Notes to Accounts of Arunjyoti Bio Ventures Ltd.

Mar 31, 2026

3.7.2 Financial Liabilitiesa) Initial Recognition and Measurement

Financial liabilities are measured at amortised cost using Effective
Interest Rate (EIR) method. For trade and other payable maturing
within one year from the Balance Sheet date, the carrying value
approximates fair value due to short maturity.

b) Subsequent Measurement

Financial liabilities are carried at amortized cost using the EIR method.
For trade and other payables maturing within one year from the
balance sheet date, the carrying amounts approximate fair value due to
the short maturity of these instruments.

c) Loans and borrowings

After initial recognition, interest-bearing loans and borrowings are
subsequently measured at amortised cost using the EIR method. Gains
and losses are recognised in profit or loss when the liabilities are deÂ¬
recognised as well as through the EIR amortisation process.

Amortised cost is calculated by taking into account any discount or
premium on acquisition and fees or costs that are an integral part of the
EIR.

The EIR amortisation is included as finance costs in the Statement of
Profit and Loss. This category generally applies to borrowings.

d) Derecognition of Financial Liabilities

A financial liability is derecognised when the obligation under the
liability is discharged or cancelled or expires. When an existing financial
liability is replaced by another from the same lender on substantially
different terms, or the terms of an existing liability are substantially
modified, such an exchange or modification is treated as the
derecognition of the original liability and the recognition of a new
liability. The difference in the respective carrying amounts is recognised
in the Statement of Profit and Loss.

f) Offsetting of financial instruments

Financial assets and financial liabilities are offset and the net amount is
reported in the balance sheet only if there is a currently enforceable
legal right to offset the recognised amounts and there is an intention to
settle on a net basis, to realise the assets and settle the liabilities
simultaneously.

g) Equity instruments

An equity instrument is any contract that evidences a residual interest in
the assets of an entity after deducting all of its liabilities. Equity
instruments issued by the Company are recognized at the proceeds
received, net of direct issue costs.

Repurchase of the Company''s own equity instruments is recognized
and deducted directly in equity. No gain or loss is recognized in
Statement of Profit and Loss on the purchase, sale, issue or
cancellation of the Company''s own equity instruments.sp

3.8 Fair Value measurement

The Company measures financial instruments, such as, derivatives at
fair value at each balance sheet date on a portfolio basis.

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. The fair value measurement is based on the
presumption that the transaction to sell the asset or transfer the liability
takes place either:

- In the principal market for the asset or liability, or

- In the absence of a principal market, in the most advantageous market
for the asset or liability

The principal or the most advantageous market must be accessible by the
Company.

The fair value of an asset or a liability is measured using the assumptions that
market participants would use when pricing the asset or liability, assuming
that market participants act in their economic best interest.

A fair value measurement of a non-financial asset takes into account a market
participant''s ability to generate economic benefits by using the asset in its
highest and best use or by selling it to another market participant that would
use the asset in its highest and best use.

The Company uses valuation techniques that are appropriate in the
circumstances and for which sufficient data are available to measure fair
value, maximizing the use of relevant observable inputs and minimizing the
use of unobservable inputs.

''All assets and liabilities for which fair value is measured or disclosed in the
Financial Statements are categorised within the fair value hierarchy,
described as follows, based on the lowest level input that is significant to the
fair value measurement as a whole:

- Level 1 â Quoted (unadjusted) market prices in active markets for
identical assets or liabilities

- Level 2 â Valuation techniques for which the lowest level input that is

significant to the fair value measurement is directly or indirectly
observable

- Level 3 â Valuation techniques for which the lowest level input that is
significant to the fair value measurement is unobservable

For assets and liabilities that are recognised in the Financial
Statements on a recurring basis, the Company determines whether
transfers have occurred between levels in the hierarchy by reÂ¬
assessing categorisation (based on the lowest level input that is
significant to the fair value measurement as a whole) at the end of each
reporting period.

For the purpose of fair value disclosures, the Company has determined
classes of assets and liabilities on the basis of the nature,
characteristics and risks of the asset or liability and the level of the fair
value hierarchy as explained above.

This note summaries accounting policy for fair value. Other fair value
related disclosures are given in the relevant notes.

- Quantitative disclosures of fair value measurement hierarchy

- Financial instruments (including those carried at amortised cost)

3.9 Leases and ROUCompany as Lessee

Lease contracts entered by the Company majorly pertains for buildings
taken on lease to conduct its business in the ordinary course.

The Company applies a single recognition and measurement approach
for all leases, except for short-term leases and leases of low-value
assets. The Company recognises lease liabilities to make lease
payments and right-of-use assets representing the right to use the
underlying assets.

The Company determines the lease term as the non-cancellable period
of a lease, together with both periods covered by an option to extend
the lease if the Company is reasonably certain to exercise that option;
and periods covered by an option to terminate the lease if the Company
is reasonably certain not to exercise that option. In assessing whether
the Company is reasonably certain to exercise an option to extend a
lease, or not to exercise an option to terminate a lease, it considers all
relevant facts and circumstances that create an economic incentive for
the Company to exercise the option to extend the lease, or not to

exercise the option to terminate the lease. The Company revises the
lease term if there is a change in the non-cancellable period of a lease.

The Company used the following practical expedients when applying Ind AS

116 :

â¢ Applied a single discount rate to a portfolio of leases with similar
characteristics.

â¢ Applied the exemption not to recognise right-of-use assets and
liabilities for leases with less than 12 months of lease term and leases of
low value.

â¢ Excluded initial direct costs from measuring the right-of-use asset at
the date of initial application.

â¢ Used hindsight when determining the lease term if the contract
contains options to extend or terminate the lease.

(i) . Right-of-use assets

The Company recognises right-of-use assets at the commencement
date of the lease (i.e., the date the underlying asset is available for use).
Right-of-use assets are measured at cost, less any accumulated
depreciation and impairment losses, and adjusted for any
remeasurement of lease liabilities. The cost of right-of-use assets
includes the amount of lease liabilities recognised, initial direct costs
incurred, and lease payments made at or before the commencement
date less any lease incentives received. Right-of-use assets are
depreciated on a straight-line basis over the shorter of the lease term
and the estimated useful lives of the assets.

If ownership of the leased asset transfers to the Company at the end of
the lease term or the cost reflects the exercise of a purchase option,
depreciation is calculated using the estimated useful life of the asset.

(ii) . Lease liabilities

At the commencement date of the lease, the Company recognises
lease liabilities measured at the present value of lease payments to be
made over the lease term. The lease payments include fixed payments
(including in-substance fixed payments) less any lease incentives
receivable, variable lease payments that depend on an index or a rate,
and amounts expected to be paid under residual value guarantees. The
lease payments also include the exercise price of a purchase option
reasonably certain to be exercised by the Company and payments of

penalties for terminating the lease, if the lease term reflects the
Company exercising the option to terminate. Variable lease payments
that do not depend on an index or a rate are recognised as expenses
(unless they are incurred to produce inventories) in the period in which
the event or condition that triggers the payment occurs.

3.10 Revenue Recognition:

The Company has adopted Ind AS 115 âRevenue from Contracts with
Customers'' which introduces a five-step approach to measuring and
recognising revenue from contracts with customers. Under Ind AS 115,
revenue is recognised at an amount that reflects the consideration to
which an entity expects to be entitled in exchange for services to a
customer. The Company has elected to use the practical expedient that
there is no financing component involved when the credit period offered
to customers is less than 12 months (also refer Credit Risk).

Rendering of Services

Revenue from sale of services is recognised in accordance with the terms of
the relevant agreements as accepted and agreed with the customers.
Upfront non-refundable payments received are deferred and
recognised as revenue over which the related services are performed.

Revenue from minimum guarantee clauses, cost conversion
mechanisms, price escalation provisions, and other contractual
adjustments is treated as variable consideration. Such revenue is
recognized only to the extent that it is highly probable that a significant
reversal in the amount of cumulative revenue recognized will not occur
when the uncertainty associated with the consideration is subsequently
resolved.

Where the realization of such variable consideration is contingent upon
customer confirmation, negotiation, or other contractual uncertainties,
the Company constrains the recognition of such amounts and records
revenue only when there is sufficient objective evidence to support both
entitlement and recoverability.

Interest income

Interest on deposits is recognized on the time proportion method using
the underlying interest rates.

3.11 Taxation

Income tax expense comprises current tax expense and the net

change in the deferred tax asset or liability during the year. Current and
deferred tax are recognised in Statement of Profit and Loss, except
when they relate to items that are recognised in other comprehensive
income or directly in equity, in which case, the current and deferred tax
are also recognised in other comprehensive income or directly in
equity, respectively.

(i) Current tax:

Current Tax expenses are accounted in the same period to which the
revenue and expenses relate. Provision for current income tax is made
for the tax liability payable on taxable income after considering tax
allowances, deductions and exemptions determined in accordance
with the applicable tax rates and the prevailing tax laws.

Current tax assets and current tax liabilities are offset when there is a
legally enforceable right to set off the recognised amounts and there is
an intention to settle the asset and the liability on a net basis.

(ii) Deferred tax:

Deferred income tax is recognised using the Balance Sheet approach.
Deferred income tax assets and liabilities are recognised for deductible
and taxable temporary differences arising between the tax base of
assets and liabilities and their carrying amount in financial statements,
except when the deferred Income tax arises from the initial recognition
of goodwill, an asset or liability in a transaction that is not a business
combination and affects neither accounting nor taxable profits or loss at
the time of the transaction.

Deferred income tax assets are recognised to the extent that it is
probable that taxable profit will be available against which the
deductible temporary differences and the carry forward of unused tax
credits and unused tax losses can be utilised.

Deferred tax liabilities are generally recognized for all taxable
temporary differences.

The carrying amount of deferred tax assets is reviewed at each
Balance Sheet date and reduced to the extent that it is no longer
probable that sufficient taxable profits will be available to allow all or
part of the deferred income tax asset to be utilised.

Deferred tax liabilities and assets are measured at the tax rates that are
expected to apply in the period in which the liability is settled or the
asset realized, based on tax rates (and tax laws) that have been
enacted or substantively enacted by the Balance Sheet date.

Deferred tax assets and liabilities are offset when there is a legally
enforceable right to set off current tax assets against current tax
liabilities and when they relate to income taxes levied by the same
taxation authority and the Company intends to settle its current tax
assets and liabilities on a net basis.

3.12 Cash Flow Statement

Cash flows are reported using the indirect method, whereby, profit
before tax is adjusted for the effects of transactions of a non-cash
nature, any deferrals or accruals of past or future operating cash
receipts or payments and item of income or expenses associated with
investing or financing cash flows. The cash flows are segregated into
operating, investing and financing activities.

3.13 Earnings per share

Basic earnings per share are calculated by dividing the net profit or loss
for the period attributable to equity shareholders by the weighted
average number of equity shares outstanding during the period. Partly
paid equity shares are treated as a fraction of an equity share to the
extent that they are entitled to participate in dividends relative to a fully
paid equity share during the reporting period. The weighted average
number of equity shares outstanding during the period is adjusted for
events such as bonus issue, bonus element in a rights issue, share
split, and reverse share split (consolidation of shares) that have
changed the number of equity shares outstanding, without a
corresponding change in resources.

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

The Company has a single class of equity shares. Accordingly, all equity shares rank
equally with regard to dividends and share in the Company''s residual assets. The equity
shares are entitled to receive dividend as declared from time to time. On winding up of the
Company, the holders of equity shares will be entitled to receive residual assets of the
Company, remaining after distribution of all preferential amounts in proportion to the
number of equity shares held by the shareholders.

(e) The Company has not allotted any fully paid equity shares by way of bonus shares nor has
bought back any class of equity shares during the period of five years immediately
preceding the balance sheet date nor has issued shares for consideration other than
cash.

Nature and purpose of each reserve

Securities premium - The amount received in excess of face value of the equity shares is
recognised in securities premium. It is utilised in accordance with the provisions of the
Companies Act, 2013

Capital Reserve - Reserve of capital nature taken to this head under the erstwhile GAAP

Retained Earnings -This reserve represents undistributed accumulated earnings of the company
as on balance sheet date.

b) Gratuity (Unfunded)

The Company has a defined benefit gratuity plan governed by the Payment of
Gratuity Act, 1972. Every employee who has completed 5 year or more of service is
entitled to gratuity on departure at 15 days last drawn salary for each completed
year of service or part thereof in excess of six months.

Certain operational bottlenecks and process inefficiencies during the current
quarter resulted in abnormal consumption of inventory amounting to Rs. 241
lakhs, which has been recognised under consumption of stores and
consumables for the year ended March 31,2026.

Basic EPS amounts are calculated by dividing the profit for the year attributable to
equity holders of the company by the weighted average number of Equity shares
outstanding during the year. Diluted EPS amounts are calculated by dividing the
profit attributable to equity holders of the company by the weighted average
number of Equity shares outstanding during the year plus the weighted average
number of Equity shares that would be issued on conversion of all the dilutive
potential Equity shares into Equity shares.

A) Credit Risk

Credit risk is the risk that the counterparty to a financial instrument or
customer contract will fail to discharge its contractual obligations, resulting in
a financial loss to the Company. The Company is exposed to credit risk
primarily from its financial assets and liabilities, such as trade receivables,
loans, and cash and cash equivalents and borrowings.

The Company''s exposure to credit risk on trade receivables is mainly from its
customer Tata Consumer Products Limited (TCPL), which constitutes the
principal trade receivable. The Company continuously evaluates the
creditworthiness and past payment history of TCPL and has historically not
experienced any defaults. Based on management''s assessment and past
experience, the credit risk associated with trade receivables is considered
low. Accordingly, the Company has assessed the expected credit loss (ECL)
on trade receivables and does not consider any provision necessary as at the
reporting date.

For cash and cash equivalents, the credit risk is limited as these balances are
maintained with reputed banks and financial institutions having high credit
ratings, thereby ensuring strong credit quality and negligible risk of default.

The Company has established internal control systems and periodic
monitoring mechanisms for review of trade receivables and other financial
assets. These include regular monitoring of recoverability and timely
identification of any significant credit deterioration, if any, to ensure
appropriate risk mitigation actions are taken.

Based on current assessment, the Company considers its overall exposure
to credit risk to be low.

B) Liquidity Risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting its
financial obligations as and when they become due.

Maturities of financial liabilities

The tables below analyse the Company''s financial liabilities into relevant
maturity groupings based on their contractual maturities for all non-derivative
financial liabilities.

There are no derivatives financial liabilities for the company.

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.

The Company has a net current liability position as at the reporting date, which
may indicate potential liquidity constraints in meeting its short-term obligations.
Management has assessed the situation and is confident of meeting its
liabilities through operational cash flows and by raising additional funds through
available financing arrangements.

C) Market Risk

Market risk is the risk that the fair value of future cash flows of a financial
instrument will fluctuate because of changes in market prices. Market risk
comprises three types of risk: interest rate risk, currency risk and other price
risk, such as equity price risk and commodity risk. Financial instruments
affected by market risk include loans and borrowings and derivative financial
instruments. The company is not affected by currency risk and other price risk
based on its nature of business.

(a) 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''s exposure to the risk of changes in market interest rates relates
primarily to the Company''s short-term debt obligations with fixed & floating
interest rates.

Sensitivity Analysis of the Interest Rate

Profit or loss is sensitive to higher/lower interest expense from borrowings as a
result of change in interest rates.

The assumed movement in basis points for the interest rate sensitivity analysis
is based on the currently observable market environment, showing a
significantly higher volatility than in prior years.

The company''s objectives when managing capital are to:

> Safeguard their ability to continue as a going concern, so that they can
continue to provide returns for shareholders and benefits for other
stakeholders, and

> Maintain an optimal capital structure to reduce the cost of capital.

In order to maintain or adjust the capital structure, the Company may adjust the
amount of dividends paid to shareholders, return capital to shareholders, issue
new shares or sell assets to reduce debt.

The Company monitors its capital structure through gearing ratio to maintain an
optimal mix of debt and equity. The gearing ratio is calculated as net debt
divided by total equity. Net debt includes total borrowings less cash and cash
equivalents.

Note 35: Operating Segment Disclosure

Arunjyoti Bio Ventures Limited is engaged in a single business activity, namely
co-packing, and operates as a single operating segment. Accordingly, separate
segment information as required under Ind AS 108 âOperating Segmentsâ is not
presented.

However, in accordance with the entity-wide disclosure requirements of Ind AS
108:

Geographical Information:

The Company''s revenue is derived predominantly within India and all
non-current assets are located within India.

Major Customer Disclosure:

Revenue from one customer constitutes more than 10% of the Company''s
total revenue. During the year, revenue derived from TCPL (Tata Consumer
Products Limited) accounted for a substantial portion of the Company''s total
revenue.

The amount of revenue from this customer is Rs. 2,775.44 lakhs (previous
year: Rs. 2,778.41 lakhs).

Note 36: Interests in other entitiesa) Subsidiaries- Nilb) Interest in Associates and Joint Ventures- NilNote 37: Related party transactions
(A) Details of related parties:

Directors who held the office during the year:

Pabbathi Badari Narayana Murthy, Wholetime Director
Vishal Nadimpalli, Wholetime Director & CFO
Dathvik Pabbathi, Wholetime Director
Srikar Ranga, Independent Director

Vijaya Rama Lakshamana Murthy Mylavarapu, Independent Director
Dhanalakshmi Guntaka, Independent Director
Key Management Personnel (KMP):

Swati Jain, Company Secretary and Compliance officer

Entities in which Directors are interested with whom transactions were
carried out in current / previous year

MSRM International Trading Pvt. Ltd

Miryalguda Rice Industries Pvt. Ltd

Pasura Xpress LLP

Relative of Director

Pabbathi Siva Ratna Mahalakshmi Prasanna

* Long term benefits have not been disclosed since the liability for such benefits
have been derived by the actuary for entity as a whole.

**The Company has granted loan of Rs. 80.72 Lakhs (Amount outstanding as
on 31st March 2026 is Rs. 65.99 Lakhs) to LLP in which directors are interested,
which is subject to approval by the shareholders through special resolution
under Section 185 (2) and the management is proposing to place it before the
ensuing AGM for members approval.

# During the year, managerial remuneration exceeded the remuneration
approved by the shareholders by ?25.19 lakhs due to the approval being
granted on a net remuneration basis. The Company proposes to obtain
shareholders'' approval/ratification for the excess remuneration at the ensuing
Annual General Meeting.

The Company has elected not to apply the requirements of Ind AS 116 "Leases"
to short-term leases of all assets that have a lease term of 12 months or less
and leases for which the underlying asset is of low value. The lease payments
associated with these leases are recognized as an expense on a straight-line
basis over the lease term except inflation adjustment.

Ind AS 116 has resulted in an increase in cash inflows from operating activities
and an increase in cash outflows from financing activities on account of lease
payments.

During the year, the Company identified and corrected a prior period error relating to deferred
tax on depreciation differences and recognition of previously unavailed tax benefit on
unabsorbed depreciation. In accordance with Ind AS 8, the comparative figures have been
restated. The adjustment is non-cash in nature and has no impact on the Companyâs
operating performance or cash flows.Following is the impact of the above in Statement of
Assets and Liabilities and Statement of Profit and loss.

The Government of India notified on November 21,2025, four Labour Codes -
the Code of Wages 2019, the Industrial Relations Code, 2020, the Code on
Social Security, 2020 and the Occupational Safety, Health and Working
Conditions Code, 2020 - consolidating existing labour laws. Based on
management''s assessment, the Company''s existing employee compensation
structures and benefit practices are largely aligned with the requirements of the
Labour Codes and hence there is no impact on the financial results for the
period under review. The Company will continue to monitor developments
relating to implementation of the Labour Codes and evaluate any impact, if any,
in future periods.

a) . No proceeding have been initiated or pending against the Company

under the Benami Transactions (Prohibitions) Act, 1988 (45 of 1988) and
the Rules made thereunder.

b) . The Company has not traded or invested in crypto currency or virtual

currency during the financial year.

c) . The Company does not have any transaction which is not recorded in the

books of accounts that has been surrendered or disclosed as 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).

d) . The Company has not been declared wilful defaulter by any bank or

financial institution or government or any other government
authorities.

e) The company has not advanced or loaned or invested funds to any other
person(s) or entity(ies), including foreign entities (Intermediaries) with
the understanding that the Intermediary shall:

i) 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

ii) provide any guarantee, security or the like to or on behalf of the ultimate
beneficiaries.

f) . The company has not received any fund from any person(s) or

entity(ies), including foreign entities (Funding Party) with the
understanding (whether recorded in writing or otherwise) that the
company shall:

i) directly or indirectly lend or invest in other persons or entities identified in
any manner whatsoever by or on behalf of the Funding Party (Ultimate
Beneficiaries) or

ii) provide any guarantee, security or the like on behalf of the ultimate
beneficiaries.

g) . The Company does not have any transactions with struck off

companies.

h) . The Company does not have any charges or satisfaction which is yet to be

registered with ROC beyond the statutory period.

i) . The Company has complied with the number of layers prescribed under

clause (87) of section 2 of the Act read with the Companies.

(Restriction on number of Layers) Rules, 2017

j) . For the year ended March 31, 2026, the company is not required to

transfer any amount into the Investor Education & Protection Fund.

k) . The differences between the quarterly return of inventories and receivables

submitted to the banks and the books of account, did not affect the
requiredsecurity cover computed in accordance with the sanctioned
terms.

l) . The Company has granted loans or advances in the nature of loans to

related parties (as defined under the Companies Act, 2013), which are
repayable on demand and/or without specifying any terms or period of
repayment. The details of such loans outstanding as at the balance sheet
date are as follows:

m) . No Scheme of Arrangements has been approved by the Competent

Authority in terms of sections 230 to 237 of the Companies Act,
2013.

n) . The company has not revalued its property, plant and equipment

(including right-of-use assets) or intangible assets or both during the
current or previous year.

o). All the title deeds of immovable properties included in property, plant and
equipment are held in the name of the Company.

Note 44:

The Company has used accounting software during the year which has the
audit trail feature enabled throughout the year. Post publication of ICAI
implementation guide in February 2024, direct database level changes were
also included in audit trail scope, which was not enabled for application used for
maintaining books of accounts.

Note 45:

Previous year''s figures have been regrouped, wherever necessary, to confirm
to current year''s grouping.

Note 46:

The financial statements were approved by the board of directors on May 13,
2026.

Mar 31, 2025

Contingent Liabilities not provided for and commitments		(In Rupees)
Nature of Contingent Liability	March 31, 2025	March 31,2024
i. Unexpired guarantees issued on behalf of the company by Banks for which the Company has provided counter guarantee	Nil	Nil
ii. Bills discounted with banks which have not matured	Nil	Nil
iii. Corporate Guarantees issued by Company on behalf of others to Commercial Banks & Financial Institutions	Nil	Nil
iv. Collateral Securities offered to Banks for the limit Sanctioned to others	Nil	Nil
v. Legal Undertakings given to Customs Authorities for clearing the imports	Nil	Nil
vi. Claims against the company not acknowledged as debts	Nil	Nil
a. Excise	Nil	Nil
b. Sales Tax	Nil	Nil
c . Service Tax	Nil	Nil
d. Income Tax	Nil	Nil
e. Civil Proceedings	Nil	Nil
f. Company Law Matters	Unascertainable	Unascertainable
g . Crim inal Proceedings	Unascertainable	Un ascertainable
h. Others	Nil	Nil
vii. Estimated amounts of contracts remaining to be executed on Capital Account and not provided for	Nil	Nil

2.21 Prior Period and Extraordinary and Exceptional Items:

(i) All Identifiable items of Income and Expenditure pertaining to prior period are accounted through â''Prior Period Items''''.

(ii) Extraordinary items are income or expenses that arise from events or transactions that are clearly distinct from the ordinary activities of the enterprise and, therefore, are not expected to recur frequently or regularly. The nature and the amount of each extraordinary item be separately disclosed in the statement of profit and loss in a manner that its impact on current profit or loss can be perceived.

(iii) Exceptional items are generally non-recurring items of income and expenses within profit or loss from ordinary activities, which are of such, nature or incidence.

2.22 Financial Instruments (Ind AS 107 Financial Instruments: (Disclosures)I. Financial assets:

A. Initial recognition and measurement

All financial assets and liabilities are initially recognized at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities, which are not at fair value through profit or loss, are adjusted to the fair value on initial recognition.

a) Financial assets carried at amortized cost (AC)

A financial asset is measured at amortized cost if it is held within a business model whose objective is to hold the asset in order to collect contractual cash flows and the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

b) Financial assets at fair value through profit or loss (FVTPL)

A Financial asset which is not classified as AC or FVOCI are measured at FVTPL e.g. investments in mutual funds. A gain or loss on a debt investment that is subsequently measured at fair value through profit or loss is recognised in profit or loss and presented net in the Statement of Profit and Loss within other gains/(losses) in the period in which it arises.

c) Financial assets at fair value through other comprehensive income (FVTOCI)

A financial asset is measured at FVTOCI if it is held within a business model whose Objective is achieved by both collecting contractual cash flows and selling financial assets and the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

B. Investments in subsidiaries

The Company does not have any subsidiaries as at the reporting date.

Accordingly, the requirements relating to accounting for investments in subsidiaries at cost or fair value are not applicable for the year.

II. Financial LiabilitiesA. Initial recognition

All financial liabilities are recognized at fair value.

B. Subsequent measurement

Financial liabilities are carried at amortized cost using the effective interest method. For trade and other payables maturing within one year from the balance sheet date, the carrying amounts approximate fair value due to the short maturity of these instruments.

2.23 Operating Segments (Ind AS 108)

Operating segment is a component of an entity:

a. That engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity).

b. Whose operating results are regularly reviewed by the entity''s chief operating decision maker to make decision about resources to be allocated to the segments and assess its performance, and

c. For which discrete financial information is available.

The Company is engaged in a single line of business of providing copacking services in the beverage industry. Hence IND AS 108 is not applicable.

2.24 Events After the Reporting Period (Ind AS-10)

Events after the reporting period are those events, favorable and unfavorable, that occur between the end of the reporting period and the date on which financial statements are approved by the Board of Directors in case of accompany, and, by the corresponding approving authority in case of any other entity for issue. Two types of events can be identified:

a. Those that provide evidence of conditions that existed at the end of the reporting period (adjusting events after the reporting period) and

b. Those that are indicative of conditions that arose after the reporting period (non-adjusting events after the reporting period).

An entity shall adjust the amounts recognized in its financial statements to reflect adjusting events after the reporting period.

2.25 Construction Contracts (Ind AS -11):

Construction contract is a contract specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms of their design, technology, and function or their ultimate purpose or use.

The company does not have any construction contracts for the year ended.

2.26 Income Taxes (Ind AS 12)

Tax Expense for the period comprises of current and deferred tax.

â¢ Current Tax:

The Company has incurred losses during the financial year and, accordingly, no provision for current income tax has been made in the books for the year ended [insert date]. As per the applicable provisions of the Income-tax Act, 1961, no taxable income arises for the current financial year, and therefore, no current tax liability is recognized.

â¢ Deferred Taxes:

Deferred tax liabilities are recognized for all timing differences. Deferred tax assets are recognized for deductible timing differences only to the extent that there is reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realized. In situations where the Company has unabsorbed depreciation or carry forward tax losses, all deferred tax assets are recognized only if there is virtual certainty supported by convincing evidence that they can be realized against future taxable profits.

At each reporting date, the Company re-assesses unrecognized deferred tax assets. It recognizes unrecognized deferred tax asset to the extent that it has become reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be available against which such deferred tax assets can be realized.

The carrying amount of deferred tax assets are reviewed at each reporting date. The Company writes-down the carrying amount of deferred tax asset to the extent that it is no longer reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be available against which deferred tax asset can be realized. Any such write-down is reversed to the extent that it becomes reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be available.

2.27 Recent accounting pronouncements

The Ministry of Corporate Affairs (MCA) has issued the Companies (Indian Accounting Standards) (Amendment) Rules, 2024:

Ind AS 117 - Insurance Contracts, which replaces the interim Ind AS 104 and introduces comprehensive requirements on measurement and disclosures aligned with IFRS 17.

Amendments are made to Ind AS 101, 103, 105, 107, 109, 115, 116 which are necessary to align them with the newly issued to reflect the issuance of Ind AS 117, including scope adjustments, transition provisions and disclosure enhancements.

These changes are effective for accounting periods beginning on or after 1 April 2024.

The Company has assessed their impact and concluded that, they have no material effect on the financial statements.

30. Consolidated and Separate Financial Statement (Ind AS 27):

The company has no subsidiary companies for the current reporting period. Hence consolidate and separate financial statement are not applicable.

31. Investments in Associates (Ind AS 28):

The company has not made any investments in any of its associates during the reporting period. This accounting standard has no financial impact on the financial statements for the current reporting period.

32. Interest in Joint Ventures (Ind AS 31):

The company has no interest in any Joint ventures. This accounting standard has no financial impact on the financial statements for the current reporting period.

33. Derivative instruments and un-hedged foreign currency exposure:

a) There are no outstanding derivative contracts as at March 31,2025 and March 31,2024.

b) Particulars of Un-hedged foreign currency exposure is: Nil

34. Secured Loans:

The company has availed secured term loans and working capital loans from Axis bank by offering primary/ Collateral security of company''s factory land and machinery, current assets of the company and assets owned by Director Pabbathi Badari Narayana Murthy & his spouse smt. Pabbathi Siva ranta Mahalakshmi prasanna the details are as under:

â¢ Term loan I & Term loan II: Total limits: Rs. 2400 Lakhs and outstanding as on 31.03.2025 is Rs. 1938 Lakhs.

â¢ Working capital Cash credit limit is Rs. 500 Lakhs and outstanding as on 31.03.2025 is Rs. 469 Lakhs.

Primary securities offered to bank:

â¢ Entire current assets of the company.

â¢ EM of factory land and building to the extent of 2.425 acres at SY No''s 36/34/B, Kallem village, Lingala Ghanput Mandal, Janagoan Dst, Telangana, Pincode: 506201 owned by Arun jyoti Bio Ventures limited and Pabbathi Siva Ranta Mahalakshmi Prasanna.

â¢ EM of factory land and building to the extent of 3.53 acres at Annadevarapet village, Tallapudi Mandal, East Godavari dst., Andhrapradesh in the name of Arunjyoti Bio ventures Limited.

Collateral securities offered to bank:

â¢ Extension of EM on the commercial property flat No 604B, 6th floor, Jain sadguru capital park, Image Gardens road, Madhapur, Hyderabad owned by Pabbathi Siva ranta Malakshmi prasanna and Pabbathi Dhatvik.

â¢ Em of residential flat No: 500, 5th floor, Burlingame building, Sy No: 1009/B, Kukatpally village, Hyderabad owned by P. Badari Narayana Murthy and Pabbathi Siva ranta Malakshmi prasanna.

â¢ EM open residential plot No: 164, Shilpa nature avenue, Gudur village, Kandukur Mandal, Ranga reddy district owned by Pabbathi Siva ranta Malakshmi prasanna.

Further, Personally Guarranteed by Pabbathi Badari Narayana Murthy,

Pabbathi Siva ranta Malakshmi prasanna and Pabbathi Dhatvik.

Furthur, Corporate guarantee issued by MSRM International trading pvt. Ltd

to Axis bank.

35. Confirmation of Balances:

Confirmation letters have been issued by the company to Trade Receivables, Trade Payables, Advances to suppliers and others advances requesting that the confirming party responds to the company only if the confirming party disagrees with the balances provided in the request and however the company has not received any letters on disagreements.

** During the year, the Company has made a rights issue of 1,65,67,200 equity shares of Rs.10 each at a premium of Rs. 10 per share, aggregating to Rs. 20 per share with rights issue value of Rs. 33,13,44,000 including premium. The deemed date of allotment is on April 20, 2024.

** During the quarter ended 31 March 2025, the company made the stock split as on 17 January 2025 from the face value of the Rs. 10 per share to Rs. 1 per share and hence the earning per share was recalculated for all the reporting periods as per "Ind AS-33 Earning Per Shareâ. Consequently, the number of shares becomes to 18,63,81,000 from 1,86,38,100 for EPS purpose for all the reporting periods in the results. The number of ordinary shares outstanding before the event is adjusted for the proportionate change in the number of ordinary shares outstanding as if the event had occurred at the beginning of the earliest period presented.

41. Details of Loans given, Investments made and Guarantee given covered Under Section 186(4) of the Companies Act, 2013.

The company has not extended any Corporate Guarantees in respect of loans availed by any company/firm as at March 31,2025

The information has been given in respect of such vendors to the extent they could be identified as micro and small enterprises on the basis of information available with company.

44. Financial Risk Management

In course of its business, the company is exposed to certain financial risk such as market risk (Including currency risk and other price risks), credit risk and liquidity risk that could have significant influence on the companyâs business and operational/financial performance. The Board of directors reviews and approves risk management framework and policies for managing these risks and monitor suitable mitigating actions taken by the management to minimize potential adverse effects and achieve greater predictability to earnings.

45. Credit Risk

Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in financial loss to the company. The company has adopted a policy of only dealing with creditworthy counterparties and obtaining sufficient collateral, where appropriate, a means of mitigating the risk of financial loss from defaults.

The company makes an allowance for doubtful debts/advances using expected credit loss model.

46. Liquidity risk

Liquidity risk refers to the risk that the company cannot meet its financial obligations. The objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as pre requirements. The Companyâs exposure to liquidity risk is minimal as the promoters of the company is infusing the funds based on the requirements.

47. Amounts have been rounded off to nearest Lakhs.

Notes 3 to 47 forms part of Balance Sheet and have been authenticated

Mar 31, 2024

Contingent Liabilities not provided forand commitments (In Lakhs)

Nature of Contingent Liability	March 31, 2024	March 31, 2023
i. Unexpired guarantees issued on behalf of the company by Banks for which the Company has provided counter guarantee	Nil	Nil
ii. Bills discounted with banks which have not matured	Nil	Nil
iii. Corporate Guarantees issued by Company on behalf of others to Commercial Banks & Financial Institutions	Nil	Nil
iv. Collateral Securities offered to Banks for the limit Sanctioned to others	Nil	Nil
v. Legal Undertakings given to Customs Authorities for clearing the imports	Nil	Nil
vi. Claims against the company not acknowledged as debts
a. Excise	Nil	Nil
b. Sales Tax	Nil	Nil
c. Service Tax	Nil	Nil
d. Income Tax	Nil	Nil
e. Civil Proceedings	Nil	Nil
f. Company Law Matters	Unascertainable	Unascertainable
g. Criminal Proceedings	Unascertainable	Unascertainable
h. Others	Nil	Nil
vii. Estimated amounts of contracts remaining to be executed on Capital Account and not provided for	Nil	Nil

2.21 Prior Period and Extraordinary and Exceptional Items:

(i) All Identifiable items of Income and Expenditure pertaining to prior period are accounted through ââPrior Period Itemsâ.

(iii) Exceptional items are generally non-recurring items of income and expenses within profit or loss from ordinary activities, which are of such, nature or incidence.

2.22 Financial Instruments (Ind AS 107 Financial Instruments: (Disclosures)I. Financial assets:

A. Initial recognition and measurement

a) Financial assets carried at amortized cost (AC)

b) Financial assets at fair value through profit or loss (FVTPL)

c) Financial assets at fair value through other comprehensive income (FVTOCI)

B. Investments in subsidiaries

The Company has accounted for its investments in subsidiaries at cost and not adjusted to fair value at the end of each reporting period. Cost represents amount paid for acquisition of the said investments.

II. Financial LiabilitiesA. Initial recognition

All financial liabilities are recognized atfair value.

B. Subsequent measurement

Financial liabilities are carried at amortized cost using the effective interest method. Fortrade and other payables maturing within one year from the balance sheet date, the carrying amounts approximate fair value due to the short maturity of these instruments.

2.23 Operating Segments (Ind AS 108)

Operating segment is a component of an entity:

a. That engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity).

b. Whose operating results are regularly reviewed by the entity''s chief operating decision maker to make decision about resources to be allocated to the segments and assess its performance, and

c. For which discrete financial information is available.

The company is in the business Infrastructure. HenceINDAS 108 is not applicable.

2.24 Events After the Reporting Period (Ind AS-10)

a. Those that provide evidence of conditions that existed at the end of the reporting period (adjusting events after the reporting period) and

b. Those that are indicative of conditions that arose after the reporting period (non-adjusting events afterthe reporting period).

An entity shall adjust the amounts recognized in its financial statements to reflect adjusting events afterthe reporting period.

2.25 Construction Contracts (Ind AS -11):

The company does not have any construction contracts for the year ended.

2.26 Income Taxes (Ind AS 12)

Tax Expense for the period comprises of current and deferred tax.

â¢ Current Tax:

Current Tax on Income is determined and provided on the basis of taxable income computed in accordance with the provisions of the Income Tax Act, 1961.

In the year in which âMinimum Alternative Tax â(MAT) on book profits is applicable and paid, eligible MAT credit equal to the excess of MAT paid over and above the normally computed tax, is recognized as an asset to be carried forward for set off against regular tax liability when it is probable that future economic benefit will flow to the Company within the MAT credit Entitlement period as specified under the provisions of Income Tax Act, 1961.

2.27 Retirement and other Employee Benefits:

Retirement benefit in the form of provident fund is a defined contribution scheme. The Company has no obligation, other than contribution payable to the provident fund. The Company recognizes contribution payable to the provident fund scheme as expenditure, when an employee renders related service.

Gratuity liability is a defined benefit obligation and the cost of providing the benefits under this plan is determined on the basis of actuarial valuation at each year-end. Actuarial valuation is carried out for this plan using the projected unit credit method. Actuarial gains and losses for defined benefits plan is recognized in full in the period in which they occur in the statement of profit and loss.

Accumulated leave, which is expected to be utilized within the next 12 months, is treated as short term employee benefit. The Company measures the expected cost of such absences as the additional amount that it expects to pay as a result of the unused entitlement that has accumulated at the reporting date.

The Company treats accumulated leave expected to be carried forward beyond twelve months, as long-term employee benefit for measurement purposes. Such long-term compensated absences are provided for based on the actuarial valuation using the projected unit credit method at the year-end. Actuarial gains/losses are immediately taken to the statement of profit and loss and are not deferred. The Company presents the leave as a current liability in the balance sheet, to the extent it does not have an unconditional right to defer its settlement for 12 months after the reporting date.

New and Amended Standards

2.28 Amendmentto Ind AS 116: COVID-19 Related Rent Concessions:

The amendments provide relief to lessees from applying Ind AS 116 guidance on lease modification accounting for rent concessions arising as a direct consequence of Covid-19 pandemic. As a practical expedient, a lessee may elect not to access whether a Covid-19 related rent concession from a lessor is lease modification. A lessee that makes this election accounts for any change in lease payments resulting from COVID-19 related rent concession the same way it would account for the changes under Ind AS 116, if changes were not lease modifications. This Amendment had no impact on the standalone financial statements of the Company.

2.29 Amendmentto Ind AS 1 and Ind AS 8: Definition of material:

The Amendments provide a new definition of material that states âinformation is material if omitting, misstating or obscuring it is reasonably be expected to influence decisions that the primary uses of general purpose financial statements make on the basis of those financial statements, which provide financial information about specific reporting entityâ. The amendments clarify that materiality will depend on the nature of magnitude of information, either individually or in combination with other information, in the context of the financial year statements. A misstatement of information is material if it could reasonably be expected to influence decisions made by the primary users. These amendments had no impact on standalone financial statements of the company.

2.30 Amendment to Ind AS 107 and Ind AS 109: Interest Rate Benchmark Reform:

The amendments to Ind AS 109 Financial Instruments: Recognition and Measurements provide number of reliefs, which apply to all hedging relationships that are directly affected interest rate benchmark

reform. A hedging relationship is affected if the reform gives raise to uncertainty about the timing and/or amount of bench mark -based cash flow of hedging items or hedging instrument. These amendments have no impact on the standalone financial statements of the company as it does not have any interest rate hedge relation.

The amendment to Ind AS 107 prescribe the disclosure which entities are required to make for hedging relationship to which the reliefs as per the amendments in Ind AS 109 are apply. This amendment had no impact on the standalone financial statement of the company.

c. Terms / rights attached to equity 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 shareholdings.

d. Shares reserved for issue underwriter options

e. Detail of Rights Issues

f. details of shares held by Holding/Ultimatley Holding Company

g. Details of shares issued for consideration other than cash

30. Consolidated and Separate Financial Statement (Ind AS 27):

The company has no subsidiary companies for the current reporting period. Hence consolidate and separate financial statement are not applicable.

31. Investments in Associates (Ind AS 28):

32. Interest in Joint Ventures (Ind AS 31):

The company has no interest in any Joint ventures. This accounting standard has no financial impact on the financial statements for the current reporting period.

33. Derivative instruments and un-hedged foreign currency exposure:

a) There are no outstanding derivative contracts as at March 31,2024 and March 31,2023.

b) Particulars of Un-hedged foreign currency exposure is: Nil

34. Secured Loans:

There are no Secured loans for the reporting period.

35. Confirmation of Balances:

The information has been given in respect of such vendors to the extent they could be identified as micro and small enterprises on the basis of information available with company.

44. Financial Risk Management

In course of its business, the company is exposed to certain financial risk such as market risk (Including currency risk and other price risks), credit risk and liquidity risk that could have significant influence on the company''s business and operational/financial performance. The Board of directors reviews and approves risk management framework and policies for managing these risks and monitor suitable mitigating actions taken by the management to minimize potential adverse effects and achieve greater predictability to earnings.

45. Credit Risk

The company makes an allowance for doubtful debts/advances using expected credit loss model.

46. Liquidity risk

47. Amounts have been rounded off to nearest Rupee.

48. Notes 3 to 47 forms part of Balance Sheet and have been authenticated

Mar 31, 2023

Contingent Liabilities not provided for and commitments (In Rupees)

N ature of Cont ingen t Liability	March 31, 2023	March 31, 2022
i. Unexp ired guarantees issued onbehalf of the compa ny by Banks for which the Company has pro vided counter guarantee	Nil	Nil
ii. Bills discounted with ban ksw hich have not matured	Nil	Nil
iii. Corporate Guarantees i ssued byCompany on behalf of others to Commercial Banks & Financial Institutio ns	Nil	Nil
iv. Collatera l Securities offered toBanks for the limit Sanctioned to others	Nil	Nil
v. Legal Undertaki ngs give n to Customs Authorities for clearin g the imports	Nil	Nil
vi. Claims against the company nota cknowledg ed as debts
a. Excise	Nil	Nil
b. Sales Tax	Nil	Nil
c. Service Tax	Nil	Nil
d. Income Tax	Nil	Nil
e. Civil Proceedings	Nil	Nil
f. Company Law Matters	Unascertainable	Unas certainabl e
g . Criminal Proceedings	Unascertainable	Unas certainabl e
h. Others	Nil	Nil
vii. Estimated amounts of contracts remaining to be executed on Capital Accou nt and not provided for	Nil	Nil

Prior Period and Extraordinary and Exceptional Items:

(i) All Identifiable items of Income and Expenditure pertaining to prior period are accounted through â''Prior Period Items''''.

(iii) Exceptional items are generally non-recurring items of income and expenses within profit or loss from ordinary activities, which are of such, nature or incidence.

Financial Instruments (Ind AS 107 Financial Instruments: (Disclosures)

I. Financial assets:

A. Initial recognition and measurement

a) Financial assets carried at amortized cost (AC)

b) Financial assets at fair value through profit or loss (FVTPL)

c) Financial assets at fair value through other comprehensive income (FVTOCI)

financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

B. Investments in subsidiaries

II. Financial Liabilities

A. Initial recognition

All financial liabilities are recognized at fair value.

B. Subsequent measurement

Operating Segments (Ind AS 108)

Operating segment is a component of an entity:

a. That engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity).

b. Whose operating results are regularly reviewed by the entity''s chief operating decision maker to make decision about resources to be allocated to the segments and assess its performance, and

c. For which discrete financial information is available.

The company is in the business Infrastructure. Hence IND AS 108 is not applicable.

Events After the Reporting Period (Ind AS-10)

a. Those that provide evidence of conditions that existed at the end of the reporting period (adjusting events after the reporting period) and

b. Those that are indicative of conditions that arose after the reporting period (non-adjusting events after the reporting period).

An entity shall adjust the amounts recognized in its financial statements to reflect adjusting events after the reporting period.

Construction Contracts (Ind AS -11):

The company does not have any construction contracts for the year ended.

Income Taxes (Ind AS 12)

Tax Expense for the period comprises of current and deferred tax.

â¢ Current Tax:

Current Tax on Income is determined and provided on the basis of taxable income computed in accordance with the provisions of the Income Tax Act, 1961.

â¢ Deferred Taxes:

Amendment to Ind AS 116: COVID -19 Related Rent Concessions:

Amendment to Ind AS 1 and Ind AS 8: Definition of material:

Amendment to Ind AS 107 and Ind AS 109: Interest Rate Benchmark Reform:

The amendments to Ind AS 109 Financial Instruments: Recognition and Measurements provide number of reliefs, which apply to all hedging relationships that are directly affected interest rate benchmark reform. A hedging relationship is affected if the reform gives raise to uncertainty about the timing and/or amount of bench mark -based cash flow of hedging items or hedging instrument. These amendments have no impact on the standalone financial statements of the company as it does not have any interest rate hedge relation.

c. Terms / rights attached to equity Shares

d. Shares reserved for issue underwriter options

e. Detail of Rights Issues

f. details of shares held by Holding/Ultimatley Holding Company

g. Details of shares issued for consideration other than cash

h. Shares in the company held by each shareholder holdin g m o re t h a n 5 percent

30. Consolidated and Separate Financial Statement (Ind AS 27):

The company has no subsidiary companies for the current reporting period. Hence consolidate and separate financial statement are not applicable.

31. Investments in Associates (Ind AS 28):

32. Interest in Joint Ventures (Ind AS 31):

The company has no interest in any Joint ventures. This accounting standard has no financial impact on the financial statements for the current reporting period.

33. Derivative instruments and un-hedged foreign currency exposure:

a) There are no outstanding derivative contracts as at March 31,2023 and March 31,2022.

b) Particulars of Un-hedged foreign currency exposure is: Nil

34. Secured Loans:

There are no Secured loans for the reporting period.

35. Confirmation of Balances:

36. Net Current Assets:

41. Details of Loans given, Investments made and Guarantee given covered Under Section 186(4) of the Companies Act, 2013.

The company has not extended any Corporate Guarantees in respect of loans availed by any company/firm as at March 31,2023

44. Financial Risk Management

45. Credit Risk

Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in financial loss to the company. The company has adopted a policy of only dealing with creditworthy counter parties and obtaining sufficient collateral, where appropriate, a means of mitigating the risk of financial loss from defaults.

The company makes an allowance for doubtful debts/advances using expected credit loss model.

46. Liquidity risk

47. Amounts have been rounded off to nearest Rupee.

48. Notes 3 to 47 forms part of Balance Sheet and have been authenticated

Mar 31, 2015

Not available

Mar 31, 2014

1. Contingent Liabilities : Nil

2. The Company has no Subsidiaries.

3. Directors Remuneration: Rs. 96,000/-

4. The Company''s Loans and Advance are other than Hire Purchase Advances.

5. Auditors Remuneration : Rs. 30,000/- (Last Year: Rs. 70,000/-)

6. Earnings per share:

In determining earnings per share, the company considers the net profit after tax and includes the past tax effect of any extraordinary/exceptional item.

13. Dues to micro and small-scale industrial undertakings As at March 31, 2014 as per available information with the company, there are no dues to small scale Industrial Undertakings.

14. Related party transactions:

As per As-18 issued by The Institute of Chartered Accountants of India, the disclosures of transactions with the related parties as defined in the Accounting Standard are NIL.

15. There were no employees in respect of remuneration of Rs. 24,00,000/- or more per annum or Rs. 2,00,000/- or more per month, if employed for part of the year.

16. Additional information pursuant paragraphs 3, 4C and 4D of part II of schedule of VI of the companies Act, 1956 is not applicable to the Company.

17. Financial figures have been rounded off to nearest rupee.

18. Notes 1 to 24 form part of Balance Sheet and have bee authenticated.

Mar 31, 2012

1. Contingent Liabilities: Nil

2. Directors Remuneration: Rs.3,00,000/- (Last Year: Rs.2,95,000/-)

3. No outstanding amounts payable to micro, small and medium enterprises.

4. Segment information:

Revenue of the company comes from a single segment of finance and investment activities, as also economic environment in the whole of country is one, Segment Reporting as required under Accounting Standard Â 17 has not been given.

5. As on 31st March 2012 cumulative provision for Sub Standard and Doubtful Assets amounted to NIL-. During the year an amount of Rs.-NIL.

6. Auditors Remuneration: Rs.70,000 (Last Year:70,000)

7. Expenditure and Earnings in Foreign Currency : Nil(Previous Year : Nil)

8. There are no amounts due to be credited to: "Investors Education and Protection Fund" as on 31st March 2012.

9. Related party transactions:

As per AS-18 issued by the Institute of Chartered Accountants of India, the disclosures of transactions with the related parties as defined in the Accounting Standard are NIL

10. Paise have been rounded off to the nearest rupee.

11. Figures for the previous year are regrouped and rearranged, wherever necessary.

Mar 31, 2011

1. Contingent Liabilities:

There are no Contingent liabilities as on date.

2. Directors Remuneration: 2,95,000/-.

3. The Company's Loans and Advance are other than Hire Purchase Advances.

4. The Company has no Subsidiaries.

5. Loans due from relatives of Directors: Nil

6. No outstanding amounts payable to micro, small and medium enterprises.

7. Segment information:

Revenue of the company comes from a single segment of finance and investment activities, as also economic environment in the whole of country is one, Segment Reporting as required under Accounting Standard - 17 has not been given.

8. As on 31st March 2011 cumulative provision for Sub Standard and Doubtful Assets amounted to NIL-. During the year an amount of Rs.- NIL.

9. Number of Non Resident Indian Shares Holders : 0

10. Expenditure and Earnings in Foreign Currency : Nil(Previous Year : Nil)

11. There are no amounts due to be credited to: "Investors Education and Protection Fund as on 31st March 2011.

12. Related party transactions:

As per AS-18 issued by the Institute of Chartered Accountants of India, the disclosures of transactions with the related parties as defined in the Accounting Standard are NIL

13. Poise have been rounded off to the nearest rupee.

14. Figures for the previous year are regrouped and rearranged, wherever necessary.

Mar 31, 2010

1. The company is engaged in the business of trading in equities and commodities. Such businesses are not capable of being expressed in any generic unit. Hence the quantitative details as required under the Companies Act 1956 have not been furnished.

2. During the year 235300 partly paid equity shares are fully paid up on receipt of allotment money of Rs. 17,64,750/-.

3. During the year company has purchased 10,000 equity shares of Rs.10/- each representing 100% of the Equity Share Capital of Harvy Stock Trade Private Limited for a consideration of Rs. 19,20,000/-. We were informed that the said value was adopted based on the valuation reported submitted by Chartered Accountant.

4. Undisputed liability under the Income Tax act 1961 amounting to Rs. 10,000/- pertaining to the year 2002 - 2003 has not been provided for in the books of accounts of the company

5. Auditors remuneration for the year : Rs.20,000/- (Previous year : Rs. 10,000/-)

6. Previous years figures have been regrouped and rearranged wherever necessary.

7. In the opinion of the management all the current assets including loans and advances would in the normal course of business be realized at the value stated.

8. Balances appearing under Sundry Debtors, Creditors and loans and advances are subject to confirmation and or reconciliation, if any.

9. During the year Mr. K Ravi Kumar Director and Company Secretary was paid a sum of Rs. 1,80,000/- as remuneration.

10. During the year the company has transacted business with Mr. Hemraj Baid and he is on the board of Century 21st Portfolio Limited and Harvy Srock Trade Private Limited. The company has also transacted business with other companies during the year in which Mr. Hemraj Baid is interested either as a share holder or as a director.

11. During the year the company has forfeited 9,33,500 partly paid equity shares. Concerned stock exchanges were informed. We were explained that the entries in the books of accounts would be put through on reconciliation.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article