Provision, Contingent Liabiiiti®, md Contingent Awefct
A provision Is recognized when an enterprise has a prwtrtt obligation (legal or instructive) as a result of past
event; It Is probable that aft outfldw of resources embodying economic benefits will be required to settle the
obligation and a reliable estimate can be made of the amount of the obligation. Provisions are measured at
the present value of management's best estimate of the expenditure required to settle the present obligation
at the and of the reporting period. The discount rata used to determine the present value Is a pre-tax rate
that reflect* current mariet assessment* at the time valve of money and the risk specific to the liability The ,
expense relating to a provision Is presented in the statement of profit and luss.A contingent liability is a
possible obligation that arises from past events whose existence will be confirmed by the occurrence or non¬
occurrence of one or mare uncertain future events beyond the control of the Company or a present obligation
that Is not recognized because it Is nor probable that an outflow of resources will be required to settle the
obligation, The Company does not recognize a contingent liability but discloses it* ©dttonce In the financial ,
statements,
Contingent assets usually arise from unnamed or other unexpected events that give nse to the possibility of
an inflow of economic benefits. Contingent Assets are nor recognized though are
disclosed, where an inflow of economic benefits is probable.
Ftrwlsions, contingent liabilities and contingent assets ate reviewed at each reporting dntc
Financial Instrument*
A financial Instrument is any contract that gives nse to s financial asset of one entity and a financial liability
fx equity Instrument of another entity.
Financial Assets
Financial assets are recognized when the Company becomes a party to the contractual provisions of the
Instrument.tinssiftcatforeThe Company classifies its financial assets into the fallowing categories based on fhe
business model for managing the asset and the contractual cash flow dwac«ristics:Measured at Amortised
cost:Financial assets held to collect contractual cash flows, where those cash flow* represent solely payments
nf principal and Interest, are measured at amortised cost,Measured at Fair Value through Other Comprehenshre
Income (FVQCI): Financial assets held both to collect contractual, cash flows and fof sale, where the cash ftowa
are solely payments of principal and interest, are measured a\ FVOCl.Measured at Fair tel us through Profit or
Loss (FVTPL}: All other financial assets are measured at FVTPL, Including those hdd for trading and those whose
contractual cash flows are not solely payments of principal and Interred .initial Measurement: All financial assets
are initially reoogniied at fair value plus, for nswts not at FVTPL, directly attributable transaction
costs,Subsequent Measurement:At amortised cost or FVOCI, using the effective interest rate IFIR) method. A*
FVTPL, at fair value, with gains or Losses recognized in profit or loss.lmpaintierrt:The Company assesses, at
each reporting date, whether a, financial asset nr group of financial assets is impaired using the expected credit
loss (ECL) model, which involve; measuring Impairment based on historical, current, and foreoasv
information.Derecognition:A financial asset Is Jetecognued upon expiry of contractual rights, or when
substantially all risks and rewards of ownership have been transferred.
Hniindnl HafclLitttt
Financial liabilities are recognised when the Com rmny becomes a party to the contractual provisions- of tl*
Instrument.ClasaificatlorcFinandal llabtlttlei are classified as either.At amortised cost:Most financial
liabilities, Including borrowings and trade payables. are measured at amortised cost using the EIP method.At
Wf value through profit or loss (FVTPLJtFrnanriai liabilities held for trading, or where the Company has
designated tlwm as at FVTFL to eliminate an accounting mismatch, are measured al fair value with gains 01
losses- recognised in profit or loss.initial Measurement:All financial liabilities are Initially recognized at fair
value less (for liabilities not at FVTflL) transaction costs that are directly attributable to the issue .Subsequent
Mea$urement:Msasured at amortised cost using 0R, unless classified as at FVTFl.Derecognition: A financial
liability is derecognized when the obligation under tbs contract is discharged, cancelled, or expires.
Fair Value measurement
The Company measures financial in&munenfe, such as, derivatives at fair value ar each balance sheet date
fair value fa the price that would be received to sell an asset or paid to transfer a liability m an orderly
transaction between market participants at the measurement date The fair value measurement Is based on
tl*e presumption that the transaction to sell tl*> asset or transfer tte liability takes place either¬
* In the principal market for the asset or Liability or
* In the absence of a principal market, In the most advantageous market for the asset or lability
A fair value measurement of a mn-flnanclal asset tatec into account a maikat participant's ability to
generate economic benefits by using the asset In Its highest and best use or by selling ft to another market
participant that would use the asset in fts highest and best loo.
All assets and liabilities for which fair value is measured or disclosed m the financial statements are
categorised within the fair value hierarchy, described as follows, based on the lowest level input that is
significant to the fair value measurement as ft whole:
Ý Level 1 — Quoted (unadjusted) market prices \n active markets for identical assets or liabilities
* Level ? — Situation techniques for which the lowest level Input tiiat is significant to the fair vatie
measurement ts dir ectly or
indirectly observable
* Lerei J - ^1 nation lechnfques For which the lowest level input tnat is significant to the fair valut
measurement fs unobservable
Exceptional Kerns
An ordinary item of income nr expense which by Its siw, nature, occurrence or incidence requires a disclosure
in order to improve understanding of the performance of the Company is treated as an exceptional item in the
Statement of Pnofft and Loss account.
Events after reporting date
Where events occurring after the balance sheet date provide evidence Of conditions that existed M the end
of the reporting period, the Impact of such wents Is OiJJlisted within the Financial Statements. Otherwise,
events after the balance sheet date cf material size or nature are only disclosed,
Recent accounting pronouncements
Ministry of Corporate Affairs ("MCA") notifies new standards or amendments to the existing standard* tnder
Companies (Indian Accounting Standards) Rules as Issued from time to time. During the year ended March Ui,
2025, MCA has notified Ind AS 117 - insurance Contracts and amendments to Ind As 116 - Leases, relating to
sale and Lease beck transactions, applicable from April 1, 2024. The Company has assessed that there Is no
significant impact on its financial statements. On May $, 2025, MCA notifies the amendments to Ind AS 21 -
Effects of Changes in Foreign Exchange Rates. These amendments aim to provide clearer guidance on assessing
currency exchangeability and estimating ©cchange rate* when currencies are net readily exchangeable The
amendments are effective for annual perkxfc beginning on or after April 1, ZQZ5.
26 Othor Statutory informatfein
Hi* Company does rot have any Benaml property where any proceeding has been initiated or pending against the Company
tor holding any Benaml property under the Benaml Transactions (Prohibition) Act, and rules made thereunder.
5 Company does not hove any transaction with companiM struck off under section 243 of the Componta Act, J01i nr
lection 560 of the Companies Act, 195*,
The Company have not traded or Invested in Crypto currency or Virtual Cui-rancy during the flnartlnl yearn
The Company have not advanced or loaned or Invested fund; fo any other perwfi(s) ci entity (It*), Including tartly entllter
lintonnetJlarfes} wttti the understanding that the IntemedlBty shall:
Ý
a) directly or indirectly lend or invest In other persons or ^titles identified In any manner whatsoever ty or on behalf of tte
company (Ultimate Beneficiaries! or
h> provide any guarantee, security or the like to or on behalf of the Ultimate BeneflclaH^s
The Company nave not received any fund From any person**) or entity (lei), including foreign entitles (Funding Party) with the
understanding (whether recorded in writing or otherwise) that the Company shnU:
a) directly or Indirectly lend or Invest in other person; or entities Identified in any manner whatsoever by nr on behatr of the
Funding Party (Ultimate Beneflcforle*) or
b) provide any guarantee, security or the Like on behalf of the Ultimate Bsnencta/les,
The Company haw not any aueh transaction which b not recorded in the bools! of accounts that has been surrendered or
disclosed on; Income during the year In the tax assessments under the Income Tax Act, 1Pol (such at, worth or survey or any
other relevant provisions of the income Tax Act, i Ml
t TTlft Company ii not a Core investment Company as defined In the regulationa mode by Reserve Bank of India.
There Ate no events or transactions after the reporting period which is required to be disclosed under Ind AS 10.
During the year, the Company has made investments In unquoted equity surfs of private limited cempinlei. Those
27 Invertniwits hove been measured at cost In nccorflitnce with Ihd AS 109, since the Talr value of these unquoted equity
Instruments fs not readily available and there Is no active martet for such snares. The Company lias determined, after
considering all available Information, that:cost represents the best estimate of fair value at the reporting date.
2d ^ Compeiny has used accounting software for maintain!^ Its books of account which has a feature of recording audit trail
(Gdlt fog) facility The Audit trail facility was under the proc«j of impfonwncmltin duHns the year.
A* per our r eport op even date.
For M K Kotiwf ft Axsoctttei For Kabwn A|ro iPtrahulto Limited
Jiirtsrvd Accoimunts
FRN; 0323*2**
Ankur Kudu on Kumar Jhudhun
Managing Director Whofotlme Dlrectoif
W K Kotheh PIN * 1Q1«T3t DIN * tOfMWdft
I'xrttwr
Mvmbrcttolp Mo, OmtT
KolAfrtfc, May IS, 202J Hlktta iUterta Jtoujs Agirwal
UNN - 2S059S13BMI1513124 Company Secretary CFO
m. ^ nm mr-oseraaft)
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