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The Companies Act, 2013

Schedule III Form of financial statements (Divisions I to III)

Chapter: Schedules · Schedules
Amendments: 73

SCHEDULE III

(See section 129) 1Division I

1FINANCIAL STATEMENTS FOR A COMPANY WHOSE FINANCIAL STATEMENTS ARE REQUIRED TO COMPLY WITH THE COMPANIES (ACCOUNTING STANDARDS) RULES, 2006

1General Instructions for Preparation of Balance Sheet and Statement of Profit and Loss of a Company.

GENERAL INSTRUCTIONS

1. Where compliance with the requirements of the Act including Accounting Standards as applicable to the companies require any change in treatment or disclosure including addition, amendment, substitution or deletion in the head or sub-head or any changes, inter se, in the financial statements or statements forming part thereof, the same shall be made and the requirements of this Schedule shall stand modified accordingly.

2. The disclosure requirements specified in this Schedule are in addition to and not in substitution of the disclosure

requirements specified in the Accounting Standards prescribed under the Companies Act, 2013. Additional disclosures specified in the Accounting Standards shall be made in the notes to accounts or by way of additional statement unless required to be disclosed on the face of the Financial Statements. Similarly, all other disclosures as required by the Companies Act shall be made in the notes to accounts in addition to the requirements set out in this Schedule.

3. (i) Notes to accounts shall contain information in addition to that presented in the Financial Statements and shall provide where required (a) narrative descriptions or disaggregations of items recognised in those statements; and (b) information about items that do not qualify for recognition in those statements.

(ii) Each item on the face of the Balance Sheet and Statement of Profit and Loss shall be cross-referenced to any related information in the notes to accounts. In preparing the Financial Statements including the notes to accounts, a balance shall be maintained between providing excessive detail that may not assist users of financial statements and not providing important information as a result of too much aggregation.

4. (i) Depending upon the 2Total Income of the company, the figures appearing in the Financial Statements 3Shall be rounded off as given below:—

4Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Turnover"Total Income                         Rounding off

(a) less than one hundred crore rupees To the nearest hundreds, thousands, lakhs or millions, or decimals thereof.

(b) one hundred crore rupees or more    To the nearest lakhs, millions or crores, or decimals

thereof.

(ii) Once a unit of measurement is used, it should be used uniformly in the Financial Statements.

5. Except in the case of the first Financial Statements laid before the Company (after its incorporation) the corresponding amounts (comparatives) for the immediately preceding reporting period for all items shown in the Financial Statements including notes shall also be given.

6. For the purpose of this Schedule, the terms used herein shall be as per the applicable Accounting Standards.

Note:— This part of Schedule sets out the minimum requirements for disclosure on the face of the Balance Sheet, and the Statement of Profit and Loss (hereinafter referred to as “Financial Statements” for the purpose of this Schedule) and Notes. Line items, sub-line items and sub-totals shall be presented as an addition or substitution on the face of the Financial Statements when such presentation is relevant to an understanding of the company’s financial position or performance or to cater to industry/sector-specific disclosure requirements or when required for compliance with the amendments to the Companies Act or under the Accounting Standards.

PART I — BALANCE SHEET

Name of the Company……………………. Balance Sheet as at ………………………

(Rupees in…………)

Particulars                           Note  Figures as at the  Figures as at the end
                                             end of current       of the previous
                                      No.   reporting period     reporting period

1                                     2              3                    4

I. EQUITY AND LIABILITIES

(1) Shareholders’ funds

(a) Share capital

(b) Reserves and surplus

(2) Share application money pending allotment

(3) Non-current liabilities

(a) Long-term borrowings

(b) Deferred tax liabilities (Net)

(d) Long-term provisions

(4) Current liabilities

(a) Short-term borrowings

(b) Trade payables

(A) total outstanding dues of

micro enterprises and small enterprises; and

(B) total outstanding dues of creditors other than micro enterprises and small enterprises.

(d) Short-term provisions TOTAL 1 2 3 4

II. ASSETS Non-current assets

(1) (a) Property, Plant and Equipment and Intangible assets

(i) Property, Plant and Equipment

(ii) Intangible assets

(iii) Capital work-in-progress

(iv) Intangible assets under development

(b) Non-current investments

(d) Long-term loans and advances

(e) Other non-current assets

(2) Current assets

(a) Current investments

(b) Inventories

(d) Cash and cash equivalents

(e) Short-term loans and advances

(f) Other current assets

TOTAL See accompanying notes to the Financial Statements. Notes

GENERAL INSTRUCTIONS FOR PREPARATION OF BALANCE SHEET

1. An asset shall be classified as current when it satisfies any of the following criteria:—

(a) it is expected to be realised in, or is intended for sale or consumption in, the company’s normal operating cycle;

(b) it is held primarily for the purpose of being traded;

(d) it is cash or cash equivalent unless it is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting date. All other assets shall be classified as non-current.

2. An operating cycle is the time between the acquisition of assets for processing and their realisation in cash or cash equivalents. Where the normal operating cycle cannot be identified, it is assumed to have a duration of twelve months.

3. A liability shall be classified as current when it satisfies any of the following criteria:—

(a) it is expected to be settled in the company’s normal operating cycle;

(b) it is held primarily for the purpose of being traded;

(d) the company does not have an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Terms of a liability that could, at the option of the counterparty, result in its settlement by the issue of equity instruments do not affect its classification.

All other liabilities shall be classified as non-current.

4. A receivable shall be classified as a “trade receivable” if it is in respect of the amount due on account of goods sold or services rendered in the normal course of business.

5. A payable shall be classified as a “trade payable” if it is in respect of the amount due on account of goods purchased or services received in the normal course of business.

6. A company shall disclose the following in the notes to accounts.

A. Share Capital

For each class of share capital (different classes of preference shares to be treated separately):

(a) the number and amount of shares authorised;

(b) the number of shares issued, subscribed and fully paid, and subscribed but not fully paid;

(d) a reconciliation of the number of shares outstanding at the beginning and at the end of the reporting period;

(e) the rights, preferences and restrictions attaching to each class of shares including restrictions on the distribution of dividends and the repayment of capital;

(f) shares in respect of each class in the company held by its holding company or its ultimate holding company including shares held by or by subsidiaries or associates of the holding company or the ultimate holding company in aggregate;

(g) shares in the company held by each shareholder holding more than 5 per cent. shares specifying the number of shares held;

(h) shares reserved for issue under options and contracts/commitments for the sale of shares/disinvestment, including the terms and amounts;

(i) for the period of five years immediately preceding the date as at which the Balance Sheet is prepared:

(A) Aggregate number and class of shares allotted as fully paid-up pursuant to contract (s) without payment being received in cash.

(B) Aggregate number and class of shares allotted as fully paid-up by way of bonus shares.

(j) terms of any securities convertible into equity/preference shares issued along with the earliest date of conversion in descending order starting from the farthest such date;

(k) calls unpaid (showing aggregate value of calls unpaid by directors and officers);

(l) forfeited shares (amount originally paid-up).

10(m) A company shall disclose Shareholding of Promoters* as below:

10Shares held by promoters at the end of the year % Change during the year***

10Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021S.No              Promoter No. of % of total

10name Shares** shares **

10Total

10*Promoter here means promoter as defined in the Companies Act, 2013.

10** Details shall be given separately for each class of shares *** percentage change shall be computed with respect to the number at the beginning of the year or if issued during the year for the first time then with respect to the date of issue. B. Reserves and Surplus

(i) Reserves and Surplus shall be classified as:

(a) Capital Reserves;

(b) Capital Redemption Reserve;

(d) Debenture Redemption Reserve;

(e) Revaluation Reserve;

(f) Share Options Outstanding Account;

(g) Other Reserves–(specify the nature and purpose of each reserve and the amount in respect thereof);

(h) Surplus i.e., balance in Statement of Profit and Loss disclosing allocations and appropriations such as dividend, bonus shares and transfer to/ from reserves, etc.;

(Additions and deductions since last balance sheet to be shown under each of the specified heads);

(ii) A reserve specifically represented by earmarked investments shall be termed as a “fund”.

(iii) Debit balance of statement of profit and loss shall be shown as a negative figure under the head “Surplus”. Similarly, the balance of “Reserves and Surplus”, after adjusting negative balance of surplus, if any, shall be shown under the head “Reserves and Surplus” even if the resulting figure is in the negative.

C. Long-Term Borrowings

(i) Long-term borrowings shall be classified as:

(a) Bonds/debentures;

(b) Term loans:

(A) from banks.

(B) from other parties.

(d) Deposits;

(e) Loans and advances from related parties;

(f) Long term maturities of finance lease obligations;

(g) Other loans and advances (specify nature).

(ii) Borrowings shall further be sub-classified as secured and unsecured. Nature of security shall be specified separately in each case.

(iii) Where loans have been guaranteed by directors or others, the aggregate amount of such loans under each head shall be disclosed.

(iv) Bonds/debentures (along with the rate of interest and particulars of redemption or conversion, as the case may be) shall be stated in descending order of maturity or conversion, starting from farthest redemption or conversion date, as the case may be. Where bonds/debentures are redeemable by instalments, the date of maturity for this purpose must be reckoned as the date on which the first instalment becomes due.

(v) Particulars of any redeemed bonds/debentures which the company has power to reissue shall be disclosed.

(vi) Terms of repayment of term loans and other loans shall be stated.

(vii) Period and amount of continuing default as on the balance sheet date in repayment of loans and interest, shall be specified separately in each case.

D. Other Long-term Liabilities

Other Long-term Liabilities shall be classified as:

(a) Trade payables;

(b) Others.

E. Long-term provisions The amounts shall be classified as:

(a) Provision for employee benefits;

(b) Others (specify nature). F. Short-term borrowings

(i) Short-term borrowings shall be classified as:

(a) Loans repayable on demand;

(A) from banks.

(B) from other parties.

(b) Loans and advances from related parties;

(d) Other loans and advances (specify nature).

(ii) Borrowings shall further be sub-classified as secured and unsecured. Nature of security shall be specified separately in each case.

(iii) Where loans have been guaranteed by directors or others, the aggregate amount of such loans under each head shall be disclosed.

(iv) Period and amount of default as on the balance sheet date in repayment of loans and interest, shall be specified separately in each case.

(v) current maturities of Long term borrowings shall be disclosed separately. FA. Trade Payable:—

The following details relating to Micro, Small and Medium Enterprises shall be disclosed in the notes:

(a) the principal amount and the interest due thereon (to be shown separately) remaining unpaid to any supplier at the end of each accounting year;

(b) the amount of interest paid by the buyer in terms of section 16 of the Micro, Small and Medium Enterprises Development Act, 2006 (7 of 2006), along with the amount of the payment made to the supplier beyond the appointed day during each accounting year;

(c) the amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act, 2006;

(d) the amount of interest accrued and remaining unpaid at the end of each accounting year; and

(e) the amount of further interest remaining due and payable even in the succeeding years, until such date when the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006;

Explanation.-The terms 'appointed day’, ‘buyer’, ‘enterprise’, ‘micro enterprise’, ‘small enterprise’ and ‘supplier’, shall have the same meaning assigned to those under clauses (b), (d), (e), (h), (m) and (n) respectively of section 2 of the Micro, Small and Medium Enterprises Development Act, 2006.

FB. Trade payables due for payment

The following ageing schedule shall be given for Trade payable due for payment:-

Trade Payables ageing schedule

14Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars          Outstanding for following periods from due date of

payment#

14Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1-2             2-3 years More than 3 Total

14Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 20211 year years                     years

(i) MSME

(ii) Others

(iii) Disputed dues

MSME

(iv) Disputed dues-others

#similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately;

G. Other current liabilities

The amounts shall be classified as:

(b) Current maturities of finance lease obligations;

(d) Interest accrued and due on borrowings;

(e) Income received in advance;

(f) Unpaid dividends;

(g) Application money received for allotment of securities and due for refund and interest accrued thereon. Share application money includes advances towards allotment of share capital. The terms and conditions including the number of shares proposed to be issued, the amount of premium, if any, and the period before which shares shall be allotted shall be disclosed. It shall also be disclosed whether the company has sufficient authorised capital to cover the share capital amount resulting from allotment of shares out of such share application money. Further, the period for which the share application money has been pending beyond the period for allotment as mentioned in the document inviting application for shares along with the reason for such share application money being pending shall be disclosed. Share application money not exceeding the issued capital and to the extent not refundable shall be shown under the head Equity and share application money to the extent refundable, i.e., the amount in excess of subscription or in case the requirements of minimum subscription are not met, shall be separately shown under “Óther current liabilities”;

(h) Unpaid matured deposits and interest accrued thereon;

(i) Unpaid matured debentures and interest accrued thereon;

(j) Other payables (specify nature).

H. Short-term provisions The amounts shall be classified as:

(a) Provision for employee benefits.

(b) Others (specify nature).

I. Property, Plant and Equipment

(i) Classification shall be given as:

(a) Land;

(b) Buildings;

(d) Furniture and Fixtures;

(e) Vehicles;

(f) Office equipment;

(g) Others (specify nature).

(ii) Assets under lease shall be separately specified under each class of asset.

(iii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of Property, Plant and Equipment) and other adjustments and the related depreciation and impairment losses/reversals shall be disclosed separately.

(iv) Where sums have been written-off on a reduction of capital or revaluation of assets or where sums have been added on revaluation of assets, every balance sheet subsequent to date of such write-off, or addition shall show the reduced or increased figures as applicable and shall by way of a note also show the amount of the reduction or increase as applicable together with the date thereof for the first five years subsequent to the date of such reduction or increase.

J. Intangible assets

(i) Classification shall be given as:

(a) Goodwill;

(b) Brands /trademarks;

(d) Mastheads and publishing titles;

(e) Mining rights;

(f) Copyrights, and patents and other intellectual property rights, services and operating rights;

(g) Recipes, formulae, models, designs and prototypes;

(h) Licences and franchise;

(i) Others (specify nature).

(ii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of intangible assets) and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately.

(iii) Where sums have been written-off on a reduction of capital or revaluation of assets or where sums have been added on revaluation of assets, every balance sheet subsequent to date of such write-off, or addition shall show the reduced or increased figures as applicable and shall by way of a note also show the amount of the reduction or increase as applicable together with the date thereof for the first five years subsequent to the date of such reduction or increase.

K. Non-current investments

(i) Non-current investments shall be classified as trade investments and other investments and further classified as:

(a) Investment property;

(b) Investments in Equity Instruments;

(d) Investments in Government or trust securities;

(e) Investments in debentures or bonds;

(f) Investments in Mutual Funds;

(g) Investments in partnership firms;

(h) Other non-current investments (specify nature). Under each classification, details shall be given of names of the bodies corporate indicating separately whether such bodies are (i) subsidiaries, (ii) associates,(iii) joint ventures, or (iv) controlled special purpose entities in whom investments have been made and the nature and extent of the investment so made in each such body corporate (showing separately investments which are partly-paid). In regard to investments in the capital of partnership firms, the names of the firms (with the names of all their partners, total capital and the shares of each partner) shall be given.

(ii) Investments carried at other than at cost should be separately stated specifying the basis for valuation thereof;

(iii) The following shall also be disclosed:

(a) Aggregate amount of quoted investments and market value thereof;

(b) Aggregate amount of unquoted investments;

(i) Long-term loans and advances shall be classified as:

(a) Capital Advances;

(d) Other loans and advances (specify nature).

(ii) The above shall also be separately sub-classified as:

(a) Secured, considered good;

(b) Unsecured, considered good;

(iii) Allowance for bad and doubtful loans and advances shall be disclosed under the relevant heads separately.

(iv) Loans and advances 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 should be separately stated.

M. Other non-current assets

Other non-current assets shall be classified as:

(i) Long-term Trade Receivables (including trade receivables on deferred credit terms);

(ia) Security Deposits;

(ii) Others (specify nature);

(iii) Long term Trade Receivables, shall be sub-classified as:

(A) (a) Secured, considered good;

(B) Unsecured, considered good;

(b) Allowance for bad and doubtful debts shall be disclosed under the relevant heads separately.

(c) Debts due by directors or other officers of the company or any of them either severally or jointly with any other person or debts due by firms or private companies respectively in which any director is a partner or a director or a member should be separately stated.

(iv) For trade receivables outstanding, following ageing schedule shall be given:

Trade Receivables ageing schedule

(Amount in Rs.)

21Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars                  Outstanding for following periods from due date of payment#

Less than 6 6 months- 1-2 years 2-3 More than 3 Total

21Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021months               1 year                               years years

(i) Undisputed Trade receivables-considered good

(ii) Undisputed Trade Receivables-considered doubtful

(iii) Disputed Trade Receivables considered good

(iv) Disputed Trade Receivables considered doubtful

#similar information shall be given where no due date of payment is specified, in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately.

N. Current Investments

(i) Current investments shall be classified as:

(a) Investments in Equity Instruments;

(b) Investments in Preference Shares;

(d) Investments in debentures or bonds;

(e) Investments in Mutual Funds;

(f) Investments in partnership firms;

(g) Other investments (specify nature).

Under each classification, details shall be given of names of the bodies corporate [indicating separately whether such bodies are: (i) subsidiaries, (ii) associates, (iii) joint ventures, or (iv) controlled special purpose entities] in whom investments have been made and the nature and extent of the investment so made in each such body corporate (showing separately investments which are partly paid). In regard to investments in the capital of partnership firms, the names of the firms (with the names of all their partners, total capital and the shares of each partner) shall be given.

(ii) The following shall also be disclosed:

(a) The basis of valuation of individual investments;

(b) Aggregate amount of quoted investments and market value thereof;

(d) Aggregate provision made for diminution in value of investments.

O. Inventories

(i) Inventories shall be classified as:

(a) Raw materials;

(b) Work-in-progress;

(d) Stock-in-trade (in respect of goods acquired for trading);

(e) Stores and spares;

(f) Loose tools;

(g) Others (specify nature).

(ii) Goods-in-transit shall be disclosed under the relevant sub-head of inventories.

(iii) Mode of valuation shall be stated.

P. Trade Receivables

(i) For trade receivables outstanding, the following ageing schedules shall be given:

Trade Receivables ageing schedule

(Amount in Rs.)

22Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "item (i)"Particulars             Outstanding for following periods from due date of payment#

22Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "item (i)"Less than 6 6 months- 1-2 2-3                 More than 3 Total

years

22Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "item (i)"months               1 year    years years

(i) Undisputed Trade receivables-considered good

(ii) Undisputed Trade Receivables-considered doubtful

(iii) Disputed Trade Receivables considered good

(iv) Disputed Trade Receivables considered doubtful #similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately.

(ii) Trade receivables shall be sub-classified as:

(a) Secured, considered good;

(b) Unsecured, considered good;

(iii) Allowance for bad and doubtful debts shall be disclosed under the relevant heads separately.

(iv) Debts due by directors or other officers of the company or any of them either severally or jointly with any other person or debts due by firms or private companies respectively in which any director is a partner or a director or a member should be separately stated. Q. Cash and cash equivalents

(i) Cash and cash equivalents shall be classified as:

(a) Balances with banks;

(b) Cheques, drafts on hand;

(d) Others (specify nature).

(ii) Earmarked balances with banks (for example, for unpaid dividend) shall be separately stated.

(iii) Balances with banks to the extent held as margin money or security against the borrowings, guarantees, other commitments shall be disclosed separately.

(iv) Repatriation restrictions, if any, in respect of cash and bank balances shall be separately stated.

(v) Bank deposits with more than twelve months maturity shall be disclosed separately. R. Short-term loans and advances

(i) Short-term loans and advances shall be classified as:

(a) Loans and advances to related parties (giving details thereof);

(b) Others (specify nature).

(ii) The above shall also be sub-classified as:

(a) Secured, considered good;

(b) Unsecured, considered good;

(iii) Allowance for bad and doubtful loans and advances shall be disclosed under the relevant heads separately.

(iv) Loans and advances due by directors or other officers of the company or any of them either severally or jointly with any other person or amounts due by firms or private companies respectively in which any director is a partner or a director or a member shall be separately stated. S. Other current assets (specify nature) This is an all-inclusive heading, which incorporates current assets that do not fit into any other asset categories. T. Contingent liabilities and commitments (to the extent not provided for)

(i) Contingent liabilities shall be classified as:

(a) Claims against the company not acknowledged as debt;

(b) Guarantees;

(ii) Commitments shall be classified as:

(a) Estimated amount of contracts remaining to be executed on capital account and not provided for;

(b) Uncalled liability on shares and other investments partly paid;

U. The amount of dividends proposed to be distributed to equity and preference shareholders for the period and the related amount per share shall be disclosed separately. Arrears of fixed cumulative dividends on preference shares shall also be disclosed separately.

V. Where in respect of an issue of securities made for a specific purpose, the whole or part of the amount has not been used for the specific purpose at the balance sheet date, there shall be indicated by way of note how such unutilised amounts have been used or invested.

VA. Where the company has not used the borrowings from banks and financial institutions for the specific purpose for which it was taken at the balance sheet date, the company shall disclose the details of where they have been used.

W. If, in the opinion of the Board, any of the assets other than Property, Plant and Equipment ,Intangible assets and non-current investments do not have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated, the fact that the Board is of that opinion, shall be stated.

Y. Additional Regulatory Information

(i) Title deeds of Immovable Property not held in name of the Company

The company shall provide the details of all the immovable property (other than properties where the Company is the lessee and the lease agreements are duly executed in favour of the lessee) whose title deeds are not held in the name of the company in format given below and where such immovable property is jointly held with others, details are required to be given to the extent of the company’s share.

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Relevant line item Description Gross  Title deeds  Whether title deed          Property                        Reason for
                                      held in the  holder is a                 held since                      not being
in the Balance  of item of carrying   name of      promoter, director          which date                      held in the
                                                   or relative# of                                             name of the
sheet           property value                     promoter*/director                                          company**

or employee of promoter/director

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021PPE-            Land          -       -            -                           -                               ** also

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Building                                                                                       indicate if in

dispute

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Investment      Land
property-       Building

PPE retired from Land active use and held Building for disposal -

others

#Relative here means relative as defined in the Companies Act, 2013.

*Promoter here means promoter as defined in the Companies Act, 2013.

(ii)Where the Company has revalued its Property, Plant and Equipment, the company shall disclose as to whether the revaluation is based on the valuation by a registered valuer as defined under rule 2 of the Companies (Registered Valuers and Valuation) Rules, 2017.

(iii) Following disclosures shall be made where Loans or Advances in the nature of loans are granted to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013,) either serverally or jointly with any other person, that are:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Type of Borrower     Amount of loan or advance in          Percentage to the total Loans and Advances in
                     the nature of loan outstanding        the nature of loans

Promoters

Directors

KMPs

Related Parties

(iv) Capital-Work-in Progress (CWIP)

(a) For Capital-work-in progress, following ageing schedule shall be given:

CWIP aging schedule

(Amount in Rs.)

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021CWIP              Amount in CWIP for a period of                                            Total*

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 1-2 years  2-3 years         More than 3 years

year

Projects in progress

Projects temporarily suspended

*Total shall tally with CWIP amount in the balance sheet.

(b) For capital-work-in progress, whose completion is overdue or has exceeded its cost compared to its original plan, following CWIP completion schedule shall be given**:

(Amount in Rs.)

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021CWIP                                                To be completed in

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 year       1-2 years         2-3 years          More than 3 years

Project 1 Project 2”

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021** Details of projects where actively has been suspended shall be given separately.         (Amount in Rs.)
(v) Intangible assets under development:                                                    Total*

(a) For Intangible assets under development, following ageing schedule shall be given: Intangible assets under development aging schedule

Amount in CWIP for a period of

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Intangible assets under  Less than 1         1-2 years 2-3 years  More than 3 years
development              year

Projects in progress

Projects temporarily suspended

*Total shall tally with the amount of Intangible assets under development in the balance sheet.

(b) For Intangible assets under development, whose completion is overdue or has exceeded its cost compared to its original plan, following Intangible assets under development completion schedule shall be given**:

(Amount in Rs.)

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Intangible assets                                       To be completed in

under development

27Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 20211-2 years            2-3 years  More than 3 years

Less than 1 year

Project 1

Project 2

** Details of projects where activity has been suspended shall be given separately.

(vi) Details of Benami Property held

(a) Details of such property, including year of acquisition,

(b) Amount thereof,

(d) If property is in the books, then reference to the item in the Balance Sheet,

(e) If property is not in the books, then the fact shall be stated with reasons,

(f) Where there are proceedings against the company under this law as an abetter of the transaction or as the transferor then the details shall be provided,

(g) Nature of proceedings, status of same and company’s view on same.

(vii) Where the Company has borrowings from banks or financial institutions on the basis of security of current assets, it shall disclose the following:-

(a) whether quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts.

(b) if not, summary of reconciliation and reasons of material discrepancies, if any to be adequately disclosed.

(viii) Wilful Defaulter* Where a company is a declared willful defaulter by any bank or financial Institution or other lender, following details shall be given:

(a) Date of declaration as willful defaulter,

(b) Details of defaults (amount and nature of defaults), * “willful defaulter” here means a person or an issuer who or which is categorized as a willful defaulter by any bank or financial institution (as defined under the Act) or consortium thereof, in accordance with the guidelines on willful defaulters issued by the Reserve Bank of India.

(ix) Relationship with Struck off Companies Where the company has any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956, the Company shall disclose the following details:-

Name of struck off Nature of transactions Balance Relationship with the Struck off company, if any, to be disclosed Company with struck off Company outstanding

Investments in securities

Receivables

Payables

Shares held by stuck off company

Other outstanding balances (to be specified)

(xi) Compliance with number of layers of companies Where the company has not complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017, the name and CIN of the companies beyond the specified layers and the relationship/extent of holding of the company in such downstream companies shall be disclosed.

(xii) Following Ratios to be disclosed:-

(a) Current Ratio,

(b) Debt-Equity Ratio,

(d) Return on Equity Ratio,

(e) Inventory turnover ratio,

(f) Trade Receivables turnover ratio,

(g) Trade payables turnover ratio,

(h) Net capital turnover ratio,

(i) Net profit ratio,

(j) Return on Capital employed,

(k) Return on investment. The company shall explain the items included in numerator and denominator for computing the above ratios. Further explanation shall be provided for any change in the ratio by more than 25% as compared to the preceding year.

(xiii) Compliance with approved Scheme(s) of Arrangements Where any Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013, the Company shall disclose that the effect of such Scheme of Arrangements have been accounted for in the books of account of the Company ‘in accordance with the Scheme’ and ‘in accordance with accounting standards’ and deviation in this regard shall be explained.

(xiv) Utilisation of Borrowed funds and share premium:

(A) Where company has advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity (ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall

(i) 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

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

the company shall disclose the following:-

(I) date and amount of fund advanced or loaned or invested in Intermediaries with complete details of each Intermediary.

(II) date and amount of fund further advanced or loaned or invested by such Intermediaries to other intermediaries or Ultimate Beneficiaries alongwith complete details of the ultimate beneficiaries.

(III) date and amount of guarantee, security or the like provided to or on behalf of the Ultimate Beneficiaries.

(IV) declaration that relevant provisions of the Foreign Exchange Management Act, 1999 (42 of 1999) and Companies Act has been complied with for such transactions and the transactions are not violative of the Prevention of Money-Laundering act, 2002 (15 of 2003);

(B) Where a company has received any fund from any persons (s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the company shall

(i) 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

(ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries, the company shall disclose the following:-

(I) date and amount of fund received from Funding parties with complete details of each Funding party.

(II) date and amount of fund further advanced or loaned or invested other intermediaries or Ultimate Beneficiaries alongwith complete details of the other intermediaries’ or ultimate beneficiaries.

(III) date and amount of guarantee, security or the like provided to or on behalf of the Ultimate Beneficiaries

PART II – STATEMENT OF PROFIT AND LOSS Name of the Company……………………. Profit and loss statement for the year ended ………………………

(Rupees in…………)

Particulars       Note  Figures as at the end Figures as at the end

1           No.   of current reporting                of the previous
  I. Revenue from operations                    period                       reporting period

II. Other income

III. Total 28Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Revrnue"Income (I + II)      2     3                                                            4

IV. Expenses:

xxx                                                          xxx

Cost of materials consumed

Purchases of Stock-in-Trade        xxx                                                          xxx

xxx                                                          xxx
Changes in inventories of                          xxx  xxx

finished goods

work-in-progress and                               xxx  xxx

Stock-in-Trade xxx xxx

Employee benefits expense                          xxx  xxx

Finance costs

Depreciation and           amortisation

expense

Other expenses

1                         2       3    4

Total expenses                                     xxx  xxx

V. Profit before exceptional and                   xxx  xxx

extraordinary items and tax (III - IV)

VI. Exceptional items                              xxx  xxx

VII. Profit before extraordinary items             xxx  xxx

and tax (V - VI)

VIII. Extraordinary items                          xxx  xxx

IX. Profit before tax (VII- VIII)                  xxx  xxx

X. Tax expense:

(1) Current tax                                    xxx  xxx

(2) Deferred tax                                   xxx  xxx

XI. Profit (Loss) for the period from              xxx  xxx

continuing operations (VII-VIII)

XII. Profit/(loss) from discontinuing              xxx  xxx

operations

XIII. Tax expense of discontinuing                 xxx  xxx

operations

XIV. Profit/(loss) from Discontinuing              xxx  xxx

operations (after tax) (XII-XIII)

XV. Profit (Loss) for the period (XI +             xxx  xxx

XIV)

XVI. Earnings per equity share:

(1) Basic                                          xxx  xxx

(2) Diluted                                        xxx  xxx

See accompanying notes to the financial statements.

GENERAL INSTRUCTIONS FOR PREPARATION OF STATEMENT OF

PROFIT AND LOSS

1. The provisions of this Part shall apply to the income and expenditure account referred to in sub-clause

(ii) of clause (40) of section 2 in like manner as they apply to a statement of profit and loss.

2. (A) In respect of a company other than a finance company revenue from operations shall disclose separately in the notes revenue from—

(a) Sale of products;

(b) Sale of services;

(ba) Grants or donations received (relevant in case of section 8 companies only)

Less:

(d) Excise duty.

(B) In respect of a finance company, revenue from operations shall include revenue from—

(a) Interest; and

(b) Other financial services.

Revenue under each of the above heads shall be disclosed separately by way of notes to accounts to the extent applicable.

3. Finance Costs

Finance costs shall be classified as:

(a) Interest expense;

(b) Other borrowing costs;

4. Other income

Other income shall be classified as:

(a) Interest Income (in case of a company other than a finance company);

(b) Dividend Income;

(d) Other non-operating income (net of expenses directly attributable to such income).

5. Additional Information

A Company shall disclose by way of notes additional information regarding aggregate expenditure and income on the following items:—

(i) (a) Employee Benefits Expense [showing separately (i) salaries and wages,

(ii) contribution to provident and other funds, (iii) expense on Employee Stock Option Scheme (ESOP) and Employee Stock Purchase Plan (ESPP), (iv) staff welfare expenses].

(b) Depreciation and amortisation expense;

(c) Any item of income or expenditure which exceeds one per cent. of the revenue from operations or Rs.1,00,000, whichever is higher;

(d) Interest Income;

(e) Interest expense;

(f) Dividend income;

(g) Net gain/loss on sale of investments;

(h) Adjustments to the carrying amount of investments;

(i) Net gain or loss on foreign currency transaction and translation (other than considered as finance cost);

(j) Payments to the auditor as (a) auditor; (b) for taxation matters; (c) for company law matters; (d) for management services; (e) for other services; and (f) for reimbursement of expenses;

(k) In case of Companies covered under section 135, amount of expenditure incurred on corporate social responsibility activities;

(l) Details of items of exceptional and extraordinary nature;

(m) Prior period items;

(ii) (a) In the case of manufacturing companies,—

(1) Raw materials under broad heads.

(2) goods purchased under broad heads.

(b) In the case of trading companies, purchases in respect of goods traded in by the company under broad heads.

(c) In the case of companies rendering or supplying services, gross income derived from services rendered or supplied under broad heads.

(d) In the case of a company, which falls under more than one of the categories mentioned in (a), (b) and (c) above, it shall be sufficient compliance with the requirements herein if purchases, sales and consumption of raw material and the gross income from services rendered is shown under broad heads.

(e) In the case of other companies, gross income derived under broad heads.

(iii) In the case of all concerns having works in progress, works-in-progress under broad heads.

(iv) (a) The aggregate, if material, of any amounts set aside or proposed to be set aside, to reserve, but not including provisions made to meet any specific liability, contingency or commitment known to exist at the date as to which the balance sheet is made up.

(b) The aggregate, if material, of any amounts withdrawn from such reserves.

(v) (a) The aggregate, if material, of the amounts set aside to provisions made for meeting specific liabilities, contingencies or commitments.

(b) The aggregate, if material, of the amounts withdrawn from such provisions, as no longer required.

(vi) Expenditure incurred on each of the following items, separately for each item:—

(a) Consumption of stores and spare parts;

(b) Power and fuel;

(d) Repairs to buildings;

(e) Repairs to machinery;

(f) Insurance;

(g) Rates and taxes, excluding, taxes on income;

(h) Miscellaneous expenses,

(vii) (a) Dividends from subsidiary companies.

(b) Provisions for losses of subsidiary companies.

(viii) The profit and loss account shall also contain by way of a note the following information, namely:—

(a) Value of imports calculated on C.I.F basis by the company during the financial year in respect of—

I. Raw materials;

II. Components and spare parts;

III. Capital goods;

(b) Expenditure in foreign currency during the financial year on account of royalty, know-how, professional and consultation fees, interest, and other matters;

(c) Total value if all imported raw materials, spare parts and components consumed during the financial year and the total value of all indigenous raw materials, spare parts and components similarly consumed and the percentage of each to the total consumption;

(d) The amount remitted during the year in foreign currencies on account of dividends with a specific mention of the total number of non-resident shareholders, the total number of shares held by them on which the dividends were due and the year to which the dividends related;

(e) Earnings in foreign exchange classified under the following heads, namely:— I. Export of goods calculated on F.O.B. basis; II. Royalty, know-how, professional and consultation fees; III. Interest and dividend; IV. Other income, indicating the nature thereof.

Note:— Broad heads shall be decided taking into account the concept of materiality and presentation of true and fair view of financial statements.

(ix) Undisclosed income:- The Company shall give details of any transaction 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), unless there is immunity for disclosure under any scheme and also shall state whether the previously unrecorded income and related assets have been properly recorded in the books of account during the year.;

(x) Corporate Social Responsibility (CSR) Where the company covered under section 135 of the companies act, the following shall be disclosed with regard to CSR activities:-

(a) amount required to be spent by the company during the year,

(b) amount of expenditure incurred,

(d) total of previous years shortfall,

(e) reason for shortfall,

(f) nature of CSR activities

(g) details of related party transactions, e.g., contribution to a trust controlled by the company in relation to CSR expenditure as per relevant Accounting Standard,

(h) where a provision is made with respect to a liability incurred by entering into a contractual obligation, the movements in the provision during the year should be shown separately.

(xi) Details of Crypto Currency of Virtual Currency

Where the Company has traded or invested in Crypto currency or Virtual Currency during the financial year, the following shall be disclosed:-

(a) profit or loss on transactions involving Crypto currency or Virtual Currency

(b) amount or currency held as at the reporting date,

GENERAL INSTRUCTIONS FOR THE PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

1. Where a company is required to prepare Consolidated Financial Statements, i.e., consolidated balance sheet and consolidated statement of profit and loss, the company shall mutatis mutandis follow the requirements of this Schedule as applicable to a company in the preparation of balance sheet and statement of profit and loss. In addition, the consolidated financial statements shall disclose the information as per the requirements specified in the applicable Accounting Standards including the following:

(i) Profit or loss attributable to “minority interest” and to owners of the parent in the statement of profit and loss shall be presented as allocation for the period.

(ii) “Minority interests” in the balance sheet within equity shall be presented separately from the equity of the owners of the parent.

2. In Consolidated Financial Statements, the following shall be disclosed by way of additional information:

Name of the entity in Net Assets, i.e., total assets minus total Share in profit or loss

the            liabilities

1      As % of       Amount                                 As % of        Amount
Parent         consolidated net      3                            consolidated profit      5

Subsidiaries

Indian               assets                                              or loss

2.                      2                                                   4

3. . . Foreign 1. 2.

1          2  3    4  5

3.                     ________________________________ _______________________________

. .

3. All subsidiaries, associates and joint ventures (whether Indian or foreign) will be covered under consolidated financial statements.

4. An entity shall disclose the list of subsidiaries or associates or joint ventures which have not been consolidated in the consolidated financial statements along with the reasons of not consolidating.

31[Division II

Financial Statements for a company whose financial statements are drawn up in compliance of the Companies (Indian Accounting Standards) Rules, 2015.

GENERAL INSTURCTIONS FOR PREPARATION OF FINANCIAL STATEMENTS OF A COMPANY REQUIRED TO COMPLY WITH Ind AS

1. Every company to which Indian Accounting Standards apply, shall prepare its financial statements in accordance with this Schedule or with such modification as may be required under certain circumstances.

2. Where compliance with the requirements of the Act including Indian Accounting Standards (except the option of presenting assets and liabilities in the order of liquidity as provided by the relevant Ind AS) as applicable to the companies require any change in treatment or disclosure including addition, amendment, substitution or deletion in the head or sub-head or any changes inter se, in the financial or statements forming part thereof, the same shall be made and the requirements under this Schedule shall stand modified accordingly.

3. The disclosure requirements specified in the Schedule are in addition to and not in substitution of the disclosure

requirements specified in the Indian Accounting Standards. Additional disclosures specified in the Indian Accounting Standards shall be made in the Notes or by way of additional statement or statements unless required to be disclosed on the face of the Financial Statements. Similarly, all other disclosures as required by the Companies Act, 2013 shall be made in the Notes in addition to the requirements set out in this Schedule.

4. (i) Notes shall contain information in addition to that presented in the Financial Statements and shall provide where required-

(a) narrative descriptions or disaggregations of items recognised in those statements; and

(b) information about items that do not qualify for recognition in those statements.

(ii) Each item on the face of the Balance Sheet, Statement of Changes in Equity and Statement of Profit and Loss shall be cross-referenced to any related information in the Notes. In preparing the Financial Statements including the Notes, a balance shall be maintained between providing excessive detail that may not assist users of Financial Statements and not providing important information as a result of too much aggregation.

5. Depending upon the Total Income of the company, the figures appearing in the Financial Statements shall be rounded off as below:

33Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Turnover"Total Income                               Rounding off

(i) less than one hundred crore rupees To the nearest hundreds, thousands, lakhs or

(ii) one hundred crore rupees or more millions, or decimals thereof.

To the nearest, lakhs, millions or crores, or decimals thereof.

Once a unit of measurement is used, it should be used uniformly in the Financial Statements.

7. Financial Statements shall disclose all ‘material’ items, i.e., the items if they could, individually or collectively, influence the economic decisions that users make on the basis of the financial statements. Materiality depends on the size or nature of the item or a combination of both, to be judged in the particular circumstances.

8. For the purpose of this Schedule, the terms used herein shall have the same meanings assigned to them in Indian Accounting Standards.

9. Where any Act or Regulation requires specific disclosures to be made in the standalone financial statements of a company, the said disclosures shall be made in addition to those required under this Schedule.

Note: This Schedule sets out the minimum requirements for disclosure on the face of the Financial Statements, i.e., Balance Sheet, Statement of Changes in Equity for the period, the Statement of Profit and Loss for the period (The term ‘Statement of Profit and Loss’ has the same meaning as ‘Profit and Loss Account’) and Notes. Cash flow statement shall be prepared, where applicable, in accordance with the requirements of the relevant Indian Accounting Standard.

Line items, sub-line items and sub-totals shall be presented as an addition or substitution on the face of the Financial Statements when such presentation is relevant to an understanding of the company’s financial position or performance or to cater to industry or sector-specific disclosure requirements or when required for compliance with the amendments to the Companies Act, 2013 or under the Indian Accounting Standards.

PART I –BALANCE SHEET

Name of the Company ......................

Balance Sheet as at ............................

(Rupees in ............... )

Particulars                                  Note No.  Figures as at the end of Figures as at the end of

current reporting the previous reporting

period             period

1                                            2         3                  4

(1) ASSETS

Non-current assets

(a) Property, Plant and

Equipment

(b) Capital work-in-progress

(d) Goodwill

(e) Other Intangible assets

(f) Intangible assets under development

(g) Biological Assets other than bearer plants

(h) Financial Assets

(i) Investments

(ii) Trade receivables

(iii) Loans

(iv) Others (to be specified)

(i) Deferred tax assets (net)

(j) Other non-current assets

(2) Current assets

(a) Inventories

(b) Financial Assets

(i) Investments

(ii) Trade receivables

(iii) Cash and cash equivalents

(iv) Bank balances other than (iii) above

(v) Loans

(vi) Others (to be specified)

(d) Other current assets Total Assets

Trade Payables

(A) total outstanding dues of micro enterprises and small enterprises; and

(B) total outstanding dues of creditors

other than micro enterprises and

34Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "(b) Trade payables"(1)                           small enterprises.

(a) EQUITY and

LIABILITIES

Non-current liabilities

(a) Financial Liabilities

(i) Borrowings

(ia) Lease liabilities

Trade Payables

(A) total outstanding dues of micro enterprises and small enterprises; and

(B) total outstanding dues of

creditors other than micro

enterprises and small

36Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "(b) Trade payables"(2)                           enterprises.

(iii) Other financial liabilities (other than those specified in item

(b), to be specified)

(b) Provisions

(d) Other non-current

liabilities

Current liabilities

(a) Financial Liabilities

(i) Borrowings (ia) Lease liabilities

(ii) Trade payables

(iii) Other financial liabilities (other than those specified in item (c)

(b) Other current liabilities

(d) Current Tax Liabilities (Net)

Total Equity and Liabilities

See accompanying notes to the financial statements

STATEMENT OF CHANGES IN EQUITY Name of the Company ...............................

A. Equity Share Capital

(1) Current reporting period

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"Balance at the           Changes in Equity Restated balance at                 Changes in equity   Balance at the end
beginning of the                                                               share capital       of the current
current reporting        Share Capital due to the beginning of the             during the current  reporting period
period                                                                         year
                         prior period errors                current reporting

period

(2) Previous reporting period

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"Balance at the                                 Changes in Equity                       Restated balance at the       Changes in equity share Balance at the end of
beginning of the                               Share Capital due to                    beginning of the
previous reporting                             prior period errors                     previous reporting            capital during the                          the previous reporting
period                                                                                 period
                                                                                                                     previous year                               period

B. Other Equity

(1) Current reporting period

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"Reserves and Surplus                                                               Exchange

differences

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"Share    Equity                                               Debt instru-  Equity Instru-  Effective             on trans-         Other items  Money
                       applica-                                                                                      portion of            lating the         of Other    received
                                  component                           Other            ments through ments           Cash Flow   Revaluat  financial          Compre-     against Total
                         tion                                         Reserv Retained                                Hedges       ion      state-             hensive     share
                       money      of compound  Capital  39Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "Securities Premium Reserve"Securities  es Earnings                    through                      Surplus  ments of a         Income      warrants
                       pending    financial    Reserve   Premium      (specif                                                              foreign            (specify
                       allotment  instruments            Reserve                      Other         Other                                 operation          nature)

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"Balance at the                                                                        Comprehensive Comprehensive

beginning of the

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"current reporting                                                     y                Income        Income

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"period                                                          nature)

Changes in accounting policy or prior period errors

Restated balance at

the beginning of the current reporting

period

Total

Comprehensive Income for the Current year

Dividends

Transfer to retained earnings

Any other change (to be

specified)

Balance at the end of the

current reporting period

(2) Previous reporting period

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"Share    Equity                                                        Reserves and Surplus

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"application componen Capital Securities Other Retained Debt                          Equity Effective Revaluation Exchange Other Money                                         Total
                money    t of
                pending  compound    Reserve   Premium                Reserves Earnings instruments Instruments portion of Surplus                      difference items of received

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"allotment financial                                   (specify         through through Cash Flow                                        s on              Other against share

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"instrument                                   nature)          Other         Other           Hedges                             translating Compre warrants

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"s                                                             Comprehen Comprehen                                              the               hensive

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"sive Income sive Income                                          financial Income

statements (specify

38Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "Statement of Changes in Equity"of a              nature)

foreign

operation

Balance at the

Beginning of the previous

reporting period Changes in accounting policy/prior period errors Restated balance at the beginning of the previous reporting

period

Total Comprehensiv e Income for the previous

year

Dividends

Transfer to retained earnings

Any other change (to be

specified)

Balance at the end of the previous reporting period

Note: Remeasurement of defined benefit plans and fair value changes relating to own credit risk of financial liabilities designated at fair value through profit or loss shall be recognized as a part of retained earnings with separate disclosure of such items alongwith the relevant amounts in the Notes or shall be shown as a separate column under Reserves and Surplus.

Notes:

GENERAL INSTRUCTIONS FOR PREPARATION OF BALANCE SHEET A. Non-Current Assets

I. Property, Plant and Equipment :

(i) Classification shall be given as:

(a) Land

(b) Buildings

(d) Furniture and Fixtures

(e) Vehicles

(f) Office equipment

(g) Bearer Plants

(h) Others (specify nature)

(ii) Assets under lease shall be separately specified under each class of assets.

II. Investment Property:

A reconciliation of the gross and net carrying amounts of each class of property at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately.

III Goodwill:

A reconciliation of the gross and net carrying amount of goodwill at the beginning and end of the reporting period showing additions, impairments, disposals and other adjustments.

IV. Other Intangible assets:

(i) Classification shall be given as:

(a) Brands or trademarks

(b) Computer software

(d) Mining rights

(e) Copyrights, patents, other intellectual property rights, services and operating rights

(f) Recipes, formulae, models, designs and prototypes

(g) Licenses and franchises

(h) Others (specify nature)

(ii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of intangible assets) and other adjustments and the related amortization and impairment losses or reversals shall be disclosed separately.

V. Biological Assets other than bearer plants:

A reconciliation of the carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations and other adjustments shall be disclosed separately. VI. Investments:

(i) Investments shall be classified as:

(a) Investments in Equity Instruments;

(b) Investments in Preference Shares;

(d) Investments in debentures or bonds;

(e) Investments in Mutual Funds;

(f) Investments in partnership firms; or

(g) Other investments (specify nature).

Under each classification, details shall be given of names of the bodies corporate that are-

(i) subsidiaries,

(ii) associates,

(iii) joint ventures, or

(iv) structured entities,

in whom investments have been made and the nature and extent of the investment so made in each such body corporate (showing separately investments which are partly-paid). Investments in partnership firms along alongwith names of the firms, their partners, total capital and the shares of each partner shall be disclosed separately.

The following shall also be disclosed:

(a) Aggregate amount of quoted investments and market value thereof;

(b) Aggregate amount of unquoted investments; and

VII. Trade Receivables:

(i) Trade receivables shall be sub-classified as:

42Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "VII. Trade Receivable"(a)           Trade Receivables considered good – Secured;

42Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "VII. Trade Receivable"(b)           Trade Receivables considered good – Unsecured;

42Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "VII. Trade Receivable"(c)           Trade Receivables which have significant increase in Credit Risk; and

42Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "VII. Trade Receivable"(d)           Trade Receivables - credit impaired.

(ii) Allowance for bad and doubtful debts shall be disclosed under the relevant heads separately.

(iii) Debts due by directors or other officers of the company or any of them either severally or jointly with any other person or debts due by firms or private companies respectively in which any director is a partner or a director or a member should be separately stated.

(iv) Trade Receivables ageing schedule

(Amount in Rs.)

43Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars                   Outstanding for following periods from due date of payment#

43Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 6      6 months -1         1-2 years              2-3 years  More than 3         Total
                              months           year                                                  years

(i) Undisputed Trade

43Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Receivables                -

considered good

(ii) Undisputed Trade Receivables- which have significant increase in credit risk

(iii) Undisputed Trade Receivables-credit impaired

(iv) Disputed Trade Receivables-considered good

(v) Disputed Trade

Receivables – which

43Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021have       significant

increase in credit risk

(vi) Disputed Trade Receivables- credit impaired

#similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately;

VIII. Loans:

(i) Loans shall be classified as-

(b) Loans to related parties (giving details thereof); and

(ii) Loans Receivables shall be sub-classified as:

(a) Loans Receivables considered good – Secured;

45Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "VIII. Trade Receivable"(b)            Loans Receivables considered good - Unsecured;

45Substituted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018. Earlier read: "VIII. Trade Receivable"(c)            Loans Receivables which have significant increase in Credit Risk; and

(d) Trade Receivables - credit impaired.

(iii) Allowance for bad and doubtful loans shall be disclosed under the relevant heads separately.

(iv) Loans 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 should be separately stated.

IX. Other financial assets

(i) Security Deposits

(ii) Bank deposits with more than 12 months maturity

(iii) others (to be specified)

IX. Other non-current assets: Other non-current assets shall be classified as-

(i) Capital Advances; and

(ii) Advances other than capital advances;

(1) Advances other than capital advances shall be classified as:

(a) Security Deposits;

(b) Advances to related parties (giving details thereof); and

(2) Advances to directors or other officers of the company or any of them either severally or jointly with any other persons or

advances to firms or private companies respectively in which any director is a partner or a director or a member should be separately

stated. In case advances are of the nature of a financial asset as per relevant Ind AS, these are to be disclosed under ‘other financial

assets’ separately.

(iii) Others (specify nature).

B. Current Assets

I.         Inventories:

(i)        Inventories shall be classified as-

(a) Raw materials;

(b) Work-in-progress;

(d) Stock-in-trade (in respect of goods acquired for trading);

(e) Stores and spares;

(f) Loose tools; and

(g) Others (specify nature).

(ii) Goods-in-transit shall be disclosed under the relevant sub-head of inventories.

(iii) Mode of valuation shall be stated.

II.        Investments:

(i)        Investments shall be classified as-

(a) Investments in Equity Instruments;

(b) Investment in Preference Shares;

(d) Investments in debentures or bonds;

(e) Investments in Mutual Funds;

(f) Investments in partnership firms; and

(g) Other investments (specify nature). Under each classification, details shall be given of names of the bodies corporate that are-

(i) subsidiaries,

(ii) associates,

(iii) joint ventures, or

(iv) structured entities, in whom investments have been made and the nature and extent of the investment so made in each such body corporate (showing separately investments which are partly-paid).

(ii) The following shall also be disclosed-

(a)       Aggregate amount of quoted investments and market value thereof;

(b)       Aggregate amount of unquoted investments;

(c)       Aggregate amount of impairment in value of investments.

III.            Trade Receivables:

(i) Trade receivables shall be sub-classified as:

(a) Loans Receivables considered good – Secured;

(b) Loans Receivables considered good - Unsecured;

(d) Trade Receivables - credit impaired.

(ii) Allowance for bad and doubtful debts shall be disclosed under the relevant heads separately.

(iv) For trade receivable outstanding, following ageing schedule shall be given: Trade Receivables ageing schedule

(Amount in Rs.)

48Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars                                    Outstanding for following periods from due date of payment#

48Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 6 months  6 months - 1-2          2-3 More than Total

years 3 years

48Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 20211 year           years

(i) Undisputed Trade

receivables- considered good

(ii) Undisputed Trade Receivables -which have significant increase in credit risk

48Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021(iii)     Undisputed               Trade

Receivables-credit impaired

(iv) Disputed Trade Receivables-considered good

(v) Disputed Trade Receivables-which have significant increase in credit risk

(iv) Disputed Trade Receivables - credit impaired

# similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately.

IV. Cash and cash equivalents: Cash and cash equivalents shall be classified as-

a. Balances with Banks (of the nature of cash and cash equivalents); b. Cheques, drafts on hand; c. Cash on hand; and d. Others (specify nature). V. Loans:

(i) Loans shall be classified as:

(a)

(b) Loans to related parties (giving details thereof); and

(ii) Trade receivables shall be sub-classified as:

(a) Loans Receivables considered good – Secured;

50Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 11 October 2018. Earlier read: "V. Loans"(b)       Loans Receivables considered good - Unsecured;

50Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 11 October 2018. Earlier read: "V. Loans"(c)       Loans Receivables which have significant increase in Credit Risk; and

(d) Trade Receivables - credit impaired.

(iii) Allowance for bad and doubtful loans shall be disclosed under the relevant heads separately.

(iv) Loans due by directors or other officers of the company or any of them either severally or jointly with any other person or amounts due by firms or private companies respectively in which any director is a partner or a director or a member shall be separately stated. VA. Other Financial Assets: This is an all-inclusive heading, which incorporates financial assets that do not fit into any other financial asset categories, such as, Security Deposits.

VI. Other current assets (specify nature): This is an all-inclusive heading, which incorporates current assets that do not fit into any other asset categories. Other current assets shall be classified as-

(i) Advances other than capital advances

(1) Advances other than capital advances shall be classified as:

(a) Security Deposits;

(b) Advances to related parties (giving details thereof);

(2) Advances to directors or other officers of the company or any of them either severally or jointly with any other persons or advances to firms or private companies respectively in which any director is a partner or a director or a member should be separately stated.

(ii) Others (specify nature)

C. Cash and Bank balances: The following disclosures with regard to cash and bank balances shall be made:

(a) Earmarked balances with banks (for example, for unpaid dividend) shall be separately stated.

(b) Balances with banks to the extent held as margin money or security against the borrowings, guarantees, other commitments shall be disclosed separately.

D. Equity

I.        Equity Share Capital: For each class of equity share capital:

(a) the number and amount of shares authorised;

(b) the number of shares issued, subscribed and fully paid, and subscribed but not fully paid;

(d) a reconciliation of the number of shares outstanding at the beginning and at the end of the period;

(e) the rights, preferences and restrictions attaching to each class of shares including restrictions on the distribution of dividends and the repayment of capital;

(f) shares in respect of each class in the company held by its holding company or its ultimate holding company including shares held by subsidiaries or associates of the holding company or the ultimate holding company in aggregate;

(g) shares in the company held by each shareholder holding more than five per cent. shares specifying the number of shares held;

(h) shares reserved for issue under options and contracts or commitments for the sale of shares or disinvestment, including the terms and amounts;

(i) for the period of five years immediately preceding the date at which the Balance Sheet is prepared-

•         aggregate number and class of shares allotted as fully paid up pursuant to contract without payment being received in cash;

•         aggregate number and class of shares allotted as fully paid up by way of bonus shares; and

•         aggregate number and class of shares bought back;

(j) terms of any securities convertible into equity shares issued along with the earliest date of conversion in descending order starting from the farthest such date;

(k) calls unpaid (showing aggregate value of calls unpaid by directors and officers);

(l) forfeited shares (amount originally paid up).

(m) A company shall disclose Shareholding of Promoters* as under:

52Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Shares held by promoters at the end of the year              % Change during the year***

52Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021S.No        Promoter name No. of Shares*** %of total shares

Total

*Promoter hare means promoter as defined in the Companies Act, 2013. ** Details shall be given separately for each class of shares

*** percentage change shall be computed with respect to the number at the beginning of the year or if issued during the year for the first time then with respect to the date of issue.

II.       Other Equity:

(i)            ‘Other Reserves’ shall be classified in the notes as-

(a)      Capital Redemption Reserve;

(b)      Debenture Redemption Reserve;

(c)      Share Options Outstanding Account; and

(d)      Others– (specify the nature and purpose of each reserve and the amount in respect thereof); (Additions and deductions

since last balance sheet to be shown under each of the specified heads)

(ii) Retained Earnings represents surplus i.e. balance of the relevant column in the Statement of Changes in Equity;

(iii) A reserve specifically represented by earmarked investments shall disclose the fact that it is so represented;

(iv) Debit balance of Statement of Profit and Loss shall be shown as a negative figure under the head ‘retained earnings’. Similarly, the balance of ‘Other Equity’, after adjusting negative balance of retained earnings, if any, shall be shown under the head ‘Other Equity’ even if the resulting figure is in the negative; and

(v)            Under the sub-head ‘Other Equity’, disclosure shall be made for the nature and amount of each item.

E.             Non-Current Liabilities

I.             Borrowings:

(i)            borrowings shall be classified as-

(a) Bonds or debentures

(b) Term loans

(I) from banks

(II) from other parties

(d) Deposits

(e) Loans from related parties

(g) Liability component of compound financial instruments

(h) Other loans (specify nature);

(ii) borrowings shall further be sub-classified as secured and unsecured. Nature of security shall be specified separately in each case.

(iii) where loans have been guaranteed by directors or others, the aggregate amount of such loans under each head shall be disclosed;

(iv) bonds or debentures (along with the rate of interest, and particulars of redemption or conversion, as the case may be) shall be stated in descending order of maturity or conversion, starting from farthest redemption or conversion date, as the case may be. Where bonds/debentures are redeemable by installments, the date of maturity for this purpose must be reckoned as the date on which the first installment becomes due;

(v) particulars of any redeemed bonds or debentures which the company has power to reissue shall be disclosed;

(vi) terms of repayment of term loans and other loans shall be stated; and

(vii) period and amount of default as on the balance sheet date in repayment of borrowings and interest shall be specified separately in each case. II. Provisions: The amounts shall be classified as-

(a) Provision for employee benefits; and

(b) Others (specify nature).

III. Other non-current liabilities;

(a) Advances; and

(b) Others (specified nature).

F.    Current Liabilities

I.    Borrowings:

(i) Borrowings shall be classified as-

(a) Loans repayable on demand

(I) from banks

(II) from other parties

(b) Loans from related parties

(d) Other loans (specify nature);

(ii) borrowings shall further be sub-classified as secured and unsecured. Nature of security shall be specified separately in each case;

(iii) where loans have been guaranteed by directors or others, the aggregate amount of such loans under each head shall be disclosed;

(iv) period and amount of default as on the balance sheet date in repayment of borrowings and interest, shall be specified separately in each case.

(v) Current maturities of Long term borrowing shall be disclosed separately.

II. Other Financial Liabilities: Other Financial liabilities shall be classified as-

(d) Unpaid dividends;

(e) Application money received for allotment of securities to the extent refundable and interest accrued thereon;

(f) Unpaid matured deposits and interest accrued thereon;

(g) Unpaid matured debentures and interest accrued thereon; and

(h) Others (specify nature).

‘Long term debt’ is a borrowing having a period of more than twelve months at the time of origination III. Other current liabilities:

The amounts shall be classified as-

(a) revenue received in advance;

(b) other advances (specify nature); and

(i) provision for employee benefits; and

(ii) others (specify nature).

FA. Trade Payables

The following details relating to Micro, Small and Medium Enterprises shall be disclosed in the notes:-

(a) the principal amount and the interest due thereon (to be shown separately) remaining unpaid to any supplier at the end of each accounting year;

(b) the amount of interest paid by the buyer in terms of section 16 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006), along with the amount of the payment made to the supplier beyond the appointed day during each accounting year;

(d) the amount of interest accrued and remaining unpaid at the end of each accounting year; and

Explanation.-The terms 'appointed day', 'buyer',' enterprise', 'micro enterprise', 'small enterprise' and 'supplier', shall have the same meaning assigned to those under clauses (b), (d), (e), (h), (m) and (n) respectively of section 2 of the Micro, Small and Medium Enterprises Development Act, 2006.

FB. For trade payables due for payment, following ageing schedule shall be given:

Trade payable aging schedule

(Amount in Rs.)

57Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars                           Outstanding for following periods from due date of payment#

57Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 year 1-2 years                       2-3 years  More than 3 Total

years

(i) MSME

(ii) Others

(iii) Disputed dues- MSME

(iv) Disputed dues- Others

#similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately

G. The presentation of liabilities associated with group of assets classified as held for sale and non-current assets classified as

held for sale shall be in accordance with the relevant Indian Accounting Standards (Ind ASs).

H. Contingent Liabilities and Commitments:

(to the extent not provided for)

(i) Contingent Liabilities shall be classified as-

(a) claims against the company not acknowledged as debt;

(b) guarantees excluding financial guarantees; and

(ii) Commitments shall be classified as-

(a) estimated amount of contracts remaining to be executed on capital account and not provided for;

(b) uncalled liability on shares and other investments partly paid; and

I. The amount of dividends proposed to be distributed to equity and preference shareholders for the period and the related amount per share shall be disclosed separately. Arrears of fixed cumulative dividends on irredeemable preference shares shall also be disclosed separately.

J. Where in respect of an issue of securities made for a specific purpose the whole or part of amount has not been used for the specific purpose at the Balance Sheet date, there shall be indicated by way of note how such unutilised amounts have been used or invested.

JA. Where the company has not used the borrowings from banks and financial institutions for the specific purpose for which it was taken at the balance sheet date, the company shall disclose the details of where they have been used.

L. Additional Regulatory Information

(i) Title deeds of Immovable Properties not held in name of the Company

The company shall provide the details of all the immovable properties (other than properties where the Company is the lessee and the lease agreements are duly executed in favour of the lessee) whose title deeds are not held in the name of the company in following format and where such immovable property is jointly held with others, details are required to be given to the extent of the company’s share.

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Relevant line item  Description  Gross     Title     Whether title deed     Property                   Reason for not being
in the Balance      of item of   carrying  deeds     holder is a promoter,  held                       held in the name of
sheet               property     value     held in   director or relative#  since                      the company**

the name of promoter*/director which

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021of        or employee of         date                       **also indicate if in
                                                     promoter/director                                 dispute

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021PPE                 Land         -         -         -

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021-                   Building

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Investment          Land

property

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021-                   Building

Non-current asset Land

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021held for sale       Building

others #Relative here means relative as defined in the Companies Act, 2013. *Promoter here means promoter as defined in the Companies Act, 2013.

(ii) The Company shall disclose as to whether the fair value of investment property (as measured for disclosure purposes in the financial statements) is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(iii) Where the Company has revalued its Property, Plant and Equipment (including Right-of-Use Assets), the company shall disclose as to whether the revaluation is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(iv)Where the company has revalued its intangible assets, the company shall disclose as to whether the revaluation is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(v) The following disclosures shall be made where Loans or Advances in the nature of loans are granted to promoters, director, KMPs and the related parties (as defined under Companies Act, 2013), either severally or jointly with any other person, that are:

(a) repayable on demand; or

(b) without specifying any terms or period of repayment,

Type of Borrower Amount of loan or advance in the nature Percentage to the total Loans and

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021of loan outstanding                            Advances in the nature of loans

Promoter

Directors

KMPs

Related Parties

(vi) Capital-Work-in Progress (CWIP)

(a) For Capital-work-in progress, following ageing schedule shall be given:

CWIP aging schedule

(Amount in Rs.)

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021CWIP                                     Amount in CWIP for a period of                                Total*

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 year 1-2 years                2-3 years           More than 3 years

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Projects     in

progress

Projects temporarily suspended

*Total shall tally with CWIP amount in the balance sheet.

(b) For capital-work in progress, whose completion is overdue or has exceeded its cost compared to its original plan, following CWIP completion schedule shall be given**:

(Amount in Rs.)

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021CWIP                                                 To be completed in

Project 1

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 year  1-2 years         2-3 years           More than 3 years

Project 2” ** Details of projects where activity has been suspended shall be given separately.

(vii) Intangible assets under development:

(a) For Intangible assets under development, following ageing schedule shall be given: Intangible assets under development aging schedule

(Amount in Rs.)

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Intangible assets                    Amount in CWIP for a period of                              Total*

under development

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 year 1-2 year  2-3 years                More than 3 years

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Projects     in

progress

Projects temporarily suspended

*Total shall tally with the amount of Intangible assets under development in the balance sheet.

(b) For Intangible assets under development, whose completion is overdue or has exceeded its cost compared to its original plan, the following Intangible assets under development completion schedule shall be given**:

(Amount in Rs.)

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Intangible         Less than 1 year                To be completed in  More than 3 years
assets under                         1-2 years 2-3 years

development

Project 1

Project 2”

** Details of projects where activity has been suspended shall be given separately.

(viii) Details of Benami Property held Where any proceeding has been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder, the company shall disclose the following:-

(a) Details of such property,

(b) Amount thereof,

(d) If property is in the books, then reference to the item in the Balance Sheet,

(e) If property is not in the books, then the fact shall be stated with reasons,

(f) Where there are proceedings against the company under this law as an abetter of the transaction or as the transferor then the details shall be provided,

(g) Nature of proceedings, status of same and company‘s view on same.

(ix) where the Company has borrowings from banks or financial institutions on the basis of security of current assets, it shall disclose the following:-

(a) whether quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts;

(b) if not, summary of reconciliation and reasons of material discrepancies, if any to be adequately disclosed.

(x) Wilful Defaulter*

Where a company is a declared wilful defaulter by any bank or financial Institution or other lender, following details shall be given:

(a) Date of declaration as willful defaulter,

(b) Details of defaults (amount and nature of defaults)

* wilful defaulter” here means a person or an issuer who or which is categorized as a willful defaulter by any bank or financial institution (as defined under the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India.

(xi) Relationship with Struck off Companies

Where the company has any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956, the Company shall disclose the following details, namely:-

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Name of struck off     Nature of transactions with struck- Balance outstanding Relationship with the Struck off

Company

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021off Company                        company, if any, to be disclosed

Investment in securities

Receivables

Payables

Shares held by stuck off company

Other outstanding balances (to be specified)

(xiii) Compliance with number of layers of companies Where the company has not complied with the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017, the name and CIN of the companies beyond the specified layers and the relationship or extent of holding of the company in such downstream companies shall be disclosed.

(xiv) Following Ratios to be disclosed:-

(a) Current Ratio,

(b) Debt-Equity Ratio,

(d) Return on Equity Ratio,

(e) Inventory turnover ratio,

(f) Trade Receivables turnover ratio,

(g) Trade payables turnover ratio,

(h) Net capital turnover ratio,

(i) Net profit ratio,

(j) Return on Capital employed,

(k) Return on investment.

The company shall explain the items included in numerator and denominator for computing the above ratios. Further

explanation shall be provided for any change in the ratio by more than 25% as compared to the preceding year.

(xv) Compliance with approved Scheme(s) of Arrangements

Where the Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013, the company shall disclose that the effect of such Scheme of Arrangements have been accounted for in the books of account of the Company ‘in accordance with the Scheme’ and ‘in accordance with accounting standards’ and any deviation in this regard shall be explained.

(xvi) Utilisation of Borrowed funds and share premium:

(A) Where company has advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall

(i) 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

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

the company shall disclose the following:-

(I) date and amount of fund advanced or loaned or invested in Intermediaries with complete details of each Intermediary.

(II) date and amount of fund further advanced or loaned or invested by such Intermediaries to other intermediaries or Ultimate Beneficiaries alongwith complete details of the ultimate beneficiaries.

(III) date and amount of guarantee, security or the like provided to or on behalf of the Ultimate Beneficiaries

(B) Where a company has 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

(i) 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

(ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries, the company shall disclose the following:-

(I) date and amount of fund received from Funding parties with complete details of each Funding party.

(II) date and amount of fund further advanced or loaned or invested other intermediaries or Ultimate Beneficiaries alongwith complete details of the other intermediaries‘ or ultimate beneficiaries.

(III) date and amount of guarantee, security or the like provided to or on behalf of the Ultimate Beneficiaries

7. When a company applies an accounting policy retrospectively or makes a restatement of items in the financial statements or when it reclassifies items in its financial statements, the company shall attach to the Balance Sheet, a “Balance Sheet” as at the beginning of the earliest comparative period presented.

8. Share application money pending allotment shall be classified into equity or liability in accordance with relevant Indian Accounting Standards. Share application money to the extent not refundable shall be shown under the head Equity and share application money to the extent refundable shall be separately shown under ‘Other financial liabilities’.

9. Preference shares including premium received on issue, shall be classified and presented as ‘Equity’ or ‘Liability’ in accordance with the requirements of the relevant Indian Accounting Standards. Accordingly, the disclosure and presentation requirements in this regard applicable to the relevant class of equity or liability shall be applicable mutatis mutandis to the preference shares. For instance, plain vanilla, redeemable preference shares shall be classified and presented under ‘non-current liabilities’ as ‘borrowings’ and the disclosure requirements in this regard applicable to such borrowings shall be applicable mutatis mutandis to redeemable preference shares.

10. Compound financial instruments such as convertible debentures, where split into equity and liability components, as per the requirements of the relevant Indian Accounting Standards, shall be classified and presented under the relevant heads in ‘Equity’ and ‘Liabilities’

11. Regulatory Deferral Account Balances shall be presented in the Balance Sheet in accordance with the relevant Indian Accounting Standards.

PART II – STATEMENT OF PROFIT AND LOSS Name of the Company........................... Statement of Profit and Loss for the period ended...............................

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars                                        Note No.  Figures for           (Rupees in ............... )

the current

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021I Revenue From Operations                                            reporting                    Figures for
II Other Income                                                      period                       the

previous reporting period

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021III          Total Income (I+II)

IV EXPENSES

Cost of materials consumed

Purchases of Stock-in-Trade

Changes in inventories of finished goods, Stock-in -Trade and work-in-progress

Employee benefits expense Finance costs Depreciation and amortization expense Other expenses

Total expenses (IV)

V Profit/(loss) before exceptional items and tax (I- IV)

VI Exceptional Items VII Profit/(loss) before tax

(V-VI) VIII Tax expense:

(1) Current tax

(2) Deferred tax IX Profit (Loss) for the period from continuing operations (VII-VIII) X Profit/(loss) from discontinued operations XI Tax expense of discontinued operations XII Profit/(loss) from Discontinued operations (after tax) (X-XI) XIII Profit/(loss) for the period (IX+XII)

XIV Other Comprehensive Income

A (i) Items that will not be reclassified to profit or loss

(ii) Income tax relating to items that will not be reclassified to profit or loss

B (i) Items that will be reclassified to profit or loss

(ii) Income tax relating to items that will be reclassified to profit or loss

XV Total Comprehensive Income for the period (XIII+XIV)(Comprising Profit (Loss) and Other Comprehensive Income for the period)

XVI Earnings per equity share (for continuing operation):

(1) Basic

XVII (2) Diluted

Earnings per equity share (for discontinued operation):

(1) Basic

(2) Diluted XVIII Earnings per equity share(for discontinued

& continuing operations)

(1) Basic

(2) Diluted

See accompanying notes to the financial statements

Notes:

GENERAL INSTRUCTIONS FOR PREPARATION OF STATEMENT OF PROFIT AND LOSS

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 20211.        The provisions of this Part shall apply to the income and expenditure account, in like manner as they apply to a

Statement of Profit and Loss.

2. The Statement of Profit and Loss shall include:

(1) Profit or loss for the period;

(2) Other Comprehensive Income for the period. The sum of (1) and (2) above is ‘Total Comprehensive Income’.

3. Revenue from operations shall disclose separately in the notes

(a) sale of products (including Excise Duty);

(b) sale of services; (ba) Grants or donations received (relevant in case of section 8 companies only); and

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 20214.        Finance Costs: Finance costs shall be classified as-

(a) interest;

(b) dividend on redeemable preference shares;

(d) other borrowing costs (specify nature).

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 20215         Other income: Other income shall be classified as-

(a) interest Income;

(b) dividend Income; and

6. Other Comprehensive Income shall be classified into-

(A) Items that will not be reclassified to profit or loss

(i) Changes in revaluation surplus;

(ii) Remeasurements of the defined benefit plans;

(iii) Equity Instruments through Other Comprehensive Income;

(iv) Fair value changes relating to own credit risk of financial liabilities designated at fair value through profit or loss;

(v) Share of Other Comprehensive Income in Associates and Joint Ventures, to the extent not to be classified into profit or loss; and

(vi) Others (specify nature).

(B) Items that will be reclassified to profit or loss;

(i) Exchange differences in translating the financial statements of a foreign operation;

(ii) Debt Instruments through Other Comprehensive Income;

(iii) The effective portion of gains and loss on hedging instruments in a cash flow hedge;

(iv) Share of Other Comprehensive Income in Associates and Joint Ventures, to the extent to be classified into profit or loss; and

(v) Others (specify nature).

7. Additional Information: A Company shall disclose by way of notes, additional information regarding aggregate expenditure

and income on the following items:

(a) employee Benefits expense [showing separately (i) salaries and wages, (ii) contribution to provident and other funds,

(iii) share based payments to employees, (iv) staff welfare expenses].

(b) depreciation and amortisation expense;

(c) any item of income or expenditure which exceeds one per cent of the revenue from operations or Rs.10,00,000, whichever is higher, in addition to the consideration of ‘materiality’ as specified in clause 7 of the General Instructions for Preparation of Financial Statements of a Company;

(d) interest Income;

(e) interest Expense;

(f) dividend income;

(g) net gain or loss on sale of investments;

(h) net gain or loss on foreign currency transaction and translation (other than considered as finance cost);

(i) payments to the auditor as (a) auditor, (b) for taxation matters, (c) for company law matters, (d) for other services, (e) for reimbursement of expenses;

(j) in case of companies covered under section 135, amount of expenditure incurred on corporate social responsibility activities; and

(k) details of items of exceptional nature;

(l) Undisclosed income

The Company shall give details of any transaction 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), unless there is immunity for disclosure under any scheme and shall also state whether the previously unrecorded income and related assets have been properly recorded in the books of account during the year.

(m) Corporate Social Responsibility (CSR)

Where the company covered under section 135 of the Companies Act, the following shall be disclosed with regard to CSR activities:-

(i) amount required to be spent by the company during the year,

(ii) amount of expenditure incurred,

(iii) shortfall at the end of the year,

(iv) total of previous years shortfall,

(v) reason for shortfall,

(vi) nature of CSR activities,

(vii) details of related party transactions, e.g., contribution to a trust controlled by the company in relation to CSR expenditure as per relevant Accounting Standard,

(viii) where a provision is made with respect to a liability incurred by entering into a contractual obligation, the movements in the provision during the year shall be shown separately.

(n) details of Crypto Currency or Virtual Currency

Where the Company has traded or invested in Crypto currency or Virtual Currency during the financial year, the following shall be disclosed:-

(i) profit or loss on transactions involving Crypto currency or Virtual Currency,

(ii) amount of currency held as at the reporting date,

(iii) deposits or advances from any person for the purpose of trading or investing in Crypto Currency or virtual currency.

8. Changes in Regulatory Deferral Account Balances shall be presented in the Statement of Profit and Loss in accordance with the relevant Indian Accounting Standards.

PART III- GENERAL INSTRUCTIONS FOR THE PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

1. Where a company is required to prepare Consolidated Financial Statements, i.e., consolidated balance sheet, consolidated statement of changes in equity and consolidated statement of profit and loss, the company shall mutatis mutandis follow the requirements of this Schedule as applicable to a company in the preparation of balance sheet, statement of changes in equity and statement of profit and loss. In addition, the consolidated financial statements shall disclose the information as per the requirements specified in the applicable Indian Accounting Standards notified under the Companies (Indian Accounting Standards) Rules 2015, including the following, namely:-

(i) Profit or loss attributable to ‘non-controlling interest’ and to ‘owners of the parent’ in the statement of profit and loss shall be presented as allocation for the period. Further, ‘total comprehensive income’ for the period attributable to ‘non-controlling interest’ and to ‘owners of the parent’ shall be presented in the statement of profit and loss as allocation for the period. The aforesaid disclosures for ‘total comprehensive income’ shall also be made in the statement of changes in equity. In addition to the disclosure requirements in the Indian Accounting Standards, the aforesaid disclosures shall also be made in respect of ‘other comprehensive income’.

(ii) ‘Non-controlling interests’ in the Balance Sheet and in the Statement of Changes in Equity, within equity, shall be presented separately from the equity of the ‘owners of the parent’.

(iii) Investments accounted for using the equity method.

2. In Consolidated Financial Statements, the following shall be disclosed by way of additional information:

Name of the entity in the Net Assets, i.e., total Share in profit or Share in other Share in total

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Group                                          loss

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021assets minus total                                  comprehensive  comprehensive
                           liabilities                                         income         income

Amount

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021As  % of Amount As % of          Amount As          % of

Amount As % of total comprehensi

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021consolidate         consolidate                     consolidated   ve income
                           d net assets        d profit or                     other

60Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021loss                            comprehensi

ve income

Parent

Subsidiaries Indian 1.

2. 3.

. . Foreign

1. 2. 3.

. . Non-controlling

Interests in all subsidiaries Associates (Investment as per the equity method) Indian

1. Foreign

1. 2. 3. .

Joint Ventures (investment as per the equity method)

Indian

1. 2. 3.

Foreign

1. 2. 3. .

Total

3. All subsidiaries, associates and joint ventures (whether Indian or foreign) will be covered under consolidated financial statements.

Division III

Financial Statements for a Non-Banking Financial Company (NBFC) whose financial statements are drawn up in compliance of the Companies (Indian Accounting Standards) Rules, 2015.

GENERAL INSTURCTIONS FOR PREPARATION OF FINANCIAL STATEMENTS OF A NON-BANKING FINANCIAL COMPANY (NBFC) THAT IS REQUIRED TO COMPLY WITH INDIAN ACCOUNTING STAND-ARDS (Ind AS)

1. Every Non-Banking Financial company as defined in the Companies (Indian Accounting Standards) (Amend-ment) Rules, 2016 to which Indian Accounting Standards apply, shall prepare its financial statements in accordance with this Schedule or with such modification as may be required under certain circumstances.

2. Where compliance with the requirements of relevant Act, Regulations, Guidelines or Circulars issued by the relevant regulator from time to time including Indian Accounting Standards (Ind AS) (except the option of pre-senting assets and liabilities in accordance with current, non-current classification as provided by relevant Ind AS) as applicable to the NBFCs require any change in treatment or disclosure including addition, amendment, substitution or deletion in the head or sub-head or any changes inter se, in the financial statements or statements forming part thereof, the same shall be made and the requirements under this Schedule shall stand modified accordingly.

3. The disclosure requirements specified in this Schedule are in addition to and not in substitution of the disclosure

requirements specified in the Indian Accounting Standards. Additional disclosures specified in the Indian Ac-counting Standards shall be made in the Notes or by way of additional statement or statements unless required to be disclosed on the face of the Financial Statements. Similarly, all other disclosures as required by the Companies Act, 2013 shall be made in the Notes in addition to the requirements set out in this Schedule.

4. (i) Notes shall contain information in addition to that presented in the Financial Statements and shall provide where required-

(a) narrative descriptions or disaggregations of items recognised in those statements; and

(b) information about items that do not qualify for recognition in those statements.

(ii) Each item on the face of the Balance Sheet, Statement of Changes in Equity and Statement of Profit and Loss shall be cross-referenced to any related information in the Notes. In preparing the Financial Statements including the Notes, a balance shall be maintained between providing excessive details that may not assist users of Financial Statements and not providing important information as a result of too much aggregation.

5. Depending upon the total income of the NBFC, the figures appearing in the Financial Statements shall be rounded off as below:

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Total Income                                 Rounding off

(i) less than one hundred crore rupees To the nearest hundreds, thousands, lakhs or millions, or decimals thereof.

(ii) one hundred crore rupees or more To the nearest, lakhs, millions or crores, or decimals thereof.

Once a unit of measurement is used, it should be used uniformly in the Financial Statements.

8. For the purpose of this Schedule, the terms used herein shall have the same meanings assigned to them in Indian Accounting Standards.

9. Where any Act, Regulation, Guidelines or Circulars issued by the relevant regulators from time to time requires specific disclosures to be made in the standalone financial statements of an NBFC, the said disclosures shall be made in addition to those required under this Schedule.

10. The NBFCs preparing financial statements as per this Schedule may change the order of presentation of line items

on the face of financial statements or order of line items within the schedules in order of liquidity, if appropriate, considering the operations performed by the NBFC.

Line items, sub-line items and sub-totals shall be presented as an addition or substitution on the face of the Financial Statements when such presentation is relevant to an understanding of the NBFC’s financial position or performance or to cater to categories of NBFCs as prescribed by the relevant regulator or sector-specific disclosure requirements or when required for compliance with the amendments to the relevant statutes or under the Indian Accounting Standards. PART I –BALANCE SHEET Name of the Non-Banking Financial Company……………………. Balance Sheet as at ………………………

Note Figures as at the end of Figures as at the end of the No. current reporting previous reporting period period Particulars

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 20181                                           2  3

ASSETS

(1) Financial Assets

(a) Cash and cash equivalents

(b) Bank Balance other than (a) above

(d) Receivables

(I) Trade Receivables

(II) Other Receivables

(e) Loans

(f) Investments

(g) Other Financial assets (to be specified)

(2) Non-financial Assets

(a) Inventories

(b) Current tax assets (Net)

(d) Investment Property

(e) Biological assets other than bearer plants

(f) Property, Plant and Equipment

(g) Capital work-in-progress

(h) Intangible assets under development

(i) Goodwill

(j) Other Intangible assets

(k) Other non-financial assets (to be specified)

Total Assets LIABILITIES AND EQUITY

LIABILITIES

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(1)     Financial Liabilities

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(a)     Derivative financial instruments

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(b)     Payables

(I)Trade Payables

(i) total outstanding dues of micro enterprises and small enterprises

(ii) total outstanding dues of creditors other than micro enterprises and small enterprises

(II) Other Payables

(i) total outstanding dues of micro enterprises and small enterprises

(ii) total outstanding dues of creditors other than micro enterprises and small enterprises

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(c)     Debt Securities

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(d)     Borrowings (Other than Debt Securities)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(e)     Deposits

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(f)     Subordinated Liabilities

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(g)     Other financial liabilities(to be specified)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(2)     Non-Financial Liabilities

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(a)     Current tax liabilities (Net)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(b)     Provisions

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(c)     Deferred tax liabilities (Net)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(d)     Other non-financial liabilities(to be specified)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(3)     EQUITY

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(a)     Equity Share capital

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(b)     Other Equity

Total Liabilities and Equity See accompanying notes to the financial statements

STATEMENT OF CHANGES IN EQUITY

Name of the Company…………………….

A. Equity Share Capital

(1) Current reporting period

Balance at the beginning Changes in Equity Shares Restated balance at the Changes in equity share Balance at the end of the

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201866Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "the Heading “Statement of Changes in Equity”"of the current reporting Capital due to prior         beginning of the current capital during the current Current reporting period

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201866Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "the Heading “Statement of Changes in Equity”"period                   period errors                reporting period       year

(2) Previous reporting period

Balance at the beginning Changes in Equity Shares Restated balance at the Changes in equity share Balance at the end of the

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201866Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "the Heading “Statement of Changes in Equity”"of the previous reporting Capital due to prior                                beginning of the previous capital during the previous previous reporting period

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201866Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "the Heading “Statement of Changes in Equity”"period                         period errors                                  reporting period                year

B. Other Equity

(1) Current reporting period

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201866Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "the Heading “Statement of Changes in Equity”"Share        Equity       Reserves and Surplus                                                                                                           Money     Total
                  application  Component                                                                                                                                   received
                  Money        of           Capital               Securities  Other     Retained  Debt        Equity       Effective   Revaluati  Exchange       Other     against
                  pending      compound     Reserve               Premium     Reserves  Earnings  instrument  Instruments  Portion of  on         Differences    items of  share
                  allotment    financial                                      (specify            through     through      Cash        Surplus    On             other     warrants
                               instruments                                    nature)             Other       Other        Flow                   translating    Compreh
                                                                                                  Comprehens  Comprehens   Hedges                 the financial  ensive
                                                                                                  ive Income  ive Income                          statements     Income
                                                                                                                                                  of a foreign   (specify

nature)

Balance at the beginning of the current reporting period Changes in accounting Policy/prior Period errors Restated balance at the beginning of the current reporting period Total Comprehensive Income for the current year Dividends

Transfer to retained earnings Any other Change (to be specified) Balance at the end of the current Reporting period

(2) Previous reporting period

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201866Substituted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021. Earlier read: "the Heading “Statement of Changes in Equity”"Share        Equity       Reserves and Surplus                                                                                                           Money     Total
                  application  Component                                                                                                                                   received
                  Money        of           Capital  Securities               Other     Retained  Debt        Equity       Effective   Revaluati  Exchange       Other     against
                  pending      compound     Reserve  Premium                  Reserves  Earnings  instrument  Instruments  Portion of  on         Differences    items of  share
                  allotment    financial                                      (specify            through     through      Cash        Surplus    On             other     warrants
                               instruments                                    nature)             Other       Other        Flow                   translating    Compreh
                                                                                                  Comprehens  Comprehens   Hedges                 the financial  ensive
                                                                                                  ive Income  ive Income                          statements     Income
                                                                                                                                                  of a foreign   (specify

nature)

Balance at the beginning of the previous reporting period Changes in accounting policy/prior Period errors Restated balance at the beginning of the previous reporting period Total Comprehensive Income for the previous year Dividends

Transfer to retained earnings Any other change (to be specified) Balance at the end of the previous reporting period

Note: Remeasurement of defined benefit plans and fair value changes relating to own credit risk of financial liabilities designated at fair value through profit or loss shall be recognised as a part of retained earnings with separate disclosure of such items alongwith the relevant amounts in the Notes or shall be shown as a separate column under Reserves and Surplus.

Notes

GENERAL INSTRUCTIONS FOR PREPARATION OF BALANCE SHEET

A Non-Banking Financial company shall disclose the following in the notes to accounts:

(A) Cash and cash equivalents: Cash and cash equivalents shall be classified as:

(i) Cash on hand

(ii) Balances with Banks (of the nature of cash and cash equivalents);

(iii) Cheques, drafts on hand; and

(iv) Others (specify nature). Cash and Bank balances: The following disclosures with regard to cash and bank balances shall be made:

(i) Earmarked balances with banks (for example, for unpaid dividend) shall be separately stated.

(ii) Balances with banks to the extent held as margin money or security against the borrowings, guarantees, other commitments shall be disclosed separately.

(iii) Repatriation restrictions, if any, in respect of cash and bank balances shall be separately stated.

(B) Derivative financial Instruments

1 Explain use of derivatives

2 Cross-reference to Financial Risks section for management of risks arising from derivatives

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(Current Year)                        (Previous Year)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Part I                   Notional amounts Fair Value -  Fair Value -        Notional amounts Fair Value -         Fair Value -

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Assets            Liabilities         Assets                                Liabilities

(i)Currency derivatives:

-Spot and forwards -Currency Futures -Currency swaps -Options purchased -Options sold (written) -Others Sub total (i)

(ii)Interest rate derivatives

-Forward Rate Agreements and Interest Rate Swaps -Options purchased -Options sold (written) -Futures -Others Subtotal(ii)

(iii)Credit derivatives

(iv) Equity linked derivatives

(v) Other derivatives (Please specify)

Total Derivative Financial Instruments

(i)+(ii)+(iii)+(iv)+(v)

Part II

Included in above (Part I) are derivatives held for hedging and risk management purposes as follows:

(i)Fair value hedging: - Currency derivatives - Interest rate derivatives - Credit derivatives

- Equity linked derivatives - Others

Sub total (i)

(ii)Cash flow hedging: - Currency derivatives - Interest rate derivatives - Credit derivatives

- Equity linked derivatives - Others

Sub total (ii)

(iii)Net investment hedging:

(iv) Undesignated Derivatives

Total Derivative Financial Instruments (i)+

(ii)+(iii)+(iv)

With respect to hedges and hedge accounting, NBFCs may provide a description in accordance with the requirements of Indian Accounting Standards, of how derivatives are used for hedging, explain types of hedges recognized for accounting purposes and their usage/application by the entity.

(i) Receivables shall be sub-classified as:

(a) Receivables considered good - Secured;

(b) Receivables considered good - Unsecured;

(d) Receivables - credit impaired

(ii) Allowance for impairment loss allowance shall be disclosed under the relevant heads separately.

(iii) Debts due by directors or other officers of the NBFC or any of them either severally or jointly with any other person or debts due by firms including limited liability partnerships (LLPs), private companies respectively in which any director is a partner or a director or a member should be separately stated.

(iv) For trade receivable outstanding, following ageing schedule shall be given:

Trade Receivables aging schedule

(Amount in Rs.)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201867Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars              Outstanding for following periods from due date of payment#

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201867Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less                6 months -  1-2     2-3                    More than 3   Total
                         than 6              1 year      years   years                  years

months

(i) Undisputed Trade receivables -

Considered good

(ii) Undisputed Trade

Receivable – which have significant increase in credit risk

(iii) Undisputed Trade

Receivables – credit

Impaired

(iv) Disputed Trade Receivables-considered good

(v)Disputed Trade Receivables- which have significant increase in credit risk

(vi) Disputed Trade Receivables – credit

impaired #similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately

(D) Loans

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(Current Year)                                      (Previous Year)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Amor-           At Fair Value      Sub    Total Amor-               At Fair Value             Sub  Total

tised

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018cost   Through Through Designat- total          tised cost Through  Through Designat- total

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(1)    Other profit or ed at fair                      Other        profit or ed at fair

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Compre- loss value                              Comprehen- loss value

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018hensive       through                           sive Income                 through

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Income        profit or                                                     profit or

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018loss                                                          loss

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(2)      (3)  (4)           (5=2+  (6=1 (7)     (8)          (9)            (10)       (11=8+ (12=(7)

9+10) + (11) 3+4) + 5)

Loans

(A)

(i) Bills Purchased and Bills Discounted

(ii) Loans repayable on Demand

(iii) Term Loans

(iv) Leasing

(v) Factoring

(vi) Others (to be specified) Total (A) -Gross

Less: Impairment loss allowance

Total (A) - Net

(B)

(i) Secured by tangible assets

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(ii)Secured          by

intangible assets

(iii) Covered by Bank/Government Guarantees

(iv) Unsecured

Total (B)-Gross

Less: Impairment loss allowance

Total (B)-Net

(i) Public Sector

(ii) Others (to be specified)

Total (C)- Gross

Less: Impairment loss allowance

Total(C) (I)-Net

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(C)          (II)Loans

outside India

Less: Impairment

loss allowance

Total (C) (II)- Net

Total C(I) and C(II)

(E) Investments

Investments

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(Current Year)                                      (Previous Year)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018At Fair Value               Oth-  Total           At Fair Value                        Oth- Total
                                                    ers*                                                       ers*
               Amor-  Through  Thro Desig-                         Amor-  Through  Thro Desig-
Invest-        tised  Other    ugh nated at                        tised   Other    ugh nated
vest- ments    cost   Compre-  profit fair                         cost            profit at fair
                                                                          Compre-    or value
                      hensive or value                                    hensive   loss throug

Income

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Income loss through                                                      h

profit

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018profit                                                       or loss Sub-Total

or loss Sub-

Total

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(1) (2)         (3) (4)       (5)=(2)+     (7)=(1)         (9)      (10) (11) (12)=(9)+               (14)=(8)+
                                             (3)+(4) (6)                                                             (12)+(13)
                                                          +        (8)                   (10)+(11)             (13)

(5)+(6)

Mutual funds

Gov-ernment securi- ties

Other ap-proved securi- ties

Debt securi- ties

Equity instru-ments Subsid-iaries Associates

Joint Ven-tures Others (specify)

Total – Gross (A)

(i) Invest-ments outside India

(ii) Invest-ments in India

Total (B)

Total

(A) to tally with (B)

Less: Allow-ance for Impair- pair-ment loss (C) Total – Net D= (A)-(C) * Other basis of measurement such as cost may be explained as a footnote

(G) Biological Assets other than bearer plants: A reconciliation of the carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations and other adjustments shall be disclosed separately.

(H) Property, Plant and Equipment

(i) Classification shall be given as:

(a) Land

(b) Buildings

(d) Furniture and Fixtures

(e) Vehicles

(f) Office equipment

(g) Bearer Plants

(h) Others (specify nature)

(ii) Assets under lease shall be separately specified under each class of asset.

(iii) reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of Property, Plant and Equipment) and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately.

(I) Goodwill A reconciliation of the gross and net carrying amount of goodwill at the beginning and end of the reporting period showing additions, impairments, disposals and other adjustments.

(J) Other Intangible assets

(iii) Classification shall be given as:

(a) Brands or trademarks

(b) Computer software

(d) Mining rights

(e) Copyrights, patents, other intellectual property rights, services and operating rights

(f) Recipes, formulae, models, designs and prototypes

(g) Licenses and franchises

(h) Others (specify nature

(ii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of intangible assets) and other adjustments and the related amortization and impairment losses or reversals shall be disclosed separately.

(K) Payables The following details relating to Micro, Small and Medium Enterprises shall be disclosed:

(a) the principal amount and the interest due thereon (to be shown separately) remaining unpaid to any supplier at the end of each accounting year;

(b) the amount of interest paid by the buyer in terms of section 16 of the Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year;

(d) the amount of interest accrued and remaining unpaid at the end of each accounting year; and

Explanation.— The terms ‘appointed day’, ‘buyer’, ‘enterprise’, ‘micro enterprise’, ‘small enterprise’ and ‘supplier’, shall have the same meaning assigned to those under clauses (b), (d), (e), (h), (m) and (n) respectively of section 2 of the Micro, Small and Medium Enterprises Development Act, 2006.”

(KA) For trade payables due for payment, following ageing schedule shall be given:

Trade Payables aging schedule

(Amount in Rs.)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201870Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Particulars                     Outstanding for following periods from due date of payment#

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201870Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less            1-2 years          2-3 years                       More than 3      Total
                                than 1                                                             years

year

(i) MSME

(ii) Others

(iii) Disputed dues-MSME

(iv) Disputed dues-Others

#similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately

(L) Debt Securities

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(Current Year)                                                     (Previous Year)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018At Amortised             At Fair Designated at    Total            At Amortised At Fair Designated at Total

Cost

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Value  fair value                                             Cost Value  fair value

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Through through profit                                             Through through profit

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018profit or or loss                                                  profit or or loss

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018loss                                                               loss

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(1)        (2) (3)            (4)=(1)+(2)+(3)                      (5)        (6) (7)           (8)=(5)+(6)+(7)

Liability component of compound financial instruments

Others (Bonds/ Debenture etc.)

Total (A)

Debt securities in India

Debt securities outside India Total (B) to tally with (A)

(i) bonds or debentures (along with the rate of interest, and particulars of redemption or conversion, as the case may be) shall be stated in descending order of maturity or conversion, starting from earliest redemp- tion or conversion date, as the case may be. Where bonds/debentures are redeemable by installments, the date of maturity for this purpose must be reckoned as the date on which the first installment becomes due;

(ii) particulars of any redeemed bonds or debentures which the NBFC has power to reissue shall be disclosed.

(M) Borrowings (Other than Debt Securities)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(Current Year)                                    (Previous Year)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018At           At fair value   Designated at Total        At         At fair value Designated at Total
                        Amortised    Through         fair value
                        Cost         profit or loss  through profit             Amortised Through fair value

or loss

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018Cost       profit or loss through profit

or loss

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(1)          (2)             (3)       (4)=(1)+(2)+(3) (1)         (2)        (3)                 (4)=(1)+(2)+(3)

(a)Term loans

(i)from banks

(ii)from other parties

(b)Deferred payment liabilities

(c)Loans from related parties

(d) Finance lease obligations

(e)Liability component of compound financial instruments

(f)Loans repayable on demand

(i)from banks

(ii)from other parties

(g) Other loans (specify nature)

Total (A)

Borrowings in India

Borrowings outside India

Total (B) to tally with (A)

(i) Borrowings shall further be sub-classified as secured and unsecured. Nature of security shall be specified separately in each case.

(ii) Where borrowings have been guaranteed by directors or others, the aggregate amount of such borrowings under each head shall be disclosed;

(iii) terms of repayment of term loans and other loans shall be stated; and

(iv) period and amount of default as on the balance sheet date in repayment of borrowings and interest shall be specified separately in each case.

(N) Deposits

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(Current Year)                                           (Previous Year)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018At Amortised At fair       Designated at Total             At Amortised At fair   Designated at Total
                                          fair value                                             fair value
               Cost          value        through profit                  Cost        value      through profit
                                          or loss                                                or loss
                             through                                                  through

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018profit or                                                profit or

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018loss                                                     loss

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(1)           (2)          (3)             (4)=(1)+(2)+(3) (5)         (6)        (7)              (8)=(5)+(6)+(7)

Deposits

(i) Public Deposits

(ii) From Banks

(iii)From Others

Total

(O) Subordinated Liabilities

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(Current Year)                                        (Previous Year)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018At          At fair   Designated  Total                   At      At fair   Designated at   Total
                      Amortised    value    at fair     (4)=(1)+(2)+(3)     Amortised    value    fair value
                      Cost       through    value                                      through    through
                                 profit or  through                            Cost    profit or  profit or loss
                                    loss    profit or                                     loss

loss

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 2018(1)        (2)        (3)                             (5)        (6)        (7)             (8)=(5)+ (6)+(7)

Perpetual Debt Instruments to the extent that do not qualify as equity

Preference Shares other than those that qualify as Equity

Others (specifying the nature and type of instrument issued)

Total (A)

Subordinated Liabilities in India

Subordinated Liabilities outside India

Total (B) to tally with (A)

(P) Other Financial Liabilities (to be specified): Other Financial liabilities shall be classified as-

(a) Interest accrued;

(b) Unpaid dividends;

(d) Unpaid matured deposits and interest accrued thereon;

(e) Unpaid matured debentures and interest accrued thereon;

(f) Margin money (to be specified);and

(g) Others (specify nature)

(Q) Provisions: The amounts shall be classified as-

(a) Provision for employee benefits; and

(b) Others (specify nature)

(R) Other Non-financial liabilities (to be specified):

(a) Revenue received in advance;

(b) Other advances (Specify nature); and

(S) Equity Share Capital : For each class of equity share capital:

(a) the number and amount of shares authorized;

(b) the number of shares issued, subscribed and fully paid, and subscribed but not fully paid;

(d) a reconciliation of the number of shares outstanding at the beginning and at the end of the period;

(e) the rights, preferences and restrictions attaching to each class of shares including restrictions on the distribution of dividends and the repayment of capital;

(g) shares in the company held by each shareholder holding more than five percent shares specifying the number of shares held;

(h) shares reserved for issue under options and contracts/commitments for the sale of shares or disinvestment, including the terms and amounts;

(i) For the period of five years immediately preceding the date at which the Balance Sheet is prepared:

• Aggregate number and class of shares allotted as fully paid up pursuant to contract without payment being received in cash;

• Aggregate number and class of shares allotted as fully paid up by way of bonus shares; and

• Aggregate number and class of shares bought back;

(j) terms of any securities convertible into equity shares issued along with the earliest date of conversion in

descending order starting from the farthest such date;

(k) calls unpaid (showing aggregate value of calls unpaid by directors and officers);

(l) forfeited shares (amount originally paid up)

(m) An NBFC shall disclose information that enables users of its financial statements to evaluate the NBFC’s

objectives, policies and processes for managing capital.

(n) A Company shall disclose Shareholding of Promoter* as below:

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201871Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Shares held by promoters at the end of the year                                                  % Change during the year***

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201871Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021S.No   Promoter Name                             No. of                                %of
                                                 Shares**                              total

shares**

Total

*Promoter here means promoter as defined in the Companies Act, 2013.

** Details shall be given separately for each class of shares

*** percentage change shall be computed with respect to the number at the beginning of the year or if issued during the year for the first time then with respect to the date of issue.

(T) Other Equity

(i) Other Reserves’ shall be classified in the notes as:

(a) Capital Redemption Reserve;

(b) Debenture Redemption Reserve;

(d) Statutory Reserves; and

(e) Others – (specify the nature and purpose of each reserve and the amount in respect thereof); (Additions and deductions since last balance sheet to be shown under each of the specified heads)

(iii) Retained Earnings represents surplus i.e. balance of the relevant column in the Statement of Changes in Equity;

(iv) A reserve specifically represented by earmarked investments shall disclose the fact that it is so represented;

(v) Debit balance of Statement of Profit and Loss shall be shown as a negative figure under the head ‘retained

earnings’. Similarly, the balance of ‘Other Equity’, after adjusting negative balance of retained earnings, if any, shall be shown under the head ‘Other Equity’ even if the resulting figure is in the negative;

(vi) Under the sub-head ‘Other Equity’, disclosure shall be made for the nature and amount of each item; and

(vii) Under the sub-head ‘Other Equity’, disclosure shall be made for conditions or restrictions for distribution

attached to statutory reserves.

(U) Contingent Liabilities and commitments (to the extent not provided for)

(i) Contingent Liabilities shall be classified as:

(a) Claims against the company not acknowledged as debt;

(b) Guarantees excluding financial guarantees; and

(ii) Commitments shall be classified as:

(a) Estimated amount of contracts remaining to be executed on capital account and not pro-vided for;

(b) Uncalled liability on shares and other investments partly paid;

(V) The amount of dividends proposed to be distributed to equity and preference shareholders for the period and the related amount per share shall be disclosed separately. Arrears of fixed cumulative dividends on irredeemable preference shares shall also be disclosed separately.

(W) Where in respect of an issue of securities made for a specific purpose the whole or part of amount has not been used for the specific purpose at the Balance Sheet date, there shall be indicated by way of note how such unutilized amounts have been used or invested.

(WA) Where the company has not used the borrowings from banks and financial institution for the specific purpose for which it was taken at the balance sheet date, the company shall disclose the details of where they have been used;

(WB) Additional Regulatory Information

(i) Title deeds of Immovable Properties not held in name of the Company

The company shall provide the details of all the immovable property (other than properties where the

Company is the lessee and the lease agreements are duly executed in favour of the lessee) whose title deeds

are not held in the name of the company in following format and where such immovable property is jointly

held with others, details are required to be given to the extent of the company‘s share.

Relevant Description Gross Title deeds Whether title Property held Reason for not

line item of item of carrying held in the deed holder is since which being held in the

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021in the      property value name of promoter,                                               date  name of the

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Balance                     director                                                   or        company**

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021sheet                       relative # of

promoter/director

or employee of

promoter/director

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021PPE         Land      -  -  -                                                              -     *** also

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021-           Building                                                                             Indicate if in

dispute

Investment Land

Property Building

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Non-        Land
current     Building

asset held for sale others

#Relative here means relative as defined in the Companies Act, 2013.

*Promoter here means promoter as defined in the Companies Act, 2013.

(ii) The company shall disclose as to whether the fair value of investment property (as measured for disclosure purposes in the financial statements) is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(iii) Where the Company has revalued its Property, Plant and Equipment (including Right-of-Use Assets), the company shall disclose as to whether the revaluation is based on valuation by a Registered Valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(iv) Where the Company has revalued its Intangible assets, the company shall disclose as to whether the revaluation is based on valuation by a Registered Valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(v) Following disclosures shall be made where loans or advances in the nature of loans are granted to promoters, directors, KMPs and the related parties (as defined under the Companies Act, 2013), either severally or jointly with any other person that are:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Type of Borrower            Amount of loan or advances in the nature Percentage to the total

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021of loan outstanding                       Loans and Advances in the

nature of loans

Promoter

Directors

KMPs

Related parties

(iv) Capital-work-in Progress (CWIP)

(a) For Capital-work-in progress, following ageing schedule shall be given:

CWIP aging schedule

(Amount in Rs.)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021CWIP                           Amount in CWIP for a period of                          Total*

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 year 1-2 years      2-3 years            More than 3

years

Projects in progress

Projects temporarily suspended

*Total shall tally with CWIP amount in the balance sheet.

(b) For capital-work-in progress, whose completion is overdue or has exceeded its cost compared to its original plan, following CWIP completion schedule shall be given**:

(Amount in Rs.)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021CWIP                                             To be completed in

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Less than 1 year  1-2 years                    2-3 years  More than 3 years

Project 1 Project 2”

** Details of projects where activity has been suspended shall be given separately.

(vii) Intangible assets under development:

(a) For Intangible assets under development, following ageing schedule shall be given:

Intangible assets under development aging schedule

(Amount in Rs.)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Intangible assets              Amount in CWIP for a period of                                    Total*

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021under development                                      2-3 years                    More than 3

Less than 1 year 1-2 years

years

Projects in

progress

Projects temporarily suspended

*Total shall tally with the amount of Intangible assets under development in the balance sheet.

(Amount in Rs.)

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Intangible assets under                                To be completed in

2-3 years

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021development              Less than 1 1-2 years                                             More than 3 years

year

Project 1

Project 2

**Details of projects where activity has been suspended shall be given separately.

(viii) Details of Benami Property held

Where any proceedings have been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder, the company shall disclose the following:-

(a) Details of such property,

(b) Amount thereof,

(d) If property is in the books, then reference to the item in the Balance Sheet,

(e) If property is not in the books, then the fact shall be stated with reasons,

(f) Where there are proceedings against the company under this law as an abetter of the transaction or as the transferor then the details shall be provided.

(g) Nature of proceedings, status of same and company‘s view on same.

(ix) Where the Company has borrowings from banks or financial institutions on the basis of security of current assets, it shall disclose the following:-

(a) whether quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts,

(b) if not, summary of reconciliation and reasons of material discrepancies if any to be adequately disclosed.

(X) Wilful Defaulter*

Where a company is a declared wilful defaulter by any bank or financial Institution or other lender, following details shall be given, namely:-

(a) date of declaration as wilful defaulter,

(b) details of defaults (amount and nature of defaults).

*wilful defaulter” here means a person or an issuer who or which is categorized as a willful defaulter by any bank or financial institution (as defined under the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India.

(xi) Relationship with Struck off Companies

Where the company has any transactions with the companies struck off under section 248 of Companies Act, 2013 or section 560 of Companies Act, 1956, the Company shall disclose the following details,

Name of struck off Nature of transactions with Balance outstanding Relationship with the Struck off company, if any, to be

65Inserted by G.S.R. 1022(E), dated 11th October, 2018, with effect from 11 October 201872Inserted by G.S.R. 207(E), dated 24th March, 2021, with effect from 1 April 2021Company  struck-off Company                                         disclosed

Investment in securities

Receivables

Payables

Shares held by stuck off company

Other outstanding balances (to be specified)

(xii) Registration of charges or satisfaction with Registrar of Companies (ROC)

Where any charges or satisfaction yet to be registered with ROC beyond the statutory period, details and reasons thereof shall be disclosed.

(xiii) Compliance with number of layers of companies Where the company has not complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017, the name and CIN of the companies beyond the specified layers and the relationship/extent of holding of the company in such downstream companies shall be disclosed.

(xiv) Following Ratios shall be disclosed

(a) Capital to risk-weighted assets ration (CRAR)

(b) Tier I CRAR

(d) Liquidity Coverage Ratio

(xv) Compliance with approved Scheme(s) of Arrangements Where any Scheme of Arrangements has been approval by the Competent Authority in terms of section 230 to 237 of the Companies Act, 2013, the Company shall disclose that the effect of such Scheme of Arrangements have been accounted for in the books of account of the Company ‘in accordance with the Scheme’ and ‘in accordance with accounting standards’. Any deviation in this regard shall be explained.

(xvi) Utilisation of Borrowed funds and share premium:

(A) Where company has advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall

(i) 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

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries; the company shall disclose the following:-