o. AS - 29 Provisions and Contingent Liabilities and Contingent Assets

A Provision should be recognised when an enterprise has a present obligation as a result of a past event or it is probable that an outflow of
resources embodying economic benefits will be required to settle the obligation; and a reliable estimate can be made of the amount of the
obligation.

b. The company has only one class of equity shares, par value being ' 10 per share. Each holder of equity shares is entitled to one vote per
share.

^c In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the company,
after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the
shareholders.

d. The company has no holding/ ultimate holding company .

e. The Company has not issued any number of shares for consideration other than cash and has not bought back any number of shares
during the period of five years immediately preceding the reporting date.

39 In the opinion of Board of Directors, provision for all known liabilities have been made in the accounts and there does not exist any other liabilities, contingent or
otherwise except whatever have been accounted for or stated in the Balance Sheet except for TDS Demand as per TRACES of Rs. 22,013.05/-.

40 The company has followed accounting as per division I of schedule III of Companies act 2013, but has only disclosed those areas that are applicable to the comapany.

41 The company has no Intangible asset under development for the period ended 31st March, 2025.

42 The company is not holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder. No proceedings
have been initiated or pending against the company under BT(P) Act, 1988 & Rules made thereunder.

43 The Company has borrowings from banks or financial institutions on the basis of security of current assets.

The quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts.

44 The company has not been declared as a wilful defaulter by any bank or financial Institution or other lender for the period ended 31st March,2025.

45 Previous GAAP figures have been reclassified/regrouped to confirm the presentation requirements and the requirements laid down in Division-I of the Schedule-III of
the Companies Act,2013.

46 As per the information available with the management, the company has not entered into any transactions during the year with the companies who are into liquidation
or struck off under section 248 of Companies Act, 2013 or section 560 of Companies Act, 1956 respectively except outstanding balance of Rs. 21,24,000/- payable by
Atharva Metals Private Limited which has been written off during the financial year 2024-25.

47 Registration of charges or satisfaction with Registrar of Companies

No charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

⁴⁸ Utilisation of Borrowed funds and share premium
a

The company has not advanced or loaned or invested any funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s)
or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) 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 person(s) or entity(ies), including foreign entities (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 whatsoever by or on
behalf of the Funding Party (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

53 The Company has neither Traded nor Invested in Crypto or Foreign Currency for the period ended 31st March 2025.

54 The company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers)
Rules, 2017

55 The Company is having single reporting segment hence disclosure as require by the Accounting Standard 17 is not applicable.

56 In the opinion of the Board of Directors, the value of realisation of current assets, advances and deposits in the ordinary course of Business would not be less than the
amount at which they are stated in the financial statement.

The accompaying notes are an integral part of the financial statements.

As per our Report of even date.

For and on behalf of Board of

For Jain Sonu & Associates Auro Impex & Chemicals Limited

(Chartered Accountants)

Firm Reg. No.: 324386E Sd/- Sd/-

Praveen Kumar Goenka Madhusudan Goenka

Whole Time Director Managing Director

DIN- 00156943 DIN- 00146365

Sd/- Sd/-

Rahul Choudhury Kalyan Kumar Das

CA. Sonu Jain Company Secretary Chief Financial Officer

Membership No. : 060015

Place. : Kolkata

Date: 23rd of May, 2025