అకౌంట్స్ గమనికలుEncode Packaging India Ltd.

Mar 31, 2024

2.2-4 Provisions and contingencies

A provision is recognised when the Company has a present obligation as a resort of past events and it is probable that an outflow of resources
will be required to settle the obligation in respect of which a reliable estimate can be made Provisions (excluding retirement benefits) are not
discounted to their present value and are determined based on the best estimate required to settle the obligation at the Balance Sheet date.
~bese are reviewed at each Balance Sheet date and adjusted to reflect the current best estimates. Contingent liabilities are disclosed in the
Motes.

9 Provision for warranty

”he estimated liability for product warranties is recorded when products are sold. These estimates are established using historical information on
the nature, frequency and average cost of warranty claims and management estimates regarding possible future incidence based on corrective
actions on product failures. The timing of outflows will vary as and when warranty daim will arise - being typically upco three years.

.As per the terms of the contracts, the Company provides post-contract services / warranty support to some of its customers. The Company
accounts for the post-contract support / provision for warranty on the basis of the information available with the Management duly taking into
account the current and past technical estimates .

2.26 Hedge accounting

The Company uses foreign currency forward contracts to hedge its risks associated with foreign currency fluctuations relating r> highly probable
forecast transactions. The Company designates such forward contracts in a cash flow hedging relationship by applying the hedge accounting
principles set out in ''Accounting Standard 30 Financial Instruments: Recognition and Measurement''. These forward contracts are stated at fair
value at each reporting date Changes in the fair value of these forward contracts that are designated and effective as hedges of future cash
ffcws are recognised directly in ’Hedging reserve account'' under Reserves and surplus, net of applicable deferred income taxes and the
ineffective portion is recognised immediately in the Statement of Profit and Loss. Amounts accumulated in the Hedging reserve account'' are
reclassified to the Statement of Profit and Loss in the same periods during vtfiich the forecasted transaction affects profit and loss, -ledge
accounting is discontinued when the hedging instrument expires or is sold, terminated, or exercised, or no longer qualifies for hedge accounting.
For forecasted transactions, any cumulative gain or loss on the hedging instrument recognised in Hedging reserve account'' is retained until the
forecasted transaction occurs. If the forecasted transaction is no longer expected to occur, the net cumulative gain or loss recognised in
''Hedging reserve account'' is immediately transferred to the Statement of Profit and Loss.

7 77 Derivative contracts

The Company entened in no derivative contracts in the nature of foreign currency swaps, currency options, forward contracts with an intention to
hedge its existing assets and liabilities, firm comrritments and highly probable transactions. Derivative contracts which are dosely linked to ''he
existing assets and liabilities are accounted as per the policy stated for Foreign Currency Transactions and Translations.

Derivative contracts designated as a hedging instrument for highly probable forecast transactions are accounted as per the policy stated for
Hedge Accounting

All other derivative contracts are marked-to-market and losses are recognised in the Statement of Profit and Loss. Gains arising on the same
are not recognised, until realised, on grounds of prudence.

2.28 Share issues expenses

Share issue expenses and redemption premium are adjusted against the Securities Premium Account as permissible under Section 78(2) of die
Companies Act, 1966. to the extent balance is available for utilisation in the Securities Premium Account The balance of share issue expenses
is carried as an asset and is amortised over a period of 5 years from the date of the issue of shares

2.29 Insurance claims

Insurance claims are accounted for on the basis of claims admitted > expected to be admitted and to the exterx that diene is no uncertainty in
receiving the daims.

2.30 Service tax input credit

2.30 GST/Service Tax /Excise/

Service tax i nput credit¹'' ExdseGST is accounted for in the books in the period in which the underlying service/ goods received is accounted
and when there is no uncertainty in availing / utitsina the credits.

The preparation of the company''s- financial statements requires management to make judgements. estimates anti assumptions flu:
affect the reported ¦¦¦¦¦¦*¦ of revenues. expenses. assets anti liabilities, including lie aocorcpanying disclosures. and die disclosure
of contingent Liabilities Uncertainty about these assumptions ani estimates could result in outcomes dust is .tjjs a material
.1 ii''.Li msur so the carrying amount of assets or Labilities attested tn future periods

JT''DGEIIENTS

In the process of applying the company''s accounting policies, management has made the following judgements. which hare the
mosT significant effect on the amounts recognised m the financial statements:

T" :eiul lines of Property, plant and equipment and Intangible assets

The Company reviews theus-efirl life a; the end of each reporting period. This re-assessment may result in change in depreciation
amortisation e.vpemses in future period.

Contingencies

Contingent liabilities may arise from die ordinary course of business in relation to claims against the Company, including legal
cases, demands from, income tan anthonries authorities, non-submission of C-forms and other claims. By sheer nature, contingencies
will be resolved only when one or mote uncertain ftimre even.3 occin or fail to occur. The assessment of hie emsience. and
potenriaL quantum, of connngencies inherently involves ine enercise of significant judgemem and The use of estimates regarding the
outcome of funtre events.

E5TTUATTS AND ASSUMPTIONS

The hey assumptions concerning the future and other hey sources of estimation uncertainty at the reporting dale, that have a
significant risi of causing a material adjustment to The carrying amoun3 at assets and liabilia.es within the mem financial year, are
described below The company based its assumptions and estimates on parameters available when the financial statements were
prepared. Erristing circumsrances and assumptions about future development!, however, may change due to market changes or
circumstances arising that are beyond the control of tae company. Sochi changes are reflected in the assumptions when they occur.

Defined benefit plans {gratuity benefits)

The present value of the gratuity obligations and leave encashments are determined using actuarial valuations An actuarial
valuation involves making various assumptions that may differ from actual developments in the future These include the
determination of hie discount rate, future salary increases and retirement age. Due to the compLemn.es involved in the valuation and
Its long-term nature. ¦ defined benefir obligation is highly sensitive tn changes m these assumptions. All assumptions are renewed
at each reporting date.

The parameter most snbject to change Is the discount rate. In determining the appropriate discount rase for plans operated m India,
the management consider! the interest rates of government bunds m currencies consistent with the currencies of the post¬
employment benefit obligation. The underlying bonds are further reviewed for quality. Those having tvcessive credit spreads are
euciuded from the analysis of bonds on which the discount rare Ls based, on the basis that they do not represent high quality
coiporatebonds.

The mortality'' rare Is based on publicly available mortality tables far the specific countries Those mortality tables Tend to change
only at interval in response to demographic ohanges. Future salary'' increases and gratuity increases are based on erpected future
inflation rotes for the respective countries.

“unhf details about gratuity obligations are given in Kota IT

Fair value measurement of financial instruments

tVhan the fair values of financial assew and financial liabilities recorded in tie balance sheet cannot be measured based on quoted
prices in active markets, their fair vaLue is measured using valuation Techniques including the DCF model The inpuTS to These
models are taken fon observable marhe3 where possible, but where this is not feasible, a degree of judgement is required in
establishing farr values Judgemen3 include comsideraaons of inputs such as liquidity rish. credit nsi and volatility -Changes in
assumptions about these factors couM affect the reported fair value of financial instrument!. ''See Note 44 and 45 for further
disclosures

Income Tares

The Company'' is subject to income tar; laws as applicable m India. Significant judgment is required m determining provision for
income canes There are many uansactiona and calculations for which the ultimate ta_v determinanon is uncertain during the
ordinary course of business. The Company recognizes liabilities for anticipated tan issues based on estimates of whether additional
tanes will be due Where the final tan outcome of these matters is different from the amounts that were minaUy recorded, such
differences wall impact the income car; and deferred ta.v provisions in tie period in which such deierrmnauon is made.

41 OTHER STATUTORY EVFORMAHOX

i) The Company does mot haw any immovable property whose title deed is not held in name of the company.

The Company has not valued any of its Property.Piant and Equipment (including Right to use Assets) during the year

iii) The company does not haw any Benaini property, where any proceeding has been initiated
or pending against the company for holding any Beoanoi property.

iv) The company has borrowings from the bant or financial institutions on the basis of security of current assets,
the quarctaiy returns or statement of current assets filed with such bante''finaneial institution are reconciled
with the boots of accounts.

vi) The Company is not declared as willful defaulter by any bank or financial institution (as defined under the Companies
Act. 2013) or consortium thereof or other lender in accordance with the guidelines on willful defaulters issued by the
Reserw Bank of India.

vii) The company has not done any tranacrions with companies struck off under section 24S of the companies Act 2013 or
section 160 of companies Act 19i 6.

viii) The Company does mot haw any charges or satisfaction which is vet to be registered with ROC beyond the statutory
period.

u.)

The Company has complied with the number of lasers for its holding in downstream companies prescribed under clause
(S7) of section 2 of the Companies Act. 2013 read with the Companies (Restriction on number of Layers) Rules. 2017.

x)

Company has mot advanced or loaned or invested funds to any other person© or entity(is), including foreign entities
(Intermediaries) with the understanding that the Intermediary shall: (a) directly or indirectly lend or invest in otlieT
persons or entities identified m 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.

si) ........

The Company has not received any fund from any person(s) or enfitvijs). including foreign entities (Funding Party) with
the understanding (whether recorded in writing or otherwise) that the Company shald: (a) directly or indirectly lend or
invest m 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 on behalf of the Ultimate Beneficiaries

xii) The Company does mot haw any transaction which is not recorded in the books of accounts that has been surrendered or
disclosed as income during the war in the tax assessments under the Income Tax Act, 1961 (such as. search or surveyor
any other relevant provisions of the Income Tax Act 1961.

xiii) The Company has mot traded or invested in Crypto currency or Virtual Currency during the financial year.

xiv) The company has not granted any loan & advances in nature of loans to promotors. directorsiiMPs and
related parties . either severally or jointly with any other person, that are

(a) Repayable on demand or

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Mar 31, 2015

1. CORPORATE INFORMATION

The Company is in Publishing activity and carrying manufacturing / trading of books and publishing paper. The company is in process of acquisition of shares of M/s Nova Publications & Printers Private Limited, Dariya ganj, New Delhi up coming printing & publishing house at faridabad.

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Mar 31, 2014

Share Capital

The company is having only one class of equity shares having a par value of Rs. 10.00. The Equity Shares have rights, preferences and restrictions which are in accordance with provisions of law, in particular the Companies Act, 1956.

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Mar 31, 2013

1. CORPORATE INFORMATION

The Company is in Publishing activity and carrying manufacturing / trading of books and publishing paper. The company is in process of acquisition of shares of M/s Nova Publications & Printers Pvt. Ltd., Dariya ganj, New Delhi upcoming printing & publishing house at faridabad.

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Mar 31, 2012

1. CORPORATE INFORMATION

The Company is in Publishing activity and carrying manufacturing / trading of books and publishing paper. The company is in process of acquisition of shares of M/s Nova Publications & Printers Pvt. Ltd., Dariya ganj, New Delhi up coming printing & publishing house at faridabad.

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Mar 31, 2010

1) Nature of operation

To carry on the business as printers and publishers, including newspapers, Books & Journals.

a) Contingent Liabilities. NIL.

b) Estimated amount of contracts remaining to be executed on Capital Account NIL.

c) Directors Remuneration: NIL

d) Debit credit balances are subject to confirmation.

e) None of the employees throughout the financial year was in receipt of remuneration aggregating Rs. 24,00,000/ - and if employed for part of that year at a Rate which in aggregate was Rs.2,00,000/-

f) Previous year figures are re-casted and regrouped wherever necessary to make them comparable.

g) Additional information pursuant to the provisions of paragraph (3) to 4 (D) of part A of schedule VI of the companies Act 1956 together with other notes is given:

(4) Value of Imports N.A.

(5) Expenditure in Foreign Currency. N.A.

(6) Earnings in Foreign Currency N.A.