H. Provisions and Contingencies :

A provision is recognized when there is a present obligation as a result of past event, for which it is probable that an
outflow of resources will be required to settle the obligation and in respect of which reliable estimate can be made.

A disclosure for a contingent liability is made when there is a possible obligation or a present obligation that may, but
probably will not, require an outflow of resources. Where there is a possible obligation or a present obligation in respect of
which the likelihood of outflow of resources is remote, no provision or disclosure is made.

(c) Rights, preferences and restrictions attached to shares

Equity shares: The Company has 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, the equity shareholders are eligible to receive the
remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual
except in case of interim dividend.

shares reserved for issue under options and contracts/commitments for the sale of shares/disinvestment, including the
terms and amounts

The Company issued 25,00,000 (Twenty-Five Lakhs) convertible warrants at an issue price of Rs. 50 (Rupees Fifty only) per
warrant, consisting of a face value of Rs. 10 (Rupees Ten only) and a premium of Rs. 40 (Rupees Forty only). An amount of Rs.
12.50 per warrant was received in March 2023, with the balance received in August 2024. Upon receipt of the full
consideration, the warrants were converted into equity shares of the Company, for which trading and listing approval was
subsequently obtained from the NSE.

30. Property, Plant and Equipment

Property, Plant and Equipment represent a significant proportion of the asset base of the company. The changes in
respect of periodic depreciation is derived after determining an estimate of an asset’s expected useful life and the
expected residual value at the end of its life. The useful lives and residual values of Company’s assets are determined
by the management at the time the asset is acquired and reviewed periodically, including at each financial year end.
The lives are based on historical experience with similar assets as well as anticipation of future events, which may
impact their life, such as changes in Technology.

(a) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of
the reporting period showing additions, disposals, acquisitions through business combinations, amount of
change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class
of Property, Plant and Equipment) and other adjustments and the related depreciation and impairment
losses/reversals shall be disclosed separately.

(b) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of
the reporting period showing additions, disposals, acquisitions through business combinations, amount of
change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class
of intangible assets) and other adjustments and the related depreciation and impairment losses or reversals
shall be disclosed separately.

37. Corporate Social Responsibility Expenditure

As per Section 135 of the Companies Act, 2013, a company, meeting the applicability threshold, needs to spent at least 2%
of its average net profit for the immediately preceding three financial years on Corporate Social Responsibility (CSR)
activities. The areas for CSR activities are education of hunger and malnutrition, promoting education, art and culture,
healthcare, destitute care and rehabilitation, environment suitability, disaster relief, Covid-19 relief and rural development
projects.

The Company is not required to incur any CSR expenditure for the financial year 2024-25, as it does not exceed the
thresholds prescribed under Section 135 of the Companies Act, 2013. Accordingly, the provisions relating to CSR are not
applicable to the Company for the said financial year.”

42. There were no overdue amounts payable, to Small Scale Industrial Undertakings (MSME) as on March 31, 2025.

43. Previous year figures have been regrouped, recast and rearranged wherever necessary to correspond with the Current
Year’s Figures. Previous Year’s Figures for Cash Flow Statement are drawn as Cash Flow Statement for the year ended
March 31, 2025 under Companies Act, 2013.

44. Paise have been rounded off to the nearest Lakh.

As per our report of even date

^{For DARApANEN|} & ^C°. For and on behalf of the Board of Directors

Chartered Accountants, CADSYS (INDIA) LIMITED

Firm Registration Number: 000685S

Sd/-

Sree Rama Chandra Murthy .Ch

^Partner Sd/- Sd/-

^Membership l\l°. ²³³⁰¹⁰ _{N C V Rangachama N C Padmaja}

UDIN: 25233010BMIABI4486 _M ' ' _i D- _t ^y C/ -f _f ^J _Off

Managing Director Chief Finance Officer

DIN: 01067596 DIN: 01173673

Place : Hyderabad
Date : May 30, 2025