1 Corporate information
 
 The Company is engaged in the manufacture of Steel Forgings . The
 plants for manufacture are located at Singampunari-Pasumpon
 Muthuramalingam District, Viralimalai-Pudukkottai District and
 Karainaithangal Village- Kanchipuram District, all within the state of
 Tamil Nadu. The company has its Wind Farm at Panakudi Village-
 Tirunelveli District and at Meenakshipuram, Theni District.
 
 (2) Aggregate number and class of shares allotted as fully paid up
 pursuant to contract(s) without payment being received in cash, bonus
 shares and shares bought back for the period of 5 years immediately
 preceding the Balance Sheet date.
 
 Note: Long-term loans and advances - No dues from Directors, Officers
 of the Company, Firms in which any Director is a partner or any Private
 Limited Companies in which any Director is a Director
 
 Of the above, the balances that meet the definition of Cash and cash
 equivalents as per AS 3 - Cash Flow Statement is Rs 92.69 Lakhs. (As
 at 31st March 2011Rs44.50 Lakhs)
 
 Note: Balances with banks include deposits amounting to Rs49.01 Lakhs (As
 at 31 March, 2012) which have an original maturity of more than 12
 months. (As at 31st March 2011- Rs 77.84 Lakhs)
 
 Note: Short-term loans and advances - No amount is due from any
 Directors, Other Officers of the Company, Firms in which any Director
 is a partner, Private Companies in which any Director is a Director
 
 Note 3 Additional information to the financial statements
 
 3.1 Contingent liabilities and commitments (to the extent not provided
 for)
 
 3.1.1 Contingent Liabilities - Foreign Bills Discounted with Bank
 1,120.32 744.61
 
 4.1 - Claims against the Company not acknowledged as debts
 
 The Company has received claim from Commercial Taxes Department -
 Demanding a sum of Rs 196.64 lakhs, on the ground that forgings falls
 under automobile components.
 
 In matters of similar nature, Sales Tax Appellate Tribunal has already
 deleted the demand by the department.  Hence no provision is required
 in this regard. The Company has already paid a sum of Rs 116.38 lakhs
 against the same, which is treated as advance refundable