అకౌంట్స్ గమనికలుManglam Global Corporations Ltd.

Mar 31, 2025

12. Accounting for Provisions, Contingent Liabilities and Contingent Assets -

Provisions are recognized in terms of Accounting Standard 29 - ''Provisions, Contingent

Liabilities and Contingent Assets'' issued by the ICAI, when there is a present legal or statutory
obligation as a result of past events where it is probable that there will be outflow of resources to
settle the obligation and when a reliable estimate of the amount of the obligation can be made
except provision for Retirement Benefits which are dealt as per Accounting Standard 15.

During the year no Contingent Liabilities are recognized and there is no occasion for such
recognition.

Contingent Assets are not recognized in the financial statements.

13. Prior Period Item / Extra-Ordinary Items -

Prior period items, and extra ordinary items, if material, are separately disclosed in the notes to the

accounts is a policy of the Company.

14. Earning per share

Basic earnings per share is computed by dividing the net profit after tax by the weighted average
number of equity shares outstanding during the period.

Adjusted earnings per share is computed by dividing net profit after tax by the average number of
equity shares including bonus shares outstanding during the period.

15. Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit before tax is adjusted for the
effects of transactions of a non-cash nature, any deferrals or accruals of past or future operating
cash receipts or payments and item of income or expenses associated with investing or financing
cash flows. The cash flows from operating, investing and financing activities of the Company are
segregated.

B) Notes on Accounts -

1. Depreciation

Pursuant to the enactment of Companies Act, 2013 the company has applied the estimated useful
lives as specified in Schedule II, except in respect of certain assets as disclosed in accounting
policy on Depreciation, Amortization and Depletion. Accordingly, the unamortized carrying
value is being depreciated / amortized over the revised/ remaining useful lives.

2. Third Party Confirmation

In most of the cases, confirmation from the parties grouped under sundry debtors, sundry
creditors, loans & advances has not been received by the company. These balances have, therefore
been taken as per the books subject to reconciliation & adjustments, if any.

3. Long Term Borrowings

During the year, Company has outstanding Long Term Unsecured Loans from Associate Concern,
Directors, Shareholders amounting Rs. NIL (Previous year Rs. NIL) as per condition stipulated by
Bank.

4. Trade Receivables

Outstanding debts having found not realizable are treated as bad and has been written off in the
relevant financial year.

5. Trade Payables

Outstanding credit balances having found not payable are treated as bad and has been forfeited in
the relevant financial year.

6. As informed by the management that the liability / refund of all Indirect Taxes will be accounted
on finality of claims from concerned department.

7. Previous years figures have been regrouped and recasted wherever necessary to make them
comparable to current years figure.

17. Registration of charges or satisfaction with Registrar of Companies

Where any charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory
period, details and reasons thereof shall be disclosed.

18. Compliance with number of layers of companies

Where the company has not complied with the number of layers prescribed under clause (87) of section 2
of the Act read with Companies (Restriction on number of Layers) Rules, 2017, the name and CIN of the
companies beyond the specified layers and the relationship/extent of holding of the company in such
downstream companies shall be disclosed.

19. Following Ratios to be disclosed:

(a) Current Ratio (Current Asset / Current Liabilities) - 65.46 increase in Current asset.

(b) Debt-Equity Ratio (Loans/ Capital Account Net Profit) - NA

(c) Debt Service Coverage Ratio (PBIT/Interest) - NA

(d) Return on Equity Ratio (Net Profit/ Capital Account Net Profit)- 0.02- Company started operational
income.

(e) Inventory turnover ratio (Turnover/ Closing Stock) - 12.38- Company Started Opretions.

(f) Trade Receivables turnover ratio ( Sundry Debtors/Turnover) - NA

(g) Trade payables turnover ratio( Sundry Creditors/Turnover) - 0.01

(h) Net capital turnover ratio (PBIT/ Turnover) - 0.01- Company started trading business during the
current financial year.

(i) Net profit ratio (Net Profit/Turnover) - 0.01- Company started trading business during the current
financial year.

(j) Return on Capital employed (PBIT/ Capital Employed) - 0.02- Company started operational income

The company shall explain the items included in numerator and denominator for computing the above
ratios. Further explanation shall be provided for any change in the ratio by more than 25% as compared to
the preceding year.

Notes:

I. The above Cash Flow Statement has been prepared under the ''Indirect Method'' as set out in
Accounting Standard 3, Cash Flow Statement prescribed by Companies (Accounting Standards)
Rules, 2006.

II. Pledged FDRs & funds earmarked for dividend & balance in trust account have been excluded
from Cash and Cash equivalents and included in Other Receivables.

III. Previous year''s figures have been regrouped/rearranged where necessary to conform to current
period''s presentation

As per our attached report of even date

For, DMKH & Co For, MANGLAM GLOBAL CORPORATIONS LIMITED

Chartered Accountants (Formerly Known as KSHITIJ INVESTMENTS LIMITED)

Sd/- Sd/- Sd/-

Dinesh Mundada Rahul Agrawal Rohit Agrawal

Membership No.122962 Managing Director Director

Firm’s Registration No. 116886W DIN:06532413 DIN: 06531456

UDIN:- 25122962BMIQCT6723
Place - Pipariya

Date - 29/05/2025 Sd/- Sd/-

Aman Agrawal Nalini Kankani

Chief Financial Officer Company Secretary

& Compliance Officer

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Mar 31, 2024

12. Accounting for Provisions, Contingent Liabilities and Contingent Assets -

Provisions are recognized in terms of Accounting Standard 29 - ''Provisions, Contingent
Liabilities and Contingent Assets'' issued by the ICAI, when there is a present legal or
statutory obligation as a result of past events where it is probable that there will be outflow of
resources to settle the obligation and when a reliable estimate of the amount of the obligation
can be made except provision for Retirement Benefits which are dealt as per Accounting
Standard 15.

During the year no Contingent Liabilities are recognized and there is no occasion for such
recognition.

Contingent Assets are not recognized in the financial statements.

13. Prior Period Item / Extra-Ordinary Items -

Prior period items, and extra ordinary items, if material, are separately disclosed in the notes to
the accounts is a policy of the Company.

14. Earning per share

Basic earnings per share is computed by dividing the net profit after tax by the weighted average
number of equity shares outstanding during the period.

Adjusted earnings per share is computed by dividing net profit after tax by the average number
of equity shares including bonus shares outstanding during the period.

15. Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit before tax is adjusted for the
effects of transactions of a non-cash nature, any deferrals or accruals of past or future operating
cash receipts or payments and item of income or expenses associated with investing or financing
cash flows. The cash flows from operating, investing and financing activities of the Company
are segregated.

B) Notes on Accounts -

1. Depreciation

Pursuant to the enactment of Companies Act, 2013 the company has applied the estimated
useful lives as specified in Schedule II, except in respect of certain assets as disclosed in
accounting policy on Depreciation, Amortization and Depletion. Accordingly, the unamortized
carrying value is being depreciated / amortized over the revised/ remaining useful lives.

2. Third Party Confirmation

In most of the cases, confirmation from the parties grouped under sundry debtors, sundry
creditors, loans & advances has not been received by the company. These balances have,
therefore been taken as per the books subject to reconciliation & adjustments, if any.

3. Long Term Borrowings

During the year, Company has outstanding Long Term Unsecured Loans from Associate
Concern, Directors, Shareholders amounting Rs. NIL (Previous year Rs. NIL) as per condition
stipulated by Bank.

4. Trade Receivables

Outstanding debts having found not realizable are treated as bad and has been written off in the
relevant financial year.

5. Trade Payables

Outstanding credit balances having found not payable are treated as bad and has been forfeited
in the relevant financial year.

6. As informed by the management that the liability / refund of all Indirect Taxes will be accounted
on finality of claims from concerned department.

7. Previous years figures have been regrouped and recasted wherever necessary to make them
comparable to current years figure.

16. Relationship with Struck off Companies

Where the company has any transactions with companies struck off under section 248 of the
Companies Act, 2013 or section 560 of Companies Act, 1956, the Company shall disclose the
following details:-

17. Registration of charges or satisfaction with Registrar of Companies

Where any charges or satisfaction yet to be registered with Registrar of Companies beyond the
statutory period, details and reasons thereof shall be disclosed.

18. Compliance with number of layers of companies

Where the company has not complied with the number of layers prescribed under clause (87)
of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017,
the name and CIN of the companies beyond the specified layers and the relationship/extent of
holding of the company in such downstream companies shall be disclosed.

19. Following Ratios to be disclosed:

(a) Current Ratio (Current Asset / Current Liabilities) - 48.79 Reduction in Current asset.

(b) Debt-Equity Ratio (Loans/ Capital Account Net Profit) - NA

(c) Debt Service Coverage Ratio (PBIT/Interest) - NA

(d) Return on Equity Ratio (Net Profit/ Capital Account Net Profit)- (0.077)- Loss due to no
operational income.

(e) Inventory turnover ratio (Turnover/ Closing Stock) - NA

(f) Trade Receivables turnover ratio (Sundry Debtors/Turnover) - NA

(g) Trade payables turnover ratio (Sundry Creditors/Turnover) - NA

(h) Net capital turnover ratio (PBIT/ Turnover) - NA- No turnover during the current financial
year.

(i) Net profit ratio (Net Profit/Tumover) - NA- Loss due to no operational income.

(j) Return on Capital employed (PBIT/ Capital Employed) - (0.077)- Loss due to no operational
income.

The company shall explain the items included in numerator and denominator for computing the
above ratios. Further explanation shall be provided for any change in the ratio by more than
25% as compared to the preceding year.

For, DMKH & Co For, Kshitij Investments Limited

Chartered Accountants

Partner Dipika Agarwal Ramlakhan Shiv Singh

Membership No.122962 Director Director

Firm’s Registration No. 116886W Din:07584659 Din:02898800

UDIN:- 24122962BKBENW9381

Place - Pune

Date - 29/05/2024

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Mar 31, 2014

Note 1: Corporate Information

The company having registered office at Mumbai is engaged in the business of trading of Iron & Steel, but it has not done any business during the year.

2. OTHER NOTES:- Note 2.1: Segmenting Reporting

The company has handling charges only in Kolkata as other income and no operational revenue during the year. Hence the Company has no Business & Geographical Segment during the year. As required by AS-17.

Note 2.2: Related Party Disclosure

There are no transactions with related parties during the year.

Note 2.3: Sundry Debtors/ Creditors Balances

Balances shown under Sundry Debtors, Advances, some of the Sundry Creditors are subject to confirmation/ reconciliation and consequential adjustment, if any. However the company has been sending letters for confirmation to theses parties. In our opinion of management, the value of sundry debtors, advances, sundry creditors on realization/ payment in the ordinary course of business, will not be less/ more than the value at which these balances are stated in the Balance Sheet.

Note 2.4:

Advances & Deposits amounting to Rs. 13,59,752.31/- in Note 3 is explained by the management to be long pending advances, hence no interest is considered.

Note 2.5:

Regarding tax deducted at source, concept of materiality and General Auditing Practice, verbal declaration by the management has been adopted.

Note 2.6:

All the known liabilities have been provided for and there are no contingent liability during the year.

Note 2.7:

The directors have waived the sitting fees for the meetings attended by them during the year.

Note 2.8: Micro, Small and Medium Enterprises Development Act, 2006

The Company has not received information from vendors regarding their status under the Micro, Small and Medium Enterprises Development Act , 2006 and hence disclosure relating to amount unpaid as at year end together with interest paid or payable under this act has not been given.

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Mar 31, 2010

1.1. All the current assets, loans and advances have a value, on realization at least equal to the amount, at which they are stated in the accounts.

1.2. All the known liabilities have been provided for and there are no contingent liabilities during the year.

1.3. Depreciation on fixed assets have been provided during the year on straight line method at the rate prescribed under schedule XIV of the companies Act 1956.

1.4. Due to / from small scale industries more than Rs.1 lac. Nil.

1.5. Balance with sundry debtors, creditors are subject to confirmation from the respective parties and consequential / adjustments arising there form, if any.

2.6. In absence of virtual certainty of sufficient taxable income, net deferred tax assets has not been recognized by way of prudence in accordance with Accounting Standard (AS) 22 "Accounting for taxes on Income" issued by the Institute of Chartered Accountants of India.

1.7. Segmental Reporting

The Company is engaged in selling of Iron & Steel products only. Hence, the company has no Business & Geogrphical Segment during the year.

1.8. RelatedParty Disclosure :

There is no related party transaction during the year.

1.9 Previous year figures have been regrouped and / or rearranged wherever considere necessary