The Names of related parties and nature of the relationships are disclosed irrespective of whether or not there have been transactions between the related parties. For Related party transactions, it is disclosed only when the transactions _ are entered into by the company with the related parties during the existence of the related party relationship.
Note 25 Other Regulatory Information
1 The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property.
2 The Company does not have any charges pending satisfaction with ROC beyond the statutory period.
3 The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.
The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:
4 (a) 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,
(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
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:
5 (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 on behalf of the Ultimate Beneficiaries.
The Company has no such transaction which is not recorded in the books of accounts that has been surrendered
6 or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.
The Company has not been declared as wilful defaulter by any bank or financial institution (as defined under the
7 Companies Act, 2013) or any other lender or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India.
8 The Company does not have any transactions with companies struck off, otherwise disclosed.
As per Rule 3(1) of Companies (Accounts) Rules, 2014 (as amended), the Company has used accounting software for maintaining its books of account which, along with change log management, has a feature of recording audit
9 trail (edit log) facility in terms of laid down requirements, and the same has been operated throughout the financial year 2025-26 for all the relevant transactions recorded in the software. However, company has not created multiple user per person and it is operating through single username.
In the opinion of the Board of Directors, current assets have a value on realization in the ordinary course of
10 business at least equal to the amount at which they are stated in the balance sheet and provisions for all known / expected liabilities have been made.
11 The figures of the previous year have been re-classified according to current year classification wherever required.
Note 26 Other Regulatory Information
The Company has received an In Principal Approval Order from BSE for issue of 4,84,84,500 warrants [at Rs. 16.50 (including premium of Rs. 6.50/-)] convertible into 4,84,84,500 equity shares [having face value Rs. 10]
1 whereas Investors has subscribed for 2,59,84,500 warrants convertible into 1 Equity share of at face value of Rs. 10/- each. From the total subscribed warrants, equity shares of 77,00,000 shares are converted into the Equity shares and effect of the same has been provided into Earning per share of the company.
2 There will be no effect on the potential convertible equity instrument on Diluted EPS because exerise price is greater than market price. We have attached an Additional Disclosure for the Statement on Utilization of proceeds.
3 Statement on Utilisation of proceeds from Preferential Issue of Convertible Equity Share Warrants ("Warrants") issue: -
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