2.14 Provisions, contingent liabilities and contingent assets

The Company creates a provision when there is a present obligation as a result of past events
and it is probable thatthere will be outflow of resources and a reliable estimate of the
obligation can be made of the amount of the obligation.

Contingent liabilities are not recognised but are disclosed in the notes to the financial
statements. A disclosure for a contingent liability is made when there is a possible obligation
or a present obligation that may, but probably will not, require an outflow of resources. When
there is a possible obligation or a present obligation in respect of which the likelihoodof
outflow of resources is remote, no provision or disclosure is made.

Provisions are reviewed at each balance sheet date and adjusted to reflect the current best
estimate. If it is no longerprobable that the outflow of resources would be required to settle
the obligation, the provision is reversed.

Contingent assets are neither recognised nor disclosed in the financial statements.

2.15 Statement of Cash Flows

Statement of Cash Flows is prepared segregating the cash flows into operating, investing
andfinancing activities. Cash flow from operating activities is reported using indirect
methodadjusting the net profit for the effects of:

i. changes during the period in operating receivables and payables transactions of a non¬
cash nature;

ii. non-cash items such as depreciation, provisions, deferred taxes, unrealised foreign
currency gains and losses, and undistributed profits of associates and joint ventures; and

iii. all other items for which the cash effects are investing or financing cash flows. Cash and
cash equivalents (including bank balances) shown in the Statement of Cash Flows
exclude items which are not available for general use as on the date of Balance Sheet.

2.16 Other accounting policies

Non-material accounting policies encompass those that hold importance for the Company's
financial statements without being material in terms of their impact on the financial
statements.

Segment reporting

Operating segments are reported in a manner consistent with the internal reporting provided to
the chief operating decision maker. The Company’s primary business segments are reflected
based on the principal business carried out, i.e. lending activities as Non-Banking Finance
Company (NBFC) regulated by the Reserve Bank of India (‘RBI’). The risk and returns of the
business of the Company is not associated with geographical segmentation, hence there is no
secondary segment.

2.17 Recent accounting pronouncements

Ministry of Corporate Affairs (“MCA”) has notified amendments to the companies (Indian
Accounting Standards) Rules, 2015 through the companies (Indian Accounting Standards)
Amendment Rules, 2025 and the companies (Indian Accounting Standards) Second
Amendments Rules, 2025. These amendments, inter alia, relate to Ind AS 1, Ind AS-12, Ind
AS21, Ind AS101 and Ind AS 107.

The company has evaluated the applicability of the above amendments. Based on the
assessment carried out by the management, these amendments do not have any material
impact on the recognition, measurement and presentation of the company financial statement
for the year ended 31^st March 2026, except for additional disclosures, wherever applicable.

2.18 Ministry of Corporate Affairs (“MCA”) notifies new standard or amendments to the existing
standards under Companies (Indian Accounting Standards) Rules as issued from time to time.
On 31 March, 2023, MCA amended the Companies (Indian Accounting Standards) Rules,
2015 by issuing the Companies (Indian Accounting Standards) Amendment Rules, 2023,
applicable from 1 April, 2023, as below:

a. Ind AS 1 - Presentation of Financial Statements

The amendments require companies to disclose their material accounting policies rather than

their significant accounting policies. Accounting policy information, together with other
information, is material when it can reasonably be expected to influence decisions of primary
users of general-purpose financial statements. The Company does not expect this amendment
to have any significant impact in its financial statements.

b. Ind AS 12 - Income Taxes

The amendments clarify how companies account for deferred tax on transactions such as
leases and decommissioning obligations. The amendments narrowed the scope of the
recognition exemption in paragraphs 15 and 24 of Ind AS 12 (recognition exemption) so that
it no longer applies to transactions that, on initial recognition, give rise to equal taxable and
deductible temporary differences. The Company does not expect this amendment to have any
significant impact in its financial statements.

c. Ind AS 8 - Accounting Policies, Changes in Accounting Estimates and Errors

The amendments will help entities to distinguish between accounting policies and accounting
estimates. The definition of a change in accounting estimates has been replaced with a
definition of accounting estimates. Under the new definition, accounting estimates are
“monetary amounts in financial statements that are subject to measurement uncertainty”.
Entities develop accounting estimates if accounting policies require items in financial
statements to be measured in a way that involves measurement uncertainty. The Company
does not expect this amendment to have any significant impact in its financial statements.

(i) Arrears of fixed cumulative dividends on preference shares as at 31 March, 2026 is nil. (As at 31 March, 2025 is nil)

(ii) Terms/Rights, Preferences and Restrictions attached to shares:- The Company has only one class of equity shares having a par value
of '10 per share. Each holder of equity shares is entitled to one vote per share. 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. The holders of equity shares are entitled to dividends, if any, proposed
by the Board of Directors and approved by shareholders at the Annual General Meeting.

(iii) Shareholding of holding compnay, ultimate holding company, subsidiaries of holding company, assocaites of holding company,
subsidiaries of ultimate holding company, associates of ultimate holding company as at 31 March, 2026 is nil. (As at 31 March, 2025 is nil).

(iv) The shareholder holding more than 5% shares as at 31 March 2026 have been disclosed by the company-Annexure-A. (As at 31 March
2025 also Nil)

(v) Aggregate number and class of shares allotted as fully paid up pursuant to contract(s) without payment being received in cash, bonus
shares and shares bought back for the period of 5 years immediately preceding the Balance Sheet date is nil as at 31 March 2026. (As at 31
March 2025 also Nil).

Reason for variance (if above 25%)

1. The variation in Current Ration is above 25% is due to increase in other paybles in comparision with FY 2024-25.

2. The variation in Return on Equity is above 25% because the profits of the company has been increased in comparision with the FY 2024-25.

3. Capital turnover ratio has decreased as compared to previous year due to decrease in working capital.

4. The variation in Net Profit Ratio is above 25% because the profits of the company has been increased in comparision with the FY 2024-25.

5. The variation in Return on Capital employed is above 25% because the profits of the company has been increased in comparision with the FY
2024-25.

28. Additional information to the financial statement and disclosure under Indian Accounting standards

and Companies Act, 2013:

28.1 Share application money pending allotment

The company has not received any share application money which is pending for allotment.

28.2 Contingent liabilities and commitments (to the extent not provided for)

28.3 Disclosure as per the Listing Agreements with the Stock Exchanges/SEBI (LODR), 2015

Loans and advances in the nature of loans given to subsidiaries, associates and investment in shares of the
Company of such parties are nil.

28.4 Details on derivatives instruments and unhedged foreign currency exposures

The derivative transaction was done under normal course of business. There were no foreign currency
dealings & exposures.

28.5 Value of imports calculated on CIF basis

Not applicable to the company.

28.6 Expenditure in foreign currency

No foreign currency expenditure was incurred by the company during the Financial Year.

28.7 Details of consumption of imported and indigenous items

Not applicable to the company because it is not engaged in manufacturing activities.

28.8 Earnings in foreign exchange

There were no earnings in foreign exchange.

28.9 Amounts remitted in foreign currency during the year on account of dividend

Not Applicable to the company.

28.10 Details of contract revenue and costs

The company is RBI approved NBFC, and all revenues & expenses are accounted for on an accrual basis.
There were no construction-related contracts.

28.11 Details of government grants

The Company has not received any government grant either in the year ended 31.3.2026 or in the year ended
31.3.2025.

28.12 Details of amalgamations

The company has neither floated/approved any scheme of amalgamations nor participated in any such scheme.

28.13 Employee benefit plans

As per terms of employment, the employees are not entitled to any other benefit e.g. PF, Gratuity, Pension, etc.
except the annual salary and ex-gratia allowance paid for their work.

28.14 Details of borrowing costs capitalized

There were no such borrowings either in the year ended 31.3.2026 nor in the year ended 31.3.2025.

28.15 Segment information

The segment wise information for Income & Profits is as under but considering nature of business it is not
possible to segregate assets segment wise-

28.17 Details of leasing arrangements

There were no lease agreements neither in the year ended 31.3.2026 nor in the year ended 31.3.2025.

The Company has recognized deferred tax on difference in value of fixed assets as per Income Tax Laws and
as per Companies Act.

28.20 Discontinuing operations

The company has not discontinued any operations which it was carrying on in past as per its main business
objects.

28.21 Details of research and development expenditure recognized as an expense

No specific expenditure has been incurred on research & development considering nature of business of the
company. The company is mainly engaged in financial activities as NBFC and keeps incurring expenditure to
upgrade technology from time to time.

28.22 Interest in joint ventures

The company has no interest, right and sharing in any joint venture project.

28.23 Details of provisions

The Company has not made any provision for any contractual obligations and disputed liabilities because no
such obligation or liability was pending at year end.

28.24 Employee Stock Option Scheme

The company has never issued any ESOP and therefore, no disclosure is required to be made in this
connection.

28.25 Disclosure under Micro, Small and Medium Enterprises Development Act, 2006

There are no Micro and Small-Scale Business Enterprises, to whom the Company owes dues, which are
outstanding for more than 45 days as at March 31, 2026 as per the information of parties or organizations
under Micro, Small and Medium Enterprises (MSME) is available with the company. This information as
required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 has been
determined to the extent such parties have been identified on the basis of information available with the
Company.

28.26 The disclosure on the following matters required under Schedule III as amended not being relevant or
applicable in case of the Company, same are not covered:

a. The Company has not traded or invested in crypto currency or virtual currency during the financial
year

b. No proceedings have been initiated or are pending against the Company for holding any benami
property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made
thereunder

c. The Company has not been declared willful defaulter by any bank or financial institution or
government or any government authority

d. No satisfaction of charges is pending to be filed with ROC

e. There are no transactions which are not recorded in the books of account which have been surrendered
or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961.

f. The Company has performed an assessment to identify transactions with struck off companies as at
31^st March 2026 and no such company was identified.

28.28 Note on Previous year’s figures

Previous year's figures have been regrouped/reclassified wherever necessary to correspond with the current
year's classification/disclosure.