10. Pursuant to Ind As-115 "Revenue from Contracts with Customers" the Comapny based on the past experience and previous trends assume that warranty obligations of the Company is estimated at 0.5% of sale of transformer and disclosed as Provision for Warranty .
11. Disclosure as required by IND AS-19 (2015) relating to Leave Encashment - As per management estimates as on 31st March, 2026.
12. Trade Receivables, deposits and advance to parties include some old balances pending reconciliation/ adjustment/ confirmation.
13.Operating Cycle is considered to be twelve months period.
14. Previous Year's Figures have been regrouped and re arranged wherever necessary.
15. The Company had received an advance amounting to Rs. 52.52 Lakhs in earlier years towards sale of the asset namely “Gunjan Flat", held in the name of the Company. Further, possession of the said property has already been handed over to the purchaser against such consideration received.The execution and registration of the sale deed is presently pending due to procedural and regulatory restrictions imposed by the State Government authorities, which are beyond the control of the Company and the purchaser.
16. Company does not have any transaction which is not recorded in the books of account that has been surrendered or disclosed as income during the year in the tax assessments under the Income TaxAct, 1961.
17. Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 and rules made thereunder.
18. The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.
19. The Company has not been declared as willful defaulter by any bank or financial institution or other lender.
20. The Company does not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 (as amended) or Section 560 ofthe Companies Act, 1956.
21. The Company has not traded or invested in Crypto Currency or Virtual Currency during the current and previous financial year.
11. Disclosure relating to Gratuity, as certified by Kapadia Global Actuaries for the year ended 31st March, 2026 have been made as below:
i) In accordance with applicable Indian laws, the Company provides for gratuity, a defined benefit retirement plan (Gratuity Plan) covering certain categories of employees.
ii) The Company provides the gratuity benefit through annual contributions to a fund managed by the Life Insurance Corporation of India (LIC). Under the plan, the settlement obligation remains with the Company, although the Life Insurance Corporation of India administers the plan and determines the contribution premium required to be paid by the Company.
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