p. Provisions, Contingent Liabilities & Contingent Assets

Provisions are recognized when the Company has a present obligation (legal or constructive) as a result of a past
event, and it is probable that the Company will be required to settle the obligation, and a reliable estimate can be
made of the amount of the obligation.

The amount recognized as a provision is the best estimate of the consideration required to settle the present
obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the
obligation. When a provision is measured using the cash flows estimated to settle the present obligation, its carrying
amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third
party, a receivable is recognized as asset if it is virtually certain that reimbursement will be received and the amount
of the receivable can be measured reliably.

r. Disclosures required under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006

The Company has no dealing with any party registered under the Micro, Small and Medium Enterprises
Development Act, 2006.

s. Cash and cash equivalent

Cash and cash equivalents in the balance sheet comprise cash at banks and on hand and demand deposits with an
original maturity of three months or less and highly liquid investments that are readily convertible into known
amounts of cash and which are subject to an insignificant risk of changes in value net of outstanding bank overdrafts
as they are considered an integral part of the Company’s cash management.

t. Related party transaction

As per the Ind AS 24, the disclosures of transactions with the related parties are given below -:

u. Event occurring after the date of balance sheet

Where material event occurring after the date of the balance sheet are considered up to the date of approval of
accounts by the board of director

v. Recoverability of trade receivables

Required judgments are used in assessing the recoverability of overdue trade receivables and for determining
whether a provision against those receivables is required. Factors considered include the credit rating of the
counterparty, the amount and timing of anticipated future payments and any possible actions that can be taken to
mitigate risk of non-payment.

w. The Company has reclassified/regrouped previous year figures where necessary to confirm to the current year’s
classification

For SSRV& ASSOCIATES For and on behalf of the Board of Directors

(CHARTERED ACCOUNTANTS)

ICAI FRN. 135901W

SAMIT RAY BAPPA MITRA

(Managing Director) (Director)

CA VISHNU KABRA DIN-08406285 DIN-08405997

Partner

Membership No. 403437
Place: Kolkata
Date: 27.05.2025
UDIN: 25403437BMIORG5224

SUNITA SHOW KHUSHBOO PITTI

(CFO) (CS)

PAN-OOYPS0597N PAN-BQAPS7087N