C) Terms/rights attached to equity shares

The Company has only one class of equity shares having a par value of ' 10 per share. Each holder of equity shares is entitled to one vote per share. All equity shares of the Company rank pari passu in all respects including the rightto dividend. The company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subjectto the approval ofthe shareholders in the ensuing Annual General Meeting.

In the event of winding-up, subject to the rights of holders ofshares issued upon special terms and conditions, the holders of equity shares shall be entitled to receive remaining assets, if any, in proportion to the number of shares held at the time of commencement of winding-up.

Terms/rights attached to preference shares

The holder of preference share of the Company have a right to vote at a General Meeting of the Company only in accordance with limitations and provisions laid down in Section 47 of the Companies Act, 2013. The preference share holders will be entitled for distribution out of the assets of the Company remaining after distribution to lenders.

Future cash outflows in respect of above matters are determinable only on receipt of judgments/decisions pending at various forums/authorities. The management does not expect these claims to succeed and accordingly, no provision for the contingent liability has been recognized in the financial statements.

2 5 Segment information

As the company's business activity, in the opinion of the management , segment revenue from sales to external customers and internal transfer is less than 10% of total external and internal revenue of all segments , the disclosure requirements of Accounting Standard AS-17” Segment Reporting” issued by the Institute of Chartered Accountants of India are followed.

28 Considering the present financial position and the requirement of the accounting standard regarding certainty/virtual certainty, the Company has considered account for the net deferred tax assets as at the year-end as per Note No. 5

29 The identification of Micro, Small and Medium Enterprises is based on Management's knowledge of their status. Disclosure of trade payables under other liabilities is based on information available with the Company regarding.i.e. status of the suppliers as defined under the Micro, Small and Medium Enterprises Development Act, 2006. Business enterprises are required to pay MSMEs within 45 days, as per section 15 of the MSMED Act, 2006, depending on the presence of a written agreement. In case there is no written agreement, payment should be made within 15 days. In case there is a written agreement, payment shall be made as per the agreed-upon timeline, not exceeding 45 days. The details from the vendors have been sought by the company as to whether creditors are covered under MSM ED Act 2006 (as amended from time to time) or not. Based on information obtained, company has confirmed that payments to such parties have generally been made within the time frame stipulated under the said Act and the Creditors whose payment has not been cleared within stipulated time frame, there is no information available whether they are registered under MSME or not. So, company conclude that the above creditors are not registered under the MSME Act and we have relied on the information provided by Company.

30 The sitting fees and commission paid to non-executive directors is Rs. 70,000/- and Rs. 30,000/- as at March 31, 2024 and March 31, 2023, respectively.

31 Previous year's figures have been regrouped whenever considered necessary to confirm with the current year presentation.

With the ever-increasing stringency in the regulatory framework and disclosure requirements under various provisions of law, MCA, vide notification G.S.R. 207(E) dated March 24, 2021, has further prescribed a list of numerous additional disclosures required in the financial statements by amending schedule III to the Companies Act, 2013.

As per the new amendment in Schedule III to the said Act with effect from 1^st Day of April 2021 required to disclose in notes to accounts which are as under:

NOTE No.: 321. Title deeds of Immovable Property not held in name of the Company:

The title deed of all Immovable property (other than properties where the company is the lessee and the lease agreements are duly executed in favor of the lessee) disclosed in the financial statements are held in the name of the company.

2. Disclosure on Revaluation of Assets:

During the year, Company has not made any revaluation on Property, Plant and Equipment.

3. Disclosure on Loans / Advance to Directors / KMP / Related Parties:

During the year, the Company has not made any loan/advances in the nature of Loans to Promoters, Directors, KMPs, and the Related party either severally or jointly with any other person, that are:

a) Repayable on Demand or

b) Without Specifying any terms or period of repayment

4. Capital Work-in-Progress (CWIP):

During the year, Company has not made in Investment in any Capital asset which are working-inprocess as on the date of 31/03/2024.

5. Intangible Asset Under Development:

a) During the year, Company has not made in Investment in any Intangible asset which are working-in-process as on the date of 31/03/2024.

b) Company has not made any Investment in Intangible asset which are working-in- progress as on the date of 31/03/2024 but completed in next 1 year or 2 year or more than 2 years.

6. Details of Benami Property:

During the year, no proceedings have been initiated or are pending against the Company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made there under.

7. Working Capital/Borrowings:

During the year, the Company has not taken any Working Capital Loan/Borrowings from any Bank or financial institution on the basis of Security of Current Asset.

8. Willful Defaulter & End Use of Funds:

During the year, the Company is not a declared willful defaulter by any bank or financial Institution or other lender.

9. Relationship with Struck off Companies:

During the year, the Company has not made any transaction which are outstanding related to Investments / Receivable / payable with companies who is struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

10. Registration of Charges or Satisfaction with Register of Companies:

During the year, the Company was not required to register with Registrar of Companies regarding Creation of Charge or Satisfaction of Charge.

11. Compliance with number of layers of companies:

During the year, 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.

12. Ratio:

The Company has disclosed the Ratio with Explanation that which items are included in numerator and denominator, for this Refer "Annexure - A".

13. Compliance with approved Scheme(s) of Arrangements:

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

14. Utilization of Borrowed funds and share premium:

a) During the year, no funds have been advanced or loaned or invested (either from borrowed funds or securities premium or any other sources or kind of funds) by the Company to or in any persons or entities, including foreign entities ('the 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 identified in any manner whatsoever by or on behalf of the Company ('the Ultimate Beneficiaries') or provide any guarantee, security or the like on behalf the Ultimate Beneficiaries;

b) During the year, no funds have been received by the Company from any persons or entities, including foreign entities ('the 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 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;

15. No transactions were surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (43 of 1961) which have not been recorded in the books of accounts.

16. Corporate Social Responsibility:

During the year, the Company has not exceeded the criteria which are specified in Section 135 of companies Act, 2013, which are as under,

a) Company has not exceeded the Turnover of Rs. 1000 crore.

b) Company has not exceeded the Net Worth of Rs. 500 crores.

c) Company has not exceeded the Net Profit of Rs. 5 crores.

As per the Section 135 of Companies Act, 2013, the Company has not fulfilled any criteria during the year. Hence the Corporate Social Expenditure is not required to incur by the company.

17. Details of Crypto Currency or Virtual Currency:

Company has not traded or invested in Cr Crypto currency or Virtual Currency during the financial year.