Notes to Accounts of Dhenu Buildcon Infra Ltd.

Mar 31, 2025

3.22. Provisions, Contingent Liabilities and Contingent Assets

3.22.1. Provisions

Provisions are recognized when there is a present obligation [legal or constructive) as a result of a past event
and it is probable that an outflow of resources embodying economic benefits will be required to settle the
obligation and a reliable estimate can be made of the amount of the obligation. Provisions are determined by
discounting the expected future cash flows [representing the best estimate of the expenditure required to
settle the present obligation at the balance sheet date) at a pre-tax rate that reflects current market
assessments of the time value of money and the risks specific to the liability. The unwinding of the discount
is recognized as finance cost.

3.22.2. Contingent Liabilities

Contingent liability is a possible obligation arising from past events and the existence of which will be
confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly
within the control of the Company or a present obligation that arises from past

events but is not recognized because it is not possible that an outflow of resources embodying economic
benefit will be required to settle the obligations or reliable estimate of the amount of the obligations cannot
be made. The Company discloses the existence of contingent liabilities in Other Notes to Financial
Statements.

3.22.3. Contingent Assets

Contingent assets usually arise from unplanned or other unexpected events that give rise to the possibility of
an inflow of economic benefits. Contingent Assets are not recognized though are disclosed, where an inflow
of economic benefits is probable.

3.22.4. Intangible Assets

3.22.4.1. Recognition and Measurement

Intangible assets are stated at cost on initial recognition and subsequently measured at cost less
accumulated amortization and accumulated impairment loss, if any.

3.23. Amortization

3.23.1. Software''s are amortized over a period of three years.

3.23.2. The amortization period and the amortization method are reviewed at least at the end of each
financial year. If the expected useful life of the assets is significantly different from previous
estimates, the amortization period is changed accordingly.

3.24. Operating Segment

Operating segments are reported in a manner consistent with the internal reporting provided to the chief
operating decision maker. The chief operating decision maker of the Company is responsible for allocating
resources and assessing performance of the operating segments and accordingly is identified as the chief
operating decision maker. The Company has identified one reportable segment only based on the
information reviewed by the CODM.

4. SIGNIFICANT JUDGEMENTS AND KEY SOURCES OF ESTIMATION IN APPLYING ACCOUNTING

POLICIES

4.1. Estimates and judgments are continually evaluated. They are based on historical experience and
other factors, including expectations of future events that may have a financial impact on the
Company and that are believed to be reasonable under the circumstances. Information about
Significant judgments and Key sources of estimation made in applying accounting policies that
have the most significant effects on the amounts recognized in the financial statements is included
in the following notes:

4.2. Recognition of Deferred Tax Assets: The extent to which deferred tax assets can be recognized is
based on an assessment of the probability of the Company’s future taxable income against which
the deferred tax assets can be utilized. In addition, significant judgment is required in assessing the
impact of any legal or economic limits.

4.3. Classification of Leases: The Company enters into leasing arrangements for various assets. The
classification of the leasing arrangement as a finance lease or operating lease is based on an
assessment of several factors, including, but not limited to, transfer of ownership of leased asset at
end of lease term, lessee''s option to purchase and estimated certainty of exercise of such option,
proportion of lease term to the asset’s economic life, proportion of present value of minimum lease
payments to fair value of leased asset and extent of specialized nature of the leased asset

4.4. Where the rate implicit in the lease is not readily available, an incremental borrowing rate is applied.
This incremental borrowing rate reflects the rate of interest that the lessee would have to pay to
borrow over a similar term, with a similar security, the funds necessary to obtain an asset of a similar
nature and value to the right of-use asset in a similar economic environment. Determination of the
incremental borrowing rate requires estimation.

4.5. Defined Benefit Obligation (DBO): Employee benefit obligations are measured on the basis of
actuarial assumptions which include mortality and withdrawal rates as well as assumptions
concerning future developments in discount rates, medical cost trends, anticipation of future salary
increases and the inflation rate. The Company considers that the assumptions used to measure its
obligations are appropriate. However, any changes in these assumptions may have a material
impact on the resulting calculations.

4.6. Provisions and Contingencies: The assessments undertaken in recognising provisions and
contingencies have been made in accordance with Indian Accounting Standards (Ind AS] 37,
''Provisions, Contingent Liabilities and Contingent Assets''. The evaluation of the likelihood of the
contingent events is applied best judgment by management regarding the probability of exposure
to potential loss.

4.7. Impairment of Financial Assets: The Company reviews it carrying value of investments carried at
amortized cost annually, or more frequently when there is indication of impairment. If recoverable
amount is less than its carrying amount, the impairment loss is accounted for.

4.8. Allowances for Doubtful Debts: The Company makes allowances for doubtful debts through
appropriate estimations of irrecoverable amount. The identification of doubtful debts requires use
of judgment and estimates. Where the expectation is different from the original estimate, such
difference will impact the carrying value of the trade and other receivables and doubtful debts
expenses in the period in which such estimate has been changed.

4.9. Fair value measurement of financial Instruments: When the fair values of financial assets and
financial liabilities recorded in the balance sheet cannot be measured based on quoted prices in
active markets, their fair value is measured using valuation techniques including the Discounted
Cash Flow model. The input to these models are taken from observable markets where possible,
but where this not feasible, a degree of judgement is required in establishing fair values.
Judgements include considerations of inputs such as liquidity risk, credit risk and volatility.

Other Notes

4.10. Details of Crypto / Virtual Currency

There were no Transaction and Financial Dealing in Crypto / Virtual Currency during the Financial Year

2024-25

4.11. There are no micro, Small and Medium Enterprises, to whom the Company owes dues which
outstanding for more than 45 days as at 31^st March 2025. This information as required to be
disclosed under the micro, small and medium Development Act, 2006 has been determined to the
extent such parties have been identified on the basis of information available with company.

The Note Referred to above form as an integral part of Balance Sheet.

For Subramaniam Bengali & _{For DHENU BUILD£0N} ,_{NFRA LIMrrED}

Associates

Chartered Accountants

BHAVESH

(CA. S GANESH) CHANDRAKANT NITESH SINGH

MEHTA

Partner (Director & CFO] (Director]

M. No. 045117 DIN No-10617857 DIN-08751700

B-303 Raman Ashish, _ .. „ ,

, , Rose men lena, Howrah

shantilalmodi cross rd. . .. ... ^_ ,

FRN 127499W „ , 1, Haora, West Bengal -

no 2 maharastra - 711101

400067

Place: Mumbai

Dated: 30/05/2025 Date: 30/05/2025 Date: 30/05/2025

UDIN:25045117BMIPZT2527

---

Mar 31, 2024

xi Provisions and Contingent Liabilities

Provisions are recognised when the Company has a present obligation (legal or constructive) as a
result of a past event, it is probable that an outflow of resources embodying economic benefits will be
required to settle the obligation and a reliable estimate can be made of the amount of the obligation.
When the Company expects some or all of a provision to be reimbursed, for example, under an
insurance contract, the reimbursement is recognised as a separate asset, but only when the
reimbursement is virtually certain. The expense relating to a provision is presented in the statement of
profit and loss net of any reimbursement. Contingent Liabilities are not recognised but are disclosed in
the notes. Contingent Assets are neither recognized nor disclosed in the financial statements.

xii Provisioning / Write-off of Assets

The Company makes provision for Standard and Non-Performing Assets as per the Non-Systemically
Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms
(Reserve Bank) Directions, 2015, as amended from time to time. The Company also makes additional
provision towards loan assets, to the extent considered necessary, based on the management''s best
estimate. Provision for other financial services is also made on similar basis.

xiii Financial Instruments
Initial recognition

The company recognises the "financial asset and "financial liabilities when it becomes a party to the
contractual provisions of the instruments. All the "financial assets and "financial liabilities are
recognised at fair value on initial recognition, except for trade receivable which are initially recognised
at transaction price. Transaction cost that are directly attributable to the acquisition of issue of "financial
asset and "financial liabilities, that are not at fair value through profit and loss, are added to the fair
value on the initial recognition.

Subsequent measurement

Non derivative financial instruments

Financial Assets at amortised cost

This category is the most relevant to the Company. All the Loans and other receivables under "financial
assets (except Investments) are non-derivative "financial assets with "fixed or determinable payments
that are not quoted in an active market. Trade receivables do not carry any interest and are stated at
their nominal value as reduced by impairment amount.

Investments

Investments are classified into Non-Current and Current Investments.

Non-Current Investments are carried at cost. Provision for diminution, if any, in the value of each Non¬
Current Investments is made to recognise a decline, other than of a temporary nature.

Current investments are carried individually at lower of cost and fair value and the resultant decline, if
any, is charged to revenue.

Financial Assets at Fair Value through Profit or Loss/Other comprehensive income

Instruments included within the FVTPL category are measured at fair value with all changes recognized
in the Statement of Profit and Loss.

If the company decides to classify an instrument as at FVTOCI, then all fair value changes on the
instrument, excluding dividends, are recognized in the OCI. There is no recycling of the amounts from
OCI to P&L, even on sale of investment. However, the company may transfer the cumulative gain or
loss within equity.

Financial liabilities

The measurement of "financial liabilities depends on their classification, as described below:

T rade & other payable

After initial recognition, trade and other payables maturing within one year from the Balance sheet date,
the carrying amounts approximate fair value due to the short maturity of these instruments.
Derecognition

A "financial liability is derecognised when the obligation under the liability is discharged or cancelled or
expires. When an existing "financial liability is replaced by another from the same lender on
substantially different terms, or the terms of an existing liability are substantially modified, such an
exchange or modification is treated as derecognition of the original liability and the recognition of a new
liability. The difference in the respective carrying amounts is recognised in the statement of profit or
loss.

xiv Cash and Cash Equivalents

Cash and cash equivalent in the balance sheet comprise cash at banks and on hand and short-term
deposits which are subject to an insignificant risk of changes in value.

xv Inventories

Inventory representing project work-in-progress is valued at cost, which includes expenditure incurred
for development, other related cost and cost of land. Other inventories in the nature of textile goods are
valued at Cost.

xvi Employee Benefits

Company does not have any policy for Leave Encashment or any other pension plans/schemes. All the
unused leaves outstanding as on 31st March gets lapsed and does not get accumulated.

xvii Earning Per Share

Basic and diluted earnings per share are computed by dividing the net profit attributable to equity
shareholders for the year, by the weighted average number of equity shares outstanding during the
year.

xviii Segment Reporting

The company identifies primary segments based on the dominant source, nature of risks and returns
and the internal organization and management structure. The operating segments are the segments for
which separate financial management in deciding how to allocate resources and in assessing
performance. The accounting policies adopted for segment reporting are in line with the accounting
policies of the company. Segment revenue, segment expenses, segment assets and segment liabilities
have been identified to segments on the basis of their relationship to the operating activities of the
segment.

xix Leases

The Company''s lease asset classes primarily consist of leases for land and buildings. The Company, at
the inception of a contract, assesses whether the contract is a lease or not lease. A contract is, or
contains, a lease if the contract conveys the right to control the use of an identified asset for a time in
exchange for a consideration. This policy has been applied to contracts existing and entered into on or
after April 1, 2019.

The Company recognizes a right-of-use asset and a lease liability at the lease commencement date.
The right-of-use asset is initially measured at cost, which comprise the initial amount of the lease
liability adjusted for any lease payments made at or before the commencement date, plus any initial
direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to
restore the underlying asset or the site on which it is located, less any lease incentives received.

The right-of-use asset is subsequently depreciated using the straight-line method from the
commencement date to the end of the lease term.

The lease liability is initially measured at the present value of the lease payments that are not paid at
the commencement date, discounted using the Company''s incremental borrowing rate. It is re¬
measured when there is change in future lease payments arising from a change in an index or rate, if
there is a change in the Company''s estimate of the amount expected to be payable under a residual
value guarantee, or if the Company changes its assessment of whether it will exercise a purchase,
extension or termination option. When the lease liability is re-measured in this way, a corresponding
adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the
carrying amount of the right-of-use asset has been reduced to zero.

The Company has elected not to recognize right-of-use assets and lease liabilities for short-term leases
that have a lease term of 12 months or less and leases of low-value assets. The Company recognize
the lease payments associated with these leases as an expense over the lease term.

Lease payments and receipts under operating leases are recognized as an expense and income
respectively, on a straight line basis in the statement of profit and loss over the lease term except where
the lease payments are structured to increase in line with expected general inflation.

15 NOTES TO ACCOUNT

i Deferred Tax

Under previous GAAP, Deferred Taxes are recognised for the tax effects of timing difference between
accouting profit and taxable profit for the year using the Income Statement approach, Under Ind AS,
Deferred Taxes are required to be recoginsed using the balance sheet approach for future tax
consequences of temporary differences between the carrying value of assets and liabilities and their
respective tax bases. Further, Deferred Tax asset shall be recognised for the carry forward of unused tax
losses and credits to the extent that it is probable that future taxable profit will be available against which
the unused tax losses and credits can be utilised as against virtual certainty for future taxable profit as
required by previous GAAP. Deferred Tax has been recoginsed on the adjustments made on transition to
Ind AS for the purpose of Financial Statement.

ii Capital Commiments

The estimated amount of contracts remaining to be executed on capital account to the extent not
provided for Rs. NIL (Previous year Rs.NIL ).

iii Segment Information

The Company is engaged solely in Trading activity segment and all activities of the Company revolve
around this business. As such there are no other reportable segment as defined by Accounting Standard
17 on "Segment Reporting" issued by the Institute of Chartered Accountants of India.

The Company operates only in India and therefore the analysis of geographical segments is limited to
Indian operations only.

Note :

1) The Company had reviewed all its pending litigations and proceeding and has adequately provided for
where provisions are required and disclosed as contigent liabilities where applicable, in the financial
statements. The Company does not expect the outcomes of these proceedings to have a materially
adverse effect on its financial results.

2) It is not practicable for the Company to estimate the timings of cash outflows, if any, in respect of the
above pending resolution of the respective proceedings as it is determinable only on receipt of
judgements/decisions pending with various forums/authorities.

The company does not anticipate any liability on account of pending income tax , Goods and Service
Tax, State Sales Tax and Service Tax assessments.

x Going Concern

The Company''s financial statements are prepared on a going concern basis, which contemplates the
realization of assets and the satisfaction of obligations in the normal course of business. However, the
Company has not generated any revenues to date and has accumulated losses to date. The Company
does not currently have any revenue generating operations. These conditions, among others, raise
substantial doubt about the ability of the Company to continue as a going concern.
In view of these matters, continuation as a going concern is dependent upon continued operations of the
Company, which in turn is dependent upon the Company''s ability to, meets its financial requirements,
raise additional capital, and the success of its future operations. The financial statements do not include
any adjustments to the amount and classification of assets and liabilities that may be necessary should
the Company not continue as a going concern.

Management plans to fund operations of the Company through advances from existing shareholders,
private placement of restricted securities or the issuance of stock in lieu of cash for payment of services
until such a time as a business combination or other profitable investment may be achieved. There are
no written agreements in place for such funding or issuance of securities and there can be no assurance
that such will be available in the future. Management believes that this plan provides an opportunity for
the Company to continue as a going concern.

xi Quarterly financial results are published in accordance with the guidelines issued by SEBI. The
recognition and measurement principles as laid down in the standards are followed with respect to such
results.

xii At the balance sheet date, an assessment is done to determine whether there is an indication of
impairment in the carrying amount of the fixed assets. No impairment loss is determined.

xiii The Company has not received any information / memorandum from the suppliers ( as required to be
filed by Suppliers / Vendors with the notified authority under Micro,Small and Medium Enterprises
Development Act,2006), claiming their status as Micro,Small or Medium Enterprises.Consequently, the
amount paid / payable together with interest paid / payable to these parties under the Act is Nil.

xiv In terms of provisions of Schedule V of the Companies Act,2013 read with the Companies (Particulars of
Employees) Rules,1975 none of the employees are in receipt of remuneration in excess of Rs 5,00,000
per month or Rs 60,00,000 p.a. as per the limits stated in the provisions.

xv The disclosures required under Indian Accounting Standard 19 “Employee Benefits” notified in the
Companies ( Indian Accounting Standard ) Rules 2006 is not relevant to the Company as informed by the
management that retirement benefits are not given to the employees of the Company.Thus no actuarial
valuation has been done and provided by the Company.

xvi Previous year''s figures have been rearranged / regrouped wherever necessary.

As per our report of even date

For Subramaniam Bengali & Associates For and on behalf of the Board

Chartered Accountants

Firm Reg No: 127499W

CA - S. Ganesh Jenifer John Machado Samira Maharishi

Partner Director Director & CFO

Mem No: 045117 DIN : 07916179 DIN : 07089229

UDIN No.:

Mumbai, Dated : 27th May, 2024 Aryamba Taluja

Company Secratory

---

Mar 31, 2015

1- The above cash flow statement has been prepared under the "Indirect Method" as sej out in the Accounting Standard -3 on Cash Flow Statement issued by the Institute of Chartered Accountants of India.

2. Previous Year's figure have been regrouped, rearranged, wherever necessary, to correspond with the current year's classification/disclosure.

Notes:

a) The Company has only one class of equity shares having a par value of Re. 1/- per share. Each holder of equity share is entitled to same right based on the number of shares held.

U Based on information so far available with the Company, there are no dues payable to MSME as defined in the Micro, Small and Medium Enterprises Development Act,2006.

The major components of deferred tax assets/ liabilities, based on the tax effect of the timing difference as at the year end. Deferred tax is accounted using the tax rates and laws that are enacted or substantively enacted as on the balance sheet date.

3. RELATED PARTY DISCLOSURES

i. List of Related Parties with whom transaction have taken place & Relationship.

Name of the Related Party Relationship

a. Manoj Himatsinghka Key Management Personnel

b. Rajkumar Mall Key Management Personnel

c. Madhumati Gawde Key Management

Personnel

iii. Balance outstanding at the year end in respect of related parties is Rs. 100,00(y-(P.Y.Nil}

Notes:

1. The company do not anticipate any liability on account of counter guarantees given to bank for various lesn facility availed by associated concerns.

1 The company does not anticipate any liability except above on account of pending income tax .

4. SEGMENT REPORTING

fc The Company is engaged solely in Trading activity segment and all activities of the Company revolve around this business. As such there are no other reportable segment as defined by Accounting Standard 17 on "Segment Reporting" issued by the Institute of Chartered Accountants of India.

5. DISCLOSURES REQUIRED UNDER SECTION 22 OF THE MICRO, SMALL AND MEDIUM ENTERPRISES

DEVELOPMENT ACT, 2006:

The company has no information as to whether any of its suppliers constitute micro, small and medium enterprises as per Micro, Small & Medium Enterprises Development Act, 2006 and therefore, the amount due to such suppliers has not been identified.

6. EMPLOYEES BENEFIT PLANS:

The management is of the opinion that since none of the employees of the company were in continuous service of more than five years, requirement of provision for gratuity does not arises. The management is also of the opinion that the provisions of payment of pension Act are not applicable to the company.

Note: The company has not accounted deferred tax assets arising out of business and other losses, since the company do not expect reasonably/ virtual certainty that sufficient future taxable income will be available against which such deferred tax assets can be realized.

7. PREVIOUS YEAR FIGURES

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

I. The Ballot Form should be completed and signed by the sole/first named member.

In case of joint holding, this Form should be completed and signed by the first named member and in his absence by the next named joint holder. The signature of the member on this Ballot Form should be as per the specimen signature registered with the Company or furnished by Central Depository Services (India) Limited to the Company, in respect of shares held in the physical form or dematerialized form, respectively .

II. In case of shares held by Companies, trusts, societies, etc., the duly completed Ballot Form should be accompanied by a certified true copy of the Board Resolution/ Authorization together with attached specimen signature(s) of the duly authorized signatories.

III. Member holding shares in dematerialized form are advised, in their own interest, to get their signatures verified by their Banker/Depository Participant (DP), Signatures should be verified by the Manager of the concerned Bank/DP by affixing a rubber stamp/seal mentioning name and address of the Bank/DP and name, stamp and signature of the Manager. Rs,

IV. Member are requested not to send any other paper along with the Ballot Form and any other paper found in the envelope, the same would not be l considered and would be destroyed by the Scrutinizes

V. The votes should be cast in for or against the Resolution putting the tick mark (V) in the column for assent or dissent. Ballot form bearing (V) in both the column will render the form invalid. Incomplete, unsigned, incorrectly filled Ballots will be subject to rejection by the Scrutinizer.

VI. There will be one Ballot Form for every Folio/Client ID irrespective of the number of the joint holders.

VII. The Ballot shall not be exercised by a Proxy.

VIII. Ballot Form - Votes will be considered invalid on the following grounds:

(i) If the member's signature does not tally. (ii) If the member has marked all his shares both in favor and also against the resolutions (iii) If the Ballot paper is unsigned.

(iv)If the Ballot paper filled in pencil or signed in pencil. (v) If the Ballot paper received torn or defaced or mutilated to an extent that it is difficult for the Scrutinizer to identify either the member or the number of votes or as to whether the votes are in favor or against or if the signature could not be checked or one or more of the above grounds. ,

IX. The Scrutinized decision on the validity of the Ballot will be final. Address of Scrutinizer:

Mr. Arvind Baid -Scrutinizer, 401/A, Pearl Arcade, Opp. P. K. Jewellers, Dawood Baug Lane, Off J. P. Road, Andheri (West), Mumbai - 400 058

---

Mar 31, 2014

Segment Reporting

The Company is engaged solely in Trading activity segment and all activities of the Company revolve around this business. As such there are no other reportable segment as defined by Accounting Standard 17 on "Segment Reporting" issued by the Institute of Chartered Accountants of India.

---

Mar 31, 2013

(1) Segment Reporting

The Company is engaged solely in investment activity during the year and all activities of the Company revolve around this activity. As such there are no reportable segment as defined by Accounting Standard 17 on Segment Reporting issued by the Institute of Chartered Accountants of India.

(2) Previous year figures

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

---

Mar 31, 2012

1. Contingent Liabilities & Provisions :

The Company has received demand notice in respect of certain assessment years on account of interest levy amounting to Rs. 2,70,076 (previous year Rs.3,83,470/-) for which Company has preferred appeals. (Provisions have been made for the same.)

2. The Company during the year earned Income from Infrastructure activities, Previous Year has no income.

3. The Company does not owe any sum to Small Scale Industrial Undertaking.

4. The company had no employee during the year and previous year.

5. The balance amount of Rs. 67,503/- recoverable from Killick Nixon Ltd (Related Party) is as our books and subject to Reconciliation.

6. Previous Year's figures have been regrouped/rearranged/reclassified wherever necessary.

---

Mar 31, 2010

1. Contingent Liabilities:

The Company had received demand notice in respect of certain assessment years on account of interest levy amounting to Rs. 2,70,076 (previous year Rs.270,076) for which Company has preferred appeals. No provision has been made in the accounts.

The estimated amount of contract remaining to be executed on capital account and not provided for Rs.NIL (previous year Rs.NIL)

2. The Company during the year no Income, Previous Year has only one segment of income, from Stock Market stock derivative operations.

3. Amount of unpaid dividend of Rs. 6761/- for the year 1998-99 is yet to be transferred to Investor Education and Protection Fund as required under Section 205 A (5) of the Companies Act, 1956.

4. The Company does not owe any sum to Small Scale Industrial Undertaking.

5. The company had no employee during the year and previous year.

6. The balance amount of Rs. 18,60,714/- recoverable from Killick Nixon Ltd it as our books and subject to Reconciliation.

10. Previous Years figures have been regrouped/rearranged/reclassified wherever necessary.

---

Mar 31, 2009

1. Contingent Liabilities :

The Company had received demand notice in respect of certain assessment years on account of interest levy amounting to Rs. 2,70,076 (previous year Rs.270,076) for which Company has preferred appeals. No provision has been made in the accounts.

The estimated amount of contract remaining to be executed on capital account and not provided for Rs.NIL (previous year Rs.NIL)

2. Related Party Disclosures under AS-18 issued by the Institute of Chartered Accountants of India.

3. The Company during the year no Income, Previous Year has only one segment of income, from Stock Market stock derivative operations.

4. Amount of unpaid dividend of Rs. 6761/- for the year 1998-99 is yet to be transferred to Investor Education and Protection Fund as required under Section 205 A (5) of the Companies Act, 1956.

5. The Company does not owe any sum to Small Scale Industrial Undertaking.

6. The company had no employee during the year and previous year.

7. The balance amount of Rs. 1986215/- recoverable from Killick Nixon Ltd it as our books and subject to Reconciliation.

8. Previous Years figures have been regrouped/rearranged/reclassified wherever necessary.