ESCORTS ASSET MANAGEMENT LIMITED            
               
                 
       As at    As at    
       31.03.2005    31.03.2004    
         Rs.    Rs.    
               
SCHEDULE D : INVESTMENTS            
               
(LONG TERM INVESTMENT AT COST)           Mkt. Rate
               
               
 UNQUOTED - NON TRADE            
               
1.  Escorts Auto Components Ltd.                                      -                          31,434,000    
     (Formerly known as Escorts Employees Ancillaries Ltd.)            
8,00,000 (Previous Year: 8,00,000) Equity Shares            
of Rs.10 each fully paid up            
2.  Escorts Securities Ltd.                        19,698,000                        19,698,000    
19,60,000 (Previous Year: 19,60,000) Equity Shares            
 of Rs.10 each fully paid up            
3.   Escorts Consumer Credit Ltd.                                      -                          10,000,000    
10,00,000 Equity Shares of Rs.10/- each fully paid up            
(Previous year 10,00,000 Equity Shares of Rs.10/-             
each fully paid up)            
  Total 'B'                        19,698,000                        61,132,000    
                 
    Total  (A+B)                        19,698,000                        61,132,000    
               
               
               
               
               
               
               
               
               
ESCORTS ASSET MANAGEMENT LIMITED            
         As at    As at    
       31.03.2005    31.03.2004    
         Rs.    Rs.    
               
SCHEDULE E : CURRENT ASSETS, LOANS AND ADVANCES            
               
A. CURRENT ASSETS            
               
  Stock in trade            
  (As taken,Valued and Certified by the Management)            
  Bharat Earth Mobile Ltd.                                    -                   370,136      
  Bongagaon Refineries Ltd.                                    -                     89,603      
  Ester Industries Ltd.                           110,062                 124,488      
  Gujrat Mineral Development Corp. Ltd.                                    -                   397,171      
  Jindal Iron Ltd.                                    -                   675,809