R. Provisions & Contingencies

A provision is recognized when the company has a present obligation as a result of a past event, when it is
probable that an outflow of resources embodying economic benefits will be required to settle the obligation and
reliable estimate can be made of the amount of the obligation .

S. Segment reporting

Based on the guiding principles given in Indian Accounting Standard 108” Operating Segments” . Ind-AS 108
follows the management approach to Segment Reporting, the Company is engaged in the Trading and
Manufacturing of Garments, Manpower Supply Services &Tour Operator Services in different States, the risk and
reward are different and as such there are three business and geographical segments .

Unallocated Corporate Expenses” include revenue and expenses that relate to initiatives/costs attributable to
the enterprise as a whole .

T. Foreign Exchange Transactions find As -211

Transactions in foreign currencies are recorded at the exchange rate prevailing on the date of transaction .
Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency
closing rates of exchange at the reporting date

Exchange differences arising on settlement or translation of monetary items are recognised in Statement of Profit
and Loss .

V. The Ministry of Micro, Small and Medium Enterprises has issued an Office Memorandum dated 26 August
2008 which recommends that the Micro and Small Enterprises should mention in their correspondence
with its customers the Entrepreneurs Memorandum Number as allocated after filing of the Memorandum .
Disclosure under the Micro, Small and Medium Enterprises Development Act, 2006 ('MSMED Act] However,
as the suppliers did not quote their respective Entrepreneurs Memorandum Number, if any, allotted to
them . The Company has sought information from its vendor’s/ service providers/ Other suppliers
regarding their status under the Micro Small & Medium Enterprises Act . , 2006 however in the absence of
any such confirmation from those parties no amount is classified as payable to MSME Registered entities:

V. No provision has been made on account of interest on overdue amount payable to MSME’s .

W. Previous year figures have been regrouped/ rearranged, wherever necessary to make them comparable with
figures of current year .

X. Additional Disclosure Requirements

i. Registration of Charges or Satisfaction with Registrar of Companies (RO C)

There are no charges or satisfaction yet to be registered with ROC beyond the statutory period .

ii. Compliance with Number of Layers of Companies:

The company have only one subsidiary company (i . e. Mauji Trip Ltd], therefore the company complied with
layers under clause (87] of section 2 of the Act read with Companies (Restriction on number of Layers]
Rules, 2017 .

iii. Utilization of Borrowed Funds and Share Premium

i . The Company has not advanced or loaned or invested funds (either borrowed funds or share premium
or any other sources or kind of funds] to any other person(s] or entity(ies], including foreign entities
(Intermediaries] with the understanding (whether recorded in writing or otherwise] that the
Intermediary shall:

1. 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

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

ii . The Company has not received any fund from any person(s] or entity(ies], including foreign entities
(Funding Party] with the understanding (whether recorded in writing or otherwise] that the Company
shall: -

1. 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

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

iv. Undisclosed Income

There are no transactions which have not been recorded in the books of accounts and which have been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act,
1961.

v. Details of Crypto Currency or Virtual Currency

The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year .

vi. Disclosure of Benami Property

The Company does not possess any benami property under the Benami Transactions (Prohibition] Act,
1985 and rules made there under.

vii. Disclosure of Borrowings

The Company has borrowed money from banks or financial institutions on the basis of security of current
assets .

viii. Wilful Defaulter

The Company has not been declared as Wilful Defaulter by any Bank or Financial Institution or other
Lender.

ix. Title Deeds of Immovable Properties Not Held in Name of the Company

All the title deeds of immovable properties are held in the name of the company.

x. Disclosure on Loans and Advances

The Company has not granted any loans or advances in the nature of loans either repayable on demand or
without specifying any terms or period of repayment, to promoters, directors, KMPs and the related
parties (as defined under the Companies Act, 2013], either severally or jointly with any other person .

For STRG & ASS OCIATES For and on behalf of Board of Directors of

Chartered Accountants SBC Exports Limited

FRN:014826N

(CA Rakesh Gupta) Govindji Gupta Deepika Gupta

Partner Managing Director Director

M.No. 094040 DIN: 01632764 DIN:03319765

Place: New Delhi
Date:21/05/2025

Mukesh Bhatt Hari O m Sharma

Chief Financial O fficer Company Secretary