1.1 162,67,93,078 Shares were allotted as Bonus Shares in the last five
 years by capitalisation of Securities Premium (162,67,93,078) and
 Reserves.
 
 1.2 6,92,52,623 Shares were allotted in the last five years pursuant to
 the various Schemes of amalgamation (12,93,93,183) without payments
 being received in cash.
 
 1.3 45,04,27,345 Shares were allotted on conversion / surrender of
 Debentures and Bonds, conversion of Term (45,04,27,345) Loans, exercise
 of warrants, against Global Depository Shares (GDS) and re-issue of
 forfeited equity shares, since inception.
 
 1.4 17,18,83,624 Shares held by Subsidiaries do not have Voting Rights
 and are not eligible for Bonus Shares (17,18,83,624)
 
 1.5 4,62,46,280 Shares were bought back and extinguished in the last
 five years.  (36,63,431)
 
 1.6 The Company has reserved issuance of 13,37,43,590 (Previous year
 13,39,30,481) Equity Shares of Rs. 10 each for offering to eligible
 employees of the Company and its subsidiaries under Employees Stock
 Option Scheme (ESOS).  During the year, the Company has not granted any
 options to the eligible employees [Previous year 68,817 options, which
 includes 4,100 options at a price of Rs. 972 per option, 18,000 options
 at a price of Rs. 871 per option, 23,717 options at a price of Rs. 847
 per option, 15,000 options at a price of Rs. 765 per option and 8,000
 options at a price of Rs. 715 per option plus all applicable taxes, as
 may be levied in this regard on the Company]. The options would vest
 over a maximum period of 7 years or such other period as may be decided
 by the Employees Stock Compensation Committee from the date of grant
 based on specified criteria.
 
 1.7 Share application money pending allotment represents application
 money received on account of employees stock option scheme.
 
 2.1 Non Convertible Debentures referred above to the extent of:
 
 a) Rs. 1,593 crore are secured by way of first mortgage / charge on the
 immovable properties situated at Hazira Complex and at Jamnagar Complex
 (other than SEZ units) of the Company.
 
 b) Rs. 2,500 crore are secured by way of first mortgage / charge on the
 immovable properties situated at Jamnagar Complex (other than SEZ
 units) of the Company.
 
 c) Rs. 1,300 crore are secured by way of first mortgage / charge on all
 the properties situated at Hazira Complex and at Patalganga Complex of
 the Company.
 
 d) Rs. 50 crore are secured by way of first mortgage / charge on
 certain properties situated at Ahmedabad in the State of Gujarat and on
 fixed assets situated at Nagpur Complex of the Company.
 
 e) Rs. 30 crore are secured by way of first mortgage / charge on
 certain properties situated at Surat in the State of Gujarat and on
 fixed assets situated at Allahabad Complex of the Company.
 
 f) Rs. 51 crore are secured by way of first mortgage / charge on
 movable and immovable properties situated at Thane in the State of
 Maharashtra and on movable properties situated at Baulpur Complex of
 the Company.
 
 g) Rs. 500 crore are secured by way of first mortgage / charge on the
 immovable properties situated at Jamnagar Complex (SEZ unit) of the
 Company.
 
 2.2 Bonds include, 5.875% Senior Perpetual Notes (the Notes) of Rs.
 4,343 crore. The Notes have no fixed maturity date and the Company will
 have an option, from time to time, to redeem the Notes, in whole or in
 part, on any semi- annual interest payment date on or after February 5,
 2018 at 100% of the principal amount plus accrued interest.
 
 3. Working capital loans are secured by hypothecation of present and
 future stock of raw materials, stock-in-process, finished goods, stores
 and spares (not relating to plant and machinery), book debts,
 outstanding monies, receivables, claims, bills, materials in transit,
 etc. save and except receivables of Oil and Gas Division.
 
 * Includes statutory dues, security deposit and advance from customers.
 
 # These figures do not include any amounts, due and outstanding, to be
 credited to Investor Education and Protection Fund except Rs. 10 crore
 (Previous Year Rs. 9 crore) which is held in abeyance due to legal
 cases pending.
 
 # The Company had recognised liability based on substantial degree of
 estimation for excise duty payable on clearance of goods lying in stock
 as on 31st March, 2012 of Rs. 326 crore as per the estimated pattern of
 despatches. During the year, Rs. 326 crore was utilised for clearance
 of goods. Provision recognised under this class for the year is Rs. 336
 crore which is outstanding as on 31st March, 2013. Actual outflow is
 expected in the next financial year. The Company had recognised customs
 duty liability on goods imported of Rs. 704 crore as at 31st March,
 2012. During the year, further provision of Rs. 339 crore was made and
 sum of Rs. 296 crore was reversed on fulfillment of export obligation.
 Closing balance on this account as at 31st March, 2013 is Rs. 747
 crore. Other class of provisions where recognition is based on
 substantial degree of estimation relate to disputed customer / supplier
 / third party claims, rebates or demands against the Company. Any
 additional information in this regard can be expected to seriously
 prejudice the position of the Company.
 
 4. Leasehold Land includes Rs. 203 crore (Previous Year RS. 203 crore)
 in respect of which lease-deeds are pending execution.
 
 4.1 Buildings include :
 
 i) Cost of shares in Co-operative Housing Societies Rs. 1 crore
 (Previous Year Rs. 1 crore).
 
 ii) Rs. 5 crore (Previous Year Rs. 5 crore) in respect of which
 conveyance is pending.
 
 iii) Rs. 93 crore (Previous Year Rs. 93 crore) in shares of Companies /
 Societies with right to hold and use certain area of Buildings.
 
 4.2 Intangible assets - Others include :
 
 i) Jetties amounting to Rs. 812 crore (Previous Year Rs. 812 crore),
 the Ownership of which vests with Gujarat Maritime Board. However,
 under an agreement with Gujarat Maritime Board, the Company has been
 permitted to use the same at a concessional rate.
 
 ii) Rs. 8,367 crore (Previous Year Rs. 8,387 crore) in preference
 shares of subsidiaries and lease premium paid with right to hold and
 use Land and Buildings.
 
 4.3 Capital Work-in-Progress and Intangible Assets under development
 include :
 
 i) Rs. 2,795 crore (Previous Year Rs. 2,320 crore) on account of
 project development expenditure.
 
 ii) Rs. 4,685 crore (Previous Year Rs. 933 crore) on account of cost of
 construction materials at site.
 
 4.4 Gross Block includes Rs. 12,901 crore added on revaluation of
 Building, Plant & Machinery and Equipments as at 01.01.2009 based on
 reports issued by international values.
 
 4.5 Additions in Plant and Machinery, Capital Work-in-Progress,
 Intangible Assets - Development Rights and Intangible Assets under
 development includes Rs. 5,070 crore (net loss) [Previous Year Rs.
 7,558 crore (net loss)] on account of exchange difference during the
 year.
 
 4.6 The Gross Block of Fixed Assets includes RS. 38,122 crore (Previous
 Year Rs. 38,122 crore) on account of revaluation of Fixed Assets
 carried out since inception. Consequent to the said revaluation there
 is an additional charge of depreciation of RS. 2,072 crore (Previous
 Year RS. 2,340 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.
 
 4.7 Additions for the year includes freehold land Rs. 56 crore,
 buildings Rs. 674 crore, plant and machinery Rs. 1,189 crore, furniture
 and fixtures Rs. 12 crore, vehicles Rs. 10 crore and software Rs. 1
 crore on amalgamation of Reliance Jamnagar Infrastructure Limited with
 the Company. Accumulated depreciation of Rs. 603 crore on the above
 assets has included in depreciation for the year. (Refer Note No. 33)
 
 The Company''s Provident Fund is exempted under section 17 of Employees''
 Provident Fund and Miscellaneous Provisions Act, 1952. Conditions for
 grant of exemption stipulate that the employer shall make good
 deficiency, if any, in the interest rate declared by the trust
 vis-a-vis statutory rate.
 
 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.
 
 The estimates of rate of escalation in salary considered in actuarial
 valuation, take into account inflation, seniority, promotion and other
 relevant factors including supply and demand in the employment market.
 The above information is certified by the actuary.
 
 The expected rate of return on plan assets is determined considering
 several applicable factors, mainly the composition of Plan assets held,
 assessed risks, historical results of return on plan assets and the
 Company''s policy for plan assets management.
 
 5. The Company had announced Voluntary Separation Scheme (VSS) for
 the employees during the previous year. A sum of Rs. NIL (Previous Year
 Rs. 5 crore) has been paid during the year and debited to Statement of
 Profit and Loss under the head Employee Benefits Expense.
 
 5.1 A sum of Rs. 3 crore [Previous Year Rs. 1 crore is included under
 establishment expenses representing Net Prior Period Items.
 
 6.  REMITTANCE IN FOREIGN CURRENCY ON ACCOUNT OF DIVIDEND
 
 The Company has paid dividend in respect of shares held by
 Non-Residents on repatriation basis. This inter-alia includes portfolio
 investment and direct investment, where the amount is also credited to
 Non-Resident External Account (NRE A/c). The exact amount of dividend
 remitted in foreign currency cannot be ascertained. The total amount
 remittable in this respect is given herein below:
 
 7.  Fixed assets taken on finance lease prior to 1st April, 2001,
 amount to Rs. 444 crore (Previous Year Rs. 444 crore).  Future
 obligations towards lease rentals under the lease agreements as on 31st
 March, 2013 amount to Rs. 2 crore (Previous Year Rs. 3 crore).
 
 Disclosure in Respect of Material Related Party Transactions during the
 year :
 
 1.  Purchase of Fixed Assets include Reliance Fresh Limited Rs. 1 crore
 (Previous Year Rs. 2 crore), Reliance Industrial Infrastructure Limited
 Rs. 2 crore (Previous Year Rs. 1 crore), Reliance Jamnagar
 Infrastructure Limited Rs. NIL (Previous Year Rs. 2 crore),
 Reliancedigital Retail Limited Rs. 4 crore (Previous Year Rs. 1 crore),
 Reliance Ports and Terminals Limited Rs. 41 crore (Previous Year Rs.
 104 crore), Reliance Footprint Limited RS. 1 crore (Previous Year Rs.
 NIL), Reliance Security Solutions Limited Rs. 3 crore (Previous Year
 Rs. NIL), Reliance Haryana SEZ Limited Rs. 43 crore (Previous Year Rs.
 NIL).
 
 2.  Purchase / Subscription of Investments include Reliance Exploration
 & Production DMCC Rs. NIL (Previous Year Rs. 558 crore), Reliance
 Exploration & Production Mauritius Limited Rs. NIL (Previous Year Rs.
 348 crore), Reliance Oil & Gas Mauritius Limited Rs. NIL (Previous Year
 Rs. 95 crore), Reliance Jio Infocomm Limited Rs. 2,647 crore (Previous
 Year Rs. 642 crore), Reliance Retail Limited Rs. NIL (Previous Year Rs.
 2,580 crore ), RIL (Australia) Pty Limited Rs. 3 crore (Previous Year
 Rs. 2 crore), Reliance Commercial Associates Limited Rs. 5,667 crore
 (Previous Year Rs. NIL).
 
 3.  Sale / Transfer of Investments include to Reliance Energy
 Generation and Distribution Limited Rs. NIL (Previous Year Rs. 3,265
 crore), Reliance Industrial Investments and Holdings Limited Rs. 1,544
 crore (Previous Year Rs. NIL), Reliance Universal Ventures Limited Rs.
 7,800 crore (Previous Year Rs. NIL).
 
 Redemption of Investments by Reliance Global Business B.V Rs. 49 crore
 (Previous Year Rs. NIL), Reliance Industries (Middle East) DMCC Rs. 431
 crore (Previous Year Rs. NIL), Reliance Exploration & Production DMCC
 Rs. 1,673 crore (Previous Year Rs. NIL), Reliance Netherlands B.V Rs. 1
 crore (Previous Year Rs. NIL).
 
 4.  Capital Advances given include Reliance Haryana SEZ Limited Rs. NIL
 (Previous Year Rs. 42 crore), Reliance Industrial Infrastructure
 Limited Rs. 2 crore (Previous Year Rs. NIL).
 
 5.  Loans given during the year include Reliance Industrial Investments
 and Holdings Limited Rs. 7,684 crore (Previous Year Rs. 2,625 crore),
 Reliance Retail Limited Rs. 303 crore (Previous Year RS. 617 crore),
 Reliance Exploration & Production DMCC Rs. 71 crore (Previous Year Rs.
 NIL), Reliance Brands Limited Rs. 11 crore (Previous Year Rs. NIL).
 Deposits given during the year include Gujarat Chemical Port Terminal
 Company Limited Rs. 27 crore (Previous Year Rs. 17 crore). Loans
 returned during the year include Gapco Tanzania Limited Rs. NIL
 (Previous Year Rs. 84 crore), Reliance Exploration & Production DMCC
 Rs. NIL (Previous Year Rs. 8 crore).
 
 Advances in the nature of application money returned during the year
 Reliance Prolific Traders Private Limited Rs. 523 crore (Previous Year
 Rs. NIL).
 
 6.  Revenue from Operations include to Reliance Jamnagar Infrastructure
 Limited Rs. NIL (Previous Year Rs. 1 crore), Reliance Retail Limited
 Rs. NIL (Previous Year Rs. 6 crore), Gapco Kenya Limited Rs. 6,559
 crore (Previous Year Rs. 4,559 crore), Gapco Tanzania Limited RS. 2,937
 crore (Previous Year Rs. 526 crore), Recron (Malaysia) Sdn Bhd Rs. 367
 crore (Previous Year Rs. 124 crore), Reliance Trends Limited Rs. 6
 crore (Previous Year Rs. 5 crore), LPG Infrastructure (India) Limited
 Rs. 392 crore (Previous Year Rs. 269 crore), Reliance Petro Marketing
 Limited Rs. 77 crore (Previous Year Rs. 216 crore), RIL USA Inc. Rs.
 14,242 crore (Previous Year RS. 12,572 crore), Reliance Industrial
 Investments and Holdings Limited Rs. 679 crore (Previous Year Rs. 733
 crore), Reliance Fresh Limited RS. 9 crore (Previous Year Rs. 6 crore),
 Reliance Gems and Jewels Limited Rs. 475 crore (Previous Year Rs. 504
 crore), Reliance Utilities Private Limited Rs. NIL (Previous Year Rs.
 145 crore), Reliance Utilities and Power Private Limited Rs. 243 crore
 (Previous Year RS. NIL), Reliance Ports and Terminals Limited Rs. 6
 crore (Previous Year RS. 20 crore), Reliance Gas Transportation
 Infrastructure Limited RS. 86 crore (Previous Year Rs. 147 crore),
 Reliance Corporate IT Park Limited Rs. 2 crore (Previous Year RS. 5
 crore), Reliance Industries (Middle East) DMCC Rs. NIL (Previous Year
 Rs. 100 crore), Reliance Jio Infocomm Limited Rs. 408 crore (Previous
 Year Rs. 35 crore), Reliance digital Retail Limited Rs. 4 crore
 (Previous Year Rs. NIL), Reliance Progressive Traders Private Limited
 Rs. 5 crore (Previous Year Rs. NIL), Reliance Prolific Traders Private
 Limited Rs. 1 crore (Previous Year Rs. NIL), Reliance Eminent Trading &
 Commercial Private Limited RS. 2 crore (Previous Year Rs. NIL), Gujarat
 Chemical Port Terminal Company Limited Rs. 1 crore (Previous Year Rs.
 NIL).
 
 7.  Other Income from Reliance Industrial Investments and Holdings
 Limited Rs. 371 crore (Previous Year Rs. 315 crore), Reliance Ventures
 Limited Rs. 108 crore (Previous Year Rs. 40 crore), Reliance Strategic
 Investments Limited Rs. 86 crore (Previous Year Rs. 71 crore), Reliance
 Exploration & Production DMCC Rs. 2 crore (Previous Year Rs. NIL),
 Gapco Kenya Limited Rs. 2 crore (Previous Year Rs. 4 crore), Gapco
 Tanzania Limited Rs. 2 crore (Previous Year RS. 4 crore), Recron
 (Malaysia) Sdn Bhd RS. 6 crore (Previous Year Rs. 7 crore), Reliance
 Jio Infocomm Limited Rs. 41 crore (Previous Year Rs. 39 crore),
 Reliance Retail Limited Rs. 72 crore (Previous Year Rs. 16 crore), RIL
 USA Inc. Rs. 25 crore (Previous Year RS. 18 crore), Reliance Holdings
 USA Inc. Rs. 122 crore (Previous Year Rs. 132 crore), Reliance
 Eagleford Upstream Holding LP RS. NIL (Previous Year Rs. 2 crore),
 Reliance Marcellus LLC Rs. 3 crore (Previous Year Rs. 10 crore),
 Reliance Corporate IT Park Limited Rs. 1 crore (Previous Year Rs. 3
 crore), Reliance Industrial Infrastructure Limited Rs. NIL (Previous
 Year Rs. 2 crore), Reliance Europe Limited Rs. 5 crore (Previous Year
 Rs. 5 crore), Gapco Uganda Limited Rs. 1 crore (Previous Year Rs. 1
 crore), Reliance Gems and Jewels Limited Rs. NIL (Previous Year Rs. 11
 crore), Reliance Utilities and Power Private Limited Rs. 3 crore
 (Previous Year Rs. NIL), Reliance Ports and Terminals Limited Rs. 1
 crore (Previous Year Rs. NIL).
 
 8.  Purchases / material consumed from Recron (Malaysia) Sdn Bhd Rs. 1
 crore (Previous Year Rs. 2 crore), Reliance Petro Marketing Limited Rs.
 2 crore (Previous Year Rs. 3 crore), Reliance Jamnagar Infrastructure
 Limited Rs. NIL (Previous Year Rs. 350 crore), Reliance Ports and
 Terminals Limited Rs. 154 crore (Previous Year Rs. 138 crore), Reliance
 Industrial Infrastructure Limited Rs. 12 crore (Previous Year Rs. 11
 crore), Reliance Footprint Limited Rs. 2 crore (Previous Year Rs. 2
 crore), Gujarat Chemical Port Terminal Company Limited Rs. 1 crore
 (Previous Year Rs. 2 crore), Reliance Industries (Middle East) DMCC Rs.
 2,314 crore (Previous Year Rs. NIL).
 
 9.  Electric Power, Fuel and Water charges paid to Reliance Utilities
 and Power Private Limited Rs. 1,325 crore (Previous Year Rs. 369
 crore), Reliance Utilities Private Limited Rs. NIL (Previous Year Rs.
 771 crore).
 
 10.  Hire Charges paid to Reliance Industrial Infrastructure Limited
 Rs. 30 crore (Previous Year Rs. 21 crore), Gujarat Chemical Port
 Terminal Company Limited Rs. 57 crore (Previous Year Rs. 66 crore),
 Reliance Gas Transportation Infrastructure Limited Rs. 196 crore
 (Previous Year Rs. 235 crore), Reliance Ports and Terminals Limited Rs.
 125 crore (Previous Year Rs. 86 crore), Reliance Corporate IT Park
 Limited Rs. NIL (Previous Year Rs. 1 crore).
 
 11.  Employee Benefits Expense include to Reliance People Serve Limited
 Rs. 3 crore (Previous Year Rs. 3 crore), Reliance Fresh Limited Rs. 3
 crore (Previous Year Rs. 20 crore), Reliance Polyolefins Limited Rs.
 NIL (Previous Year Rs. 5 crore), Reliance Trends Limited Rs. NIL
 (Previous Year Rs. 1 crore).
 
 12.  Payment to Key Managerial Personnel include to Shri Mukesh D.
 Ambani Rs. 15 crore (Previous Year Rs. 15 crore), Shri Nikhil R.
 Meswani Rs. 11 crore (Previous Year Rs. 11 crore), Shri Hital R.
 Meswani Rs. 11 crore (Previous Year Rs. 11 crore), Shri P.M.S. Prasad
 Rs. 5 crore (Previous Year Rs. 5 crore), Shri P.K. Kapil RS. 2 crore
 (Previous Year Rs. 2 crore).
 
 13.  Sales and Distribution Expenses include to Reliance Fresh Limited
 Rs. NIL (Previous Year Rs. 43 crore), Reliance Ports and Terminals
 Limited Rs. 2,835 crore (Previous Year RS. 2,370 crore), Gujarat
 Chemical Port Terminal Company Limited Rs. 10 crore (Previous Year Rs.
 11 crore), Reliance Jamnagar Infrastructure Limited Rs. NIL (Previous
 Year Rs. 7 crore), Gapco Kenya Limited Rs. NIL (Previous Year Rs. 3
 crore ), Reliance Commercial Land and Infrastructure Limited Rs. 5
 crore (Previous Year Rs. NIL), Reliance Polyolefins Limited Rs. 16
 crore (Previous Year Rs. NIL).
 
 14.  Rent paid to Reliance Jamnagar Infrastructure Limited Rs. NIL
 (Previous Year Rs. 29 crore).
 
 15.  Professional Fees paid to Reliance Supply Chain Solutions Limited
 Rs. NIL (Previous Year Rs. 18 crore), Reliance Corporate IT Park
 Limited Rs. 736 crore (Previous Year Rs. 240 crore), Reliance
 Netherlands B.V Rs. NIL (Previous Year RS. 1 crore), Reliance Europe
 Limited Rs. 37 crore (Previous Year RS. 27 crore), GenNext Ventures LLP
 Rs. NIL (Previous Year Rs. 2 crore), Reliance Industrial Infrastructure
 Limited Rs.  19 crore (Previous Year Rs. 9 crore), Reliance Security
 Solutions Limited Rs. 1 crore (Previous Year Rs. NIL), Indiawin Sports
 Private Limited Rs. 23 crore (Previous Year Rs. NIL).
 
 16.  General Expenses include to Reliance Fresh Limited Rs. 14 crore
 (Previous Year Rs. 11 crore), Reliance Trends Limited Rs. 6 crore
 (Previous Year Rs. 3 crore), Reliance Gems and Jewels Limited Rs. 7
 crore (Previous Year Rs. 7 crore), Reliance digital Retail Limited Rs. 1
 crore (Previous Year Rs. 3 crore), India win Sports Private Limited Rs.
 12 crore (Previous Year Rs. 14 crore), Reliance Commercial Dealers
 Limited Rs. 258 crore.
 
 17.  Donations to Dhirubhai Ambani Foundation Rs. 1 crore (Previous
 Year Rs. 86 crore), Jamnaben Hirachand Ambani Foundation Rs. 8 crore
 (Previous Year Rs. 8 crore), HNH Trust and HNH Research Society Rs. 2
 crore (Previous Year Rs. 3 crore), Hirachand Govardhandas Ambani Public
 Charitable Trust Rs. 1 crore (Previous Year Rs. 1 crore), Reliance
 Foundation Rs. 206 crore (Previous Year Rs. 112 crore).
 
 18.  Finance Costs include to Reliance Corporate IT Park Limited Rs. 16
 crore (Previous Year Rs. 18 crore).
 
 19.  Loans and Advances include Reliance Industrial Investments and
 Holdings Limited Rs. 17,642 crore (Previous Year Rs. 9,905 crore),
 Reliance Retail Limited Rs. 928 crore (Previous Year RS. 621 crore),
 Reliance Strategic Investments Limited Rs. NIL (Previous Year Rs. 22
 crore), Gapco Kenya Limited Rs. 2 crore (Previous Year Rs. 2 crore),
 Gapco Tanzania Limited Rs. 2 crore (Previous Year Rs. 2 crore), Gapco
 Uganda Limited Rs. 1 crore (Previous Year RS. 1 crore), Reliance Jio
 Infocomm Limited RS. NIL (Previous Year Rs.  10 crore), Recron
 (Malaysia) Sdn Bhd Rs. 6 crore (Previous Year Rs. 7 crore), Reliance
 Europe Limited Rs. 8 crore (Previous Year Rs. 12 crore), RIL USA Inc.
 Rs. NIL (Previous Year Rs. 2 crore), Reliance Holding USA Inc. Rs. NIL
 (Previous Year Rs. 18 crore), Reliance Marcellus LLC Rs. NIL (Previous
 Year RS. 2 crore), Reliance Energy Generation and Distribution Limited
 RS. 3,265 crore (Previous Year Rs. 3,265 crore), Reliance Exploration &
 Production DMCC Rs. 72 crore (Previous Year RS. NIL), Reliance
 Corporate IT Park Limited Rs. 3 crore (Previous Year Rs. 20 crore),
 Reliance Prolific Traders Private Limited (Application Money) Rs. NIL
 (Previous Year Rs. 523 crore), Reliance Ventures Limited Rs. 42 crore
 (Previous Year Rs. NIL), Reliance Brands Limited Rs. 11 crore (Previous
 Year Rs. NIL).
 
 20.  Deposits include Reliance Jamnagar Infrastructure Limited Rs. NIL
 (Previous Year Rs. 299 crore), Gujarat Chemical Port Terminal Company
 Limited Rs. 69 crore (Previous Year Rs. 42 crore), Reliance Utilities
 and Power Private Limited Rs. 350 crore (Previous Year Rs. 200 crore),
 Reliance Ports and Terminals Limited Rs. 1,050 crore (Previous Year Rs.
 1,050 crore), Reliance Utilities Private Limited RS. NIL (Previous Year
 Rs. 150 crore).
 
 (d) The Government of India, by its letter of 02 May 2012 has
 communicated that it proposes to disallow certain costs which the PSC
 relating to Block KG-DWN-98/3 entitles RIL to recover. RIL continues to
 maintain that a Contractor is entitled to recover all of its costs
 under the terms of the PSC and there are no provisions that entitle the
 Government to disallow the recovery of any Contract Cost as defined in
 the PSC. The Company has already initiated arbitration on the above
 issue.
 
 21.  As per Accounting Standard (AS) 17 on Segment Reporting, segment
 information has been provided under the Notes to Consolidated Financial
 Statements.
 
 22.  The figures for the current year include figures of Reliance
 Jamnagar Infrastructure Limited (RJIL), the wholly owned subsidiary
 company engaged in infrastructure development and maintenance developer
 of the operating Special Economic Zone, which is amalgamated with the
 Company with effect from 1st April, 2011 as per the Scheme of
 Amalgamation (the Scheme) sanctioned by the Humble High Court of
 Gujarat at Ahmadabad, and are therefore to that extent not comparable
 with those of previous year.
 
 The Scheme became effective on 22nd October, 2012, the appointed date
 of the Scheme being 1st April, 2011.
 
 In accordance with the scheme and as per approval of the High Court:
 
 a) The assets, liabilities, reserves, rights and obligations of
 erstwhile RJIL have been transferred to and vested with the Company
 with effect from 1st April, 2011 and have been recorded at their
 respective book values, under the pooling of interest method of
 accounting for amalgamation as prescribed in Accounting Standard
 
 23. on Accounting for Amalgamations.
 
 b) Being a wholly owned subsidiary company, 10,00,00,000 equity shares
 & 18,50,000, 10% non-cumulative optionally convertible preference
 shares of erstwhile RJIL held by the Company have been cancelled
 against Share Capital of the amalgamating company and no shares has
 been issued in pursuance to scheme of amalgamation.
 
 c) Amount added on amalgamation to profit and loss account is inclusive
 of profit for the period 1st April 2011 till 31st March 2012 and is net
 of stamp duty paid on amalgamation.
 
 (III) The Income-Tax assessments of the Company have been completed up
 to Assessment Year 2010-11. The disputed demand outstanding up to the
 said Assessment Year is Rs. 1,192 crore. Based on the decisions of the
 Appellate authorities and the interpretations of other relevant
 provisions, the Company has been legally advised that the demand is
 likely to be either deleted or substantially reduced and accordingly no
 provision has been made.
 
 24. The Ministry of Corporate Affairs, Government of India, vide
 General Circular No. 2 and 3 dated 8th February 2011 and 21st February
 2011 respectively has granted a general exemption from compliance with
 section 212 of the Companies Act, 1956, subject to fulfillment of
 conditions stipulated in the circular. The Company has satisfied the
 conditions stipulated in the circular and hence is entitled to the
 exemption. Necessary information relating to the subsidiaries has been
 included in the Consolidated Financial Statements.