xi Provisions and contingencies

Provision is recognized in the balance sheet when, the Company has a present obligation as a result of past event;
it is probable that an outflow of economic benefits will be required to settle the obligation; and a reliable estimate
of the amount of the obligation can be made. A disclosure by way of a contingent liability is made when there is
possible obligation or a present obligation that may, but probably will not, require a outflow of resources. When
there is a possible obligation or a present obligation that the likelihood of outflow of resources is remote, no
provision or disclosure is made.

xii Cash and Cash Equivalents

Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short¬
term investments with an original maturity of three months or less.

xiii Earnings Per Share

The Company reports basic earnings per share (EPS) in accordance with Accounting Standard 20 on Earnings Per
Share.The Basic earnings per share is computed by dividing the net profit attributable to the equity shareholders
for the period by the weighted average number of equity shares outstanding during the reporting period. The
diluted earning per share is computed by dividing the net profit attributable to the equity share holder for the
period by the weighted average number of equity shares outstanding during the reporting period after adjusting
for the effects of dilution.

xiv Accounting policies not specifically referred to above are in consonance with generally accepted accounting
principles.

Note 3.2

Rights, Preferences and Restrictions attached to Equity shares

(i) The Company has only one class of equity share having a par value of Rs.10 per share. Each holder of equity share is
entitled for one vote per share. Accordingly, all equity shares rank equally with regards to dividends and share in the Com¬
pany’s residual assets. The equity shareholders are entitled to receive dividend as declared from time to time.

(ii) On winding up of the Company, the holder’s of equity shares will be entitled to receive the residual assets of the Com¬
pany after distribution of all preferential amounts in proportion to the number of equity shares held.

37 Details of Benami Property held

There are no proceedings initiated or pending against the Company for holding any benami property under the
Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder.

38 Security of current assets against borrowings

The quarterly returns or statement filed by the company with such banks are in agreement with the books of accounts
of the company except in cases where the amounts have been updated in books post submission of quarterly returns
or statement.

39 Willful Defaulter

The Company is not declared as willful defaulter by any bank of financial institution or other lender.

40 Relationship with struck off Companies

The Company do not have any transactions with Companies struck off.

41 Registration of charges or satisfaction with Registrar of Companies

1. No Registration of charge is registered with Registrar of Companies for 9 Vehicle loans amount outstanding as on
31 March 2025 of Rs. 132.00 Lakh (P.Y. Rs. 14.45 Lakhs) Vehicles are registered at various locations and loan is taken
on various dates.

2. In Case of 4 charge open on ROC, no loan is outstanding and satisfaction of charge is yet to file with ROC.

42 Since the Company does not have any subsidiary, the provision of section 2 of clause 87 of the Act, read with Companies
(Restriction on number of Layers) Rules, 2017, is not applicable to the Company.

43 Revaluation of Property, Plant and Equipment

There is no such revaluation of Property, Plant and equipment and Intangible assets during the year.

44 Utilization of Borrowed funds

The Company have not advanced or loaned or invested funds (either from borrowed funds or share premium or any
other sources or kind of funds) by the Company to or in any other person(s) or entity(ies), including foreign entities
(“Intermediaries”), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall,
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 provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

The Company have not received any fund from any person(s) or entity(ies), including foreign entities (“Funding
Parties”), with the understanding, whether recorded in writing or otherwise, that the Company shall, 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 provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

45 Undisclosed Income

The Company have not done 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 relevant provisions of the Income Tax Act, 1961

46 Crypto currency or Virtual currency

The Company have not traded or invested in Crypto currency or virtual currency during the current year and previous
year

47 Previous years figures have been regrouped/reclassified to confirm to current period's presentation.

In terms of our report of even date attached For and on behalf of the Board of Directors

For SHAH P M AND ASSOCIATES Chairman and Managing Director Whole Time Director

Chartered Accountants Biharilal Shah Amish Shah

ICAI Firm Registration No: 131576W DIN: 00337318 DIN: 01415766

Whole Time Director & CEO Chief Financial Officer

Partner Jigar Shah CA Hardik Sarvaiya

Maulin Y. Shah DIN: 10082070 PAN: CWRPS8968Q

Membership No. 137282

Place: Mumbai Company Secretary

Date: 20th May 2025 Shatabdi Salve

PAN: DEIPS6143M