అకౌంట్స్ గమనికలుEnsa Steel Industries Ltd.

1. The Company has only one class of shares referred to as equity shares having par value of Rs 10/- each. Each holder of equity share is entitled to one vote per share which are fully paid. The holders of equity shares are entitled to dividends, if any, proposed by the Board of Directors and approved by Shareholders at the Annual General Meeting except in case of Interim Dividend. In the event of liquidation of the Company the holders will be entitled to receive remaining assets of the Company, after distribution of all preferential distribution in proportion to the number of Equity Shares held by the shareholders.

2. Disclosures specified by the MSMED ACT

The Company has not received information from vendors regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence, disclosure relating to amounts unpaid as at the yearend together with interest paid/payable under this Act could not been given.

1. I) The Company has only one class of shares referred to as equity shares having par value of Rs. 10/- each. Each holder of equity share is entitiled to one vote per share. The holders of equity shares are entitiled to dividends, if any, proposed by the Board of Directors and approved by Shareholders at the Annual General Meeting except in case of Interim Dividend. In the event of liquidation of the Company the holders will be entitled to receive remaining assets of the company, after distribution of all preferntial distrbution, in proportion to the number of Equity Shares held by the shareholders.

II) There is no shareholder holding more than 5% of the total share capital.

Note 2 Contingent Liabilities and Commitments (to the extent not provided for)

Current Previous Year Year Estimated amount of contracts remaining to executed on capital accounts Nil Nil

Total Nil Nil

Note 3 Disclosures specified by the MSMED ACT

The Company has not received information from vendors regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence, disclosure relating to amounts unpaid as at the year end together with interest paid/payable under this Act could not been given.

Note 4 Previous year figures

Previous year figure have been regrouped/reclassified, wherever necessary to confirm to the current year presentation.

1.1 The Company has only one class of shares referred to as equity shares having par value of Rs. 10/- each. Each holder of equity share is entitled to one vote per share. The holders of equity shares are entitled to dividends, if any, proposed by the Board of Directors and approved by Shareholders at the Annual General Meeting except in case of Interim Dividend. In the event of liquidation of the Company the holders will be entitled to receive remaining assets of the company, after distribution of all preferential distribution, in proportion to the number of Equity Shares held by the shareholders.

1.2 There is no shareholder holding more than 5% of the total share capital.

Note : As per past practice, Depreciation is provided on Land and Building @ 10% WDV method, without considering Land and Building Cost separately.

Note 2 Disclosures specified by the MSMED ACT

The Company has not received information from vendors regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence, disclosure relating to amounts unpaid as at the year end together with interest paid/payable under this Act could not been given.

Note 3 Previous year figures

Previous year figure have been regrouped/reclassified, wherever necessary to confirm to the current year presentation.

1. Additional information pursuant to the provision of paragraphs (3) & (4) of part II of Schedule IV to the Companies Act, 1956, together with other notes.

I. Foreign Exchange Earning and Expenditure : (Rs. In Lakhs)

Current Year Previous Year

Amount Amount

a. C.I.F. Value of Imports NIL NIL

b. Expenditure in Foreign Exchange NIL NIL

c. Earning in Foreign Exchange on F.O.B. Basis NIL NIL

2. Figures for the previous year have been regrouped, reclassified whenever necessary to make them comparable with the current years figures.

We have examined the attached Cash Flow Statement of Ensa Steel Industries Limited for the year ended 30th June 2010 and 30th June, 2009. The statement has been prepared by the company in accordance with the listing agreements of the Stock Exchanges and is based on and in agreement with the corresponding Profit & Loss Account and Balance Sheet of the Company covered by our report of the even date to the members of the Company.

(Rs. In Lakhs)

Current Year Previous year

1. Contingent Liabilities not Provided for Estimated amount of contracts remaining - - to be executed on Capital Accounts.



2. In the opinion of the Directors, Current Assets, Loans and Advances, have the value at which they have been stated in the Balance Sheet.

3. Sundry debtors, Creditors and advances are subject to confirmation and reconciliation.

4. Additional information pursuant to the provision of paragraphs (3) & (4) of part II of Schedule IV to the Companies Act, 1956, together with other notes.

5. Figures for the previous year have been regrouped, reclassified whenever necessary to make them comparable with the current years figures.