23.a). The response to letters sent by the Company requesting confirmation of balances has been insignificant. In the
management's opinions, adjustment on reconciliation of the balances, if any required, will not be material in relation to the
financial statements of the company and the same will be adjusted in the financial statements as and when the confirmations
are received and reconciliations are completed.
b) . Inventories, loans & advances, trade receivables and other current / non-current assets are reviewed annually and in the
opinion of the management do not have a value on realization in the ordinary course of business, less than the amount at
which they are stated in the balance sheet.
c) . Previous year figures have been regrouped and rearranged to make them comparable with the current year figures.
d) Estimation of uncertainties relating to the global health pandemic from COVID-19
World Health Organisation (WHO) declared Outbreak of Corona virus disease (COVID-19) a global pandemic on March
11 2020. Consequent to this Government of India declared lock down on 24 March 2020 which has impacted the business
activities of the company. The company has taken various measures in consonance with central and state government or
it is to contain the pandemic command which includes closing of offices and adopting work from home policy for
employees.
Given the uncertainty of quick turn down to normalcy, post lifting of the lock down, the company has carried out a
comprehensive assessment of possible impact on its business operations, financial assets common contractual obligations
and its over on equity position, based on the internal external sources of information and application of reasonable
estimates. the company does not foresee any significant incremental risk to the recoverability of its assets or in meeting its
financial obligations over the foreseeable future given early and its quite steps taken to contain, protect and mitigate the
exposure
pursuant to the relax guidelines, the company has now resumed its operations and activities as allowed in strict keeping
with government at advisors. however, most of the staff continued to operate from home. Since the situations are
continuously evolving, the impact assessment be different from the estimates made has at the date of approval of this
financial statement and the management to will continue to monitor any material changes arising due to the impact of this
pandemic on financial and operational performance of the company and take necessary measures to address the situations.
24) The company operates in two types of business i.e., Income form Shares & Interest Income and single geographical
segment i.e. Within India Accordingly no separate disclosures for primary Business and Second Geographical segment are
required.
27 RELATED PARTY DISCLOSURES
A) Names of related parties and description of relation:
(i) Holding companies: NIL
(ii) Subsidiary companies: NIL
iii) Related parties other than holding companies with whom transactions have taken place during the year
(a) Fellow subsidiaries: NIL
(b) Other related parties
Abhinav Leasing & Finance Limited, Aglow Financial Services Pvt. Ltd., Jolly Plastic Industries Limited, MIDAS Global
Securities Limited
(iv) Key Management Personal: Atul Kumar Agarwal, Sunil Kumar Agarwal, Rajeev Garg, Ishu Agarwal, Rajesh Kumar
Vaid
(ii) The company do not own any immovable property which is in the name of the company.
(m) The company does not hold any investments.
(iv) The Company does not have any benami property, where any proceeding has been initiated or pending against
the Company for holding any benami property.
(v) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.
(vi) The company does not have any Intangible assets under development.
(vii) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including
foreign entities (Intermediaries) with the understanding that the Intermediary shall:
(a) 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
(b) provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries
(viii) The Company has no subsidiary company therefore Rules with regard to the number of layers prescribed
under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017
are not applicable.
(ix) The Company has not received funds from person(s) or entity(ices) 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 by or on
behalf of the Funding Party (Ultimate Beneficiaries) or provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries
(x) The company does not have any transactions with the companies struck off under section 248 of Companies
Act, 2013 or section 560 of Companies Act, 1956.
(xi) The Provision of section 135 is not applicable on the Company and accordingly the company is not required
to spent on CSR activities.
(xn) The Company has registered charges with ROC
(xiii) The company has not borrowed funds from banks or financial institutions on the basis of the security of
current assets for which the quarterly statements are to be submitted to the bank.
(xiv) The Company has not revalued its Property, Plant & Equipment (including Right of Use Assets)
(xiv) During the year, no scheme of Arrangements has been applied by the company to the Competent Authority
in terms of sections 230 to 237 of the Companies Act, 2013.
For and on behalf of Board
Tridev Infraestates Limited
For: GAMS & Associates LLP
(Chartered Accountants)
FRN: ON500094
Atul Kumar Agarwal Sunil Kumar Agarwal Ankita Agarwal
(Director) (Managing Director/CFO) (Company secretary)
DIN-00022779 DIN-00033287 PAN- EBGPA0926Q
CA. Anil Gupta
(Partner)
M.No. 088218
Date: 30.05.2024
Place: New Delhi
UDIN: 24088218BKAVEC9391
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