10. During the Financial year the provision of Section 135 related to the Corporate Social Responsibility
of the Companies Act, 2013 is not applicable on the company.
11.The Company is registered with the Reserve Bank of India as a NBFC within the provisions of the NBFC (Reserve Bank of India) Directions, 1998.
12. In the opinion of the management of the company the aggregate value of current assets, loans & advances if realized in the ordinary course of the business shall not be less than the amount at which these are stated in the Balance Sheet and the provision for all known liabilities are adequate.
1 Micro. Small and Medium Enterprises
The Company has not received any information from its suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act 2006, which came into effect from 2nd October, 2006 and hence disclosure, if any, relating to amounts unpaid as on 31st March, 2025 together with interest paid or payable as required under the Act, have not been given.
16. Net Owned Fund (NOF) of the company is ^ 1187.46/- Lakhs which is as per the requirement in the guidelines issued by RBI on 10th Nov, 2014.
17. Leverage ratio of not more than 7 is applicable to the company being a NBFC-BL (below asset size of ^ 1000 crores) as per the guidelines issued by RBI. The company is in compliance with the norms throughout the period under report and has not contravened this norm at any time during the financial year 2024-25.
18. There is change in the management or constitution of the company during the financial year 2023-24 as disclosed in notes 2.9 “ Related Party Disclosure” to the financial statements.
The company is not rated by any approved credit rating agency till date. Being
a NBFC-BL credit rating is not applicable to the company.
19.
20. Previous Years figures have been regrouped and/or rearranged wherever found necessary to conform to this year’s classification.
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