1.1 The Board of Directors in their meeting on 25th May, 2012 proposed
 a final dividend of Rs7/- per equity share. The proposal is subject to
 approval of shareholders at the Annual General Meeting to be held on
 31st July, 2012.
 
 Particulars                                31st March,
                                            2012           31st March, 
                                                           2011
 
 2 Contingent liabilities & Commitments 
 Amount in Rs (to the extend not provided
 for)
 
 (i) Contingent liabilities
 
 Income Tax demands in dispute for which 
 the company has preferred appeals to 
 higher authorities and has been legally
 advised that demands are unsustainable.  1,49,32,076     1,49,32,076
 
 (ii) Commitments
 
 a Estimated amount of contracts 
 remaining to be executed on
 capital account and not provided for          -              -
 
 b other commitments                           -              -
 
 3 Cost of Research and Development revenue expenditure aggregated to Rs
 15.10 lakhs (Previous YearRs 15.54 lakhs) which has been debited to
 various heads of account in the Profit and Loss Account. There was no
 Research and Development Capital expenditure during the year as well as
 in the previous year.
 
 4 The company operates in only one segment (i.e) Carbon Rods as a
 component of Dry Cell Batteries
 
 5 The Outstanding Derivative Instruments as on 31st March, 2012
 
 (i) Derivative instruments that are outstanding as on 31st March, 2012
 is Rs Nil. (Previous year Rs Nil)
 
 (ii) The Foreign Currency Exposures not hedged by a Derivative
 Instrument or otherwise as on 31st March, 2012 is Receivables of
 US,38,731/- Rs 1,21,41,837/-(Previous Year US$ 117,350/- Rs
 52,21,936/-)
 
 6 Exceptional Item represent Volutantary Separation Scheme (VSS)
 compensation paid to employees opted for VSS amounts to Rs 73,56,351.
 
 7 In the opinion of management, current assets, loans and advances are
 approximately of the value stated in the balance sheet if realized in
 the ordinary course of business.
 
 8 The financial statements for the year ended March 31, 2011 had been
 prepared as per the then applicable, pre-revised Schedule VI to the
 Companies Act, 1956. Consequent to the notification of Revised Schedule
 VI under the Companies Act, 1956, the financial statements for the year
 ended March 31, 2012 are prepared as per Revised Schedule VI.
 Accordingly, the previous year figures have also been re-classified to
 confirm to this year''s classification.