1.  Vikas Granaries Limited was incorporated in the year 1994. The
 shares of the Company were listed on Bombay Stock Exchange Limited
 (the stock exchange) and other stock exchanges in India in 1996. The
 Company is an agro based industry manufacturer of Guar Gum Powder and
 its derivatives.
 
 2.  The Company is engaged in the business of manufacturing of guar gum
 and its derivatives which as per Accounting Standard 17 on Segment
 Reporting is considered to be the only reportable business segment.
 
 3.  Information pursuant to paragraph 3, 4C & 4D of part II of Schedule
 VI of the Companies Act, 1956.
 
 4.  Information required as per the Micro, Small and Medium Enterprises
 Development Act, 2006
 
 The Company has requested its vendors to confirm their status under
 Micro, Small and Medium Enterprises Development Act, 2006. Based on the
 confirmations received, there are no amounts due to any micro or small
 enterprise under the MSMED Act, 2006.
 
 5.  Commitments and contingent liabilities
 
 Firm capital commitments
 
 Estimated amount of contracts remaining to be executed on capital
 account Rs 12.09 lacs (Previous year Rs. 117.54 lacs).
 
 6.  Previous year figures have been regrouped or recast wherever
 necessary to make them comparable with those of the current year.