Note 24 : Segment Information

Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the Company, in deciding how to allocate resources and assessing performance.

At present, the Company doesn't have any significant business activities. Hence, no separate disclosure has been made for segment reporting as per IND AS 108 "Operating Segments"

Note 27 : Deferred Tax

In the absence of virtual uncertainty of sufficient future taxable income, the Company has not recognized deferred tax asset on unabsorbed depreciation and carry forward losses under the Income Tax Laws.

Note 28 : Disclosure requirement under MSMED Act, 2006

As required to be disclosed under Micro, Small & Medium Enterprises Development Act, 2006 and to the extent such parties are identified on the basis of information available with the Company, there are no Micro enterprises or Small scale enterprises to whom the Company owes any due which are outstanding for more than 45 days as at 31st March 2025.

Note 30 : In earlier years, the Company had advanced Inter Corporate Deposits ('ICD') to Williamson Financial Services Limited ("the recipient Company"). Considering the financial position of the recipient Company, the management had decided not to recognise interest income on the same. In the previous financial year, without prejudice to any of the legal rights and remedies available to recover the outstanding amounts, the Management decided to recognise full provision against the outstanding amount. Accordingly, provision created in earlier years has been written back to this extent during the financial year 2023-24 and the effect of the same has been presented in "Other Income".

Note 31:The Company has filed appeals before the Hon'ble Bombay High Court against disallowance of set-off of brought forward business losses, unabsorbed depreciation and business expenditure for the Assessment Years 2007-08, 2009-10, 2010-11 and 2011-12. The outcomes of these appeals are still pending, however, the tax liability for these years have been fully paid.

Note: The Company does not have any Borrowings, Trade Receivables, Trade Payables and Earnings before interest and tax hence, Debt Equity Ratio, Debt Service Coverage Ratio, Trade Receivables Turnover Ratio, Net Profit Ratio, Trade Payables Turnover Ratio, Inventory Turnover Ratio and Net Capital Turnover Ratio have not been disclosed in the financials.

Note 33 : Other Disclosures

a) Trade Payables, Current Liabilities and Security Deposits are subject to confirmation and reconciliation from respective parties and consequential reconciliations and adjustments arising therefrom, if any. The management, however, does not expect any material deviation.

b) In the opinion of the Management, the value of realization of Current and Non-Current Assets in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet.

c) There are no significant subsequent events that would require adjustments or disclosures in the Financial Statements as on the date of approval of the Financial Statements.

d) Details of Benami Property held

No proceedings have been initiated or are pending against the Company as at 31st March, 2025 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 and rules made thereunder.

e) Disclosure in relation to undisclosed income

The Company does not have any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year ended 31st March, 2025 in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

f) Registration of Charges

The Company does not have any charges or satisfaction which is yet to be registered with the Registrar of Companies beyond the statutory period.

g) Corporate Social Responsibility

The provisions of Section 135 of the Companies Act, 2013 relating to Corporate Social Responsibility are not applicable to the Company.

h) Details of Crypto Currency or Virtual Currency

The Company has not traded or invested in Crypto currency or Virtual Currency during the year ended 31st March, 2025 and 31st March, 2024.

i) Relationship with Struck off Companies

During the year, the Company did not have any transactions with companies struck off u/s 248 of the Companies Act, 2013 or u/s 560 of the Companies Act, 1956.

j) Utilisation of Borrowed Funds and Share Premium

During the year ended 31st March 2025, the Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kinds of funds) to any other person (s) or entity(ies).

During the year ended 31st March, 2025, the Company has not received any fund from any person(s) or entity(ies), including foreign entities with the understanding (whether recorded in writing or otherwise) that the company shall directly or indirectly lend or invest or provide any guarantee or security.

k) Previous Year figures have been rearranged/ regrouped wherever necessary to correspond with the current year's classification/disclosures.