Anjani Finance Limited (the 'Company') is a Non Banking Finance Company. The Company was incorporated on April20,1989 and has received a Certificate of Registration from the Reserve Bank of India ('RBI') on January 1, 2002 to commence / carry on the business of Non-Banking Financial Institution without accepting Public Deposits.

2. Related Party Transactions

(i) Related Parties and their Relationship:

Name of Related Party Relationship

Chair Finance & Investments Pvt. Ltd. Associate concern

Chamelidevi Flour Mills Pvt. Ltd. Associate concern

Commander Industries Pvt. Ltd. Enterprise significantly influenced by KMP

Chameli Enterprises Pvt. Ltd. Enterprise significantly influenced by KMP

Mr. Champalal Jangid Key Management Personnel (KMP)

Mr. Ajit Bhavsar Key Management Personnel (KMP)

3. In the opinion of the Board, the Current Assets, Loans and Advances are approximately of the value stated, if realized, in the ordinary course of business. Provision for all known liabilities is adequate and not in excess of the amount reasonably necessary.

4. Details under Provision of clause 4D of part II of schedule VI of the Companies Act, 1956 regarding value of imports expenditure incurred in Foreign Currency, amount of remittance in Foreign Currency on accounts of dividends, export earnings etc. are not given as all information required in the clause are NIL (Previous Year NIL)

5. Previous years have been re-grouped/re-classified wherever necessary to correspond with the current year classification/ disclosure.