1.  Estimated value of contracts remaining to be executed on capital
 account and not provided for Rs. 597.50 lakhs (Previous year Rs 13.11
 lakhs)
 
 2.  Contingent Liabilities
 
 Particulars                      Year ended           Year ended
 
                                Mar 31, 2011         Mar 31, 2010
 
                                Rs. in lakhs         Rs. in lakhs
 
 i.  Letters of Credit for 
 import purchases                   419.06               538.76
 
 ii. Bank Guarantee given for 
 Job work                             0.10                 0.10
 
 iii. Guarantees given to Central 
 Excise / banks on behalf of other
 companies with corresponding 
 counter guarantees from them       520.00               520.00
 
 iv. Claims against the Company 
 not acknowledged as debts           45.91                45.91
 
 3. The company has opted for accounting the exchange difference arising
 on reporting of long term foreign currency monetary items in line with
 Companies (Accounting Standards) Amendment Rules 2009 on Accounting
 Standard 11 (AS-11) notifed by Government of India on Mar 31, 2009 (GO
 No.GSR225(E) dated Mar 31, 2009). The exchange difference adjusted in
 the carrying amount of fxed assets during the accounting period is
 Rs.18.99 lakhs (decrease) (Previous year decrease Net Rs. 409.71
 lakhs).
 
 The Company is having diverse package portfolio, from 4lead (1mm x 1mm)
 to 80leads (12mm x 12mm). To have a common base for capacity
 calculation, the widely accepted industry standard Twenty Lead
 Equivalent (TLE) for leaded packages and Three Millimetre equivalent
 (TMME) for Leadless packages is used.
 
 In the above table, numbers are appropriately converted into TLE
 (available leaded capacity: 214 Million) and TMME( available lead- less
 capacity:259 Million) to address the statutory requirements.
 Accordingly the Capacity utilisation is 75% and 90% respectively.
 
 4. Segmental Reporting
 
 The Integrated Circuits is the only segment for the company
 
 5. Impairment of Assets has been considered as per AS 28 & there is no
 impairment as on Mar 31, 2011
 
 6. The Company has during the year, adopted the principles of
 Accounting Standard 30 - Financial instruments: Recognition and
 measure- ment, issued by the Institute of Chartered Accountants of
 India, in respect of forward contracts for frm commitments and highly
 probable forecast transactions meeting necessary criteria for
 designation as Cash fow hedges. The gains and losses on effective
 Cash fow hedges are recognised in Hedge Reserve Account till the
 underlying forecasted transaction occurs. There is however no impact on
 the proft for the year due to the aforesaid change.
 
 7. Previous years figures have been regrouped wherever necessary.