(i ) Fair value hierarchy
This section explains the judgements and estimates made in determining the fair values of the financial instruments that are
(a) recognized and measured at fair value. To provide an indication about the reliability of the inputs used in determining fair
value, the Company has classified its financial instruments into the three levels prescribed under the accounting standard. An
explanation of each level follows underneath the table.
Level 1: Level 1 hierarchy includes financial instruments measured using quoted prices.
Level 2: The fair value of financial instruments that are not traded in an active market is determined using valuation
techniques which maximise the use of observable market data and rely as little as possible on entity-specific estimates. If all
significant inputs required to fair value an instrument are observable, the instrument is included in level 2.
Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3.
There are no transfers between levels 1 and 2 during the year.
The Company's policy is to recognise transfers into and transfers out of fair value hierarchy levels at the end of the reporting
period.
(ii) Valuation technique used to determine fair value
Specific valuation techniques used to value financial instruments include:
- the use of quoted market prices or dealer quotes for similar instruments
- the fair value of the remaining financial instruments is determined using discounted analysis(if any).
51 FINANCIAL RISK MANAGEMENT
The Company's Board of Directors has overall responsibility for the establishment and oversight of the Company's risk
management framework.
The Company's risk management policies are established to identify and analyse the risks faced by the Company, to set
appropriate risk limits and controls and to monitor risks. Risk management policies and systems are reviewed regularly to
reflect changes in market conditions and the Company's activities.
(A) Credit risk
Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its
contractual obligations, and arises principally from the Company's receivables from customers, loans and investments.
Credit risk is managed through continuous monitoring of receivables and follow up for overdues.
( i ) investments
The Company limits its exposure to credit risk by generally investing in liquid securities and only with counterparties
that have a good credit rating. The Company does not expect any losses from non-performance by these counter
parties, and does not have any significant concentration of exposures to specific industry sector or specific country
risks.
(ii) Trade Receivables
The Company has used Expected Credit Loss (ECL) model for assessing the impairment loss. For the purpose, the
Company uses a provision matrix to compute the expected credit loss amount. The provision matrix takes into
account external and internal risk factors and historical data to credit losses from various customers.
(B) Liquidity risk
Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial
liabilities that are settled by delivering cash or another financial asset. The responsibility for liquidity risk management rests
with the board of directors, which has established an appropriate liquidity risk management framework for the management
of the Company's short-term, medium-term and long-term funding and liquidity management requirements. The Company
manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously
monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities.
(i) Maturities of financial liabilities
The tables herewith analyse the Company's financial liabilities into relevant maturity groupings based on their
contractual maturities for:
The amounts disclosed in the table are the contractual undiscounted cash flows. Balances due within 12 months
equal their carrying balances as the impact of discounting is not significant.
(c) Market risk
(i) Price Risk
The company is mainly exposed to the price risk due to its investments in mutual funds. The price risk arises due to
uncertainties about the future market values of these investments. The above instruments risk are arises due to
uncertainties about the future market values of these investments.
Management Policy
The company maintains its portfolio in accordance with the framework set by the Risk management Policies.
(ii) Foreign Currency Risk
Market risk is the risk that changes in market prices - such as foreign exchange rates, interest rates and equity prices -
will affect the Company's income or the value of its holdings of financial instruments. The objective of market risk
management is to manage and control market risk exposures within acceptable parameters, while optimising the
return.
The risk is measured through a forecast of foreign currency for the Company's operations.
CAPITAL MANAGEMENT
52 RISK MANAGEMENT
For the purpose of the company's capital management, equity includes equity share capital and all other equity reserves
attributable to the equity holders of the Company. The Company manages its capital to optimise returns to the shareholders
and makes adjustments to it in light of changes in economic conditions or its business requirements. The Company's
objectives are to safeguard continuity, maintain a strong credit rating and healthy capital ratios in order to support its
business and provide adequate return to shareholders through continuing growth and maximise the shareholders value. The
Company funds its operation through internal accruals and through internal and external borrowings. The management and
Board of Directors monitor the return on capital as well as the level of dividends to shareholders.
53 OTHER DISCLOSURES AS REQUIRED AS PER SCHEDULE III OF THE COMPANIES ACT, 2013
(i) The Company do not have any Benami property, where any proceeding has been initiated or pending against The
Company for holding any Benami property.
(ii) The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory
period.
(iii) The Company have not traded or invested in Crypto currency or Virtual Currency during the year.
(iv) The Company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign
entities (Intermediaries) with the understanding that the Intermediary shall: 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 provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
(v) The Company have not received any fund from any person(s) or entity(ies), 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."
vi) The Company do not have any such transaction which is not recorded in the books of accounts and that has been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as,
search or survey or any other relevant provisions of the Income Tax Act, 1961)
vii) The company holds all the title deeds of immovable property in its name.
viii) The company is not declared as willful defaulter by any bank or financial Institution or other lender.
ix) There is no Scheme of Arrangement approved by the Competent Authority in terms of sections 230 to 237 of the
Companies Act, 2013.
x) Relationship with struck off companies
There are no relation with any struck off companies this year.
54 INFORMATION ON DIVIDEND FOR THE YEAR ENDED 31st MARCH, 2025
Dividends proposed or declared after the balance sheet date but before the financial statements have been approved by the
Board of Director for issue are not recognised as a liability at the balance sheet date.
The Board of Director recommended final dividend of Rs 1.00 per equity share for the financial year ended on 31st March,
2025. The payment is subject to approval of share holder in ensuing Annual General Meeting of the Company. (Previous year
Rs. 1 per equity share).
55 The Previous Year's figures haven been regrouped/reclassified, where necessary to confirm to current year's classification.
56 The financial statements has been prepared in absolute numbers and then converted into Lakhs to meet the presentation
requirement as per Companies Act, 2013 accordingly the variance on account of decimals rounding-off may exist.
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