b) Terms/rights attached to equity shares

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

ii) 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.

iii) No shares have been issued for considerarion other than cash. No bonus shares have been issued and no shares brought back in preceeding 5 years from the date of financial statements.

iv) The Company has issued 1,900,000 equity shares of Rs. 10 each on 13th May 2014 to Krisma Investments Private Limited (one of the member of the promoter and promoter group of the Company) on preferential allotment basis in accordance with the provisions of Chapter VII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable laws.

v) The Company at their Board Meeting held on February 26, 2025 has alloted of 71,61,241 (Seventy One Lakh Sixty One Thousand Two Hundred and Forty One) fully paid up equity shares comprising of 65,84,241 equity shares to shareholders of Trio Infrastructure Private Limited at Rs. 36/- (Rupees Thirty Six only) (including a premium of Rs. 26/- (Rupees Twenty Six only) per equity share) for consideration other than cash against the acquisition of 2,05,00,000 (Two Crore Five Lakh) equity shares of Trio Infrastructure Private Limited and 5,77,000 (Five Lakh Seventy Seven Thousand) fully paid up equity shares for cash to investors belonging to the public category at an issue price of Rs. 36/- (Rupees Thirty Six only) (including a premium of Rs. 26/- (Rupees Twenty Six only) per equity share on preferential basis.

(c) Fair value hierarchy of financial assets and liabilities measured at fair value:

The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable and consists of following three levels:

Level 1 - Inputs are quoted prices in active markets for identical assets or liabilities.

Level 2 - Inputs are other than quoted prices included within level 1 that are observable for the assets or liability, either directly (i.e as prices ) or indirectly (i.e. derived from prices)

Level 3 - Inputs are not based on observable (unobservable inputs). Fair values are determined in whole or in part using a valuation model based on assumptions that are neither supported by prices from observable current market transactions in the same instrument nor are they based on market data.

B Financial risk management

(i) Risk management framework

The Company’s board of directors have overall responsibility for the establishment and oversight of the Company’s risk management framework.

The Company’s risk management policies are established to identify and analyse the risks faced by the Company, to set appropriate risk limits and controls and to monitor risks and adherence to limits. Risk management policies and systems are reviewed regularly to reflect changes in market conditions and the Company’s activities. The Company, through its training and management standards and procedures, aims to maintain a disciplined and constructive control environment in which all employees understand their roles and obligations.

The Company has exposure to the following risks arising from financial instruments:

- Liquidity risk;

- Credit risk; and

- Market risk

(ii) Liquidity risk

The Company’s principal sources of liquidity are cash and cash equivalents and the cash flow that is generated from operations.

The Company has no outstanding borrowings and the Company believes that the working capital is sufficient to meet its current requirements. Accordingly, no liquidity risk is perceived.

Exposure to liquidity risk

The following are the remaining contractual maturities of financial liabilities at the reporting date:

(iii) Credit risk

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations and arises principally from the Company’s receivables from customers. Company’s major earnings is from course fees from the students and the default payment terms is to make payments in advance.

The Company establishes an allowance for impairment that represents its estimate of expected losses in respect of trade and other receivables. There are no significant trade receivables in the financial statements. Hence, there is no significant concentration of credit risk.

Cash and cash equivalents, investments and other deposits accepted by the Company are neither past due nor impaired. Cash and cash equivalents include deposits with banks.

The credit risk from deposits with banks are managed by the Company in accordance with the limit and framework as per board approval. The maximum exposure for credit risk in deposits with banks is the carrying amount which are as follows:

(iv) Market risk

Market risk is the risk that changes in market prices - such as foreign exchange rates, which will affect the Company’s income or the value of its holdings of financial instruments. Market risk is attributable to all market risk sensitive financial instruments including foreign currency receivables and payables.

Currency risk

The risk on the Company’s foreign currency transactions relate to temporary loans to its subsidiary. Amount involved in the transactions are not significant, hence currency risk associated with it is not significant in nature.

37 Additional Regulatory Information

a Title deeds of immovable properties not held in the name of the Company:

The Company does not have any immovable property

b Reconciliation of quarterly returns / statements submitted to the banks with the books of accounts

The Company has not obtained any type of borrowings from Banks. Hence there is no requirement to file any quarterly returns /statements. c The Company has used funds borrowed for the specific purposes only for the purposes which it has been borrowed.

d The Company have not traded or invested in Crypto currency or Virtual Currency during the year.

e 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 (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.

f There are no transactions during the year with struck off companies as at 31st March 2025

g There is no proceeding which has 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. h The Company has in-tangible asset under development i.e. website of the company.

i The Company is not declared wilful defaulter by any bank or financial institution or other lender.

j The Company has not applied for any scheme of arrangement u/s 230 to 237 of Companies Act, 2013.

k The Company does not have any transaction not recorded in the books of accounts that has been surrendered or disclosed as

income during the year in the tax assessment under the Income Tax Act, 1961. l The Company is not covered under section 135 of Companies Act, 2013. Hence it is not required to make CSR expense.

m The company has not granted any loans or advances in the nature of loan to promoter, director, KMP.

39 The Company deals in business of ‘Vocational Education' which is the main activity. As such, there is one reportable segment as defined by Ind As 108 - Segmental reporting.

40 Previous Year Figures have been regrouped / reclassified wherever necessary,