11 PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS (AS-29)

The company recognizes as Provision, the liabilities being present obligation arising out of past events, the
settlement of which is expected to result in an outflow of resources and which can be measured only by using a
substantial degree of estimation.

When 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.

Contingent assets are neither recognised nor disclosed.

13 CASH AND CASH EQUIVALENTS

For the purpose of Cash Flow Statement, cash and cash equivalents include cash in hand and demand deposits
with banks.

14 EARNINGS PER SHARE (AS-20)

Basic earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of
extraordinary items, if any) by the weighted average number of equity shares outstanding during the year.
Diluted EPS is computed using weighted average number of equity and dilutive equity equivalent shares
outstanding during the year, except where results would be anti-dilutive.

₁₅ FOREIGN CURRENCY TRANSACTIONS (AS-11)

Transactions denominated in foreign currencies are recorded at the exchange rate prevailing on the

i) date of the transaction.

Monetary items denominated in foreign currency at the end of year are reported using the closing

ii) rate.

Non monetary foreign currency items are carried at cost using the exchange rate at the date of

iii) transaction.

Any Gain or Loss on account of exchange difference either on settlement or on translation is recognized in the
Statement of Profit & Loss except in case they relate to acquisition of fixed assets, they are adjusted to the

iv) carrying cost of such assets.

₁₆ SEGMENT (AS-17)

The company operates in a single segment, no segment reporting is required by the company as of
now.

e. Terms/ Rights attached to Equity Shares

The Company has only one class of issued share capital i.e. equity shares having a par value of Rs.10/- per share (March
31,2024 : Rs.10/- per share). Each holder of equity shares is entitled to one vote per share. The Company declares and pays
dividend in Indian rupees. The dividend proposed by the Board of Directors (if any) is subject to the approval of the
shareholders in the ensuing Annual General Meeting.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the
company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares
held by the equity shareholders.

(a) The company has availed secured auto loan of Rs 2010000 , carrying interest rate of 8.1% per annum
(March 31, 2024: Rs 2010000) against the sanctioned auto loan amount of Rs 2010000 (March 31,
2024:Rs 2010000) from HDFC Bank. The current outstanding amount against the loan is Rs 1,60,686.43
(March 31, 2024: Rs 6,17,599.80).The loan was obtained for the purpose of purchasing MG Hectar
electric vehicle by the company during the financial year 20-21 .The term loan is repayable in 60
equated monthly instalments commencing from 5th August , 2020. This term loan is secured by way of
hypothecation over the Company's electronic vehicle for which the loan is obtained.

(b) The company has availed secured auto loan of Rs 2125000/-, carrying interest rate of 9.75 % per annum
(March 31, 2024: Rs 0) against the sanctioned auto loan amount of Rs 2125000/- (March 31, 2024:Rs 0)
from Axis Bank. The current outstanding amount against the loan is Rs 13,59,102.00 (March 31, 2024:
Rs 20,11,455.00.The loan was obtained for the purpose of purchasing Audi Car by the company during
the financial year 23-24 .The term loan is repayable in 36 equated monthly instalments commencing
from February 2024. This term loan is secured by way of hypothecation over the Company's Audi car
for which the loan is obtained.

(c) The company has availed secured machinery loan of Rs 6000000 , carrying interest rate of 8.45% per
annum (March 31, 2024: Rs 6000000) against the sanctioned machinery loan amount of Rs 6100000
(March 31, 2023:Rs 6100000) from SIDBI. The current outstanding amount against the loan is Rs

41.74.000. 00 (March 31, 2024: Rs 6000000).The loan was obtained for the purpose of purchasing
machinery by the company during the financial year 22-23 .The term loan is repayable in 36 equated
monthly instalments commencing from May, 2024. This term loan is secured by way of hypothecation
over the Company's machinery.

(d) The company has availed secured machinery loan of Rs 2,02,63,011.00 , carrying interest rate of 8.70 %
per annum (March 31, 2024: Rs 2,02,63,011) against the sanctioned machinery loan amount of Rs
2,26,72,000 (March 31, 2024:Rs 2,26,72,000) from SIDBI. The current outstanding amount against the
loan is Rs 1,94,25,011.00 (March 31, 2024: Rs 0).The loan was obtained for the purpose of purchase of
land by the company during the financial year 24-25 .The term loan is repayable in 54 equated monthly
instalments commencing from February,2025. This term loan was secured by way of hypothecation
over the Company's land.

(e) The company has availed secured machinery loan of Rs 13400000 , carrying interest rate of 8.35 % per
annum (March 31, 2024: Rs 134000000) against the sanctioned machinery loan amount of Rs 13400000
(March 31, 2024:Rs 13400000) from SIDBI. The current outstanding amount against the loan is Rs

61.79.000. 00 (March 31, 2024: Rs 91,67,000).The loan was obtained for the purpose of purchasing
machinery by the company during the financial year 21-22.The term loan is repayable in 54 equated
monthly instalments commencing from November, 2022. This term loan was secured by way of
hypothecation over the Company's machinery

(f) The company has availed secured PCS loan of Rs 13400000/- , carrying interest rate of 9.05 % per
annum (March 31, 2024: Rs 1,34,00,000) against the sanctioned PCS loan amount of Rs 13400000
(March 31, 2024:Rs 1,34,00,000) from SIDBI. The current outstanding amount against the loan is Rs

99.28.000. 00 (March 31, 2024: Rs1,29,04,000).The loan was obtained for the purpose of purchasing
land and to make payment to its creditors by the company during the financial year 23-24.The term
loan is repayable in 54 equated monthly instalments commencing from February 2024. This term loan
was secured by way of hypothecation over the Collateral property.

(g) Loans from director Mr. Sanjay Mathur of Rs. 15650000 carries an interest rate of 8 % (31st March,
2024 - 8%) per annum (March 31, 2024: Rs. 15650000.00). The current outstanding amount is Rs.

1.00. 00.000 (March 31, 2024 : Rs. 15650000 The loan was taken gradually till September 2016,
thereafter has stayed constant till date. The loan is repayable on demand which the company expects
shall not be made within 12 months from the reporting date.

(h) Loans from director Mrs. Archana Mathur of Rs. 10850000 carries an interest rate of 8 % (31st march,
2024 - 8%) per annum (March 31, 2024: Rs. 10850000.00). The current outstanding amount is Rs.

50.00. 000 (March 31, 2023 : Rs. 10850000 The loan was taken gradually till September 2016, thereafter
has stayed constant till date. The loan is repayable on demand which the company expects shall not be
made within 12 months from the reporting date.

(i) As on the Balance sheet date there is no default in repayment of loans and interest thereon.

35 Additional regulatory
information required by
Schedule III of Companies
Act, 2013

(i) Details of Benami property: 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 the rules made thereunder.

(ii) Utilisation of borrowed funds and share premium:

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:

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:

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

(iii) Compliance with number of layers of companies: The Company has complied with the number of

layers prescribed under the Companies Act, 2013.

(iv) Compliance with approved scheme(s) of arrangements: The Company has not entered into any scheme
of arrangement which has an accounting impact on current or previous financial year.

(v) Undisclosed income: There is no income surrendered or disclosed as income during the current or
previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the
books of account.

(vi) Details of crypto currency or virtual currency: The Company has not traded or invested in crypto
currency or virtual currency during the current or previous year.

(vii) Valuation of PP&E, intangible asset and investment property: The Company has not revalued its
property, plant and equipment or intangible assets or both during the current or previous year.

(viii) The company has not granted any loans or advances in the nature of loans either repayable on demand.

36 The figures have been rounded off to the nearest thousands of rupees upto two decimal places. The
figure 0.00 wherever stated represents value less than Rs. 100/-.

Borrowing Costs capitalised
during the year amounts to
Rs. Nil. (Previous Year - Rs.

37 0.00)

Note No.1 to 39 form integral part of the Standalone Balance Sheet and

38 Standalone Statement of Profit and Loss.

Previous year figures have
been re-grouped or re¬
arranged wherever

39 necessary.

The accompanying notes
referred to above form an
integral part of the
financial statements.

For and On behalf of Board of

As per our Report of even date Directors

For KISHORE & KISHORE Sd/- Sd/-

CHARTERED ACCOUNTANTS

FRN : 000291N (SANJAY MATHUR) (ARCHANA MATHUR)

DIRECTOR DIRECTOR

DIN:

DIN:00285032 00285041

RAHUL AGGARWAL
(PARTNER), M. NO. 549942

Sd/- Sd/-

PLACE : FARIDABAD (PRABHAT BHATIA) (ABHA JAIN)

DATED : 23/05/2025 Chief Financial Officer Company Secretary