అకౌంట్స్ గమనికలుPrizor Viztech Ltd.

Provisions, Contingent Liabilities and Contingent Assets

Provisions are recognised for when the Company has at present, legal or contractual obligation as a result of past events, only if it is
probable that an outflow of resources embodying economic outgo or loss will be required and if the amount involved can be measured
reliably.

Contingent liabilities being a possible obligation as a result of past events, the existence of which will be confirmed only by the occurrence
or non occurrence of one or more future events not wholly in control of the Company are not recognised in the accounts. The nature of
such liabilities and an estimate of its financial effect are disclosed in notes to the financial statements.

Contingent assets are not recognised in the financial statements. The nature of such assets and an estimate of its financial effect are
disclosed in notes to the financial statements.

Revenue recognition

Revenue is recognised on the delivery of goods. Revenue is reported net of discount. Revenue in case of sale of services are recognised on
the basis of performance of service.

i Employee Benefit Expense
Post-employment benefit plans

Contributions to defined contribution retirement benefit schemes are recognised as expense when employees have rendered services
entitling them to such benefits.

For defined benefit schemes, the cost of providing benefits is determined using the Projected Unit Credit Method, with actuarial
valuations being carried out at each balance sheet date. Actuarial gains and losses are recognised in full in the statement of profit and loss
for the period in which they occur. Past service cost is recognised immediately to the extent that the benefits are already vested, or
amortised on a straight-line basis over the average period until the benefits become vested.

The retirement benefit obligation recognised in the balance sheet represents the present value of the defined benefit obligation as
adjusted for unrecognised past service cost, and as reduced by the fair value of scheme assets. Any asset resulting from this calculation is
limited to the present value of available refunds and reductions in future contributions to the scheme.

Other employee benefits

The undiscounted amount of short-term employee benefits expected to be paid in exchange for the services rendered by employees is
recognised during the period when the employee renders the service. These benefits include compensated absences such as paid annual
leave, overseas social security contributions and performance incentives.

Compensated absences which are not expected to occur within twelve months after the end of the period in which the employee renders
the related services are recognised as an actuarially determined liability at the present value of the defined benefit obligation at the
balance sheet date.

i Foreign currency transactions

Income and expense in foreign currencies are converted at exchange rates prevailing on the date of the transaction. Foreign currency
monetary assets and liabilities other than net investments in non-integral foreign operations are translated at the exchange rate
prevailing on the balance sheet date and exchange gains and losses are recognised in the statement of profit and loss. Exchange
difference arising on a monetary item that, in substance, forms part of an enterprise''s net investments in a non-integral foreign operation
are accumulated in a foreign currency translation reserve.

) Taxation

Current income tax expense comprises taxes on income from operations in India and in foreign jurisdictions. Income taxpayable in India is
determined in accordance with the provisions of the Income Tax Act, 1961. Tax expense relating to foreign operations is determined in
accordance with tax laws applicable in countries where such operations are domiciled.

Deferred tax expense or benefit is recognised on timing differences being the difference between taxable income and accounting income
that originate in one period and is likely to reverse in one or more subsequent periods. Deferred tax assets and liabilities are measured
using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

Advance taxes and provisions for current income taxes are presented in the balance sheet after off-setting advance tax paid and income
tax provision arising in the same tax jurisdiction for relevant tax paying units and where the Company is able to and intends to settle the
asset and liability on a net basis.

The Company offsets deferred tax assets and deferred tax liabilities if it has a legally enforceable right and these relate to taxes on income
levied by the same governing taxation laws.

> Earnings Per Share

Basic earning per share is computed 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. Diluted earning per share is computed by taking into account the
weighted average number of equity shares outstanding during the period and the weighted average number of equity shares which
would be issued on conversion of all dilutive potential equity shares into equity shares.

3.1 As on 09-05-2024, the company has issued 66,00,003 Equity Shares under Bonus issue.

3.2 The company has not declared any dividend to equity shareholders during the Year ended as on 31-Mar-2026. (P.Y. - Nil)

3.3 Equity Shares: The Company has one class of equity shares. Each shareholder is eligible for one vote per share held. The dividend if any; proposed
by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case of interim dividend.
In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential
amounts, in proportion to their shareholding.

3.4 4. The Company has increased its authorised Share Capital from Rs. 12,50,00,000 divided into 1,25,00,000 shares of Rs. 10 each to Rs. 15,00,00.000
divided into 1,50,00,000 shares of Rs.10 each vide a resolution passed at EGM of the company held At registered office of the company on
01.11.2025.

3.5 As on 23rd March, 2026, the company has approved preferential allotment of 1,05,000 share warrants into equal number of fully paid up equity
shares of Rs. 10/- each, in accordance with applicable provisions under the Companies Act, 2013, and other relevant regulatory requirements, in
accordance with applicable provisions under the Companies Act, 2013, and other relevant regulatory requirements, consequent to which the paid
up Equity capital of the Company stands increased to Rs. 10,79,62,030/- Comprising of 1,07,96,203 equity shares of Rs. 10/- each.

3.6 The Company has raised funds by way of initial public offer dated 22/07/2024 of 28,91,200 equity shares of face value of Rs 10/- each for cash at a
price of Rs. 87/- per equity share including a share premium of Rs. 77/- per equity share (the "issue price") aggregating to Rs. 2515.34 Lakhs ("the
issue") and fund has been used for the purpose for which it has been raised.

Note:*

1. No Loans or advances are granted to Promoters, Directors, KMPs and the related parties (as defined under the Companies Act, 2013),
either severally or jointly with any other person that are repayable on demand or without specifying any terms or period of repayment.

2. Personal Guarantee of Dasharathbhai Gopalbharti Gauswami and Mitali Dasharathbhai Gauswami

3. No amount has been written off or written back during the year in respect of debts due from or to related parties.

4. List Company/entity owned or significantly influenced by directors. Key Management Personnels and Relative of Key Management
Personnels have been determined by the Management and relied upon by the Auditors. The Auditors have not performed any procedure to
determine whether the list is accurate and complete.

5. List Company/entity owned or significantly influenced by directors, Key Management Personnels and Relative of Key Management
Personnels have been determined by the Management and relied upon by the Auditors. The Auditors have not performed any procedure to
determine whether the list is accurate and complete.

37 Others

i) Previous year figures have been regrouped and rearranged wherever necessary, to make them comparable with those of current year.

ii) Trade Payables, Advances and Liabilities have been taken as per books, are subject to reconciliation/confirmation and consequential
adjustments, if any.

iii) In the opinion of Board of Directors, Current Asset, Loans and Advances are Approximately of the same value at which these are stated in
the Balance Sheet, if realized in ordinary course of business.

38 Title deeds of Immovable Property not held in name of the Company

The company does not have any immovable property (other than properties where the company is the lessee and the lease agreements are
duly executed in favour of the company) for which title deeds are not held in the name of the company. Accordingly, the requirement to
disclose details relating to title deeds of immovable properties not held in the name of the company is not applicable.

39 Revaluation of Property, Plant and Equipment

The Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets) and Intangible assets.

42 Details of Benami Property held

The Company affirms that no proceedings have been initiated or are pending against it under the Benami Transactions (Prohibition) Act,
1988 and the rules made thereunder. The Company does not hold any benami property, nor has it been involved in any transaction that
qualifies as a benami transaction as defined under the said Act.

* Reasons for Material Discrepancies:

a) As per Information and Explanation Submitted to us by Management

b) There is no major variation in value of inventory between quarterly statements and books of accounts except minor variation which
is mainly on account of variances in physical inventory verification or pricing which have been adjusted in value of inventory in
books of accounts post submission of quarterly statements to the bank. However, we have not observed any material difference in
inventory values between quarterly statements and books of accounts.

c) In respect of differences in values of eligible debtors or creditors, we have not observed any material difference in figures submitted
in quarterly statements and value as per books of accounts except the statutory adjustments such as TDS/TCS or GST related
adjustments or effect of reconciled transactions which have been passed in books of accounts post submission of quarterly
statements to the bank.

45 Wilful Defaulter

The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.
Registration of Charge

There are no charges or satisfaction yet to be registered with Registrar of companies (ROC).

47 Arrangements and Amalgamations

There are no Scheme of Arrangements placed before the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013
for approval.

48 Compliance with number of layers of companies

The company has 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

During the year ended on 31st March, 2026, Prizor Aitech India Limited (subsidiary company) has increased their equity paid up share
capital under preferential allotment. Accordingly, Prizor Aitech India Limited ceases to be subsidiary of the Company due to loss of Control
w.e.f (30-03-2026). As at 31st March, 2026, the Company has no Subsidiary.

49 Utilisation of Borrowed funds and share premium

The Company has not received any fund (which are material either individually or in the aggregate) from any party(ies) (Funding Party(ies))
with the understanding whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly lend or invest in
other persons or entities identified in any manner by or on behalf of the Funding Party (Ultimate Beneficiaries") or provide any guarantee,
security or the like on behalf of the Ultimate Beneficiaries.

50 Utilisation of Money raised through Initial Public Offer (SME IPO)

The Company has raised funds by way of initial public offer dated 22/07/2024 of 28,91,200 equity shares of face value of Rs 10/- each for
cash at a price of 87/- per equity share including a share premium of ^ 77/- per equity share (the "issue price") aggregating to ^ 2515.34
Lakhs ("the issue") and fund has been used for the purpose for which it has been raised.

51 Undisclosed Income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax
Act, 1961, that has not been recorded in the books of account.

52 Corporate Social Responsibility (CSR)

Where the company covered under section 135 of the companies act, the following shall be disclosed with regard to CSR activities:-

54 Segment reporting

The Company has single reportable business segment "Manufacturing & Trading of CCTV Camera and Other related products". Hence, no
separate information for segment-wise disclosure is given in accordance with the requirements of AS 17 - Operation Segments.

55 Virtual Currency Transaction

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.

36 Others

i) Previous year figures have been regrouped and rearranged wherever necessary, to make them comparable with those of current year.

ii) Trade Payables, Advances and Liabilities have been taken as per books, are subject to reconciliation/confirmation and consequential adjustments, if any.

iii) In the opinion of Board of Directors, Current Asset, Loans and Advances are Approximately of the same value at which these are stated in the Balance Sheet, if realized in ordinary course of business.

37 Title deeds of Immovable Property not held in name of the Company

The company does not have any immovable property (other than properties where the company is the lessee and the lease agreements are duly executed in favour of the company) for which title deeds are not held in the name of the company. Accordingly, the requirement to disclose details relating to title deeds of immovable properties not held in the name of the company is not applicable.

38 Revaluation of Property, Plant and Equipment

The Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets) and Intangible assets.

41 Details of Benami Property held

The Company affirms that no proceedings have been initiated or are pending against it under the Benami Transactions (Prohibition) Act, 1988 and the rules made thereunder. The Company does not hold any benami property, nor has it been involved in any transaction that qualifies as a benami transaction as defined under the said Act.

42 The company has taken Borrowings from Bank on the basis of Security of Current Asset i.e Inventory.

The quarterly statements of current asset i.e Inventory filed by the Company with banks are in agreement with the books of accounts.

43 Contingent liabilities.

Currently, there are no contingent liabilities that should be reported in the financial statements of the company.

44 Wilful Defaulter

The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

45 Registration of Charge

There are no charges or satisfaction yet to be registered with Registrar of companies (ROC).

46 Arrangements and Amalgamations

There are no Scheme of Arrangements placed before the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013 for approval.

47 Compliance with number of layers of companies

The company has 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 company has one subsidiary namely Prizor Aitech India Limited which was incorporataed on 9th October 2024. The Company holds 51% Share capital of Prizor Aitech India Limited.

48 Utilisation of Borrowed funds and share premium

The Company has not received any fund (which are material either individually or in the aggregate) from any party(ies) (Funding Party(ies)) with the understanding whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner by or on behalf of the Funding Party (Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

49 Utilisation of Money raised through Initial Public Offer (SME IPO)

The Company has raised funds by way of initial public offer dated 22/07/2024 of 28,91,200 equity shares of face value of Rs 10/- each for cash at a price of ^ 87/- per equity share including a share premium of ^ 77/- per equity share (the "issue price") aggregating to ^ 2515.34 Lakhs ("the issue") and fund has been used for the purpose for which it has been raised.

50 Undisclosed Income

There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.

52 Segment reporting

The group has single reportable business segment. Hence, no separate information for segment-wise disclosure is given in accordance with the requirements of AS 17 - Operation Segments.

53 Virtual Currency Transaction

The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.