The company has one class of equity shares having a par value of Rs. 10/- per share. Each shareholder is eligible for one vote per share held. In the event of liquidation, the equity shareholders shall be eligible to receive any of the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding. The amount distributed will be in proportion to the number of equity shares held by the shareholders.

There is no inventory held by company during the year.

Note 21: Loans& Advances

In the opinion of the Board of directors the value on realization of loans, advances and current assets in the ordinary course of business is not less than the amount at which they are stated in the Balance Sheet and provisions for all known liabilities has been made.

Company has given loan amounting to Rs.20,00,000/- to Prayag Polytech Private Limited on 21.12.2016 for a loan tenure of maximum 6 months. As per the signed agreement between company and the party, interest @15% per annum shall be charged by the company till the loan tenure. The loan was extended for twelve months via new agreement dated 07.06.2017. Further, as per the new agreement, interest @12% per annum shall be payable within 5 days from end of each quarter on pro-rata basis. If not paid within the timelines, then penalty of twice the amount of interest shall be charged and paid within 15 days from the due date. At the end of F.Y. 2018-19, interest accruedis standing at Rs.1,68,000 from Prayag Polytech Private Limited but the company has not received the same from Prayag Polytech Private Limited till date. Accordingly, company has to charge penalty of twice the amount of interest unpaid for the delayed period, which is not recognized in the books of accounts. The company has filed suit for the recovery of the above amount.

Also company has given loan to Worldlink Finance Ltd. and Principal & Interest are due for more than 3 years, and the balance outstanding as on 31.03.2025 amounting Rs.92,14,118.00. The company has filed suit for the recovery of the above amount.

Apart from above, company has given loans to various third parties during the current year and previous years. As per the signed agreement between company and the party, interest is to be paid on quarterly basis, if not paid within the timelines as agreed in the agreement, then interest on interest @12% shall carry for the period of delay. Following are the details of amount o/s on 31.03.2025for various parties: -

Balance of sundry debtors, creditors and loans & advances are subject to direct confirmation and reconciliations of the adjustments,which are made available.

Note 24: Discounting of security deposits for leases

Security deposits for leases have been recognized at discounted value and the difference between undiscounted and discounted value has been recognized as 'Prepaid expense for Rent' which has been amortized over respective lease term as rent expense under 'Finance Cost'. The discounted value of the security deposits is increased over the period of lease term by recognizing the notional interest income under 'other income' which has ended in F.Y. 2019-20.

*(1) BSE has imposed a fine of Rs. 3,12,700/- for non-submission of Related Party Transaction in XBRL Mode under Reg. 23(9) for the period ended September 30, 2023. Management has submitted replies and is contesting the same. However, Waiver Application has been submitted.

(2) Notice Dated 13.05.2022 from the BSE Ltd relating to non-compliance of various regulations and SOP under SEBI (LODR), levying an amount of Rs. 2,51,340 as penalty and freezedthe promoters holding for debit. The company has filed suitable submissions and replies with documentary evidences and the matter is under process.

Note 28: Previous Year Figures

Previous Year's figures have been regrouped & rearranged wherever found necessary to confirm current year's classification.

Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker, in deciding how to allocate resources and assessing performance. The Company's chief operating decision maker is the Directors. The Company has functioned under a single line of operations and has not diversified business operations, so there is no separate business/geographical segment as per Ind AS 108, 'Operating Segments'.