1.  On sale of long term investments, cost of investments sold are
 credited to Investment account instead of Weighted Average Cost as
 recommended in Accounting Standard (AS 13) issued by the Institute of
 Chartered Accountants of India.
 
 2.  As the Company does not have distinguishable business segments, the
 requirement to give segment reporting as per Accounting Standard (AS
 17) on Segment Reporting issued by the Institute of Chartered
 Accountants of India is not applicable.
 
 3.  No related party transactions are identified by the management.
 
 4.  Earning Per Share (EPS) as per Accounting Standard (AS 20)
 
 5.  Deferred tax liability of Rs.2,27,721 as on 31-03-11 is in respect
 of unabsorbed losses and timing difference in claim of depreciation.
 
 6.  Balance of debtors, creditors and other advances are subject to
 confirmation. However, in the opinion of the Board, Current Assets,
 Loans and Advances have value which on realisation, in the ordinary
 course of business would at least be equal to the amount at which they
 are stated.
 
 7.  Previous year''s figures have been regrouped wherever necessary.