Notes to Accounts of Manbro Industries Ltd.

Mar 31, 2025

2.2.11 Accounting of provisions, contingent liabilities and contingent assets

Provisions are recognized, when there is a present legal or constructive obligation as a result of past events,
where it is probable that there will be outflow of resources to settle the obligation and when a reliable estimate
of the amount of the obligation can be made. Where a provision is measured using the cash flows estimated to
settle the present obligation, its carrying amount is the present value of those cash flows. Where the effect is
material, the provision is discounted to net present value using an appropriate current market-based pre-tax
discount rate and the unwinding of the discount is included in finance costs.

Contingent liabilities are recognised only when there is a possible obligation arising from past events, due to
occurrence or non-occurrence of one or more uncertain future events, not wholly within the control of the
Company, or where any present obligation cannot be measured in terms of future outflow of resources, or
where a reliable estimate of the obligation cannot be made. Obligations are assessed on an ongoing basis and
only those having a largely probable outflow of resources are provided for. Contingent assets are not disclosed

2.2.12 Earnings per share (EPS)

Basic EPS is computed by dividing the profit or loss attributable to the equity shareholders of the Company by
the weighted average number of Ordinary shares outstanding during the year. Diluted EPS is computed by
adjusting the profit or loss attributable to the ordinary equity shareholders and the weighted average number of
ordinary equity shares, for the effects of all dilutive potential Ordinary shares.

2.2.13 The company does not have any financial transaction with any struck off companies as per Section 248
of the Companies Act, 2013 or Section 560 of the Companies Act, 1956.

2.2.14 No proceedings have been initiated or pending against the company for holding any benami property
under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.

2.2.15 The company does not have borrowings from banks or financial institutions on the basis of security of
current assets, and hence there is no defualt in repayment of the same.

2.2.16 There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the
statutory period.

2.2.17 The company is not covered under section 135 of the Companies Act, for the adherence to the
provisions of CSR activities.

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

2.2.19 Following Ratios to be disclosed:

Earning Per Share

Basic EPS amounts are calculated by dividing the profit for the year attributable t o equity holders of
the company by the weighted average number of Equity shares outstanding during the year. Diluted
EPS amounts are calculated by dividing the profit attributable t o equity holders of the company by the
weighted average number of Equity shares outstanding during the year plus the weighted average
number of Equity shares that would be issued on conversion of all the dilutive potential Equity shares
into Equity shares.

The Following Dara reflects the inputs to calculation of basic and diluted EPS

There are no assets and liabilities which have been carried at fair value through the profit and loss account.

There are no assets and liabilities which have been carried at fair value through the other comprehenssive income.

The management assessed that cash and cash equivalents trade receivables, trade payables, and other current liabilities approximate their carrying
amounts largely due to the short-term maturities of these instruments.

The fair values of the unquoted equity shares have been estimated using a DCF model, The valuation requires management to make certain
assumptions about the model inputs including forecast cash flows, discount rate, credit risk and volatility. The probabilities of the various estimates
within the range can be reasonably assessed and are used in management''s estimate of fair value for these unquoted equity investments.

The fair values of the Group''s interest-bearing borrowings and loans are determined by using DCF method using discount rate that reflects the issuer''s
borrowing rate as at the end of the reporting period. The own nonperformance risk as at 31 march 2018 was assessed to be insignificant.

32 Capital Management

The company manages its capital to ensure that entities in the company will be able to continue as a going concern while maximising the return to
stakeholders through the optimisation of the capital deployment.

The company determines the amount of capital required on the basis of annual operating plans and long-term product and other strategic investment
plans. The funding requirement are met through equity and long-term/ short-term borrowings.

The company monitors the capital structure on the basis of total debt to equity ratio and maturity of the overall debt portfolio of the Company.

33 The amounts and disclosures included in the financial statements of the pervious year have been reclassified and regrouped where ever necessary.

34 Figures are rounded off to the nearest Lacs.

For MANBRO INDUSTRIES LIMITED

For Umesh Amita & Company, Formerly known as Unimode Overseas Limited

Chartered Accountants,

Sd/- Sd/-

(Nihit Agarwalla) (Sajan Jain)

Place: New Delhi Sd/- CFO CS & Compliance Officer

Date:- 29.05.2025 (CA Gaurav Kumar) M. No:- A60771

Partner
M.No. 432472

Sd/- Sd/-

(Binod Kumar Goenka) (Dilip Kumar Goenka)

Director Managing Director

DIN: 00518869 DIN: 02057814

---

Mar 31, 2024

2.3.11 Accounting of provisions, contingent liabilities and contingent assets

Provisions are recognized, when there is a present legal or constructive obligation as a result of past events, where it is probable that there will be outflow of resources to settle the obligation and when a reliable estimate of the amount of the obligation can be made. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows. Where the effect is material, the provision is discounted to net present value using an appropriate current market-based pre-tax discount rate and the unwinding of the discount is included in finance costs.

Contingent liabilities are recognised only when there is a possible obligation arising from past events, due to occurrence or non-occurrence of one or more uncertain future events, not wholly within the control of the Company, or where any present obligation cannot be measured in terms of future outflow of resources, or where a reliable estimate of the obligation cannot be made. Obligations are assessed on an ongoing basis and only those having a largely probable outflow of resources are provided for. Contingent assets are not disclosed in the financial statements unless an inflow of economic benefits is probable.

2.3.12 Earnings per share (EPS)

Basic EPS is computed by dividing the profit or loss attributable to the equity shareholders of the Company by the weighted average number of Ordinary shares outstanding during the year. Diluted EPS is computed by adjusting the profit or loss attributable to the ordinary equity shareholders and the weighted average number of ordinary equity shares, for the effects of all dilutive potential Ordinary shares.

2.3.13 The company does not have any financial transaction with any struck off companies as per Section 248 of the Companies Act, 2013 or Section 560 of the Companies Act, 1956.

2.3.14 No proceedings have been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.

2.3.15 The company does not have borrowings from banks or financial institutions on the basis of security of current assets, and hence there is no defualt in repayment of the same.

2.3.16 There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

2.3.17 The company is not covered under section 135 of the Companies Act, for the adherence to the provisions of CSR activities.

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

2.3.19 Following Ratios to be disclosed:-

22 Earnings per share (EPS)

Basic EPS amounts are calculated by dividing the profit for the year attributable to equity holders of the company by the weighted average number of Equity shares outstanding during the year.

Diluted EPS amounts are calculated by dividing the profit attributable to equity holders of the company by the weighted average number of Equity shares outstanding during the year plus the weighted average number of Equity shares that would be issued on conversion of all the dilutive potential Equity shares into Equity shares.

There are no assets and liabilities which have been carried at fair value through the profit and loss account.

There are no assets and liabilities which have been carried at fair value through the other comprehenssive income.

The management assessed that cash and cash equivalents, trade receivables, trade payables, and other current liabilities approximate their carrying amounts largely due to the short-term maturities of these instruments.

The fair values of the unquoted equity shares have been estimated using a DCF model. The valuation requires management to make certain assumptions about the model inputs, including forecast cash flows, discount rate, credit risk and volatility. The probabilities of the various estimates within the range can be reasonably assessed and are used in management s estimate of fair value for these unquoted equity investments.

The fair values of the Group''s interest-bearing borrowings and loans are determined by using DCF method using discount rate that reflects the issuer''s borrowing rate as at the end of the reporting period. The own nonperformance risk as at 31 March 2018 was assessed to be insignificant.

26 Capital Management

The company manages its capital to ensure that entities in the Company will be able to continue as a going concern while maximising the return to stakeholders through the optimisation of the capital deployment.

The company determines the amount of capital required on the basis of annual operating plans and long-term product and other strategic investment plans. The funding requirement are met through equity and long-term/ short-term borrowings.

27 The amounts and disclosures included in the financial statements of the previous year have been reclassified and regrouped whereever necessary.

For Sunil Kumar Gupta & Co. For and on behalf of Board of Directors

Chartered Accountants Manbro Industries Limited

Firm Registration number: 003645N

RAJIV GUPTA KANHIYA GUPTA HALDHER GUPTA

Managing Director Director Director

Rahul Goyal DIN:01236018 DIN: 07262275 DIN: 08168505

Partner

Membership No: 540880 Place: New Delhi Date: 30.05.2024 UDIN:

NALINI GUPTA BHUWAN SINGH TARAGI

Chief Financial Officer Company Secretary

u

---

Mar 31, 2014

NOTE 1B

Disclosure pursuant to Note no. 6(A) (f) of part I of Schedule VI to the Companies Act, 1956

No. of Equity Shares are held by the holding company: N/A

---

Mar 31, 2013

1) Nature of Operation:

M/s Unimode Overseas Limited is Public Limited Company, engaged in the business of the Trading. The Company was incorporated on 24.04.1992.

2. Contingent Liabilities :

In terms of AS-29 on Contingent Liabilities, the management is of the opinion that at present there is no Contingent Liability as on the date of this Balance Sheet.

(a) Capital and other commitments: - Rs. Nil

(b) Trade Tax/Sales Tax/Vat Rs. Nil

3. Related Party disclosure :

Information required to be disclosed under Accounting Standard 18 on "Related Party Disclosures" are not applicable in absence of any related party transaction during the year under review.

4. Balance Sheet of Trade receivable, Trade Payable and Loans and Advances are subject to confirmation available with the Company.

5. The Previous year figures have been regrouped, rearranged, recast, wherever necessary to compare the current year reconciliation, if any.

6. Additional Information as required under revised Schedule VI has been given to the extent applicable.

---

Mar 31, 2012

1. Members or their proxies are requested to present this form for admission, duly signed in accordance with their specimen signa- ture registered with the Company. The admission will, however, be subject to verification of signatures and such other checks, as may be necessary. Under no circumstances will any duplicate slip be issued at the entrance to the meeting hall.

2. No Gifts/Coupons will be distributed at the meeting.

---

Mar 31, 2011

1. CONTINGENT LIABILITIES

In terms of AS-29 on Contingent Liabilities , the management is of the opinion that at present there is no Contingent Liability as on the date of this Balance Sheet.

2. Sundry Debtors, Sundry Creditors, Loan & Advances and Bank Balances are subject to confirmation from the respective parties.

3. Disclosure requirements as per Accounting Standard AS-18 " Related Party Disclosure" are not applicable in absence of any related party transaction during the year under review.

4. Deferred Tax

In absence of any fixed assets , the Provision of Deferred tax in accordance to AS-22 not applicable.

5. Previous year figures have been re-arranged and re-grouped, wherever necessary.

6. Additional information required by para 3 to (4D) part II of schedule VI to the Companies Act, 1956 are not given in absence of any commercial/manufacturing activities during the year.

---

Mar 31, 2010

1. CONTINGENT LIABILITIES

In terms of AS-29 on Contingent Liabilities , the management is of the opinion that at present there is no Contingent Liability as on the date of this Balanc Sheet.

2. Sundry Debtors, Sundry Creditors, Loan & Advances and Bank Balances are subject to confirmation from the respective parties.

3. Disclosure requirements as per Accounting Standard AS-18 " Related Party Disclosure" are not applicable in absence of any related party transaction during the year under review.

4. Deferred Tax:

In absence of any fixed assets , the Provision of Deferred tax in accordance to AS-22 not applicable.

5. Previous year figures have been re-arranged and re-grouped, wherever necessary.

6. Additional information required by para 3 to (4D) part II of schedule VI to the Companies Act, 1956 are not given in absence of any commercial/manufacturing activities during the year.

---

Mar 31, 2009

1. CONTINGENT LIABILITIES

In terms of AS-29 on Contingent Liabilities, the management is of the opinion that at present there is no Contingent Liability as on the date of this Balance Sheet.

2. Sundry Debtors, Sundry Creditors, Loan & Advances and Bank Balances are subject to confirmation from the respective parties.

3. Disclosure requirements as per Accounting Standard AS-18 " Related Party Disclosure" are not applicable in absence of any related party transaction during the year under review.

4. Deferred Tax:

In absence of any fixed assets , the Provision of Deferred tax in accordance to AS-22 not applicable.

5. Previous year figures have been re-arranged and re-grouped, wherever necessary.

6. No Provision for Listing Fee of Stock Exchanges is made during the Financial Year 2008-09, as the management has decided that the same shall accounted for on payment basis.

7. The Company has not appointed any Company Secretary, as per requirement of Section 383 A of the Companies Act, 1956, hence annual accounts are not signed by the Company Secretary.

8. The manegement has contacted M/s Banaras IGA South Asia Limited, who have agreed to recover the amount from the debtors, which have already been written off as Bad Debts in previous year and that company has gauranteed the recovery of such bad debt for Rs. 10,00,000/- and hence, the management has written back those bad debts as income in the year under review at Rs. 10,00,000/-. In case if the recovery agency can recover higher amount than this, than the same shall be the income of recovery agency.

9. No commercial activities were carried out by the company during the year under review. Hence no Expenses debited under the headManufacturing Overheads.

10. Additional information required by para 3 to (4D) part II of schedule VI to the Companies Act, 1956 are not given in absence of any commercial/manufacturing activities is as under:-

(CAPACITY, PRODUCTION, PURCHASES, SALES, CONSUMPTION AND STOCKS: Not applicable, being no commercial activity.)

11. Earning in Foreign Currency NIL NIL

12. Expenditure in Foreign Currency NIL NIL

13. As per the information given by the management, the Company had passed a resolution in its Annual General Meeting hled on 30.09.2008 for voluntry winding up and necessary steps regardings filing of documents, advertisement etc. took place during the year under review. Thereafter, the shareholders in its EGM/ Board Meeting dated 29.06.2009, passed a resolution to withdraw the earlier resolution of voluntry winding up and decided to continue the existence of the Company with the intention to look for an opportunity to continue the business in long term Accordingly, the Board of Directors vide its resolution and vide its letter dt. 08.07.2009 requested the statutory Auditor to Conduct the Audit of Balance Sheet as at 31.03.2009 and to give their report thereon.