1.  Estimated amount of contracts remaining to be executed on capital
 account - Net of Advances of Rs. 3926 lacs (previous year Rs. 2099.69
 lacs)
 
 2.  The charge by way of hypothecation of inventories in favour of
 Bankers also extends to the guarantees aggregating to Rs.  1098.11 lacs
 (previous year Rs. 31 lacs) given by the Bank on behalf of the Company.
 
 3. The outflow of the resources in respect of pending disputed matters
 in respect of Sales Tax and Excise Duty would depend on the ultimate
 outcome of the disputes lying before various authorities amounting to
 Rs. 491.39 lacs (previous year Rs.  491.39 lacs). The Company has taken
 legal and other steps necessary to protect its position in respect of
 these claims.
 
 4. There are no Micro and Small enterprises to whom the Company owes
 amounts which are outstanding as at 31st March 2011. This information
 as required to be disclosed under the Micro, Small and Medium
 Enterprises Development Act, 2006 (MSME) has been determined on the
 basis of and to the extent information is available with the Company.
 No interest is paid / payable during the year to any enterprise
 registered under the MSME.
 
 (c) The remuneration as approved by the Remuneration Committee/ Board /
 Shareholders paid/provided to the Managing Director during the year has
 been considered as the minimum remuneration, resulting in excess of
 such remuneration over maximum remuneration, as per sanction received
 from Ministry of Corporate Affair vide letter dated 11th May, 2011
 amounting to Rs. 170.46 lacs. The Company will file an application with
 the Central Government in this regard.
 
 5. Disclosure pursuant to Accounting Standard AS-15 “Employee
 Benefits
 
 B.  Defined Benefit Plans:
 
 Contribution to Gratuity:
 
 Provision for Gratuity has been made in the accounts based on an
 actuarial valuation carried out at the close of the year. The Company
 does not have any funding arrangement and the liability is discharged
 to the employees in the year of retirement / cessation of employment.
 
 6.  (i) Advances recoverable in cash or in kind or for value to be
 received includes:
 
 Rs. 2148.85 lacs (previous year Rs 2148.85 lacs) for which the Company
 has entered into deeds of assignment for transfer of debts outstanding
 and receivable by the Company, to the purchaser of the debts.
 
 (ii) In the opinion of the Board, Current Assets, Loans and Advances
 have a value on realisation in the ordinary course of business at least
 equal to the amount at which they are stated.
 
 7.  The Company has recognised exchange differences arising on long
 term foreign currency monetary items in line with para 46 of Accounting
 Standard 11, inserted vide notification No. 43R 22E dated 31st March,
 2009 as per Companies (Accounting Standard) Amendment Rules, 2009.
 
 Pursuant to the above, effect of exchange difference on long term
 foreign currency monetary items, so far as they relate to acquisition
 of depreciable capital assets, have been adjusted to the cost of such
 assets and depreciated over their remaining useful lives. Accordingly,
 net exchange gain relating to the financial year 2010-11 amounting to
 Rs. 27.93 lacs, has been adjusted to the cost of fixed assets.
 
 There are no long term foreign currency monetary items which require
 exchange differences to be amortised.
 
 8.  In accordance with Accounting Standard – 17 “Segment Reporting”,
 segment information has been given in the consolidated financial
 statement of the Company and therefore, no separate disclosure on
 segment information is given in these financial statement.
 
 9.  Previous year figures have been re grouped /recast, wherever
 necessary.