1. SIGNIFICANT ACCOUNTING POLICIES FOR THE YEAR ENDED ON 31-03-2025.
a) Basis of preparation
The financial statements of the Company have been prepared in accordance with Indian Accounting
Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended
from time to time) and presentation requirements of Division II of Schedule III to the Companies Act, 2013
.These financial statements are prepared under the historical cost convention on the accrual basis except
for Certain financial assets and liabilities measured at fair value (refer accounting policy regarding financial
instruments).
b) Revenue from Contract with Customer
Revenue towards satisfaction of a performance obligation is measured at the amount of transaction price
(net of variable consideration) allocated to that performance obligation. The transaction price of goods sold
and services rendered is net of variable consideration on account of various discounts and schemes offered
by the Company as part of the contract. The specific recognition criteria described below must also be met
before revenue is recognised.
Sale of Services
Revenue is recognized only when it can be reliably measured and it is reasonable to expect ultimate
collection. There is no amount not recognized as revenue during the year due to lack of reasonable
certainty.
Trade receivables
A receivable represents the Company's right to an amount of consideration that is unconditional (i.e., only
the passage of time is required before payment of the consideration is due).
c) Property, Plant & Equipment
There is no Property, plant and equipment at present in the books of the company.
d) Intangible Assets
There is no intangible assets in books of the company.
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