Notes to Accounts of Available Finance Ltd.

Mar 31, 2025

a) Terms / Rights attached to Equity Shares

The company has only one class of shares i.e. 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 of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Nature and purpose of Reserves:

a. Capital Reserve: The Reserve is created based on statutory requirement under the Companies Act, 2013. This is not available for distribution of dividend but can be utilized for issuing bonus shares.

b. Securities Premium: Securities premium is used to record premium on issue of shares. The reserve is utilised in accordance with the provisions of the Companies Act, 2013.

c. NBFC Reserves: Every year the Company transfers a of sum of not less than twenty per cent of net profit of that year as disclosed in the statement of profit and loss to its Statutory Reserve pursuant to Section 45-IC of the RBI Act, 1934.

d. Retained earnings: Retained earnings are the profits that the Company has earned till date, less any transfers to statutory reserve, debenture redemption reserve, general reserve, dividends distributions paid to shareholders and transfer from debenture redemption reserve.

e. FVOCI equity instrument: The fair value changes of the long term investments in securities have been recognised in reserves under FVOCI equity instruments as at the date of transition and subsequently in the other comprehensive income for the year.

Note 17: ADDITIONAL NOTES ON ACCOUNTS :

1) Note 1 to 17 referred herein forms an integral part of these Standalone Financial Statements.

2) The Company is engaged in the finance business which constitutes a single business segment, accordingly, disclosure requirement of Ind AS 108 "Operating Segments" is not required to be given.

3) Contingent Liability and commitements :

a) Contingent Liabilities to the extent not provided for:

a) Disputed demand of Income-tax pending appeals amounting to ^ 608.87 /- (PY ^ 608.87/-) against which an amount of ^ NIL/- (PY ^ NIL) paid under protest but not provided for.

b) Disputed demand ofTDS amounting to ^ 1.39 (PY ^ 1.39/-) against which an amount of ^ Nil (PY ^ Nil) is outstanding and not provided for.

b Investments Made:

The investments are classified under respective heads for purposes as mentioned in their object clause. Refer Note 4 of the Financial Statements.

c Guarantee Given or Security Provided:

During the year there is no such transaction.

c Provision For Taxation:

The Company has migrated to the new regime of Income Tax Act, 1961 u/s 115BAA. Provision for taxation for the year has been made after considering allowance, claims and relief available to the Company, if any.

d There were no such transactions that were not recorded in the books of accounts that have been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

11) Capital Management:

The Company maintains an actively managed capital base to cover risks inherent in the business which includes issued equity capital and all other equity reserves attributable to equity holders of the Company. RBI requires NBFC''s to maintain a minimum capital to risk weighted assets ratio ("CRAR") consisting of Tier I and Tier II capital of 15% of our aggregate risk weighted assets. Since, the Company (NBFC) is a "NBFC-CIC-ND-NSI", hence it is not required to compute the financial ratios. The Company has complied with the notification RBI/2019-20/170 DOR (NBFC).CC.PD.No.109/22.10.106/2019-20 "Implementation of Indian Accounting Standards.

12) Disclosure of CSR Activities as per Sec. 135 :

Pursuant to the Provisions of Section 135 of the Companies Act 2013 read with companies (Corporate Social Responsibility Policy) Rules 2014 are not applicable on Company.

13) Financial Instruments by Category and fair value hierarchy:

Set out below, is a comparison by class of the carrying amounts and fair value of the Company''s financial instruments, other than those with carrying amounts that are reasonable approximations of fair values.

The fair values of the financial assets and financial liabilities included in the level 2 and level 3 categories have been determined in accordance with generally accepted pricing models based on a discounted cash flow analysis, with the most significant inputs being the discount rate that reflects the credit risk of counterparties.

To provide an indication about the reliability of the inputs used in determining fair value, the Company has classified its financial instruments into three levels prescribed under the Ind AS. An explanation for each level is given below. Level 1: Quoted (unadjusted) market prices in active markets for identical assets or liabilities.

Level 2: Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable.

Level 3: Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable.

Notes:

1 There have been no transfer between Level 1, Level 2 and Level 3 during the period March 31, 2025 and March 31, 2024.

2 The management assessed that cash and bank balances, borrowings (cash credits, commercial papers, foreign currency loans, working capital loans) and other financial assets and liabilities approximate their carrying amounts largely due to the short-term maturities of these instruments.

Note 17: ADDITIONAL NOTES ON ACCOUNTS :14) Financial risk management objectives and policies to the extent applicable:

The company is a core investment company and having its major exposure to the group companies and therefore the company does not envisage any market risk, currency risk, interest rate risk, price risk, liquidity risk and credit risk. The Company''s senior management in consultation with audit committee has the responsibility for establishing and governing the Company''s overall risk management framework, wherever applicable.

15) Disclosure Pursuant to regulation 54(F) of the SEBI (Listing Obligations & Disclosure Requirements) Regulation 2013.

a Loans and Advances in the nature of Loans to Subsidiary:

There were no such transaction during the year.

c i) None of the parties to whom loans were given have made investment in the shares of the Company.

ii) The above Advances fall under the category of loans, which are repayable on demand and interest has been charged on it.

16) Pursuant to Ind AS 112 - ''Disclosure of Interests in Other Entities'' the interest of the Company in various Associates are as follows:

a The Company is holding more than 20% Equity Shares in Agarwal Coal Corporation Private Limited 32.63% ( PY 32.63%) and Agarwal Fuel Corporation Private Limited 43.55% (PY 43.31%) which are therefore Associate companies within the meaning of section 2(6) of the Companies Act, 2013 and as per applicable IND AS the consolidated financial statements shall be separately prepared.

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

17) Consolidation of Accounts:

The Company is a subsidiary within the meaning of section 2(87) of the Companies Act, 2013 of Archana Coal Private Limited which is holding 57.22% (PY 57.22%) equity shares of the company.

18) In accordance with IND AS - 109 the long-term investments held by the company are to be carried at Cost or Fair Value. All the investments of the Company have been considered by the management to be of long-term nature.

19) The balances of Borrowings and Loans & Advances are subject to respective consent, confirmation, reconciliation and consequential adjustments, if any.

20) Subsequent events

There have been no events after the reporting date that require adjustment/ disclosure in these financial statements.

21) Details of Benami Property held:

During the year, 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.

22) Indications of Impairment

In the opinion of management, there are no indications, internal or external which could have the effect of impairing the value of assets to any material extent as at the Balance sheet date requiring recognition in terms of Ind AS 36.

23) Registration of charges or satisfaction with Registrar of Companies (ROC):

During the year, creation, modification or satisfaction of charge which were to be registered with ROC (if any) have been done within the statutory period.

24) Relationship with Struck off Companies:

The Company has no Investment in securities, Receivables, Payables, Share-holding or Other outstanding balances with such companies.

25) Master Direction - Reserve Bank of India (Non-Banking Financial Company - Scale Based Regulation) Directions, 2023:

The Company has surrendered its license for NBFC-ND as per terms of sub-section (6) of the Section 45-IA of the RBI Act 1934, based on order received from Bhopal Regional Office Of RBI bearing reference number PV(Bhopal)/S728/00.10.149/2021-22, dated 11.02.2022. Pursuant to the stated order, it holds a status of an Unregistered Core Investment Company and is still governed by NBFC Regulations and RBI Act, 1934. It has an asset size of less than ¹ 1000 crores and hence is classified in BASE LAYER of Non-Banking Financial Company - Scale Based Regulation (Directions), 2023.

26) Net Owned Fund Requirement:

In exercise of the powers conferred under clause (b) of sub-section (1) of section 45IA of the RBI Act,1934 and all the powers enabling it in that behalf, the Reserve Bank, specifies ^ 2 crores as the Net Owned Fund (NOF). The Company has a NOF of ^ 2.01 crores as at 31.03.2025.

27) According to Ind AS - 7 the desired Cash flow statement is enclosed herewith.

28) The Company has no borrowings from banks or financial institutions on the basis of security of current assets with respect to which, hence the perodical returns or statements of current assets required to be filed by the Company with banks or financial institutions is not applicable.

29) The Company has not traded or invested in Crypto currency or Virtual Currency during the year ended March 31, 2025 and March 31, 2024.

30) The company has not received any funds from any person/entities, for the purpose of directly or indirectly lending/investing/providing guarantee/security to a another person/entity, by or on behalf of the person/ entity from whom such amount is received.

31) The company has not advanced/loaned/invested funds to any person/entity for the purpose of directly or indirectly lending/investing/providing guarantee/security to a third person/entity, by or on behalf of the company.

32) The Companies (Significant Beneficial Owners) Amendment Rules, 2019 lays down the rules and compliances required to be adhered by the reporting company in India with respect of Significant Beneficial Owners ("SBO") . There is no Significant Beneficial Owner in the Company.

33) Previous year figures have been regrouped or rearranged where ever necessary.

34) The figures have been rounded off to the nearest multiple of a rupee in thousands.

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Mar 31, 2024

Data Not Good

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Mar 31, 2015

1. I) Terms/Rights attached to equity shares

The Company has only one class of equity shares having a par value of ' 10 per share.

Member of the company holding equity share capital therein have a right to vote on every resolution placed before the company and right to receive dividend.

Each holder of equity shares is entitled to one vote per share.

The Company declares dividend(If any) in Indian rupees. The dividend proposed by the Board of Directors(If any) is subject to aproval of the shareholder in the Annual General Meeting except in case of interim dividend.

2.Project Participation Investment

The Company have converted 500 fully paid 7% unsecured convertible Debentures in Agarwat Real City Pvt, Ltd of face value of Rs. 100,000/- each aggregating to Rs. 500 lakhs in project participation investment on the following terms.

a. The company to receive 30% lump sum payment of compensation on 31 /03 /2018.

b. The company to receive additional 10% share of profit of ARCPL over and above minimum assured return.

c. The investment to receive back/redeemed on or before 31/03/2018

3. Other Notes & Disclosers

(i) In the opinion of Board, Current Assets, Loans & Advances have a value of realization in the ordinary course of business, at least equal to the amount at which they are stated.

(ii) Previous year's Figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

(iii) Prioryear's adjustments are shown net of Income, if any.

(iv) No transaction was effected during the period ended on 31st March 2015 with the small scale Industrial Undertaking and outstanding to small scale Industrial undertaking as at the year end was Nil

(v) CIF value of Imports , Earnings in Foreign Exchange, Remittance in Foreign Exchange, Expenditure in Foreign Exchange are NIL

(vii) Contingent Liabilities and commitments (to the extent not Provided for) :

(a) Contingent liabilities

Outstanding guarantees and counter guarantees to various banks in respect of the guarantees given by those banks in favor of various government authorities and others - Nil Claims against companies not acknowledged as debt - Nil

(b) Commitments

Estimated amount of un expected capital co ntracts -Nil

(viii) There is no pending litigations on its financial position of the company.

(ix) Provision for short term regular expenses has been made (refer Note-7). There is no other material foreseeable losses as required under the applicable law or accounting standards, on long term contracts including derivative contracts requiring Company to make provisions thereof.

(x) There is no amounts, required to be transferred, to the Investor Education and Protection Fund by the Company.

4. RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD -18:

a) Related parties where control : Archana Coal Pvt. Ltd.-Holding Co. exists

b) Key Management Personnel : Shri Rajetidra Sharma, Whole Time Director & CEO Shri Sudama Tiwari, Director Shri Y.P. Shukla, Director Smt. Neelam Sharma, Director

c) Related Concern : Ad-Manum Finance Ltd. Associates : Agarwal Fuel Corporation Pvt. Ltd. Agarwal Transport Cotp. Pvt Ltd Agarwal Coal Corp. Pvt. Ltd.

d) Relative(s) of Key Management Personnel * : None

e) The above information regarding related parties have been determined to the extent such parties have

been identified on the basis of information available with the company.

f) Particulars of Transaction and balances with related parties:-

5. SEGMENT REPORTING:

The Business segment has been considered as the primary segment for disclosure.

The categories included in each of the reported business segment are as follows:

a. Loans to parties

b. Investment in Shares

The above business segment have been identified considering

a. The nature of service

b. The deferring risk and return

Revenues and expenses have been accounted for based on the basis of their relationship to the operating activities ofthe segment. Revenues and expenses, which related to the enterprise as a whole and are not allocable -to segments on a reasonable basis have been included under un allocable Assets / Liabilities.

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Mar 31, 2014

(i) In the opinion of Board, Current Assets, Loans & Advances have a value of realization in the ordinary course of business, at least equal to the amount at which they are stated.

(ii) Previous year''s figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

(iii) Prior year''s adjustments are shown net of Income, if any.

(iv) No transaction was effected during the period ended on 31st March 2014 with the small scale Industrial Undertaking and outstanding to small scale Industrial undertaking as at the year end was Nil.

(v) No commission is payable to Directors/Managing Director and hence Computation of Net Profit in accordance with Section 198, 309 and 349 of the Companies Act, 1956 has not been given.

(vi) CIF value of Imports , Earnings in Foreign Exchange, Remittance in Foreign Exchange, Expenditure in Foreign Exchange are NIL

Note No.-2 : RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD -18:

a) Related parties where control exists : None

b) Key Management Personnel : Rajendra Sharma, Whole Time Director Sudama Tiwari, Director Y.P. Shukla, Diretor

c) Relative(s) of Key Management Personnel* : None

d) Associates : Ad-Manum Finance Ltd.

Agarwal Fuel Corporation Pvt. Ltd.

e) The above information regarding related parties have been determined to the extent such parties have been identified on the basis of information available with the company.

f) Particulars of Transaction and balances with related parties:-

*having any transaction with the company

Figures in brackets are relating to previous year 2013-14

Note -3. SEGMENT REPORTING:

The Business segment has been considered as the primary segment for disclosure. The categories included in each of the reported business segment are as follows:

1. Loans to parties

2. Investment in Shares The above business segment have been identified considering

1. The nature of service

2. The deferring risk and return Revenues and expenses have been accounted for based on the basis of their relationship to the operating activities of the segment. Revenues and expenses, which related to the enterprise as a whole and are not allocable to segments on a reasonable basis have been included under un allocable Assets / Liabilities.

Note No – 4 :Schedule as per RBI Norms

(As required in terms of paragraph 13 of Non-Banking Financial (Non-Deposit accepting or Holding )Companies Prudential Norms (Reserve Bank) Directions, 2007)

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Mar 31, 2013

(i) In the opinion of Board, Current Assets, Loans & Advances have a value of realization in the ordinary course of business, at least equal to the amount at which they are stated.

(ii) Previous year''s figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

(iii) Prior year''s adjustments are shown net of Income, if any.

(iv) No transaction was effected during the period ended on 31st March 2013 with the small scale Industrial Undertaking and outstanding to small scale Industrial undertaking as at the year end was Nil

(v) No commission is payable to Directors/Managing Director and hence Computation of Net Profit in accordance with Section 198,309 and 349 of the Companies Act, 1956 has not been given.

(vi) CIF value of Imports, Earnings in Foreign Exchange, Remittance in Foreign Exchange, Expenditure in Foreign Exchange are NIL .

(vii) Directors Remuneration

a. Salary : Rs. 5,55,942/-

b. Value of perquisites : NIL

Note No.-1: RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD 18:

a) Related parties where control exists : None

b) Key Management Personnel : Ajay Mittal, Whole Time Director

Sudama Tiwari, Director Y.P.Shukla, Diretor Rajendra Sharma,Director

c) Relative(s) of Key Management Personnel* : None

d) Associates : Ad-Manum Finance Ltd.

Agarwal Fuel Corporation Pvt. Ltd.

e) The above information regarding related parties have been determined to the extent such parties have been identified on the basis of information available with company.

f) Particulars of Transaction and balances with related parties:-

Note -2. SEGMENT REPORTING:

The Business segment has been considered as the primary segment for disclosure.

The categories included in each of the reported business segment are as follows:

1. Loans to parties

2. Investment in Shares

The above business segment have been identified considering

1. The nature of service

2. The deferring risk and return

Revenues and expenses have been accounted for based on the basis of their relationship to the operating activities of the segment. Revenues and expenses, which related to the enterprise as a whole and are not allocable to segments on a reasonable basis have been included under unallocable Assets I Liabilities.

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Mar 31, 2012

Note No-1: Other Notes & Disclosers

(i) In the opinion of Board, Current Assets, Loans & Advances have a value of realization in the ordinary course of business, at least equal to the amount at which they are stated.

(ii) Previous year's figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

(iii) Prior year's adjustments are shown net of Income, if any. .

(iv) No transaction was effected during the period ended on 31st March 2012 with the small scale Industrial Undertaking and outstanding to small scale Industrial undertaking as at the year end was Nil

(v) No commission is payable to Directors/Managing Director and hence Computation of Net Profit in accordance with Section 198,309 and 349 of the Companies Act, 1956 has not been given.

(vi) CIF value of Imports, Earnings in Foreign Exchange, Remittance in Foreign Exchange, Expenditure in Foreign Exchange are NIL

a) The above information regarding related parties have been determined to the extent such parties have been identified on the basis of information available with the company.

b) Particulars of Transaction and balances with related parties:-

Note -2. SEGMENT REPORTING:

The Business segment has been considered as the primary segment for disclosure.

The categories included in each of the reported business segment are as follows:

1. Loans to parties

2. Investment in Shares

The above business segment have been identified considering

1. The nature of service

2. The deferring risk and return

Revenues and expenses have been accounted for based on the basis of their relationship to the operating activities of the segment. Revenues and expenses, which related to the enterprise as a whole and are not allocable to segments on a reasonable basis have been included under unallocable Assets/Liabilities.

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Mar 31, 2010

1 In the opinion of Board, Current Assets, Loans & Advances have a value of realisation in the ordinary course of business, at least equal to the amount at which they are stated.

2. Previous years figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

3. Prior years adjustments are shown net of Income, if any.

4. No transaction was effected during the period ended on 31st March 2010 with the small scale Industrial Undertaking and outstanding to small scale Industrial undertaking as at the year end was Nil

5. No commission is payable to Directors/Managing Director and hence Computation of Net Profit in accordance with Section 198, 309 and 349 of the Companies Act, 1956 has not been given.

6. CIF value of Imports : NIL

7. Earnings in Foreign Exchange : NIL

8. Remittance in Foreign Exchange : NIL

9. Expenditure in Foreign Exchange : NIL

10. Directors Remuneration

a. Salary : 1,96,800/-

b. Value of perquisites : NIL

11. RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD 18:

a) Related parties where control exists : None

b) Key Management Personnel : Mr. Mahesh Garg, Director

c) Relative(s) of Key Manangement Personnel : None

d) Associates : Ad-Manum Finance Ltd.

Agarwal Coal Corporation Pvt.Ltd.

e) The above information regarding related parties have been determined to the extent such parties have been identified on the basis of information available with the company.

12. The Shares held as stock in trade is 144000 (unquoted) shares of Sanjana Cold Storage Pvt. Ltd. (F.V.Rs. lOAEach)

13. The company is contingently liable in respect of disputed demand of Rs.l95624/-of financial year 2006-07 under Appeal pending with CIT Appeal, Mumbai in respect of income tax.

14. SEGMENT REPORTING:

The Business segment has been considered as the primary segment for disclosure. The categories included in each of the reported business segment are as follows:

1. Loans to parties

2. Investment in Shares

The above business segment have been identified considering

1. The nature of service

2. The deferring risk and return

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Mar 31, 2004

1 In the opinion of Board, Current Assets, Loans & Advances have a value of realisation in the ordinary course of business, at least equal to the amount at which they are stated.

2. Previous years figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

3. Prior years adjustments are shown net of Income, if any.

4. No transaction was effected during the period ended on 31st March 2004 with the small scale Industrial Undertaking and outstanding to small scale Industrial undertaking as at the year end was Nil

5. No commission is payable to Directors/Managing Director and hence Computation of Net Profit in accordance with Section 198,309 and 349 of the Companies Act, 1956 has not been given.

6. CDF value of Imports : NIL

7. Earnings in Foreign Exchange : NIL

8. Remittance in Foreign Exchange : NIL

9. Expenditure in Foreign Exchange : NIL

10. Directors Remuneration

a. Salary : Rs. 1,20,000/-

b. Value of perquisites : NIL

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Mar 31, 2003

1 In the opinion of Board, Current Assets, Loans & Advances have a value of realisation in the ordinary course of business, at least equal to the amount at which they are stated.

2. Previous years figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

3. Prior years adjustments are shown net of Income, if any.

4. No transaction was effected during the period ended on 31st March 2003 with the small scale Industrial Undertaking and outstanding to small scale Industrial undertaking as at the year end was Nil

5. No commission is payable to Directors/Managing Director and hence Computation of Net Profit in accordance with Section 198, 309 and 349 of the Companies Act, 1956 has not been given.

6. SEGMENT REPORTING:

The Business segment has been considered as the primary segment for disclosure. The categories Included in each of the reported business segment are as follows:

1. Loans to parties

2. Share Trading

The above business segment have been identified considering

1. The nature of service

2. The deferring risk and return

Revenues and expenses have been accounted for based on the basis of their relationship to the operating activities of the segment. Revenues and expenses, which related to the enterprise as a whole and are not allocable to segments on a reasonable basis have been included under un allocable Assets / Liabilities.

8. CIF value of Imports : NIL

9. Earnings in Foreign Exchange : NIL

10. Remittance in Foreign Exchange : NIL

11. Expenditure in Foreign Exchang : NIL

12. Directors Remuneration

b. Value of perquisites : NIL

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Mar 31, 2002

1. In the opinion of Board, Current Assets, Loans & Advances have a value of realisation in the ordinary course of business, at least equal to the amount at which they are stated.

2. Previous years figures have been rearranged and regrouped wherever considered necessary. Figures have been rounded off to the nearest rupees.

3. Prior years adjustments are shown net of Income, if any.

4. No transaction was effected during the period ended on 31st March 2002 with the small scale Industrial Undertaking and outstanding to small scale industrial undertaking as at the year end was NIL.

5. No commission is payable to Directors/Managing Director and hence computation of Net Profit in accordance with Section 198, 309 and 349 of the Companies Act, 1956 has not been given.

6. SEGMENT REPORTING:

The Business segment has been considered as the primary segment for disclosure. The category Included in each of the reported business segment are as follows:

1. Loans to parties

2. Share Trading

The above business segment have been identified considering

1. The nature of service

2. The deferring risk and return

Revenues and expenses have been accounted for based on the basis of their relationship to the operating activities of the segment. Revenues and expenses, which related to the enterprise as a whole and are not allocable to segments on a reasonable basis have been included under un allocable Assets/Liabilities.

7. CDF value of Imports : NIL

8. Earnings in Foreign Exchange : NIL

9. Remittance in Foreign Exchange : NIL

10. Expenditure in Foreign Exchange : NIL

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Mar 31, 2000

1. Provision for Income tax for current year is not made as there shall be no taxable incline in the current year. Amount shown under taxation is provision for Interest Tax.

2. During the year 39,36,700 shares on which call money was unpaid have been forfeited and application mony paid on such shares are transferred to capital Reserve account

3. In the opinion of Board, Current Assets, Loans & Advances have a value ob reliasitionin the ordinary course of business, at least equal to the amount at which they are stated.

4. Previous years figures have been rearranged and regrouped wherever considered necesary. Figures have been rounded off to the nearest rupees.

5. Proir years adjustments are shown net of Income, if any.

6. CIF value of Imports : NIL

7. Earnings in Foreign Exchange : NIL

8. Remittance in Foreign Exchange : NIL

9. Expenditure in Foreign Exchange : NIL

10. Directors Remuneration

a. Salary : Rs. 60,000/-

b. Value of perquisites : NIL

Balance Sheet abstract and copnays general Busiess Profile as per Part (IV) of schedule VI to the Companies Act, 1956