Pursuant to the Board ofDirector's resolution dated June 15.2023 the Company issued 10,00,000 equity shares of face value ofRs 10/- on a Rights Basis to the existing shareholders of the Company in the ratio of 1:1 (1 equity share for 1 share held).

During the FY 2023-24, the Company increased its Authorised Capital from 20,00,000 equity shares of Rs 10 each aggregating to Rs 200 Lakhs to 50,00,000 equity shares of Rs 10 each aggregating Rs 500 lakhs vide shareholders approval dated 25/04/2023.

(ii) Rights, preferences and restrictions attached to shares

Equity Shares: The Company has one class of equity shares. Each shareholder is eligible for one vote per share held. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case of interim dividend. 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.

(i) The title deeds in respect of Land and Buildings and title deeds of all other immovable properties( other than properties where the company is the lessee and the lease agreements

are duly executed in favoour of the lessee), disclosed in the financial statements included under Property, Plant and Equipment are held in the name of the Companyas at the balancesheet date.

(ii) The Company has not revalued any of its Property, Plant and Equipment and intangible assets during the year.

(iii) The Company does not have any Capital Work in Progess, Intangible assets under development(ITAUD) during the year.

(B) Defined Contribution Plan Provident fund and pension

In accordance with the Employee’s Provident Fund and Miscellaneous Provisions Act, 1952, eligible employees of the Company are entitled to receive benefits in respect of provident fund, a defined contribution plan, in which both employees and the Company make monthly contributions at a specified percentage of the covered employees’ salary. The contributions, as specified under the law, are made to the employee provident fund organization (EPFO).

33 Title Deed of Property Held in the name of Company .

During the FY 2023-24 the Company has Purchased Land and Building situated at Plot No 22, Amalgamated Industrial Complex, Mumbai Nashik Road, Near Diamond Retreat Hotel, Village - Asangaon, Taluka - Shahapur, Thane - 421601 during the year . The company has entered into registered Purchase Agreement Dated 24.01.2024 with the buyer.