The Company's equity shares have a face value of Rs 10 per share. Each equity shareholder is entitled to one vote per share. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.

In the event of liquidation, the equity shareholders are eligible to receive the assets of the Company remaining after distribution of all preferential amounts, in Proportion to their shareholding.

None of the Share holder holds more than 5% shares as at 31st March,2014 and at 31st March 2013.

1 Segment Reporting

Since the company is holding Investments and that other activities are incidental thereto, in the opinion of the management there are no separate reportable segment. Accordingly AS-17 notified under the Companies (Accounting Standards) Rules, 2006 in respect of segment reporting is not applicable to the company.

2 There are no transaction during the year with related parties as per Accounting Standard 18 " Related Party Disclosure" as notified under the Companies (accounting Standards) Rule,2006.

3 The directors have waived their right to receive sitting fees and remuneration.

4 In view of pending scrutiny/appeals, the interest on Income Tax Refund has not been recognized as income.

5 The Income Tax assessment of the Company are completed up to Assessment year 201 l-2012.The total demand raised by the income tax department up to the said assessment year is Rs Nil

6 The Previous year figures have been regrouped/reclassified, wherever necessary to conform to the current year presentation