C) In the year 2020-2021 Company has Purchased 26800 sqmtrs Industrial Land and 1 Biga 7 biswa Agriculture land for Rs. 7,51,56,189 through open auction as directed by Hon.. N.C.L.T. Jaipur Bench Conducted by Official Liquidator on 31.8.2020. and the same sale deed registered in favour of the company on 03.02.2021 in Registrar Office Bhilwara. However, M/s Pammvi Consultancy Services ltd (An operational Creditor of Liquidated Company, Global Syntex Bhilwara Ltd) and GST department has filed a Legal suit before Hon N.C.L.T Jaipur Bench against Liquidator and also made the company as Respondent No. 4 as The Financial Creditor/Auction Purchaser. The matter is still pending before The N.C.L.T. Bench Jaipur and subjudice and Company does not anticipate any financial liability. The Order pronounced by Hon.NCLT on 23.04.2024 and the instant Application no IA(IBC)340/JPR/2029 of M/s Pammvi Consultancy Services Ltd and IA NO (IBC) NO 68/JPR/2022 of CGST Department is dismissed and stands disposed of, however in Hon. NCLT order it was directed that the Financial Creditors to return interest charged on finance amount required to be return,due to this liability of Rs.6147967.00 on account of interest has arisen but company has not accepted the said liability and has prefered appeal before the upper bench i.e.NCLAT.

2. EMPLOYEES BENEFITS PLANS

1. The Company makes contribution towards employees’ Provident Fund, Pension Fund, Under the rules of these schemes, the Company is required to contribute a specified percentage of payroll costs. During the year the Company has recognized Rs. 2.34 Lac as expenses to these plans.

3. Debtors, Creditors and advances are subject to confirmations, Reconciliations and adjustments, if any. The Management does not expect any significant variation and in the process of taking the necessary steps in this regard in the current year.

6. Based on the information available with the Company, no balance is due to Micro & Small Enterprises as defined under the Micro,Small and Medium Enterprises Development Act, 2006 as on 31st March 2025. Further during the year no interest has been paid or payable under the term of said act.

Note: Variance in Ratios due to variations in business volume and activity the year. Ratios for the current year have been calculated on the basis of different parameters so these are not comparable with previous year's ratios.

8. Figures for the previous Year have been restated/ regrouped/ rearranged wherever considered neccessary.