l Provisions

A provision is recognised when the Company has a present obligation as a result of past event and it is probable that an
outflow of resources will be required to settle the obligation, in respect of which reliable estimate can be made. Provisions
(excluding retirement benefits and compensated absences) are not discounted to its present value and are determined
based on 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.

m Cash and cash equivalents

The Company considers all highly liquid financial instruments, which are readily convertible into known amount of cash
that are subject to an insignificant risk of change in value and having original maturities of three months or less from the
date of purchase, to be cash equivalents.

For, Bharat Global Developers Limited For K M Chauhan & Associates

Chartered Accountants
FRN -125924W

Mr. Keyurkumar Patel

Director CA Bhavdip P Poriya

DIN: 10822762 Partner

M. No-154536
Place: Ahmedabad

Mr. Sanjay Valgotar Date : 28/05/2025

Director

DIN: 10946536