(xii). PROVISION, CONTINGENT LIABILITIES AND CONTINGENT ASSETS:
Provisions involving substantia! 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.

21.3 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 :

21.7 Previous year's figures have been regrouped / reclassified to make them comparable
with those of the current year, wherever necessary.

21.8 Figures have been rounded off to the nearest rupees.

SIGNATURES TO NOTES 1 TO 21

As per our report of even date attached

For, Ashok Rajpara & Co. For and on behalf of the Board

Chartered Accountants

Firm Registration No : 153195W.~. j \l j

Ashok Rajpara Rajeshkumar R Mittal Preeti R Mittal

M, NO.: 100559 Managing Director Director & CFO

UDIN: DIN:00878934 DIN:0I594555

Place: Ahmedabad Place: Ahmedabad Place: Ahmedabad

Date: 27/05/2025 Date: 27/05/2025 . Date: 27/05/2025