Notes to Accounts of Filtra Consultants & Engineers Ltd.

Mar 31, 2025

(i) The title Deeds in respect of self-constructed buildings and title deeds of all other immovable properties (other than properties where the company is the lessee and the lease agreements are duly executed in favour of the lessee), disclosed in the financial statements included under Property, Plant and Equipment are held in the name of the Company as at the balance sheet date.

(ii) The Company has not revalued any of its Property, Plant and Equipment and intangible assets during the year.

(iii) The Company does not have any Capital-Work-in Progress (CWIP) / Intangible assets under development (ITAUD) during the year.

28.1	Contingent liabilities and commitments (to the extent not provided for)		(Rs. In Lakh)
Note	Particulars	For the year ended	For the year ended
		31 March, 2025	31 March, 2024
i	Contingent liabilities (a) Claims against the Company not acknowledged as debt	-	-
	(b) Guarantees	40.00	40.00
	(c) Letter of Credit issued to Supplier	216.02	52.28
		256.02	92.28
ii	Commitments
	The Company has not provided any contractual commitment as on date which will have material effect on the financial
	statement of the company
28.2	Details of Transaction in foreign Currency on account of:
Note	Particulars	For the year ended	For the year ended
		31 March, 2025	31 March, 2024
	(i) Export	180.63	77.27
	(ii) Foreign Travelling	-	1.09
	(iii) Import	1,313.93	501.09
		1,494.55	579.45

28.3 Previous year''s figures_

Note Particulars_

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

The Board of Directors has recommended final dividend of Rs.2/- per equity share of Rs. 10/- each fully paid up ( 20%) for

28.4 financial year 2024-25 aggregating to Rs. 219.28 Lacs subject to the approval of Members in the ensuing Annual General Meeting

28.5 BALANCES OF TRADE DEBTORS, CREDITORS AND LOANS & ADVANCES

Sundry Debtors and Creditors, Loans and advances are subject to confirmation and reconciliation No provision has been made for the doubtful Debts, Loans and Advances as they are considered good for recovery.

28.6 In terms of Section 22 of the Micro, small and Medium Enterprises Development Act 2006, the outstanding to these

Note enterprises are required to be disclosed. However, these enterprises are required to be registered under the Act. The

amounts due to such suppliers if any, have been identified to the extent such information is provided by the supplier.

28.7 In the opinion of the Board

a) The realization value of all assets other than fixed and non current investments in the ordinary course of business, would not be less than the amount at which they are stated

b) Adequate Provisions have been made for all known liabilities and there is no other undisclosed liabilities and there is no other undisclosed liabilities of contingent nature.

c) All the expenses paid/provided have been incurred for the purpose of the business of the company.

29 Notes forming part of the financial statements

29.1 The Company has not given any Loans to Promoters, Directors, KMPS and the related Parties durng the Year.

29.2 As per the Information and explanations provided to us, No proceedings have been initiated during the year or are pending against the Company as at March 31, 2024 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder.

29.3 The Company do not have any transaction with the companies which has been struckoff during the year.

29.4 Compliance with number of layers of companies

The Company has complied with the number of layers prescribed under (87) of section 2 of the Companies Act, 2013 read with Companies (Restriction on number of Layers) Rules, 2017

29.5 The Company has not entered into any Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013,

29.6 The Company has not traded or invested in Crypto currency or Virtual currency during the financials year.

29.7 (A) The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) during the year which.

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;

(B) The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) during the year which.

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;

29.8 There is no transactions which are recorded in the books of accounts which have been surrendered or disclosed as income during the year in the tax assessments under the income tax act,1961.

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Mar 31, 2024

(i) The title Deeds in respect of self-constructed buildings and title deeds of all other immovable properties (other than properties where the company is the lessee and the lease agreements are duly executed in favour of the lessee), disclosed in the financial statements included under Property, Plant and Equipment are held in the name of the Company as at the balance sheet date.

(ii) The Company has not revalued any of its Property, Plant and Equipment and intangible assets during the year.

(iii) The Company does not have any Capital-Work-in Progress (CWIP) / Intangible assets under development (ITAUD) during the year.

28.1	Contingent liabilities and commitments (to the extent not provided for)		(Rs. In Lakh)
Note	Particulars	For the year ended	For the year ended
		31 March, 2024	31 March, 2023
I	Contingent liabilities (a) Claims against the Company not acknowledged as debt	-	-
	(b) Guarantees	40.00	40.00
	(c) Letter of Credit issued to supplier	52.28	33.67
	TOTAL	92.28	73.67
ii	Commitments
	The Company has not provided any contractual commitment as on date which will have material effect on the
	financial statement of the company
28.2	Details of Transaction in foreign Currency on account of:		(Rs. In Lakh)
Note	Particulars	For the year ended	For the year ended
		31 March, 2024	31 March, 2023
	(i) Export	77.27	237.10
	(ii) Foreign Travelling	1.09	2.23
	(iii) Import	501.09	114.08
	TOTAL	579.45	353.41
28.3	Previous year''s figures
Note	Particulars
	Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current
	year''s classification / disclosure.
	The Board of Directors has recommended final dividend of Rs.3/-	per equity share of Rs. 10/- each fully paid up
28.4	(30%) for financial year 2023-24 aggregating to Rs. 246.69 Lacs subject to the approval of Members in the ensuing
	Annual General Meeting
	The Board of Directors has recommended the issue of Bonus shares in the ratio of 1:3 (One fully paid up Equity
28.5	Share of Rs. 10/- each as bonus against every three equity share fully paid up of Rs. 10/- each held) during the year
	subject to the approval of Members in the ensuing Annual General Meeting
28.6	BALANCES OF TRADE DEBTORS, CREDITORS AND LOANS & ADVANCES
Note	Sundry Debtors and Creditors, Loans and advances are subject to confirmation and reconciliation No provision has been made for the doubtful Debts, Loans and Advances as they are considered good for recovery.
28.7	In terms of Section 22 of the Micro,small and Medium Enterprises Development Act 2006, the outstanding to these
Note	enterprises are required to be disclosed. However, these enterprises are required to be registered under the Act. The amounts due to such suppliers if any, have been identified to the extent such information is provided by the
	supplier.
28.8	In the opinion of the Board
a)	The realization value of all assets other than fixed and non current investments in the ordinary course of business,
	would not be less than the amount at which they are stated
b)	Adequate Provisions have been made for all known liabilities and there is no other undisclosed liabilities and there
	is no other undisclosed liabilities of contigent nature.
c)	All the expenses paid/provided have been incurred for the purpose of the business of the company.

29	Notes forming part of the financial statements
29.1	The Company has not given any Loans to Promoters, Directors, KMPS and the related Parties during the Year.
29.2	As per the Information and explanations provided to us, No proceedings have been initiated during the year or are pending against the Company as at March 31, 2024 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder.
29.3	The company do not have any transaction with the companies which has been struckoff during the year.
29.4	Compliance with number of layers of companies The Company has complied with the number of layers prescribed under (87) of section 2 of the Companies Act, 2013 read with Companies (Restriction on number of Layers) Rules, 2017.
29.5	The Company has not entered into any Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013,
29.6	The Company has not traded or invested in Crypto currency or Virtual currency during the financials year.
29.7	(A) The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) during the year which. (i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or (ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries; (B) The company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) during the year which. (i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or (ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;
29.8	There is no transactions which are recorded in the books of accounts which have been surrendered or disclosed as income during the year in the tax assessments under the income tax act, 1961.

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Mar 31, 2023

2.13 Provisions and contingencies

A provision is recognised when the Company has a present obligation as a result of past events and it is probable that an outflow of resources will be required to settle the obligation in respect of which a reliable estimate can be made. Provisions (excluding retirement benefits) are not discounted to their present value and are determined based on the best estimate required to settle the obligation at the Balance Sheet date. These are reviewed at each Balance Sheet date and adjusted to reflect the current best estimates. Contingent liabilities are disclosed in the Notes.

2.14 Retirement benefits

(i) Short Term Employee Benefits

All employee benefits payable within twelve months of rendering the service are classified as short term employee benefits. Benefits such as salaries, wages etc. and the expected cost of bonus, exgratia, incentives are recognized in the period during which the employee renders the related service.

(ii) Post-Employment Benefits

(a) Defined Contribution Plans

State Government Provident Fund Scheme is a defined contribution plan. The contribution paid/payable under the scheme is recognized in the profit & loss account during the period during which the employee renders the related service.

(b) Defined Benefit Plans

The employee Gratuity Fund Scheme managed by a trust is a defined benefit plan. The present value of obligation under such defined benefit plan is determined based on acturial valuation under the projected unit credit method which recognizes each period of service as giving rise to additional unit of employees benefits entitlement and measures each unit separately to build up the final obligation. The obligation is measured at the present value of future cash flows. The discount rates used for determining the present value of the obligation under defined benefit plans is based on the market yields on government securities as at balance plans the fair value of the planned assets is reduced from the gross obligation under the defined benefit plans to recognize the obligation on net basis.

(c) The obligation for leave encashment is provided for and paid on yearly basis.

(d) Remeasurement, comprising acturial gains and losses, the effect of the changes to the asset ceiling (if applicable) and the return on plan assets (excluding interest), is reflected in the balance sheet with a charge or credit recognised in other comprehensive income in the period in which they occur. Remeasurementrecognised in other comprehensive income is reflected immediately in retained earnings and will not be reclassified to the statement of profit and loss.

2.15 Foreign currency transactions

Foreign currency transactions are recorded on the basis of exchange rates prevailing on the date of the transactions. Monetary assets and liabilities denominated in foreign currencies as at the balance sheet date are translated at the closing exchange rates on that date. Exchange differences arising on foreign exchange transactions during the year and on restatement of monetary assets and liability are recognized in the profit and loss account of the year.

2.16 Impairment of Assets

An asset is treated as impaired when the carrying cost of asset exceeds its recoverable value. An impairment loss is charged to the profit & Loss Account in the year in which an asset is identified as impaired. The impairment loss recognised in prior accounting periods is reversed if there has been a change in the estimate of recoverable account in subsequent period.

2.17 Identification of segments

The operations of the company predominantly comprises of Trading and Manufacturing Activity of Water Treatment system.This activity constitutes the primary segment and is the only reportable segment.

As per our report attached.

For Krunal M Shah & Co. For and on behalf of the Board of Directors

Chartered Accountants

Firm Registration No:- 131794W Sd/- Sd/- Sd/-

Sd/- Ketan Khant Anjali Khant Ashfak Mulla

CA Krunal Shah Managing Director Whole Time Director Whole Time Director

Partner (DIN: 03506163) (DIN: 03506175) (DIN: 03506172)

Membership No:- 115075 Place : Mumbai Place: Mumbai Place : Pune

UDIN: 23115075B GXYME5031 Date : 25/05/2023 Date :25/05/2023 Date : 25/05/2023

Sd/- Sd/-

Keshmira Behramkamdin V aishali Pai

(Company Secretary) (Chief Financial Officer)

Place : Mumbai Place : Mumbai Place : Pune

Date : 25/05/2023 Date : 25/05/2023 Date : 25/05/2023

Note Particulars

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

The Subsidiary Company namely Of Water Private Limited had applied for strike-off during the Financial ^ year and same has been struck-off by the Registrar of Companies, Mumbai w.e.f April 01, 2022. The Application for the strike off has been made in February 2022 with MCA. The Management is of opinion that the Investment of the same to write off in the Books during the year.

28.5 BALANCES OF TRADE DEBTORS, CREDITORS AND LOANS & ADVANCES

Note Sundry Debtors and Creditors, Loans and advances are subject to confirmation and reconciliation. No

provision has been made for the doubtful Debts, Loans and Advances as they are considered good for recovery.

28.5 In terms of Section 22 of the Micro, small and Medium Enterprises Development Act 2006, the

Note outstanding to these enterprises are required to be disclosed. However, these enterprises are required to

be registered under the Act. The amounts due to such suppliers if any, have been identified to the extent such information is provided by the supplier.

28.6 In the opinion of the Board

a) The realization value of all assets other than fixed and non current investments in the ordinary course of business, would not be less than the amount at which they are stated

b) Adequate Provisions have been made for all known liabilities and there is no other undisclosed liabilities and there is no other undisclosed liabilities of contigent nature.

c) All the expenses paid/provided have been incurred for the purpose of the business of the company.

In terms of our report attached.

For Krunal M Shah & Co. For and on behalf of the Board of Directors

Chartered Accountants Sd/- Sd/- Sd/-

Firm Registration No:- 131794W Ketan Khant Anjali Khant Ashfak Mulla

Sd/- Managing Director Whole Time Director Whole Time Director

CA Krunal Shah (DIN: 03506163) (DIN:03506175) (DIN:03506172)

Partner Place : Mumbai Place: Mumbai Place : Pune

Membership No:- 115075 Date : 25/05/2023 Date : 25/05/2023 Date : 25/05/2023

UDIN: 23115075B GXYME5031 Sd/- Sd/-

Keshmira Behramkamdin Vaishali Pai

(Company Secretary) (Chief Financial Officer)

Place : Mumbai Place : Mumbai Place : Pune

Date : 25/05/2023_Date : 25/05/2023_Date : 25/05/2023

Note 29 Notes forming part of the financial statement

_ The Company has not given any Loans to Promoters, Directors, KMPS and the related Parties during the

• Year.

As per the Information and explanations provided to us, No proceedings have been initiated during the

29.2 year or are pending against the Company as at March 31, 2022 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder.

29.3 The company do not have any transaction with the companies which has been struck off during the year. Compliance with number of layers of companies

29 4 The Company has complied with the number of layers prescribed under (87) of section 2 of the Companies

Act, 2013 read with Companies (Restriction on number of Layers) Rules, 2017 29 5 The Company has not entered into any Scheme of Arrangements has been approved by the Competent

Authority in terms of sections 230 to 237 of the Companies Act, 2013,

29.6 The Company has not traded or invested in Crypto currency or Virtual currency during the financials year.

29.7 (A) The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) during the year which.

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;

(B) The company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) during the year which.

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;

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Mar 31, 2015

1 Nature of Operations

The Company was Incorporate on 24th May, 2011. The Company Mainly in Trading Activity of Water Treatment system Business such as Membrane, Multi port Valve, Cartridge, Vessels, Tank, Pump, Ph Meter, Orp Meter, Conductivity Meter UV Purifiers, High pressure pumps, pressure switch, level switch and such other items which used for the purpose of Industrial watertreatment plant. The Company Operates through its Business in Mumbai, Pune and Ahmedabad.

2. The year end balance of sundry creditors are subject to confirmation and reconciliation.

3. As per information given to us,there is no overdue amount payable to Micro,Small and Medium enterprises as defined under The Micro,Small and Medium Enterprises development Act, 2006, based on the information available with the company. Further the comapny has not paid any interest to any Micro,Small and Medium enterprisesduring the current year. This disclosure is on the basis of the information available with the company regarding the status of the suppliers. this has been relied upon by the auditors.

4. Related Party Disclosures

Related party transactions

Details of related parties:

Description of relationship Names of related parties

Key Management Personnel (KMP) Ketan Khant

Key Management Personnel (KMP) Anjali Khant

Key Management Personnel (KMP) Ashfak Mulla

Relatives of KMP Rehana Mulla

5. Contingent liabilities and commitments (to the extent not provided for)

For the year For the yea Particulars ended ended 31 March, 2015 31 March, 2014

i Contingent liabilities

(a) Claims against the Company not acknowledged as debt NIL NIL

(b) Guarantees NIL NIL

(c) Other money for which the Company is contingently liable NIL NIL

ii Commitments

The Company has not provided any contractual commitment as on date which will have material effect on the financial statement of the compny

6. Details of Transaction in foreign Currency on account of:

For the year For the year Note Particulars ended ended 31 March, 2015 31 March, 2014

(i) Export 1,264,912.00 1,540,736.00

(ii) Foreign Travelling 656,707.00 202,574.00

2,921,619.00 1,743,310.00

7. Public Issue Expenses

The Company has incurred some expenses for its IPO which has been currently considered under head Other Current Assets. In The Next Financial year entire spending towards Public Issue will be write off against Securities Premium Account.

8. Previous year's figures

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

9. Public Issue

The Company has come out with Initial Public Offer (IPO) with Bombay Stock Exchange on SME Platform. The Allotment of the same was pending as on March 31, 2015 since the Issue was closed for an offer on March 30,2015. The Allotment money which Company has received till March 31,2015 has been shown as Share Application Money received pending for allotment. The Allotment was finalised on April 10, 2015 and Shares got listed with BSE on April 15, 2015.

10. Employee benefit plans

Defined benefit plans

The Company offers the following employee benefit schemes to its employees:

i. Gratuity

The following table sets out the funded status of the defined benefit schemes and the amount recognised in the financial statements:

Particulars For the year For the year ended ended 31 March, 2015 31 March, 2014

Gratuity Gratuity

Components of employer expense

Current service cost 1,088,051.00 -

Interest cost 64,901.00 -

Expected return on plan assets - -

Curtailment cost / (credit) - -

Settlement cost / (credit) - -

Past service cost - -

Actuarial losses/(gains) 404,564.00 -

Total expense recognised in the Statement of Profit and Loss 1,557,516.00 -

Actual contribution and benefit paymentsfor year

Actual benefit payments - -

Actual contributions - -

Net asset / (liability) recognised in the Balance Sheet

Present value of defined benefit obligation 1,557,516.00 -

Fair value of plan assets - -

Funded status [Surplus / (Deficit)] (1,557,516.00) -

Unrecognised past service costs - -

Net asset / (liability) recognised in the Balance Sheet (1,557,516.00)

Particulars For the year For the year ended ended 31 March, 2015 31 March, 2014

Gratuity Gratuity

Change in defined benefit obligations (DBO) during the year

Present value of DBO at beginning of the year - -

Current service cost 1,088,051.00 -

Interest cost 64,901.00 -

Curtailment cost / (credit) - -

Settlement cost / (credit) - -

Plan amendments - -

Acquisitions - -

Actuarial (gains) / losses 404,564.00 -

Past service cost - -

Benefits paid - -

Present value of DBO at the end of the year 1,557,516.00 -

Change in fair value of assets during the year

Plan assets at beginning of the year -

Acquisition adjustment - -

Expected return on plan assets - -

Actual company contributions - -

Actuarial gain / (loss) - -

Benefits paid - -

Plan assets at the end of the year - -

Actual return on plan assets - -

Composition of the plan assets is as follows:

Government bonds - -

PSU bonds - -

Equity mutual funds - -

Others - -

Actuarial assumptions

Discount rate 8.00% 0

Expected return on plan assets 0.00% 0

Salary escalation 7.00% 0