During the current year, the Company has made a right issue of 1,44,00,000 fully paid-up equity shares of face value of X 10 each at issue price of X 10 per share on May 06, 2024. . Further, the Company has neither issued any shares with differential voting rights nor issued any sweat equity shares during the year ended March 31, 2025.

(iii) . Terms/rights attached to equity shares

Voting

Each shareholder is entitled to one vote per share held.

Dividends

The Company declares and pays dividends in Indian rupees. The dividend proposed bythe Board of Directors is subject to approval of the shareholders in ensuing Annual General Meeting except in the case where interim dividend is distributed. The Company has not distributed any dividend in the current and previous year.

Liquidation

In the event of liquidation of the Company, the shareholders shall be entitled to receive all of the remaining assets of the Company after distribution of all preferential amounts, if any. Such distribution amounts will be in proportion to the number of equity shares held by the shareholders.

(iv) . The Company has no holding company.

(vi). No class of shares have been allotted as fully paid up pursuant to contract(s) without payment being received in cash, allotted as fully paid up by way of bonus shares or bought back during the period of 5 years immediately preceding the Balance Sheet date.

Nature and purpose of Other equity:

(i) . General reserve

The general reserve is a free reserve which is used from time to time to transfer profits from / to retained earnings for appropriation purposes. As the general reserve is created by a transfer from one component of equity to another and is not an item of other comprehensive income, items included in the general reserve will not be reclassified subsequently to the Statement of Profit and Loss.

(ii) . Retained earnings

Retained earnings represents the surplus in the Statement of Profit and Loss and appropriations.

(iii) . Accumulated other comprehensive income

The Company recognises change on account of remeasurement of the net defined benefit liability as part of other comprehensive income with separate disclosure, which comprises of:

•    actuarial gains and losses;

•    return on plan assets, excluding amounts included in net interest on the net defined benefit liability; and

•    any change in the effect of the asset ceiling excluding amounts included in net interest on the net defined benefit liability.

The Company has elected to recognise changes in the fair value of certain investments in equity securities in other comprehensive income. These changes are accumulated in the FVOCI equity investments reserve. The Company transfers amounts from this reserve to retained earnings when the relevant equity securities are derecognised or sold. Any impairment loss on such instruments is reclassified to the Statement of Profit and Loss.

The capital reserve is a specific reserve created to accumulate capital profits that are not available for distribution as dividends to shareholders. These res erves typically arise from nonoperational activities, such as the sale of fixed assets, revaluation surpluses, or the receipt of capital grants. Unlike revenue reserves, the capital reserve is not meant for covering operating losses or normal business expenditures. Items included in the capital reserve will not be reclassified subsequently to the Statement of Profit and Loss, as they represent capital profits earmarked for specific purposes.