Provisions / Contingencies

(a) Provision involving substantial degree of estimation in measurements is recognized when there is a present
obligation as a result of past events and it is probable that there will be an outflow of resources.

(b) Contingent Liabilities are shown by way of notes to the Accounts in respect of obligations where, based on
the evidence available, their existence at the Balance Sheet date is considered not probable.

(c) A Contingent Asset is not recognized in the Accounts.

1.13 Segment Reporting

A. Business Segments:

Based on the guiding principles given in Accounting Standard 17 (AS - 17) on Segment Reporting issued by
ICAI, the Company has only one reportable Business Segment, which is Construction contract and Works
contract. Accordingly, the figures appearing in these financial statements relate to the Company's single
Business Segment.

B. Geographical Segments:

The Company activities / operations are confined to India and as such there is only one geographical segment.
Accordingly, the figures appearing in these financial statements relate to the Company's single geographical
segment.

The company has sub divided its equity shares from face value of Rs. 100/- each to face value of Rs 10/- each vide resolution passed in
inembers meeting dated 23rd March, 2022, approved by MCA as on 04th May, 2022.

The company has issued 1500000 bonus equity shares in the proportion of 30:1 (30 (Thirty) fully paid bonus equity shares of Rs. 10/- each
alloted against 1 (One) equity share of Rs. 10/- each) vide resolution passed in members meeting dated 12th July, 2022 and alloted on 12th
July, 2022, effect of this bonus issue has been considered to calculate EPS.

The company has issued 248000 fully paid equity shares of Rs. 10/- each at a premium of Rs. 71 /- each through IPO on 14th September, 2022.
NOTE 2B: Term/rights attached to equity shares:

The Company has only one class of equity shares having a par value of RslO per share. The company has sub divided its equity shares from
face value of Rs. 100/- each to face value of Rs 10/- each vide resolution passed in members meeting dated 23rd March, 2022 which has been
approved by MCA on 04th May, 2022. Holder of each equity share is entitled to one vote.

In the 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 preferential amounts. The distribution to equity shareholders will be in proportion to the number of equity shares held by
the shareholders.