Notes to Accounts of Macobs Technologies Ltd.

Mar 31, 2025

(13) Provisions

A provision is recognized when the Company has a present obligation (legal or constructive) as a result of past event, it is probable than 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 value 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.

(14) Contingent liabilities

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.

(15) Cash & cash equivalents

Cash and cash equivalents comprise of cash-in-hand and balance in bank in current accounts and deposit accounts, with an original maturity of three months or less.

Term of Repayment of Secured Loans

1) ICICI car Loan on MG Astor Car was taken during 2021-2022 year of Rs 14,00,000 and carries interest @ 7.40% to p.a. The loan is repayable in 60 instalments of Rs.28,010/-
each along with interest, starting from 01/04/2022. Further the loan has been guaranteed by the personal guarantee of Director. Further loan is secured by the hypotheciation of

the respective vechicle

2) ICICI car Loan on Nissan Magnite Car was taken during 2023-2024 year of Rs 11,00,000 and carries interest @ 9.25% to p.a. The loan is repayable in 60 instalments of
Rs.23,062/- each along with interest, starting from 05/11/2023.Further the loan has been guaranteed by the personal guarantee of Director. Further the loan has been guaranteed
by the personal guarantee of Director. Further loan is secured by the hypotheciation of the respective vechicle

3) ICICI car Loan on Hyundai Kona Car was taken during 2023-2024 year of Rs 19,00,000 and carries interest @ 9.20% to p.a. The loan is repayable in 60 instalments of
Rs.39,616/- each along with interest, starting from 01/12/2023.Further the loan has been guaranteed by the personal guarantee of Director. Further the loan has been guaranteed
by the personal guarantee of Director. Further loan is secured by the hypotheciation of the respective vechicle

(ii) Defined benefit plan- Gratuity

For details about the related employee benefits expense, refer to note 23.

The Company has a defined benefit gratuity plan in India, governed by the Payment of Gratuity Act, 1972. The plan entitles an employee, who has rendered at least five years of
continuous service, to gratuity at the rate of fifteen days wages for every completed year of service or part thereof in excess of six months, based on the rate of wages last drawn by
the employee concerned. The Company has not created any specific fund for this liability.

The following table shows a reconciliation from the opening balances to the closing balances for the net defined benefit (asset) liability and its components. (As per Report of
TransValue Consultants "Gratuity Valuer")

Note 32: Balance of Loans, Debtors & Creditors are subject to confirmations.

Note 33: Claim against the company not acknowledge as debt -NIL

Note 34: The Company has conducted the Impairment test as of 31st March 2025 as per AS-28 “impairment of Assets” and found that recoverable amount of the assets is not less
than the carrying amount.

Note 35: Liabilities for Leave Encashment is NIL as on 31.03.2025.

Note 36: Contingent Liabilities for the Year ended against Company Rs. NIL.

Note: Reasons (for variance more than 25%)

a. Current ratio: The improvement in the Current Ratio is primarily attributable to a significant increase in Current Assets."

b. Debt-Equity Ratio: The ratio has decreased due to a significant increase in Total Equity."

c. Debt Service Coverage Ratio: The ratio has decreased due to a significant increase in Total Debts."

d. Return on equity: . This is mainly due to the significant increase in equity shareholder funds compared to our net profit.

e. Inventory turnover ratio: This is mainly due to the significant increase in Purchase and impack on our Closing stock.

f. Trade receivables turnover ratio: This is mainly due to the significant increase in Sale compared to our net profit.

g. Trade payables turnover ratio: In this reporting period, we noticed a positive change in our Trade Payable Turnover Ratio, signaling improved management of trade payables.

h. Net capital turnover ratio: This is mainly due to the significant increase in Net Capital compared to our Sales.

i. Return on capital employed (ROCE): This is mainly due to the significant increase in Net Capital compared to our EBIT.

J.Return on Investment ratio: This is mainly due to the significant increase in Value of Investment .

Note 38: Additional Disclosure

(i) The Company does not own or has its name any benami Property ,No proceeding has been initiated or pending against the company for holding any benami property under the Benami Transactions
(Prohibition) Act, 1988 (45 of 1988) and rules made thereunder.

(ii) The Company has not been declared as willful defaulter by any bank or financial Institution or other lender.

(iii) The Company has not entered into any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

(iv) There are no transaction which involved undisclosed income during the year in the tax assessments under the Income Tax Act, 1961.

(v) There are no charges or satisfaction yet to be registered with ROC beyond the statutory period

(vi) There are no funds which have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other persons or
entities, including foreign entities (“Intermediaries”), with the understanding, whether recorded in writing or otherwise,

a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever (“Ultimate Beneficiaries”) by or on behalf of the Company,or

b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

(vii) There are no funds which have been received by the Company from any persons or entities, including foreign entities (“Funding Parties”), 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 identified in any manner whatsoever (“Ultimate Beneficiaries”) by or on behalf of the Funding Party or

b) provide any guarantee, security or the like from or on behalf of the Ultimate Beneficiaries.

(viii) The Company (as per the provisions of the Core Investment Companies (Reserve Bank) Directions, 2016) has no CICs as part of the Company.

(ix) The Company''s immovable property title deeds are held only in the name of the Company, Currently no immovable property held by company

(x) No loans or advances in the nature of loans are granted to promoters, Directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person,

(a) that repayable on demand or

(b) without specifying any terms or period of repayment.

(xi) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

(xii) The Company has complied with the number of layers prescribed under Companies Act, 2013.

(xiii) Corporate social Responsibility (CSR) U/s 135 of Company act is not applicable on the company.

(xiv) Previous year figures have been regrouped and reclassified where necessary for the purpose of comparison.

As per our report of even date on behalf of the board of directors

FOR NGMKS & ASSOCIATES FOR MACOBS TECHNOLOGIES LIMITED

Firm registration number: 024492N
Chartered Accountants

(Whole Time Director) (Managing Director)

Nitin Goyal Shivam bhateja Dushyant Gandotra

Partner DIN: 07674360 DIN: 08360731

M. No.: 517698
Place: Delhi
Date: 30th May, 2025

(Chief Financial Officer) (Company Secretary)

Aditya Solanki Sakshi Gupta

Pan: BELPS2581A Pan: BPHPG3116E

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Mar 31, 2024

11. PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

Provisions are recognized only when there is a present obligation as a result of past events and when a reliable estimate of the amount of obligation can be made. Provisions (excluding retirement benefits and compensated absences) are not discounted to its present value and are determined based on best estimate required to settle the obligation at the balance sheet date.

Contingent Liabilities is disclosed in Notes to the account for: -

(i) Possible obligations which will be confirmed only by future events not wholly within the control of the company or

(ii) Present Obligations arising from past events where it is not probable that an outflow of resources will be required to settle the obligation or a reliable estimate of the amount of the obligation cannot be made.

Contingent assets are not recognized in the financial statement since this may result in the recognition of the income that may never be realized.

12. EARNINGS PER SHARE:

In determining the Earnings Per share, the company considers the net profit after tax which does not include any post tax effect of any extraordinary/exceptional item. The number of shares used in computing basic earnings per share is the weighted average number of shares outstanding during the period.

The number of shares used in computing diluted earnings per share comprises weighted average number of shares considered for computing Basic Earnings per share and also the weighted number of equity shares that would have been issued on conversion of all potentially dilutive shares.

In the event of issue of bonus shares or share split, the number of equity shares outstanding is increased without an increase in the resources. The number of Equity shares outstanding before the event is adjusted for the proportionate change in the number of equity shares outstanding as if the event had occurred at the beginning of the earliest period reported.

13. CASH FLOW

Cash flows are reported using the indirect method, whereby profit before tax is adjusted for the effects of transactions of 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. Cash flows from operating, investing and financing activities of the company are segregated accordingly.

14. MICRO, SMALL AND MEDIUM ENTERPRISES

As per the information available with the Company, there are no Micro, Small and Medium enterprises. Accordingly, no information is disclosed in respect of MSMEs as required under Micro Small and Medium Enterprises Act, 2006. Information given related to MSME and Others are provided by the organization and relied upon by auditor.

15. GOVERNMENT GRANT

The company had not received any government grant.

16. INVENTORIES

Inventories are valued at the lower of the cost and estimated net realizable value.

17. Segment Information

The company is engaged in the business of trading of Men Grooming Products and there is only one reportable Segment as per AS 17 "Segment Reporting". There is no other reportable segment.

General:

Except wherever stated, accounting policies are consistent with the generally accepted accounting principles and have been consistently applied.

C. CHANGES IN ACCOUNTING POLICIES IN THE YEAR

There is no change in significant accounting policies.

D. NOTES ON FINANCIALS STATEMENTS

1. Employee benefits

Employee Benefits expenses comprise of Director''s Remuneration and Salary & Wages & other benefits to employees (including Gratuity) paid by the company.

2. Provisions, Contingent Liabilities and Contingent Assets (AS 29)

There are no contingent liabilities for the period reported in financial statements.

3. Related Party Disclosure (AS 18)

Related party transactions are already reported as per AS-18 of the Companies (Accounting Standards) Rules, 2021 as amended, in the Note 23 of the enclosed financial statements.

4. Earnings Per Share (AS 20)

Earnings per share have been calculated is already reported in the Note 22 of the enclosed financial statements.

5. Statement of ratio analysis has been reported in Note 24 of the enclosed financial statements.

6. Additional Regulatory Information/disclosures as required by General Instructions to Schedule III to the Companies Act, 2013 are furnished to the extent applicable to the Company.

7. Trade receivables, Trade payables, Loans & Advances and Unsecured Loans have been taken at their book value subject to confirmation and reconciliation.

8. Previous year figures have been regrouped/rearranged wherever necessary.

Realizations

In the opinion of the Board and to the best of its knowledge and belief, the value on realization of current assets, loans and advances will, in the ordinary course of business, not be less than the amounts at which they are stated in the Balance sheet.

Contractual liabilities

All other contractual liabilities connected with business operations of the Company have been appropriately provided for.

Amounts in the financial statements

Amounts in the financial statements are in lakhs unless stated otherwise. Figures in brackets indicate negative values.

For, NAVP & Associates For and on behalf of the Board of Directors of

Chartered Accountants Macobs Technologies Limited

Firm Registration No.: 025043C

SHIVAM BHATEJA DUSHYANT GANDOTRA

CA Nitin Bansal (Whole-Time Director) (Managing Director)

Partner

Membership No 430412 Place: Jaipur

Date: 27/06/2024 ADITYA SOLANKI ANKITASONI

UDIN: 24430412BKEPVQ3811 (CFO) (Company Secretary)