Provisions, Contingent Liabilities and Contingent Assets
Provisions involving substantial degree of estimation in measurement are recognized
when there is a present obligation as a result of past events and it is possible that there
will be an out- flow of resources. Contingent liabilities are not recognized but are
disclosed in the Notes. Contingent Assets are neither recognized nor disclosed in the
financial statements.
Contingent Liabilities and Commitments not provided for
Claims against company not acknowledged as debts
The company has filed applications under Companies Act for compounding of offenses
for which the company has not made provisions which may result in outflow of
significant resources
The future cash flows on the above items are determined only on receipt of the decisions /
judgments that are pending at various forums / authorities. The Company does not expect
the outcome of these proceedings to have a material adverse effect on its financial results.
Other Money on which the Company is contingently liable: Nil
Commitments
Estimated amount of contracts remaining to be executed on capital account and not
provided for-Nil
On Investments — Nil
Reconciliation between Stock Statement submitted to Bank and Book Stock is not
applicable as no Credit Limit availed on Stock held.
The Company does not use “Crypto Currency” or “Virtual Currency”
(ii) The are no delayed payments of principal amount paid beyond the appointed date
during the year
This information has been determined to the extent such parties have been identified on
the basis of information available with the Company.
c.The Company is not having any sole selling agent for marketing its services
Credit Risk
Credit risk refers to the risk of default on its obligation by the counterparty resulting in a
financial loss. The exposure to the credit risk at the reporting dale is primarily from trade
receivables which are typically unsecured. Majority of the company's transactions were
carried out in cash or cash equivalent. The trade receivables comprise mainly of
receivable from individual patients, insurance companies and corporate customers.
Accordingly, the company's exposure to credit risk in relation to trade receivable is
moderate risk.
The credit limit of each customer is defined in accordance with the situation.
Outstanding customer receivables have been regularly monitored.
Dividend
The Board of Directors has recommended a final dividend for the financial year
2025-26, subject to the approval of the shareholders at the ensuing Annual General
Meeting (AGM).
cl.Additional Regulatory Information
i) All the properties( Except Lease hold properties for which the lease agreement are duly
executed in favour of the lessee ) are held in earlier name of the Company and/in the
present name of the company.
ii) The Company does not hold any Investment Property for the reporting period.
iii) The Company has not revalued the Properties, Plant and Equipment during the year
iv) Capital-Work-in Progress (CWIP) - Ageing Schedule is attached with the notes of
accounts and The CWIP are executed as per schedule and the cost are as per the original
plan.
v) The Company has no Intangible Assets under development as on 31.03.2026.
vi) Details of Benami Property held-NlL. There is no proceedings have been initiated
against the company for holding any Benami Property under the Benami Transactions
(Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.
vii) The Company has only borrowed from Banks against Building and Machinery.
viii) Registration of charges or satisfaction with Registrar of Companies - There is no
charges or satisfaction pending for registration with the Registrar of Companies.
ix) Compliance with number of layers of Companies - The Company has complied with
the number of layers prescribed under Clause (87) of Section 2 of the Act read with
Companies (Restriction on number of layers) Rules. 2017.
x) Compliance with approval scheme(s) or Arrangements - The Company has not entered
into any approval scheme or Arrangements during the year.
Unutilized IPO Proceeds of 3425.00 lakhs is invested in term deposits with a bank is
pending utilization for the intended purpose. Interest accrued/eamed on the term deposits
amounting to Rs.6.73 Lakhs has been adjusted against the related Project Cost.
xii) Utilization of Borrowed funds and Share Premium -Borrowed funds are fully utilized
for intended business purposes. During the year share issue expenses amounting to
Rs.65034395 have been adjusted against share premium balance for the issue of shares on
initial public offer and Rs. 9262500 is for private placement made earlier
e. Undisclosed Income: There is no undisclosed income during the reporting period.
f. Previous year’s figures have been regrouped wherever necessary to confirm to the
current year’s classification, if any.
g. There are no Loans and Advance granted to promoters. Directors. Key Managerial
Personnel ( KMPs) and the related parties which are repayable on demand or without
specifying any terms or period of repayment.
h. The Company has no borrowings from bank and financial institutions on the basis of
security of current assets. Hence, the question for reporting under this clause does not
arise.
i. The Company has not been declared as a willful Defaulter by any financial institutions
or bank as at the date of balance sheet.
j. The Company do not have any transactions w ith stuck off companies.
k. The company has no pending charges or satisfaction which are yet to be registered
with the ROC beyond the statutory period.
l. The Company has not traded or invested in crypto currency or Virtual currency.
m. During the year ended 31st March 2026, the company has completed Initial Public
offer (IPO) of Rs.4200.00 lakhs ( Fresh Issue) and Rs. Nil (Offer for Sale) comprising of
60.00,000 Equity Shares of Rs.10 each at an Issue price of Rs.70.00 per share. The
Equity shares of the company have been listed on SME Platform of BSE (hereinafter
referred as Stock Exchange) W.E.F .02nd February 2026.
n. There are no earnings but expenditure incurred in foreign currency in the Current Year
is 16.858 in Dollars (31 March 2025 is 68.000 Dollars towards Capital Exp)
o. The company has evaluated the impact of the Code on Social Security 2020 and
concluded that its implementation does not have a material impact on the financial
statements for the year ended 31 March 2026
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