6.1 Share Application money of Rs.16,10,000/- given to Mehta Tree House & Infrastructure Private Limited towards purchase of shares.

6.2 The carrying amount of these deposits classified as financial assets represents fair value as required within the mearning of Indian Accounting Standard (Ind AS) 109. However the assets are not valued by a registered valuer during the year.

6.3 Security deposits includes deposit given to Educational Trust amounting to Rs.14,478/- Lakhs (Previous Year Rs.14,538/-Lakhs).

6.4 Statutory dues receivable of Rs.4.71 crores are the tds refund receivable from the Income tax department, which is withheld by the department due to tax demand for which company has gone for appeal.

6.5 Refer Note No.42.2 for Fair Valuation of Security Deposits.

13.1 Terms/ rights attached to equity shares

The company has only one class of equity shares having face value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the company, the holders of equity shares 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.

Note 32: Employee Stock Option Plans

Fair Valuation of ESOP has not been carried out by the management as required within the meaning of Indian Accounting Standard (Ind AS) 109.

Note 33: Segment information

The activities of the Company comprise of only one business segment i.e. "providing education and related services including leasing of education infrastructure". The company operates in only one segment.

Note 36: Corporate Social Responsibility (CSR) Expenses

In view of the losses during preceding three years, the company has not made any provision for Corporate Social Responsibility Expesnes during the year. (Previous Year provision : Nil) .

Note 37: Revaluation of Assets and Liabilities

The Company does not own any immovable property. Share Investment with JT Infrastructure Pvt Ltd is not changed since Net Asset Value of JT Infrastructure Pvt Ltd is higher than the investment shown in the books.

Note 38 - Disposal/ Write off of Fixed Assets:

The company has sold some of its reclassified assets for a profit of Rs.43,930/- during the financial year (ref sch 4).

Note 39 - Impairment of Fixed Assets:

The Company has not impaired any assets during the year.

Note 40: Assets Pledged as security

The Company has not Pledged any of its Assets as security for current or non current borrowings.

Note 41: Fair Value measurement - (Ind AS) 113 Financial Instrument by categary and hierarchy:

The fair values of the financial assets and liabilites are 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:

1. Fair value of cash and short term deposits, trade and other short term receivables, trade payables, other current liabilities, short term loans from banks and other financial institutions approximate their carrying amounts largely due to short term maturities of these instruments.

2. The fair value of security deposits on which there is no recovery were calculated based on cash flow discounted using a current lending rate. For financial assets and liabilities that are measured at fair value, the carrying amounts are equal to the fair values.

The company uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique.

Level 1 : Quoted (unadjusted) prices in active markets for identical assets or liabilities.

Level 2: Other techniques for which all inputs which have significant effect on the recorded fair value are observable, either directly or indirectly.

Level 3: Techniques which use inputs that have a significant effect on the recorded fair value that are not based on observable market data.

Note 42: Financial Risk Management

Financial risk management objectives and policies

The Company's financial risk management is an integral part of how to plan and execute its buisness startegies. The Company's financial risk management policy is set by the Board.

Credit Risk:

Credit risk arises from the possibility that the counter party may not be able to settle their obligations as agreed. To manage this, the Company periodically assesses financial reliability of customers and other counter parties, taking into acount the financial condition, current economic trends.

Financial assets are written off when there is no reasonable expections of recovery, such as a debtor failing to engage in a repayment plan with the Company. Where loans or receivables have been written off, the Company continues to engage in enforcement activity to attempt to recover the receivable due. Where recoveries are made, these are recognised as income in statement of profit and loss.

The financial statements were approved for issue by the board of directors on 03rd May 2024.