hi, fixed it :)
I has initially checked code from svn based on installer/build/README "If you are using testing or unstable, check out a copy of the installer using the command "svn co svn://svn.d-i.alioth.debian.org/svn/d-i/trunk/installer" " as I am building d-i on Squeeze, but then i ended up with the "No kernel modules found." error Then I tried building from d-i source i pulled off the Squeeze repository via apt-get and that worked. Wonder what i missed here... Thanks again for your reply Regards, Vikram