Accounting Policies of Adarsh Plant Protect Ltd. Company

Mar 31, 2024

Note 1 : Significant Accounting Policies

A Own! tnAncmatwm

cstsennee n i»»i «mwi Ptam protect tte iAPPli a eeseo n oasien part O'' note n carpr ox merutacxnng 51 sprayer "crope teed ^rwtrf oturre

MS S'' Dpm srd ftp«i C •tc Cos* Stores abp. caters to i*qu>mw« of ApecuTut*

i l«H of or PImwIM tutamoli

Tot (mot occoortrvg pokim top wo n re preper-ioco y rase Farancai ustementi ere sa out Dam Them poac« na*a Mar conastansy aptw a KM teranoai years imtiiti ireu ofOanvtM stated 1 Ratal Note:* DUN setaus y Virara aooptor etarrptons a.a*3 by tot Gorrpecyi

I Statement of C nmyOienre

In accordance trim re nct/kiOcn oared «* Fson.a''y 2015 tsscdfl by tfe Mnrary o'' CcwOt Altars toe Company •« aocptac ra AS ~ot**a crder the Comcrares (vmr Actfbng Stendares: »u*i »1S wrr ea»ct Ftffh 1" Aprs. 20tS

Toe Snanoaone Fciennai Stetementy have bear prareraO w ecconjarce

• Bau* 01 preparation ana pt etemaoer.

Tot Fnenctet Diatononle Otva pear papered to nttonret tael ttui irtmen toe appacable praaaiera ef Carnpe*tee Art JO''S titp! toa teOftorag netena ne«*« mar na-a bate neetoreo at ter xu at raauree Sy mt>t“ re AS Nevetmeteeo. oaranca com a paoe>at> dmm m ma tea Itu ar toa tretaitir poor to eeerenge Par

JOall rt »rixtl

at Carta« Inane** ntttt ad ''to* ""eesvraJ at ter veue

Tot terta Statenf era srasereed In rater Rupee 1 m > Ptooouo yaar tprw tea otao ragrrapoo ana »octeoo4*ed w mitt meat corrpo’ibe

Toe *oe»siet eteftemertt of »te Company tar me yep steed 31m lAercrv 2324 are eumonsed ter ttewe *1 accordance mm e tetcrueor rt toe dPectora an Mm Uty 2024

IH4| Use o4 estimate an* Judgment

In ra appAcanen of itcano) pauci enter art described <0 note iCt eaMn toa -eraserra*! it rao-rtc is nau vosmeot etomsMe are tto-Mon about toe carrying amount at attatt aop sobrmot tor ana and mpa—eee tonyngira taoaoat ana ra actDtnrtftjoy Per toeurae ra* ara rat ttMty tppartnt loot amar tttrtM Toe eecmeiee ena et toe elee titiotytoit era baaaa on oatortcai eepanaoct ana ot''e teoora rat aia trattttte la Ve ''leave*! an* ara p-waerc ana taataoabta Atteat reertte may d^te. bem rota esttmaeae Toa aatmaeaa ana unoot54ng aaat^rpOane ara tmet an tngomg Vara Renerans Pc occourOng e tin ante are tacagnlsod P toa paroo at arisen toa esemstet rt tevtteo * ra raeteon iitecis on, mac cartoo ar m ra panoo at rattwon no ft/tura panooa 1 toa ''MW anacts bom tumam aeo tUioe poroo

Tot Par emtat esonatons are magrrenta nrada r apptpnp eccourtng potewa ara Vtoparty mar* and Iqmpment:

vttU Ida rt Prooattt Man) and Couomant are vnanobte *»**» t-t at apaolee n Scrtdva 119 toe Carpvtm Art 201J me an cadrn ntarget# ataeta Mead on tecmcat acMca arten cenetaarad toa neOra rtra Miff toa tjuga cTto* eater ere enOtparad tertinolagte* rOengee

intpaVmanl o4 Financial As cats:

Tot rrmpary Mpetfe antortti ettate moer then mote etaatinen et Pen ttaeja meyngn prrtlt or tntt ar net go e''en « ten yel,e mnogo nyoer ''nrrpranenelre Pr me on eiyttw I''M* >aeeee To# ttmtitr «r tattlet creed leee rcutM me eeomeoen or p-eoant) ef Oetertt 1PO1. eet par wfM iLOOi e-o ra e-peeme at aatei.11 1 CAOl CtaneOcr of Ftteiay rt aeftvit epan bam trifftOrng trero aoetyse rt peat Of otaoty ratee meteoe an tttPtePtn an tenearneeAng ntentatao reiaetp m not any toe cowtlerpaity but rteo ''anting to the todwevy ant toa economy ee a rmote Toe prooebtty rtoeteirt 1 etnoatM tet tot anrte tte rtthe contract by eerraanp the com tone met ere tfcery 10 M reervee r otter* tcecono Toe ibcnc PO o raacicao to 12 monyi pd beoeo on eo ¦laeewnent rt port nimory of detect cetac in 12 ftyiM F^rber Nowpir date.*: it ctKiteMd based on *r ettrrett or me rrtue or me teccrry racovarebte as on me raponng cate *''e mpoetn* « oatert is to* amxrt octKanOng *1 ma ealarca Mteet Oeea

Oatnad Sene01 Plans

Tte tort rtra oaPoed benall plan and other port-anmoptant Vartans ere me preaenl venue rt w* obtpatote ara catermoec using artuona tcAcm An ectuanat wettatmn avtouee mettnp • to. 1 eteeMyenot rat mey niter Pn longterm nat.ee a tteto#: baeaat ebspeion te MpOly taeartva to coengae in mete MWTCtoni AI eee^vpaont era ratteaed « ee> - rapertmg oeie

Faa VaAee Uetturotvent ot Fnameltl Inetnanenh:

Vrtan ra tte veiuet ut (nenctei aeeatt and (netKirt uhum raewdad m Uta bawxa etert cannot tie meowed baaed cm ou.-tac prlcea n bCUra manact mat tee reui to rtaatu-ee utrg vacason wenraqu** reaxtrg ma oocoumm capo fim iocfi maoai rna nwt to rasa moot* at* team «om ematveon mama* wnara yoeiete but wnara ma a -et teasea t sagrat rt (uogerrant a raqurae n tettsweg ter ttctt .uflgmerra tnctude constoetsaeos rt npua «xF a* tqvArtry nu tied* ns* ans vrtrtaty Ctenpe* m tittewt abgui met* •acton carte efiKt me rapateo ter veKa rt Pnartrai etsbvr.**ts

C Summery rt Vgntcint Accounting Pobclee Properly, PPera And Igapna

Far trantAlen to nd AS toe Cfpeny oea Macao to cerbnue aira ma canycnp .tut rt Property Pant ena Eaopove-t (PP« > recognaeo et rt t" Apr*. 201« Tenereon saw) meowed at per ra Prereue OAAP and wee then canyaig toAt et te ot fid sort rtba rat ntnPt aenelten data

Prapady pram one tqupmari ara etrtao « coat wtt accurruraad ttp''ttaio'' one Kitexaiec atpoemerc tseoas Cow nWM pet-ttt pne* iaba eodwcirg traoe oiecsunl > rabalei neoeeAmtMW Ortas and lues coat or raptepng ara rampsnant pans bottoatrg costs mo otter dvecOy atatirtaCPe cost te Sergny ma start to ihe Outer and r«nd*)on necessary ter t to be capable rt osaratng r tte tte-r-e'' rtexled by menaganant

Spare pan procured atong «ttr ire ^p*rr Arc Egupmart »r t.etackarti tevrg .a''.a of R« 0-SC Latfapmore npvtOutfy artier oreatt Ore racoentKn eretcta PPPE are eapMicad »*> t maod « ire carrying arrouvt P tccn cans T»» carry ng •mu''! of Orecre apare part* nan are repaired are dareeognjad crtren no future aconorrle Barreta are aopactad troai Par uh ar upon dapotre If Ore coat of tfre raplacad pan « ret s.aaaBa ore atwnatae coot of amiar iw pare n cared aa an notation cf ana! ore caret Pfreartatr''gpmt >« «Mc ra tan reareacmnrad

nr itorti of *P! a car.ty>aal or dapuare tn artren no futaia aconorec drerwfta are tapattad tore um vty ptok v u« rerreaij on mo owacjg''aten of an Ian of popart/ pare ana agupnam it aatamree at rre pnnarc# eataaan t*a nat erepotaf procaae* PM ore conyirg amount p ire attai ana re acapuao n staaanarr cf Pren are) Law

lalaagrefa Aaasta

mango* atarett acotnrad trepan** y are nreaaorad cn mat recognitor at coat «n» nuaf rrecogutDr ntanglttre reared are tantod M coat fata any reccurrutatres amortisation arc acomuatao atpamam oast*

Sokaare trot tang an magim part of rre rearac •a''Ontra acqoreo for rtmrrei urea are oaattc n rtrengp* aatart

nr mm at mtangtwa aaaac la Oareccgnnac or Oapoaal oc reran no future accoutre Caret* are sayretWd ffon a um a atpoaaf An/ poM J> an a- a I''j ton oarerognAcr sf IT margoa tttat ft OPaimntd at rre Kfftrenca bafreaar ra naf dnpotai prexaredi and ore carry ng i-ccrt p Ore statt ana are foeogrutac «i Ore StaOtnrert p P-crt* and .Ota

tnpalrmaP P Ungtbta ana Intanglbre lum oatrer Oren gooewd

nt Ore acre p aach itpcirttig arertod Ore Campary retreat Ore tarrying arrdurat it A n>£ ana ottai retargets ataata to Oataimna refreot* rare la any inaction Orel Oreaa aatatt rava Kftaree an irpuman: isaa r any u.e» nsepy aamt ore racwreracaa amount P ore attat * atsmatao m ere*/ is oatarrant ore seam p pa atpamnanc lota nr any; V.trere * w np posuDre to tttmata Ore rtcoresraPt arorl p in retired Up itaat Ore Company ttonanat Ore ractvaratta anWirt p Ore caa''-ganaratng an* fCOU l to «rtpi ore attat Datong* Vrtian ore carryttg amount P ar attat ty CQU axcaodt at ttcorereore amecatt rre attat a c vuearao arparao and a unman down to to raeovrerdua aareurt Tire ''ttutorg nyrerrrrenltoat lareeagrreai more Sctttrwrl P Prato and Loire

flacovreiaets mount a are Ngnar ef fair valua taaa coala It aafl and varem Ir usa re saawaarg valua m ua* Ore realmalrea Mura caan floret at drecamtad to Oren prreaaP valua uareg a pa-re* laacocnt rata rat ref act* currant nrarvst aaaaaanona of tr« tore iaw p men*/ and tna naaa tpoctlc to Ore aaaac In aanarmrmf tar ualua reta coat to aatl recant itrertrei taraactora me taMr no acctum Ifno auci trantactbnt cai Da Dantftac an app^grtaM laicaton raoOat a uto3

Vnrere an mpPrmant area tUMaoutrty rtretat Ore earning anourt P Ore a rant p COU a kcreaead la Ore redtao atrenare P at recovaratto tmaurc D.t aa rot Ore mcraaaao carrrrg amount ooat np atcaao rre (arryng mount rret would nata :«• oaeamrrea *ree no ntoamren reta drear recoqnaac tor ore attat or COU at pnp ytrert nrevareaiefaa mpamrent reta it tacoyttad « ore Strewmani P Ptok a*re treat

T/re frarea t aiamam p Gcrrrrer, mm pretantad n ion reften a mo Ore Motion* ctrrercy. Ir praaamg ore frare a ratamrere* uantacvpa n cprancret sorer oren ¦re an»fy» i*rvr« cutranry tra raraputad at ore rataa p attnanpa pravaaatg at Ore itaraa at Ore trantaellent na ore and P aaen rtywtrg partaa morrelary ram* danemratad r May ccrranciaa ara nralarad at Ore ralaa prewaaurg at oat data Son ncretay am daroarenatat aa torwgr ctarancy ara lapertad at Ore w''anji rata nfttg on ore aaw p trerreacten

Eactrerga p»a-an;aa p monalary lama ara racegrmad m ore S!*a»rert p *fo* nod .oaa m ore pared w arapn orey art#

tta malanatt. tamp an area Matt and ream ara ratuaa at reuar p coat arre nat niitrai «atua I rearerar nr atari an and aorer Mm Iretd tor uare m Ore pradutaar p torattorat pa na araar acute oatore cost f ra npttirea praount Ot atacn trey ml oa aKotpwitae ara aapacred tc da ten at a ooora civ. Cam P raw rearttn cympprertt ard tlpraa and threat« datannrred on a hot r toil tut ;F*O)nreto0d

Ofon-anprogrett and flnttrea ywn art itust at Kmai p coa era rat atayatta valua Coat Utmost Oaact wansrars am irecur red a praporom p rrerutaccxawg cwreoaaat oattd on noma oppatng: a parr,

Coodt I''Ctdt matartare outatmre tmet loorermp 7>ota tcDaaquamy -aco.sratire Vom ta* ac/ronoaai ladourcoit pvdottrer retmto tvaoreaoa meunad m Grtngng ore Owaatpat to ores patari lecator arc ccndbor

Am remzadta vatua it tna a v marred taung pnea m ore wdatary coma p Duanaat rett aanmatao c erect Pc on piston ana atorretad team nacaiamy to mat a ore tare

Tha mnrl of any irladcwn P araartonaa to Skv ard at atrmnrel kitast P miartotoa aia lacogrtcref aa anparare n ore Stretamanl p licit And .urn Mi Ore psiKxt In reno taeti weto-doren cr tow c«irt tire aroert p any rerartai p ore rnitareoan ct cvanlsvret anarg own neraaaa m ore NHV a recDgnuaa at t tadutoc* own ore rwt P irvrdorret lacopnait at p aooanaa r ore pared m after ravattal ocean

Fa* >*>-* » m# ski Ml noud M nunM ewr hm or mis to tranaMr a taferry m ar era**) aranaacnen Demean -e-tat panccent* at tb* itaatcramant Sana rtgaatw at >nim mar |y«* a Awfy (Mavaaa or aadnakad uawg awaw axw mmaa a tMnamg ma t*< •aka 3* an ***** or a taeat) ma Company t*«a* rag autiA ma foratiaraac* aa nut ara feet) a naftai nmaina mm ia*a row Ma itoaaawm ra> >«U fo> naaeuemant a*4 i or detoaura ptppaaaa m rata rMK« 9uww« a aaMr-xrax a m* Mao amp Hr iwaanaaa «i ma atop* a# MW! rT and M Norneky a( mm magona'' ma tranaacusn pne* ta m* boat artoenc* of M>

to* tan tawa Baa! irtaraat

A tan value rreeaiMmani at a norvbreneei aaaat taMa Me account a manat penorpani a aeaffy u> ynaw acenemc eanam* b> uamg ma aaaal n m tugboat ans beat *aa er ay ofng a te aromer manat paracpant mat aous uaa ma aaaatat

Tb* Company uaa* vaMaaon wmtun meaa ara apprapnaa* m ma dreuttaiancei ana tor xiMcb aoUcar! oata aa aualaei* to maaau-a tan vaAa ttaameno ma uaa of raMvant eeaervabM mpt/H and nnmmg ma uaa of j>oMn.an input*

Al bran: at inn ana ananclm lM*»ea tor amen Mr valve i mewurad or aactoaad n m* FlnancM Slanamana ara engorged a ¦man ma Mr rabi Nmartby deacrMad attoaewa bea#donm*iowetti*u*iinputmale*gr*bc*nfiath»Mrvaiu*i*eetmm*ntetaainoie Lai* I — fiutiM iiraMMai maniac pntat ai acme Market* Mr denote aaaat* w aaoaaiai

L*»a 2 — vacate* tachnew** Mr rvixeb ma aaaat ma nput mat la igoMar to m* Can varu* iteami-anara a mracSy ar manaety obM-vaeta b*»e 1 — Vekietor tacnr»p*aa far wPteh m* mm! mm nput mac a tgoMaX te ma Can vacua maaaurarerx a vnceaarvaeCa

Plnanalal aaaata ana (nano* Ntataa mat ma tetopricad at Mr vatua an a retiming baaM ma Company oetanrmee wt-etret ta-etar* iiav* eccunaa tetaayr «.*i ar ma ruarareny by ra-a aaa c ang cittgoocnao at ma ana at aacn tapering penod

Financial Inatrumants

A nrancMi manunart a any rootraci mat gnaa naa tea brant at mr at ana enwy ana a ananoai Moot; or aguty naebmant or anotnar anaty Tna Company racegnoaa* Kr^ncMi m>* n n oowxs shoot orly <^or tho ontty oocomoo psrty to 9^ ctrtroCus p^mori e# th# ihOWvmort

A tnenev* aaaat imar aka irekntet any mn mar a inr er contractual obagalrsn tn racatva fan or arum** tnanriat aaam rv to aaetiano* Vxrra aaaar or tnanrla aaaaty una*f coneeen mar ara cora*^r*any Cavainabia ta ma Company

Financial Ptaata of ma Compary comer** trad* racarrasta cam ana cam agtivtAanM Bar* Batmen* cm*- r,**yn*nt» lean* ta amptoyaaa otfer* ana aacbtlti oapoaiti

Ma*< racognttlan and maaaurement

Aa Vane el **«**« arraesl *aaa racarvabi* ara racegnrae rnuaPy at Mr vatu* eXu* m in* caw of brant al a*cat* net raeeraad at tar mn mreugp pro* or lea* nanaacben ceata mat a-* acrMvtaeka la re aeguaraon *r m* brarc-ai aaaar T»en**e*on coxa* o* bnanciai aaaata camaa at Ian van* tnravgn eredt or loa* a-a ebargad r> m* St*»~*nt ar PreM And uoa* .Vera tranaactan pne* • net ar* "Mlv* of Mr >au* one Mr ikbi t* oaaamvnaa uang a .eAeteo named mat .»•» eel* tram oCran''rat** maniac me laftaratKa Dame an trareacaon pne* ana Mtr »ama la raccgnxsa tn me Sunanere at Pra*l Are Lee* ano r otter caae* t*r**a era Ma ar me bnencial •nawnarc uamg aiMctrr* inaatait

Tna Company *mum ma ¥*da rararvetxe* at mMr tranuytten prtra d me Vaea racarvann* de net cor Ian a agrxbranl tnanring renpereni

Far pirpoae* of aiieaaeuml m*aa*r*mant ananctai aaaat* ar* ciaaaifee m mra* caeagenea r nance I aaaat* maeaurae at amereeae coat rmenp«i aaaat* at tar «*a* sueugn oa FnenbMi mri at M .pm mrougn pt*l ar baa

FMen*!al aaaaa* miinrtt at amortlaad aaaa

Fmanciai aaaata ar* maaaureO *r a»*onaae coat F m* Manat aaaat e beta rrtnn a botnet* model ano** oMtcbr* • to n«M bnencel aaa tea n oroar to ce*ect contractual earn boa* am m* contractiei tarma of tn* rv-encei attat gve naa er arecifeo nanat ta caan boet me) a-a aoM<> paymaMt at pnrope ana Mareal on m* prVxipe aaout aixurdrg Tna*# tnanciaie mr* ara amernaaa bang ma ikau.i ntaraal rata fatTi earned eta rrajanienl A“orits*d coal la calculated by learg Mo accetnc any eaceurx or pranxum on aceutaeer and Ma* or coat* mot ar* an Magral perl ot me OM The tM ameraeaeon a rrcluOad r fnanca rcetre r m* bMtemant at Pratt Ana Lea* Tn* wnaea erlang tan anpeinreni ar* vccgnMC n me SlatarreM at Prate And Lot*

Financial aaaats at tae vate* ttvougp OCII FVTOCI

Ftnancial aaaat* are maeauree at M* me Vnugm ate tunpienanttve mcone it me bneniiai a*am • hale eerxn a Duameae modal xtiua* utyacUv* e auerveu by bom ceaacDng conypciLai caan newt ano aarang rmenciai nan and me core actual larm* ot me bnanuai a***! g>r* naa on apecnea 3*!*a to caan nee* mat are tear, paytrerb* et pmcpal and rlaratt on m* pmcpal ameurR outatenang kfl .ratal nacogfXbon an vravocabl* aeceor I* mad* ion an matnanartPvtnalrume^,« ba**i to oaaignana I*r<a*anarl» n aoxdy naObnent* omar man nett tor traong purpoae M FVTOCI Far vatu* changae ar* racognuad r m* ornar comprananalva re one rOCf > Hcmauar tn* Company racogrma rx*r#*l ncama mceirearr ie«*a« and mnm end Magn arc hang# gam ar AM M ma Stnaan et Predr Ana Lea* On **f*co|re*r *f m* tnancial aaaat amar man a*j|) matnmart* aaignaraad at P/TOO cvmvtaora gam ar laa* pravtavaly racagnaad m OCI a racaaetiad ta m* etataatantaf Meat And Lee*

FMianriat a*«*M at fa* vatu* tnugfi prnltt or let* I''FVTPL''I

Any tnancial aaaat mat do** not meat m* creana Mr c etarfoaten at at arroftme coal or a* bnancai aaaal at M* vaua mrougn amar ccrrpnixrve neon* a ciaaaAad a* tnanciti auata at M* out mrougn prof* ar oat Fgrmer. bnantei uin at la* vak-a tnrobgn pram, or cat aao metud* tnarcia turn rata tor maorng and tnanoidi aaaata a**g er ramnthaamg m m* near Mrm Financial mmv at Mr vetva mrougn pra*t *r leak ara ta* rxnrad at each raeortmg aat* nrm at ma changat racegnead m ma tlaMrrxrt of Pratt Ana Loot

Th# conpary daracognaa* a tnancia nut anty aman m* conraotra ngeet to ma caan floe* mem ma aaaat aiprra er wpan t tranttara tn* bnanciai aaaat and aubacaready at me r*A» and r*es>da of ownarafip of me aaaar » anotnar aeoty if m* Company reaper manattn nor rataata aubaianbaty ad tn* nak* one taearda of eenaranrp and (trxauat to conrer m* tnancel aaaar me Company raregnaa* da raaamad imaraat m tn* aaaat are a* ataec.akad aabaay tar amount* * may Ham n pay

Impair—>• rrt of financial aiMti

^Tne Company ataui mpasmonl eased en e-pectec credt cm > ICl''i meM o- the Www) frarca Mi*ti met era neaeired at a-wtaad coat ana Pawsrid man

ECL W msaauree mtpegh • lew eoovsance en • Meowing baa* -

Tha f 2 to*i especeed ca« loaaaa |espoc-od croon loaaaa that rats* asm mote oefaj* aiam on Ka tnanciaf watnmanta (hat an ponOa wtmsn 12 norma arm ina tapering daaa;<

M Ma ame aspersed :re<* ruses lecpeceto ere* Osset met taauf Dam as posse-e oeftiAt everts o«a» me -fa o» men: mi wtarusstotti

The Company fespaa wpaw approach fgr racograOpn of mpermant an roa -ecer-edas or contract assets tastorfl Vom opr—at busrasa transactors Tha apeftcaoen or serge Sea approach ooaa net rogue* the company to ttacs cnangw m craoa tna tsoMOstc K tocognsaw aspwmpra tow papManes eased an iresere secs at aach tegerv-j oast tarn tha aata of roa tacogr toon

rpr tpcogrtacr- of nspamcore tew on otra- fnandas assets n Company aosarmevia share ran -aa Dean a apsatanl ncraaaa at ma craoc nas ernes naa -ecogr oer * ciaot rtas has ncraasaa asgnflearoy lama eCL IS ptpesaea not assessing tnoiaaw at tract naa ate satpsamem ess me company assesses Ota ersoat nsa cnaractansoes on tntlriansnl-Py-mairwnpni oasis

ICC a Pip oMtrenc# basappn aa cenPaOuat cash Soars that ate sue » me Company at atooantt wfr ms cons pci ana a* me cash toe* mat tna enoty aipectt ip sc ama (t a as cash womfsas i swcoumsc at ms ongmsr tin

snpasmani lew steasnea fat ‘Sana tocognaao Sumj ma period la faeognuad w aapanaarmcoarp ai ma Staaamant of Ptplt Ana Lew t» Pmanual Liabilities

Tna company a fmontai aacsaow nouaa para ana Mmeamgs nciujrg Dam oeamft saaa payable accrued aspansw ana omaf peytesta an Initial recognition and maastmafsianl

As Snare a fatnn al rasa fStOfroer ara tla»SM w fsa-cai sattaat el a-arttaa cast o> SnancMf satirsot at far .a*-a through pradl or ipsa w apprspnaea At ftrancmi aaoaoaa claaaPaa at amoruao coot ata tocognsaw avuaoy at Saa >aua sal o'' ouotiy anntuiacsa vanaatoon toss Any offaianca Dampen ma ptocaoat |na> of transactor costs i and ma tarn -aua at rata rtcognbon » rocogtswd at ms Simmsm of PneAt Ano Leas or r ma CIMP r anemtr nanoarg ppm''s ncluson of such cost m ma caryrtg atwt of an asset oapr ma panoo of mo Donowmgo uamg tha E«scbro mearast ram i EW I **hM

ina auDteoutnt -*as->s~M~ of snanciat aaosow aapanet upon ma eiwtacason at oasenoao eaiea -Pmanesal Liatnlitles clwalllaa as Aenormod Coat

Financial uaMow mat art rot rata tw Ttorg and ara not ooasonatta w sr FVTPt art naasersa at arronsaa coat al ma ana ef suosaeuant accosnonc paneas Amortwo coar is cacutstae by taking mo accotrf any oMcosmt or pramnsa on scoutansn ana Isas or costs mat ara an magnf pan ef me F« Wsati aspanta mar M no captation as part of coats creators >t mcuoee at Fnpnca teats in me S1ata-art of P-oSt Ann lew

Pinancstl Liabilities ciasstfiad w Pa* vita through profit Ana Mas (FVTFL)

rmancoi iso—as cassava as rvTFL mcuoss Snancitf laeasat nsse hr vemng one Sntncitf Wat apsgnaesd upon ma rscegvsPen as rvTOL rintncitf laeasst Ste c a Sanaa as had Sat sating if may art re.versa Mr ma puvpaw <* tapsrchsspig m ma ntat Mmt rnatoa loftsi oeagntwe open mtai racogrvsan a Pvm. onty * tha crians r na AS 10b it sc'' sta:

A (ntncdf laoscy a Ottacog*ssad vvnar ms ocageson ondtr ma laBSTy a Mcnatgeo cancasan ¹ sspmtd Whan on eaarrg bfsanc* iobs*v a ropMcod by another bow the same lanasr on iJMtsnaty atlarsnt arms or ma arms ef an among MMt) ata StPtcameSy moerSae such an a«:nanga or iroaWeafMn a mastas at ma as tacognibon of ma ongnsf SabSpy ana ma tecognmon of a tmv i asaiy The oa»t«e«ce n tna nstpectut tanyvng anpsnfs a «acegn»ian m ma Slsra-s— oT o-ott 1UO low

Odsasimg of financial monuments

P mew Ml assets ane Anawiaf Sshlss ara efWat and tha net ameup a rapavlad m the badvi sheet * (hate a a nsnaady aw>oiraaMs tsgsl hghl In aftsat ma •errvjnaan anosnis a-o mate a an msentpn to same on e net be»e to reassa ma assess ane saoit tna laeaaas sav-vdanaous/y

Share capital

Oranery anprw at* camhao at aqutty

Tha Ca«rp*h) racagnaw a twty te nM tear maupuuani to apoOy «a»aati whan ma a sad Ai- a mnum ann ma 0 mini'' a na itngar as ma oattoboo at ma Company Aa par ma co^arata tans m mats a MiSutet a asAhewan «aan * « apprpwo by ma thtrthsMtrt A tanaapenmag amsum .a ipcagmaan dree a; m emav aortty along arm any Ms tnsrpon

Looses

Tha oasarTvardijcn of anamar an anarpament a iot content a lease a bases on ma aUMiance ef ma arrangsman! m Pa rcapton ef ma Mata Tha ¦nanoamans a lor cenusnai a lease f LlSsvp-l ef ma anangassanr a aapannanl an ma use or a specs* sit* nr assent ano the snsnymsw conveys a ngniM cwma asset cr as sens auan if mat ognt a net eeptsa, speUSee n a» snangement

pman''s Masse mat Iranelar eirsaranSady SO me isste and bans** modantai In oamarahm of ma eased ram |l a O0P> ara garsaaiy rapKaaran al tha mntpMm nT tha Mata al the tar .Okie of me Mated prapady cr. t leaser at tha preeent issue at mvasnsn ''ease ps_f-e''ts Lease payments sre appotlsened Batmeah Vience c-siyst and a toducaor r seaae Isaaty so as is ochlasp a constant -ala of nta-ast en ma an—ring peSanca 0* ma kawaty Pmanca charges are tacogncaO n tnarca costs is mp vat ament ef Pro* an low

vetoes m after a agtwcam portion cr me n»»s ane tetei «r oaroisnsp are not nnUrso lo ma Cnnpany w pstee ara CMsartoe aa operaorg Mesas Ppymarti e-apa unoot spa''tfjng esses art cnaigpe to ma Stmmant ef FraK And Low ovar ma ponod of east on stragth Ina Oans smar man ffiew cases atwrp ma wcalaOent art Mad Id topee tad pen era nfpton m wtach caw may ptp chorgae on contractual tpnra

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Mar 31, 2015

(1) BASIS FOR PREPARATION OF ACCOUNTS

(i) The Company generally follows the mercantile system of accounting and recognizes significant items of income and expenditure on an accrual basis except in case of Accumulated leaves which are accounted on payment basis.

(ii) The Financial Statements have been prepared under the historical cost convention, in accordance with the generally accepted accounting principles and provisions of the Companies Act, 2013 as adopted consistently by the Company.

(iii) The Financial Statements comply with the Accounting Standards issued by the Institute of Chartered Accountants of India as referred to Sec 133 of the Companies Act, 2013, of India except AS -15 "Employee's Benefits".

The accounting policies adopted in the preparation of financial statements are consistent with those of previous year.

(2) ASSETS AND DEPRECIATIONS :

TANGIBLE ASSETS

(i) The Gross Block of Fixed Assets is shown at the cost of acquisition which includes Taxes, Duties and other identifiable direct expenses.

(ii) Depreciation has been provided on Straight Line Method based on life assigned to each asset in accordance with Schedule II of the Companies Act, 2013. Residual Value has been assigned to each asset in accordance with Schedule II of the Companies Act, 2013.

(iii) Depreciation on additions to fixed assets is being provided on pro- rata basis from the next month of acquisition and on assets sold, discarded, demolished or scrapped, the same is being provided up to the month in which the said asset is sold, discarded, demolished or scrapped.(iv) The balance amount brought forward as Written Down Value of Fixed assets whose remaining useful life as on 31st March, 2014 is Nil, is transferred to Retained Earnings after setting aside the residual value for those Fixed Assets.

(3) INVESTMENT :

(i) Unquoted Investments are valued at cost of acquisition.

(ii) Provision for dimunition in value of long term investment is made only if such a decline is other than temporary.

( 4 ) INVENTORIES :

(i) Raw Materials, Packing Materials are valued at Landed Cost.

(ii) Stores, Spares and consumable are valued at Landed Cost.

(iii) Finished Products and Work in progress are valued on the principle of direct cost or estimated net realisable value whichever is lower.

(iv) Scrap generated on manufacturing of barrel are valued at realizable value.

(5) USE OF ESTIMATES :

The preparation of Financial Statements require estimates and assumption to be made that affect the reported amount of assets and liabilities on the date of Financial Statements and the reported amount of revenues and expenses during the reported period. Difference between the actual results and estimates are recognized in the period in which the results are known/materialized.

(6) REVENUE RECOGNITION :

(i) Sales are recognized when goods are supplied and are recorded net of trade discounts and rebates.

(ii) Interest income on investments is booked on a time proportionate basis taking into account the amounts invested and the rate of interest.

(iii) Dividend income is recognised when the right to receive dividend is established.

(7) RETIREMENT BENEFITS :

(i) Contributions to Provident Fund & Family Pension Scheme are accounted on accrual basis and charged to Profit and Loss Account for the year. (ii) The Company has adopted a policy to make payment of accumulated leaves at the time of termination of its employees. Hence, no provision on account of leave encashment is made in the books of accounts.

(iii) The Company accounts for Gratuity on the basis of Management estimates.

(8) TREATMENT OF CONTINGENT LIABILITIES :

Contingent Liabilities are determined on the basis of available information and disclosed by way of Accounts.

ACCOUNTING FOR TAXES ON INCOME :

(9) Current tax is determined as the amount of tax payable in respect of taxable income for the year.

Deferred tax is recognized, on timing difference, being the difference between taxable incomes and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

Where there is unabsorbed depreciation or carry forward losses, deferred tax assets are recognized if there is virtual certainty that sufficient future taxable income will be availbale against which such assets can be realized. Other deferred tax assets are recognized only to the extent there is reasonable certainty of realization in future. Such assets are reviewed at each Balance sheet date to reassess realization.

Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted on the balance sheet date.

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Mar 31, 2013

(1.1) BASIS FOR PREPARATION OF ACCOUNTS

Financial statement are prepared under the historical cost convention and on accrual basis, in accordance with generally accepted accounting principles and applicable accounting standards referred to in Section 211 (3C) and Provisions of the Companies Act,1956. The accounting policies adopted in the preparation of financial statements are consistent with those of previous year.

(1.2) ASSETS AND DEPRECIATIONS :

TANGIBLE ASSETS

(i) The. Gross Block of Fixed Assets is shown at the cost of acquisition, which includes Taxes, Duties and other identifiable direct expenses.

(ii) The Company provides depreciation on all its fixed assets on Straight Line Method in accordance with the provisions of Sec. 205(2) (b) of the Companies Act, 1956 in the manner and at the rates specified in Schedule XIV of the Companies Act, 1956. (iii) Depreciation on additions to fixed assets is being provided on pro- rata basis from the next month of acquisition and on assets sold, discarded, demolished or scrapped, the same is being provided up to the month in which the said asset is sold, discarded, demolished or scrapped.

(1.3) INVESTMENT:

Unquoted Investments are valued at cost of acquisition. Provision for diminution in value of long term investment is made only if such a decline is other than temporary.

(1.4) INVENTORIES :

(i) Raw Materials, Packing Materials are valued at Landed Cost.

(ii) Stores, Spares and consumable are valued at Landed Cost.

(iii) Finished Products and Work in progress are valued on the principle of direct cost or estimated net realisable value whichever is lower.

(iv) Scrap generated on manufacturing of barrel are valued at realizable value.

(1.5) USE OF ESTIMATES :

The preparation of Financial Statements require estimates and assumption to be made that affect the reported amount of assets and liabilities on the date of Financial Statements and the reported amount of revenues and expenses during the reported period. Difference between the actual results and estimates are recognized in the period in which the results are known/ materialized.

(1.6) REVENUE RECOGNITION:

(i) Sales are recognized when goods are supplied and are recorded net of trade discounts and rebates.

(ii) Interest income on investments is booked on a time proportionate basis taking into account the amounts invested and the rate of interest.

(iii) Dividend income is recognised when the right to receive dividend is established.

(1.7) RETIREMENT BENEFITS :

(i) Contributions to Provident Fund & Family Pension Scheme are accounted on accrual basis and charged to Profit and Loss Account for the year. (ii) In order to avoid accumulation of leave, the Company has adopted a policy of permitting its employees to avail their leave due in a year in a planned and phased manner. Hence, no liability on account of leave encashment is provided in the books of accounts. (iii) The Company has made provision for gratuity as per Payment of Gratuity Act, 1972.

(1.8) TREATMENT OF CONTINGENT LIABILITIES :

Contingent Liabilities are determined on the basis of available information and disclosed by way of Accounts.

(1.9) ACCOUNTING FOR TAXES ON INCOME :

Current tax is determined as the amount of tax payable in respect of taxable income for the year.

Deferred tax is recognized, on timing difference, being the difference between taxable incomes and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

Where there is unabsorbed depreciation or carry forward losses, deferred tax assets are recognized if there is virtual certainty that sufficient future taxable income will be available against which such assets can be realized. Other deferred tax assets are recognized only to the extent there is reasonable certainty of realization in future. Such assets are reviewed at each Balance Sheet date to reassess realization.

Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted on the Balance Sheet date.

(i) In view of the loss during the year as well as carried forward losses no provision for taxation is made.

(ii) In absence of Deferred Tax Liability no provision for the same is required to be made. The Company has also not recognized the Deferred Tax Assets as carried forward losses are significant and shall recognize the Deferred Tax Assets in succeeding years when there is certainty to have sufficient taxable income.

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Mar 31, 2012

(1.1) BASIS FOR PREPARATION OF ACCOUNTS

Financial statement are prepared under the historical cost convention and on accrual basis in accordance with generally accepted accounting principles and applicable accounting standards referred to in Section 211 (3C) and Provisions of the Companies Act, 1956.

The accounting policies adopted in the preparation of financial statements are consistent with those of previous year.

(1.2) TANGIBLE ASSETS AND DEPRECIATIONS :

(i) The Gross Block of Fixed Assets is shown at the cost of acquisition, which includes Taxes, Duties and other identifiable direct expenses.

(ii) The Company provides depreciation on all its fixed assets on Straight Line Method in accordance with the provisions of Sec. 205(2) (b) of the Companies Act, 1956 in the manner and at the rates specified in Schedule XIV of the Companies Act, 1956.

(iii) Depreciation on additions to fixed assets is being provided on pro- rata basis from the next month of acquisition and on assets sold, discarded, demolished or scrapped, the same is being provided up to the month in which the said asset is sold, discarded, demolished or scrapped.

(1.3) INVESTMENT :

Unquoted Investments are valued at cost of acquisition. Provision for diminution in value of long term investment is made only if such a decline is other than temporary.

(1.4) INVENTORIES :

(i) Raw Materials, Packing Materials are valued at Landed Cost.

(ii) Stores, Spares and consumable are valued at Landed Cost.

(ii) Finished Products and Work in progress are valued on the principle of direct cost or market value whichever is lower.

(1.5) USE OF ESTIMATES :

The preparation of Financial Statements require estimates and assumption to be made that affect the reported amount of assets and liabilities on the date of Financial Statements and the reported amount of revenues and expenses during the reported period. Difference between the actual results and estimates are recognized in the period which the results are known/materialized.

(1.6) REVENUE RECOGNITION :

(i) Insurance, dividend, refunds and other claims are accounted on cash basis in the year ofreceipt.

(ii) Sales are recognized when goods are supplied and are recorded net of trade discounts and rebates.

(iii) Interest income on investments is booked on a timed proportionate basis taking into account the amounts invested and the rate of interest.

(1.7) RETIREMENT BENEFITS :

(i) Contributions to Provident Fund & Family Pension Scheme are accounted on accrual basis and charged to Profit and Loss Account for the year.

(ii) The Company has adopted a policy of permitting its employees to avail their leave due in a year in a planned and phased manner so as to avoid accumulation of leave therefore, liability on account of leave encashment is not provided for the year as the employees are eligible for leave salary of the year in the year of termination or retirement.

(iii) The Company has provided on an actuarial basis during the year liability in respect of Gratuity payable to employees and the same is charged to the Profit & Loss Account.

(1.8) RESEARCH AND DEVELOPMENT :

Revenue expenditure pertaining to Research and Development is charged to revenue under the respective heads of account in the year in which it is incurred. Capital expenditure, if any, on Research and Development is shown as an addition to fixed assets.

(1.9) TREATMENT OF CONTINGENT LIABILITIES :

Contingent Liabilities are determined on the basis of available information and disclosed by way of to the Accounts.

(1.10) ACCOUNTING FOR TAXES ON INCOME :

Current tax is determined as the amount of tax payable in respect of texable income for the year.

Deferred tax is recognized, on timimng difference, being the difference between taxable incomes and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

Where there is unabsorbed depreciation or carry forward losses, deferred tax assets are recognized if there is virtual certainty that sufficient future taxable income will be availbale against which such assets can be realized. Other deferred tax assets are recognized only to the extent there is reasonable certainty of realization in future. Such assets are reviewed at each Balance sheet date to reassess realization.

Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

(i) In view of the loss during the year as well as carried forward losses no provision for taxation is made.

(ii) In absence of Deferred Tax Liability no provision for the same is required to be made. The Company has not also recognized the Deferred Tax Assets as carried forward losses are significant and shall recognized the Deferred Tax Assets in succeeding years when there is certainty to have sufficient taxable income.

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Mar 31, 2011

1. System of Accounting:

(i) The Company generally follows the mercantile system of accounting and recognizes significant items of income and expenditure on an accrual basis.

(ii) The Financial Statements have been prepared under the historical cost convention, in accordance with the generally accepted accounting principles and provisions of the Companies Act, 1956 as adopted consistently by the Company.

2. Use of Estimates

The preparation of Financial Statements require estimates and assumption to be made that affect the reported amount of assets and liabilities on the date of Financial Statements and the reported amount of revenues and expenses during the reported period. Difference between the actual results and estimates are recognized in the period which the results are known/materialized.

3. Fixed Assets and Depreciation:

(i) The Gross Block of Fixed Assets is shown at the cost of acquisition, which includes Taxes, Duties and other identifiable direct expenses.

(ii) The Company provides depreciation on all its fixed assets on Straight Line Method in accordance with the provisions of Sec. 205(2) (b) of the Companies Act, 1956 in the manner and at the rates specified in Schedule XIV of the Companies Act, 1956.

(iii) Depreciation on additions to fixed assets is being provided on pro- rata basis from the next month of acquisition and on assets sold, discarded, demolished or scrapped, the same is being provided up to the month in which the said asset is sold, discarded, demolished or scrapped.

4. Investments:

Unquoted Investments are valued at cost of acquisition. Provision for diminution in value of long term investment is made only if such a decline is other than temporary.

5. Inventories:

(i) Finished Goods and Work-in-progress are valued on the principle of direct cost or market value whichever is lower.

(ii) Raw and Packing Materials are valued at Landed Cost.

(iii) Stores, spares and consumables are valued at landed cost.

6. Sales and Income Recognition:

(i) Sales are recognized when goods are supplied and are recorded net of trade discounts and rebates.

(ii) Insurance, dividend, refunds and other claims are accounted on cash basis in the year of receipt.

(iii) Interest income on investments is booked on a timed proportionate basis taking into account the amounts invested and the rate of interest.

7. Employees Retirement Benefits:

(i) Contributions to Provident Fund & Family Pension Scheme are accounted on accrual basis and charged to Profit and Loss Account for the year.

(ii) The Company has adopted a policy of permitting its employees to avail their leave due in a year in a planned and phased manner so as to avoid accumulation of leave therefore, liability on account of leave encashment is not provided for the year as the employees are eligible for leave salary of the year in the year of termination or retirement.

(iii) The Company has provided on an actuarial basis during the year liability in respect of Gratuity payable to employees and the same is charged to the Profit & Loss Account.

8. Research and Development:

Revenue expenditure pertaining to Research and Development is charged to revenue under the respective heads of account in the year in which it is incurred. Capital expenditure, if any, on Research and Development is shown as an addition to fixed assets.

9. Provision for Taxation:

(i) In view of the loss during the year as well as carried forward losses no provision for taxation is made.

(ii) In absence of Deferred Tax Liability no provision for the same is required to be made. The Company has not also recognized the Deferred Tax Assets as carried forward losses are significant and shall recognize the Deferred Tax Assets in succeeding years when there is certainty to have sufficient taxable income.

10. Treatment of Contingent Liabilities:

Contingent Liabilities are determined on the basis of available information and disclosed by way of to the Accounts.

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Mar 31, 2010

1. System of Accounting:

(i) The Financial Statements have been prepared under the historical cost convention, in accordance with the generally accepted accounting principles and provisions of the Companies Act, 1956 as adopted consistently by the Company.

(ii) The Company follows the mercantile system of accounting and recognizes significant items of income and expenditure on an accrual basis.

2. Use of Estimates:

The preparation of Financial Statements require estimates and assumption to be made that affect the reported amount of assets and liabilities on the date of Financial Statements and the reported amount of revenues and expenses during the reported period. Difference between the actual results and estimates are recognized in the period which the results are known/materialized.

3. Fixed Assets and Depreciation / Amortization:

(i) The Gross Block of Fixed Assets is shown at the cost of acquisition, which includes Taxes, Duties and other identifiable direct expenses.

(ii) The Company provides depreciation on all its fixed assets on Straight Line Method in accordance with the provisions of Sec. 205(2) (b) of the Companies Act, 1956 in the manner and at the rates specified in Schedule XIV of the Companies Act, 1956.

(iii) Depreciation or additions to fixed assets is being provided on pro- rata basis from the next month of acquisition and on assets sold, discarded, demolished, or scraped, the same is being provided up to the month in which the said asset is sold, discarded, demolished, or scrapped.

4. Inventories:

Inventory is valued at cost or net realizable value, whichever is lower. Cost of inventories comprises of all cost of purchase, cost of conversion, and other costs incurred in bringing them to their respective present location and condition.

(i) Raw materials, Packing materials, Fuel and stores and spares are valued on First In First Out method. (ii) Finished goods and Semi-Finished goods valuation includes material cost and relevant overhead.

5. Investments:

Current Investments are carried at lower of cost and quoted/fair value computed category wise. Long term investments are stated at cost. Provision for diminution in value of long term investments is made only if such a decline is other than temporary.

6. Foreign Currency Transaction:

(i) Transaction denominated in foreign currencies is normally recorded at the exchange rate prevailing at the time of transaction.

(ii) Monetary items denominated in foreign currencies at the year end are restated at year end rates. (iii) Any income or expense on account of exchange difference either on settlement or on restatement is recognized in the Profit and Loss Account.

7. Sales and Income Recognition:

(i) Sales are recognized when goods are supplied and are recorded net of trade discounts and rebates. (ii) Insurance, dividend, refunds and other claims are accounted on cash basis in the year of receipt. (iii) Interest income on investments is booked on a timed proportionate basis taking into account the amounts invested and the rate of interest.

8. Employees Retirement Benefits:

(i) Contributions to Provident Fund & Family Pension Scheme are accounted on accrual basis and charged to Profit and Loss Account for the year.

(ii) The Company has adopted a policy of permitting its employees to avail their leave due in a year in a planned and phased manner so as to avoid accumulation of leave therefore, liability on account of leave encashment is not provided for the year as the employees are eligible for leave salary of the year in the year of termination or retirement.

(iii) The Company has provided on an actuarial basis during the year liability in respect of Gratuity payable to employees and the same is charged to the Profit & Loss Account.

9. Research and Development:

Revenue expenditure pertaining to Research and Development is charged to revenue under the respective heads of account in the year in which it is incurred. Capital expenditure, if any, on Research and Development is shown as an addition to fixed assets.

10. Impairment of Assets:

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

11. Provision for Taxation:

(i) In view of the carried forward losses no provision for taxation is made.

(ii) In absence of Deferred Tax Liability no provision for the same is required to be made. The Company has not also recognized the Deferred Tax Assets as carried forward losses are significant and sKall recognized the Deferred Tax Assets in succeeding years when there is certainty to have sufficient taxable income. 12. Contingent Liabilities:

Contingent Liabilities are determined on the basis of available information and disclosed by way of Notes to the Accounts.