అకౌంట్స్ గమనికలుSVA India Ltd.

Mar 31, 2025

Rights of Equity Share Holders

The Company has one class of equity shares having a par value of Rs. 10 per share. Each Sharehoder is eligible for one vote per share. The dividend proposed by the Board of Directors is subject to the approval of shareholders in the ensuing Annual General

28 Earnings Per Share (EPS)

Basic EPS amounts are calculated by dividing the profit/(loss) for the period attributable to equity holders by the weighted average number of equity shares outstanding during the Period.

Diluted EPS amounts are calculated by dividing the profit/(loss) attributable to equity holders by the weighted average number of equity shares outstanding during the period plus the weighted average number of equity shares that would be issued on conversion of all the dilutive potential equity shares into equity shares.

Note: Related party relationships as per Ind AS 24 have been identified by the management had relied upon by the auditors. All the transactions are carried at arm''s length price

Closing balances are presented net of taxes.

Terms and conditions of transactions with related parties

The transactions with related parties are in the ordinary course ofbusiness and are on terms equivalent to those that prevail in arm’s length transactions. Outstanding balances at the Period-end are unsecured and settlement occurs in cash. For the period ended 31 March 2025, the Companyhas not recorded any impairment ofreceivables relating to amounts owed by related parties. This assessment is undertaken each financial year through examining the financial position of the related parties and the market in which the related parties operate.

30 Segment information

The Company is engaged into one reportable business segment i.e. Engineering, Procurement and Construction''. No other operating segment has been aggregated to form the above reportable operating segment. The Company’s revenue, result, assets and liabilities are reported to the management for the purpose of resource allocation and assessment of segment performance.

31 Details of micro enterprises and small enterprises as defined under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006

The Company did not have any transactions with Small Scale Industrial (‘SME’s’) Undertakings during the year ended March 31, 2025 and hence there are no amounts due to such undertakings. Tie identification of SME’s undertakings is based on the management’s knowledge of their status.

The Company has not received any information from “suppliers” regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amount unpaid as at the year ended together with interest paid / payable as required under the said Act have not been furnished.

Capital Commitments

32 There are no capital commitments outstanding as at 31 March 2025.

34 Employee Benefits - Retirement benefits (a) Defined Contribution Plan:

An entity is not participating in any employer defined benefit plan that does prepare plan valuations on an Ind AS 19 basis. Company not having employee who served from more than 5 years.

34 Financial instruments - fair value measurements

Some of the Company''s financial assets and financial liabilities are measured at fair value at the end of each reporting period. Tie following table gives information about how the fair values of these financial assets and financial liabilities are determined (in particular the valuation techniques and inputs used).

Fair value hierarchy

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:

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

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

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

The Company has assessed that trade receivables, cash and cash equivalents, other financial assets, trade payables and other financial liabilities approximate their carrying amounts lately due to the short term nature of the instruments. Long term Borrowings are evaluated based on parameters such as interest rate and risk characteristic offinancial project. Based on the evaluation, no impact has been identified.

35 Financial risk management objectives and policies

The Company’s principal financial liabilities comprise of borrowings, trade payables, other payables and other financial liabilities. The main purpose of these financial liabilities is to finance the Company’s operations. The Company’s principal financial assets include trade and other receivables, other financial assets and cash and cash equivalents that arise directly from its operations.

The Company’s activities expose it to market risk, liquidity risk, credit risk and interest rate risk.

(A) Market Risk

Market risk is the risk of loss of future earnings, fair values or future cash flows that may result from a change in the price of a financial instrument. The value of a financial instrument may change as a result of changes in the interest rates, foreign currency exchange rates, and other market changes that affect market risk sensitive instruments. Market risk is attributable to all market risk sensitive financial instruments, including investments and deposits, payables and borrowings.

The Company’s overall risk management focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the financial performance of the Company.

Details relating to the risks are provided here below:

(i) Foreign currency risk

Foreign exchange risk is the risk ofimpact related to fair value or future cash flows of an exposure in foreign currency, which fluctuate due to changes in foreign exchange rates. The Company’s exposure to the risk of changes in foreign exchange rates relates to import of modules, wherever required.

The Company regularly evaluates exchange rate exposure arising from foreign currency transactions. The Company follows the established risk management policies. It uses derivative instruments like forward covers/swap to hedge exposure to foreign currency risk.

When a derivative is entered into for the purpose of hedge, the Company negotiates the terms of those derivatives to match the terms of the foreign currency exposure. The details of the foreign currency exposure and its carrying value are as follows:

Foreign currency sensitivity analysis

1% increase in foreign exchange rates will decrease profit before tax and decrease pre tax equitybyRs. 900.21 lacs (31 March 2024: Rs.862.42 lacs). If the rate is decreased by 1%, the profit before tax and pre tax equity will increase by an equal amount.

(A) Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in prevailing market interest rates. The Company’s exposure to the risk due to changes in interest rates relates primarily to the Company’s borrowings with floating interest rates. Interest rate sensitivity has been calculated assuming the borrowings outstanding at the reporting date have been outstanding for the entire reporting period. The Company constantly monitors the credit markets and revisits its financing strategies to achieve an optimal maturity profile and financing cost.

(B) Credit risk

Credit risk arises when a customer or counterparty does not meet its obligations under a customer contract or financial instrument, leading to a financial loss. The Company is exposed to credit risk from its operating activities primarily trade receivables and from its financing/investing activities, including deposits with banks and foreign exchange transactions.

The carrying amount of financial assets represents the maximum credit risk exposure.

a. Trade receivables

The Company has already evaluated the credit worthiness of its customers and did not find any credit risk related to trade receivables. As per simplified approach, the Company makes provision of expected credit losses on trade receivables using a provision matrix on the basis of its historical credit loss experience to mitigate the risk of default in payments and makes appropriate provision at each reporting date wherever outstanding is for longer period and involves higher risk.

Total trade receivables as on 31 March 2025 is Rs. 85,30 Lakhs.31 March 2024 was Rs. 81.93 Lakhs.

b. Cash and cash equivalents and bank deposits

Credit risk on cash and cash equivalents, deposits, is generally low as the Company has transacted with reputed banks.

(C) Liquidity risk

Liquidity risk is defined as the risk that the Company will not be able to settle or meet its obligations on time or at reasonable price. Prudent liquidity risk management implies maintaining sufficient cash and marketable securities and the availability of funding through an adequate amount of credit facilities to meet obligations when due. The management is responsible for managing liquidity, funding as well as settlement. Further the management monitors the Company’s liquidity position through rolling forecasts on the basis of expected cash flows.

The table below provides details of financial liabilities further, based on contractual undiscounted payments.

(D) Capital management

The Company’s objectives when managing capital are to safeguard the Company’s ability to continue as a going concern in order to provide maximum returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to reduce the cost of capital.

For the purposes of the Company’s capital management, capital includes issued capital, securities premium and all other equity reserves attributable to the equity holders.

The Company monitors capital using debt to equity ratio, which is net debt divided by total equity. The Company includes within net debt, interest bearing loan and borrowings, less cash and cash equivalents, excluding discontinued operations.

In addition, the Company has financial covenants relating to the borrowing facilities taken from the lenders like debt service coverage ratio, assets coverage ratio, debt-equity ratio and total outstanding liability to net worth ratio which are required to be maintained by the Company as per the terms and considerations of the loan agreement.

37 Other statutory information

a) The Company do not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property.

b) As per the information and explanations to us The Company do not have any transactions with companies struck off.

c) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial Period.

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

e) The Company has not been declared wilful defaulter by any bank or financial institution or other lender

f) The Company does not have any Intangible Assets, thus, disclosures relating to revaluation of Intangible Assets is not applicable.

g) The Company has not revalued its property, Plant and Equipment (including Right of use Assets), thus valuation by a registered valuer as defined under rule 2 of the Companies (Registered Valuers and Valuation) Rules, 2017 is not applicable.

h) The Company has not advanced or loaned or invested funds to any other person or entity, including foreign entities (Intermediaries) with the understanding 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.

i) The Company have 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

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Mar 31, 2024

m. Provision

A provision is recognized when the company has a present obligation as a result of past event, it is probable
that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable
estimate can be made of the amount of the obligation. Provisions are not discounted to their present value and
are determined based on the best estimate required to settle the obligation at the reporting date. These estimates
are reviewed at each reporting date and adjusted to reflect the current best estimates.

Where the company expects some or all of a provision to be reimbursed, for example under an insurance
contract, the reimbursement is recognized as a separate asset but only when the reimbursement is virtually
certain. The expense relating to any provision is presented in the statement of profit and loss net of any
reimbursement.

n. Cash and cash equivalents

Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short¬
term investments with an original maturity of three months or less.

o. Measurement of EBITDA

As permitted by the Guidance Note on the Revised Schedule of the Companies Act, 2013, the company has elected to
present earnings before interest, tax, depreciation and amortization (EBITDA) as a separate line item on the face of the
statement of profit and loss. The company measures EBITDA on the basis of profit / (loss) from continuing operations.
In its measurement, the company does not include depreciation and amortization expense, finance costs and tax
expenses.

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Mar 31, 2014

1 Figures have been stated in Lacs, unless otherwise stated.

2. Accounting standards as prescribed have been followed & reported wherever applicable except refer point no 16 in Significant Accounting Policies regarding accounting policy on foreign exchange transactions.

3. In the Opinion of the Board the current assets, loans and advances will fetch the amounts stated, if realized in the ordinary course of business and adequate provision for all known liabilities of the company has been made. Balances shown under Loans, Advances, Sundry Debtors & Creditors are subject to confirmation, reconciliation and subsequent adjustment if any.

4. a) According to management. Company has not given any guarantee on behalf of the Directors or other Companies.

5. The Company has not received information from vcndors/suppliers regarding their status under the "Micro, Small & Medium Enterprises Act, 2006" and hence disclosure relating to amount unpaid for the period end together with interest paid or payable under this Act has not been given.

6. According to management, No litigations are filed against or pending against the Company. Company docs not have any present obligation arising out of any past event Hence no provision arises or is made for contingent liabilities.

7. Previous Year''s figures have been regrouped / reclassified wherever considered necessary to make them comparable with the current year figures.

8. Fees paid to Auditor -

Particulars Amount

For Statutory Audit 18000/-

For other work -Nil-

9. Earning Per Share (on Face Value of Rs.10/- each)

In determining the Earnings Per share, the company considers the net profit after tax which includes any post tax effect of any extraordinary / exceptional item. The number of shares used in computing basic earnings per share is the weighted average number of shares outstanding during the period.

The number of shares used in computing Diluted earnings per share comprises the weighted average number of shares considered for computing Basic Earnings per share and also the weighted number of equity shares that would have been issued on conversion of ail potentially dilutive shares.

In the event of issue of bonus shares, or share split the number of equity shares outstanding is increased without an increase in the resources. The number of Equity shares outstanding before the event is adjusted for the proportionate change in number of equity shares outstanding as if the event had occurred at the beginning of the earliest period reported.

Basic Earning Per Share - (0.05)

Profit/(Loss) after Tax / Weighted Avg. Shares Outstanding - (161017)/3302600 - (Rs. 0.05)

Diluted Earning Per Share - (0.05)

Profit/(Loss) after Tax / Weighted Avg. Shares Outstanding - (161017)/3302600 - (Rs. 0.05)

Diluted EPS is similar to Basic EPS as there are no potential equity share as on date.

10. As none of the employees have completed the minimum length of service as provided in payment of gratuity Act. 1972, no provision for gratuity is required to be made.

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Mar 31, 2013

1. Contingent Liabilities not provided for:

Bank Guarantee Rs. 50,000/- (Previous Year Rs.50,000).

2. The appeal in High Court against ITAT order for A.Y. 98-99 is pending.

3. No provision has been made for increase in the value of Quoted shares in Closing Stock by (-) Rs. 199, 266.22

Note No.4 in Schedule 14 regarding non-provision for increase of the value of closing stock of quoted shares in trade to the extent of Rs. (2, 79,825.22) P.Y. Rs-(363,695.17) having consequential impact on the profit for the year, reserves and surplus and assets of the Company

4. Figures of previous year have been regrouped and recanted wherever necessary.

5. a) Remuneration of Whole Time Directors consist at Salary Rs. 735913/- (previous year Rs.799,524/-)

The Company has been advised that the computation of net profit for The purpose of Directors Remuneration u/s 349 of the Companies Act, 1956 need not be enumerated since no commission has been paid to the directors.

Auditors Remuneration F.Y.2012-13: Rs. 18000.00 ,

(i) CIF, C & F value of import purchase Rs 94,60,475/- (P.Y.Rs. 21,525,892/-) and High seas Sales Import !

purchase 82,78,144/-.(P.Y. Rs. 57,60,000/-).

ii) CIF, C & F value of export of Rs. 17,43,871 (P.Y. Rs. 46,29,319.60).

iii) Income & Expenditure in foreign currency.

Foreign traveling expenses Rs. 587,016/- (Previous year Rs. 663,126/-)

In the opinion of the Board the Current Assets, Loans and Advances are approximately of the value at least equal to the amount at which they are stated if realized in the ordinary course of business.

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Mar 31, 2012

1. Contingent Liabilities not provided for:

Bank Guarantee Rs. 50,000/- (Previous Year Rs.50,000).

2. The appeal in High Court against ITAT order for A.Y. 98-99 is pending.

3. No provision has been made for increase in the value of Quoted shares in Closing Stock by (-) Rs.279, 825.22

4. in Schedule 14 regarding non-provision for increase of the value of closing stock of quoted shares in trade to the extent of Rs. (2, 79,825.22) P.Y. Rs (363,695.17) having consequential impact on the profit for the year, reserves and surplus and assets of the Company

5. Figures of previous year have been regrouped and recasted wherever necessary.

6. a) Remuneration of Whole Time Directors consist at Salary Rs. 799,524/- (previous year Rs.400,992/-)

The Company has been advised that the computation of net profit for The purpose of Directors Remuneration u/s 349 of the Companies Act, 1956 need not be enumerated since no commission has been paid to the directors.

Auditors Remuneration F.Y.2010-2012 Rs 18,113/- (P.Y. Rs 15,750/-)

(i) CIF, C & F value of import purchase Rs 21,525.892/- (P.Y.Rs.48, 405,491/-) and High seas Sales Import purchase 5,760.000/- (P.Y. Rs. 25,941.000/-).

ii) CIF, C & F value of export of Rs. 4,629,319.60 (P.Y. Rs. 3, 547, 575).

iii) Income & Expenditure in foreign currency

Foreign traveling expenses Rs. 663,126/- (Previous year Rs. 466,584/-)

In the opinion of the Board the Current Assets, Loans and Advances are approximately of the value at least equal to the amount at which they are stated if realized in the ordinary course of business.

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Mar 31, 2010

1. Contingent Liabilities not provided for:

a) Bank Guarantee Rs. 50,000/- (Previous Year Rs.50000).

2. The appeal in High Court against ITAT order for A.Y. 98-99 is pending.

3. No provision has been made for increase in the value of Quoted shares in Closing Stock by (-) Rs. 86,932.30

Note No.4 in Schedule 14 regarding non-provision for Increase of the value of closing stock of quoted shares in trade to the extent of Rs. (86,932.30) P.Y. Rs 2,40, 507/- having consequential Impact on the profit for the year, reserves and surplus and assets of the Company

4. Figures of previous year have been regrouped and recasted wherever necessary

5. a) Remuneration of Whole Time Directors consist at Salary Rs. 4,05,343/- (previous year Rs.4,48,673/-)

b) The Company has been advised that the computation of net profit for The purpose of Directors Remuneration u/s 349 of the Companies Act, 1956 need not be enumerated since no commission has been paid to the directors.

c) Auditors Remuneration F.Y.2008-2009 Rs 15,750/- (P.Y. Rs 13,750/-)

1. (i) CIF , C & F value of import purchase Rs 36,816,689/- (P.Y.Rs.4,924,656/-) and High seas Sales Import purchase 8,156,000/- (P.Y. NIL).

ii) CIF, C & F value of export of Rs.186, 810.55 (P.Y.RS. 382, 719.05).

iii) Income & Expenditure in foreign currency.

a) Foreign traveling expenses Rs. 5,41,598/-(Previous year Rs.3,52,513/-)

2. In the opinion of the Board the Current Assets, Loans and Advances are approximately of the value at least equal to the amount at which they are stated if realized in the ordinary course of business.

3. Quantative details in respect of opening stock. Purchase, Sales and Closing Stock of finished Shares and goods are Enclosed in Annexure "A" and "B" annexed herewith.

4. There was marginal difference between the depreciation provision under the Companies Act and Income Tax Act. Hence, there is no provision of Deferred Taxation.

5. Provision /Clauses applicable to listed companies are not applicable to this company as companys shares are suspended on BSE, AND CSE during the year.

6. During the year the Company has provided Bad Debts of Rs. 26, 37,008.50 due to non recoverable from Madalsa International Ltd. as the Company was liquidated and the Company has realized Bad Debts recovery of Rs. 10, 00,000.00 from Tejas Shah (LAWA).

7. During the year the Company has withdrawn Cash Rs. 14, 75,815 is lying in Cash in Hand for the payment of Custom Duties and levy.

8. USD Purchases USD 6,83,350.00 and Sales USD 4,128.41

9. Donation of Rs.5, 03,802.00 to Mahabir Prasad Jatia Charitable Trust which is exempted u/s 80G of the Income tax Act.

10. Risk Management of Rs. 14, 69,211.12 due to hedging of Zinc because he Company was mainly involved in the import of Zinc Oxide.

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Mar 31, 2009

1. Contingent Liabilities not provided for:

a) Bank Guarantee Rs. 50,000/- (Previous Year Rs.50000).

2. The appeal in High Court against ITAT order for A.Y. 93 99 is pending and the decision from the Tribunal for A.Y. 97-98 is also pending.

3.No provision has been made for increase in the value of Quoted shares in Closing Stock by (-) Rs. 2, 40,507/-.

Note No.4 in Schedule 14 regarding non-provision for increase of the value of closing stock of quoted shares in trade to the extent of Rs. (2, 40,507/-) PY.Rs.4.33. 951/- having consequential impact on the profit for the Year, reserves and surplus and assets of the Company.

4. Figures of previous year have been regrouped and recasted wherever necessary.

5. a) Remuneration of Managing Director and Whoe Time Director consists at Salary Rs. 4,48,673/- (previous year Rs. 1,89,555/-)

b) The Company has been advised that the computation of net profit for The purpose of Directors Remuneration u/s 349 of the Companies Art, 1956 need not be enumerated since no commission has been paid to the directors.

c) Auditors Remuneration F.Y.2008-2009 Rs 13,750/-(P.Y. Rs 12,500/-)

1. (i) GIF , C & F value of import purchase Rs 49, 24.656/- (P.Y.Rs. 1,77,51.677/-) and

High seas Sales Import purchase (P.Y.Rs.14, 89,970/-).

ii) CIF, C & F value of export of Rs 3, 82,719.05 (P Y.Rs.1, 72, 96,903/-).

iii Income & Expenditure in foreign currency.

a) Foreign traveling expenses Rs. 3,52,513/-(Previous year Rs. 12,48,640/-)

2. In the opinion of the Board the Current Assets, Loans and Advances are approximately of the value at least equal to the amount at which they are stated if realized in the ordinary course of business.

3. Quantative details in respect of opening stock. Purchase, Sales and Closing Stock of finished Shares and goods are Enclosed in Annexure -A" and "B" annexed herewith.

4. There was marginal difference between the depreciation provision under the Companies Act and Income Tax Act. Hence, there is no provision of Deferred Taxation.

5. Provision /Clauses applicable to listed companies are not applicable to this company as companys are suspended on BSE, AND CSE during the year.