II. Defined benefit plans

Gratuity

The Company should provide for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/ termination is the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service, subject to a payment ceiling of INR 20,00,000/-.

Notes on ratio:

1. Debt Equity Ratio increased by 30.92% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in Debt for the F.Y. 2024-25.

2. Debt Service Coverage Ratio increased by 34.49% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in Earnings available for Equity Shareholders for the F.Y. 2024-25.

3. Return on Equity Ratio increased by 30.19% in F.Y. 2024-25 as compared to F.Y. 2024-25 due to increase in Net Profit for the F.Y. 2024-25.

4. Trade Receivables Turnover Ratio decreased by 37.79% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in Trade Receivables during the F.Y. 2024-25.

5. Trade Payables Turnover Ratio decreased by 29.31% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in Trade Payables during the F.Y. 2024-25.

6. Net Profit Ratio increased by 26.59% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in Net Profit during the F.Y. 2024-25.

7. Return on Capital Employed increased by 27.63% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in Earnings available for Equity Shareholders during the F.Y. 2024-25.

8. Return on Investment decreased by 80.58% in F.Y. 2024-25 as compared to F.Y. 2023-24 due to increase in Investment on the F.Y. 2024-25.

NOTE 28

No transactions to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:

a) Crypto Currency or Virtual Currency

b) Benami Property held under Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder

c) Registration of charges or satisfaction with Registrar of Companies

d) Relating to borrowed funds

i) Wilful defaulter

ii) Utilisation of borrowed funds & share premium

iii) Borrowings obtained on the basis of security of current assets

iv) Discrepancy in utilisation of borrowings

v) Current maturity of long term borrowings

e) There are no layer of companies, hence no disclosures are required

f) There is no scheme of arrangement approved in terms of section 230 to 237 of Companies Act, 2013

g) The company has neither advanced or loaned or invested funds nor received any advances (either borrowed funds or share premium or any other sources or kind of funds) from 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)

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

h) The title deeds of all the immovable properties disclosed in the financial statements are held in the name of the Company.

i) The Company has 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.

j) No instance of any transactions not being recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 have been found. The Company does not have any previously unrecorded income and related assets which have not been properly recorded in the books of accounts.

NOTE 29 DISCLOSURE OF TRANSACTIONS WITH STRUCK OFF COMPANIES

The Company did not have any material transactions with companies struck off under Section 248 of the Companies Act, 2013 or Section 560 of Companies Act, 1956 during the financial year.