The Company earlier was known as "Executive Stock Broking Services Limited" into stock broking business, considering a bearish trend in the coming years, the company felt a need to diversify into Infra activities and accordingly decided to change the name of the company from "Executive Stock Broking Services Limited" to Abhishek Infraventures Limited by changing the Main Objects of the company. Abhishek Infraventures Limited is in the business of Infrastructure Development.

2. Contingent Liabilities and Commitments - NIL-

3. The Company "Abhishek Infraventures Limited" was earlier known as "Executive Stock Broking Services Limited". With effect from 26.07.2013 the name has been changed to Abhishek Infraventures Limited as per the resolution passed by the Shareholders in the Postal ballot Resolution. The entire main objects of the company as per the Memorandum of Association were amended in order to better reflect the business activities of the new name.

4. The Company "Abhishek Infraventures Limited" has taken approval from the Shareholders as per the resolution passed through Postal ballot for carrying out the other objects of the company as per the Memorandum of Association. During the financial year 2013-2014 the entire business was from the other objects of the company and accordingly shown under Schedule "Other Income".

5. Related Party Transactions

(a)Following is the list of related parties and relationships:

Name                                  Relationship

Kishore Bhatia                        Director

Manoj Kumar                           Director

Ajay Sharma                           Director

Kathirvel Kasthuri                    Executive Director

6. Balances under Trade Receivable, Trade Payables, are subjected to confirmation and reconciliation from respective parties.

7. Segment Reporting

a. Business Segment

The Company has considered "Engineering & Construction" as one main business segment for disclosure in the context of Accounting Standard 17 as notified in the Companies (Accounting Standards) Rules 2006. The Company is engaged in the business of Engineering & Construction segment as per the Main Objects of the Company. But however since the company has concentrated entirely on other objects as per the Memorandum of Association the Business Segment for the current year will be "Trading in goods & material".

b. Geographical Segment

During the year under report, the Company has engaged in its business primarily within India. The conditions prevailing in India being uniform, no separate geographical disclosures is considered necessary.

8. Rights of the share holders

The Equity shares of the Company having a par value of Rs. 10/- per share, rank pari passu in all respects including voting rights and entitlement to dividend. Repayment of the capital in the event of winding up of the Company will inter alia be subject to the provisions of Companies Act 1956, Articles of Association of the Company and as may be determind by the Company in General Meeting prior to such winding up.