Notes to Accounts of Samyak International Ltd.

Mar 31, 2024

P. Provisions, Contingent Liabilities and Contingent Assets

A provision is recognized when the Company has a present obligation (legal or constructive) as a result of past events and it is
probable that an outflow of resources embodying economic benefits will be required to settle the obligation, in respect of
which a reliable estimate can be made of the amount of obligation. Provisions (excluding gratuity and compensated
absences) are determined based on management''s estimate required to settle the obligation at the Balance Sheet date. In case
the time value of money is material, provisions are discounted using a current pre-tax rate that reflects the risks specific to the
liability. When discounting is used, the increase in the provision due to the passage of time is recognized as a finance cost. These
are reviewed at each Balance Sheet date and adjusted to reflect the current management estimates. Contingent liabilities are
disclosed in respect of possible obligations that arise from past events, whose existence would be confirmed by the occurrence
or non-occurrence of one or more uncertain future events not wholly within the control of the Company. A contingent liability
also arises, in rare cases, where a liability cannot be recognized because it cannot be measured reliably.

Q. Exceptional Items

When items of income and expense within profit or loss from ordinary activities are of such size, nature or incidence that
their disclosure is relevant to explain the performance of the enterprise for the period, the nature and amount of such
material items are disclosed separately as exceptional items.

4. The previous year’s figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of
the current year.

5. The figures have been rounded off to the nearest rupee.

6. Segment Reporting : The Company has only one operating segment, i.e. which have been identified as operating segment
in accordance with Indian Accounting Standared-108 “Operating Segment” as prescribed under Companies (Indian
Accounting Slandered) Rules, 2015.

7. The Company is engaged in only one segment i.e Trading. Hence Segment reporting is not applicable.

8. Previous year figures have been regrouped and reclassified where ever necessary.

9. Expenditure and earning in foreign currency -NIL

10.In the opinion of the board the value on realization of current assets and loans and advance in the ordinary course of business
will not be less than the amount at which they are stated in the balance sheet.

11 . All amounts in the financial statements are presented in Rupees except per share data and as stated in the balance sheet.

12. Trade receivable, unsecured loans from director and other debit & credits balance as on 31.03.2024 are subject to
confirmation and reconciliation.

13. Undisclosed Income:

Company does not have any transactions 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. Also there is nil
previously unrecorded income and related assets.

14. Details of Crypto Currency or Virtual Currency:

Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

15. The company has not followed MSME norms, neither co. has mailed to the parties regarding their MSME status.

16. Related Party Disclosure IndAS : 24

a. Key Management Personals -Mr. Sunit Jain - Chairman and MD

b. Whole time Director - Mr. Shantilal Jain

c. Neha Jain - Non-Executive Women Director and CFO

d. Mr. Lakhan Dabi - Company Secretary (Upto 13.01.2024)

e. Relative (s) of Key Management Personal - Mr. Sudhir Jain , Samyak Jain

f. Subsidiary Alpha Tar Industries Pvt. Ltd.

g. Subsidiary Keti Highway Developers private limited

h. Subsidiary Digital Micron Roto Print Pvt Ltd.

k. Enterprises which share common director 1. Aadi Chemtrade Pvt Ltd.

2. Osiya Infra project limited

17.Property plant and Equipments- IndAS : 16

a. Being Company is involved in various segment of the trade, Regarding companies land and building
held by the company form initial stage of implementation of indAS showing under the head other
financial instruments under the head of investment in non-current assets. Instead of under the head
property , plant and machinery. Further Company has not taken fair market value of the property
showing at cost. Hence IndAS not complied for this assets.

27.In the normal business practices, company handover lump-sum amount in cash to their representative employee as petty
cash for making payment and ex pence on behalf of the company at various sites. However Cash payment and expenses on
individual basis is less than Rs. 10000 which is as per the applicable norms.

28. Additional Regulatory Information-

(i) Immovable Properties (other than properties where the company is the lessee and the lease agreements are duly executed
in favour of the lessee) whose title deeds are not held in the name of the company and where such immovable property is
jointly held with others, details are given to the extent of company''s share. - The Company has no such immovable
properties

(ii) The company has not revalued its property, plant and equipments.

(iii) The loans or advances in the nature of loans granted to promoters, directors, KMP''s and the related parties (as defined
under Companies Act, 2013) are Nil (Previous year Nil)

(iv) There is no Capital Work in progress.

(v) There is no Intangible assets under development.

(vi) No proceedings have been initiated or pending against the company, under Prohibition of Benami Property Transaction
Act.

(vii) The company has borrowings from the bank or financial institutions on the basis of security of current assets being fixed
deposits against overdraft facility. The Company has not and is not required to furnish quarterly statements or statement
of current assets with banks.

(viii) The company was not declared wilful defaulter by any Bank/Financial Institution/other lender.

(ix) Relationship with struck off Companies- Nil/None

(x) Registration of charges or satisfaction with Registrar of Companies- No Charge registration or satisfaction was pending

on the date of balance-sheet.

(xi) Compliance with number of layers of companies- The Company has complied with laws in respect of number of layers
of Companies.

(xii) Details of Crypto Currency or virtual currency- Nil.

Details of items of exceptional and extraordinary nature- Nil.

(xiii) The company has not surrendered or disclosed any amount as income during the year in the tax assessment under the
Income T ax Act, 1961.

SIGNIFICANT ACCOUNTING POLICIES AND OTHER NOTES "1-21"

See accompanying notes 01 to 21 are integral part of the financial
statements.

For and on behalf of the Board of

As per our report of even date attached Samyak International Ltd.

For S .N. KABRA & COMPANY
Chartered Accountants

(Firm Registration No. 3439C) SUNIT JAIN

Managing Director
DIN: 06924372

( CA SATYA NARAYAN KABRA)

Partner

Membership No. 072497

UDIN: 24072497BKARMF1372

SHANTI LAL JAIN

Director
DIN : 00469834

CA NEHA JAIN

Director/CFO

CS UJVALA CHURIHAR

Place : Indore Company Secretary & Compliance Officer

Date : 30^th May 2024

---

Mar 31, 2015

1. There was foreign exchange outflow USD : 617476 and inflow USD :NIL during the year regarding import of various commodities.

2. The previous year's figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

3. The figures have been rounded off to the nearest rupee.

4. Turnover include of sale of various commodities of Rs. 2519.29 Lacs and shares of Rs. 58.41 Lacs.

5. Sigment Reporting : The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been identified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under :

1.Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

6. Segment wise accounts are not maintained by the Company.

7. Related Party Disclosers AS-18 :

a. Key Management Personel Mr. Sudhir Jain - MD

CS Devendra Singh Kushwah - CS

b. Relative (s) of Key Management Personel Mr. Sunit Jain - CFO

c. Subsidotry Alpha Tar Industries Pvt. Ltd.

d. Enterprises which share common director

1. Flash Herbal India Pvt. Ltd.

2. Osia Infra Project Ltd.

3. Sharvi Media Ltd.

4. Kishori Infra Project Ltd.

5. VSN Eco Fuel Pvt. Ltd.

8. Investment in Quoted/Unquoted shares has been taken at cost.

9. Samll scale undertaking : The Company has not received any information from any of the suppliers of their being a small scale unit, Hence amount due to small industrial unit outstanding as on march 31, 2015 are not ascertainable.

10. There is no amounts, required to be transferred to the Investor Education and Protection Fund by the Company's

---

Mar 31, 2014

1. Contingent liabilities :- NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

6. There was foreign exchange outflow USD : 182790 and inflow USD :NIL during the year regarding import & Export of various commodities.

7. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

8. The figures have been rounded off to the nearest rupee.

9. Turnover include of sale of various commodities of Rs. 1357.56 and shares of Rs. 03.58 Lacs.

10. Sigment Reporting : The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been indentified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under :

1. Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

11. Segment wise accounts are not maintained by the Company.

11. Related Party Disclosers AS-18 :

a. Key Management Personel Mr. Sudhir Jain-MD

b. Relative (s) of Key Management Personel NIL

c. Associates Aadi Chemtrade Pvt. Ltd.

d. Enterprises which share common director 1. Suhans Capital Market Pvt. Ltd.

2. G.S. Real Estate & allied Ltd.

3. Raj Rajendra Parachlor (P) Ltd.

14. Investment in Quoted/Unquoted shares has been taken at cost.

15. Other information persuant to paragraphs 3 &4 of the part - II of the schedules - VI to the Companies Act, 1956. Is not applicable to the Company under review.

16. Samll scale undertaking : The Company has not received any information from any of the suppliers of their being a small scale unit, Hence amount due to small industrial unit outstanding as on march 31, 2014 are not ascertainable.

17. Quantity Information : Additional information as required under part-II & III of schedule VI of the Comapines Act 1956 in respect of quantity records.

---

Mar 31, 2013

1. Contingent liabilities:- NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

3. Balance in personal accounts of Receivables and Loans & Advances are subject to Confirmation.

4. There was foreign exchange outflow USD :514509 and inflow USD :18000 during the year regarding import & Export of various commodities.

5. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

6. The figures have been rounded off to the nearest rupee.

7. Turnover include of sale of various commodities of Rs. 818.80 and shares of Rs.53.27 Lacs

8. Sigment Reporting: The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been indentified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under:

1. Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

9. Investment in Quoted/Unquoted shares has been taken at cost.

10. Other information persuant to paragraphs 3 &4 of the part - II of the schedules - VI to the Companies Act, 1956. Is not applicable to the Company under review.

11. There are no dues Payble to small scale Industrial undertaking in view of the business of the nature of the campany.

---

Mar 31, 2012

1. Contingent liabilities:-NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

3. There was foreign exchange outflow USD: 313200 and inflow USD: NIL during the year regarding import & Export of various commodities.

4. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

5. The figures have been rounded off to the nearest rupee.

6. Turnover include of sale of various commodities of Rs. 5180.72 Lacs and shares of Rs. 51.46 Lacs.

7. Sigment Reporting: The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been indentified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under:

1. Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

8. Investment in Quoted/Unquoted shares has been taken at cost.

9. Other information persuant to paragraphs 3 &4ofthe part -II of the schedules -VI to the Companies Act, 1956. Is not applicable to the Company under review.

10. Quantity Information : Additional information as required underpart-ll & III of schedule VI of theComapinesAct 1956 in respect of quantity records.

---

Mar 31, 2010

1. Contingent Nabilities:- NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

3. There was foreign exchange outflow USD: 1440 and inflow USD: NIL during the year regarding import & Export of various commodities.

4. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

5. The figures have been rounded off to the nearest rupee.

6. Turnover include of sate of various commodities of Rs. 2849.11 Lacs and shares of Rs.27.09 Lacs.

7. Sigment Reporting:The Company is engaged primerly in the small items & accordingly their are no reportable separate sigments as per accounting standards -17 on sigment reporting as under: 1. Export Turnover - Rs. NIL Lacs 2. Domestic Turnover- Rs. 287620 Lacs. 3. Total Sigment Reveneue: Rs. 2842.26.

8. Investment in Quoted/Unquoted shares has been taken at cost.

9. Other information persuant to paragraphs 3 &4 of the part - II of the schedules - VI to the Companies Act, 1956. Is not applicable to the Company under review.

10. Quantity Information : Additional information as required under part-ll & III of schedule VI of the Comapines Act 1956 in respect of quantity records.