| 1. (a) Rights and preferences attached to Equity Shares
The Company has only one class of equity shares having a par value of
Rs. 10 per share. Each holder of the equity shares is entitle to one
vote per share. The Company declares and pays dividend in Indian
rupees. The dividend proposed by Board of Directors is subject to
approval of the shareholders in the ensuing Annual General Meeting.
In the event of liquidation of the Company the holders of Equity shares
are 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.
(b) Compnay has allotted 87,46,520 equity share as fully paid up
pursuant to scheme of demerger without payment being received in cash.
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