Independent Auditor’s Report

To the Members of,

SURYA NIRMAL INFRASTRUCTURE PRIVATE LIMITED

Report on the Financial Statements

We have audited the accompanying financial statements of SURYA NIRMAL INFRASTRUCTURE

PRIVATE LIMITED (“the Company”) which comprise the Balance Sheet as at March 31, 2018,
the Statement of Profit and Loss, Cash Flow Statement for the year then ended, and a summary
of significant accounting policies and other explanatory information.

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 of these financial statements
that give a true and fair view of the financial position, financial performance and cash flows of
the Company in accordance with the accounting principles generally accepted in India, including
the Accounting Standards specified 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 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
statements that give a true and fair view and are free from material misstatement, whether due
to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit.

We have taken into account the provisions of the Act, the accounting and auditing standards
and matters which are required to be included in the audit report under the provisions of the
Act and the Rules made there under.

We conducted our audit in accordance with the Standards on Auditing specified under Section
143(10) of the Act. Those Standards require that we comply with ethical requirements and plan
and perform the audit to obtain reasonable assurance about whether the financial statements
are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and the
disclosures in the financial statements. 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. In making those risk assessments, the auditor
considers internal financial control relevant to the Company’s preparation of the financial
statements that give a true and fair view in order to design audit procedures that are
Appropriate in the circumstances, but not for the purpose of expressing an opinion on whether
the Company has in place an adequate internal financial controls system over financial reporting
and the operating effectiveness of such controls. An audit also includes evaluating the
appropriateness of the accounting policies used and the reasonableness of the accounting
estimates made by the Company’s Directors, as well as evaluating the overall presentation of
the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our audit opinion on the financial statements

Opinion

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 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, 2018, and its
Profit/Loss and its Cash Flow for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor’s Report) Order, 2017 (“the Order”), as amended,
issued by the Central Government of India in terms of sub-section (11) of section 143 of the
Act, , since in our opinion and according to the information and explanations given to us,
they said order is not applicable to the company.

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 purpose 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 written representations received from the directors as on March 31,
2017 taken on record by the Board of Directors, none of the directors is disqualified as
on March 31, 2018 from being appointed as a director in terms of Section 164 (2) of the
Act.
 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 A”.

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 Company does not have any pending litigations which would impact its financial
position.

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.

For and on behalf of

MOHINDRA & ASSOCIATES
Chartered Accountants
FRN NO. – 001406N

RAJEEV KAMAL BITTU

Partner
Membership No.: 402994
Place: Ranchi
Date: 10.09.2018
 “Annexure A” to the Independent Auditor’s Report of even date on the Standalone
Financial Statements of SURYA NIRMAL INFRASTRUCTURE PRIVATE LIMITED

Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of

Section 143 of the Companies Act, 2013 (“the Act”)

We have audited the internal financial controls over financial reporting of SURYA NIRMAL
INFRASTRUCTURE PRIVATE LIMITED (“the Company”) as of March 31, 2018 in conjunction
with our audit of the financial statements of the Company for the year ended on that date.

Management’s Responsibility 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 Internal 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.

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.

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.

Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial
controls system over financial reporting and such internal financial controls over financial
reporting were operating effectively as at March 31, 2016, 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 “.

For and on behalf of

MOHINDRA & ASSOCIATES
Chartered Accountants
FRN NO. – 001406N

RAJEEV KAMAL BITTU

Partner
Membership No.: 402994
Place: Ranchi
Date: 10.09.2018
 SURYA NIRMAL INFRASTRUCTURE PRIVATE LIMITED
Eastern Mall, Near Dangara Toli Chowk,Circular Road, Lalpur, Ranchi, Jharkhand-834009
Mail: rkbittu@yahoo.com
CIN: U45200JH2009PTC013757

Dear Members,

SURYA NIRMAL INFRASTRUCTURE PRIVATE LIMITED

Your Directors have pleasure in presenting the Annual Report together with the Audited
Statement of Accounts of your Company for the Year ended March 31, 2018.

1. FINANCIAL RESULTS
The Company’s financial performance, for the year ended March 31, 2018:
(Rs.)
Particulars Year ended Year ended
31st March 2018 31st March 2017
Turnover 40932635.03 47029734.62
Profit Before Tax (1873434.89) (2029718.38)
Less: Current Tax 000 0.00
Deferred Tax 0.00 0.00
Income Tax earlier years 0.00 0.00
Profit For The Year (1873434.89) (2029718.38)
Add: Balance in Profit and Loss Account 0.00 0.00
Sub Total 0.00 0.00
Less: Appropriation 0.00 0.00
Adjustment relating to Fixed Assets 0.00 0.00
Transferred to General Reserve 0.00 0.00
Closing Balance (1873434.89) (2029718.37)

2. STATE OF AFFAIRS

1. The Company is engaged in the business of Print and Publishing.

2. There has been no change in the business of the Company during the financial year ended
31st March, 2018.
The highlights of the Company’s performance are as under:-

• Revenue from operations decreased by Rs. 156283.49 from Rs. 2029718.38 to

Rs. 1873434.89.

• Net loss for the year Rs. 1873434.89.

3. DIVIDEND

In view of the planned business growth, your Directors deem it proper to preserve the
resources of the Company for its activities and therefore, do not propose any dividend for
the Financial Year ended March 31, 2018.

4. DETAILS OF SUBSIDIARY, JOINT VENTURE OR ASSOCIATE COMPANIES

The Company does not have any Subsidiary, Joint Venture or Associate Company.

5. INTERNAL FINANCIAL CONTROL

The Company has in place adequate internal financial controls with reference to financial
statements. During the year, such controls were tested and no reportable material
weakness in the design or operation was observed.

6. DIRECTORS AND KEY MANAGERIAL PERSONNEL (KMP)

There has been no change in the constitution of Board during the year under review i.e. the
structure of the Board remains the same.

In view of the applicable provisions of the Companies Act, 2013, the Company is not
mandatorily required to appoint any whole time KMPs.

7. AUDITOR

Statutory Auditors

The Auditors, M/s Mohindra & Associates, Chartered Accountants, (Firm Registration No.
001406N), hold office until the conclusion of the 31st March 2018 Annual General Meeting.
The Directors recommended that M/s Mohindra & Associates. Chartered Accountants, be
ratified as the Statutory Auditors of the Company at the forthcoming Annual General
Meeting of the Company to hold office till the conclusion of the next Annual General
Meeting of the Company.

8. BOARD’S COMMENT ON THE AUDITORS’ REPORT

The observations of the Statutory Auditors, when read together with the relevant notes to
the accounts and accounting policies are self explanatory and do not calls for any further
comment.

9. MEETINGS OF BOARD OF DIRECTORS

Four Board Meetings were held during the Financial Year ended March 31, 2018.

10. PARTICULARS OF LOANS AND INVESTMENT

The Company has not made any Investment, given guarantee and securities under section
186 of Companies Act, 2013.

11. EXTRACT OF ANNUAL RETURN

 The extract of Annual Return in Form No. MGT-7 as required under Section 92 of the
Companies Act, 2013 for the financial year ending March 31, 2018 is annexed hereto as
Annexure A and forms part of this report.

12. CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES

ll related party transactions that were entered into during the financial year ended 31st
March, 2016 were on an arm’s length basis and were in the ordinary course of business.
Therefore, the provisions of Section 188 of the Companies Act, 2013 were not attracted.
Further, there are no materially significant related party transactions during the year
under review made by the Company with Promoters, Directors, or other designated
persons which may have a potential conflict with the interest of the Company at large.
Thus, disclosure in Form AOC-2 is not required. However, the disclosure of transactions
with related party for the year, as per Accounting Standard -18 Related Party Disclosures is
given in Note to the Balance Sheet as on 31stMarch, 2018.

14. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE

EARNINGS & OUTGO:

A. Conservation of Energy, Technology Absorption

Conservation of energy is of utmost significance to the Company. Operations of the Company

are not energy intensive. However, every effort is made to ensure optimum use of energy by
using energy- efficient computers, processes and other office equipment.
Constant efforts are made through regular/ preventive maintenance and upkeep of existing
electrical equipment to minimize breakdowns and loss of energy.
The Company is continuously making efforts for induction of innovative technologies and
techniques required for the business activities

B. Foreign Exchange earnings and Outgo

Earnings Nil
Outgo Nil

15. RISK MANAGEMENT POLICY

Risk Management is the process of identification, assessment and prioritization of risks

followed by coordinated efforts to minimize, monitor and mitigate/control the probability
and/or impact of unfortunate events or to maximize the realization of opportunities. The
Company has laid down a comprehensive Risk Assessment and Minimization Procedure which
is reviewed by the Board from time to time. These procedures are reviewed to ensure that
executive management controls risk through means of a properly defined framework. The
major risks have been identified by the Company and its mitigation process/measures have
been formulated in the areas such as business, project execution, event, financial, human,
environment and statutory compliance.

16. GENERAL

Your Directors state that no disclosure or reporting is required in respect of the following
items as there were no transactions on these items during the year under review:

1. Details relating to deposits covered under Chapter V of the Companies Act, 2013.
 2. Issue of shares (including sweat equity shares) to employees of the Company under any
scheme.
3. The Company has no subsidiary and neither the Managing Director nor the Whole-time
Directors of the Company receive any remuneration or commission from any of its
subsidiaries.
4. No significant or material orders were passed by the Regulators or Courts or Tribunals
which impact the going concern status and Company’s operations in future.
5. CSR is not applicable on the Company.

17. PREVENTION OF SEXUAL HARASSMENT AT WORKPLACE

The Company is committed to provide a safe and conducive work environment to its
employees. During the year under review.

Your Directors further state that during the year under review, there were no cases filed
pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013.

18. DEPOSITS

The Company has not accepted any deposits during the year under review.

19. TRANSFER TO RESERVE:

The Company proposes to transfer a sum of Rs Nil to General Reserve during the financial year
ended 31st March, 2018

20. MATERIAL CHANGES AND COMMITMENTS

No material changes and commitments affecting the financial position of the Company
occurred between the end of the financial year to which this financial statement relates and
the date of this report

21. CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Company has not developed and implemented any Corporate Social Responsibility
initiatives as the said provision are not applicable.
22. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS,
COURTS AND TRIBUNALS

No significant and material order has been passed by the regulators, courts, tribunals
impacting the going concern status and Company’s operations in future.

23. DIRECTOR’S RESPONSIBILITY STATEMENT

Pursuant to Section 134(3) (c) of the Companies Act, 2013 the Board of Directors of the
Company confirms that-

a) In the preparation of the annual accounts for the year ended March 31, 2018 , the
applicable accounting standards read with requirements set out under Schedule III to the
Act, have been followed and there are no material departures from the same.
 b) The Directors have selected such accounting policies and applied them consistently and
made judgments and estimates that are reasonable and prudent so as to give a true and fair
view of the state of affairs of the Company as at March 31,2018 and of the profit of the
Company for the year ended on that date.

c) The Directors have taken proper and sufficient care for the maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding the assets
of the Company and for preventing and detecting fraud and other irregularities.

d) The Directors have prepared the annual accounts on a 'going concern' basis.

e) The Company being unlisted, sub clause (e) of section 134(3) of the Companies Act, 2013
pertaining to laying down internal financial controls is not applicable to the Company.

f) The Directors have devised proper systems to ensure compliance with the provisions of all
applicable laws and that such system are adequate and operating effectively.

24. ACKNOWLEDGMENT

Your Directors would like to express their sincere appreciation for the assistance and co-
operation received from the banks, Government authorities, customers, vendors and
members during the year under review. Your Directors also wish to place on record their
deep sense of appreciation for the committed services by the Company’s executives, staff
and workers.

For and on behalf of the Board

RAFTAAR MEDIA PRIVATE LIMITED

SD/- SD/-
(SURYABHANSINGH ) (SATNAM SINGH )
(Director) (Director)
DIN-02624581 DIN:02624584

SD/-
(PRADIP KUMAR)
(DIRECTOR)
DIN:02624555

Dated: 25/08/2018
Place: Ranchi
 SURYA NIRMAL INFRASTRUCTURES PRIVATE LIMITED
Eastern Mall, Near Dangara Toli Chowk,Circular Road, Lalpur, Ranchi
BALANCE SHEET AS AT 31ST MARCH 2018
(Amount in Rs. )
Figures for the Figures for the
current reporting previous reporting
Particulars Note No. period as at
period as at
31/03/2018 31/03/2017

I EQUITY AND LIABILITIES

(i) Shareholder's Fund
(a) Share Capital 2.1 10,000,000.00 10,000,000.00
(b) Reserves and Surplus 2.2 7,380,404.78 5,502,722.94
(c) Money received against Share Warrants

(ii) Share Application Money Pending Allotment 2.3 - -

(iii) Non Current Liabilities

(a) Long Term Borrowings 2.4 - -
(b) Deferred Tax Liabilities (Net) 2.5 - -
(c) Other Long Term Liabilities 2.6 46,023,660.95 32,068,194.54
(d) Long Term Provisions 2.7 - -

(iv) Current Liabilities

(a) Short Term Borrowings 2.8 600,000.00 2,487,500.00
(b) Trade Payables 2.9 6,536,128.65 3,859,058.46
(c) Other Current Liabilities 2.10 1,295,764.00 140,000.00
(d) Short Term Provisions 2.11 - 703,801.00

TOTAL 71,835,958.38 54,761,276.94

II ASSETS
(i) Non Current Assets
(a) Fixed Assets 2.12
- Tangible Assets 28,313.01 28,313.01
- Intangible Assets - -
- Capital Work In Progress - -
- Intangible Assets Under
- -
Development
(c) Deferred Tax Assets (Net) 2.14
(d) Long Term Loans and Advances 2.15 7,596,570.75 6,186,688.75
(e) Other Non Current Assets 2.16 - -

(ii) Current Assets

(a) Current Investments 2.17 5,095,000.00 5,095,000.00
(b) Inventories 2.18 - -
 (c) Trade Receivables 2.19 53,833,440.42 42,319,370.24
(d) Cash and Cash Equivalents 2.20 4,570,968.41 967,949.94
(e) Short Term Loans and Advances 2.21 711,665.79 163,955.00
(f) Other Current Assets 2.22 - -

TOTAL 71,835,958.38 54,761,276.94

Significant Accounting Policies and Notes to Accounts 1 to 7

As per our report of even date.

FOR MOHINDRA & ASSOCIATES
Chartered Accountants For Surya Nirmal Infrastructure Private Limited
(F.R.N.-001406N)

Sd- sd- sd-

(Rajeev Kamal Bittu) Suryabhan Singh Satnam singh

Partner Director Director

M.No. 402994
Place: Ranchi
Date: 10/09/2018
 SURYA NIRMAL INFRASTRUCTURE PRIVATE LIMITED
Eastern Mall, Near Dangara Toli Chowk,Circular Road, Lalpur, Ranchi
STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED ON 31ST MARCH 2018

(Amount in Rs.) (Amount in Rs.)

Figures for the Figures for the
current reporting previous reporting
Particulars Note No. period ended on period ended on
31/03/2018 31/03/2017

I Revenue from Operations 3.1 40,932,635.03 47,029,734.62

II Other Income 3.2 84.58 -
III Total Revenue (I+II) 40,932,719.61 47,029,734.62
IV Expenses
(a) Cost of Materials Consumed 3.3 - -
(b) Purchase of Stock in Trade - -
(c) Changes in inventories of Finished Goods, Work in Progress
3.4 - -
and Stock in Trade
(d) Manufacturing and Other Direct Expenses 3.5 19,962,180.42 19,931,777.00
(e) Employee Benefit Expenses 3.6 9,439,519.00 8,706,825.00
(f) Finance Costs 3.7 22,320.34 6,523.00
(g) Depreciation and Amortization Expenses 3.8 - 4,996.41
(h) Administrative and Other Expenses 3.9 9,631,018.01 16,349,894.80
Total Expenses 39,055,037.77 45,000,016.21
V
Profit before Exceptional and Extraordinary items and Tax (III-IV) 1,877,681.84 2,029,718.41

VI Exceptional Items
VII Profit before Extraordinary items and Tax (V-VI) 1,877,681.84 2,029,718.41
VIII Extraordinary Items - -
IX Profit Before Tax (VII-VIII) 1,877,681.84 2,029,718.41
X Tax Expense
(a) Current Tax - -
(b) Deferred Tax 3.10
XI
Profit / (Loss) for the period from Continuing Operations (IX-X) 1,877,681.84 2,029,718.41

XII Profit / (Loss) from Discontinuing Operations

XIII Tax Expense of Discontinuing Operations
XIV
Profit / (Loss) from Discontinuing Operations after Tax (XII-XIII) - -

XV Profit / (Loss) for the period (XI+XIV) 1,877,681.84 2,029,718.41

XVI Earnings Per Equity Share
(a) Basic
(b) Diluted

Significant Accounting Policies and Notes to Accounts

1 to 7
As per our report of even date.
MOHINDRA AND ASSOCIATES
CHARTERED ACCOUNTANTS
(F.R.N.-001406N)

Sd-
(Rajeev Kamal Bittu) sd- sd-
Partner Suryabhan Singh Satnam singh
M.No. 402994 Director Director

Place: Ranchi
Date:10-09-2018
 SURYA NIRMAL INFRASTRUCTURES PRIVATE LIMITED
Eastern Mall, Near Dangara Toli Chowk,Circular Road, Lalpur, Ranchi

NOTES TO ACCOUNTS FOR THE YEAR ENDED ON 31ST MARCH 2018

1. Significant Accounting Policies:

1.1 General

Accounting Policies not specifically referred to otherwise are consistent and in consonance with generally accepted accounting
principles and mandatory accounting standards issued by the Institute of Chartered Accountants of India.

1.2 Basis of Accounting

The financial statements are prepared in accordance with the relevant presentation requirements of the Revised Schedule III of the
Companies Act, 2014 under the Historical cost convention on the basis of going concern and accrual unless otherwise stated.

1.3 Tax on Income

Current tax is determined as the amount of tax payable in respect of taxable income for the period.

2. Notes referred to in the Balance Sheet are as follows:

2.1 Share Capital (Amount in `)
Particulars As at 31/03/2018 As at 31/03/2017
(i) Authorized Capital
200000 Equity shares of 100 Each 20,000,000.00 20,000,000.00
(ii) Issued, Subscribed and Paid Up Capital
100000 Equity shares of 100 Each, fully paid up 10,000,000.00 10,000,000.00

Total 10,000,000.00 10,000,000.00

Reconciliation of the number of shares outstanding at the beginning and at the end of the reporting period:
Particulars As at 31/03/2018 As at 31/03/2017
(i) Equity Shares
No. of Equity Shares at the beginning of reporting period 100,000 100,000
Add: No. of Equity Shares issued during the period - -
Less: No. of Equity Shares bought back during the period
No. of Equity Shares at the end of the reporting period 100,000 100,000

List of the shareholders holding more than five percent of shares in the company as at the Balance Sheet date:
As at 31/03/2018 As at 31/03/2017
Names of the shareholder
No. of Shares in %age No. of Shares in %age
Surya Bhan Singh Share Capital A/c 20,000 20.00% 20,000 20.00%
Arun Kumari Rai Share Capital A/c 32,000 32.00% 32,000 32.00%
Pradip Kumar Share Capital A/c 3,000 3.00% 3,000 3.00%
Mithilesh Kumar Singh Share Capital A/c 10,000 10.00% 10,000 10.00%
Satnam Singh Share Capital A/c 35,000 35.00% 35,000 35.00%
100,000 100.00% 100,000 100.00%

Particulars As at 31/03/2018 As at 31/03/2017

(ii) Aggregate number of Equity Shares bought back during the

-
period of Five years immediately preceding the Balance Sheet
2.2 dateSurplus
Reserves and (Amount in `)
 Particulars As at 31/03/2018 As at 31/03/2017
(i) Capital Reserve/General Reserve/Other Reserve (Specify)
Opening Balance 918,892.53 918,892.53
Add: Appropriation during the period - -
Less: Written back during the period - -
Closing Balance 918,892.53 918,892.53
(ii) Securities Premium Reserve
Opening Balance - -
Add: Appropriation during the period - -
Less: Written back during the period - -
Closing Balance - -
(iii) Surplus
Opening Balance 4,583,830.41 2,554,112.03
Add: Profit for the year as per Statement of Profit & Loss 1,877,681.84 2,029,718.38
Total Profit available for Appropriation 6,461,512.25 4,583,830.41
Add: Transfer from Reserves - -
Less: Transfer to Reserves - -
Less: Proposed Dividend - -
Closing Balance 6,461,512.25 4,583,830.41
Grand Total 7,380,404.78 5,502,722.94

2.3 Share Application Money Pending Allotment - -

2.4 Long Term Borrowings (Amount in `)

Particulars As at 31/03/2018 As at 31/03/2017
(i) Term Loans
(a) From Banks
- Secured
- Unsecured
(b) From Other Parties
- Secured
- Unsecured
(a) From Banks
- Secured
- Unsecured
(b) From Other Parties
- Secured
- Unsecured
(ii) Other Long Term Loans
(a) From Directors
(b) From Shareholders
(c) From Director's Relatives
Total - -

2.5 Deferred Tax Liabilities (Net) (Amount in `)

Particulars As at 31/03/2018 As at 31/03/2017
(i) Deferred Tax Liabilities
- For Depreciation
WDV as at Balance Sheet date as per Companies Act
WDV as at Balance Sheet date as per Income Tax Act
Timing Difference - -
Deferred Tax Liability @ 25.75% - -
(ii) Deferred Tax Assets
- For Gratuity Provision
 - For Bonus Provision
Timing Difference - -
Deferred Tax Asset @ 30.90% - -
Deferred Tax Liabilities (Net) - -

2.6 Other Long Term Liabilities (Amount in `)

Particulars As at 31/03/2018 As at 31/03/2017
Advance Against Flat Booking 46,023,660.95 32,068,194.54
Loans & advances - -
Total 46,023,660.95 32,068,194.54

2.7 Long Term Provisions (Amount in `)

Particulars As at 31/03/2018 As at 31/03/2017
Provision for Gratuity - -
Provision for Other Employee Benefits - -
Other Long Term Provisions - -
Total - -

2.8 Short Term Borrowings (Amount in `)

Particulars As at 31/03/2018 As at 31/03/2017
(i) Advances from pantaloon
(a) Secured
(b) Unsecured 600,000.00 2,487,500.00
Total 600,000.00 2,487,500.00
2.9 Trade Payables (Amount in `)
Particulars As at 31/03/2018 As at 31/03/2017
Sundry creditors 6,536,128.65 3,859,058.46
Total 6,536,128.65 3,859,058.46

2.10 Other Current Liabilities (Amount in `)

Particulars As at 31/03/2018 As at 31/03/2017
Short term loan
Audit fee payable 86,730.00 140,000.00
Accounting Charges Payable 120,000.00 -
EPF Payable 23,109.00 -
ESIC Payable 12,734.00 -
Outstanding Expenses 720,562.00 -
Salary Outstanding 332,629.00 -
Advances From Customers - -
Total 1,295,764.00 140,000.00

2.11 Short Term Provisions (Amount in `)

Particulars As at 31/03/2018 As at 31/03/2017
Provision for Tax - 703,801.00
Other Provision - -
Total - 703,801.00

#####
 NOTES TO ACCOUNTS FOR THE YEAR ENDED ON 31ST MARCH 2018

2.12 Non Current assets

(Amount in Rs.) (Amount in Rs.)
Particulars As at 31/03/2018 As at 31/03/2017
I Fixed assets
(a) Tangible assets 28,313.01 33,309.42
Less :- Depriciation - 4,996.41
Sub-Total 28,313.01 28,313.01

2.13 Non Current Investments

Particulars As at 31/03/2018 As at 31/03/2017
I Trade Investments - -
(a) Investment in Property - -
(b) Investment in Equity Instruments
(c) Investment in Preference Shares
(d) Investment in Government or Trust Securities
(e) Investment in Debentures or Bonds
(f) Investment in Mutual Funds
(g) Investment in Partnership Firms
(h) Other Non Current Investments (Specify
II Other Investments - -
Grand Total - -

Additional disclosures related to Non Current Investments as per requirement of Revised Schedule VI:
(Amount in `)
Relation / Name of All the
Particulars Partners with their Capital As at 31/03/2018 As at 31/03/2017
Balance and Share in Profit
Investment in Equity Instruments
(a) Name of the Company Whether - -
(b) Name of the Company Joint Venture/N.A.
Investment in Preference Shares
(a) Name of the Company Whether
(b) Name of the Company Joint Venture/N.A.
Investment in Debentures or Bonds
(a) Name of the Company Whether
(b) Name of the Company Joint Venture/N.A.
Name of Share in Capital
Investment in Partnership Firms
Partners Profit Balance
(a) Name of the Firm

(b) Name of the Firm

 Classification of Non Current Investments
Market Value As Book Value As at Book Value As at
Particulars
at 31/03/2018 31/03/2018 31/03/2017
(a)
Aggregate amount of Quoted
Investments and market value thereof
(b) Aggregate amount of Unquoted
N.A.
Investments
(c)
Aggregate Provision for Diminution
N.A.
in value of Investments

2.14 Deferred Tax Assets (Net)

Particulars As at 31/03/2018 As at 31/03/2017
(i) Deferred Tax Assets
- For Gratuity Provision
- For Bonus Provision
Timing Difference - -
Deferred Tax Asset @ 30.90% - -
(ii) Deferred Tax Liabilities
- For Depreciation
WDV as at Balance Sheet date as per Companies Act
WDV as at Balance Sheet date as per Income Tax Act
Timing Difference - -
Deferred Tax Liability @ 30.90% - -
Deferred Tax Assets (Net) - -

2.15 Long Term Loans and Advances (Amount in Rs.)

Particulars As at 31/03/2018 As at 31/03/2017
(i) Loans & Advances
(a) Secured
(b) Unsecured 2,596,570.75 1,186,688.75
(a) Secured - -
(b) Unsecured - -
(a) Chetak deal pvt ltd. 5,000,000.00 5,000,000.00
Total 7,596,570.75 6,186,688.75

2.16 Other Non Current Assets (Amount in Rs.)

Particulars As at 31/03/2018 As at 31/03/2017
(i) Preliminary Expenses
Opening Balance - -
Less: Amortization during the period - -
Closing Balance - -
(ii) Pre Operative Expenses
Opening Balance
Add: Pre Operative Expenses incurred during the
-
-
-
Less: Amortization during the period
 Closing Balance - -
(iii) Other Miscellaneous Expenses to the extent Unamortized
(iv) Other Non Current Assets (Specify Nature)
Total - -

2.17 Current Investments (Amount in Rs.)

Particulars As at 31/03/2018 As at 31/03/2017
I Trade Investments
(a) Advances from site
Harmu site 5,095,000.00 5,095,000.00
Bariyatu site -
Grand Total 5,095,000.00 5,095,000.00

Additional disclosures related to Current Investments as per requirement of Revised Schedule VI:
(Amount in `)
Relation / Name of All the
Particulars Partners with their Capital As at 31/03/2018 As at 31/03/2017
Balance and Share in Profit
Investment in Equity Instruments
(a) Name of the Company Whether
(b) Name of the Company Joint Venture/N.A.
Investment in Preference Shares
(a) Name of the Company Whether
(b) Name of the Company Joint Venture/N.A.
Investment in Debentures or Bonds
(a) Name of the Company Whether
(b) Name of the Company Joint Venture/N.A.
Name of Share in Capital
Investment in Partnership Firms
Partners Profit Balance
(a) Name of the Firm

(b) Name of the Firm

Classification of Current Investments

Market Value As Book Value As at Book Value As at
Particulars
at 31/03/2018 31/03/2018 31/03/2017
(a)
Aggregate amount of Quoted
Investments and market value thereof
(b) Aggregate amount of Unquoted
N.A.
Investments
(c)
Aggregate Provision for Diminution
N.A.
in value of Investments
2.18 Inventories (Amount in Rs.)
Particulars As at 31/03/2018 As at 31/03/2017
Raw Materials - -
Work in Progress -
Finished Goods - -
Total - -

2.19 Trade Receivables (Amount in Rs.)

Particulars As at 31/03/2018 As at 31/03/2017
(a) Secured
(b) Unsecured, Considered Good
(c) Unsecured, Considered Doubtful
Less: Provision for Doubtful Debts -
Trade Receivables due
(i) Sundry Receivable
(a) Secured
(b) Unsecured, Considered Good 53,833,440.42 42,319,370.24
(c) Unsecured, Considered Doubtful
Less: Provision for Doubtful Debts -
(a) Secured
(b) Unsecured, Considered Good
(c) Unsecured, Considered Doubtful
Less: Provision for Doubtful Debts -

Total 53,833,440.42 42,319,370.24

2.20 Cash and Cash Equivalents (Amount in Rs.)

Particulars As at 31/03/2018 As at 31/03/2017
Bank Balance 1,331,473.50 778,189.94
Cash in Hand 3,239,494.91 189,760.00
Total 4,570,968.41 967,949.94

2.21 Short Term Loans and Advances (Amount in Rs.)

Particulars As at 31/03/2018 As at 31/03/2017
(i) Advances recoverable in cash or kind - -
(ii) Balance with Revenue Authorities - -
(a) VAT Credit Receivable - -
(b) CENVAT Credit Receivable - -
(c) Advance Tax 350,000.00
(d) TDS Receivable 361,665.79 163,955.00
(e) Income Tax Refundable - -
(c) Unsecured, Considered Doubtful
Less: Provision for Doubtful Loans -
- -
Total 711,665.79 163,955.00

2.22 Other Current Assets (Amount in Rs.)

Particulars As at 31/03/2018 As at 31/03/2017
Accrued Income
Other Receivables (Current)
Total - -
3. Notes referred to in the Statement of Profit and Loss are as follows:

3.1 Revenue from Operations (Amount in Rs.)

For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
Sale of Products 30,668,000.00 30,549,339.28
Sale of Services 10,264,635.03 16,480,395.34
Sale of Scrap
Other Operating Revenues
Sub-Total 40,932,635.03 47,029,734.62
Less: Excise Duty
Total 40,932,635.03 47,029,734.62

3.2 Other Income (Amount in Rs.)

For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
Interest Income accured -
Rent Income
Dividend Income
Profit / (Loss) on sale of Fixed Assets / Investments
Net Gain / (Loss) on Foreign Exchange
Other Indirect Income (Net of expenses directly attributable) 84.58
Total 84.58 -

3.3 Cost of Materials Consumed (Amount in Rs.)

For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
(i) Raw Materials
Opening Stock -
Add: Purchase during the period - -
Less: Closing Stock
Raw Materials Consumed - -
(ii) Packing Materials
Opening Stock
Add: Purchase during the period
Less: Closing Stock
Packing Materials Consumed - -
Total Cost of Materials Consumed - -

3.4 Changes in inventories of Finished Goods, Work in Progress and Stock in Trade (Amount in Rs.)
For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
(i) Raw Materials
Opening Stock -
Less: Closing Stock
(Increase) / Decrease in Inventory - -
(ii) Work in Progress
Opening Stock - -
Less: Closing Stock - -
(Increase) / Decrease in Inventory - -
(iii) Stock in Trade
Opening Stock -
Less: Closing Stock
(Increase) / Decrease in Inventory - -
Total (Increase) / Decrease in Inventory - -
3.5 Manufacturing and Other Direct Expenses (Amount in Rs.)
For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
Construction work expenses 19,962,180.42 19,931,777.00
Other expenses -
Total 19,962,180.42 19,931,777.00

3.6 Employee Benefit Expenses (Amount in Rs.)

For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
Salaries and Wages 8,764,712.00 8,706,825.00
Bonus
Contributions to Provident and Other Funds 437,009.00 -
Staff Welfare Expenses 237,798.00 -
Other Allowances to Employees
Total 9,439,519.00 8,706,825.00

3.7 Finance Costs (Amount in Rs.)

For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
Interest on OD A/C
Interest on TDS
Bank Charges 22,320.34 6,523.00
Other Borrowing Costs
Net Loss on Foreign currency loans to the extent treated as Borrowing
Cost
Total 22,320.34 6,523.00

3.8 Depreciation and Amortization Expenses (Amount in Rs.)

For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
Depreciation on Fixed Assets - 4,996.41
Preliminary Expenses amortized during the period -
Pre Operative Expenses amortized during the period
Other amortization expenses
Total - 4,996.41

3.9 Administrative and Other Expenses (Amount in Rs.)

For the year ended For the Year ended
Particulars
on 31/03/2016 on 31/03/2015
Consumption of Stores and Spare Parts
Power and Fuel 2,498,615.00 2,356,931.00
Security 2,192,978.99 1,383,417.00
Rent - -
Expenses on parking - 558,742.00
Legal Fees
Municipal Tax 207,500.00
Printing & Stationary 49,570.00 22,615.00
Electricity expenses 469,301.50 9,196,968.00
Office Expenses 357,592.00
Meeting Expenses
House keeping Expenses 959,516.00
Accounting Charges 120,000.00
Repairs to Maintenances 753,007.10 1,086,183.00
Insurance - 142,720.00
Other Administrative Expenses 14,507.00 8,811.00
 Rates and Taxes, excluding Taxes on Income - -
Donation - 418,473.00
Professional fees 116,304.74
Travelling Expenses 467,191.00 -
Telephone and Communication Expenses 65,400.00 25,830.00
Site Expenses 239,653.00
Other Expenses 638,800.68 842,454.80
Director's Remuneration - -
Advertisement 357,000.00 175,750.00
Audit Fees 86,730.00 70,000.00
Miscellaneous Expenses 37,351.00 61,000.00
Total 9,631,018.01 16,349,894.80

3.10 Deferred Tax (Amount in Rs.)

For the year For the Year
Particulars
ended on ended on
(i) Deferred Tax Liability
Closing Balance
Less: Opening Balance
Increase / (Decrease) in Deferred Tax Liability -
(ii) Deferred Tax Asset
Opening Balance
Less: Closing Balance
(Increase) / Decrease in Deferred Tax Asset
Deferred Tax to be charged / (credited) to Statement of Profit
and Loss

4. Payment to Auditors: (Amount in Rs.)

For the year For the Year
Particulars
ended on ended on
(i) As Auditor 70,000.00 70,000.00
(ii) For Taxation Matters
(iii) For Company Law Matters
(iv) For Others
Total 70,000.00 70,000.00

5. Additional information to disclose as required by Revised Schedule VI is as under: Nil

Manufacturing Company (Amount in Rs.)
(i) Raw Materials Consumed Consumption
(a) Raw Material A
( )
(b) Raw Material B
( )
(ii) Purchase of Stock in Trade / Traded Goods Purchases
(a) Traded Goods A
( )
(b) Traded Goods B
( )
(iii) Stock of Work in Progress Stock / Inventory
(a) WIP A
( )
(b) WIP B
( )
(iv) Finished Goods Sales Value Stock / Inventory
(a) Finished Goods A
 ( ) ( )
(b) Finished Goods B
( ) ( )
(iv) Stock in Trade / Traded Goods Sales Value Stock / Inventory
(a) Traded Goods A
( ) ( )
(b) Traded Goods B
( ) ( )

Trading Company (Amount in Rs.)

Purchase Value Sales Value
(i) Traded Goods A
( ) ( )
(ii) Traded Goods B
( ) ( )

Service Company (Amount in Rs.)

Services Rendered
(i) Service A
( )
(ii) Service B
( )

Note: Figures shown in Brackets represent previous year figures.

6. Balances of personal accounts like Unsecured Loans, Receivables, Payables and Loans & Advances are subject to
their respective confirmations and reconciliations.

7. Figures of the previous year have been regrouped or rearranged, wherever considered necessary, to suit the
current year's presentation.

Notes to Accounts 1 to 7 form an integral part of financial statements.

As per our report of even date.

MOHINDRA & ASSOCIATES
Chartered Accountants For Surya Nirmal Infrastructure Private

sd- sd- sd-

Partner Suryabhan Singh Satnam singh
Director Director

Place: Ranchi
Date: 10/09/2018
2.1 Share Capital (Amount in `)
Particulars As at 31/03/2018 As at 31/03/2017
(i) Authorized Capital
200000 Equity shares of 100 Each 20,000,000.00 20,000,000.00
(ii) Issued, Subscribed and Paid Up Capital
100000 Equity shares of 100 Each, fully paid up 10,000,000.00 10,000,000.00

Total 10,000,000.00 10,000,000.00

Reconciliation of the number of shares outstanding at the beginning and at the end of the reporting period:
Particulars As at 31/03/2018 As at 31/03/2017
(i) Equity Shares
No. of Equity Shares at the beginning of reporting period 100,000 100,000
Add: No. of Equity Shares issued during the period - -
Less: No. of Equity Shares bought back during the period
No. of Equity Shares at the end of the reporting period 100,000 100,000

List of the shareholders holding more than five percent of shares in the company as at the Balance Sheet date:
As at 31/03/2018 As at 31/03/2017
Names of the shareholder
No. of Shares in %age No. of Shares in %age
Surya Bhan Singh Share Capital A/c 20,000 20.00% 20,000 20.00%
Arun Kumari Rai Share Capital A/c 32,000 32.00% 32,000 32.00%
Pradip Kumar Share Capital A/c 3,000 3.00% 3,000 3.00%
Mithilesh Kumar Singh Share Capital A/c 10,000 10.00% 10,000 10.00%
Satnam Singh Share Capital A/c 35,000 35.00% 35,000 35.00%
100,000 100.00% 100,000 100.00%