1. Ratios have been calculated as below:
a. “Net-worth” means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation (Refer Regulation 2 of Chapter -1 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018).
A No funds have been advanced or loaned or izrvwted (either from borrowed funds ot shate premium or my other sources or land of fta&> by the Company to or m any other persons or entities, including foreign enhriae C Intermediaries"'), with the understanding, whether recorded m wntmg or otherwise, that the Intermediary shall, directly or indirectly lend or invest in other persons or entities identified m any manner whatsoever ("Ultunjlc Bcrxficune*") by or mi behalf of the Company or provide any guarantee, wuniy or the like on behalf of die Iflomatc Benefioarw
B No funds have been received by the Company from any persons or entities, including foreign ensues (“Funding Parties'*!, with the understanding, whether recorded m writing or otherwise, that the Company directly or mdsectly. lend or invest in ether persons or entities identified m any manner whatsoever (“Ultnnate Benefioanes-) by or on behalf of die Funding I‘ames or provide any gnarantec. seennty or die like an behalf of the uthmele Beneficiaries
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