AS 1 * *01 **

Disclosure of Accounting Principles AS 2 AS 3 AS 4

Valuation of Inventories Cash Flow Statements Contingencies and Events Occurring After the Balance Sheet Date Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies Depreciation Accounting Construction Contracts

See Note 38 See Note 10 See Note 19

* *** *03 *** * * *** *04 * * * *06 * *01 *01 *01 *01 *01 *01 *01

AS 5 AS 6 AS 7 (Revised) AS 8 AS 9 AS 10 AS 11 (Revised 2003) AS 12 AS 13 AS 14 AS 15 (Revised 2005) AS 16 AS 17 AS 18 AS 19 AS 20 AS 21 AS 22 AS 23

See Note 2

Accounting for Research and Development Revenue Recognition Accounting for Fixed See Note 3 Assets The Effects Of Changes In See Foreign Exchange Rates Notes 14, 21,24, 37, 41 Accounting for Government Grants Accounting for See Note 11 Investments Accounting for See Notes 8, 15 Amalgamations Employee Benefits [click See here for related Notes 27, 28,29, 30 announcement] Borrowing Costs Segment Reporting Related Party Disclosures Leases Earnings Per Share Consolidated Financial Statements Accounting for taxes on income Accounting for See Note 5 See Notes 7, 12 See Note 42 See Notes 6, 9,16 See Notes 23, 36 See Notes 1, 22,39 See Notes 23, 35

*04 *02 *03 *02 *04 *04 *09 *09 *11

AS 24 AS 25 AS 26 AS 27 AS 28 AS 29 AS 30 AS 31 AS 32

Investments in Associates in Consolidated Financial Statements Discontinuing Operations Interim Financial Reporting Intangible Assets Financial Reporting of Interests in Joint Ventures Impairment of Assets Provisions, Contingent Liabilities and Contingent Assets Financial Instruments: Recognition and Measurement Financial Instruments: Presentation Financial Instruments: Disclosures

See Note 4 See Note 17 See Notes 13, 20,34 See Notes 18, 23,33 See Notes 25, 32 See Notes 26, 31 See Note 40

See Note 43

AS1- Disclosure of accounting policies AS2- Valuation of inventories AS3-Cash flow statements AS4-Contigencies and events occurring after the balance sheet date AS5-Np or NL and changes in accounting policies

AS6- Accounting for Depreciation AS7- Accounting for construction of contract AS8- Accounting for Research and Development AS9- Accounting for Revenue recognition AS10- Accounting for Fixed Assets, AS11- The effects of changes in Foreign exchange rates AS12- Accounting for Government Grants AS13-Accounting for investments AS14- Accounting for Amalgamation AS15- Accounting for Employee Benefits AS16- Accounting for Borrowing costs AS17-Segment reporting AS18- Related party disclosures AS19- Accounting for Leasing AS20- Earnings per share AS21- Consolidated Financial Statements AS22- Accounting for Taxes on invcome AS23- Accounting for invt in associates in consolidated fin statements AS24-Discontinuing operations AS25- Interim financial statements AS26-Intangible Assets AS27- Financial reporting of interest in joint ventures AS28- Accounting for impairment of loss AS29- Provisions contingent liabilities and assets AS30-Financial instruments

Cost accounting standards

CAS-1 Classification of Costs CAS-2 Capacity Determination, CAS-3 Overheads CAS-4 Cost of Production for captive consumption CAS-5 Average (Equalized) cost of transportation CAS-6 Material Cost CAS-7 Employee Cost CAS-8 Cost of utilities CAS-9 Packing material costs CAS-10 Direct expenses CAS-11 Administrative Overheads CAS-12 Repairs and maintenance CAS-13 Cost of service cost centre