The company has used the borrowings from banks and financial institutions for the specific purpose for which it was taken at the balance sheet date.

36.00 Micro and Small Enterprises

As per the provisions of Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act), the Company is required to classify the amount outstanding to suppliers pertaining to Micro and Small Enterprises.

Steps have been taken to identify the suppliers who qualify under the definition of micro and small enterprises, as defined under the Micro, Small and Medium Enterprises Development Act 2006. Since no intimation has been received from the suppliers regarding their status under the said Act as at 31st March of the current year, disclosures relating to amounts unpaid as at the year end, if any, have not been furnished. In the opinion of the management, the impact of interest, if any, that may be payable in accordance with the provisions of the Act, Is not expected to be material

37.00 Disclosure as required under Regulation of SEBI LODR is not applicable to the company.

38.00 Derivative Transactions are not applicable to the company.

39.00 The Company has not traded or invested in Crypto Currency or Virtual Currency during the current or previous year.

40.00 The Company does not have any transactions during the period with the companies struck off under The Companies Act. 2013 and/or The Companies Act. 1956.

41.00 There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act. 1961, that has not been recorded in the books of account.

42.00 No proceedings have been initiated on or are pending against the Company for holding benami property under the Benami Transactions (Prohibition) Act. 1988 (45 of 1988) and Rules made thereunder.

43.00 Quarterly returns or statements of current assets ield by the company with the Banks and/or Financial Institutions are in agreement with the books of

44.00 The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

45.00 The Company has not advanced or loaned or invested funds to any other persons or entities, including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (Ultimate Beneficiaries) or

b) provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries.

46.00 The Company has not received any fund from any persons or entities, including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company

a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries), or

b) provide any guarantee, security or the like on behalf of the ultimate beneficiaries

47.00 Layer of Companies

The provisions of Companies (Restrictin on number of Layers) Rules. 2017 are applicabel to Holding Companies in terms of Rule 2 of the said Rules. Since the company is not a Holding or Subsidiay company, the provisions are not applicable

48.00 Valuation of property, plant and equipment and intangible asset

The Company has not revalued its property, plant and equipment (including right-of-use assets) or intangible assets or both during the current or

49.00 Compliance with approved schemes of arrangements

The Company has not entered into any scheme of arrangement which has an accounting impact on current or previous financial year.

50.00 Registration of charges or satisfaction with Registrar of Companies

There are no charges or satisfaction which are yet to be registered with the Registrar of Companies beyond the statutory period.

51.00 Corporate Social Responsibility

The provisions for Corporate Soial Responsibility have been mandated under section 135 of The Companies Act, 2013 and arc applicable to companies having net worth of Rs 500 Crorc or more or turnover of Rs 1000 crore of more or net profit of Rs 5 crore or more in the immediately preccedings financial year. Since the company does not fall in any of the enditions prescribed above, provisions of Corporate Social Responsibility are applicable to it.

51.00 Corporate Social Responsibility

The provisions for Corporate Soial Responsibility have been mandated under section 135 of The Companies Act, 2013 and are applicable to companies having net worth of Rs 500 Crore or more or turnover of Rs 1000 crore of more or net profit of Rs 5 crore or more in the immediately preceedings financial year. Since the company does not fall in any of the cnditions prescribed above, provisions of Corporate Social Responsibility are applicable to it.

52.00 Ratios

The same is enclosed as a separate Annexure to this Report.

53.00 These financial statements have been prepared to comply with the amendments effected in Division I of Schedule III to The Companies Act, 2013 issued vide notification dated March 24,2021 (the "Notification"). Certain category of assets and liabilities have been regroupcd/reclassified based on the requirements of the notification. Accordingly, previous year's figures have been regrouped /reclassified wherever required to make their classification comparable with that of the current year.