17.4 Rights, Preferences and Restrictions attached to shares

The Company has only one class of equity shares having face value of ?10 each. The holder of the equity share is entitled to dividend right and voting right in the same proportion as the capital paid-up on such equity share bears to the total paid-up equity share capital of the Company. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive the remaining assets of the Company in the same proportion as the capital paid-up on the equity shares held by them bears to the total paid-up equity share capital of the Company.

B. Fair value Measurement

The financial instruments are categorized into three levels based on the inputs used to arrive at fair value measurements as described below:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities; and

Level 2: Inputs other than the quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3: Inputs based on unobservable market data.

Valuation Methodology

All financial Instruments are initially recognised and subsequently re-measured at fair value as described below:

a) The fair value of investments in quoted Equity Shares is measured at quoted price.

b) Fair value of remaining financial assets and liabilities are carried at amortised cost.

C. Financial Risk Management

The Company's activities expose it to market risk, credit risk and liquidity risk. This note explains the sources of risks which the entity is exposed to and how it mitigates that risk.

Market Risk

Market risk is the risk that 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, such as equity price risk and commodity risk.

Foreign Currency Risk

The Company is not exposed to any foreign exchange risk as at the respective reporting dates.

Interest Rate Risk

The Company is not exposed to interest rate risk as the Company has no borrowing or loan or has fixed rate of borrowings as at the respective reporting dates.

Commodity and Other Price Risk

The company enters into paired transactions wherein the contract of purchase of physical commodities are immediately hedged by entering into derivative contract to avoid any directional risk.

Credit Risk

Credit risk is the risk that a customer or counterparty to a financial instrument will fail to perform or pay amounts due causing financial loss to the company. It arises from cash and cash equivalents, derivative financial instruments, deposits from financial institutions and principally from credit exposures to customers relating to outstanding receivables. The Company deals with highly rated counterparties.

Cash and Cash Equivalents and Other Investments

The Company is exposed to counter party risk relating to medium term deposits with banks.

The Company considers factors such as track record, size of the institution, market reputation and service standards to select the banks with which balances and deposits are maintained.The Company does not maintain significant cash and deposit balances other than those required for its day to day operations.

Liquidity Risk

Liquidity risk is the risk that suitable sources of funding for the Company's business activities may not be available. Prudent liquidity risk management implies maintaining sufficient cash and marketable securities and the availability of funding through an adequate amount of committed credit facilities to meet obligations when due, so that the Company is not forced to obtain funds at higher rates. The Company monitors rolling forecasts of the Company's cash flow position and ensure that the Company is able to meet its financial obligation at all times including contingencies.

The Company manages its capital to ensure that it will continue as going concern while maximising the return to stakeholders. The Company manages its capital structure and makes adjustment in light of changes in business condition. The overall strategy remains unchanged as compare to last year.

Net Gearing Ratio

There is no Debt in the Company as at March 31, 2025 and March 31, 2024. Thus, Net Gearing Ratio is Nil as on March 31, 2025 and March 31, 2024.

Note 35:

The previous year figures have been regrouped, reworked, rearranged and reclassified, whenever necessary and are to be read in relation to the amounts and other disclosures relating to the current year.

1. Salary escalation rate is arrived after taking into account regular increments, price inflation and promotion and other relevant factors such as supply and demand in employment market.

2. Discount rate is based on prevailing market yields of Indian Government Securities as at Balance Sheet date for estimated term of obligations.

3. Attrition rate/ withdrawal rate is based on Company's policy towards retention of employees, historical data and industry outlook.

4. The above information is certified by actuary.

The Company is in the business of general trading of precious metal and trading in derivatives on recognized exchanges, there are no separate reportable segments (business and/or geographical) in accordance with the requirements of Indian Accounting Standard (IND AS)108 -'Segment Reporting'.

Note 38: Additional regulatory information required by Schedule III

(i) Details of Benami Property held

No proceedings have been initiated on or are pending against the Company for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.

(ii) Wilful Defaulter

The Company has not been declared wilful defaulter by bank or financial institution or government or any government authority.

(iii) Relationship with struck off companies

The Company has no transactions with the companies struck off under the Companies Act, 2013 or the Companies Act, 1956.

(iv) Compliance with approved scheme(s) of arrangements

The Company has not entered into any scheme of arrangement, which has an accounting impact on current or previous financial year.

(v) Valuation of Property, Plant and Equipment (including Right-of-Use Assets) and Intangible Asset

The Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets) during the current or previous year.

(vi) Utilisation of Borrowed Funds and Share Premium

The Company has not advanced or loaned or invested funds to any person or entity, including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

(a) 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

(b) provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries.

The Company has not received any fund from any person or entity, including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

(a) 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

(b) provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries.

(vii) Undisclosed Income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income-tax Act, 1961, that has not been recorded in the books of account.

(viii) Details of Crypto Currency or Virtual Currency

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

(ix) Utilisation of borrowings availed from Banks and Financial Institutions

The Company has not availed borrowings from banks and financial institutions during the current or previous year.

(x) Compliance with number of layers of companies

The Company has complied with the number of layers prescribed under the Companies Act, 2013.

(xi) Granting of Loans or Advances

The Company has not granted loans or advances in the nature of loan to any promoters, directors, KMPs and the related parties (as per the Companies Act, 2013), either repayable on demand or without specifying any terms or period of repayments.

(xii) Details of Capital Work-in-Progress completion

The Company does not have any Capital-Work-in Progress,whose completion is overdue or has exceeded its cost compared to its original plan.

(xiii) Delay in charges or satisfaction with the ROC

There are no Charges or Satisfaction, which are yet to be registered with the ROC beyond the statutory period.

Note 39: Details of Loans given, Investments made, Guarantees given and Securities provided during the year covered under Section 186(4) of the Companies Act, 2013

i) Loans given Nil (Previous Year Nil)

ii) Investments made are given under respective heads.

iii) Guarantees given and Securities provided by the Company in respect of loan Nil (Previous Year Nil)

Note 40: Related Party Disclosure

As per Ind AS 24, the disclosures of transactions with the related parties are given below:

Note 44: The Financial Statements were approved for issue by the Board of Directors at its meeting held on May 29, 2025.