1 Segment Reporting
 
 The company operates in a single segment i,e trading of foreign currencies and 
 hence does not calls for segmentwise disclosure of assets,liabilities,revenues 
 or expenses as prescribed under Accounting Standard 17 on Segment Reporting, 
 issued by the Institute of Chartered Accountants of India.
 
 2 Disclosure requirement regarding Micro, Small & Medium Scale Enterprises
 
 The company has not received any intimation from suppliers regarding 
 their status under the Micro, Small and Medium Enterprises Development Act,
 2006 and Hence, disclosure, if any, relating to amount unpaid as at the year 
 end together with interest paid/ payable as required under the said Act
 have not been given.
 
 3 Contingent Liabilities
 
                                            Year ended     Year ended
                                            March 31, 2011 March 31, 2010
 
 (a) Disputed Income tax demands appealed
 against, not provided for :                  24.76 Lakhs    12.15 Lakhs
 
 4 No further information pursuant to paragraphs 4C & 4D of Schedule VI
 of the Companies Act,1956 is either NIL or Not Applicable.
 
 5 Previous year''s figures have been regrouped and rearranged wherever
 found necessary.