Ducon Infratechnologies Ltd. இன் கணக்கு குறிப்புகள்

Mar 31, 2025

p. Provisions

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

q. Contingent liabilities

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence
or non-occurrence of one or more uncertain future events beyond the control of the company or a present obligation that is
not recognized because it is not probable that an outflow of resources will be required to settle the obligation. A contingent
liability also arises in extremely rare cases where there is a liability that cannot be recognized because it cannot be measured
reliably. The company does not recognize a contingent liability but discloses its existence in the financial statement.

Notes:

1. The Company has duly transferred 4.75 lakhs of unspent CSR funds for FY 2023-24 to the PMNRF, in compliance with Section 135

of the Companies Act, 2013 and Schedule VII.

23.9 Additional Regulatory Information as required by schedule- III of Companies Act, 2013

i) There are no Immovable Property held in name of the Company.

ii) The company has not revalued its Property, Plant and equipment and intangible Assets as defined under rule 2 of Companies
(Registered Valuers and Valuation) Rules, 2017.

iii) The Company has not granted any loans or advances that are in the nature of loans to promoters, directors, KMPs and the
related parties (as defined under Companies Act, 2013), either severally or Jointly with any other person, that are:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

iv) The company does not hold any Benami property. Further, no proceedings have been initiated or pending against the
company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules
made thereunder.

v) The Company has borrowings from bank or financial institutions on security of current assets as on 31st March 2025. (Refer
Note No. 06)

vi) The Company has no relationship and transactions with struck off companies.

vii) There are no charges or satisfaction to be registered with ROC during the statutory period.

viii) The Company has not traded or invested in Crypto currency or Virtual Currency during the year.

23.10 Other Notes:

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value which these are stated in the Balance
Sheet, if realized in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or
less than the amount reasonably necessary.

b) The balances of Trade Receivable and Trade Payables are subject to adjustments if any on reconciliation/settlement of respective
accounts. However Balances of Trade Receivable and Trade Payables generally stand reconciled based on subsequent realizations
and payments.

c) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification /
disclosure.

Refer Significant Accounting policies and notes to the financial statements
As per our report of even date

For and on behalf of For and on behalf of Board of Directors of

HITESH SHAH & ASSOCIATES Ducon Infratechnologies Limited

CHARTERED ACCOUNTANTS
Firm Regn No. 103716W

CA Hitesh Shah Arun Govil Harish Shetty Darshit Parikh

Partner Managing Director Executive Director Company Secretary

Membership No. 040999 DIN: 01914619 DIN: 07144684 May 30, 2025

Mumbai,

Date : May 30, 2025

---

Mar 31, 2024

22.1 Contingent Liabilities a. Claims against company not acknowledged as debts:				('' in lakhs)
	Particulars	Period to which the amount relates	Forum where the dispute is pending	Amount
	Income Tax	F.Y. 2013-14	Assessing Officer	0.42
	Income Tax	F.Y. 2020-21	Assessing Officer	4.13
	VAT	F.Y. 2013-14	JCT Appeals	23.18
	Elecon	2011-12,2012-13,2013-14 & 2014-15	Arbitration	345.49
	FL Smidth	2010-11	Mumbai High Court	USD 32.65
	GST	F.Y. 2017-18	Allahabad GST Appeals	9.98
b. Guarantees given by the company''s bankers: Rs. 699.50 lakhs (P.Y.: Rs. 821.99 lakhs)

22.4 Segmental Reporting

The Company is operating in a single primary segment i.e. EPC business. Accordingly, no segment reporting as per Indian Accounting Standard 108 has been done.

22.5 Foreign Exchange Exposure

The company has not entered in any forward contract for hedging during the year and there are no such contracts outstanding at the end of the year.

22.8 Other Notes:

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value which these are stated in the Balance Sheet, if realized in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) The balances of Trade Receivable and Trade Payables are subject to adjustments if any on reconciliation/settlement of respective accounts. However Balances of Trade Receivable and Trade Payables generally stand reconciled based on subsequent realizations and payments.

c) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification / disclosure.

---

Mar 31, 2023

The estimate of rate of escalation in salary considered in Actuarial valuation, take into account inflation, seniority, promotion, other relevant factors'' including supply and Demand in the employment market.

22.8 Other Notes:

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value which these are stated in the Balance Sheet, if realized in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) The balances of Trade Receivable and Trade Payables are subject to adjustments if any on reconciliation/settlement of respective accounts. However Balances of Trade Receivable and Trade Payables generally stand reconciled based on subsequent realizations and payments.

c) During the year 2022-2023, the Company had allotted 2,36,30,952 Equity Shares via Allotment Committee Resolution passed on 20th April, 2022 to all the Shareholders as on the record date of 19th April, 2022 in the ratio of 1 Equity Share for every 10 Equity Shares.

d) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification / disclosure.

---

Mar 31, 2018

Prime Security:

The Cash Credit from bank is secured against hypothecation of book debts.

Collateral Security:

Immovable properties in the name of promoters, fixed deposits held in the name of the company and guarantee provided by the promoters.

1. First Time Adoption of Ind AS:

The Company has adopted Ind AS with effect from 1st April 2017 with comparatives being restated. Accordingly the impact, if any, of transition has been provided in the Opening Reserves as at 1st April, 2016. The figures for the previous period have been restated, regrouped and reclassified wherever required to comply with the requirement of Ind AS and Schedule III.

2. The comparative figures of balance sheet prepared as on April 1, 2016 as per Ind-AS pertains to standalone figures of Ducon Infratechnologies Limited without considering the impact of merger with Ducon Technologies India Private Limited as on that date.

3. The share money pending allotment on account of merger under the head "Other Equity" amounting to Rs. 262.52 lakhs outstanding as on March 31, 2018 pertains to 99,43,946 shares of promoters of Ducon Technologies (India) Private Limited (demerged company) which will be allotted to them in the ratio of 25:66 as per the scheme of merger arrangement and as per order of the Hon''ble High Court and will be allotted to the shareholders in the subsequent financial year.

4. Foreign Exchange Exposure:

The company has not entered in any forward contract for hedging during the year and there are no such contracts outstanding at the end of the year.

5. Other Notes:

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value which these are stated in the Balance Sheet, if realized in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification / disclosure.

---

Mar 31, 2016

1. Lease Commitments Operating Lease

The company has taken office premises on lease under cancelable operating lease agreements that are renewable on a periodic basis at the option of both the less or and the lessee. Rental payments under such leases are Rs.1.20 Lacs. (Previous year Rs.0.90Lacs)

2. Foreign Exchange Exposure:

The company has not entered in any forward contract for hedging or otherwise in respect of foreign currencies during the year, and there are no such contracts outstanding at the end of the year.

As of the Balance Sheet date, the Company has net foreign currency exposure that is not hedged by a derivative instrument or otherwise, amounting to Rs. 0.95. (Previous year Rs. 0.89).

3. Other Notes

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value at which these are stated in the Balance Sheet, if realized in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification / disclosure.

---

Mar 31, 2015

Company Overview

Dynacons Technologies Limited is an Information Technology Company engaged in providing a comprehensive range of products to customers.

1.1 Segment Information

The company operates in the single segment of Information Technology Products.

1.2 Lease Commitments

Operating Lease

The company has taken office premises on lease under cancelable operating lease agreements that are renewable on a periodic basis at the option of both the lessor and the lessee. Rental payments under such leases are Rs, 0.90 (Previous year X 1.20).

1.3 Foreign Exchange Exposure:

The company has not entered in any forward contract for hedging or otherwise in respect of foreign currencies during the year, and there are no such contracts outstanding at the end of the year.

As of the Balance Sheet date, the Company has net foreign currency exposure that are not hedged by a derivative instrument or otherwise, amounting to Rs,0.89.(Previous yearRs, 086) .

1.4 Other Notes

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value at which these are stated in the Balance Sheet, if realised in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) Previous year,s figures have been regrouped / reclassified wherever necessary to correspond with the current year,s classification / disclosure.

---

Mar 31, 2014

1.1 As per records of the company, including its register of shareholders/members and other declarations received from shareholders regarding beneficial interest, the above shareholding represents the both legal and beneficial ownership of shares.

1.2 The company has only one class of equity shares having a par value of Rs.10 per share. Each shareholder is eligible for one vote per share held. In the event of liquidation of the Company, holder of equity shares will be entitled to receive remaining assets of the Company after distribution of all preferential amount. The distribution will be in proportionate to the number of equity shares held by the shareholders.

1.3 No bonus shares have been issued to equity share holders since incorporation

1.4 No equity share shares been bought back since incorporation

2.1 Contingent Liabilities

a) Claims against the Company not acknowledged as debts: NIL

b) Guarantees given by the company''s bankers : NIL

2.2 Segment Information

The company operates in the single segment of Information Technology Products.

2.3 Related Party Disclosures

a.The names of related parties and the nature of relationship are as under:

S. P. Corporation Firm in which Directors have substantial interest.

Shirish M. Anjaria Chairman cum Managing Director

Parag J. Dalal Director

Dharmesh S. Anjaria Director

Trigem Infosolutions Limited Company in which Directors have substantial interest.

Dynacons System & Solution LimitEd Company in which Directors have substantial interest.

2.4 Lease Commitments Operating Lease

The company has taken office premises on lease under cancelable operating lease agreements that are renewable on a periodic basis at the option of both the lessor and the lessee. Rental payments under such leases are Rs. 1.20 (P revious year Rs. 1.20).

2.5 Foreign Exchange Exposure:

The company has not entered in any forward contract for hedging or otherwise in respect of foreign currencies during the year, and there are no such contracts outstanding at the end of the year.

As of the Balance Sheet date, the Company has net foreign currency exposure that are not hedged by a derivative instrument or otherwise, amounting to Rs.013.(Previous year Rs. NIL) .

2.6 Other Notes

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value at which these are stated in the Balance Sheet, if realised in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification / disclosure.

---

Mar 31, 2013

Company Overview

Dynacons Technologies Limited is an Information Technology company engaged in providing a comprehensive range of products to customers.

1.1 Contingent Liabilities

a) Claims against the Company not acknowledged as debts: NIL

b) Guarantees given by the company''s bankers : NIL

1.2 Segment Information

The company operates in the single segment of Information Technology Products.

1.3 Lease Commitments

Operating Lease

The company has taken office premises on lease under cancelable operating lease agreements that are renewable on a periodic basis at the option of both the lesser and the lessee. Rental payments under such leases are Rs. 1.20 (Previous year Rs. 1.20).

1.4 Foreign Exchange Exposure:

The company has not entered in any forward contract for hedging or otherwise in respect of foreign currencies during the year, and there are no such contracts outstanding at the end of the year.

As of the Balance Sheet date, the Company has net foreign currency exposure that are not hedged by a derivative instrument or otherwise, amounting to NIL. (Previous yearRs. 0 73 ) .

1.5 Other Notes

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value at which these are stated in the Balance Sheet, if realised in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification / disclosure.

---

Mar 31, 2011

Company Overview

Dynacons Technologies Limited is an Information Technology company engaged in providing a comprehensive range of products to customers. The Company has been formed during the current year.

1. Contingent Liabilities

a) Claims against the Company not acknowledged as debts: NIL

b) Guarantees given by the company''s bankers: NIL

2. SCHEME OF ARRANGEMENT

Pursuant to the Scheme of Arrangement (the Scheme) entered into by the Company with Dynacons Systems & Solutions Limited(DSSL), the Marketing and Distribution Business and Manufacturing Business of DSSL was transferred to Company with effect from 1st April, 2009, the Appointed Date.

The said Scheme, under section 391 to 394 of the Companies Act, 1956, has been approved by the Hon''ble High Court of Judicature of Bombay, vide its Order dated 15th October, 2010.

The Scheme provides that it shall become effective upon satisfaction of the conditions set out in the Scheme therein, including receipt of necessary approvals from Government Authorities. Accordingly, upon receipt of the requisite approvals, as aforesaid, the Effective Date of the Scheme was December 20,2010.

In accordance with the terms of the Scheme of Arrangement an aggregate of 44,432,100 equity shares of Re 1 each of the Company were issued as fully paid up, to the members of DSSL whose names are recorded in the register of members on the record date, in the ratio of 3(three) equity shares of the Company of face value of Re 1 each for every 10(ten) equity shares of Rs 2 each held by such member in DSSL.

In accordance with the Scheme, the following effects have been given in the books of account of the Company:

3. Managerial Remuneration

Managerial Remuneration paid to Managing Director and Whole-time Directors is in accordance with the limits prescribed under Section 198 and Section 309 ofthe Companies Act, 1956

Note: The information has been given in respect of such vendors to the extent they could be identified as micro and small enterprises as per MSMED on the basis of information available with the Company.

4. Segment Information

The company operates in the single segment of System Integration Technology Products.

5. Deferred Taxation

The company has made provision for Deferred Taxation as per the requirements of Accounting Standard 22 - Accounting for Taxes on Income.

6. Lease Commitments Operating Lease

The company has taken office premises on lease under cancelable operating lease agreements that are renewable on a periodic basis at the option of both the lessor and the lessee. Rental payments under such leases are Rs. 60,000/-. (previous year Rs. 61,014/-)

7. Retirement Benefit Plans Defined benefit plan

Gratuity Plan

The present value ofthe defined benefit obligation and the related current service cost were measured using the Projected Unit Credit Method with actuarial valuations being carried out at the balance sheet date.

The following tables set out the status ofthe gratuity plan and amounts recognized in the Company''s financial statements as at March 31,2011:

8. Foreign Exchange Exposure:

The company has not entered in any forward contract for hedging or otherwise in respect of foreign currencies during the year, and there are no such contracts outstanding at the end of the year.

9. Other Notes

a) In the opinion of the Board of Directors, Current Assets, Loans and Advance have the value at which these are stated in the Balance Sheet, if realised in the ordinary course of business and the provisions for all known liabilities is adequate and not in excess of or less than the amount reasonably necessary.

b) Previous year''s figures have been regrouped or rearranged or reclassified wherever necessary to confirm to those of the current year.