1.  Contingent Liabilities
 
                                              As at 31      As at 31
                                           March, 2010   March, 2009
 
 (a) Claim not acknowledged as debts 
 
     i) Sates Tax under appeal                     NIL           NIL
 
     ii) 1 Income Tax under appeal                 NIL           NIL
 
 (b) Bank Guarantees                               NIL           NIL
 
 (c) I Capital commitments.                        NIL           NIL
 
 2.  The company has quoted equity investment amounting to Rs. 22500 as
 at 31 March, 2010
 
 3.  Sundry Debtors includes debts due by a director Rs. NIL.
 
 4.  There are no other amounts'' due to any SSI undertakings.
 
 5.  As required under section 205C of the Companies Act, 1956 of India,
 the company has transferred Rs. NIL to the Investor Education and
 Protection Fund (IEPF) during the year. As of 31 March, 2010, no
 amounts were due for transfer to the IEPF.
 
 6.  Certain confirmation of balances from Sundry Debtors, Loans and
 Advances, Deposits and Sundry Creditors, including Advances received
 from Customers are awaited and the account reconciliation of some
 parties, where confirmations have been received, are in progress.
 Adjustment for differences, if any, arising out of such confirmation/
 reconciliation would be made in accounts on receipt of final agreed
 balances/ reconciliation.
 
 7.  The company is predominantly engaged in Manufacturing & Export of
 Pigments & Dyes.  Accordingly revenues from the above products comprise
 the primary of segmental information in these financial statements.
 
 The company has export sales and there are geographical segments as per
 sheet attached.
 
 8.  Related Parties Disclosure
 
 a) Enterprises in which key management personnel have significant
 influence NIL
 
 b) Key Management Personnel 
    SATISH BRAHMBHATT 
    NAVIN BRAHMBHATT
 
 Details of transaction are as follows:
 
 i) Sales related Parties
 Enterprises in which key management personnel have
 significant influence
 NIL
 
 ii) Purchase from related Parties
 Enterprises in which key Management Personnel have
 significant influence
 NIL
 
 iii) Commission received from related parties
 Enterprises in which key management personnel have
 significant influence
 NIL
 
 iv) Outstanding Balance as on 31/03/2010
 Due to the company NIL 
 Payable by the company
 SAROJ BEN S. BRAHMBHATT Rs. 4438561/-
 
 9.  Previous years figures are regrouped and rearranged where ever
 necessary.