The company has issued only one class of equity share haying a par value of Rs. 10 per share. Each holder of equity shares is entitled to vote per share, The company declares and pays dividend if any, in Indian Rupees. The dividend proposed by the Board of Directors is subject to approval of the shareholders in the ensuing Annual General Meeting.

In ihe event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all the preferential amount. The distribution will be in proportion to the number of equity shares held by the shareholder.

2. Terms and rights attached to preference shares

The company has issued non- cumulative, non- convertible preference share of Rs. 10 each at a premium of Rs. 90 each which are compulsorily redeemable after 20 years from the date of issue.

The preference shares are having put and call option which can be excercised by the investor or company respectively at any time before expiry of 20 years but not earlier than expiry of 3 years from the date of issue with a minimum notice period of 3 months.

3. Basis of preparation of Financial Statement

The Financial Statements of the company have been prepared in accordance with generally accepted accounting principles in India (Indian GAAP). The company has prepared these Financial Statements to comply in all material respect with the accounting standards notified under the Companies ( Accounting standards) Rule, 2006, (as amended) and the relevant provision of the companies Act, 2013. The Financial Statements have been prepared on the accrual basis and under the historical cost convention.

4. There is no Micro, Small and Medium Enterprises as defined under Micro, Small & Medium Enterprises Development Act, 2006 to which Company owes dues which are outstanding for a period more than 45 days as on Balance Sheet Date.

The above information regarding Micro, Small and Medium Enterprises has been determined on the basis of information availed with the Company and has been duly relied by the auditors of the Company.

5. Provisions of Accounting Standard (AS) - 17 on 'Segment Reporting' are not been applicable to the Company.

6. Deferred Tax Assets and Liabilities are recognized in respect of current year and prospective years. Deferred Tax Asset is recognized on the basis of reasonable / virtual certainty that sufficient future taxable income will be available against which the same can be realized.

7. In the opinion of the management, the current assets, loans and advances have a realizable value in the ordinary course of business is not less than the amount at which they are stated in the Balance Sheet.

8. The management has not charged depreciation on office premises considering the present scenario of the Company. Due to this reason, there is an overstatement of profit in the books to the extent of Rs.204,776/- (approx.)in the current financial year.

9. Related party disclosures/ transactions

There is no transaction entered with the related party covered by the Accounting Standard (AS) - 18 on 'Related Party Disclosure' during the period covered by these financial statements.

Related Parties covered:-

(i) Key Management Personnel

Mr. Vinod Kumar Bansal (Managing Director)

Ms. Seema Mangal (Director)

Ms. Renu Bansal (Director)

Ms. Radha Agarwal (Director)

Mr. Harshit Agarwal (Additional Director)

(ii) Relatives of Key Management Personnel

Nil

(iii) Enterprises owned or significantly influenced by the Key Management Personnel or their Relatives

Nil

10. Balance shown under head Sundry Debtors, Creditors and Advances are subject to confirmation.

11.  Particulars                                 Current      Previous
                                                  Period        Year
                                                   (Rs.)        (Rs.)

Contigent Liability not provided for                Nil         Nil

13. Figures have been rounded off to the nearest rupees.

14. Figures in brackets indicate negative (-) figures.