o Provision for Doubtful Debts and Wrltten-off of bad debts

Provision are recognized when the Company has a present obligation (legal or constructive) as a result of a past
event, It Is probable that the Company will be required to settle the obligation, and a reliable estimate can be made
of the amount of the obligation. The amount recognized as a provision Is the best estimate of the consideration
required to settle the present obligation at the end of the reporting period, taking into account the risks and
uncertainties surrounding the obligation. When provision is measured using the cash flow estimated to settle the
present obligation, its carrying amount is the present value of these cash flows (when the effect of the time value of
money is material).

Debts specifically considered fully or partially irrecoverable are wrltten-off and provision against sub-standard and
doubtful asset is made in accordance with the guidelines issued by RBI under the Non-Systemleally Important Non¬
Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015.
Sums recovered against debts earlier written off and provision no tonger considered necessary In the context of the
current status of the borrower are written back.

Dividend income on equity share is recognized when the conpany's right to receive the payment is establised, which
is generally when shreholders approve the dividend, Dividends on trading inventory are recognized as operating
income, while dlvldens on investment are classified as "other Income"_

P Contingent Liabilities & Assets

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the
occurrence or non-occurrence of one or more uncertain future events beyond the control of the Company or a
present obligation that Is not recognized because It Is not probable that an outflow of resources will be required to
settle the obligation. A contingent liability also arises In extremely rare cases where there Is a liability that cannot be
recognized because it cannot be measured reliably. The Company does not recognize a contingent liability but
discloses Its existence in the financial statements.

A Contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by
the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the
entity. The Company does not have any contingent assets in the financial statements.

q Earning per share (EPS)

The Company report basic and diluted earnings per share In accordance with Ind AS 33 "Earning per Share". The
Basic EPS is computed by dividing the profit after taxes by the weighted number of equity shares outstanding during
the accounting period. The diluted EPS Is computed using the weighted average number of the aggregate of equity
shares outstanding at the end of the year and those that may be possible issued In the near future.

r Recent Accounting Pronouncements

Ministry of Corporate Affairs ("MCA") has notified the following new amendments to Ind AS which the Company has
applied as they are effective for annual periods beginning on or after April 1,2023.

(I) Amendment to Ind AS 1 "Presentation of Financial Instruments"

The amendments require companies to disclose their material accounting policies rather than their significant
accounting policies. Accounting policy information Is material If, together with other Information can reasonably be
expected to Influence decisions of primary users of general purpose financial statements. The amendment does not
have any significant Impact on the company.

(II) Amendment to Ind AS 12 "Income Taxes"

The amendments clarify how companies account for deferred tax on transactions such as leases and
decommissioning obligations. The amendments narrowed the scope of the recognition exemption in paragraphs 15
and 24 of Ind AS 12 (recognition exemption) so that it no longer applies to transactions that, on initial recognition,
give rise to equal taxable and deductible temporary differences. The amendment does not have any significant
impact on the company.

(ID) Amendment to Ind AS 8 "Accounting Policies, Changes In Accounting Estimates and Errors"

The amendments will help entitles to distinguish between accounting policies and accounting estimates. The
definition of a change in accounting estimates has been replaced with a definition of accounting estimates. Under
the new definition, accounting estimates are "monetary amounts in financial statements that are subject to
measurement uncertainty". Entitles use measurement techniques and inputs to develop accounting estimates If
accounting policies require items in financial statements to be measured in a way that involves measurement
uncertainty. The amendment does not have any significant Impact on the company.

3 Use of Judgment's, Estimates and Assumptions

The preparation of the Company's 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. Difference between actual results and estimates are recognised In the periods In which the results
are known / materialize. The estimates and associated assumptions are based on historical experience and various
other factors that are believed to be reasonable under the circumstances existing when the financial statements
were prepared. The estimates and underlying assumptions are reviewed on an ongoing basis. Revision to
accounting estimates is recognised in the year In which the estimates are revised.

The areas involving critical estimates and judgements are:

(i) Useful lives of Property, plant and equipment and Intangibles [Refer Note 2 (g) and (h))

Nature and purpose of reserves

(i) General reserve

General Reserve is used from time to time to transfer profits from retained earnings fro appropriation purposes. General
Reserve is created by a transfer from one component of equity to another and is not an item of other comprehensive income.

(ii) Retained Earning

Retained earning are the profits that the Company has earned till date, less any transfer to General Reserve, dividends or other
distributions paid to the shareholders.

(iii) Other Comprehensive Income

This reserve represents the cumulative gains and losses arising on the revaluation of Equity instruments on the balance sheet
date measured at fair value through other comprehensive income. The reserves accumulated will be reclassified to retained
earnings and profit and loss respectively, when such instruments are disposed.

26 Leases

The Company has not entered into any significant lease agreement during the year

27 Contingent liabilities & Capital Commitments: NIL

28 Forward contracts outstanding as at the Balance Sheet date

There are no forward contracts outstanding as at balance sheet date.

There are no employees employed during the year. Hence the company has not provided for the employees

29

liability as required by AS-15 revised 2005 "Employees Benefits .

30 Details of foreign Exchange Earning and Outgo: NIL

31 Corporate Social Responsibility (CSR)

The company is not liable to incur any expenditure under the CSR guidelines notified by The Ministry of Company
Affairs.

33 Segment Reporting

The Company's main business activity during the current year is dealing in Shares . Thus, in the context of Indian
Accounting Standard -108 "Segment Reporting", issued by the Institute of Chartered Accountants of India, there
is only one identified reportable segment.

35 Capital management

For the purpose of the Company's capital management, capital Includes issued equity capital, share premium and all other equity reserves attributable to the equity holders of the
company. The primary objective of the company's capital management is to maximise the shareholder value and to safeguard the companies ability to remain as a going concern.

The company manages its capital structure and makes adjustments to it, in light of changes In economic conditions and the requirements of the financial covenants. To maintain or
adjust the capita! structure, the company may adjust the dividend payment to shareholders, return capital to shareholders or Issue new shares. The current capital structure of the
company is equity based with no financing through borrowings. The company is not subject any externally imposed capita! requirement.

No changes were made In the objectives, policies or processes during the year ended 31st March, 2024 and 31st March, 2023 respectively.

Valuation process and technique used to determine fair values

(I) The fair value of Investments In mutual fund is based on last traded price on stock exchange as at reporting date.

Fair value of financial assets & liabilities measured at amortised cost

The fair values of loans are not materially different from the amortised cost thereof. Further, the management assessed that fair values of cash and cash equivalents, loans and
other current financial liabilities approximate their respective carrying amounts largely 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.

36.3 Financial Risk Management- Objectives And Policies

Due to insignificant business operations the company does not posses any credit risk, liquidity risk and market risk.

36.4 Credit Risk

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 primarily from trade receivables, cash and cash equivalents, and financial assets measured at amortised cost.

A Cash and cash equivalents and bank deposits

Credit risk related to cash and cash equivalents and bank deposits is managed by only accepting highly rated banks and diversifying bank deposits and accounts in different banks
across the country.

B Other financial assets measured at amortised cost

Other financial assets measured at amortised cost includes loans and advances, security deposits and others. Credit risk related to these other financial assets is managed by
monitoring the recoverability of such amounts continuously and is based on the credit worthiness of those parties.

36.5 Liquidity risk is the risk that the company will not be able to meet its financial obligation as they fall due. Liquidity risk arises because of the possibility that the
company could be required to pay its liabilities earlier than expected. Liquidity risk is managed by monitoring on a regular basis that sufficient funds are available
to meet any future commitments. The company manages its liquidity risk by maintaining sufficient bank balance.

As on 31st March, 2024, the company's financial liabilities of ? 400.72 Thousand (31st March, 2023 7 404.60 Thousand) are all current and due in the next
financial year.

40 Additional regulatory Information required by Schedule III of Companies Act,2013

40.1 Details of Benaml property: ^

No proceeding have been Initiated or are pending against the Company for holding any Benaml property under the Benaml Transaction (Prohibition)
Act.1988 (45 of 1988) and the rules made thereunder.

40.2 Utilisation of borrowed funds and share premium:

The Company has not advanced or loaned or Invested funds to any other person (s) or entity (les). Including foreign entitles (Intermediaries) with
^ the understanding that the Intermediary shall:

i) directly or indirectly lend or Invest In other person or entitles identified In any manner whatsoever by or on behalf of the Company (Ultimate
Beneficiaries) or

ii) provide any guarantee,security or the like or on behalf of the ultimate beneficiaries.

The Company has not received any fund from any person (s) or entity (les), Including foreign entitles (Funding Party) with the understanding
^ (whether recorded In writing or otherwise) that the Company shall:

l) directly or indirectly lend or Invest in other person or entitles Identified In any manner whatsoever by or on behalf of the Company (Ultimate
Beneficiaries) or

ii) provide any guarantee^ecurity or the like or on behalf of the ultimate beneficiaries.

40.3 Compliance with number of layers of companies:

The Company has complied with the number of layers prescribed under the Companies Act,2013.

40.4 Compliance with approved scheme (s) of arrangements:

The Hon. National Company Law Tribunal, Mumbai Bench vide its order dated 10th April, 2024 has approved the Scheme of Arrangement of Seksaria
Industries Private Umited (‘Demerged Company No.l‘) and Seksaria Agritech Private Limited (‘Resulting Company No 1‘) and Ishwarshaktl Holdings &
Traders Limited (‘Demerged Company no.2‘) with Seksaria Finance Umited (“Resulting Company No 2‘) and their respective shareholders (' the
Scheme*). The appointed date In terms of the said Scheme Is 1st April, 2021. Hence the figures for the current quarter / year and earlier quarters / year
are presented after giving effect to the terms and conditions mentioned in the said scheme of Oemerger.

40.5 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 In the books of account

40.6 Details of crypto currency or virtual currency:

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

40.7 Valuation of Property, Plant and Equipment:

The Company has not revalued Its property, plant and equipment (including right-of-use-assets) during the current or previous year.

40.8 Willful Defaulter:

The Company is not declared as willful defaulter by any bank or financial Institution (as defined under the Companies Act, 2013) or consortium thereof
or other lender in accordance with the guidelines on willful defaulters Issued by the Reserve Bank of India.

40.9 Details of Transaction with Struck of Companies:

There are no Transactions with Struck of Companies during the Current and Previous Year.

The Board of Directors of the Company have passed a Resolution dated 2Sth February, 2022 approving the Composite Scheme of Arrangement of

Demerger between the company and other body Corporates pursuant to Section 230 to 232 and other applicable provisions, if any, of the Companies

41

Act 2013. The said Scheme has been approved as mentioned in para 41.4 above. Hence the Balance sheet for the current year and previous year has
been preapred after giving Impact to the various terms and conditions mentioned in the scheme with effect from 01st April, 2021.

42 The previous year figures have been regrouped/ reclassified, wherever necessary to confirm to the current year presentation.

SIGNATORIES TO SCHEDULES ‘1 TO 42*

. As per our report of even date attached For and on behalf of the Board of Directors

For and on behalf of

B L Dasharda & Associates Sd/- Sd/-

Chartered Accountants Geeta Seksaria VInay Seksaria

F.R.No: 11261SW Managing Director Director

Dln:0696005S Dln:00U6582

| sd/- Sd/- Sd/-

Sushant Mehta Vhrek Seksaria SameerKhedekar

Partner Director Company Secretary

M. No. 112489 DIn:00116698

$d/-

Shyam Aga rwal
Chief Financial Officer

Place: Mumbai Place: Mumbai

Dated 30th May ,2024 Dated :30th May ,2024

_UDIN NO: 24112489BKANVE3238