I. SIGNIFICANT ACCOUNTING POLICIES
Basis of preparation of Financial Statements

a) Basis of accounting

These standalone financial statements have been prepared on a going concern basis.
The management is of the view that the assets and liabilities have been recorded on the
basis that the Company will be able to realize its assets and discharge its liabilities in
the normal course of business. The Financial Statements have been prepared and
presented under the historical cost convention, on the accrual basis of accounting in
accordance with the accounting principles generally accepted in India (‘Indian GAAP’) to
comply with the Accounting Standards specified under Section 133 of the Companies
Act, 2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and the relevant
provisions of the Companies Act, 2013. The Accounting Policies adopted in the
preparation of the financial Statements are consistent with those of the previous year.

b) Use of estimates

The preparation of financial statements in conformity with accounting principles
generally accepted in India requires the management to make judgments, estimates and
assumptions that affect the reported amounts of revenue, expenses, assets and
liabilities and disclosure of contingent liabilities at the end of the reporting period.

c) Current/ Non-Current Classification

Any asset or liability is classified as current if it satisfies any of the following conditions:

i. It is expected to be realized or settled or is intended for sale or consumption in the
Company’s normal operating cycle.

ii. It is expected to be realized or settled within twelve months from the reporting date;

iii. In the case of an asset,

• It is held primarily for the purpose of being traded; or

• It is cash or cash equivalent unless it is restricted from being exchanged or used
to settle a liability for at least twelve months after the reporting date

iv. In the case of a liability, the Company does not have an unconditional right to defer
settlement of the liability for at least twelve months from the reporting date.

All other assets and liabilities are classified as non-current.

For the purpose of current/non-current classification of assets and liabilities, the Company
has ascertained its normal operating cycle as twelve months. This is based on the nature
of the business and the time between the acquisition of assets or inventories for
processing and their realization in cash and cash equivalents.

1.2 Property, Plant & Equipment

a) Tangible Fixed Assets:

Tangible fixed assets are carried at the cost of acquisition or construction less
accumulated depreciation. The cost of fixed assets comprises of its purchase price,
including import duties and other non- refundable taxes or levies and directly

attributable cost of bringing the asset to its working condition for its intended use.

b) Intangible Assets:

Intangible assets are carried at purchased cost as at the date of acquisition, as
applicable, less accumulated amortisation and accumulated impairment, if any.

c) Depreciation and Amortization:

Depreciation on Tangible Fixed Assets and Amortization on Intangible Assets are
provided on a pro-rata basis, from the date the assets have been installed and put to
use, on a written down value method based on the useful life of the asset and in the
manner specified under Schedule II to the Companies Act, 2013.

Profit or loss on disposal of tangible assets is recognized in the Statement of Profit &
Loss.

The residual value, useful life and method of depreciation of an asset are reviewed at
each financial year end and adjusted prospectively.

d) The Company does not own any Immovable Property.

e) The Company has not revalued any of its Property, Plant and Equipment and
Intangible Assets during the year.

f) The Company does not have any Capital Work in Progress as on the year ending 31st
March, 2026.

g) The Company did not have any Intangible asset under development as on 31st March,
2026.

1.3 Impairment of Assets

An asset is treated as impaired when the carrying cost of asset exceeds its
recoverable value. An impairment loss is charged to Profit & Loss account in the year
in which an asset is identified as impaired. The impairment loss recognized in the
prior accounting period is reversed if there has been change in estimate of
recoverable amount.

1.4 Revenue Recognition

Revenue from sale of goods and services is recognized on transfer of all significant
risks and rewards of ownership to the buyer. The amount recognized as sale is
exclusive of GST and is net of returns. Domestic Sales are accounted on dispatch of

products to customers. Revenue is recognized on nature of activity when
consideration can reasonably be measured and there exists reasonable certainty of
its recovery. Discount is recognized as the same becomes due. Interest income is
recognized on the time proportion basis. Capital gain/losses, both short term and
long term are recognized when the sale of the respective asset takes place. Revenue
received in advance for goods or services to be delivered/rendered in future periods
is recognized as Deferred Revenue under current or non-current liabilities, as
applicable. Revenue is recognized in the Statement of Profit and Loss when the
Company satisfies its performance obligations in accordance with applicable
accounting standards. Revenue is recognized when control over goods or services is
transferred to the customer and when it is probable that economic benefits will flow
to the Company. Revenue earned but not yet billed as at the reporting date is
recognized as Accrued Revenue.

1.5 Inventories

Stock in trade is carried at lower of Cost or Net Realizable value. The Company did
not carry any inventory as on 31st March, 2026.

1.6 Foreign Currency Transactions

Foreign Currency transactions are recorded on the basis of exchange rates prevailing
on the date of their Occurrence.

Foreign currency monetary assets and liabilities as on the balance sheet date are
revalued in the accounts on the basis of exchange rates prevailing at the close of the
year and exchange difference arising therefrom is charged / credited to the
statement of profit & loss.

1.7 Trade Receivables

Trade receivables are stated after writing off debts considered bad. Adequate
provision is made for debts considered doubtful.

1.8 Employee Benefits

Company’s contributions paid / payable during the year to Provident Fund, ESIC are
recognized in the Statement of Profit and Loss Account.

Short term employee benefits are recognized as an expense at the undiscounted
amount in the statement of Profit & Loss of the year in which the related service is
rendered. Such benefits include compensated absences such as paid annual leave,
performance incentives, etc.

Post-employment and other long term employee benefits are recognized as an expense
in the statement of Profit & Loss of the year in which the employees have rendered
service

1.9 Taxation

Income tax expenses comprise current tax, deferred tax charge or credit.

Provision for Current Income tax is made with reference to taxable income
computed for the accounting year, for which financial statements are prepared by
applying the tax rates as applicable.

Deferred tax asset/liability reflects the impact of current year timing differences
between taxable income and accounting income. Deferred tax liability/asset is
recognized using prevailing enacted or substantively enacted tax rates and is
reviewed as at each balance sheet date. Deferred Tax assets are recognized only to
the extent there is reasonable certainty that the assets can be realized in future,
however, when there is unabsorbed depreciation or carry forward loss under
taxation laws, deferred tax assets are recognized only if there is a virtual certainty of
realization of such assets.

Advance taxes and provision for current income taxes are presented in the balance
sheet after off-setting advance tax paid against the income tax provision arising in
the same tax jurisdiction and the Company intends to settle the assets and liabilities
on a net basis.

1.10 Indirect Taxes

The indirect taxes including GST are a part of Duties & Taxes under Current
Liabilities. There is no effect on the Profit of the Company except to the extent the
same have to be reversed as per the provisions of the Goods and Services Tax Act,
2017.

I SIGNIFICANT ACCOUNTING POLICIES

1.1 Basis of preparation of Financial Statements

(a) Basis of accounting

These standalone financial statements have
been prepared on a going concern basis. The
management is of the view that the assets and
liabilities have been recorded on the basis that
the Company will be able to realise its assets and
discharge its liabilities in the normal course of
business. The Financial Statements have been
prepared and presented under the historical cost
convention, on the accrual basis of accounting in
accordance with the accounting principles generally
accepted in India (''Indian GAAP'') to comply with
the Accounting Standards specified under Section
133 of the Companies Act, 2013, read with Rule 7
of the Companies (Accounts) Rules, 2014 and the
relevant provisions of the Companies Act, 2013. The
Accounting Policies adopted in the preparation of
the financial Statements are consistent with those
of the previous year.

(b) Use of estimates

The preparation of financial statement in conformity
with accounting principles generally accepted in
India requires the management to make judgments,
estimates and assumptions that affect the reported
amounts of revenue, expenses, assets and liabilities
and disclosure of contingent liabilities at the end of
the reporting period.

(c) Current/ Non-Current Classification

Any asset or liability is classified as current if it
satisfies any of the following conditions:

i. It is expected to be realized or settled or is intended
for sale or consumption in the company''s normal
operating cycle.

ii. It is expected to be realized or settled within twelve
months from the reporting date;

iii. In the case of an asset,

• It is held primarily for the purpose of being traded;
or

• It is cash or cash equivalent unless it is restricted
from being exchanged or used to settle a
liability for at least twelve months after the
reporting date

iv. In the case of a liability, the company does not
have an unconditional right to defer settlement of
the liability for at least twelve months from the
reporting date.

All other assets and liabilities are classified as non¬
current.

For the purpose of current/non-current
classification of assets and liabilities, the Company
has ascertained its normal operating cycle as
twelve months. This is based on the nature of the
business and the time between the acquisition
of assets or inventories for processing and their
realization in cash and cash equivalents.

1.2 Property, Plant & Equipment

(a) Tangible Fixed Assets:

Tangible fixed assets are carried at the cost of
acquisition or construction less accumulated
depreciation. The cost of fixed assets comprises of
its purchase price, including import duties and
other non- refundable taxes or levies and directly
attributable cost of bringing the asset to its working
condition for its intended use.

(b) Depreciation and Amortization:

Depreciation on tangible Fixed Assets is provided
on a pro-rata basis, from the date the assets have
been installed and put to use, on a written down
value method based on the useful life of the asset
and in the manner specified under Schedule II to
the Companies Act, 2013.

Profit or loss on disposal of tangible assets is
recognized in the Statement of Profit & Loss.

The residual value, useful life and method of
depreciation of an asset is reviewed at each financial
year end and adjusted prospectively.

(c) The company does not own any Immovable
Property.

(d) The company has not revalued any of its Property,
Plant and Equipment and Intangible Assets during
the year.

(e) The company does not have any Capital Work in
Progress as on the year ending 31^st March 2025.

(f) The company did not have any Intangible asset
under development as on 31^st March 2025.

1.3 Impairment of Assets

An asset is treated as impaired when the carrying
cost of asset exceeds its recoverable value. An
impairment loss is charged to Profit & Loss
account in the year in which an asset is identified
as impaired. The impairment loss recognized in the
prior accounting period is reversed if there has been
change in estimate of recoverable amount.

1.4 Revenue Recognition

Revenue from sale of goods and services is
recognized on transfer of all significant risks and
rewards of ownership to the buyer. The amount
recognized as sale is exclusive of GST and is net of
returns. Domestic Sales are accounted on dispatch
of products to customers. Revenue is recognized on
nature of activity when consideration can reasonably
be measured and there exists reasonable certainty
of its recovery. Discount is recognized as the same
becomes due. Interest income is recognized on the
time proportion basis. Capital gain/losses, both
short term and long term are recognized when the
sale of the respective asset takes place.

1.5 Inventories

Stock in trade is carried at lower of Cost or Net
Realizable value. The company did not carry any
inventory as on 31^st March 2025.

1.6 Foreign Currency Transactions

Foreign Currency transactions are recorded on the
basis of exchange rates prevailing on the date of
their Occurrence.

Foreign currency monetary assets and liabilities as on
the balance sheet date are revalued in the accounts
on the basis of exchange rates prevailing at the
close of the year and exchange difference arising
there from is charged / credited to the statement
of profit & loss.

1.7 Trade Receivables:

Trade receivables are stated after writing off debts
considered as bad. Adequate provision is made for
debts considered doubtful.

1.8 Employee Benefits

Company''s contributions paid / payable during the
year to Provident Fund, ESIC are recognized in the
Profit and Loss Account.

Short term employee benefits are recognized as
an expense at the undiscounted amount in the
statement of Profit & Loss of the year in which the
related service is rendered. Such benefits include
compensated absences such as paid annual leave
performance incentives, etc.

Post-employment and other long term employee
benefits are recognized as an expense in the
statement of

Profit & Loss of the year in which the employees
have rendered service.

1.9 Taxation

Income tax expenses comprise current tax, deferred
tax charge or credit.

Provision for Current Income tax is made with
reference to taxable income computed for the
accounting year, for which financial statements are
prepared by applying the tax rates as applicable.

Deferred tax asset/liability reflects the impact of
current year timing differences between taxable
income and accounting income. Deferred tax
liability/asset is recognized using prevailing enacted
or substantively enacted tax rates and are reviewed
as at each balance sheet date. Deferred Tax assets
are recognized only to the extent there is reasonable
certainty that the assets can be realized in future,

however, when there is unabsorbed depreciation
or carry forward loss under taxation laws, deferred
tax assets are recognized only if there is a virtual
certainty of realization of such assets.

Advance taxes and provision for current income
taxes are presented in the balance sheet after
off-setting advance tax paid against the income
tax provision arising in the same tax jurisdiction
and the company intends to settle the assets and
liabilities on a net basis.

1.10 Indirect Taxes

The indirect taxes including GST are a part of Duties
& Taxes under Current Liabilities. There is no effect
on the Profit of the company except to the extent
the same have to be reversed as per the provisions
of the Goods and Services Act, 2017.