1. The company do not anticipate any liability on account of counter guarantees given to bank for various loan facility availed by associated concerns.

2. The company does not anticipate any liability except above on account of pending income tax and sales tax assessments.

2.26 DISCLOSURES REQUIRED UNDER SECTION 22 OF THE MICRO, SMALL AND MEDIUM ENTERPRISES
DEVELOPMENT ACT, 2006:

The company is in the process of compiling information as to whether any of its suppliers constitute micro, small and medium enterprises as per Micro, Small & Medium
Enterprises Development Act, 2006 and therefore, the amount due to such suppliers has not been identified.

2.30 RELATED PARTY TRANSACTIONS

As per accounting standard (AS-18) on "Related Party Disclosure" details of transaction with related parties as defined therein are given. List of related parties with whom

transactions have taken place during the year and relationship

(A) Names of the related parties and description of related party relationship:

2.29 RECLASSIFICATION OF PROMOTERS OF THE COMPANY

It is informed and on the basis of documents produced, during previous year ended on March 31, 2023 the existing promoters have informed vide their letter to
reclassify them from promoter category to public category. The existing promoters have entered into share purchase agreement in respect of 39.24% of total equity
and voting share capital with the acquirer Mr. Pankaj Chandrakant Mishra and Mrs. Devyani Pankaj Mishra on 21.01.2022. Pursuant to the share purchase agreement,
an open offer as per regulation 3(1) and (4) of Securities and Exchange Board of India (Substantial Acquisition of shares and takeover) Regulation, 2011 and
subsequent amendment thereof is being made by the acquirer.

The above request for reclassification was approved by the Board of Directors in their meeting held on 27.08.2022. Mr. Pankaj Chandrakant Mishra and Mrs. Devyani
Pankaj Mishra are incoming promoters as per share purchase agreement.

NOTE 2.30 : CAPITAL MANAGEMENT

The Company's capital management is intended to create value for shareholders by facilitating the achievement of long-term and short-term goals of the Company.

The Company determines the amount of capital required on the basis of annual business plan coupled with long-term and short-term strategic investment and expansion
plans.

The Company manages its capital structure and makes adjustments to it in light of changes in economic conditions and the requirements of the financial covenants. The
Company monitors capital using a gearing ratio, which is net debt divided by total capital plus net debt. The Company includes, within net debt, interest bearing loans and
borrowings, trade and other payables, less cash and short-term deposits.

(b) Financial risk management

In the course of its business, the Company is exposed primarily to interest rates, equity prices, liquidity and credit risk, which may adversely impact the fair value of its
financial instruments.

The Board of Directors reviews and approves risk management framework and policies for managing these risks and monitors suitable mitigating actions taken by the
management to minimise potential adverse effects and achieve greater predictability to earnings. In line with the overall risk management framework and policies, the
management monitors and manages risk exposure through an analysis of degree and magnitude of risks.

Interestrate risk

Interest rate risk is measured by using the cash flow sensitivity for changes in variable interest rates. Any movement in the reference rates could have an impact on the
Company's cash flows as well as costs. The Company is subject to variable interest rates on some of its interest bearing liabilities. The Company's interest rate exposure is
mainly related to debt obligations.

Interest rate sensitivity

The following table demonstrates the sensitivity to a reasonably possible change in interest rates on loans and borrowings. With all other variables held constant, the
Company's profit before tax is affected through the impact on floating rate borrowings, as follows:

Trade receivables

Customer credit risk is managed by the Company's internal policies, procedures and control relating to customer credit risk management. Credit quality of a customer is
assessed based on market feedback and credit limits are defined in accordance with this assessment. Outstanding customer receivables are regularly monitored.

The Company evaluates the concentration of risk with respect to trade receivables as low, as its customers are located in several jurisdictions and operate in independent
markets.

Loans Granted

Lending credit risk is managed by the Company's internal policies, procedures and control relating to lending credit risk management. The Company evaluates the
concentration of risk with respect to loan granted as low because loan is granted for short term and regular monitoring of the same is done by the Management.

2.35 OTHER DISCLOSURES

(a) Balances grouped under Non Current Liabilities and Current Liabilities, Non Current Assets and Current Assets in certain cases are subject to confirmation and
reconciliation from respective parties. Impact of the same, if any, shall be accounted as and when determined.

(b) In the opinion of the Management Long Term Loans and Advances, Other Non Current Assets, Current Assets and Other Current Assets fetch approximately the value
as stated in the Financial Statement if realised in the ordinary course of business subject to balance confirmation. The provision for all known liabilities is adequate and is
not in excess of amounts considered reasonably necessary.

(c) Other information required under Part I & Part II of Schedule III to The Companies Act,2013 are either NIL or NOT APPLICABLE.

The accompanying notes are an integral part of the Standalone financial statements
As per our report of even date

For H L Saini & Co. For Pratik Panels Limited

Chartered Accountants

Firms Registration Number: 136961W

CA H L Saini Whole-Director & CFO Director

Partner Kiran Madhukar Devhare Tejas Prashant More

Membership Number: 128301

Place : Mumbai

Date: May 30, 2025 Company Secretary

Ajay Singh Solanki