K. Provisions

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

L. Gratuity:

No provision for gratuity has been made as no employee has put in qualifying period of service
entitlement of this benefit.

M. Dividends

Provision is made for the amount of any dividend declared, being appropriately authorised and
no longer at the discretion of the entity, on or before the end of the reporting period but not
distributed at the end of there porting period.

N. Earnings per share

The basic earnings per share is computed by dividing the net profit for the period attributable to
equity shareholders by the weighted average number of equity shares outstanding during the
period. The number of shares used in computing diluted earnings per share comprises the
weighted average shares considered for deriving basic earnings per share and also the weighted
average number of equity shares which would have been issued on the conversion of all dilutive
potential equity shares. Dilutive potential equity shares are deemed converted as of the beginning
of the period unless they have been issued at a later date.

O. Rounding of amounts

All amounts disclosed in the financial statements and notes have been rounded off to nearest
rupee as per the requirement of Schedule III, unless otherwise stated.

‘Disclosure in relation to Micro and Small enterprises 'Suppliers' as defined in the Micro, Small and
Medium Enterprises Development Act, 2006 ('Act').

The Ministry of Micro, Small and Medium Enterprises has issued an Office Memorandum dated 26
August 2008 which recommends that the Micro and Small Enterprises should mention in their
correspondence with their customers the Entrepreneurs Memorandum Number as allocated after filing
of the said Memorandum. Accordingly, the disclosures above in respect of the amounts payable to
such enterprises as at the period end has been made based on information received and available
with the Company.

As explained by management there is no outstanding balance related to Micro and Small enterprises
'Suppliers' as defined in the Micro, Small and Medium Enterprises Development Act, 2006 ('Act') as
at year end.

Note 23 Contingent liabilities and commitments (to the extent not provided for)

During the year, the Company has not made any investments in, provided any security
or granted any loan or advances in nature of loans, secured or unsecured to companies,
firms, limited liability partnerships or any other parties.

Note 24 Borrowings from banks and financial institutions

Company has not taken any loan from bank and financial institutions during the financial
year 2023-24, hence no reporting is required as per revised schedule III of Companies
Act 2013.

Note 25 Loans or advances granted to promoters, directors, KMPs and related parties

The Company has not given any loans or advances in the nature of loans to its
promoters, directors, KMPs and related parties, hence no reporting is required as per
revised schedule III of Companies Act 2013.

Note 26 Capital-Work-in Progress (CWIP)

There is no capital work in progress in the company as on balance sheet date.

Note 27 Intangible assets under development

There is no Intangible assets under development in the company as on balance sheet
date.

Note 28 Detail of Benami Property held

There is no proceedings have been initiated or pending against the company for holding
any benami property under the Prohibition of Benami Property Transactions Act, 1988
and the Rules made thereunder.

Note 29 Security of current assets against borrowings

The company has not taken any borrowings 'during any point of time of the year' from
banks or financial institutions on the basis of security of current assets.

Note 30 Wilful Defaulter

The Company is not declared wilful defaulter by any bank or financial institution or
other lender at any time during the financial year or after the end of reporting period
but before the date when financial statements are approved or in an earlier period.

Note 31 Relationship with Struck off companies

Company did not have any transactions with companies struck off under Section 248
of Companies Act, 2013 or Section 560 of Companies Act, 1956.

Note 32 Registration of charges or satisfaction with Registrar of Companies

There is no charges or satisfaction yet to be registered with Registrar of Companies
by the company during the financial year.

Note 33 Compliance with number of layers of companies

The company is not required to complied with the number of layers prescribed under
clause (87) of section 2 of the Act read with Companies (Restriction on number of
Layers) Rules, 2017.

Note 34 Compliance with approved Scheme(s) of Arrangements

No Scheme of Arrangements has been approved by the Competent Authority in terms
of sections 230 to 237 of the Companies Act, 2013, during the financial year.

Note 35 Utilisation of Borrowed fund and share premium

Neither the company has advanced or loaned or invested funds to Intermediaries nor
received any fund from any Funding Party during the financial year with the
understanding that the Intermediary or company shall -

a. 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)

b. provide any guarantee, security or the like to or on behalf of the Ultimate
Beneficiaries.

Note 36 Undisclosed Income

The company has no transaction which is not recorded in the books of accounts that
has been surrendered or disclosed as income during the year in the tax assessments
under the Income Tax Act, 1961 (such as, search or survey or any other relevant
provisions of the Income Tax Act, 1961), unless there is immunity for disclosure under
any scheme.

Note 37 Details of Cyrpto Currency or Virtual Currency

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

Note 39 Income and Expenditure in Foreign Currency:

The company has no Income or Expendityre in Foreign Currency during the financial
year.

Note 40 Employee benefit plans

The Defined Benefit Plans comprise of Gratuity. Gratuity is a benefit payable as per
the provision of Gratuity Act, 1972 with vesting period of 5 years of service. The gratuity
liablity payable is not funded.