X. The estimates of rate of salary increase considered in the actuarial valuation takes into account inflation, seniority,
promotion and all other relevant factors including supply and demand in the employment market.
XI. The company operates an Funded gratuity plan wherein employees are entitled to the benefit as per scheme of
the company for each completed year of service. The same is payable on retirement or termination whichever is
earlier. The benefit vests only after five years of continuous service.
31.08 Taxation:
Company has followed accounting standard AS 22 for determination of tax expense in the accounts. Tax provision for
current tax is made for income tax, based on the tax liability computed, after considering tax allowances and
exemptions. For defer tax the relevant information is stated at note no. 4 to balance sheet.
31.10 SEGMENT REPORTING:
In view of the Accounting Standard 17 "Segment Reporting" issued by the Institute of Chartered Accountants of India
the disclosures in respect of segment information for the year ended 31st March 2024 is not applicable to the
Company as the Company does not deal in varied products / services and hence not exposed to different risks and
returns. Further the Company operates in only one geographical area and does not having any branches or any other
outlets and hence not exposed to different risks and returns of geographical segmentation.
31.11 As certified by the management, no transactions has been entered in to by the Company during the year ended
31.03.2025 with any stuck off companies u/s. 248 of the Companies Act, 2013 or u/s. 560 of the Companies Act,
1956.
31.12 All the charges which are subject to register with the Ministry of Corporate Affairs has been duly registered. Bank
Guaratnee for MAYOJANA of Rs. 3645.14 (Thousands), Bank Guarantee for ESIC of Rs. 500 (Thousands) agaisnt fixed
deposit for which charge to be created on Fixed Deposits with ROC Ahmedabad with thirty days of sanctioned, is
inadvetently missed and not registered with ROC,Ahemedabad. The charges which are needs to be satisfied has also
been duly field with MCA wherever applicable.
31.13 During the period under consideration , the Company has required to comply with the provisions of section 135
(Corporate Social Responsibility) of the Companies Act, 2013 and Company has applied the required amount of CSR
limits as prescribed us/. 135(1) of the Companies Act, 2013.
31.14 The Company has not sanctioned working capital limit in excess of Rs. 5 Crore by Bank/ Financial Institution on the
basis of security of current assets and therefore no disclosure is applicable.
31.15 The Company has complied with clause (87) of section 2 of the Act read with the Companies (Restriction on number
of Layers) Rules, 2017.
31.16 The Company has made Loan and advances in the nature of loans to promoters, directors, KMPs and the related
parties in the during the year to the tune of Rs. 32803 , which is reported under related party transaction as per AS
18.
31.17 The Company does not have any Benami property, where any proceeding has been initiated or pending against the
Company for holding any Benami property.
31.18 The Group is not declared a wilfull defaulter by any Bank or Financial institution or any other lender.
31.19 During the year no Scheme of Arrangement has been formulated by the Group/pending with competent authority.
31.2 No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other
sources or kind of funds) by the Company to or in any other person(s) or entity(ies), including foreign entities
("Intermediaries") with the understanding, whether recorded in writing or otherwise, that the Intermediary shall
lend or invest in party identified by or on behalf of the Company (Ultimate Beneficiaries). The Company has not
received any fund from any party(s) (Funding Party) with the understanding that the Company shall whether, directly
or indirectly lend or invest in other persons or entities identified by or on behalf of the Company ("Ultimate
Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
31.21 The Company has not surrendered or disclosed any transactions, previously unrecorded as income in the books of
account, in the tax assessments under the Income Tax Act, 1961 as income during the year.
31.22 The Company has not traded or invested in Crypto Currency or Virtual Currency during the half year ended.
31.23 In the opinion of the Board of Directors of the Company, the Current Assets, Loans and Advances are approximately
of the value stated, if realized in the ordinary course of business, except for which provision has been made in the
accounts. The Company has requested account confirmation from Debotrs and Creditors as at the end of the year but
till date there is no such confirmation have been received from the Debtors and Creditors, therefore what ever
balance outstanding is subject to confirmation as well as reconciliation.
31.25 The provision for depreciation and for all the known liabilities are adequate and not in excess of the amount
reasonably necessary. However there is pending court litigation against the Company in the Consumer Court as per
as per above table, all these case filed by patients against various insurance companies in which company is co¬
accuse. As per previous experiences Company Management are opinion that there will not be any liability on the
Company and therefore no provisions for the same has been made in the books of accounts during the year.
31.26 All the balances of parties' accounts are subject to confirmation.
As Per Our Report of Even Dated Annexed For MAITREYA MEDICARE LIMITED
Saherwala & Co.
FRN 108969W
PRANAV THAKER NARENDRA TANWAR
DIN-0007602708 DIN - 0008459007
( ESMAYEEL O. SAHERWALA ) Wholetime Director MD AND CFO
Chartered Accountant
M. NO. 122386
30th May 2025, Surat.
VIMAL PATEL KASHISH SURANA
DIN- 08458999 M . NO. A76674
Wholetime Director Company Secretary
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