(h) Provisions and Contingent Liabilities:

The Company estimates the provisions that have present
obligations as a result of past events and it is probable
that outflow of resources will be required to settle the
obligations. These provisions are reviewed at the end
of each reporting period and are adjusted to reflect the
current best estimates. The Company uses significant
judgements to assess contingent liabilities. Contingent
liabilities are recognised 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 the obligation or a reliable estimate of the
amount cannot be made. Contingent assets are neither
recognised nor disclosed in the standalone financial
statements.

(i) Expenditure:

Expenses are accounted on accrual basis.

(j) Employee benefits

Employee benefits include contribution to provident
fund, superannuation fund, gratuity fund, compensated
absences, pension and employee state insurance scheme.

Short Term Employee Benefits

Short term employee benefits including salaries and
performance incentives, are charged to standalone
statement of profit and loss on an undiscounted, accrual
basis during the period of employment.

Defined Benefit Plans

Gratuity and Pension are defined benefit plans, the cost of
providing benefits is determined using the Projected Unit
Credit Method, with actuarial valuations, being carried
out at the date of each statement of financial position.
The retirement benefit obligations recognised in the
statement of financial position represents the present
value of the defined obligations reduced by the fair value
of scheme assets. Any, asset resulting from this calculation
is limited to the present value of available refunds and
reductions in future contributions to the scheme. Under
a defined benefit plan, it is the Company's obligation to
provide agreed benefits to the employees. The related
actuarial and investment risks fall on the Company.

Defined Contribution Plans

Contributions to defined contribution plans like
provident fund and superannuation, funds are recognised
as expense when employees have rendered services
entitling them to such benefits.

Compensated absences

Compensated absences which are expected to occur
within twelve months after the end of the period in
which the employee renders the related services are
stated as undiscounted liability at the balance sheet date.
Compensated absences which are not expected to occur
within twelve months after the end of the period in which
the employee renders the related services are stated as an
actuarially determined liability at the present value of the
defined benefit obligation at the balance sheet date.

(k) Income Taxes:

Income tax expense for the year comprises of current
tax and deferred tax. It is recognised in the Statement of
Profit and Loss except to the extent it relates to a business
combination or to an item which is recognised directly in
equity or in other comprehensive income.

Current tax is the expected tax payable/ receivable on
the taxable income/ loss for the year using applicable
tax rates for the relevant period, and any adjustment
to taxes in respect of previous years. Interest expenses
and penalties, if any, related to income tax are included
in finance cost and other expenses respectively. Interest
Income, if any, related to Income tax is included in Other
Income.

Deferred tax is recognised in respect of temporary
differences between the carrying amount of assets
and liabilities for financial reporting purposes and the
corresponding amounts used for taxation purposes.

A deferred tax liability is recognised based on the
expected manner of realisation or settlement of the

the shareholders. A corresponding amount is recognised
directly in equity.

(p) Segment Reporting

Operating segments are reported in a manner consistent
with the internal reporting provided to the chief operating
decision maker. The Board of directors monitors the
operating results of all product segments separately
for the purpose of making decisions about resource
allocation and performance assessment. Segment
performance is evaluated based on profit and loss and is
measured consistently with profit and loss in the financial
statements.

The operating segments have been identified on the
basis of the nature of products/services. Further:

1. Segment revenue includes sales and other income
directly identifiable with / allocable to the segment
including inter - segment revenue.

2. Expenses that are directly identifiable with / allocable
to segments are considered for determining the
segment result. Expenses which relate to the
Company as a whole and not allocable to segments
are included under unallocable expenditure.

3. Income which relates to the Company as a whole and
not allocable to segments is included in unallocable
income.

4. Segment results includes margins on intersegment
sales which are reduced in arriving at the profit
before tax of the Company.

5. Segment assets and liabilities include those
directly identifiable with the respective segments.
Unallocable assets and liabilities represent the assets
and liabilities that relate to the Company as a whole
and not allocable to any segment.

6. Segment revenue resulting from transactions with
other business segments is accounted on the basis
of transfer price agreed between the segments.
Such transfer prices are either determined to yield a
desired margin or agreed on a negotiated business.

(q) Fair Value Measurement

The Company measures financial instruments at fair value
at each balance sheet date.

Fair value is the price that would be received to sell an asset
or paid to transfer a liability in an ordinary 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 either:

(i) In the principal market for asset or liability, or

(ii) In the absence of a principal market, in the most

advantageous market for the asset or liability.

The principal or the most advantageous market must be
accessible by the Company.

The fair value of an asset or liability is measured using
the assumptions that market participants would use
when pricing the asset or liability, assuming that market
participants act in their economic best interest.

A fair value measurement of a non- financial asset takes
into account a market participant's ability to generate
economic benefits by using the asset in its highest and
best use or by selling it to another market participant that
would use the asset in its highest and best use.

The Company uses valuation techniques that are
appropriate in the circumstances and for which sufficient
data are available to measure fair value, maximising 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, described as follows, based
on the lowest level input that is significant to the fair value
measurement as a whole:

Level 1- Quoted(unadjusted) market prices in active
markets for identical assets or liabilities

Level 2- Valuation techniques for which the lowest

level input that is significant to the fa ir
value measurement is directly or indirectly
observable

Level 3- Valuation techniques for which the lowest

level input that is significant to the fair value
measurement is unobservable

For assets and liabilities that are recognized 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
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 as
explained above.

(iv) Aggregate value of Issued, Subscribed and Paid-up Share Capital as on the Balance Sheet date for the period of
preceding five years includes:

During the current year and preceding five years, no shares were issued by the Company.

(v) Terms and rights attached to equity shares

The Company has one class of equity shares having a par value of Rs 2 per share. Each shareholder is eligible for
one vote per share held. The dividend proposed , if any, by the Board of Directors is subject to the approval of the
shareholders in the ensuing Annual General Meeting, except in case of interim dividend. 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.

(vi) The Company's objective for capital management is to maximise shareholder value, safeguard business continuity and
support the growth of the Company. The Company determines the capital requirement based on annual operating
plans and long-term and other strategic investment plans. The funding requirements are met through equity and
operating cash flows generated. The Company is not subject to any externally imposed capital requirements.

(vii) As per the records of the Company, including its register of shareholders / members and other declaration received from
shareholders regarding beneficial interest, the above shareholding represents both legal and beneficial ownership of
shares.

(viii) The Company has not alloted any bonus share or brought back any share during the current year or a period of 5 years
immediately preciding the balance sheet date.

a) General Reserve : General reserve is created out of transfer from retained earnings and is a free reserve.General
reserve represents the statutory reserve, this is in accordance with Indian Corporate law wherein a portion of profit is
apportioned to general reserve. Under Companies Act, 1956 it was mandatory to transfer amount before a company can
declare dividend, however under Companies Act, 2013 transfer of any amount to General reserve is at the discretion of
the Company.

b) Securities Premium Account : Securities premium is used to record the premium on issue of shares. The reserve can be
utilised only for limited purposes such as issuance of bonus shares in accordance with the provisions of the Companies
Act, 2013.

c) Retained earning : Retained Earnings are profits that the Company has earned till date less transfer to General Reserve,
dividend or other distribution or transaction with shareholders.

26. EMPLOYEE BENEFITS

Disclosures pursuant to Ind AS - 19 "Employee Benefits" (notified under the section 133 of the Companies Act 2013 (the Act)
read with Companies (Indian Accounting Standards) Rule 2015 (as amended from time to time) and other relevant provision
of the Act) are given below:

Defined Contribution Plans

The Company has certain defined contribution plans. Contributions are made to provident fund, and employee's state
insurance scheme for employees as per regulations. The contributions are made to registered funds administered by the
government. The obligation of the Company is limited to the amount contributed and it has no further contractual or any
constructive obligation.

Defined Benefit Plans:

For defined benefit plans, the cost of providing benefits is determined using the Projected Unit Credit Method, with actuarial
valuations being carried out at each balance sheet date. Remeasurement, comprising actuarial gains and losses, is reflected
immediately in the balance sheet with a charge or credit recognised in other comprehensive income in the period in which
they occur. Past service cost, both vested and unvested, is recognised as an expense at the earlier of (a) when the plan
amendment or curtailment occurs; and (b) when the entity recognises related restructuring costs or termination benefits.

The retirement benefit obligations recognised in the balance sheet represents the present value of the defined benefit
obligations. Any asset resulting from this calculation is limited to the present value of available refunds and reductions in
future contributions to the scheme.

The Company provides benefits such as gratuity, pension and provident fund (Company managed fund) to its employees
which are treated as defined benefit plans.

The gratuity plan provides for a lump sum payment to vested employees at retirement, death while in employment or on
termination of employment of an amount equivalent to 15 days basic salary payable for each completed year of service.
Vesting occurs upon completion of five continuous years of service. The gratuity fund is managed by third party fund.

Short-term employee benefits

All employee benefits payable wholly within twelve months of rendering the service are classified as short-term employee
benefits. Benefits such as salaries, wages etc. and the expected cost of ex-gratia are recognised in the period in which the
employee renders the related service. A liability is recognised for the amount expected to be paid when there is 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.

Compensated absences

Compensated absences which are expected to occur within twelve months after the end of the period in which the employee
renders the related services are recognised as undiscounted liability at the balance sheet date. Compensated absences which
are not expected to occur within twelve months after the end of the period in which the employee renders the related
services are recognised as an actuarially determined liability at the present value of the defined benefit obligations at the
balance sheet date using the Projected Unit Credit Method.

The following table sets out the funded status of the defined benefit schemes and the amount recognised in the financial
statements:

The sensitivity analysis above have been determined based on a method that extrapolates the impact on defined benefit
obligation as a result of reasonable changes in an assumptions occurring at the end of the reporting period while holding all
other assumption constraint. In practice it is unlikely to occur and change in some of the assumption may be correlated. When
calculating the sensitivity of the defined benefit obligation to significant actuarial assumptions the same method (present
value of the defined benefit obligation calculated with the projected unit credit method at the end of the reporting period) has
been applied as when calculating the defined benefit liability recognised in the balance sheet. Sensitivities due to mortality &
withdrawals are not material & hence impact of change due to these not calculated.

The methods and types of assumptions used in preparing the sensitivity analysis did not change compared to the prior period.
Sensitivities as rate of increase of pensions in payment, rate of increase of pensions before retirement & life expectancy are not
applicable.

Notes:

a) The current service cost recognised as an expense is included in Note 21 'Employee benefits expense' as gratuity. The
remeasurement of the net defined benefit liability is included in other comprehensive income.

b) The estimates of rate of escalation in salary considered in actuarial valuation, take into account inflation, seniority,
promotion and other relevant factors including supply and demand in the employment market. The above information is
certified by the Actuary.

Significant actuarial assumptions for the determination of the defined obligation are discount rate, expected salary
increase and mortality. The sensitivity analysis above have been determined based on reasonably possible changes of the
respective assumptions occurring at the end of the reporting period, while holding all other assumptions constant.

c) The obligation for leave benefits (non funded) is also recognised using the Projected Unit Credit Method and accordingly
the long term paid absences have been valued. The leave encashment expense is included in Note 21 'Employee benefits
expense'.

27. RELATED PARTY TRANSACTIONS

The related parties as per the terms of Ind AS-24,"Related Party Disclosures", ( under the section 133 of the Companies Act 2013 (the
Act) read with Companies (Indian Accounting Standards) Rules 2015 (as amended from time to time), as disclosed below:-

Note:-

1. The All Related Party Transactions entered during the year were in ordinary course of the business and on arm's length basis.

2. No guarantees were provided or received for any related party receivables or payables except for the one given for security. For the
year ended March 31, 2025, the Company has not recorded any impairment of receivables relating to amounts owed by related
parties. This assessment is undertaken each financial year through examining the financial position of the related party and the
market in which the related party operates.

3. The remuneration of directors and key executives is determined by the remuneration committee having regard to the performance
of individuals and market trends.

The above figures do not include provisions for encashable leave, gratuity and premium paid for group health insurance, as separate
actuarial valuation / premium paid are not available

28. SEGMENT REPORTING

The Managing Director of the Company has been identified as the Chief Operating Decision Maker (CODM) as defined by Ind
AS 108 - operating segments. The CODM evaluates the Company's performance and allocates resources based on an analysis of
various performance indicators by industry classes. The Company has identified business segments as its primary segment. Business
segments are primarily Audio -Visual Production and Leasing. Each segment item reported is measured at the measure used to
report to CODM for the purposes of making decisions about allocating resources to the segment and assessing its performance.
Revenues and expenses directly attributable to segments are reported under each reportable segment. All other expenses which
are not attributable or allocable to segments have been disclosed as unallocable expenses. Assets and liabilities that are directly
attributable or allocable to segments are disclosed under each reportable segment. All other assets and liabilities are disclosed as
unallocable. Property, plant & equipment that are used interchangeably amongst segments are not allocated to primary segment.

Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities

Level 2 - Inputs are other than quoted prices included within Level 1 that are observable for the asset or liability, either
directly (i.e. as prices) or indirectly (i.e. derived from prices).

Level 3 - Inputs are not based on observable market data (unobservable inputs). Fair values are determined in whole or in
part using a valuation model based on assumptions that are neither supported by prices from observable current
market transactions in the same instrument nor are they based on available market data.

The investments included in Level 2 of fair value hierarchy have been valued using quotes available for similar assets and
liabilities in the active market. The investments included in Level 3 of fair value hierarchy have been valued using the cost
approach to arrive at their fair value. The cost of unquoted investments approximate the fair value because there is a range of
possible fair value measurements and the cost represents estimate of fair value within that range.

The following table provides the fair value measurement hierarchy of the Company's assets and liabilities.

Quantative disclosures of fair value measurement hierarchy for assets and liabilities as at 31 March 2025.

The carrying value of current trade receivables, cash and cash equivalents, current loans, trade payables and other financial
assets and liabilities are considered to be the same as their fair values due to their short term nature.

d) Financial Risk Management Objectives and Policies

The Company is exposed primarily to fluctuations in credit, liquidity, interest rate risk and market risks, which may adversely
impact the fair value of its financial instruments. The Company has a risk management policy which covers risks associated with
the financial assets and financial liabilities. The risk management policy is approved by the Board of Directors. The focus of risk
management committee is to assess the unpredictability of the financial environment and to mitigate potential adverse effects
on the financial performance of the Company.

Credit risk management

Credit risk is the risk of financial loss arising from counterparty failure to repay or service debt according to the contractual
terms or obligations. Credit risk encompasses of both, the direct risk of default and the risk of deterioration of creditworthiness
as well as concentration of risks. Credit risk is controlled by analysing credit limits and creditworthiness of customers on a
continuous basis to whom the credit has been granted after obtaining necessary approvals for credit. Refer note 4 for methods,
assumptions and information used to measure expected credit losses.

Financial instruments that are subject to credit risk consist of trade receivables, loans, investments, cash and cash equivalents,
bank deposits and other financial assets.

Liquidity Risk Management

Liquidity risk refers to the risk that the Company cannot meet its financial obligations. The objective of liquidity risk
management is to maintain sufficient liquidity and ensure that funds are available for use as per requirements. The
Company consistently generated sufficient cash flows from operations to meet its financial obligations including lease
liabilities as and when they fall due.

The tables below analyse the company's financial liabilities into relevant maturity grouping based on their contractual
maturities.

iv. 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. Such changes in the values of financial instruments may result from changes in the foreign currency
exchange rates, interest rates, credit, liquidity and other market changes. The Company's exposure to market risk is
primarily on account of foreign currency exchange rate risk.

> Foreign Currency Risk Exposure:

The fluctuation in foreign currency exchange rates may have potential impact on the statement of profit and loss and
other comprehensive income and equity, where any transaction references more than one currency or where assets /
liabilities are denominated in a currency other than the functional currency of the Company. Considering the countries
and economic environment in which the Company operates, its operations are subject to risks arising from fluctuations in
exchange rates in those countries.

The Company does not have any exposure to foreign currency risk as at March 31,2025 (Previous year Nil).

> Interest Rate Risk

The Company's investments are primarily in fixed rate interest bearing fixed deposits with banks. Hence the Company is
not significantly exposed to interest rate risk.

> Other Price Risk

The Company is exposed to equity price risks arising from equity investments. The Company's equity investments are held
for strategic rather than trading purposes.

> Equity Price Sensitivity Analysis

The sensitivity analysis below has been determined based on the exposure to equity price risks at the end of the reporting
period.

31. The Indian Parliament has approved the Code on Social Security, 2020 which would impact the contributions by the company
towards Provident Fund and Gratuity. The Ministry of Labour and Employment had released draft rules for the Code on Social
Security, 2020 on November 13, 2020. The Company will assess the impact and its evaluation once the subject rules are notified.
The Company will give appropriate impact in its financial statements in the period in which, the Code becomes effective and
the related rules to determine the financial impact are published.

33. Previous year's figures have been regrouped/reclassified to be comparable with currents year's classification/disclosures.

34. Note No. 1 to 33 form an integral part of these financial statements.

For Joy Mukherjee & Associates For and on the behalf of Board of Directors

Chartered Accountants

ICAI Firm Registration No. 006792C

CA J. Mukherjee Anuradha Prasad Shukla Sudhir Shukla

Partner Chairperson and Managing Director Director

Membership Number 074602 DIN: 00010716 DIN : 01567595

Place : Noida Ajay Jain Ajay Mishra

Date : May 28, 2025 Chief Financial Officer Company Secretary