Falcon Technoprojects India Ltd. ಖಾತೆಯ ಉಪಯುಕ್ತ ಮಾಹಿತಿ

Mar 31, 2026

7.1) The Company has availed a Cash Credit facility of ^300.00 lakhs from Abhyudaya Co op Bank, The said facility, including all interest, liquidated damages, prepayment premia, and any other amounts payable under the arrangement, is primarily secured by way of hypothecation of the entire current assets of the Company, including inventories and trade receivables, covering the full extent of the working capital limits.

In addition, the facility is secured by way of an equitable mortgage over immovable properties and further supported by personal guarantees extended by the directors of the Company. The facility carries an interest rate of 12.25% per annum, calculated on daily outstanding balances. The credit limit is being utilised for meeting the day-to-day working capital requirements of the business.____

7.2) Loans from directors were unsecured, non-interest bearing, and repayable on demand The said loans were repaid during the year and no outstanding balance exists as at the balance sheet date.

7.3) Loans from other parties comprise unsecured borrowings from HI-KLASS Trading & Investment Ltd., carrying interest at 12% p.a; and from Starwing Realtor Private limted, carring interest at 10% p.a. All such loans are unsecured in nature and are repayable on demand.

NOTE 31 ^{ln op,n,on} °*^{* boar<* of directors the current assets, loan & advances are realisable m ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet The loans and advances made by company are unsecured and treated as current assets and not prejudicial to the interest of the Company.}

NOTE 32 ^A" ^,h* *^{tnown ,ncom}* *** expenditure and assets and liabilities have been taken into account and that all the expenditure debited to the profit and loss account have been exclusively incurred for the purpose of the company''s business.

NOTE 33 Balance in the accounts of debtors, creditors and advances are subject to confirmation/ reconciliation/adjustment from the respective parties

NOTE 34 No significant subsequent events have been observed which may require an adjustments to the financial statements.

NOTE 35 Previous''s Year Figures have been regrouped/redassified wherever necessary to correspond with the current year''s classification/disdosure

NOTE 36 Additional Regulatory Information As Per Para Y Of Schedule III To Companies Act, 2013:

i) The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 and rules made thereunder.

Ii) The Company has not revalued its Property, Plant and Equipment. The Company does not have any intangible assets under development. The Company does not have any capital work-in-progress.

in) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period

iv) The Company has not traded or invested in Crypto Currency or Virtual Currency during the current and previous financial year

v) The Company has not been declared as wilful defaulter by any bank or financial institution or other lender

vi) The Company has not granted any loans, not made any investments and has not provided guarantees and securities as applicable with the provisions of Section 185 and 186 of the Companies Act, 2013.

vii) The Company has not any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 such as, search or survey or any other relevant provisions of the Income Tax Act, 1961

vm) The Company did not have any material transactions with companies struck off under Section 248 of the Companies Act, 2013 or Section S60 of Companies Act, 1956 during the financial year.

ix) The Company has not entered with any Scheme(s) of arrangement in terms of sections 230 to 237 of the Companies Act, 2013.

x) 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

xi) 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

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Mar 31, 2025

XVIII. Provision, Contingent Liability and Contingent Assets:

Provisions involving substantial degree of estimation measurement are recognized when
there is present obligation as a result of past events, and it is possible 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.

NOTES TO THE FINANCIAL STATEMENTS:

25. Contingent Liabilities of the Company:

a. Performance Bank Guarantee Rs. 76.94 lakh (Previous Year 2023-2024 is Rs. 90.22 lakh/-)

b. During the year the GST Audit Department has issued Show Cause Notice (SCN) dated
23.08.2023. In the said SCN the GST audit department has calculated GST liability of
Rs.42,63,396/- (CGST of Rs.21,31,698/- and SGST of Rs.21,31,698/-), The matter required
adjudication. Further till date demand notice has not been served on the company.

26. The balances of Sundry Debtors and Sundry Creditors are subject to confirmation from
respective parties.

27. In the opinion of the Board of Directors, Current Assets, Loans and Advances have a value
on realization at least equal to the amount at which they are started in Balance sheet.
Adequate provisions have been made for all known liabilities except stated otherwise.

28. The company has not received information from vendors regarding their status under the
Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosure relating

to amounts unpaid as at year end together with interest paid/payable under this Act has not
been given.

29. Expenditure in Foreign Currency: Rs. NIL (Previous Year - Rs. NIL)

30. CIF Value of Import Rs. Nil (Previous Year -Rs. Nil/-)

31. Impairment of Assets:

The Company has not recognized any loss on impairment in respect of assets of the
Company as is required in terms of Accounting Standard 28 on Impairment of Assets issued
by Institute of Chartered Accountants of India, since in the opinion of management the
reduction if any in value of assets, to the extent required, has been provided in the books.

36. No Transaction to report against the following disclosure required as notified by
MCA pursuant to amended Schedule III:

> Crypto Currency or Virtual Currency.

> Benami Property held under Prohibition of Benami Property Transactions Act, 1988 and
rules made thereunder.

> The company has no transaction with company struck-off under section 248 of the
Companies Act, 2013 or Section 560 of the Companies Act, 1956.

> As the company has no holding or subsidiary company, requirement with respect to
number of layers prescribed under Clause 87 of Sub section 2 of the Companies Act,
2013 read with Companies (restriction on number of layers) rules, 2017 is not
applicable.

37. Previous year''s figures have been regrouped / reclassified wherever necessary to correspond
with the current year''s classification / disclosure.

38. During the year ended on March 31, 2022, 2023 & 2024 and during the 9 months ended
December 31, 2024, the Company has not advanced or loaned or invested funds (either
borrowed funds or share premium or kind of funds) to any other person(s) or entity(ies),
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 by or on behalf of the Company
(Ultimate Beneficiaries) or provide any guarantee, security or the like to or on behalf of the

beneficiaries.

^{During the year} ended on March 31, 2022, 2023 & 2024 and during the 9 months ended

December 31, 2024, the Company has not received any fund from any person(s) or
entity(ies), including foreign entities (Funding Party) 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.

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Mar 31, 2024

Note 3.1 The Company has only one class of equity shares. Each holder of equity shares is entitled to onevote per share.

Note 3.2 During the year 28,50,000 Nos of Bonus shares has been issued and there is fresh issue of Equity Shares thorugh the Preferential Allotment of 5,18,793 Nos of shares of Rs. 10 each Note 3.3 There is change in the number of shares outstanding at the beginning and at the end of the year Note 3.4 There is change in the pattern of shareholding during the year.

Note 3.5 In the event of liquidation, the equity shareholders are eligible to receivethe remaining assets of the Company after distribution of all preferential amount, in proportion to their shareholding.

Primary Securities:

i) Hypothecation of Stock of Raw Material, Semi Finished Goods, Finished Goods.

ii) Hypothecation of Book Debts arising out of genuine trade transactions outstanding not more than 90

days._

Collateral Securities:_

i) Flat No.504, 5 floor,Building No A Nira Complex (AType) CHS Ltd., Village Goddeo, Bhayander East, Thane-401105.

ii) Rat No.2, BuildingNo.3, Centelia, Acme Ozone, Vllage Chitalsar, Manpada Taluka and Dist Thane.

iii) Unit No.B-505, B-wing, 5T floor, Lodha Supremus Thane, Kolshet

iv) Vllage Balkum Kolshet and Dhokali Taluka and District Thane-400607

v) Rat No.2605, 26 Roor, A-wing, Hubtown Greenwoods Building, Pokhran Road No. I, Vartak Nagar, Vllage Majiwade Thane-400606.

vi) Shop No.116, 1ST Roor, Building No.2," Keshav Vasudev Sky High, Kanakia Road, Beverly Park, Mira Road East, Thane-401107

Note 7.2 : Working Capital Facility from NBFC of Rs.70.00 Lakhs is secured by bank guarantee of Rs. 70 lakhs.

Steps have been taken to identify the suppliers who qualifyunder the definition of micro and small enterprises, as defined under the Micro, Small and Medium Enterprises Development Act 2006. Since no intimation has been received from the suppliers regarding their status under the said Act as at 31st March 2024, disclosures relating to amounts unpaid as at the year end, if any, have not been furnished. In the opinion of the management, the impact of interest, if any, that may be payable in accordance with

the provicionc of the Act io not expected to be material_

Current ratios:

Due to infusion of more funds by way of Capital and repayment of current liabilities has resulted into improved current ratio.,

Debt Equity Ratios

Due to allotment of Equity Shares to the promoter has resulted into improved Debt Equity Ratio Return on equity ratios

During the year the company has made fresh allotment of equity shares which has impacted Return on Equity Ratio

Inventory Turnover Ratio, Trade receivables turnover ratio and Trade payables turnover ratio

Due to decrease in Turnover

Net capital turnover ratio

During the year the company has made fresh allotment of equity shares which has impacted Net capital turnover ratio

Return on capital employed

During the year the company has made fresh allotment of equity shares which has impacted Return on capital employed

25. Contingent Liabilities of the Company:

a. Performance Bank Guarantee Rs. 90.22 lakh (Previous Year 2022-2023 is Rs. 88.01 lakh/)

b. During the year the GST Audit Department has issued Show Cause Notice (SCN) dated 23.08.2023. In the said SCN the GST audit department has calculated GST liability of Rs.42,63,396/- (CGST of Rs.21,31,698/- and SGST of Rs.21,31,698/-). The matter required adjudication. Further till date demand notice has not been served on the company.

26. The balances of Sundry Debtors and Sundry Creditors are subject to confirmation from

respective parties.

27. In the opinion of the Board of Directors, Current Assets, Loans and Advances have a value

on realization at least equal to the amount at which they are started in Balance sheet. Adequate provisions have been made for all known liabilities except stated otherwise.

28. The company has not received information from vendors regarding their status under the

Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosure relating to amounts unpaid as at year end together with interest paid/payable under this Act has not been given.

29. Expenditure in Foreign Currency: Rs. NIL (Previous Year - Rs. NIL)

30. CIF Value of Import Rs. Nil (Previous Year -Rs. Nil/-)

31. Impairment of Assets:

The Company has not recognized any loss on impairment in respect of assets of the Company as is required in terms of Accounting Standard 28 on Impairment of Assets issued by Institute of Chartered Accountants of India, since in the opinion of management the reduction if any in value of assets, to the extent required, has been provided in the books.

36. No Transaction to report against the following disclosure required as notified by MCA

pursuant to amended Schedule III:

> Crypto Currency or Virtual Currency.

> Benami Property held under Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder.

> The company has no transaction with company struck-off under section 248 of the Companies Act, 2013 or Section 560 of the Companies Act, 1956.

> As the company has no holding or subsidiary company, requirement with respect to number of layers prescribed under Clause 87 of Sub section 2 of the Companies Act, 2013 read with Companies (restriction on number of layers) rules, 2017 is not applicable.

>

37. Previous year''s figures have been regrouped / reclassified wherever necessary to

correspond with the current year''s classification / disclosure.