A) Terms / Right attached to equity shares

The Company has one class of issued shares referred to as equity shares having a par value Rs 10/-each holder of equity shares is entitled to one vote per share. The dividend proposed by the board of directors, If any, is subjected to the approval of shareholders in Annual General Meeting. In the event of liqauidation of the Company the holder of the equity shares will be entitled to receive remaining assets of the Company after settlement of all preferential amount. The distribution will be in proportion to the number of equity shares held by the equity shareholders.

Note 2:

The Balance in parties accounts are subject to confirmation and reconciliation , If any. In the opinion of the management all current assets including stock in trade / sundry debtors and loans and advances in the normal course of business would realize the value at least to the extent stated in the Balance sheet.

Note 3:

Micro, Small and Medium Enterprises There are no Micro, small and Medium enterprises in respect of whom the Company dues are outstanding for more than 45 days at the Balance sheet date. The above information regarding Micro, Small and medium enterprises have been determined to the extent such parties have been identified on the basis of information available with the Company and relied upon by the auditors.

Note 4:

Figures have been rounded of the nearest thousands and decimals thereof.

Note 5:

The Company has only one reportable business segment namely trading of IMFL and Beer

Note 6:

CONTINGENT LIABILITIES ( to the extgent not provided for )

                                           31-03-2015      31-03-2014

a) Guarantee given by
Bankers and outstanding                          Nil             Nil

b)  Estimated amount of contracts
remaining to be executed on Capital
Accounts and not Provided for
(net after advance Payment )                     Nil             Nil

c)  Counter guarantee given                      Nil             Nil

RELATED PARTY DISCLOSURES (As identified by the management and relied upon by Auditors)

a) Name of related parties and nature of relationship where control exists are as under:-

I) Associate Companies

1) Rajasthan Telematics Ltd.

2) K.K Distilleries Pvt.Ltd.

3) K.K. Industries

II) Key Management Personnel

1) Parasram Jhamnani

2) Raj Kumar Jain

3) Gajraj Singh

4) Anupam Garg

III) Relatives of Key Management Personnel

1) Bharat Jhamnani

2) Smt Jyoti Jhamnani

3) Vinod Jhamnani