vii. Provisions and contingent liabilities

A provision is recognized when:

The Company has a present obligation (legal or constructive) as a result of a past event. It is probable that an outflow of
resources embodying economic benefits will be required to settle the obligation and a 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 may not, require an outflow of resources. A contingent liability also arises in extreme cases where there is a
probable liability that cannot be recognised because it cannot be measured reliably.

Where there is a possible obligation or a present obligation such that the likelihood of outflow of resources is remote, no
provision or disclosure is made

viii. Impairment of assets

As at the end of each accounting year, the company reviews the carrying amounts of its Property, Plant and Equipment
and investments in subsidiary to determine whether there is any indication that those assets have suffered an impairment
loss. If such indication exists, the said assets are tested for impairment so as to determine the impairment loss, if any.

xi. Financial Instruments By Category
Fair values hierarchy

Financial assets and financial liabilities are measured at fair value in the financial statement and are grouped into three levels
of a fair value hierarchy. The three Levels are defined based on the observability of significant inputs to the measurement,
as follows:

Level 1: quoted prices (unadjusted) in active markets for financial instruments.

Level 2: inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly
or indirectly.

xii. Segment Reporting:

The Company is in the business of real estate development. In view of the above the company has only one identified
reportable segment.

xiii. Cash Flow Statement

Cash flows are reported using the indirect method, whereby the net profit after tax is adjusted for the effects of transactions
of a non-cash nature, any deferrals or accruals of past or future operating cash receipts or payments and item of income
or expenses associated with investing or financing cash flows. The cash flows from operating, investing and financing
activities of the Company are segregated.

b) LLP in which directors are Partners - Bromelia Trading LLP.

xv. Unpaid/unclaimed dividend for the financial year ended 31.3.2017 is transferred to Investor education and protection fund
during the year.

xvi. There are no dues to suppliers covered under Micro Small and Medium Enterprises Development Act, 2006.

xvii. Financial risk management

Risk management framework: The Company's board of directors has overall responsibility for the establishment and
oversight of the Company's risk management framework. The board of directors are responsible for developing and
monitoring the Company's risk management policies. The Company's risk management policies are established to identify
and analyse the risks faced by the Company, to set appropriate risk limits and controls and to monitor risks and adherence
to limits. Risk management policies and systems are reviewed regularly to reflect changes in market conditions and the
Company's activities. The Company, through its training and management standards and procedures, aims to maintain a
disciplined and constructive control environment in which all employees understand their roles and obligations.

xviii. Employee benefits

Gratuity and Leave encashment is provided on the basis of cost of benefits determined using Projected Unit Cost Method
with actuarial valuation being carried out at each Balance sheet date. Superannuation Fund is contributed into Fund with
LIC. Full provision for liability in this respect has been made in the accounts. Gratuity Disclosure statement-

xix. There are no capital and other commitments as at 31.3.2025.

xx. The Company has not been declared wilful defaulter by any bank or financial institution or government or any government
authority.

xxi. No proceedings have been initiated on or are pending against the Company for holding benami property under the Benami
Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

xxii. The company has not dealt with any struck off companies during the year.

xxiii. There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the
Income Tax Act, 1961, that has not been recorded in the books of account.

xxiv. The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

xxv. Previous year's figures are regrouped where necessary.

As per our report Annexed herewith

For VASANI & THAKKAR .

ADITYA MANGALDAS Chairman and

Chartered Accountants

Firm Registration No 111296W ^{DIN 00032233} Managing Director

^ ^VASANI MAMTA MANGALDAS

^p.^artn.^er .„,7n-so DIN 00021078

Membership No 147038

ASGAR BENGALI GARGI MASHRUWALA _Directors

Chief Financial officer DIN 00032543

Place : Mumbai HUSSAIN SIDHPURWALA ANIL WANI

Date : May 26, 2025 Fompany Secretary DIN 06504762