(v) Financial Risk Management

The company has exposure to the following risk arising from financial instruments.

• Credit risk

• Liquidity risk, and

• Market risk

i) Credit Risk

Credit risk is the risk that a counter party will not meet its obligation under a financial instrument or customer contract, leading to a financial loss.

Credit risk on its receivables is recognised on the statement of financial position at the carrying amount of those receivable assets, net of any provisions for doubtful debts. Receivable balances and deposit balances are monitored on a monthly basis with the result that the company’s exposure to bad debts is not considered to be material.

The company has no significant concentrations of credit risk. It has policies in place to ensure that sales transactions are made to customers with an appropriate credit history. The company does not have any credit risk outside India.

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, or at a reasonable price. In addition, processes and policies related such risk are overseen by senior management. Management monitors company’s net liquidity position rolling forecasts on the basis of expected cash flows.

iii) Market Risk

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market prices comprise two types of risk: interest rate risk and other price risk, such as equity price risk and commodity risk. Financial instrument affected by market risk include loans and borrowings, deposits and investments. Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates.

iv) Capital Management

For the purpose of the company’s capital management, capital includes issued capital and other equity. The primary objective of the company’s capital management is to maximize shareholders value. The company manages its capital structure and makes adjustment in the light of changes in economic environment and requirements of the financial covenants.

The company monitors capital using adjusted net debt to equity ratio. For this purpose, adjusted net debt is defined as total debt less cash and bank balances.

NOTE - C - AMENDMENT IN STANDARDS

The 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. For the year ended March 31,2025, MCA has notified Ind AS - 117 Insurance Contracts and amendments to Ind A S 116 - Leases, relating to sale and leaseback transactions, applicable to the Company w.e.f. April 1,2024. The Company has reviewed the new pronouncements and based on its evaluation has determined that it does not have any significant impact in its financial statements.

NOTE - D - COMPARATIVES

Comparatives financial information (i.e. the amounts and other disclosures for the preceding year presented above), is included as an integral part of the current year’s financial statements, and is to be read in relation to the amounts and other disclosures relating to the current year. Figures of the previous year have been regrouped / reclassified wherever necessary to correspond to figures of the current year.

NOTE - E - AUDIT TRAIL

Company have used accounting software for maintaining its books of account, which have a feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the respective software.

Explanation For Any Change In The Ratio By More Than 25% As Compared To Preceding Year Is As Follows:-

a) Current Ratio:

There is increase in current assets and reduction in current liablities as compared to previous year and therefore there is change in ratio. The figures of current assets and current liabilities being low, minor changes has higher variance.

b) Debt-Equity Ratio:

There is reduction in borrowings in F.Y. 2024-25 as compare to Preceding F.Y. Besides this, there is a reduction in debit balance of retained earnings as on 31/03/2025 as compare to the balance as on 31/03/2024.

c) Debt Service Coverage Ratio:

There is no fixed term for repayment of loan amount. Amount repaid as per convenience. Higher amount is paid during F.Y. 2023-24 then F.Y. 2024-25.

f) Trade Receivables turnover ratio:

There is increase in average trade receivable and therefore there is change in ratio. The figures of net credit sales being low, minor changes has higher variance.

h) Net capital turnover ratio:

There is increase (decrease in negative figure) in average working capital and hence there is change in ratio. The figures of net sales being low, minor changes has higher variance.

(B) Corporate Social Responsibility

Corporate Social Responsibility (CSR) Provision as per Companies Act , 2013 are not applicable to the Company during the year uner review.

(C) Transaction with struck off companies:

As per information available with company , Company has not entered into transaction with struck off companies as per section 248 of the Companies Act ,2013 or section 560 of Companies Act ,1956.

(D) Details of Benami Property held:

There were no proceedings that has been initiated or pending against the company for holding any Benami property under the Benami Transaction (Prohibition) Act, 1988 (45 of 1988) and the rules made there under.

(E) Title deeds of Immovable property:

There were no immovable Property whose title deeds are not held in the name of company.

(F) Compliance with layer of companies:

The company has not Invested in any subsidiary Company.

(G) Compliance with approved scheme of arrangement :

Company has not prepared any Scheme of Arrangement in terms of section 230 to 237 of the Companies Act,2013.

(H) Utilisation of Borrowed Fund & Share Premium:

a) During the year, no funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other persons or entities, including foreign entities (“Intermediaries”), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other persons or entities indentified in any manner whatsoever by or on behalf of the Company (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of Ultimate Beneficiaries.

b) During the year, no funds have been received by the Company from any persons or entities, including foreign entities (“Funding Parties”), with the understanding , whether recorded in writing or otherwise , that the company shall, whether directly or indirectly, lend or invest in other persons or entities indentified in any manner whatsoever by or on behalf of the Funding Party (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

(I) The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

(J) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

(K) The Company have neither received nor given any fund from or to 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 to or on behalf of the Ultimate Beneficiaries.

(L) The Company has not been declared as wilful defaulter by any bank or financial institution or other lender.

(M) The company is not required to submit any quarterly returns or statements of Current assets banks or financial institutions.

(N) The Company do not have any transaction not recorded in the books of accounts that has been surrendered or

disclosed as income during the year in the tax assesments under the Income Tax Act,1961 (such as, Search or

survey or any other relevant provisions of the Income Tax Act, 1961) as on 31-03- 2025. (Previous Year 31-032024: Nil)

NOTE : 20

Figures of previous year have been recasted/ restated where necessary.

The notes on account form integral part of the financial statements. 1 to 20