j) Contingent Liabilities

A contingent liability is a possible obligation that arises from past events whose existence will be
confirmed by the occurrence or non-occurrence of one or more uncertain future events beyond the
control of the company or a present obligation that is not recognized because it is not probable that
an outflow of resources will be required to settle the obligation. A contingent liability also arises in
extremely rare cases where there is a liability that cannot be recognized because it cannot be
measured reliably. The company does not recognize a contingent liability but discloses its existence
in the financial statements.

k) Gratuity and other Benefits to Employees

The contribution to provident fund are being made monthly and are accounted for on accrual basis.
Provision of Gratuity has however not been made.

l) Prior period and Extra ordinary Items

Material events accruing after the Balance Sheet date are taken into cognizance. These items and
changes in accounting policies, if material, are separately disclosed wherever required. The changes
in accounting policies are generally made only where so required by statutes or standards or by
comoulsions of convenience.

31 The Balances of Sundry Debtors, Sundry Creditors and Loans and Advances are stated at book value subject to confirmation from
respective parties.

32.The Previous year figures have been recomputed, reclassified, regrouped & rearranged wherever considered necessary to make
them comparable with current year figures

FOR MAHESHWARI For and on behalf of the board

AND JAIN

Chartered Accountants
ICAIFRN 011496C

NORAT MAL

KAWAR ANIL KAWAR

MANAGING

DIRECTOR DIRECTOR

(RAJENDRA JAIN) DIN

00464435 DIN 00464523

PARTNER
MEM NO. 070918
PLACE:JODHPUR

DATED: 30th May 2024 RAMESHWA

R JANGID SOURABH ARORA

CFO COMPANY SECRETARY