a) Paid-up share capital includes 5,09,75,545 Equity Shares allotted as
 fully paid-up by way of bonus shares by Capitalisation of Reserves and
 Securities Premium and 37,75,965 Equity Shares allotted for
 consideration other than cash pursuant to a Scheme of Amalgamation.
 
 b) The number of shares outstanding at the beginning and at the end of
 the reporting period are the same.
 
 c) No shareholder of the Company holds more than 5% of the Equity
 Shares.
 
 d) The Company issued 2,77,75,965 Equity Shares by way of bonus shares
 during the financial year 2008-09.
 
 The Secured Non Convertible Debentures are secured by mortgage of
 immovable property ranking pari passu with charges created in favour of
 the trustees in addition to specific assets covered by charge on
 Hypothecation Loan receivables / Hire purchase / Lease agreements with
 a security cover of 100% / 125%, as per the terms of issue.
 
 The Term loans from banks are secured by hypothecation of specific
 assets covered by a charge on Hypothecation Loan Receivables / Hire
 purchase / Lease agreements.
 
 The Unsecured Subordinated Non Convertible Debentures are subordinated
 to the existing and future unsecured borrowings of the Company and
 qualify as Tier II Capital under the Non Banking Financial (Deposit
 accepting or holding) Companies Prudential Norms (Reserve Bank)
 Directions, 2007.
 
 Working capital demand loans and cash credit are secured by
 hypothecation of assets covered by charge on Hypothecation Loan
 Receivables, Hire Purchase / Lease agreements, ranking pari passu,
 excluding assets which are specifically charged to others.
 
 Refer Note 4 for Security provided for Term Loans from Banks and
 Non-Convertible Debentures.
 
 Face value of commercial paper outstanding as on 31.03.2012 was Rs
 555,00.00 lakhs (31.03.2011 - Rs 580,00.00 lakhs).  Maximum amount of
 face value of commercial paper outstanding at any time during the year
 was Rs 1715,00.00 lakhs (2010-11 - Rs 1290,00.00 lakhs)
 
 In accordance with the Reserve Bank of India directives, the Company
 has created a floating charge on the statutory liquid assets comprising
 investment in Government Securities of face value Rs 143,62.30 lakhs
 (Cost - Rs 143,92.77 lakhs) and bank deposits of Rs 66,70.50 lakhs (Refer
 Note 17 ''Cash and Bank balances'') in favour of trustees
 representing the deposit holders of the Company.
 
 During the year the Company has subscribed to the rights equity shares
 of Sundaram BNP Paribas Fund Services Ltd., Professional Management
 Consultants Ltd., Transenergy Ltd and Royal Sundaram Alliance Insurance
 Company Ltd.
 
 During the year the Company has subscribed to the preferential equity
 share of Sundaram Infotech Solutions Ltd. and Sundaram Hydraulics Ltd.
 
 (a) denotes shares are under a lock in period
 
 (b) denotes investments where provision for diminution in value has
 been made
 
 (c) denotes increase in holding on receipt of bonus shares @ face value
 in Omani Riyal
 
 The Long-term loans and advances includes Non-performing Assets of Rs
 2,77.00 lakhs (Previous Year - Rs 19,90.53 lakhs)
 
 Advance income tax and tax deducted at source (net of provision)
 comprises:
 
 Provision for Income Tax Rs 477,86.25 lakhs (31.03.2011 - Rs 381,34.20
 lakhs)
 
 Income tax paid under dispute Rs 47,72.76 lakhs(31.03.2011 - Rs 37,51.69
 lakhs)
 
 Advance Fringe Benefit Tax Rs 0.16 lakhs (31.03.2011 - Rs 1,70.16 lakhs)
 
 Provision for Fringe Benefit Tax Rs 21.10 lakhs (31.03.2011 - Rs 1,60.87
 lakhs)
 
 1 General
 
 1.1 The presentation in the Balance Sheet, Profit and Loss Statement
 and Notes to the Accounts is in terms of the Revised Schedule VI to the
 Companies Act, 1956 which has become mandatory with effect from 01st
 April, 2011. The assets and liabilities have been classified as current
 and non-current based on a twelve month operating cycle. Previous
 year''s figures have been regrouped / reclassified wherever necessary
 to conform to the current year''s presentation.
 
 1.2 Segment Reporting:
 
 Segment information is presented in the Consolidated Financial
 Statements in terms of the Accounting Standard - 17 - Segment
 Reporting.
 
 The credit enhancement and liquidity support were provided in the form
 of bank deposits for Rs 46,75.00 lakhs. The Company continues to collect
 and service the receivables in respect of the securitised assets.
 
 During the year, the Company assigned a part of its Hypothecation Loan
 receivables / Hire purchase assets - ''at par'' representing the
 principal component, aggregating Rs 129999.44 lakhs (Previous Year - Rs
 75094.31 lakhs).
 
 1.2 RELATED PARTIES DISCLOSURES:
 
 Related party disclosures, as stipulated by Accounting Standard - 18 -
 ''Related Party Disclosures'', are given below:
 
 RELATED PARTIES:
 
 Subsidiary Companies:
 
 Sundaram Finance Distribution Ltd.
 
 Sundaram BNP Paribas Home Finance Ltd.
 
 Sundaram Asset Management Company Ltd.
 
 Sundaram Trustee Company Ltd.
 
 LGF Services Ltd.
 
 Infreight Logistics Solutions Ltd.
 
 Sundaram Infotech Solutions Ltd.
 
 Sundaram Business Services Ltd.
 
 Professional Management Consultants Ltd.
 
 Sundaram BNP Paribas Fund Services Ltd.
 
 Sundaram Parekh Warehousing Services Ltd.
 
 Sundaram Insurance Broking Services Ltd.
 
 Caltec Servicez Private Limited
 
 Associates:
 
 Axles India Ltd.
 
 Turbo Energy Ltd.
 
 Transenergy Ltd.
 
 Sundaram Dynacast Private Ltd.
 
 Sundaram Hydraulics Ltd.
 
 The Dunes Oman LLC (FZC)
 
 Flometallic India Ltd.
 
 Joint Ventures:
 
 Royal Sundaram Alliance Insurance Company Ltd.
 
 BNP Paribas Sundaram Global Securities Operations Private Ltd (BNP
 Paribas Sundaram GSO)
 
 Key Management Personnel:
 
 Mr. T. T. Srinivasaraghavan, Managing Director 
 
 Mr. Harsha Viji, Director (Strategy & Planning)
 
 1.3 The Commissioner of Customs, Tuticorin raised a demand of Rs 500
 lakhs towards penalty on the Company and Rs 1824 lakhs (towards duty) on
 the Company in September 2006 jointly and severally with the Lessee, in
 respect of a Lease transaction. The Appellate Tribunal admitted the
 appeal preferred by the Company and granted stay against the recovery
 proceedings in March 2007.
 
 During the year, the Customs Excise and Service Tax Appellate Tribunal
 (CESTAT) in its Order, while mentioning the approximate duty to be
 around Rs 43 lakhs, remanded the appeal to the adjudicating Commissioner
 for requantifying the duty. The Tribunal has also revised the penalty
 to Rs 10 lakhs. The Company has sought legal opinion on the further
 course of action.
 
 The Special Director of Enforcement, New Delhi, imposed a penalty of Rs
 10 lakhs on the Company. The Company has preferred an appeal against
 the penalty with the Appellate Tribunal for Foreign Exchange and
 obtained a stay after remitting Rs 2.50 lakhs as directed by the
 Tribunal. Meanwhile the Company initiated arbitration proceedings
 against the Lessee and has received an award in its favour.
 
 1.4 Estimated amount of contracts remaining to be executed on capital
 account - Rs 774.63 lakhs (net of advances of Rs 2204.47 lakhs).
 (31.03.2011 - Rs 3098.26 lakhs, net of advances of Rs 922.69 lakhs).
 
 1.5 There are no amounts due to Small Scale Industries in terms of
 The Micro, Small and Medium Enterprises Development Act, 2006.
 
 1.6 Contingent liabilities in respect of
 
                                                    (Rs in lakhs) 
 
                                              31.03.2012    31.03.2011
 
 a) Liability -
 
 To Banks - on Cheques discounted               15,08.96      16,66.75
 
 on Letter of Credit                            28,28.95      11,86.00
 
 b) Claims against the Company not 
 acknowledged as Debts:
 
 Hire Purchase transactions and 
 termination of Lease                              31.07         31.07
 transactions - Appeals filed by the Company
 
 Service Tax                                    45,01.73      20,60.01
 
 Others                                         12,54.69      10,81.69
 
 1.7 Derivative contracts outstanding:
 
 Hedging exchange rate risk                     47,10.00             -
 
 Hedging interest rate risk                            -     545,00.00
 
 1.8 Cost Insurance Freight (CIF) 
 value of imports:
 Capital goods (on payment basis)               12,98.14       9,57.19
 
 1.9 Expenditure in foreign currency 
 (on payment basis): Interest                    9,74.76             -
 
 On other matters                                  25.43         16.94
 
 1.10 Earnings in foreign currency
 
 Dividend from an Associate Company              2,89.25             -
 
 Income from other services (IT support
 services)                                         86.28         68.41