K. PROVISIONS, CONTINGENT LIABILITIES AND ASSETS:
Provisions are recognised when the Company has a present obligation as a result of past events
and it is more likely that an outflow of resources will be required to settle the obligation and the
amount has been reliably estimated. Contingent Liabilities are not disclosed by way of notes to
the financial statements. As stated by Management, there were no Contingent Liabilities.
L. EARNING PER SHARE (EPS):
Basic earnings per share are computed by dividing the profit/(loss) after tax by the total number
of equity shares outstanding during the year.
• Net Profit / (Loss) after tax: Rs. 33,14,125/-
• Weighted average number of equity shares: 10,00,000 equity shares of Rs 10 each.
• Basic & Diluted EPS: Rs. 3.31/-
OTHER NOTES TO ACCOUNTS
2. RELATED PARTY DISCLOSURES:
The Company has transaction of a material nature with the promoters, Directors of management,
their subsidiaries or relatives that may have potential conflict with the interest of the company
at large. The register of contacts containing the transactions in which Directors are interested in
place before the board regularly for it approval. The Company Confirms that all transaction
3. SEGMENT REPORTING:
The Company is primarily dealing in processing and trading of Agriculture Commodities (rice).
However during the year turnover are of trading / commission nature which in the context of
Accounting Standard 17 on “Segment Reporting” constitutes a trading of goods reporting
segment but detailed substantiating documents are not available. Further, there are no
geographical segments.
4. EMPLOYEE BENEFIT EXPENCES:
Provident Funds and Employees State Insurance Fund (Defined Contribution Schemes) are
administered by Central Government of India and contribution to the said funds are charges to
Profit and Loss Account or accrual basis if any. The Provision of Gratuity is Rs. Nil.
5. EVENTS OCCURRING AFTER THE BALANCE SHEET DATE:
Any material gains/ losses which arise from the events or transaction which are Events
Occurring after the Balance Sheet Date of the company are separately disclosed if any.
6. Auditor's remuneration:
During the year under consideration provision has made for Auditor’s remuneration. (in
Rupees)
7. Director's remuneration:
During the year under consideration provision has made for Director’s remuneration. For which
no resolution is passed in the AGM for same or has not obtained any information. (in Rupees)
8. Disqualification of Directors:
As certified by company that it has received written representation from all the directors. That
companies is which they are directors had not defaulted in terms of section 164(2) of the
Companies Act, 2013, and that representations of directors takes in Board that Director is
disqualified from being appointed as director of the company.
9. MSME Dues:
The management has informed that the Company has not received any memorandum (as
required to be filled by the suppliers with the notified authority under Micro, Small and Medium
Enterprise Development Act, 2006) claiming their status during the year as micro, small or
medium enterprises. The principal amount due to suppliers other than MSME is Rs. 126.56
Lakhs.
10. Foreign Currency Expenditure:
Expenditure in foreign currency is Rs. NIL/- in respect of Foreign Travelling.
11. Export Sales:
Export Sales in foreign currency is NIL/- (In Indian Rupees). However, Other Income in foreign
currency is Rs. Nil.
12. Amalgamation:
There is No Any Amalgamation or Acquisition with Other Company / Firm / Entity by the
company during the financial year.
13. Business Investments:
As inform to us the company has made business investment of Rs. 0.00 crores which are
outstanding in balances sheet are subject to verification of progress report.
14. Government Grants:
The company has Not received any type of Government Grants or Subsidies.
15. Lease Agreement:
The company did Not enter into any Lease Agreement.
16. Ageing Analysis of Debtors and Creditors:
The details and of ageing of creditors including MSME creditors details & details of ageing of
debtors are as under.
17. Discontinued Operations:
No segment or part of company is discontinued or sold during the year.
18. Regrouping:
Previous year figures have been regrouped /rearranged wherever necessary to correspond with
the current year’s classifications/disclosure.
19. Licensed Capacity:
Particulars of licensed capacity or production capacity is Nil/- of the company.
20. AS-108 Operating Segment:
The company is engaged primarily in trading of agricultural commodities. As per AS-108
Operating Segment, none of the segment/products exceeds specified limits for the purpose of
reporting as per AS-108 is not applicable.
21. Deferred Tax Asset:
Deferred Tax Asset amounting to NIL/- has been created with respect to fixed assets considering
the prudence aspect.
22. Audit Committee:
Audit committee minutes not produced before us.
23. GST Reconciliation:
The GST return not produce before us.
24. Balance Confirmations:
All of the Debit, Credit, Balances including, Loans & advances, investment lying in various party’s
Customer’s accounts (excluding HDFC and Kotak Bank) are subject to their balance confirmation
as details not produced before us.
25. Crypto Currency:
As inform to us by the management there were no Crypto currency or virtual currency
transaction.
26. ROC Charges:
As inform to us by the management there were no new registration of charges with ROC.
27. Current Assets for CC Limit:
The management has submitted statement of current assets for stock & debtors with bank for
CC loan limit.
28. Benami Property:
As inform to us by the management there were no details of benami property held.
29. Financial Ratios:
Computation of ratio attach herewith as required under the Schedule III of the Companies Act,
2013:
For and on behalf of the Board of Directors of PAE LIMITED
Sd/- Sd/-
Pinalkumar Kalidas Patel Nimeshkumar Ganpatbhai Patel
Chief Financial Officer Managing Director
DIN:11445554 DIN:10939411
For J.M. Patel & Bros.
Chartered Accountants
Firm Registration No.: 107707W
Sd/-
CA J. M. Patel
Proprietor
Membership No.: 030161
UDIN: 26030161UIHXZM6533
Place: Ahmedabad
Date: 23/04/2026
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