The Company has only one class of equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share. The dividend, if any, proposed by the Board of Directors and approved by the shareholders in the Annual General Meeting will be paid in Indian rupees. 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. The distribution will be in proportion to the number of equity shares held by the shareholders.

1 Remittance in foreign currency during the year (Previous Year__NIL)

2 Earnings in foreign exchange during the year (Previous Year____NIL)

3 Tax deducted at source on interest (Previous Year Rs. 20000/-) RS. 21 Inventories consisting of securities and commodities are valued at lower of cost or market price.

4 In the opinion of the Directors, Current Assets, loans and advances have the Value at which they are stated in the Balance Sheet, if realised in the ordinary course of business.

5 The company did not owe any sum to any small scale Industrial undertaking.

6 Dividends received consist of Rs. 2,03,291.60 from stock in trade (Previous year Rs. 1,17,818.70) and Rs. 3,28,626/- from Long Term Investments (Previous Year Rs.2,06,250.50).

7 Figures of previous year have been recast /re-arranged to make them comparable with that of current year.

8 In the opinion of the Company, there is mainly only one identified segment i.e. activities of NBFC for the purpose of Accounting Standard 17 and all the operations of the company were conducted within India as such there is no separate reportable geographical segment.

9 Depriciation on fixed assets has been provided on the written down values at the rates prescribed under the Companies Act 1956 which is higher by Rs. 17,615/- had it been provided at the rates prescribed under the IT Rules, 1962.

10 Disclosure of transactions with related parties as required by the Accounting Standard 18

Transactions at the National Spot Exchange Limited of which it is a member, were carried out in the ordinary course as a broker only. There was no outstanding balance at the end of the year.

11 Earning Per Share is calculated by dividing the profit after tax attributable to equity shareholders by the outstanding aggregate equity shares in accordance with the prescribed accounting statndard

12 No provision has been made for the shortfall, if any, in respect of the cost value and the market value of long term investments as the Directors are of the opinion that diminution, if any, in value is not permanent.

13 Information pursuant to Non-Banking Financial ( Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions 2007 is appended in the annexure.

14 There is no deferred tax liability as per Accounting Standard 22 issued by the Institute of Chartered Accountants of India in respect of accounting for taxes on income.

15 Additional information for disclosure required to be made pursuant to the provisions of paragraph 3,4C and 4D of part II of Schedule VI of the Companies Act, 1956 and Accounting Standards has been given to the extent applicable.