h Provisions, Contingent liabilities and Contingent assets

A provision is recognised when the Company has a present obligation as a result of past event and
it is probable that an outflow of resources will be required to settle the obligation, in respect of
which reliable estimate can be made. Provisions (excluding retirement benefits and compensated
absences) are not discounted to its present value and are determined based on best estimate
required to settle the obligation at the balance sheet date. These are reviewed at each balance
sheet date and adjusted to reflect the current best estimates. Contingent liabilities are not
recognised in the financial statements. A contingent asset is neither recognised nor disclosed in the

i Cash and cash equivalents

The Company considers all highly liquid financial instruments, which are readily convertible into
known amount of cash that are subject to an insignificant risk of change in value and having
original maturities of three months or less from the date of purchase, to be cash equivalents.

For Add Shop E-Retail Limited For K M Chauhan & Associates

Chartered Accountants
FRN -125924W

DINESHBHAI BHANUSHANKAR PANDYA
Managing Director , DIN - 06647303

CA Kishorsinh M Chauhan
Partner
M. No-118326

JAYSHREE DINESHBHAI PANDYA UDIN - 25118326BMITTM7072

Director , DIN - 06647308 Place: Rajkot

Date : 27/05/2025

RAJEN PRATAPBHAI VYAS VINITA SUNIL KUMAR THADANI

CFO Company Secretary