(b) Provisions and Contingencies :

The Company recognizes provisions when a present obligation (legal or constructive) as a result of a past
event exists and it is probable that an outflow of resources embodying economic benefits will be required to
settle such obligation and the amount of such obligation can be reliably estimated.

If the effect of time value of money is material, provisions are discounted using a current pre-tax rate that
reflects, when appropriate, the risks specific to the liability. When discounting is used, the increase in the provision
due to the passage of time is recognized as a finance cost.

A disclosure for a contingent liability is made when there is a possible obligation or a present obligation that
may, but probably will not require an outflow of resources embodying economic benefits or the amount of such
obligation cannot be measured reliably. When there is a possible obligation or a present obligation in respect of
which likelihood of outflow of resources embodying economic benefits is remote, no provision or disclosure is
made.

(A) Financial risk management objectives and policies

The Company’s activities expose it to market risk, liquidity risk and credit risk. The Company’s Board of
Directors has overall responcibility for the establishment and oversight of the Company,s risk
management framwork. This note explains the risk which the entity is exposed to and how the entity
manages the risk and the related impact in the financial statements.

(B) Credit risk

Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party
by failing to discharge an obligation.

The company generally does not have trade receivables Hence, the management believes that the
company is not exposed to any credit risk.

(C) Liquidity risk

Liquidity risk is the risk that an entity will encounter difficulty in meeting obligations associated with
financial liabilities that are settled by delivering cash or another financial assets.

The company is not exposed to liquidity risk as there is minimal amount of trade and other payables.
The company measures risk by forecasting cash flows.

The Company’s approach to managing liquidity is to ensure, as far as possible, that it will always have
sufficient liquidity to meet its liabilities when due without incurring unacceptable losses or risking damage
to the Company,s reputation. The company ensures that it has sufficient fund to meet expected operational
expenses, servicing of financial obligations.

Foreign currency risk

The Company has no international transactions and is not exposed to foreign exchange risk.

Interest rate risk

(i) Liabilities : The Company has no fixed rate borrowings, since neither the carrying amount nor the
future cash flows will fluctuate because of a change in market interest rates. The Company has no
variable rate borrowings.

(ii) Assets : The company has no fixed deposits. Therefore, not subject to interest rate risk as defined
in Ind AS 107, since neither the carrying amount nor the future cash flows will fluctuate because of a
change in market interest rates.

(G) Price risk

Price risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate
because of changes in market prices. The Company is not exposed to price risk.

2. Capital Management

For the purpose of the Company’s capital management, capital includes issued equity capital and all
other equity reserves attributable to the Equity Share-holders of the Company's objective when managing
capital is to safeguard its ability to continue as a going concern so that it can contibue to provide returns
to shareholders and other stake holders.

* The differance in ratio's due to decrese in the profitability of The Company because of increse in Expenses.
As per our Report of even date

For and on behalf of the Board

Place : Kolkata For R K BAJAJ & CO

SANJAY KR. SHAH UMA NATH SINGH _d A^O.Z^ntS

^{Dated :} 30-05-2025 DIRECTOR DIRECTOR

DIN : 00109444 DIN : 00301884 ^{FIRM Regn}- N°. : 3¹⁴¹⁴0E

(R K BAJAJ )

RASHMI BOTHRA Proprietor

^{COMpANY SECRET}A^RY Membership No. 051715