1. As per the information available with the company, there is no small scale (SSI) undertakings to whom the company owes a sum which is outstanding for more than 30 days. The company has not received any information from the supplier regarding their status under the Micro Small & Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amount

unpaid as at the end together with interest paid/ payable as required under the said Act have not been given.

2. Disclosure as per Accounting Standard 15 (Revised)

Gratuity: There are no defined benefit plans for gratuity as there are no employees entitled to gratuity.

Leave Encashment: Provision for leave encashment has not been made in Accounts. As per the present service rules the leave is required to be enjoyed or utilized. Hence no leave entitlement is permissible.

3. Out of 5, 07,913 Equity shares of Atcom Technologies Ltd, 50,000 Equity shares held by the company are lying with the Income Tax authority in connection with a long pending income tax matter. This investment has been sold to the extent of 4, 57,913 shares (Balance will be transferred on recovery).

4. Contingent Liabilities:

Pursuant of the Accounting Standard (AS 29) - Provisions, Contingent Liabilities and Contingent Assets, the disclosure relating to provisions made in the accounts for the year ended 31st March 2023 is as shown in the independent auditor’s report.

5. There is no pending litigation.

6.. The Company has only one business segment as its primary segment and hence disclosure of segment-wise information is not required under Accounting Standard -17 ‘Segment information ‘notified pursuant to the companies (Accounting Standard) Rules, 2006 (as amended).

7. The balance of certain Creditors, other liabilities and loans and advances are subject to confirmation /reconciliation.

8. No Provision for diminution in the value of certain long term investments has been considered necessary, since in the opinion of the management, such diminution in their value is temporary in nature considering the nature of investments, inherent value, and investees’ assets and expected future cash flows from such investments.