2.13 Provisions and Contingencies :

The Company creates a provision when there is present obligation
as a result of a past event that probably requires an outflow of
resources and a reliable estimate can be made of the amount of
the obligation. Provisions are reviewed at each balance sheet
date and adjusted to reflect the current best estimate. If it is no
longer probable that an outflow of resources would be required

to settle the obligation, the provision is reversed. Provision is not
discounted to its present value.

A disclosure for a contingent liability is made when there is a
possible obligation arising from the past events, the existence
of which will be confirmed only by the occurrence or non¬
occurrence of one or more future events not wholly within the
control of the Company or a present obligation that arises from
the past events where it is either not probable that an outflow of
resources will be required to settle or a reliable estimate of the
amount cannot be made.

Contingent assets are not recognized in the financial statements.
However, contingent assets are assessed continually and if it is
virtually certain that an inflow of economic benefits will arise,
the asset and related income are recognized in the period in
which the change occurs.

2.14 Cash and cash equivalents :

Cash & cash equivalents for the purpose of cash flow statement
comprises cash at bank and in hand, demand deposits deposits
with banks, other short term highly liquid investments with
original maturities of three months or less.

2.15 Earnings per share :

Basic earnings per share are computed by dividing the net profit
after tax by the weighted average number of equity shares
outstanding during the period. The diluted EPS is calculated on
the same basis as basic EPS, after adjusting for the effects of
potential dilutive equity shares unless the impact is anti dilutive.

2.16 Events Occurring after Balance Sheet Date :

Events that occur between balance sheet date and date on
which these are approved, might suggest the requirement for
an adjustment(s) to the assets and the liabilities as at balance
sheet date or might need disclosure.

(a) Adjusting Events: Adjustments are required to be made
in the Financial Statements for events which occur
after balance sheet date which offer added information
substantially affecting the determination of the amounts
which relates to the conditions that existed at balance
sheet date.

(b) Non-Adjusting Events: Adjustments aren’t required to
the Financial Statements for events which occur after
balance sheet date, in case such events don’t relate
to the conditions which existed at balance sheet date.
There’re events which, though occurring after balance
sheet date, are sometimes presented in financial
statements because of their special nature or due to
statutory requirements.

2.17 Employee Benefit :

Short term Employee Benefits

Employee benefit payable wholly within twelve months of
receiving employee services are classified as short-term
employee benefits. These benefits include salaries, wages and
bonus. The undiscounted amount of short-term employee
benefits to be paid in exchange for employee services is
recognised as an expense as the related service is rendered by
employees.

Provident Fund

As per the Employees Provident Funds and Miscellaneous
Provision Act, 1952 employees of the Company are entitled to
receive benefits under the provident fund which is a defined
contribution plan. These contributions are made to the fund
administered and managed by Government of India. The
Company’s contribution to the schemes is recognized as expense
in the profit and loss account during the period in which the
employee renders the related services. The Company has no
other obligation to the plans beyond its monthly compensations.

Defined benefits plan

The company’s gratuity benefit scheme is a non-funded defined
benefit plan. The Company’s net obligation in respect of a defined
benefit plan is calculated by estimating the amount of future

benefit that employees have earned in return for their service
in the current and prior periods, that benefit is discounted to
determine its present value.

The calculation of company’s obligation is performed annually
by qualified actuary using the projected unit credit method.

The company recognises all actuarial gains and losses in the
Statement of Profit and Loss.

The company recognises all the actuarial gains and losses
immediately in the Statement of Profit and Loss. All expenses
related to defined benefit plans are recognized in employee
benefits expense in the Statement of Profit and Loss.

2.19 Segment Reporting

As per AS-17 Segment information has been provided under the
notes to Consolidated financial statements.

2.20 Cash Flow Statement

Cash flows are reported using the indirect method where by the
profit before tax is adjusted for the effect of the transactions of
a non-cash nature, any deferrals or accruals of past and future
operating cash receipts or payments and items of income or
expenses associated with investing or financing cash flows. The
cash flows from operating, investing and financing activities of
the company are segregated.

@ The Company has provided a corporate guarantee amounting to '585 Lakhs in favour of its subsidiary, UMC Hospitals Private Limited,
towards lease obligations undertaken by the said subsidiary.

* With reference to the outstanding tax demands for F.Y. 2017-18 a demand of '326.29 Lakhs has been raised pursuant to an assessment
order passed under section 143(3) of the Income Tax Act, and the matter is currently pending before the CIT(A) under section 250. For
F.Y. 2016-17, a demand of '399.59 Lakhs has been raised under section 143(3), and though the CIT(A) upheld the addition vide order
under section 250, the assessee has filed an appeal before the Hon’ble ITAT, where the hearing was concluded and the order is awaited. In
respect of F.Y. 2015-16, the demand of '0.09 lakhs pertains to an assessment under section 143(3), for which a rectification application
under section 154 was filed but remains unprocessed. For F.Y. 2012-13, the demand of '0.22 Lakhs arises from an intimation under section
143(1), where TDS credit was not considered. Lastly, for F.Y. 2023-24, a demand of '0.07 lakhs was raised pursuant to an intimation under
section 143(1).

32 Material events occuring after the date of Standalone Financial Statements.

At the Board Meeting held on 31st March 2025, the Board of Directors approved the issuance of 7,00,000 (Seven Lakhs) Compulsorily
Convertible Share Warrants at an issue price of '151 (Rupees One Hundred Fifty-One only) per warrant. Subsequently, the allotment of
the said share warrants was duly made on 28th April 2025.

33 There are no transactions which were not recorded in books of accounts and have been surrendered or disclosed as income during the
year in the tax assessments under Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act,
1961).

34 The company has not revalued Property, Plant and Equipment.

35 Loans or Advances in the nature of loans are granted to Related Parties (Subsidiaries- Biohealth limited, Unihealth Tanzania Limited,
Unihealth Pharmaceutical Private Limited, UMC Hospitals Private Limited & UMC Global Health Limited Joint Venture- Victoria Hospital
Limited, Associate- Unihealth Uganda Limited) which are repayable in a single or in multiple tranches/ installments at any mutually agreed
time within the tenure of the Loan as per the agreement entered with the Parties.

36 No proceedings have been initiated or pending against Company for holding any Benami Property under Prohibitions of Benami Transac¬
tions Act,1988 (Earlier titled as Benami Transactions (Prohibitions) Act,1988.

37 The Company has borrowings from Banks.

38 The Company has not been declared as willful defaulter.

39 During the year, the Company has not executed any transaction with Companies struck off under Section 248 of the Companies Act, 2013
or Section 560 of Companies Act, 1956.

40 No charges are pending for registration or satisfaction with the Registrar of Companies (ROC).

41 The Company is in compliance with the no. of layers as prescribed under clause (87) of section 2 of The Companies Act, 2013 read with the
Companies (Restriction on Number of Layers) Rules, 2017.

42 (A) The Company has not advanced or loaned or invested funds, with any understanding, to any other person(s) or entity(ies), including

foreign entities (Intermediaries) 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.

(B) The Company has 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:

(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.

43 Corporate Social Responsibility -Section 135 of the Companies Act is not applicable to the Company.

44 The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

*Company is having Nil (P.Y.- Nil) Investments.

Note 48 Previous year’s figures have been regrouped, rearranged or recasted to make them comparable wherever necessary.

G P Kapadia & Co, For and on behalf of the Board of Directors

Chartered Accountants Unihealth Hospitals Limited

Firm registration No: 104768W (Formerly known as Unihealth Consultancy Limited)

Atul B Desai Akshay M Parmar Anurag R Shah

Partner Managing Director Director

Membership No. 030850 DIN:01533004 DIN:02544806

Mumbai

Date- May 23, 2025

Binita M Patel Parag Shah

Company Secretary Whole Time Director & Chief Financial Officer

Membership No.:A46394 DIN: 07773426