Notes for Receivables:

1) The average credit period is 30-90 days from the date of invoice. No interest is recovered on trade receivables for payments received after due date.

2) The Company has used a practical expedient by computing the expected credit loss allowance for trade receivables based on a provision matrix. The provision matrix takes into account historical credit loss experience and adjusted for forward-looking information along with changes in credit risk of specific parties/companies. The expected credit loss allowance is based on the ageing of the days the receivables are due and the rates as given in the provision matrix.

3) No trade or other receivable are due from directors or other officers of the Company either severally or jointly with any other person. Nor any trade or other receivables are due from firms or private companies respectively in which any director is a partner, a director or a member.

d) Terms/ Right attached to Shares

(i) The equity shares of the Company, having par value of Rs. 10 each, rank pari passu in all respects including voting rights and entitlement to dividend.

(ii) (In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

e) Issue during the year

(i) During the year 490000 equity shares fully paid (face value) Rs 10/- each issued on preferential basis at Rs. 60/- each

Description of nature and purpose of each reserve

(a) Security premium reserve

Securities premium reserve is used to record the premium on issue of shares. The reserve will be utilised in accordance with provisions of the Act.

(b) Retained earnings

Term Loan:

1. Term loan is secured by way of hypothecation of specific plant & machinery, extension of charge over fixed assets and guarantee of promoter directors.

1. Term Loan -50- Rate of interest - 11.50

Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2026-27 Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2027-28 Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2028-29 Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2029-30

Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2030-31 Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2031-32 Repayable in 4 quarterly installments of Rs. 8981133 each during 2032-33

2. Term Loan VI-184 Rate of interest - 7.50%

Repayable in monthly installment each during 2026-2027 of Rs. 4475000

3. Term Loan -53- Rate of interest - 11.50

Repayable in 2 quarterly installments of Rs. 25 Lacs each during 2026-27 Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2027-28 Repayable in 4 quarterly installments of Rs. 50 Lacs each during 2028-29 Repayable in 4 quarterly installments of Rs. 50 Lacs each during 2029-30 Repayable in 4 quarterly installments of Rs. 50 Lacs each during 2030-31 Repayable in 4 quarterly installments of Rs. 50 Lacs each during 2031-32 Repayable in 4 quarterly installments of Rs. 25 Lacs each during 2032-33 Repayable in 2 quarterly installments of Rs. 75 Lacs each during 2033-34

4. Term Loan HDFC Rate of Interest - 8 %

Repayable in monthly installment each during 2026-2027 of Rs 11452444 Repayable in monthly installment each during 2027-2028 of Rs 12352573 Repayable in monthly installment each during 2028-2029 of Rs 13323445 Repayable in monthly installment each during 2029-2030 of Rs 14370626 Repayable in monthly installment each during 2030-2031 of Rs 15500111 Repayable in monthly installment each during 2031-2032 of Rs 2207314

Note 28 - Segment reporting Business segments

The Company is primarily engaged in manufacturing of traction gears ,pinions and alloyd products. Accordingly, there is no other separate reportable segment as defined by Ind AS 108 "Operating Segments".

Geographical segments

The Company provides all its products from India only and hence location of plant is considered to be in India only, thus the Statement of profit and loss and Balance sheet depicts the picture of segment results and the Segmental assets and liabilities.

Notes to the financial statements for the year ended March 31, 2026

Note 29- Related party disclosures

Details of related parties and their relationship

(a) Key management personnel (KMP)/Director

Mr. Kennedy Ram Gajra Mr. Anmol Gajra

Note 30 - Financial instruments (a) Capital management

The Company manages its capital to ensure that the Company will be able to continue as going concern while maximizing the return to shareholders through the optimization of the debt and equity.

The capital structure of the Company consists of net debt (borrowings as detailed in notes 13, 14A and 14C offset by cash and bank balances) and total equity of the Company.

*Debt is defined as long-term and short-term borrowings (excluding financial guarantee contracts) including current maturities of long-term debt.

(b) Financial risk management objectives

The Company's principal financial liabilities comprise of borrowings, trade and other payables.

The main purpose of these financial liabilities is to finance the Company's operations.

The Company's principal financial assets include trade and other receivables, and cash and cash equivalents that derive directly from its operations.

The Company is exposed to market risk, credit risk and liquidity risk. The Company's senior management oversees the management of these risks.

(i) Credit risk management

Credit risk is the risk of financial loss to the Company if a customer or counterparty fails to

meet its contractual obligations and arises principally from the Company's receivables, deposits given, loans given, and balances at bank.

The maximum exposure to the credit risk at the reporting date is primarily from trade receivables.

In case of trade receivables, the Company does not hold any collateral or other credit enhancements to cover its credit risks. Credit risk has always been managed by the Company through credit approvals, establishing credit limits and continuously monitoring the credit worthiness of customers to which the Company grants credit terms in the normal course of business. On account of adoption of Ind AS 109, the Company uses expected credit loss model to assess the impairment loss or gain. Trade receivables are non-interest bearing and the average credit period is 30-90 days.

Trade receivable consists of a large number of customers, spread across diverse industries and geographical areas. Ongoing credit evaluation is performed on the financial condition of the accounts receivable.

Credit risk on cash and cash equivalents is limited as the Company generally invest in deposits with banks and financial institutions with high credit ratings assigned by creditrating agencies.

(ii) Market risk

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risk: currency risk, interest rate risk and other price risk. The objective of market risk management is to manage and control market risk exposures within acceptable parameters, while optimizing the return.

(1) Foreign currency risk

The Company undertakes transactions denominated in foreign currencies, consequently exposures to exchange rate fluctuations arise. The management has taken a position not to hedge this currency risk.

The carrying amounts of financial liability of the Company denominated in foreign currency other than its functional currency is as follows:

(2) Foreign currency sensitivity analysis

The following table details the Company's sensitivity to a 10% increase and decrease in the Rupee against the relevant foreign currency. 10% is the sensitivity rate used when reporting foreign currency risk internally to key management personnel and represents management's assessment of the reasonably possible change in foreign exchange rates.

The sensitivity analysis includes only outstanding foreign currency denominated monetary items and adjusts their translation at the period end for a 10% change in foreign currency rates. A positive number below indicates an increase in profit where the Rupee strengthens 10% against the relevant currency. For a 10% weakening of the Rupee against the relevant currency, there would be a comparable impact on the profit and the balance would be negative.

(2) Interest rate risk

The borrowings of the Company are at fixed interest rates, consequently the Company is not exposed to interest rate risk.

(iii) Liquidity Risk

(1) Liquidity risk management

Liquidity risk refers to the risk that the Company cannot meet its financial obligations. The Company's principal source of liquidity are cash and cash equivalents and the cash flow generated from operations.

The Company manages liquidity risk by maintaining adequate banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities. Trade and other payables are non-interest bearing and the average credit term is 30-90 days.

The amount of financial guarantees included in contingent liabilities are the maximum amounts the Company could be forced to settle under the arrangement for the full guaranteed amount if the amount is claimed by the counterparty to the guarantee.

Notes to the financial statements for the year ended March 31, 2026

The fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale.

(d) Fair value measurement

All the financial assets and liabilities of the Company are measured at amortised cost.

Financial instruments measured at amortised cost. The carrying amount of financial assets and financial liabilities measured at amortised cost in the financial statements are a reasonable approximation of their fair values since the Company does not anticipate that the carrying amounts would be significantly different from the values that would eventually be received or settled.

Fair value hierarchy:

Assets are classified at amortised cost hence fair value hierarchy not disclosed

Note 32 - Previous years' figure have been regrouped/ reclassified wherever required.

Note 33 - The company is dealing with various companies. As per information available no company has been struck off by the Registrar of Companies