Notes to Accounts of Novyra Pharmachem Ltd.

Mar 31, 2025

p) Provisions Contingent liabilities and contingent assets:-

A provision is recognized if, as a result of a past event, the Company has a present legal
obligation that can be estimated reliably, and it is probable that an outflow of economic
benefits will be required to settle the obligation. Provisions are determined by the best
estimate of the outflow of economic benefits required to settle the obligation at the
reporting date. Where no reliable estimate can be made, a disclosure is made as
Contingent Liability.

A disclosure for a Contingent Liability is also made when there is a possible obligation or
a present obligation that may, but probably will not, require an outflow of resources.
Where there is a possible obligation or a present obligation in respect of which the
likelihood of outflow of resources is remote, no provision or disclosure is made.

Possible obligation that arises from the 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 is
reported as Contingent Liability. In the rare cases, when a liability cannot be measures
reliable, it is classified as Contingent Liability. The Company does not recognize a
Contingent Liability but disclosed its existence in the standalone financial statements.

q) Event after Reporting Date: -

Where events occurring after the Balance Sheet date provide evidence of condition that
existed at the end of reporting period, the impact of such events is adjusted within the
standalone financial statements. Otherwise, events after the Balance Sheet date of
material size or nature are only disclosed.

All the events occurring after the Balance Sheet date up to the date of the approval of
the standalone financial statement of the Company by the board of directors on May
25th 2025, have been considered, disclosed and adjusted, wherever applicable, as per
the requirement of Accounting Standards.

19. The previous year’s figures have been reworked, regrouped, and reclassified wherever
necessary. Amounts and other disclosures for the preceding year are included as an integral part
of the current annual financial statements and are to be read in relation to the amounts and
other disclosures relating to the current financial year.

20. The Company has not revalued its Property, Plant and Equipment for the current year.

21. There is no Capital work in progress for the current year of the company.

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

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

24. No proceeding has been initiated or pending against the Company for holding any Benami
property under the Benami Transactions (Prohibition) Act, 1988, as amended, and rules made
thereunder.

25. The company has not been declared as willful defaulter by any bank or financial
institution or government or government authority.

26. The Company has not advanced or loaned to or invested in funds to any other person(s) or
entity(is), including foreign entities (Intermediaries) with the understanding that the
Intermediary shall:

a) directly or indirectly lend to or invest in other persons or entities identified in any
manner whatsoever by or on behalf of the company (Ultimate Beneficiaries)

or

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

27. The Company has not received any fund from any person(s) or entity(is), including foreign
entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that
the Company shall

a) directly or indirectly lend to or invest in other persons or entities identified 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

Beneficiaries.

28. The company does not have transaction with the struck off under section 248 of Companies act,
2013 or section 560 of Companies Act 1956.

29. The company is in compliance with the number of layers prescribed under clause (87) of section
2 of company’s act read with companies (restriction on number of layers) Rules, 2017.

30. Foreign Currency Transactions:

Expenditure in Foreign Currency: - NIL
Earnings in Foreign Currency: - NIL

31. The balances of Trade payables, Trade Receivable and loans and advances are subject to
confirmation by respective parties.

32. In the opinion of the Board of Directors, the current assets, loans and advances are

approximately of the value stated, if realized in the ordinary course of business.

33. Wherever external evidence in the form of cash memos / bills / supporting are not

available, the internal vouchers have been prepared, authorized and approved.

34. Statement of Management

(i) The current assets, loans and advances are good and recoverable and are

approximately of the values, if realized in the ordinary courses of business unless and
to the extent stated otherwise in the Accounts. Provision for all known liabilities is
adequate and not in excess of amount reasonably necessary.

(ii) Balance Sheet, Statement of Profit and Loss and Cash Flow Statement read together
with Notes to the accounts thereon, are drawn up so as to disclose the information
required under the Companies Act, 2013 as well as give a true and fair view of the
statement of affairs of the Company as at the end of the year and results of the
Company for the year under review.

35. Related Party Reporting:

During the year No transactions were carried out with related parties in the ordinary course of
business.

EARNINGS PER SHARE: -

The Company reports basic and diluted earnings per share (EPS) in accordance with the
Accounting Standard 20 prescribed under The Companies (Accounting Standards) Rules, 2006 (as
amended). The Basic EPS has been computed by dividing the income available to equity
shareholders by the weighted average number of equity shares outstanding during the accounting
year. The Diluted EPS has been computed using the weighted average number of equity shares and
dilutive potential equity shares outstanding at the end of the year.

37. Segment Reporting

The Company has identified business segments as its primary segment. Business segments are
primarily Trading in Agriculture Product and. Expenses which are not directly identifiable to
each reportable segment have been allocated on the basis of associated revenues of the
segment. All other expenses which are not attributable or allocable to segments have been
disclosed as unallocable expenses. Assets and liabilities that are directly attributable or
allocable to segments are disclosed under each reportable segment. All other assets and
liabilities are disclosed as unallocable. Details are as below:

38. Notes forming part of accounts in relation to Micro and small enterprise

1. Based on information available with the company, on the status of the suppliers being Micro or
small enterprises, on which the auditors have relied, the disclosure requirements of Schedule III to
the Companies Act,2013 with regard to the payments made/due to Micro and small Enterprises are
given below :

The company has initiated the process of obtaining the confirmation from suppliers who have
registered themselves under the Micro, Small and Medium Enterprises Development Act, 2006
(MSMED Act, 2006) but has not received the same in totality. The above information is compiled
based on the extent of responses received by the company from its suppliers.

39. Compliance with approved scheme of Arrangements.

Company does not have made any arrangements in terms of section 230 to 237 of companies
act 2013, and hence there is no deviation to be disclosed.

40. Loans or Advances in the nature of loans

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.

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Mar 31, 2014

1. The company has one class of equity shares having par value of Rs. 10/- per shares. Each holder of an equity share is entitle to one vote per share

In the event of liquidation of the Company, the holders of equity shares will be entitled to received remaining assets of the Company, after distribution of all perferential amounts. The distribution will be in proprotion to the number of shares held by the equity share holders

2. There was no Foreign Currency transaction during the year.

3. Unexecuted Capital Commitments could not be ascertained (Previous year - same).

4. Interim Financial Reporting :

The company has elected to publish quarterly financial results which were subject to limited review by the statutory auditors.

5. Sundry Debtors, Sundry Creditors and Sundry Advance balance are subject to Confirmation by the parties.

6. No provision for taxation has been made in the accounts in view of carried forward losses from previous years.

7. The company does not have any outstanding liability exceeding a sum of Rupees one lakh for the period of more than 30 days in respect of small scale undertakings.

8. Defferred Tax:

The company has unabsorved depreciation & carried forward losses available for set off under the Income Tax Act. 1961. However in view of present uncertainty regarding generation of sufficient future taxable income, Net Defferred Tax at the year end including related undefferred tax for the year has not been recognised in the account on prudent basis.

9. The figures in bracket represent the previous year figure unless otherwise stated.

10. Segment information :

The Company''s only business during the year is Green leaf growing & selling, hence disclosure segment wise information is not applicable under AS 17 "segment information (AS 17)". There is no geographical segment to be reported.

11. The figures have been regrouped and rearranged wherever found necessary and all figures are rounded off to the nearest rupee.

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Mar 31, 2012

I. There was no Foreign Currency transaction during the year.

II. Unexecuted Capital Commitments could not be ascertained (Previous year - same).

III. Interm Financial Reporting :

The company has elected to publish quarterly financial results which were subject to limited review by the statutory auditors.

IV. Sundray Debtors, Sundry Creditors and Sundry Advance balance are subject to Confirmation by the parties.

V. No provision for taxation has been made in the accounts in view of carried forward losses from previous years.

VI. The company does not have any outstanding liability exceeding a sum of Rupees one lakh for the period of more than 30 days in respect of small scale undertakings.

VII. Earning per share the basic and diluted :-

VIII. Defferred Tax :

The company has unabsorved depreciation & carried forward losses available for set off under the Income Tax Act. 1961. However in view of present uncertainty regarding generation of sufficient future taxable income, Net Defferred Tax at the year end including related undefferred tax for the year has not been recognised in the account on prudent basis.

IX. The figures in bracket represent the previous year figure unless otherwise stated.

X. Segment information :

The Company is only business during the year is Green leaf growing & selling, hence disclosure of segment wise information is not applicable under AS 17 segment information (AS 17) There is no geographical segment to be reported.

XI. The figures have been regrouped and rearranged wherever found necessary and all figures are rounded off to the nearest rupee.

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Mar 31, 2010

1. Contingent Liabilities :

Some Lands acquired by the Company are yet to be transferred in the Companys name, however they are utilised for the plantation work of the Company. The registration cost that may be required has not been taken into account and provided for.

2. Sundray Debtors, Sundry Creditors and Sundry Advance balance are subject to Confirmation by the parties.

3. No provision for taxation has been made in the accounts in view of carried forward losses from previous years.

4. The company does not have any outstanding liability exceeding a sum of Rupees one lakh for the period of more than 30 days in respect of small scale undertakings.

5. Defferred Tax :

The company has unabsorved depreciation & carried forward losses available for set off under the Income Tax Act. 1961. However in view of present uncertainty regarding generation of sufficient future taxable income, Net Defferred Tax at the year end including related undefferred tax for the year has not been recognised in the account on prudent basis.

6. The figures in bracket represent the previous year figure unless otherwise stated.

7. Segment information :

The Company is only business during the year is Green leaf growing & selling, hence disclosure of segment wise information is not applicable under AS 1 7 segment information (AS 1 7)". There is no geographical segment to be reported.

8. The figures have been regrouped and rearranged wherever found necessary and all figures are rounded off to the nearest rupee.