(iii) Claims against company not acknowledged as debts

10) Long-term investments are valued at cost. Where investment are reclassified from current to long term, transfers are made at the lower of cost and fair value at the date of transfer.

11) Inventories of raw materials, stock-in-progress, semi-finished products, stores, packing materials, spares and loose, finished products are valued at lower of cost or net realizable value. In determining the cost, first in first out method is used.

12) Prior year expenses/income, if any are adjusted in the respective head of expense/income. This has no effect on the working result of the Company.

13) Depreciation is charged at the written down value rates provided in schedule II to the Companies Act, 2013, whenever applicable.

14) The Government grants are recognized only on the assurance that the same will be received. The Government grants in respect of capital investment have been shown as capital reserve.

15) Taxes are accounted for in accordance with Indian Accounting Standard-12 on Accounting for Taxes on Income. Income Tax Comprise of both current and deferred Tax.

Current Tax is measured at the amount expected to be paid to/recovered from the revenue authorities, using applicable tax rates and laws.

The tax effect of the timing difference that results between taxable income and accounting income and are capable of reversal in one or more subsequent periods are recorded as Deferred Tax Asset or Deferred Tax Liability. Deferred Tax Assets and Liabilities are recognized for future tax consequences attributable to timing differences. They are measured using substantively enacted tax rates and tax regulations.

Note No. 2 Other Significant policies

(i) Foreign currency transactions denominated in foreign currencies are normally recorded at the exchange rate prevailing at the time of the transaction.

(ii) Borrowing costs are directly attributable to the acquisition, construction or production of qualifying assets is capitalized till the month in which the assets is ready to use as part of the cost of that asset. Other interest and borrowing costs are charged to revenue.

(iii) In case of the new industrial unit, all the operating expenditure (including borrowing costs) specifically for the project, incurred up to the date of installation, is capitalized and added pro-rata to the cost of fixed assets.

(iv) Revenue from sale of goods is recognized on transfer of significant risks and rewards of ownership to the buyer. Gross revenue from operations comprises of sale of products and others operating incomes. Excise duty in not applicable on the finished goods manufactured by the company.

Other Income

Other incomes are includes, dividend income, interest income, lease rent & other mics income.

(v) In the opinion of the company's Management, there is no impairment to the assets to which Indian Accounting Standard 36 "Impairment of Assets" applied requiring any revenue recognition.

(vi) Earnings per share

Basic Earnings per equity share is computed by dividing the net profit or loss attributable to equity shareholders of the Company by the weighted average number of equity shares outstanding during the financial year. Diluted earnings per equity share is computed by dividing the net profit or loss attributable to equity shareholders of the Company by the weighted average number of equity shares considered for deriving basic earnings per equity share and also the weighted average number of equity shares that could have been issued upon conversion of all dilutive potential equity shares.

(vii) Statement of Cash Flow

Cash flows are reported using the indirect method prescribed in IND AS 7 'Statement of Cash Flows', whereby profit for the year is adjusted for the effects of transactions of a non-cash nature, any deferrals or accruals of past or future operating cash receipts or payments and item of income or expenses associated with investing or financing cash flows from operating, investing and financing activities of the Company are segregated. The Company considers all highly liquid investments that are readily convertible to known amounts of cash.

(viii) Certain balances of debtors, creditor's, loans and advances are subject to confirmation from parties. Effect of the same will be adjusted at the time of confirmation.

(ix) Based on the information available with the management , there are no outstanding dues to Micro, Small and Medium Enterprises as per Micro, Small and Medium Enterprises Development Act, 2006 as at year end.

(x) As per information and explanation given to us there are no Benami Properties in the company.

(xi) As explained to us by the management, the company has not been declared a willful defaulter by any bank/financial institution.

(xii) As per the information & Explanation given to us, the Company has not traded or invested in crypto currency or virtual currency.

(xiii) The figures of previous year have been recast/re-grouped to conform to the classification required wherever necessary to make from comparable with the figure of the current year.

(xiv) In the opinion of Board, current assets loans and advances have a realizable value equivalent to the amount at which they are stated in the Balance Sheet and the provision for all known liabilities have been made except to the extent appearing in the annexure to accounting policies and general notes forming part of these financial statements.

(xv) Company has not disclosed or surrendered any income which were not disclosed in earlier year under the relevant provision of Income Tax Act, 1961.

(xvi) Company has not entered into any transaction with any struck off company.

(xvii) Related Party Disclosures Associates

Key Managerial Persons

Mr. Mehinder Sharma (MD), Mr. Umesh Kumar (CS) & Mr. Sudhir Kumar Jha, CFO Other Directors

Mr. Dhruv Sharma Director, Mr. Anubhav Gumber, independent Director, Ms. Shatakshi Vashistha, Woman Independent Director,

Relatives of Directors

Mrs. Santosh Sharma, Mrs. Poonam Sharma

Entities Owned/Significantly Influenced/Controlled by KMP's or Directors Relatives

AGILE DEVELOPERS PRIVATE LIMITED, OMKARESHWAR DEVELOPERS PRIVATE LIMITED, MOUNTAIN HOTEL AND RESORTS CHAIL PRIVATE LIMITED, MD RENTALS PRIVATE LIMITED, ANS AUTOZONE PRIVATE LIMITED, M-TECH TOWNSHIP AND PROJECTS PRIVATE LIMITED, CONNOISSEUR DEVELOPERS PRIVATE LIMITED, OM NAMAH SHIVAY ESTATES PRIVATE LIMITED, SHAMBUNATH PROPERTIES PRIVATE LIMITED, BANKE BIHARI PROPERTIES PRIVATE LIMITED, ANS INFRASTRUCTURE PRIVATE LIMITED, SHARMA FARMS PRIVATE LIMITED, ANS CONSTRUCTIONS PRIVATE LIMITED, AMRUTH BIOLOGICAL AND CLINICAL SERVICE PRIVATE LIMITED, LORDS ISHWAR HOTELS LIMITED,

(xviii) (a) The Company has used accounting softwares for maintaining its books of account for the financial year ended March 31, 2025 which has a feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the softwares. Further, during the course of audit there was no instance of the audit trail feature being tampered with. The audit trail has been preserved as per statutory requirements.

The company didn't have any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

X. Registration of charges or satisfaction with Registrar of Companies

Where any charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period, details and reasons thereof shall be disclosed.

The Company during the year didn't have any Charge or satisfaction of Charge which is to be registered with Registrar of Companies.

XI. Compliance with number of layers of companies

Where the company has not complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017, the name and CIN of the companies beyond the specified layers and the relationship/extent of holding of the company in such downstream companies shall be disclosed.

As informed by the company it has complied with.

XII. Compliance with approved Scheme(s) of Arrangements

Where any Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013, the Company shall disclose that the effect of such Scheme of Arrangements have been accounted for in the books of account of the Company ‘in accordance with the Scheme' and ‘in accordance with accounting standards' and deviation in this regard shall be explained.

During the year there is no Scheme of Arrangement.

XIII. Utilisation of Borrowed funds and share premium:

Not Applicable

XIV. Corporate Social Responsibility (CSR

Since compnay Is a loss making compnay-, provision of section 135 is not applicable