Jindal Leasefin Limited has executed pledge over its debt mutual fund and bonds in favour of Barclays Bank PLC to
secure the due repayment of the credit facilities availed by Jindal Comtrade Private Limited, Jindal Dyechem Industries
Private Limited and Jindal Exports and Imports Private Limited amounting to Rs. 7,00,00,000/-

A. Following are the Related Parties of the Company

List of Key Management Personnal

1. Surender Kumar Jindal -Managing Director

2. Chavi Jindal- Director

3. Nishant Garg- Director
4.Sachin Kharkia

5 .Kiran Singhal

6. Virendra Bahadur Singh- CFO

7. Shivani Gupta -CS

List of entity in which director or his/her relaive is a member or director

1. Jindal Exports & Imports Pvt Ltd

2. Jindal Dyechem Industries Pvt Ltd

3. Bhawani Traders Limited

4. Praveen Buiding Costructions Co Pvt Ltd

5. Rhombus Colonisers Pvt Ltd

6. Jindal Futures Pvt Ltd

7. Jindal Comtrade Pvt Ltd
8 .Heemai Exports Pvt Ltd

For the purpose of capital management, capital includes total equity of the Company. The primary objective of the capital management is to maximize
shareholder value.

The Company manages its capital structure and makes adjustments in light of changes in economic conditions and the requirements of the financial
covenants. To maintain or adjust the capital structure, the Company may adjust the dividend payment to shareholders, return capital to shareholders or
issue new shares. The Company monitors capital using a gearing ratio, which is net debt divided by total capital plus net debt. The Company includes
within net debt, interest bearing loans and borrowings, trade and other payables, less cash and cash equivalents, excluding discontinued operations, if any.

In order to achieve this overall objective, the Company’s capital management, amongst other things, aims to ensure that it meets financial covenants
attached to the interest-bearing loans and borrowings that define capital structure requirements. Breaches in meeting the financial covenants would permit
the lender to immediately call loans and borrowings. There have been no breaches in the financial covenants of any interest-bearing loans and borrowing
in the current period.

Further, no changes were made in the objectives, policies or process for managing capital during the years ended March 31, 2024 and March 31, 2023.

Note 34 Fair Value Hierarchy

The table shown below analyses financial instruments carried at fair value.The different levels have been defined below:-
Level 1: Quoted Prices (unadjusted) in active markets for identical assets or liabilities

Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e., as
prices) or indirectly (i.e. Derived from prices)

b) Financial instruments at amortized cost

The carrying amount of financial assets and financial liabilities measured at amortised cost in the financial statements are a reasonable
approximation of their fair values since the Company does not anticipate that the carrying amounts would be significantly different
from the value that would eventually be received or settled.

c) During the year there has been no transfer from one level to another

The company does not have any borrowings from banks or financial institutions raised for specific purposes as on March 31, 2024.

^(a)

The company has not granted Loans or Advances to promoters, directors, KMPs and the related parties (as defined under Companies
Act, 2013), either severally or jointly with any other person, that are repayable on demand; or without specifying any terms or period

^(b) of repayment during the year. Also, there is no outstanding balance receivable from promoters, directors, KMPs and the related parties
as on March 31, 2024.

No proceedings has been initiated or pending against the company during financial year ending March 31,2024 for holding any

^(c) benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder.

(d) The company is not declared as wilful defaulter by any bank or financial Institution or other lender.

(e) The company has duly registered all the charges within the statutory period during the financial year ending March 31, 2024.

The company has not filed for any Scheme of Arrangements that has been approved by the Competent Authority in terms of sections

^(f) 230 to 237 of the Companies Act, 2013.

The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of
funds) during the financial ending March 31, 2024 to any other person(s) or entity(ies), including foreign entities (Intermediaries) with

(g) 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 to or on behalf of the Ultimate Beneficiaries.

The company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) during the
financial year ending March 31, 2024 with the understanding (whether recorded in writing or otherwise) that the company shall

(h) 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.

During the financial year ending March 31, 2024, there are no transactions that are not recorded in the books of accounts and has
^(l) been surrendered or disclosed as income during the year in the tax assessments under the Income T ax Act, 1961.

(j) During the financial year ending March 31, 2024, the Company has not traded or invested in Crypto currency or Virtual Currency.

- The social security code enacted in year 2020 has been deferred by a year. When enacted, this code will have an impact on

(k) Company’s contribution to Provident Fund, Gratuity and other employee related benefits. The Company proposes to do an assessment
at an appropriate time and make appropriate provisions accordingly.

(l) - Certain figures apparently may not add up because of rounding off, but are wholly accurate in themselves

(m) Figures have been rounded off to the nearest hundred rupees.

The standalone financial statements were approved for issue by the Board of Directors of the Company on 22nd May, 2024 subject to
^Note 37 approval of shareholders.

For Goyal Nagpal & Co. For and on behalf of the Board of Directors

Chartered Accountants
FRN : 018289C

Sd/- Sd/-

Sd/- (Surender Kumar Jindal) (Chavi Rungta)

(Virender Nagpal) Managing Director Director

Partner DIN 00130589 DIN 00481039

M.No. : 416004

Place : NEW DELHI Sd/- Sd/-

Date : 22-05-2024 (Virendra Bahadur Singh) (Shivani Gupta)

CFO Company Secretary

PAN :BAEPS6100C M No. A56157