(h) Provisions

A provision is recognized when the Company has a present obligation as a result of past event and it is probable that an outflow of resources will be required to settle the obligation, in
respect of which a reliable estimate can be made. Provisions are not discounted to its present value and are determined based on best estimate required to settle the obligation at the
balance sheet date. These are reviewed at each reporting and adjusted to reflect the current best estimates.

(i) Contingent liabilities & Assets

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events
beyond the control of the Company or a present obligation that is not recognized because it is not probable that an outflow of resources will be required to settle the obligation. A
contingent liability also arises in extremely rare cases where there is a liability that cannot be recognized because it cannot be measured reliably. The Company does not recognize a
contingent liability but discloses its existence in the financial statements.

(j) Borrowing Cost

Borrowing cost includes interest and amortization of ancillary costs incurred in connection with the arrangement of borrowings.

Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time to get ready for its intended use or sal
are capitalized as part of the cost of the respective asset. All other borrowing costs are expensed in the period they occur.

(k) Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at bank and in hand and short-term investments with an original maturity of three months or less.

(l) Investment

Investments, which are readily realizable and intended to be held for not more than one year from the date on which such investments are made, are classified as current investments
All other investments are classified as long-term investments.

On initial recognition, investments are measured at cost. The cost comprises the purchase price and directly attributable acquisition expenses such as brokerage, fees, and duties.

Where an investment is acquired wholly or partly by issuing shares or other securities, the acquisition cost is the fair value of the securities issued.

if an investment is acquired in exchange for another asset, the cost is determined with reference to the fair value of the asset given up or the investment acquired—whichever is mor
clearly evident,

Current investments are carried in the financial statements at lower of cost and fair value determined on an individual investment basis. Long-term investments are carried at cost
However, provision for diminution in value is made to recognize a decline other than temporary in the value of the investments. On disposal of an investment, the difference between it
carrying amount and net disposal proceeds is charged or credited to the statement of profit and loss.

24. EMPLOYEE BENEFITS

1(a) Gratuity Plan allowance 1

The Company operates a gratuity plan wherein every employee is entitled to a benefit equivalent to 15 days salary (includes dearness allowance)
last drawn for each completed year of service. The same is payable on termination of service, or retirement, or death, whichever is earlier. The
Benefit vests after five years of continuous service. Gratuity benefits are valued accordance with the Payment of Gratuity Act, 1972.

B) Capital commitments

There are no capital commitments to be reported as on March 31.2024 and March 31,2025

²⁹ company is Engaged into the business of providing Ý Logistic services Ý and "Warehousing Seizes" This is the only reportable segment in accordance with AS-17 'Operating Segment'

30 Other statutory information

(i) The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property,

(ii) The Company does not have any transaction with companies whose names have been struck off with the Registrar,

(iii) The Company does not have any charge or satisfaction which is yet to be registered with ROC beyond the statutory period.

(iv) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

(v) The Company has not advanced or loaned or invested funds to any other person(s) or entities, 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) Provided any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

(vi, The Company has not received any fund from any persons(s) or entity(les), Including foreign entities (Funding Party) with the understanding (whether recorded In writing or otherwise) that the Croup shall :

(a) Directly or indirectly lend or Invest In other persons or entities identified in ant manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries); or

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

(vii) The Company has not entered into any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as Income during the year In the tax assessments
(viii) The Company is not declared as wilful defaulter by any bank or financial or other lender,