C ontingent liability is disclosed for:

• Possible obligations which will be confirmed only by future events not wholly within the control of the Company or

• Present obligations arising from past events where it is not probable that an outflow of resources will be required to settle the
obligation or a reliable estimate of die amount of the obligation cannot be made

Claims pending before the courts of law has not been provide in the books as the management is reasonably certain that such
claims will not materialise. Hie estimated amount of such claim’s aggregates to Rs.59,28,49.589/-

In respect of fines and penalties imposed by the Provident Fund Authorities, due to delayed submission in depositing monthly
contributions, the management believes that genuine grounds for such delay have been established and relief 11111 be granted in
favour of die company.

Contingent assets are neither recognized nor disclosed. However, when realization of income is virtually certain, related asset is
recognized

25.8

u) Earnings Per Share

Basic earnings per share is calculated by dividing the net profit or loss for the period attributable to equity shareholders (after
deducting attributable taxes) by the weighted average number of equity shares outstanding during the period.

For die purpose of calculating diluted earnings per share, the net profit or loss for die period attributable to equity shareholders
and die weighted average number of shares outstanding during the period are adjusted for die effects of all dilutive potential
equity shares.

Note: 26

Financial Risk Management

The Company's financial liabilities comprise trade and other payables. The Company's financial assets include cash and cash
equivalents.

The Company is exposed to maiket risk credit risk and liquidity risk. The Company’s senior management oversees the
management of these risks. The Board of Directors renews and agrees policies for managing each of these risks, which are
summarised below.

(i) Interest rate risk

Interest rate risk is the risk diat the fair value or future cash flows of a financial instrument will fluctuate because of changes in
market interest rates. The Company’s exposure to the risk of changes in market interest rates relates primarily to the Company’s
short-tenn debt obligations with interest rates.

ii)Equity Price Risk

a) Credit risks

Credit risk is the risk that counterparty will not meet its obligations under a financial instrument or customer contract,
leading to a financial loss. The Company is exposed to credit risk fiom its financing activities, including deposits
with banks and companies and other financial instruments

b) Liquidity Risk

The Company’s principal sources of liquidity are cash and cash equivalents and the cash flow that is generated from
operation. The Company be It eves that the working capital and future business strategies are sufficient to meet its
current requirements. Accordingly, risk is perceived

Note: 27

Segment Reporting

This Accounting Standard shall apply to companies to which Indian Accounting Standards (hid. ASs) notified under die
C ompanies Act apply. If an entity that is not required to apply this Indian Accounting Standard chooses to disclose information
about segments that does not comply with this Indian Accounting Standard; it shall not describe the information as segment
information.

An operating segment is a component of an entity: diat engages in business activities from 11111011 it may earn revenues and
incur expenses (including revenues and expenses relating to transactions with other components of die same entity). Whose
operating results are regularly reviewed by the entity's chief operating decision market (CODM) to make decisions about
resources to be allocated to the segment and assess its performance, and for which discrete financial information is available.

An operating segment may engage in busines s activities for which it has yet to earn revenues, for example, start-up oper ations
may be operating segments before earning revenues.

Quantitative thresholds

An entity shall report separately information about an operating segment that meets any of the following-quantitative-
thresholds:

a) Its reported revenue, including both sales to external customers and intersegment sales or transfers, is 10 per cent or
more of the combined revenue, internal and external, of all operating-segments.

b) Hie absolute amount of its reported profit or lo ss is 10 per cent or more of the greater, in absolute amount, of

i) the combined reported profit of all operating segments that did not report a loss and

ii) the combined reported loss of all operating segments that reported a loss

c) Its assets are 10 per cent or more of the combined assets of all operating segments.

The absolute amount of its reported profit or loss is 10 per cent or more of the greater, in absolute amount, of i) die combined
reported profit of all operating segments that did not report a loss and ii) the combined reported loss of all operating
segments that reported a loss, iii) Its assets are 10 per cent or more of the combined assets of all operating segments.

Notes: 43

The Indian Parliament has approved the Code on Social Security. 2020 which would impact the contributions by the company towards Provident
Fund and Gratuity. The Ministry of Labour and Employment had released draft rules for the Code on Social Security, 2020 on November 13,

2020, and invited suggestions from stakeholders which are under consideration by the Ministry. The Company will assess the impact and its
evaluation once the subject rules are notified. The Company will give appropnate mipact in its financial statements in the period m which, the
Code becomes effective and the lelated rules to determine the financial mipact aie published

As per our Report of even date

for Sambhu N. De & Co for and on behalf of the Board

Chartered Accountants

FRN: 307055E Sd/- Sd/-

Geetika Khandehval Pawan Kr. Sethia

Chairperson Managing Director

DIN: 10061631 DIN: 00482462

Sambhu Nath Mittra

Partner Sd/- Sd/-

Membership No.-011678 . ,.. _c ... _c , . . .

UDIN 25011678BMJARG8596 ^A"^k,‘^{Se,hla Sushma Kuman Agarwal}

Place: Kolkata Chief Financial Officer Company Secretary

Date: 26/05/2025