(viii) . SEGMENT REPORTING:

In terms of AS-17 on “Segment Reporting” the company neither has more than one business segment nor more than one geographical segment requiring separate disclosures as there are no more distinguishable component or economic environments of the enterprise engaged in providing individual product or service or a group of related products or services and the same are not subjected to different risks and returns either of business or geographical segments.

(ix) . EARNING PER SHARE:

The basic earnings per Share is calculated by dividing the Net profit or loss for the year attributable to Equity Shareholders by the weighted average number of equity shares outstanding during the year. The basic and diluted EPS are same as the company has no potential Equity shares.

(x) . RELATED PARTY TRANSACTION:

Disclosure of transactions with Related Parties, as required by “Accounting Standard 18-Related Party Disclosure” has been set out in the Notes on Financial Statements. Related Parties have been identified on the basis of representations made by key

managerial personnel and information available with the Company.

(xi) . TAXES ON INCOME:

Current tax is determined as the amount of tax payable in respect of taxable income for the year. Deferred tax is recognized, on timing difference, being the difference between taxable incomes and accounting income that originate in one period and are capable of reversal in one or more subsequent periods. Where there is unabsorbed depreciation or carry forward losses, deferred tax assets are recognized if there is virtual certainty that sufficient future taxable income will be available against which such assets can be realized. Other deferred tax assets are recognized only to the extent there is reasonable certainty of realization in future. Such assets are reviewed at each Balance sheet date to reassess realization. Deferred tax assets and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

(xii) . PROVISION, CONTINGENT LIABILITIES AND CONTINGENT ASSETS:

Provisions involving substantial degree of estimation in measurement are recognized when there is a present obligation as a result of past events and it is probable that there will be an outflow of resources. Contingent Assets are neither recognized nor disclosed in the financial statements.

21. ADDITIONAL NOTES TO FINANCIAL STATEMENTS:

21.1 CONTINGENT LIABILITIES NOT PROVIDED FOR:

There are no contingent liabilities which are not provided for.

21.2 EARNINGS PER SHARE (EPS):

21.3 In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business. The provisions for all known liabilities are adequate and not in excess of the amount reasonably necessary.

21.4 Balances of Debtors, Creditors and Loans & Advances are subject to confirmation.

Adjustments, if any, will be made at the time of reconciliation of accounts. The confirmation in respect of sundry creditors has been called for during the year.

21.5 RELATED PARTY TRANSACTIONS:

List of Related Party with whom transaction were effected during the year :

22. Title deeds of immovable Property are held in name of the Company, there is no such property whose title is not in the name of Company.

23. The Company has not revalued its Property, Plant and Equipment, hence the requirement that the company shall disclose as to whether the revaluation is based on the valuation by a registered valuer as defined under rule 2 of the Companies (Registered Valuers and Valuation) Rules, 2017 is not applicable to the company.

24. The Company has not granted any Loans or Advances in the nature of loans to Promoters, Directors, KMP's and related partiers which are repayable on demand or given without specifying terms or period of repayment.

25. The Company does not hold any Benami Property under the Benami Transactions (Prohibitions) Act, 1988.

26. The Company has borrowings from banks or financial institutions on the basis of current assets

(a) During the course of audit, no differences were observed between the books and the quarterly returns or statements of current assets filed by the Company with banks or financial institutions.

(b) No material discrepancies were observed hence the requirement to disclose the summary of reconciliation and reasons of material discrepancies does not arise.

27. The company is not declared as wilful defaulter by any bank or financial institution or other lender.

28. The Company has not entered into any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

29. All the Charges towards assests of the Company are satisfactorily registered with Registrar of Companies.

30. No scheme of arrangement is approved for the company.

31. Borrowed funds has been utilized for the purpose for which the funds were borrowed by the company. The Company has not issued shares at premium.

32. The Company has not traded or invested in Crypto Currency or Virtual Currency.