A provision is recognised when there is a present obligation (legal or constructive) as a result of
a past event that probably requires an outflow of resources and a reliable estimate can be made
of the amount of the obligation. 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
assessments 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 recognized
as a finance cost. Each provision is based on the best estimate of the expenditure required to
settle the present obligation at the balance sheet date.

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 or a reliable estimate of the amount cannot be made. 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.

Contingent assets are generally not recognized but are disclosed when inflow of economic benefit
is probable.

Provisions, Contingent liabilities and contingent assets are reviewed at each Balance Sheet date.

Q) Income taxes

Tax expense for the year comprises current tax and deferred tax. The tax currently payable is
based on taxable profit for the year.

Taxable profit differs from net profit as reported in the statement of profit and loss because it
excludes items of income or expense that are taxable or deductible in other years and it further
excludes items that are never taxable or deductible. The Company's liability for current tax is
calculated using tax rates and tax laws that have been enacted or substantively enacted by the
end of the reporting period.

Deferred tax is the tax expected to be payable or recoverable on temporary differences between
the carrying values of assets and liabilities in the financial statements and the corresponding
tax bases used in the computation of taxable profit and is accounted for using liability method.
Deferred tax liabilities are generally recognised for all taxable temporary differences. In contrast,
deferred tax assets are only recognised to the extent that it is probable that future taxable profits
will be available against which the temporary differences can be utilised.

The carrying value of deferred tax assets is reviewed at the end of each reporting period and
reduced to the extent that it is no longer probable that sufficient taxable profits will be available
to allow all or part of the asset to be recovered.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability
is settled or the asset is realised based on the tax rates and tax laws that have been enacted
or substantially enacted by the end of the reporting period. The measurement of deferred tax
liabilities and assets reflects the tax consequences that would follow from the manner in which
the Company expects, at the end of the reporting period, to cover or settle the carrying value of
its assets and liabilities.

Deferred tax assets and liabilities are offset to the extent that they relate to taxes levied by the
same tax authority and there are legally enforceable rights to set off current tax assets and current
tax liabilities within that jurisdiction and there is an intention to settle the asset & liability on a net
basis.

Current and deferred tax are recognised as an expense or income in the statement of profit and
loss, except when they relate to items credited or debited either in other comprehensive income
or directly in equity, in which case tax is also recognized in other comprehensive income or directly
in equity.

R) Earnings per share

Basic earnings per share are calculated by dividing the net profit or loss for the year attributable
to equity shareholders of the Company by the weighted average number of the equity shares
outstanding during the year. For the purpose of calculating diluted earnings per share, net profit
or loss for the year attributable to equity shareholders of the Company and the weighted average
number of equity shares outstanding during the year are adjusted for the effect of all dilutive
potential equity shares.

S) Financial Instruments

A financial instrument is any contract that gives rise to a financial asset of one entity and a
financial liability or equity instrument of another entity.

Financial assets and liabilities are initially measured at fair value.

Transaction costs that are directly attributable to the acquisition or issue of financial assets and
financial liabilities (other than financial assets and financial liabilities at fair value through profit
and loss) are added to or deducted from the fair value measured on initial recognition of financial
asset or financial liability. The transaction costs directly attributable to the acquisition of financial
assets and financial liabilities at fair value through profit and loss are immediately recognised in
the statement of profit and loss.

Where the fair value of a financial asset at initial recognition is different from its transaction price,
the difference between the fair value and the transaction price is recognized as a gain or loss
in the Statement of Profit and Loss, unless it qualifies to recognized otherwise. However, trade
receivables that do not contain a significant financing component are measured at Transaction
price.

(a) Financial assets

a. (i) Classification :

The Company classifies its financial assets in the following measurement categories:

i. those to be measured subsequently at fair value (either through other comprehensive income,
or through profit or loss), and

ii. those measured at amortised cost

The classification depends on the entity's business model for managing the financial assets and
the contractual terms of the cash flows

i. Financial assets at amortized cost

Financial assets are subsequently measured at amortised cost if these financial assets are held
within a business model whose objective is to hold these assets in order to collect contractual
cash flows and the contractual terms of the financial asset give rise on specified dates to cash
flows that are solely payments of principal and interest on the principal amount outstanding.
The effective interest method is a method of calculating the amortised cost of a financial instrument
and of allocating interest income or expense over the relevant period. The effective interest rate is
the rate that exactly discounts future cash receipts or payments through the expected life of the
financial instrument, or where appropriate, a shorter period.

ii. Financial assets measured at fair value

Fair Value through other comprehensive income (FVTOCI)

Financial assets are measured at fair value through other comprehensive income if these financial
assets are held within a business model whose objective is to hold these assets in order to collect
contractual cash flows or to sell these financial assets and the contractual terms of the financial
asset give rise on specified dates to cash flows that are solely payments of principal and interest
on the principal amount outstanding.

Financial assets included within the FVTOCI category are measured initially as well as at each
reporting date at fair value. Fair value movements are recognised in the OCI. However, the
Company recognises interest income, impairment losses and reversals and foreign exchange
gain or loss in the statement of profit and loss. On derecognition of the asset, cumulative gain or
loss previously recognised in OCI is reclassified to the statement of profit and loss. Interest earned
while holding a FVTOCI instrument is reported as interest income using the effective interest rate
method.

The Company in respect of equity investments (other than in subsidiaries, associates and joint
ventures) which are not held for trading has made an irrevocable election to present in other
comprehensive income subsequent changes in the fair value of such equity instruments. Such
an election is made by the Company on an instrument by instrument basis at the time of initial
recognition of such equity investments.

Fair value through the statement of profit and loss (FVTPL)

Financial asset not measured at amortised cost or at fair value through other comprehensive
income is carried at fair value through the statement of profit and loss. Fair value changes are
recognized in the Statement of Profit & Loss at each reporting period.

iii. Cash and bank balances

Cash and bank balances consist of:

(i) Cash and cash equivalents - which includes cash in hand, deposits held at call with banks and
other short term deposits which are readily convertible into known amounts of cash, are subject
to an insignificant risk of change in value and have maturities of less than one year from the date
of such deposits. These balances with banks are unrestricted for withdrawal and usage.

(ii) Other bank balances - which includes balances and deposits with banks that are restricted
for withdrawal and usage.

iv. Impairment of financial assets:

The Company recognizes loss allowances using the expected credit loss (ECL) model for the
financial assets and unbilled revenues which are not fair valued through profit or loss.

The Company recognises life time expected credit losses for all trade receivables and unbilled
revenues that do not constitute a financing transaction. For all other financial assets whose credit
risk has not significantly increased since initial recognition, loss allowance equal to twelve months
expected credit losses is recognised. Loss allowance equal to the lifetime expected credit losses
is recognised if the credit risk on the financial instruments has significantly increased since initial
recognition. The Impairment losses and reversals are recognized in the Statement of Profit & Loss.

v. De-recognition of financial assets

The Company de-recognises a financial asset only when the contractual rights to the cash flows
from the asset expire, or it transfers the financial asset and substantially all risks and rewards of
ownership of the asset to another entity. If the Company neither transfers nor retains substantially
all the risks and rewards of ownership and continues to control the transferred asset, the Company
recognises its retained interest in the assets and an associated liability for amounts it may have
to pay. If the Company retains substantially all the risks and rewards of ownership of a transferred
financial asset, the Company continues to recognise the financial asset and also recognizes a
collateralised borrowing for the proceeds received. On de-recognition of a Financial Asset (except
for Financial Assets measured at FVTOCI), the difference between the carrying amount and the
consideration received is recognized in the Statement of Profit & Loss.

(b) Financial liabilities and equity instruments

Classification as debt or equity Financial liabilities and equity instruments issued by the Company
are classified according to the substance of the contractual arrangements entered into and the
definitions of a financial liability and an equity instrument.

Equity instruments

An equity instrument is any contract that evidences a residual interest in the assets of the
Company after deducting all of its liabilities. Equity instruments are recorded at the proceeds
received, net of direct issue costs.

Financial Liabilities

Other payables are initially measured at fair value, net of transaction costs, and are subsequently
measured at amortised cost, using the effective interest rate method where the time value of
money is significant. Interest bearing bank loans, overdrafts and issued debt are initially measured
at fair value and are subsequently measured at amortised cost using the effective interest rate
method. Any difference between the proceeds (net of transaction costs) and the settlement or
redemption of borrowings is recognised over the term of the borrowings in the statement of profit
and loss.

The Company de-recognises financial liabilities when, and only when, the Company's obligations
are discharged, cancelled or they expire. The differences between the carrying amount of the
financial liability derecognized and the consideration paid is recognized in the Statement of Profit
& Loss.

Derivative financial instruments

The Company engages in forward contracts primarily to mitigate risks arising from fluctuations in
foreign currency related to its existing financial assets and liabilities, specific commitments, and
anticipated transactions. These derivative contracts are used exclusively for hedging purposes
and are not employed for trading or speculative activities.

In its hedging strategy, the Company designates certain instruments, including derivatives and,
in some cases, non-derivative financial instruments related to foreign currency risk, as fair value
hedges. For hedges involving foreign exchange risk on commitments, the Company also applies
fair value hedge accounting.

Under fair value hedge, any changes in the fair value of the designated portion of the hedging
instruments that qualify are recognized immediately in the profit or loss statement. This is done
in conjunction with the recognition of any changes in the fair value of the hedged asset or liability
attributable to the hedged risk.

Derivatives are initially recognized and measured at fair value from the date the derivative
contract is entered into. Subsequently, they are re-measured at their fair value at the end of each
reporting period.

T) Investment in Joint Ventures & associates

A joint venture is a joint arrangement whereby the parties have the joint control of the arrangement
and have rights to the net assets to joint arrangement. Joint control is contractually agreed sharing
of control of an arrangement which exists only when decisions about the relevant activity require
unanimous consent of the parties sharing control. Investment in joint ventures are carried at
cost less accumulated impairment, if any. Where an indication of impairment exists, the carrying
amount of the investment is assessed and written down immediately to its recoverable amount.
On disposal of investments in joint venture, the difference between net disposal proceeds and the
carrying amounts are recognized in the Statement of Profit and Loss.

An associate is an entity over which the investor has significant influence. Investment in associates
are carried at Transaction price.

U) Non-current assets held for sale and discontinued operations

Non-current assets (or disposal groups) 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, except for assets such as deferred tax assets, assets arising from
employee benefits, financial assets and contractual rights under insurance contracts, which are
specifically exempt from this requirement.

An impairment loss is recognised for any initial or subsequent write-down of the asset (or disposal
group) to fair value less costs to sell. A gain is recognised for any subsequent increases in fair value
less costs to sell of an asset (or disposal group), but not in excess of any cumulative impairment
loss previously recognised. A gain or loss not previously recognised by the date of the sale of the
non-current asset (or disposal group) is recognised at the date of de-recognition.

Non-current assets (including those that are part of a disposal group) are not depreciated or
amortised while they are classified as held for sale. Interest and other expenses attributable to the
liabilities of a disposal group classified as held for sale continue to be recognised.

Non-current assets classified as held for sale and the assets of a disposal group 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

A discontinued operation is a component of the entity that has been disposed of or is classified
as held for sale and that represents a separate major line of business or geographical area of
operations, is part of a single co-ordinated plan to dispose of such a line of business or area of
operations, or is a subsidiary acquired exclusively with a view to resale. The results of discontinued
operations are presented separately in the statement of profit and loss.

V) Business Combinations

Business Combinations are accounted for using the acquisition method of accounting, except
for common control transactions which are accounted using the pooling of interest method that
is accounted at carrying values. The cost of an acquisition is measured at the fair value of the
assets transferred, equity instruments issued and liabilities assumed at their acquisition date i.e.
the date on which control is acquired.

Goodwill arising on business combination is initially measured at cost, being the excess of the
aggregate of the consideration transferred and the amount recognised for noncontrolling
interests, and any previous interest held, over the fair value of net identifiable assets acquired
and liabilities assumed. After initial recognition, Goodwill is tested for impairment annually and
measured at cost less any accumulated impairment losses if any.

W) Segment Reporting

Operating Segments are reported in a manner consistent with the information reported to the
Chief Operating Decision Maker (CODM) for the purpose of resource allocation and assessment
of segment performance based on product and services.

4. RECENT ACCOUNTING PRONOUNCEMENTS

Ministry of Corporate Affairs ("MCA") notifies new standards or amendments to the existing
standards under Companies (Indian Accounting Standards) Rules,2015 as issued from time to
time. For the year ended March 31, 2025, MCA has not notified any new standards or amendments
to the existing standards applicable to the Company.

* The company withheld a liability owed to M/s. Clean Coats Pvt. Ltd. ("vendor") due to unsatisfactory work quality, which resulted in a dispute. The vendor disputed
the withholding and filed a complaint with the MSME Facilitation Council, Thane. The Council issued an order on September 29, 2017, directing the company to pay
INR 32.03 lakhs along with other claims.

Subsequently, the company contested the order by filing a suit in the Bombay City Civil Court, Dindoshi, on February 9, 2018. Concurrently, the vendor approached the
Bombay High Court for enforcement of the MSME Facilitation Council's order. The Bombay High Court instructed the company to deposit INR 85.53 lakhs (including
interest) with the court. Subsequently deposited amount was withdrawn by the vendor.

However, following an Order of the Hon'ble Supreme Court of India, Fabtech Technologies International Ltd. (Demerged Company) filed an Arbitration Application,
appointing legal representation. This application is anticipated to be listed and presents a favorable chance for the deposited funds to be refunded.

The management expresses confidence in resolving the matter in its favor and therefore, no provision has been recorded in the company's books.

42 Segment Reporting

In accordance with Ind AS 108 “Operating Segments", segment information has been given in the consolidated Ind AS financial statements, and therefore, no separate
disclosure on segment information is given in these standalone financial statements.

i) Defined Contribution Plan

The Company makes contributions, determined as a specified percentage of employee salaries, in respect of qualifying employees towards Provident Fund and
Pension Fund, which is a defined contribution plan. The company has no obligations other than to make the specified contributions. The contributions are charged to
the Statement of Profit and Loss as they accrue. The only amounts included in the balance sheet are those relating to the prior months contribution that are not due to
be paid until the end of reporting period. The amount recognised as an expense towards contribution to Provident Fund and Pension Fund for the year aggregated to:
INR 57.63 lakhs March 31, 2025
INR 50.00 lakhs March 31, 2024

ii) Defined Benefit Plan
Description of Plans

Retirement Benefit Plans of the Company include Gratuity and Leave Encashment.

Gratuity & Pension

The Company has an obligation towards gratuity, a defined benefit retirement plan covering eligible employees. The plan provides for a lumpsum payment to vested
employees at retirement, death while in employment or on termination of employment of an amount equivalent to 15 days salary payable for each completed year of
service, subject to a payment ceiling of INR 20 lakhs. Vesting occurs upon completion of five years of service. However, the completion of vesting period is not
applicable in the case where termination of employment is due to death or permanent disability. Liabilities with regard to the Gratuity Plan are determined by
actuarial valuation on the reporting date.

H. Investment details of plan assets

The Company has a defined benefit gratuity plan in India (partly funded). The entity's defined benefit gratuity plan is a final salary plan for employees, which requires
contributions to be made to a separately administered fund i.e. Life Insurance Corporation of India.The fund is managed by a trust which is governed by the Board of
Trustees. The Board of Trustees are responsible for the administration of the plan assets and for the definition of the investment strategy.

I. Notes

Gratuity is payable as per entity's scheme as detailed in the report.

Actuarial gains/losses are recognized in the period of occurrence under Other Comprehensive Income (OCI).

All above reported figures of OCI are gross of taxation.

Salary escalation & attrition rate are considered as advised by the entity; they appear to be in line with the industry practice considering promotion and demand &
supply of the employees.

Maturity Analysis of Benefit Payments is undiscounted cashflows considering future salary, attrition & death in respective year for members as mentioned above.
Average Expected Future Service represents Estimated Term of Post - Employment Benefit Obligation.

Weighted Average Duration of the Defined Benefit Obligation is the weighted average of cash flow timing, where weights are derived from the present value of each
cash flow to the total present value.

Any benefit payment and contribution to plan assets is considered to occur end of the year to depict liability and fund movement in the disclosures.

Value of asset provided by the entity is not audited by us and the same is considered as unaudited fair value of plan asset as on the reporting date.

In absence of specific communication as regards contribution by the entity, Expected Contribution in the Next Year is considered as the sum of net liability/assets at
the end of the current year and current service cost for next year, subject to maximum allowable contribution to the Plan Assets over the next year as per the Income
Tax Rules.

J. Qualitative Disclosures

Para 139 (a) Characteristics of defined benefit plan

The entity has a defined benefit gratuity plan in India (funded). The entity's defined benefit gratuity plan is a final salary plan for employees, which requires
contributions to be made to a separately administered fund.

Para 139 (b) Risks associated with defined benefit plan

Gratuity is a defined benefit plan and entity is exposed to the Following Risks:

Interest rate risk: A fall in the discount rate which is linked to the G.Sec. Rate will increase the present value of the liability requiring higher provision. A fall in the
discount rate generally increases the mark to market value of the assets depending on the duration of asset.

Salary Risk: The present value of the defined benefit plan liability is calculated by reference to the future salaries of members. As such, an increase in the salary of the
members more than assumed level will increase the plan's liability.

Investment Risk: The present value of the defined benefit plan liability is calculated using a discount rate which is determined by reference to market yields at the end
of the reporting period on government bonds. If the return on plan asset is below this rate, it will create a plan deficit. Currently, for the plan in India, it has a relatively
balanced mix of investments in government securities, and other debt instruments.

Asset Liability Matching Risk: The plan faces the ALM risk as to the matching cash flow. Since the plan is invested in lines of Rule 101 of Income Tax Rules, 1962, this
generally reduces ALM risk.

Mortality risk: Since the benefits under the plan is not payable for life time and payable till retirement age only, plan does not have any longevity risk.

Concentration Risk: Plan is having a concentration risk as all the assets are invested with the insurance company and a default will wipe out all the assets. Although
probability of this is very low as insurance companies have to follow stringent regulatory guidelines which mitigate risk.

Para 139 (c) Characteristics of defined benefit plans

During the year, there were no plan amendments, curtailments and settlements.

Para 147 (a)

A separate trust fund is created to manage the Gratuity plan and the contributions towards the trust fund is done as guided by rule 103 of Income Tax Rules, 1962.

iii) Other Long Term Benefit Plan

The following table sets out the non funded status of the Privilege Leave benefits and the amounts recognized in the Company's financial statements.

F. Notes

Privilege Leave is payable as per entity's scheme as detailed in the report.

Actuarial Gains/ Losses are accounted for in the period of occurrence in the Statement of Profit or Loss.

Salary escalation & attrition rate are considered as advised by the entity; they appear to be in line with the industry practice considering promotion and demand &
supply of the employees.

During the year, there were no plan amendments, curtailments and settlements.

Any benefit payment and contribution to plan assets is considered to occur end of the year to depict liability and fund movement in the disclosures.

44 Capital Management

The Company⁷ s capital management is intended to create value for shareholders by facilitating the meeting of long term and short term goals of the Company. The
Company determines the amount of capital required on the basis of annual business plan coupled with long term and short term strategic investment and expansion
plans. The funding needs are met through equity, cash generated from operations and long term and short term bank borrowings on need basis, if any. The Company
monitors the capital structure on the basis of gearing ratio i.e. net debt to equity ratio and maturity profile of the overall debt portfolio of the Company. Net debt
includes interest bearing borrowings less cash and cash equivalents.

The fair value of financial instruments as referred to in note above have been classified into three categories depending on the inputs used in the valuation technique. The hierarchy gives the
highest priority to quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and lowest priority to unobservable inputs (Level 3 measurements).

The categories used are as follows:

a) Level 1: Quoted prices for identical instruments in an active market -

This level of hierarchy includes financial assets that are measured by reference to quoted prices (unadjusted) in active markets for identical assets or liabilities. This category consists of
investment in quoted equity shares.

b) Level 2: Directly or indirectly observable market inputs, other than Level 1 inputs -

This level of hierarchy includes financial assets and liabilities, measured using inputs other than the quoted prices included within level 1 that are observables for the asset or liability, either
directly (i.e., as prices) or indirectly (i.e., derived from prices). This level of hierarchy includes Company's derivative contracts.

c) Level 3: Inputs which are not based on observable market data -

This level of hierarchy includes financial assets and liabilities measured using inputs that are not based on observable market data (unobservable inputs). Fair values are determined in whole
or in part, using a valuation model based on assumptions that are neither supported by prices from observable current market transactions in the same instrument nor they are based on
available market data.

46 Financial Risk Management

The Company's principal financial liabilities comprise borrowings, trade and other payables. The main purpose of these financial liabilities is to finance and support Company's operations. The
Company's principal financial assets include trade and other receivables and cash and cash equivalents that derive directly from its operations.

The Company is exposed to market risk, credit risk and liquidity risk. The Company's senior management oversees the management of these risks. The Company's financial risk activities are
governed by appropriate policies and procedures and financial risks are identified, measured and managed in accordance with the Company's policies and risk objectives. The Board of
Directors reviews and agrees policies for managing each of these risks. The risk management framework aims to:

(i) create a stable business planning environment by reducing the impact of currency and interest rate fluctuations on the Company's business plan.

(ii) achieve greater predictability to earnings by determining the financial value of the expected earnings in advance.

I Market risk:

Market risk is the risk of any loss in future earnings, in realisable fair values or in future cash flows that may result from a change in the price of a financial instrument. The value of a financial
instrument may change as a result of changes in interest rates, foreign currency exchange rates, equity price fluctuations, liquidity and other market changes. Future specific market movements
cannot be normally predicted with reasonable accuracy.

a) Market risk - Foreign currency exchange rate risk: The Company enter into sale and purchase transactions denominated in foreign currencies; consequently, exposures to exchange rate
fluctuations arise. Management monitors the movement in foreign currency and the Company's exposure in each of the foreign currency. Based on the analysis and study of movement in
foreign currency, the Company takes remidial measures to hedge foreign currency risk through measures like forward currency contracts etc.

50 The balances in respect of trade receivables and payables and loans and advances, as appearing in the books of accounts are subject to confirmations from the
respective parties and are pending reconciliations / adjustments arising there from, if any. The same is not expected to have any material impact on the financials
statements.

51 As per the contractual terms with customers, company provide warranty to the customer for 18 months from the date of sale or 12 month from the date of
installation whichever is earlier. These warranties are backed by the vendor's warranty on the product. No Provision for Warranty has been created since the
vendor of the company fully covers the product warranty cost pertaining to the material supplied by them for potential future warranty claims.

52

The investment in the equity shares of TSA Process Equipment Pvt. Ltd. ("TSA") till February 06, 2024 was classified as an investment in associate in accordance
with Ind AS 27. The said investment ceases to be an investment in associate from February 06, 2024 as a company decided to dispose off its investment in TSA to
Thermax Limited vide Share Purchase and Share Subscription Agreement dated February 06, 2024. Accordingly, as per Ind AS 105 Non-current Assets Held for
Sale and Discontinued Operations, from the cessation date the investment in TSA has been valued at lower of carrying amount or fair value (net of cost).

53 Events after the Reporting period

The Company's Board of Directors approved the sale of 51% equity interest in its wholly-owned subsidiary i.e FABL International Technologies LLP. The
reconstitution deed reflecting this sale was executed after the reporting date but prior to the approval of these standalone financial statements.

Since the event occurred after the reporting period and does not provide evidence of conditions existing at the reporting date, it is classified as a non-adjusting
event under Ind AS 10 - Events after the Reporting Period. Accordingly, no adjustments have been made to the financial statements for the year ended March 31,
2025, in respect of this event.

If the sale of the 51% stake had been recognized as an adjusting event in the current reporting period, it would have resulted in a gain estimated to INR 90.52
Lakhs from the derecognition of the subsidiary in the standalone financial statements.

54 Other disclosure requirements as per Schedule III

(i) The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami
property.

(ii) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

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

(iv) The Company has not advanced or loaned or invested funds to any other person(s) or entity(is), including foreign entities (Intermediaries) with the
understanding that the Intermediary shall: (a) 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 (b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

The Company has not received any fund from any person(s) or entity(is), including foreign entities (Funding Party) with the understanding (whether
recorded in writing or otherwise) that the Company shall: (a) 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 (b) provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

(v) The Company does not have any transaction which is 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 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.

(vi) The Company is not declared as willful defaulter by any bank or financial institution (as defined under the Companies Act, 2013) or consortium thereof or
other lender in accordance with the guidelines on willful defaulters issued by the Reserve Bank of India.

(vii) The Company has not revalued any of its Property, Plant and Equipment (including Right-of-Use Assets) during the year.

(viii) The Company doesn't have any co-owned properties or the properties (including properties for which the lease agreement executed and disclosed as 'Right-
of-Use Assets' in standalone financial information) title deed of which are held by the others.

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

55 Previous years' figures have been re-grouped/ re-classified wherever necessary, to confirm to current period's classification in order to comply with the
requirements of the amended Schedule III to the Companies Act, 2013.

For Ajmera And Ajmera For and on behalf of the Board of Directors

Chartered Accountants Fabtech Technologies Limited

Firm Registration No.: 018796C CIN: U74999MH2018PLC316357

Sourabh Ajmera Hemant Mohan Anavkar Amjad Adam Arbani

Partner Director Director

Membership No: 166931 DIN: 00150776 DIN: 02718019

UDIN: 25166931BM N PUX8849

Place: Mumbai

Date: 2nd August, 2025

Kalpesh Chauhan Neetu Sunil Buchasia

Chief Financial Officer Company Secretary

Membership No: ACS 61496

Ashwani Singh

Chief Executive Officer

Place: Mumbai
Date: 2nd August, 2025