1. The above Audited results were reviewed by the Audit Committee and were taken on record by the Board of Directors at their meeting held on June 30, 2009.

2. Income from Operations Includes Guest Accommodation, Restaurant and Banquet sales of Rs 2764.63 lakhs. Subscription from Members and Others of Rs. 26528.66 lakhs.

3. It is difficult to identify segment wise Profitability & Capital Employed considering that Infrastructure is common for all the revenue activities of the Company.

4. Tax indicates Provision for MAT / Deferred Tax / FBT.

5. Status of Investor Complaints: Received during the Year 12, Solved 12, Pending : Nil

6. The Board has recommended a Final Dividend of Re.0.40 per share (20% on Face Value of Rs.2/-) for approval of Shareholders.

7. During the year the Company has allotted 7,00,000 convertible warrants to the promoter at Rs.770/- per warrant convertible into equal number of equity shares of Rs.l0/- each (Due to Sub division of equity shares each warrant will be converted into 5 equity shares of Rs. 2/- each).

8. EPS has been computed in accordance with the Accounting Standard AS - 20.

9. Out or the funds of US$25 Million raised (during the Year 2006-07) by Issue of Zero Coupon Foreign Currency Convertible Bonds, the entire amount has been utilized for the purpose for which the funds have been raised.

10. CCIL has raised further Capital to the tune of US$ 86.90 Million (During the Year 2007-08) against the issuance of 22,157,065 Global Depository Receipts. The entire amount has been utilized for the purpose for which the funds have been raised.

11. The Company has raised capital to the tune of Rs 14478.48 lakhs, by way of Issuance of Equity Shares through the Qualified Institutional Placement route and the entire amount has been utilised for meeting its expansion plans as stated in the prospectus.

12. During the Year the Company has subdivided its face value of Equity Shares of Rs. 10/- each into five Equity Shares Rs. 2/- each.

13. The ISIN number of the Company has been changed from 1NE652F01019 to INE652F01027 consequent to subdivision of Equity Shares Rs.l0/-(Ten) to Rs.2/-(Two).

14. Figures for the previous year have been re-grouped wherever necessary.

Y Siddharth Reddy
Vice Chairman, Joint Managing Director & CEO