1.  SHARE CAPITAL
 
 During the Year the company with the approval of the Members sub
 divided 18,80,00,000 Equity shares of nominal value of Rs. 5 each/- in
 the authorised share capital of the company into 94,00,00,000 Equity
 shares of Rs. 1/- each.
 
 1% Cumulative Redeemable Preference Shares (CRPS) are redeemable in 12
 quarterly Instalments commencing from 01.10.2013
 
 2.  SHARE WARRANTS
 
 In terms of the approval of the shareholders of the Company, the
 Company on 21.12.2009 had issued and allotted 3,13,00,000 Compulsorily
 convertible warrants on preferential basis to entities in the Promoter
 Group at a premium of Rs.50/- per warrant to be converted into equity
 shares at a later date before expiry of 18 Months from the date of
 issue in one or more trenches. out of the warrant issued warrants
 aggregating to 2,58,00,000 have already been converted into equity
 shares during the period. The balance 55,00,000 warrants is reflected
 under Equity Share Warrants in the Balance sheet pending exercise
 thereof.
 
 3.  SECURED LOANS
 
 Term loans availed from Financial Institutions, Banks and others are
 secured by way of first charge on the entire fixed assets of the
 Company, both present and future and further secured by the personal
 guarantee of certain Directors of the Company
 
 Working Capital facilities availed from banks are inter alia secured by
 way of pari passu first charge on the current assets and pari passu
 second charge on the fixed assets of the Company both present and
 future and further secured by the personal guarantee of certain
 Directors of the Company. one of the working capital facilities availed
 from Bank is also secured by Corporate Guarantee fo Sujana Unviersal
 Industries Limited.
 
 Hire Purchase loans are secured by the assets purchased out of the said
 loan.
 
 4.  UNSECURED LOANS
 
 Unsecured Loans of Rs. 304.67 Lakhs (Previous Year Rs. 304.67 lakhs)
 includes Sales Tax Deferment sanctioned by the Commercial Taxes
 Department, Government of Andhra Pradesh. The Sales tax deferred
 Liability is repayable at the end of the 14th year from the date of
 availment, without any interest.
 
 5.  CONTINGENT LIABILITYRs.                               Rs. In Lakhs
 
 Particulars                         As at 31.03.2011  As at 30.09.2009
 
 Bank Guarantees availed from Banks          9,135.17          4,115.78
 
 Letter of Credit issued by Banks           29,260.05          6,094.64
 
 Joint Corporate Guarantee executed 
 by the Company along with sujana      65,000,000 USD    65,000,000 USD 
 Universal Industries Limited (SUIL) 
 and Sujana Metal products
 Limited (SMPL) in favour of Alpha 
 ventures Limited which is a wholly 
 owned  subsidiary of SMPL and 
 Sujana Holdings Limited which 
 is a Subsidiary of SUIL.
 
 Claims against the Company 
 not acknowledged as Debts                       1.71              1.71
 
 Disputed Excise Liability 
 not provided for                               30.98                 —
 
 6.  CAPITAL COMMITMENTS
 
 Estimated amount of Contracts remaining to be executed on Capital
 Account and not provided for, net of advances is Rs.7,400.00 Lakhs (As
 on 30.09.2009 Rs.6,361.57 lakhs).
 
 8.  RETIREMENT BENEFITS
 
 Gratuity is a unfunded defined benefit plan and the gratuity scheme
 provides for a lump sum benefit, subject to a vesting period of 5 years
 in case of early separation, based on final last drawn salary and
 completed years of service.
 
 9.  SEGMENT REPORTING
 
 The company is principally engaged in single business segment Viz.,
 Power and TelecomTower , and operates in one geographical segment as
 per Accounting Standard 17 on  Segment Reporting.  Accordingly no
 segment reporting has been made by the company.
 
 11.  RELATED PARTY DISCLOSURE
 
 As Per Accounting Standard -18 notified under The Companies (Accounting
 Standard ) Rules 2006 , the disclosures of transactions with related
 parties as follows:-
 
 S. 
 No. Name of the related party                 Relationship
 
 1   Sujana Transmission Ltd
 
 2   Telesuprecon Limited
 
                                               Subsidiary Companies
 
 3   Digitech Business Systems Limited
 
 4   STL Africa Limited
 
 1   Shri .HanumanthaRao
 
                                               Key Managerial
 
 2   Shri. K.Raghavaiah
 
                                                 Personnel
 
 3   Shri .Y.Kamesh
 
 13. The Company had extended Inter free unsecured loans to its overseas
 subsidiary out of GDR proceeds. RBI vide their letter dated 20.01.2011
 had directed the company to convert the same into Equity and company
 had given their consent for such conversion. Pending conversion into
 equity these amounts have been reflected under advances to subsidiary
 and since this amount is likely to be converted into equity the balance
 outstanding as at the end of the period (31.03.2011) has not been
 restated, and the exchange loss of Rs.644.23 lakhs has not been
 considered..
 
 16.  The provision for Current Tax, Deferred Tax, and has been made
 based on the Computation of Income prepared by the company.
 
 17.  Confirmation of balances from certain creditors, debtors, loans
 advances and other liabilities are yet to be received.
 
 18.  Additional information pursuant to the provisions of Paragraph 3,
 4C and 4D of part II of Schedule VI to the Companies Act.
 
 19.  Loans and advances in the nature of loans given to subsidiaries as
 per clause 32 of Listing Agreement.
 
 20.  Previous years figures have been regrouped and reclassified
 wherever necessary in conforming with the Current Periods
 classification.
 
 21.  Previous year figures are for 12 months and are not comparable
 with the current period figures, as the current period figures are for
 18 months.
 
 22.  Schedules 1 to 17 form integral part of the balance sheet.