TERMS / RIGHTS ATTACHED TO EQUITY SHARES

The Company has only one class of equity shares having a par value of K 10 each. Each holder of equity shares is entitled to one vote per share.

In the event of liquidation of the Company, the holder 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.

At the beginning of the year company has 2,77,778 equity shares of K 10/- each. During the year the company has issued 34,778 Equity shares of K 10/- each fully paid under preferential issue. Further during the Year company has issued 53,13,452 bonus shares in the ratio of 17:1(17 bonus shares for every 1 share held).

During the year company has issued 20,50,000 equity shares of K 10/- each fully paid under IPO on BSE-SME Exchange. The total equity share capital at the end of the year is K 767.60 Lakhs divided into 76,76,008 Equity shares of ^10/- each fully paid-up.

DETAILS OF CONVERTIBLE SECURITIES:

The company has not issued any securities convertible into equity or preference shares.

DETAILS OF SHARES RESERVED FOR EMPLOYEES STOCK OPTIONS:

The company has not reserved any shares for employee's stock options.

ADDITIONAL DISCLOSURE FOR EACH CLASS OF SHARE CAPITAL FOR 5 YEARS PRECEDING TO THE DATE OF BALANCE SHEET:

During last 5 years the company has not issued any shares pursuant to contracts without payment being received in cash for any class of share capital except Bonus Equity shares.

SHARE HOLDERS HOLDING MORE THAN 5 % EQUITY SHARES IN THE COMPANY

As per records of the Company, including its register of shareholders / members and other declarations received from shareholders regarding beneficial interest, the above shareholding represents both legal and beneficial ownerships of shares.

The company has no holding company.

SECRUTIES PREMIUM

During the financial years 2024-2025, the company issued 20,84,778 fully paid-up equity shares of K 10 each at a premium, respectively. Additionally, in the financial year 2024-2025, the company issued 53,13,452 bonus shares.

TRADE PAYABLES:

SUNDRY CREDITORS COVERED UNDER MSMED ACT. 2006 :

Trade Payables covered under MSMED Act, 2006 are those creditors who are outstanding at the balance sheet date. Out of which creditors due for more than 45 days as on the balance sheet date are K 23.40 Lakhs 51.89 Lakhs). The company has provided interest of ^ 1.15 lakhs on the same as per the provisions of MSMED Act, 2006.

Amount due to Micro, Small and Medium Enterprises as on 31^s* March, 2025 (31^s* March, 2024) are disclosed on the basis of information available with the Company regarding status of the suppliers is as

PROPERTY, PLANT AND EQUIPMENT:

a) There is no intent to sale any of the Property, Plant and Equipment held by the company and hence there is no Property, Plant and Equipment held for disposal.

b) All the Property, Plant and Equipment purchased during the year were put to use before 31^s1 March 2025

c) There is no lease hold Property, Plant and Equipment held by the company during the year under reporting and in the preceding year.

d) During the year, there is no change in amount of the Property, Plant and Equipment due to business combination, revaluation and other adjustments.

e) During the year, the Company has not hold any Benami property as defined under the Benami Transactions (prohibition) Act, 1988.

Capital work-in-progress:

1. Intangible assets under development is related to Software.

2. The company does not have any capital-work-in progress whose completion is overdue or has exceeded its cost compared to its original plan.

3. There is no intent to sell any of the intangible assets held by the company and hence there is no intangible assets held for disposal.

4. During the year, there is no change in amount of the Intangible Asset due to business combination, revaluation and other adjustments.

Sundry debtors are trade receivables which are due in respect of various work carried out on contractual basis in the normal course of the business. The debtors outstanding for more than 6 months are those debtors which are outstanding for more than 6 months from the date they are due for payment but all of them are good as reviewed by the management and hence no provisions for doubtful debts have been made.

The balance appearing in ICICI bank Escrow Account is the Amount of IPO proceeds of the company. The closure date of IPO was 26th March, 2025 and date of allotment was 27th March, 2025. Since, the amount of IPO proceeds are received in bank account at the year end therefore the same has not been utilised for the objects for which the IPO was made till the year end.

PURCHASE:

PURCHASES ARE RECORDED NETOFF I.E. PURCHASES LESS PURCHASE RETURN IF ANY. PURCHASES ARE RECOREDED EXCLUSIVE OF GST

INVENTORIES:

OPENING AND CLOSING INVENTORY ARE RECORDED EXCLUSIVE OF GST.

32. Qperotinq leases:

Premises

The Company has taken premises under cancellable operating leases. During the year company has paid Rs.43.78 Lakhs (Rs. 51.92 Lakhs) rent under cancellable operating leases.

The company has not entered into any lease agreements with any person during the year whereby any operating lease incomes are generated. The company has not acquired any fixed assets under finance lease / operating lease agreements during the year.

Since the company has not issued any convertible preference shares or convertible debentures, the diluted EPS is same as that of Basic EPS.

34. Segmental Reporting:

The company is engaged in providing infrastructure and maintenance services to various companies in respect of city gas distribution and water distribution on contractual basis which is the only business activity carried out by the company during the year. Therefore, no separate operating business segment is identifiable. The company has carried out the work as per the orders of the customers of different location during the continuation of the work. Therefore, there is no identifiable geographical segment in view of the provisions of AS 1 7 Segment Reporting. Therefore, no segment reporting is given.

35. Defined Contribution Plan:

Defined Benefit Plans/ Obligation (DBO):

The Company operates a defined benefit plan (the Gratuity plan) covering eligible employees, which provides a lump sum payment to vested employees at retirement, death, incapacitation or termination of employment, of an amount based on the respective employee's salary and the tenure of employment.

The Company has a defined benefit gratuity plan (unfunded) and is governed by the Payment of Gratuity Act, 1 972. Under the Act, every employee who has completed at least five years of service is entitled to gratuity benefits on departure at 1 5 days salary (last drawn salary) for each completed year of service. The scheme is unfunded.

37. Cash Flow Statement:

Cash flows are reported using the indirect method, whereby net profits before tax is adjusted for the effects of transactions of a non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash flows from regular revenue generating, investing and financing activities of the company are segregated.

38. Based on the information available with the company, the company has total dues of 153.75 Lakhs (1 16.45 Lakhs) as on March 31, 2025 (March 31, 2024) to MSMEs registered under the Micro, Small and medium Enterprises Development Act, 2006. Out of the same 23.40 Lakhs (51.89 Lakhs) are outstanding at the year-end for more than 45 days on which interest of 1.15 lakhs has been provided as prescribed under MSMED Act, 2006.

39. Disclosure required U/S. 186(4) of The Companies Act, 2013:

For details of loans and guarantees given to and given by related parties, refer Note no. 36.

40. During the year, the company is not covered in section 135 of Companies Act, 2013 and hence the CSR Rules are not applicable to the company.

41. The Code on Social Security, 2020:

The Code on Social Security 2020 ('Code') has been notified in the Official Gazette on September 29, 2020. The Code is not yet effective and related rules are yet to be notified. Impact if any of the change will be assessed and recognized in the period in which the said Code becomes effective and the rules framed thereunder are notified.

Note: The Company has filed an appeal before the Appellate authorities in respect of the disputed matter under the Goods and Service Tax Act, 201 7 and the appeals are pending with the appellate authority. Considering the facts of the matters and other legal pronouncements of jurisdictional HC, no provision is considered necessary by the management because the management is hopeful that the matter would be decided in favour of the Company in the light of the legal advice obtained by the company. The amount is shown as Contingent liabilities not provided for.

43. Additional information pursuant to the provisions of Schedule HI of The Companies Act, 2013:

a. Title deeds of Immovable Property not held in name of the Company

During the year, the company has not owned any immovable properties whose title deeds are not held in the name of the company.

b. During the year, company has not revalued any Property, Plant and Equipment.

c. Details of Benami Property held and the proceedings under the Benami Transactions (Prohibition) Act, 1988 and Rules made thereunder:

During the year, there is no such proceedings have been initiated or pending as on the date of balance sheet, against the company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 and Rules made thereunder.

d. Borrowings on security of current asset

During the year, the Company has been sanctioned working capital limits from banks and financial institutions. The company is not required to submit quarterly returns / statements with such banks / financial institutions.

e. During the year, the company was not declared as wilful defaulter by any bank or financial Institution or other lender.

f. Based on the information available with the Company, there are no transactions with struck off companies.

g. Registration of charges or satisfaction with Registrar of Companies

All the charges or satisfactions are duly registered with registrar of companies.

h. The Company has no subsidiaries or holding company and hence the provisions of clause (87) of section 2 of the Companies Act, 2013 read with the Companies (Restriction on number of Layers) Rules, 201 7 (as amended) are not applicable.

i. The company does not have any such transactions which are not recorded in the books of account that has been surrendered or disclosed as income during the year in the tax assessment under the Income Tax Act, 1961 (such as search or survey or any other relevant provisions of The Income Tax Act, 1961).

k. During the year, no scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

l. A) No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the company to or in any other person(s) or entity (ies), including foreign entities ("intermediaries") with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the Company (Ultimate Beneficiaries).

B) The company has not received any fund from any party(s) (Funding Party) with the understanding that the Company shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the funding party ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

r. Undisclosed Income

During the year, there are no transactions which are not recorded in the books of accounts that has been surrendered or disclosed as income in the Tax Assessment under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income-tax Act, 1961).

s. Details of Crypto Currency or Virtual Currency

During the year, the company has not traded or invested in any Crypto Currency or Virtual Currency and hence not applicable.

44. Events occurring after the Balance sheet date:

The company evaluates events and transactions that occur subsequent to the balance sheet date but prior to approval of the Financial Statements to determine the necessity for recognition and/or reporting of any of these events and transactions in the Financial Statements. As of May 09, 2025, there are no subsequent events to be recognized or reported except disclosed above in the relevant notes.

45. Approval of the Financial Statements:

The Financial Statements were approved for issue by the Board of Directors on May 09, 2025.

46. Accounting policies not specifically referred to otherwise are consistent and in consonance with the generally accepted accounting policies. (GAAP)

47. The previous year's figures have been regrouped or reclassified wherever necessary to confirm with the current year's presentation.