Provisions and Contingent Liabilities

A Provision is recognised when the entity has a present obligation as a result of past event and it is probable that an outflow of
resources will be required and a reliable estimate can be made of the amount of the obligation. Provisions are measured at the best
estimate of the expenditure required to settle the present obligation at the Balance Sheet date.

Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of which will be
confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the
entity or a present obligation that arises from past events where it is either not probable that an outflow of resources will be
required to settle the obligation or a reliable estimate of the amount cannot be made. A Contingent asset is neither recognised nor
disclosed.

Revenue Recognition

Revenue from sale of goods is recognised when control and significant risks and rewards of ownership of the products being sold is
transferred to the customer. This is generally fulfilled at the time of dispatch, delivery or upon formal customer acceptance
depending on customer terms. Revenue is measured on the basis of contracted price, after deduction of any trade discounts,
volume rebates and any taxes or duties collected on behalf of the government such as goods and services tax, etc. Previous
experience is used to estimate the provision for such discounts and rebates. Revenue is only recognised to the extent that it is highly
probable a significant reversal will not occur. Income from services rendered is recognised based on agreements/arrangements with
the customers as the service is performed and there are no unfulfilled obligations.

Interest income is recognized on accrual basis, adopting a time proportion method, taking into account the amount outstanding and
the rate applicable. Dividend income on investments is accounted for when the right to receive the income is established. Export
incentives are recognised on accrual basis to the extent the management is certain of the income.

Employee Benefits

Benefits such as salaries, wages and performance incentives are charged to the statement of profit and loss at the actual amounts
due in the period in which the employee renders the related service.

Taxes on Income

Income tax expense for the year comprises of current tax and deferred tax.

Current tax

Current tax is the estimated amount of tax payable on the taxable income for the year, using tax rates enacted or substantively
enacted at the reporting date. Minimum Alternate Tax (MAT) is accounted as Current tax when the taxes calculated as per Book
profits are greater than the taxes calculated as per normal provisions of Income Tax. Credit for such MAT is availed when the entity
is subjected to normal tax provisions in the future. MAT credit Entitlement is recognised as an asset based on the management's
estimate of its recoverability in the future.

Deferred tax

Deferred tax is recognised in respect of timing differences between the carrying amount of assets and liabilities for financial
reporting purposes and the corresponding amounts used for taxation purposes.

A deferred tax liability is recognised based on the expected manner of realisation or settlement of the carrying amount of assets and
liabilities, using tax rates enacted, or substantively enacted, by the end of the reporting period. Deferred tax assets are recognised
only to the extent that it is probable that future taxable profits will be available against which the asset can be utilised except for
deferred tax assets in respect of tax losses, where they are recognised only to the extent the management is virtually certain as to
the sufficiency of future taxable income. Deferred tax assets are reviewed at each reporting date and reduced to the extent that it is
no longer probable that the related tax benefit will be realised.

Earnings per Share

In determining earnings per share, the Company considers the net profit after tax attributable to equity shareholders. The number
of shares used in computing basic earnings per share is the weighted average number of equity shares outstanding during the year
as per the guidelines of AS 20. The number of equity shares used in computing diluted earnings per share comprises weighted
average number of equity shares considered for deriving basic earnings per share and also weighted average number of equity
shares which could have been issued on the conversion of all dilutive potential equity shares.

Priliminary expence

priliminary expence have been written off 1/10 every period.

Impairment of losses

An asset is treated as impaired when the carrying cost of asset exceeds its recoverable value . An impairment loss is changed to
profit and loss Account in the year in which an asset is identified as impaired. The impairment loss recognized in prior accounting
period is reversed if there has been any change in the estimate of recoverable amount.

Event occurring after the Balance Sheet Date

No significant events which could affect the financial position as on 31st March, 2024, to a material extent have been reported by
the management, after the Balance Sheet date till the date of Annual General Meeting.

Prior period Items

Prior period expenses/income is accounted for under respective heads. Material items, if any, are disclosed separately by way of
note.

2) Rights, preferences and restrictions attached to shares

The Company has issued only one class of equity shares having a par value of Rs. 1 per share. Each equity shareholder 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, in proportion to their shareholding.
Any dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General
Meeting, except in case of interim dividend.

3) The Company does not have any holding company

4) The details of Shareholders holding more than 5% of Shares

There are no shareholder holding more than 5% of equity shares. Thus, relevant disclosure is not applicable.

5) Shareholding by promoters

There are no promoters in the company and thus, relevant disclosure is not applicable .

Details regarding number and class of shares for the period of five years immediately preceding March 31, 2025

a) The company has not allotted any shares as fully paid-up without payment being received in cash.

b) The company has not alloted any shares as fully paid up bonus shares.

c) The company has not bought back any of its shares.

Description of nature and purpose of each Reserve:

a) Capital Reserve

The excess/short of net assets taken over the cost of consideration paid is treated as capital reserve at the time of
amalgamation. Difference between Assets and Liabilities transferred on account of demerger is transferred to capital reserve
at the time of demerger.

b) Equity Security Premium

The amount received in excess of face value of the equity shares is recognized in equity security premium.

c) Capital Redemption Reserve

It represents reserve created on forfeited of equity shares. It is a non-distributable reserve.

d) General Reserve

General reserve is created from time to time by way of transfer of profits from retained earnings for appropriation purposes.

Earning available for debt service = Profit for the year (before taxes) Finance costs Depreciation and Amortisation Expense
Total debt service = Finance costs Principal Repayments

Capital employed = Shareholders' funds Long Term Borrowings Short Term Borrowings Deferred Tax Liabilities (Net) - Intangible assets - Intangible Assets under
development

1. Current Ratio

The current ratio has Increased because the , current liabilities have decreased significantly. There is a notable decrease in trade payables—Rs. 137.15 lacs this year
compared to Rs. 2091.87 lacs last year. And also, total current assets has been increased to Rs. 3379.57 as compared to Rs. 2088.56 Lacs last year .

2. Debt - Equity Ratio

This ratio has increased because the company has taken significant current debt this year of Rs.339.04 Lacs as compared to previous year where there was only
long term debt of Rs. 206.90 lacs and Short term borrowings of Rs. NIL. Additionally, the company has reported significant lower profits in current year Rs.16.92 lacs
as compared to last year's profit of Rs. 111.70 lacs

3. Debt service coerage ratio

4. Return on Equity Ratio

This has decrease significantly due to the company reporting a profit this year ,compared to the previous year is substantially decreased. Current year profit: Rs.

16.92 lacs vs. Previous year profit: Rs. 111.71 lacs.

5. Inventory Turnover Ratio

This ratio decreased due to a fall in sales during the year . Sales went down to Rs.3974.37 lacs compared to the previous year sales of Rs 9702.22 Lacs.

6. Trade receivables turnover ratio

This ratio increased as there is decrease in sales as compaed to previous year but the average trade receivables has been decreased significantly i.e, in current year
904.29 lacs as compared to last year's 1306.015 lacs ( -30.76%). Sales rose by Rs. 8448.36 lakhs and receivables increased by Rs. 760.23 lakhs compared to the
previous year.

7. Trade Payables turnover ratio

The ratio has decreased because both trade payables and purchases fallen sharply.

8. Net capital turnover ratio

The ratio has increased as there has been increase in current assets as compared to previous year i.e, in current year Rs.3379.57 lacs as
compared to previous year's Rs.2088.56 lacs and there has been decrease in current liabilities i.e in current year Rs. 1536.59 lacs as compareed
to previous year's 2750.58

9. Net Profit Ratio

The ratio has decreased as there has been decrease in Revenue from operations i.e, in current year Rs. 3974.37 lacs As compared to previous
year Rs. 9702.22 Lacs

10. Return on capital employed

This ratio has decreasded since there is substantial decrease in the sale in the current year which resulted into lower profitability during
current year. Further company has written off minute liability during current year which has not improved denominator much i.e. capital
employed.

30. Other Disclosures

Disclosure requirements as notified by MCA pursuant to amended Schedule III:

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

- The Company does not have any Benami Property under Prohibition of Benami Property Transactions Act, 1988.

- The Company has not been declared a wilful defaulter by any lender who has powers to declare a company as a wilful defaulter.

- The Company has no Scheme of Arrangement approved by the competent authority specified under Section 230 to 237 of the Companies Act, 2013.

B)THE VARIOUS OTHER INFORMATION AS REQUIRED UNDER SCHDULE III of the companies act 2013 are as follows -

1) The company does not have any immovable property which shall be classified as"TITLE DEEDS OF IMMOVABLE PROPERTY NOT HELD IN THE NAME OF THE
COMPANY "

2) Company has complied 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

3) Compliances with section 230 to 237

As informed by the management and on the basis of examination of available records Company has not prepared any scheme of agrrangements in terms of section
230 to 237 of the companies act 2013

4) UTILIZATION OF BORROWED FUNDS AND SHARE PREMIUM

a) During the year, no funds have been advanced or loaned or invested (eitherfrom borrowed funds or share premium orany other sources or kind offunds) 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, whether 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") or provide any gurantee security or the like on behalf of the Ultimate Beneficiaries .

b) Duringthe year, 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, whether 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 provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

5) DETAILS OF LOANS AND ADVANCES TO PROMOTERS,DIRECTORS, KMPS, AND RELATED PARTIS There has been no transcation

of advancement of loans and advance to the above said persons during the year .

6) INFORMATION PURSUANT TO SECTION 186(4) OF THE COMPANIES ACT ,2013 There has been no loans given,

investment made, guarantees given or security provided and the purpose for which the loan or guarantee or security is proposed to be utilised by the recipient of
the loan, guarantee or security.

7) DIVIDEND PROPOSED AND ARREARS OF DIVIDEND There has been no proposed

dividend and arrears of dividend .

8) ADDITIONAL REGULATORY INFORMATION

a. In absence of any Capital Work In Progress, CWIP Ageing Schedule is not applicable.

b. There is no intangible asset under development as at the year-end. Thus schedule regarding intangible asset under development is not applicable.

c. Company has not obtained borrowing from bank and thus reporting relating to accuracy of details of current asset filed by the Company with Bank for its
borrowings are not applicable.

d. No charges or satisfaction is pending to be registered with Registrar of Companies beyond the statutory period.

31 Accounts have been regrouped, where ever required for the fair presentation
As per our report of even date attached

For DDS & ASSOCIATES For and on behalf of Board of Directors

Chartered Accountants
Firm Regn No : 120362W

DINESH D SHAH PARIN BHAVSAR DHARAMJIT MORI RAKESH KAPADIA

Proprietor COMPANY SECRETARY WHOLE TIME DIRECTOR AND CFO DIRECTOR

Membership No : 106871 DIN : 08038027 DIN : 09361904

Date : May 30, 2025 Date : May 30, 2025 Date : May 30, 2025 Date : May 30, 2025

Place : Ahmedabad Place : Ahmedabad