1. The aforesaid financial results of the Company for the quarter and year ended March 31, 2009 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on April 22, 2009.

2. Tax expense for the year ended March 31, 2009 includes Deferred Tax Liability of Rs 113.18 Lakhs (Previous Year Deferred Tax Asset of Rs 20.13 Lakhs) and Fringe Benefit Tax of Rs 44 Lakhs (Previous Year Rs 44 Lakhs).

3. The Board has recommended a dividend of Rs 7/- per share of Rs 10/- each on 39,787,221 shares. The total dividend recommended is Rs 278,510,547/-.

4. The Company has a single reportable business segment of "Asset management and other related services".

5. Pursuant to the approval of the Shareholders of the Company at the Annual General Meeting held on June 26, 2008, the Company allotted bonus shares, in the ratio of 1 bonus share for every 2 existing equity shares held on the record date by capitalising the Securities Premium Account of the Company to the extent of Rs 1326.24 Lakhs. Consequently, the Earnings Per Share for the previous year / period have been recomputed in accordance with the Accounting Standard 20 - "Earnings Per Share".

6. Figures for the previous year / period have been regrouped, rearranged and restated wherever considered necessary.

Dr. Archana Hingorani
Chief Executive Officer & Executive Director