Padam Cotton Yarns Ltd. के अकाउंट के लिये नोट

Mar 31, 2025

14.2 Rights, Preference and restrictions attaching to each class of shares Equity shares

The Company has only one class of equity shares having a par value of Rs 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 proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. During the year ended 31 March 2025, the amount of per share dividend recognized as distribution to equity shareholders was Rs. 38.73 Lakhs (Previous Year NIL).

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. The distribution will be in proportion to the number of equity shares held by the shareholders.

(i) Capital Redemption Reserve

Capital Redemption Reserve is created out of money collected on forefeiture of equity shares by the company.

(ii) Retained Earnings

Retained earning are profits of the company net of adjustments on account of transfer to General Reserve, deividend or other distribution or transactions with shareholders.

(iii) Other Comprehensive Income ( ''OCT)

Other Comprehensive Income (''OCI'') reprsents the cumulative gains and loss arising on the revluation of equity instruments measured at fair value through Other Comprehensive Income (''OCI'') net of the taxes.

NOTE ''30'' CONTINGENT LIABILITIES AND COMMITMENTS
Particulars	As at 31 March 2025	As at 31 March 2024
	INR in lakhs	INR in lakhs
Contingent Liabilities
Income Tax demand AY 2013-14 to AY 2018-19	-	2.53

NOTE 31.1 : Employee Benefits

A) Gratuity

The company does not have an permanent employee therefore, no provision as per Gratuity Act, 1972 is required and made for the company

B) Defined Contribution Plan and other Employee benefits

The company does not have any permanent employee therefore, no compliance is required to be made against the provident fund and ESI or other employee benefits.

NOTE ''31.2'' Operating Segments :

As mentioned in the Note no 1 " Company Information" the company does not have any trading or industrial Business at present. Further the company has adopted new business of lending and investment hence as such there are no separate reportable segments as per Inida Accounting Standard " Operating Segments" ( Ind AS 108)

Note No. 32 : Leases

a. The Company recognizes the expenses of short-term leases on a straight-line basis over the lease term. During the year, expenses of ? 1.777 lakhs (previous year Rs 0 lakhs) related to short-term and low value leases were recognised.

b. On March 31, 2025, lease liabilities were ? 37.81 lakhs (Previous Year : ? 0 lakhs). The corresponding interest expense for the year ended March 31, 2025 was ? 0.536 lakhs (Previous Year ? 0 lakhs).The portion of the lease payments recognized as a reduction of the lease liabilities and as a cash outflow from financing activities amounted to ? 1.77 lakhs for the year ended March 31, 2025(Previous Year ? Nil).

This section gives an overview of the significance of financial instruments for the Company and provides additional information on balance sheet items that contain financial instruments.

The details of significant accounting policies, including the criteria for recognition, the basis of measurement and the basis on which income and expenses are recognised in respect of each class of financial asset, financial liability and equity instrument are disclosed in Note 2 to the financial statements.

B. Fair value hierarchy

The fair value of the financial assets and financial liabilities are included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale.

(2) The Company uses the following fair value hierarchy for determining and disclosing the fair value of financial instrument:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities. This category consists of investment in quoted equity shares

Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3: Inputs for the assets or liabilities that are not based on observable market data (unobservable inputs). Fair values are determined in whole or in part, using a valuation model based on assumptions that are neither supported by prices from observable current market transactions in the same instrument nor are they based on available market data. This level of hierarchy includes Company"s investment in equity shares which are unquoted or for which quoted prices are not available at the reporting dates.

Carrying value of investments in unquoted shares approximates cost at which they are purchased.

There have been no transfers between Level 1 and Level 2 either during the year ended 31^stMarch 2025 or during the year ended 31st March 2024.

(i) Investments carried at fair value are generally based on market price quotations. These investments in equity instruments are not held for trading. Instead, they are held for long term strategic purpose. The Company has chosen to designate these investments in equity instruments at FVOCI since; it provides a more meaningful presentation. Cost of certain investments in equity instruments have been considered as an appropriate estimate of fair value because of wide range of possible fair value measurements and cost represents the best estimate of fair value within that range.

(ii) Fair value of cash and cash equivalents, bank balances other than cash and cash equivalents, loans and other current & Non-current financial assets, and other current financial liabilities approximate their carrying amounts due to the short term maturities of these instruments.

(iii) Management uses its best judgment in estimating the fair value of its financial instruments. However, there are inherent limitations in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates presented above are not necessarily indicative of the amounts that the Company could have realised or paid in sale transactions as of respective dates. As such, fair value of financial instruments subsequent to the reporting dates may be different from the amounts reported at each reporting date.

3) Financial risk management objectives and policies

The Company does not have financial liabilities for the current reporting period except for certain non -fund based Bank overdraft. The Company"s principal financial assets include Cash and cash equivalents, loans repayable on demand, fixed deposits with banks and other financial assets including investments in equity and private funds.

The Company is exposed to liquidity risk & market risk The company''s Senior management under the supervision of Board of Directors oversees the management of these risks. The senior management provides assurance that the Company"s financial risk activities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with the Company"s policies and risk objectives.

(a) Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises of interest rate risk, credit risks and other risks, such as regulatory risk and country risk.

(b) Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company"s exposure to the risk of changes in market interest rates relates primarily to the Company"s obligations towards Bank overdraft with floating interest rates. But since it is for short duration it doesn''t cast significant risk owing to this exposure. To mitigate the interest rate risk, the Company maintains an impeccable track record and ensures long term relation with the lenders to raise adequate funds at competitive rates. Company has access to low cost borrowings, because of its healthy balance sheet and presently the company does not have any borrowings as on the reporting date.

Dues to Micro and Small Enterprises have been determined to the extent such parties have been identified on the basis of information collected by the Management. This has been relied upon by the auditors

NOTE 36’

Additional regulatory information required by Schedule III of Companies Act, 2013

Disclosures under Schedule V to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: The Company does not have any holding or subsidiary Company. The other necessary disclosures are furnished in the Report of the Board of Directors dated September 04, 2025 and annexed to the Annual Report for the financial year ended 31.03.2025. Please refer to the same.

NOTE ’37’

OTHER DISCLOSURES Additional Regulatory Information

Amended Schedule III of the Companies Act 2013 requires additional regulatory information to be provided in financial statements. These are as follows;

1) Title deeds of Immovable Property

Title deeds of immovable properties in the case of freehold land, (for description refer note no 4) are held in the name of the Company.

2) Fair valuation of Investment property

The company has not classified any property as Investment property, hence fair valuation of Investment property by a registered valuer as defined under Rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017 does not arise.

3) Revaluation of Property, Plant and Equipment and Right -of- Use Assets.

The Company has not revalued any of its Property, Plant and Equipment (including Right-of-Use Assets) during the current reporting period and also reporting period and also for previous year''s reporting period.

4) Loans or advances to specified persons

The Company has not granted any loans or advances to promoters, directors, KMPs and the related parties (as defined under the Companies Act 2013, either severally or jointly with any other person, that are (a) repayable on demand, or (b) without specifying any terms or period of repayment.

5) Capital Work in Progress

There was no capital work in progress during the Financial Year 2024-2025 and no amount was spent on this account upto 31-03-2025.

6) Intangible Assets under development

The Company does not have any intangible assets under development during the current and previous year reporting period.

7) Details of Benami Property held: Additional Disclosure

The Company does not hold any Benami Property and hence there were no proceedings initiated or pending against the Company for holding any benami property under the Benami Transactions (Prohibitions) Act, 1988 and the Rules made thereunder, hence no disclosure is required to be given as such.

The Company does not have any borrowings from banks or financial on the basis of security of current assets (except lien on Bank Fixed Deposits for availing temporary overdraft facilities - Refer Note - 6 on Accounts) hence no disclosure is required as such on this account.

9) Willful Defaulter

The Company has not been declared as willful defaulter as at the date of the balance sheet or on the date of approval of the financial statements, hence no disclosure is required as such.

10) Relationship with Struck off Companies

The Company does not have any transactions with Companies which are struck off under Section 248 of the Companies Act, 2013 or Section 560 of the Companies Act, 1956, hence no disclosure is required as such.

11) Registration of Charges or Satisfaction with Registrar of Companies (ROC)

There are no charges against the companies which are yet to be registered or satisfaction yet to be registered with ROC beyond the statutory period, hence no disclosures are required as such.

12) Compliance with number of layers of companies

The Company does not have investment in any downstream companies for which it has to comply with the number of layers prescribed under Clause (87) of Section 2 of the Companies Act, 2013 read with Companies (Restriction on number of layers) Rules, 2017, hence no disclosure is required as such.

13) Utilization of Borrowings

The Company does not have any outstanding balances towards the borrowings from banks and financial institutions at the balance sheet date, hence no further disclosure is required as such.

14) Utilization of Borrowed Funds and Share Premium

(A) The Company has not advanced or loaned or invested funds (either borrowed funds or Share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (intermediaries) with the understanding (whether recorded in writing or otherwise) that the intermediary shall;

a. Directly or indirectly lent or invest in other person(s) or entity (ies) identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) Or

b. Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries. Hence no disclosure is required as such.

(B) The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Parties) with the understanding (whether recorded in writing or otherwise ) that the company shall;

a. Directly or indirectly lend or invest in other person(s) or entity(ies) identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) Or

15) Undisclosed Income

The Company does not have any undisclosed Income which was not recorded in the books of accounts and which 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. Also the Company does not have previously unrecorded income and related assets which were required to be properly recorded in the books of accounts during the year.

16) Details of Crypto Currency Or Virtual Currency

The Company has not traded or invested in Crypto Currency or Virtual Currency during the financial year, hence disclosure requirements for the same is not applicable.

17) Corporate Social Responsibility Activities

The provisions of section 135 of the companies act, 2013 with respect to Corporate Social Responsibility activities are not applicable to the company for the Financial Year 2024-2025.

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Mar 31, 2024

(d) T erms and rights attached to Equity Shares:

The Company has issued only one class of Equity Shares having a Face Value of ? 10/- per share. Each holder of Equity Shares 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 amounts. The distribution will be in proportion to the number of Equity Shares held by the shareholders.

Nature and purpose of other Reserves General Reserve

The general reserves are the retained earnings of a Company which are kept aside out of Company''s profits to meet future (known or unknown) obligations. The general reserve is a free Reserve which can be utilized for any purpose after fulfilling certain conditions.

Note 21 — Contingent Liabilities not provided for

Not any

Note:

(a) The Company has not provided for Gratuity Fund payable to certain employees.

(b) The Company is having investments in some of small cap illiquid stocks where either there is very thin trading or is no trading during the entire financial year. Even trading in some of these shares has been suspended by Stock Exchanges. The Company has valued these shares on last traded price on BSE/CSE and has not made any provision for the possible losses.

(c) The audited financial statement, valuation of the unquoted investments are subject to the valuation by independent valuer, as per management explanation they are under process to carrying out fair valuation from registered valuer , these are shown its investment value.

(d) Currently the trading in the Shares are under restrictions and there might by Penalties/Charges at the time of shifting of trading from restricted segment (GSM) to normal trading.

Note 22: Corporate Social Responsibility

The Company does not meet the criteria specified in sub section (1) of section 135 of the Companies Act, 2013, read with Companies [Corporate Social Responsibility (CSR)] Rules, 2014. Therefore it is not required to incur any expenditure on account of CSR activities during the year.

Note 23: Segment Reporting -

The company is primarily engaged in the single business of trading in shares and securities and there is no reportable secondary segment i.e. geographical segment. Hence, the disclosure requirement of Accounting Standard-17 "Segment Reporting" as notified by Companies (Accounting Standards) Rules, 2006 (as amended) is not applicable.

Note 25: Details of Loans given, Investments made, guarantees given covered under Section 186(4) of The Companies Act, 2013

Since your Company is one of the RBI registered NBFC (Non-deposit taking Company), provision of Section 186 of the Companies Act, 2013 are not applicable to the Company.

Note 27:

There are no Micro and Small Scale Business Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at March 31, 2024. This information as required to be disclosed under Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

Note 32: There are no Intangible assets under development or whose completion is overdue or has exceeds its cost compared to its original plan.

Note 33: There is no proceedings have been initiated during the year or are pending against the company for holding benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder as at 31st March 2024.

Note 34: The company has not availed working capital / overdraft limits from Banks or financial institutions on the basis of security of current assets.

Note 35: The Company has not been declared as a willful defaulter by any bank or financial institutions or by any other lender.

Note 36: The Company has not borrowed any long term fund from the bank or financial institutions during the year.

Note 38:

There is no charge or satisfaction of charges is yet to be registered with the Registrar of Companies.

Note 39:

The Company has followed / complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rule 2017.

Note 40:

There is no scheme of arrangements has been approved by the competent authority in terms of section 230 to 237 (Corporate Restructuring) of the Companies Act 2013.

Note 41:

The company did not have any transactions relating to previously unrecorded income that have been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961. However, the company has been settled its income tax demand under the Vivad Se Vishwas Scheme on account of addition of share capital raised during the previous years.

Note 42: Details of CSR

The provision of the Companies Act, 2013 relating to CSR Initiatives are not applicable to the Company.

Note 43:

The company has not trade or invested Crypto currency or virtual currency during the financial year.

Note 44:

The company has not entered in any transactions with any struck off companies under section 248 of the Companies Act 2013 or section 560 of the Companies Act 1956.

Note 45:

The company has not borrowed any funds for the purpose of further lending, investment, guaranty or security to the third parties during the year. However the fund borrowed and utilized for lending, investment, guarantee or security to the third parties during the earlier previous years for short term purpose are partially outstanding as on 31st March 2024.

Note 46:

There are no material differences between the gross and net (WDV) carrying amounts of each class of assets, hence the reconciliation is not required.

Note 47: Important pronouncements

On March 24, 2021, the Ministry of Corporate Affairs ("MCA") through a notification amended Schedule III of the Companies Act, 2013. The amendments revise Division I, II and III of Schedule III and are applicable from April 1, 2021. Key amendments relating to Division II which relate to companies whose financial statements are required to comply with Companies (Indian Accounting Standards) Rules 2015 are:

Balance Sheet:

• Lease liabilities should be separately disclosed under the head ''financial liabilities'', duly distinguished as current or non-current.

• Certain additional disclosures in the statement of changes in equity such as changes in equity share capital due to prior period errors and restated balances at the beginning of the current reporting period.

• Specified format for disclosure of shareholding of promoters.

• Specified format for ageing schedule of trade receivables, trade payables, capital work-in-progress and intangible asset under development.

• If a company has not used funds for the specific purpose for which it was borrowed from banks and financial institutions, then disclosure of details of where it has been used.

• Specific disclosure under ''additional regulatory requirement'' such as compliance with approved schemes of arrangements, compliance with number of layers of companies, title deeds of immovable property not held in name of company, loans and advances to promoters, directors, key managerial personnel (KMP) and related parties, details of benami property held etc.

Statement of Profit and Loss:

• Additional disclosures relating to Corporate Social Responsibility (CSR), undisclosed income and crypto or virtual currency specified under the head ''additional information'' in the notes forming part of the standalone financial statements.

The amendments are extensive and the Company will evaluate the same to give effect to them as required by law.

Note 51: Other Notes to Accounts

i. In the opinion of the management, current assets, loans and advances and other receivables are approximately of the value stated, if realized in the ordinary course of business. The provisions of all known liability are ascertained, except for Trade Receivables. Since the receivables are dues for more than one year, we are not certain about the recoveries of the same. The Company is confident of receiving the dues and hence no contingency liabilities have been provided.

ii. Previous year figures have been restated to confirm the classification of the current year.

iii. Balances of Sundry Debtors, Unsecured Loans, and Sundry Creditors are Loans & Advances are subject to reconciliation, since conformations have not been received from them. Necessary entries will be passed on receipt of the same if required.

iv. We draw the attention of members that the Company is having investments in some of small cap illiquid stocks where either there is very thin trading or is no trading during the entire financial year. Even trading in some of these shares has been suspended by Stock Exchanges. The Company has valued these shares on last traded price on BSE.

v. The audited financial statement, valuation of the unquoted investment are subject to the further valuation by independent valuer, as per management explanation they are under process to carrying out fair valuation from registered valuer , these are shown its investment value.

vi. The company has not provided for Gratuity and Leave Encashment to Employees on accrual basis, which is not in conformity with AS-15 issued by ICAI. However, in the opinion of management the amount involved is negligible and has no impact on Statement of Profit & Loss.

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Mar 31, 2015

Equity shares

The Company has only one class of equity shares having a par value of Rs 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 proposed by the Board of Directors is subject to the approval of the shareholders In the ensuing Annual General Meeting. During the year ended 31 March 2015, the amount of per share dividend recognized as distribution to equity shareholders was Rs 0/- (Previous Year Rs 07-). in the event of liquidation of the Company, the holders of equity shares will be emitted to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

NOTE 1. SEGMENT INFORMATION:

The Company has Identified two reportable segmenis viz. consultation and whole sale trading. Segmenis have been identified and reported taking into account nature or product! and services, the deferring risks and returns and the internal business reporting systems. The accounting policies adopted are In line with the accounting policy of the company with following polders for segment reporting

a) Revenue and Expenses have been Identified to a segment on the basis of relationship to operating activities on the segment. Revenues and Expenses which relate to enterprise as a whole and are not allocable to a segment on reasonable basis have been disclosed as Un allocable"

b) Segment Assets and Segment Liabilities represent Assets and Abilities In respective segments. Investments, tax related assets and other assets and Abilities that cannot be allocated to a segment on reasonable basis have been disclosed as un allocable

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Mar 31, 2014

1.1 Contigent Liabilities

Contingent liabilities not provided for in the accounts are separately

2013-14 2012-13

shown in annual statement of accounts.

a) Claims against the company not acknowledge as dept NIL NIL

b) Uncalled liability on share partly paid up NIL NIL

c) Arrears of Fixed Cumulative Dividend NIL NIL

d) Estimated amount of contracts remaining tobe executed NIL NIL

on capital account & not provided for NIL NIL

e) Letter of Credit outstanding NIL NIL

f) Insurance claim New India Assurance Co. Limited 43913515 43913515

(ii) Rights, Preference and restrictions attaching to each class of shares Equity shares

The Company has only one class of equity shares having a par value of Rs 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 proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. During the yea r ended 31 March 2014, the amount of per share dividend recognized as distribution to equity shareholders was Rs 0/- (Previous Year Rs 0./-).

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. The distribution will be in proportion to t he number of equity shares held by the shareholders.

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Mar 31, 2013

Corporate Information

The company Is engaged In the business o( trading. The company It havng III Registered Otfke at 195, lit Floor. G.t.ftoad, Opp Red Cross Marvel, urnjI-132001 * Coroorate Otfke At to Delhi

Other Issues

The Company-! unit was dlstroyed In fire on 13/06/1001, The Insurance claim ol tht company wat repudiated by the Insurance Company. The Hon''Ne National Consumer has decided ihe case in favour of the company against whkh the Insurance company hit filed an appeal before Hon''bte Supreme Court Tht Company has been allowed SOW claim by the Supreme Court against tecurity, the same b shown as n on current liabilities as the matter It contingent and |ltsubjudiced. The same has not been adjusted against the Insurance daim receiveable account, tn Our opinion the Company thoutd have adjusted the insurance claim received aplnii the claimable amount and therefore, the (ion current assets and liabiljtet should have been reduced by the amount received from New India Assurance Co Limited.

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Mar 31, 2010

1. SEGMENT REPORTING

The Company recognizes manufacturing of Yarn as its only primary segment since its operations predominantly consists of manufacturing of Cotton, Blended & Polyster Yarn. Accordingly revenues from Manufacturing and sales of yarn comprises the primary basis of segmental information set out in these financial statements. However during the financial year the company has not carried out any activity due to non operation of its plant which was destroyed in major fire during F.Y 2002-03. The company has provided consultancy to Textiles Firms from where it has earned the income.

2. RELATED PARTY DISCLOSURES

The Company has transactions with the following related parties:

A. ASSOCIATES

a) Oswal Pumps Limited.

B. DIRECTORS: Sh.Rajev Gupta, Sh.Vivek Gupta

The transactions carried out with the persons and firms referred above are made at market price prevalent at that time. The transactions entered into were not in any way prejudicial to the interests of the Company.

3. In compliance with the accounting standard AS-22 "Accounting For Taxes on Income Issued by Company had accumulated deferred tax assets of Rs. 68.15 Lac as on 31.03.2009. For the current year the Company has deferred tax assets of Rs. 48.98 Lacs & the total deferred tax assets of Rs. 48.98 Lacs has been charged to reserves & surplus.

4. CONTINGENT LIABILITIES

Contingent liabilit not provided for in the accounts are separately shown in annual statement of accounts.

(Amt. in Lacs)

2009-10 2008-09 a) Claims against the company not NIL NIL

b) Uncalled liability on shares partly paid up NIL NIL

c) Arrears of Fixed Cumulative Dividend NIL NIL

d) Estimated amount of contracts NIL NIL remaining to be executed on capital account & not provided for

e) Sales Tax Exemption NIL NIL

f) Central Excise Duty 33.60 33.60

5. Previous year figures have been regrouped/reclassified wherever necessary.

6. The amount of Balance Sheet & Profit & Loss Account are rounded off to the nearest rupees.

7. Provision for income tax liability towards MAT has been made of Rs. 504/-in the F. Y.2009-10.

8. The Balances of the parties under the head Debtors, Creditors, and Loans & Advances are subject to confirmation.

9. No Board meeting fee charged by the Directors.

10. The Company has got an interim order from Honble National Consume Dispute Redressal Commission, New Delhi against New India Assurance Co. Ltd. for payment of pending insurance claim. The Insurance Company has filed an appeal before Honble Supreme Court against the said order. Matter is subjudiced Before Honble Supreme Court.

11. Additional Information pursuant to provisions of paragraph 3, 4C & 4D of Part II of Schedule VI of the companies Act,1956.

i) Particulars of Capacities, Production, Sales & Stocks.