a) The Company has only one class of equity shares. The holders of equity shares are entitled to receive dividend as declared from time to time and are entitled to one vote per share.

b) 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 dues. The distribution will be in proportion to the number of equity shares held by the shareholders.

*Based on the information available with the Company, there are no dues to Micro, Small & Medium Enterprise under the Micro, Small and Medium Enterprise Development Act 2006.

* The amounts shown in (23) above represent the best possible estimates arrived at on the basis of available information. The uncertainties and timing of the cash flows are dependent on the outcome of the different legal processes which have been invoked by the Company, or the claimants as the case may be and therefore cannot be estimated accurately. In the opinion of the management, no provision is considered necessary for the disputes mentioned above on the grounds that there are fair chances of successful outcome of appeals.

1 Other Disclosures

1.01 Segment Information (AS-17)

The Company is engaged in activities composed in two segments:

1. Wholesale & Retail Trading of Cloth.

2. Contractual Job Works.

As, the company has multiple reportable segment, disclosure is required to be made under AS-17 Segment Reporting.

1.02 Foreign Currency earnings and Outgoings

The company does not have any foreign currency transactions during the year and hence no details provided under the head foreign currency earnings and outgoings

1.03 Hedging and derivatives :

The company does not have any foreign currency transactions during the year and hence no details provided under the head Unhedged foreign currency exposure.

1.04. Previous year figures have been accordingly re-grouped and re-classified.

2 As per AS - 18, issued by the Institute of Chartered Accountants of India, the disclosures of transactions with related parties:

(a) Key Managerial Personnel

Mr. Deepak Kumar Singh - Managing Director

Signature to Note Nos. 1-27

Notes referred to above and notes attached there to form an integral part of the Balance Sheet As per our report of even date attached.