Rights. Preferences and Restrictions attached to each class of shares

The company has one class of equity shares having a par value of Rs.10 per share. Each shareholder is eligible for one vote per share held. The holders of equity shares are entitled to interim dividend and dividend, if any, proposed by the Board of Directors and approved by Shareholders at Annual General Meeting. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.

In the last 5 years preceding the balance sheet date:

No shares have been allotted as fully paid shares without payment being received in cash.

No shares are allotted as fully paid shares by way of bonus shares.

No calls are unpaid by directors or officers.

No shares are bought back by the company.

No shares have been forfeited during the year.

27 Financial Instruments by Category

Financial assets and financial liabilities are measured at fair value in the financial statement and are grouped into three levels of a fair value hierarchy. The three Levels are defined based on the observability of significant inputs to the measurement, as follows:

Fair value hierarchy

Level 1: quoted prices (unadjusted) in active markets for financial instruments.

Level 2: inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or Level 3: unobservable inputs for the asset or liability.

ii) Risk Management

The Company's activities expose it to market risk, credit risk and liquidity risk. The Company's Board of Directors has overall responsibility for the establishment and oversight of the Company's risk management framework. This note explains the sources of risk which the entity is exposed to and how the entity manages the risk and the related impact in the financial statements.

A)    Credit risk

Credit risk arises from the possibility that the counterparty will cause financial loss to the company by failing to discharge its obligation as agreed. To manage this, the Company periodically assesses the financial reliability of the counter parties, taking into account the financial condition, current economic trends, and analysis of historical bad debts and ageing of accounts receivable.

Credit risk arises primarily from financial assets such as trade receivables, investments, other balances with banks and loan and advances.

The company provides for expected credit loss in case of trade receivables when there is no reasonable expectation of recovery. The company continues to engage to recover the receivable due. Where recoveries are made, these are recognised in profit or loss. Credit risk arising from investments in mutual funds and other balances with banks is limited as the counterparties are banks and financial institutions with high credit ratings.

The company did not have any outstanding receivables as at March 31, 2025 and March 31, 2024. Accordingly, the company has not made any ECL provisions

B)    Liquidity Risk

Liquidity risk is defined as the risk that the Company will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial asset. The objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as per requirements. The Company's principal sources of liquidity are cash and cash equivalents and investments. The Company has consistently generated sufficient cash flows from its operations and believes that these cash flows along with its current cash and cash equivalents and funding arrangements are sufficient to meet its financial obligations as and when they fall due. Accordingly, liquidity risk is perceived to be low.

C) Market Risk

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. The value of a financial instrument may change due to changes in the interest rates. Financial instruments affected by market risk includes quoted equity shares and debt mutual funds.

29 Capital Management

The Company's objectives when managing capital are to safeguard its ability to continue as a going concern, so that it can continue to provide returns for shareholders and benefits for other stakeholders, and maintain an optimal capital structure to maximise shareholder value.

For the purpose of the Company's capital management, capital includes capital and all other equity reserves. The Company manages its capital structure and makes adjustments in the light of changes in the economic environment. In order to maintain or achieve an optimal capital structure, the Company allocates its capital for distribution as dividend or re-investment into business based on its long term financial plans. As at March 31, 2025, the Company has only one class of equity shares. Hence, there are no externally imposed capital requirements.

30    Segment Reporting

The Company primarily operates in single business and geographical segment. Hence, no additional disclosures are required to be given as per Ind AS 108 on Operating Segments, other than those already given in the financial results.

31    Dues To Micro And Small Enterprises

Information related to Micro, Small and Medium Enterprises Development Act, 2006 (Act) has been determined to the extent such parties have been identified on the basis of information available with the Company. There outstanding balance due to such parties at year end is Rs. Nil (March 31, 2024, Nil).

32    Events after reporting date

There have been no events after the reporting date that require disclosure in this financial statement.

33    The disclosure on the following matters required under Schedule III as amended, not being relevant or applicable in case of the Company, 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 no transactions with the Companies struck off under the Companies Act, 2013 or Companies Act, 1956

d The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

e No satisfaction of charges are pending to be filed with ROC.

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 There have been no revaluation of Plant, Property and Equipment during the current year.

h The Company has not entered into scheme of arrangement in current or previous financial year.

i 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.

j 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.

34    Previous year's figures have been regrouped/reclassified wherever required.