Notes to Accounts of Dynamic Portfolio Management & Services Ltd.

Mar 31, 2024

Note-24 - Additional Reg u la to ry Informations

(i) The company do not hold any immovable property during the year.

(ii) Company has not revalued its property/intangible assets.

No loans or advances are given to any promotor, directors, KMP and related parly which ^ ^J is repayable on demand or without specifying any term or period of repayment.

(rv) There is no Capital Work-in-Progress. Disclosure regarding the CWIP is not applicable.

. There is no Intangible Assets under Developments. Disclosure regarding the same is not applicable.

(vi) No Benami Property is held by Company.

The Company has no borrowing from bank or financial institution. There is no any submission regarding the same is applicable.

(viii) Company is not declared by any lender as wilful defauters.

^ ^ During the year company has not done any transaction with struckoff company / companies.

(x) During the year neither new charge was created nor satisfied.

(xi) Company has complied with provisions of layers of companies rule.

(xii) Ratios are disclosed in Note No. 25.

(xiii) Compliance with any approved scheme of Arrangements is not applicable.

. Utilization of Borrowed funds and share Premium: Company has not given or availed ^ ^J loan or advance to any intermediaries. No Dsclosure is required for the same.

. _A Corporate Social Responsibility: Company is not covered under section 135 of fxv) .~~_A . .

Companies Act.

(xvi) currency or virtual currency disclosure: Company has neither traded nor invested

in any Crypto currency or virtual currency.

. ... There is no any transaction which required to be recorded in the books of account, which

^[XV11) hus been surrended before Income Tax Authorities.

Footnote (i) There is changes in Capital to risk weighted Assets and Tier I CRAR ratio during the year as compare to last year because there is decrease in total risk weighted assets by more than 25% as compare to last year.

Footnote (ii) There is changes in Liquidity Coverage ratio during the year as compare to last year beause there is decrease in Cash and Cash Equivalents as compare to last year._

7. The company has no subsidiaries.

8. The balances of sundry debtors, creditors and loans and advances are subject to confirmation.

10. During the Financial year the provision of Section 135 related to the Corporate Social Responsibility of the Companies Act, 2013 is not applicable on the company.

11.

The Company is registered with the Reserve Bank of India as a NBFC within the provisions of the NBFC (Reserve Bank of India) Directions, 1998.

12. In the opinion of the management of the company the aggregate value of current assets, loans & advances if realized in the ordinary course of the business shall not be less than the amount at which these are stated in the Balance Sheet and the provision for all known liabilities are adequate.

14. Segmental Reporting

Indian Accounting Standard -108 ''Operating Segments'', the company has one segment only therefore the segment reporting is not applicable to the company.

15. Micro, Small and Medium Enterprises

The Company has not received any information from its suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act 2006, which came into effect from 2^nd October, 2006 and hence disclosure, if any, relating to amounts unpaid as on 31^st March, 2024 together with interest paid or payable as required under the Act, have not been given.

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Mar 31, 2015

1. Cash and Cash Equivalents

In the cash fow statement, cash and cash equivalents includes cash and cash cheques in hand, demand deposits with banks, other short-term highly liquid investments with original maturities of three months or less.

2. Significant and material Orders passed by the Regulators or Courts

SEBI vide Order No. WTM/RKA/ ISD/ 162 /2014 dated 19th December 2014 and re-confirmation Order No. WTM/RKA/ISD/31/2015 dated 20th April 2015 in the matter of dealing in the Shares of First Financial Services Limited where in the Company has been debarred from accessing Capital Market

For the time being. Further, there are no other significant and material orders passed by the Regulators/ Courts that would impact the going concern status of the Company and its future operations.

3. Previous Year figures have been regrouped / classified wherever necessary.

A Reconciliation of outstanding share not applicable as there is no movement during the year

B Terms/rights attached to equity shares

The company has only one class of equity shares having a par value of Rs. 10 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 share 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.

C The company has not issued any bonus shares or any shares for consideration other than cash, nor the company has bought during the period of five year immediately preceding the previous year

D Details of shareholders holding more than 5% shares in the company

4. Basic and diluted earnings per shares is computed by dividing the net Profit attributable to equity share holders for the year, by the weighted average number of equity shares outstanding during the year. For the purpose of calculating diluted earnings per share, the net Profit or loss for the year attributable to equity share holders and the weighted average number of shares outstanding during the year are adjusted for the effects of all dilutive potential equity shares.

5. RELATED PARTY DISCLOSURE

Names of related parties and related party relationship Key Management Person of Company

a) RAVI KUMAR NEWATIA

b) SUSHIL KUMAR MITTAL

c) ANIL KUMAR AGARWAL

d) SUNIL KUMAR GUPTA

e) ANITA MITTAL

Enterprises over Which Key Management Personnel have significant influence

Charishma Combines Pvt. Ltd.

Darshan Vyapaar Pvt. Ltd.

OM Vincom Pvt. Ltd.

Ranisati Mercantile Pvt. Ltd.

Ritesh Construction Pvt. Ltd.

Ritesh Real Estates Pvt. Ltd.

Ritesh Stock Broking Pvt. Ltd.

Shiv Shankar Securities Pvt. Ltd.

Speed Business Pvt. Ltd.

VPL Oil Marketing Pvt. Ltd.

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Mar 31, 2014

1. In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value state, if realized in the ordinary course of business. Provisions for all known liabilities are adequate and not in excess of the amount considered necessary for the same.

Contingent Liabilities

2. Contingent Liabilities not provided for - Rs. Nil

Particulars of Director''s Remuneration (In Rupees)

3. Rs. Nil has been paid to Directors as Directors'' Remuneration for the Year (P.Y. Rs. Nil)

Differed Tax on Income

4. Differed Tax Asset (Net) for the year ended 31st March 2014 amounts to Rs Nil

5. Sundry Debtors and creditors are subject to confirmation and reconciliation.

6. There are no Micro and Small Scale Business Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at March 31, 2014. This information as required to be disclosed under Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

7. Information pursuant to provisions of paragraph 3,4(C) and 4(D) of Part II of Schedule VI of the Companies Act, 1956 to the extent applicable is as under:

8. Previous years'' figures have been regrouped, rearranged wherever necessary to make them comparable with those of current year.

9. A Reconciliation of outstanding share not applicable as there is no movement during the year

B Terms/rights attached to equity shares

The company has only one class of equity shares having a par value of Rs. 10 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 share will be entitled to receive remaining assets of the company, after distribution of all perferential amounts.The distribution will be in proportion to the number of equity shares held by the shareholders.

C The company has not issued any bonus shares or any shares for consideration other than cash, nor the company has bought during the period of five year immediately preceeding the pervious year

D Details of shareholders holding more than 5% shares in the company

10. Basic and diluted earnings per shares is computed by dividing the net profit attributable to equity share holders for the year, by the weighted average number of equity shares outstanding during the year. For the purpose of calculating diluted earning per share, the net profit or loss for the year attributable to equity share holders and the weighted average number of shares outstanding during the year are adjusted for the effects of all dilutive potential equity shares.

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Mar 31, 2013

1. In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value state, if realized in the ordinary course of business. Provisions for all known liabilities are adequate and not in excess of the amount considered necessary for the same.

Contingent Liabilities

2. Contingent Liabilities not provided for – Rs. Nil

Particulars of Director''s Remuneration (In Rupees)

3. Rs. Nil has been paid to Directors as Directors'' Remuneration for the Year (P.Y. Rs. Nil)

Related Party Transactions

4. Key Management Personnel –

a. Mr. Arun Kr. Agarwal

b. Ravi Kr. Newatia

5. Subsidiary & Group Companies or Companies under same management –

1. Ritesh Real Estates Private Limited

2. Ritesh Construction Private Limited

3. Charisma Combines Private Limited

4. Ranisati Mercantile Private Limited

5. Indo Polysacks Private Limited

6. Shiv Shankar Securities Private Limited

7. Speed Business Private Limited

8. Ritesh Stock Broking Private Limited

9. Om Vincom Private Limited

10. VPL Oil Marketing Private Limited

11. Darshan Vyapaar Private Limited

Differed Tax on Income

6. Differed Tax Asset (Net) for the year ended 31st March 2013 amounts to Rs Nil

7. Sundry Debtors and creditors are subject to confirmation and reconciliation.

8. There are no Micro and Small Scale Business Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at March 31, 2013. This information as required to be disclosed under Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

9. Information pursuant to provisions of paragraph 3,4(C) and 4(D) of Part II of Schedule VI of the Companies Act, 1956 to the extent applicable is as under:

10. Previous years'' figures have been regrouped, rearranged wherever necessary to make them comparable with those of current year.

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Mar 31, 2012

1. None of the Raw Materials, Stores, Spares and Components consumed or purchased during the year have been imported.

2. None of the Earnings / Expenditures is in Foreign Currency.

3. Balance of Debtors, Creditors, Deposits, Loans and Advances are subject to confirmation.

4. In the opinion of the Board, the Current Assets, Loans & Advances are approximately of the value stated if realized in the ordinary course of business. The provision for depreciation and all known liabilities are adequate and not in excess of the amounts reasonably necessary.

5. Investments of the Company have been considered by the management to be of a long term nature and hence they are long term investments and are valued at cost of acquisitions.

Segment Report

6. Segment reporting as defined in Accounting Standard 17 is not applicable as the Company is primarily engaged in NBFC Activities as well as Investments in Shares & Securities. As informed to us, there are not separate segment within the Company as defined as 17 (Segment Report).

7. In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value state, if realized in the ordinary course of business. Provisions for all known liabilities are adequate and not in excess of the amount considered necessary for the same.

Contingent Liabilities

8. Contingent Liabilities not provided for - Rs. Nil

Particulars of Director's Remuneration (In Rupees)

9. Rs. Nil has been paid to Directors as Directors' Remuneration for the Year (P.Y. Rs. Nil)

Related Party Transactions

10. Key Management Personnel -

a. Mr. Arun Kr. Agarwal

b. Ravi Kr. Newatia

c. Ritesh Kr. Newatia

d. Prasanta Dhar

e. Vikash Kr. Agarwal

f. Ashok Bothra

11. Subsidiary & Group Companies or Companies under same management -

i. Ritesh Real Estates Pvt Ltd

ii. Ritesh Construction Pvt Ltd

iii. Charisma Combines Pvt Ltd

iv. Ranisati Mercantiles Pvt Ltd

v. Indo Polysacks Pvt Ltd

vi. Shiv Shankar Securitiies Pvt Ltd

vii. Speed Business Pvt Ltd

viii. Ritesh Stock Broking Pvt Ltd

ix. Om Vincom Pvt Ltd

x. VPL Oil Marketing Pvt Ltd

xi. Darshan Vyapaar Pvt Ltd

12. Differed Tax Asset (Net) for the year ended 31st March 2012 amounts to Rs Nil

13. Sundry Debtors and creditors are subject to confirmation and reconciliation.

14. There are no Micro and Small Scale Business Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at March 31, 2012. This information as required to be disclosed under Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

15. Information pursuant to provisions of paragraph 3,4(C) and 4(D) of Part II of Schedule VI of the Companies Act, 1956 to the extent applicable is as under:

16. Previous years' figures have been regrouped, rearranged wherever necessary to make them comparable with those of current year.

A Reconciliation of outstanding share not applicable as there is no movement during the year

B Terms/rights attached to equity shares

The company has only one class of equity shares having a par value of Rs. 10 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 share will be entitled to receive remaining assets of the company, after distri- bution of all perferential amounts.The distribution will be in proportion to the number of equity shares held by the shareholders.

C The company has not issued any bonus shares or any shares for consideration other than cash, nor the company has bought during the period of five year immediately preceeding the pervious year

17 Basic and diluted earnings per shares is computed by dividing the net profit attributable to equity share holders for the year, by the weighted average number of equity shares outstanding during the year. For the purpose of calculating diluted earning per share, the net profit or loss for the year attributable to equity share holders and the weighted average number of shares outstanding during the year are adjusted for the effects of all dilutive potential equity shares.

18 RELATED PARTY DISCLOSURE

Names of related parties and related party relationship Key Management Person of Company

a) RITESH KUMAR NEWATIA

b) RAVI KUMAR NEWATIA

c) ARUN KUMARAGARWAL

d) VIKAS KUMARAGARWAL

e) ASHOK BOTHRA

f) PRASANTADHAR

Enterprises over Which Key Management Personnel have significant infulance

Ritesh Real Estates Pvt. Ltd.

Ritesh Construction Pvt. Ltd.

Charishma Combines Pvt. Ltd.

Ranisati Mercantile Pvt. Ltd.

Indo Polysacks Pvt. Ltd.

Shiv Shankar Securities Pvt. Ltd.

Speed Business Pvt. Ltd.

Ritesh Stock Broking Pvt. Ltd.

OM Vincom Pvt. Ltd.

VPL Oil Marketing Pvt. Ltd.

Darshan Vyapaar Pvt. Ltd.

19 Previous year figures

Till the year ended 31st March 2011, the company was using pre-revised Schedule VI to the Companies Act 1956, forpreparation and presentation of its financial statements. During the year ended 31st March 2012,. The revised Schedule Vlnotified under the Companies Act 1956, has become applicable to the company. The company has reclassified previous yearfiguresto conform to this year's classification. The adption of revised Schedule VI does not impact recognition and measurement principles followed for preparation of financial statements, particularly presentation of balance sheet.

20. General Information

DYNAMIC PORTFOLIO MANAGEMENT AND SERVICES LIMITED having Registered Office at 53A, Mirza Ghalib Street, 4th Floor, Kolkata-700016. The Company has carried on NBFC Business during the financial Year 2011-12. The Company is a public limited company and its shares are listed in Bombay Stock Exchange Limited.

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Mar 31, 2010

1. In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value state, if realized in the ordinary course of business. Provisions for all known liabilities are adequate and not in excess of the amount considered necessary for the same.

Contingent Liabilities

2. Contingent Liabilities not provided for - Rs. Nil Particulars of Directors Remuneration (In Rupees)

3. Rs. Nil has been paid to Directors as Directors Remuneration for the Year (RY. Rs. Nil) Related Party Transactions

4. Key Management Personnel -

a. Mr. Arun Kr. Agarwal

b. Ravi Kr. Newatia

c. Ritesh Kr. Newatia

d. S. C. Agarwala

e. Vikas Kr. Agarwal

f. Ashok Bothra

5. Subsidiary & Group Companies or Companies under same management -

i. Ambaa Securities Pvt Ltd

ii. Ritesh Commercial Holdings Ltd

iii. Ritesh Properties Pvt Ltd

iv. Ritesh Real Estates Pvt Ltd

v. Ritesh Construction Pvt Ltd

vi. Ritesh Nirmaan Pvt Ltd

vii. Ritesh Projects Pvt Ltd

viii. Shivshankar Securities Pvt Ltd

ix. Speed Business Pvt Ltd

x. Ritesh Stock Broking Pvt Ltd

xi. Om Vincom Pvt Ltd

xii. VPL Oil Marketing Pvt Ltd

xiii. Darshan Vyapaar Pvt Ltd

6. Differed Tax Asset (Net) for the year ended 31st March 2010 amounts to Rs 292/-

7. Sundry Debtors and creditors are subject to confirmation and reconciliation.

8. There are no Micro and Small Scale Business Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at March 31, 2010. This information as required to be disclosed under Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Com- pany.

9. Information pursuant to provisions of paragraph 3,4(C) and 4(D) of Part II of Schedule VI of the Companies Act, to the extent applicable is as under:

10. Previous years figures have been regrouped, rearranged wherever necessary to make them comparable with those of current year.