| 2. | Land was revalued on 30.09.2008 at lower of current replacement cost and realisable value based on revaluation report issued by professional valuers and resultant incremental value of Rs.15,47,40,380 has been added to fixed assets with corresponding credit to Revaluation Reserve Account. |
| 3. | The company has becomes 100% Subsidiary of Kesoram Industries Ltd. with effect from 01.07.2008. |
| 4. | Schedule 1 to 13 form part of accounts for the period ended 31st March, 2009 |
| 5. | Till last year preliminary expenses were written off over a period of 10 years. However, in keeping with provisions of Accounting Standard (AS) 26 issued by Central Government, a sum of Rs.1,10,400 has been written off to Profit & Loss Account during the year. |
