16. Provisions and Contingent Liability: -

A Provision is recognized, if as a result of past event the company has a present obligation that is reasonably estimable
and it is probable that an outflow of economic benefits will be required to settle the Obligation. Provisions are not
discounted to their present value and are determined based on the best estimate required to settle the obligation at the
reporting date. These estimates are reviewed at each reporting date and adjusted to reflect the current best estimates.

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the
occurrence or non-occurrence of one or more uncertain future events beyond the control of the Company or a present
obligation that is not recognized because it is not probable that an outflow of resources will be required to settle the
obligation. A contingent liability also arises in extremely rare cases where there is a liability that cannot be recognized
because it cannot be measured reliably. The Company does not recognize a contingent liability but discloses its existence
in the financial statements.

1. The company has only one class of shares viz. equity shares having a par value of '10/- each as above. All equity shares,
in present and in future, rank pari passu with the existing equity shares of the company and each shareholder is entitled
to one vote per share.

2. The company is neither a subsidiary nor a holding company of any other body corporate. Disclosures as regards the
Shareholdings in or by such body-corporate, accordingly, are not applicable on the company.

3. In the Event of Liquidation of the company, the share holders holding 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 Shareholders.

b) Defined benefit Plan-The company had opted for defined benefit gratuity plan.

The company has created a gratuity fund which is managed by the Life Insurance Corporation of India. The premium
paid for the gratuity is treated as deductible expense for the company and is not treated as perks in the hands of the
employees. The amount of such premium paid by the Company for the Gratuity Fund to LIC is mentioned in the below
mentioned table:

NOTE No :- 3.33 Realizations

In the opinion of the Board and to the best of its knowledge and belief, the value on realization of current assets, loans and
advances will, in the ordinary course of business is not less than the amounts at which they are stated in the Balance sheet.

NOTE No 3.34 Impairment of Assets

The management of the company has carried out an exercise to ascertain impairment of Fixed Assets, if any, In the opinion
of the management of the company there are no indication of impairment of assets as at 31/03/2025 and therefore no effect
of impairment is required to be given in the books of account.

NOTE No :- 3.35 Micro Small and Medium Enterprise (MSME) Creditors

The Micro Small and Medium Enterprise registered under The Micro small and Medium Enterprise Development Act 2006
have been taken based on the list of MSME creditors provided by the management. The Company has initiated the process
of identification of suppliers registered under Micro and Small Enterprise Development Act, 2006, by obtaining confirmations
from all suppliers. Information has been collated to the extent of information received. However, as the Company has not
received any claims in respect of such interest and as such, no provision has been made in the books of accounts.

NOTE No :- 3.36 General Notes: -

• Previous Year's Amounts have been regrouped/reclassified wherever necessary to correspond with current year's
classification/disclosure.

• Balances shown under Long-term borrowings, long term provisions, short term provisions, Trade payables, Other
current liabilities, long term loans and advances, inventories, Trade Receivables, Short term loans and advances and
other current assets, etc. are subject to confirmation/reconciliation, if any. The management does not expect any
material difference affecting the current year's financial statements.

• Cash Balance is taken as valued & certified by management.

• Confirmations/certificates in respect of unsecured loans, advances from customers, advances recoverable in cash or in
kind, investments and various other parties are awaited.

NOTE No :- 3.37 Pending Litigations and Civil Proceedings: -

There are no outstanding litigations, suits, criminal or civil prosecutions, proceedings or tax liabilities against/by our Company,
our Directors, our Promoters and our Group Entities and there are no defaults, non-payment of statutory dues, over-dues to
banks/financial institutions, defaults against banks/financial institutions by our Company, default in creation of full security
as per terms of issue/other liabilities, no proceedings initiated for economic/civil/any other offences (including past cases
where penalties may or may not have been awarded and irrespective of whether they are specified under paragraph (I) of
Part 1 of Schedule V to the Companies Act) other than unclaimed liabilities of our Company and no disciplinary action has
been taken by SEBI or any stock exchange against our Company, our Promoters, our Directors and Group Entities other than
demands under Income Tax Department which are listed below against which the company has filed appeal:

Further, there are no past cases in which penalties have been imposed on our Company, our Promoters, our Directors or
our Promoter Group Entities, and there is no outstanding litigation against any other Company whose outcome could have
a material adverse effect on the position of our Company. Further, there are no cases of litigation, defaults etc. in respect of
companies/firms/ventures with which the Promoters were associated in the past but are no longer associated, in respect
of which the name(s) of the Promoters continues to be associated.

Further, there are no show-cause notices / claims served on our Company, our Promoters, our Directors or our Group Entities
from any statutory authority / revenue authority that would have a material adverse effect on our business.

For Mistry & Shah LLP For and on behalf of the Board of Directors

Chartered Accountants Ashutosh D. Gandhi Pooja Rajan Ambure

FRN:W100683 Managing Director Executive Director

DIN:00654563 DIN:10482692

Partner Dhara Bhuta Darshan M Mistry

Krunal Shah Company Secretary CFO

M. No. 144596 M.No. A60433

UDIN: 25144596BMGYRC2490

Place : Ahmedabad Place : Ahmedabad

Date : 28^th May,2025 Date : 28^th May,2025