These financial statementses have been prepared to comply in all material aspects with applicable accounting princples in India, the applicable Accounting Standards notified under Section 211(3C) of the Companies Act, 1956. Pursuant to Circular 15/2013 dated 13th September,2013 read with circular 08/2014 dated 4th April, 2014, till the Standards of Accounting or any addendum thereto are prescribed by Central Government in consultation and recommendation of the National Financial Reporting Authority, the existing All assets and liabilities have been classified as current or non- current as per the Company's normal operating cycle and other criteria set out in the Revised Schedule VI to the Companies Act,1956. Based on the nature of products and the time between acquisition of assets for processing and their realisation in cash and cash equivalents, the Company has ascertained its operating cycle as 12 months for the purpose Transactions and Balances with values below the rounding off norm adopted by the Company have been reflected as "0.00" in the relevant notes in these financial statements.

2.2 Revenue Recognition

Revenue form sale of goods is recognised when all the significant risks and rewards of ownership in the goods are transferred the buyer as per the terms of the contract, the Company retains no effective control of the goods transferred to a degree usually associated with ownership and no significant uncertainity exists regarding the amount of the consideration that will be derived from the sale of goods. Other income has been accounted on due basis.

2.3 Expenditure

Expenses are accounted on accrual basis.

2.4 Tangible Assets

Tangible assets are stated at acquisition cost, net of accumulated depreciation and accumulated impairment losses, if any. Subsequent expenditures related to an item of tangible asset are added to its book value only if they increase the future benefits from the existing asset Depreciation is provided on a pro-rata basis on the straight line method over the estimated useful lives of the assets or at the rates prescribed under Schedule VI to the Companies Act, 1956, whichever is higher. Accordingly,

2.5 Intangible assets

Intangible assets are stated at acquisition cost, net of accumulated amortisation and Asset class Rate of amortisation Trade Mark 10.00%

2.6 Impairment

Assessment for impairment is done at each Balance Sheet date as to whether there is

2.7 Trade recievables and Loans and advances

Trade receivables and Loans and advances are stated as cost and no such doubtful debts has been indicated by the management and neither

2.8 Provisions and Contingent Liabilities

Provisions are recognised when there is a present obligation as a result of a past event. It is probable that an outflow of resources embodying economis benefits will be required to settle the obligation and there is a reliable estimate of the amount of the obligation. Provisions are measured at the best estimate of the expenditure required to settle the present obligation at the balance sheet date and are Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of which will be confirmed only by the occurrence or non occurrence of one or more uncertain future events not wholly within the control of the company or a present obligation that arises from past events where it is either not probable that an outflow of resources will be required to settle the obligation

2.9 Retirement/ post retirement benefits Defined contribution plans

The company has the employee less than statutory limit as per prescribed by various statutory acts and no contribution to ESI or PF has been made during the year and no provision of any other fund has been created during the year.

2.10Deferred Tax Provisions

Tax expense for the year comprises current tax and deferred tax.

Current tax is measured at the amount expected to be paid to (recovered from) the taxation authorities using the applicable tax rates and tax laws.

Deferred tax is recognised for all the timing differences. Subject to the consideration of prudence in respect of deferred tax assets.

Deferred tax assets and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred tax assets are recognised and carried forward only to the extent that there is a reasonable certainity that sufficient future taxable income will be available against which such deferred tax assets can be realised. In situations where the Company Current tax assets and current tax liabilities are offset when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle the asset and the liability on a net basis. Deferred tax assets and deferred tax liabilities are offset when there is a

2.11 Foreign currency translations

No foreign currency transactions has been made during the year and there is no outflow or inlfow of foreign currency.

2.12 Cash and cash equivalents

In the cash flow statement, cash and cash equivalent include cash in hand, term deposits with banks and other short term highly liquid investments with original maturities of three months or less.

2.13 Earning Per Share

Basic Earning per share is calculated by dividing the net profit for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period. The weighted average number of equity shares outstanding during the period and for all periods presented is adjusted for events.such as bonus shares, other than the conversion of potential equity shares, that have changed the number of equity shares outstanding without a corresponding change in resources. For the purpose of calculating diluted

2.14 Use of Estimates

The preparation of the financial statements in confirmity with the gernerally accepted accounting principles requires that the management makes estimates and assumptions that effect the reported amounts of assets and liabiities, disclosures of contingent liabilities as at the date of financial statements, and the reporting amounts of revenue and expenses during the reported period. Actual results could differ from

DISCLOURE PERTAINS TO CLAUSE 32 OF THE EQUITY LISTING AGREEMENT

(I) Loans and advances in the nature of loans to subsidiaries The company has no subsidiary companies, hence not appliable

(II) investment by the loanees in the shares of the company NIL