1.1 The Real Estate and Warehousing division of Transport Corporation
 of India Ltd. stood transferred to the Company effective from 1st April
 2010 in terms of the Scheme of Arrangement between the Company and
 Transport Corporation of India Ltd. as approved vide order dated 15 th
 September 2010 of The Hon''ble Andhra Pradesh High Court.  Necessary
 effects in the accounts were taken in the previous financial year ended
 31st March 2011.
 
 1.2 Exceptional Items, as referred in Statement of Profit and Loss
 consists of costs related to equity shares issued and allotted as per
 the Scheme of Arrangement. These preliminary expenses have been written
 off in the year the same were incurred.
 
 1.3 In the opinion of Board of Directors and to the best of their
 knowledge and belief, the value on realization of current assets, loans
 and advances in the ordinary course of business, would not be less than
 the amount at which the same are stated in the Balance Sheet.
 
 1.4 Preliminary expenses being intangible asset, written off fully as
 per Accounting Standard.
 
 1.5 Contingent Liabilities and Commitments (to the extent not provided
 for) 31-03-2012 31-03-2011
 
                                                   Rupees        Rupees
 
 Contingent Liabilities                               -            -  
 
 Commitments:
 
 Estimated amount of contracts remaining to be  
 executed for Project in Progress                 11,167,618       -
 
 1.6 Previous year''s figures have been regrouped and rearranged, wherever found necessary