1) Contingent liability not provided for:
 
 Particulars                            Current Year      Previous Year    
                                        (Rs.Inlacs)       (Rs.In lacs)
 
 a) BankGuarantees                          740.70             200.14
 
 b) Corporate Guarantees given 
 against loan taken by related 
 parties.                                     Nil             5000.00
 
 c) Corporate Guarantee of 15 million 
   Euro given by the Company for 12million 5906.25            9600.00 
   Euro Loan availed by Lloyd Coils Europe 
   s.r.o.a wholly owned subsidiary.  
   Out standing as at March31,2011 is Euro 
   7.50 million.
 
 d)
 
 (i) Stand by Line of Credit of Euro 2.5 
    million given by the Company for       1575.00                -
    Euro 2.25 million working capital 
    facility availed by Lloyd Coils
    Europe s.r.o.a wholly owned subsidiary.
 
 (ii) Stand by Line of Credit of Euro 2.34 
     million given by the Company for      1474.00                -
     Euro 1.90 million working capital 
     facility availedbyJanka Engineering
     s.r.o a wholly owned subsidiary.
 
 (iii) LetterofComfortofEuro1.61 million 
       hasbeen issued on behalf of         1014.30                -
       foreign wholly owned subsidiaries.
 
 2) Contracts remaining to be executed Rs.282.58lacs Rs.2500.00 lacs on
 capital account and not provided for
 
 3) Micro and Small Scale Business Entities:
 
 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.  Accordingly, there were no interest due on
 the principal amount, not there was necessity to pay interest for
 delayed payment in terms of section 16 of the Micro,Small and Medium
 Enterprises Development Act.
 
 4) Investment in Subsidiary Company:
 
 During the year,the Company, Lloyd Electric & Engineering Ltd. Invested
 Euro 1.2 Million (equivalent to INR716.47 lacs) towards capital
 contribution of Lloyd Coils Europe s.r.o.
 
 During the year under review,the Company extended shareholders loan of
 Euro 1.5 million (equivalent to INR 944.36 lacs) to its wholly owned
 subsidiary, Lloyd Coils Europe.On loan outstanding interest is INR
 33.31 lacs at 31 st March 2011. The loan of EURO 0.15 million
 (equivalent to INR 89.25 lacs) given to Janka Engg.s.r.o.and interest
 is INR 6.34 Lacs as on 31st March,2011.
 
 5) Unquoted investment in subsidiary Company:
 
 Unquote investment in subsidiary companies is of long-term strategic
 value. In the opinion of the management, the current diminution in the
 value of these investments is temporary in nature considering the
 inherent value and nature of investee''s business proposal and hence no
 provision is required.
 
 7) Capital work in progress:
 
 Capital workin progress amounting to Rs.2233.67 Lacs.
 
 8) Related Party Disclosures: (in which some Directors are interested)
 
 A.  Related Companies:-
 
 Name of Company                     Nature of Relationship
                                    (Associate Co/ Subsidiary 
                                     Co/Directors Interested)
 
 Airserco Pvt.Ltd.                    Director Interested
 
 Fedders Lloyd Corporation Ltd        Director Interested
 
 Perfect Radiators &Oil Coolers 
 Pvt.Ltd.                             Director Interested
 
 PSL Engineering Pvt.Ltd.             Director Interested
 
 Regal InformationTechnology 
 Pvt.Ltd.                             Director Interested
 
 Fedders Lloyd Trading FZE            Director Interested
 
 Foreign Subsidiary Company:
 
 Lloyd Coils Europe s.r.o.        100% Subsidiary
 
 Lloyd Electric FZE               100%Subsidiary
 
 Janka Engineering s.r.o.         100% Subsidiary
 
 B.  Key Management Personnel- Mr. Br ij Raj Punj Chairman and Managing
 Director Mr.A.K.Roy WholeTime Director Mr.MukutSharma Chief Financial
 Officer cum WholeTime Director
 
 11) Previousyear figures have been regrouped and recast wherever
 necessary.
 
 12) In the opinion of the Board, the current assets are approximately
 of the value as stated, if realized in the ordinary course of business.
 The provision for depreciation and for all known liabilities is
 adequate and not in excess of the amount reasonably considered
 necessary. Income accrued has been accounted for in the books.
 
 13) Schedules A to S form an integral part of accounts and are duly
 authorized.