Notes to Accounts of Omansh Enterprises Ltd.

Mar 31, 2025

viii. Provisions and Contingent Liabilities

The Company creates a provision when there is present obligation as a result of a past event that
probably requires an outflow of resources and a reliable estimate can be made of the amount of the
obligation.

A disclosure for a contingent liability is made when there is a possible obligation or a present
obligation that may, but probably will not, require an outflow of resources. The Company also
discloses present obligations forwhich a reliable estimate cannot be made. When there is a possible
obligation ora present obligation in respect of which the likelihood of outflow of resources is remote,
no provision or disclosure is made.

ix. Borrowing costs

Borrowing costs consist of interest and other costs that an entity incurs in connection with the
borrowing of funds. Borrowing cost also includes exchange differences to the extent regarded as an
adjustment to the borrowing costs

x. Earnings per Share

Basic earnings per share are calculated by dividing the profit after tax or loss for the period
attributable to equity shareholders by the weighted average number of equity shares outstanding
during the period. In case there are any dilutive securities during the period presented, the impact
of the same is given to arrive at diluted earnings per share.

NOTE: Contingent Liability & Capital Commitments

a) Company do/ do not have any Contingent Liability for the year under review.

b) Company do / do not have any Capital Commitments for the year under review.

NOTE: Segment Reporting

The geograpical segment of the comnpany is the primary the reporting segment ie operating in India and the business
segment is the secondary segment.

NOTE: Corporate Social Responsbilitv

Where Compoany falls under the provision of section 135 Of the companies Act, 2013 i.e. CSR Provision, then Auditor
needs to give disclosure about its nature, amount spent or expenditure incurred etc in the Notes of Accounts.

Note: Details Of Benami Property

Where any proceedings have been initiated or pending against the Companyfor holding any Benami Property under the Benami Transactions ( Prohibitions) Act, 1988
and the rules made thereunder, the company shall disclose the details .amount,of such property.

Note : Registration Of Charges or Satisfaction with Registrar of Companies

Where any charges or satisfaction yet to be registered with ROC beyond the statutory period, details and reasons shall be disclosed by the Auditor in the Notes to
Accounts

Note: Undisclosed Income

The Copmpany shall disclosed of that transaction which were not recorded in the books of accounts or that has been surrendered or disclosed as income suring the
year in the tax assessments.

Note; Details of Crypto / Virtual Currency

Where the company hasc traded or investef in Crypto currency or Virtual Currency during the financial year. then auditor need to disclose its profit or loss on trasction
or amount of currency otc in the notes of accounts.

As per Reports of even Date

For MKRJ & Company For and on behalf of the Board of Directors

Chartered Accountants

Firm’s Registration Number - 030311N

Mukesh Kumar Jain Babulal Bhawarlal Kharwad Muskan

Partner Whole Time Director Company Secrotary

Membership No. 073972 DIN - 08005282 PAN:EOFPM0137H

UDtN: |

Place: New Delhi Sushila Babulal Kharwad Santosh

Dated: Director Chief Financial Officer

_PIN -10016692_PAN:FW0PS26551|

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Mar 31, 2024

3.8 Provisions and Contingent Liabilities

The Company creates a provision when there is present obligation
as a result of a past event that probably requires an outflow of
resources and a reliable estimate can be made of the amount of
the obligation.

A disclosure for a contingent liability is made when there is a
possible obligation or a present obligation that may, but probably
will not, require an outflow of resources. The Company also
discloses present obligations for which a reliable estimate cannot
be made. When there is a possible obligation or a present
obligation in respect of which the likelihood of outflow of resources
is remote, no provision or disclosure is made.

3.9 Borrowing costs

Borrowing costs consist of interest and other costs that an entity
incurs in connection with the borrowing of funds. Borrowing cost
also includes exchange differences to the extent regarded as an
adjustment to the borrowing costs

3.10 Earnings per Share

Basic earnings per share are calculated by dividing the profit after
tax or loss for the period attributable to equity shareholders by the
weighted average number of equity shares outstanding during the
period. In case there are any dilutive securities during the period
presented, the impact of the same is given to arrive at diluted
earnings per share.

C Terms/rights/restrictions attached to equity shares

The Company has onlyone class of equity shares having a par value ofRs. 2 per share. Each holderof equity shares is entitled to one vote per share. The
divi dend recommended by the Board of Di rectors and approved by theshareholdersin theAnnualGeneral Meeti ng i s pai d in Indian Rupees. Inthe eventof
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.

24 CIRP against the Company

The National Company Law Tribunal (NCLT) vide its order dated 31^st
January 2024, ordered commencement of Corporate Insolvency
Resolution Process (CIRP) for the Company. Further vide its order dated
29^th February 2024, the Hon''ble NCLT sanctioned the Resolution Plan on
February 29, 2024.

25. Deferred Tax Calculation

The Company has not accounted for deferred tax due to uncertainty of
taxable profit in near future.

26. Classification of Assets and Liabilities as Current and Non-Current:

All assets and liabilities are classified as current or non-current as per the
group''s normal operating cycle and other criteria set out in Schedule III of
the Act.

27. Ageing of Trade Payable Schedule

The Company has executed an agreement with VIVA ENTERPRISES, on
1^st April 2022 and assign all the Debtors and Creditors to VIVA Enterprises.

28 Disclosure relating to MSME Trade Payables:

The information about the status of the MSME from the Vendors is yet to be
obtained. However, to our best knowledge, there are no outstanding dues
to Micro, Small and Medium Enterprises to the extent information available
with the company.

29 Capital work-in-progress ageing schedule:

Since Capital work-in-progress as on 31^st March 2023 is NIL, hence
disclosure relating to its ageing schedule are not applicable to the
company.

30 Intangible assets under development ageing schedule:

Intangible assets under development as on 31^st March 2023 is NIL, hence
disclosure relating to its ageing schedule are not applicable to the
company.

31. Ageing of Trade Receivables Schedule

The Company has executed an agreement with VIVA ENTERPRISES,
one of its Debtors, on 1^st April 2022 and assign all the Debtors and
Creditors to VIVA Enterprises.

32 Benami Property under the Benami Transactions (Prohibition) Act,
1988

No proceedings have been initiated or pending against the Company for
holding any benami property under the Benami Transactions (Prohibition)
Act, 1988 and rules made thereunder, as at 31^st March 2023 and 31^st March
2022.

33 Crypto currency or Virtual Currency

The Company has not traded or invested in Crypto currency or Virtual
Currency during the year ended 31^st March 2023, and 31^st March 2022.

34 Reconciliation of Balances

In the absence of confirmation from some of the parties and pending
reconciliation the debit and credit balances with regard to recoverable and
payable have been taken as reflected in the books. In the opinion of the
Directors, Loans and Advances and Current Assets, if realized in the
ordinary course of business, have the value at which they are stated in the
Balance Sheet. Therefore, Balances of Sundry Customers, Suppliers,
Loans given or taken Advances to suppliers and others are subject to
confirmations.

35 Undisclosed Income

There have been no transactions which have not been recorded in the
books of accounts that have been surrendered or disclosed as income
during the year ended 31 March 2023 and 31 March 2022, in the tax
assessments under the Income Tax Act, 1961. There have been no
previously unrecorded income and related assets which were to be
properly recorded in the books of account during the year ended 31^st March
2023 and 31^st March 2022

36 Provision for Non-Performing Assets

During the year, the Company has provided Rs. NIL/- (P.Y. NIL-), towards
Non- performing Assets in accordance with the prudential norms
prescribed by Reserve Bank of India.

37 Registration/Satisfaction of Charges with ROC

Since the company has not mortgaged any property / assets whether
moveable or immoveable, nor has taken any loan, hence the disclosure
regarding registration and satisfaction of Charges with Registrar of
Companies is not applicable.

38 Title deeds of immoveable property not held in the name of Company

The Company does not hold any immovable property either owned or
leased as on 31^st March 2023 and 31^st March 2022, hence disclosure
relating to Title deeds of immoveable property held in the name of the
company and / or its revaluation are not applicable.

39 Quarterly Returns of Current Assets

Since the company has not taken any borrowings from any banks and / or
financial institutions, hence disclosure relating to filing of quarterly returns
or statement of current assets are not applicable.

40 Willful Defaulter

The Company is not a declared willful defaulter by any bank or financial
Institution or other lender, in accordance with the guidelines on willful
defaulters issued by the Reserve Bank of India, during the year ended 31^st
March 2023 and 31^st March 2022.

45. Details as required under regulation 53 (f) read with para (A) of
schedule VI of SEBI (Listing obligation and disclosure requirement)
Regulations in respect of loan, advances and investment in
Companies under same Management.

Not applicable on the Company as the Company as there is no Non¬
Convertible securities listed on BSE.

46 Disclosure as required under section 186 (4) of Companies Act, 2013:

47 Disclosure Requirements of IND AS

Previous Year figures have been re-arranged/re-grouped, wherever
necessary to confirm to current year Classification

48 Securities premium

The Company has not issued any shares/Securities therefore, the
Provisions is not applicable.

49. Event After Reporting Date

There have been no events after the reporting date that require
adjustment/disclosure in these financial statements.

50 Subsidiary/Joint Ventures

The Company does not have subsidiary, associate and joint venture,
hence reporting under clause 3(xxi) of the Order is not applicable.

51 Corporate Social Responsibility

The Company doesn''t fall under the ambit of Section 135 (1) read with the
Companies (Corporate Social Responsibility Policy) Rules, 2014. Hence
formulation of Corporate Social Responsibility policy is not applicable to
the Company

52. Compliance with approved scheme of arrangements

The company has not applied for any scheme of arrangements with any
competent authority in terms of sections 230 to 237 of the Companies Act,
2013, hence disclosure relating to same are not applicable.

53. Disclosure relation to utilization of borrowed funds for specific
purpose:

The company has not taken any borrowing from any Banks and/or financial
institutions, hence disclosure relating to Utilization of borrowings for
specific purpose are not applicable.

54. Cash Flow Statement

Cash Flow Statement is prepared in accordance with the requirements of
IND AS 7 Statement of Cash Flows

55. Valuation of Inventory

In the preparation of the Financial Statement as at 31^st March 2023, the
Stock of the Company is valued at Cost.

As per our report of even date
FOR M.K.R.J.& CO.

CHARTERED ACCOUNTANTS For and on Behalf of Board

Firm Registration No. 0030311N

Sd/- Sd/-

Sd/-

Govindan Krishnan Rajiv Vashisht

(MUKESH KUMAR JAIN)

Whole-time Director Director

^PARTNER Din: 08544832 DIN: 02985977

Membership No.073972

UDIN: 24073972BKFARU2265 Sd/- Sd/-

Anshu Kumari Agarwal Ajay Suresh Yadav

Date: 30.08.2024 Company Secretary CFO

Place: Delhi PAN: BVWPA9726M PAN: ADAPY2594A

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Mar 31, 2015

1.1 Compliance with Accounting Standards

(i) Related Party Transaction

During the financial year, the Company has not entered into transaction with related parties.

(ii) As per Accounting Standard 22 on accounting for taxes on Income issued by Institute of Chartered Accountants of India, the Company has not accounted for asset/liability for the year as the amount involved was not material.

1.2 Earning Per Share

Basic & Diluted EPS is 0.01

Basic earning per equity share has been computed by dividing net profit after tax by the weighted average number of equity shares outstanding during the period. There are no potential equity shares outstanding and as such the Diluted earning per share is same as basic earning per share.

1.3 Amortisation of Preliminary Expenses

The Preliminary Expenses are amortised over a period of 5 years in equal instalment as per the provision of Section 35B of the Income Tax Act, 1961. The fees paid to the Bombay Stock Exchange for the Direct Listing of the Securities of the Company has been categorized as Preliminary Expenses and will be amortised over a period of 5 years.

1.4 Other Information

Previous year figures heve been rearranged/regrouped, wherever necessary, to comply with the disclosure requirements of Revised Schedule VI of the Companies Act, 1956.

Sundry Debit and Credit Balance are subject to confirmation.

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Mar 31, 2013

Previous year figures have been rearranged/regrouped to comply with the disclosure requirements of (i) Revised Schedule VI of the Companies Act, 1956 wherever necessary.

i Sundry Debit and Credit Balance are subject to confirmation.

ii The unsecured loan have been taken on interest free basis.

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Mar 31, 2012

Previous year figures have been rearranged/regrouped to comply with the disclosure requirements of

i Revised Schedule VI of the Companies Act, 1956 wherever necessary.

ii Sundry Debit and Credit Balance are subject to confirmation.

iii The unsecured loan have been taken on interest free basis.