R) Provisions

Provisions are recognised when the Company has a present legal or constructive obligation as a result of past
events for which it is probable that an outflow of resources will be required to settle the obligation and the
amount can be reliably estimated as at the balance sheet date. Provisions are measured based on
management's estimate required to settle the obligation at the balance sheet date and are discounted using a
rate that reflects the time value of money. When discounting is used, the increase in the provision due to the
passage of time is recognised as a finance cost.

Other Litigation Claims

Provision for litigation related obligation represents liabilities that are expected to materialise in respect of
matters in appeal.

Onerous Contracts

A provision for onerous contracts is measured at the present value of the lower expected costs of terminating
the contract and the expected cost of continuing with the contract. Before a provision is established, the
Company recognises impairment on the assets with the contract.

S) Taxes

Income tax expense for the period is the tax payable on the current period's taxable income based on the
applicable income tax rate and changes in deferred tax assets and liabilities attributable to temporary
differences. The current income tax charge is calculated in accordance with the provisions of the Income Tax
Act 1961.

Deferred income tax is determined using tax rates (and laws) that have been enacted or substantially enacted
at the end of the reporting period and are expected to apply when the related deferred income tax asset is
realised or the deferred income tax liability is settled.

Deferred tax liabilities are recognised for all taxable temporary differences and deferred tax assets are
recognised for all deductible temporary differences and brought forward losses only if it is probable that future
taxable profit will be available to realise the temporary differences.

Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and
intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Current and deferred tax is recognised in profit or loss, except to the extent that it relates to items recognised
in other comprehensive income or directly in equity. In this case, the tax is also recognised in other
comprehensive income or directly in equity, respectively.

T) Employee Benefits

(i) Short-Term obligations

All employee benefits falling due wholly within twelve months of rendering the service are classified as
short term employee benefits. These are expensed as the related service is provided. A liability is
recognised for the amount expected to be paid if the Company has a present legal or constructive
obligation to pay this amount as a result of past service provided by the employee and the obligation can
be estimated reliably.

(ii) Post-Employment obligations i.e.

• Defined benefit plans and

• Defined contribution plans

Defined Benefit Plans

The present value of obligation is determined based on actuarial valuation carried out as at the end of
each financial year using the Projected Unit Credit Method.

The obligation is measured at the present value of the estimated future cash flows. The discount rate used
for determining the present value of the obligation under defined benefit plans, is based on the market
yield on government securities, of a maturity period equivalent to the weighted average maturity profile of
the related obligations at the Balance Sheet date.

Re-measurement, comprising actuarial gains and losses, the effect of the changes to the asset ceiling (if
applicable) and the return on plan assets (excluding net interest), is reflected immediately in the balance
sheet with a charge or credit recognised in other comprehensive income in the period in which they occur.
Re-measurement recognised in other comprehensive income is reflected immediately in retained earnings
and is not reclassified to profit or loss. Past service cost is recognised in the statement of profit or loss in
the period of a plan amendment. Net interest is calculated by applying the discount rate at the beginning
of the period to the net defined benefit liability or asset.

Defined Contribution Plans

The Company's contribution to provident fund, employee state insurance scheme, superannuation fund
and National Pension Scheme (NPS) are considered as defined contribution plans and are charged as an
expense as they fall due based on the amount of contribution required to be made and when services are
rendered by the employee.

14.1 Nature and Purpose of Reserves

(a) Retained Earnings

Retained earnings are the profits (loss) that the Company has earned suffered till date, less any transfer to dividends or other distrbutions paid to the
shareholders.

(b) Security Premium:- Security Premium Reserve is the additional amount changed on the face value of any shares issued.

The company has raised money by way of Right issue Offer ( i.e 19 shares against the 10 shares hold by existing shareholder) and issued 9573441 equity

(c) shares in response to the right issue offer subscribed by the applicant of face value Rs. 10/- each at Rs. 18/- per share including premium of Rs.8/- each
only during the F.Y. 2024-25

31 Commitments and Contingent Liabilities

31.1 INCOME TAX

(a) A demand of Income Tax for A.Y. 2010-11 for Rs.5.70Lac (including interest 3.57 Lac ) is outstand.

31.2 GOODS AND SERVICE TAX

(a) A Penailty notice for Rs. 4.59 Lac issued for the F.Y. 2019-20 and the appeal has been filed with the Commissioner (Appeal) which is pending for adjudication

34 Segment Information

Ind AS-108 establishes standards for the way that the Company report information about operating segments and related disclosures about products and services, geographical
areas, and major customers. The Company has only one business segment primarily trading of textile/hosieiy items. Based on the '"Management Approach" as defined in Ind
AS-108. The management also reviews and measure the operating results taking the whole business as one segment and accordingly make decision about the resources
allocation. In view of the same, segment reporting information is not required to be given as per the requirements of Ind AS-108 on "Operating Segments". The accounting
principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments and are as set out in the
significant accounting policies.

35 Capital Management

35.1 For the purpose of the Company’s capital management, capital includes issued equity capital, all equity reserves attributable to the equityholders of the Company. The primary
objective of the Company’s capital management is to maximise the shareholders' value. The Company manages its capital structure and makes adjustments in light of changes
in economic conditions and the requirements of the financial covenants. The Company monitors capital using a gearing ratio, which is net debt divided by total capital. The
Company includes within net debt, interest bearing loans and borrowings, less cash and cash equivalents.

(b) Foreign Currency Risk

Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates. The Company’s exposure to
the risk of changes in foreign exchange rates relates primarily to the Company's operating activities (when revenue or expense is denominated in a foreign currency).

The Company transacts business in local currency only. The Company does not have foreign currencytrade payables and receivables and is therefore, not exposed to foreign
exchange risk. The Company need not to use currency swaps or forward contracts towards hedging risk resulting from changes and fluctuations in foreign currency exchange
rate as per the risk management policy.

(c) Price Risk

As the company has no investments in securities , so no price risk.Further mgt is taking care of price of stock .

38.2 Credit Risk

Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to our Company. Our Company is dealing with various
customers. Financial instruments that are subject to concentration of credit risk, principally consist ofbalance with banks, investments in bonds, trade receivables and loans and
advances. Financial assets are written off when there is no reasonable expectation of recovery. Our Company measures the expected credit loss of trade receivables based on
historical trend, industry practices and the business environment in which we operate. Loss rates are based on actual credit loss experience and past trends.

(a) Trade Receivables

Customer credit risk is managed by each Company subject to the Company’s established policy, procedures and control relating to customer credit risk management. Credit
quality of a customer is assessed based on an extensive credit rating. Outstanding customer receivables are regularly monitored.

An impairment analysis is performed at each reporting date on an individual basis for major clients. In addition, a large number of minor receivables are grouped into
homogenous groups and assessed for impairment collectively. An impairment analysis is performed at each reporting date on an individual basis for major customers. The
Company assesses the credit quality of the counterparties, taking into account their financial position, past experience and other factors. The management belives that no
provisions is required in respect of tarde receivable based on historical trends of the customers.

39.1 Notes to Analytical Ratios

(a) % Change from March 31, 2024 to March 31, 2025

⁽ⁱ⁾ Variation in the Current ratio is due to increase in current assets during the F.Y. 2024-25 as compared to previous year on account of right issue proceedings

⁽ⁱⁱ⁾ V ariation in Debt Equity Ratio is on account of decrease in debt and increase in total Equity due to addittion of Right issue proceeds

⁽ⁱⁱⁱ⁾ Variation in Trade payable turnover ratio is due to decrease in trade payable and increase in purchasse during the year as compared to F.Y. 2023-24.

40 Other Statutory Information

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

40.2 The Company do not have any transactions with companies struck off.

40.3 The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

40.4 The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

40.5 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:

(i) 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

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

40.6 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:

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

(ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries,

40.7 The Company have not any 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

40.8 The Company has not been declared wilful defaulter by any bank and financial institution or government or any government authority.

40.9 The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules,
2017

40.10 The Company has not revalued its property, plant and equipment during the financial year.

40.11 The Company has no immovable property.

41 RIGHT ISSUE

During the year ended 31st March, 2025 the Company has completed right issue of 95,73,441 equity shares of face value of ?10 each at an issue price of ?18 per share
(including a share premium of ? 8 per share). The equity shares of the Company were listed on BSE Limited (BSE) on 9th January , 2025.

Consequent to allotment of right issue, the paid-up equityshare capital of the Companystands increased from ? 505.84 Lakhs consisting of 50,58,400 equityshares of?10 each
to ? 1463.18 Lakhs consisting of 1,46,31,841 equity Shares of ?10 each.

⁴² Events After Reporting Date

There were no significant adjusting events that occurred subsequent to the reporting period other than the events disclosed in the relevant notes.

43 OTHER INFORMATION

43.1 In the opinion of the Directors, Trade Receivables, Short Term Loans & Advances and Other Current Assets have been valued at which they are shown in the Balance Sheet if
realised in the ordinary course of business.

43.2 Previous Year Figures have been regrouped and recasted wherever necessary.

43.3 No provision has been made for Gratuity. The number of employees is less than the requirement so not paying any contribution towards ESI and Provident Fund.

GST Inputs and Outputs are considered in the books of accounts w.r.t. the purchases / inputs and sales / outputs made during the year on which the assessee is eligible / liable
43 4 by the management. However difference if any, resulting at the time of GST Audit or any other development or information later on, is provided for in the year in which such
difference is pointed out.

43.5 The Financial Statements has been approved for issue by Company’s Board of Directors on May 30, 2025.