p. Provisions, Contingent Liabilities & Contingent Assets

Provisions are recognized when the Company has a present obligation (legal or constructive) as a result of a
past event, and it is probable that the Company will be required to settle the obligation, and a reliable estimate
can be made of the amount of the obligation.

The amount recognized as a provision is the best estimate of the consideration required to settle the present
obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the
obligation. When a provision is measured using the cash flows estimated to settle the present obligation, its
carrying amount is the present value of those cash flows (when the effect of the time value of money is
material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a
third party, a receivable is recognized as asset if it is virtually certain that reimbursement will be received and
the amount of the receivable can be measured reliably.

r. Disclosures required under Section 22 of the Micro, Small and Medium Enterprises Development
Act, 2006

The Company has no dealing with any party registered under the Micro, Small and Medium Enterprises
Development Act, 2006.

s. Cash and cash equivalent

Cash and cash equivalents in the balance sheet comprise cash at banks and on hand and demand deposits
with an original maturity of three months or less and highly liquid investments that are readily convertible into
known amounts of cash and which are subject to an insignificant risk of changes in value net of outstanding
bank overdrafts as they are considered an integral part of the Company’s cash management.

t. Event occurring after the date of balance sheet

Where material event occurring after the date of the balance sheet are considered up to the date of approval
of accounts by the board of director

u. Recoverability of trade receivables

Required judgments are used in assessing the recoverability of overdue trade receivables and for determining
whether a provision against those receivables is required. Factors considered include the credit rating of the
counterparty, the amount and timing of anticipated future payments and any possible actions that can be
taken to mitigate risk of non-payment.

The Company has reclassified/regrouped previous year figures where necessary to confirm to the current
year’s classification

(d) The Company has only one class of equity shares having a par value of Rs. 10/- per share. Each holder of
equity shares is entitled to one vote per share. The holders of Equity Shares are entitled to receive dividends
as declared from time to time. The dividend proposed by the Board of Directors is subject to the approval of
the shareholders in the ensuing Annual General Meeting. 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.

NOTE: 23: Contingent Liability & Capital Commitments

a) Company do/ do not have any Contingent Liability for the year under review.

b) Company do / do not have any Capital Commitments for the year under review.

NOTE: 24: Segment Reporting

The Geograpical segment of the comnpany is the primary the reporting segment ie operating in India and the
business segment is the secondary segment.

NOTE: 25: Corporate Social Responsbility

Where Compoany falls under the provision of section 135 Of the companies Act, 2013 i.e. CSR Provision , then
Auditor needs to give disclosure about its nature, amount spent or expenditure incurred etc in the Notes of Accounts.

Note: 26 : Immovable Property Not Held In Company’s Name

The company shall provide the details of all the immovable property(other than properties where the company is the
lessee and the lease agreement are duly executed in favour of the lessee) whose title deeds are not held in the
name of the company in format given below and where such immovable property is jointly held with others , details
are required to be given to the extent of the company’s share

Note: 27: Details Of Benami Property

Where any proceedings have been initiated or pending against the Company for holding any Benami Property under
the Benami Transactions ( Prohibitions) Act, 1988 and the rules made thereunder , the company shall disclose the
details, amount, of such property.

Note : 28: Registration Of Charges or Satisfaction with Registrar of Companies

Where any charges or satisfaction yet to be registered with ROC beyond the statutory period, details and reasons
shall be disclosed by the Auditor in the Notes to Accounts

Note : 29: Undisclosed Income

The Copmpany shall disclosed of that transaction which were not recorded in the books of accounts or that has
been surrendered or disclosed as income suring the year in the tax assessments.

Note : 30: Details of Crypto / Virtual Currency

Where the company has traded or invested in Crypto currency or Virtual Currency during the financial year , then
auditor need to disclose its profit or loss on trasction or amount of currency etc in the notes of accounts.

As per our report of even date attached.

For SSRV AND ASSOCIATES For and on behalf of the Board of Directors

Chartered Accountants Equilateral Enterprises Limited

FRN : 135901W

Vishnu Kant Kabra Pratikkumar Sharadkumar Mehta Anant Chourasia

Partner Managing Director Director

Membership No. 403437 DIN- 06902637 DIN- 09305661

Place: Mumbai

Date: 24th August, 2024

UDIN: 24403437BKAKEF7758