1. The previous years figures have been reworked, regrouped,
 rearranged and reclassified wherever necessary. Amounts and other
 disclosures for the preceding year are included as an integral part of
 the current year financial statements and are to be read in relation to
 the amounts and other disclosures relating to the current year.
 
 Defined Benefit Plan
 
 The employees gratuity fund scheme managed by a Trust (Life Insurance
 Corporation of India for SEZ unit of the Company) is a defined benefit
 plan. The present value of obligation is determined based on actuarial
 valuation using the Projected Unit Credit Method, which recognises each
 period of service as giving rise to additional unit of employee benefit
 entitlement and measures each unit separately to build up the final
 obligation. The obligation for leave encashment is recognised in the
 same manner as gratuity.
 
 3.  Turnover includes Income from Services of Rs. 79.95 crore (Previous
 Year Rs. 70.98 crore) and sales during trial run period of Rs. NIL
 (Previous Year Rs. 143.26 crore).
 
 4.  The Gross Block of Fixed Assets includes Rs. 38,121.98 crore
 (Previous Year Rs. 38,121.98 crore) on account of revaluation of Fixed
 Assets carried out in the past. Consequent to the said revaluation
 there is an additional charge of depreciation of Rs. 2,633.75 crore
 (Previous Year Rs. 2,980.48 crore) and an equivalent amount, has been
 withdrawn from Revaluation Reserve and credited to the Profit and Loss
 Account. This has no impact on profit for the year.
 
 5.  The Company announced a Voluntary Separation Scheme (VSS) for the
 employees of one of the units during the year. A sum of Rs. 2.58 crore
 (Previous Year Rs. 19.56 crore) has been paid during the year and
 debited to Profit and Loss Account under the head Payments to and
 Provisions for Employees.
 
 8.  A sum of Rs. 2.83 crore (net debit) [Previous Year Rs. 1.35 crore
 (net debit)] is included under establishment expenses representing Net
 Prior Period Items.
 
 9.  Pursuant to the scheme of arrangement to demerge certain
 undertakings which was approved by the Honble High Court of Bombay on
 9th December, 2005, the Company had demerged assets and liabilities
 relatable to those demerged undertakings on the close of business on
 31st August 2005. There have been certain claims relating to the above
 demerger / demerged undertakings which have been settled by the Company
 during the year and an additional amount of Rs. 703.52 crore has been
 appropriated against Revaluation Reserve.
 
 10.  Expenditure on account of Premium on forward exchange contracts to
 be recognised in the Profit and Loss account of subsequent accounting
 period aggregates Rs. 55.37 crore (Previous Year Rs. 81.66 crore).
 
 16. RELATED PARTY DISCLOSURES :
 
 As per Accounting Standard 18, the disclosures of transactions with the
 related parties as defined in the Accounting Standard are given below:
 
 (i) List of related parties where control exists and related parties
 with whom transactions have taken place and relationships:
 
 Sr. No.  Name of the Related Party Relationship
 
 1 Reliance Industrial Investments and Holdings Limited
 
 2 Reliance Ventures Limited
 
 3 Reliance Strategic Investments Limited
 
 4 Reliance Industries (Middle East) DMCC
 
 5 Reliance Jamnagar Infrastructure Limited
 
 6 Reliance Retail Limited
 
 7 Reliance Netherlands B.V.
 
 8 Reliance Haryana SEZ Limited
 
 9 Reliance Fresh Limited
 
 10 Retail Concepts and Services (India) Limited
 
 11 Reliance Retail Insurance Broking Limited
 
 12 Reliance Dairy Foods Limited
 
 13 Reliance Exploration & Production DMCC
 
 14 Reliance Retail Finance Limited
 
 15 RESQ Limited
 
 16 Reliance Global Management Services Limited (amalgamated with
 Reliance Corporate IT Park Limited w.e.f. 01.04.2010)
 
 17 Reliance Commercial Associates Limited
 
 18 Reliancedigital Retail Limited
 
 19 Reliance Financial Distribution and Advisory Services Limited
 Subsidiary Companies
 
 20 RIL (Australia) Pty Limited
 
 21 Reliance Hypermart Limited
 
 22 Gapco Kenya Limited
 
 23 Gapco Rwanda SARL
 
 24 Gapco Tanzania Limited
 
 25 Gapco Uganda Limited
 
 26 Gapoil (Zanzibar) Limited
 
 27 Gapoil Tanzania Limited (amalgamated with Gapco Tanzania Limited
 w.e.f. 01.08.2010)
 
 28 Gulf Africa Petroleum Corporation
 
 29 Transenergy Kenya Limited
 
 30 Recron (Malaysia) Sdn Bhd
 
 31 Reliance Retail Travel & Forex Services Limited
 
 32 Reliance Brands Limited
 
 33 Reliance Footprint Limited
 
 34 Reliance Trends Limited
 
 35 Reliance Wellness Limited
 
 36 Reliance Lifestyle Holdings Limited
 
 37 Reliance Universal Ventures Limited
 
 38 Delight Proteins Limited
 
 39 Reliance Autozone Limited
 
 40 Reliance F&B Services Limited
 
 41 Reliance Gems and Jewels Limited
 
 42 Reliance Integrated Agri Solutions Limited
 
 43 Strategic Manpower Solutions Limited
 
 44 Reliance Agri Products Distribution Limited
 
 45 Reliance Digital Media Limited
 
 46 Reliance Food Processing Solutions Limited
 
 47 Reliance Home Store Limited
 
 48 Reliance Leisures Limited
 
 49 Reliance Loyalty & Analytics Limited
 
 50 Reliance Retail Securities and Broking Company Limited
 
 51 Reliance Supply Chain Solutions Limited
 
 52 Reliance Trade Services Centre Limited
 
 53 Reliance Vantage Retail Limited
 
 54 Wave Land Developers Limited
 
 55 Reliance-Grand Optical Private Limited
 
 56 Reliance Universal Commercial Limited
 
 57 Reliance Petroinvestments Limited
 
 58 Reliance Global Commercial Limited
 
 59 Reliance People Serve Limited
 
 60 Reliance Infrastructure Management Services Limited Subsidiary
 Companies
 
 61 Reliance Global Business, B.V.
 
 62 Reliance Gas Corporation Limited
 
 63 Reliance Global Energy Services Limited
 
 64 Reliance One Enterprises Limited
 
 65 Reliance Global Energy Services (Singapore) Pte. Ltd.
 
 66 Reliance Personal Electronics Limited
 
 67 Reliance Polymers (India) Limited
 
 68 Reliance Polyolefins Limited
 
 69 Reliance Aromatics and Petrochemicals Limited
 
 70 Reliance Energy and Project Development Limited
 
 71 Reliance Chemicals Limited
 
 72 Reliance Universal Enterprises Limited
 
 73 International Oil Trading Limited
 
 74 Reliance Review Cinema Limited
 
 75 Reliance Replay Gaming Limited
 
 76 Reliance Nutritional Food Processors Limited
 
 77 RIL USA Inc.
 
 78 Reliance Commercial Land & Infrastructure Limited
 
 79 Reliance Corporate IT Park Limited
 
 80 Reliance Eminent Trading & Commercial Private Limited
 
 81 Reliance Progressive Traders Private Limited
 
 82 Reliance Prolific Traders Private Limited
 
 83 Reliance Universal Traders Private Limited
 
 84 Reliance Prolific Commercial Private Limited
 
 85 Reliance Comtrade Private Limited
 
 86 Reliance Ambit Trade Private Limited
 
 87 Reliance Petro Marketing Limited
 
 88 LPG Infrastructure (India) Limited
 
 89 Reliance Infosolutions Private Limited
 
 (amalgamated with Reliance Corporate IT Park Limited w.e.f. 01.04.2010)
 
 90 Reliance Corporate Center Limited
 
 91 Reliance Convention and Exhibition Center Limited
 
 92 Central Park Enterprises DMCC
 
 93 Reliance International B. V.
 
 94 Reliance Corporate Services Limited
 
 95 Reliance Oil and Gas Mauritius Limited
 
 96 Reliance Exploration and Production Mauritius Limited
 
 97 Reliance Holding Cooperatief U.A.
 
 98 Indiawin Sports Private Limited
 
 99 Reliance Holding Netherlands B. V.
 
 100 Reliance International Gas B. V.
 
 101 Reliance Exploration and Production B. V.
 
 102 Reliance Exploration and Production Limited Subsidiary Companies
 
 103 Reliance Holding USA Inc.
 
 104 Reliance Marcellus LLC
 
 105 Infotel Broadband Services Limited
 
 106 Reliance Strategic (Mauritius) Limited
 
 107 Reliance Eagleford Midstream LLC
 
 108 Reliance Eagleford Upstream LLC
 
 109 Reliance Eagleford Upstream GP LLC
 
 110 Reliance Eagleford Upstream Holding LP
 
 111 Mark Project Services Private Limited
 
 112 Reliance Energy Generation and Distribution Limited
 
 113 Reliance Marcellus II LLC
 
 114 Reliance Security Solutions Limited
 
 115 Reliance Industries Investment and Holding Limited
 
 116 Reliance Office Solutions Private Limited
 
 117 Reliance Style Fashion India Limited
 
 118 GenNext Innovation Ventures Private Limited
 
 119 GenNext Ventures Private Limited
 
 120 Reliance Home Products Limited
 
 121 Infotel Telecom Limited
 
 122 Reliance Styles India Private Limited
 
 123 Rancore Technologies Private Limited
 
 124 Reliance Industrial Infrastructure Limited
 
 125 Reliance Europe Limited
 
 126 Reliance LNG Limited
 
 127 Indian Vaccines Corporation Limited
 
 128 Gujarat Chemicals Port Terminal Company Limited Associates
 
 129 Reliance Utilities and Power Private Limited
 
 130 Reliance Utilities Private Limited
 
 131 Reliance Ports and Terminals Limited
 
 132 Reliance Gas Transportation Infrastructure Limited
 
 133 Shri Mukesh D. Ambani
 
 134 Shri Nikhil R. Meswani
 
 135 Shri Hital R. Meswani Key Managerial Personnel
 
 136 Shri P.M.S. Prasad
 
 137 Shri P.K.Kapil (w.e.f. 16th May 2010)
 
 138 Dhirubhai Ambani Foundation Enterprises over which
 
 139 Jamnaben Hirachand Ambani Foundation Key Managerial Personnel
 
 140 Hirachand Govardhandas Ambani Public Charitable Trust are able to
 exercise
 
 141 HNH Trust and HNH Research Society significant influence
 
 142 Reliance Foundation