Notes to Accounts of Enbee Trade & Finance Ltd.

Mar 31, 2014

1. Terms/rights attached to Equity Shares

The company has only one class of equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share. The company declares and pays dividends in Indian rupees. 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 of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts.

The distribution will be in proportion to the number of equity shares held by the shareholders.

2. Segment Reporting:

In accordance with Accounting Standard 17 "Segment Reporting" as prescribed under Companies (Accounting Standards) Rules, 2006, the Company has determined its business segment as Finance Activities Business. Since there are no other business segments in which the company operates, there are no other primary reportable segments. Therefore, the segment revenue, segment results, segment assets, segment liabilities, total cost incurred to acquire segment assets, depreciation charge are all as is reflected in the financial statements.

3. The "Earning per share (EPS)" has been calculated as specified in Accounting Standard 20 issued by the Institute of Chartered Accountants of India by dividing the Net Profit after Tax for the year by the number of shares allotted by the Company.

4. As per the information available with the Company and relied upon by the auditors:

a. There are no dues towards any small Scale Industrial Undertaking.

b. No dues to suppliers covered under the Micro, Small and Medium Enterprises Development Act, 2006.

5. On the basis of physical verification of assets, as specified in Accounting Standard - 28 and cash generating capacity of those assets, in the management perception there is no impairment of such assets as appearing in the balance sheet as on 31.03.2014.

6. Related parties and transaction with them as specified in Accounting Standard-18 on "Related Party Disclosures" issued by the ICAI has been identified and given below;

(i) Related Party Relationships

(a) Where control exists None

(b) Other Related Parties with whom the Glycosic Merchants Pvt Ltd.

Company had transactions Bajaj Superpack (I) Pvt. Ltd

NOTES:

1) The party listed under (b) above are not "related party" as per the requirements of Accounting Standard 18. However, as a matter of abundant caution, they are being included for making the Financial Statements more transparent.

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Mar 31, 2013

1. Segment Reporting:

In accordance with Accounting Standard 17 "Segment Reporting" as prescribed under Companies (Accounting Standards) Rules, 2006, the Company has determined its business segment as Finance Activities Business. Since there are no other business segments in which the company operates, there are no other primary reportable segments. Therefore, the segment revenue, segment results, segment assets, segment liabilities, total cost incurred to acquire segment assets, depreciation charge are all as is reflected in the financial statements.

2. The "Earning per share (EPS)" has been calculated as specified in Accounting Standard 20 issued by the Institute of Chartered Accountants of India by dividing the Net Profit after Tax for the year by the number of shares allotted by the Company.

3. As per the information available with the Company and relied upon by the auditors:

a. There are no dues towards any small Scale Industrial Undertaking

b. No dues to suppliers covered under the Micro, Small and Medium Enterprises Development Act, 2006.

4. On the basis of physical verification of assets, as specified in Accounting Standard - 28 and cash generating capacity of those assets, in the management perception there is no impairment of such assets as appearing in the balance sheet as on 31.03.2013.

5. Related parties and transaction with them as specified in Accounting Standard-18 on "Related Party Disclosures" issued by the ICAI has been identified and given below;

(i) Related Party Relationships

(a) Where control exists None

(b) Other Related Parties with whom the Glycosic Merchants Pvt Ltd. Company had transactions Aishwarya Polyblends Pvt. Ltd

1) The party listed under (b) above are not "related party" as per the requirements of Accounting Standard 18. However, as a matter of abundant caution, they are being included for making the Financial Statements more transparent.

06. Previous year Figures have been re-grouped/re-arranged wherever found necessary.

In terms of our report of even date attached herewith.

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Mar 31, 2012

1. SHARE CAPITAL

(1) Terms/rights attached to Equity Shares

The company has only one class of equity shares having a par value of Rs. 10/- per share Each holder of equity shares is entitled to one vole per share The company declares and pays dividends in Indian rupees 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 of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts The distribution will be in proportion to the number of equity shares held by the shareholders.

2. Segment Reporting:

In accordance with Accounting Standard 17 "Segment Reporting" as prescribed under Companies (Accounting Standards) Rules. 2006. the Company has determined its business segment as Finance Activities Business. Since there are no other business segments in which the company operates, there are no other primary reportable segments. Therefore, the segment revenue, segment results, segment assets, segment liabilities, total cost incurred to acquire segment assets, depreciation charge are all as is reflected in the financial statements

3. Related party Disclosures :( As identified by the Management)

(i) Related Party Relationships

(a) Where control exists None

(b) Other Related Parties with Glycosic Merchants Pvt. Ltd whom the Company had Aishwarya Polyblends Pvt. Ltd. transactions

NOTES

1) The party listed under (b) above are not "related party" as per the requirements of Accounting Standard 18. However, as a matter of abundant caution, they are being included for making the Financial Statements more transparent

4. The "Earning per share (EPS)" has been calculated as specified in Accounting Standard 20 issued by the Institute of Chartered Accountants of India by dividing the Net Profit after Tax for the year by the number of shares allotted by the Company.

5. As per the information available with the Company and relied upon by the auditors

a) There are no dues towards any small Scale Industrial Undertaking

b) No dues to suppliers covered under the Micro. Small and Medium Enterprises Development Act, 2006.

basis of physical verification of assets, as specified in Accounting Standard - 28 and cash capacity of those assets, in the management perception there is no impairment of such in the balance sheet as on 31 03 2012

06. Previous year Figures have Been re-grouped/re-arranged wherever found necessary

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Mar 31, 2010

1. Depreciation has been provided on written down value method at rates and the manner prescribed under Schedule XIV to the Companies Act. 1956.

2. No other information under clause 4-D of Part-ll to the Schedule VI has been furnished since the same is not applicable for the year.

3. Segment Reporting:

The Company operates in a single geographical and business segment (Finance and related activities).

4. Transactions with Related Parties:(As identified by the Management)

(i) Related Party Relationships

(a) Where control exists None

(b) Other Related Parties Tashi India Limited

Glycosic Merchants Pvt Ltd

NOTES:

1) The parties listed under (b) above are not "related parties" as per the requirements of Accounting Standard 18. However, as a matter of abundant caution, they are being included for making the Financial Statements more transparent.

5. There are no employees in the company.

6. Figures for previous year have been regrouped and rearranged wherever necessary.

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Mar 31, 2009

1. Depreciation has been provided on written down value method at rates and the manner prescribed in Schedule XIV to the Companies Act, 1956

2. No other information under clause 4-D of Part-ll to the Schedule VI has been furnished since the same is not applicable for the year.

3. Segment Reporting: The Company operates in a single geographical and business segment (Finance and relatd activities)

NOTES:

i. The parties listed under (b) above a re not "related parties" as per the requirements of Assounting Standard 18. However, as a matter of abundant caution, they are being included for making the Financial Statements more transparent.

4. Figures for previous year have been regrouped and rearranged wherever neceissary.