a. The title in respect of self-constructed 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 favour of the lessee), disclosed in the financial statements included under Property, Plant and Equipment are held in the name of the Company as at the balance sheet date.

b. The Company does not have any Benami property, where any proceeding has been intiated or pending against the Company for holding anv Benami property.

c. The Company has not traded or investee! in Crypto currency or Virtual Currency during the financial year.

e. The Company has not been declared as a wilful defaulter by any lender who has powers to declare a company as a wilful defaulter at any time during the financial year or after the end of reporting period but before the date when the financial statements are approved.

f. The Company does not have any transactions with struck-off companies.

g. The Company has used the borrowings from banks for the specific purpose for which it was obtained.

h. The Company does not have any subsidiaries and therefore, compliance as to the number of layers prescribed under clause (87) of section 2 of the Companies Act 2013 read with Companies (Restrictions on number of Lavers’) Rules, 2017 is not applicable.

i. The company has not advanced or loaned or invested funds to any other person(s) or entity (is), including foreign entitiesfintermediaries), with the understanding that the intermediary" shall;

i. Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever bv or on behalf of the Company (Ultimate Beneficiaries), or

ii. Provide any guarantee, security' or the like to or on behalf of the Ultimate Beneficiaries.

j. The Company has not received any funds from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall;

i. Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever bv or on behalf of the Funding Party (Ultimate beneficiaries), or

ii. Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

k. The Company does not have any transactions which is not recorded in the books of accounts but has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

1. Quarterly returns or statements of current assets filed by the Company with banks are generally in agreement with the books of accounts and diferrences are not material.

m. The Company does pot have any charges or satisfaction, as on the date of this report, which is yet to be registered with the Registrar of Companies (ROC) beyond the statutory period.

n. The management confirms that the accounting software used by the Company for maintaining books of account has a feature of recording audit trail (edit log) facility which has been operated throughout the year for all transactions recorded in the software and the audit trail feature is not being tampered with

ex rent software maintain!: In vs nf nnhi latest data rhanaed in the records..

26 Physical verification of inventories was not carried out by the Auditors. Inventories and valuation thereof are, therefore, taken as verified, valued and certified by the management of the Company. In respect of valuation of inventories, adequate documents and details for valuation of the inventories were, not made available to the Auditors. In absence of such information and appropriate audit evidence, the Auditors have relied upon the explanations furnished to them by the management.

27 The Company is in the process of filing a petition before the National Company Law Board Tribunal (NCLT) for reduction of share capital in respect of 18,00,000 equity shares of Rs. 10 each allotted to the promoter, Mr. Narendrasinh Chauhan, at the price of Rs. 14 upon conversion of share warrants on 8^th May, 2023. The said proposal has been approved by the members by special resolution passed in the extra-ordinary general meeting of the Company held on 23^rd January 2024 subject to the necessary approval by NCLT.

28 Balances for trade receivables, advances from customers, trade payables, balances with some of the banks and for advances are subject to confirmations from the respective parties. In absence of such confirmations, balances as per books have been relied upon by the Auditors.

29 The management of the Company has, during the year, carried out technological evaluation for identification of impairment of assets, if any, in accordance with the Accounting Standard AS-28. Based on the Judgment of the management and as certified by the Directors, no provision for impairment is found to be necessary in respect of any of the assets.

30 As the Company's business activity, in the opinion of the management, falis within a single primary segment subject to the same risks and returns, the disclosure requirements of Accounting standard AS-17 "Segment Reporting" are not applicable.

31 All the amounts are stated in Indian Rupees, unless otherwise stated.

32 Previous year's figures are regrouped and rearranged, wherever necessary.