Security Details
 
 *1. Term Loan from Bank is Secured by equitable mortagage of land and
 buildings of Bio Pharma unit situated at PLOT No.7 Phase II Alexandria
 Knowledge park KOLTHOOR (vill) SHAMIRPET (M) R.R.(Dist). The same is
 further secured by second charge on the floriculture assets of the
 company situated at 1/102, satyamangalam village, Hosur Tq.,
 Krishnagiri Dist., Tamil Nadu and personal guarantee from promoter
 directors. The Loan is repayble quaterly over a period of 5 years with
 an intial morotorium of 18 months. The Loan carried interest @17.50
 p.a. presently.
 
 *2 Research and Development Expenditure of Rs. 2,35,99,902 consists of
 R & D Revenue expenditure of Rs. 100.21 Lakhs during the financial year
 2010-11 and Rs. 135.79 lakhs during the firnancial year 2011-12 spent
 on product development of Bio-pharma Division and eligible under
 Section 35(2)(b) of Income Tax Act 1961 shown separately.
 
 *3 The R & D Expendidture of Rs. 8,09,37,582 consists of capital
 equipment procured for R & D and is net of Rs. 50.00 Lakhs received
 from DSIR as grant to wards approved project for development of liquid
 rebies vaccine.
 
 
 Contingent Liabilities
 
 All known liabilities, wherever material.
 
 PARTICULARS                               31.03.2012     31.03.2011
 
 a)   Capital Commitments
 
 Estimated amount of contracts remaining
 to be Executed on Capital Account and
 not provided for (net of advances)           Nil            Nil
 
 b)   Contingent Liabilities not 
 provided for                                 Nil            Nil
 
 c)   DUES TO SSI:
 
 There are no dues to SSI units 
 in respect of sundry creditors 
 as required to be disclosed in 
 accordance with section
 211 read with part 1 of 
 schedule VI of the
 Companies Act, 1956.
 
 d)   Managing Director Remuneration     Rs.63,00,000      3150000
 
 The term loan facilities with Oriental Bank of Commerce are secured by
 first charge on the Immovable properties, and Movable properties of the
 company and also by the personal Guarantee of the promoter directors
 Sri P Sudhakar, Smt. P Sailaja and Smt. P B T Sundari. The term loan
 from Punjab National Bank is secured by first chare in the assets of
 the biopharma unit and second charge on the assets of the floriculture
 unit and personal guarantees of Sri. P,Sudhakar and Smt. P.Sailaja.
 
 1) In the opinion of the management, the current assets, loans and
 advances have a value on realiszation in the ordinary course of
 business at least equal to the amount at which they are stated, unless
 specifically mentioned otherwise and provisions for all known
 liabilities have been made.
 
 2) Sundry Debtors, sundry creditors, other liabilities, loans and
 advances, advances from customers etc., are subject to confirmation.
 
 3) The figures are rounded to the nearest rupee and previous year''s
 figures have been re-arranged/re-grouped wherever necessary to confirm
 to the current year''s classification.
 
 4) Information pursuant to the provisions of part IV of Schedule of
 the Companies Act, 1956.  Balance Sheet Abstract and Company''s
 General Business Profile: