1.  Contingent Liabilities not provided for:  
                                                     (Rs. in Lakhs)
 
 Sl.
 No.  Particulars                        2010 - 2011    2009 - 2010
 
 1 Bank Guarantees/Letters of 
 Credit issued                             109096.00       63827.08 
 by the banks on behalf of the Company.
 
 2 Corporate Guarantees issued by 
 the Company                               107849.00       78691.51 
 on behalf of its subsidiaries 
 and others
 
 3 Disputed Sales Tax (on appeal)             974.03         974.03
 
 4 Disputed Entry Tax                            -            36.16
 
 5 Income-tax demand contested 
 in appeal.                                  7189.30        1784.37
 
 2. The long term unquoted investments in equity shares of subsidiary
 companies as given hereunder and included in Schedule V are pledged
 with Banks and Financial Institutions which have extended loan
 facilitates to the respective investee companies.
 
 3. The Income Tax assessments of the Company have been completed up to
 the assessment year 2008-09. The disputed demand outstanding up to the
 said assessment year is Rs.7189.30 lakhs. Based on the decision of the
 appellate authority and the interpretation of the relevant provisions,
 the company has legally advised to go on further appeal and thereby the
 demand is likely to be deleted or substantially reduced and accordingly
 no provision has been made in the books.
 
 4.  Turnover (Civil Engineering Projects) include, machinery and
 equipment supplied to Simhapuri Energy Private Limited (Subsidiary
 Company) Rs. 632.77 as part of EPC contract.
 
 5.  Segmental Reporting:
 
 The Company''s operations predominantly consist of construction /
 project activities. Hence there are no reportable segments under
 Accounting Standard - 17.
 
 6.  Joint Ventures:
 
 The Company has financial interest in the following Joint Ventures:
 
 (i) Madhucon ABCI JV
 
 (ii) Madhucon Sree Rama JV
 
 (iii) Madhucon Valay JV
 
 (iv) Madhucon CGGC JV
 
 Foreign Joint Ventures:
 
 (i) Madhucon Bina Puri JV (ii) Madhucon Sino-Hydro JV
 
 7.  Micro & Small Enterprises
 
 The Management has taken steps to identify the enterprises which have
 provided goods & services to the company and which qualify under the
 definition of Micro and Small Enterprises, as defined under Micro,
 Small and Medium Enterprises Development Act, 2006. Accordingly, the
 disclosure in respect of the amounts payable to such enterprises as on
 31st March, 2011 has been made in the financial statements based on
 information received and such amount outstanding as on 31st March, 2011
 to Micro and Small Enterprises is NIL, which the auditors have relied
 upon.  Further, in the view of the Management, the impact of interest,
 if any, that may be payable in accordance with the provisions of the
 Act is not expected to be material.
 
 8.  In accordance with Accounting Standard 11 (revised) the net
 exchange gain/(Loss) credited to profit & loss account is Rs. 6.10
 Lakhs (previous year net exchange gain credited Rs. 1.48 lakhs) and
 foreign exchange difference (net) on capital account included in the
 cost of respective asset is Rs. Nil (previous year: Rs.Nil ).
 
 9.  Related Party Transactions:
 
 Following are the list of related parties and relationships
 
 A.  Subsidiary Companies
 
 1.  Madhucon Infra Limited
 
 2.  Madurai – Tuticorin Expressways Limited
 
 3.  Madhucon Energy Limited
 
 4.  Madhucon Mega Mall Private Limited
 
 5.  Nama Hotels Private Limited
 
 6.  Madhucon Heights Private Limited
 
 7.  Agastyamuni Hydro Power Private Limited
 
 8.  Rudraprayag Hydro Power Private Limited
 
 9.  Tilwara Hydri Power Private Limited
 
 10.  Madhucon Natural Resources Limited, Singapore
 
 11.  Madhucon Oil & Gas Limited, Ghana
 
 B.  Step down Subsidiaries
 
 12.  TN (DK) Expressways Limited
 
 13.  Trichy - Thanjavur Expressways Limited
 
 14.  Madhucon Agra-Jaipur Expressways Limited
 
 15.  Chapra HajipurExpressways Limited
 
 16.  Barasat-Krishnagar Expressways Limited
 
 17.  Ranchi Expressways Limited
 
 18.  Simhapuri Energy Private Limited
 
 19.  PT Madhucon Indonesia
 
 C.  Associates
 
 20.  M.B.N.Anchored Earth Limited
 
 21.  Madhucon Properties Limited.
 
 22.  Madhucon Toll Highways Limited
 
 23.  Ramnagar Power Private Limited
 
 D.  Enterprises where significant influence exists
 
 24.  Nama Investments Limited
 
 25.  Madhucon Granites Limited
 
 26.  Madhucon Info Tech Limited
 
 27.  Madhucon Land Developers Limited
 
 28.  Madhucon Sugars and Power Industries Limited
 
 29.  Madhucon Estates Limited
 
 30.  Nama Properties Limited
 
 31.  NNR Infra Investments Private Limited
 
 32.  Rajanagaram Gas Power Private Limited
 
 E.  Joint Ventures
 
 33.  Madhucon Bina Puri JV
 
 34.  Madhucon Sino-Hydro JV
 
 35.  Madhucon ABCI JV
 
 36.  Madhucon Valay JV
 
 37.  Madhucon Sree Rama JV
 
 38.  Madhucon CGGV JV
 
 F.  Key Management Personnel and their relatives:
 
 39.  Sri Nama Seethaiah Managing Director
 
 40.  Sri S. Vaikuntanathan Whole-time Director
 
 10.  Consolidation of Accounts :
 
 In accordance with the Accounting Standards AS-21 and AS-23 on
 Consolidated Financial Statements read with Accounting Standard AS-27
 on Accounting for Investments in Subsidiaries/Associates/JVs, the
 figures of the subsidiaries are consolidated with the parent company.