Provision of Gratuity is created for employees who have completed continuous five years' of services at the rate
of 15 days salary for every completed year of service based on the salary drawn during the last month of the
financial year.
Leave Encashment
Unused leave is paid to the employees at the end of year and are not accumulated.
Provident Fund
Company's contribution to provident fund is charged to profit and loss account.
k. Earnings per share
The Company presents basic and diluted earnings per share ("EPS") data for its equity shares. Basic EPS is
calculated by dividing the profit and loss attributable to equity shareholders of the Company by the weighted
average number of equity shares outstanding during the period. Diluted EPS is determined by adjusting the profit
and loss attributable to equity shareholders and the weighted average number of equity shares outstanding for
the effects of all dilutive potential equity shares.
l. Segment Reporting
Operating segments are reported in a manner consistent with the internal reporting provided to the chief
operating decision-maker. Revenue and expenses are identified to segments on the basis of their relationship to
the operating activities of the segment. Inter segment revenue are accounted for based on the cost price.
Revenue, expenses, assets and liabilities which are not allocable to segments on a reasonable basis, are
included under "Unallocated revenue/ expenses/ assets/ liabilities".
m. Cash Flow Statement
Cash flows are reported using indirect method as set out in Ind AS -7 "Statement of Cash Flows", whereby profit
/ (loss) before tax is adjusted for the effects of transactions of non-cash nature and any deferrals or accruals
of past or future cash receipts or payments. The cash flows from operating, investing and financing activities of
the Company are segregated based on the available information.
n. Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and
rewards of ownership to the lessee. All other leases are classified as operating leases.
o. Use of Estimates and Judgments
The preparation of the financial statements in conformity with Ind AS requires management to make judgements,
estimates and assumptions that affect the application of accounting policies and the reported amounts of assets,
liabilities, income, expenses and disclosures of contingent assets and liabilities at the date of these financial
statements and the reported amounts of revenues and expenses for the years presented. Actual results may
differ from these estimates under different assumptions and conditions.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to Accounting estimates are
recognized in the period in which the estimate is revised and future periods affected.
"The Company has only one class of equity share having a par value of Rs.10 per share. Each holder of the equity share, as reflected
in the records of the Company as of the date of the shareholders meeting, is entitled to one vote in respect of each share held for all
matters“submitted to vote in the shareholders meeting. Accordingly all equity shares rank equally with regard to dividends and share in the
Company’s residual assets. The equity shares are entitled to receive dividend as declared from time to time. Dividends are paid in Indian
Rupees. Dividend proposed by the board of directors, if any, is subject to the approval of the shareholders at the General Meeting, except
in the case of interim dividend. In the event of liquidation of Companies, 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 share holders."
b. Property, Plant and Equipment
Title deeds of Immovable Property not held in name of the Company:
All the Title Deeds of Immovable Properties are held in the name of the Company.
c. The Company does not have any Benami property, where any proceeding has been initiated or pending against
the Company for holding any Benami property.
d. The Company has not availed any fund based Cash Credit limit or any non-fund based limit against stock and
debtors at any time during the year.
e. The Company has not been declared as a willful defaulter by any lender who has powers to declare a company
as a willful defaulter at any time during the financial year or after the end of reporting period but before the date
when the financial statements are approved.
f. The Company does not have any transactions with struck-off companies.
g. The Company does not have any charges or satisfaction which is yet to be registered with the Registrar of
Companies (ROC) beyond the statutory period.
h. The Company has compiled with the number of layers prescribed under clause (87) of section 2 of the Companies
Act 2013 read with Companies (Restrictions on number of Layers) Rules, 2017.
i. The company has advanced or loaned or invested funds to any other person(s) or entity(is), including foreign
entities(intermediaries), with the understanding that the intermediary shall;
• 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
• Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
j. The Company has not received any funds 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;
• 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
• Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
k. The Company does not have any transactions which is not recorded in the books of accounts but 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).
l. The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.
31. Remuneration to Auditors: (excluding GST)
32. There were no Micro and Small enterprises to whom amounts are outstanding for more than 45 days, as at March
31, 2025 (Previous Year Rs. Nil). As at March 31, 2025, no supplier has intimated the company about its status
as Micro and Small enterprises or its registration with the appropriate authority under The Micro, Small and
Medium Enterprises Development Act, 2006.
33. Contingent Liabilities
A. Contingent liabilities not provided for in respect of:
There were no contingent Liabilities.
35. Fair Value Hierarchy
The table shown below analyses financial instruments carried at fair value, by valuation method. The different
levels have been defined below:
Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities
Level 2: inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either
directly (i.e., as prices) or indirectly (i.e., derived from prices)
Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs)
36. Segment Reporting
The segment reporting of the Company has been prepared in accordance with Ind AS-108, "Operating Segment"
(specified under section 133 of The Companies Act, 2013, read with Rule 7 of Companies (Accounts) Rules,
2015). For management purposes, the Company is organized into business units based on its products and
services and has two reportable segments as follows:
(a) Trading Agency
(b) Real Estate
Segments have been identified as reportable segments by the Company's chief operating decision maker
("CODM"). Segment profit amounts are evaluated regularly by the Board, which has been identified as the CODM,
in deciding how to allocate resources and in assessing performance.
Segment Revenue, Results, Assets and Liabilities include the respective amounts identifiable to each of the
segments and amount allocated on a reasonable basis. Unallocated expenditure consists of common expenditure
incurred for all the segments and expenses incurred at corporate level. The assets and liabilities that cannot be
allocated between the segments are shown as unallocated corporate assets and liabilities respectively.
The accounting policies of the reportable segments are the same as the Company's accounting
policies described in Note 3i. Segment profit (Earnings before interest, depreciation and amortization, and tax)
amounts are evaluated regularly by the Board that has been identified as its CODM in deciding how to allocate
resources and in assessing performance. The Company's financing (including finance costs and finance income)
and income taxes are reviewed on an overall basis and are not allocated to operating segments.
38. Critical estimates and judgments in applying accounting policies
The management believes that the estimates used in preparation of the financial statements are prudent and
reasonable. Information about estimates and judgments made in applying accounting policies that have the most
significant effect on the amounts recognized in the financial statements are as follows:
i) Property, plant and equipment and useful life of property, plant and equipment and intangible
assets
The carrying value of property, plant and equipment is arrived at by depreciating the assets over the
useful life of assets. The estimate of useful life is reviewed at the end of each financial year and changes
are accounted for prospectively.
ii) Provisions and contingencies
The assessments undertaken in recognizing provisions and contingencies have been made in accordance
with the applicable Ind AS.
A provision is recognized if, as a result of a past event, the Company has a present legal or constructive
obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be
required to settle the obligation. Where the effect of time value of money is material, provisions are
determined by discounting the expected future cash flows.
In the normal course of business, contingent liabilities may arise from litigation and other claims against
the Company. Guarantees are also provided in the normal course of business. There are certain obligations
which management has concluded, based on all available facts and circumstances, are not probable of
payment or are very difficult to quantify reliably, and such obligations are treated as contingent liabilities
and disclosed in the notes but are not reflected as liabilities in the financial statements. Although there
can be no assurance regarding the final outcome of the legal proceedings in which the Company
involved, it is not expected that such contingencies will have a material effect on its financial position or
profitability.
39. Capital Management
The Company's objectives when managing capital is to safeguard continuity, maintain a strong credit rating and
healthy capital ratios in order to support its business and provide adequate return to shareholders through
continuing growth and maximize the shareholders' value. The Company's overall strategy remains unchanged
from previous year. The Company sets the amount of capital required on the basis of annual business and long¬
term operating plans which include capital and other strategic investments. The funding requirements are met
through a mixture of equity, internal fund generation and borrowed funds. The Company's policy is to use short
term and long-term borrowings to meet anticipated funding requirements. The Company monitors capital on the
basis of the net debt to equity ratio. The Company is not subject to any externally imposed capital requirements.
Net debt is long-term and short-term debts as reduced by cash and cash equivalents (including restricted cash
and cash equivalents) and short-term investments. Equity comprises share capital and free reserves. The
following table summarizes the capital of the Company:
40. The Company had measured Long-Term investments at cost and Current Investments at lower of cost and fair
value in the previous GAAP. Under Ind AS, the company has recognized the Non-Current Investments in equity
shares (other than subsidiary, associates and joint ventures) at Cost as appearing in the Standalone Balance
Sheet as at March 31, 2025 and March 31, 2024.
Therefore, financial impact on account of the difference between the fair value and the cost of Non-Current
investment in the "Non-Current Investment", "Other Equity" and "Other Comprehensive Income" and "Deferred
Tax" are not ascertainable.
41. Previous Year's Comparatives
Previous Year's figures have been regrouped/re-classified, wherever necessary, to confirm to Current Year's
Classification.
42. These financial statements were approved for issue by the Board of Directors on May 30, 2025.
43. General
a. All amounts disclosed in the financial statements and notes have been rounded off to the nearest Rupees
in One Lakh upto two decimals as per the requirements of Schedule III, unless otherwise stated.
b. Figures for the previous year have been regrouped and / or rearranged and / or reclassified wherever
necessary to make them comparable with those of current periods.
c. Notes to Accounts form an integral part of the Ind AS Financial Statements and have been duly
authenticated.
For and on behalf of the Board of Directors of
For V V G. & CO Raghunath International Limited
Chartered Accountants
Firm Registration No.: 005120N Sd/- Sd/-
(Manoj Kumar Pandey) (G. N. Choudhary)
Independent Director Whole Time Director
DIN:00057386 (DIN: 00012883)
Sd/-
Virendra Kumar Goel
Proprietor
Membership Number: 083705
Place: New Delhi Sd- Sd/-
UDIN : 25083705BMTEUI5536 (Shilky Sanghal) (Shivam Dixit)
Date: May 30, 2025 Company Secretary Chief Financial Officer
PAN: ENEPS6083Q PAN: ANBPD1628H
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