(a) Contingent Liabilities :

i. Bank Guarantee issued by bank on behalf of the Company is ' 16.79 Lacs (P.Y ' 41.79 Lacs). Bank Guarantee has been obtained by pledging Fixed Deposit of the equivalent amount.

ii. Suit Filed against the Company by customers under hypothecation contract amount to Rs. 9.63 Lacs (P.Y Rs. 6.84 lacs). However in some cases the amount are indeterminate and hence are not mentioned.

iii. With respect to Income Tax, there is a disputed demand of interest amounting to Rs. 10,970/- in respect of Assessment Year 2009-2010 for which management has submitted letter for rectification.

(b) Commitments :

i. The Estimated amount of Contracts remaining to be executed on capital account and not provided for is - NIL

2. Income Tax :

i. The net deferred tax liability of Rs. 219.77 lacs as on 31.03.2015, component of which is liability arising out of timing difference on account of depreciation on fixed assets has been recognized in the accounts.

ii. With respect to income tax, demand amounting to Rs. 38.94 lacs has been shown in the Income Tax site. As per the management, these are fictitious demand which needs to be cancelled /rectified by the Income Tax Department and in respect of which corrective response has been submitted by the Company in the Income Tax Site.

3. Segment Reporting :

Primary Segment: Business Segment:

* The Company's business is organized around four business segments namely, Financial, Money Changing, Wind Power Generation and Real Estate. Financial activities consist of granting of loan covered by Hypothecation Agreements, Inter Corporate Deposites and Shares & Securities. Accordingly, the Company has provided primary segment information for these four segments as per Accounting Standard 17 on Segment Reporting issued by I.C.A.I.

* There is no inter-segment transfer.

* All the common income, expenses, assets and liabilities which are not possible to be allocated to different segments are treated as un-allocable items.

4. Depreciation :

The written down value of Fixed Assets whose lives have expired as at 1st April 2014 have been adjusted net off tax, in the opening balance of Profit and Loss Account amounting to ' 16.84 lacs. As per earlier method, depreciation would amount to Rs. 76.67 lacs compared to current depreciation of ' 61.40 lacs. Therefore, profit for the current year has been increased by Rs. 15.27 lacs pursuant to the applicability of the Companies Act, 2013.

5. Suit filed by the Company :

During the year and in earlier years, company had filed cases against the customers to whom loans were given under the Hypothecation Contract. Total numbers of Cases pending are 3343 nos. and the amount involved is approximately Rs. 3433.80 lakhs. The money realized is shown as income in the profit & loss account as all the debts were written off in earlier years.

6. As required by Accounting Standard (AS-28) on 'Impairment of Assets' issued by the Institute of Chartered Accountants of India, in the opinion of the management, the net realizable value of fixed assets is in excess of the written down value and there is no significant impairment loss in the value of fixed assets appearing in this Balance Sheet requiring appropriation/adjustment in the Accounts.

7. Gratuity Plan

The following table set out the status of the Gratuity Plan as required under AS-15.

In the actuarial valuation report of gratuity expense recognized in Profit & Loss account has been shown at ' 3.25 lacs, which is after deducting net interest income of ' 0.12 lacs earned by the Group Gratuity cash accumulation plan fund as on 31.03.2015 as reported by LIC. The said income not been deducted from expenses at ' 3.37 lacs that has been recognized in Profit & Loss Account for the F.Y. ended 31.03.2015 as per Books of Accounts.

8. Leave Encashment Plan

The following table set out the status of the Leave Encashment Plan as required under AS 15.

9. RELATED PARTY TRANSACTIONS DISCLOSURE

Enterprises where control Exists

1 GNB Motors Private Limited

2 Mountview Tracom LLP

3 Rani Leasings & Finance Private Limited

4 T.P. Farms Private Limited

5 Viewlink Highrise Private Limited

6 Ganesh Narayan Brijlal Private Limited

7 Zee ABC Agro Industries Private Limited

8 Tamal Stationers Private Limited

9 NSP Finance Private Limited

10 Global Developers Private Limited

11 Bengal NPR Housing Development Limited

12 GNB Investments Private Limited

13 Regent Enclave Private Limited

14 Limelight Holdings Private Limited

15 E.I. Investments Private Limited

16 Frontline Global Services Private Limited

17 Dream Properties Private Limited

18 Ace Impex Private Limited

19 East End Finance Private Limited

20 Krishnav Constructions Private Limited

21 NPR Developers Private Limited

22 NPR Motors Private Limited

23 Rishi Motors Private Limited

24 Silva Computech Private Limited

25 Shristi Developers Private Limited

26 Supreme Credit Corp. Ltd.

27 Matra Studios LLP

28 Priyashi Construction Pvt. Ltd.

29 Rani Nagar Paper & Boards Pvt. Ltd.

30 New Age Enclave Pvt. Ltd.

31 Oval Promoters LLP

32 Starwire (India) Vidyut Private Limited

Other Entities under the Control of the Company

1 Pawan Kumar Todi

2 Nand Lal Todi

3 Renu Todi

4 Varun Todi

5 Rishi Todi

6 Shanti Devi Todi

7 Priya Manjari Todi

8 Nandlal Pawan Kumar Todi HUF

9 Pawan Kumar Todi HUF

10 Pawan Kumar Raj Kumar Todi HUF

11 Pawan Kumar NandLal Todi HUF

12 Nandlal Raj Kumar Todi HUF

Key Managerial Personnel

1 Pawan Kumar Todi, Managing Director

2 Sarika Mehra, Executive Director & Company Secretary

3 Ashok kumar Shah, CFO

a) There has been no change/ movement in number of shares outstanding at the beginning and at the end of the reporting period.

b) The company has only one class of issued shares i.e Ordinary Shares having par value of Rs. 10/- per share. Each holder of Ordinary Shares is entitled to One vote per share and equal right for dividend. The dividend proposed by the Board of Directors is subject to the approval of shareholders in ensuing Annual General Meeting , except in case of interim dividend. In the event of liquidation, the ordinary shareholders are eligible to receive the remaining assets of the Company after payment of all preferential amounts, in proportion to their Shareholding.

c) The Company does not have any Holding Company/ ultimate Holding Company.

d) Details of Shareholders holding more than 5% Shares in the Company.

e) No Ordinary Shares have been reserved for issue under option and contracts/ commitments for the sale of shares/ disinvestment as at the balance sheet date.

f) No Shares has been alloted or bought back by the company during the period of 5 years preceeding the date at which the balance sheet is prepared.

g) No Securities convertible into Equity/ Preference Shares issued by the company during the year.

h) No calls are unpaid by any director or officer of the company during the year.