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The above Financial results as reviewed and recommended by the Audit Committee were approved by the Board of Directors as its Meeting held on 29th May 2026. <BR> 2.These financial results have been prepared in accordance with Indian Accounting Standards ("IND AS) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated 5 July, 2016. <BR> 3.Lack of working capital led the company to temprorily shut down refurbishment activity and the company is more dependent on back-to-back orders. <BR> 4.The Company is engaged in the business of E-Waste Recycling & Refurbishment segment and therefore has only one reportable segment in accoradnce with IND AS 108 "operating Segments".2025-04-012026-03-31AuditedStandalone5944200013700059579000316440000012956000750740003835000700233000823742000-764163000-97631000-8617940000-145370000-1453700000-7164240000000-7164240000-716424000111986500010-188894000-6.4-6.400-6.4-6.4Other Expenses334534000Other Expenses70023300011464500000130000005150000597530003400060302000336811000958808000147057900000617970002925000182100041015000047669300047669300019472720001119865000-13889400098097100098097100000004409910005620005801300058575000278300050234900080095000146770003691800009663010009663010001947272000Other Financial Assets34000Other non-current assets958808000Other current financial liabilities2783000Other current liabilities80095000750740002715000203270000000001785100000038350000680330000143000000011600000000976310000897790000359960000000035996000000000000000000000000000000011600001819000193500000000000913400010000007507400001000-65949000-280180000-28018000-229267000-257285000Cerebra Integrated Technologies Limited******Cerebra LPO India Limited******SubsidiaryLoanNA60005974700059753000Cerebra Integrated Technologies Limited******Cerebra LPO India Limited******SubsidiaryInvestmentNA0350000350000Cerebra Integrated Technologies Limited******V Ranganathan******Managing DirectorRemunerationNA1006000923000996000Cerebra Integrated Technologies Limited******V Ranganathan******Managing DirectorLoanNA4436000266000761000Cerebra Integrated Technologies Limited******V Ranganathan******Managing DirectorLoanNA-394100000Cerebra Integrated Technologies Limited******P Vishwamurthy******Whole time DirectorRemunerationNA100600010550001126000Cerebra Integrated Technologies Limited******P Vishwamurthy******Whole time DirectorLoanNA63580003216800032918000Cerebra Integrated Technologies Limited******P Vishwamurthy******Whole time DirectorLoanNA-560800000Cerebra Integrated Technologies Limited******Ramkripal Verma******DirectorAny other transactionSitting FeesNA000Cerebra Integrated Technologies Limited******Afjalbhai Allarakhbhai Roomi******DirectorAny other transactionSitting FeesNA000Cerebra Integrated Technologies Limited******Afzalkhan Usmankhan Afridi******DirectorAny other transactionSitting FeesNA000Cerebra Integrated Technologies Limited******Kiran Murthi******DirectorAny other transactionSitting FeesNA000Cerebra Integrated Technologies Limited******Vasudevan Padmanabhan Nair******DirectorAny other transactionSitting FeesNA000Cerebra Integrated Technologies Limited******Jignesh J Mehta******DirectorAny other transactionSitting FeesNA000Cerebra Integrated Technologies Limited******Ruma Chatterjee******DirectorAny other transactionSitting FeesNA000Cerebra Integrated Technologies Limited******Surbhi Jain******Company SecretaryRemunerationNA18800030000300003451000AuditedDisclaimer of opinionYCRJ & Associatestrue2026-09-305967900059679000823842000823842000-716424000-716424000-6.4-6.41947272000194727200019472720001947272000980971000980971000Devaluation of StockDevaluation of Stock9763100097631000a) The Company has prepared its financial results on a going concern basis, notwithstanding the fact that, the company is incurring significant operating losses during the current financial year and previous financial year. In addition, the Company has substantially reduced its workforce, ceased certain key operations including refurbishment activities and experienced a substantial decline in revenues. Furthermore, the Company is facing challenges in meeting its obligations, including the servicing of current liabilities and settlement of income tax dues. These events and conditions collectively give rise to material uncertainties that may cast significant doubt on the Companys ability to continue as a going concern. We were unable to obtain sufficient and appropriate audit evidence to support managements assessment that the going concern basis of accounting is appropriate.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No quantification With respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> As irregularity is persisting for the past few years the company should take time bound actions.b) During the year, the Company has devalued inventories amounting to Rs. 9.76 Crore on an ad hoc basis. However, the management has not provided item-wise details, valuation workings, or the basis and supporting documents for such devaluation. In the absence of sufficient and appropriate audit evidence regarding the nature, accuracy, and justification of the said inventory devaluation, we are unable to determine whether any adjustments are required in respect of the value of inventories, cost of goods sold, and consequential impact on the statement. Accordingly, we are unable to comment on the correctness and adequacy of such devaluation.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No quantification With respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> As irregularity is persisting for the past few years the company should take time bound actions.c) Loans and advances given by the company includes Rs.5.98 Crore receivable from its subsidiary company which is outstanding for more than 3 years. Also, the subsidiary companys auditors expressed concerns over the subsidiary companys ability to continue as going concern, as the net worth of the subsidiary company has been completely eroded. The company has not made any provision for expected credit loss of said loan and its investment in equity shares (book value of Rs.0.035 Crore) of the said subsidiary company. And hence, we are unable to express opinion on the correctness of the carrying value of the Loans receivable from its subsidiary company and investment in equity shares of its subsidiary company.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No quantification With respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> As irregularity is persisting for the past few years the company should take time bound actions.d) Total Trade receivables of the company as on 31.03.2026 is Rs. 143.07 Crore, out of which Rs. 142.99 Crore is outstanding for more than 1 year. However, the company has made provision for bad and doubtful debts only to the extent of Rs.136.89 Crore on adhoc basis. Also, the balance of trade receivables is subject to confirmation and the company has not assessed the loss allowance for expected credit loss and therefore, we are unable to express opinion on the correctness of the provisions for bad and doubtful debts, carrying value of the said receivables and its impact, if any, on the Statement.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No quantification With respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> As irregularity is persisting for the past few years the company should take time bound actions.e) The company is having outstanding dues recoverable from an overseas party amounting to Rs. 100.28 Crore (Rs.15.00 Crore reported under Other current assets and Rs.85.28 Crore reported under Other Non-current assets) on account of sale consideration of Companys erstwhile subsidiary M/s Cerebra Middle East FZCO Dubai, vide sale agreement dated 17.03.2022 and settlement of advances due from said erstwhile subsidiary company. As per the terms of the said agreement, the payment period now stands expired and overdue for payment for more than 2 years and the balances are subject to confirmation. The Company has not made any provision for bad and doubtful receivables, also the said balances were not restated as per the requirement of Ind AS 21 The effects of changes in foreign exchange rates. Hence, we are unable to comment on the regulatory compliances, recoverability of dues and its impact on the Statement. Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No quantification With respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> As irregularity is persisting for the past few years the company should take time bound actions.f) The company has given Rs.20.29 Crore (Rs.10.81 Crore reported under current assets and Rs.9.49 Crore reported -under Non-current assets) towards Capital Advances and Other Advances to various parties, which are outstanding for more than 1 year and are subject to confirmation. Also, no provision has been made in the books for bad and doubtful portion. Hence, we are unable to comment on its recoverability and its consequential impact, if any, on the Statement.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No quantification With respect to basis for disclaimer mentioned in point a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point c, the management is of the opinion that - the company is making the efforts to recover the advances <br></br> <br></br> With respect to basis for disclaimer mentioned in point d, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point e and f, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> As irregularity is persisting for the past few years the company should take time bound actions.Ranganathan VenkatramanVishwamurthy PhalanetraVasudevan Padmanabhan NairCA Vijayendra R NayakBangalore2026-05-29220000000220611000000