16 Provisions, Contingent Liabilities and Contingent Assets

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. No provision is made for
liabilities, which are contingent in nature.

If material, the same are disclosed by way of notes to the
accounts. Contingent Assets are neither recognized nor
disclosed in the financial statements.

Provisions, contingent liabilities and contingent assets are
reviewed at each balance sheet date.

a) Term loans from Bharat Co-operative Bank Limited (BCB)- Secured

Loan from BCB is primarily secured against Company's Property, plant and equipment and further collaterally secured by an equitable charge
on title deeds of various immovable properties of directors and their relatives.

i) Loan of Rs.278.11 lakhs (Rs.430.55 lakhs) is to be repaid within 120 months from the date of disbursement and carries interest @11.25% p.a as per
closing rate.

ii) Loan of Rs.37.70 lakhs (Rs.83.22 lakhs) is to be repaid within 120 months from the date of disbursement and carries interest @11.25% p.a as per
closing rate.

iii) Loan of Rs.428.55 lakhs (Rs.520.79 lakhs) is to be repaid within 99 months from the date of disbursement and carries interest @11.25% p.a as
per closing rate.

iv) Loan of Rs.Nil (Rs.51.98 lakhs) is to be repaid within 36 months from the date of disbursement and carries interest @10.50% p.a as per closing
rate.

v) Loan of Rs.206.49 lakhs (Rs.333.27 lakhs) is to be repaid within 36 months from the date of disbursement and carries interest @11.25% p.a as
per closing rate.

b) Term loan from Bharat Co-operative Bank Limited (BCB)- unsecured

Loan of Rs.343.91 lakhs (Rs.384.33 lakhs) is secured by charge on title deeds of various immovable properties of directors and their relatives and
is to be repaid within 91 months from the date of disbursement and carries interest @11.50% p.a as per closing rate.

c) Intercorporate deposits- Unsecured

Loan from Duddu Fin-Lease Limited of Rs.Nil (Rs.237.07 lakhs) taken for a a period of 42 Months (including 6 months moratorium) and carries
interest @11.50% p.a. The loan is repaid during the year.

36 No proceedings are initiated or pending against the Company for holding any benami property under the Benami Transactions (Prohibition)
Act, 1988.

37 The Company does not have any unrecorded transactions that have been surrenderred or disclosed as income during the year in the tax
assessment under Income Tax Act, 1961.

38 The Company does not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 or section 560 of the
Companies Act, 1956.

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

40 Ultimate Beneficiary:

i) 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 or entities, including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that
the Intermediary shall

(i) 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 (ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

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 (i) 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 (ii) provide any guarantee, security or the like to or
on behalf of the UltimateBeneficiaries.

42 Exceptional item

The Company had entered into an agreement for the purchase of immovable property and given an advance of Rs. 950.00 lakhs. During the year,
theagreement was terminated via a Termination Agreement dated 19 March, 2025, pursuant to which the Company is entitled to a refund of the
amount paid within a period of six months and a compensation of Rs. 75.00 lakhs. The compensation received has been disclosed as an
Exceptional Item in the Statement of Profit and Loss.