Note 31 : Contingent liabilities commitments & Contingent Assets(to the extent not provided for)

Contingent Liabilities:

There is no contingent liability not acknowledged as debt.

Contingent Assets:

The Company's Trade Receivables include amount of Rs. 228.71 Lakhs. which is outstanding for substantial period of time , Company has received balance
confirmations from the parties, therefore management is of the opinion that no provision is required for possible loss on such trade receivables.

The management is of view that as per Ind AS 36, no impairment loss is required to be recognised, as the present values of assets are higher than the carrying
amount of such assets.

Note 33 : As the Company has no activities otherthan those of aninvestmentcompany,thesegmentreportingunderIndianAccountingStandardInd AS 108 - ‘Operating
Segments' is not applicable. The Company does not have any reportable geographical segment.

Note 34 : Previous year's figures have been re-grouped/ re-classified, wherever necessary, to make them comparable with the current year's figures.

The Company has not made interest provision nor received any Interest on unsecured Inter-Corporate loan (parties covered under section 186 of the Companies

Note 35 _:

Act, 2013) of Rs. 547.02 lakhs, (yearend balance of such loan is Rs. 447.02 lakhs).

Note 36 : The Company has neither paid nor provided interest on few of its borrowings during the financial year (year end balances of such borrowing are Rs. 300 lakhs).

Note 37 : The Company has granted interest free unsecured loan to its Subsidiary company.

Some of the balances of Trade Receivables, Deposits, Loans and Advances, Advance received from customers and Trade payable are subject to confirmation from
the respective parties and consequential reconciliation/ adjustment.

B. Fair values hierarchy

Financial assets and financial labilities are measured at fair value in the financial statements and are grouped into three levels of a fair value
hierarchy. The three levels are defined based on the observability of significant inputs to the measurement, as follows::

Level 1: Quoted prices (unadjusted) for identical instruments in an active market;

Level 2: Directly (i.e. as prices) or indirectly (i.e. derived from prices) observable market inputs, other than Level 1 inputs; and
Level 3: Inputs which are not based on observable market data (unobservable inputs).

V aluation

The fair values of the financial assets and liabilities (other than above) are defined as the price that would be received to sell an asset or paid to
transfer a liability in an orderly transaction between market participants at the measurement date. M ethods and assumptions used to estimate the
fair values are consistent

Financial assets and liabilities measured at fair value as at Balance Sheet date:

(i) Short-term financial assets and liabilities are stated at carrying value which is approximately equal to their fair value.

(ii) Management uses its best judgement in estimating the fair value of its financial instruments. However, there are inherent limitations in any
estimation technique. Therefore, for substantially all financial instruments(other than above), the fair value estimates presented above are not
necessarily indicative of the amounts that the Company could have realised or paid in sale transactions as of respective dates. As such, fair value of
financial instruments subsequent to the reporting dates may be different from the amounts reported at each reporting date.

C. Financial Risk Management Framework

The Company's business activities are exposed to a variety of financial risks, namely market risk, liquidity risk, interest rate risk and credit risk. The
Company's management and the Board of Directors has the overall responsibility for establishing and governing the Company's risk management
framework. The Board of Directors which is responsible for developing and monitoring the Company's riskmanagement policies. The Company's risk
management policies are established to identify and analyse the risks faced by the Company, to set and monitor appropriate risk limits and controls,
periodically review the changes in market conditions and reflect the changes in the policy accordingly. The key risks and mitigating actions are also
placed before the Audit Committee of the Company.

i) Credit Risk

Credit risk is the risk of financial loss to the Company if a customer or counter-party fails to meet its contractual obligations. Financial instruments
that are subject to credit risk principally consist of trade receivables, investments, loans, cash and cash equivalents, other balances with banks and
other financial assets. N one of the financial instruments of the Company result in material credit risk.

Credit risk with respect to trade receivables are limited,due to the Company has a policy of dealing only with credit worthy counter parties and
obtaining sufficient collateral, where appropriate as a means of mitigating the risk of financial loss from defaults. All trade receivables are reviewed
and assessed fordefault on a quarterly basis. Our historical experience of collecting receivables is that credit risk is low. Hence, trade receivables are
considered to be a single class of financial assets.

Credit risk on cash and cash equivalents, other bank balances with bank is limited as the Company generally invest in deposits with banks.

The Company's maximum exposure to credit risk as at 31st March, 2025 and 2024 is the carrying value of each class of financial assets.

ii) Liquidity risk

The Company's principal sources of liquidity are cash and cash equivalents' and cash flows generated from operations. The Company believes that its
working capital is sufficient to meet the financial liability. The company has no borrowings.The Company has invested its surplus funds in fixed
deposits with banks, thereby ensuring safety of capital and availability of liquidity as and when required. Hence, the Company carries a negligible
liquidity risk.

The Company maintained a cautious liquidity strategy, with a positive cash balance throughout the year ended 31st March, 2025 and 31st March,
2024. Cash flowfrom operating activities provides the funds to service the financial liabilities on a day-to-day basis.The Company invests its surplus
funds in bank fixed deposit which carry no or low market risk.

iii) Market Risk

Market risk is the risk that the changes in market prices such as interest rates and equity prices will affect the Company's income or the value of its
holdings of financial instruments. The obj ective of market risk management is to manage and control market risk exposures within acceptable
parameters, while optimising the return.

a) Interest rate risk

Interest rate risk is measured by using the cash flowsensitivity for changes in variable interest rates. Any movement in the reference rates could
have an impact on theCompany's cash flows as well as costs. The Company is subject to variable interest rates on some of its interest bearing
liabilities. The Company's interest rate exposure is mainly related to borrowing obligations. The Company has no borrowings and hence the
Interest rate risk is negligible.

b) Price risk

The Company's exposure to price risk arises from investments held and classified in the balance sheet either as fair value through other
comprehensive income or at fair value through profit and loss. To manage the price risk arising from investments, the Company diversifies its
portfolio of assets.

To manage its price risk arising from investments in equity securities , the Company diversifies its protfolio across capitalisation sectors with
large cap bias and active monitoring of the portfolio using effective strategic tools. Diversification of the portfolio is as per the Investment policy of
the Company.

Note 44 : Following are the additional disclosures required as per Schedule III to the Companies Act, 2013 vide Notification dated

March 24, 2021 :

a. Title deeds of Immovable Property

Title deeds of immovable properties in the case of land are held in the name of the Company.

b. Fair valuation of Investment property

The company has not classified any property as Investment property, hence fair valuation of Investment property by a registered
valuer as defined under Rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017 does not arise.

c. Revaluation of Property, Plant and Equipment and Right -of- U se Assets

The Company has not revalued any of its Property, Plant and Equipment (including Right-of-Use Assets) during the current
reporting period and also reporting period and also for previous years reporting period.

d Details of Benami Property held:

There are no proceedings which have been initiated or pending against the Company for holding any benami property under the
Benami Transactions (Prohibition) Act, 1988 and rules made thereunder.

e. W illful Defaulter:

The Company has not been declared as W illful Defaulter by any Bank or Financial Institution or other Lender.

f. Relationship with S truck off C ompanies :

During the year, the Company does not have any transactions with the companies struck off under section 248 of Companies
Act, 2013 or section 560 of Companies Act, 1956.

g. Borrowings secured against current assets

The Company does not have any borrowings from banks or financial institutions on the basis of security of current assets the
financial statements; hence no disclosure is required as such.

h. Registration of Charges or Satisfaction with Registrar of Companies (ROC)

There are no charges against the companies which are yet to be registered or satisfaction yet tobe registered with ROC beyond
the statutory period, hence no disclosures are required as such.

i. Compliance with number of layers of companies

The Company has complied with the number of layers prescribed underclause (87) ofsection2 of the Act read with Companies
(Restriction on number of Layers) Rules, 2 017.

j. U tilisation of Borrowed funds and share premium

No funds (which are material either individually or in the aggregate) have been advanced or loaned or invested (either from
borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other person(s) or
entity(ies), including foreign entities (Intermediaries'), with the understanding, whether recorded in writing or otherwise, that
the Intermediary shall, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or
on behalf of the Company ( 'Ultimate Beneficiaries') or provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

No funds (which are material either individually or in the aggregate) have been received by the Company from any person(s) or
entity(ies), including foreign entities (Funding Parties'), with the understanding, whether recorded in writing or otherwise, that
the Company shall, directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on
behalf of the Funding Party ( Ultimate Beneficiaries') or provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

k U ndisclosed Income

The Company does not have any transactions not recorded in the books of accounts that has been surrendered or disclosed as
income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey orany otherrelevant
provisions of the Income Tax Act, 1961). Also, there are nil previously unrecorded income and related assets.

l. Details of Crypto Currency Or V irtual Currency

The Company has not traded or invested in Crypto Currency or Virtual Currency during the financial year, hence disclosure
requirements for the same is not applicable

m. Corporate Social Responsibility Activities

The Company is not required to comply with the provisions of Section 135 of the Companies Act, 2013

Note 48 : Other Disclosure

Disclosure of details as required in terms of paragraph 13 of Non-Systemically important Non-Banking Financial Non- Deposit
Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions 2016 is as per Annexure.

For Sarda Soni Associates LLP For and on behalf of the board

Chartered Accountants

Firm Registration No. : 117235W Suresh Gaggar Ramakant Gaggar Vishnu K. Bhangadia

Director Managing Director Director

DIN : 00599561 DIN : 01019838 DIN: 02405217

Manoj Kumar J ain

Partner

Membership No. 120788 Sanjay Raut Shipra Rathi

Chief Financial Officer Company Secretary

Place : Mumbai
Date : 30/05/2025