12.2 Terms and rights attached to equity shares

The company has issued only one class of equity shares having a par value of ^ 10 per share. Each holder of equity shares is entitled to vote per share. The company declares and pays dividend if any, in Indian ^. The dividendproposed by the Board ofDirectors is subject to approval of the shareholders in the ensuing Annual General Meeting.

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 the preferential amount. The distributionwill be in proportion to the number of equity shares held by the shareholder.

12.3 Terms and rights attached to preference shares

The company has issued 6% non- cumulative, non- convertible preference share of ^ 10 each at a premium of ^ 90 each which are compulsorilyredeemable after 20 years from the date ofissue at par value.

The preference shares are having put and call option which can be exercisedby the investor or company respectively at any time before expiry of20 years but not earlier than expiry of3years from the date ofissue withaminimumnotice periodof3 months.

(i) Nature andpurpose ofother reserves General reserve

General reserve is created out of the accumulatedprofits of the Company as per the provisions of Companies Act,2013.

Retained earnings

All the profits made by the Company are transferred to retained earnings from statement of profit and loss.

Other comprehensive income

Other comprehensive income represents balance arising on account of changes in fair value of equity instruments carried at fair value through other comprehensive income and gain/(loss) booked on re-measurement of defined benefit plans.

Security Premiun

Any premiun received on the issue of shares cumulates to this reserve account.

16.1 There are no dues to Micro and Small Enterprises as defined under Micro, Small & Medium Enterprises DevelopmentAct, 2006 which are outstanding for a period more than 45 days as on the balance sheet date.

The above informationregarding Micro and Small Enterprises has been determined on the basis of informationavailable with the Company and has been duly relied upon by the auditors of the Company.

NOTE 29

Segment information:

(a) The Company has identified Four reportable segments viz., trading in shares & securities, fabric, financing of loans and Artificial Intelligence after taking into account the nature of product and services and the differing riskand returns on such products and services. The accounting policies adopted for segment reporting are in line with the accounting policy of the company with following additional policies for segment reporting: -

(i) Revenue and expenses have been identified to a segment on the basis of relation to operating activities of the segment. Revenue and expenses that relate to an enterprise as a whole and are not allocable to a segment on reasonable basis have been disclosed as "Un-allocable".

(ii) Segment Assets and Segment Liabilities represent Assets and Liabilities in respective segments. Assets and liabilities that cannot be allocated to a segment on reasonable basis have been disclosed as "Un-allocable".

NOTE 30

Financial instruments Fair values hierarchy

Financial assets and liabilities measured at fair value in the statement of financial position are grouped into three levels of a fair value hierarchy. The three levels are defined based on the observabilityofsignificant inputsto the measurement, as follows:

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

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 rely as little as possible on entity specific estimates.

Level3: Ifone or more of the significant inputs is not based on observable market data, the instrument is included in level 3.

The management assessed that cash and cash equivalents, trade receivables, other receivables, trade payables and other current financial liabilities approximate their carrying amounts largely due to the short-term maturities of these instruments. The fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale.

Credit risk is the risk that a counterparty fails to discharge its obligation to the Company. The Company's exposure to credit risk is influenced mainly by cash and cash equivalents, trade receivables, Loans and financial assets measured at amortised cost. The Company continuously monitors defaults of customers and other counterparties and incorporates this information into its credit risk controls.

Credit risk management Credit risk rating

The Company assesses and manages credit risk of financial assets based on following categories arrived on the basis of assumptions, inputs and factors specific to the class of financial assets. The Company assigns the following credit ratings to each class of financial assets based on the assumptions, inputs and factors specific to the class of financial assets.

A: Low B: Medium C: High

Life time expected credit loss is provided for trade receivables.

Based on business environment in which the Company operates, a default on a financial asset is considered when the counter party fails to make payments within the agreed time period as per contract. Loss rates reflecting defaults are based on actual credit loss experience and considering differences between current and historical economic conditions.

Assets are written off when there is no reasonable expectation of recovery, such as a debtor declaring bankruptcyor a litigation decided against the Company. The Company continuesto engage with parties whose balances are written off and attempts to enforce repayment. Recoveries made are recognised in statement ofprofit and loss.

Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The Company's approach to managing liquidity is to ensure as far as possible, that it will have sufficient liquidity to meet its liabilities when they are due.

Management monitors rolling forecasts of the Company's liquidity position and cash and cash equivalents on the basis of expected cash flows. The Company takes into account the liquidity of the market in which the entity operates.

Interest rate risk

The Company's fixed rate borrowings are carried at amortised cost. They are therefore not subject to interest rate riskas defined in IndAS 107, since neither the carrying amountnor the future cash flows will fluctuate because of a change in market interest rates.

The borrowings of the company comprises of the loan from Directors which in interest free and repayable on demand.

NOTE 32

Capital management

The Company's objectives when managing capital are to:

- To ensure Company's ability to continue as a going concern, and

- To provide adequate return to shareholders

Management assesses the capital requirements in order to maintain an efficient overall financing structure. The Company manages the capital structure and makes adjustments to it in the light of changes in economic conditionsand the risk characteristics of the underlyingassets. The Company manages its capital requirements byoverseeing the following ratios -

NOTE 35

Additional Regulatory Disclosures

(i) Details of Benami Property held

No proceedings have been initiated on or are pending against the group for holding benami propertyunderthe Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

(ii) Wilful defaulter

The Companyhas not been declared wilful defaulter byany bank or financial institution or government or anygovernment authority.

(iii) Relationship with struck off companies

The Companyhas no transactions with the companies struck off under Companies Act, 2013 or Companies Act, 1956.

(iv) Compliance with number of layers of companies

The Companyhas complied with the number of layers prescribed underthe Companies Act, 2013.

(vi) Compliance with approved scheme(s) of arrangements

The Companyhas not entered into any scheme ofarrangement which has an accounting impact on current or previous financial year.

(vi) Utilisation of borrowed funds and share premium

The Companyhas not advanced or loaned or invested fundsto any other person(s) or entity(ies), includingforeign entities (Intermediaries) with the understandingthat the Intermediary shall:

a. directlyor indirectlylend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (Ultimate Beneficiaries) or

b. provide anyguarantee, securityor the like to or on behalfof the ultimate beneficiaries

The Companyhas not received any fund from any person(s) or entity(ies), includingforeign entities (FundingParty) with the understanding (whether recorded in writing or otherwise) that the Company shall:

a. directlyor indirectlylend or invest in other persons or entities identified in any manner whatsoever by or on behalfof the Funding Party (Ultimate Beneficiaries) or

b. provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

(vii) Undisclosed income

There is no income surrendered or disclosed as income duringthe current or previousyear inthe tax assessments underthe Income Tax Act, 1961,that has not been recorded in the books ofaccount.

(viii) Details of crypto currency or virtual currency

The Company has not traded or invested in crypto currency or virtual currency duringthe current or previous year.

(ix) Valuation of Property, Plant & Equipment, intangible asset and investment property

The Companyhas not revalued its property, plant and equipment or intangible assets or both duringthe current or previousyear.

(x) Title deeds of immovable properties not held in name of the company

All the immovable property held by the company are in its own name.

(xi) Registration of charges or satisfaction with Registrar of Companies

There are no charges or satisfaction which are yetto be registered with the Registrar ofCompanies beyondthe statutory period.

NOTE 37

The IndAS financial statements were approved for issue bythe Board of Directors on 30 May 2025.

NOTE 38

The Companydidnot have any long-term contracts includingderivative contracts forwhich there were anymaterial foreseeable losses. NOTE 39

There has been no delayin transferring amounts, required to be transferred, to the Investor Education and Protection Fund bythe Company. NOTE 40

Previous year's figures have been re- arranged or re- grouped wherever considered necessary.

NOTE 41

Figures in brackets indicate negative (-) figures.

NOTE 42

The company does not have transactions with the companies struck off under section 248 of Companies Act, 2013.