అకౌంట్స్ గమనికలుSaraf Sons (Traders) Ltd.

1 Related Party Transactions (AS - 18)

(a) Key Management Personnel / Relatives of Key Management Personnel

1. Mr. Ajit V. Saraf

2. Mr. Ulhas V. Saraf

3. Mr. Vijay C. Korgaonkar

4. Dr. Anil Kumar V. Saraf

5. Mr. Arvind V. Saraf

6. Dr. Asha V. Saraf

7. Mr. Ambarish U. Saraf

8. Mr. Amol U. Saraf

9. Mr. Chandrakant Korgaonkar

10. Mrs. Chetana V. Korgaonkar

11. Mr. S. A. Naik

(b) Enterprises over which Key Management Personnel / Relatives of Key Management Personnel have significant influence

1. V.G.Saraf Memorial Hospital Pvt. Ltd.

2. Saraf Enterprises (India) Pvt. Ltd.

3. Omkar Services (India) Pvt. Ltd.

4. Suntips Marketing Pvt. Ltd.

5. Omkar Enterprises

6. Saraf Trading Corporation (International) Pvt. Ltd.

7. Saraf Trading Corporation Private Limited.

8. Saraf Investments.

2 Contingent Liabilities :

For Bank Guarantees - Sales Tax Rs. 10,000 (P.Y. Rs. 10,000)

3 The opinion of the Board of Directors, the current assets, loans and advances appearing in the Company''s books will have a value on realisation in the ordinary course of business at least equal to the amounts stated therein and that the provision for all known liabilities is adequate and not in excess of the amounts considered reasonable and necessary.

4 Basic Earnings per share

Rs.(0.68) per share on fully paid equity shares Rs.(0.34) per share on Rs.5 partly paid equity shares.

Annualized earnings per equity share have been calculated based on the loss of Rs. 67,911 and the number of equity shares (fully paid 7 nos. and partly paid 202493 nos.)

5 Previous year''s figures have been re-grouped and reclassified wherever necessary to make them comparable with current year figures.