Long term Borrowing

1. Rupee Term loan of Rs. 1352.79 Lakhs (Sanction of Rs.1640.00 Lakhs from State Bank of India and Bank of Maharashtra - 412.50 Lakhs) is primarily secured by way of mortgaged of fixed assets of the Company

2. Unsecured loan of Rs. 1525.75 lakhs (previous year Rs. 1531.19 lakhs) has been procured from the promoter group as promoter fund infusion towards the State Bank of India sanction loan and are repayable after maturity of the loan.

Short Term Borrowing

1. Cash credit / working capital demand loan avail from State Bank of India are secured by way of hypothecation of stock and book debts and book debts and charge over the fixed assets of the Company.

2. Overdraft from bank is Nil ( previous year Rs. 14.00 lakhs ) was obtained from State Bank of India against the fixed deposit pledge with them.

Trade Payable

The Micro, Small and Medium Enterprises Development (MSMED) ACT

Based on the informtion available, there are cetain vendors who have confirmed that they are covered under the Micro, Small and Medium Enterprises Development Act, 2006, Disclosure as required by section 22 of the Micro, Small and Medium Enterprises Development Act, 2006, are given below;

No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other person(s) or entity(ies), including foreign entities (“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the Company (Ultimate Beneficiaries).

The Company has not received any fund from any party(s) (Funding Party) with the understanding that the Company shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Company (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

Note No. 39 : Relationship with Struck

off Companies: The Company did not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

Note No. 40 : No transactions to report

Against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:

a) Loans/ Advance granted to Directors/Promoters/ KMP/ Related parties

b) Crypto Currency or Virtual Currency

c) Title Deeds of Immovable property not held in the name of Company.

d) Revaluation of Property, Plant and Equipment’s

e) Intangible Assets under development

f) Benami Property held under Benami Transactions (Prohibition) Act, 1988 (45 of 1988)

g) Compliance with number of layers of companies

h) Compliance with approved Scheme(s) of Arrangements

i) Undisclosed Income under Income Tax Act, 1961

j) Charges to be filed and pending satisfaction

k) Relating to borrowed funds

i) Wilful defaulter

ii) Borrowings obtained on the basis of security of current assets

iii) Discrepancy in utilization of borrowings

iv) Current maturity of long term borrowings