The Company provides services in a single business segment which also constitutes the primary basis of segmental reporting set out in financial statements. Hence no separate reporting is done by the Company.

2. Related party transactions

During the year ended June 30, 2011, the Company has entered into transactions with the following related parties.

3. Summary of the transactions with the related parties is as follows:

Transactions during the period Remuneration paid to director Current year Rs. 12,00,000 ( Previous Year Rs. 9,00,000) Outstanding balance Payable to Nextgen Animation Mediaa limited Rs. 38,719,987 (Previous Year Rs. 58,228,762) Loan Repayment during the year Rs. 27,69,549 ( Previous Year received Rs. 29,15,000)

4. Subsidiary companies Millennium Care Inc. , Canada Innovative BPO Ltd., Canada.

During the year Envoy Technologies Inc, USA becomes 100% WOS of innovative BPO solution limited, which was subsidiary of Silverline Technologies Limited in the previous year.

5. Key management personnel

Mohan Subramanian - Wholetime Director

6. As of June 30 2011 the Company has no outstanding dues to any small-scale industrial undertaking as defined under Section 3(j) of the Industries (Development and Regulation) Act, 1951 (Previous Year Rs Nil.)

7. Figures have been rounded to the nearest Rupee. Previous years figures have been regrouped / re-classified to conform with the current period's groupings, wherever necessary.