Notes:-

1. Figures have been regrouped wherever necessary.
2. The Company‘s sole business segment is PET Film.
3. The Company has invested USD 5.75 million equivalent to Rs.2697 lacs in its wholly owned subsidiary Polyplex (Thailand) Limited, (PTL) during the current financial year.
4. The PET Film expansion project at PTL is expected to start production in November, 2003.
5. PTL’s Sales and Profit before Depreciation and Tax (PBDT) for the six months ended September 30, 2003 have been Rs.6028 Lacs and Rs.1484 Lacs respectively.
6. The Board of Directors (‘the Board”) of the Company have approved payment of interim dividend @ 20% for the financial year 2003-04. The Record Date for payment of Interim Dividend is November 24, 2003.
7. The Board has decided to consider enhancement in PET Film capacity in India.
8. Four complaints were pending at the beginning of the quarter. During the quarter twenty two complaints were received. At the end of the quarter all the complaints were resolved except three complaints which were pending due to completion of formalities by the investor(s) / shareholder(s).
9. The above results were reviewed by the Audit Committee and have been taken on record by the Board in its meeting held on October 31, 2003.
10. The Limited Review under clause 41 of Listing Agreement has been completed by the Statutory Auditor.