t Provisions, Contingent liabilities and
Contingent assets

- A provision is recognized when the company has a
present obligation as a result of 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. Provisions are not
discounted to their present value and are
determined based on best management 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
management estimates.

- A contingent liability is a possible obligation that
arises from past events whose existence will be
confirmed by the occurrence or non-occurrence of
one or more uncertain future events beyond the

control of the company or a present obligation that
is not recognized because it is not probable that an
outflow of resources will be required to settle the
obligation. A contingent liability also arises in
extremely rare cases where there is a liability that
cannot be recognized because it cannot be
measured reliably. The company does not
recognize a contingent liability but discloses its
existence in the financial statement.

u Corporate social responsibility

As per Section 135 of the Companies Act, 2013, a
company, meeting the applicability threshold,
needs to spend at least 2% of its average net profit
for the immediately preceding three financial years
on corporate social responsibility (CSR) activities.
The areas for CSR activities are eradication of
hunger and malnutrition, promoting education, art
and culture, healthcare, destitute care and
rehabilitation, environment sustainability, disaster
relief and rural development projects. A CSR
committee has been formed by the Company as per
the Act.

v Related party disclosure

The disclosure in respect of the related parties and
disclosure in respect of transactions made during
the period along with the details of transactions
giving name of the related party, nature of relation,
nature of transactions, volume of transactions, have
been given in the notes forming part of financial
statements. The disclosures in that respect made by
the management have been relied upon by the
Auditors.

w Prior period items

Materials item s of income or expenditure
pertaining to one or more prior periods have been
disclosed in the financial statements in a manner
that their impact on the current profit or loss can be
perceived.

- Company has issued Bonus shares having face value of ' 10/- each fully paid up to the existing Equity Shareholders of the
company, in the proportion of 1[One] new fully paid up Equity Share of ' 10/- each for every 2[Two] existing Equity Shares of
' 10/- each held by members as on the record date i.e May, 24, 2024 by utilising capital redemption reserve of ' 1,00,00,000 and
free reserves to the extent of ' 2,75,00,000.

- Company has utilised the securities premium against the public issue expenses as Prescribed under the Section 52 of
Companies Act,2013.

- During the year, the Company paid a final dividend of ' 0.75 per equity share of '10 each pertaining to the financial year ended
March 31,2025. The dividend was recommended by the Board of Directors at its meeting held on May 15, 2025, approved by the
shareholders at the ensuing Annual General Meeting and subsequently paid during the year.

Securities Premium Reserve

The Securities Premium Reserve represents premium received on issue of shares and is maintained in accordance with the
provisions of the Companies Act, 2013. The reserve can be utilized only for purposes specified under the Act, including issue
of fully paid bonus shares, writing off share issue expenses, and other permitted capital purposes.

Capital Redemption Reserve

The Capital Redemption Reserve is created out of distributable profits upon redemption of preference shares or buy-back of
shares, as required under the Companies Act, 2013. The reserve is maintained to preserve the Company's capital and may be
utilized only for issuing fully paid bonus shares.

Surplus in Statement of Profit and Loss

The Surplus in Statement of Profit and Loss represents accumulated earnings of the Company that are available for appropriation
in accordance with applicable legal and regulatory requirements, including declaration of dividends, transfer to reserves, and
other corporate purposes approved by the Board and shareholders, where required.

1) An Order dated 17/12/2025 issued by GST department for Tax period APR 2018 to MAR 2022 for demand of ' 291.72 lacs
Which Includes Tax & Penalty.Company has view that demand by GST department is incorrect so company has filed Appeal
against the same.

2) An Order dated 30/12/2025 issued by GST department for Tax period APR 2018 to MAR 2019 for demand of ' 518.35 lacs
Which Includes Tax, Penalty & interest.Company has view that demand by GST department is incorrect so company has filed
Appeal against the same.

3) An Order dated 29/12/2025 issued by GST department for Tax period APR 2018 to MAR 2019 for demand of ' 48.7 lacs Which
Includes Tax, Penalty & interest.Company has view that demand by GST department is incorrect so company has filed Appeal
against the same.

4) The Company has received Orders dated March 25, 2026 and March 30, 2026 from the Goods and Services Tax Department in
respect of the tax period April 2019 to March 2020, raising an aggregate demand of '1853.08 lacs, comprising tax and
penalty. As at 31 March 2026, appeal against the said orders has not been filed by the Company.

5) An order Dated 06/03/2025 is issued by Income Tax Department for A.Y 2020-21 for demand of ' 14.21 lacs. Company is of
theview that demand by Income Tax Department is incorrect an hence appeal is led for the same.

6) The Company has received Orders dated December 29, 2023 and October 24, 2024 from the Goods and Services Tax
Department in respect of the tax period of 2018-21, raising an aggregate demand of ' 1693.2 lacs, comprising tax and
penalty. Company has view that demand by GST department is incorrect so company has filed Appeal against the same.

38 Registration of Charge

The Company has modified the existing charge in favour of State Bank of India vide Supplemental Agreement of Loan-cum-
Hypothecation dated March 16, 2026 for enhanced credit facilities aggregating to ' 70.25 Crores. The charge is secured by an
exclusive hypothecation of the Company's entire current and movable assets including stocks, raw materials, book debts, plant
& machinery and other movable assets. The facilities are repayable on demand and carry interest at the applicable contractual
rate. The charge has been registered with the Registrar of Companies through Form CHG-1.

39 Compliance with number of layers of Companies

The Company has complied with the provisions of clause (87) of section 2 of the Act read with the companies (Restriction on
number of Layers) Rules, 2017

Reasons for Variances

Current Ratio - The current ratio decreased mainly due to significant increase in current liabilities, particularly customer
advances received during the year

Debt-Equity Ratio - Increase mainly due to increase in borrowings for business expansion/working capital requirements on
account of increase in value of inventory.

Debt Service Coverage Ratio - Ratio increased mainly due to higher earnings available for debt servicing and lower debt
repayment obligations during the year.Return on Equity Ratio - Increase due to significant growth in profit after tax compared
to previous year.

Return on Equity Ratio - Increase due to significant growth in profit after tax compared to previous year.

Inventory Turnover Ratio - Decrease due to comparatively higher average inventory holding during the year.

Net Capital Turnover Ratio - Decrease due to increase in working capital base compared to growth in turnover.

Net Profit Ratio - Varinace in net profit ratio is due to increase in profitability.

41 Disclosure where company has given loan or invested to other person or entity to lend or invest in another person
or entity

The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities
(Intermediaries) with the understanding that the Intermediary 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) or

(b) provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries.

42 Disclosure where company has received fund from other person or entity to lend or invest in other person or entity

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:

(a) 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

(b) provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

43 Undisclosed I ncome

The Company does not have any such transactions which is 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.

Nature of CSR activities

Company has donated the amount as part of CSR activity for Education of Children

45 Details of Crypto Currency

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

46 Other Statutory Disclosures as per the Companies Act, 2013

The company has not entered with any scheme of arrangement in terms of sections 230 to 237 of Companies Act, 2013
The financial statements are presented as per Schedule III of the Companies Act 2013 bifurcating assets and liablities in
current and non-current based on the normal operating cycle identified by the management.

47 Subsequent Events

The Board of Directors of the Company at their meeting held on May 08,2026, has proposed afinal Dividendof ' 1.25 per
equity share (Face Value of ' 10/- each). Same is subject to approval of Shareholders in the ensuing Annual General Meeting.

48 Unutilised Proceeds from Initial Public Issue

The unutilized proceeds of the Initial Public Offering (IPO), as disclosed in the Prospectus dated January 06, 2025, have been
utilized towards the working capital requirements of the Company in line with the stated objects of the IPO. This matter was
placed before the shareholders at the 9th Annual General Meeting of the Company held on September 30, 2025. After due
consideration, the shareholders passed the resolution confirming the utilization of the IPO proceeds accordingly.

49 Regrouping

Previous year figures have been regrouped / reclassified wherever necessary to conform to the current year's presentation
and disclosure requirements.

50 Payment of Rs.1,71,110 for Import of Stores and Consumables is due since November 2022. Company will initiate the
process of write-back after the completion of 4 years with the approval of RBI.

51 Break up of expenditure on employees who are in receipt of remuneration which in aggregate was not less than Rs.
1,02,00,000/- p.a. if not employed throughout the year or Rs. 8,50,000/- p.m. if employed for a part of the year is : None (P.Y.
None).

52 Unhedged Foreign Currency as the year End - NIL (PY - NIL)

53 Figures are rounded off to the nearest Rupees in lakhs