Notes to Accounts of Sarthak Global Ltd.

Mar 31, 2025

f) Provisions
Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that
an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the
amount of the obligation. If the effect of the time value of money is material, provisions are discounted using a current pre tax rate that
reflects, when appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of
time is recognised as a finance cost.

g) Contingent Liabilities

Disclosure of contingent liability is made when there is a possible obligation arising from past events, the existence of which will be
confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Company
or a present obligation that anses from past events where it is either not probable that an outflow of resources embodying economic
benefits will be required to settle or a reliable estimate of amount cannot be made

h) Revenue Recognition

Revenue is measured at the amount of consideration which the Company expects to be entitled to in exchange for transferring distinct
goods or services to a customer as specified in the contract, excluding amounts collected on behalf of third parties (for example taxes and
duties collected on behalf of the government). Consideration is generally due upon satisfaction of performance obligations and a
receivable is recognised when it becomes unconditional.

Revenue from contracts with customers is recognised v/hen control of the goods or services are transferred to the customer at an amount
that reflects the consideration entitled in exchange for those goods or services
Sale of Goods

Generally, control is transferred upon shipment of goods to the customer or when the goods is made available to the customer, provided
transfer of title to the customer occurs and the Company has not retained any significant risks of ownership or future obligations with
respect to the goods shipped.

Share transfer agency services

Revenue from rendering of other services is recognised over time by measuring the progress towards complete satisfaction of
performance obligations by using output method at the reporting period.

Interest Income

Interest Income from a Financial Assets is recognised using effective interest rate method.

i) Contract Balances
Trade Receivables

A receivable represents the Company''s right to an amount of consideration that is unconditional.

Contract Liabilities

A contract liability is the obligation to transfer goods or services to a customer for which the Company has received consideration (or an
amount of consideration is due) from me customer. If a customer pays consideration before the Company transfers goods or services to
the customer, a contract liability is recognised when the payment is made or the payment is due (whichever is earlier). Contract liabilities
are recognised as revenue when the Company performs under the contract

j) Employee Benefits Expense
Short-Term Employee Benefits

The undiscounted amount of short-term employee benefits expected to be paid in exchange for the services rendered by employees are
recognised as an expense during the period when the employees render the services.

k) Impairment of Non- Financial Assets - Property, Plant and Equipment and Intangible Assets

The Company assesses at each reporting date as to whether there is any indication that any Property. Plant and Equipment and
Intangible Assets or group of Assets, called Cash Generating Units (CGU) may be impaired. If any such indication exists, the recoverable
amount of an asset or CGU is estimated to determine the extent of impairment, if any When it is not possible to estimate the recoverable
amount of an individual asset, the Company estimates the recoverable amount of the CGU to which the asset belongs.

If the recoverable amount of an asset (or CGU) is estimated to be less than its carrying amount, the carrying amount of the asset (or CGU)
is reduced to its recoverable amount. An impairment loss is recognised in the statement of profit and loss.

l) Income Taxes
Income taxes

Income tax expense comprises current tax expense and the net change in the deferred tax asset or liability during the year Current and
deferred taxes are recognised in statement of profit and loss, except when they relate to items that are recognised in other
comprehensive income or directly in equity, in which case, the current and deferred tax are also recognised in other comprehensive
income or directly in equity, respectively.

Current taxes

Current tax liabilities and assets are measured at the amount expected to be paid to or recovered from the Income Tax authorities, based
on tax rates and laws that are enacted at the reporting date
Deferred taxes

Deferred tax is recognised using the balance sheet approach. Deferred tax assets and liabilities are recognised for deductible and
taxable temporary differences arising between the tax base of assets and liabilities and their carrying amount.

Deferred tax assets are recognised to the extent that it is probable that taxable profit will be available against which the deductible
temporary differences and the carry forward of unused tax credits and unused tax losses can be utilised

The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that
sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilised.

Deferred income tax liabilities are recognised for all taxable temporary differences.

Deferred tax assets and liabilities are measured using substantively enacted tax rates expected to apply to taxable income in the years in
which the temporary differences are expected to be received or settled.

m) Earnings Per Share

Basic earnings per share is calculated by dividing the net profit after tax by the weighted average number of equity shares outstanding
during the year adjusted for bonus element in equity share.

Diluted earnings per share adjusts the figures used in determination of basic earnings per share to take into account the conversion of all
dilutive potential equity shares. Dilutive potential equity shares are deemed converted as at the beginning of the period unless issued at a
later date.

Other Information

i. Refer n«e ra2 5 (e) for accounting policy. role no 2.3 (b) 3rd n«e no 33 for ether^formation

ll. No fonds have been advanced or loaned or invested (either trixn barreled funds or share premium ₀r any other sources cr fond ot foods) by the Company to or in any otter personas! or
entitylies). including foreign entities (‘intermediaries'') with the urterscanding. whether recorded in wntrvg o''ottenvse. that the fotermeda-y shat end or invest in party icentifed by cron
behalf of the Company (Utimaie Beneficiaries). The Company has not received any fund from any party(s) iFunding Party) with me understating that the Company slval dreclly or
indrectly, lend crinvestnctter persons cr entiles identified by crcn tehalf of the Company (’Ultimate Beneficanes’} or provide snyguaramee. soourily a the like co behalf of the Ultimate
Beneficiaries

Itisdecjaredthattheraeri''antpro''dsonsoftheFcireionExchargeManagementAcl. I939;42cf 1999)and Companies Act has teen compiled with ter stxh transactons and the
transact ons are rot violative of the Prevention of Money-Laundering act. 2032 (15of2003)

in The Company has undertaken forcing transactions wherein the funds were recent*) and those funds were transferred to other persons However, mere was no understanding with tbs
lender toieod orinvest n otter oerson or entity cr to orovte anvauararrtee. security or the liw-

Terms/rights attached to equity shares :

The company has only one class of equity shares having a par value of 10/- per share. Each holder of equity shares is entitled to one vote
per share. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the company after distribution
of all preferential amounts, in proportion to their shareholding.

Capital Management

Equity share capital and other equity are considered for the purpose of Company''s capital management. The Company''s objective for
capital management is to maximise shareholder value, safeguard business continuity and support the growth of the Company. The
Company determines the capital requirement based on annual operating plans and long term and other strategic investment plans. The
management and the Board of Directors monitor the return on capital as well as the level of dividends to shareholders.

32. 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 properly, plant and equipments.

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

(tv) There is no Capital Work in progress.

(v) There is no Intangible assets under development.

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

not required to furnish quarterly statements or statement of current assets with banks

(v»il) 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 curroncy- Nil
Details of items of exceptional and extraordinary nature- Nil

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

(xiv) Ratios

Other information -

1 Dobt service covorago ratio - As loans taken are repayable on demand, principal amounts repaid have not been included in denominator.
Interest amount pa»d is included in denominator

2 Inventory turnover ratio - The turnover includes turnover of commodities The turnover soes not include turnover of shares. Whereas, the
inventory at the beginning of year and the year end consists of shares only. There v/as no inventory of commodities at the beginning and at the
end of the year Therefore, reporting of this clause is not possible.

33 b. Financial Risk Management

The Company is exposed primarily to market risks being credit and liquidity risks, which may adversely impact the fair value of its financial
instruments. The Company has a risk management policy which covers risks associated with financial assets and liabilites. The focus is
to assess the unpredictability of the financial environment and to mitigate the potential adverse effects on the financial performance of
the Company

33(c) (i) Management of Credit Risk

Credit nsk is the risk that a customer or counterparty to a financial instrument fails to perform or pay the amount according to the
contractual terms or obligations causing financial loss to the Company Credit risk encompasses of risk of default, risk of deterioration of
creditworthiness as well as concentration of risks. Credit risk is controlled by analysing credit limits and creditworthiness of customers of
a continuous basis to whom the credit has been granted.

Exposure to Credit Risk

The carrying amount of financial assets represents the maximum credit exposure.

The maximum exposure to credit risk is Rs1473.14 Lakhs (Rs 1890.61 lakhs in preceding year) being the total of carrying amount of
Investments, loans, trade receivables, balance with banks, bank deposits and other financial assets.

Trade receivables

Concentration of credit risk with respect to trade receivables are limited, All trade receivables are reviewed and assessed for default on a
quarterly basis.

Other financial assets

The Company maintains exposure in bank balances and term deposits with banks Considering insignificant amounts and short term
nature, there is no significant risks pertaining to these assets.

33(d)(ii) Management of Liquidity Risk

Liquidity risk anses from the Company''s inability to meet its cash flow commitments on the due date.

The Company''s approach to managing liquidity is to ensure that it will have sufficient funds to meet its liabilities when due without
incurring unacceptable losses.

The Company has obtained fund based overdraft facilities from bank. Furthermore, the Company have access to undrawn lines of
borrowing/ facilities.

The Company has maintained a cautious liquidity strategy with a positive cash balance throughout the year ended 31^r March. 2025 and
31” March. 2024 Cash flow from operating activities provides the funds to service and finance the financial liabilities on a day-to-day
basis.

The following table shows a maturity analysis of the anticipated cash flows including interest obligations for the Company''s non-
derivative financial liabilities on an undiscounted basis, which therefore differ from both carrying value and fair value.

The accompaning rules are an integral part of there financial statement.

For and on Behalf of Board of director

Ritesh Sinvhal Sunil Gangradc As per our report of even date attached

Director Director For Ashok Kumar Agrawal & Associates

DIN 07969340 DIN:00169221 Chartered Accountant

FRN :022522C

Pinkesh Gupta Ankit Joshi

Chief Financial Officer Company Secretary

(CA Ashok Agrawal)

Proprietor

Place : Indore M. No. 071274

Date: 26/05/2025 UDIN: 25071274BMMJZM6157

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Mar 31, 2024

f) Provisions
Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that
an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the
amount of the obligation. If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that
reflects, when appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of
time is recognised as a finance cost.

g) Contingent Liabilities

Disclosure of contingent liability is made when there is a possible obligation arising from past events, the existence of which will be
confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Company
or a present obligation that arises from past events where it is either not probable that an outflow of resources embodying economic
benefits will be required to settle or a reliable estimate of amount cannot be made.

h) Revenue Recognition

Revenue is measured at the amount of consideration which the Company expects to be entitled to in exchange for transferring distinct
goods or services to a customer as specified in the contract, excluding amounts collected on behalf of third parties (for example taxes and
duties collected on behalf of the government). Consideration is generally due upon satisfaction of performance obligations and a
receivable is recognised when it becomes unconditional.

Revenue from contracts with customers is recognised when control of the goods or services are transferred to the customer at an amount
that reflects the consideration entitled in exchange for those goods or services.

Sale of Goods

Generally, control is transferred upon shipment of goods to the customer or when the goods is made available to the customer, provided
transfer of title to the customer occurs and the Company has not retained any significant risks of ownership or future obligations with
respect to the goods shipped.

Share transfer agency services

Revenue from rendering of other services is recognised over time by measuring the progress towards complete satisfaction of
performance obligations by using output method at the reporting period.

Interest Income

Interest Income from a Financial Assets is recognised using effective interest rate method.

i) Contract Balances
Trade Receivables

A receivable represents the Company''s right to an amount of consideration that is unconditional.

Contract Liabilities

A contract liability is the obligation to transfer goods or services to a customer for which the Company has received consideration (or an
amount of consideration is due) from the customer. If a customer pays consideration before the Company transfers goods or services to
the customer, a contract liability is recognised when the payment is made or the payment is due (whichever is earlier). Contract liabilities
are recognised as revenue when the Company performs under the contract.

j) Employee Benefits Expense
Short-Term Employee Benefits

The undiscounted amount of short-term employee benefits expected to be paid in exchange for the services rendered by employees are
recognised as an expense during the period when the employees render the services.

k) Impairment of Non- Financial Assets - Property, Plant and Equipment and Intangible Assets

The Company assesses at each reporting date as to whether there is any indication that any Property, Plant and Equipment and
Intangible Assets or group of Assets, called Cash Generating Units (CGU) may be impaired. If any such indication exists, the recoverable
amount of an asset or CGU is estimated to determine the extent of impairment, if any. When it is not possible to estimate the recoverable
amount of an individual asset, the Company estimates the recoverable amount of the CGU to which the asset belongs.

If the recoverable amount of an asset (or CGU) is estimated to be less than its carrying amount, the carrying amount of the asset (or CGU)
is reduced to its recoverable amount. An impairment loss is recognised in the statement of profit and loss.

l) Income Taxes
Income taxes

Income tax expense comprises current tax expense and the net change in the deferred tax asset or liability during the year. Current and
deferred taxes are recognised in statement of profit and loss, except when they relate to items that are recognised in other
comprehensive income or directly in equity, in which case, the current and deferred tax are also recognised in other comprehensive
income or directly in equity, respectively.

Current taxes

Current tax liabilities and assets are measured at the amount expected to be paid to or recovered from the Income Tax authorities, based
on tax rates and laws that are enacted at the reporting date.

Deferred taxes

Deferred tax is recognised using the balance sheet approach. Deferred tax assets and liabilities are recognised for deductible and
taxable temporary differences arising between the tax base of assets and liabilities and their carrying amount.

Deferred tax assets are recognised to the extent that it is probable that taxable profit will be available against which the deductible
temporary differences and the carry forward of unused tax credits and unused tax losses can be utilised.

The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that
sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilised.

Deferred income tax liabilities are recognised for all taxable temporary differences.

Deferred tax assets and liabilities are measured using substantively enacted tax rates expected to apply to taxable income in the years in
which the temporary differences are expected to be received or settled.

m) Earnings Per Share

Basic earnings per share is calculated by dividing the net profit after tax by the weighted average number of equity shares outstanding
during the year adjusted for bonus element in equity share.

Diluted earnings per share adjusts the figures used in determination of basic earnings per share to take into account the conversion of all
dilutive potential equity shares. Dilutive potential equity shares are deemed converted as at the beginning of the period unless issued at a
later date.

31. Research & Development

The company conducts its R&D initiatives within the broad framework of innovation initiatives.

32. 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 except for the following in preceding financial year 2022-23

Other information -

1. Debt service coverage ratio - As loans taken are repayable on demand, principal amounts repaid have not been included in denominator.
Interest amount paid is included in denominator.

2. Inventory turnover ratio - The turnover includes turnover of commodities. The turnover soes not include turnover of shares. Whereas, the
inventory at the beginning of year and the year end consists of shares only. There was no inventory of commodities at the beginning and at the end
of the year. Therefore, reporting of this clause is not possible.

Terms and conditions relating to pledge :-

Other Financial Assets: Fixed deposits with Bandhan Bank Limited assets have been kept on pledged to secure overdraft facility
33 c. Financial Risk Management

The Company is exposed primarily to market risks being credit and liquidity risks, which may adversely impact the fair value of its financial
instruments. The Company has a risk management policy which covers risks associated with financial assets and liabilites. The focus is
to assess the unpredictability of the financial environment and to mitigate the potential adverse effects on the financial performance of
the Company.

33(d)(i) Management of Credit Risk

Credit risk is the risk that a customer or counterparty to a financial instrument fails to perform or pay the amount according to the
contractual terms or obligations causing financial loss to the Company Credit risk encompasses of risk of default, risk of deterioration of
creditworthiness as well as concentration of risks. Credit risk is controlled by analysing credit limits and creditworthiness of customers of
a continuous basis to whom the credit has been granted.

Exposure to Credit Risk

The carrying amount of financial assets represents the maximum credit exposure.

The maximum exposure to credit risk is Rs. 1875.25 Lakhs ( Rs. 2148.97 lakhs in preceding year) being the total of carrying amount of
Investments, loans, trade receivables, balance with banks, bank deposits and other financial assets.

Trade receivables

Concentration of credit risk with respect to trade receivables are limited, All trade receivables are reviewed and assessed for default on a
quarterly basis.

Other financial assets

The Company maintains exposure in bank balances and term deposits with banks. Considering insignificant amounts and short term
nature, there is no significant risks pertaining to these assets.

33(d)(ii)Management of Liquidity Risk

Liquidity risk arises from the Company''s inability to meet its cash flow commitments on the due date.

The Company''s approach to managing liquidity is to ensure that it will have sufficient funds to meet its liabilities when due without
incurring unacceptable losses.

The Company has obtained fund based overdraft facilities from bank. Furthermore, the Company have access to undrawn lines of
borrowing/ facilities.

The Company has maintained a cautious liquidity strategy, with a positive cash balance throughout the year ended 31^st March, 2023 and
31^st March, 2024. Cash flow from operating activities provides the funds to service and finance the financial liabilities on a day-to-day
basis.

The following table shows a maturity analysis of the anticipated cash flows including interest obligations for the Company''s non¬
derivative financial liabilities on an undiscounted basis, which therefore differ from both carrying value and fair value.

The accompaning rules are an integral part of there financial statement.

For and on Behalf of Board of Directors As per our report of even date attached

For Avinash Agrawal & Co
Chartered Accountants
FRN :022666C

Ritesh Sinvhal Sunil Gangrade

Director Whole - time Director

DIN:07969340 DIN:00169221

(CA Avinash Agrawal)

Pinkesh Gupta Ankit Joshi Proprietor

Chief Financial Officer Company Secretary M.N.: 410875

UDIN: 24410875BKFPHV5959

Place : Indore
Date: 27/05/2024

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Mar 31, 2015

Not available

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Mar 31, 2014

1 Corporate Information

Sarthak Global Limited (the Company) is a Listed Public Company domiciled in India and incorporated under the provisions of the Companies Act, 1956. The company earned major income from the business of Investments & trading in securities & rendering services as share transfer agent during the year.

2 Previous year figures have been regrouped or rearranged wherever necessary to confirm to current years, classification and make them comparable

3 In the opinion of the board, all Current Assets, Loans & Advances have a value on realization in the ordinary course of business at least equal to the amount at which these are stated.

4 Intimation have not been received from any "Supplier" regarding their status under the Micro, Small and Medium Enterprises Act 2006 and hence following information is treated as NIL

(a) the principal amount and the interest due thereon remaining unpaid to any supplier as at the end of each accounting year.

(b) the amount of interest paid by the buyer in terms of section 16 of The Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year.

(c) the amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act 2006.

(d) the amount of interest accrued and remaining unpaid at the end of each accounting year; and

(e) the amount of further interest, remaining due and payable even in the succeeding years, until such date when the interest dues as above are actually paid to the small enterprise, for the purpose of disallowance as a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.

5 As per Accounting standard 18, the disclosures of transactions with the related parties as defined in the Accounting standard are given below:-

(i) List of related parties where control exists and related parties with whom transaction have taken place and relationship

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Mar 31, 2013

1. Share Capital

(a) Shares held by shareholder holding more than 5% share in the company.

(b) Reconciliation of outstanding shares at the beginning and at the end of the reprting period.

(c) Terms/rights attached to equity shares:

The company has only one class of equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the company after distribution of all preferential amounts in proportion to there shareholding.

2. Long-term borrowings

There is no condition specified for repayment of loan and hence there is no continuing default in repayment.

3. NON-CURRENT INVESTMENTS

(Other than trade, at cost unless otherwise stated)

The provision for diminution in value of investment of Rs. 3343074 was recognised during the year and charged to the reserve and surplus. However, the provision was not made for investments as at 31/03/2012.

4. Previous year figures have been regrouped or rearranged wherever necessary to confirm to current year''s, classification and make them comparable.

5. In the opinion of the board, all Current Assets, Loans & Advances have a value on realization in the ordinary course of business at least equal to the amount at which these are stated.

6. Intimation have not been received form any "Supplier" regarding their status under the Micro, Small and Medium Enterprises Act 2006 and hence following information is treated as NIL.

(a) the principal amount and the interest due thereon remaining unpaid to any supplier as at the end of each accounting year.

(b) The amount of interest paid by the buyer in terms of section 16 of The Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year.

(c) The amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act 2006.

(d) the amount of interest accrued and remaining unpaid at the end of each accounting year; and

(e) The amount of further interest, remaining due and payable even in the succeeding years, until such date when the interest dues as above are actually paid to the small enterprise, for the purpose of disallowance as a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.

7. As per Accounting standard 18, the disclosures of transactions with the related parties as defined in the Accounting standard are given below:-

(i) List of related parties where control exists and related parties with whom transaction have taken place and relationship:-

Name of the Related Parties

A. Relation

Key Management Personnel: Shri M.P. Kothari

Mr. V.K. Gupta

Shri S.R. Rathi

B. Relatives of Key Management Personnel with whom there was transaction during the year: Nil.

C. Enterprises over which Key Managerial personnel are able to exercise significant influence:

Shahra Securities Pvt. Ltd.

Teej Impex Pvt. Ltd.

Vishal Victory Metal Engg Pvt. Ltd.

Suman Agritech Private Limited

8. The Company''s sole business segment is business of Investments and trading in securities rendering services as share transfer agent.

A. The Company is organized in to following business segments:-

(a) Investments and trading in securities.

(b) Service charges received from the services rendered as share transfer agent.

(c) Others comprising of receipts from interest etc. Not reportable being less than required percentage as per Accounting standard 17.

B. The company is catering to the domestic market and it does not have revenue from overseas operation. Therefore according to the management, the disclosure for secondary Segments under Accounting standard 17 is not applicable to the company.

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Mar 31, 2012

1 Corporate Information

Sarthak Global Limited (the Company) is a Listed Public Company domiciled in India and incorporated under the provisions of the Companies Act, 1956. It is an listed company, The company earned major income from the business of Investments fie trading in securities & rendering services as share transfer agent during the year for first time.

(a) Terms/ rights attached to equity shares:

The company has only one class of equity shares having a par value of Rs.10/- per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the company after distribution of all preferential amounts in proportion to there shareholding.

2 Previous year figures have been regrouped or rearranged wherever necessary to confirm to current year''s, classification and make them comparable

3 In the opinion of the board, all Current Assets, Loans & Advances have a value on realization in the ordinary course of business at least equal to the amount at which these are stated.

4 The balances of Debtors, Creditors, Advances and Liabilities are subject to confirmation and consequential adjustment, if any.

5 Intimation have no. been received form any "Supplier" regarding their stefos unde, the Micro, Small and Medium Enterprises Ac. 2006 and hence following information is treated as NIL

(a) the principal amount and the interest due thereon remaining unpaid to any 1 supplier as at the end of each accounting year.

(b) the amount of interest paid by the buyer in terms of section 16 of The Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to die supplier beyond the appointed day during each accounting year.

(c) the amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act 2006.

(d) the amount of interest accrued and remaining unpaid at the end of each accounting year; and

(e) the amount of further interest, remaining due and payable even in the succeeding years, until such date when the interest dues as above are actually paid to the small enterprise, for the purpose of disallowance as a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.

6 The Company''s sole business segment is trading of

A. The Company is organized in to following business segments: -

(a) Investments and trading in securities

(b) Service charges received from the services rendered as share transfer agent.

(c) Others comprising of receipts from interest etc. Not reportable being less than required percentage as per Accounting standard 17.

B. The company is catering to the domestic market and it does not have revenue from overseas operation. Therefore according to the management, the disclosure for secondary Segments under Accounting standard 17 is not applicable to the company.

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Mar 31, 2011

1 In the opinion of the Board, current assets, loans and advances have value on realization in the ordinary course of business at least equal to the amounts at which they are stated and that the provision for known liabilities is adequate and not in excess of the amount reasonably necessary

2 Employees Provident Fund Act and Employees Slate Insurance Act are not applicant i.e. to the company. Hence no provision has been made.

3 Amount remained outstanding at the end of the year from debtors, creditors, unsecured loans and other parties (advance) have not been confirmed by them in-spite of adequate efforts.

4 As per Accounting standard 18, the disclosures of transactions with the related parties as defined in the Accounting Standard are given below:-

(i) List of related parties where control exists and related parties with whom transaction eave taken place and relationship:-

Name of the Related Parties

Disclosures of transactions between the company and related parties and status of outstanding balances as (previous year figures in bracket)

5 Intimation have not been received from any "Supplier" regarding their status under the Micro, Small and Medium Enterprise Act 2006 and hence following information is treated as NIL

(a) the principal amount and the interest due thereon remaining unpaid to any supplier as at the end of each accounting year.

(b) the amount of interest paid by the buyer in terms of section 16 of Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year.

(c) the amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Reprises Development Act

(d) the amount of interests accrued and remaining unpaid at the end of each accounting year

(e) the amount of further Interest, remaining due and payable even in the succeed years, until such date when the interest dues as above are actually paid to the small enterprise, for the purpose of disallowance as a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006

6. Segment Reporting:-

A. The Company is organized in to following business segments:-

(a) Investments and trading in securities

(b) Service charges received from the services rendered as share transfer agent.

(c) Others comprising of receipts from interest etc. Not reportable being less than required percentage as per Accounting standard 17.

B. The company is catering to the domestic market and it does not have revenue from overseas operation. Therefore according to the management, the disclosure for secondary Segments under Accounting standard 17 is not applicable to the company.

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Mar 31, 2010

1 In the opinion of the Board, current assets, loans and advances have value on realisation in the ordinary course of business at least equal to the amounts at which they are stated and that the provision for known liabilities is adequate and not in excess of the amount reasonably necessary

2 Employees Provident Fund Act and Employees State Insurance Act are not applicable to the company. Hence no provision has been made.

3 Amount remained outstanding at the end of the year from debtors, creditors, unsecured loans and other parties (advance) have not been confirmed by them in-spite of adequate efforts.

4 The partnership firm named as SUNRISE EXPORTS of which the company was acting as a partner has been dissolved during the current financial year.

5. Segment Reporting:-

A. The Company is organized in to following business segments: -

(a) Investments and trading in securities

(b) Service charges received from the services rendered as share transfer agent.

(c) Others comprising of receipts from interest etc. Not reportable being less than required percentage as per Accounting standard 17.

B. The company is catering to the domestic market and it does not have revenue from overseas operation. Therefore according to the management, the disclosure for secondary Segments under Accounting standard 17 is not applicable to the company.