Notes to Accounts of Kids Medical Systems Ltd.

Mar 31, 2024

| Provfcions, Comment UabBitles and Contingent assets

A piwskw is r«»g?u$ed wt>en the Company has a present obtigation as • result of past event and it is probable that an outflow

df resources will be required to settle the obligation, in respect of which reliable estimate can be made. Provisions {excluding
retirement benefits and compensated absences) are not discounted to its present value and ate determined based on best
estimate required to settle the obligation at the balance sheet date. These are reviewed at each balance sheet date and adjusted
to reflect the current best estimates. Contingent liabilities are not recognised in the financial statements. A contingent asset is
neither recognised nor disclosed in the financial statements.

As per our report of even date

for M A A K S ASSOCIATES .S S . .

^ for and On itefcWf to-the/goard erf

Chartered Accountants Zi ZL / / ,

, _ /^fr^v^dfcXSyslern limited

Firm’s Registration No 135024W / S ///

o/s&

Mam»«tShah 1 * l AHL''.EDABAD ; Pratad v *«!«*•*», i *7 L\±J~Y/

_0ar_, \%\ r Prasad VAnfariefcar / VAoirvap^Sam Prajakta Sawam

001NZ5I3S3 2 S6M₃qpp 137^ ⁷⁸⁶⁴

Place’ Atwnedabad ’ [/

"""“trig ,21 as

(H) Rights, preferences and restrictions attached to shares

Equity Shares: The Company has one dass of equity shares. Each shareholder is eligible for one vote per share held. The dividend
proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in
case of interim dividend. 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 shareholding.

Reasons for Variances

As there is Nil turnover in current year there is massive change in return on equity ratio, trade receivables turnover ratio, net capital turnover
ratio, net profit ratio & return on capital employed ratio. ,—>. y/ k

As per our report of even date S''s*

For M A AK& ASSOCIATES For

Chartered Accountants / \ Limited ^

^nm’^^N0

Prasad VAnJarlekar Prajakta Sawant

Partner \*l AHMEDABAD 1*1 CFO & Director //Company Secretary

Membership No. 13392te\ jt J5] 09370789 (_JsySwfamn MNo.A57864

UDIN: 2513332£^^^R 137^1

Ptace: Ahmedabad Place: Ahmedabad . »

Date: LfSj OXj J.0°«^te I O I 2-1 2-0