PMC Projects 2021 Annual Report.pdf

PMC PROJECTS (INDIA) PRIVATE LIMITED
Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[400100] Disclosure of general information about company
Unless otherwise specified, all monetary values are in INR
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Name of company
PMC PROJECTS (INDIA)
PRIVATE LIMITED
Corporate identity number U45202GJ2005PTC045974
Permanent account number of entity AADCP5841L
Address of registered office of company
AMDC BUILDING, AT
SHANTIGRAM , NEAR
VAISHNODEVI CIRCLE, S.G.
HIGHWAY, , Ahmedabad ,
GUJARAT , INDIA - 382421
Type of industry
C o m m e r c i a l a n d
Industrial
Number of employees in the company at the end of the financial Year [pure] 0
Whether company has published sustainability report for the financial
Year
No
Date of board meeting when final accounts were approved 27/07/2021
Date of start of reporting period 01/04/2020 01/04/2019
Date of end of reporting period 31/03/2021 31/03/2020
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other
relevant books and papers in electronic form
Yes
Complete postal address of place of maintenance of computer
servers (storing accounting data)
Plot No. B-7, Sec-132,
Noida, UP - 201301
Name of city of place of maintenance of computer servers (storing
accounting data)
Noida
Name of state/ union territory of place of maintenance of
computer servers (storing accounting data)
Noida (UP)
Pin code of place of maintenance of computer servers (storing
accounting data)
201301
Name of district of place of maintenance of computer servers
(storing accounting data)
Noida
ISO country code of place of maintenance of computer servers
91 (IN)
Name of country of place of maintenance of computer servers
INDIA
Phone (with STD/ ISD code) of place of maintenance of computer
servers (storing accounting data) 079-25555650
[400400] Disclosures - Directors report
Details of directors signing board report [Table] ..(1)
Directors signing board report [Axis] 1
01/04/2020
to
31/03/2021
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director ASHWIN
Middle name of director KIRTILAL
Last name of director MODI
Designation of director Director
Director identification number of director 07605305
Date of signing board report 27/07/2021

2
PMC PROJECTS (INDIA) PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
01/04/2020
to
31/03/2021
Disclosure in board of directors report explanatory [TextBlock]
Textual information (1)
[See below]
Description of state of companies affair
[See below]
Disclosure relating to amounts if any which is proposed to carry to any
reserves
NA
Disclosures relating to amount recommended to be paid as dividend
D I V I D E N D : I n
view of loss during the
year under review, your
Directors have not
recommended any dividend
on the equity shares for
t h e F Y
2020-‘21.
Details regarding energy conservation
[See below]
Details regarding technology absorption
[See below]
Details regarding foreign exchange earnings and outgo
[See below]
Disclosures in director’s responsibility statement
[See below]
Details of material changes and commitment occurred during period
affecting financial position of company
[See below]
Particulars of loans guarantee investment under section 186 [TextBlock]
[See below]
Particulars of contracts/arrangements with related parties under section
188(1) [TextBlock]
[See below]
Whether there are contracts/arrangements/transactions not at arm's
length basis
No
Whether there are material contracts/arrangements/transactions at
arm's length basis
No
Disclosure of extract of annual return as provided under section 92(3)
[TextBlock]
[See below]
Disclosure of statement on declaration given by independent directors
under section 149(6) [TextBlock]
Not Applicable
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters
provided under section 178(3) [TextBlock]
As provided
Disclosure of statement on development and implementation of risk
management policy [TextBlock]
[See below]
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year
[TextBlock]
Not Applicable
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Disclosure of financial summary or highlights [TextBlock]
[See below]
Disclosure of change in nature of business [TextBlock] Not Applicable
Details of directors or key managerial personnels who were
appointed or have resigned during year [TextBlock]
[See below]
Disclosure of companies which have become or ceased to be its
subsidiaries, joint ventures or associate companies during
year [TextBlock]
Not Applicable
Details relating to deposits covered under chapter v of companies act
[TextBlock]
[See below]
Details of deposits which are not in compliance with requirements
of chapter v of act [TextBlock]
Not Applicable
Details of significant and material orders passed by
regulators or courts or tribunals impacting going concern
status and company’s operations in future [TextBlock]
[See below]
Details regarding adequacy of internal financial controls with
reference to financial statements [TextBlock]
[See below]
Disclosure of appointment and remuneration of managerial personnels
[TextBlock]
As provided
Statement showing details of employees of company under
rule 5(2) and (3) of companies appointment and
remuneration of managerial personnels rules 2014
[TextBlock]
[See below]
Number of meetings of board [pure] 5

3
Disclosure in board of directors report explanatory [Text Block]
DIRECTORS' REPORT
Dear Shareholders,
Your Directors have pleasure in presenting the 16th Annual Report along with the Audited Financial Statements of your Company for the
financial year ended on 31st March, 2021.
FINANCIAL HIGHLIGHTS:
The financial highlights of your Company for the year ended 31st March, 2021 is depicted below:
(Amount In Rs.)
Particulars 31st March, 2021 31st March, 2020
Revenue from Operations - 64,740,066
Other Income 21,59,584 6,332,426
Total Revenue 21,59,584 71,072,492
Purchases of Traded Goods - 43,160,044
Sub-contracting Expense - -
Employee benefits expenses - 1,562
Finance Cost 11,54,73,960 11,96,16,483
Depreciation and amortization expense 2,75,155 403,688
Other expenses 3,27,930 1,438,284
Total Expenses 11,60,77,045 164,620,061
Profit / (Loss) Before Tax (11,39,17,461) (93,547,569)
Tax Expenses -
Current Tax - -
MAT Credit Entitlement - -
Adjustment for earlier year tax 1385 -
Profit / (Loss) for the year (11,39,18,846) (93,547,569)
FINANCIAL PERFORMANCE OF THE COMPANY:
During the year under review, your company has recorded Total Revenue of Rs. 21,59,584 as compared to Rs. 71,072,492 for the year ended
March 31, 2020. During the year under review, Net Loss stood at Rs. 11,39,18,846 at the year ended of March 31, 2021.
DIVIDEND:
In view of loss during the year under review, your Directors have not recommended any dividend on the equity shares for the FY 2020-‘21.

4
MATERIAL CHANGES AND COMMITMENTS:
Except as disclosed elsewhere in this report, no material changes and commitments which could affect the Company’s financial position have
occurred between the end of the financial year of the Company and date of this report.
DEPOSITS:
During the year under review, your Company has not accepted any deposits within the meaning of Section 73 of the Companies Act, 2013
read with rules made thereunder.
SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES:
As at March 31, 2021, Your Company continues to be Wholly–owned Subsidiary (“WOS”) of PMC Infra Limited (“PIL”) a foreign company
incorporated outside India.
The annual financial statements and related detailed information of the subsidiary company shall be made available to the shareholders of the
holding and subsidiary company seeking such information on all working days during business hours. The financial statements of the
subsidiary company shall also be kept open for inspection by any shareholder/s during working hours at the Company's registered office and
that of the subsidiary company.
PARTICULARS OF LOANS, GUARANTEE OR INVESTMENT:
The Company has not given any guarantee or made any investment during the year under review. The details of loan given by the Company
during the year under review are disclosed in the financial statements.
DIRECTORS & KEY MANAGERIAL PERSONNEL:
There was no change in the composition of Board of Directors and the Key Managerial Personnel during the year under review.
DIRECTORS’ RESPONSIBILITY STATEMENT:
Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of their knowledge and ability, state the
following:
a. That in the preparation of the annual financial statements, the applicable accounting standards have been followed along with proper
explanation relating to material departures, if any;
b. That such accounting policies have been selected and applied consistently and judgement and estimates have been made that are
reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at 31st March, 2021 and of the loss of the
Company for the year ended on that date;
c. That proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provisions of
the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;
d. That the annual financial statements have been prepared on a going concern basis;
e. That proper internal financial controls were in place and that the financial control were adequate and were operating effectively;
f. That proper system to ensure compliance with the provisions of all applicable laws were in place and were adequate and operating
effectively.
Number of Board Meetings:
During the year under review, Board met Five times on 27th April, 2020, 18th June, 2020, 04th August, 2020, 03rd November, 2020 and
02nd February, 2021. The maximum time gap between any two meetings is not more than 120 days.

5
The attendance of each Director at the Board Meetings held during the year is as under:
Name of Directors Meetings
Held Attended
Mr. Ashwin Modi 5 5
Mr. Ambar Dave 5 5
BOARD EVALUATION:
The Board adopted a formal mechanism for evaluating its performance as well as that of its Committees and individual Directors, including
the Chairman of the Board. The exercise was carried out through a structured evaluation process covering various aspects of the Board
functioning such as composition of the Board & committees, experience & competencies, performance of specific duties & obligations,
contribution at the meetings and otherwise, independent judgment, governance issues etc.
RISK MANAGEMENT:
Your Company has a formal risk assessment and management system which identifies risk areas, evaluates their consequences, initiates risk
mitigation strategies and implements corrective actions where required.
SIGNIFICANT AND MATERIAL ORDERS:
There are no significant and material orders passed by the Regulators or Courts or Tribunals which would impact the going concern status
and the Company’s future operations.
INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:
The Company has an internal control system, commensurate with the size, scale and complexity of its operations. The Internal Auditor
monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems,
accounting procedures and policies of the Company.
DISCLOSURE IN RELATION TO THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION &
REDRESSAL) ACT, 2013:
As per the requirement of The Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013 and rules made
thereunder, your Company has constituted Internal Complaints Committee which is responsible for redressal of complaints related to sexual
harassment.
Details of complaints received during the year under review are as under:
Particulars Number of Complaints
Number of complaints filed during the financial year -
Number of complaints disposed-off during the financial year -
Number of complaints pending as on the end of the financial year -
AUDITORS & AUDITORS’ REPORT:
Pursuant to the provisions of Section 139 of Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, as amended,
M/s. Shah Dhandharia & Co., Chartered Accountants, Ahmedabad (Firm Registration No. 118707W), the Statutory Auditors of the
Company, have been re-appointed in the Annual General Meeting held on 30th September, 2019 and who shall hold office up to the
conclusion of the Annual General Meeting to be held in the year 2024.

6
Notes to the financial statements referred in the Auditors Report are self-explanatory and therefore do not call for any comments under
Section 134 of the Companies Act, 2013.
AUDIT QUALIFICATION:
There were no qualifications, reservation or adverse remarks given by Statutory Auditors of the Company.
EXTRACT OF ANNUAL RETURN:
The details forming part of the extract of the Annual Return in Form MGT-9 is annexed which forms part of this Report.
RELATED PARTY TRANSACTIONS:
Suitable disclosure as required by the Account Standard - 18 has been made in the notes to the Financial Statements.
INSURANCE:
The Company has taken appropriate insurance for all assets against foreseeable perils.
SECRETARIAL STANDARDS:
Your Directors confirm that the Secretarial Standards issued by the Institute of Company Secretaries of India, have been complied with.
COST RECORDS:
Requirement of Maintenance of cost records as specified by the Central Government under sub-section (1) of section 148 of the Companies
Act, 2013, is not applicable to the company
PARTICULARS OF EMPLOYEES:
The Company has not employed any individual whose remuneration falls within the purview of the limits prescribed under the provisions of
Section 197 of the Companies Act, 2013, read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014.
A. Personnel who are in receipt of remuneration aggregating not less than Rs. 102 Lakhs per annum and employed throughout the year:
Nil
B. Employed for a part of the financial year and were in receipt of remuneration for any part of the financial year at a rate which in
aggregate was not less than Rs. 8.5 Lakhs per month: Nil
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNING AND OUTGO:
The information on the conservation of energy, technology absorption, Foreign Exchange Earnings and Outgo as required under Section
134(3)(m) of the Companies Act, 2013 read with Rule 8 of The Companies (Accounts) Rules, 2014, as amended from time to time, is as
under:
A. Conservation of Energy:
(i) The steps taken or impact on conservation of energy: N.A.
(ii) The steps taken by the company for utilizing alternate sources of energy: N.A.
(iii) The capital investment on energy conservation equipment’s: N.A.
B. Technology Absorption:
(i) The efforts made towards technology absorption: N.A.
(ii) The benefits derived like product improvement, cost reduction, product development or import substitution: N.A.
(iii) In case of imported technology (imported during the last three years reckoned from the beginning of the financial year): N.A.
(iv) The expenditure incurred on Research and Development: N.A.
C. Foreign Exchange Earnings and Outgo: During the financial year under review, foreign exchange earnings and outgo of the Company was
Nil.
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for assistance and co-operation received from financial institutions, banks,
Central & State Government authorities and all other personnel.
For and on behalf of the Board of Directors

7
Place: Ahmedabad Ashwin Modi
Date: 27.07.2021 Chairman
(DIN: 07605305)
Description of state of companies affair
FINANCIAL PERFORMANCE OF THE COMPANY: During the year under review, your company has recorded Total Revenue of Rs.
21,59,584 as compared to Rs. 71,072,492 for the year ended March 31, 2020. During the year under review, Net Loss stood at Rs.
11,39,18,846 at the year ended of March 31, 2021.
Details regarding energy conservation
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNING AND OUTGO: The information
on the conservation of energy, technology absorption, Foreign Exchange Earnings and Outgo as required under Section 134(3)(m) of the
Companies Act, 2013 read with Rule 8 of The Companies (Accounts) Rules, 2014, as amended from time to time, is as under: A.
Conservation of Energy: (i) The steps taken or impact on conservation of energy: N.A. (ii) The steps taken by the company for utilizing
alternate sources of energy: N.A. (iii) The capital investment on energy conservation equipment’s: N.A.
Details regarding technology absorption
Companies Act, 2013 read with Rule 8 of The Companies (Accounts) Rules, 2014, as amended from time to time, is as under: B.
Technology Absorption: (i) The efforts made towards technology absorption: N.A. (ii) The benefits derived like product improvement,
cost reduction, product development or import substitution: N.A. (iii) In case of imported technology (imported during the last three years
reckoned from the beginning of the financial year): N.A. (iv) The expenditure incurred on Research and Development: N.A.
Details regarding foreign exchange earnings and outgo
Companies Act, 2013 read with Rule 8 of The Companies (Accounts) Rules, 2014, as amended from time to time, is as under: C. Foreign
Exchange Earnings and Outgo: During the financial year under review, foreign exchange earnings and outgo of the Company was Nil.
Disclosures in director’s responsibility statement
DIRECTORS’ RESPONSIBILITY STATEMENT: Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors, to the
best of their knowledge and ability, state the following: a. That in the preparation of the annual financial statements, the applicable
accounting standards have been followed along with proper explanation relating to material departures, if any; b. That such accounting
policies have been selected and applied consistently and judgement and estimates have been made that are reasonable and prudent so as to
give a true and fair view of the state of affairs of the Company as at 31st March, 2021 and of the loss of the Company for the year ended on
that date; c. That proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other
irregularities; d. That the annual financial statements have been prepared on a going concern basis; e. That proper internal financial
controls were in place and that the financial control were adequate and were operating effectively; f. That proper system to ensure
compliance with the provisions of all applicable laws were in place and were adequate and operating effectively.

8
Details of material changes and commitment occurred during period affecting financial position of company
MATERIAL CHANGES AND COMMITMENTS: Except as disclosed elsewhere in this report, no material changes and commitments
which could affect the Company’s financial position have occurred between the end of the financial year of the Company and date of this
report.
Particulars of loans guarantee investment under section 186 [Text Block]
PARTICULARS OF LOANS, GUARANTEE OR INVESTMENT:
The Company has not given any guarantee or made any investment during the year under review. The details of loan given by the Company
during the year under review are disclosed in the financial statements.
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
RELATED PARTY TRANSACTIONS:
Suitable disclosure as required by the Account Standard - 18 has been made in the notes to the Financial Statements.

9
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
ANNEXURE TO DIRECTORS' REPORT
FORM NO. MGT-9
EXTRACT OF ANNUAL RETURN
AS ON THE FINANCIAL YEAR ENDED 31ST MARCH, 2021
[Pursuant to Section 92(3) of the Companies Act, 2013, and Rule 12(1) of the
Companies (Management and Administration) Rules, 2014]
I. Registration and other details:
CIN : U45202GJ2005PTC045974
Registration Date : 3rd May, 2005
Name of the Company : PMC Projects (India) Private Limited
Category / Sub-Category of the Company : Company limited by share
Address of the Registered office and contact details :
AMDC Building, At Shantigram,
Near Vaishnodevi Circle, S.G. Highway,
Ahmedabad-382421, Gujarat
Phone No. +91-79-25556500
Whether listed company : No
Name, Address and Contact details of Registrar and Transfer Agent, if any : N.A.
II. Principal business activities of the Company:
All the business activities contributing 10% or more of the total turnover of the company shall be stated:
Name and description of main Products /Services NIC Code of the Product/ service % to total turnover of the company
Wholesale of metals and metal ores Sub-Class 46620 100%
III. Particulars of Holding, Subsidiary and Associate Companies:
Name and address of the Company CIN/GLN
Holding/ Subsidiary/ Associate % of shares held Applicable Section
PMC Infra Limited, Mauritius Foreign Company Holding Company 100% 2(46)
IV. Share holding pattern (equity share capital breakup as percentage of total equity as on 31st March, 2021)
i) Category-wise shareholding

10
Category of
Shareholders
No of
Shares held
at the
beginning of
the year
No. of
Shares
held at
the end
of the
year
%
Change
during
the
year
Demat Physical
Total
% of
total
Shares
Demat
Physical
Total
% of
total
Shares
A. Promoter
1 Indian
a)
Individuals/
HUF
-- -- -- -- -- -- -- -- --
b) Central Govt. -- -- -- -- -- -- -- -- --
c) State Govt. -- -- -- -- -- -- -- -- --
d) Bodies Corporate -- -- -- -- -- -- -- -- --
e) Banks/FI -- -- -- -- -- -- -- -- --
f) Any Others -- -- -- -- -- -- -- -- --
Sub Total(A)(1) -- -- -- -- -- -- -- -- --
2 Foreign
a) NRIs-Individuals -- -- -- -- -- -- -- -- --
b) Other-Individuals -- -- -- -- -- -- -- -- --
c) Bodies Corporate* -- 2838474 2838474 100% -- 2838474 2838474 100% Nil
d) Banks/FI -- -- -- -- -- -- -- -- --
e) Any Other -- -- -- -- -- -- -- -- --
Sub Total(A)(2) -- 2838474 2838474 100% -- 2838474 2838474 100% Nil
Total
Shareholding of
Promoter and
Promoter Group
(A)=
(A)(1)+(A)(2)
-- 2838474 2838474 100% -- 2838474 2838474 100% Nil
B. Public shareholding
1 Institutions
a) Mutual Funds/ UTI -- -- -- -- -- -- -- -- --
b) Banks/FI -- -- -- -- -- -- -- -- --
c) Central Govt. -- -- -- -- -- -- -- -- --
d) State Govt. -- -- -- -- -- -- -- -- --
e)
Venture Capital
Funds
-- -- -- -- -- -- -- -- --

11
f) Insurance Companies -- -- -- -- -- -- -- -- --
g) FII -- -- -- -- -- -- -- -- --
h)
Foreign Venture
Capital Funds
-- -- -- -- -- -- -- -- --
i) Any Other -- -- -- -- -- -- -- -- --
Sub-Total (B)(1)
2 Non-institutions
a) Bodies Corporate -- -- -- -- -- -- -- -- --
I Indian -- -- -- -- -- -- -- -- --
Ii Overseas -- -- -- -- -- -- -- -- --
b) Individuals -- -- -- -- -- -- -- -- --
I
Individuals
shareholders holding
nominal share capital
up to Rs 1 lakh
-- -- -- -- -- -- -- -- --
ii
Individual
shareholders holding
nominal share
capital in excess of
Rs. 1 lakh.
-- -- -- -- -- -- -- -- --
c) Other (specify) -- -- -- -- -- -- -- -- --
Sub-Total (B)(2) -- -- -- -- -- -- -- --
Total Public
Shareholding
(B)=
(B)(1)+(B)(2)
-- -- -- -- -- -- -- -- --
C.
Shares held by
Custodians for GDRs
& ADRs
-- -- -- -- -- -- -- -- --
GRAND TOTAL
(A)+(B)+(C)
-- 2838474 2838474 100% -- 2838474 2838474 100% Nil
* Shares held by PMC Infra Ltd including one nominee.
ii) Shareholding of Promoter:
Shareholder’s
Name
Shareholding at
the beginning of
the year
Shareholding at
the end of the
year
% Change in
shareholding
during the year
No. of Shares
% of total shares
of the company
% shares pledged/
encumbered to total
shares
No. of
Shares
% of total
shares of the
company
% shares pledged/
encumbered to total
shares
PMC Infra
Limited *
2838474 100% -- 2838474 100% -- Nil
Total 2838474 100% -- 2838474 100% -- Nil

12
iii) Change in Promoters’ Shareholding
Shareholding at the beginning
of the year
Cumulative
Shareholding
during the
year
No. of Shares
% of total shares of the
Company
No. of
Shares
% of total
shares of the
Company
At the beginning of the year 2838474 100 2838474 100
Date wise Increase / Decrease in Promoters Shareholding during
the year specifying the reasons for increase / decrease (e.g.
allotment / transfer / bonus/ sweat equity etc):
During the year no any change
have been occurred in the
promoter’s shareholding.
At the end of the year 2838474 100 2838474 100
iv) Shareholding Pattern of top ten Shareholders
(Other than Directors, Promoters and Holders of GDR and ADRs):
For each of the Top 10
Shareholder
Shareholding at the beginning of the
year
Shareholding at the end of the
year
No. of Shares % of total shares of the Company
No. of
Shares
% of total shares of the
Company
PMC Infra Limited * 2838474 100 2838474 100
(v) Shareholding of Directors and Key Managerial Personnel
For each of the Directors and KMP
Shareholding at
the beginning of
the year
Shareholding
at the end of
the year
No. of Shares
% of total shares
of the Company
No. of
Shares
% of total
shares of the
Company
At the beginning of the year
Nil*
Date wise Increase / Decrease in Promoters Shareholding during the year
specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/
sweat equity etc):
At the end of the year
* Mr. Ashwin Modi, Director holding 1 share as nominee of PMC Infra Ltd
V. Indebtedness of the Company including interest outstanding/accrued but not due for payment (Amt.
In Rs.)
Secured Loans
excluding deposits
Unsecured
Loans
Deposits Total
Indebtedness

13
Indebtedness at the beginning of the financial year
i) Principal Amount - - - -
ii) Interest due but not paid - - - -
iii) Interest accrued but not due - - - -
Total (i+ ii+ iii) - - - -
Change in Indebtedness during the financial year
· Addition - - - -
· Reduction - - - -
Net Change - - - -
Indebtedness at the end of the financial year
i) Principal Amount - - - -
ii) Interest due but not paid - - - -
iii) Interest accrued but not due - - - -
Total (i+ ii+ iii) - - - -
VI. Remuneration of Directors and Key Managerial Personnel:
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
( Amount In Rs.)
Sr No
Particulars of
Remuneration
Ashwin
Modi
(Director)
Total
Amount
1 Gross salary --
a) Salary as per provisions contained in section 17(1) of the
Income-tax Act, 1961
-- --
b) Value of perquisites u/s 17(2) Income-tax Act, 1961 -- --
c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 -- --
2 Stock Option -- --
3 Sweat Equity -- --
4 Commission -- --
- as % of profit -- --
- others, specify -- --
5
Others-contribution towards
PF etc.
-- --
Total --
Ceiling as per the Act --

14
B. Remuneration to other Directors:
Sr No Particulars of Remuneration Director Total Amount
1 Independent Directors - -
a) Fee for attending board committee meetings - -
b) Commission - -
c) Others, please specify - -
Total (1) - -
2 Other Non-Executive Directors - -
a) Fee for attending board committee meetings - -
b) Commission - -
c) Others, please specify - -
Total (2) - -
Total (B)= (1+2) - -
C. Remuneration to key managerial personnel other than MD/Manager/WTD
Sr No
Particulars of
Remuneration
KMP
Total
Amount
1 Gross salary
d) Salary as per provisions contained in section 17(1) of the Income-tax
Act, 1961
-- --
e) Value of perquisites u/s 17(2) Income-tax Act, 1961 -- --
f) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 -- --
2 Stock Option -- --
3 Sweat Equity -- --
4 Commission -- --
- as % of profit -- --
5 Others, please specify -- --
Total -- --
V. Penalties / Punishment/ Compounding of Offences:

15
Type Section of the
Companies Act
Brief
Description
Details of penalty/ punishment/
compounding fees imposed
Authority
[RD / NCLT/
COURT]
Appeal made, if any
(give details)
A. Company
Penalty
None
Punishment
Compounding
B. Directors
Penalty
None
Punishment
Compounding
C. Other
Officers in default
Penalty
None
Punishment
Compounding
****
Disclosure of statement on development and implementation of risk management policy [Text Block]
RISK MANAGEMENT:
Your Company has a formal risk assessment and management system which identifies risk areas, evaluates their consequences, initiates risk
mitigation strategies and implements corrective actions where required.

16
Disclosure of financial summary or highlights [Text Block]
FINANCIAL HIGHLIGHTS:
The financial highlights of your Company for the year ended 31st March, 2021 is depicted below:
(Amount In Rs.)
Particulars 31st March, 2021 31st March, 2020
Revenue from Operations - 64,740,066
Other Income 21,59,584 6,332,426
Total Revenue 21,59,584 71,072,492
Purchases of Traded Goods - 43,160,044
Sub-contracting Expense - -
Employee benefits expenses - 1,562
Finance Cost 11,54,73,960 11,96,16,483
Depreciation and amortization expense 2,75,155 403,688
Other expenses 3,27,930 1,438,284
Total Expenses 11,60,77,045 164,620,061
Profit / (Loss) Before Tax (11,39,17,461) (93,547,569)
Tax Expenses -
Current Tax - -
MAT Credit Entitlement - -
Adjustment for earlier year tax 1385 -
Profit / (Loss) for the year (11,39,18,846) (93,547,569)
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
DIRECTORS & KEY MANAGERIAL PERSONNEL:
There was no change in the composition of Board of Directors and the Key Managerial Personnel during the year under review.

17
Details relating to deposits covered under chapter v of companies act [Text Block]
DEPOSITS:
During the year under review, your Company has not accepted any deposits within the meaning of Section 73 of the Companies Act, 2013
read with rules made thereunder.
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern
status and company’s operations in future [Text Block]
SIGNIFICANT AND MATERIAL ORDERS:
There are no significant and material orders passed by the Regulators or Courts or Tribunals which would impact the going concern status
and the Company’s future operations.
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:
The Company has an internal control system, commensurate with the size, scale and complexity of its operations. The Internal Auditor
monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems,
accounting procedures and policies of the Company.
Statement showing details of employees of company under rule 5(2) and (3) of companies appointment and
remuneration of managerial personnels rules 2014 [Text Block]
PARTICULARS OF EMPLOYEES:
The Company has not employed any individual whose remuneration falls within the purview of the limits prescribed under the provisions of
Section 197 of the Companies Act, 2013, read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014.
A. Personnel who are in receipt of remuneration aggregating not less than Rs. 102 Lakhs per annum and employed throughout the year:
Nil
B. Employed for a part of the financial year and were in receipt of remuneration for any part of the financial year at a rate which in
aggregate was not less than Rs. 8.5 Lakhs per month: Nil

18
[400200] Disclosures - Auditors report
Details regarding auditors [Table] ..(1)
Auditors [Axis] 1
01/04/2020
to
31/03/2021
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Name of audit firm
S H A H
DHANDHARIA &
Co.
Name of auditor signing report
HARSHIL
AMISHKUMAR
SHAH
Firms registration number of audit firm 118707W
Membership number of auditor 181748
Address of auditors
807, Abhijeet I,
Mithakali Six
R o a d s ,
Navrangpura,
Ahmedabad -
380009
Permanent account number of auditor or auditor's firm AAGFM7049H
SRN of form ADT-1 C27179761
Date of signing audit report by auditors 27/07/2021
Date of signing of balance sheet by auditors 27/07/2021
01/04/2020
to
31/03/2021
Disclosure in auditor’s report explanatory [TextBlock]
[See below]
Whether companies auditors report order is applicable on company No
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks
No

19
Disclosure in auditor’s report explanatory [Text Block]
INDEPENDENT AUDITOR’S REPORT
To the Members of PMC PROJECTS (INDIA) PRIVATE LIMITED
Report on the audit of the Standalone Financial Statements
Opinion
We have audited the accompanying Standalone Financial Statements of PMC PROJECTS (INDIA) PRIVATE LIMITED (“the company”),
which comprises the Balance Sheet as at March 31, 2021, the Statement of Profit and Loss, and statement of cash flows for the year then
ended, and notes to the Standalone Financial Statements, including a summary of significant accounting policies and other explanatory
information.
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid Standalone Financial
Statements; read with emphasis of matter paragraph mentioned below; give the information required by the Act in the manner so required
and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company
as at March 31, 2021, and its losses and its cash flows for the year ended on that date.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013.
Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial
Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of
Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the Standalone Financial Statements
under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in
accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion.
Emphasis of Matter
Without qualifying our opinion, we draw attention to Note No. 27 of the Financial Statements wherein the company’s Net Worth has been
eroded on account of losses. However, the accompanying financial statements have been prepared under the going concern assumption
considering the mitigating factors as stated in the above referred note.
Our report is not modified in respect of this matter.
Responsibility of Management for the Standalone Financial Statements
The Company’s Board of Directors is responsible for the matters stated in section 134(5) of the Companies Act, 2013 (“the Act”) with
respect to the preparation of these Standalone Financial Statements that give a true and fair view of the financial position, financial
performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the
applicable accounting Standards specified under section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014, as
amended.
INDEPENDENT AUDITOR’S REPORT (Continue)
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding
of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate
implementation and maintenance of accounting policies; making judgments and estimates that are reasonable and prudent; and design,
implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the preparation and presentation of the financial statement that give a true and fair view
and are free from material misstatement, whether due to fraud or error.
In preparing the Standalone Financial Statements, management is responsible for assessing the Company’s ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management
either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
Those Board of Directors are also responsible for overseeing the company’s financial reporting process.
Auditor’s Responsibility for the Audit of the Standalone Financial Statements
Our objectives are to obtain reasonable assurance about whether the Standalone Financial Statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these Standalone Financial Statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit.
We also: Identify and assess the risks of material misstatement of the Standalone Financial Statements, whether due to fraud or error, design
and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our
opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may
involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal
control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the
Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls
system in place and the operating effectiveness of such controls. Evaluate the appropriateness of accounting policies used and the
reasonableness of accounting estimates and related disclosures made by management.
To the Members of PMC PROJECTS (INDIA) PRIVATE LIMITED Conclude on the appropriateness of management’s use of the going
concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions
that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we
are required to draw attention in our auditor’s report to the related disclosures in the Standalone Financial Statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report.
However, future events or conditions may cause the Company to cease to continue as a going concern. Evaluate the overall presentation,

20
structure and content of the Standalone Financial Statements, including the disclosures, and whether the Standalone Financial Statements
represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and
significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding
independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our
independence, and where applicable, related safeguards.
Report on Other Legal and Regulatory Requirements
1. We have not included the matters specified in paragraph 3 & 4 of Companies (Auditor’s Report) Order, 2016 issued by the Central
Government of India in terms of sub-section (11) of section 143 of the Companies Act, 2013, as the order is not applicable to the Company in
terms of sub-clause (v) of clause 2 of Paragraph 1.
2. As required by Section 143(3) of the Act, we report that:
a) we have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
b) in our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of
those books.
c) the Balance Sheet, the Statement of Profit and Loss, the Cash Flow Statement and the Statement of Changes in Equity dealt with by this
Report are in agreement with the books of account.
d) in our opinion, the aforesaid Financial Statements comply with the Accounting Standards specified under Section 133 of the Act, read
with the Companies (Indian Accounting Standards) Rules, 2015, as amended.
e) on the basis of the written representations received from the directors as on 31st March, 2021 taken on record by the Board of
Directors, none of the directors is disqualified as on 31st March, 2021 from being appointed as a director in terms of Section 164 (2) of the
Act.
f) with respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness
of such controls, refer to our separate Report in “Annexure B”.
g) with respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and
Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:
i. the Company has disclosed the impact of pending litigations on its financial position in its Financial
Statements – Refer Note 26 to the Financial Statements;
ii. the company did not have any long-term contracts including derivative contracts for which there were any
material foreseeable losses;
iii. there were no amounts which were required to be transferred to the Investor Education and Protection Fund
by the company.
3. With respect to the matters to be included in the Auditor’s Report in accordance with the requirements of section 197(16) of the Act, as
amended:
According to the information and explanations given to us and on the basis of our examination of the records of the Company, though
managerial remuneration has been paid/ provided, the Company being a private limited company, provisions of Section 197 read with
Schedule V of the Companies Act, 2013 is not applicable to the Company.
For SHAH DHANDHARIA & CO LLP
Chartered Accountants
Firm’s Registration No. 118707W/ W100724
Harshil Shah
Place : Ahmedabad Partner
Date : 27/07/2021 Membership No.181748
UDIN : 21181748AAAACI4694
Annexure – B to the Independent Auditor’s Report
RE: PMC PROJECTS (INDIA) PRIVATE LIMITED

21
(Referred to in paragraph 2 (f) under ‘Report on Other Legal and Regulatory Requirements’ section of our Report of even date)
Report on the Internal Financial Controls under Clause i of sub-section 3 of section 143 of the Companies Act 2013 (the Act).
Opinion
We have audited the internal financial controls over financial reporting of the Company as of 31st March, 2021 in conjunction with our audit
of the Financial Statements of the company for the year ended on that date. In our opinion, the Company has, in all material respects, an
adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were
operating effectively as at 31st March, 2021, based on the internal control over financial reporting criteria established by the Company
considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial
Reporting issued by the Institute of Chartered Accountants of India.
Management’s Responsibilities for Internal Financial Controls
The Company’s management is responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note
on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India. These
responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for
ensuring the orderly and efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the
prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable
financial information, as required under the Companies Act, 2013.
Auditors’ Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We
conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (the Guidance
Note) and the Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the
extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the
Institute of Chartered Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and
plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was
established and maintained and if such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an
understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and
evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the
auditor’s judgment, including the assessment of the risks of material misstatement of the Financial Statements, whether due to fraud or error.
Annexure – B to the Independent Auditor’s Report (Continue)
RE: PMC PROJECTS (INDIA) PRIVATE LIMITED
(Referred to in paragraph 2 (f) under ‘Report on Other Legal and Regulatory Requirements’ section of our Report of even date)
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s
internal financial controls system over financial reporting.
Meaning of Internal Financial Controls over Financial Reporting
A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability
of financial reporting and the preparation of Financial Statements for external purposes in accordance with generally accepted accounting
principles. A company's internal financial control over financial reporting includes those policies and procedures that:
(1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets
of the company;
(2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of Financial Statements in accordance
with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with
authorizations of management and directors of the company; and
(3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's
assets that could have a material effect on the Financial Statements.
Inherent Limitations of Internal Financial Controls over Financial Reporting
Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any
evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control
over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or
procedures may deteriorate.
For SHAH DHANDHARIA & CO LLP
Chartered Accountants
Firm’s Registration No. 118707W/ W100724

22
Harshil Shah
Place : Ahmedabad Partner
Date : 27/07/2021 Membership No.181748
UDIN : 21181748AAAACI4694
[400500] Disclosures - Secretarial audit report
01/04/2020
to
31/03/2021
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
[100100] Balance sheet
31/03/2021 31/03/2020
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 2,83,84,740 2,83,84,740
Reserves and surplus -91,50,04,851 -80,10,86,004
Total shareholders' funds -88,66,20,111 -77,27,01,264
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 0 0
Other long-term liabilities 0 0
Long-term provisions 0 0
Total non-current liabilities 0 0
Current liabilities [Abstract]
Short-term borrowings (A) 121,65,70,976
0
Trade payables (B) 80,65,458 (C) 66,79,80,417
Other current liabilities 23,17,753 122,15,31,478
Short-term provisions 0 0
Total current liabilities 122,69,54,187 188,95,11,895
Total equity and liabilities 34,03,34,076 111,68,10,631
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 2,21,315 4,96,470
Intangible assets 0 0
Total fixed assets 2,21,315 4,96,470
Non-current investments 0 0
Deferred tax assets (net) (D) 0 (E) 0
Long-term loans and advances 9,82,17,970 10,53,91,713
Total non-current assets 9,84,39,285 10,58,88,183
Current assets [Abstract]
Current investments 2,47,19,028 3,32,93,988
Inventories 0 0
Trade receivables 26,58,578 77,38,24,746
Cash and bank balances (F) 1,17,34,478 (G) 15,51,071
Short-term loans and advances 20,22,90,653 20,22,52,643
Other current assets 4,92,054 0
Total current assets 24,18,94,791 101,09,22,448
Total assets 34,03,34,076 111,68,10,631

23
Footnotes
(A) i) Unsecured borrowing from related party is carrying interest rate of 10.50% p.a. and repayable within period of 1 year.
(B) Total outstanding dues of micro enterprises and small enterprises : 80009 Total outstanding dues of creditors other than micro
and small enterprises (refer note below) : 7985449
(C) Total outstanding dues of micro enterprises and small enterprises : 2495 Total outstanding dues of creditors other than micro and
small enterprises (refer note below) : 667977922
(D) Deferred Tax Liability on account of Depreciation : 2381801 Deferred Tax Assets on Carry Forward Business Loss : -90412815
Deferred Tax Assets on Unabsorbed Depreciation : -1549681 Note: Company has not recognized deferred tax asset as there is no
virtual certainty to realize it against future taxable profit.
(E) Deferred Tax Liability on account of Depreciation : 2601702 Deferred Tax Assets on Carry Forward Business Loss : -119450379
Deferred Tax Assets on Unabsorbed Depreciation : -1258240
(F) Cash and cash equivalents : 1734478 Bank balances other than above : 10000000
(G) Cash and cash equivalents : 1551071 Bank balances other than above : 0
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)
Directors signing financial statements [Axis] 1 2
01/04/2020
to
31/03/2021
01/04/2020
to
31/03/2021
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director ASHWIN AMBAR
Middle name of director KIRTILAL CHANDRANSHUBHAI
Last name of director MODI DAVE
Designation of director Director Director
Director identification number of director 07605305 08007325
Date of signing of financial statements by director 27/07/2021 27/07/2021

24
[100400] Cash flow statement, indirect
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
31/03/2019
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax -11,39,17,461 -9,35,47,569
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs (A) 19,94,99,551 (B) 11,96,16,483
Adjustments for depreciation and amortisation expense 2,75,155 4,03,688
Other adjustments to reconcile profit (loss) (C) -21,59,584 (D) -63,32,426
Total adjustments to profit (loss) 19,76,15,122 11,36,87,745
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in trade receivables 77,11,66,168 15,32,76,655
Adjustments for decrease (increase) in other current assets -38,010 -38,67,571
Adjustments for increase (decrease) in trade payables -66,95,68,290 -4,52,63,318
Total adjustments for working capital 10,15,59,868 10,41,45,766
Total adjustments for reconcile profit (loss) 29,91,74,990 21,78,33,511
Net cash flows from (used in) operations 18,52,57,529 12,42,85,942
Income taxes paid (refund) -71,72,358 -2,32,17,504
Net cash flows from (used in) operating activities before extraordinary
items
19,24,29,887 14,75,03,446
Net cash flows from (used in) operating activities 19,24,29,887 14,75,03,446
Cash flows from used in investing activities [Abstract]
Interest received 10,85,418 27,80,607
Other inflows (outflows) of cash (E) -8,42,928 (F) 3,07,00,000
Net cash flows from (used in) investing activities before extraordinary
items
2,42,490 3,34,80,607
Net cash flows from (used in) investing activities 2,42,490 3,34,80,607
Cash flows from used in financing activities [Abstract]
Proceeds from borrowings (G) 121,65,70,976
(H) 0
Repayments of borrowings (I) 101,80,06,100 (J) 5,75,00,000
Interest paid (K) 39,10,53,846 (L) 12,69,62,339
Other inflows (outflows) of cash 0 1
Net cash flows from (used in) financing activities before extraordinary
items
-19,24,88,970 -18,44,62,338
Net cash flows from (used in) financing activities -19,24,88,970 -18,44,62,338
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
1,83,407 -34,78,285
Net increase (decrease) in cash and cash equivalents 1,83,407 -34,78,285
Cash and cash equivalents cash flow statement at end of period 17,34,478 15,51,071 50,29,356
Footnotes
(A) Finance Cost Paid : 115473960 Interest Expenses : 84025591
(B) Finance Cost Paid : 119616483 Interest Expenses : 0
(C) Interest income : -1577472 Profit on sale of investment : -582112 Provision written back : 0
(D) Interest income : -2780607 Profit on sale of investment : -2149506 Provision written back : -1402313
(E) Redemption/ (Investment) of current investments (net) : 9157072 Withdrawal/(Investments) in short term deposits : -10000000
(F) Redemption/ (Investment) of current investments (net) : 30700000 Withdrawal/(Investments) in short term deposits : 0
(G) Proceeds/ (Repayment) of Short Term Borrowings (Net) : 1216570976
(H) Proceeds/ (Repayment) of Short Term Borrowings (Net) : 0
(I) Repayment of Long Term Deposits : -1018006100
(J) Repayment of Long Term Deposits : -57500000
(K) Finance cost paid : 391053846
(L) Finance cost paid : 126962339

25
[200100] Notes - Share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Classes of share capital [Axis] Equity shares [Member] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 1 [Member]
31/03/2021 31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share Equity Shares Equity Shares
Name of shareholder PMC Infra Limited PMC Infra Limited
Country of incorporation or residence of
shareholder
MAURITIUS MAURITIUS
Number of shares held in company [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Percentage of shareholding in company 100.00% 100.00%

26
Disclosure of classes of share capital [Table] ..(1)
Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 35,00,000 [shares] 35,00,000 [shares] 35,00,000 [shares] 35,00,000
Value of shares authorised 3,50,00,000 3,50,00,000 3,50,00,000 3,50,00,000
Number of shares issued [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Value of shares issued 2,83,84,740 2,83,84,740 2,83,84,740 2,83,84,740
Number of shares subscribed and fully paid [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Value of shares subscribed and fully paid 2,83,84,740 2,83,84,740 2,83,84,740 2,83,84,740
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
Total number of shares subscribed [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Total value of shares subscribed 2,83,84,740 2,83,84,740 2,83,84,740 2,83,84,740
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Value of shares called 2,83,84,740 2,83,84,740 2,83,84,740 2,83,84,740
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and
officers
0 0 0 0
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 2,83,84,740 2,83,84,740 2,83,84,740 2,83,84,740
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
debentures preference shares during
period
[shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
debentures preference shares during
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee
stock option plan
Number of other issue of shares
arising out of conversion of
securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0

27
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 0 0 0 0
Amount of private placement issue
arising out of conversion of debentures
preference shares during period
0 0 0 0
Amount of other private placement issue
during period
0 0 0 0
Amount of preferential allotment issue
arising out of conversion of debentures
preference shares during period
0 0 0 0
Amount of other preferential allotment
issue during period
0 0 0 0
Amount of issue allotted for
contracts without payment
received in cash during period
0 0 0 0
Amount of issue under scheme of
amalgamation during period
0 0 0 0
Amount of other issues during period 0 0 0 0
Amount of employee stock option plan
issued during period
0 0 0 0
Amount of other issue arising out of
conversion of securities during
period
0 0 0 0
Total aggregate amount of increase in
share capital during period
0 0 0 0
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
period
0 0 0 0
Total increase (decrease) in share capital 0 0 0 0
Share capital at end of period 2,83,84,740 2,83,84,740 2,83,84,740 2,83,84,740
Rights preferences and restrictions attaching
to class of share capital
Textual information
(19) [See below]
Textual information
(20) [See below]
Textual information
(21) [See below]
Textual information
(22) [See below]
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Shares in company held by ultimate holding
company
Shares in company held by subsidiaries of its
holding company
Shares in company held by subsidiaries of its
ultimate holding company
Shares in company held by associates of its
holding company
Shares in company held by associates of its
ultimate holding company
Total shares in company held by holding company
or ultimate holding company or by its
subsidiaries or associates
[shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474 [shares] 28,38,474
Shares reserved for issue under options
and contracts or commitments for sale of
shares or disinvestment
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or
disinvestment
0 0 0 0
Aggregate number of fully paid-up shares issued
pursuant to contracts without payment being
received in cash during last five years
Aggregate number of fully paid-up shares
issued by way of bonus shares during last
five years

28
Aggregate number of shares bought back during
last five years
Original paid-up value of forfeited shares 0 0 0 0
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for
refund, principal
0 0 0 0
Application money received for
allotment of securities and due for
refund, interest accrued
0 0 0 0
Total application money received for
allotment of securities and due for refund
and interest accrued thereon
0 0 0 0
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0

29
Disclosure of classes of share capital [Table] ..(2)
Classes of share capital [Axis] Equity shares 1 [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Type of share Equity Equity
Number of shares authorised [shares] 35,00,000 [shares] 35,00,000
Value of shares authorised 3,50,00,000 3,50,00,000
Number of shares issued [shares] 28,38,474 [shares] 28,38,474
Value of shares issued 2,83,84,740 2,83,84,740
Number of shares subscribed and fully paid [shares] 28,38,474 [shares] 28,38,474
Value of shares subscribed and fully paid 2,83,84,740 2,83,84,740
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 28,38,474 [shares] 28,38,474
Total value of shares subscribed 2,83,84,740 2,83,84,740
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 28,38,474 [shares] 28,38,474
Value of shares called 2,83,84,740 2,83,84,740
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and officers 0 0
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 2,83,84,740 2,83,84,740
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0
Number of shares issued in private placement arising out of conversion
of debentures preference shares during period
[shares] 0 [shares] 0
Number of shares issued in other private placement [shares] 0 [shares] 0
Number of shares issued as preferential allotment arising out of
conversion of debentures preference shares during period
Number of shares issued as other preferential allotment [shares] 0 [shares] 0
Number of shares allotted for contracts without payment received in cash [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee stock option plan [shares] 0 [shares] 0
Number of other issue of shares arising out of conversion of securities [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0 [shares] 0
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 28,38,474 [shares] 28,38,474
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0 0
Amount of bonus issue during period 0 0
Amount of rights issue during period 0 0
Amount of private placement issue arising out of conversion of
debentures preference shares during period
0 0
Amount of other private placement issue during period 0 0

30
Amount of preferential allotment issue arising out of conversion of
debentures preference shares during period
0 0
Amount of other preferential allotment issue during period 0 0
Amount of issue allotted for contracts without payment received in cash
during period
0 0
Amount of issue under scheme of amalgamation during period 0 0
Amount of other issues during period 0 0
Amount of employee stock option plan issued during period 0 0
Amount of other issue arising out of conversion of securities during period 0 0
Total aggregate amount of increase in share capital during period 0 0
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
Total decrease in share capital during period 0 0
Total increase (decrease) in share capital 0 0
Share capital at end of period 2,83,84,740 2,83,84,740
Rights preferences and restrictions attaching to class of share capital
Textual information
(23) [See below]
Textual information
(24) [See below]
Shares in company held by holding company or ultimate holding company or by its
subsidiaries or associates [Abstract]
Shares in company held by holding company [shares] 28,38,474 [shares] 28,38,474
Shares in company held by ultimate holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate holding company [shares] 0 [shares] 0
Shares in company held by associates of its holding company [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding company [shares] 0 [shares] 0
Total shares in company held by holding company or ultimate holding company
or by its subsidiaries or associates
[shares] 28,38,474 [shares] 28,38,474
Shares reserved for issue under options and contracts or commitments for sale of
shares or disinvestment
Amount of shares reserved for issue under options and contracts or commitments
for sale of shares or disinvestment
0 0
Aggregate number of fully paid-up shares issued pursuant to contracts
without payment being received in cash during last five years
Aggregate number of fully paid-up shares issued by way of bonus shares during last
five years
Aggregate number of shares bought back during last five years [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0 0
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund,
principal
0 0
Application money received for allotment of securities and due for refund,
interest accrued
0 0
Total application money received for allotment of securities and due for
refund and interest accrued thereon
0 0
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
shares in company
Yes Yes
Whether money raised from public offering during year No No
The Company has only one class of equity shares having par value of 10 per share. Each holder of equity shares is entitled to one vote per
share. The Company declares and pays dividends in Indian rupees. The dividend if proposed by the Board of Directors is subject to the
approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of the Company, the holders of equity shares
will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts.

31
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)
Components of reserves [Axis] Reserves [Member] Surplus [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period -11,39,18,846 -9,35,47,569 -11,39,18,846 -9,35,47,569
Other additions to reserves -1 0 -1 0
Total additions to reserves -11,39,18,847 -9,35,47,569 -11,39,18,847 -9,35,47,569
Total changes in reserves -11,39,18,847 -9,35,47,569 -11,39,18,847 -9,35,47,569
Reserves at end of period -91,50,04,851 -80,10,86,004 -91,50,04,851 -80,10,86,004

32
Statement of changes in reserves [Table] ..(2)
Components of reserves [Axis] Surplus [Member]
31/03/2019
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Reserves at end of period -70,75,38,435
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)
Classification based on time period [Axis] Short-term [Member]
Classification of borrowings [Axis] Borrowings [Member] Intercorporate borrowings [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 121,65,70,976 0 (A) 121,65,70,976 (B) 0
Footnotes
(A) Unsecured borrowing from related party : 1216570976 Unsecured borrowing from related party is carrying interest rate of
10.50% p.a. and repayable within period of 1 year.
(B) Unsecured borrowing from related party : 0

33
[201000] Notes - Tangible assets
Disclosure of tangible assets [Table] ..(1)
Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and
gross carrying amount [Axis]
Carrying amount [Member]
Gross carrying amount
[Member]
Accumulated depreciation and
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible
assets
0 0 0 0
Acquisitions through
business combinations
tangible assets
0 0 0 0
Depreciation tangible assets -2,75,155 -4,03,688 2,75,155 4,03,688
Impairment loss
recognised in profit or
loss tangible assets
0 0 0 0
Reversal of impairment loss
recognised in profit or loss
tangible assets
0 0 0 0
Revaluation increase
(decrease) tangible assets
0 0 0 0
Disposals tangible assets
[Abstract]
through demergers
0 0 0 0 0 0
Disposals tangible assets,
others
0 0 0 0 0 0
Total disposals tangible
assets
0 0 0 0 0 0
Other adjustments tangible
assets [Abstract]
Increase (decrease) through
net exchange differences
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
Total other adjustments
tangible assets
0 0 0 0 0 0
Total changes in tangible
assets
-2,75,155 -4,03,688 0 0 2,75,155 4,03,688
Tangible assets at end of period 2,21,315 4,96,470 5,14,78,373 5,14,78,373 5,12,57,058 5,09,81,903

34
Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-2,75,155 -4,03,688 0 0 2,75,155 4,03,688

35
Classes of tangible assets [Axis] Buildings [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Depreciation tangible assets 0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
0 0 0 0 0 0
Tangible assets at end of period 0 0 13,35,325 13,35,325 13,35,325 13,35,325

36
Classes of tangible assets [Axis] Buildings [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
0 0 0 0 0 0

37
Classes of tangible assets [Axis] Other building [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
0 0 0 0 0 0

38
Classes of tangible assets [Axis] Other building [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
0 0 0 0 0 0

39
Classes of tangible assets [Axis] Furniture and fixtures [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-1,97,845 -2,86,474 0 0 1,97,845 2,86,474

40
Classes of tangible assets [Axis] Furniture and fixtures [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-1,97,845 -2,86,474 0 0 1,97,845 2,86,474

41
Classes of tangible assets [Axis] Office equipment [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Depreciation tangible assets -73,020 -1,12,924 73,020 1,12,924
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-73,020 -1,12,924 0 0 73,020 1,12,924
Tangible assets at end of period 0 73,020 2,02,80,042 2,02,80,042 2,02,80,042 2,02,07,022

42
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Depreciation tangible assets -73,020 -1,12,924 73,020 1,12,924
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-73,020 -1,12,924 0 0 73,020 1,12,924
Tangible assets at end of period 0 73,020 2,02,80,042 2,02,80,042 2,02,80,042 2,02,07,022

43
Classes of tangible assets [Axis] Other tangible assets [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Depreciation tangible assets -4,290 -4,290 4,290 4,290
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-4,290 -4,290 0 0 4,290 4,290
Tangible assets at end of period 916 5,206 17,03,031 17,03,031 17,02,115 16,97,825

44
Classes of tangible assets [Axis] Other tangible assets [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-4,290 -4,290 0 0 4,290 4,290

45
Classes of tangible assets [Axis] Other tangible assets, others [Member]
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
Nature of other tangible assets 0.00 0 0.00 0 0.00 0
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-4,290 -4,290 0 0 4,290 4,290

46
[Member]
impairment [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
[LineItems]
Nature of other tangible assets 0.00 0 0.00 0 0.00 0
[Abstract]
assets
0 0 0 0
tangible assets
0 0 0 0
Impairment loss
0 0 0 0
tangible assets
0 0 0 0
0 0 0 0
[Abstract]
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
-4,290 -4,290 0 0 4,290 4,290
Disclosure of additional information tangible assets [Table] ..(1)
Classes of tangible assets [Axis]
Company total tangible assets
[Member]
Buildings [Member] Other building [Member]
Sub classes of tangible assets [Axis]
Owned and leased assets
[Member]
[Member]
[Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of additional information
tangible assets [LineItems]
Depreciation method tangible assets - - - - - -
Useful lives or depreciation rates
tangible assets
NA NA NA NA NA NA

47
Classes of tangible assets [Axis] Other building [Member] Furniture and fixtures [Member]
[Member]
Owned assets [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Depreciation method tangible assets SLM SLM - - SLM SLM
tangible assets
As per Schedule
II
As per Schedule
II
NA NA
As per Schedule
II
A s p e r
Schedule II
Other tangible assets
[Member]
Sub classes of tangible assets [Axis]
[Member]
Owned assets [Member]
[Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Depreciation method tangible assets - - SLM SLM - -
tangible assets
NA NA
As per Schedule
II
As per Schedule
II
NA NA
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of additional information tangible assets
[Abstract]
Disclosure of additional information tangible assets
[LineItems]
Depreciation method tangible assets - - SLM SLM
Useful lives or depreciation rates tangible assets NA NA As per Schedule II As per Schedule II
[201100] Notes - Intangible assets
Disclosure of intangible assets [Table] ..(1)
Classes of intangible assets [Axis]
Company total intangible assets
[Member]
Sub classes of intangible assets [Axis]
Internally generated and other than
internally generated intangible assets
[Member]
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] Carrying amount [Member]
31/03/2021 31/03/2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [LineItems]
Reconciliation of changes in intangible assets [Abstract]
Intangible assets at end of period 0 0

48
[200500] Notes - Current investments
Details of current investments [Table] ..(1)
Classification of current investments [Axis] 1 2
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
Current investments [Abstract]
Disclosure of details of current investments [Abstract]
Details of current investments [LineItems]
Type of current investments
Investments in
mutual funds
Investments in mutual
funds
Investments in
mutual funds
Class of current investments Current investments Current investments Current investments
Current investments 1,25,68,789 3,32,93,988 1,21,50,239
Basis of valuation of current investments
lower of cost or fair
value
value
value
Name of body corporate in whom investment has been made
SBI Overnight Fund
Direct Growth
SBI Overnight Fund
Direct Growth
SBI Liquid Fund
Direct Grouwth
31/03/2021 31/03/2020
Disclosure of notes on current investments explanatory [TextBlock]
Aggregate amount of quoted current investments 0 0
Market value of quoted current investments 0 0
Aggregate amount of unquoted current investments 2,47,19,028 3,32,93,988
Aggregate provision for diminution in value of current investments 0 0
Share current investments joint ventures 0 0
[200600] Notes - Subclassification and notes on liabilities and assets
Loans and advances [Table] ..(1)
Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Loans and advances [Member]
Loans advances value be received
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 9,82,17,970 10,53,91,713 (A) 39,55,165 (B) 39,55,165
Allowance for bad and doubtful loans and
advances
0 0 0 0
Loans and advances 9,82,17,970 10,53,91,713 39,55,165 39,55,165
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Details of loans and advances due by firms
or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in
which any director is partner
0 0 0 0
Total loans and advances due
by firms or companies in which
any director is partner or
director
0 0 0 0
Footnotes
(A) Advances recoverable in cash or kind : 3955165
(B) Advances recoverable in cash or kind : 3955165

49
Classification of loans and advances [Axis] Other loans and advances [Member] Advance tax [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
Loans and advances, gross 9,42,62,805 10,14,36,548 1,85,68,655 2,57,41,013
advances
0 0 0 0
Loans and advances 9,42,62,805 10,14,36,548 1,85,68,655 2,57,41,013
[Abstract]
0 0 0 0
director
0 0 0 0
Classification of loans and advances [Axis] Advance income tax paid [Member] MAT credit entitlement [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
advances
0 0 0 0
[Abstract]
0 0 0 0
director
0 0 0 0

50
Classification of loans and advances [Axis] Loans and advances [Member] Other loans and advances [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
advances
0 0 0 0
[Abstract]
0 0 0 0
director
0 0 0 0
Classification of loans and advances [Axis]
Deposits with statutory authorities
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
31/03/2021 31/03/2020
Subclassification and notes on liabilities and assets [Abstract]
Loans and advances, gross (A) 20,22,90,653 (B) 20,22,52,643
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 20,22,90,653 20,22,52,643
Details of loans and advances due by directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Details of loans and advances due by firms or companies in which any
director is partner or director [Abstract]
Loans and advances due by firms in which any director is partner 0 0
Total loans and advances due by firms or companies in which any director
is partner or director
0 0
Footnotes
(A) Balance with Govt. authorities : 202290653
(B) Balance with Govt. authorities : 202252643

51
Subclassification of trade receivables [Table] ..(1)
Classification of assets based on security [Axis]
Classification of assets based on security
[Member]
Unsecured considered good [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 26,58,578 77,38,24,746 26,58,578 77,38,24,746
Allowance for bad and doubtful debts 0 0
Total trade receivables 26,58,578 77,38,24,746 26,58,578 77,38,24,746
Details of trade receivables due by
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Trade receivables due by others 26,58,578 77,38,24,746
Total trade receivables due by
directors, other officers or
others
26,58,578 77,38,24,746
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Total trade receivables due by firms
partner or director
0 0
Classification of inventories [Table] ..(1)
Classification of inventories [Axis] Company total inventories [Member]
31/03/2021 31/03/2020
Subclassification and notes on liabilities and assets [Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 0 0

52
31/03/2021 31/03/2020
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Total other long-term liabilities 0 0
Interest accrued but not due on borrowings 0 19,15,54,295
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and
due for refund, principal
0 0
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Withholding taxes payable 23,17,753 1,19,71,083
Public deposit payable, current 0 0
Total other payables, current 23,17,753 1,19,71,083
Current liabilities portion of share application money pending
allotment
0 0
Other current liabilities, others (A) 0
(B) 101,80,06,100
Total other current liabilities 23,17,753 122,15,31,478
Aggregate amount of trade receivables outstanding for period
exceeding six months
26,58,578 76,47,92,910
Fixed deposits with banks 0 0
Other balances with banks (C) 17,34,478 (D) 15,51,071
Total balance with banks 17,34,478 15,51,071
Cash on hand 0 0
Total cash and cash equivalents 17,34,478 15,51,071
Other bank balances (E) 1,00,00,000
(F) 0
Total cash and bank balances (G) 1,17,34,478 (H) 15,51,071
Total balances held with banks to extent held as
margin money or security against borrowings,
guarantees or other commitments
0 0
Bank deposits with more than twelve months maturity 0 0
Interest receivable (I) 4,92,054
(J) 0
Total other current assets 4,92,054 0
Footnotes
(A) Deposit from Customers : 0
(B) Deposit from Customers : 1018006100
(C) In Current accounts : 1734478
(D) In Current accounts : 1551071
(E) Fixed Deposits (with original maturity for Twelve months or less) : 10000000
(F) Fixed Deposits (with original maturity for Twelve months or less) : 0
(G) Cash and cash equivalents : 1734478 Bank balances other than above : 10000000
(H) Cash and cash equivalents : 1551071 Bank balances other than above : 0
(I) Interest accrued but not due : 492054
(J) Interest accrued but not due : 0

53
[200700] Notes - Additional disclosures on balance sheet
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of additional balance sheet notes explanatory [TextBlock]
[See below]
Total contingent liabilities and commitments 0 0
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
shareholders
[INR/shares] 0 [INR/shares] 0
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules,
2014
No No
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0

54
Disclosure of additional balance sheet notes explanatory [Text Block]
There has been accumulated losses at the end of the year. The company will be
able to recover the loss from the revenue in near future and the promoters have
gauranteed to aid financial support as and when required hence the accounts for
the company are being prepared on going concern basis.
Other Disclosers
In the opinion of the management and to best of their knowledge and belief the
value under the head of Current and Non-current Assets (Other than Properties,
Plants and Equipments and non-current investments) are approximately of the
values stated, if realized in ordinary course of business, except unless stated
otherwise. The provision for all known current liabilities is adequate and not in
excess of amount considered reasonably necessary.
Additional Information pursuant to the provisions of Revised Schedule III to the
Companies Act, 2013 to the extent applicable:
Particulars
For the year
ended on 31st
March 2021
For the year
ended on 31st
March 2020
Amt. in Rs. Amt. in Rs.
CIF value of imports
- -
Expenditure in Foreign Currency (accrual basis)
- -
Earnings in Foreign Currency
- -
Events occurring after the Balance sheet Date
The Company evaluates events and transactions that occur subsequent to the
balance sheet date but prior to approval of the financial statements to determine
the necessity for recognition and/or reporting of any of these events and
transactions in the financial statements. There are no subsequent events to be
recognized or reported that are not already disclosed.
Due to outbreak of COVID 19 globally and in India, the Company's management
has done the preliminary assessment of likely adverse impact on business and
financial risks on account of COVID 19, and believes that the impact is likely to
be short term in nature. The management does not see any medium to long term
risks in the Company's ability to continue as a going concern and meeting its
liabilities as and when they fall due, and compliance with the debt covenants, as
applicable. As the outbreak continues to evolve, the company will continue to
closely monitor any material changes to future economic conditions
Recent Accounting Developments
Ministry of Corporate Affairs (“MCA”) notifies new standard or amendments to
the existing standards. There is no such notification which would have been
applicable from 1st April, 2021. MCA issued notifications dated 24th March, 2021
to amend Schedule III to the Companies Act, 2013 to enhance the disclosures
required to be made by the Company in its financial statements. These
amendments are applicable to the Company for the financial year starting 1st
April, 2021.
Previous Year Comparatives
Previous year's figure have been recast, regrouped and rearranged, wherever
necessary to confirm to this year's classification.

55
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2020
to
31/03/2021
Disclosure of accounting policies, change in accounting policies and
changes in estimates explanatory [TextBlock]
[See below]

56
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
Corporate
information
The Company was incorporated on 3rd May, 2005 vide Company Registration No.
U45202GJ2005PTC045974 and is mainly engaged in Erection, Commissioning for Transmission business
and Trading business.
Summary of Significant Accounting Policies
A) Basis of Preparation of Financial Statement
i)
The financial statements of the Company have been prepared in accordance with the Generally Accepted
Accounting Principles in India (Indian GAAP) to comply with the Accounting Standards notified under
section 133 of the Companies Act, 2013, read together with paragraph 7 of the Companies (Accounts)
Rules 2014.
The financial statements have been prepared on accrual basis under the historical cost convention and on
going concern basis. The accounting policies adopted in the preparation of the financial statements are
consistent with those followed in the previous year.
The financial statements are prepared in Indian Rupees rounded off to nearest rupees.
ii) Use of Estimates
The preparation of the financial statements in conformity with Indian GAAP requires the management to
make judgement, estimates and assumptions that affect the reported amounts of assets and liabilities and
disclosures of contingent liabilities on the date of the financial statements and reported amounts of
revenues and expenses for the year. Although these estimates are based on Managements best
knowledge of current events and actions, uncertainty about these assumptions and estimates could result
in the outcomes different from the estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Any revision to accounting
estimates is recognized prospectively in the current and future periods.
iii) Current & Non Current classification
All assets and liabilities are presented as Current or Non-current as per the Companys normal operating
cycle and other criteria set out in Schedule III of the Companies Act, 2013. Based on the nature of
products and the time between the acquisition of assets for processing and their realisation, the Company
has ascertained its operating cycle as 12 months for the purpose of Current / Non current classification of
assets and liabilities.
B) Inventories
Inventories are valued at lower of cost or Net Realisable Value.
Cost of inventories have been computed to include all costs of purchases, cost of conversion and other
costs incurred in bringing the inventories to their present location and condition.
Inventories (not for sale) are valued at cost, computed on moving weighted average method. The stores
and spares required for replacement are charged to revenue as and when they are purchased.
C) Cash Flow Statement
i) Cash and Cash Equivalents (For Purposes of Cash Flow Statement)
Cash comprises cash on hand and demand deposits with banks. Cash equivalents are short-term
balances (with an original maturity of three months or less from the date of acquisition), highly liquid
investments that are readily convertible into known amounts of cash and which are subject to insignificant
risk of changes in value.

57
ii) Cash Flow Statements
Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and
tax is adjusted for the effects of transactions of non-cash nature and any deferrals or accruals of past or
future cash receipts or payments. The cash flows from operating, investing and financing activities of the
Company are segregated based on the available information.
D) Prior Period items
All identifiable items of Income and Expenditure pertaining to prior period are accounted through "Prior
Period Items"
Exceptional items are generally non-recurring items of income and expense within profit or loss from
ordinary activities, which are of such size, nature or incidence that their disclosure is relevant to explain
the performance of the Company for the year.
E) Revenue Recognition
i)
Revenue is recognised when consideration can be reasonably measured and there exists reasonable
certainty of its recovery.
ii)
Sales of goods are recognised when the significant risk and rewards of ownership of the goods have been
passed to the customer and same is stated net of taxes and returns.
iii)
Interest income is recognised on time proportion basis taking into account the amount outstanding and the
rate applicable.
iv)
Income from mutual funds is recognised when the Company's right to receive payment is established.
Profit/ Loss on sale of investments are recognised on the contract date.
F) Property, plants & Equipments
1. Tangible Property, plants & Equipments
i)
Property, plants & Equipments are stated at cost of acquisition or construction. They are stated at
historical cost less accumulated depreciation and impairment losses, if any. Cost comprises the purchase
price, import duty and other non-refundable taxes or levies and any directly attributable cost of bringing
the asset to its working condition for its intended use. Borrowing cost relating to acquisition / construction
of Property, plants & Equipments which take substantial period of time to get ready for its intended use
are also included to the extent they relate to the period till such assets are ready to be put to use.
ii)
Expenditure on account of modification/alteration in plant and machinery, which increases the future
benefit from the existing asset beyond its previous assessed standard of performance, is capitalized.
iii)
Any capital expenditure in respect of assets, the ownership of which would not vest with the Company, is
charged off to revenue in the year of incurrence.
iv)
Tangible assets not ready for the intended use on the date of Balance sheet are disclosed as "Capital
work-in-progress".
v)
Depreciation of Property, plants & Equipments is provided on Straight Line Method at rates and in the
manner specified in Schedule II of the Companies Act 2013.
vi)
Depreciation on asset acquired / disposed off during the year is provided on pro-rata basis with reference
to the date of addition/disposal.
2. Intangible assets
i) Intangible assets are stated at cost of acquisition/ cost incurred less accumulated depreciation.
ii)
Intangible Assets in the form of Software which are an integral part of Computer Systems are amortised at
the same rate as that of Computer Systems.
G) Investments
Investments that are readily realizable and intended to be held for not more than a year are classified as

58
i) current investments. All other investments are classified as long term investments.
ii)
Long term investments are carried at cost. However, provision for diminution in value is made to
recognize a decline other than temporary in the value of investments.
iii) Current investments are carried at the lower of cost and quoted/fair value, computed category wise.
H) Employees Retirement Benefits
Employee benefits includes gratuity, compensated absences and contribution to provident fund,
employees' state insurance, superannuation fund.
i) Short Term Employee Benefits
Employee benefits payable wholly within twelve months of rendering the service are classified as short
term employees benefits and are recognised in the period in which the employee renders the related
service.
Post Retirement Benefits
ii) Defined Benefit Plan
The employees' gratuity scheme is a defined benefit scheme. The present value of the obligation under
such defined benefit plan is determined at each Balance Sheet date based on actuarial valuations, carried
out by an independent actuary, using the Projected Unit Credit method. The liability for gratuity is funded
annually to a gratuity fund maintained with the Life Insurance Corporation of India ('LIC'). Actuarial gains
and losses are recognised in the Statement of Profit and Loss.
iii) Defined Contribution Plans
Company's contribution to Provident Fund, Superannuation Fund, Employees' State Insurance Fund are
determined under the relevant schemes and/or statute, charged to Statement of Profit & Loss when
incurred. There are no other obligations other than the contribution payable to the respective funds.
iv) Long-term Employee Benefits
Long term employee benefits comprise of compensated absences. These are measured based on an
actuarial valuation carried out by an independent actuary at each Balance Sheet date. Actuarial gains and
losses are recognised in the statement of Profit and Loss.
v) Termination benefits, if any, are recognised as an expense as and when incurred.
vi)
For the purpose of presentation of Defined benefit plans and other long term benefits, the allocation
between short term and long term provisions has been made as determined by an actuary.
I) Borrowing Costs
Borrowing costs include exchange differences arising from foreign currency borrowings to the extent they
are regarded as an adjustment to the interest cost. Borrowing costs that are attributable to the acquisition
or construction of qualifying assets are capitalized as part of the cost of such assets. A qualifying asset is
one that necessarily takes substantial period of time to get ready for intended use. All other borrowing
costs are charged to Statement of Profit and Loss.
J) Segment Reporting Policies
In accordance with the Accounting Standard 17 - "Segment Reporting" as prescribed under Companies
(Accounting Standards) Rules, 2006 (as amended), the Company is engaged in Construction and
consulting Engineering, Procurement and sales of Equipments and material for large infrastructure
projects and related services in a single business segment based on the nature of the products. the risks
and returns, the organisation structure and the internal financial reporting system. Accordingly the figures
appearing in these financial statements relates to the company's single business segment
K) Related Party Transactions
Disclosure of transactions with Related Parties, as required by Accounting Standard 18 "Related Party

59
Disclosures" has been set out in a separate note. Related parties as defined under clause 3 of the
Accounting Standard 18 have been identified on the basis of representations made by key managerial
personnel and information available with the Company.
L) Leases
The Company's significant leasing arrangements are in respect of operating leases for premises
(residential, office, store etc.). The leasing arrangements which are not cancellable range between 11
months and five years generally, and are usually renewable by mutual consent on agreed terms. The
aggregate lease rentals payable are charged as rent including lease rentals.
M) Earnings per share
The Company reports basic and diluted earnings per share (EPS) in accordance with Accounting
Standard - 20 issued under The Companies (Accounting Standards) Rules, 2006 (as amended). The
Basic EPS has been computed by dividing the income available to equity shareholders by the weighted
average number of equity shares outstanding during the accounting year.
N) Accounting for Taxation
Tax expenses comprises of current tax and deferred tax.
i) Current Tax
Provision for current tax is recognised based on the estimated tax liability computed after taking credit for
allowances and exemptions in accordance with the Income Tax Act, 1961.
ii) MAT Credit
Minimum Alternate Tax (MAT) paid in accordance with the tax laws, whcih gives future economic benefit
in form of adjustment to future income tax liability, is considered as an assest if there is convencing
evidiance that the compnay will pay normal Income Tax. Accordingly MAT is recognised as an assets in
the balance sheet when it is probable that future economic benefit associated with it will flow to the
compnay.
iii) Deferred Taxation
Deferred income taxes reflects the impact of current year timing differences between taxable income and
accounting income for the year and reversal of timing differences of earlier years. Deferred tax is
measured based on the tax rates and tax laws enacted or substantively enacted at the balance sheet
date. Deferred tax assets and deferred tax liabilities are offset, if a legally enforceable right exists to set off
current tax against current tax liabilities and the deferred tax assets and deferred tax liabilities relate to the
taxes on income levied by same governing taxation laws. Deferred tax assets are recognized only to the
extent that there is reasonable certainty that sufficient future taxable income will be available against
which such deferred tax assets can be realised. In situations, where the Company has unabsorbed
depreciation or carry forward tax losses, all deferred tax assets are recognized only if there is virtual
certainty supported by convincing evidence that they can be realised against future taxable profits. At
each balance sheet date the Company reassesses unrecognized deferred tax assets. It recognizes
unrecognized deferred tax assets to the extent that it has become reasonably certain or virtual certain, as
the case may be that sufficient future taxable income will be available against which such deferred tax
assets can be realised. The carrying amount of deferred tax assets are reviewed at each balance sheet
date. The Company writes-down the carrying amount of a deferred tax asset to the extent that it is no
longer reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will
be available against which deferred tax asset can be realised.
O) Impairment of Properties, Plants and Equipments
The carrying amount of assets, other than inventories, is reviewed at each balance sheet date to
determine whether there is any indication of impairment. If any such indication exists, the assets
recoverable amount is estimated.
The impairment loss is recognised whenever the carrying amount of an asset or its cash generation unit
exceeds its recoverable amount. The recoverable amount is the greater of the assets net selling price and
value in the uses which is determined based on the estimated future cash flow discounted to their present
values. All impairment losses are recognised in the Statement of Profit and Loss.
An impairment loss is reversed if there has been a change in the estimates used to determine the
recoverable amount and is recognised in the Statement of Profit and Loss.

60
P) Provisions, Contingent Liabilities and Contingent Assets :
i)
Provision are recognised for when the company has at present, legal or contractual obligation as a result
of past events, only if it is probable that an outflow of resources embodying economic outgo or loss will be
required and if the amount involved can be measured reliably.
ii)
Contingent liabilities being a possible obligation as a result of past events, the existence of which will be
confirmed only by the occurrence or non occurrence of one or more future events not wholly in control of
the company are not recognised in the accounts. The nature of such liabilities and an estimate of its
financial effect are disclosed in notes to the Financial Statements.
iii) Contingent assets are neither recognised nor disclosed in the financial statements.
Q) Expenditure
Expenditures are accounted net of taxes recoverable, wherever applicable.
R) Doubtful Debts/Advances
Provision is made in the accounts for Debts/Advances which in the opinion of the management are
considered doubtful of recovery.
S)
Though other Accounting Standards also apply to the company by virtue of the Companies (Accounting
Standard) Rules, 2006, no disclosure for the same is being made as the company has not done any
transaction to which the said Accounting Standard apply.
[201700] Notes - Government grants
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
[201200] Notes - Employee benefits
01/04/2020
to
31/03/2021
Disclosure of employee benefits explanatory [TextBlock] As provided

61
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)
Categories of related parties [Axis] 1 2
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party
HOWE ENGINEERING
PROJECTS (INDIA)
PRIVATE LIMITED
HOWE ENGINEERING
PROJECTS (INDIA)
PRIVATE LIMITED
ASHWIN
KIRTILAL MODI
A S H W I N
KIRTILAL MODI
Country of incorporation or residence of related
party
INDIA INDIA INDIA INDIA
Permanent account number of related party AIGPM7138P AIGPM7138P
CIN of related party U74140GJ2013PTC086504 U74140GJ2013PTC086504
Description of nature of related party relationship
Fellow Subsidiary
company
Fellow Subsidiary
company
Key Management
Personnel
Key Management
Personnel
Description of nature of transactions with related
party
Sales of Goods Sales of Goods Remuneration Remuneration
Related party transactions [Abstract]
Revenue from sale of goods related party
transactions
0 6,47,40,066
Interest paid during year related party
transactions
3,14,28,082
Transfers under finance agreements related
party transactions [Abstract]
Transfers of loan under finance
agreements from enterprise related
party transactions
118,75,00,000
Transaction relating to key management personnel
[Abstract]
Remuneration for key managerial personnel 0 0
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions 121,65,70,976
Amounts receivable related party transactions 0 0
Amount written off during period in respect
of debts due from related parties
0 0 0 0
Amount written back during period in respect
of debts due to related parties
0 0 0 0
Disclosure of relationship and transactions between related parties [Table] ..(2)
Categories of related parties [Axis] 3
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of relationship and transactions between related parties [Abstract]
Disclosure of relationship and transactions between related parties [LineItems]
Name of related party PMC Infra Ltd PMC Infra Ltd
Country of incorporation or residence of related party MAURITIUS MAURITIUS
Description of nature of related party relationship Holding company Holding company
Description of nature of transactions with related party Not applicable Not applicable
Related party transactions [Abstract]
Purchases of goods related party transactions 0 0
Amount written off during period in respect of debts due from related parties 0 0
Amount written back during period in respect of debts due to related parties 0 0

62
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of notes on related party explanatory [TextBlock]
[See below]
Whether there are any related party transactions during year Yes Yes
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 2(87)(ii) Section 2(87)(ii)

63
Disclosure of notes on related party explanatory [Text Block]
Related Party Disclosures
The Management has identified the following entities and individuals as related
parties of the Company for the year ended 31st March, 2021 for the purposes of
reporting as per AS 18 – Related Party Transactions, which are as under:
Holding Company
PMC Infra Limited
Fellow Subsidiary Company
Howe Engineering Projects (India) Private Limited
Key Management Personnel
Mr. Ashwin Modi
Mr. Ambar Dave
Aggregate of transactions for the year ended with these parties are as given below
Particulars
For the year
ended on 31st
March 2021
For the year
ended on 31st
March 2020
Howe Engineering Projects (India) Private Limited
Loan Received
118,75,00,000 -
Interest Expense
314,28,082 -
Sale of Goods
- 647,40,066
Closing balances with related parties
Particulars
For the year
ended on 31st
March 2021
For the year
ended on 31st
March 2020
Loan Taken - Howe Engineering Projects (India) Private Limited
121,65,70,976 -

64
[201400] Notes - Leases
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of leases explanatory [TextBlock]
Whether any operating lease has been converted to financial lease or
vice-versa
No No
[300300] Notes - Earnings per share
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Disclosure of earnings per share explanatory [TextBlock]
Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 28,38,474 [shares] 28,38,474
Adjustments of numerator to calculate basic earnings per share [Abstract]
Numerator to calculate basic earnings per share -11,39,18,846 -9,35,47,569
Profit (loss) for period -11,39,18,846 -9,35,47,569
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period -11,39,18,846 -9,35,47,569
[202800] Notes - Subsidiary information
01/04/2020
to
31/03/2021
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence
operations
No
Whether company has subsidiary companies liquidated or sold during year No
[201900] Notes - Income taxes
01/04/2020
to
31/03/2021
Disclosure of notes on income taxes explanatory [TextBlock]
[See below]

65
Disclosure of notes on income taxes explanatory [Text Block]
Deferred tax Liability
Deferred Tax Liability on account of Depreciation 23,81,801 26,01,702
Total 23,81,801 26,01,702
Deferred Tax Assets on account of
(i) Bonus - -
(ii) Carry Forward Business Loss (9,04,12,815) (11,94,50,379)
(iii) Unabsorbed Depreciation (15,49,681) (12,58,240)
Total (9,19,62,496) (12,07,08,618)
Net Deferred Tax (Assets) / Liability (8,95,80,695) (11,81,06,917)
Deferred Tax (Asset) / Liability Provided during the year - -
Note: Company has not recognized deferred tax asset as there is no virtual certainty to realize it against future taxable profit.
[202400] Notes - Investments in associates
01/04/2020
to
31/03/2021
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No
[202500] Notes - Financial reporting of interests in joint ventures
01/04/2020
to
31/03/2021
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No

66
[202100] Notes - Other provisions, contingent liabilities and contingent assets
01/04/2020
to
31/03/2021
Disclosure of notes on other provisions, contingent liabilities and
contingent assets explanatory [TextBlock]
[See below]
Disclosure of notes on other provisions, contingent liabilities and contingent assets explanatory [Text Block]
Contingent Liabilities and capital commitments
Contingent Liabilities not provided for
Particulars
For the
year ended
on 31st
March 2021
For the
year ended
on 31st
March 2020
In respect of : Custom Duty
1337,30,420 1337,30,420
In respect of : Mining Matter
Company has received an order from Additional Director (Appeal and flying Squad) for mining
of Black Trap in Kutch. Company has preferred an appeal to Commissioner Mines and
Mineral, Udhyog Bhavan, Gandhinagar against the said order.
116,64,000 116,64,000
Note : Company has placed certain claims against one of its customers, pursuant to
cancellation of contracts. Company is pursuing the same with the customer and is hopeful that
the same will get settled in due course. The same will be accounted as and when the final
settlement is reached.
Capital & other commitments - NIL

67
[202700] Notes - Cash flow statements
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
31/03/2019
Disclosure of cash flow statement explanatory [TextBlock]
N o t e -
Proceeds/ Repayment from
long term deposit is shown
under Financing
activities as it is
interest bearing
d e p o s i t .
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 17,34,478 15,51,071 50,29,356
Total cash and cash equivalents 17,34,478 15,51,071
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities -71,72,358 -2,32,17,504
Total income taxes paid (refund) -71,72,358 -2,32,17,504

68
[100200] Statement of profit and loss
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 0 6,47,40,066
Revenue from sale of services 0 0
Total revenue from operations other than finance company 0 6,47,40,066
Total revenue from operations 0 6,47,40,066
Other income 21,59,584 63,32,426
Total revenue 21,59,584 7,10,72,492
Expenses [Abstract]
Cost of materials consumed 0 0
Purchases of stock-in-trade (A) 0
(B) 4,31,60,044
Changes in inventories of finished goods, work-in-progress and
stock-in-trade
0 0
Employee benefit expense 0 1,562
Finance costs 11,54,73,960 11,96,16,483
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 2,75,155 4,03,688
Total depreciation, depletion and amortisation expense 2,75,155 4,03,688
CSR expenditure 0 0
Other expenses 3,27,930 14,38,284
Total expenses 11,60,77,045 16,46,20,061
Total profit before prior period items, exceptional items, extraordinary
items and tax
-11,39,17,461 -9,35,47,569
Total profit before extraordinary items and tax -11,39,17,461 -9,35,47,569
Total profit before tax -11,39,17,461 -9,35,47,569
Tax expense [Abstract]
Current tax 1,385 0
Total tax expense 1,385 0
Total profit (loss) for period from continuing operations -11,39,18,846 -9,35,47,569
Total profit (loss) for period before minority interest -11,39,18,846 -9,35,47,569
Total profit (loss) for period -11,39,18,846 -9,35,47,569
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] -40.13 [INR/shares] -32.96
Diluted earnings per equity share [INR/shares] -40.13 [INR/shares] -32.96
Basic earning per equity share before extraordinary items [INR/shares] -40.13 [INR/shares] -32.96
Diluted earnings per equity share before extraordinary items [INR/shares] -40.13 [INR/shares] -32.96
Nominal value of per equity share [INR/shares] 10 [INR/shares] 10
Footnotes
(A) Purchases of Traded Goods (Including incidental expenses) : 0
(B) Purchases of Traded Goods (Including incidental expenses) : 43160044

69
[300500] Notes - Subclassification and notes on income and expenses
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross 0 6,47,40,066
Total revenue from sale of products 0 6,47,40,066
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Total revenue from sale of services 0 0
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments 11,06,152 9,162
Total interest income on current investments 11,06,152 9,162
Total interest income 11,06,152 9,162
Dividend income [Abstract]
Dividend income current investments [Abstract]
Dividend income current mutual funds 5,82,112 21,49,506
Total dividend income current investments 5,82,112 21,49,506
Total dividend income 5,82,112 21,49,506
Other non-operating income [Abstract]
Interest on income tax refund 4,71,320 27,71,445
Excess provisions written back 0 14,02,313
Total other non-operating income 4,71,320 41,73,758
Total other income 21,59,584 63,32,426
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Interest expense long-term loans [Abstract]
Interest expense long-term loans, others 3,14,28,082 0
Total interest expense long-term loans 3,14,28,082 0
Interest expense deposits 8,40,25,591 11,96,15,716
Total interest expense 11,54,53,673 11,96,15,716
Other borrowing costs (A) 20,287 (B) 767
Total finance costs 11,54,73,960 11,96,16,483
Employee benefit expense [Abstract]
Salaries and wages 0 0
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 0 1,562
Total contribution to provident and other funds 0 1,562
Total employee benefit expense 0 1,562
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 0 0
Rent 0 0
Repairs to building 0 0
Repairs to machinery 0 0
Insurance 0 0
Rates and taxes excluding taxes on income [Abstract]
Other cess taxes 0 29,612
Total rates and taxes excluding taxes on income 0 29,612
Travelling conveyance 0 15,813
Legal professional charges 2,88,714 10,29,092
Directors sitting fees 0 0
Registration filing fees 0 3,25,610
Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 0 0

70
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Total miscellaneous expenditure written off 0 0
Bad debts written off 0 0
Bad debts advances written off 0 0
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
tangible asset
0 0
Payments to auditor [Abstract]
Payment for audit services 20,000 30,000
Payment for other services (C) 3,540
(D) 0
Total payments to auditor 23,540 30,000
Miscellaneous expenses (E) 15,676 (F) 8,157
Total other expenses 3,27,930 14,38,284
Current tax [Abstract]
Current tax pertaining to previous years 1,385 0
Total current tax 1,385 0
Footnotes
(A) Bank Commission/ Charges : 20287
(B) Bank Commission/ Charges : 767
(C) Certification Charges : 3540
(D) Certification Charges : 0
(E) Miscellaneous Expenses : 15676
(F) Miscellaneous Expenses : 8157
[300600] Notes - Additional information statement of profit and loss
01/04/2020
to
31/03/2021
01/04/2019
to
31/03/2020
Additional information on profit and loss account explanatory [TextBlock]
Total changes in inventories of finished goods, work-in-progress and
stock-in-trade
0 0
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
Total earnings in foreign currency 0 0
Domestic sale traded goods 0 6,47,40,066
Total domestic turnover goods, gross 0 6,47,40,066
Total revenue from sale of products 0 6,47,40,066
Total revenue from sale of services 0 0
Gross value of transaction with related parties as per AS-18 0 0
Bad debts of related parties as per AS-18 0 0
[300100] Notes - Revenue
01/04/2020
to
31/03/2021
Disclosure of revenue explanatory [TextBlock] As provided

71
[300700] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Key managerial personnels and directors [Axis] 1 2
01/04/2020
to
31/03/2021
01/04/2020
to
31/03/2021
Disclosure of key managerial personnels and directors and remuneration to key
managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and remuneration to key
managerial personnels and directors [LineItems]
Name of key managerial personnel or director
A M B A R
CHANDRANSHUBHAI
DAVE
A S H W I N
KIRTILAL MODI
Director identification number of key managerial personnel or director 08007325 07605305
Permanent account number of key managerial personnel or director ADTPD8139R AIGPM7138P
Date of birth of key managerial personnel or director 26/01/1969 22/08/1970
Designation of key managerial personnel or director Director Director
Qualification of key managerial personnel or director Graduate Graduate
Shares held by key managerial personnel or director [shares] 0 [shares] 0
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 0 0
Perquisites key managerial personnel or director 0 0
Profits in lieu of salary key managerial personnel or director 0 0
Gross salary to key managerial personnel or director 0 0
Sitting fees key managerial personnel or director 0 0
Stock option key managerial personnel or director 0 0
Sweat equity key managerial personnel or director 0 0
Commission as percentage of profit key managerial personnel or director 0 0
Other commission key managerial personnel or director 0 0
Other compensation key managerial personnel or director 0 0
Total key managerial personnel or director remuneration 0 0
[301000] Notes - Corporate social responsibility
01/04/2020
to
31/03/2021
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable on
company
No

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