Aastamangalam Finance Ltd. இன் கணக்கு குறிப்புகள்

Mar 31, 2025

19. CONTINGENT LIABILITIES AND COMMITMENTS
Particulars	31.03.2025	31.03.2024
Contingent Liabilites: Claims against the company not acknowledged as debts	7	7

20. SEGMENT INFORMATION

The Company is engaged in only one business of Financial Activities. Accordingly there are no separate reportable segments according to Ind AS 108 ‘Operating Segments'' issued under the Companies (Accounting Standards) Rules, 2006.

Nothing to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:

(a) Crypto Currency or Virtual Currency

(b) Benami Property held under Benami Transactions (Prohibition) Act, 1988 (45 of 1988)

(c) Registration of charges or satisfaction with Registrar of Companies

(d) Relating to borrowed funds:

(i) Wilful defaulter

(ii) Utilisation of borrowed funds & share premium

(e) Loans to Related Parties

(f) Investments/advances through intermediaries

(g) Effect of scheme of arrangement

(h) Compliance with number of layers

(i) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign

entities (Intermediaries) with understanding that intermediary shall -

(i) Directly to 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.

(j) The Company has 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 to indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the funded party (Ultimate Beneficiaries); or

(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

(k) Transactions with Struck off Companies

(l) Undisclosed Income

24. Previous year figures have been regrouped/rearranged wherever necessary.

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Mar 31, 2024

n) Provisions, contingent liabilities and contingent assets

Provisions are recognised only when the company has a present obligation (legal or constructive) as
a result of past events, and it is probable that it is required to settle the obligation, and a reliable
estimate can be made of the amount of obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the
obligation at the reporting date, considering the risk and uncertainties surrounding the obligation.

Contingent liabilities: 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 future uncertain events not wholly within the control of the Company (or)

There is 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.

20. SEGMENT INFORMATION

The Company is engaged in only one business of Financial Activities. Accordingly there are no separate reportable
segments according to Ind AS 108 ‘Operating Segments'' issued under the Companies (Accounting Standards) Rules,
2006.

21. RELATED PARTY DISCLOSURES

a) Directors

Bhavika M Jain (DIN: 07704015)

Khushbu Mohan Kumar Jain (DIN: 07704023)

Rekha M Jain (DIN: 07704034)

Jadav Chand Jain Akash Jain (DIN: 09688787)

Bharat Dughar (DIN: 07996160)

b) Key Managerial Personnel

S Mohankumar - Chief Executive Officer & Chief Financial Officer
Monika Kedia - Company Secretary

Related party disclosures as required by Ind AS 24 issued by the Institute of Chartered Accountants of India, are
given below:

23. DISCLOSURE REQUIREMENTS AS NOTIFIED BY MCA PURSUANT TO AMENDED SCHEDULE III

Nothing to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:

(a) Crypto Currency or Virtual Currency

(b) Benami Property held under Benami Transactions (Prohibition) Act, 1988 (45 of 1988)

(c) Registration of charges or satisfaction with Registrar of Companies

(d) Relating to borrowed funds:

(i) Wilful defaulter

(ii) Utilisation of borrowed funds & share premium

(e) Loans to Related Parties

(f) Investments/advances through intermediaries

(g) Effect of scheme of arrangement

(h) Compliance with number of layers

(i) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign
entities (Intermediaries) with understanding that intermediary shall -

(i) Directly to 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.

(j) The Company has 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 to indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on
behalf of the funded party (Ultimate Beneficiaries); or

(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

(k) Transactions with Struck off Companies

(l) Undisclosed Income

24. Previous year figures have been regrouped/rearranged wherever necessary.

For and on behalf of the Board As per Report attached of even date

For Aastamangalam Finance Limited For M/s. Venkat & Rangaa LLP

Chartered Accountants
FRN : 004597S

Bhavika M Jain Khusbhu M Jain

Director Director

DIN:07704015 DIN:07704023

T. Zameer
Partner

Membership No. : 230441

S Mohan Kumar Monika Kedia

CEO & CFO Company Secretary

Place: Chennai
Date: 21.05.2024

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Mar 31, 2015

1. Share Capital

Shares alloted as fully paid up by way of Bonus shares during 5 years immediately preceding March 31, 2015 Equity shares alloted as fully paid up bonus shares by capitalization of capital redemption reserve is NIL

2. Accounting Policies / compliance of Accounting Standards issued by the Institute of Chartered Accountants of India.

3. Previous year''s figures have been regrouped wherever necessary to conform to current year''s classification

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Mar 31, 2014

I. Basis of determining contingent rent:

Contingent rents are payable for excessive, improper or unauthorized use of the asset, beyond the terms of the lease agreement, prejudicially affecting the resale value of the asset, either by way of increase in lease rentals or by way of lump-sum amount, as agreed between the parties.

ii. Renewal/purchase options and escalation clauses:

Lease agreements are renewable for further period or periods on terms and conditions mutally agreed between the parties. Variations in lease rentals are made in the event of a change in the basis of computation of lease rentals by the lessor. iii. There are no restrictions imposed by the lease agreements, concerning dividends, additional debt and further leasing

AS2 Earnings per share (EPS)

Please refer to Statement of Profit and Loss account. There is no diluted earnings per share as there are no dilutive potential equity shares.

AS3 Consolidated financial statements

This Standard is not applicable to the Company.

AS4 Accounting for taxes on Income

Provision for Income Tax is made as per the provisions of Income Tax Act, 1961. The Company has Deferred Tax Asset. However as a measure of Prudence no Deferred Tax asset has been recognised during the year

AS5 Accounting for Investments in associates

This Standard is not applicable to the Company as the Company has no Associate.

AS6 Discontinuing Operations

The company has not discontinued any operations during the year.

AS7 Interim financial Reporting

Quarterly financial results are published in accordance with the guidelines issued by SEBI. The recognition and measurement principles as laid down in the Standard are followed with respect to such results. Quarterly financial results are also subjected to a limited review by the Auditors as required by SEBI.

AS8 Accounting for Intangible Assets

The Company has no intangible assets. As at As at

AS9 Financial Reporting of Interests in Joint Ventures 31/03/2014 31/03/2013

The Company has no Joint Ventures.

AS10 Impairment of Assets

(I) Income Tax 7,54,891 7,54,891

The Company has no impaired assets.

(ii) Employees

As11 Provision, Contingent Liabilities and Contingent Assets State Insurance 73,226 73,226 Liabilities Disputed and Not provided for.

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Mar 31, 2012

A Terms/rights attached to shares :

The Company has two class of shares viz., Redeemable Preference shares having a face value of Rs. 100/- each and Equity shares having a face value of Rs. 10/- each. Each holder of equity share is entitled to one vote per share. As and when, the company declares dividend it will be paid in Indian Rupees. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

The terms and conditions of redeemable preference shares will be determined at the time of issue of such shares.

i. Basis of determining contingent rent:

Contingent rents are payable for excessive, improper or unauthorized use of the asset, beyond the terms of the lease agreement, prejudicially affecting the resale value of the asset, either by way of increase in lease rentals or by way of lump-sum amount, as agreed between the parties.

ii. Renewal/purchase options and escalation clauses:

Lease agreements are renewable for further period or periods on terms and conditions mutually agreed between the parties. Variations in lease rentals are made in the event of a change in the basis of computation of lease rentals by the lessor.

iii. There are no restrictions imposed by the lease agreements, concerning dividends, additional debt and further leasing

AS1 Earnings per share (EPS)

Please refer to Profit and Loss account. There is no diluted earnings per share as there are no dilutive potential equity shares.

AS2 Consolidated financial statements

This Standard is not applicable to the Company.

AS3 Accounting for taxes on Income

Provision for Income Tax is made as per the provisions of Income Tax Act, 1961. The Company has Deferred Tax Asset. However as a measure of Prudence no Deferred Tax asset has been recognised during the year

AS4 Accounting for Investments in associates

This Standard is not applicable to the Company as the Company has no Associate.

AS5 Discontinuing Operations

The company has not discontinued any operations during the year.

AS6 Interim financial Reporting

Quarterly financial results are published in accordance with the guidelines issued by SEBI. The recognition and measurement principles as laid down in the Standard are followed with respect to such results. Quarterly financial results are also subjected to a limited review by the Auditors as required by SEBI.

AS7 Intangible Assets

The Company has no intangible assets.

AS8 Financial Reporting of Interests in Joint Ventures The Company has no Joint Ventures.

AS9 Impairment of Assets

The Company has no impaired assets.

AS10 Provision, Contingent Liabilities and Contingent Assets Liabilities Disputed and Not provided for

As at 31.03.2012 As at 31.03.2011

I) Income Tax 7,54,891 6,811

ii) Employees State Insurance 73,226 73,226

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Mar 31, 2010

AS17 Segment Reporting

The Company is engaged in the business of financing and accordingly there are no separate reportable segments.

AS18 Related party disclosures

Please refer to Note No III (f) of Notes on Accounts

AS19 Leases

The Company has not given any assets on lease during the year.

The Company has taken vehicles on lease basis for the period up to five years, which are in the nature of operating leases as defined in

the Accounting Standard AS-19 in respect of leases prescribed by the Institute of Chartered Accountants of India.

a) Future Minimum leases payments under non cancelable operating leases in respect of lease agreements entered into on or

b) Lease payments recognized in Profit and Loss A/c 2,40,300 2,20,275

c) Significant Leasing arrangements:

i. Basis of determining contingent rent:

Contingent rents are payable for excessive, improper or unauthorized use of the asset, beyond the terms of the lease agreement,

prejudicially affecting the resale value of the asset, either by way of increase in lease rentals or by way of lump-sum amount, as agreed

between the parties.

ii. Renewal/purchase options and escalation clauses: Lease agreements are renewable for further period or periods on terms and

conditions mutually agreed between the parties. Variations in lease rentals are made in the event of a change in the basis of computation

of lease rentals by the lessor.

iii. There are no restrictions imposed by the lease agreements, concerning dividends, additional debt and further leasing

AS20 Earnings per share (EPS)

Please refer to Profit and Loss account. There is no diluted earnings per share as there are no dilutive potential equity shares.

AS21 Consolidated financial statements

This Standard is not applicable to the Company.

AS22 Accounting for taxes on Income

Please refer to Note No III (e) of Notes on Accounts

AS23 Accounting for Investments in associates

This Standard is not applicable to the Company.

AS24 Discontinuing Operations

The company has not discontinued any operations during the year.

AS25 Interim financial Reporting

Quarterly financial results are published in accordance with the guidelines issued by SEBI. The recognition and measurement principles as laid down in the Standard are followed with respect to such results. Quarterly financial results are also subjected to a limited review by the Auditors as required by SEBI.

AS26 Intangible Assets

The Company has no intangible assets.

AS27 Financial Reporting of Interests in Joint Ventures

The Company has no Joint Ventures.

AS28 Impairment of Assets

The Company has no impaired assets.

AS29 Provision, Contingent Liabilities and Contingent Assets

Please refer Note No II of Notes on Accounts