(d) Terms / Rights attached to Equity Shares

The Company has only one class of equity shares having a par value of INR 10 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the Company, holders of equity shares will be entitled to receive the remaining assets of the Company after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held, subject to the amount paid-up on such shares.

The Company's equity shares consist of:

Fully Paid Equity Shares: Holders have paid the entire par value of INR 10 per share and are entitled to full voting rights, dividends, and distribution of assets on liquidation.

Partly Paid Equity Shares: Holders have paid only a portion of the par value. Their rights to vote, receive dividends, and participate in distribution of assets are proportionate to the amount paid-up on such shares.

g. Cash Credit facility provided by State bank of India is primary secured by hypothecation of entire Current Assets of the firm, present & future, including stocks, stores, finished goods & receivable and 1st charge on Plant and Machinery and collateral secured as Registered Mortgage of company Land & Building and Personal Guarantee of Directors namely Sh Abhinav Bhardwaj and the Shareholders namely Manju Bhardwaj and Smt Dipti Gupta

h. Inter-Corporate Loan carry an simple interest rate of 7.5% p.a., 9.0% p.a. and are repayable on demand.

i. There is no default in repayment of any loan or interest thereon.

Risk management objectives

Risk management framework

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

- Liquidity risk;

- Int erest rate risk; and

- Credit risk

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 periodically to reflect changes in market conditions and the Company's activities. The Company, through its training, standards and procedures, aims to maintain a disciplined and constructive control environment in which all employees understand their roles and obligations.

The board of directors oversees how management monitors compliance with the company's risk management policies and procedures, and reviews the adequacy of the risk management framework in relation to the risks faced by the Company. The board of directors is assisted in its oversight role by internal audit. Internal audit undertakes both regular and ad hoc reviews of risk management controls and procedures, the results of which are reported to the board of directors.

Financial risk

The Company's Board approved financial risk policies comprise liquidity, currency, interest rate and counterparty risk. The Company does not engage in speculative treasury activity but seeks to manage risk and optimize interest through proven financial instruments.

a) Liquidity

The Company requires funds both for short-term operational needs as well as for long-term investment programme mainly in growth projects.

The Company remains committed to maintaining a healthy liquidity, gearing ratio, deleveraging and strengthening our balance sheet. The maturity profile of the Company's financial liabilities based on the remaining period from the date of balance sheet to the contractual maturity date is given in the table below. The figures reflect the contractual undiscounted cash obligation of the Company.

c) Credit risk

Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in financial loss to the Company. The Company has adopted a policy of only dealing with creditworthy counterparties and obtaining sufficient collateral, where appropriate, as a means of mitigating the risk of financial loss from defaults. The Company regularly monitors its counterparty limits by reviewing the outstanding balance and ageing of the same.

30 Employee Benefits

The Company participates in defined contribution and benefit schemes and the amount charged to the statement of profit or loss is the total of contributions payable in the year.

a. Defined contribution plan

The Company makes contributions towards provident fund and employee state insurance scheme to a defined contribution retirement benefit plan for qualifying employees. The Company's contribution to the Employees Provident Fund and Employees State Insurance scheme is deposited with the Regional Provident Fund Commissioner. Under the scheme, the Company is required to contribute a specified percentage of payroll cost to the retirement benefit scheme to fund the benefits.

During the year, the Company has recognised INR 28,796.48 Hundred (Previous year INR 24,468.78 Hundred) for Employer's contributions to the Provident Fund and INR 6,674.06 Hundred(Previous year INR 5,828.58 Hundred) for Employee State Insurance Scheme contributions in the Statement of Profit and Loss. The contribution payable to the plan by the Company is at the rate specified in rules to the scheme.

b. Defined benefit plan - Gratuity plan

The Company's contribution towards its gratuity liability is a defined benefit retirement plan.

The gratuity liability arises on retirement, withdrawal, resignation and death of an employee. The aforesaid liability is calculated on the basis of fifteen days salary (i.e. last drawn qualifying salary) for each completed year of service subject to completion of five years service.

33 In the opinion of the Management, Current Assets, Loans and Advances are of the value stated, if realized in the ordinary course of business except otherwise stated. The provision for all the known Liabilities is adequate and not in excess of the amount considered reasonably necessary.

34 The company has to recover a sum of INR 16,019.40 Hundred from Livguard Energy Technologies Pvt. Ltd.. The matter is pending before District Court, Nalagarh for adjudication. The management is hopeful of recovering this pending amount. But, During the year company has made a provision of INR 8,009.70 Hundred.

35 The company has to recover a sum of INR 4742.83 from Rehaan International. The matter is pending for dishonor of cheques before District Court, Saket, Delhi for adjudication. The management is hopeful of recovering this pending amount.

36 As per Ind AS-108 "Operating Segments" {specified under the section 133 of the Companies Act, 2013 ("the Act") read with Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) and other relevant provision of the Act} the Company's chief operating decision maker, i.e. Managing Director ('CODM') has identified Printed Circuit Boards as the reportable segments. The Company is engaged in manufacturing of Printed Circuit Boards. Accordingly, the Company has only one reportable segment 'Printed Circuit Board' and disclosures as per Ind AS 108 "Operating Segments" are not applicable.

The Company has a major customer that contributed more than 10% of the Company's revenue for the year ended March 31, 2026. Sales of More than one customers amounted to ?61,89,631.83 Hundred & 39,23,339.96 Hundred during the year March 31, 2026 & March 31, 2025.

37 Remuneration paid to the Directors included in Employees Benefits Expenses is INR 27,600.00 Hundred (Previous Year INR 22,800.00 Hundred).

38 All Trade Receivable are good and recoverable except as stated in point no 34 and 35.

39 There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.

40 Previous year figures have been regrouped/reclassified by the company to conform with current year's presentation, none of which it believes to be material, hence no additional disclosure is provided.

41 The company has following contingent liability:

1. Letter of credit outstanding for Raw Material as on March 31. 2026 is INR 5,24,093.22 Hundred (Previous Year 2,37,321.19 Hundred).

2. The Company was under scrutiny for excess availment of Input Tax Credit ("ITC") amounting to ?21.84 Lakhs during the financial year 2018-19 and ?1,672 during the financial year 2019-20, aggregating to ?21.86 Lakhs. The aforesaid ITC pertains to inward supplies relating to the financial year 2017-18, which was claimed in the month of September 2018. The jurisdictional GST Officer has denied the availment of such ITC on thse grounds of noncompliance with Section 16 of the Central Goods and Services Tax Act, 2017. The Company, however, maintains that the claim was made in good faith and in compliance with statutory requirements. An order in this matter has been passed against the Company on December 15, 2025. The Company has filed rectification of Order, and therefore the matters remain pending. Consequently, any liability towards interest and penalty has not been considered at this stage.

3. During the financial year 2018-2019, the Company availed Input Tax Credit ("ITC") amounting to ?17.07 Lakhs in respect of inward supplies received from M/s. Joyus Overseas. At the time of the transactions, M/s. Joyus Overseas was a duly registered entity under the Goods and Services Tax ("GST") regime, and the Company engaged with it in the ordinary course of business. Subsequently, the GST registration of M/s. Joyus Overseas was cancelled by the authorities. In the present case, the availing of ITC has been questioned on the grounds of alleged contravention of Section 16 of the Central Goods and Services Tax Act, 2017. The Company, however, maintains that the ITC was claimed in good faith and in compliance with statutory requirements, as the supplier was validly registered at the time of the transactions. An order in this matter has been passed against the Company on December 22, 2025. The Company has filled appeal, and therefore the matters remain pending. Consequently, any liability towards interest and penalty has not been considered at this stage

42 The company has not declared any dividend during the year.

43 The company do not have any long- term contracts including derivative contract.

44 The accouting software used for maintaining its books of account has a feature of recording audit trail(edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the software. Further, there are no instance of audit trail feature being tampered with or audit trail not preserved as per the statutory requirements in respect of accounting software.

i) directly or indirectly lend or invest in other person 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(s) or entity(ies), 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 on behalf of the Ultimate Beneficiaries.

j There is no transaction to be 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 and also there is no previously unrecorded income and related assets to be recorded in the books of account during the year.;

l The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.