Notes to Accounts of B.R.Goyal Infrastructure Ltd.

Mar 31, 2025

B. Terms/rights attached to equity shares

The Company has only one class of equity shares having a par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the Company, the holders of the equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

As per records of the Company, including its register of shareholders/members and other declarations received from shareholders regarding beneficial interest, the above shareholding represents both legal and beneficial ownership of shares.

D. Details of Promoters shareholding in company

Equity shares of Rs. 10 each fully paid-up

a. Loan from Bank under Vehicle Finance Scheme amounting to Rs. 3500.83 Lakhs (Outstanding Balance Rs. 1905.46 Lakhs) is secured by an exclusive charge by way of hypothecation of vehicle purchased under said scheme is repayable in 36-48 Equal Monthly Installments (EMIs).

b. Term Loan from Bank amounting to Rs. 2240 lakhs (Outstanding Balance Rs. 1100 Lakhs) is secured by Lien of BG is repayable in 12-48 Equal Monthly Installments (EMIs).

a. Cash Credits and Stand by Line of Credit (SLC) under consortium from Banks is secured by hypothecation of raw materials, stocks in process, finished goods, consumable stores and spares and receivables excluding fixed asset (land) which is treated as inventory and held for sale. The CC and SLC is secured by the collateral security of the properties and personal guarantee by Mr. Bal Krishna Goyal, Mr. Rajendra Kumar Goyal, Mr. Brij Kishore Goyal, Mr. Gopal Goyal, Mrs. Usha Goyal, Mrs. Vinita Goyal and Mrs. Sarla Goyal.

b. DOD facility limit from Banks is secured by the collateral security of the property and personal guarantee by Mr. Bal Krishna Goyal, Mr. Rajendra Kumar Goyal, Mr. Brijkishore Goyal, Mr. Gopal Goyal, Mrs. Usha Goyal, Mrs. Vinita Goyal and Mrs. Sarla Goyal.

(i) Details Of Dues To Micro And Small Enterprises As Defined Under The MSMED Act, 2006

The identification of Micro, Small and Medium enterprises is based on the management''s knowledge of their status. The Company has received intimations from the following suppliers regarding their status under "The Micro, Small and Medium Enterprises Development Act, 2006".

Dues to micro and small enterprises pursuant to section 22 of the Micro, Small and Medium Enterprises Development Act (MSMED), 2006

On the basis of confirmation to the extent received from suppliers who have registered themselves under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act, 2006) and based on the information available with the Company, the following are the details:

28. Issue of Shares

The Company has issued Bonus Shares in the ratio 1:1.

The Company allotted shares under preferential allotment being 1,20,000 equity shares with a face value of f10 each, at an issue price of f125 per share.

The Company has completed an Initial Public Offer (IPO) of 63,12,000 equity shares with a face value of f10 each, at an issue price of f135 per share.

B. Defined benefit plans - Gratuity

The Company has a defined gratuity plan. Every employee who has completed five years or more of service gets a gratuity on post employment at 15 days salary (last drawn salary) for each completed year of service as per the rules of the Company. The aforesaid liability is provided for on the basis of an actuarial valuation made at the end of the financial period.

31 (a) "During the previous financial year, the Company had incurred excess CSR expenditure amounting to f11.31 lakhs. As per the provisions of Section 135 of the Companies Act, 2013, read with applicable rules, the Company passed a Board resolution to carry forward a portion of this excess expenditure to the current financial year, which has been fully utilised.

Further, during the current financial year, the Company has incurred excess CSR expenditure amounting to f3.41 lakhs. In accordance with the provisions of the Act, this excess amount is proposed to be carried forward and set off against the CSR obligation of the subsequent financial year."

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Mar 31, 2024

2.13Provisions and contingencies:

A provision is recognized when the Company has a present obligation as a result of past event,
it is probable that an outflow of resources embodying economic benefits will be required to

settle the obligation and a reliable estimate can be made of the amount of the obligation.
Provisions are not discounted to their present vaiue and are determined based on the best
estimate required to settle the obligation at the reporting date. These estimates are reviewed
at each reporting date and adjusted to reflect the current best estimates.

A contingent liability is a possible obligation that arises from past events whose existence will
be confirmed by the occurrence or non-occurrence of one or more uncertain future events
beyond the control of the Company or a present obligation that is not recognized because it is
not probable that an outflow of resources will be required to settle the obligation. A contingent
liability also arises in extremely rare cases where there is a liability that cannot be recognized
because it cannot be measured reliably. The Company does not recognize a contingent liability
but discloses its existence in the financial statements.

2.14Earnings 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.

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.

2.15Cash and Cash Equivalents:

Cash and cash equivalents for the purposes of cash flow statement comprise cash in hand, at
bank (excluding margin deposits with banks).

2.16Bad-Debts:

Bad-Debts are written off to Statement of profit and loss as and when the debt is determined
as un-reaiizable as perthe opinion of the Management.

2.17Cash flow statement:

Cash flow statement has been prepared in accordance with the indirect method prescribed in
Accounting Standard 3 -Cash flow Statement. Cash and Cash equivalents for cash flow
statement comprises cash at bank and in hand and bank deposits.

2.18Foreign currency translation

(i) Initial recognition

Foreign currency transactions are recorded in the reporting currency, by applying to the foreign
currency amount the exchange rate between the reporting currency and the foreign currency
at the date of the transaction

(ii) Conversion

At the year-end, monetary assets in foreign currency are translated at the rates of exchange at
the balance sheet date and resultant gain or loss is recognized in the Profit and Loss Account.

(iii) Exchange differences

All exchange differences arising on settlement/ conversion on foreign currency transactions are
included in the Profit and Loss Account, except in cases where they relate to the acquisition of
fixed assets, in which case they are adjusted in the cost of the corresponding asset.

2.19Share Premium Account

Share premium account includes difference between consideration received in respect of
shares and face value of shares

34 Previous year Figures

a. Previous year figures have been regrouped/reclassified. where necessary⁷, to confirm to this year''s classification.

36 Additional Regulatory Information

a. Borrowings from banks and financial institutions

The Company has Borrowings from banks on the basis of Security of Current Assets.The quartelv Returns or Statements of Current Assets filed by the
Company with Banks are in agreement with the books of accounts and there were no Material Discrepancies noted.

b. Details of Benami Property held

The company does not hold any Benami Property and no proceedings have been initiated on or are pending against the Company for holding benami
property⁷ under the Benami Transactions (Prohibition) Act. 1988 (45 of 1988) and Rules made thereunder.

c. Title deeds of Immovable Property

Title deeds of Immovable Property held in the name of Company.

g Details of Revalued Property

The Company has not Revalued its Property, Plant and Equipment during the year.

li Wilful Defaulter by any Bank/ Financial Institution/ Other Lender

The company is not declared as wilful defaulter by any bank / Financial institution other lender.

i Relationship with struck off companies

The company has no such transaction with any Struck off Company .

j Registration of Charges or satisfaction with Registrar of Companies(ROC)

There are no Charges pending for Registeration with Registrar of Companies (ROC).

k Compliance with number of layers of companies

The company has complied with clause (87) of section 2 of the Act read with the Companies (Restriction on number of layers) Rules. 2017.

l. Compliance with approved Scheme(s) of Arrangements

The Company has not entered into any Scheme of arrangement approved by Competent Authority.

m. Utilization of Borrowed Fund and Share Premium

i. The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other
person(s) or entitv(ies).

ii. The company has not received any funds from any other person(s) or entitv(ies).

n. Undisclosed Income

There are no transactions which are not recorded in books of accounts i.e. there is no undisclosed income.

o. Crypto Currency or Virtual Currency

The company has not traded or invested in Crypto Currency or Virtual Currency.