Ý Provisions & contingencies: A provision is recognised when the company has a present obligation as a result of past
events and it is probable that an outflow of resources will be required to settle the obligation, in respect of which a
reliable estimate can be made. Provisions are not discounted to their present value and are determined based on best
estimates required to settle the obligation at the balance sheet date. These are reviewed at each balance sheet date and
adjusted to reflect the current best estimates.
A contingent liability is a possible obligation that arises from past events whose existence 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 recognized because it is not probable that an outflow of resources will be required to settle the
obligation. A contingent liability also arises in extremely rare cases where there is a liability that cannot be recognized
because it cannot be measured reliably. The company does not recognize a contingent liability but discloses its
existence in the financial statements. Contingent liabilities are disclosed by way of notes to the accounts. Contingent
assets are not recognized.
Ý Deferred tax: The Company reviews the carrying amount of deferred tax assets at the end of each reporting period.
The details of the deferred tax have been mentioned in below notes to
the standalone financial statements.
Ý Fair value measurements of financial instruments: When the fair value of financial assets and financial liabilities
recorded in the balance sheet cannot be measured based on quoted prices in active markets, their fair value is
measured using valuation techniques including Discounted Cash Flow Model. The inputs to these models are taken
from observable markets where possible, but where this is not feasible, a degree of judgement is required in
establishing fair value. Judgements include considerations of inputs such as liquidity risks, credit risks and volatility.
Changes in assumptions about these factors could affect the reported fair value of financial instruments.
2.4 PRIOR PERIOD ITEMS
Expenses relating to earlier period are debited to profit and loss account, if any. As per information and explanation and records
kept by the Company, the amount of such expenses and incomes are not fully quantifiable.
2.5 CASH FLOW STATEMENT
Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for
the effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The
cash flows from operating, investing and financing activities of the Company are segregated based on the available
information.
2.6 PROPERTY, PLANT & EQUIPMENT
All the items of property, plant & equipment are stated at historical cost net of recoverable taxes, less accumulated depreciation,
and impairment loss, if any. The cost of a Property, Plant & Equipment comprises its purchase price or construction cost, any
costs directly attributable to bringing the asset into its present location and the condition necessary for it to be capable of
operating in the manner intended by the management, and also taking into account the initial estimate of any decommissioning
obligation, if any, and Borrowing Costs for the assets that necessarily take a substantial period of time to get ready for their
intended use.
Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is
probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be
measured reliably.
The estimated useful lives of assets are in accordance with the Schedule II of the Companies Act, 2013 except for office
equipment.
Gains or losses arising from de-recognition / disposal of a Property, Plant and Equipment are measured as the difference
between the net disposal proceeds and the carrying amount of the asset and are recognized in the Statement of Profit and Loss
when the asset is derecognized / disposed of.
2.7. DEPRECIATION /AMORTISATION
PROPERTY, PLANT & EQUIPMENT
The company has charged depreciation on Property, Plant & Equipments on Straight Line Method (SLM) method on the basis
of useful life / remaining useful life and in the manner as prescribed in, Part C, Schedule II of the Companies Act, 2013.
Depreciation on additions/ disposals during the year has been provided on pro-rata basis with reference to the nos. of days
utilized. Depreciation on additions/ disposals during the year has been provided on pro-rata basis. *Details of useful life of an
asset and its residual value estimated by the management are same as Schedule II of the Companies act, 2013 except for Office
equipment and are as follows:
2.8 IMPAIRMENT
At each balance sheet date, the company reviews the carrying amounts of its assets to determine whether there is any indication
that those assets suffered any impairment loss. If any such indication exists or when annual impairment testing for an asset is
required, the recoverable amount of the asset is estimated in order to determine the extent of impairment loss. An impairment
loss, if any, is recognised in the Statement of Profit and Loss to the extent, 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.
2.9 FINANCIAL INSTRUMENTS
A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity
instrument of another entity.
Financial Assets
Initial Recognition and Measurement
A financial asset is recognized in the balance sheet when the Company becomes party to the contractual provisions of the
instrument. At initial recognition, the company measures a financial asset taking into account transactions cost that are directly
attributable to the acquisition or issue of the financial asset.
Subsequent Measurement
a. Financial Assets measured at Amortised Cost (AC)
A Financial Asset is measured at Amortised Cost if it is held within a business model whose objective is to hold the asset
in order to collect contractual cash flows and the contractual terms of the Financial Asset give rise on specified dates to
cash flows that are solely payments of principal and interest on the principal amount outstanding.
b. Financial Assets measured at Fair Value through Other Comprehensive Income (FVTOCI)
A Financial Asset is measured at FVTOCI if it is held within a business model whose objective is achieved by both
collecting contractual cash flows and selling Financial Assets and the contractual terms of the Financial Asset give rise
on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.
c. Financial Assets measured at Fair Value Through Profit or Loss (FVTPL)
Financial Assets which are not classified in any of the above categories are measured at FVTPL.
2.10 INVESTMENTS IN SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES (IF ANY)
Investments in subsidiaries are carried at cost/deemed cost applied on transition to Ind AS, less accumulated impairment losses,
if any. Where an indication of impairment exists, the carrying amount of investment is assessed and an impairment provision
is recognised, if required immediately to its recoverable amount. On disposal of such investments, difference between the net
disposal proceeds and carrying amount is recognised in the statement of profit and loss.
2.11 CASH AND CASH EQUIVALENTS
Cash and cash equivalents in the cash flow statement comprise cash at bank and in hand, and fixed deposits, that are readily
convertible to know amounts of cash, and which are subject to an insignificant risk of change in value.
2.12 INCOME TAXES
Tax expenses comprise Current Tax and deferred tax charge or credit.
Current Tax:
Provision for current tax is made based on tax liability computed after considering tax allowances and exemptions, in
accordance with the provisions of The Income Tax Act, 1961.
Deferred Tax:
Deferred tax assets and liability is recognized, on timing differences, being the differences between taxable income and
accounting income that originate in one period and are capable of reversal in one or more subsequent periods. Deferred tax
assets arising mainly on account of brought forward losses, unabsorbed depreciation and minimum alternate tax under tax
laws, are recognized, only if
there is a virtual certainty of its realization, supported by convincing evidence. At each Balance Sheet date, the carrying amount
of deferred tax assets are reviewed to reassure realization. The deferred tax asset and deferred tax liability is calculated by
applying tax rate and tax laws that have been enacted or substantively enacted by the Balance Sheet date.
Current and deferred tax are recognized as an expense or income in the statement of profit and loss, except when they relate
to items credited or debited either in other comprehensive income or directly in equity, in which case the tax is also recognized
in other comprehensive income or directly in equity.
2.13 REVENUE RECOGNITION
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue
can be reliably measured and it is reasonable to expect ultimate collection. The following specific recognition criteria must
also be met before revenue is recognized:
Sale of services:
Revenue is measured at the fair value of the consideration received or receivable with respect to the degree of completion of
each Service.
Interest:
Interest Income is recognized on a time proportion basis taking into account the amount outstanding and the rate applicable.
Interest income is included under the head “other income” in the statement of profit and loss.
Dividend:
Dividend income is accounted as and when right to receive dividend is established.
2.14 Approval of Financial Statement
The Board of Directors approved the financial statement of the Company as on May 29, 2026.
2.15 BORROWING COST
Borrowing costs directly attributable to acquisition, construction or production of qualifying assets till the month in which
the asset is ready to use, are capitalized.
Other borrowing costs are recognized as expenses in the period in which these are incurred.
2.16 EARNINGS PER SHARE
Earnings per share is calculated by dividing the net profit or loss after tax and prior period adjustments attributable to equity
shareholders by the weighted average number of equities shares outstanding during the year.
2.17 SEGMENT REPORTING
The Company is doing business in one segment only and therefore Segment Reporting is not applicable to the Company. The
Company caters mainly the needs of the Indian Market hence separate geographical segmental information has not been given.
2.18 LEASES
Lease arrangements where the risks and rewards incidental to ownership of an asset substantially vest with the lessor are
recognized as operating leases. Lease rentals under operating leases are recognized in the statement of Profit and Loss on a
straight-line basis.
Note 11.1 :
(a) The company has only one class of shares referred to as equity shares having a par value of Rs. 1/- each. Each holder of equity
shares is entitled to one vote per share and dividend in Indian rupees, if proposed by the Board of Directors, which is subject to the
approval of the shareholders in the ensuing Annual General Meeting.
(b) In the event of liquidation of the company, the holders of equity shares will be entitled to receive any of the remaining assets of
the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares
held at the time of commencement of winding-up.
(c) The Shareholders have all other rights as available to equity shareholders as per the provisions of The Companies Act, 2013,
read together with the Memorandum of Association and Articles of Association of the Company, as applicable.
(e) During the year, the Company issued 3,42,72,605 equity shares of face value ?1/- each on a rights basis to existing
shareholders, at an issue price of ?1.75/- per share (i.e., at a premium of ?0.75/- per share). This resulted in an addition of
?3,42,72,605/- to Equity Share Capital and ?2,57,04,453.75/- to Securities Premium Account
12.1 General Reserve is created from time to time by way of transfer from profits that is retained in the organisation. Moreover,General
Reserve is created by transfer of one component of equity to another and is not an item of Other Comprehensive Income.
12.2 Securities Premium is created to record the premium on issue of Shares. Moreover, It is utilized only for the purposes as provided
under section 52 of The Companies Act,2013.
13.1 Secured Loan from bank consists of the following -
a. Vehicle loan from Bank amounting to Rs. 69,16,229. The loan carries an interest rate of 8.4% per annum and repayable in 88
equal installment. The vehicle loan is secured by the vehicle purchased.
b. Vehicle loan from Bank amounting to Rs. 18,01,000. The loan is repayable in 84 equal installment. The vehicle loan is secured
by the vehicle purchased.
c. Vehicle loan from Bank amounting to Rs. 21,00,000. The loan carries an interest rate of 8.7% per annum and repayable in 84
equal installment. The vehicle loan is secured by the vehicle purchased
e. Vehicle loan from Bank amounting to Rs. 22,49,000. The loan is repayable in 60 equal installment. The vehicle loan is secured
by the vehicle purchased.
ii) Market Risk
Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Such changes in the values of
(a) Foreign Exchange Risk
The Group generally transacts business in Indian National Rupee (INR) and the amount of foreign currency transaction are immaterial. The Company does not have any
(b ) Price Risk
During the financial year, the company engaged in providing Professional services in finance industry. The price volatility of these services in domestic and international
iii) Liquidity Risk
The Group considers factors such as track record, size of the institution, market reputation and service standards to select the banks with which balances and deposits are
The Group’s objective is to at all times maintain optimum levels of liquidity to meet its cash and collateral requirements. The Company relies on a mix of borrowings, capital
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