Shiv Aum Steels Ltd. ಖಾತೆಯ ಉಪಯುಕ್ತ ಮಾಹಿತಿ

p) Provisions

Provisions are recognised when the Company has a present obligation as a result of past events, it is more likely than not that an outflow of resources
embodying economic benefits will be required to settle the obligation anda reliable estimate can be made of the amount ofthe obligation. Provisions
are not discounted to their present value and are determined based on the best estimate required to settle the obligation at the reporting date.
These estimates are reviewed at each reporting date and adjusted to reflect the current best estimates.

Where the company expects some or all of a provision to be reimbursed, for example under an insurance contract, the reimbursement is recognized
as a separate asset but only when the reimbursement is virtually certain. The expense relating to any provision is presented in the statement of profit
and loss net of any reimbursement.

q) Contingent Liabilities

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or non-occurrence of
one or more uncertain future events beyond the control of the company or a present obligation that is not recognized because it is not probable that
an outflow of resources will be required to settle the obligation. A contingent liability also arises in extremely rare cases where there is a liability that
cannot be recognized because it cannot be measured reliably. The company does not recognize a contingent liability but discloses its existence in the
financial statements.

r) Borrowing Costs

Borrowing cost includes interest and amortization of ancillary costs incurred in connection with the arrangement of borrowings.

Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time to
get ready for its intended use or sale are capitalized as part of the cost of the respective asset. All other borrowing costs are expensed in the period
they occur.

s) Cash and Cash Equivalents

Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short-term investments with an original
maturity of three months or less.

t) Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the effects of
transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. Cash flows for the year are classified by
operating, investing and financing activities.

u) Fair Value Measurement

Fair value is the price that would be received to sell an asset or paid to settle a liability in an orderly transaction between market participants at the
measurement date, regardless of whether that price is directly observable or estimated using another valuation technique.

v) First time adoption of Ind AS

These financial statements, for the year ended March 31, 2026, are the first financial statements prepared in accordance with Ind AS. The accounting
policies set out in Note 1 have been applied in preparing the financial statements for the year ended on March 31, 2026, the comparative information
presented in these financial statements for the year ended March 31, 2025 and in the preparation of an opening Ind AS balance sheet at April 1, 2025.
In preparing its opening Ind AS balance sheet and in presenting the comparative information for the year ended March 31, 2026, the Company has
adjusted the amounts reported previously in the financial statements prepared in accordance with the accounting standards notified under
Companies (Accounting Standards) Rules, 2006 (as amended) and other relevant provisions of the Act (previous GAAP or Indian GAAP). For the
purpose of transition from the Indian GAAP to Ind AS, the Company has applied Ind AS 101 - First Time Adoption of Indian Accounting Standards.

An explanation of how the transition from previous GAAP to Ind AS has affected the Company financial position is set out in the following tables and
notes. Exemptions on first time adoption of Ind AS availed in accordance with Ind AS 101 have been described in below.

w) Exemptions and exceptions availed on first time adoption of Ind AS 101

Set out below are the applicable Ind AS 101 optional exemptions and mandatory exceptions applied in the transition from previous GAAP to Ind AS

Ind AS optional exemptions a) Deemed Cost: Ind

AS 101 permits, a first time adopter to elect to continue with the carrying values for all of its property, plant and equipment as recognised in the
financial statements as at the date of transition to Ind AS, measured as per the previous GAAP and use that as its deemed cost as at the date of
transition after making necessary adjustments for de-commissioning liabilities. Accordingly, the Company has elected to measure all of its property,
plant and equipment and intangible assets at their previous GAAP carrying value. Ind AS mandatory exceptions

Estimates An entity''s estimates in accordance with Ind AS at the date of transition to Ind AS shall be consistent with estimates made for the same
date in accordance with previous GAAP (after adjustments to reflect any difference in accounting policies), unless there is objective evidence that
those estimates were in error. Ind AS estimates as at April 1, 2025 are consistent with the estimates as at the same date made in conformity with
previous GAAP. Classification and measurement of financial assets

Ind AS 101 requires an entity to assess classification and measurement of financial assets on the basis of the facts and circumstances that exist at the
date of transition to Ind AS. Accordingly, the Company has determined the classification of financial assets based on the facts and circumstances that
exist on the date of transition.

Terms & Condition of Sanction:

SBI (e-DFS A/c) Jindal: Limit 50 Crores
Primary Security:

Hypothecation of company''s entire stocks & Receivables Pertaining to Jindal Steel & Power Limited.

Collateral Security:

1) Registered Mortgage of Flat No. 7, 2nd Floor, Amber CHS, Plot No -75, Road No. 25, Behind SIES College, sion. Next to Sindhi Colony, Sion (W), Mumbai- 400022, admg 1114 sqft,
owned by Shri Jatin Nagindas Mehta.

2) Registered mortgage Offfice No. 515, 5th floor, The Summit Business Bay, Plot No 266 & 266/1 to 172, Village - Gundavali, Andheri Kurla Road, Near Cinemax & W.E. Highway
Metro, Andheri (E), Mumbai - 400093 EDMG 2200 sqft built up area, owned by Shiv Aum Steels Pvt. Ltd.

3) Lien on 500.00 lacs Fixed Deposit in the name of Shiv Aum Steels Limited.

Third Parties Guarantee: Personal Guarantee of Directors:

1) Shri Jatin Nagindias Mehta 2) Shri Krishna Nagindas Mehta 3) Shri Sanjay Narendra Bansal 4) Shri. Ajay Narendra Bansal 5) Shri. Rishabh Jatin Mehta 6) Shri. Utsav Sanjay Bansal
Terms & Condition of Sanction:

Standard Chartered Overdraft: Limit 40 Crores
Primary Security:

Exclusive charge on Hypothecation of current assets both present and future exculding charge on inventory & receivables
Collateral Security:

1) Exclusive charge on Residential property located at Flat 1602, 16th Floor, Building No 3C indiabulls, Green Sector 02, Panvel -410206. Property is owned by Shiv Aum Steels
Limited.

2) Exclusive charge on Land at Taloja under Survey No. 99, Hissa No. 1A/2(1)/A and Survey No. 99, Hissa No. 1A/2(2), Vavanje Village, Taluka Panvel owned by Shiv Aum Steels Ltd.

3) Exclusive charge on Residential Property located at Flat 710, Skyi Songbirds Building No. 2, 2A, Bhugaon Mulshi, Pune -412115. Property is owned by Sanjay Narendra Bansal.

4) Exclusive charge on Residential Property located at Flat 1010. Skyi Songbirds Building No. 2, 2A, Bhugaon Mulshi, Pune -412115. Property is owned by Sanjay Narendra Bansal.

5) Exclusive charge on Residential Property located at Flat 1108. Skyi Songbirds Building No. 2, 2A, Bhugaon Mulshi, Pune -412115. Property is owned by Sanjay Narendra Bansal.

6) Lien on 404.50 lacs Fixed Deposit in the name of Shiv Aum Steels Limited.

Third Parties Guarantee: Personal Guarantee of Directors and corporate Gurantee:

1) Shri Jatin Nagindias Mehta 2) Shri Krishna Nagindas Mehta 3) Shri Sanjay Narendra Bansal 4) Shri. Ajay Narendra Bansal 5) Shri. Rishabh Jatin Mehta 6) Shri. Utsav Sanjay Bansal

7) m/s Hari om Steels 8) M/s Mobi Relators Private Limtied

30 Disclosure pursuant to Accounting Standard - 15 ''Employee Benefits''

Effective 1 April 2007, the Company adopted Accounting Standard 15 (revised 2005) on “Employee Benefits" prescribed in the Companies
(Accounts) Rules, 2014.

a. Defined contribution plans

The Company makes contributions retirement benefits determined as a specific percentage of employee salaries, in respect of qualifying employees
towards provident fund, employees state insurance scheme (''ESIC'') which are defined contribution plans. The Company has no obligations other
than stated above to make the specified contributions. The contribution is charged to the statement of profit and loss when an employee renders

b. Defined benefit plans

The company has Defined Benefit Plan comprising of Gratuity benefits. The liability of gratuity is determined as per the Actuarial valuation of
Gratuity is payable to all eligible employees of the Company on superannuation, death and permanent disablement, in terms of the provisions of
the Payment of Gratuity Act,1972 by LIC under the LIC Gratuity Scheme. The schedule of the Valuation is attached hereunder:

39 Financial risk management objectives and policies

The principal financial liabilities, comprise borrowings, trade payables and other payables. The main purpose of these financial liabilities is to finance the operations.
The principal financial assets include loans, trade receivables, cash and bank balances and other receivables that derive directly from its operations. The activities
expose it to market risk, liquidity risk and credit risk. The management oversees the management of these risks and ensures that the financial risk activities are governed
by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with the policies and risk objectives.

(A) Market risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises two types
of risk: interest rate risk and other price risk, such as equity price risk and commodity risk. The has no exposure to commodity prices as it does not deal in derivative
instruments whose underlying is a commodity.

(B) Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The exposure to
the risk of changes in market interest rates relates primarily to the debt obligations with floating interest rates. The management is responsible for the monitoring of the
interest rate position. Various variables are considered by the management in structuring the borrowings to achieve a reasonable, competitive cost of funding.

(C) Credit risk

Credit risk is the risk of financial loss to the if a customer or counterparty to a financial instrument fails to meet its contractual obligations, and arises principally from
the receivables from customers.

Investments

The limits its exposure to credit risk by generally investing in liquid securities and only with counterparties that have a good credit rating. The credit worthiness of the
counterparties of the investments made are evaluated by the management on an ongoing basis and does not expect any significant losses from non-performance by these
counterparties.

Trade and other receivables

The exposure to credit risk is influenced mainly by the individual characteristics of each customer. However, credit risk with regards to trade receivabl.

Other financial assets

The does a proper financial and credibility check on the Other financial assets and only differential, if any, is paid out thereby further mitigating the non-realization risk.
The does not foresee any credit risks on deposits with regulatory authorities.

Cash and cash equivalents

The limits its exposure to credit risk of cash held with banks by dealing with highly rated banks and institutions and retaining sufficient balances in bank accounts
required to meet a month’s operational costs. The Management reviews the bank accounts on regular basis and fund drawdowns are planned to ensure that there is
minimal surplus cash in bank accounts.

(D) Liquidity risk

Liquidity risk is the risk that the will not be able to meet its financial obligations as they become due. The manages its liquidity risk by ensuring, as far as possible, that
it will always have sufficient liquidity to meet its liabilities when due. The objective is to maintain a balance between continuity of funding and flexibility through the
use of surplus funds, bank overdrafts, bank loans and inter-corporate loans.

41 Corporate Social Responsibility

As per section 135 of the Companies Act, 2013, a company, meeting the applicability threshold, needs to spend at least 2% of
its average net profit for the immediately preceding three financial years on corporate social responsibility (CSR) activities.
The areas for CSR activities are community healthcare, free food, sanitation & hygiene, setting up old age home and
education, etc. A CSR committee has been formed by the parent as per the Act. The funds are utilized through the year on
these activities which are specified in Schedule VII of the Companies Act, 2013.

42 Capital management

For the purpose of the ’s capital management, capital includes issued equity capital, securities premium and all other equity reserves
attributable to the equity holders. The primary objective of the ’s capital management is to maximize the shareholder value and to ensure
the ability to continue as a going concern.

The has not distributed any dividend to its shareholders. The monitors gearing ratio i.e. total debt in proportion to its overall financing
structure, i.e. equity and debt. The manages the capital structure and makes adjustments to it in the light of changes in economic conditions
and the risk characteristics of the underlying assets.

43 Disclosure pursuant to Section 186 (4) Of the Companies Act, 2013:

(i) Loans given to employees as per the ’s policy are not considered for the purposes of disclosure under Section 186(4) of the Companies Act, 2013.

(ii) The guarantee and Loan given to subsidiary compnay Shivaum Ventures Private Limited is INR 866.69 lacs (31 March 2025: INR 658.46 lacs).

(iii) Details of Investments made are given Note.

44 Segment reporting

The Managing Director is the Chief Operating Decision Maker (''CODM'') of the who monitors the operating results of the for the real estate development activity, which is
considered to be the only reportable segment by the management. Hence, there are no additional disclosures to be provided under Ind AS 108 ''Operating Segments'' with
respect to the single reportable segment, other than those already provided in these financial statements. The is domiciled in India. The revenue from operations from
external customers relate to Tading of steel products in India and all the non-current assets of the are located in India.

45 Other Statutory Information

(i) There are no proceedings initiated or are pending against thefor holding any benami property under the Prohibition of Benami Property Transactions Act, 1988 and rules
made thereunder.

(ii) Company has no transactions with the companies struck off under Companies Act, 2013 or Companies Act, 1956.

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

(iv) Company has not traded or invested in crypto currency or virtual currency during the current period or previous years.

(v) 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 (Ultimate Beneficiaries) or

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

(vi) 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 shall:

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries

(vii) Company does not have any transaction which is not recorded in the books of account that has been surrendered or disclosed as income during the period/ 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).

(viii) The has not been declared wilful defaulter by any bank or financial institution or government or any government authority or any other lender.

(ix) Company has not entered into any scheme of arrangement which has an accounting impact on current period or previous years.

(x) Company has not revalued its property, plant and equipment (including right to use assets) or other intangible assets or both during the current period or previous years.

(xi) Company has complied with the number of layers prescribed under section 2(87) of the Companies Act, 2013 read with Companies (Restriction on Number of Layers)
Rules, 2017.

46 The Code on Social Security 2020

Effective November 21, 2025, the Government of India consolidated 29 existing labour regulations into four Labour codes, namely, The Code on Wages, 2019, The Industrial
Relations Code, 2020, The Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the ''New Labour
Codes''. The Company has evaluated the impact of the New Labour Codes in accordance with the applicable accounting standards and concluded that there is no material
impact on the provision for employee benefits. Accordingly, no adjustment, including any recognition of past service cost, has been made in the Restated Financial
Statements for the nine months period ended 31 December 2025. Upon notification of the related Rules to the New Labour Codes by the Government and any further
clarification from the Government on other aspects of the New Labour Codes, the Company will evaluate and account for additional impact if any, in subsequent periods.

47 The has not made any Contribution to political party for the period ended 31 March 2026 (31 March 2025: INR Nil).

48 Subsequent Events

There have been no significant events after the reporting period and before the approval of the financial statements which would require a change to or additional
disclosure in the financial statements.

o) Provisions

Provisions are recognised when the Company has a present obligation as a result of past events, it is more likely than not that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Provisions are not discounted to their present value and are determined based on the best estimate required to settle the obligation at the reporting date. These estimates are reviewed at each reporting date and adjusted to reflect the current best estimates.

Where the company expects some or allofa provision to be reimbursed, for example under an insurance contract, the reimbursement is recognized as a separate asset but only when the reimbursement is virtually certain. The expense relating to any provision is presented in the statement of profit and loss net of any reimbursement.

p) Contingent Liabilities

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or nonoccurrence of one or more uncertain future events beyond the control of the company or a present obligation that is not recognized because it is not probable that an outflow of resources will be required to settle the obligation. A contingent liability also arises in extremely rare cases where there is a liability that cannot be recognized because it cannot be measured reliably. The company does not recognize a contingent liability but discloses its existence in the financial statements.

q) Borrowing Costs

Borrowing cost includes interest and amortization of ancillary costs incurred in connection with the arrangement of borrowings.

Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of the respective asset. All other borrowing costs are expensed in the period they occur.

r) Cash and Cash Equivalents

Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short-term investments with an original maturity of three months or less.

s) Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. Cash flows for the year are classified by operating, investing and financing activities.

j ii=i=!^^

o) Provisions

Provisions are recognised when the Company has a present obligation as a result of past events, it is more likely than not that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Provisions are not discounted to their present value and are determined based on the best estimate required to settle the obligation at the reporting date. These estimates are reviewed at each reporting date and adjusted to reflect the current best estimates.

Where the company expects some or all of a provision to be reimbursed, for example under an insurance contract, the reimbursement is recognized as a separate asset but only when the reimbursement is virtually certain. The expense relating to any provision is presented in the statement of profit and loss net of any reimbursement.

p) Contingent Liabilities

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events beyond the control of the company or a present obligation that is not recognized because it is not probable that an outflow of resources will be required to settle the obligation. A contingent liability also arises in extremely rare cases where there is a liability that cannot be recognized because it cannot be measured reliably. The company does not recognize a contingent liability but discloses its existence in the financial statements.

q) Borrowing Costs

Borrowing cost includes interest and amortization of ancillary costs incurred in connection with the arrangement of borrowings.

Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of the respective asset. All other borrowing costs are expensed in the period they occur.

r) Cash and Cash Equivalents

Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short-term investments with an original maturity of three months or less.

s) Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. Cash flows for the year are classified by operating, investing and financing activities.

T erms & Condition ofB48:I106 Sanction:

SBI (e-DFS A/c) Jindal: Limit 40 Crores

Primary Security:

Hypothecation of company''s entire stocks & Receivables Pertaining to Jindal Steel & Power Limited.

Collateral Security:

1) Registered Mortgage of Flat No. 7, 2nd Floor, Amber CHS, Plot No -75, Road No. 25, Behind SIES College, sion. Next to Sindhi Colony, Sion (W), Mumbai- 400022, admg 1114 sqft, owned by Shri Jatin Nagindas Mehta.

2) Registered mortgage Offfice No. 515, 5th floor, The Summit Business Bay, Plot No 266 & 266/1 to 172, Village -Gundavali, Andheri Kurla Road, Near Cinemax & W.E. Highway Metro, Andheri (E), Mumbai - 400093 EDMG 2200 sqft built up area, owned by Shiv Aum Steels Pvt. Ltd.

3) Lien on 729242.888 Units oi SBI Magnum Medium Duration Fund - Regular Growth at Purchase value of Rs. 3.00 Crore under folio no. 29129602 in the name of Shiv Aum Steels Limited.

Third Parties Guarantee: Personal Guarantee of Directors:

1) Shri Jatin Nagindias Mehta 2) Shri Krishna Nagindas Mehta 3) Shri Sanjay Narendra Bansal 4) Shri. Ajay Narendra Bansal 5) Shri. Rishabh Jatin Mehta 6) Shri. Utsav Sanjay Bansal

Terms & Condition of Sanction:

Standard Chartered Overdraft: Limit 35 Crores

Primary Security:

Exclusive charge on Hypothecation of current assets both present and future exculding charge on inventory & receivables pertaining to JSPL under SCF facility. Since no value is assigned for stocks and book bedts and its stock insurance is waived.

Collateral Security:

1) Exclusive charge on Residential property located at Flat 1602, 16th Floor, Building No 3C indiabulls, Green Sector 02, Panvel -410206. Property is owned by Shiv Aum Steels Limited.

2) Exclusive charge on Plot No. 1555C, Kalamboli Steel Warehousing Complax (KWC), Nr Kalamboli Rly Station , Kalamboli, Dist Raigad, Navi Mumbai 410218. Property is owned by Hari Om Steels.

3) Exclusive charge on Land at Taloja under Survey No. 99, Hissa No. 1A/2(1)/A and Survey No. 99, Hissa No. 1A/2(2), Vavanje Village, Taluka Panvel owned by Shiv Aum Steels Ltd.

4) Exclusive charge on Residential Property located at Flat 710, Skyi Songbirds Building No. 2, 2A, Bhugaon Mulshi, Pune -412115. Property is owned by Sanjay Narendra Bansal.

5) Exclusive charge on Residential Property located at Flat 1010. Skyi Songbirds Building No. 2, 2A, Bhugaon Mulshi, Pune -412115. Property is owned by Sanjay Narendra Bansal.

6) Exclusive charge on Residential Property located at Flat 1108. Skyi Songbirds Building No. 2, 2A, Bhugaon Mulshi, Pune -412115. Property is owned by Sanjay Narendra Bansal.

Third Parties Guarantee: Personal Guarantee of Directors and corporate Gurantee:

1) Shri Jatin Nagindias Mehta 2) Shri Krishna Nagindas Mehta 3) Shri Sanjay Narendra Bansal 4) Shri. Ajay Narendra Bansal 5) Shri. Rishabh Jatin Mehta 6) Shri. Utsav Sanjay Bansal 7) m/s Hari om Steels 8) M/s Mobi Relators Private Limtied

5 Deneni Description

Benefit Type

75 yea rs for 6

Retirement Age ^{70 Years} 70 years for Directors & 1 Employee and 65 years for Employees

for 1 Employee and 65

years for Employees

Vesting Period 5 Yrs of Service 5 Yrs of Se rvice

The principal actuarial assumptions for the above are as follows: -

Salary Growth Rate 7% p.a. 7% p.a.

Discount Rate 7.20% per annum 7.30% per annum

Mortality IALM 2012-14 Ultimate IALM 2012-14 Ultimate

Withdrawal Rate 5 % per annum 5 % per annum

Micro, Small and Medium Enterprises

As per the information available with the Company and certified by them, total outstanding due to Small Enterprises as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 at the end of the year is Rs. Nil (Nil).

In the opinion of the Board, Current Assets, Loans and Advances have a value on realisation in the ordinary course of business, at least equal to the amount at which they are stated.

The outstanding balances of Sundry Debtors, Sundry Creditors, and loans & advances are subject of confirmation and reconciliation/ consequential adjustment, if any.

The previous year''s figures have been reworked, rearranged and reclassified wherever considered necessary. Accordingly, amounts and other disclosures for the preceding year are included as an integral part of the current year financial statements and are to be read in relation to the amounts and other disclosures relating to the current year.

All items of receipts and payments, Income & Expenditure wherever details, vouchers, supporting and or any sort of evidences not available are hereby approved confirmed, authenticated and certified by the management.

1. Terms/rights attached to equity shares:

(a) The Company has one class of shares i.e., Equity shares having a face value of Rs.10 per share. Each holder of Equity Shares is entitled to one vote per share.

(b) There were forfeited shares and buy back of shares in last five years. Bonus shares issued in the year 2016-17,

(c) Details of Equity Shareholders holding more than 5% of equity shares along with No of Equity Shares held at the beginning and at the end of the reporting period are as given below:-

(d) Company does not have any Revaluation Reserve.

(e) The above statement should be read with the significant accounting policies and notes to restated summary statements of assets and liabilities, profits and losses and cash flows appearing in Annexures IV, I, II and III.

1. List of persons/entities classified as ''Promoters'' and ''Promoter Group Companies'' has been determined by the Management and relied upon by the Auditors. The Auditors have not performed any procedure to determine whether the list is accurate and complete.

Amount due to entities covered under Micro, Small and Medium Enterprises as defined in the Micro, Small, Medium Enterprises Development Act, 2006, have been identified on the basis of information available with the Company. It is informed by the management no provision has been made for interest as required by Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 on amounts due to Small Scale Industries, as none of the outstanding as on date are of the entity listed in MSME.

The figures disclosed above are based on the restated summary statement of assets and liabilities of the Company.

The above statement should be read with the significant accounting policies and notes to restated summary statements of assets and liabilities, profits and losses and cash flows.