Notes to Accounts of KEW Industries Ltd.

Mar 31, 2013

1. Information pursuant to part II of schedule VI to the Companies Act, 1956. As per Annexure.

2. Previous years figures have been re-grouped/rearranged wherever considered necessary.

3. Parties balances are subject to confirmation and reconciliation, if any

4. Earning per share (E.P.S.)

5. Segment Information

The company is engaged only in the business of engineering components and there are no separate reportable segments as per AS -17 on segment reporting .

6. Detail of following undisputed liabilities that were in arrears for a period more then 6 Months is as under:

i) Income Tax Payable Rs. 10431893 for asstt. year 2009-10 to

Asstt.Year 2012-13. ii) VAT Payable Rs. 1090646. iii) C.S.T Payable Rs. 16762812

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Mar 31, 2012

1. Research & Development

Revenue expenditure on research and development on going research project is charged in the year in which it is incurred. Expenditure which results in developing the new product or process where the management is of the opinion that products will be/are commercially viable are deferred and charged to the future accounting periods over a period of five years commencing from the following year to the intial year in which these are incurred.

2. The contingent liabilities not provided in the books of accounts

3. Information pursuant to part II of schedule VI to the Companies Act, 1956. As perAnnexure.

4. Previous years figures have been re-grouped/rearranged wherever considered necessary.

5. Parties balances are subject to confirmation and reconciliation, if any

6. Segment Information

The company is engaged only in the business of engineering components and there are no separate reportable segments as per AS -17 on segment reporting .

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Mar 31, 2011

1. THE CONTINGENT LIABILITIES NOT PROVIDED FOR IN THE BOOKS OF ACCOUNTS Current Year Previous Year Rs. Rs.

Bank Guarantee 338.15 Lacs 327.08 Lacs

2. Information pursuant to part II of schedule VI to the Companies Act, 1956. As per Annexure.

3. Previous years figures have been re-grouped/ rearranged wherever considered necessary.

4. Parties balances are subject to confirmation and reconciliation, if any

5. Segment Information

The company is engaged only in the business of engineering components and there are no separate reportable segments as per AS -17 on segment reporting.

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Mar 31, 2010

1. THE CONTINGENT LIABILITIES NOT PROVIDED FOR IN THE BOOKS OF ACCOUNTS

Current Year Previous Year Rs. Rs.

Bank Guarantee 327.08 Lacs 343.10 Lacs

2. Payment to Director

Managerial Remuneration 6.00 Lacs 6.00 Lacs

3. Auditors Remuneration

Audit Fee Nil 0.28 Lacs

(Including Service Tax)

Tax Matters Nil 0.28 Lacs

Other Services

Expenses

4. FOB value of Export of Goods 12.26 Lacs 40.56 Lacs

5. Details of balances with non-scheduled banks In Current Accounts. Rs. Rs.

C-ur-co-op-Bank 3419.95 11250.60

6. Information pursuant to part II of schedule VI to the Companies Act, 1956 (to the extent applicable)