xiv) Provisions & Contingent Liabilities :

Provisions are recognised when the Company has a present legal or constructive obligation as a
result of past events, it is probable that an outflow of resources will be required to settle the
obligation and the amount can be reliably estimated. Provisions are not recognized for future
operating losses.

Provisions are measured at the present value of management's best estimate of the
expenditure required to settle the present obligation at the end of the reporting period. The
discount rate used to determine the present value is a pre tax rate that reflects current market
assessments of the time value of money and the risks specific to the liability. The increase in the
provision due to the passage of time is recognised as interest expense.

Contingent Liabilities are disclosed by way of notes to the financial statements in respect of
possible obligations that arise from past events but their existence will be confirmed by the
occurrence or non occurrence of one or more uncertain future events not wholly within the
control of the Company or where any present obligation cannot be measured in terms of future
outflow of resources or where a reliable estimate of the obligation cannot be made.

xv) Cash Flows Statement:

The Company adopts the Indirect Method in preparation of Cash Flows Statement. For the
purpose of Cash Flows Statement, Cash & Cash equivalents consists of Cash on Hand, Cash at
Bank, Term Deposits having original maturity of twelve months.

xvi) Segment Reporting :

Company is into a single line of business and doesn't have any Reportable Segment, hence
reporting requirements as per Ind AS 108 is not applicable

f) Sundry debtors, Sundry Creditors, Loan & Advances have been taken at their book value and are subject to confirmation and reconcilation.

g) Loans and Advances are considered good in respect of which company does not hold any security other than personal guarantee of persons.

h) Company has given advance of Rs. 5,32,20,671/- for purchase of property at gurgaon.

i) In the opinion of the management the development of Project is still not completed , hence the amount paid to different parties amounting to Rs. 19,98,87,156.00
Crores will treated as advance. The same will be treated as Stock in Hand / Fixed Assets as and when the project will complete.

j) In the opinion of the management and to the best of the knowledge and belief, the value of realization of current assets, Loans & Advances in the ordinary course
of business would not be less than the amount stated in the Balance sheet. The provision of all known liabilities is adequate and is neither in excess nor short of the
amount reasonably necessary. The Management has not recognized certain interest on loans as the same has not yet shown in 26AS of the Income Tax. The impact of
the same (if any) will be taken care at the time of filing Income tax Return.

k) The cost of the Computer Software, Content Development for E-Siksha , web browser and portals have been regognized as an asset on the following assumptions:

1. The future economic benefits from these assets will flow to the

2. The cost of the asset is measured on reliability.

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

m) The Company has given Loan & Advances of Rs 20,19,00,000/-upto 31st March, 2026.

n) In terms of resolution passed by the shareholders at the Annual General Meeting held on 10.09.2024 the company allotted 14,25,00,000 fully convertible warrants

of Rs.1/- each on preferential basis to other than promoters. Out of which 25% of warrant issue price has already received in previous year and the balance 75% of I

warrant issue price has been received during the year .

o) During the current year the Company has not made any transaction involving payment of foreign currency.

The management assessed that cash and cash equivalents, trade receivables, other bank balances and trade payables approximate their carrying amounts largely due to the short-term maturities of
these instruments. The fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than
in a forced or liquidation sale.

The Company determines fair values of financial assets and financial liabilities by discounting the contractual cash inflows/ outflows using prevailing interest rates of financial instruments with similar
terms. The initial measurement of financial assets and financial liabilities is at fair value. The fair value of investment is determined using quoted net assets value from the fund. Further, the subsequent
measurement of all financial assets and liabilities (other than investment in mutual funds) is at amortised cost, using the effective interest method.

27 Financial risk management objectives and policies

The Company’s principal financial liabilities comprise trade payables, employee related liabilities, etc. The main purpose of these financial liabilities is to finance the Company’s operations. The
Company’s principal financial assets include trade and other receivables, cash and cash equivalents, security deposits, etc. that derive directly from its operations.

The Company is exposed to market risk, credit risk and liquidity risk. The company's senior management oversees the management of these risks. The company's senior management is responsible for
formulating an appropriate financial risk governance framework for the Company and periodically reviewing the same. The company's senior management ensures that financial risks are identified,
measured and managed in accordance with the Company’s policies and risk objectives. The company's senior management reviews and agrees policies for managing each of these risks, which are
summarised below.

(a) Market Risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market prices comprise three types of risk: interest rate risk,
foreign currency risk and price risk. Financial instruments affected by market risk include fixed deposits and FVTPL investments.

(i) Interest Rate Risk

The company does have borrowings or significant interest bearing assets. So, the Company is exposed to such risk.

(ii) Foreign currency risk

The Indian Rupee is the Company’s most significant currency. As a consequence, the Company’s results are presented in Indian Rupee. Foreign currency risk is the risk that fair value or future cash
flows of a financial instrument will fluctuate because of changes in foreign exchange rates. The Company transacts business majorly in local currency and there is no significant foreign currency
transactions, therefore do not pose a significant foreign currency risk on the company.

(b) Credit Risk

Credit risk is the risk that counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The Company is exposed to credit risk from its
operating activities (primarily trade receivables) and from its investing activities, including deposits with banks and financial institutions. Management has a credit policy in place and the exposure to
credit risk is monitored on an ongoing basis. Credit evaluations are performed on all customers requiring credit over a certain amount.

Trade receivables

Customer credit risk is managed by each business unit subject to the Company’s established policy, procedures and control relating to customer credit risk management. Outstanding customer
receivables are regularly monitored. An impairment analysis is performed at each reporting date on an individual basis for major clients. The maximum exposure to credit risk at the reporting date is
primarily from trade receivables amounting to Rs.15.06 crore for the F.Y. 2023-24 and are typically unsecured.

Financial instruments and cash deposits

Credit risk from balances with banks and financial institutions is managed by the Company’s treasury department in accordance with the Company’s policy. Investments of surplus funds are made
only with approved counterparties and within credit limits assigned to each counterparty. The limits are set to minimise the concentration of risks and therefore mitigate financial loss through
counterparty’s potential failure to make payments.