2011-2012       2010-2011
 
 1. Estimated amount of Capital 
 commitments (Net of advances)              2,169.19         1740.70
 
 2. Contingent Liabilities not 
 provided for:
 
 i)  Claims against the Company, 
 not acknowledged as debts
 
 (a)  Disputed liability relating 
 to ESI Contribution                            0,89            0.89
 
 (b)  Disputed liability relating to 
 PF contribution of contractor labour          32.44           32.44
 
 (c)  Disputed liability relating to 
 payment of late re-calibration fees on
 verification and stamping of 
 manufacturing vats/tanks 
 installed at distillery.                      88.00           88.00
 
 (d)  Disputed claim relating to
 refund of export duty on rectified 
 spirit                                        10.62           10.62
 
 (e)  Disputed Entry Tax demand-
 matter under appeal                            6.86           33.17
 
 (f)  Disputed penalty U/s 10 for purchase 
 of HSD (Diesel) matter under appeal            3.02            3.02
 
 (g)  Disputed Excise matters                 442.68          236.65
 
 (h) Disputed Stamp duty claim arising 
 out of amalgamation, being contested          80.00           80.00
 
 (i)  Disputed demands on account of 
 service tax including interest 
 and penalty thereon
 for the period July 2003 to March
 2010, being contested and under appeal     8,259.47        6,359.66
 
 8,923.98 6,844.45 In respect of the items above, future cash outflows
 are determinable only on receipt of judgements / decisions pending at
 various forums / authorities.
 
 3.Employee Benefits : AS-15
 
 (I) The Company has taken a policy with Life Insurance Corporation of
 India (LIC) for meeting the accruing liability on account of gratuity.
 The premium, actuarially ascertained by LIC, is charged to the Profit
 and Loss account. The amount debited to profit & loss account is Rs.
 89.77 lacs.
 
 (ii) In respect of leave encashment, provision is made based on the
 actuarial valuation by an independent Actuary. The following
 information as required under AS-15 are based on the report of the
 Actuary / L.I.C.
 
 4. Segment reporting :
 
 Based on the guideline in Accounting Standard on segment reporting (AS-
 17), the Company''s primary business segment is manufacture and trading
 in liquor. The liquor business incorporates the product groups, namely,
 rectified spirit, country liquor and IMFL which mainly have similar
 risks and returns.  Therefore, segment reporting is not applicable.
 
 5.Related party disclosure as per Accounting Standard -18 :
 
 A Related parties and their relationship :
 
 I Enterprises that directly, or indirectly through one or more
 intermediaries, control, or are controlled by, or are under common
 control with, the reporting enterprise :
 
 6. The Company has entered into arrangements with certain distilleries
 and bottling units in other states for manufacture and marketing of its
 own IMFL brands. The manufacture under the said arrangement, wherein
 each party''s obligations are stipulated, is carried out under it''s
 close supervision. The marketing is entirely the responsibility of the
 Company and consequently the Company is required to bear bad debts
 arising on sales The Company is also required to ensure adequate
 finance to the distilleries, where required. Accordingly, it is
 considered appropriate to disclose the following information
 (unaudited), as applicable to such activities.
 
 7. Previous year figures have been re-grouped, wherever necessary, to
 correspond to current year figures.