g PROVISIONS

Necessary provisions are made for present obligations that arise out of events prior to the balance sheet date entallinq
future outflow of economic resource. Such provisions reflect best estimates based on available information.

h CONTINGENT LIABILITIES

Contingent liabilities are not provided for and are disclosed by way of Notes to Accounts. Contingent Assets are not
recognized or disclosed In the Financial Statements. A provision is recognised when an enterprise has a present obligation
as a result of past events and it is probable that an outflow of resources embodying economic benefits will be required to
settle the obligations in respect of which a reliable estimate can be made for the amount of obligation.

i EMPLOYEES BENEFITS

No provision is made for liabilities In respect of gratuity, leave in cashment and other retirement benefit as may be payable

to the employees. The same Is accounted for on actual payment basis.

j IMPAIRMENT OF ASSETS

Jexternaf'fnrt^T irl ^rev!™^ed at_t ^{each baIance sheet da}te for any indication of impairment based on internal

k FOREIGN CURRRENY TRANSACTIONS

Foreign currency transactions are recorded in the reporting currency, by applying to the foreign currency amount the
exchange rate between the reporting currency and the foreign currency at the date of the transaction. Monetary items
denominated in foreign currencies at the year-end are translated at the exchange rates prevailing on the date of the Balance
Sheet. Non-monetary items denominated in foreign currencies are carried at cost.

Any income or expense on account of exchange differences either on settlement or on translation of transactions is
recognized in the Profit and Loss Account.

I INVESTMENT

Long Term Investments are stated at cosLThe current investments are stated at lower of cost and quoted / net asset value/
fair value computed category wise.

m NOTE ON ROUNDING OFF

All the amount disclosed in the financial statements and notes have been rounded off to the nearest hundred (Two places of
decimals).

34 On the basis of information available with the Company Micro, Small and Medium Enterprises Development Act, 2006 there are no
enterprises to whom company owes dues which are outstanding at the year end.

There are no proceedings that have been initated or pending against the company for holding any benamt property under Benami Transaction

³⁵ (Prohibition) Act, 1988.

The Company has no Immovable Property whose title deeds are not held in the name of the company, or Capital Work in Progress or
35 Intangible Assets under Development.

During the year, the Company has been sanctioned working capital limits from bank. The Company has filed quarterly returns or statements

37 with such bank, which are in agreement with the books of account.

38

The Company has registered charges which are required to be registered with the Registrar of Companies (ROC) within the time limit.

39 The company has not been declared as 'Wilful Defaulter¹ by any bank or financial institution or other lender

There are no transaction which has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax
^W Act, 1961.

42 Previous year figures have been reclassified / regrouped / recast wherever necessary.

AS PER OUR REPORT OF EVEN DATE

FOR Gaur & Associates — For and on behalf of the Board of Directors

Chartered Accountants

FRN No. 005354C w ^ t

Satish Kumar Gupta Jm) Brij Bhushan MonaSInghal ArpitlGupta

(Partner) (Managing Director) (Director) (CFO)

M.No. 016746 vqgDACgSi^ Din No. 01934853 Din No. 07457919

Date: 07/08/2024
Place: New Delhi

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