Current Tax includes write off of taxes of earlier years: Rs.1,84,460/- in current year.

The Provision for Tax is made for after considering exemptions and deductions available under the Income Tax Act, 1961

The Company presents basic earnings per share data for its ordinary shares. Basic earnings per share is calculated by dividing the profit or loss attributable to ordinary shareholders of the Company by the weighted average number of ordinary shares outstanding during the year.

Note 18 Financial Assets : Investments: IND AS 40 , IND AS 12 & IND AS 113

Financial assets at fair value through profit or loss (FVTPL) Financial assets are measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income on initial recognition. The transaction costs directly attributable to the acquisition of financial assets and liabilities at fair value through profit or loss are recognised in profit or loss on Quaterly basis.

All fair value changes on the instrument, excluding dividends, are recognised in the OCI. There is no recycling of the amounts from OCI to Statement of Profit and Loss, even on sale of investment. However, on sale/disposal the Company may transfer the cumulative gain or loss within equity.

Note 19 Loans & Advances:

Loans and Advances are stated at the values which in the opinion of the Board of Directors are realisable during the ordinary course of business.

Note 20 Cash Flow Statement IND AS 7

Statement of cash flows is prepared segregating the cash flows into operating, investing and financing activities.cash flow from operating activities is reported using indirect method adjusting the net profit for the effects of: (i) changes during the period in operating receivables and payables transactions of a non-cash nature; (ii) non-cash items such as depreciation, provisions, deferred taxes, unrealised gains and losses; and (iii) all other items for which the cash effects are investing or financing cash flows. Cash and cash equivalents (including bank balances) shown in the Statement of Cash Flows exclude items which are not available for general use as on the date of Balance Sheet.

Note 21 Employees Retirement Benefits: IND AS 19

(i) The Provisions of Provident Fund and Employee State Insurance Scheme is not applicable to the company.

(ii) The Provisions of the Payment of Gratuity Act 1972 is is not applicable to the company.

⁽ⁱⁱⁱ⁾ Presently, the Company does not have any other defined benefit for staff payable on retirement/ cessation of service.

Note 22 SEGMENT REPORTING - IND AS 108

The Company is having only one main business segment namely "Finance and Investment and Allied Activities" and as such disclosure of segment results as per IND AS 108 does not arise.

^{Notes :- 01} The fair value of the financial assets and liabilities are included at the amount at which the instrument can be

exchanged in the current transaction between willing parties, other than in a forced or liquidation sales.

⁰² Financial intruments carried at amortised cost such as cost, trade and other receivable, borrowing and other current financial instrument apporoximate at their fair values largely due to short-term maturities of these instruments.

⁰³ The fair value of the quoted instruments are based on market price at the reporting periods.

^{Note 26} Additional regulatory disclosures as per Schedule III of Companies Act. 2013

i) The Company does not own any immovable properties

ii) The Company has not availed any finance against security of current assets.

iii) The Company does not have borrowings from bank and financial institutions.

iv) The Company has not been declared a wilfull defautler.

v) No proceedings have been initiated or pending against the Company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.

vi) The Company does not have Property, Plant and Equipment and Intangible Assets.

vii) There are no transactions with the Companies whose name are struck off under Section 248 of The Companies Act, 2013 or Section 560 of the Companies Act, 1956 during the year.

viii) All applicable cases where registration of charges or satisfaction is required to be filed with Registrar of Companies have been filed. No registration or satisfaction is pending at the year end.

ix) The Company has complied with the number of layers prescribed under clause (87) of Section 2 of the Companies Act, 2013 read with Companies (Restriction on number of Layers) Rules, 2017.

x) During the year the Company has not disclosed or surrendered, any income other than the income recoginsed in the books of accounts in the tax assessments under Income Tax Act, 1961

xi) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall

a) 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

b) provide any guarantee, security or the like to or on behalf of the ultimate beneficiary.

xii) The Company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall

a) 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

b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

xiii) The Company has not operated in any crypto currency or Virtual Currency transactions during the year.

xiv) The Corporate Social Responsibility (CSR) provisions are not applicable to the company.

^xv) No scheme of arrangement has been approved by the competent authority in terms of Section 230 to 237 of the Companies Act.

^Note 27 Sundry Debit and Credit Balances are subject to confirmation.

Previous Year's figures have been restated and regrouped wherever necessary to meet current year's classifications and rounded off to

Note 28

nearest Rs. In Lakhs