Provisions, Contingent Liabilities and Contingent Assets

Provisions are recognized when the Group has a present legal or constructive obligation as a result of past
events, it is probable that an outflow of resources will be required to settle the obligation and the amount
can be reliably estimated. These estimates are reviewed at each reporting date and adjusted to reflect the
current best estimate. Provisions are discounted to their present values, where the time value of money is
material.

Where no reliable estimate can be made, a disclosure is made as contingent liability. A disclosure for a
contingent liability is also made when there is a possible obligation or a present obligation that may, but
probably will not, require an outflow of resources. Contingent liabilities are disclosed in the financial
statements unless the possibility of outflow is remote. Contingent Liabilities are not provided for and are
disclosed by the way of notes. Contingent Assets are neither recognized nor disclosed in the financial
statements.

LEASES

For assets acquired under operating lease, rentals payable are charged to statement of profit and loss on
a straight line basis over a lease term.

For assets acquired under finance lease, the assets are capitalized at lower of their respective fair value
and present value of minimum lease payments after discounting them at an appropriate discount rate.

Events occurring after the date of Balance Sheet

Material events occurring after date of Balance Sheet are taken into cognizance.

Cash Flow Statement

Cash Flows are reported using the indirect method, as set out in the Accounting Standard on Cash Flow
Statement (AS-3) whereby profit/Loss before tax is adjusted for the effects of transactions of a non-cash
nature and any deferrals or accruals of past or future cash receipts or payments.

The Cash Flows from regular revenue generating; financing and investing activities of the company are
segregated.

Earning Per Share

Basic earnings/(Loss) per share are calculated by dividing the net profit/ (Loss) for the year attributable to
equity shareholders by the weighted average number of equity shares outstanding during the year. The
weighted average number of equity shares outstanding during the year are adjusted for events of bonus
issue to existing shareholders; share split; and reverse share split (consolidation of shares).

For the purpose of calculating diluted earnings/(Loss) per share, the net profit/(Loss) for the year
attributable to equity shareholders and the weighted average number of shares outstanding during the
year are adjusted for the effects of all dilutive potential equity shares.

Segment Reporting

The company operates in a Multi segment i-e, "Manufacturing of Rigid PVC and Steel Pipes" and hence
does not have any additional disclosures to be made under AS-17 Segment Reporting.

However, the Company is having revenue; from its customers which are located in India, of more than
10% of its total revenue and does not have any export sale.

Extraordinary, Exceptional, Prior Period Items and Changes in Accounting Policies

Income or expenses that arise from events or transactions that are clearly distinct from the ordinary
activities of the Company are classified as extraordinary items. Specific disclosure of such events/
transactions is made in the financial statements. Similarly, any external event beyond the control of the
Company, significantly impacting income or expense, is also treated as extraordinary item and disclosed
as such.

On certain occasions, the size, type or incidence of an item of income or expense, pertaining to the
ordinary activities of the Company, is such that its disclosure improves an understanding of the
performance of the Company. Such income or expense is classified as an exceptional item and accordingly
disclosed in the notes to accounts.

Valuation of Inventories

Items of Inventories are measured at lower of cost or net realizable value after providing for
obsolescence, if any, except in case of by-products which are valued at the net realizable value. Cost of
inventories Comprises of all costs of purchase, cost of conversion and other costs including manufacturing
overheads incurred in bringing them to their respective present location and condition. Cost of raw
materials, process Chemicals, store and spares, packing materials, trading and other products are
determined on the basis of valuation of the finished goods as per the provisions so applicable.

i) Raw Material, Components, stores and spares

Raw Material, Components, stores and spares are valued at cost.

ii) Work-in-Progress and Finished Goods

Work-in-Progress is valued at lower of cost and net realizable value. Cost includes direct materials and
labour and a proportion of manufacturing overhead based on normal operating capacity. Net Realizable
value is the estimated selling price in the ordinary course of business, less estimated cost of completion
and estimated costs necessary to make the sale.

Note : 28 Disclosure under Micro, Small and Medium Enterprises Development (MSMED) Act, 2006

Dues in respect, Micro and Small enterprises are being regularly met as per agreed terms and, as such, there remains
no liability towards interest. Principal amount/s remaining payable in respect of such parties, as at 31^st March, 2025
amount 0.08 (Previous Year Nil).

In compliance with Accounting Standard AS-28 relating to "Impairment of Assets", the company has reviewed the
carrying amount of its fixed assets & Capital work in progress as at the end of the year. Based on the future strategic
plans and the valuation report of the fixed assets of the company, no impairment of fixed assets & Capital work in
progress has been envisaged at the balance sheet date.

Note: 33 Segment Information

Disclosure as per Indian Accounting Standards (Ind As) 108 "Operating Segments"

Operating segments

The Company has determined following reporting segments based on the operating results of its business segments
reviewed by the Company's Chief Operating Decision Maker for the purpose of making decision about resource
allocation and performance assessment.

Note : 36 Previous Year Figures

Previous year figure are regrouped, wherever necessary. Current year balance sheet dervied after taking all Ind (AS)

Notes referred to above and notes attached thereto form an integral part of financial statements

For Akanksha Chug & Associates For and on behalf of the Board of Directors

Chartered Accountants
Firm Reg. No.: 017327N

(Shruti Gupta) (Akshat Gupta)

Whole Time Director Director

(CA. Akanksha Chugh) DIN:01742368 DIN:00284927

Prop.

Membership No. : 078373

Place : Hisar (Om Parkash) (Srishti)

Date : 30th May 2025_C.F.O._Company Secretary