All e Technologies Ltd. के अकाउंट के लिये नोट

Mar 31, 2025

2.15 Provisions and contingencies

A provision is recognized when the Company has
a present obligation as a result of past events and
it is probable that an outflow of resources will be
required to settle the obligation in respect of which a
reliable estimate can be made. Provisions (excluding
retirement benefits) are not discounted to their present
value and are determined based on the best estimate
required to settle the obligation at the Balance Sheet
date. These are reviewed at each Balance Sheet date
and adjusted to reflect the current best estimates.
Contingent liabilities are disclosed in the Notes to
accounts. Contingent assets are not recognised in
the financial statements.

2.16 Operating Cycle:

Based on the nature of products / activities of the
Company and the normal time between acquisition of
assets and their realisation in cash or cash equivalents,
the Company has determined its operating cycle as 12
months for the purpose of classification of its assets
and liabilities as current and non-current. As a result,
current assets comprise elements that are expected
to be realised within 12 months after the reporting
date and current liabilities comprise elements that
are due for settlement within 12 months after the
reporting date.

2.17 Cash Flow Statements

C ash flow are reported using indirect method, whereby
net profit before tax is adjusted for the effects of
transaction of non-cash nature and any deferrals or
accruals of past or future cash receipts or payments.
The cash flow from regular revenue generating,
investing and financing activities of the Company are
segregated.

2.18 Borrowing Cost

Borrowing costs include interest, amortisation of
ancillary costs incurred and exchange differences
arising from foreign currency borrowings to the extent
they are regarded as an adjustment to the interest
cost. Costs in connection with the borrowing of funds
to the extent not directly related to the acquisition of
qualifying assets are charged to the Statement of
Profit and Loss over the tenure of the loan. Borrowing
costs, allocated to and utilised for qualifying assets,
pertaining to the period from commencement of
activities relating to construction / development of the
qualifying asset upto the date of capitalisation of such
asset is added to the cost of the assets. Capitalisation
of borrowing costs is suspended and charged to the
Statement of Profit and Loss during extended periods
when active development activity on the qualifying
assets is interrupted.

2.19 Capital Work in Progress

These are assets which includes the resources cost,
and any other costs directly attributable to bring the
assets to the location and condition necessary for it
to be capable of operating in the manner intended by
management but not put to use as on reporting date.

*Share option oustanding account:-

The reserve is used to recognise fair value of options issued to employees at the grant date under employee stock option
scheme and is adjusted on exercise/forfeiture of options.

**The Company has paid final dividend of ?1 (Rupees one only) per share i.e @10% of face value of equity share of ?10 (Rupees
Ten only) each fully paid up, for the financial year 2023-24, approved in AGM held on 27^th September 2024.

Nature and Purpose of Other Reserves:-

i. Securities Premium

Securities Premium represents premium received on issue of shares. The reserve is utilised in accordance with the
provisions of The Companies Act, 2013.

ii. Retained Earnings

E ntire profits made by the Company during the year has been transferred to retained earnings from statement of profit
and loss.

Note: Figures in bracket relate to the previous year

* The company has set up as a wholly owned subsidary comapany in Free Trade Zone in Dubai, UAE in the name and style as
"ALLETEC ME- FZCO". The Board of the Directors of the company has accorded to make Investment by way of Subscribing
5000 Ordinary Shares at a Price AED 10/- per share, amounting to AED 50000.

** As the liabilities for Gratuity and Leave Enchasement are provided on acturial basis for the company as a whole, the amount
pertaining to Directors and Key Management Personel are not included in above.

The transaction with related parties are made on terms equivalent to those that prevaling aarm''s length transaction.

29.5. Segment Reporting

The Company Operates in one segment i. e Digital Transformation Solutions & Services for diverse Industries as per Accounting

Standard (AS) 17- Segment Reporting , therefore there are no separate reportable segments.

Note 29.6: Additional Regulatory Information Required by Schedule III

(i) D uring the financial year the Company has taken a Car loan of ? 60,00,000/- from Bank of Broda on dt. 28/10/2024. The
company has registered the charge with Registrar of Company (ROC) on dt.14/05/2025.

(ii) D he Ministry of Corporate Affairs (''MCA'') has, by way of notifications dated September 20, 2017, notified the proviso to
Section 2(87) of the Companies Act, 2013 (''Companies Act'') and the Companies (Restrictions on Number of Layers)
Rules, 2017 (''Layers Restrictions Rules''). The Company is in compliance with the said notification.

(iii) The company does not have any pending scheme of arrangement in terms of section 230 to 237 of companies Act
2013.

(iv) D he Company has not borrowed any amount from any banks or financial institutions on the basis of security of current
assets.

(v) The Company has not revalued it''s property plant and equipment during the financial year.

(vi) Specified Ratio has been Calculated as per "Annexure-1" Attached.

(vii) There is no income surrendered or disclosed as income during the current or previous year in the tax assessment under
the Income Tax Act,1961 that has not been recorded in the books of accounts.

(ix) The Company has no transactions with struck off companies.

(x) The Company does not have any Benami property, where any proceeding has been initiated or pending against the
company for holding any Benami property.

(xi) The company does not hold any immovable properties, both during the current year or previous year for which title
deeds are not held in the name of company.

(xii) T he Company has not been declared wilful defaulter by any bank or financial institution or government or any government
authority.

(xiii) No Advance or loan or invested funds have been given by company to any person(s) or entity(ies),including foreign
entities (intermediaries) with the understanding that the intermediary shall

(i) T irectly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf
of the company(ultimate Beneficiaries.) or

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

(xiv) No fund received by company from any person(s) or entity(ies), including foreign entities(funding party) with the
understanding (whether recorded in writing or otherwise) that the company shall

(i) T irectly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf
of the funding party (ultimate Beneficiaries.) or

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

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

Note 29: Notes To The Accounts (Contd.)

29.8. Repurposing the proceeds of the objects of IPO

As per RHP of the company The company envisages to deploy the funds within a period of 12 to 24 months i. e till 21^st December
2024.

During the Annual General Meeting of the member held on 27^th September 2024, the company has passed special resolution
for repurposing the unutilized proceeds amounting to ? 3950.88 Lacs received for the objects of the Initial Public offer (IPO).

The resolution was adopted and approved to utilize the un-utilize IPO proceed amount within upto 36 months towards the
acquisition of Businesses in similar areas.

29.9. Exceptional items & Extraordinary items

Reversal of IPO Expenses debited in earlier year/s of financial statement.

29.10. Micro, Small & Medium Enterprises

The information as required to be disclosed in relation to Micro, Small and Medium Enterprises has been determined to the
extent such parties have been identified on the basis of information available with the Company.

29.11. Other Notes

(i) T he above standalone financial statements have been reviewed and recommended for adoption by the audit committee
to the Board of Directors and have been approved by the board at its meeting held on 21^st May 2025.

(ii) There are no investor complaints received/pending as on 31^st March, 2025.

(iii) T revious year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s
classification/disclosure.

For and on behalf of the Board of Directors

For Suresh & Associates Ajay Mian Suman Mian

Chartered Accountants Managing Director Director

Firm''s Registration No: 003316N DIN : 00170270 DIN : 00170357

(Narendra K Arora) Sandeep Jain Kanak Gupta

Partner Chief Financial Officer Company Secretary

Membership No: 088256

Place : New Delhi
Date : 21^st May, 2025

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Mar 31, 2024

2.15 Provisions and contingencies

A provision is recognized when the Company has a present obligation as a result of past events and it is probable that an outflow of resources will be required to settle the obligation in respect of which a reliable estimate can be made. Provisions (excluding retirement benefits) are not discounted to their present value and are determined based on the best estimate required to settle the obligation at the Balance Sheet date. These are

reviewed at each Balance Sheet date and adjusted to reflect the current best estimates. Contingent liabilities are disclosed in the Notes to accounts. Contingent assets are not recognised in the financial statements.

2.16 Operating Cycle

Based on the nature of products / activities of the Company and the normal time between acquisition of assets and their realisation in cash or cash equivalents, the Company has determined its operating cycle as 12 months for the purpose of classification of its assets and liabilities as current and noncurrent. As a result, current assets comprise elements that are expected to be realised within 12 months after the reporting date and current liabilities comprise elements that are due for settlement within 12 months after the reporting date.

2.17 Cash Flow Statements

Cash flow are reported using indirect method, whereby net profit before tax is adjusted for the effects of transaction of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash flow from regular revenue generating, investing and financing activities of the Company are segregated.

(c) Disclosure for ESOP as per Guidance note issued by ICAI on Share Based Payments:-

• Under Employee Stock Option Scheme (ESOP) of the Company, share options of the company are granted to employees subject to achievement of targets as defined in ongoing vision of the company.

• Vesting period range from 1 to 4 years. Each option carries the right to the holder to apply for share of the company granted at par.

• The share options are valued at the fair value/market price of the options as on the date of grant using Black Scholes pricing model.

• There is no cash settlement alternative.

• During the financial year 2023-24, the Board of the company has granted 10,000 options on 15th September, 2023 under ESOP to the eligible employees under the existing scheme.

• The company has used market price of Rs. 163.30/- as on grant date for computing ESOP expenses.

• Accordingly, ESOP expenses for the options granted have been recognised in the Financial Statements.

28.6. Additional Regulatory Information Required by Schedule III

(i) The Company has not taken any secured loan hence no need to create any charge.

(ii) ''The Company is in compliance with number of layers of companies as per clause 87 of section 2.

(iii) No scheme of arrangement have been approved by competent authority in terms of section 230 to 237 of companies Act 2013.

(iv) The Company has not taken borrowings from any banks or financial institutions on the basis of security of current assets.

(v) ''The Company has not revalued it''s proprty plant and equipment during the financial year.

(vi) The Company has no Capital WIP projects,hence ageing schedule of CWIP prescribed are not required to report.

(vii) The Company has no Underdeveloped Intangible Assets, hence ageing schedule prescribed for underdeveloped intangible assets is not required to report.

(viii) Specified Ratio has been Calculated as per "Annexure-1" Attached.

(ix) There is no income surrendered or disclosed as income during the current or previous year in the tax assessment under the Income Tax Act,1961 that has not been recorded in the books of accounts.

(x) No Loans and Advances in that nature of loan granted to Promoters, directors, KMPs, and Related Parties (as defined in companies Act 2013), either jointly or severally with any other person, that are

(a) repayable on demand or

(b) without specifying any terms or period of repayment

(xi) ''The Company has no transactions with struck off companies

(xii) ''The Company does not have any Benami property, where any proceeding has been initiated or pending against the Group for holding any Benami property.

(xiii) The company does not hold any immovable properties, both during the current year or previous year for which title deeds are not held in the name of company.

(xiv) ''The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

(xv) No Advance or loan or invested funds have been given by company to any person(s) or entity(ies),including foreign entities (intermediaries) with the understanding that the intermediary shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company(ultimate Beneficiaries.) or

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

(xvi) No fund received by company from any person(s) or entity(ies), including foreign entities(funding party) with the understanding (whether recorded in writing or otherwise) that the company shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the funding party (ultimate Beneficiaries.) or

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

(xvii) ''The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

(xviii) Based on information available with the Company regarding the status of suppliers as defined under the Micro, Small and Medium Enterprises , there is no amount remaining unpaid to Micro Small and Medium Enterprises as at the close of the year.

(xix) Value of Investment in Alletec Retail Solutions Private Limited (Wholly owned subsidiary) has been reflecting at NIL since

FY 2021-22 due to permanent diminution in the value of investment.

(xx) Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s

classification/disclosure.

(xxi) Company operates in a single reportable operating segment. Hence there are no separate reportable segments.

(xxii) The above standalone financial statements have been reviewed and recommended for adoption by the audit committee to the Board of Directors and have been approved by the board at its meeting held on 20th May. 2024.

(xxiii) There are no investor complaints received/pending as on 31st March 2024

28.7 During the financial year 2022-23, one of company''s customer''s (Flamboyant Technologies Pvt. Ltd.) cloud space got hacked by cybercriminals. Hackers misused many servers which were used by them for mining of money. This consumption of infrastructure on the cloud led to generation of a humongous bill and till Previous Year it was reflecting as Contingent Liability as per Note No. 28.17.

However during the Current financial year management has settled this issue by raising the invoice to Flamboyant Technologies Pvt. Ltd. dated 30th September, 2023 and 4th October, 2023 of Rs. 26,94,099 /- and 1,32,43,881 /- respectively. Furthermore, the company has also agreed to pay Vendor (Microsoft) Rs.1,48,26,027.20 (Including GST) in 12 equal monthly installments starting from January 2024.

28.8 Notes To The Accounts

During the financial year ended 31st March, 2023, the company has completed its initial public offer (IPO) of 53,55,200 equity shares of face value of 10/- each at an issue price of Rs. 90 per share aggregating to Rs. 48,19,68,000 comprising fresh issue of 48,64,000 shares aggregating to Rs. 43,77,60,000 and offer for sale of 4,91,200 shares by selling shareholders aggregating to Rs. 4,42,08,000. The equity shares of the company were listed on National Stock Exchange of India Limited Small and Medium Exchange (NSE SME) on 21st December, 2022.

The Company has incurred Rs. 4,64,14,710 as IPO related expenses and allocated such expenses between the Company and selling shareholder to the extent of Rs. 4,21,78,975 and Rs. 42,35,735 respectively. Such amounts were allocated based on agreement between the company and the selling shareholder (ESOP Trust) and in proportion to the total proceeds of the IPO. The Company''s share of expenses of Rs. 4,21,78,975 includes payment to Auditors for Audit of Restated Financial Statements and Certification charges, which have been collectively shown in Non- Current Assets schedule as Deferred IPO Expenses to be written off over a period of 5 years in equal installments. Accordingly out of the above company has written off an amount of Rs. 84,35,795 /- and balance of Rs. 3,37,43,180 /- has shown as deferred IPO expenses under Note No. 14 of financial statements.

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Mar 31, 2023

(a) Terms/rights attached to Equity Shareholders

The Company has only one class of Equity shares having a par value of H 10 per share .Each holder of Equity share is entitled to one vote per share.

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 amount.

Note 27: Notes To The Accounts

27.01. Balances of Sundry Creditors, Sundry Debtors & Loans and Advances are subject to confirmations and reconciliation, if any.

(b) Disclosure for ESOP as per Guidance note issued by ICAI on Share Based Paymentsi-

Under Employee Stock Option Scheme (ESOP) of the Company, share options of the company are granted to employees subject to achievement of targets as defined in ongoing vision of the company.

Vesting period range from 1 to 4 years.

Each option carries the right to the holder to apply for share of the company granted at par.

The share options are valued at the fair value of the options as on the date of grant using Black Scholes pricing model. There is no cash settlement alternative.

The Board of the company has granted 1,14,000 options on 15th September, 2022 under ESOP to the eligible employees under the existing scheme.

Note 27: Notes To The Accounts (Oontd..}

The company has also modified its fair value of H 335.83/- as on 15th September, 2022 to H 76.83/-.

The new value has been arrived at by adjusting the old value with the increased paid up share capital due to the IPO. Accordingly, ESOP expenses for old and new options granted have been recognised in the Financial Statements.

27.06. Based on information available with the Company regarding the status of suppliers as defined under the Micro, Small and Medium Enterprises , the amount aemaining unpaid to Micro Small and Medium Enterprises as at the close of the year is disclosed separately.

27.07. Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current year''s classification/disclosure.

27.08. No Loans and Advances in that nature of loan granted to Promoters, directors, KMPs, and Related Parties (as defined in companies Act 2013), either jointly or severally with any other person, that are

(a) repayable on demand or

(b) without specifying any terms or period of repayment

27.09. No borrowings have been made from banks or financial institution against current assets.

27.10. Company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with companies (Restriction on number of layers) rules, 2017.

27.11. Specified Ratio has been Calculated as per ‘Annexure-4” Attached.

27.12. No scheme of arrangement have been approved by competent authority in terms of section 230 to 237 of companies Act 2013.

27.13. No Advance or loan or invested funds have been given by company to any person(s) or entity(ies),including foreign entities (intermediaries) with the understanding that the intermediary shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company(ultimate Beneficiaries.) or

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

27.14. No fund received by company from any person(s) or entity(ies), including foreign entities(funding party) with the understanding (whether recorded in writing or otherwise) that the company shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the funding party (ultimate Beneficiaries.) or

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

iii) The Company doesn''t carry any provisions for Corporate Social Responsibility expenses for the current year and previous year.”

iv) The Company does not wish to carry forward any excess amount spent during the year.

v) The Company doesn''t have any ongoing projects as at 31st March, 2023.

27.16. Contingent Liabilities:-

During the year, one of our customer''s cloud space got hacked by cybercriminals. Hackers misused many servers which were used by them for mining of money. This consumption of infrastructure on the cloud led to generation of a humongous bill. which the customer declined to acknowledge.

The Vendor of this service raised the invoice for such unauthorized use by cybercriminals amounting to H1,48,26,027.20 (Including GST). The company has raised objections (ticket) against such usage with the vendor and the discussions are still underway. The company has Correspondingly filed the insurance claim under its Cyber Insurance policy vide claim no:-LIA051465033. The outcome is still pending, hence it is classified as contingent liability.”

27.17. Company operates in a single reportable operating segment. Hence segment reporting is not applicable.

27.18. The above consolidated financial statements have been reviewed and recommended for adoption by the audit committee to the Board of Directors and have been approved by the board at its meeting held on 20th May 2023.”

27.19. There are no investor complaints received/pending as on 31st March, 2023.

27.20. Details of IPO and Net IPO proceeds utilization :-

1. During the year ended 31st March, 2023, the company has completed its initial public offer (IPO) of 53,55,200 equity shares of face value of 10/- each at an issue price of H 90 per share aggregating to H 48,19,68,000 comprising fresh issue of 48,64,000 shares aggregating to H 43,77,60,000 and offer for sale of 4,91,200 shares by selling shareholders aggregating to H 4,42,08,000. The equity shares of the company were listed on National Stock Exchange of India Limited Small and Medium Exchange (NSE SME) on 21st December, 2022.

The Company has incurred H 4,64,14,710 as IPO related expenses and allocated such expenses between the Company and selling shareholder to the extent of H 4,21,78,975 and H 42,35,735 respectively. Such amounts were allocated based on agreement between the company and the selling shareholder (ESOP Trust) and in proportion to the total proceeds of the IPO. The Company''s share of expenses of H 4,21,78,975 includes payment to Auditors for Audit of Restated Financial Statements and Certification charges, which have been collectively shown in Non- Current Assets schedule as Deferred IPO Expenses to be written off over a period of 5 Years in equal installments.

2. The Company has received an amount of H 43,77,60,000 from proceeds out of fresh issue of equity shares.