The company is neither Holding Company nor a subsidiary of any other company.

During preceding 5 years, neither any shares have been allotted for consideration other than cash, bonus shares nor any shares have been bought back.

vii During the year, company has made rights issue of 39.17,030 equity shares at 30 per share fully paid up of face value 10 per share which is exdate on 17th January. 2025 and allotted 10th February, 2025 which shall rank pari passu to existing equity shares. The total amount raised was ? 11.75.10.900/- of which 3.91.70,300/- is allocated to Equity Share Capital and remaining 7.83.40.600/- is credited to Securities Premium Account. I he rights issue was made for various purpose as given in Offer Document and was over subscribed by the existing shareholders. This issue was in compliance with the provisions ofthe Companies Act, 2013 and applicable Ind AS standards.

Nature and Purpose of Reserve:

Reserve for equity instruments through other comprehensive income

This reserve represents the cumulative gains and losses on the revaluation of equity instruments measured at fair value through other comprehensive income, net ot amounts reclassified to retained earnings when those assets have been disposed off.

Retained earnings

The same is created out of profits over the years and shall be utilised as per the provisions of the Act.

Securities Premium

The securities premium is the reserve created from the excess amount received above the face value of the equity shares issued during the year in torm or rights issue.

On the basis of the information available with the Company and intimations received from suppliers (Trade Payable and Other Pavables) there are no dues payable as on 31st March. 2025 (31st March. 2024 : Nil) to Suppliers / Service providers covered under Micro. Small, Medium Enterprises Development Act. 2006. In view of this information required to be disclosed u/s. 22 of the said Act is not given.

23 figures for previous year presented have been regrouped, where necessary, to confirm to the current period's classification.

24 figures have been rounded off to nearest of rupee and reflected in lakhs with two decimals. Amount shown as 0.00 represents amount below 500 (Rupees Five Hundred).

B Capital Commitment

Estimated amount ot contracts remaining to be executed on capital account and not provided (net of advances) of Rs. Nil (Previous year: Nil as at 31st March, 2024 Rs. Nil).

26 Disclosures pursuant to Indian Accounting Standard -19 “ Employee Benefits”:

A Defined Contribution Plan:

The company has recognised as an expense in the profit and loss account in respect of defined contribution plan Provident fund ol Rs. Nil/- (Previous year Rs. Nil /-) administered by the Government. Provident fund is not payable by the company as per Provident fund Act during the year on account of employees not exceeding 10 numbers.

If Defined benefit plan and long term employment benefit General Description:

- Gratuity (Defined Benefit Plan):

The provisions ot gratuity payable under the payment ot gratuity Act is not applicable to the company durinu the year under audit.

- Leave Wages:

The leave wages are payable to all eligible employees at the rate of daily salary/wages for each day of accumulated leave and are paid during the financial year itself. Therefore no liability is accrued at the end of the financial year for leave benefits as per practice followed by the company year to year.

Note: The earnings per share for the year ended 31 March 2024 has been restated retrospectively due to a rights issue made in last quarter of year, which contained a bonus element as per the requirements of Ind AS 33.

During the year, the Company made a rights issue of 39,17,030 equity shares at Rs.30 per share. The market price immediately prior to the issue was Rs.44.27. The issue contains a bonus element as the issue price was lower than the market price.

Accordingly, in compliance with Ind AS 33 - Earnings Per Share, the earnings per share for all prior periods presented have been adjusted retrospectively using an adjustment factor of 1.22 which is calculated as Market Price before Rights Issue/Theoretical Ex Rights Price because Market Price before Ex-Date is more than TERP. This adjustment ensures comparability across all periods

Leases in which the company is a Lessee Office premises

The Company has leasing arrangements for its registered office. Non-cancellable period for this leasing arrangements is less than 12 months and the Company elected to apply the recognition exemption for short term leases to this lease. The lease amount is charged as rent. The Total lease payments accounted for the year ended March 31,2025 is Rs. 7.42 lakhs (previous year Rs. 6.84 lakhs).

31 FINANCIAL INSTRUMENTS - FAIR VALUES AND RISK MANAGEMENT A. Accounting classification and Fair Values

The following table shows the carrying amounts and Fair Values of Financial Assets and Financial Liabilities, including their levels in the Fair Value hierarchy. It does not include Fair Value information for Financial Assets and Financial Liabilities not measured at Fair Value if the carrying amount is a reasonable approximation of Fair Value.

Financial instruments measured at fair value Type Valuation technique

Mutual Fund Valuation Based on NAV rates listed on NSE/BSE stock exchange.

Equity Valuation Based on exchange rates listed on NSE/BSE stock exchange.

B. Financial Risk Management:-

The Company has exposure to the following risks arising from financial instruments:

• Credit Risk;

• Liquidity Risk ; and Ý Market Risk

- Currency Risk

- Interest Rate Risk

- Equity Risk

Risk Management framework

The Company s Board of Directors has overall responsibility for the establishment and oversight of the Company’s risk management framework. The Company manages market risk through a treasury department, which evaluates and exercises independent control over the entire process of market risk management. The treasury department recommends risk management objectives and policies which are approved by Board of Directors. The activities of this department include management of cash resources borrowing strategies, and ensuring compliance with market risk limits and policies. ’

The Company’s Risk Management policies are established to identify and analyse the risks faced by the Company, to set appropriate risk limits and controls and to monitor risks and adherence to limits. Risk Management policies and systems are reviewed regularly to reflect changes in market conditions and the Company’s activities. The Company, through its training and management standards and

procedures, aims to maintain a disciplined and constructive control environment in which all employees understand their roles and obligations.

The Audit Committee oversees how management monitors compliance with the Company’s Risk Management policies and procedures, and reviews the adequacy of the risk management framework in relation to the risks faced by the Company The Audit Committee is assisted in its oversight role by internal audit. Internal audit undertakes both regular and ad hoc reviews of risk management controls and procedures, the results of which are reported to the Audit Committee.

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, and arises principally from the Company's receivables from customers, investments in debt securities and loans.

Credit Risk also arises from cash held with banks, credit exposure to clients, loans and advances given. The maximum exposure to credit risk is equal to the carrying value of the financial assets. The company assesses the credit quality of counter parties taking into account their financial position, past experience and other factors.

Other Financial Assets

The Company maintains its Cash and Cash equivalents and Bank deposits with banks having good reputation, good past track record and high quality credit rating and also reviews their credit-worthiness on an on-going basis.

All loans, in the opinion of management which are not recoverable are written off. The Company may write off financial assets that are still subject to enforcement activity. The Company still seeks to recover amounts it is legally owed in full, but which have been written off due to no reasonable expectation of full recovery. The impairment for financial assets are based on assumptions about risk of default and expected loss rates. The Company uses judgement in making these assumptions and selecting the inputs to the

impairment calculation, based on the Company’s past history, existing market conditions as well as forward looking estimates at the end of each balance sheet date.

Trade Receivables

The Company s exposure to credit risk is influenced mainly by the individual characteristics of each customer. The demographics of the customer, including the default risk of the industry has an influence on credit risk assessment. Credit risk is managed through credit approvals, establishing credit limits and continuously monitoring the credit worthiness of customers to which the Company grants credit terms in the normal course of business.

The impairment for financial assets are based on assumptions about risk of default and expected loss rates The Company uses judgement in making these assumptions and selecting the inputs to the impairment calculation, based on the Company's past history existing market conditions as well as forward looking estimates at the end of each balance sheet date. The allowances for expected

credit loss for year ended March 31,2025 is Rs 2.53 lakhs and for year ended March 31, 2024 was NIL as any impairment or credit loss was directly written off.

ii Liquidity Risk

Liquidity Risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its Financial Liabilities that are settled by delivering cash or another financial asset. The Company’s approach to managing liquidity is to ensure as far as possible, that it will have sufficient liquidity to meet its liabilities when they are due, under both normal and stressed conditions, without incurring unacceptable losses or risking damage to the Company’s reputation.

Exposure to Liquidity Risk

The following are the remaining contractual maturities of financial liabilities at the reporting date. The amounts are gross and undiscounted, and include estimated interest payments and exclude the impact of netting agreements.

iii 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. Market risk is attributable to all market risk sensitive financial instruments including foreign currency receivables. Investments and short term debt. We are exposed to market risk primarily related to foreign exchange rate risk, interest rate risk and the value of our investments. Thus, our exposure to market risk is a function of investing and borrowing activities and revenue generating and operating activities in foreign currency. The objective of market risk management is to avoid excessive exposure in our foreign currency revenues and costs.

a) Currency Risk

The company does not have any foreign currency exposures. Therefore risk due to currency fluctuation do not arise.

b) 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.

Exposure to Interest Rate Risk

The Company has taken unsecured loan bearing Fixed Interest rates and is repayable on demand, therefore company does not have any risk in case of change in market risk of Interest rates. Therefore, sensitivity to Interest Rate is not calculated. The loans granted by the company is with fixed interest rate.

c) Equity Risk

Equity Price Risk is related to the change in market reference price of the investments in equity securities. The fair value of some of the Company s investments in Fair value through Other Comprehensive Income & FVTPL securities exposes the Company to equity price risks. In general, these securities are not held for trading purposes. These investments are subject to changes in the market price of securities. The fair value of equity securities as of March 31, 2025 was Rs. 398.86 lakhs [March 31, 2024- Rs 103 88 lakhs! A Sensex deviation of 5% [FY 2023-24 - 5°/„] would result in change in equity prices of securities held as of March 31, 2024 by Rs. 19.943 lakhs [ FY 2023-24 - Rs. 5.194 lakhs ]

d) Mutual Fund Risk

Mutual Fund NAV Risk is related to the change in market reference NAV of the investments in mutual funds. The fair value of some of the Company s investments in Fair value through Other Comprehensive Income & FVTPL funds exposes the Company to NAV price risks. In general, these funds are not held for trading purposes. These investments are subject to changes in the market NAV of units of Mutual Funds. The fair value of units of mutual funds as of March 31.2025 was Rs. 312.08 lakhs [March 31 2024- Rs Nill

32 Capital Management

The Company’s policy is to maintain a strong capital base so as to maintain investor, creditor and market confidence and to sustain shareholdere return on capital as well as the level of dividends to ordinary

The Company monitors capital using a ratio of ‘adjusted net debt’ to ‘adjusted equity’. For this purpose, adjusted net debt is defined as total liabilities, comprising interest-bearing loans and borrowings and obligations under finance leases, less cash and cash equivalents. Adjusted equity comprises all components of equity.

33 Non Current Asset Held for Sale

As per Ind AS - 105, An entity shall classify a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered prmcipally through a sale transaction rather than through continuing use. Further one of conditions to classify is that the sale should be complete within 12 months from classification. There are some exception to such condition and extension is provided

35 Other Amendments with respect to Schedule III

1 The company does not have any Benami property, where any proceeding has been initiated or pending against the company for holding any Benami property.

2 The company is not declared as wilful defaulter by any bank or financial Institution or other lender.

3 There is no Scheme of Arrangements approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act,

4 The company has no such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as

income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.

5 The Company did not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 or Section 560 of Companies Act, 1956 during the year.

6 The company have not traded or invested in Crypto currency or Virtual Currency during the year.

7 The company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

8 The company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities

(Intermediaries) with the understanding that the Intermediary shall:

(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

9 The company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the company shall:

(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the

company (Ultimate Beneficiaries) or ^y

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.