Based on the intimation received by the Company, none of the suppliers have confirmed to be registered under “The Micro, Small and Medium Enterprises Development (‘MSMED') Act, 2006”. Accordingly, no disclosures relating to amounts unpaid as at the year end together with interest paid /payable are required to be furnished.

*The 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. The amount of principal and interest outstanding during the year is given below.

Terms/ rights attached to equity shares:

The company has only one class of equity shares having par value of Rs 10 per share. Each holder of equity shares is entitled to one vote per share and entitled to receive dividends as declared from time to time.

During the year ended 31st March,2025, no dividend (Previous Year Nil) is declared by the Board of Directors.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Statutory Reserve pursuant to Section 45-IC of the RBI Act, 1934

Every non banking financial company shall create a reserve fund to transfer therein a sum not less than twenty per cent of its net profit every year as disclosed in the statement of profit and loss and before any divident is declared

Fair Value Hierarchy

This section explains the judgements and estimates made in determining the fair values of the financial instruments that are (a) recognised and measured at fair value and (b) measured at amortised cost and for which fair values are disclosed in the financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the Company has classified its financial instruments into the three levels prescribed under the accounting standard. An explanation of each level follows underneath the table

Level 1 hierarchy includes financial instruments measured using quoted prices in active markets for identical assets or liabilities that the Company can access at measurement date.

Level 2: The fair value of financial instruments that are not traded in an active market is determined using valuation techniques which maximise the use of observable market data and rely as little as possible on entity-specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included in level 2.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3.

The carrying amounts of trade receivables, trade payables, capital creditors and cash and cash equivalents are considered to be the same as their fair values, due to their short-term nature.

The Company gives loans / taken borrowings at market rates. The fair value of these loans approximates the carrying amount.

For financial assets and liabilities that are measured at fair value, the carrying amounts are equal to the fair values.

Note 31: CAPITAL MANAGEMENT

The primary objective of the Company’s capital management policy is to ensure that the Company complies with externally imposed capital requirements and maintains healthy capital ratios in order to support its business and to maximize shareholder value. The Company manages its capital structure and makes adjustments to it in light of changes in economic conditions and requirements of the financial covenants. In order to maintain or adjust the capital structure, the Company may adjust the amount of dividend payment to shareholders, return capital to shareholders or issue capital securities. No changes have been made to the objectives, policies and processes from the previous years. However, they are under constant review by the Board.

Regulatory capital consists of Tierl capital which comprises share capital, share premium, and retained earnings including current year profit. The other component of regulatory capital is Tier 2 capital instruments. Refer Note 36 (xii) for the company's capital ratios.

FINANCIAL RISK MANAGEMENT

Risk Disclosures

Company’s risk is managed through an integrated risk management framework, including ongoing identification, measurement and monitoring, subject to risk limits and other controls. This process of risk management is critical to the Company’s continuing profitability and each individual within the Company is accountable for the risk exposures relating to his or her responsibilities. It is the Company’s policy to ensure that a robust risk awareness is embedded in its organisational risk culture

The Company’s principal financial liabilities comprise borrowings, trade and other payables, interest accrued and advances. The main purpose of these financial liabilities is to finance the Company’s operations.

The Company’s principal financial assets includes loans, cash and cash equivalents, deposits with bank, interest accrued and advances.

The Company is exposed to market risk, interest rate risk, credit risk and liquidity risk .

All activities for risk management purposes are carried out by the teams that have the appropriate skills, experience and supervision.

A. Market Risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risk: interest rate risk, currency risk and other price risk, such as equity price risk and commodity risk. Financial instruments affected by market risk borrowings, short term deposits and derivative financial instruments.

The Company's fixed rate borrowings are carried at amortised cost. They are therefore not subject to interest rate risk as defined in Ind AS 107, since neither the carrying amount nor the future cash flows will fluctuate because of a change in market interest rates.

i) Interest Rate Risk

Interest rate risk arises from the possibility that changes in interest rates will affect future cash flows or the fair values of financial instruments. The core business of the company is providing loans. The company borrows through various financial instruments to finance its core lending activity. These activities expose the company to interest rate risk.

Company does not have any floating rate borrowing. The Company's fixed rate borrowings are carried at amortised cost. They are therefore not subject to interest rate risk as defined in Ind AS 107, since neither the carrying amount nor the future cash flows will fluctuate because of a change in market interest rates.

B. Credit Risk

Credit risk is the risk that the Company will incur a loss because its customers or counteparties fail to discharge their contractual obligations. The Company manages and control credit risk by setting limits on the amount of risk it is willing to accept for individual counterparties The Company is exposed to credit risk mainly from its loans.

The Company continously monitors all assets subject to Expected Credit Losses. In order to determine whether an instrument or a portfolio of instruments is subject to 12 months Expected Credit Losse or lifetime Expected Credit Losse, the Company assesses whether there has been a significant increase in credit risk since initial recognition.

C. 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. Liquidity risk arises because of the possibility that the Company might be unable to meet its payment obligations when they fall due as a result of mismatches in the timing of the cash flows under both normal and stress circumstances. Such scenarios could occur when funding needed for illiquid asset positions is not available to the Company on acceptable terms. The Company’s objective is to, at all times maintain optimum levels of liquidity to meet its cash and collateral requirements. The Company closely monitors its liquidity position and deploys a robust cash management system.

Note 34 : SEGMENT INFORMATION (IND AS 108)

The Company operates mainly in the business segment of fund based financing activity. All other activities revolve around the main business. Further, all activities are carried out within India. As such, there are no separate reportable segments as per the provisions of IND AS 108 on ‘Operating Segments’.

Note 35: Schedule to the Balance Sheet of Non-Deposit taking Non-Banking Financial Company as required in terms of Reserve Bank of India Prudential Norms are annexed hereto.

Note 36: Previous year figures have been regrouped and reclassified wherever considered necessary.

(i) Title deeds of Immovable Property:

The Company does not have any immovable property whose title deeds are not held in the name of the company.

(ii) Revaluation of Property, Plant and Equipment:

The company has not relvalued its Property, Plant and Equipment during the year.

(iii) Revaluation of Intangible Assets:

The company does not have any Intangible Assets during the year.

(iv) Loans or Advances:

During the year, the Company has not provided any loans or advances granted to promoters, directors and

(v) Intangible assets under development ageing schedule:

The company does not have any Intangible asset under development during the year.

(vi) Details of Benami Property held:

No proceedings have been initiated or pending against the company for holding any benami property under the Prohibition of Benami Property Transactions Act, 1988 ( as amended from time to time ) and the rules made thereunder.

(vii) Security of current assets against borrowings:

During the year no current asset is secured against borrowings of the company .

(viii) Wilful Defaulter:

The company has not declared as wilful defaulter by any bank or financial institution or other lender.

(ix) Relationship with struck off Companies:

During the year, the Company has not entered into any transation with struck off companies.

(x) Registration of charges or satisfaction with Registrar of Companies (ROC):

During the year, there was no delay in registration of charges or satisfaction with ROC and no charge is pending for registration.

(xi) Compliance with number of layers of companies:

The company has complied with the requirements of layers as per Section 186 of Companies Act, 201 3.

Note:

The Reserve Bank of India (RBI) issued Master Direction — Reserve Bank of India (Non-Banking Financial Company — Scale Based Regulation) Directions, 2023. These guidelines include the Liquidity Coverage Ratio (LCR), which is applicable to non-deposit taking NBFCs with an asset size exceeding Rs. 5000 Crores. However, the Company does not meet the criteria for LCR applicability, and therefore, the disclosure provisions related to LCR are not applicable to the Company.

(xiii) Compliance with approved Scheme(s) of Arrangements:

The Company has not entered into any scheme of arrangement.

(xiv) Utilisation of Borrowed funds and share premium

Borrowed funds have been utilised for the purpose they have been sanctioned and company does not have share premium during the year.

(xv)

(a) The company has not advanced or loaned or Invested (either from borrowed funds or share premium or any other source 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 orindirectly 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;

(b) The company has not received any fund (which are material either individual 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 Parties ( "Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries;