Notes to Accounts of Capital Trade Links Ltd.

Mar 31, 2025

Terms / rights attached to equity shares

The Company has only one class of equity shares having par value of Re. 1/- per share . Each holder of equity shares is entitled to one vote per share.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Note:-16.4 Capital management

The primary objectives of the Company’s capital management policy is to ensure that the Company complies with capital adequacy requirements required by the Reserve Bank of India and maintains strong credit ratings and healthy capital ratios in order to support its business and to maximise shareholder value.

The Company’s capital management objectives are

- to ensure the Company’s ability to continue as a going concern

- to comply with externally imposed capital requirement and maintain strong credit ratings

- to provide an adequate return to shareholders

Management assesses the Company’s capital requirements in order to maintain an efficient overall financing structure while avoiding excessive leverage. This takes into account the sub-ordination levels of the Company’s various classes of debt. The Company manages the capital structure and makes adjustments to it in the light of changes in economic conditions and the risk characteristics of the underlying assets.

29. Corporate Social Responsibility

As per the criteria laid down under Section 135 of the Companies Act, 2013 and the Rules made thereunder, the requirement to form a CSR Committee and to spend minimum amount towards the CSR activities, is applicable first time to the company from last year onwards.

30 Approval of financial statements

The financial statements were approved by the Board of Directors of the company in their metting held as on May 22, 2025 at the corporate office of the company.

33 ADDITIONAL DISCLOSURES UNDER SCHEDULE III DIVISION III PART 1

A. There are no trade receivables in the books of accounts therefore aging schedule not applicable in this financial year.

B. There are no trade payables in the books of accounts therefore aging schedule not applicable in this financial year.

C. There are no CWIP in the finacial year ended March 31, 2025, therefore aging schedule not applicable in this financial year.

D. There are no intangible assets under development exist in the finacial year ended March 31, 2025, therefore aging schedule not applicable in this financial year.

Part - II - Other Disclosures

A) 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 thereunder.

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

C) As per the information available, the company has no transactions with the companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

D) There has been no charges or satisfaction yet to be registered with ROC beyond the statutory period.

E) Compliance with number of layers of companies (Company does not have any subsidary company in the FY 24-25 and FY 22-24.

F) Compliance with approved Scheme(s) of Arrangements- No scheme of Arrangements has been approved by the Competent Authority in terms of Sections 230 to 237 of the Companies Act, 2013 in the last FY 23-24 and FY 22-23.

G) The company being a non-banking finance company, as part of its normal business, grants loans and advances to its customers, ensuring adherence to all regulatory requirements. Further, the company has borrowed funds from banks, financial institutions, other than the transactions described above,no funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources/kind of funds) by the company to or in any other persons or entities, including foreign entities (“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the comapny (Ultimate Beneficiaries). The company has not received any funds from parties (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 behalfofthe Funding Party (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

H) CSR is applicable from Financial year 2024-25

I) Company has not traded or invested in Crypto currency or Virtual Currency during the financial year ended March 31, 2025.

Liquidity Coverage Ratio (LCR)= HQLA/ Total net cash outflows over the next 30 calendar Data must be presented as simple averages of daily observations Quantitative Information

The Company has implemented the guidelines on Liquidity Risk Management Framework prescribed by the Reserve Bank of India requiring maintenance of Liquidity

Coverage Ratio (LCR), which aim to ensure that an NBFC maintains an adequate level of unencumbered HQLAs that can be converted into cash to meet its liquidity needs for a 30 calendar day time horizon under a significantly severe liquidity stress scenario LCR = Stock of High-Quality Liquid Assets (HQLAs)/Total Net Cash Outflows over the next 30 calendar days HQLAs comprise of Cash*, Investment in Central and State Government Securities, and highly-rated Corporate Bonds and Commercial papers, including those of Public Sector Enterprises, as adjusted after assigning the haircuts as prescribed by RBI.

* Cash would mean cash on hand and demand deposits with Scheduled Commercial Banks. Total net cash outflows are arrived after taking into consideration total expected cash outflows minus total expected cash inflows for the subsequent 30 calendar days. As prescribed by RBI, total net cash outflows over the next 30 days = Stressed Outflows - [Min (stressed inflows; 75% of stressed outflows)]. Total expected cash outflows (stressed outflows) are calculated by multiplying the outstanding balances of various categories or types of liabilities and off-balance sheet commitments by 115% (15% being the rate at which they are expected to run off further or be drawn down). Total expected cash inflows (stressed inflows) are calculated by multiplying the outstanding balances of various categories of contractual receivables by 75% (25% being the rate at which they are expected to under-flow).

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Mar 31, 2024

2.15 Provisions, contingent liabilities and contingent assets

Provisions are recognized only when:

(i) an entity has a present obligation (legal or constructive) as a result of a past event; and

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

(iii) a reliable estimate can be made of the amount of the obligation Provision is measured using the cash flows estimated to settle the present obligation and when the effect of time value of money is material, the carrying amount of the provision is the present value of those cash flows. Reimbursement expected in respect of expenditure required to settle a provision is recognized only when it is virtually certain that the reimbursement will be received.

Contingent liability is disclosed in case of:

(i) a present obligation arising from past events, when it is not probable that an outflow of resources will be required to settle the obligation; and

(ii) a present obligation arising from past events, when no reliable estimate is possible. Contingent assets are disclosed where an inflow of economic benefits is probable. Provisions, contingent liabilities and contingent assets are reviewed at each Balance Sheet date. Where the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under such contract, the present obligation under the contract is recognized and measured as a provision.

Contingent assets are not recognized in the financial statements.

2.16 Write off

The gross carrying amount of a financial asset is written-off (either partially or in full) to the extent that there is no reasonable expectation of recovering the asset in its entirety or a portion thereof. This is generally the case when the Company determines that the debtor does not have assets or sources of income that could generate sufficient cash flows to repay the amounts subject to the write-off.

2.17 Leases

The Company has adopted Ind-AS 116 - Leases and applied it to all lease contracts entered. Based on the same and as permitted under the specific transitional provisions in the standard, the Company is not required to restate the comparative figures.

All leases are accounted for by recognizing a right-of-use asset and a lease liability except for:

- Leases of low value assets; and

- Leases with a duration of 12 months or less The following policies applied-

Lease liabilities are measured at the present value of the contractual payments due to the lessor over the lease term, with the discount rate determined by reference to the rate inherent in the lease unless (as is typically the case) this is not readily determinable, in which case the Company''s incremental borrowing rate on commencement of the lease is used. Variable lease payments are only included in the measurement of the lease liability if they depend on an index or rate. In such cases, the initial measurement of the lease liability assumes the variable element will remain unchanged throughout the lease term. Other variable lease payments are expensed in the period to which they relate.

Right-of-use assets are initially measured at the amount of the lease liability, reduced for any lease incentives received, and increased for:

- initial direct costs incurred; and

- the amount of any provision recognized where the Company IS contractually required to dismantle.

Subsequent to initial measurement lease liabilities increase as a result of interest charged at a constant rate on the balance outstanding and are reduced for lease payments made. Right-of-use assets are amortized on a straight-line basis over the remaining term of the lease or over the remaining economic life of the asset if, rarely, this is judged to be shorter than the lease term.

2.18 Statement of Cash Flows

Statement of Cash Flows is prepared segregating the cash flows into operating, investing and financing activities. Cash flow from operating activities is reported using indirect method adjusting the net profit for the effects of: (i.) changes during the period in operating receivables and payables transactions of a non-cash nature; (ii.) non-cash items such as depreciation, provisions, deferred taxes, unrealized foreign currency gains and losses, and undistributed profits of associates and joint ventures; and (iii.) all other items for which the cash effects are investing or financing cash flows. Cash and cash equivalents (including bank balances) shown in the Statement of Cash Flows exclude items which are not available for general use as on the date of Balance Sheet.

33 ADDITIONAL DISCLOSURES UNDER SCHEDULE III DIVISION III PART 1

A. There are no trade receivables in the books of accounts therefore aging schedule not applicable in this financial year.

B. There are no trade payables in the books of accounts therefore aging schedule not applicable in this financial year. _ _

C. There are no CWIP in the finacial year ended March 31, 2024, therefore aging schedule not applicable in this financial year.

D. There are no intangible assets under development exist in the finacial year ended March 31, 2024, therefore aging schedule not applicable in this financial year.

Part - II - Other Disclosures

A) 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 thereunder.

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

C) As per the information available, the company has no transactions with the companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

D) There has been no charges or satisfaction yet to be registered with ROC beyond the statutory period.

E) Compliance with number of layers of companies (Company does not have any subsidary company in the FY 23-24 and FY 22-23.

F) Compliance with approved Scheme(s) of Arrangements- No scheme of Arrangements has been approved by the Competent Authority in terms of Sections 230 to 237 of the Companies

Act, 2013 in the last FY 23-24 and FY 22-23.

G) The company being a non-banking finance company, as part of its normal business, grants loans and advances to its customers, ensuring adherence to all regulatory requirements. Further, the company has borrowed funds from banks, financial institutions, other than the transactions described above,no funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources/kind of funds) by the company to or in any other persons or entities, including foreign entities (“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the comapny (Ultimate Beneficiaries). The company has not received any funds from parties (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 Funding Party (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

H) CSR is applicable from Financial year 2024-25

I) Company has not traded or invested in Crypto currency or Virtual Currency during the financial year ended March 31, 2024.

37. The Previous year figure have been reworked, regrouped, rearranged and reclassified wherever necessary. Accordingly, amounts and other disclosure for the preceding year are included as an integral part of the current year financial statements and are to be read in relation to the amounts and other disclosures relating to the current year.

M/s RAJ GUPTA & CO. For and on behalf of the Board of Directors

CHARTERED ACCOUNTANTS F.R NO. 000203N

Vinay Kumar Chawla Krishan Kumar

Whole Time Director Director

Sandeep Gupta DIN: 02618168 DIN:00004181

(PARTNER)

M.No 529774

06th May 2024 ^{Sunil Gupta} Anupriya Ojha

Place : Delhi Chief Financial Officer Company Secretary

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Mar 31, 2016

Contingent assets are neither recognized nor disclosed in the financial statements.

1. The Company does not have any other segment of business. Hence, the Segmental reporting regulations are not applicable to the Company.

2. Disclosures required under Section 32 of the Micro, Small and Medium Enterprises Development Act, 2006

There are no Micro and Small Enterprises, to whom the company owes dues, which are outstanding for more than 45 days at the Balance Sheet date. The above information regarding Micro Enterprises and Small Enterprises has been determined to the extent such parties have been identified on the basis of information available with the Company.

3. The Company has complied with the prudential norms on income recognition and provisioning requirements against performing and non-performing assets as per the provisions of Reserve Bank of India (RBI).

4. All assets and liabilities have been classified as current or non-current based on assumption of operating cycle with duration of 12 months.

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

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Mar 31, 2015

1. The Company does not have any other segment of business. Hence, the Segmental reporting regulations are not applicable to .the Company.

2. Disclosures required under Section 32 of the Micro, Small and Medium Enterprises Development Act, 2006 There are no Micro and Small Enterprises, to whom the company owes dues, which are outstanding for more than 45 days at the Balance sheet date. The above information regarding Micro Enterprises and Small Enterprises has been determined to the extent such parties have been identified on the basis of information available with the Company.

3. The Company has complied with the prudential norms on income recognition and provisioning requirements against performing and non-performing assets as per the provisions of Reserve Bank of India (RBI).

4. All assets and liabilities have been classified as current or non-current based on assumption of operating cycle with duration of 12 months.

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

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Mar 31, 2014

1. Related party disclosures

(a) Related parties with whom transactions have taken place during the year : Associates Concerned:

Name of the Related Party Relationship

Smarth Fincap Services Pvt Ltd Common Controlled Company

Dolphim Fincap (I) Pvt Ltd_Common Controlled Company

Mega Fincap Pvt LtdCommon Controlled Company

Pilkhuwa Cloth Merchants Pvt Ltd Common Controlled Company Agbros Properties Private Limited Common Controlled Company Pratibha Securities Private Limited Common Controlled Company Xeraphin Finvest Private Limited | Common Controlled Company"

(b) During the year following transaction were carried out with the related parties in the ordinary course of the Business:

Nature of Transaction with associated Concern

(Amount in Rs.)

Loan & Advances Given : 95,00,000

Loan & Advances Repaid : 1,86,45,000

Loan Taken 1,34,00,000

Loan Repaid 5,76,85,000

Balance As on 31.3.2014 : NIL ( Loan & advances given)

Balance As on 31.3.2014 : NIL ( Loan Taken )

2. The previous year figures have been audited by another firm of Chartered Accountants.

3. Previous year''s comparative figures have been regrouped/recasted wherever necessary.

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Mar 31, 2013

CONTINGENT LIABILITIES:-

No contingent liabilities are outstanding up to the date of Balance Sheet NOTE 19 In accordance with 'Accounting Standard 22' - "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India, mandatory with effect from ' accounting period commencing from 1st April 2001. During the year under reference an amount of Rs. 163.88/- only has been ascertained to deferred Tax Liability on account of the timing difference of Depreciation and the same has been accounted for and net balance of Rs, 255.12/- under the head Deferred Tax Liability has been shown in the Balance Sheet as on 31.03.2013

NOTE 1

Special Reserve represents reserve created as per Section 45(IC) of Reserve Bank of India, 1934.

NOTE 2

Additional information pursuant to the provisions of Schedule VI to the Companies Act, 1956 (Wherever applicable)

a) The company has incurred no expenses in foreign exchange during the relevant period

b) The company has no earning in foreign currencies.

c) The company has not import in foreign currencies.

d) The company deals in equity shares and there is no transaction of purchased equity shares during the year.

As per Accounting Standard -18" Related Party Discloser" issued by the Institute of Chartered Account's of India , the discloser is as under- ts certified by the management)

- Associates Concerned :-

1. Dolphin Fincap (I) Pvt Ltd -Common Controlled Company

2. Shatabdi Leap from Pvt Ltd. - Common Controlled Company

3. Mega Fincap Pvt Ltd - Common Controlled Company

4. Pilkhuwa Cloth Merchants Pvt Ltd - Common Controlled Company

5. Agbros Properties Pvt Ltd - Common Controlled Company

6. Pratibha Securities Pvt Ltd - Common Controlled Company

7. Samarth Fincap Services Pvt Ltd - Common Controlled Company

8. Xeraphin Finest Pvt Ltd - Common Controlled Company

(b) During the Year following transaction were carried out with the related parties in the ordinary course of the business:

Audit report under section 44AB of the Income tax Act, 1961, in the case where the accounts of the business of the business or profession of a person have been audited under any other law

1. We report that the statutory audit of Capital Trade Links Ltd. 101, Remit House,3 Tolstoy Marg, Connaught Place New Delhi -110001 (PAN: AAACC0222H) was conducted by us in pursuance of the provisions of the Companies Act 1956, and we annex hereto a copy of our audit report dated 02-08-2013 along with a copy each of:-

(a) The audited profit and loss statement for the year ended on 31st March, 2013.

(b) The audited balance sheet as at 31st March. 2013; and

(c) Documents declared by the said Act to be part of, or annexed to, the profit and loss statement and balance sheet.

2. The statement of particulars required to be furnished under section 44 AB is annexed herewith in Form No.3CD.

3. In our opinion and to the best of our information and according to explanations given to us, the particulars given in the said Form No.3 CD and Annexure thereto are true and correct.

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Mar 31, 2012

NOTE 1.

CONTINGENT LIABILITIES:-

No contingent liabilities are outstanding upto the date of Balance Sheet

NOTE 2

In accordance with ''Accounting Standard 22'' - "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India, mandatory with effect from accounting period commencing from 1st April 2001. During the year under reference an amount of Rs.266/- only has been ascertained to deferred Tax Asset on account of the timing difference of Depreciation and the same has been accounted for and net balance of Rs. 419./- under the head Deferred Tax Liability has been shown in the Balance Sheet as on 31.03.2012

NOTE 3

Special Reserve represents reserve created as per Section 45(IC) of Reserve Bank of India, 1934.

NOTE 4

Additional information pursuant to the provisions of Schedule VI to the Companies Act,1956 (Wherever applicable)

a) The company has incurred no expenses in foreign exchange during the relevant period

b) The company has no earning in foreign currencies.

c) The company has not import in foreign currencies.

d) The company deals in equity shares and purchased equity shares amounting to Rs.3,05,00,000/-during the year.

NOTE 5

As per Accounting Standard -18 " Related Party Discloser" issued by the Institute of Chartered Accounats of India , the discloser is as under:- (As certified by the management)

(a) Relation Name of the related party

- Key Management Personnel (KMP) 1. Suresh C. Agrawal

- 2. Harish C. Agrawal

- Associates Concerned :-

1. Dolphin Fincap (I) Ltd - Common Controlled Company

2. Shatabdi Leaprofin Pvt Ltd. - Common Controlled Company

3. Mega Fincap Pvt Ltd - Common Controlled Company

4. Pilkhuwa Cloth Merchants Pvt Ltd - Common Controlled Company

5. Agbros Properties Pvt Ltd - Common Controlled Company

6. Pratibha Securitites Pvt Ltd - Common Controlled Company

7. Samarth Fincap Services Pvt Ltd - Common Controlled Company

8. Xeraphin Finvest Pvt Ltd - Common Controlled Company

(b) During the Year following transaction were carried out with the related parties in the ordinary course of the business:

NOTE 6

The revised scheduled VI has become effective from 1st April ,2011 for the preparation of financial statements. This has significantly impacted the disclosure and presentation made in the financial statements. Previous year''s figures have been regrouped/reclassified wherever necessary to correspond with the current year''s classification /disclosure.

b Terms/Rights attached to shares

The Company has only one class of equity shares having a par value of Rs.10 per share. Each holder of equity share is entitled to one vote per share Shareholding of more than 5% shares in the Company

There is no share holder holding shares more than 5% of the total paid-up share capital as on 31.3.2012 and 31.3.2011 d No Shares are issued and/ or reserved under Employee Stock Option Scheme and as Bonus/or for consideration other than cash/or bought back during the year.

7 The company has adopted Accounting Standard 17 - "Segment Reporting" issued by the Institute of Chartered Accountants of India.

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Mar 31, 2011

A) In the opinion of Board of Directors, the "Current Assets, Loans & Advances" have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet.

b) Additional information pursuant to para 3, 4C,& 4D of Part-II of Schedule VI of the Companies Act, 1956 has been furnished to the extent applicable to the Company.

c) Balances of some of the Debtors, Creditors and Loans And Advances are subject to their confirmation & reconciliation from the respective parties. The management does not expect any of material difference affecting the financial statements for the year

d) On the basis of information available with the company, there are no outstanding dues, which are outstanding for more than 30 days as on 31/3/2011, to small-scale industrial undertakings.

e) Management has taken all the precautions to value the equity shares held as stock-in- trade and have valued at cost or market value whichever is lower except in few cases where the net worth of few of the unquoted equity shares are not available till finalization of the annual accounts and the same are valued at cost.