Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 |  | Ishfaq Ahmed | FW | |||
| 07/2003 | | Sampath Kuttimani | FW |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 | | James Singh | MF |  | Mahindra United | Mahindra Utd. |
Indian Telephone Industries
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 | | Ishfaq Ahmed | FW | |||
| 07/2003 | | Sampath Kuttimani | FW |
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 | | James Singh | MF | | Mahindra United | Mahindra Utd. |