Provisions and Contingent Liabilities:

Provision involving substantial degree of estimation in measurement is recognized when there is a present obligation as a
result of past events and it is probable that there will be an outflow of resources. Contingent liabilities are not recognized but
are disclosed in the notes. Contingent assets are neither recognized nor disclosed in the Financial Statements.

Cash and Cash Equivalents:

Cash and cash equivalents comprises Cash-in-Hand, Short-term Deposits and Balance in Current Accounts with Banks. Cash
equivalents are short-term balances (with an original maturity of three months or less from the date of acquisition), highly
liquid investments that are readily convertible into known amounts of cash and which are subject to insignificant risk of
changes in value.

Inventories:

Inventories comprises of Raw Material and Finished Goods.

Closing Stock is valued at Cost or Net Realisable Value whichever is lower. Cost of Raw Material and Finished Goods
comprises of cost of purchase and other costs incurred in bringing them to their respective present location and condition.

Revenue Recognition:

Revenue from sale of goods net of returns is recognized on dispatch or appropriation of goods in accordance with the terms of
sale, Price escalation claims are recognized to the extent there is reasonable certainty of its realization.

Other Income:

Interest income is accounted on accrual basis. Income other than interest income is accounted for when right to receive such
income is established.

Employee Benefits:

The Company has an obligation towards gratuity, a defined benefit retirement plan covering eligible employees. The plan
provides for lump sum payment to vested employees at retirement, death while in employment or on termination of
employment of an amount equivalent to 15 days salary payable for each completed period/year of service without any
monetary limit. Vesting occurs upon completion of five period/years of service..

The Company has also provided for leave encashment to the employees at their retirement.

Provision for gratuity and leave encashment has been made in the books as per actuarial valuation done as at the end of the
period/year.

Earning Per Share:

Basic earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect of extraordinary items,
if any) by the weighted average number of equity share outstanding during the period. Diluted earning per share is computed
by dividing the profit/ (loss) after tax (including the post tax effect of extraordinary items, if any) as adjusted for dividend,
interest and other charges to expense or income (net of any attributable taxes) relating to the dilutive potential equity shares,
by the weighted average number of equity shares which could have been issued on the conversion of all dilutive potential
equity shares.

Taxation & Deferred Tax:

Income taxes are accounted for in accordance with Accounting Standard (AS-22) - “Accounting for taxes on income”, notified
under Companies (Accounting Standard) Rules, 2014. Income tax comprises of both current and deferred tax.

Current tax is measured on the basis of estimated taxable income and tax credits computed in accordance with the provisions
of the Income Tax Act, 1961.

The tax effect of the timing differences that result between taxable income and accounting income and are capable of reversal
in one or more subsequent periods are recorded as a deferred tax asset or deferred tax liability. They are measured using
substantially enacted tax rates and tax regulations as of the Balance Sheet date.

Deferred tax assets arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws, are
recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred tax assets on
account of other timing differences are recognized only to the extent there is a reasonable certainty of its realization.

Foreign Exchange Transaction:

Foreign Currency transactions are booked at the rate prevailing at the time of transaction and any Gain/loss arising out of
fluctuations in exchange rate is accounted for at the year end as per AS-11 issued by the Institute of Chartered Accountants
of India.

Segment Reporting:

The accounting policies adopted for segment reporting are in line with the accounting policies of the Company. Segment
revenue, segment expenses, segment assets and segment liabilities have been identified to segments on the basis of their
relationship to the operating activities of the segment. Inter-segment revenue is accounted on the basis of transactions which
are primarily determined based on market / fair value factors. Revenue and expenses have been identified to segments on the

(b) Terms/ Rights attached to Equity Shares

The Company has only one class of equity shares having par value of Rs, 1/- per shares each holder of equity
shares is entitled to one vote per shares.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining
assets of the company.

23. Related party disclosure as required by Accounting standard (AS)-18 "Related Party Disclosures"

i) Related parties where control exists
Key Management Personnel

Jigenbhai Modi

iii) Related party trans actions and outstanding balances

The following table provides the total amount of transactions that have been entered into with the related parties for
the relevant financial year and the outstanding balances as at Mar 31, 2025

29 Capital commitment and contingent liabilities

a) Capital commitment

There are no capital commitment outstanding as at reporting date (as at March 31, 2024:

Nil).

b) Contingent liabilities

There are no contingent liabilities

30 Additional Notes

A) The title deeds of immovable properties (other than properties where the Company is the lessee and the lease
agreements are duly executed in favour of the lessee) are held in the name of the Company.

B) The Company does not have any investment property.

C) The Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets) and Intangible
assets except building.

D) There are no loans or advances in the nature of loans are granted to Promoters, Directors, KMPs and their related
parties (as defined under Companies Act, 2013), either severally or jointly with any other person, that are outstanding
as on 31st March, 2025:

(i) repayable on demand; or,

(ii) without specifying any terms or period of repayment.

E) The company is not declared willful defaulter by any bank or financial institution or other lender..

F) The company has not undertaken any transactions with companies struck off under section 248 of the Companies
Act, 2013 or section 560 of Companies Act, 1956..

G) No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of
the Companies Act, 2013.

H) The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other
sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the
undrstanding (whether recorded in writing or otherwise) that the Intermediary shall directly or indirectly lend or invest
in other persons or entities identified in any manner whatsoever (Ultimate Beneficiaries) by or on behalf of the
company or provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries..

I) The company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party)
with the understanding (whether recorded in writing or otherwise) that the company shall directly or indirectly lend or
invest in other persons or entities identified in any manner whatsoever (Ultimate Beneficiaries) by or on behalf of the
Funding Party or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries..

J) No transactions has been surrendered or disclosed as income during the year in the tax assessment under the
Income Tax Act, 1961. There are no such previously unrecorded income or related assets.

K) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

L) The Provision of Section 135 of the Companies Act 2013 in relation to Corporate Social Responsibility are not
applicable to the Company during the year and hence reporting under this clause is not applicable..

31. Previous year figures have been regrouped/rearranged whenever necessary to conform to this current year's
classification.

Sd /- Sd/-

For Doshi Doshi & Co. JIGEN J. MODI

Chartered Accountants Managing Director & CFO

Firm No.153683W DIN 03355555

Chintan Doshi Sd/- Sd/-

Partner Kaushalkumar S. Dave AMISHA J. MODI

Membership No.158931 Company Secretary Director (DIN 03355565)

PLACE:AHMEDABAD PLACE:AHMEDABAD

DATE : 29^th May, 2025 DATE : 29^th May, 2025

UDIN : 25158931BMIFXD8905