(A GOVERNMENT OF INDIA ENTERPRISE)   
There is no subsidy programme of the company.  However, with effect from the financial year(2005-2006), the company has created a fund for Corporate Social obligation equivalent to 1% of the profit (Profit after Tax) earned in the previous financial year in excess of 10% of the net-worth of the company as on the last day of the previous financial year or Rs.20 lakh, whichever is less. This fund will normally be utilized towards fulfilment of social obligation of the company by way of donation from the fund to such institutions, bodies, donations to which are exempted from payment of income tax under Sec.80(g) of the Income Tax Act.