Notes to Accounts of Shri Kalyan Holdings Ltd.

Mar 31, 2024

(j) 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. Provisions are measured at the best estimate of the expenditure required to settle the present
obligation at the reporting date.

Provisions are determined by discounting the expected future cash flows (representing the best estimate of the expenditure required
to settle the present obligation at the balance sheet date) at a pre-tax rate that reflects current market assessments of the time value
of money and the risks specific to the liability. The unwinding of the discount is recognized as finance cost. Expected future operating
losses are not provided for.

Contingent liabilities are disclosed 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 will be
required to settle the obligation or a reliable estimate of the amount cannot be made.

(k) Employee benefits

(i) Short-term obligations

Short-term employee benefits are expensed as the related service is provided. A liability is recognised for the amount expected to be
paid if the Company has a present legal or constructive obligation to pay this amount as a result of past service provided by the
employee and the obligation can be estimated reliably.

(l) Interest Expense

Interest expense includes issue costs that are initially recognized as part of the carrying value of the financial liability and amortized
over the expected life using the effective interest method. These include fees and commissions payable to arrangers and other
expenses such as external legal costs, provided these are incremental costs that are directly related to the issue of a financial liability.

(m) Dividends

Provision is made for the amount of any dividend declared, being appropriately authorised and no longer at the discretion of the
entity, on or before the end of the reporting period but not distributed at the end of the reporting period.

(n) Cash and cash equivalents

Cash and cash equivalent in the balance sheet comprise cash at banks and on hand and short-term deposits with an original maturity
of three months or less, which are subject to an insignificant risk of changes in value.

For the purpose of the statement of cash flows, cash and cash equivalents consist of cash and short- term deposits, as defined above,
net of outstanding bank overdrafts as they are considered an integral part of the Company''s cash management.

(o) Earnings per share

(i) Basic earnings per share

Basic earnings per share is calculated by dividing the net profit for the period (excluding other comprehensive income) attri butable to
equity share holders of the Company by the weighted average number of equity shares outstanding during the financial year, adjusted
for bonus element in equity shares issued during the year.

(ii) Diluted earnings per share

Diluted earnings per share is computed by dividing the net profit for the period attributable to equity shareholders by the weighted
average number of shares outstanding during the period as adjusted for the effects of all diluted potential equity shares except where
the results are anti-dilutive

(p) Rounding of amounts

All amounts disclosed in the Financial Statements and Notes have been rounded off to the nearest in thousands with two decimals as
per the requirement of Schedule III, unless otherwise stated.

Note 30 : Segement Reporting

Operating segment/s are defined as components of an enterprise for which discrete financial information is availa
evaluated regularly by the Chief Operating Decision Maker, in deciding how to allocate resources and assessing pe
The Company''s Chief Operating Decision Marker (CODM) is the Managing Director. The Company has only one ide
business segments (industry practice) namely "NBFC".

The Financial Statements itself may be considered to be the segment result as per disclosure requirements of India
Standard 108 issued by the Institute of Chartered Accountants of India.

Note 31 : Lease

In current year, the Company does not have any Lease Liability and Right of use Asset as per IndAS 116 ''Lease'' .

There has been no addition to right of use asset in the current period
requirement and maturity analysis of lease liability and asset as per IndAS 107 ''Financial Instrument : Disclosures''

Note 32 : Corporate Social Responsibility

The Company has constituted the CSR Committee as required under the provisions of the
Companies Act, 2013. Based on the recommendations of the CSR Committee, the Board of
Directors of Shri Kalyan Holdings Ltd. approved the CSR Budget of Rs.NIL /- for FY 2023-24
(Previous year Rs. NIL /-) towards CSR activities.

Note 34 : Financial Risk Management
(A) Market risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of change in market prices.
Market risk comprises three types of risk: foreign currency risk, interest rate risk and other price risk such as equity price risk and
commodity/real estate risk.

(i) Foreign currency risk

Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange
rates.

Foreign cu rrrency Risk Management

In respect of the foreign currency transactions, the company does not hedge the exposures since the management believes that the same
is insignificant in nature and will not have a material impact on the Company.

(ii) Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of
change in market interest rates. The management is responsible for the monitoring of the Company'' interest rate
position. Various variables are considered by the management in structuring the Company''s borrowings to achieve a
reasonable and competitive cost of funding.

In respect of fluctuating interest rate, the company does not have any borrowings from banks and financial institution
and therefore the company is not significantly exposed to interest rate risk

(iii) Market price risk

The Company is exposed to market price risk, which arises from FVTPL and FVOCI investments. The management
monitors the proportion of these investments in its investment portfolio based on market indices. Material investments
within the portfolio are managed on an individual basis and all buy and sell decisions are approved by the appropriate
authority.

(B) Credit risk

Credit risk is the risk that the Company will incurr a loss because its customers or counterparties fail to discharge their
contractual obligation. The Company manages and controls credit risk by setting limits on the amount of risk it is willing
to accept for individual counterparties, and by monitoring exposures in relations to such limits. The Company''s exposure
to credit risk arises majorly from loan receivables. Therefore, the company applies Ind AS 109 simplified approach to
measuring expected credit losses (ECLs) for loan receivables at an estimated rate decided by the management.

Other financial assets like security deposits, lease rent and banks and hence, there is negligible credit risk with respect
to them.

The carrying amount of financial assets represents the maximum credit exposure. The movement in Expected credit loss
are as follows:

(C) Liquidity risk

Liquidity risk is defined as the risk that the Company will not be able to settle or meet its
obligations on time or at reasonable price. Prudent liquidity risk management implies maintaining
sufficient cash and marketable securities and the availability of funding through an adequate
amount of credit facilities to meet obligations when due. The Company''s finance team is
responsible for liquidity, funding as well as settlement management. In addition, processes and
policies related to such risks are overseen by senior management. Management monitors the
Company''s liquidity position through rolling forecasts on the basis of expected cash flows.

The tables have been drawn up based on the undiscounted cash flows of financial liabilities based
on the earliest date on which the Company can be required to pay. In the table below, borrowings
include both interest and principal cash flows.

ii. ) Valuation technique used to determine fair value

Specific Valuation techniques used to value financial instruments include:

- the use of quoted market prices or dealer quotes for similar instruments

- the fair value of unquoted equity instruments has been measured on the basis of their networth and
valuation of their shares.

- the fair value of the remaining financial instruments is determined using discounted cash flow
analysis

iii. ) Valuation processes

The finance department of the company includes a team that performs the valuations of financial
assets and liabilities required for financial reporting purposes, including level 3 fair values.

Note 36 : Capital Management

Risk management

The company''s objectives when managing capital are to

• safeguard their ability to continue as a going concern, so that they can continue to provide returns
for shareholders and benefits for other stakeholders, and

• maintain an optimal capital structure to reduce the cost of capital.

The company monitors its capital by using gearing ratio, which is net debt to total equity. Net debt
includes non-current borrowings net of cash and bank balances and total equity comprises of Equity
share capital, security premium, share options outstanding account and retained earnings. Further, the
company also manages its capital and return to shareholders by adequately investing in mutual funds.

Note 37 : Corporate Social Responsibilty

The provisions of Section 135 of the Companies Act, relating to Corporate Social Responsibilty is not
applicable to the Company.

Note 38: Other Statutory Information

i) Details of Crypto Currency

The Company has neither traded or nor invested in crypto currency or virtual currency during the current financial year or previous financial year.

ii) Compliance with the number of layer of companies

The Company has complied with the number of layer of companies prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers)
Rules, 2017.

iii) Details of Benami Property

No proceedings have been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and
rules made thereunder

iv) Declaration regarding Wilful Defaulter

The company is not declared as wilful defaulter by any bank or financial Institution or other lender during the current financial year or previous financial year.

v) Utilisation of Borrowed Funds and Share Premium

a) No funds 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 Intermediary shall, whether,
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

b) No funds 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, whether, 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

vi) End use of Borrowed Funds

a) The company has used borrowings from banks or financial institutions for the specific purpose for which it was taken at the balance sheet date.

b) The company has not taken any borrowings from banks on the basis of security of Current assets during the current financial year or previous financial year.

c) The company has not taken any secured borrowings during the current financial year or previous financial year accordingly there is no requirement for charge or satisfaction
of charges is to be registered with ROC.

vii) Compliance with Approved scheme of Arrangements

No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

viii) Relationship with Struck Off Companies

There is no any transactions with the Companies struck off under Section 248 of the the Companies Act, 2013 or Section 560 of Companies Act, 1956 for the year ended March
31, 2024 and year ended March31, 2023.

Liquidity Coverage Ratio is not applicable since the Company is non deposit taking NBFC pursuant to circular dt. 04.11.2019 RBI/2019-20/88 DOR.NBFC (PD) CC.
No.102/03.10.001/2019-20.

Note 39 : Other Notes

i) There are no material prior period errors which can impact the financial position of the company as per IND AS 8.

ii) Previous year''s figures have been regrouped, reclassified & rearranged to correspond with the current year figures / presentation wherever necessary.

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Mar 31, 2015

1. Terms/ Rights attached to 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. The company declares and pays dividend in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.

In the event of the liquidation of the Company, equity share holders will be entitled to receive remaining assets of the company, after distribution of all preference allotments. The distribution will in proportion to the number of equity shares held by the share holders.

2. Micro, small and Medium Enterprises

Based on the information available with the company, no creditors have been identified as "supplier" within the meaning of "Micro, Small and Medium Enterprises Development (MSMED) Act 2006"

3. Contingent Provision against standard assets 31-Mar-15 31-Mar-14

a) During the year, a contingent provision against standard assets has been created by Shri kalyan Holdings Limited at 0.25% of the outstanding standard assets in terms of RBI Circular No.DNBS.PD.CC.No.207/ 03.02.002/2010-11 dated january 17,2011.

b) Movement in contingent provision against standard assets during the year is as under:

Opening Balance 495,383 357,734

Additions during the year 136,550 137,649

Closing Balance 631,933 495,383

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Mar 31, 2013

A.Terms/Rights attached to 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. The company declares and pays dividend in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.

In the event of the liquidation of the Company, equity share holders will be entitled to receive remaining assets of the company after distribution of all preference allotments. The distribution will in proportion to the number of equity shares held by the share holders.

A Securities for Term Loans :

[a] All Term Loans from bank are secured against hypothecation of motor cars B Terms of repayment :

[a] Repayable 36 equal monthly installments from the date (05/11/2010) along with interest of 9.82% p.a

[b] Repayable 36 equal monthly installments from the date (07/11/2011), along with interest of 10.50% p.a

[c] Repayable 36 equal monthly installments from the date (01/05/2013), along with interest of 9.37% p.a

[d] Repayable 36 equal monthly installments from the date (01/01/2013), along with interest of 9.96% p.a

[e] Repayable 36 equal monthly installments from the date (01/01/2013), along with interest of 9.86% p.a [d] Repayable 36 equal monthly installments from the date (01/01/2013), along with interest of 9.73% p.a

**As per Accounting Standard ICAI

Notes:

1. As defined in Paragraph 2(1)(xii) of the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directors, 1998.

2. Provisioning norms shall be applicable as prescribed in the Non-Banking Financial Companies Prudential Norms (Reserve Bank) Directions, 1998.

3. Loans and Advances include TDS receivable on Interest received on Fixed Deposits.

4. Inventory has been excluded from Point 5 & Point 7 above.

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Mar 31, 2012

Note : 1 - Share Capital :

A. Terms/Rights attached to 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 p er share. The company declares and pays dividend in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of t he shareholders in the ensuing Annual General Meeting.

In the event of the liquation of the Company, equity share holders will be entitled to receive remaining assets of the company, after distribution of all

preference allotments. The distribution will in proportion to the number of equity shares held by the share holders.

Note : 2 - Long Term Borrowings :

A. Securities for Term Loans :

(a) Terms Loan from banks amounting to Rs. NIL/- (March 31st, 2011: Rs. 6545) are secured against Hypothecation of Motor Car.

(b) Terms Loan from banks amounting to Rs. 720/- (March 31st, 2011: Rs. 44873) are secured against Hypothecation of Motor Car.

(c) Terms Loan from banks amounting to Rs. 139616/- (March 31st, 2011: Rs. 308035) are secured against Hypothecation of Motor Car.

(d) Terms Loan from banks amounting to Rs. 396302/- (March 31st, 2011: Rs. NIL) are secured against Hypothecation of Motor Car.

B. Terms of repayment :

(a) Repayable36 equal monthly instalments from the date of loan (24/11/2007), alongwith interest of 8% p.a

(b) Repayable36 equal monthly instalments from the date of loan (25/05/2009), alongwith interest of 11.13% p.a

(c) Repayable36 equal monthly instalments from the date of loan (08/10/2010), alongwith interest of 9.82% p.a

(d) Repayable36 equal monthly instalments from the date of loan (08/10/2010), alongwith interest of 10.50% p.a

Note : 3 - Related Party Transactions :

A. Name of the Related Party and Nature of the Related Party Relationship :

a. Subsidiary Companies/concerns :

b. Joint Venture Companies :

c. Directors and their relatives :

LIST OF NAME OF DIRETORS & THEIR RELATIVES (Ascending & Descending)

Rajendra Kumar Jain Hemang Jain Kavita Jain

Bhupendra Kumar Jain Indu Bala Jain Charvi Jain

Jinendra Kumar Jain Margniani Jain Tanishka Jain

Prem Lata Jain Veer Bala Jain Sanjay Godha

Sunita Jain Anita Jain Priyanka Patni

Megha Jain Aditya Jain Alkesh Patni

Devesh Sonkiya Prachir Jain Virat Dewan

d. Enterprises significantly influenced by Directors and/or their relatives

Name of Companies in which have substantial interest

Aditya Buildmart Pvt. Ltd Hemang Construction Pvt. Ltd.

Prachir Landmart Pvt. Ltd. Anokhi Buildestate Pvt. Ltd.

Jaipur Paper Pvt. Ltd. Royal Classic buildmart Pvt. Ltd.

Barsana Hotels & Resorts Jaipur Vatika Buildev Pvt. Ltd. Pvt. Ltd.

Ruby Buildcon Pvt. Ltd Blue Stone Premises Pvt. Ltd.

Jaipur Vatika Buildhome Sarans Builders Pvt. Ltd Pvt. Ltd.

Dream City Primestate Pvt. Ltd. Jaipur Vatika Premises Pvt. Ltd.

Shri Kalyan Gem Exports Ltd. Dream Vihar Buildhome Pvt. Ltd.

Kalyan Avas Vikas Pvt. Ltd. Shri Kalyan Realty Ltd.

Eros Kalyan Colonisers Pvt. Ltd. Kalyan Vihar Buildhome Pvt. Ltd.

Shri Kalyan Vatika Jaipur Pvt. Eros Vatika Jaipur Pvt. Ltd. Ltd.

Kalyan Villa PropritiesPvt. Ltd. Syon Infomedia Pvt. Ltd. Eros Sky Scraper Pvt. Ltd. Moonstone Apartment Pvt. Ltd.

Valley View Residency Pvt. Ltd. Eros Vihar Build Home Pvt. Ltd

Mountain View Heights Pvt. Ltd. Wonder Primestate Ltd.

Evita Hotels and Resorts Pvt. Pink City Electrides Pvt. Ltd. Ltd.

Shri Kalyan Enterprises

Note: 4 - Micro, small and Medium Enterprises

a. As per the Company, there are no Creditors who fall under the definition of Micro, Small and Medium Enterprises as defined under Clause of Micro, Small and Medium Enterprises Development Act 2006.

b. The above information takes into account only those suppliers who have responded to the enquiries made by the Company for this purpose.

Note:5 Contingent Provision against standard assets

31-Mar-12 31-Mar-11

a) During the year, a contingent provision against standard assets has been created by Shri kalyan Holdings Limited at 0.25% of the outstanding standard assets in terms of RBI Circular No. DNBS.PD.CC.No.207/03.02.002/2010-11

b) Movement in contingent provision against standard assets during the year is as under: Opening Balance Nil Nil

Additions during the year 184,874 Nil

Closing Balance Nil Nil

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Mar 31, 2011

1. Previous years figures have been grouped wherever necessary.

2. All the figures are rounded off to nearest rupee.

3. Sundry Debtors, Creditors, Loans and Advances are subject to confirmation and reconciliation if any.

4. In the opinion of Board of Directors, Current Assets, Loans & Advances are approximately of value stated, if realised in ordinary course of business. The provisions of all known liabilities are adequate and not in excess of amount reasonably necessary.

5. As per the Company, there are no creditors who fall under the definition of Small Scale Industries as defined under clause (i) of section 3 of the industries (Development and Regulation) Act, 1951.

6.a. As per the Company, there are no Creditors who fall under the definition of Micro, Small and Medium Enterprises as defined under Clause of Micro, Small and Medium Enterprises Development Act 2006.

b. The above information takes into account only those suppliers who have responded to the enquiries made by the Company for this purpose.

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Mar 31, 2010

Not Available