1.  Contingent liabilities not provided for: 
 
                                                       (Rs. in Lacs)
 
                                        31-03-11         31-03-10
 
 a) Appeals filed in respect of 
 disputed demands:
 
 i) Central Excise                        551.43          551.43
 
 ii) Labour Matters                         3.84            3.84
 
 b) Bank Guarantee                          5.00            5.00
 
 2.  Estimated amount of contracts remaining to be executed on capital
 account and not provided for Rs.285.99 lacs (net of advances) (Previous
 year Rs. 285.99 lacs).
 
 3.  The Company has not received any intimation from suppliers
 regarding their status under the Micro, Small and Medium Enterprises
 Development Act, 2006 and hence disclosures, if any, relating to
 amounts unpaid as at the year end together with interest paid / payable
 as required under the said Act have not been given.
 
 4.  The Company has classified the various benefits provided to the
 employees as under: I) Defined Contribution Plan
 
 a) Provident Fund
 
 b) Superannuation Fund and Pension Scheme
 
 II) Defined Benefit Plans
 
 a) Contribution to Gratuity Fund (Non Funded)
 
 b) Leave Encashment (Non Funded)
 
 In accordance with the Accounting Standard (AS-15) (Revised 2005)
 Employee Benefits, actuarial valuation was done in respect of the
 aforesaid defined benefit plans of gratuity and leave encashment based
 on the following assumptions:
 
 5.  The Company''s activities are classified as belonging to a single
 business segment of manufacture and trading in yarns, textiles and
 textile products. The Company''s operations are largely limited to
 India.
 
 6. Information required pursuant to Part - IV of Schedule VI to the
 Companies Act, 1956 is annexed hereto.
 
 7. Previous Year''s figures have been regrouped wherever necessary to
 conform to this year''s presentation.