p. Provisions, Contingent Liabilities and Contingent Assets:

Provisions are recognized when the Company has a present obligation as a result of
past events and it is probable that an outflow of resources will be required to settle the
obligation in respect of which are liable estimate can be made. Provisions are not
discounted to their present value and are determined based on the 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.

Contingent liabilities are recognized only when there is a possible obligation arising
from past events, not wholly within the control of the Company, or where any present
obligation cannot be measured interms of future outflow of resources of, or where
reliable estimate cannot be made. Obligations areassessed on going concern basis and
only those having a largely probable outflow of resources areprovided for. Contingent
liabilities, if any, are not provided for in the financial statements but are separately
shown by way of note. Contingent assets are neither recognised nor disclosed in the
financial statements.

q. Significant Notes:

i. Current Assets, Loans & Advances and Liabilities:

In the opinion of the Board, the value of realization of current assets, loans &

advances, if realized in the ordinary course of the business, shall not be less
than the amount, which is stated, in the current year Balance Sheet. The
provision for all known liabilities is reasonable and not in excess of the amount
considered reasonably necessary.

ii. Directors Remuneration:

During the year under consideration, the company has not paid director
remuneration to any director.

iii. Disclosure Requirement for Sundry Creditors Covered Under MSME Act,
2006:

As informed by the management, the Company has circulated confirmation for
the identification of suppliers registered under the Micro, Small and Medium
Enterprises Development Act, 2006.

The company has disclosed the amounts unpaid, if any as at the yearend together with
interest paid/payable relating to the suppliers from whom confirmation regarding their
status under the Micro, Small and Medium Enterprises Development Act, 2006 is
obtained.

iv. Previous Year's Figures:

Previous years' figures have been recast so as to make them comparable with
current year's figures.

21. DEFERRED TAX ASSETS / LIABILITIES

Provision for current tax is made after taking into consideration benefits admissible
under the provisions of Income-tax Act, 1961. Deferred tax resulting from timing
difference between book and taxation profit is accounted for using the tax rates and
laws that have been enacted or substantively enacted on the date of balance sheet.
The deferred tax asset and liabilities are recognized and carried forward only to the
extent that there is reasonable certainty that the assets will be realized in future.

22. ROUNDING OFF OF FIGURES

Figures have been rounded off to lakhs.

23. SEGMENT REPORTING

The accounting policies adopted for segment reporting are in conformity with the
accounting policies adopted for the Company. Revenue and expenses have been
identified to segments on the basis of their relationship to the operating activities for
the segment. Revenue and expenses, which relate to the Company as a whole and
are not allocable to segments on a reasonable basis, have been included under
"Unallocated corporate expenses/income.

28. Corporate Social Responsibility

The company is not covered under section 135 of The Companies Act, 2013.

29. Details of Crypto Currency

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

30. Additional Regulatory Information

i. Registration of Charges:

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

ii. Compliance with Number of Layers of Companies:

Since the Company does not have any holding/subsidiary, thus the clause is not
applicable.

iii. Relationship with Struck off Companies:

There are no transactions and balance outstanding to and from any struck off
companies as on the balance sheet date.

iv. Willful Defaulter:

Company is not declared willful defaulter by any bank or financial Institution or
other lender.

v. 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.

vi. Utilization of Borrowed funds and share premium:

a. 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 the company.

b. 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.