There are no material dues on by the Comapnyy to Micro and small Enterprises, which are outstanding for more than 45 days during the year ended 31st march 2024 and 31st March 2023. This information as required under the Micro,small and medium Enterprises Development Act,2006, has been determined to the extent such parties have been identified on the basis of information available with the Company and has been relied upon by the Auditors.

29 Employee Benefits a) Defined Contribution Plans

The Company has defined contribution plan for post employment benefit namely Provient fund which are administered by appropriate authorities. The Company contributes to a government administered Provident fund and has no further obligation beyond making its contributions.

The Company contributes to State Plans namely Employees'state Insurance fund and has no further obligation beyond making the payment to them.

b) Defined Benefit plan

In Accordance with the payment of Gratuity Act,1972, the Company has a defined Benefit plan (unfunded) namely "Gratuity Plan" covering its employee who has completed five year of service is entitled to gratuity benefit. The Company has made provisions in the financial statement for payment of gratuity, but has not get it covered the same by insurance or has maintained an approved fund.

The Company has also provided for leave encashment which is unfunded

The following Table summarises the net component of net benefit expenses recognised in the statement of Profit & loss and amount recognised in the Balance sheet for the respective plans:

Sensitivity Analysis: Significant actuarial assumptions for the determination of the defined benefit obligation are discount rate and expected salary increase rate. Effect of change in mortality rate is negligible. Please note that the sensitivity analysis presented below may not be representative of the actual change in the defined benefit obligation as it is unlikely that the change in assumption would occur in isolation of one another as some of the assumptions may be correlated. The results of sensitivity analysis are given below:

30 Segment Reporting

a) Primary Segment

The Company's management examines the Company performance from a product prospective and during the year the Company's primary business segment is Textile only. Accordingly no disclosure relationg to Revenue segment are made.

b) Secondary Segment Reporting ( By Geographical Segments) :

The distribution of Company's consolidated sales is within india, accordingly no disclosure relating to Geographical Segment are made.

32 Financial Instruments and risk management 32.1 Capital Management

The Group's capital management is intended to create value for shareholders by facilating the meeting of long term and short term gain goals of the Company.

The group's objective when managing capital are to:

- safeguard their ability to continue as A going concern, so that they can continue to provide returns for shareholders and benefits for other stakeholders, and

- Maintain an optimal capital structur to reduce the cost of Capital.

The group determines the amount of capital required on the basis of annual business plan also taking into consideration any long term strategic investment and expansion plans. The funding needs are met through equity and cash generated from operations.

32.3 Financial risk management framework

Company's activities expose it to financial risks viz credit risk and liquidity risk

a) Credit Risk

Based on the overall credit worthiness of Receivables, coupled with their past track records, Company expects No / Minimum risk with regards to its outstanding receivables. Also, there is a mechanism in place to periodically track the outstanding amount and assess the same with regard to its realisation. Company expects that all the debtors will be realised in full, and adequate provisions has been made in the books of accounts for doubtful receivables

b) Liquidity Risk

(i) Liquidity Risk Management

The Company manages liquidity risk by maintaining adequate reserves and banking facilities, by continuously monitoring forecast and actual cash flow and by matching the maturity profiles of financial assets and liabilities.

(ii) Maturities of Financial Liabilities

The following tables details the Company's remaining contractual maturities for its non-derivative financial liabilities with agreed repayment periods. The amount disclosed in the tables have been drawn up based on the earliest date on which the Company can be requierd to pay.

Fair value measurement

The management assessed the fair value of loans, current investments (unquoted), cash and cash equivalents, trade receivebles, trade payables and other current liabilities approximate to their carrying amount largly due to the short-term maturities of these instruments.

The fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. The following methods and assumptions were used to estimate the fair values.

(i) The fair value of unquoted instruments are evaluated by the Company based on parameters such as interest rates and its investments ratting.

(ii) The fair value of loans are estimated by discounted cash flow method to capture the present value of the expected future economic benefits that will flow to the company.

34 Previous figures have been regrouped/rearranged wherever necessary to make them comparable.