అకౌంట్స్ గమనికలుIntegra Capital Ltd.

Mar 31, 2025

Every year the Company transfers a of sum of not less than twenty percent of net profit of that year as disclosed in the statement of profit and loss to its Statutory Reserve pursuant to Section 45-IC of the RBI Act, 1934.

The conditions and restrictions for distribution attached to statutory reserves as specified in Section 45-IC(1) in the Reserve Bank of India Act, 1934:

(1) Every non-banking financial company (NBFC) shall create a reserve fund and transfer therein a sum not less than twenty percent of its net profit every year as disclosed in the statement of profit and loss and before any dividend is declared.

(2) No appropriation of any sum from the reserve fund shall be made by the NBFC except for the purpose as may be specified by the RBI from time to time and every such appropriation shall be reported to the RBI within twenty-one days from the date of such withdrawal:

Provided that the RBI may, in any particular case and for sufficient cause being shown, extend the period of twenty one days by such further period as it thinks fit or condone any delay in making such report.

(3) Notwithstanding anything contained in sub-section (1) the Central Government may, on the recommendation of the RBI and having regard to the adequacy of the paid-up capital and reserves of a NBFC in relation to its deposit liabilities, declare by order in writing that the provisions of sub-section (1) shall not be applicable to the NBFC for such period as may be specified in the order:

Provided that no such order shall be made unless the amount in the reserve fund under sub-section (1) together with the amount in the share premium account is not less than the paid-up capital of the NBFC.

Note 16.1A

The balance of Statutory reserve u/s 45-IC of the Reserve Bank of India Act, 1934 has been transferred to retained earnings during the financial year 2024-25 in terms of its notification no. Dor.GIN.REC.95/CGM(JPS)-2022 dated 14.03.2022 as the Company is neither (a) Providing any micro loans; nor (b) it is accepting any public deposits as defined under Non Banking Financial Companies (Accepting Deposits) Direction 2016; and (c) having assets size of less than Rs 100 crore.

Securities premium reserve is used to record the premium on issue of shares. The reserve can be utilised only for limited purposes such as issuance of bonus shares, writing off the preliminary expenses in accordance with the provisions of the Companies Act, 2013.

General reserve is created from time to time by way of transfer of profits from retained earnings for appropriation purposes. General reserve is created by a transfer from one component of other equity to another and is not an item of other comprehensive income. It is a free reserve.

Note 28: Segment Reporting

The Company has only one reportable financial business segment comprised of capital market operations, mutual funds & other investments and consultancy & advisory services. There are no operations outside India.

Note 29: Micro and Small Enterprises

There are micro, small and medium enterprises, to which company owes dues, as at March 31, 2025. This information is required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 that has been determined to the extent such parties have been identified on the basis of information available with the Company.

For the purpose of managing capital, Capital includes issued equity share capital and reserves attributable to the equity holders. The objective of the company''s capital management are to:

- Safeguard their ability to continue as going concern so that they can continue to provide benefits to their shareholders.

- Maximisation the wealth of the shareholder.

- Maintain optimum capital structure to reduce the cost of the capital.

The Company manages its capital structure and makes adjustments in light of changes in economic conditions and requirement of financial covenants. In order to maintain or adjust the capital structure,the Company may adjust the dividend payment to shareholders, return capital to shareholders or issue new shares . The Company monitors capital using a gearing ratio, which is net debt divided by total capital plus net debt. The Company includes within net debt, loans and borrowings , less cash and cash

In order to achieve this overall objective, the Company''s capital management, amongst other things, aims to ensure that it meets financial covenants attached to the loans and borrowings that define capital structure requirements. There have been no breaches in the financial covenants of any loans and borrowing in the current period.

Note 32: Financial Instruments

Refer to financial instruments by category table below for the disclosure on carrying value and fair value of financial assets and liabilities. For financial assets and liabilities maturing within one year from the Balance Sheet date and which are not carried at fair value, the carrying amounts approximate fair value due to the short maturity of these instruments.

Note 33: Financial risk management 33.1 Risk management framework

The Company has established a comprehensive system for risk management and internal controls for all its businesses to manage the risks that it is exposed to. The objective of its risk management framework is to ensure that various risks are identified, measured and mitigated and also that policies, procedures and standards are established to address these risks and

The Company has exposure to the following risk arising from financial instruments:

a) Credit risk

b) Liquidity risk

c) Market risk

The Company has established various policies with respect to such risks which set forth limits, mitigation strategies and internal controls to be implemented by the three lines of defence approach provided below. The Board oversees the Company''s risk management and has constituted a Risk Management Committee ("RMC"), which frames and reviews risk management

The risk management system features a "three lines of defence" approach:

1. The first line of defence comprises its operational departments, which assume primary responsibility for their own risks and operate within the limits stipulated in various policies approved by the Board or by committees constituted by the Board.

2. The second line of defence comprises specialised departments such as risk management and compliance. They employ specialised methods to identify and assess risks faced by the operational departments and provide them with specialised risk management tools and methods, facilitate and monitor the implementation of effective risk management practices, develop monitoring tools for risk management, internal control and compliance, report risk related information and promote the

3. The third line of defence comprises the internal audit department and external audit functions. They monitor and conduct periodic evaluations of the risk management, internal control and compliance activities to ensure the adequacy of risk controls and appropriate risk governance, and provide the Board with comprehensive feedback.

a) Credit risk:

It is risk of financial loss that the Company will incur a loss because its customer or counterparty to financial instruments fails to The Company''s financial assets comprise of Cash and bank balance, Securities for trade, Trade receivables, Loans, Investments and Other financial assets which comprise mainly of deposits and unbilled revenues.

The maximum exposure to credit risk at the reporting date is primarily from Company''s trade receivable.

Trade Receivables: The Company has followed simplified method of ECL in case of Trade receivables and the Company recognises lifetime expected losses for all trade receivables that do not constitute a financing transaction. At each reporting date,

Liquidity risk is defined as the risk that the Company will not be able to settle or meet its obligations on time or at a reasonable price. For the Company, liquidity risk arises from obligations on account of financial liabilities - borrowing, trade payables and other financial liabilities. The Company manages liquidity risk by maintaining adequate cash reserves by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities.

c) Market risk

Market risk arises when movements in market factors (foreign exchange rates, interest rates, credit spreads and equity prices) impact the Company''s income or the market value of its portfolios. The Company, in its course of business, is exposed to market risk due to change in equity prices, interest rates and foreign exchange rates. The objective of market risk management is to maintain an acceptable level of market risk exposure while aiming to maximize returns.

As required by the paragraph 61 of Ind AS 1, Presentation of financial statements, the classification into current and non current of line item of assets and liabilities as in the balance sheet is as under :

All assets and liabilities have been classified as current or non-current as per the Company''s operating cycle and other criteria set out in the Schedule III to the Companies Act, 2013. Based on the nature of products and the time between the acquisition of assets for processing and their realisation in cash and cash equivalents, the Company has ascertained its operating cycle as 12 months for the purpose of current - non-current classification of assets and liabilities.

i) The Company classify an assets as current when,

-It expects to realise the asset, or intends to sell or consume it, in its normal operating cycle;

-It holds the asset primarily for the purpose of trading;

-It expects to realise the asset within twelve months after the reporting period or;

-The asset is cash or a cash equivalents (as defined in Ind AS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period.

All other assets are classified as non current.

ii) The Company classify a liability as current when,

-It expects to settle the liability in its normal operating cycle;

-It holds the liability primarily for the purpose of trading;

-The liability is due to be settled within twelve months after the reporting period or;

-It does not have an unconditional right to defer settlements of the liability for at least twelve months after the reporting period (see paragraph 73). Terms of a liability that could at the option of the counterparty, result in its settlement by the issue of equity instruments do not affects its classification.

Note 37: Fair Value Measurements

The Company undertakes capital market operations in securities listed on stock exchanges in India. These securities being held for trade are measured at fair value through profit & loss. The fair value of these securities have been determined as per quotations available on the respective stock exchanges. The Company has also made investments in mutual funds that are measured at fair value through statement of profit & loss. Their fair value is determined as per the NAV announced by the respective mutual funds on the reporting date.

Note 38: Employee Benefits:

The Employees Provident Fund & Miscellaneous Provision Act, 1952 presently does not apply to the Company. Further, the Company has, as of now, no post employement benefits such as retirement gratuity or other long term employee benefits such as leave encashment. Thus there are no disclosures required to be made as per Ind AS 19, Employee Benefits.

Note 39: Corporate Social Responsibility

As of now, section 135 of the Companies Act, 2013 is not applicable to the Company.

Note 40: Change in the name of the company

Company name has been changed from Integra Capital Management Limited to Integra Capital Limited as on 10th October 2023.

The Following is the additional regulatory information required by clause WB of General Instruction for Preparation of Balance Sheet of Division III of Schedule III of the Companies Act, 2013

i) Title deeds of Immovable Property not held in the name of the Company

The Company does not own any immovable property, hence clause (i) is not applicable.

ii) Revaluation of Investment Property

The Company does not own any Investment property, hence clause (ii) is not applicable.

iii) Revaluation of Property, Plant & Equipment

The Company has not revalued property, plant and equipment hence clause (iii) is not applicable.

iv) Revaluation of Intangible Assets

The Company does not own any Intangible Assets, hence clause (iv) is not applicable.

v) Loans or Advances

The Company has not granted any loans or advances to promoters, directors, KMPs and the related parties (as defined underr the Companies Act 2013), hence clause (v) is not applicable.

vi) Capital Work-in-Progress (CWIP) ageing schedule/ completion schedule

The Company does not have any Capital Work-in-Progress, hence clause (vi) is not applicable.

vii) Intangible assets under development ageing schedule/ completion schedule

The Company does not have any Intangible assets under development, hence clause (vii) is not applicable.

viii) Details of Benami Property held

No proceedings have been initiated or pending against the company under the Benami Transactions (Prohibition) Act,1988.

ix) Security of current assets against borrowings

The Company has not borrowed any amount from any bank or financial institution, hence clause (ix) not applicable.

x) Wilful Defaulter

The company has not been declared as a wilful defaulter by any bank or financial institution or any other lender.

xi) Relationship with Struck off Companies

The Company has no payables which are strike off by Ministry of Corporate Affairs

xii) Registration of charges or satisfaction with Registrar of Companies (ROC)

There is no charges or satisfaction need to be registered with ROC beyond the statutory period.

xiii) Compliance with number of layers of companies

The provisions of clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017 are not applicable to the company as per Section 2(45) of the Companies Act,2013.

xv) Compliance with approved Scheme(s) of Arrangements

No scheme of Arrangements has been approved by competent authority in terms of sections 230 to 237 of the Companies Act,2013 in respect of the Company.

xvi) Utilisation of Borrowed funds and share premium

The company has not provided nor taken any loan or advance to/from any other person or entity with the understanding that benefit of the transaction will go to a third party, the ultimate beneficiary.

Note 42: Additional Information i) Depreciation, amortization and impairement

Carrying value of Property, plant and equipment is at residual value hence no depreciation is charged Compnay does not owned any immovable property, hence no amortization is charged For impairement on financial instruments refer Note no. 20

iii) Disclosure in relation to undisclosed income

The Company records all the transaction in the books of accounts properly and has no undisclosed income during the year or in previous years in the tax assessments under the Income Tax Act, 1961.

iv) Details of Crypto currency or Virtual currency

The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

Integra Capital Limited (Formerly known as Integra Capital Management Limited)

CIN:L74899DL1990PLC040042

Notes to financial statement as at and for the year ended March 31, 2025 (All amounts in thousands of INR, unless otherwise stated)

Note 43: Other Information

There is no other information that is required to be disclosed as per provisions and /or regulation of Companies Act, 2013, Reserve Bank of India Act, 1934 and Companies (Indian Accounting Statndards) Rules 2015.

Note 43: Approval of financial statements

The financial statements for the year ended March 31, 2025 were approved by the Board of Directors on 19th April 2025.

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Mar 31, 2024

2.12 Provisions, contingent liabilities and contingent assets

A provision is recognized if, as a result of a past event, the Company has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic
benefits will be required to settle the obligation. If the effect of the time value of money is material, provisions are determined by discounting the expected future cash flows at a pre-tax rate
that reflects current market assessments of the time value of money and the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is
recognized as a finance costs.

The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at reporting date, taking into account the risks and uncertainties
surrounding the obligation.

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, the receivable is recognized as an asset if it is virtually certain that
reimbursement will be received and the amount of the receivable can be measured reliably. The expense relating to a provision is presented in the statement of profit and loss net of any
reimbursement.

Contingent liabilities are possible obligations that arise from past events and whose existence will only be confirmed by the occurrence or non-occurrence of one or more future events not
wholly within the control of the Company. Where it is not probable that an outflow of economic benefits will be required, or the amount cannot be estimated reliably, the obligation is
disclosed as a contingent liability, unless the probability ofoutflow ofeconomic benefits is remote. Contingent liabilities are disclosed on the basis of judgment ofthe management/independent
experts. These are reviewed at each balance sheet date and are adiusted to reflect the current management estimate.

Contingent assets are possible assets that arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not
wholly within the control of the Company. Contingent assets are disclosed in the financial statements when inflow of economic benefits is probable on the basis of judgment of management.
These are assessed continually to ensure that developments are appropriately reflected in the financial statements.

2.13 Impairment of non-financial assets

The carrying amounts of the Company''s non-financial assets are reviewed at each reporting date to determine whether there is any indication of impairment considering the provisions of Ind
AS 36 ''Impairment of Assets''. If any such indication exists, then the asset''s recoverable amount is estimated.

The recoverable amount ofan asset or cash-generating unit is the higher of its fair value less costs to disposal and its value in use. In assessing value in use, the estimated future cash flows are
discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. For the purpose of
impairment testing, assets that cannot be tested individually are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely
independent of the cash inflows of other assets or groups of assets (the “cash-generating unit", or "CGU").

An impairment loss is recognized if the carrying amount of an asset or its CGU exceeds its estimated recoverable amount. Impairment losses are recognized in profit or loss. Impairment losses
recognized in respect of CGUs are reduced from the carrying amounts of the assets of the CGU.

Impairment losses recognized in prior periods are assessed ateach reporting date for any indications that the loss has decreased or no longer exists. An impairment loss is reversed if there has
been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset''s carrying amount does not exceed the carrying
amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized.

2.14 Leases

At inception of a contract, the Company assesses whether a contract is, or contains a lease. A contract is, or contains a lease if the contract conveys the right to control the use of an identified
asset for a period oftime in exchange for consideration. To assess whether a contract conveys the right to control the use ofan identified asset, the Company uses the definition ofa lease in Ind
AS 116.

Company As a lessee:

At commencement or on modification of a contract that contains a lease component, the Company allocates the consideration in the contract to each lease component on the basis of its
relative standalone prices. However, for leases of property, the Company has elected not to separate non - lease components and account for the lease and non - lease components as a single
lease component.

The Company recognizes a right - of - use asset and a lease liability at the lease commencement date. The right- of - use asset is initially measured at cost, which comprises the initial amount
of the lease liability adjusted for any lease payments made at or before the commencement date plus any initial direct costs incurred and an estimate of costs to dismantle and remove the
underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received.

The right- of - use asset is subsequently depreciated using the straight - line method from the commencement date to the end of the lease term, unless the lease transfers ownership of the
underlying asset to the Company by the end ofthe lease term or the cost ofthe right - of - use asset reflects that the Company will exercise a purchase option. In that case the right - of - use
asset will be depreciated over the useful life of the underlying asset, which is determined on the same basis as those of property and equipment. In addition, the right - of - use asset is
periodically reduced by impairment losses, if any, and adjusted for certain re-measurements of the lease liability.

The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that
rate cannot be readily determined, the Company''s incremental borrowing rate as the discount rate.

The Company determines its incremental borrowing rate by obtaining interest rates from various external financing sources and makes certain adjustments to reflect the terms ofthe lease and
type of the asset leased.

Lease payment included in the measurement of lease liability comprises the following:

• Fixed payments, including in - substance fixed payments;

• Variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date;

• Amounts expected to be payable under a residual value guarantee; and

• The exercise price under a purchase option that the Company is reasonably certain to exercise, lease payments in an optional renewal period if the Company is reasonably certain to
exercise an extension option, and penalties for early termination of a lease unless the Company is reasonably certain not to terminate early.

The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate,
if there is a change in the Company''s estimate of the amount expected to be payable under a residual value guarantee, if the Company changes its assessment of whether it wil exercise a
purchase, extension or termination option or if there is a revised in - substance fixed lease payment.

When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of- use asset, or is recorded in profit or loss ifthe carryingamount
of the right - of - use asset has been reduced to zero.

The Company presents right - of - use assets that do not meet the definition of investment property in ''property, plant and equipment'' and lease liabilities under the head non - current
''borrowings''.

Short - term leases and leases of low value assets

The Company has elected not to recognize right - of - use assets and lease liabilities for leases of low - value assets and short - term leases. The Company recognizes the lease payments
associated with these leases as an expense on a straight - line basis over the lease term.

Company as a lessor

A lessor is an entity that provides the right to use an underlying asset for a period of time in exchange for a consideration. The Company, in cases, where it is a lessor, classify each of its leases as
either a finance lease oran operating lease. A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to the ownership ofan underlying asset. A lease
is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to the ownership of an underlying asset.

Finance lease:

At the commencement date of the lease, the Company recognizes assets held under a finance lease in its balance sheet and present them as a receivable at an amount equal to the net
investment in the lease. Thereafter, the Company recognizes finance income over the lease term, based on a pattern reflecting a constant periodic rate of return on the lessor''s net investment
in the lease.

Operating lease:

The Company recognizes lease payments from operating leases as income either on a straight-line bass or another systematic basis if that systematic basis is more representative of the pattern
in which benefit from the use of the underlying asset is diminished.

2.15 Dividends

Dividends and interim dividends payable to the Company''s shareholders are recognized as changes in equity in the period in which they are approved by the shareholders'' meeting and the
Board of Directors respectively.

2.16 Material Prior Period Errors

Material prior period errors are corrected retrospectively by restating the comparative amounts for the prior periods presented in which the error occurred. Ifthe error occurred before the
earliest period presented, the opening balances of assets, liabilities and equity for the earliest period presented, are restated.

2.17 Earnings per share

Basic earnings per equity share is computed by dividing the net profit or loss attributable to equity shareholders of the Company by the weighted average number of equity shares outstanding
during the financial year.

Diluted earnings per equity share is computed by dividing the net profit or loss attributable to equity shareholders of the Company by the weighted average number of equity shares considered
for deriving basic earnings per equity share and also the weighted average number of equity shares that could have been issued upon conversion of all dilutive potential equity shares.

2.18 Statement of Cash Flows

Statement of cash flows is prepared in accordance with the indirect method prescribed in Ind AS 7 ''Statement of cash flows''.

2.19 Operating Segments

The Managing Director (MD) of the Company has been identified as the Chief Operating Decision Maker (CODM) as defined by Ind AS 108, “Operating Segments".

The Company has identified ''Investments'' as its sole reporting segment

2.20 Financial Instruments

A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

2.20.1. Financial Assets

Initial recognition and measurement

All financial assets are recognized initially at fair value plus, in the case of financial assets not recorded at fair value through profit or loss, transaction costs that are attributable to the
acquisition or issue of the financial asset.

Subsequent measurement

Debt instruments at amortized cost

A ''debt instrument'' is measured at the amortized cost if both the following conditions are met:

(a) The asset is held within a business model whose objective is to hold assets for collecting contractual cash flows, and

(b) Contractual terms of the asset give rise on specified dates to cash flows that are solely payments of principal and interest (SPPI) on the principal amount outstanding.

After initial measurement, such financial assets are subsequently measured at amortized cost using the EIR method. Amortized cost is calculated by taking into account any discount or premium
on acquisition and fees or costs that are an integral part of the EIR. The EIR amortization is included in finance income in the profit or loss. The losses arising from impairmentare recognized in
the profit or loss. This category generally applies to trade and other receivables.

Debt instrument at Fair value through Other Comprehensive Income (FVTOCI)

A ''debt instrument'' is classified as at the FVTOCI if both of the following criteria are met:

(a) The objective of the business model is achieved both by collecting contractual cash flows and selling the financial assets, and

(b) The asset''s contractual cash flows represent SPPI

Debt instruments included within the FVTOCI category are measured initially as well as at each reporting date at fair value. Fair value movements are recognized in the OCI. However, the
Company recognizes interest income, impairment losses & reversals and foreign exchange gain or loss in the profit and loss. On derecognition of the asset, cumulative gain or loss previously
recognized in OCI is reclassified from the equity to profit and loss.

Debt instrument at Fair value through profit or loss (FVTPL)

FVTPL is a residual category for debt instruments. Any debt instrument, which does not meet the criteria for categorization as at amortized cost or as FVTOCI, is classified as at FVTPL.

Inaddition,the Companymay elect to classify a debt instrument, which otherwise meetsamortizedcost or FVTOCIcriteria, asat FVTPL. However, such election is allowed only if doing so
reduces or eliminates a measurement or recognition inconsistency (referred to as ''accounting mismatch''). Debt instruments included within the FVTPL category are measured at fair value
with all changes recognized in the profit and loss.

Securities held for trade

Securities held for trade are measured at fair value through statement of profit & loss.

Equity investments

All equity investments in entities other than subsidiaries and joint venture companies are measured at fair value. Equity instruments which are held for trading are classified as at FVTPL. For all
other equity instruments, the Company decides to classify the same either as at FVTOCI or FVTPL. The Company makes such election on an instrument by instrument basis. The classification is
made on initial recognition and is irrevocable. The Company has decided to classify its investments into equity shares of IRCON International Limited through FVTOCI.

If the Company decides to classify an equity instrument as at FVTOCI, then all fair value changes on the instrument, excluding dividends, are recognized in the OCI. There is no recycling of the
amounts from OCI to statement of profit and loss, even on sale of investment. However, the Company may transfer the cumulative gain or loss within equity.

Equity instruments included within the FVTPL category are measured at fair value with all changes recognized in the profit and loss.

De-recognition

A financial asset (or, where applicable, a part of a financial asset or part of a Company of similar financial assets) is primarily derecognized (i.e. removed from the Company''s balance sheet)
when:

(a) The rights to receive cash flows from the asset have expired, or

(b) The Company has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a
''pass-through'' arrangement; and either (a) the Company has transferred substantially all the risks and rewards of the asset, or (b) the Company has neither transferred nor retained
substantially all the risks and rewards of the asset, but has transferred control of the asset.

Impairment of financial assets

In accordance with Ind AS 109, the Company applies expected credit loss (ECL) model for measurement and recognition of impairment loss on the following financial assets and credit risk
exposure:

(a) Financial assets that are debt instruments, and are measured at amortized cost e.g., loans, debt securities, deposits and bank balance.

(b) Financial assets that are debt instruments and are measured as at FVTOCI.

(c ) Lease receivables under Ind AS 17.

(d) Loan commitments which are not measured as at FVTPL.

(e ) Financial guarantee contracts which are not measured as at FVTPL.

For recognition of impairment loss on other financial assets and risk exposure, the Company determines that whether there has been a Material increase in the credit risk since initial
recognition. If credit risk has not increased Materially, 12 month ECL is used to provide for impairment loss. However, if credit risk has increased Materially, lifetime ECL is used. If, in a
subsequent period, credit quality of the instrument improves such that there is no longer a Material increase in credit risk since initial recognition, then the entity reverts to recognizing
impairment loss allowance based on 12 month ECL.

2.20.2.Financial liabilities

Initial recognition and measurement

Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss, borrowings, payables, or as derivatives designated as hedging instruments in an
effective hedge, as appropriate. All financial liabilities are recognized initially at fair value and, in the case of borrowings and payables, net of directly attributable transaction costs. The
Company''s financial liabilities include trade and other payables, borrowings including bank overdrafts, financial guarantee contracts and derivative financial instruments.

Subsequent measurement

The measurement of financial liabilities depends on their classification, as described below:

Financial liabilities at amortized cost

After initial measurement, such financial liabilities are subsequently measured at amortized cost using the EIR method. Gains and losses are recognized in profit or loss when the liabilities are
derecognized as well as through the EIR amortization process Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral
part of the EIR. The EIR amortization is included in finance costs in the profit or loss. This category generally applies to borrowings, trade payables and other contractual liabilities.

Financial liabilities at fair value through profit or loss

Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss.

Financial liabilities are classified as held for trading ifthey are incurred for the purpose of repurchasing in the near term. This category also includes derivative financial instruments entered into

by the Company that are not designated as hedging instruments in hedge relationships as defined by Ind AS 109. Separated embedded derivatives are also classified as held for trading unless
they are designated as effective hedging instruments.

Gains or losses on liabilities held for trading are recognized in the statement of profit and loss.

Financial liabilities designated upon initial recognition at fair value through profit or loss are designated at the initial date of recognition, and only if the criteria in Ind AS 109 are satisfied. For

liabilities designated as FVTPL, fair value gains/losses attributable to changes in own credit risks are recognized in OCI. These gains/losses are not subsequently transferred to profit and loss.
However, the Company may transfer the cumulative gain or loss within equity. All other changes in fairvalue ofsuch liability are recognized in the statement of profit and loss. The Company has
not designated any financial liability as at fair value through profit and loss.

De-recognition

A financial liability is derecognized when the obligation under the liability is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on
substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the
recognition of a new liability. The difference in the respective carrying amounts is recognized in the statement of profit and loss.

Derivative financial instruments

Initial recognition and subsequent measurement

The Company uses derivative financial instruments, such as forward currency contracts, cross currency swaps and interest rate swaps to hedge its foreign currency risks and interest rate risks of
foreign currency loans. Such derivative financial instruments are initially recognized at fairvalue on the date on which a derivative contract is entered into and are subsequently re-measured at
fair value. Derivatives are carried as financial assets when the fair value is positive and as financial liabilities when the fair value is negative. Any gains or losses arising from changes in the fair
value of derivatives are taken to statement of profit and loss. Where the derivative is designated as a hedging instrument, the accounting for subsequent changes in fair value depends on the
nature of item being hedged and the type of hedge relationship designated. Where the difference is a pass through the lessee, the amount is received/ reimbursed to the lessee.

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Mar 31, 2015

1. Terms/Rights attached to Equity Shares :

The Company has one class of equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share held and dividend proposed by the Board of Directors subject to the approval of the share holders in the Annual General Meeting. In the event of liquidation, the equity share holders are eligible to receive the remaining assets of the Company, after distribution of the preferential amounts, in proportion to their shareholding.

2. Terms/Rights attached to Preference Shares :

Preference Shares carry a preferential right in respect of dividends to be paid at fixed rate as may be decided at the the time of their issue by the Board of Directors of the Company. Further, will carry a preferential right to be repaid at the time of repayment of capital in prooportion to their shareholding. Preference shareholders will have voting right in respect of their rights only. At present, the Company has no issued capital under this category.

3. Contigent Liability in respect of pending legal matter:

Amount to be determined by the Hon'ble High Court against the Bank Draf of Rs. 7,87,436/- sent by the Company to the HFC, but not accepted by them.

4. Miscellaneous Receipts :

Includes receipts against past recoveries/settlement/s.

5. Deferred Tax Asset :

In view of past losses, no provision for deferred taxes asset has been made due to concept of prudence.

6. Earning per Share :

Rs. 0.48 per share [31.03.2014 : Rs. (0.01) per share]

* The Net Profit/Loss for the year ended 31.03.2015 has been used as the numerator in calculating basic and diluted earnings per share.

* The Company does not have any potential equity shares, and therefore the denominator used in calulating basic and diluted earnings per share is 47,02,800.

7. Deviation of figures for the year ended 31.03.2015 from the combined quarterly results (provisional) for the same period is due to finalization of transactions/commitments relating to the year under reference after close of the year.

8. No amount was due by the Company, as on 31st March, 2015, to any micro, small and medium enterprise.

9. General :

1. Previous year's figures have been regrouped/rearranged, wherever considered necessary, to facilitate comparision.

2. A sum of Rs. 74,367/- (seventy four thousand three hundred sixty seven) only was debited to the Profit & Loss Account in the year ended 31st March, 2013 on account of payment of interest to the HFC; but the same has been reversed during the current financial year in the Profit & Loss Account.

Contingent Liability of the HFC has been shown in Notes to Accounts (refernote no. 17)

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Mar 31, 2014

Note No. 1 : Details of exceptional and extra-ordinary nature : Rs. Nil (27,80,416/-) represents the assets considered of no value, hence discarded/written off.

Note No. 2 : Segment Reporting:

The Company has only one reportable financial business segmeat comprised of capital market operations, mutual funds & other investments and consultancy & advisory services.

Note No. 3: Miscellaneous Receipts:

Includes receipts against past recoveries/settlement/s.

Note No. 4 : Deferred Tax Asset:

In view of past losses, no provision for deferred taxes asset has been made due to concept of prudence.

Note No. 5: Earning per Share :

Rs. (0.01) per share [31.03.2013 : Rs. (1.19) per share]

The Net Profit/Loss for the year ended 31.03.2014 has been used as the numerator in calculating basic and diluted earnings per share.

The Company does not have any potential equity shares, and therefore the denominator used in calulating basic and diluted earnings per share is 47,02,800.

Note No. 6 : Deviation of figures for the year ended 31.03.2014 from the combined quarterly results (provisional) for the same period is due to finalization of transactions/commitments relating to the year under reference after close of the year.

Note No. 7 : No amount was due by the Company, as on 31st March, 2014, to any micro, small and medium enterprise.

Note No. 8: General :

Previous year''s figures have been regrouped/rearranged, wherever considered necessary, to facilitate comparision.

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Mar 31, 2013

Note No. 1: Details of exceptional and extra-ordinary nature : Rs. 27,80,416/- represents the assets considered of no value, hence discarded/written off.

Note No. 2 : Segment Reporting :

The Company has only one reportable financial business segment comprised of capital market operations, mutual funds & other investments and consultancy & advisory services.

Note No. 3 : Miscellaneous Receipts :

Includes receipts against past recoveries/settlement/s.

Note No 4 : Deferred Tax Asset:

In view of past losses, no provision for deferred taxes asset has been made due to concept of prudence.

Note No.5 : Earning per Share ;

Rs. (1.19) per share [31.03.2012 : Rs. (0.62) per share]

- The Net Profit/Loss for the year ended 31.03.2013 has been used as the numerator in calculating basic and diluted earnings per share.

- The Company does not have any potential equity shares, and therefore the denominater used in calulating basic and diluted earnings per share is 47,02,800.

Note No. 6 : Deviation of figures for the year ended 31.03.2013 from the combined quarterly results (provisional) for the same period is due to finalization of transactions/commitments relating to the year under reference after close of the year.

Note No. 7 : No amount was due by the Company, as on 31st March, 2013, to any micro, small and medium enterprise.

Note No. 8 : General:

- Previous year''s figures have been regrouped/rearranged, wherever considered necessary, to facilitate comparision.

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Mar 31, 2012

Terms/Rights attached to Equity Shares.

The Company has one class of equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share held and dividend proposed by the Board of Directors subject to the approval of the share holders in the Annual General Meeting. In the event of liquidation, the equity share holders are eligible to receive the remaining assets of the Company, after distribution of the preferential amounts, in proportion to their shareholding.

Terms/Rights attached to Preference Shares:

Preference Shares carry a preferential right in respect of dividends to be paid at fixed rate as may be decided at the the time of their issue by the Board of Directors of the Company. Further, will carry a preferential right to be repaid at the time of repayment of capital in proportion to their shareholding. Preference shareholders will have voting right in respect of their rights only. At present, the Company has no issued capital under this category.

Note No. 1: Details of exceptional and extra-ordinary nature :

(a) Rs. 6,00,000/- Receivable written off.

(b) Rs. 9,002/- Tax of earlier years.

Note No. 2 : Contingent Liability Not Provided for:

In respect of the claim/s against the Company not acknowledged as debts/s (for which proceedings pending in High Court) - Rs. 17,30,000/-.

Note No. 3: Segment Reporting :

The Company has only one reportable financial business segment comprised of capital market operations, mutual funds & other investments and consultancy & advisory services.

Note No. 4: Miscellaneous Receipts:

Includes receipts against past recoveries/settlement/s.

Note No. 5: Deferred Tax Asset:

In view of past losses, no provision for deferred taxes asset has been made due to concept of prudence.

Note No. 6: Earning per Share:

Rs. (0.62) per share [31.03.2011 : Rs. 0.02 per share]

- The Net Profit/Loss for the year ended 31.03.2012 has been used as the numerator in calculating basic and diluted earnings per share.

- The Company does not have any potential equity shares, and therefore the denominator used in calculating basic and diluted earnings per share is 47,02,800.

Note No. 7 : Deviation of figures for the year ended 31.03.2012 from the combined quarterly results (provisional) for the same period is due to finalization of transactions/commitments relating to the year under reference after close of the year.

Note No. 8: No amount was due by the Company, as on 31st March, 2012, to any micro, small and medium enterprise.

Note No. 9: General:

- Previous year's figures have been regrouped/rearranged, wherever considered necessary, to facilitate comparison.

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Mar 31, 2010

1. INVESTMENTS

All scrips are held in the name of the Company.

2. Quantitative information in respect of capital market operations .

3. Related Party Disclosures

Information relating to transactions with Integra Securities Limited (an associate Company where control exists) for the year ended 31st March, 2010 :

4. Contingent Liability Not Provided for:

In respect of the claim/s against the Company not aknowledged as debts/s (for which proceedings pending in High Court) -Rs. 17,30,000/-.

5. Segment Reporting :

The Company has only one reportable financial business segment comprised of capital market operations, mutual funds & other investments and consultancy & advisory services.

6. Miscellaneous Receipts : Includes receipts against past recoveries/settlement/s.

7. Deductions from "Gross Block" in Schedule 4 - Fixed Assets represents sale of fixed assets to the director/s and relative/s, resulting in surplus to the Company of Rs. 16,65,292/-, shown in "schedule 8 : other income".

8. Deferred Tax Asset:

In view of past losses, no provision for deferred taxes asset has been made due to concept of prudence.

9. Earning per Share : Rs. 0.75 per share [31.03.2009 : Rs. (3.49) per share]

- The Net PrdTif for the year ended 31.03.2010 has been used as the numerator in calculating basic and diluted earnings per share.

- The Company does not have any potential equity shares, and therefore the denominater used in calulating basic and diluted earnings per share is 47,02,800.

10. Deviation of figures for year ended 31.03.2010 from the combined quarterly results (provisional) for the same period is due to finalisation of transactions/commitments relating to the year under reference after close of the year.

11. No amount was due by the Company, as on 31st March 2010, to any micro, small and medium enterprise.

12. General :

- Previous years figures have been regrouped/rearranged, wherever considered necessary, to facilitate comparision.

- Expenses under the head "Insurance Business Expenses" includes expenses incurred for the business of insurance of the ICICI Prudential Life Insurance Company Limited, conducted for part of the current year.