f) Investment details:

100% invested in LIC Group gratuity (cash accumulation policy)

g) Actuarial assumptions

Mortality table (LIC) 2012-14 (ultimate)

Discounting rate - 7.65%

Expected rate of return on plan asset - 8.25%

Rate of escalation in salary - 5%

1. Estimated amount of contracts remaining to be executed on capital account and provided for is Rs.Nil.

2. Contingent Liabilities: Nil (Previous Year: Nil)

3. Segmental Reporting: As the company was engaged only in software development and Consultancy during the year, business segment reporting is not applicable. Geographic revenue is allocated based on the location of the customer:

4. The Company has during the year sent out letters seeking confirmations from its suppliers whether they fall under the category of micro, small and medium enterprises as mentioned under the Micro, Small and Medium Enterprises Development Act, 2006. Based on the information available with the Company, the Company believes that it does not have any outstanding dues to micro, small and medium enterprises. Further, the Company has not paid any interest to the micro, small and medium enterprises.

5. Balances due to or due from the parties are subject to confirmation.

6. Figures of previous year have been regrouped / reclassified wherever necessary to conform to the current year’s presentation / classification.

7. Figures are rounded off to nearest rupee.