Notes to Accounts of Encash Entertainment Ltd.

Mar 31, 2024

(xi) Provisions, Contingent Liabilities and Contingent Assets

Provision is recognized when there is a present obligation as a result of past event that probably requires an
outflow of resources and a reliable estimate can be made of the amount of the obligation. Disclosure of
contingentliability is made when there is a possible obligation or a present obligation that may, but probably will
not, require an outflow of resources. No provision is recognized or disclosure for contingent liabilities is made
when there is a possible obligation or a present obligation and the likelihood of outflow of resources is remote.
Contingent Asset isneither recognized not disclosed in the financial statements.

(xii) Earnings per Share

Basic earnings per share is calculated by dividing the net profit or loss for the period attributable to equity
shareholders by the weighted average number of equity shares outstanding during the period.

Diluted earnings per shares is calculated by adjustments of all the effects of dilutive potential equity shares from
the net profit or loss for the period attributed to equity shareholders on weighted average numbers of shares
outstanding during the period.

27. Figures of previous year are regrouped, recasted and rearranged wherever necessary.

28. Figures are rounded off to nearest Thousand (''000).

29. Additional Regulatory Information Required by Schedule III

(i) Title deeds of immovable properties not held in name of the company

The title deeds of all the immovable properties (other than properties where the Company is the lessee and
the lease agreements are duly executed in favour of the lessee), are held in the name of the Company.

(ii) Valuation of PP&E, intangible asset and investment property

The Company has not revalued its property, plant and equipment (including right-of-use assets) or
intangible assets during the current or previous year.

(iii) Loans or advances to specified persons

The Company has not granted any loans or advances to promoters, directors, KMPs and related parties
either severally or jointly with any other person, that are:

(a) repayable on demand or

(b) without specifying any terms or period for repayment

(iv) Details of Benami Property held

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.

(v) Borrowing secured against current assets

The Company doesn’t have any borrowings from banks and / or financial institutions

(vi) Wilful Defaulter

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

(vii) Relationship with Struck off Companies

The Company has no transactions with the companies struck off under the Companies Act, 2013

(viii) Registration of charges or satisfaction with Registrar of Companies

There are no charges or satisfaction which are yet to be registered with the Registrar of Companies
beyond the statutory period

(ix) Compliance with number of layers of companies

The Company has complied with the number of layers prescribed under the Companies Act, 2013.

(x) Compliance with approved Scheme(s) of Arrangements

The Company has not entered into any scheme of arrangement which has an accounting impact on
current of previous financial year

(xi) Utilization of Borrowed funds and share premium:

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

(xii) Undisclosed Income

There is no income surrendered or disclosed as income during the current or previous year in the tax
assessments under the

(xiii) Details of crypto currency of virtual currency

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

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Mar 31, 2015

1) COMPANY INFORMATION :

Encash Entertainment Limited (the Company) is a public limited company domicile in India and incorporated under the Companies Act, 1956. Its shares are listed on the Bombay Stock Exchange (BSE) SME since 29th September, 2014. It is mainly engaged in the business of entertainment and style & fashion garments sector.

26 Related Party Transactions

Associate Company : Encash Securities Ltd. Daga Pictures Ltd.

Directors / Key Management Personnel : Sachet Saraf Rashmi Saraf

Others - Direct : Shakuntala Saraf Pankaj Saraf Kashi Nath Saraf

28 Figures of previous year are regrouped, recasted and rearranged wherever necessary.