(ii) Rights, preferences and restrictions attached to shares

Equity Shares: The Company has one class of equity shares of face value of ^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.

Extension of Equitable Mortgage over Land & Building in the name of the Company has given as a Primary Security ,having Tittle Deed - 6644 dt 28.07.2006 & Tittle Deed - 4026 dt 17.04.2009 .

Extension of Equitable Mortgage over Land & Building in the name of the Company has given as a Collateral Security ,having 1.Tittle Deed - 9937 dt 15.10.2007 2. Tittle Deed - 8117 dt 16.09.2006 3. Title Deed - 10330 dt 28.11.2006 4. Tittle Deed - 9375 dt 30.07.2009 5. Tittle Deed - 8443 dt 24.07.2009 .

Beyond above Personal Guarantee of Shareholders & Directors has given namely: 1. Harendra Singh 2. Sukanti Kumar Das 3. Madhuri Singh 4.Nayan Praksah Singh 5.Nitu Singh 6.Gopal Singh 7. Udai Pratap Singh.

Moratorium Period of above Term Loan is till 31/03/2023 and EMI will start from 01/04/2023.

Loan taken from HDFC Bank an amount of Rs 28,50,00,000/- under LGSCAS Scheme issued by the Ministry of Finance through the (NCGTC) for the purpose of Procurement of Healthcare Equipment for Cancer Unit Situated at Ranguni Dhanbad having tenor 108 Months including Moratorium of 12 Months.

During the year, Company has taken term loan from SBI Bank for which Hypothecation of Plant & Machinery proposed to be purchased has been given as primary security

Extension of Equitable Mortgage over Land & Building in the name of the Director Smt Madhuri Singh & Sri Harendra Singh has given as a Collateral Security ,having 1.Tittle Deed - 9375 dt 30.07.2009 2. Tittle Deed - 8443 dt 24.07.2009

Moratorium Period of above Term Loan is 06 Months and EMI will start from 01/04/2025.

Hypothecation of Plant & Machinery proposed to be purchased out of Bank Finance has also given as a Primary Security .

Extension of Equitable Mortgage over Land & Building in the name of the Company has given as a Collateral Security ,having 1.Tittle Deed - 1558 dt 20.02.2008 2. Tittle Deed - 4842 dt 23.05.2007 .

Beyond above Personal Guarantee of Shareholders & Directors has given namely: 1. Harendra Singh 2. Sukanti Kumar Das 3. Madhuri Singh 4.Nayan Praksah Singh 5.Nitu Singh 6.Gopal Singh 7. Udai Pratap Singh.

Term Loan Security Details:

Extension of Equitable Mortgage over Land & Building in the name of the Company has given as a Primary Security ,having 1.Tittle Deed - 6644 dt 28.07.2006 2. Tittle Deed - 4026 dt 17.04.2009.

Extension of Equitable Mortgage over Land & Building in the name of the Company has given as a Collateral Security ,having 1.Tittle Deed - 9937 dt 15.10.2007 2. Tittle Deed - 8117 dt 16.09.2006 3. Title Deed - 10330 dt 28.11.2006 4. Tittle Deed - 9375 dt 30.07.2009 5. Tittle Deed - 8443 dt 24.07.2009 .

Beyond above Personal Guarantee of Shareholders & Directors has given namely: 1. Harendra Singh 2. Sukanti Kumar Das 3. Madhuri Singh 4.Nayan Praksah Singh 5.Nitu Singh 6.Gopal Singh 7. Udai Pratap Singh.

Moratorium Period of above Term Loan is till 31/03/2023 and EMI will start from 01/04/2023.

During the year, Company has taken term loan from SBI Bank for which Hypothecation of Plant & Machinery proposed to be purchased has been given as primary security

Extension of Equitable Mortgage over Land & Building in the name of the Director Smt Madhuri Singh & Sri Harendra Singh has given as a Collateral Security ,having 1.Tittle Deed - 9375 dt 30.07.2009 2. Tittle Deed - 8443 dt 24.07.2009. Moratorium Period of above Term Loan is 06 Months and EMI will start from 01/04/2025.

Investment in Equity Shares of Asarfi Educational Foundation -Wholly owned Subsidiary :-

There is decline in the value of Investment in Subsidiary i.e Asarfi Educational Foundation to zero Value as the Net worth of Asarfi Educational Foundation is negetive since it has not able to generate revenue till 31.03.2025, and it has incurred losses during the current financial year as well as during FY 2023-24,however it is actively working to generate the revenue and surplus, based on the Activity report of the Asarfi Educational Foundation it can be resonably considered that the decline in the Value of Investment in Equity Shares of Subsidiary is temporary and not parmanent decline.

General Description of the Plan

The Entity operates gratuity plan wherein every employee is entitled to the benefit equivalent to fifteen days salary last drawn for each completed year of service. The same is payable on termination of service or retirement, whichever is earlier. The benefit vests after five years of continuous service. In case of some employees, the Entity's scheme is more favourable as compared to the obligation under Payment of Gratuity Act, 1972.

Reasons for Variances

1. Current Ratio - Ratio increased by 38.57% mainly due to increase in Sundry Debtors during the year.

2. Debt Equity Ratio- Ratio Increased by 31.64% due to increase in Borrowings from the bank during the year.

3. Return on Equity Ratio - Ratio increased by 92.74% due to increase in Profit during the year.

4. Net Capital Turnover Ratio - Ratio decreased by 90.04% due to increase in Closing Working Capital.

7. Net Profit ratio - Ratio increased by 82.47% due to increase in turnover and profit and during the year.

8. Return on Capital Employed - Ratio increased by 64.58% due to increase in Earnings before Interest and taxes.

9. Return on investment - Ratio increased by 125.52% due to increase in profit.

Nature of CSR activities

1. The company has provided treatment to an Orphan child, free of cost amounting to Rs 81875/-

2. The company has donated a sum of Rs 30000/- towards the Tribals Cultural Society

3. The company has donated Rs 1364680/- for setting up of cancer research labaratory to Asarfi Charitable Trust in the FY 2024-25

43 Other Statutory Disclosures as per the Companies Act, 2013

1 No title deeds of Immovable Property not held in name of the Company

44 Regrouping

Previous Years figure has been regrouped/rearranged/rephased whereever necessary to make them comparable.

45 Details of Benami Property held

The company does not hold any benami property

46 Wilful Defaulter

The company has not been declared as a wilful defaulter by RBI or financial statement

47 Investment in Crypto Currency or Virtual Currency

Company has not invested in Crypto Currency or Virtual Currency.

_ _ft .....* ............O_.

48 Provision For Gratuity

Provision for Gratuty (Current & Non-current) has been made on the basis of Actuarial Valuation Report.

49 Other Disclosures

Earlier in the past year, the company's land acquired from JIADA, went under dispute. Now, As per the order of the High Court of Jharkhand, On 07.03.2025 vide order No. 85 Hon'ble High Court has been pleased to delete the name of the company from the array of parties from the on - going civil litigation bearing First Appeal Case No- 43 of 2012. Pursuant to this order of the High Court of Jharkhand, any decision in the case will not be binding on the company.