3.16 Provisions

Provision is defined as per Ind AS 37. Provisions are measured at the best estimate of the expenditure required to settle
the present obligation at the Balance Sheet date. If the effect of the time value of money is material, provisions are
discounted to reflect its present value using a current pre-tax rate that reflects the current market assessment of the
time value of money and the risks specific to the obligation. When discounting is used, the increase in the provision
due to the passage of time is recognised as a finance cost.

3.17 Contingent liabilities and contingent assets (Refer Note 32)

A present obligation that arises from past events, where it is either not probable that an outflow of resources will be
required to settle or a reliable estimate of the amount cannot be made, is disclosed as a contingent liability. Contingent
liabilities are also 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. Claims against the Company, where the possibility of any outflow of resources in settlement
is remote, are not disclosed as contingent liabilities. Contingent assets are not recognised or disclosed in the financial
statements.

3.18 Leases

Effective April 01,2019, the Company had adopted Ind AS 116 "Leases" by applying the modified retrospective approach.
The Company, at the inception of a contract, assesses whether the contract is a lease or not lease.

Company as a lessee

The Company recognises a right-of-use asset and a lease liability at the lease commencement date. The right-of-use
asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease
payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs
to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less
any lease incentives received. The right-of-use assets is subsequently measured at cost less any accumulated
depreciation, accumulated impairment losses, if any and adjusted for any remeasurement of the lease liability. The
right-of-use assets is depreciated using the straight-line method from the commencement date over the shorter of
lease term or useful life of right-of-use asset. The estimated useful lives of right-of-use assets are determined on the
same basis as those of property, plant and equipment. Right-of-use assets are tested for impairment whenever there
is any indication that their carrying amounts may not be recoverable. Impairment loss, if any, is recognised in the
statement of profit and loss.

The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement
date. The lease payments are discounted using the Company's incremental borrowing rate. The lease liability is
subsequently remeasured by increasing the carrying amount to reflect interest on the lease liability, reducing the
carrying amount to reflect the lease payments made and remeasuring the carrying amount to reflect any reassessment
or lease modifications or to reflect revised in-substance fixed lease payments. When the lease liability is remeasured
in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset.

The Company accounts for each lease component within the contract as a lease separately from non-lease components
of the contract.

The Company has elected not to apply the requirements of Ind AS 116 to short-term leases of all assets that have a
lease term of 12 months or less and leases for which the underlying asset is of low value and are recognized as an
expense on a straight-line basis over the lease term.

Company as a lessor

At the inception of the lease the Company classifies each of its leases as either an operating lease or a finance lease.
The Company recognises lease payments received under operating leases as income on a straight-line basis over the
lease term. In case of a finance lease, finance income is recognised over the lease term based on a pattern reflecting
a constant periodic rate of return on the lessor's net investment in the lease. When the Company is an intermediate
lessor it accounts for its interests in the head lease and the sub-lease separately. It assesses the lease classification of
a sub-lease with reference to the right-of-use asset arising from the head lease, not with reference to the underlying
asset. If a head lease is a short term lease to which the Company applies the exemption described above, then it
classifies the sub-lease as an operating lease.

3.19 Discontinued operations and assets classified as held for sale

A discontinued operation is a component of the entity that has been disposed off or is classifed as held for sale and
represents a separate major line of business or geographical area of operations; and is part of a single co-ordinated
plan to dispose of such a line of business or area of operations. The results of discontinued operations are presented
separately as a single amount as standalone statement of profit and loss after tax from discontinued operations in the
Standalone Statement of Profit and Loss.

Assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction
rather than through continuing use and a sale is considered highly probable. They are measured at the lower of their
carrying amount and fair value less costs to sell. An impairment loss is recognized for any initial or subsequent write¬
down of the asset to fair less costs to sell a gain is recognised for subsequent increase in value less costs to sale of an
asset, but not in excess of any cumulative impairment loss previously recognized. Interest and other expenses
attributable to the liabilities of a disposal Company classified as held for sale continue to be recognized. Assets classified
as held for sale are presented separately from the other assets in the Balance Sheet The liabilities of a disposal group
classified as held for sale are presented separately from other liabilities in the Balance Sheet.

3.20. Earnings Per Share

Calculation/Formula of Basic & Diluted Earnings Per Share is carried out in line with the principles & practices mentioned
in the Ind AS 33. Basic earnings per share is computed by dividing the profit / (loss) after tax attributable to equity
shareholder of the company by the weighted average number of equity shares outstanding during the year.

4. RECENT INDIAN ACCOUNTING STANDARDS (IND AS)

Ministry of Corporate Affairs (MCA) has not notified any amendments to Ind AS which are effective 1st April, 2026.

Notes:

A The Company as a Lessee:

The Company incurred ? 10.15 lakhs (Previous Year ? 159.37 lakhs) for the year ended 31st March, 2026 towards expenses
relating to short-term leases and leases of low-value assets.The total cash outflow for leases is ? 90.77 lakhs (Previous
Year ? 324.33 lakhs) for the year ended 31st March, 2026, including cash outflow of short-term leases and leases of low-
value assets. Interest on lease liabilities is ? 21.34 lakhs (Previous Year ? 53.74 lakhs) for the year.

B The Company as a Lessor:

The Company has entered into various cancellable and non-cancellable operating lease agreements as a lessor for various
premises ranging from 2 months to 60 months and may be renewed for further period based on mutual agreement of
the parties. The lease rentals recognised as income in the statement of profit and loss during the year are included in
Note 23 under the head Rental income from properties sublease'.

Disclosures required under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006:

(a) An amount of ? 112.86 lakhs (Previous Year ? 45.22 lakhs) and ? Nil (Previous Year ? Nil) was due and outstanding to
suppliers as at the end of the accounting year on account of Principal and Interest respectively.

(b) No interest paid during the year.

(c) No interest is due and payable at the end of the year.

(d) No amount of interest accrued and unpaid at the end of the accounting year.

(e) No amount of further interest remaining due and payable even in the succeeding years.

The above information regarding Micro and Small Enterprises has been determined to the extent replies to the Company's
communication have been received from vendors/suppliers regarding their status under the Micro, Small and Medium
Enterprises Development Act, 2006. This has been relied upon by the auditors.

All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the
fair value hierarchy based on the lowest level input that is significant to the fair value measurement as a whole. The fair
value hierarchy is described as under:

• Level 1 hierarchy includes methods and input that use active quoted prices depending upon type of instrument.
Management has used closing prices and values of closing NAV's as applicable in case of financial instruments covered
under this level.

• Under level 2 the fair value of the financial instruments that are not traded in any active market are determined using
appropriate valuation techniques with the use of observable market data without relying much on the estimates that
are entity specific. The inputs under this level are always observable.

• In case of level 3 if one or more of the significant inputs are not derived on the basis of observable market data then
fair value estimations derived with such inputs are included in level 3.

• The Company follows a policy to recognize transfers between the levels only at the end of reporting period and accordingly
there are no transfers between levels during the year.

30 RISK MANAGEMENT
Credit Risk Management

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet
its contractual obligations and arises principally from the Company's receivables from customers and investment securities.
Trade Receivables

The Company's exposure to credit risk is influenced mainly by the individual characteristics of each customer. Credit risk is
managed through credit approvals of customers to which the Company grants credit terms in the normal course of business
and their past transactions. Impairment losses in respect of trade receivables is assessed at party level on each reporting
date. The Company establishes an expected credit loss allowance for trade receivables based on historical trends. The ageing
analysis of trade receivable (gross of provision) has been considered from the date invoice falls due. Following table depicts
expected credit loss on age wise trade receivables.

Financial instruments & bank balances:

The Company limits its exposure to credit risk by generally investing in securities with a good credit rating. The credit rating
is being reviewed by the Company periodically. Please refer to Note 42 and Note 43 regarding the Company's investment
in (a) Non-Convertible Debentures of IL&FS Transport Networks Ltd and (b) Perpetual Bonds of Yes Bank Limited. Balances
with banks are subject to low credit risks due to good credit ratings assigned to these banks.

Liquidity risk

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The Company's
approach to managing liquidity is to ensure, as far as possible, that it will always have sufficient liquidity to meet its liabilities
when due, under normal and stressed conditions, without incurring unacceptable losses or risking damage to the Company's
reputation. Typically, the Company ensures that it has sufficient cash on demand to meet expected operational expenses,
servicing of financial obligations. Certain liquid assets are attached under MPID Act & PMLA Act resulting in some constraint
on liquidity.

Foreign Currency risk

The Company's exchange risk arises primarily from its trade receivable. The advance in foreign currency are provided for.
The exchange rate between the Indian rupee , US dollars and Bahrain Dinar has changed substantially in recent periods and
may continue to fluctuate in the future. However since, outstanding amount is not material, foreign currency exposures have
not been hedged by a derivative instrument or otherwise. The Company's foreign currency exposures as on year end are as
under:

For the year ended March 31, 2026 every 1% increase/decrease of the respective foreign currencies compared to functional
currency of the Company would result in loss / gain of ? 0.86 lakhs (net of tax).

For the year ended March 31, 2025 every 1% increase/decrease of the respective foreign currencies compared to functional
currency of the Company would result in loss / gain of ? 0.08 lakhs (net of tax).

Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes
in market interest rates. The Company's investments are primarily in fixed rate interest bearing securities and hence do not
carry substantial interest rate risk during tenure of instruments. Company investments in bank deposits are normally for
one-year fixed rate interest and hence subject to repricing risk on maturity. See Note 49 (d) for attachment of investments.
Capital Management

The primary objective of Company's capital management is to maximize shareholders value and safeguard its ability to
continue as a going concern. The Company is predominantly equity financed and has no borrowings.

Price Risk

The Company is mainly exposed to the price risk due to its investment in debt mutual funds. The price risk arises due to
uncertainties about the future market values of these investments. The Company has laid policies and guidelines which it
adheres to in order to minimise price risk arising from investments in debt mutual funds.

Post employment defined benefit plans:

Gratuity Plan : The Company makes annual contributions to the Employee's Group Gratuity Assurance Scheme administered
by the Life Insurance Corporation of India ('LIC'), a funded defined benefit plan for qualifying employees. The scheme provides
for lump sum payment to vested employees at retirement, death while in employment or on termination of employment
of an amount equivalent to fifteen days salary payable for each completed year of service or part thereof in excess of six
months. Vesting occurs on completion of five years of service.

1 There are no loans or advances in the nature of loans are granted to promoters, Directors, KMPs and their related parties
(as defined under Companies Act, 2013), either severally or jointly with any other person, that are:

(a) repayable on demand; or

(b) without specifying any terms or period of repayment

2 No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources
or kind of funds) by the Company to or in any other person(s) or entity(ies), including foreign entities ('Intermediaries')
with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party
identified by or on behalf of the Company (Ultimate Beneficiaries) or provide any guarantee, security or the like to or
on behalf of the Ultimate Beneficiaries.

The Company has not received any fund from any party(s) (Funding Party) with the understanding that the Company
shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Funding
party ('Ultimate Beneficiaries') or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

40 During the year, in order to meet the working capital requirements of NSEL, the Company has subscribed to the right issues
made by NSEL to the extent of ? 3,000 lakhs (Previous Year ? 4,500 lakhs). The investments were made by the Company
into NSEL out of commercial expediency for the purpose of preserving various assets of the Company. Post payment default
in July 2013, NSEL does not have business of its own and in the near future there does not seem to be any possibility of
NSEL generating any funds for its own functioning. NSEL has no revenue and has accumulated losses of ? 42,884.75 lakhs
and most of its assets are frozen by various regulatory authorities. Considering the remote possibility of recovery of its
investments, during the year Company has written off its investment in NSEL of ? 3,000.00 lakhs (Previous Year ? 4,500 lakhs).
FT Group Investments Pvt Ltd, Mauritius (FTGIPL) was established as a Special Purpose Vehicle (SPV) for investments in global
business of Information Technologies and Exchange related activities having synergies with the Company and had invested
in various stepdown subsidiary companies which were set up for exchanges business at overseas. In the aftermath of event
of the counter party payment default in July 2013 on the exchange platform of National Spot Exchange Limited (NSEL), one
of the subsidiaries of 63moons, there had been regulatory issues and 63moons was asked to exit from the exchange
ownership. However, there were no buyers who can carry the Exchange business and all subsidiaries of FTGIPL had to be
wound-up, incurring heavy losses. As a result, FTGIPL impaired its investments in books of Accounts and in turn Company
has also made the provision for diminution in value of investments in books of Accounts for its investments in FTGIPL over
a period in earlier years. Currently, FTGIPL does not have any Investments/ Assets as all its investments has been impaired.
Currently there are no business activities in FTGIPL and there is no future business plan. The Company has completed the
exit of all regulatory business only this year. In view of the same and considering the investment has become permanently
impaired, the Company has written off the investments in FTGIPL of ? 72,337.63 Lakhs and written back the provision made
in earlier years of ? 72,337.63 lakhs. There is no restructuring of the balance sheet by foreign entity viz FTGIPL.

42 The Company had invested ? 20,000 Lakhs (face value) in Secured Non-Convertible Debentures issued by IL&FS Transportation
Networks Ltd (ITNL), a subsidiary of Infrastructure Leasing & Finance Ltd (IL&FS). A Resolution process was initiated under
Sections 241 and 242 of the Companies Act, 2013 under the supervision of National Company Law Appellate Tribunal (NCLAT).
The Ld NCLAT directed ITNL to make an interim distribution to the creditors, pursuant to which ITNL made partial interim
distribution to the creditors including the Company. In view of the uncertainty on further distribution, without prejudice to
its rights, adopting conservative approach, the Company has impaired and written off an amount of ? 13,557.10 lakhs till
March 31, 2025 which was included under Exceptional items in financial results of the respective periods. Subsequent to
year end, the Company has received further interim distribution of ? 1,050.49 lakhs, aggregating to the total interim
distribution of ? 7,228.49 lakhs.

43 The Company had invested in 9% Yes Bank Perpetual Additional Tier I (AT-1) Bonds amounting to ? 30,000 Lakhs (face value).
The Final Reconstruction Scheme of Yes Bank by Government of India had excluded the writing off AT-1 bonds. However,
Yes Bank through its Administrator informed the stock exchanges that Additional Tier I Bonds for an amount of ? 8,415
crores were written down permanently which led to legal actions by the trustees and by the Company. The Hon'ble Bombay
High Court quashed and set aside the decision of the Administrator which has been challenged by Yes Bank and RBI before
the Hon'ble Supreme Court where the matter has been stayed subject to the final order of the Hon'ble Supreme Court. The
arguments have been completed by the parties, and the matter has been reserved for order. In view of the uncertainty
prevailing in the matter and irrespective of the final decision in the case, the Company expects an impairment. Hence,
adopting a conservative approach, the Company has impaired and written off amount of ? 10,000.00 lakhs during the
previous year ended March 31, 2025, which was included under Exceptional items in financial results.

44 The Company had been providing technology solutions to brokerage houses through its three business Undertakings viz.
1) Open Dealer Integrated Network, Order Management System (OMS) (ODIN), 2) MATCH, Other Services and Components
and 3) Straight Through Processing Messaging Solution (STP- Gate). The Company entered into three separate Business
Transfer Agreements (BTA) dated August 13, 2024, to sell these business undertakings to a party on "as is where is", basis
on a slump sale, debt free and cash free basis. The sale of 1) Open Dealer Integrated Network, Order Management System
(OMS) (ODIN) and 2) MATCH, Other Services and Components is complete as agreed under the agreements with closing date
of January 20, 2025. The sale of STP-Gate is complete as agreed under the agreements with closing date of September 9,
2025. The disclosure with respect to the BTA was duly made to the stock exchanges. The net gain from the sale of STP Gate
Undertaking is ? 126.71 lakhs (previous year net gain from the sale of ODIN and MATCH, Other Services and Components
business undertaking of ? 14,270.26 lakhs) which has been included under Exceptional items in the financial results of the
Company for respective periods. Since the ODIN Software and the revenue earned from it is attached under the MPID
Act,1999, the consideration of an amount of ?9,800.00 lakhs received under the BTA has been deposited with the Competent
Authority under the MPID Act.

Accordingly, disclosures required under Indian Accounting Standard (Ind AS) 105 "Non-Current Assets Held for Sale and
Discontinued Operations", for all three businesses undertakings viz ODIN, MATCH, Other Services and Components and STP-
Gate are as under.

45 During the quarter ended March 31, 2026, pursuant to Hon'ble MPID court's order, the Company has sold its residual equity
shares in NTT Data Payment Services India Pvt Limited (an Associate of the Company) and resultant gain in standalone
financial statements of ? 14,565.72 lakhs is disclosed as exceptional item. As directed by the MPID court, the said consideration
amount, after deducting applicable taxes, has been deposited by the Company, in the designated bank account of the
Competent Authority - NSEL MPID as security in lieu of attachment

46 The Board of Directors of the Company, in its meeting held on February 18, 2025, approved the participation and support
of the Company to the Scheme of Arrangement between National Spot Exchange Limited ("NSEL") and the Specified Creditors

i.e., traders having outstanding claims above 10 lakhs). The Board also approved the payment of ? 1,950 Crore ("Settlement
Amount"), in accordance with the terms of the Scheme, towards settlement of the claims of ?4610 Cr. Approx. to 5682
Specified Creditors. This Scheme of Arrangement between NSEL and the Specified Creditors ("OTS Scheme") came into place
on the initiative of an investors' association called NSEL Investors Forum ("NIF") who came up with a proposal for a One-Time
Full and Final Settlement ("OTS Scheme") between the traders, NSEL and the Company to bring an end to all the litigations
and to settle the claims of the traders. The OTS Scheme entails payment of a Settlement Amount of ?1,950 Crore by the
Company to the Specified Creditors in proportion to their outstanding claims as on July 31,2024. The OTS Scheme envisages
that on payment of the Settlement Amount, it would result in closure of proceedings against the Company and the Persons
in 63 moons Group (as defined in the OTS Scheme) and release and discharge the Company and the Persons in 63 moons
Group from the Specified Creditors' Claims and removal of restraints in dealing with its properties. The OTS Scheme entails
assignment of Specified Creditors' Claims to the Company on payment of the Settlement Amount. The OTS Scheme seeks a
structured resolution through a statutory mechanism provided by the Companies Act, 2013.

National Company Law Tribunal, Mumbai ("NCLT") on application filed by NSEL, directed to convene a meeting of Specified
Creditors through postal ballot with a facility of voting through electronic means (e-voting) for the purpose of considering,
and, if thought fit, approving the proposed OTS scheme. The OTS Scheme has been duly approved in number 92.81% of
Specified Creditors and value 91.35% in accordance with section 230 of the Companies Act 2013 and the relevant provisions.
This approval exceeds the statutory majority required by Section 230(6) of the Companies Act 2013, that is a majority in
number representing three-fourths in value. NSEL filed a Company Petition before the Ld. NCLT seeking approval of the OTS
Scheme, which was sanctioned by Ld. NCLT vide order dated November 28, 2025. Some of the traders challenged the NCLT
Order sanctioning OTS Scheme, before Ld. National Company Law Appellate Tribunal ("NCLAT") and the same has been
dismissed by the Ld. NCLAT. one of the trader challenged the said dismissal NCLAT order before the Hon'ble Supreme Court;
however, the same was dismissed by the Hon'ble Supreme Court. The Company is presently taking the necessary steps before
the appropriate courts/tribunal to give effect to the OTS Scheme.

47 Based on a civil suit filed by one of the investors affected by the NSEL payment default before the Hon'ble Bombay High
Court, a Notice of Motion was filed against the Company to restrain the Company to pay any dividends to the shareholders
without approval of the Hon'ble High Court. The Hon'ble Bombay High Court passed an ad interim order inter alia restraining
the Company from distributing any dividend or depositing the same in the dividend distribution account in accordance with
the provisions of the Companies Act, 1956 (to be read as Companies Act, 2013) pending the final hearing and disposal of
the Notice of Motion. In compliance to the said order, the Company has not distributed the final dividend approved by the
shareholders for the financial years 2014-15, 2016-17 to 2020-21, 2022-23 to 2024-25 aggregating to ? 9,307.86 lakhs. The
said civil suit has been withdrawn with liberty for restoration in terms of the Scheme.

On May 18, 2026, the Board of Directors of the Company have proposed a final dividend of ? 2/- per share in respect of the
year ended March 31,2026, subject to the approval of shareholders at the Annual General Meeting and such other approvals
as may be necessary. If approved, it would result in a cash outflow of ? 921.57 lakhs.

48 The Union of India, through the Ministry of Corporate Affairs ("MCA"), filed a Company Petition before the Company Law
Board, inter-alia seeking removal and supersession of the Board of Directors of the Company. Thereafter, in 2016, after the
constitution of NCLT, the matter was transferred to NCLT. The NCLT Delhi as an interim arrangement directed formation of
a five-member committee for certain matters of the Company. In the Appeal, NCLT Chennai dismissed the prayer of MCA
for removal and supersession of the entire Board of the Company and ordered MCA to nominate three directors on the
board of the Company. The NCLAT was pleased to uphold the NCLT Order with respect to appointment of 3 nominee directors.
The Company filed civil appeal before Hon'ble Supreme Court challenging the orders passed by NCLAT & NCLT. In the interim,
Hon'ble Supreme Court granted stay on appointment of nominee directors on the board of the Company and the matter is
pending for final hearing. The Company filed an application in view of the Scheme, the Hon'ble Supreme Court has kept
the impugned orders in abeyance to facilitate implementation of the Scheme.

49 a) The Post July-2013, civil suits have been filed against the Company in relation to the counter party payment default on

the exchange platform of NSEL, wherein the Company was also been made a party. In these proceedings certain reliefs
have been claimed against the Company, inter-alia, on the ground that the Company is the holding company of NSEL.
These matters are pending before the Hon'ble Bombay High Court for adjudication. The Company has always denied
the claims and contentions in its reply. There is no privity of contract between the Company and the Plaintiffs therein.
The management is of the view that the parties who have filed the Civil Suits would not be able to sustain any claim
against the Company. Pursuant to the Scheme, the Company has filed applications for disposal of the said suits. Orders
for disposal/dismissal/withdrawal have been passed in respective suits.

b) Pursuant to the payment default on NSEL platform, First Information Report (FIR) was registered against various parties,
including the Company, with the Economic Offences Wing, Mumbai (EOW) in connection with the counter party payment
default on NSEL platform. After investigation, EOW, filed various charge sheets in the matter and inter-alia arrayed the
Company. The State Government attached various assets of the Company under MPID Act by issuing Gazette Notifications.
The matter is pending before the Designated MPID Court. The Company has filed applications for release of its properties
pursuant to the Scheme and the same are pending.

c) The SFIO filed a complaint with the Hon'ble Sessions Court under IPC and the Companies Act, against several persons/
entities including the Company relating to NSEL payment default. The Company challenged the issuance of process order
before the Hon'ble Bombay High Court and the proceedings in the matter has been stayed by the Hon'ble High Court.
The matter is pending for hearing before Hon'ble Bombay High Court.

d) The Enforcement Directorate('ED') attached certain assets of the Company vide Provisional Attachment Orders under the
provisions of the Prevention of Money Laundering Act, 2002(PMLA). The Hon'ble Appellate Tribunal while quashing the
provisional attachment orders imposed certain conditions. The Company filed appeal before the Hon'ble Bombay High
Court for the limited purpose for challenging the conditions put by the Hon'ble Appellate Tribunal. The Hon'ble Court
was pleased to admit the appeal. ED also filed a cross appeal, which is tagged with the Company's appeal Meanwhile,
ED filed a prosecution complaint before the Spl. PMLA Court, Mumbai against the Company and the same is pending
for trial. Pursuant to the Scheme an application filed by the Company was allowed by the Hon'ble Bombay High Court
by passing an order for the release of attached properties.

e) CBI also filed charge-sheets against various persons and entities including the Company in connection with the
counterparty payment default on NSEL platform based on the FIRs filed by the public sector undertakings - PEC Ltd. &
MMTC Ltd for alleged loss suffered by PEC Ltd. & MMTC Ltd on NSEL platform and aforesaid cases are pending for trial
before the Court.

50 The Company has presented segment information in the consolidated financial statements which are presented in the same
annual report. Accordingly, in terms of Paragraph 4 of Ind AS 108 'Operating Segments', no disclosures related to segments
are presented in these standalone financial statements.

51 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. Willful 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 transactions which are not recorded in the books of accounts that has been surrendered or disclosed any
income in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions
of the Income Tax Act, 1961).

(f) Transactions with companies struck off under Section 248 of the Companies Act, 2013 or Section 560 of Companies Act,
1956 during the year ended 31st March, 2026.

(g) No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources
or kind of funds) by the Company to or in any other persons or entities, including foreign entities (Intermediaries) with
the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified
by or on behalf of the Company (Ultimate Beneficiaries)

(h) The Company has not received any fund from any party(s) ('Funding Party') with the understanding that the company
shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Group or
provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries

52 Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the current year's
classification/disclosure.