The future realisation of deferred tax assets depends on the expectation of sufficient taxable profit of the appropriate type (trading profit or capital gain) being available for the offset of deductible temporary differences or unused tax losses. There is a significant increase in amount of Deferred Tax Asset due to the volatility in Equity Market due to Covid-19 leading to fall in Fair Market Value of Investment

MAT Credit Entitlement is allowed to be carried forward for next 15 years and this credit shall be allowed set-off in a year when tax becomes payable on the total income computed in accordance with the provisions of the Income Tax Act,1961 other than section 115JB.

No Estimates are made in Valuation of Financial Assets on Fair Value. There are no financial Liabilities to be recognised in the Financial Statements

Note 27 Financial Risk Management

In the ordinary course of business, the Company is exposed to a different extent to a variety of financial risks: Market Fluctuations, Interest rate risk, Government Policies, liquidity risk, and price risk. In order to minimize any adverse effects on the financial performance of the group, Short Term 8g Long-Term Deposits, Short Term 85 Long Term Advances are Kept with the Bank and other parties with fixed rate of Interest.

Note 28 Capital Management

The Company manages its capital to ensure that the Company entities will be able to continue as a going concern while maximizing the return to the equity holders through optimization of the debt to equity balance. The management of the Company reviews the capital structure on a regular basis. Based on the results of this review, the Company takes steps to balance its overall capital structure through repayments of existing debt liabilities.

Consistent with others in the industry, the group monitors capital on the basis of the optimum gearing ratio of Net debt (comprising total borrowings net of cash 85 cash equivalents and current investment) in proportion to Total Equity.

Note 29 Disclosures under Indian Accounting Standard 108 - Operating Segment

Note There is only one Business segment' and 'Geographical segment'

Note 32(g) Corporate Social Responsibility (CSR)

The company is not covered under section 135 of the Companies Act,2013, hence disclosure under this clause is not required

a) Amount required to be spent by the company during the year, -NA

b) Amount of expenditure incurred during the year, -NA

c) Shortfall at the end of the year, NA

d) Total of previous years shortfall, -NA

e) Reason for shortfall, -NA

f) Nature of CSR activities, -NA

g) Details of related party transactions e.g., contribution to a trust controlled by the company in relation to CSR expenditure as per relevant accounting standard-NA

h) where a provision is made with respect to a liability incurred by entring into a contractual obligation, the movement in the provision during the year should be shown separately. -NA

Note 32(h) Additional Regulatory Information

(i) The Company has not revalued its Property, Plant and Equipment during the year.

(ii) During the year, the company has not granted Loans or Advances in the nature of loans to promoters, directors, KMPs and related parties (as defined under Companies Act, 2013), either severally or jointly with any other person.

(iii) The Company has not been declared wilful defaulter by any bank or financial institution or other lender or government or any government authority.

(iv) The company has no transactions or outstanding balance (payable or receivable) with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

(v) The Company does not have any benami property held in its name. No proceedings have been initiated on or are pending against the Company' for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

(vi) The Company has complied with the requirement with respect to number of layers as prescribed under section 2(87) of the Companies Act, 2013 read with the Companies (Restriction on number of layers) Rules, 2017.

(vii) Utilisation of borrowed funds and share premium.

I. 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 beneficiaries

II. The Company has 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.

(viii) There is no income surrendered or disclosed as income during the year in tax assessments under the Income Tax Act, 1961 (such as search or survey), that has not been recorded in the books of account.

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

(x) The Company does not have any charges or satisfaction of charges which is yet to be registered with Registrar of Companies beyond the statutory period.