Kaarya Facilities and Services Ltd. நிறுவனத்தின் கணக்கியல் கொள்கைகள்

Mar 31, 2025

d. Rights,Preferences & Restrictions attached to Equity Shares

The Company has one class of equity shares having a par value of Rs.10/- (Rs.10/-) each. Each shareholder is eligible for one vote per share held. The dividend proposed by the Board of Directors is subject to the

approval of the shareholders in the ensuing Annual General Meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.

During the year ended 31 March,2025, the amount of per share dividend recognised as distribution to equity shareholders was Rs. Nil/-. (Previous Year "NIL" )

a. Title deeds of immovable properties not held in the name of company

The Company does not hold any immovable property during the year, therefore this disclosure is not applicable.

b. Revaluation of Property Plant and Euipment

During the year the company has not revalued the Property Plant and Equipment

c. Loans or Advances in nature of loans granted to promoters, directors, KMPs and the related parties (severally or jointly)

During the year, the company has advanced loan to its associate company "Kaarya Next Solutions Private Limited" and the said loan is repayable on demand without specifying the terms or period of repayment:

d. Capital-Work-in Progress (CWIP)

The company does not have any capital work in progress hence reporting in this regard is not applicable.

e. Details of Benami Property held

There are no proceedings intiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the reules made thereunder

f. Borrowings from banks and financial institutions on the basis of security of the current assets

The Company has been sanctioned working capital limits in excess of Rs. 5 crores, in aggregate, at points of time during the year, from banks or financial institutions on the basis of security of current assets. In our opinion, the quarterly returns filed by the Company with such banks or financial institutions are not in agreement with the unaudited books of accounts of the Company of the respective quarters.The details of variations are as under:

g. Wilful Defaulter

The company has not been declared as wilful defaulter by any bank or financial institution or government or any government authority.

h. Relationship with Struck off Companies

The company has not entered in any transaction with struck off companies during the financial year.

i. Registration of charges or satisfaction with Registrar of Companies

The company has registered all the charges or satisfaction as required with the Registrar of Companies within the statutory period

j. Compliance with number of layers of companies

The company does not have any subsidiaries during the financial year. Hence the restrictions prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017 is not applicable.

k. Compliance with approved Scheme(s) of Arrangements

The company is not under any scheme of Arrangements as prescribed under sections 230 to 237 of the Companies Act, 2013. Hence, there is no effect of such schemes in the books of accounts as at end of the year.

l. Utilisation of Borrowed funds and share premium

(A)Where company has advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intemediaries) with the understanding (whether recorded in writing or otherwise) that the intemediary shall:

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries)

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries; the company shall disclose the following:-

(I) date and amount of fund advanced or loaned or invested in Intermediaries with complete details of each Intermediary.

(II) date and amount of fund further advanced or loaned or invested by such Intermediaries to other intermediaries or Ultimate Beneficiaries alongwith complete details of the ultimate beneficiaries

(III) date and amount of guarantee, security or the like provided to or on behalf of the Ultimate Beneficiaries

(IV) declaration that relevant provisions of the Foreign Exchange Management Act, 1999 (42 of 1999) and Companies Act has been complied with for such transactions and the transactions are not violative of the Prevention of Money-Laundering act, 2002 (15 of 2003);

m. Corporate Social Responsibility

The Provisions of Corporate Social Responsibility under Section 135 of The Companies Act, 2013 is not applicable to the company.

n. Undisclosed Income

The Company does not have any transaction not recorded in the books of accounts that has been surrendered or disclosed as income during the current period in the tax

o. Details of Crypto Currency or Virtual Currency

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

p. Employee Benefit Obligations — Gratuity

The gratuity liability is determined based on an actuarial valuation carried out by an independent actuary using the Projected Unit Credit Method.