Regis Industries Ltd. కంపెనీ అకౌంటింగ్ విధానాలు

Mar 31, 2025

Note: 1 Significant Accounting Policies:

a) General:

i) Accounting policies not specifically referred to otherwise are in consistence with earlier
year and in consonance with generally accepted accounting principles.

ii) Expenses and income considered payable and receivable respectively are accounted for
on accrual basis.

b) Valuation of Inventories: Inventories are valued at cost. In determining cost FIFO method
is used.

c) Fixed assets and depreciation: There are no Fixed Assets in the company.

d) Investments: There is no Investment made by the company.

e) Foreign currency Transactions: There is no foreign currency transaction.

f) Retirement Benefits: Provident fund and employees state insurance scheme contribution
is not applicable to the company.

g) Taxes on Income:

Current Tax: Provision for Income-Tax is determined in accordance with the provisions of
Income-tax Act 1961.

Deferred Tax Provision: Deferred tax is recognized, on timing difference, being the
difference between the taxable incomes and accounting income that originate in one period
and are capable of reversal in one or more subsequent periods.

Note: 17 Balances of Sundry Debtors, Creditors, Loans and Advances are subject to
confirmation and reconciliation.

Note: 18 In the opinion of the Board of directors, the current assets, Loans & advances
are approximately of the value stated if realized in the ordinary course of
business. The provision of all known liabilities is adequate and not in excess of
the amount reasonably necessary.

Note: 19 No Remuneration paid to the directors during the year.

Note: 20 No related party transaction were carried out during the year.

Note: 21 there is no reportable segment as per the contention of the management.

Note: 22 Basic and Diluted Earnings per share (EPS) computed in accordance with

Accounting Standard (AS) 20 "Earning per Share"

Note: 24 previous year figures have been regrouped and recasted wherever necessary.
Note: 25 Other Notes

Additional Regulatory Information pursuant to Clause 6L of General Instructions for
preparation of Balance Sheet as given in Part I of Division II of Schedule III to the Companies
Act, 2013, are given hereunder to the extent relevant and other than those given elsewhere in
any other notes to the Financial Statements.

a. During the year ended March 31, 2025 and March 31, 2024, the Company has not advanced
or loaned or invested funds (either borrowed funds or share premium 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) 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) provide any guarantee, security or the like to or on behalf of the ultimate
beneficiaries.

Further, during the year ended March 31, 2025 and March 31, 2024, the Company has
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 Company shall: i) 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 ii) provide any guarantee, security, or the like on behalf of the
ultimate beneficiaries.

b. The Company has not invested or traded in Crypto Currency or Virtual Currency during the
year ended March 31, 2025 (Previous: NIL)

c. No proceedings have been initiated on or are pending against the Company for holding
benami property under the Prohibition of Benami Property Transactions Act, 1988 (as
amended in 2016) (formerly the Benami Transactions (Prohibition) Act, 1988 (45 of 1988))
and Rules made thereunder during the year ended March 31, 2025 (Previous year: Nil).

d. The Company has not been declared Willful Defaulter by any bank or financial institution or
government or any government authority during the year ended March 31, 2025 (Previous
year: Nil).

e. The Company has not surrendered or disclosed as income any transactions not recorded in
the books of accounts in the course of tax assessments under the Income Tax Act, 1961 (such
as, search or survey or any other relevant provisions of the Income Tax Act, 1961) during the
year ended March 31, 2025 (Previous year: Nil).

f. The Company does not have any transactions with the companies struck off under section
248 of the Companies Act, 2013 or section 560 of the Companies Act, 1956 during the year
ended March 31, 2025 (Previous year: Nil).

g. The Company has complied with the number of layers prescribed under clause (87) of
section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017.

Signature to Notes ''1'' to ''25''

As per our report on even date

FOR, RISHI SEKHRI & ASSOCIATES FOR & ON BEHALF OF THE BOARD

CHARTERED ACCOUNTANTS

FIRM NO: 128216W

CHANDRAKANT

CA RISHI SEKHRI PARMAR KELASH BUNKAR

PARTNER DIRECTOR DIRECTOR

M. No. 126656 DIN: 09406801 DIN: 10911360

UDIN:25126656NTWZKV5876

PLACE: MUMBAI
DATE: 22.05.2025

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Mar 31, 2024

Significant Accounting Policies:

a) General:

i) Accounting policies not specifically referred to otherwise are in consistence with earlier year and in consonance with generally accepted accounting principles.

ii) Expenses and income considered payable and receivable respectively are accounted for on accrual basis.

b) Valuation of Inventories: Inventories are valued at cost. In determining cost FIFO method is used.

c) Fixed assets and depreciation: There are no Fixed Assets in the company.

d) Investments: There is no Investment made by the company.

e) Foreign currency Transactions: There is no foreign currency transaction.

f) Retirement Benefits: Provident fund and employees state insurance scheme contribution is not applicable to the company.

g) Taxes on Income:

Current Tax: Provision for Income-Tax is determined in accordance with the provisions of Income-tax Act 1961.

Deferred Tax Provision: Deferred tax is recognized, on timing difference, being the difference between the taxable incomes and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

Note: 19 Balances of Sundry Debtors, Creditors, Loans and Advances are subject to confirmation and reconciliation.

Note: 20 In the opinion of the Board of directors, the current assets, Loans & advances are approximately of the value stated if realized in the ordinary course of business. The provision of all known liabilities is adequate and not in excess of the amount reasonably necessary.

Note: 21 No Remuneration paid to the directors during the year.

Note: 22 No related party transaction were carried out during the year.

Note: 23 there is no reportable segment as per the contention of the management.

Note: 24 Basic and Diluted Earnings per share (EPS) computed in accordance with

Accounting Standard (AS) 20 "Earning per Share"

Particulars	31.03.2024 Rs in Lakhs	31.03.2023 Rs in Lakhs
Numerator Profit / (Loss) after Tax	-93.06	-32.56
Denominator Weighted average number of Nos. Equity shares	1720.76	1620.76
EPS Basic Numerator/Denominator	-0.54	-0.20
EPS Diluted Numerator/Denominator	-0.54	-0.20

Note: 25
	Payment to Auditor''s	2023-24 Rs. In Lakhs	2022-23 Rs. In Lakhs
	For Audit	0.15	0.15
	For Company Matters	00	00

Note: 26 previous year figures have been regrouped and recasted wherever necessary.

Note: 27 Other Notes

Additional Regulatory Information pursuant to Clause 6L of General Instructions for preparation of Balance Sheet as given in Part I of Division II of Schedule III to the Companies Act, 2013, are given hereunder to the extent relevant and other than those given elsewhere in any other notes to the Financial Statements.

a. During the year ended March 31, 2024 and March 31, 2023, the Company has not advanced or loaned or invested funds (either borrowed funds or share premium 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) 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) provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries.

Further, during the year ended March 31, 2024 and March 31, 2023, the Company has 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 Company shall: i) 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 ii) provide any guarantee, security, or the like on behalf of the ultimate beneficiaries.

b. The Company has not invested or traded in Crypto Currency or Virtual Currency during the year ended March 31, 2024 (Previous: NIL)

c. No proceedings have been initiated on or are pending against the Company for holding benami property under the Prohibition of Benami Property Transactions Act, 1988 (as amended in 2016) (formerly the Benami Transactions (Prohibition) Act, 1988 (45 of 1988)) and Rules made thereunder during the year ended March 31, 2024(Previous year: Nil).

d. The Company has not been declared Wilful Defaulter by any bank or financial institution or government or any government authority during the year ended March 31, 2024 (Previous year: Nil).

e. The Company has not surrendered or disclosed as income any transactions not recorded in the books of accounts in the course of tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961) during the year ended March 31, 2024 (Previous year: Nil).

f. The Company does not have any transactions with the companies struck off under section 248 of the Companies Act, 2013 or section 560 of the Companies Act, 1956 during the year ended March 31, 2024 (Previous year: Nil).

g. The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017.

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Mar 31, 2023

Note: 18 Significant Accounting Policies:a) General:

i) Accounting policies not specifically referred to otherwise are in consistence with earlier year and in consonance with generally accepted accounting principles.

ii) Expenses and income considered payable and receivable respectively are accounted for on accrual basis.

b) Valuation of Inventories: Inventories are valued at cost. In determining cost FIFO method is used.

c) Fixed assets and depreciation: There are no Fixed Assets in the company.

d) Investments: There is no Investment made by the company.

e) Foreign currency Transactions: There is no foreign currency transaction.

f) Retirement Benefits: Provident fund and employees state insurance scheme contribution is not applicable to the company.

g) Taxes on Income:

Current Tax: Provision for Income-Tax is determined in accordance with the provisions of Income-tax Act 1961.

Deferred Tax Provision: Deferred tax is recognized, on timing difference, being the difference between the taxable incomes and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

Note: 19 Balances of Sundry Debtors, Creditors, Loans and Advances are subject to confirmation and reconciliation.

Note: 20 In the opinion of the Board of directors, the current assets, Loans & advances are approximately of the value stated if realized in the ordinary course of business. The provision of all known liabilities is adequate and not in excess of the amount reasonably necessary.

Note: 21 No Remuneration paid to the directors during the year.

Note: 22 No related party transaction were carried out during the year.

Note: 23 there is no reportable segment as per the contention of the management.

Note: 24 Basic and Diluted Earnings per share (EPS) computed in accordance with

Accounting Standard (AS) 20 "Earning per Share"

Particulars	31.03.2023 Rs.	31.03.2022 Rs.
Numerator Profit / (Loss) after Tax	-32,56,299	-90,45,267
Denominator Weighted average number of Nos. Equity shares	16207600	16207600
EPS Basic Numerator/Denominator	-0.20	-0.56
EPS Diluted Numerator/Denominator	-0.20	-0.56

Note: 25
	Payment to Auditor''s	2022 23 Rs.	2021 22 Rs.
	For Audit	15000	15000
	For Company Matters	00	00

Note: 26 previous year figures have been regrouped and recasted wherever necessary.

Note: 27 Other Notes

Additional Regulatory Information pursuant to Clause 6L of General Instructions for preparation of Balance Sheet as given in Part I of Division II of Schedule III to the Companies Act, 2013, are given hereunder to the extent relevant and other than those given elsewhere in any other notes to the Financial Statements.

a. During the year ended March 31, 2023 and March 31, 2022, the Company has not advanced or loaned or invested funds (either borrowed funds or share premium or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the nderstanding (whether recorded in writing or otherwise) that the Intermediary shall:

i) 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) provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries.

Further, during the year ended March 31, 2023 and March 31, 2022, the Company has 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 Company shall: i) 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 ii) provide any guarantee, security, or the like on behalf of the ultimate beneficiaries.

b. The Company has not invested or traded in Crypto Currency or Virtual Currency during the year ended March 31, 2023 (Previous: NIL)

c. No proceedings have been initiated on or are pending against the Company for holding benami property under the Prohibition of Benami Property Transactions Act, 1988 (as amended in 2016) (formerly the Benami Transactions (Prohibition) Act, 1988 (45 of 1988)) and Rules made thereunder during the year ended March 31, 2023(Previous year: Nil).

d. The Company has not been declared Wilful Defaulter by any bank or financial institution or government or any government authority during the year ended March 31, 2023 (Previous year: Nil).

e. The Company has not surrendered or disclosed as income any transactions not recorded in the books of accounts in the course of tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961) during the year ended March 31, 2023 (Previous year: Nil).

f. The Company does not have any transactions with the companies struck off under section 248 of the Companies Act, 2013 or section 560 of the Companies Act, 1956 during the year ended March 31, 2023 (Previous year: Nil).

g. The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017.