k) Provisions:

The Provision for all known liabilities are adjusted and are not in excess of the amount considered reasonable necessary.
A provision is recognised when an enterprise has a present obligation as a result of past event; it is probable that an
outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made.
Provisions are determined based on best estimate required to settle the obligation at the balance sheet date. These are
reviewed at each balance sheet date and adjusted to reflect the current best estimates.

l) Earnings per Share:

The amount considered in ascertaining the Company's earnings per share constitutes the net profit after tax. The
number of shares used in computing basic earnings per share is the weighted average number of share outstanding
during the period. The number of shares used in computing diluted earnings per share comprises the weighted average
number of shares considered for deriving basic earnings per share and also the weighted average number of shares
which could have been issued on conversion of all dilutive potential shares."

m) Borrowing Cost:

Borrowing cost comprises Interest & Finance charges to the extent related / attributable to qualifying assets created in

existing business. All new capital Assets Purchase during the year are put to use within one year, hence is not qualified
as “Qualifying assets” in view of AS -16. As a result borrowing costs are charged to profit and loss account in the period of
their accrual.

n) Impairment of Assets

Consideration is given at each balance sheet date to determine whether there is any indication of impairment of the
carrying amount of the assets/Cash generating units. If any indication exists an impairment loss is recognised, when the
carrying amount exceeds the greater of net selling price and present value in use.

o) Research & Development

Expenditure related to capital items is debited to fixed assets and depreciated at applicable rates. Revenue
expenditure is charged to the Profit & Loss A/c. of the year in which they are incurred.

p) Cash & Cash equivalent

Cash and cash equivalents for the purpose of cash flow statement comprise cash at bank and in hand and short-term
investment with an original maturity of twelve months or less.

q) Previous year's figures have been regrouped where necessary to confirm this year's classification.

r) The Trade Receivables, Trade Payables & Loans & Advances are subject to confirmation by the parties. In the opinion of
the Board, the Current Assets are approximate of the value stated if realised in the ordinary course of business.

As Per Our Report of Even Date
For DEVANG KUMAR DAND & ASSOCIATES
CHARTERED ACCOUNTANTS
Firm Regn.No. 135250W

(DEVANG KUMAR DAND) (MAHESH BHANUSHALI) (CHETAN BHANUSHALI)

PROPRIETOR MANAGING DIRECTOR WHOLE TIME DIRECTOR

Membership No. 151990 DIN: 07585072 DIN: 09341600

(VEENITA THAKKAR) (AESHA SHAH)

Place: Mumbai CHIEF FINANCIAL OFFICER COMPANY SECRETARY

Date: 26th May, 2025