1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 30, 2009.

2. Previous years figures have been regrouped, reclassified and rearranged wherever necessary for proper presentation.

3. The company has only single reportable business segment and hence segment report as per AS-17 is not applicable.

4. The details of fund raised through IPO and utilization of said funds are as follows :

Utilization of funds :

(a) Expenses for setting up of a new 1500 TPD Soyabean processing plant near Gandhidham, Gujarat : Rs 5123.70 Lakhs
(b) Refinery at Surat : Rs 684.27 Lakhs
(C) Further investment in wholly owned subsidiary in Singapore : Rs 1250.00 Lakhs
(d) Funding Part of our long term working capital : Rs 6069.86 Lakhs
(e) Brand Building Activity : Rs 53.00 Lakhs
(f) Investment in increasing warehousing capacities and continuous capex for existing units: Rs 1076.84 Lakhs
(g) Sidhpur Factory Expansion : Rs 532.45 Lakhs
(f) Public Issue Expenses : Rs 983.61 Lakhs

Total : 15774.53 Lakhs

Less: Bank Loan : Rs 3220.00 Lakhs

Total fund utilized till March 31, 2009 Rs 12554.53 Lakhs

5. The Board has recommended dividend at Rs.1.50 per Equity share subject to approval of members at the ensuing Annual General Meeting

6. As the company´s shares have been listed on 4th June,2008,the figures for corresponding quarter ended on March 31, 2008 are not available for comparison.

7.The Board has approved sub division of shares of face value of Rs.10 per share into 5 Equity shares of Rs.2 each.

Balvantsinh Rajput
Chairman & Managing Director