1.  Contingent Liabilities not provided for:
 
 Particulars                      Current Year       Previous Year
                                   (Rs in Lac)         (Rs in Lac)
 
 i) Unredeemed bank guarantees 
 and LC                           801.22             574.01
 
 ii) Others                       16.46              NIL
 
 2.  Estimated amount of contracts remaining to be executed on capital
 account and not provided for net of advances Rs. 20.00 Lacs. (Previous
 yearRs.4.00 Lacs).
 
 3.  To comply with the AS - 2 on treatment of excise duty the valuation
 of closing stock of finished goods is inclusive of excise duty of Rs.
 61,2121- however this will have no impact on the Profit / Loss of the
 company.
 
 4.  Balances of Sundry Debtors and Creditors including advances to and
 from parties are subject to confirmation from the parties.
 
 5.  List of Small-Scale industries to whom the Company owes more than
 Rs. 1 Lac and outstanding for more than 30 days as at March 31st,2011.
 
 Continental Instruments, Nandi Manufacturing Co., Ramtron Engineering
 Services, Vishnu Plastic, National Acid Supply Co., Paras Laminates
 Pvt. Ltd and Sandip Chemicals.
 
 There is no liability for interest which would be payable under the
 Interest on delayed payments to Small Scale and Ancillary Industrial
 Undertakings Ordinance 1992. Moreover the Company has also not received
 any claims in respect of interest.
 
 The above information and that given in Schedule no. 10 of Current
 Liabilities regarding Small-scale Industrial Undertaking has been
 identified on the basis of information available with the Company and
 relied upon by the Auditors.
 
 6.  Segment Reporting:
 
 a) Business Segments: Based on guiding principles given in Accounting
 Standard-17 Segment Reporting issued by the Institute of Chartered
 Accountants of India, The Company''s Business Segments include: Printed
 Circuits Board & Pulse Code modulation
 
 b) Geographical Segments: Since the companies activities / operations
 are primarily within the Country & considering the nature of the
 products/services it deals in, the risk & returns are the same as such
 there is only one geographical segment.
 
 7.  Related Party Disclosure:
 
 Information about Related Parties as required by Accounting Standard
 -18 issued by the Institute of Chartered Accountant oflndia.
 
 A) List of related Party
 
 i) Relative of the Key Management Personnel and their Enterprises
 /Associates where the Transacts has been taken place.
 
 a) Dinanath Kanoria & Co.
 
 b) Ashok Kanodia (HUF)
 
 c) Vidur Kanodia
 
 d) Pradeep Kanodia (HUF)
 
 e) SNK Electronics Pvt. Ltd
 
 f) Precision S. T. India Ltd
 
 
 ii) Key Management Personnel
 
 a) Mr.Ashok Kanodia
 
 b) Mr.Pradeep Kanodia
 
 c) Mr.Nikhil Kanodia
 
 8.  In view of the management there is no significant impairment
 envisaged in the recoverable amount of material fixed assets.
 
 9.  Previous year''s figures have been regrouped / rearranged to make
 them comparable with the current year.
 
 10.  Schedule 1 to 16 forms an integral part ofthe Balance Sheet and
 Profit & Loss Account.
 
 11.  Information pursuant to the provision of paragraph 3,4C & 4D of
 part II of schedule VI ofthe Companies Act 1956.
 
 (i) Statement pursuant to Part-IV of Schedule VI to the Companies Act,
 1956
 
 (i) Registration Details
 
 Registration No. 9590 State Code 55 Balance Sheet Date 31.3.2011
 
 (ii) Capital raised during the Year (Amount in Rs. Thousands)
 
 Public Issue : NIL Rig Issue : NIL Bonus Issue : NIL Private Placement:
 NIL