k. Provisons and Contingent Liabilities

Provisions : Provisions for legal claims, service warranties are recognised when the Company has a present
legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be
required to settle the obligation and the amount can be reliably estimated. Provisions are not recognised
for future operating losses. 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.

Contingent Liabilities : Contingent liabilities are disclosed when there is a possible obligation arising
from past events, the existence of which will be confirmed only by the occurrence or non-occurrence of
one or more uncertain future events not wholly within the control of the company or a present obligation
that arises from past events where it is either not probable that an outflow of resources will be required to
settle or a reliable estimate of the amount cannot be made.

l. Earnings per share

(i) Basic earnings per share: - Basic earnings per share is calculated by dividing:

• the profit attributable to owners of the Company

• by the weighted average number of equity shares outstanding during the fiscal 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:

• the after-income tax effect of interest and other financing costs associated with dilutive potential
equity shares, and

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

m. Segment Reporting

Operating segments are reported in a manner consistent with the internal reporting provided to the chief
operating decision maker. The management assesses the financial performance and position of the
Company and makes strategic decisions. The chief operating decision maker, consists of the Managing
Director and Chairman of the Company.

n. Cash and Cash Equivalents

The Company's statement of cash flows is prepared using the Indirect method, whereby profit for the period
is adjusted for the effect of transaction of a non-cash nature, any deferrals or accruals of past or future
operating cash receipts or payment and item of income or expenses associated with investing or financing
cash flows. The cash flows from operating, investing and financing activities of the Company are segregated.
Cash and cash equivalents comprise cash and bank balances and short-term fixed bank deposits that are
subject to an insignificant risk of changes in value. These also include bank overdrafts and cash credit
facility that form an integral part of the Company's cash management.

o. Current and Non Current Classification

The Schedule III to the Act requires assets and liabilities to be classified as either current or non-current. The
Company presents assets and liabilities in the balance sheet based on current/non-current classification.

Assets

An asset is classified as current when it satisfies any of the following criteria:

(i) it is expected to be realised in, or is intended for sale or consumption in, the Company's normal
operating cycle;

(ii) it is expected to be realised within twelve months from the reporting date;

(iii) it is held primarily for the purposes of being traded; or

(iv) it is cash or cash equivalent unless it is restricted from being exchanged or used to settle a liability for
at least twelve months after the reporting date. All other assets are classified as non-current

Liabilties

A liability is classified as current when it satisfies any of the following criteria:

• it is expected to be settled in the Company's normal operating cycle;

• it is due to be settled within twelve months from the reporting date;

• it is held primarily for the purposes of being traded; or

• the Company does not have an unconditional right to defer settlement of the liability for atleast twelve
months from the reporting date.

All other liabilities are classified as non-current.

p. Operating Cycle

Operating cycle is the time between the acquisition of assets for processing and their realisation in cash
or cash equivalents. Based on the nature of operations and the time between the acquisition of assets for
processing and their realisation in cash and cash equivalents, the Company has ascertained its operating
cycle as twelve months for current - non-current classification of assets and liabilities.

q. Recent Indian Accounting Standards (Ind AS)

Ministry of Corporate Affairs ("MCA") notifies new standards or amendments to the existing standards
under Companies (Indian Accounting Standards) Rules as issued from time to time. For the year ended
March 31,2025, MCA has notifies and amendmends to the existing standards. The Company has reviewed
the new pronouncements and based on its evaluation has determined that it does not have any significant
impact in its financial statements.

r. CSR Policy

2A) Reference to the cited provisions of section 135 of the Companies Act, 2013, CSR activities are
applicable on the company.

(i) The company has obtained approval from BSE for allotment of 18,50,00,000 fully covertible warrant on
preferential basis at an issue price of ? 1.32 each (face value of ? 1 /-). During the year ended 31 March 2025,
the company has received a sum of ?1831.50 Lakhs through allottment of 18,50,00,000 share warrant of ? 1.32
each having face value of ? 1/-. Out of 18,50,00,000 share warrants, 18,50,00,000 share warrants have been
converted into equity shares during the year. The effect of the same has been taken in basic and diluted EPS."
Rights, preferences and restrictions attached to shares

"The Company has only one class of share referred to as equity shares having a par value of ?1. Each holder
of equity shares is entitled to one vote per share. In the event of liquidation, the equity shareholders are eligible
to receive the remaining assets of the company, after distribution of all preferential amounts, in proportion to
their shareholding. Apart from this, During the period of five financial years immediately preceeding the Balance
Sheet date, the company has not:

(i) allotted any equity shares pursuant to any contract without payment being received in cash; and

(ii) bought back any equity shares."

Statement of Deviation

During the Financial year Ended 31 March 2025, The Company has brought Preferential Issue, wherein fully paid
18,50,00,000 equity shares of ? 1.32 each per share alloted on preferential basis to the eligible shareholders.
The company has deployed these funds as per the objects of Preferential Issue.

Proceeds from subscription to the Issue of Equity shares under Preferential Issue of 2024-25, made during the
year ended 31 March 2025 have been utilised in the following manner:

Rights, Preferences and Restrictions

The Authorised Share Capital of the Company consists of Equity Shares having nominal value of ' 1/- each.
The rights and privileges to equity shareholders are general in nature and allowed under Companies Act, 2013.
"The equity shareholders shall have:

(1) a right to vote in shareholders' meeting. On a show of hands, every member present in person shall have one
vote and on a poll, the voting rights shall be in proportion to his share of the paid up capital of the Company;

(2) a right to receive dividend in proportion to the amount of capital paid up on the shares held.
The shareholders are not entitled to exercise any voting right either in person or through proxy at any meeting
of the Company if calls or other sums payable have not been paid on due date.

In the event of winding up of the Company, the distribution of available assets/losses to the equity shareholders
shall be in proportion to the paid up capital."

Description of nature and purpose of reserve :

(a) Security Premium Reserve : The Securities Premium was created on issue of shares at a premium. The
Company converted 18,50,00,000 share warrants into 18,50,00,000 equity shares of face value ?1 each at a
premium of ?0.32 per share, resulting in a securities premium addition of ?5,92,00,000.

(b) General Reserve : The general reserve comprises of transfer of profits from retained earnings for appropriation
purpose. The reserve can be distrubuted/utilised by the Group in accordance with the provisions of the Act.

(c) Capital Redemption Reserve : The Capital Redemption Reserve represents reserves created against
redemption made in past of redeemable preference shares.

(d) Retained Earnings : This represent the amount of accumulated earnings of the Group.

(e) The company has obtained approval from BSE for allotment of 18,50,00,000 fully covertible warrant on
preferential basis at an issue price of ? 1.32 each (face value of ? 1 /-). During the year ended 31 March
2025, the company has received a sum of ?1831.50 Lakhs through allottment of 18,50,00,000 share warrant
of ? 1.32 each having face value of ? 1/-. Out of 18,50,00,000 share warrants, 18,50,00,000 share warrants
have been converted into equity shares during the year. The effect of the same has been taken in basic and
diluted EPS.

Schedule of Implementation and Deployment of Funds

"Since present preferential issue is for convertible warrants, issue proceeds shall be received by the Company
in 18 months period from the date of allotment of warrants in terms of Chapter V of the SEBI (ICDR) Regulation,
and as estimated by our management, the entire proceeds received from the issue would be utilized for the all
the above-mentioned objects, in phases, as per the company's business requirements and availability of issue
proceeds, latest by August, 2025.

Interim Use of Proceeds Our management will have flexibility in deploying the Proceeds received by our
Company from the Preferential Issue in accordance with applicable laws."

Reclassification of Prior Period Figures

(Pursuant to Ind AS 1 - Presentation of Financial Statements and Ind AS 109 - Financial Instruments)
During the current year, the Company has changed the presentation of transactions relating to the sale and
purchase of shares and securities. Previously, such transactions were presented on a gross basis, i.e., separately
showing the sale proceeds as revenue and the purchase cost as expenses. In line with the requirements of Ind
AS 109 (Financial Instruments) and to provide more relevant information, the Company has now presented
these transactions on a net basis, recognizing only the net gain or loss from such transactions under 'Revenur
From Operations'.

In accordance with Ind AS 1 - Presentation of Financial Statements (Paragraphs 41-44), the comparative
figures for the previous period have been reclassified to conform with the current year's presentation. This
reclassification is a presentation change and does not have any impact on the net profit or loss or equity for
the previous year.

Accordingly, revenue and expenses relating to such transactions have been netted off in the segment results
for the FY 2023-24 and 2024-25 to make it comparable.

33 Contingent Liabilities

As per default summary on Traces website, demand of Rs. 2.76 Lacs pertaining to FY 2021-22 and Prior
years has been shown.

34 Employee Benefits

Post-employment benefits plans

(a) Defined Contribution Plans -

In respect of the defined contribution plans, an amount of Nil (Previous Year Nil) has been provided in the
Profit & Loss account for the year towards employer share of Pf contribution.

(b) Defined Benefit Plans -

The Liability in respect of gratuity is determined for current year as per management estimate Nil
(previous year Nil as per management estimate) carried out as at Balance Sheet date. Amount recognized
in profit and loss account Nil (previous year Nil).

36 As on 31st March 2025, the Company operates in three Primary Segments i.e. Dealing In Shares/Securties,
Entertainment services and Trading Division - Infrastructure for the purpose of IND-AS 108 Segmental
reporting.

Operating segments:

a) Trading Division - Infrastructure

b) Engineering Based Services

c) Marketing Based Services

d) Dealing In Shares/Securties
Identification of segments:

The chief operational decision maker monitors the operating results of its business segments separately for the
purpose of making decisions about resource allocation and performance assessment. Segment performance
is evaluated based on profit and loss of the segment and is measured consistently with profit or loss in these
financial statements. Operating segments have been identified on the basis of the nature of products.
Segment revenue and results

The expenses and income which are not directly attributable to any business segment are shown as unallocable
expenditure (net of unallocable income).

The measurement principles of segments are consistent with those used in preparation of these financial
statements. There are no inter-segment transfers.

37 Financial risk management

The Company's Board of Directors has overall responsibility for the establishment and oversight of the
Company's risk management framework. The Board of Directors has established the Risk Management
Committee, which is responsible for developing and monitoring the Company's risk management policies. The
Committee reports to the Board of Directors on its activities. The Company's risk management policies are
established to identify and analyses the risks faced by the Company, to set appropriate risks limits and controls
and to monitor risk and adherence to limits. Risk management policies and systems are reviewed periodically
to reflect changes in market conditions and the Company's activities. The Company, through its training,
standards and procedures, aims to maintain a disciplined and constructive control environment in which all
employees understand their roles and obligations. The audit committee oversees how management monitors
compliance with the company's risk management policies and procedures, and reviews the adequacy of the risk
management framework in relation to the risks faced by the Company. The audit committee is assisted in its
oversight role by internal audit.

Credit Risk

Credit risk is the risk of financial loss to the company if a customer or counter party to a financial instrument
fails to meet its contractual obligations, and arises principally from the company's receivable from customers.
Credit risk is managed through credit approvals establishing credit limits and continuously monitoring the
creditworthiness of customers to which the company grants credit terms in the normal course of business. The
company establishes an allowance for doubtful debts and impairment that represents its estimate of incurred
losses in respect of trade receivables and other financial assets.

Liquidity Risk

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due.
The Company manages its liquidity risk by ensuring as far as possible, that it will all ways have sufficient liquidity
to meets it liabilities when due, under both normal and stressed conditions, without incurring unacceptable
losses or risk to Company's reputation.

Market Risk

Market risk is the risk that changes in market prices- such as foreign exchange rates, interest rates and equity
prices- will affect the Company's income or the value of its holdings of financial instruments. Market risk is
attributable to all market risk sensitive financial instruments including foreign currency receivables and payable
and long term debt. We are exposed to market risk primarily related to foreign exchange rate risk. Thus, our
exposure to market risk is a function of revenue generating and operating activities in foreign currency. The
objective of market risk management is to avoid excessive in our foreign currency revenues and costs. The
Company uses derivative to manage market risk.

38 Additional Regulatory Information

(i) Company doesnot holds immovable property in the current year

(ii) Company doesn't have investment property to value the property as is based on the valuation by a
registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

(iii) Company doesn't have Property Plant and Equipment to revalue the same (including Right-of Use
Assets),based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered
Valuers and Valuation) Rules, 2017

(iv) Company doesn't have intangible asset to revalue the same , based on the valuation by a registered
valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

(v) Company has not provided any loans to Promoters, Directors, Key Managerial Persons or related parties.
The loans provided to other body corporates are repayble on demand

(vi) Company doesn't have any Capital-Work-in Progress

(vii) Company doesnot have intangible assets under developments

(viii) No benami property held by company, No proceedings has been initiated or pending against the company
for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and
rules made thereunder

(ix) Company has no borrowings from banks or financial institutions on the basis of security of current assets.

(x) Company not declared as wilful defaulter by any bank or financial Institution or other lender.

(xi) Company has not done any transactions with companies struck off under section 248 of the Companies
Act, 2013 or section 560 of Companies Act, 1956.

(xii) Company has not any charges or satisfaction yet to be registered with ROC beyond the statutory period.

(xiii) Section 135 of Companies Act, 2013 relating to CSR Policy is applicable on the Company.

(xiv) Compliance with number of layers of companies is not applicable.

(xv) Compliance with approved Scheme(s) of Arrangements, if any: NA

(xvi) During the year company has not borrowed loans.

(xvii) The additional information pursuant to Schedule III to the Companies Act, 2013 are either nil or not
applicable.

39 Statement of Management

(a) The current assets, loans and advances are good and recoverable and are approximately of the values,
if realized in the ordinary courses of business unless and to the extent if any stated otherwise in the
Accounts. Provision for all known liabilities is adequate and not in excess of amount reasonably
necessary. There are no contingent liabilities except those stated in the notes.

(b) Balance Sheet, Statement of Profit & Loss and Cash Flow statement read together with the schedules
to the accounts and notes thereon, are drawn up so as to disclose the information required under the
Companies Act, 2013 as well as give a true and fair view of the statement of affairs of the Company as at
the end of the year and results of the Company for the year under review.

Notes forming integral part of the Ind AS Financial Statements- 1 to 46

As per our Report of even date attached For and on behalf of the Board Of Directors

For A. K. Bhargav & Co.

Chartered Accountants Atul Sharma Ram Manorath Gupta

FRN : 034063N Managing Director Director

DIN:08290588 DIN:10679592

CA ARUN KUMAR BHARGAV

(Proprietor) Virender Sharma Sandeep Somani

Membership No. 548396 Chief Financial Officer Company Secretary

UDIN :25548396BMJAVK6192 CCKPS4992K DJEPS6529G

Date : 24-05-2025
Place : Delhi