NOTES :

1. The Company has only one class of shares referred to as equity shares having a par value of ' 10/-. Each holder of equity shares is entitled to one vote per share.

2. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts. However, no such preferential amounts exist currently. The distribution will be in proportion to the number of shares held by the shareholders.

3. Details of Share holders holding more than 5% of total shares as on 31st March, 2016

Notes :

Disclosure pertaining to Micro, Small and Medium Enterprises (as per information available with the Company : Principal amount Outstanding as at 31st March, 2016 ' NIL, (' 2,12,740/-)

Derivative Instruments :

i. The Company uses foreign currency forward contracts to hedge risk associated with foreign currency fluctuations. The Company does not use forward contracts for speculative purposes.

Outstanding Forward Contracts entered into by the Company on account of payables:

1. RELATED PARTY DISCLOSURE :

Name of the related party Relationship

A. Name of the related party with whom the Company has transactions during the year

East Coast Powers Limited Subsidiary

The West Coast Paper Mills Ltd Control of KMP

Shree Ram Trust Control of KMP

Orbit Udyog Pvt. Ltd. Control of KMP

B.N. Kapur Pvt Ltd Control of KMP

The Thirumbadi Rubber Co. Ltd. Control of KMP

Crossley & Towers Pvt.Ltd Control of KMP

Shree Satyanarayan Investments Co. Ltd Control of KMP

The Diamond Company Ltd Control of KMP

Sri Girija Prasanna Cotton Mills Ltd . Control of KMP

The Indra Company Ltd. Control of KMP

Veer Enterprises Ltd. Control of KMP

Akhivi Tea Plantations & Agro Ind. Ltd. Control of KMP

Gold Mohore Investments Co. Ltd. Control of KMP

Saumya Trade & Fiscal Services (P) Ltd. Control of KMP

Shree Kumar Bangur Chairman

Virendraa Bangur Managing Director

P N Ojha Executive Director P K Gupta Chief Financial Officer

S K Lahoti Company Secretary

Shashi Devi Bangur Relative of KMP

Bharati Bangur - Executive (Corporate Affairs) Relative of KMP

The estimates of future salary increase, considered in actuarial valuation, take into account of inflation, seniority, promotion and

relevant factor, such as demand supply in the employment market.

2. As per Section 135 of the Companies Act, 2013, a CSR committee has been formed by the Company. The average net profit of the Company made during the three immediately financial years, as calculated under the provision of section 198 of the Companies Act, 2013, is negative, therefore no amount has been earmarked for the purpose of Corporate Social Responsibilities.

3 The Board has approved in their meeting held on 8th September, 2014 sale of the Company's Chloro Alkali Manufacturing Facility at Ganjam in Odisha and Salt Manufacturing Facility at Pundi in Andhra Pradesh "on as is where is basis" on a slump sale basis as a going concern to Aditya Birla Chemical (India) Ltd (ABCIL) at a lump sum consideration of ' 212 Crores. The Company has finally handed over its Chloro Alkali Manufacturing Facility at Ganjam, Orissa and Salt Manufcaturing Facility at Pundi in Andhra Pradesh to ABCIL on 21st September, 2015.

4 Basis of calculation of Basic and Diluted Earnings Per Share is as under :

5 Current year’s figures are not comparable as the Company has sold Chloro Alkali Manufacturing Facility at Ganjam, along with Salt Fields on slump sale basis on "as is where is basis" on 21/09/2015 to Aditya Birla Chemicals (India) Limited.

6 Figures in bracket represent amount related to previous year.

7 Previous year's figures have been rearranged / regrouped wherever necessary.