Note No. 2.30 - Contingent Liabilities

Claims against the company not acknowledged as debts:

Current Year - Rs. 1000 Lakh in respect of Corporate Guarantee given to HSBC Bank for Subsidiary M/s Emmforce Mobility Solutions Pvt Ltd Previous Year - Nil

Note No. 2.31 Estimated amount of contracts remaining to be executed on capital account and not provided for:

Current Year - Nil Previous Year - Nil

Note No. 2.32 : In the opinion of the Board of Directors, the current assets, loans and advances have a value on realization in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet.

Note No. 2.33: Balances with Trade Receivables / Trade Payables and Loans & advances, Unsecured Loans have been taken at their book value subject to confirmation and reconciliation. Loans and Advances are considered good in respect of which company does not hold any security

Note No. 2.42 - The company is a Holding company of M/s Emmforce Mobility Solutions Pvt Ltd. The company was incorporated on 13.10.2023 on coversion of M/s Emmforce INC (Partnership Concern) to M/s Emmforce Autotech Ltd.

Note No. 2.43 - Additional Regulatory Disclosures

a) All the Title deeds of Immovable Property are in the name of the Company.

b) During the year company has not revalued its Property, Plant and Equipment

c) During the year, the company has not granted any loans or advances in the nature of loans to Promoters, Directors, KMPs and the related parties (as defined under companies act)

d) No transactions to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:

(a) Crypto Currency or Virtual Currency

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

(c) Registration of charges or satisfaction with Registrar of Companies

(d) Relating to borrowed funds:

i. Wilful defaulter

ii. Utilisation of borrowed funds & share premium

iii. Borrowings obtained on the basis of security of current assets

iv. Discrepancy in utilisation of borrowings

v. Current maturity of long term borrowings

e) 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 during the financial year.

f) The Company has complied with the requirements of the number of layers prescribed under clause (87) of section 2 of the Companies Act, 2013 read with Companies (Restriction on