అకౌంట్స్ గమనికలుTrejhara Solutions Ltd.

2.13 Provisions and Contingent Liabilities and
Contingent Assets

Provisions are recognized when the Company
has a present obligation (legal or constructive),
as a result of a past event, it is probable that an
outflow of economic benefits will be required to
settle the obligation and a reliable estimate can
be made of the amount of the obligation.

Contingent liabilities are disclosed when there is
a possible obligation arising from past events, the
existence of which will be confirmed only by the
occurrence or non-occurrence of one or more
uncertain future events not wholly within the
control of the Company or a present obligation
that arises from past events where it is either
not probable that an outflow of resources will
be required to settle the obligation or a reliable
estimate of the amount cannot be made.

Contingent Assets are disclosed only when an
inflow of economic benefit is probable.

2.14 Cash and Cash Equivalents

Cash and cash equivalents comprise cash and
cash on deposit with banks and corporations. The
Company considers all highly liquid investments
with a remaining maturity at the date of purchase
of three months or less and that are readily
convertible to known amounts of cash to be
cash equivalents.

2.15 Impairment of Assets

i) Financial assets (Other than at Fair Value)

The Company applies the expected credit
loss model for recognising impairment loss
on financial assets measured at amortised

cost, debt instruments classified as FVTOCI,
trade receivables, unbilled receivables and
other financial assets. Expected credit loss
is the difference between the contractual
cash flows and the cash flows that the entity
expects to receive discounted using the
effective interest rate. Loss allowances for
trade receivables, unbilled receivables and
finance lease receivables are measured at
an amount equal to lifetime expected credit
loss. Lifetime expected credit losses are the
expected credit losses that result from all
possible default events over the expected
life of a financial instrument. Lifetime
expected credit loss is computed based on
a provision matrix which takes in to account,
risk profiling of customers and historical
credit loss experience adjusted for forward¬
looking information. For other financial
assets, expected credit loss is measured
at the amount equal to twelve months
expected credit loss unless there has been
a significant increase in credit risk from
initial recognition, in which case those are
measured at lifetime expected credit loss.

ii) Impairment of Investment in subsidiaries

The Company assesses investments in
subsidiaries for impairment whenever
events or changes in circumstances indicate
that the carrying amount of the investment
may not be recoverable. If any such
indication exists, the Company estimates
the recoverable amount of the investment
in subsidiary. The recoverable amount of
such investment is the higher of its fair value
less cost of disposal ("FVLCD") and its value-
in-use ("VIU"). The VIU of the investment is
calculated using projected future cash flows.
If the recoverable amount of the investment
is less than its carrying amount, the carrying
amount is reduced to its recoverable
amount. The reduction is treated as an
impairment loss and is recognized in the
statement of profit and loss.

iii) Non-financial assets

The Company assesses long-lived assets
such as property, plant and equipment, ROU
assets and intangible assets for impairment
whenever events or changes in circumstances
indicate that the carrying amount of an asset
or group of assets may not be recoverable.
If any such indication exists, the Company
estimates the recoverable amount of the
asset or group of assets.

Goodwill is tested for impairment at least
annually at the same time and when events
occur or changes in circumstances indicate
that the recoverable amount of the cash
generating unit is less than its carrying value.
The goodwill impairment test is performed at
the level of cash-generating unit or groups of
cash-generating units, which represents the
lowest level at which goodwill is monitored
for internal management purposes.

2.16 Financial Instruments

A financial instrument is any contract that
gives rise to a financial asset of one entity and
a financial liability or equity instrument of
another entity. Financial instruments also include
derivative contracts such as foreign exchange
forward contracts.

1. Measurement of Fair Value of Financial
Instruments

The Company''s accounting policies and
disclosures require measurement of fair
values for the financial instruments. The
Company has an established control
framework with respect to measurement
of fair values. The management regularly
reviews significant unobservable inputs
and valuation adjustments. If third party
information, such as broker quotes or pricing
services, is used to measure fair values,
then the management assesses evidence
obtained from third parties to support the
conclusion that such valuations meet the
requirements of Ind AS, including level in the
fair value hierarchy in which such valuations
should be classified.

When measuring the fair value of a financial
asset or a financial liability, the Company
uses observable market data as far as
possible. Fair values are categorised into
different levels in a fair value hierarchy
based on the inputs used in the valuation
techniques as follows.

Level 1: quoted prices (unadjusted) in active
markets for identical assets or liabilities.

Level 2: inputs other than quoted prices
included in Level 1 that are observable for the
asset or liability, either directly (i.e. as prices)
or indirectly (i.e. derived from prices).

Level 3: inputs for the asset or liability that
are not based on observable market data
(unobservable inputs).

If inputs used to measure fair value of an asset
or a liability fall into different levels of fair value
hierarchy, then fair value measurement is
categorised in its entirety in the same level of
fair value hierarchy as the lowest level input
that is significant to the entire measurement.
The Company recognises transfers between
levels of fair value hierarchy at the end of the
reporting period during which the change
has occurred.

2. Recognition

Initial Measurement

Financial assets and liabilities are
recognised when the Company becomes
a party to the contractual provisions of
the instruments. Financial assets and
liabilities are initially measured at fair
value. Transaction costs that are directly
attributable to the acquisition or issue of
financial assets and financial liabilities
(other than financial assets and financial
liabilities at fair value through profit or loss)
are added to or deducted from the fair value
measured on initial recognition of financial
asset or financial liability. Transaction costs
directly attributable to the acquisition of
financial assets or financial liabilities at fair
value through profit or loss are recognised
in profit or loss. However, trade receivables,
unbilled receivables and trade payables are
measured at the Transaction Price.

Subsequent Measurement

(a) Financial Assets

(i) Financial Assets At Amortised
Cost

Financial assets are subsequently
measured at amortised cost if
these financial assets are held
within a business whose objective
is to hold these assets in order
to collect contractual cash
flows and contractual terms of
the financial asset give rise on
specified dates to cash flows that
are solely payments of principal
and interest on the principal
amount outstanding.

(ii) Financial Assets At Fair Value
Through Other Comprehensive
Income (FVTOCI)

A financial asset is measured at
FVTOCI if it is held within a business
model whose objective is achieved
by both collecting contractual
cash flows and selling financial
assets and the contractual terms
of the financial asset give rise on
specified dates to cash flows that
are solely payments of principal
and interest on the principal
amount outstanding.

(iii) Financial Assets At Fair Value
Through Profit or Loss (FVTPL)

Financial assets are measured at
FVTPL unless they are measured
at amortised cost or at FVTOCI on
initial recognition. The transaction
costs directly attributable to the
acquisition of financial assets
and liabilities at fair value through
profit or loss are immediately
recognized in the statement of
profit and loss.

(iv) Investment in Equity instruments

The Company carries certain
equity instruments which are
not held for trading. At initial
recognition, the Company may
make an irrevocable election to
present subsequent changes in
the fair value of an investment
in an equity instrument in other
comprehensive income (FVTOCI)
or through statement of profit
and loss (FVTPL). For investments
designated to be classified as
FVTOCI, movements in fair value
of investments are recognized in
other comprehensive income and
the gain or loss is not transferred
to statement of profit and loss
on disposal of investments.
For investments designated
to be classified as FVTPL, both
movements in fair value of
investments and gain or loss
on disposal of investments are
recognized in the statement of
profit and loss.

(v) Investment in Subsidiaries

Investment in equity instruments
of subsidiaries are measured at
cost less impairment.

(vi) Derecongnition

The Company derecognises a
financial asset when the rights to
receive cash flows from the asset
have expired or it transfers the right
to receive the contractual cash
flow on the financial assets in a
transaction in which substantially
all the risk and rewards of
ownership of the financial asset
are transferred.

B) Financial Liabilities

All financial liabilities are recognized
at fair value and in case of loans, net
of directly attributable cost. Fees of
recurring nature are directly recognised
in the Statement of Profit and Loss as
finance cost. Financial liabilities are
carried at amortized cost using the
effective interest method. For trade
and other payables maturing within
one year from the balance sheet date,
the carrying amounts approximate
fair value due to the short maturity of
these instruments.

Derecognition

The Company derecognizes a financial
liability (or a part of a financial liability)
from the Company''s Balance Sheet
when the obligation specified in the
contract is discharged or cancelled
or expires.

C) Equity Instruments

An equity instrument is a contract
that evidences residual interest in the
assets of the Company after deducting
all of its liabilities. Equity instruments
recognised by the Company are
recognised at the proceeds received
net off direct issue cost.

D) Offsetting of Financial Instruments

Offsetting of financial instruments
Financial assets and financial liabilities
are offset and the net amount is
reported in the Balance Sheet if there
is a currently enforceable legal right
to offset the recognised amounts and
there is an intention to settle on a net
basis, to realise the assets and settle
the liabilities simultaneously.

2.17 Recent Pronouncements

Ministry of Corporate Affairs ("MCA") notifies
new standards or amendments to the existing
standards under Companies (Indian Accounting
Standards) Rules as issued from time to time. For
the year ended 31^st March, 2026, MCA has notified
following Amendment to Ind AS, applicable to the
Company w.e.f. 1^st April, 2025.

- Ind AS - 21 The Effects of Changes in Foreign
Exchange Rates - Lack of Exchangeability

- Ind AS 12 - Income Taxes relating to
International Tax Reform - Pillar Two Model
Rules - Exception to recognition and
disclosure of deferred tax

- Amendments to Ind AS 7 - Cash flow
statement and Ind AS 107 - Financial
Instrument - Disclosures relating to supplier
finance arrangements

- Ind AS 1 - Presentation of Financial Statements
- Classification of Liabilities as current or
non-current and non-current liabilities
with covenants.

The Company has reviewed the new
pronouncements and based on its evaluation has
determined that it does not have any significant
impact in its Standalone financial statements.

The MCA has issued certain amendments to
Indian Accounting Standards which are not yet
effective as at 31^st March, 2026. The Company has
not early adopted any standard, interpretation
or amendment that has been issued but is not
yet effective.

Note 4(i)(a) Goodwill arising on business combination is allocated to the Cash Generating Unit ("CGU") or group of
CGUs that are expected to benefit from the synergies of the combination and represents the lowest level at which
goodwill is monitored for internal management purposes, and which is not higher than an operating segment of
the Company. The Company performs impairment testing of goodwill at least annually or more frequently if events
or changes in circumstances indicate that the carrying amount may be impaired.

Note 5.1 During the earlier year, subsequent to the reassessment of the outlook of the overseas subsidiaries, the
Company has taken impairment provision to the extent of 52,000.00 lakhs in the carrying value of its investments
of Trejhara Pte Ltd.

Note 5.2 During the year, pursuant to the approval granted by the Board of Directors at its meeting held on 01
December, 2025, the Company completed the acquisition of 100% equity shares in LP Logistics Plus LLC for a total
consideration of USD 12.5 million. As per the agreed terms the payment of USD 9.5 million was made during the year
and remaining balance to be paid in one or more tranches, resultantly, LP Logistics Plus LLC became a wholly owned
subsidiary of the Company with effect from 23 March, 2026.

Note 5.3 During the year, the Company invested 52,850.00 Lakhs by subscribing to 28,50,000 Optionally Convertible
Redeemable Preference Shares ("OCRPS") of G S Marketing Associate Private Limited having a face value of 5100
each pursuant to the approval of the Investment Committee of the Board of Directors of the Company vide
resolution dated 04 February 2026, which were subsequently reclassified as Compulsorily Convertible Preference
Shares ("CCPS") by G S Marketing Associate Private Limited based on the consent of the Company.

Note 5.4 During the earlier years, subsequent to the reassessment of the outlook of the subsidiary''s financial
Statements, the Company has taken impairment provision to the extent of 56,395.00 lakhs in the carrying value
of its investments in Optionally Convertible Debenture of Auroscient Outsourcing Limited during the year ended 31
March, 2024.

Subsequently, during the year, the Company received partial repayment of 5648.00 Lakhs against the said OCDs.
Accordingly, the company reversed the impairment provision to the extent of the amount recovered, which resulted
into exceptional gain of 5648.00 Lakhs for the year ended 31 March, 2026.

Note 5.5 During the year, Auroscient Outsourcing Limited redeemed Optionally Convertible Debentures with principal
amounts of 51,405.00 Lakhs and 5648.00 lakhs, respectively.

Note 5.6 During the year, the Board of Directors of the Company, at its meeting held on 01 December, 2025, approved
the expansion of the Company''s business into the exhibitions and trade fairs segment through the incorporation of
a subsidiary, G S Marketing Associates Private Limited, in which the Company holds a 60% equity stake. Accordingly,
G S Marketing Associates Private Limited was incorporated on 21 January, 2026.

16.1. Authorised Share Capital:

a) During the previous year, the Authorised share capital of the Company increased from 51,550.00 lakhs to
52,500 Lakhs, pursuant to the Scheme of Amalgamation between LP Logistics Plus Chemical SCM Private
Limited and Trejhara Solutions Limited and their respective shareholders and creditors, sanctioned by the
Hon''ble National Company Law Tribunal, Mumbai Bench on 14 October, 2025 and made effective from 16
October, 2025.

b) During the year, the Company increased its authorised share capital from 52,500 Lakhs to 53,500 Lakhs
pursuant to the approval of the Board of Directors vide resolution dated 05 November, 2025 and approval of
the shareholders obtained on 03 December, 2025.

Note 16. Share Capital (Contd.)

16.2. Paid-up Share Capital

a) Share issued under Scheme of Amalgamation ("Merger"):

During the year, the Company allotted 89,89,344 equity shares of 510/- each, fully paid-up, to the
shareholders of LP Logistics Plus Chemical SCM Private Limited ("Transferor Company") towards discharge
of the consideration payable under the Scheme of Amalgamation.

b) Allotment of Equity Shares on Preferential basis

During the year, pursuant to the approval of Board of Directors dated 05 November, 2025, the allotment
committee of the Company at its meeting held on 10 February, 2026 allotted 6,11,112 Equity shares at an issue
price of 5216/- per equity share for an aggregate consideration of 51,320.00 Lakhs. The Company received
the trading approval for the equity shares arising out of the aforesaid allotment on 09 April, 2026.

ii) Terms/ rights attached to equity shares

The Company has only one class of equity shares having a par value of 510 per share. Each holder of equity
shares is entitled to one vote per share. In the event of liquidation of the Company, the holder of equity
shares will be entitled to receive remaining assets of the Company. The distribution will be in proportion to the
number of equity shares held by the shareholders.

iii) Equity Shares movement during five years proceeding 31 March, 2026

Shares alloted as fully paid up pursuant to contract without payment being received in cash

During the year, the Company allotted 89,89,344 equity shares of 510/- each, fully paid-up, to the shareholders of
LP Logistics Plus Chemical SCM Private Limited ("Transferor Company") towards discharge of the consideration
payable under the Scheme of Amalgamation on 05 November, 2025.

1. Reserve and Surplus

(i) Capital Reserve

Capital Reserve represents the reserve created on Scheme of amalgamation and business combination
and profit or loss on purchase, sale, issue or cancellation of the Company''s own equity instruments.

(ii) Securities Premium

Securities Premium is used to record premium on issuance of shares. The reserve shall be utilised in
accordance with provisions of the Companies Act, 2013.

(iii) Retained Earnings

Retained earnings are the profits that the Company has earned till date, less any transfers to general
reserve, dividends or other distributions paid to shareholders.

2. Other Comprehensive Income

Other Comprehensive Income refers to items of income and expenses that will and will not be reclassified to
statement of profit or loss.

3. Money Received against Share Warrants

During the year, the Company issued and allotted 68,97,000 convertible share warrants at an issue price of
5216/- per share warrant, aggregating to a total issue size of 514,897.52 Lakhs. In accordance with the applicable
provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Company received
25% of the warrant issue price as upfront consideration, amounting to 53724.38 Lakhs during the year.

Each Warrant is convertible into One Equity Share of the Company and the rights attached to Warrants can
be exercised at anytime, within a period of 18 months from the date of allotment of Warrants. Upon such
conversion, Warrant Holder will hold 22.24% equity shares in the Company, on fully diluted basis. Equity shares
issued upon exercise of Warrants, shall rank pari-passu to existing equity shares of the Company.

a) Loans and advances from related parties are interest free and repayable on demand.

b) Term of Repayment of Cash credit and working capital demand loan (WCDL) from bank:

i) Secured by a pari-passu charge on current assets along with an exclusive charge on fixed deposits.

ii) The loans carries interest at 8.40% per annum and WCDL is repayable Maximum tenor of each tranche
shall be 90 days from the date of disbursement.

Note 25. Revenue from Operations (contd.)

Note 25.3 The Company has transferred its Interactive Communication Business (Interact DX) to Aurionpro Solutions
Limited (''Aurionpro'') with effect from 30 September, 2023, in accordance with the terms of the Business Transfer
Agreement (BTA) that the Company agreed into with Aurionpro.

Aurionpro has started the process of executing novation agreements with the Company as well as with previous
customers. During the transition time, the Company is billed by Aurionpro of 5110.31 lakhs (Previous year 52,155.95
lakhs) and in turned back to back billing and transition support arrangement, the Company has billed revenue
and reimbursement of expenses to the erstwhile ultimate customers and Aurionpro respectively, hence reported
revenue by netting off to the extent in the Revenue from Operations.

Note 34.1 There is no investment in shares of the Company by such parties and is used for principal business
activity.

Note 35. Segment Reporting

The Company has presented segment information in the Consolidated Financial Statements. Accordingly, in terms
of Paragraph 4 of Ind AS 108 ''Operating Segments'', no disclosures related to segments are presented in these
standalone financial statements.

Note 36. Corporate Social Responsibility

The details of Corporate Social Responsibility as prescribed under section 135 of the Companies Act, 2013 is as follows:

Note 37.1. The warrants outstanding during the reporting period have not been considered in the calculation of
diluted earnings per share in accordance with Ind AS 33 - Earnings per Share, as the exercise price of the warrants
was higher than the average market price of the Company''s equity shares during the period. Accordingly, the
warrants were anti-dilutive and did not result in any incremental equity shares.

Note 38. Disclosure as per Section 186 of the Companies Act, 2013.

The details of loans, guarantees and investments under section 186 of the companies Act, 2013 read with the
companies Rules, 2014 are as follows.

Note 40. Capital Management

Equity share capital and other equity are considered for the purpose of Company''s capital management. The
Company manages its capital so as to safeguard its ability to continue as a going concern and to optimise returns
to shareholders. The capital structure of the Company is based on management''s judgement of its strategic and
day-to-day needs with a focus on total equity so as to maintain investor, creditors and market confidence.

Note 41. Financial Instruments

(i) Valuation

All financial instruments are initially recognized and subsequently re-measured at fair value as described
below:

The fair value of financial assets and liabilities are included at the amount at which the instrument could be
exchanged in a current transaction between the willing parties, other than in a forced or liquidation sale.

The fair value of investment in quoted Equity Shares, Bonds, Government Securities, Treasury Bills and Mutual
Funds is measured at quoted price or NAV.

The fair value of the remaining financial instruments is determined using discounted cash flow analysis.

The financial instruments are categorized into three levels based on the inputs used to arrive at fair value
measurements as described below:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities; and

Level 2: Inputs other than the quoted prices included within Level 1 that are observable for the asset or liability,
either directly or indirectly.

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

The carrying values of the financial instruments by categories were as follows:

Note 41. Financial Instruments (contd.)

(ii) Financial Risk Management

The Company''s business activities expose it to a variety of financial risks, namely (a) Market risks, (b) Credit Risk
and (c) Liquidity Risk,

The Company''s primary focus is to foresee the unpredictability of financial markets and seek to minimize
potential adverse effects on its financial performance.

The Company''s financial liabilities comprise of borrowings, trade payable and other liabilities to manage
its operation and the financial assets include trade receivables, deposits, cash and bank balances, other
receivables etc. arising from its operation.

(a) Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because
of changes in market prices. Market prices comprise three types of risk: a) Foreign currency rate risk, b)
interest rate risk and c) other price risks, such as equity price risk and commodity risk.

(a) ''Foreign Currency Risk : Foreign currency risk is the risk that the fair value or future cash flows of
an exposure will fluctuate because of changes in foreign exchange rates. The carrying amounts of
the Company''s net foreign currency exposure (net of forward contracts) denominated monetary
assets and monetary liabilities at the end of the reporting period as follows:

(b) 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, in cases where the borrowings are measured at fair value through
profit or loss. 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.

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.

Cash Flow Sensitivity Analysis for Floating-Rate Instruments :

Since there is not any floating-rate instruments, hence impact for the reporting period is Nil.

(c) Other Price Risks

i) Equity Price Risk

The Company is exposed to equity price risks arising from equity investments which is not
material

ii) Derivative Financial Instruments

The Company does not hold derivative financial instruments

(b) Credit Risk

Credit risk arises from the possibility that the counterparty will default on its contractual obligations
resulting in financial loss to the Company. To manage this, the Company periodically assesses the
financial reliability of customers, taking into account the financial conditions, current economic trends,
and analysis of historical bad debts and ageing of accounts receivable

(a) Trade Receivables

Our historical experience of collecting receivables is that credit risk is low. Hence, trade receivables
are considered to be a single class of financial assets. Credit risk has always been managed by each
business segment through credit approvals, establishing credit limits and continuously monitoring
the credit worthiness of customers to which the Company grants credit terms in the normal course
of business.

(b) Cash and Bank Balance

Credit risk on cash and cash equivalents is limited as the Company generally invests in deposits
with banks.

(c) Loans and Other Financial Assets

The Company is exposed to credit risk arising from its loans extended and other financial assets.
The Company manages this risk through credit assessment procedures, ongoing monitoring of
recoverability and ageing, and evaluation of the financial strength of counterparties. The maximum
exposure to credit risk is limited to the carrying amount of these loans and other financial assets.
The Company does not hold any collateral against these exposures.

(C) Liquidity Risk

Liquidity risk refers to risk of financial distress or extra ordinary high financing cost arising due to shortage
of liquid funds in a situation where business conditions unexpectedly deteriorate and require financing.
The Company''s objective is to maintain at all times optimum levels of liquidity to meet its cash and
collateral requirements. Processes and policies related to such risk are overseen by senior management
and management monitors the Company''s net liquidity position through rolling forecast on the basis of
expected cash flows.

Note 42. Employee Benefits
Defined Contribution Plans

The Company makes contributions, determined as a specified percentage of employee salaries, in respect of
qualifying employees towards provident fund, ESIC and other funds which is a defined contribution plan. The
Company has no obligations other than to make the specified contributions. The contributions are charged to the
Statement of Profit and Loss as they accrue.

The Company has recognised charges of 552.70 Lakhs (previous year: 552.87 Lakhs) for provident fund, ESIC and
other funds is included in "Note 28 Employee Benefits Expenses" in the Statement of Profit and Loss.

Defined Benefit Plans

The Company has a scheme for payment of gratuity to all its employees in accordance with the provisions under
the Code on Social Security, 2020 or as per the Company Scheme, as applicable. Vesting occurs upon completion
of contractual period of continuous years of service as defined in the Code on Social Security,2020. The Company
provides for period end liability using the projected unit credit method as per the actuarial valuation carried out by
independent actuary. The gratuity plan is a unfunded plan.

The following table sets out the status of the Gratuity Plan as required under Indian Accounting Standard ("Ind AS")
19 "Employee Benefits".

Note 42.1. Pursuant to the Government of India notification dated November 21, 2025, whereby New Labour
Codes were notified, the management had assessed and disclosed the additional Impact of the New Labour
Codes on the Company''s employee benefit obligations and accordingly recognised an estimated additional
cost of ''37.97 Lakhs under "Exceptional Item" in the standalone financial statements for the year ended 31
March, 2026. The Company has considered restructured compensation of its employees with effect from 01
April, 2026, and assessed the impact of the changes, consistent with the Labour Codes, draft rules, FAQs, and
legal opinion.

The Company will continue to monitor further developments including the finalization of the central and state
rules under the New Labour Codes, which are yet to be notified and shall evaluate and give effect to any
consequential accounting adjustments, if any arising therefrom in future periods, as and when required.

i) The Company does not face a significant liquidity risk with regard to its lease liabilities as the current assets
are sufficient to meet the obligations related to lease liabilities as and when they fall due.

ii) Rental expense recorded for short-term leases was 547.57 lakhs and 541.58 lakhs for the year ended 31
March, 2026 and 31 March, 2025 respectively.

iii) Applied the exemption not to recognize right to use assets and liabilities for leases with less than 12 months
of lease term on the date of initial application and Leases for which the underlying asset is of low value.

Note 45. Equity Share allottment on Scheme of Amalgamation

The Scheme of Amalgamation ("the Scheme") of LP Logistics Plus Chemical SCM Private Limited ("Transferor
Company") with Trejhara Solutions Limited ("the Company") was sanctioned by the Hon''ble National Company Law
Tribunal (NCLT), Mumbai Bench-I, vide its order dated 14 October, 2025. The certified copy of the said order was
filed with the Registrar of Companies on 16 October, 2025, and accordingly, the Scheme became effective from the
Appointed Date, i.e., 1 April, 2024.

In accordance with the Scheme, the entire share capital of the Transferor Company stands cancelled and
extinguished. As consideration, 2 (Two) fully paid-up equity shares of face value of 510 each of the Company are to
be issued for every 1 (One) fully paid-up equity share of face value of 510 each held in the Transferor Company, in
accordance with the approved Share Exchange Ratio.

During the year ended 31 March, 2026, the Company allotted the equity shares to the eligible shareholders of the
Transferor Company in accordance with the approved Share Exchange Ratio, thereby giving full effect to the
consideration specified under the Scheme.

Note 46. Disclosure requirements as notified by MCA pursuant to amended Schedule III

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

Definitions:

1 Current Ratio (in times) = Current Assets /Current Liabilities

2 Debt Equity Ratio (in times) = Debt (Borrowings) / Equity

3 Debt Service Coverage Ratio (in times) = Earnings for debt service (Net Profit after tax Non-cash
operating expenses: depreciation and amortisation Finance Cost Exceptional Loss) / Debt service
(Interest & Lease Payments Principal Repayments of long term borrowings)

4 Return on Equity Ratio (in %) = Net Profit After Tax / Average Shareholder equity

Note 46. Disclosure requirements as notified by MCA pursuant to amended Schedule III (contd.)

5 Inventory Turnover Ratio (in times) = Cost of goods sold / Average Inventory

6 Trade Receivables Turnover Ratio (in times) = Revenue from operations / Average Trade Receivables

7 Trade Payables Turnover Ratio (in times) = Operating Expenses and Other expenses / Average Trade
Payables

8 Net Capital Turnover Ratio (in times) = Revenue from operations / Working Capital

9 Net Profit Ratio (in %) = Net Profit After Tax / Revenue from operations

10 Return on Capital Employed (in %) = Earnings before interest and tax / Capital employed (Net worth
Long term borrowings-Deferred tax assets)

11 Return on Investment (in %) = Interest income on bank deposits / Bank Fixed Deposits

(ii) The Company did not have any transactions with companies struck off under Section 248 of the Companies
Act, 2013 or Section 560 of Companies Act, 1956 during the financial year.

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

(iv) The Company has not been declared as a wilful defaulter by any lender who has powers to declare a company
as a wilful defaulter at any time during the financial year or after the end of reporting period but before the
date when the financial statements are approved.

(v) The Company does not have any cases where quarterly returns or statements of current assets filed by the
Company with banks or financial institutions are not in agreement with the books of accounts.

(vi) The Company does not have any charges or satisfaction which is yet to be registered with the Registrar of
Companies (ROC) beyond the statutory period

(vii) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year

(viii) The company has not advanced or loaned or invested funds to any other person(s) or entity(is), including
foreign entities(intermediaries), with the understanding that the intermediary shall

(a) 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

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

(ix) The Company has not received any funds 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

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries,

(x) The Company does not have any transactions which is not recorded in the books of accounts but 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)

(xi) The Company has complied with the number of layers prescribed under clause (87) of section 2 of the
Companies Act 2013 read with Companies (Restrictions on number of Layers) Rules, 2017.

Note 47. Audit Trail

The Company uses an accounting software for maintaining its books of account which has a feature of recording
audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded
in the accounting software except that evidence of the audit trail feature being enabled and operated for direct
changes to underlying database of the ERP software. Further, there is no instance of audit trail feature being
tampered with relevant to transactions recorded in the accounting software where such feature is enabled.

Note 48. Events occurring after the Balance Sheet Date

The Board of Directors of the Company at its meeting held on 21 May, 2026 approved the "Trejhara Solutions
Limited- Employee Stock Purchase Scheme, 2026" (''Scheme''), in accordance with SEBI (Share Based Employee
Benefits and Sweat Equity) Regulations, 2021, pursuant to recommendation of the Nomination and Remuneration
Committee. The implementation of the scheme is subject to receipt of requisite approvals from the shareholders
of the Company and the Stock Exchange.

Note 49. Prior Period of Comparative

The previous figures have been regrouped/ reclassified wherever necessary to make them comparable with those
of the current year.

Note 50. Authorisation of Financial Statements

The Standalone financial statements were approved by the Board of Directors on 21 May, 2026.

Note 4(i)(a) Goodwill arising on business combination is allocated to the Cash Generating Unit ("CGU") or group of CGUs that are expected to benefit from the synergies of the combination and represents the lowest level at which goodwill is monitored for internal management purposes, and which is not higher than an operating segment of the Company. The Company performs impairment testing of goodwill at least annually or more frequently if events or changes in circumstances indicate that the carrying amount may be impaired.

Note 5.1 During the previous year, In furtherance to the approval received from Board of Directors and Shareholders of the Company on 09 November, 2023 and 06 March, 2024 respectively for the divestment of Aurionpro Solutions W.L.L. for an aggregate consideration of US$ 6.5 Mn (6 March, 2024 55427.65; 31 March , 2025 5 5,562.79 lakhs) and the Company has considered reversal of impairment provisions of investment of 5 1,173.88 lakhs and shown as an exceptional item gain against the investments impairment provision of 5 6,500.00 Lakhs of earlier years.

Note 5.2 During the earlier year, subsequent to the reassessment of the outlook of the overseas subsidiaries, the Company has taken impairment provision to the extent of 5 2000.00 lakhs in the carrying value of its investments of Trejhara Pte Ltd.

Note 5.3 During the previous year, subsequent to the reassessment of the outlook of the subsidiary''s financial Statements, the Company has taken impairment provision to the extent of 5 6,395.00 lakhs in the carrying value of its investments in Optionally Convertible Debenture of Auroscient Outsourcing Limited during the year ended 31 March, 2024.

Note 5.4 During the year, Auroscient Outsourcing Limited has redeemed Optionally Convertible Debenture amounting of 5 1229.00.

Note 16.1: Pursuant to the Scheme of Amalgamation between LP Logistics Plus Chemical SCM Private

Limited and Trejhara Solutions Limited, sanctioned by the Hon''ble National Company Law Tribunal, Mumbai Bench on 14 October, 2025 and made effective from 16 October, 2025, the authorised share capital of the Company has been increased from 515,50,00,000 (Rupees Fifteen Crore Fifty Lakh only) divided into 1,55,00,000 (One Crore Fifty-Five Lakh) equity shares of 510 each to 520,50,00,000 (Rupees Twenty Crore Fifty Lakhs only) divided into 2,05,00,000 (Two Crores Five Lakh) of 510 each by addition of the existing authorised share capital of the Amalgamating Company. Subsequently, in order to accommodate the allotment of shares to be made pursuant to the Scheme, the Company further increased its authorised share capital by 54,50,00,000 (Rupees Four Crore Fifty Lakh only), resulting in a total authorised share capital of 525,00,00,000 (Rupees Twenty-Five Crore only) divided into 2,50,00,000 (Two Crore Fifty Lakh) equity shares of 510 each.

Note 16.2: Pursuant to the Scheme of Amalgamation ("the Scheme") sanctioned by the Hon''ble National

Company Law Tribunal (NCLT),Mumbai Bench on 14 October, 2025, the Board of Directors approved the allotment of 89,89,344 (Eighty-Nine Lakh Eighty-Nine Thousand Three Hundred Forty-Four) equity shares of 510 each, fully paid-up at its board meeting held on 05 November, 2025, to the shareholders of LP Logistics Plus Chemical SCM Private Limited ("Transferor Company") for consideration other than cash, in accordance with the share-exchange ratio prescribed under the Scheme. These shares are pending to be issued to the eligible shareholders pursuant to Scheme of Amalgamation

ii) Terms/ rights attached to equity shares

The Company has only one class of equity shares having a par value of 510 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the Company, the holder of equity shares will be entitled to receive remaining assets of the Company. The distribution will be in proportion to the number of equity shares held by the shareholders.

During the previous year, the Board of Directors and the Members of the Company approved, by way of a Special Resolution passed on 29 September, 2023, the issuance of 27,00,000 equity shares on a preferential basis at an issue price of 590/- per share. Further, the Allotment Committee of the Board, at its meeting held on 1 December, 2023, approved the allotment of the said equity shares as per the relevant provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Note 17.1

1. Reserve and Surplus

(i) Capital Reserve

Capital Reserve represents the reserve created on Scheme of amalgamation and business combination and profit or loss on purchase, sale, issue or cancellation of the Company''s own equity instruments.

(ii) Securities Premium

Securities Premium is used to record premium on issuance of shares. The reserve shall be utilised in accordance with provisions of the Companies Act, 2013.

(iii) Retained Earnings

Retained earnings are the profits that the Company has earned till date, less any transfers to general reserve, dividends or other distributions paid to shareholders.

2. Other Comprehensive Income

(i) Remeasurement of defined benefit plans

Other Comprehensive Income Comprise Re-measurement of actuarial assumption through OCI

Note 20.1

a) Loans and advances from related parties are interest free and repayable on demand.

b) Bank Overdraft and Working Capital loan availed by the Transferor Company is secured by a pari-passu charge on current assets and receivables, along with an exclusive charge on fixed deposits amounting to 5350 lakhs held in its name. The loan carries interest at 10.30% per annum and is repayable within 90 days from the date of disbursement. Pursuant to the approved Scheme of Amalgamation, these charges registered in the name of the Transferor Company are in the process of being transferred and recorded in the name of the Company. The necessary filings and formalities with the Registrar of Companies are currently underway

Note 25.2 Revenues in excess of invoicing are classified as contract assets (which is referred as unbilled revenues). Changes in contract assets are directly attributable to revenue recognised based on the accounting policy defined and the invoicing done during the year. Applying the practical expedient as given in Ind AS 115, the Company has not disclosed the remaining performance obligation related disclosures as the revenue recognised corresponds directly with the value to the customer of the Company''s performance completed to date.

Note 25.3 The Company has transferred its Interactive Communication Business (Interact DX) to Aurionpro with effect from 30 September, 2023, in accordance with the terms of the Business Transfer Agreement (BTA) that the Company agreed into with Aurionpro Solutions Limited (''Aurionpro'').

Aurionpro has started the process of executing novation agreements with the Company as well as with previous customers. During the transition time, the Company is billed by Aurionpro of E 2,155.95 lakhs (Previous year E2,513.79 lakhs) and in turned back to back billing and transition support arrangement, the Company has billed revenue and reimbursement of expenses to the erstwhile ultimate customers and Aurionpro respectively, hence reported revenue by netting off to the extent in the Revenue from Operations.

Note. 31.1 During the previous year, subsequent to the reassessment of the outlook of the subsidiary financials, the Company has taken impairment provision to the extent of E 6,494.23 lakhs in the carrying value of its investments and other assets shown as an exceptional item in the financial results during the year ended 31 March, 2024. This exceptional item represents a significant and non-recurring transaction or event that is material to the financial performance and position of the Company.

Note 31.2 During the previous year, the Company completed the sale of the Interactive Communication Business (Interact DX) as a going concern and on a slump sale basis to Aurionpro Solutions Limited (Aurionpro) for an all cash composite consideration of E 14,000 lakhs, which includes equally for the Company''s India and Singapore businesses, following shareholder approval on 29 September, 2023 and execution of the Business Transfer Agreement (BTA) on 30 September, 2023. The Company has accounted for this transaction in accordance with Ind AS 105 "Non-current Assets Held for Sale and Discontinued Operations" and Ind AS 103 "Business Combination" and has considered the ''Agreement Effective Date'', i.e. close of business hours on 30 September, 2023, as the date of transfer. The gain of E 5,155.77 lakhs on slump sale of India operations business being the difference between sale consideration and net assets transferred shown as an exceptional item in the previous year statement of profit and loss.

Note 31.3 During the previous year, in furtherance to the approval received from Board of Directors and Shareholders of the Company on 09 November, 2023 and 06 March, 2024 respectively for the divestment of Aurionpro Solutions W.L.L., for an aggregate consideration of US$ 6.5 Mn (E 5562.79 lakhs) and loss of E 5,326.12 lakhs as against impairment of provisions of Rs 6,500 lakhs was considered on divestment of investment and shown reversal of impairment of provisions as an Exceptional item gain of E 1,173.88 lakhs.

Note 32.1 Disclosure on Long term contracts :- The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses.

Note 34. Segment Reporting

The Company has presented segment information in the Consolidated Financial Statements. Accordingly, in terms of Paragraph 4 of Ind AS 108 ''Operating Segments'', no disclosures related to segments are presented in these standalone financial statements.

Note 37. Disclosure as per Section 186 of the Companies Act, 2013.

The details of loans, guarantees and investments under section 186 of the companies Act, 2013 read with the companies Rules, 2014 are as follows.

Note 39. Capital Management

Equity share capital and other equity are considered for the purpose of Company''s capital management. The Company manages its capital so as to safeguard its ability to continue as a going concern and to optimise returns to shareholders. The capital structure of the Company is based on management''s judgement of its strategic and day-to-day needs with a focus on total equity so as to maintain investor, creditors and market confidence.

Note 40.Financial Instruments (i) Valuation

All financial instruments are initially recognized and subsequently re-measured at fair value as described below:

The fair value of financial assets and liabilities are included at the amount at which the instrument could be exchanged in a current transaction between the willing parties, other than in a forced or liquidation sale.

The fair value of investment in quoted Equity Shares, Bonds, Government Securities, Treasury Bills and Mutual Funds is measured at quoted price or NAV.

The fair value of the remaining financial instruments is determined using discounted cash flow analysis.

The financial instruments are categorized into three levels based on the inputs used to arrive at fair value measurements as described below:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities; and

Level 2: Inputs other than the quoted prices included within Level 1 that are observable for the asset or

liability, either directly or indirectly.

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

The Company''s business activities expose it to a variety of financial risks, namely (a) Market risks, (b) Credit Risk and (c) Liquidity Risk,

The Company''s primary focus is to foresee the unpredictability of financial markets and seek to minimize potential adverse effects on its financial performance.

The Company''s financial liabilities comprise of borrowings, trade payable and other liabilities to manage its operation and the financial assets include trade receivables, deposits, cash and bank balances, other receivables etc. arising from its operation.

(a) Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market prices comprise three types of risk: a) Foreign currency rate risk, b) interest rate risk and c) other price risks, such as equity price risk and commodity risk.

(a) Foreign Currency Risk : Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates. The carrying amounts of the Company''s net foreign currency exposure (net of forward contracts) denominated monetary assets and monetary liabilities at the end of the reporting period as follows:

(b) 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, in cases where the borrowings are measured at fair value through profit or loss. 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.

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.

Cash Flow Sensitivity Analysis for Floating-Rate Instruments :

Since there is not any floating-rate instruments, hence impact for the reporting period is Nil.

(c) Other Price Risks

i) Equity Price Risk

The Company is exposed to equity price risks arising from equity investments which is not material

ii) Derivative Financial Instruments

The Company does not hold derivative financial instruments

(B) Credit Risk

Credit risk arises from the possibility that the counterparty will default on its contractual obligations resulting in financial loss to the Company. To manage this, the Company periodically assesses the financial reliability of customers, taking into account the financial conditions, current economic trends, and analysis of historical bad debts and ageing of accounts receivable.

(a) Trade Receivables

Our historical experience of collecting receivables is that credit risk is low. Hence, trade receivables are considered to be a single class of financial assets. Credit risk has always been managed by each business segment through credit approvals, establishing credit limits and continuously monitoring the credit worthiness of customers to which the Company grants credit terms in the normal course of business.

Credit risk on cash and cash equivalents is limited as the Company generally invests in deposits with banks The Company is exposed to credit risk arising from its loans extended and other financial assets. The Company manages this risk through credit assessment procedures, ongoing monitoring of recoverability and ageing, and evaluation of the financial strength of counterparties. The maximum exposure to credit risk is limited to the carrying amount of these loans and other financial assets. The Company does not hold any collateral against these exposures.

(C) Liquidity Risk

Liquidity risk refers to risk of financial distress or extra ordinary high financing cost arising due to shortage of liquid funds in a situation where business conditions unexpectedly deteriorate and require financing. The Company''s objective is to maintain at all times optimum levels of liquidity to meet its cash and collateral requirements. Processes and policies related to such risk are overseen by senior management and management monitors the Company''s net liquidity position through rolling forecast on the basis of expected cash flows.

The tables below analyse the Company''s financial liabilities into relevant maturities based on their contractual maturities for:

Note 41.Employee Benefits Defined Contribution Plans

The Company makes contributions, determined as a specified percentage of employee salaries, in respect of qualifying employees towards provident fund, ESIC and other funds which is a defined contribution plan. The Company has no obligations other than to make the specified contributions. The contributions are charged to the Statement of Profit and Loss as they accrue.

The Company has recognised charges of E 52.87 Lakhs (previous year: E 48.38 Lakhs) for provident fund, ESIC and other funds is included in "Note 28 Employee Benefits Expenses" in the Statement of Profit and Loss.

Defined Benefit Plans

The Company has a scheme for payment of gratuity to all its employees as per the provisions of the Payment of Gratuity Act, 1972. The Company provides for period end liability using the projected unit credit method as per the actuarial valuation carried out by independent actuary. The gratuity plan is a unfunded plan.

The following table sets out the status of the Gratuity Plan as required under Indian Accounting Standard ("Ind AS") 19 "Employee Benefits".

i) The Company does not face a significant liquidity risk with regard to its lease liabilities as the current assets are sufficient to meet the obligations related to lease liabilities as and when they fall due.

ii) Rental expense recorded for short-term leases was E 41.58 lakhs and E 38.15 lakhs for the year ended 31 March, 2025 and 31 March, 2024 respectively.

iii) Applied the exemption not to recognize right to use assets and liabilities for leases with less than 12 months of lease term on the date of initial application and Leases for which the underlying asset is of low value.

(i) The Board of Directors of the Trejhara Solutions Limited (the Company) approved the Scheme of Amalgamation (the ''Scheme'') for merger of the Company with LP Logistics Plus Chemical SCM Private Limited (Transferor Company) at its meeting held on 26/03/2024.

The aforesaid Scheme was sanctioned by the Hon''ble National Company Law Tribunal (NCLT), Mumbai Bench I vide order dated 14 October, 2025.and the Company has filed certified copy of the Order with the office of the Registrar of Companies on 16 October, 2025. Accordingly, the effect of the Scheme has been given from 01 April, 2024 being the Appointed Date of the Scheme.

Pursuant to the above, the effect of the Scheme has been given from 01 April, 2024 being the Appointed Date of the Scheme and all the assets & liabilities (including reserves), rights and obligation of the Transferor Company have been vested with the Company, and the same has been accounted for in accordance with accounting treatment stated in the clause 16 of the scheme as well as "Pooling of interest method" as laid down in Appendix C - ''Business combinations of entities under common control'' of Ind AS 103 notified under Section 133 of the Companies Act read with the Companies (Indian Accounting Standards) Rules, 2015. Accordingly, comparatives have been restated to give effect of the amalgamation from the beginning of the previous year. The predecessor statutory auditor of the Company has certified that the accounting treatment stated in the clause 16 of the scheme is in conformity with the accounting standards prescribed under Section 133 of the Companies Act, 2013, read with the relevant rules thereunder, vide his certificate dated 26 March, 2024. Upon effectiveness of the scheme the Amalgamating Companies stand dissolved without winding up.

Upon the scheme becoming effective, the entire share capital of the Transferor Company shall stand cancelled and extinguished. In consideration thereof, "2 (Two) fully paid-up equity shares of face value of Rs.10/- each of the Company shall be issued for every 1 (One) equity shares of face value of Rs.10/- each held in the Transferor Company (Share Exchange Ratio)".These equity shares have been presented under "Shares Pending Issuance" in Note No. 16 "Share Capital".

The pre-merger financials of the Company approved by the Board of Directors in their meeting held on 30 May, 2025 have been given effect of the scheme. Accordingly, the post-merger financials have been approved by the Board of Directors in their meeting held on 14 November, 2025.

Accounting Treatment

The above merger has been accounted for in accordance with accounting treatment stated in the clause 16 of the scheme as summarized below.

a. All assets and liabilities recorded in the books of the Transferor Company has been recorded by the Company at their carrying value as appearing in the Books of Transferor Company.

b. Statutory reserves, profit and loss account balances, and free reserves of the Transferor Company has been carried forward in the books of the Company.

c. The impact arising from the conversion of the Transferor Company''s financial statements from Indian GAAP to Ind AS has been appropriately considered and incorporated in the financial statements of the Company. This includes recognition, measurement, and classification adjustments required to align the accounting policies of the Transferor Company with those of the Company, in accordance with the requirements of Ind AS 101 - First-time Adoption of Indian Accounting Standards and Ind AS 103 - Business Combinations.

d. I nter-company transactions and balances between the Transferor Company and Company have been cancelled.

e. The difference between the consideration and the Net Book Value of assets of the Transferor Company has been accounted as goodwill amounting to '' 449.47 lakhs.

Note 45. Disclosure requirements as notified by MCA pursuant to amended Schedule III

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

Definitions:

1. Current Ratio (in times) = Current Assets /Current Liabilities

2. Debt Equity Ratio (in times) = Debt / Equity

3. Debt Service Coverage Ratio (in times) = Earnings for debt service (Net Profit after tax Non-cash operating expenses: depreciation and amortisation Finance Cost Exceptional Loss) / Debt service (Interest & Lease Payments Principal Repayments of long term borrowings)

4. Return on Equity Ratio (in %) = Net Profit After Tax / Shareholder equity

5. Inventory Turnover Ratio (in times) = Cost of goods sold / Average Inventory

6. Trade Receivables Turnover Ratio (in times) = Revenue from operations/ Average Trade Receivables

7. Trade Payables Turnover Ratio (in times) = Operating Expenses and Other expenses / Average Trade Payables

8. Net Capital Turnover Ratio (in times) = Revenue from operations / Working Capital

9. Net Profit Ratio (in %) = Net Profit After Tax / Revenue from operations

10. Return on Capital Employed (in %) = Earnings before interest and tax / Capital employed (Net worth Long term borrowings-Deferred tax assets)

11. Return on Investment (in %) = Interest income on bank deposits / Bank Fixed Deposits

(ii) The Company did not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 or Section 560 of Companies Act, 1956 during the financial year.

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

(iv) The Company has not been declared as a wilful defaulter by any lender who has powers to declare a company as a wilful defaulter at any time during the financial year or after the end of reporting period but before the date when the financial statements are approved.

(v) The Company does not have any cases where quarterly returns or statements of current assets filed by the Company with banks or financial institutions are not in agreement with the books of accounts.

(vi) The Company does not have any charges or satisfaction which is yet to be registered with the Registrar of Companies (ROC) beyond the statutory period (Refer Note 20.1(b))

(vii) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year

(viii) The company has not advanced or loaned or invested funds to any other person(s) or entity(is), including foreign entities(intermediaries), with the understanding that the intermediary shall

(a) 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

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

(ix) The Company has not received any funds 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

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries,

(x) The Company does not have any transactions which is not recorded in the books of accounts but 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)

(xi) The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Companies Act 2013 read with Companies (Restrictions on number of Layers) Rules, 2017.

During the previous year, the Company has completed the sale of the Interactive Communication Business (Interact DX) as a going concern and on a slump sale basis to Aurionpro Solutions Limited (Aurionpro) for an all cash composite consideration of 514,000 lakhs, which includes equally for the Company''s India and Singapore businesses, following shareholder approval on 29 September, 2023 and execution of the Business Transfer Agreement (BTA) on 30 September, 2023 (''Agreement Effective Date'', i.e. close of business hours on 30/09/2023, as the date of transfer).

The Company has accounted these transactions in accordance with Ind AS 105 "Non current Assets Held for Sale and Discontinued Operations" and Ind AS 103 "Business Combination".

Note 47. Prior Period of Comparative

The previous figures have been regrouped/ reclassified wherever necessary to make them comparable with those of the current year.

Note 48. Authorisation of Financial Statements

The Restated financial statements were approved by the Board of Directors on 14 November, 2025.

Note 5.1 * Exceptional item includes '' 1,173.88 lakh as reversal of impairment provisions of investment which

was provided in the previous year. In furtherance to the approval received from Board of Directors and Shareholders of the Company on 09/11/2023 and 06/03/2024 respectively for the divestment of Aurionpro Solutions W.L.L., for an aggregate consideration of '' 5,427.65 lakhs (US$ 6.5 Mn). (Refer Note: 30.3)

Note 5.2 ** Subsequent to the reassessment of the outlook of the subsidiary financials, the Company has taken impairment provision to the extent of '' 6,395.00 lakhs in the carrying value of its investments shown as an exceptional item in the financial Statements during the year ended 31 March, 2024.(Refer Note 30.1)

ii) Terms/ rights attached to equity shares

The Company has only one class of equity shares having a par value of '' 10 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the Company, the holder of equity shares will be entitled to receive remaining assets of the Company. The distribution will be in proportion to the number of equity shares held by the shareholders.

Note : During the year, the Allotment committee of Board of Directors in its meeting held on 01/12/2023 approved allotment of 27,00,000 equity shares on preferential basis at an issue price of '' 90/- per equity share, as per the relevant provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Note 16.1

(i) Capital Reserve

The Company recognise profit and loss on sale, purchase and cancellation of the Company''s own equity instruments to capital reserve.

(ii) Securities Premium

Securities Premium is used to record premium on issuance of shares. The reserve shall be utilised in accordance with provisions of the Companies Act, 2013.

iii) Retained Earnings

Retained earnings are the profits that the Company has earned till date, less any transfers to general reserve, dividends or other distributions paid to shareholders.

iv) Other Comprehensive Income

Other Comprehensive Income refers to items of income and expenses that are not recognised as a part of the profit and loss account.

Note 24.2 Revenues in excess of invoicing are classified as contract assets (which is referred as unbilled revenues). Changes in contract assets are directly attributable to revenue recognised based on the accounting policy defined and the invoicing done during the year. Applying the practical expedient as given in Ind AS 115, the Company has not disclosed the remaining performance obligation related disclosures as the revenue recognised corresponds directly with the value to the customer of the Company''s performance completed to date.

Note 24.3 The Company has transferred its Interactive Communication Business (Interact DX) to Aurionpro with effect from 30 September, 2023, in accordance with the terms of the Business Transfer Agreement (BTA) that the Company agreed into with Aurionpro Solutions Limited (''Aurionpro'').

Aurionpro has started the process of executing novation agreements with the Company as well as with previous customers. During the transition time, the Company is billed by Aurionpro of '' 2,513.79 lakhs and in turned back to back billing arrangement capacity, the Company has billed to the erstwhile ultimate customers and reported the revenue by netting off to the extent for the half year ended 31 March, 2024.

Note 30.1 *Subsequent to the reassessment of the outlook of the subsidiary financials, the Company has taken impairment provision to the extent of '' 6,494.23 lakhs in the carrying value of its investments and other assets shown as an exceptional item in the financial results during the year ended 31 March, 2024. This exceptional item represents a significant and non-recurring transaction or event that is material to the financial performance and position of the Company.

Note 30.2 ** The Company completed the sale of the Interactive Communication Business (Interact DX) as a going concern and on a slump sale basis to Aurionpro Solutions Limited (Aurionpro) for an all cash composite consideration of '' 14,000 lakhs, which includes equally for the Company''s India and Singapore businesses, following shareholder approval on September 29, 2023 and execution of the Business Transfer Agreement (BTA) on September 30, 2023. The Company has accounted for this transaction in accordance with Ind AS 105 "Non-current Assets Held for Sale and Discontinued Operations" and Ind AS 103 "Business Combination" and has considered the ''Agreement Effective Date'', i.e. close of business hours on 30/09/2023, as the date of transfer. The gain of '' 5,155.77 lakhs on slump sale of India operations business being the difference between sale consideration and net assets transferred shown as an exceptional item in the financial results during the year ended 31 March, 2024.

Note 30.3 *** e approval received from Board of Directors and Shareholders of the Company on

09/11/2023and 06/03/2024 respectively forthe divestment of AurionproSolutions W.L.L., for an aggregate consideration of '' 5,427.65 lakhs (US$ 6.5 Mn). Exceptional item includes '' 1,173.88 lakhs as reversal of impairment provisions of investment which was provided in the previous year.

Note 34. Segment Reporting

The Company has presented segment information in the Consolidated Financial Statements. Accordingly, in terms of Paragraph 4 of Ind AS 108 ''Operating Segments'', no disclosures related to segments are presented in these standalone financial statements.

Note 39. Capital Management

Equity share capital and other equity are considered for the purpose of Company''s capital management. The Company manages its capital so as to safeguard its ability to continue as a going concern and to optimise returns to shareholders. The capital structure of the Company is based on management''s judgement of its strategic and day-to-day needs with a focus on total equity so as to maintain investor, creditors and market confidence.

Note 40. Financial Instruments

(i) Valuation

All financial instruments are initially recognized and subsequently re-measured at fair value as described below:

The fair value of financial assets and liabilities are included at the amount at which the instrument could be exchanged in a current transaction between the willing parties, other than in a forced or liquidation sale.

The fair value of investment in quoted Equity Shares, Bonds, Government Securities, Treasury Bills and Mutual Funds is measured at quoted price or NAV.

The fair value of the remaining financial instruments is determined using discounted cash flow analysis.

The financial instruments are categorized into three levels based on the inputs used to arrive at fair value measurements as described below:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities; and

Level 2: Inputs other than the quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

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

(ii) Financial Risk Management

The Company''s business activities expose it to a variety of financial risks, namely market risks, credit risk and liquidity risk,

The Company''s primary focus is to foresee the unpredictability of financial markets and seek to minimize potential adverse effects on its financial performance.

The Company''s financial liabilities comprise of borrowings, trade payable and other liabilities to manage its operation and the financial assets include trade receivables, deposits, cash and bank balances, other receivables etc. arising from its operation.

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market prices comprise three types of risk: Foreign currency rate risk, interest rate risk and other price risks, such as equity price risk and commodity risk.

Foreign Currency Risk : Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates. The carrying amounts of the Company''s net foreign currency exposure (net of forward contracts) denominated monetary assets and monetary liabilities at the end of the reporting period as follows:

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, in cases where the borrowings are measured at fair value through profit or loss. 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.

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.

The Company is exposed to equity price risks arising from equity investments which is not material Derivative Financial Instruments

The Company does not hold derivative financial instruments Credit Risk

Credit risk arises from the possibility that the counterparty will default on its contractual obligations resulting in financial loss to the Company. To manage this, the Company periodically assesses the financial reliability of customers, taking into account the financial conditions, current economic trends, and analysis of historical bad debts and ageing of accounts receivable.

Trade Receivables

Our historical experience of collecting receivables is that credit risk is low. Hence, trade receivables are considered to be a single class of financial assets. Credit risk has always been managed by each business segment through credit approvals, establishing credit limits and continuously monitoring the credit worthiness of customers to which the Company grants credit terms in the normal course of business.

Other Financial Assets

Credit risk on cash and cash equivalents is limited as the Company generally invests in deposits with banks and financial institutions with high credit ratings assigned by international and/or domestic credit rating agencies. Investments primarily include investment in liquid mutual fund units, quoted bonds issued by Government and Quasi Government organizations and certificates of deposit which are funds deposited at a bank for a specified time period.

Liquidity Risk

Liquidity risk refers to risk of financial distress or extra ordinary high financing cost arising due to shortage of liquid funds in a situation where business conditions unexpectedly deteriorate and require financing. The Company''s objective is to maintain at all times optimum levels of liquidity to meet its cash and collateral requirements. Processes and policies related to such risk are overseen by senior management and management monitors the Company''s net liquidity position through rolling forecast on the basis of expected cash flows.

Note 41. Employee Benefits

Defined Contribution Plans

The Company makes contributions, determined as a specified percentage of employee salaries, in respect of qualifying employees towards provident fund, ESIC and other funds which is a defined contribution plan. The Company has no obligations other than to make the specified contributions. The contributions are charged to the Statement of Profit and Loss as they accrue.

Defined Benefit Plans

The Company has a scheme for payment of gratuity to all its employees as per the provisions of the Payment of Gratuity Act, 1972. The Company provides for period end liability using the projected unit credit method as per the actuarial valuation carried out by independent actuary. The gratuity plan is a unfunded plan.

Note 43. Disclosure requirements as notified by MCA pursuant to amended Schedule III

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

Definitions:

1 Current Ratio (in times) = Current Assets /Current Liabilities

2 Debt Equity Ratio (in times) = Debt / Equity

3 Debt Service Coverage Ratio (in times) = Earnings for debt service (Net Profit after tax Non-cash operating expenses: depreciation and amortisation Finance Cost Exceptional Loss) / Debt service ( Interest & Lease Payments Principal Repayments of long term borrowings)

4 Return on Equity Ratio (in %) = Net Profit After Tax / Shareholder equity

5 Inventory Turnover Ratio (in times) = Cost of goods sold / Average Inventory

6 Trade Receivables Turnover Ratio (in times) = Revenue from operations/ Trade Receivables

7 Trade Payables Turnover Ratio (in times) = Operating Expenses and Other expenses / Trade Payables

8 Net Capital Turnover Ratio (in times) = Revenue from operations / Working Capital

9 Net Profit Ratio (in %) = Net Profit After Tax / Revenue from operations

10 Return on Capital Employed (in %) = Earnings before interest and tax / Capital employed (Net worth Long term borrowings -Deferred tax assets)

11 Return on Investment (in %) = Interest income on bank deposits / Bank Fixed Deposits

(ii) The Company did not have any transactions with struck-off companies.

The Company did not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 or Section 560 of Companies Act, 1956 during the financial year.

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

(iv) The Company has not been declared as a wilful defaulter by any lender who has powers to declare a company as a wilful defaulter at any time during the financial year or after the end of reporting period but before the date when the financial statements are approved.

(v) The Company does not have any charges or satisfaction which is yet to be registered with the Registrar of Companies (ROC) beyond the statutory period

(vi) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year

(vii) The company has not advanced or loaned or invested funds to any other person(s) or entity(is), including foreign entities(intermediaries), with the understanding that the intermediary shall

(a) 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

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

(viii) The Company has not received any funds 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

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries,

(ix) The Company does not have any transactions which is not recorded in the books of accounts but 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)

(x) The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Companies Act 2013 read with Companies (Restrictions on number of Layers) Rules, 2017.

Note 44. Discontinued Operations

During the year, the Company has completed the sale of the Interactive Communication Business (Interact DX) as a going concern and on a slump sale basis to Aurionpro Solutions Limited (Aurionpro) for an all cash composite consideration of '' 14,000 lakhs, which includes equally for the Company''s India and Singapore businesses, following shareholder approval on September 29, 2023 and execution of the Business Transfer Agreement (BTA) on September 30, 2023 (''Agreement Effective Date'', i.e. close of business hours on 30/09/2023, as the date of transfer).

The Company has accounted this transactions in accordance with Ind AS 105 "Non-current Assets Held for Sale and Discontinued Operations" and Ind AS 103 "Business Combination". The corresponding numbers in the financial statements for the previous year have been presented as if these operations were discontinued in the prior year as well.

Note 45. Prior Period of Comparative

The previous figures have been regrouped/ reclassified wherever necessary to make them comparable with those of the current year.

Note 46. Authorisation of Financial Statements

The financial statements were approved by the Board of Directors on 23 May, 2024