అకౌంట్స్ గమనికలుMoongipa Capital Finance Ltd.

Mar 31, 2025

Provision, Contingent Liabilities and Contingent Assets:

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a
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 reviewed at the end of each reporting period and adjusted to reflect the current best estimate.
If it is no longer probable that an outflow of resources would be required to settle the obligation, the
provision is reversed.

Contingent Assets/Liabilities
Contingent liability is disclosed for:

Possible obligations which will be confirmed only by future events not wholly within the control of
company. Present obligations arising from past events where it is not probable that an outflow of resources
will be required to settle the obligation or a reliable estimate of the amount of the obligation cannot be
made.

Contingent assets are not recognized in the financial statements since this may result in the recognition of
income that may never be realized. Such asset is disclosed in notes to account to balance sheet.

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 for financial assets.

ECL is the difference between all contractual cash flows that are due to the Company in accordance with the
contract and all the cash flows that the entity expects to receive (i.e., all cash shortfalls), discounted at the
original EIR. When estimating the cash flows, the Company is required to consider:

a) All contractual terms of the financial assets (including prepayment and extension) over the expected life of
the assets.

b) Cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual
terms.

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.

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 of the financial asset.

Subsequent Measurement

For purposes of subsequent measurement, financial assets are classified in to following categories:

• a) at amortized cost; or

• b) at fair value through other comprehensive income; or

• c) at fair value through profit or loss.

The classification depends on the entity’s business model for managing the financial assets and the
contractual terms of the cash flows.

(i) Debt Instrument at Amortised Cost

The category applies to the Company’s trade receivables, other bank balances, security deposits etc.

A ‘debt instrument’ is measured at the amortised 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 amortised cost using the
effective interest rate (EIR) method. Amortised 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 amortisation is
included in finance income in the Statement of Profit and Loss. The losses arising from impairment are
recognized in the Statement of Profit and Loss.

(ii) Debt instrument at FVTOCI

A ‘debt instrument’ is classified as at 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 other comprehensive income (OCI). However,
the Company recognizes interest income, impairment losses & reversals in the Statement of Profit and Loss.
On derecognition of the asset, cumulative gain or loss previously recognised in OCI is reclassified from the
equity to Statement of Profit and Loss. Interest earned whilst holding FVTOCI debt instrument is reported as
interest income. There are no such items of the company in this category.

(iii) Debt instrument at FVTPL

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

Debt instruments included within the FVTPL category are measured at fair value with all changes
recognized in the Statement of Profit and Loss.

(iv) Equity investments

All equity investments held for trading which are in scope of Ind AS 109 are measured at fair value.
De-recognition

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

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

b) The Company has transferred its contractual rights to receive cash flows from the financial 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.

Note. 29 Other Additional Information As on 31^st March, 2025.

1. Contingent Liabilities

(i) Claims against the company not acknowledged as debts Nil. Previous year Nil

(ii) Guarantees to Banks and Financial institutions against credit facilities extended to third parties
Nil. Previous year Nil.

(iii) Other money for which the company is contingently liable Nil. Previous Nil

2. Commitments On Capital Accounts:-

(i) Unclaimed liability on partly paid shares Nil. Previous year Rs. Nil

(ii) Estimated amount of contracts remaining to be executed on capital accounts Nil. Previous year
Nil.

(iii) Other Commitments Nil. Previous year Nil.

3. In the opinion of Board of Directors & best of their knowledge & belief the provisions of all known
liabilities are adequate.

4. In the opinion of Board of Director Current Assets, Loan & advances have a value on realization in
the ordinary course of business at least equal to the amount at which they are stated.

12. Others

Other than in the normal and ordinary course of business there are no funds that have been advanced
or loaned or invested (either from borrowed funds or share premium or any other sources or kind of
funds) by the company to or in any other persons or entities, including foreign entities
(“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the
Intermediary shall directly or indirectly lend or invest in other persons or entities identified in any
manner whatsoever (“Ultimate Beneficiaries”) by or on behalf of the Company; or provide any
guarantee, security or the like on behalf of the Ultimate Beneficiaries.

There have been no funds that have been received by the Company from any persons or entities,
including foreign entities (“Funding Parties”), with the understanding, whether recorded in writing or
otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entities
identified in any manner whatsoever (“Ultimate Beneficiaries”) by or on behalf of the Funding Party
or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

13. Related Party Transactions

1. Following are the related parties

a. Key Management Personnel (KMP)

• Mrs. Pooja Jain (Whole Time Director)

• Mr. Sanjay Jain (Director)

• Mr. Sandeep Singh (Company Secretary & Compliance Officer)

• Mr. Piyush Jain (Chief Executive Officer) Appointed on 13.02.2025

• Mr. Mohd Javed Qureshi (Chief Financial Officer)

b. Enterprises Significantly Influenced by KMP & their Relatives

• Nil

18. Additional Regulatory Information

(i) The company does not have any Immovable Property.

(ii) There is no any Proceeding have been initiated or pending on or against of the company for
holding any Benami Property under the “Benami Transaction(Prohibition) Act, 1988 (section 45
of 1988)” and the rules made thereunder.

(iii) The Company does not have any Long-Term borrowings or Loan from Bank or any financial
Institution on the basis of security of Current Assets.

(iv) The Company have not been declared a willful defaulter by bank, financial institution or any
other lenders.

(v) There is no charge or modification yet to be registered with the Registrar of the companies
beyond the statutory period.

(vi) The Company doesnot has traded or invested in Crypto Currency or Virtual Currency during the
financial Year.

19. The accounts have been prepared on the basis of Schedule III of the Companies Act, 2013. The

previous year figures have adjusted/ regroup/ rearrange wherever required, to confirm with the

current year figures.

21 Notes No. 1 to 29 form an integral part of the Financial Statements for the year ended on 31^st March,
2024

For Sunil K Gupta & Associates For & on Behalf of Board of Directors

Chartered Accountants Moongipa Capital Finance Ltd

Firm Regn. No. 002154N

Sd/- Sd/- Sd/-

Mahesh Chandra Agarwal Dr. Pooja Jain Sanjay Jain

Partner Whole Time Director Director

M. No. 088025 DIN:00097037 DIN: 00096938

Sd/- Sd/- Sd/-

Mohd Javed Qureshi Piyush Jain Sandeep Singh

Chief Financial Officer Chief Executive Officer Company Secretary

(PAN: AAEPQ1808N) (PAN: CESPJ3392G) M. No. : A67580

Place: New Delhi
Date: 29.05.2025

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Mar 31, 2024

b. Rights, preferences and restrictions attached to equity shares

The Company has only one class of equity shares having a par value of Rs. 10 per share. Each shareholder is entitled to one vote per share. The Company declares and pays the dividend in Indian rupees. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all the preferential amounts, if any. The distribution will be in proportion to number of equity shares held by the shareholders.

1. Contingent Liabilities

(i) Claims against the company not acknowledged as debts Nil. Previous year Nil

(ii) Guarantees to Banks and Financial institutions against credit facilities extended to third parties Nil. Previous year Nil.

(iii) Other money for which the company is contingently liable Nil. Previous Nil

2. Commitments On Capital Accounts:-

(i) Unclaimed liability on partly paid shares Nil. Previous year Rs. Nil

(ii) Estimated amount of contracts remaining to be executed on capital accounts Nil.

Previous year Nil.

(iii) Other Commitments Nil. Previous year Nil.

3. In the opinion of Board of Directors & best of their knowledge & belief the provisions of all known liabilities are adequate.

4. In the opinion of Board of Director Current Assets, Loan & advances have a value on realization in the ordinary course of business at least equal to the amount at which they are stated.

6. Managerial Remuneration 6,00,000/- (Previous year Rs. 6,00,000/-).

7. Based on the Information received from all the vendor regarding their statues under Micro, Small & Medium Enterprises Developments Act, 2006 and hence disclosure relating to amount unpaid as at year end together with interest paid / payable under this Act on the basis of the information available with the company is Rs. Nil.

9. The company has not proposed any dividend to be distributed to Equity Shareholders for the period 1^st April, 2023 to 31^st March, 2024. (Previous year Rs. Nil).

10. Value of Imports Calculated on CIF Basis Rs. Nil (Previous Year Rs. Nil)

Other than in the normal and ordinary course of business there are no funds that have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the company to or in any other persons or entities, including foreign entities (“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the Intermediary shall directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever (“Ultimate Beneficiaries”) by or on behalf of the Company; or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

There have been no funds that have been received by the Company from any persons or entities, including foreign entities (“Funding Parties”), with the understanding, whether re corded in writing or otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever (“Ultimate Beneficiaries”) by or on behalf of the Funding Party or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

The company has not accepted any deposits from public during the year ended on March 31, 2024 & previous year ended on March 31, 2023.

18. Additional Regulatory Information

(i) The company does not have any Immovable Property.

(ii) There is no any Proceeding have been initiated or pending on or against of the company for holding any Benami Property under the “Benami Transaction (Prohibition) Act, 1988 (section 45 of 1988)” and the rules made thereunder.

(iii) The Company does not have any Long-Term borrowings or Loan from Bank or any financial Institution on the basis of security of Current Assets.

(iv) The Company have not been declared a willful defaulter by bank, financial institution or any other lenders.

(v) There is no charge or modification yet to be registered with the Registrar of the companies beyond the statutory period.

(vi) The Company does not has traded or invested in Crypto Currency or Virtual Currency during the financial Year.

19. The accounts have been prepared on the basis of Schedule III of the Companies Act, 2013. The

previous year figures have adjusted/ regroup/ rearrange wherever required, to confirm with the

current year figures.

1 As defined in paragraph 5.1.26 of the Directions._

2 Provisioning norms shall be applicable as prescribed in these Directions._

3

All notified Account Standards and Guidance Notes issued by ICAI are applicable including for valuation of investments and other assets as also assets acquired in satisfaction of debt. However, market value in respect of quoted investments and break up/ fair value/ NAV in respect of unquoted investments shall be disclosed irrespective of whether they are classified as long term (amortised cost in the case of Ind AS) or current (fair value in the case of Ind AS) in (5) above.

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Mar 31, 2014

1. Corporate information

The company is carrying on the business of financing activities. The principal place of business of the company is the same as registered office of the company.

2. Contingent Liabilities

(a) As on 31st March 2014, contingent liabilities not provided for in the books of accounts is Rs. NIL (Previous Rs. NIL)

3. Claims against the Company not acknowledged as Debts - Rs. Nil (Previous Year Rs. Nil).

4. Pending Capital Commitments remaining to be executed - Rs. Nil (Previous Year Rs. Nil).

5. Company has filed suits for recovery of Rs. 1,465,800 from various trade debtors in district of Delhi which are pending for Disposal as on 31* March 2014. However, keeping in mind the recovery of balance Management of the Company has classified the said receivables as doubtful and provision has been made accordingly.

6. Managerial Remuneration Rs. 2,04,000 (Previous Year Rs. 1,68,000)

7. Based on the Information received from all the vendor regarding their statues under Micro, Small & Medium Enterprises Developments Act, 2006 and hence disclosure relating to amount unpaid as at year end together with interest paid / payable under this Act on the basis of the information available with the company is Rs. Nil.

8. The company has not proposed any dividend to be distributed to Equity Shareholders for the period 1st April, 2013 to 31* March, 2014. (Previous year Rs. Nil).

9. Value of Imports Calculated on CIF Basis Rs. Nil (Previous Year Rs. Nil)

10. Related Party Transactions

1. Following are the related parties a. Key Management Personnel (KMP) * Mr. Sanjay Jain (Director) * Mr. Shyam Kumar Sharma (Whole Time Director) b. Enterprises Significantly Influenced by KMP & their Relatives * Moongipa Securities Limited

The Increase/Oimlnution in value of Non Current investment is due to the change in Market Prices of Shares as at 31st March 2014. Since the lncrease/(Diminution) is temporary in nature, The management of the Company has decided to value to the investment at Cost rather valuing the investment on Market Price,

11. As per the Notification No. S.O. 447 (E) dated 28.02.2011 read with amendment Notification S.0.653 (E) dated 30.03.2011 issued by ministry of corporate affairs, financial Statements of the company for the financial year ended on 31* March, 2014 & Previous year ended on 31* March, 2013 have been prepared/ redrafted according to provisions set out in the Revised Schedule VI of Companies Act, 1956.

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Mar 31, 2013

Corporate Information

The company is carrying on the business of Financing Activities. The principal place of business of the company is the same as registered office of the company.

1. As on 31st March, 2013 Contingent Liabilities not provided for in books of accounts is Rs. Nil (Previous Year Rs. Nil)

2. Claims against the Company not acknowledged as Debts - Rs. Nil (Previous Year Rs. Nil).

3. Pending Capital Commitments remaining to be executed - Rs. Nil (Previous Year Rs. Nil).

4. Company has filed suits for recovery of Rs. 9,69,490/- from various trade debtors in district of Delhi which are pending for disposal as on 31st March, 2013. However, keeping in mind the recovery of balances Management of the company has classified the said receivables as doubtful and provision has been made accordingly.

5. Managerial Remuneration Rs. 168,000 (Previous Year Rs. 1,44,000)

6. Based on the Information received from all the vendor regarding their statues under Micro, Small & Medium Enterprises Developments Act, 2006 and hence disclosure relating to amount unpaid as at year end together with interest paid / payable under this Act on the basis of the information available with the company is Rs. Nil.

7. The company has not proposed any dividend to be distributed to Equity Shareholders for the period 1st April, 2012 to 31st March, 2013. (Previous year Rs. Nil).

8. Value of Imports Calculated on CIF Basis Rs. Nil (Previous Year Rs. Nil)

The Increase/Diminution in value of Non Current investments is due to the Change In market Prices of Shares as at 31* March, 2013. Since the Increase/ (Diminution) Is temporary in nature, The Management of the Company has decided to value to the investments at Cost rather valuing the investments on Market Price.

9. As per the Notification No. S.O. 447 (E) dated 28.02.2011 read with amend- ment Notification S.0.653 (E) dated 30.03.2011 issued by ministry of corpo- rate affairs, financial Statements of the company for the financial year ended on 31st March, 2013 & Previous year ended on 31st March, 2012 have been prepared/redrafted according to provisions set out in the Revised Schedule VI of Companies Act, 1956.

10. Notes no. 1 to 15 form an integral part of the Financial Statements for the year ended on 31st March, 2013.

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Mar 31, 2012

1. Contingent liability not provided for- Rs. Nil (Previous Year - Rs. Nil)

2. Claim against the company not acknowledged as debts- Nil (Previous Year - Rs. Nil)

3. Estimated amount of contract remaining to be executed on capital accounts- NH (Previous Year - Rs. Nit)

4. Balances grouped under loans & advances and current liabilities are subject to confirmation.

5. The company does not owe any amount to micro small and medium enterprises.

6. The shares of Moongipa Securities Ltd and SMC Global Securities Ltd. being held by the company has not been traded during the year, as such the market value of such investment as on 31-03-2012 is not available.

7. The Company is involved in the business of financing activity only as such there is only one reportable segment. Further the Company is operating in India only. Therefore the reporting requirements as prescribed under AS-17 are not applicable to the company.

8. The amounts have been rounded off to the nearest rupee.

9. The Revised Schedule VI has become effective from 1 April, 2011 for the preparation of financial statements. This has significantly impacted the disclosure and presentation made in the financial statements. Previous year's figures have been regrouped I reclassified wherever necessary to correspond with the current year's classification / disclosure.

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Mar 31, 2010

1. Contingent liabitity not provided for-Rs. Nil (Previous Year -Rs.Nil)

2. Claim against the company not acknowledged (Previous Year -Rs.Nil) as debts-Nil

3. Estimated amount of contract remaining to be (Previous Year- Rs.Nil) executed on capital accounts- Nil

5. Earning and Expenditure in foreign currency Nil - Nil

6. Balances grouped under loans & advances and current liabilities are subject to confirmation.

7. The company does not owe any amount to a Small Scale Industrial Undertaking or small and medium enterprises.

8. The shares of Moongipa Securities Ltd and SMC Global Securities Ltd. being held by the company has not been traded during the year, as such the market value of such Investment as on 31-03-2010 Is not available.

9. The Company Is Involved in the business of financing activity only as such there is only one reportable segment Further the Company Is operating In India only. Therefore the reporting requirements as prescribed under AS-1T issued by the ICAI are not applicable to the company.

10. Related Party Disclosure

Name Nature of Relationship

Moonglpa Securities Ltd Enterprise over which key manage- ment personnel la able to exercise significant influence.

Transaction during the year NIL (Previous year Ra. NIL)

11. The amounts have been rounded off to the nearest rupee.

12. Previous year figures have been regrouped and rearranged wherever considered necessary to make them comparable with the current figures.

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Mar 31, 2003

1. NON PERFORMING ASSETS

Income recognition, assets classification and provisioning in respect of non performing assets has been done in accord- ance of RBI directives.

2. Additional information pursuant to Part II of Schedule VI to the Companies Act, 1956, to the extent applicable are as under (i) Foreign Exchange earnings during the year NIL

(ii) Expenditure in foreign currency NIL

3. Provision for gratuity is not required to be made in the accounts as no employee has yet put in the qualifying period of service.

4. Balances grouped under current assets, sundry debtors, loans & advances are subject to confirmation.

5. Previous year figures have been regrouped and rearranged wherever considered necessary to make them comparable with the current figures.

6. Provision for Taxation

The provision for taxation has not been made as there is no taxable income in view of loss.

Deferred Income Tax is provided, using the liability method, on all timing differences at the balance sheet date between the tax base of assets and liabilities and their carrying amounts for financial reporting purposes.

Deferred Tax assets are recognised on, to the extent that there is reasonable certainty of their realisation. Deferred Tax assets and liabilities are measured using the tax rates and the tax laws that have been enacted or subsequently enacted at the balance sheet date.

7. SEGMENT REPORTING

The main business of Company is leasing and hire purchase finance and the other activities revolves around the main business. There is no other segment within the company.

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Mar 31, 2002

1. NON PERFORMING ASSETS

Income recognition, assets classification and povisioning in respect of non performing assets has been done in accordance of RBI directives.

2. CONTINGENT LIABILITIES

2001-2002 2000-2001

Bank Guarantee 55,00,000 55,00,000

3. Additional information pursuant to Part II of Schedule VI to the Companies Act, 1956, to the extent applicable are as under

(i) Foreign Exchange earnings during the year - NIL

(ii) Expenditure in foreign currency - NIL

4. Provision for gratuity is not required to be made in the accounts as no employee has yet put in the qualifying period of service.

5. Balances grouped under current assets,sundry debtors Joans & advances are subject to confirmation.

6. Previous year figures have been regrouped and rearranged wherever considered necessary to make them comparable with the current figures.

7. Provision for Taxation

- The provision for taxation has not been made as there is no taxable income in view of loss.

- Deferred Income Tax is provided ,using the liability method,on all timing differences at the balance sheet date between the tax base of assets and liabilities and their carrying amounts for financial reporting purposes.

- Deferred Tax assets are recognised on , to the extent that there is reasonable certainty of their realisation.

- Deferred Tax assets and liabilities are measured using the tax rates and the tax laws that have been enacted or subsequently enacted at the balance sheet date.

8. SEGMENT REPORTING

The main business of Company is leasing and hire purchase finance and the other activities revolves around the main business. There is no other segment within the company.