1. In the opinion of the management, the current assets, loans and advances have the values on realization in the ordinary course of business at least equal to the amounts at which they are stated in the balance sheet except the trade receivables and loans and advances which falls under management's policy for bad and doubtful debts as taken in the previous years.

2. Contingent Liabilities and commitments (to the extent not provided for)

Claims against the company not acknowledged as debt -- Contingent Liabilities

3. Income Tax Demand for A.Y 2008-09 of Rs.6,180/-

4. Income Tax Demand for A.Y. 2008-09 of Rs.33,930/-

5. Income Tax Demand for A.Y 2009-10 of Rs.1,10,570/-

6. Income Tax Demand for A.Y. 2009-10 of Rs.11,820/-

7. Income Tax Demand for A.Y. 2014-15 of Rs.1,518/-

8. Income Tax Demand for A.Y. 2015-16 of Rs.33,010/-

9. All Debit and Credit balances are subject to confirmation and reconciliation.

10. There are no dues to Micro; Small & Medium Enterprises as at Balance Sheet date and no interest has been paid to any such parties. This is based on the information on such parties having been identified on the basis of information available with the Company and relied upon by the auditors.

11. Earnings Per Share (EPS) The following reflects the profit and share data used in the basic and diluted EPS Computations:

12. Related Party transactions:

As per the AS 18 for related party transaction issued by The Institute of Chartered Accountants of India and statement provided by the Company for Identification of Related Parties and accepted by the auditors relying on the authenticity of the statement. The related party transactions are as follows.

13.. The financial statement for the year ended 31st March, 2016 has been prepared as per the requirement of the Revised Schedule III to the Companies Act, 2013. The previous year's figures have been accordingly regrouped/ classified to confirm to the year's classification.

14. The accompanying notes are an integral part of the financial statements.