1. Contingent Liabilities not Provided for
 
                                                    (Rs. in Lacs)
 
 S.No Particulars                         2010-11           2009-10
 
 a Bank Guarantees                        96.70              120.89
 
 b Claims a gain st the company not
   acknowledged as debts                  28.83               36.74
 
 2. Sundry Creditors
 
 i, in respect of the amounts mentioned under section 205C of the
 Companies Act, 1956 no dues are to be credited to the Investor
 Education and Protection Fund as at March 31st, 2011.
 
 ii.  Disclosure as per the provision of Micro,Small and Medium
 Enterprises Development Act, 2006.
 
 3. Deferred Tax Liability:
 
 In conformity with Accounting Standards 22 on Accounting for Taxes on
 Income issued by Institute of Chartered Accountants of India, the
 Company hasprovided for the Deferred Tax Liability in the books of
 Accounts,
 
 4. Segment Information:
 
 The Company has identified two reportable segments viz., Seed Division
 and Micro Nutrients Division. Segment have been identified and reported
 taking into account nature of products and service, the differing risks
 and returns and the interna] business reporting systems. The accounting
 policies adopted for segment reporting are in line witli the accounting
 policy of the company with following additionaI policies for segment
 reporting.
 
 5. Some of the balances under sundry debtors, sundry creditors,
 deposits, loans and advances payable / receivable are subject to
 confirmation and reconciliation,
 
 6. Previous year''s figures have been regrouped/rearranged wherever
 necessary, to conform to those of the current year,