1. As per Indian Accounting Standard 24 “Related Parties Disclosure” the disclosure of related parties as defined in the standard are given hereunder:

A. List of Related parties:

Key Management Personnel

a) Sri. G. Raghu Rama Raju, Managing Director

b) Sri. G.G.R. Prabhakara Raju, Director & CFO

c) Smt. G Parvathi, Director

d) Sri. P. Lenin Babu Company Secretary Companies controlled by Key Management Personnel:

a) M/s. Diamond Drop Property Holdings (India) Private Limited (Smt. G. Parvathi, Director interested as Director in the Company)

b) M/s. Arqube Industries (India) Limited

(Sri.G. Raghu Rama Raju, Managing Director &

Smt. G. Parvathi, Director interested as Directors in the Company)

2. Since the company deals only in Manufacturing of Human hair products and there are no geographical segments to be reported.

3. The total sale revenue of Rs.12,06,58,174/- includes an amount of Rs.13,50,220/- towards net exchange gain on account of realization of export receivables.

4. According to an internal technical assessment carried out by the Company, there is no impairment in the carrying cost of cash generating units of the Company in terms of Indian Accounting Standard 36 ‘Impairment of Assets’ .

5. The earmarked balances under head Cash & Cash equivalents represents the balance held in Dividend accounts towards unpaid final dividend of Rs. 31,509/- pertaining to the FY:2014-15, Interim dividend of Rs.31,142/- in respect of FY:2015-16 and Final Dividend of Rs. 37,327 in respect of FY:2016-17.

6. The exchange value for restatement of export receivables and Exchange Earners’ Foreign Currency Account (EEFC) balance are taken at Rs.65.07 per dollar.

7. Cash-flow statement enclosed.

8. Figures in brackets indicate those for the previous period.

9. The previous period’s figures have been regrouped / reclassified wherever necessary to conform to the current period presentation.