w) Provisions and Contingencies

A provision is recognized when as a result of past
event, the Company has a present legal or constructive
obligation that can be reliably estimated, and it is
probable that an outflow of economic benefit will be
required to settle the obligation.

Provisions (excluding retirement benefits) are determined
based on the best estimate required to settle the
obligation at the balance sheet date, taking into account
the risks and uncertainties surrounding the obligation.
These are reviewed at each Balance Sheet date and
adjusted to reflect the current best estimates.

A disclosure for a contingent liability is made when there
is a possible obligation or a present obligation that may,
but probably will not require an outflow of resources
embodying economic benefits or the amount of such
obligation cannot be measured reliably. When there is
a possible obligation or a present obligation in respect
of which the likelihood of an outflow of resources
embodying economic benefits is remote, no provision or
disclosure is made.

Note 2.1: Critical estimates and judgements

The preparation of Standalone Financial Statements requires
the use of accounting estimates which, by definition, will
seldom equal the actual results. Management also needs to
exercise judgement in applying the Company’s accounting
policies.

This note provides an overview of the areas that involved a
higher degree of judgement or complexity, and of items which
are more likely to be materially adjusted due to estimates and
assumptions turning out to be different than those originally
assessed.

Estimates and judgements are continually evaluated. They are
based on historical experience and other factors, including
expectations of future events that may have a financial impact
on the Company and that are believed to be reasonable under
the circumstances

a) Impairment of financial assets:

Provision for expected credit loss on trade
receivables

The Company measures expected credit losses for trade
receivables using a provision matrix based on collection
history and trade receivables having a significant risk of
credit deterioration have been assessed for impairment
on an individual basis.

Assets are written off when there is no reasonable
expectation of recovery based on management
assessment. When recoveries are made, these are
recognized in the standalone statement of profit and
loss.

b) Fair value measurement of financial instruments

When the fair values of financial assets and financial
liabilities recorded in the financial statement cannot be
measured based on quoted prices in active markets,
their fair value is measured using internal valuation
techniques. The inputs to these models are taken from
observable markets where possible, but where this is not
feasible, a degree of judgement is required in establishing
fair values. Judgements include considerations of inputs
such as liquidity risk, credit risk and volatility. Changes
in assumptions about these factors could affect the
reported fair value of Standalone Financial Statements.

c) Recognition of deferred tax assets

The recognition of deferred tax assets is based upon
whether it is more likely than not that sufficient and
suitable taxable profits will be available in the future
against which the reversal of temporary differences can
be deducted. To determine the future taxable profits,
reference is made to the latest available profit forecasts.
Where the temporary differences are related to losses,
relevant tax law is considered to determine the availability
of the losses to offset against the future taxable profits.

d) Principal vs Agent

When deciding on the most appropriate basis for
presenting revenue or related costs, both the legal
form and the substance of the agreement between
the Company and the counterparty are reviewed to
determine each party’s respective role in the transaction.

The Company evaluates the following control indicators,
among others, when determining whether it is acting as
a principal or agent in transactions with customers, and
therefore whether the recording of revenue is on a gross
or a net basis:

• the Company is primarily responsible for fulfilling
the promise to provide the specified goods or
service;

• the Company has inventory risk before the specified
good or service has been transferred to a customer
or after transfer of control to the customer;

• the Company has discretion in establishing the
price for the specified good or service;

• the Company is involved in determining product or
service specifications; and

• the Company has discretion in supplier selection.

The Company’s sales are recognized on a gross basis, as
the Company is acting as a principal in these transactions
at the point where the goods and services are delivered
to the customer. The Company evaluates each of these
arrangements to determine its performance obligation
and appropriate recognition of revenue. The assessment
of whether the Company acts as a principal or an agent
is judgmental and requires a weighing of the individual
factors in reaching a conclusion.

e) Going Concern:

The Company has accumulated losses (negative retained
earnings) from its businesses; however, the Management
of the Company believes that it is appropriate to prepare
these standalone financial statements on a going
concern basis considering positive operating margin,
available resources, financial ratios, expected dates of
realization of financial assets and payment of financial
liabilities and current level of operations of the Company
and those projected for the foreseeable future.

The Board of Directors of the Company are confident that
sufficient cash will be generated from businesses and
together with approved unutilized working capital and
banking facilities, the Company would be able to meet its
operating and capital funding requirements for one year
post the signing date.

Notes:

1. The Company is creating an online cloud based platform to streamline the entire process of buying, selling, and delivering
construction materials. By using modern technologies and artificial intelligence, it is eliminating numerous manual and
inefficient processes and improving decision making at each step, while elevating transparency, accuracy and speed. This
platform aims to transform the traditional procurement and selling process for buyers and sellers. The Company’s tech
team along with third party tech experts have built this platform in-house and will be integrated with the existing technology
ecosystem of the industry.

2. There are no intangible assets under development, whose completion is overdue or has exceeded its cost compared to its
original plan.

Terms, rights, preferences and restrictions attached to equity shares

The Company has only one class of equity shares having a par value of ^ 2 per share. Each shareholder is eligible for one
vote per share held. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the
ensuing annual general meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders
are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion
to their shareholding.

Note 18 (c) - Bonus, sub division and conversion during the previous year

The Board of Directors, pursuant to the resolutions dated July 10, 2024, approved conversion of:

- 1,67,677 series A1 CCPS having face value of f 10/- each were converted to 1,67,677 equity shares of f 10/- each,

- 37,374 series A2 CCPS having face value of f 10/- each were converted to 37,374 equity shares of f 10/- each,

- 1,04,974 series A3 CCPS having face value of f 10/- each were converted to 1,04,974 equity shares of f 10/- each,

- 69,582 series B1 CCPS having face value of f 10/- each were converted to 69,582 equity shares having face value of f 10/-
each.

The Board of Directors and shareholders of the Company in their Board meeting and extraordinary general meeting held on July
17, 2024 and July 19, 2024 respectively, approved a bonus issue in the ration of 1:5 equity shares for every equity share and every
preference share held by the shareholders of the Company as of July 19, 2024. Accordingly, the Company has allotted fully paid-
up 77,07,710 equity shares of f 10/- each as bonus to the equity shareholders and 14,46,355 preference shares of f 10/- each as
bonus to the preference shareholders, by utilising the balance of securities premium.

Nature/ purpose of each reserve

(a) Securities premium reserve : Securities premium is used to record the premium on issue of shares. The reserve is
utilised in accordance with the provisions of the Companies Act 2013 (‘Act’)

(b) Debenture redemption reserve : The Company is required to create a debenture redemption reserve out of the profits
which is available for redemption of debentures.

(c) Share options outstanding account: The share options outstanding account is used to recognise the grant date fair
value of options issued to employees. During the year, certain employees have exercised their options and hence the
amount standing to the credit of the stock options outstanding relating to such exercised options is transferred to
securities premium.

(d) Retained earnings : Retained earnings are the profits/(losses) that the company has earned till date, less any transfers
to/from general reserve, transfer to / from debenture redemption reserve, dividends or other distributions paid to
shareholders. Retained earnings includes re-measurement (loss)/gain on defined benefit plans, net of taxes that will
not be reclassified to standalone statement of profit and loss.

Terms of Non-current borrowings:

As at March 31, 2026

During the year ended March 31,2026, the Company repaid the long-term maturities of its borrowings. Consequently, the current
maturities have been classified as current borrowings
As at March 31, 2025

During the year ended March 31,2025, the Company has taken long term rupee loan of f 150 million for a tenure of 18 months,
bearing a coupon rate of 13.20% with interest payable on a monthly rest basis. Repayment of the principal amount commences on
a monthly basis following a moratorium period of three months. The borrowing is secured against an interest-free security deposit
of f 52.5 million placed with the lender.

Notes forming part of the standalone financial statements as at and for the year ended on March 31,2026

(Amounts are in f millions unless otherwise stated)

The overall transaction price has been segregated between the interest-free security deposit and the borrowing based on respective
fair values.

The Company has also paid a processing fee at the rate of 0.5% on the principal amount of the loan. The overall effective interest rate
on the borrowing works out to 18.30%.

The loan agreement includes a prepayment option, under which the Company may prepay the loan anytime after 9 months by paying
a premium of 2% or 1%, depending on the timing of the prepayment. This prepayment option is considered an embedded derivative
that is closely related to the host contract as its exercise price on each exercise date is approximately equal to the amortised cost of
the host contract. Accordingly, it has not been separated for accounting purposes.

As at March 31, 2026

Terms of borrowing and nature of security

a) During the year, the Company has availed cash credit facility from banks. The cash credit facility are secured against the
Company’s book debts, fixed deposits and inventories, and includes interest accrued as at year end. Also Company has
repaid the working capital loan of ^ 10 Million during the year.

b) During the year, the Company has entered into recourse bill discounting arrangement for an additional amount of ^ 2,064.36
million and repaid ^ 2,471.43 million during the year. The said arrangement involves interest of range of 11.67% to 13.50%,
bill discounting charges of 0.25%, and settlement fees of range of 0.90% to 2.40% . Further bill discounting arrangement are
secured against trade receivables. As at March 31, 2026; loan outstanding amounts to ^ 247.94 million (including interest
payable of ^ 9.83 million).

c) During the year, the Company repaid 6683 debentures aggregating to ^ 668.30 million. These debentures are secured by
creating first ranking pari-passu floating charge on the trade receivable of the Company both present and future and interest
is payable at monthly rest. As at March 31,2026; debenture outstanding amounts to ^ Nil.

d) During the year, the Company repaid principal aggregating to ^120.00 million. Accordingly, the outstanding balance as at
March 31,2026, stands at ^30.41 million (including interest payable of ^ 0.41 million).

e) During the year, the Company has taken short term rupee loan of ^ 481.35 million and repaid loan of ^ 1,090.43 million. As at
March 31,2026, loan outstanding amounts to ^ 2.21 million (including interest payable of ^ 0.04 million). These borrowings
are unsecured and carry interest rate of 12% and are repayable on demand by giving 15 days notice.

f) During the year, the Company has taken short term inter corporate deposit of ^ 137.54 million and repaid loan of ^ 2.50
million. As at March 31,2026, loan outstanding amounts to ^ 135.46 million (including interest payable of ^ 0.42 million).
These borrowings are unsecured and carry interest rate of 12% and are repayable on demand by giving 30 days notice.

As at March 31, 2025

Terms of borrowing and nature of security

a) During the year, the Company has availed working capital loan and cash credit facility from banks. The working capital loan
and cash credit facility are secured against the Company’s current assets, fixed deposits and movable fixed assets both
current and future and includes interest accrued as at year end.

b) During the year, the Company has entered into recourse bill discounting arrangement for an additional amount of ^ 3,992.27
million and repaid ^ 4,008.95 million during the year. The said arrangement involves interest of range of 12.35% to 13.50%,
bill discounting charges of 0.25%, and settlement fees of range of 0.45% to 1.55% . Further bill discounting arrangement are
secured against trade receivables. As at March 31, 2025; loan outstanding amounts to ^ 645.18 million (including interest
payable of ^ 3.18 million).

c) During the year, the Company repaid 100 debentures aggregating to ^ 10 million. These debentures are secured by creating
first ranking pari-passu floating charge on the trade receivable of the Company both present and future and interest is payable
at monthly rest. These non-convertible debentures which are due for repayment on April 9, 2025 are further rolled over for 370
days and due for repayment on April 14, 2026. Since Management intends to repay these debentures utilising IPO proceeds,
the same have been classified as current. As at March 31,2025; debenture outstanding amounts to ^ 673.92 million (including
interest payable of ^ 5.62 million).

d) Fair value of principal repayment of “loan from others” reported under non current borrowings which is due for payment
within 12 months post year end March 31,2025 of ^ 116.99 million is classified as current borrowing.

e) During the year, the Company has taken short term rupee loan of ^ 1,499.84 million and repaid loan of ^ 1,320.56 million.
As at March 31, 2025, loan outstanding amounts to ^ 611.25 million (including interest payable of ^ 5.47 million). These
borrowings are unsecured and carry interest rate of 12% and are repayable on demand by giving 15 days notice.

f) No loans have been guaranteed by directors.

a) Compensated absences:

The leave obligations cover the Company’s liability for earned leave. The obligation towards the same is measured at the
expected cost of accumulating compensated absences as the additional amount expected to be paid as a result of the
unused entitlement as at the year end. The Company’s liability is actuarially determined (using the projected unit credit
method) by an independent actuary at the end of each year.

The compensated absences benefit scheme is a long term employee benefit plan and is wholly unfunded. Hence, there are
no plan assets attributable to the obligation.

The entire amount of intent of compensated absence provision is presented as current, since the group does not have an
unconditional right to defer settlement for any of these obligations. However, based on past experience, the Group does not
expect all employees to avail the full amount of accrued leave or require payment for such leave within the next 12 months.

b) Post employment obligations:

Gratuity (unfunded):

The Company provides for gratuity for employees as per the Payment of Gratuity Act, 1972. Employees who are in continuous
service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/termination is the
employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years
of service.

c) Defined contribution plans:

The Company also has defined contribution plan. Contributions are made to provident fund in India for employees at
minimum rate of ^ 1,800 per month as per regulations. The contributions are made to registered provident fund administered
by the government. The obligation of the Company is limited to the amount contributed and it has no further contractual nor
any constructive obligation. The expense recognised during the year towards defined contribution plan is ^ 3.48 million.

Current Tax : Current Income tax expense is determined in accordance with the provisions of the Income tax Act, 1961.

In accordance with the amendment prescribed in “The Taxation Laws (Amendment) Ordinance 2019”, the Company has
opted for lower income tax rate of 22% under section 115BAA plus surcharge of 10% and additional health and education
cess at the rate of 4 %

Note 40 - Share-based payments
Employee option plan 2021

The Company has established an equity settled employee stock option scheme 2021 (Arisinfra ESOP-2021) with effect from June 3,
2021 to enable the employees of the company to participate in the future growth and success of the Company. The share options
issued under the scheme vest in tranches and are exercisable by the employees subject to completion of certain period of service,
which ranges from 1 year to 4 years. The employee option plan is designed to provide incentives to employees above the designation
of managers to deliver long-term returns. Participation in the plan is at the board’s discretion and no individual has a contractual
right to participate in the plan or to receive any guaranteed benefits. Once granted, the options remain exercisable for a period
of ten years. Options are granted under the plan for no consideration and carry no dividend or voting rights. The exercise price of
the options is ^ 10 per option which subsequent to bonus and split has been proportionately reduced to ^ 2 per option. When
exercisable, each option represents a right to one equity share. Unvested options are forfeited on separation.

Employee option plan 2024

The Company has established a new Employee Stock Option Scheme 2024 (Arisinfra ESOP-2024) with effect from July 19, 2024 and
subsequently modified on July 31,2024, October 28, 2024 and December 26, 2024 to enable the employees of the Parent Company
to participate in the future growth and success of the Company. The share options issued under the scheme vest in tranches and
are exercisable by the employees subject to completion of certain period of service, which ranged from 1 year to 6 years. Share
options granted during the previous year to the CEO under this scheme have performance based vesting conditions (market and
non-market) along with time based vesting criteria. The Employee Option Plan is designed to provide incentives to employees above
the designation of managers to deliver long-term returns. Participation in the plan is at the board’s discretion and no individual has
a contractual right to participate in the plan or to receive any guaranteed benefits. Once granted, the options remain exercisable
for a period of ten years. Options granted under this plan are for no consideration and carry no dividend or voting rights. When
exercisable, each option represents a right to one equity share. Unvested options are forfeited on separation.

Options issued during the year:

Grant 1 (Refer below for model inputs):

Certain options issued as above vest in graded manner and contain only non market performance condition (successful listing of
the Company) together with service condition. Since the best available estimate is that the non-market performance condition will
be met and thus all such options will vest, the Company has recognised grant date fair value of such options over the estimated
vesting period. For options granted that contain a non-market performance condition resulting in a variable vesting period, the
Company re-estimates the grant date fair value of those options at subsequent reporting dates if there is a change in the estimate
of the vesting period on account of the change in estimate of fulfillment of the non-market performance condition provided the best
available estimate is that the non-market performance condition will be satisfied. As a result, the grant date fair value based on the
latest estimate of the vesting period is recognised over the revised estimated vesting period.

Grant 2 (Refer below for model inputs):

Certain options issued during the year contain both market performance condition (share price of the Company exceeding certain
levels from the reference price, such reference price will be fixed by nomination and remuneration committee (NRC) or Board of
the Company) as well as non-market performance condition (successful listing of the Company and meeting certain criteria to be
decided by the nomination and remuneration committee (NRC) of the Company including satisfactory achievement of business
plan to be determined by the NRC or Board of the Company, which NRC has fixed subsequent to issuing the grant letter to its
employee) together with service condition. Since the reference price relating to market performance condition has not been fixed
but the option holder has started to provide the services, the grant date has not yet been established for such options and therefore,
the Company has recognised the charge in the profit or loss based on the estimated fair value at the reporting date. The Company
will continue to estimate the fair value of the options at each reporting date until the grant date is established.

During the current year, the NRC of the Company on June 30, 2025 has fixed the reference price to ^ 222 per share and exercise price
to ^ 245 per share. This has led the grant date to be established as June 30, 2025. As a result, the grant date fair value based on the
latest estimate of the vesting period is recognised over the revised estimated vesting period.

Grant 3 & Grant 4 (Refer below for model inputs):

The share options issued under the scheme vest in tranches and are exercisable by the employees subject to completion of certain
period of service, which ranges from 1 year to 4 years. As per the terms of the ESOP stock option plan and the letter issued to
employee, the actual price at which the options can be exercised would be fixed by the NRC at a later date that ranges between
T220- 500 per stock option. Since excerise price of the ESOP stock options is not fixed but the option holder has started to provide
the services, the grant date has not yet been established for such options and therefore, the Company has recognised the charge in
the profit or loss based on the estimated fair value at the reporting date. The Company will continue to estimate the fair value of the
options at each reporting date until the grant date is established.

During the current year, the NRC of the Company on June 30, 2025 has fixed the exercise price to ^ 245 per share. This has led the
grant date to be established as June 30, 2025. As a result, the grant date fair value based on the latest estimate of the vesting period
is recognised over the revised estimated vesting period.

Grant 5 & Grant 6 (Refer below for model inputs):

The share options issued under the scheme vest in tranches and are exercisable by the employees subject to completion of certain
period of service, which ranges from 1 year to 4 years. As per the terms of the ESOP stock option plan and the letter issued to
employee, the exercise price is of ^ 245 per stock option. The grant date fair value is recognised over the estimated vesting period.

Set out below is the summary of options granted under the plan.

Company’s activities expose it to a variety of financial risks: market risk, credit risk and liquidity risk. Company’s primary
focus is to foresee the unpredictability of financial markets and seek to minimize potential adverse effects on its financial
performance. The Finance risk management of Company is driven by Leadership team and in consultation with external/
internal experts subject to necessary supervision. The leadership team is accountable to Board of Directors. They ensure
that Company’s financial risk taking activities are governed by appropriate finance risk governance framework, policies
and procedures, quarterly review of financial risk and its mitigation plan are being carried out by Board of Directors.
Company operates predominately in India and hence is not exposed to material foreign exchange risk arising from foreign currency
transactions.

A. Credit risk

Credit risk is the risk of incurring a loss that may arise from a debtor failing to make required payments. Credit risk arises
mainly from outstanding receivables, cash and cash equivalents, advances and security deposits. Company manages and
analyse the credit risk for each of its new customers before standard payment and delivery terms and conditions are offered.
There are no significant concentrations of credit risk, whether through exposure to specific industry sectors and/or regions.

Company evaluates 12 months expected credit losses for all the financial assets (other than trade receivables for which life
time ECL model is applied) for which credit risk has not increased. In case credit risk has increased significantly, Company
considers life time expected credit losses for the purpose of impairment provisioning.

Cash and cash equivalents and bank balances

The Company is also exposed to credit risk on cash and cash equivalents and bank balances other than cash and cash
equivalents. These balances are with banks with a high credit rating and are governed by Reserve Bank of India. The Company
believes its credit risk in such bank balances is immaterial.

Security deposits and loan & advances

With respect to security deposits and advances, the maximum exposure to credit risk is the carrying amount of these classes
of financial assets presented in the Balance Sheet. These are actively monitored and confirmed by the Company. The
Company believes its credit risk on account of security deposits, other deposits and other receivables is immaterial.

Trade receivables

Trade receivables are generally unsecured and are derived from revenue earned from customers. The Company’s exposure
to credit risk is influenced mainly by the individual characteristics of each customer. The demographics of the customer,
including the default risk of the industry, also has an influence on credit risk assessment. The Company manages credit risk
through credit approvals, establishing credit limits and continuously monitoring the creditworthiness of customers to which
the Company grants credit terms in the normal course of business. The Company has taken trade credit insurance of upto
^ 350 million to mitigate the risk of default by customers. Under this trade credit insurance, the Company can claim credit
losses upto certain pre-defined individual customer limits within the overall limit with such claim being admissible subject
to certain terms and conditions. However, in view of minimal claims that the Company has historically made under the trade
credit insurance, it continues to make specific and additional loss provisions where it deems necessary based on the inputs
it obtains from its sales team. The expected loss rates are based on the payment profiles of sales over a period of 36 months
before the reporting date and the corresponding historical credit losses experienced within this period. The historical loss
rates are adjusted to reflect current and forward-looking information on macroeconomic factors affecting the ability of the
customers to settle the receivables.

For trade receivables, the Company applies the simplified approach required by Ind AS 109, which requires expected lifetime
losses to be recognised from initial recognition of the receivables.

For receivables, as a practical expedient, Company computes expected credit loss allowance based on a provision matrix.
The provision matrix is prepared based on historically observed default rates over the expected life of trade receivables and is
adjusted for forward-looking estimates. Further, in relation to certain customers where legal proceedings have been initiated
for recovery are considered for expected credit lose at individual level.

Loss allowance as at March 31, 2026 and March 31, 2025 were determined as follows for trade receivables using
simplified approach

B. Liquidity risk

Liquidity risk is defined as the risk that the Company will not be able to settle or meet its obligations on time or at a reasonable
price. The Company finance function closely monitors its liquidity management and review its cash requirement on a daily
basis. Surplus cash are temporarily invested in Fixed Deposits as per the guidelines approved by Board of Directors. The
Company carries out a rolling cash flow forecast on the basis of expected cash flow to monitor the Company net liquidity
positions.

The Company based on its future business plan has tied up with banks for an adequate credit arrangement (fund limits) to
meet its working capital needs, payment to capital creditors and repayment of borrowing.

• The Company’s objective while managing its capital structure is to safeguard its ability to continue as a going concern,
optimize returns to shareholders, support business stability and growth, and maintain optimal and efficient capital structure
so as to reduce the cost of capital.

• The Company’s capital structure is the combination of equity and other borrowings. The capital structure is based on
management’s judgement of its strategic and day-to-day needs with a focus on total equity so as to maintain investor,
creditors and market confidence.

• The management and the Board of Directors monitors the capital structure on the basis of Net Debt/Adjusted EBITDA
coverage and Debt to Equity ratio. Net debt is calculated as total borrowings less Cash and cash equivalents (including Fixed
Deposit grouped under other financial asset) and liquid investments.

Adjusted EBITDA is calculated as Profit or (loss) before tax added with Depreciation and Amortisation expenses, Finance
cost, ESOP expenses, Loss/(Gain) on derivative financial instruments over own equity and reduced by other interest income.

Note 44 - Segment information
(a) Basis of segment information

The Company is primarily engaged in trading, procuring, supplying, distributing the supply of all kinds of raw materials
necessary for creation of infrastructure, buildings and construction to business engaged thereof along with the creation,
ownership, supply to create better outcomes in this business. In the context of Ind AS 108 on segment reporting, the
management considers the entity as a single operating segment to make decisions about resources to be allocated to the
segment and assess its performance. The Company’s chief operating decision maker (i.e. Board of director) reviews the
results of Company as a whole rather than reviewing results of the contracts of similar nature together.

Notes:

1. Net debt =Non current borrowings Current borrowings Current lease iiabiiities Non-current lease liabilities
Derivative over own equity-Cash and cash equivalents -Bank balance other than cash and cash equivalents

2. Earnings for debt service = Net profit after tax Depreciation and amortisation Finance cost Other adjustments *

* Other adjustments include all non cash items like provision for doubtful debts and net unwinding interest on vendor /
customer advances

3. Debt service = Non current borrowings Current borrowings Interest payments lease payments

4. Net working capital = Current assets - Current liabilities

5. EBIT = Profit before tax Finance cost fair value gain/(loss) on derivative

6. Capital employed = Share capital Reserves excluding revaluation reserve Total current and non current borrowings

(ii) Details of crypto currency or virtual currency

The Company has not traded or invested in crypto currency or virtual currency during the current or previous financial year.

(iii) Disclosure of wilful defaulter

The Company has not been declared wilful defaulter by any bank or financial institution or other lender for the year ended
March 31,2026 and March 31,2025.

(iv) Details of benami property held

No proceedings have been initiated on or are pending against the Company for holding benami property under the Benami
Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

(v) Disclosure of relationship with struck of companies

The Company has no transactions with companies struck off under Companies Act, 2013 or Companies Act, 1956 for the
year ended March 31,2026 and March 31,2025.

(vi) Compliance with number of layers of companies

The Company has complied with the number of layers prescribed under the Companies Act, 2013, read with the Companies