c) Terms / rights attached to Equity Share: The Company has only one class of Equity Share having a par value of Rs.10/- per Equity Share. Each holder of Equity share is entitled to one vote per share. 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 shareholdings.

The Company does not hold any dues payable to Micro, Small and Medium Enterprises as at March 31, 2025 other than those disclosed above. This information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company and relied upon by the auditors. Refer Note 40 for other disclosures.

35 Post-employment benefits Defined contribution plan

The Company makes Provident Fund contributions, which is a defined contribution plan, for all employees. Under the Scheme, the Company contributes 12% of the qualifying salary to fund the benefit. The expense recognised by the Company towards the contribution plan in the Statement of Profit and Loss during the year is ?3.08 lakhs (March 31, 2024: ? 2.51 lakhs ).

Defined benefit plan

The Company has a defined benefit gratuity plan, governed by the Payment of Gratuity Act, 1972. It entitles an employee, who has rendered at least five years of continuous service, to gratuity at the rate of fifteen days wages for every completed year of service or part thereof, based on the rate of wages last drawn by the employee concerned. The gratuity plan is an unfunded plan upto the year ended March 31,2024, the liability for gratuity was the liability is determined for all employees who had completed atleast 5 years of service based on the actual completed period of service by the respective employees and their current salary. During the curent financial year 2024-25, the Company has obtained an actuarial valuation report for determining its gratuity liability. Accordingly,the below disclosures have been provided only for the current financial year.

36 Contingent liability

The Company does not have any contingent liability as at March 31, 2025 and March 31, 2024.

37 Financial instruments - Fair values and risk management A. Accounting classifications and fair values

The following table shows the carrying amounts and fair values of financial assets and financial liabilities.

Note: The Company has not disclosed fair values of financial instruments such as security deposits, bank deposits, trade receivables, cash and bank balances, other financial assets because their carrying amounts are reasonable approximations of their fair values. Such items have been classified under amortised costs in the above table.

* Investment in equity shares of subsidiary has been accounted at cost as per Ind AS 27 “Consolidated and Separate Financial Statements”.

B. Financial Risk Management

The Company's activities expose it to credit risk and liquidity risk. This note explains the sources of risk which the entity is exposed to and how the entity manages the risk.

a) Credit risk: The credit risk refers to risk that a counterparty will default on its contractual obligations resulting in financial loss to the Company. Credit risk arises primarily from financial assets such as trade receivables, bank balances and security deposits.

The Company considers the probability of default upon initial recognition of asset and whether there has been a significant increase in credit risk on an ongoing basis throughout each reporting period. To assess whether there is a significant increase in the credit risk the Company compares the risk of default occurring on the asset as at the reporting date with the risk of default as at the date of initial recognition. Surplus cash is deposited only with banks/financial institutions/ invested in mutual funds with a high external credit rating.

The credit risk on security deposits has been assessed as insignificant.

Receivables from nil customers of Trade receivables ( March 31,2024 one customer - Rs. 82.53 lakhs) which is more than 10 percent of the Company's total Trade receivables.

b) Liquidity Risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial asset. Liquidity risk may result from an inability to sell a financial asset quickly to meet obligations when due. The Company's exposure to liquidity risk arises primarily from mismatches of maturities of financial assets and liabilities.

The Company manages the liquidity risk by (i) maintaining adequate and sufficient cash and cash equivalents (ii) making available the funds from realizing timely maturities of financial assets to meet the obligations when due. The Management monitors rolling forecast of the Company's liquidity position and cash and cash equivalents on the basis of expected cash flows. Also, the Company manages the liquidity risk by projecting cash flows considering the level of liquid assets necessary to meet the obligations by matching the maturity profiles of financial assets and financial liabilities and monitoring Balance Sheet liquidity ratios. Further, the liquidity risk management involves matching the maturity profiles of financial assets and financial liabilities.

c) Maturity profile

The following are the remaining contractual maturities of financial liabilities at the reporting date. The amounts are gross and undiscounted, including contractual interest but excluding impact of netting agreements.

The actual outflow of resources in respect of the financial guarantee liability is contingent on any default made by the subsidiary to its bankers. Accordingly, the maturity profile for the same has not been disclosed above as the same is not pre-determined.

38 Capital management

The Company adheres to a cautious capital management that seeks to trigger growth creation and maximization of shareholders' value. For the purpose of the Company's capital management, capital includes issued capital and all other equity reserves attributable to the shareholders of the Company. The Company has been funding its growth and working capital requirements completely through internal accruals and did not have any debt.

39 Micro, Small and Medium enterprises

Information as required to be furnished as per Section 22 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 is given below. This information has been determined to the extent such parties have been identified on the basis of information available with the Company and have been relied upon by the auditors:

40 Disclosures in respect of leases:

The Company, vide agreement dated May 4, 2012 has given land along with its demised premise under lease for a period of 29 years to Apollo Hospitals Enterprises Limited which is renewable at the option of lessee for a further period of 31 years. The Company has also let-out certain other residential properties on a short-term basis. In line with these agreements, as amended, the Company has during the year received rental income of Rs. 821.73 lakhs (FY 2023-24 - Rs. 811.08 Lakhs) and the same is included under Other Operating Revenue.

The Company has entered into certain short-term leases (less than 12 months) and the rent paid in respect of such properties are included in Note 31.

41 Investment Property

Disclosure as required by Ind AS 40- Investment Property is set out as follows:

The Company owns premises which are held for earning rental income and accordingly the same has been classified as Investment Property which is measured at cost.

• Significant assumptions in determining the fair value of land:

In the opinion of the management, the guideline value is nearer to the fair value and accordingly, the guideline value as advised by the Government of Tamil Nadu is reckoned as fair value.

In respect of Investment property purchased and capitalized during the year ended March 31, 2022, the value at which the property was purchased is assumed to be fair value of the property for the current and previous year.

• Rental Income from Investment Property (recognized as other Operating income)

Rs. 821.73 lakhs (FY 2023-24 - Rs. 811.08 lakhs)

• Direct operating expenses arising from Investment property that generated/did not generate income- Rs. 24.86 lakhs ( FY 2023-24 - Rs. 3.19 lakhs)

42 Title deeds of Immovable Property not held in the name of the Company:

The Company does not possess any immovable property whose title deeds are not held in the name of the Company during the financial year ended March 31, 2025 and March 31, 2024.

43 Other disclosures related to Property, Plant and Equipment, Intangible Assets, Capital work-inprogress and Intangible Assets under development

The Company has not revalued its Property, Plant and Equipment or Intangible Assets or both during the year.

The Company did not have any Capital work-in-progress or Intangible assets under development. Accordingly the relevant disclosures in this regard have not been provided.

44 Details of Benami Property Held

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 rules made there under during the financial years ended March 31, 2025 and March 31, 2024.

45 Loans and advances to related parties

“There are no Loans or Advances in the nature of loans that have been granted 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.”

46 Borrowing from bank or financial institutions

The Company does not have any borrowings from banks or financial institutions on the basis of security of current assets.

47 Wilful Defaulter

The Company has not been declared as a wilful defaulter by any bank or financial Institution or other lenders.

48 Transactions with Struck off Companies

There are no transactions with struck off companies under Section 248 of the Companies Act 2013 or Section 560 of the Companies Act 1956 during the financial years ended March 31, 2025 and March 31, 2024.

49 Utilisation of Borrowed funds and Share premium

(A) The Company has not advanced/loaned/invested or received 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 (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall 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 provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

(B) 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 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 (ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

50 No charges or satisfaction is yet to be registered with Registrar of Companies beyond the statutory period.

51 The Company has complied with the number of layers prescribed u/s 2(87) read with the applicable Rules.

52 There is no Scheme of Arrangements that has been approved in terms of Sections 230 to 237 of the Companies Act, 2013.

53 Details of Crypto Currency or Virtual Currency:

The Company has not traded or invested in crypto currency or virtual currency during the financial years ended March 31, 2025 and March 31, 2024.

54 Undisclosed Income

There are no transactions in the nature of Undisclosed Income during the financial years ended March 31, 2025 and March 31, 2024.

There is no shortfall in the CSR amount required to be spent by the Company as per section 135(5) of the Act for the financial years ended March 31, 2025

56 Segment reporting

Identification of segments:

The chief operational decision maker monitors the operating results of its business segments separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on profit and loss of the segment and is measured consistently with profit or loss in these financial statements.

Operating segments have been identified on the basis of the nature of services.

Operating segments:

(a) Renting of investment property

(b) Implementation of solar power projects Geographical segments

The Company's operations and customers are only in India. Accordingly, there are no reportable geographical segments.

Segment revenue and results

The expenses and income which are not directly attributable to any business segment are shown as unallocable expenditure (net of unallocable income).

Segment assets and liabilities:

Assets used by the operating segments mainly consist of property, plant and equipment and trade receivables. Segment liabilities include trade payables and other liabilities. Common assets and liabilities which cannot be allocated to any of the segments are shown as a part of unallocable assets/liabilities. Liabilities which cannot be allocated to any of the segments are shown as a part of unallocable assets/ liabilities. The measurement principles of segments are consistent with those used in preparation of these standalone financial statements. There are no inter-segment transfers.

Remarks

(i) The decline in the Trade Receivables Ratio is primarily due to receivables generated from the sale associated with the implementation of a solar power project in the previous year which has been fully realised in the current year.

(ii) The decrease in the Net capital turnover ratio is primarily attributable to the significant additional revenue generated during the previous year.

(iii) The increase in the Net Profit Ratio is due to the lower margin involved in the revenue generated from the implementation of solar power project during the previous year.

(iv) The decrease in Return on Investment is primarily attributable to the unfavourable market condtitions towards the end of the year as against the highly favourable conditions in the previous year.

58 Events after reporting date

The Company has evaluated subsequent events from the balance sheet date through the date on which the

financial statements were authorised for issue, and determined that there are no items to disclose.

59 Previous year balances

Previous year figures have been regrouped/reclassified wherever necessary to correspond with current

year's classification/disclosure. Such restatement does not have any material effect on the information in the

balance sheet at the beginning of the preceding period.