l) Provisions and Contingencies

The Company recognises provisions when a present
obligation (legal or constructive) as a result of a past
event exists and it is probable that an outflow of resources
embodying economic benefits will be required to settle
such obligation and the amount of such obligation can
be reliably estimated.

The amount recognised as a provision is the best estimate
of the consideration required to settle the present
obligation at the end of the reporting period, taking
into account the risks and uncertainties surrounding
the obligation. When a provision is measured using the
cash flows estimated to settle the present obligation, its
carrying amount is the present value of those cash flows
(when the effect of the time value of money is material).

A disclosure for a contingent liability is made when there
is a possible obligation or a present obligation that may,
but probably will not require an outflow of resources
embodying economic benefits or the amount of such
obligation cannot be measured reliably. When there is
a possible obligation or a present obligation in respect
of which likelihood of outflow of resources embodying
economic benefits is remote, no provision or disclosure
is made.

m) Cash and Cash Equivalents

Cash and cash equivalents for the purpose of Cash
Flow Statement comprise cash and cheques in hand,
bank balances, demand deposits with banks where the
original maturity is three months or less.

n) Employee Benefits

Short Term Employee Benefits:

All employee benefits payable wholly within twelve
months of rendering the service are classified as short
term employee benefits and they are recognised in
the period in which the employee renders the related
service. The Company recognises the undiscounted
amount of short term employee benefits expected to
be paid in exchange for services rendered as a liability
(accrued expense) after deducting any amount already
paid.

Compensated Absences

The eligible employees of the Company are permitted
to carry forward certain number of their annual leave
entitlement to subsequent years, subject to a ceiling.
The Company recognises the charge in the Statement
of Profit and Loss and corresponding liability on such
non- vesting accumulated leave entitlement based on
a valuation by an independent actuary. The cost of
providing annual leave benefits is determined using the
projected unit credit method.

Post-Employment Benefits:

i. Defined contribution plans:

Defined contribution plans are post-employment
benefit plans under which the Company pays fixed
contributions into state managed retirement benefit
schemes and will have no legal or constructive
obligation to pay further contributions, if any, if the
state managed funds do not hold sufficient assets
to pay all employee benefits relating to employee
services in the current and preceding financial
years. The Company's contributions to defined
contribution plans are recognised in the Statement
of Profit and Loss in the financial year to which
they relate. The Company contributes to defined
contribution plans pertaining to Employee State
Insurance Scheme, Government administered
Provident Fund and Pension Fund Scheme for all
applicable employees.

Recognition and measurement of defined
contribution plans:

The Company recognises contribution payable to
a defined contribution plan as an expense in the
Statement of Profit and Loss when the employees
render services to the Company during the
reporting period. If the contributions payable
for services received from employees before the

reporting date exceeds the contributions already
paid, the deficit payable is recognised as a liability
after deducting the contribution already paid. If the
contribution already paid exceeds the contribution
due for services received before the reporting date,
the excess is recognised as an asset to the extent
that the prepayment will lead to, for example, a
reduction in future payments or a cash refund.

ii. Defined benefit plans:

The Company provides for gratuity, a defined
benefit plan, for employees. The Company makes
annual contributions to funds administered by
trustees and managed by a financial institution,
towards meeting the Gratuity obligations.

Recognition and measurement of defined
benefit plans:

The cost of providing defined benefits is
determined using the Projected Unit Credit method
with actuarial valuations being carried out at each
reporting date. The defined benefit obligations
recognised in the Balance Sheet represent the
present value of the defined benefit obligations
as reduced by the fair value of plan assets, if
applicable. Any defined benefit asset (negative
defined benefit obligations resulting from this
calculation) is recognised representing the present
value of available refunds and reductions in future
contributions to the plan.

All expenses represented by current service cost,
past service cost if any and net interest on the
defined benefit liability (asset) are recognised in the
Statement of Profit and Loss. Remeasurements of
the net defined benefit liability (asset) comprising
actuarial gains and losses and the return on the
plan assets (excluding amounts included in net
interest on the net defined benefit liability/asset),
are recognised in Other Comprehensive Income.
Such remeasurements are not reclassified to the
Statement of Profit and Loss in the subsequent
periods.

o) Lease accounting

The Company assesses whether a contract contains a
lease, at the inception of the contract. A contract is,
or contains, a lease if the contract conveys the right
to control the use of an identified asset for a period of
time in exchange for consideration. To assess whether
a contract conveys the right to control the use of an
identified asset, the Company considers whether (i)
the contract involves the use of identified asset; (ii) the
Company has substantially all of the economic benefits
from the use of the asset through the period of lease and
(iii) the Company has right to direct the use of the asset.

As a lessee

The Company recognises a right-of-use asset and a lease
liability at the lease commencement date. The right-of-
use asset is initially measured at cost, which comprises
the initial amount of the lease liability adjusted for any
lease payments made at or before the commencement
date, plus any initial direct costs incurred and an estimate
of costs to dismantle and remove the underlying asset
or to restore the site on which it is located, less any lease
incentives received.

Certain lease arrangements include the option to extend
or terminate the lease before the end of the lease term.
Where appropriate, the right-of-use assets and lease
liabilities include these options when it is reasonably
certain that the option will be exercised.

The right-of-use asset is subsequently depreciated using
the straight-line method from the commencement date
to the earlier of the end of the useful life of the right-of-
use asset or the end of the lease term. The estimated
useful lives of right-of-use assets are determined on the
same basis as those of property, plant and equipment. In
addition, the right-of-use asset is periodically reduced
by impairment losses, if any, and adjusted for certain
re-measurements of the lease liability.

The lease liability is initially measured at the present
value of the lease payments that are not paid at the
commencement date, discounted using the interest rate
implicit in the lease or, if that rate cannot be readily
determined, the Company's incremental borrowing rate.
Generally, the Company uses its incremental borrowing
rate as the discount rate.

Lease payments included in the measurement of the
lease liability comprises of fixed payments, including
in-substance fixed payments, amounts expected to
be payable under a residual value guarantee and the
exercise price under a purchase option that the Company
is reasonably certain to exercise, lease payments in an
optional renewal period if the Company is reasonably
certain to exercise an extension option.

The lease liability is subsequently measured at amortised
cost using the effective interest method. It is remeasured
when there is a change in future lease payments arising
from a change in an index or rate, if there is a change in
the Company's estimate of the amount expected to be
payable under a residual value guarantee, or if Company
changes its assessment of whether it will exercise a
purchase, extension or termination option.

When the lease liability is remeasured in this way, a
corresponding adjustment is made to the carrying
amount of the right-of-use asset or is recorded in profit
or loss if the carrying amount of the right-of-use asset
has been reduced to zero.

Lease liability and the right of use asset have been
separately presented in the balance sheet and lease
payments have been classified as financing activities.

The Company has elected not to recognise right-of-use
assets and lease liabilities for short term leases that have
a lease term of less than or equal to 12 months with no
purchase option and assets with low value leases. The
Company recognises the lease payments associated
with these leases as an expense in statement of profit
and loss over the lease term. The related cash fiows are
classified as operating activities.

p) Share-based Compensation

The Company recognises compensation expense
relating to share-based payments in the net profit using
fair value in accordance with Ind AS 102, Share-Based
Payment. The estimated fair value of awards is charged
to income on a straight line basis over the requisite
service period for each separately vesting portion of the
award as if the award was in substance, multiple awards
with a corresponding increase to ESOP Reserve.

q) Earnings Per Share:

Basic earnings per share is calculated by dividing the
net profit or loss for the year attributable to equity
shareholders (after deducting attributable taxes) by the
weighted average number of equity shares outstanding
during the year.

For the purpose of calculating diluted earnings per
share, the net profit or loss for the year attributable to
equity shareholders (after deducting attributable taxes)
and the weighted average number of equity shares
outstanding during the year are adjusted for the effects
of all dilutive potential equity shares. Potential equity
shares are deemed to be dilutive only if their conversion
to equity shares would decrease the net profit per share
from continuing ordinary operations. Potential dilutive
equity shares are deemed to be converted as at the
beginning of the period, unless they have been issued
at a later date. The dilutive potential equity shares are
adjusted for the proceeds receivable had the shares
been actually issued at fair value (i.e. average market
value of the outstanding shares). Dilutive potential
equity shares are determined independently for each
period presented.

NOTE 3: SIGNIFICANT ACCOUNTING
JUDGMENTS, ESTIMATES AND
ASSUMPTIONS

The preparation of the Company's financial statements
requires the management to make judgments, estimates and
assumptions that affect the reported amounts of revenues,
expenses, assets and liabilities, and the accompanying
disclosures, and the disclosure of contingent liabilities.
Uncertainty about these assumptions and estimates could
result in outcomes that require a material adjustment to
the carrying amount of assets or liabilities affected in future
periods.

Judgments: The following are the key accounting judgments
that the management has used:

i. Property, Plant and Equipment

The charge in respect of periodic depreciation is derived
after determining an estimate of an asset's expected
useful life and the expected residual value at the end of
its life. The lives are based on historical experience with
similar assets and are based on changes in technical or
commercial obsolescence.

ii. Defined Benefit Obligation

The costs are assessed on the basis of assumptions
selected by the management. These assumptions
include salary escalation rate, discount rates, expected
rate of return on assets and mortality rates.

iii. Significant increase in credit risk

ECL is measured as an allowance equal to 12-month
ECL for stage 1 assets, or lifetime ECL for stage 2 or
stage 3 assets. An asset moves to stage 2 when its credit
risk has increased significantly since initial recognition.
In assessing whether the credit risk of an asset has
significantly increased the Company takes into account
qualitative and quantitative reasonable and supportable
forward-looking information.

Estimates and assumptions: The key assumptions
concerning the future and other key sources of
estimation uncertainty at the reporting date, that have
a significant risk of causing a material adjustment to the
carrying amounts of assets and liabilities within the next
financial year, are described below:

i. Fair Value of Financial Instruments

The fair value of financial instruments is the price
that would be received to sell an asset or paid
to transfer a liability in an orderly transaction
in the principal (or most advantageous) market
at the measurement date under current market
conditions (i.e., an exit price) regardless of whether
that price is directly observable or estimated using
another valuation technique. When the fair values
of financial assets and financial liabilities recorded

in the balance sheet cannot be derived from active
markets, they are determined using a variety
of valuation techniques that include the use of
valuation models. The inputs to these models are
taken from observable markets where possible,
but where this is not feasible, estimation is required
in establishing fair values.

ii. Impairment of financial assets

The measurement of impairment losses across all
categories of financial assets requires judgment,
in particular, the estimation of the amount and
timing of future cash fiows and collateral values
when determining impairment losses and the
assessment of a significant increase in credit risk.
These estimates are driven by a number of factors,
changes in which can result in different levels of
allowances.

The Company's ECL calculations are outputs of models
with a number of underlying assumptions regarding the
choice of variable inputs and their interdependencies.

NOTE 3.1: NEW STANDARDS AND
AMENDMENTS

Ministry of Corporate Affairs ("MCA") notifies new standard
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 notified
Ind AS - 117 Insurance Contracts and amendments to Ind
AS 116 - Leases, relating to sale and leaseback transactions,
applicable to the Company w.e.f. April 1, 2025. 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.

aggregating ^2,250.00 Crores pursuant to the issue in accordance with provisions of SEBI (Issue of Capital and Disclosure Requirements)
Regulations, 2018. Funds raised by way of QIP have been utilised for the purpose mentioned in the objects of the issue in the offer
document.

(c) Terms/rights attached to equity shares:

The Company has only one class of shares referred to as equity shares having a par value of ^1/- each. Each holder of equity shares is
entitled to one vote per share. The Company declares and pays dividend in Indian Rupees. During the year ended March 31,2025, an
interim dividend of ^ 6.0/- (P.Y. ^ 16.5/-) has been paid and recognised as distribution to equity shareholders.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after
distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Securities Premium

Securities premium account includes the difference between face value of equity shares and consideration in respect of shares issued. The
issue expenses of securities which qualify as equity instruments are written off against securities premium account. Further, fair value of
exercised stock options are transferred from "ESOP Reserves" to securities premium account.

General Reserve

General Reserve is used from time to time to transfer profits from retained earnings for appropriation purposes. As the General Reserve is
created by a transfer from one component of equity to another and is not an item of other comprehensive income, items included in General
Reserve will not be reclassified subsequently to Statement of profit or Loss.

Capital Reserve

This reserve is created pursuant to the transfer of "Wealth Business Undertaking" and "Broking and Depository Participant Business
Undertaking" in accordance with the composite scheme of arrangement amongst India Infoline Finance Limited ("IIFL Finance"), IIFL Holdings
Limited ("IIFL Holdings"), India Infoline Media and Research Services Limited ("IIFL M&R"), IIFL Securities Limited ("IIFL Securities"), 360
ONE WAM Limited ("IIFL Wealth") and 360 ONE Distribution Services Limited (Formerly known as IIFL Wealth Distribution Services Limited
("IIFL Distribution"), and their respective shareholders.

ESOP Reserve

It relates to share options granted to the employees by the Company under its employee stock option plan. It will be transferred to Share
Capital and Securities Premium (if any) on exercise of options by the employees.

Retained Earnings

The balance in Retained Earnings primarily represents surplus after payment of dividend and transfer to reserves.

34.1 Corporate guarantee issued to banks towards provision of credit facilities and bank guarantee to subsidiaries of the Company.

34.2 Amount paid under protest with respect to income tax demand ^ 7.06 Crore (PY : ^ 7.06 Crore)

Management believes that the ultimate outcome of above matters will not have a material adverse impact on its financial position, results
of operations and cash flows. In respect of above matters, future cash outflows in respect of contingent liabilities are determinable only
on receipt of Judgements pending at various authorities.

34.3 The Company has received demand towards stamp duty on account of the Composite Scheme of Arrangement. The demand has been
raised for a sum of ' 75.00 crore. As per the scheme document any incidental expenses will be borne by the resulting companies i.e
IIFL Finance Limited, IIFL Securities Limited and 360 ONE WAM Limited equally. The Company has appealed against the same and
paid ^ 8.33 crore under protest towards its share of the liability and shown ^ 16.67 crore as Contingent liability.

34.4 Amount paid under protest with respect to indirect tax demand ^ 0.43 crores (PY : ^ #0.00 crores)

Management believes that the ultimate outcome of above matters will not have a material adverse impact on its financial position, results
of operations and cash flows. In respect of above matters, future cash outflows in respect of contingent liabilities are determinable only
on receipt of Judgements pending at various authorities.

The Company has met its CSR obligations through its subsidiary 360 ONE Foundation except for administrative cost booked at Company
level. (Refer Note no 37)

NOTE 36. DISCLOSURE PURSUANT TO IND AS 107 “FINANCIAL INSTRUMENTS:
DISCLOSURES”

Financial Risk Management

The Company's financial risk management is an integral part of how to plan and execute its business strategies. The Company's principal
financial liabilities comprise trade and other payables, debt securities, borrowings and other financial liabilities. The Company's principal
financial assets include trade and other receivables, cash and cash equivalents, loans, investments and other financial assets that derive
directly from its operations and Investment.

The Company is exposed to market risk, credit risk, liquidity risk etc. The Company's senior management oversees the management of these
risks. The Company's senior management is overseen by the audit committee with respect to risks and facilitates appropriate financial risk
governance framework for the Company. Financial risks are identified, measured and managed in accordance with the Company's policies
and risk objectives. The Board of Directors reviews and agrees policies for managing key risks, which are summarised below.

36A. Credit Risk

Credit risk refers to risk that a counterparty will default on its contractual obligations resulting in financial loss to the Company. Credit risk
assessement on various components is described below:

1) Loans

The Company has outstanding loans to staff and Inter corporate deposits. The Company has not made any provision on ECL as credit
risk is considered insignificant on account of loans given to related parties and employees.

2) Trade and other Receivables

The Company's trade receivables primarily include receivables from customers under syndication and merchant banking arrangements.
Other receivables include receivables from mutual funds, alternate investment funds and related parties. The Company has made
lifetime expected credit loss provision based on provision matrix which takes into account historical experience in collection and credit
losses.

or with capital adequacy ratio above the prescribed regulatory limits.

The credit risk in respect of investments classified as Fair Value through Profit or Loss is priced at the fair value of the respective
instruments.

Credit Risk on Other Financial assets is considered insignificant considering the nature of such assets and absence of counterparty risk.
36B. Liquidity Risk

Liquidity risk refers to the risk that the Company may not be able to meet its short-term financial obligations. The Company manages
liquidity risk by maintaining sufficient cash and marketable securities and by having access to funding through an adequate amount of
credit lines. Further, The Company has well defined Asset Liability Management (ALM) Framework with an appropriate organisational
structure to regularly monitor and manage maturity profiles of financial assets and financial liabilities including debt financing plans,
cash and cash equivalent instruments to ensure liquidity. The Company seeks to maintain flexibility in funding mix by way of sourcing
the funds through money markets, debt markets and banks to meet its business and liquidity requirements.

36C. Market Risk

Market risk is the risk of any loss in future earnings, in realisable fair values or in future cash flows that may result from a change in the
price of a financial instrument.

36C.1 Currency Risk

The Company does not run a proprietary trading position in foreign currencies and foreign currency denominated instruments.However
the company does have some exposure to foreign currencies through its business operations or by mainitaing cash balance and trade
receivables in currencies other than reporting/functional currencies.

36E.1. Fair values of financial instruments

The Company measures fair values using the following fair value hierarchy, which reflects the significance of the inputs used in making
the measurements.

- Level 1: Inputs that are quoted market prices (unadjusted) in active markets for identical instruments. This include NAVs of the schemes
of mutual funds.

- Level 2: Inputs other than quoted prices included within Level 1 that are observable either directly (i.e. as prices) or indirectly (i.e.
derived from prices). This category includes instruments valued using: quoted market prices in active markets for similar instruments;
quoted prices for identical or similar instruments in markets that are considered less than active; or other valuation techniques in which
all significant inputs are directly or indirectly observable from market data.

- Level 3: Inputs that are unobservable. This category includes all instruments for which the valuation technique includes inputs that are
not observable and the unobservable inputs have a significant effect on the instrument's valuation. This category includes instruments
that are valued based on quoted prices for similar instruments for which significant unobservable adjustments or assumptions are
required to reflect differences between the instruments.

The Company uses widely recognised valuation methods to determine the fair value of common and simple financial instruments, such
as interest rate swaps, options, which use only observable market data as far as practicable. Observable prices or model inputs are
usually available in the market for listed debt and equity securities, exchange-traded derivatives and simple OTC derivatives such as
interest rate swaps.

36E.1a.Financial instruments measured at fair value - Fair value hierarchy

The following table analyses financial instruments measured at fair value at the reporting date, by the level in the fair value hierarchy
into which the fair value measurement is categorised.

The amounts are based on the values recognised in the statement of financial position. The fair values include any deferred differences
between the transaction price and the fair value on initial recognition when the fair value is based on a valuation technique that uses
unobservable inputs.

NOTE 38 : EMPLOYEE STOCK OPTIONS

A) The Company has implemented equity settled Employee Stock Options Scheme 2012 (IIFLW ESOP 2012), Employee Stock Options
Scheme 2015 ( IIFLW ESOP 2015), Employee Stock Options Scheme 2019 (IIFLW ESOP 2019), Employee Stock Options Scheme 2021
(IIFLW ESOP 2021), Employee Stock Options Scheme 2022 (IIFLW ESOP 2022) and Employee Stock Options Scheme 2023 (360 ONE
ESOS 2023) and has outstanding options granted under the said schemes except for options granted under IIFLW ESOP 2012. The
options vest in graded manner and must be exercised within a specified period as per the terms of grants by the Nomination and
Remuneration Committee and ESOP Schemes.

During the year ended March 31, 2023, the Nomination and Remuneration Committee of the Board of Directors, approved making
appropriate adjustments due to Sub-division of Shares and Bonus Shares, to the stock options ("Stock Options") granted under
IIFL Wealth Employee Stock Option Scheme - 2015, IIFLW ESOP - 2019, IIFL Wealth ESOP Scheme - Under Composite Scheme of
Arrangement, IIFLW ESOP - 2021 and IIFL Wealth Employee Stock Option Scheme 2022 (collectively referred to as "Schemes") such
that the exercise price for all outstanding stock options (vested but not exercised as well as unvested Stock Options), the number thereof
and the number of Stock Options available for future grant(s) as on the record date were proportionately adjusted in accordance with
the respective Schemes. In view of the Sub-division of Shares, the number of unvested and unexercised Stock Options were 'doubled',
the exercise price in respect of each such Stock Option post-adjustment was 'halved' and all other terms of the Stock Options remained
same. In view of the Bonus Shares, upon exercise of 1 (one) Stock Option by the option grantee, 2 (two) equity shares of face value ^1/-
would be issued and allotted to such option grantee (without requiring any additional payment over and above the exercise price) and all
other terms of the Stock Options should remain same.

NOTE 41. OTHER STATUTORY INFORMATION

1. The Company does not hold any immovable property as on 31 March 2025 and 31 March 2024, whose title deeds are not in the favour
of the Company.

2. The Company has not revalued its Property, Plant and Equipment in current year and previous year.

3. No proceedings have been initiated or pending against the Company for holding any benami property under the Benami Transactions
(Prohibition) Act, 1988 and rules made thereunder, as at 31 March 2025 and 31 March 2024.

4. The Company is not a declared wilful defaulter by any bank or financial Institution or other Lender, in accordance with the guidelines on
wilful defaulters issued by the Reserve Bank of India, during the year ended 31 March 2025 and 31 March 2024.

5. The Company does not have any transactions with the companies struck off under section 248 of Companies Act, 2013 or section 560
of Companies Act, 1956 during the year ended 31 March 2025 and 31 March 2024.

6. There have been no transactions which have not been recorded in the books of account, that have been surrendered or disclosed as
income during the year ended 31 March 2025 and 31 March 2024, in the tax assessments under the Income Tax Act, 1961. There have
been no previously unrecorded income and related assets which were to be properly recorded in the books of account during the year
ended 31 March 2025 and 31 March 2024.

7. 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 (whether recorded in writing or otherwise) 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.

8. 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. direct Ly 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,

9. The Company has not traded or invested in Crypto currency or Virtual Currency during the year ended 31 March 2025 and 31 March
2024.

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

11. Considering that the Company is in the business of wealth management, the analytical ratios related to Capital to Risk Weighted Assets
Ratio (CRAR), Tier I CRAR,Tier II CRAR and Liquidity Coverage Ratios are not applicable.

12. The Company has used accounting software systems for maintaining its books of account for the financiaL year ended 31st March, 2025
which have the feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions
recorded in the software systems. Further, the audit trail has been preserved by the Company as per the statutory requirements for
record retention.

NOTE 42. BUSINESS COMBINATION

a) 360 ONE Asset Management Limited ("Transferor") has transferred its business consisting of management of Alternative Investment
Funds for Category I and II, in its capacity of acting as an investment manager including the Co-investment Portfolio Management
Business ("Co-invest PMS") in the capacity of a co-investment portfolio manager, to 360 ONE Alternates Asset Management Limited
("Transferee"). Both the transferor and transferee companies are wholly owned subsidiary companies of 360 ONE WAM Limited. This
transfer of business undertaking was made through a business transfer agreement with an effective date of ApriL 01,2024. AdditionaLLy,
MAVM Angels Network Private Limited (a wholly owned subsidiary of 360 ONE WAM Limited) has transferred its investment management
rights pertaining to Alternative Investment Fund to the aforementioned transferee company as a part of the same business transfer
agreement.

b) The Company entered into a Share Purchase and Share Subscription Agreement with Times Internet Limited to acquire 100% of
Moneygoals Solution Limited (MGSL) and a wholly owned subsidiary of MGSL, Banayantree Services Limited (BTSL) (collectively known
as ET Money) on June 12, 2024. The transaction was consummated on February 06, 2025, pursuant to which MGSL has become a
wholly owned subsidiary of the Company and BTSL has become the step down wholly owned subsidiary of the Company. The total
consideration for the said acquisition amounts to ^365.83 Crores which was partly discharged by payment of cash consideration of
^85.83 Crores and partly by issuance of equity shares for consideration other than cash i.e. by issuance and allotment of 3,590,000 fully
paid-up equity shares of the Company of face value ^1/- at a price of ^779.93/-.

c) The Board of the Company, at its meeting held on January 27, 2025, approved the acquisition of the entire paid-up equity share capital
of Batlivala & Karani Securities India Private Limited and Batlivala & Karani Finserv India Private Limited, by the Company for a total
consideration of ,884.13 Crores which will be partly discharged by payment of cash consideration of ^709.37 Crores, subject to
working capital adjustments, and partly by issuance of equity shares for consideration other than cash i.e. by issuance and allotment of
1 Crore fully paid-up equity shares of the Company of face value ^1/- at a price of ^1,174.76/- per share in accordance with Chapter
V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("ICDR Regulations").
The acquisition is subject to necessary approvals including of the shareholders of the Company, the concerned stock exchanges and
other regulatory authorities.

d) The scheme of amalgamation between 360 One Distribution Services Limited ("Transferee Company") and MAVM Angels Network
Private Limited ("Transferor Company"), both being wholly owned subsidiary of the Company has been filed with National Company Law
Tribunal (NCLT), Mumbai Bench, on March 25, 2025 and the sanction of NCLT to the Scheme is awaited.

NOTE 43.

The Company provides premises, infrastructure and other facilities and services to its subsidiary companies, which are termed as 'Shared
Services'. Hitherto, such shared services consisting of administrative and other revenue expenses paid for by the Company were allocated by
the Company to its subsidiary companies. Further the Company allocates such cost based on reasonable management estimates, which are
constantly refined in the light of additional knowledge gained relevant to such estimation.

NOTE 44.

The Income Tax Department ("the Department") conducted a Search ("the Search") under Section 132 of the Income Tax Act on the Company
during the quarter ended March 31, 2025. During the Search and subsequently thereafter, the Department had sought information in
respect of certain claims for deductions made by the Company in earlier assessment years. The Company is in the process of providing the
Information sought by the Department. As on the date of issuance of these standalone financial statements, the Company has not received
any communication from the Department regarding the outcome of the Search. While uncertainty exists regarding the ultimate outcome of the
proceeding, the Company after considering available information, as of the date of approval of these financial statements has not identified
any adjustments, disclosures or any effect to the current or prior period financial statements.

NOTE 45. EVENTS AFTER REPORTING PERIOD

Except as given below, there were no significant events from the date of financial statements till the date of adoption of accounts, that require
disclosure in these financial statements.

The Company approved an exclusive strategic collaboration between the Company and UBS AG, on April 22, 2025, for making wealth
management solutions available to domestic and global Indian clients. The Company also approved issuance of up to 20,502,939 warrants
("Warrants") on a preferential issue basis to UBS AG at a price of ^ 1,030/- (Rupees One Thousand and Thirty only) per Warrant, which are
convertible into an equivalent number of fully paid-up equity shares of the Company of face value of ^1/- each within a maximum period of
18 (eighteen) months from the date of allotment, subject to the approval of shareholders of the Company.

NOTE 46. APPROVAL OF FINANCIAL STATEMENTS

The financial statements were approved for issuance by the Board of Directors on April 23, 2025.

NOTE 47.

Previous year figures are regrouped where ever considered necessary to confirm to current year's presentation.

See accompanying Notes to the Standalone Financial Statements

For and on behalf of the Board of Directors

Karan Bhagat Yatin Shah

Managing Director Director

(DIN: 03247753) (DIN: 03231090)

Sanjay Wadhwa Rohit Bhase

Chief Financial Officer Company Secretary

ACS-21409

Place : Mumbai
Date : April 23, 2025