Notes to Accounts of Exelon Infrastructure Ltd.

Mar 31, 2014

1. Segment Reporting :

The Company is engaged only in one particular line of business i.e Providing Infrastructure facilities to its customers and hence the disclosure requirements under Accounting Standard -17 issued by ICAI is not applicable.

2. As the management has not provided any information for identifying the SSI units, we are not in a position to comment on the dues to SSI units which are outstanding for more than 30 days.

3. Confirmation of Closing Balances :

Closing Balances of Debtors, Creditors, Loans and Advances are subject to confirmations.

4. Confirmation of Closing Balances :

Closing Balances of Debtors, Creditors, Loans and Advances are subject to confirmations.

5. The Company is inconsistent with requirements of the Accounting Standard 21 issued by the Institute of Chartered Accountants of India. As the overseas Subsidiary is not having any operations hence the Company is not preparing the Consolidated Financial Statements.

6. Deferred Tax :

In accordance with Accounting Standard 22 (AS 22) issued by the ICAI, the Company has accounted for deferred income tax during the year. The deferred income tax provision for the current year amounts to Rs 2,90,755/- towards deferred income tax asset. (Previous year Rs.1,24,001/- towards deferred income tax Asset.

7. Contingent Liabilities & Guarantees :

(Amount in Rs.)

Particulars Name of the Bank / Party Year Ended March 31, 2014 2013

Bill Purchase Punjab Nation Bank 1,00,00,000 1,00,00,000

Bill Purchase Indian Overseas Bank 2,00,00,000 2,00,00,000

8. Previous year figures have been regrouped wherever necessary.

9. The figures have been rounded off to the nearest rupee.

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Mar 31, 2010

1. Share Capital: The paid up share capital of the Company as on 1st April, 2009 is Rs. 4,30,27,250/- divided into 43,02,725 Equity shares of Rs. 10/-each.

During the Year:

The Company has re issued 23,66,075 Shares (which were forfeited earlier) at Rs.23/-per share including a premium of Rs. 13/-per Share.

2. There are no dues to SSI Units outstanding for more than 30 days.

3. Confirmations ware obtained from debtors / creditors as to fie balances receivable from /payable to them as at year end.

4. In accordance with accounting Standard 22(AS 22) issued by the ICAI, the Company has accounted for deferred i ncome tax during the year. The deferred income tax provision for the current year amounts to Rs.20,31,160/- towards deferred income tax Liability. (Previous year Rs.14,736/- towards deferred income tax Asset)

5. Previous years figures have been regrouped wherever necessary.

6. The figures have been rounded off to the nearest rupee.