A provision is recognised when the Company has a present
obligation as a result of past event and it is probable that
an outflow of resources will be required to settle the
obligation, in respect of which a reliable estimate can be
made. These are reviewed at each balance sheet date and
adjusted to reflect the current best estimates.
Contingent liabilities are disclosed when there is a possible
obligation arising from past events, the existence of
which will be confirmed only by the occurrence or non¬
occurrence of one or more uncertain future events not
wholly within the control of the Company or a present
obligation that arises from past events where it is either
not probable that an outflow of resources will be required
to settle the obligation or a reliable estimate of the amount
cannot be made. Contingent assets are neither recognised
nor disclosed in the financial statements.
The Company does not have any Contingent liabilities as
on Balance Sheet date which need to be disclosed.
(xiv) Investments
The company has no investments as on the balance sheet
date.
(xv) Borrowing Costs
There is no borrowing cost, which are directly attributable
to the acquisition, construction or production of an asset
that necessarily takes a substantial period of time to get
ready for its intended use or sale, So Capitalization of
borrowing cost to Cost of the assets is not applicable.
All other borrowing costs are expensed in the period in
which they occur. Borrowing costs consist of interest and
other costs that an entity incurs in connection with the
borrowing of funds.
(xvi) Segment Reporting
By applying the definitions of 'Operating Segment'
contained in Ind As 108, it is concluded that there is only
one segment and hence segment reporting is not required
to be disclosed.
(xvii) Inventories
The Company does not have any inventories as on the
Balance sheet date.
(xviii) Earnings Per Share (EPS)
Basic earnings per share is computed by dividing profit or
loss attributable to equity shareholders of the Company by
the weighted average number of equity shares outstanding
during the year. The diluted earnings per share is computed
by including the weighted average options outstanding at
the measurement date. The detailed working of EPS is
provided under Note: 20.
(xix) Dividend
The final dividend on equity shares is recorded as a
liability on the date of approval by the shareholders and
interim dividends are recorded as a liability on the date of
declaration by the Board of Directors.
The company declares and pays dividend after deducting
applicable withholding income taxes. The remittance of
dividends outside India is governed by Indian Law on
Foreign Exchange and is also subject to withholding tax at
applicable rates.
Note 11 : (ii) Details of Dividend
During the year ended March 31,2026, on account of the final dividend for the FY 2024-25 the Company has incurred
a net cash outflow of Rs.1,59,04,875/-.The Board of Directors in their meeting held on April 29, 2026 recommended
a final dividend of Rs.1/- per equity share for the financial year ended March 31,2026. The payment is subject to the
approval of shareholders in the AGM of the Company to be held on June 03, 2026 and if approved, would result in
a net cash outflow of approximately Rs.1,59,42,075/-. The record date for the purpose of payment of final dividend
is May 06, 2026.
Note 31: Impact of Labour Codes
On November 21, 2025, the Government of India notified provisions of 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, ('Labour Codes') which consolidate twenty-nine existing labour laws into
a unified framework governing employee benefits during employment and post-employment. The Labour
Codes, amongst other things introduces changes, including a uniform definition of wages and enhanced
employee benefits.
The Company has assessed the financial implications of these changes which has resulted in increase
in defined benefit liability of Rs.12.03 Lakhs arising out of past service cost which is recognized under
employee benefits expense in the Statement of Profit and Loss for the year ended March 31,2026.
Note 34: Disclosure under the 'Micro Small and Medium Enterprises Development Act, 2006
Disclosures relating to amount unpaid as at the year end as required under the MSMED Act,2006 has
been made to the extent of information received from the vendors regarding their status under the Act.
However, no interest has been paid / payable on such outstanding during the year since none of the
outstanding is older than 30 days.
Note 35: Previous year's figures
Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the
current year's classification / disclosure.
The accompanying notes form an integral part of the financial statements
As per our report of even date attached For and on behalf of the Board of Directors
for Sekar & Co B Robert Raja B Antony Raja
Chartered Accountants Chairman & Managing Director Whole-time Director & CFO
Firm Regn No : 016269S DIN : 00754202 DIN : 00754523
Arun Kumar Ghadei B Purnima
Partner Company Secretary
M No : 230158 Memership No : ACS 30500
Place: Chennai
Date : 29th April 2026
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