Notes to Accounts of Purshottam Investofin Ltd.

Mar 31, 2024

r. Provisions & Contingencies

Provisions involving substantial degree of estimation in measurement are recognized when there is a present obligation
as a result of past events and it is probable that there will be an outflow of resources. There are no contingent Assets.
Details of Contingent Liabilities are as per other notes on accounts.

Provision for Non-Performing Assets

In accordance with Prudential Norms, contingent provision has been created on outstanding standard assets which
have been shown in balance sheet under the head Provision.

s. Foreign exchange transactions

There are no foreign exchange transactions during the year.

t. Cash Flow Statement

The Statement of Cash Flows shows the changes in cash and cash equivalent arising during the year from operating
activities, investing activities and financing activities. The statement of cash flow is prepared by using Indirect Method
as per Ind AS-7.

u. Unless specifically stated to be otherwise, these policies are consistently followed.

The demand raised by Assessing Officer during the course of assessment proceedings for AY 2018-19 have been contested
in appeal before jurisdictional CIT(A). And the said appeal is pending before CIT(A). Consequently, no provision needs to
be made

F. In the opinion of the Board, all Current Assets, Loans & Advances (Except where indicated otherwise) collectively have a value
on realization in the ordinary course of business at least equal to the amount at which they are stated.

G. Balance confirmation certificates from parties, as appearing in the Balance Sheet under the heads ''Borrowing'' on the Liabilities
side of the Balance Sheet are subject to confirmation.

H. The company is engaged in the business of non-banking financial activity. Since all the activities relate to main activity, in the
opinion of the management, there is only one business segment in terms of Ind AS 108 on segment reporting.

4) Intra-group exposures

NBFCs shall make the following disclosures for the current year with comparatives forthe previous year:

i) Total amount of intra-group exposures - NIL, Previous Year-NIL.

ii) Total amount of top 20 intra-group exposures - NIL, Previous Year-NIL.

iii) Percentage of intra-group exposures to total exposure of the NBFC onborrowers/customers - NIL, Previous Year-

NIL.

5) Unhedged foreign currency exposure;

The Company does not have any foreign currency exposure during the year ended 31 March 2024 and as well as in previous year.

B) Disclosure of complaints

i) No Complaints received from customers during the current year and previous year.

ii) Maintainable complaints received by the NBFC from Office of Ombudsman- NA

11) The disclosure on the following matters required under Schedule III as amended not being relevant or applicable in case of the
Company, same are not covered:

a) Crypto Currency or Virtual Currency

b) Benami Property held under Benami Transactions (Prohibition) Act, 1988 (45 of 1988)

c) Registration of charges or satisfaction with Registrar of Companies

d) Title deeds of Immovable Property not held in name of the Company

e) Compliance with number of layers of companies

f) Relating to borrowed funds:

i. Wilful defaulter

ii. Borrowings obtained on the basis of security of current assets

iii. Discrepancy in utilisation of borrowings

N) Ultimate beneficiary

No funds (which are material either individually or in the aggregate) have been advanced or loaned or invested (either from borrowed
funds or share premium or any other sources or kind of funds) by the Company to or in any other person(s) or entity(ies), including
foreign entities (''Intermediaries''), with the understanding, whether recorded in writing or otherwise, that the Intermediaries shall,
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 provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

No funds (which are material either individually or in the aggregate) have been received by the Company from any person(s) or
entity(ies), including foreign entities (''Funding Parties''), with the understanding, whether recorded in writing or otherwise, that the
Company shall, 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 provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

O) DISCLOSURE OF TRANSACTIONS WITH STRUCK OFF COMPANIES

The Company did not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 or section 560 of
Companies Act, 1956 during the financial year.

P) Disclosure in Relation to Undisclosed Income

There are no transactions which are not recorded in the books of account which have been surrendered or disclosed as income during
the year in the tax assessments under the Income Tax Act, 1961.

Q) Disclosure on Corporate Social Responsibility (CSR) activities.

The Company is not covered under Section 135 of the Companies Act, 2013. Thus, the Company is not required to make any disclosure
with regard to Corporate Social Responsibility (CSR) activities.

R) Disclosure for Scheme of arrangement

No Scheme of Arrangement have been approved by the competent authority in terms of Section 230-232 of the Companies Act, 2013
during the current Financial Year.

For STRG & Associates For and on Behalf of the Board of Directors

Chartered Accountants Purshottam Investofin Limited

(Firm Reg. No. 014826N)

Sd/- sd/- sd/- sd/- sd/-

Sanjeev Tandon Sahib Singh Gusain Pramod Kumar Jain Suraj Kumar Ankit Gupta

Partner Managing Director Whole Time Director CFO Company Secretary

M No: 094634 DIN: 00649786 DIN: 00112968 PAN: DQTPK9421F M.No.: A55201

Place: New Delhi
Date:28/05/2024
UDIN: 24094634BKELLR7707

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Mar 31, 2015

1. Related Party Transactions

Related party disclosures as required under Accounting Standard (AS) – 18 "Related party Disclosures", notified by the Government in the Companies (Accounting Standard) Rules 2006, are given in a separate annexure attached herewith:

Related parties with nature of relationship are given below:

Description of Relationship Name of Related Party

Key Managerial Personnel Bharat Bhushan Bansal (appointed on

24.06.2013)

Pravin Santlal Jain (appointed on

24.06.2013)

Sushil Kumar (appointed on 24.06.2013)

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Mar 31, 2014

Background

Purshottam Investofin Limited ("The Company") was incorporated in India on November, 04th 1988. The Company is registered with Reserve Bank of India (RBI) as a Non-Banking Financial Company Vide Certificate No. B-14-01044 dated 14th May 2003. The company is primarily engaged in the business of NBFC.The accompanying financial statements reflect the results of the activities undertaken by the company for the period April 1,2013 to March 31,2014

1.0. Cash and Cash Equivalents

Cash and cash equivalents comprise cash and cash in hand with banks.

1.1. Holding Subsidiary Relationship

The Company is holding 100% shares of Catalyst International Limited being a Parent Company.

In accordance with the accounting standard on Related Party Disclosures AS-18,the disclosure in respect of related parties and the transactions with them as identified and certified by the management are as follows-

(A) Nature of Related Parties and description of relationship :

Subsidiary Company Catalyst International Limited