o) Provisions, Contingent Liabilities and Contingent Assets

Provisions are 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 are liable estimate can be made of the amount of the obligation.

If the effect of the 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.

p) Earning Per Share

Basic earnings per equity share are computed by dividing the net profit attributable to the equity
holders of the company by the weighted average number of equity shares outstanding during the
period. Diluted earnings per equity share is computed by dividing the net profit attributable to the
equity holders of the company by the weighted average number of equity shares considered for
deriving basic earnings per equity share and also the weighted average number of equity shares that
could have been issued upon conversion of all dilutive potential equity shares. Dilutive potential

equity shares are deemed converted as of the beginning of the period, unless issued at a later date.
Dilutive potential equity shares are determined independently for each period presented.

The number of equity shares and potentially dilutive equity shares are adjusted retrospectively for all
periods presented for any share splits and bonus shares issues including for changes effected prior to
the approval of the financial statements by the Board of Directors.

q) Financial instruments

A financial instrument is any contract that gives rise to a financial asset of one entity and a financial
liability or equity instrument of another entity Initial recognition

The company recognizes financial assets and financial liabilities when it becomes a party to the
contractual provisions of the instrument. All financial assets and liabilities are recognized at fair value
on initial recognition. Transaction costs that are directly attributable to the acquisition or issue of
financial assets and financial liabilities that are not at fair value through profit or loss are added to the
fair value on initial recognition.

Subsequent measurement

For the purpose of subsequent measurement financial assets is classifies in three broad categories:

A. Non-derivative financial instruments

(i) Debt instrument carried at amortized cost A debt instrument is subsequently measured at
amortized cost if it is held within a business model whose objective is to hold the asset in order
to collect contractual cash flows and the contractual terms of the financial asset give rise on
specified dates to cash flows that are solely payments of principal and interest on the principal
amount outstanding.

(ii) Financial assets at fair value through other comprehensive income

A financial asset is subsequently measured at fair value through other comprehensive income
if it is held within a business model whose objective is achieved by both collecting contractual
cash flows and selling financial assets and the contractual terms of the financial asset give rise on
specified dates to cash flows that are solely payments of principal and interest on the principal
amount outstanding. The Company has made an irrevocable election for its investments which
are classified as equity instruments to present the subsequent changes in fair value in other
comprehensive income based on its business model. Further, in cases where the company
has made an irrevocable election based on its business model, for its investments which are
classified as equity instruments, the subsequent changes in fair value are recognized in other
comprehensive income.

(iii) Financial assets at fair value through profit or loss

Assets that do not meet the criteria for amortised cost or FVOCI are measured at fair value
through statement ofprofit or loss. A gain or loss on a debt investment that is subsequently
measured at fair value through statement ofprofit or loss is recognised in statement of profit
or loss in the period in which it arises. Interest income from thesefinancial assets is included in
other income.

iv) De-recognition of financial assets

A financial asset is derecognised only when:

- The Company has transferred the rights to receive cash flows from the financial asset or

- retains the contractual rights to receive the cash flows of the financial asset, but assumes a contractual
obligationto pay the cash flows to one or more recipients.

Where the entity has transferred an asset, the Company evaluates whether it has transferred

substantially all risksand rewards of ownership of the financial asset. In such cases, the financial asset
is derecognised. Where the entity has not transferred substantially all risks and rewards of ownership
of the financial asset, the financial asset is noted recognised.

Where the entity has neither transferred a financial asset nor retains substantially all risks and rewards
of ownershipof the financial asset, the financial asset is derecognised if the Company has not retained
control of the financialasset. Where the Company retains control of the financial asset, the asset is
continued to be recognised to theextent of continuing involvement in the financial asset.

(iv) Financial liabilities

i) Classification

Debt and equity instruments issued by the Company are classified as either financial liabilities
or as equity inaccordance with the substance of the contractual arrangements and the definition
of a financial liability and anequity instrument.

An equity instrument is any contract that evidences a residual interest in the assets of an entity
after deductingall of its liabilities.

ii) Measurement

Financial liabilities are initially recognised at fair value, reduced by transaction costs (in case
of financial liabilitynot at fair value through statement of profit or loss), that are directly
attributable to the issue of financial liability. After initial recognition, financial liabilities are
measured at amortised cost using effective interest method. Theeffective interest rate is the
rate that exactly discounts estimated future cash outflow (including all fees paid, transaction
cost, and other premiums or discounts) through the expected life of the financial liability, or,
whereappropriate, a shorter period, to the net carrying amount on initial recognition. At the time
of initial recognition, there is no financial liability irrevocably designated as measured at fair
value through statement of profit andloss.

iii) Impairment of Financial Assets

The Company recognizes loss allowances using the expected credit loss (ECL) model for the
financial assets whichare not fair valued through statement of profit or loss. Loss allowance
for trade receivables with no significant financingcomponent is measured at an amount equal
to lifetime ECL. For all other financial assets, expected credit losses aremeasured at an amount
equal to the 12-month ECL, unless there has been a significant increase in credit risk frominitial
recognition in which case those are measured at lifetime ECL. The amount ofexpected credit
losses (orreversal) that is required to adjust the loss allowance at the reporting date is recognized
as an impairment gain orloss in statement of profit and loss.

For trade receivables only, theCompany applies the simplified approach permitted by IndAS
109 Financial Instruments, which requires expected lifetime losses to be recognized from
initial recognition of the receivables. As a practicalexpedient, the Company uses a provision
matrix to determine impairment loss of its trade receivables. The provisionmatrix is based
on its historically observed default rates over the expected life of the trade receivable and is
adjustedfor forward looking estimates. The ECL loss allowance (or reversal) during the year is
recognized in the statement ofprofit and loss.

iv) Derecognition:

A financial liability is derecognised when the obligation under the liability is discharged or
cancelled or expires.When an existing financial liability is replaced by another from the same
lender on substantially different terms, or the terms of an existing liability are substantially
modified, such an exchange or modification is treated as thede-recognition of the original
liability and the recognition of a new liability. The difference in the respective carrying amounts
is recognised in the statement of profit and loss.

v) Trade and other payables

Trade and other payables represent liabilities for goods and services provided to the Company
prior to the end of financial year which are unpaid. They are recognised initially at their fair
value and subsequently measured amortised cost using the effective interest method.

Offsetting financial instruments

Financial assets and liabilities are offset and the net amount is reported in the balance sheet
where there is a legallyenforceable right to offset the recognised amounts and there is an
intention to settle on a net basis or realise the asset and settle the liability simultaneously. The
legally enforceable right must not be contingent on future eventsand must be enforceable in the
normal course of business and in the event of default, insolvency or bankruptcy of theCompany
or the counterparty.

vi) Investment in Subsidiaries, Associates and Joint Ventures

Investment in subsidiaries, associates and joint ventures carried at cost in the separate financial
statements

vii) Trade receivables

Trade receivables are recognised initially at fair value and subsequently measured at amortised
cost using the effective interest method, less provision for impairment.

viii) Cash and cash equivalents

Cash and short-term deposits in the statement of financial position comprise cash at banks and
on hand and short-term deposits with a maturity of three months or less, which are subject to an
insignificant risk of changes in value. Cash and cash equivalents consist of balances with banks
which are unrestricted for withdrawal and usage.

B. Derivative financial instruments

Initial recognition and subsequent measurement

The company holds derivative financial instruments such as foreign exchange forward and option
contracts to mitigate the risk of changes in exchange rates on foreign currency exposures. The
counterparty for these contracts is generally a bank.

Financial assets or financial liabilities, at fair value through profit or loss

This category has derivative financial assets or liabilities which are not designated as hedges. Although
the company believes that these derivatives constitute hedges from an economic perspective, they
may not qualify for hedge accounting under Ind AS 109, Financial Instruments. Any derivative that is
either not designated a hedge, or is so designated but is ineffective as per Ind AS 109, is categorized
as a financial asset or financial liability, at fair value through profit or loss.

Cash flow hedge

The company designates certain foreign exchange forward contracts as cash flow hedges to mitigate
the risk of foreign exchange exposure on highly probable forecast cash transactions. When a derivative
is designated as a cash flow hedging instrument, the effective portion of changes in the fair value
of the derivative is recognized in other comprehensive income and accumulated in the cash flow
hedging reserve. Any ineffective portion of changes in the fair value of the derivative is recognized
immediately in the net profit in the statement of profit and loss. If the hedging instrument no longer
meets the criteria for hedge accounting, then hedge accounting is discontinued prospectively. If the
hedging instrument expires or is sold, terminated or exercised, the cumulative gain or loss on the
hedging instrument recognized in cash flow hedging reserve till the period the hedge was effective
remains in cash flow hedging reserve until the forecasted transaction occurs. The cumulative gain

or loss previously recognized in the cash flow hedging reserve is transferred to the net profit in the
statement of profit and loss upon the occurrence of the related forecasted transaction. If the forecasted
transaction is no longer expected to occur, then the amount accumulated in cash flow hedging reserve
is reclassified to net profit in the statement of profit and loss.

r) Fair Value Measurement

The Company measures financial instruments such as derivatives and certain investments, at the fair
value at each balance sheet date.

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date. The fair value measurement is
based on the presumption that the transaction to sell the asset or transfer the liability takes place
either:

(i) In the principal market for the asset or liability. Or

(ii) In the absence of a principal market, in the most advantageous market for the assets or liability.

The principal or the most advantageous market must be accessible by the Company. The fair value
of an asset or a liability is measured using the assumptions that market participants would use when
pricing the asset or liability, assuming that market participants act in their economic best interest.

A fair value measurement of a non-financial assets takes into account a market participant's ability to
generate economic benefits by using the assets in its highest and best use or by selling it to another
market participant that would use the asset in its highest and best use.

The company uses valuation techniques that are appropriate in the circumstances and for which
sufficient data are available to measure fair value, maximizing the use of relevant observable inputs
and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is
measured or disclosed in the financial statements are categorized within the fair value hierarchy,
described as follows, based on the lowest level input that is significant to the fair value measurement
as whole:

Level 1 - Quoted (unadjusted) market prices in active markets for identical assets or liabilities

Level 2 - Valuation techniques for which the lowest level input that is significant to the fair value
measurement is directly or indirectly observable

Level 3 - Valuation techniques for which the lowest level input that is significant to the fair value
measurement is unobservable

For assets and liabilities that are recognized in the balance sheet on a recurring basis, the Company
determines whether transfers have occurred between levels in the hierarchy by reassessing
categorization (based on the lowest level input that is significant to the fair value measurement as a
whole) at the end of each reporting period. For the purpose of fair value disclosures, the company has
determined classes of assets and liabilities on the basis of the nature, characteristics and risks of the
asset or liability and the level of the fair value hierarchy as explained above.

1.4. Critical accounting estimates and judgments

The preparation of financial statements in conformity with Indian Accounting Standards (Ind AS) requires
management to make judgments, estimates and assumptions that affect the reported amounts of revenues,
expenses, assets and liabilities and disclosure of contingent liabilities at the end of the reporting period.
Although these estimates are based upon management's best knowledge of current events and actions,
uncertainty about these assumptions and estimates could result in the outcomes requiring a material
adjustment to the carrying amounts of assets or liabilities in future periods. Critical accounting estimates
and Judgments a.

a. Useful lives of Property, plant and equipment

Property, plant and equipment represent a significant proportion of the asset base of the company.
The charge in respect of periodic depreciation is derived after determining an estimate of an asset's
expected useful life and the expected residual value at the end of its life. The useful lives and residual
values of property, plant and equipment are determined by the management based on technical
assessment by internal team and external advisor. The lives are based on historical experience with
similar assets as well as anticipation of future events, which may impact their life, such as changes
in technology. The Company believes that the useful life best represents the period over which the
Company expects to use these assets.

b. Contingent liability

Management judgement is required for estimating the possible outflow of resources, if any, in respect
of contingencies/claim/ litigations against the Company as it is not possible to predict the outcome of
pending matters with accuracy.

c. Income taxes

The calculation of the Company's tax charge necessarily involves a degree of estimation and judgement
in respect ofcertain items whose tax treatment cannot be finally determined until resolution has been
reached with the relevant taxauthority or, as appropriate, through a formal legal process. The Company
reviews at each balance sheet date the carrying amount of Income Tax /deferred tax Liabilities.

d. Defined benefit plans (gratuity)

The Company's obligation on account of gratuity is determined based on actuarial valuations.An
actuarial valuation involves making various assumptions that may differ from actual developments in
the future. Theseinclude the determination of the discount rate, future salary increases and mortality
rates. Due to the complexities involvedin the valuation and its long-term nature, these liabilities are
highly sensitive to changes in these assumptions. All assumptions are reviewed at each reporting
date.

The parameter most subject to change is the discount rate. In determining the appropriate discount
rate, the management considers the interest rates of government bonds in currencies consistent with
the currencies of the post-employment benefit obligation.

e. Insurance and other Claims

Insurance claims are recognized when the Company has reasonable certainty of recovery. Subsequently
any change in recoverability is provided for.

f. Impairment of Financial Assets

The impairment provisions for financial assets are based on assumptions about risk of default and
expected loss rates. The Company uses judgement in making assumptions and selecting the inputs to
the impairment calculation, based on Company's past history, existing market conditions as well as
forward estimate at the end of each reporting period.

(ii) Rupees Term Loan sanctioned by Indian Bank is secured by first charge on company's immoveable & moveable
assets located at Howrah, (West Bengal). Loan is further secured by personal guarantee of T T Brands Limited, Shri
Sanjay Kumar Jain, Managing Director & Smt. Jyoti Jain, Joint Managing Director of the Company. Term Loan carry
ROI @ 9% p.a.

(iii) Rupees Term Loan sanctioned by HDFC Bank is secured by first charge on company's immoveable & moveable assets
located at Avinashi, Distt. Tripur (Tamilnadu). Loan is further secured by personal guarantee of Shri Rikhab C. Jain,
Chairman and Shri Sanjay Kumar Jain, Managing Director & Smt. Jyoti Jain, Joint Managing Director of the Company.
Term Loan carry ROI @9.40% p.a.

(iv) Term Loan from LIC is against Keyman Insurance Policy

(v) Borrowings from Directors and others is the amount inducted by the promoters as per the terms and conditions
stipulated in sanctions of the loans by the bankers, are not repayabale in next 12 months therefore all such borrowings
have been classified as "Long term in nature"

(vi) The working capital loans from HDFC Bank is secured by hypothecation of Raw Material, Work in-process, Packing
Material, Finished Goods and Book Debts and second charge over Fixed Assets located at Avinashi and further secured
by personal guarantee of Shri Rikhab C. Jain, Chairman, Shri Sanjay Kumar Jain, Managing Director and Smt Jyoti Jain,
Jt. Manageing Director of the Company. .

1) The sales to and purchases from related parties are made on terms equivalent to those that prevail in arm's length
transactions.

2) Outstanding balances at the year-end are unsecured and interest free and settlement occurs in cash.

3) There have been no guarantees provided or received for any related party receivables or payables.

For the year ended March 31, 2025, the company has not recorded any impairment of receivables relating to amounts
owed by related parties.

This assessment is undertaken each financial year through examining the financial position of the related party and the
market in which the related party operates.. .

36. SEGMENT INFORMATION

The Chief Operational Decision Maker monitors the operating results as one single business segment viz. Manufacturing
and Sales of Textiles Goods for the purpose of making decisions about resource allocation and performance assessment
and hence, there are no additional disclosures to be provided other than those already provided in the financial
statements.

There are no individual customers or a particular group contributing to more than 10% of revenue.

Financial Instruments
37 Capital Management

The Company manages its capital to ensure that the entities in the Company will be able to continue as going concern
while maximizing the return to shareholders and also complying with the ratios stipulated in the loan agreements
through the optimization of the debt and equity balance.

The capital structure of the Company consists of net debt (borrowings as detailed in note 14 & 17 offset by cash and
bank balances) and equity of the Company (comprising issued capital, reserves, retained earnings and non-controlling
interests as detailed in note 14 & 17).

The Company is not subject to any externally imposed capital requirements.

The capital structure of the Company consists of net debt (borrowings as detailed in Note 14 and 16 offset by cash and
bank balances as detailed in Note 8 & 10) and total equity of the Company.

The Company is not subject to any externally imposed capital requirements.

Note:

i. Debt is defined as long and short-term borrowings (excluding derivative, financial guarantee contracts), as described in
notes 14 and 16.

ii. In order to achieve this overall objective, the Group's capital management, amongst other things, aims to ensure
that it meets financial covenants attached to the interest-bearing loans and borrowings that define capital structure
requirements Breaches in meeting the financial covenants would permit the bank to call loans and borrowings or
charge some penal interest There have been no breaches in the financial covenants of any interest-bearing loans and
borrowing in the current period.

No changes were made in the objectives, policies or processes for managing capital during the current years and
previous years.

37.6 Financial risk management

The Company's activities expose it to a variety of financial risks: credit risk, liquidity risk and market risk. The Company's
focus is to foresee the unpredictability of financial markets and seek to minimize potential adverse effects on its financial
performance. The market risk to the Company is foreign exchange risk and interest rate. The Company's exposure to
credit risk is influenced mainly by the individual characteristic of each customer

The Company's focus is to ensure liquidity which is sufficient to meet the Company's operational requirements.
The Company monitors and manages key financial risks so as to minimise potential adverse effects on its financial
performance. The Company has a risk management policy which covers the risks associated with the financial assets
and liabilities. The details for managing each of these risks are summarised ahead..

37.7 Market risk

Market risk is the risk that the expected cash flows or fair value of a financial instrument could change owing to changes
in market prices.The Company's activities expose it primarily to the financial risks of changes in foreign currency
exchange rates and interest rates.

37.8 Foreign currency risk management

Foreign exchange risk is the risk that the fair value of future cash flows of financial instruments will fluctuate because
of changes in foreign exchange rate.

The Company derives significant portion of its revenue in foreign currency, exposing it to fluctuations in currency
movements. The Company has laid down a foreign exchange risk policy as per which senior management team reviews
and manages the foreign exchange risks in a systematic manner, including regular monitoring of exposures, proper
advice from market experts, hedging of exposures, etc.

37.9 Interest rate risk management

The company is exposed to interest rate risk because it borrows funds at both fixed and floating interest rates. The
risk is managed by the company by maintaining an appropriate mix between fixed and floating rate borrowings.

The company's exposures to interest rates on financial assets and financial liabilities are detailed in the liquidity
risk management section of this note..

Interest rate sensitivity analysis

The sensitivity analyses below have been determined based on the exposure to interest rates for both derivatives
and non-derivative instruments at the end of the reporting period. For floating rate liabilities, the analysis is
prepared assuming the amount of the liability outstanding at the end of the reporting period was outstanding
for the whole year. A 50 basis point increase or decrease represents management's assessment of the reasonably
possible change in interest rates.

If interest rates had been 50 basis points higher/lower and all other variables were held constant, the company's:

i) Profit for the year ended 31 March, 2025 would decrease/increase by Rs. 26.92 lacs (31 March, 2024: decrease/
increase by Rs. 40.20 lacs). This is mainly attributable to the company's exposure to interest rates on its variable
rate borrowings.

37.10 Other price risks

The company is not exposed to any instrument which has price risks arising from equity investments which is not
material.

37.11 Credit risk management

Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss
to the Company. The Company's exposure to credit risk primarly arises from trade receivables, balances with banks,
investments and security deposits. The credit risk on bank balances is limited because the counterparties are banks
with good credit ratings.

37.11.1 Trade Receiavbles

Trade receivables are derived from revenue earned from customers. Credit risk for trade receivable is managed by
the Company through credit approvals, establishing credit limits and periodic monitoring of the creditworthiness
of its customers to which the Company grants credit terms in the normal course of business . The Company also
assesses the financial reliability of customers taking into account the financial condition, current economic trends
and historical bad debts and ageing of accounts receivables. As per simplified approach, the Company uses a
provision matrix to compute the expected credit loss allowance for trade receivables. The provision matrix takes
into account a continuing credit evaluation of Company's customers' financial condition; aging of trade accounts
receivable .

During the year the Company has recognised loss allowance of Rs 29.18 Lacs (previous year Rs 20.06 lakhs) Under
12 months expected credit loss model.

No significant changes in estimation techniques or assumptions were made during the reporting period.

37.12 Liquidity risk

Liquidity risk is defined as the risk that the Company will not be able to settle or meet its obligations on time or at
a reasonable price. The Company's treasury department is responsible for liquidity, funding as well as settlement
management. In addition, processes and policies related to such risks are overseen by senior management.
Management monitors the Company's net liquidity position through rolling forecasts on the basis of expected cash
flows.

are disclosed in the financial statements. To provide an indication about the reliability of the inputs used in
determining fair value, the Company has classified its financial instruments into the three levels prescribed under
the accounting standard.

An explanation of each level is as follows:-

Level 1 : Level 1 hierarchy includes financial instruments measured using quoted prices

Level 2: The fair value of financial instruments that are not traded in an active market is determined using valuation
techniques which maximize the use of observable market data and rely as little as possible on entity-specific
estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included
in level 2.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included
in level 3.

37.14 Derivative financial instruments

The Company holds derivative financial instruments such as forign currency forward contracts to mitigate the risk of
changes in exchange rates on foreign currency exposures.The objective of hedges is to minimize the volatility of INR
cash flows of highly probable forecast transaction. The Company's risk management policy is to hedge around 70%
to 90% of net exposure with forward exchange contract,having a maturity upto 12 months.

Hedge effectiveness is determined at the inception of the hedge relationship, and through periodic prospective
effectivenes assessments to ensure that an economic relatioship exists between the hedged item and hedging
instrument, including whether the hedging instrument is expected to offset changes in cash flows of hedged items.

Details of Assets held for sale as under :

During the previous year The Company has entered into an MOU for sale of Company's Textile unit at Gajroula on "AS IS
WHERE IS" basis at an agreed consideration of Rs 7100 Lakhs. The Company has received Rs 1350 Lakhs as advance upto
31st March, 2024. As a consequence, the entire fixed assets of Gajroula Textile unit have been transferred to "Assets held
for Sale" as on 31st March, 2024. Profit/Loss on this transaction has been accounted in current year. (Refer note no. 33).

39. Other Disclosers

a GST self assessment in different states have been completed up to the assessment year 2023-24. The Company
has filed appeal against the total Tax Liability assessed at Rs Nil lacs (previous year Rs 1.24 lacs)

b Income Tax Assessment completed up to Assessment Year 2024-25 .

c Trade Payables include outstanding dues of small scale industries Rs. 59.36 lacs (Previous year Rs. 52.14 lacs).

The above information regrading small scale industrial undertakings has been determined to the extent such
parties have been identified by the company and on the basis of invormation available with them.

d Derivative instruments and unhedged foreign currency exposure as on date of Balance Sheet the company has
gross exposure in the form of plain Vanilla Forward Contracts for the purpose of hedging export sales amounting
to Rs. 87.53 Lakhs (P Y Rs. 1113.02 Lakhs). .

40 i) The response to letters sent by the company requesting confirmation of balances has been insignificant. In the
managements opinion adjustments on reconciliation of the balances, if any required, will not be material in
relation to the finanacial Statements of the company and the same will be adjusted in the financial statements as
and when the confirmations are received and reconcilations completed.

a) Figures in brackets, wherever given, are in respect of previous year.

b) The company has reclassified previous years figures to confirm to this year's classification.

41 The date of implementation of the Code of Wages 2019 and Code on Social Security, 2020 is yet to be notified by the

Government. The company is in the process of assessing the impact of these Codes and will give effect In the financial

results when the Rules/Schemes thereunder are notified.

42 Other Statutory Information

(i) The Company does not have any Benami property, where any proceeding has been initiated or pending against
the Company for holding any Benami property.

(ii) The Company does not have any transactions with companies struck off.

(iii) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the
statutory period.

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

(v) The Company have not advanced or loaned or invested funds (either from borrowed funds or share premium or
any other sources or kind of funds) by the Company to or in any other person(s) or entity (ies), including foreign
entities (Intermediaries) with the understanding that the Intermediary shall lend or invest in party identified by
or on behalf of the Company (Ultimate Beneficiaries).

(vi) 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: (a) 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 (b) Provide any guarantee, security or the like on behalf of the ultimate
beneficiaries.

(vii) The Company has no subsidiary, associates and joint venture down word.

(viii) The lender of the company has not declared the company as wilful defaulter and also the company has not
defaulted in loan repayment of loan to the lender.

(ix) Quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in
agreement with the books of accounts.

(x) There is no transaction which is not recorded in the books of account that has been surrendered or disclosed as
income during the year in the tax assessments under the Income Tax Act, 1961.

(xi) The Company has used accounting software for maintaining its books of account which has a feature of recording
audit trail (edit log) facility and the same has opertated throughout the year for all relevent transaction recorded
in the software.

43 The Board of Directors have recommended dividend @ 5% (Rs 0.05 per equity share of Rs 1 each) for the year ended

31st March, 2025.

44 The financial statements for the year ended 31st March, 2025 were approved by the Board of Directors and authorise

for issue on 21st May, 2025

The accompany note no. (2 to 44) are integral part of the financial statements

Summary of significant accounting policies 1

As per our report of even date attached

For Doogar & Asssociates For and on behalf of the Board of Directors of

Chartered Accountants T T Limited

Firm Registration No. 000561N

(Mukesh Goyal) Sanjay Kumar Jain) Sunil Mahnot

Partner Mnanging Director Director ( Finance)

M No. 081810 (DIN : 01736303) (DIN : 006819974)

Place: New Delhi Pankaj Mishra

Date : 21.05.2025 Company Secretary

(M:ACS40550)