Notes to Accounts of Tridhya Tech Ltd.

Mar 31, 2025

1.2.7 Provisions, Contingent Liabilities and Contingent Assets

Provision involving substantial degree of estimation in measurement is recognized when there is a present
obligation as a result of past events and it is probable that there will be an outflow of resources. Contingent
liabilities are not recognized but are disclosed in the notes. Contingent assets are neither recognized nor
disclosed in the financial statements.

1.2.8 Cash and Cash Equivalents

Cash and cash equivalents comprise cash and deposit with banks. Cash equivalents are short-term balances
(with an original maturity of 3 months or less from the date of acquisition), highly liquid investments that
are readily convertible into known amounts of cash and which are subject to insignificant risk of changes in
value.

1.2.9 Impairment of Assets

An asset is treated as impaired when the carrying cost of asset exceeds its recoverable value. Recoverable
amount is the higher of an asset''s net selling price and its value in use. Value in use is the present value of
estimated future cash flows expected to arise from the continuing use of the asset and from its disposal at
the end of its useful life. Net selling price is the amount obtainable from sale of the asset in an arm''s length
transaction between knowledgeable, willing parties, less the costs of disposal. An impairment loss is
charged to the Statement of Profit and Loss in the year in which an asset is identified as impaired. The
impairment loss recognised in prior accounting periods is reversed if there has been a change in the
estimate of the recoverable value.

1.2.10 Earning per Share

Basic earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect of
extraordinary items, if any) by the weighted average number of equity share outstanding during the year.
Diluted earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect
of extraordinary items, if any) as adjusted for dividend, interest and other charges to expense or income (net
of any attributable taxes) relating to the dilutive potential equity shares, by the weighted average number of
equity shares which could have been issued on the conversion of all dilutive potential equity shares.

1.2.11 Foreign Currency Transactions

(a) Initial Recognition

The Foreign Currency Transaction are recorded initially by applying to the foreign currency amount
the exchange rate between the reporting currency and the foreign currency at the date of the
transaction.

(b) Subsequent Recognition on Balance Sheet Date

(i) Foreign Currency Monetary Items are be reported using the closing rates.

(ii) Non-monetary Items which are carried at historical cost denominated in a foreign currency are
reported using the exchange rate at the date of the transaction.

(iii) Non-monetary items which are carried at fair value are reported using the exchange rates that
existed when the values were determined.

(c) Recognition of Exchange Difference

Exchange differences arising on the settlement of monetary items during the year or on reporting an
enterprise''s monetary items at rates different from those at which they were initially recorded during
the year, or reported in previous financial statements, are recognised as income or as expenses during
the year.

1.2.12 Retirement Benefits to Employees - Gratuity

The Company provides for gratuity, a defined benefit retirement plan (''the Gratuity Plan'') covering eligible
employees. The Gratuity Plan provides a payment to vested employees at retirement, death, incapacitation
or termination of employment, of an amount as per the as per the Payment of Gratuity, 1972.

Liabilities with regard to the Gratuity Plan are determined by actuarial valuation at each Balance Sheet date
using the projected unit credit method. The Company recognizes the obligation of the gratuity plan in the
Balance Sheet as a liability in accordance with Accounting Standard (AS) 15, ''Employee Benefits''. Actuarial
gains and losses arising from experience adjustments and changes in actuarial assumptions are recognized
in the Statement of Profit and Loss in the period in which they arise.

1.2.13 Operating Lease

Leases, where the lessor effectively retains substantially all the risks and benefits of ownership of the leased
item, are classified as operating leases. Operating lease payments are recognized as an expense in the
statement of profit and loss, on a straight-line basis over the lease term.

1.2.14 Borrowing costs

Borrowing costs that are attributable to the acquisition or construction of qualifying assets are capitalised as
part of the cost of such assets. A qualifying asset is one that necessarily takes substantial period of time to
get ready for intended use. All other borrowing costs are charged to revenue.

1.2.15 Other Income

Interest income is recognized on a time proportion basis taking into account the amount outstanding and
the applicable interest rate. Interest income is included under the head "other income" in the statement of
profit and loss.

Additional Regulatory Information as per Para Y of Schedule III to Companies Act, 2013:

i. The Company does not have any immovable property (other than properties where the Company is the lessee and the lease agreements are duly
executed in favour of the lessee) whose title deeds are not held in the name of the company.

ii. The Company has not revalued its Property, Plant and Equipment.

iii. The Company has not granted loans or advances in the nature of loans to promoters, Directors, KMPs and the related parties (as defined under
Companies Act, 2013,) either severally or jointly with any other person, that are:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

VI. 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.

VII. The Company has borrowings from banks or financial institutions on the basis of security of current assets and quarterly returns or statements of
current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts.

VIII. The company is not declared as wilful defaulter by any bank or financial institution or other lender.

IX. The company does not have any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of
Companies Act, 1956

X. There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

XI. The company does not have any investments and hence, compliance with the number of layers prescribed under clause (87) of section 2 of the
Act read with Companies (Restriction on number of Layers) Rules, 2017 is not applicable.

XIII. The Company does not have any scheme of arrangements which has been approved by the Competent Authority in terms of sections 230 to 237
of the Companies Act, 2013.

XIV. A. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds)
by the Company to or in any other persons or entities, including foreign entities (“Intermediaries”), with the understanding, whether recorded in
writing or otherwise, that the Intermediary shall, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever
(“Ultimate Beneficiaries”) by or on behalf of the Company or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

B. No funds have been received by the Company from any persons or entities, including foreign entities (“Funding Parties”), with the understanding,
whether recorded in writing or otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entities identified in any
manner whatsoever (“Ultimate Beneficiaries”) by or on behalf of the Funding Parties or provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries.

31 The company has maintained an edit log (audit trail) in its accounting software for all transactions during the financial year ended march 31, 2025, in
compliance with Rule 3(1) of the Companies (Accounts) Rules, 2014. The audit trail feature was enabled throughout the year, capturing all changes
with date, time, and user details, and was not tampered with or disabled.

32 Subsequent Events

The company has evaluated subsequent events from the balance sheet date till the date at which the financial statements were available to be issued''
and determined that there are no material items to disclose other than those disclosed above.

33 Previous year''s figures have been rearranged and regrouped wherever necessary so as to make them comparable with those of the current year.

34 Party accounts, in debit/credit, are subject to confirmation, reconciliation and consequential adjustments thereof, if any.

For M A A K & Associates For and on behalf of the Board of Directors

Charte re d Accountants T ridhya Tech Limited

(FRN - 135024W)

SD/- SD/- SD/-

CA Marmik Shah Ramesh Arjanbhai Marand Vinay Shivji Dangar

Partner (Managing Director) (Director)

(MRN - 133926) DIN: 07235447 DIN: 07212051

Place: Ahmedabad SD/- SD/-

Date: May 21, 2025 Rahul Labana Bhanvi Choudhary

UDIN: 25139533BMLCYC5275 (Chief Financial Officer) (Company Secretary)

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Mar 31, 2024

During the financial year and preceding five financial years, the Company has:

(i) allotted fully paid-up equity shares by way of intial public offer;

(ii) allotted fully paid-up equity shares by way of bonus shares;

(ii) Consolidated of Shares from Rs. 5/- to Rs. 10/- each.

During the financial year and preceding five financial years, the Company has not:

(i) allotted any equity shares pursuant to any contract without payment being received in cash;

(ii) brought back any equity shares

Rights, Preferences and Restrictions attached to shares:

(i) The Company has one class of equity shares having a par value of Rs 10 each. Each shareholder is eligible for one vote per share held and carry a right to dividend.

(ii) The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuring Annual General Meeting except in case of interim dividend.

(iii) In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.

C. Notes Related to Share Capital

(a) All shares issued are fully paid up ordinary shares. The Company has only one class of shares referred to as Equity Shares having a par value of Rs. 10/-.

(b) The holders of equity shares are entitled to receive dividends as declared from time to time. No dividend shall be payable except out of profits of the Company arrived at in the manner provided for in Section 123 of the Companies Act.

(c) 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.

(d) The Company has not reserved any shares for issue under option and contracts/commitments for the sale of shares / disinvestment as on 31st March 2024

26 Amount Due to Micro, Small and Medium Enterprises

Below are Micro and Small Scale Business Enterprises to whom the Company owes dues, which are outstanding for more then 45 days as at March 31st 2024. This information as required to be disclosed under the Micro , Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

28 The Company is exclusively engaged in the business of Information technology services . This in the context of Accounting Standard (AS 17) "Segment Reporting", notified under the Companies (Accounting Standards) Rules, 2006, constitutes one single primary segment. The Company does not have a secondary segment. Accordingly, disclosures required under AS 17 are not applicable.

Additional Regulatory Information as per Para Y of Schedule III to Companies Act, 2013:

i. The Company does not have any immovable property (other than properties where the Company is the lessee and the lease agreements are duly executed in favour of the lessee) whose title deeds are not held in the name of the company.

ii. The Company has not revalued its Property, Plant and Equipment.

iii. The Company has not granted loans or advances in the nature of loans are granted to promoters, Directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person, that are:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

VI. 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.

VII. The Company has borrowings from banks or financial institutions on the basis of security of current assets and quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts.

VIII. The company is not declared as wilful defaulter by any bank or financial institution or other lender.

IX. The company does not have any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956

X. There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

XI. The company does not have any investments and hence, compliance with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017 is not applicable.

XIII. The Company does not have any scheme of arrangements which has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

XIV. A. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other persons or entities, including foreign entities ("Intermediaries"), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever ("Ultimate Beneficiaries") by or on behalf of the Company or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

B. No funds have been received by the Company from any persons or entities, including foreign entities ("Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever ("Ultimate Beneficiaries") by or on behalf of the Funding Parties or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

29 Previous year''s figures have been rearranged and regrouped wherever necessary so as to make them comparable with those of the current year.

30 Party accounts, in debit/credit, are subject to confirmation, reconciliation and consequential adjustments thereof, if any.

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Mar 31, 2023

1.2.7 Provisions, Contingent Liabilities and Contingent Assets

Provision involving substantial degree of estimation in measurement is recognized when there is a present obligation as a result of past events and it is probable that there will be an outflow of resources. Contingent liabilities are not recognized but are disclosed in the notes. Contingent assets are neither recognized nor disclosed in the financial statements.

1.2.8 Cash and Cash Equivalents

Cash and cash equivalents comprise cash and deposit with banks. Cash equivalents are short-term balances (with an original maturity of 3 months or less from the date of acquisition), highly liquid investments that are readily convertible into known amounts of cash and which are subject to insignificant risk of changes in value.

1.2.9 Impairment of Assets

An asset is treated as impaired when the carrying cost of asset exceeds its recoverable value. Recoverable amount is the higher of an asset''s net selling price and its value in use. Value in use is the present value of estimated future cash flows expected to arise from the continuing use of the asset and from its disposal at the end of its useful life. Net selling price is the amount obtainable from sale of the asset in an arm''s length transaction between knowledgeable, willing parties, less the costs of disposal. An impairment loss is charged to the Statement of Profit and Loss in the year in which an asset is identified as impaired. The impairment loss recognised in prior accounting periods is reversed if there has been a change in the estimate of the recoverable value.

1.2.10 Earning per Share

Basic earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect of extraordinary items, if any) by the weighted average number of equity share outstanding during the year. Diluted earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect of extraordinary items, if any) as adjusted for dividend, interest and other charges to expense or income (net of any attributable taxes) relating to the dilutive potential equity shares, by the weighted average number of equity shares which could have been issued on the conversion of all dilutive potential equity shares.

1.2.11 Foreign Currency Transactions

(a) Initial Recognition

The Foreign Currency Transaction are recorded initially by applying to the foreign currency amount the exchange rate between the reporting currency and the foreign currency at the date of the transaction.

(b) Subsequent Recognition on Balance Sheet Date

(i) Foreign Currency Monetary Items are be reported using the closing rates.

(ii) Non-monetary Items which are carried at historical cost denominated in a foreign currency are reported using the exchange rate at the date of the transaction.

(iii) Non-monetary items which are carried at fair value are reported using the exchange rates that existed when the values were determined.

(c) Recognition of Exchange Difference

Exchange differences arising on the settlement of monetary items during the year or on reporting an enterprise''s monetary items at rates different from those at which they were initially recorded during the year, or reported in previous financial statements, are recognised as income or as expenses during the year.

1.2.12 Retirement Benefits to Employees - Gratuity

The Company provides for gratuity, a defined benefit retirement plan (''the Gratuity Plan'') covering eligible employees. The Gratuity Plan provides a payment to vested employees at retirement, death, incapacitation or termination of employment, of an amount as per the as per the Payment of Gratuity, 1972.

Liabilities with regard to the Gratuity Plan are determined by actuarial valuation at each Balance Sheet date using the projected unit credit method. The Company recognizes the obligation of the gratuity plan in the Balance Sheet as a liability in accordance with Accounting Standard (AS) 15, ''Employee Benefits''. Actuarial gains and losses arising from experience adjustments and changes in actuarial assumptions are recognized in the Statement of Profit and Loss in the period in which they arise.

Tridhya Tech Limited(Formerly known as "Tridhya Tech Private Limited")

CIN: U72900GJ2018PLC100733 Summary of Significant Accounting Policies

1.2.13 Operating Lease

Leases, where the lessor effectively retains substantially all the risks and benefits of ownership of the leased item, are classified as operating leases. Operating lease payments are recognized as an expense in the statement of profit and loss, on a straight-line basis over the lease term.

For M A A K & Associates For and on behalf of the Board of Directors

Chartered Accountants Tridhya Tech Limited

(FRN - 135024W) (Formerly known as "Tridhya Tech Private Limited")

Marmik Shah Ramesh Arjanbhai Marand Vinay Shivji Dangar

Partner (Managing Director) (Director)

(M. No. - 133926) DIN: 08025164 DIN: 07212051

23133926BGWEYM1419

Place: Ahmedabad Gaurav Hasmukhray Shah Bhanvi Choudhary

Date: 07/09/2023 (Chief Financial Officer) (Company Secretary)

C. Notes Related to Share Capital

(a) All shares issued are fully paid up ordinary shares. The Company has only one class of shares referred to as Equity Shares having a par value of Rs. 10/-.

(b) The holders of equity shares are entitled to receive dividends as declared from time to time. No dividend shall be payable except out of profits of the Company arrived at in the manner provided for in Section 123 of the Companies Act.

(c) 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.

(d) The Company, since its incorporation, has not:

(i) allotted any fully paid-up equity shares by way of bonus shares;

(ii) allotted any equity shares pursuant to any contract without payment being received in cash;

(iii) brought back any equity shares.

(e) The Company has not reserved any shares for issue under option and contracts/commitments for the sale of shares / disinvestment as on 31st March 2023

XIII. The Company does not have any scheme of arrangements which has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

XIV. A. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other persons or entities, including foreign entities ("Intermediaries"), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever ("Ultimate Beneficiaries") by or on behalf of the Company or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

B. No funds have been received by the Company from any persons or entities, including foreign entities ("Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever ("Ultimate Beneficiaries") by or on behalf of the Funding Parties or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

29 Previous year''s figures have been rearranged and regrouped wherever necessary so as to make them comparable with those of the current year.

30 Party accounts, in debit/credit, are subject to confirmation, reconciliation and consequential adjustments thereof, if any.

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

Chartered Accountants Tridhya Tech Limited (Formerly known as "Tridhya Tech Private Limited")

(FRN - 135024W)

SD/- SD/- SD/-

Marmik Shah Ramesh Arjanbhai Marand Vinay Shivji Dangar

Partner (Managing Director) (Director)

(M. No. ¦ 133926) DIN; 08025164 DIN; 07212051

Place; Ahmedabad SD/- SD/-

Date: 07/09/2023 Gaurav Hasmukhray Shah Bhanvi Choudhary

UDIN - 23133926BGWEYM1419 (Chief Financial Officer) (Company Secretary)