a. The Company has subdivided each Equity Share of the nominal value of Rs. 100/- (Rupees One Hundred Only) each, into 10 (Ten) Equity Shares of the Face Value Rs.10/- (Rupees Ten Only) each fully paid-up, vide resolution passed in EGM dated 14th October, 2022, effect of this bonus issue has been considered to calculate EPS.

b. The Authorised Share Capital of the company was increased from 3000000 Equity Shares of Rs.10/- each to 25000000 Equity Shares of Rs. 10/- each vide resolution passed in EGM dated 10th February, 2023.

c. The Company Has Subdivided each Equity Share of the nominal value of Rs.100/- (Rupees One Hundred only) each, into 10 (Ten) Equity Shares of Face Value Rs.10/- (Rupees Ten only) each fully paid up, vide resolution passed in EGM dated 14th October, 2022.

d. The issued 325500 equity shares of Rs.10/- each at premium of Rs. 101/- per share on 21st March, 2023.

e. The company issued 12878400 equity shares of Rs.10/- as bonus shares in the ratio of 4:1 i.e. (4 (four) bonus shares alloted against 1 (one) equity share held) as on 19th April, 2023.

f. The company issued 2601000 equity shares of Rs.10/- each at a premium of Rs. 26/- per share through its Initial Public offer during the F.Y. 2023-24.

NOTE 2B: Term/rights attached to equity shares:

The Company has only one class of equity shares having a par value of Rs 10 per share. Holder of each equity share is entitled to one vote. The Company declares and pays dividends in Indian Rupees.

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 to equity shareholders will be in proportion to the number of equity shares held by the shareholders.

1. Current Ratio changed by 25.24% for the year ended 31.03.2024 as compared to F.Y. 2022-23 due to increase in Current Assets for the year ended 31.03.2024

2. Debt Equity Ratio changed by 29.11% for the year ended 31.03.2024 as compared to F.Y. 2022-23 due to increase in Equity for the year ended 31.03.2024

3. Return on Equity ratio changed by 34.41% for the year ended 31.03.2024 as compared to F.Y. 2022-23 due to decrease in Net Profit for the year ended 31.03.2024

4. Trade receivable turnover ratio increased by 28.38% for the year ended 31.03.2024 as compared to F.Y. 2022-23 due to increase in Net Sales for the year ended 31.03.2023

5. Trade Payables Turnover ratio decreased by 77.44% for the year ended 31.03.2024 as compared to F.Y. 2022-23 due to increase in Net Purchase and decrease in Trade Payable for the year ended 31.03.2024

NOTE 1.20.

No transactions to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:

a) Crypto Currency or Virtual Currency

b) Benami Property held under Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder

c) Registration of charges or satisfaction with Registrar of Companies

d) Relating to borrowed funds

i) Wilful defaulter

ii) Utilisation of borrowed funds & share premium

iii) Borrowings obtained on the basis of security of current assets

iv) Discrepancy in utilisation of borrowings

v) Current maturity of long term borrowings

NOTE 1.21. DISCLOSURE OF TRANSACTIONS WITH STRUCK OFF COMPANIES

The Company did not have any material transactions with companies struck off under Section 248 of the Companies Act, 2013 or

I. Defined contribution plans

The Company has classified the various benefits provided to employees as under:

a. Employee State Insurance Fund

b. Employee Provident Fund

II. Defined benefit plans

Gratuity

The Company should provide for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/ termination is the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service, subject to a payment ceiling of INR 20,00,000/-. Based on the actuarial valuation obtained in this respect, the following table sets out the details of the employee benefit obligation as at balance sheet date:

a. The rate used to discount post-employment benefit obligations is determined by reference to market yields at the end of the reporting period on government bonds.

b. The estimates of future salary increases considered in the actuarial valuation take account of inflation, seniority, promotion and other relevant factors, such as supply and demand in the employment market.