The company has an unfunded defined benefit gratuity plan. Every employee who has completed 5 years or more of service is eligible for a gratuity on departure at 15 days salary (last drawn salary) per each completed year of service. Consequent to the adoption of revised AS-15 Employee Benefits issued under Companies (Accounting Standards) Amendment Rules 2008, the following disclosures have been made as required by the standard.

2. Segment Reporting (AS -17)

Basis of Preparation:

Information is given in accordance with the requirements of Accounting Standard 17 on Segment Reporting. Revenues and expenses directly attributable to the Segments are allocated to the respective segments. Those revenues and expenses which cannot be directly allocated to the Segments are apportioned on a reasonable basis. Segment Capital employed represents the net assets in that Segment. It excludes Capital reserve and tax related assets

Business Segments:

The Company's business is organized and management reviews the performance based on the business segments. The Company's business may be divided into two major Segments.

(A) Income from Trading in Shares & Securities, Commodities & Derivatives; and

(B) income from Financial Consultancy Services.

Geographical Segments:

The Company's operations are solely in one Geographic segment namely "Within India" and hence no separate information for Geographic segment wise disclosure is required.

3. Related Party Disclosures (AS-18)

A. Related parties and nature of relationship

i) Key Management Personnel

Mr. TusharAgarwal, Chairman

Mr. NarendraArora, Whole Time Director

Ms. MamtaThakkar, Director (w.e.f. 12.03.2015)

ii) Enterprises & Other parties which are significantly influenced by the Company (either individually or with others) with whom transactions has taken place during the year:

Excelsior Electric Company (Upto 18/07/2013)

4. The Company believes that no impairment of assets has arisen during the year as per the accounting standard - 28" Impairment of asset"

5. Contingent Liabilities

There are no contingent liability as on balance sheet for which the company is required to make provision in the books of accounts.

6. Details of dues to Micro and Small Enterprises as defined under the MSMED Act, 2006

The Company has not received any information from it's vendors regarding their status under the Micro, small & medium enterprises & development act, 2006 and hence disclosure if any, required under the said act has not been made.

7. Additional Disclosures as required in terms of Paragraph 13 of NonBanking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 issued by Reserve Bank of India.

8. Disclosures as required by RBI Notification No. DNBR.019/CGM (CDS) - 2015 dated April 10,2015 has not been given since the asset size of the Company does not exceed Rs. 500 Crores as on the Balance Sheet date.

9. Earnings in Foreign Currency

Professional Fees Rs. Nil/-(31 March 2014 - Rs. 1,109,144/-)

10. Consequent to the enactment of the Coporate Act, 2013 ('the Act') and its applicability for the accounting period commencing on or after April 1,2014, the Company has re-worked the depreciation with respectto the useful lives of the fixed assets as precribed by PART-C of the Schedule II of the Act. Where remaining useful life of an asset is Nil, the carrying amount of the asset after retaining the residual value (net of deferred tax), as at April 1,2014 has been adjusted to the retained earnings amounting to Rs. 1.74 Lacs. In other cases, the carrying values has been depreciated over the remaining useful lives of the assets and recognised in the Statement of Prof it and Loss. Had not there been any change in the useful life of the assets, depreciation forthe year would have been lower by Rs. 4.15 lacs.

11. In the opinion of the Board of Directors, the Current Assets, Non-Current Assets have a value on realization in the normal course of business atleast equal to the value at which they are stated in the Balance Sheet.

12. a) Figures of the previous year have been re-grouped and reclassified wherever necessary to correspond with the figure of the current period

b) Figures have been rounded off to nearest rupees.