Notes to Accounts of Reliable Data Services Ltd.

Mar 31, 2025

Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker, in deciding how to allocate resources and assessing performance. The Group''s chief financial decision maker is the Chief Financial Officer and Managing Director. The Group has identified business segments (‘industry vertical'') as reportable segments. The business segments comprise: 1) Banking, Financial Services and Insurance, 2) Non Banking, Financial Services and Insurance . Revenue and expenses directly attributable to segments are reported under each reportable segment. Expenses which are not directly identifiable to each reporting segment have been allocated on the basis of associated revenue of the segment or manpower efforts. All other expenses which are not attributable or allocable to segments have been disclosed as unallocable expenses.

The assets and liabilities of the Group are used interchangeably amongst segments. Allocation of such assets and liabilities is not practicable and any forced allocation would not result in any meaningful segregation. Hence assets and liabilities have not been identified to any of the reportable segments. Summarised segment information for the years ended March 31,2025 and 2024, is as follows:Year ended March 31,2025 ('' Lakhs)

	NOTES TO ACCOUNTS FORMING AN INTEGRAL PART OF STANDALONE PROFIT & LOSS STATEMENT FOR THE YEAR ENDED 31st MARCH 2025	As at 31st March, 2025 (In Lakhs)	As at 3 1st March, 2024 ( Lakhs)
(a)	Contingent liabilities and commitments (to the extent not provided for)	2024-25	2023-24
(i) Contingent Liabilities
(a) Claims against the company not acknowledged as debt		Nil	Nil
(b) Guarantees		Nil	Nil
(c) Other money for which the company is contingently liable		Nil	Nil
(ii) Commitments
(a) Estimated amount of contracts remaining to be executed on capital account and		Nil	Nil
(b) Uncalled liability on shares and other investments partly paid		Nil	Nil
(c) Other commitments (specify nature)		Nil	Nil

(f) Pending Litigations

The Management of the company hereby confirms that there is no pending litigation against the company, which has not material impact on its Financial position and accordingly no provisions made in its Financial Statements.

(g) Employee Benefits :

As per Accounting Standard-15 short term employee benefits, like salary, wages and incentives paid or payable for services rendered by employees during the year under reporting are charged to Profit & Loss account. Long term benefits like contribustion to Provident Fund, ESI etc have been contributed by the Company and recognised as expenses for the period of services rendered by the employees and charged to profit & loss account for the year. Retirement benefits like Gratuity and Leave encashment is determined on the basis of Actuarial Valuation and provisions made in the financial statement and recognised as an expenses for the year.

(h) List of all significant joint ventures & description of Interest:

1 .The company has entered into a joint venture with M/s Authentic Developers Pvt. Ltd, Mr. Sanjay Kumar Pathak and Mr. Rajib Ranjan for construction of building at C-70, Sector 2, Noida. and has invested of Rs. 2,49.90 lacs till the end of the financial year 2016-2017 .

2.The Company has other joint venture with Total Outsourcing Solutions which is engaged in the business of debt Syndication with Co venture Mr. Sanjay Kumar Pathak

(i) Segmental Reporting :

Operating segments are reported in a manner consistent with the internal reporting provided to the Executive Management/Chief operating decision maker ("CODM").

Company sale investment during the year and on that case company incurred capital gain of Rs. 450.34. which shown in profit

(j) ^{and loss account as a capital gain}.

The board of directors of the company has recommended final /proposed dividend of Rs.0.04 per shares for the ^{( )} current Financial Year

(l) Previous year''s comparatives:

Previous Year figures have been regrouped/recast wherever necessary to make them comparable with current year amount. Signed in terms of our separate report of even date

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Mar 31, 2024

(f) Pending Litigations

The Management of the company hereby confirms that there is no pending litigation against the company, which has not material impact on its Financial position and accordingly no provisions made in its Financial Statements.

(g) Employee Benefits

As per Accounting Standard-15 short term employee benefits, like salary, wages and incentives paid or payable for services rendered by employees during the year under reporting are charges to Profit & Loss account. Long term benefits like contribution to Provident Fund, ESI etc have been contributed by the Company and recognized as expenses for the period of services rendered by the employees and charged to profit & loss account for the year. Retirement benefits like Gratuity and Leave encashment is determined on the basis of Actuarial Valuation and provisions made in the financial statement and recognized as an expenses for the year.

h) List of all significant joint venture & description of interest:

1. The company has entered into a joint venture with M/s Authentic Developers Pvt. Ltd, Mr. Sanjay Kumar Pathak and Mr. Rajib Ranjan for construction of building at C-70, Sector 2, and Noida. and has invested of Rs. 2,49.90 lacs till the end of the financial year 2016-2017 .

2. The Company has other joint venture with Total Outsourcing Solutions which is engaged in the business of debt Syndication with Co-venture Mr. Sanjay Kumar Pathak

(I) Segmental Reporting:

Operating segments are reported in a manner consistent with the internal reporting provided to the Executive Management/Chief operating decision maker ("CODM").

(J) Reliable Data Services Limited (the Company) has ventured into a new line of activity for assignment of business debtors of M/s Abhipra Capital Limited New Delhi vide Agreement of business debtors executed on 22^nd March 2024. M/s Abhipra Capital Limited is a depositary participant (DP) with NSDL and CDSL and Registered with SEBI as well. It has Accumulating Debtors on accounting off unpaid DP fees etc. of due for more than three month amounting to RS 916.33 Lakhs. It has agreed to accept the assignment of that amount at Rs. 800 Lakhs. And under writing charges of Rs. 106.33 lakhs has been upfront booked as income during the year

(K) The Board of Directors of the Company has recommended final/proposed dividend of Rs.0.03 per share for the current financial year.

The Company has maintained its books of accounts using accounting software that includes an audit trail (edit log) feature. This Feature has been operational throughout the financial year for all transactions recorded in the

software. The audit trail has not been tempered with and it has been preserved in accordance with statutory requirements for record retention.

(M)) Previous year’s comparatives:

Previous Year figures have been regrouped/ recast wherever necessary to make them comparable with current year amount.

Signed in terms of our separate report of even date

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Mar 31, 2023

l. Provisions and Contingencies: A provision is recognized when the company has a present obligation as a result of past event. It is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are not discounted to their present value and are determined based on estimates and reviewed at each reporting date and adjusted to reflect the current estimate.

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. The Company does not recognize a contingent liability but discloses its existence in the financial statements by way of notes. Contingent assets are neither recognised nor disclosed in the financial statements.

m. Interest in Significant Joint Venture: The Company has recognized investment in joint venture at cost in accordance with accounting standard 13 on investment.

n. Impairment of Property, Plant & Equipment: The carrying amount of assets are reviewed for impairment at each reporting date. An impairment loss is recognized for the amount by which the assets'' carrying amount exceeds its recoverable amount. The recoverable amount is the higher of the assets net selling price and value in use. To calculate value in use, estimated future cash flows are discounted to their present value using a pretax discount rate that reflects the current market rates and risk specific to the asset. For an asset that does not generate largely independent cash flows, the recoverable amount is determined for the cash generating unit to which the asset belong. Net selling price is best estimate of the amount obtainable from sale of the asset in an arm''s length transactions between knowledgeable, willing parties, less cost of disposal.

o. Other Accounting Policies:- Other Accounting Policies which are not covered hereinabove are consistent with generally accepted accounting principles applicable in India

23B NOTES ON ACCOUNTS

Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker, in deciding how to allocate resources and assessing performance. The Group’s chief financial decision maker is the Chief Financial Officer and Managing Director. The Group has identified business segments (‘industry vertical’) as reportable segments. The business segments comprise: 1) Banking, Financial Services and Insurance, 2) Non-Banking, Financial Services and Insurance. Revenue and expenses directly attributable to segments are reported under each reportable segment. Expenses which are not directly identifiable to each reporting segment have been allocated on the basis of associated revenue of the segment or manpower efforts. All other expenses which are not attributable or allocable to segments have been disclosed as unallocable expenses.

The assets and liabilities of the Group are used interchangeably amongst segments. Allocation of such assets and liabilities is not practicable and any forced allocation would not result in any meaningful segregation. Hence assets and liabilities have not been identified to any of the reportable segments. Summarised segment information for the years ended March 31,2023 and 2022, is as follows: Year ended March 31, 2023 ('' Lakhs)

(f) Pending Litigations

The Management of the company hereby confirms that there is no pending litigation against the company, which has not material impact on its Financial position and accordingly no provisions made in its Financial Statements.

(g) Employee Benefits

As per Accounting Standard-15 short term employee benefits, like salary, wages and incentives paid or payable for services rendered by employees during the year under reporting are charges to Profit & Loss account. Long term benefits like contribution to Provident Fund, ESI etc have been contributed by the Company and recognized as expenses for the period of services rendered by the employees and charged to profit & loss account for the year. Retirement benefits like Gratuity and Leave encashment is determined on the basis of Actuarial Valuation and provisions made in the financial statement and recognized as an expenses for the year.

h) List of all significant joint venture & description of interest:

1. The company has entered into a joint venture with M/s Authentic Developers Pvt. Ltd, Mr. Sanjay Kumar Pathak and Mr. Rajib Ranjan for construction of building at C-70, Sector 2, and Noida. and has invested of Rs. 2,49.90 lacs till the end of the financial year 2016-2017 .

2. The Company has other joint venture with Total Outsourcing Solutions which is engaged in the business of debt Syndication with Co-venture Mr. Sanjay Kumar Pathak

(I) Segmental Reporting:

Operating segments are reported in a manner consistent with the internal reporting provided to the Executive Management/Chief operating decision maker ("CODM").

(J) Reliable Data Services Limited (the Company) has ventured into a new line of activity for assignment of business debtors of M/ s Abhipra Capital Limited New Delhi vide Agreement of business debtors executed on 22^nd March 2023. M/s Abhipra Capital Limited is a depositary participant (DP) with NSDL and CDSL and Registered with SEBI as well. It has Accumulating Debtors on accounting off unpaid DP fees etc. of due for more than three month amounting to RS 916.33 Lakhs. It has agreed to accept the assignment of that amount at Rs. 800 Lakhs. And under writing charges of Rs. 106.33 lakhs has been upfront booked as income during the year

(K) ) Previous year''s comparatives:

Previous Year figures have been regrouped/ recast wherever necessary to make them comparable with current year amount.

Signed in terms of our separate report of even date

For and on behalf of Ashutosh Pandey & Associates.

For & on behalf of the Board Chartered Accountant

Reliable Data Services Limited

(FRN:021376N)

Sanjay Kumar Pathak Sandeep Kumar Jha Niharika Gupta Parbind Jha Ashutosh Kumar Pandey Managing Director Whole Time Director CS CFO (Proprietor)

DIN:00912040 DIN: 01982698 (Mem No. 50409) (Mem No. 507900)

Date: 30/05/2023 Place: Noida

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Mar 31, 2018

1.A.a. Pending Litigations

The Management of the company hereby confirms that there is no pending litigation against the company, except the following, which has material impact on its Financial position and accordingly no provisions made in its Financial Statements.

Litigation relating to Labour dispute was decided in the labourr court in favour of an ex-employee. Against the decision of the Labour court, the Company has filed a petition with the Hon’able High Court- Delhi. Amount involved in this law suit is Rs 1.75 lacs.

1.A.b Employee Benefits

As per Accounting Standard-15, short term employee benefits, like salary, wages and incentives paid or payable for services rendered by employees during the year under reporting are charged to Profit & Loss account. Long term benefits like contribution to Provident Fund, ESI etc have been contributed by the Company and recognised as an expenses for the period of services rendered by the employees and charged to profit & loss account for the year. Retirement benefits like Gratuity and leave encashment is determined on the basis of Actuarial Valuation and provisions made in the financial statements and recognised as an expenses for the year.

1.A.c.List of all significant joint venture & description of interest:

The company has entered into a joint venture with M/ s Authentic Developers Pvt. Ltd, Mr. Sanjay Kumar Pathak and Mr Rajib Ranjan for construction of building at C-70, Sector 2, and Noida and has invested Rs. 2, 49.90 lacs, till the end of the financial year under reporting. Amount invested during the previous financial year Rs46.57 lacs and total amount of investment at end of the previous financial year i0s Rs 249.90 lacs.

The Company has other joint venture with Total Outsourcing Solutions which is engased in the business of Debt Syndication with coverture Mr. Sanjay Kumar Pathak.

1.A.d Segmental Reporting:

The Company is operating only in one segment on Pan India basis, hence material requirement of disclosures are inapplicable.

1.A.e. Previous year’s comparatives:

Previous Year figures have been regrouped/recast wherever necessary to make them comparable with current year amount.