Notes to Accounts of Adjia Technologies Ltd.

Mar 31, 2026

(a) Rights, Preferences and Restrictions attached to equity shares :

(b)

- The equity shares are not repayable except in the case of a buy back, reduction of capital or winding up in terms of the provisions of the Companies Act, 2013.

- Every member of the company holding equity shares has a right to attend the General Meeting of the Company and has a right to speak and on a show of hands, has one vote if he is present in person and on a poll shall have the right to vote in proportion to his share of the paid-up capital of the company.

21 SEGMENT REPORTING

The Company is exclusively engaged in the AMC business of Servicing of IT Components.This in the context of Accounting Standard (AS17) "SegmentReporting",notified under the Companies (Accounting Standards) Rules_/2006_/constitutes one single primary segment.

The Company does not have a secondary segment. Accordingly, disclosures required under AS 17 is not applicable.

22	Contingent Liabilities & Commitments		(f In Lakhs)
		As at	As at
	Particulars	March 31, 2026	March 31, 2025
		f	f
	I. Contingent Liabilities (a) claims against the company not acknowledged as debt;*	-	-
	(b) guarantees excluding financial guarantees; and	-	-
	(c) other money for which the company is contingently liable.	-	-
	II. Commitments-
	(a) estimated amount of contracts remaining to be executed on capital account and not provided for
	(b) uncalled liability on shares and other investments partly paid	-	-
	(c) other commitments	-	-
23	Dues of small enterprises and micro enterprises		(f In Lakhs)
		As at	As at
	Particulars	March 31, 2026	March 31, 2025
		f	f
	(a) Dues remaining unpaid to any supplier at the end of each accounting year
	-Principal	-	-
	-Interest on the above	-	-
	(b) the amount of interest paid by the buyer in terms of section 16 of the Micro, Small and	-	-
	Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year;
	(c) the amount of interest due and payable for the period of delay in making payment (which
	have been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act, 2006;
	(d) the amount of further interest remaining due and payable even in the succeeding years,
	until such date when the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.
	Note : Based on the information available with the Company, there are no dues to Small and Micro enterprises as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006. The information regarding Micro and Small enterprises has been determined
	to the extent such parties have been identified on the basis of information available with the Com	pany.

24 Additional Regulatory Information as per Para Y of Schedule III to Companies Act, 2013:

i. The Company does not have any immovable property (other than properties where the Company is the lessee and the lease agreements are duly executed in favour of the lessee) whose title deeds are not held in the name of the company.

ii. The Company has not revalued its Property, Plant and Equipment.

iii. The Company has not granted 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:

(a) repayable on demand or

vii. The Company does not have borrowings from banks or financial institutions on the basis of security of current assets and quarterly returns or statements of current assets are not required to filed by the Company with banks or financial institutions.

viii. The company is not declared as wilful defaulter by any bank or financial institution or other lender.

ix. The company does not have any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956

x. There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

xi. The company does not have any investments and hence, compliance with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017 is not applicable.

Reasons for Variation more than 25% :

(a) Current Ratio : The current ratio increased from 9.22 to 14.14 mainly due to reduction in current liabilities, particularly other current liabilities and trade payables, during the year, resulting in improvement in the liquidity position of the Company.

(b) Debt-Equity Ratio : The debt-equity ratio increased marginally from 0.02 to 0.03 primarily due to reduction in shareholders'' funds on account of losses incurred during the year.

(c) Return on Equity Ratio : The return on equity ratio declined from 2.39% to negative 5.68% mainly due to loss incurred during the current year as against profit earned in the previous year.

(d) Trade Receivables turnover ratio : The trade receivables turnover ratio decreased significantly due to absence of revenue from operations during the current year as compared to revenue generated in the previous year.

(e) Trade payables turnover ratio : The trade payables turnover ratio decreased from 17.62 to 4.18 mainly due to lower operating activities and reduction in purchases / expenses during the year.

(f) Net capital turnover ratio : The net capital turnover ratio declined due to nil revenue from operations during the current year as compared to the previous year.

(g) Net profit ratio : The net profit ratio became non-applicable / declined substantially due to absence of operational revenue and losses incurred during the current year.

(h) Return on Capital employed : The return on capital employed declined from negative 5.07% to negative 11.53% mainly due to increase in operating losses during the current year.

xiii. The Company does not have any scheme of arrangements which has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

xiv. A. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other persons or entities, 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 ("Ultimate Beneficiaries") by or on behalf of the Company or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

B. No funds have been received by the Company from any persons or entities, including foreign entities ("Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever ("Ultimate Beneficiaries") by or on behalf of the Funding Parties or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

xv. The Company does not have undisclosed income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961)

xvi. The Company has neither traded nor invested in Crypto currency or Virtual Currency during the financial year.

25 Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current period''s classification / disclosure.

Signatures to Notes forming part of Financial Statements

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Mar 31, 2025

2.05 PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

Provision involving substantial degree of estimation in measurement is recognized when there is a present obligation as a
result of past events and it is probable that there will be an outflow of resources. Contingent liabilities are not recognized but
are disclosed in the notes. Contingent assets are neither recognized nor disclosed in the financial statements.

2.06 REVENUE RECOGNITION

Revenue comprises of revenue from providing skill development training services.

Revenue is recognized as per the terms of arrangements entered into with individual parties (service orders or service
confirmations) and is recognized when the performance obligation of an event is satisfied.

Revenue is recognized only when it is reasonably certain that the ultimate collection will be made.

2.07 TAXES ON INCOME

Income taxes are accounted for in accordance with Accounting Standard (AS-22) - "Accounting for taxes on income",
notified under Companies (Accounting Standard) Rules, 2014. Income tax comprises of both current and deferred tax.
Current tax is measured on the basis of estimated taxable income and tax credits computed in accordance with the
provisions of the Income Tax Act, 1961.

The tax effect of the timing differences that result between taxable income and accounting income and are capable of
reversal in one or more subsequent periods are recorded as a deferred tax asset or deferred tax liability. They are measured
using substantially enacted tax rates and tax regulations as of the Balance Sheet date.

Deferred tax assets arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws, are
recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred tax assets on
account of other timing differences are recognized only to the extent there is a reasonable certainty of its realization.

2.08 CASH AND CASH EQUIVALENTS

Cash and cash equivalents comprises Cash-in-hand, Current Accounts, Fixed Deposits with banks. Cash equivalents are
short-term balances (with an original maturity of three months or less from the date of acquisition), highly liquid
investments that are readily convertible into known amounts of cash and which are subject to insignificant risk of changes in
value.

2.09 EARNINGS PER SHARE

Basic earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect of extraordinary
items, if any) by the weighted average number of equity share outstanding during the year. Diluted earning per share is
computed by dividing the profit/ (loss) after tax (including the post tax effect of extraordinary items, if any) as adjusted for
dividend, interest and other charges to expense or income (net of any attributable taxes) relating to the dilutive potential
equity shares, by the weighted average number of equity shares which could have been issued on the conversion of all
dilutive potential equity shares.

2.15 SEGMENT REPORTING

The accounting policies adopted for segment reporting are in line with the accounting policies of the Company. Segment revenue,
segment expenses, segment assets and segment liabilities have been identified to segments on the basis of their relationship to the
operating activities of the segment. Inter-segment revenue is accounted on the basis of transactions which are primarily determined based
on market / fair value factors. Revenue and expenses have been identified to segments on the basis of their relationship to the operating
activities of the segment.

Revenue, expenses, assets and liabilities which relate to the Company as a whole and are not allocable to segments on reasonable basis
have been included under “unallocated revenue / expenses / assets / liabilities”.

Notes:

(a) Rights, Preferences and Restrictions attached to equity shares :

(b)

- The equity shares are not repayable except in the case of a buy back, reduction of capital or winding up in terms of the provisions of the

Companies Act, 2013.

- Every member of the company holding equity shares has a right to attend the General Meeting of the Company and has a right to speak and
on a show of hands, has one vote if he is present in person and on a poll shall have the right to vote in proportion to his share of the paid-up
capital of the company.

26 Additional Regulatory Information as per Para Y of Schedule III to Companies Act, 2013:

i. The Company does not have any immovable property (other than properties where the Company is the lessee and the lease agreements are duly executed in favour
of the lessee) whose title deeds are not held in the name of the company.

ii. The Company has not revalued its Property, Plant and Equipment.

iii. The Company has not granted 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:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

iv. The Company does not have any capital work-in-progress.

Reasons for Variation more than 25%:

a. Return-on-Equity Ratio:

In FY 24-25 , Due to decrease in revenue , return on equity decreased ( i.e. profit during the year)

b. Trade Receivables turnover Ratio:

In FY 24-25 , Due to decrease in revenue and increase in trade receivable, We can see huge impact on ratio.

c. Trade Payable turnover Ratio:

In FY 23-24, Variation arise , due to increase in other expenses during Current year

d. Net Capital Turnover Ratio:

In FY 24-25 , Due to decrease in revenue , we can see change in ratio.

e. Return on Capital employed

In FY 23-24 ,Due to decrease in revenue and profit , earning for Equity shareholder has decreased ( i.e. profit during the year)

xiii. The Company does not have any scheme of arrangements which has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies
Act, 2013.

xiv. A. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or
in any other persons or entities, 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 ("Ultimate Beneficiaries") by or on behalf of
the Company or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

B. No funds have been received by the Company from any persons or entities, including foreign entities ("Funding Parties"), with the understanding, whether
recorded in writing or otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever
("Ultimate Beneficiaries") by or on behalf of the Funding Parties or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

xv. The Company does not have undisclosed income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other
relevant provisions of the Income Tax Act, 1961)

xvi. The Company has neither traded nor invested in Crypto currency or Virtual Currency during the financial year.

27 Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current period''s classification / disclosure.

Signatures to Notes forming part of Financial Statements
For and on behalf of the Board of Directors

Roshan Kumar Rawal Tulsiram Rawal Supriya Kabra

(Managing Director & CFO ) (Director) (Company Secretary)

DIN: 08658054 DIN: 08658055

Place : Ahmedabad
Date : 29-05-2025

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Mar 31, 2024

1.05 PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

Provision involving substantial degree of estimation in measurement is recognized when there is a present obligation
as a result of past events and it is probable that there will be an outflow of resources. Contingent liabilities are not
recognized but are disclosed in the notes. Contingent assets are neither recognized nor disclosed in the financial
statements.

1.06 REVENUE RECOGNITION

Revenue comprises of revenue from providing skill development training services. Revenue is recognized as per the
terms of arrangements entered into with individual parties (service orders or service confirmations) and is recognized
when the performance obligation of an event is satisfied. Revenue is recognized only when it is reasonably certain
that the ultimate collection will be made.

1.07 TAXES ON INCOME

Income taxes are accounted for in accordance with Accounting Standard (AS-22) - “Accounting for taxes on
income”, notified under Companies (Accounting Standard) Rules, 2014. Income tax comprises of both current and
deferred tax.

Current tax is measured on the basis of estimated taxable income and tax credits computed in accordance with the
provisions of the Income Tax Act, 1961.

The tax effect of the timing differences that result between taxable income and accounting income and are capable
of reversal in one or more subsequent periods are recorded as a deferred tax asset or deferred tax liability. They are
measured using substantially enacted tax rates and tax regulations as of the Balance Sheet date.

Deferred tax assets arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws,
are recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred tax
assets on account of other timing differences are recognized only to the extent there is a reasonable certainty of its
realization.

1.08 CASH AND CASH EQUIVALENTS

Cash and cash equivalents comprises Cash-in-hand, Current Accounts, Fixed Deposits with banks. Cash equivalents
are short-term balances (with an original maturity of three months or less from the date of acquisition), highly liquid
investments that are readily convertible into known amounts of cash and which are subject to insignificant risk of
changes in value.

1.09 EARNINGS PER SHARE

Basic earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect of
extraordinary items, if any) by the weighted average number of equity share outstanding during the year. Diluted
earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect of extraordinary
items, if any) as adjusted for dividend, interest and other charges to expense or income (net of any attributable taxes)
relating to the dilutive potential equity shares, by the weighted average number of equity shares which could have
been issued on the conversion of all dilutive potential equity shares.

26. Additional Regulatory Information as per Para Y of Schedule III to Companies Act, 2013:

i. The Company does not have any immovable property (other than properties where the Company is the lessee and the
lease agreements are duly executed in favour of the lessee) whose title deeds are not held in the name of the company.

ii. The Company has not revalued its Property, Plant and Equipment.

iii. The Company has not granted 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:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

iv. The Company does not have any capital work-in-progress.

v. The Company has intangible assets under development and their ageing schedule is given below:

vi. No proceedings 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 thereunder.

vii. The Company has borrowings from banks or financial institutions on the basis of security of current assets and
quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in
agreement with the books of accounts.

viii. The company is not declared as wilful defaulter by any bank or financial institution or other lender.

ix. The company does not have any transactions with companies struck off under section 248 of the Companies Act,
2013 or section 560 of Companies Act, 1956

x. There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

xi. The company does not have any investments and hence, compliance with the number of layers prescribed under
clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017 is not
applicable.

xii. Significant Accounting Ratios:

Reasons for Variation more than 25%:

a. Debt Equity Ratio:

In FY 23-24 Variation in ratio is Due to increase in revenue, Reserves for Shareholders Fund increased (i.e. Loss

Decreased).

b. Return-on-Equity Ratio:

In FY 23-24, Due to increase in revenue, return on equity increased (i.e. Loss Decreased)

c. Trade Payable turnover Ratio:

In FY 23-24, Variation arise , as there were not payble in Current year

d. Net Capital Turnover Ratio:

In FY 23-24 , Due to increase in revnue and vendor advances , we can see change in ratio

e. Net Profit Ratio:

In FY 23-24 , Due to increase in revenue , earning for Equity shareholder has increased ( i.e. Loss Decreased)

f. Return on Capital employed

In FY 23-24 ,Due to increase in revenue , earning for Equity shareholder has increased ( i.e. Loss Decreased)

g. Current Ratio

In FY 23-24, Variation in ratio is Due to increase in revenue , Reserves for Shareholders Fund increased( i.e. profit

during the year)

xiii. The Company does not have any scheme of arrangements which has been approved by the Competent Authority in
terms of sections 230 to 237 of the Companies Act, 2013.

xiv. A. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other
sources or kind of funds) by the Company to or in any other persons or entities, 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 (“Ultimate
Beneficiaries”) by or on behalf of the Company or provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

B. No funds have been received by the Company from any persons or entities, including foreign entities (“Funding
Parties”), with the understanding, whether recorded in writing or otherwise, that the Company shall directly or
indirectly, lend or invest in other persons or entities identified in any manner whatsoever (“Ultimate Beneficiaries”)
by or on behalf of the Funding Parties or provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

27. Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s
classification / disclosure.

Signatures to Notes to the Financial

Statements For and on behalf of the Board of Directors

Sd/- Sd/-

Tulsiram Rawal

Non- Executive Non- Roshan Kumar Rawal

Independent Director Managing Director & CFO

(DIN: 08658055) (DIN: 08658054)

Sd/-

Supriya Kabra
(Company Secretary)

ACS 38656