a) Contingent Liabilities not provided for:- 
 
 Particulars                                    2011-12      2010-11
 
 1. Estimated amount of contracts remaining
    to be executed on capital account and 
    not provided for                             325.00       285.00 
 
    Contingent Liabilities not provided  
    for in respect of:
 
 2. a) Central Excise (Matter Subjudice)          58.61          Nil
 
    b) Sales Tax (under Appeal)                     Nil          Nil
 
    c) Income Tax (MAT) (Matter Subjudice)          Nil          Nil
 
    d) Export Duty                                  Nil          Nil
 
    e) Electricity Tax (Interest)                   Nil          Nil
 
    f) Labour Matters (Matter Sub-judice), 
       to the extent quantifiable.                  Nil          Nil
 
     i) Aggregate value of the letter of 
        credit outstanding                       417.59          Nil
 
    ii) Aggregate Value of Guarantees 
        outstanding                                 Nil          Nil
 
 b) Balances of Sundry Debtors and Creditors are subject to
 confirmation.
 
 i) OTHERS:
 
 2.  Related Party & Key Management Personnel Disclosure under
 Accounting Standards 18:
 
 1.  Name of the Party       Relationship
 
     Mr. Ashok G Rajani      Key Management Person
 
     Mr. A. K. Bhowmik       Key Managerial Person
 
 3.  Earnings Per Share:
 
 Equity of the Company is employed partly in pre-commercial production
 activity and partly in commercial production activity which cannot be
 ascertained in exact sums. In the Circumstances EPS cannot be
 comparable.
 
 4.  During the year, Deferred Tax Assets/Liability is not provided as
 the management of the Company are not certain about reasonable time in
 which the timing difference would reverse. However, the amount of
 Deferred Tax Liability comes to Rs. 9834.44 Lakhs (Prev. Year Rs.
 2876.35).
 
 5.  Disclosure as required under clause 32 of listing agreement have
 not been given as the company do not have any subsidiary.
 
 6.  Letters for year-end balance confirmation of sundry debtors and
 sundry creditors have been sent to the parties. In respect of
 confirmations received, the company is under process of scrutinizing
 and reconciling the balances.
 
 7.  The company has started commercial production for one of its
 products in the Organic Intermediate segment as on 01st December, 2011
 while certain products still remained under construction and
 development. In the circumstances statement of Profit and Loss for the
 current year pertains to Business activities of the products whose
 commercial production has already commenced.
 
 8.  During the year ended 31st March, 2012 the revised schedule VI
 notified under the Companies Act 1956 has become applicable to the
 company for preparation and presentation of its financial statement.
 The adoption of revised schedule VI does not impact recognition and
 measurement principle followed for preparation of financial statement.
 However, it has significant impact on presentation and disclosures made
 in the financial statement. The Company has also reclassified the
 previous year''s figures in accordance with the requirements applicable
 in the current year. In view of this reclassification certain figures
 of current year are not strictly comparable with those of the previous
 year.