q) Provisions, Contingent Liabilities and Contingent
Assets

Provisions are recognised when the Company has
a present obligation as a result of a past event; it is
probable that an outflow of resources embodying
economic benefits will be required to settle the
obligation and when a reliable estimate of the
amount of the obligation can be made. Provisions
are measured at the best estimate of the expenditure
required to settle the present obligation at the Balance
Sheet date. The expenses relating to a provision is
presented in the Statement of Profit and Loss net of
any reimbursement.

If the effect of the time value of money is material,
provisions are determined by discounting the
expected future cash flows specific to the liability.
The unwinding of the discount is recognised as
finance cost.

Contingent liabilities are disclosed when there is
a possible obligation arising from past events,
the existence of which will be confirmed only by
the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control
of the Company or a present obligation that arises
from past events where it is either not probable that
an outflow of resources will be required to settle the
obligation or a reliable estimate of the amount cannot
be made.

A contingent asset is not recognised but disclosed in
the financial statements where an inflow of economic
benefit is probable.

Provisions, contingent assets, contingent liabilities
and commitments are reviewed at each balance sheet
date.

r) Earnings Per Share (EPS)

Basic EPS is calculated by dividing the net profit or
loss for the period attributable to equity shareholders
by the weighted average number of equity shares
outstanding during the period.

Diluted EPS is computed by dividing the numerator
used for calculating basic EPS by the weighted
average number of equity shares outstanding during
the year as adjusted for the effects of all dilutive
potential equity shares, except where the results are
anti-dilutive.

s) Dividend

Dividends to holders of equity instruments declared
after the reporting period are not recognised as a
liability at the end of the reporting period as these are
non-adjusting events. Dividends are recognised as a
liability only when they are declared/appropriately
authorised and are no longer at the discretion of the
Company, such dividends are disclosed in the notes
when declared after the reporting period but before the
financial statements are approved for issue.

t) Segment Reporting

The Company is considered to be a single segment
company - engaged in the manufacture of rubber
chemicals. As per Ind AS-108 'Operating Segments',
if a financial report contains both the consolidated
financial statements of a parent that is within the
scope of Ind AS-108 as well as the parent's separate
financial statements, segment information is required
only in the consolidated financial statements.
Accordingly, information required to be presented
under Ind AS-108 Operating Segments has been given
in the consolidated financial statements.

Note:

a) Fair value disclosures

The fair value of the Company's investment properties as at March 31, 2026 and March 31, 2025 has been arrived at
on the basis of a valuation carried out on the respective dates by independent & government certified valuer not related
to the Company. The fair value was determined based on the comparable sale and market analysis approach based on
recent market prices without any significant adjustments being made to the market observable data. In estimating the
fair value of the properties, the highest and best use of the properties is their current use.

Details of the Company's investment properties and information about the fair value hierarchy as at March 31,2026 and
March 31, 2025 are as follows:

(v) Share options granted under Company's share option plan

Share options granted but not exercised under Company's share option plan carry no rights to dividend and no voting
rights. Further details of the employee share option plan are provided in Note 39.

As at March 31, 2026, 16,19,397 equity shares (as at March 31, 2025, 14,32,250 equity shares) of ' 10 each were
reserved for outstanding employee share option granted.

(vi) During the period of five years immediately preceeding the date as at which the Balance Sheet is prepared :

- No Class of Shares were allotted as fully paid up pursuant to contract without payment being received in cash.

- No Class of Shares were allotted as fully paid up by way of bonus shares for consideration other than cash.

- No Class of Shares were bought back by the Company.

(vii) There are no calls unpaid.

(viii) There are no forfeited shares.

Note: Refer Statement of Changes in Equity for movement in above elements of Other Equity
Nature and purpose of each reserve within Other equity
Securities premium account:

Where Company issued shares at a premium, a sum equal to the aggregate amount of the premium received on those
shares shall be transferred to a "securities premium" as per the provisions of applicable Companies Act. It can be utilised
in accordance with the provisions of the Act, to issue bonus shares, to provide for premium on redemption of shares or
debentures, write-off equity related expenses like underwriting costs, etc.

General reserve:

The general reserve comprises of transfer of profits from retained earnings for appropriation purposes. The reserve can be
distributed / utilised by the Company in accordance with the Companies Act, 2013.

Share option outstanding account:

This reserve relates to share options granted by the Company to its employees under its employee share option plan. Further
information about share based payments to employees is set out in Note 39.

Retained earnings:

Retained earnings represents the surplus / (deficit) of the statement of profit or loss. The amount that can be distributed by
the Company as dividends to its equity shareholders is determined based on the financial statements of the Company and
also considering the requirements of the Companies Act, 2013.

Details of dividends paid / proposed:

A dividend of ' 2/- per share has been paid on equity shares for year ended March 31, 2025, amounting to ' 33.40 Crores
during the current year.

A dividend of ' 1.50/- per share has been recommended on equity shares for year ended March 31,2026. This equity dividend
is subject to approval by shareholders at the Annual General Meeting and has not been included as a liability in these financial
statements. The proposed equity dividend is payable to all holders of fully paid equity shares on record date.

Equity instrument through other comprehensive income:

This reserve represents the cumulative gains and losses arising on the fair valuation of equity instruments measured at fair
value through other comprehensive income, net of amounts reclassified to retained earnings when those assets have been
disposed off.

INWldHJ other equity (Contd.)

items of Other Comprehensive Income - Remeasurements of Defined Benefit Obligation

Differences between the interest income on plan assets and the return actually achieved, and any changes in the liabilities
over the year due to changes in actuarial assumptions or experience adjustments within the plans, are recognised in other
comprehensive income and are adjusted to retained earnings.

Cash flow Hedging Reserve - Time Value

The cash flow hedging reserve represents the cumulative effective portion of gains or losses arising on changes in fair value
of designated portion of hedging instruments entered into for cash flow hedges. Such gains or losses will be reclassified to
statement of profit and loss in the period in which the underlying hedged transaction occurs.

lihHJcM a - exceptional ITEM

On November 21, 2025, the Government of India notified provisions of The Code on Wages, 2019, The Industrial Relations
Code, 2020, The Code on Social Security, 2020 and The Occupational Safety, Health and Working Conditions Code, 2020,
('Labour Codes') which consolidate twenty-nine existing labour laws into a unified framework governing employee benefits
during employment and post-employment.

The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact
due to changes in regulations. The Company has assessed and disclosed the incremental impact of these changes on
the basis of best information available, consistent with the guidance provided by the Institute of Chartered Accountants
of India. Considering the materiality and regulatory-driven, non-recurring nature of this impact, the Company has disclosed
such incremental impact as "Impact of Labour Codes" under "Exceptional item" in the Standalone Financial Statements for
year ended March 31, 2026. The incremental impact consisting of gratuity, leave encashment benefits and other long term
employee benefits aggregating to ' 4.92 Crores, primarily arises due to change in the definition of the term "wages".

The Company continues to monitor the finalisation of Central and State Rules and clarifications from the Government on
other aspects of the Labour Codes and would provide appropriate accounting effect on the basis of such developments, as
needed.

INWlJcjcl other expenses (Contd.)

Note (b)

Corporate Social Responsibility

The Company has spent ' 3.20 Crores during the financial year (Previous Year ' 4.02 Crores) towards various schemes of
Corporate Social Responsibility as per the provisions of Section 135 of The Companies Act, 2013. The details are:

(a) Gross amount required to be spent during the year ' 3.17 Crores (Previous Year ' 4.01 Crores)

(b) Shortfall as at March 31, 2026 - Nil

(c) Shortfall as at March 31, 2025 - Nil

(d) Amount spent during the year in cash :

# The tax rate used for the reconciliations above is the corporate tax rate plus surcharge (as applicable) on corporate
tax, education cess and secondary and higher education cess on corporate tax, payable by corporate entities in India on
taxable profits under Income Tax Act, 1961.

* Pursuant to the Finance Act, 2024, the applicable Long Term Capital Gains Tax on certain capital assets sold after July
23, 2024, has been amended to 14.30% from 23.296% / 11.65% (including applicable surcharge and cess).

Consequently, the Company has remeasured its relevant deferred tax liabilities, and the resulting credit of ' 14.89
Crores has been recognised under the head of Deferred Tax Expense in the Statement of Profit & Loss and the Other
Comprehensive Income as applicable, during the previous year.

39.1 Details of the employee share option plan of the Company

The Company has constituted an Employee Stock Option Plan 2007 (as amended from time to time), as approved by
shareholders at a previous annual general meeting. The scheme is applicable to all permanent and full-time employees,
excluding the employees who are the promoters of the Company. The Nomination and Remuneration Committee, at its
sole discretion, shall decide who among those employees shall receive Employee Stock Options in a particular grant.
Each employee share option converts into one equity share of the Company on exercise. No amounts are paid or payable
by the recipient on receipt of the option. The options carry neither rights to dividends nor voting rights. These option vest
25% every year ('graded vesting'). The options granted can be exercised at any time until completion of ten years from
the date of grant, subject to the vesting schedule. Any options remaining unexercised at the end of the exercise period
shall lapse.

The number of options granted is calculated in accordance with the performance-based formula approved by the
shareholders at a previous annual general meeting and is subject to approval by the nomination and remuneration
committee.

The share-based payments to employees being equity-settled are measured at the fair value of the equity instruments
at the grant date. The fair value determined at the grant date of the equity-settled share-based payments is expensed on
a straight-line basis over the vesting period, based on the Company's estimate of equity instruments that will eventually
vest, with a corresponding increase in equity.

During the current year and previous year, Performance Restricted Stock Units (PRSUs) deeply discounted options are
granted to designated employees, which gives such employee the right, but not an obligation, to purchase or subscribe
at a future date shares underlying such option at a pre-determined price and this may be subject to acheivement of
performance conditions and parameters as laid down by NRC from time to time. The same will be determined at the
conclusion of 3 year period beginning April 01, 2025 and April 01,2024 respectively.

Fair value of share options and PRSU granted in the year:

The weighted average fair value of the PRSU granted during the financial year are ' 134.60 (Previous year ' 268.36) .
PRSU were priced using a Black-Scholes option pricing model which takes into account the exercise price, expected
volatility, option's life, the share price at grant date, expected price volatility of the underlying share, the expected dividend
yield and the risk free interest rate for the term of the PRSU.

Basis of assumptions:

1. The risk free interest rates are determined based on the zero-coupon sovereign bond yields with maturity equal to
the expected term of the option.

2. The expected volatility was determined based on the volatility of the equity share for the period of one year prior
to issue of the option. Volatility calculation is based on historical stock prices using standard deviation of daily
change in stock price. The historical period is taken into account to match the expected life of the option.

3. Dividend yield has been calculated taking into account expected rate of dividend on equity share price as on grant
date.

INOHJM employee benefit plans

1) Defined contribution plans :

The Company participates in a number of defined contribution plans on behalf of relevant personnel. Any expense
recognised in relation to these schemes represents the value of contributions payable during the period by the Company
at rates specified by the rules of those plans. The only amounts included in the balance sheet are those relating to the
prior months contributions that were not due to be paid until after the end of the reporting period.

The major defined contribution plans operated by the Company are as below:

a) Provident fund and Pension

In accordance with the Employee's Provident Fund and Miscellaneous Provisions Act, 1952, eligible employees of
the Company are entitled to receive benefits in respect of provident fund, a defined contribution plan, in which both
employees and the Company make monthly contributions at a specified percentage of the covered employees'
salary. The contributions, as specified under the law, are made to the provident fund administered and managed
by Government of India. The Company has no further obligations under the fund managed by the Government of
India beyond its monthly contributions which are charged to the Statement of Profit and Loss in the period they are
incurred. The benefits are paid to employees on their retirement or resignation from the Company.

b) Superannuation fund

The Company holds two in-house superannuation funds which appropriates funds to Life Insurance Corporation
of India (the insurer) at the time of retirement/resignation of employee. The pension annuity is met by the Insurer
as required, taking into consideration the contributions made. The Company has no further obligations under the
scheme beyond its monthly contributions which are charged to the Statement of Profit and Loss in the period in
which they are incurred.

Contribution to Defined Contribution Plans, recognised in the Statement of Profit and Loss for the year under
employee benefits expense, are as under :

(2) Defined Benefit Plans:
a) Gratuity (Funded)

The Company has an obligation towards gratuity, a funded defined benefit retirement plan covering all employees.
The plan provides for lump sum payment to vested employees at retirement, death while in employment or on
termination of the employment of an amount equivalent to 15 days salary, as applicable, payable for each completed
year of service subject to payment ceiling of ' 0.20 Crores. Vesting occurs upon completion of five years of service.
The Company makes annual contributions to gratuity funds established by various in-house funds managed by
NOCIL Employees Trust Funds as disclosed in related party transaction (Refer Note 41). The Company accounts
for the liability for gratuity benefits payable in the future based on an actuarial valuation using Projected Unit Credit
method determined in accordance with the terms of The Payment of Gratuity Act, 1972.

INOHJM employee benefit plans (Contd.)

b) Gratuity (Unfunded)

The Company has an obligation towards gratuity, an unfunded defined benefit retirement plan covering eligible
employees. The plan provides for lump sum payment to vested employees at retirement, death while in employment
or on termination of the employment of an amount equivalent to 15 days salary, as applicable, payable for each
completed year of service, without any payment ceiling. Vesting occurs upon completion of five years of service.
The Company accounts for the liability for gratuity benefits payable in the future based on an actuarial valuation.

The most recent actuarial valuation of the present value of the defined benefit obligation was carried out at March
31, 2026 by an independent actuary. The present value of the defined benefit obligation, and the related current
service cost and past service cost were measured using the projected unit credit method.

H. Sensitivity Analysis

The Sensitivity Analysis below has been determined based on reasonably possible change of the respective
assumptions occurring at the end of the reporting period, while holding all other assumptions constant. These
sensitivities show the hypothetical impact of a change in each of the listed assumptions in isolation. While
each of these sensitivities holds all other assumptions constant, in practice such assumptions rarely change
in isolation and the asset value changes may offset the impact to some extent. For presenting the sensitivities,
the present value of the Defined Benefit Obligation has been calculated using the projected unit credit method
at the end of the reporting period, which is the same as that applied in calculating the Defined Benefit
Obligation presented above. There was no change in the methods and assumptions used in the preparation of
the Sensitivity Analysis from previous year.

* The transactions with related parties are made in the normal course of business and on terms equivalent to those
that prevail in arm's length transactions. All the Related Party Transactions are reviewed and approved by the Audit
Committee.

# Key Management Personnel is as per the definition of Companies Act and appropriate figures for previous year has
been incorporated.

^A Based on the recommendation of the Nomination, Remuneration and Compensation Committee, all decisions relating
to the remuneration of the key management personnel are taken by the Board of Directors of the Company, in accordance
with shareholders' approval, wherever necessary.

42.1 Capital management

The capital structure of the Company consists of net debt and total equity of the Company. The Company manages its
capital to ensure that the Company will be able to continue as going concern while maximising the return to stakeholders
through an optimum mix of debt and equity within the overall capital structure. The Company's risk management
committee reviews the capital structure of the Company considering the cost of capital and the risks associated with
each class of capital.

42.2 Categories of financial instruments

The following table provides categorisation of all financial instruments at carrying value.

The Company's Corporate T reasury function provides services to the business, co-ordinates access to domestic financial
markets, monitors and manages the financial risks relating to the operations of the Company through internal risk
assessment and analyses forex exposures by degree and magnitude of risks. These risks include market risk (including
currency risk, interest rate risk and other price risk), credit risk and liquidity risk.

The Company seeks to minimise the effects of these risks by using derivative financial instruments to hedge risk
exposures. The use of financial derivatives is governed by the Company's - Risk Management Policy approved by the
board of directors, which provide written principles on foreign exchange risk, interest rate risk, the use of financial
derivatives and non-derivative financial instruments. Compliance with policies and exposure limits is reviewed on a
continuous basis. The Company does not enter into or trade financial instruments, including derivative financial
instruments, for speculative purposes.

lihHdEU financial instruments and risk management (Contd.)

42.4 Market risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes
in market prices. Market risk comprises of Currency risk, Interest rate risk and other price risk. The Company enters into
a board approved list of derivative financial instruments to manage its exposure to foreign currency risk, including but
not limited to foreign currency forwards and currency options.

42.5 Foreign currency risk management

The Company undertakes transactions denominated in foreign currencies; consequently, exposures to exchange rate
fluctuations arises. Exchange rate exposures are managed within approved policy parameters utilising appropriate
derivative instruments.

The carrying amounts of the Company's foreign currency denominated financial assets and financial liabilities at the end
of the reporting period are as follows:

42.5.1 Foreign currency sensitivity analysis in relation to the net foreign exchange exposure as at the balance sheet date

The Company is mainly exposed to the foreign exchange fluctuation in USD.

The following table details the Company's sensitivity to a 5% increase and decrease in the Indian Rupee against US$ 5%
is the sensitivity rate used when reporting foreign currency risk internally to key management personnel and represents
management's assessment of the reasonably possible change in foreign exchange rates. This is mainly attributable to
the exposure outstanding on receivables and payables in the Company at the end of the reporting period. The sensitivity
analysis includes only outstanding foreign currency denominated monetary items and adjusts their translation at the
period end for a 5% change in foreign currency rates. A positive number below indicates an increase in the profit or equity
where the Indian Rupee weakens 5% against the relevant currency due to positive net Financial Assets at the end of the
current period . For a 5% strengthening of the Rupee against the relevant currency , there would be a comparable reverse
impact on the profit or equity.

42.5.2 Derivative Financial Instruments and hedging activity

The Company has entered into foreign currency options and forward contracts to manage its exposure to fluctuations in
foreign exchange rates on foreign currency receivables and payables. Fair value of derivative financial instruments are
determined using valuation techniques based on information derived from observable market data.

42.6 Interest rate risk management

The Company does not have interest rate risk exposure as there are no outstanding loans as at the year end.

42.7 Other price risks

The Company is exposed to price risks arising from mutual funds and equity investments other than investments in
subsidiary.

Equity price risk is related to change in market reference price of investments in equity securities held by the Company.
The fair value of quoted investments held by the Company exposes the Company to equity price risks. In general, these
investments are not held for trading purposes.

The Company manages the surplus funds majorly through combination of investments in debt based /arbitrage / equity
oriented mutual fund schemes, non convertible debentures and fixed deposits. The price of investment in these mutual
funds is the Net Asset Value (NAV) declared by the Asset Management Company on daily basis as reflected by the
movement in the NAV of invested schemes. The Company is exposed to price risk on such Investment schemes.

Mutual fund investments are susceptible to market price risk, mainly arising from changes in the interest rates or market
yields which may impact the return and value of such investments. However, due to the very short tenor of the underlying
portfolio in the liquid schemes, these do not hold any significant price risks.

42.7.1 Equity price sensitivity analysis

The sensitivity analysis below have been determined based on the exposure to equity price risks at the end of the
reporting period.

If investment in equity prices had been 5% higher / lower, the other comprehensive income for the year ended March 31,
2026 would increase/decrease by ' 7.61 Crores (Previous year: increase/decrease by ' 6.01 Crores) as a result of the
changes in fair value of equity investments measured at FVTOCI.

42.7.2 Mutual fund price sensitivity analysis

The sensitivity analysis below have been determined based on Mutual Fund Investment at the end of the reporting
period. If NAV has been 1% higher / lower, the profit for year ended March 31,2026 would increase / decrease by ' 0.47
Crores (Previous year: increase / decrease by ' 0.65 Crores) as a result of the changes in fair value of mutual funds.

42.8 Credit risk management

Credit risk arises from the possibility that the counter party may not be able to settle their obligations as agreed. To
manage this, the Company periodically assesses financial reliability of customers and other counter parties, taking into
account the financial condition, current economic trends, and analysis of historical bad debts and ageing of financial
assets. Individual risk limits are set and periodically reviewed on the basis of such information.

For trade and other receivables, credit evaluation is performed on the financial condition of accounts receivable using
independent ratings where available or by assessment of the customer's credit quality based on its financial position,
past experience and other factors. The maximum exposure to credit risk in respect of the above at the reporting date is
the carrying value of financial assets recorded in the financial statements, net of any allowance for losses. Based on the
historical data, loss on collection of receivable is not material, hence no additional provision considered.

Trade receivables consist of a large number of customers, spread across the country comprising primarily dealers and
manufacturers.

Trade receivables consist of a large number of customers, spread across the world comprising primarily manufacturers
and dealers. The average credit period on sales of goods is 60 days. The Company's trade and other receivables consists
of a large number of customers, hence the Company is not exposed to concentration risk.

Refer note 12 for ageing analysis of trade receivables.

42.9 Liquidity risk management

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The
objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as
and when required. The Treasury Risk Management Policy includes an appropriate liquidity risk management framework
for the management of the short-term, medium-term and long term funding and cash management requirements. The
Company manages the liquidity risk by maintaining adequate cash reserves, banking facilities and reserve borrowing
facilities, by continuously monitoring forecast and actual cash flows and by matching the maturity profiles of financial
assets and liabilities. The Company invests its surplus funds mainly in bank fixed deposits, non convertible funds and
mutual funds which carry no / negligible mark to market risks.

42.9.1 Liquidity risk table

The following table details the Company's remaining contractual maturity for its non-derivative financial liabilities with
agreed repayment periods. The tables have been drawn up based on the undiscounted cash flows of financial liabilities
based on the earliest date on which the Company can be required to pay. The tables include principal cash flows along
with interest. The contractual maturity is based on the earliest date on which the Company may be required to pay.

lihHdEU fair value measurements

This note provides information about how the Company determines fair values of various financial assets and financial
liabilities.

43.1 Fair value of the Company's financial assets and financial liabilities that are measured at fair value on a recurring basis

Some of the Company's financial assets and financial liabilities are measured at fair value at the end of each reporting
period. The following table gives information about how the fair values of these financial assets and financial liabilities
are determined (in particular, the valuation technique(s) and inputs used).

Note: These investments in equity instruments are not held for trading. Instead, they are held for medium or long-term
strategic purpose. Upon the application of Ind AS 109, the Company has chosen to designate these investments in equity
instruments as at FVTOCI as the Management believe that this provides a more meaningful presentation for medium or
long-term strategic investments, than reflecting changes in fair value immediately in the Statement of Profit and Loss.
There were no transfers between Level 1 and 2 in the period.

43.2 Fair value of financial assets and financial liabilities that are not measured at fair value (but fair value disclosures are
required)

Except as detailed in the following table, the Company considers that the carrying amounts of financial instruments
recognised in the financial statements approximate their fair values.

Note :

(a) Earnings available for debt service : Net Profit after Tax Depreciation Interest Cost Loss on Sale of Property, Plant
and Equipments

(b) Average Shareholders Equity : ( Opening Shareholders Equity Closing Shareholders Equity )/ 2

(c) Average Inventory : (Opening Inventory Closing Inventory )/ 2

(d) Average Trade Receivables : ( Opening Trade Receivables Closing Trade Receivables )/ 2

(e) Average Trade Payables : ( Opening Trade Payables Closing Trade Payables )/ 2

(f) Working Capital : Current Assets - Current Liabilities

(g) Average Capital Employed : {Opening (Networth Borrowings Deferred Tax Liabilities) Closing (Networth Borrowings
Deferred Tax Liabilities)}/2

(h) Gross Profit : Operating Revenue - COGS

INWTJ6 subsequent events

There are no significant subsequent events that would require adjustments or disclosures in the financial statement between
the Balance Sheet date and the date of signing of accounts.

The Company is primarily engaged in the business of manufacture of rubber chemicals which in the context of Indian
Accounting Standard (Ind AS) 108 on Operating Segments constitutes a single reportable segment. The relevant information
regarding secondary segment reporting (by geographical segment) is presented in the consolidated financial statements as
required as per Ind AS 108 "Operating Segments".

The Company has complied with number of layers prescribed under clause (87) of section 2 of the Act read with Companies
(Restriction on number of layers) Rules, 2017 as at March 31,2026.

The Company has not advanced any funds or loaned or invested by the Company to or in any other person(s) or entities,
including foreign entities ("Intermediaries"), with the understanding that the intermediary shall whether directly or indirectly
lend or invest in other persons or entities identified in any manner by or on behalf of the Company (Ultimate Beneficiaries) or
provide any guarantee, security or the like on behalf of ultimate beneficiaries.

The Company has not received any funds from any person(s) or entities including foreign entities ("Funding Parties") with the
understanding that such Company shall whether, 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 provide guarantee, security or the like
on behalf of the Ultimate beneficiaries.

The Company has not granted Loans or Advances in the nature of loans to promoters, directors, KMPs and the related parties
(as defined under Companies Act, 2013), either severally or jointly with any other person during the year.

The Company had borrowings from banks on the basis of security of current assets during the current year and previous
year to whom quarterly statements of current assets were filed by the Company, which are in agreement with the books of
accounts.

The Company had no borrowings from financial institutions during the current year and previous year.

The Company has earned profits in the current financial year, the current assets are more than the current liabilities and there
are accumulated profits as on the balance sheet date. Hence, the financial statements have been prepared on going concern
basis.

lihHJAl no transactions to report against the following disclosure requirements as notified by mca
pursuant to amended schedule iii

(a) As on March 31, 2026, the Company has not been declared wilful defaulter by any bank or financial institution or other
lender.

(b) The Company is not engaged in the business of trading or investing in crypto currency or virtual currency.

(c) The Company does not have any charges or satisfaction yet to be registered with the Registrar of Companies (ROC)
beyond the statutory period as at March 31, 2026.

(d) No proceedings have been initiated or are pending against the Company as on March 31, 2026 for holding any benami
property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder.

(e) The Company does not have any transaction with companies struck off under section 248 of Companies Act, 2013 or
section 560 of Companies Act, 1956.