1.1 The Term Loan from bank is a Rupee Term Loan taken from Canara Bank
 during the financial year 2011 -12 which carries interest rate of base
 rate   3.5% i.e 13.5% p.a. (floating). It is repayable in 30 equal
 monthly installments. Equipment procured out of Term Loan are secured by
 way of Hypothecation of Equipment on Exclusive charge basis and
 personal guarantee given by the Vice Chairman & Managing Director,
 Executive Director and Director of the Company.
 
 Collateral Security of Land and Building by way of Equitable Mortgage
 on exclusive charge basis.
 
 1.2 5,33,500 shares are pledged in favour of Canara Bank as per terms
 and Conditions of their Sanction Letter
 
 1.3 Term Loan from Bank of Maharastra are Secured by way of 1)
 Hypothecation of Land situated at Jubilee hills, Hyderabad, Computers
 and Peripherals, Furniture & Fixtures, Stock in trade, receivables,
 Outstanding monies and 2) Personal guarantee given by the Vice Chairman
 & Managing Director, Executive Director and Director of the Company
 
 1.4 Deposits from Shareholders taken during the financial year 2010-11
 carry interest of 11% p.a. and are repayable in 2 years.
 
 2.1 Working Capital Loans given by Bank of Maharastra are secured by
 way of hypothecation of Land situated at Jubilee hills Hyderabad,
 Computers and Peripherals, Stock in trade, Software in process, book
 debts and personal guarantee given by the Vice Chairman & Managing
 Director, Executive Director and Director of the Company.
 
 2.2 Working Capital Loan taken from Canara Bank is secured by way of
 hypothecation on paripassu first charge basis along with Bank of
 Maharastra
 
 2.3 Collateral Security of Land and Building by way of Equitable
 Mortgage on exclusive charge basis.
 
 3.  Commitments and Contingencies:
 
 a.  The estimated amount of contracts remaining to be executed on
 capital account, and not provided for (net of advances) is Nil as at
 March 31,2012 (Previous year Rs. 8.10 lakh).
 
 b.  The company has outstanding guarantees of Rs. 6,849.20 lakh as at 31
 st March 2012 (previous year Rs.4,000.14 Lakh).
 
 c.  Few cases relating to vendors are pending in the Courts against
 which the Company is liable to pay to the vendor, contingent liability
 is Rs. 3.15 lakh (previous year Rs. 3.15 lakh).
 
 d.  The company had received an advance ruling in respect of
 applicability of AP VAT on Digitization of Registered documents. The
 Company has challenged the same in the Sales Tax Appellate Tribunal.
 Based on the above advance ruling the Liability works out to be Rs. 57.38
 lakh (Previous Year Rs.51.51 lakh).
 
 4. In the opinion of the board of directors, the Current assets. Loans
 & Advances are expected to realize approximately the values stated in
 the accounts in the ordinary course of business, and provisions for all
 known liabilities have been adequately made in the accounts.
 
 5.  Segmental Reporting:
 
 The Company''s operations predominantly relate to providing Integrated
 Solutions, Technical Division, Projects Division and Software
 Development Services to customers globally operating. Accordingly, the
 primary basis of segmental information setout in these financial
 statements, and secondary segmental reporting is performed on the basis
 of the geographical location.
 
 Income & Direct expenses in relation to segments are categorized based
 on items that are individually identifiable to that segment, while the
 remainder of the costs are allocated on the bases of available
 information. Certain expenses, which form a significant component of
 total expenses, are not specifically allocable to specific segments.
 The Company believes that it is not practicable to provide segmental
 disclosures relating to those costs and expenses, and accordingly these
 expenses are separately disclosed as unallocable and directly charged
 against total income.
 
 a) Geographical Segment
 
 The company has no transactions with parties outside India, so this
 segment isnt applicable for the company.
 
 6. Sundry debtors, sundry creditors, other liabilities, loans and
 advances, advances from customers etc. are subject to confirmation and
 reconciliation. Necessary adjustments, if any will be made when the
 accounts are reconciled and settled. However the management is fairly
 confident that the company will not face any undue risk due to this
 factor.
 
 7.  Micro and Small Scale business entities:
 
 There are no micro and small scale enterprises to which the company
 owes dues, as at 31st March 2012.This information as required to be
 disclosed under the Micro, Small and Medium Enterprises Development
 Act, 2006 has been determined to the extent such parties have been
 identified on the basis of information available with the company.
 
 8.  Impairment of Assets: During the year the company has impaired an
 amount of Rs. 110.01 lakh from the assets purchased for the Bhamasha
 Financial Empowerment Scheme(BFES) project.
 
 9.  Figures for the corresponding year ended March 31,2011, wherever
 necessary, have been regrouped, recast, rearranged as per the new
 Revised Schedule VI.