1. Figures of the previous year have been regrouped/rearranged/reclassified wherever considered necessary.

2. Enterprises over which significant influence exercised by Key Managerial Personnel/ Directors/Relatives of Key Management Personnel during the year: NIL

3. Disclosures required for related party transaction

4. Related party relationship is as identified by the Company on the basis of information available with them and accepted by the auditors as correct.

5. Company has entered into transactions with certain parties as listed above during the year under consideration. Full disclosures have been made and the Board considers such transaction to be in normal course of business and at rates agreed between the parties.

6. No amount has been written off or written back during the year in respect of debt due from or to related parties.

7.. Working Capital Borrowings:

The facilities from Andhra Bank are secured by hypothecation of stock of Raw Material, Stock in process, stores & Spares, Finished goods, Packing material, Book Debts, Bill discounted, etc. The credit facilities are secured by equitable mortgage of land belonging to the Company and other personal guarantees.

8. Term Loans:

Term loan facilities from Andhra Bank are secured by hypothecation of Plant & Machinery and equitable mortgage of land belonging to the Company and other personal guarantees.

The same are repayable in quarterly installments as per terms of sanction.

9. Details of Bank FDR’s held as on 31.03.2016:

10. The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Act, 2006 and hence disclosures, if any relating to amounts unpaid at the yearend together with interest paid/payable as required under the Act cannot be furnished.

11. Financial cost and other expenses related to projects have been capitalized.