1.  Deferred Tax:
 
 During the year, the Company has accounted for Rs.5,56,029
 (Rs.45,87,803 Deferred Asset) towards Deferred Tax liability and has
 considered the same as charge to the Profit & Loss account as
 stipulated under Accounting Standard- 22, on Accounting for Taxes on
 Income, issued by the Institute of Chartered Accountants of India.
 However, on conservative basis, deferred tax asset on carry forward
 business losses, has not been considered.
 
 2.  Inventories:
 
 Finished Goods includes Rs.35,81,373 (Rs.38,25,203), being value of
 material at prospective customers'' premises for demonstration purposes.
 
 3.  Disclosure under Micro, Small and Medium Enterprises Development
 (MSMED) Act, 2006 :
 
 Dues in respect, Micro and Small enterprises who have duly registered
 themselves under the relevant Act, and furnished the statutorily
 required proof thereof, are being regularly met as per agreed terms
 and, as such, there remains no liability towards interest. Principal
 amount/s remaining payable in respect of such parties, as at 31 March
 2012, amount to Rs.24,16,911 (Rs.47,42,858)
 
 4.  Certain balances representing debtors and creditors, are subject to
 reconciliation & receipt of confirmations from parties, pursuant to
 confirmation requests sent by the company.
 
 5.  ''Upkeep & Maintenance expenses'' reflected in Note - 24 includes
 Repairs to Building - Rs.29,14,685 (Rs.48,56,471) and Repairs to
 Machinery - Rs.15,06,992 (Rs.12,54,169).
 
 6.  No provision has been made for post-sales support expenses, as the
 company is of the opinion that such expenses are not material, based on
 past experience.
 
 7.  Provision has been made for an estimated amount of Rs 400 lakhs in
 respect of certain items of slow- moving inventory, based on Generally
 Accepted Accounting Practices, even though these items continue to be
 usable in the activities of the company.
 
 8.  Contingent liabilities on account of
 
                                                  Amount in Rs.
 
                                               2011-2012       2010-2011
 
 Counter Guarantees to
 Bank (to the extent of live
 guarantees issued by bank)                    28,15,488     1,26,68,398
 
 Letters of Credit                           2,63,90,468     1,17,09,765
 
 Capital Commitments                           60,00,000            NIL
 
 Sales tax liability in lieu of
 
 Form ''C'' yet to be received                   65,42,302       68,71,117
 Disputed Central Excise Duty                                
                                                             4,66,90,550
 
 9.  Segment Reporting
 
 Based on the guiding principles given in Accounting Standard on
 ''Segment Reporting'' (AS 17) prescribed by the Companies (Accounting
 Standards) Rules 2006, the Company''s primary business segment is
 related to ''Access & Networking Solutions''. This business segment of
 the Company incorporates product groups viz., Last Mile Access, ISDN
 based products, Layer 3 Switches and others which mainly have similar
 risks and returns. Since all the products
 stated above fall in the same segment of Access & Networking Solutions,
 there remains a single segment to which the whole activity pertains to.
 
 The secondary segment for the Company is based on location of
 customers''/export destinations.
 
 The segment revenue in the geographical segments for
 disclosure are as follows:
 
 a) Revenue within India includes sales to customers located within
 India and earnings in India.
 
 b) Revenue outside India includes sales to customers located outside
 India and earnings outside India.
 
 10.  Related Party Disclosure
 
 Related party disclosures, as required by AS-18:
 
 (i) RAD-MRO Manufacturing Pvt Ltd.,
 
 (ii) S Narayanan
 
 (iii) H Nandi
 
 A. Relationships:
 
 (i) RAD-MRO Manufacturing Pvt Ltd., - Joint Venture Company
 
 (ii) Whole time Directors -
 
 S.  Narayanan H. Nandi
 
 Chairman & Managing Director
 
 Managing Director B i). The following transactions were carried out
 with RAD- MRO Manufacturing Private Limited, the Joint Venture Company
 in the ordinary course of business.
 
 12.  Figures for the year have been rounded-off to the nearest rupee
 and, those in the brackets, wherever given, correspond to respective
 figures for the previous year.  Figures of previous year have been
 regrouped & reclassified, wherever necessary.