30 The company has not produced books of accounts and other relevant record in respect of Baramati unit which has since been sold, as such the balances are taken as per audited balance sheet as on 31-03-2008. The impact of transactions entered into by the company at Baramati Unit after 31-03-2008 will be considered when the relevant documents are produced.

31 In the absence of confirmation letter of balances from Debtors, Creditors and Other parties, the balances are taken as per the books of accounts

36 The Company has yet to transfer Rs 11.41 Lacs on account of unpaid dividend to investor Education and Protection Fun d .__

37 Previous year’s figures have been regrouped/reclassified wherever necessary to correspond with the current year’s classification / disclosures.

38 The maintenance of cost records has been specified by the Central Government under section 148 (1) of the Companies Act, 2013 but since

the Turnover of the company is below the specified limit and being a BIFR company, cost records have not been maintained in the prescribed format.

39 The company in order to implement the BIFR sanctioned scheme has leased out the excess land and building to Mukat Educational Trust

_related party. The terms of lease are not prejudicial to the interest of the company._

40 The land in possession of the company is free hold and the title deeds are held in the name of the company.

41 The Company does not have any investment property

42 The company has not revalued any of its property, plant & equipment.

43 The company, during the year under consideration, did not own any intangible assets.

44 The company has not granted any loans, or made any investments, guarantees, and security, to which the provision s of sect i ons 1 8 5

and 186 of the Companies Act 2013 apply.

45 There is no Capital-Work-in Progress (CWIP).

46 There are no Intangible assets under development.

47 The company does not hold any Benami Property.

48 The company has renegotiated the terms of repayment of loan and no installment is falling due in the next two years. There are no loan from banks or financial institutions.

49 The company is not declared Wilful Defaulters by any bank, financial institutions of other lender.

50 The Company has written off Rs.31.60 Lacs during the year on account of bad debts.

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

52 There are no charges or satisfaction which are yet to be registered with the Registrar of Companies beyond the statutory period.

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

54 The company has not entered into any scheme of arrangement which has an accounting impact on current of previous financial year.

55 The company has not borrowed funds or share premium during the year.

56 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.

57 _The provisions of Section 135 pertaining to Corporate Social Responsibility are not applicable to the Company._

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