The Company mainly deals in Export of manufactured/blended Tea to the middle-east countries. Due to Political uncertainty and economic crisis in those countries, in the recent past, the Company was unable to procure any business. The Company has been trying to develop business in other markets.

2. Rights Attached to Equity Shares

- The company has only one class of shares i.e. Equity Shares having par value of Rs. 10/- per share. Each equity shareholder is entitled to one vote per share.

- Each Shareholder is eligible to receive dividend, if distributed and in the event of liquidation of the Company, a shareholder is entitled to receive remaining assets of the Company, after distribution of all preferential dues in proportion to the number of equity shares held by the shareholders.

3. Contingent Liabilities in respect of Income Tax matter under appeal Rs 2,663,540/- (Previous Year Rs 2,663,540/-)

4 Segment Reporting :

Segment Reporting as defined in Accounting Standard - 17 on ' Segment Reporting' issued by ICAI, is not applicable since the operations of the company relates to only one segment.

5 Deferred Tax Assets/Liabilities :

The difference between taxable income and accounting income generally give rise to deferred tax assets and liabilities, but in view of the uncertainty and insufficiency of future profits, it has not been considered prudent by the management to account of such assets and liabilities.

6 The Company has no amounts due to suppliers under the Micro, Small & Medium Enterprises as defined under the Micro, Small & Medium Enterprises Development Act., 2006 (MSMED) as at 31.03.2014. Hence no additional disclosure have been made. The information regarding Micro, Small and Medium Enterprises has been determined to the extent such parties have been identified on the basis of information.

7 Previous years figures have been regrouped and rearranged, whenever necessary.