Notes to Accounts of Bothra Metals & Alloys Ltd.

Mar 31, 2025

Provision for Current Tax is made in accordance with the provision of Income Tax Act, 1961.
Deferred tax is recognized on timing differences between taxable & accounting income /
expenditure that originates in one period and are capable of reversal in one or more
subsequent period(s). for the F Y 2024-25 DTA of Amount Of Rs. 2,99,189

IMPAIRMENT OF ASSETS:

The company assesses at each balance sheet date whether there is any indication due to external
factors that an asset or group of assets comprising a cash-generating unit (CGU) may be impaired.
If any such indication exists, the company estimates the recoverable amount of the asset. If such
recoverable amount of the asset or the recoverable amount of the CGU, to

which the asset belongs is less than the carrying amount of the asset or the CGU as the case may
be, the carrying amount is reduced to its recoverable amount and the reduction is treated as
impairment loss and is recognized in the statement of profit and loss. If at any subsequent balance
sheet date, there is an indication that a previously assessed impairment loss no longer exists, the
recoverable amount is reassessed and the asset is reflected at the recoverable amount subject to a
maximum of depreciated historical cost and is accordingly reversed in the statement of profit and
loss. Some of the Company assets realization value is Rs. NILL, so that we require to Impairment
Amount Rs. NIL.

NOTE 2.3: TERMS/RIGHTS ATTACHED TO EQUITY SHARES

The Company has only one class of equity shares having a par value of Rs. 10 per share. All these
shares have the same rights and preferences with respect to payment of dividend, repayment of
capital and voting.

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.

NOTE 36: SOME OF THE CREDITORS HAVE FILED SUIT
AGAINST THE COMPANY FOR THE RECOVERY OF THEIR
DUES, FURTHERMORE THE COMPANY HAS ALSO FILED
CASE AGAINST SOME OF THE DEBTORS. HOWEVER
THE MANAGEMENT HAS ASSURED THAT THESE
LITIGATIONS AND CLAIMS SHALL BE RESOLVED
AMICABLY WITH THE CONCERNED PARTIES.

^{For SSRV} & ^Associates For and on Behalf of Board of Directors

Chartered Accountants

ICAI Registration Number: 135901W _sd/_{- s}d/_-

Sunderlal Bothra Kishanlal Bothra

sd/- Managing Director Director & CFO

Satyendra S. Sahu DIN: 00737982 DIN: 00738027

Partner

Membership Number: 126823 _sd/_-

Sonu Singhal

Place: Mumbai Company Secretary

Dated : 30 May 2025

---

Mar 31, 2024

NOTE 2.3: TERMS/RIGHTS ATTACHED TO EQUITY SHARES

The Company has only one class of equity shares having a par value of Rs. 10 per share. All these shares have the same rights and preferences with respect to payment of dividend, repayment of capital and voting.

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.

NOTE 27: CONTINGENT LIABILITIES (TO THE EXTENT NOT PROVIDED FOR) Claims against the Company not acknowledged as debts: (|n |_a|
Sr. No.	Particulars	As on 31 March 2024	As on 31 March 2023
	HP VAT -Demand for the Year 2011-12 & 2012-13 Ex Party assessment order dated 7 September 2021	393.11	393.66
	HP VAT Demand for the Year 2013-14 Ex Party	427.22	427.36
1	HP VAT Demand for the Year 2014-15 Ex Party	413.99	414.28
	HP VAT Demand for the Year 2015-16 Ex Party	310.92	311.34
	HP VAT Demand for the Year 2016-17 Ex Party	155.16	155.32
	HP VAT Demand for the Year 2017-18 Ex Party	18.31	18.41
	G uj rat VAT & CST 12-13	153.69	153.69
2	G uj rat VAT & CST 13-14	21.28	21.28
	G uj rat VAT & CST 14-15	33.41	33.41
	Jaipur CST 2011-12	0	33.93
3	Jaipur CST 2012-13	0	8.20
	Jaipur CST 2013-14	0	6.86
Notes: The above-said liabilities are under appeal and are subject to re-assessment.

---

Mar 31, 2015

1. CORPORATE INFORMATION

Bothra Metals & Alloys Ltd was incorporated in the year 2001. The Company is into manufacturing of Aluminium Section and Ingots through its manufacturing facility at Sangli and Kala-Amb. The Company is also into trading of all type of Non-Ferrous Metals.

c) During last five years, 13,999,880 number of Equity Shares were issued as fully paid bonus shares.

NATURE OF SECURITY AND TERMS OF REPAYMENT FOR LONG TERM BORROWINGS

NATURE OF SECURITY

TERMS OF REPAYMENT

I Term loan amounting to RS. 140.53 Lakhs (Previous year Rs. 220.85 Lakhs) is secured by first charge on plant and machinery funded by term-loan, first charge on part of land at Sangli and personal guarantee of directors and relatives of directors.

Loan to be repaid in 11 equal quarterly installments starting from May, 2014 and last installment due In November, 2016. Rate of interest is 13.00% per annum payable monthly.

Ii Car loan amounting to ` 3.57 Lakhs (Previous year ` 6.56 Lakhs) is secured against car, from Volkswagen Finance Pvt. Ltd

Loan to be repaid in 48 equal monthly installments, starting from May, 2012 and last installment due in April, 2016. Rate of interest is 11.73% per annum payable monthly.

Iii Car loan amounting to ` 1.76 Lakhs (Previous year ` 2.80 Lakhs) is secured against car, from ICICI Bank.

Loan to be repaid in 60 equal monthly installments, starting from October,2011 and last installment due in September, 2016.Rate of interest is 11.26% per annum payable monthly.

Iv Unsecured Loan amounting ` Nil (Previous ye ar `16.19 Lakhs) was taken from HDFC Bank.

Loan to be repaid in 24 equal monthly installments, starting from April, 2013 and last installment due in March, 2015. Rate of interest is 16.00% per annum payable monthly.

V Unsecured Loan amounting ` 4.44 Lakhs (Previous year ` NIL) was raised during the year from LIC of India.

Loan to be repaid at the end of tenure of 8 years. Rate of interest is 9.00% per annum

Cash credit, buyer's credit arrangement and letter of credit limit from banks are secured against hypothecatior of trade receivables and inventory of the company and also the collateral security of properties of company and guaranteed by directors and their relatives with the collateral security of personal properties of directors and relatives.

Interest income has been shown as deduction from interest paid for loans in statement of profit and loss for proper presentation.

2. Contingent liabilities (to the extent not provided for):

Claims against the Company not acknowledged as debts: (Rs. In Lakhs)

S. Particulars As on As on No. 31.03.2015 31.03.2014

1 Gujarat commercial tax which is being contested by Company. - 9.46

2 Central Excise Duty, which is being contested by the company 2.00 2.00

3. Disclosure pursuant to Accounting Standard - 15 "Employee Benefits"

a) The Company has made a provision for the employee benefits in accordance with the Accounting Standard (AS) 15 "Employee Benefits". Defined contribution plans:

b) Defined benefit plans:

The employee gratuity is a defined benefit plan. The present value of the obligation is based on actuarialvaluation using projected unit credit method

The estimates of future salary increase considered in actuarial valuation take account of inflation, seniority, promotion and other relevant factors such as supply and demand in the employment market.

4. Related parties with whom transactions done during the year :

Key management personnel & relatives

a) Sunderlal Bothra

b) Narendra Kumar Bothra

c) Kishanlal Bothra

d) Sardarmal C.Suthar

e) Ashok Surana

f) Nirmal Daga

g) Sanjay Deokar

h) Kavindra Kumar Chhajer

i) Sunderlal Bothra (HUF)

j) Manju S. Bothra

k) Krishna BandhuDeokar

l) Dimple K. Bothra

m) Madhu N. Bothra

n) Sayerdevi Bothra

o) Bothra Print & Pack

5. Segment information: The Company operates in one segment namely aluminium based products.

6. C.I.F. Value of imports, expenditure and earnings in foreign currency

7. Figures for the previous year have been regrouped / reclassified / reinstated, wherever considered necessary.

---

Mar 31, 2014

1. Contingent liabilities (to the extent not provided for):

Claims against the Company not acknowledged as debts:

(Rs In Lakhs) Paticular As on 31.03.2014 As on 31.03.2014

1 Gujarat commercial tax which is being contested by 9.46 9.46 Company.

2 Central Excise Duty, which is being contested by the 2.00 0.00 company

2. Disclosure pursuant to Accounting Standard - 15 "Employee Benefits"

The Company has made a provision for the employee benefits in accordance with the Accounting Standard (AS) 15 "Employee Benefits".

b) Defined benefit plans:

The employee gratuity is a defined benefit plan. The present value of the obligation is based on actuarialvaluation using projected unit credit method

The estimates of future salary increase considered in actuarial valuation take account of inflation, seniority, promotion and other relevant factors such as supply and demand in the employment market.

3. Related parties with whom transactions done during the year :

Key management personnel & relatives

a) Sunderlal Bothra

b) Narendra Kumar Bothra

c) Kishanlal Bothra

d) Sardarmal C.Suthar

e) Ashok Surana

f) Nirmal Daga

g) Sanjay Deokar

h) Kavindra Kumar Chhajer

i) Sunderlal Bothra (HUF)

j) Manju S. Bothra

k) Krishna BandhuDeokar

l) Dimple K. Bothra

m) Madhu N. Bothra

n) Sayerdevi Bothra

o) Bothra Print & Pack

---

Mar 31, 2013

1 EXTRAORDINARY ITEMS

Some Plant and machinery, building etc at Kala-Amb plant were damaged due to natural calamity for which insurance claim was filed with the insurance company for Rs. 25.36 lakhs. The actual amount received is Rs. 15.68 lakhs giving a loss on insurance claim worth Rs. 9.68 lakhs which is shown in statement of profit and loss of 2011-12.

2 The Company has made a provision for the employee benefits in accordance with the Accounting Standard (AS) 15 "Employee Benefits". During the year, the Company has recognized the following amounts in its financial statements :

b) Defined benefit plans:

The employee gratuity is a defined benefit plan. The present value of the obligation is based on actuarial valuation using projected unit credit method

3 Related parties with whom transactions done during the year :

i. Key management personnel & relatives

a) Sunderlal Bothra

b) Narendra Kumar Bothra

c) Kishanlal Bothra

d) Sardarmal C.Suthar

e) Ashok Surana

f) Nirmal Daga

g) Sanjay Deokar

h) Sunderlal Bothra (HUF) i) Sardarmal Suthar (HUF) j) Ashok L. Bothra k) Manju S. Bothra l) Krishna Bandhu Deokar m) Dimple K. Bothra

4 Segment information : The Company operates in one segment namely aluminium based products.

5. Figures for the previous year have been regrouped / reclassified / reinstated, wherever considered necessary.