k) Provision for liabilities and charges, Contingent liabilities and contingent
assets

The assessments undertaken in recognizing provisions and contingencies have
been made in accordance with the applicable Ind AS.

l) Earnings per share

The Company presents basic and diluted earnings per share ("EPS”) data for its
equity shares. Basic EPS is calculated by dividing the profit and loss attributable
to equity shareholders of the Company by the weighted average number of equity
shares outstanding during the period. Diluted EPS is determined by adjusting the
profit and loss attributable to equity shareholders and the weighted average
number of equity shares outstanding for the effects of all dilutive potential equity
shares.

m) Cash Flow Statement

Cash flows are reported using indirect method as set out in Ind AS -7 "Statement
of Cash Flows”, whereby profit / (loss) before tax is adjusted for the effects of
transactions of non-cash nature and any deferrals or accruals of past or future
cash receipts or payments. The cash flows from operating, investing and
financing activities of the Company are segregated based on the available
information.

b) Terms / Rights attached to Ordinary Equity Shares

The Company has only one class of Equity Shares having par value of Rs. 1/- per share. Each holder of Equity Shares is entitled to one
vote per share. The Company declares and pays dividend in Indian Rupees. The dividend proposed by Board of Directors is subject to
approval of the shareholders in the ensuing Annual General Meeting.

c) 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 Share held by Shareholders.

25 Contingent Liabilities and Contingent Assets

The Company does not have any amount acknowledged as debts against claims / disputes / demand or any as contingent liabilities / contingent assets.

26 The Company does not have any specific credit policy and the terms and conditions with parties depends on negotiated terms.

27 The Company does not have any pending litigation which may affect the financial statement and going concern status of the company.

Management has the view, it is pertinent to that as per the Binding Resolution Plan approved by the Honourable NCLT Kolkata, all the pending demands before the respective
tax authorities will become Nil by the virtue of para 1 to 4 of page 44 of the Binding Resolution Plan dated 09.05.2019

28 On the basis of physical verification of assets and cash generation capacity of those assets, in the management perception, there is no impairment of assets as on 31st March
2025.

29 The Company is mainly engaged in the business of manufacturing of Transformers, Dealing in other Allied Electrical Products and Warehouse Rental Income. During the year,
risks and returns of the enterprise will therefore continue to be associated with business of manufacturing of Transformers. Necessary segment information with respect to
business of Transformers are as follows:

The business segment has been considered as primary segment for reporting segment information.

32 Balance Confirmation

Outstanding balances of Trade Receivables, Trade payables, Loans and Advancces are subject to confirmation from the respective parties and consequential adjustments
arising from reconciliation, if any. The management, however, is of the vew that there will be no material discepancies in this regard.

33 Employee Benefits

a) Defined Benefit Plans

The Company has defined contribution plans in the form of Provident Fund, EDLI, ESIC and Labour Welfare Fund and the contributions are charged to the Profit & Loss
Account for the year as and when the contributions to respective funds are due. There are no other obligations other than contribution payable to these respective funds.

b) In respect of liability towards gratuity and any other retirement benefits, are accounted for as and when the liability for payment arises.

b) The management assessed that the fair values of cash and cash equivalents, trade receivables, trade payables, short term borrowings, and other financial liabilities approximates their
carrying amounts largely due to the short-term maturities of these instruments.

c) For Financial assets and liabilities that are measured at fair value, the carrying amounts are equal to their fair values.

d) The fair value of the financial assets and financial liabilities is included at the amount at which the instruments could be exchanged in a current transaction between willing parties, other
than in a forced or liquidation sale.

e) The following methods and assumptions were used to estimate the fair values:

The fair values for loans, security deposits were calculated based on cash flows discounted using a current lending rate. They are classified as Level 3 fair values in the fair value hierarchy
due to the inclusion of unobservable inputs including counterparty credit risks, which has been assessed to be insignificant.

37 Fair Value Hierarchy

The following are the judgements and estimates made in determining the fair values of the financial instruments that are (a) recognized and measured at fair value and (b) measured at
amortized cost and for which fair value are disclosed in the financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the company has
classified its financial instruments into the three levels of fair value measurement as prescribed under the Ind AS 113 "Fair Value Measurement". An explanation of each level follows
underneath the tables.

c) Duringthe year ended March 31, 2025 and March 31, 2024, there were no transfers between Level land Level 2 fairvalue measurements, and no transfer into and out of Level 3 fair value
measurements.

d) Explanation to the fair value hierarchy

The Company measures financial instruments, such as, quoted investments at fair value at each reporting date. Fair value is the price that would be received to sell an asset or paid to
transfer a liability in an orderly transaction between market participants at the measurement date. All assets and liabilities for which fair value is measured or disclosed in the financial
statements are categorised within the fair value hierarchy as described in Note No. 3.

38 Financial Risk Management

The Company's activity exposes it to various risk such as market risk, liquidity risk and credit risks. This section explains the risks which the Company is exposed to and how it manages the
risks.

A) Market Risk

Market risk is the risk that changes in market prices, such as foreign exchange risk rates, interest rates and equity prices which will affect the Company's income or the value of its
holdings of financial instruments. The objective of market risk management is to manage and control market risk exposures within acceptable parameters, while optimising the
retum. The Company's main business activity financial consulting has no or limited entry barrier. Entry of Banks and large consulting firms has increased competition.

i) 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 is exposed to
interest rate risk on financial liabilities such as long-term borrowings.

The Company is also exposed to interest rate risk on its financial assets that include fixed deposits.

ii) Price Risk

The Company's exposure to equity securities price risk arises from investments held by the Company and classified in the Balance Sheet as fair value through Profit or Loss. The
majority of the Company's equity investments are publicly traded.

B) Liquidity Risk

The Company determines its liquidity requirements in the short, medium and long term. This is done by drawing up cash forecast for short and medium term requirements The
Company manages its liquidity risk in a manner so as to meet its normal financial obligations without any significant delay or stress. Such risk is managed through ensuring
operational cash flow while at the same time maintaining adequate cash and cash equivalents position. This is generally carried out in accordance with practice and limits set by the
Company

i) Maturity Analysis

The Company's financial liabilities into relevant maturity groupings based on their contractual maturities for all non-derivative financial liabilities and net settled derivative financial
instruments. The amounts disclosed in the table are the contractual undiscounted cash flows. Balances due within 12 months equal their carrying balances as the impact of
discounting is not significant.