1.  Contingent Liability
 
 Contingent liability, if material, is disclosed by way of notes to the
 accounts.
 
                             As at March 31, 2011  As at March 31, 2010
                                              Rs.                   Rs.
 
 a). Contingent liabilities,
  not provided for :- 
 
 i. Sales tax matters                     3620500               7241000 
 
 ii. Excise matters                       1570000               1570000 
 
 iii. Income-tax matters                      NIL                   NIL
 
 All the above matters are subject to legal proceedings in the ordinary
 course of business. The legal proceedings when ultimately concluded
 will not, in the opinion of management, have a material effect on the
 result of operation or the financial position of the Company.
 
 b).  Estimated amount of contracts remaining to be executed on capital
 account, not provided for (net of advances) Rs. Nil (previous year Rs.
 Nil).  
 
 2.
 
 a). During the year licenses for supply of manpower have been received
 for which changes in Memorandum of Association have already been made.
 The recruitment of employees for manpower supply has stared, due to
 certain regulatory clearances the activity of manpower supply withheld.
 In view of the management the accounts have been prepared on going
 Concern basis.
 
 b). The Company has made reconciliation of Provident Fund Trust with
 Company Books. On reconciliation, it found that the value of the
 assests is less than the obligation of provident fund by Rs,
 44,87,356/-. This is basically the interest liability of the balance
 outstanding of provident fund as on 31st March 2011, and hence a
 provision of liability is made to the extent of difference between
 asset value & obligation
 
 3. In earlier years, the Company has given security in the form of
 pledge upto 59 lacs fully paid up equity shares of Rs.10 each of Samtel
 Color Limited (SCL) held by the Company in favour of the bank acting as
 trustee for itself and as agent for other lenders of SCL as per the
 Corporate Debt Restructuring (CDR) Scheme of SCL as approved by CDR
 Cell of RBI, as it has major investment in SCL and in view of the
 management it would add long term value to the Company.
 
 4.  The Company has carried forward losses / unabsorbed depreciation
 under the Income-tax Act, 1961. However, in view of uncertainty of
 future taxable income of the Company, in accordance with Accounting
 Standard AS 22 Accounting for Taxes on Income, notified in the
 Companies Accounting Standards) Rules, 2006, the net deferred tax
 assets have not been recognised in the accounts.
 
 5.  The Company already has started the process of identifying the
 Micro, Small and Medium Enterprises as defined under the The Micro,
 Small and Medium Enterprises Development Act, 2006. However, based on
 the information available with the Company as of now, no enterprises
 have been identified, who are registered under the said Act.
 
 6.  Based on the guiding principles given in Accounting Standard AS 17
 Segment Reporting notified in the Companies (Accounting Standards)
 Rule 2006, the Company''s only business segment during the year relates
 to Picture Tubes. As a result the disclosure requirements of AS-17
 are not applicable.
 
 7.  Related party disclosures, as identified and certified by the
 management, per Accounting Standard AS 18:
 
 (a) Related parties where control exists: None
 
 (b) Other related parties and nature of relationships, in respect of
 which the Company had transactions:
 
 (i) Associates
 
 - Teletube Electronics Limited
 
 - Akla Investments Private Limited
 
 (ii) Enterprises over which key management personnel and/or his
 relatives exercise significant influence:
 
 - Samtel Color Limited
 
 - Samtel Display Systems Limited
 
 - Samtel Glass Limited (formerly known as Samcor Glass Limited)
 
 8.  The Company has an investment in unquoted equity shares in a
 company under the same management of Rs.  555 lacs, the book value
 whereof is below par. Considering the long term and strategic nature of
 investment, the fall in value has been considered temporary in nature
 and not provided for.
 
 9.  Previous year figures have been recast/regrouped, wherever
 necessary.
 
 9a.Schedules 1 to 11 form an integral part of the balance sheet,
 profit and loss account and cash flow statement.