BASIS OF brPARATION OF FINANCIAL STATEMENTS:
 The Financial Statements are brpared under the historical cost convention,
in accordance with generally accepted accounting principles and materially
comply with the mandatory accounting standards issued by the Institute of
Chartered Accountants of India (ICAI). The significant accounting policies
followed by the Company are stated below:
REVENUE RECOGNITION:
The Books of Account are maintained on accrual basis except where stated
otherwise.
FIXED ASSETS:
All the additions are taken at actual cost inclusive of freight, installation costs,
 duties and taxes and other incidetal expenses for bringing the asset  to its
working conditions for its intended use but excluding modvat / cenvat of excise
and /or vat credit and include amounts added on revaluation.

DEbrCIATION:
Debrciation on Fixed Assets is provided on straight line method and in the
manner brscribed in Companies act, 2013.
debrciation is provided on additions on account of Revaluation.
REVALUATION OF ASSETS:
As and when Fixed Assets are revalued, to adjust the provision for
debrciation on such revalued Fixed Assets, where applicable, in order to
make allowance for consequent additional dimunition in value on
consideration of age, condition and unexpired useful life of such Fixed Assets
revalued and debrciation adjustment and to charge revaluation reserve
account with annual debrciation on that portion of the value which is
written up.
INVESTMENTS:
Long Term Investments are stated at cost. Permanent diminution in the
value of such investments if any, have been provided for.
INVENTORIES:
(a) Raw Materials, stores and packing materials are valued at cost.
(b) Work-in-progress & finished goods are valued at estimated cost or
      realisable value whichever is lower.

PROVISION FOR RETIREMENT BENEFITS:
The contribution to provident fund is paid on monthly at a brdetermined
rate to the provident fund authorities & debited to the profit & loss account
on accrual basis. The liabilities in respect of retirement benefits of employees
are accounted for on actual payment and no provision is being made for
liabilities on accrual valuation as required by AS - 15.
SALES AND PURCHASES:
Sales and Purchases are accounted net of returns basis.
FOREIGN CURRENCY TRANSACTIONS:
Transactions in foreign exchange are accounted at the exchange rate
brvailing on the date of transactions. The exchange difference arising out of
these transactions are debited or credited in profit and loss account.
TAXES ON INCOME:
Tax in Income for the current period is determined on the basis of taxable
income and tax credits computed in accordance with the provisions of the
Income Tax Act, 1961.
Deferred tax is provided in confirmity with accounting standard-22 issued
by the Institute of Chartered Accountants of India based on the timing
difference between the accounting income and taxable income.