a) Terms/rights attached to equity shares

The Company has one class of equity shares having a par value of Rs. 10/- each. Each shareholder is eligible for one vote per share held. In the event of liquidation, the equity share holders are eligible to receive remaining assets of the company after distribution of all preferential amount in proportion to their shareholding.

Nature and Purpose of Reserves :

The Company recognises profit and loss on purchase, sale, issue or cancellation of the its own equity instruments to capital reserve.

Nature and Purpose of Reserves :

NBFC Statutory Reserve represents the reserve created pursuant to the Reserve Bank of India Act, 1934 (the “RBI Act”) and related regulations applicable to those companies. Under the RBI Act, a non-banking finance company is required to transfer an amount not less than 20% of its net profit to a reserve fund before declaring any dividend. Appropriation from this reserve fund is permitted only for the purposes specified by the RBI.

Nature and Purpose of Reserves :

The General Reserve is used from time to time to transfer profits from retained earnings for appropriation purposes. As the General reserve is created by a transfer from one component of equity to another and is not an item of other comprehensive income, items included in the General reserve will not be reclassified subsequently to the statement of profit and loss.

Nature and purpose of reserves:

Retained Earnings are the profits /losses that the Company has earned / incurred till date, less any dividend or other appropriations made.

(II) Transaction with Related Parties:

• Managerial Remuneration to Mr. Alok Mukherjee- Rs. 3.00 Lakhs (P.Y. Rs. 3.00 Lakhs)

• Remuneration to Mrs. Pooja Solanki- Rs. 2.16 Lakhs (P.Y. Rs. 2.16 Lakhs)

• Remuneration to Mr. J.K. Srivastava- Rs. 4.44 Lakhs (P.Y. Rs. 4.44 Lakhs)

• Salary Paid to Mrs. Gauri Shriya- Rs. 7.20 Lakhs (P.Y. Rs. 7.20 Lakhs)

• Salary Paid to Ms. Vani Shriya- Rs. 6.00 Lakhs (P.Y. Rs. 6.00 Lakhs)

• Rent paid to Mrs. Gauri Shriya- Rs. 3.00 Lakhs (P.Y. Rs. 3.00 Lakhs)

• Rent paid to Shrinathji Trust- Rs.3.60 Lakhs. (P.Y. Rs. 3.60 Lakhs)

• Rent paid to Seattle Online Pvt Ltd.- Rs. 18.00 Lakhs (PY. Rs. 12 Lakhs)

(III) Balances With related Parties: NIL

25. The Company operates only in one segment i.e. Investment Activities and therefore no separate segment wise details required by Ind AS 108 - Operating Segments issued by Institute of Chartered Accountants of India is disclosed.

27. The Company has assessed its obligations arising in the normal course of business, proceedings pending with tax authorities and other contracts including derivative and longterm contracts. In accordance with the provisions of Indian Accounting Standard (Ind AS) -37 on ‘Provisions, Contingent Liabilities and Contingent Assets’, the Company recognises a provision for material foreseeable losses when it has a present obligation as a result of a past event and it is probable that an outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made. In cases where the available information indicates that the loss on the contingency is reasonably possible but the amount of loss cannot be reasonably estimated, a disclosure to this effect is made as contingent liabilities in the financial statements. The Company does not expect the outcome of these proceedings to have a materially adverse effect on its financial results.

28. The Company has not advanced or loaned or invested (either from borrowed funds or share premium or any other sources or other kind of funds) to or in any other person or entity, including foreign entity (“Intermediaries”), with 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 on behalf of the Ultimate Beneficiaries;

The Company has not received any funds (which are material either individually or in the aggregate) from any person or entity, including foreign entity (“Funding Parties”), with the understanding, whether recorded in writing or otherwise, that the Company shall, 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;

29. The disclosure on the following matters required under Schedule III as amended not being relevant or applicable in case of the Company, same are not covered:

a) The Company has not traded or invested in crypto currency or virtual currency during the financial year.

b) No proceedings have been 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.

c) The Company has not been declared willful defaulter by any bank or financial institution or government or any government authority.

d) The Company has not entered into any scheme of arrangement.

e) Rregistration and/or satisfaction of charges are pending to be filed with ROC are as below:

f) There are no transactions which are not recorded in the books of account which have been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961.

g) The Company does not have any relationship with struck off companies.

30. In the opinion of the Board, the realizable value of Current Assets, Loans and Advances in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet and the provision for all known and determined liability is adequate and not in excess of the amount reasonably required.

31. Contingent Liabilities & Commitments (to the extent not provided for): - Nil

32. The Company has given an undertaking to various Financial Institutions not to transfer, assign, pledges, hypothecate or otherwise dispose off in any manner its investments in equity shares of LML Ltd. (In Liquidation) (2500598 Equity Shares of Rs.10/- each) without prior approval of the institutions so long as the loans, advances to LML Ltd., (In Liquidation) by the institutions remains outstanding.

33. In view of liquidation order passed by Hon’ble NCLT vide order no. CP NO.(IB)55/ALD/2017 WITH CA NO.73/2018 dated 23rd March, 2018 in case of LML Ltd., and after reviewing the status the company has decided to write off its Investments in LML Ltd and its subsidiaries & its associates which are holding investment in equity shares of LML Ltd of Rs. 7,11,11,700/-including the amount of Loans given to subsidiaries & associates. As a consequence, the provision for impairment made in earlier years has been reversed (written back).

35. There are no dues to Micro and Small Enterprises. This information, as required to be disclosed under the Micro, Small and 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.

36. Additional information pursuant to Part II of Schedule III of the Companies Act, 2013 are not applicable to the company.

37. Previous year figures have been regrouped and rearranged wherever considered necessary.

38. Disclosure required by clause 32 of the Listing Agreement of loans/advances in nature of loans outstanding from Subsidiaries and Associates during 2024-2025:

Investment by the loan holders in the shares of the Company: None of the loan holders have made investments in the shares of the Company.

I. Schedule to the Balance Sheet of a non-deposit taking non-banking financial company (as required in terms of paragraph 13 of Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007):