1 RELATED PARTIES WITH WHOM THE COMPANY HAD TRANSACTIONS IN THE
 NORMAL COURSE OF BUSINESS
 
 DURING THE YEAR ENDED DECEMBER 31, 2008.
 
 (i) ENTERPRISES WHERE CONTROL EXISTS :
 
 (a) Holding Company -
 
 Reckitt Benckiser pic, UK
 
 (b) Subsidiary Company -
 
 Reckitt Piramal Private Limited
 
 (c) Fellow Subsidiaries -
 
 a) Lancaster Square Holdings SL
 b) Reckitt Benckiser Corporate Services Ltd., UK
 c) Reckitt & Colman (Overseas) Ltd., UK
 d) Reckitt Benckiser Healthcare (UK) Ltd.
 e) Reckitt Benckiser (Bangladesh) Ltd.
 f) Reckitt Benckiser (Lanka) Ltd.
 g) Reckitt Benckiser Inc, USA 
 h) Reckitt Benckiser Italia SPA
 i) Reckitt Benckiser NV, Netherland
 j) PT. Reckitt Benckiser Indonesia
 k) Benckiser Producktions GmbH Ladenburg, Germany
 I) Reckitt Benckiser (Singapore) Pte Ltd.
 m) Reckitt Benckiser Brazil Ltd.
 n) Reckitt Benckiser France SAS
 o) Reckitt Benckiser Household Products (China) Co. Ltd.
 p) Reckitt Benckiser Arabia, UAE.
 q) Reckitt Benckiser Hong Kong Ltd.
 r) Reckitt Benckiser (Thailand) Ltd.
 s) Oxy Reckitt Benckiser Ltd.
 t) Reckitt Benckiser Nigeria Ltd.
 u) Reckitt Benckiser Healthcare Mfg. (Thailand) Ltd.
 v) Reckitt Benckiser Pakistan Ltd.
 
 (ii) OTHER RELATED PARTIES WITH WHOM THE COMPANY HA!) TRANSACTIONS:
 
 (a) Key Management Personnel:
 
 i) Mr. Chander Mohan Sethi Chairman & Managing Director
 
 ii) Mr. Manish Dawar Executive Director, CFO & Company Secretary
 
 iii) Mr. Sreenivas Rao Executive Director (w.e.f December 17, 2008)
 
 (b) Employees Benefit Plans where there is significant influence : i)
 Reckitt & Colman of India Ltd Staff Provident Fund
 
 ii) Reckitt Benckiser (India) Limited Executive Staff Pension Fund
 
 iii) Reckitt Benckiser (India) Limited Senior Supervisory Staff &
 Personal Assistants Pension Fund
 
 iv) Reckitt & Colman of India Ltd Excluded Employees Provident Fund
 
 v) Reckitt Benckiser (India) Gratuity Fund
 
 vi) Reckitt Benckiser India Employees Superannuation Fund
 
 Note:
 
 1.  Segments have been identified in line with the Accounting Standard
 on Segment Reporting (AS-17), taking into account the organisation
 structure as well as the differential risks and returns of these
 segments.
 
 2.  Household segment includes pest control, lavatory care, floor care,
 air care, shoe care, dishwashing and fabric care (pre and post wash).
 Health & personal care includes antiseptics, analgesics, ointments,
 bulk drugs, soap, talc, depilatories etc. Food represents barley
 products.
 
 3 Segment revenue, results and total assets and liabilities figures
 include the respective amounts identifiable to each of the segments.
 Other unallocated expenditure includes expenses incurred on common
 services|provided to the segments which are not directly identifiable
 to the individual segments as well as expenses incurred at corporate
 level which relate to the company as a whole.  Assets and liabilities
 figures are as at December 31, 2008. Unallocated assets mainly relate
 to fixed assets at corporate & regional offices. Unallocated capital
 expenditure and depreciation represent common assets, mainly computer
 software, hardware and corporate assets and depreciation thereon.
 
                                         As at           As at
                                         December        December
                                         31,2008         31,2007
                                         Rs. Lakhs       Rs. Lakhs
 
 2 (i) Estimated amount
 of commitments (net of advances)
 on capital account not provided for      357.49          686.88
 
 (ii) Contingent liabilities in 
 respect of demands against the 
 Companynot admitted as debts 
 regarding excise duty pertaining 
 to disputesrelating to classification 
 of products for assessable value etc.  2,381.37         2,149.52
 
 Note:
 
 (a) Provision for central excise pertaining to disputed demands arising
 from litigations pending with the excise authorities mainly arising out
 of classification of products, assessable value, shortage etc.  
 
 (b) Provision for sales tax and VAT pertains to disputed demands
 arising from litigations with regard to the classification of products.
 
 (c) Future cash outflows in respect of the above litigations are
 determinable only on receipt of judgments/decisions pending with
 various forums/authorities.
 
 (iii) The company is carrying provision of Rs.250.00 lakhs (Previous
 year Rs.458.28 lakhs) which has been disclosed under Provision for
 contingencies. During the year, an amount of Rs.208.28 lakhs has been
 reversed.
 
 3 Provision for taxation includes Rs.2,768.42 lakhs (Previous year
 Rs.2,480.00 lakhs) being estimated provision on taxable income for the
 period April 1, 2008 to December 31,2008. The ultimate tax liablity of
 the company for the year April 1,2008 to December 31, 2008 to be
 considered for the assessment year 2009 - 2010 will be determined on
 the basis of taxable income of the company for the year April 1, 2008
 to March 31, 2009.
 
 4 Miscellaneous income (Schedule 12) includes Rs.1,184.00 lakhs
 (Previous year Rs 2,340.69 lakhs), on account of old liabilities
 written back.
 
 * In addition to licensed capacity, the company also has a registered
 capacity of 190 MT for bulk drugs (2003 -190 MT) and 6.67 MT for
 formulations - Tablets (2003 - 6.67 MT)
 
 (a) Installed capacities have been certified by the companys technical
 expert.
 
 (b) Actual production is before any adjustment for samples etc.
 
 (c) Installed capacity for products has been calculated on three shift
 basis.
 
 5 EMPLOYEE BENEFITS
 
 The Company has classified the various benefits provided to employees
 as under -
 
 I Defined Contribution Plans
 
 Superannuation: Reckitt Benckiser India Employees Superannuation Fund
 
 II State Plans
 
 a.  Employers Contribution to Employees State Insurance
 
 b.  Employers Contribution to Employees Pension Scheme 1995
 
 c.  Employers Contribution to Regional Provident Fund
 
 (C) With respect to Pension, Leave Encashment and Workers Retirement
 Plan, the company has a marginal over funding as per the actuarial
 valuation carried out at December 2007 which was not recognised in the
 Profit & Loss Account.  Since no asset/liability or income/expense has
 been recognised in the Balance Sheet and Profit & Loss Account of the
 company for the year 2007 the applicable disclosures are being made
 accordingly.
 
 6 During the year, the company received a capital subsidy for Rs.
 30 lakhs from Directorate of Industries, Himachal Pradesh under the
 Central Capital Investment Subsidy Scheme 2003 and has hypothecated its
 assets to that extent.
 
 7 During the year, the company received an order from the Income
 Tax Authorities to adjust Dividend Distribution Tax (DDT) amounting to
 Rs. 2,072.47 lakhs against future liability of DDT, the same has been
 recognised in the books of account during the year.
 
 8 Previous year figures have been rearranged/restated where
 necessary to confirm to current years classification.