The Company has only one class of equity shares having a par value of Rs. 10 per share.Each Shareholder is eligible for one vote per share.The dividend proposed by the Board of Directors are subject to the approval of shareholders, except in case of interim dividend.

In the event of Liquidatin of the Company, the holders of equity shares will be entitled to receive remaning assets of the Company. The distribution will be in proportion to the number of equity shares held by the shareholders.

2. Rs. 1,250 million are secured by way of first pari passu charge on the Fixed Assets of the Company. Rate of interest 9.75 % p.a.

3. Rs. 720 million are secured by way of first pari passu charge on the Fixed Assets of the Company.

Rate of interest 10.20 % p.a._

4. Rs. 500 million are secured by way of first pari passu charge on the Fixed Assets of the Company. Rate of interest 11.00 % p.a.

5. (a) Disclosure of Sundry Creditors under Current Liabilities is based upon the information available with the Company regarding the status of the suppliers as defined under the Micro, Small and Medium Expenses as per Micro, Small and Medium Enterprise Development (MSMED) Act, 2006.

(b) Details of dues to Micro, Small and Medium Enterprises as per Micro, Small and Medium Enterprise Development (MSMED) Act, 2006

6. The Company has classified the various benefits provided to the employees as under:

i) Defined Contribution Plan

a) Provident Fund

b) Superannuation Fund and Pension Scheme - 1995

The Company has recognized the following amounts in the Statement of Profit and Loss which are included under contribution to Provident Fund and other Funds for their permanent employees.

Note 7 : Segment Reporting Primary Segment

Based on the guiding principle given in the Accounting Standard - 17 "Segment Reporting" issued by the Institute of Chartered Accountants of India, the Company's primary segment are Aluminium Foil Containers, Lids & Rolls. Company's operation during the year predominately consists of Aluminium Foil Containers, Trays, Lids & Rolls. Hence, there is no separately reportable segment.

Note 8 : Contingent Liabilites

a) Disputed demand of Central Excise of Rs. 0.23 Million and the matter is taken up before Central Excise & Service Tax Appellate Tribunal. The Company has made deposit of Rs. 0.23 Million with Central Excise & Service Tax Appellate Tribunal (Previous YearRs. 0.23 Million).

b) Outstanding L.C. & Bank Guarantee issued to clients / suppliers by Bankers secured by counter guarantee of the Company is Rs. 1176.34 Million. (Previous Year Rs. 1269.16 Million).

c) Guarantee given by the Company on behalf of others Rs.125.00 Million.(PreviousyearRs. 125.00 Million)

Note 9 : The Company has transferred a sum of Rs. 0.14 Million for the financial year ended March 31, 2004 to the Investor Education and Protection Fund.

Note 10 : Previous years figures have been regrouped and rearranged wherever necessary.