b. Terms/Rights attached to equiy shares

The company has only one class of equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the company in proportion to their shareholding.

c. During last 5 years immediately preeceding the balance sheet date, no Equity Share has been issued pursuant to any contract without payment being received in cash. Further the company has neither allotted any share by way of bonus shares, nor it had

bought back any Equity during aforesaid period of 5 years. Unpaid Calls - NIL ( Previos Year NIL) No shares have been forfeited by the company during the year

Current Assets, Loans & Advances:

In the opinion of the Board, current assets, loans and advances have a value at least equal to the amount shown in the balance sheet, if realized in the ordinary course of the business. The provisions for all known liabilities are made and not in excess of the amount considered reasonably necessary.

Note 22

Impairment

In the view of management, no impairment conditions existed on 31st March 2026. Hence, no provision is required in the accounts for the year under review.

Note 23

Auditor's Remuneration

Statutory Auditors' remuneration for the financial year 2025-26 is Rs 60 thousand, excluding GST (Previous Year Rs. 60 thousand)

Note 24

Foreign Exchange Earnings

The particulars regarding foreign exchange earnings during the year are Rs. 22892 Thousand only (Previous year Rs. 20126 Thousand), and expenditure in foreign currency is Rs. 1478 Thousand only (Previous year 600 Thousand).

Note 25

Contingent Liabilities and Litigations

Disputed income tax demands aggregating to Rs 23,392 thousand are under appeal before the respective appellate authorities. Considering the facts of the cases, judicial precedents, and legal opinions obtained, management believes that the likelihood of an outflow of economic resources is not probable. Accordingly, no provision has been recognised in the financial statements, and the matter has been disclosed as a contingent liability. The details are as follows:

Employee Benefits

A. Defined Contribution Plans - The Company has a defined contribution plan in respect of provident fund. Contributions are made to provident fund in India for employees at the rate of 12% of basic salary as per regulations. The contributions are made to a registered provident fund administered by the Government. The obligation of the company is limited to the amount contributed, and it has no further contractual nor any constructive obligation.

B. Other long-term benefits—The leave obligations cover the Company's liability for earned leave. However, based on past experience, the Company does not expect all employees to take the full amount of accrued leave or require payment within the next twelve months.

C. Defined Benefit Plans - Contribution to Gratuity Funds - The Company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The company does not have any employees who are in continuous service for a period of 5 years Hence, The Company doesn't operate a defined benefit gratuity plan, which requires contributions to be made to the recognised fund.

Foreign Travelling Expenses

Rs. 812 Thousand was incurred on foreign travel during the financial year under review, compared with Rs. 385 Thousand during the preceding financial year. The entire amount was incurred on foreign travel expenses of the director.

Notes 29

The company has completed the main construction of its IT plot located at 1-46, Sector-83 Alpha, I.T. City, SAS Nagar, Punjab - 160055. However, some miscellaneous construction activities are still ongoing. As of the reporting date, the capital work in progress amounts to 18,191 thousand (Previous year: 8,387 thousand). Since construction is not fully completed, this amount is reflected under 'Capital Work in Progress' in the Fixed Assets Schedule (Note 3).

Note 30

Related Party Disclosures:

In accordance with the requirements of IND AS 24, on related party disclosures, name of the related party, related party relationship, transactions and outstanding balances, including commitments where control exits and with whom transactions have taken place during the reporting period, are:

The company hold investment in the equity shares of Basel Investments Limited, a company in which Mr Mohnesh Kohli, Non-Executive Chairman of the Company, is a Non-Executive Director. The carrying amount of the investment as at March 31, 2026 is ^9,988 thousand (Previous Year: ^9,988 thousand).

Note 31

Salary and wages include director remuneration 393 thousand ( Previous Year 397 thousand) and sitting fee 105 thousand (Previous Year 115 thousand)

Note 32

The Company owns plot no. Gl/34, measuring 400.06 sq. meters, at DLF Valley Panchkula, Haryana, which is allotted in its name. The title deed for the plot in the company's favour has yet to be registered.

Note 33

The Company had filed a consumer complaint against Godrej Estate Developers Private Limited before the State Consumer Disputes Redressal Commission, U.T. Chandigarh, on July 31, 2020, seeking a refund of 13842 thousand paid towards the purchase of a commercial unit, together with applicable interest and other consequential reliefs.

The State Consumer Disputes Redressal Commission, U.T. Chandigarh, vide its order dated April 18,2022, directed Godrej Estate Developers Private Limited to refund the aforesaid amount together with interest at the rate of 12% per annum and litigation costs of 50 thousand. The said order has been challenged by Godrej Estate Developers Private Limited before the National Consumer Disputes Redressal Commission, New Delhi, where the appeal is currently pending.

A. The Company has not entered into 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.

B. The Company is not declared wilful defaulter by any bank or financial institution or other lender.

C. The Company has not traded or invested in crypto currency or virtual currency during the financial year.

D. The Company has not revalued its property, plant and equipment (including right-of-use assets) or intangible assets or both during the year.

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

F. No loans or advances in the nature of loans are granted to promoters, Directors, Key Managerial Personnel and the related parties (as defined under Companies Act, 2013) either severally or jointly with any other person.

G. The Company does not have any charges or satisfaction of charges which is yet to be registered with the Registrar of Companies beyond the statutory period.

H. The company has no transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of the Companies Act, 1956.

Note 35

Previous Year Figures Regrouping/Reclassification

Previous year figures have been regrouped/reclassified to conform to the current year classification.