(a) Financial Risk
Management
The Company’s business activities are exposed to financial risks, namely Credit risk, Liquidity
risk .The Company’s Senior Management has the overall responsibility for establishing and
governing the Company’s risk management framework. The Company has constituted a Risk
Management Committee, which is responsible for developing and monitoring the Company’s risk
management policies. The committee reports regularly to the Board of Directors on its
activities.
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 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 the audit committee
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, and arises principally from the Company’s
receivables from customers and investment securities. Credit risk is managed through credit
approvals, establishing credit limits and continuously monitoring the creditworthiness of
customers to which the Company grants credit terms in the normal course of business. The
Company establishes, if require an allowance for doubtful debts and impairment that represents
its estimate of incurred losses in respect of trade and other receivables and investments.
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.
Management monitors rolling forecasts of the Company’s liquidity position on the basis of
expected cash flows. This monitoring includes financial ratios and takes into account the
accessibility of cash and cash equivalents
Note 24 The company has no outstanding dues to small scale industrial undertakings as on
31st March, 2025 as per information given by the management.
Further in view of the Management, the impact of interest, if any, that may be payable in
accordance with the provisions of the Act is not expected to be
material. These facts have been relied
upon by the auditors.
Note 25 Contingent
Liability
Income tax demand for FY 2016-2017 of Rs. 10,10,210/- was raised by the income tax
department. The company has filed an appeal against the said demand since the demand is
untenable. The company is of the opinion that the demand is unjustified and shall not
materialise, thus no provision towards the said demand is made by the company.
Note 27 Other Disclosures:
a) The Company do not have any Benami property, where any proceeding has been initiated or
pending against the Company for holding any Benami property.
b) Transaction with struck off companies: The Company does not have any transactions with
companies struck- off under Section 248 of the Companies Act, 2013.
c) The Company do not have any charges or satisfaction which is yet to be registered with ROC
beyond the statutory period.
d) The Company have not traded or invested in Crypto currency or Virtual Currency during the
financial year.
e) 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.
f) 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.
g) 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.
h) The Company do not have 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).
i) The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment
and post- employment benefits received Presidential assent in September 2020. The Code has
been published in the Gazette of India. However, the date on which the Code will come into
effect has not been notified. The company will assess the impact of the Code when it comes
into effect and will record any related impact in the period the Code becomes effective.
j) The Company is not declared wilful defaulter by any bank or financial institution or lender
during the year.
Note 29 Previous year’s figures have been regrouped / rearranged wherever necessary, so as
to make them comparable with those of the current year.
As per our report Of Even Date For Board of Directors of P.M. Telelinnks Limited
For Gupta Raj and Co.
Chartered Accountants
Firm reg No: 001687N
Sd/- Sd/- Sd/-
CA Nikul Jalan RAVI SURANA KADAKIA AMISH BHARAT
Partner DIRECTOR DIRECTOR
Membership No. 112353 (DIN - 01777676) (DIN -06995671)
Sd/-
Dipin surana
CFO
Place: Mumbai Place: Secunderabad
Date: 30th May, 2025 Date: 30th May, 2025
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