(xviii)Provisions, contingents Liabilities and contingent Assets

(a) A Provision is recognized when the company has present obligation as a result of past event and it is
probable that outflow of resources will be required to settle the obligation and in respect of which a
reliable estimate can be made. Provisions are not discounted to their present value are determined
based on best estimate required to settle the obligation at the balance sheet date. These are reviewed at
each balance sheet date and adjusted to reflect the current best estimates.

(b) Contingent Liabilities are disclosed separately by way of note to financial statements after careful evaluation
by the managements of the facts and legal aspects of the matter involved in case of:

(i) A present obligation arising from the past event, when it is not probable that an outflow of resources
will be required to settle the obligation.

(ii) A possible obligation, unless the probability of outflow of resources is remote.

(c) Contingent Assets are neither recognized, nor disclosed in the financial statements.

(xix) Income Taxes:

Tax expense recognized in Statement of Profit and Loss comprises the sum of deferred tax and current tax
except to the extent it recognized in other comprehensive income or directly in equity.

Current tax comprises the tax payable or receivable on taxable income or loss for the year and any adjustment
to the tax payable or receivable in respect of previous years. Current tax is computed in accordance with
relevant tax regulations. The amount of current tax payable or receivable is the best estimate of the tax amount
expected to be paid or received after considering uncertainty related to income taxes, if any. Current tax relating
to items recognised outside profit or loss is recognised outside profit or loss (either in other comprehensive
income or in equity).

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

Deferred tax is recognised in respect of temporary differences between carrying amount of assets and liabilities
for financial reporting purposes and corresponding amount used for taxation purposes. Deferred tax assets are
recognised on unused tax loss, unused tax credits and deductible temporary differences to the extent it is
probable that the future taxable profits will be available against which they can be used. This is assessed based
on the Company's forecast of future operating results, adjusted for significant non-taxable income and expenses
and specific limits on the use of any unused tax loss. Unrecognised deferred tax assets are re-assessed at each
reporting date and are recognised to the extent that it has become probable that future taxable profits will allow
the deferred tax asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the year when the
asset is realised or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively
enacted at 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 only if there is a legally enforceable
right to set off the recognised amounts, and itis intended to realise the asset and settle the liability on a net basis
or simultaneously. Deferred tax relating to items recognised outside statement of profit and loss is recognised
outside statement of profit or loss (either in other comprehensive income or in equity).

(xx) Employee Benefits

No provision of retirement benefits of employees such as leave encashment, gratuity has been made during the
year by the company. The same shall be accounted for as and when arises.

Employee Benefits includes salaries/wages and bonus and other welfare expenses.

* The percentage change in the shareholding of Smt. Puspa Devi Modi due to her death.

** The percentage change in the shareholding of Mr Raj Kumar Modi through transmission of share due to death
of his mother Smt. Puspa Devi Modi.

***The percentage change in Mr. Prabhat Modi shareholding is due to acquisition of shares from open market.

v) There were no shares issued for consideration other than cash during the period of five years immediately
preceding the reporting date.

vi) No class of shares have been bought back by the Company during the period of five years immediately
preceding the reporting date.

(a) Statutory Reserve u/s 45IC

Statutory Reserve is the reserve created by transferring the sum not less than 20% of its net profit after tax in
terms of Section 45-IC of the Reserve Bank of India Act, 1934.

(b) Share Premium

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

During the financial year ending 31st March, 2025, Company issued equity shares through Right Issue (issue
dated 25th Oct 2024) of Rs. 48,95,56,100/- consisting of 17,80,20,400 Equity shares of Rs. 2.75 (F.V of Rs.1
at premium of Rs.1.75)

(c) Warrant Reserve

4,50,00,000 Fully Convertible Warrants lapsed on September 15, 2023, due to non-conversion of the warrants
into fully paid equity shares of the company within the stipulated time period of eighteen-months from the
date of allotment. Further, the upfront amount of 25% of the issue price paid by the allottees w.r.t. 4,50,00,000
Warrants have been forfeited by the company and amount transferred to warrant reserve in other equity.

(d) Issue of Convertible Warrants

The company allotted 7,00,00,000 convertible warrants to the promoter and non-promoter group in pursuance
to the approval given by the share holders in the Extra Ordinary General meeting held on 24/02/2022. Each
warrant was entitled to convert into equal number of equity shares within a period of 18 months from the date
of allotment of warrant at the rate of 9.90. A warrant option @25% of application and balance 75% on
conversion of warrant into equity shares within the stipulated time period. The company received 25%
application money of Rs. 17,32,50,000 on 15/03/2022 for 7,00,00,000 convertible warrants and balance
75% of Rs. 18,56,25,000 for conversation of 2,50,00,000 warrant into equity shares on 23/05/2022 which
had reflected in Schedule 19 of the Balance Sheet 2022-23.The promoter and non-promoter group did not
exercise 4,50,00,000 fully convertible warrants hence the Board forfeited the option warrant in their Board
Meeting held on 15/09/2023 and transferred a sum of Rs. 11,13,75,000 into warrant Reserve Account which
has reflected in Schedule 19.

(e) Retained Earnings

Retained Earnings are the accumulated profits earned by the Company till date, less transfer to general
reserves, special reserves, dividend (including dividend distribution tax) and other distributions made to the
shareholders.

(f) Other Comprehensive Income

The company recognises change on account of remeasurement as part of other comprehensive income
which comprises of actuarial gains and losses on the investments held by the company.

The Company has elected to recognise changes in the fair value of certain investments in equity securities
and debt instrument in other comprehensive income. These changes are accumulated in the FVOCI equity
investments reserve. The Company transfers amounts from this reserve to retained earnings when the relevant
equity securities are derecognised or sold. Any impairment loss on such instruments is reclassified to Profit or
Loss.

Level 1: It includes financial instruments measured using quoted prices.

Level 2: The fair value of financial instruments that are not traded in an active market is determined using
valuation techniques which maximise the use of observable market data and rely as little as possible on entity
specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument
is included in level 2.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is
included in level 3. The fair value of financial assets and liabilities included in Level 3 is determined in accordance
with generally accepted pricing models based on discounted cash flow analysis using prices from observable
current market transactions and dealer quotes of similar instruments.

b). Financial risk management

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

- Credit risk

- Liquidity risk

- Interest rate risk

- Market/Systematic Risk
Risk management framework

The Company's Board of Directors has overall responsibility for the establishment and oversight of the
Company's risk management framework. The Board of Directors have authorised senior management to
establish the processes and ensure control over risks through the mechanism of properly defined framework
in line with the businesses of the company.

The Company's risk management policies are established to identify and analyse the risks faced by the
Company, to set appropriate risks limits and controls, to monitor risks and adherence to limits. Risk management
policies are reviewed regularly to reflect changes in market conditions and the Company's activities.

The Company has policies covering specific areas, such as interest rate risk, other price risk, credit risk,
liquidity risk, and the use of derivative and non-derivative financial instruments. Compliance with policies and
exposure limits is reviewed on a continuous basis.

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.

The Company's credit risk is primarily to the amount due from customer. The Company maintains a
defined credit policy and monitors the exposures to these credit risks on an ongoing basis. Credit risk on
cash and cash equivalents is limited as the Company generally invests in deposits with scheduled
commercial banks with high credit ratings assigned by domestic credit rating agencies.

The maximum exposure to the credit risk at the reporting date is primarily from Loans. Loans are unsecured
and are derived from customers primarily located in India. The Company does monitor the economic
environment in which it operates. The Company manages its Credit risk through credit approvals,
establishing credit limits and continuously monitoring credit worthiness of customers to which the Company
grants credit terms in the normal course of business.

On adoption of Ind AS 109, the Company uses expected credit loss model to assess the impairment loss
or gain. The Company establishes an allowance for impairment that represents its expected credit losses
in respect of trade receivable. The management uses a simplified approach (i.e. based on lifetime ECL)
for the purpose of impairment loss allowance, the company estimates amounts based on the business
environment in which the Company operates, and management considers that the trade receivables are
in default (credit impaired) when counterparty fails to make payments for receivable more than 180 days
past due. However, the Company based upon historical experience determines an impairment allowance
for loss on receivables.

This definition of default is determined by considering the business environment in which entity operates
and other macro-economic factors. Further, the Company does not anticipate any material credit risk of
any of its other receivables.

# The Company believes that the unimpaired amounts that are past due by more than 180 days are still
collectible in full, based on historical payment behaviour and extensive analysis of customer credit risk.

There was no movement in the allowance for impairment in respect of trade receivables.
ii. Liquidity risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated
with its financial liabilities that are settled by delivering cash or another financial asset. The Company's
approach to managing liquidity is to ensure, as far as possible, that it will have sufficient liquidity to meet
its liabilities when they are fallen due, under both normal and stressed conditions, without incurring
unacceptable losses or risking damage to the Company's reputation.

The Company believes that its liquidity position, including total cash (including bank deposits under lien
and excluding interest accrued but not due) of ^: 4718.95 lacs as at March 31,2025 (March 31,2024: ?
93.94 lacs) and the anticipated future internally generated funds from operations will enable it to meet its
future known obligations in the ordinary course of business.

Prudent liquidity risk management implies maintaining sufficient cash and marketable securities and the
availability of funding through an adequate amount of credit facilities to meet obligations when due. The
Company's policy is to regularly monitor its liquidity requirements to ensure that it maintains sufficient reserves
of cash and funding from group companies to meet its liquidity requirements in the short and long term.

The Company's liquidity management process as monitored by management, includes the following:

- Day to day funding, managed by monitoring future cash flows to ensure that requirements can be met.

- Maintaining rolling forecasts of the Company's liquidity position on the basis of expected cash flows.

iii) Market risk

Market risks are external systematic risks arising due to situations not in the control of the company.
These risks can arise due to geopolitical situations such as terrorist attacks, elections, pandemic etc.
They can have significant impact on the functioning of the environment in which the company operates.
While the company cannot mitigate against these risks, we maintain sufficient buffers such as liquid
capital and backup for remote working of essential services. Market risk can also impact future cash
flows of a financial instrument because of changes in market prices. Unsystematic market risk comprises
three types of risk: interest rate risk, currency risk and other price risk, the Company has major exposure
to one type of market risk, interest rate risk. The objective of market risk management is to manage and
control market risk exposures within acceptable parameters, while optimising the return.

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 main interest rate risk arises from long-term lendings
with variable rates, which expose the Company to cash flow from interest payments.

34. Capital Management

For the purpose of the Company’s capital management, capital includes issued equity share capital and all other
equity reserves attributable to the equity holders of the Company.

Management assesses the Company's capital requirements in order to maintain an efficient overall financing
structure. The Company manages the capital structure and makes adjustments to it in the light of changes in
economic conditions and the risk characteristics of the underlying assets.

To maintain or adjust the capital structure, the Company may return capital to shareholders, raise new debt or
issue new shares.

35. Segment Reporting

The Company is engaged in a single segment i.e. Financial / Investment Activities, hence there is no separate
reportable segment as per Ind AS 108.

36. ADDITIONAL DISCLOSURE REQUIREMENTS

(i) Relationship With Struck off Companies

The Company has not entererd into any transactions with struck off companies.

(ii) Registration of Charges or Satisfaction With Registrar of Companies (ROC)

There are no charges or satisfaction yet to be registered with ROC beyond the statutory period.

(iii) Compliance With Number of Layers of Companies:

The Clause (87) of Section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017
is not applicable to the Company.

(iv) Utilization of Borrowed Funds and Share Premium

(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 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.

(B) 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:-

(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.

(v) Undisclosed Income

The Company has disclosed all its Income appropriately and in the ongoing Tax Assessments as well there
has not been any such undisclosed income recognised by the relavant tax authorities.

(vi) Details of Crypto Currency or Virtual Currency

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

(vii) Disclosure of Benami Property

The Company does not possess any benami property under the Benami Transactions (Prohibition) Act, 1985
and rules made thereunder.

(viii) Disclosure of Borrowings

Bank Overdraft facility secured against fixed deposits of Rs. 46 Crores and the sanctioned limit of overdraft
facility is Rs. 46 Crores.

(ix) Wilful Defaulter

The Company has not been declared as Wilful Defaulter by any Bank or Financial Institution or other Lender.

(x) Title Deeds of Immovable Properties held in Name of the Company

Title deeds of immovable properties (including properties where the Company is the lessee and the lease
agreements are duly executed in favour of the lessee) are held in the name of the company.

(xi) Revaluation of Property, Plant and Equipment

No Property, Plant and Equipment is revalued by company during the year.

(xii) Revaluation of Intangible Asset

No Intangible asset is revalued by company during the year.

(xiv) Investment in property

No investment property is held by the company as at Balance sheet date.

(xv) Disclosure on Loans and Advances

The Company provided advance to Filmcity Media Limited during the year, which will be repaid as per the
terms and conditions agreed upon. Necessary board approvals were taken for providing the adavnce to
Filmcity Media Limited. The Company has not granted any other loans or advances in the nature of loans
either repayable on demand or without specifying any terms or period of repayment, to promoters, directors,
KMPs and other related parties (as defined under the Companies Act, 2013), either severally or jointly with
any other person.

Terms and conditions of transactions with the related parties:

i) The terms and conditions of the transactions with key management personnel were no more favorable
than those available, or which might reasonably be expected to be available, on similar transactions to
non-key management personnel related entities on an arm's length basis.

ii) All outstanding balances with these related parties are priced on an arm's length basis and are to be
settled in cash/bank. None of the balances are secured.

38. Public Deposits

The Company has not accepted any deposits from public during the year ended on 31st March, 2025 & previous
year ended on 31st March, 2024.

(1) During the financial year ending 31st March, 2025, the company has completed right issue dated 19th
November, 2024 and issued 17,80,20,400 Equity shares of Rs. 2.75 (F.V. of Rs.1 at premium of Rs.1.75.
The shares were allotted on 25th November, 2024 & were listed on BSE Limited.

(2) The proceeds from right issues during the year for the purpose of augmenting the capital base of our Company
and general corporate purposes, which were majorly utilized collectively towards advancement of loans in
accordance with business objects of the company.

42. There are no borrowing costs that have been capitalised during the year ended March 31,2025 and March 31,2024.

43. There have been no events after the reporting date that require adjustment/disclosure in these Financial Statements.

44. Provision for Tax is made for both Current and Deferred Taxes. Provision for current Income Tax is made on the
Current Tax Rates based on assessable Income.

45. Balance due to / from some of the parties are subject to confirmation.

47. Previous year's figures are regrouped, reclassified and rearranged wherever considered necessary to confirm to
current year's presentation.

As per our report of even date attached For and on behalf of the Board of Directors of

For PANKAJ GUPTA & CO. PMC FINCORP LIMITED

Chartered Accountants
Firm Registration No.019302N

CA. Pankaj Gupta Raj Kumar Modi Prabhat Modi

Partner Managing Director Whole Time Director

Membership No. : 501398 DIN : 01274171 DIN : 08193181

Place : New Delhi Chandresh Kumar Sharma Kailash

Date : 29.05.2025 Chief Financial Officer Company Secretary

PAN: ATHPS2613M Membership No: ACS51199