xv. Provisions, contingent liabilities and contingent assets

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is
probable that the Company will be required to settle the obligation, and a reliable estimate can be made of the amount of the
obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the
end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. When a provision is
measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash
flows (when the effect of the time value of money is material).

Contingent assets are disclosed in the Financial Statements by way of notes to accounts when an inflow of economic benefits
is probable.

Contingent liabilities are disclosed in the Financial Statements by way of notes to accounts, unless possibility of an outflow of
resources embodying economic benefit is remote.

Product warranty expenses

The estimated liability for product warranties is recorded when products are sold. These estimates are established using historical
information on the nature, frequency and average cost of warranty claims and management estimates regarding possible future
incidences based on actions on product failures. The timing of outflows will vary as and when warranty claim will arise, being
typically up to five years.

xiv. Financial instruments

A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument
of another entity. Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual
provisions of the instruments.

Financial assets and financial liabilities are initially measured at fair value except trade receivables which are initially measured
at transaction price. T ransaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities
(other than financial assets and financial liabilities at fair value through the Statement of Profit and Loss) are added to or deducted
from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly
attributable to the acquisition of financial assets or financial liabilities at fair value through the Statement of Profit and Loss are
recognised immediately in the Statement of Profit and Loss.

xv. Financial assets

All recognised financial assets are subsequently measured in their entirety at either amortised cost or fair value, depending on
the classification of the financial assets.

(a) Financial assets at amortised cost

Financial assets having contractual terms that give rise on specified dates to cash flows that are solely payments of principal
and interest on the principal outstanding and that are held within a business model whose objective is to hold such assets
in order to collect such contractual cash flows are classified in this category. Subsequently, these are measured at amortized
cost using the effective interest method less any impairment losses.

(b) Equity investments at fair value through other comprehensive income:

Financial assets are measured at fair value through other comprehensive income (FVTOCI) if these financial assets are
held within a business whose objective is achieved by both collecting contractual cash flows and selling financial assets
and the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal
and interest on the principal amount outstanding. These include financial assets that are equity instruments and are
irrevocably designated as such upon initial recognition. Subsequently, these are measured at fair value and changes therein
are recognized directly in other comprehensive income, net of applicable income taxes.

Dividends from these equity investments are recognized in the Statement of Profit and Loss when the right to receive
payment has been established.

When the equity investment is derecognized, the cumulative gain or loss in equity is transferred to retained earnings.

(c) Financial assets at fair value through profit or loss

Financial assets are measured at fair value through Profit or Loss (FVTPL) unless they are measured at amortised cost
or at fair value through other comprehensive income on initial recognition. The transaction costs directly attributable to the
acquisition of financial assets at fair value through Profit or Loss are immediately recognised in the Statement of Profit and
Loss.

(d) Impairment of financial assets

The Company assesses at each balance sheet date whether a financial asset or a group of financial assets is impaired.
Ind AS 109 requires expected credit losses to be measured through a loss allowance. The Company recognises lifetime
expected losses for trade receivables that do not constitute a financing transaction. For all other financial assets, expected
credit losses are measured at an amount equal to 12 month expected credit losses or at an amount equal to lifetime expected
losses, if the credit risk on the financial asset has increased significantly since initial recognition.

(e) Derecognition of financial assets

The Company derecognises a financial asset when the contractual rights to the cash flows from the asset expire or when
it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another party. On
derecognition of a financial asset in its entirety (except for equity instruments designated as FVTOCI), the difference between

the asset's carrying amount and the sum of the consideration received and receivable is recognised in the Statement of
Profit and Loss.

xvi. Financial liabilities and equity instruments

Debt and equity instruments issued by Company are classified as either financial liabilities or as equity in accordance with the
substance of the contractual arrangements and the definitions of a financial liability and an equity instrument.

(a) Financial liabilities

Financial liabilities that are not held for trading and are not designated as at FVTPL are measured at amortised cost at the
end of subsequent accounting periods. The carrying amounts of financial liabilities that are subsequently measured at
amortised cost are determined based on the effective interest method. Interest expense that is not capitalised as part of
costs of an asset is included in the 'Finance costs'.

(b) Equity instruments

An equity instrument is any contract that evidences residual interests in the assets of the Company after deducting all of
its liabilities. Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs.

(c) Derecognition of financial liabilities

The Company derecognises financial liabilities when and only when the Company's obligations are discharged, cancelled
or have expired. The difference between the carrying amount of the financial liability derecognised and the consideration
paid and payable is recognised in the Statement of Profit and Loss.

xvii. Segment Reporting

Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker
(CODM) of the Company. The CODM is responsible for allocating resources and assessing performance of the operating
segments of the Company.

xviii. Statement of cash flows:

Cash flows are reported using the indirect method, whereby profit before tax is adjusted for the effects of transactions of a non¬
cash nature, any deferrals or accruals of past or future operating cash receipts or payments and item of income or expenses
associated with investing or financing cash flows. The cash flows are segregated into operating, investing and financing activities.

xix. Earnings per share

Basic earnings per share has been computed by dividing profit for the year by the weighted average number of shares outstanding
during the year. Partly paid-up shares are included as fully paid equivalents according to the fraction paid up. Diluted earnings
per share has been computed using the weighted average number of shares and dilutive potential shares, except where the
result would be anti-dilutive.

> CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the Company accounting policies, which are described in note no. 4, the management of the Company is required
to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from
other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered
to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in
the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if
the revision affects both current and future periods.

(i) Critical judgments in applying accounting policies

The following are the areas of estimation uncertainty and critical judgements that the management has made in the process of
applying the Company's accounting policies and that have the most significant effect on the amounts recognised in the standalone
financial statements:-

(a) Evaluation of indicators for impairment of property, plant and equipment

The evaluation of applicability of indicators of impairment of assets requires assessment of external factors (significant decline
asset's value, economic or legal environment, market interest rates etc.) and internal factors (obsolescence or physical
damage of an asset or poor economic performance of the asset etc.) which could result in significant change in recoverable
amount of the Property, Plant and Equipment.

(ii) Assumptions and key sources of estimation uncertainty

(a) Assets and obligations relating to employee benefits

The employment benefit obligations depends on a number of factors that are determined on an actuarial basis using a
number of assumptions. The assumptions used in determining the net cost/ (income) include the discount rate, inflation
and mortality assumptions. Any changes in these assumptions will impact upon the carrying amount of employment benefit
obligations.

(b) Useful lives of depreciable assets

Management reviews the useful lives of depreciable assets at each reporting period. As at March 31, 2026 management
assessed that the useful lives represent the expected utility of the assets to the Company.

(c) Estimation of provision for warranty

Management estimates the related provision for future warranty claims based on certain percentages of revenue. The
provision is based on historical information on the nature, frequency and average cost of warranty claims. Management
also estimates regarding possible future outflow on servicing the customers for any corrective action in respect of product
failure which is generally expected to be settled within a period of 1 to 5 years.The assumptions made in relation to the
current period are consistent with those in the prior year. Factors that could impact the estimated claim information include
the success of the Company's productivity and quality initiatives.

(d) Provision for price differences

The company recognises price difference payable to parties, where settlement is pending for final negotiation. It is provided
on the basis of best estimate and management assessments, considering the past trades and various other factors. This
provisions are reviewed on regular basis and adjusted with respective elements with statement of profit and loss from the
adequacy and reasonability point of view.

Revenue is measured by the Company at the transaction price i.e. amount of consideration received/receivable from its
customers. In determining the transaction price for the sale of products, the Company considers the effects of various factors
such as volume-based discounts, price adjustments to be passed on to the customers based on various parameters like
negotiations based on savings on materials / share of business, rebates etc provided to the customers. The Company's
business also requires passing on these credits related to price adjustments and others to the customers for the sales
made by the Company. The Company, at the year end, has provided for such price adjustments to be passed on to the
customers based on agreed terms, negotiations undertaken, commercial considerations and other factors. This requires
significant judgement and estimate in calculating the price adjustments to be recorded as at the year end.

(e) Provision for slow moving and obsolete items in Inventory valuation

Inventories are measured at the lower of cost and net realizable value. Write-down of inventories are calculated based on
an analysis of foreseeable changes in demand, technology or market conditions to determine obsolete or excess
inventories.

(f) Identification of leases, duration and value

The Company evaluates if an arrangement qualifies to be a lease as per the requirements of Ind AS 116. Identification of
a lease requires significant judgment. The Company uses significant judgement in assessing the lease term (including
anticipated renewals) and the applicable discount rate.

The Company determines the lease term as the non-cancellable period of a lease, together with both periods covered by
an option to extend the lease and to terminate the lease if the Company is reasonably certain not to exercise that option.
In assessing whether the Company is reasonably certain to exercise an option to extend a lease or not to exercise an
option to terminate a lease, it considers all relevant facts and circumstances that create an economic incentive for the
Company to exercise the option to extend the lease or not to exercise the option to terminate the lease. The Company revises
the lease term if there is a change in the non-cancellable period of a lease.

The discount rate is rate of interest that the Company would have to pay to borrow over a similar term and with a similar
security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment.

Notes:

(i) The Company has elected to continue with the carrying value of its Property Plant & Equipment (PPE) recognised as of April 1,2016 (transition
date) measured as per the Previous GAAP and used that carrying value as its deemed cost as on the transition date as per Para D7AA of Ind
AS 101.

(ii) For details of property, plant and equipment pledged as security to lenders, refer Note No. 25

(iii) The aggregate depreciation charge for the year has been included under depreciation and amortisation expense in the Statement of Profit and Loss,
refer Note No. 44.

(iv) Contractual obligations: Refer to note 47 for disclosure on contractual commitments for the acquisition of property, plant and equipment.

(v) The company has not revalued its Property, Plant and Equipment during the year.

(iii) Income tax

The Company is involved in tax disputes amounting to '412.46 (as at March 31, 2025'434.88) Lakhs relating to Income
Tax. This mainly relate to the disallowance under section 14A and Domestic Transfer Pricing of the Income Tax Act, 1961
and interest thereon which is pending at Appellate level.

The contingent liability relating to “Income Tax” amounting ' 434.88 lakhs as at March 31, 2025 was inadvertently disclosed
as ' 230.88 lakhs.

(iv) Excise duty

The Excise Authorities had denied a CENVAT credit amounting to ' 29.38 Lakhs and imposed a penalty of ' 29.38 Lakhs
for a period between June, 2008 to March, 2009 (' 29.38 Lakhs and ' 29.38 Lakhs CENVAT credit and penalty
respectively at March 31, 2025) in respect of CENVAT credit availed on supplementary invoices raised by the Customer
on account of material supplied by them. The Company is contesting the show cause notice.

(v) Sales tax

The total sales tax demands (including interest and penalty), that are being contested by the Company amount to ' 33.22
(as at March 31, 2025'33.22) Lakhs. The details of the demands are as follows:

The Sales Tax authorities have denied input tax credit and levied interest and penalty thereon due to varied reasons
aggregating to ' 33.22 (as at March 31, 2025'33.22) Lakhs. The reasons for disallowing credit was mainly due to
not allowing set off of taxes on LPG Gas and other materials used in manufacturing and also not allowing full deduction
of taxes paid. Further, there is levy of purchase tax on purchase of LPG Gas. The matter is contested in appeal.

(vi) Goods and Service Tax

The Company is involved in tax disputes amounting to ' 3,124.89 (as at March 31, 2025'1960.21) Lakhs relating to
GST. This mainly relate to the ITC disallowance and others and interest thereon which is pending at Appellate level.

49 EMPLOYEE BENEFITS

(a) Defined contribution plans

Contributions to defined contribution plan are recognized as expenses when contributions become due.

The Company participates in a number of defined contribution plans on behalf of relevant personnel. Any expense recognized
in relation to these schemes represents the value of contributions payable during the period by the Company at rates specified
by the rules of those plans. The only amounts included in the balance sheet are those relating to the prior months contributions
that were not due to be paid until after the end of the reporting period. The major defined contribution plans operated by the
Company are as below:

(i) Provident fund and pension

In accordance with the Employee's Provident Fund and Miscellaneous Provisions Act, 1952 eligible employees of the
Company are entitled to receive benefits in respect of provident fund, a defined contribution plan, in which both employees
and the Company make monthly contributions at a specified percentage of the covered employees' salary.

(ii) Superannuation fund

The Company has a superannuation plan for the benefit of its employees. Employees who are members of the defined
benefit superannuation plan are entitled to benefits depending on the years of service and salary drawn.

Separate irrevocable trusts are maintained for employees covered and entitled to benefits. The Company contributes up
to 10% of the eligible employees' salary to the trust every year. Such contributions are recognized as an expense as and
when incurred. The Company does not have any further obligation beyond this contribution.

(i) Gratuity

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 scheme is funded with the Life Insurance Corporation
of India in form of a Group Gratuity Policy. The gratuity plan is governed by the Payment of Gratuity Act, 1972 up to
November 20, 2025. The level of benefits provided depends on the member's length of service and salary at retirement
age. The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four
Labour Codes -The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and
The Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as “the Labour Codes”). These
codes have been made effective from November 21, 2025 and the corresponding supporting central rules have been notified
from May 8, 2026.The most recent actuarial valuation of the plan assets and the present value of the defined benefit obligation
were carried out as at March 31, 2026 by a member firm of the Institute of Actuaries of India. The present value of the
defined benefit obligation, and the related current service cost and past service cost, were measured using the projected
unit credit method. Each year, the Company reviews the level of funding in gratuity fund. The Company decides its
contribution based on the results of its annual review.

This plan typically expose the Company to actuarial risks such as: actuarial risk, investment risk, liquidity risk, market risk
and legislative risk.

(I) Actuarial Risk:

It is the risk that benefits will cost more than expected. This can arise due to one of the following reasons:Adverse Salary Growth
Experience: Salary hikes that are higher than the assumed salary escalation will result into an increase in Obligation at a rate
that is higher than expected. Variability in mortality rates: If actual mortality rates are higher than assumed mortality rate assumption
then the Gratuity Benefits will be paid earlier than expected. Since there is no condition of vesting on the death benefit, the
acceleration of cashflow will lead to an actuarial loss or gain depending on the relative values of the assumed salary growth and
discount rate.Variability in withdrawal rates: If actual withdrawal rates are higher than assumed withdrawal rate assumption then
the Gratuity Benefits will be paid earlier than expected. The impact of this will depend on whether the benefits are vested as at
the resignation date.

(ii) Investment risk

The present value of the defined benefit plan liability is calculated using a discount rate determined by reference to the market
yields on government bonds denominated in Indian Rupees. If the actual return on plan asset is below this rate, it will create
a plan deficit. However, the risk is partially mitigated by investment in LIC managed fund.

(III) Market Risk:

A decrease in the bond interest rate will increase the plan liability. However, this will be partially offset by an increase in the return
on the plan's debt investments.

(IV) Liquidity Risk:

The present value of the defined benefit plan liability is calculated by reference to the best estimate of the mortality of plan participants
both during and after their employment. An increase in the life expectancy of the plan participants will increase the plan's liability.

(V) Legislative Risk:

The present value of the defined benefit plan liability is calculated by reference to the future salaries of plan participants. As such,
an increase in the salary of the plan participants will increase the plan's liability.

50 SEGMENT REPORTING

The Company's operations falls under single segment namely “Manufacturing of Auto Components”, taking into account the risks and
returns, the organization structure and the internal reporting systems. The board of directors of the Company, which has been identified
as being the chief operating decision maker (CODM), evaluates the Company's performance, allocates resources based on the
analysis of the various performance indicators of the Company as a single unit. Therefore, there is no reportable segment for the
Company as per the requirement of IND AS 108 “Operating Segments”.Segment revenue from “Manufacturing of Auto Components”
represents revenue generated from external customers which is attributable to the Company's country of domicile i.e. India and external
customers outside India as under:

51 The Company did not have any long term contracts including derivative contracts for which there were any material foreseeable losses.

52 FINANCIAL INSTRUMENT DISCLOSURE
(a) Capital management

The Company's capital management is intended to create value for shareholders by facilitating the meeting of long term and short
term goals of the Company, safeguard their ability to continue as a going concern, so that they can continue to provide returns
for shareholders and benefits for other stakeholders, and maintain an optimal capital structure to reduce the cost of capital.

The Company determines the amount of capital required on the basis of annual business plan coupled with long term and short
term strategic investment and expansion plans. The funding needs are met through equity, cash generated from operations, long
term and short term bank borrowings.

The Company monitors capital using a ratio of net debt to equity. For this purpose, net debt is defined as liabilities, comprising
interest-bearing loans less cash and cash equivalents, other bank balances (including earmarked balances) and current
investments. Equity comprises all components of equity.

(b) Disclosures

This section gives an overview of the significance of financial instruments for the Company and provides additional information
on balance sheet items that contain financial instruments.

The details of material accounting policies information, including the criteria for recognition, the basis of measurement and the
basis on which income and expenses are recognized in respect of each class of financial asset, financial liability and equity
instrument are disclosed in Note 4(xiv),(xv) and (xvi).

(ii) Fair value measurement

This note provides information about how the Company determines fair values of various financial assets and liabilities.

Fair value measurements under Ind AS are categorized as below based on the degree to which the inputs to the fair value
measurements are observable and the significance of the inputs to the fair value measurement in its entirety:

• Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the company can access
at measurement date;

• Level 2 inputs are inputs, other than quoted prices included in level 1, that are observable for the asset or liability, either
directly or indirectly; and

• Level 3 inputs are unobservable inputs for the valuation of assets/liabilities.

(iii) Financial risk management objectives

The Company's principal financial liabilities comprises of loans and borrowings, trade and other payables. The main purpose
of these financial liabilities is to finance the Company's operations. The Company's principal financial assets include mutual funds,
trade and other receivables, and cash and cash equivalents that derive directly from its operations. The Company is exposed
to market risk (including currency risk, interest rate risk and other price risk), credit risk and liquidity risk. The Company's senior
management oversees the management of these risks. The senior management ensures that the Company's financial risk
activities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed
in accordance with the Company's policies and risk objectives. The Company does not enter into or trade financial instruments,
including derivative financial instruments, for speculative purposes. The Board of Directors reviews and agrees policies for
managing each of these risks, which are summarized below.

(a) Market 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 instrument. The objective of market risk management
is to manage and control market risk exposures within acceptable parameters while optimizing the return. The major
components of market risk are foreign currency risk, interest rate risk and price risk.

(I) Foreign currency risk

Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes
in foreign exchange rates. The Company undertakes transactions denominated in foreign currencies; consequently, exposures
to exchange rate fluctuations arise.

(II) 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. The Company's main interest rate risk arises from the long term borrowings. The Company's
borrowings are carried at amortized cost.

The Company invests the surplus fund generated from operations in mutual funds. Considering these mutual funds are short
term in nature, there is no significant interest rate risk.

The Company has laid policies and guidelines including tenure of investment made to minimize impact of interest rate risk.
For the year ended March 31, 2026 every 50 basis point decrease in the floating interest rate component applicable to its
borrowings would decrease the Company's interest cost by approximately ' 26.01 Lakhs (PY ' 18.73 Lakhs) on a yearly
basis. A 50 basis point increase in floating interest rate would have led to an equal but opposite effect.

(III) Price risk

The Company has deployed its surplus funds into units of mutual fund. The Company is exposed to NAV (net asset value)
price risks arising from investments in these funds. The value of these investments is impacted by movements in liquidity
and credit quality of underlying securities.

NAV price sensitivity analysis

The sensitivity analyses below have been determined based on the exposure to NAV price risks at the end of the reporting
period. If NAV prices had been 1% higher/lower:

Profit for the year ended March 31, 2026 would increase/decrease by ' 116.33 Lakhs (for the year ended March 31, 2025:
increase/decrease by ' 128.71 Lakhs).

(IV) Commodity Price Risk:

The Company is affected by the price volatility of certain commodities. Its operating activities require the ongoing purchase
and manufacture of automotive parts. The Company does not enter into commodity derivative contracts for hedging purposes/
enters into commodity hedging contracts where considered appropriate.

(b) Credit risk

Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the Company.
The Company has adopted a policy of only dealing with creditworthy counterparties as a means of mitigating the risk of financial
loss from defaults. The Company's exposure and wherever appropriate, the credit ratings of its counterparties are continuously
monitored and spread amongst various counterparties. Credit exposure is controlled by counterparty limits that are reviewed and
approved by the management of the Company. Financial instruments that are subject to concentrations of credit risk, principally
consist of balance with banks, investments in mutual funds, trade receivables and loans and advances. None of the financial
instruments of the Company result in material concentrations of credit risks.

Balances with banks were not past due or impaired as at the year end. In other financial assets that are not past dues and
not impaired, there were no indication of default in repayment as at the year end.

(c) Liquidity risk

The Company manages liquidity risk by maintaining sufficient cash and cash equivalents and availability of funding through an
adequate amount of committed credit facilities to meet the obligations when due. Management monitors rolling forecasts of liquidity
position and cash and cash equivalents on the basis of expected cash flows. In addition, liquidity management also involves
projecting cash flows considering level of liquid assets necessary to meet obligations by matching the maturity profiles of financial
assets & liabilities and monitoring balance sheet liquidity ratios.

53 DISCLOSURE AS REQUIRED BY INDIAN ACCOUNTING STANDARD -115 ARE GIVEN BELOW

(i) The Company derives revenues from sale of goods, scrap and services from its contracts with customers. The revenues have
been disclosed in Note No.38 “Revenue from Operations”.

The revenues are further disaggregated into revenues from domestic as well as export market. Refer Note No. 50 “Segment
Reporting” for details.

(ii) The Company does not have any contract asset. The opening and closing balances of trade receivables and Contract liability
are as under:

(d) Terms and conditions of transactions with related parties:

(i) There is no allowance account for impaired receivables in relation to any outstanding balances and no expense has been
recognised in respect of impaired receivables due from related party.

(ii) All Outstanding balances payable / receivable at the year end are unsecured and will be settled in cash.

59 Exceptional Items ;

The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four Labour Codes -
The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and The Occupational Safety,
Health and Working Conditions Code, 2020 (collectively referred to as “the Labour Codes”). These codes have been made effective
from November 21, 2025 and the corresponding supporting central rules have been notified from May 8, 2026. Accordingly, during
the year ended March 31, 2026, the Company has recognized provision towards past service cost in respect of gratuity payable to
employees amounting to ' 122.06 lakhs. Further, incremental provision towards leave encashment amounting to ' 30.35 lakhs has
also been recognized. The aforesaid amounts have been disclosed under “Exceptional Items”.

60 Additional regulated information required by Schedule III to the Companies Act 2013;

(a) 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 assessments under the Income Tax Act, 1961 (such as, search or survey
or any other relevant provisions of the Income Tax Act, 1961)

(b) The Company does not have any Benami property held in its name and no proceedings have been initiated or pending against
the Company for holding any Benami property.

(c) (A) The Company has 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:

(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

(B) The Company has 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,

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

(e) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

(f) The company has not been declared wilful defaulter by any bank or financial institution or other lender or government or any
government authority during the year.

(g) The title deeds including agreements for all the immovable properties including leasehold land are in the name of the Company.

(h) Borrowings are made from banks/ FI on the basis of security of current asset. The returns or statements viz. Financial follow¬

up report/Financial report filed by the Company with such banks are in agreement with the unaudited books of account of the
Company for the said period.

(i) The Company has complied with the number of layers of companies as prescribed under clause (87) of section 2 of the Act
read with the Companies (Restriction on number of Layers) Rules, 2017.

61 The previous year's figures have been regrouped/rearranged wherever necessary to make them comparable with the current year.

62 The Board of Directors have considered and recommended a dividend @ 50% i.e. ' 1 per equity share on face value of ' 2 per
equity share for the financial year 2025-26 subject to approval of members of the Company.

63 The standalone financial statement of the Company are approved by the Board of Directors in the meeting held on May 27, 2026.