అకౌంట్స్ గమనికలుRajkot Investment Trust Ltd.

Mar 31, 2025

Earning Per Share[EPS]

Basic EPS is calculated by dividing the profit for the year attributable to equity holders of the company by the weighted average numbers of equity shares outstanding during the year.

Events After Reporting Period

There have been no events after reporting period that require adjustments / disclosures in these financial statements.

27 Concentration of NPAs.

i. Disclosures are made as per Ind AS financial statements except o therwise stated

29 Miscellaneous

a) Registration obtained from other financial sector regulators

During the current year and the previous year, the Company has not obtained any registration from other financial sector regulators.

b) Disclosure of Penalties imposed by RBI and other regulators

During the current year and the previous year, there are no penalties imposed by RBI and other regulators.

30 Borrowings From Banks

During the year under consideration Company has not taken any borrowings from banks and financial institutions.

(ii) Fair Value of Investment Property

During the year under consideration Company does not have any investment property.

(iii) Revaluation of Property , Plant and Equipment

During the year under consideration, the company has not revalued any of its Property , Plant and Equipment, as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(iv) Revaluation of Intangible Assets

During the year under consideration,the company has not revalued any of its intangible assets, as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

^(vii) Intangible Assets under Development

During the Year ,there were no Intangible Assets Under Development .

(viii

) Details of Benami Property Held

During the year under consideraiton, there were no proceedings intiated or pending against the company for holding and benami property under the Benami Transactions (Prohibition)Act, 1988.

(^ix) Details of Borrowings from banks against current assets .

During the year under consideraiton, the Company has not borrowed from banks or financial institutions , on the basis of security of current assets.

(x) Willful Defaulter

The Company is not declared wilful defaulter by any bank or financial institution or other lender, in accordance with the guidelines issued by the Reserve Bank of India.

(xii) Registration of Charge

There are no creation of charge or satisfaction of charge pending with Registrar of Companies beyond the statutary period.

(xiii

) Compliance with Number of Layers of Companies

The company does not hold any layers of companies prescribed under clause (87) of section 2 of the Companies Act 2013 read with Companies (Restriction on number of Layers) Rules, 2017.

(xv) Compliance with Approved Scheme of Arrangements

During the year under consideration, There were no Scheme of Arrangements approved by the Competent Authority in terms of Section 230 to 237 of the Companies Act, 2013.

(xvi

) Utilization of Borrowed Funds and Share Premium

The Company is a NBFC Registered under section 45 IA of Reserve Bank of India Act,1934 and holds valid certificate of registration dated August 05,1999 and its principal business is to provide loans .

A The company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall :

¦

ⁱ Has not directly or indirectly lended or invested in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries).

ii Has not provided any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

^B Where company has not received any fund from any person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the company shall

ⁱ has not 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

ii has not provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;

(xvii) Undisclosed Income

There were no undisclosed income that has been surrendered as income during the year in tax assessments under Income Tax Act, 1961.

(xviii) Corporate Social Responsibility

The Company (NBFC) is not covered under section 135 of the Companies Act , Hence CSR disclosures are not applicable.

(xix) Details of Crypto Currency or Virtual Currency

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

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Mar 31, 2024

10 PROVISIONS AND CONTINGENCIES

A provision is recognized when the Company has a present obligation as a result of past events and it
is probable that an outflow of resources will be required to settle the obligation in respect of which a
reliable estimate can be made. Provisions (excluding retirement benefits) are not discounted to their
present value and are determined based on the best estimate required to settle the obligation at the
Balance Sheet date. These are reviewed at each Balance Sheet date and adjusted to reflect the current
best estimates. Contingent liabilities are disclosed in the Notes. Contingent assets are not recognized in
the financial statements but are disclosed.

11 SHARE CAPITAL

Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of new
ordinary shares are recognized as a deduction from equity, net of any tax effects.

12 DERECOGNITION OF FINANCIAL INSTRUMENTS

The Company derecognizes a financial asset when the contractual rights to the cash flows from the
financial asset expire or it transfers the financial asset and the transfer qualifies for de recognition
under Ind AS 109. A financial liability (or a part of a financial liability) is derecognized from the
Company''s Balance Sheet when the obligation specified in the contract is discharged or cancelled or
expires.

13 IMPAIRMENT OF FINANCIAL ASSETS

The Company recognizes loss allowances using the expected credit loss (ECL) model for the financial
assets which are not fair valued through Statement of Profit and Loss. Loss allowance for trade
receivables with no significant financing component is measured at an amount equal to lifetime ECL.
For all other financial assets, expected credit losses are measured at an amount equal to the 12-month
ECL, unless there has been a significant increase in credit risk from initial recognition in which case
those are measured at lifetime ECL. The amount of expected credit losses (or reversal) that is required
to adjust the loss allowance at the reporting date to the amount that is required to be recognized is
recognized as an impairment gain or loss in Statement of Profit and Loss.

14 OPERATING CYCLE AND BASIS OF CLASSIFICATION OF ASSETS AND LIABILITIES

Based on the nature of activities of the Company and the normal time between the acquisition of assets
and their realization in cash and cash equivalents, the Company has determined its operating cycle as
12 months for the purpose of classification of its assets and liabilities as current and non-current.

Current versus non-current classification

The Company presents assets and liabilities in the Balance Sheet based on current/ non-current
classification. An asset is treated as current when it is:

- Expected to be realized or intended to be sold or consumed in normal operating cycle;

- Held primarily for the purpose of trading;

- Expected to be realized within twelve months after the reporting period, or

- Cash or cash equivalent unless 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.

A liability is current when:

- It is expected to be settled in normal operating cycle;

- It is held primarily for the purpose of trading;

- It is due to be settled within twelve months after the reporting period, or

- There is no unconditional right to defer the settlement of the liability for at least twelve months after
the reporting period.

All other liabilities are classified as non-current.

15 EARNING PER SHARE

Basic earnings per share have been computed by dividing profit attributable to owners of the Company
by the weighted average number of shares outstanding during the year. Diluted earnings per share has
been computed using the weighted average number of shares and dilutive potential shares, except
where the result would be anti-dilutive.

16 DIVIDENDS

Final dividends on shares are recorded as a liability on the date of approval by the shareholders and
interim dividends are recorded as a liability on the date of declaration by the company''s Board of
Directors.

17 STATEMENT OF CASH FLOWS

Statement of Cash flows is prepared under Ind AS 7 ''Statement of Cash flows'' specified under Section
133 of the Act. Cash flows are reported using the indirect method, whereby profit / (loss) before tax
and is adjusted for the effects of transactions of non-cash nature.

18 SECURITIES PREMIUM

Securities Premium is used to record the premium in issue of shares. It can be utilized only for limited
purpose in accordance with the provisions of the Companies Act, 2013.

19 RESERVE FUND IN TERMS OF SECTION 45-I OF THE RESERVE BANK OF INDIA ACT, 1934

Reserve Fund is created as per ther terms of section 45-IC(1) of the Reserve Bank of India Act,1934 as
a statutory reserve.

20 GENERAL RESERVE

Amount set aside from retained profits as a reserve to be utilized for permissible general purpose as
per Law.

In Terms of our Report Attached For & on Behalf of the Board

For C.P. JARIA & CO RAJKOT INVESTMENT PRIVATE LIMITED

Chartered Accountants

Firm No : 104058W

CA PANKAJ JAIN Renu Manendra Singh Shrikrishna Baburam Pandey

Partner Director Director

Membership No : 112020 (DIN: 00860777)) DIN : 07035767

Surat, May 30, 2024

UDIN NO: 24112020BKEYBH8403

Parth Ketanbhai Patel Surabhi Mahnot
CFO Company Secretary

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Mar 31, 2013

1. Segment Reporting

Based on the guiding principles given in Accounting Standard on 'Segment Reporting issued by The Institute of Chartered Accountants of India the Company's primary business segments are Share Trading & Investment.

2. All purchases of shares , debentures or bonds by the company are with a view of Investment(except those shown as for trading) in accordance with the Main objects of the company.

(i) Purchases of Investments include those in which the concerned scrips were not invariably transferred in the name of the Company, irrespectively of whether the same were subsequently sold.

(ii) For verification of investments as on 31-3-2013.

In the case of those scrips for which the concerned certificates duly transferred in the name of the company are not available with the company, purchase bills have been relied upon by the auditors.

3. There was no employee of the company who was in receipt of or entitled to receive emoluments in the aggregate at a rate of Rs. 25,000/- or more per month.

4. Balance confirmation of sundry debtors, sundry creditors, Advances recoverable are not obtained and are subject to confirmation.

5. Investment hedge (Net) in the Profit & Loss Account represent, settlements by way of price difference on purchases and sales (of shares and other scrips) as per brokers/parties bills.

6. In the case of market value of listed shares in investment whenever the quotation of any share as on 31st March 2013 has not been available, the earlier quotation available has been taken as market value.

7. Unclaimed dividend of Rs.24805/- is held in a separate Banking account(though not opened for the purpose) and no due amount is yet transferred to Government.

8. The Company is presently categorized as NBFC (Investment Co.) and not holding Public Deposits. However, during the year under audit, Company has not maintained dual criteria of asset income pattern. The Company has applied for decategorisation as the Company is purely a trading Company and dealing in Shares only without holding any Public Deposits.

9. Previous year figures have been regrouped whenever necessary

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Mar 31, 2012

1. All purchases of shares, debentures or bonds by the company are with a view of Investment(except those shown as for trading) in accordance with the Main objects of the company.

(i) Purchases of Investments include those in which the concerned scrips were not invariably transferred in the name of the Company, irrespectively of whether the same were subsequently sold.

(ii) For verification of investments as on 31-3-2012.

In the case of those scrips for which the concerned certificates duly transferred in the name of the company are not available with the company, purchase bills have been relied upon by the auditors.

2. There was no employee of the company who was in receipt of or entitled to receive emoluments in the aggregate at a rate of Rs. 25,000/- or more per month.

3. Balance confirmation of sundry debtors, sundry creditors, Advances recoverable are not obtained and are subject to confirmation.

4. Investment hedge (Net) in the Profit & Loss Account represent, settlements by way of price difference on purchases and sales (of shares and other scrips) as per brokers/parties bills.

5. In the case of market value of listed shares in investment whenever the quotation of any share as on 31st March 2012 has not been available, the earlier quotation available has been taken as market value.

6. Unclaimed dividend of Rs.26,590/- is held in a separate Banking account(though not opened for the purpose) and no due amount is yet transferred to Government.

7. Previous year figures have been regrouped whenever necessary

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Mar 31, 2011

1. Segment Reporting

Based on the guiding principles given in Accounting Standard on 'Segment Reporting issued by The Institute of Chartered Accountants of India the Company's primary business segments are Share Trading & Investment.

Financial information about the primary business segments are presented in the table given below:

2. All purchases of shares , debentures or bonds by the company are with a view of Investment(except those shown as for trading) in accordance with the Main objects of the company.

(i) Purchases of Investments include those in which the concerned scrips were not invariably transferred in the name of the Company, irrespectively of whether the same were subsequently sold.

(ii) For verificatin of investments as on 31-3-2013.

In the case of those scrips for which the concerned certificates duly transferred in the name of the company are not available with the company, purchase bills have been relied upon by the auditors.

3. There was no employee of the company who was in reciept of or entitled to receive emoluments in the aggregate at a rate of Rs. 25,000/- or more per month.

4. Balance confirmation of sundry debtors, sundry creditors, Advances recoverable are not obtained and are subject to confirmation.

5. Investment hedge (Net) in the Profit & Loss Account represent, settlements by way of price difference on purchases and sales (of shares and other scrips) as per brokers/parties bills.

6. In the case of market value of listed shares in investment whenever the quotation of any share as on 31st March 2013 has not been available, the earlier quotation available has been taken as market value.

7. Unclaimed dividend of Rs.24805/- is held in a separate Banking account(though not opened for the purpose) and no due amount is yet transferred to Government.

8. The Company is presently categorised as NBFC (Investment Co.) and not holding Public Deposits.However, during the year under audit, Company has not maintained dual criteria of asset income pattern. The Company has applied for decategorisation as the Company is purely a trading Company and dealing in Shares only without holding any Public Deposits.

9. Previous year figures have been regrouped whenever necessary