1. The above results were reviewed by the Audit Committee and were thereafter approved by the Board of Directors at their meeting held on June 27, 2009.

2. The Board of Directors has recommended Dividend @5% (Rs.0.50 per share) for the financial year 2008-09.

3. Pursuant the scheme of Amalgamation, The company has allotted 3646400 equity shares of Rs 10/- each as fully paid up to the shareholders of MFMPL in the proportion of 43 Fully paid Equity share of Rs.10/- each of the company for every 1 fully paid up Equity share of Rs.100/- each of the MFMPL on January 30, 2009, Current quarter/year figures includes the figures of amalgamated Company MFMPL, hence corresponding previous quarter/year figure are not comparable.

4. The Company is working in two segment namely Rubber and Textiles. The segment information is given in the annexure here to.

5. Previous Year´s/Quarter´s figures have been regrouped/rearranged wherever necessary.

Jeetmanl B Parekh
Chairman