23(A) SIGNIFICANT ACCOUNTING POLICIES Basis of Preparation

These financial statements have been prepared in accordance with the Generally Accepted Accounting Principles in India (Indian GAAP) including the Accounting Standards notified under Section 133 of the Companies Act, 2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and the relevant provisions of the Companies Act, 2013.The financial statements have been prepared under the historical cost convention on accrual basis

b) Use of Estimates:

The preparation of the financial statements in conformity with the Indian GAAP requires the Management to make estimates and assumptions considered in the reported amounts of income, expense and assets and liabilities ( including contingent liabilities) at the end of the reporting period. Although these estimates are based on management's best knowledge of current events and actions, uncertainly about the asumptions and estimates could result in the outcomes resulting a material adjustment to the carrying amount of assets and liabilities in future periods.

The Management believes that the estimates and assumptions used in the presentation of financial statements are prudent and reasonable. Actual result could differ from these estimates.

c) Property Plant & Equipments and Intangiable assets & Depreciations:

An item is recognised as an assets, if and only if, it is probable that economic benefits associated with the item will flow to the Company and

its cost can reliably be mesured. PPE are initially recognised at cost. The initial cost of PPE comprises its purchase price (incuding non refundable duties and taxes but excluding any trade discounts and rebates), any directly atributable cost of bring the asset to its present working conditions and locations for its intended use.

Subsequent to initial recognition, PPE are stated at cost less accumulated depreciation and imparement losses. When significant parts of

PPE are required to be replaced in regular intervales, the Company recognises such parts as separate component of assets. When an item

of PPE is replaced, then its carrying amount is de-recognised from the balance sheet and cost of the new item of PPE is recognised.

The expenditure that are incurred after the item of PPE are ready for its intended use, such as repairs and maintenance, are normally charged against the revenue in the profit & loss statement in the period in which costs are incurred. However, in situations where such expenditure incurred can be mesured reliably, and is probable that economic benifits associated with it will flow to the Company, it is included in the assets carrying value or as a seperate asset, as appropriate.

Depreciation is provided based on Written Down value method over the useful life of respective fixed assets in accordance with Schedule-II

(Section 123) of Companies Act, 2013. The Residual value of all fixed assets has been prescribed at 5% of their original cost.

The cost and accumulated depreciation for PPE sold, discurded or otherwise disposed off are derecognised from balance sheet and the

resulting loss or gains are included in the statement of profit and loss within other expenses / other income.

The company has not revalued its Property,Plant and Equipment (including Right-of -use Asset) since the Company has adopted cost model as its accouting policy to an entire class of Property, Plant and Equipment .

Capital work in progress includes cost of property, plant and equipment under installation/under development as at the balance sheet date.

For in-house software capitalized during the year rate of deprecation which is different from the deprecation rate prescribed the companies act 2013.based upon nature of software and expected life of software for 20 years it has been amortized at rate of 13.91 % on written down value method

Borrowing Costs:

d)

Borrowing costs relating to acquisition of qualifying assets are capitalized untill the time of substantial activities necessary to prepare the qualifying assets for their intended use are complete. A qualifying assets is one that necessarily takes substantial period of time to get ready for its intended use. All other borrowing costs are charged to revenue.

e) Investments:

Investments that are readily realizable and intended to be held for not more than a year are classified as current investment. All other investments are classified as long term investments. On initial recognition,all investment are measured at cost .The cost comprises purchase price and directly attrbibutable acquisition cost such as brokerage,fees and duties.No provision is made for temporary diminution in value of investments.On disposal of an investment ,the difference between its carrying amount and net disposal proceeds is charged or credited to the statement of profit and loss

f) Revenue Recognition:

Revenue from Services : Revenue from rendering of services is recognized on performance of the service agreement,on the basis of completed service contract method and to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured, and no significant uncertainty exists regarding the amount of consideration that will be derived.

Revenue From Interest: Revenue from interest are recognized on time proportion basis taking into account the amount outstanding and at the rate applicable

Dividends: Revenue from Dividends are recognized only when the owner's right to receive is established. Other revenue : Other revenue such as gain on sale of assets or current investments are recognized when they are actually realized.On disposal of an investments,the difference between its carrying amount and net disposal proceeds is charged or credited to the statement of profit and loss.

g) Employees Benefits :

The Company's employee benefits mainly includes, salary, wages, bonus and incentives.The employee benefits are recognised in the year in which the associated services are rendered by the employees of the Company.Short term employee benifits are recognised in the statement of profit & loss at undiscounted amounts during the period in which the services have been rendered. Details of long term employee benifits are provided below.

Defined Contribution Plan: A defined contribution plan is a post-employment benefit plan under which an entity pays fixed contributions to a statutory authority and have no legal or constructive obligation to pay further amounts. The Company's contributions to defined contribution plans are recognised as an expense in the statement of profit & loss as and when the servives are rendered by employess. The Company has no further obligations under these palns beyond its periodic contributions.

Defined Benefit Palns: A defined benifit plan is a post-employment benefit plan other than difined contribution plan. Under defined benefit plans the Company provides retirement obligation in the form of gratuity. Under the paln, a lum sum amount is made to eligible employees at retirement or termination of employment based on respective employee's salary and years of services with the Company. The Company records the liability based on actuarial valution under the projected unit credit method.

Other long term employee benefits: Other long term employee benefits such as encashment of leave balances that were earned by employees over the past period of services are not provided to the employees.

Taxation:

h)

Current Tax: Tax Expense comprises of current and deferred tax. Current Income tax is measured at the amount expected to be paid to the tax authorities in accordance with the Income Tax Act, 1961.

Deferred Tax: Deferred tax liabilities or assets on timing differences are measured on timing difference of taxable income as per statutory rate of Income tax as applicable and tax on accounting income which are capable of reversal in subsequent period. Deferred tax assets recognised in accordence with prudence in terms of Accounting Standard-22.

i) Earning per Share:

Basic earning per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders (after deducting attributable taxes) by the number of equity shares outstanding during the period. Diluted earning per shares are calculated on the basis of weighted average number of equity shares outstanding during the year.

j) Compliances with Accounting Standards:

The Company is a Small and Medium Sized Company (SMC) as defined in the General Instructions in respect of Accounting Standards specified under section 133 of the Companies Act,2013. Accordingly, the Company has complied with the Accounting Standards as applicable to a Small and Medium Sized Company.”

k) Foreign Currency Transactions

Transaction in foreign currency are translated into Indian Currency using the exchange rates prevailing ata the date of transactions.

l) Provisions and Contingencies

A provision is recognised when the company has a present obligation as a result of past event. It is probabale that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made. provisions are not discounted to their present value and are determind based on estimates and reveiewed at each reporting date and adjusted to reflect the current estimate.

A contingent liability is a possible obligation that arises from past events whose existance 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 recognised because it is not probable that an outflow of resources will be required to settle the obligation. The Company does not recognise a contingent liability but discloses its existence in the financial statements by way of notes. Contingent assets are neither recognised nor disclosed in the financial statements.

m) Interest in Significant Joint Venture:

The company has recognised investment in joint venture at cost in accordance with accounting standard 13 on investment.

n) Impairment of Property, Plant & Equipment

The carrying amount of assets are reviewed for impairment at each reporting date.An impairment loss is recognised for the amount by which the assets' carrying amount exceeds its recoverable amount. The recoverable amount is the higher of the assets netselling price and value in use. To calculate value in use, estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects the current market rates and risk specific to the asset. For an asset that does not generate largly independent cash flows, the recoverable amount is determined for the cash generating unit to which the asset belong. Net selling price is best estimate of the amount obtainable from sale of the asset in an arm's length transactions between knowledgable, willing parties, less cost of disposal.

O) Other Accounting Policies:- Other Accounting Policies which are not covered hereinabove are consistent with generally accepted accounting

principals applicable in india

23(B) NOTES ON ACCOUNTS

Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker, in deciding how to allocate resources and assessing performance. The Group's chief financial decision maker is the Chief Financial Officer and Managing Director. The Group has identified business segments (‘industry vertical') as reportable segments. The business segments comprise: 1) Banking, Financial Services and Insurance, 2) Non Banking, Financial Services and Insurance . Revenue and expenses directly attributable to segments are reported under each reportable segment. Expenses which are not directly identifiable to each reporting segment have been allocated on the basis of associated revenue of the segment or manpower efforts. All other expenses which are not attributable or allocable to segments have been disclosed as unallocable expenses.

The assets and liabilities of the Group are used interchangeably amongst segments. Allocation of such assets and liabilities is not practicable and any forced allocation would not result in any meaningful segregation. Hence assets and liabilities have not been identified to any of the reportable segments. Summarised segment information for the years ended March 31,2025 and 2024, is as follows:Year ended March 31,2025 (' Lakhs)