అకౌంట్స్ గమనికలుSungold Media and Entertainment Ltd.

Mar 31, 2025

1.9 Provisions

a. General

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 will be required to settle the said obligation, and the amounts of the said obligation
can be reliably estimated.

Provisions are measured at the present value of the expenditures expected to be required to settle the relevant obligation,
using a pre-tax rate that reflects current market assessments of the time value of money (if the impact of discounting is
significant) and the risks specific to the obligation. The increase in the provision due to un-winding of discount over passage
of time is recognised within finance costs.

b. Contingencies

A disclosure for a contingent liability is made when there is a possible obligation or a present obligation that may, but
probably will not, require an outflow of resources. When there is a possible obligation or a present obligation in respect of
which the likelihood of outflow of resources is remote, no provision or disclosure is made.

1.10 Revenue recognition

Revenue is recognised when it is probable that the entity will receive the economic benefits associated with the transaction
and the related revenue can be measured reliably. Revenue is recognised at the fair value of the consideration received or
receivable, which is generally the transaction price, net of any taxes / duties, discounts and process waivers.

1.11 Borrowing costs

Borrowing costs consist of interest and other ancillary costs that the Company incurs in connection with the borrowing of
funds. The borrowing costs directly attributable to the acquisition or construction of any asset that takes a substantial period
to get ready for its intended use or sale are capitalized. All the other borrowing costs are recognised in the statement of profit
and loss within finance costs of the period in which they are incurred.

1.12 Earnings per share (''EPS'')

The Company presents the Basic and Diluted EPS data.

Basic EPS is computed by dividing the profit for the period attributable to the shareholders of the Company by the weighted
average number of shares outstanding during the period.

Diluted EPS is computed by adjusting, the profit for the year attributable to the shareholders and the weighted average
number of shares considered for deriving Basic EPS, for the effects of all the shares that could have been issued upon
conversion of all dilutive potential shares.

1.13 Segment Reporting

The Company operates only in one business and geographical segment. Therefore, segment information as per Ind AS-108,
''Segment Reporting'', has not been disclosed

1.14 Recent Accounting Pronouncements

The Ministry of Corporate Affairs ("MCA") notifies new standard or amendments to the existing standards. There is no such
notification which would have been applicable from April 1, 2022.

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Mar 31, 2024

Note (a): The business development assest comprises of expenditures incurred without revenue being recognised since pre production of the movie is delayed due to cast restructuring and other covid- 19 factors. Further, there is an outgoing development of Digital Application which is delayed due to technical glitches and frequent unavailability of app developers.

1.1) Details of the rights, preference and restrictions attached to each class of shares:

The Company has only one class of shares referred to as equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share. The dividend, if any, proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of the Company the shareholders 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.

Note 23: The Company has implemented several steps including work from home, strict practice of hygiene, health and sanitation across its offices and site locations due to Covid-19 situation. Given the uncertainties associated with pandemic''s nature and duration, the Company continues to closely monitor the changing situation.

Note 24: The Company does not have immovable property whose title deeds are not held in the name of the Company. The Company has not revalued its property, plant and equipment. The Company does not have any Capital WIP. The Company does not have any circuitous financial translations. The Company has not traded in any Crypto/Virtual currency.

Note 25: Previous year figure has been rearranged/ regrouped wherever necessary, to correspond with those of the current period''s classification.