ANI Integrated Services Ltd. के अकाउंट के लिये नोट

Mar 31, 2025

2.5 Management Disclosure Notes

1. There are no shares reserved for issue under options.

2. There are no securities that are convertible into equity / preference shares.

3. There are no shares allotted as fully paid-up pursuant to contract(s) without payment being received in cash during the period of five years immediately preceeding the year ended 31st March, 2024.

4. There are no shares bought back by the company during the period of five years immediately preceeding the year ended 31st March, 2024

Notes :

Term Loan 1 - ICICI Bank Vehicle Loan

Nature of facility : For purchase of New Commercial Vehicle

Tenor : 58 months

Repayment :- Principal to be paid in 58 equally monthly installments. Period of loan outstanding is 19 months

Term Loan 2 - ICICI Bank Vehicle Loan

Nature of facility : For purchase of New Commercial Vehicle

Tenor : 58 months

Repayment :- Principal to be paid in 58 equally monthly installments. Period of loan outstanding is 19 months

Term Loan 3 - ICICI Bank Vehicle Loan

Nature of facility : For purchase of New Commercial Vehicle

Tenor : 58 months

Repayment :- Principal to be paid in 58 equally monthly installments. Period of loan outstanding is 19 months

Term Loan 4 - HDFC Bank Vehicle Loan

Nature of facility : For purchase of New Commercial Vehicle

Tenor : 58 months

Repayment :- Principal to be paid in 58 equally monthly installments. Period of loan outstanding is 44 months

1. Secured Loan reapayble on demand :

ICICI Bank Limited Cash Credit Facility : Sanction limit of Rs. 2970 Lakhs (Rs.1170 Lakhs Funded and Rs.1800 Lakhs Non Funded). Terms of Repayment : On Demand

Descriptive Note

Cash Credit with bank has been secured by Hypothecation of Book Debts with 25% margin on receivables upto to 120 days. The cash credit is further collaterally secured by Equitable / Register Mortgage created on Property : Unit No. 619, 624 and 625 Lodha Supremus II, 22 Wagle Industrial Eatate, Thane owned by ANI Instruments - Partnership firm along with personal gaurantees of following Directors :

Mr. Navin Nandakumar Korpe Mrs. Anita Navin Korpe Mr. Akshay Korpe Mr. Kedar Korpe

2. Unsecured Loan reapayble on demand :

Standard Chartered Bank - Cash Credit Facility : Sanction limit of Rs. 2000 Lakhs.

Terms of Repayment : On Demand

Descriptive Note

Cash Credit with bank has been secured by Hypothecation of Book Debts with 25% margin on receivables upto to 90 days. The cash credit is further secured by corporate guarantee of ANI Instruments - Partnership firm along with personal guarantees of following Directors :

Note 7.1 : Steps have been taken to identify the suppliers who qualify under the definition of micro and small enterprises, as defined under the Micro, Small and Medium Enterprises Development Act 2006. Since no intimation has been received from the suppliers regarding their status under the said Act as at 31st March 2025, disclosures relating to amounts unpaid as at the year end, if any, have not been furnished. In the opinion of the management, the impact of interest, if any, that may be payable in accordance with the provisions of the Act, is not expected to be material.

Note 18 : Contingent liabilities and commitments (to the extent not provided for)

Sr. No. Contingent Liabilities

(_a) The Contingent liabilities not provided for Rs. 1815.69 Lakhs against Bank Guarantees submitted to Customers against contractual agreement of services

(b) A show cause notice has been issued to the company under section 279(1) for default under 276B / 276BB of the Income Tax Act , 1961 for delay in payments of Tax deducted at source for FY 2022-23. Currently the proceedings are on but prosecution has not been initiated hence the amount of penalty/fees is not determined / quantified.

(_c) Estimated amount of contracts remaining to be executed on capital account and not provided for Rs. Nil

32. In the opinion of the board, value on realization of debtors, loans and advances and other current assets in the ordinary courses of business will not be less than the amount stated in the balance sheet.

33. There are no long term contracts as on 31.03.2025 including derivative contracts for which there are any material foreseeable losses.

34. In the opinion of the board, provision for all known liabilities is adequate and not in excess of the amount reassonably necessary.

35. Figures of previous years have been regrouped, rearranged and reclassified wherever necessary to conform the current period''s classification.

(v) Other statutory information :

a) Title deeds of Immovable Property not held in name of the Company - NIL

b) The company has not revalued its Property, Plant and Equipment.

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

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

e) The Company has no relationship with struck off companies

f) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

g) The Company was not a part of any Scheme of Arrangements to be approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

h) The Company has not received any funds from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

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

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

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

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Mar 31, 2024

As at 31^st March 2024,claims against company not acknowledged as debts in respect of Income tax matter pertaining to AY ₍ ) 2017-18 amounting to ''66.14 lakhs. The matter is pending before Commissioner of Income Tax Appeals and the Management

⁽ '' expect that its position will not have material adverse effect on Company’s Financial position and result of operations. The Company has paid '' 13.23 lakhs to the statutory authorities pertaining to pre-deposit against the demand raised

(b) The Contingent liabilities not provided for '' 1686.59 Lakhs against Bank Guarantees submitted to Customers against contractual agreement of services

The CIT(TDS) has sanctioned u/s 279(1) and the ITO(TDS) has initiated complaint for prosecution of the company and some of its directors u/s 276B r.w. 278B for offence related to delayed payment of tax deducted at source for F.Y.2021-22. The amount

(c) of delay in payment of TDS is ''232 lakhs. The payments were delayed due to COVID 19 pandemic which had created cash flow constraints. The TDS payments were subsequently cleared along with interest .The company based on legal counsel is of the opinion that the proceedings are likely to be dropped in view of the extraordinary situation during the COVID 19 pandemic.

A show cause notice has been issued to the company under section 279(1) for default under 276B / 276BB of the Income Tax

(d) Act , 1961 for delay in payments of Tax deducted at source for FY 2022-23. Currently the proceedings are on but prosecution has not been initiated hence the amount of penalty/fees is not determined / quantified.

Commitments

(a) Estimated amount of contracts remaining to be executed on capital account and not provided for '' Nil

32 In the opinion of the board, value on realization of debtors, loans and advances and other current assets in the ordinary courses of business will not be less than the amount stated in the balance sheet.

33 There are no long term contracts as on 31.03.2024 including derivative contracts for which there are any material foreseeable losses.

34 In the opinion of the board, provision for all known liabilities is adequate and not in excess of the amount reassonably necessary.

35 Figures of previous years have been regrouped, rearranged and reclassified wherever necessary to conform the current period’s classification.

As per our report of even date For & On Behalf of the Board

For Shah & Modi

Chartered Accountants

FRN : 112426W Sd/- Sd/-

Mr. Navin Korpe Mr. Akshay Korpe

Managing Director Director

Sd/- DIN:02200928 DIN:02201941

Mr. Jaydeep N. Modi Date: 20^th May, 2024 Date: 20^th May, 2024

Partner Place: Thane Place: Thane

M.No.: 039255 Date: 20^th May, 2024

Place: Thane Sd/- Sd/-

Mr. Kedar Korpe Mr. Naman Sankhla

Chief Financial Officer Company Secretary

DIN:03017048 M.No. A69730

Date: 20^th May, 2024 Date: 20^th May, 2024

Place: Thane Place: Thane

(iv) Ratios to be disclosed:-

(a) Current Ratio, As per Annexure 1

(b) Debt-Equity Ratio,

(c) Debt Service Coverage Ratio,

(d) Return on Equity Ratio,

(e) Inventory turnover ratio,

(f) Trade Receivables turnover ratio,

(g) Trade payables turnover ratio,

(h) Net capital turnover ratio,

(I) Net profit ratio,

(j) Return on Capital employed,

(k) Return on investment.

(v) Other statutory information :

a Title deeds of Immovable Property not held in name of the Company - NIL b The company has not revalued its Property, Plant and Equipment.

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

d The Company has not been declared wilful defaulter by any bank or financial Institution or government or any government authority.

e The Company has no relationship with struck off companies

f The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

g The Company was not a part of any Scheme of Arrangements to be approved by the Competent Authority in terms of sections

230 to 237 of the Companies Act, 2013.

h The Company has not received any funds from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

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

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

j The Company does not have any such transaction which is not recorded in the books of accounts that has been surrendered

or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961)

As per our report of even date For & On Behalf of the Board

For Shah & Modi

Chartered Accountants

FRN : 112426W Sd/- Sd/-

Mr. Navin Korpe Mr. Akshay Korpe

Managing Director Director

Sd/- DIN:02200928 DIN:02201941

Mr. Jaydeep N. Modi Date: 20^th May, 2024 Date: 20^th May, 2024

Partner Place: Thane Place: Thane

M.No.: 039255 Date: 20^th May, 2024

Place: Thane Sd/- Sd/-

Mr. Kedar Korpe Mr. Naman Sankhla

Chief Financial Officer Company Secretary

DIN:03017048 M.No. A69730

Date: 20^th May, 2024 Date: 20^th May, 2024

Place: Thane Place: Thane

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Mar 31, 2023

x. Provisions and Contingent Liabilities:

Provisions:

Provisions are recognised when there is a present obligation as a result of a past event, it is probable that an outflow of resource''s embodying economic benefits will be required to settle the obligation and there is a reliable estimate of the amount of the obligation.

Provisions are measured at the best estimate of the expenditure required to settle the present obligation at the Balance Sheet date and are not discounted to its present value.

Contingent liabilities:

Contingent liabilities, commitments and provisions are not recognized but are disclosed in the financials notes.

xi. Segment Reporting:

The accounting policies adopted for segment reporting are in conformity with the accounting policies adopted for the company.

Revenue and expenses have been identified to segments on the basis of their relationship to the operating activities of the segment. Revenue and expenses, which relate to the Company as a whole and are not allocable to segments on a reasonable basis, have been included under “Unallocated expenses / income.

xii. Cash and Cash Equivalents:

In the Cash Flow Statement, cash and cash equivalents includes cash in hand. Demand deposits with banks, other balances with banks.

xiii. Earnings per share:

Basic earnings per share is computed by dividing the net profit or loss for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period. Earnings considered in ascertaining the Company''s earnings per share is the net profit for the period after deducting any attributable tax thereto for the period. The weighted average number of equity shares outstanding during the period and for all periods presented is adjusted for events, such as bonus shares, other than the conversion of potential equity shares, that have changed the number of equity shares outstanding, without a corresponding change in resources.

As per our report of even date For & On Behalf of the Board

For Shah & Modi

Chartered Accountants FRN : 112426W

Sd/- Sd/-

Mr. Navin Korpe Mr. Akshay Korpe

Managing Director Director

DIN: 02200928 DIN:02201941

Sd/- Date:- 29^th May, 2023 Date:- 29^th May, 2023

Mr. Jaydeep N. Modi

Partner Place:- Thane Place:- Thane

M.No.: 039255

Date:- 29^th May, 2023 Sd/- Sd/-

Mr. Kedar Korpe Mrs. Sanjana Sarda

Place:- Thane Chief Financial Officer Company Secretary

DIN:03017048 M.N. A60298

Date:- 29^th May, 2023 Date:- 29^th May, 2023

Place:- Thane Place:- Thane

assets, and same is disclosed as following:-

(a) All the Quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts, there are no material discrepancies.

(iv) Ratios to be disclosed:-

a) Current Ratio,

b) Debt-Equity Ratio,

c) Debt Service Coverage Ratio,

d) Return on Equity Ratio,

e) Inventory turnover ratio,

As per Annexure 1

f) Trade Receivables turnover ratio,

g) Trade payables turnover ratio,

h) Net capital turnover ratio,

i) Net profit ratio,

j) Return on Capital employed,

k) Return on investment.

(v) Other statutory information :

a) Title deeds of Immovable Property not held in name of the Company - NIL

b) The company has not revalued its Property, Plant and Equipment.

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

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

e) The Company has no relationship with struck off companies

f) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

g) The Company was not a part of any Scheme of Arrangements to be approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

h) The Company has not received any funds from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

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

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

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

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Mar 31, 2018

1. General Information

Ani Integrated Services Limited (the "Company") is engaged in the business of manpower deputation to the organized sector for providing engineering services such as Erection and Installation of Electrical / Instrumentation / Mechanical Turnkey Projects, Operation and Maintenance, Commissioning Assistance and Shutdown services.

The company has been converted into a Public Limited company and has changed its name from ANI Instruments Pvt. Ltd. To ANI Integrated Services Limited and obtained a fresh Certificate of Incorporation dated 28th September 2017. The equity share of the Company got listed on National Stock Exchange of India Limited ("NSE") w.e.f. 20^th November 2017.

2. Management Disclosure Notes

1. During the year the Company has issued 70,00,000 Bonus Shares in the ratio of 7:1 to the existing shareholder of the Company amounting to Rs. 7,00,00,000/

2. On 10th November, 2017 a fresh issue of 16,87,200 equity shares of face value of Rs.10 each for cash at a price of Rs.100 per equity share by way of an initial public offering.

3. There are no shares reserved for issue under options.

4. There are no shares bought back by the company during the period of five years immediately preceeding the year ended 31st March, 2018

5. There are no securities that are convertible into equity / preference shares.

Notes

1. Axis Bank Limited CC A/c No. 915030054273261 : Sanction limit of Rs.12 Crores ( Rs.5 Crores Funded and Rs.7 Crores Non Funded). During the current financial year company has repaid the Working capital of Rs.5 Cores.

Terms of Repayment

Collections from Book Debts, Other Receivables

Descriptive Note

Cash Credit with bank has been secured by Hypothecation of Book Debts with 40% margin on receivables upto to 90 days. The cash credit is further collaterally secured by Equitable / Register Mortgage created on Gala No. 37 and 38, Hasti Industrial Premises Co Op Soc Limited, Plot no. R-798, TTC Industrial Area, Mahape and Shop no. 2, Bhoomi Symphony, Plot No. 16, Sector - 20, Koparkhairne, Navi Mumbai owned by CMD Mr. Navin Nandakumar Korpe and personal gaurantees of Directors.

Mr. Navin Nandakumar Korpe

Mrs. Anita Navin Korpe

Mr. Akshay Korpe

Mr. Kedar Korpe

Note 3 (a) EMPLOYEE BENEFITS - GRATUITY (Un-funded)

The following tables summarize the components of the net employee benefit expenses recognised in the Statements of Profit and Loss the fund status and the amount recognised in the Balance Sheet for the Gratuity.

4. Utilisation of IPO proceeds

A) Amount utilized for share issue expenses:

A) Amount utilized for share issue expenses include payment made to merchant bankers, consultants and registrar towards Initial public offering of shares.

5. Estimated amount of contracts remaining to be executed on capital account and not provided for Rs. NIL

6. Balance of debtors, creditors, loans and advances and other current assets are subject to confirmation, reconciliation and adjustments, if any.

7. Sundry Debtors include amounts recorded based on actual invoices raised on customers and Billing in excess of revenue has been shown under Other Current Liabilities after calculation of revenue in terms of AS 7.

8. In the opinion of the board, value on realization of debtors, loans and advances and other current assets in the ordinary course of business will not be less than the amount stated in the balance sheet.

9. There are no long term contracts as on 31.03.2018 including derivative contracts for which there are any material foreseeable losses.

10. In the opinion of the board, provision for all known liabilities is adequate and not in excess of the amount reasonably necessary.

11. Figures of previous years have been regrouped, rearranged and reclassified wherever necessary to confirm the current period''s classification.