XYZ

(Address)
CIN: XXX

BALANCE SHEET AS AT 31.03.2022

Particulars Notes Current Year Previous Year

Amount (Rs. in hundreds/
thousands/ lakhs/ millions)
I. EQUITY AND LIABILITIES

(1) Shareholders' Funds

(a) Share Capital 3
(b) Reserves and Surplus 4
(c) Money received against Share Warrants

(2) Non-Current Liabilities

(a) Long Term Borrowings 5
(b) Other Long Term Liabilities 6
(c) Long Term Provisions 7

(3) Current Liabilities

(a) Short Term Borrowings 8
(b) Trade Payables 9
(c) Other Current Liabilities 10

II. ASSETS

(1) Non-Current Assets

(a) Property, Plant & Equipment and Intangible assets
(i) Property, Plant & Equipment 11
(ii) Intangible Assets 12
(iii) Capital Work in progress 13
(iv) Intangible assets under developmen 14

(b) Non-Current Investments 15

(c) Long Term Loans and Advances 16
(d) Other Non-Current Assets 17

(2) Current Assets

(a) Inventories 18
(b) Trade Receivables 19
(c) Cash and Cash Equivalents 20
(d) Short Term Loans and Advances 21
(e) Other Current Assets 22

The accompanying notes form integral part of financial statements(Note No 1-42)

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

For XXX
Chartered Accountants

(Name) (Name) (Name) (Name)

Director Director Company Secretary Partner
DIN: DIN: M M No:

PLACE :
DATE :
 XYZ
(Address)
CIN: XXX

Profit and Loss Statement for the year ended 31st March, 2022
Particulars Notes Current Year Previous Year
Amount (Rs. in hundreds/
thousands/ lakhs/ millions)
I. Revenue
Revenue from operations 23
Other Income 24
Total Income

II. Expenses:
Cost of materials consumed 25
Changes in Inventories 26
Operating Expenses 27
Employee Benefits 28
Financial costs 29
Depreciation and amortization expense
Other expenses 30
Total Expenses

III. Profit before exceptional and extraordinary items and tax (I - II)

IV.Exceptional/Extraordinary Items :

V. Profit before tax (III - IV)

VI. Tax expense - Deferred Tax

XI. Profit/(Loss) for the year (VII + X)

XII. Earning per equity share - Basic & Diluted xx xx

The accompanying notes form integral part of financial statements(Note No 1-38)

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

For XXX
Chartered Accountants

(Name) (Name) (Name) (Name)

Director Director Company Secretary Partner
DIN: DIN: M No: M No:

PLACE :
DATE :
 XYZ
(Address)

NOTES ON FINANCIAL STATEMENTS

1.Background
XYZ was incorporated on XX.XX.XXXX. The company is primarily engaged in the business of manufacturing and dealing of
…....................., and related accessories.

2.Significant Accounting Policies

The significant Accounting Policies followed by the company are as stated below:

General
The financial statements are prepared under historical cost convention. These statements have been prepared in accordance with
applicable mandatory Accounting Standards and relevant presentational requirements of The Companies Act, 2013.The company
is a Small and Medium Company as defined under the Companies (Accounting Standards) Rules, 2006 and accordingly has
complied with the Accounting Standards applicable to Small and Medium Companies only.

Use of Estimates
The preparation of financial statements in conformity with the Indian Generally Accepted Accounting Principal (GAAP) requires the
management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of
contingent liabilities on the date of the financial statements and reported amount of income and expenses during the period. Actual
figures may differ from these estimates. Any revision to accounting estimates is recognised prospectively in current and future
periods.

Property, Plant and Equipment

Property, Plant and Equipment are stated at historical cost less accumulated depreciation. Costs directly attributable to acquisition
are capitalised until the property, plant and equipment are ready for use, as intended by the management.

Subsequent expenditures relating to property, plant and equipment are capitalised only when it is probable that future economic
benefits associated with them will flow to the Company and the cost of the expenditure can be measured reliably. Repairs and
Maintenance costs are recognised in the Statement of Profit and Loss when they are incurred.

Depreciation
Depreciation on property, plant and equipment has been provided under Straight Line Method over the useful life of the assets
estimated by the management which is in line with the terms prescribed in Schedule II to The Companies Act, 2013. Depreciation
for assets purchased/sold during the period is proportionately charged. Depreciation methods, useful lives & residual values are
reviewed periodically.

The management estimates the useful life of the assets as follows:

XXX X years
XXX X years

Amortisation of Intangible Assets

Intangible assets, being …................................ are written off over a period of ….......... years under Straight Line Method.

Inventories
i. Raw materials are valued on ….................... basis.

ii. Work-in-Progress is valued at …........ Cost includes indirect cost.

iii. Finished Goods are valued at lower of cost or net realisable value. Cost includes indirect costs.

Revenue Recognition
Revenue from …................. is recognised at …..........................................

Foreign Currency Transactions

Transactions in foreign currencies are recorded at the exchange rates prevailing at the date of the transaction. Foreign currency
monetary assets and liabilities are translated at the year end exchange rates. Exchange difference arising on settlement of
transactions and translation of monetary items are recognised as income or expense in the year in which they arise.

Government Grants
Investment Subsidy received from the …............. Government centre is credited to …............... Reserve.

Investments
Investments being long term investments are carried in the financial statements at cost. Provision for dimuntion, if any is made to
recognise a decline, other than temporary, in the value of investments.

Employee Benefits
a. Short term employee benefits such as salaries, wages, bonus and incentives which fall due within 12 months of the period in
which the employee renders the related services which entitles him to avail such benefits are recognised on an undiscounted basis
and charged to the profit and loss account.

b. Defined Contribution Plans - Contributions made to the Recognised Provident Fund & Employee State Insurance Corporation are
expensed to the Profit & Loss Account. The Company's obligation is limited to the amount to be contributed by it.

c. Defined Benefit Plans - Gratuity liability is a defined benefit obligation and provided for on the basis of an actuarial valuation on
Projected Unit Credit Method calculated at the end of each financial year. Actuarial gains/losses are immediately taken to Profit and
Loss Account

Borrowing Costs
Borrowing costs that are attributable to the acquisition or construction of qualifying assets are capitalised as part of the cost of such
assets. A qualifying asset is one that necessarily takes substantial period of time to get ready for its intended use. All other
borrowing costs are charged to the Statement of Profit and Loss in the period in which they are incurred.

Segment Reporting
In the absence of more than one distinguishable business/ geographical segment, segment information is not given.
Taxes on Income
Income tax expense comprises current tax and deferred tax charge or credit. The current tax is determined as the amount of tax
payable in respect of the estimated taxable income of the period. The deferred tax charge or credit is recognised using prevailing
enacted or substantively enacted tax rates. Where there are unabsorbed depreciation or carry forward losses, deferred tax asset is
recognised only if there is virtual certainty of realisation of such assets. Other deferred tax assets are recognised only to the extent
there is reasonable certainty of realisation in future. Deferred tax assets are reviewed at each Balance Sheet date based on the
developments during the year and available case laws, to reassess realisation/liabilities. The net deferred tax position as on 31-03-
201X is a Deferred Tax Asset of Rs.---- lakhs represented by unabsorbed depreciation/loss. This is not recognised in the absence of
virtual certainity about sufficient future profits.

MAT credit is recognized as an asset only when and to the extent there is convincing evidence that the Company will pay normal
income tax during the specified period. In the year in which the Minimum Alternative Tax (MAT) credit becomes eligible to be
recognized as an asset in accordance with the recommendations contained in Guidance Note issued by the Institute of Chartered
Accountants of India, the said asset is created by way of a credit to the profit and loss account and shown as MAT Credit
Entitlement. The Company reviews the same at each balance sheet date and writes down the carrying amount of MAT Credit
Entitlement to the extent there is no longer convincing evidence to the effect that Company will pay normal Income Tax during the
specified period.

Impairment of Assets
The carrying amount of assets is reviewed at each Balance Sheet date to check whether there is any indication of impairment
based on internal/external factors. An impairment loss will be recognised wherever the carrying amount of an asset exceeds its
estimated recoverable amount. The recoverable amount is the greater of the assets net selling price and value in use. In assessing
the value in use, the estimated future cash flows are discounted to the present value using the weighted average cost of capital.

Provisions, Contingent Liabilities and Contingent Assets

The company creates a provision when there is a present obligation as a result of past event that probably requires an outflow of
resources and a reliable estimate can be made of the amount of obligation. A disclosure for a contingent liability is made when
there is a possible obligation that may, but probably will not, require an outflow of resources. When there is a possible obligation or
a present obligation in respect of which the likelihood of outflow of resources is remote, no provision or disclosure is made.
Contingent assets are neither recognised nor disclosed in the financial statements.

Current Year Previous Year

3.SHARE CAPITAL
A. Authorised
xxxx equity shares of Rs. xx/- each
(Previous year xxx equity shares of Rs.xx/- each)

B. Issued, Subscribed and Paid-up

xxx equity shares of Rs. xx/- each fully paid-up
(Previous year xx equity shares of xx each fully paid up)

Shares held by shareholders holding more than 5% shares

Current Year Previous Year
Number of % of share Number of % of share
Name shares holding shares holding
Name
Name
Name

Disclosures of Shareholding of Promoters - Shares held by the Promoters:

As on 31 March 2022:

S. No 1 2
Promoter name (Name) (Name)
Class of Shares
No. of Shares
At the end of the year
%of total shares
No. of Shares
At the beginning of the year
%of total shares
% Change during the year
4. RESERVES & SURPLUS Current Year Previous Year

A. Capital Reserve
(i)
(ii)
(iii)
Total (i) + (ii)

B. Profit and Loss Account

Balance at the beginning of the year
Profit/(Loss) for the year
Balance at the end of the year
(A+B)

5. LONG-TERM BORROWINGS

A. Secured
a)Term Loan from XXX
b) Long term maturities of finance lease obligation

B. Unsecured
a) Loans and advances from related parties
Loans from Directors (Unsecured)

Term Loans are repayable in xx monthly installments at interest rate of x%- y%

Note: a)Company has 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.
b)The company has not been declared as a wilful defaulter by any bank or financial institution or other lender.

6. OTHER LONG TERM LIABILITIES

Trade Payable - Expenses
Other Long Term Liabilities

7. LONG TERM PROVISIONS

Provision for Employee Benefits

8. SHORT TERM BORROWINGS

Cash Credit from Banks
Current Maturities of Long Term Borrowings

Note: a)Company has 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.
b) The quarterly returns /statements of current assets filed by the Company with banks or financial institutions are
in agreement with the books of accounts.(if not, summary of reconciliation and reasons of material discrepancies, if
any to be disclosed in a tabular form)
c)The company has not been declared as a wilful defaulter by any bank or financial institution or other lender.

9. TRADE PAYABLES
Creditors:
- For Purchases
- Micro, Small & Medium Enterprises
- Others
- For Capital goods
- For Expenses
Trade Payable ageing schedule:
As on 31 March 2022: in Lakhs
Outstanding for following period from due date of payment
Particulars Total
Unbilled Not Due Less than 1 Year 1-2 years 2-3 years More than 3 years
(i) MSME - - - - - - -
(ii) Others - - - - - - -
(iii) Disputed dues - MSME - - - - - - -
(iv) Disputed dues -Others - - - - - - -
Total - - - - - - -

As on 31 March 2021: in Lakhs

Outstanding for following period from due date of payment
Particulars Total
Unbilled Not Due Less than 1 Year 1-2 years 2-3 years More than 3 years
(i) MSME - - - - - - -
(ii) Others - - - - - - -
(iii) Disputed dues - MSME - - - - - - -
(iv) Disputed dues -Others - - - - - - -
Total - - - - - - -
 Current Year Previous Year
10. OTHER CURRENT LIABILITIES
Advances from Customers
Other Payables
- -

15. NON CURRENT INVESTMENTS

In Equity Shares of Subsidiary Company-
XXX - At Cost
(xx equity shares of Rs.xx at Rs.xx.xx per share)
- -

16. LONG TERM LOANS AND ADVANCES

Deposit for Line of Credit
MAT Credit Entitlement
- -

17. OTHER NON-CURRENT ASSETS

Security Deposits
- -
18. INVENTORIES :
Raw Materials
Work in Progress
Semi Finished Goods
Finished Goods
Tools & Spares
-

19. TRADE RECEIVABLES (unsecured, considered good)

Outstanding for a period exceeding six months
Other Debts
Less: Provision for Doubtful Debts
Trade Receivable ageing schedule:
As on 31 March 2022: in Lakhs
Outstanding for following period from due date of payment
Particulars Total
Unbilled Not Due Less than 6 months 6 months - 1 year 1-2 years 2-3 years More than 3 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 - - - - - - - -
Total - - - - - - - -

As on 31 March 2021: in Lakhs

Outstanding for following period from due date of payment
Particulars Total
Unbilled Not Due Less than 6 months 6 months - 1 year 1-2 years 2-3 years More than 3 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 - - - - - - - -
Total - - - - - - - -
 Current Year Previous Year
20. CASH AND CASH EQUIVALENTS
Balances with Banks in Current Accounts
Balances with Banks in Fixed Deposits
Cash in Hand

21. SHORT TERM LOANS AND ADVANCES (unsecured, considered good)

Staff Advances
Advances to Suppliers
- to Related Parties
Less: Provision for write off
- to Others

Loan to Body Corporate

- XX
(Loan given for financial assistance @ xx% interest p.a.)

22. OTHER CURRENT ASSETS

Other Current Assets

23. REVENUE FROM OPERATIONS

Sales
a) Sale of Products: Domestic

24. OTHER INCOME

Interest received
Miscellaneous Income

25. COST OF RAW MATERIALS CONSUMED

Opening Stock (RM & WIP)
Add : Purchases
Less: Loss due to Fire
: Closing Stock (RM & WIP)

26. CHANGES IN INVENTORIES

Opening Stock - Finished Goods/Semi Finished Goods
Less: Loss due to Fire
Closing Stock - Finished Goods/Semi Finished Goods

27. OPERATING EXPENSES

Power & Fuel
Rates & Taxes excluding taxes on income
Freight Inwards
Rent
Tools & Spares consumed
General Factory Expenses

28. EMPLOYEE BENEFIT EXPENSES

Factory Wages
Salaries & Allowances
Contribution to provident fund and other funds
Gratuity
Marketing & Performance Incentives
Staff Welfare Expenses
 Current Year Previous Year
29. FINANCIAL COSTS
Interest on Term Loans
Interest on Working Capital loans
Bank Charges

30. OTHER EXPENSES

Payments to the Auditor as
(a) Auditor
(b) For Taxation Matters
(c) For Certification Services

Rent
Repairs to Building
Repairs to Machinery
Insurance
Travelling & Boarding expenses
Freight
Bad Debts / Provision for Bad Debts
Loss on Sale of Assets
Schemes & Discounts
Advertisement Expenses
Electricity & Water Charges
Professional Charges
Miscellaneous expenses

31. CONTINGENT LIABILITIES AND COMMITMENTS (to the extent not provided for)
Contingent liabilities-
a.

c.

Commitments -
a. - -

32. In the opinion of the management , the current assets, loans and advances shall realise the value as shown in the balance
sheet, if realised in the normal course of business.

33. Balance of some of the debtors, creditors & loans and advances are subject to confirmation/reconciliation.

34. RELATED PARTY DISCLOSURES

Name of the related party and nature of relationship where control exists

Subsidiary Company
XX

Enterprises in which director(s) has significant influence

XX
XX
Key Management Personnel Relation
(Name) (Relation)
(Name) (Relation)

Transactions with related parties as per the books of account during the year ende Current Year Previous Year

1.(Name)
(Transaction)

2.(Name)
(Transaction)
Amount Outstanding as at 31st March, 2022
Current Year Previous Year
Associates Amount (Rs)
(Name)

List of the companies in which one of the director(s) has significant influence
XXX
XXX

Key Management Personnel

(Name)

Loans & Advances to Related Parties

a) Repayable on demand
Percentage to the total Loans and Advances in the nature of
Type of Borrower Amount of loan or advance in the nature of loan outstanding loans

Promoters

Directors

Key Management Personnel

Related Parties

b)Without specifying any terms

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

Promoters

Directors

Key Management Personnel

Related Parties

c)Others
Percentage to the total Loans and Advances in the nature of
Type of Borrower Amount of loan or advance in the nature of loan outstanding
loans
Promoters

Directors

Key Management Personnel

Related Parties

35. DISCLOSURE IN ACCORDANCE WITH AS 15 ON EMPLOYEE BENEFITS

a) Defined Contribution Plans

Particulars Amount (in Rs.)

Contribution to Recognised Provident Fund
Contribution to Employee’s State Insurance
TOTAL -

b) Defined Benefit Plan-Gratuity

Particulars Amount in Rs.

Present Value of Obligations at the Beginning
Current Service Cost
Interest Cost
Benefits paid
Acturial (Gain)/Loss
Present Value of Obligations at the end of the year

c) The components of net gratuity costs are reflected below

Service Cost -
Interest Cost -
Net Acturial Gain/(Loss) recognised in the year -
Net gratuity costs -

d) Following are the Principal Actuarial Assumptions used at the balance sheet date:

Particulars Gratuity
Discount Rate
Compensation Escalation Rate

36. Basic and Diluted Earnings Per Share (EPS), of face value Rs.xx/- has been calculated as under:-

Numerator
Net Profit/(Loss) for the year
Denominator
Weighted average number of equity shares outstanding during the year

Earnings per Share XX XX

37. The details of Provisions as per AS 29 are given below:
Additions
Particulars Opening Balance Closing Balance
Reversals
Provision for ….
Provision for ….

38. ADDITIONAL INFORMATION

a. DETAILS OF FINISHED GOODS
Amount in (Rs.)
Closing Opening
Particulars Sales Values
Inventory Inventory
(Items)
Bare
Total

b. DETAILS OF WORK IN PROGRESS Amount in (Rs.)

Particulars WIP
(Items)

Total

Note: Figures in brackets represent previous year figures.

c. Quantitative Details of major items of Raw Materials Consumed

Amount in (Rs.)
Current year Previous Year
Raw Materials
Qty Consumption Qty Consumption
(Items)(Kgs)
d. Break-up of Imported Raw Materials Consumed
Imported
Total

Current year Previous Year

e) CIF Value of imports made during the year
f) Earnings in foreign exchange
g) Expenditure in foreign currency
h) Amount remitted during the year in foreign currency

39.The management has initiated the process of identifying enterprises which have provided goods and services to the company
and which qualify under the definition of micro and small enterprises, as defined under Micro, Small and Medium Enterprises
Development Act, 2006. The company has not received any intimation from its vendors regarding their status under Micro, Small
and Medium Enterprises Development Act, 2006. Further in the view of the management, the impact of interest, if any, that may be
payable in accordance with the provisions of the Act is not expected to be material.

40.There has been no significant impact on the operations and financial position of the company on account of the outbreak of
COVID-19 pandemic and consequential lock-down restrictions imposed by the Government.
41. Additional Regulatory Information

Financial Ratios:
As on 31 March 2022 in Lakhs
Numerator Denominator Current Period Previous Period % of variance*
Liquidity Ratio
Current Ratio (times)

Solvency Ratio
Debt-Equity Ratio (times)
Debt Service Coverage Ratio (times)

Profitability ratio
Net Profit Ratio (%)
Return on Equity Ratio (%)
Return on Capital employed (%)
Return on Investment (%)

Utilization Ratio
Trade Receivables turnover ratio (times)
Inventory turnover ratio (times)
Trade payables turnover ratio (times)
Net capital turnover ratio (times)

Note on Financial Ratios : *(Explanation for change in the ratio by more than 25%)

Notes: a) There are no transactions with struck off companies under section 248 or 560 of the Companies Act 2013/
1956 ( If yes, the following details to be given)
Relationship with
Nature of
Balance the Struck off
Name of struck off Company transactions with
outstanding company, if any, to
struck-off Company
be disclosed
(Name) Investments in securities
Receivables
Payables
Shares held by stuck off
company
Other outstanding balances
(to be specified)
b)No charges or satisfaction is yet to be registered with Registrar of Companies beyond the statutory period.
c) The Company has complied with the no. of layers prescribed u/s 2(87) read with the applicable Rules
d)There is no Scheme of Arrangements that has been approved in terms of sections 230 to 237 of the Companies Act 2013

e) The company has not advanced/loaned/invested or received 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 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 provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

f)There are no transactions that are not recorded in the books of account to be surrendered or disclosed as income
during the year in the tax assessments under the Income Tax Act, 1961.

g)The company is not covered under section 135 of the Companies Act 2013.

h)The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year

42. Previous year figures have been regrouped /reclassified wherever necessary to suit the current year's layout.

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

For XXX
Chartered Accountants

(Name) (Name) (Name) (Name)

Director Director Compan Partner
DIN: DIN: M No:

PLACE :
DATE :
XYZ
Property Plant and Equipment as on March 31, 2022

Cost Depreciation Net Carrying Amount

As at Additions Deletions Revaluation As at Upto For theRevaluation Upto As at As at
01.04.2021 31.03.2022
31.03.2021 Year 31.03.2022 31.03.2022 31.03.2021

11. PROPERTY, PLANT & EQUIPMENT

TOTAL

12. INTANGIBLE ASSETS

TOTAL

13. CAPITAL WORK-IN PROGRESS

Total

14. INTANGIBLE ASSETS UNDER DEVELOPMENT

Total
Note: a) The Property, Plant & Equipment & Intangible assets have not been revalued during the year
b) All the immovable properties listed above are held in the name of the Company.
c)There are no proceedings against the company under the Benami Transactions (Prohibition) Act, 1988

Capital-Work-in Progress (CWIP) / Investment Property in Progress (IPP) / Intangible Asse -

As on 31 March 2022:
Capital-Work-in Progress development aging schedule in Lakhs
Amount in CWIP for a period of
CWIP / IPP / IAD Total*
Less than 1 Year 1-2 Years 2-3 Years More than 3 Years
Projects in Progress
Projects temporarily suspended
Total

As on 31 March 2021:
Capital-Work-in Progress development aging schedule in Lakhs
Amount in CWIP for a period of
CWIP / IPP / IAD Total*
Less than 1 Year 1-2 Years 2-3 Years More than 3 Years
Projects in Progress
Projects temporarily suspended
Total

Capital-Work-in Progress completion schedule( If completion is overdue or has exceeded its cost
compared to its original plan)
As on 31 March 2022: in Lakhs
To be completed in
CWIP / IPP / IAD
Less than 1 Year 1-2 Years 2-3 Years More than 3 Years
Project 1
Project 2
Total

As on 31 March 2021: in Lakhs

To be completed in
CWIP / IPP / IAD
Less than 1 Year 1-2 Years 2-3 Years More than 3 Years
Project 1
Project 2
Total

Intangible assets under development aging schedule

As on 31 March 2022: in Lakhs
Less than 1
Intangible assets under development 1-2 years More than 3 years Total*
year
Projects in progress
Projects temporarily suspended

As on 31 March 2021: in Lakhs

Less than 1
Intangible assets under development 1-2 years More than 3 years Total*
year

Projects in progress

Projects temporarily suspended

Intangible assets under development completion schedule ( If completion is overdue or has

exceeded its cost compared to its original plan)

As on 31 March 2022: in Lakhs

To be completed in
Intangible assets under
Suspended
development Less than 1
1-2 years 2-3 years
year
Project 1
Project 2

As on 31 March 2021: in Lakhs

To be completed in
Intangible assets under
Suspended Less than 1
development 1-2 years 2-3 years
year
Project 1
Project 2