10. Provisions, Contingent Liabilities and Contingent Assets: (AS-29)

Provisions are recognized only when there is a present obligation as a result of past events
and when a reliable estimate of the amount of the obligation can be made.

Contingent Liabilities is disclosed in Notes to the account for:

i. Possible obligations which will be confirmed only by future events not wholly
within the control of the company or

ii. Present Obligations arising from past events where it is not probable that an
outflow of resources will be required to settle the obligation or a reliable estimate
of the amount of the obligation cannot be made.

Contingent assets are not recognized in the financial statement since this may result in the
recognition of the income that may never be realized.

11. Intangible Assets :(AS 26)

(a) Recognition and Measurement

Intangible assets are recognized when it is probable that future economic benefits
attributable to the asset will flow to the Enterprise and the cost of the asset can be
measured reliably.

Separately acquired intangible assets are measured initially at cost. Following initial
recognition, intangible assets are carried at cost less accumulated amortization and
accumulated impairment losses, if any.

(b) Research and Development Costs

Expenditure on research phase activities is recognized as an expense in the Statement of
Profit and Loss as incurred.

Development expenditures arising from an internal project are capitalized and recognized
as an intangible asset if, and only if, the Enterprise can demonstrate all of the following:

i. The technical feasibility of completing the intangible asset so that it will be
available for use or sale;

ii. Its intention to complete the intangible asset and use or sell it;

iii. Its ability to use or sell the intangible asset;

iv. How the intangible asset will generate probable future economic benefits
(including the existence of a market for the output of the asset, the asset itself, or
its internal usefulness);

v. The availability of adequate technical, financial, and other resources to complete
the development and to use or sell the asset; and

vi. Its ability to measure reliably the expenditure attributable to the intangible asset
during its development.

Capitalized development costs are stated at cost less accumulated amortization and
impairment.

12. Foreign Exchange Transactions (AS 11) :

Foreign currency transactions are recorded in the reporting currency by applying the
exchange rate between the reporting currency and the foreign currency at the date of the

transaction, in accordance with AS 11- The Effects of Changes in Foreign Exchange
Rates.

Monetary items denominated in foreign currencies outstanding at the Balance Sheet date
are translated at the closing rate. Non-monetary items that are measured in terms of
historical cost in a foreign currency are reported using the exchange rate at the date of the
transaction.

Exchange differences arising on the settlement of monetary items or on translating
monetary items at rates different from those at which they were initially recorded during
the period, or reported in previous financial statements, are recognized as income or
expense in the period.

13. Earnings per share:

Basic earnings per share is computed by dividing the net profit for the period attributable
to the equity shareholders of the Company by the weighted average number of equity
shares outstanding during 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.

14. Material Events:

Material events occurring after Balance Sheet date are taken into cognizance for better
presentation of financial statement and full disclosers.

15. General:

Except wherever stated, accounting policies are consistent with the accounting standards and have
been consistently applied.

The assertions in the financial statements, including the outstanding balances and closing balances
for transactions may be reclassified for better presentation and disclosure purposes.

(B) Notes on Financial Statements

1. The classification of creditors as micro and small enterprise has been given to the parties from
whom the confirmation has been received regarding their classification as per MSMED Act.

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

10. The Company has not declared any dividends for year FY 2025-26.

11. Previous year figures were regrouped/rearranged wherever necessary.

12. The figures stated in financials have been rounded off to the nearest decimal (in Lakhs)
wherever required

11. Provisions, Contingent Liabilities and Contingent Assets: (AS-29)

Provisions are recognized only when there is a present obligation as a result of past events
and when a reliable estimate of the amount of the obligation can be made.

Contingent Liabilities is disclosed in Notes to the account for:

(i) Possible obligations which will be confirmed only by future events not wholly within
the control of the company or

(ii) Present Obligations arising from past events where it is not probable that an outflow of
resources will be required to settle the obligation or a reliable estimate of the amount of
the obligation cannot be made.

Contingent assets are not recognized in the financial statement since this may result in the
recognition of the income that may never be realized.

12. Earnings per share:

Basic earnings per share is computed by dividing the net profit for the period attributable
to the equity shareholders of the Company by the weighted average number of equity
shares outstanding during 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.

13. Material Events:

Material events occurring after Balance Sheet date are taken into cognizance for better
presentation of financial statement and full disclosers.

14. General:

Except wherever stated, accounting policies are consistent with the accounting standards and have
been consistently applied.

The assertions in the financial statements, including the outstanding balances and closing balances
for transactions may be reclassified for better presentation and disclosure purposes.

(B) Notes on Financial Statements

1. The classification of creditors as micro and small enterprise has been given to the parties from
whom the confirmation has been received regarding their classification as per MSMED Act.

2. Trade receivables, Trade payables, Loans & Advances and Unsecured Loans have been taken at
their book value subject to confirmation and reconciliation.

4. Loans and Advances are considered good in respect of which company does not hold any security
other than the personal guarantee of people.

5. Related Party disclosure as identified by the company and relied upon by the auditors:

(A) Related Parties and their Relationship

(I) Key Management Personnel

1. Nitin Sachdeva

2. Preeti Sachdeva

3. Manish Sachdeva

4. CA Deepak Jajoo

5. CS Manishraj Bhatt

(II) Relative of Key Management Personnel

(This does not include expenses incurred through credit card usage. Only transactions directly paid/
transacted from the company bank account conducted in foreign currency are mentioned above.
Additionally foreign exchange gain/loss are excluded)

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

10. The Company had declared and paid a dividend of INR 2.75 / share on 2nd of Sep 2024 for it’s
ordinary shareholders.

11. Previous year figures were regrouped/rearranged wherever necessary.

12. The figures stated in financials have been rounded off to the nearest decimal (in Lakhs) wherever
required

For Jodh Joshi & Co. For Delaplex Limited

FRN No. 104317W

Chartered Accountants

Sd/-

Preeti Sachdeva
(Whole Time Director)
DIN 05354561

Sd/-

Deepak Jajoo

CFO

Nagpur

Sd/-

Nitin Sachdeva
(Managing Director)
DIN 01627153

Sd/-

Manishraj Bhatt
Company Secretary

(B) Notes on Financial Statements

1. The classification of creditors as micro and small enterprise has been given for the parties from whom the confirmation has been received regarding their classification as per MSMED Act.

2. Trade receivables, Trade payables, Loans & Advances and Unsecured Loans have been taken at their book value subject to confirmation and reconciliation.

4. Loans and Advances are considered good in respect of which company does not hold any security other than the personal guarantee of persons.

5. No provision for retirement benefits has been made, in view of accounting policy No. 11. The impact of the same on Profit & Loss is not determined.

10. During the Financial Year 2023-24 the company had declared a bonus issue of Equity share in the ratio of 730:1 i.e. holder of 1 (One) equity shares will be entitled to receive 730 (Seven Hundred and Thirty) equity shares.

11. The Company is listed on the Emerge Platform of National Stock Exchange of India Limited (NSE) on 2^nd February, 2024

12. Material events after balance sheet date-

a) The company incorporated the wholly owned subsidiary by the name of delaPlex Software Limited in UK on 13^th April 2024

b) The company purchased 70% shares of Bangalore based company, Celestia Crew Consultancy Pvt. Ltd. in May, 2024.

These events do not have financial impact on financial statement as on the date of balance sheet.

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

14. Previous year figures have been regrouped/rearranged wherever necessary.

15. The figures stated in financials have been rounded off to the nearest decimal (in Lakhs) wherever required