Provisions for legal claims, service warranties, volume discounts and returns are recognized
when the Company has a present legal or constructive obligation as a result of past events,
it is probable that an outflow of resources will be required to settle the obligation and the
amount can be reliably estimated. Provisions are not recognized for future operating losses.

Where there are a number of similar obligations, the likelihood that an outflow will be
required in settlement is determined by considering the class of obligations as a whole. A
provision is recognized even if the likelihood of an outflow with respect to any one item
included in the same class of obligations may be small.

Provisions are measured at the present value of managements best estimates of the
expenditure incurred to settle the present obligation at the end of the reporting period. The

discount rate used to determine the present value is a pre-tax rate that reflects current
market assessments of the time value of money and the risks specific to the liability.

The increase in the provision due to the passage of time is recognized as interest expense.

iii) Current and non-current classification:

i. The assets and liabilities in the Balance Sheet are based on current/ non - current
classification. An asset as current when it is:

• Expected to be realised or intended to be sold or consumed in normal operating
cycle

• Held primarily for the purpose of trading

• Expected to be realised within twelve months after the reporting period, or

• Cash or cash equivalents unless restricted from being exchanged or used to settle a
liability for at least twelve months after the reporting period

All other assets are classified as non - current.

ii. A liability is current when:

• Expected to be settled in normal operating cycle

• Held primarily for the purpose of trading

• Due to be settled within twelve months after the reporting period, or

• There is no unconditional right to defer the settlement of the liability for at least
twelve months after the reporting period

All other liabilities are treated as non - current.

Deferred tax assets and liabilities are classified as non - current assets and liabilities.

iv) Trade receivables

Trade receivables are recognized initially at fair value and subsequently measured at
amortized cost using the effective interest method, less provision for impairment.

Trade Receivables have been taken at fair value subject to confirmation and reconciliation.

v) Trade payables

These amounts represent liabilities for goods and services provided to the Company prior to
the end of financial year which are unpaid. The amounts are unsecured and are usually
paid as per the agreed terms. Trade and other payables are presented as current liabilities
unless payment is not due within 12 months after the reporting period.

They are recognized initially at their fair value and subsequently measured at amortized
cost using the effective interest method

8. There are no contingent liabilities as on the balance sheet date.

9. There are no charges or satisfaction of charge pending to be registered with Registrar of
Companies beyond the statutory period, as applicable.

10. The company has not been declared wilful defaulter by any bank or financial institution
or other lender during the year.

11. The company does not hold any Benami00 property and no proceeding have been
initiated or pending against the company in such respect.

12. The company has not entered into any transactions with struck off companies.

13. The company has not traded or invested in Crypto currency or Virtual Currency during
the year.

14. The company has made detailed assessment of its liquidity position and of the
recoverability and carrying value of its assets as on the balance sheet date and has
concluded that no material adjustments are required to be made in financial
statements.

15. In the opinion of the management all the assets of the company have a value on
realization in the ordinary course of business, at least equal to the amount at which
they are stated in the financial statements.

16. Previous year figures have been regrouped/rearranged wherever necessary.

17. Whenever the balance confirmation is not available from the parties, the balance as
appearing in the books of accounts have been considered.

In terms of our Report attached of even date

BAS & CO LLP For and on behalf of Board of Directors

Chartered Accountants
FRN: 323347E/E300008

Sd/- Sd/- Sd/-

(CA Ritika Agarwal) Gaurav Kumar Monu

Designated Partner Whole Time Director Director

M. No. 527731 DIN: 01159468 DIN: 09766250

Place: New Delhi
Date: - 13/05/2025

UDIN: - 25527731BMIARK6232 Sd/- Sd/-

Divya Ajay Bhadri

Company Secretary Chief Financial Officer

M. No. A56206