N. Provisions and Contingent liabilities

1. General

Provisions are recognized when the Company has a present obligation (legal or constructive), as a result of past
events, and it is probable that an outflow of resources, that can be reliably estimated, will be required to settle such
an obligation. If the effect of the time value of money is material, provisions are determined by discounting the
expected future cash flows to net present value using an appropriate pre- tax discount rate that reflects current
market assessments of the time value of money and, where appropriate, the risks specific to the liability. Unwinding
of the discount is recognized in the Statement of Profit and Loss as a finance cost. Provisions are reviewed at each
reporting date and are adjusted to reflect the current best estimate.

Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of
which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly
within the control of the Group or a present obligation that arises from past events where it is either not probable that
an outflow of resources will be required to settle the obligation or a reliable estimate of the amount cannot be made.
Contingent assets are neither recognized nor disclosed in the financial statements.

2. Restoration, expenses and handover costs:

Provision is made for costs associated with restoration, expenses & handover of projects as soon as the obligation
to incur such costs arises. Such costs are on estimate basis and they are normally incurred as and when the event
probable to the outflow of economic benefits takes shape. The costs are estimated on the basis of various reports
and estimates made by the competent personnel present and the sites and after due verification and also are
based on the amounts as prescribed in the contracts entered on earlier. The provision made for various expenses
has been estimated to such extent as required to settle the obligations. The management estimates that the
settlement of the provisions will be done in current year and hence no discounting is necessary.

O. Foreign currency translation

The functional currency for the Company is determined as the currency of the primary economic environment in which it
operates. For the Company, the functional currency is the local currency of the country in which it operates, which is
Indian Rupee.

In the financial statements of the Company, transactions in currencies other than the functional currency are translated
into the functional currency at the exchange rates ruling at the date of the transaction. Monetary assets and liabilities
denominated in other currencies are translated into the functional currency at exchange rates prevailing on the reporting
date. Non-monetary assets and liabilities denominated in other currencies and measured at historical cost or fair value
are translated at the exchange rates prevailing on the dates on which such values were determined.

P. Earnings per share

The Company presents basic and diluted earnings per share (“EPS”) data for its equity shares. Basic EPS is calculated
by dividing the profit attributable to equity shareholders of the Company by the weighted average number of equity
shares outstanding during the period. Diluted EPS is determined by adjusting the profit or loss attributable to equity
shareholders and the weighted average number of equity shares outstanding for the effects of all dilutive potential equity
shares.

Q Segment reporting

Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Executive
Officer i.e. CEO. Revenue and expenses are identified to segments on the basis of their relationship to the operating
activities of the segment.

Revenue, expenses which are not allocable to segments on a reasonable basis, are included under “Unallocated
revenue/ expenses”. It is practically not possible for the company to ascertain segmental assets and liabilities due to the
location and swap use of assets and some liabilities despite management's constant effort.

R. Cash dividend to equity shareholders of the Company

The Company recognizes a liability to make distribution to equity shareholders of the Company when the distribution is
authorized and it is no longer at the discretion of the Company. Interim dividend is paid as and when declared by the
Board. Final dividend is paid after obtaining shareholders' approval. Dividends are paid in Indian Rupees.

S. Recent Indian Accounting Standards (Ind AS)

Ministry of Corporate Affairs (“MCA”) notifies new standards or amendments to the existing standards under Companies
(Indian Accounting Standards) Rules as issued from time to time. For the year ended March 31, 2025, MCA has not
notified any new standards or amendments to the existing standards applicable to the Company.

Notes:-

1. There is no interest on the dues to Micro, Small and Medium Enterprises (MSME).

2. Trade Payables of Rs. 577 lacs (Shown in the BS under Non-Current Liabilities Trade Payable Other Than MSME-
disputed) are related to ABA's of above referred BSER project. The payment of these Trade Payables is dependent upon
realization of remaining Trade Receivables of Rs. 446.61 lacs (being the original amount) related to the above referred
BSER project as per the Terms of Agreement with the ABA's. Since the release of payment of Rs. 396.44 lacs upon the
direction of Honorable Rajasthan High Court is not final but conditional that if BSER succeeds in its appeal before the
Rajasthan High Court, this amount shall be refunded back by the company to BSER. Therefore, the company has not made
any provision for impairment of the receivables of Rs. 843.05 lacs (being the original amount) or Rs. 446.61 lacs (being the
remaining amount) even after receiving Rs. 396.44 lacs. since the company is hopeful of positive outcome of the Rajasthan
High Court case and hopeful of receiving the remaining amount of Rs. 446.61 lacs. The company has not reversed the
corresponding trade payables of Rs. 577 lacs, since the company envisages to clear the dues of the trade payables after
final outcome of the Rajasthan High Court judgement in line with the terms of the agreement with the ABAs.

NOTE 27 RETIREMENT AND OTHER EMPLOYEE BENEFIT SCHEMES

a. Provident fund

The Company offers its employees, benefits under defined benefit plans in the form of provident fund scheme which covers
all employees. Contributions are paid during the year into Provident fund. Both the employees and the company pay
predetermined contributions into the fund.

b. Employees state insurance scheme

The Company offers its employees, benefits under defined benefit plans in the form of ESI scheme which covers all
employees. Contributions are paid during the year into ESI fund. Both the employees and the company pay predetermined
contributions into the fund.

c. Gratuity plan

The gratuity plan is governed by the Payment of Gratuity Act, 1972. Under the act, an employee who has completed five years
of service is entitled to specific benefit. The level of benefits provided depends on the member's length of service and salary
at retirement Age.

The above sensitivity analysis may not be representative of the actual benefit obligation as it is unlikely that the change in
assumptions would occur in isolation of one another as some of the assumptions may be correlated.

In presenting the above sensitivity analysis, the present value of defined benefit obligation has been calculated using the
projected unit credit method at the end of reporting period, which is the same as that applied in calculating the defined
obligation liability recognized in the balance sheet.

Risk analysis

The company is exposed to a number of risks in the defined benefit plans. Most significant risks pertaining to defined
benefits plans and management estimation of the impact of these risks are as follows:

Interest risk

A decrease in the interest rate on plan assets will increase the plan liability, however this will be partially offset by increase
in the return on plan debt investment.

Longevity risk/Life expectancy

The present value of the defined benefit plan liability is calculated by reference to the best estimate of the mortality of plan
participants both during and at the end of the employment. An increase in the life expectancy of the plan participants will
increase the plan liability.

Salary growth risk

The present value of the defined benefit plan liability is calculated by reference to the future salaries of plan participants. An
increase in the salary of the plan participants will increase the plan liability.

NOTE 30 SEGMENT REPORTING

a. Basis of segmentation

The company is engaged in following reportable segments:

i) Software development

ii) Wind power generation

iii) Learning solution

iv) Hotel

Segregation of capital employed between segments (except wind power generation segment, wherein the capital employed
is Rs. 1047.37 lacs) is not practicable as most of the fixed assets and liabilities are not identifiable with particular segments
and are used interchangeably.

Each of the reportable segments derives its revenues from its main products and hence these have been identified as
reportable segments by the company's management. Segment profit amounts are evaluated regularly by the management,
which is regularly engaged, in deciding how to allocate resources and in assessing performance.

Risk management framework
Introduction

The Securities and Exchange Board of India (“SEBI”) issued the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (hereinafter referred to as the 'Listing Regulations') on September 02, 2015, effective from December 01,
2015. The Regulation 21 mandate listed entities to formulate a policy on risk management. It is in the context that the policy
on risk management (“Policy”) is being framed and implemented from 11.02.2016 and approved by the board.

This policy is modified and/or amended with the approval of the Board of directors as on 29.05.2018.

Objective and purpose of policy

The main objective of this policy is to ensure sustainable business growth with stability and to promote a pro-active
approach in reporting, evaluating and resolving risks associated with the business. In order to achieve the key objective, the
policy establishes a structured and disciplined approach to risk management, in order to guide decisions on risk related
issues.

The specific objectives of the Risk management policy are:

1. To ensure that all the current and future material risk exposures of the company are identified, assessed, quantified,
appropriately mitigated, minimized and managed i.e. to ensure adequate systems for risk management.

2. To establish a framework for the company's risk management process and to ensure its implementation.

3. To enable compliance with appropriate regulations, wherever applicable, through the adoption of best practices.

4. To assure business growth with financial stability.

Treasury management

The company has a strong system of internal control which enables effective monitoring of adherence to company's
policies. The internal control measures are effectively supplemented by regular internal audits.

Market risk

Market risk is the risk that the fair values of future cash flows of a financial instrument will fluctuate because of changes in
market prices. Market risk comprises interest rate risk, currency risk and commodity risk.

The sensitivity analysis given elsewhere in the following sections relate to the position as at March 31, 2025 and March 31,
2024.

Financial risk

The Company does not engage in speculative treasury activity but seeks to manage risk and optimize interest and pricing
through proven financial instruments.

a. Liquidity risk

The company requires funds both for short-term operational needs as well as for long-term investment program mainly in
growth projects. The company generates sufficient cash flows from the current operations which together with the available
cash and cash equivalents and short-term investments provide liquidity both in the short- term as well as in the long-term.

The company remains committed to maintaining a healthy liquidity, gearing ratio and strengthening the balance sheet. The
maturity profile of the company's financial liabilities based on the remaining period from the date of balance sheet to the
contractual maturity date is given in the table below. The figures reflect the contractual undiscounted cash obligations of the
company.

b. Foreign exchange risk

Fluctuations in foreign currency exchange rates may have an impact on the statement of profit and loss, where any transaction
references more than one currency other than the functional currency of the company.

The company during the year is not prone to any exchange risk as it has not entered in any foreign exchange contracts the
difference in exchange rates on outstanding balance of sundry debtor has been duly accounted for through statement of
profit and loss.

c. Interest rate risk

Floating rate financial assets are largely mutual fund investments which have debt securities as underlying assets. The
returns from these financial assets are linked to market interest rate movements; however, the counterparty invests in the
agreed securities with known maturity tenure and return and hence has manageable risk.

d. Counterparty and concentration of credit risk

Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in financial loss to the
company. The company has adopted a policy of obtaining sufficient security, where appropriate, as a means of mitigating the
risk of financial loss from defaults. The company is exposed to credit risk for receivables, cash and cash equivalents, short¬
term investments etc. credit risk on receivables is limited as almost all credit sales are against letters of credit and guarantees
of banks of good financial repute. The Company is mainly engaged in projects awarded from Government of Rajasthan and
derives its key revenue from these projects. The release of funds from Government of Rajasthan depends upon availability
of budget. Consequently, the dues from the State Government may rise significantly at times. However, the company expects
no major credit risk therefore the company has not impaired any financial instruments regarding the same.

Derivative financial instruments

The company does not acquire or issue derivative financial instruments for trading or speculative purposes. The company
does not enter into complex derivative transactions to manage the treasury and commodity risks. The company is not
enrolled in any hedging contracts and is not party to any derivative financial instruments either directly or indirectly through

on\/ nor v

Notes: Reasons of variances

1. Current ratio: Due to decrease in current liabilities. However, it is still well above the Standard benchmark

2. Debt service coverage ratio: Ratio is reduced to 3.52. However, it is still within Standard benchmark range.

3. Return on equity : Due to decrease in Net Profit.

4. Inventory Turnover Ratio: Due to decrease in Annual Sales

5. Trade Receivable turnover ratio: Due to decrease in credit sales.

6. Trade Payable turnover ratio: Due to decrease in purchases.

7. Net capital turnover ratio: Due to decrease in annual sales.

8. Return on unquoted investment: Due to there is no income in income from investments

9. Return on quoted investment: Due to decrease in income from investments

NOTE 34 ADDITIONAL REGULATORY INFORMATION

a. The company has not granted any loan or advance, in the nature of loans which are repayable on demand or without
specifying any terms or period of repayment, to KMP (as defined under companies act, 2013), either severally or jointly
with any other person.

b. No proceedings have been initiated or are pending against the company for holding any benami property under benami
transactions (prohibition) act, 1988, hence the rules specified thereunder does not apply.

c. The company is not a declared willful defaulter by any bank or financial institution or other lender.

d. The company has not been involved in any transactions with companies struck off under section 248 of the companies
act, 2013.

e. There are no charges or satisfaction yet to be registered with roc beyond the statutory period.

f. The company has complied with the number of layers prescribed under clause (87) of section 2 of the act read with
companies (restriction on number of layers) rules, 2017.

g. There are no such transactions which are not recorded in the books of account but have been surrendered or disclosed
as income during the year in the tax assessments under the income tax act, 1961.

h. The company has not traded or invested in crypto currency or virtual currency during the financial year.

i. The company has used the borrowings from banks for the specific purpose for which it was taken.

j. The company has borrowings from banks on the basis of security of current assets and statement of current assets filed
by the company with banks are in agreement with the books of accounts.

k. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources
or kind of funds) by the company to or in any other person(s) or entity (ies), including foreign entities (“intermediaries”)
with the understanding, whether recorded in writing or otherwise, that the intermediary shall lend or invest in party
identified by or on behalf of the company (ultimate beneficiaries).

l. The company has not received any fund from any party(s) (funding party) with the understanding that the company shall
whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the company (“ultimate
beneficiaries”) or provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

For S. Misra & Associates For and on behalf of Board of Directors

Chartered Accountants For Compucom Software Limited

FRN - 004972C

Sd/- Sd/- Sd/- Sd/- Sd/-

CA. Sachindra Misra Surendra Kumar Surana Vaibhav Suranaa CA Sanjeev Nigam CS Varsha Ranee Chaudhary

Partner Managing Director Director Chief Financial Officer Company Secretary &

M. No. 073776 DIN: 00340866 DIN: 05244109 (CFO) Compliance Officer

UDIN: 25073776BMUICA8324 ^{MNa: ACS39034}