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You can view the entire text of Notes to accounts of the company for the latest year

BSE: 538521ISIN: INE969E01010INDUSTRY: Travel Agen. / Tourism Deve. / Amusement Park

BSE   ` 103.00   Open: 100.00   Today's Range 100.00
103.00
+3.00 (+ 2.91 %) Prev Close: 100.00 52 Week Range 68.00
133.90
Year End :2025-03 

3 Provisions and Contingencies

The assessments undertaken in recognizing provisions and contingencies have been made in accordance with Ind
AS 37, 'Provisions, Contingent Liabilities and Contingent Assets'. The evaluation of the likelihood of the contingent
events requires best judgment by management regarding the probability of exposure to potential loss. If
circumstances change following unforeseeable developments, then this likelihood could alter.

4 Income Taxes

Management judgment is required for the calculation of provision for income taxes and deferred tax assets and
liabilities. The Company reviews at each balance sheet date the carrying amount of deferred tax assets/liabilities.
The factors used in estimates may differ from actual outcome which could lead to significant adjustment to the
amounts reported in the standalone financial statements.

5 Impairment of Financial assets

The impairment Provisions for financial assets are based on assumptions about risk of default and expected loss
rates. The company uses judgement in making these assumptions and selecting the inputs to the impairment
calculation, based on Company's past history, existing market conditions as well as forward looking estimates at
the end of each reporting period.

O9.1- Terms and rights attached to equity shares:

The Company has only one class of shares referred to as equity shares having a par value of Rs 10/ Each Holder of equity shares is
entitled to one vote per share and dividend as and when declared by the Company.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive any of the remaining assets of the
company, after the distribution of all preferential amounts.

The distribution will be in proportion to the number of equity shares held by the shareholders.

Nature and purpose of other reserves
(I) Capital Reserve

It is a reserve of a corporate enterprise which is not available for distribution as dividend. The reserve will be utilised in accordance
with the provision of the Act.

(ii) General Reserve

General reserve is used for strengthening the financial position and meeting future contingencies and losses.

Note on Social Security Code: The Code on Social Security, 2020 ['Code') relating to employee benefits during
employment and post employment benefits received Presidential assent in September 2020. The Code has
been published in the Gazette of India. Certain sections of the Code came into effect on 3rd May 2024.
However, the final rules/interpretation have not yet been issued. The Company will evaluate the Code and its
rules, assess the impact, if any and account for the same once they become effective.

Market Risk

Market risk is the risk that The fail value ur future cash flows of a financial instrument will fluctuate because of changes in market prices. market price, comprise three types of
financial instruments affected by market risk include loans and borrowing, deposits, investments, and derivative financial instruments.

Credit Risk

Credit risk is The risk that a counter party will not meet its obligations under a financial instrument or customer contract, leading to a financial loss.

Liquidity risk

Liquidity risk is the risk that the Company may not be able to meet its present and future cash and collateral obligations without incurring unacceptable losses.

Risk Management framework

The Company's over all risk management programme focuses on the unpredictability of financial markets and seeks Id minimise potential adverse effects on The Company's
financial performance.

Risk management is carried out by the board of directors. The Board of Directors identifies,, evaluates and hedges financial risks in close co-operation with The Company's
operating units. the board provides principles for overall risk management, as well as policies covering specific areas, such as foreign exchange risk, interest rale risk, and credit
risk, use of derivative financial instruments and non-derivative Financial instruments, and investment of excess liquidity.

1_ Market Risk
Interest Rate Risk

Interest rate risk is the- risk, that the fair value of The future -cash flows of the Financial instrument will fluctuate because of changes in market interest rates. In order to manage
the interest rate lisk, the board of directors performs a comprehensive corporate interest rate risk management by balancing the proportion of fixed interest rate and Boating
rate financial

The company doe not have any significant market risk in view of the financial instruments held by the company.

2_ Credit risk

Credit risk arises from the possibility Chat Che counter party may not be able to settle their obligations as agreed. To manage
this, the Company periodically assess financial reliability of costumers, Liking into account the financial condition, our lent
economic trends, and ageing of accounts [receivable.

2. Liquidity Risk

The Company's objective is Lo maintain optimum levels of liquidity to meet its cash and collateral requirements

The Croup is not exposed to liquidity risk- It has surplus funds with banks and does not anticipate any problem in obtaining external funding in the foreseeable future when The
need arises.

The billowing are the contractual maturities of non -derivative financial Liabilities, based on contractual cash flaws:

note No. 30. Disclose as per Ind AS 113 ‘Fair Value Measurement1
Fair Value Hierarchy

All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the lair value hierarchy, described as billows, based an the
lowest level inpuL that is significant to the fair value Measurement as a whole:

Level 1 Level 1 hierarchy includes financial instruments measured using quoted prices. This Includes listed equity instruments that have quoted price. Listed and actively traded
equity instruments are staLed at the last quoted dosing price on the national Stock Exchange of India Limited | NSE ,|.

Level 2- The fair value of financial instruments Ghat are not traded in active market is determined using valuation techniques Which maximize the use of observable market data
and rely as little as possible on entity specific estimates. If all significant inpuLs required to fair value an instrument are observable, the instrument is included in level 2.

Level 3- ifI one or mare of the significant inputs is not based on observable market data, the instrument is included in level 2. The fair value of the financial assets and liabilities
included in Level 3 is determined in accordance with generally accepted priding models based on discounted! cash (low analysis using prices from observable current market
Transactions and dealer quotes of similar instruments. This level includes foreign exchange forward contracts and investments in unquoted equity instruments.