అకౌంట్స్ గమనికలుAluwind Infra-Tech Ltd.

Mar 31, 2025

2.16 Provision, Contingent Liabilities and Contingent Assets:

Provisions are recognized when the Company has a present
obligation (legal or constructive) as a result of a past event
and it is probable that an outflow of resources embodying
economic benefits will be required to settle the obligation
and a reliable estimate can be made of the amount of the
obligation. When the Company expects some or all of a
provision to be reimbursed, for example, under an insurance
contract, the reimbursement is recognized as a separate
asset, but only when the reimbursement is virtually certain.
The expense relating to a provision is presented in the
statement of profit and loss net of any reimbursement.

A contingent liability is a possible obligation that arises
from past events whose existence will be confirmed by the
occurrence or non—occurrence of one or more uncertain
future events not wholly within the control of the Company
or a present obligation that is not recognized because it is
not probable that an outflow of resources will be required
to settle the obligation or reliable estimate of the same is
possible. A contingent liability also arises in extremely rare
cases where there is a liability that cannot be recognized
because it cannot be measured reliably.

A contingent asset is not recognised unless it becomes
virtually certain that an inflow of economic benefits will
arise. When an inflow of economic benefits is probable,
contingent asset are disclosed.

Contingent assets and liabilities are reviewed at each
balance sheet date.

2.17 Commitments:

Commitments are future liabilities for contractual
expenditure. Commitments are classified and disclosed as
follows:

• Estimated amount of contracts remaining to be
executed on capital account and not provided for,

• Uncalled liability on shares and other investments
partly paid,

• Funding related commitment to subsidiary, associate
and joint venture companies and

• Other non-cancellable commitments, if any, to the
extent they are considered material and relevant in the
opinion of management.

Other commitments related to sales/procurements made
in the normal course of business are not disclosed to avoid
excessive details.

2.18 Extraordinary and Exceptional Items:

Income or expenses that arise from events or transactions
that are clearly distinct from the ordinary activities of the
Company are classified as extraordinary items. Specific
disclosure of such events/transactions is made in the
financial statements. Similarly, any external event beyond
the control of the Company, significantly impacting income
or expense, is also treated as extraordinary item and
disclosed as such.

On certain occasions, the size, type, or incidence of an item
of income or expense, pertaining to the ordinary activities
of the Company, is such that its disclosure improves an
understanding of the performance of the Company. Such
income or expense is classified as an exceptional item and
accordingly disclosed in the notes to accounts.

2.19 Foreign Currency Transactions:

Foreign currency transactions are recorded on initial
recognition in the reporting currency, using the exchange
rate at the date of the transaction.

Subsequently, at each Balance Sheet date, foreign
currency monetary items are reported using the closing
rate, whereas non-monetary items are carried at historical
cost, determined using the exchange rate at the date of the
transaction.

Exchange differences that arise on settlement of monetary
items or on reporting of monetary items at each Balance
Sheet date at the closing rate are recognised as income or
expense in the period in which they arise.

Shares allotted for consideration other than cash(for period of five years preceding the B/S date)

(1) 66,00,000 Equity Shares of Rs 10 each were issued as fully paid by way of public issue on 9th April 2024 at face value of Rs 10
each with a premium of Rs 35 per share.

(2) 1,57,13,056 Equity Shares of Rs 10 each were issued as fully paid bonus shares on 16th January 2024 in the ratio of 62:10 (i.e.
62 (sixty two)) fully paid up equity share for every 10 ( ten ) Equity share held to the shareholders.

(3) 24,13,680 Equity Shares of Rs 10 each were issued as fully paid bonus shares on 27th March 2023 in the ratio of 20:1 (i.e. 20
(twenty)) fully paid up equity share for every 1 ( one ) Equity share held to the shareholders.

Repayment terms of loans and security details:

Secured loans:

(i) Car loan taken from Punjab National Bank of Rs 16,00,000 is repayable in 36 monthly equal instalments of Rs 50,731 each
beginning from 16/08/2023 and ending on 16/07/2026 and is secured against hypothecation of the financed vehicle.

(ii) Commercial vehicle loan taken from HDFC Bank of Rs 22,61,757 is repayable in 60 monthly equal instalments of Rs 47,730
each beginning from 05/05/2024 and ending on 05/04/2029 and is secured against hypothecation of the financed vehicle.

(iii) Commercial vehicle loan taken from Yes Bank of Rs 14,50,000 is repayable in 48 monthly equal instalments of Rs 35,430 each
beginning from 02/06/2021 and ending on 02/05/2025 and is secured against hypothecation of the financed vehicle.

(iv) Commercial vehicle loan taken from AU Small Finance bank of Rs 5,00,000 is repayable in 48 monthly equal instalments of
Rs 12,684 each beginning from 10/07/2022 and ending on 10/06/2026 and is secured against hypothecation of the financed
vehicle.

(v) Commercial vehicle loan taken from HDFC bank of Rs 15,00,000 is repayable in 36 monthly equal instalments of Rs 47,710
each beginning from 05/02/2023 and ending on 05/01/2026 and is secured against hypothecation of the financed vehicle.

(vi) Commercial vehicle loan taken from HDFC bank of Rs 15,98,233 is repayable in 60 monthly equal instalments of Rs 33,760
each beginning from 05/09/2024 and ending on 05/08/2029 and is secured against hypothecation of the financed vehicle.

(vii) Loan against property taken from ICICI Bank of Rs 70,06,886 is repayable in 240 monthly equal instalments of Rs 62,127 each
beginning from 10/09/2024 and ending on 10/08/2044 and is secured against hypothecation of the property.

Unsecured loans:

(i) Loans from directors represent borrowings obtained by the Company at an interest rate of 9.15% per annum. These loans were
taken for business purposes and are repayable on demand. However, as the Company does not forsee to repay the amounts
within the next 12 months, they have been classified as long-term borrowings.

Notes:

(i) The company has filed an appeal before the CIT(Appeals) for AY 2022-23 and AY 2010-11 against the order received u/s 143(3)
of the Income tax Act. The submission has been made to the department and the orders are pending.

(ii) (a) The company has filed an appeal before the Office of commissioner of Central GST (appeals) Belgavi and Superintendent

-Central Tax, Mangalore for year 2019-20 against the notice received u/s 73 of the GST Act regarding demandand raised
a tax liability of Rs 15,82,104/-. The company has made an appeal before GST appeals Belgavi on 21.11.2024 and
documents submitted to GST dept, Belgavi on 28.11.2024 and 10% pre deposit has been paid.

(b) The Deputy Commissioner-State Tax has issued notice u/s 74 of the GST Act for year 2019-20 regarding Intra state
supply of service misclassified as inter state supply of service and raised a tax liability of Rs 3,33,104/- The company has
submitted the reply to DRC-01 on 12.12.2024.

(c) The Deputy Commissioner-State Tax has issued notice u/s 74 of the GST Act for year 2020-21 regarding Intra state supply
of service misclassified as inter state supply of service and raised a tax liability of Rs 9406/- The company has submitted
the reply to DRC-01 on 12.12.2024.

* The discount rate is based upon the yield of government bonds and the salary increase should take into account inflation, seniority,
promotion, and other relevant factors. However, no explicit allowance is used for disability. As per Accounting standards, selection
of appropriate assumption is responsibility of the entity. Though entity has been advised on the suitability wherever applicable, the
report is based on assumptions finalized by the entity.

D. Characteristics of defined benefit plans.

Valuation of defined benefit plan are performed on certain basic set of pre-determined assumptions and other regulatory framework
which may vary over time.

OTHER ADDITIONAL DISCLOSURES:

a. The Company does not have any benami property, where any proceeding has been initiated or pending against the company for
holding any Benami Property.

b. The Company does not have any transactions with companies struck off.

c. The company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period
except the charge pending to be created on commercial vehicle of Rs 73.09 lakhs.

d. The company have not traded or invest in Crypto currency or Virtual currency during the financial year.

e. The company have not advanced or given loan or invested fund (either borrowed funds or share premium or any other sources
or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the
Intermediary shall:

(i) 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

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

f. The company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding party) with the
understanding (whether recorded in writing or otherwise) that the company shall:

(i) 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

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

g. The company does not have any such transaction which is not recorded in the books of accounts that has been surrendered
or disclosed as income during the year in the tax assessment under the Income Tax Act, 1961 (such as, search or survey or any
other relevant provisions of the Income Tax Act, 1961)

h. The company has not been declared as Wilful defaulter by the Banks, Financial institution or other lenders.

i. The company has not granted any loans or advances in nature of loans to directors, promoters, KMP’s and the Related parties
during the year either jointly or severally whether repayable on demand or without specifying any terms or period.

j. The Title deeds of all the immovable properties owned and disclosed (other than properties where the Company is the lessee
and the lease agreements are duly executed in favour of the lesseee) in this financial statements are held in the name of the
Company.

k. The company has availed borrowings from the ICICI Bank on the basis of security of current assets and there are no material
discrepancies in the quarterly statements of current assets filed by the company with the bank and the books of accounts.

For and on behalf of the Board

For R Kejriwal & Co.

Chartered Accountants

sd/- sd/- sd/-

Khushboo Shah Murli Manohar Ramshankar Rajesh Kabra

Kabra

Partner Managing Director Director

M No: 171607 DIN: 00178667 DIN: 00178688

FRN: 133558W

sd/- sd/-

Varsha Amrutlal Shah Harsh Singh Solanki

Chief Financial Officer Company Secretary & Compliance

Officer

Place: Surat Place: Mumbai M. No: A64393

Date: 23/05/2025 Date: 23/05/2025

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Mar 31, 2024

2.16 Provision, Contingent Liabilities and Contingent Assets

Provisions are recognized when the Company has a present obligation (legal or constructive) as a result of a past event and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. When the Company expects some or all of a provision to be reimbursed, for example, under an insurance contract, the reimbursement is recognized as a separate asset, but only when the reimbursement is virtually certain. The expense relating to a provision is presented in the statement of profit and loss net of any reimbursement.

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Company or a present obligation that is not recognized because it is not probable that an outflow of resources will be required

to settle the obligation or reliable estimate of the same is possible. A contingent liability also arises in extremely rare cases where there is a liability that cannot be recognized because it cannot be measured reliably.

A contingent asset is not recognised unless it becomes virtually certain that an inflow of economic benefits will arise. When an inflow of economic benefits is probable, contingent asset are disclosed.

Contingent assets and liabilities are reviewed at each balance sheet date.

2.17 Commitments:

Commitments are future liabilities for contractual expenditure. Commitments are classified and disclosed as follows:

• Estimated amount of contracts remaining to be executed on capital account and not provided for,

• Uncalled liability on shares and other investments partly paid,

• Funding related commitment to subsidiary, associate and joint venture companies and,

• Other non-cancellable commitments, if any, to the extent they are considered material and relevant in the opinion of management.

Other commitments related to sales/procurements made in the normal course of business are not disclosed to avoid excessive details.

2.18 Extraordinary and Exceptional Items:

Income or expenses that arise from events or transactions that are clearly distinct from the ordinary activities of the Company are classified as extraordinary items. Specific disclosure of such events/transactions is made in the financial statements. Similarly, any external event beyond the control of the Company, significantly impacting income or expense, is also treated as extraordinary item and disclosed as such.

On certain occasions, the size, type, or incidence of an item of income or expense, pertaining to the ordinary activities of the Company, is such that its disclosure improves an understanding of the performance of the Company. Such income or expense is classified as an exceptional item and accordingly disclosed in the notes to accounts.

2.19 Foreign Currency Transactions:

Foreign currency transactions are recorded on initial recognition in the reporting currency, using the exchange rate at the date of the transaction.

Subsequently, at each Balance Sheet date, foreign currency monetary items are reported using the closing rate, whereas non-monetary items are carried at historical cost, determined using the exchange rate at the date of the transaction.

Exchange differences that arise on settlement of monetary items or on reporting of monetary items at each Balance Sheet date at the closing rate are recognised as income or expense in the period in which they arise.

Nature of Security and terms of repayment:

Car loan taken from Kotak Mahindra Prime Ltd of Rs 26,88,000 is repayable in 36 monthly equal instalments of Rs 81,231 each beginning from 01/02/2022 and ending on 01/01/2025 and is secured against hypothecation of the financed vehicle.

Car loan taken from Punjab National Bank of Rs 16,00,000 is repayable in 36 monthly equal instalments of Rs 50,731 each beginning from 16/08/2023 and ending on 16/07/2026 and is secured against hypothecation of the financed vehicle.

Commercial vehicle loan taken from HDFC Bank of Rs 22,61,757 is repayable in 60 monthly equal instalments of Rs 47,730 each beginning from 05/05/2024 and ending on 05/04/2029 and is secured against hypothecation of the financed vehicle.

Commercial vehicle loan taken from Yes Bank of Rs 14,50,000 is repayable in 48 monthly equal instalments of Rs 35,430 each beginning from 02/06/2021 and ending on 02/05/2025 and is secured against hypothecation of the financed vehicle.

Commercial vehicle loan taken from AU Small Finance bank of Rs 5,00,000 is repayable in 48 monthly equal instalments of Rs 12,684 each beginning from 10/07/2022 and ending on 10/06/2026 and is secured against hypothecation of the financed vehicle.

Commercial vehicle loan taken from HDFC bank of Rs 15,00,000 is repayable in 36 monthly equal instalments of Rs 47,710 each beginning from 05/02/2023 and ending on 05/01/2026 and is secured against hypothecation of the financed vehicle.

Term loan for machinery taken from ICICI Bank of Rs 50,00,000 is repayable in equal principal amount of Rs 83,333 per month starting from May-22 and interest shall be charged at Repo rate Spread per annum plus applicable statutory levy, if any. Last instalment to be paid on or before Nov-26.

Term Loan from ICICI Bank for machinery is secured by way of:

a) Hypothecation of entire stock of raw materials, semi-finished and finished goods, consumables store and spares and such other movables including book debts, bills whether documentary or clean, outstanding monies, receivables fixed assets, both present and future, in a form and manner satisfactory to the bank, charge on fixed assets.

b) Unconditional and irrevocable personal guarantee of directors of the company

c) Equitable mortgage on the following properties owned by the company:

i) 604, Palm Spring Centre, Link Road, Malad (W), Mumbai - 400064

ii) 1804, C wing, Interface Heights, Malad West Mumbai - 400064

iii) Gate no 374,Village Koregaon Bhima, Taluka - Shirur, Dist - Pune- 412216

OTHER ADDITIONAL DISCLOSURES:

a. The Company does not have any benami property, where any proceeding has been initiated or pending against the company for holding any Benami Property.

b. The Company does not have any transactions with companies struck off.

c. The company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period except the charge pending to be created on machinery term loan of Rs 50 lakhs, commercial vehicle of Rs 57.11 lakhs and car loan of Rs 26.88 lakhs.

d. The company have not traded or invest in Crypto currency or Virtual currency during the financial year.

e. The company have not advanced or given loan or invested fund to any other person(s) or entity(ies), 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.

f. The company have not received any fund from any person(s) or entity(ies), 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.

g. The company does not have any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessment under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961)

h. The company has not been declared as Wilful defaulter by the Banks, Financial institution or other lenders.

i. The company has not granted any loans or advances in nature of loans to directors, promoters, KMP''s and the Related parties during the year either jointly or severally whether repayable on demand or without specifying any terms or period.

As per our report of even date For and on Behalf of the Board

For R Kejriwal & Co.

Chartered Accountants Murli Manohar Ramshankar Kabra Rajesh Kabra

Managing Director Director

Khushboo Shah DIN: 00178667 DIN: 00178688

Partner M No: 171607 FRN: 133558W

Varsha Amrutlal Shah Shripriya Mishra

Place: Mumbai Chief Financial Officer Company Secretary

Date: May 29, 2024 M. No: A35908