3.8 Provisions, contingent Liabilities & contingent Assets.

Provisions are recognised only when the Company has present, legal,
or constructive obligations as a result of past events, for which it is
probable that an outflow of economic benefit will be required to settle
the transactions and a reliable estimate can be made for the amount
of the obligation.

Contingent laibility is disclosed for (1) possible obligations which will
be confirmed only by future events not wholly within the control of
Company or (2) present obligations arising from past events where it
is not probable that an outflow of resources will be required to settle
the obligation or a reliable estimate of the amount of the obligation
cannot be made.

Contingent assets are not recognised in the financial statements since
this may result in the recognition of income that may never be realised

3.9 Foreign Currency transaction

The Company's financial statements are presented in Indian Rupee,
which is also the Company's functional currency.

During the year Company has not carried out any foreign currency
transactions.

3.10 Employee Benefits Expense
Short Term Employee Benefits

The undiscounted amount of short term employee benefits expected
to be paid in exchange for the services rendered by employees are
recognised as an expense during the period when the employees
render the services.

Post Employment Benefits

Gratuity shall be provided on the basis of payment and no provision
has been made for the same on accrual basis.

3.11 Earnings per share

Basic EPS is computed using weighted average number of equity
shares outstanding during the period. Diluted EPS is computed using
weighted average number of equity and dilutive equity equivalent
shares outstanding during the period except where the results would
be anti dilutive.

3.12 Fair Value

Fair value is the price that would be received to sell an asset or paid
to transfer a liability in an orderly transaction between market
participants at the measurement date.

A number of the Company's accounting policies and disclosures require
the measurement of fair values, for both financial and non-financial
assets and liabilities.

Fair value measurements are categorised into Level 1,2 or 3 based
on the degree to which the inputs to the fair value measurements
are observable and the significance of the inputs to the fair value
measurement in its entirety, which are described as follows:

(i) Level 1 inputs are quoted prices unadjusted in active markets
for identical assets or liabilities that the entity can access at
the measurement date.

(ii) Level 2 inputs are inputs, other than quoted prices included
within Level 1, that are observable for the asset or liability,
either directly or indirectly and

(iii) Level 3 inputs are unobservable inputs for the asset or liability.

3.13 Foreign currency transactions

"The Company's financial statements are presented in Indian Rupee,
which is also the Company's functional currency."

Foreign currency transactions are recorded in the reporting currency,
by applying to the foreign currency amount the exchange rate between
the reporting currency and the foreign currency at the date of the
transaction.

All exchange differences are accounted in the Statement of Profit
and Loss.

During the year, there are no foreign currency transactions.

29. Following are the additional disclosures required as per schedule III to the Companies
Act, 2013 vide notification dated March 24, 2021.

a. Details of Crypto currency or Virtual Currency :

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

b. Undisclosed Incomes :

There are no transactions that are not recorded in the books of account to be
surrendered or disclosed as income during the year in the tax assessments under
the Income Tax Act, 1961.

c. Details of Benami Property held

There are no proceedings 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 thereunder

d. Relationship with Struck off Companies

The Company did not have any transactions with Companies struck off under Section
248 of Companies Act, 2013 or Section 560 of Companies Act, 1956 considering the
information available with the Company.

e. Wilful Defaulter :

The Company has not been declared as Wilful Defaulter by any Bank or Financial
Institution or other lender.

f. Utilisation of Borrowed funds and share premium :

During the financial year ended 31st March 2024, other than the transactions
undertaken in the normal course of business and in accordance with exact regulatory
guidelines as applicable :

i. no funds have been advanced or loaned or invested (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, whether, 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; and

ii. no funds have been received by the company 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, whether, 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.

g. Compliance with Number of Layers of Companies

The Company do not have any parent company and accordingly, compliance with
the number of layers prescribed under clause (87) of section 2 of the Act read with
Companies (Restriction on number of Layers) Rules, 2017 is not applicable for the
year under consideration.

h. Scheme of arrangements

There are no Scheme of Arrangements approved by the Competent Authority in
terms of sections 230 to 237 of the Companies Act, 2013 during the year.

32 Other notes to Accounts

Previous year figures have been restated to confirm the classification of the
current year.

The Company has not provided for gratuity to employees on accrual basis,
which is not in conformity with accounting statandard. However in the opinion
of management the amount involved is negligible and has no impact on
statement of profit & loss.

The Company has no dues to Micro,Small & Medium enterprises during the
year ended 31st March 2024. This information as required to be disclosed
under Micro,Small & Medium Enterprises Development Act, 2006 has been
determined to the extent such parties have been identified on the basis of
information available with the Company.

AS PER OUR REPORT OF EVEN DATE ATTACHED

For SIROHIA & CO., For and on behalf of the Board of Directors

Chartered Accountants
ICAI Firm Reg. No.003875S

Vinod Kumar SAJJAN KANWAR BAFNA M K TATED

Partner Director Director

Membership No.207094 DIN:00007725 DIN : 00488121

Dinesh Jain Jyoti Kedia

Chief Financial Officer Company Secretary

PLACE: Chennai

DATE : 29-05-2024

UDIN: 24207094BKDAUX8154