I. Provisions, Contingent Liabilities and Contingent Assets

Provisions involving substantial degree of estimation in measurement are recognised when there is a present obligation as a result so past event and it is probable that there will be outflow of resources. Contingent liability, which are considered significant and material by the company, are disclosed in the Notes to Accounts. Contingent Assets are neither recognised nor disclosed in financial statements.

J. Classification of Financial Assets

(i) Financial assets carried at amortised cost

A financial asset is subsequently measured at amortised cost if it is held within a business model whose objective is to hold the asset in order to collect contractual cash flows and the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

(ii) Financial assets at fair value through other comprehensive income

A financial asset is subsequently measured at fair value through other comprehensive income if it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets and the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

(iii) Financial assets at fair value through profit or loss

A financial asset which is not classified in any of the above categories is subsequently fair valued through profit or loss.

(iv) Financial liabilities

Financial liabilities are subsequently carried at amortized cost using the effective interest rate method. For trade and other payables maturing within one year from the balance sheet date, the carrying amounts approximate fair value due to the short maturity of these instruments.

(v) Equity instrument

An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments are recorded at the proceeds received, net of direct issue costs.

K. Borrowing Cost

Borrowing costs directly attributable to the acquisition, construction or production of a qualifying asset that necessarily takes a substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of the asset, until such time as the assets are substantially ready for the intended use or sale. Interest income earned on temporary investment of specific borrowings pending their expenditure on qualifying assets

is deducted from the borrowing costs eligible for capitalisation. The borrowing costs other than attributable to qualifying assets are recognised in the profit or loss in the period in which they incurred.

L. Cash and Cash Equivalent

For presentation in the Statement of Cash Flows, cash and cash equivalents includes cash on hand, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

Additional Disclosures

i) The Company does not hold any immovable property as at the balance sheet date. Accordingly, the reporting requirements relating to title deeds of immovable properties not held in the name of the Company are not applicable.

ii) No Revaluation of assets has been carried out by the company.

iii) The Company has during the year, not made investments in, provided any guarantee or security or granted any loans or advances in the nature of loans, secured or unsecured, to companies, firms, Limited Liability Partnerships or any other parties.

iv) The Company does not have any intangible asset under development.

v) The Company does not have any benami property, where any proceedings has been initiated or pending against the company for holding any benami property.

vi) The company has not taken any borrowings from bank. As such this clause is not applicable.

vii) Company is not declared wilful defaulter by any bank or financial institution or other lender

viii) The company does not have any transaction with companies struck off.

ix) The company does not have any charge or satisfaction which is yet to be registered with Registrar of Companies beyond statutory period.

x) The company has complied with clause 87 of Section 2 of the Act read with Companies (Restriction on number of Layers) Rule 2017.

xi) The company does not have any approved scheme of arrangements.

xii) The company has not traded or invested in Crypto Currency or virtual currency during the year ended March 31,2026.

xiii) The company has not advanced or loaned or invested funds to any other person or entities including foreign entities(intermediary) with the understanding that the intermediary shall:-

a) directly on indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company.

b) Provide any guarantee, security or the like to or on behalf of the ultimate beneficiary.

xiv) The company has not received any funds to any other person or entities including foreign entities(Funding Party) with the understanding(Whether recorded in writing or otherwise) that the company shall:-

a) directly on indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the funding party(Ultimate Beneficiary) or

b) Provide any guarantee, security or the like to or on behalf of the ultimate beneficiary.

xv) The company has no such transaction, not recorded in the books of account which have been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (43 of 1961)

xvi) The company is not covered under CSR