Accounting Policies of Rama Telecom Ltd. Company

Mar 31, 2025

1 Corporate Information

Rama Telecom timitcd(f''unm*h known uRmim Telecom Ptlvile Umllftl,|QN IJM2GZWtt20MFljCW90B6) t« a I -united Company
•.¦wpornlinl m India with n>. reginirnsi ditr ji KamalalayaCentre LObA. Lenin Satan! Room No-302. ’rd Hour. KoIVju West Bengal
70001''

rw ( ompim operatr-s a single tVusinm segment vu businessof Tratting A Installation Wqtk* <4 C imtrai turv IK- Cumpan? provides
cuMuniLmt E2E MWOdiiog soluttoro ui the Ickvoni A Dalaiam forefront

2 RmIi of Preparation

llw finunrwl MaUmrni* ol ilw company haw been ptv|Hinl in iKCOiiUncv With gcivtallv MRpttd accounting principle* m India I hr
com pan* ha* prepared there Ibundtl niniriiunts tn comply In nil material n»pcvt» with the accounting standanis specified under
Spcooo 133 nl dll’ Act read with Cumfuiuc* (Accounting St.»r»Wd»4 RoIaKOI and the relevant pmvwinm nl the t iimpaiur* Att.
201.1 Ik Iiiujih uil ftUti’imiiM have been pr ep.m-d on .ui arrrual hah and unlo (he historical com convention. llw accounting pulkm
adopted in tfw (¦reparation ill financial Statement* aw comb cent with three n» pmum year except in cane of better .te*lir-uir .a
relevant reliable inhumation and matching cuicvptt. llw Company Iwvr* rouiukvl off all Hu- aininmb. ui ihoe financial nUIcijwiiM ami
two decimal ttiowt, unless olhnwmp spool if ally mated

3 Summary of Slgnificaitl Accounting Policies.

a. AS - * Pivseatation and DineloMirr of l-inanrial Statement*

Use of Lstinutcs

I hr preparation o( (mancutl Matemmi* n m ronformity with Italian GAAT (CenrndJy Accepted Accounting Principles) which requires
the management to nuke judgment*. estimate* ami assumptions tiiat aiieci tlw reported amounts ol revenues. evpcmrs assets ml
liabilities anil tlic disclosure u( contingent Uabtliues at tin end ol the reporting period Although these mimulm arr based on tlw
mimagrtanifs best knowledge ot current eivnts and action- uncertainty about there assumptions and estimates could result ui live
outcomes requiting a material adjustments to the earn ing amounts or assets or lintslitk-s in future period*

t*. AS-2 Valuation of inventories

Inventories an- stated at lower of the cost or net realizable value net rnaiizabic value i« tiir estimated selling price ui the ordinary
course of business leas the estimated cost ol oomptotfort .nut (kiting espettsos llw cost is determined on dv.- bMh >n the weighted
average method and inciuik*. ripcnditun? in acquiring tlw Invriiloric-i and bringing them to thru present location and condition In the
case of mRnufartunrri inventories and work in prCgtf. cent unlades an appropriate sliatv of blmut and overhead*

c. AS * 3 Cash Flow Statements
Cash and Cash rquivalents

I tmh Flow Suili''iiwiu lias been prepansl under Indirect Method whcrvtn profit / (toss) hrtorc rxtrsorduun items and lax ts adju.ud
for tin .-Meets of tisivioouxw of noncash nature and anv dclrrrals or accrual* uf past ot future mil waMpts or pevmenk Cash and
cash equivalent* for the purpose ol cash Mow statcmi-nt comprise cash at hank ami ut lund ami slmrl-tenu Investments with an Origstt
matuntv ol threw months or W-s* Otlwr Hank hatance Include* Urp.v u Milli Original maturity (or more than 3 months but less dun 12
months.

d. AS -4 t vents Orrumng alter the Balarur Slieet dale

Assets and Liabilities are adjust.*! tor esvtits mmug after the lialanrr Sheet date tlui provide additional evidpnr* to assist the
estimation ol amounts trial trig to emu I Hum rvisimg at the Balance sheet date

e. AS - 5 Net Prutit or I.i*m lot the Period, Prim Period Hew. and . hanp.rs in Accounting Policies

fugififcmnt items m Lsira-t.''ivtuvirv lu-niA ami Prior Incomes amt I xprmliturrN are arrountod u* aermdaner with Acrnunting
Staixlatd S.

f. AS • I* Depreciation

ItejircviatJiutort lived Mv-tv acqmrml dunngthe vear has htnduijnl on a wnlien down value Istsls so as to write oil the cost of the
assets over live useful life »* sporifled in Schedule II Asset- acquuod under Itrunee lease are depreciated over llw shorter ot tlu- lease
lem* and their useful tines unless if is travsiabfy certain dial tiw«uni|vttu will oteain ownership b> dw rml if llu lease term
Depredation lor octets purdiaiori/ wild during, dir jertad i* pinporttonali’h’ cluigivl Freehold latvl is not dej*rvdai<*l llw i.-skUmI
values, useful hvt» and usflhml* of depieciataon of property plant and equipment are reviewed at each Hnuuiid year eld lust ad|ustev
prospectively. If appropriate

g. AS - <» Revenue Recognition

Kfimur l« recognized to the extent tlttt II o probable liuU tire economic benefits «-lU

reliably tnetuured. lhr following specific recognition entera must also U rod More revenue u recognized

Sdtafgecth

Revenue form sal* of goods * recognized when ad lhr significant mk> aro1 reward* ol ownership of ihc goods haw hem {wwed to the
buyer. usually on delivery oi gCH.nl> lhe company collect# Gouda 4* ServiceTaxesJGST) on bdull ol lhr government and. therefore,
these an- not mmnnur hmcfifii lion mg in lhr company I Imrv. they are excluded Itotti revenue
t onfr.1.; Rirvuw

Contract rvbhk tor lived price contracts » recognised only in the extent ol cost mnirmi that I* probable will Is- recoverable nil such
time the ouuutiv i4 the job crnn''ll» WMtainrd reliably Winn tlw oufcomr of the contract isitnerttaim-d n-IuiMy. contract rirvmur r.
imglilMvl .0 o*vl nl work preformed nil iIk crmtral phis proportionate margin lhr omiparo rwognlsexl rev mm* In llw rxteni ol
performance obligation completed
IntrrrH

Interest uiuiuir u recognized an a Wmr proportion Iwse? taking into account llie ammrnl outstanding ami the applicable inlerr* i rale
Inlinmi manor to uhltuUnl undci lhe head ‘other income’ iti tlw ntalcrornt d pci''lli and loss

It. AS - 10 Accounting lor Property. Plant & Equipment

i. Assets which quahiv lor the .let notion of I''Luil Property b Equipment are slatrd al their cost ui acquisition or ccnXrucUon anniunt
(net oi oenvat, whefWet applicable) less accumulated depreciation / amurti/alioii and intpairntrnl loss, ii am (.cist comprises lh*
piuihaw price uiMalUlnMi and attributable end ill hnnguig Ihc asset to it* working nsvhllnn for its intended use AImv an initial
estimate ol costs of decommissioning, restoration and similar liabilities

it Machinery spores which does not quality for definition of Property. Plant or Equipment can be damifit-d umlet tlw head Inveritnru-s.
Ollwi than time all can he da«ifii\l under AS-10

uL Tlie Company can deddf to (iprinr an item il Ihc amuunl of expenditure is not mairri.il to he included as riant. Properly or
Equipment

L AS -11 Accounting for Effects in Foreign Exchange Kales

i Foreign currency nvNutuiy iIctus each as I cans, Current asset* and CurrctiS liabilities an- recognized at tlu> Exchange Rale on the
dale ol transaction

If. Exchange differences arising <>ti rr purring the above hems al rale dtfirrerUlv from when die were tratialh recorded duimg tlie period
are rt-cugnurd a* income / mpeodlfun- ui the Profit ft fcisv Accciunt

|. AS -12 Accounting lor Government Grant*

i Grants and Milnhlic-., front Die government are irxc^nt/i-d when there is n-aveulsr assurance dial the conqMny will complv wiili lire
cQnd&iam attached to them and the grail / subsidy will Ire received

il When the grant or subsidy n lain, lo revenue, il n recognized as inn''lire on a nvnlrniath baSM in die Statement of profit and loss OS ei
the periods OOcrsvrrv t» match them with tire related casts. which tires ore intended to ccvufvnsdft- Where lhe grant relates to an ass.-l
it is recognized as deferred Income ami irirowd to usomte in equal amount* over lire exported useful (tie of Ore released asset
lit Where lire company receive# non-men wtarv grants, tire assets is accounted lor on lhe basis oi its acquisition cost In case a non
monetary asoel t* given Irrr .if ciM Its*recognized at nominal'' aloe

k. AS -13 Investment*

Investments, which are noddy n-ali/abie and intended to lc held fire not uwir than one year Invn lire dale on which such inv .-.tro.iii-.
are maale. are < hwiilied .n.TirWTII mvesttnenth All otlurr im esiiwnts are cknsifre»1 as long-Utrm investment»,

Cumvu invesftnenN an- c.musl ui tlie (itwruial «UK>''ttunts at lower of ooel ai«l lair value ileioniiirred on an irulivnliuil invi’stinent
hash btag-lerm linvyrnii-nts are carried at cost 1 frrwever, pn*vis»onlor ilimtnutinn in valor Is made h> recognire a decline other titan
temporary ui tire value or rtre un rslnrents

On disposal of on mvntinaK. du* diiference belWA-n It" carrying Jnwmni and net disposal proceeds is ciurgcil or cn-dited to tire
stau-ment ol profit ami loo*

L AS - 15 Employee Henel it*

1. Defined Contribution Plan

Employee Ivmlits m ch« icwrn o4 pcovideni luml F>l> ami other labour wrltare hind un- cnrwidcred definedcontrrtiulion plan .owl
the Ctminbuninr. are charged tu tire profit a;s I Iikk .htiioii! ol tire vrar when the contributions to lhe respeitive Imtd an- dm-

2. Defined Benefit Plan

Gratuity lias Urn ascertained and irsogni/eti in tire amnutK r.mplovrrs are isoi rligibie for am other king irrm tnreiits an per
service oonditioro arul hence not prpvtdcxl in lhe accourm I Ire company is not regulered under Gratuity Art

t All short timi employix* Irenrfits .ucli as -jUrir- im''ontiv.-. xpecial award- riwslu al benrtiiv, Uaius which fall due w obin 12
montlis of tire poruxi in wbrrlt lire employees rr-tuU-ts lire related services and whidi tire employee is entitled to avail are mogtu/ed in
the statement <4 profit ami k»s on accrual hasix without duccnmttng

m. AS • 16 Borrowing Co«l

Borrowing COM include* interest, iirmxtUJtinn nl oncilUn rr»K mnirml m rnruuxtinri with the arrangement oi borrowing* anti
ekcluugr dlHi-rence arising fnkm lort-tgn currency borrowing* Ur tlv rrimt they areregarded as an adjustment io tlw interest cost

Borrowing* Coat* directly aimbutuhlv In dir uoquiiitim, construction or production of an wl that nrowsarrly taken a •uUlanti.il
period of time in get ready for lb mu-tukd tm or sale .ire capUalfaftd as part of die cm) of tier renportivr mart All other borrowing*
neat* uiKvipi''iiMii in Ihr |mtw«I Ihry occur
•L AS- IS Ki-laU-d Party Transaction*

s»Urt to K»» MaiMgrii.il tYrwuuvt, wLuv Hi rolatimof Kiev Management Personnel and mmsAcikvw with Company in which Key
Management Ptrrsonjv-1 / Relative* ol Krv Managerm-nt Personnel can exx-roise significant mftuvncr an- dux instil .1 Kcbu-d Party
Tranaoctinn in tlw Notev In Account*

tv AS -30 laming* Per Shore

Basic ranting? fs-i *han> are calculated U dividing the mi profit or loo* (uxtoduyg tlx past ta« ettecl ot r«ir.uiulmar> items, it any) tnr
the period attributable to equity slum-bidder* Iiv tin- weighted .nor age number of equity dime.* niitxtarvhng during tlw period.

tut the purpow of«alcuUung diluted earning* per share the nti prviiii or loon (including tlw post taxetlectal extraordinary itcouv tl
any) fin tire period attributable to equity aharrboldm and rlir weighted avenge number <4 shares outstanding during period are
adjusted tot the etlects ol all dilutive poimn.il equity nlian-i

p. AS - 22 Accounting (or Tain on Income

las expense comprises current oral deirrml tax Current Incbnw lax 11 measured at tire amount expected 10 be paid to die tax
authnnin--. in accnrd.uvi'' with Ihr Incnme la* Act 1%1 enacted in India Tlw to* rates and a* laws used to compute the amount are
those that are enacted or nibstantivcli enacted, at the reporting dale.

Deferred income taxes retlect the unpact of tuning differences between humble income ami ace minting Itkmmt- onginaltng during llu-
current year and reversal of timing differrores lor the earlier years Ddftnd la* BabHties arc recognised for all liming dillprmccs
IVfrtred Mi r. iie.r-iiir.il using the lav rain an.l the la* law* enacted or substantively enacted at the reporting dale I Vtrrml tax ar.-.-K
ore recognised only to tlw extent tiuit there o reamitubk- ccrt.iinry Itral they will U- realised rn future I lowcver, where there n
unabtortx.il deptwiialiun ami cam furwaid ktw under the Income tax laws, deferred tax asset* are recognised only if there b a virtual
certainty oi realisation of such assert Deferred to* assets arc reviewed at each balance sheet iLatt- and written down or written oil to
reflect the amount ilwt b reasonably/virtually certain (as die case may Ut)tube reuliaed

Minimum Alternate Tax (MAT) paid in a year is charged to the statement of profit ami loss ax omnit u» ftw . ompony nscogtu/ei
MAT emit! avail*blr ax an nnwi only Mr tlw cmhmt Hut then convincing evidence that the company will jvv normal income u*
during dw- specified period u- tlw period for which MAT ctedit b allowed to be carried forward. In the vear in which the company
lecogiurm MAT credit a» an asset in accordance wiilt the guidance note on accounting tur credit available 111 reap''d of Minimum
Alternative lax under (lie uiconic ta» Act 1%I. tl" said .iw--t m rn-jlml by way of miht Hi tlw- statement ill profit and loss and shown
''MAI Oulu Enttllemmf Tluf company review* the ''MAI creditenritUnrwiil'' asset at each reporting date and writes down ihr
asrel to tlw e«ii*ni dw compam docs not have convincing rviitencv that tl Will pnv normal tax during the specified period

q. AS*28 Intangible Assets

intangible aMets are recognized wlwn dw onsets ts ktentifiabliv is within the unitrof nl the i iimpanv. U a prnbaUc duu the future
eelHuttuit tx-miitr. Hull are aind-iitable to tlw assets will How to the company ami coir of dw assets con be reliably measured

Acquired intangible awls are hviHiWilal aogulxiuon cast and amortized on written down value bwu» tused on die usetul lives ol tin
•ivwtv. wliii h Ui management''s esiuiule rvprcsmrt the pen-xl during which rcanomic brrvtite will I*- derlvnl from ihiir use

r. AS - 2» Impairment nf Assets

lliecartvuig luuouni of tlw Company ''* avsetn .iv imhng int-iogibli- axxr-s air reviewed al aach BalanceShocf date to determine wheltier
ilirie ts any indication of impairment II any such indication units, ihr akuet* rtiw viable on* xml * estimativl. a*- the higher nl tlw net
seiluig price and the value in mu* \n impaimv*nt lire, in rrcognlred wlusurver thil tarrying ausnmt of an a«»-t or ilxraahgi-nfrating
unit exceeds it* nvovnaNr amount tl a» the luLuvv duvi iDlv. tlwne n an indication that a previously oswb-iI impairment loss no
longer exist*, the niovrt.ibli- amentnt n reassessetl and tile assets is reinstated at the recoverable amount lulyixi u> maxmnuu ol
depreciable luMtxical cost.