> Contingent Liabilities

There is no contingent liability as informed by management.

> Capital Expenditure Commitments: Nil

> Related Party Transactions:-

As per Indian Accounting Standard (Ind AS -24) issued by the Institute of Chartered Accountants of
India, the disclosures of transactions with the related parties are given below:

List of related parties where control exists and related parties with whom transactions have
taken place and relationships:

> Earnings per Share:-

The earning considered in ascertaining the company's EPS comprises the profit available for
shareholders i.e. profit after tax and statutory/regulatory appropriations. The number of shares
used in computing Basic EPS is the weighted average number of shares outstanding during the
year as per the guidelines of IndAS-33.

> Details of loan made during the year 2024-25 as per section 186(4) of The Companies Act 2013

The particulars of loans given, investments made, guarantees given and securities provided along
with the purpose for which the loan or guarantee or security is proposed to be utilised as per the
provisions of Section 186 of the Act are provided in the standalone financial statements. (Please
refer to Notes to the standalone financial statements).

> Capital Management

The Company manages its capital to ensure that entities in the Company will be able to continue
as going concerns whilemaximizing the return to stakeholders through the optimization of the
debt and equity balance. The capital structure of theCompany consists of net debt (borrowings
offset by cash and bank balances) and total equity of the Company.

Fair value hierarchy

The following section explains the judgments and estimates made in determining the fair values of the
financial instruments that are recognized and measured at fair value through profit or loss. To provide an
indication about the reliability of the inputs used in determining fair value, the Company has classified its
financial investments into the three levels prescribed under the accounting standard. An explanation of
each level follows underneath the table.

Notes:

Level 1 hierarchy includes financial instruments measured using quoted prices (unadjusted) in active market
foridentical assets that the entity can access at the measurement date. This represents mutual funds that
have pricequoted by the respective mutual fund houses and are valued using the closing Net asset value
(NAV).

Level 2 hierarchy includes the fair value of financial instruments measured using quoted prices for identical
or similarassets in markets that are not active.

Level 3 if one or more of the significant inputs is not based on observable market data, the instrument is
included inlevel 3. This is the case for unlisted compound instruments.

There are no transfers between any of these levels during the year. The Company's policy is to recognize
transfersinto and transfers out of fair value hierarchy levels as at the end of the reporting period.

C.Fair value of financial assets and liabilities measured at amortized cost

The Management has assessed that fair value of loans, trade receivables, cash and cash equivalents, other
bankbalances, other financial assets and trade payables approximate their carrying amounts largely due to
their short term nature. Difference between carrying amount of Bank deposits, other financial assets,
borrowings and otherfinancial liabilities subsequently measured at amortized cost is not significant in each
of the years presented.

For financial assets and liabilities that are measured at fair value, the carrying amounts are equal to the fair
values.

> 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 board has established the Audit Committee, which is responsible
for developing and monitoring the Company's risk management policies. The Committee holds regular
meetings and report to board on itsactivities. The Company's risk management policies are established to
identify and analyses the risks faced by the Company, to set appropriate risk limits and controls and to monitor
risks and adherence to limits. Risk management policies and systems are reviewed regularly to reflect changes
in market conditions and the Company's activities. The Company, through itstraining and management
standards and procedures, aims to maintain a disciplined and constructive control environment in which all
employees understand their roles and obligations.The audit committee oversees how management monitors
compliance with the Company's risk management policies and procedures, and reviews the adequacy of the
risk management framework in relation to the risks faced by the Company. The audit committee is assisted in
its oversight role by internal audit. Internal audit undertakes both regular and ad hoc reviews of risk
management controls and procedures, the results of which are reported to the audit committee.

(a) Credit risk

Credit risk is the risk of financial loss to the company if a customer or counterparty to a financial instrument
fails tomeet its contractual obligations. The company is exposed to the credit risk from its trade receivables,
unbilledrevenue, investments, cash and cash equivalents, bank deposits and other financial assets. The
maximum exposureto credit risk is equal to the carrying value of the financial assets. The objective of
managing counterparty credit risk isto prevent losses in financial assets.

Trade Receivables

Trade receivables comprise a widespread customer base. Management evaluates credit risk relating to
customers on an on-going basis. If customers are independently rated, these ratings are used. Otherwise, if
there is no independent rating, risk control assesses the credit quality of the customer, taking into account
its financial position, past experience and other factors

(b) Liquidity risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with
itsfinancial liabilities that are settled by delivering cash or another financial asset. The Company's approach
tomanaging liquidity is to ensure, as far as possible, that it will have sufficient liquidity to meet its liabilities
when they aredue, under both normal and stressed conditions, without incurring unacceptable losses or
risking damage to theCompany's reputation.

Liquidity Table

The Company's remaining contractual maturity for its non-derivative financial liabilities with agreed
repaymentperiods is given below. The tables have been drawn up based on the undiscounted cash flows of
financial liabilitiesbased on the earliest date on which the Company can be required to pay. The tables
include both interest andprincipal cash flows. The contractual maturity is based on the earliest date on
which the Company may be requiredto pay.

(c) Market Risk

Market risk is the risk arising from changes in market prices - such as foreign exchange rates and interest
rates - willaffect the Company's income or the value of its holdings of financial instruments. The Company is
exposed to market risk primarily related to interest rate risk and themarket value of the investments. Thus,
the exposure to market risk is a function of investing and borrowing activities

- Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will
fluctuate because of changes in market interest rates.

Most of the Company's borrowings are on a floating rate of interest. The Company has exposure to
interestrate risk, arising principally on changes in Marginal Cost of Funds based Lending Rate (MCLR).
The Companyuses a mix of interest rate sensitive financial instruments to manage the liquidity and
fund requirements for itsday to day operations like short term credit lines besides internal accruals.

The exposures of the Company's financial assets / liabilities at the end of the reporting period are as
follows:

(d) Price Risk
Exposure

The Company's exposure to securities price risk arises from investments held in mutual funds and classified
inthe balance sheet at fair value through profit or loss. To manage its price risk arising from such
investments, theCompany diversifies its portfolio. Further these are all debt base securities for which the
exposure is primarilyon account of interest rate risk. Quotes (NAV) of these investments are available from
the mutual fund houses.Profit for the year would increase/decrease as a result of gains/losses on these
securities classified as at fairvalue through profit or loss.

> Others

- Balance Sheet is still carrying Opening Balance of "P & P Expenses and issue related expensesofRs.
3.66/-(In Lakhs) as "Other Current Assets", which in our opinion needs to be writtenoff in Two Financial
Years proportionately. And Due to the same expense isunder stated in profit & loss account.

- Balance of sundry debtors and creditors, loans and advances accepted and given in the balance sheet
are subject to confirmation.

- As informed by the management that the loans are interest free, which in our opinion is violation of
Section 186 (7) of the Companies Act, 2013.

- Above Disclosure is made after taking into account the principle of materiality.

- In the events of non-availability of suitable supporting vouchers, Directors have given us certificate that
these expenses are incurred mainly for the business activities of the company.

- The previous year's figures have been reworked, regrouped, rearranged and reclassified wherever
necessary. Amounts and other disclosures for the preceding year are included as an integral part of the

For, Vivanza Biosciences Limited

For, SHIVAM SONI & Co.

Chartered Accountants
FRN: 152477W

Parikh H.A. Girish Bhatt Jainil Bhatt CA Shivam Soni

Director Director CFO Proprietor

DIN: 00027820 DIN:02207645 Memberships No. 178351

UDIN: 25178351BMIRIN5198

Siddhi Shah

Company Secretary
Place: Ahmedabad
Date:12/05/2025