1.  The Company is of the opinion that the computation of the net
 profit under Section 349 of the Companies Act 1956 is not required
 since no commission is paid or payable to the Directors for the period
 ended 31 st March, 2010.
 
 2.  Contingent Liabilities: NIL
 
 The Company is not having any contingent liability as on 31s March,
 2010.
 
 3.  Segment Reporting:
 
 There are no separate reportable segments as per Accounting Standard on
 Segment Reporting (AS-17) as trie companys prime business is to
 provide finance.
 
 4.  The transactions with Related Parties as per Accounting Standard 18
  Related Party Disclosures issued by the Institute of Chartered
 Accountants of India, are furnished below:
 
 a) Related Parties:
 
 Key Management Personnel
 
 - C R Rajesh Nair     Managing Director
 
 - Deepak Jain         Director
 
 Subsidiaries of the Company:
 
 Sigrun Realties Limited (Subsidiary of Geekay Finance & Leasing Co Ltd)
 Nano Technologies India Private Limited (Subsidiary of Sigrun Realties
 Ltd) Machad Resorts Private Limited (Subsidiary of Sigrun Realties Ltd)
 
 5.  The information regarding Micro Enterprises and Small Enterprises
 has been determined to the extent such parties have been identified on
 the basis of information available with the Company. This has been
 relied upon by the auditors. The amount payable Micro, Small and Medium
 Enterprises DevelopmentAct, 2006 as on 31 March, 2010 amounting to Rs.
 Nil.
 
 6.  During the year the company has, converted 25,00,000 share warrants
 of Rs. 10/- each and 2,30,28,911 Preference Share (OCPS) of Rs. 10/-
 each, into fully paid up Equity Share of Rs. 1/- each.
 
 7.  Figures have been rearranged wherever necessary, in order to make
 them comparable with those of the current year.