Financial Risk Management Framework
Company's activities expose it to financial risks viz credit risk and liquidity risk.
Credit Risk
Based on the overall credit worthiness of Receivables, coupled with their past track record, Company expects No / Minimum risk with regards to its outstanding receivables. Also, there is a mechanism in place to periodically track the outstanding amount and assess the same with regards to its realisation. Company expects all the receivables to be realised in full, and accordingly, no provision has been made in the books of account for doubtful receivables.
Liquidity risk
(i) Liquidity Risk management
The Company manages liquidity risk by maintaining adequate reserves, banking facilities and by continuously monitoring and forecasting actual cash flow and by matching the maturity profiles of financial assets and liabilities.
(ii) Maturities of Financial Liabilities
The following tables contains details of the Company's remaining contractual maturities for its non-derivative financial liabilites with agreed repayment periods. The amount disclosed in the tables have been drawn up based on the earliest date on which the Company can be required to pay. Financial Liabilities include Trade Payables, Capital Purchases, Unpaid / Unclaimed Dividends etc., which are in the normal course of business having maturity plan of less than one year and non interest bearing.
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2.29 Contingent Liabilities and Commitments (To the extent not provided for)
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(Rupees in lakhs
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Particulars
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As At
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31st March 2026 |
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31st March 2025
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i) Contingent Liabilities
a) Claims against the company not ackowledged as debts :
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Service Tax matters in dispute
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4.28
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4.28
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Goods and Services Tax in dispute
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-
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3.89
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b) Outstanding Bank Guarantees
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-
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-
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ii) Commitments -
a) Estimated amount of contracts remaining to be executed on capital account and not provided for
2.30 While letters for confirmation of balance of Trade Payable and Trade Receivable have been sent, only few responded. Rest are subject to reconciliation.
Additional Regulatory Information
2.41 All the title deeds of the Immovable property are in the name of the Company.
2.42 The Company has not revalued any of the property plant and equipment.
2.43 The Company has not granted any Loans or advances in the nature of loans to promoters, Directors, KMPs and the related parties either severally or jointly with any other person that are repayable on demand or with out specifying any terms or period of repayment.
2.44 During the year or in earlier year the company has not undertaken any Capital works which are in progress. There are any Intangible assets which are under development.
2.47 The Company has not been declared as wilful defaulter by any bank or financial institution or other lender.
2.48 During the year the Company does not have any transactions with companies struck off under section 248 of Companies Act,2013 or section 560 of the Companies Act,1956.
2.49 There are no charges pending for registration with the Registrar of companies beyond the statutory period. In respect of satisfaction of charges there are a few charges pending for registrations beyond statutory period.
2.50 The Company has no subsidiaries, hence violation of provisions of clause (87) of Section 2 of the Act read with Companies (Restriction on number of layers) Rules,2017 does not arise.
2.51 The Company has not applied for any approved scheme or arrangements in terms of sections 230 to 237 of the Companies Act, 2013.
2.52
a) The company has neither advanced or loaned or invested funds (either borrowed funds or any other sources or kind of funds) to any other person(s), entities including foreign entities nor received any fund from any person including foreign entities with the understanding that the intermediary shall
(i) 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
(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
b) The company has not received any fund from any persons or entities including foreign entity (funding party) with the understanding (whether recorded in writing or otherwise) that the company shall
(i) directly or indirectly lend or invest in other persons or entities identified in any manner what so ever by or on behalf of the funding party (ultimate beneficiaries) or to provide any guarantee, security or the like on behalf of the ultimate beneficiaries.
2.53 The company has not traded or invested in crypto currency or virtual currency during the current year and previous year
2.54 The company does not have any income which is not recorded in the books of accounts that has been surrendered or disclosed as income in any of the tax assessments under the Income Tax Act,1961.
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