Equity Shares

In the event of liquidation of the company, the holder of equity shares will be entitled to receive any of the remaining assets of the company, after distribution of all preferential amounts. However, no such preferential amounts exist currently. The distribution will be in the number of equity shares held by the shareholders at the time of liquidation

b) Details of Shareholders holding more than 5% share in the company

Equity Shares Fully Paid at Rs. 1/- each

1. Previous year figures have been regrouped, reworked, rearranged and reclassified whenever necessary.

                                      As At 31st      As At 31st 
                                      March, 2015     March. 2014

Claims against the Company not acknowledge as debts

Income tax matters                     31,34,370           NIL

3. Estimated amount of contract 
remaining to be executed on
Capital Account and not provided 
for the year                              NIL              NIL

4. Amount Outstanding to SSI Units        NIL              NIL

(i) Audit Fees                             25000          25000

The Company has been operating significantly in a single segment.

7. There are no delays in payments to Micro, Small and Medium Enterprises as required to be disclosed under "The Micro, Small and Medium Enterprises Development Act, 2006."

8. Related Party Disclosure as per AS 18 (As identified by the Management): (i) Related Party Relationship

(a) Where Control Existed NIL

(b) Key Management Personnel 1) Manoj Jain

2) A.R. Coutinho

(c) Relatives of Key Management Personnel 1) Yashu Jain

2) Manish Jain

9. Loans and Advances (annexure 1):

The company has not complied with the provisions of section 186 of the Companies Act, 2013 by granting Loans to various parties amounting to more than the limit prescribed under the section 186 (2) without passing special resolution in General Meeting as required u/s 186(3).