a) Terms/ Rights Attached to Equity Shares:
 
 The company has only one class of equity shares having par value of Rs.
 10/-each holder of equity shares is entitled to one vote per share.
 The compnay delcares and pays dividend in Indian Rupees.
 
 In the event of liquidation of the company, the holders of the equity
 shares will be entitled to receive remaining assets of the company,
 after distribution of all preferential amounts. The distribution will
 be in proportion to the number of equity shares held by the
 shareholders.
 
 1.1 Related parties disclosures:-
 
 1.  (a) Key Management Personnel : Shri Sandeep Kasera (b) Associate
 Concerns
 
 Kuberkamal Ind. Invest. Ltd., Remi Securities Ltd., Rajendra Finance P.
 Ltd., Remi Finance & Invest. P. Ltd.  Bajrang Finance Ltd.
 
 Note: Related party relationship is as identified by the Company and
 relied upon by the Auditors.
 
 Transactions carried out with related parties referred in above, in
 ordinary course of business.
 
 
 
                                               (Rs. in Lacs)
                                    Related Parties 
 Nature of Transactions             Referred in   Referred in
                                    1(a) above    1(b) above.
 
 Expenses
 
 Interest paid                        -               2.41
 
                                                    (11.77) 
 
 Salaries                            17.31
 
                                    (14.85)
 
 Finance
 
 Loans and Advances taken             -              20.00
 
                                                   (175.00)
 
 
 
 
 1.2 Contingent Liabilities not provided for :
 
 i) Bank Guarantees given Rs. 10,76,891.00 (P.Y. Rs.6,53,525.00)
 
 ii) Guarantees given to bank on behalf of third party Rs. Nil
 
 ( P.Y.Rs. 4,30,00,000/-) iii) Claim of third party towards rent not
 acknowledged by Company
 
 Rs. 30,07,038.00 ( P.Y. Rs. 30,07,038.00) iv) Sales Tax demand disputed
 in appeal Rs. 59,47,031/- (P.Y.  Nil)
 
 1.3 Payment to Micro, Small & Medium Enterprises are made in
 accordance with the agreed credit terms and to the extent ascertained
 from available information, there was no amount overdue beyond the
 period specified in Micro, Small and Medium Enterprises Development
 Act, 2006.
 
 1.4 Value of Imports calculated on CIF basis: Rs.33,10,544/- (P.Y. Rs.
 41,18,441/-)
 
 1.5 Expenditure in foreign currency - Travelling expenses
 Rs.4,11,747/- (P.Y. 1,09,557/-)
 
 Payment of Imported Material Rs.33,10,544/- (P.Y. 79,46,861/-)
 
 1.6.  Disclosures in accordance with Revised AS – 15 on Employee
 Benefits.
 
 (A) Defined Contribution Plans: The Company has recognized the
 following amounts in the Profit and Loss Account for the year.
 
                                  For the year ended March 31, 2012
 
 Contribution to Employees'' 
 Provident Fund                                   995730
                                                 (878615)
 
 (iii) Amount recognized in the Balance Sheet including a reconciliation
 of the
 
 Present Value of Defined Benefit Obligation and the Fair Value of
 Assets:-
 
 (vi) The Overall expected rate of return on assets is based on the
 expectation of the Average long term rate of return expected on
 investments of the Fund during the estimated term of the obligations.
 
 (vii) The Actual Return on Plan assets is as follows
 
 
                                                   Rs.  
 (a) Actual return on plan assets              648037.00
                                              (519512.00)
 
 (viii) Following are the Principal Actuarial Assumptions used as at the
 balance sheet date.
 
 
                                Gratuity      Leave Encashment
 
 (a) Rate of Interest.           8.75%           0.09%
 
                                (8.25%).        (8.25%).
 
 (b) Salary growth               7.00%           7.00%
 
                                (6.50%).        (6.50%).
 
 (c)  Withdrawal late               1%              1%
 
                                   (1%)            (1%)
 
 (d)    Mortality Rates          LIC(1994-96) - LIC(1994-96) -
                                 Ultimate       Ultimate Mortality
                                 Mortality Rate Rate
 
 
 
 The estimates of future salary increases considered in actuarial
 valuation takes into account inflation, seniority, promotion and other
 relevant factors.
 
 1.7 Till the year ended 31st March, 2011, the Company was using
 pre-revised Schedule VI to the Companies Act, 1956, for preparation and
 presentation of its Financial Statements.  During the year ended 31st
 March 2012, the revised Schedule VI to the Companies Act, 1956 has
 become applicable to the Company. The Company has reclassified previous
 year figures to confirm to this year''s classification. The adoption of
 this revised Schedule VI does not impact recognition and measurement
 principles followed for preparation of Financial Statements.