q) Provisions and contingent liabilities

The Company recognizes a provision when there is a present obligation arising from a past event that probably requires an outflow of
resources and a reliable estimate can be made of the amount of the obligation. 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 that the likelihood of outflow of resources is remote, no provision or disclosure is made.

a) On 22nd November 2023, the Company has issued and allotted 5,58,000 equity shares having face value of Rs. 10 each by way of Initial Public Offer.

b) In the event of liquidation of the company, the holders of equity shares will be entitled to receive any of the remaining assets of the company, after
distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held at the time of commencement of
winding-up.

c) The Shareholders have all other rights as available to equity shareholders as per the provisions of The Companies Act, 2013, read together with the
Memorandum of Association and Articles of Association of the Company, as applicable.

d) The Company has a single class of equity shares. Accordingly, all equity shares rank equally with regard to dividends and share in the Company's residual
assets. Equity shares are entitled to receive dividend as declared from time to time. The voting rights of an equity shareholder are in proportion to its
share of the paid-up equity capital of the Company.

e) No dividend is declared by the Company during the year ended on March 31, 2024 and March 31, 2023.

Note 31: Other Statutory Information

ⁱ⁾ The Company do not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property.

(ii) The Company did not enter into any transactions with struck off companies during the year

(iii) The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period

(iv) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

(v) The Company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the
understanding that the Intermediary shall:

(a) 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

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

^(vi) The Company have 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:

(a) 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

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries,

(vii)

The Company have not any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year
in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.

(viii) Balance shown under head Sundry debtors, creditors and advances are subject to confirmation.

(ix) There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company.

(x) The Company has considered possible effects of ongoing pandamic Covid-19 while preperation of financial statements.

(xi) The Company has used all borrowings from bank and financial institution for the specific purpose for which it was taken at balance sheet date.

(xii) Previous year’s figures have been regrouped / reclassified wherever necessary to correspond with current year’s classification.

As per our report of even date For and on behalf of Board of Directors

For and on behalf of ARROWHEAD SEPERATION ENGINEERING LTD

B.B Gusani & Associates CIN: U74210MH1991PLC062643

Chartered Accountants

FRN:140785W

Sd/- Sd/-

Sd/-

Bhargav Gusani Ajit Mundle Jyoti Mundle

Proprietor Managing Director Director

Membership No: 120710 DIN: 01745577 DIN: 01744211

Date : May 22, 2024 Date : May 22, 2024 Date : May 22, 2024

Place : Jamnagar Place: Nashik Place: Nashik

UDIN : 24120710BJZWCW9738

Sd/- Sd/-

Sitaram S Kavar Radhika Bhootra

C hief Financial Officer C ompany Secretary

PAN:ADQPK1825Q PAN: DAXPB9451C

Date : May 22, 2024 Date : May 22, 2024

Place: Nashik Place: Nashik