Notes to Accounts of BEW Engineering Ltd.

Mar 31, 2025

Note 2.2 : The Company has only one class of equity shares. Each holder of equity shares is entitled to one vote per share.

Note 2.3 : There is a fresh preferential issue of 3,56,164 equity shares of '' 10 each at premium of '' 1530/- per share during the year on 7th May, 2024.

Note 2.4: There is a Bonus issue of 98,04,993 equity shares of '' 10 each in the ratio of 3:1 share during the year on 15th October, 2024.

Note 2.5 : There is change in the number of shares outstanding at the beginning and at the end of the year due preferential issue of 3,56,164 equity shares & Bonus issue of 98,04,993 Equity Shares during the year.

Note 7.1 : Steps have been taken to identify the suppliers who qualify under the definition of micro and small enterprises, as defined under the Micro, Small and Medium Enterprises Development Act 2006. Since no intimation has been received from the suppliers regarding their status under the said Act; as at 31st March 2025, disclosures relating to amounts unpaid as at the year end, if any, have not been furnished. In the opinion of the management, the impact of interest, if any, that may be payable in accordance with the provisions of the Act, is not expected to be material.

29. The Company does not have any transactions with companies struck off.

30. The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

31. The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

32. The Company does not have any such 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 her relevant provisions of the Income Tax Act, 1961.

33. No funds have been advanced or loaned or invested (either from borrowed funds or securities premium or any other sources or kind of funds) by the Company to or in any person(s) or entity(ies), including foreign entities (‘the intermediaries’), with the understanding, whether recorded in writing or otherwise, that the intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (‘the Ultimate Beneficiaries’) or provide any guarantee, security or the like on behalf the Ultimate Beneficiaries.

34. No funds have been received by the Company from any person(s) or entity(ies), including foreign entities (‘the Funding Parties’), with the understanding, whether recorded in writing or otherwise, that the Company shall, whether 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 provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

35. The Company has not declared or paid any dividend during the year ended 31 March 2025.

36. The Figures for the period ended March 31, 2024 have been, regrouped and / or re-arranged wherever necessary to conform to the classification adopted in the year ended March 31, 2025.

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Mar 31, 2024

17. Contingent Liabilities:

No provision is made for liabilities which are contingent in nature but, if material, the same are disclosed by way of notes to the accounts.

19. Earning Per Shares:

In accordance with Accounting Standard-20 "Earning per Share” issued by the Institute of Chartered Accountants of India, Basic earning per shares is computed by using weighted average number of shares outstanding during the year.

20. Foreign Exchange Earnings:

Foreign exchange earnings during the year amount to '' 8,57,32,900/- from export Sale during the year, however Advance receipt of '' 2,51,48,561/- against future Exports. Purchase/Expenditure in foreign currency during the year amount to '' 4,02,28,362/-.

21. Previous year figures are re-grouped and re-classified wherever necessary Figures in the bracket indicates figures for the Previous Year.

22. 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.

23. In the opinion of the board, unless otherwise stated in the Balance Sheet and schedules attached thereto, the current assets and loans and advances as stated in the balance sheet are approximately of the value realisable in the ordinary course of business and provisions for all known liabilities for the period have been made in the books of accounts of the company.

24. 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.

25. According Polices not specifically referred to are consistent with generally accepted Accounting Practices.

For & On Behalf of the Board

For J N GUPTA & CO. LLP BEW ENGINEERING LIMITED

Chartered Accountants

ICAI F.R.No. 006569C/W100892

CA Jagdish N Gupta Prakash Lade Rohan Lade

Partner Chairman Managing Director

M.No.: 400438 DIN : 02122493 DIN : 00460811

Date:- 13-05-2024 Date:- 13-05-2024

Place:- Mumbai Place:- Mumbai

Date:- 13-05-2024 Yogesh K. Darekar Bhavna Dwarkadas Kukreja

Place:- Mumbai Chief Financial Officer Company Secretary

Date:- 13-05-2024 Date:- 13-05-2024

Place:- Mumbai Place:- Mumbai

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Mar 31, 2023

17. Contingent Liabilities:

No provision is made for liabilities which are contingent in nature but, if material, the same are disclosed by way of notes
to the accounts.

18. Earning Per Shares:

In accordance with Accounting Standard-20 "Earning per Share” issued by the Institute of Chartered Accountants of
India, Basic earning per shares is computed by using weighted average number of shares outstanding during the year.

19. Foreign Exchange Earnings:

Foreign exchange earnings during the year amount to '' 20,99,39,003/- from export Sale during the year, however
Advance receipt of '' 99,84,107/- against future Exports.

Purchase/Expenditure in foreign currency during the year amount to '' 5,31,62,903/-

20. Previous year figures are re-grouped and re-classified wherever necessary Figures in the bracket indicates figures for
the Previous Year.

21. 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.

22. In the opinion of the board, unless otherwise stated in the Balance Sheet and schedules attached thereto, the current
assets and loans and advances as stated in the balance sheet are approximately of the value realisable in the ordinary
course of business and provisions for all known liabilities for the period have been made in the books of accounts of the
Company.

23. 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.

24. According Polices not specifically referred to are consistent with generally accepted Accounting Practices

As per our report of even date For & On Behalf of the Board

For J N GUPTA & CO. LLP BEW ENGINEERING LIMITED

Chartered Accountants

ICAI F.R.No. 006569C/W100892

CA Radheyshyam Agarwal Prakash Lade Rohan Lade

Partner Chairman Managing Director

M.No.: 603496 DIN : 02122493 DIN : 00460811

Date:- 03-05-2023 Date:- 03-05-2023 Date:- 03-05-2023

Place:- Mumbai Place:- Mumbai Place:- Mumbai

UDIN:

Yogesh K. Darekar Prasad Khopkar

Chief Financial Officer Company Secretary

Date:- 03-05-2023 Date:-03-05-2023

Place:- Mumbai Place:- Mumbai