2.12 Provisions and Contingencies

Provisions are recognised when the Company has a present legal or constructive
obligation as a result of past events, it is probable that an outflow of resources will
be required to settle the obligation and the amount can be reliably estimated.
Provisions are not recognised for future operating losses. Provisions are measured
at the present value of management’s best estimate of the expenditure required to
settle the present obligation at the end of the reporting period. The discount rate
used to determine the present value is a pretax rate that reflects current market
assessments of the time value of money and the risks specific to the liability. The
increase in the provision due to the passage of time is recognised as interest
expense. Contingent Liabilities are disclosed in respect of possible obligations that
arise from past events, but their existence will be confirmed by the occurrence or
nonoccurrence of one or more uncertain future events not wholly within the control
of the Company or where any present obligation cannot be measured in terms of
future outflow of resources or where a reliable estimate of the obligation cannot be
made.

2.13 Cash and Cash Equivalents

Cash comprises cash on hand, in bank, demand deposits with banks and with
financial institutions. The Company considers ah highly liquid financial
instruments, which are readily convertible into cash and have original maturities of
three months or less from the date of purchase, to be cash equivalents. Such cash
equivalents are subject to insignificant risk of changes in value.

Cash flows are reported using indirect method, whereby profit / (loss) after tax is
adjusted for the effects of transaction of non-cash nature and any deferrals or
accruals of past or future cash receipts or payments for the year. The cash flows
from operating, investing and financing activities of the Company are segregated
based on the available information.

32: Note on Corporate Social Responsibility (CSR):

The provisions of Section 135 of the Companies Act, 2013 relating to Corporate Social
Responsibility (CSR) become applicable to a company having net profit of ?5 crore or more
during the immediately preceding financial year. The Company has earned a net profit
exceeding ?5 crore during the financial year 2024-25. Accordingly, CSR provisions will be
applicable to the Company from the financial year 2025-26. Necessary steps will be taken
by the Board to comply with the requirements of Section 135 of the Companies Act, 2013
and the rules made thereunder.

33. Previous year figures have been regrouped or rearranged wherever necessary to
confirm to this year's classification.

Debit and Credit Balances are subject to confirmation.

As per in our report of even date.

For G.P. ASSOCIATES On Behalf of Board

Chartered Accountants CHIRAHARIT LIMITED

Firm Reg. No.

(^CA A BHINAv^qV^__(Y. Tejaswini) (Pavan Kumar Bang)

PARTNER Director Managing Director & CEO

M. No. 242972 DIN: 00232268 DIN: 03614791

UDIN: 25242972BMHYDA2858 ~~

Place: Hyderabad PM V

Date: 08.09.2025 (G. RamaC^and^featfh(DVK Dixitulu)

Chief Financial <^mcer \^Vi Company Secretary
|__ \ premiership No. A-52329