Notes to Accounts of NDA Securities Ltd.

Mar 31, 2025

Disputed Transaction - Bombay Stock Exchange:

An amount of ? 16.01 Lacs paid to the Bombay Stock Exchange on account of an erroneous trade dated 1st April 2013 involving the purchase of 1,00,000 equity shares of Ashutosh Paper Mills Ltd. has been excluded from trade receivables.

The company has filed a legal case in respect of this transaction, which is currently pending adjudication in court. The amount had been written off in the books of accounts in earlier years. The disputed shares are currently lying in the company''s demat account.

(ii) Rights, preference and restrictions attached to equity shares

The Company has only one class of equity shares having par value of ^10 per share. Each holder of equity shares is entitled to one vote per share. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case of interim dividend.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders. The equity shareholders have all other rights as available to the equity shareholders as per the provisions of Companies Act, 2013 read together with the Memorandum of Association and Articles of Association of the Company as applicable.

Notes for variation in ratios by more than 25%

a. The variance in the current ratio is due to higher amount of current liabilities during the current year.

b. During the year, the company fully repaid the loan, resulting in a closing balance of zero. This led to a 100% decrease compared to the previous year

c. Debt service coverage ratio is not applicable due to zero debt

d. The variance in the Return on Equity ratio is primarily due to an increase in revenue as compared to expenses during the current year, resulting in higher net profit earned by the Company

e. The Inventory Turnover Ratio is not applicable as the Company has not held any inventory during the current or previous financial year

f. The variance in the trade receivables turnover ratio is due to higher amount of sales achieved by the Company, collections of which are due in the next year.

g. The variance in the trade payables turnover ratio is due to higher amount of operations cost incurred by the Company during the current year.

h. The variance in the Net profit ratio is primarily due to gain on sale of investment property during the year.

i. The variance in the return on capital employed is due to primarily due to a significant increase in operating profits and gain on sale of investment property during the year.

Terms and conditions of transactions with related parties

The transactions with related parties are made on terms equivalent to those that prevail in arm''s length transactions. Outstanding balances at the end of the period are unsecured and interest free and settlement occurs in cash. There have been no guarantees provided or received for any related party receivables or payables.

34. Disclosure relating to employee benefits pursuant to Ind AS 19 - Employee Benefits

a) Defined contribution plans

The Company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/termination is the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service.

b) Defined benefit plans

1. Gratuity

The Company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/termination is the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service.

35. Subsequent events

There were no significant events after the end of the reporting period which require any adjustment or disclosure in the financial statements

36. Fair value measurement

I. Accounting classification and fair values

The following table shows the carrying amount and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy:

II. Valuation techniques used to determine fair value

Specific valuation techniques used to value financial instruments include :

1. Quoted equity investments - Quoted closing price on stock exchange

2. Mutual fund - net asset value of the scheme

3. Alternative investment funds - net asset value of the scheme

4. Unquoted equity investments - price multiples of comparable companies.

5. Private equity investment fund - Net Asset Value of the audited financials of the funds.

6. Real estate fund - Net Asset Value, based on the independent valuation report or financial statements of the company

III. Financial instruments not measured at fair value

Financial assets not measured at fair value includes cash and cash equivalents, trade receivables, loans and other financial assets. These are financial assets whose carrying amounts approximate fair value, due to their short-term nature.

Additionally, financial liabilities such as trade payables and other financial liabilities are not measured at FVTPL, whose carrying amounts approximate fair value, because of their short-term nature.

35. Capital management

For the purpose of the Company''s capital management, capital includes issued equity share capital, security premium and all other equity reserves attributable to the equity holders of the Company. The Company manages its capital to ensure that the Company will be able to continue as going concern while maximizing the return to stakeholders through optimization of debt and equity balance. Further its objective is to maintain an adequate capital base so as to maintain creditor and market confidence and to sustain future development.

36. Contingent liabilities and commitments A) Contingent liabilities

There are no contingent liabilities as on March 31,2025.

37. Capital work in progress includes following pre-operative expenses pending allocations:

There are no Capital Work in Progress as on March 31, 2025.

38. Events occurring after the Balance sheet date

No adjusting or significant non-adjusting events have occurred between the reporting date and date of authorization of these financial statements.

39. Details of Crypto currency or Virtual currency

The Company has not traded or invested in Crypto currency or virtual currency during the reporting period.

40. Relationship with struck off companies

The Company does not have any transaction with companies struck off under section 248 of Companies Act, 2013 or section 560 of Companies Act, 1956 and hence no disclosure is required.

41. Benami property transactions

The Company does not hold any benami property and no proceedings have been initiated or pending against the Company under Benami Transactions Prohibition Act 1988 (45 of 1988) and the rules made thereunder.

42. Corporate Social Responsibility

The Company is not covered under section 135 of Companies Act 2013.

43. Compliance with number of layers of companies

The Company has one subsidiary company, namely NDA Commodity Brokers Private Limited. The Company is in compliance with the provisions regarding the number of layers as prescribed under clause (87) of section 2 of the Companies Act, 2013 read with the Companies (Restriction on Number of Layers) Rules, 2017.

44. Wilful defaulter

As on March 31,2025 the Company has not been declared wilful defaulter by any bank/financial institution or

other lender.

45. Undisclosed Income

The Company does not have any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 ( such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

46. Loans and advances and end use of funds

The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understand that 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.

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.

47. Information pursuant to the provisions of Section 22 of Micro, Small and Medium Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act. No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006.

48. The Company has prepared these financial statements as per the format prescribed by Revised-Amended Schedule III to the Companies Act, 2013 (''the schedule'') issued by Ministry of Corporate Affairs. Previous year figures have been recast /restated, regrouped, rearranged, reclassified to conform to the classification of the current year.

49. Shares pledge by Clients as margin in Futures & option and Capital market have been repledge with our clearing member M/s Globe Capital Market Ltd. and also Lying with the our different beneficiary account in Depository have not been taken in our books of accounts, as the beneficial ownership belongs to the clients only and also Tds on Dividend Received on these share does not belongs to dividend income of the company as beneficial owner of these share are clients of the company hence such dividend income has been credited to respective clients.

50. The accounts of certain Sundry Debtors and Creditors, Advances Received from customers

and Advance paid to suppliers are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year''s financial statements. In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business and provision for all known liabilities have been adequately made in the books of accounts.

51. The Entire operation of the company relates to only one reportable segment therefore segment reporting by Ind As 108 is not required

52. The Current Period refers to the period April 01,2024 to March 31,2025. (Previous year refers to

April 01, 2023 to March 31,2024). The figures appearing in the financial statements have been rounded off to nearest lacs as per amendment made in Such-III of Company Act and are in agreement with the books of accounts or group of account.

53. Previous year figures have been regrouped or reclassified, wherever to conform to the current year''s presentation.

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Mar 31, 2024

Debtors includes Rs.Nil due for the related concern or related parties and trade receivable of Rs 12.07 lacs which is overdue for a period exceeding Six Months Excludes Rs. 16.01 Lacs paid to Bombay stock exchange on account of wrong purchase Trade done on 1st April 2013 in 100000 equity share of Ashutosh Paper Mills Ltd. For which company has filed a judicial case which is pending in court. During the financial year this is amount had been written off in the financial Statement. The Disputed Shares are lying in the demat account of company.

Note 1. The Equity Securities which are not held for trading , for which the company has made an irrevocable election at initial recognition to recognise changes in Fair Value through OCI rather than profit and loss account as these are strategic investments and the company considered this to be more relevant.

Stocks of quoted share /debentures and other securities are valued at fair price. The difference between the fair value of inventory and the cost price or market price has been recognised in profit and loss account. Stock of unquoted and physical shares and other securities valued at the cost price

On Trasition to IND As, the carrying value of Investment Property under the previous GAAP have been considered as carrying amount to be the deemed under IND AS. Investment in Property has been made in immoveable property for capital appriciation being a land situated in Noida book value of which is 17.04/- Lacs and fair market value of the land is same as on the reporting date.

16.01) Trade Payable includes Rs. Nil payable to Director of company.

16.02) Trade Payable Includes Rs. 10.54 Lacs received form Unknown clients no further instruction have been received from stock exchange hence this amount has been kept in current Clients account .

16.03) Trade Payable Includes Rs. 2.56 Lacs payable to old dormant clients which is not traceble for payments and hence not settled (as per instruction of Stock Exchange. There were no amounts which were required to be tranferred to the investor education and protection fund by the company.

37 Contingent Liabilities and Commitments :

The Company is contingently liable for bank guarantees outstanding for an amount of Rs.Nil (Previous Year Rs.268.75 lacs

43 Additional Information to financial statements : a Details of Benami property held

The company does not have any benami property where any proceeding have been initiated or pending against the company for holding any benami property under the Benami Transaction ( Prohibition ) Act 1988 and rules made there under.

b Wilful defaulter

The company has not declared as wilful defaulter by any bank or financial institution or any other lender. c Relationship with Struck off co.

The company has not done any transaction with any company which has been struck off under section 248 of companies act 2013 and section 560 or companies act 1956. d Registration of charge at registrar of companies

There is no charge or satisfaction of charges which is yet to be registered with Registrar of Companies. e Crypto Currency or Virtual Currencies

Company has not traded or invested in any crypto currencies or virtual currencies during the financial year. f Undisclosed Income

The Company does not have any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 ( such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

g Loans and advances and end use of funds

The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understand that 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.

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

b) Provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

44 Fair Value Measurement Fair value hierarchy

The Company determines fair value of its financial instruments according to following hierarchy:

Level 1: Category includes financials assets and liabilities that are measured in whole or significant part by reference to published quotes in an active market

Level 2: Category includes financials assets and liabilities that are measured using a valuation technique based on assumptions that are supported by prices from observable current market transactions.

Level 3: Category includes financials assets and liabilities that are measured using valuation techniques based on nonmarket observable inputs and subsidiaries/ associates are carried at deemed cost. This means that fair value are determined in whole or in part using a valuation model based on assumptions that are neither supported by prices from observable current market transactions in the same instrument nor are they based on available market data. The main asset classes in this category are unlisted equity investments as well as unlisted funds.

45 Financial Risk Management

The Company is exposed to market risk, strategic, financial, security, property, IT, legal, regulatory, reputation credit risk liquidity & interest rate risk, capital management risk and other risk. The Company''s risk management function is carried out by the Risk Management department that is guided and supported by Risk Management Committee that reviews risk management policy annually that advises on financial risks and the appropriate governance framework for the Company. The Risk Management Committee provides assurance to the Board that the Company''s financial risk activities are governed by appropriate policies procedures and that financial risks are identified measured and managed in accordance with the Company''s policies and risk objectives. The major risks are summarised below:

Market Risk :-

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices.

(i) Price Risk

The Company has quoted investments which are exposed to fluctuations in stock prices.

However, the company continuously monitors market exposure for both equity and Mutual Funds.

(ii) Foreign exchange risk

There are no transactions entered in foreign currency and therefore it is not exposed to foreign currency risk.

(iii) Interest Rate Risk

interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company may be impacted by volatility in interest rates in India which could cause its margins to decline and profitability to shrink. As the company does not have any borrowing except in nature of Overdraft Facility against pledge of Fixed deposit receipts so the company is not subject to interest rate risk on account of any fluctuation in the base rate fixed by the banks. The Company seeks to match its interest rate positions of assets and liabilities to minimize interest rate risk.

Credit risk management

In case of Trade receivables the collections of trade dues are strictly monitored and all are realisable within a period of 12 months.

There are no lending loans to the company at the end of reporting period hence, not associated with credit risk.

Liquidity risk

Liquidity risk is the risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial asset.

The company maintains adequate liquidity in the system so as to meet its all financial liabilities timely. In addition to this, the company''s overall financial position is very strong so as to meet any eventuality of liquidity tightness as the company operates on cash basis which is highly liquid.

Capital Management Risk

The Reserve Bank of India (RBI) sets and monitors capital adequacy requirements for the Company from time to time.However capital adequacy norms are not applicable to the company.

The company manages its capital to ensure:-

to continue as a going concern while maximising its return to shareholders and an optimum capital structure to reduce the cost of capital

The company''s capital structure is determined by the Management from time to time on the basis of factors such as profitability, liquidity etc.

46 Information pursuant to the provisions of Sect on 22 of M ic ro, S ma I l an d M ed i um Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act. No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006.

47 The Company has prepared these financial statements as per the format prescribed by Revised-Amended Schedule III to the Companies Act, 2013 (''the schedule'') issued by Ministry of Corporate Affairs. Previous year figures have been recast /restated, regrouped, rearranged, reclassified to conform to the classification of the current year.

48

Shares pledge by Clients as margin in Futures & option and Capital market have been repledge with our clearing member M/s Globe Capital Market Ltd. and also Lying with the our different beneficiary account in Depository have not been taken in our books of accounts, as the beneficial ownership belongs to the clients only and also Tds on Dividend Received on these share does not belongs to dividend income of the company as beneficial owner of these share are clients of the company hench such dividend income has been credited to respective clients.

49 The accounts of certain Sundry Debtors and Creditors, Advances Received from customers and Advance paid to suppliers are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year''s financial statements. In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business and provision for all known liabilities have been adequately made in the books of accounts.

50 The Entire operation of the company relates to only one reportable segment therefore segment reporting by Ind As 108 is not required

51 The Current Period refers to the period April 01, 2023 to March 31, 2024. (Previous year refers to April 01, 2023 to March 31, 2024). The figures appearing in the financial statements have been rounded off to nearest lacs as per amendment made in Such-III of Company Act and are in agreement with the books of accounts or group of account.

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Mar 31, 2015

1.1 Contingent Liabilities and Commitments :

The Company is contingently liable for bank guarantees outstanding for an amount of Rs.230 lacs (Previous Year Rs.180 lacs ).

1.2 Contracts: Estimated amounts of contract remaining to be executed on capital account are Nil

1.3 Shares received from Clients as margin in Furures & option and Capital market have been deposited with our clearing member M/s Globe Capital Market Ltd. and Lying with the depository participant have not been taken in our books of accounts as the beneficial ownership belongs to the clients only.

1.4 Segmental Reporting under Accounting Standard -17, issued by ICAI is not applicable to the Company.

1.5 Related party Disclosure

As per accounting standard 18 on "Related party Disclosure" issued by the Institute of Chartered Accountants of India the disclosure of transactions with the related party is as under:

1.6 "Information pursuant to the provisions of Section 22 of Micro, Small and Medium Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act.No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006."

1.7 "The accounts of certain Sundry Debtors and Creditors, Advances for supplies and are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year's financial statements. In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business "

1.8 The Company has prepared these financial statements as per the format prescribed by Revised Schedule III to the Companies Act, 2013 ('the schedule') issued by Ministry of Corporate Affairs. Previous Year figures have been recast/restated, regrouped, rearranged, reclassified to conform to the classification of the current year.

1.9 "The Current Period refers to the period April 01, 2014 to March 31, 2015. (Previous year refers to April 01, 2013 to March 31, 2014)."

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Mar 31, 2014

1 Background

NDA Securities Limited is Formed on 21.09.1992 vide Registraton No. L74899DL1992PLC050366. Mr. Sanjay Agarwal, Mrs. Deepti Agarwal, Mr. Uma Shanker Gupta, Mr. Lalit Gupta and Mr. Ram Kishan Sanghi are the Present Directors of the Company.The Company has trading membership in National Stock Exchange, Bombay Stock Exchange, Mcx Currency Exchange and it is also a Depository Participant of National Securities Depositaries Ltd.

2.1 Shareholders funds

2.1.1 Share Capital

d) The Company has not allotted any fully paid up equity shares without payment being received in cash and by way of bonus shares nor has bought back any class of equity shares during the period of five years immediately preceding the balance sheet date.

2.2.2 Deferred Tax Liability (NET)

As per the requirement of the Accounting Standard 22 on "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India, the net deferred tax liabilities written off from Statement of Profit and Loss A/c is Rs.4,66,136/- [Previous Year - Deferred Tax Liability Debited Rs. 4,40,827/-]. The year-end position of Deferred Tax Liability is given below:

Trade payables include Rs. Nil payable to related parties. *Margin include Rs. 3,22,692/- payable to related parties

(During the year the Company has sold 5,40,000/- share of its Subsidiary Co @ Rs. 11 Each out of which 90000 share has been sold to Director of the Company

(An Amount of Rs. 156095 has been write off during the year as the realisable value of quoted invest- ment is Nil

Inventories being Stock are valued lower of cost and realisable value is Nil.

No provision has been made for for Rs 8.11 Lacs as the realisable value of stock is Nil.

3.1 Contingent Liabilities and Commitments :

The Company is contingently liable for bank guarantees outstanding for an amount of Rs.180 lacs (Previous Year Rs.180 lacs).

3.2 Contracts: Estimated amounts of contract remaining to be executed on capital account are Nil

3.3 Shares received from Clients as margin in Furures & option and Capital market have been deposited with our clearing member M/s Globe Capital Market Ltd. and Lying with the depository participant have not been taken in our books of accounts as the beneficial ownership belongs to the clients only.

3.4 Segmental Reporting under Accounting Standard -17, issued by ICAI is not applicable to the Company.

3.5 Related party Disclosure

As per accounting standard 18 on "Related party Disclosure" issued by the Institute of Chartered Accountants of India the disclosure of transactions with the related party is as under:

(a) Related Parties

Mr. N. D. Agarwal Relative Of Director

N D Agarwal & Sons (HUF) Relative HUF

Uma Shanker Gupta & Sons (HUF) Relative HUF

Seema Gupta Relative Of Director

Ashutosh Gupta Relative Of Director

b) Key Managerial Personnel

Mr. Sanjay Agarwal Managing Director

Mrs. Deepti Agarwal Whole time Director

Mr. U. S. Gupta Director

Lalit Gupta Director

Ram Kishan Sanghi Director

c) Related Concerns

NDA Share Brokers Ltd. Subsidiary Company

NDA Commodity Brokers P. Ltd Subsidiary Company

NDA Realties Pvt Ltd. Group Company

NDA Research & Technologies P Ltd sGroup Company

3.6 Information pursuant to the provisions of Section 22 of Micro, Small and Medium Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act.No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006.

3.7 The accounts of certain Sundry Debtors and Creditors, Advances for supplies and are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year''s financial statements.In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business

3.8 The Company has prepared these financial statements as per the format prescribed by Revised Schedule VI to the Companies Act, 1956 (''the schedule'') issued by Ministry of Corporate Affairs. Previous year figures have been recast/restated,regrouped, rearranged, reclassified to conform to the classification of the current year.

3.9 The Current Year refers to the period April 01, 2013 to Mar 31, 2014. (Previous year refers to April 01,2012 to March 31, 2013).

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Mar 31, 2013

1 Background

NDA Securities Limited is Formed on 21.09.1992 vide Registraton No. L74899DL1992PLC050366. Mr. Sanjay Agarwal, Mrs. Deepti Agarwal, Mr. Uma Shanker Gupta, Mr. Lalit Gupta and Mr. Ram Kishan Sanghi are the Present Directors of the Company.The Company has trading membership in National Stock Exchange, Bombay Stock Exchange, Mcx Currency Exchange and it is also a Depository Participant of National Securities Depositaries Ltd.

2.1 Contingent Liabilities and Commitments :

The Company is contingently liable for bank guarantees outstanding for an amount of Rs.150 lacs (Previous Year Rs.180 lacs ).

2.2 Contracts: Estimated amounts of contract remaining to be executed on capital account are Nil

2.3 Shares received from Clients as margin in Furures & option and Capital market have been deposited with our clearing member M/s Globe Capital Market Ltd. and Lying with the depository participant have not been taken in our books of accounts as the beneficial ownership belongs to the clients only

2.4 Segmental Reporting under Accounting Standard -17, issued by ICAI is not applicable to the Company.

2.5 Related party Disclosure

As per accounting standard 18 on "Related party Disclosure" issued by the Institute of Chartered Accountants of India the disclosure of transactions with the related party is as under:

a) Related Party where control exists:

Mr. N. D. Agarwal Relative Of Director

N D Agarwal & Sons (HUF) Relative HUF

Uma Shanker Gupta & Sons (HUF) Relative HUF

Seema Gupta Relative Of Director

Ashutosh Gupta Relative Of Director

b) Key Managerial Personnel

Mr. Sanjay Agarwal Managing Director

Mrs. Deepti Agarwal Whole time Director

Mr. U. S. Gupta Director

Lalit Gupta Director

Ram Kishan Sanghi Director

c) Related Concerns

NDA Share Brokers Ltd. Subsidiary Company

NDA Commodity Broker P. Ltd Subsidiary Company

NDA Realties Pvt Ltd. Group Company

NDA Research & Technologies P Ltd Group Company

2.5 Information pursuant to the provisions of Section 22 of Micro, Small and Medium Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act.

No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006.

2.6 The accounts of certain Sundry Debtors and Creditors, Advances for supplies and are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year''s financial statements.

In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business.

2.7 The Company has prepared these financial statements as per the format prescribed by Revised Schedule VI to the Companies Act, 1956 (''the schedule'') issued by Ministry of Corporate Affairs. Previous year figures have been recast/restated,regrouped, rearranged, reclassified to conform to the classification of the current year.

2.8 The Current Year refere to the period April 01,2012 to March 31,2013. (Previous year refers to April 01, 2011 to March 31,201

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Mar 31, 2012

1. The Company is contingently liable for bank guarantees outstanding for an amount of Rs. 180 Lac (Previous Year Rs. 280 Lac).

2. Figures of the previous year have been regrouped/ rearranged wherever necessary to make them comparable with figures of current year.

3. Estimated amount of contracts remaining to be executed on capital account are Rs. NIL Previous Year NIL.

4. Sundry Debtors, Loans, Advance, Deposits and Creditors are subject to confirmation.

5. In the opinion of management, debtors, deposits, advances and other current assets are recoverable at par of book value in the ordinary course of business.

6. No provision has been made for the shortfall of Rs. 8.11 Lac (PY Rs. 8.11 Lac) in respect of fall of market value of stocks-in-trade of shares. Due to non-provision of this short fall profit of the Company has increased by Rs. 8.11 Lac (PY Rs. 8.11 Lac).

7. No provision of Rs. 1.56 Lacs (PY Rs. 1.56 Lacs) has been made for the shortfall in respect of the cost value and the market value of long term quoted investments as the Directors are of the opinion that diminution in value is not permanent.

8. Paisa have been rounded off to the nearest Rupee.

9. Information with regard to other matters specified in clauses 3(ii), 3(iv), 3(x), 4, 4(A), 4(C) & 4(D) of Part-II of Schedule-VI to the Companies Act, 1956 to the extent that they are either Nil or not applicable to the Company has not been given.

10. Shares received from Clients as Margin in futures & Options and capital market Segment have been deposited with our Clearing Member M/s. Globe Capital Markets Ltd., and lying with the Depository participant, have not been taken in our books as the beneficial ownership belongs to the clients only

11. Schedules 1 to 15 form an integral part of the Balance Sheet and Profit and Loss Account.

12. Segment reporting under Accounting Standard - 17 issued by ICAI is not applicable to the Company

13. Borrwoing Cost on loan: Borrowing cost of Rs. Nil on Term loan against property advance (Investments) has been capitalized during the year, previous year Rs. 8,59,196/-

14. Earning per share as required by Accounting Standard (AS-20), issued by ICAI is given below:-

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Mar 31, 2010

1. The Company is contingently liable for bank guarantees outstanding for an amount of Rs. 280 Lac (Previous Year Rs. 280 Lac). and the company is also contingently liable for corporate guarantee given to its subsidiary company for bank guarantee of Rs. 200 lac (Previous year 200 lac).

2. Figures of the previous year have been regrouped/ rearranged wherever necessary to make them comparable with figures of current year.

3. Estimated amount of contracts remaining to be executed on capital account are Rs. NIL Previous Year NIL.

4. Sundry Debtors, Advance, Deposits and Creditors are subject to confirmation.

5. In the opinion of management, debtors, deposits, advances and other current assets are recoverable at par of book value in the ordinary course of business.

6. No provision has been made for the shortfall of Rs. 8.11 Lac in respect fall of market value of stocks- in-trade of shares. Due to non-provision of this short fall profit of the Company has increased by Rs. 8.11 Lac.

7. No provision has been made for the shortfall in respect of the cost value and the market value of long term quoted investments as the Directors are of the opinion that diminution in value is not permanent.

8. Paisa have been rounded off to the nearest Rupee.

9. Information with regard to other matters specified in clauses 3(ii), 3(iv), 3(x), 4, 4(A), 4(C) & 4(D) of Part-II of Schedule-VI to the Companies Act, 1956 to the extent that they are either Nil or not applicable to the Company has not been given.

10. Shares received from Clients as Margin in futures & Options and capital market Segment have been deposited with our Clearing Member M/s. Globe Capital Markets Ltd., and lying with the Depository participant, have not been taken in our books as the beneficial ownership belongs to the clients only.

11. Schedules 1 to 14 form an integral part of the Balance Sheet and Profit and Loss Account.

12. Segment reporting under Accounting Standard – 17 issued by ICAI is not applicable to the Company.

13. Related party disclosures as required by Accounting Standard (AS-18), issued by ICAI, are given below:- (a)

1) NDA Share Brokers Ltd. Subsidiary Company

2) NDA Commodity Brokers Pvt. Ltd. Subsidiary Company

3) NDA Research & Technologies Pvt. Ltd. Group Company

4) NDA Realties. Ltd. Group Company

(b) Other related parties with whom transactions have taken place during the year. Key Management personnel and their relatives

- Mr. N. D. Agarwal (Consultant)

- Mr. Sanjay Agarwal (Managing Director)

- Deepti Agarwal (Director)

- Mr. U.S. Gupta (Director)

14. Borrwoing Cost on loan: Borrowing cost of Rs. 28,95,740/- on Term loan against property has been capitalized during the year, previous year Rs. 26,95,495/- 17. Earning per share as required by Accounting Standard (AS-20), issued by ICAI is given below:-

15. Additional information as required under IV of Schedule VI to the Companies Act, 1956 is enclosed.