b. Terms/rights attached to equity shares

The company has only one class of equity shares having par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the company, 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 shareholders.

-Term Loan obtained from Banks against the Capital Equipments are secured by first and exclusive charge on specific equipment described above financed by the banks.

Note 5.3

-Term Loan obtained from Non Banking Financials Institutions (NBFCs) against the Capital Equipments are secured by first and exclusive charge on specific equipment described above financed by the NBFCs.

Note 5.4

- The above secured loans are being additionally secured by personal guarantee of the Director.

Note 7.1 : Credit facilities From Banks (Bank Overdraft)

a The company has been availing Credit Facilities from Kotak Mahindra Bank for total amount of INR 2522.00 Lakhs (comprising of Term Loan of Rs. 22.00 Lakh, cash credit of Rs. 400.00 lakh and Non Fund Base facility including bank guarantee of Rs. 2100.00 lakhs) vide sanction letter dated 12.10.2023 and is secured by first and exclusive charge on all existing and future current assets the Company with further mortgaged on immoveable property at F-10, Second Floor, Green Park Main, Delhi 110016 owned by Director Mrs. Shikha Gupta . This credit facilities availed from Bank carry effective interest rates at 9.15% as per Sanctioned Letter. The outstanding balance as on March 31, 2025 of fund based facility is Rs. Nil and non fund based faclity is Rs. 158.00 Lakhs given in form of Bank Gurantee.

b. The company has been availing Credit Facilities from HDFC Bank for total amount of INR 5000.00 Lakhs (comprising of Overdraft Limit of Rs. 500.00 lakh and Non Fund Base facility including bank guarantee of Rs. 4500.00 lakhs) vide sanction letter dated 30.11.2024 and is secured by first charge on company's entire current Assets both at present and future along with equaltable mortgaged of immoveable property situated at F-10, Second Floor, Green Park Main, Delhi- 110016 owned by Shareholder and Director Mrs. Sneh Lata Gupta. Bank Gurantee issused by Bank are further secured by 15% Margin in the form of Fixed Deposit made with the Bank. The rate of interest on overdraft facility is 9.35% as at March 31 2025 ( 9.35% as at March 31 2024). The outstanding balance as on March 31, 2025 of fund based facility is Rs. 494.07 and non fund based faclity is Rs. 850.90 Lakhs given in form of Bank Gurantee.

c. Overdraft facility of INR 194.87 lakhs taken from ICICI Bank vide sanction letter dated 28.02.2023. It is secured against the Fixed Deposit of INR 313.96 Lakh pleadged with Bank.The rate of interest on overdraft facility is 0.60% (Spread) Over and Above FD Rate in force. The outstanding amount as on March 31, 2025 is INR 201.41 Lakhs (as on March 31, 2024 INR 6.47 Lakhs).

d. Overdraft facility of INR 500.00 lakhs taken from Yes Bank vide sanction letter dated 26.11.2021. It is secured against the Fixed Deposit of INR 344.80 Lakhd pleadged with Bank.The rate of interest on overdraft facility is 2.00% (Spread) Over and Above FD Rate in force. The outstanding amount as on March 31, 2025 is INR 203.49 Lakhs (as on March 31, 2024 INR 193.50 Lakhs).

Note 7.2 : Short term loan from others

a. During the year, the Company entered into a loan agreement dated 08th November 2024 with Infraventures Private Limited ("the Lender"). Under the agreement, the Lender agreed to provide unsecured financial assistance of up to ^125 lakhs at an annual interest rate of 9%. As per the terms of the agreement, the outstanding principal and accrued interest are repayable on or before 31st October 2025. The outstanding amount as on March 31 2025 is INR 100 Lakhs. b During the year, the Company entered into a loan agreement dated 20th September 2024 with Navantuc Trexim Private Limited ("the Lender"), a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). As per the agreement, the Lender agreed to provide unsecured financial assistance of up to ^200 lakhs, free of interest. The loan has been extended on an unsecured and interest-free basis in accordance with the terms specified in the agreement. The outstanding amount as on March 31 2025 is INR 50 Lakhs.

The GST input tax credit primarily pertains to purchase of goods and services made for construction services provided to a customer located in a Special Economic Zone (SEZ). Since supplies made to SEZ units are zero-rated under GST, the input tax credit related to such projects could not be utilised against output GST liability.

Note 13.1

This amount represents revenue from machinery hiring services and construction services (excluding material) rendered up to March 2025, for which invoices had not been issued as of that date. It also includes an amount of Rs 158.46 lakhs relating to construction services provided in the previous year to a customer, with whom a dispute has arisen. Due to the ongoing dispute, the invoice for this portion has not yet been raised. The management believes that the revenue recognition is appropriate based on the stage of completion and the work performed.

Note 24: Gratuity (unfunded)

The Company operates defined benefit plan of gratuity for its employees. Under the gratuity plan, every employee who has completed at least five years of service gets a gratuity on departure @ 15 days of last drawn salary for each completed year of service. The plan is not funded by the Company. The Company makes provision of such liability in the books of accounts on the basis of actuarial valuation.

The following tables summarize the components of net benefit expense recognized in the statement of profit and loss for the respective plans.

Note 27: Segment Reporting Segment Reporting:

The Company is engaged primarily in the business to construct, execute, carry out, develop civil constructional work and to carry on the business of drilling & blasting pipe jacking. Accordingly, there are two separate reportable segments i.e. Hiring business and Job Work business as per Accounting Standard 17 - "Segment Reporting". Hence, the details of reportable segments for the Year 2025 and 2024 are as follows:

Note 32: Additional regulatory information not disclosed elsewhere in the financials statements

(a) No proceedings have been initiated on or are pending against the Company for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

(b) The Company has not been declared a 'Wilful Defaulter' by any bank or financial institution (as defined under the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful defaulter issued by Reserve Bank of India.

(c) The Company does not have any transactions with companies struck off.

(d) The Company has complied with the number of layers of companies prescribed under the Companies Act, 2013.

(e) The Company has not entered into any scheme of arrangement which has an accounting impact on current or previous financial year.

(f) The Company does not have any charges or satisfaction which is yet to be registered with Registrar of Companies (ROC) beyond the statutory period.

(g) The Company has not advanced or loaned or invested funds to any other persons or entities, 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.

The Company has not received any fund from any persons or entities, including foreign 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

(h) The Company does 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 Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

(j) The Company has not revalued its property, plant and equipment (including right-of-use assets) or intangible assets or both during the current or previous year.

(k) The title deeds for all immovable assets are registered in the name of the company.

(l) The company currently has no capital work-in-progress.

(m) The company has not advanced or loaned to any of the director, promoters, KMP and the related party (as defined under Companies Act, 2013,) either severally or jointly with any other person that are either repayble on demand or without specifying any terms or period of repayment or both.

Note 33:

The previous year figures have been regrouped/reclassified, wherever necessary to conform to the current year's presentation.