12. Provisions and Contingencies

The Company creates a provision when there exists a 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. When there is
possible obligation or a present obligation in respect of which likelihood of outflow of resources is
remote, no provision or disclosure is made.

13. Earnings per Share

The Basic and Diluted Earnings per Share (“EPS”) is computed by dividing the profit after tax for the
year by weighted average number of equity shares outstanding during the year.

14. Borrowing Cost

Borrowing cost includes interest, amortization of ancillary costs incurred in connection with the
arrangement of borrowings and exchange differences arising from foreign currency borrowings to
the extent they are regarded as an adjustment to the interest cost. Borrowing costs, if any, directly
attributable to the acquisition, construction or production of an asset that necessarily takes a
substantial period of time to get ready for its intended use or sale are capitalized. All other borrowing
costs are expensed in the period they occur.

15. Cash and Cash Equivalents

Cash and cash equivalents include cash and cheques in hand, bank balances, demand deposits with
banks and other short-term highly liquid investments where the original maturity is three months or
less.

16. Government Grants and Subsidies

The Company is not entitled to any subsidy from government authorities in respect of manufacturing
units located in specified regions: Grants in the nature of subsidy which are nonrefundable are
credited to the Statement of Profit and Loss, on accrual basis, where there is reasonable assurance
that the Company will comply with all the necessary conditions attached to them. Grants in the nature
of subsidy which are refundable are shown as Liabilities in the Balance Sheet.

17. Measurement of EBITDA

The Company has opted to present earnings before interest (finance cost), tax, depreciation and
amortization (EBITDA)as a separate line item on the face of the Statement of Profit and Loss for the
year. The Company measures EBITDA on the basis of profit/ (loss) from continuing operations.

18. Segment Reporting

i) Business Segment

a. The business segment has been considered as the primary segment.

b. The Company's primary business segments are reflected based on principal business
activities, the nature of service, the differing risks and returns, the organization structure and
the internal financial reporting system.

c. The Company's primary business comprises of manufacturing & supply of re-active power
compensation systems, harmonic filters & other engineering goods and since it is the only
reportable segment as envisaged in Accounting Standard 17. 'Segment Reporting'.
Accordingly, no separate disclosure for Segment Reporting to be made in the standalone
financial statements of the Company.

ii) Geographical Segment

A geographical segment is a distinguishable component of an enterprise that is engaged in
providing products or services within a particular economic environment and that is subject to
risks and returns that are different from those of components operating in other economic
environments. The company provides products or services only through single establishment.
Accordingly, no separate disclosure for Segment Reporting to be made in the standalone financial
statements of the Company.

19. The Company has recognized deferred tax arising on account of timing differences, being the
difference between the taxable income and accounting income, that originates in one period and
is capable of reversal in one or more subsequent period(s) in compliance with Accounting
Standard (AS 22) - Accounting for Taxes on income.

20. Disclosure under the Micro, Small and Medium Enterprises Development Act, 2006 are provided
as under for the year 2024-25, to the extent the Company has received intimation from the
“Suppliers” regarding their status under the Act.

(i) Principal amount and the interest due thereon remaining unpaid to each supplier at the end
of each accounting year (but within due date as per the MSMED Act) Principal amount due to
micro and small enterprise- Nil (PY 0.31 lakhs) and Interest due on above- Nil.

(ii) Interest paid by the Company in terms of Section 16 of the Micro, Small and Medium
Enterprises Development Act, 2006, along-with the amount of the payment made to the
supplier beyond the appointed day during the period - Nil

(iii) Interest due and payable for the period of delay in making payment (which have been paid
but beyond the appointed day during the period) but without adding interest specified under
the Micro, Small and Medium Enterprises Act, 2006 - Nil

(iv) The amount of interest accrued and remaining unpaid at the end of each accounting year -
Nil

(v) Interest remaining due and payable even in the succeeding years, until such date when the
interest dues as above are actually paid to the small enterprises - Nil

Dues to Micro and Small Enterprises have been determined to the extent such parties have been
identified on the basis of information collected by the Management. This has been relied upon
by the auditors.

21. Previous year's figures have been regrouped / reclassified wherever necessary to correspond
with current year's classification.

Note : This company is not a subsidiary of any other company and hence, the necessity of giving the
details of Holding Company's share does not arise here

B) The Company has a single class of equity shares which are having par value of Rs. 10/- per
equity share. The shares issued, subscribed and paid-up rank Pari passu with reference to all rights,
preference and restriction relating thereto. Each Holder of equity shareholders is entitled to one
vote per share. In the event of liquidation of the Company the holders of the equity shares are will
be entitled to receive the residual assets of the Company. The distribution will be in a proportion to
the number of equity shares held by the shareholders.

31) Contingent Liabilities and commitments (to the extent not provided for)

(i) Contingent Liabilities:

(a) Claims against the company not acknowledged as debt: Nil (PY Nil)

(b) Company has not provided any corporate guarantee.

(c) Other Contingent liabilities- Rs. 7.88 lakhs in respect of demand outstanding at TDSCPC (PY Nil)

(ii) Commitments:

(a) Estimated amount of contracts remaining to be executed on capital account and not provided
for: Nil (PY Nil)

(b) Uncalled liability on shares and other investments partly paid: Nil (PY Nil)

32) Debit and Credit balances are subject to confirmation.

33) The company has used the borrowings from banks and financial institutions for the specific purpose for
which it was taken at the balance sheet date.

34) In the opinion of the Board of Directors, the assets other than Property, Plant and Equipment, Intangible
Assets and non-current Investments have value on realization in ordinary course of business at least
equal to the amount at which they are stated except as otherwise stated.

35) The company has not revalued its Property, Plant and Equipment during the current year and previous
year.

36) The company has not granted any loans or advances in the nature of loans to promoters, directors, KMPs
and the related parties as defined under Companies Act, 2013 either severally or jointly with any other
person that are (a) repayable on demand, or (b) without specifying any terms or period of repayment.

37) Earnings per Share (EPS):

The Company has complied with the provisions of AS-20 on Earning per share as notified by the
Companies (Accounting Standards) Rules, 2006. The same has been calculated as follows:

38) Micro, Small and Medium Enterprises Development Act, 2006:-

The Company is in the process of compiling information from its suppliers regarding their status under
the above act and hence disclosure, if any, of the amount unpaid as at the period end together with the
interest paid/payable as required has been to the extent of information available: -

44) Figures have been rounded off to the nearest rupee and those in brackets represent corresponding
figures for the previous year.

45) The company has not incurred any Financial Lease obligation during the current financial year.

46) Additional regulatory information required by Schedule III of Companies Act, 2013:

a) Details of Benami property: No proceedings have been initiated or are pending against the
Company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988
(45 of 1988) and the rules made thereunder.

b) Utilisation of borrowed funds and share premium: 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 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

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. directly or indirectly lend or invest in other persons or entities identified in any manner
whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

b. provide any guarantee, security or the like on behalf of the ultimate beneficiaries

c) Compliance with number of layers of companies: The Company has complied with the number of
layers prescribed under the Companies Act, 2013.

d) Compliance with approved scheme(s) of arrangements: The Company has not entered into any
scheme of arrangement which has an accounting impact on current or previous financial year.

e) The Company has not been declared as a willful defaulter by any bank or financial institution or
government or any government authority.

g) Undisclosed income: There is no income surrendered or disclosed as income during the current or
previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in
the books of account.

h) Corporate Social Responsibility Expenditure:

As per Section 135 of the Companies Act, 2013, a company needs to spend at least 2% of its average
net profit for the immediately preceding three financial years on corporate social responsibility (CSR)
activities.

i) Details of crypto currency or virtual currency: The Company has not traded or invested in crypto
currency or virtual currency during the current or previous year.

j) The figures have been rounded off to the nearest lacs of rupees upto two decimal places. The figure
0.00 wherever stated represents value less than 1000/-.

Notes referred to above form part of the accounts as per our report of even date attached.

For M/s J. N. GUPTA & CO For and on behalf of Board Kore Digital Limited

Chartered Accountants
ICAI Firm Reg. No. 006569C

Sd/- Sd/- Sd/-

CA Keshav Agarwal Ravindra Doshi Chaitanya Doshi

Partner Director Director & CEO

Membership No. 424054 DIN: 02494055 DIN: 09253107

Sd/- Sd/-

Place: Mumbai Purnima Maheshwari Kashmira Doshi

Dated: 05/06/2025 Company Secretary Chief Financial Officer

PAN: BRCPM0877R PAN: ADNPD3334N