8.3 Terms and Rights attached to equity Shares

The Company has only one class of equity shares having a par value of Rs 10 each. Each holder of equity shares is entitled to one vote per share. The Company declares and pay dividend proposed by the Board of Directors is subject to approval of the Shareholding in the ensuing Annual

General Meeting.

23 Amount due to Micro, Small and Medium Enterprises

There are no Micro and Small Scale Business Enterprises to whom the Company owes dues, which are outstanding for more than 45 days as at March 31st, 2024. This information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company. Therefore, the prescribed disclosures for liability of interest on overdue payment have not been given.

Note-1 :-

The decrease in ratio is primarily due to increase in current assets.

Note-2 :-

The increase in ratio is primarily due to higher net profit on account of higher operating income.

Note-3 :-

The decrease in ration is mainly due to increase in current assets.

Note-4 :-

The increase in net profit ratio is primarily due to increase in net profit on account of higher operating income.

Note-5 :-

The increase in return on capital employed is primarily due to increase in earnings before interest and tax in current year as compared to previous year.

25 Contingent liabilities

Contingent liability is a possible obligation arising from past events and whose existence will be confirmed only by the occurrence or nonoccurrence of one or more uncertain future events not wholly within the control of the entity or a present obligation that arises from past events but is not recognized because it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation or the amount of the obligation cannot be measured with sufficient reliability.

The claims against the Company primarily represent demands arising on completion of assessment proceedings under the Income Tax Act, 1961. These claims are on account of multiple issues of disallowances such as disallowance includes Unexplained cash credit, Expenditure for Business Purpose, increase in share capital, Interest u/s 234A/B/Penalty u/s 271(1)(c). These matters are pending before various Income Tax Authorities. Company has filed Appeal to the Commissioner of Income-tax (Appeals) and Disagree with demand(Either in Full or Part).

26 Segment information

As per Ind AS108 'operating segments', specified under section 133 of the Companies Act,2013, the Company is predominantly engaged in single reportable segment of event management. Accordingly, there is no separate reportable segment.

27 Balances of Trade Payables, Unsecured Loans, Trade Receivables, In-operative bank accounts, Other Current and Other Non Current Assets and Provisions are subject to the confirmation of the parties concerned. Wherever confirmation of the parties for the amounts due to them / amounts due from them as per books of accounts are not received, necessary adjustments, if any, will be made when the accounts are reconciled / settled.

28 Previous year's figures have been regrouped or reclassified wherever required.