Notes to Accounts of Arham Technologies Ltd.

Mar 31, 2025

Provisions are recognized, where the company has any legal or constructive obligation or where realiable estimate
can be made for the amount of the obligation and as a result of past events, for which it is probable that an outflow
of economic benefits will be required to settle the obligation at the balance sheet date. These are reviewed at each
balance sheet date and adjusted to reflect the current best estimates.

(XII.) Earnings Per Share

Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity
shareholders by weighted average number of equity shares outstanding during the period. The weighted average
number of equity shares outstanding during the period are adjusted for events of bonus issue; bonus element in a
right issue to existing shareholders.

For the purpose of calculating diluted earnings per share, the net profit or loss for the year attributable to equity
shareholders and the weighted average number of shares outstanding during the year are adjusted for the effects of
all dilutive potential equity shares. .

(XIII.) Proposed Dividend- No Dividend is proposed for the year.

(i) Provisions for gratuity has not been made as no employee have completed the qualifying period of service
necessary for entitlement of the benefit. This is not as per the compliance of the Accounting Standard-15 issued by
ICAI, as the company has not determined the liability as required by revised AS-15 which was mandatory with
effect from 01/04/2007. However additional liabilities if any will be provided later on , the quantum of additional
liability is at present unascertainable.

(ii) As the company has not separately invested any of its liability of Gratuity in any specific Govt.
Bonds/Securities, hence the changes in assets is not there.

(iii) Provisions for Provident fund are applicable to the company, and company has determined its liability to
contribute the provident fund as at the year end. Company has deducted contributed to the provident fund scheme
as at year end.

(iv) Disclosures as required by revised AS-15 have also not been given in view of notes (i), (ii) & (iii) above.
(XV.) Taxes on Income

Tax expense comprises both current and deferred taxes. Current tax is provided for on the taxable profit of the
year at applicable tax rates. Deferred taxes on income reflect the impact of timing difference between taxable
income and accounting income for the year and reversal of timing differences of earlier years.

(XVI.) Contingent Liability

Liabilities which are material and whose future outcome cannot be reasonably ascertained are treated as
contingent and not provided for and disclosed by way of notes to the accounts. No contingent liability exists for
the FY.

1. The Company is small and medium sized company (SMC) as defined in the General Instruction in respect of
Accounting Standards notified under the Act, Accordingly, the Company has complied with the Accounting
Standards as applicable to a Small and Medium Sized Company.

2. In the absence of confirmations, the entries recorded in the books of accounts have been relied upon, and
therefore, such balances are as per the books of accounts of the Company.

3. The Company has not traded or invested in Crypto currency or virtual currency during the financial year.

4. The Company does not have any Capital Work In Progress (CWIP).

5. The Company does not have any Intangible Asset under Development.

6. The Company does not have any kind of transaction with companies struck off under Section 248 of Companies
Act2013 or section 560of companies act 1956.

7. Figures have been regrouped and rearranged wherever found necessary.

As Per our audit report of even Date

For Badhan And Co. FOR ARHAM TECHNOLOGIES LIMITED

(Chartered Accountants)

FRN: 0004008C

SD/- SD/- SD/-

Suresh Kumar Agrawal Anekant Jain Ankit Jain

(PARTNER) (CEO) (CFO)

Membership No: 053907 DIN-06732591 DIN-06381280

UDIN:25053907BMUOGS7280

Pl_ace: Rai_pur ^{SD/- SD/-}

Pooja Avinash Gandhewar Roshan Jain

Date: 21/05/2025

(Secretary) (Managing Director)

DIN-06381291

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Mar 31, 2024

e) Contingent Liabilities

Liabilities which are material and whose future outcome cannot be reasonably ascertained are treated as contingent and not provided for and disclosed by way of notes to the accounts.

f) Taxes on Income

Current Taxes are accounted based on provisions of Income Tax Act,1961.

Deferred Tax is recognized, subject to the consideration of prudence, in timing differences between taxable income and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

g) Provisions

Provisions are recognised, where the company has any legal or constructive obligation or where realiable estimate can be made for the amount of the obligation and as a result of past events, for which it is probable that an outflow of economic benefits will be required to settle the obligation at the balance sheet date. These are reviewed at each balance sheet date and adjusted to reflect the current best estimates.

h) Impairment of Tangible Assets

The Company assesses at each balance sheet date whether there is any indication that any asset may be impaired. If any such indication exists, the carrying value of such assets is reduced to its estimated recoverable amount and the amount of such impairment loss is charged to statement of profit & loss.. If at the balance sheet date there is an indication that previously assessed impairment loss no longer exists, then such loss is reversed and the asset is restated to that effect.

i) Inventory Valuation

Inventories are valued at lower of cost or net realizable value. Cost of Finished goods is determined by including direct materials, labour, other expenses and a proportion of overheads based on normal operating capacity. Cost of finished goods has been determined on FIFO. Net realizable value is the estimated selling price in the ordinary course of business, less estimated costs of completion and to make the sale. Cost of raw materials stores and spares, are determined of FIFO basis. By products are valued at net realizable value.

j) Cash and Cash equivalents

Cash and Cash equivalents in the balance sheet comprise cash at bank and in hand and short-term investments with an original maturity of three months or less.

k) Earnings Per Share

Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders by weighted average number of equity shares outstanding during the period. The weighted average number of equity shares outstanding during the period are adjusted for events of bonus issue; bonus element in a right issue to existing shareholders.

For the purpose of calculating diluted earnings per share, the net profit or loss for the year attributable to equity shareholders and the weighted average number of shares outstanding during the year are adjusted for the effects of all dilutive potential equity shares.

2.2 In the opinion of the management ,the value of realization of loans,advances & current assets in the ordinary course of business will not be less than amount at which they are stated in the balance sheet

2.3 In the absence of confirmations, the entries recorded in the books of accounts have been relied upon, and therefore, such balances are as per the books of accounts of the Company.

2.4 Previous year''s figures have been regrouped Rearranged or reclassified wherever considered necessary to make them comparable with the current period.

2.5 The company has not received any information from any of the suppliers of their being Micro Small and Medium Enterprises, hence it is not possible to specify such enterprises to whom the company owed a sum exceeding Rs One Lac for more than 45 days as on the balance sheet date as required by "Micro ,Small and Medium Enterprises Development Act, 2006"

2.6 Employee benefits plan -

(i) Provisons for grtuity has not been made as no employee have completed the qualifying period of service necessary for entitlement of the benefit.This is not as per the compliance of the Accounting Standard-15 issued by ICAI, as the company has not determined the liability as required by revised AS-15 which was mandatory with effect from 01/04/2007. However additional liabilities if any will be provided later on , the quantum of additional liability is at present unascertainable.

(ii) As the company has not separately invested any of its liability of Gratuity in any specific Govt. Bonds/Securities, hence the changes in assets is not there.

(iii) Provisions for Provident fund are applicable to the company, and company has determined its liability to contribute the provident fund as at the year end. Company has deducted contributed to the provident fund scheme as at year end.

(iv) Disclosures as required by revised AS-15 have also not been given in view of notes (i), (ii) & (iii) above.

2.7 The Company is small and medium sized company (SMC) as defined in the General Instruction in respect of Accounting Standards notified under the Act, Accordingly, the Company has complied with the Accounting Standards as applicable to a Small and Medium Sized Company.

Note : -1 Details of repayment of other long-term borrowings and security provided in respect of the secured other long-term borrowings:

a) Term loans from banks :

I) T erms of Repayment & Security- Bank of Baroda

Terms of Repayment: Term loan ( A/c. No. 17380600003096) with current outstanding of Rs 2.03 Crore (previous year: 2.28 Crore) is from Bank of Baroda and the said loan is repayable in 35 equally monthly installments of Rs. 6.30 Lakh each and last installment of Rs. 7.50 Lakh starting after 24 months moratorium from date of 1st disbursement i.e. begining from December, 2023 and carrying interest of 7.5% p.a. (previous year: 7.5 % p.a).

II) Terms of Repayment & Security- Bank of Baroda

Terms of Repayment: Term loan ( A/c. No. 1738060003263) of Rs. 3.00 Crore sanctioned out of which Rs. 1.28 Crore disbured during the year (previous year: 1.72) with current outstanding is Rs. 2,80 crores (Previous year Rs 1.72) from Bank of Baroda and the said loan is repayable in 60 equally monthly installments of Rs. 5.00 Lakhs each starting after 12 months moratorium from date of 1st disbursement i.e. begining from October, 2023 and carrying interest of 9.6% p.a. (previous year: NIL).

III) Terms of Repayment & Security- HDFC Bank

Terms of Repayment: Vehicle Loan ( A/c. No. 114064800) of Rs. 17.31 Lakhs with current outstanding of Rs.6,54,495.65/- (Previous Year Rs. 1007892.96/-) from HDFC Bank is payable in 60 installments of Rs. 35034.00 each starting from 07.12.2020.

Terms of Security: The loan is secured by hypothecation of vehicle (Hyundai Creta) .

I The company does not have any immovable property which is not held in the name of the company.

II The company has not traded or invested in Crypto Currency or Virtual Currency during the financial year.

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

IV The Company have not granted any Loans or Advances to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person.

V The company does not have any Capital Work In Progress (CWIP)

VI The company does not have any Intangible assets under development.

VII The company does not hold any Benami Property .

VIII The company has not been declared wilful defaulter, hence not commented upon.

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

X Registration of charges or satisfaction with Registrar of Companies

The company does not have any charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

XI Financial Ratios

XII Compliance with approved Scheme(s) of Arrangements

The company did not had any Scheme of Arrangements during the year.

XIII Details of CSR Expenditure

The Provision of CSR is not applicable to the company .

The accompanying note 1 & 2 are an integral part of the financial statements.

As per our report of even date

For, MRCA & Associates For and on behalf of the Board of Directors

Firm Registration No.: 012690C

Chartered Accountants SD/- SD/-

Roshan Jain Ankit Jain

Managing Director CFO

DIN-06381291 DIN-06381280

SD/- SD/- SD/-

. .... , Anekant Jain Pooja Avinash

CA. Aashish Agrawal ,,

Gandhewar

CEO Company Secretary

Partner

Membership No.: 131180 DIN- 06732591

Place : Raipur Date- 15/05/2024 UDIN :

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Mar 31, 2023

Contingent liabilities

Contingent liabilities are disclosed when there is a possible obligation arising from past events, the
existence of which will be confirmed only by the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control of the Company or a present obligation that
arises from past events where it is either not probable that an outflow of resources will be required
to settle the obligation or a reliable estimate of the amount cannot be made

A Contingent liability also arises in extremely rare cases where there is a liability that cannot be
measured reliably. The Company does not recognize a contingent liability but discloses its existence
in the financial statements

j) Revenue from Operationsa) Sale of goods:

Revenue from sale of goods is recognised when control of the products being sold is transferred
to our customer and when there are no longer any unfulfilled obligations. The Performance

Obligations in our contracts are fulfilled at the time of dispatch, delivery or upon formal customer
acceptance depending on terms with customers.

Revenue is measured on the basis of contracted price, after deduction of any trade discounts,
volume rebates and any taxes or duties collected on behalf of the Government such as Goods and
Services Tax, etc. Accumulated experience is used to estimate the provision for such discounts
and rebates. Revenue is only recognised to the extent that it is highly probable a significant
reversal will not occur.

Our customers have the contractual right to return goods only when authorised by the Company.
An estimate is made of goods that will be returned and a liability is recognised for this amount
using a best estimate based on accumulated experience.

b) Revenue from operations is accounted for on the basis of billings to consumers and

includes unbilled revenues accrued up to the end of the accounting year. Sale of product is
accounted for based on tariff rates.

c) Commission income on consignment sales:

Commission income on consignment sales is charged for rendering of services and for the use of
the Company''s sales and distribution network. Such revenue is recognised in the accounting
period in which the services are rendered in accordance with the agreement with the parties.

d) Government grants, subsidies and export incentives

Government grants and subsidies are recognized when there is reasonable assurance that the
Company will comply with the conditions attached to and the grants/ subsidy will be received.
Government grants whose primary condition is that the Company should purchase, construct or
otherwise acquire capital assets are presented by deducting them from the carrying value of the
assets.

Other government grants and subsidies are recognized as income over the periods necessary to
match them with the costs for which they are intended to compensate, on a systematic basis

k) Other Income

Interest income is recognized on time proportion basis taking into account the amount outstanding
and the applicable interest rate. Dividend income is accounted for when the right to receive is
established.

l) Employee Benefits Expense
Short -Term Employee Benefits:

Short-term employee benefits like salaries, wages, bonus and welfare expenses payable wholly
within twelve months of rendering the services are accrued in the year in which the associated
services are rendered by the employees.

Defined contribution plans:

Contributions to defined contribution schemes such as employees'' state insurance, labour welfare
fund, superannuation scheme, employee pension scheme etc. are charged as an expense based on the
amount of contribution required to be made as and when services are rendered by the employees.
Company''s provident fund contribution, in respect of certain employees, is made to a Government
administered fund and charged as an expense to the standalone statement of profit and loss. The
above benefits are classified as Defined Contribution Schemes as the Company has no further
defined obligations beyond the monthly contributions.

Defined benefit plans:

The Company has not defined scheme for post-employment in the form of Gratuity and leave
encashment as none of the employees have covered 5 years of continuous service in the Company.
Also, no provision has been made in the accounts towards encashment of earned leaves, since their
encashment as per the rules of the Companies does not fall due on the said date. The same shall be
accounted for as and when required.

m) Earnings per share

Basic earnings per share is computed by dividing the net profit for the period attributable to the
equity shareholders of the Company by the weighted average number of equity shares outstanding
during the period. The weighted average number of equity shares outstanding during the period and
for all periods presented is adjusted for events, such as bonus shares, other than the conversion of
potential equity shares that have changed the number of equity shares outstanding, without a
corresponding change in resources.

n) Cash Flow Statement

Cash flows are reported using the direct method, whereby profit/loss after 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.

o) Foreign currency transactions and translations

Initial recognition:

Transactions in foreign currencies entered into by the Company are accounted at the exchange rates
prevailing on the date of the transaction or at the rates that closely approximate the rate at the date
of transaction.

Measurement of foreign currency monetary items at the Balance Sheet date:

Foreign currency monetary items (other than derivative contracts) of the Company and its net
investment in non- integral foreign operations outstanding at the Balance Sheet date are restated at
the year-end rates.

In the case of integral operations, assets and liabilities (other than non-monetary items), are
translated at the exchange rate prevailing on the Balance sheet date. Non-monetary items are carried
at historical cost. Revenue and expenses are translated at the average exchange rates prevailing
during the year. Exchange differences arising out of these translations are charged to the Statement
of Profit and Loss.

Treatment of exchange differences:

Exchange differences arising on settlement/restatement of short-term foreign currency monetary
assets and liabilities of the Company and its integral foreign operations are recognized as income or
expense in the Statement of Profit and Loss. The exchange differences on restatement/settlement of
loans to non-integral foreign operations that are considered as net investment in such operations are
accumulated in a "Foreign currency translation reserve" until disposal/recovery of the net
investment.

p) Borrowing costs

Borrowing costs include interest; amortization of ancillary costs incurred and exchange differences
arising from foreign currency borrowings to the extent they are regarded as an adjustment to the
interest cost. Costs in connection with the borrowing of funds to the extent not directly related to the
acquisition of qualifying assets are charged to the Statement of Profit and Loss over the tenure of the
loan. Borrowing costs, allocated to and utilized for qualifying assets, pertaining to the period from
commencement of activities relating to construction/ development of the qualifying asset up to the
date of capitalization of such asset is added to the cost of the assets. Capitalization of borrowing
costs is suspended and charged to the Statement of Profit and Loss during extended periods when
active development activity on the qualifying asset is interrupted.

q) Service Tax/GST Input Credit

GST input credit is accounted for in the books in the period in which the underlying service received
is accounted and when there is no uncertainty in availing/utilizing the credits.

r) Material event

Material events occurring after Balance Sheet date are taken into cognizance.

s) General Disclosure of Accounting Standards

Though other accounting standards also apply to the Company by virtue of the Companies
(Accounts) Rules, 2014 no disclosure for the same is being made as the Company has not done any
transaction to which the said accounting standards apply.