1.11 Provisions and contingent liabilities

The company recognizes a provision when there is a present obligation as a result of a past event that
probably requires an outflow of resources and a reliable estimate can be made of the amount of the
obligation. A disclosure for a contingent liability is made when there is a present obligation that cannot
be estimated reliably or a possible or present obligation that may, but probably will not, require and
outflow of resources. Where there is a possible obligation or a present obligation that the likelihood of
outflow of resources is remote, no provision or disclosure is made.

1.12 Earning Per Share

Earning per share are calculated by dividing the net profit or loss after taxes for the period attributable
to equity shareholders by the weighted average number of equity shares outstanding during the period.
For the purpose of calculating, diluted earnings per share, the net profit/ (loss) for the year attributable to
equity shareholders and weighted average number of shares outstanding during the year are adjusted
for the effects of dilutive potential equity shares.

1.13 Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and
tax is adjusted for the effects of transactions of non-cash nature and any deferrals or accruals of past or
future cash receipts or payments. The cash flows from operating, investing and financing activities of the
Company are segregated based on the available information.

Short-term employee benefits

Short-term employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A
liability is recognized for the amount expected to be paid e.g., under short-term cash bonus, if the Company has a present legal or
constructive obligation to pay this amount as a result of past service provided by the employee, and the amount of obligation can be
estimated reliably.

The Providend fund and the state Defined Contribution Plan are operated by the Regional Providend Fund Commissioner as Applicable
for all eligible employees under the schemes/. The company is required to contribute a specified percentage of payroll cost to the
retirement benefit schemes to fund the benefits. These funds are recognised by the Income Tax Authorities.

31 Segment Information

The Company has determined its operating segment as Printing Consumables, based on the information reported to the Managing
Director of the company in accordance with the requirements of Accounting Standard 108 - "Operating Segment Reporting", notified under
the Companies (Indian Accounting Standards) Rules, 2015.

32 Operating leases as a Lessee

32.1

Ind AS 116 (corresponding to IFRS 16) is under consideration of the National Advisory Committee on Accounting Standards (NACAS). Ind
AS 116 is effective for accounting periods beginning on or after from 1 April 2019. Ind AS 116 introduces a single lessee accounting model
and requires a lessee to recognize assets and liabilities for all leases with a term of more than 12 months, unless the underlying asset is of
low value. A lessee is required to recognize a right-of-use asset representing its right to use the underlying leased asset and a lease liability
representing its obligation to make lease payments. Prior to Ind AS 116, Ind AS 17 required classifying leases as finance lease and operating
lease

32.2

The company’s significant leasing arrangements are in respect of operating premises, stores & godown. Leases in which a significant portion
of the risks and rewards of ownership are not transferred to the company as lessee are classified as operating leases. Rental expenses made
under operating leases (net of any incentives received from the lessor) are charged to profit or loss over the period of the lease on straight
line basis. Where the rentals are structured solely to increase in line with expected general inflation to compensate for lessor's expected
inflationary cost increase, such increases are recognized in the year in which such cost/benefits accure. The leasing agreements with expiry
due ranging between 3 months to four years are generally renewable by mutual consent on agreed terms. The aggregate lease rentals payable
are charged as rent including lease rentals.

32.3 At the date of commencement of the lease, the Company recognizes a right-of-use (ROU) asset and a corresponding lease liability for all
lease arrangements in which it is a lessee, except for leases with a term of 12 months or less (short-term leases) and low-value leases. For
these short-term and low-value leases, the Company recognizes the lease payments as an operating expense on a straight-line basis over
the term of the lease.

32.4 Certain lease arrangements include the options to extend or terminate the lease before the end of the lease term. ROU assets and lease
liabilities include these options when it is reasonably certain that they will be exercised. ROU assets are initially recognized at cost, which
comprises the initial amount of the lease liability adjusted for any lease payments made at or prior to the commencement date of the lease
plus any initial direct costs less any lease incentives. They are subsequently measured at cost less accumulated depreciation and impairment
losses. ROU assets are depreciated from the commencement date on a straight-line basis over the shorter of the lease term and useful life
of the underlying asset. ROU assets are evaluated for recoverability whenever events or changes in circumstances indicate that their carrying
amounts may not be recoverable. For the purpose of impairment testing, the recoverable amount (i.e. the higher of the fair value less cost
to sell and the value-in-use) is determined on an individual asset basis unless the asset does not generate cash flows that are largely
independent of those from other assets. In such cases, the recoverable amount is determined for the Cash Generating Unit (CGU) to which
the asset belongs.

32.5

The lease liability is initially measured at amortized cost at the present value of the future lease payments. The lease payments are
discounted using the interest rate implicit in the lease or, if not readily determinable, using the incremental borrowing rates in the country of
domicile of these leases. Lease liabilities are re-measured with a corresponding adjustment to the related ROU asset if the Company
changes its assessment of whether it will exercise an extension or a termination option. Lease liability and ROU asset have been separately
presented in the Balance Sheet and lease payments have been classified as financing cash flows.

37 Corporate Social Responsibility

As mandated by section 135 of the Companies Act, 2013, the company has constituted as CSR Committee. Since the average net profit
of the company is below the limits Prescribed, there is no expenditure on CSR activities during the year.

38 Financial Instruments

(i) Capital Management

The Company manages its capital to ensure that it will be able to continue as going concern while maximising the return to
stakeholders through the optimisation of the debt and equity balance.

The capital structure of the Company consists of net debts (T otal Borrowings offset by Cash and Bank Balance) and total equity of
the company

(ii) Financial risk management objectives
Liquidity Risk Management

Liquidity risk refers to the risk that the Company will encounter difficulty in meeting its financial obligation as they fall due. The
Company's financial liabilities as on March 31, 2024 is Rs.2940.12/- Lakhs. Significant portion of the Company's financial assets
as on March 31, 2024 Rs. 2643.93/- Lakhs

Credit Risk Management

Credit risk refers to risk that the counterparty will default on its contractual obligations resulting in financial loss to the Company.
The Company has big reputed corporate as customer based due to which credit risk is very less. Significant portion of the
Company's financial assets as at March 31, 2024 comprise of trade receivable, which are held with reputed and credit worthy
reputed corporate customers.

(iii) Market Risk

Market risk is the risk of loss of future earnings, fair values or future cash flows that may result from adverse changes in market
rates and prices (such as interest rates, foreign currency exchange rates) or in the price of market risk-sensitive instruments as a
result of such adverse changes in market rates and prices. Market risk is attributable to all market risk-sensitive financial
instruments, all foreign currency receivables and payables and all short term and long-term debt. The Company is exposed to
market risk primarily related to foreign exchange rate risk. Thus, the Company’s exposure to market risk is a function of operating
activities in foreign currencies.

With a view to convert the existing outstanding dues from the Company for the supplies made by M/s. Canadian Specialty Vinyls and Shiv
⁴³ Polymers through its proprietor Tanya Mahajan("collectively called as Suppliers" and individually called as "supplier"), the Company

proposes to issue 72 rated listed unsecured redeemable non-convertible debentures each having a face value of Rs. 10,00,000/- (Rupees
Ten Lakhs only) of the aggregate nominal value of Rs. 7,20,00,000/- (Rupees Seven Crores Twenty lakhs onty) (hereinafter referred to as
the "Debentures") on private placement issue basis in accordance with the provisions of the Companies Act 2013 and the regulations
applicable to issue of debentures notified by Securities Exchange Board of lndia ("SEBl"), from time to time.

NOTE: 44: Immovable Property Not Held In Company’s Name

The company has not held any immovable property (other than properties where the company is the lessee and the lease
agreements are duly executed in favor of the lessee) whose title deeds are not held in the name of the company. Therefore,
disclosure under this note is not applicable for FY 23-24.

Note: 45: Details Of Benami Property

As of the date of this report, no proceedings have been initiated or are pending against Company for holding any benami
property under the Benami Transactions (Prohibitions) Act, 1988. The Company does not possess any benami property, and
there have been no instances or allegations requiring such proceedings. Consequently, there are no details or amounts related
to any benami property to disclose.

Note : 46: Registration Of Charges or Satisfaction with Registrar of Companies

As of the date of this report, Company has successfully registered all charges and satisfactions within the statutory period as
mandated by the relevant regulations. There are no charges or satisfactions pending registration with the Registrar of
Companies beyond the statutory period.

Note : 47: Undisclosed Income

As of the date of this report, there have been no transactions that were not recorded in the books of accounts of the Comapny.
Additionally, the Company has not disclosed any income during the year in the tax assessments. There are no proceedings
initiated or pending against the Company regarding any undisclosed income.

Note : 48: Details of Crypto / Virtual Currency

As of the date of this report, Company has not undertaken any trading or investment activities in cryptocurrency or virtual
currency during the financial year. Consequently, there are no profits or losses, or amounts related to such currencies to disclose
in the notes to accounts

NOTE: 49: Loan to Promoter/ Director and Related Parties

As of the date of this report, Company has not granted any loans or advances in the nature of loans to its Promoters, Directors,
Key Managerial Personnel (KMPs), or related parties, either severally or jointly with any other person.

NOTE: 50: Contingent Liability & Capital Commitments

a) As of the date of this report, Company does not have any contingent liabilities for the year under review.

b) As of the date of this report, Company does not have any capital commitments for the year under review.

Note: 51: Wilful Defaulter*

As of the date of this report, Company has not been declared a wilful defaulter by any bank, financial institution, or other lender.

Note : 52: Relationship with Struck off Companies

Where the company has any transactions with companies struck off under section 248 of the Companies Act, 2013 or section
560 of Companies Act, 1956, the Company shall disclose the following details, namely:-

Note : 53: Compliance with number of layers of companies

As of the date of this report, Company does not have any subsidiaries or parent companies. Therefore, there are no instances of
non-compliance with the prescribed number of layers under the aforementioned rules. Consequently, there are no names of
companies beyond the specified layers to disclose.

Note : 54: Compliance with approved Scheme(s) of Arrangements

As of the date of this report, no Scheme of Arrangements has been approved by the Competent Authority for the Company
under sections 230 to 237 of the Companies Act, 2013. Consequently, there are no effects of any such Scheme of Arrangements
to be accounted for in the books of account of the Company.

Note : 55: Utilisation of Borrowed funds and share premium:

(A) As of the date of this report, Company has not advanced, loaned, or invested any funds (whether borrowed funds, share
premium, or any other sources) to any person(s) or entity(ies), including foreign entities (Intermediaries), with the understanding
(whether recorded in writing or otherwise) that the Intermediary shall:

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
Company (Ultimate Beneficiaries); or

(ii) provide any guarantee, security, or the like to or on behalf of the Ultimate Beneficiaries.

Therefore, the disclosures are not applicable:

(B) As of the date of this report, Company has not received any funds from any person(s) or entity(ies), including foreign entities
(Funding Party), with the understanding (whether recorded in writing or otherwise) that the Company shall:

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
Funding Party (Ultimate Beneficiaries); or

(ii) provide any guarantee, security, or the like on behalf of the Ultimate Beneficiaries.

Therefore, the disclosures are not applicable:

a. Acquisition oi investment riupeny

The flat, classified as Investment Property, was acquired on 11th November, 2020, at a cost of ^2,05,00,000. Including stamp
duty and registration fees amounting to ^4,40,000, the total cost of the property amounts to ^2,09,40,000.

b. Recognition as a Investment Property:

Initially, the flat was recognized as property, plant, and equipment at its carrying cost without providing any depreciation thereon.
However, during the financial year 2023-24, the property was given on rent. Consequently, the corresponding wear and tear cost
has been recognized in the profit and loss account as depreciation expense.

c the depreciation methods used:

In accordance with Ind AS 40, the benefits from the investment property are considered to be equally attributable over its useful
life. Consequently, the management has elected to use the straight-line method for computing depreciation of the investment
property.

=d ^Useful ^Life

The management has estimated useful life of investment property for 60 Years.
e. Fair Value of Investment Property

The management has estimated fair value of the investment property to the best of their knowledge and available information to
Rs 3.5 crores

As per Reports of even Date

For R Mehta & Associates For and on behalf of the Board of Directors

Chartered Accountants
Firm Reg No - 143992W

Sd/- Sd/- Sd/-

Pankaj Jobalia Deepak Pendhari

CA Rohan Mehta Managing Director Executive Director

Proprietor DIN: 03637846 DIN: 08948584

Membership No: 141598
Place: - Mumbai

Date:- 28/05/2024 Sd/-

UDIN:- 24141598BKBWDJ1938 Vishal Waghela "

_CFO_