Rehvar Infrastructure 2021 Annual Report.pdf

REHVAR INFRASTRUCTURE 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
REHVAR INFRASTRUCTURE
PRIVATE LIMITED
Corporate identity number U45201GJ2007PTC051458
Permanent account number of entity AADCR6843C
Address of registered office of company
23/A, SATYAKAM SOCIETY,
, NEAR KANCHANDEEP FLATS,
NEHRUNAGAR , AMBAWADI,
, Ahmedabad , GUJARAT ,
INDIA - 380015
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 02/11/2021
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)
2 3 /A, SATYAKAM S
O C I E T Y , N E A
R K A N C H A N D E E P
FLATS, NEHRUNAGAR ,
AMBAWADI
Name of city of place of maintenance of computer servers (storing
accounting data)
Ahmedabad
Name of state/ union territory of place of maintenance of
computer servers (storing accounting data)
Gujarat
Pin code of place of maintenance of computer servers (storing
accounting data)
380015
Name of district of place of maintenance of computer servers
(storing accounting data)
Ahmedabad
ISO country code of place of maintenance of computer servers
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) 9898123278

2
REHVAR INFRASTRUCTURE PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Disclosure of principal product or services [Table] ..(1)
Types of principal product or services [Axis] 1
01/04/2020
to
31/03/2021
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 7106
Description of product or service category
SILVR(INCLD SLVR PLTD
W T H
GOLD/PLTNM)UNWRGHT/IN
SEMI MNFCTRD FORM/IN
PWDR FORM
Turnover of product or service category 254,99,86,423
Highest turnover contributing product or service (ITC 8 digit) code 71061000
Description of product or service SILVER BAR
Unit of measurement of highest contributing product or service kilogram
Turnover of highest contributing product or service 254,99,86,423
[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 LAXMIPRASAD
Middle name of director RAMESHWARLAL
Last name of director CHAUDHARY
Designation of director Managing Director
Director identification number of director 00006278
Date of signing board report 02/11/2021

3
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
The Directors are
hopeful for better growth
of the Company in
Future.
Disclosure relating to amounts if any which is proposed to carry to any
reserves
Your directors regret
their inability to
propose to carry to any
r e s e r v e d u e t o
loss.
Disclosures relating to amount recommended to be paid as dividend
13. The amount,
i f a n y , w h i c h i t
recommends should be paid
b y w a y o f
d i v i d e n d ; Y o u r
directors regret their
inability to recommend
any dividend due to loss.
Details regarding energy conservation
[See below]
Details regarding technology absorption
[See below]
Details regarding foreign exchange earnings and outgo
D u r i n g t h e y e a r
under review, Earning and
Outgo in foreign currency
is nil.
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]
As Provided
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]
As Provided
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year
[TextBlock]
As Provided
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]
As Provided
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]
Not Applicable
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]
Not Applicable

4
Details regarding adequacy of internal financial controls with
reference to financial statements [TextBlock]
T h e
Board is of the opinion
that there exists
adequate internal
controls commensurate
with the size and
operations of the
Company.
Disclosure of contents of corporate social responsibility policy
[TextBlock]
Not Applicable
Disclosure of appointment and remuneration of managerial personnels
[TextBlock]
Not Applicable
Number of meetings of board [pure] 7

5
Disclosure in board of directors report explanatory [Text Block]
DIRECTORS’ REPORT
To,
The Members,
Your Directors have pleasure in presenting their 14thAnnual Report on the business and operations of the Company and the audited accounts
for the Financial Year ended March 31, 2021.
FINANCIAL HIGHLIGHTS
Particulars
2020-21
Rupees
2019-20
Rupees
Sales and Other Income 3545623838 7400280785
Net Profit/(Loss) before Depreciation, Finance Charge & Taxation 1077606049 2429805670
Finance Charge 1797104205 2460304113
Depreciation ------- -------
Profit /(Loss) for the year before taxation (719498157) (30498443)
Provision for taxation (including deferred tax provision) ------- -------
Profit /(Loss) for the year after taxation (719498157) (30498443)
Surplus/(Deficit) brought forward from previous year (28581808) 1916635
Profit /(Loss) carried to Balance Sheet (748079965) (28581808)

6
The Directors hope that coming years are very bright in respect of the business of the
Company.
1. Extract u/s 92: As provided under Section 92(3) of the Act, the extract of annual return is attached in Annexure -1 in the prescribed Form
MGT-9, which forms part of this report.
2. Number of meeting of Board of Directors:
PERIOD: 01/04/2020TO 31/03/2021
MONTH BOARD MEETINGS
MAY 23/05/2020
AUGUST 01/08/2020
SEPTEMBER 07/09/2020
OCTOBER 06/10/2020
DECEMBER 29/12/2020
FEBRUARY 08/02/2021

7
MARCH 24/03/2021
DIRECTORS’ ATTENDANCE
NAME OF DIRECTOR ATTENDANCE AT BOARD MEETING DURING 2020-21
LAXMIPRASAD RAMESHWARLAL CHOUDHARY 7
YOGESH RAMANLAL SHAH
7
3. Directors’ Responsibility Statement:/
The Directors’ Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 shall state that-
(a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to
material departures;
(b) the directors had selected such accounting policies and applied them consistently and made judgments and estimate that are reasonable
and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of
the company for that year;
(c) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
(d) the directors had prepared the annual accounts on a going concern basis;
(e) As the clause is applicable to the directors, in the case of a listed company, regarding internal financial controls to be followed by the
company and that such internal financial controls are adequate and are operating effectively;, being a private limited company clause is not
applicable though the Company has in place adequate internal financial controls with reference to financial statements.

8
(f) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were
adequate and operating effectively.
4. A statement on declaration given by independent directors under sub-section (6) of section 149:
As per provisions of sub-section (4) of Section 149 of The Companies Act, 2013,only listed companies and prescribed public
companies(according to rule 4,chapter XI,Companies (Appointment and qualification of Directors) Rules, 2014),shall be required to appoint
Independent Directors.
As the Company is Private Limited Company, not required to appoint Independent Directors, so there is no necessity of statement on
declaration by independent directors.
5.Company’s policy relating to directors appointment, payment of remuneration and discharge of their duties:
The provisions of Section 178(1) relating to constitution of Nomination and Remuneration Committee are not applicable to the Company and
hence the Company has not devised any policy relating to appointment of Directors, payment of Managerial remuneration, Directors
qualifications, positive attributes, independence of Directors and other related matters as provided under Section 178(3) of the Companies.
6. Statutory Auditors:
During the year under review M/s. Adwani Peshavaria & Co., Chartered Accountants, Ahmedabad (Firm Registration no.137123W) be and
is hereby appointed as Statutory Auditors of the Company and to hold office from the conclusion of 13th Annual General Meeting of the
company held in year 2020, till the conclusion of the 18th Annual General Meeting to be held in 2025, on a remuneration to be determined
by the Board of Directors of the Company.
They have confirmed that they are not disqualified from continuing as Auditors of the Company.
7. Auditor’s Report:

9
The Board has duly reviewed the Statutory Auditor’s Report on the Accounts. The observations and comments, appearing in the Auditor’s
report are self-explanatory and do not call for any further explanation / clarification by the board of directors under section 134(3) (f) of the
Companies Act, 2013 except for the Company has accumulated losses.
Comments on Observation of Auditor’s Report:
The Board of Directors has duly reviewed that Management is hopeful for exploring other business opportunities in the near future; hence
accounts have been prepared on a Going Concern Basis considering the positive net worth of the company.
8. Particulars of Loan, Guarantees or Investments under section 186:
The particulars of loans, guarantees and investments have been disclosed in the financial statements.
9. Particulars of Contracts or Arrangements with related parties under section 188:
All the related party transactions were entered by the Company in ordinary course of business and were in arm's length basis IF ANY. The
Company presents all related party transactions before the Board specifying the nature, value, and terms and conditions of the transaction.
Transactions with related parties are conducted in a transparent manner with the interest of the Company and Stakeholders as utmost priority.
During the year under review Company had not entered into any transactions with related parties which could be considered material in terms
of Section 188 of the Companies Act, 2013. Accordingly, the disclosure of related party transactions as required under Section 134(3)(h) of
the Companies Act, 2013 in Form AOC 2 is not applicable.
10. The state of the company’s affairs:
The Directors are hopeful for better growth of the Company in Future.
11.Share Capital:
The paid up Equity Share Capital as at March 31, 2021 stood at Rs. 1,00,000/-. During the year under review, the Company has not issued
shares with differential voting rights nor has granted any stock options or sweat equity.

10
12. The amounts, if any, which it proposes to carry to any reserves;
Your directors regret their inability to propose to carry to any reserve due to loss.
13. The amount, if any, which it recommends should be paid by way of dividend;
Your directors regret their inability to recommend any dividend due to loss.
14. Secretarial Audit Report:
Secretarial Audit is applicable to listed company and every public company having paid up share capital of Rs. 50 crore or more or having a
turnover of Rs. 250 crore or more, w.e.f. 01/04/2020, (vide notification dated January 03, 2020), it is also applicable for every company
having outstanding loans or borrowings from banks or public financial institutions of Rs. 100 crore or more.
Our Company does not meet the criteria of this new clause, so Secretarial Audit Report is not applicable to our Company.
15. Material Changes and Commitments, if any;
During the year under review, there is no material changes occurred between the end of the financial year of the company to which the
financial statements relate and the date of the report.
16.The conservation of energy, technology absorption, foreign exchange earnings and outgo:
As Company does not have any manufacturing Activities.A statement containing the information as per Section 134 (3) (m) of the
Companies Act 2013read with the Companies (Disclosure of particulars in the Report of Board of Directors) Rules, 1988 is not appended.
During the year under review, Earning and Outgo in foreign currency is nil.
17. Risk Management:

11
The Company does not have any Risk Management Policy as the element of risk threatening the Company’s existence is very minimal.
18. Corporate Social Responsibility:
As per section 135 of the Companies Act, 2013, read with rule 8(1) of the Companies (Corporate Social Responsibility Policy) Rules, 2014,
this section is not applicable to our company.
19. Internal Audit:
During the year under review, It is observed from Annual Financial Statement for preceding financial year, that the company is eligible
company & qualifying under section 138 of the Companies Act, 2013 to appoint the Internal Auditor for the year 2020-21. M/s Chintan V
Janani & Co. Chartered Accountants, Firm Registration No. ( 154933W) appointed as an Internal Auditor of the company to cover
the areas required to be audited as detailed in the exhibit placed before the Board.
20. Formal Annual Evaluation:
Formal Annual Evaluation is applicable to listed company and other public company having paid up share capital of Rs.25 crore or more. So
attachment of formal annual evaluation of performance of the Board and its individual directors are not required.
21. Subsidiary, Joint venture And Associate Company :
The Company has no Subsidiary, Joint Venture and Associate Company, so FORM AOC-1 is not required for the Company.
22. Other Disclosure:
(i) the change in nature of business, if any; N.A
(ii)the details of directors or key managerial personnel who were appointed or have resigned during the year;
Change the designation of director:

12
During the year under review and up to the date of report, the designation of Mr. Laxmiprasad Rameshwarlal Chaudhary, Din: (00006278),
has changed from director to Managing Director w.e.f. 01/04/2021 with approval of Board of Directors.
(iii) details of deposits as per chapter V of the Act; N.A.
(iv)The Board is of the opinion that there exists adequate internal controls commensurate with the size and operations of the Company.
(v) the details of significant or material orders passed by the regulators/court/tribunal impacting going concern status and company’s
operations in future; N.A.
(vi)the names of companies which have become or ceased to be its Subsidiaries, joint ventures or associate companies during the year; N.A.
(vii) the change in object of the company;
During the year under review and up to the date of report, to append following sub clause (2) after sub clause (1)(A) in the Main Object
Clause of the Memorandum of Association of Company:
(2)To carry on the business of buying, selling, reselling, importing, exporting, transporting, storing, developing, promoting, marketing or
supplying, trading, dealing in any manner whatsoever in all type of goods, merchandise and services of all grades, specifications,
descriptions, applications, modalities, fashions, including by-products, spares or accessories thereof, on retail as well as on wholesale basis in
India or elsewhere.
23. Prevention of Sexual Harassment at Workplace:
As per the requirement of The Sexual Harassment of Women at Workplace (Prevention, Prohibition &Redressal) Act, 2013 read with rules
made thereunder, your Company has constituted Internal Complaints Committee which is responsible for redressal of complaint related to
sexual harassment. During the year under review, there were no complaints pertaining to sexual harassment.
24. Maintenance of Cost Records:
Maintenance of Cost Records as specified by the Central Government under sub-section (1) of Section 148 of the Companies Act, 2013, is
not required by the Company and accordingly such accounts and records are not made and maintained.
25. Personnel:

13
The particulars of employees as required by Rule 5 of Companies (Appointment and Remuneration of Managerial Personnel) Amendment
Rules, 2016 are not given, as no employee is in receipt of remuneration Rs. 1,02,00,000 or more in a year or Rs. 8,50,000 or more per month.
26. Acknowledgement:
An acknowledgement to all with whose help, cooperation and hard work the Company is able to achieve the results.
Place: Ahmedabad For on behalf of the Board
Date: 02/11/2021
_______________________
Laxmiprasad Chaudhary
Managing Director
(DIN: 00006278)
Details regarding energy conservation
16.The conservation of energy, technology absorption, foreign exchange earnings and outgo: As Company does not have any
manufacturing Activities.A statement containing the information as per Section 134 (3) (m) of the Companies Act 2013read with the
Companies (Disclosure of particulars in the Report of Board of Directors) Rules, 1988 is not appended.
Details regarding technology absorption
16.The conservation of energy, technology absorption, foreign exchange earnings and outgo: As Company does not have any
manufacturing Activities.A statement containing the information as per Section 134 (3) (m) of the Companies Act 2013read with the
Companies (Disclosure of particulars in the Report of Board of Directors) Rules, 1988 is not appended.

14
Disclosures in director’s responsibility statement
. Directors’ Responsibility Statement:/ The Directors’ Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134
shall state that- (a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper
explanation relating to material departures; (b) the directors had selected such accounting policies and applied them consistently and made
judgments and estimate that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of
the financial year and of the profit and loss of the company for that year; (c) the directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for
preventing and detecting fraud and other irregularities; (d) the directors had prepared the annual accounts on a going concern basis; (e) As
the clause is applicable to the directors, in the case of a listed company, regarding internal financial controls to be followed by the company
and that such internal financial controls are adequate and are operating effectively;, being a private limited company clause is not applicable
though the Company has in place adequate internal financial controls with reference to financial statements. (f) the directors had devised
proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating
effectively.
Details of material changes and commitment occurred during period affecting financial position of company
15. Material Changes and Commitments, if any; During the year under review, there is no material changes occurred between the end of
the financial year of the company to which the financial statements relate and the date of the report.
Particulars of loans guarantee investment under section 186 [Text Block]
Particulars of Loan, Guarantees or Investments under section 186:
The particulars of loans, guarantees and investments have been disclosed in the financial statements.

15
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
9. Particulars of Contracts or Arrangements with related parties under section 188:
All the related party transactions were entered by the Company in ordinary course of business and were in arm's length basis IF ANY. The
Company presents all related party transactions before the Board specifying the nature, value, and terms and conditions of the transaction.
Transactions with related parties are conducted in a transparent manner with the interest of the Company and Stakeholders as utmost priority.
During the year under review Company had not entered into any transactions with related parties which could be considered material in terms
of Section 188 of the Companies Act, 2013. Accordingly, the disclosure of related party transactions as required under Section 134(3)(h) of
the Companies Act, 2013 in Form AOC 2 is not applicable.

16
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
FORM NO.
MGT-9
EXTRACT OF
ANNUAL
RETURN
As on the
financial year
ended on
31/03/2021
[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:
i)
CIN
:
U45201GJ2007PTC051458
ii)
Registration
Date
06/08/2007
iii)
Name of the
Company
REHVAR
INFRASTRUCTURE
PRIVATE LIMITED
iv) a) Category of the Company
COMPANY LIMITED BY
SHARES

17
b) Sub-Category of the Company INDIAN
NON-GOVERNMENT
COMPANY
v) Address of the Registered office and contact details
23/A, SATYAKAM
SOCIETY, NEAR
KANCHANDEEP FLATS,
NEHRUNAGAR ,
AMBAWADI- 380015
vi)
Whether listed
company
No
vii)
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:-
Sr. No. Name and Description of main Products / Services
NIC
Code of
the
Product/
Services
% to
total
turnover
of the
Company
1 Wholesale of Metals 46620 96.30%
1 Other non-specialised wholesale trade n.e.c. 46909 3.70%
* As per NIC Code 2004
III.
PARTICULARS
OF HOLDING,
SUBSIDIARY
AND
ASSOCIATE
COMPANIES -

18
Sr. No. Name And Address of the Company CIN/GLN
Holding/
Subsidiary/
Associate
% of
Shares
held
--- --- --- --- ---
IV. SHARE HOLDING PATTERN
(Equity Share Capital Breakup as
percentage of Total Equity)
A. Category-wise Share Holding
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. Promoters
(1) Indian
a). Individual/HUF ----- 10000 10000 100% ----- 10000 10000 100% -----
b).Central Govt ----- -----
-----
----- ----- -----
-----
----- -----
c). State Govt (s) ----- -----
-----
----- ----- -----
-----
----- -----

19
d).Bodies Corp. ----- -----
-----
----- ----- -----
-----
----- -----
e).Banks / FI ----- -----
-----
----- ----- -----
-----
----- -----
f). Any Other - ----- -----
-----
----- ----- -----
-----
----- -----
Sub-total (A) (1):- ----- 10000 10000 100% ----- 10000 10000 100% -----
(2) Foreign
a) NRIs - Individuals ----- -----
-----
----- ----- -----
-----
----- -----
b) Other – Individuals ----- -----
-----
----- ----- -----
-----
----- -----
c) Bodies Corp. -----
-----
----- -----
-----
----- -----
d) Banks / FI ----- -----
-----
----- ----- -----
-----
----- -----
e) Any Other…. ----- -----
-----
----- ----- -----
-----
----- -----
Sub-total (A) (2):- ----- -----
-----
----- ----- -----
-----
----- -----
Total shareholding of Promoter (A) =
(A)(1)+(A)(2)
----- 10000 10000 100% ----- 10000 10000 100% -----
B. Public Shareholding
1. Institutions

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a) Mutual Funds
NOT
APPLICABLE
b) Banks / FI
c) Central Govt
d) State Govt(s)
e) Venture Capital Funds
f) Insurance Companies
g) FIIs
h) Foreign Venture Capital Funds
i) Others (specify)
Sub-total(B)(1):- ----- -----
-----
----- ----- -----
-----
----- -----
2. Non-Institutions
a) Bodies Corp.
i) Indian
ii) Overseas
b) Individuals
i) Individual shareholders holding
nominal share capital upto Rs. 1
lakh
----- -----
-----
----- ----- -----
-----
----- -----
ii) Individual shareholders holding
nominal share capital in excess of Rs 1
lakh
----- -----
-----
----- ----- -----
-----
----- -----
c) Others ----- -----
-----
----- ----- -----
-----
----- -----

21
(specify)
Sub-total(B)(2):- ----- -----
-----
----- ----- -----
-----
----- -----
Total Public Shareholding(B)=
(B)(1)+(B)(2)
----- -----
-----
----- ----- -----
-----
----- -----
C. Shares held by Custodian for GDRs
& ADRs
----- -----
-----
----- ----- -----
-----
----- -----
Grand Total (A+B+C) ----- 10000 10000 100% ----- 10000 10000 100% -----
B.Shareholding of
Promoters
Sr No.
Shareholder’s
Name
Shareholding
at the
beginning of
the year
Shareholding
at the end of
the year
%
change
in
share
holding
during
the
year
No. of Shares
% of
total
Shares of
the
Company
% of Shares Pledged
/ encumbered to total
shares
No. of
Shares
% of
total
Shares of
the
Company
% of Shares
Pledged /
encumbered
to total
shares
1
Laxmiprasad
Choudhary
5000 50% ----- 5000 50% ----- -----
2
Yogesh Ramanlal
Shah
5000 50% ----- 5000 50% -----
Total 5000 100% ----- 10000 100% ----- -----

22
C. Change in
Promoters’
Shareholding ( please
specify, if there is no
change)
Sr. No.
Shareholder’s
Name
Shareholding
at the
beginning of
the year
Change in
Shareholding
(No. of Shares)
Share
holding
at the
end of
the year
No. of Shares
% of
total
Shares of
the
Company
Increase Decrease
No. of
Shares
% of total
Shares of
the
Company
NO CHANGE
CUMULATIVE
SHAREHOLDING
D. Shareholding
Pattern of top ten
Shareholders (other
than Directors,
Promoters and Holders
of GDRs and ADRs):
Sr. No.
Shareholder’s
Name
Shareholding
at the
beginning of
the year
Change in
Shareholding
(No. of Shares)
Share
holding
at the
end of
the year
No. of Shares
% of
total
Shares of
the
Company
Increase Decrease
No. of
Shares
% of total
Shares of
the
Company
NOT
APPLICABLE
CUMULATIVE
SHAREHOLDING

23
E.Shareholding of
Directors and Key
Managerial Personnel:
Sr. No.
For each of the
Directors and
KMP
Shareholding
at the
beginning of
the year
Change in
Shareholding
(No. of Shares)
Share
holding
at the
end of
the year
No. of Shares
% of
total
Shares of
the
Company
Increase Decrease
No. of
Shares
% of total
Shares of
the
Company
1
Laxmiprasad
Choudhary
5000 50% ---- ---- 5000 50%
2 Yogesh Shah 5000 50% ---- ---- 5000 50%
CUMULATIVE
SHAREHOLDING
10000 100% ---- ---- 10000 100%
VI. REMUNERATION OF
DIRECTORS AND KEY
MANAGERIAL PERSONNEL
A. Remuneration to Managing
Director, Whole-time Directors
and/or Manager:
Sr. No. Particulars of Remuneration
Name of
MD/WTD/Manager
Total
Amount

24
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, please specify ---- ---- ----
Total (A) ---- ---- ----
Ceiling as per the Act ---- ---- ----
B. Remuneration to other directors:
Sr. No. Particulars of Remuneration Name of Directors
Total
Amount
1 Independent Directors

25
· Fee for attending board / committee
meetings
----- -----
· Commission ----- -----
· Others, please specify ----- -----
Total (1)
2 Other Executive Directors
· Fee for attending board / committee
meetings
----- -----
· Commission ----- -----
· Others-remuneration ----- -----
Total (2) ----- -----
Total (B)=(1+2) ----- -----
Total Managerial Remuneration Overall
Ceiling as per the Act
----- -----
C. Remuneration to Key Managerial
Personnel other than
MD/WTD/Manager
Sr. No. Particulars of Remuneration
Key Managerial
Personnel
CEO
Company
Secretary
CFO Total
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)

26
Income-tax Act, 1961 ----- ----- ----- -----
2 Stock Option ----- ----- ----- -----
3 Sweat Equity ----- ----- ----- -----
4 Commission
- as % of profit ----- ----- ----- -----
-others, specify… ----- ----- ----- -----
5 Others, please specify ----- ----- ----- -----
Total ----- ----- ----- -----
VII. PENALTIES /
PUNISHMENT/
COMPOUNDING OF
OFFENCES:
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 ----- ----- ----- ----- -----
Punishment ----- ----- ----- ----- -----
Compounding ----- ----- ----- ----- -----
B.DIRECTORS
Penalty ----- ----- ----- ----- -----

27
Punishment ----- ----- ----- ----- -----
Compounding ----- ----- ----- ----- -----
C.OTHER OFFICERS IN
DEFAULT
Penalty ----- ----- ----- ----- -----
Punishment ----- ----- ----- ----- -----
Compounding ----- ----- ----- ----- -----
_________________________ _________________
Laxmiprasad Chaudhary Yogesh Ramanlal Shah
MANAGING DIRECTOR DIRECTOR
(DIN:00006278) (DIN:00103586)

28
Disclosure of financial summary or highlights [Text Block]
FINANCIAL HIGHLIGHTS
Particulars
2020-21
Rupees
2019-20
Rupees
Sales and Other Income 3545623838 7400280785
Net Profit/(Loss) before Depreciation, Finance Charge & Taxation 1077606049 2429805670
Finance Charge 1797104205 2460304113
Depreciation ------- -------
Profit /(Loss) for the year before taxation (719498157) (30498443)
Provision for taxation (including deferred tax provision) ------- -------
Profit /(Loss) for the year after taxation (719498157) (30498443)
Surplus/(Deficit) brought forward from previous year (28581808) 1916635
Profit /(Loss) carried to Balance Sheet (748079965) (28581808)

29
[400200] Disclosures - Auditors report
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]
Auditor's
favourable remark
[Member]
Clause not
applicable
[Member]
01/04/2020
to
31/03/2021
01/04/2020
to
31/03/2021
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Disclosure in auditors report relating to fixed assets
) The Company
does not have any
fixed assets,
accordingly the
provisions of
paragraph 1 (a) to
(c) of the Order are
not applicable.
Disclosure in auditors report relating to inventories
Textual information
(10) [See below]
Disclosure in auditors report relating to loans
Textual information
(11) [See below]
Disclosure in auditors report relating to compliance with Section 185 and 186 of
Companies Act, 2013
Textual information
(12) [See below]
Disclosure in auditors report relating to deposits accepted
Textual information
(13) [See below]
Disclosure in auditors report relating to maintenance of cost records
Textual information
(14) [See below]
Disclosure in auditors report relating to statutory dues [TextBlock]
Textual information
(15) [See below]
Disclosure relating to regularity in payment of undisputed statutory dues
[TextBlock]
Textual information
(16) [See below]
Disclosure relating to disputed statutory dues [TextBlock]
Textual information
(17) [See below]
Disclosure in auditors report relating to default in repayment of financial dues
Textual information
(18) [See below]
Disclosure in auditors report relating to public offer and term loans used for
purpose for which those were raised
Textual information
(19) [See below]
Disclosure in auditors report relating to fraud by the company or on the
company by its officers or its employees reported during period
Textual information
(20) [See below]
Disclosure in auditors report relating to managerial remuneration
Textual information
(21) [See below]
Disclosure in auditors report relating to Nidhi Company
In our opinion, the
Company is not a
Nidhi Company and
the Nidhi Rules,
2014 are not
applicable to it.
Accordingly, the
provisions of
Clauses 3 (xii) of
the Order are not
applicable
Disclosure in auditors report relating to transactions with related parties
Textual information
(22) [See below]
Disclosure in auditors report relating to preferential allotment or private
placement of shares or convertible debentures
Textual information
(23) [See below]
Disclosure in auditors report relating to non-cash transactions with directors
or persons connected with him
Textual information
(24) [See below]
Disclosure in auditors report relating to registration under section 45-IA of
Reserve Bank of India Act, 1934
Textual information
(25) [See below]

30
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
A D W A N I
PESHAVARIA
AND CO
Name of auditor signing report
D H A V A L
VINODBHAI
PESHAVARIA
Firms registration number of audit firm 137123W
Membership number of auditor 147712
Address of auditors
A/428, SUMEL
BUSINESS PARK
3, OPP NEW
CLOTH MARKET,
KANKARIA R O A
D , AHMEDABAD
Permanent account number of auditor or auditor's firm AAYFA5090N
SRN of form ADT-1 R42457135
Date of signing audit report by auditors 02/11/2021
Date of signing of balance sheet by auditors 02/11/2021
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 Yes
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks
No
Disclosure in auditors report relating to inventories
The physical verification of inventory, including stocks with third parties, have been conducted at reasonable intervals by the management
during the year. In respect of inventory lying with third parties, these have substantially been confirmed by them. The discrepancies noticed
in physical verification of inventory as compared to book records were not material. The company carries out its business activities through
back to back sales and purchase with their parties in such circumstances it does not hold any physical inventory. Accordingly the provisions
of paragraph 3 (ii) of the Order are not applicable.
Disclosure in auditors report relating to loans
According to the information and explanation given to us and the records produced to us for our verification, the company has not granted
loans, secured or unsecured to companies, firms, Limited Liability Partnerships or other parties covered in the register maintained under
section 189 of the Companies Act, 2013. Accordingly, the provisions of paragraph 3 (iii) (a) to (c) of the Order are not applicable.
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013
According to the information and explanations given to us and representations made by the Management, the Company has not granted any
loans or provided any guarantees or securities to the parties covered under Section 185 of the Act. The Company has complied with the
provisions of Section 186 of the Act in respect of grant of loans.

31
Disclosure in auditors report relating to deposits accepted
The Company has not accepted any deposits from the public and hence the directives issued by the Reserve Bank of India and the
provisions of Sections 73 to 76 or any other relevant provisions of the Act and the Companies (Acceptance of Deposit) Rules, 2015 with
regards to the deposits accepted from the public are not applicable.
Disclosure in auditors report relating to maintenance of cost records
(vi) The maintenance of Cost Records has not been specified by the Central Government under sub-section (1) of Section 148 of the
Act, in respect of the activities carried on by the company.
Disclosure in auditors report relating to statutory dues [Text Block]
According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts
deducted/ accrued in the books of account in respect of undisputed statutory dues including income tax, Goods and Service Tax and other
material statutory dues have generally been regularly deposited during the year by the Company with the appropriate authorities. As
explained to us, the Company did not have any dues on account of employees’ state insurance, sales tax, service tax, duty of customs, value
added tax, cess, provident fund and duty of excise.
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]
) According to the information and explanations given to us, no undisputed amounts payable in respect of statutory dues as referred above
were in arrears as at 31 March 2021 for a period of more than six months from the date they became payable.
Disclosure relating to disputed statutory dues [Text Block]
According to the records of the Company and representations made by the Management, there are no statutory dues as mentioned in
paragraph 3(vii)(a) which have not been deposited on account of any dispute.
Disclosure in auditors report relating to default in repayment of financial dues
The Company has not taken any loan either from banks, financial institutions or from the government and has not issued any debentures.
Accordingly, the provisions of paragraph 3(viii) of the Order are not applicable

32
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
(vi) Based upon the audit procedures performed and the information and explanations given by the management, the company has not
raised moneys by way of initial public offer or further public offer including debt instruments and Term Loans.
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
(vi) During the course of our examination of the books and records of the company, carried out in accordance with the generally
accepted auditing practice in India, and according to the information and explanation given to us, we have neither come across any instance
of fraud on or by the company, noticed or reported during the year, nor have we been informed of any such case by the management.
Disclosure in auditors report relating to managerial remuneration
(vi) 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.
Disclosure in auditors report relating to transactions with related parties
(xiii) As per information and explanation given to us and on the basis of our examination of the records of the Company, all the transaction
with related parties are in compliance with section 177 and 188 of Companies Act 2013 and all the details have been disclosed in financial
statements as required by the applicable Accounting Standards.
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
According to the information and explanations given to us and on the basis of our examination of the records, the Company has not made any
preferential allotment or private placement or not issued any debenture during the year under review. Accordingly, the provisions of
paragraph 3(xiv) of the Order are not applicable.
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him
According to the information and explanations given to us and on the basis of our examination of the records, Company has not entered into
any non-cash transactions with any director or any person connected with him. Accordingly, the provisions of Clauses 3(xv) of the Order are
not applicable to the Company.
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, 1934
Based on our examination of the financial statements of the company and as per the information and explanations given to us, company is
not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the provisions of Clauses 3(xvi) of
the Order are not applicable to the Company.

33
Disclosure in auditor’s report explanatory [Text Block]
INDEPENDENT AUDITOR’S REPORT
To the Members of Rehvar Infrastructure Private Limited
Report on the Financial Statements
Opinion
We have audited the accompanying Financial Statements of Rehvar Infrastructure Private Limited (“the Company”), which comprise the
Balance Sheet as at 31st March 2021, the Statement of Profit and Loss and the Cash Flow Statement for the year then ended and notes to the
financial statements, including a summary of significant accounting policies and other explanatory information (herein after referred to as
“Financial Statements”)
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid Financial Statements give the
information required by the Companies Act, 2013 (“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, its Losses and Cash Flows for
the year ended on that date.

34
Basis for Opinion
We conducted our audit of the Financial Statements in accordance with the Standards on Auditing 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
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 (ICAI) together with the independence requirements that are relevant to our audit of the Financial
Statements under the provisions of the Companies Act, 2013 and the Rules made there under and we have fulfilled our other ethical
responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our audit opinion on these Financial Statements.
Management’s Responsibility for the 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 and presentation of these Financial Statements that give a true and fair view of the financial position and financial
performance of the Company in accordance with the accounting principles generally accepted in India, including the applicable Accounting
Standards prescribed under section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014.
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
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
Independent Auditor’s Report (Continued)
RE: Rehvar Infrastructure Private Limited
Statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the 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.

35
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the 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 financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit.
We also:
Identify and assess the risks of material misstatement of the 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 Act, 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.
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 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, structure and content of the Financial Statements, including the disclosures, and whether the Financial
Statements represent the underlying transactions and events in a manner that achieves fair presentation.

36
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.
Other Matters
· We draw attention note No. 22 of the Financial Statements which indicates that the company has accumulated losses. However, the
accompanying financial statements have been prepared under the going concern assumption considering the mitigating factors. Our opinion
on the Financial Statements and our report on Other Legal and Regulatory Requirements below, is not modified in respect of the above
matters with respect to our reliance on the work done and the reports of the other auditors.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor’s Report) Order, 2016 (“the Order”) issued by the Central Government of India in terms of
sub-section (11) of section 143 of the Act, we give in “Annexure A” statement on the matters specified in the paragraph 3 and 4 of the Order,
to the extent applicable.
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 and the Cash Flow Statement 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 Rule 7 of the Companies (Accounts) Rules, 2014.
(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.

37
(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 Financial Statements disclose the impact of pending litigations on the financial position of the Company – Refer Note 19 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;
iv. 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
For, Adwani Peshavaria & Co.
Chartered Accountants
Place: Ahmedabad Firm Reg. No. 137123W
Date: 2nd November, 2021

38
Dhaval V Peshavaria
Partner
Membership No. 147712
UDIN: 21147712AAAAHB1665
Annexure - A to The Independent Auditor’s Report
(Referred to in Paragraph 1 under ‘Report on Other Legal and Regulatory Requirements’ section of our Report of even date)
The Annexure referred to in our Independent Auditor’s Report to the members of the Company on the financial statements for the year
ended 31st March 2021, we report that:
(i) (a) The Company does not have any fixed assets, accordingly the provisions of paragraph 1 (a) to (c) of the Order are not
applicable.
(ii) The physical verification of inventory, including stocks with third parties, have been conducted at reasonable intervals by the
management during the year. In respect of inventory lying with third parties, these have substantially been confirmed by them. The
discrepancies noticed in physical verification of inventory as compared to book records were not material. The company carries out its
business activities through back to back sales and purchase with their parties in such circumstances it does not hold any physical inventory.
Accordingly the provisions of paragraph 3 (ii) of the Order are not applicable.
(iii) According to the information and explanation given to us and the records produced to us for our verification, the company has not
granted loans, secured or unsecured to companies, firms, Limited Liability Partnerships or other parties covered in the register maintained
under section 189 of the Companies Act, 2013. Accordingly, the provisions of paragraph 3 (iii) (a) to (c) of the Order are not applicable.
(iv) According to the information and explanations given to us and representations made by the Management, the Company has not granted
any loans or provided any guarantees or securities to the parties covered under Section 185 of the Act. The Company has complied with the
provisions of Section 186 of the Act in respect of grant of loans.

39
(v) The Company has not accepted any deposits from the public and hence the directives issued by the Reserve Bank of India and the
provisions of Sections 73 to 76 or any other relevant provisions of the Act and the Companies (Acceptance of Deposit) Rules, 2015 with
regards to the deposits accepted from the public are not applicable.
(vi) The maintenance of Cost Records has not been specified by the Central Government under sub-section (1) of Section 148 of the
Act, in respect of the activities carried on by the company.
(vii) (a) According to the information and explanations given to us and on the basis of our examination of the records of the Company,
amounts deducted/ accrued in the books of account in respect of undisputed statutory dues including income tax, Goods and Service Tax and
other material statutory dues have generally been regularly deposited during the year by the Company with the appropriate authorities. As
explained to us, the Company did not have any dues on account of employees’ state insurance, sales tax, service tax, duty of customs, value
added tax, cess, provident fund and duty of excise.
(b) According to the information and explanations given to us, no undisputed amounts payable in respect of statutory dues as referred above
were in arrears as at 31 March 2021 for a period of more than six months from the date they became payable.
Annexure - A to The Independent Auditor’s Report (Continued)
(c) According to the records of the Company and representations made by the Management, there are no statutory dues as mentioned in
paragraph 3(vii)(a) which have not been deposited on account of any dispute.
(viii) The Company has not taken any loan either from banks, financial institutions or from the government and has not issued any
debentures. Accordingly, the provisions of paragraph 3(viii) of the Order are not applicable.
(ix) Based upon the audit procedures performed and the information and explanations given by the management, the company has not
raised moneys by way of initial public offer or further public offer including debt instruments and Term Loans.
(x) During the course of our examination of the books and records of the company, carried out in accordance with the generally
accepted auditing practice in India, and according to the information and explanation given to us, we have neither come across any instance
of fraud on or by the company, noticed or reported during the year, nor have we been informed of any such case by the management.
(xi) According to the information and explanations given to us and on the basis of our examination of the records of the Company,

40
though managerial remuneration has been paid/ provided, the Company being a private limited company, provisions of Section 197 read with
(xii) In our opinion, the Company is not a Nidhi Company and the Nidhi Rules, 2014 are not applicable to it. Accordingly, the provisions of
Clauses 3 (xii) of the Order are not applicable.
(xiii) As per information and explanation given to us and on the basis of our examination of the records of the Company, all the transaction
with related parties are in compliance with section 177 and 188 of Companies Act 2013 and all the details have been disclosed in financial
statements as required by the applicable Accounting Standards.
(xiv) According to the information and explanations given to us and on the basis of our examination of the records, the Company has not
made any preferential allotment or private placement or not issued any debenture during the year under review. Accordingly, the provisions
of paragraph 3(xiv) of the Order are not applicable.
(xv) According to the information and explanations given to us and on the basis of our examination of the records, Company has not entered
into any non-cash transactions with any director or any person connected with him. Accordingly, the provisions of Clauses 3(xv) of the Order
are not applicable to the Company.
Annexure - A to The Independent Auditor’s Report (Continued)
(xvi) Based on our examination of the financial statements of the company and as per the information and explanations given to us,
company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the provisions of Clauses

41
3(xvi) of the Order are not applicable to the Company.
Dhaval V Peshavaria
Partner
Annexure - B to The Independent Auditor’s Report
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 Rehvar Infrastructure Private Limited (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.

42
In our opinion, the company is not having any defined SOP to manage its operations. Accordingly, there are some limitations in the control
aspects of financial reporting. In our opinion, except for the possible effects of the this material weakness, the company has maintained in all
material respects, an adequate internal financial controls over financial reporting and such internal financial controls over financial reporting
were operating effectively as of 31st March 2021 based on the internal financial controls over financial reporting criteria established by the
company considering the essential components of internal financial controls 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.
Annexure - B to The Independent Auditor’s Report (Continued)
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.

43
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.

44
Dhaval V Peshavaria
Partner
[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

45
[100100] Balance sheet
31/03/2021 31/03/2020
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 1,00,000 1,00,000
Reserves and surplus -74,80,79,965 -2,85,81,808
Total shareholders' funds -74,79,79,965 -2,84,81,808
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 0 0
Other long-term liabilities 7,24,32,810 7,24,32,810
Long-term provisions 0 0
Total non-current liabilities 7,24,32,810 7,24,32,810
Current liabilities [Abstract]
Short-term borrowings 1,645,57,88,223 23,90,00,000
Trade payables (A) 50,40,776
0
Other current liabilities 7,16,31,499
(B) 1,870,03,43,239
Short-term provisions 0 0
Total current liabilities 1,653,24,60,498 1,893,93,43,239
Total equity and liabilities 1,585,69,13,343 1,898,32,94,241
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 0 0
Intangible assets 0 0
Total fixed assets 0 0
Non-current investments 0 0
Long-term loans and advances 7,19,26,740 137,84,30,761
Total non-current assets 7,19,26,740 137,84,30,761
Current assets [Abstract]
Current investments 992,50,00,000 993,11,37,420
Inventories 0 0
Trade receivables 20,82,751 49,600
Cash and bank balances 4,42,11,017 0
Short-term loans and advances 580,71,65,229 755,34,97,120
Other current assets 65,27,606 12,01,79,340
Total current assets 1,578,49,86,603 1,760,48,63,480
Total assets 1,585,69,13,343 1,898,32,94,241
Footnotes
(A) The Company has not received intimation from many suppliers regarding their status under Micro, Small and Medium Enterprise
Development Act, 2006. Further, there are no Micro and Small enterprise to whom company owes dues, which are outstanding for
more than 45 days as on 31st March, 2021. This information is required to be disclosed under the said Act, has been determined to
the extent such parties have been identified on the basis of information available with the company
(B) "Temporary Book Overdraft includes Rs. 17,82,83,74,306/- being temporary overdrawn balance in current account with
Scheduled Bank, which has been subsequently cleared on 3rd April, 2020."

46
[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 YOGESH LAXMIPRASAD
Middle name of director RAMANLAL RAMESHWARLAL
Last name of director SHAH CHAUDHARY
Designation of director DIRECTOR Managing Director
Director identification number of director 00103586 00006278
Date of signing of financial statements by director 02/11/2021 02/11/2021

47
[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 -71,94,98,157 -3,04,98,443
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 179,71,01,282 246,03,04,113
Other adjustments to reconcile profit (loss) (A) -99,34,63,954 (B) -242,98,46,130
Total adjustments to profit (loss) 80,36,37,328 3,04,57,983
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in trade receivables -20,33,150 -49,600
Adjustments for decrease (increase) in other current assets 3,54,51,980 -1,89,59,217
Adjustments for increase (decrease) in trade payables 50,40,776 0
Adjustments for increase (decrease) in other current liabilities -1,800,28,24,318 1,846,51,61,883
Total adjustments for working capital -1,796,43,64,712 1,844,61,53,066
Total adjustments for reconcile profit (loss) -1,716,07,27,384 1,847,66,11,049
Net cash flows from (used in) operations -1,788,02,25,541 1,844,61,12,606
Net cash flows from (used in) operating activities before extraordinary
items
-1,788,02,25,541 1,844,61,12,606
Net cash flows from (used in) operating activities -1,788,02,25,541 1,844,61,12,606
Cash flows from used in investing activities [Abstract]
Other cash receipts from sales of equity or debt instruments of other
entities (C) 65,60,316 (D) 4,40,00,000
Other cash payments to acquire equity or debt instruments of other
entities
(E) 0
(F) 997,50,00,000
Interest received 107,12,40,811 242,97,08,710
Net cash flows from (used in) investing activities before extraordinary
items
107,78,01,127 -750,12,91,290
Net cash flows from (used in) investing activities 107,78,01,127 -750,12,91,290
Cash flows from used in financing activities [Abstract]
Proceeds from borrowings (G) 1,926,96,24,135 (H) -849,21,49,493
Interest paid 242,29,88,704 246,03,04,113
Net cash flows from (used in) financing activities before extraordinary
items
1,684,66,35,431 -1,095,24,53,606
Net cash flows from (used in) financing activities 1,684,66,35,431 -1,095,24,53,606
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
4,42,11,017 -76,32,290
Net increase (decrease) in cash and cash equivalents 4,42,11,017 -76,32,290
Cash and cash equivalents cash flow statement at end of period 4,42,11,017 0 76,32,290
Footnotes
(A) Interest Income : -993041058 Capital Gain on Mutual Funds : -422896
(B) Interest Income : -2429708710 Capital Gain on Mutual Funds : -137420
(C) Proceeds from Mutual Funds : 6137420 Gain on Sale of Mutual Fund : 422896
(D) Proceeds from Mutual Funds : 44000000 Gain on Sale of Mutual Fund : 0
(E) Investments in Debentures : 0 Investments in Perpetual Debt : 0 Investments in Mutual Funds : 0
(F) Investments in Debentures : 9675000000 Investments in Perpetual Debt : 250000000 Investments in Mutual Funds : 50000000
(G) Proceeds from Short Term Borrowings (Net) : 16216788223 Proceeds from Long Term Loans(Net) : 1306504020 Short term
loans & Advances : 1746331892
(H) Proceeds from Short Term Borrowings (Net) : -841000000 Proceeds from Long Term Loans(Net) : -97652373 Short term loans
& Advances : -7553497120

48
[200100] Notes - Share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Classes of share capital [Axis] Equity shares [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
31/03/2021 31/03/2020 31/03/2021 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]
Number of shares held in company [shares] 5,000 [shares] 5,000 [shares] 5,000 [shares] 5,000
Disclosure of shareholding more than five per cent in company [Table] ..(2)
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [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 shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share
EQUITY SHARE
CAPITAL
EQUITY SHARE
CAPITAL
EQUITY SHARE
CAPITAL
EQUITY SHARE
CAPITAL
Name of shareholder
Laxmiprasad
Chaudhary
Laxmiprasad
Chaudhary
Yogesh Ramanlal
Shah
Yogesh Ramanlal
Shah
PAN of shareholder AAFPC7454B AAFPC7454B ADBPS7420E ADBPS7420E
Country of incorporation or residence of
shareholder
INDIA INDIA INDIA INDIA
Number of shares held in company [shares] 5,000 [shares] 5,000 [shares] 5,000 [shares] 5,000
Percentage of shareholding in company 50.00% 50.00% 50.00% 50.00%

49
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] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares authorised 1,00,000 1,00,000 1,00,000 1,00,000
Number of shares issued [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares issued 1,00,000 1,00,000 1,00,000 1,00,000
Number of shares subscribed and fully paid [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares subscribed and fully paid 1,00,000 1,00,000 1,00,000 1,00,000
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] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Total value of shares subscribed 1,00,000 1,00,000 1,00,000 1,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
Value of shares called 1,00,000 1,00,000 1,00,000 1,00,000
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 1,00,000 1,00,000 1,00,000 1,00,000
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

50
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] 10,000 [shares] 10,000 [shares] 10,000 [shares] 10,000
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 1,00,000 1,00,000 1,00,000 1,00,000
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] 0 [shares] 0 [shares] 0 [shares] 0
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 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
Aggregate number of shares bought back during
last five years

51
Original paid-up value of forfeited shares 0 0 0 0
Terms of securities convertible into
equity/preference shares issued along with
earliest date of conversion in descending order
starting from farthest such date [TextBlock]
Textual information
(27) [See below]
Textual information
(28) [See below]
Textual information
(29) [See below]
Textual information
(30) [See below]
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

52
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] 10,000 [shares] 10,000
Value of shares authorised 1,00,000 1,00,000
Number of shares issued [shares] 10,000 [shares] 10,000
Value of shares issued 1,00,000 1,00,000
Number of shares subscribed and fully paid [shares] 10,000 [shares] 10,000
Value of shares subscribed and fully paid 1,00,000 1,00,000
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] 10,000 [shares] 10,000
Total value of shares subscribed 1,00,000 1,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 10,000 [shares] 10,000
Value of shares called 1,00,000 1,00,000
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 1,00,000 1,00,000
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] 10,000 [shares] 10,000
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

53
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 1,00,000 1,00,000
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] 0 [shares] 0
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 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
Terms of securities convertible into equity/preference shares issued
along with earliest date of conversion in descending order starting from
farthest such date [TextBlock]
Textual information
(31) [See below]
Textual information
(32) [See below]
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

54
Terms of securities convertible into equity/preference shares issued along with earliest date of conversion in
descending order starting from farthest such date [Text Block]
Terms/ rights attached to equity shares
a. 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.
b. 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.

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