* The additional charge of depreciation on account of revaluation is
 withdrawn from the Revaluation Reserve and credited to the Profit and
 Loss Account.
 
 # The Company has forfeited Rs. 9,45,00,000/- being the 25% advance on
 35,00,000 Preferential warrants at Rs. 108/- per Preferential warrant for
 which the remaining amount was not received prior to the stipulated
 time period. The said amount is transferred to the General Reserve
 Account.
 
 i.  # Working Capital Loans are secured by Hypothecation of Books
 Debts, Current Assets, Unencumbered Plant & Machinery and Portion of
 the Immovable Properties as per the sanction terms.
 
 ii.  # Other Short Term Facilities from Banks are either unsecured
 and/or against the securities offered under working capital limits.
 
 Employees'' Retirement and other Benefits :
 
 Defined contribution Plan : The Company''s c&ntribution to provident
 fund is charged to Profit and Loss Account.
 
 Defined benefit plan: The Company''s Liability towards Gratuity are
 determined by Independent actuaries using the projected credit method.
 Actual gain and losses are recognised immediately in the Income and
 Expenses. Obligation is measured at the Present value of the estimated
 future cash flow using a discounted rate i.e. determined by the market
 yield at the Balance Sheet date.
 
 1.  CONTINGENT LIABILITIES
 
 Contingent Liabilities are not provided for and are disclosed by way of
 notes:
 
 (i) Bank Guarantees and Letter of Credits outstanding amounting to Rs.
 34,769.53 lacs (Previous Year Rs. 29,148.85 lacs).
 
 (ii) Corporate Guarantee issued in favour of the Lenders on behalf of
 their subsidiaries towards the Project Finance of the BOT/Annuity Road
 Projects. Loan amount outstanding as at 31.03.2012 was Rs. 28,740 lacs
 (Previous Year Rs. 4,471 lacs).
 
 2.  Since the principal business of the Company is construction
 activity quantitative data in respect of trading and manufacturing
 activities carried out by the Company as required by Part II of
 schedule VI to the Company''s Act 1956 is not applicable.
 
 3.  The Company has not received any information from the suppliers
 regarding status under the Micro, Small and Medium Enterprises
 Development Act, 2006. (The Act) and hence disclosures required under
 the said act have not been given. The Company is making efforts to get
 the confirmation from the suppliers as regards their status under the
 Act. However, none of the supplier has confirmed the same.
 
 4.  The Financials Statements for the year ended 31.03.2011 had been
 prepared as per the then applicable, pre-revised Schedule-VI to the
 Companies Act, 1956. Consequent to the notification under the Companies
 Act, 1956, the Financial Statements for the year ended 31st March, 2012
 are prepared under revised Schedule-VI. Accordingly, the previous
 year''s figures have also been reclassified to conform to this year''s
 classification.