
 up capital allotted as fully paid up bonus shares by capitalisation of
 capital redemption reserve and share premium account during the period
 of five years immediately preceding the reporting date.
 
 Security:
 
 The debentures are secured by first exclusive charge on movable and
 immovable fixed assets (including land and building situated at
 Gandhinagar, Gujarat) of transmission & distribution division and
 infrastructure division of Company to the extent of 1.25 times of NCDs
 outstanding.
 
 2.1 Rupee Loans:
 
 (a) Rupee loans from NBFC carries interest of 10.25% p.a. and is
 repayable in 35 equal monthly instalments along with interest. The loan
 is secured by hypothecation of specific movable fixed assets of the
 Company.
 
 (b) Rupee loans from Bank carries interest in the range of 6.99% -
 10.85% p.a. and is repayable in 35 / 36 equal monthly instalments along
 with interest. The loan is secured by hypothecation of Vehicles.
 
 3.1 The amount outstanding to Micro, Small and Medium Enterprises is
 based on the information received and available with the Company. There
 are no overdue amount.
 
 4.1  In the opinion of the management the balances shown under trade
 receivable, accrued value of work done, loans and advances and other
 assets, whether current or non current, have approximately the same
 realizable value as shown in the accounts. However, these balances are
 subject to confirmations.
 
 5.  The Management is of the opinion that as at the Balance Sheet
 date, there are no indications of a material impairment in the value of
 fixed assets. Hence, the need to provide for an impairment loss does
 not arise.
 
 6.  Financial figures of foreign operations of the company''s overseas
 branches in Philippines, Algeria, Ethiopia, Kenya, Abu Dhabi, Tanzania,
 Qatar, Kuwait and South Africa have been incorporated on the basis of
 balance sheets and statement of profit and loss audited locally at the
 respective branches. In respect of overseas branches in Nepal, Congo
 and Ukraine, financial statements for the year have been prepared and
 audited in India.
 
 7.  Advance taxes paid, including tax deducted at sources are shown as
 assets net of provision of tax including foreign tax. Provision for tax
 (including foreign tax) is made after considering depreciation,
 deductions and allowances as per applicable tax statutes and
 regulations there under.
 
 8.  Retirement benefit plans:
 
 a) Defined contribution Plans
 
 The Company made contribution towards provident fund, a defined
 contribution retirement benefit plan for qualifying employees. The
 provident fund plan is operated by the Regional Provident Fund
 Commissioner. The Company recognized Rs 679.75 lacs (Previous Year Rs
 674.64 lacs) for provident fund contributions in the statement of
 profit & loss. The contributions payable to these plans by the company
 are at rates specified in the rules of the scheme.
 
 b) Defined benefit plans
 
 The Company made annual contributions to the Employee''s Group Gratuity
 cash accumulation scheme of the Life Insurance Corporation of India, a
 funded defined benefit plan for qualifying employees. The scheme
 provides for payment to vested employees at retirement/death while in
 employment or on termination of employment of an amount equivalent to
 15 days salary payable for each completed year of service or part
 thereof in excess of six months. Vesting occurs upon completion of five
 years of service.
 
 The present value of the defined benefit obligation and the related
 current service cost were measured using the Projected Unit Credit
 method as per actuarial valuation carried out at the balance sheet
 date.
 
 The following tables sets out the status of the gratuity plan as
 required under AS-15 and the amounts recognized in the Company''s
 financial statements as at March 31, 2012.
 
 9.  The Company''s significant leasing/ licensing arrangements are
 mainly in respect of residential / office premises and equipments,
 which are operating leases. The aggregate lease rental payable on these
 leasing arrangements are charged as rent and equipment hire charges in
 these accounts amounting to Rs 2,304.07 lacs (previous year Rs 4,900.38
 lacs) These leasing arrangements are for a period not exceeding 5 years
 and are in most cases renewable by mutual consent, on mutually
 agreeable terms. Future lease rental payable in respect of assets on
 lease for not later than 1 year is Rs 828.32 lacs (previous year Rs
 539.85 lacs) and for later than 1 year but not later than 5 years is Rs
 347.44 lacs (previous year Rs 374.09 lacs).
 
 10.  Related Party disclosure as required by Accounting Standard -18 is
 as below:
 
 (a) List of Related Parties
 
 i.  Subsidiaries
 
 - JMC Projects (India) Limited
 
 - Shree Shubham Logistics Limited
 
 - Energy Link (India) Limited
 
 - Amber Real Estate Limited
 
 - Kalpataru Power Transmission (Mauritius) Limited
 
 - Kalpataru South Africa (Pty) Limited
 
 - Kalpataru Power Transmission Nigeria Limited
 
 - Kalpataru Power Transmission USA INC
 
 - Adeshwar Infrabuild Limited
 
 - Jhajjar Power Transmission Private Limited
 
 - Kalpataru Power Transmission Netherlands BV
 
 ii.  Indirect Subsidiaries:
 
 - JMC Mining and Quarries Limited
 
 - Saicharan Properties Limited
 
 - Brij Bhoomi Expressway Private Limited
 
 - Wainganga Expressway Private Limited
 
 - Kalpataru Power JLT
 
 iii Enterprises under significant influence, which are having
 transaction with Companies:
 
 - Kalpataru Properties Private Limited
 
 - Kalpataru Theatres Private Limited
 
 - Property Solution (India) Private Limited
 
 - P.K. Velu & Co. Private Limited
 
 - Kalpataru Enterprises
 
 - Kalpataru Limited
 
 iv Key Management Personnel:
 
 - Pankaj Sachdeva - Managing Director
 
 - Manish Mohnot - Executive Director
 
 v Individuals having significant influence :
 
 - Mofatraj P. Munot - Promoter Director
 
 - Parag Munot - Promoter Director
 
 vi Joint Ventures :
 
 - Jhajjar KT Transco Private Limited
 
 - Gestamp Kalpataru Solar Steel Structure Private Limited (Formerly
 known as : Kalpataru Metfeb Private Limited)
 
 # T & D - Transmission and Distribution; RED - Real Estate; BM -
 Bio-mass Energy; INFRA - Infrastructure ,
 
 * Figures in bracket represent previous year numbers.
 
 Notes:
 
 Geographical segment considered for disclosure are as follows:
 
 Revenue within India includes sales and services to customers located
 within India.
 
 Revenue outside India includes sales and services to customers located
 outside India.
 
 11. (1) The Company has entered into consortium with
 
 (a) JSC Zangas, Russia separately for four gas pipeline projects (i)
 Vijaipur to Kota, (ii) Panvel to Dabhol (iii) Vijaipur to Dadari and
 (iv) Dadari-Panipat.
 
 (b) JMC Projects (India) Limited and G.B. Yadav for railway projects as
 KPTL-JMC-Yadav JV.
 
 (c) GPT Infrastructure Limited for railway projects as GPT-KPTL JV.
 
 Revenue, expenses, assets and liabilities for contracts awarded to
 aforesaid consortiums and executed by the Company under work sharing
 arrangements are recognized on the same basis as similar contracts
 independently executed by the Company.
 
 12.  A sum of Rs 1,554.85 Lacs is receivable (Previous year Rs 1,065.54
 Lacs) from eligible Certified Emission Reduction (CERs) from Senter
 Novem, an agency of Government of Netherland & Atmosfair GmbH of
 Germany , on account of generation of electricity from agricultural
 residues like mustard husk and cotton sticks at Sri Ganganagar & Tonk
 Power Plants under the Clean Development Mechanism (CDM) of Kyoto
 Protocol for preventing environmental degradation. The same have been
 accounted for at contracted price on accruable basis up to March 31,
 2012.
 
 13.  Contingent Liabilities in respect of :           (Rs. in Lacs )
 
                                           March 31,2012  March 31,2011
 
 i) Bank guarantees given by the Company.     466.11        707.52
 
 ii)  Claims against Company not 
 acknowledged as debt                         407.61      1,625.88
 
 iii) Bonds/Undertaking given by the 
 Company for concessional duty/exemption 
 to customs                                 1,611.09      1,485.39
 
 iv) Show Cause Notices issued by the
 Service tax/Entry Tax/ Stamps authority, 
 disputed by the company                       42.91         41.63
 
 v) Penalty for delayed payment of
 Service tax disputed before Appellate 
 authority already stayed unconditionally   1,757.70      1,757.70
 
 vi) G uarantees & Letter of Comfort on 
 behalf of a Subsidiary Company              1000.00      2,053.68
 
 vii) Service-tax /VAT/WCT disputed 
 in Appeals                                   404.56        474.56
 
 viii)     Bills Discounted                 7,547.78     10,046.25
 
 
                                                     ( Rs. in Lacs )
 
 14.                                March 31, 2012   March 31, 2011
 
 Estimated amount of contracts 
 remaining to be executed not 
 provided for                          4,850.81         610.24
 
 15.  The Company prepares and presents its financial statements as per
 Schedule VI to the Companies Act, 1956, as applicable to it from time
 to time. In view of revision to the Schedule VI as per a notification
 issued during the year by the Central Government, the financial
 statements for the financial year ended March 31, 2012 have been
 prepared as per the requirements of the Revised Schedule VI to the
 Companies Act, 1956. The previous year figures have been accordingly
 regrouped / re-classified to conform to the current year''s
 classification.