Note 2.17 : Provisions, Contingent Assets and Contingent Liabilities

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is
probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made of the amount
of the obligation. Provisions are not recognised for future operating losses. When the Company expects some or all of a provision
to be reimbursed, for example, under an insurance contract, the reimbursement is recognised as a separate asset, but only when
the reimbursement is virtually certain. The expense relating to a provision is presented in the statement of profit and loss net of
any reimbursement.

Provisions are measured at the present value of management's best estimate of the expenditure required to settle the present
obligation at the end of the reporting period. The discount rate used to determine the present value is a pre-tax rate that reflects
current market assessments of the time value of money and the risks specific to the liability. The increase in the provision due to
the passage of time is recognised as interest expense.

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence
or non-occurrence of one or more uncertain future events beyond the control of the Company or a present obligation that is not
recognized because it is not probable that an outflow of resources will be required to settle the obligation. A contingent liability
also arises in extremely rare cases where there is a liability that cannot be recognized because it cannot be measured reliably.

The Company does not recognize a contingent liability but discloses its existence in the financial statements.

A contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by the occurrence
or non-occurrence of one or more uncertain future events not wholly within the control of the entity.

The Company does not recognize a contingent asset but discloses its existence in the financial statements if the inflow of economic
benefits is probable.

Note 2.18 : Employee benefits

(i) Short-term obligations

Liabilities for wages and salaries, including non-monetary benefits that are expected to be settled wholly within 12 months
after the end of the period in which the employees render the related service are recognized in respect of employees' services
up to the end of the reporting period and are measured at the amounts expected to be paid when the liabilities are settled. The
liabilities are presented as current employee benefit obligations in the balance sheet.

(ii) Other long-term employee benefit obligations

The liabilities for earned leave and sick leave are not expected to be settled wholly within 12 months after the end of the period
in which the employees render the related service.

They are therefore measured as the present value of expected future payments to be made in respect of services provided
by employees up to the end of the reporting period using the projected unit credit method. The benefits are discounted using

the government bond yield rates at the end of the reporting period that have terms approximating to the terms of the related
obligations. Remeasurements as a result of the experience adjustments and changes in actuarial assumptions are recognized
in profit or loss.

The obligations are presented as current liabilities in the balance sheet if the entity does not have an unconditional right to
defer settlement for at least twelve months after the reporting period, regardless of when the actual settlement is expected
to occur.

(iii) Post-employment obligations

The company operates the following post-employment schemes:

(a) Defined benefit plans - gratuity; and

(b) Defined contribution plans - provident fund.

a. Defined benefit plans - gratuity

The liability or assets recognized in the balance sheet in respect of defined benefit gratuity plans is the present value of
the defined benefit obligations at the end of the reporting period less the fair value of plan assets. The defined benefit
obligation is calculated annually by actuaries using the projected unit credit method.

The present value of the defined benefit obligation is determined by discounting the estimated future cash outflows by
reference to market yields at the end of the reporting period on government bonds that have terms approximating to the
terms of the related obligation.

The net interest cost is calculated by applying the discount rate to the net balance of the defined benefit obligation and
the fair value of plan assets. This cost is included in employee benefit expense in the statement of profit and loss.

Remeasurement gains and losses arising from experience adjustments and change in actuarial assumptions are
recognized in the period in which they occur, directly in other comprehensive income. They are included in retained
earnings in the statement of changes in equity and in the balance sheet.

Changes in the present value of the defined benefit obligation resulting from plan amendments or curtailments are
recognized immediately in profit or loss as past service cost.

The company limits the measurement of net defined benefit asset to the lower of the surplus in the defined benefit plan
and the asset ceiling. Asset ceiling is the present value of any economic benefits available in the form of refunds from the
plan or reductions in future contributions in accordance with the terms and conditions of the plan.

b. Defined contribution plans - provident fund

The company pays provident fund contributions to publicly administered funds as per local regulations. The company
has no further payment obligations once the contributions have been paid. The contributions are accounted for as
defined contribution plans and the contributions are recognized as employee benefit expense when they are due. Prepaid
contributions are recognized as an asset to the extent that a cash refund or a reduction in the future payments is available.

Bonus plans:

The company recognises a liability and an expense for bonuses. The company recognises a provision where contractually
obliged or where there is a past practice that has created a constructive obligation.

Note 2.19 : Contributed equity

Equity shares are classified as equity.

Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from
the proceeds.

Note 2.20 : Dividends

Provision is made for the amount of any dividend declared, being appropriately authorized and no longer at the discretion of the
entity, on or before the end of the reporting period but not distributed at the end of the reporting period.

Note 2.21 : Investment in Subsidiaries/Joint venture/associate

Investments in subsidiaries and Joint venture are recognised at cost less impairment (if any).

Investments in associates are accounted for using the equity method of accounting or carried at fair value through profit and loss,
based on the nature and terms and conditions of the instrument.

Note 2.22 : Earnings per share

(i) Basic earnings per share

Basic earnings per share is calculated by dividing:

Ý The profit attributable to owners of the company

Ý By the weighted average number of equity shares outstanding during the financial year, adjusted for bonus elements in
equity shares issued during the year.

(ii) Diluted earnings per share

Diluted earnings per share adjusts the figures used in the determination of basic earnings per share to take into account:

Ý The after income tax effect of interest and other financing costs associated with dilutive potential equity shares, and

Ý The weighted average number of additional equity shares that would have been outstanding assuming the conversion of
all dilutive potential equity shares.

Note 2.23 : Non-current assets (or disposal groups) held for sale

Non-current assets (or disposal groups) are classified as held for sale if their carrying amount will be recovered principally through
a sale transaction rather than through continuing use and a sale is considered highly probable. They are measured at the lower of
their carrying amount and fair value less costs to sell, except for assets such as deferred tax assets, assets arising from employee
benefits, financial assets and contractual rights under insurance contracts, which are specifically exempt from this requirement.

An impairment loss is recognised for any initial or subsequent write-down of the asset (or disposal group) to fair value less costs
to sell. A gain is recognised for any subsequent increases in fair value less costs to sell of an asset (or disposal group), but not in
excess of any cumulative impairment loss previously recognised. A gain or loss not previously recognised by the date of the sale of
the non-current asset (or disposal group) is recognised at the date of de-recognition.

Non-current assets (including those that are part of a disposal group) are not depreciated or amortised while they are classified
as held for sale. Interest and other expenses attributable to the liabilities of a disposal group classified as held for sale continue to
be recognised.

Non-current assets classified as held for sale and the assets of a disposal group classified as held for sale are presented separately
from the other assets in the balance sheet. The liabilities of a disposal group classified as held for sale are presented separately
from other liabilities in the balance sheet.

Note 2.24 : Use of estimates

The preparation of the financial statements in conformity with Ind AS requires the management to make estimates, judgements
and assumptions. These estimates, judgements and assumptions affect the application of accounting policies and the reported
amounts of the assets and liabilities, the disclosure of the contingent assets and liabilities at the date of the financial statements
and reported amounts of revenue and expenses during the period. Accounting estimates could change from period to period.
Actual results could differ from those estimates. Appropriate changes in estimates are made as the management becomes aware
of these changes in circumstances surrounding the estimates. Changes in estimates are reflected in the financial statements in
the period in which changes are made and, if material, their effects are disclosed in the notes to the financial statements.

Term loan

Term loan is taken from Axis Bank Limited for the purchase of property, plant and equipment. The loan sanctioned is Rs. 3,000
during the F.Y 2021-22, out of which Rs. 1,460.41 is drawn in F.Y 2021-22 and Rs. 1,497.70 is drawn in F.Y 2022-23 and is repayable
in 8 quarterly instalments at the rate of Rs. 375 each quarter from the financial year 2022-23 to 2024-25 (i.e., from September' 2022
to June' 2024). The current rate of interest is 10.35% p.a. (2024: 10.40% p.a). This loan is secured by first exclusive charge on the
equipment/machinery funded by this term loan and personal guarantee of promoter: Mr. Prakash Anand Chitrakar. The amount
outstanding as at balance sheet date is Rs. Nil (2024: Rs. 333.11).

Term loan is taken from ICICI Bank for the purchase of property, plant and equipment. The loan sanctioned is Rs. 3,000 during the
F.Y 2023-24, out of which Rs. 1,768.20 is drawn in F.Y 2023-24 and Rs. 1,231.79 is drawn in F.Y 2024-25. Term loan is repayable in 8
quarterly instalments commencing from fourth quarter of the financial year 2024-25 (i.e., from March 2025 to December 2026). The
current rate of interest is 9.60% p.a. (2024: 9.45% p.a). This loan is secured by first exclusive charge on the equipment/machinery
funded by this term loan and Second pari-passu charge over entire moveable fixed assets and current assets of the Borrower, both
present and future. The amount outstanding as at balance sheet date is Rs. 2,249.99 (2024: Rs. 1,768.20) repayable in 6 quarterly
installments (Out of which Rs. 1,500.00 is included in current borrowings).

Term loan is taken from HDFC Bank for the purchase of property, plant and equipment. The loan sanctioned is Rs. 5,870 during the
F.Y 2024-25, out of which Rs. 3,584.78 is drawn in F.Y 2024-25. Term loan is repayable in 18 quarterly instalments commencing
from third quarter of the financial year 2025-26 (i.e., from December 2025 to March 2030). The current rate of interest is 9.25% p.a.
This loan is secured by first exclusive charge on the equipment/machinery funded by this term loan and Second pari-passu charge
over entire moveable and immovable fixed assets, stock and book debts of the Borrower, both present and future. The amount
outstanding as at balance sheet date is Rs. 3,584.78 (2024: Nil) repayable in 18 quarterly installments (Out of which Rs. 398.30 is
included in current borrowings).

Working capital demand loan from banks

Working capital demand loans availed from banks with a maximum maturity of 6 months.

The loan carries a floating rate of interest and present rate of interest ranges between 8.23% to 10.50% per annum.

Cash Credit facility availed from banks

Cash Credits availed from banks are repayable on demand.

The loan carried a floating rate of interest and rate of interest ranged between 8.75% to 10.3% per annum.

Vendor financing from banks

During the year, the Company has entered into vendor financing agreement (unsecured) with ICICI Bank for the purpose of making
payments against outstanding bills of the vendors. This loan is repayable within 180 days from date of disbursement as a bullet
repayment of principal on maturity date and carries an interest rate of 10.25% p.a

There is no outstanding balance as at March 31,2025 and March 31,2024.

Nature of CSR activities

The company has contributed an amount of Rs. 206.54 during the current year towards donations to Capbowl Organisation
(promoting health care), Prime Minister National Relief Fund (promoting socio-economic development), Basavataraka Ramarao
Memorial Cancer Foundation (promoting health care), OU Engineering College and Government Degree College - Maheshwaram
(promoting education), Shrujan Trust (promoting national heritage and art).

a) Leave obligations

The leave obligation covers the Company's liability for sick and earned leave. Refer note-16, for details of closing provision
made in this regard and note 25 for charge in the current year.

b) Defined contribution plan

The Company has defined contribution plan namely Provident fund. Contributions are made to provident fund at the rate
of 12% of eligible salary as per regulations. The contributions are made to registered provident fund administered by the
Government. The obligation of the Company is limited to the amount contributed and it has no further contractual nor any
constructive obligation. The expense recognised during the year towards defined contribution plan for the financial year
2024-25 is Rs. 545.26 and for the financial year 2023-24 is Rs. 443.41.

The company also contributes to Employees' state insurance Scheme administered by Employees' State Insurance Corporation.
The expense recognised during the year towards defined contribution plan for the financial year 2024-25 is Rs. 23.12 and for
the financial year 2023-24 is Rs. 19.61.

c) Defined benefit plan:

Gratuity

The Company operates a gratuity plan covering qualifying employees. The benefit payable is the amount calculated as per the
Payment of Gratuity Act, 1972. The benefit vests upon completion of five years of continuous service and once vested it is
payable to employees on retirement or on termination of employment. In case of death while in service, the gratuity is payable
irrespective of vesting. The Company makes annual contribution to the company gratuity scheme administered by the Life
Insurance Corporation of India through its Gratuity Trust Fund.

The expected return on plan assets is determined considering several applicable factors such as the assessed risks of
asset management and historical results of the return on plan assets and plan assets are managed by Life Insurance
corporation of India. Assumed rate of return on assets is expected to vary from year-to-year reflecting the returns on
matching Government bonds.

The estimate of future salary increases, considered in actuarial valuation, takes account of inflation, seniority, promotion
and other relevant factors, such as supply and demand in the employment market.

viii. Risk exposure

Through its defined benefit plans, the Company is exposed to a number of risks, the most significant of which are
detailed below:

Interest rate risk:

The defined benefit obligation calculated uses a discount rate based on government bonds. If bond yields fall, the defined
benefit obligation will tend to increase.

Salary inflation risk:

Higher than expected increases in salary will increase the defined benefit obligation.

Demographic risk:

This is the risk of variability of results due to unsystematic nature of decrements that include mortality, withdrawal,
disability and retirement. The effect of these decrements on the defined benefit obligation is not straight forward and
depends upon the combination of salary increase, discount rate and vesting criteria. It is important not to overstate
withdrawals because in the financial analysis the retirement benefit of a short career employee typically costs less per
year as compared to a long service employee.

Note 33: Segment information

The company operates in a single product segment. Additional disclosures required as per Ind AS 108, "Operating Segments” are
included below:

C. During the previous year, the Company had provided a letter of support to Bhavyabhanu Electronics Private Limited, Subsidiary
to provide adequate business, financial and operational support and enable it to meet its financial obligations and continue its
operations for a period of not less than 24 months from April 01,2024.

* During the year, the company has received a dismissal order from Hon'ble Hight Court for the state of Telangana against
an appeal preferred by the Department of Customs, Central Excise and Service Tax, consequently the matter is closed. The
company had already received a favourable order from Customs Excise & Service Tax Appellate Tribunal (CESTAT) in the
previous years.

**The company has received a penalty order for AY 2018-19 during the FY 2021-22. The company has preferred an appeal
against the order and is pending before National Faceless Appeal Centre (NFAC) and the same has been disclosed as
contingent liability.

Note 35: Events Occurring after the reporting period :

Refer to note 41 for the final dividend recommended by the directors which is subject to approvals of shareholders in the ensuing
annual general meeting.

Note 38: Financial Instruments
Fair value

The management assessed the fair value of trade receivables, cash and cash equivalents, other bank balances, other financial
assets, current borrowings, trade payables and other financial liabilities approximate their carrying amounts largely due to the
short-term maturities or interest bearing nature of these instruments.

The fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a
current transaction between willing parties, other than in a forced or liquidation sale.

Set out below, is a comparison by class of the carrying amounts and fair value of the Company's financial instruments, other than
those with carrying amounts that are reasonable approximations of fair values:

Fair value of instruments is classified in various fair value hierarchies based on the following three levels:

Fair value hierarchy

Level 1 - Level 1 hierarchy includes financial instruments measured using quoted prices.

Level 2 - The fair value of financial instruments that are not traded in an active market is determined using valuation techniques,
which maximise the use of observable market data and rely as little as possible on entity specific estimates. If significant inputs
required to fair value an instruments are observable, the instrument is included in Level 2.

Level 3 - If one or more of the significant inputs are not based on observable market data, the instruments is included in level 3.

Note 39: Financial risk management
Risk management framework

The company's financial risk management is an integral part of how to plan and execute its business strategies. The company's risk
management policy is set by the Board. The company's activities expose it to a variety of financial risks : credit risk, liquidity risk
and market risk relating to foreign currency exchange rate, Price risk and interest rate. The company's primary focus is to foresee
the unpredictability of financial markets and seek to minimize potential adverse effects on its financial performance. A summary
of the risks have been given below.

Credit risk

Credit risk is the risk arising from credit exposure to customers, cash and cash equivalents held with banks and current and non¬
current held-to maturity financial assets.

The company deals with Public sector enterprises, government undertakings (i.e. government customers) and also private parties
(i.e. Non-government customers). Regarding credit exposure from customers, the company has a procedure in place aiming to
minimise collection losses.

The carrying amount of trade receivables, deposits, cash and bank balances, bank deposits and interest receivable on deposits
represents company's maximum exposure to the credit risk. No financial asset other than trade receivables carry a significant
exposure with respect to the credit risk. Bank deposits and cash balances are placed with reputable banks with high credit ratings.

The credit quality of financial assets is satisfactory, taking into account the allowance for credit losses if any.

The company's exposure to credit is influenced mainly by collection pattern of trade receivables, which is generally skewed.

An impairment analysis performed at each reporting date for the customers. The maximum exposure to credit risk at the reporting
date is the carrying value of each class of financial assets.

Note 39: Financial risk management (Contd.)
a. Trade receivables

The Company applies the simplified approach permitted by Ind AS 109 Financial Instruments. The receivables are assessed for
impairment at each reporting date and the assessment for the same will be as follows:

i) Non-Government customers - ECL rate is determined basis historical collection pattern of sales.

The historical loss rates are adjusted to reflect current and forward-looking information on macroeconomic factors
affecting the ability of the customers to settle the receivables.

ii) Government customers - Government parties are presumed to have sufficient capacity to meet the obligations and hence
the risk of default is nil/negligible. Accordingly, impairment on account of expected credit losses is being assessed on a
case to case basis in respect of dues outstanding for significant period of time as per the accounting policy of the Company.

Further, management believes that the unimpaired amounts that are due is collectable in full, based on historical payment
behavior and extensive analysis of customer credit risk.

Liquidity risk

Prudent liquidity risk management implies maintaining sufficient cash and the availability of funding to meet obligations when due
and to close out market positions. Company's treasury maintains flexibility in funding by maintaining availability under deposits
in banks.

Management monitors cash and cash equivalents on the basis of expected cash flows.

The company monitors the level of expected cash inflows from financial assets together with expected cash outflows on
borrowings, trade payables and other financial liabilities. As at March 31, 2025, the expected cash flows from financial assets
excluding restricted balances is Rs. 78,275.82 (As at March 31, 2024: Rs. 50,253.49).

Following are the remaining contractual maturities of financial liabilities at the reporting date. The amounts are gross
and undiscounted.

Market risk

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market
prices. Market risk comprises of currency risk, interest rate risk and price risk. Financial instruments affected by market risk
include loans and borrowings and trade receivables and trade payables and derivatives involving foreign currency exposure. The
sensitivity analysis in the following sections relate to the position as at March 31,2025 and March 31,2024.

The analysis exclude the impact of movements in market variables on the carrying values of gratuity and other post- retirement
obligations; provisions; and the non-financial assets and liabilities.

The sensitivity of the relevant profit or loss item is the effect of the assumed changes in respective market risks. This is based on
the financial assets and financial liabilities held at March 31,2025 and March 31,2024.

a) Foreign currency risk

Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in
foreign exchange rates. The company's exposure to the risk of changes in foreign exchange rates relates primarily to the trade/
other payables and trade/other receivables. The risks primarily relate to fluctuations in US Dollar, CHF, EURO and GBP against
the functional currency of the company. The company's exposure to foreign currency changes for all other currencies is not
material. The company evaluates the impact of foreign exchange rate fluctuations by assessing its exposure to exchange
rate risks.

c) Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of change in
market interest rates. As the company has certain debt obligations with floating interest rates, exposure to the risk of changes
in market interest rates are dependent of changes in market interest rates. Management monitors the movement in interest
rate and, wherever possible, reacts to material movements in such rates by restructuring its financing arrangement. As the
company has no significant interest bearing assets, the income and operating cash flows are substantially independent of
changes in market interest rates.

Interest rate sensitivity

The following table demonstrates the sensitivity to a reasonably possible change in interest rates on that portion of loans and
borrowings affected. With all other variables held constant, the company's profit before tax is affected through the impact on
floating rate borrowings, as follows:

Note 40: Capital Management

The company's objectives when managing capital are to

Ý Safeguard their ability to continue as a going concern, so that they can continue to provide returns for shareholders and
benefits for other stakeholders and

Ý Maintain an optimal capital structure to reduce the cost of capital.

As at March 31,2025, the company has only one class of equity shares. Consequent to the above capital structure there are no
externally imposed capital requirements.

The Company manages its capital structure and makes adjustments in light of changes in economic conditions and the
requirements of the financial covenants. The Company monitors capital using a gearing ratio, which is debt divided by total
equity. The Company includes within debt, interest bearing loans and borrowings.

42. Short term Lease

a) Nature of lease

The company has entered in to lease agreement as lessee for its office premises and has taken certain equipment's on lease
basis during the year.

b) Short term lease exemption

The lease is cancellable at option of both the parties by giving 3 months notice in advance. Accordingly, the company has
identified the lease as a short term lease and opted the short term lease exemption.

c) Rent expense on account of short term leases

The rent expense on account of short term leases. (refer note no. 28)

d) Cash outflow

The lease rent paid is Rs. 340.12 (2024: 216.84)

Note 43: Additional regulatory information required by Schedule III

(i) Title deeds of immovable properties not held in name of the company

The title deeds of all the immovable properties (other than properties where the company is the lessee and the lease
agreements are duly executed in favor of the lessee), as disclosed in notes to the standalone financial statements, are held in
the name of the company.

(ii) Details of benami property held

No proceedings have been initiated on or are pending against the company for holding benami property under the Benami
Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

(v) Relationship with struck off companies

The company has no transactions with the companies struck off under Companies Act, 2013 or Companies Act, 1956.

(vi) Registration of charges or satisfaction with Registrar of Companies

There are no charges or satisfaction which are yet to be registered with the Registrar of Companies beyond the statutory period.

(vii) Compliance with number of layers of companies

The company has complied with the number of layers prescribed under the Companies Act, 2013, read with the Companies
(Restriction on number of Layers) Rules, 2017.

(viii) Compliance with approved scheme(s) of arrangements

The company has not entered into any scheme of arrangement which has an accounting impact on current or previous
financial year.

(ix) Utilisation of borrowed funds and share premium

(A) The company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities
(Intermediaries) with the understanding that the Intermediary shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of
the company (Ultimate Beneficiaries) or

b. provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries

(B) 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:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of
the Funding Party (Ultimate Beneficiaries) or

b. provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

(x) Undisclosed income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the
Income Tax Act, 1961, that has not been recorded in the books of account.

(xi) Details of crypto currency or virtual currency

The company has not traded or invested in crypto currency or virtual currency during the current or previous year.

(xii) Valuation of PP&E & intangible asset

The company has not revalued its property, plant and equipment (including right-of-use assets) or intangible assets or both
during the current or previous year.

(xiii) Utilisation of borrowings availed from banks

The borrowings obtained by the company from banks have been applied for the purposes for which such loans were obtained.

Description of numerator and denominator:

a Current Ratio : Current Ratio is computed as a ratio of total current assets to total current liabilities
b Debt - Equity Ratio : Debt - Equity Ratio is computed as a ratio of borrowings to total equity

c Debt Service Coverage Ratio : Debt Service Coverage Ratio is computed as a ratio of earnings available for debt service to

debt service

i) Earnings available for debt service is sum of profit after tax, finance cost and non cash expenditure

ii) Debt service is sum of finance cost and principal repayments

d Return on Equity Ratio: Return on Equity Ratio is computed as a ratio of profit after tax to average of opening and closing
total equity

e Inventory Turnover Ratio: Inventory Turnover Ratio is computed as a ratio of revenue from sale of products to average of
opening and closing inventory

f Trade Receivables Turnover Ratio: Trade Receivables Turnover Ratio is computed as a ratio of revenue from operations to
closing trade receivables

g Trade Payables Turnover Ratio: Trade Payables Turnover Ratio is computed as a ratio of total purchases to closing
trade payables

h Net Capital Turnover Ratio: Net Capital Turnover Ratio is computed as a ratio of revenue from operations to closing
working capital

i Net Profit Ratio: Net Profit Ratio is computed as a ratio of profit after tax to revenue from operations

j Return on Capital Employed: Return on Capital Employed is computed as a ratio of earnings before interest and taxes to

average of opening and closing capital employed Capital employed consists of total equity, borrowings and deferred tax liability

k Return on Investment: Return on Investment is computed as a ratio of Profit before interests and taxes to closing total assets.

Note A:

During the previous year, Directors of the company had decided to sell wind electric generator situated at Gujarat, and had entered
in to an agreement wherein the terms and conditions of transfer had been agreed and the sale was completed in the current
financial year.

Accordingly, during the previous year such assets were disclosed as Assets held for sale and were measured at the lower of carrying
amount or fair value less cost to sell. Sale as stated resulted in a gain as disclosed in note 22.

Note B:

During the year, the Board of Directors of the company approved the sale of a stake in its associate company, Janyu Technologies
Private Limited, of up to 75% of CCPS (77,837 shares) held by the Company.

In the management's assessment, the proposed sale qualifies as a "highly probable sale” transaction in accordance with "Ind AS 105
- Non-current Assets Held for Sale and Discontinued Operations". Hence, the company disclosed the investment in the associate
as assets classified as held for sale.

Note 47 :

The Board of the Directors of the Company at its meeting held on May 20, 2025, has approved the allotment of upto 20,13,885
convertible warrants each convertible into, or exchangeable for, one fully paid up equity share of the Company, having a face value
of Rs. 2, within the period of eighteen months in accordance with the applicable laws at a price of Rs. 864 aggregating up to
Rs. 173.99 crores which is subject to necessary approvals from shareholders of the Company.

For Price Waterhouse Chartered Accountants LLP For and on behalf of the Board of Directors

Firm Registration Number: 012754N/N500016

Srikanth Pola Avinash Chander S. Gurunatha Reddy

Partner Chairman Managing Director

Membership Number: 220916 DIN :- 05288690 DIN : - 00003828

M.V Reddy Rahul Rungta

Joint Managing Director Chief Financial Officer

DIN : - 00421401

T. Anjaneyulu

Place : Hyderabad Company Secretary

Date : May 22, 2025 FCS :- 5352