3.10 Provisions and Contingent Liabilities

The Company creates a provision when there is present obligation as a result of a past event that probably requires an
outflow of resources and a reliable estimate can be made of the amount of the obligation.

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. The Company also discloses present obligations for which a reliable
estimate cannot be made. When there is a possible obligation or a present obligation in respect of which the likelihood of
outflow of resources is remote, no provision or disclosure is made.

3.11 Foreign Currency Translation

The Company's financial statements are presented in Indian Rupee, which is also the Company's functional currency.
Initial recognition

Foreign currency transactions are recorded in the reporting currency, by applying to the foreign currency amount the
exchange rate between the reporting currency and the foreign currency at the date of the transaction.

Conversion

Foreign currency monetary items are re-translated using the exchange rate prevailing at the reporting date. Non¬
monetary items, which are measured in terms of historical cost denominated in a foreign currency are reported using
the exchange rate at the date of the transaction.

Exchange differences

All exchange differences are accounted in the Statement of Profit and Loss.

3.12 Employment benefits

i. Post-employment benefits
Defined Contribution plan

The Company's contribution to provident fund is considered as defined contribution plan and is charged as an
expense as they fall due based on the amount of contribution required to be made and when the services are
rendered by the employees.

Defined benefit plans

Gratuity

A defined benefit plan is a post-employment benefit plan other than a defined contribution plan. The Company's
net obligation in respect of defined benefit plans is calculated separately for each plan by estimating the amount of
future benefit that employees have earned in the current and prior periods.

The calculation of defined benefit obligation is performed annually by a qualified actuary using the projected unit
credit method. When the calculation results in a potential asset for the Company, the recognised asset is limited
to the present value of economic benefits available in the form of any future refunds from the plan or reductions
in future contributions to the plan ('the asset ceiling'),if any. In order to calculate the present value of economic
benefits, consideration is given to any minimum funding requirements.

Re-measurements of the net defined benefit liability, which comprise actuarial gains and losses and the effect
of the asset ceiling (if any, excluding interest), are recognised in OCI. The Company determines the net interest
expense (income) on the net defined benefit liability (asset) for the period by applying the discount rate used
to measure the defined benefit obligation at the beginning of the annual period to the then-net defined benefit
liability (asset), taking into account any changes in the net defined benefit liability (asset) during the period as a
result of contributions and benefit payments. Net interest expense and other expenses related to defined benefit
plans are recognised in profit or loss.

When the benefits of a plan are changed or when a plan is curtailed, the resulting change in benefit that relates to
past service (past service cost' or 'past service gain') or the gain or loss on curtailment is recognised immediately
in profit or loss on the earlier of:

• The date of the plan amendment or curtailment, and

• The date that the Company recognises related restructuring costs

The Company recognises gains and losses on the settlement of a defined benefit plan when the settlement occurs,

ii. Short-term employee benefits

Short-term employee benefits are expensed as the related service is provided. A liability is recognized for the
amount expected to be paid if the Company has a present legal or constructive obligation to pay this amount as a
result of past service provided by the employee and the obligation can be estimated reliably.

3.13 Lease

Company has applied Ind AS 116 "Leases" for all lease contracts covered by the Ind AS. Under Ind AS 116 a contract
is, or contains a lease, if it conveys the right to control the use of an identified asset for a period of time in exchange
for consideration. The Company undertook an assessment of all applicable contracts to determine if a lease exists as
defined in Ind AS 116. This assessment will also be completed for each new contract or change.

Measurement of Lease Liability

At the time of initial recognition, the Company measures lease liability as present value of all lease payment discounted
using the Company's incremental cost of borrowing rate. Subsequently, the lease liability is

i) Increase by interest on lease liability

ii) Reduce by lease payments made
Measurement of Right-of-Use asset

At the time of initial recognition, the Group measures 'Right-of-Use assets' as present value of all lease payment

discounted using the Group's incremental cost of borrowing rate w.r.t said lease contract. Subsequently, 'Right-of-Use
assets' is measured using cost model i.e. at cost less any accumulated depreciation and any accumulated impairment
losses adjusted for any re-measurement of the lease liability specified in Ind AS 116 'Leases' Depreciation on 'Right-of-
Use assets' is provided on straight line basis over the lease period.

In contract going forward. The Company has further elected not to recognize ROU assets and lease liabilities for leases
of low value assets and for short-term leases (less than 12 months).

3.14 Fair Value Measurement

The Company measures its qualifying financial instruments at fair value on each Balance Sheet date.

Fair value is the price that would be received against sale of an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. The fair value measurement is based on the presumption
that the transaction to sell the asset or transfer the liability takes place in the accessible principal market or the most
advantageous accessible market as applicable.

The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data is
available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable
inputs.

All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within
the fair value hierarchy into Level I, Level II and Level III based on the lowest level input that is significant to the fair value
measurement as a whole. For a detailed information on the fair value hierarchy, refer note no. 41.

For assets and liabilities that are fair valued in the financial statements on a recurring basis, the Company determines
whether transfers have occurred between levels in the hierarchy by re-assessing categorization (based on the lowest
level input that is significant to the fair value measurement as a whole) at the end of each reporting period.

For the purpose of fair value disclosures, the Company has determined classes of assets and liabilities on the basis of the
nature, characteristics and risks of the asset or liability and the level of the fair value hierarchy.

3.15 Segment reporting- Identification of segments:

An operating segment is a component of the Company that engages in business activities from which it may earn revenues
and incur expenses, whose operating results are regularly reviewed by the Company's Chief Operating Decision Maker
(CODM) to make decisions for which discrete financial information is available. Based on the management approach as
defined in Ind AS 108 Operating Segments, the CODM evaluates the Company's performance and allocates resources
based on an analysis of various performance indicators by business segments and geographic segments.

3.16 Earnings per share

The Company reports basic and diluted earnings per equity share in accordance with Ind AS 33, Earnings Per Share.
Basic earnings per equity share is computed by dividing net profit/ loss after tax attributable to the equity shareholders
for the year by the weighted average number of equity shares outstanding during the year. Diluted earnings per equity
share is computed and disclosed by dividing the net profit/ loss after tax attributable to the equity shareholders for the
year after giving impact of dilutive potential equity shares for the year by the weighted average number of equity shares
and dilutive potential equity shares outstanding during the year, except where the results are anti-dilutive. 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. Dilutive potential equity shares are determined
independently for each period presented. The number of equity shares and potentially dilutive equity shares are adjusted
for share splits / reverse share splits and bonus shares, as appropriate. Partly paid equity shares are treated as a fraction
of an equity share to the extent that they are entitled to participate in dividends relative to a fully paid equity share during
the reporting period.

3.17 Cash flow statement

Cash flows are reported using the indirect method, whereby profit before tax is adjusted for the effects of transactions
of a non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash flows from
regular revenue generating, financing and investing activities of the Company are segregated. Cash flows in foreign
currencies are accounted at the actual rates of exchange prevailing at the dates of the transactions.

3.18 Standards issued but not yet effective

Ministry of Corporate Affairs has issued Companies (Indian Accounting Standards) Amendment Rules, 2022 on March
23, 2022, which contains various amendments to Ind AS. Management has evaluated these and have concluded that
there is no material impact on the Company's financial statements.

i. Loans and receivables are non-derivative financial assets which generate a fixed or variable interest income for the
Company. The carrying value may be affected by changes in the credit risk of the counterparties.

ii. Loans granted by the Company are secured by equitable mortgage/registered mortgage of the property and/or
undertaking to create a security and/or personal guarantees and/or hypothecation of assets and/or assignments
of life insurance policies.

iii. Loans where fraud has been committed/ reported for the year ended 31 March 2025: Nil (31 March 2024: Nil)

iv. The Company has not provided any loans or advances to promoters, directors and KMPs. The loans provided to the
related parties have been separately disclosed in Related party Disclosures. (Refer Note 38)

Terms/rights attached to Equity Shares:

The Company has a single class of equity shares. Accordingly, all equity shares rank equally with regard to dividends and
share in the Company's residual assets. The equity shares are entitled to receive dividend to the extent the shares are
paid up, as declared from time to time subject to payment of dividend to preference shareholders. Dividends are paid in
Indian Rupees. Dividend proposed by the board of directors, if any, is subject to the approval of the shareholders at the
General Meeting, except in the case of interim dividend.

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, to the extent the shares are paid up.

An operating segment is a component of the company that emerges in business activities from which it may earn rev¬
enues and incur expenses, including revenues and expenses that relate to transactions with any of the company's other
components, and for which discrete financial information is available. All operating segments' operating results are re¬
viewed regularly by the company's management to make decisions about resources to be allocated to the segments
and assess their performance. The MD is considered to be the chief operating decision maker ('CODM') within the pur¬
view of Ind AS 108 operating segments.

The CODM considers the entire business of the company on a holistic basis for making operating decisions and thus
there are no segregated operating segments. The company is engaged into the business of providing Mortgage loans
and Vehicle loans. The CODM of the company reviews the operating results of the company as a whole and therefore
not more than one reportable segment is required to be disclosed by the company as envisaged by Ind AS 108 operating
segments. Accordingly, amounts appearing in these financial statements relate to the business of providing Mortgage
loans and Vehicle loans.

39. Employee benefits-post employment benefit plans
A Defined contribution plans

The Company makes provident fund and employee state insurance scheme contributions which are defined contribu¬
tion plans, for qualifying employees. Under the schemes, the Company is required to contribute a specified percentage
of the payroll costs to fund the benefits. The Company recognised INR 16.84 Lakhs (March 31,2024 - INR 14.24 Lakhs)
for provident fund contributions and INR 1.58 Lakhs (March 31, 2024 - INR 1.73 Lakhs) for employee state insurance
scheme contributions in the statement of profit and loss. The contributions payable to these plans by the Company are
at rates specified in the rules of the schemes.

B Defined benefit plans

Gratuity

The Company operates a defined benefit plan (the Gratuity plan) covering eligible employees. The gratuity plan is gov¬
erned by the Payment of Gratuity Act, 1972. Under the act, employee who has completed five years of service is entitled
to specific benefit. The level of benefits provided depends on the member's length of service and salary at retirement
age/ resignation date.

The defined benefit plans expose the Company to risks such as Actuarial risk, Investment risk, Liquidity risk, Market risk,
Legislative risk. These are discussed as follows:

Actuarial risk: It is the risk that benefits will cost more than expected. This can arise due to one of the following reasons:

Adverse salary growth experience: Salary hikes that are higher than the assumed salary escalation will result into an in¬
crease in obligation at a rate that is higher than expected.

Variability in mortality rates: If actual mortality rates are higher than assumed mortality rate assumption then the gratuity
benefits will be paid earlier than expected. Since there is no condition of vesting on the death benefit, the acceleration of
cash flow will lead to an actuarial loss or gain depending on the relative values of the assumed salary growth and Variabil¬
ity in withdrawal rates: If actual withdrawal rates are higher than assumed withdrawal rate assumption then the Gratuity
Benefits will be paid earlier than expected. The impact of this will depend on whether the benefits are vested as at the
resignation date.

Investment risk: For funded plans that rely on insurers for managing the assets, the value of assets certified by the
insurer may not be the fair value of instruments backing the liability. In such cases, the present value of the assets is in¬
dependent of the future discount rate. This can result in wide fluctuations in the net liability or the funded status if there
are significant changes in the discount rate during the inter-valuation period.

Liquidity risk: Employees with high salaries and long durations or those higher in hierarchy, accumulate significant level
of benefits. If some of such employees resign/retire from the company there can be strain on the cash flows.

Market risk: Market risk is a collective term for risks that are related to the changes and fluctuations of the financial
markets. One actuarial assumption that has a material effect is the discount rate. The discount rate reflects the time
value of money. An increase in discount rate leads to decrease in defined benefit obligation of the plan benefits and vice
versa. This assumption depends on the yields on the government bonds and hence the valuation of liability is exposed
to fluctuations in the yields as at the valuation date.

Legislative risk: Legislative risk is the risk of increase in the plan liabilities or reduction in the plan assets due to change
in the legislation/regulation. The government may amend the labour laws, thus requiring the companies to pay higher
benefits to the employees. This will directly affect the present value of the defined benefit obligation and the same will
have to be recognized immediately in the year when any such amendment is effective.

Funding

The Company has funded their gratuity liability with Life Insurance Corporation. Gratuity provision has been made based
on the actuarial valuation.

Reconciliation of net defined benefit (asset) liability

The following table shows a reconciliation from the opening balances to the closing balances for the net defined benefit
asset (liability) and its components.

b. Measurement of Fair Value

Valuation methodologies of financial instruments not measured at fair value

Below are the methodologies and assumptions used to determine fair values for the above financial instruments which
are not recorded and measured at fair value in the financial statements. These fair values were calculated for disclosure
purpose only.

Short Term financial assets and liabilities

For financial assets and financial liabilities that have a short-term maturity (less than twelve months), the carrying
amounts, which are net of impairment, area reasonable approximation of their fair value. Such instruments include: cash
and cash equivalent, other financial assets (excluding security deposit), trade payables and other financial liability.

Loans and advances to customers

In case of retail loans and term loans with floating rates, the interest rate represents the market rate. Consequently, the
carrying amount represents the fair value.

Term Loan with fixed rate: - The fair values estimated by discounted cash flow model that incorporates assumptions
for credit risk, probability of default and loss given default estimates. As per management assumptions, the fair value of
the loans & advances has been at par with the carrying value of the portfolio considering the fact that the competitive
interest rates in the operational area of the company and the portfolio in which the company has exposure are more or
less as per prevailing market rates.

Investments

The fair values estimated by discounted cash flow model that incorporates assumptions for credit risk, probability of
default and loss given default estimates.

Borrowings

In case of borrowings with floating rates, the interest rate represents the market rate. Consequently, the carrying amount
represents the fair value.

Transfer between Levels I and II

There has been no transfer in between level I and level II.

Capital

The company maintains an activity managed capital base to cover risks inherit in the business and is meeting the capital
adequacy of the local regulatory body, Reserve Bank of India (RBI). The adequacy of the Company's capital is monitored
using, among other measures the regulation issued by RBI.

The Company has complied in full with all its externally imposed capital requirements over the reported period. Equity
share capital and other equity are considered for the purpose of Company's capital management.

Capital Management

The Primary objectives of the company's capital management policy are to ensure that the Company complies with
externally imposed capital requirement and maintains strong credit ratings and healthy capital ratios in order to support
its business and to maximize shareholder value.

The company manages its capital structure and adjusts it according to changes in economic conditions and the risk
characteristics of its activities. In order to maintain or adjust the capital structure, the Company may adjust the amount of
dividend payment of shareholders, return capital to shareholder or issue capital securities. No changes have been made
to the objectives, policies and processes from the previous years. However, they are under constant review by the board.

42. FINANCIAL RISK MANGEMENT OBJECTIVES AND POLICIES

The Company Principal financial liabilities comprises borrowings. The main purpose of these financial liabilities is to
finance the Company's operations and to support its operations. The Company's financial assets include loans, cash,
and cash equivalents, investments and other financial assets and that derives directly from its operations.

The Company is exposed to credit risk; liquidity risk and market risk. The Company's board of directors has an overall
responsibility for the establishment and the oversight of the company's risk management framework. The board of
directors has established the risk management for developing and monitoring the Company's risk management
committee, which is responsible for developing and monitoring Company's risk management. The committee reports
regularly to the boards of directors on its activities.

The Company's risk management policies are established to identify and analyze the risks faced by the Company, to set
appropriate risk limits and controls and to monitor risk and adherence to limit. Risk management policies and systems are
reviewed regularly to reflect changes in market conditions and the Company's activities.

The Company's risk management committee oversees how management monitors compliance with the Company's risk
management policies and the procedures, and reviews the adequacy of the risk management framework in the relation
to the risk faced by the Company.

(i) Credit Risk

Credit Risk is the risk of financial loss to the company if a customer or counter party to financial instruments fails to meet
its contractual obligations and arises primarily from the company's loan and investments.

The carrying amounts of financial assets represent the maximum credit risk exposure.

A. Loans and Advances

The Company's exposure to credit risk is influenced mainly by the individual characteristics of each customer. However,
management also considers the factors that may influence the credit risk of its customer base, including the default risk
associated with the industry.

The risk management committee has established a credit policy under which every new customer is analyzed individually
for credit worthy before the Company's standard payment and delivery terms and conditions are offered. The Company's
review includes external ratings, if they are available, financial statements, credit agency information, industry information
etc.

The Company's gross exposure to credit risk for loans and investments by type of counterpart is as follows:

The above exposures are entirely concentrated in India. There is no oversees exposure.

An impairment analysis is performed at each reporting date based on the facts and circumstances existing on that date
to identify expected losses on account of time value of money and credit risk. For the purpose of this analysis, the loan
receivables are categorized into groups based on days past due. Each group is then assessed for impairment using the
Expected Credit Loss (ECL) model as per the provisions of Ind AS 109- Financial instruments.

Staging

As per the provisions of Ind AS 109 general approach all financial instruments are allocated to stage 1 on initial recognition.
However, if a significant increase to credit risk is identified at the reporting date as compared with the initial recognition,
then an instrument is transferred to stage 2. If there is objective evidence of impairment, then the asset is credit impaired
and transferred to stage 3.

The Company considers a financial instrument defaulted and therefore stage 3 (credit- impaired) for ECL calculations
in all cases when the borrower becomes 90 days past due on its contractual payments.

For Financial assets in stage 1, the impairment calculated based on defaults that are possible in next twelve months,
whereas for financial instruments in stage 2 and 3 the ECL calculation considers default event for the lifespan of the
instrument

As per Ind AS 109, Company assesses whether there is a significant increase in credit risk at the reporting date from the
initial recognition. Company has staged the assets based on the day past dues criteria and other market factors which
significantly impacts the portfolio.

Grouping

As per Ind AS 109, Company is required to group the portfolio based on the shared risk characteristics. Company has
assessed the risk and its impact on the various portfolios and has divided the portfolio into following groups:

• Vehicle Loans

• Business/SME/LAP
Impairment-Expected Credit Loss ("ECL"):

The accounting standard, Ind AS 109 does not specifically prescribe any methodology for computing ECL. However,
entities are required to adopt sound and market acceptable methodologies which are in line with the size, complexity
and risk profile of the financial entity for computing the ECL. The Company uses following three main components to
measure ECL: -

a. Probability of default (PD)

b. Loss given default(LGD).

c. Exposure at default (EAD).

Probability of default (PD):

PD is defined as the probability of whether borrowers will default their obligations in an ensuring period of 12 months.
Historical PD is derived from the Company's internal data calibrated with forward looking macro-economic factors like
current Pandemic scenarios etc.

For computation of probability of default company has considered four years' Historical data and the current
Macroeconomic conditions along with probable Impacts of COVID-19. Based on these factors PD has been worked out.

Loss given default (LGD):

LGD is an estimate of the loss from a transaction given that a default occurs. Under Ind AS 109, Lifetime LGD's are
defined as collection of LGD's estimates applicable to different future periods.

Various approaches are available to compute the LGD. Company has considered workout LGD approach.

The following steps are performed to calculate the LGD.

1. ) Haircut was applied on the value of the collateral (asset cost) as of reporting date.

2. ) The outstanding amount was adjusted with the haircut adjusted collateral value.

3. ) LGD has been computed using the outstanding amount in step 2.

Over and above the LGD has been floored using regulatory guidelines.

Exposure at default ("EAD")

As per Ind AS 109, EAD is estimation of the extent to which the financial entity may be exposed to counterparty in the

&

event ot detault and at the time ot counterparty s detault. Company has modeled LAD based on the contractual and
behavioral cash flows till the lifetime of the loan and considering the expected prepayments.

Company has considered expected cash flows for all loans at DPD bucket level for each of the segments which were used
for computation for ECL. Moreover, the EAD comprised of principal component, accrued interest on the outstanding
exposure for the ensuring 12 months. So, discounting was done for computation of expected credit loss.

Collateral and other credit enhancements

The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. Guidelines
are in place covering the acceptability and valuation of each type of collateral. The main types of collateral obtained are
mortgaged properties based on the nature of loans. Management monitors the market value of collateral in accordance
with underlying agreement. The Company advances loan to maximum extent of 70% of the value of the mortgaged
properties.

(ii) Liquidity Risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting obligations associated with its financial
liabilities. The Company's approach in managing liquidity is to ensure that it will have sufficient funds to meet its liabilities
when due.

The company is monitoring its liquidity risk by estimating the future inflows and outflows during the start of the year and
planned accordingly the funding requirement. The company manages the liquidity by unutilized cash credit facility, term
loan and the direct assignment. The composition of the Company's liability mix ensures healthy asset liability maturity

The total cash credit and working capital limit available to the Company is INR 1480.00 Lakh spread across 2 banks. The
utilization level is maintained in such a way that ensures sufficient liquidity on hand.

Majority of the Company's portfolio is individual vehicle loans, Business Loans, SME Loans and Loan against property.
The company is also managing off book assets to the tune of Rs. 3752.09 lakhs as on March 31st 2025.

The table below summarizes the maturity profile of the Company's non-derivative financial liabilities based on contractual
discounted payments along with its carrying value as at the balance sheet date

(iii) 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 includes interest rate risk and foreign currency risk. The objective of market risk management
is to manage and control market risk exposures within acceptable parameters, while optimizing the return.

(iv) 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
changes in market interest rates. The company's exposure to the risk of changes in market interest rates relates primarily
to the company's investment in bank deposits and variable interest rate on borrowings and lending. Whenever there is a
change in borrowing interest rate for the company, necessary change is reflected in the lending interest rates over the
timeline in order to mitigate the risk of change in interest rates of borrowings.

(vi) Foreign currency risk

The Company is exposed to foreign currency fluctuation risk for its foreign currency borrowing (FCB). The Company's
borrowings in foreign currency are governed by RBI guidelines (RBI master direction RBI/FED/2018-19/67 dated 26
March 2019 and updated from time to time) which does not requires entities raising ECB for an average maturity of more
than 5 years to hedge its ECB exposure (Principal and Coupon). The Company however hedging its foreign currency
payment obligations against ECB for the next one year as per Board approved Interest Rate risk, Currency risk and
Hedging policy.

43. Subsequent event

There is no significant subsequent event that has occurred after the reporting period till the date of these financial
statements.

44. Other statutory information

a. Details of Benami Property held:

The Company does not have any Benami property, where any proceeding has been initiated or pending against the
Company for holding any Benami property as at 31st March 2025 and 31st March 2024.

b. Transactions with Struck off companies:

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.

c. Registration of charges or satisfaction with Registrar of Companies:

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

d. Details of Crypto Currency or Virtual Currency:

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

e. Utilisation of Borrowed Funds:

The Company borrows funds from various Banks and financial institutions for the purpose of onward lending to
end customers as per the terms of such borrowings. These transactions are part of the Company's normal funding
activities, which is conducted after exercising proper due diligence including adherence to the terms of credit
policies and other relevant guidelines.

f. Other than the nature of transactions described above.

i) No funds have been advanced or loans or invested by the Company to or in any other person(s) or entity(ies)
("inermediaries") with the understanding that the intermediary shall lend or invest in party identified by or on
behalf of the Company ("Ultimate beneficiaries") or provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries.

ii) The Company has not received any fund from any party(s) (Funding Party) with the understanding that the
Company shall whether, directly or indirectly lend or invest in other persons or entities identified by or on
behalf of the Company ("Ultimate beneficiaries") or provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries.

g. Undisclosed Income:

The Company does not have any such transaction which is not recorded in the books of accounts that has been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as,
search or survey or any other relevant provisions of the Income Tax Act, 1961.

h. Wilful Defaulter:

The Company is not declared as wilful defaulter by any bank or financial institution or any other lender.

i. Compliance with number of layers of companies:

The Company has complied with the number of layers prescribed under clause (87) of Section 2 of the Act read
with Companies (Restriction on number of layers) Rules 2017

j. Revaluation of Property, Plant and Equipment and Intangible Assets:

There is no revaluation of Property, Plant and Equipment and Intangible Assets during the period/ year ended, 31st
March 2025 and 31st March 2024.

45 Events after the reporting period.

The Company evaluates events and transactions that occur subsequent to the Balance Sheet date but prior to the
approval of the financial statements to determine the necessity for recognition and/or reporting of any of these events
and transactions in the financial statements. As of February 7, 2023, other than those disclosed and adjusted elsewhere
in these financial statements, there were no further subsequent events to be reported or recognised.

46 Social Security Code

The date on which the Code of Social Security, 2020 (The Code') relating to employee benefits during employment
and post-employment benefits will come into effect is yet to be notified and the related rules are yet to be finalised.
The Company will evaluate the code and its rules, assess the impact, if any and account for the same once they become
effective.

In terms of our report of even date attached

For Valawat & Associates For and on behalf of the Board of Directors of

Chartered Accountants Akme Fintrade (India) Limited

ICAI Firm registration number: 003623C CIN : U67120RJ1996PLC011509

Sd/- Sd/- Sd/-

CA. Jinendra Jain Nirmal Kumar Jain Rajendra Chittora

Partner (MD & Chairman) (Director)

Membership No: 072995 DIN: 00240441 DIN: 08211508

Sd/- Sd/- Sd/-

Place: Udaipur Rajni Gehlot Akash Jain Manoj Kumar Choubisa

Date: 12-05-2025 (CFO) (CEO) (Company Secretary)

UDIN: 25072995BMNAUS8429 PAN: BGEPG8519D PAN: AEIPJ8748L ACS: 66176