40 The Company has increased the Authorised Capital of the Company from 100,00,000 shares of face Value Rs 10 per share aggregating Rs 10,00,00,000 to 2,60,00,000 equity shares of Face Value of Rs 10 each aggregating to Rs 26,00,00,000/- vide Special Resolution Passed at the Extra Ordinary General Meeting held on 26/04/2023.

The Company has Allotted 5,98,500 Equity Shares of face value or Rs. 10 per share along with premium of Rs. 40 per share aggregating Rs.2,99,25,000/- to new share holder's on Preferential allotment basis vide special resolution passed at the extra ordinary General Meeting Held on 05/06/2023.

The Company additionally Allotted 2,17,020 Equity Shares of face value or Rs. 10 per share along with premium of Rs. 40 per share aggregating Rs.1,08,51,000/- to new share holder's on Preferential allotment basis vide special resolution passed at the extra ordinary General Meeting Held on 17/06/2023.

The Company has Allotted 1,08,90,000 Equity Shares of face value of Rs. 10 per share aggregating Rs.10,89,00,000/- to existing shareholders of the company in the ratio of 6 shares for every 1 share held by the shareholders vide special resolution passed at the extra ordinary General Meeting Held on 01/06/2023.

The Company has issued through IPO 49,98,000/- Equity Shares of face value of Rs. 10 per share aggregating Rs.4,99,80,000/- at the Issue price of Rs.55 per share through Book Biding Process on 01.01.2024.

The Company has acquired 55% stake of AKANKSHA HANBIT SMART TECHNOLOGIES PRIVATE LIMITED and the acquisition completed on March 10, 2024. Accordingly, the AKANKSHA HANBIT SMART TECHNOLOGIES PRIVATE LIMITED became subsidiary of the Company.

The Company has issued 10,62,000 Equity share on Preferential basis at Rs.144 per Share (including Rs.134 as premium) On 17/01/2025.

The Company has issued 3,85,000 fully convertible warrants on preferential basis at an exercise price of Rs. 144 (including Rs.134 as premium) and on conversion, the equity shares shall rank pari passu. During the year, Rs. 36 called for each share and received on 31/01/2025.

41 Previous Year's Figures have been rearranged and regrouped wherever practicable and considered necessary.

42 The management has confirmed that adequate provisions have been made for all the known and

determined liabilities and the same is not in excess of the amounts reasonably required to be provided for.

43 The balances of trade payables, trade receivables, loans and advances are unsecured and considered as good are subject to confirmations of respective parties concerned.

44 The above audited standalone financial results which are published in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on June 04, 2025.

45 The audited standalone financial results are prepared in accordance with the Companies (Accounts) Rules, 2014 and applicable Accounting Standards ("AS") as prescribed under section 133 of the Companies Act, 2013. As per MCA Notification dated 16th February, 2015, Companies whose securities are listed on SME Exchange as referred to in Chapter XB of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, are exempted from the compulsory requirement of adoption of Ind - AS.

46 Other Statutory Information

i) The Company does not have any Benami Property where any proceedings have been initiated or pending against the Company for holding any benami property

ii) The Company does not have any transaction with struck off company

The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

^iv) No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other person or entity, including foreign entity ("intermediaries"), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, whether, 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 provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

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

vi) No Scheme of of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 (Corporate Restructuring) of the Companies Act, 2013. Thus reporting under this clause is not applicable.

vii) The company bas complied with layers of Companies prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017.

^viii) No funds have been received by the Company from, any person or entity, including foreign entity ("Funding Parties"), 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 by or on behalf of the Funding Party ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

ix) The Company has not been declared a wilful defaulter by any bank or financial institution, or other lender.

47 Amounts in the financial statements are rounded off to nearest lakhs.

48 Appropriate adjustments have been made in the financial statements, whenever required, by reclassification of the corresponding items of assets, liabilities and cash flow statement, in order to ensure consistency and compliance with requirement of Schedule III and Accounting Standards.