Notes to Accounts of Filatex Fashions Ltd.

Mar 31, 2025

2.13. Provisions, Contingent Liabilities and Contingent Assets:

The Company recognizes provisions when there is present obligation as a result of
past event and it is probable that there will be an outflow of resources and reliable
estimate can be made of the amount of the obligation. A disclosure for Contingent
liabilities is made in the notes on accounts when there is a possible obligation or
present obligations that may, but probably will not, require an outflow of
resources.

Contingent assets are disclosed in the financial statements when flow of economic
benefit is probable.

2.14. Revenue Recognition

Revenue from construction/project related activity and contracts for
supply/commissioning of complex plant and equipment is recognised as follows:

2.14.1. Cost plus contracts: Revenue from cost plus contracts is
determined with reference to the recoverable costs incurred during the period and
the margin as agreed with the customer.

2.14.2. Fixed price contracts: Contract revenue is recognised only to the
extent of cost incurred till such time the outcome of the job cannot be ascertained
reliably subject to condition that it is probable that such cost will be recoverable.
When the outcome of the contract is ascertained reliably, contract revenue is
recognised at cost of work performed on the contract plus proportionate margin,
using the percentage of completion method. Percentage of completions the
proportion of cost of work performed to-date, to the total estimated contract costs.

The estimated outcome of a contract is considered reliable when all the following
conditions are satisfied:

i. the amount of revenue can be measured reliably.

ii. it is probable that the economic benefits associated with the contract will
flow to the company.

iii. the stage of completion of the contract at the end of the reporting period
can be measured reliably; and

iv. the costs incurred or to be incurred in respect of the contract can be
measured reliably.

Expected loss, if any, on a contract is recognised as expense in the period in which
it is foreseen, irrespective of the stage of completion of the contract. For contracts
where progress billing exceeds the aggregate of contract costs incurred to-date and
recognised profits (or recognised losses, as the case may be), the surplus is shown
as the amount due to customers. Amounts received before the related work is
performed are disclosed in the Balance Sheet as a liability towards advance
received. Amounts billed for work performed but yet to be paid by the customer
are disclosed in the Balance Sheet as trade receivables. The amount of retention
money held by the customers is disclosed as part of other current assets and is
reclassified as trade receivables when it becomes due for payment.

2.15. Other income:

2.15.1. Dividend Income: Dividend income from Investments is recognised
when the shareholder’s right to receive payment has been established.

2.15.2. Interest income: Interest income from a financial asset is
recognised when it is probable that the economic benefits will flow to the company
and the amount of income can be measured reliably. Interest income is accrued on
a time basis, by reference to the principal outstanding and at the effective interest
rate applicable, which is the rate that exactly discounts estimated future cash
receipts through the expected life of the financial asset to that asset''s net carrying
amount on initial recognition.

2.15.3. Other Income: Other income (DDU-GKY) included in the Note No.
21 of Financial statements is comprising of the project being run by the Company
is a project under Deen Dayal Upadhya- Grameen Kaushalya Yojana (DDU-GKY)
for skill training & placement of rural candidates in selected districts of Gujarat
which was sanctioned by Gujarat Livelihood Promotion Company Ltd to the
company through Project Implementation Agency (PIA) .All the relevant Expenses,
Revenue, Assets and Liabilities were shown separately in the respective schedules.

2.16. Insurance claims

Insurance claims are accounted for on the basis of claims admitted / expected to
be admitted and to the extent that the amount recoverable can be measured
reliably and it is reasonable to expect ultimate collection.

2.17. Claims

Claims against the company not acknowledged as debts are disclosed under
contingent liabilities. Claims made by the company are recognised as and when
the same is approved by the respective authorities with whom the claim is lodged.

2.18. Commitments

Commitments are future liabilities for contractual expenditure. Commitments are
classified and disclosed as follows

a) Estimated amount of contracts remaining to be executed on capital account
and not provided for

b) Uncalled liability on shares and other investments partly paid

For Pundarikashyam & Associates For and on behalf of the Board of Directors of

Chartered Accountants Filatex Fashions Limited

FRN: 011330S CIN: L51491TG1994PLC017158

B. SURYA PRAKASA RAO Prabhat Sethia Sangeeta Sethia

Partner Managing Director Director

Membership No: 205125 (DIN: 00699415) (DIN:02600900)

UDIN:25205125BMHZOK2685

Place: Hyderaabd

Date: 30-05-2025 Yash Sethia Srinivasa Rao Chintala

Chief Financial Officer Company Secretary

---

Mar 31, 2024

2.13. Provisions, Contingent Liabilities and Contingent Assets:

The Company recognizes provisions when there is present obligation as a result of past eventand it is probable that there will be an outflow of resources and reliable estimate can be madeof the amount of the obligation. A disclosure for Contingent liabilities is made in the notes onaccounts when there is a possible obligation or present obligations that may, but probably willnot, require an outflow of resources. Contingent assets are disclosed in the financial statements when flow of economic benefit isprobable.

2.14. Revenue Recognition

Revenue from construction/project related activity and contracts for supply/commissionirg ofcomplex plant and equipment is recognised as follows:

2.14.1. Cost plus contracts: Revenue from cost plus contracts is determined with reference to the recoverable costs incurred during the period and the margin as agreed with the customer.

2.14.2. Fixed price contracts: Contract revenue is recognised only to the extent of costincurred till such time the outcome of the job cannot be ascertained reliably subject tocondition that it is probable that such cost will be recoverable. When the outcome ofthe contract is ascertained reliably, contract revenue is recognised at cost of work performed on the contract plus proportionate margin, using the percentage ofcompletion method. Percentage of completions the proportion of cost of workperformed to-date, to the total estimated contract costs.

The estimated outcome of a contract is considered reliable when all the following conditionsare satisfied:

i. the amount of revenue can be measured reliably.

ii. it is probable that the economic benefits associated with the contract will flow to thecompany.

iii. the stage of completion of the contract at the end of the reporting period can bemeasured reliably; and

iv. the costs incurred or to be incurred in respect of the contract can be measuredreliably.

Expected loss, if any, on a contract is recognised as expense in the period in which it isforeseen, irrespective of the stage of completion of the contract.For contracts where progress billing exceeds the aggregate of contract costs incurred to-dateand recognised profits (or recognised losses, as the case may be), the surplus is shown as theamount due to customers. Amounts received before the related work is performed aredisclosed in the Balance Sheet as a liability towards advance received. Amounts billed forwork performed but yet to be paid by the customer are disclosed in the Balance Sheet as tradereceivables. The amount of retention money held by the customers is disclosed as part ofother current assets and is reclassified as trade receivables when it becomes due for payment.

2.15. Otherincome:

2.15.1. Dividend Income: Dividend income from Investments is recognised when the shareholder''s right to receive payment has been established.

2.15.2. Interest income: Interest income from a financial asset is recognised when it is probable that the economic benefits will flow to the company and the amount of income can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset net carrying amount on initial recognition.

2.16. Insurance claims

Insurance claims are accounted for on the basis of claims admitted / expected to be admittedand to the extent that the amount recoverable can be measured reliably and it is reasonable to expect ultimate collection.

2.17. Claims

Claims against the company not acknowledged as debts are disclosed under contingentliabilities. Claims made by the company are recognised as and when the same is approved by the respective authorities with whom the claim is lodged.

2.18. Commitments

Commitments are future liabilities for contractual expenditure. Commitments are classified and disclosed as follows

a) Estimated amount of contracts remaining to be executed on capital account and notprovided for

b) Uncalled liability on shares and other investments partly paid

c) Funding related commitment to subsidiary, associate and joint venture companies and Other noncancellable commitments, if any, to the extent they are considered material

d) and relevant in the opinion of management

e) Other commitments related to sales/procurements made in the normal course ofbusiness are not disclosed to avoid excessive details.

2.19. Foreign exchange translation and foreign currency transactions:

The functional currency and presentation currency of the Company is the Indian rupee.

Foreign currency transactions are accounted at the exchange rates prevailing on the date oftransactions. Gains and losses resulting from settlement of such transactions are recognised in the Statement of Profit and Loss.

Monetary assets and liabilities related to foreign currency transactions remaining unsettled at the end of the year are translated at year end rates. The difference in translation of monetary assets and liabilities and realized gains and losses on foreign exchange transactions are recognised in the Statement of Profit and Loss.

The exchange difference on restatement of long-term receivables / payables from / to foreign operations that are considered as net investments in such operation are recognised in the statement of profit or loss in the separate financial statements of the reporting entity or the individual financial statements of the foreign operation, as appropriate.

2.20. Employee Benefits:

Provident fund is defined Contribution scheme and contributions are charged to profit and loss account of the year when the contributions to the respective funds are due. Other retirement benefits such as Gratuity, leave encashment etc., are recognized on basis of an Actuarial Valuation.

2.21. Borrowing Costs:

Borrowing costs include interest expense calculated using the effective interest method and finance charges in respect of assets acquired on finance lease.

Borrowing costs, allocated to and utilised for qualifying assets, pertaining to the period from commencement of activities relating to construction / development of the qualifying asset up to the date of capitalisation of such asset are included in the cost of the assets. Capitalisation of borrowing costs is suspended and charged to the Statement of Profit and Loss during extended periods when active development activity on the qualifying assets is interrupted. All other borrowing costs are recognised in profit and loss in the period in which they are incurred.

2.22. Taxation:

Income tax expense represents sum of the tax currently payable and deferred tax.

2.22.1. Current Tax: Current tax is the amount of tax payable on the taxable income for theyear as determined in accordance with the applicable tax rates and the provisions of the Income tax Act, 1961.

2.22.2. Deferred tax: Deferred tax is recognised on temporary differences between the carrying amounts of assetsand liabilities in the Company’s financial statements and the corresponding tax bases used in the computation of taxable profit

Deferred tax assets are generally recognised for all deductible temporary differences to theextent that it is probable that taxable profits will be available against which those deductibletemporary differences can be utilised. Such deferred tax assets and liabilities are not recognised if the temporary differences arise from the initial recognition of assets and liabilities in a transaction that affects neither the taxable profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period

2.23. Leases:

Leases, where the lessor effectively retains substantially all the risks and benefits of ownership over the leased term, are classified as operating leases. Operating lease payments are recognised as an expense in the Statement of Profit and Loss on a straight -line basis over the lease term except where the lease payments are structured to increase in line with expected general inflation. Assets acquired on

finance lease are capitalised at fair value or present value of minimum lease payment at the inception of the lease, whichever is lower.

2.24. Fairvalue measurement

The Company measures certain financial instruments at fair value at each reporting date. Fair value is the price that would be received on sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either:

a. In the principal market for the asset or liability, or

b. In the absence of principal market, in the most advantageous market for the asset or liability.

The fair value of an asset or a liability is measured using the assumptions that marketparticipants would use when pricing the asset or liability, assuming that market participants act in their economic best interest.

The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient ciata are available to measure fair value, maximizing the use of relevant observable inputs and minimising the use of unobservable inputs.

2.25. Earnings per Share:

Basic earnings per equity share are computed by dividing the net profit for the year attributable to the Equity Shareholders by the weighted average number of equity shares outstanding during the year. Diluted earnings per share is computed by dividing the net profit for the year, reduced for the effects of dilutive potential equity shares, attributable to the Equity Shareholders by the weighted average number of the equity shares and dilutive potential equity shares outstanding during the year except where the results are anti -dilutive.

2.27. Segment Reporting:

The Company has only Cotton Product activity hence segment report has not been given.

2.28. Related Party:

As per Accounting Standard 18, issued by the Institute of Chartered Accountants of India, the disclosures of transaction with the related parties as defined in Accounting Standards are givenbelow.

2.29. The company has long outstanding trade receivables of Rs.62.65 Crores in the books of accounts for more than 3 years and the management believes that these trade receivables are realizable and hence provision for doubtful debts not required to be provided.

2.30. Balances of the trade receivables, deposits, loans and advances, advances received from the customers and trade payables are subject to confirmation from the respective parties and consequential adjustments arising from reconciliation, if any. However, the management believes that there will not be any material changes to the balances as reflected in the books of accounts as on March 31,2024.

2.31. The inventory has been physically verified during the year by the management at regular intervals and the management believes that there will not be any material differences to the balances as reflected in the books of accounts as on March 31,2024.

2.32. Previous year figures have been regrouped/ rearranged where necessary to conform tocurrent year''s classification.

2.33. All the Financial figures have been stated in lakhs except EPS and unless otherwise stated.

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

For Pundarikashyam & Associates Filatex Fashions Limited

Chartered Accountants CIN: L51491TG1994PLC0171

FRN: 011330S

Sd/- Sd/-

„» „„ „ Prabhat Sethia Sangeeta Sethia

B. SURYA PRAKASA RAO Managing Director Director

^Partner ...... (DIN: 00699415) (DIN:02600900)

Membership No: 205125

UDIN: 24205125BKADWD7095

Sd/- Sd/-

Place- Hvderaabd ^{Yash Sethia} Srinivasa Rao Chintala

Date'' 30 05 2 024 Chief Financial Officer Company Secretary

---

Mar 31, 2023

Provisions, Contingent Liabilities and Contingent Assets

The Company recognizes provisions when there is present obligation as a result of past event and it is probable that there
will be an outflow of resources and reliable estimate can be made of the amount of the obligation. A disclosure for
Contingent liabilities is made in the notes on accounts when there is a possible obligation or present obligations that may,
but probably will not, require an outflow of resources.

Contingent assets are disclosed in the financial statements when flow of economic benefit is probable.

2.14. Revenue Recognition

Revenue from construe tion/project related activity and contracts for supply/commissioning of complex plant and
equipment is recognised as follows:

2.14.1. Cost plus contracts: Revenue from cost plus contracts is determined with reference to the recoverable costs incurred
during the period and the margin as agreed with the customer.

2.14.2. Fixed price contracts: Contract revenue is recognised only to Hie extent of cost incurred till such tune Hie
outcome of the job cannot be ascertained reliably subject to condition that it is probable that such cost will be recoverable
. When the outcome of the contract is ascertained reliably, contract revenue is recognised at cost of work performed on
the contract plus proportionate margin, using the percentage of completion method. Percentage of completions the
proportion of cost of work performed to-date, to the total estimated contract costs.

The estimated outcome of a contract is considered reliable when all the following conditions are satisfied:

i. the amount of revenue can be measured reliably.

ii. it is probable that the economic benefits associated with the contract will flow to the company.

iii. the stage of completion of the contract at the end of the reporting period can be measured reliably; and

iv. the costs incurred or to be incurred in respect of the contract can be measured reliably.

Expected loss, if any, on a contract is recognised as expense in the period in which it is foreseen, irrespective of the stage
of completion of the contract. For contracts where progress billing exceeds the aggregate of contract costs incurred to-date
and recognised profits (or recognised losses, as the case may be), the surplus is shown as the amount due to customers.
Amounts received before the related work is performed are disclosed in the Balance Sheet as a liability towards advance
received. Amounts billed for work performed but yet to be paid by the customer are disclosed in the Balance Sheet as trade
receivables. The amount of retention money held by the customers is disclosed as part of other current assets and is
reclassified as trade receivables when it becomes due for payment.

2.15. Other income:

2.15.1. Dividend Income: Dividend income from Investments is recognised when the shareholder''s right to receive
payment has been established.

2.15.2. Interest income: Interest income from a financial asset is recognised when it is probable that the economic
benefits will flow to the company and the amount of income can be measured reliably. Interest income is accrued on a
time basis, by reference to the principal outstanding and at the effective interest rate applicable, which is the rate that
exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset''s net
carrying amount on initial recognition.

2.16. Insurance claims

Insurance claims are accounted for on the basis of claims admitted / expected to be admitted and to the extent that the
amount recoverable can be measured reliably and it is reasonable to expect ultimate collection.

2.17. Claims

Claims against the company not acknowledged as debts are disclosed under contingent liabilities. Claims made by the
company are recognised as and when the same is approved by the respective authorities with whom the claim is lodged.

2.18. Commitments

Commitments are future liabilities for contractual expenditure. Commitments are classified and disclosed as follows

a) Estimated amount of contracts remaining to be executed on capital account and not provided for

b) Uncalled liability on shares and other investments partly paid

c) Funding related commitment to subsidiary, associate and joint venture companies and Other non-cancellable
commitments, if any, to the extent they are considered material

d) and relevant in the opinion of management

e) Other commitments related to sales/procurements made in the normal course of business are not disclosed to avoid
excessive details.

2.19. Foreign exchange translation and foreign currency transactions:

The functional currency and presentation currency of the Company is the Indian rupee.

Foreign currency transactions are accounted at the exchange rates prevailing on the date of transactions. Gains and losses
resulting from settlement of such transactions are recognised in the Statement of Profit and Loss.

Monetary assets and liabilities related to foreign currency transactions remaining unsettled at the end of the year are
translated at year end rates. The difference in translation of monetary assets and liabilities and realized gains and losses
on foreign exchange transactions are recognised in the Statement of Profit and Loss.

The exchange difference on restatement of long-term receivables / payables from / to foreign operations that are
considered as net investments in such operation are recognised in the statement of profit or loss in the separate financial
statements of the reporting entity or the individual financial statements of the foreign operation, as appropriate.

2.20. Employee Benefits:

Provident fund is defined Contribution scheme and contributions are charged to profit and loss account of the year when
the contributions to the respective funds are due. Other retirement benefits such as Gratuity, leave encashment etc., are
recognized on basis of an Actuarial Valuation.

2.21. Borrowing Costs:

Borrowing costs include interest expense calculated using the effective interest method and finance charges in respect of
assets acquired on finance lease.

Borrowing costs, allocated to and utilised for qualifying assets, pertaining to the period from commencement of activities
relating to construction / development of the qualifying asset up to the date of capitalisation of such asset are included in
the cost of the assets. Capitalisation of borrowing costs is suspended and charged to the Statement of Profit and Loss
during extended periods when active development activity on the qualifying assets is interrupted. All other borrowing
costs are recognised in profit and loss in the period in which they are incurred.

2.22. Taxation:

Income tax expense represents sum of the tax currently payable and deferred tax.

2.21.1. Current Tax: Current tax is the amount of tax payable on the taxable income for the year as determined in
accordance with the applicable tax rates and the provisions of the Income tax Act, 1961.

2.22.2. Deferred tax: Deferred tax is recognised on temporary differences between the carrying amounts of assets and
liabilities in the Company''s financial statements and the corresponding tax bases used in the computation of taxable profit

Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that
taxable profits will be available against which those deductible temporary differences can be utilised. Such deferred tax
assets and liabilities are not recognised if the temporary differences arise from the initial recognition of assets and liabilities
in a transaction that affects neither the taxable profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that
it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the
liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted
by tlie end of the reporting period

2.23. Leases:

Leases, where the lessor effectively retains substantially all the risks and benefits of ownership over the leased term, are
classified as operating leases. Operating lease payments are recognised as an expense in the Statement of Profit and Loss
on a straight -line basis over the lease term except where the lease payments are structured to increase in line with
expected general inflation. Assets acquired on finance lease are capitalised at fair value or present value of minimum
lease payment at the inception of the lease, whichever is lower.

2.24. Fair value measurement

The Company measures certain financial instruments at fair value at each reporting date. Fair value is the price that
would be received on sale of an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or
transfer the liability takes place either:

a. In the principal market for the asset or liability, or

b. In the absence of principal market, in the most advantageous market for the asset or liability.

The fair value of an asset or a liability is measured using the assumptions that market participants would use when
pricing the asset or liability, assuming that market participants act in their economic best interest.

The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are
available to measure fair value, maximizing the use of relevant observable inputs and minimising the use of
unobservable inputs.

2.25. Earnings per Share:

Basic earnings per equity share are computed by dividing the net profit for the year attributable to the Equity
Shareholders by the weighted average number of equity shares outstanding during the year. Diluted earnings per share is
computed by dividing the net profit for the year, reduced for the effects of dilutive potential equity shares, attributable to
the Equity Shareholders by the weighted average number of the equity shares and dilutive potential equity shares
outstanding during the year except where the results are anti -dilutive.

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Mar 31, 2015

1 Corporate information

Filatex Fashion Limited has been incorporated on 8th March, 1994. At present the company is engaged in thebusiness of manufacturing of Socks.

2 Basis of accounting and preparation of financial statements

The financial statements of the Company have been prepared in accordance with the Generally Accepted Accounting Principles in India (Indian GAAP) to comply with the Accounting Standards notified under the Companies (Accounting Standards) Rules, 2006 (as amended) and the relevant provisions of the Con~paniesA ct, 1956. The financial statements have been prepared on accrual basis under the historical cost convention. The accounting policies adopted in the preparation of the financial statements are consistent with those followed in the previous years.

3 Terms / rights attached to equity shares

The company has only one class of equity shares having a face value of Rs.5 per share. Each holder equity share is entitled to one vote per share. The dividends recommended by the Board of Director: any are subject to the approval of the shareholders in the ensuing Annual General Meeting.

4 In the event of liquidation of the Company, the equity share holders are entitled to receive t remaining assets of the Company after distribution of all preferential amounts. In proportion to 1 numberof shares held.

5 All the installments falling due within 12 months from the date of Balance Sheet have been classified as current liabilities, the aggregate of which is shown as current maturities of long term borrowings under Note -11, 'Other Current Liabilities'.

6 In the opition of the management, the Current Assets, Loans and Advance are expected to realise at east the amount at which they are stated, if realised in the ordinary course of business and provision for all known liabilities have been adequate made in the accounts

7 Related Party Disclosures :

NIL

8 Contingent Liabilities

Claims against the company not March 2015 March 2014 acknowledged as debts

Bank Guarantees issued by bank NIL NIL

* on behalf of company

* on behalf of others NIL NIL

Other money for which the company is contingently liable NIL NIL

Loans and Advances in the nature of loans given to subsidiaries associates and firms / companies in which dire interested:

9 i) Disclosure of Sundry Creditors Trade Payables on the information available with the Company regarding the status of the suppliers as defined the "Micro, small and Medium Enterprised Development Act, 2006" and relied by the Auditors,

ii) Details of total outstanding dues to Micro and Small Enterises as per "Micro, Small and Medium Enterprise Development Act, 2006"

10As per Accounting Standard 22 " Accounting for Taxes on income" issued by the Institute of Chartered Accountants of India Rs. 7,34,519.00 ( Previous year Rs 1,25,000.00 of Deferred Tax Liability ) of deferred tax asset arising during the financial year has been credited to the current year1 s Profit and Loss Account.

11 Related party Transaction

Interest free inter deposits from M/S-'LLUMINNATI CONSRUCTIONS LTD Amount

Related Parties : Mr. Prabhat Sethia - Director : Mrs. Sangeeta Sethia - Director

12 Balances laving in Various accounts I.e.Advances roc capital goods, expenses and supples creditors tor capital goods, expenses and suppliers and amounts payable t0 institutions are subject to confirmation with

13 curren t'year1 s classification /disclosures reclassified wherever necessary to correspond with the current year s classification /disclosure, paisa has been rounded off to the nearest rupee.

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Mar 31, 2010

1. The Balances in respect of Sundry creditors, Sundry Debtors, Loans & Advances are subject to confirmation and as per the Managements view they are realisable.

2. Particulars of Employees in accordance with Section 217(2A) of the Companies Act, 1956 read with Companies (Particulars Of Employees) — NIL

3 During the year there were no dues to SSI Co., / Firms.

4. Paises were rounded off to the nearest Rupee.

5. Advance/Loans given to Company under the same Management as defined under Sec. 370(1 B) of the Companies Act, 1956 is : Nil

6. Related Party Transactions as per AS 18 is NIL:

7. Estimated amount of Contracts remaining to be Executed on Capital Account and not provided for - NIL

8. Regarding the stocks the management certification was taken into consideration

9.Previous Year Figures regrouped where ever necessary.