(C) Terms/Rights attached to equity shares The Company has equity shares having a face value of Rs. 10 /- each. Each holder of equity share is entitled to one vote per share. The company declares and pays dividends in Indian Rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of the company, the equity shareholders will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

(D) The Company has not issued any share as fully paid up without payment being received in cash or as bonus shares nor any share has been bought back by the Company since its incorporation

Nature and purpose of other reserves

(i) Securities Premium Reserve

Securities Premium Reserve is used to record the premium on issue of shares. The reserve is utilised in accordance with the provision of the act.

(ii) General Reserve

General reserve is used for strengthening the financial position and meeting future contingencies and losses

22. Capital Commitment: Estimated amounts of contracts remaining to be executed on capital account is Nil (Net of advances)

23. Going Concern Assumption: The Company's net worth is positive as on March 31, 2024 but no feasible future plan of business is presented before us hence there is significant doubt on the going concern of the entity .

24. Current Assets, Loans and Advances: In the opinion of the Board, the current assets, loans and advances are approximately of the value stated, if realized in the ordinary course of business, provision for depreciation and all known liabilities is adequate and not in excess of the amount reasonably necessary.

25. Other Receivables: Balance of Trade Payables, Trade Deposits, Advance from Customers, Trade Receivables, Non-Current and Current Loans and Advances are subject to confirmation by the parties. In case of doubts regarding recoverability of receivables the provision for bad debt have been provided accordingly.

26. MSME Trade Payables: There are no identifiable Micro, Small and Medium Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days at the Balance Sheet date. The Micro, Small and Medium Enterprises have been identified on the basis of information available with the Company. This has been relied upon by the auditors.

28. Expenditure in foreign currency: during the year on account of Travelling expenses Rs. Nil (Previous Year Rs Nil )

29. CIF Value of Imports of Raw Materials and Capital goods: Rs. Nil (Previous Year Rs. Nil )

30. Remittance in Foreign Currency on account of Dividend: Rs. Nil (Previous Year Rs. Nil)

31. Earnings in foreign exchange and expenditure in foreign currency: Rs. Nil (Previous Year Rs. Nil)

33. Accounting of income taxes: In view of the uncertainty of availment of tax benefit on accumulated business losses and unabsorbed depreciation, the company has not considered any deferred tax assets as required to be disclosed under Ind AS 12 "Income tax".

35. Impairment of Assets: Entity has transferred all the land to Bayer Vapi PVT LTD and for that all the existing structure of buildings and godowns is demolished. Other office plant and machinery is measured for impairment and shown accordingly in the balance sheet as on 31-03-2024.

36. Title Deeds of immovable properties: The title deeds of all immovable properties are transferred during previous year to Bayer Vapi PVT LTD under sale agreement between them to transfer all the lease land to Bayer Vapi PVt LTD but possession was transferred during current year after demolishing all the existing structure built on the land.

37. Valuation of Property Plant & Equipment , intangible asset: The Company has not revalued its property, plant and equipment or intangible assets or both during the current or previous year. Company has transferred all the lease land to Bayer Vapi pvt ltd during previous financial year under sale agreement to do so, tax on which was paid in last year and possession of which was transferred by end of December 2023 due to after dismantling all the existing structures of building and godowns constructed on land.

38. Loans or advances to specified persons: No loans or advances in the nature of loans are granted to promoters, directors, KMPS and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person, that are repayable on demand or without specifying any terms or period of repayment.

39. Details of benami Property held: No proceedings have been initiated on or are pending against the Company for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder.

40. Borrowing secured against current assets: The Company has not borrowed any funds from banks on the basis of security of current assets during the year.

41. Wilful Defaulter: The Company has not been declared wilful defaulter by any bank or financial institution or other lender.

42. Undisclosed Income: There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded previously in the books of account.

43. Other Points: Previous year's figures have been regrouped and / or rearranged whenever necessary.

44. The company has entered into a Memorandum of Understanding (MOU) for the sale of land and due diligence and the required regulatory approvals got completed during last financial year and land handed over to company but actual possession was transferred in current year after demolishing all the existing structure built on the land . The financials and disclosure is prepared in compliance to INDAS 105 , discontinuance of operation.