Notes to Accounts of Alpha Graphic India Ltd.

Mar 31, 2015

1. Internally manufactured components are excluded from raw materials and classified as:

i) finished goods, if they are sold without further processing.

ii) work-in-progress or as 'manufactured components subject to further processing' or as 'semi-finished products' or 'intermediate products', if they are sold only after further processing . iii) manufactured components', if they are sometime sold without further processing

Under the Revised Schedule VI, there is no need to give quantitative details for any of the items.

Details required to be given under broad heads for work-in-progress s hould be determined based on the nature of each business and other facts and circumstances. Normally 10% of total value of work-in-progress is considered as an acceptable threshold for determination of broad heads. Any other threshold can also be considered taking into account the concept of materiality and presentation of true and fair view of the financial statements.

* Mode of valuation for each class of inventories should be disclosed, if other than "at lower of cost and net realisable value".

* Details of loans and advances to related parties should be given in accordance with the disclosure requirements contained in AS 18 Related Party Disclosures.

*Or any of them either severally or jointly with any other person to be stated separately.

* To disclose current assets that do not fit into any other asset category.

In case any amount classified under this category is doubtful, it is advisable that such doubtful amount as well as any provision made there against is separately disclosed.

2. Contingent liabilities and commitments (to the extent not provided for) -

(i) Contingent liabilities shall be classified as:

(a) Claims against the company not acknowledged as debt;

(b) Guarantees;

(c) Other money for which the company is contingently liable.

(ii) Commitments shall be classified as:

(a) Estimated amount of contracts remaining to be executed - on capital account and not provided for;

(b) Uncalled liability on shares and other investments partly paid;

(c) Other commitments (specify nature). - - 3. The amount of dividends proposed to be distributed to equity and preference shareholders for the period and the related amount per share shall be disclosed separately. Arrears of fixed cumulative dividends on preference shares shall also be disclosed separately.

4. Where in respect of an issue of securities made for a specific purpose, the whole or part of the amount has not been used for the specific purpose at the balance sheet date, there shall be indicated by way of note how such unutilised amounts have been used or invested.

5. If, in the opinion of the Board, any of the assets other than fixed assets and non-current investments do not have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated, the fact that the Board is of that opinion, shall be stated.

6. Balance confirmation have not been received in certain cases. Thus such balance due to or due from the parties are subject to necessary adjustment on receipt of confirmation.

7. We relying the entry appearing in the books of accounts when ever proper supporting not attached.

8. Additional information pursuant to the provision of paragraph 3 & 4 in part 11 of the Schedule vi of the companies act 1656 is not applicable.

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Mar 31, 2014

1) Pursuant to the Notification No.447 (E) dated February 28,2011 and Notification No.653 (E) dated March 30, 2011, issued by the Ministry of Corporate Affairs, the Company has prepared its financial statements for the year ended March 31, 2014 as per revised schedules VI to the Companies Act, 1956. Accordingly, the previous year''s figures have been regrouped / reclassified, wherever required to align the financial statements to the Accounting Policies

2) There are no contingent liabilities nor provided for.

3) Depreciation has been provided on assets as per WDV method by the company.

4) The value of realization of Current Assets, Loans and Advances in the ordinary course of business will not be less than the value at which they are started in the balance sheet.

5) Auditors remuneration is as under :

a) Audit fees Rs. 15,000/- (Prv.Yr. Rs. 15000/-)

b) Income Tax matter Rs. Nil/- (Prv. Yr. Rs. NIL)

c) Other Matters Rs. Nil/- (Prv. Yr. Rs. NIL)

6) No related party transactions taken place during the year.

7) The additional Information pursuant to the provision of the paragraph 3, 4C, and 4D of Part-II of schedule Vi to the companies Act, 1956 has been furnished to the extend possible and applicable because of the nature of the business of the company.

8) The previous year figure has been regrouped and/or rearranged wherever necessary.

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Mar 31, 2013

1) There are no contingent liabilities nor provided for.

2) Depreciation has been provided on assets as per WDV method by the company.

3) The value of realization of Current Assets, Loans and Advances in the ordinary course of business will not be less than the value at which they are started in the balance sheet.

4) Auditors remuneration is as under :

a) Audit fees Rs. 15,000/- (Prv.Yr. Rs. 15000/-)

b) Income Tax matter Rs. Nil/- (Prv. Yr. Rs. NIL)

c) Other Matters Rs. Nil/- (Prv. Yr. Rs. NIL)

5) No related party transactions taken place during the year.

6) The additional Information pursuant to the provision of the paragraph 3, 4C, and 4D of Part-II of schedule Vi to the companies Act, 1956 has been furnished to the extend possible and applicable because of the nature of the business of the company.

7) The previous year figure has been regrouped and/or rearranged wherever necessary.

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Mar 31, 2012

1) There are no contingent liabilities nor provided for.

2) Depreciation has been provided on assets as per WDV method by the company.

3) The value of realization of Current Assets, Loans and Advances in the ordinary course of business will not be less than the value at which they are started in the balance sheet.

4) Auditors remuneration is as under :

a) Audit fees Rs. 15,000/- (Prv.Yr. Rs. 15000/-)

b) Income Tax matter Rs. Nil/- (Prv. Yr. Rs. NIL)

c) Other Matters Rs. Nil/- (Prv. Yr. Rs. NIL)

5) No related party transactions taken place during the year.

6) The additional Information pursuant to the provision of the paragraph 3, 4C, and 4D of Part-II of schedule Vi to the companies Act, 1956 has been furnished to the extend possible and applicable because of the nature of the business of the company.

7) The previous year figure has been regrouped and/or rearranged wherever necessary.

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Mar 31, 2010

1) There are no contingent liabilities nor provided for.

2) Depreciation has been provided on assets as per SLM method by the company.

3) The value of realization of Current Assets, Loans and Advances in the ordinary course of business will not be less than the value at which they are started in the balance sheet.

4) Auditors remuneration is as under :

a) Audit fees Rs. 15000/-

b) Tax Audit/Income Tax matter Rs. Nil

c) For Other Matter Rs. Nil

5) The additional Information pursuant to the provision of the paragraph 3, 4C, and 4D of Part-II of schedule Vi to the companies Act, 1956 has been furnished to the extend possible and applicable because of the nature of the business of the company.

6) The previous year figure has been regrouped and/or rearranged wherever necessary.