t) Provisions and Contingent Liabilities:

Contingent Liabilities are disclosed in respect of possible obligations that arise from past events but their existence
will be confirmed by the occurrence or non-occurrence of one or more uncertain future events not wholly within
the control of the Company or where any present obligation cannot be measured in terms of future outflow of
resources or where a reliable estimate of the obligation cannot be made.

Provisions are recognized when the Company has a present legal or constructive obligation as a result of past
events, it is probable that an outflow of resources will be required to settle the obligation and the amount can be
reliably estimated. Provisions are not recognized for future operating losses.

Provisions are measured at the present value of management’s best estimate of the expenditure required to
settle the present obligation at the end of the reporting period. The discount rate used to determine the present
value is a pre-tax rate that reflects current market assessments of the time value of money and the risks specific
to the liability. The increase in the provision due to the passage of time is recognized as interest expense.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is
determined by considering the class of obligations as a whole. A provision is recognized even if the likelihood of
an outflow with respect to any one item included in the same class of obligations may be small.

A contingent asset is disclosed, where an inflow of economic benefits is probable. An entity shall not recognize
a contingent asset unless the recovery is virtually certain.

u) Cash and Cash Equivalents:

For the purpose of presentation in the statement of cash flows, cash and cash equivalents includes cash on
hand, deposits held at call with financial institutions, other short- term, highly liquid investments with original
maturities of three months or less that are readily convertible to known amounts of cash and which are subject to
an insignificant risk of changes in value. Bank Overdraft and cash credits are not included in the cash & cash
equivalent according to Ind AS 7 as there is no arrangement for positive and negative balance fluctuation in
those accounts, they are basically the integral part of loans and credit management.

v) Impairment of Assets:

Intangible assets that have an indefinite useful life are not subject to amortization and are tested annually for
impairment, or more frequently if events or changes in circumstances indicate that they might be impaired. Other
assets are tested for impairment whenever events or changes in circumstances indicate that the carrying amount
may not be recoverable. An impairment loss is recognized for the amount by which asset’s carrying amount
exceeds its recoverable amount. The recoverable amount is higher of an asset’s fair value less cost of disposal
and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which
there are separately identifiable cash inflows which are largely independent of the cash inflows from other assets
or group of assets(cash-generating units).

Non-financial assets other than goodwill that suffered impairment are reviewed for possible reversal of the
impairment at the end of each reporting period.

w) Earnings Per Share

i. Basic earnings per share: Basic earnings per share is calculated by dividing:

• The profit attributable to owners of the Company

• by the weighted average number of equity shares outstanding during the financial year, adjusted for
bonus elements in equity shares issued during the year and excluding treasury shares.

ii. Diluted earnings per share: Diluted earnings per share adjusts the figures used in the determination of basic
earnings per share to take in to account:

• the after income tax effect of interest and other financing costs associated with dilutive potential equity
shares, and

• the weighted average number of additional equity shares that would have been outstanding assuming
the conversion of all dilutive potential equity shares.

x) Contributed Equity:

Equity shares are classified as equity.

Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction,
net of tax, from the proceeds.

y) Dividend:

Provision is made for the amount of any dividend declared, being appropriately authorised and no longer at the
discretion of the entity, on or before the end of the reporting period but not distributed at the end of the reporting
period.

z) Rounding off:

All amounts disclosed in the financial statement and notes have been rounded off to the nearest Lacs, unless
otherwise stated.

Note 30: Critical Estimates and Judgements

The preparation of financial statements requires the use of accounting estimates which, by definition, will seldom
equal the actual results. Management also needs to exercise judgement in applying the Company’s accounting
policies. This note provides an overview of the areas that involved a higher degree of judgement or complexity, and
of items which are more likely to be materially adjusted due to estimates and assumptions turning out to be different
than those originally assessed. Detailed information about each of these estimates and judgements is included in
relevant notes together with information about the basis of calculation for each affected line item in the financial
statements.

The preparation of the financial statements in conformity with GAAP requires the Management to make estimates
and assumptions that affect the reported balances of assets and liabilities and disclosures relating to contingent
assets and liabilities as at the date of the financial statements and reported amounts of income and expenses during
the period. These estimates and associated assumptions are based on historical experience and management’s
best knowledge of current events and actions the Company may take in future.

Information about critical estimates and assumptions that have a significant risk of causing material adjustment to the
carrying amounts of assets and liabilities are included in the following notes:

(a) Estimation of defined benefit obligations

(b) Estimation of current tax expenses and payable

(c) Estimation of provisions and contingencies

(a) Impairment of financial assets (including trade receivable)

The Company applies the simplified approach prescribed under Ind AS 109 for measuring expected credit losses
on trade receivables. Expected credit losses are estimated using a provision matrix based on historical credit
loss experience, ageing analysis, customer-specific factors, subsequent collections and forward-looking
information. Based on this assessment, management determines the impairment allowance required at each
reporting date.

(b) Estimation of defined benefit obligations

The liabilities of the Company arising from employee benefit obligations and the related current service cost, are
determined on an actuarial basis using various assumptions. Refer note 31 for significant assumptions used.

(c) Estimation of current tax expenses and payable

Taxes recognized in the financial statements reflect management’s best estimate of the outcome based on the
facts known at the balance sheet date. These facts include but are not limited to interpretation of tax laws of
various jurisdictions where the company operates. Any difference between the estimates and final tax assessments
will impact the income tax as well the resulting assets and liabilities.

(d) Estimation of provisions and contingencies

Provisions are liabilities of uncertain amount or timing recognized where a legal or constructive obligation exists
at the balance sheet date, as a result of a past event, where the amount of the obligation can be reliably estimated
and where the outflow of economic benefit is probable. Contingent liabilities are possible obligations that may
arise from past event whose existence will be confirmed only by the occurrence or non-occurrence of one or
more uncertain future events which are not fully within the control of the Company. The Company exercises
judgement and estimates in recognizing the provisions and assessing the exposure to contingent liabilities relating
to pending litigations. Judgment is necessary in assessing the likelihood of the success of the pending claim and
to quantify the possible range of financial settlement. Due to this inherent uncertainty in the evaluation process,
actual losses may be different from originally estimated provision. Warranty provisions are determined based on
the historical percentage of warranty expense to sales for the same types of goods for which the warranty is
currently being determined. The same percentage to the sales is applied for the current accounting period to
derive the warranty expense to be accrued. It is very unlikely that actual warranty claims will exactly match the
historical warranty percentage, so such estimates are reviewed annually for any material changes in assumptions
and likelihood of occurrence.

(e) Fair Value Measurement

The Company measures financial instruments at fair value at each balance sheet date.

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. The fair value measurement is based on the presumption
that the transaction to sell the asset or transfer the liability takes place either:

i. In the principal market for asset or liability, or

ii. In the absence of a principal market, in the most advantageous market for the asset or liability.

The principal or the most advantageous market must be accessible by the Company. The fair value of an asset
or liability is measured using the assumptions that market participants would use when pricing the asset or
liability, assuming that market participants act in their economic best interest.

A fair value measurement of a non-financial asset takes into account a market participant’s ability to generate
economic benefits by using the asset in its highest and best use or by selling it to another market participant that
would use the asset in its highest and best use.

The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data
are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of
unobservable inputs.

All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized
within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair
value measurement as a whole:

Level 1- Quoted (unadjusted) market prices in active markets for identical assets or liabilities.

Level 2- Valuation techniques for which the lowest level input that is significant to the fair value measurement is
directly or indirectly observable.

Level 3- Valuation techniques for which the lowest level input that is significant to the fair value measurement is
unobservable.

For assets and liabilities that are recognized in the financial statements on a recurring basis, the Company
determines whether transfers have occurred between levels in the hierarchy by re-assessing categorization
(based on the lowest level input that is significant to fair value measurement as a whole) at the end of each
reporting period. For the purpose of fair value disclosures, the Company has determined classes of assets and
liabilities on the basis of the nature, characteristics and risks of the asset or liability and the level of the fair value
hierarchy as explained above.

Other Fair Value related disclosures are given in the relevant notes.

H. (a) In respect of amounts as mentioned under 205C of the Companies Act, 2013 there were no dues required to
be credited to the Investor Education and Protection Fund as at March 31,2026.

(b) The company has spent Rs.28.61 Lakhs towards corporate social responsibility activities during the year in
accordance with the requirements of Section 135 of the Companies Act, 2013. There is no unspent CSR
amount as at 31 March 2026.

I. BASIC AND DILUTED EARNINGS PER SHARE:

The basic earnings per equity share is computed by dividing the net profit attributable to equity
shareholders for the year by the weighted average number of equity shares outstanding during the year.
Diluted earnings per share are computed using the weighted average number of equity shares and also
the weighted average number of equity shares that could have been issued on the conversion of all
dilutive potential equity shares. The dilutive potential equity shares are adjusted for the proceeds
receivable, had the shares been actually issued at fair value.

Dilutive potential equity shares are deemed converted as of the beginning of the year, unless they have
been issued at a later date. The number of equity shares and potential diluted equity shares are adjusted
for stock split, bonus shares, Convertible Preference Shares, Share Warrants and the potential dilutive
effect of Employee Stock Option Plan as appropriate.

K. Fair Value Hierarchy:

This Section explains the judgments and estimates made in determining fair values of financial instruments that
are (a) recognized and measured at fair value and (b) measured at amortized cost and for which fair values are
disclosed in financial statements. To provide an indication about reliability of inputs used in determining fair
value, group has classified its financial instruments into three levels prescribed under accounting standard. An
explanation of each level follows underneath the table:

Fair value of financial instruments as referred to in note above has been classified into three categories depending
on inputs used in valuation technique. Hierarchy gives highest priority to quoted prices in active market for
identical assets or liabilities (level 1 measurement) and lowest priority to unobservable inputs (level 3
measurements).

The categories used are as follows:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2: The fair value of Financial Instruments that are not traded in an active market is determined using
valuation techniques which maximize the use of observable market data rely as little as possible on entity specific
estimates.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is
included in level 3.

Company’s policy is to recognize transfers into and transfer out of fair value hierarchy levels as at the end of the
reporting period.