Notes to Accounts of ROX Hi-Tech Ltd.

Mar 31, 2025

12 Provisions and Contingent Liabilities:

A provision is recognised if, as a result of past
event, the Company has a present legal obligation
that can be estimated reliably and it is probable
that an outflow of economic benefit will be required
to settle the obligation. Provisions are determined
by the best estimate of 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 possible
obligation or present obligation in respect of which
the likelihood of outflow of resources is remote, no
provision or disclosure is made.

13 Earnings Per Share:

Basic Earnings per share is computed by dividing
the net profit after tax by the weighted average
number of equity shares outstanding during the
period. Diluted earnings per share is computed
by dividing the net profit after tax by the weighted
average number of shares considered for deriving
basic earnings per share and also the weighted
average number of equity shares that could have
been issued upon conversion of all dilutive potential
equity shares. The diluted potential equity shares
are adjusted for the proceeds receivable had the
shares been actually issued at fair value which
is the average market value of the outstanding
shares. Dilutive potential equity shares are deemed
converted as at the beginning of the period, unless
issued at a later date. Dilutive potential equity
shares are determined independently for each
period presented.

14 Cash and Cash Equivalents:

The Company''s cash and cash equivalents
consist of cash on hand and in banks , which can
be withdrawn at any time, without prior notice or
penalty on the principal. For the purposes of the
statement of cash flows, cash and cash equivalents
include cash on hand, in banks are considered
part of the Company''s cash management system.
In the balance sheet, bank overdrafts are presented
under borrowings within current liabilities.

15 Cash Flow Statement:

Cash flows are reported using indirect method,
whereby net profit/loss before tax is adjusted for
the effects of transactions of a 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. The cash flows from operating,
investing and financing activities of the Company
are segregated.

16 Investments:

Investments, which are readily realizable and
intended to be held for not more than one year
from the date on which such investments are
made, are classified as current investments.
All other investments are classified as
long-term investments.

The company has only one class of equity shares having at par value of Rs.10/- per share. Each holder of equity
shares is entilted to one vote per share. The company will pay dividend in Indian rupees as and when declared.
Dividend has not been proposed by the Board of Directors for the year.

In the event of liquidation of the company, the holders of equity shares will be entilted to receive remaining assets
of the company, after distribution of all preferential amounts. The distribution will be proportion to the number of
equity shares held by the shareholders.

The reconciliation of number of shares outstanding and the amount of share capital as at March 31, 2025 and
March 31, 2024 is set out below:

Note 31: SEGMENT REPORTING

The entire operations of the Company relate only to one segment viz. ''Sale of Computer hardware components
pheripheral devices, all kinds of electronic data processing equipments, providing in all kinds of software,
including packaged & Customized software & Implement software solutions.'' and hence no disclosure are
required to be provided. The business segment have been identified on the basis of the nature of products and
services, the risks and returns, internal organisation and management structure and the internal performance
reporting systems.

Nature of CSR Activities : promotion of education of children in rural areas.

Note 35: ADDITIONAL REGULATORY INFORMATION

a) The Title deeds of the immovable properties (other than properties where the Company is the lessee and the
lease agreements are duly executed in favour of the lessee) are held in the name of the Company.

b) The Company does not have any investment property.

c) The Company has not revalued its Property, Plant and Equipment (including Right to Use Assets).

d) The Company has not revalued its Intangible Assets.

e) The Company has not granted Loans or Advances in the nature of loan to related parties (As per Companies Act,
2013).

f) 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.

g) The Company has been sanctioned working capital limits in excess of Rs. Five crores in aggregate from banks
during the year. The quarterly returns or statements of Current Asset filed by the Company are in agreement
with the Books of Account.

h) The Company is not declared as "willful defaulter" by any bank or financial institution or other lender.

i) There are no transactions with the Companies whose name struck off under section 248 of The Companies Act,
2013 or section 560 of Companies Act, 1956 during the year ended 31 March, 2025

j) All applicable cases where registration of charges or satisfaction is required to be filed with Registrar of
Companies have been filed. No registration or satisfaction is pending at the year ended 31 March 2025.

k) The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Companies
Act, 2013 read with Companies (Restriction on number of Layers) Rules, 2017.

l) No scheme of arrangement has been approved by the competent authority in terms of Section 230 to 237 of the
Companies Act, 2013.

m) The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any
other sources or kind of funds) to any other person or entity, including foreign entities (Intermediaries) with the
understanding (whether recorded in writing or otherwise) that the Intermediary shall :

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

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

n) The Company has not received any fund from any person or entity, including foreign entities (Intermediaries)
with the understanding (whether recorded in writing or otherwise) that the Company shall

i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on
behalf of the funding Party (Ultimate Beneficiaries)

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

o) The Company has no such transaction which is not recorded in the books of accounts that has been voluntarily
surrendered or disclosed as income during the year in the tax assessments under Income Tax Act, 1961 (such as,
search or survey or any other relevant provisions of the Income Tax Act,1961).

p) The Company has not operated in any crypto currency transactions.

The accompanying notes are an integral part of the Financial Statements.

As per our Report of even date

For Krishaan & Co., For and on behalf of the Board of Directors of

Firm Regn No. : 001453S Rox Hi-Tech Limited

Chartered Accountants

K Sundarrajan Sukanya Rakesh Jim Rakesh

Partner Director cum CFO Managing Director

Membership No. : 208431 DIN: 01722486 DIN: 01722482

UDIN: 25208431BMIFTF1473

Place : Chennai Thenmozhi

Date : May 28,2025 Company Secretary cum Compliance Officer

M No: A66685

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Mar 31, 2024

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

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

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

21 Undisclosed income:

There are no transactions that were not recorded in the books of account, and which has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (43 of 1961).There is no previously unrecorded income and related assets have been recorded in the books of account during the year.

22 Details of Crypto Currency or Virtual Currency:

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

23 Disclosure of related parties/related party transactions pursuant to Accounting Standard (AS) - 18 “Related Party Disclosures”:

26 Employee Benefit (Incurred in India):

Gratuity - The Present value of obligation is determined based on actuarial valuation using the Projected Unit Credit Method. This method considers each period of service as giving rise to an additional unit of benefit entitlement and

measureseach unit separately to build up the final obligation.

Interest cost: It is the increase in the Plan liability over the accounting period resulting from the operation of the actuarial assumption of the interest rate.

Current Service Cost: is the discounted present value of the benefits from the Plan''s benefit formula attributable to theservices rendered by employees during the accounting period.

Actuarial Gain or Loss: occurs when the experience of the Plan differs from that anticipated from the actuarial assumptions. It could also occur due to changes made in the actuarial assumptions.

The estimates of rate of escalation in salary considered in actuarial valuation, take into account inflation, seniority, promotion and other relevant factors including supply and demand in the employment market. The above information is certified by the actuary.

27 Cash Flow Statement:

(1) The amount of significant cash and cash equivalent balances held by the enterprise as at March 31, 2024 was Rs.16,74,423/-that are available for use by Company.

(2) The Company has appropriate amount of Cash Flows that are required to maintain operating capacity.

(3) Company is investing adequately in the maintenance of its operating capacity.

28 Changes in Accounting Estimates

There are no changes in Accounting Estimates made by the Company during the year.

29 Changes in Accounting Policie

There are no changes in Accounting Policies made by the Company during the year.

33 Balance shown under head Sundry debtors, creditors and advances are subject to confirmation.

34 Previous year’s figures have been regrouped / reclassified wherever necessary to correspond with current year’s classification.

30 Disclosures on PPE and Intangible Assets

I. Property, Plant and Equipment

(1) There is no restriction on the title of Property, Plant and Equipment, subject to only those which are under hypothecation/ charge.

(2) Company has no Impairment loss during the period for Property, Plant & Equipment.

(3) Assets are periodiacally checked for active usage and those which are retired are written off.

(4) There are no temporarily idle property, plant and equipment.

(5) Intangible asset is amortised as per Schedule II. 31

31 Segment Reporting:

The Company has considered the business segment as the primary reporting segment. The business segment have been identified on the basis of the nature of products and services, the risks and returns, internal organisation and management structure and the internal performance reporting systems. The Business segment comprises of dealing in Computer Hardware components, pheripheral devices, all kinds of electronic data processing equipments, providing in all kinds of software, including packaged & Customized software & Implement software solutions.