q) Provisions, contingent liabilities and contingent
assets

A provision is recognised if, as a result of a past event, the
Company has a present legal or constructive obligation
that can be estimated reliably, and it is probable that an
outflow of economic benefits will be required to settle the
obligation. Provisions are determined by discounting the
expected future obligation at pre-tax rate that reflects
current market assessments of the time value of money
risks specific to liability. They are not discounted where
they are assessed as current in nature. Provisions are
not made for future operating losses.

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 with in 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 reliable estimate of the amount cannot be
made. Therefore, in order to determine the amount to be
recognised as a liability or to be disclosed as a contingent
liability, in each case, is inherently subjective, and needs
careful evaluation and judgement to be applied by the
management. In case of provision for litigations, the
judgements involved are with respect to the potential
exposure of each litigation and the likelihood and/or
timing of cash outflows from the Company and requires
interpretation of laws and past legal rulings.

r) Taxation

Income tax comprises current and deferred tax. It is
recognised in Statement of Profit and Loss except to
the extent that it relates to a business combination
or to an item recognised directly in equity or in other
comprehensive income.

i. Current tax

Current income tax assets and/or liabilities
comprise those obligations to, or claims from,
fiscal authorities relating to the current or prior
reporting periods, that are unpaid at the reporting
date. Current tax is payable on taxable profit, which
differs from profit or loss in the financial statements.
Calculation of current tax is based on tax rates and
tax laws that have been enacted or substantively
enacted by the end of the reporting period. Deferred
income taxes are calculated using the liability
method on temporary differences between the
carrying amounts of assets and liabilities and their
tax bases. The amount of current tax reflects the
best estimate of the tax amount expected to be paid
or received after considering the uncertainty, if any,
related to income taxes.

Current tax assets and current tax liabilities are
offset only if there is a legally enforceable right to
set off the recognized amounts, and it is intended
to realise the asset and settle the liability on a net
basis or simultaneously.

ii. 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 corresponding amounts
used for taxation purposes. Deferred tax is also
recognised in respect of carried forward tax
losses and tax credits.

Deferred tax assets are recognised to the extent
that it is probable that future taxable profits will
be available against which they can be used. The

existence of unused tax losses is strong evidence
that future taxable profit may not be available.
Therefore, in case of a history of recent losses,
the Company recognises a deferred tax asset
only to the extent that it has sufficient taxable
temporary differences or there is convincing
other evidence that sufficient taxable profit will be
available against which such deferred tax asset
can be realised.

The Company's ability to recover the deferred tax
assets is assessed by the management at the
close of each financial year which depends upon
the forecasts of the future results and taxable
profits that Company expects to earn within the
period by which such brought forward losses may
be adjusted against the taxable profits as governed
by the Income-tax Act, 1961. Deferred tax assets
- unrecognised or recognised, are reviewed at
each reporting date and are recognised/ reduced
to the extent that it is probable/ no longer
probable respectively that the related tax benefit
will be realised.

Deferred tax is measured at the tax rates that are
expected to apply to the period when the asset is
realised or the liability is settled, based on the laws
that have been enacted or substantively enacted by
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 if there
is a legally enforceable right to offset deferred tax
liabilities and assets, and they relate to income
taxes levied by the same tax authority on the same
taxable entity, or on different tax entities, but they
intend to settle deferred tax liabilities and assets
on a net basis or their tax assets and liabilities will
be realised simultaneously.

s) Segment reporting

Operating segments are reported in a manner
consistent with the internal reporting provided to the
chief operating decision maker. The Company's Board
of Directors assesses the financial performance and

position of the Company, and makes strategic decision.
The Board has been identified as the chief operating
decision maker. The Company's business activity is
organised and managed separately according to the
nature of the products, with each segment representing
a strategic business unit that offers different products
and serves different market. The Company's primary
business segment is reflected based on principal
business activities carried on by the Company. As per
Indian Accounting Standard 108, Operating Segments,
as notified under the Companies (Indian Accounting
Standards) Rules, 2015, the Company operates in one
reportable business segment i.e., manufacturing and
selling of metal components for critical and super
critical applications. The geographical information
analyses the Company's revenue and trade receivables
from such revenue in India and other countries. In
presenting the geographical information, segment
revenue and receivables has been based on the
geographic location of customers. Refer note 45 for
segment information presented.

t) Derivative financial instruments

The Company holds derivative financial instruments
in the form of future contracts to mitigate the risk
of changes in exchange rates on foreign currency
exposure. The counterparty for these contracts are
scheduled commercial banks / regulated brokerage
firms. Although these derivatives constitute hedges from
an economic perspective, they do not qualify for hedge
accounting under Ind AS 109 ‘Financial Instruments'
and consequently are categorized as financial assets
or financial liabilities at fair value through profit or
loss. The resulting exchange gain or loss is included in
other income / expenses and attributable transaction
costs are recognized in the Statement of Profit and
Loss when incurred.

u) Measurement of EBITDA

As permitted by the Guidance Note on the Revised
Schedule VI to the Companies Act, 1956 (now Schedule
III of Companies Act, 2013), the Company has elected to
present earnings before interest, tax, depreciation and
amortisation (EBITDA) as a separate line item on the face
of the statement of profit and loss. In its measurement,
the Company does not include depreciation and
amortisation expense, finance costs and tax expense.

The Company obtains independent valuations for its investment property. The best evidence of fair value is current prices in an active
market for similar properties. Where such information is not available, the Company considers information from a variety of sources
such as current prices in an active market for properties of different nature or recent prices of similar properties in less active
markets, adjusted to reflect those differences.

Fair value is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and
Valuation) Rules, 2017.

These valuations are based on valuations performed by accredited independent valuer. Fair value is based on market value approach.
The fair value measurement is categorised in Level 3 of fair value hierarchy. There has been no restriction on disposal of property or
remittance of income and proceeds of disposal.

b) Terms and rights attached to equity shares

The Company has only one class of equity shares having par value of H 10 per share. Each holder of equity shares is entitled to one
vote per share.

The Company declares and pays dividend in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval
of the shareholders in the ensuing Annual General Meeting.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after
distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Nature and purpose of other reserves:

(a) Capital reserve

Capital reserve was created in respect of proceeds of forfeited shares.

(b) Securities premium

Securities premium reserve is used to record the premium on issue of shares. The reserve is utilised in accordance with the
provisions of the Act.

(c) General reserve

Under the erstwhile Companies Act 1956, general reserve was created through an annual transfer of net income at a specified
percentage in accordance with applicable regulations. Consequent to introduction of Companies Act 2013, the requirement to
mandatorily transfer a specified percentage of the net profit to general reserve has been withdrawn.

(d) Retained earnings

Retained earnings refer to the net profit retained by the company for its core business activities.

(e) Share Based Payment Reserve(SBP)

This reserve has been created to meet the cost of Employee Stock Option Payment(ESOP) scheme.

(f) Share Warrants

Fully convertible warrants allotted to persons belonging to Non-Promoter category convertible into equivalent number of Equity
Shares within a period of 13 months from the date of allotment.

Notes:

1. Term loans from banks carrying interest rate ranging from C.Y. -NA, (P.Y. 9.50% to 10.55% p.a.).

2. Term loans from banks are secured by way of equitable mortgage on pari-passu basis on the land and building of Lucknow Plant

1,AMTC Plant (at village Sarai Shahajadi) and first pari-passu charge on the plant and equipment of the Lucknow Plant 1,AMTC Plant
(at village Sarai Shahajadi) of the Company and second charge ranking pari-passu on the whole of the present and future current
assets of the Company .

3. Further the term loans from banks are secured by way of personal guarantee of Certain Directors of the Company.

4. Vehicle loans carry interest rates ranging from 7.15 % to 9.40 % p.a ( P.Y 8.50% to 9.00% p.a p.a) and are secured by way of absolute

charge on respective assets thus purchased.

5. Refer note 41 for disclosure of fair values in respect of financial liabilities measured at amortised cost and analysis of their
maturity profiles.

Notes:

1. Working capital facilities from banks carry interest rates ranging from 6 % to 9.90 % p.a.(P.Y 6.38% to 10.95% p.a.) and are repayable
on demand.These facilities are secured by way of first charge ranking pari-passu on the whole of the present and future current
assets of the Company and further secured by second charge on equitable mortgage on pari-passu basis on the land and building
of Lucknow Plant 1 and AMTC Plant (at village Sarai Shahajadi) and first second pari-passu charge on plant and equipment of the
Lucknow Plant 1 and AMTC Plant (at village Sarai Shahajadi) of the Company.

2. Further the cash credit facilities and letter of credit facility are secured by way of personal guarantee of Certain Directors
of the Company.

3. Refer note 41 for disclosure of fair values in respect of financial liabilities measured at amortised cost and analysis of their
maturity profiles.

4. The Company has borrowings from banks on the basis of security of current assets and quarterly returns or statements of current
assets filed by the Company with banks are in agreement with the books of accounts.

Cash and cash equivalents, investments, loans, other bank balances, other financial assets, trade receivables, trade payables,
borrowings, other payables and other financial liabilities: approximate their carrying amounts largely due to the short-term
maturities of these instruments.

(iii) Fair value hierarchy:

This section explains the judgments and estimates made in determining the fair values of the financial instruments that are

(a) recognised and measured at fair value and (b) measured at amortised cost and for which fair values are disclosed in the
financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the Company has
classified its financial instruments into the three levels prescribed under the accounting standard. An explanation of each level
follows underneath the table.

Fair values are categorised into different levels in a fair value hierarchy based on the inputs used in the valuation
techniques as follows:

Level 1: This h ierarchy includes financial instruments measured using quoted prices. This includes listed equity instruments
and mutual funds that have quoted price. The fair value of equity instruments which are traded in stock exchanges is valued
using the closing price as at the reporting period. The mutual funds are valued using the closing NAV.

Level 2: This h ierarchy includes financial instruments for which inputs other than quoted prices included in Level 1 that are
observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices) have been used.

Level 3: Th is hierarchy includes financial instruments for which inputs used are not based on observable market data
(unobservable inputs).

There have been no transfers in either direction for the years ended 31 March 2025 and 31 March 2024.

The carrying amounts of short-term trade and other receivables, trade payables, cash and cash equivalents, other bank
balances, other financial liabilities and other financial assets are considered to be the same as their fair values, due to their
short-term nature.

In respect of other long-term financial assets/liabilities stated above as measured at amortised cost, their carrying values are
not considered to be materially different from their fair values.

(B) Financial risk management

In the course of its business, the Company is exposed to various risks in relation to financial instruments. The main types of risks are
credit risk, liquidity risk and market risk. The Company is not engaged in speculative treasury activities but seeks to manage risk and
optimise interest and commodity pricing through proven financial instruments.

The use of any derivative is approved by the management, which provide guidelines on the acceptable levels of interest rate risk,
credit risk, foreign exchange risk and liquidity risk and the range of hedging requirement against these risks.

(i) Credit risk:

Credit risk is the risk that a counter party will not meet its obligations under a financial instrument or customer contract,
leading to financial loss. The Company is exposed to credit risk from trade receivables, cash and cash equivalents, short term
investments, loans and advances and derivative financial instruments.

Trade receivables

The Company primarily sells cast metal components to selected customers comprising mainly in engineering industry in India
and outside India. The Company extends credits to customers in normal course of the business. The Company considers the
factors such as credit track record in the market of each customer and past dealings for extension of credit to the customer. The
Company monitors the payment track record of each customer and outstanding customer receivables are regularly monitored.
The Company evaluates the concentration of risk with respect to trade receivables as low, as its customers are located at
several jurisdiction and industries and operate in large independent markets.

Allowances against doubtful debts are recognised against trade receivables based on estimated irrecoverable amounts determined by
reference to past default experience of the counterparty and an analysis of the counterparty's current financial position. The Company
has a policy of accepting only credit worthy counter parties and defines credit limits for the customer which are reviewed periodically.

The Company does not hold any collateral or other credit enhancements over any of its trade receivables nor does it have a legal
right of offset against any amounts owed by the Company to the counterparty.

Cash and cash equivalents and deposits with bank

The Company considers factors such as track record, size of institution, market reputation and service standard to select the
banks with which deposits are maintained. Generally the balances are maintained with the institutions with which the Company
has also availed borrowings. The Company does not maintain significant deposit balances other than those required for its day
to day operations. The Company considers that its cash and cash equivalents have low credit risk based on the external credit
ratings of the counterparties.

Loans and advances

The Company provides loans to its employees and furnishes security deposits to various parties for electricity, communication,
etc. The Company considers that its loans have low credit risk or negligible risk of default as the parties are well established
entities and have strong capacity to meet the obligations or its own employees from whom the risk of default is low.

Investments

The Company has invested in quoted equity instruments and mutual funds. The management actively monitors the performance
of the funds which affect investments. The Company does not expect the counterparty to fail to meet its obligations, and has not
experienced any significant impairment losses in respect of any of the investments.

Exposure to credit risk

The carrying amount of financial assets represents the maximum credit exposure. The maximum exposure to credit risk at the
reporting date are:

Provision for expected credit losses

(a) Financial assets for which loss allowance is measured using 12 month expected credit losses

The Company has assets where the counter- parties have sufficient capacity to meet the obligations and where the risk of
default is very low. Hence, no impairment loss has been recognised during the reporting periods in respect of these assets.

(b) Financial assets for which loss allowance is measured using life time expected credit losses

The Company has customers with strong capacity to meet the obligations and therefore the risk of default is negligible in
respect of outstanding from customers. Further, management believes that the unimpaired amounts that are past due by
more than 90 days are still collectable in full. However, the Company has recognised allowance for expected credit loss on
the basis of its assessment of the credit loss from the past trend available with the Company.

Liquidity risk reflects the risk that the Company will have insufficient resources to meet its financial liabilities as they fall due.

The Company's objective is to maintain optimum levels of liquidity to meet its cash and collateral requirements. The Company
relies on a mix of borrowings, cash and cash equivalents and the cash flow that is generated from operations to meet its needs
for funds. The current committed lines of credit are sufficient to meet its short to medium term expansion needs. The Company
monitors rolling forecasts of its liquidity requirements to ensure that it has sufficient cash to meet operational needs while
maintaining sufficient headroom on its undrawn committed borrowing facilities so that it does not breach borrowing limits.

As at 31 March 2025, the Company had a working capital of H 49,459.24 lakh including cash and cash equivalents of H 1 5,307.76
lakh. As at 31 March 2024, the Company had a working capital of H 23,576.03 lakh including cash and cash equivalents of H
13,371.58 lakh.

Market risk is the risk that changes in market prices, such as foreign exchange rates and interest rates will affect the Company's
income. The objective of market risk management is to manage and control market risk exposures within acceptable parameters,
while optimising the return.

The Board of Directors is responsible for setting up of policies and procedures to manage market risks of the Company. The
Company exports finished goods which are denominated in the currency other than the functional currency of the Company
which exposes it to foreign currency risk. In order to minimise the risk, the Company executes forward contracts w.r.t sale made
in currency other than functional currency.

(a) Currency risk

The Company is exposed to foreign currency risk on certain transactions that are denominated in a currency other than
entity's functional currency, hence exposure to exchange rate fluctuation arises. The risk is that the functional currency
value of cash flows will vary as a result of movements in exchange rates. Exchange rate exposures are managed within
approved policy parameters utilising foreign exchange forward contracts.

(b) Interest rate risk

The Company is exposed to interest rate risk arising mainly from non-current and current borrowings with floating interest
rates. The Company is exposed to interest rate risk because the cash flows associated with floating rate borrowings will
fluctuate with changes in interest rates.

(c) Price risk

Company's exposure to price risk arises from mutual funds and classified in the balance sheet either as fair value through
OCI or at fair value through profit and loss.

To manage the price risk from quoted investments, the Company diversifies its portfolio. Diversification of the portfolio is
done in accordance with the limits set by the Company.

Sensitivity analysis

Company's major quoted investment consists of investment in mutual funds which are measured at fair value through
profit and loss. Investments made by the mutual fund includes investment in diversified instruments of Companies
included in the market index.

42 Employee benefits

(i) Defined benefit plan

Gratuity

The Company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous
service for a period of 5 years are eligible for gratuity. In case of death while in service, the gratuity is payable irrespective of vesting.
The amount of gratuity payable on retirement/termination is the employees last drawn basic salary per month computed for 15/26
days salary multiplied by the number of years of service. The gratuity plan is a funded plan and the Company makes contribution to
recognised funds in India i.e. Life Insurance Corporation of India and Group Gratuity scheme.

Risk exposure:

(a) Discount rate: A decrease in discount rate in subsequent valuations can increase the plan's liability.

(b) Mortality rate: Actual deaths and disability cases proving lower or higher than assumed in the valuation can impact the liabilities.

(c) Investment risk: In case of funded plans, actual investment return on planned assets lower than the discount rate assumed at
the last valuation date can impact the liability.

(d) Attrition: Actual withdrawals proving higher or lower than assumed withdrawals at subsequent valuations can impact
plan's liability.

(iii) Defined contribution plan

The Company makes fixed contribution towards Employee provident fund and Employee state insurance(ESI) to a defined contribution
retirement benefit plan for qualifying employees. The provident fund plan is operated by the Regional Provident Fund Commissioner
and the Company is required to contribute a specified percentage of payroll cost to the retirement benefit schemes to fund the
benefits. Similarly, the contribution is made in ESI at a specified percentage of payroll cost.

The Company recognised H 136.95 lakh (31 March 2024: H 162.87 lakh) in respect of provident fund contributions and ESI contribution
in the Statement of Profit and Loss and included in ""Employee benefits expense"" in note 34. The contribution payable to these plans
by the Company is at rates specified in the rules of the schemes.

43 Leases

Company as a lessee

The Company has entered into operating leases for its guest houses and employees' residences that are renewable on a periodic basis and
are cancellable at Company's option. Total lease payments recognised in the statement of profit and loss with respect to aforementioned
premises is H 25.40 lakh (31 March 2024: H 25.40 lakh)

A The total rent expense amount recognised in profit or loss for the year ended 31 March 2025 was H 25.40 lakh (31 March 2024: H 25.40
lakh), pertains to the short term leases.

B Total cash outflow for leases for the year ended 31 March 2025 was H 25.40 lakh (31 March 2024: H 25.40 lakh) .

C The Company does not have any liability to make variable lease payments.

D The Company has not sublet any of the assets.

E The Company has not entered into any sale and leaseback transactions

F The Company does not have any ROU Assets in the books as on 31 March 2025 as well as 31 March 2024.

Company as a lessor

The Company has entered into operating leases for part of its premises at Plant 1 and AMTC plant, Lucknow; that is renewable and is
cancellable at either party's option. Total lease receipts recognised in the statement of profit and loss with respect to aforementioned
premises is H 114.20 lakhs (31 March 2024: H 111.30 lakhs).

Note-*

1- Mr. Ashok Kumar Shukla has been resigned w.e.f. September 01, 2024 due to personal reason.

2 - During the year, Mr. Ajay Kashyap, and Mr. Krishna Das Gupta, retired upon completing their second term effective from 1st day
of October 2024

3 - Mr. Brij Lal Gupta retired upon completing their second terms effective from 23rd January 2025.

4 - To maintain an effective balance of Executive Directors, Non-Executive Directors, and Independent Directors, Mr. Kamesh Gupta
and Mr. Rakesh Shukla have been appointed as Independent Directors with the effect from 1st day of October 2024 and February 20,
2025 respectively.

5 - Additionally, Mr. Vishal Mehrotra has been re-appointed as an Independent Director after completing his first term.

48 Revenue from Contracts with Customers

Indian Accounting Standard 115 Revenue from Contracts with Customers ("Ind AS 115"), establishes a framework for determining whether,
how much and when revenue is recognised and requires disclosures about the nature, amount, timing and uncertainty of revenues and
cash flows arising from customer contracts. Under Ind AS 115, revenue is recognised through a 5-step approach:

i) Identify the contract(s) with customer;

ii) Identify separate performance obligations in the contract;

iii) Determine the transaction price;

iv) Allocate the transaction price to the performance obligations; and

v) Recognise revenue when a performance obligation is satisfied

50 Share based payments
(a) Scheme details

During the financial year 2021-22, the Company had adopted ‘PTC Employees Stock Option Scheme 2019 (‘Plan') in shareholders
Annual General Meeting on September 28, 2019, and obtained an in-principal approval from BSE limited on 7 September 2021 for
1,57,1 70 Equity shares of Rs. 10/- each. The Compensation Committee (Nomination & Remuneration Committee) at its meeting held
on September 1 5, 2021, had approved grant of 10,965 Stock Options (convertible into 10,965 Equity shares of the Company, upon
exercise) (Tranche-1) to certain Eligible Employees in terms of the Plan. Vesting will be made in maximum of four years (FY 2023 to
FY 2026), after the statutory period of one year from the date of grant of option.

During the financial year 2022-23, the Compensation Committee (Nomination & Remuneration Committee) at its meeting held on 11
June 2022 had approved grant of 2,255 (convertible into 2,255 Equity shares of the Company, upon exercise) (Tranche-2) to certain
Eligible Employees in pursuance of the ESOS Plan.

On 30 August 2022, The Compensation Committee (Nomination & Remuneration Committee) at its meeting had approved the
adjustment in the plan, pursuant to the right issue of 78,58,594 fully paid-up equity shares of the face value of H 10 each ("rights
equity shares") of Company for cash at a price of H 10/- per rights equity share aggregating up to H 785.86 lakh on a rights basis to
the eligible equity shareholders of Company in the ratio of 3 rights equity shares for every 2 fully paid-up equity shares held by the
eligible equity shareholders of Company on the record date, that is, on July 22, 2022, in the following manner:

(c) Fair value on the grant date

The fair value at grant date is determined using "Black Scholes Pricing Model" which takes into account the exercise price, term of
the option, share price at grant date and expected price volatility of the underlying shares, expected dividend yield and the risk free
interest rate for the term of the option. The following inputs were used to determine the fair value for options granted on September
15,2021, on June 1 1, 2022 and on August 30, 2022.

51 (a) The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources

or kind 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 funds from any persons 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 on behalf of the Ultimate Beneficiaries.

52 The Company has raised Rs.69,999.99 lakhs from allotment of 5,30,315 equity shares of face value Rs. 10 each at a price of Rs.
13,199.70 per Equity Share, including a premium of Rs. 13,189.70 per equity share on 03 September 2024 to qualified institutional
buyers persuant to Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulations, 2018, as amended, Section 42 and Section 62 and other applicable provisions of the Companies Act, 2013, read with
Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 made thereunder, as amended ("Companies Act"),
the special resolution of the shareholders of the Company passed on August 08, 2024 authorizing the issue of Equity Shares and the
placement agreement dated September 02, 2024.

53 During the year ended 31 March 2025, the holding company has completed the acquisition of Trac Holdings Limited ("THL"") on 19
December 2024 for consideration of Rs.17,495.1 1 lakhs together with its three subsidiary companies, namely Broomco Limited,
Trac Group Limited and Trac Precision Solutions Limited. Pursuant to the completion of the acquisition, THL has become a wholly
owned foreign subsidiary and its subsidiaries have become step-down wholly owned foreian subsidiaries of the holding company.
Consequently, the financial statements for these subsidiaries have been consolidated with effect from 19 December 2024.

54 The Company does not have any charges which are yet to be registered with the Registrar of Companies beyond the statutory period.
In some cases, the Company has fully repaid the borrowings in respect of which the Company is in the process of preparation and
submission of necessary forms for satisfaction of such charges and expects to complete the process in due course.

55 The Company has not revalued any property, plant and equipment and intangible assets during the year ended 31 March 2025

and 31 March 2024.

56 There were no amounts which are required to be transferred to the Investor Education and Protection Fund by the Company during
the year ended 31 March 2025 and 31 March 2024.

57 The Company did not enter into any transactions which are not recorded in the books of accounts and has been surrendered or

disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 during the year ended 31 March 2025

and 31 March 2024.

58 The Company has not traded or invested in Crypto currency or Virtual currency anytime during the year ended 31 March 2025
and 31 March 2024.

59 The company does not have any transaction/balances with struck off companies during the year ended 31 March 2025
and 31 March 2024.

60 The Company is in compliance with the number of layers prescribed under clause (87) of section 2 of the Companies Act read with the
Companies ( Restriction on number of Layers) Rules, 2017.

61 The Company has not been declared as a wilful defaulter by any bank or financial institution or other lender in the year ended 31
March 2025 and 31 March 2024.

62 The Company maintains the books of account electronically and it's back-up on a server located in India. These data are accessible in
India at all times.

63 The Company has used an accounting software for maintaining its books of account for the financial year ended 31 March 2025, which
have 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.

64 Previous year figures have been re-grouped / re-classified wherever necessary, to conform to current period's classification
and disclosure.

For S.N. Dhawan & CO LLP For and on behalf of the Board of Directors of

Chartered Accountants PTC Industries Limited

(Firm Registration No. 000050N/N500045)

Rajeev Kumar Saxena Sachin Agarwal Alok Agarwal

Partner Chairman and Managing Director Director (Quality & Technical)

Membership No. 077974 DIN No. : 00142885 DIN No. : 00129260

Smita Agarwal Pragati Gupta Agarwal

Director and Chief Financial Officer Company Secretary

DIN No. : 00276903 Mem. No.: ACS61754

Place: Lucknow Place: Lucknow

Date: 30 May 2025 Date: 30 May 2025