Notes to Accounts of Vishvjyoti Trading Ltd.

Mar 31, 2013

1. There is no small and ancillary under taking to whom amount is outstanding for more than 30 days.

2. There is no principal amount payable to Micro and Small Enterprises to the extent identified by the company from available information as at 31st March 2013.

3. The disclosure requirements of Accounting Standard relating to Segment Reporting issued by ICAI are not applicable as the Company is engaged only in investment/financial activities.

4. Related Party Disclosures (AS-18):- (i) Associate/Group Companies

1.Kanoria Sugar & Gen Mfg Co.Ltd.

(ii) Following transactions were carried out with the related parties in the ordinary course of business: 1. Amount receivable from Kanoria Sugar & Gen Mfg Co. Ltd. at the year end Rs.62,75,000/-(Previous Year : 10635000/-).

5. The company is contingently liable as co-borrower together with A Infrastructure Ltd and others, for mortgage of immovable property A-136, Neeti Bagh, New Delhi in favour of Indusind Bank Ltd for the secured loan taken.

6. Earning per share (EPS) computed in accordance with Accounting Standard 20 issued by the Institute of Chartered Accountants of India.

7. Balances have been taken as per Company''s books certified by the management pending receipt of confirmation from parties and subject to verification.

8. Previous year''s figures have been regrouped and/or rearranged, wherever found necessary in accordance with Revised Schedule VI of the Companies Act,1956.

9. Additional information pursuant to the provisions of part –II of schedule VI of the Companies Act, 1956, to the extent as applicable have been complied with.

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Mar 31, 2012

1. The revised Schedule VI has become effective from 1st April, 2011 for preparation of financial statement. This has significantly impacted the disclosure and presentation made in the financial statement. Previous year's figures have been regrouped and/or rearranged, wherever found necessary.

2. There is no small and ancillary under taking to whom amount is outstanding for more than 30 days.

3. There is no principal amount payable to Micro and Small Enterprises to the extent identified by the company from available information as at 31st March 2012.

4. The disclosure requirements of Accounting Standard relating to Segment Reporting issued by ICAI are not applicable as the Company is engaged only in investment/financial activities.

5. Related Party Disclosures (AS-18):- (i) Associate/Group Companies

1. Kanoria Sugar & Gen Mfg Co. Ltd.

(ii) Following transactions were carried out with the related parties in the ordinary course of business: 1. Amount receivable from Kanoria Sugar & Gen Mfg Co. Ltd. at the year end Rs.1,06,35,000/-(Previous Year : 8,00,000/-).

6. The company is contingently liable as co borrower together with A Infrastructure Ltd and others, for mortgage of immovable property A-136, Neeti Bagh, New Delhi in favour of Dhanlaxmi Bank Ltd for the secured loan taken.

7. Earning per share (EPS) computed in accordance with Accounting Standard 20 issued by the Institute of Chartered Accountants of India.

Particulars 2011-12

Net Profit/ (Loss) as per Profit & Loss Account (Rs.) (1795189)

Weighted average Number of Equity Shares

during the year

Class A Rs. 10/- Per Share 245000

Earning per share -7.33

8. Balances have been taken as per Company's books certified by the management pending receipt of confirmation from parties and subject to verification.

9. Additional information pursuant to the provisions of part II of schedule VI of the Companies Act, 1956, to the extent as applicable have been complied with.

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Mar 31, 2011

1. Provident fund and gratuity Act is not applicable to the Company

2. There is no small and ancillary under taking to whom amount is outstanding for more than 30 days.

3. Nature of transaction/relationship/major parties

a) Relationships

i) Parties where control exist:

1. Kanoria Sugar & Gen Mfg Co. Ltd.

b) Following transactions were carried out with the related parties in the ordinary course of business:

Amount Receivable from Kanoria Sugar & Gen Mfg Co. Ltd at the year end:Rs.8,00,000/- ( Previous Year Rs. NIL ).

4 In the opinion of the Board, all current assets, Loans and advances are approximate of the value stated if realized in the ordinary course of business. The provision for all the known liabilities as adequate and not in excess of the amount reasonably necessary.

5 There is no principal amount payable to Micro and Small Enterprises to the extent identified by the company from available information as at 31st March 2011.

6. Balances have been taken as per Company's books certified by the management, pending receipt of confirmation from parties and subject to verification.

7 Previous year's figures have been re-arranged and re-grouped wherever necessary.

8 Additional information pursuant to the provisions of part -II of schedule VI of the Companies Act, 1956.