2) Below are the name of the shareholders hol ding more th an 5% of Shares of the company

3) All the investments made by the company a re valued at Cost .

4) Managerial Remuneration: Nil

5) Company does not have any inventory.

6) Deffered tax arising on account of timing differeance and which are capable of reversal in one or m ore subsequent periods is recognised using the tax rates and tax laws that have been enacted or substantively enacted. Deffered tax assests are recognised unless there is virtual certainty with respect to the reversal of the same in future years.

7) All schedules annexed to and form integral part of the Balance Sheet and Profit & Loss Account.

8) Minimum Alternative Tax (MAT) is recognised as an asset only when and to th e extent there is convicing evidence that the company will pay normal income tax during the specefied period. The Company reviews the same at each balance sheet date and writes down the carrying amount of MAT Credit Entilement to the extent there is no longer convicing evidence to the effect that company will pay normal Income Tax during the specified period.

9) Value of Import on CIF Basis Nil

10) Earnings in Foreign Exchange (FOB Value) Nil

11) Expenditure in Foreign Currency Nil

12) No Relative Party Transactions has made du ring the year except Managerial Remu neration paid to Key Managerial Remuneration as disclosed