1. The above results have been reviewed and recommended for adoption by the Audit Committee to the Board of Directors and have been approved by the Board of Directors at its meeting held on June 30, 2009.

2. The Board of Directors have recommended a dividend of Re 1/- per equity share for the Financial year 2008-09.

3. The Company has only one segment, accordingly there is no separate reportable segment required under AS-17 issued by the Institute of Chartered Accountant of India.

4. During the year ending March 31,2009 M/s. Balaji Tollways Ltd has become a subsidiary of the company. The consolidated financials of the company have been combined on line to line basis after eliminating the intra group transactions. Consolidation has been done after M/s. Balaji Tollways Ltd became a subsidiary.

5. The auditors have qualified the accounts for the year ended March 31, 2009 as under:

(a) Short amortization of the toll collection rights of (Mumbra by-pass road) during the year amounting to Rs. 4360.12 lakhs, pending the process of getting the extension in the concession period. Had the company provided the depreciation based on the Government notification, the Depreciation would have been higher by Rs 4360.12 lakhs and the Net Block and the profit after tax would have been lower by Rs. 4,360.12 lakhs and Rs. 4,075.12 lakhs respectively. Based on the developments during the year the company is of the firm opinion that the concession period will be extended based on the recommendation.

(b) Non-provision of Mark-to-market loss amounting to Rs l,351.17 lakhs on Rupee Foreign Currency swap transactions as on March 31, 2009. Pending the quantification of actual loss / gain on the completion of the derivative contract with the authorized dealer, the company has not provided for the mark to market losses in the interim period.

6. Previous periods figures have been regrouped/ recast wherever necessary.

7. The ID for the lodging of grievances by investors is - investors@atlantainfra.com

Rajhoo Bbarot
Managing Director