a) The Company has issued only one class of shares referred to as
 equity shares having a par value of Rs. 10/-.
 
 b) Each holder of equity shares is entitled to one vote per share.
 
 c) The Company declares and pays dividends in Indian Rupees.
 
 d) Except interim dividend which is declared and paid based on the
 decision of the Board of Directors, all other dividends are proposed by
 the Board of Directors and paid on approval of the shareholders at the
 Annual General Meeting.
 
 e) In the event of liquidation of the Company, the holders of equity
 shares will be entitled to receive any of the remaining assets of the
 company, after distribution of all preferential amounts. However, no
 such preferential amounts exist currently. The distribution will be in
 proportion to the number of equity shares held by the shareholders.
 
 f) During the last five years immediately preceding the date of the
 Balance Sheet, the Company has not issued any shares as bonus shares or
 without payment being received in cash nor has bought back any shares.
 
 g) Following are the shareholders holding more than 5% equity shares
 and the number of equity shares held by each of them:
 
                                                          Rs. in lacs
                                          Year ended       Year ended
                                          31.03.2012       31.03.2011
 
 1. CONTINGENT LIABILITIES AND 
 COMMITMENTS (TO THE EXTENT NOT 
 PROVIDED FOR)
 
 a) Estimated value of contracts 
 remaining to be executed:
 
 - On Capital Account (net)                   2.39            146.92
 
 - Others                                    23.88                 -
 
 b) Income Tax / Sales Tax liability 
 in appeal.                                  53.89            106.82
 
 c) Liability towards Labour cases            7.86              6.66
 
 d) Other Contingent Liabilities :
 
 i) Bank Guarantees for domestic sales       41.69             79.32
 
 2. PROPOSED DIVIDEND
 
 The total dividend proposed by the Board of Directors subject to the
 approval of the shareholders is Rs. 118.04 lacs (PY-157.38) the rate of
 dividend is 30% (PY-40%) which works out to Rs. 3/- (PY-Rs. 4/-) per
 share.
 
 The Company had obtained exemption for its Provident Fund Trust under
 Section 17 of Employee''s Provident Fund and Miscellaneous Provisions
 Act, 1952. Conditions for grant of exemptions stipulate that the
 employer shall make good deficiency, if any, in the interest rate
 declared by trust vis-a-vis statutory rate.
 
 a) Defined Benefit Plan:
 
 The employees'' gratuity fund scheme managed by Life Insurance
 Corporation of India is a defined benefit plan. The present value of
 obligation is determined based on actuarial valuation using the
 Projected Unit Credit Method, which recognises each period of service
 as giving rise to additional unit of employee benefit entitlement and
 measures each unit separately to build up the final obligation. The
 obligation for leave encashment is recognised in the same manner as
 gratuity.
 
 3. The Company has prepared the Financial Statements in accordance
 with the revised Schedule VI to the Companies Act, 1956 which was
 notified on 28-02-2011. Accordingly the figures for the previous year
 have been rearranged and reclassifed so as to make them comparable with
 those of the current year.