1 The name of the Company was changed from Tata Tea Limited to Tata
 Global Beverages Limited with effect from 2 July 2010. Whilst, there is
 no change in the line of business, the change in the name signals the
 intent to be truly global and to focus on wider branded beverage
 agenda.
 
 2 Estimated amount of contracts remaining to be executed on capital
 account and not provided for as at 31 March 2011 aggregated Rs. 1146.33
 Lakhs (Rs. 579.24 Lakhs) (Net of advances Rs. 146.92 Lakhs (Rs. Nil)).
 
 3 Contingent Liabilities not provided for in respect of:
 
 a) Claims under adjudication not acknowledged as debts:
 
                                                       Rs in Lakhs 
                                           Gross    Net of Estimated Tax
 
 i) Taxes, Statutory Duties/Levies etc.   523.87          316.47
 
                                        (362.10)         (208.40)
 
 ii) Commercial and other Claims         497.49           319.75
 
                                        (157.45)         (93.08)
 
 iii) Income –tax/Agricultural 
 Income-tax                               Nil              Nil
 
                                        (20.62)          (20.62)
 
 b) Labour disputes under adjudication relating to some staf – amount
 not ascertainable.
 
 c) Counter Guarantee given on behalf of an Associate Company Rs. 34.94
 Lakhs (Rs. 34.94 Lakhs).
 
 d) Guarantee given to the lender of a subsidiary Rs. 5950.54 Lakhs (Rs.
 5990.57 Lakhs), which is fully covered by a counter guarantee given by
 another subsidiary.
 
 4 Micro enterprises and small enterprises under the Micro, Small and
 Medium Enterprises Development Act, 2006 have been determined based on
 the confirmations received in response to intimation in this regard sent
 by the Company to the suppliers. No interest in terms of Section 16 of
 Micro, Small and Medium Enterprises Development Act, 2006 or otherwise
 has either been paid or payable or accrued and remaining unpaid as at
 31 March 2011.
 
 5 a) The Company had entered into a put option agreement with
 International Finance Corporation (IFC) in relation to their investment
 in Amalgamated Plantations Private Limited (APPL). In terms of the 
 said agreement, IFC has the right to exercise a put option whereby the
 Company is obliged to purchase a maximum of 30 million shares in APPL
 if certain conditions or events stipulated in the said agreement do not
 occur.
 
 b) The Company had entered into a put option agreement with two
 erstwhile promoters of Mount Everest Mineral Water Limited (MEMW) in
 relation to their investments in MEMW. In terms of the said agreement,
 the two erstwhile promoters have the right to exercise a put option
 whereby the Company is obliged to purchase a maximum of 3.11 million
 shares in MEMW if certain conditions or events stipulated in the said
 agreement do not occur.
 
 6 Provision for tax on dividend is net of Rs. 220.82 Lakhs (Rs. 109.47
 Lakhs), including Rs. 133.73 Lakhs (Rs. 109.47 Lakhs) relating to
 earlier years, on account of dividend received from a subsidiary.
 
 7 Basic and Diluted Earnings Per Share have been computed with
 reference to profit after tax of Rs.18058.51 Lakhs (Rs. 39147.02 Lakhs)
 and weighted average equity shares outstanding (nominal value Re. 1)
 during the year aggregating to 6183.99 Lakhs shares. With effect from 2
 July 2010, the face value of the Company''s shares has been subdivided
 from Rs. 10 per share to Re. 1 per share. Earnings per share for
 previous year have been computed based on the revised number of shares.
 
 (iii) Commission from two subsidiaries to certain directors – Rs. 31.45
 Lakhs (Rs. 8.54 Lakhs) .
 
 (iv) Remuneration to Managing Director from a subsidiary – Salary and
 Bonus Rs. 252.06 Lakhs (Rs. 320.87 Lakhs), and other Benefits Rs. 41.73
 Lakhs (Rs. 43.32 Lakhs). Salary and bonus for the current year 
 includes Rs.35.26 Lakhs (Rs. 95.20 Lakhs) pertaining to 2009/10 
 (2008/09) paid in 2010/11 (2009/10).  
 
 (v) The above does not include share of recurring
 retirement Benefits payable to former Managing Director.
 
 8 Interest in Joint Venture
 
 i) During the year the Company has entered into a Joint Venture with
 PepsiCo India Holding Private Limited and formed a jointly controlled
 entity named NourishCo Beverages Limited, which is incorporated in 
 India with 50% interest.  
 
 ii) The Company''s current interest in the Joint venture
 is reported as Long-Term Investments (Schedule 6) and stated at cost.
 The Company''s share in Cash and Bank Balances in this joint venture 
 is Rs. 252.50 Lakhs (P.Y. – Nil).  
 
 iii) Capital commitment of the Company in relation to the interest 
 in NourishCo Beverages Limited is Rs. 2247.50 Lakhs, being its
 contribution to subscribe to Share Capital of the joint venture as 
 and when required.
 
 9 Post-Retirement Employee Benefits:
 
 The Company operates Defined contribution schemes like provident fund
 and Defined contribution superannuation schemes. For these schemes,
 contributions are made by the Company, based on current salaries, to
 recognised funds maintained by the Company and for certain categories
 contributions are made to State Plans. In case of Provident fund
 schemes, contributions are also made by the employees. An amount of Rs.
 661.12 Lakhs (P.Y. Rs. 648.91 Lakhs) has been charged to the profit and
 Loss Account on account of Defined contribution schemes.
 
 The Company also operates Defined benefit schemes like retirement
 gratuity, Defined superannuation Benefits and post-retirement medical
 Benefits.  The superannuation Benefits and medical Benefits are restricted
 to certain categories of employees. The Defined benefit schemes offer
 specifed Benefits to the employees on retirement. Annual actuarial
 valuations are carried out by an independent actuary in compliance with
 Accounting Standard 15 (revised 2005) on Employee Benefits. Wherever
 recognised funds have been set up, annual contributions are also made
 by the Company.  Employees are not required to make any contribution.
 
 The estimates of future salary increases considered in the actuarial
 valuation takes into account factors like infation, future salary
 increases, supply and demand in the employment market, etc., The
 expected return on plan assets is based on actuarial expectation of the
 average long-term rate of return expected on investments of the Funds
 during the estimated term of the obligations.
 
 Experience adjustment on plan liability include Rs. 373.76 Lakhs (2010
 Rs. (571.66) Lakhs, 2009 Rs. (328.57) Lakhs, 2008 Rs. (142.68) Lakhs,
 2007 Rs. (992.26) Lakhs) and on Plan Assets Rs. 46.13 Lakhs (2010 Rs.
 (121.07) Lakhs 2009 Rs. (2.73) Lakhs 2008 Rs. 92.53 Lakhs 2007 Rs.
 107.66 Lakhs).
 
 The contribution expected to be made by the Company for the year ending
 31 March 2012 is not readily ascertainable.
 
 10 Unless otherwise stated, fgures in brackets relate to previous year
 and have been rearranged/regrouped wherever necessary.