1.15. Provision and contingent liabilities / assets:

A provision is 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.

If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects,
when appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the
passage of time is recognised as a finance cost in the statement of profit and loss.

Contingent liability is disclosed in case of:

- a present obligation arising from past events, when it is not probable that an outflow of resources will be required
to settle the obligation.

- present obligation arising from past events, when no reliable estimate is possible

- a possible obligation arising from past events where the probability of outflow of resources is not remote.

Contingent asset is not recognised in the financial statements. A contingent asset is disclosed, where an inflow of
economic benefits is probable.

Provisions, contingent liabilities and contingent assets are reviewed at each balance sheet date.

1.16. Cash and cash equivalents:

Cash and cash equivalents in the balance sheet comprise cash at banks and on hand and short-term deposits with an
original maturity of not more than three months, which are subject to an insignificant risk of changes in value.

1.17. Cash flow statement:

Cash Flows are reported using the indirect method, whereby net Profit before tax is adjusted for the effects of
transactions of a non-cash nature, such as deferrals or accruals of past or future operating cash receipts or payments
and items of income or expenses associated with investing or financing cash flows. For the purpose of presentation in
the statement of cash flows, bank overdrafts are considered to be part of cash and cash equivalents.

1.18. Leases

At inception of a contract, the company assesses whether a contract is, or contains, a lease. A contract is, or contains,
a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for
consideration. To assess whether a contract conveys the right to control the use of an identified asset, the company
assesses whether:

• the contract involves the use of an identified asset - this may be specified explicitly or implicitly and should be
physically distinct or represent substantially all of the capacity of a physically distinct asset. If the supplier has a
substantive substitution right, then the asset is not identified.

• the Company has the right to obtain substantially all of the economic benefits from use of the asset throughout
the period of use; and

• the Company has the right to direct the use of the asset. The Company has this right when it has the decision¬
making rights that are most relevant to changing how and for what purpose the asset is used. In rare cases where
the decision about how and for what purpose the asset is used is predetermined, the Company has the right to
direct the use of the asset if either:

- the Company has the right to operate the asset; or

- the Company designed the asset in a way that predetermines how and for what purpose it will be used.

At inception or on reassessment of a contract that contains a lease component, the Company allocates the consideration
in the contract to each lease component on the basis of their relative stand-alone prices.

Company as a lessee

The Company recognises a right-of-use asset and a lease liability at the lease commencement date. The right-of-
use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease
payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs
to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less
any lease incentives received.

The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to
the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. The estimated useful lives of
right-of-use assets are determined on the same basis as those of property and equipment. In addition, the right-of-use
asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability.

The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement
date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company's
incremental borrowing rate. Generally, the Company uses its incremental borrowing rate as the discount rate.

Lease payments included in the measurement of the lease liability comprise the following:

• fixed payments, including in-substance fixed payments.

• variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the
commencement date.

• amounts expected to be payable under a residual value guarantee; and

• the exercise price under a purchase option that the Company is reasonably certain to exercise, lease payments in
an optional renewal period if the Company is reasonably certain to exercise an extension option, and penalties
for early termination of a lease unless the Company is reasonably certain not to terminate early.

The lease liability is measured at amortised cost using the effective interest method. It is remeasured when there is
a change in future lease payments arising from a change in an index or rate, if there is a change in the Company's
estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its
assessment of whether it will exercise a purchase, extension or termination option.

When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount
of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been
reduced to zero.

Company as a lessor

Leases in which the company does not transfer substantially all the risks and rewards of ownership of an asset
are classified as operating leases. Rental income from operating lease is recognised on a straight-line basis over
the term of the relevant lease unless the payments to the lessor are structured to increase in line with expected
general inflation to compensate for the lessor's expected inflationary cost increases or another systematic basis
is available. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying
amount of the leased asset and recognised over the lease term on the same basis as rental income. Contingent
rents are recognised as revenue in the period in which they are earned.

Leases are classified as finance leases when substantially all of the risks and rewards of ownership transfer from
the company to the lessee. Amounts due from lessees under finance leases are recorded as receivables at the
company's net investment in the leases. Finance lease income is allocated to accounting periods to reflect a
constant periodic rate of return on the net investment outstanding in respect of the lease.

Short-term leases and leases of low-value assets

The company has elected not to recognise right-of-use assets and lease liabilities for short-term leases that have
a lease term of 12 months or less and leases of low-value assets. The company recognises the lease payments
associated with these leases as an expense on a straight-line basis over the lease term.

1.19. Fair value measurement

Fair value is 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. The fair value measurement is based on the presumption that
the transaction to sell the asset or transfer the liability takes place either:

- In the principal market for the asset or liability, or

- In the absence of a principal market, in the most advantageous market for the asset or liability.

The principal or the most advantageous market must be accessible by the Company. The fair value of an asset or a
l iabil ity is measured using th e assumptions that market participants woul d u se when pricin g the asset or l iabil ity,
assuming that market participants act in their economic best interest. A fair value measurement of a non-financial
asset considers a market participant's ability to generate economic benefits by using the asset in its highest and best
use or by selling it to another.

The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data
are available to measure fair value, maximising the use of relevant observable inputs and minimising the use of
unobservable inputs.

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

• Level 2 - Valuation techniques for which the lowest level input that is significant to the fair value measurement is
directly or indirectly observable.

• Level 3 - Valuation techniques for which the lowest level input that is significant to the fair value measurement is
unobservable.

For assets and liabilities that are recognised in the financial statements on a recurring basis, the Company determines
whether transfers have occurred between levels in the hierarchy by re-assessing categorisation (based on the lowest
level input that is significant to the fair value measurement as a whole) at the end of each reporting period.

For the purpose of fair value disclosures, the Company has determined classes of assets and liabilities based on the
nature, characteristics and risks of the asset or liability and the level of the fair value hierarchy as explained above.

1.20. Financial instruments

1.20.1. Financial assets

Initial recognition and measurement

A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity
instrument of another entity. Financial instruments also include derivative contracts such as foreign currency foreign
exchange forward contracts, interest rate swaps and currency options; and embedded derivatives in the host contract.
All financial assets are recognised initially at fair value plus, in the case of financial assets not recorded at fair value
through profit or loss, transaction costs that are attributable to the acquisition of the financial asset.

Subsequent measurement

For purposes of subsequent measurement, financial assets are classified in one of the three categories:

a) At amortised cost

b) At fair value through Other Comprehensive Income ('FVTOCI')

c) At fair value through profit or loss ('FVTPL')

(a) Financial assets classified as measured at amortised cost

A financial asset shall be measured at amortised cost if both of the following conditions are met:

- the financial asset is held within a business model whose objective is to hold financial assets in order to collect
contractual cash flows and

- the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of
principal and interest on the principal amount outstanding.

After initial measurement, such financial assets are subsequently measured at amortised cost using the effective interest
rate ('EIR') method, less impairment charge. Amortised cost is calculated by considering any discount or premium on
acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included in finance expense/
(income) in the statement of profit and loss. The losses arising from impairment are recognised in the statement of
profit and loss. This category generally applies to trade receivables, security and other deposits receivable by the
Company.

(b) Financial assets classified as measured at FVOCI

Assets that are held for collection of contractual cash flows and for selling the financial assets, where the assets' cash
flows represent solely payments of principal and interest, are measured at FVOCI. Movements in the carrying amount
are taken through OCI, except for the recognition of impairment gains or losses, interest revenue and foreign exchange
gains and losses which are recognised in profit and loss. When the financial asset is derecognised, the cumulative
gain or loss previously recognised in OCI is reclassified from equity to retained earnings. Interest income from these
financial assets is included in other income using the effective interest rate method.

(c) Financial assets classified as measured at FVTPL

Assets that do not meet the criteria for amortised cost or FVOCI are measured at fair value through profit or loss. A
gain or loss on a debt investment that is subsequently measured at fair value through profit or loss and is not part of a
hedging relationship is recognised in profit or loss and presented net in the statement of profit and loss within other
gains/(losses) in the period in which it arises. Interest income from these financial assets is included in other income.

De-recognition of financial asset

The Company derecognises a financial asset when the contractual rights to the cash flows from the financial asset
expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all of the
risks and rewards of ownership of the financial asset are transferred or in which the Company neither transfers nor
retains substantially all of the risks and rewards of ownership and does not retain control of the financial asset.

If the Company enters into transactions whereby it transfers assets recognised on its balance sheet but retains either
all or substantially all of the risks and rewards of the transferred assets, the transferred assets are not derecognised.

Impairment of financial assets

In accordance with Ind AS 109, the Company applies expected credit loss (ECL) model for measurement and recognition
of impairment loss on the following financial assets and credit risk exposure:

- Financial assets that are debt instruments, and are measured at amortised cost e.g., loans, deposits and bank
balances.

- Trade receivables.

The Company follows 'simplified approach' for recognition of impairment loss allowance on Trade receivables.

The application of simplified approach does not require the Company to track changes in credit risk. Rather, it
recognises impairment loss allowance based on lifetime ECLs at each reporting date, right from its initial recognition.

For recognition of impairment loss on other financial assets and risk exposure, the Company determines that whether
there has been a significant increase in the credit risk since initial recognition. If credit risk has not increased significantly,
12-month ECL is used to provide for impairment loss.

1.20.2. Financial liabilities

Initial recognition and measurement

Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss, loans and
borrowings, payables, as appropriate. All financial liabilities are recognised initially at fair value and, in the case of loans
and borrowings and payables, net of directly attributable and incremental transaction cost.

Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are
an integral part of the EIR. The EIR amortisation is included as finance costs in the statement of profit and loss.

Financial liabilities at FVTPL

Financial liabilities at FVTPL include financial liabilities held for trading and financial liabilities designated as such upon
initial recognition. Financial liabilities are classified as held for trading if they are incurred for the purpose of repurchasing
in the near term. This category also includes derivative financial instruments entered into by the Company that are not
designated as hedging instruments in hedge relationships as defined by Ind AS 109.

Gains or losses on liabilities held for trading are recognised in the statement of profit and loss.

Financial liabilities designated as such upon initial recognition at the initial date of recognition if the criteria in Ind
AS 109 are satisfied. For liabilities designated as FVTPL, fair value gains/ losses attributable to changes in own credit
risks are recognised in OCI. These gains/ losses are not subsequently transferred to the statement of profit and loss.
However, the Company may transfer the cumulative gain or loss within equity. All other changes in fair value of such
liability are recognised in the statement of profit and loss.

(a) Financial liabilities at amortised cost

This is the most relevant category to the Company. The Company generally classifies interest bearing borrowings as
financial liabilities carried at amortised cost. After initial recognition, these instruments are subsequently measured at
amortised cost using the effective interest rate (EIR) method. Gains and losses are recognised in the statement of profit
and loss when the liabilities are derecognised as well as through the EIR amortisation process.

Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are
an integral part of the EIR. The EIR amortisation is included as finance costs in the statement of profit and loss.

De-recognition of financial liability

A financial liability (or a part of a financial liability) is derecognised from the balance sheet when, and only when, it is
extinguished i.e. when the obligation specified in the contract is discharged or cancelled or expired.

When an existing financial liability is replaced by another from the same lender on substantially different terms,
or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the
derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying
amounts is recognised in the statement of profit and loss.

Offsetting of financial instruments

Financial assets and financial liabilities are offset and the net amount is reported in the balance sheet if there is a
currently enforceable legal right to offset the recognised amounts and there is an intention to settle on a net basis, to
realise the assets and settle the liabilities simultaneously.

Derivative financial instruments

Derivatives are initially measured at fair value. Subsequent to initial recognition, derivatives are measured at fair value,
and changes therein are generally recognised in the statement of profit and loss.

1.21. Operating Segment

Identification of segments

The company's operating businesses are organized and managed separately according to the nature of products and
services provided, with each segment representing a strategic business unit that offers different products and serves
different markets. Operating segments are reported in a manner consistent with the reporting provided to the chief
operating decision maker.

Inter-segment transfers

The company generally accounts for intersegment sales and transfers at cost plus appropriate margins.

Allocation of common costs

Common allocable costs are allocated to each segment according to the relative contribution of each segment to the
total common costs.

Unallocated items

Unallocated items include general corporate income and expense items which are not allocated to any business
segment.

Segment accounting policies

The company prepares its segment information in conformity with the accounting policies adopted for preparing and
presenting the financial statements of the company as a whole.

Increase in Authorised Share Capital

As per the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench Order No. C.A.(CAA)/190/MB/2023 dated February
19, 2025, approved the Scheme of Merger by Absorption of Wonder Precision Private Limited ("Transferor Company”) with
Kranti Industries Limited ("Company''/"Transferee Company”) and their respective shareholders. As per the approved scheme
of merger the Authorised Share Capital of the Transferor Company was merged with that of the Transferee Company. As a
result, the Authorised Share Capital of the Company increased by Rs 100000 (Rupees One Lakhs only), divided into 10000
(Ten Thousand) equity shares of ' 10/- (Rupees Ten only) each. Appointed date of Merger is 01st April 2023 accordingly
increase in Authorised share Capital is w.e.f 01st April 2023.

Further During the period under review, pursuant to the approval of the Shareholders at the 29th Annual General Meeting of
the Company held on September 12, 2024, the Authorised Share Capital of the Company was increased from ' 15,00,00,000/-
(Rupees Fifteen Crore only) divided into 1,50,00,000 (One Crore Fifty Lakh) equity shares of ' 10/- (Rupees Ten only) each
to ' 25,00,00,000/- (Rupees Twenty-Five Crore only) divided into 2,50,00,000 (Two Crore Fifty Lakh) equity shares of ' 10/-
(Rupees Ten only) each.

Considering above changes, the Authorised Share Capital of the Company as at the March 31, 2025 is ' 25,01,00,000/-
(Rupees Twenty-Five Crore One Lakh only), divided into 2,50,10,000 (Two Crore Fifty Lakh Ten Thousand) equity shares of
' 10/- (Rupees Ten only) each. and as at 31st March 2024 is ' 15,01,00,000/- (Rupees Fifteen Crore One Lakh only), divided
into 1,50,10,000 (One Crore Fifty Lakh Ten Thousand) equity shares of ' 10/- (Rupees Ten only) each. Consequently, pursuant
to Clause V of the Memorandum of Association were amended to reflect the revised capital structure. The necessary filings in
this regard were made with the Registrar of Companies (ROC) in accordance with the provisions of the Companies Act, 2013.

39. Financial risk management

The Company's board of directors has overall responsibility for the establishment and oversight of the Company's risk
management framework. The board of directors is responsible for developing and monitoring the Company's risk
management policies. The board regularly meets to decide its risk management activities.

The Company's risk management policies are established to identify and analyse the risks faced by the Company, to set
appropriate risk limits and controls to monitor risks and adherence to limits. Risk management policies and systems are
reviewed regularly to reflect changes in market conditions and the Company's activities. The Company, through its training
and management standards and procedures, aims to maintain a disciplined and constructive control environment in which
all employees understand their roles and obligations.

The Company's management monitors compliance with the Company's risk management policies and procedures, and
reviews the adequacy of the risk management framework in relation to the risks faced by the Company. The Board is also

assisted by internal audit. Internal audit undertakes both regular and adhoc reviews of risk management controls and
procedures, the results of which are reported to the Board of directors.

The Company has exposure to the following risks arising from financial instruments:

- credit risk - see note (a) below

- liquidity risk - see note (b) below

- market risk - see note (c) below”

(a) Credit risk

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its
contractual obligations, and arises principally from the Company's receivables from customers.

The Company's exposure to credit risk is influenced mainly by the individual characteristics of each customer. However,
management also considers the factors that may influence the credit risk of its customer base, including the default risk
associated with the industry and country in which customers operate.

Credit risk is managed through credit approvals, establishing credit limits and continuously monitoring the creditworthiness
of customers to which the Company grants credit terms in the normal course of business. On account of adoption of Ind AS
109, the Company uses expected credit loss model to assess impairment loss or gain.

(b) Liquidity risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial
liabilities that are settled by delivering cash or another financial asset. The Company's approach to managing liquidity is
to ensure, that it will have sufficient liquidity to meet its liabilities when they are due, under both normal and stressed
conditions, without incurring unacceptable losses or risking damage to the Company's reputation.

The Company's treasury department is responsible for liquidity and funding. In addition policies and procedures relating to
such risks are overseen by the management.

The Company's principal sources of liquidity are cash and cash equivalents and the cash flow that is generated from
operations.

(c) Interest rate risk:

The company does not face any interest rate risk as all the borrowings of the company have a fixed interest rate.

(d) Market risk

Market risk is the risk that changes with market prices - such as foreign exchange rates and interest rates, will affect the
Company's income or the value of its holdings of financial instruments. The objective of market risk management is to
manage and control market risk exposures within acceptable parameters, while optimising the return. The company does
not have any outstanding foreign currency balances as on the reporting dates.

(e) Foreign Currency risk

Foreign Currency risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of
changes in foreign exchange rates. The Company is exposed to the effects of fluctuation in the prevailing foreign currency
exchange rates on its financial position and cash flows. Exposure arises primarily due to exchange rate fluctuations between
the functional currency and other currencies for the the unhedged exposures for foreign currency trade receivables, Trade
payables etc. would have increased / decreased the Company's profit / loss for the year as follows: Refer the details of
unhedged exposure outstanding as at March 31,2025 and March 31,2024.

(b) Fair value hierarchy:

As per Ind AS 107 "Financial Instrument: Disclosure'', fair value disclosures are not required when the carrying amounts
reasonably approximate the fair value. As illustrated above, all financial instruments of the company which are carried
at amortised cost approximates the fair value. Accordingly fair value disclosures have not been made for these financial
instruments. Investments in equity shares and mutual funds which are designated at FVTPL & investment in equity
shares which are classified as FVTOCI are at fair value.

(c) Investment in subsidiaries and associates is accounted at cost in accordance with Ind AS 27 - "Separate financial
statements” Accordingly such investments are not recorded at fair value.

42. Post-employment benefit plans

As per Indian Accounting Standard 19” Employee Benefits”, the disclosures as defined are given below-

B. Defined Benefit Plans
i. Gratuity

The Company has defined benefit gratuity plan. The gratuity plan is governed by the Payment of Gratuity Act, 1972. Under
the act, employee who has completed five years of service is entitled to specific benefit. The level of benefits provided
depends on the member's length of service and salary at retirement age. These benefits are funded with an insurance
company.

Liability Risks

1. Asset-Liability mismatch risk - Risk which arises if there is a mismatch in the duration of the assets relative to the
liabilities. By matching duration with the defined benefit liabilities, the company is successfully able to neutralize valuation
swings caused by interest rate movements. Hence companies are encouraged to adopt asset-liability management.

2. Discount rate risk - Variations in the discount rate used to compute the present value of the liabilities may seem small,
but in practise can have a significant impact on the defined benefit liabilities.

3. Future salary escalation and inflation risk - Since price inflation and salary growth are linked economically, they are
combined for disclosure purposes. Rising salaries will often result in higher future defined benefit payments resulting in
a higher present value of liabilities especially unexpected salary increases provided at management's discretion may
lead to uncertainties in estimating this increasing risk.

45. Leases

A. As a lessee

As a lessee, the Company previously classified leases as operating or finance leases based on its assessment of whether
the lease transferred significantly all of the risks and rewards incidental to ownership of the underlying asset to the
Company. Under Ind AS 116, the Company recognises right-of-use assets and lease liabilities for most leases - i.e. these
leases are on-balance sheet.

The Company decided to apply recognition exemptions to short-term leases . For leases of other assets, which were
classified as operating under AS 19, the Company recognised right-of-use assets and lease liabilities.

B. As a lessor

The Company is not required to make any adjustments on transition to Ind AS 116 for leases in which it acts as a lessor,
except for a sub-lease. The Company accounted for its leases in accordance with Ind AS 116 from the date of initial
application.

When measuring lease liabilities, the Company discounted lease payments using its incremental borrowing rate at 1st
April 2020. The weighted-average rate applied is 11.75%.

47. Additional Regulatory Information

Details of Benami Property held : The Company do not have any Benami property, where any proceeding has been
initiated or pending against the Company for holding any Benami property.

Details of Loans and advances : The company has not granted any loans and advances to promoters, directors, key
managerial personnel (KMPs) and the related parties which are repayable on demand or without specifying any terms or
period of repayment.

Wilful Defaulter : The company has not been declared as a wilful Defaulter by any Financial Institution or bank as at the
date of Balance Sheet.

Relationship with Struck off Companies : The Company do not have any transactions with companies struck off.

Registration of charges or satisfaction with Registrar of Companies (ROC) : The company has no pending charges or
satisfaction which are yet to be registered with the ROC beyond the Statutory period.

Compliance with number of layers of companies : The company has complied with the provision of the number of layers
prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017.

Compliance with approved Scheme(s) of Arrangements : There are no Schemes of Arrangements has been approved by
the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

Discrepancy in utilization of borrowings : The company has used the borrowings from banks and financial institutions for
the specific purpose for which it was taken at the balance sheet date. There are no discrepancy in utilisation of borrowings.

Utilisation of Borrowed funds and share premium:

(A) The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other
sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries).

(B) the company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party).

The company have 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 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;

The Company have 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 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.

48. Additional Information
Undisclosed income

The Company has no transaction that 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).

Details of Crypto Currency or Virtual Currency

The company has not traded or invested in Crypto currency or Virtual Currency.

49. Operating Segment

A. Description of segments and principal activities

The Company's is engaged in the field of engineering products and caters to the needs of the Automobile manufacturing
companies. This is considered as the single reportable segment.

B. Information about major customers

Revenues from two customers of the Company's automobile segments represented approximately Rs.4328.81 Lakhs (31
March 2024: Rs. 4811.35 lakhs) of the Company's total revenues.

50. Previous year's figures have been regrouped/reclassified wherever necessary to conform current year's presentation.

As per our report of even date attached

For M/s GMCS & Co. For and on behalf of the board of directors of

Chartered Accountants Kranti Industries Limited

Firm Registration No - 141236W

Amit Bansal Sachin Vora Sumit Vora

Partner Managing Director Director

Membership no - 424232 DIN-02002468 DIN-02002416

UDIN: 25424232BMIOEO5774

Sheela Dhawale Shraddha Phule

Chief Financial Officer Company Secretary

Place : Mumbai Place : Pune Place : Pune

Date: May 29, 2025 Date: May 29, 2025 Date: May 29, 2025