Notes to Accounts of Trinity League India Ltd.

Mar 31, 2025

The management assessed that fair value of Trade Receivables,Loan Given, Cash and cash Equivalents, Bank Balances,Other Financial
Assets, Other Financial Liabilities approximate their carrying amounts.

B. Financial risk management

The Company has exposure to the following risks arising from financial instruments:

¦ Credit risk ;

¦ Liquidity risk ; and

¦ Market risk

i. Risk management framework

The Company''s board of directors has overall responsibility for the establishment and oversight of the Company''s risk management
framework. The Company manages cash resources, borrowing strategies, and ensures compliance with market risk limits and
policies.

Risk management policies and systems are reviewed regularly to reflect changes in market conditions and the Company''s activities.

The audit committee oversees compliance with the company''s risk management policies and reviews the adequacy of the risk
management framework in relation to the risks faced by the Company.

ii. Credit risk

Credit risk is the risk of financial loss to the Company if a counterparty to a financial instrument fails to meet its contractual
obligations, and arises principally from the Company''s receivables from customers and investments in debt securities.

Cash and other bank balances

The company maintains its Cash and cash equivalents and Bank deposits with banks with good past track record and high quality
credit rating and also reviews their credit-worthiness on an on-going basis.

Trade receivables

Credit risk is managed through credit approvals, ongoing credit evaluations of its customers'' financial condition and monitoring the
creditworthiness of its customers.

(ii) Fair Value Hierarchy

All financial assets and liabilities measured at amortised cost.

(iii) Fair Value of Financial Assets & Financial Liabilites.

Considering the short term nature of Fiannacial Assets & Financial Liabilities fare value are equal to
amortised cost

1 Financial risk factors

The Company''s activities expose it to a variety of financial risks: market risk, credit risk and liquidity risk. The Company''s primary focus is to foresee the
unpredictability of financial markets and seek to minimize potential adverse effects on its financial performance. The primary market risk to the
Company is Interest Rate risk.

The Company''s principal financial liabilities comprise other payables. The main purpose of these financial liabilities is to finance the Company''s
operations. The Company''s principal financial assets include trade and other receivables,Other Financial Assets and cash / cash equivalents that derive
directly from its operations.

Company is not exposed to a number of any financial risks arising from natural business exposures as well as its use of financial instruments including
market risk relating to interest rate, foreign currency exchange rates. Senior management oversees the management of these risks with appropriate
financial risk governance framework for the Company.

2 Market risk

Market risk is the risk where the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market
prices comprise three types of risk: currency rate risk, interest rate risk and other price risks. Financial instruments affected by market risk include
loans and borrowings, deposits, investments, and derivative financial instruments. Foreign currency risk is the risk that the fair value or future cash flows
of a financial instrument will fluctuate because of changes in foreign exchange rates. Interest rate risk is the risk that the fair value or future cash flows
of a financial instrument will fluctuate because of changes in market interest rates. Presently company''s financial instrument is not exposed to any
material market risk.

3 Credit risk

Customer credit risk is managed by each business unit subject to the Company''s established policy, procedures and control relating to customer credit
risk management. Credit quality of a customer is assessed based on an extensive analysis and outstanding customer receivables are regularly
monitored.

Note No. 2.23 CAPITAL MANAGEMENT

For the purpose of the Company''s capital management, capital includes issued equity capital and all other equity reserves attributable to the equity
holders. The primary objective of the Company''s capital management is to maximise the shareholder value.

No changes were made in the objectives, policies or processes for managing capital during the years ended March 31, 2025 and March 31, 2024.

Note No. 2.25 - Additional disclosures as required under schedule III of the Companies Act 2013.

1) No immovable properties are held in name of the Company as at March 31, 2025 and as at March 31, 2024.

2) The company does not hold any Investment Property in its books of accounts, so fair valuation of investment property is not applicable.

3) The Company has not revalued any of its Property, Plant & Equipment in the current year & last year.

4) The company has not granted any loans or advances to promoters, directors, KMP''s and the related parties that are repayable on demand or without specifying any terms or period of repayment.

5) No proceedings have been initiated or pending against the company under the Benami Transactions (Prohibition) Act,1988.

6) Company is not having any transaction with the Companies struck off under the Section 248 of the Companies Act 2013 or Section 560 of the Companies Act 1956 except as below:

Note No. 2.26

Recent accounting pronouncements:

A. Below is a summary of the new standards and key amendments that are effective for the first time for periods commencing on or after 1 April 2024
(i.e. years ended 31 March 2025):

Lease liability in sale and leaseback - Amendments to Ind AS 116 - On 9 September 2024, the MCA notified the narrow-scope amendments to the requirements for sale and leaseback
transactions in Ind AS 116 which explain how an entity accounts for a sale and leaseback after the date of the transaction. The amendments specify that, in measuring the lease liability
subsequent to the sale and leaseback, the seller-lessee determines ''lease payments'' and ''revised lease payments'' in a way that does not result in the seller-lessee recognisingany amount of
the gain or loss that relates to the right of use that it retains. This could particularly impact sale and leaseback transactions where the lease payments include variable payments that do not
depend on an index or a rate.

Insurance Contracts - Ind AS 117 - The MCA notified the new accounting standard Ind AS 117, ''Insurance Contracts'', on 12 August 2024 replacing Ind AS 104, ''Insurance Contracts''. The new
standard requires an entity to apply Ind AS 117 for annual reporting periods beginning on or after 1 April 2024.

B. Standard issued but not effective

On 7th May, 2025, the MCA has notified amendment to IND AS 21 to help entities to determine whether a currency is exchangable into another currency and which spot exchange rate to
The Company does not expect these amendments to have a material impact on its financial statements.

Note No. 2.27

Figures for the previous years have been regrouped/reclassified wherever necessary, to conform to current period''s classification.

For S. K. Mehta & Co. For and on behalf of

Chartered Accountants Trinity League India Limited

(Firm Reg. No.000478N)

Sd/- Sd/- Sd/-

CA Jayant Kumar Devinder Kumar Jain Madhulika Jain

Partner Managing Director Director

Membership No. 518718 DIN 00437646 DIN 00437683

Sd/- Sd/-

Place: Noida Gaurav Bajpai Summiti Jain

Date : May 30, 2025 Company Secretary Chief Financial Officer

(M. No. A54682)

---

Mar 31, 2024

The management assessed that fair value of Trade Receivables,Loan Given, Cash and cash Equivalents, Bank Balances,Other Financial
Assets, Other Financial Liabilities approximate their carrying amounts.

B. Financial risk management

The Company has exposure to the following risks arising from financial instruments:

¦ Credit risk ;

¦ Liquidity risk ; and

¦ Market risk

i. Risk management framework

The Company''s board of directors has overall responsibility for the establishment and oversight of the Company''s risk management
framework. The Company manages cash resources, borrowing strategies, and ensures compliance with market risk limits and
policies.

Risk management policies and systems are reviewed regularly to reflect changes in market conditions and the Company''s activities.

The audit committee oversees compliance with the company''s risk management policies and reviews the adequacy of the risk
management framework in relation to the risks faced by the Company.

ii. Credit risk

Credit risk is the risk of financial loss to the Company if a counterparty to a financial instrument fails to meet its contractual
obligations, and arises principally from the Company''s receivables from customers and investments in debt securities.

Cash and other bank balances

The company maintains its Cash and cash equivalents and Bank deposits with banks with good past track record and high quality
credit rating and also reviews their credit-worthiness on an on-going basis.

Trade receivables

Credit risk is managed through credit approvals, ongoing credit evaluations of its customers'' financial condition and monitoring the
creditworthiness of its customers.

1 Financial risk factors

The Company''s activities expose it to a variety of financial risks: market risk, credit risk and liquidity risk. The Company''s primary focus is to
foresee the unpredictability of financial markets and seek to minimize potential adverse effects on its financial performance. The primary
market risk to the Company is Interest Rate risk.

The Company''s principal financial liabilities comprise other payables. The main purpose of these financial liabilities is to finance the
Company''s operations. The Company''s principal financial assets include trade and other receivables,Other Financial Assets and cash / cash
equivalents that derive directly from its operations.

Company is not exposed to a number of any financial risks arising from natural business exposures as well as its use of financial instruments
including market risk relating to interest rate, foreign currency exchange rates. Senior management oversees the management of these risks
with appropriate financial risk governance framework for the Company.

2 Market risk

Market risk is the risk where the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices.
Market prices comprise three types of risk: currency rate risk, interest rate risk and other price risks. Financial instruments affected by
market risk include loans and borrowings, deposits, investments, and derivative financial instruments. Foreign currency risk is the risk that
the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. Interest rate risk is the
risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. Presently
company''s financial instrument is not exposed to any material market risk.

3 Credit risk

Customer credit risk is managed by each business unit subject to the Company''s established policy, procedures and control relating to
customer credit risk management. Credit quality of a customer is assessed based on an extensive analysis and outstanding customer
receivables are regularly monitored.

Note No. 2.25 CAPITAL MANAGEMENT

For the purpose of the Company''s capital management, capital includes issued equity capital and all other equity reserves attributable to the
equity holders. The primary objective of the Company''s capital management is to maximise the shareholder value.

No changes were made in the objectives, policies or processes for managing capital during the years ended March 31, 2024 and March 31, 2023.

Note No. 2.28

Figures for the previous years have been regrouped/ reclassified wherever necessary, to conform to current period''s classification.

For S. K. Mehta & Co. For and on behalf of

Chartered Accountants Trinity League India Limited

(Firm Reg. No.000478N)

CA Jayant Kumar Devinder Kumar Jain Madhulika Jain

Partner Managing Director Director

Membership No. 518718 DIN 00437646 DIN 00437683

Place: Noida Gaurav Bajpai Summiti Jain

Date : May 24, 2024 Company Secretary Chief Financial Officer

(M. No. A54682)

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Mar 31, 2014

1. Contingent Liabilities There is no contingent liability.

2. The number of employees throughout the year or any part entitled to receive emoluments in aggregate amounting to Rs. 5,00,000/- or more per month or Rs. 60,00,000/- or more during the year : Nil (Previous year : Nil).

3 In the Opinion of the Management the current asset, shown in the Balance Sheet have a value of realization in the ordinary course of the business at least equal to the amount at which they are stated.

4. No provision for Taxation has been made, because of brought forward unabsorbed depreciation / business losses and no provision for MAT has made because of negative book profit after adjusting unabsorbed depreciation/ brought forward business losses.

5. Depreciation on fixed assets has been provided on pro rata basis under straight line, method and as per the relevant rates mentioned in the Companies Act, 1956

6. The board of Directors has not recommended any dividend due to losses. Therefore no provision for dividend has been made.

7. The current assets are considered good as certified by the management.

8. Deferred Tax Liabilities / Assets There is no virtual certainty of there being sufficient profits available in future to account for deferred tax assets.

9. Related Parties Disclosure: Mr. Devinder Kumar Jain & PAC is related to following parties as required by AS-18:- Trinity Global Enterprises Limited Promoter / Director Trinity Industries Limited Promoter / Director M M Carpets & Industries Limited Promoter / Director Trinity Insurance Brokers Pvt. Ltd. Promoter / Director

10. Previous year figures have been regrouped and rearranged wherever considered necessary.

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Mar 31, 2013

1. Contingent Liabilities There is no contingent liability.

2. The number of employees throughout the year or any part entitled to receive emoluments in aggregate amounting to Rs. 5,00,000/- or more per month or Rs. 60,00,000/- or more during the year : Nil (Previous year : Nil).

3 In the Opinion of the Management the current asset, shown in the Balance Sheet have a value of realization in the ordinary course of the business at least equal to the amount at which they are stated.

4. No provision for Taxation has been made, because of brought forward unabsorbed depreciation / business losses and no provision for MAT has made because of negative book profit after adjusting unabsorbed depreciation/ brought forward business losses.

5. Depreciation on fixed assets has been provided on pro rata basis under straight line, method and as per the relevant rates mentioned in the Companies Act, 1956.

6. The board of Directors has not recommended any dividend due to losses. Therefore no provision for dividend has been made.

7. The current assets are considered good as certified by the management.

8. Balance confirmation in respect of balance appearing under the head Current Assets and Current Liabilities subject to confirmation.

9. Deferred Tax Liabilities / Assets

There is no virtual certainty of there being sufficient profits available in future to account for deferred tax assets.

10. Related Parties Disclosure:

Mr. Devinder Kumar Jain & PAC is related to following parties as required by AS-18:- Trinity Global Enterprises Limited Promoter / Director Trinity Industries Limited Promoter / Director M M Carpets & Industries Limited Promoter / Director Trinity Insurance Brokers Pvt. Ltd. Promoter / Director

11. Previous year figures have been regrouped and rearranged wherever considered necessary.

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Mar 31, 2012

1. Contingent Liabilities There is no contingent liability.

2. The number of employees throughout the year or any part entitled to receive emoluments in aggregate amounting to Rs. 5,00,000/- or more per month or Rs. 60,00,000/- or more during the year: Nil (Previous year: Nil).

3. In the Opinion of the Management the current asset, shown in the Balance Sheet have a value of realization in the ordinary course of the business at least equal to the amount at which they are stated.

4. No provision for Taxation has been made, because of brought forward unabsorbed depreciation / business losses and no provision for MAT has made because of negative book profit after adjusting unabsorbed depreciation/ brought forward business losses.

5. Depreciation on fixed assets has been provided on pro rata basis under straight line, method and as per the relevant rates mentioned in the CompaniesAct, 1956

6. The board of Directors has not recommended any dividend due to losses. Therefore no provision for dividend has been made.

7. The current assets are considered good as certified by the management.

8. Balance confirmation in respect of balance appearing under the head Current Assets and Current Liabilities subject to confirmation.

9. Segment Report

The company has identified three reportable segments viz. Homeopathic medicines, Building material and Advisory services. The accounting policies adopted for segment reporting are in line with the accounting policy of the company with following additional policies for segment revenue and expenses:

Revenue and expenses have been identified to a segment on the basis of relationship to operating activities of the segment. Revenue and expenses which relate to enterprise as a whole and are not allocable to a segment on reasonable basis have been disclosed as "Unallocable".

10 Previous year figures have been regrouped and rearranged wherever considered necessary.

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Jun 30, 2010

1. Contingent Liabilities

In the absence of the adequate records, contingent liabilities on the company is not ascertainable.

2. The number of employees throughout the year or any part entitled to receive emoluments in aggregate amounting to Rs. 2,00,0007- or more per month or Rs. 2400,000/- or more during the year: Nil (Previous year: Nil).

3. In the Opinion of the Management the current asset, shown in the Balance Sheet have a value of realization in the ordinary course of the business at least equal to the amount at which they are stated.

4. Estimated amount of contracts remaining to be executed on capital account and not provided for Nil

5. Previous year figures have been regrouped and rearranged wherever considered necessary. The figures for Current Accounting Year is 15 Months instead of 12 Months.

6. No provision for Taxation in terms of section 115 JA of IT. Act has during the year under consideration, because of book losses.

7. The company had availed loans from Dena Bank & SIDBI for its working capital requirement. The Company could not meet its obligation for repayment & servicing of interest. Consequently these loans have been categorized as NPA by the Dena Bank & SIDBI and no interest is being levied on the loan A/c. In view of the same no interest has been provided in the financial accounts in respect of loan taken from SIDBI and DENA .During the year ended 30.06..2010 Company has made one time settlement with SIDBI and DENA Bank and paid the whole amount due to which Rs. 20165308 arise which has been accounted for in other income head of profit and loss account out of above Rs. 7471799 arise because of remission of principal and remaining because of interest.

8. During current financial year Company has written off some fixed assets.

9. The board of Directors has not recommended any dividend due to losses. Therefore no provision for dividend has been made.

10. Depreciation is provided on straight-line method basis applying the rates specified under chapter XIV of the Companies Act 1956.

11. The current assets, are considered good as certified by the management.

12. Balance confirmation in respect of balance appearing under the head Current Assets and Current Liabilities subject to confirmation.

13. The Company has sent letter of balance confirmation to all parties but only a few have responded so far, so the balance in the party accounts whether in debit or credit are subject to reconciliation.

14. Pursuant to the amendment to schedule VI of the Company Act, 1956 in March, 1999 regarding disclosure of amount due to creditors which are small scale industries (SSI) the Company has not yet collected the information from creditors regarding their SSI status which is still in progress. Therefore the compilation of break-up of the sundry creditors between SSIs and others could not be made.

15. The Loans and advances amounting to Rs. 1986554 are not recoverable so has been written off during the year.

16. Deferred Tax Liabilities / Assets

There is no virtual certainty of there being sufficient profits available in future to account for deferred tax assets.

17. Related Parties Disclosure

i.The list of related parties pursuant to AS-18 (Related Parties Disclosure) Issued by The Institute of Chartered Accountants of India is given here below:

Dr. Gurmeet S. Dhingra (Chairman & Managing Director)

Mrs. Renu Dhingra (Director)

ii. Transaction with related parties:

18. Segment Report

A Business Segment is a distinguishable component of an enterprise that is engaged in providing an individual product or service or a group of related products or services and that is subject to risks and returns that are different from those of other business segments.

A Geographical Segment is a distinguishable component of an enterprise that is engaged in providing products or services within a particular economic environment and that is subject to risks and returns that are different from those of components operating in other economic environments.

Our company does not fall under any of these segments as mentioned above. Therefore, this Accounting Standard is not applicable in this case.

19. Schedule and Notes referred to above, form an integral part of the accounts and have been duly authenticated.

20. Schedule 1 to 20 forms an integral part of Balance Sheet, Profit & Loss Account and has been duly authenticated.