Provisions, Contingent Liabilities and Contingent Assets:

Provisions are recognized for liabilities that can be measured only by using a substantial degree of Estimation, if the company has a present obligation as a result of past event, a probable outflow of Resource is expected to settle the obligation and the amount of obligation can be reliably estimated.

Provisions, Contingent Liabilities are reviewed at each Balance sheet Date.

15) In the opinion of the Management, Current assets, Loans, and Advances have the value at which they are Stated in the Balance Sheet, if realized in the ordinarily course of the Business.

16) As the Company has not received any intimation from "Suppliers" regarding their status under Micro, Small and Medium Enterprises Development Act, 2006, whether there are any outstanding balances for more than 45 days is not ascertainable

17) Subsequent Events.

There are no significant events that occurred after the balance sheet date.

18) Additional Regulatory information

i. The Company is not in possession of any immovable property.

ii. The Company has not revalued any of its Property, Plant and Equipment during the year

iii. The Company has not granted any loans or advances in the nature of loans to promoters, directors, KMPs and other related parties.

iv. There are no proceedings initiated or pending against the company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made there under.

v. The Company has no borrowings from banks or financial institutions on the basis of security of current assets and the quarterly returns or statements filed by the company with such banks or financial institutions are in agreement with the books of account of the Company.

vi. The Company is not declared as willful defaulter by any bank or financial Institution or other lenders.

vii. The Company did not have any transactions with Companies struck off under Section 248 of Companies Act, 2013 or Section 560 of Companies Act, 1956 considering the information available with the Company.

viii. There is no Scheme of Arrangements that has been approved in terms of sections 230 to 237 of the companies’ act, 2013.

19) The Company does not have any transactions which are not recorded in the books of accounts that has been surrendered or disclosed as income in the tax assessments under the Income Tax Act, 1961 during the year.

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

21) The company has not advanced/loans/invested or received 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 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.

22) The company has also not received any fund from any person(s) or entity (ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the company shall (i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or (ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

23) The Company is not covered under the provisions of section 135 of the Companies Act, 2013.

24) In the opinion of the management, the assets as shown in the financial Statements, have a value on realization in the ordinary course of business of at least equal to the amount at which they are stated in the balance sheet.

25) Balances in respect of some of the unsecured loans, and current liabilities are subject to confirmation/reconciliation.

26) The Board vide its meeting dated 01.03.2025 has discussed and approved the proposal to alter the Object Clause of the Memorandum of Association of the Company, with the change in management and induction of new promoters, who have a strong background in the infrastructure sector, the Company intends to restart its operations in line with the promoters’ core business expertise. The proposed alteration will not affect the going concern of the company as it enables to venture into infrastructure and related activities, which is expected to be in the long-term interest of all stakeholders. The Company’s ability to continue as going concern is dependent on many factors and in the opinion of the management, revival of the company is possible in foreseeable future, accordingly in view of the management the above results have been prepared on the basis of Going concern.

28) The following ratios are not applicable to the company:-

a. Debt service coverage ratio

b. Inventory Turnover Ratio

c. Trade receivables turnover ratio

d. Trade payables turnover ratio

e. Net capital turnover ratio

f. Net profit ratio

g. Return on investment Unquoted

29) Previous year’s figures have been regrouped wherever necessary to conform to the layout adopted in the current year.

30) Figures have been rounded off to the Rupees in Lakhs and decimals thereof.