__I_I_I_____

K Provisions and Contingent Assets :

Provisions are recognised only when there is a present obligation as a result of past events and when a reliable estimat of the amount of the obligation can be made. Contingent liability is disclosed for i) possible obligations, which will be confirmed only by future events not wholly within the control of the company or ii) present obligation arising from past events where it is not probable that an outflow of resources will be required to settle the obligation or a reliable estimate of the amount of the obligation cannot be made. Contingent assests are not recognised in the financial stateme since this may result in the recognition of income that may may never be realised.

L Cash and Cash Equivalents

Cash and cash equivalents comprise cash and cash on deposit with banks and corporations. The Company considers all highly liquid investments with a remaining maturity at the date of purchase of three months or less and that are readily convertible to known amounts of cash to be cash equivalents.

M Provision & Contingent Liability

The company creates a provision when there is a present obligation as a result of past event that probably requires an outflow of resources and reliable estimate can be made of the amount of the obligation. A disclosure for a contingent liability is made when there is a possible obligation or a present obligation that may, but probably will not require an outflow of resources. When there is a possible obligation in respect of which the likelihood of outflow of resources is remote, no provision or disclosure is made.

For S D Jain & Co For Moksh Ornaments Limited

Chartered Accountants FRN: 121521W

Shantilal ? Jain Proprietor

Mem. No. 110218 Director Director

Din No: 05301251 Din No: 05301300

Place: Mumbai .00 .00

Date: 09/05/2024

UDIN: 24110218BKDAS02424

30 EARNING PER SHARE

Basic earnings / (loss) per share amounts are calculated by dividing die profit/loss for die year attributable to equity holders by the weighted average number of equity shares outstanding during the year.

Diluted earnings /(loss) per share amounts are calculated by dividing die profit/loss attributable to equity holders (after adjusting for interest on die convertible preference shares) by die weighted average number of equity shares outstanding during die year plus die weighted average number of equity shares diat would be issued on conversion of all tiie dilutive potential equity shares into equity shares.

33 Balances of Trade Receivables, Trade payables, Short Term Loans and Advances, Long Term Loans and Advances and Short Term Borrowings are subject to confirmation and consequential adjustment, if any

34 In tire Opinion of the Directors :

a. The Current assets, loans and advances are approximately of the value stated, if realized in the ordinary course of business.

b. The provision for all known liabilities are adequate and not in excess of the amount reasonably necessary.

35 Details of dues to micro, small and medium enterprises as defined under MSMED Act 2096 : -

The company is in the process of compiling relevant information from its supplier about their coverage under tire Micro, Small & Medium Enterprises Development Act, 2006. In absence of requisite information from supplier regarding their status under the above said Act, the Company has not made disclosure pertaining to amount outstanding to Micro, Small and Medium enterprise.

36 Segment Reporting

As the Company's principal business activities fall within the single segment viz Trading in Colour Coated Coils", tire disclosure requirement of Accounting Standard 17 on "Segment Reporting" notified by tire Companies ( Accounting Standard) Rules, 2006 are not applicable.

41 Previous year figures

Figures of previous year have been regrouped, rearranged and recast wherever consider necessary to make them compare with current year's figure.

For S D Jain & Co Chartered Accountants

FRN: 121521W For Moksh Ornaments Limited

Sliantilal D Jain Proprietor

Mem.No. 110218 Director Director

Din No : 05301251 Din No : 05301300

Place : Mumbai - .00

Date : 09/05/2024 Managing Director Whole Time Director

UDIN: 24110218BKDAS02424_

(i) Hie Company does not hold any immovable properties whose title deeds are other than in tire name of tire company.

(ii) Tire Company have any investment properties.

(iii) Hie Company has not revalued its Property, Plant and Equipment during die reporting period.

(iv) Tlie Company has not revalued its intangible assets during die repor ting period.

(v) Hie Company has not granted any loans promoters, directors, KMPs and die related parties as defined by die Companies Act, 2013eiflier severally or joindy with other persons.

(vi) Hie company does not have any assets classified as Capital Work-in-Progress in its balance sheet for die repor ting period.

(vii) Hie company does not have any intangible assets under development in its balance sheet for die reporting period.

(viii) No proceeding has been initiated or pending against die company for holding any benami property under die Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder

(ix) Hie Company has availed term loan and has availed cash credit horn Bank.

(x) Hie company has not entered in to any transactions widi companies shuck off under' section 24S of die Companies Act, 2013 or' secbon 560 of Companies Act, 1956 during die reporting period.

Hie company has complied widi die number' of layer's prescribed under' clause (87) of section 2 of die Act read widi die Companies (Keshicdon on number of Layers) Rules, 2017.

(xli) Hie Company has not entered in to any Scheme of Arrangments diat has to be approved by Competent (xiv) Utilisation of Borrowed funds and share premium:

(a) Hie Company has not granted any loan or' invested funds to any per sons ore enhty including foreign endty during die reporting period.

(b) Hie Company has not received any loan or funds from any persons or enhty including foreign enhty for direcdy or' indirecdy investing in odier persons or entities or'

provide any guarantee, security or’ the like on behalf of die Ultimate Beneficiaries.

For S D Jain & Co Chartered Accountants

FRN: 121521W For Moksh Ornaments Limited

SliantilalDJain

Proprietor

Mem.No. 110218 Director Director

Din No: 05301251 Dm No: 05301300

Place: Mumbai - .00

Date : 09/05/2024 Managing Director Whole Time Director

UDIN: 2411021SBKDAS02424_