NOTE NO. 1
 
 The legal title in respect of farm land to the extent of 30.84 acres is
 yet to be registered in favour of the company.
 
 NOTE NO. 2 Contingent Liabilities not provided for in respect:
 
 Claims not acknowledged as debts in respect of direct tax matters in
 appeals - Rs.179.74 lakhs
 
 NOTE NO. 3
 
 Particulars of Employees required in pursuant to the Provisions of Sec.
 217(2A) of the Companies Act, 1956 read with the Companies (Particulars
 of Employees) Rules, 1975 - Nil.
 
 NOTE NO. 4
 
 There are no separate reportable segments (business and/or
 geographical) in accordance with the requirements of Accounting
 Standard 17 - Segment Reporting'', notified in the companies
 (Accounting Standards) Rules 2006.
 
 NOTE NO. 5 Disclosure under Micro, Small and Medium Enterprises
 Development Act, 2006
 
 There are no Micro and Small Scale Business Enterprises, to whom the
 Company owes dues, which are outstanding for more than 45 days as at
 March 31, 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.
 
 NOTE NO. 6
 
 Balances of Sundry Debtors, Advances and Sundry Creditors are subject
 to confirmation with the respective parties.
 
 NOTE NO. 7
 
 Taxes on Income:
 
 (a) Provision has been made for tax as per the normal provisions of the
 Income Tax Act, 1961.
 
 (b) In compliance with the Accounting Standard AS 22 Accounting for
 Taxes on Income issued by the Institute of Chartered Accountants of
 India, the company has provided Rs.15,71,779/- towards deferred tax
 liability in the year 2011-12. The major components of deferred tax
 asset / liability are on account of timing differences in depreciation,
 carried forward of losses and Minimum alternate tax.
 
 NOTE NO. 8
 
 These financial statements have been prepared in the format prescribed
 by the Revised Schedule VI to the Companies Act, 1956. Previous year
 figures have been regrouped wherever if thought necessary in conformity
 with the current year groupings. Paise have been rounded off to the
 nearest rupee.
 
 Notes to the financial statements, Cash Flow Statement and statement on
 accounting policies form an integral part of the balance sheet and
 profit and loss statement.