2. The balances in the parties accounts under Sundry Creditors, Sundry Debtors, Advance from Customers, Loans & Advances, Deposits etc., are subject to confirmation./ Reconciliation/ Adjustments if any.

3. Sundry creditors dues to Micro, small and Medium enterprisers development Act,2006, could not be ascertained due to lack of information.

4. Expenditure incurred in foreign currency- Rs. NIL

5. C I F Value of imports of raw material Rs NIL.

6. Previous years figures have been regrouped and reclassified wherever necessary in order to be in conformity with current years presentation.

7. As the company has brought forward taxable losses, no provision for tax has been made. Taking into account the consideration of prudence, no asset or liability is anticipated on account of Deferred tax.

8. The Company has taken a Ginning unit on lease basis with effect from 29.08.2008, the operating results were incorporated in the accounts

OTHER DISCLOSURES -

1. Segments have been identified in line with the accounting standard 17 "Segment Reporting" taking into account the organisation structure as well as the differing risks and returns.

2. Company has disclosed business segment as the primary segment.

3. Composition of business segment

                            Comprises
Name of the segment         of

b) Cotton Lint

c) Others Wastes, Cotton seeds & Kappas

9. The segment revenue results, assets and liabilities include the respective amounts identifiable to each of the segments and amounts allocated on reasonable basis.

10. The accounting policies of the segments are the same as those described in the significant accounting policy as referred in schedule 18 to the accounts.