ivPROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

-Provisions are recognised when the Company has a present obligation(legal or constructive) as a result
of a past event, it is probable that an outflow of resources embodying economic benefits will be required
to settle the obligation and a reliable estimate can be made of the amount of the obligation.

-Contingent liability is disclosed in case of :

a) a present obligation arising from past events, when it is not probable that an outflow of resources will
be required to settle the obligation ; and

b) a present obligation arising from past events, when no reliable estimate is possible.

-Contingent assets are disclosed where an inflow of economic benefits is probable.
vEARNING PER SHARE

-Basic Earning per share is calculated by dividing the Net Profit after tax for the period attributable to
equity shareholders by the weighted average number of equity shares outstanding during the period.
-Diluted EPS is computed by dividing the profit after tax, as adjusted for dividend, interest and other
charges to expenses or income relating to the dilutive potential equity shares, by the weighted average
number of equity shares considered for deriving basis EPS and the weighted average number of equity
shares which could have been issued on the conversion of all dilutive potential equity shares.

viRecent accounting pronouncements

The Ministry of Corporate Affairs (MCA) notifies new standards or amendments to the existing
standards under Companies (Indian Accounting Standards) Rules as issued from time to time. On 12
August 2024, MCA amended the Companies (Indian Accounting Standards) Amendment Rules, as
below.

Amendments to Ind AS 117

MCA notified Ind AS 117 a comprehensive standard that prescribe, recognition,measurement and
disclosure requirements, to avoid diversities In practice for accounting Insurance contracts and It
applies to all companies i.e.. to all insurance contracts regardless of the issuer. However Ind AS 117 is not
applicable to the entities whose are insurance companies registered with IRDAI.

Additionally,amendments have been made to Ind AS 101 First time Adoption of Indian Accounting
Standards Ind AS 103 Business Combinations.

AS 105 Non-current Assets Held for Sale and Discontinued Operations, Ind AS 107 Financial
Instruments: Disclosures ,Ind AS 109 Financial Instruments and Ind AS 115 Revenue from Contracts
with Customers to align them with Ind AS 117 The amendments also Introduce enhanced disclosure
requirements,particularly In Ind AS 107, to provide clarity regarding financial Instruments associated
with Insurance contracts.

Amendments to Ind AS 116

The amendments require an entity to recognise lease liability including variable lease payments which
are not linked to index or a rate In a way It does not result Into gain on Right or use asset It retains.

The Company has reviewed the new pronouncements and based on its evaluation has determined that
these amendments do not have a significant impact on the Company's Financial Statements.

Notes: Bonus Issue

During the financial year 2024-25, the Company issued bonus shares in the ratio of 2:1 i.e., two equity
share for every one equity share held) to the existing shareholders, by from the balance of security
reserves.

Number of bonus share issued: 8,44,00,000 Face value per share: Rs. 1
Record Date: 09 August, 2024

The bonus issue was made in compliance with the provisions of Section 63 of the Companies Act, 2013
and in accordance with the relevant provisions of Ind AS 33

During the year, the Company issued bonus shares in the ratio of 2:1 on 09 August 2024, allotting two
equity shares for every one held, out of the securities premium account. In line with Ind AS 33 (para 26),
earnings per share for the year ended 31 March 2024 has been retrospectively adjusted as if the bonus
issue occurred at the beginning of the earliest period presented.

22. The Balances of GST Input Ledgers as per Books are subject to reconciliation with Balances as per
GST Returns and consequential adjustmnets thereof.

23. Previous year figures are regrouped wherever necessary.

24. The Balances of Debtors, Creditors and Loans & Advances are subject to Confirmation and
Reconciliation.

For MAAK and Associates For and on behalf of the Board of Directors

Firm Registration No.: 135024W Caspian Corporate Services Limited

Chartered Accountants

CA Marmik Shah Sukumar Reddy Garlapati Venkatesh Velinani

Partner Director Director

Membership No. 133926 DIN:00966068 DIN:09391446

Place: Ahmedabad Place: Hyderabad Place: Hyderabad

Date: 26/05/2025 Date: 26/05/2025 Date: 26/05/2025

UDIN : 25133926BMJGXU4028

Laxmi Narayana Punna Sarfraz Mulla

Chief Financial Officer Company Secretary

PAN:ATIPP6084C PAN:BWIPM3845A

Place: Hyderabad Place: Hyderabad

Date: 26/05/2025 Date: 26/05/2025