Notes to Accounts of Osia Hyper Retail Ltd.

Mar 31, 2025

19. Provisions, Contingent Liabilities and Contingent Assets

a) 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 probable that there will be an
outflow of resources.

b) Contingent Liabilities are not recognized but disclosed in the financial statements.

c) Contingent Assets are neither recognized nor disclosed in the financial statements.

d) Provisions, Contingent Liabilities and Contingent Assets are reviewed at each Balance Sheet Date.

i Equity Shares

The Company has only one class of equity shares. The par value of each equity share is Re. 1 per share. Each holder of equity shares is entitled to one vote per
share. In the event of liquidation of company, the holders of equity shares will be entitled to receive remaining assets of company after settlement of all
liabilities. The distribution will be in proportion to the number of equity shares held by the shareholders.

1. Aggregate number of bonus shares issued, share issued for consideration other than cash during the period of five years immediately preceding the reporting
date: In FY 2022-23:-38,67,146 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitaliszation of Secruity Premium of Rs. 3,86,71,460 and
in FY 2017-18 :- 18,75,000 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitalization of Securities Premium of Rs. 1,87,50,000.

The accompanying notes form an integral part of these financial statements
As per our Report of even date attached.

For SPJV & Co. For and on Behalf of Board of Directors of

Chartered Accountants Osia Hyper Retail Limited

Firm Regn No. 116884W

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Dhirendra Chopra Kavita Chopra

CA Manoj Jain Managing Director Director

Partner DIN : 06473774 DIN : 06473785

Date: 30.05.2025 .—SD— .—SD—

Place:Ahmedabad

UDIN : 25409062BMNRHZ3648 Neha Sharma Samir B Chunara

Company Sectretary Chief Financial Officer

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Mar 31, 2024

13. Corporate Social Responsbilities

Disclosure on Corporate Social Responsibility (CSR) activities u/s 135 of the Companies Act, 2013 is as under:

14. Related Party Disclosures

The Disclosures of Transaction with the related parties are given in NOTE 27.

15. Taxes on Income

Deferred Tax is recognized subject to consideration of prudence on timing differences being difference between taxable and accounting Income/Expenditure that originate in one period and are capable of reversal in one or more subsequent periods. Deferred Tax Assets are not recognized unless there is virtual certainty that sufficient future taxable income will be available against which such deferred tax assets will be realized.

16. Earning Per Share

Basic earnings per share is calculated by dividing the net profit or loss after tax for the year attributable to equity shareholders by the weighted average number of equity shares outstanding during the year. Diluted earnings per share are computed using the weighted average number of equity shares and dilutive potential equity shares outstanding during the year except where the results are anti-dilutive.

17. Minium Alternate Tax Credit

Minimum Alternate Tax Credit Entitlement is recognised in the books of account when there is convincing evidence that the Company will pay normal income tax during the specified period. The Entitlement is reviewed at each balance sheet date with regard to the correctness of the carrying amount.

18. Discontinuing Operation

During the years/period, the company has not discontinued any of its operations.

19. Provisions, Contingent Liabilities and Contingent Assets

a) 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 probable that there will be an outflow of resources.

b) Contingent Liabilities are not recognized but disclosed in the financial statements.

c) Contingent Assets are neither recognized nor disclosed in the financial statements.

d) Provisions, Contingent Liabilities and Contingent Assets are reviewed at each Balance Sheet Date.

Terms/Rights attached i Equity Shares

The Company has only one class of equity shares. The par value of each equity share is Re. 1 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of company, the holders of equity shares will be entitled to receive remaining assets of company after settlement of all liabilities. The distribution will be in proportion to the number of equity shares held by the shareholders.

1. Aggregate number of bonus shares issued, share issued for consideration other than cash during the period of five years immediately preceding the reporting date: In FY 2022-23:-38,67,146 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitaliszation of Secruity Premium of Rs. 3,86,71,460 and in FY 2017-18 :-18,75,000 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitalization of Securities Premium of Rs. 1,87,50,000

Note No. 30 : Contingent Liabilities & Commitments
Nature of Contingent Liabilities & Commitments	Figures as at	Figures as at
	31.03.2024	31.03.2023
Income Tax Matter under Dispute (Excluding Interest)	399.45	162.36
Total	399.45	162.36

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Mar 31, 2023

The Company has only one class of equity shares. The par value of each equity share was Rs. 10 per share at the beginning of the year which is splitted into face value of Rs.1 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of company, the holders of equity shares will be entitled to receive remaining assets of company after settlement of all liabilities. The distribution will be in proportion to the number of equity shares held by the shareholders.

During the year company has issued 38,67,146 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitalization of Securities Premium of Rs. 3,86,71,460. Aggregate number of bonus shares issued, share issued for consideration other than cash during the period of five years immediately preceding the reporting date: In FY 2017-18 :- 18,75,000 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitalization of Securities Premium of Rs. 1,87,50,000

During the year company has splitted the equity shares of having face value of Rs. 10 each to equity shares having face value of Rs. 1 each in the ratio of 1:10, thereby increasing the total number of equity shares from 1,03,12,390 to 10,31,23,900.

Note No. 30 : Contingent Liabilities & Commitments
Nature of Contingent Liabilities & Commitments	Figures as at 31.03.2023	Figures as at 31.03.2022
Income Tax Matter under Dispute (Excluding Interest)	162.36	87.75
Total	162.36	87.75
Nature of Contingent Liabilities & Commitments	Figures as at 31.03.2023	Figures as at 31.03.2022
Income Tax Matter under Dispute AY 2017-18 (Excluding Interest)	25.23	31.85
Income Tax Matter under Dispute AY 2018-19 (Excluding Interest)	44.72	55.90
Income Tax Matter under Dispute AY 2020-21 (Excluding Interest)	67.52
Income Tax Matter under Dispute AY 2021-22 (Excluding Interest)	22.73
Income Tax Matter under Dispute AY 2022-23(Excluding Interest)	2.16
Total	162.36	87.75