| 18.1 | 13% Secured redeemable non convertible debentures aggregating Rs.1,00,00,00,000 (2008-09 - Rs.Nil), privately placed (allotment date -17th November, 2008) have been redeemed at par by exercising put option during the year. On the aforesaid redemption, Rs.25,00,00,000, being 25% of the aforesaid value of debentures in Debenture Redemption Reserve, has been tranferred from Debenture Redemption Reserve to the Profit and Loss Account. | |
| 18.2 | 7.3% secured redeemable non convertible debentures aggregating Rs 1,00,00,00,000 (31.03.2009 - Rs. Nil), privately placed (allotment date -17th November, 2009) are due for redemption at par at the end of 13 months from the date of allotment. Debenture Redemption Reserve of Rs.25,00,00,000, being 25% of the aforesaid value of debentures, has been created out of the profits for the year. | |
| 19.1 | Short term loans from banks (Schedule 4) include : | |
| Commercial Paper of Rs.50,00,00,000 (31.03.09 - Rs.Nil). | ||
| Short term loans from others (Schedule 4) comprise : | ||
| a) | Commercial Paper - Rs.2,40,00,00,000 (31.03.09 - Rs.Nil) | |
| b) | 6.4% redeemable non convertible debentures aggregating Rs.50,00,00,000 (31.03.09 - Rs.Nil), privately placed (allotment date -17th March, 2010) are due for redemption at par on 16th April, 2010. | |
| c) | 6.2% redeemable non convertible debentures aggregating Rs.15,00,00,000 (31.03.09 - Rs.Nil), privately placed (allotment date -24th February, 2010) are due for redemption at par on 24th May, 2010. | |
| d) | 6% redeemable non convertible debentures aggregating Rs.25,00,00,000 (31.03.09 - Rs.Nil) and Rs.25,00,00,000 (31.03.09 - Rs.Nil), privately placed (allotment dates -15th February, 2010 & 17th February, 2010) are due for redemption at par on 14th May, 2010 and 17th May, 2010 respectively. | |
| e) | 5.71% redeemable non convertible debentures aggregating Rs.30,00,00,000 (31.03.09 - Rs.Nil), privately placed (allotment date -15th February, 2010) are due for redemption at par on 12th May, 2010. | |
| 19.2 | Other loans from banks (Schedule 4) include :- | |
| a) | Zero coupon unsecured redeemable non convertible debentures aggregating Rs 1,10,00,00,000 (31.03.2009 - Rs.Nil), privately placed (allotment date -15th March, 2010) are due for redemption at par at the end of 396 days from the date of allotment. | |
| b) | 7.75% unsecured redeemable non convertible debentures aggregating Rs 50,00,00,000 (31.03.2009 - Rs.Nil) privately placed (allotment date -19th March, 2010) are due for redemption at par on 5th April, 2011. | |
| c) | 8.35 % unsecured redeemable non convertible debentures aggregating Rs 1,00,00,00,000 (31.03.2009 - Rs.Nil) privately placed (allotment date -22nd September, 2009) are due for redemption at par at the end of 377 days from the date of allotment. | |
| 19.3 | Debenture redemption reserve of Rs 1,01,25,00,000, being 25% of the value debentures referred to in Notes 19.1 and 19.2 above has been created out of the profit of the Company. | |
| 20 | Pursuant to the Announcement on Accounting for Derivatives issued by the Institute of Chartered Accountants of India in March, 2008,the company has accounted for during the year net loss amounting to Rs.1,43,41,747 (31.03.09 - Rs.17,36,12,270) in respect of outstanding derivative contracts at the Balance sheet date by marking them to market as indicated in Note 1 (g) above and the resultant excess liability of Rs.15,92,70,523 net of realised loss (net) of Rs.87,23,742 during the year arising from derivative contracts is written back and included in ‘Miscellaneous Income’ under Schedule 13 to accounts. In 2008-09, the aforesaid mark to market loss along with realised loss (net) of Rs.77,02,500 was included ‘Miscellaneous Expenses’ under schedule 15 to accounts. | |
