Terms/ rights attached to equity shares

The Company has only one class of equity shares having par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of company , the holders of equity shares will be entitled to receive remaining assets of company after settlement of all liabilities. The distribution will be in propotion to the number of equity shares held by the shareholders.

The Board of Directors at its meeting held on May 03, 2023 pursuant to section 63 and all other applicable provisions, if any, of the Companies Act 2013. and rules made thereunder, proposed that a sum of Rs. 510.00 Lacs be capitalised as Bonus Equity Shares out of free reserves and surplus, distributed amongst the Equity Shareholders by issue of 51.00 Lakh Equity Shares of Rs. 10 each credited as Fully paid to the Equity Shareholders in the proportion of 170:1 Equity Share for every 1 (One) Equity Shares. It has been approved in the extra ordinary general meeting held on May 03, 2023. The Board of Directors of the Company in the Board meeting dated May 03, 2023 alloted the Bonus Equity Shares to the shareholders of the Company. Earnings Per Share calculations have been restated for the previous year to give effect of bonus issue.

There are no identified Micro and Small Enterprises, to whom the Company owes dues, which are outstanding as on 31st March, 2025 and identified MSME creditors to whom payment delayed beyond 45 days. This information is disclosed as required under the Micro, Small and Medium Enterprises Development Act, 2006

During the financial year 2023-24, the company has successfully completed its Initial Public Offer (IPO) of 21,60,000 equity shares of Rs 10/-each at a price of Rs 65/- per equity share (Including a premium of Rs 55per share), amounting to Rs 1,404 lakhs. Equity Shares offered in IPO were allotted on 27th December 2023 and listed on 29 th December 2023. Details of the proceeds of IPO and utilisation, pursuant to Regulation of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are provided above.

32. Loans and Advances given to Related Parties

The Company, during the year, has granted Loans or Advances to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013) and details of the same are disclosed in the notes to accounts of the financial statements.

33. Security of Current Assets Against Borrowings

The company has not availed any borrowings from the Banks, hence reporting under this is not applicable.

34. Details of Benami Property held

There are no proceedings which have been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.

35. Willful Defaulter

The Company has not been declared as willful defaulter by any bank or financial Institution (as defined under companies Act, 2013) or consortium thereof or other lender in accordance with the guidelines on willful defaulters issued by the Reserve bank of India.

36. Relationship with Struck off Companies

The Company has not entered into any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

37. Registration of Charge

The Company does not have any charges or satisfaction which are yet to be registered with Registrar of Companies beyond the statutory period.

38. Compliance with number of layers of comapanies

The company does not have any subsidiaries and hence disclosure related to non compliance 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 is not applicable.

The variance in many ratios are due to operational changes. Revenue growth along with higher efficiency on working capital improvement has resulted in an improvement in certain ratios. The Company has added Share Capital and reduced certain borrowings, resulting in changes in some ratios.

40. Disclosure where company has given loan or invested to other person or entity to lend or invest in another person or entity

The company has not advanced or given loan 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 (i) 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 (ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries and hence disclosure in this regard is not applicable.

41. Disclosure where company has received fund from other person or entity to lend or invest in other person or entity

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 (i) 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 (ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries, and hence disclosure in this regard is not applicable.

42. Undisclosed Income

The Company does not have any transaction which not recorded in the books of accounts that has been surrendered 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). Further, there are no transactions which are previously unrecorded income and related assets that were recorded in the books of accounts during the year.

43. CSR Expenditure

The provisions of Corporate Social Responsibility under section 135 of Companies Act, 2013 is not applicable to the company.

44. Details of Crypto Currency

The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year, and hence disclosure relating to profit or loss on transactions involving Crypto/Virtual Currency and amount of currency held as at the reporting date and deposits or advances from any person for the purpose of trading or investing in Crypto/virtual currency is not applicable.

45. Segment Reporting (AS-17)

Company is unable to provide Segment Reporting as it is mainly operating in only a single Business or Geographical Segment, as stated below:

a) Primary Segment (Business Segment): The Company is Primarily engaged in the business of trading of Metal and Electrical products, Infrastructure activity and other related services. The entire operations are governed by the same set of risk and returns. Hence, the same has been considered as representing a single Business Segment.

b) Secondary Segment (Geographical Segments): The Company's all Revenue are from the India for both the reporting periods. Hence, the same has been considered as representing a single Geographical Segment.

46. Pending Litigation

The Company does not have any pending litigation.

47. Bank Guarantee

The Company has not obtained any Bank guarantees during the year.

48. Confirmations

Balances of the Trade Receivables, Trade Payable, Loans and Advances and other current liabilities are subject to confirmation and reconciliation.

49. Regrouping

The previous year figures have been reclassified / regrouped / rearranged to conform to this year's classification. Figures in brackets indicate those for previous years.

50. Events after the Balance Sheet date

There were no significant events that occurred after the Balance Sheet date that required any adjustments to the financials.