13. Provisions, Contingent Liabilities and Contingent Assets:

A provision is recognized if, as a result of a past event, the Company has a present legal obligation that is reasonably estimated, and it is
probable that an outflow of economic benefits will be required to settle the obligation. Provisions are determined by the best estimate of the
outflow of economic benefits required to settle the obligation at the reporting date. Where no reliable estimate can be made, a disclosure is
made as contingent liability. A disclosure for contingent liability is also made when there is a possible obligation or a present obligation that
may, but probably will not, require an outflow of resources. Where there is a possible obligation or a present obligation in respect of which the
likelihood of outflow of resources is remote, no provision or disclosure is made.

14. Earnings Per Share:

Basic and diluted earnings per share are computed in accordance with Accounting Standard-20. Basic earnings per share are calculated by
dividing the net profit or loss after tax for the year attributable to equity shareholders by the weighted average number of equity shares
outstanding during the year. Diluted earnings per equity share are computed using the weighted average number of equity shares and dilutive
potential equity shares outstanding during the year, except where the results are anti-dilutive.

15. Rounding of amounts:

All amounts disclosed in financial statements and notes have been rounded off to the nearest lakhs, unless otherwise stated.

16. Investments:

Current investments are stated at lower cost or fair market value. Long-term investments are stated at cost after providing for diminution in
value. Provision for diminution in value is made only when the decline is other than temporary in the opinion of the management.

On disposal of an investment, the difference between it carrying amount and net disposal proceeds is charged or credited to the Statement of
Profit and Loss.

17. Cash And Cash Equivalents

Cash and cash equivalents for the purpose of Cash Flow Statement comprise cash and cheques in hand, bank balances, demand deposits with
banks (other than deposits pledged with government authorities and margin money deposits) with an original maturity of three months or less.

18. Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the effects of
transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash flows from operating,
investing and financing activities of the Company are segregated based on the available information.

28 Additional regulatory information

(a) Capital Work in Progress Ageing Schedule Refer Note No. 11

(b) There are no Intangible Assets under development As at 31-Mar-2025

(c) No proceeding have been initiated nor pending against the company for holding any benami property under the

Benami Transactions (Prohibition) Act,1988 (45 of 1988) and rules made thereunder.

(d) The Company have sanctioned borrowings/facilities from banks on the basis of security of current assets. The
quarterly returns or statements of current assets filed by the Company with banks and financial institutions are in
agreement with the books of accounts.

(e) The Company is not declared Willful Defaulter by any Bank or Financial Institution or Other Lender.

(f) The Company does not have any transactions with the companies struck off under section 248 of the Companies
Act, 2013 or section 560 of the Companies Act, 1956.

(g) No Charges or satisfaction of charges are yet to be registered with registrar of companies beyond the statutory
period.

(h) The Company has complied with the number of layers prescribed Under Clause (87) of Section 2 of the act read
with Companies (Restriction on Number of Layers) Rules, 2017.

(i) No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the
Companies Act, 2013.

(j) The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other
sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the
understanding (whether recorded in writing or otherwise) that the Intermediary shall 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 provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

(k) 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 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 provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

(l) No Transactions has been surrendered or disclosed as income during the year in the tax assessment under the
Income Tax Act, 1961. There are no such previously unrecorded income or related assets.

(m) Corporate Social Responsibility (CSR) : Refer Note No. 32

(n) The Company has not traded or invested in Crypto Currency or Virtual Currency during the financial year.

30 Segment Information

The Company has considered the business segment as the primary reporting segment on the basis that the risk and returns
of the Company is primarily determined by the nature of products. Consequently, the geographical segment has been
considered as a secondary segment.

In accordance with the requirements of Accounting Standard 17 - "Segment Reporting" the Company operates in a Single
Primary Segment ( Business Segment) Technical Textiles products

Since 100% of the Company's business is in this segment there are no other primary reportable segments. Thus, the
Segment Revenue, Segment Results, Total carrying amount of Segment Assets, Total carrying amount of Segment
Liabilities, Total cost incumed to acquire segment assets, the total amount charge for depreciation and amortisation during
the year are all as reflected in the financial statements for the year ended on March 31, 2025 and as on that date.

Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision
Maker (CODM). The CODM is considered to be the Board of Directors who makes strategic decisions and is responsible
for allocating resources and assessing performance of the operating segments.

Reasons for Variations

A Current Ratio : It is reduced due to increase in current liabilities as compared to previous year.

B Return on Equity (ROE)(%) : Return on Equity Ratio has been decreas ed during the year mainly due to increase in Equity Capital and Securities premium received
through Initial Public Offer by company during the previous year as well as increase in current year net profit as compared to previous year. Due to IPO net worth
of company is increased hence ROE decreased

C Inventory Turnover Ratio: It is improved due to reduction in the inventory levels as compared to previous year

37 All amounts disclosed in the financial statements and notes have been rounded off to the nearest Lakhs as per requirement of
Schedule - III, unless otherwise stated.

38 Previous Year’s figures have been regrouped, rearrange, reclassified wherever necessary to correspond with the current year
classification / disclosure.

For, S V J K and Associates For and on behalf of the Board of Directors

(Previously known as A S R V & Co.) Shri Techtex Limited

Chartered Accountants
FRN: 135182W

Shradha Agarwal Hanskumar Agarwal

Ankit Singhal Managing Director Director

Partner (DIN : 02195281) (DIN : 00013290)

Membership No. 151324
UDIN: 25151324BMOBZS9203

Ashish Bhaiya Hardik Mathur

Chief Financial Officer Company Secretary

Date: May 29, 2025 Date: May 29, 2025

Place: Ahmedabad Place: Ahmedabad