The Company has only one class of shares referred to as equity shares
 having a par value of Rs. 10/-. Each holder of equity shares is
 entitled to one vote per share.
 
 The Company declares and pays dividends in Indian rupees. The dividend
 proposed by the Board of Directors is subject to the approval of the
 shareholders in the ensuing Annual General Meeting.
 
 During the year ended 31 March 2012, the amount of per share dividend
 recognized as distributions to equity shareholders was Rs. 1.30 (31
 March 2011 Rs. 1.20)
 
 In the event of liquidation of the Company, the holders of equity
 shares will be entitled to receive any of the remaining assets of the
 company, after attribution of all preferential amounts. However, no such
 preferential amounts exist currently. The distribution will be in
 proportion to the number of equity shares held by the shareholders.
 
 1.1 Segment Reporting
 
 The company operates in a single line of business i. e. Real Estate and
 Real Estate Development and also in a single geographic environment
 within India, Hence there is no reportable segment information with
 respect to provision of Accounting Standard 17 Segment Reporting.
 
 1.2 Related Party Disclosures
 
 a) List of Related Parties & Relationship:-
 
 i.  Subsidiary Company:-
 
 Zodiac Developers Private Limited
 
 ii.  Associate/Enterprises where control/significant influence exists
 :-
 
 Zodiac Developers Private Limited
 
 Money Master Leasing & Finance Private Limited
 
 iii. Key Management Personnel (KMP):-
 
 Ramesh V Shah Jimit Ramesh Shah Hozef Darukhanwala
 
 1.3 Contingent Liabilities And Commitments (to the Extent Not Provided
 For)
 
 Particulars                                     31.03.12    31.03.11
 
 Commitments :
 
 Uncalled Liability on Shares Partly Paid of 
 Subsidiary Company (Zodiac                   13,52,00,000  13,52,00,000 
 Developers Private Limited)
 
 Total                                        13,52,00,000  13,52,00,000
 
 1.4 Disclosures required U/s 22 of the Micro, Small and Medium
 Enterprises Development Act, 2006
 
 There are no dues outstanding to Micro and Small Enterprises.
 
 1.5 Previous Year Figures
 
 The Revised Schedule VI has become effective from 1 April, 2011 for the
 preparation of financial statements.  This has significantly impacted
 the disclosure and presentation made in the financial statements.
 Previous yearRs.s figures have been regrouped / reclassified wherever
 necessary to correspond with the current yearRs.s classification /
 disclosure.