Note No. 33

The Previous year figure have been reworked, regrouped, rearranged, and reclassified wherever necessary. Accordingly, amounts and other disclosures for the preceding year are included as an integral part of the current year financial statements and are to be read in relation to the amounts and other disclosures relating to the current year.

Note No. 34

During the year, 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.

Note No. 35 Additional Regulatory Information

i. The company does not hold any immovable property where title deeds are not held in name of the Company.

ii. No investment property is held by the company as at Balance sheet date.

iii. No Property, Plant and Equipment is revalued by company during the year.

iv. No Intangible asset is revalued by company during the year.

v. No Loans or Advances are granted to promoters, directors, KMPs and the related parties during the year.

vi. The company does not hold any benami property at any point of time during the year & hence no proceedings have been initiated or pending in this respect against the company.

vii. Quarterly returns or statement of current assets filed by the company with Banks & Financial Institutions w.r.t borrowings taken are in agreement with the books of accounts. Further, there is no discrepancy during the year.

viii. The company is not a wilful defaulter declared by any bank or financial institution or any lender.

ix. The company has no transactions with any company whose name has been struck off under section 248 of Companies act,20l3 or Section 560 of Companies act,l956.

x. Filings w.r.t registration of charges and satisfaction of same have been filed within due statutory time limits. Also, no filings are yet to be filed with ROC beyond the statutory period.

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

xii. Section 2(87) of the Companies Act read with Companies (Restriction on number of Layers) Rules, 2017 is not applicable to company.

xiii. The company has not entered into any arrangements in terms of section 230 to 237 of Companies act ,2013.

xiv. The Company has not paid /received any fund from/to any other person or entity with the understanding that the Intermediary or 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 company/funding party (Ultimate Beneficiaries)

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

xv. The company have not any such transactions 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 I96l(such as, search or survey or any other relevant provisions of the Income Tax Act,1961).

xvi. Pursuant to RBI circular dated November 12, 2021, “Prudential norms on Income Recognition, Asset classification and provisioning pertaining to Advances -clarifications,” the company has taken necessary steps and complied with the provisions of the circular for regulatory reporting, as applicable. The financial Statements for they year ended March 31,2023, are prepared in accordance with the applicable IND-AS guidelines and the RBI Circular dated March 13,2020- “Implementation of Indian Accounting Standards”.