20. Provisions

Provisions are recognised when the Company has a present obligation, legal or constructive, as a result
of a past event, it is probable that an outflow of resources embodying economic benefits will be required
to settle the obligation and a reliable estimate can be made of the amount of the obligation.

Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying
amount is the present value of those cash flows. If the effect of the time value of money is material,
provisions are discounted using a current pre-tax rate that reflects, when appropriate, the risks specific to
the liability.

21. Contingent Liabilities

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. The Company does not recognize a contingent liability
but discloses its existence in the financial statements. Payments in respect of such liabilities, if any are
shown as advances.

(c) Terms/rights attached to Equity Shares

The Company has only one class of Equity Shares having a par value of Rs. 10/- per share. Each holder of
Equity Share is entitled to one vote per share.

In the event of distribution of dividends by the Company, It will be in proportion to the number of Equity shares
held by the shareholders.

In the event of liquidation of the Company, the holders of Equity shares will be entitled to receive remaining
assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to
the number of Equity shares held by the shareholders.

(d) As per the records of the company, including the register of shareholders and other declaration received from
the shareholders regarding the beneficial interest, the above shareholding represents both legal and
beneficial ownership of shares.

(e) Shares reserved for issue under options and contracts/commitments for the sale of shares/disinvestment,
including the terms and amounts; - NIL

(f) Any securities convertible into equity/preference shares - NIL

(g) Amount of Calls unpaid and Originally paid up amount of forfeited Shares - NIL

(h) Details of shareholders holding more than 5% in the company

Note 31 - Foreign Currency Transcations

There was no foreign currency earning, expenditure including import of Raw Materials, Components and Spare
Parts, or Capital Goods during the year ( Previous Year - Rs NIL)

Note 32 - Segment Reporting

The company has single Primary & Secondary reportable segment in terms of the provisions of Indian Accounting
Standard (IndAS 108) .

Note 33 - Amounts due to Micro, Small and Medium Enterprises

The Company has paid the amount due, if any, to the creditors registered under The Micro, Small & Medium
Enterprises Development Act 2006 on or before the appointed day. There is no amount due and remains unpaid
to these suppliers towards principal and interest due.

(i) Leave obligations

As per the Company's policy, unutilised leaves of employees to the extent of 30 leaves are eligible to carried
forward after the year-end.

(ii) Gratuity (post-employment benefits)

The disclosures required under Indian Accounting Standard 19 related to "Employee Benefits" notified in the
Companies (Accounting Standards) Rules 2006, are given below :

Defined Benefit Scheme

The employee's gratuity scheme is a defined benefit plan.The present value of obligations are determined based
on acturial valuation using the Projected Unit Credit Method, which recognizes each period of service as giving
rise to additional unit of employee benefit entitlement and measures each unit seperately to build up the
obligation.

VI) Notes :

Assumptions relating to future salary increases,attrition, interest rate for discount & overall expected rate of return
on Assets have been considered based on relevant economic factors such as inflation, market growth & other
factors applicable to the period over which the obligation is expected to be settled.

(iii) Defined contribution plans

The Company also has ceratin defined benefit obligations. Contributions are made to provident fund in India for
employees at the specified rate of basic salary as per regulations.

Note 35 - Borrowed funds not used for the purpose for which funds are borrowed

The Company's has not borrowed any funds from Banks and Financial Institutes during the year thus, the
disclosure "Borrowed funds not used for the purpose for which funds are borrowed", is not applicable.

Note 36 - Immovable property not held in the name of Company

There is no immovable property held by the Company thus, the disclosure "Immovable property not held in the
name of Company", is not applicable.

Note 37 - Realisable value less than the value stated in financial Statements

In the opinion of the Board, all the assets other than Property, Plant and Equipment and Intangible assets and non¬
current investments do have a value on realisation in the ordinary course of business at least equal to the amount
at which they are stated.

Note 38 - Revaluation of the property

The Company has not revalued any property during the year.

Note 39 - Benami Property

No proceedings have been initiated during the year against the Company for holding Benami property. Also, there
is no case pending against the Company for holding any Benami property.

Note 40 - Crypto Currency or Virtual Currency

The Company has not traded or invested in any Crypto currency or Virtual currency during the financial year.

Note 41 - Corporate Social Responsibilty (CSR)

The Company is not liable to contribute towards Corporate Social Responsibility as define under section 135 of
Companies Act,2013

Note 42 - Discrepancies in the statements submitted to the Bank and Financial Institute on the basis of
security of current assets

The Company's has not borrowed any funds from Banks and Financial Institutes thus, it is not required to submit
any statement to Bank or Financial Institute.

Note 43 - Wilful defaulter

The Company has not borrowed any money from Bank and / or Financial Institute thus the disclosure of "Wilful
defaulter", is not applicable.

Note 44 - Registration of charges or satisfaction with Registrar of Companies

The Company has neither created nor satisfied any charge on the Company's property during the year thus it is
not required to Register or Satisfy Charge with the Registrar of Companies.

a The Company does not have any transactions which are not recorded in the books of accounts and the same
have been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act,
1961

b The Company was not having unrecorded income and related assets which were surrendered or disclosed in the
previous tax assessments under the Income Tax Act, 1961

Note 46 - Utilisation of borrowed funds and share premium

a The Company has not advanced loans / made investments in any company with the understanding that these
companies will further advanced loans / made investments in other companies.

b The Company has not received loans / investments from any company with the understanding that the company
will further advanced loans / made investments in other companies.

Note 47 - Compliance with approved Scheme of Arrangements

No Scheme of arrangement has been approved by NCLT / High Court. Thus effect of the scheme is not required
to be given in the Books of Accounts.

Note 48 - Relationship with Struck off Companies

The Company has not entered into any transactions with Companies Struck off under Section 248 of the
Companies Act,2013.

Note 49 - Compliance with number of layers of companies

The company is not having any subsidiary company as prescribed under clause (87) of section 2 of the
Companies Act,2013.

Note 50 - Loans, Guarantee and Investment by Company (Disclosure under section 186(4) of CA.2013)

Details of Loans given, guarantee provided and / or investment made are as under:

Note 51 - Capital work in progress

There was no Capital work in progress at the end of year.

Note 52 - Intangible assets under development

There was no Intangible assets under development at the end of year.

Explanation for change in the ratio by more than 25%

1 The Company has entered into lease transactions (ROU Assets), which have adversely impacted the Debt
Service coverage ratio.

2 The sublease of leased assets has earned a substantial profit, hence there is a substantial increase in the
Debt -Equity ratio, Return on Equity ratio, Net Profit ratio and Return on capital employed ratio. Due to the
same reason, there is an impact on Net Capital turnover ratio

3 Unbilled debtors and unbilled creditors have impacted the Trade receivables turnover ratio and Trade
payables turnover ratio adversely

* Carrying value of financial instruments measured at amortised cost equals to the fair value.

(i) Credit Risk

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its
contractual obligations. The Company does not have any significant exposure to credit risk.

(ii) Market risk

Market risk is the risk that changes in market prices, such as foreign exchange rates, interest rates and equity prices will affect the
Company's income or the value of its holdings of financial instruments. The Company is not exposed to any significant currency
risk and equity price risk.

(iii) Liquidity risk

The Company's liquidity management policy involves projecting cash flows in major currencies and considering the level of liquid
assets necessary to meet these, monitoring balance sheet liquidity ratios against internal and external regulatory requirements
and maintaining debts financing plans.

(iv) Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in
market interest rates.

(v) Interest Rate Exposure

The Company's investments are primarily in fixed rate interest bearing investments. Hence, the Company is not significantly
exposed to interest rate risk.

The Company has taken some electronics items under non-cancellable lease agreements. The tenure of the lease generally is for
54 months. The ownership of the assets will be transferred to the Company at a nominal price of Rs 1000/- after the end of lease
period. The Company has also taken office space on a long lease.

E Other disclosures:

1 Contingent rent recognised as an expense - NIL (PY- NIL)

2 Total future sublease income under non cancellable sublease - NIL. The assets are subleased but since there is no agreement
with customers, these are considered as operating lease. (Previous Year - NIL)

3 The Lease agreement is for 54 months effective from 1st June,24. The assets will be transferred to the Company after the lease
period for a consideration of Rs One Thousand.

Note 56 - Audit trail and Edit Log

The Company uses an accounting software for maintaining its books of account which has features of recording
audit trail and edit log transactions and the same were operated through out the year for all relevant transactions
recorded in the accounting software. Further, no instance of the audit trail feature being tampered with was noted
in respect of the accounting software.

Note 57 - Contingent Liability and Capital Commitment

There are no contingent liabilities or capital commitments to the Company as at Balance sheet date except as
otherwise disclosed.(Previous year - Rs NIL)

Note 58 - Previous year figures

Previous year's figures have been reworked, regrouped, rearranged and reclassified wherever necessary.