(i) Provisions, contingent liabilities and contingent assets

Provisions are recognised 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. If the effect of the time value of money is material, provisions are discounted using equivalent period
government securities interest rate. Unwinding of the discount is recognised in the statement of profit and loss as a finance cost.
Provisions are reviewed at each balance sheet date and are adjusted to reflect the current best estimate. Contingent liabilities are
disclosed when there is a possible obligation arising from past events, the existence of which will be confirmed only by the occurrence
or non-occurrence of one or more uncertain future events not wholly within the control of the Company or a present obligation that
arises from past events where it is either not probable that an outflow of resources will be required to settle or a reliable estimate of the
amount cannot be made. Information on contingent liability is disclosed in the Notes to the Financial Statements. Contingent assets are
not recognised. However, when the realisation of income is

virtually certain, then the related asset is no longer a contingent asset, but it is recognised as an asset.

(j) Employee benefits

Liability towards leave entitlements (short term) of employees is determined as per rules of the Company and provided for. Liability
towards Gratuity entitlement is determined as per provisions of the Payment of Gratuity Act, 1972 and provided for.

(k) Earnings per share

Basic earnings per share are calculated by dividing the net profit or loss (excluding other comprehensive income) for the year
attributable to equity shareholders by the weighted average number of equity shares outstanding during the year. The weighted average
number of equity shares outstanding during the year is adjusted for events such as bonus issue, bonus element in a right issue, shares
split and reserve share splits (consolidation of shares) that have changed the number of equity shares outstanding, without a
corresponding change in resources. For the purpose of calculating diluted earnings per share, the net profit or loss (excluding other
comprehensive income) for the year attributable to equity share holders and the weighted average number of shares outstanding during
the year are adjusted for the effects of all dilutive potential equity shares.

(l) Fair value measurement:

The Company measures financial instruments at 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:

a) In the principal market for the asset or liability, or

b) In the absence of a principal market, in the most advantageous market for the asset or liability. A fair value measurement of a non¬
financial asset takes into account a market participant's ability to generate economic benefits by using the asset 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, maximising the
use of relevant observable inputs and minimising the use of unobservable inputs. All assets and liabilities for which fair value is
measured or disclosed in the

financial statements are categorised within the fair value hierarchy.

(m) Leases

As a lessee

The Company's lease asset classes primarily consist of leases for land and buildings. The Company assesses whether a contract
contains contract. A contract is, or contains, a lease a lease, at inception of a if the contract conveys the right to control the use of an
identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of
an identified asset, the Company assesses whether: (i) the contract involves the use of an identified asset (ii) the Company has
substantially all of the economic benefits from use of the asset through the period of the lease and (iii) the Company has the right to
direct the use of the asset. At the date of commencement of the lease, the Company recognizes a right-of-use asset (“ROU”) and a
corresponding lease liability for all lease arrangements in which it is a lessee, except for leases with a term of twelve months or less
(short-term leases) and low value leases. For these short-term and low value leases, the Company recognizes the lease payments as
an operating expense on a straight-line basis over the term of the lease. Certain lease arrangements includes the options to extend or
terminate the lease before the end of the lease term. ROU assets and lease liabilities includes these options when it is reasonably
certain that they will be exercised. The right-of-use assets are initially recognized at cost, which comprises the initial amount of the
lease liability adjusted for any lease

payments made at or prior to the commencement date of the lease plus any initial direct costs less any lease incentives. They are
subsequently measured at cost less accumulated depreciation and impairment losses. Right-of-use assets are depreciated from the
commencement date on a straight-line basis over the shorter of the lease term and useful life of the underlying asset. Right of use
assets are evaluated for recoverability whenever events or changes in circumstances indicate that their carrying amounts may not be
recoverable.

For the purpose of impairment testing, the recoverable amount (i.e. the higher of the fair value less cost to sell and the value-in-use) is
determined on an individual asset basis unless the asset does not generate cash flows that are largely independent of those from other
assets. In such cases, the recoverable amount is determined for the Cash Generating Unit (CGU) to which the asset belongs.

The lease liability is initially measured at amortized cost at the present value of the future lease payments. The lease payments are
discounted using the interest rate implicit in the lease or, if not readily determinable, using the incremental borrowing rates in the
country of domicile of these leases. Lease liabilities are remeasured with a corresponding adjustment to the related right of use asset if
the Company changes its assessment if whether it will exercise an extension or a termination option.

The discount rate is generally based on the incremental borrowing rate specific to the lease being evaluated or for a portfolio of leases
with similar characteristics. Lease liability and ROU asset have been separately presented in the Balance Sheet and lease payments
have been classified as financing cash flows.

The Company as a lessor

When the Company is an intermediate lessor, it accounts for its interests in the head lease and the sublease separately. The sublease
is classified as a finance or operating lease by reference to the right- of-use asset arising from the head lease.

For operating leases, rental income is recognized on a straight line basis over the term of the relevant lease.

(n) Significant Accounting Judgments, Estimates And Assumptions:

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the
reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures, and the disclosure of contingent
liabilities. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the
carrying amount of assets or liabilities affected in future periods. The key assumptions concerning the future and other key sources of
estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilities within the next financial year, are described below. The Company based on its assumptions and estimates on
parameters available when the financial statements were prepared. However, existing circumstances and assumptions about future
developments may change due to market changes or circumstances arising that are beyond the control of the Company. Such changes
are reflected in the assumptions when they occur.

i) Property, plant and equipment, Investment Properties and Intangible Assets:

Management reviews the estimated useful lives and residual values of the assets annually in order to determine the amount of
depreciation to be recorded during any reporting period. The useful lives and residual values as per schedule II of the Companies Act,
2013 or are based on the Company's historical experience with similar assets and taking into account anticipated technological
changes, whichever is more appropriate.

ii) Income Tax:

The Company reviews at each balance sheet date the carrying amount of deferred tax assets. The factors used in estimates may differ
from actual outcome which could lead to an adjustment to the amounts reported in the standalone financial statements.

iii) Contingencies:

Management has estimated the possible outflow of resources at the end of each annual reporting financial year, 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.

iv) Impairment of financial assets:

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

v) Recoverability of trade receivable:

Judgments are required in assessing the recoverability of overdue trade receivables and determining whether a provision against those
receivables is required. Factors considered include the credit rating of the counterparty, the amount and timing of anticipated future
payments and any possible actions that can be taken to mitigate the risk of non-payment.

vi) Provisions:

Provisions and liabilities are recognized in the period when it becomes probable that there will be a future outflow of funds resulting
from past operations or events and the amount of cash outflow can be reliably estimated. The timing of recognition and quantification of
the liability require the application of judgment to existing facts and circumstances, which can be subject to change. Since the cash
outflows can take place many years in the future, the carrying amounts of provisions and liabilities are reviewed regularly and adjusted
to take account of changing facts and circumstances.

Level 1: Level 1 hierarchy includes financial instruments measured using quoted prices. This includes listed equity instruments that have quoted price and financial
instrumnents like Mutual Funds for which NAV is published by Mutual Fund Operator. The fair value of all equity instruments which are traded in the stock exchanges is
valued using the closing price as at the reporting period and Mutual Fund are valued using the Closing NAV.

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 level3.

During the years mentioned above, there have been no transfer amongst the levels of hierarchy. The carrying amounts of trade receivables, cash and cash equivalents,
and other bank balances, current loans, other current financial assets, trade payables and other financial liabilities are considered to be approximately equal to their
carrying amounts largly due to the short term maturities of these instruments.

Valuation process

The Company evaluates the fair value of financial assets and financial liabilities on periodic basis using the best and most relevant data available. Also, the Company
internally evaluates the valuation process and obtains independent price validation for certain instruments wherever necessary.

Valuation inputs for fair values of items in level 3 and their relationships to fair value

Fair valuation of Investments in units are classified as level 3 in the fair value hierarchy because of the unobservable inputs / significant adjustments to observable inputs
used to determine the fair value. The profit for the year would be impacted as a result of gains / losses on investments classified as at fair value through profit or loss, i.e.
units.

Note 20 - Financial risk management

The Company is exposed to credit risk, liquidity risk and Market risk.

A Credit risk

Credit risk arises from cash and bank balances, trade receivables and other financial assets .

Credit risk management

Credit risk arises from the possibility that counter party may not be able to settle their obligations as agreed. The company is exposed to trade receivables and other current
financial assets. The Company periodically assesses the financial reliability of the counter party, taking into account the financial condition, current economic trends, and
analysis of historical bad debts and ageing of accounts receivable. The history of trade receivables shows a negligible allowance for bad and doubtful debts.

B Liquidity risk

Looking to the nature of company business it has no 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.

Liquidity risk management

The company manages its liquidity risk by regularly monitoring its rolling cash flow forecasts. The company’s operations provide a natural liquidity of receivables against
payments due to creditors. Receipts exceeding the amount of payables to creditors are invested in liquid assets like mutual funds. Working Capital are managed through
credit facilities agreed with the Banks, internal accruals and realisation of liquid assets. In the event of cash shortfalls, the company approaches the lenders for a
suitable term extension.

C Market Risk

Foreign Currency Risk

The Company is not exposed to foreign exchange risk.

Price Risk

The company holds investments in units, equity instruments and mutual funds. The Company’s exposure to equity security’s price risks arises from these investments held
by the Company and classified in the balance sheet either as fair value through OCI or at fair value through profit or loss.

Price Risk Management:

The company evaluates the performance of its investments on a periodic basis. Also, the investments have been placed for a long term objective and any deterioration for
a temporary period is not taken into account while evaluating the performance of its investments. Majority of the investments are placed for strategic management
purposes.

Profit for the year would increase/ (decrease) as a result of gains/ losses on investments classified as at fair value through profit or loss. Other Comprehensive Income
would increase/ (decrease) as a result of gains/losses on equity instruments classified as at fair value through other comprehensive income.

Note 21 - Contingent Liabilities and Commitments

NIL(Previous year NIL)

Note 22 -Events occurring after the reporting date
NIL.

Note 23 -Other Statutory Information :

(i) As per section 248 of the Companies Act, 2013, there are no balances outstanding with struck off companies
(III 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:

a) 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

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

(iii) 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:

(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

(iv) The Company have not 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.

(v) There are no charges or satisfaction thereof which are yet to be registered with ROC beyond the statutory period.

(vi) The Company has not been declared a wilful defaulter by any bank or financial institution or other lender (as defined under
the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the
Reserve Bank of India.

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

(viii) The Company has not revalued any of its property, plant and equipment (including Right of Use assets) and intangible
assets during the year.

(ix) The Company is in compliance with the number of layers prescribed under clause (87) of section 2 of the Companies Act
read with the Companies ( Restriction on number of Layers) Rules, 2017.

Note 28- Segment Reporting

As per Ind AS 108 on "Operating Segment" - Segment information is not applicable to company.

Note 29

The figures for the corresponding previous year have been rearranged / regrouped wherever necessary to make them comparable.

Note 30

Approval of Fianancial Statements

The financial statements were approved for issue by the Board of Directors on 26th May, 2025.

As per our report of even date

For SVP & Associates For & behalf of the Board

Chartered Accountants
FRN - 003838N

-Sd/- -Sd/-

-Sd/- (Rohit Kumar Mishra) (Deepa Bhawsar)

Yogesh Kumar Singhania DIN-09515492 DIN-07167937

Partner

Membership Number :111473

-Sd/- -Sd/-

Place : Mumbai (Mahesh Sharma) (Apoorva Jain)

Date : 26th May, 2025 Chief Finance Officer Company Secretaty