అకౌంట్స్ గమనికలుFruition Venture Ltd.

Mar 31, 2025

The future realisation of deferred tax assets depends on the expectation of sufficient taxable profit of the appropriate type (trading profit or capital gain) being available for the offset of deductible temporary differences or unused tax losses. There is a significant increase in amount of Deferred Tax Asset due to the volatility in Equity Market due to Covid-19 leading to fall in Fair Market Value of Investment

MAT Credit Entitlement is allowed to be carried forward for next 15 years and this credit shall be allowed set-off in a year when tax becomes payable on the total income computed in accordance with the provisions of the Income Tax Act,1961 other than section 115JB.

No Estimates are made in Valuation of Financial Assets on Fair Value. There are no financial Liabilities to be recognised in the Financial Statements

Note 27 Financial Risk Management

In the ordinary course of business, the Company is exposed to a different extent to a variety of financial risks: Market Fluctuations, Interest rate risk, Government Policies, liquidity risk, and price risk. In order to minimize any adverse effects on the financial performance of the group, Short Term 8g Long-Term Deposits, Short Term 85 Long Term Advances are Kept with the Bank and other parties with fixed rate of Interest.

Note 28 Capital Management

The Company manages its capital to ensure that the Company entities will be able to continue as a going concern while maximizing the return to the equity holders through optimization of the debt to equity balance. The management of the Company reviews the capital structure on a regular basis. Based on the results of this review, the Company takes steps to balance its overall capital structure through repayments of existing debt liabilities.

Consistent with others in the industry, the group monitors capital on the basis of the optimum gearing ratio of Net debt (comprising total borrowings net of cash 85 cash equivalents and current investment) in proportion to Total Equity.

Note 29 Disclosures under Indian Accounting Standard 108 - Operating Segment

Note There is only one Business segment'' and ''Geographical segment''

Note 32(g) Corporate Social Responsibility (CSR)

The company is not covered under section 135 of the Companies Act,2013, hence disclosure under this clause is not required

a) Amount required to be spent by the company during the year, -NA

b) Amount of expenditure incurred during the year, -NA

c) Shortfall at the end of the year, NA

d) Total of previous years shortfall, -NA

e) Reason for shortfall, -NA

f) Nature of CSR activities, -NA

g) Details of related party transactions e.g., contribution to a trust controlled by the company in relation to CSR expenditure as per relevant accounting standard-NA

h) where a provision is made with respect to a liability incurred by entring into a contractual obligation, the movement in the provision during the year should be shown separately. -NA

Note 32(h) Additional Regulatory Information

(i) The Company has not revalued its Property, Plant and Equipment during the year.

(ii) During the year, the company has not granted Loans or Advances in the nature of loans to promoters, directors, KMPs and related parties (as defined under Companies Act, 2013), either severally or jointly with any other person.

(iii) The Company has not been declared wilful defaulter by any bank or financial institution or other lender or government or any government authority.

(iv) The company has no transactions or outstanding balance (payable or receivable) with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

(v) The Company does not have any benami property held in its name. 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.

(vi) The Company has complied with the requirement with respect to number of layers as prescribed under section 2(87) of the Companies Act, 2013 read with the Companies (Restriction on number of layers) Rules, 2017.

(vii) Utilisation of borrowed funds and share premium.

I. The Company has not advanced or loaned or invested funds 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

II. The Company has 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 on behalf of the ultimate beneficiaries.

(viii) There is no income surrendered or disclosed as income during the year in tax assessments under the Income Tax Act, 1961 (such as search or survey), that has not been recorded in the books of account.

(ix) The Company has not traded or invested in crypto currency or virtual currency during the year.

(x) The Company does not have any charges or satisfaction of charges which is yet to be registered with Registrar of Companies beyond the statutory period.

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Mar 31, 2024

2.13 Provisions.

Provisions'' are recdgfitsed when ine company has a present legal nr constructive obligation as a result of past events, it is
jjmbaOlG that an outflow cf resources will be roouiretl tD settle the obligation and the amount can be reliably estimated.
These are reviewed at each balance sheet date and adjusted tc reflect the current best estimates.

Provisions in the nature of tong ierm are messy red ni the present value of management''s best estimate of the expenditure
required to settle the present obligation aL the end of the reporting period The discount rate used 10 determine the
present value is a pre-tax race that reflects currer-t .market assessments of the time value of money and the risks specific to
the lisb lity The increase in the provision due wnp passage r.r rime is recognised as interest expense.

1.14 Employee Benefits

All employee benefits payable within twelve mwfhs of pandering the serVfct are classified as short term employee benefits,
benefits such as salaries, wages etc. anc rhe expected tost of bonus, cxgratia, incentives are recognized in the period during
which the employee renders the related service

1.15 Revenue Recognition

Revenue h? measured a'' the fair value of :hc -consideration received or receivable.

Sale of Stock

Ttis Company reccgn :es revenue from sare of stock when Ihe amount of revenue esn be reliably measured. t is ? rod a tie
IllHi future econurr, t: benefits will flow to the entily and S-gnifleant r sks and rewards of OWne-rsh.p have hf-eri transferred to
the customer

Further revenue from Sales is based on the price specified in the sales contracts. Accumulated experience is Used to
estimate and provide for tbs discounts snd returns.

1.16 Finance Income

Finance income comprises interest receivable on turds nvested. dividend income, foreign exchange gams cmd losses
interest nconm is recognized in the Income ststem-en! as it accrues, taki-ng nto arcounr the effective yield on the asset
DMdendl Income Is recognized In Lhe Income sta temon r o 111 he d a te the en idly¹ s right to receive payments Is esiebh shed

1.17 ClatmsandBeneflts

Claims receivable is accounts? on accrual basis to the extent considered receive tie.

1,IB Incamp lanes

rrvs lltiajme tan expense is the ten payable an the current period''s taxable Incame based on Hit- applicable income tax rate
ad]cited by changes in deferred tax assets and hEb lities attr butgfcleto temporary cifferei ccsar d to unused t,?x losses,

1.19 borrowing Costs

General and specific borrowing costs that are directly BtS.nbu cable to the acquisition, construction or production of a
qualifying asset are capitalised during the perotf of time that is required to complete ^nd prepare the asset for its intended
j it Or sal e, Cuafi Fyl ng asse ts a re assets that -necassa -i y lake S SiJ bsta r-tlal pt; rlod O? tl rne iC get re ady fo r L hair in Ie n ded use
or salo, Invest moat income earned on the temporary Investment of specific borrowngs pending choir expand Cure on
qualifying assets is deducted from, the borrowing costs e, giblefcr capitalisation,

Other borrowng costs are expensed In Lhe period in wblcii they are -ncurrec?

1.20 Contingent Liability

Contingent Liabilities., il motorist, arc disclosed by way of notes.

1.21 Previous Year Figures

Previous ye3r figures have been regrouped and reclassified to make them comparable with the Cttftfent year figures.

L12 Mai Adjustment

FxtE-ss StM T Credit a s pa r tan ta iculal urs has been recon »n iss? as (VIA r Cred It Assets and aten rdi ngly ad] usted i n t he fi n a htia I
statement.

All the Financial Assets held as Inventory or Investment are in Quoted Equity Shares. The Carrying amount
indicates the cost incurred for purchasing the Financial Assets entered in the Books of Accounts, The Fair Value
indicates the amount that is easily realisable if sold in the open market as on date, based on the market value
of the shares available.

Nn Estimates are made in Valuation of Financial Assets on Fa ir Value, There are no financial Liabilities to be
recognised in the Financial Statements

Note 27 Financial Risk Management

In the ordinary course of business, ihe Company is exposed to a different extent to a variety of financial risks: Market
Fluctuations, Interest rate risk, Government Policies, liquidity risk, and price risk , In order to minimize any adverse
effects on the financial performance of the group, Short Term & Long Term Deposits, Short erm & Long Term
Advances are Kept with the Bank and other parties with fixed rate of Interest.

Note 28 Capital Management

The Company manages its capital to ensure that the Company entities will be able to continue as a gorng concern
while maximizing the return to the equity holders through optimization of the debt to equity balance ‘I he
imanagement of the Company reviews the capital structure on a regular basis. Based on the results of this review, the
Company takes steps to balance its overall capital structure through repayments of existing debt liabilities.

Consistent with others in the industry, the group monitors capita) on the basis of the optimum gearing ratio of Net
debt (comprising total borrowings net of cash R cash equivalents and current investment) m proportion to 1otal
Equity.

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Mar 31, 2015

1 Corporate information

Company was originally incorporated on 5th May 1994 under registrar of companies, National Capital Territory of Delhi and Haryana as ORCAP SECURITIES LIMITED, subsequently on 1st May 2002 the name of company changed as INDO WEBSEC LIMITED, further on 27th Sep 2012 the name of said company was changed as FRUITION VENTURE LIMITED.

Company have its registered office at 21-A, 3rd Floor Savitri Bhawan, Commercial Complex, Mukharji Nagar, New Delhi, India -110009. Company are engaged in the business of shares stock, securities, finance broker and trading of computer, computer parts and all kind of fabrics.

Company has been enlisted on Bombay Stock Exchange with effect from 30.07.2014

The company has discontinued the business of trading of computer, computer parts and all kind of fabrics from the Financial Year 2014-15.

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Mar 31, 2014

1. Corporate information

Company was originally incorporated on 5th May 1994 under registrar of companies, National Capital Territory of Delhi and Haryana as ORCAP SECURITIES LIMITED, subsequently on 1st May 2002 the name of company changed as INDO WEBSEC LIMITED, further on 27th Sep 2012 the name of said company was changed as FRUITION VENTURE LIMITED.

Company have its registered office at 21-A, 3rd Floor Savitri Bhawan, Commercial Complex, Mukharji Nagar, New Delhi, India -110009. Company are engaged in the business of shares stock, securities, finance broker and trading of computer, computer parts and all kind of fabrics.

2. Note:- The Company has only one class of equity shares having a par value of Rs. 10 each, Each shareholder of equity shares is entitled to one vote per share. In the event of liquidation of the company, the holders of equity shares will be entitled to receive the remaining assets of the company, after distribution of all prefrential amounts. The distribution will be in the proportion to the number of equity shares held by the shareholders.

During the Financial Year 2013-14, the company has made allotment of 8,50,000 Equity Shares of Rs. 10 each on prefrential allotment basis at par i.e the company has alloted 3,50,000 equity shares to Progressive Finlease Limited (Non Promoter) and 5,00,000 equity shares to Mansukh Securities & Finance Limited (Non Promoter).