Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.

(ii) Disclosure of transactions between the company and related parties and status of outstanding as on 31st March 2008S.No.ParticularsA(Rupees)B(Rupees)C(Rupees)A.Nature of Transaction:PURCHASES(I) Components/Finished Goods Purchased 752,945 356,110,663(-) (101,578,833)(ii) Other Raw Material Purchased -339,889(-)(1,634,460)(iii) Assets Purchased -161,862(811,519)(iv) Job Work/Others - -SALES(-) (-)(v) Components/Finished Goods Sold 60,947 24,172,181(96,778) (37,594,062)(vi) Other Raw Material Sold 99,579 37,533(-) (705,613)(vii) Assets Sold - 110,291(732,757)(viii) Job Work/Others - 782,244OTHER PAYMENTS(ix) Dividend Paid -(-) (592,012)(-) (2,474,951) (9,028,788)(x) Interest on Unsecured loan - 690,247 575,342(-) (420,000) (213,699)(xi) Managerial Remuneration - - 960,000(-) (-) (480,000)(xii) Provident Fund - - 115,200(-) (-) (57,600)(xiii) Commission Paid - - 900,000(-) (-) (895,000)(xiv) Other --97,717(34,785)(xv) Lease Rent - 540,000 -(-) (360,000) (-)(xvi) Unsecured loan - 6,000,000 -(xvii) Inter Company Deposit (5,947,312)B.i)ii)Balances with Related Parties at the year end(94,500,000)(-) (-) (5,000,000)Unsecured loan payable -11,139,960 -(-) (4,421,026) (5,189,722)Other Current Assets 7,199 18,757,864 -(115,329,535) (5,747,894) (-)iii) Other Current Liabilities 400,462 133,312,881-(-) (62,846,864) (924,263)(-)(-)(-)(-)-(-)-(-)-20,138,568 5,667,539(-)-(-)-(-)-(-)-(-)-(-)-(-)40