The figures of previous year have been regrouped/rearranged wherever necessary. Amounts and other disclosures for the previous year are included as an integral part of the current year's financial statements and are to be read in relation to the amounts and other disclosures relating

to current year.

3.2 The Company has only one class of issued, subscribed and paid-up equity shares having a par value of ?.10/- each. Each shareholder of equity shares is entitled to one vote per share. The dividend proposed by the Board of directors is subject to the approval of the shareholders in the ensuing annual general meeting, except in the case of interim dividend. In the even of liquidation of the Company, the shareholders of equity shares will be entitled to receive the remaining assets of the Company. The distribution will be in proportion to the number of equity shares held by the shareholders

Secured term loans from banks are secured against hypothecation of the Company's property, plant ana equipment ana vemuea. » _a    rate o, interest tortha,,o,n is 8% and the ,..n ,, approved

Ce»al S ^Ma^L Loan to, purchase of Kia Carnival Car is secured against Kia Carnival Ca, and rate of interest to, that loan is 8 4%

b and loan approved amount is 21.20 Lakhs.    .    _

Central Bank of India Loan for purchase of Tata Harrier Car is secured against Tata Harrier Car and rate of interest for that loan is 8 h ^c and loan approved amount is 11.40 Lakhs.

vi    Details of Benami Property held

No proceedings are initiated or pending against the Company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 and the rule made thereunder,

vii    Details of Borrowings from banks or financial institutions on the basis of Security of Current Assets

a Whether quarterly returns or statement of current assets filed by the company with banks or financial Yes institution are in agreement with the books of account.

b If not, summary of reconciliation and reason of material discrepancies, if any to be adequately disclosed.

viii    Willful Defaulter

The board of directors of the Company is of the opinion that the Company has, till the date of signing of this financial statement, not been declared as willful defaulter by its banks or financial institution

ix    Relationship with Struck off Companies

On the basis of confirmation with the parties, the board of directors of the Company is of the opinion that the Company did not have any transactions with companies struck off under section 248 of the Companies Act, 2013

x    Details of Registration of charges or satisfaction with Registrar of Companies yet to be registered

There are two vehicles purchased on laon for which charges thereof is to be registered with ROC.

The Company has not received any fund from any party(s) (“Funding Party/,es"), with the understanding whether recorded m wnt,ng c* otherwise that the Company shall, whether directly or indirectly lend or invest in other persons o entities identified by or on Benefit or provide any guarantee, security, or the like on behalf of the Ultimate Beneficiary.