Sobha Developers

Note:
 
 The Company is also involved in certain litigation for lands acquired
 by it for construction purposes, either through joint development
 agreements or through outright purchases. These cases are pending with
 various courts and are scheduled for hearings. After considering the
 circumstances and legal advice received, management believes that these
 cases will not adversely effect its financial statements.
 
 1. Employee benefits
 
 The following tables summarise the components of net benefit expense
 recognised in the profit and loss account and the funded status and
 amounts recognised in the balance sheet for gratuity benefit
 
 2. Segment reporting
 
 As the Company operates on a backward integration model and its
 business activity primarily falls within a single business segment
 which constitutes real estate development, there are no additional
 disclosures to be provided under Accounting Standard 17 Segment
 Reporting. The Company operates primarily in India and there is no
 other significant geographical segment.
 
 3. In respect of manufacturing activities of interiors, glazing and
 block making unit, on account of the nature of the business carried on
 by the Company, the management is of the view that it is not
 practicable to give quantitative information.
 
 4. Based on the information available with the Company, there are no
 suppliers who are registered as micro, small or medium enterprises
 under “The Micro, Small and Medium Enterprises Development Act, 2006”as
 at March 31, 2009.