(j) Provision, Contingent Liabilities and Contingent Assets:

Provision: A provision is recognized if, as a result of a past event, the Company has a present legal or constructive
obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle
the obligation. If the effect of the time value of money is material, provisions are determined by discounting the expected
future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks
specific to the liability. When discounting is used, the increase in the provision due to the passage of time is recognized as
a finance cost.

The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at
reporting date, taking into account the risks and uncertainties surrounding the obligation.

Contingent Liability: Contingent liabilities are possible obligations that arise from past events and whose existence will
only be confirmed by the occurrence or non-occurrence of one or more future events not wholly within the control of the
Company. Where it is not probable that an outflow of economic benefits will be required, or the amount cannot be
estimated reliably, the obligation is disclosed as a contingent liability, unless the probability of outflow of economic
benefits is remote. Contingent liabilities are disclosed on the basis of judgment of the management/independent experts.
These are reviewed at each balance sheet date and are adjusted to reflect the current management estimate.

(k) Current and Non Current classification: All assets and Liabilities have been classified as current or non-current.
Based on the nature of product and activities of the Company and their realization in cash and cash equivalent, the
Company has determined its operating cycle as 12 months for the purpose of current and non-current classification of
assets and liabilities.

Deferred tax assets/liabilities are classified as non-current.

NOTE 4

Note 4 Major Estimates and Judgments made in preparing Standalone Financial Statements

The preparation of the Company's Standalone Financial Statements requires management to make judgements and estimates that
affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures, and the disclosure of
contingent liabilities. These include recognition and measurement of financial instruments, estimates of useful lives and residual
value of Property, Plant and Equipment and Intangible Assets, valuation of inventories, measurement of recoverable amounts of
cash-generating units, measurement of employee benefits, actuarial assumptions, provisions etc.

Uncertainty about these judgments and estimates could result in outcomes that require a material adjustment to the carrying
amount of assets or liabilities affected in future periods. The Company continually evaluates these estimates and assumptions
based on the most recently available information. Revisions to accounting estimates are recognized prospectively in the Statement
of Profit and Loss in the period in which the estimates are revised and in any future periods affected.

A. JUDGEMENTS

In the process of applying the company's accounting policies, management has made the following judgements, which have the
significant effect on the amounts recognised in the Standalone Financial Statements:

Materiality

Ind AS requires assessment of materiality by the Company for accounting and disclosure of various transactions in the Standalone
Financial Statements. Accordingly, the Company assesses materiality limits for various items for accounting and disclosures and
follows on a consistent basis. Overall materiality is also assessed based on various financial parameters such as Gross Block of
assets, Net Block of Assets, Total Assets, Revenue and Profit Before Tax. The materiality limits are reviewed and approved by the
Board.

Provisions and contingencies

The assessments undertaken in recognizing provisions and contingencies have been made in accordance with Ind AS 37,
'Provisions, Contingent Liabilities and Contingent Assets'. The evaluation of the likelihood of the contingent events has required
best judgment by management regarding the probability of exposure to potential loss. Should circumstances change following
unforeseeable developments, this likelihood could alter. In the similar line, management also on the basis of best judgment and
estimate determines the net realizable value of the Inventories to make necessary provision.

B. MAJOR ESTIMATES

The key assumptions concerning the future and other key sources of estimation at the reporting date, that have a significant risk of
causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below.

Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances
arising that are beyond the control of the company. Such changes are reflected in the assumptions when they occur.

Useful life of property, plant and equipment and intangible assets

The estimated useful life of property, plant and equipment is based on a number of factors including the effects of obsolescence,
demand, competition and other economic factors (such as the stability of the industry and known technological advances) and the
level of maintenance expenditures required to obtain the expected future cash flows from the asset.

Useful life of the assets other than Plant and machinery are in accordance with Schedule II of the Companies Act, 2013.

The Company reviews at the end of each reporting date the useful life of property, plant and equipment, and are adjusted
prospectively, if appropriate.

FINANCIAL INSTRUMENT
Fair values hierarchy

Financial assets and liabilities measured at fair value in the statement of financial position are grouped into three levels of a fair value hierarchy.
The three levels are defined based on the observability of significant inputs to the measurement, as follows:

Level 1: Quoted prices (unadjusted) in active markets for financial instruments.

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 rely as little as possible on entity specific estimates.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3.

FINANCIAL RISK MANAGEMENT NOTE 31

The Company's activities expose it to credit risk, liquidity risk and market risk. The Company's board of directors has overall responsibility for the
establishment and oversight of the Company's risk management framework. This note explains the sources of risk which the entity is exposed to
and how the entity manages the risk and the related impact in the financial statements.

Credit risk

Credit risk is the risk that a counterparty fails to discharge its obligation to the Company. The Company's exposure to credit risk is influenced
mainly by cash and cash equivalents, trade receivables and financial assets measured at amortised cost. The Company continuously monitors
defaults of customers and other counterparties and incorporates this information into its credit risk controls.

Credit risk management
Credit risk rating

The Company assesses and manages credit risk of financial assets based on following categories arrived on the basis of assumptions, inputs and
factors specific to the class of financial assets. The Company assigns the following credit ratings to each class of financial assets based on the
assumptions, inputs and factors specific to the class of financial assets.

A: Low
B: Medium
C: High

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 Company's approach to managing liquidity is to ensure as far as possible, that it will have
sufficient liquidity to meet its liabilities when they are due.

Management monitors rolling forecasts of the Company's liquidity position and cash and cash equivalents on the basis of expected cash flows. The
Company takes into account the liquidity of the market in which the entity operates.

Segment Information :

The Company does not have secondary segment division in respect of reportable segments.

Ind AS 108, Operating segments, establishes standards for the way that public business enterprises report information about operating segments and
related disclosures about products and services, geographic areas, and major customers.

The Company has only one business segment of trading of goodds. The Company operates its business from India Therefore, there is only one business
and geographical segment.

Thus, Business of the company is not identifiable to multiple reportable segments. Hence no segment reporting is given.

NOTE 36

Additional Regulatory Disclosures

(i) Details of Benami Property held

No proceedings have been initiated on or are pending against the group for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988)
and Rules made thereunder.

(ii) Willful defaulter

The Company has not been declared willful defaulter by any bank or financial institution or government or any government authority.

(iii) Relationship with struck off companies

The Company has no transactions with the companies struck off under Companies Act, 2013 or Companies Act, 1956.

(iv) Compliance with number of layers of companies

The Company has complied with the number of layers prescribed under the Companies Act, 2013.

(vi) Compliance with approved scheme(s) of arrangements

The Company has not entered into any scheme of arrangement which has an accounting impact on current or previous financial year.

(vi) Utilisation of borrowed funds and share premium

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

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.

(vii) Undisclosed income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been
recorded in the books of account.

(viii) Details of crypto currency or virtual currency

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

(ix) Valuation of Property, Plant & Equipment, intangible asset and investment property

The Company has not revalued its property, plant and equipment or intangible assets or both during the current or previous year.

(x) Registration of charges or satisfaction with Registrar of Companies

There are no charges or satisfaction which are yet to be registered with the Registrar of Companies beyond the statutory period.

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

NOTE 38

There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company.

NOTE 39

The financial statements were approved for issue by the Board of Directors on May 30 , 2024.

NOTE 40

Figures in brackets indicate negative (-) figures.

For and on behalf of the Board of Directors of
Kotia Enterprises Limited

Manoj Kumar Bansal Paaven Bansal

Managing director & CFO Director

DIN:00272806 DIN:008098647

Nupur Jain

Company Secretary
M.NO: F12718