2. Estimated amount of contracts remaining to be executed on capital account and not provided for Rs. Nil (previous year Rs.15,564,000, net of advances paid). There is no other commitment as at year end.

3. Related Party Disclosure

a. Entities having control

Castron Mining Limited - Holding company (w.e.f. 6th October 2012)

Chinmaya Steel and Power Limited - Intermediary holding company (w.e.f. 26th March 2014)

Chinmaya Holding Private Limited- Ultimate holding company (w.e.f. 26th March 2014)

B L A Industries Private Limited - Ceased to be ultimate holding company (w.e.f. 26th March 2014)

b. Companies in which Key Management Personnel (KMP) has significant influence / control: Anup Malleables Limited - up to 10th January 2014

Mechanical & Electrical Engineering Co. Private Limited B L A International Private Limited B L A Minerals Private Limited Dhanbad Engineering Private Limited

c. Key Management Personnel (KMP)

Shri Devendra Kumar Agarwalla (Ceased to be Managing Director w.e.f. 13th August 2013) Shri Kamal Ghosh (Whole Time Director w.e.f. 29th May 2013)

d. Relatives of KMP

Mrs. Madhu Agarwalla (wife of Managing Director)

Shri Adarsh Agarwalla (Director - son of Managing Director)

Mrs. Dipanwita Ghosh (wife of Whole Time Director)

4. There are no employees (except Managing director who has waived his right to receive managerial remuneration for the year) in the Company as on 31st March 2015. Therefore disclosures are not applicable under Accounting Standard 15 - 'Employee benefits' (revised).

5. Segment reporting:

There are no reportable segments under Accounting Standard 17 "Segment Reporting" as the primary operations comprise of only one segment i.e. manufacturing of coke. Further there are no secondary / geographical segments as the Company does its business only in India.

Deferred tax assets created only to the extent of deferred tax liability.

6. The Company's business which was dependent on the commencement of mining operation by its holding company. In view of the Hon'ble Supreme Court's order cancelling coal block allocations of various companies including the holding company, the Company is planning to initiate the process of searching another project. Further, in the opinion of the management, fixed assets are sufficiently and substantially depreciated / amortized and hence no adjustment would be required to its carrying value. For the purpose of payment to the trade liabilities, Company will be able get sufficient funds from holding company. Considering the same, accounts are prepared on going concern basis.

7. Depreciation has been provided based on the Schedule II of the Companies Act 2013 which has been effective from 1st April 2014. Accordingly carrying value of fixed assets is depreciated over the remaining useful life of the assets. Consequently, depreciation & loss for the year ended is higher by Rs. 1,513,456.

8. Pending finalisation of another project as referred to in note 25 above, the Company is yet to appoint Chief financial officer and Company secretary (key managerial personnel) as required by Section 203 of the Companies Act, 2013. Also the Company is in process of appointing woman director in accordance with Section 149 of the Companies Act, 2013.

9. The additional information as required by Para 5 of General Instructions for preparation of Statement of Profit and Loss (other than already disclosed above) are either Nil or Not Applicable.

10. Previous year figures are regrouped or rearranged wherever considered necessary.