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

For Asha & Associates
Chartered Accountants
FRN:024773N

CA Asha Taneja
M.No. 096107

UDIN: 25096107BMOYWZ4337

Place: New Delhi
Date: 29.05.2025