Notes to Accounts of Deltron Ltd.

Mar 31, 2014

1. SHARE CAPITAL

a) The Company has issued one class of shares i.e., equity shares which enjoy similar rights in respect of voting, payment of dividend and repayment of capital.

2. TRADE PAYABLE

Total dues of Micro & Small enterprises outstanding for more than the stipulated period is NIL.

3. CASH AND CASH EQUIVALENTS

*Fixed Deposit includes deposits for periods exceeding three months and deposit of Rs 90,000 (Previous year Rs 14,00,000) with maturity of more than 12 months.

4. Capital Advance - payment made to HSIDC for purchase of land, the possession of which has not been given to the Company as the HSIDC is in dispute over the title of the said land with the Defence Authorities.

5. Segment reporting is not applicable to the Company.

6. Related Party Disclosures:

Information about Related Party

Sr. Related Party Relationship No.

a) Group Companies

1. Continental Device India Limited Group Company

2. Delta Electronics Private Limited Group Company

b) Key Managerial Personnel

1. Dr. Gurpreet Singh Director/Promoter

2. Mr. Inderdeep Singh Director/Promoter

3. Mr. Kumar Srinivasan Wholetime Director

7. The Company has provided for Gratuity as per the Accounting Standard 15 (revised 2005). On the basis of Actuarial Valuation done as of 31st March 2014, additional gratuity liability has been created in the books of Rs 56,187 for the year.

Information regarding various benefits provided to employees:

a) Under defined contribution Plan

i) Provident Fund

ii) Employee State Insurance

b) Under Defined Benefit plan

i) Gratuity

1) The discounting rate is considered based on market yield of government bonds.

The estimate of rate of future salary increases considered takes into account inflation, seniority promotion and other relevant factors including supply and demand factors.

2) Net assets/(liabilities) recognised in the Balance Sheet as at respective year ends and experience adjustments.

8. Previous year''s figures have been regrouped wherever considered necessary.

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Mar 31, 2013

1 Capital Advance - payment made to HSIDC for purchase of land, the possession of which has not been given to the Company as the HSIDC is in dispute over the title of the said land with the Defence Authorities.

2 Segment reporting is not applicable to the Company.

3 The Company has provided for Gratuity as per the Accounting Standard 15 (revised 2005). On the basis of Actuarial

Valuation done as of 31st March 2013, additional gratuity liability has been created in the books of Rs 62,947 for the year.

Information regarding various benefits provided to employees :

a) Under defined contribution Plan

i) Provident Fund

ii) Employee State Insurance

b) Under Defined Benefit plan

i) Gratuity

4 Previous year''s figures have been regrouped wherever considered necessary.

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Mar 31, 2012

A) The Company has issued one class of shares i.e., equity shares which enjoy similar rights in respect of voting, payment of dividend and repayment of capital.

1 Capital Advance - payment made to HSIDC for purchase of land, the possession of which has not been given to the Company as the HSIOC is in dispute over the title of the said land with the Defence Authorities.

2 Segment reporting is not applicable to the Company.

3 The Company has provided for Gratuity as per the Accounting Standard 15 (revised 2005). On the basis of Actuarial Valuation done as of 31st March 2012, additional gratuity liability has been created in the books of Rs 59,573 for the year.

Information regarding various benefits provided to employees :

a) Under defined contribution Plan

i) Provident Fund

ii) Employee State Insurance

b) Under Defined Benefit plan

i) Gratuity

4 Previous year's figures have been regrouped wherever considered necessary.

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Mar 31, 2011

1) Other Administrative Expenses include Director Fees of Rs. 36,000/- (Previous Year - Rs.34,000/-)

2) Capital Advance - payment made to HSIDC for purchase of land, the possession of which has not been given to the Company as the HSIDC is in dispute over the title of the said land with the Defence Authorities.

3) Amount, due to Small Scale Vendors over 30 days -Nil, Borrowing costs capitalized during the year -Nil. Net loss due to foreign exchange fluctuation - Rs. - NIL- (Rs. NIL)

4) Segment reporting is not applicable to the Company.

5) The Company has provided for Gratuity as per the Accounting Standard 15 (revised 2005). On the basis of Actuarial Valuation done as of 31st March 2011, additional gratuity liability has been created in the books of Rs 5.87 lacs for the year.

Information regarding various benefits provided to employees:

i) Under defined contribution Plans

a) Provident Fund

b) Employee State Insurance Corporation.

ii) Under Defined Benefit plan a) Gratuity

6) Previous year's figures have been given in brackets.

7) Schedule 'A' to 'J' form the integral part of the Balance Sheet and have been authenticated.

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Mar 31, 2010

1) Other Administrative Expenses include Director Fees of Rs. 34,000/- (Previous Year- Rs.28,000/-)

2) Capital Advance - payment made to HSIDC for purchase of land, the possession of which has not been given to the Company as the HSIDC is in dispute over the title of the said land with the Defence Authorities.

B 1) Additional information as required under Schedule VI to the Companies Act, 1956, is as follows and is based upon the information considered as sufficient by the management to give these in the manner as given in the accounts and notes:

2) Amount, due to Small Scale Vendors over 30 days -Nil, Borrowing costs capitalized during the year -Nil. Net loss due toforeignexchangefluctuation-Rs. -NIL-(Rs. NIL)

3) Segment reporting is not applicable to the Company.

4) The Company has provided for Gratuity as per the Accounting Standard 15 (revised 2005). On the basis of Acturial Valuation done as of 31" March 2010, provision has been created in the books for additional gratuity liability of Rs 0.12 lacs for the year.

Information regarding various benefits provided to employees:

i) Under defined contribution Plans

a) Provident Fund

b) Employee State Insurance Corporation.

ii) Under Defined Benefit plan a) Gratuity

5) Previous years figures have been given in brackets.

6) Schedule A to J form the integral part of the Balance Sheet and have been authenticated.