Prominent Notes: - Securities and Exchange Board of India

Pursuant to Indian regulations, certain actions must be completed before the Equity Shares can be listed
and trading may commence. Investors demat accounts with depository participants in India are
expected to be credited within two working days of the date on which the basis of allotment is
approved by the Designated Stock Exchange. Thereafter, upon receipt of trading approval from the
Stock Exchanges, trading in the Equity Shares is expected to commence within seven working days of
the date on which the basis of allotment is approved. We cannot assure you that the Equity Shares will
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time periods specified above. Any delay in obtaining the approvals would restrict your ability to
dispose of your Equity Shares.
60. You may be subject to Indian taxes arising out of capital gains on the sale of the Equity Shares.
Capital gains arising from the sale of shares and debentures are generally taxable in India. Any gain
realised on the sale of shares and debentures on a stock exchange held for more than 12 months will not
be subject to capital gains tax in India if the securities transaction tax, or STT, has been paid on the
transaction. The STT will be levied on and collected by an Indian stock exchange on which shares or
debentures are sold. Any gain realised on the sale of shares and/or held for more than 12 months to an
Indian resident, which are sold other than on a recognised stock exchange and as a result of which no
STT has been paid, will be subject to capital gains tax in India. Further, any gain realised on the sale of
shares and/or debentures held for a period of 12 months or less will be subject to capital gains tax in
India. Capital gains arising from the sale of shares and/or debentures will be exempt from taxation in
India in cases where an exemption is provided under a treaty between India and the country of which
the seller is a resident. Generally, Indian tax treaties do not limit India's ability to impose tax on capital
gains. As a result, residents of other countries may be liable for tax in India as well as in their own
jurisdictions on gains arising from a sale of the shares and/or debentures, as the case may be. However,
capital gains on the sale of the Equity Shares purchased in the Issue by residents of certain countries
will not be taxable in India by virtue of the provisions contained in the taxation treaties between India
and such countries.
Prominent Notes:
The investors may contact the BRLM for any complaint pertaining to the Issue.
Public Issue of 43,41,195 Equity Shares of ` 10 each for cash at a price of ` 85 per Equity
Share (including a share premium of ` 75 per Equity Share) aggregating upto ` 3690.02 Lacs.
����������������������������������������������������December 31, 2010 was ` 1736.03 Lacs
����������������������������������������������������������December 31, 2010 was ` 1708.80
Lacs.
Based on our restated consolidated financial statements, the net asset value per equity share
having a face value of ` 10/- each was ` 22.32 as of December 31, 2010.
The average cost of acquisition per Equity Share by our Promoters is as follows:
Sr No. Name of Promoter Cost of Acquisition (in `)
1. Babulal Sanghvi 1.87
2. Jayanti Sanghvi 2.26
3. Vikram Sanghvi 2.75
4. Naresh Sanghvi 2.31
For details of the transactions between our Company and our Group Companies or Subsidiary,
please see the section titled "��������������������� ���������������������� ������� ���������
appearing on page no.149.
Any clarification or information relating to the Issue shall be made available by the BRLM
and our Company to the investors at large and no selective or additional information would be
available for a section of investors in any manner whatsoever. For any clarification or
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