b) Provisions

The timing of recognition and quantification of the liability require the application of judgement to existing facts and
circumstances, which can be subject to change. The carrying amounts of provisions and liabilities are reviewed regularly and
revised to take account of changing facts and circumstances.

c) Impairment of Financial and Non-Financial Assets

The impairment provisions for Financial Assets are based on assumptions about risk of default and expected cash 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.

In case of non-financial assets the company estimates asset's recoverable amount, which is higher of an asset's or Cash Generating
Units (CGU's) fair value less costs of disposal and its value in use.

In assessing value in use, the estimated future cash flows are discounted to their present value using pre-tax discount rate that
reflects current market assessments of the time value of money and the risks specific to the asset. In determining fair value less
costs of disposal, recent market transactions are taken into account, if no such transactions can be identified, an appropriate
valuation model is used.

d) Fair Value Measurement

For estimates relating to fair value of financial instruments refer note 27 of financial statements.

The estimates of rate of escalation in salary considered in actuarial valuation, take into account inflation, seniority, promotions, past
experience and other relevant factors including supply and demand in the employment market. The above information is certified by
the actuary.

The Expected Rate of Return on Plan Assets is determined considering several applicable factors, mainly the composition of Plan assets
held, assessed risks, historical results of return on Plan assets and the Company's policy for Plan Assets Management.

VII. The expected contributions for Defined Benefit Plan for the next financial year will be in line with FY 2024-25.

VIII. Sensitivity Analysis

Significant Actuarial Assumptions for the determination of the defined benefit obligation are discount trade, expected salary
increase and employee turnover. The sensitivity analysis below, have been determined based on reasonably possible changes of the
assumptions occurring at end of the reporting period, while holding all other assumptions constant. The result of Sensitivity analysis
is given below:

*The Company has been advised that the demand raised is likely to be either deleted or substantially reduced and accordingly
no provision is considered necessary.

(ii) The Income -Tax Assessments of the Company have been completed up to Assessment Year 2020-21. The total demand upto
Assessment Year 2020-21 is ' 2 Lakh as on date. Based on the decisions of the Appellate authorities in its own case and the
interpretations of other relevant provisions of the Income tax Act, 1961, the demand raised is likely to be either deleted or
substantially reduced and accordingly no provision is considered necessary.

(iii) The Company has no contracts remaining to be executed on capital account.

26 Capital Management

The Company manages its capital to ensure that it will continue as going concern while maximising the return to stakeholders. The
company manages its capital structure and makes adjustment in light of changes in business condition. The overall strategy remains
unchanged as compare to last year.

The financial instruments are categorized into three levels based on the inputs used to arrive at fair value measurements as
described below:

Level 1 : Quoted prices (unadjusted) in active markets for identical assets or liabilities;

Level 2: Inputs other than the quoted prices included within Level 1 that are observable for the asset or liability, either directly
or indirectly; and

Level 3: Inputs based on unobservable market data.

Valuation Methodology

All financial Instruments are initially recognised and subsequently re-measured at fair value as described below:

a) The fair value of investments in quoted Equity Shares, Bonds and Mutual Funds is measured at quoted price or NAV.

b) All foreign currency denominated assets and liabilities are translated using exchange rate at reporting date.

B. Financial Risk management

The Company's activities expose it to liquidity risk and credit risk. This note explains the sources of risks which the entity is
exposed to and how it mitigates that risk.

Liquidity Risk

Liquidity risk is the risk that suitable sources of funding for the company's business activities may not be available. Prudent
liquidity risk management implies maintaining sufficient cash and marketable securities and the availability of funding through
an adequate amount of committed credit facilities to meet obligations when due, so that the company is not forced to obtain
funds at higher rates. The Company monitors rolling forecasts of the Company's cash flow position and ensure that the Company
is able to meet its financial obligation at all times including contingencies.

Credit Risk

Credit risk is the risk that a customer or counterparty to a financial instrument will fail to perform or pay amounts due causing
financial loss to the company. It arises from cash and cash equivalents, derivative financial instruments, deposits from financial
institutions and principally from credit exposures to customers relating to outstanding receivables. The Company deals with
highly rated counterparties.

Market Risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market
prices. Market risk comprises three types of risk: interest rate risk, currency risk and other price risk, such as equity price risk and
commodity risk. The Company is not exposed to interest rate risk, currency risk and commodity price risk.

28 The Company is mainly engaged in 'Infrastructure and Support Services Activities' catering to Indian customers. All the activities of
the Company revolve around this main business. Accordingly, the Company has only one identifiable segment reportable under
Ind AS 108 “Operating Segment” The Executive Director (the Chief Operational Decision Maker as defined in Ind AS 108 - Operating
Segments) monitors the operating results of the entity's business for the purpose of making decisions about resource allocation and
performance assessment.

Revenue of ' 48 88 Lakh (Previous Year ' 57 43 Lakh) arose from Sale of Services to Reliance Industries Limited (Entity exercising
significant influence, the largest customer). No other single customer contributed 10% or more to the Company's revenue for both
FY 2024-25 and FY 2023-24.

29 Details of Loans Given, Investments Made, Guarantees Given and Securities Provided during the year covered under Section
186 (4) of the Companies Act, 2013.

i) Loans given Nil (Previous Year Nil)

ii) Investments made are given under respective heads.

iii) Guarantees given and Securities provided by the Company in respect of loan Nil (Previous Year Nil)

* Capital employed includes Equity, Deferred Tax Liabilities and reduced by Investments, Cash and Cash Equivalents.

$ Excluding Investments in Equity Shares.

** Excluding Other Non Operating Income

31 Other Statutory Information:

(i) There are no balances outstanding with struck off companies as per Section 248 of the Companies Act, 2013.

(ii) The Company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities
(Intermediaries) with the understanding that the Intermediary shall:

(a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
company (Ultimate Beneficiaries), or

(b) Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

(iii) The Company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the
understanding (whether recorded in writing or otherwise) that the Company shall:

(a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
Funding Party (Ultimate Beneficiaries), or

(b) Provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

(iv) The Company does not have transactions which are not recorded in the books of accounts that has been surrendered or disclosed
as income during the year in the tax assessments under the Income-tax Act, 1961.

32 Approval of Financial Statements

The Financial Statements were approved for issue by the Board of Directors at its meeting held on April 16, 2025.

33 Events After the Reporting Period

The Board of Directors have recommended dividend of ' 3.50 per equity share of ' 10/- each on the Paid-up Capital of ' 15 10 Lakh for
the year ended March 31, 2025, subject to approval by the members at the ensuing Annual General Meeting of the Company.

34 The figures for the corresponding previous year have been regrouped/ reclassified wherever necessary, to make them comparable.

As per our Report of even date For and on behalf of the board

For Chaturvedi & Shah LLP Mahesh K. Kamdar Sanjiv Singh Achuthan Siddharth

Chartered Accountants Chairman Director Director

Firm Registration No.: 101720W/ W100355 DIN: 00013915 DIN: 05280701 DIN: 00016278

Gaurav Jain Riddhi Bhimani Rahul Dutt

Partner Director Director

Membership No: 129439 DIN: 10072936 DIN: 08872616

Vipin Chandra Sati Amitkumar Mundhe Praveen Baser

Executive Director Company Secretary Chief Financial Officer

Date: April 16, 2025 DIN: 10968198