20.1 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.

20.2 Short term borrowings raised from Promotor during the financial year 2022-23 for working capital purpose. The loan is free of interest and is repayable on demand.

20.3 The Company has not raised any borrowing from banks and financial institutions during the year

20.4 The Company has not been declared as a wilful defaulter by any lender who has powers to declare a company as a wilful defaulter at any time during the financial year or after the end of reporting period but before the date when financial statements are approved.

20.5 The Company has not defaulted on repayment of loans and interest payment thereon during the current and previous year.

22.1 As defined under Micro,Small and Medium Enterprises Development Act, 2006, the disclosure in respect of the amount payable to such enterprises as at March 31,2024 has been made in the financial statement based on information received available and identified by the company.

The Company is having less than 10 Employees, Hence The Employee Gratuity Plan is not applicable to the Company.

3 Ind AS 116 ” " " " ----

7 Leases ”

Operating lease where Company is a lessee:

The Company has entered into non-cancellable operating lease for factory premise. Effective April 01, 2019, the Company adopted Ind AS 116 "Leases". In accordance with provisions of Ind AS 116 "Leases", the Company recognised the lease liability at the date of initial application i.e. April 01, 2019 at the present value of lease payments, discounted using incremental borrowing rate of the Company. The Company recognised right-of-use asset at an amount equal to the lease liability. Right-of-use asset is depreciated on straight line method based on balance number of months of lease term.

The adoption of the standard resulted in recognition of lease liability of ? Nil Lakh and corresponding 'Right of use' asset of ^ Nil Lakh as at April 01, 2019.

The weighted average incremental borrowing rate applied to lease liabilities is 9.00%.

Following practical expedients were elected on initial application of the Standard:

(i) Not to apply this standard to contracts that were not previously identified as containing a lease in terms of IND AS 17

(ii) Applied exemption not to recognise right-of-use assets and liabilities for leases with less than 12 months of lease term on the date of initial application

(iii) Excluded the initial direct costs from the measurement of the right-of-use asset at the date of initial application.

3 Segment 9_ information

Operating Segment: - The company is primarily engaged in the activities of Manufacturing and Trading. Since all activities are related to one segment, there is no other operating segment as per the Ind AS 108 “Operating Segments".

The financial instruments are categorized in to three levels based on the inputs used to arrive at fair value measurements as described below -

Level 1 - Quoted prices in active markets for identical assets and liabilities.

Level 2 - Inputs other than the quoted prices included within level 1 that are observable for assets or liability either directly or indirectly.

Level 3 - Inputs based on unobservable market data

Management uses its best judgement in estimating fair value of financial instruments. However there are inherent limitations in any estimation techniques. Therefore for substantially all financial instruments, the fair value estimates presented above are not necessarily indicative of the amounts that the company could have realised or paid in sale transactions as on respective date. As such the fair value of financial instruments subsequent to the reporting date may be different from the

amounts reported at each reporting date

The Company's senior management oversees the management of these risks. The senior management assesses the unpredictability of the financial environment and seeks to mitigate potential adverse effects on the financial performance of the company.

i. Credit Risk

Credit risk is the risk that counter party will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The Company is exposed to credit risk from its operating activities (primarily trade receivables) and from its financing activities, including deposits with banks and financial institutions and other financial instruments.

Trade

Receivable:

Customer credit risk is managed 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 scorecard and individual credit limits are defined in accordance with this assessment. Outstanding customer receivables are regularly monitored.

Cash and cash equivalents:

Bank deposits are made with reputed banks and hence credit risk associated with it is generally low.

ii. Liquidity Risk

Liquidity risk is defined as the risk that the company will not be able to settle or meet its obligations on time. The company's approach to managing liquidity is to ensure as far as possible, that it will have sufficient liquidity to meet its liability when they are due, under both normal and stressed conditions, without incurring unacceptable losses or risking damage to the company's reputation.

The table below analysis the company's financial liabilities into relevant maturity grouping based on their contractual maturities

Market risk is the risk of loss of future earnings, fair values or future cash flows that may result from change in the price of financial instruments. Market risk comprises of three types of risks: interest risk, foreign currency fluctuation risk and other price risk such as commodity price risk. The objective of market risk management is to manage and control market risk exposure within acceptable parameters while optimizing profits.

a) Foreign currency risk:

The summary of quantitative data about the Company's exposure to currency risk is as follows:

4 The Company has not advanced any loans or advances in the nature of loans to specified

6 persons viz. promoters, directors, KMPs, related parties; which are repayable on demand or where the agreement does not specify any terms or period of repayment.

4 The Company has not advanced or loaned or invested funds to any other person(s) or

7 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.

4 The Company has not received any fund from any person(s) or entity(ies), including foreign

8 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 Funding Party (Ultimate Beneficiaries) or

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

4 The Company does not have any transaction which is not recorded in the books of accounts 9 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). ^

5 The Company has not traded or invested in Crypto currency or Virtual Currency during the

0 financial year.

5 Disclosure related to Struck-Off Companies

1

There are no transactions and / or disputed balances outstanding with companies struck off under section 248 of the Companies Act, 2013.

5 Dividends 2_

The Company has not proposed, declared or paid the Dividend during the year ended March 31, 2025 and March 31, 2024 _

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.

5 Recent

5_ pronouncements

Ministry of Corporate Affairs (“MCA”) notifies new standards or amendments to the existing standards under Companies (Indian Accounting Standards) Rules as issued from time to time. The Ministry of Corporate Affairs (MCA), pursuant to a notification dated May 7th 2025, has amended Ind AS 21 to provide guidance on determining the exchange rate when a currency is not exchangeable. The amendment is applicable for annual periods beginning on or after April 1, 2025, with early application permitted.

The Company is currently evaluating the impact of this amendment on its financial statements and expects to complete the evaluation before the effective date. At present, the Company does not anticipate any material impact; however, a detailed assessment is ongoing.