b. Terms/rights attached to equity

The company has only one class of equity shares having par value ofRs. 10 per share. Each holder of equity shares is entitled to one vote per share, in the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

(*) Under working Capital Loans, Company have 3 working capital credit limit running with ICICI Bank, Kotak Mahindra Bank and Yes Bank respectively.

During the year, the existing credit facilities running with HDFC bank has been taken over by the Kotak Mahindra Bank and Company has been sanctioned fresh credit facilities by Kotak Mahindra Bank to the extent of Rs. 2522.00 Lakh (comprising of Term Loan of Rs. 22.00 Lakh, cash credit of Rs. 400.00 lakh and Non Fund Base facility including bank guarantee of Rs. 2100.00 lakhs).

Further, The company has been availing overdraft facility of Rs. 190.00 lakhs with ICICI Bank against the Fixed Deposit worth 200.00 Lakh pleadged with same branch.

Further, The Company has been availing overdraft facility of Rs. 320.95 Lakh from Yes Bank against the Fixed Deposit pleadged wth the Bank.

Outstanding Litigation pending against the company under the section 154 for the Assessment Year 2023 demanding a total liability against the company of Rs. 62,64,800 and interest Rs. 3,75,888. Response is filed but awaiting for the response from the IT Order issued under section 73 of the CGST Act, 2017 have been issued to the company for the year 2017-2018 dated 23-12-2023 demanding a total liability of Rs. 7,76,168. Appeal against the same have been filed by the company on 26-03-2024.

Order issued under section 73 of the Act have been issued to the company for the year 2017-2018 dated 23-12-2023 demanding a total liability of Rs. 21,49,769. Appeal against the same have been filed by the company on 26-03-2024.

Order issued under section 73 of the Act have been issued to the company for the year 2019-2020 dated 17-08-2024 demanding a total liability of Rs. 1,60,82,195. Appeal will be filed in consultation with our legal counsel and tax consultants.

Order issued under section 73 of the Act have been isssued to the company for the year 2019-2020 dated 24-08-2024 demanding a total liability of Rs. 5,30,742. Appeal will be filed in consultation with our legal counsel and tax consultants.

Note 28: Segment Reporting Segment Reporting:

The Company is engaged primarily in the business to construct, execute, carry out, develop civil constructional work and to carry on the business of drilling & blasting pipe jacking. Accordingly, there are two separate reportable segments i.e. Hiring business and Job Work business as per Accounting Standard 17 - "Segment Reporting". Hence, the details of reportable segments for the Year 2024 and 2023 are as follows:

Note 33: Additional regulatory information not disclosed elsewhere in the financials stateme

(a) 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.

(b) The Company has not been declared a 'Wilful Defaluter' by any bank or financial institution (as defined under the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful defaulter issued by Reserve Bank of India.

(c) The Company does not have any transactions with companies struck off.

(d) The Company has complied with the number of layers of companies prescribed under the Companies Act, 2013.

(e) The Company has not entered into any scheme of arrangement which has an accounting impact on current or previous financial year.

(f) The Company does not have any charges or satisfaction which is yet to be registered with Registrar of Companies (ROC) beyond the statutory period.

(g) The Company has not advanced or loaned or invested funds to any other persons or entities, including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

(a) 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

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

The Company has not received any fund from any persons or entities, including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries __

(h) The Company does not have any such transaction which is not recorded in the books of

accounts that has been surrendered or disclosed as income during the year in the tax Ixf assessments under the Income Tax Act, 1961 (such as, search or survey or any other relev^gO^ provisions of the Income Tax Act, 19611 _x

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

0) The Company has not revalued its property, plant and equipment (including right-of-use assets) or intangible assets or both during the current or previous year.

Note 34:

The previous year figures have been regrouped/reclassified, wherever necessary to conform to the current year's presentation.