Sensitivity Analysis Gratuity Plan

Sensitivity Analysis: Significant actuarial assumptions for the determination of the defined benefit obligation are discount rate and expected salary increase rate. Effect of change in mortality rate is negligible. Please note that the sensitivity analysis presented below may not be representative of the actual change in the defined benefit obligation as it is unlikely that the change in assumption would occur in isolation of one another as some of the assumptions may be correlated. The results of sensitivity analysis are given below:

xiv. Cash flow statement:

Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash flows from operating, investing and financing activities of the Company are segregated based on the available information.

xv. Loan, Advances & Security Deposit:

Balances of Loans and Advances, Debtors, Creditor, Banks are subject to confirmation and reconciliation. The company receives advance/ security deviation from it's various franchisee(s) and the same is adjusted against the amount due from them as on the date of balance sheet. The Company also receives deposit from branch partner towards security deposit against stock provided to them and same is shown in balance sheet as other non current liability.

(iii) Loans and Advances in nature of loans granted to directors, promoters, KMPs, and the Related Parties during the year:

The Company has not granted any loan or advances in nature of loans to directors, promoters, KMPs, and the Related Parties during the year either jointly or severally whether repayable on demand or without specifying any terms or period.

xx. Estimates and Assumptions

The key assumptions concerning the future and other key sources of estimation at the reporting date,which may cause material adjustment to the carrying amounts of assets and liabilities within the next financial year. The Company based its assumptions and estimates on parametersavailablewhen the financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond the control of the Company. Such changes are reflected in the assumptions when they occu The areas involving critical estimates and judgements ar

- Useful lives of Property, plant and equipment and intangible

- Measurement of defined benefit obligation:

- Provision for inventories

- Measurement and likelihood of occurrence of provisions and contingencie

- Impairment of trade receivable

- Deferred Taxes

xxi. Dividend:

The Board has recommended final dividend of Re 0.01 per equity share having face value of Re. 1/- each for the financial year 2023-24 subject to approval of the shareholders at the esnsuring Annual General Meeting of The Company.

d. Provision for current tax is made in the accounts on the basis of estimated tax liability as per the applicable provisions of the Income Tax Act 1961.

e. Figures pertaining to the previous years/period have been regrouped/rearranged, reclassified and restated wherever considered necessary, to make them comparable with those of current year/period.

f. The Company does not have any benami property, where any proceeding has been initiated or pending against the company for holding any Benami Property.

g. The Company does not have any transactions with companies struck off.

h. The company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

i. The company have not traded or invest in Crypto currency or Virtual currency during the financial year.

j. The company have not advanced or given loan or invested fund to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding 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.

k. The company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding party) with the understanding (whether recorded in writing or otherewise) 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 to or on behalf of the Ultimate Beneficiaries.

l. The company does not have any such tranasaction which is not recorded in the books of accounts that has been surrendered or discloused as income during the year in the tax assessment under the Income Tax Act, 1961 (such as, search or survey or any other relevent provisions of the Income Tax Act, 1961)

m. The company has not been declared as Wilful defaulter by the Banks, Financial institution or other lenders.