a. Terms / rights attached to Equity shares
 
 (i). The Company has only one classe of equity shares having a par
 value of Rs. 10 per share. Each holder of Equity shares is entitled to
 to one vote per share.
 
 (ii).  In the event of liquidation of the company, the holder of equity
 shares will be entitled to receive remaining assets of the '' company,
 after disttibution of all preferntial amounts. The distribution will be
 in proportion to the number of equity shares held by the shareholders.
 
 1.1 The Deposits - ICD from Aurobindo Phrama Limited are Secured by
 Hypothecation of Movable Fixed assets of the company
 
 1.2 The Company has taken interest free unsecured loans agrregaring Rs.
 71,10,591 & Rs. 1,12,97864/-from others parties
 
 2.1 In the absence of the information about the Small scale industrial
 undertakings status of its Sundry Creditors, at present the Management
 is unable to quantify the amounts due to Smal scale industrial
 undertakings exceeding rupees one lakh which is outstanding for more
 than 30 days.
 
 3.1 Other Payables consists of Amounts payable towards Tds, Sales tax,
 Excise duty, Professional tax, ESI etc
 
 4.1 During the Current Financial Year, since the Employee statutory
 records are not traceable. The Management has not provided for Gratuity
 and Leave encashment, as per Actuarial valuation as per Accounting
 Standard -15.  The salaries and wages which were paid in part to the
 Employees are recognized as Staff salary and advances, since the
 salaries and wages are not provided for full value in Books of accounts
 due to Court pending case. Hence Employee Statutory obligations like
 PF, ESI, Professional tax are also not provided for in the books of
 accounts.
 
 4.2 Others includes Provison for Fringe Benefit Tax
 
 5.1 Investments consists of 49,390 Equity shares in M/s Pattancheru
 Enviro-Tech Ltd of Rs. 10/- each
 
 6.1 Amount paid to the Central Excise Department, consequent to Search
 Proceedings carried out by the said depart ment. The said payment is to
 meet the liability, if any, to the department. Pending outcome of the
 said proceedings, the payment is reflected as loans and advances in
 these accounts
 
 7.1 The Management is in the process of Confirmation and
 reconciliation of balances of sundry debtors at the end of the year.
 Pending confirmation of balances and reconciliation of the debtors and
 the consequent impact on the profits/ Losses is not ascertained.
 a) Due to Deadlock in the Management of the company during the FY:
 2006-07, at present No statutory records pertaining to Finance, Central
 Excise, sales and purchases, Commercial Taxes, PF, ESI, Secretarial
 records etc, are available in the company for the FY : 2011-12.
 
 b).  Deposits, Loans and advances, inoperative bank accounts, unsecured
 loans and sundry creditors are subject to confir- mation and
 reconciliation. However necessary action in this regard is already
 initiated. Pending confirmation/reconcilia- tion and review by the
 Company, consequential adjustments arising thereon, if any are
 presently are not ascertainable.
 
 a). During the Current Financial Year, the company has not provided for
 depreciation on its fixed assets, since the company is not a going
 concern as on 31s March 2012. Depreciation has been provided in books
 of accounts, the loss after tax will be increased by Rs. 1,19,98,130/-
 
 b). 28 cases are pending against the company as on 31st March 2012.
 
 c). Figures for the previous period have been regrouped and
 reclassified wherever necessary to be in conformity with the current
 period.
 
 d). The Revised Schedule VI has become effective from 1 April, 2011 for
 the preparation of financial statements. This has significantly
 impacted the disclosure and presentation made in the financial
 statements Previous year''s figures have been regrouped/ reclassfied
 wherever necessary to correspond with the current year''s classification
 / disclosure.