(a) Rights, Preferences and Restrictions attached to shares

The Company has one class of equity shares having a par value of Rs. 10 Per Share. Each Shareholder is eligible for one vote per share held.

a. Trade Payable Ageing Disclosure See Note No. 33 ^

b. For details of payable to related parties, See Note No. 42 Related Patty Disclosure

# The information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the company. As per the information and explanation given to us that the Company has asked its Suppliers to furnish to it, details so as to facilitate the Company in classifying them as Micro, Small & Medium Enterprise (MSMEs) but, due to lack of availability of any such information from its Suppliers, the Company is unable to state the dues outstanding to micto and small enterprise for more than 45 days as on the Balance Sheet date.

Note 28 In the opinion of the Board of Directors,

i) Current Assets, Loans and Advances are realizable in die ordinary course of Business, as the value at which they arc stated.

ii) Thc provision for all known liabilities arc adequate and not in excess of the amount reasonably necessary⁷.

Note 29 We have verified the vouchers and documentary⁷ evidence wherever made available. Where no documentary evidences were available, we relied on the authenticadon given by the management.

Note 32. Trade and other receivables

The Company’s exposure to credit risk is influenced mainly by the individual characteristics of each customer. However, management also considers the factors that may influence the credit risk of its customer base, including the default risk of the industry and country" in which customers operate.

The Company’s Management has established a credit policy under which each new customer is analysed individually for creditworthiness before the Company’s standard payment and delivery terms and conditions are offered. The Company’s review includes market check, industry feedback, past financials and external ratings, if they arc available, and in some cases bank references.

In monitoring customer credit risk, customers are reviewed according to their credit characteristics, including whether they arc an individual or a legal cutity, their geographic location, industry and existence of previous financial difficulties

The Company has asked its Suppliers to furnish to it’s MSMEs status, details so as to facilitate the Company in classifying them as Micro, Small & Medium Enterprises (MSMEs) but, due to lack of availability of any such information from its Suppliers, the Company is unable to state the dues outstanding to Micro, Small & Medium Enterprises (MSMEs) for more than 45 days, as on the Balance Sheet date.

The said Income tax demand from the Income tax authorities, upon completion of their tax review for the assessment years 2015-16 (FY 2014-15). The tax demands arc mainly on account of disallowance of certain expenses under the Income Tax Act. The matters are pending before the CIT APPEAL. The Company has paid Rs.1.50 Lacs for stay against the said demand. The board of directors informed that there are no any other known contingent liabilities to be disclosed.

Contingent liability produced here in above on the basis oj information compiled by the management of the company

Note 36. Details of Foreign Exchange Earnings & Outgo:

The Company foreign exchange earnings and foreign exchange outgo during the year under review Value of Export Rs. 83.66 Lacs (Pre. Year 22-88 Lacs)

Value of Import Rs. 112.19 lacs (Pre. Year 00.00 lacs)

Note 37. The company has not been sanctioned working capital limits in excess of Rs.5 crores, in aggregate, from , banks on the basis of security of current assets. Differences were found in the quarterly returns/ statements filed by the Company with such banks, which were not material on comparison with the unaudited books of accounts of the company of the respective quarters. Details of comparasion as under.

* Gratuity Provision

Every employee who has completed five years or more sendee gets a gram icy on departure at 15 days salary (last drawn salary) for each completed year of service.

The Following table summarizes the components of net benefit expense recognized in the statement of ' profit and loss and amounts recognized in the balance sheet for the respective plans.

Provident Fund

During the year the Company has recogni2ed the Rs. 11.62 Lacs/- (Previous Year Rs. 9.38 Lacs/-) for Contribution to the Provident fund in the Profit and Loss account.

Short Term Employee Benefit

During the year Company has recognized the Bonus Rs. 21.64 Lacs (Previous Year. 13.17 Lacs) and Leave Encashment Rs. 2.05 Lacs (Previous Year Nil) in the Statement of Profit and Loss.

Note 44. ILe title deeds of immovable properties (other than properties where the company is the lessee and the lease agreements are duly executed in favour of the lessee) are held in the name of the Company.

Note 45. The Company has not revalued any of its Property, Plant and Equipment during the year.

Note 46. The Company has not granted Loans and Advances in the nature of loans to Promoters, Directors, ICMPs and the related parties (as defined under Companies Act, 2013) either severally or jointly with any other person during the year.

Note 47. No proceedings have been initiated during the year or arc pending against the Company at the end of year for holding any benami property' under the Ben ami Transacdons (Prohibition) Act. 1988 (as

amended in 2016) and rules made thereunder. \A.RIA 8

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Note 48. The Company has not been declared wilful defaulter by any bank or financial institution or other lender.

Note 49. There were no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period at the end of the year.

Note 50. The Company does not have any layers prescribed under clause (87) of Section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017. The Company has one layer of Wholly Own Subsidiary (WOS) and is exempted.

Note 51. There were no transacdons relating to previously unrecorded income that have been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (43 of 1961).

Note 52. The Company is not covered under secuon 135 of the Companies Act during the year.

Note 53. The Company has not traded or invested in Crypto currency or Virtual currency during the financial year.

Note 54. The Company had not entered any transacdons with companies struck off under sccdons 248 of the Companies Act, 2013 or secdon 560 of Companies Act, 1956.

Note 55. Previous Year’s Figure & Rounding off:

Figures for the previous year have been regrouped) rearranged wherever necessary to make them comparable with those of the current year. Moreover, all amounts are Indian Rupees in Lakhs with decimal thereof and rounded off decimal to nearest thousand.