1) In the year 2012, the company acquired M/s Gandhar Media Limited as a result above goodwill has been recorded on the basis of cost of acquisition. As per IND AS 103, since the goodwill was created by way of business combination the same is not amortised. Hence the management has recorded the same at a carrying value as on 31.03.2016 i.e. Rs 357.51 Lakhs

2) As per management's opinion the economic benefit of content & goodwill is more than the value recorded in books of accounts hence there is no provision made for impairment of goodwill.

3) Intangible assets consist of contents created, purchased and developed which will generate economic benefit in future which cannot be determined at present hence the same is not amortized during the year.

1. Cost of unquoted equity instruments has been considered on cost because of a wide range of possible fair value measurements and cost represents the best estimate of fair value within that range.

2. The above Investment is unquoted investment made in equity capital of the Janta Sahakari Bank with Rs. 100 Face value.

Note: 1. Balance of Debtors are subject to Confirmation and/ or reconciliation/ consequential adjustments if any.

2. The book debt upto 30% is hypothecated to Indian Bank for availment of cash credit facility.

Note: **The holdings of Rutmarg Commercials Pvt Ltd consist of 38,92,875 shares (14,00,000) on 21/09/2016 and (24,92,875) on 22/11/2017 were received from Ratish Tagde in lieu of money given to company (perfect octave) to liquidate urgent liabilities. Since the money has not been returned M/s Rutmarg Commercials Pvt ltd is still holding the above mentioned shares of company.

d. Rights Attached to Equity Shares

The company has only one class of shares referred to as equity shares having a par value of Rs 10/- each.

Each holder of equity shares is entitled to one vote per share and are at par with other shareholders having same number of shares.

1) Secured loan of Rs. 143.00 Lakhs is borrowed from AU Bank and is secured against Term Deposit in the name of Ganeshkumar Kuppan (Director) and guarantee by the director.

2) Secured loan of Rs 10 Lakhs is borrowed from Allahabad Bank (now Indian bank) against hypothecation of trade receivables at the rate of 30%.

3) Quarterly returns or statements of trade receivables filed by the Company with banks are in agreement and commensurate with the books of accounts.

Basic EPS amounts are calculated by dividing the profit for the year attributable to equity holders of the parent by the weighted average number of Equity shares outstanding during the year.

Diluted EPS amounts are calculated by dividing the profit attributable to equity holders of the parent (after adjusting profit impact of dilutive potential equity shares, if any) by the aggregate of weighted average number of Equity shares outstanding during the year and the weighted average number of Equity shares that would be issued on conversion of all the dilutive potential Equity shares into Equity shares.

Explanation for variation in ratio:

1) Variance in Current Ratio is due to increase in current assets in comparison to the current liabilities.

2) Variance in Return on equity ratio is is due to decrease in sales and its profit as compared to last year.

3) Variance in Trade receivable turnover is due to decrease in Revenue and thus resulting in decrease of debtors as compared to last year.

4) Variance in Net Capital Turnover ratio is due to increase in Revenue as compared to last year.

5) Variance in Net Profit ratio is is due to decrease in sales and profit as compared to last year.

6) Return on capital employed ratio changes due to significant decline in sales and financial result.

Note 23: Financial instruments - Fair values and risk management

(a) Financial Risk Management

The Company's business activities are exposed to financial risks, namely Credit risk and Liquidity risk .The Company's Senior Management has the overall responsibility for establishing and governing the Company's risk management framework. The Company's Board has constituted a audit committee, which is responsible for developing and monitoring the Company's risk management policies. The committee reports regularly to the Board of Directors on its activities.

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 audit committee oversees how Management monitors compliance with the Company's risk management policies and procedures, and reviews the adequacy of the risk management framework in relation to the risks faced by the Company.

i. Credit risk

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations, and arises principally from the Company's receivables from customers and investment securities. Credit risk is managed through credit approvals, establishing credit limits and continuously monitoring the creditworthiness of customers to which the Company grants credit terms in the normal course of business. The Company establishes, if require an allowance for doubtful debts and impairment that represents its estimate of incurred losses in respect of trade and other receivables and investments.

ii. Liquidity risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The Company's approach to managing liquidity is to ensure, as far as possible, that it will have sufficient liquidity to meet its liabilities when they are due, under both normal and stressed conditions, without incurring unacceptable losses or risking damage to the Company's reputation.

(b) Financial assets and liabilities

For the purpose of the Company's capital management, capital includes issued capital and other equity reserves. The primary objective of the Company's Capital Management is to maximize shareholders value. The Company manages its capital structure and makes adjustments in the light of changes in economic environment and the requirements of the financial covenants.

Note 26: Capital commitments not provided for in respect of contracts remaining to be executed on capital account (Net of Advance) of Rs. Nil (Previous Year Rs. Nil).

Note 27: The company has no outstanding dues to small scale industrial undertakings as on 31st March, 2025 as per information given by the management. This has been relied upon by the auditors.

Note 28 : Earnings and expenses incurred in Foreign currency

During the year the company has neither earned nor incurred any expenses in foreign currency in financial year 2024-25.

Note 29 : Other Disclosures:

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

b) Transaction with struck off companies: The Company does not have any transactions with companies struck- off under Section 248 of the Companies Act, 2013.

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

d) The Company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

(i) 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;

(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate beneficiaries.

e) The Company have 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:

(i) 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;

(ii) Provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

f) The Company do not have any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

g) The Code on Social Security, 2020 ('Code') relating to employee benefits during employment and post- employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified. The company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective.

h) The Company is not declared wilful defaulter by any bank or financial institution or lender during the year.

Note 30: Previous year's figures have been regrouped / rearranged wherever necessary, so as to make them comparable with those of the current year.

Note 31: Contingent Liability

During the FY 2019-20 the company has received notice from M/s Swami Films entertainment for illegal and unauthorised use and infringement of certain content for an amount of Rs. 2 Crore. The company has replied to the notice and do not foresee any further liability towards the same.