6. Provisions and Contingent Liabilities
and Contingent Assets

A provision is recognised only when
there is a present legal or constructive
obligation as a result of a past event
that probably requires an outflow of
resources to settle the obligation and in
respect of which a reliable estimate can
be made. Provision is not discounted to
its present value and is determined
based on the best estimate required to
settle the obligation at the Balance
Sheet date. The amount recognised as a
provision is the best estimate of the
consideration required to settle the
present obligation at the reporting date,
taking into account the risks and
uncertainties surrounding the

obligation.

A disclosure for a contingent liability is
made when there is a possible
obligation or a present obligation that
may, but probably will not, require an
outflow of resources. When there is a
possible obligation or a present
obligation in respect of which the
likelihood of outflow of resources is
remote, no provision or disclosure is
made.

Provisions and Contingent Liabilities
and Contingent Assets are reviewed at
each Balance Sheet date. Contingent
Assets and related income are
recognised when there is virtual

certainty that inflow of economic benefit
will arise.

A provision for onerous contracts is
measured at the present value of the
lower of the expected cost of
terminating the contract and the
expected net cost of continuing with the
contract. Before a provision is

established, the Company recognises
any impairment loss on the assets
associated with that contract.

7. Revenue Recognition

Revenue is recognised to the extent that
it is probable that the economic benefits

will flow to the Company and the revenue can
be reliably measured, regardless of when the
payment is being made. Revenue is measured
at the fair value of the consideration received
or receivable, taking into account
contractually defined terms of payment and
excluding taxes or duties collected on behalf
of the government.

Sale of goods: Revenue from the sale of
goods is recognised when the significant risks
and rewards of ownership of the goods have
passed to the buyer, usually on delivery of the
goods. Revenue from the sale of goods is
measured at the fair value of the
consideration received or receivable, net of
returns and allowances, trade discounts and
volume rebates. Revenue is exclusive of tax
which is collected on behalf of government.

Profit/ (Loss) on derivatives : Profit/ (Loss) on
derivatives contracts on account of fair value
changes are recognised as either income or
expenses as the case may be in the profit and
loss statement.

8. Other Income

Interest income from a financial asset is
recognised when it is probable that the
economic benefits will flow to the Company
and the amount of income can be measured
reliably. Interest income is accrued on a time
basis, by reference to the principal
outstanding and at the effective interest rate
applicable.

Dividend income is recognised when the right
to receive the amount is established.

9. Employee benefits

a) Defined contribution plans

Provident Fund: Contribution towards
provident fund is made to the regulatory
authorities. Such benefits are classified as
Defined Contribution Schemes as the
Company does not carry any further
obligations, apart from the contributions
made on a monthly basis andare charged
as an expense based on the amount of
contribution required to be made and

when services are rendered by the
employees.

Employee State Insurance: Fixed

contributions towards contribution to
Employee State Insurance etc. are
considered as defined contribution plans
and are charged as an expense based on
the amount of contribution required to be
made and where services are rendered by
the employees.

b) Defined Benefit Plans

Gratuity: The Company provides for
gratuity, a defined benefit plan (the
"Gratuity Plan") covering eligible

employees in accordance with the Payment
of Gratuity Act, 1972 as amended. The
Gratuity Plan provides a lump sum
payment to vested employees at the time
of separation, retirement, death,
incapacitation or termination of
employment, of an amount based on the
respective employee's salary and the
tenure of employment. For defined benefit
retirement benefit plans, the cost of
providing benefits is determined using the
projected unit credit method, with actuarial
valuations being carried out at the end of
each annual reporting period by an
independent Actuary. Remeasurement,
comprising actuarial gains and losses, the
effect of the changes to the asset ceiling (if
applicable) and the return on plan assets
(excluding net interest)(if applicable), is
reflected immediately in the balance sheet
with a charge or credit recognised in other
comprehensive income in the period in
which they occur. Remeasurement
recognised in other comprehensive income
is reflected immediately in retained
earnings and is not reclassified to profit or
loss. Past service cost is recognised in the
Statement of profit or loss in the period of
a plan amendment. Net interest is
calculated by applying the discount rate to
the net defined benefit liability or asset.

Defined benefit costs are categorised as
follows:

i. Service cost (including current service
cost, past service cost, as well as gains
and losses on curtailments and
settlements);

ii. Net interest expense or income; and

iii. Remeasurements

The Company presents the service costs in
profit or loss in the line item 'Employee
benefits expense'. Curtailment gains and
losses are accounted for as past service costs.

The retirement benefit obligation recognised
in the balance sheet represents the actual
deficit or surplus in the Company's defined
benefit plans. Any surplus resulting from this
calculation is limited to the present value of
any economic benefits available in the form
of refunds from the plans or reductions in
future contributions to the plans.

A liability for a termination benefit is
recognised at the earlier of when the
Company can no longer withdraw the offer of
the termination benefit and when the
Company recognizes any related restructuring
costs.

c. Long Term Employee Benefits:

The Company accounts for its liability towards
compensated absences based on actuarial
valuation done as at the Balance Sheet date
by an independent actuary using the Projected
Unit Credit Method. The liability includes the
long-term component accounted on a
discounted basis and the short-term
component which is accounted for on an
undiscounted basis.

d. Short-term and other long-term employee
benefits:

A liability is recognised for benefits accruing
to employees in respect of wages and salaries
in the period the related service is rendered at
the undiscounted amount of the benefits
expected to be paid in exchange for that
service.

Liabilities recognised in respect of short-term
employee benefits are measured at the

undiscounted amount of the benefits expected
to be paid in exchange for the related service.

Liabilities in respect of other long-term
employee benefits are measured at the

present value of the estimated future cash
outflows expected to be made by the

Company in respect of services provided by
employees upto the reporting date.

10. Foreign currency transactions

Income and expenses in foreign currencies
are recorded at the exchange rate prevailing
on the date of the transaction. Monetary
assets and liabilities denominated in foreign
currencies are translated into the functional
currency at the exchange rate at the reporting
date. Non-monetary assets and liabilities that
are measured at fair value in a foreign
currency are translated into the functional
currency at the exchange rate when the fair
value was determined. Foreign currency
differences are recognised in the Statement of
Profit and Loss. Non-monetary items which
are carried in terms of historical cost
denominated in a foreign currency, are
reported using the exchange rate at the date
of the transaction.

11. Taxation

Income tax expense comprises current tax
expense and the net change in deferred taxes
recognised in the Statement of Profit and Loss,
except when they relate to items that are
recognised in other comprehensive income or
directly in equity, in which case, the current
and deferred tax are also recognised in other
comprehensive income or directly in equity
respectively.

a. Current tax

The tax currently payable is based on
the taxable profit for the year. Taxable
profit differs from net profit as reported
in profit or loss because it excludes
items of expense or income that are
taxable or deductible in other years and
it further excludes items that are never

taxable or deductible. The Company's liability
for tax is calculated using tax rates enacted or
substantively enacted at the reporting date.
Current tax also includes any tax arising from
dividends.

Current tax assets and liabilities are offset
only if, the Company:

i. has a legally enforceable right to set off
the recognised amounts; and

ii. intends either to settle on a net basis, or
to realise the asset and settle the liability
simultaneously.

b. Deferred tax

Deferred tax is recognised in respect of
temporary differences between the carrying
amounts of assets and liabilities for financial
reporting purposes and the amounts used for
taxation purposes. Deferred tax is not
recognised for temporary differences on the
initial recognition of assets or liabilities in a
transaction that is not a business combination
and that affects neither accounting nor
taxable profit or loss.

Deferred tax assets are recognised for unused
tax losses, unused tax credits and deductible
temporary differences to the extent that it is
probable that future taxable profits will be
available against which they can be used.
Deferred tax assets are reviewed at each
reporting date and are reduced to the extent
that it is no longer probable that the related
tax benefit will be realised; such reductions
are reversed when the probability of future
taxable profits improves.

Unrecognised deferred tax assets are
reassessed at each reporting date and
recognised to the extent that it has become
probable that future taxable profits will be
available against which they can be used.

Deferred tax is measured at the tax rates that
are expected to be applied to temporary
differences when they reverse, using tax rates
enacted or substantively enacted at the
reporting date.

The measurement of deferred tax reflects the
tax consequences that would follow from the
manner in which the Company expects, at the
reporting date, to recover or settle the
carrying amount of its assets and liabilities.

Deferred tax assets and liabilities are offset
only if:

a) the Company has a legally enforceable
right to set off current tax assets against
current tax liabilities; and

b) the deferred tax assets and the deferred
tax liabilities relate to income taxes levied
by the same taxation authority on the
same taxable Company.

Deferred tax asset / liabilities in respect of
temporary differences which originate and
reverse during the tax holiday period are not
recognised. Deferred tax assets / liabilities in
respect of temporary differences that originate
during the tax holiday period but reverse after
the tax holiday period are recognised.
Deferred tax assets on unabsorbed tax losses
and tax depreciation are recognised only to
the extent that it is probable that taxable
profits will be available against which
deductible temporary differences can be
utilised. The tax effect is calculated on the
accumulated timing differences at the year-
end based on the tax rates and laws enacted
or substantially enacted on the balance sheet
date.

Current and deferred tax for the year:

Current and deferred tax are recognised in
profit or loss, except when they relate to items
that are recognised in other comprehensive
income or directly in equity, in which case, the
current and deferred tax are also recognised
in other comprehensive income or directly in
equity respectively. Where current tax or
deferred tax arises from the initial accounting
for business combination, the tax effect is
included in the accounting for the business
combination.

A new section 115BAA was inserted in the
Income Tax Act, 1961, by The Government of
India on September 20, 2019 vide the
Taxation Laws (Amendment) Ordinance 2019
which provides an option to companies for
paying income tax at reduced rates in
accordance with the provisions / conditions
defined in the said section. The provisions of
MAT are also not applicable upon exercising
this option. The Company has availed this
option.

Significant judgments are involved in
determining the provision for income taxes,
including amount expected to be
paid/recovered for uncertain tax positions.
The provision for taxation for the current year
has been determined by the Management
based on the tax position to be considered for
tax filing and its assessment of the probability
of acceptance of the same by the taxation
authorities.

12.Lease (Where the Company is the lessee)

The Company assesses whether a contract is
or contains a lease, at inception of the
contract. The Company recognises a right-of-
use asset and a corresponding lease liability
with respect to all lease agreements in which
it is the lessee, except for short term leases
(defined as leases with a lease term of 12
months or less) and leases of low value
assets. For these leases, the Company
recognises the lease payments as an
operating expense on a straight-line basis
over the term of the lease unless another
systematic basis is more representative of the
time pattern in which economic benefits from
the leased asset are consumed.

The lease liability is initially measured at the
present value of the lease payments that are
not paid at the commencement date,
discounted by using the rate implicit in the
lease. If this rate cannot be readily
determined, the Company uses its
incremental borrowing rate.

Lease payments included in the measurement

payments (less any lease incentives), variable
lease payments, penalties, etc.

The lease liability is presented as a separate
line in the Balance sheet.

The lease liability is subsequently measured
by increasing the carrying amount to reflect
interest on the lease liability (using the
effective interest method) and by reducing the
carrying amount to reflect the lease payments
made.

The Company remeasures the lease
liability (and makes a corresponding
adjustment to the related right-of-use
asset) whenever:

• the l ease term has changed or
change in circumstances resulting in
a change in the assessment of
exercise of a purchase option, in
which case the lease liability is
remeasured by discounting the
revised lease payments using a
revised discount rate.

• the lease payments change due to
changes in an index or rate or a
change in expected payment under a
guaranteed residual value, in which
cases the lease liability is measured
by discounting the revised lease
payments using the initial discount
rate (unless the lease payments
change is due to a change in a
floating interest rate, in which case a
revised discount rate is used).

• a lease contract is modified and the
lease modification is not accounted
for as a separate lease, in which case
the lease liability is remeasured by
discounting the revised lease
payments using a revised discount
rate at the effective date of the
combination.

The Company has made such
adjustments during the periods
presented.

The right-of-use assets comprise the initial
measurement of the corresponding lease
liability, lease payments made at or before the
commencement day and any initial direct
costs. They are subsequently measured at cost
less accumulated depreciation and
impairment losses.

Whenever the Company incurs an obligation
for costs to dismantle and remove a leased
asset, restore the site on which it is located or
restore the underlying asset to the condition
required by the terms and conditions of the
lease, a provision is recognised and
measured under Ind AS 37. The costs are
included in the related right-of-use asset,
unless those costs are incurred to produce
inventories.

Right-of-use assets are depreciated over the
shorter period of lease term and useful life of
the underlying asset.

The right-of-use assets are presented as a
separate line in Balance sheet. The Company
applies Ind AS 36 Impairment of Assets to
determine whether a right-of-use asset is
impaired.

1 3.Earnings per share

Basic earnings per share is computed by
dividing the profit / (loss) after tax (including
the post-tax effect of extraordinary items, if
any) by the weighted average number of
equity shares outstanding during the year.

Diluted earnings per share is computed by
dividing the profit/ (loss) after tax (including
the post-tax effect of extraordinary items, if
any) as adjusted for dividend, interest and
other charges to expense or income relating
to the dilutive potential equity shares, by the
weighted average number of equity shares
considered for deriving basic earnings per
share and the weighted average number of
equity shares which could have been issued
on the conversion of all dilutive potential
equity shares. Potential equity shares are
deemed to be dilutive only if their conversion
to equity shares would decrease the net profit

per share from continuing ordinary
operations. Potential dilutive equity shares are
deemed to be converted as at the beginning
of the period, unless they have been issued at
a later date. The dilutive potential equity
shares are adjusted for the proceeds
receivable had the shares been actually
issued at fair value (i.e. average market value
of the outstanding shares). Dilutive potential
equity shares are determined independently
for each period presented. The number of
equity shares and potentially dilutive equity
shares are adjusted for share splits / reverse
share splits and bonus shares, as
appropriate.

14.Segment Reporting

Operating segments reflect the Company's
management structure and the way the
financial information is regularly reviewed by
the Company's Chief Operating Decision
Maker (CODM) who is the Chief Executive
Officer of the Company. The CODM
considers the business from both business
and product perspective based on the
dominant source, nature of risks and returns
and the internal organisation and
management structure. The operating
segments are the segments for which separate
financial information is available and for
which operating profit / (loss) accounts are
evaluated regularly by the executive
Management in deciding how to allocate
resources and in assessing performance.

The accounting policies adopted for segment
reporting are in line with the accounting
policies of the Company. Segment revenue,
segment expenses, segment assets and
segment liabilities have been identified to
segments on the basis of their relationship to
the operating activities of the segment.

Inter-segment revenue, where applicable, is
accounted on the basis of transactions which
are primarily determined based on market /
fair value factors. Revenue, expenses, assets
and liabilities which relate to the Company as
a whole and are not allocable to segments on
reasonable basis have been included under

unallocated revenue / expenses / assets /
liabilities.

Changes are made to the segment reporting,
wherever necessary, based on the change in
the business model duly considering the
above factors.

15.Impairment of non-financial assets

The Company assesses at each reporting
dates as to whether there is any indication
that any Property, Plant and Equipment or
Other Intangible assets or Investment Property
or other class of an asset or Cash Generating
Unit ('CGU') may be impaired. If any such
indication exists, the recoverable amount of
the assets or CGU is estimated to determine
the extent of impairment, if any. When it is not
possible to estimate the recoverable amount
of an individual asset, the Company estimates
the recoverable amount of the CGIJ to which
the asset belongs.

An impairment loss is recognized in the
Statement of the Profit and Loss to the extent,
asset's carrying amount exceeds its
recoverable amount. The recoverable amount
is higher of an asset's fair value less cost of
disposal and value in use. Value in use is
based on the estimated future cash flows,
discounted to their present value using pre-tax
discount rate that reflects current market
assessments of the time value of money and
risk specific to the assets. The impairment loss
recognised in prior accounting period is
reversed if there has been a change in the
estimate of recoverable amount.

1 6.Events after reporting date

Where events occurring after the balance
sheet date till the date when the financial
statements are approved by the Board of
Directors of the Company, provide evidence
of conditions that existed at the end of the
reporting period, the impact of such events is
adjusted within the financial statements.
Otherwise, events after the reporting balance
sheet date of material size or nature are only
disclosed.

1 7.Non-Current Assets held for Sale

Non-Current Assets classified as held for sale
are measured at the lower of the carrying
amount and fair value less cost of disposal.
Non-current assets are classified as held for
sale if their carrying amount will be recovered
through a sale transaction rather than
through continuing use. This condition is
regarded as met only when the sale is highly
probable, and the asset is available for
immediate sale in its present condition.
Management must be committed to the sale
which should be expected to qualify as a
completed for recognition as a completed
sale within one year from the date of
classification.

1 8.Statement of Cash Flows

Cash flows are reported using the indirect
method, whereby profit / (loss) before
extraordinary items and tax is adjusted for the
effects of transactions of non-cash nature and
any deferrals or accruals of past or future
cash receipts or payments. The cash flows
from operating, investing and financing
activities of the Company are segregated
based on the available information.

19. Estimation uncertainty relating to the
global health pandemic

The outbreak of Corona virus (COVID-19)
pandemic globally and in India is causing
significant disturbance and slowdown of
economic activity. In assessing the
recoverability of Company's Financial Assets
and Non-Financial Assets, the Company has
considered internal and external information.
The Company has evaluated impact of this
pandemic on its business operations and
based on its review and current indicators of
future economic conditions, there is no
significant impact on its financial statements
and the Company expects to recover the
carrying amount of all its assets.

20. Goods and Service Tax Input Credit

Goods and Service Input Credit is accounted
for in the books during the period in which
the underlying service received is accounted
and where there is no uncertainty in
availing/utilizing the same.

21. Related party transactions

Related party transactions are accounted for
based on terms and conditions of the
agreement / arrangement with the respective
related parties. These related party
transactions are determined on an arms-
length basis and are accounted for in the year
in which such transactions occur and
adjustments if any, to the amounts accounted
are recognised in the year of final
determination.

There are common costs incurred by the
Holding Company / Other Group Companies
on behalf of various entities in the group
including the Company. The cost of such
common costs are allocated among
beneficiaries on appropriate basis and
accounted to the extent debited separately by
the said related parties.

22. Earnings before interest and depreciation
and amortisation ("EBITDA")

The Company presents EBITDA in the
Statement of Profit and Loss; this is not
specifically required by Ind AS 1. The term
EBITDA is not defined in Ind AS. Ind AS
compliant Schedule Ill allows line items, sub¬
line items and sub-totals to be presented as
an addition or substitution on the face of the
Ind AS Financial Statements when such
presentation is relevant to an understanding
of the Company's financial position or
performance or to cater to industry/sector-
specific disclosure requirements or when
required for compliance with the amendments
to the Companies Act or under the Indian
Accounting Standards.

Measurement of EBITDA:

Accordingly, the Company has elected to
present earnings before interest, tax,
depreciation and amortisation (EBITDA)
before exceptional items as a separate line
item on the face of the Statement of Profit and
Loss. The Company measures EBITDA before
exceptional items on the basis of profit/(loss)
from continuing operations including other
income. In its measurement, the Company

does not include exceptional items,
depreciation and amortisation expense,
finance costs, and tax expense.

23.Recent Accounting Pronouncements

Ministry of Corporate Affairs("MCA") notifies
new standards or amendment to the existing
standards under Companies (Indian
Accounting Standards) Rules as issued from
time to time.

For the year ended 31 March 2026, MCA has
not notified any new standards or
amendments to the existing standards
applicable to the Company.

C. Rights, Preferences and Restrictions of share holder

The company has only single class of equity shares. Each shareholder is eligible for one vote per share. one class of equity share have
been issued having a par value of Rs.10/- each. The company declares and pays dividend if any, in Indian Rupee. The dividend
proposed if any, by the board of Directors is subject to the approval of the share holders at the ensuing Annual General meeting except
in case of interim dividend. In the event of liquidation of the company, the holder of equity shares will be entiled to receive any of
remaining assets of the company after distribution of preferential amount. The distribution will be in proportion to the number of equity
shares held by the share holders.

There is no impairment loss on property, plant and equipment assets on the basis of review carried out by the management.
Company carries out physical verification of its Property, Plant and Equipment at regular interval.

Note 33: Inventory

The inventory comprising of Traded goods is physically verified by the management at regular intervals and as at the end of the
year. Company obtains written confirmations in respect of stock lying with third parties, if any, as at the year end .The quantity
and valuation of inventory at the year end has been certified by the management.

Note 34: Trade Receivable

Loan and Advances, Trade receivables and Other Receivables are subject to confirmation and reconciliaton.

D. Financial risk management

Risk management framework

The Company's board of directors has overall responsibility for the establishment and oversight of the Company's risk management
framework. The Company's risk management policies are established to identify and analyse the risks faced by the Company, to set
appropriate risk limits and controls and to monitor risks and adherence to limits. Risk management policies and systems are reviewed
regularly to reflect changes in market conditions and the Company's activities. The Company, through its training and management
standards and procedures, aims to maintain a disciplined and constructive control environment in which all employees understand their
roles and obligations.

The Company has exposure to the following risks arising from financial instruments:

1. Credit risk

2. Liquidity risk

3. Market risk and

4. Interest rate risk

1. Credit risk

Credit risk is the risk that a customer or counterparty to a financial instrument will fail to perform or pay amounts due to the Company
causing financial loss. It arises from cash and cash equivalents, deposits with banks and financial institutions, security deposits, loans given
and principally from credit exposures to customers relating to outstanding receivables. The Company's maximum exposure to credit risk is
limited to the carrying amount of financial assets recognised at reporting date. The Company continuously monitors defaults of customers
and other counterparties, identified either individually or by the Company, and incorporates this information into its credit risk controls.
Where available at reasonable cost, external credit ratings and/or reports on customers and other counterparties are obtained and used.
The Company's policy is to deal only with creditworthy counterparties.

In respect of trade and other receivables, the Company is not exposed to any significant credit risk exposure to any single counterparty or
any company of counterparties having similar characteristics. Trade receivables consist of a large number of customers in various
geographical areas. The Company has no history of customer default, and considers the credit quality of trade receivables that are not past
due or impaired to be good. The credit risk for cash and cash equivalents, mutual funds, bank deposits, loans and derivative financial
instruments is considered negligible, since the counterparties are reputable organisations with high quality external credit ratings. Company
provides for expected credit losses on financial assets by assessing individual financial instruments for expectation of any credit losses.
Since the assets have very low credit risk, and are for varied natures and purpose, there is no trend that the company can draws to apply
consistently to entire population. For such financial assets, the Company's policy is to provide for 12 month expected credit losses upon
initial recognition and provides for lifetime expected credit losses upon significant increase in credit risk. The Company does not have any
expected loss based impairment recognised on such assets considering their low credit risk nature, though incurred loss provisions, if any,
are disclosed under each sub-category of such financial assets.

2. Liquidity risk

Liquidity Risk is defined as the risk that the Company will not be able to settle or meets its obligations on time at a reasonable price In
addition; processes and policies related to such risks are overseen by senior management. Management monitors the Company's net
liquidity through rolling forecasts of expected cash flows.

Exposure to liquidity risk

The table below is an analysis of Company's financial liabilities based on their remaining contractual maturities of financial liabilities at the
reporting date.

3. Market risk

Changes in market prices which will affect the Company's income or the value of its holdings of financial instruments is considered as
market risk. It is attributable to all market risk sensitive financial instruments.

4. 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. In order to optimize the Company's position with regards to interest income and interest expenses and to manage the
interest rate risk, treasury performs a comprehensive corporate interest rate risk management by balancing the proportion of fixed rate and
floating rate financial instruments in its total portfolio.

Note: 37 Capital Management

The primary objective of the Group's capital management is to maximize the shareholders' interest, safeguard its ability to continue as a
going concern and reduce its cost of capital. Company is focused on keeping strong total equity base to ensure independence, security as
well as high financial flexibility for potential future borrowings required if any. Company's capital for capital management includes debt and
total equity . As at March 31, 2026 and March 31, 2025 total capital is Rs 1,07,88.85,772/- and Rs 72,21,62,671/- respectively. No
changes were made in the objectives, policies or processes for managing capital during the year ended March 31,2026, March 31,2025.

The Primary Reporting of the Company has been made on the basis of business segments. The Company operates in a reportable operating
segment with 2 units like Sales of product (Hardware) and Softwares & Services. Accordingly, the amounts appearing in the financial
statements relate to this operating segment. Hence there are separate reportable segments in accordance with Ind AS 108 'Operating
Segments'. The Managing Director & Director of the Company, has been identified as the chief operating decision maker (CODM). The
CODM evaluates the Company's performance, allocates resources based on analysis of the various performance indicators of the
Company as a single unit. There is only one Geographical Segments (based on geographical location of its customers) i.e. India

During the current period and previous year the Company has not traded or invested in Crypto / Virtual Currency.

Note 41: Undisclosed Income:

There are no transactions which are not 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.

Note 42: Utilisation of Borrowed funds and Securities Premium :

a. The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kinds of
funds) to any other persons or entities, 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), or

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

b. The Company has not received any fund from any person or entities, including foreign entities (Funding Party) with the understanding
(whether recorded in writing or otherwise) that the company shall:

(i) 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

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

The provisions of the Foreign Exchange Management Act, 1999 (42 of 1999) and Companies Act has been complied with for the
transactions of the Company during the year and the transactions are not violative of the Prevention of Money-Laundering act, 2002 (15 of
2003).

Note 43: Additional Disclosures

(i) Title deeds of Immovable Properties not held in name of the Company:

The company does not hold any immovable properties (other than properties where the company is the lessee and the lease agreements
are duly executed in favour of the lessee) whose title deeds are not in the name of the company.

(ii) Loans or Advances:

The company has not granted Loans or Advances except as disclose in note 9, 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, that are:

(a) repayable on demand; or

(b) without specifying any terms or period of repayment.

(iii) Intangible Assets under Development:

No assets have been classifed as intangible assets under development.

(iv) Details of Benami Property held:

No proceeding has been initiated or pending against the company for holding any benami property under the Benami Transactions
(Prohibition) Act, 1988 (45 of 1988) and rules made thereunder.

(v) Relationship with Struck off Companies:

The company does not have any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of
Companies Act 1956.

(vi) Registration of charges or satisfaction with Registrar of Companies (ROC):

The company does not have any charges or satisfaction yet to be registered with ROC beyond the statutory period.

(vii) Compliance with number of layers of companies:

The company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies
(Restriction on number of Layers) Rules, 2017.

Note 44: Financial instruments - Capital Management
Capital management

For the purpose of the capital management, capital includes issued equity capital, securities premium and all other equity reserves
attributable to the equity holders of the company. The primary objective of the Company's capital management is to maximise the
shareholder value.

The Group manages its capital structure and makes adjustments in light of changes in economic conditions and the requirements of the
financial covenants. To maintain or adjust the capital structure, the Company may adjust to return capital to shareholders or issue new
shares. 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, less cash and cash equivalents, excluding discontinued operations.

Charge created in favour of the charge holder (SBI) & (HSBC) on 31/12/2024 of Rs 6000 Lakhs over certain assets of the company.

The charged asset shall mean and include: the whole of cash, cash equivalent, inventory, prepaid expenses, other liquid assets, book
debts, bills, whether documentary or clean, office premises and all other assets each recognised as current assets under the applicable
law and accounting norms both present and future, whether in possession or under the control of the Borrower or not, but including Fixed
Deposits.