1. Contingent liabilities and Commitments:
 
 (i) Contingent Liability not provided for in respect of: J Claims
 against the company not acknowledged as debt Rs 18,20,091 (Previous Year
 Rs 18,22,766)
 
 (ii) Commitments :
 
 Estimated amount of contracts remaining to be executed on capital
 account and not provided for (net off advances) Rs 8,92,200 (Previous
 year Rs Nil)
 
 2.  In the opinion of the Board of Directors, Current Assets, Loans
 and Advances have realizable value at least equal to amount stated in
 Balance Sheet in the ordinary course of business.
 
 3.  Amounts due to Micro, Small and Medium Enterprises
 
 Disclosure of amounts due to Micro, Small and Medium Enterprises under
 current liabilities is based on the information with the company
 regarding status of the supplier as defined under Micro, Small and
 Medium Enterprises Development Act, 2006 As certified by the
 management, accounts overdue as on March 31, 2012 to Micro, Small and
 Medium Enterprises on account of principal amount together with
 interest aggregate to Rs  Nil (Previous Year - Nil)
 
 4.  Deferred Taxation
 
 No provision has been made for deferred tax assets in respect of
 carried forward business losses as there is no virtual certainty of
 having adequate taxable profit in the near future to realize such
 assets.
 
 The Earning per Share has been calculated based upon the Weighted
 Average number of shares in accordance with AS-20.
 
 5.  Related Party Disclosure under AS-18:
 
 Related parties with whom transactions have taken place during the year
 
 Holding Company          : Tata Global Beverages Limited
 
 Key Managerial Personnel : Mr Pradeep Poddar, Managing Director & CEO
 
 * Ms. Abanti Sankaranarayanan was the Executive Director for a part of
 the year 2010-11.
 
 The above table does not include the contribution to Gratuity, as the
 same is not separately available.
 
 Note: (i) Relationships with Related parties are specified by the
 management and relied upon by the Auditors,
 
 (ii) Figures in brackets are in respect of the previous year.
 
 6.  Applicable disclosures as per AS-15 (Revised).
 
 The Company has calculated the various benefits provided to employees
 as under:
 
 A) Defined Contribution Plans
 
 Provident Fund including Employee pension scheme
 
 During the year Company has recognized the following amounts in Profit
 & Loss Account for the year ended March 31, 2012
 
 Employers'' Contribution to Provident Fund Rs  23,95,067/-(Previous Year
 Rs 28,92,297/-)
 
 7.  There is no separate reportable segment, as the company is
 predominantly engaged in only one segment i.e.  Packaged Natural
 Mineral Water Therefore, the provisions of AS-17 issued by the
 Institute of Chartered Accountants of India, pertaining to Segment
 Reporting, is not applicable. There is only one geographical segment in
 which the company operates i.e. India.
 
 8.  (i) Exceptional Item represents one time ex-gratia payments made
 to employees who have left the company,
 
 (ii) Sale of goods during the year represents sales to PepsiCo India
 Holdings Private Ltd (PIH) and NourishCo
 
 Beverages Ltd (NBL) pursuant to arrangements between the Company and
 PIH/NBL respectively (the Company currently has a Brand licensing and
 manufacturing arrangement with NBL). Since pursuant to these
 arrangements the selling, distribution and marketing activities were
 handled by PIH and NBL during the year, the Company did not incur any
 expenditure in respect thereof.
 
 e) Earnings in Foreign Exchange : NIL
 
 Note: Figures in brackets represent those of previous year.
 
 9. The figures of the previous year have been regrouped/rearranged,
 wherever necessary, to conform to current year''s presentation.