2.11 Provisions and contingencies

A provision is recognised when the Company has a present obligation as a result of past events and it
is probable that an outflow of resources will be required to settle the obligation in respect of which a
reliable estimate can be made. Provisions (excluding retirement benefits) are not discounted to their
present value and are determined based on the best estimate required to settle the obligation at the balance
sheet date. These are reviewed at each balance sheet date and adjusted to reflect the current best estimates.
Contingent liabilities are disclosed in the Notes. Contingent assets are not recognised in the financial
statements.

2.12 Operating cycle

Based on the nature of products / activities of the Company and the normal time between acquisition
of assets and their realisation in cash or cash equivalents, the Company has determined its operating cycle
as 12 months for the purpose of classification of its assets and liabilities as current and non-current.

34 Reporting under AS 15: Employee Benefits

(a) Defined contribution plans:

For the period ended March 31,2025

The company makes provident fund and employee state insurance scheme contributions which are defined contribution plans, for qualifying employees.
Under the schemes, the company is required to contribute a specified percentage of the payroll costs to fund the benefits. The company recognised Rs.
60.47 (March 31,2024 Rs. 63.54) for provident fund contributions and employee state insurance scheme contributions in the statement of profit and loss.
The contributions payable to these plans by the company are at rates specified in the rules of the schemes.

For the year ended March 31,2024

The company makes provident fund and employee state insurance scheme contributions which are defined contribution plans, for qualifying employees.
Under the schemes, the company is required to contribute a specified percentage of the payroll costs to fund the benefits. The company recognised Rs.
63.54 (March 31,2023 Rs. 60.82 ) for provident fund contributions and employee state insurance scheme contributions in the statement of profit and loss.

The contributions payable to these plans by the company are at rates specified in the rules of the schemes.

(b) Defined benefit plans:

The Company has a defined benefit gratuity plan. Every employee who has completed five periods or more of service gets a gratuity on departure at 15
days salary (last drawn salary) for each completed period of service. The scheme of gratuity is funded.

The following tables summarize the components of net benefit expense recognized in the statement of profit and loss and the funded status and amounts
recognized in the balance sheet for the respective plan.

37 Corporate Social Responsibility

The company has made proper compliances of section 135 of Companies Act'2013 of by incurring CSR expense of Rs. 32(in lacs) before the end of the
financial year.

38 Details of Benami property held (If any proceedings have been initiated during the FY under Benami property Act)

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

39 Relationship with Struck off companies

The company has no relationship or transaction with any companies which are struck off pursuant to provision of section 248 of the Companies Act, 2013

40 Disclosure relating to statements-Applkable if sanctioned CC limit is above Rs.5 Cr

Less Stock has been dislosed in the stock statement as compares to Books of Account

41 Details of Undisclosed Income

The company has not surrendered or disclosed any unrecorded income in any tax assessments under the Income Tax Act, 1961 during the financial year.

42 Wilful Defaulter

The Company has not been declared as a wilful defaulter by any bank or financial institution during the financial year.

43 End Use of borrowings

The company has deployed borrowed funds from Banks and Financial institutions for the purpose against which the funds was so borrowed.

44 Registration of Charges or Satisfaction with Registrar of Companies

Company is in the process of filing satisfaction of charge with ROC for part loan repaid for SBI and SIDBI and for modification of charge for increase in
loan with Candi Solar Pvt Ltd.

45 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.

46 Investment in Crypto Currency

The company has not traded or invested in crypto currency or virtual currency during the financial year._

48 The company does not have any property whose title deeds are not held in the name of the company.

49 Company does not have any Investment Property, so there cannot be any revaluation of the same during the Finanical year ended March 31,2025.

50 Company has not revalued its Property, Plant and Equipment during the Finanical year ended March 31,2025.

51 Company has not revalued its Intangible assets during the Finanical year ended March 31,2025.

52 The company has no Intangible asset under development during the Finanical year ended March 31,2025.

53 Previous year figures have been reclassified and regrouped wherever considered necessary to make them comparable with the current year's figures.

54 Company has maintained Edit log as required under companies act however few backdated entries has been rectified as and when required for true and fair view of
accounts.

As per our report of even date attached For and on behalf of the Board of Atmastco Limited

For, AC Surana & Co
Chartered Accountants
FRN. 010781C

so/- s<y-

SUBRAMANIAM VENKATARAMAN

SWAMINATHAN IYER GANESAN

Sd/- Managing Director Director & CFO

CA Arvind Chand Surana DIN: 01243936 DIN: 00892697

(Partner)

Membership No: 065792

UDIN: 25077783BMOBDN2229 Sd/-

Place: Bhilai Rajendra Biswal

Company Secretary

_M.No.- A76448_