అకౌంట్స్ గమనికలుShree Salasar Investment Ltd.

Mar 31, 2025

7.3 Terms / rights attached to equity shares

i) The Company has only one class of equity shares having a par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share.

ii) In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

iii) The Company has neither alloted any shares pursuant to contracts without payment being received in cash nor has alloted any shares as bonus shares and has also not bought back any shares during the period of five years immediately preceding the reporting date.

iv) The Company is not a subsidiary company.

Note 20: Employee Benefit Obligation Provision for Gratuity

There were no employee on Company''s Payroll who was eligible for Gratuity Benefit as per the provisions of Payment of Gratuity Act, 1972, hence the Company has not made provision for Gratuity.

Note 22: Capital Commitment Capital Commitments:

The company did not have any outstanding capital commitments as of March 31,2025. (previous year- NIL)

Note 23: Contingent Liability

The company has assessed its operations and determined that there were no contingent liabilities requiring disclosure as of March 31, 2025. (previous year- NIL)

Note 24: Capital Management

Company''s policy is to maintain a strong capital base so as to maintain investor, creditor and market confidence and to sustain future economic development of the business. Management monitors the return on capital, as well as the level of dividends to equity shareholder. The board of directors seeks to maintain a balance between higher returns that might be possible with higher levels of borrowing and the advantages and security afforded by a sound capital position.

Note 25: Operating Segment

In the opinion of the chief operating decision maker, the company is mainly engaged in investment activities . All other activities of the company revolve around the main business and as such, there are no separate operating segments that require reporting under Ind AS 108.

Note 26: Corporate Social Responsibilty

As per Section 135 of the Companies Act, 2013 (''Act), a company, meeting the applicability threshold, needs to spend at least 2% of its average net profit for the immediately preceding three financial years on corporate social responsibility (CSR) activities.

The company''s net profits and networth is below the threshold limits, therefore the no expenditure has been incurred on the CSR activities during the FY 2024-25 (previous year: NIL)

Note 27: Trade Payable

a) Details of dues to Micro and Small Enterprises as per Micro, Small and Medium Enterprises Development Act, 2006

Under the Micro, Small and Medium Enterprises Development Act, 2006 (''MSMED'') which came into force from October 2,2006, certain disclosures are required to be made relating to Micro, Small and Medium enterprises. On the basis or the information and records available with the management, there are no outstanding dues to the Micro and Small enterprises as defined in the Micro, Small mid Medium Enterprises Development Act, 2006 except as set out in the following disclosures. The disclosure in respect of the amount payable to enterprises which have provided goods and services to the Company and which qualify under the definition of micro and small enterprises, as defined under Micro, Small and Medium Enterprises Development Act, 2006 has been made in the standalone financial statement as at March 31, 2025 and March 31, 2024 based on the information received and available with the Company.

Note 28: Income Taxes

As per Ind AS 12 ''Income taxes'', the company as on 31st March 2025 has accumulated business losses and short term losses. However, there is virtual uncertainity of future taxable profits on account of non reccuring business activities in the company, therefore, DTA has not been recognised in the books of account.

Valuation techniques used to determine fair value

Significant valuation techniques used to value financial instruments include:

• the fair value of forward foreign exchange contracts is determined using forward exchange rates at the balance sheet date. o Use of quoted market price or dealer quotes for similar instruments o Using discounted cash flow analysis.

Level 1: Level 1 hierarchy includes financial instruments measured using quoted prices.

Level 2: The fair value of financial instruments that are not traded in an active market is determined using valuation techniques which Level 3: If one or more of the significant input is not based on observable market data, the instrument is included in Level 3.

The fair values computed above for assets measured at amortised cost are based on discounted cash flows using a current borrowing rate. They are classified as level 2 fair values in the fair value hierarchy due to the use of unobservable inputs.

Note 31: Financial risk management objectives and policies

The Company has exposure to the following risks arising from financial instruments:

• Credit Risk ;

• Liquidity Risk ; and

• Market Risk

A. Credit risk

Credit risk refers to the risk of default on its obligation by the counterparty resulting in a financial loss. The company is exposed to credit risk from its operating activities (primarily for trade receivables) and from its financing activities (deposits with banks and other financial instruments).

Credit risk management

Credit risk is managed through credit approvals, establishing credit limits and continuously monitoring the creditworthiness of customers to which the Company grants credit terms in the normal course of business. The Company establishes an allowance for doubtful debts and impairment that represents its estimate of incurred losses in respect of trade and other receivables and investments.

The Company''s maximum exposure to credit risk as at 31st March, 2025 and 31st March, 2024 is the carrying value of each class of financial assets.

(I) Trade and other receivables

Concentration of credit risk with respect to trade receivables are low, due to the Company''s customer base being limited.All trade receivables are reviewed and assessed for default on a quarterly basis. Based on historical experience of collecting receivables indicate a low credit risk.

(II) Cash and Cash Equivalents

The Company held cash and bank balance with credit worthy banks of Rs. 2.43 Lakh at March 31, 2025 (March 31, 2024: Rs. 4.83 Lakh). The credit risk on cash and cash equivalents is limited as the Company generally invests in deposits with banks where credit risk is largely perceived to be extremely insignificant.

B. Liquidity risk

Liquidity risk is defined as the risk that the Company will not be able to settle or meet its obligations on time. For the Company, liquidity risk arises from obligations on account of financial liabilities i.e. trade payables.

Liquidity risk management

The Company''s approach to managing liquidity is to ensure that it will have sufficient funds to meet its liabilities when due without incurring unacceptable losses. In doing this, management considers both normal and stressed conditions. A material and sustained shortfall in our cash flow could undermine the Company''s credit rating and impair investor confidence.

C. Market risk

Market risk is the risk that changes in market prices such as foreign exchange rates, interest rates and equity prices will affect the Company''s income or the value of its holdings of financial instruments. Market risk is attributable to all market risk sensitive financial instruments. The Company is exposed to market risk primarily related to interest rate risk and the market value of the investments.

i) Currency Risk

The functional currency of the Company is Indian Rupee. Currency risk is not material, as the Company does not have any exposure in foreign currency.

ii) Interest Rate Risk

Interest rate risk can be either fair value interest rate risk or cash flow interest rate risk. Fair value interest rate risk is the risk of changes in fair values of fixed interest bearing investments because of fluctuations in the interest rates. Cash flow interest rate risk is the risk that the future cash flows of floating interest bearing investments will fluctuate because of fluctuations in the interest rates.

Exposure to interest rate risk

According to the Company interest rate risk exposure is only for floating rate borrowings. Company does not have any floating rate borrowings on any of the Balance Sheet date disclosed in this financial statements.

iii) Price Risk

Price risk is the risk that the fair value of a financial instrument will fluctuate due to changes in market traded price. It arises from financial assets such as investments in quoted instruments.

a. Fair value sensitivity analysis for fixed rate Instruments

The Company does not account for any fixed rate financial assets or financial liabilities at fair value through Profit or Loss. Therefore, a change in interest rates at the reporting date would not affect Profit or Loss.

b. Cash flow sensitivity analysis for variable rate Instruments

The company does not have any variable rate instrument in Financial Assets or Financial Liabilities.

The company is exposed to price risk from its investment in equity instruments classified in the balance sheet at fair value through other comprehensive income.

Note 32: Other Statutory Information

(a) The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

(b) The Company have not any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961

(c) The company is not declared as wilful defaulter by any bank or financial institution or other lenders.

(d) The Company does not have any approved schemes of arrangements during the year

No transactions to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:

(a) Crypto currency or Virtual Currency

(b) Benami property held under Benami T ransactions (Prohibition) Act, 1988 (45 of 1988)

Note 33: Disclosure with Struck off Comapanies

The Company does not have any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

Note 34: Undisclosed Income

During the year the company has not disclosed any income in terms of any transaction not recorded in the books of accounts that has been surrendered or disclosed as income in the tax assessment under the Income Tax Act 1961.

Note 35: Virtual Currency

The Company has not traded or invested in Crypto currenty or Virtual Currency during the financial year.

Note 36: Information required under section 186(4) of Companies Act 2013

There are no loans, guarantee given, securities provided by the company.

Note 37: Events after the reporting period

There was no significant event after the end of the reporting period which requires any adjustment or disclosure in the Financial Statements.

Note 38: Prior year Comparatives

Previous year figures have been re-grouped / re-classified, to conform to current period''s classification in order to comply with the requirement of the amended Schedule III to the Companies Act, 2013 effective April 1, 2021.

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Mar 31, 2024

viii Provisions & contingent liabilities

A provision is recognized if, as a result of a past event, the Company has a present legal or constructive obligation that is reasonably estimable, and it is probable that an
outflow of economic benefits will be required to settle the obligation. The contingent liabilities, if any, are disclosed in the financial statements.

ix Events occu rring after the reporting period

Adjustments to assets and liablities are made for events occurring afterthe reporting period to provide additional information materially affecting the determination of the
amounts of assets or liabilities relating to conditions existing at the reporting date.

x Earnings per equity share
1.07

xi Cash flow statement

Cash flows are reported using indirect method, whereby profits for the period 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.

xii Other income

Other income is comprised primarily of interest income, dividend income and income from liabilities no longer payable. Interest income is recognized using
effective interest method. Dividend income is recognised when the right to receive payment is established.

xiii Fair value measurements

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the
measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either:

a) In the principal market for the asset or liability, or

b) In the absence of a principal market, in the most advantageous market for the asset or liability

The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that
market participants act in their economic best interest.

A fair value measurement of a non-financial asset takes into account a market participant''s ability to generate economic benefits by using the asset in its
highest and best use or by selling it to another market participant that would use the asset in its highest and best use.

The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising
the use of relevant observable inputs and minimising the use of unobservable inputs.

All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorised within the fair value hierarchy, described as
follows, based on the lowest level input that is significant to the fair value measurement as a whole:

a) Level 1 — Quoted (unadjusted) market prices in active markets for identical assets or liabilities

b) Level 2 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable

c) Level 3 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable

At each reporting date, the Company analyses the movements in the values of assets and liabilities which are required to be re-measured or re-assessed as per
the Company''s accounting policies. For this analysis, the Company verifies the major inputs applied in the latest valuation by agreeing the information in the
valuation computation to contracts and other relevant documents.

For the purpose of fair value disclosures, the Company has determined classes of assets and liabilities on the basis of the nature, characteristics and risks of the
asset or liability and the level of the fair value hierarchy as explained above.

This note summarises accounting policy for fair value. Other fair value related disclosures are given in the relevant notes.

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Mar 31, 2012

1. In the opinion of Board, the Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business. The provisions for all known liabilities are adequate; there are no contingent liabilities other than those stated notes.

2. The Company has mainly activity of dealing in Shares/ properties. Hence income from them and Assets & Liabilities are considered only one segment. Therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICAI is not required.

3. In view of applicability of AS - 22, the company has Deferred tax liability of Rs.1859. deffered tax liability is due to timing difference in relation to depreciation . Current year 1859 last year NIL.

4. Pursuant to requirement of AS - 18 issued by ICAI the details of transactions carried out during the year with the related parties are disclosed as under:

5. Retirement benefits are not provided for as the same is treated on cash basis. Amount is unascertained.

6. Additional information to be given pursuant to para 3 & 4 of the Part II of schedule VI of the Companies Act, 1956 are nor applicable.

7. Figures of the previous year have been rearranged and/or regrouped wherever necessary to confirm with current year's presentation.

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Mar 31, 2011

1. In the opinion of Board, the Current Assets. Loans and Advances are approximately of the value stated if realized in the ordinary course of business. The provisions for all known liabilities are adequate, there are no contingent liabilities other than those stated notes.

2. The Company has mainly investing activity of Shares/ properties. Hence income from them and Assets & Liabilities are considered only one segment. Therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICA1 is not required.

3. In view of applicability of AS - 22, company does not have Deferred tax liability in view of carried forward losses. In the opinion of the management Deferred tax Asset is not recognized in view of uncertainty of future taxable profits.

4. Pursuant to requirement of AS - 18 issued by ICAI the details of transactions carried out during the year with the related parties are disclosed as under:

5. Additional information to be given pursuant to para 3 & 4 of the Part II of schedule VI of the Companies Act, 1956 are nor applicable.

6. Figures of the previous year have been rearranged and/or regrouped wherever necessary to confirm with current year's presentation.

7. Paise have been rounded off to nearest rupee.

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Mar 31, 2010

1. In the opinion of Board, the Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business. The provisions for all known liabilities are adequate, there are no contingent liabilities other than those stated notes.

2. The Company has mainly investing activity of Shares/ properties. Hence income from them and Assets & Liabilities are considered only one segment. Therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICAI is not required.

3. In view of applicability of AS - 22, company does not have Deferred tax liability in view of carried forward losses. In the opinion of the management Deferred tax Asset is not recognized in view of uncertainty of future taxable profits.

4. Additional information to be given pursuant to para 3 & 4 of the Part II of schedule VI of the Companies Act, 1956 are nor applicable.

5. Figures of the previous year have been rearranged and/or regrouped wherever necessary to confirm with current years presentation.

6. Paise have been rounded off to nearest rupee.

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Mar 31, 2009

1. In the opinion of Board, the Current Assets, Loans and Advances are approximately of the value stated if realised in the ordinary course of business. The provisions for all known liabilities are adequate, there are no contingent liabilities other than those stated notes.

2. Building represents cost of residential flat and includes Rs.250/~ being cost of five shares in the Co-operative Society.

3. a) In respect of Investments made 36,200 shares of M/s. Mansinghka Oil Products Limited and 18,300 shares of M/s. Shree Dhanop Finance & Consultancy Limited are held by company in its own name, 5,200 shares of Shree Dhanop Finance & Consultancy Limited have yet to be transferred in the companys name. The remaining share certificates of other companies have been taken into custody by the income-tax authorities. A receipt to this effect is held on record by the company.

b) No provision for diminution in market value of investments of Rsl25494l7- has been made during the year.

4. Contingent liability in respect of demand by Income-tax authorities not accepted and appealed against by the company.

Asst. Year Rupees

1982-83 3,21,426

1983-84 79,303

1984 85 23,967

1985-86 54,672

5. The Company has mainly investing activity of Shares/ properties. Hence income from them and Assets & Liabilities are considered only one segment. Therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICAI is not required.

6. In view of applicability of AS - 22, company does not have Deferred tax liability in view of carried forward losses. In the opinion of the management Deferred tax Asset is not recognized in view of uncertainty of future taxable profits.

7. Additional information to be given pursuant to para 3 & 4 of the Part II of schedule VI of the Companies Act, 1956 are nor applicable.

8. Figures of the previous year have been rearranged and/or regrouped wherever necessary to confirm with current years presentation.

9. Paise have been rounded off to nearest rupee.

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Mar 31, 2008

1 In the opinion of Board, the Current Assets, Loans and Advances arc approximately of the value stated if realized in the ordinary course of business The provisions for all known liabilities are adequate, there are no contingent liabilities other than those stated notes

2 Building represents cost of residential Hat and includes Rs 250/- being cost of five shares in the Co-operative Society

a) In respect of Investments made 36.200 shares of M/s. Mansinghka Oil Products Limited and 18,300 shares of M/s Shock Dhanop Finance & Consultancy Limited arc held by company in its own name. 5.200 shares of Shrcc Dhanop Finance & Consultancy Limited have yet to be transferred in the company ''s name The remaining share certificates of other Companies have been taken into custody by the income-tax authorities. A receipt to in is effect is held on record by the company

b) No provision for diminution in market value of investments of Rs 1254041/- has been made during the year

3 Contingent liability hi respect of demand by Income-tax authorities not accepted and appealed against by the company

ASSI- Year Rupees

1982-83 3.21.426

19X3-84 79.303

1984-85 23,967

1085-86 54.673

4. The Company has mainly investing activity of Shares/ properties. Hence income from them and Assets Liabilities arc considered only one segment therefore. Disclosure of segment repotting pursuant to AS - 17 issued by the ICA1 its not required

5 In view of applicability of AS 22. company does not have Deferred tax liability in view of corned forward losses In the opinion of the management Deferred tax Asset is not recognized in view of uncertainty of future taxable profits.

6 Pursuant to requirement of AS 18 issued by ICAL the details of transactions earned out dinner the year with the related parties are disclosed as under

7. Additional Information to be given pursuant to Para t & of the Part II of schedule VI of the Companies Act. 1956 are not applicable

8 ligules of the previous year have been rearranged and/or regrouped wherever necessary to confirm with current year''s presentation

9 Paisa have been rounded off to nearest rupee

10 Balance Sheet abstract and Company''s general business profile