i. IND AS - 37 Provisions Contingent liabilities and contingent assets: -

The Company creates a provision when there is present obligation as a result
of a past event that probably requires an outflow of resources and a reliable
estimate can be made of the amount of the obligation.

A disclosure for a contingent liability is made when there is a possible
obligation or a present obligation that may, but probably will not, require an
outflow of resources. The Company also discloses present obligations for
which a reliable estimate cannot be made. 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.

j. Cash and Cash Equivalents

Cash and cash equivalents comprise of cash at banks and on hand and short¬
term deposits with an original maturity of three months or less, which are
subject to an insignificant risk of changes in value. For the purpose of the
statement of cash flows, cash and cash equivalents consist of cash and short¬
term deposits, as defined above, net of outstanding bank overdrafts if any, as
they are considered an integral part of the Company's cash management.

k. Significant accounting judgements, estimates and assumptions

The preparation of financial statements in conformity with the Ind AS
requires the management to make judgments, estimates and assumptions
that affect the reported amounts of revenues, expenses, assets and liabilities
and the accompanying disclosure and the disclosure of contingent liabilities,
at the end of the reporting period. Estimates and underlying assumptions are
reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimates are revised if the revision
affects only that period or in the period of the revision and future periods if
the revision affects both current and future periods. Although these
estimates are based on the management's best knowledge of current events
and actions, uncertainty about these assumptions and estimates could result
in the outcomes requiring a material adjustment to the carrying amounts.

b) Terms/rights attached to equity shares

The Company has only one class of equity shares, having a par value of '10 per share. All shares rank pari passu with respect to dividend, voting rights and
other terms. Each shareholder is entitled to one vote per share. The dividend proposed, if any, by the Board of Directors is subject to approval of
shareholders in the ensuing Annual General Meeting, except in case of interim dividend. The repayment of equity share capital in the event of liquidation
and buy back of shares are possible subject to prevalent regulations. In the event of liquidation, normally the equity shareholders are eligible to receive the
remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.

Details of dues to Micro, small & medium Enterprises as per MSMED Act, 2006

The Company has initiated the process of obtaining the confirmation from suppliers who have
registered under the Micro, Small and Medium enterprise development Act, 2006 (MSMED Act,
2006) based on information available with the company, the balance due to micro and small
enterprise as defined under the MSMED Act, 2006 is nil. No interest has been paid or payable
under MSMED Act, 2006 during the year

There are no Due payable to small scale industries undertaking in view of the business of the
company

25. The previous year's figures have been reworked, regrouped, and reclassified
wherever necessary. Amounts and other disclosures for the preceding year are
included as an integral par of the current year financial statements and are to
be read in relation to the amounts and other disclosures relating to the current
year.

26. Credit and Debit balances of unsecured loans, sundry creditors, sundry Debtors,
loans and Advances are subject to confirmation and therefore the effect of the
same on profit could not be ascertained.

3 0. Capital Management

The primary objective of the Group's capital management is to maximize the
shareholders' interest, safeguard its ability to continue as a going concern and
reduce its cost of capital. Company is focused on keeping strong total equity
base to ensure independence, security as well as high financial flexibility for

potential future borrowings required if any. Company's capital for capital
management includes debt and total equity. As at March 31, 2025 and March
31, 2024 total capital is Rs. 643.17 Lakhs and Rs. 597.92 Lakhs respectively. No
changes were made in the objectives, policies or processes for managing capital
during the year ended March 31, 2025, March 31, 2024.

31. Relationship with Stuck off Companies

During the year, the company does not have any transaction with companies
struck off under section 248 of the Companies Act, 2013 or section 560 of
Companies Act, 1956

32. Willful Defaulters

During the year, the company is not declared as wilful defaulter by any bank or
financial Institution or other lender.

34. Undisclosed Income

The company do not have any transaction 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], unless there is
immunity for disclosure under any scheme. The company shall also not have
the previously unrecorded income and related assets have been properly
recorded in the books of account during the year.

3 5. Details of Crypto Currency or Virtual Currency

The company has not traded or invested in Crypto Currency or Virtual Currency
during the financial year, the following shall be disclosed:

(a) profit or loss on transactions involving Crypto Currency or Virtual
Currency;

(b) amount of currency held as at the reporting date;

(c) deposits or advances from any person for the purpose of trading or
investing in Crypto Currency / Virtual Currency.

For and on behalf of the Board of Directors of
For D G M S & Co. Naksh Precious Metals Limited

Chartered Accountants (Formerly known as Vaksons Automobiles Limited]

SD/- SD/- SD/-

Hiren J Maru Sneha Vispute Abhijeet Sonawane

Whole Time Director &

Partner Managing Director CFO

M.No. 115279 DIN 09693252 DIN 09694063

FRN: 0112187W

Place: Mumbai SD/-

Date: 30^th May 2025 Bhupendra Bhadani

Company Secretary &
Compliance Officer

Place: Nashik Place: Nashik

Date:30^th May 2025 Date: 30^th May 2025