1. Security Particulars
 
 (a) Term loans are secured by a charge created on certain movable and
 immovable properties of the Company.
 
 (b) Cash credit from banks is secured on a pari pasu basis by
 hypothecation of stock of tea, stores, standing crop and book debts and
 is also secured by first charge by way of equitable mortgage of certain
 other immovable properties of the Company.
 
 2.  Fixed Assets
 
 Land and Land development includes leasehold lands the cost of which is
 not separately ascertainable.
 
 3. Contingent Liabilities                       2011        2010
                                            Rs. in Lacs   Rs. in Lacs
 
 3.1  Claims against the Company not
 acknowledged as debts - disputes pending 
 before various authorities
 
 3.2 Dispute in Electricity Tax                  67.16       67.16
 
 4. Taxation
 
 a) Provision for tax comprises of provision for Central Income Tax and
 provision for Assam Agricultural Income Tax.
 
 b) The Provision for tax for the year has been computed as per the
 provisions other than 115JB of the Income Tax Act, 1961 and is net of
 adjustment of MAT paid / charged off in earlier years amounting to Rs.
 7.75 Lacs.
 
 c) During the year the Company reviewed the MAT credit available in
 respect of tax paid in the preceding years under the provisions of
 115JB to the extent of Rs. 163.23 Lacs and considering that the
 Companys liability for the year falls under the provisions other than
 115JB and also the projected profitability for future years, it is of
 the view that it will pay tax against which the MAT tax paid can be
 fully adjusted within the period specified under section 115JAA.
 Accordingly, the Company has recognised MAT credit entitlement
 aggregating to Rs. 163.23 Lacs relating to preceding years in these
 financial statements.
 
 In the preceding years, the Company had net deferred tax asset arising
 on unabsorbed business loss / depreciation which was not recognised as
 a matter of prudent policy.
 
 5. Micro and Small Enterprises
 
 The Company has not received any memorandum (as required to be filed by
 the suppliers with the notified authority under Micro, Small and Medium
 Enterprises Development Act, 2006) claiming their status as micro or
 small enterprises and consequently the amount paid/payable to these
 parties has been considered as nil.
 
 6. Segment reporting
 
 The Company is engaged in a single business segment i.e. Plantations
 and operates primarily in one geographical segment. Accordingly, there
 are no separate reportable segments as per the Accounting Standard 17
 on Segmental reporting.
 
 7.  Related Party disclosures
 
 7.1 List of Related Parties where control exists:
 
 Holding Company New Ambadi Estates Private Limited (NAE)
 
 Subsidiary Company Parry Estates Limited (PEL)
 
 Partnership Firm Yelnoorkhan Group of Estates (YKN)
 
 - Yelnoorkhan Estates
 
 - Bangaragiri Estates
 
 - Jensury Estates 
 
 - Sipani Plantations
 
 - Kanakannadoddi Coffee Estates
 
 Fellow Subsidiary Companies New Ambadi Investments and Enterprises
 Private Limited (NAIEPL)
 
 Parry Enterprises India Limited (PEIL) Thangamalai Tea Factory Private
 Limited (TTF)
 
 7.2 The above information regarding related parties have been
 determined to the extent such parties have been identified on the basis
 of information available with the Company.
 
 8.  The Board of directors of the Company have approved a scheme of
 arrangement (Demerger) under Section 391 to 394 of the Companies Act,
 1956 between the Company and Parry Estates Limited (Wholly owned
 Subsidiary Company), respective shareholders and creditors, to separate
 the Plantation operation which is subject to various approvals
 including the approval of Honourable Madras High Court.
 
 9.  Previous years figures have been regrouped / amended wherever
 necessary to conform to the current years presentation.