1. Segment Reporting as required under AS-17 is not applicable, as more than 90% of revenue comes from a single segment of Financing.

2. During current period, Preference shares of Rs 82.035 crore stand redeemed and an equivalent amount has been transferred to Capital Redemption Reserve Account.

3. The shareholders at the AGM held on September 12, 2008 have approved reduction of share capital for aligning the stake of LIC to 8.39% as requested by LIC, Order of High court of Delhi passed on February 26, 2009 for reduction of share capital and minutes forming part of petition have registered by Registrar of Companies on April 15, 2009. The reduction in share capital is effective from date of registration i.e. April 15, 2009.

4. Figures of the previous period / year have been re-arranged/ re-grouped, wherever necessary.

5. Board of Directors has recommended dividend @ 8% i.e. Rs 0.80 per equity share of Rs 10/- each amounting to Rs 71.36 crore (including Corporate Dividend Tax of Rs 10.37 crore), subject to approval of members in the AGM.

6. The above financial results were taken on record by the Board of Directors in the meeting held on June 27, 2009.

Atul Kumar Rai
Chief Executive Director & Managing Director