Terms/Rights attached to Equity Shares

The company has only one class of equity shares having a per share value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

As per records of the company, including its register of shareholders/members and other declaration received from shareholders regarding beneficial interest, the above shareholding represents both legal and beneficial ownership of shares.

The company is eligible for exemption of 100% tax u/s 80IAC from Assessement year 2023-24 and company has opted the same from the Assessement year 2023-24 which will be available for three consecutive years. Certificate of eligible business under section 80 IAC is obatined

31 from Ministry of Commerece & Industry on 10/03/2023. Company has applied for rectification application u/s 154 for opting out from taxation u/s 115BAA for AY 22-23 & AY 21-22 and withdrawal of Form 10-IC. Hence no provision for Income Tax Expense of Rs.125/- lacs for F.Y. 2022-23 and

154 Lacs for F.Y. 2023-24 has been made.

32 Figures relating to corresponding/previous periods have been regrouped/reclassified wherever necessary to confirm to current period figures.

Where the Company has revalued its Property, Plant and Equipment, the company shall disclose as to whether the

^II revaluation is based on the valuation by a registered valuer as defined under rule 2 of the Companies (Registered Valuers and Valuation) Rules, 2017

_Not Applicable_

where Loans or Advances in the nature of loans are granted to promoters, directors, KMPs and the related parties (as

^III defined under Companies Act, 2013,) either severally or jointly with any other person, that are:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

In F.Y. 2022-23 there was nominal utilisation of debt. During the year working caital of rs 150 Lacs was sanctioned and same was utilised, hence Debt equity ratio has increase by 369.12%

^ Due to utlisation of debt in the current year as compared to previous year nominal utlisatioin of debt,

Debt Service coverage ratio has decreased by 77.67%

Net profit for F.Y. 2022-23 was significantly high which raised accumulated share holder's fund for Current financial year. Further opening share holder's fund in F.Y. 2022-23 was lower then that in current year hence it lead to change in Return on Equity Ratio by 41.11 % and Return on capital employed changed by 30.50%

Change in trade receivable turnover ratio and Net capital turnover is on account of billing done close to

year end for which payment is not due at end of the year as per agreed terms. Hence it lead to change (iv)

in ratios by 53.36% and 30.15% respectively