Notes to Accounts of Kkalpana Plastick Ltd.

Mar 31, 2025

k. Provisions, Contingent Liabilities & Contingent Assets:

Provisions: Provisions are recognised when there is a present obligation as a result of a past event, it
is probable that an outflow of resources embodying economic benefits will be required to settle the
obligation and there is a reliable estimate of the amount of the obligation. Provisions are measured
at the best estimate of the expenditure required to settle the present obligation at the Balance Sheet
date and are not discounted to its present value.

Contingent Liabilities: Contingent liabilities are disclosed when there is a possible obligation arising
from past events, the existence of which will be confirmed only by the occurrence or nonoccurrence
of one or more uncertain future events not wholly within the control of the Company or a present
obligation that arises from past events where it is either not probable that an outflow of resources will
be required to settle or a reliable estimate of the amount cannot be made, is termed as a contingent
liability.

Contingent Assets: Contingent Assets are neither recognised nor disclosed in the financial statements
since this may result in recognition of income that may never be realised.

l. Segment reporting

The company''s operating businesses being only one segment is organised and managed according to
the nature of products. Accordingly, the business constitutes the Primary Segment for disclosure of
segment information. The Company operates predominantly within the geographical limits of India.
and accordingly, secondary segments have not been considered. The Company prepares its segment
information in conformity with the accounting policies adopted for preparing and presenting the
Financial Statements of the Company as a whole.

m. Impairment of Assets

Impairment loss is recognised wherever the carrying amount of an asset at the Balance Sheet date
based on external and internal sources of information is in excess of recoverable amount and the
same is recognized as an expense in the statement of profit and loss and carrying amount is reduced
to its recoverable amount. Reversal of impairment losses recognized in prior years is recorded when
there is an indication that the impairment losses recognised for the assets no longer exist or have
decreased.

20 . Disclosure under the Micro, Small and Medium Enterprises Development Act, 2006:

The Company has not received any information from vendors regarding their status under the Micro, Small and
Medium Enterprises Development Act, 2006 and hence disclosures relating to amounts unpaid as at the year end
together with interest paid/payable under this have not been given.

26 . Figures in parenthesis in this Schedule indicates figures for the previous year

27 . Previous Year''s figures have been regrouped and/or rearranged wherever necessary.

28 . Trade Payables, Trade Receivables & Advances are subject to confirmation.

As per our attached Report of even date For and on Behalf of the Board

For B. Mukherjee & Co.

Chartered Accountants Sajjan Kumar Sharma Rashi Nagori Mehta

Firm Registration No.302096E (DIN: 02162166) (DIN: 09057989)

Whole Time Director Director

(CA S.K.MUKHERJEE)

Partner

Membership No.006601

UDIN : 25006601BMIBQS5917 Navdeep Bhansali

(ACS-60924)

Place: Kolkata Company Secretary & CFo

Dated: the 20th day of May, 2025

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Mar 31, 2024

k. Provisions, Contingent Liabilities & Contingent Assets:

Provisions: Provisions are recognised when there is a present obligation as a result of a past event, it is probable that an outflow of
resources embodying economic benefits will be required to settle the obligation and there is a reliable estimate of the amount of the
obligation. Provisions are measured at the best estimate of the expenditure required to settle the present obligation at the Balance
Sheet date and are not discounted to its present value.

Contingent Liabilities: Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of
which will be confirmed only by the occurrence or nonoccurrence of one or more uncertain future events not wholly within the control
of the Company or a present obligation that arises from past events where it is either not probable that an outflow of resources will be
required to settle or a reliable estimate of the amount cannot be made, is termed as a contingent liability.

Contingent Assets: Contingent Assets are neither recognised nor disclosed in the financial statements since this may result in
recognition of income that may never be realised.

l. Segment reporting

The company''s operating businesses being only one segment is organised and managed according to the nature of products.
Accordingly, the business constitutes the Primary Segment for disclosure of segment information. The Company operates
predominantly within the geographical limits of India. and accordingly, secondary segments have not been considered. The Company
prepares its segment information in conformity with the accounting policies adopted for preparing and presenting the Financial
Statements of the Company as a whole.

m. Impairment of Assets

Impairment loss is recognised wherever the carrying amount of an asset at the Balance Sheet date based on external and internal
sources of information is in excess of recoverable amount and the same is recognized as an expense in the statement of profit and loss
and carrying amount is reduced to its recoverable amount. Reversal of impairment losses recognized in prior years is recorded when
there is an indication that the impairment losses recognised for the assets no longer exist or have decreased.

1) Numerartor & Denominator used in computing the ratios of both years have been applied consistently.

2) Earning Available for Debt Services = Net Profit (After Tax) Depreciation Interest on Long Term Borrowings /(-) Non-Operating
Expenses/(Income)

3) Profit Attributable to Equity Shareholder = Profit After Tax - Preference Dividend (If any)

4) Average Inventory = (Opening Inventory Closing Inventory)/2

5) Average Trade Receivable = (Opening Trade Receivable Closing Trade Receivable)/2

6) Average Trade Payable = (Opening Trade Payable Closing Trade Payable)/2

²⁰ Disclosure under the Micro, Small and Medium Enterprises Development Act, 2006:

The Company has not received any information from vendors regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 and hence disclosures relating to amounts unpaid as at the year end together with interest paid/payable
under this have not been given.

1. Loans to Plastic Processors and Exporter Pvt. Ltd. being provided @ 8% p.a.

27. Figures in parenthesis in this Schedule indicates figures for the previous year

28. Previous Year''s figures have been regrouped and/or rearranged wherever necessary.

29. Trade Payables, Trade Receivables & Advances are subject to confirmation.

For B. Mukherjee & Co. For and on Behalf of the Board

Chartered Accounts

Firm Registration No. 302096E

Sajjan Kumar Sharma Rashi Nagori Mehta

(DIN: 02162166) (DIN: 09057989)

(CA. S.K. Mukherjee) Whole Time Director Director

Partner

Membership No. 006601
UDIN: 24006601BJZXOA9605

Navdeep Bhansali

Place: Kolkata (ACS-60924)

Date: The 27^th day of May, 2024 Company Secretary & CFO

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Mar 31, 2014

1. We have recorded all known liabilities in the financial statements. The company has not received any intimation from ''suppliers'' regarding their status under the Micro Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amounts unpaid as at the year end together with interest paid / payable as required under this Act have not been given.

2. Land & Buildings & Electric Installation on Tenanted property are not in use since 01.02.2013 but in the opinion of the Management the depreciation value as on 31.3.13 is realizable from Landlord hence neither written off nor depreciation has been provided on the same during the year. Necessary adjustment will be made on realization of the amount from the Landlord.

3. The break up of deferred tax assets and deferred tax liabilities are as given below:

Deferred Tax Assets/ Liability ( Not provided ) 31.03.2014 31.03.2013

Differences in Depreciation and other 40072.00 84612.00 differences in

block of Fixed Assets as per tax books and financial book (Asset) (Asset)

4. Related party disclosures:

Related party disclosures as required under Accounting Standard 18 (AS-18) on "Related Party Disclosures" issued by the Institute of Chartered Accountants of India (ICAI) are given below:

i) Subsidiary Company None

ii) Associated Concerns:

a) KALPENA INDUSTRIES LIMITED.

iii) Key Management Personnel

a) Mr. Jitendra Tiwari, Director

b) Mr. Deo Kishan Kalwani, Director

c) Mrs. Ananya Dey,, Director (appointed on 11.9.2013)

d) Mr. B. L. Bohara, Director (Resigned on 16.01.13)

e) Mr. M. K. Tiwary, Director (Resigned on 03.10.13)

f) Mr. Kashi Nath Agarwal, Director (Resigned on 03.10.13)

5. Figures of the Previous year have been regrouped / rearranged wherever necessary. All amounts have been rounded off to nearest rupees.

In term of our report of even date annexed herewith.

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Mar 31, 2013

1. We have recorded all known liabilities in the financial statements. The company has not received any intimation from ''suppliers'' regarding their status under the Micro Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amounts unpaid as at the yearend together with interest paid / payable as required under this Act have not been given.

2. Figures of the Previous year have been regrouped / rearranged wherever necessary. All amounts have been rounded off to nearest rupees.

In term of our report of even date annexed herewith.

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Mar 31, 2012

1. We have recorded all known liabilities in the financial statements. The company has not received any intimation from 'suppliers' regarding their status under the Micro Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amounts unpaid as at the year end together with interest paid / payable as required under this Act have not been given.

2. Related party disclosures:

Related party disclosures as required under Accounting Standard 18 (AS-18) on "Related Party Disclosures" issued by the Institute of Chartered Accountants of India (ICAI) are given below:

i) Subsidiary Company None

ii) Associated Concerns:

a) KALPENA INDUSTRIES LIMITED.

b) TARA HOLDINGS PRIVATE LIMITED

iii) Key Management Personnel

a) Mr. B. L. Bohara, Director

b) Mr. Mohan Kumar Tiwary, Director

c) Mr. Kashi Nath Agarwal, Director

d) Mr. Jitendra Tiwari, Director

e) Mr. Deo Kishan Kalwani, Director

3) Figures of the Previous year have been regrouped / rearranged wherever necessary. All amounts have been rounded off to nearest rupees.

In term of our report of even date annexed herewith.

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Mar 31, 2010

1. Contingent Liabilities:

Contingent Liabilities are not provided for in respect of Lease Rent amounting to 90,675/-

2. Information pursuant the provisions of paragraphs 3, 4C, 4D of Part -II of Schedule VI of the Companies Act, 1956 :

3. Figures of the Previous year have been regrouped / rearranged wherever necessary. All amounts have been rounded off to nearest rupees. In term of our report of even date annexed herewith.