K) Provisions and contingent liabilities
Provisions are recognised only when there is a present obligation (legal or constructive), as a
result of past events and when a reliable estimate of the amount of obligation can be made
at the reporting date. Provisions are determined based on management estimates required
to settle the obligation at the balance sheet date, supplemented by experience of similar
transactions. These estimates are reviewed at each reporting date and adjusted to reflect the
current best estimates. Provisions are discounted to their present values, where the time value
of money is material. Contingent liability is disclosed for:
• Possible obligations which will be confirmed only by future events not wholly within the
control of the Company or
• Present obligations arising from past events where it is not probable that an outflow of
resources will be required to settle the obligation or a reliable estimate of the amount of
the obligation cannot be made.
Contingent assets are neither recognised nor disclosed except when realisation of income
is virtually certain, related asset is disclosed.
L) Impairment
Impairment of non-financial assets
At each reporting date, the Company assesses whether there is any indication based on
internal/external factors, that an asset may be impaired. If any such indication exists, the
recoverable amount of the asset or the cash generating unit is estimated. If such recoverable
amount of the asset or cash generating unit to which the asset belongs is less than its carrying
amount. The carrying amount is reduced to its recoverable amount and the reduction is treated
as an impairment loss and is recognised in the statement of profit and loss. If, at the reporting
date, there is an indication that a previously assessed impairment loss no longer exists, the
recoverable amount is re-assessed and the asset is reflected at the recoverable amount.
Impairment losses previously recognised are accordingly reversed in the statement of profit
and loss.
Impairment of financial assets
In accordance with Ind AS 109, the Company applies expected credit loss (ECL) model for
measurement and recognition of impairment loss for financial assets.
ECL is the weighted-average of difference between all contractual cash flows that are due to
the Company in accordance with the contract and all the cash flows that the Company expects
to receive, discounted at the original effective interest rate, with the respective risks of default
occurring as the weights. When estimating the cash flows, the Company is required to consider:
All contractual terms of the financial assets (including prepayment and extension) over the
expected life of the assets; and;
Cash flows from the sale of collateral held or other credit enhancements that are integral to
the contractual terms.
Other financial assets
In respect of its other financial assets, the Company assesses if the credit risk on those financial
assets has increased significantly since initial recognition. If the credit risk has not increased
significantly since initial recognition, the Company measures the loss allowance at an amount
equal to 12-month expected credit losses, else at an amount equal to the lifetime expected
credit losses.
M) Operating segment
The Company has only one business, being trading in financial instruments. The operations of
the Company are in India and accordingly, there are no reportable geographical segments as
per Ind AS 108 "Operating Segments".
N) Dividends
Being appropriately authorized and no longer at the discretion of the entity, provision is made
for the amount of any dividend declared, on or before the end of the reporting period but not
distributed at the end of the reporting period.
Final dividend is recorded as liability on the date of approval by shareholders in their general
meeting. Interim dividend is declared as liability on the date of declaration by Board of
Directors.
O) Events after reporting date
Where events occurring after the Balance Sheet date 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 Balance Sheet date of material size or nature
are only disclose.
P) Recent accounting pronouncements
New and amended standards
The Ministry of Corporate Affairs notified new standards or amendment to existing standards
under Companies (Indian Accounting Standards) Rules as issued from time to time.
The Company applied following amendments for the first-time during the current year which
are effective from 01-April-2025:
(i) Classification of liabilities as current or non-current and non-current liabilities with
covenants -amendments to Ind AS 1
MCA via notification dated 13-August-2025 announced amendments to Ind AS 1,
Presentation of Financial Statements, which elaborate on guidance set out in Ind AS 1 by
- clarifying that the right to defer settlement of a liability for at least 12 months after
the reporting period;
a) must have substance, and b) must exist at the end of the reporting period;
- stating that management's expectations around whether the settlement of a liability
would be deferred or not, does not impact the classification of the liability;
- including requirements for liabilities that can be settled using an entity's own
instruments; and
- stating that at the reporting date, the entity does not consider covenants that will
need to be complied with in the future when considering the classification of the
debt as current or non-current.
In addition, an entity is required to disclose when a liability arising from a loan
agreement is classified as non-current and the entity's right to defer settlement is
contingent on compliance with future covenants within twelve months.
The amendments has no impact on the classification of the Company's liabilities as
on the balance sheet date.
(ii) Supplier finance arrangements - amendments to Ind AS 7 and Ind AS 107
MCA via notification dated 13-August-2025 announced amendments to Ind AS 7, Statement
of Cash Flows and Ind AS 107, Financial Instruments: Disclosures which introduced
disclosure requirements with the objective to enable users of financial statements to
assess how supplier finance arrangements affect an entity's liabilities, cashflows and
exposure to liquidity risk.
The amendments has no impact on the Company's standalone financial statements.
(iii) International tax reform - pillar two model rules - amendments to Ind AS 12
MCA via notification dated 13-August-2025 announced amendments to Ind AS 12,
Income Taxes, which includes: - a temporary exception to the recognition and disclosure
of deferred taxes arising from the implementation of the Pillar Two model rules; and -
additional disclosure requirements targeted at a reporting entity's exposure to income
taxes in periods in which the Pillar Two Model legislation is enacted or substantively
enacted but not yet in effect.
The amendments has no impact on the Company's standalone financial statements.
(iv) Lack of exchangeability - Amendments to Ind AS 21
MCA via notification dated 07-May-2025, announced amendments to Ind AS 21, The
Effects of Changes in Foreign Exchange Rates, to specify how an entity should assess
whether a currency is exchangeable and how it should determine a spot exchange rate
when exchangeability is lacking. The amendments also require disclosure of information
that enables users of its financial statements to understand how the currency not being
exchangeable into the other currency affects, or is expected to affect, the entity's financial
performance, financial position and cash flows. The amendments has no impact on the
Company's standalone financial statements.
New and amended standards which are issued but are not yet effective.
The Ministry of Corporate Affairs notified new standards or amendment to existing
standards under Companies (Indian Accounting Standards) Rules as issued but not yet
effective from time to time.
(i) Classification of liabilities as current or non-current and non-current liabilities with
covenants-amendments to Ind AS 1
Paragraph 74 of Ind AS 1 currently effective for the year ended 31-March-2026
requires the entity not to classify the liability as current, if there is a breach of a
material covenant of a long-term loan arrangement on or before the end of the
reporting period with the effect that the liability becomes payable on demand on
the reporting date, however, the lender agreed, after the reporting period and before
the approval of the financial statements for issue, not to demand payment as a
consequence of the breach.
MCA vide notification dated 13-August-2025, has introduced amendment under
Paragraph 74 of Ind AS 1 which requires the entity to classify the liability as current
under the aforementioned situation because, at the end of the reporting period,
it does not have the right to defer its settlement for at least twelve months after
that date. Such amendment has been made effective for annual reporting periods
beginning on or after 01-April-2026 retrospectively in accordance with Ind AS. This
amendment is not expected to have a material impact on the standalone financial
statements.
20.1 Increase in authorised share capital
(i) During the year, the authorised share capital of the Company was increased from Rs. 350 lakh, comprising 1,65,00,000 equity shares of Rs, V
each and 20,000 redeemable cumulative preference shares of Rs. 100/- each, to Rs. 3,000 lakh, comprising 14,90,00,000 equity shares of Rs. 2/-
each and 20,000 redeemable cumulative preference shares of Rs. 100/- each. Subsequently, pursuant to the sub-division of equity shares from
Rs. 2/- each to Rs. 1/- each, the authorised share capital as at 31-March-2026 comprises 29,80,00,000 equity shares of Rs. 1/- each and 20,000
redeemable cumulative preference shares of Rs. 100/- each. The increase in Authorised Share Capital and the corresponding amendment to the
Memorandum of Association were effected in accordance with the relevant provisions of the Companies Act, 2013, read with the relevant rules
framed thereunder and the Articles of Association of the Company.
20.2 Sub-division and bonus issue of equity shares
During the year, The Board of Directors of the Company, at its meeting held on 03-July-2025, approved the sub-division of each equity share
having a face value of Rs. 21- each into two equity shares having a face value of Rs. 1/- each, fully paid-up, with effect from the record date of
18-Augu5t-2025. The sub-division was approved by the equity shareholders of the Company through postal ballot on 03-August-2025. Consequent
to the sub-division, each equity share of face value of Rs. 2/- each outstanding immediately prior to the sub division was converted into two
equity shares of face value of Rs. 1/- each, without any change in the amount of paid-up equity share capital.
Further, the Board of Directors, at its meeting held on 03-July-2025, approved the issue of bonus equity shares in the ratio of 8:1, i.e., 8 (eight)
fully paid-up equity shares of Rs. 1/- each for every 1 (one) existing fully paid-up equity share of Rs. 1/- each held by the shareholders as on
the record date of 18-August-2025. The approval of the equity shareholders was obtained through postal ballot on 03-August-2025. Pursuant to
the above, the Company allotted 24,98,63,136 fully paid-up bonus equity shares of Rs. 1/- each on 19-August-2025 by capitalisation of the
Company's free reserves.
Accordingly, the number of issued, subscribed and paid-up equity shares increased from 1,56,16,446 equity shares of Rs. 2/- each as at 31-
March-2025 to 28,10,96,028 equity shares of Rs, 1/- each as at 31-March-2026,
(a) During the previous year, 65,-47,314 equity shares of face value of Rs. 2 each were allotted to eligible shareholders of Algoquant Investments
Private Limited ("AlPL") and Growth Securities Private Lmited Limited ("GSPL") as on the record date as approved by the Board, pursuant to
the business combination.
(b) During the previous year, -41,72,350 equity shares of face value Rs. 2 each held by Algoquant Investments Private Limited ("AlPL”) were
cancelled pusuant to the business combination.
(c) During the previous year, 52,05,482 bonus shares of face value Rs. 2 each were issued to the shareholders of the Company in the ratio of 1:2
i.e one share for every two shares held, on 08-January-2025 pusuant to the business combination.
20.4 Terms/rights attached to equity shares:
The Company has one class of equity shares having a par value of Rs. 1 each (previous year Rs. 21. Each holder of equity shares is entitled to
one vote per share. The dividend, if any, proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing
Annual General Meeting, except in case of Interim dividend.
In the event of liquidation of the Company, the equity shareholders are eligible 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 by the shareholders.
The shareholders have all other rights as available to equity shareholders as per provisions of the Companies Act, 2013 read together with the
Memorandum and Articles of Association of the Company, as applicable.
D) Terms and conditions of transaction with related parties:
i) Remuneration to key managerial personnel
The amounts disclosed are the amounts recognised as an expensed during the financial year related to KMP which includes short-term
benefits. The amounts do not include expense, if any, recognised toward post-employment benefits and other long-term benefits of
key managerial personnel. Such expenses are measured based on an actuarial valuation done for each Company as a whole. Hence,
amounts attributable to KMPs are not separately determinable.
ii) Rent expenses (excluding GST)
The Company has taken certain office premises on lease for its business operations. The lease agreements require the Company to pay
fixed lease rentals on a monthly basis. The Company and the lessors mutually negotiate and agree upon the lease terms, with such
rentals benchmarked to prevailing market rates at similar premises. The above lease agreement with related parties does not contain
any escalation clauses, are short term in nature and renewable at the end of lease term.
iii) Reimbursement of expenses incurred by Director on behalf of the Company
In case the director make certain payment like online payment of taxes etc. on behalf of the Company then the same is paid to the
director as reimbursement. The amount payable are unsecured and interest free.
iv) Reimbursement of expenses incurred by Holding Entity
In case the holding entity has make certain payment on behalf of the Company then the same is payable to the holding entity as
reimbursement. The amount payable and interest free.
v) Reimbursement of expense incurred on behalf of Subsidiary
In case the Company make certain payment on behalf of the subsidiary then the same is received from the subsidiary as
reimbursement. The amount receivable are unsecured and interest free.
vi) Director's sitting fee
All the non executive directors were paid sitting fees for attending the meetings of the Board and Committees constituted by the
Board. Apart from above, there are no other pecuniary relationship or transactions between any non-executive directors and the
Company during the year. The amounts disclosed are the amounts recognised as an expense during the financial year.
vii) Brokerage income (excluding GST)
The Company collects brokerage from related parties on the same terms as applicable to third parties in an arm’s length transaction
and in ordinary course of business.
viii) Connectivity fees (exclusive of GST)
The Company collects connectivity charges from related parties on the same terms as applicable to third parties in an arm’s length
transaction and in ordinary course of business.
ix) Loan given and interest income received
The loan (and interest thereon) Is unsecured and repayable within 15 days from the end of last day of 11 calendar months from
disbursement. The loan carries an interest of 10% (previous year 10%) per annum. The Company can pre-pay principal and/or interest
without any charges or penalties. The loans have been utilized by the related parties their business purposes.
x) Borrowings and interest expense
The borrowings (and interest thereon I is unsecured and repayable within 15 days from the end of last day of 11 calendar months from
disbursement. The loan carries an interest of 10% per annum. The Company can pre-pay principal and/or interest without any charges
or penalties. The borrowings have been utilized by the Company for their business purposes.
xi) Investment in subsidiary
The investments have been made to support the business operations and long-term growth strategies of the subsidiaries. During the
current financial year, the Company made investments in two new subsidiaries: Algoquant Global Securities Private Limited (as a
wholly-owned subsidiary) and AQ Capital Services Private Limited (holding 75% of its paid-up capital).
xii) The transactions with related parties are made on the terms equivalent to those that prevail in arm’s length transactions. Outstanding
balances at the year-end are unsecured, interest free and settlement occurs by Cheque/ RTGS.
B) Defined benefit obligations
Disclosures pursuant to Ind AS-19 “Employee Benefits" (specified under section 133 of the Companies Act, 2013, read with Rule 7 of
Companies (Accounts) Rules, 2015) are given below :
Gratuity payable to employees
The Company has a defined benefit gratuity plan. Gratuity is payable to all eligible employees of the Company on retirement or
separation from the Company after completion of five years of service with the Company and the maximum limit is Rs. 20 Lakh.
The Company provides for gratuity benefits to its employees through an unfunded defined benefit plan. The Company’s obligation
towards gratuity is determined based on an actuarial valuation carried out as at the Balance Sheet date using the Projected Unit Credit
Method. The service cost and net interest cost are recognised in the Statement of Profit and Loss, while actuarial gains and losses are
recognised in Other Comprehensive Income, in accordance with the applicable accounting requirements. Linder the plan, the
settlement obligation remains with the Company.
Discount rate
Discount rate for this valuation is based on government bonds having similar term to duration of liabilities. Due to lack of a deep and
secondary bond market in India, government bond yields are used to arrive at the discount rate.
Mortality/disability
If the actual mortality rate in the future turns out to be more or less than expected then it may result in increase/decrease in the
liability.
Employee turnover/withdrawal rate
If the actual withdrawal rate in the future turns out to be more or less than expected then it may result in increase/decrease in the
Liability.
Salary escalation rate
More or less than expected increase in the future salary levels may result in increase/decrease in the liability.
Valuations are based on certain assumptions, which are dynamic in nature and vary over time. As such Company is exposed to various
risks as follow:
a) Salary increases - actual salary increases will increase the plan's liability. Increase in salary increase rate assumption in future
valuations will also increase the liability.
b) Investment risk - as the plan is not funded, there is no investment risk
c) Discount rate : reduction in discount rate in subsequent valuations can increase the plan’s liability.
d) Mortality a disability - actual deaths 6 disability cases proving lower or higher than assumed in the valuation can impact the
liabilities.
e) Withdrawals actual withdrawals proving higher or lower than assumed withdrawals and change of withdrawal rates at subsequent
valuations can impact Plan’s liability.
f) Leaves are encased at the end of the year and not carried forwarded.
g) Post employment benefits are determined by an Independent Actuary on overall basis and hence have not been separately provided
for key management personnel.
38 Leases
Information about lease
The Company has taken office premises at certain locations on operating lease. The agreements are executed for a period ranging from
24 months to 120 months. The changes in the carrying value of right of use assets for the year ended 3l-March-2026 and 31-March-2025
has been disclosed in Note 11(b). The aggregate depreciation expense on right of use assets is included under depreciation and
amortisation expense in the statement of Profit and Loss.
Right-of-use assets and leases liabilities
(i) Right of use assets: The Company lease assets primarly consists of:
(a) Leasehold building representing the property taken on lease for office having lease term between 2 to 9 years.
(b) The Company also has certain lease with lease term of 12 months or less and low value leases, The Company has applied the short¬
term and low value recognition exemption of these leases.
(c) The Companies obligation under its lease are secured by the lessors title to the lease assets.
(ii) The weighted average incremental borrowing rate applied to lease liabilities as at 31-March-2026 is 10.00SS (31-March-2025 10.00%).
(B) Fair value hierarchy
Some of the Company's assets and liabilities are measured at fair value for financial reporting purpose. Fair value is the price that
would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the
measurement date regardless of whether that price is directly observable or estimated using another valuation technique. Financial
assets and financial liabilities measured at fair value in the financial statements are grouped into three levels of a fair value hierarchy
under Ind AS categorised into Level 1, 2, or 3 based on the degree to which the inputs to the fair value measurement are observable
and the significance of the inputs to the fair value measurement in its entirety, which are described as follows:
Level 1Ý Quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as
prices) or indirectly (i.e. derived from prices).
Level 3 Ý Inputs for the assets or liabilities that are not based on observable market data (unobservable inputs).
Valuation techniques used to determine fair value specific valuation techniques used to value financial instruments includes investment
in equity investment vatued at quoted closing price on stock exchange I other basis based on materiality.
40 Financial risk management objectives and policies
Risk Management
The Company has a system-based approach to risk management, anchored to policies and procedures and internal financial controls
aimed at ensuring early identification, evaluation and management of key financial risks (such as market risk, credit risk and liquidity
risk) that may arise as a consequence of its investing and financing activities. Accordingly, the Company’s risk management framework
has the objective of ensuring that such risks are managed within acceptable and approved risk parameters in a disciplined and
consistent manner and in compliance with applicable regulation. It also seeks to drive accountability in this regard.
Financial risk management
Financial Risk Evaluation and Management is an ongoing process within the Company. The Company has a system based risk
management framework to identify, monitor, mitigate and minimise risks arising from financial instruments. The Company is exposed
to market, credit and liquidity risks. The Board of Directors (‘Board’) oversee the management of these risks through its Risk
Management Policy. The Company’s Risk Management Policy has been formulated and approved by the Board. The Policy articulates on
the Company’s approach to address uncertainties in its endeavour to achieve its stated and implicit objectives. It also prescribes the
roles and responsibilities of the Company’s management, the structure for managing risks and the framework for risk management. The
framework seeks to identify, assess and mitigate risks in order to minimise potential adverse effects on the Company’s financial
performance. All derivative activities for risk management purposes are carried out by specialist teams that have the appropriate skills,
experience and supervision. The Board of Directors reviews and agrees on policies for managing each of these risks, which are
summarised beLow. This note explains the sources of risk which the entity is exposed to and how the entity manages the risk.
(A) Market risk
Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market
prices. Market risk comprises following types of risk: interest rate risk and currency risk. Financial instruments affected by market risk
include borrowings.
(i> Interest rate risk
Interest rate risk is the risk that the future cash flows of a financial instrument will fluctuate because of changes in market interest
rates.
The Company's borrowings are at fixed rates of interest. Accordingly, the Company is not exposed to significant cash flow interest rate
risk arising from changes in market interest rates.
Since there are no significant variable-rate financial instruments outstanding as at the reporting date, a sensitivity analysis for interest
rate risk has not been presented.
(ii) Foreign currency risk
Foreign currency risk is the risk that the fair vaLue for future cash flows of a financial instrument will fluctuate because of changes in
foreign exchange rates. As at each reporting date, the Company does not have exposure in foreign currency, therefore it is not exposed
to currency risk.
(ii) Price risk
The Company holds investments and measures them at fair value through Profit and Loss. The fair value of investments of such equity
instruments (FVTPL) as at 31-March-2026 is Rs. 5,359.55 lakh (previous year - Rs.3,080.63 lakh). Accordingly, fair value fluctuations
arising from market volatility is recognised in statement of Profit and Loss. The sensitivity analysis has been presented as below:
44 Other statutory information
(a) Additional regulatory information required under (WB) (xiv) of Division III of Schedule III
amendment, disclosure of ratios, is not applicable to the company for current and previous
financial year as it is in broking business and not an NBFC registered under section 45-IA of
Reserve Bank of India Act, 1934.
(b) During the year ended 31-March-2026, there were no charges or satisfaction yet to be
registered with Registrar of companies beyond the statutory period.
(c) During the year ended 31-March-2026, the Company did not have any transactions which had
not been recorded in the books of account that had been surrendered or disclosed as income
during the current and previous 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).
(d) The Company does not hold any benami property and no proceedings have 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 during the year ended
31-March-2026.
(e) The Company has not traded or invested in crypto currency or virtual currency during the year
ended 31-March-2026.
(f) During the year ended 31-March-2026, the Company is not declared wilful defaulter by any
bank or financial institution or other lender.
(g) During the year ended 31-March-2026, the Company has not advanced or loaned or invested
funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the
understanding that the Intermediary shall 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 provide any guarantee, security or the like to or on behalf of the Ultimate
Beneficiaries.
(h) During the year ended 31-March-2026 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 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 provide any guarantee, security or the like to or
on behalf of the Ultimate Beneficiaries.
(i) During the current and previous year the Company has complied with the requirements of
the number of layers prescribed under Section 2(87) of the Companies Act, 2013 read with
Companies (Restriction on number of Layers) Rules, 2017.
(j) During the current and previous year the Company has no transactions with the companies
struck off under section 248 of Companies Act, 2013.
45 Labour code
"On 21-November-2025, the Central Government issued four separate notifications in the Official
Gazette announcing implementation of four Labour Codes, viz., the Code on Wages, 2019, the
Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety,
Health and Working Conditions Code, 2020. These four codes replace and consolidate 29 existing
labour laws. Following the implementation of the four labour codes, the Central Government has
pre-published the draft rules on 31-December-2025 under the respective Labour Codes, for public
comment and the final rules are expected to be notified in due course.
The four codes prescribe an inclusive definition of the term 'wages', which among other matters
is relevant for determination of post-employment benefits including gratuity to all employees.
In accordance with the definition, certain specified items forming part of remuneration are not
included in the wages and these excluded items cannot exceed 50% of total remuneration. If
there is an excess, then it is presumed that excess amount also forms part of wages. The four codes
also introduce changes related to leave entitlement and encashment for workers. Going forward,
workers' leave balance in excess of 30 days will be encashed at the end of each calendar year and
workers will have a right to demand encashment for entire leave.
The Company has assessed the impact of these changes on the basis of legal view obtained by
the and the best information available till authorisation of the financial statements for issue.
The Company has determined that these changes result in an increase in gratuity obligation for
which the Company has presented increase in obligation as an expense under the head "Employee
Benefit Expense" in the standalone statement of profit and loss for the year ended 31-March-2026.
Considering that it is emerging topic and the finalisation of Central/ State Rules is still pending, the
Company will continue monitoring changes and provide appropriate accounting effect as required
based on future developments."
46 Segment reporting
The Company's operations predominantly relate to equity, currency and commodity broking and its
related activities business and is the only operating segment of the Company. The Chairman and
Managing Director of the Company has been identified as Chief Operating Decision Maker (CODM)
as defined under IND AS 108, reviews the operations of the Company as one operating segment.
Hence no separate segment information has been furnished herewith.
47 Audit trail
The Company maintained its books of account using accounting software having an audit trail
(edit log) feature throughout the financial year. The software used during the financial year are
licensed accounting software and are enabled with an audit trail (edit log) feature. The audit trail
feature remained enabled and operational for all relevant transactions recorded in the respective
software during the period of their usage, and there were no instances of the audit trail feature
being tampered with. The Company has preserved the audit trail records in accordance with the
requirements of Section 128(5) of the Companies Act, 2013. Further, the books of account and
related data are maintained on the Company's own servers located in India and are not hosted on
a cloud-based platform. The Company maintains periodic backups of the accounting data are taken
on a weekly basis and retained appropriately.
48 Subsequent Events
There have been no events after the reporting date and up to the date of approval of these financial
statements that require adjustment to, or disclosure in, the financial statements.
49 The standalone financial statements of the Company for the year ended 31-March-2026 were
approved for issue in accordance with a resolution of the Board of Directors on 27-May-2026
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