1. Contingent liabilities in respect of
 
                                                          (Rs in Lacs)
 
                                              As at 31st 
                                              Mar 2012      As at 31st 
                                                            Mar 2011 
 
 Disputed demand of Central
 Excise/Income Tax Department                   305.61        417.08
 
 2.  Estimated amount of contracts remaining to be executed on capital
 account (net of capital advances) for tangible assets and not provided
 for Rs 845.10 Lacs [Previous year Rs 28.90 Lacs].
 
 3.  Tax assessment of the Company under Income Tax Act, 1961 has been
 completed upto financial year 2008-09 and the VAT assessment upto
 financial year 2008-09.
 
 31.  Consequent to inadequacy of profits for the year, under section
 349 of the Companies Act, 1956, the remuneration paid to Chairman cum
 Wholetime Director has resulted in an excess by Rs 77.23 Lacs, for the
 which steps being taken by Company to obtain Central Government
 approval.
 
 4.  Disclosures regarding Derivative Instruments
 
 (a) The Company uses forward exchange contracts to hedge its exposure
 in foreign currency. There are no contracts entered into for the
 purpose of speculation.
 
 (b) The information on derivative instruments as on 31st March, 2012 is
 as follows:
 
 Defined contribution Plans:
 
 During the year, Rs 74.72 Lacs (Previous year Rs 62.57 Lacs) recognised
 as an expense and included in the note 24 of profit & loss statement
 under the head Contribution to Provident and other funds.
 
 5. segment Reporting
 
 (A) Primary segment:
 
 In accordance with the requirements of AS - 17 on Segment Reporting,
 the Company has determined its business segment as Electric
 Transformer. Since all of the Company''s business is from
 Electric Transformer, there are no other primary reportable
 segments. Thus the segment revenue, segment result, total carrying
 amount of segment liabilities, total cost incurred to acquire segment
 assets, the total amount of charge for depreciation during the year are
 all reflected in the financial statement as of and for the year ended
 31st March, 2012.
 
 6. The Revised Schedule VI has become effective from 1st April, 2011
 for the preparation of financial statements. This has significantly
 impacted the disclosure and presentation made in the financial
 statements. Previous year''s figures have been regrouped /
 reclassified wherever necessary to correspond with the current year''s
 classification / disclosure.