Estimation of Fair Value

The Company obtains independent valuation for its investment properties at least annually. The best evidence of fair value is current prices in an active market for similar properties

vi) The fair values of invesment properties have been determined by independent valuer who holds recognised and relevant professional qualification. The Main input used are rental growth rates, terminal yields and discount rates based on comparable transactions and industry data. The fair value estimates for investment properties, belonging to buildings, are included in level 2 whereas the fair value estimates for investment properties, belonging to agricultural land, are included in level 3.

vii) The Company has no restriction on the realisability of its investment properties

viii) The Company has no contractual obligations to purchase, construct or develop investment properties and for enhancements.

B. Nature and purpose of reserves

Retained Earnings: Retained earnings are the profits that the Company has earned till date, less any transfers to general reserve, dividends or other distributions paid to shareholders.

Remeasurement Gains/(Losses) On Defined Benefits Plans: Differences between the interest income on plan assets and the return actually achieved, and any changes in the liabilities over the year due to changes in actuarial assumptions or experience adjustments within the plans, are recognised in 'Other comprehensive income' and subsequently not reclassified to the Statement of Profit and Loss.

Remeasurement Gains/(Losses) On Investments: Difference between fair valuation of shares are recognised in 'Other comprehensive income'.

Amalgamation Reserve: The Company has recognised Amalgamation Reserves on amalgamation of company as per statutory requirements. This reserve is available for capitalisation/declaration of dividend/ share buy-back.

Securities Premium : The amount received in excess of face value of the equity shares is recognised in Securities Premium. In case of equity-settled share based payment transactions, the difference between fair value on grant date and nominal value of share is accounted as securities premium.

Capital Reserve : The Company has recognised Amalgamation Reserves on amalgamation of company as per statutory requirements. This reserve is available for capitalisation share.

30 EMPLOYEE BENEFITS OBLIGATIONS Defined Benefit Plan

Define Contribution Plan

Contribution to Defined Contribution Plan , Charged - -

off for the year as under

Employers contribution to Providend Funds - -

Defined Benefit Plan

The employees' gratuity scheme is a defined benefit plan. The present value of obligation is determined based on actuarial valuation using the Projected Unit Credit Method. Under the PUC method a projected accrued benefit is calculated at the beginning of the period and again at the end of the period for each benefit that will accrue for all active member of the plan.

31 FINANCIAL INSTRUMENTS

A Accounting Classifications and Fair Values

i) The fair value of the assets and liabilities are included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in forced or liquidation sale.

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

a) 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 instruments approximate their carrying amounts largely due to the short term maturities of these instruments.

b) Financial instruments with fixed and variable interest rates are evaluated by the company based on parameters such as interest rates and individual credit worthiness of the counterparty. Based on this evaluation, allowances are taken to the account for the expected losses of these receivables.

c) The management considers that the carrying amounts of financial assets and financial liabilities recognised in the standalone financial instruments approximate their fair values.

B Fair Value Hierarchy

The fair value of financial instruments as referred to in note (A) above have been classified into three categories depending on the inputs used in the valuation technique. The hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and lowest priority to unobservable inputs (Level 3 measurements).

The categories used are as follows:

• Level 1: Quoted prices for identical instruments in an active market;

• Level 2: Directly or indirectly observable market inputs, other than Level 1 inputs; and

• Level 3: Inputs which are not based on observable market data.

The Board of Directors of the Company, which has been identified as being the Chief Operational Decision Maker (CODM), evaluates the company's performance. It is also responsible to allocate the resources based on analysis of various performance indicators. The CODM reviews segmental performance based on revenue only as such other details are not presented.

All operations of Company are in India, as such there is one single geographical segment.

Revenue from major customers

The company has earned its Interest income from one external customers Rs. 128.70/- Lakhs during the year 2024-25 and Rs. 44.42/- lakhs and Rs 12.58/- lakhs respectively from 3 external cutomers during 2023-24.

34 Commitments and contingencies

Capital commitments

The Company has contractually committed (net of advances) Nil and Nil as at March 31, 2025 and 2024, respectively, for purchase of property, plant and equipment. Contingencies Nil

Guarantees and letter of comfort Nil

ii The Company have not traded or invested in crypto currency or virtual currency during the financial year.

iii The Company do not have any transactions with companies struck off.

iv The Company have not advanced or loaned or invested funds to any other person(s) or entity(is), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

(a) 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

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

v The Company have not received any fund from any person(s) or entity(is), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries

vii The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property.

ix Company is not required to submit statement of current assets with the bank and therefore reconcilation of the statement filed by the company with bank and the books of accounts is not applicable.

x The fair value of investment property is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

xi The Company has not revalued any item of property, plant and equipment and Intangible Asset

xii The Company does not have any borrowings from banks and financial institutions .

xiii The Company does not have any transaction which is not recorded in the books of accounts that has been subsequently surrendered or disclosed as income during the year as part of

the on going tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

xiv Company has not received any grants and donations.

xv The Company has not been declared as wilful defaulter by any bank or financial institution or government or any government authority.

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

xvii There are no charges or satisfaction of charge yet to be registered with the Registrar of Companies beyond the Statutory Period.

xviii The Company have not entered into any scheme(s) of arrangements during the financial year.