B. The Financial statements have been drawn on in accordance with Schedule III of Companies Act 2013 (as amended) and figures of the previous year have been regrouped/reclassified to conform to those of the Current Year.

C. The Company recognized Rs, 7.76 lakhs (Previous Year Rs, 8.38 lakhs) for provident fund contributions and Rs,. 4.06 lakhs (Previous Year Rs, 4.04 lakhs) for superannuation contributions in the statement of profit and loss.

D. The Company has a Deferred Tax Asset of Rs,. 79.28 lakhs, as at 31st March, 2015 (Previous Year Rs, 72.37 lakhs). In view of uncertainty, this amount has not been recognized in the accounts of the year.

E. The company does not owe any amount to Small Scale Industries.

F. On the basis of information available with the company there are no dues to Micro, Small and Medium Enterprises as on 31st March 2015.

G. Unhedged Foreign Currency/Card/TC exposure as on 31-03-2015 is Rs, 115.89 lakhs (Previous Year Rs, 5.97 lakhs).

I. Contingent Liabilities:

a) The Income Tax demand of Rs, 25.79 cr. relating to the Financial Year 2005-06, raised in December 2011 has been nullified by the Commissioner of Income Tax (Appeals) in his order dated 25/05/2012, however the Department has gone on appeal before the ITAT The disputed income tax demand of Rs, 24 lakhs for relating to the accounting year 2003-04 is under appeal before CIT (Appeals).

b) The disputed Service Tax Demand from the years 2003-04 to 2007-08, of Rs, 3.47 lakhs, are under appeals before Commissioner of Customs, Excise and Service Tax, Appellate Tribunal, Chennai.

II. Segment Report

The Company is operating in one business segment of fee based activities.

III. Key Management Personnel

Mr. K. Suresh - President & CEO (without remuneration).

Mrs. E. Jayashree - Company Secretary (without remuneration).

IV. Employee Benefits

Gratuity :

The employees are eligible for Gratuity benefits as per the Payment of Gratuity Act, 1972. The Gratuity Scheme is governed by a Trust created for this purpose by the Company. The amount of Contribution to be made is arrived at based on an Actuarial valuation done at the Balance Sheet date, as given below and is accounted accordingly.

Each equity shareholder is entitled to one vote at the meetings and dividend when declared. The rights of the shareholder is governed by the Articles of Association of the Company and the Companies Act, 2013.

Notes :

1. As defined in paragraph 2(1) (xii) of the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998.

2. Provisioning norms shall be applicable as prescribed in the Non - Banking Financial Companies Prudential Norms (Reserve Bank) Directions, 1998.

3. All Accounting standards and Guidance Notes issued by ICAI are applicable including for valuation of investments and other assets as also assets acquired in satisfaction of debt. However, market value in respect of quoted investments and break up / fair value / NAV in respect of unquoted investments should be disclosed irrespective of whether they are classified as long term or current in column (5) above.