| (Rs.in Million) |
| Particulars | Mar 2008 | Mar 2007 | Dec 2005 | Sep 2004 | Jun 2003 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 |
| Equity - Authorised | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Equity - Issued | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 |
| Equity Paid Up | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 |
| Equity Shares Forfeited | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | -83.54 | -80.48 | 184.98 | 187.52 | 187.54 |
| Securities Premium | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | -286.00 | -282.94 | -19.14 | -16.60 | -16.58 |
| General Reserves | 160.46 | 160.46 | 160.46 | 160.46 | 160.46 |
| Other Reserves | 0.00 | 0.00 | 1.66 | 1.66 | 1.66 |
| Reserve excluding Revaluation Reserve | -83.54 | -80.48 | 184.98 | 187.52 | 187.54 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | -41.54 | -38.48 | 226.98 | 229.52 | 229.54 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 0.54 | 6.67 | 4.99 | 3.04 | 96.04 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 0.00 | 0.00 | 0.00 | 3.04 | 0.00 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Secured | 0.54 | 6.67 | 4.99 | 0.00 | 96.04 |
| Unsecured Loans | 2.61 | 1.68 | 1.53 | 2.73 | 10.61 |
| Fixed Deposits - Public | 0.33 | 0.73 | 1.53 | 2.73 | 6.31 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 2.28 | 0.95 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loan | 0.00 | 0.00 | 0.00 | 0.00 | 4.30 |
| Deferred Tax Assets / Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liability | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Long Term Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-Current Liabilities | 3.15 | 8.35 | 6.51 | 5.77 | 106.65 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 66.16 | 65.66 | 79.27 | 95.21 | 138.26 |
| Sundry Creditors | 66.16 | 65.66 | 79.27 | 95.21 | 134.90 |
| Acceptances | 0.00 | 0.00 | 0.00 | 0.00 | 3.36 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 0.31 | 0.79 | 1.05 | 126.84 | 134.94 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Accrued But Not Due | 0.00 | 0.00 | 0.20 | 0.00 | 0.28 |
| Share Application Money | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.31 | 0.79 | 0.85 | 126.84 | 134.66 |
| Short Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured ST Loans repayable on Demands | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Loans- Sec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short Term Provisions | 1.01 | 1.56 | 5.45 | 10.15 | 9.03 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 1.01 | 1.56 | 1.80 | 1.81 | 2.58 |
| Provision for post retirement benefits | 0.00 | 0.00 | 3.65 | 8.34 | 6.45 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 67.48 | 68.02 | 85.76 | 232.19 | 282.23 |
| Total Liabilities | 29.09 | 37.89 | 319.26 | 467.48 | 618.42 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 11.45 | 11.89 | 10.53 | 28.07 | 70.47 |
| Less: Accumulated Depreciation | 8.95 | 8.75 | 7.75 | 21.56 | 34.12 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 2.51 | 3.14 | 2.77 | 6.51 | 36.35 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non Current Investments | 0.00 | 0.00 | 236.92 | 282.15 | 302.87 |
| Long Term Investment | 0.00 | 0.00 | 236.92 | 282.15 | 302.87 |
| Quoted | 0.00 | 0.00 | 216.36 | 236.92 | 260.29 |
| Unquoted | 0.00 | 0.00 | 26.56 | 48.76 | 45.69 |
| Long Term Loans & Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Non Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-Current Assets | 2.51 | 3.14 | 239.69 | 288.66 | 339.23 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 | 0 |
| Currents Investments | 5.47 | 6.16 | 0.00 | 0.00 | 0.00 |
| Quoted | 4.50 | 4.50 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.97 | 1.66 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.55 | 0.81 | 0.95 | 2.29 | 13.73 |
| Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 3.40 |
| Work-in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.67 |
| Finished Goods | 0.55 | 0.81 | 0.95 | 2.29 | 8.82 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.80 |
| Stores and Spare | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Other Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 3.32 | 3.15 | 3.11 | 2.92 | 39.69 |
| Debtors more than Six months | 0.00 | 1.12 | 1.44 | 2.36 | 20.35 |
| Debtors Others | 3.59 | 3.15 | 3.11 | 2.07 | 25.11 |
| Cash and Bank | 2.54 | 7.85 | 13.96 | 3.81 | 14.61 |
| Cash in hand | 0.27 | 0.03 | 2.43 | 0.01 | 0.18 |
| Balances at Bank | 2.28 | 7.82 | 11.53 | 3.80 | 14.43 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.03 | 0.03 | 1.19 | 1.18 | 8.42 |
| Interest accrued on Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.03 | 0.03 | 1.08 | 1.18 | 8.42 |
| Prepaid Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other current_assets | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 |
| Short Term Loans and Advances | 14.68 | 16.75 | 60.33 | 168.59 | 202.70 |
| Advances recoverable in cash or in kind | 12.67 | 14.75 | 30.84 | 133.99 | 130.81 |
| Advance income tax and TDS | 1.68 | 1.68 | 15.23 | 15.57 | 15.15 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 0.32 | 0.32 | 14.26 | 19.02 | 56.74 |
| Total Current Assets | 26.59 | 34.75 | 79.55 | 178.79 | 279.15 |
| Net Current Assets (Including Current Investments) | -40.90 | -33.27 | -6.22 | -53.41 | -3.08 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.02 | 0.04 | 0.05 |
| Total Assets | 29.09 | 37.89 | 319.26 | 467.48 | 618.42 |
| Contingent Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 3.15 | 8.35 | 6.51 | 5.77 | 106.65 |
| Book Value | -9.89 | -9.16 | 54.04 | 54.64 | 54.64 |
| Adjusted Book Value | -9.89 | -9.16 | 54.04 | 54.64 | 54.64 |