అకౌంట్స్ గమనికలుMagenta Lifecare Ltd.

Mar 31, 2025

11. Contingent Liabilities

A contingent liability is a possible obligation that arise from past events whose existence will be
confirmed by the concurrency or non-occurrence of one or more uncertain future events beyond
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. A contingent liability also arises
in extremely rare cases where there is a liability that cannot be recognized because it cannot be
measured reliably. However, there is no Contingent Liability.

12. Provisions

A provision is recognized when the company has a present obligation as a result of past event, 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. Provisions are not
discounted to their present value and are determined based on the best estimate required to settle
the obligation at the reporting date. These estimates are reviewed at each reporting date and
adjusted to reflect the current best estimates.

Where 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 any provision is presented in the
statement of profit and loss net of any reimbursement.

13. Cash and cash equivalent

The bank balances in India include INR accounts. The Cash & Cash Equivalent comprises Cash and
balance in current and deposit accounts stood at Rs. 1,44,29,015/- as at March 31, 2025.

14. Earning per share

Basic earnings per share are calculated by dividing the net profit or loss for the period attributable
to equity shareholders by the weighted average number of equity shares outstanding during the
period.

For the purpose of calculating diluted earnings per share, the net profit or loss for the period
attributable to equity shareholders and the weighted average number of shares outstanding during
the period are adjusted for the effect of all potentially dilutive equity share.

In terms of our report of even date

For S S R V and Associates

(Chartered Accountants) For, Mage nta Lifecare Limited

Firm Registration No.: 135901W

Sd/- Sd/-

Divyesh Modi Khyati Modi

(Managing Director) (Director)

Sd/- DIN: 02016172 DIN: 06727195

Vishnu Kant Kabra

(Partner)

Membership No.: 403437

Place: Mumbai Sd/- Sd/-

Date: 31^st May, 2025 Hardika Ladha Malvik Mehta

UDIN: 25403437BMIOSZ2594 (Company Secretary) (CFO)

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Mar 31, 2024

15. Provisions, Contingent Liabilities and Contingent Assets:

A provision is recognized if, as a result of a past event, the Company has a present legal obligation
that is reasonably estimate, and it is probable that an outflow of economic benefits will be required
to settle the obligation. Provisions are determined by the best estimate of the outflow of economic
benefits required to settle the obligation at the reporting date. Where no reliable estimate can be
made, a disclosure is made as contingent liability. A disclosure for contingent liability is also made
when there is a possible obligation or a present obligation that may, but probably will not, require
an outflow of resources. Where there is a possible obligations or a present obligation in respect of
which the likelihood of outflow of resources is remote, no provision or disclosure is made.

16. Earning Per Share:

Basic and diluted earnings per share are computed in accordance with Accounting Standard-20.
Basic earnings per share is calculated by dividing the net profit or loss after tax for the period
attributable to equity shareholders by the weighted average number of equity shares outstanding
during the period. Diluted earnings per equity share are computed using the weighted average
number of equity shares and dilutive potential equity shares outstanding during the period,
except where the results are anti-dilutive.

17. Investments:

Current investments, if any are carried at lower of cost & net realizable value. Long term
(noncurrent) investments are stated at cost. Provision for diminution in the value of long term
investments is made only if such a decline is other than temporary.

1 The above Cash Flow has been compiled from and is based on the Balance sheet as at 31st March, 2024 and the related Profit & Loss Account for the year ended on that date.

2 The above cash flow statement has been prepared under the Indirect Method as set out in the Accounting Standard-3 on Cash Flow Statement issued by The Institute of

3 Figures in parenthesis represent outflow.

4 Previous year''s figures have been regrouped, wherever necessary, to confirm current year''s presentation.

As per our report of even date attached hereto

FOR SSRV & Associates
Chartered Accountants

(Firm Reg. No. 135901W) For, Magenta Lifecare Limited

Vishnu Kant Kabra Divyesh Modi Khyati Modi

Partner Managing Director Director

Membership No. : 403437 DIN: 02016172 DIN: 06727195

UDIN : 24403437BKAJTS3206

Date : 5th July 2024 Malvik Mehta Anita Kumawat

Place : Mumbai CFO Company Secretary

I. System of Accounting

The financial statements are prepared under historical cost convention on an
accrual basis and on the basis of going concern.

II. Fixed Assets and Depreciation :

i) Fixed Assets

Fixed Assets are capitalised at cost including all direct costs and other expenses
incurred in connection with acquisition of assets apportioned there to.

ii) Depreciation

Depreciation has been calculated on written down value method on Fixed Assets in
accordance with the rates and in the manner prescribed under Schedule XIV to the
Companies Act, 2013.

III. Inventories

Inventories are valued at cost or net realisable value, whichever is less.

IV. Sales

Sales are net of rebate & discounts and is accounted on removal of the goods.

V Accounting policies not specifically referred to are consistent with generally

accepted accounting practices.

Note No.19 Notes on Accounts

1. The balances of Debtors and Creditors are subiect to the confirmation.

2. In the opinion of the Board of Directors the current assests, loans & advances are
approximately at the same value if realised in the ordinary course of business,
the provisions of all known liabilities are adequate except stated otherwise.

3. Provision of Income Tax is made as per the Income T ax Act, 1961.

4. The Company have not 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 assessments under the Income Tax Act, 1961
such as, search or sui^ey or any other relevant provisions of the Income T ax Act, 1961)

5. The company does not fall under requirements to fulfill given under section 135 Corporate social responsibility.

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

7. Auditors Remuneration : (in Rs.) (in Rs.)

2023-24 2022-23

as Statutory Audit Fees 1 -50 -

8. There are no Immovable property held as at the end of current year.

9. The company have not made any revaluation in its Property, Plant and Equipment by registered valuer.

10 Loans and advances in the nature of loans are granted to promoters, directors, KMPs and the related parties

(as defined under Companies Act, 2013,) either severally or jointly with any other person, that are:

As at 31st March''2024
(In Rs)

Repayble on demand -

11. The Company do not have any intangible assets under development

12. The Company do not have any Benami property, where any proceeding has been initiated
or pending against the company for holding any Benami property.

13. The Company has not made any borrowinas from banks or financial institutions on the basis of security of current assets

14. The Company is not being declared wilful defaulter by any bank or financial institution or other lender.

15. The Company do not have any transactions with companies struck off.

16. The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period,

17. The Company does not have any layers prescribed under clause (87) of Section 2 of the Act,
read with Companies (Restriction on number of Layers) Rules, 2017.

Notes

18.1 Change is due to significant increase in Equity Share Capital as Compared to Previous Year.

18.2 Change is due to significant increase in inventor as compared to Previous Year

18.3 Change is due to significant increase Revenue from Operation as compared to Previous Year.

18.4 Change is due to significant increase Revenue from Operation as compared to Previous Year.

19. The Company has no scheme of arrangements approved by the competent authority as per Companies Act,2013

20. The Company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including
foreign entities (Intermediares) 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

20.1 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 Group 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,

21 Related Parties Disclosures as attached herewith
As per our report of even date attached.

FOR SSRV & Associates For, Magenta Lifecare Limited

CHARTERED ACCOUNTANTS
(Firm Reg. No. 135901W)

Vishnu Kant Kabra Divyesh Modi Khyati Modi

Partner Managing Director Director

Membership No. : 403437 DIN : 02016172 DIN : 06727195

UDIN : 24403437BKAJTS3206
Place : Mumbai

Date : 5th July 2024 Malvik Mehta Anita Kumawat

CFO Company Secretary