Notes to Accounts of Cemantic Infra-Tech Ltd.

Mar 31, 2025

l. Provisions, Contingent Liabilities and Contingent Assets:

Provisions involving substantial degree of estimation in measurement are recognized when there is a present
obligation as a result of past events and it is possible that there will be an outflow of resources. Contingent
Liabilities are not recognized but are disclosed in the notes on accounts. Contingent Assets are neither recognized
nor disclosed in the financial statements.

m. E arnings per Share:

The basic Earnings Per Share (“EPS”) is computed by dividing the net profit after tax for the year by the weighted
average number of equity shares outstanding during tire year. For tire purpose of calculating diluted earnings per
share, net profit after tax but before OCI for die year attributable to equity shareholders and die weighted average
number of shares outstanding during the year are adjusted for the effects of all dilutive potential of equity shares.

SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND ASSUMPTIONS

Preparation of the financial statements requires management to make judgments, estimates and assumptions, as
described below, that affect the reported amounts and the disclosures. The Company based its assumptions and
estimates on parameters available when die financial statements were prepared and reviewed at each Balance Sheet
date. Uncertainty about diese assumptions and estimates could result in outcomes diat may require a material
adjustment to die reported amounts and disclosures.

2.1 The company has entered into an MoU dated 04th January, 2006 and paid an amount of ? 250.00 Lakhs as
advance deposit for procuring Ac 37-23 guntas of land for construction of commerced & residential apartments
in Sy No.163 of Hydemagar Village, Balanagar Mandal, Ranga Reddy District, Subsequently due to various legal
disputes, die company has not continued for further developements of the said transaction, accordingly could not
complete the same. The company has requested the seller to repay the advance deposit amount, and accordingly
the seller is repaying die amounts partly. Out of total advance deposit of ? 250.00 Lakhs the company has
recovered an amount of ? 76.50 till the financial year 2024-25. The management is confident of recovering the
balance amount and opinioned no provision is required.

5.1 A) ( Company has given a loan of 7 200.00 Lakhs to Sri Sai Techno Fab @ an interest rate of 12% P. A and ? 100.00 I
Lakhs to P R Consultany @ an interest rate of 12% P.A. Company has filed a case U/s 138 of Negotiable
Instruments Act for recovery of ^ 200.00 Lakhs due from Sri Sai Techno Fab vide case reference no. CC.No. 1290
of2021 filed In the Court of VIII Metropolitan Magistrate Court at Hyderabad. The petition was dismissed on

21.01.2025 and for defence arguments posted to 29.01.2025. in the mean time the accused Mr. K Phaneendra
Kumar, Proprietor of Sri Sai Techno Fab filed a petition in Hon''ble High Court for the State of Telangana vide
CRLP No 1790 of 2025 dated 06.02.2025 to set aside the Order dated 21.01.2025 in CC NI No. 1290 of 2021 on
the file of VIII Judicial Magistrate by -allowing the petition in the interest of justice, interim order granted on

02.05.2025 is extended till 23.06.2025,Mil MM Court for arguments posted the matter to 16.06.2025.
B)Company has also filedacase U/s 138 ofNegotiable Instruments Act for recovery of ? 100.00 Lakhs due from
P R Consultancy vide case reference no. C.C.No.l283of 2021 filed In the Court of Mil Metropolitan Magistrate
Court at I Iyderabad. The petition was dismissed on 21.01.2025 and for defence arguments posted to 29.01.2025,
in the mean time the accused Mr. P.Krishna Prasad, Proprietor of P R Consultany filed a petition in I Ion''ble I Iigh
Court for the Stite of Telangana vide CRLP No.1789 of 2025 dated 06.02.2025 to set aside the Order dated

21.01.2025 in CC NI No. 1283 of 2021 on the file of VIII Judicial Magistrate by allowing the petition in the
interest of justice, interim order gran ted on 02.05.2025 is extended till 23.06.2025, MR MM Court for arguments
posted the matter to 16.06.2025.The management is confident of recovering the amount.

Since the recovery of the said loan is under legal dispute, the company has not accounted any interest on the said
loan.

18. Contingent Liabilities:

a) Disputed seigniorage fees liability of ? 28.43 lakhs ( Fees ? 4.77 lakhs and penalty'' of ? 23.66) for which revision
petition has been filed by the company. Revision Petition was disposed and directed to pay Normal signiorage fees
of? 4.77 lakhs along with one time penalty as per Demand notice dt 20.12.2022 and also granted Six monthly
installments with applicable interest for payment of said amount. Accordingly revision petition is disposed off.
Company has paid balance four installments during the year.

li) Company has received GST Order dated 18.04.2024 for the financial year 2018-19 to pay an amount of ? 23.10

bikhs on account of disallowance of Input Tax Credit. Company filed an appeal on 15.07.2024 against the Order
dated 18.04.2024 before the Appellate Joint Commissioner (ST) Secunderabad Division. Upon submission of all
the relevant required documents the Office of the Appellate Joint Commissioner (ST) Secunderabad Division has
issued an modified order dated 21.11.2024 by allowing Input Tax Credit of ? 22.79 Lakhs and directed to pay the
balance amount of ? 0.32 Lakhs due to mismatch in Input Tax Credit.

22. Confirmations are not received in respect of the amounts relating to trade receivables, trade payables, loans &
advances.

23. Dues to Micro, Small and Medium Enterprises:

The identification of micro, small and medium enterprise suppliers as defined under the provisions of “Micro,
sm;ill and medium enterprises Act, 2006” is based on Management''s knowledge of their status. There are no dues
to micro, small and medium enterprises as on 31 March 2025.

24. Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s
classification / disclosure. Figures are rounded off to the nearest thousands.

25. a Mrs.Kodali Yijayarani, Promoter Shareholder & Director of the company has filed a petition in NCLT under

Section 241 of the companies Act against allotment of 1,24,50,000 Equity'' Shares of Rs.10/- each, made to 7
individuals for consideration other than cash. Praying the NCLT to declare the allotment as illegal and affect
consequent reduction of the Share Capital of the company and also prayed for an Interim Relief of not to alienate
/ not to create any third party'' interest in the said shares of 1,24,50,000.

The case is admitted by NCLT and passed an Interim Order dt 14th October, 2020 restaining the 7 individual
shareholders from dealing wadi 1,24,50,000 shares and directed not to alienate, minster or enter into any agreement
or create any third party'' interest until further orders. The Petition filed by Promoter Shareholder was dismissed by
NCLT on 15.06.2022.''

Mrs. Kodak Yijayarani, Promoter Shareholder & Director of the company lias filed an appeal petition at National
Company Law Appellate Tribunal at Chennai under Section 421 of the Companies Act, 2013 tide Petition No. 59
of2022. After several adjournments the case was listed on 09.04.2025 and the "Office of Registry''" directed to list
the matter on 27.06.2025 under the caption "For Admission (After Notice)".

25. b Company is a Respondent in the appeal petition filed by Mrs. Kodali Vijayarani, Promoter Shareholder & Director

of the company at National Company Law Appellate Tribunal at Chennai under Section 421 of the Companies
Act, 2013 vide Petition No. 59 of 2022. The Company has filed counter on the said petition . After several
adjournments the case was listed on 09.04.2025 and the "Office of the Registry''" directed to List the matter on

27.06.2025 under the caption "For Admission (.After Notice)".

26. Other Statutory Information

i) The Comp.my does not have any Benami property, where any proceeding has been initiated or pending against the
company for holding any Benami property''.

ii) The Company'' does not have any transactions with companies struck off.

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

iv) The Company has not traded or invested in Crypto Currency or Virtual Currency dunng the financial year.

v) The Company has not been declared wilful defaulter by any bank or financial institution or government or any
government authority.

vi) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies) including
foreign entities (Intermmediaries) with the a) directly or indirectly lend or invest in other persons or entities
identified in any manner whatsoever by or on behalf of the Company (Utimate Beneficiaries) orb) provide any
guarantee, security'' or the like to or on behalf of the ultimate Beneficiaries.

vii) 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 (a) directly or
indirectly lend or invest in other persons or entities indetified in any manner whatsoever by or on behalf of the
Funding Party (Ultimate Beneficiaries) or (b) provide any guarantee, security'' or the like on behalf of the Ultimate
Beneteciaries.

viii) 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 dunng 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).

In terms of our report of even date attached.

For Suryanarayana & Suresh For and on behalf of the Board

Chartered Accountants

Firm Regd. No.: 00663IS

MuralikrishnaPinamaneni G. Satyanarayana K.VijayaRani

Partner A Ian aging Director Director

Membership No. 224.319 DIN: 02051710 DIN: 00102286

Place: Hyderabad M.R. Koteswara Rao Deshna Jain

Date: 29.05.2025 Chief Financial Officer C(impany'' Secretary

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Mar 31, 2024

l. Provisions, Contingent Liabilities and Contingent Assets:

Provisions involving substantial degree of estimation in measurement are recognized when there is a present
obligation as a result of past events and it is possible that there will be an outflow of resources. Contingent
Liabilities are not recognized but are disclosed in the notes on accounts. Contingent Assets are neither recognized
nor disclosed in the financial statements.

m. Earnings per Share:

The basic Earnings Per Share (“EPS”) is computed by dividing the net profit after tax for the year by the weighted
average number of equity shares outstanding during the year. For the purpose of calculating diluted earnings per
share, net profit after tax but before OCI 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 of equity shares.

SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND ASSUMPTIONS

Preparation of the financial statements requires management to make judgments, estimates and assumptions, as
described below, that affect the reported amounts and the disclosures. The Company based its assumptions and
estimates on parameters available when the financial statements were prepared and reviewed at each Balance Sheet
date. Uncertainty about these assumptions and estimates could result in outcomes that may require a material
adjustment to the reported amounts and disclosures.

18. Contingent Liabilities:

a) Disputed seigniorage fees liability of ? 28.43 lakhs (Fees ? 4.77 lakhs and penalty of ? 23.66) for which revision
petition has been filed by the company. Revision Petition was disposed and directed to pay Normal signiorage fees
of? 4.77 lakhs along with one time penalty as per Demand notice dt 20.12.2022 and also granted Six monthly
installments with applicable interest for payment of said amount. Accordingly revision petition is disposed off.

b) Company has received GST Order dated 18.04.2024 for the financial year 2018-19 to pay an amount of ? 23.10
lakhs on account of disallowance of Input Tax Credit. Company is in the process of filing an appeal against this
Order before the Appellate Joint Commissioner (ST) Secunderabad Division and the company is confident of
winning the case.

23. Dues to Micro, Small and Medium Enterprises :

The identification of micro, small and medium enterprise suppliers as defined under the provisions of “Micro,
small and medium enterprises Act, 2006” is based on Management’s knowledge of their status. There are no dues
to micro, small and medium enterprises as on 31 March 2024.

24. Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s
classification / disclosure. Figures are rounded off to the nearest ?.

25.a Mrs.Kodali Vijayarani, Promoter Shareholder & Director of the company has filed a petition in NCLT under
Section 241 of the companies Act against allotment of 1,24,50,000 Equity Shares of Rs.10/- each, made to 7
individuals for consideration other than cash. Praying the NCLT to declare the allotment as illegal and affect
consequent reduction of the Share Capital of the company and also prayed for an Interim Relief of not to alienate
/ not to create any third party interest in the said shares of 1,24,50,000.

The case is admitted by NCLT and passed an Interim Order dt 14th October, 2020 restaining the 7 individual
shareholders from dealing with 1,24,50,000 shares and directed not to alienate, transfer or enter into any agreement
or create any third party interest until further orders. The Petition filed by Promoter Shareholder was dismissed by
NCLT on 15.06.2022.

Mrs. Kodali Vijayarani, Promoter Shareholder & Director of the company has filed an appeal petition at National
Company Law Appellate Tribunal at Chennai under Section 421 of the Companies Act, 2013 vide Petition No. 59
of2022. After several adjournments the case was listed on 28.03.2024 and the "Office of Registry" directed to list
the matter on 22.07.2024 under the caption "For Hearing".

25.b The Company filed a petition under Section 213 with NCLT, Praying for restoring the Original position of the
company prior to the allotment of 1,24,50,000 Equity Shares allotted vide MoU dt 14th February, 2019. The
Petition filed by the company was dismissed by Hon''ble NCLT on 15.06.2022.

Company is a Respondent in the appeal petition filed by Mrs. Kodali Vijayarani, Promoter Shareholder & Director
of the company at National Company Law Appellate Tribunal at Chennai under Section 421 of the Companies
Act, 2013 vide Petition No. 59 of 2022. The Company has filed counter on the said petition . After several
adjournments the case was listed on 28.03.2024 and the "Office of the Registry" directed to List the matter on
22.07.2024 under the caption "For Hearing".

25. c The Company has received a notice from 5 shareholders regarding the petition filed by them in the NCLT alleging

suppression and mismanagement of Sri G.Satyanarayana, Managing Director & Sri Kodali Vijayarani, Director
and to pars all the resolutions passed by the Board & Annual General Meeting dated 04th December, 2020 against
the Petitioners. The Petition filed was dismissed by Hon''ble NCLT on 15.06.2022 .

26. Other Statutory Information

i) The Company does not have any Benami property, where any proceeding has been initiated or pending against
the company for holding any Benami property.

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

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

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

v) The Company has not been declared wilful defaulter by any bank or financial institution or government or any
government authority.

ri) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies) including
foreign entities (Intermmediaries) with the a) directly or indirectly lend or invest in other persons or entities
identified in any manner whatsoever by or on behalf of the Company (Utimate Beneficiaries) or b) provide any
guarantee, security or the like to or on behalf of the ultimate Beneficiaries.

vii) 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 (a) directly or
indirectly lend or invest in other persons or entities indetified in any manner whatsoever by or on behalf of the
Funding Party ( Ultimate Beneficiaries) or (b) provide any guarantee, security or the like on behalf of the Ultimate
Benefeciaries.

viii) The Company does not have any such transaction which is not recored 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).

In terms of our report of even date attached.

For Suryanarayana & Suresh For and on behalf of the Board

Chartered Accountants

Firm Regd. No. : 006631S

V. N agendra Rao G. S atyanarayana K. Vijaya Rani

Partner Managing Director Director

Membership No. 227679 DIN : 02051710 DIN : 00102286

Place : Hyderabad M.R. Koteswara Rao

Date : 29.05.2024 Chief Financial Officer

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Mar 31, 2015

1. AM Equity shares issued by the Company carry equal voting and participatory rights.

13% Cumulative Redeemable Preference shares of -2,00,00,0G0/- is due for redemption on 22-12-2008, and die company has not redeemed. During the year the company has not made provision for preference dividend on balance 2,00,000 preference shares, due to insufficient profits.

Arrears of Dividend as at 31st March,20l5 is f 2,28,08,763/- (as at 31st March,2034 is -2,02,08,763/-) The balance preference shareholders l)Venugopal Reddy Pakanati & Anuradha Reddy Pakanati joindy holding 1,00,000 preference shares and 2) Rajagopal Reddy Pakanati and Suneela Reddy Pakanati jointly holding 1,00,000 preference shares have filed a recovery suit in the court of City civil court at Secunderabad vide Ref No.O.S.No.492 of 2013 which is pending before U-e court The above preference shareholders have also filed winding up petition against the company in he High Court of Judicature of Andhra Pradesh at Hyderabad vide Ref No. CP 44 of 2014 and CP 47 of 2014 which is pending before the Hon'ble High Court.

2. The Company has taken overdraft facility from Axis Bank Ltd, Jubilee Hills branch, in the month of November.2006 for an amount of -200.00 Lacs, part of the overdraft has been converted into Term Loan by the bank in November,2008 for an amount of - 50.00 Lacs at an interest rate of 14.25 %. The said term loan is secured byequitabie mortagage of 1320 & 1095.89 Sq.yds of company own land in Jaihind Nagar, Shatkpet, Hyderabad and also equitable mortagage of land & building at Plot No.66, Dream Valley, Shatkpet, Hyderabad, in the name of ICVijaya Rini & P.Vamsidhar. The loan is repayable in 60 monthly equal installments of -l,16,990/-each from die date of conversion. The company has paid 20 monthly equal installments upto September 2010.

Axis Bank Ltd has filed a case in die Hon'ble Debts Recovery tribunal against the company for recovery of debts vide case Reference No.O.A.No.436 of 2013, and die company also filed a case against Axis Bank Ltd vide case Reference No. SA.48 of 2012 and is pending before the Hon'ble Debts Recovery Tribunal.

The term loan facility is further secured by personal guarantees of Sri P.KodandaRambabu, Sri K.Vijaya Rani & SriP.Vamsidhar

3. The Company has utilised Term loan from PNB Housing Finance Ltd.Lakdikapul branch, in the month of April,2008 for an amount of -200.00 Lacs at an interest rate of 14.50 % p.a. The said term loan is secured by equitable mortagage of 7744 Sq.Yds of land belonging to SmtT.Vijaya Lakshmi who entered into developement agreement with me company forme development of Quantum Heights residential complex at Gajulararamaram. The term loan shall be repayable in 16 monthly installments commencing after 12 months of 1st disbursement of loan.

The Company has filed a case in the Hon'ble Debts Recovery Tribunal against PNB Housing Finance Limited vide case Reference No.SA 673 of 2013, which is pending before die Hon'ble Debts Recovery Tribunal.

The term loan facilities are further secured by personal guarantees of Sri G.Satyanarayana, Sri.P.Kodanda Rambabu, and Sri K.Vi)aya Rani.

4. The Company has forfeited 17,50,000 share warrants of t 2/-paid, for non payment of balance amount

5. Pursuant to die enactment of Companies Act;2013, die company has applied the estimated useful lives as specified in Schedule II. Accordingly, the unamorused carrying value is being depreciated / amortized over the revised / remain ng useful lives. The written down value of Fixed Assets whose lives expired as at 1st April'2014 have been adjusted in the opening balance of profit & loss account amounts to Rs.4,21,645/-

6. The Company has taken overdraft facility from Axis Bank Ltd, Jubilee Hills branch, in the month of November,2006 for an amount of -200.00 Lacs,(Out of it - 50.00 Lacs has been converted into Term loan in November,2008) at an interest rate of 12% p.a. The said overdraft facilities are secured by equitable mortagage of 1320 & 1095.89 Sq.yds of company own land in Jaihind Nagar, Shaikpet, Hyderabad and also equitable mortagage of land & building at Plot No.66, Dream Valley, Shaikpet, Hyderabad, in the name of Sri K .Vijaya Rani & Sri P. Vamsidhar.

Axis Bank Ltd has filed a case in the Hon'ble Debts Recovery tribunal against the company for recovery of debts vide case Reference No.O.ANo.436 of 2013, and the company also filed a case against Axis Bank Ltd vide case Reference No. SA.48 of 2012 and is pending before the Hon'ble Debts Recovery Tribunal.

The said overdraft facilities are further secured by personal guarantees of Sri P.Kodanda Rambabu, Sri K.Vijaya Rani & Sri P.Vamsidhar Ul (a) The Company has filed a case for recovery of an amount of Rs. 10,919,092/- and the same was dismissed by the District Judge, R.R. Dist The Management has decided to write off the said debt (b) An amount of Rs. 8,606,254/-, the recovery fo which is doubtful, has been written off during die year.

7. [Confirmations are not received in respect of the amounts relating to trade receivables, trade payables, loans & advances.

8. Dues to Micro, Small and Medium Enterprises:

The identification of micro, small and medium enterprise suppliers as defined und|r the provisions of "Micro, small and medium enterprises Act, 2006" is based on Management's knowledge of their status. There are no dues to micro, small and medium enterprises as on 31 March 2015.

9. Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the current year's classification / disclosure. Figures are rounded off to the nearest-.

10 Contingent Liabilities:

a) Capital commitments on account of unexecuted contracts (Land Development Agreements) are estimated at- 513 lakhs { Previous year - 513 lakhs)

b) Disputed seignior age fees liability of- 28.43 lakhs ( Fees - 4.77 lakhs and penalty of- 23.66 lakhs) for which revision petition has been filed by the company.

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Mar 31, 2014

1 Corporate information

Quantum Build-Tech Limited is engaged in business of Construction of Housing & Development of Infrastructure for residential segment.. The Company carrying its activities from its registered office situated at H.No.8-1-405/A/66, Dream Vlley , Near OU Colony, Shaikpet, Hyderabad - 500 008.

2 Contingent Liabilities :

a) Contingent liability on account of works contracts is Rs.994836/- (Previous Year Rs.994836/-)

b) Capital commitments on account of unexecuted contracts (Land Development Agreements) are estimated at Rs. 513 lakhs (Previous year Rs. 513 lakhs)

c) Disputed seigniorage fees liability of Rs. 28.43 lakhs (Fees Rs.4.77 lakhs and penalty of Rs. 23.66 lakhs ) for which revision petition has been filed by the company.

3 Confirmations are not received in respect of the amounts relating to trade receivables, trade payables. loans & advances.

4 Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification / disclosure. Figures are rounded off to the nearest Rs.