Notes to Accounts of Chemiesynth (Vapi) Ltd.

Mar 31, 2014

1. Terms / rights attached to equity shares

The Company has only one class at equty shares having par value of Rs 10 each Each holder of equity shares is onritlue :e cna vote per share in the event of liquidation or Lha Campany, the holders or equity Shares Will be entitled to the remainng assets of the Ccmparcy. after distributed cf all prelerertoaI amounts. The distribution will be h proportion to the number cl eqity snares held by the Sharer-alders.

2. ContingenT Liablities no provided for in respect of:

Letter of guarantees issued by the Bank Rs/10,000/-(Rs. 10,000/-)

3. the deprecaion provided during the year includes RS 0.34 Lacs on Ihe increased gross value of bulding arising on revaluation and the same is recouped from Revaulation reserve.

4.The Company has provided for Rs Nil ( RS.13,77,160) respect of of Bad & Doutdlt Debts.

5. The Balances of Debtors Creditors & Loan Advances are subject confirmations.

6. The company's primary busines segment is manufacturing of dyes& intermediates based on guiding principles given in accounting standard on " segmentreporting " As-17 issued by the institute of charted accountants of india this actrivity fails with in single primary bysiness segment and accordingly the diclsure requiremts of AS-17 in this regard are not applicable.

7. Ralatod party Distiosures

The company the yeer the company entered into transaction wiih the parties those transaction along with related balances as at 31st March 2012 and for year then ended are presented in the following table.

8. Figures in brabckets are in respect of previous year. figures of previous year have been restated,regrouped and earning wherever necessary.

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Mar 31, 2013

1. Terms / rights attached to equity shares

The Company has only one class at equty shares having par value of Rs 10 each Each holder of equity shares is onritlue :e cna vote per share in the event of liquidation or Lha Campany, the holders or equity Shares Will be entitled to the remainng assets of the Ccmparcy. after distributed cf all prelerertoaI amounts. The distribution will be h proportion to the number cl eqity snares held by the Sharer-alders.

2. ContingenT Liablities no provided for in respect of:

Letter of guarantees issued by the Bank Rs/10,000/-(Rs. 10,000/-)

3. the deprecaion provided during the year includes RS 0.34 Lacs on Ihe increased gross value of bulding arising on revaluation and the same is recouped from Revaulation reserve.

4.The Company has provided for Rs Nil ( RS.13,77,160) respect of of Bad & Doutdlt Debts.

5. The Balances of Debtors Creditors & Loan Advances are subject confirmations.

6. The company's primary busines segment is manufacturing of dyes& intermediates based on guiding principles given in accounting standard on " segmentreporting " As-17 issued by the institute of charted accountants of india this actrivity fails with in single primary bysiness segment and accordingly the diclsure requiremts of AS-17 in this regard are not applicable.

7. Ralatod party Distiosures

The company the yeer the company entered into transaction wiih the parties those transaction along with related balances as at 31st March 2012 and for year then ended are presented in the following table.

8. Figures in brabckets are in respect of previous year. figures of previous year have been restated,regrouped and earning wherever necessary.

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Mar 31, 2012

1 The main business activities of Chemiesynth(Vapi) Limited is manufacturing and processing of Dye Intermediates and Chemicals 2.Terms I rights attached to equity shires

The Company has only one Class of cquity shares having par value ofRs.110 each. Each holder of equity shares is entitled to one voto per share. In the Event of lquidatlon of the Company the holders of equity shares will be entitlod to the remaining assets of Company, after distribution of at preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.