Delta Leasing and Finance Limited (the Company) was incorporated on 21 st November 1983 having CIN L67120DL1983PLC016990. The PAN of the Company is AAACD0594K.

The Company is maintaining its Bank Account with Andhra Bank. The company is principally engaged in lending and investing activities.

2. SEGMENT REPORTING:

(a) The company's sole business segment is loan and investment and the geographical segment is India. Consequently the need for separate disclosure as required under Accounting Standard 17 segment reporting is not considered relevant.

3. Information related to Micro, small and Medium Enterprises, as defined in the Micro, Small and Medium Enterprises Development Act, 2006 (MSME Development Act). There is no due to small scale Industrial undertaking which are required to be disclosed as per schedule III to the Companies Act, 2013.

4. Disputed liabilities & claims as treated as contingent liabilities. Claims against the Company other than assessment proceedings not acknowledged as debts Rs. Nil (P.Y. Nil)

5. Pursuant to provisions of the Companies Act, 2013 during the year, the company is not required to transfer any amount due for transfer to Investors Education Protection Fund.

6. The debit & credit balances outstanding in the accounts of various parties are subject to confirmation by the parties concerned.

7. Figures for previous year have been regrouped and rearranged wherever considered necessary.

8. In the opinion of the management, the current assets, loans and advances have the value, which on realization in thre ordinary course of business would at least equal to that at which the same have been stated in the balance sheet.

9. No interest has not been paid for long term borrowings.

10.According to our opinion Service Tax is applicable on Reverse Charge Mechanism on Travelling Expenses by Taxi incurred by company through non corporate Assessee. The Service Tax has not been paid for this.

11. RELATED PARTY DISCLOSURES:

Details of disclosures as required by " Accounting Standard (AS)-18 on Related Party Disclosure" are as under:-

a) Name of related parties and description of relationship:

Key Management Personnel

Shri Subodh Kumar Khandelwal                        Managing Director

Ms. Meera Mishra                                    Director

Ms. Seema Khandelwal                                Director

Ms. Renu Jindal                                     Director

Shri Pawan Kumar Poddar                             Director

Shri Uttam Kumar Srivastava                         Director

Ms. Shipra Kamra                                    Company Secretary

Ms. Swati Khanna                                    CFO

12. Disclosure of detail required in terms Paragraph 9BB of Non-Banking Financial Companies Prudential Norms (Reserve Bank) Directions, 1998.

Amalgamation of M/s Euphoria Capital Private Limited (Being Non-Banking Financial Company), M/s Juneja Nagpal & Constructions Private Limited, M/s Modi Commercial Deals Limited & M/s Ganga Debt Recovery Agency Private Limited (the Transferor Companies No. 1 to 4 respectively) with DELTA LEASING AND FINANCE LIMITED (the transferee Company) in terms of the Scheme of Arrangement framed under sections 391 and 394 of the Companies Act,1956, was approved by the Hon'ble High Court of Delhi at New Delhi vide its order dated 04th April,2011.

As per the Hon'ble High Court Order dated 04/04/2011, the Certificate of Registration granted to Transferor Company No.1 Euphoria Capital Private Limited by the Reserve Bank of India as Non-Banking Financial Company be transferred to and vested in the Transferee Company pursuant to the provision of section 394 of the Act (Refer to Point No. 2 (a) of the Scheme of Arrangement).