The Company has only one class of equity shares having a par value of ' 10 per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends in Indian rupees.

2. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. This distribution will be in proportion to the number of equity shares held by the shareholders.

3. The Company has not reserved any shares for issue under options and contracts/commitments for the sale of shares/disinvestment.

4. The Company for the period of five years immediately preceding the date of Balance Sheet has not:

i. Allotted any class of shares as fully paid pursuant to contract(s) without payment being received in cash.

ii. Allotted fully paid up shares by way of bonus shares.

iii. Bought back any class of shares.

5. DISCLOSURES REGARDING EMPLOYEE BENEFITS :

i) Defined Contribution Plan: Employee benefits in the form of Provident Fund is considered as defined contribution plan and the contributions to Employees' Provident Fund Organisation established under The Employees' Provident Fund and Miscellaneous Provisions Act 1952 is charged to the Statement of Profit and Loss of the year when the contributions to the respective funds are due.

ii) Defined Benefit Plan: Retirement benefits in the form of Gratuity are considered as defined benefit obligations and is provided for on the basis of third party actuarial valuation, using the projected unit credit method, as at the date of the Balance Sheet. As the Company has not funded its liability, it has nothing to disclose regarding plan assets and its reconciliation.

iii) As there is no change in number of employees as well as in their remuneration during the year, third party acturial valuation has not been done at the year end and estimated provision has been considered.

ix) Amount incurred as expense for defined contribution to Provident Fund is ' 120805 (Previous Year ' 122254).

6. EXCEPTIONAL ITEMS

Compensation to employees on full & final settlement

7. CONTINGENT LIABILITIES AND COMMITMENTS

1. Contingent liabilities

a. Disputed Demand NIL (Previous Year NIL)

21.2 Commitments

a. Estimated amount of contracts remaining to be executed on capital account and not provided for (Net of advances) Nil (Previous year Nil)

b. Uncalled liability on shares and other investments which are partly paid ' NIL (Previous year ' NIL)

c. Other commitments ' NIL (Previous year ' NIL)

8. In accordance with the provisions of the Companies Act 2013, effective from 1st April, 2014, the Company has reassessed the remaining useful lives of its fixed assets prescribed by Schedule II to the Act or actual useful life of assets, whichever is lower. In case of any asset whose life has completed as above, the carrying value, net of residual value of ' 4340421, as at April 1, 2014 has been adjusted to the Surplus in the Statement of Profit & Loss and in other cases the carrying value has been depreciated over the remaining of the revised life of the assets and recognized in the Statement of Profit and Loss.

9. The figures for the previous period are re -grouped, wherever necessary so as to be in conformity with the figures of the current period's classification/disclosure.

10. INFORMATION REGARDING MICRO, SMALL AND MEDIUM ENTERPRISES

As the Company has not procured any supply of materials, the provisions of Micro, Small and Medium Enterprises Act, 2006 are not applicable

11. SEGMENT REPORTING (AS - 17)

As there is neither more than one business segment nor more than one geographical segment, segment information as per AS - 17 is not required to be disclosed

12. RELATED PARTY (Disclosure as per Accounting Standard AS - 18)

A) Related parties with whom transactions have taken place during the year

Key Managerial Personnel

i) Sri Ramesh Kumar Haritwal, Managing Director & CEO ii) Sri Saurabh Mittal, Non - Executive Chairman

Enterprise ownded/influenced by Key managerial personnel or their relatives

i) Greenply Industries Ltd.

ii) Greenlam Industries Ltd.

Note : Related Party Relationship is as identified by the Company and relied upon by the Auditors

13. CURRENTTAX:

In view of brought forward losses, provision for income tax is not considered necessary