(n) Provisions and Contingent liabilities

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event,
it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and
a reliable estimate can be made of the amount of the obligation. Provisions are measured at the best estimate of the
expenditure required to settle the present obligation at the Balance Sheet date.

Provisions for warranty-related costs are recognised when the product is sold or service provided to the customer.
A present obligation that arises from past events, where it is either not probable that an outflow of resources will be
required to settle or a reliable estimate of the amount cannot be made, is disclosed as a contingent liability. Contingent
liabilities are also disclosed when there is a possible obligation arising from past events, the existence of which will be
confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control
of the Company.

Claims against the Company, where the possibility of any outflow of resources in settlement is remote, are not disclosed
as contingent liabilities.

Contingent Asset

Contingent asset is not recognised in standalone financial statements since this may result in the recognition of income
that may never be realised. However, when the realisation of income is virtually certain, then the related asset is not a
contingent asset and is recognized.

Provisions, contingent liabilities and contingent assets are reviewed at each Balance Sheet date

(o) Employee share based payment

The employees of the company and its subsidiary receive remuneration in the form of share-based payments in
consideration of the services rendered. Under the equity settled share based payment, the fair value on the grant date
of the awards given to employees is recognised as 'employee benefit expenses' with a corresponding increase in equity
over the vesting period. The fair value of the options at the grant date is calculated by an independent valuer using
Black Scholes Model. At the end of each reporting period, apart from the non-market vesting condition, the expense is
reviewed and adjusted to reflect changes to the level of options expected to vest. When the options are exercised, the
Company issues fresh equity shares.

(p) Borrowing cost

Borrowing cost includes interest, amortization of ancillary costs incurred in connection with the arrangement of borrowings
and exchange differences arising from foreign currency borrowings to the extent they are regarded as an adjustment to
the interest cost.

Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a
substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of the respective
asset. All other borrowing costs are expensed in the period they occur.

(q) Segment reporting

The Company has presented segment information in the consolidated financial statements, which are presented in the
same financial report. Accordingly, in terms of Paragraph 4 of Ind AS 108 'Operating Segments', no disclosures related
to segments are presented in these standalone financial statements.

(r) Measurement of earnings before interest, tax, depreciation and amortization (EBITDA)

As per Guidance Note on Division II- Ind AS Schedule III to the Companies Act, 2013, the Company has elected to
present earnings before interest, tax, depreciation and amortization (EBITDA) as a separate line item on the face of the
Statement of profit and loss. The Company measures EBITDA on the basis of profit from continuing operations. In its
measurement, the Company does not include depreciation and amortization expense, finance costs, finance income and
tax expense.

(r) Measurement of earnings before interest, tax, depreciation and amortization (EBITDA) (Contd.)

Over the last two years, the Company has seen business returning back to normal post the Covid period and has started
utilizing the deferred tax asset from the last quarter of the financial year ended 31 March 2023. Therefore, management
continues to consider it probable that future taxable profits would be available against which the tax losses can be
recovered and the related deferred tax asset can be realised.

The Company invoices its customer based upon contractual billing schedules. Accounts receivable are recorded
when the right to consideration becomes unconditional. Invoices are generally payable when raised. Contract assets
includes amounts related to our contractual right to consideration for completed performance objectives not yet invoiced
and deferred contract acquisition costs, which are amortized along with the associated revenue. Contract liabilities
include payments received in advance of performance under the contract, and are realized with the associated revenue
recognized under the contract.

(s) Standards issued but not yet effective

The Ministry of Corporate Affairs (“MCA”) notifies new standards or amendments to the existing standards under
Companies (Indian Accounting Standards) Rules as issued from time to time. During the current year, MCA notified
amendments to Ind AS 1 relating to the classification of liabilities, as current or non-current and non-current liabilities
with covenants. In the context of classifying a liability as current, it removes the requirement of existence of a right to
defer settlement for at least 12 months after the reporting date and instead requires that the said right should exist on
the reporting date and have substance. The amendment also introduces guidance on classification of liabilities with
covenants. Amendments to Ind AS 12 relating to International Tax Reform - Pillar Two Model Rules, the amendments
provide a temporary mandatory relief from deferred tax accounting for top-up tax and disclose that they have applied
the relief. This relief is immediate and applies retrospectively. Amendments to Ind AS 21 relating to the determination of
exchange rates where currencies are subject to a lack of exchangeability. The adoption of these amendments did not
have a material impact on the financial position, financial performance, or cash flows of the Company for the year ended
March 31, 2026.

Standards issued but not yet effective - Ind AS 1 - Presentation of Financial Statements - If a covenant breach occurs
on or before the reporting date and the liability becomes payable on demand, it must be classified as current, even if
the lender subsequently agrees not to demand repayment. The Company does not have any long-term borrowing with
covenants attached, and hence the above amendments will not have any impact on the Company.

a) The right to use assets pertains to office premises and warehouses taken on lease by the company and plant and
machinery pertains to V-sat taken on lease.

b) The Company is principally engaged in the business of exhibition of digital cinema. The carrying amount of goodwill as
at March 31,2026 is ' 2,907.22 lacs (March 31, 2025 : ' 2,907.22 lacs)

The Company has performed annual impairment assessment for the year ended March 31, 2026. The Company has
considerd its entire business as one cash generating unit for goodwill impairment assessment on account of synergies in
various businesses. In the current year, the Company has met it's budgets, there are no impairment indicators observed
on the CGU, accordingly the company has relied on estimated value in use computed by management in previous
financial year based on the assumptions using projections for a period of 5 years, as the Company believes this is to be
the most appropriate timescale over which to review and consider annual performances before applying a fixed terminal
value multiple to the final year cash flows. The estimated value-in-use computed by management is based on the future
cash flows using a 2% annual growth rate for periods subsequent to the forecast period of 5 years and discount rate of
10.5%. An analysis of the sensitivity of the computation to a change in key parameters (revenue forecasts, operating
margin, and discount rates), based on reasonable assumptions, did not identify any probable scenario in which the
recoverable amount of the Goodwill would decrease below its carrying amount.

(b) Terms/rights attached to equity shares
Voting rights

The Company has only one class of equity shares having face value of ' 10 per share. Each holder of equity shares
having a face value of '10 per equity share is entitled to one vote per equity share.

Rights as to Dividend

The equity shareholders have right to receive dividend when declared by the Board of Directors subject to approval in
the ensuing General Meeting, except in case of interim dividend. The Company declares and pays dividend in Indian
Rupees.

Rights pertaining to repayment of capital

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.

* On April 17, 2026, Mr. Raaja Kanwar and Apollo Green Energy Limited were reclassified from the Promoter category
to the Public category shareholders of the Company, and vide the resolution passed through Postal Ballot on April 17,
2026.

(e) Shares reserved for issue under options

For details of shares reserved for issue under the employee stock option (ESOP) plan of the Company refer note 31
There are no shares issued for consideration other than cash or bought back or by way of bonus in preceding five years.
There are no calls unpaid.

There are no shares forfeited during the year.

There are no pledges or encumbrances on the Company's equity shares as at the reporting date.

a) Securities premium reserve : Securities premium reserve is credited when shares are issued at premium. It can be utilised
to issue bonus shares, to provide for premium on redemption of shares or debentures, write-off equity related expenses like
underwriting costs, etc. as per the provision of Sec 52 of Companies Act, 2013

b) Capital Reserves : Reserve created under the scheme of arrangement (Business combination). The reserve is utilised in
accordance with the provisions of the Companies Act, 2013.

c) Employee share based payment reserve : The share option outstanding account is used to record value of equity-settled
share based payment transactions with employees. The amount recorded in this account are transferred to securities premium
upon exercise of stock options by employees. In case of forfeiture, corresponding balance is transferred to general reserve.

d) Retained earnings : Retained earning are the profit that the Company has earned till date, less any dividends or other
distribution paid to the shareholders or any transfer to general reserve. They represent free reserve available to the Company.

e) General reserve : The general reserve is a free reserve which is used from time to time to transfer profits from / to retained
earnings for appropriation purposes. It represents reserve created on account of transfer of cost relating to employee stock
options expired at the end of vesting period.

f) Amalgamation Deficit Reserve : The Scheme of Arrangement for the amalgamation of Company's wholly owned subsidiaries
including its step down subsidiaries all assets and liabilities, including reserves of the Amalgamating Companies have been
recorded at their respective book values as appearing in their respective books on the date immediately preceding the Appointed
Date. The difference in books of accounts of the Transferee Company on account of: Net assets taken over; Reserves acquired
and cancellation of investments in Transferor Companies and any consideration paid is recorded in Amalgamation Reserve
account of the Transferee Company.

g) Dividend : Dividend paid and declared by the Company during the year is ' Nil (March 31,2025 : Nil)

b) Defined benefit plan-Gratuity

The Company has a defined benefit gratuity plan. Every employee who has completed five years or more of service gets
a gratuity on departure at 15 days salary (wages) for each completed year of service. The scheme is funded with an
insurance company in the form of a qualifying insurance policy.

The following tables summarize the components of net benefit expense recognized in the statement of profit and loss
and the funded status and amounts recognized in the balance sheet for the respective plans.

31. Employee stock option plans

During the year ended March 31, 2026, the Company's equity-settled ESOP Scheme viz., ESOP Scheme 2014 was in existence.

(a) Employee Stock Option Scheme 2014 (ESOP 2014) :

Till year ended March 31, 2026, the Compensation Committee of the Board of Directors of the Company has granted
1,196,000 Options to the eligible employees of the Company and subsidiary companies under its Employee Stock
Option Scheme 2014 (ESOP 2014).

Out of the total options granted, Nil options have been exercised by the eligible employees and 12,225 options have
lapsed due to the resignation of eligible employees.

The details of activity under the Scheme 2014 are summarised below:

Notes:

a) The Company is contesting the demand/matter relating to pending litigations listed above and the management,
including its tax advisors, believe that its position will likely be upheld in the appellate process. No expense has been
accrued in the financial statements for the tax and other demands raised. The management believes that the ultimate
outcome of these proceedings will not have a material adverse effect on the Company's financial position and results of
operations.

b) The Company has reviewed all its pending litigations and proceedings and has adequately provided for where provisions
are required and disclosed as contingent liabilities where applicable. The Company does not expect the outcome of
these proceedings to have a materially adverse effect on its financial position.

36. Details of dues to micro and small enterprises as defined under the MSMED Act, 2006

Under the Micro, Small and Medium Enterprises Development Act, 2006 ('MSMED') which came in to force from October 2,
2006, certain disclosures are required to be made relating to dues to Micro and Small enterprises. On the basis of information
and records available with the Management, the following disclosures are made for the amounts due to Micro and Small
enterprises:

The fair value of the financial 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 a forced or liquidation sale.

The following table provides the fair value measurement hierarchy of the Company's financial assets and liabilities.
The carrying value and fair value of financial assets and liabilities by hierarchy as at March 31, 2026 were as follows:

The Company's financial liabilities comprise mainly of borrowings, trade payables , other payables and Corporate guarantees.
The Company's financial assets comprise mainly of investments, cash and cash equivalents, other balances with banks, loans,
trade receivables and other receivables.

The Company is exposed to market risk , credit risk and liquidity risk. The Company's Board of Directors oversees the
management of these risks. The Company's Board of Directors determines the financial risks and the appropriate financial risk
governance framework through relevant policies and procedures for the Company. The Board of Directors reviews and agrees
policies for managing each of these risks, which are summarised below:

1. Market risk

Market Risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes
in market prices. Market risk comprises two types of risks: interest rate risk and currency risk. Financial instruments
affected by market risk include borrowings, investments and deposits, loans and derivative financial instruments.

a) Interest rate risk :

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of
changes in market interest rates. The Company's exposure to the risk of changes in market interest rates relates
primarily to the long-term debt obligations with floating interest rates. The Company manages its interest rate risk
by having a portfolio of fixed and variable rate loans and borrowings wherever feasible.

The following table demonstrates the sensitivity to a reasonably possible change in floating rate of interest on
borrowings . With all other variables held constant, the Company's profit before tax is affected through the impact
on floating rate borrowings, as follows:

b) Currency risk

Currency risk is the risk that the fair value or future cash flows of financial instruments will fluctuate because of the
change in foreign currency exchange rates. The majority of the Company's revenue and expense are in Indian
Rupees, with the remainder denominated in US Dollars. Management considers currency risk to be low and does
not hedge its own currency risks.

2. Credit risk :

The risk of financial loss arising from counterparty failure to repay or service debt according to the contractual terms or
obligations. Credit risk encompasses of both, the direct risk of default and the risk of deterioration of creditworthiness as well
as concentration of risks. Credit risk is controlled by analysing credit limit and creditworthiness of customers on a continuous
basis to whom the credit has been granted after obtaining necessary approval for credit. The Company majorly operates
locally and hence Company's exposure on credit risk from receivable's in different geographies is not significant.

Financial instruments that are subject to concentration of credit risk principally consist of trade receivables, unbilled revenue,
loan to subsidiary, investments, cash and cash equivalents, bank deposits and other financial assets .

Exposure to credit risk:

The carrying amount of financial assets represents the maximum credit exposure. The maximum credit risk exposure to credit
risk was ' 21,556.26 lacs and ' 20,666.33 lacs as at March 31,2026 and March 31,2025 respectively as per the table below.

Trade receivables and unbilled revenue are typically unsecured and are derived from revenue earned from customers.
Credit risk has always been managed by the Company by continuously monitoring the credit worthiness of customers
to which the Company grants credit terms in the normal course of business. Credit risk on cash and cash equivalents is
limited as the Company generally invest in deposits with banks with high credit ratings assigned by international credit
rating agencies.

Credit risk has always been managed by the Company through credit approvals, establishing credit limits and continuously
monitoring the creditworthiness of the customers to which the Company grants credit terms in the normal course of
business. The Company uses the expected credit loss model to assess any required allowances; and uses a provision
matrix to compute the expected credit loss allowance for trade receivables and unbilled revenues. This matrix takes into
account credit reports and other related credit information to the extent available. None of the other financial assets of
the Company result in material concentration of credit risk. No single customer contributes to > 10% of sales.

The Company has also considered the effect of changes, if any, in both counterparty credit risk and own credit risk
while assessing risk pertaining to financial assets. The Company continues to believe that there is no impact on such
assets.

3. Liquidity risk

Liquidity risk is the risk that the Company will encounter difficulty in raising funds to meet commitment associated with
financial instruments that are settled by delivering cash or another financial assets. Liquidity risk may result from an
inability to sell a financial asset quickly at close to its fair value.

The Company has an established liquidity risk management framework for managing its short term, medium term and
long term funding and liquidity management requirements. The Company's exposure to liquidity risk arises primarily
from mismatches of the maturities of financial assets and liabilities. The Company manages the liquidity risk by having
adequate amount of credit facilities agreed with banks to ensure that there is sufficient cash to meet all its normal
operating commitments in a timely and cost effective manner.

The table below analyses financial liabilities of the Company into relevant maturity groupings based on the remaining
period from the reporting date to the contractual maturity date. The amounts disclosed in the table are the contractual
undiscounted cash flows.

40. Capital management

For the purpose of the Company's capital management, capital includes issued equity capital, securities premium and all
other equity reserves attributable to the equity holders. The primary objective of the Company's capital management is to
maximise the shareholder value. The Company manages its capital structure and makes adjustments in light of changes in
economic conditions and the requirements of the financial covenants. To maintain or adjust the capital structure, the Company
may adjust the dividend payment to shareholders, return capital to shareholders or issue new shares. The Company monitors
capital using a gearing ratio, which is long term debts including current maturities divided by equity attributable to owners of
Company .

41. Events subsequent to Balance Sheet date

There are no events subsequent to Balance Sheet date which require adjustment to or disclosure in the Standalone Financial
Statements.

42. Corporate social responsibility

As per section 135 of the Companies Act, 2013 and rules therein, the Company is exempted from requirement of spending at
least 2% of average net profit of past three years towards Corporate Social Responsibility (CSR). Details of corporate social
responsibilities expenditures are as follows:

The areas of CSR activities are on providing healthcare, education and rehabilitation for underprivileged girls and children from
the rural village.

A CSR committee has been formed by the Company as per the Act. The funds were primarily utilized on these activities which
are specified in Schedule VII of the Companies Act, 2013:

44. Acquisition of business

During the previous year, the Company has acquired digital cinema deployment business under Business Transfer Agreement
dated December 16, 2024 from United Media works Private Limited for a consideration of ' 1,300 lacs, in order to gain
benefits of business synergies and expansion of current market presence of the Company. Out of the total consideration,
'1,000 lacs is paid by the company on the transaction date while balance consideration of ' 300 lacs is payable over a period
of 24 months which is discounted by the Company as per Ind AS 109.

E. Disclosure related to combined entity's revenue as if the acquisition had been done at beginning of the year:

It is impracticable for the Company to disclose Revenue and Profit information of the said business as the given
acquisition of the business is a slump sale transaction where specific assets and liabilities were identified and transferred
and no information of revenue from operations and profits of the said business of United Mediaworks Private Limited is
available with the Company.

45. Investments during the yearInvestment by the CompanyInvestment in Nova Cinemaz Private Limited.

During the year ended March 31,2026, the Company has made an investment of '120 lacs in Nova Cinemaz Private Limited,
subscribing to 12,000 Non-Cumulative Optionally Convertible Redeemable Preference Shares ('NCOCRPS') of face value of
' 1,000/- each at par, this allotment has been approved by the Board of Directors of Nova Cinemaz Private Limited.

47. Additional Regulatory Information

(i) The Company has borrowings from banks and financial institutions on the basis of security of current assets. The quarterly
returns or statements of current assets filed by the Company with banks and financial institutions are in agreement with
the books of accounts.

(ii) The Company has not been declared wilful defaulter by any bank or financial institution or government or any government
authority.

(iii) The Company do not have any transactions with the companies struck off under Companies Act, 2013 or Companies
Act, 1956.

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

(v) The Company do not have any Benami property, where any proceeding has been initiated or pending against the

Company for holding any Benami property.

(vi) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory
period.

(vii) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

(viii) The Company does not have any such transaction which is 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 or any other relevant provisions of the Income Tax Act, 1961).

(ix) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), 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 (“Ultimate
Beneficiaries”) by or on behalf of the Company.

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

(x) The Company has not received any fund from any person(s) or entity(ies), 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 (“Ultimate
Beneficiaries”) by or on behalf of the Funding Party.

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