Notes to Accounts of Jyoti Global Plast Ltd.

Mar 31, 2025

n. 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, if any, are disclosed in the Notes. Contingent assets are not recognised in the financial
statements.

o. Cash and cash equivalents

Cash comprises cash in hand and demand deposits with banks. Cash equivalents are short-term balances (with an original
maturity of three months or less from the date of acquisition), highly liquid that are readily convertible into known amounts of
cash and which are subject to insignificant risk of changes in value

p. Operating Lease

Leases where significant portion of the risks and rewards of ownership are retained by the lessor are classified as operating
leases and lease rentals thereon are charged to the Statement of Profit and Loss on a straight-line basis over the lease term.

** The Company issued 1,50,00,000 fully paid - up equity shares at par as bonus shares of Rs. 10 each to its existing shareholders on the record
date 03-Mar-2025 by capitalising Profit & Loss Account. Thirty shares have been issued to shareholders for every one share held.

c Terms / rights attached to Equity shares

The Company has a single class of equity shares with par value of Rs.10 per share. Accordingly all the equity shares rank equally with regard
to dividends and share in Company''s residual assets. The equity shares are entitled to dividend as declared from time to time. The voting
rights of an equity shareholders on a poll are in proportion to its share of the paid-up equity capital of the Company. On winding up of the
Company, the holders of equity shares will be entitled to receive the residual assets of the Company, remaining after distribution of all
preferential amounts in proportion to the number of equity shares held.

Primary Security:

First and Exclusive charge on Hypothecation of the Inventory & Book Debts. Security Conditions include hypothecation of the entire current
assets of the borrower comprising, inter alia, of stocks of raw material, work in progress, finished goods, receivables, book debts and other
current assets.

Secondary Security:

First and Exclusive charge on Hypothecation of the entire movable fixed assets of the borrower. Security Conditions include first and exclusive
charge on movable fixed assets of the company both present and future except other assets exclusively financed by other banks.

44 IPO EXPENSES AS RESTATED:

The Company has incurred expenses amounting to Rs 16.43 lakhs related to IPO purposes which have been classified as IPO
Expenses, which is disclosed under Other Current Assets in the Balance Sheet. These expenses pertain to the proposed Initial Public
Offering (IPO) of the Company and include, but are not limited to:

- Advances paid to Merchant Bankers and other intermediaries

- Auditor''s fees specifically related to IPO certification and reporting

- Legal and professional charges

- Filing fees and other regulatory costs

In accordance with applicable accounting standards and provisions of the Companies Act, 2013 (including Section 52(2)(c)), these
expenses are considered capital in nature and will be adjusted against the Securities Premium Account upon successful completion
of the IPO. No portion of these expenses has been routed through the P&L account during the year.

45 OTHER STATUTORY INFORMATION AS RESTATED

i As per Section 135 of the Companies Act, 2013, CSR provisions are not applicable to the Company.

ii The Company does not have any long-term contracts including derivative contracts for which there were any material foreseeable
losses.

iii The Company does not have any Benami property, where any proceeding has been initiated or pending against the Company for
holding any Benami property.

iv During the year, the Company has not entered into any material transaction with companies struck off under Section 248 of the
Companies Act, 2013 or Section 560 of Companies Act, 1956.

v The Company has not traded or invested in Crypto currency or Virtual Currency during the reporting year.

vi The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities
(Intermediaries) with the understanding that the Intermediary shall:

(a) 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

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

vii 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) that the Company shall:

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries

viii The Company has not been declared as a wilful defaulter by any bank or financial Institution or other lender during any of the
reporting periods covered herein.

45 OTHER STATUTORY INFORMATION AS RESTATED (CONTINUED)

ix No dividend has been declared or paid by the Company. The Board of Directors has not proposed any dividend for the current
interim financial year, and no distribution to shareholders has occurred during this period.

x There are no employees covered by Rule 5(2) of Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014

xi The company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies
(Restriction on number of Layers) Rules, 2017. Further, the Company is neither a Subsidiary or Associate of another Company nor it
has any Susidiary or Associate.

xii The Company does not have any property whose title deeds are not held in the name of the Company, however the Company has
taken premises on long lease which is normally renewed on its expiry.

xiii The Company has followed accounting as per division I of schedule III of Companies act 2013, but has only disclosed those areas
that are applicable to the Company.

xiv Previous year figures have been reclassified / regrouped to confirm the presentation requirements and the requirements laid down
in Division-I of the Schedule-III of the Companies Act, 2013.

As per our report of even date attached

For R H D B & Co LLP For and on behalf of the Board of Directors

Chartered Accountants JYOTI GLOBAL PLAST LIMITED

Firm''s Registration No: 132490W/W-100125

Viral Shah Hiren Shah Shrutika Mandal

Partner Managing Director Company Secretary

Membership No: 189204 DIN: 00467575 M.No.: A64208

Mumbai

Date: 18th June, 2025

Deven Shah Karan Shah

UDIN: 25189204BMJOZH8552 Whole time Director Chief Financial Officer

DIN: 00467647