Notes to Accounts of Sampann Utpadan India Ltd.

Mar 31, 2025

P. PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

Provisions involving substantial degree of estimation in measurement are recognized when there is present
obligation as a result of past events and it is probable that there will be outflow of resources. Provisions are
measured at the best estimate of the expenditure required to settle the present obligation at the Balance Sheet
date and are not discounted to its present value. Contingent liabilities are not recognized but are disclosed in the
notes on accounts. Contingent assets are neither recognized nor disclosed in the financial statements and will be
recognize only when its realization is virtually certain. However, there is no contingent liability or asset.

Q. USE OF ESTIMATES AND JUDGEMENTS

The preparation of financial statements requires the management to make estimates and assumptions considered
in the reported amount of assets and liabilities (including contingent liabilities) as on the date of the financial
statements and the reported income and expenses during the reporting period. Management believes that the
estimates used in the preparation of the financial statements are prudent and reasonable. Actual results could
differ from these estimates. Any revision to accounting estimates is recognized prospectively in current and future
periods.

R. FOREIGN CURRENCY TRANSACTIONS

As prescribed in Ind AS - 21 - "The effect of changes in foreign exchange rates", Transactions in foreign currency
are recorded at the rates of exchange prevalent on the date of transaction. Exchange differences, if any arising
from foreign currency transactions are dealt in the statement of profit and loss at year end rates.

There is substantial reduction in the "Income from Non-Conventional Energy Division" due to the reason that 4 windmills of Karnataka
have been closed since 7th May, 2022 due to the (a) directive issued by the Principal Chief Conservator of Forest (PCCF) dated 7th May,
2022 to the Chief Conservator of Forests (CCF), Bellary to suspend the operation of all 127 wind turbines situated at Chitraduarga site,
Karnataka until further notice and, (b) directive issued by the Deputy Conservator of Forest (DCF) to all Range Forest Officers (RFOs)
to stop operations of the 127 wind turbines at the aforesaid site with effect from 7^th May, 2022. "

31. Working Capital Borrowings:

The facilities from Yes Bank are secured by hypothecation of stock of Raw Material, Stock in process, stores & Spares, Finished goods,
Packing material, Book Debts, Bill discounted, etc.

32. Term Loans:

Term loan facilities from Yes Bank are secured by hypothecation of Plant & Machinery and equitable mortgage of land belonging to the
Company and other personal guarantees.

The same are repayable in quarterly installments as per terms of sanction.

Note :

The company has received an extension of 24 months from the Director General, Directorate General of Foreign Trade, New Delhi, for
fulfilling our pending Export Obligation against EPCG Authorization No. 0530161909 dated 27.11.2013. This extension was granted as
per the Minutes of Meeting of the EPCG Committee 01/AM-25 dated 19/04/2024. This extension allows the company additional time to
meet its export obligations under the specified EPCG Authorization.

37. Deferred Revenue Expenditure:

Deferred Revenue Expenses for Product Development of Butyl Production. The company has incurred expenses incurred in relation to
the marketing of a new product. These expenses have been deferred in accordance with the company''s accounting policies. The
deferred revenue expenses are expected to be amortized over the 5 years of marketing of a new product.

38. Exceptional Income of Extended Producer Responsibility (EPR) Credit:

As per the rules a producer under Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2022
is required to fulfil its annual EPR obligations through purchase of EPR certificates/credits from registered recyclers. The EPR
certificates/credits are to be generated by CPCB in favour of the recyclers based on the quantity of Waste tyres recycled by the company.

For the F.Y. 2022-23 company sold its EPR credits for Rs. 335.36 Lakh. For the F.Y. 2023-24, the company has estimated income
amounting to Rs. 475.86 Lakh as unbilled income for available EPR. Both the income has been recognized under the head exceptional
income.

For D. TAYAL & JAIN Sd/- Sd/-

Chartered Accountants (NEERAJ KUMAR MEHRA) (SACHIN AGARWAL)

^{Firm Reg}. ^No. ^011181C Chief Financial Officer Managing Director

PAN No. : AHWPM0985D DIN : 00007047

Delhi Delhi

Sd/-

(CA. DEEPAK TAYAL)

Proprietor Sd/- Sd/-

Membership No. 073102 (SAURABH AGRAWAL) (SANJEET KUMAR RATH)

UDIN : 25073102BMMHPG3819 Company Secretary Executive Director

Place : New Delhi Membership No. : A32635 DIN : 08140999

Date : 22.04.2025 Delhi Vadodara

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Mar 31, 2024

Income from Non-conventional Energy Division:

During the current year, there is substantial reduction in the "Income from Non-Conventional Energy Division" due to the reason that 4 windmills of Karnataka have been closed since 7^th May, 2022 due to the (a) directive issued by the Principal Chief Conservator of Forest (PCCF) dated 7^th May,2022 to the Chief Conservator of Forests (CCF), Bellary to suspend the operation of all 127 wind turbines situated at Chitraduarga site, Karnataka until further notice and, (b) directive issued by the Deputy Conservator of Forest (DCF) to all Range Forest Officers (RFOs) to stop operations of the 127 wind turbines at the aforesaid site with effect from 7^th May,2022. "

Working Capital Borrowings:

The facilities from Yes Bank are secured by hypothecation of stock of Raw Material, Stock in process, stores & Spares, Finished goods, Packing material, Book Debts, Bill discounted, etc

Term Loans:

Term loan facilities from Yes Bank are secured by hypothecation of Plant & Machinery and equitable mortgage of land belonging to the Company and other personal guarantees.

The same are repayable in quarterly installments as per terms of sanction.

Contingent Liabilities:			(''in Lakhs)
Sr. No.	Nature of Liability	Amount 2023-24	Amount 2022-23
1	Bank Guarantee to Custom Dept. (against EPCG Scheme)	118.30	118.30
1.a	Recovery of Saved Custom Duty under EPCG License	540.22	607.26
2	Bank Guarantee to Madhya Gujarat Vij Company Ltd. (MGVCL)	165.00	107.83
	Total	823.52	833.39

The company has received an extension of 24 months from the Director General, Directorate General of Foreign Trade, New Delhi, for fulfilling our pending Export Obligation against EPCG Authorization No. 0530161909 dated 27.11.2013. This extension was granted as per the Minutes of Meeting of the EPCG Committee 01/AM-25 dated 19/04/2024. This extension allows the company additional time to meet its export obligations under the specified EPCG Authorization.

Deferred Revenue Expenses for Product Development of Butyl Production. The company has incurred expenses incurred in relation to the marketing of a new product. These expenses have been deferred in accordance with the company''s accounting policies. The deferred revenue expenses are expected to be amortized over the 5 years of marketing of a new product.

Extended Producer Responsibility (EPR) Credit:

As per the rules a producer under Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2022 is required to fulfil its annual EPR obligations through purchase of EPR certificates/credits from registered recyclers. The EPR certificates/credits are to be generated by CPCB in favour of the recyclers based on the quantity of Waste tyres recycled by the company. For the F.Y. 2022-23 company has available credit points for 12704.51 MT (net of obligation) of Crumb Rubber and Reclaim and for the F.Y. 2023-24 company has available credit points for 13005.87 MT (net of obligation) of Crumb Rubber and Reclaim.

However, government has not categorically fixed the monetary value of each EPR credit. Also the trading of EPR credit has not yet been started. Therefore, the company could not determined the monetary value of the EPR credits for disclosure in financial statements.

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Mar 31, 2016

1. Figures of the previous year have been regrouped/rearranged/reclassified wherever considered necessary.

2. Enterprises over which significant influence exercised by Key Managerial Personnel/ Directors/Relatives of Key Management Personnel during the year: NIL

3. Disclosures required for related party transaction

4. Related party relationship is as identified by the Company on the basis of information available with them and accepted by the auditors as correct.

5. Company has entered into transactions with certain parties as listed above during the year under consideration. Full disclosures have been made and the Board considers such transaction to be in normal course of business and at rates agreed between the parties.

6. No amount has been written off or written back during the year in respect of debt due from or to related parties.

7.. Working Capital Borrowings:

The facilities from Andhra Bank are secured by hypothecation of stock of Raw Material, Stock in process, stores & Spares, Finished goods, Packing material, Book Debts, Bill discounted, etc. The credit facilities are secured by equitable mortgage of land belonging to the Company and other personal guarantees.

8. Term Loans:

Term loan facilities from Andhra Bank are secured by hypothecation of Plant & Machinery and equitable mortgage of land belonging to the Company and other personal guarantees.

The same are repayable in quarterly installments as per terms of sanction.

9. Details of Bank FDR’s held as on 31.03.2016:

10. The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Act, 2006 and hence disclosures, if any relating to amounts unpaid at the yearend together with interest paid/payable as required under the Act cannot be furnished.

11. Financial cost and other expenses related to projects have been capitalized.

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Mar 31, 2015

1. The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Act, 2006 and hence disclosures, if any relating to amounts unpaid at the yearend together with interest paid/payable as required under the Act cannot be furnished.

2. Financial cost and other expenses related to projects have been capitalized.

Notes:

(1) Related party relationship is as identified by the Company on the basis of information available with them and accepted by the auditors as correct.

(2) Company has entered into transactions with certain parties as listed above during the year under consideration. Full disclosures have been made and the Board considers such transaction to be in normal course of business and at rates agreed between the parties.

(3) No amount has been written off or written back during the year in respect of debt due from or to related parties.

3. Working Capital Borrowings:

The facilities from Andhra Bank are secured by hypothecation of stock of Raw Material, Stock in process, stores & Spares, Finished goods, Packing material, Book Debts, Bill discounted, etc. The credit facilities are secured by equitable mortgage of land belonging to the Company and other personal guarantees.

4. Term Loans:

Term loan facilities from Andhra Bank are secured by hypothecation of Plant & Machinery and equitable mortgage of land belonging to the Company and other personal guarantees.

The same are repayable in quarterly installments as per terms of sanction.

B. List of related parties and relationship

Related Party Relation

Key Managerial Personnel (KMP)

Mr. Ravindra Agrawal Managing Director

Relatives of KMP

Mrs. Shilpa Agrawal,Shri S. B. Agarwal,

Smt. Prem Lata Agarwal, Mr. Samarth Agarwal, Relatives of KMP

Ms. Rishika Agarwal, Ms. Saumya Agarwal,

Mr. D. K. Agarwal

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Mar 31, 2014

1. Figures of the previous year have been regrouped/rearranged/reclassified wherever considered necessary.

2. During the year, the Company has revalued part of its Fixed Asset on the basis of market value and relevant effect has been taken in the financial statements.

3. Disclosure of related party transactions:-

A. Parties where control Exists ----

B. List of related parties and relationship: RELATED PARTY RELATION

Key Managerial Personnel

Mr. Ravindra Agrawal* Managing Director

Mr. Sunil Agarwal# Director

Dr. A. G. Agarwal@ Director

* Mr. Ravindra Agarwal was appointed as Managing Director on 15th July 2013.

# Mr. Sunil Agarwal has resigned from the directorship of the Company on 16th December, 2013.

@ With Effect from 15th July, 2013 Dr. A. G. Agarwal has resigned from the position of Managing Director.

C. Enterprises over which significant influence exercised by Key Managerial Personnel/Directors/Relatives of key Management Personnel during the year:

I. Siyaram Motors Pvt. Ltd. 2. S. E. Investments Ltd.. 3. Siyaram Shelters Pvt. Ltd. 4. Helios Aviation Pvt. Ltd. 5. Spring Education Ventures Pvt. Ltd. 6. S.E. Micro Housing Finance Pvt. Ltd.

7. Osprey E- Commerce Pvt. Ltd. 8. Spring Communication Pvt. Ltd.

9. Stellar Constellation Projects Pvt. Ltd. 10. Eastern Star Infradev Pvt. Ltd.

II. Aerotech Aviation India Pvt. Ltd. 12. Athens Computer Technologies Pvt. Ltd. 13. S. E. Homefin Pvt. Ltd. 14. Spring Infradev Ltd.

4. Stellar Spring Projects Pvt. Ltd. 16. Spring Trading Pvt. Ltd.

5. Aanjneya Motor Pvt. Ltd. 18. Nupur Finvest Pvt. Ltd.

6. Sarin & Sarin Investments Pvt. Ltd. 20. Superking Manufactures (Tyre) Pvt. Ltd.

21. Spring City Centre (TRV) Pvt. Ltd. 22. Deepesh Consultancy Pvt. Ltd.

23. Ujala Securities Pvt. Ltd. 24. Natansh Finlease Pvt. Ltd.

25. Spring Resorts Pvt. Ltd. 26. Blessings Builders Pvt. Ltd.

Notes:

(1) Related party relationship is as identified by the Company on the basis of information available with them and accepted by the auditors as correct.

(2) Company has entered into transactions with certain parties as listed above during the year under consideration. Full disclosures have been made and the Board considers such transaction to be in normal course of business and at rates agreed between the parties. (3) No amount has been written off or written back during the year in respect of debt due from or to related parties.

6. Working Capital Borrowings:-

The facilities from Andhra Bank are secured by hypothecation of stock of Raw Material, Stock in process, stores & Spares, Finished goods, Packing material, Book Debts, Bill discounted, etc. The credit facilities are secured by equitable mortgage of land belonging to the Company and other personal guarantees.

7. Term Loans:-

Term loan facilities from Andhra Bank are secured by hypothecation of Plant & Machinery and equitable mortgage of land belonging to the Company and other personal guarantees. The same are repayable in quarterly installments as per terms of sanction.

8. The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Act, 2006 and hence disclosures, if any relating to amounts unpaid at the year end together with interest paid/payable as required under the Act can not be furnished.

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Mar 31, 2013

1. Previous year figures are not comparable as the effect of the Scheme of Arrangement.

2. Figures for the previous year have been regrouped/ rearranged/ reclassified wherever consid ered necessary.

3. Disclosure of related party transactions:-

4. No amount is payable to Small Scale Industrial Undertakings. The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Act, 2006 and hence disclosures, if any relating to amounts unpaid at the year end together with interest paid/payable as required under the Act can not be furnished.

5. The Company has only one segment. Accordingly, Reporting as per Accounting Standard-17 is not applicable.

6. There are no Contingent liabilities as on 31.03.2013.