(a) Rights, preferences and restrictions attached to shares

The company has one class of equity shares having a par value of Rs.10 per share. Each shareholder is eligible for one vote per share held. 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.

Nature of security:

Secured loans

1 Term loans from HDFC Bank Ltd, ICICI Bank and Chola Mandalam Investment and Finance Company Limited are secured by hypothecation of vehicles.

2 Loan under STAR GECL from Bank of India is secured by Hypothecation of Stock,Book Debts and Plant and Machineries as primary security and Equitable mortgage of factory land (leasehold) and buildings situated at Plot no. 15, Industrial Area No. 2, Pithampur, Dist. Dhar as collateral security, personal guaranteee of Shri Atul Kumar Sethi, Smt. Amita Sethi and Shri Akash Sethi.and guaranteed by National Credit Gurantee Trustee Company (NCGTC).

*Working Capital Limit from Bank of India repayable on demand is secured by Hypothecation of Stock,Book Debts and Plant and Machineries as primary security and Equitable mortgage of factory land (leasehold) and buildings situated at Plot no. 15, Industrial Area No. 2, Pithampur, Dist. Dhar as collateral security, pledge of 128965 shares of the Company M/s Shree Pacetronix Limited in the name of Mr. Atul Sethi, personal guaranteee of Shri Atul Kumar Sethi, Smt. Amita Sethi and Shri Akash Sethi.

** It includes loan from Bank of India (GECL), ICICI Bank, Chola Mandalam Investment and Finance Company Limited and HDFC Bank Ltd to be repayable within a period of one year. Disclosures relating to nature of security and terms of repayment are same as provided in long term borrowings.

MSME Clasification is done as per memorandum received (as required to be filed by the supplier with notified authority under the Micro, Small and Medium Enterprises development Act, 2006) claiming their status as on 31st March, 2024 as micro, small or medium enterprises. Consequently the amount payable to these parties is mentioned as above.

34 Segment reporting A. Primary segment

As the company's business activity falls with in a single primary business segment i.e. “Life Saving Devices' hence there is no primary segments wise information to report as per Ind -108 " Segment Reporting".

35 FINANCIAL RISK MANAGEMENT Credit risk:

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations. Credit risk primarily relates to trade and other receivables, long-term loans, cash and cash equivalents.

The Company's exposure to credit risk with regards to trade and other receivables is influenced mainly by the individual characteristics of each customer and there is no significant concentration of risk related to industry segments. The granting of credit is controlled by well-established criteria that are reviewed on a regular basis. The maximum exposure to credit risk at the reporting date is the carrying amount of each trade receivable.

The credit policy requires each new customer to be analyzed individually for credit worthiness before delivery and payment terms are offered.

Other receivables consist primarily of security deposits, loans to employees and other receivables. The risk of default is assessed as low.

The credit risk surrounding loans receivable is assessed as low risk.

Credit risk on cash and cash equivalents is assessed as low risk as the Company deposits cash surpluses with financial institutions of high quality and standing.

Liquidity Risk

The Company actively monitors its cash flows to ensure there is sufficient cash available to meet its working capital requirements. Due to the dynamic nature of the underlying businesses, the Company maintains flexibility in funding by maintaining availability under committed credit lines. Management monitors rolling forecasts of the Company's cash and cash equivalents on the basis of expected cash flow.

Most of the Company's current trade and other payables are due within one year.

Interest Rate Risk

The Company is exposed to interest rate risk on its cash and cash equivalents, long-term loans and borrowings, which can have an impact on the cash flows of these instruments. The exposure to interest rate risk is managed through the Company's Board by using counterparties that offers the best rates which enables the Company to maximize returns whilst minimizing risk.

36 Additional Regulatory Information

II The company is not Banking Company or a Non-Banking Finance Company or a Nidhi Company or Chit Fund Company or a Financial Institution or a company on which any of the directives issued by the Reserve Bank of India are applicable.

III Regrouping of previous year figures

Previous year figures have been regrouped or reclassified where ever required.

IV Title deeds of immovable Property not held in name of the Company

All title deeds of immovable property are in name of the company.

V Where the Company has revalued its Property, Plant and Equipment, the company shall disclose as to whether the revaluation is based on the valuation by a registered valuer as defined under rule 2 of the Companies (Registered Valuers and Valuation) Rules, 2017

The Company has not revalued its Property, Plant and Equipment during the year.

VI Where Loans or Advances in the nature of loans are granted to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person, that are:

The company has not granted loans or advances in the nature of loan to promoters, directors, KMPs or the related parties.

VII Capital Work In Progress (CWIP)

There is no capital work in progess (CWIP).

VIII Intangible assets under development

There are no intangible assets under development.

IX Details of Benami Property held

The company does not held any benami property and no procedings have been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made there under.

X Where the Company has borrowings from banks or financial institutions on the basis of current assets.

The quartely returns of current assets filed by the company with the bank are in agreement with figures as appearing in books of accounts and no material descrepancies were noticed.

36 Additional Regulatory Information

XI Wilful Defaulter

The company is neither wilful defaulter nor declared wilful defaulter by any bank or financial institution or other lender.

XII Relationship with Struck off Companies

The company has no relationship with struck off Companies.

XIII Registration of charges or satisfaction with Registrar of Companies

There is not pending any registration of charge or satisfaction with Registrar of Companies.

XIV Compliance with number of layers of companies

The company has complied with prescribed layers of companies as per Companies Act, 2013.

XV Compliance with approved Scheme(s) of Arrangements

There is no scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

XVI Utilisation of Borrowed funds and share premium

The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of 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 :

- 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;

- Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.