M) Provisions and Contingent Liabilities / Assets

Provisions are recognised when the Company has a present obligation as a result of a past event, it is probable that
an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable
estimate can be made of the amount of the obligation.

Provisions are measured at the best estimate of the expenditure required to settle the present obligation at the
Balance Sheet date.

Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of
which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not
wholly withinthe control of the Company.

Contingent assets are not recognised or accounted.

N) Segment Reporting

Operating segments are reported in a manner consistent with the internal reporting provided to the chief
operating decision maker. The chief operational decision maker monitors the operating results of its business
Segments separately for the purpose of making decision about the resources allocation and performance
assessment. Segment performance is evaluated based on the profit or loss and is measured consistently with
profit or loss in the financial statements. The operating segments have been identified on the basis of the nature of
products/ services.

3. Significant accounting judgments, estimates and assumptions

The preparation of financial statements requires the use of accounting estimates which, by definition, will seldom equal
the actual results. Management also needs to exercise judgment in applying the Company's accounting policies.

The estimates and judgments involve a higher degree of judgment or complexity, and of items which are more likely to be
materially adjusted due to estimates and assumptions turning out to be different than those originally assessed. Detailed
information about each of these estimates and judgments is included in relevant notes together with information about
the basis of calculation for each affected line item in the financial statements.

Critical estimates and judgments

The areas involving critical estimates or judgments are:

- Estimation of current tax expense and payable

- Estimation of defined benefit obligation

- Recognition of revenue

- Recognition of deferred tax assets for carried forward tax losses

- Impairment of trade receivables and other financial assets

1) Loans are non-derivative financial assets which generate a fixed interest income for the Company. The carrying value may
be affected by changes in the credit risk of the counterparties.

2) Non-Current loans to related parties pertain to funds advanced for business purpose. The management does not intend to
recover the same in next year, these loans carry an interest at the rate of - 7% per annum.

3) Amount due by directors or other officers of the company or any of them either severally or jointly with any other persons
or amounts due by firms or private companies respectively in which any director is a partner or a director or a member
for the FY 2023-24 is INR 5848 lacs, for FY 2024-25 is INR 6515 lacs.

4) The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other
sources or kind of funds) to any other person or entity, including foreign entities ("Intermediaries") with the
understanding (whether recorded in writing or otherwise) that the Intermediaries shall, whether, directly or indirectly
lend or invest in other persons / entities identified in any manner whatsoever by or on behalf of the Company ('Ultimate
Beneficiaries') or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

5) The Company has not received any fund from any person(s) or entity(ies), including foreign entities ("Funding Party")
with the understanding (whether recorded in writing or otherwise) that the Company shall directly or indirectly lend or
invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party
(Ultimate Beneficiaries); or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

6) Additional disclosures related to Loans given to related party that are: (a) repayable on demand; and (b) without
specifying any terms or period of repayment.

Notes

1) As per records of the Company, including its register of shareholders/ members and other
declarations received from shareholders regarding beneficial interest, the above shareholding represents the
legal ownership of shares.

i) Terms/ rights attached to equity shares

The Company has only one class of equity shares having a par value of 5per share. Each holder of equity
shares is entitled to one vote per share. The Company declares and pays dividends in Indian rupees. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing
Annual General Meeting. In the event of liquidation of the Company, the holders of equity shares will be entitled
to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will
be in proportion to the number of equity shares held by the shareholders.

Note 30 Financial Risk Management

The Company's activities expose it to the following risks:

A. Credit Risk

B. Liquidity Risk

C. Market Risk

A. Credit Risk

Credit Risk is the risk that counter party will not meet its obligations under a financial instruments or customer contract
leading to a financial loss. The Company is exposed to credit risk from its operating activities (primarily trade receivables
and unbilled revenue) and from its financing and investments activities including deposits with banks and financial
institutions, investments, and other financial instruments.

i. Trade receivables

Credit risk is managed by each business unit subject to the Company's established policy, procedures and control
relating to customer credit risk management. Outstanding customer receivables are regularly monitored.

The impairment analysis is performed at each reporting date on an individual basis for clients. The maximum
exposure to credit risk at the reporting date is the carrying value of each class of financial assets. The Company
doesnot hold collateral as security.

B. Liquidity Risk

Liquidity is defined as the risk that the Company will not be able to settle or meet its obligations on time or at a
reasonable price. The Company's treasury department is responsible for liquidity, funding as well as settlement
management. In addition, processes and policies related to such risks are overseen by senior management. Management
monitors the Company's net liquidity position through rolling forecasts on the basis of expected cash flows.

The Company's principal sources of liquidity are cash and cash equivalents and the cash flow that is generated from
operations. The Company believes that the cash and cash equivalents is sufficient to meet its current requirements.
Accordingly, no liquidityrisk is perceived.

C. Market Risk

Foreign exchange rates

The Company does not have balances in foreign currency and consequently the Company is not exposed to foreign
exchange risk. The exchange rate between the rupee and foreign currencies has changed substantially in recent years,
which has affected the results of the Company, and may fluctuate substantially in the future. The Company evaluates
exchange rate exposure arising from foreign currency transactions and follows established risk management policies.
Interest rate

Interest rate risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate due to changes in
market interest rates. The Company's borrowings are short term / working capital in nature and hence is not exposed to
significant interest rate risk.

Note 31 Capital Risk Management

The Company's objectives when managing capital are to safeguard their ability to continue as a going concern, so that they can
continue to provide returns for shareholders and benefits for other stakeholders and maintain an optimal capital structure to
reduce the cost of capital.

Note 35 Fair Value Measurement

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

The following methods and assumptions were used to estimate the fair values:

Fair value of cash and short-term deposits, trade and other short-term receivables, trade payables, other current liabilities,
short term loans from banks and other financial institutions approximate their carrying amounts largely due to short term
maturities ofthese instruments.

The Financial Instruments are categorized in two level based on the inputs used to arrive at fair value measurement as described
below

Level 1: quoted (unadjusted) prices in active markets for identical assets or liabilities

Level 2: other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either
directly orindirectly.

Note 36 Other Statutory Information:

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

(ii) The Company does not have any transactions with companies struck off.

(iii) The company does not have pending charges yet to be registered with the ROC beyond the statutory period.

(iv) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year for the year ended
March 31, 2025

(v) The Company have not advanced or given loan or invested funds to any other person(s) or entity(ies), including foreign entities
(Intermediaries) with the understanding that the Intermediary shall:

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

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

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

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

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

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

(viii) The Company has not been declared as Wilful defaulter by any Banks, Financial institution or other lenders.

Note 37 New and amended standards

Ministry of Corporate Affairs ("MCA") notifies new standards or amendments to the existing standards under Companies (Indian
Accounting Standards) Rules as issued from time to time. For the year ended March 31, 2025, MCA has notified new standards or
amendments to the existing standards applicable to the Company
IND AS 103 Business Combination,

IND AS 105 Non current assets held for sale and discontinued operation ,

IND AS 107 financial instrument disclosure .

IND AS 109 Financial instruments ,

IND AS 115 Revenue from contracts with customer to align them with IND AS 117 and IND AS 116 Lease liability in a sale and lease
back.

The company has reviewed the new pronouncements and based on its evaluations has determined that these amendments son not
have a significant impact on the companies financial statements

see accompanying notes to the financial statements

For and on behalf of Board of Directors As per our Report of even date attached

CONFIDENCE FUTURISTIC ENERGETECH LIMITED For L N J & Associates For Koshal & Associates.

CIN - L74110MH1985PLC386541 Chartered Accountants Chartered Accountants

FRN 135772W FRN 121233W

NITIN KHARA SARVESH KHARA PRITY BHABHRA

Managing Director Director Company SUMIT V LAHOTI Koshal Maheshwari

& ^CEO & ^CFO S^ecretary & ^C0 p_art_ner Proprietor

DIN 01670977 DIN 06938709 M No. A52365 Membership No. Membership No.

Date:21 May,2025 Date:21 May,2025 Date:21 May,2025 138908 043746

Place: Nagpur Place: Nagpur Place: Nagpur ^Date:21 May,2°^{25 Date:}21 May,2°²⁵

Place: Nagpur Place: Mumbai