Notes to Accounts of Times Green Energy (India) Ltd.

Mar 31, 2025

j) PROVISIONS AND CONTINGENT LIABILITIES

A provision is recognized when the Company has a present obligation as a result of past
event and it is probable that an outflow of resources will be required to settle the
obligation, in respect of which a reliable estimate can be made. Provisions are not
discounted to present value and are determined as best estimates required to settle the
obligation at the balance sheet date. Contingent Liability is disclosed in case of

(i) A present obligation arising from past events, when it is not probable that an
outflow of resources will be required to settle that obligation;

(ii) A present obligation when no reliable estimate is possible; and

(iii) A possible obligation arising from past events where the probability of outflow of
resources is remote.

Contingent Assets are not recognized in the financial statements.

k) BORROWING COST

Borrowing cost includes interest incurred in connection with arrangement of borrowings
to the extent they are regarded as an adjustment to the interest cost.

NOTES TO ACCOUNTS:

1. The balances of Trade Receivables, Short Term Loans & Advances are subject to confirmation.

2. Additional information as required under schedule III of the Companies Act, 2013.

3. Quantitative figures are not provided because of the nature of the business and the multi
various items invested.

4. The Company has not received any intimation from ''Suppliers'' regarding their status under
the Micro, Small and Medium enterprises Development Act, 2006 and hence disclosures, if
any relating to amounts unpaid as at the year end together with interest paid/ payable as
required under the Act have not been given.

8. Expenditure in Foreign Exchange - NIL

9. Segment Reporting: As the Company is engaged only in the trading of agro business & women
hygiene & safety Segment during the year, business segment reporting is not applicable.
Geographic Revenue is allocated based on the location of the Customer. Therefore no separate
disclosures are required there under.

9. Earnings in Foreign Exchange - NIL

10. Figures are rounded off to nearest rupee in Lakhs.

For V A S G & ASSOCIATES for and on behalf of the board

Chartered Accountants For Times Green Energy (India) Ltd

Firm Reg.No:006070S

G.S. SRIDHAR Vani Kanuparthi Sripati Susheela

Partner Managing Director Director

M. No: 026878 DIN : 06712666 DIN : 08941193

UDIN: 25026878BMHZKH5254

Place: Hyderabad
Date: 23-05-2025

Srinivas Kanuparthi G V Nagendra Babu

Chief Executive Officer Chief Financial Officer

Abhishek Reddy Rachur
Company Secretary

---

Mar 31, 2024

n. Provision, Contingent Liabilities and Contingent Assets

Provision is recognized for when the company has at present, legal or contractual obligation as a result of
past events, only if it is probable that an outflow of resources embodying economic outgo or loss will be
required and if the amount involved can be measured reliably.

Contingent liabilities being a possible obligation as a result of past events, the existence of which will be
confirmed only by the occurrence or non-occurrence of one or more future events not wholly in control of the
company are not recognised in the accounts. The nature of such liabilities and an estimate of its financial
effect is disclosed in notes to the Financial Statements.

Contingent assets are neither recognized nor disclosed in the financial statements.

o. Segment Reporting

Company deals in agro business & Woman Hygiene & Safety Segment. Since Woman Hygiene & Safety
Segment is not a reportable segment in terms of Accounting Standard (AS) 17 “Segment Reporting” therefore
no separate disclosures are required there under.

a. There is no employee who is in the receipt of remuneration exceeding the limit prescribed in accordance with the
provisions of Companies Act, 2013.

b. Trade receivables, Trade payables, Loans & Advances and Unsecured Loans have been taken at their book value
subject to confirmation and reconciliation.

c. The company has not received any intimation from supplier regarding their status under micro, small and medium
enterprises development Act, 2006 and hence disclosure, if any, in relation to amount unpaid as at the year end
together with interest payable as required under the said Act have not furnished.

d. In the opinion of the management the value on realization of current assets, Loans & Advance in the ordinary
course of business, will not be less than the value at which these are stated in the Balance Sheet.

e. Loans and Advances are considered good in respect of which company does not hold any security other than the
personal guarantee of persons.

f. The Management has confirmed that adequate provisions have been made for all the known and determined
Liabilities and the same is not in excess of the amounts reasonably required.

As per our report of even date For and On Behalf of the board

for VASG & ASSOCIATES Times Green Energy (India) Limited

FRN:006070S

Sd/- Sd/- Sd/-

Jumaal Dinne

G.S. Sridhar ^{Vani Kanuparthi} Lakshmi

Partner Managing Director Director

M. No.026878 DIN: 06712666 DIN: 0007485165

UDIN No.24026878BKCXGU8602

Sd/- Sd/-

Raghavendra

Srinivas Kanuparthi Koduganti

Chief Financial

Chief Executive Officer Officer

Sd/-

Place : Hyderabad Abhishek Reddy Rachur

Date : 28th May, 2024 Company Secretary