1.  In the opinion of the Board, current assets, loans and advances
 have a value on realization at least equal to the account at which they
 are stated in the books of accounts and provision for all known
 liabilities have been made, except as mentioned otherwise.
 
 2.  The Company is engaged in the business of Telecom System
 development and electronic hardware and software trading and other
 product and there are no separate reportable segment as per Accounting
 Standard (AS) 17 on segment reporting.
 
 3.  In accordance with the Accounting Standard (AS) 28 on Impairment
 of Assets issued by the Institute of Chartered Accountants of India,
 the company assesses potential generating of economic benefits from its
 business assets and is of the view that assets employed in continuing
 business are capable of generating adequate returns over their useful
 lives in the usual course of business. There is no indication to the
 contrary and accordingly the management is of the view that no
 provision is called for in the accounts for the year.
 
 4.  Deferred Tax:
 
 The Company estimated deferred tax Assets / Liabilities using the
 applicable rate of taxation based on the impact of the timing
 differences between financial statements and estimated taxable income
 for the current year. Deferred tax Liability for the year aggregating
 to Rs.  405,064/-(Rs. 5,09,211/-) has been recognized in Profit & Loss
 Account. The net deferred tax liability as at 31st March, 2010 is given
 below:
 
 Deferred Tax Liability               31/03/2010          31/03/2009
 
                                           Rs.                Rs.
 
 Depreciation                          66,27,146            62,22,082
 
 Deferred Revenue Expenditure             38,145               38,145
 
 Net Deferred Tax (Assets)/Liability   66,65,291            62,60,227
 
 5.  Income and Expenditure in Foreign Currency:
 
 Income in Foreign Currency: 
 f
 Export Sales                  : Rs. 42.20 Lacs (Nil)
 
 Expenditure in Foreign Currency:
 
 Imports of Raw Material         Rs. Nil (635800/-(CIF))
 
 Imports of Machinery and Tools  Rs. 32.57 lacs (Nil)
 
 6.  The balances of debtors, creditors, loans & advances are subject
 to confirmation.
 
 7.  During the year Company has sold investment of subsidiary company
 M/s. Quantum E Services P Limited hence there is no existence of
 subsidiary company.
 
 8.  The previous years figures are regrouped, rearranged or recast,
 wherever required, to make them comparable.