Each equity shareholders has 1 voting right. All equity shareholders
 have equal rights in proportion to the holding.
 
 The Company has declared dividend Rs. 2,54,31,421 (Previous year Rs.
 10,17,25,684 representing 10% (Previous year 40%) Paid up Capital and
 Rs. 0.10 per share (Previous year Rs. 0.40 per share)
 
 
 Details of Security and Repayment Terms
 
 1. Secured Non-Convertible Debentures of Rs. 1,000,000,000/- are
 secured by way of pan passu charge on Mortgage of immoveable properties
 situated at GIDC Vatva, GIDC Panoli, GIDC Dahej, GIDC Ankleshwar and
 Village Chharodi, Taluka Sanand, District - Ahmedabad.
 
 2. Redemption detail of 10.4% secured Non Convertible Debenture Rs.
 1,000,000,000
 
 
 3. External Commercial borrowing of USD 11,000,000 equivalent to Rs.
 51,13,90,000 from Standard Chartered Bank, Ahmedabad. The facility is
 secured by First charge on all the present and future Movable Fixed
 assets financed under term loan including movable fixed assets held at
 CH-1-2/A, GIDC Dahej, Taluka Varga, Bharuch and repayable in 13
 installment of USD 785400 of each and last installment of USD 789,800
 and interest @ 3 Month LIBOR  2.5%.
 
 4. The interest rate on working capital facilities from State Bank of
 India, HDFC Bank Limited and ICICI Bank Limited (Collectively known as
 consortium Bankers) varies within the range of 10.95% to 14.50% (both
 inclusive) and are secured by:-
 
 a) First Pan Passu charge created on 25.05.2005 to State Bank of India
 (with HDFC Bank Limited and ICICI Bank Ltd.) by way of hypothecation of
 the entire stock of raw material, work in process, finished goods,
 stores and spares and receivables.
 
 b) First Pan Passu charge on immovable properties to State Bank of
 India (with HDFC Bank Limited and ICICI Bank Ltd.) as collateral
 security for the working capital facilities.
 
 c) The indenture of the mortgage created on immovable porperties are
 located at:
 
 i) Plot No. 168,180,183 and 184 of GIDC Industrial Estate Vatva
 Ahmedabad;
 
 ii) Block No. 402,403,404 and 404 at Village Chharodi, Taluka Sanand,
 District Ahmedabad
 
 iii) Plot No. 21 & 21/1 of GIDC Industrial Estate Panoli, Taluka
 Ankleshwar,
 
 iv) Plot NO. 5001/B of GIDC Industrial Estate, Ankleshwar,
 5 Short Term Loan from bank includes Commercial papers Rs. NIL
 (Previous Year Rs. 200,000,000) having maturity date of 21 April 2011
 with an interest rate of 8.95%.
 
 IPO Refund Payable represents share application money
 received at the time of IPO and pending for refund due to
 non-traceability of investors. The Company has kept the balance of such
 money in a separate account with Bank and as informed to statutory
 authorities no interest thereon is provided.
 
 Provision for Interest-Micro, Small and Medium Enterprises
 
 The Company has received certain intimation from Suppliers regarding
 their status under Micro, Small and Medium Enterprises Development
 Act, 2006 and accordingly, the company has provided for interest of
 interest of Rs. 1,393,523 (Previous Year Rs. 509,443) being payable as
 required under the said act.
 
 
 As per revised Account in Standard 15(AS-15) Employees Benefits, the
 Company has recognized in the financial statements in respects of
 Employee Benefits Schemes as per Actuarial Valuation as on 31st March,
 2012.
 
 
 1.  SEGMENT REPORTING
 
 For management purpose, the Company is currently organised into two
 major operating divisions - Pigments and Agro Chemicals.  These
 divisions are the basis on which the Company reports its primary
 segment information.  Principal activities are as follows:
 
 Pigments division
 
 To Manufacture and distribute Phthalocynlne Green 7, Copper
 Phthalocynine Blue (CPC), Alpha Blue and Beta Blue.
 
 Agrochemicals division
 
 To Manufacture and distribute Technical, Intermediates and Formulations
 of Insecticides.
 
 A. Analysis By Business Segment 
 
 Segment revenue and expense:
 
 Segment revenue and expense are the operating revenue and expense
 reported in the Company''s profit and loss statement that are directly
 attributable to a segment and the relevant portion of such revenue and
 expense that can be allocated on a reasonable basis to a segment
 
 Segment assets and liabilities:
 
 Segment assets include all operating assets used by a segment and
 consist principally of operating receivables, Inventories and property,
 plant and equipment, net of allowances and provisions. Capital
 Expenditure includes the total cost incurred to acquire property, plant
 and equipment directly attributable to the segment. Segment liabilities
 include all operating liabilities and consist principally of trade
 payables and accrued expenses.
 
 Inter-segment transfers:
 
 Segment revenue and expenses include transfers between business segments. 
 Inter-segment sales are charged at prevailing market rates. 
 These transfers are eliminated at the Company level.
 
 b) Analysis By Geographical Segment
 Segment Revenue:
 
 Segment revenue is analysed based on the location of customers
 regardless of where the goods are produced. The following provides an
 analysis of the Companys'' sales by geographical Markets:
 
 c) Segment assets and Capital expenditure:
 
 Segment assets and capital expenditure are analysed based on the
 location of those assets.  Capital expenditure includes the total cost
 incurred to purchase property, plant and equipment.
 
 An analysis of the carrying amount of segment assets and capital
 expenditure by geographical locations is not presented, as the assets
 are all located in India.
 
 
 2.  RELATED PARTIES DISCLOSURES :-
 
 
 Holding Company      Nil
 
 Subsidiaries 
 of the company       Meghmani Organics USA, Inc. (MOL-USA)
 
                      Meghmani Europe BVBA(MOL-EUROPE)
                      Meghmani Energy Limited (MEL)
                      Meghmani Finechem Limited (MFL)
                      PT Meghmani Organics Indonesia
                      (MOL-INDONESIA)
                      Meghmani Chemtech Limited (MCTL)
                      Meghmani Overseas FZE - Dubai
 
 Enterprises In 
 which Directors &    Meghmani Pigments
 Key Managerial 
 Personnel [KMP]      Ashish Chemicals
 have significant 
 influence:           Tapsheel Enterprise
                      Meghmani Dyes and Intermediates Ltd.
                      Meghmani Industries Limited
                      Meghmani Chemicals Limited
                      Fidelity Exports Private Limited
                      Panchratna Corporation
 
 Key Managerial 
 Personnel            Mr. Jayanti M Patel
                      Mr. Ashish N Soparkar
                      Mr. Natwarlal M Patel
                      Mr. Ramesh M Patel
                      Mr.AnandlPatel
 
 Relatives of Key 
 Managerial 
 Personnel            Ms. Deval Soparkar
 (Employee)           Mr. Kama R Patel
                      Mr.AnkitN Patel
                      Mr. Darshan I Patel
 Relatives of Key 
 Managerial 
 Personnel            Mr. KM Patel (Consultant)
                      Mr. Saurabh Soparkar
 
 Joint Venture        Trience Speciality Chemicals Pvt Ltd.