Notes to Accounts of Sawaca Enterprises Ltd.

Mar 31, 2025

(b) Terms / rights attached to equity shares

The Company has only one class of equity shares having par value of Rs.1 per share. Each holder of equity shares is entitled to one vote per share.

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

	(Amount Rs. in Lakh)
Particulars	As at	As at
	31 March, 2025	31 March, 2024
24. Contingent liabilities & capital commitment not provided for: 24.1 Contingencies Claims against the company not acknowledged as debts:
Service tax	-	-
24.2 Capital Commitments Estimated amount of contracts remaining to be executed on capital account and not provided for (net of advances)

25. Earnings per share (EPS):

Basic EPS amounts are calculated by dividing the profit for the year attributable to equity shareholders of the Company by the weighted average number of equity shares outstanding during the year.

Diluted EPS amounts are calculated by dividing the profit attributable to equity holders of the Company by the weighted average number of Equity shares outstanding during the year plus the weighted average number of Equity shares that would be issued on conversion of all the dilutive potential Equity shares into Equity shares.

Notes for Segment Information:

a Segments have been identified in accordance with Indian Accouting Standards (“Ind AS”) 108 on Operating Segments, considering the risk/return profiles of the business, their oraganisational structure and internal reporting system.

b The trading segement includes wholesale trading of various items of finished goods, which includes trading mainly on bill to ship to basis and the role of the company is mainly to procude the order and assure the delivery to the customer.

c The Information technology service segement includes various technical support services, software development services, deployment of resources for the identified projects for indetified tasks.

d The investment or trading activities in share includes buying and selling of shares for either short-term gains or losses, or holding them for long-term investment purpose. These activities are reported separately to highlight their impact on a company’s profitability.

e The Company is engaged mainly in trading of goods & information technlogy. Most of the assets, liabilities of the aforesaid reportable segments are interchangeable or not practically allocable.

29. Details of dues to micro and small enterprises as per MSMED Act, 2006:

The Ministry of Micro, Small and Medium Enterprises has issued an office memorandum dated August 26, 2008 which recommends that the Micro and Small Enterprises should mention in their correspondence with its customers the Entrepreneurs Memorandum Number as allocated after filing of the Memorandum in accordance with the ‘Micro, Small and Medium Enterprises Development Act, 2006’ (‘the MSMED Act’).

Accordingly, the disclosure in respect of the amounts payable to such Enterprises as at March 31,2025 has been made in the Financial Statements based on information received and available with the Company. Further in view of the Management, the impact of interest, if any, that may be payable in accordance with the provisions of the Act is not expected to be material. The Company has not received any claim for interest from any Supplier as at the Balance Sheet date.

On basis of information and records available with the Company, the above disclosures are made in respect of amount due to the micro and small enterprises, which have been registered with the relevant competent authorities. This has been relied upon by the auditors.

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Mar 31, 2024

viii. Provisions, contingent liablity and contingent Assets

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a 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 of the amount of the obligation. When the Company expects some or all of a provision to be reimbursed, for example, under an insurance contract, the reimbursement is recognised as a separate asset, but only when the reimbursement is virtually certain. The expense relating to a provision is presented in the statement of profit and loss net of any reimbursement.

If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, when appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is recognised as a finance cost.

Contingent liability is disclosed in case of:

a) a presnt obligation arising from past events, whne it is not probable that an outflow of resources will be require to settle the obligation; and

b) a present obligation arising from past events, when no reliable estimate is possible,

Contingent assets are disclosed whn an inflow of economic benefits is probable.

ix. Earning per share

Basic Earning per share is calculated by dividing the Net Profit after tax for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period.

Diluted EPS is computed by dividing the profit after tax, as adjusted for dividend, interest and other charges to expenses or income relating to the dilutive potential equity shares, by the weighted average number of equity shares considered for deriving basis EPS and the weighted average number of equity shares which could have been issued on the conversion of all dilutive potential equity shares.

x. Regrouping

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

For MAAK & Associates For and on behalf of Board of Directors of

Firm Registeration No.: 135024W SAWACA BUSINESS MACHINES LIMITED

Chartered Accountants

Shetal Shah Satish Shah

CA Marmik Shah Managing Director Director

Partner DIN: 02148909 DIN: 05103862

Membership No.: 133926 Saurabh B Shah

UDIN: 24133926BKCJOL5524 Company Secretary (A7862)

Date : 21/05/2024 Date : 21/05/2024

Place : Ahmedabad Place : Ahmedabad

Note:

1. The Company has Sub-divided its 1,04,00,900 equity shares of face value of Rs. 10/- each fully paid up into 10,40,09,000 equity shares of face value of Rs. 1/- each fully paid up we.f. 27th may 2022 as recommended by the Board of Directors and approved by the Shareholders of the Company. Earnings per Share have been calculated/ restated, as applicable, for all the period(s) presented after considering the new number of equity shares post such sub-division in line with the provisions of the applicable ind AS and to make figures of EPS comparable with previous periods/year.

2. The Company allotted 1,04,00,900 bonus equity shares of 1 each as fully paid-up bonus equity shares, in the proportion of 10 (Ten) equity share of Rs. 1/- each for every 100 (Hundred) existing equity shares of 1/- each to the eligible members whose names appeared in the register of members/list of beneficial owners as on 27th May 2022, i.e. record date. Accordingly, earnings per share of comparative periods presented has been calculated based on number of shares outstanding in respective periods, as increased for issuance of bonus shares.

Notes for Segment Information:

a Segments have been identified in accordance with Indian Accouting Standards (“Ind AS”) 108 on Operating Segments, considering the risk/return profiles of the business, their oraganisational structure and internal reporting system.

b The trading segement includes wholesale trading of various items of finished goods, which includes trading mainly on bill to ship to basis and the role of the company is mainly to procude the order and assure the delivery to the customer.

c The Information technology service segement includes various technical support services, software development services, deployment of resources for the identified projects for indetified tasks.

d The Company is engaged mainly in trading of goods & information technlogy. Most of the assets, liabilities of the aforesaid reportable segments are interchangeable or not practically allocable.

For MAAK & Associates For and on behalf of Board of Directors of

Firm Registeration No.: 135024W SAWACA BUSINESS MACHINES LIMITED

Chartered Accountants

Shetal Shah Satish Shah

CA Marmik Shah Managing Director Director

Partner DIN: 02148909 DIN: 05103862

Membership No.: 133926 Saurabh B Shah

UDIN: 24133926BKCJOL5524 Company Secretary (A7862)

Date : 21/05/2024 Date : 21/05/2024

Place : Ahmedabad Place : Ahmedabad

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Mar 31, 2015

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

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Mar 31, 2014

1) Basis of Preparation:

The financial statements have been prepared to comply in all material respects with the Accounting Standards notified by Companies (Accounting Standards) Rules, 2006, (as amended) and the relevant provisions of the Companies Act, 1956. The financial statements have been prepared under the historical cost convention on an accrual basis. The accounting policies have been consistently applied by the Company and are consistent with those used in the previous year.

All assets and liabilities have been classified as current or non-current as per the Company''s normal operating cycle and other criteria set out in the schedule VI to the Companies Act, 1956. Based on the nature of products and the time between the acquition of assets for processing and their realization in cash and cash equivalents, the Company has ascertained its operating cycle as 12 months for the purpose of current – non current classification of assets and liabilities.

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

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Mar 31, 2013

1) Basis of Preparation:

The financial statements have been prepared to comply in all material respects with the Accounting Standards notified by Companies (Accounting Standards) Rules, 2006, (as amended) and the relevant provisions of the Companies Act, 1956. The financial statements have been prepared under the historical cost convention on an accrual basis. The accounting policies have been consistently applied by the Company and are consistent with those used in the previous year.

All assets and liabilities have been classified as current or non-current as per the Company''s normal operating cycle and other criteria set out in the schedule VI to the Companies Act, 1956. Based on the nature of products and the time between the acquition of assets for processing and their realization in cash and cash equivalents, the Company has ascertained its operating cycle as 12 months for the purpose of current - non current classification of assets and liabilities.

Notes:

1. The above cash flow statement has been prepared under the ''Indirect Method'' as set out in the Accounting Standard on Cash Flow Statement (AS-3) issued by Companies (Accounting Standard) Rules, 2006.

2. Previous years'' figures have been rearranged and/pr regrouped wherever necessary.

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Mar 31, 2012

1. Contingent Liabilities-NIL

2. As per the information available with the company there is no amount due but remaining unpaid as on 31st March, 2012 to any supplier who is a Small Scale or Ancillary industrial Undertaking.

3. The current assets. Loans and advances, sundry debtors and sundry creditors are subject to reconciliation and confirmation from the respective parties and are taken as certified by the management.

4. In the opinion of the Board, current assets, loans and advances are approximately of the valued stated if realized in the ordinary course of the business. The provisions for all known liabilities are adequate.

5. The company is a partner in partnership firm, M/s. Vishal Corporation_. The details of the partners of the said firm and their profit sharing ratio are as under:

6. Previous year's figures are regrouped or recast wherever necessary to make them comparable to those of the current year.

7. Information &s to the licensed capacity, installed capacity, the quantitative details of the Opening stocks, purchases, sales and closing stocks are not applicable.

8. In our opinion necessary provision for taxation has been made in the accounts.

9. Earnings and expenditure in foreign currencies: NIL

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Mar 31, 2010

1. Contingent Liabilities-NIL

2. As per the information available with the company there is no amount due but remaining unpaid as on 31st March, 2010 to any supplier who is a Small Scale or Ancillary industrial Undertaking.

3. The current assets. Loans and advances, sundry debtors and sundry creditors are subject to reconciliation and confirmation from the respective parties and are taken as certified by the management.

4. In the opinion of the Board, current assets, loans and advances are approximately of the valued stated if realized in the ordinary course of the business. The provisions for all known liabilities are adequate.

5. The company is a partner in partnership firm, M/s. Sawaca Services. The details of the partners of the said firm and their profit sharing ratio are as under :

Mahendra A. Shah 10%

Sawaca Business Machines ltd. 90 %

6. Previous years figures are regrouped or recast wherever necessary to make them comparable to those of the current year.

7. Information as to the licensed capacity, installed capacity, the quantitative details of the Opening stocks, purchases, sales and closing stocks are not applicable.

8. In our opinion necessary provision for taxation has been made in the accounts.

9. Earnings and expendture in foreign currencies: NIL

Notes:

1. The above cash flow statement has been prepared under the Indirect Method as set out in the Accounting Standards on Cash Flow Statement (AS-3) issued by companies ( Accounting Standards) rules, 2006.

2. Previous Years Figure have been rearranged and/or regrouped wherever necessary.