Notes to Accounts of Blue Chip India Ltd.

Mar 31, 2024

(xvi) Provisions, Contingent Liabilities and Contingent Assets

A provision shall be recognised when:

(a) The company has a present obligation (legal or constructive) as a result of a past event;

(b) It is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and

(c) A reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision shall be the best estimate of the expenditure required to settle the present obligation at the end of the reporting period. The risks and uncertainties that inevitably surround many events and circumstances shall be taken into account in reaching the best estimate of a provision. Where the effect of the time value of money is material, the amount of a provision shall be the present value of the expenditures expected to be required to settle the obligation. Provisions is reviewed at the end of each reporting period and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision is reversed.

Unless the possibility of any outflow in settlement is remote, the company will disclose for each class of contingent liability at the end of the reporting period a brief description of the nature of the contingent liability and, where practicable:

(a) An estimate of its financial effect,

(b) An indication of the uncertainties relating to the amount or timing of any outflow; and (c) the possibility of any reimbursement.

Where an inflow of economic benefits is probable, the company will disclose a brief description of the nature of the contingent assets at the end of the reporting period, and, where practicable, an estimate of their financial effect.

(xvii) Earnings per Share

The company will calculate basic earnings per share amounts for profit or loss attributable to ordinary equity holders and, if presented, profit or loss from continuing operations attributable to those equity holders. Basic earnings per share shall be calculated by dividing profit or loss attributable to ordinary equity holders (the numerator) by the weighted average number of ordinary shares outstanding (the denominator) during the period. The objective of basic earnings per share information is to provide a measure of the interests of each ordinary share in the performance of the company over the reporting period.

If the number of ordinary or potential ordinary shares outstanding increases as a result of a capitalisation,

bonus issue or share split, or decreases as a result of a reverse share split, the calculation of basic and diluted earnings per share for all periods presented shall be adjusted retrospectively. If these changes occur after the reporting period but before the financial statements are approved for issue, the per share calculations for those and any prior period financial statements presented shall be based on the new number of shares. The fact that per share calculations reflect such changes in the number of shares shall be disclosed. In addition, basic and diluted earnings per share of all periods presented shall be adjusted for the effects of errors and adjustments resulting from changes in accounting policies accounted for retrospectively.

(xviii) Employee Benefits.

Short-term employee benefits include items such as the following, if expected to be settled wholly before twelve months after the end of the annual reporting period in which the employees render the related services: (a) wages, salaries and social security contributions; (b) paid leave; (c) bonuses; and

(d) non-monetary benefits if any for current employees. When an employee has rendered service to the company during an accounting period, it recognises the undiscounted amount of short-term employee benefits expected to be paid in exchange for that service: (a) as a liability (accrued expense), after deducting any amount already paid. If the amount already paid exceeds the undiscounted amount of the benefits, it recognises that excess as an asset (prepaid expense) to the extent that the prepayment will lead to, for example, a reduction in future payments or a cash refund.(b) as an expense. It will recognise the expected cost of bonus payments only when: (a) it has a present legal or constructive obligation to make such payments as a result of past events; and (b) a reliable estimate of the obligation can be made.

A present obligation exists when, and only when, the entity has no realistic alternative but to make the payments.

Post-employment benefits include items such as the following: (a) retirement benefits (lump sum payments on retirement i.e. gratuity); and (b) other post-employment benefits, such as leave encashment, terminal benefits. Arrangements whereby company provides post-employment benefits are post-employment benefit plans. It applies this Standard to all such arrangements whether or not they involve the establishment of a separate entity to receive contributions and to pay benefits.

Post-employment benefit plans are classified as either defined contribution plans or defined benefit plans, depending on the economic substance of the plan as derived from its principal terms and conditions.

Under defined contribution plans the company''s legal or constructive obligation is limited to the amount that it agrees to contribute to the fund. Thus, the amount of the post-employment benefits received by the employee is determined by the amount of contributions paid by the company (and perhaps also the employee) to a post-employment benefit plan or to an insurance company, together with investment returns arising from the contributions. In consequence, actuarial risk (that benefits will be less than expected) and investment risk (that assets invested will be insufficient to meet expected benefits) fall, in substance, on the employee. The company may pay insurance premiums to fund a postemployment benefit plan. The entity shall treat such a plan as a defined contribution plan unless the entity will have (either directly, or indirectly through the plan) a legal or constructive obligation either: (a) to pay the

employee benefits directly when they fall due; or (b) to pay further amounts if the insurer does not pay all future employee benefits relating to employee service in the current and prior periods. If it retains such a legal or constructive obligation, it shall treat the plan as a defined benefit plan.

When an employee has rendered service to the company during a period, it shall recognise the contribution payable to a defined contribution plan in exchange for that service: (a) as a liability (accrued expense), after deducting any contribution already paid. If the contribution already paid exceeds the contribution due for service before the end of the reporting period, an entity shall recognise that excess as an asset (prepaid expense) to the extent that the prepayment will lead to, for example, a reduction in future payments or cash refund. (b) as an expense. When contributions to a defined contribution plan are not expected to be settled wholly before twelve months after the end of the annual reporting period in which the employees render the related service, they shall be discounted using the discount rate.

Accounting by an entity for defined benefit plans involves the following steps: (a) determining the deficit or surplus. (b) Determining the amount of the net defined benefit liability (asset). (c) Determining amounts to be recognised in profit or loss :(i) current service cost (ii) any past service cost and gain or loss on settlement (iii) net interest on the net defined benefit liability (asset). (d) Determining the reameasurements of the net defined benefit liability (asset), to be recognised in other comprehensive income, comprising: (i) actuarial gains and losses;(ii) return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset) ; and (iii) any change in the effect of the asset ceiling , excluding amounts included in net interest on the net defined benefit liability (asset).

The company will account not only for its legal obligation under the formal terms of a defined benefit plan, but also for any constructive obligation that arises from its informal practices. Informal practices give rise to a constructive obligation where it has no realistic alternative but to pay employee benefits.

The company recognises the net defined benefit liability (asset) in the balance sheet. When the company has a surplus in a defined benefit plan, it shall measure the net defined benefit asset at the lower of: (a) the surplus in the defined benefit plan; and (b) the asset ceiling, determined using the discount rate

The company uses the projected unit credit method to determine the present value of its defined benefit obligations and the related current service cost and, where applicable, past service cost.

(xix) Income Taxes

Deferred tax assets are the amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carry forward of unused tax losses; and (c) the carry forward of unused tax credits.

Current tax for current and prior periods shall, to the extent unpaid, be recognised as a liability. If the amount already paid in respect of current and prior periods exceeds the amount due for those periods, the excess shall be recognised as an asset.

Current and deferred tax is recognised as income or an expense and included in profit or loss for the period, except to the extent that the tax arises from a transaction or event which is recognised, in the same or a different period, outside profit or loss, either in other comprehensive income or directly in equity. Current tax and deferred tax shall be recognised outside profit or loss if the tax relates to items that are recognised, in the same or a different period, outside profit or loss. Therefore, current tax and deferred tax that relates to items that are recognised, in the same or a different period: (a) in other comprehensive income, shall be recognised in other comprehensive income (b) directly in equity, shall be recognised directly in equity.

(xxi) Mandatory Exemptions adopted by the Company

i. De recognition of financial assets and financial liabilities

The Company shall apply the derecognition requirements in IND AS 109 prospectively for transactions occurring on or after the date of transition to IND ASs.

ii. Classification and measurement of financial assets

The Company shall assess whether a financial asset meets the conditions of IND AS 109 on the basis of the facts and circumstances that exist at the date of transition to IND AS.

iii. Impairment of financial assets

The Company shall apply the impairment requirements of IND AS 109 retrospectively subject to exemptions provided in IND AS 101.

(xxii) Optional Exemptions Availed by the Company Deemed cost

The Company elects to continue with the carrying value for all of its property, plant and equipment as recognised in the financial statements as at the date of transition to IND ASs, measured as per the previous GAAP and use that as its deemed cost as at the date of transition. Hence, no further adjustments to the deemed cost of the property, plant and equipment so determined in the opening balance sheet shall be made for transition adjustments that might arise from the application of other IND ASs. This option is also be availed for intangible assets covered by IND AS 38, Intangible Assets and investment property covered by IND AS 40, Investment Property.

The above particulars, as applicable, have been given in respect of MSEs. No party could be identified on the basis of information available with the Company.

26. NBFC Registration Certificate No.05.01991 of the company has been cancelled by RBI order no. DNBS.RO.KOL.NO.367/03.03.008/2019-20 dated 27.08.2019. The Management of Company is going to file an appeal against the order. In view of the management the order will neither impact the going concern status of the company nor its future operation.

27. Valuation of Inventory (Book Value - Rs 0.63 Lakhs) has been done on Cost Basis due to unavailability of data to compute the Fair Value of the Inventory held by the Company

29. The Company has not entered into any transactions with the companies struck off under the Companies Act, 2013 or the Companies Act, 1956.

30. The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

31. The company has not surrendered or disclosed any income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.

32. The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

33. No proceedings have been initiated on or are pending against the company for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made therunder.

38. The company does not have any immovable property and no asset has been revalued in FY 20232024

39. The management is of the opinion that Current Assets and Current Liabilities are stated at realizable value in a normal course of business and no provision has been considered necessary.

40. The Company does not have any Intangible Assets under development

41. (a) No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the company to or in any other person or entity, including foreign entities (“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the Company (Ultimate Beneficiaries). The Company has not received any fund from any party (Funding Party) with the understanding that the Company shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Company (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

B. Financial Risk Management

The Company''s activities expose it to a variety of financial risks, including market risk, credit risk and liquidity risk. The Company continues to focus on a system-based approach to business risk management. The Company''s financial risk management process seeks to enable the early identification, evaluation and effective management of key risks facing the business. Backed by strong internal control systems, the current Risk Management System rests on policies and procedures issued by appropriate authorities; process of regular reviews / audits to set appropriate risk limits and controls; monitoring of such risks and compliance confirmation for the same.

(i) Market Risk

Market risk is the risk of any loss in future earnings, in realisable fair values or in future cash flows that may result from a change in the price of a financial instrument. The value of a financial instrument may change as a result of changes in interest rates, foreign currency exchange rates, equity price fluctuations, liquidity and other market changes. Future specific market movements cannot be normally predicted with reasonable accuracy.

Foreign currency risk

Foreign currency risk is the risk that the fair value of future cash flows of an exposure will fluctuate due to changes in foreign exchange rates. Currently the Company does not have any foreign currency exposure.

Interest rate risk

The main business of the Company is providing inter corporate deposits and investment in equity shares, preference shares, Mutual fund and Alternative investment fund. These activities expose to interest rate risk.

Equity Price Risk

Equity price risk is related to change in market reference price of investments in equity securities held by the Company. “The fair value of quoted investments held by the Company exposes the Company to equity price risks. In general, these investments are not held for trading purposes. The fair value of quoted investments in equity, classified as ""fair value through other comprehensive income"" as at March 31,2024 and March 31,2023 was Rs. 73.24 lacs and Rs. 614.63 lacs, respectively. “A 10% change in equity prices of such securities held as at March 31,2024 and March 31,2023, would result in an impact of Rs. 7.32 lacs and Rs. 61.46 lacs respectively on equity before considering tax impact.

(ii) Liquidity Risk

Liquidity risk is the risk than an entity will encounter difficulty in meeting obligation associated with financial liabilities that are settled by deliverying cash or other financial assets. The Company mitigates its liquidity risks by ensuring timely collections of its receivables and close monitoring of its credit cycle.

The table below provides details regarding the remaining contractual maturities of significant financial liabilities at the reporting date:

(iii) Credit Risk

"Credit risk is the risk of financial loss arising from counter-party failure to repay or service debt according to the contractual terms or obligations. Credit risk encompasses both the direct risk of default and the risk of deterioration of credit worthiness as well as concentration risks.“Financial instruments that are subject to credit risk and concentration thereof principally consist of rent receivables, loans receivables, investments in alternative investment fund, preference share and mutual funds and other financial assets. None of the financial instruments of the Company result in material concentration of credit risk except some loans made by the company and against which sufficient provision for expected credit loss has been made.“The carrying value of financial assets represents the credit risk. The exposure to credit risk was Rs. 60.94 lakhs and Rs. 272.49 lakhs, as at March 31, 2024 and March 31, 2023 respectively, being the total carrying value of rent receivables, income receivable from investments in alternative investment funds, and other financial assets."

(iv) Capital Management Risk

The Reserve Bank of India (RBI) sets and monitors capital adequacy requirements for the Company from time to time. The Company''s policy is to maintain a strong capital base for future development of the business. For the purpose of Company''s capital management, capital includes issued capital and all other equity attributable to equity shareholders of the Company. As at 31st March, 2024, the Company has only one class of equity shares and has no debt.

(v) Expected Credit Loss

Ind AS 109 outlines a ‘three stages'' model for impairment based on changes in credit quality since intial recognition as summarized below. The objective of the impairment requirements is to recognize life time expected credit loss (ECLs) on all financial instruments for which there have been significant increases in credit risk since initial recognition - whether assessed on an individual or collective basis.

At the reporting date, an allowance (or provision for loan and advances) is required on stage 1 assets at 12 month ECLs. If the credit risk has significantly increased since initial recognition (Stage 1), an allowance (or provision) should be recognised for the lifetime ECLs for financial instruments for which the credit risk has increased significantly since initial recognition (Stage 2) or which are credit impaired (Stage 3).

"The measurement of ECL is calculated using three main components: “(i) Probability of Default (PD) “(ii) Loss Given Default (LGD) and “(iii) the Exposure At Default (EAD). “The 12 month ECL is calculated by multiplying the 12 month PD, LGD and the EAD. “The 12 month and lifetime PDs represent the PD occurring over the next 12 months and the remaining maturity of the

instrument respectively. “The EAD represents the expected balance at default, taking into account the repayment of principal and interest from the balance sheet date to the default event together with any expected drawdowns of committed facilities. “The LGD represents expected losses on the EAD given the event of default, taking into account, among other attributes, the mitigating effect of collateral value at the time it is expected to be realised and the time value of money."

Probalility of default represents the likelihood of a borrower defaulting on its financial obligation either over the next 12 months (12M PD) or over the remaining lifetime (Lifetime PD) of the obligation.

Exposure at Default (EAD) is the total amount of an asset the entity is exposed to at the time of default. EAD is defined based on the characteristics of the assets. EAD is dependent on the outstanding exposure of an asset sanctioned amount of loan and credit conversion factor for non-funded exposure.

Loan Given Default (LGD) it is part of the assets which is lost provided the assets default. The recovery rate is derived as a ratio of discounted value of recovery cash flow (incorporating the recovery time) to total exposure of amount at the time of default.

The Company assesses when a significant increase in credit risk has occurred based on quantitative and qualitative assessments. Exposures are considered to have resulted in a significant increase in credit risk and are moved to Stage 2 when:

i. Quantitative test: Rebuttable presumption for accounts that are 30 calendar days or more past due move to Stage 2 automatically. Also,rebuttable presumption for accounts that are 90 calendar days or more past due move to Stage 3 automatically.

ii. Qualitative test: Accounts that meet the portfolio''s ‘high risk'' criteria and are subject to closer credit monitoring. High risk customers may not be in arrears but either through an event or an observed behaviour exhibit credit distress.

iii. Reversal in Stages: Exposures will move back to Stage 2 or Stage 1 respectively, once they no longer meet the quantitative criteria set out above. For exposures classified using the qualitative test, when they no longer meet the criteria for a significant increase in credit risk and when any cure criteria used for credit risk management are met.

41. (b) No funds have been received by the company from any person(s) or entity (ies), including foreign

entities (“Funding Parties”), with the understanding whether recorded in writing or otherwise, that the company shall, whether, directly or indirectly lend or invest in other person or entities identified in any manner whatsoever by or on behalf of the Funding Party (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

42. No Scheme of Arrangements in terms of sections 230 to 237 of the Companies Act, 2013 is approved by any Competent Authority.

43. The Company has not obtained any credit rating as there are no borrowings in the Company .

44. There are no restructured accounts as at the end of financial year.

45. Earning in foreign exchange and expenditure in foreign currency-NIL

46. Previous Year Figures have been regrouped/rearranged/reclassified according to the requirement of IND-AS wherever necessary and rounded off to the Rupees in lacs.

47. All the figures in these notes are in Indian Rupees in Lacs except otherwise stated.

As per our report of even date For and on behalf of the Board of Directors

For Deoki Bijay & Co. For Blue Chip India Limited

Chartered Accountants

Registration No : 313105E Soni Jain Arihant Jain

CFO Managing Director

CA. Ramesh Kr. Chokhani DIN _: 00174557

Partner ( 97 ) Neha Chomal

Memb No. 062081 Company Secretary Pranab Chakraborty

Place : Kolkata Director

Dated : 28.05.2024 DIN : 03568360

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Mar 31, 2014

(A) In the opinion of the Management,the Sundry Debtors,Loan & Advances and Current Assets have a value on realisation in the ordinary course of business atleast equal to the amount at which they are stated in the Balance Sheet.

(B) Earning & Expenditure in foreign currency

(C) Certain balances of Sundry Debtors,Sundry Creditors and Loans & Advances are subjects to confirmation

(D) Since the company has operated only in one segment, i.e. Trading Shares & Securities , provision relating to segment wise Report Report as per AS- 17 are not applicable

(E) Related Party Disclosures

List of Related parties with whom transactions have been taken place during the year.

(a) Key Management Personnel, Directors Relatives

1 Arihant Jain Managing Director

2 Pranab Chakarboty Director

3 Amiya Kumar Basu Director

4 Subhabrata Talukdar Director

(b) Enterprises over which above person has signification influence: NIL

(c) Transaction with the persons mentioned in(A) above:

Remuneration NIL

(d) Transaction with the persons mentioned in (A) above :-

Purchase of Shares during the year - Sale of Shares during the Year -

(F) Deferred Tax

In view of no vertual certainty of future profits to set off losses, no provision for deferred tax has been made as required.

(G) Information Pursuant to paragraph 9BB Non Banking Financial Companies Prudential Norms (Reserve Bank) Direction 1998 has been given in Annexure -II

(H) Retirement Benefits :

Provision for retirement benefits has been made as no employee has put in the qualifying period of service for entitled of the benefit.

(I) Earning per Share :

The Company reports basic and diluted earnings per equity share in accordance with Accounting Standard - 20 Earning per Share issued by the Institute of Chartered Accountants of India.

(J) Figures in brackets represent previous year figures.

(K) Schedule "A" TO "R" annexed here with are forming part ofthe Balance Sheet and the Profit & Loss Account.

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Mar 31, 2013

(A) In the opinion of the Management, the Sundry Debtors, Loan & Advances and Current Assets have a value on realization in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet.

(B) Earning & Expenditure in foreign currency.

(C) Certain balances of Sundry Debtors, Sundry Creditors and Loans & Advances are subjects to confirmation.

(D) Since the company has operated only in one segment, i.e. Trading in Shares & Securities, provision relating to segment wise Report as per AS-17 are not applicable.

(E) Related Party Disclosures :

List of Related Parties with whom transactions have been taken place during the year:

(a) Key Management Personnel, Directors Relatives:

1) ArihantJain Managing Director

2) Pranab Chakraborty Director

3) Amiya Kumar Basu Director

4) Subhabrata Talukdar Director

(b) Enterprises over which above person has signification infulence :

NIL

(c) Transaction with the persons mentioned in(A) above :

Remuneration NIL

(F) Deferred Tax:

In view of no virtual certainty of future profits to set off losses, no provision for deferred tax has been made as required.

(G) Information Pursuant to paragraph 9BB Non Banking Financial Companies Prudential Norms (Reserve Bank) Direction, 1998 has been given in Annexure - II.

(H) Retirement Benefits:

Provision for retirement benefits has been made as no employee has put in the qualifying period of service for entitled of the benefit.

(I) Figures in brackets represent previous year figures.

(J) Schedule "A" TO "R" annexed here with are forming part of the Balance Sheet and the Profit & Loss Account.

** As per Accounting Standard of ICAI (Please see Note 3).

1. As defined in paragraph 2(1 )(xii) of Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998.

2. Provisioning norms shall be applicable as prescribed in Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007.

3. All Accounting Standards and Guidance Notes issued by ICAI are applicable including for valuation of investments and other assets as also assets acquired in satisfaction of debt. However, market value in respect of quoted investments and break up/fair value / NAV in respect of unquoted investments should be disclosed irrespective of whether they are classified as long term or current in (4) above.

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Mar 31, 2012

(A) In the opinion of the Management.the Sundry Debtors,Loan & Advances and Current Assets have a value on realisation in the ordinary course of business atleast equal to the amount at which they are stated in the Balance Sheet.

(B) Earning & Expenditure in foreign currency.

(C) Certain balances of Sundry Debtors,Sundry Creditors and Loans & Advances are subjects to confirmation.

(D) The company has not made any provision for interest amonnting to Rs. 41.50 lakhs (Rs.41.50 Lacs) in respect of losn tsken from Rec during the year.

(E) Since the company has operated only in one segment, I.e. Trading in Shares & Securities, provision relating to segment wise Report as per AS 17 are not applicable.

(F) Deferred Tax:

In view of no vertual certainty of future profits to set off losses, no provision for deferred tax has been made as required.

(G) The company has made no provision for interest accured amounting to Rs. 35.54 lacs (Previous Year Rs. 35.54) as the matter is Subjudice before Hon'ble Recovery Tribunal of amount payable to Rural Electification.

(H) Information pursuant to Part IV Schedule VI to the companies Act, 1956 has been given in Annexure 1.

(I) Information Pursuant to paragraph 9BB Non Banking Financial Companies Prudential Norms (Reserve Bank) Direction, 1998 has been given in Annexure II.

(J) Retirement Benefits:

Provision for retirement benefits has been made as no employee has put in the qualifying period of service for entitled of the benefit.

(K) Figures in brackets represent previous year figures.

(L) Schedule "A" TO "R" annexed here with are forming part of the Balance Sheet and the Profit & Loss Account.

(M) Retirement Benefits:

Provision for retirement benefits has been made as no employee has put in the qualifying period of service for entitled of the benefit.

(N) Figures in brackets represent previous year figures.

(O) Schedule "A" TO "R" annexed here with are forming part of the Balance Sheet and the Profit & Loss Account.

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Mar 31, 2010

A) Estimated. amount of Capital Contracts remaining to be executed (Advance paid) NIL NIL

b) Earning/Expenditure in Foreign Currency NIL NIL

c) Since the company has operated in only one segment I.e. Fund Based Financial Activities during the year, like Granting Loan & Advances and Trading In Shares & Securities, the provision relating to segment wise reports are not applicable,

d) The Company has not mode provision tor Non-performing assets amounting to Rs.1.44,96,122.23 as per Prudential Norms Issued by Reserve Bank of India.

e) Related Party Disclosures:

List of Related Parties with whom transactions have taken place and Relationships:

(A) key Managemant Personnel & Rolatives:

Name of the Related Party Nature of Relationship

1) Arihant Jain Managing Director

2] Santosh Kumar Jain Director

3) Amtya Kumar Basu Director

4) Subhabrata Talukdar Director

f) In terms of AS-17 of the ICAI, Segment Information has not been given as the entire business activities of investing and finance considered as one business segment.

g) Information pursuant to Part IV of Schedule VI to the Companies Act, 1956 has been given in Annexure-1.

h) Information pursuant to paragraph 9BB of Non-Banking Financial Companies Prudential Norma (Reserve Bank) Directions, 1998 has been given In Annexure- II.

i) Previous years figures have been regrouped/rearranged wherever necessary.

j) Schedule "A" to "P" annexed to herewith are forming part of the Balance Sheet and Profit 5 Loss Account.