viii. Provisions and Contingent Liabilities
The Company creates a provision when there is present obligation as a result of a past event that probably requires an outflow of resources and a reliable estimate can be made of the amount of the obligation.
A disclosure for a contingent liability is made when there is a possible obligation or a present obligation that may, but probably will not, require an outflow of resources. The Company also discloses present obligations forwhich a reliable estimate cannot be made. When there is a possible obligation ora present obligation in respect of which the likelihood of outflow of resources is remote, no provision or disclosure is made.
ix. Borrowing costs
Borrowing costs consist of interest and other costs that an entity incurs in connection with the borrowing of funds. Borrowing cost also includes exchange differences to the extent regarded as an adjustment to the borrowing costs
x. Earnings per Share
Basic earnings per share are calculated by dividing the profit after tax or loss for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period. In case there are any dilutive securities during the period presented, the impact of the same is given to arrive at diluted earnings per share.
NOTE: Contingent Liability & Capital Commitments
a) Company do/ do not have any Contingent Liability for the year under review.
b) Company do / do not have any Capital Commitments for the year under review.
NOTE: Segment Reporting
The geograpical segment of the comnpany is the primary the reporting segment ie operating in India and the business segment is the secondary segment.
NOTE: Corporate Social Responsbilitv
Where Compoany falls under the provision of section 135 Of the companies Act, 2013 i.e. CSR Provision, then Auditor needs to give disclosure about its nature, amount spent or expenditure incurred etc in the Notes of Accounts.
Note: Details Of Benami Property
Where any proceedings have been initiated or pending against the Companyfor holding any Benami Property under the Benami Transactions ( Prohibitions) Act, 1988 and the rules made thereunder, the company shall disclose the details .amount,of such property.
Note : Registration Of Charges or Satisfaction with Registrar of Companies
Where any charges or satisfaction yet to be registered with ROC beyond the statutory period, details and reasons shall be disclosed by the Auditor in the Notes to Accounts
Note: Undisclosed Income
The Copmpany shall disclosed of that transaction which were not recorded in the books of accounts or that has been surrendered or disclosed as income suring the year in the tax assessments.
Note; Details of Crypto / Virtual Currency
Where the company hasc traded or investef in Crypto currency or Virtual Currency during the financial year. then auditor need to disclose its profit or loss on trasction or amount of currency otc in the notes of accounts.
As per Reports of even Date
For MKRJ & Company For and on behalf of the Board of Directors
Chartered Accountants
Firm’s Registration Number - 030311N
Mukesh Kumar Jain Babulal Bhawarlal Kharwad Muskan
Partner Whole Time Director Company Secrotary
Membership No. 073972 DIN - 08005282 PAN:EOFPM0137H
UDtN: |
Place: New Delhi Sushila Babulal Kharwad Santosh
Dated: Director Chief Financial Officer
_PIN -10016692_PAN:FW0PS26551|
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