(16) Contingent Liabilities

In accordance with Accounting Standard 29 (AS 29) Provisions, Contingent
Liabilities and Contingent Assets, the Company has reviewed all pending
claims, disputes, and obligations as at 31st March, 2026. Based on such
review, the Company does not have any contingent liabilities requiring
disclosure as at the reporting date.

(19) OTHER NOTES

• We draw attention to intended users, which indicates that the
Company has discontinued its primary business operations during the
year and has generated limited revenue from operations amounting to
^ 3.60 lakh. Further, there are no immediate identifiable plans for
revival of its principal business activities. These conditions may
indicate the existence of events or conditions that could cast
significant doubt on the Company's ability to continue as a going
concern.

However, the Company has adequate financial strength in the form of
substantial cash and cash equivalents amounting to ^ 18.44 crore, a
debt-free balance sheet, investments aggregating to ^ 3.00 crore, and
healthy reserves and surplus of ^ 10.74 crore. Based on the
management's assessment and the available supporting evidence, the
Company has sufficient resources to meet its obligations as and when
they fall due for the foreseeable future.

• The Company has not received intimation from "Suppliers" regarding
their status under Micro, Small and Medium Enterprise Development
Act, 2006, and hence, relevant disclosures have not been given.

Previous year's figures have been re-grouped, re-classified and re¬
arranged wherever necessary.