2.1 Rights, Preferences and Restrictions Attached to Shares:

The Company has one class of equity shares having a par value of Re 10 each. Each shareholder is eligible for one vote per share held.

1 Terms/rights attached to equity shares:

i. Each holder of equity shares is entitled to one vote per share.

ii. In the event of liquidation of the Company, the holders of equity shares shall be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts. The amount distributed will be in proportion to the number of equity shares held by the shareholders.

2 The figures disclosed above are based on the summary statement of assets and liabilities of the Company.

3 The Company does not have any Revaluation Reserve.

4 No shares have been bought back during last 5 years immediately preceeding March 31, 2025

5 There are no calls unpaid by the Directors or officers of the company.

SECURITIES

# Kotak Mahindra Bank Term Loan - 2.19 Crores

The Term Loan is secured by the property owned by the Director (Mrs. Jyothi Kailash Kabra) situated at Banglore ## Kotak Mahindra Bank Term Loan - 10.75 Crores

The Term Loan is secured by the property owned by the Director (Mrs. Jyothi Kailash Kabra) situated at Banglore ### Kotak Mahindra Bank Term Loan - 4.36 Crores

The term loan is the top up loan of the Existing loan from Kotak Mahindra Bank and the security provided is as the same provided at the time of original loan.

#### Poonawalla Fincorp Limited

The Loan is secured by the property owned by the company situated at Unit No. 112, First Floor, Retail Plaza "ONE 42",Near Navratna Corporate Park , Ambli-Bopal Road, Opp Jayantilal Park, Bodakdev, Ahmedabad-380058

##### Ratnaafin Capital Private Limited

The Loan is secured by the property owned by Kailash Satyanarayan Kabra situated at Plot no. 41,Emerald Park , Nr. Jal Manjar , Nr. Shedfa Cross Road,Shedfa, Kalol ,Mehsana-382728

Terms of Repayment of Vehicle Loans

- Auto Premium loan repayable in 48 monthly installment of ? 97,700/- started from 5th October, 2020.

- Toyota Auto loan repayable in 36 monthly installment of ? 95,469/- started from 20th August, 2024.

- Bank of India Loan repayable in monthly installment of ' 19,765/- started from 09th December 2022

HDFC BMW Loan repayable in 36 monthly installment of ' 1,23,941/- started from 07th April 2023 (The BMW Loan has

- been taken over by HDFC Bank)

- Mahindra and Mahindra XL6 Loan repayable in 36 monthly installment of 34,955/- started from 10th March 2024

- HDFC XUV Loan repayable in 39 monthly installment of 59,310/- started from 05th June 2023

- HDFC Grand I10 Loan repayable in 48 monthly installment of 17,636/- started from 07th July 2023

- HDFC Grand I10 repayable in 48 monthly installment of 17,636/- started from 07th July 2023

- Indian Bank -XUV repayable in 60 monthly installment of 41,614/- started from 07th March 2025

- Bank of Baroda -Rangerover repayable in 60 monthly installment of 1,78,107/- started from 10th April 2025

Terms of Repayment of Term Loans

Kotak Mahindra Bank Loan - 10.75 crores repayble in 120 monthly installment of ?12,48,167/- started from 10th October,

- 2021

Kotak Mahindra Bank Loan - 4.36 crores repayble in 84 monthly installment of ?7,01,484/- started from 10th June,2023

Kotak Mahindra Bank Loan - 2.19 crores repayble in 120 monthly installment of ?2,83,381/- started from 10th August,

_- 2024

Terms of Reypayment of Loans from NBFCs

Poonawalla Fincorp Limited - 4.95 crores repayable in 180 monthly installment of ? 5,02,062/- started from 5th July,2023

Ratnaafin Capital Private Limited - 5.00 crores repayable in 120 monthly installment of ? 7,72,965/- started from 10th

- October,2023

Indusind Bank

* Primary Security : Pari passu charge by way of hypothecation of the entire movable assets and current assets of the company with Axis Bank Comprising, inter alia, of stock, receivables, book debts and other current assets both present and future.

Security Conditions for both Movable and Current Assets

Sharing ratio Indusind Bank - 31.03% & Axis Bank - 68.97%

Collateral Security: Fixed Assets: First and exclusive charge on movable fixed assets of the company both present and future except other assets exclusively financed by other bank/FIs. Futher secured by extention of charge by way of EM Of residential property of Saroj S Kabra situated at 10, Aman Villa, Next Swagat Green Villa-2, Hebatpur Road, Thaltej land area 565 Sq. yrd constructed area 550 sqr. yrd. and residential plot of Mr. Kailash Kabra situated at Plot No. 1 , Shipgram VII, Zone D8, Survey No. 186/7A, Village - Laxmanpura, Kadi, Dist. - Mehsana .

** Working capital further secured by personal guarantees from

(1) Kailash Kabra (2) Jyoti Kabra (3) Satyanarayan Kabra and (4) Saroj Kabra

Axis Bank

Primary Security : (1) Pari Passu first charge by way of Hypothecation of all chargeable current assets of the company

* with both present and future, with Indusind bank. (2) Pari Passu first charge by way of hypothecation of entire movable fixed assets of the company , both present and future, with Indusind Bank

Collateral Security : First & Exclusive charge by way of Equitable Mortgage of,

1) Shop No.6, Ground floor, Iscon Center, Beside Tanishq, Shivaranjani Cross Road, Ahmedabd.

2) Commercial property situated at Shop No. 17,18,19,20 Bhakti Residency, Bapunagar, Ahmedabad owned by Mr. Kailash Kabra.

3) Residential property situated at Flat No 14, Wing B, Radiance Residency of TP Scheme no 21, Survey No. 206/1/1/1 situated at Motera, Sabarmati owned by Mr. Kailash Kabra.

4) Residential property open Land situated at Survey No 251/2 and survey no 253, Aaron Sarovar situated at Sanand, Mouje Village Goraj owned by Mrs. Jyothi Kailash Kabra.

5) Residential plot at 1. Shilpgram-7. Zone 08, Survey No 186/7A, Village: Laxampura. Tal:Kadi. Dist: Mahesana Owned by Kailash Satyanarayan Kabra.

6) Residential plot at C-78, Shilpgram-7. Survey No 186/8, Village: Laxampura. Tal:Kadi. Dist: Mahesana Owned by Kailash Satyanarayan Kabra.

7) Immovable Property of Unit no 112. first floor, retail plaza. One 42, Ambli-Bopal Road, Ahmedabad owned by the company.

** Working capital further secured by personal guarantees from

(1) Kailash Kabra (2) Jyoti Kabra (3) Satyanarayan Kabra and (4) Saroj Kabra *** Working capital loans repayable on demand.

^C) Utilization Of Borrowed Funds

(a) During the year, no funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the company to or in any persons or entities, including foreign entities ("Intermediaries"), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company ("Ultimate Beneficiaries") or provide any guarantee, any security or the like on behalf of the Ultimate Beneficiaries.

(b) During the year, no funds have been received by the Company from any persons or entities, including foreign entities ("Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party ("Ultimate Beneficiaries") or provide any

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

^D) Prior Period Items:

Prior period expenses have been adjusted to the carrying amount of surplus of Statement of Profit & Loss.

^E) The Company have no immovable property whose title deeds are not held in the name of the company.

^F) The Company has not revalued its Property, Plant and Equipment during the reporting years.

G) There are no Loans and Advances in the nature of loans that are granted to promoters, directors, KMP's I and the related parties either severally or jointly with any other person, that are repayable on demand.

H) There are no proceedings initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988).

^I) During the year, the Company has not remitted any amount in foreign currencies on account of dividend.

J) The Company has not incurred any expenses or not earned any income in foreign currency for the period under review.

^L) The Company is not declared as willful defaulter by any bank or financial institution or other lender.

M) The Company has no subsidiaries with one layer prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017.

N) No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to I 237 of the Companies Act, 2013.

O) 1) The company has communicated suppliers to provide confirmations as to their status as Micro, Small or Medium Enterprise registered under the applicable category as per the provisions of the Micro, Small and Medium Enterprises (Development) Act, 2006 (MSMED Act, 2006). The company has classified suppliers into Micro, Small and Medium Enterprises as per the confirmations received by the company upto the date of the financial statements.

2) Based on the classification of MSME suppliers and communication from them, there was no interest claim from any MSME supplier in respect of which the company was liable to provide for any interest on delayed payment beyond the agreed period of payment to respective supplier. The company was not liable to provide for any interest liability in respect of delayed payment.

P) In the opinion of the Board of Directors, Current Assets & Loans and Advances have a value on realization in the ordinary course of business equal to the amount at which they are stated in the balance sheet. In the opinion of the Board of Directors, claims receivable against property/goods are realizable as per the terms of the agreement and/or other applicable relevant factors and have been stated in the financial statements at the value which is most probably expected to be realized.

Q) The company has obtained balance confirmation from some of the parties for Unsecured Loans, Sundry I Creditors, Sundry Debtors and parties to whom loans/advance have been granted. All other balances of debtors and creditors, loans and advances and unsecured loans are subject to confirmation and subsequent reconciliation, if any.

R) Undisclosed Income:

1) Transaction not recorded in the books of accounts that have been surrendered or disclosed as income in tax assessments under Income Tax Act, 1961 - NIL (Previous year - NIL)

2) Previously unrecorded income and related assets which have been properly recorded in the books of accounts during the year - NIL (Previous year - NIL)

^S) The Company have not traded or invested in Crypto currency during the period under review.

T) Relationship with Struck off Companies:

The company does not have any transaction with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956, during the current year and in the previous year.

U) Management has not provided detailed bifurcation of GST and non GST expenses as well as GST credit and Payable is subject to GST Audit. There may be variation in GST receivable mentioned in books of accounts and actual GST Receivable, however no reconciliation / documents available for verification.

V) The previous year’s figures have been reworked, regrouped and reclassified wherever necessary so as to make them comparable with those of the current period.

W) The financial statements have been presented in INR in Lakhs rounded to two decimal points as per amendment to Schedule III to the Companies Act, 2013. The negative figures have been shown in brackets.