* Property Tax has been paid under MCD Amensty Scheme amounting to Rs. 10.62 Crores during the Financial Year 2025-26 and thereafter No Dues Certificate has been received from the MCD.

**“ CJSC CHL International, our subsidiary Company had agreed for a term loan of USD 32.50 million from Export Import Bank of India (“EXIM Bank”) for construction of a five-star hotel in Dushanbe, Tajikistan. To secure the above loan Corporate and Personal Guarantees were executed by CHL Limited and Late Dr. L K Malhotra respectively.

EXIM Bank filed an application before National Company Law Tribunal, Delhi (“NCLT”), against CHL Limited, the Corporate Guarantor, which was dismissed by NCLT. This judgment was upheld by the National Company Law Tribunal (NCLAT). EXIM Bank challenged the NCLAT judgement by way of Civil Appeal before the Hon'ble Supreme Court which is pending adjudication.

Exim Bank also filed original application for claiming an amount of USD 44,611,207 along with pendente lite and future interest against CHL Ltd, the corporate guarantor, and Late Mr. Lalit Malhotra, before Debt Recovery Tribunal - III, New Delhi (DRT-III), which is pending adjudication.

During the pendency of the above cases, One Time Settlement (OTS) was executed between EXIM Bank, the Principle Borrower and Guarantors crystallizing the liability of CJSC CHL International to USD 34 million vide letter dated 16th February 2026 and said OTS is under execution as on balance sheet date. Part payments of EXIM Bank Term Loans of USD 4.31 Million has been made under proposed OTS Scheme during the FY 2023-24, FY 2024-25 & FY 2025-26.

27. i) Other advances are for business purposes and do-not carry interest. ii) Legal & Professional charges include payment of auditors.

28. The Fixed Deposits are pledged with:

i) Statutory Authorities - Rs. Nil (Rs.1.77 lacs),

ii) BSES - Rs.44.92 lacs (Rs. 42.29 lacs).

29. Estimated amount of contracts remaining to be executed on capital account, net of advances:

This year is Rs.80.37 lacs (previous year Rs.70.64 lacs).

30. Debts due to or by the company, are generally confirmed in most of the cases by the parties.

31. In the opinion of the management, the assets of the company have a value on realization, in the normal course of business, at least equal to the amounts stated in the balance sheet.

32. MICRO AND SMALL ENTERPRISES

The company has generally received information from vendors regarding their status under the Micro, Small and Medium Enterprises Development Act 2006 and hence disclosure relating to the amounts unpaid at the year-end under this Act is Nil. There is no overdue payment and hence no interest has been provided.

33. EMPLOYEES BENEFITS Defined Contribution Plans

Retirement benefit in the form of provident fund, family pension fund and ESI is a defined contribution scheme.

Defined Benefit Plans

In accordance with Ind AS 19, actuarial valuation was done in respect of Gratuity and Compensated absence-Earned Leave. The gratuity liability amount contributed to an approved gratuity fund. The Compensated absence - Earned leave is calculated based on the following assumptions:-

37. The company, in respect of financial year commencing on 01.04.2025, has used accounting software for maintaining its books of accounts which have a feature of recording audit trail (edit log) facility and the same has been operated throughout the year for all relevant transactions recorded in the software except that it is not possible to comment if the audit trail (audit log) facility was enabled for accounting software in respect of maintenance of property plant and equipment records operated by a third party service provider in absence of independent auditor's report in relation to control at the third party service provider. Further, there is no instance of audit trail feature being tampered with.

38. Amount transferred to Investor Education and Protection Fund as required under section 124 and 125 of the Companies Act 2013 - Rs. Nil (Previous Year Rs. Nil lacs)

39. FINANCIAL RISK MANAGEMENT

The Company's financial risk management is an integral part of how to plan and execute the business strategies. The Company's financial risk management policy is set by the Managing Board.

i. Credit Risk

a) Credit risk on trade receivables is managed by ensuring that credit is extended to customers with an established credit history. To manage this, the Company periodically assess the financial reliability of customer taking into account the credit history, past experience

and other relevant factors. Individual risk limits are set accordingly. In respect of walk-in customers, the Company does not allow any credit period and therefore is not exposed to any credit risk.

b) Financial assets are written off when there is no reasonable expectation of recovery, such as a debtor failing to engage in a repayment plan with the Company and the debt is outstanding for a sufficient period and depending upon case to case basis. Where loans or receivables have been written off, the Company continues to engage in enforcement activity to attempt to recover the receivable dues. When recoveries are made, these are recognized in profit or loss.

The Company believes that no impairment allowance is necessary in respect of abovementioned financial assets. Balance with banks are subject to very low credit risk due to good credit rating assigned to these banks.

ii. Liquidity Risk

Liquidity risk is the risk that the company will encounter difficulty in meeting obligations associated with financial liabilities. The board has developed a risk management framework for the management of the company's short, medium and long-term liquidity requirements thereby ensuring that all financial liabilities are settled as they fall due. The company manages liquidity risk by continuously reviewing forecasts and actual cash flows, and maintaining banking facilities to cover any shortfalls.

iii. Capital Management

For the purpose of the Company's capital management, capital includes issued capital and all other equity reserves. The primary objective of the Company's Capital Management is to maximize shareholder value. The Company manages its capital structure and makes adjustments in the light of changes in economic environment and the requirement of the financial covenants.

a. Property Tax has been paid amounting to Rs. 10.62 Crores to MCD during the financial year under amnesty scheme.

b. Calculation of the Gratuity under the New Labour Codes has been assessed by the Actual and increased to Rs. 152 Lacs during the FY 2025-26 Vs Rs. 49 Lacs duringing the FY 2024-25.

40. Segment Reporting:

The Company operates only in one reportable segment, i.e. Hospitality/Hotel Business.

41. Previous year's figures have been regrouped and rearranged wherever necessary to make it comparable with the Current Years figures. All figures have been rounded off to nearest lac rupee.