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Notes to Accounts of Sheetal Bio-Agro Tech Ltd.

Mar 31, 2010

1. INFORMATION PURSUANT TO THE PROVISIONS OF PART II OF SCHEDULE VI OF THE COMPANIES ACT, 1956 (VIDE NOTIFICATION DATED 30TH OCTOBER 1973 OF THE DEPARTMENT OF COMPANY AFFAIRS, GOVERNMENT OF INDIA)

The companies in the business of trading of bio fertilizes & organic fertilizer, the matter relating to opening balance, consumption of the raw material & its closing stock are not applicable.

2. LICENSED AND INSTALLED CAPACITY (PER ANNUM)

As the company is not in the process of manufacturing activities, this matter is not applicable.

3. Previous years figures have been regrouped / rearranged wherever necessary to confirm to the current - year classification.


Mar 31, 2009

1. Loans and advances include:

(a) Loans to companies amounting to Rs, 7,92,49,700/- (maximum amount due during the year 10,20,00,800)

(b) Loan to a party for the land activities amounting to Rs. 2,75,00,000/-

(c) Due from a party towards profit earned by the company in land trading activity amounting to Rs. 19,43,050/-

(d) Loans to others 15,00,000/-

All the above loan amounts have been given for the business purpose/outstanding for business transaction only. However the repayment schedules have not been fixed up & they all are subject to balance confirmations.

2. INFORMATION PURSUANT TO THE PROVISIONS OF PART II OF SCHEDULE VI OF THE COMPANIES ACT, 1956 (VIDE NOTIFICATION DATED 30TH OCTOBER 1973 OF THE DEPARTMENT OF COMPANY AFFAIRS, GOVERNMENT OF INDIA)

The companies in the business of trading of bio fertilizes & organic chemicals, the matter relating to opening balance, consumption of the raw material & its closing stock are not applicable.

3. LICENSED AND INSTALLED CAPACITY (PER ANNUM)

As the company is not in the process of manufacturing activities, this matter is not applicable.

4. Previous years figures have been regrouped / rearranged wherever necessary to confirm to the current year classification.

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