27. Contingent and disputed Liabilities not provided for: NIL

(i) In the opinion of the Board the Current Assets, Loans and Advances are approximately of the value as stated in Financial Statements, if realized in the ordinary course of business

(ii) The provision for all known and determined liabilities is adequate and not in excess of the amount reasonably required.

(iii) Balances of Debtors, Creditors and Loan and Advances are subject to confirmation.

(iv) The company has pending litigation of Income tax, but as the demand raised by the authorities (even after finalization of appeals) is to be adjusted against MAT already paid, the company don't foresee the cash flow of the company being negatively affected.

29. Employee Benefit Obligations

There is no employee in the company eligible to for

(i) Defined Contribution Plan or (ii) Defined Benefit Plan.

Other Long Term Employee Benefits includes Liability of Leave Encashment, which is paid annually.

BO. The figures for the previous year have been regrouped and rearranged wherever found necessary to make them comparable with those of current year.

31. The provision for taxation has been made after considering the benefits available to SEZ units under Income Tax Act.

32. Foreign exchange risk and exposure

The Company neither have any transaction nor exposure in Foreign Currency.

33. Segment Reporting

The Company is engaged in only one business segment hence no business segment reporting required. Ý—r-.

* The aforesaid amount doesn't includes amount in respect of gratuity and leave encashment. Remuneration is within limits specified under Section 197 of the Act, as recommended by Remuneration and Nomination Committee and approved by Board and approved by shareholders' at the annual General Meeting.

35. Loans or advances to specified persons

No loans or advances in the nature of loans are granted to promoters, directors, (as defined under Companies Act, 2013,) either severally or jointly with any other person, that are repayable on demand or without specifying any terms or period of repayment.

36. Expenditure towards Corporate Social Responsibility (CSR)

As per applicable laws, the company is not required to spent any amount on CSR.

37. (a) Expenditure in Foreign Currency : NIL

(b) Earning in Foreign Currency : NIL

38. Financial Risk Management

(i) Financial risk management objectives and policies

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

Market risk is the risk of loss of future earnings, fair values or future cash flows that may result from a change in the price of a financial instrument. The value of a financial instrument may change as a result of changes in the interest rates, foreign currency exchange rates, equity prices and other market changes that affect market risk sensitive instruments.

Market risk is attributable to all market risk sensitive financial instruments including investments and deposits, foreign currency receivables, payable and loans and borrowings.

The Company manages market risk through top management executives, which evaluates and exercises control over the entire process of market risk management The decisions which are approved by Senior Management. The activities of this department include management of cash resources, implementing hedging strategies for foreign currency exposures like foreign exchange forward contracts, borrowing strategies and ensuring compliance with market risk limits and policies.

(ii) Market Risk- Interest rate risk

Interest rate risk is the risk that the fair value of future cash flows of the financial instruments will fluctuate because of changes in market interest rates. In order to optimize the Company’s position with regards to interest income and interest expenses and to manage the interest rate risk. The company uses normally Fixed Deposit route to park the surplus funds For borrowing which reduces to Nil some time, company uses Bank borrowings at the prevailing rate of the Bank, after bargain by the senior management.

(iii) Market Risk- Foreign currency risk.

The Company operates internationally and portion of the business is transacted in several currencies and consequently the Company is exposed to foreign exchange risk through its sales and services in overseas and purchases from overseas suppliers in various foreign currencies. Foreign currency exchange rate exposure is partly balanced by purchasing of goods, commodities and services in the respective currencies.

39. Capital risk management

(i) Risk Management

The Company aim to manage its capital efficiently so as to safeguard its ability o continue as a going concern and to optimize returns to our shareholders The capital structure of the Company is based on management's judgement of the appropriate balance of key elements in order to meet its strategic and day-to-day needs. We consider the amount of capital in proportion to risk and manage the capital structure in light of changes in economic conditions and the risk characteristics of the underlying assets. In order to maintain or adjust the capital structure, the Company may adjust the amount of dividends paid to shareholders, return capital to shareholders or issue new shares The Company's policy is to maintain a stable and strong capital structure with a focus on total equity so as to maintain investor, creditors and market confidence and to sustain future development and growth of its business. The company will take appropriate steps in order to maintain, or if necessary adjust, its capital structure.

40. 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 account the financial condition, current economic trends, and analysis of historical bad debts and ageing of

financial assets Individual risk limits are set and periodically reviewed on the basis of such information.

The Company considers the probability of default upon initial recognition of asset and whether there has been a Material increase in credit risk on an ongoing basis through each reporting period. To assess whether there is a Material increase in credit risk the Company compares the risk of default occurring on asset as at the reporting date with the risk of default as at the date of initial recognition It considers reasonable and supportive forwarding-looking information such as:

i) Actual or expected Material adverse changes in business.

ii) Actual or expected Material changes in the operating results of the counter-party,

iii) Financial or economic conditions that are expected to cause a Material change to the counter-party's ability to meet its obligations,

iv) Material increase in credit risk on other financial instruments of the same counterparty,

v) Material changes in the value of the collateral supporting the obligation or in the quality of the third-party guarantees or credit enhancements.

Financial assets are written off when there is no reasonable expectations 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 recognized as an income in the statement of profit and loss.

The Company measures the expected credit loss of trade receivables from individual customers based on historical trend, industry practices and the business environment in which the entity operates. Loss rates are based on actual credit loss experience and past trends. Based on the historical data, loss on collection of receivable is not material hence no additional provision considered.

41. Trade Receivables and provision for expected credit losses (ECL)

The Company extends credit to customers as per the contractual obligation and internal credit policy. Any deviation are approved by appropriate authorities, after due consideration of the customers credentials and financial capacity, trade practices and prevailing business and economic conditions. The Company's historical experience of collecting receivables and the level of default indicate that credit risk is low and generally uniform across markets; consequently, trade receivables and contract assets are considered to be a single class of financial assets All overdue customer balances are evaluated taking into account the age of the dues, specific credit circumstances, the track record of the customers etc. Loss allowances and impairment is recognised as per the Company policy. The ageing of trade receivables are as follows:

43. Risk Management

(a) Credit risk arises from cash and cash equivalents:

Contractual cash flows of debt investments carried at amortised cost, deposited with banks, credit exposures from customers including outstanding receivables and other financial instruments. Trade receivables and contract assets. The Company extends credit to customers in normal course of business. The Company considers factors such as credit track record in the market and past dealings for extension of credit to customers. The Company monitors the payment track record of the customers. Outstanding customer receivables are regularly monitored The Company evaluates the concentration of risk with respect to trade receivables as low, as its customers are located in several jurisdictions and industries and operate in largely independent markets The Company has obtained advances and security deposits from its customers & distributors, which mitigate the credit risk to an extent.

(b) Liquidity Risk

Prudent liquidity risk management implies maintaining sufficient cash and marketable securities and the availability of funding through an adequate amount of committed credit facilities to meet obligations when due and to close out market positions. Due to the dynamic nature of the underlying businesses, Company maintains flexibility in funding by maintaining availability under committed credit lines. Management monitors rolling forecasts of the Company's liquidity position (comprising the undrawn borrowing facilities below) and cash and cash equivalents on the basis of expected cash flows

44. Financing arrangements (i) Financing arrangements

The Company do not enjoy any borrowing facilities at the end of the reporting period The borrowings are unsecured and are based on requirement of funds and on prevailing rate of interest.

(ii) Unused line of credit

As there is no credit facilities, there is no unused line of credit.

(iii) Assets pledged as Security

No assets are pledged as security for borrowings.

47. Fair value of financial assets and liabilities

Fair valuation techniques: The Company maintains policies and procedures to value financial

assets or financial liabilities using the best and most relevant available data.

The fair values of the financial assets and liabilities represents the amount 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.

The following methods and assumptions were used to estimate the fair values

1) Fair value of cash, bank and deposits, trade receivables, trade payables, and other current financial assets and liabilities approximate their carrying amounts largely due to the short-term maturities of these instruments.

2) Long-term fixed-rate and variable-rate loans/ borrowings are evaluated by the Company based on parameters such as interest rates, specific country risk factors, credit risk and other risk characteristics. Fair value of variable interest rate borrowings approximates their carrying values. For fixed interest rate borrowings, fair value is determined by using the discounted cash flow (DCF) method using discount rate that reflects the Company's borrowings rate. Risk of nonperformance for the company is considered to be immaterial in valuation.

3) The fair values of derivatives, if any, are estimated by using pricing models, where the inputs to those models are based on readily observable market parameters basis contractual terms, period to maturity, and market parameters such as interest rates, foreign exchange rates, and volatility These models do not contain a high level of subjectivity as the valuation techniques used do not require significant judgement, and inputs thereto are readily observable from actively quoted market prices. Management evaluates the credit and non-performance risks associated with its derivative counterparties and believe them to be immaterial and not warranting a credit adjustment.

in making payment (which has been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act, 2006.

4. Amount of interest accrued and remaining unpaid at the end of each accounting year.

5. Amount of further interest remaining due and payable even in the succeeding years, until such date when the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.

49. Sensitivity Analysis

The Company’s exposure to the risk of changes in market interest rates relates primarily to long term unsecured loans, debt. The company don’t have any long term secured borrowings, and unsecured borrowings are taken as per prevailing market rates based on negotiations, and also it has very low exposures to borrowings, therefore sensitivity is very less, hence analysis is not given

50. Commodity price risk and sensitivity There is no commodity affecting the working.

50. a. Valuation of Property Plant & Equipment, intangible asset

The Company has not revalued its property, plant and equipment or intangible assets or both during the current or previous year.

51. Utilisation of borrowed funds and share premium

No funds 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 or entity, including foreign entities ("Intermediaries") with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the Company (Ultimate Beneficiaries). The Company has not received any fund from any party(Funding Party) with the understanding that the Company shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Company ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

52. Title deeds of immovable properties

The title deeds of all the immovable properties, as disclosed in note 4,5 to the financial statements, are held in the name of the company

53. Event occurring after balance sheet date

There is no reportable event happened after balance sheet date and up to finalization of balance sheet except:

54. (i) Compliance with number of layers of companies

The Company has complied with the number of layers prescribed under the Section 2(87) of the Companies Act, 2013 read with Companies (Restriction on number of layers) Rules, 2017.

(iv) Compliance with approved schemo(s) of arrangements

The Company has not entered into any scheme of arrangement which has an accounting impact on current or previous financial year

(iii) During the year, the Company has not been sanctioned working capital limits in excess of Rs 5 crores, in aggregate, from banks.

55. Details of benami property held

No proceedings have been initiated on or are pending against the Company for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder. Notes to the Standalone Financial Statements for the year ended 31 March 2024

56. Wilful defaulter

The Company has not been declared wilful defaulter by any bank or financial institution or other lender.

57. Relationship with struck off companies

The Company has no transactions with the companies struck off under Section 248 of the Companies Act. 2013 or Section 560 of the Companies Act, 1956

58. Registration of charges or satisfaction with Registrar of Companies (ROC)

There are no charges or satisfaction yet to be registered with Registrar of Companies (ROC) beyond the statutory period

59. 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 previously in the books of account.

60. 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.

61. Utilisation of borrowings availed from banks and financial institutions

No borrowings obtained by the company from banks and financial institutions.

62. Accounting software having feature of Audit Trail

The company has used an accounting software for maintaining its books of account, which has a feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the software and during the year audit trail feature has not been tampered with.

63. The Financial Statements were authorised for issue by the directors on 29th May, 2024.