1. The Company is engaged in the business of marketing of dry cell batteries, flashlights, packet tea, general lighting products, insect repellents and other homecare products which come under a single business segment known as Fast Moving Consumer Goods (FMCG).

2. Geographical Segment – (Rs Lacs)

for the year ended March 31, 2009:

Sales within India - Rs 89698.48

Sales outside India - Rs 2832.26

3. Trial proceedings before the Chief Judicial Magistrate, Bhopal, on the modified charges framed under the directions of the Supreme Court that commenced in September 1997, are yet to be concluded. As per advice of legal counsel, allegations against the Company are without any firm basis and possibilities of proceedings against the Company, succeeding are extremely remote. Since the charges are very likely to fail, no provision is necessary at this stage.

4. Pursuant to an MOU on August 29, 2007 with Housing Development & Infrastructure Ltd (HDIL) for the transfer of its leasehold premises at Navi Mumbai for a consideration of Rs 11500 Lakhs, the Company had earlier received Rs 6150 Lakhs and the balance amount on July 29, 2008, resulting in full recovery of transaction value. Necessary clearances are being obtained to complete the transfer formalities. The income effect to the transaction will be recorded on completion of the relevant formalities.

5. Figures of the previous quarters/ periods have been regrouped/ rearranged wherever considered necessary.

6. The above results was reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on April 27, 2009.

Suvamoy Saha
Director