XBRL Financial Statements Duly Authenticated As Per Section 134 (Including Board

ANTARA PURUKUL SENIOR LIVING LIMITED
Standalone Financial Statements for period 01/04/2019 to 31/03/2020
[700300] Disclosure of general information about company

Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Corporate identity number U74120UR1995PLC018283
Permanent account number of entity AAGCS4077C
Antara Senior Living
Guniyal Gaon , P.O. -
Address of registered office of company Sinola Dehradun Dehradun
, UTTARAKHAND , INDIA -
248003
Commercial and
Type of industry Industrial
Registration date 21/06/1995
Unlisted Public
Category/sub-category of company Company
Whether company is listed company No
ANTARA SENIOR LIVING
Name of parent entity LIMITED
Date of board meeting when final accounts were approved 27/05/2020
Date of start of reporting period 01/04/2019 01/04/2018
Date of end of reporting period 31/03/2020 31/03/2019
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Lakhs
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other relevant
No
books and papers in electronic form
Disclosure of principal product or services [Table] ..(1)

Types of principal product or services [Axis] 1
01/04/2019
to
31/03/2020
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 9972
Description of product or service category Real estate services
Turnover of product or service category 6,032.44
Highest turnover contributing product or service (ITC 8 digit) code 99721111
Rental or leasing
services of houses,
Description of product or service flats, apartment
buildings
Turnover of highest contributing product or service 6,032.44
ANTARA PURUKUL SENIOR LIVING LIMITED Standalone Financial Statements for period 01/04/2019 to 31/03/2020
[700600] Disclosures - Directors report
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] 1 2
01/04/2019 01/04/2019
to to
31/03/2020 31/03/2020
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director Tara Rajit
Middle name of director Singh
Last name of director Vachani Mehta
Non Executive Non Executive
Designation of director Director Director
Director identification number of director 02610311 01604819
Date of signing board report 27/05/2020 27/05/2020
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Product/service 1
Principal business activities of company [Axis]
[Member]
01/04/2019
to
31/03/2020
Details of principal business activities contributing 10% or more of total turnover of company [Abstract]
Details of principal business activities contributing 10% or more of total turnover of company
[LineItems]
Real Estate
Activities with
Name of main product/service owned or leased
property
Real Estate
Activities with
Description of main product/service owned or leased
property
NIC code of product/service 6810
Percentage to total turnover of company 100.00%
2

01/04/2019
to
31/03/2020
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Description of state of companies affair [See below]
The Company does not
Disclosure relating to amounts if any which is proposed to carry to any propose to transfer any
reserves amount to the reserves.
Your Directors have not

recommended any dividend
for the year under review
Disclosures relating to amount recommended to be paid as dividend in view of loss incurred
b y t h e
Company.
Details regarding energy conservation [See below]
Steps taken or impact on conservation of energy [Text block] [See below]
Steps taken by the company for utilising alternate sources of energy Textual information (5)
[Text block] [See below]
Details regarding technology absorption [See below]
Efforts made towards technology absorption [Text block] [See below]
Benefits derived regarding technology absorption [See below]
Details regarding foreign exchange earnings and outgo [See below]
Disclosures in director’s responsibility statement [See below]
Details of material changes and commitment occurred during period Textual information (11)
affecting financial position of company [See below]
Particulars of loans guarantee investment under section 186 [TextBlock] [See below]
Particulars of contracts/arrangements with related parties under section Textual information (13)
188(1) [TextBlock] [See below]
Details of contracts/arrangements/transactions not at arm's length
basis [Abstract]
Whether there are contracts/arrangements/transactions not at arm's
No
length basis
Details of material contracts/arrangements/transactions at arm's
length basis [Abstract]
Whether there are material contracts/arrangements/transactions at
No
arm's length basis
Date of board of directors' meeting in which board's report referred
27/05/2020
to under section 134 was approved
Disclosure of extract of annual return as provided under section 92(3) Textual information (14)
[TextBlock] [See below]
Details of principal business activities contributing 10% or more
of total turnover of company [Abstract]
Particulars of holding, subsidiary and associate companies [Abstract]
ANTARA PURUKUL SENIOR
Name of company LIVING LIMITED
Details of shareholding pattern of top 10 shareholders [Abstract]
Disclosure of statement on declaration given by independent directors Textual information (15)
under section 149(6) [TextBlock] [See below]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters N A
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (16)
management policy [TextBlock] [See below]
Details on policy development and implementation by company on

corporate social responsibility initiatives taken during year N A
[TextBlock]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]

Disclosure of financial summary or highlights [TextBlock] [See below]
3
Disclosure of change in nature of business [TextBlock] N A
Details of directors or key managerial personnels who were Textual information (18)
appointed or have resigned during year [TextBlock] [See below]
Disclosure of companies which have become or ceased to be its
subsidiaries, joint ventures or associate companies during N A
year [TextBlock]
During the
financial year under
review, the Company has
Details relating to deposits covered under chapter v of companies act not accepted or renewed
[TextBlock] any deposits from the
p u b l i c .
During the
financial year under
review, the Company has
Details of deposits which are not in compliance with requirements not accepted or renewed
of chapter v of act [TextBlock] any deposits from the
p u b l i c .
Details of significant and material orders passed by

regulators or courts or tribunals impacting going concern NA
status and company’s operations in future [TextBlock]
Details regarding adequacy of internal financial controls with Textual information (19)
reference to financial statements [TextBlock] [See below]
Disclosure of appointment and remuneration of director or Textual information (20)
managerial personnel if any, in the financial year [TextBlock] [See below]
Details of remuneration of director or managerial personnel [Abstract]
Number of meetings of board [pure] 6
Details of signatories of board report [Abstract]
Name of director signing board report [Abstract]
4
Disclosure in board of directors report explanatory [Text Block]
DIRECTORS REPORT
Your Directors have the pleasure in presenting the 25th Annual Report together with the Audited Accounts for the financial year ended March
31,2020.
Financial Performance
The financial highlights of your Company for the year under review are given below:
(Rs. in Lacs)
For the Financial Year ended March For the Financial Year ended March
31, 2020 31, 2019
Total Income 6062.74 6421.98
Impairment expense 5000.00 0.00
Total expenses 6020.61 6444.28
EBITDA (4957.87) (22.30)
Less: Depreciation 285.46 291.46
Less: Finance cost 2490.37 2580.68
Profit / (Loss) Before Tax (7733.70) (2894.44)
Less : Tax Adjustment 40.55 -
Profit / (Loss) After Tax (7693.15) (2894.44)
Other Comprehensive Income 6.48 7.99
Total Comprehensive Income (7699.63) (2886.45)
During the financial year under review, the Company recognized impairment loss of Rs. 50 crores on account of diminution in value of the fixed
assets i.e. The Club at the Dehradun Community. After taking effect of such impairment, the Company registered a net loss amounting to Rs.
7699.63 lakhs as compared to a net loss of Rs. 2886.45 lakhs in the previous financial year.
The community is in full operations. Due to unsold inventory, proportionate expenses incurred for the operations of the Company leads to a loss
in the books of the Company. Finance cost is also increasing the loss further. To reduce the loss gap, the Company is making continuous
endeavor to identify new opportunities of revenues in community and measures for cost reductions. The company is also making continuous
efforts to increase the sales velocity to reduce the burden of interest cost.
Review of Operations and Operational Initiatives
Your Company offers a wide range of services to its residents at the senior living community at Dehradun, ranging from curated engagement
activities, nutritionally assisted cuisine, proactive and preventive health/wellness activities, resident concierge services, safety & security,
housekeeping, IT infrastructure & support, access to gym, all weather pool, therapies, salon etc. There is a dedicated team of about 200 members
at Antara Dehradun to take care of the Residents.
The community at Dehradun is expected to be fully leased in next 2-3 years. The Company has been working towards generating revenue to meet
its cost and reduce operation loss due to lower occupancy. The operations team have been working on various ideas and plans to generate
revenue.
5
The holding Company, M/s Antara Senior Living Limited (ASLL) provides marketing and operational support to the Company. Innovative
marketing strategies are being implemented to attract clients to the community. The client engagement process has been made very detailed and
engaging to identify client needs and offer them relevant products/services to meet their requirements.
Future Outlook
Your Company is desirous of creating an integrated eco-system for seniors offering a blend of lifecare and lifestyle products comprising of
residences for seniors, care and memory care homes for seniors, which will help create a Senior Specific Hub in Purukul. In this regard, your
Company plans to acquire land parcel in vicinity that offer synergies in the form of sharing of existing infrastructure, cost, best practices,
leveraging the existing resources, supply chain management and better negotiation. Your Company shall be working on the detailed business plan
for the same.
To make the Community financially self-sustainable, your Company is focusing on increasing revenues and minimizing costs. It is expected that
once the community is fully leased in next 2-3 years, the revenues will increase and consequently the losses will reduce.
Impact of COVID 19
The business of the Company has been severely impacted due to Covid-19 situation. The experiential stays got cancelled, no face to face meetings
were allowed in the Community. The decision by clients to book apartments in the Community got deferred and resultantly collections from both
new and existing bookings were affected. The Company is taking all necessary steps to increase the revenues to the best possible in these
unforeseen circumstances.
Seniors being most susceptible to this pandemic, to ensure safety and wellbeing of the residents, complete lockdown was announced at the
Community and stringent measures were implemented to keep them infection free.
The Company has taken prompt actions for safety of team members & residents at the Community and has done detailed risk assessment. The
efforts of the team to ensure resident safety has been well appreciated by the residents.
Dividend
Your Directors have not recommended any dividend for the year under review in view of loss incurred by the Company.
Share Capital
During the financial year under review, the Company raised its Authorized Share Capital from Rs. 275,00,00,000 (Rupees Two Hundred Seventy
Five Crores only) divided into 27,50,00,000 (Twenty Seven Crores Fifty Lakhs only) Equity Shares of Rs. 10/- each to Rs. 311,00,00,000 (Rupees
Three Hundred Eleven Crores only) divided into 31,10,00,000 (Thirty One Crores Ten Lakhs only) Equity Shares of Rs. 10/- each ranking pari
passu in all respect with the existing Equity Shares of the Company.
As on date, the paid-up share capital of the Company is Rs.3,03,20,70,890/- comprising 30,32,07,089 equity shares of Rs. 10/- each. The entire
paid up share capital is held by ASLL.
During the financial year under review, the Company has allotted 3,96,70,000 (Three Crore Ninety Six Lakhs Seventy Thousand only) Equity
Shares of Rs. 10/- each in various tranches by way of rights issue to the existing shareholders, ASLL. Further, the Company has on May 27, 2020
allotted 47,10,000 Equity Shares of Rs. 10/- each to ASLL by way of rights issue.
Material change affecting the financial position of the Company since March 31, 2020 to the date of the Report
There is no material change affecting the financial position of the Company since March 31, 2020 to the date of Report.
Transfer to Reserves
The Company does not propose to transfer any amount to the reserves.
Board of Directors
During the year under review, pursuant to Section 161 of the Companies Act, 2013 (Companies Act) read with Articles of Association of the
Company, Mr. Rajit Mehta was appointed as additional director on the Board of the Company effective August 7, 2019 to hold office upto the
date of ensuing Annual General Meeting (AGM) of the Company.
Further, pursuant to the request from the ultimate holding company, Max India Limited (Max India) to comply with Regulation 24 of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) applicable on Max India, the Board appointed Mrs. Sharmila
Tagore as an Independent Director in the capacity of Additional Director of the Company for a term of five (5) years effective December 31, 2019
and upto December 30, 2024.
The Shareholders of the Company at meeting their meeting held on March 20, 2020 regularised the appointment of Mrs. Sharmila Tagore as an
additional director and approved her appointment as an Independent Director on the Board of Directors of the Company for a period of five (5)
years commencing on December 31, 2019 and upto December 30, 2024 whose term of office shall not be subject to retirement by rotation. Mrs.
Tagore has registered herself in the Independent Directors Databank maintained by Indian Institute of Corporate Affairs (Institute) on December
31, 2019. She will be undergoing online proficiency self-assessment test conducted by the Institute within a period of one year from the date of
6
inclusion of her name in the data bank.
In accordance with the requirement of the Companies Act, Mrs. Tara Singh Vachani, Director of the Company is liable to retire by rotation at the
ensuing AGM and being eligible, has offered herself for reappointment.
Brief resume, nature of expertise, details of directorships held in other companies of the Directors proposed to be re-appointed along with their
shareholding in the Company as stipulated under Secretarial Standard 2 will be appended as an annexure to the Notice of the ensuing AGM.
Key Managerial Personnel
As on the date of this Report, Mr. Ajay Agrawal, CFO, Mr. Ashish Loach, Manager and Ms. Samridhi Kinra, Company Secretary are the Key
Managerial Personnel (KMP) of the Company, pursuant to the provisions of the Companies Act.
During the year under review, there was no change in the composition of KMPs.
DECLARATION OF INDEPENDENCE BY INDEPENDENT DIRECTOR
The Company has received declaration from Mrs. Sharmila Tagore, Independent Director of the Company confirming that she meets with the
criteria of independence as prescribed under Section 149 of the Companies Act.
Internal Financial Controls
Your Company has in place a proper and adequate internal financial control systems that commensurate with the size, scale and complexity of its
operations. These controls ensure that transactions are authorized, recorded and reported correctly and assets are safeguarded and protected
against loss from unauthorized use or disposition. Documented policies, guidelines and procedures are in place for effective management of
internal financial controls.
An extensive program of internal audits and management reviews conducted in your Company supplements the process of internal financial
control framework. The internal auditors carried out audits in different areas of your Company's operations. They monitor and evaluate the
efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies at
all locations of the Company. To maintain its objectivity and independence, the internal auditors reports are presented to the Board. Based on the
report of internal auditor, process owners undertake corrective action in their respective areas and thereby strengthen the controls. Significant
audit observations and their corrective actions are presented to the Board. The team implements the actions basis the recommendation of the
Board.
Auditors and Auditors Report
Statutory Auditor
In terms of the provisions of Section 139 of the Companies Act read with Rules made thereunder, M/s Ravi Rajan & Co LLP* were appointed
with your approval at the 23rd AGM as the Statutory Auditors of the Company for a term of five (5) consecutive years from the conclusion of
23rd AGM till the conclusion of 28th AGM. They continue as the Statutory Auditors of the Company.
*M/s Ravi Rajan & Co. converted from Partnership Firm to Limited Liability Partnership effective September 25, 2019 with new name as M/s
Ravi Rajan & Co LLP.
Statutory Auditors Report
All observations made in the Statutory Auditors Report and notes to the accounts are self-explanatory and do not contain any adverse remarks or
qualification from the Statutory Auditors and thus not call for any further comments under Section 134 of the Companies Act.
There are no audit qualifications or reporting of fraud in the Statutory Auditors Report given by M/s Ravi Rajan & Co LLP of the Company for
the financial year 2019-20 as annexed in the Annual Report.
Secretarial Auditor
Pursuant to Section 204 of the Companies Act, your Company had appointed M/s. SBA & Associates, Company Secretaries and Consultancy
Firm as its Secretarial Auditor to conduct Secretarial Audit for the Financial Year 2019-20. The Secretarial Audit Report for the financial year
ended March 31, 2020 is annexed herewith marked as Annexure-1 to this Report. The Secretarial Audit Report does not contain any qualification,
reservation or adverse remarks.
Disclosures:
Number of meetings of Board of Directors and its Committees
The Company prepares a calendar of meetings of the Board in advance so as to allow the Directors to block their calendars. During the year
under review, the Board of Directors duly met six times on April 17, 2019, May 16, 2019, August 7, 2019, November 7, 2019, February 3, 2020
and March 20, 2020.
7
The number of Board Meetings attended by each Director during the year is as follows:
Name and designation Category No. of Meetings
Held during the Financial Year 2019-20 Attended
Mrs. Tara Singh Vachani Non-Executive Director 6 5
Mrs. Sharmila Tagore* Independent Director 6 1
Mr. Rajit Mehta** Non-Executive Director 6 4
Mr. Jatin Khanna Non-Executive Director 6 6
Mrs. Ambica Chaturvedi Non-Executive Director 6 6
*Mrs. Sharmila Tagore was appointed as an Independent Director effective December 31, 2019.
**Mr. Rajit Mehta was appointed as an Additional Director effective August 7, 2019.
Proper notices were given for the above-mentioned meetings and the proceedings were properly recorded and signed minutes were maintained in
the minutes book.
Particulars of the Loans, Investment or Guarantees
Details of Loans, Guarantees and Investments covered under the provisions of Section 186 of the Companies Act are given in the notes to the
Financial Statements.
Particulars of Contracts or Arrangements with Related Parties
All arrangements / transactions entered into by the Company with its related parties during the financial year were in the ordinary course of
business and on an arm's length basis. During the financial year, the Company had not entered into any transactions with related parties which
could be considered material in terms of Section 188 of the Companies Act and accordingly the disclosure of Related Party Transactions in Form
AOC-2 is not applicable. However, names of Related Parties and details of transactions with them during the financial year 2019-20 is annexed
herewith marked as Annexure-2 to this Report.
Vigil Mechanism
The Company endeavors to maintain the highest standards of professionalism, integrity and ethical behavior in the conduct of the affairs of its
constituents in a fair and transparent manner.
Pursuant thereto, the Company had whistleblower policy or a vigil mechanism in place. The policy aims to provide the appropriate platform and
protection for whistle blowers to report instances of any actual or suspected incidents of unethical practices, violation of applicable laws and
regulations including the Integrity Code, Code of Conduct, Code of Fair Practices and Disclosure. In accordance with the Policy, the directors and
employees can report their concerns about unethical behavior, actual or suspected fraud, or violation of Company Code of Conduct and Ethics.
The Company had created Email ID speakup@antaraseniorliving.com for team members to reach out. Drop boxes are also installed at different
office locations for anonymous complaints.
During the financial year under review, no complaints were received by the Company.
Public Deposits
During the financial year under review, the Company has not accepted or renewed any deposits from the public.
Risk Management Policy
Your Company continues to focus on a system-based approach to business risk management that supports the achievement of our objectives by
addressing the full spectrum of its risks and managing the combined impact of those risks as an interrelated risk portfolio. Your Company has
implemented a risk management policy adopted by the Board of directors for assessing the key risks faced by the organization such as strategic,
operational, financial, credit, market, liquidity, information technology, legal, regulatory and other risks.
Your Company proactively identify, assess, treat, monitor and report risks to the Board. Every quarter, the Board reviews the principal risks and
uncertainties that can impact the ability of the Company to achieve its strategic objectives and seek measures to minimize the adverse impact of
these risks.
8
Conservation of Energy and Technology Absorption
The information on conservation of energy, technology absorption and foreign exchange earnings & outgo as stipulated under Section 134(3)(m)
of the Companies Act read with Companies (Accounts) Rules, 2014 is as follows:
a) Conservation of Energy
(i) the steps taken or impact on conservation of energy: Use of LED lightings, using energy efficient equipment incorporating latest technology,
regular maintenance and upkeep, use of sensors in basements, managing lights in common areas as per usage, etc. are some of the energy saving
measures implemented at the Community.
(ii) the steps taken by the Company for using alternate sources of energy: Since your Company is not an energy intensive unit, utilization of
alternate source of energy may not be feasible.
(iii) Capital investment on energy conservation equipment: Nil
b) Technology Absorption
Your Company is not engaged in manufacturing activities, therefore there is no specific information to be furnished in this regard.
There was no expenditure incurred on Research and Development during the period under review.
c) Foreign Exchange Earnings and Outgo
The foreign exchange earnings and outgo are given below:
9
Total Foreign Exchange earned: NIL

Total Foreign Exchange used: NIL
(Rs. in Lakhs)
PARTICULARS
2019-20 2018-19
Foreign Exchange Outgo
Directors Sitting Fees - -
Marketing expense - 5.58
Capital Work in Progress - -
Total - 5.58
Extract of Annual Return
Extract of Annual Return in Form No. MGT-9 as provided under Section 92(3) of the Companies Act is annexed herewith as Annexure-3 to this
report.
Secretarial Standards
Your Directors confirm compliance of all applicable Secretarial Standards during the financial year 2019-20.
Particulars of Employees
The information required under Rule 5 (2) and (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is
provided in the Annexure- 4 to this Report. None of the employees listed in the said Annexure is related to any Director of the Company.
Prevention of Sexual Harassment of Women at Workplace
The Company has in place a Prevention of Sexual Harassment Policy in line with the requirements of the Sexual Harassment of Women at
Workplace (Prevention, Prohibition and Redressal) Act, 2013. An Internal Committee has been set up to redress complaints received regarding
sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this policy.
No case under the said Act has been reported during the financial year under review.
Directors Responsibility Statement
Pursuant to the requirement under Section 134(5) of the Companies Act, with respect to Directors Responsibility Statement, your Directors
confirm that:
a. in the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to
material departures;
b. the directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit and loss of the
Company for that period;
c. the directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
the Companies Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;
d. the directors have prepared the annual accounts on a going concern basis; and
e. the directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate
and were operating effectively.
f. the directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were
adequate and operating effectively.
Acknowledgement
Your Directors would like to express their sincere appreciation to the various government departments, its stakeholders, bankers, service partners
10
and all its business associates for their co-operation and support extended to the Company. Your Directors also wish to express their gratitude to
the management and its team members for their hard work, dedication and commitment during the year under review.
For and on behalf of Board
For Antara Purukul Senior Living Ltd.
Place: New Delhi Tara Singh Vachani Rajit Mehta
Date: May 27, 2020 Director Director
DIN No. 02610311 DIN No. 01604819
ENCLOSURES:
Annexure-1: Secretarial Auditor Report for financial year 2019-20
Annexure-2: List of Related Party Transactions for financial year 2019-20
Annexure-3: Extract of Annual Return of the Company
Annexure-4: Particulars of Employees and their remuneration
Annexure-1:
Form No. MR-3

SECRETARIAL AUDIT REPORT
(For the Financial Year ended 31stMarch, 2020)
[Pursuant to Section 204(1) of the Companies Act, 2013 and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014]
To,
The Members
Antara Senior Living Guniyal Gaon,
P.O. - Sinola Dehradun
Uttrakhand 248003
We have conducted the secretarial audit of the compliance of applicable statutory provisions and the adherence to good corporate practices by
Antara Purukul Senior Living Limited (hereinafter called the Company or APSLL). Secretarial Audit was conducted in a manner that provided us
a reasonable basis for evaluating the corporate conducts/statutory compliances and expressing our opinion thereon.
Based on our verification of books, papers, minute books, forms and returns filed and other records maintained by the Company and also the
information provided by the Company, its officers, agents and authorized representatives during the conduct of Secretarial Audit, We hereby
report that in our opinion, the Company has, during the audit period covering the Financial Year ended on 31st March, 2020, complied with the
statutory provisions listed hereunder and also that the Company has proper Board-processes and compliance-mechanism in place to the extent, in
the manner and subject to the reporting made hereinafter:
1. We have examined the books, papers, minute books, forms and returns filed and other records maintained by Company for the financial year
ended on 31st March, 2020 according to the provisions of:
I. The Companies Act, 2013 (the Act) and the Rules made thereunder;
II. The Securities Contracts (Regulation) Act, 1956 (SCRA) and the rules made thereunder (Not Applicable to the Company as the
equity shares of the Company are not listed on any stock exchange);
III. The Depositories Act, 1996 and the Regulations and Bye-laws framed thereunder (Not Applicable to the Company during the Audit
period);
IV. Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of Foreign Direct Investment,
11
Overseas Direct Investment and External Commercial Borrowings (Not Applicable to the Company during the Audit period);
V. The following Regulations and Guidelines prescribed under the Securities and Exchange Board of India Act, 1992 (SEBI Act) (Not
Applicable to the Company as the shares of the Company are not listed on any stock exchange).
(a) The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
(b) The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
(c) The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;
(d) The Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014;
(e) The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations,2008;
(f) The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Act and
dealing with client to the extent applicable;
(g) The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009;
(h) The Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998;
(i) The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
VI. We, based upon the Management Representation, further report that there are adequate systems and processes in the Company
commensurate with the size and operations of the Company to monitor and ensure compliance with all the laws, rules, regulations and guidelines
as specifically applicable to the Company on the basis of information received from the management including but not limited to:
a) The Real Estate (Regulation and Development) Act, 2016 and rules of the state(s) where project was being undertaken;
b) Transfer of Property Act, 1882;
c) Stamp Duty Act, 1899;
d) The Building and Other Construction Workers (Regulation of Employment & Conditions of Service) Act, 1996.
e) Labour laws such as Provident Fund, ESI, Minimum Wages, Payment of Gratuity Act.
We have also examined compliance with the applicable clauses of Secretarial Standards issued by The Institute of Company Secretaries of India
(ICSI) with regard to Board Meeting and General Meeting.
During the period under review the Company has generally complied with the provisions of the Act, Rules, Regulations, Guidelines, Standards, to
the extent applicable to the Company.
2. We further report that:
a. The Board of Directors of the Company is duly constituted with proper balance of Executive and Non-Executive Directors.
Following changes in the composition of the Board of Directors which took place during the period under review, were carried out in compliance
with the provisions of the Act.
Mr. Rajit Mehta was appointed as an Additional Director of the Company w.e.f. August 07, 2019.
Mrs. Sharmila Tagore was appointed as an Independent Director of the Company for a period of five years from December 31, 2019 upto
December 30, 2024.
b. Adequate notice was given to all directors to schedule the Board Meetings, agenda and detailed notes on agenda were sent at least
seven days in advance (including shorter notices duly approved by majority of Directors), and a system exists for seeking and obtaining further
information and clarifications on the agenda items before the meeting and for meaningful participation at the meeting.
c. Board decisions are carried out with unanimous consent and therefore, no dissenting views were required to be captured and
recorded as part of the minutes.
We further report that there are adequate systems and processes in the Company commensurate with the size and operations of the Company to
monitor and ensure compliance with applicable laws, rules, regulations and guidelines.
We further report that during the Audit period, the Company has:
1. Altered the Memorandum of Association of the Company to increase its authorised share capital from Rs. 275,00,00,000 (Rupees Two
Hundred and Seventy-Five Crores) to Rs. 311,00,00,000 (Rupees Three Hundred and Eleven Crores) on March 20, 2020.
2. Issued and allotted 3,96,70,000 (Three Crores Ninety Six Lakhs Seventy Thousand) Equity Shares of Rs. 10/- (Rupees Ten Only) each
aggregating to Rs. 39,67,00,000 (Thirty-Nine Crores Sixty Seven Lakhs only) on Rights Issue basis to Antara Senior Living Limited, its holding
company, from time to time pursuant to section 62 and other applicable provisions of the Act. The details of allotments during the period under
review is as under
11,70,000 Equity Shares of Rs. 10 each allotted on May 16, 2019.
25,00,000 Equity Shares of Rs. 10 each allotted on July 22, 2019.
5,00,000 Equity Shares of Rs. 10 each allotted on November 07, 2019.
15,00,000 Equity Shares of Rs. 10 each allotted on December 26, 2019.
8,00,000 Equity Shares of Rs. 10 each allotted on February 03, 2020.
3,32,00,000 Equity Shares of Rs. 10 each allotted on March 31, 2020.
This report is to be read with our letter of even date which is annexed as Annexure and forms integral part of this report.
For SBA & Associates

Firm Reg. No.: S2019DE707500
Sonia Bansal Arora

Practicing Company Secretary
FCS No. : 10279
12
CP No. : 22524
UDIN : F010279B000238848
Place: New Delhi
Date: May 14, 2020
Annexure to Secretarial Audit Report of Antara Purukul Senior Living Limited for financial year ended 31stMarch, 2020
To,
The Members
Uttrakhand 248003
Management Responsibility for Compliances
1. The maintenance and compliance of the provisions of Corporate and other applicable laws, rules, regulations, secretarial standards are the
responsibility of the management of the Company. Our responsibility is to express an opinion on these secretarial records based on our audit.
2. We have followed the audit practices and process as were appropriate to obtain reasonable assurance about the correctness of the contents
of the secretarial records. The verification was done on test basis to ensure that correct facts are reflected in secretarial records. We believe that
the process and practices we followed provide a reasonable basis for our opinion.
3. We have not verified the correctness and appropriateness of financial records and Books of Accounts of the Company.
4. Due to COVID 19 pandemic, relevant documents were reviewed digitally and no physical document was reviewed or verified.
5. Wherever required, we have obtained the Management representation about the compliance of laws, rules and regulations and happening of
events etc.
6. The compliance of the provisions of corporate and other applicable laws, rules, regulations, standards is the responsibility of the
management. Our examination was limited to the verification of procedures on test basis.
7. The Secretarial Audit report is neither an assurance as to the future viability of the Company nor of the efficacy or effectiveness with which
the management has conducted the affairs of the Company.

Sonia Bansal Arora

FCS No. : 10279
CP No. : 22524
UDIN : F010279B000238848
Place: New Delhi
Date: May 14, 2020
Annexure 2
Notes forming part of the financial statements for the period ended March 31, 2020
(Amount in INR lakhs, unless otherwise stated)
13
The following table provides the total amount of transactions that have been entered into with related parties for the relevant financial year.
For the year ended March For the year ended March
Nature of transaction Name of related party
31, 2020 31, 2019
KMP Compensation *
(Short term employee benefits)
Salary and Wages (incl perquisite) Ashish Loach 37.17 4.43
Samridhi Kinra (Company

Salary and Wages 4.5 1.65
Secretary)
Ashima Jain (Company

Salary and Wages - 2.92
Secretary)
Independent Director Sitting Fees Sharmila Tagore 1 -
Long term employee benefit

Leave encashment - 0.15
Secretary)
Retiral benefits of transferred

Antara Care Homes Limited 0.3 -
employee
Transaction with related party
Purchase of vehicle Max India Limited 3.53 -
Interest expense on borrowings Max India Limited 229.85 186.09
Loan taken by the Company Max India Limited 14 1,233.81
Sales Commission expense Antara Senior Living Limited 71.94 62.96
Maintenace income from apartments

Antara Senior Living Limited 18.96 -
on rent
Max Bupa Health Insurance

Health Insurance 6.85 5.81
Limited
Sale of club services and

Vana Enterprise Limited 3.51 -
secondment income
Rental income for apartments Veer Singh 12.49 -

Veer Singh 22.93 -
on rent
Sale of club services Veer Singh 2.64 -
Deposit received for short term lease Veer Singh 7.68 -
* The remuneration to the key managerial personel does not include the provisions made for Gratuity and Compensated absences, as they are
determined on the actuarial basis for the Company as a whole.
The following table provides the year end balances with related parties for the relevant financial year :
14
For the year ended March 31, For the year ended March 31,
2020 2019
Other financial liability retiral Antara Care Homes

0.3 -
benefits Limited
Security deposit Mr. Analjit Singh 187.86 187.86
Security deposit Dr. Shubnum Singh 28.18 28.18
Advance from customers Vana Enterprise Limited 2.85 -
Advance from customers Veer Singh 0.61 -
Security deposit Veer Singh 7.68 -
Interest payable to Max India Max India 375.25 168.38
Loan balance at the year end Max India 1,947.81 1,933.81
Corporate guarantees received Max India 22,000.00 22,000.00

Corporate guarantees received 22,000.00 22,000.00
Limited
DIN No. 02610311 DIN No. 01604819
Annexure-3
FORM NO. MGT 9

EXTRACT OF ANNUAL RETURN
As on Financial Year ended on 31.03.2020
Pursuant to Section 92 (3) of the Companies Act, 2013 and rule 12(1) of the Company (Management & Administration ) Rules, 2014.
I REGISTRATION & OTHER DETAILS:
i CIN U74120UR1995PLC018283
ii Registration Date 21-06-1995
ANTARA PURUKUL SENIOR LIVING

iii Name of the Company
LIMITED
iv Category/Sub-category of the Company UNLISTED PUBLIC COMPANY
ANTARA SENIOR LIVING, GUNIYAL

Address of the Registered office &
v GAON, P.O. - SINOLA, DEHRADUN,
15
contact details UTTARAKHAND 248003 IN
vi Whether listed company NO
Name , Address & contact details of the

vii MAS SERVICES LIMITED
Registrar & Transfer Agent, if any.
T-34, 2ND FLOOR, OKHLA INDUSTRIAL

AREA
PHASE-II, NEW DELHI-110020
PH: 011-26387281 FAX: 011-26387384
PRINCIPAL BUSINESS ACTIVITIES OF

II
THE COMPANY
All the business activities contributing

10% or more of the total turnover of the
company shall be stated
SL Name & Description of main % to total

NIC Code of the Product/service
No products/services turnover
of the
company
Real Estate Activities with owned or

1 NIC Code 2008 100
leased property
6810
PARTICULARS OF HOLDING ,
III SUBSIDIARY & ASSOCIATE
COMPANIES
HOLDING/
% OF
Sl SUBSIDIARY/ APPLICABLE
Name & Address of the Company CIN/GLN SHARES
No SECTION
HELD
ASSOCIATE
1 ANTARA SENIOR LIVING LIMITED U74140DL2011PLC218781 HOLDING 100 2(46)
IV (i) SHAREHOLDING PATTERN (Equity Share capital Break up as % to total Equity)
%
No. of Shares held at No. of Shares change
Category of
the beginning of the held at the end of during
Shareholders
year the year the
year
% of % of
Demat Physical Total Total Demat Physical Total Total
Shares Shares
A. Promoters
(1) Indian
a)
Individual/HUF
16
b) Central
Govt.or State
Govt.
c) Bodies
256827089 2000000 258827089 100 256827089 41670000 298497089 100 15.33%
Corporates
d) Bank/FI
e) Any other
SUB TOTAL:(A)
256827089 2000000 258827089 100 256827089 41670000 298497089 100 15.33%
(1)
(2) Foreign
a) NRI-
Individuals
b) Other
Individuals
c) Bodies Corp.
d) Banks/FI
e) Any other
SUB TOTAL (A)

(2)
Total
Shareholding of 256827089 2000000 258827089 100 256827089 41670000 298497089 100 15.33%
Promoter
(A)=
(A)(1)+(A)(2)
B. PUBLIC SHAREHOLDING
(1) Institutions
a) Mutual Funds
b) Banks/FI
C) Cenntral govt
d) State Govt.
e) Venture Capital Fund
f) Insurance Companies
g) FIIS
h) Foreign Venture
Capital Funds
i) Others (specify)
17
SUB TOTAL (B)(1):
(2) Non Institutions
a) Bodies corporates
i) Indian
ii) Overseas
b) Individuals
i) Individual shareholders holding nominal share capital upto Rsi+A20.1 lakhs
ii) Individuals shareholders holding nominal share capital in excess of Rs. 1

lakhs
c) Others (specify)
SUB TOTAL (B)(2):
Total Public Shareholding
(B)= (B)(1)+(B)(2)
C. Shares held by Custodian for N.A N.A N.A N.A N.A
GDRs & ADRs
Grand Total (A+B+C) 256827089 2000000 258827089 100 256827089
(ii) SHARE HOLDING OF PROMOTERS
Shareholding at
Sl Shareholders
the begginning of
No. Name
the year
% of shares
% of total
pledged
No. of shares shares of the
encumbered to total
company
shares
ANTARA
SENIOR
1 258827089 100 0
LIVING
LIMITED
Total 258827089 100 0
% change in
Shareholding
Sl Shareholders share holding
at the end of
No. Name during the
the year
year
% of total % of shares
18
No. of shares of pledged

shares the encumbered to
company total shares
ANTARA
SENIOR
1 298497089 100 0 15.33%
LIVING
LIMITED
Total 298497089 100 0 15.33%
(iii) CHANGE IN PROMOTERS' SHAREHOLDING ( SPECIFY IF THERE

IS NO CHANGE)
Share Cumulative
holding at Share
Sl.
the holding
No.
beginning during the
of the Year year
% of % of
total total
No. of No. of
shares shares
Shares shares
of the of the
company company
At the beginning of the

258827089 100 258827089 100
year
Date wise
increase/decrease in
Allotment
Promoters Share holding
3,96,70,000
during the year
Equity
specifying the reasons
shares of
for increase/decrease
Rs. 10/-
(e.g.
each
allotment/transfer/bonus/
sweat equity etc)
Date of allottment
16.05.2019 1170000 100 259997089 100
22.07.2019 2500000 100 262497089 100
07.11.2019 500000 100 262997089 100
26.12.2019 1500000 100 264497089 100
03.02.2020 800000 100 265297089 100
31.03.2020 33200000 100 298497089 100
At the end of the year 298497089 100 298497089 100
(iv) Shareholding Pattern of top ten Shareholders (other than Directors, Promoters & Holders of GDRs & ADRs)
Shareholding Cumulative
Sl.
at the end of Shareholding
No
the year during the year
19
% of total % of total
For Each of the Top 10 Shareholders No.of shares shares of No. of shares shares of
the company the company
At the beginning of the year
Date wise increase/decrease in Promoters Share holding during

Not
the year specifying the reasons for increase/decrease (e.g.
Applicable
allotment/transfer/bonus/sweat equity etc)
At the end of the year (or on the date of separation, if separated

during the year)
(v) Shareholding of Directors & KMP
Sl.
No
For Each of the Directors & KMP No.of shares shares of No of shares shares of

the year specifying the reasons for increase/decrease (e.g. NIL
At the end of the year
V INDEBTEDNESS
Indebtedness of the Company including interest outstanding/accrued but not due for payment
Secured Loans excluding Unsecured Total

Deposits
deposits Loans Indebtedness
Indebtness at the beginning of the financial

year
i) Principal Amount 1,93,52,31,713.35 19,33,81,000.00 2,12,86,12,713.35
ii) Interest due but not paid - - -
iii) Interest accrued but not due 1,68,38,283.00 1,68,38,283.00
Total (i+ii+iii) 1,93,52,31,713.35 21,02,19,283.00 2,14,54,50,996.35
Change in Indebtedness during the financial

year
Additions 283776895.7 2,20,86,909.00 30,58,63,804.74
Reduction 52,17,44,110.39 - 52,17,44,110.39
Net Change -23,79,67,214.65 2,20,86,909.00 -21,58,80,305.65
Indebtedness at the end of the financial year
20
ii) Interest due but not paid - -
Total (i+ii+iii) 1,69,72,64,498.70 23,23,06,192.00 1,92,95,70,690.70
VI REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL*

A. Remuneration to Managing Director, Whole time director and/or Manager:
Name of the Total

Sl.No Particulars of Remuneration
MD/WTD/Manager Amount
Managing
1 Gross salary Manager
Director
Ashish
Loach
(a) Salary as per provisions contained in section 17(1) of the

N.A N.A 32,92,206.00
Income Tax. 1961.
(b) Value of perquisites u/s 17(2) of the Income tax Act,

N.A N.A 424657
1961
(c ) Profits in lieu of salary under section 17(3) of the Income

N.A N.A N.A N.A
Tax Act, 1961
2 Stock option N.A N.A N.A N.A
3 Sweat Equity N.A N.A N.A N.A
4 Commission
as % of profit N.A N.A N.A N.A
others (specify) N.A N.A N.A N.A
5 Others, please specify N.A N.A N.A N.A
Total (A) 37,16,863.00 0
Ceiling as per the Act
Sl.No Particulars of Remuneration Name of the Directors
1 Independent Directors Sharmila Tagore Total Amount
(a) Fee for attending board committee meetings 1,00,000
(b) Commission 1,00,000
(c ) Others, please specify
Total (1)
21
2 Other Non Executive Directors
(a) Fee for attending
board committee meetings
(b) Commission
(c ) Others, please specify.
Total (2)
Total (B)=(1+2) 1,00,000 1,00,000
Total Managerial Remuneration 1,00,000 1,00,000
Overall Cieling as per the Act
C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MD/MANAGER/WTD
Sl. Key Managerial

Particulars of Remuneration
No. Personnel
1 Gross Salary CEO CS CFO Total
Samridhi Kinra
(a) Salary as per provisions contained in section 17(1) of the Income Tax Act,
N.A 4,50,000.00 N.A
1961.
(b) Value of perquisites u/s 17(2) of the Income Tax Act, 1961 N.A N.A N.A N.A
(c ) Profits in lieu of salary under section 17(3) of the Income Tax Act, 1961 N.A N.A N.A N.A
2 Stock Option N.A N.A N.A N.A
4 Commission as % of N.A N.A N.A N.A
profit N.A N.A N.A N.A
others, specify N.A N.A N.A N.A
Total N.A 4,50,000.00 N.A
VII PENALTIES/PUNISHMENT/COMPOUNDING OF OFFENCES
Details of
Section of the Brief Authority
Type Penalty/Punishment/Compounding fees
Companies Act Description (RD/NCLT/ Court)
imposed
A. COMPANY
Penalty N.A N.A N.A N.A
Punishment N.A N.A N.A N.A
22
Compounding N.A N.A N.A N.A
B. DIRECTORS
C. OTHER OFFICERS IN
DEFAULT
DIN No. 02610311 DIN No. 01604819
Annexure 4
Information as required under Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and forming
part of the Directors Report for the Financial Year ended March 31, 2020
Top 10 employees in terms of remuneration drawn
Total Designation
Sl. Employee Date of
Designation Qualification Age Previous employer experience at previous Amount
No. Name joining
in years employment
Arun Pratap Senior Manager

Carnoustie Eco Resorts Project
1 Singh - Administration B.A. 54.7 35.8 1-Jul-13 1,973,020
Pvt. Ltd. Manager
Rajura & Liaison
Senior Manager Area Head

Sonia Graduate in
2 - Community 54.4 VLCC 27.8 Operations 7-Jul-14 2,035,569
Kumar Arts, IRDA
Development (UP & UK)
Raghvendra
B.Sc. Greenplace Landscapes Project
3 Bhushan Horticulturist 47.8 16.2 17-Feb-14 1,058,535
(Agriculture) India Pvt. Ltd. Executive
Singh
Assistant Graduate in
Sunil
4 Project Eco & 40.7 Q net Pvt Ltd. 20.5 Consultant 15-Jul-16 1,138,455
Thapar
Specialist Psychology
Ashish General Jaypee Hotels and Resident

5 BHM 42.9 19.2 15-Feb-17 3,000,000
Loach Manager Resorts, Mussoorie Manager
23
Sumit Head - Resident B. Com, Dip. Zenica Cars India Pvt. Lifestyle
6 In 43.5 17.1 13-Apr-17 1,279,655
Marwah Services Ltd. Manager
International
Tourism
Manmohan Manager B. Com, CA Accounts

7 42.1 Argon Hotels Pvt Ltd. 20.6 22-Sep-18 1,104,658
Taneja Procurement (inter) Manager
Manoj Dy. Manager

8 Head Finance B. Com 33.6 Jaypee Hotels Ltd. 11.4 14-Dec-18 1,200,000
Sharma Purchase
COLLIERS
Sunil B. Tech INTERNATIONAL INDIA Senior Estate
9 Chief Engineer 31.1 50.0 2-Apr-19 1,500,000
Raghav (Mech) Eqvt. PROPERTY SERVICES Manager
PRIVATE LTD
Shilpi Head - Clinical Swasth Family Health

10 MBBS, PG 44.9 20.8 Consultant 15-Jul-19 2,300,000
Kulshrestha Services Center, Dehradun
Note: All are permanent employees and are governed by their letter of appointment.
Employees who have received remuneration not less than Rs. 1.20 Crores in FY 2018-19 (earlier it was 60 Lakhs) - NIL
DIN No. 02610311 DIN No. 01604819
Description of state of companies affair

Review of Operations and Operational Initiatives Your Company offers a wide range of services to its residents at the senior living community
at Dehradun, ranging from curated engagement activities, nutritionally assisted cuisine, proactive and preventive health/wellness activities,
resident concierge services, safety & security, housekeeping, IT infrastructure & support, access to gym, all weather pool, therapies, salon etc.
There is a dedicated team of about 200 members at Antara Dehradun to take care of the Residents. The community at Dehradun is expected to be
fully leased in next 2-3 years. The Company has been working towards generating revenue to meet its cost and reduce operation loss due to lower
occupancy. The operations team have been working on various ideas and plans to generate revenue. The holding Company, M/s Antara Senior
Living Limited (ASLL) provides marketing and operational support to the Company. Innovative marketing strategies are being implemented to
attract clients to the community. The client engagement process has been made very detailed and engaging to identify client needs and offer them
relevant products/services to meet their requirements.
24
Details regarding energy conservation

Conservation of Energy and Technology Absorption The information on conservation of energy, technology absorption and foreign exchange
earnings & outgo as stipulated under Section 134(3)(m) of the Companies Act read with Companies (Accounts) Rules, 2014 is as follows: a)
Conservation of Energy (i) the steps taken or impact on conservation of energy: Use of LED lightings, using energy efficient equipment
incorporating latest technology, regular maintenance and upkeep, use of sensors in basements, managing lights in common areas as per usage,
etc. are some of the energy saving measures implemented at the Community. (ii) the steps taken by the Company for using alternate sources of
energy: Since your Company is not an energy intensive unit, utilization of alternate source of energy may not be feasible. (iii) Capital investment
on energy conservation equipment: Nil
Steps taken or impact on conservation of energy [Text block]

Conservation of Energy and Technology Absorption
The information on conservation of energy, technology absorption and foreign exchange earnings & outgo as stipulated under Section 134(3)(m)
of the Companies Act read with Companies (Accounts) Rules, 2014 is as follows:
Steps taken by the company for utilising alternate sources of energy [Text block]
Details regarding technology absorption

b) Technology Absorption Your Company is not engaged in manufacturing activities, therefore there is no specific information to be furnished
in this regard. There was no expenditure incurred on Research and Development during the period under review.
25
Efforts made towards technology absorption [Text block]

b) Technology Absorption
Your Company is not engaged in manufacturing activities, therefore there is no specific information to be furnished in this regard.
There was no expenditure incurred on Research and Development during the period under review.
Benefits derived regarding technology absorption

b) Technology Absorption Your Company is not engaged in manufacturing activities, therefore there is no specific information to be furnished
in this regard. There was no expenditure incurred on Research and Development during the period under review.
Details regarding foreign exchange earnings and outgo

c) Foreign Exchange Earnings and Outgo The foreign exchange earnings and outgo are given below: Total Foreign Exchange earned: NIL
Total Foreign Exchange used: NIL PARTICULARS 2019-20 2018-19 Foreign Exchange Outgo Directors Sitting Fees - - Marketing expense -
5.58 Capital Work in Progress - - Total - 5.58
Disclosures in director’s responsibility statement

Directors Responsibility Statement Pursuant to the requirement under Section 134(5) of the Companies Act, with respect to Directors
Responsibility Statement, your Directors confirm that: a. in the preparation of the annual accounts, the applicable accounting standards have
been followed along with proper explanation relating to material departures; b. the directors have selected such accounting policies and applied
them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the
Company at the end of the financial year and of the profit and loss of the Company for that period; c. the directors have taken proper and
sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act for safeguarding the
assets of the Company and for preventing and detecting fraud and other irregularities; d. the directors have prepared the annual accounts on a
going concern basis; and e. the directors have laid down internal financial controls to be followed by the Company and that such internal
financial controls are adequate and were operating effectively. f. the directors have devised proper systems to ensure compliance with the
provisions of all applicable laws and that such systems were adequate and operating effectively.
Details of material changes and commitment occurred during period affecting financial position of company
Material change affecting the financial position of the Company since March 31, 2020 to the date of the Report: There is no material change
affecting the financial position of the Company since March 31, 2020 to the date of Report.
Particulars of loans guarantee investment under section 186 [Text Block]

Particulars of the Loans, Investment or Guarantees
Details of Loans, Guarantees and Investments covered under the provisions of Section 186 of the Companies Act are given in the notes to the
Financial Statements.
26
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
Particulars of Contracts or Arrangements with Related Parties
All arrangements / transactions entered into by the Company with its related parties during the financial year were in the ordinary course of
business and on an arm's length basis. During the financial year, the Company had not entered into any transactions with related parties which
could be considered material in terms of Section 188 of the Companies Act and accordingly the disclosure of Related Party Transactions in Form
AOC-2 is not applicable. However, names of Related Parties and details of transactions with them during the financial year 2019-20 is annexed
herewith marked as Annexure-2 to this Report.
27
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
Annexure-3
FORM NO. MGT 9

EXTRACT OF ANNUAL RETURN
As on Financial Year ended on 31.03.2020
Pursuant to Section 92 (3) of the Companies Act, 2013 and rule 12(1) of the Company (Management & Administration ) Rules, 2014.
I REGISTRATION & OTHER DETAILS:
i CIN U74120UR1995PLC018283
ii Registration Date 21-06-1995
ANTARA PURUKUL SENIOR LIVING

iii Name of the Company
LIMITED
iv Category/Sub-category of the Company UNLISTED PUBLIC COMPANY
ANTARA SENIOR LIVING, GUNIYAL

Address of the Registered office &
v GAON, P.O. - SINOLA, DEHRADUN,
contact details
UTTARAKHAND 248003 IN
vi Whether listed company NO
Name , Address & contact details of the

vii MAS SERVICES LIMITED
Registrar & Transfer Agent, if any.
T-34, 2ND FLOOR, OKHLA INDUSTRIAL

AREA
PHASE-II, NEW DELHI-110020
PH: 011-26387281 FAX: 011-26387384
PRINCIPAL BUSINESS ACTIVITIES OF

II
THE COMPANY
All the business activities contributing

10% or more of the total turnover of the
company shall be stated
SL Name & Description of main % to total

NIC Code of the Product/service
No products/services turnover
of the
company
Real Estate Activities with owned or

1 NIC Code 2008 100
leased property
6810
PARTICULARS OF HOLDING ,
III SUBSIDIARY & ASSOCIATE
28
COMPANIES
HOLDING/
% OF
Sl SUBSIDIARY/ APPLICABLE
Name & Address of the Company CIN/GLN SHARES
No SECTION
HELD
ASSOCIATE
1 ANTARA SENIOR LIVING LIMITED U74140DL2011PLC218781 HOLDING 100 2(46)
IV (i) SHAREHOLDING PATTERN (Equity Share capital Break up as % to total Equity)
%
No. of Shares held at No. of Shares change
Category of
the beginning of the held at the end of during
Shareholders
year the year the
year
% of % of
Demat Physical Total Total Demat Physical Total Total
Shares Shares
A. Promoters
(1) Indian
a)
Individual/HUF
b) Central
Govt.or State
Govt.
c) Bodies
256827089 2000000 258827089 100 256827089 41670000 298497089 100 15.33%
Corporates
d) Bank/FI
e) Any other
SUB TOTAL:(A)
256827089 2000000 258827089 100 256827089 41670000 298497089 100 15.33%
(1)
(2) Foreign
a) NRI-
Individuals
b) Other
Individuals
c) Bodies Corp.
d) Banks/FI
e) Any other
SUB TOTAL (A)

(2)
Total
Shareholding of 256827089 2000000 258827089 100 256827089 41670000 298497089 100 15.33%
Promoter
29
(A)=
(A)(1)+(A)(2)
B. PUBLIC SHAREHOLDING
(1) Institutions
a) Mutual Funds
b) Banks/FI
C) Cenntral govt
d) State Govt.
e) Venture Capital Fund
f) Insurance Companies
g) FIIS
h) Foreign Venture
Capital Funds
i) Others (specify)
SUB TOTAL (B)(1):
(2) Non Institutions
a) Bodies corporates
i) Indian
ii) Overseas
b) Individuals
i) Individual shareholders holding nominal share capital upto Rsi+A20.1 lakhs
ii) Individuals shareholders holding nominal share capital in excess of Rs. 1

lakhs
c) Others (specify)
SUB TOTAL (B)(2):
Total Public Shareholding
(B)= (B)(1)+(B)(2)
C. Shares held by Custodian for N.A N.A N.A N.A N.A
GDRs & ADRs
Grand Total (A+B+C) 256827089 2000000 258827089 100 256827089
30
(ii) SHARE HOLDING OF PROMOTERS
Shareholding at
Sl Shareholders
the begginning of
No. Name
the year
% of shares
% of total
pledged
No. of shares shares of the
encumbered to total
company
shares
ANTARA
SENIOR
1 258827089 100 0
LIVING
LIMITED
Total 258827089 100 0
% change in
Shareholding
Sl Shareholders share holding
at the end of
No. Name during the
the year
year
% of total % of shares
No. of shares of pledged
shares the encumbered to
company total shares
ANTARA
SENIOR
1 298497089 100 0 15.33%
LIVING
LIMITED
Total 298497089 100 0 15.33%
(iii) CHANGE IN PROMOTERS' SHAREHOLDING ( SPECIFY IF THERE

IS NO CHANGE)
Share Cumulative
holding at Share
Sl.
the holding
No.
beginning during the
of the Year year
% of % of
total total
No. of No. of
shares shares
Shares shares
of the of the
company company
At the beginning of the

258827089 100 258827089 100
year
Date wise
increase/decrease in
Promoters Share holding
during the year
31
specifying the reasons

for increase/decrease
Allotment
3,96,70,000
Equity
shares of
Rs. 10/-
each
32
(e.g.
allotment/transfer/bonus/
sweat equity etc)
Date of allottment
16.05.2019 1170000 100 259997089 100
22.07.2019 2500000 100 262497089 100
07.11.2019 500000 100 262997089 100
26.12.2019 1500000 100 264497089 100
03.02.2020 800000 100 265297089 100
31.03.2020 33200000 100 298497089 100
At the end of the year 298497089 100 298497089 100
(iv) Shareholding Pattern of top ten Shareholders (other than Directors, Promoters & Holders of GDRs & ADRs)
Sl.
No
For Each of the Top 10 Shareholders No.of shares shares of No. of shares shares of

Not
the year specifying the reasons for increase/decrease (e.g.
Applicable
At the end of the year (or on the date of separation, if separated

during the year)
(v) Shareholding of Directors & KMP
Sl.
No
For Each of the Directors & KMP No.of shares shares of No of shares shares of

the year specifying the reasons for increase/decrease (e.g. NIL
At the end of the year
33
V INDEBTEDNESS
Indebtedness of the Company including interest outstanding/accrued but not due for payment
Secured Loans excluding Unsecured Total

Deposits
deposits Loans Indebtedness
Indebtness at the beginning of the financial

year
ii) Interest due but not paid - - -
Total (i+ii+iii) 1,93,52,31,713.35 21,02,19,283.00 2,14,54,50,996.35
Change in Indebtedness during the financial

year
Additions 283776895.7 2,20,86,909.00 30,58,63,804.74
Reduction 52,17,44,110.39 - 52,17,44,110.39
Net Change -23,79,67,214.65 2,20,86,909.00 -21,58,80,305.65
Indebtedness at the end of the financial year
ii) Interest due but not paid - -
Total (i+ii+iii) 1,69,72,64,498.70 23,23,06,192.00 1,92,95,70,690.70

Name of the Total

Managing
Director
Ashish
Loach

N.A N.A 32,92,206.00
Income Tax. 1961.

N.A N.A 424657
1961

N.A N.A N.A N.A
Tax Act, 1961
34
4 Commission
Total (A) 37,16,863.00 0
Total (1)
(b) Commission
Total (2)
Total (B)=(1+2) 1,00,000 1,00,000
Sl. Key Managerial

No. Personnel
Samridhi Kinra
N.A 4,50,000.00 N.A
1961.
35
Total N.A 4,50,000.00 N.A
VII PENALTIES/PUNISHMENT/COMPOUNDING OF OFFENCES
Details of
Section of the Brief Authority
Type Penalty/Punishment/Compounding fees
Companies Act Description (RD/NCLT/ Court)
imposed
A. COMPANY
B. DIRECTORS
C. OTHER OFFICERS IN
DEFAULT
DIN No. 02610311 DIN No. 01604819
36
Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block]
DECLARATION OF INDEPENDENCE BY INDEPENDENT DIRECTOR
The Company has received declaration from Mrs. Sharmila Tagore, Independent Director of the Company confirming that she meets with the
criteria of independence as prescribed under Section 149 of the Companies Act.
Disclosure of statement on development and implementation of risk management policy [Text Block]
Risk Management Policy
Your Company continues to focus on a system-based approach to business risk management that supports the achievement of our objectives by
addressing the full spectrum of its risks and managing the combined impact of those risks as an interrelated risk portfolio. Your Company has
implemented a risk management policy adopted by the Board of directors for assessing the key risks faced by the organization such as strategic,
operational, financial, credit, market, liquidity, information technology, legal, regulatory and other risks.
Your Company proactively identify, assess, treat, monitor and report risks to the Board. Every quarter, the Board reviews the principal risks and
uncertainties that can impact the ability of the Company to achieve its strategic objectives and seek measures to minimize the adverse impact of
these risks.
37
Disclosure of financial summary or highlights [Text Block]

Financial Performance
The financial highlights of your Company for the year under review are given below:
(Rs. in Lacs)
For the Financial Year ended March For the Financial Year ended March
31, 2020 31, 2019
Total Income 6062.74 6421.98
Impairment expense 5000.00 0.00
Total expenses 6020.61 6444.28
EBITDA (4957.87) (22.30)
Less: Depreciation 285.46 291.46
Less: Finance cost 2490.37 2580.68
Profit / (Loss) Before Tax (7733.70) (2894.44)
Less : Tax Adjustment 40.55 -
Profit / (Loss) After Tax (7693.15) (2894.44)
Other Comprehensive Income 6.48 7.99
Total Comprehensive Income (7699.63) (2886.45)
During the financial year under review, the Company recognized impairment loss of Rs. 50 crores on account of diminution in value of the fixed
assets i.e. The Club at the Dehradun Community. After taking effect of such impairment, the Company registered a net loss amounting to Rs.
7699.63 lakhs as compared to a net loss of Rs. 2886.45 lakhs in the previous financial year.
The community is in full operations. Due to unsold inventory, proportionate expenses incurred for the operations of the Company leads to a loss
in the books of the Company. Finance cost is also increasing the loss further. To reduce the loss gap, the Company is making continuous
endeavor to identify new opportunities of revenues in community and measures for cost reductions. The company is also making continuous
efforts to increase the sales velocity to reduce the burden of interest cost.
38
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
Board of Directors
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) applicable on Max India, the Board appointed Mrs.
Sharmila Tagore as an Independent Director in the capacity of Additional Director of the Company for a term of five (5) years effective
December 31, 2019 and upto December 30, 2024.
Tagore has registered herself in the Independent Director’s Databank maintained by Indian Institute of Corporate Affairs (Institute) on December
ensuing AGM and being eligible, has offered herself for re–appointment.
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
Internal Financial Controls
Your Company has in place a proper and adequate internal financial control systems that commensurate with the size, scale and complexity of its
operations. These controls ensure that transactions are authorized, recorded and reported correctly and assets are safeguarded and protected
against loss from unauthorized use or disposition. Documented policies, guidelines and procedures are in place for effective management of
internal financial controls.
An extensive program of internal audits and management reviews conducted in your Company supplements the process of internal financial
control framework. The internal auditors carried out audits in different areas of your Company's operations. They monitor and evaluate the
efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies at
all locations of the Company. To maintain its objectivity and independence, the internal auditors’ reports are presented to the Board. Based on the
report of internal auditor, process owners undertake corrective action in their respective areas and thereby strengthen the controls. Significant
audit observations and their corrective actions are presented to the Board. The team implements the actions basis the recommendation of the
Board.
39
Disclosure of appointment and remuneration of director or managerial personnel if any, in the financial year [Text
Block]
Board of Directors
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) applicable on Max India, the Board appointed Mrs.
Sharmila Tagore as an Independent Director in the capacity of Additional Director of the Company for a term of five (5) years effective
December 31, 2019 and upto December 30, 2024.
Tagore has registered herself in the Independent Director’s Databank maintained by Indian Institute of Corporate Affairs (Institute) on December
ensuing AGM and being eligible, has offered herself for re–appointment.
Key Managerial Personnel
As on the date of this Report, Mr. Ajay Agrawal, CFO, Mr. Ashish Loach, Manager and Ms. Samridhi Kinra, Company Secretary are the Key
Managerial Personnel (KMP) of the Company, pursuant to the provisions of the Companies Act.
During the year under review, there was no change in the composition of KMPs.
Name of the Total

Managing
Director
Ashish
Loach

N.A N.A 32,92,206.00
Income Tax. 1961.

N.A N.A 424657
1961

N.A N.A N.A N.A
Tax Act, 1961
4 Commission
40
Total (A) 37,16,863.00 0
Total (1)
(b) Commission
Total (2)
Total (B)=(1+2) 1,00,000 1,00,000
Sl. Key Managerial

No. Personnel
Samridhi Kinra
N.A 4,50,000.00 N.A
1961.
41
Total N.A 4,50,000.00 N.A
[700500] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] 1 2
01/04/2019 01/04/2019
to to
31/03/2020 31/03/2020
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director Tara Rajit
Middle name of director Singh
Last name of director Vachani Mehta
Non- Executive
Designation of director Director
Director
Director identification number of director 02610311 01604819

Date of signing of financial statements by director 27/05/2020 27/05/2020

01/04/2019
to
31/03/2020
Samridhi
Name of company secretary Kinra
Date of signing of financial statements by company secretary 27/05/2020
A j a y
Name of chief financial officer Agrawal
Date of signing of financial statements by chief financial officer 27/05/2020
42
[700400] Disclosures - Auditors report
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's Clause not
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] favourable remark applicable
[Member] [Member]
01/04/2019 01/04/2019
to to
31/03/2020 31/03/2020
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Textual information
Disclosure in auditors report relating to fixed assets (21) [See below]
(a) The Company
has maintained
proper records
showing full
Disclosure relating to quantitative details of fixed assets particulars, including
quantitative details
and situation of fixed
assets.
Disclosure relating to physical verification and material discrepancies of fixed Textual information
assets (22) [See below]
Textual information
Disclosure relating to title deeds of immovable properties (23) [See below]
Textual information
Disclosure in auditors report relating to inventories (24) [See below]
Textual information
Disclosure in auditors report relating to loans (25) [See below]
Disclosure in auditors report relating to compliance with Section 185 and 186 of Textual information
Companies Act, 2013 (26) [See below]
Textual information
Disclosure in auditors report relating to deposits accepted (27) [See below]
Having regard to the
nature of the
Company’s
business/ activities,
Disclosure in auditors report relating to maintenance of cost records reporting under
clause (VI) of the
CARO, 2016 is not
applicable.
Textual information
Disclosure in auditors report relating to statutory dues [TextBlock] (28) [See below]
Textual information
Disclosure in auditors report relating to default in repayment of financial dues (29) [See below]
Disclosure in auditors report relating to public offer and term loans used for Textual information
purpose for which those were raised (30) [See below]
Disclosure in auditors report relating to fraud by the company or on the Textual information
company by its officers or its employees reported during period (31) [See below]
Textual information
Disclosure in auditors report relating to managerial remuneration (32) [See below]
(xii) The Company
is not a Nidhi
company and hence
Disclosure in auditors report relating to Nidhi Company reporting under
Clause (xii) of the
Order is not
applicable.
Textual information
Disclosure in auditors report relating to transactions with related parties (33) [See below]
Disclosure in auditors report relating to preferential allotment or private Textual information
placement of shares or convertible debentures (34) [See below]
Disclosure in auditors report relating to non-cash transactions with directors Textual information
or persons connected with him (35) [See below]
43
(xvi) The company

is not required to be
Disclosure in auditors report relating to registration under section 45-IA of registered under
Reserve Bank of India Act, 1934 section 45-IA of the
Reserve Bank of
India Act, 1934.
Details regarding auditors [Table] ..(1)

Auditors [Axis] 1
01/04/2019
to
31/03/2020
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Ravi Rajan & Co.
Name of audit firm LLP
Name of auditor signing report Deepak Gupta
Firms registration number of audit firm 009073N/N500320
Membership number of auditor 516002
505 , 5 th floor,D4
rectangle -1,district
Address of auditors center,sakat,new
delhi,delhi
Permanent account number of auditor or auditor's firm AABFR3279B
SRN of form ADT-1 H07666324
Date of signing audit report by auditors 27/05/2020
Date of signing of balance sheet by auditors 27/05/2020

01/04/2019
to
31/03/2020
Disclosure in auditor’s report explanatory [TextBlock] [See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
No
contains adverse remarks
Disclosure in auditors report relating to fixed assets

(i) (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets. (b) The
company has a policy to verify its fixed assets once in three years. In our opinion, this periodicity of physical verification is reasonable having
regard to the size of the company and nature of its assets. The physical verification was carried out during the Year 2017-2018. The physical
verification was not due in current financial year. However, as per the information and explanation given to us, no material assets has been
discarded or become obsoletes, and impairment of the assets has been accounted for. (c) According to the information and explanations given to
us and the records examined by us and based on the examination of the registered sale deed/ transfer deed /conveyance deed provided to us, we
report that the title deeds, comprising all the immovable properties of land and building which are freehold, are held in the name of the company
as at the balance sheet date.
Disclosure relating to physical verification and material discrepancies of fixed assets

(b)The company has a policy to verify its fixed assets once in three years. In our opinion, this periodicity of physical verification is reasonable
having regard to the size of the company and nature of its assets. The physical verification was carried out during the Year 2017-2018. The
physical verification was not due in current financial year. However, as per the information and explanation given to us, no material assets has
been discarded or become obsoletes, and impairment of the assets has been accounted for.
44
Disclosure relating to title deeds of immovable properties

(c)According to the information and explanations given to us and the records examined by us and based on the examination of the registered sale
deed/ transfer deed /conveyance deed provided to us, we report that the title deeds, comprising all the immovable properties of land and building
which are freehold, are held in the name of the company as at the balance sheet date.
Disclosure in auditors report relating to inventories

(ii) In respect of Inventory: (a) As explained to us, the inventory (Consumables) has been physically verified by the management but we could not
attend the Physical verification due to COVID -19. However, we have applied adequate alternative audit procedures to obtain reasonable
assurance about the existence and condition of the inventory. In our opinion, the frequency of verification is reasonable. (b) In our opinion and as
per information and explanation provided to us, the procedures of physical verification of inventory followed by the management are reasonable
and adequate in relation to the size of the company and the nature of its business. (c) The company is maintaining proper records of inventory and
no material discrepancies were noticed by the management on physical verification.
Disclosure in auditors report relating to loans

The Company has not granted any loans, secured or unsecured, to companies, firm, LLP, or other parties covered in the register maintained under
Section 189 of the Companies Act, 2013. Accordingly, sub-clauses (a) to (c) of Clause (iii) of the order are not applicable.
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013
(iv) In our opinion and according to the information and explanation given to us, the company has complied with the provision of Section 185 and
186 of the Act, in making investment and providing guarantee to related parties. The company has not granted any loans, or provided securities.
Disclosure in auditors report relating to deposits accepted

As per books of accounts, records and information and explanation given to us, the company has not accepted any deposits within the meaning of
Sections 73 to 76 or any other relevant provisions of the Act and rules framed there under.
Disclosure in auditors report relating to statutory dues [Text Block]

(vii) According to the information and explanations given to us in respect of statutory dues: - (a) As per our examination of the records, the
company is regular in depositing undisputed statutory dues including Provident Fund, Employees’ State Insurance, Income Tax, GST cess, and
other material statutory dues applicable to it with the appropriate authorities. There were no undisputed amounts payable in respect of Provident
Fund, Employees’ State Insurance, Income tax, GST, cess and other material statutory dues as at 31st March 2020 for a period of more than 6
months from the date they become payable. (b) There were no outstanding statutory dues including Income tax, Provident Fund, ESI, GST, Cess
etc as at 31st March, 2020 on account of disputes.
Disclosure in auditors report relating to default in repayment of financial dues

In our opinion, according to information and explanations give to us and based on our examination of the records of the Company, the Company
has not defaulted in repayment of loans or borrowing to a financial institution, bank, Government. In addition, the Company has not issued any
debentures.
45
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
The Company has not raised any money by way of initial public offer or further public offer (including debt instruments) or term loans during the
year. Accordingly, clause (ix) of the CARO, 2016 is not applicable.
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
(x) To the best of our knowledge and according to the information and explanation given to us, no fraud by the Company and no material fraud on
the company by its officers or employees has been noticed or reported during the year.
Disclosure in auditors report relating to managerial remuneration

According to the information and explanations give to us and based on our examination of the records of the Company, the Company has not
paid/provided for managerial remuneration and accordingly reporting under clause (xi) of CARO 2016 is not applicable to the Company.
Disclosure in auditors report relating to transactions with related parties

In our opinion and according to the information and explanations given to us the Company is in compliance with Sections 177 and 188 of the
Companies Act, 2013, where applicable, for all transactions with the related parties and the details of related party transaction have been disclosed
in the Ind AS financial statements as required by the applicable Indian accounting standards.
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
(xiv) During the year, the Company has not made any preferential allotment or private placement of shares or fully or partly convertible
debentures during the year. Hence, clause (xiv) of the CARO 2016 is not applicable to the Company.
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him
(xv) In our opinion and according to the information and explanations given to us, during the year the Company has not entered into non-cash
transactions with directors or directors of its holding, subsidiary or associates company, as applicable or person connected with them and hence
provision of the Section 192 of the Companies Act, 2013 is not applicable.
46
Disclosure in auditor’s report explanatory [Text Block]
Independent Auditor’s Report
To,
The Members of
Antara Purukul Senior Living Limited
Opinion
We have audited the accompanying standalone financial statements of Antara Purukul Senior Living Limited (“the Company”), which comprise
the Balance Sheet as at March 31, 2020, and the Statement of Profit and Loss (including Other Comprehensive Income), the Statement of
Changes in Equity and the Statement of Cash Flows for the year then ended and a summary of the significant accounting policies and other
explanatory information.
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give
the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the state of affairs of the Company as at March 31, 2020, and its Loss, total comprehensive income, the changes in equity
and its cash flows for the year ended on that date.
Basis of Opinion
We conducted our audit of the standalone financial statements in accordance with the Standards on Auditing (“SA”s) specified under Section
143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Financial
Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered
Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the
Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and
the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the
standalone financial statements.
Key Audit Matters:
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the
current period. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion
thereon, and we do not provide a separate opinion on these matters.
Key Audit Matters How our audit addressed the key audit matters
Impairment of property, plant and equipment
We carried out procedures to understand management’s

process for identifying impairment triggers and considered
As at 31st March, 2020 value of property, plant and equipment is Rs. management’s assessment of impairment in the above
3,486.04 Lakh. (net after impairment expenses) mentioned areas.
Management’s assessment of the valuation of property, plant and Our audit procedures included the following:
equipment and usability is significant to our audit because this • Assessing internal controls designed for identification
process is complex and requires significant management judgement. of impairment indicators.
Accordingly, the management identified impairment indications and • Evaluating the appropriateness of the Company’s
management’s assessment results a one-time impairment loss of Rs. judgment regarding identification of assets which may be
5,000 Lakh, which has been charged to the statement of profit and impaired.
loss.(Refer note no 3)
• Considered the completeness and accuracy of the
Accordingly, it has been determined as a key audit matter. disclosures, which are included in notes no.3 of the
standalone financial statements.
Management’s Responsibility for the Standalone Financial Statements

The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (“the Act”) with respect to
the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance including
other comprehensive income, cash flows and changes in equity of the Company in accordance with the accounting principles generally accepted
in India, including the Indian Accounting Standards (Ind AS) specified under Section 133 of the Act.
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the
assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting
47
policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal
financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the
preparation and presentation of the standalone financial statements that give a true and fair view and are free from material misstatement, whether
due to fraud or error.
In preparing the financial statements, management is responsible for assessing the Company’s ability to continue as a going concern, disclosing,
as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the
Company or to cease operations, or has no realistic alternative but to do so.
Board of Directors are also responsible for overseeing the company’s financial reporting process.
Auditor’s Responsibility
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether
due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken on the basis of these financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We
also:
a. Identify and assess the risk of material misstatement of the financial statements, whether due to fraud or error, design and perform
audit procedures responsive to those risk, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk
of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion forgery,
intentional omissions, misrepresentations, or the override of internal control.
b. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the
circumstances. Under Section 143(3)(1) of the Companies Act, 2013, auditor are also responsible for expressing an opinion on whether the
company has adequate internal financial control system in place and the operating effectiveness of such controls.
c. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures
made by management.
d. Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence
obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue
as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related
disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a
going concern.
e. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the
financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant
audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and
to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable,
related safeguards.
From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of
the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law
or regulation on precludes public discloser about the matters or when, in extremely are circumstances, we determine that a matter should not be
communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits
of such communication.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor’s Report) Order, 2016 (“the Order”), issued by the Central Government of India in terms of
sub-section (11) of Section 143 of the Companies Act, 2013, we give in the Annexure A, a statement on the matters specified in paragraphs 3 and
4 of the Order, to the extent applicable.
2. As required by Section 143(3) of the Act, based on our audit we report that:
a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those
books.
c) The Balance Sheet, the Statement of Profit and Loss including Other Comprehensive Income, Statement of Changes in Equity and the
Statement of Cash Flow dealt with by this Report are in agreement with the books of account.
d) In our opinion, the aforesaid standalone financial statements comply with the Indian Accounting Standards prescribed under Section 133 of
the Act.
e) On the basis of the written representations received from the directors of the Company as on March 31, 2020 taken on record by the Board of
Directors, none of the directors is disqualified as on March 31, 2020 from being appointed as a director in terms of Section 164(2) of the Act.
f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such
controls, refer to our separate Report in “Annexure B”. Our report expresses an unmodified opinion on the adequacy and operating effectiveness
of the Company’s internal financial controls over financial reporting.
g) With respect to the other matters to be included in the Auditor’s report in accordance with the requirement of section 197(16) of the Act, as
amended:
In our opinion and to the best of our information and according to the explanations given to us, no remuneration was paid by the Company to its
directors during the year.
h) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, as amended, in our opinion and to the best of our information and according to the explanations given to us:
i. The Company has disclosed the impact of pending litigations, if any, on its financial position in its standalone financial statements.
48
ii. The Company is not required to make any provision, as required under the applicable law or accounting standards, for material foreseeable
losses, if any, on long-term contracts including derivative contracts.
iii. The Company is not required to transfer any amount to the Investor Education and Protection Fund.
For,
Ravi Rajan & Co. LLP,
(Chartered Accountants)
Firm’s Registration No.: 009073N/N500320
Deepak Gupta
Partner
Membership number: 516002
UDIN: 20516002AAAABG2477
Place: New Delhi

Date: May 27, 2020
Annexure - A to the Auditors’ Report
Annexure A referred to in paragraph 1 under ‘Report on Other Legal and Regulatory Requirements of our report to the members of the Company
on the Ind AS financial statements for the year ended 31st March, 2020, we report that:
(i) (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.
(b) The company has a policy to verify its fixed assets once in three years. In our opinion, this periodicity of physical verification is reasonable
having regard to the size of the company and nature of its assets. The physical verification was carried out during the Year 2017-2018. The
physical verification was not due in current financial year. However, as per the information and explanation given to us, no material assets has
been discarded or become obsoletes, and impairment of the assets has been accounted for.
(c) According to the information and explanations given to us and the records examined by us and based on the examination of the registered
sale deed/ transfer deed /conveyance deed provided to us, we report that the title deeds, comprising all the immovable properties of land and
building which are freehold, are held in the name of the company as at the balance sheet date.
(ii) In respect of Inventory:

(a) As explained to us, the inventory (Consumables) has been physically verified by the management but we could not attend the Physical
verification due to COVID -19. However, we have applied adequate alternative audit procedures to obtain reasonable assurance about the
existence and condition of the inventory. In our opinion, the frequency of verification is reasonable.
(b) In our opinion and as per information and explanation provided to us, the procedures of physical verification of inventory followed by the
management are reasonable and adequate in relation to the size of the company and the nature of its business.
(c) The company is maintaining proper records of inventory and no material discrepancies were noticed by the management on physical
verification.
(iii) The Company has not granted any loans, secured or unsecured, to companies, firm, LLP, or other parties covered in the register
maintained under Section 189 of the Companies Act, 2013. Accordingly, sub-clauses (a) to (c) of Clause (iii) of the order are not applicable.
(iv) In our opinion and according to the information and explanation given to us, the company has complied with the provision of
Section 185 and 186 of the Act, in making investment and providing guarantee to related parties. The company has not granted any loans, or
provided securities.
(v) As per books of accounts, records and information and explanation given to us, the company has not accepted any deposits
within the meaning of Sections 73 to 76 or any other relevant provisions of the Act and rules framed there under.
(vi) Having regard to the nature of the Company’s business/ activities, reporting under clause (VI) of the CARO, 2016 is not
applicable.
(vii) According to the information and explanations given to us in respect of statutory dues: -
(a) As per our examination of the records, the company is regular in depositing undisputed statutory dues including Provident Fund,
Employees’ State Insurance, Income Tax, GST cess, and other material statutory dues applicable to it with the appropriate authorities. There were
no undisputed amounts payable in respect of Provident Fund, Employees’ State Insurance, Income tax, GST, cess and other material statutory
dues as at 31st March 2020 for a period of more than 6 months from the date they become payable.
(b) There were no outstanding statutory dues including Income tax, Provident Fund, ESI, GST, Cess etc as at 31st March, 2020 on account of
disputes.
(viii) In our opinion, according to information and explanations give to us and based on our examination of the records of the
Company, the Company has not defaulted in repayment of loans or borrowing to a financial institution, bank, Government. In addition, the
Company has not issued any debentures.
(ix) The Company has not raised any money by way of initial public offer or further public offer (including debt instruments) or
term loans during the year. Accordingly, clause (ix) of the CARO, 2016 is not applicable.
(x) To the best of our knowledge and according to the information and explanation given to us, no fraud by the Company and no
material fraud on the company by its officers or employees has been noticed or reported during the year.
(xi) According to the information and explanations give to us and based on our examination of the records of the Company, the
49
Company has not paid/provided for managerial remuneration and accordingly reporting under clause (xi) of CARO 2016 is not applicable to the
Company.
(xii) The Company is not a Nidhi company and hence reporting under Clause (xii) of the Order is not applicable.
(xiii) In our opinion and according to the information and explanations given to us the Company is in compliance with Sections 177
and 188 of the Companies Act, 2013, where applicable, for all transactions with the related parties and the details of related party transaction have
been disclosed in the Ind AS financial statements as required by the applicable Indian accounting standards.
(xiv) During the year, the Company has not made any preferential allotment or private placement of shares or fully or partly convertible
debentures during the year. Hence, clause (xiv) of the CARO 2016 is not applicable to the Company.
(xv) In our opinion and according to the information and explanations given to us, during the year the Company has not entered into
non-cash transactions with directors or directors of its holding, subsidiary or associates company, as applicable or person connected with them
and hence provision of the Section 192 of the Companies Act, 2013 is not applicable.
(xvi) The company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934.
For,
Deepak Gupta
Partner
Place: New Delhi

Date: May 27, 2020
Annexure - B to the Auditors’ Report
(Referred to in paragraph 1 (f) under ‘Report on Other Legal and Regulatory Requirements’ section of our report to the Members of Antara
Purukul Senior Living Limited of even date)
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (“the Act”)
We have audited the internal financial controls over financial reporting of Antara Purukul Senior Living Limited (“the Company”) as of 31st
March 2020 in conjunction with our audit of the Ind AS financial statements of the Company for the year ended on that date.
Management’s Responsibility for Internal Financial Controls
The Company’s management is responsible for establishing and maintaining internal financial controls based on the internal control over financial
reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of
Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India (‘ICAI’). These responsibilities
include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the
orderly and efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the prevention and
detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial
information, as required under the Companies Act, 2013.
Auditors’ Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We conducted
our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (the “Guidance Note”) and the
Standards on Auditing, issued by ICAI and deemed to be prescribed under Section 143(10) of the Companies Act, 2013, to the extent applicable
to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered
Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to
obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if
such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s
internal financial controls system over financial reporting.
Meaning of Internal Financial Controls over Financial Reporting

A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of
management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized
acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.
50
Inherent Limitations of Internal Financial Controls over Financial Reporting

Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation
of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial
reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may
deteriorate.
Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal
financial controls over financial reporting were operating effectively as at 31st March 2020, based on the internal control over financial reporting
criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal
Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.
For,
Deepak Gupta
Partner
Place: New Delhi

Date: May 27, 2020
[700700] Disclosures - Secretarial audit report
Details of signatories of secretarial audit report [Table] ..(1)

Signatories of secretarial audit report [Axis] 1
01/04/2019
to
31/03/2020
Details of signatories of secretarial audit report [Abstract]
Details of signatories of secretarial audit report [LineItems]
Secretarial auditors
Category of secretarial auditor firm
Name of secretarial audit firm SBA & Associates
Name of secretarial auditor signing report Sonia Bansal Arora
Firms registration number of secretarial audit firm S2019DE707500
Membership number of secretarial auditor 10279
Certificate of practice number of secretarial auditor 22524
1/9826, STREET
NO.2 WEST
Address of secretarial auditors GORAKH PARK
SHAHDARA,
DELHI
Date of signing secretarial audit report 14/05/2020

01/04/2019
to
31/03/2020
Disclosure in secretarial audit report explanatory [TextBlock] [See below]
Whether secretarial audit report is applicable on company Yes
Whether secretarial audit report has been qualified or has any
No
observation or other remarks
Secretarial qualifications or observations or other remarks in
NA
secretarial audit report
51
Disclosure in secretarial audit report explanatory [Text Block]

Form No. MR-3
SECRETARIAL AUDIT REPORT
(For the Financial Year ended 31stMarch, 2020)
[Pursuant to Section 204(1) of the Companies Act, 2013 and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014]
To,
The Members
Uttrakhand 248003
We have conducted the secretarial audit of the compliance of applicable statutory provisions and the adherence to good corporate practices by
Antara Purukul Senior Living Limited (hereinafter called “the Company” or “APSLL”). Secretarial Audit was conducted in a manner that
provided us a reasonable basis for evaluating the corporate conducts/statutory compliances and expressing our opinion thereon.
Based on our verification of books, papers, minute books, forms and returns filed and other records maintained by the Company and also the
information provided by the Company, its officers, agents and authorized representatives during the conduct of Secretarial Audit, We hereby
report that in our opinion, the Company has, during the audit period covering the Financial Year ended on 31st March, 2020, complied with the
statutory provisions listed hereunder and also that the Company has proper Board-processes and compliance-mechanism in place to the extent, in
the manner and subject to the reporting made hereinafter:
1. We have examined the books, papers, minute books, forms and returns filed and other records maintained by Company for the financial year
ended on 31st March, 2020 according to the provisions of:
I. The Companies Act, 2013 (the Act) and the Rules made thereunder;
II. The Securities Contracts (Regulation) Act, 1956 (‘SCRA’) and the rules made thereunder (Not Applicable to the Company as the equity
shares of the Company are not listed on any stock exchange);
III. The Depositories Act, 1996 and the Regulations and Bye-laws framed thereunder (Not Applicable to the Company during the Audit
period);
IV. Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of Foreign Direct Investment,
Overseas Direct Investment and External Commercial Borrowings (Not Applicable to the Company during the Audit period);
V. The following Regulations and Guidelines prescribed under the Securities and Exchange Board of India Act, 1992 (‘SEBI Act’) (Not
Applicable to the Company as the shares of the Company are not listed on any stock exchange).
(a) The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
(b) The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
(c) The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;
(d) The Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014;
(e) The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations,2008;
(f) The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Act and
dealing with client to the extent applicable;
(g) The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009;
(h) The Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998;
(i) The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
VI. We, based upon the Management Representation, further report that there are adequate systems and processes in the Company
commensurate with the size and operations of the Company to monitor and ensure compliance with all the laws, rules, regulations and guidelines
as specifically applicable to the Company on the basis of information received from the management including but not limited to:
a) The Real Estate (Regulation and Development) Act, 2016 and rules of the state(s) where project was being undertaken;
b) Transfer of Property Act, 1882;
c) Stamp Duty Act, 1899;
d) The Building and Other Construction Workers (Regulation of Employment & Conditions of Service) Act, 1996.
e) Labour laws such as Provident Fund, ESI, Minimum Wages, Payment of Gratuity Act.
We have also examined compliance with the applicable clauses of Secretarial Standards issued by The Institute of Company Secretaries of India
(ICSI) with regard to Board Meeting and General Meeting.
During the period under review the Company has generally complied with the provisions of the Act, Rules, Regulations, Guidelines, Standards, to
the extent applicable to the Company.
2. We further report that:
a. The Board of Directors of the Company is duly constituted with proper balance of Executive and Non-Executive Directors.
Following changes in the composition of the Board of Directors which took place during the period under review, were carried out in compliance
with the provisions of the Act.
§ Mr. Rajit Mehta was appointed as an Additional Director of the Company w.e.f. August 07, 2019.
§ Mrs. Sharmila Tagore was appointed as an Independent Director of the Company for a period of five years from December 31, 2019 upto
December 30, 2024.
b. Adequate notice was given to all directors to schedule the Board Meetings, agenda and detailed notes on agenda were sent at least
seven days in advance (including shorter notices duly approved by majority of Directors), and a system exists for seeking and obtaining further
information and clarifications on the agenda items before the meeting and for meaningful participation at the meeting.
c. Board decisions are carried out with unanimous consent and therefore, no dissenting views were required to be captured and
52
recorded as part of the minutes.

We further report that there are adequate systems and processes in the Company commensurate with the size and operations of the Company to
monitor and ensure compliance with applicable laws, rules, regulations and guidelines.
We further report that during the Audit period, the Company has:
1. Altered the Memorandum of Association of the Company to increase its authorised share capital from Rs. 275,00,00,000 (Rupees Two
Hundred and Seventy-Five Crores) to Rs. 311,00,00,000 (Rupees Three Hundred and Eleven Crores) on March 20, 2020.
2. Issued and allotted 3,96,70,000 (Three Crores Ninety Six Lakhs Seventy Thousand) Equity Shares of Rs. 10/- (Rupees Ten Only) each
aggregating to Rs. 39,67,00,000 (Thirty-Nine Crores Sixty Seven Lakhs only) on Rights Issue basis to Antara Senior Living Limited, its holding
company, from time to time pursuant to section 62 and other applicable provisions of the Act. The details of allotments during the period under
review is as under –
§ 11,70,000 Equity Shares of Rs. 10 each allotted on May 16, 2019.
§ 25,00,000 Equity Shares of Rs. 10 each allotted on July 22, 2019.
§ 5,00,000 Equity Shares of Rs. 10 each allotted on November 07, 2019.
§ 15,00,000 Equity Shares of Rs. 10 each allotted on December 26, 2019.
§ 8,00,000 Equity Shares of Rs. 10 each allotted on February 03, 2020.
§ 3,32,00,000 Equity Shares of Rs. 10 each allotted on March 31, 2020.
This report is to be read with our letter of even date which is annexed as Annexure and forms integral part of this report.
Sonia Bansal Arora

FCS No. : 10279
CP No. : 22524
UDIN : F010279B000238848
Place: New Delhi
Date: May 14, 2020
Annexure to Secretarial Audit Report of Antara Purukul Senior Living Limited for financial year ended 31stMarch, 2020
To,
The Members
Uttrakhand 248003
Management Responsibility for Compliances
1. The maintenance and compliance of the provisions of Corporate and other applicable laws, rules, regulations, secretarial standards are the
responsibility of the management of the Company. Our responsibility is to express an opinion on these secretarial records based on our audit.
2. We have followed the audit practices and process as were appropriate to obtain reasonable assurance about the correctness of the contents
of the secretarial records. The verification was done on test basis to ensure that correct facts are reflected in secretarial records. We believe that
the process and practices we followed provide a reasonable basis for our opinion.
3. We have not verified the correctness and appropriateness of financial records and Books of Accounts of the Company.
4. Due to COVID 19 pandemic, relevant documents were reviewed digitally and no physical document was reviewed or verified.
5. Wherever required, we have obtained the Management representation about the compliance of laws, rules and regulations and happening of
events etc.
6. The compliance of the provisions of corporate and other applicable laws, rules, regulations, standards is the responsibility of the
management. Our examination was limited to the verification of procedures on test basis.
7. The Secretarial Audit report is neither an assurance as to the future viability of the Company nor of the efficacy or effectiveness with which
the management has conducted the affairs of the Company.
Sonia Bansal Arora

FCS No. : 10279
CP No. : 22524
UDIN : F010279B000238848
Place: New Delhi
Date: May 14, 2020
53
[110000] Balance sheet

31/03/2020 31/03/2019 31/03/2018
Balance sheet [Abstract]
Assets [Abstract]
Non-current assets [Abstract]
Property, plant and equipment 3,486.04 8,754.83
Other intangible assets 8.43 14.42
Non-current financial assets [Abstract]
Non-current investments 0 0
Loans, non-current 0 0
Total non-current financial assets 0 0
Other non-current assets 47.44 49.84
Total non-current assets 3,541.91 8,819.09
Current assets [Abstract]
Inventories 24,003.22 27,964.19
Current financial assets [Abstract]
Current investments 0 143.09
Trade receivables, current 127.58 69.5
Cash and cash equivalents 323.32 99.42
Loans, current 0.12 0.51
Other current financial assets 0.32 0.62
Total current financial assets 451.34 313.14
Current tax assets 207.26 179.57
Other current assets 3,355.55 189.33
Total current assets 28,017.37 28,646.23
Total assets 31,559.28 37,465.32
Equity and liabilities [Abstract]
Equity [Abstract]
Equity attributable to owners of parent [Abstract]
Equity share capital 29,849.71 25,882.71 24,142.71
Other equity -27,391.89 -19,575.25
Total equity attributable to owners of parent 2,457.82 6,307.46
Non controlling interest 0 0
Total equity 2,457.82 6,307.46
Liabilities [Abstract]
Non-current liabilities [Abstract]
Non-current financial liabilities [Abstract]
Borrowings, non-current 15,531.17 20,496.04
Other non-current financial liabilities 375.25 168.38
Total non-current financial liabilities 15,906.42 20,664.42
Provisions, non-current 70.1 34.07
Total non-current liabilities 15,976.52 20,698.49
Current liabilities [Abstract]
Current financial liabilities [Abstract]
Borrowings, current 225 238.56
Trade payables, current (A) 233.86 (B) 193.83

Other current financial liabilities 7,948.56 3,459.35
Total current financial liabilities 8,407.42 3,891.74
Other current liabilities 4,716.64 6,567.4
Provisions, current 0.88 0.23
Total current liabilities 13,124.94 10,459.37
Total liabilities 29,101.46 31,157.86
Total equity and liabilities 31,559.28 37,465.32
54
Footnotes
(A) Total outsanding dues of Micro Enterprises and Small Enterprises : 41.5 Total outsanding dues of Creditors other than Micro
Enterprises and Small Enterprises : 192.36
(B) Total outsanding dues of Micro Enterprises and Small Enterprises : 10.38 Total outsanding dues of Creditors other than Micro
Enterprises and Small Enterprises : 183.45
[210000] Statement of profit and loss
Earnings per share [Table] ..(1)

Classes of equity share capital [Axis] Equity shares 1 [Member]
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Statement of profit and loss [Abstract]
Earnings per share [Abstract]
Earnings per share [Line items]
Basic earnings per share [Abstract]
Basic earnings (loss) per share from continuing operations [INR/shares] -2.93 [INR/shares] -1.15
Total basic earnings (loss) per share [INR/shares] -2.93 [INR/shares] -1.15
Diluted earnings per share [Abstract]
Diluted earnings (loss) per share from continuing operations [INR/shares] -2.93 [INR/shares] -1.15
Total diluted earnings (loss) per share [INR/shares] -2.93 [INR/shares] -1.15
55

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Statement of profit and loss [Abstract]
Income [Abstract]
Revenue from operations 6,032.44 6,388.49
Other income 30.3 33.49
Total income 6,062.74 6,421.98
Expenses [Abstract]
Cost of materials consumed 90.05 87.41
Changes in inventories of finished goods, work-in-progress and
3,977.89 4,596.49
stock-in-trade
Employee benefit expense 716.5 650.46
Finance costs 2,490.37 2,580.68
Depreciation, depletion and amortisation expense 285.46 291.46
Other expenses (A) 6,236.18 (B) 1,109.92

Total expenses 13,796.45 9,316.42
Profit before exceptional items and tax -7,733.71 -2,894.44
Total profit before tax -7,733.71 -2,894.44
Tax expense [Abstract]
Current tax 0 0
Deferred tax 0 0
Total tax expense 0 0
Net movement in regulatory deferral account balances related to
40.55 0
profit or loss and the related deferred tax movement
Total profit (loss) for period from continuing operations -7,693.16 -2,894.44
Total profit (loss) for period -7,693.16 -2,894.44
Comprehensive income OCI components presented net of tax [Abstract]
Whether company has other comprehensive income OCI components
No No
presented net of tax
Other comprehensive income net of tax [Abstract]
Other comprehensive income that will not be reclassified to
-6.48 7.99
profit or loss, net of tax, others
Total other comprehensive income that will not be reclassified
-6.48 7.99
to profit or loss, net of tax
Total other comprehensive income -6.48 7.99
Total comprehensive income -7,699.64 -2,886.45
Comprehensive income OCI components presented before tax [Abstract]
Whether company has comprehensive income OCI components presented
No No
before tax
Other comprehensive income before tax [Abstract]
-6.48 7.99
profit or loss, before tax, others
-6.48 7.99
profit or loss, before tax
Total other comprehensive income, before tax -6.48 7.99
Total other comprehensive income -6.48 7.99
Earnings per share explanatory [TextBlock]
Earnings per share [Abstract]
Footnotes
(A) Impairment of Property, plant and equipment : 5000 Other expenses : 1236.18
(B) Impairment of Property, plant and equipment : 0 Other expenses : 1109.92
56
[210000a] Statement of profit and loss
Other comprehensive income that will not be reclassified to profit or loss, net of tax, others [Table] ..(1)
Other comprehensive income that will not be reclassified to profit or loss, net of tax, others [Axis] 1
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Other comprehensive income that will not be reclassified to profit or loss, net of tax,
others [Abstract]
others [Line items]
Re-measurement Re-measurement
Description of other comprehensive income that will not be reclassified to profit gains/ (losses) on gains/ (losses) on
or loss, net of tax, others defined benefit plans defined benefit plans
(net) (net)
-6.48 7.99
others
Other comprehensive income that will not be reclassified to profit or loss, before tax, others [Table] ..(1)
Other comprehensive income that will not be reclassified to profit or loss, before tax, others [Axis] 1
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Other comprehensive income that will not be reclassified to profit or loss, before tax,
others [Abstract]
others [Line items]
Description of other comprehensive income that will not be reclassified to profit gains/ (losses) on gains/ (losses) on
or loss, before tax, others defined benefit plans defined benefit plans
(net) (net)
-6.48 7.99
others
Other comprehensive income that will be reclassified to profit or loss, before tax, others [Table] ..(1)
Other comprehensive income that will be reclassified to profit or loss, before tax, others [Axis] 1
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Other comprehensive income that will be reclassified to profit or loss, before tax, others
[Abstract]
Other comprehensive income that will be reclassified to profit or loss, before tax,
others [Line items]
Description of other comprehensive income that will be reclassified to profit or gains/ (losses) on gains/ (losses) on
loss, before tax, others defined benefit plans defined benefit plans
(net) (net)
Other comprehensive income that will be reclassified to profit or loss, before tax,
-6.48 7.99
others
57
[400200] Statement of changes in equity
Statement of changes in equity [Table] ..(1)

Equity attributable
to the equity
Components of equity [Axis] Equity [Member]
holders of the
parent [Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period -7,693.16 -2,894.44 -7,693.16
Changes in comprehensive income components -6.48 7.99 -6.48
Total comprehensive income -7,699.64 -2,886.45 -7,699.64
Other changes in equity [Abstract]
Increase (decrease) through other changes,
-117 117 -117
equity
Total other changes in equity -117 117 -117
Total increase (decrease) in equity -7,816.64 -2,769.45 -7,816.64
Other equity at end of period -27,391.89 -19,575.25 -16,805.8 -27,391.89

Equity attributable to the equity holders Share application money pending
Components of equity [Axis]
of the parent [Member] allotment [Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
Equity [Abstract]
Profit (loss) for period -2,894.44 0 0
Changes in comprehensive income components 7.99 0 0
Total comprehensive income -2,886.45 0 0
117 -117 117
equity
Total other changes in equity 117 -117 117
Total increase (decrease) in equity -2,769.45 -117 117
Other equity at end of period -19,575.25 -16,805.8 0 117
58

Share application
money pending
Components of equity [Axis] Reserves [Member]
allotment
[Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
Equity [Abstract]
Profit (loss) for period -7,693.16 -2,894.44
Changes in comprehensive income components -6.48 7.99
0 0
equity
Total other changes in equity 0 0
Total increase (decrease) in equity -7,699.64 -2,886.45
Other equity at end of period 0 -27,391.89 -19,692.25 -16,805.8

Remeasurements of
Components of equity [Axis] Retained earnings [Member] defined benefit
plans [Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
Equity [Abstract]
Profit (loss) for period -7,693.16 -2,894.44 0
Changes in comprehensive income components -6.48 7.99 -6.48
Total comprehensive income -7,699.64 -2,886.45 -6.48
0 0 0
equity
Total other changes in equity 0 0 0
Total increase (decrease) in equity -7,699.64 -2,886.45 -6.48
Other equity at end of period -27,391.89 -19,692.25 -16,805.8 43.22
59

Remeasurements of defined benefit plans
Components of equity [Axis] Other retained earning [Member]
[Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
Equity [Abstract]
Profit (loss) for period 0 -7,693.16 -2,894.44
Changes in comprehensive income components 7.99 0 0
Total comprehensive income 7.99 -7,693.16 -2,894.44
0 0 0
equity
Total other changes in equity 0 0 0
Total increase (decrease) in equity 7.99 -7,693.16 -2,894.44
Other equity at end of period 49.7 41.71 -27,435.11 -19,741.95

Other retained
Components of equity [Axis]
earning [Member]
31/03/2018
Equity [Abstract]
Other equity at end of period -16,847.51

01/04/2019
to
31/03/2020
Disclosure of notes on changes in equity [TextBlock] [See below]
60
Disclosure of notes on changes in equity [Text Block]
A. Equity share capital :
Equity shares of INR 10/- each

Number of shares Amount
issued, subscribed and fully paid
At March 31, 2018 24,14,27,089 24,142.71
Issue of share capital 1,74,00,000 1,740.00
At March 31, 2019 25,88,27,089 25,882.71
Issue of share capital 3,96,70,000 3,967.00
At March 31, 2020 29,84,97,089 29,849.71
B. Other equity
Other Comprehensive income -

Retained Share Application Money
Particluars Re-measurement gains (losses) on defined Total
earnings Pending for Allotment
benefit plans
At March 31, 2018 41.71

(16,847.51) - (16,805.80)
Profit for the Year

(2,894.44) (2,894.44)
Other
Comprehensive 7.99
7.99
Income
Changes during the

year -
Addition/
(adjustment) during
117.00 117.00
the year
At March 31, 2019 49.70

(19,741.95) 117.00 (19,575.25)
Profit for the Year

(7,693.16) (7,693.16)
Other
Comprehensive (6.48)
(6.48)
Income
Changes during the

year -
61
Addition/
(adjustment) during
the year (117.00) (117.00)
At March 31, 2020 43.22

(27,435.11) - (27,391.89)
As per our report of

even date attached
62
[320000] Cash flow statement, indirect

01/04/2019 01/04/2018
to to 31/03/2018
31/03/2020 31/03/2019
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before tax -7,733.71 -2,894.44
Adjustments for reconcile profit (loss) [Abstract]
Adjustments for finance costs 2,490.37 2,580.68
Adjustments for decrease (increase) in other current assets 737.06 3,903.04
Adjustments for other financial assets, current 0.3 2.79
Adjustments for increase (decrease) in trade payables, current 40.04 -8.15
Adjustments for increase (decrease) in other current liabilities -1,850.76 -2,557.4
Adjustments for increase (decrease) in other non-current liabilities 0 -43.59
Adjustments for depreciation and amortisation expense 285.46 291.46
Adjustments for impairment loss reversal of impairment loss
5,000 0
recognised in profit or loss
Adjustments for provisions, current 0.65 -0.15
Adjustments for provisions, non-current 36.03 -2.54
Adjustments for other financial liabilities, current 1,881.54 751.34
Adjustments for interest income (A) 13.01 (B) 12.88

Adjustments for fair value losses (gains) (C) 0
(D) 4.23
Other adjustments to reconcile profit (loss) (E) -8.16 (F) -8.1
Other adjustments for non-cash items (G) -6.48 (H) 0.38
Total adjustments for reconcile profit (loss) 8,593.04 4,901.11
Net cash flows from (used in) operations 859.33 2,006.67
Income taxes paid (refund) -12.86 -12.48
Net cash flows from (used in) operating activities 872.19 2,019.15
Cash flows from used in investing activities [Abstract]
Other cash receipts from sales of equity or debt instruments of other
1,448.07 984.41
entities
Other cash payments to acquire equity or debt instruments of other
1,296.82 1,118.34
entities
Proceeds from sales of property, plant and equipment 0 0.47
Purchase of property, plant and equipment 13.38 923.76
Interest received (I) 13.01 (J) 12.88

Other inflows (outflows) of cash (K) 0
(L) 7.61
Net cash flows from (used in) investing activities 150.88 -1,036.73
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 3,850 1,857
Proceeds from borrowings -2,365.67 -797.69
Interest paid (M) 2,283.5 (N) 2,421.75

Other inflows (outflows) of cash 0 -0.01
Net cash flows from (used in) financing activities -799.17 -1,362.45
Net increase (decrease) in cash and cash equivalents before effect of
223.9 -380.03
exchange rate changes
Net increase (decrease) in cash and cash equivalents 223.9 -380.03
Cash and cash equivalents cash flow statement at end of period 323.32 99.42 479.45
63
Footnotes
(A) Interest income from others : 0 Interest on income tax refund : -13.01
(B) Interest income from others : -7.26 Interest on income tax refund : -5.62
(C) Loss on sale of fixed assets : 0 Profit on sale of assets : 0
(D) Loss on sale of fixed assets : 4.4 Profit on sale of assets : -0.17
(E) Net gain on sale of current investments in mutual funds : -8.16
(F) Net gain on sale of current investments in mutual funds : -8.1
(G) Liability written back : 0 Actuarial Gain/Loss : -6.48
(H) Liability written back : -7.61 Actuarial Gain/Loss : 7.99
(I) Interest income from others : 0 Interest on income tax refund : 13.01
(J) Interest income from others : 7.26 Interest on income tax refund : 5.62
(K) Liability written back : 0
(L) Liability written back : 7.61
(M) Finance costs : 2283.5
(N) Finance costs : 2421.75
[610100] Notes - List of accounting policies

01/04/2019
to
31/03/2020
Disclosure of significant accounting policies [TextBlock] [See below]
Description of accounting policy for borrowing costs [TextBlock] [See below]
Description of accounting policy for deferred income tax [TextBlock] [See below]
Description of accounting policy for depreciation expense [TextBlock] [See below]
Description of accounting policy for determining components of cash and Textual information (43)
cash equivalents [TextBlock] [See below]
Description of accounting policy for earnings per share [TextBlock] [See below]
Description of accounting policy for employee benefits [TextBlock] [See below]
Description of accounting policy for fair value measurement [TextBlock] [See below]
Description of accounting policy for impairment of financial assets Textual information (47)
Description of accounting policy for investment in associates [TextBlock] [See below]
Description of accounting policy for leases [TextBlock] [See below]
Description of accounting policy for measuring inventories [TextBlock] [See below]
Description of accounting policy for property, plant and equipment Textual information (51)
Description of accounting policy for provisions [TextBlock] [See below]
Description of accounting policy for recognition of revenue [TextBlock] [See below]
Description of other accounting policies relevant to understanding of Textual information (54)
financial statements [TextBlock] [See below]
64
Disclosure of significant accounting policies [Text Block]

2 a) Basis of preparation
The financial statements have been prepared in accordance with Indian Accounting Standard (Ind AS). The Company has prepared these financial
statements to comply in all material respects with the Indian accounting standards notified under the Companies (Indian Accounting Standards)
Rules, 2015, (as amended) and the Company has complied in all material respects with the Indian Accounting Standards notified under the
Companies Act, 1956/the Companies Act, 2013 as amended time to time.
The financial statements have been prepared on an accrual basis. The company has adopted historical cost basis for assets and liabilities except for
certain items which have been measured on a different basis and such basis is disclosed in the relevant accounting policy.
The financial statements are presented in Indian Rupees (‘INR’) except when otherwise indicated.
b) Use of estimates
The preparation of financial statements in conformity with Indian Accounting Standard requires the management to make judgments, estimates
and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the disclosure of contingent liabilities, at the end
of the reporting period. Although these estimates are based on the management’s best knowledge of current events and actions, uncertainty about
these assumptions and estimates could result in the outcomes requiring a material adjustment to the carrying amounts of assets or liabilities in
future periods.
c) Current versus non-current classification
The Company presents assets and liabilities in the Balance Sheet based on current/ non-current classification. An asset is treated as current when
it is:
i). Expected to be realised or intended to be sold or consumed in normal operating cycle
ii). Held primarily for the purpose of trading
iii). Expected to be realised within twelve months after the reporting period, or
iv). Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period
All other assets are classified as non-current.

A liability is current when it is:
i). Expected to be settled in normal operating cycle
iii). It is due to be settled within twelve months after the reporting period, or
iv) .There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period
All other liabilities as non-current.
The operating cycle is the time between the acquisition of assets for processing and their realisation in cash and cash equivalents. The Company
has identified twelve months as its operating cycle.
d) Property, plant and equipment
Property, Plant & Equipments are stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. The cost comprises
purchase price and directly attributable cost of bringing the asset to its working condition for the intended use, including borrowing cost. Any
trade discounts and rebates are deducted in arriving at the purchase price.
Property, plant and equipment under construction and not ready for its intended use are disclosed as capital work in progress.
Stores and Spare which meet the definition of property, plant and equipment (whether as component or otherwise) and satisfy the recognition
criteria, are capitalized as PPE in the underlying assets.
Expense on existing PP&E viz., major inspection/overhaul/repair is recognized in the carrying amount of respective assets as replacement if the
recognition criteria are satisfied. All day-to-day servicing of the item related to PP&E are charged to the statement of profit and loss for the period
during which such expenses are incurred.
An item of property, plant and equipment and any significant part initially recognised is derecognised upon disposal or when no future economic
benefits are expected from its use or disposal. Any gain or loss arising on de-recognition of the asset (calculated as the difference between the net
disposal proceeds and the carrying amount of the asset) is included in the statement of profit and loss when the asset is derecognised.
The residual values, useful lives and methods of depreciation of property, plant and equipment are reviewed at each financial year end and
adjusted prospectively, if appropriate.
Intangible assets acquired separately are measured on initial recognition at cost. Following initial recognition, intangible assets are carried at cost
less any accumulated amortisation and accumulated impairment loss.
e) Depreciation on Property, Plant and Equipment
Cost of Tangible Assets, less its residual value as per Companies Act, is depreciated on pro-rata basis on Straight Line Method over the useful life
of the assets estimated by the management. Pursuant to this policy, assets are depreciated over the following term-
Furniture and Fixtures : 10 years
Building : 60 years
Office Equipment:5 years
IT Equipment (End user devices):3 years
65
IT Equipment (Servers and network) :6 years
Vehicles :8 years
Useful lives are based on the management's estimate of the useful life of tangible assets and which can be lower than the lives arrived at on the
basis of Schedule II of Companies Act, 2013.
Assets of the value INR 5,000/- and below are directly charged to profit and loss account.
Cost of Intangible Assets is depreciated on pro-rata basis on Straight Line Method over the useful life of the assets estimated by the management.
Pursuant to this policy, assets are depreciated over the following term-
Asset Type
Intangible assets (Software costs) : 5 years
f) Leases
Company as a lessor:
Leases in which the Company transfers substantially all the risks and benefits of ownership of the asset are classified as finance leases. The
Company is receiving full lease consideration in advance before possession/registration of lease deed. In such case the entire lease consideration
towards the apartment to the extent it is related to lease rentals, is recognized as revenue in the Statement of Profit & Loss and the costs of the
leased unit is transferred from inventory to Statement of Profit & Loss.
Leases in which the Company does not transfer substantially all the risks and benefits of ownership of the asset are classified as operating leases.
Assets subject to operating leases are included in PPE. Lease income on an operating lease is recognized in the statement of profit and loss on a
straight-line basis over the lease term. Costs, including depreciation, are recognized as an expense in the statement of profit and loss. Initial direct
costs such as legal costs, brokerage costs, etc. are recognized immediately in the statement of profit and loss.
Company as a lessee:
The Company assesses whether a contract contains a lease, at inception of a contract. A contract is, or contains, a lease if the contract conveys the
right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to
control the use of an identified asset, the Company assesses whether: (i) the contract involves the use of an identified asset (ii) the Company has
substantially all of the economic benefits from use of the asset through the period of the lease and (iii) the Company has the right to direct the use
of the asset.
At the commencement of the lease, the Company recognizes a right-of-use asset (“ROU”) and a corresponding lease liability for all lease
arrangements in which it is a lessee, except for leases with a term of twelve months or less (short-term leases) and low value leases. For these
short-term and low value leases, the Company recognizes the lease payments as an operating expense on a straight-line basis over the term of the
lease.
The right-of-use assets are initially recognized at cost, which comprises the initial amount of the lease liability adjusted for any lease payments
made at or prior to the commencement date of the lease plus any initial direct costs less any lease incentives. They are subsequently measured at
cost less accumulated depreciation and impairment losses
Right-of-use assets are depreciated from the commencement date on a straight-line basis over the shorter of the lease term and useful life of the
underlying asset. Right of use assets are evaluated for recoverability whenever events or changes in circumstances indicate that their carrying
amounts may not be recoverable.
The lease liability is initially measured at amortized cost at the present value of the future lease payments. The lease payments are discounted
using the interest rate implicit in the lease.
Lease liability and ROU asset are separately presented in the Balance Sheet and lease payments are classified as financing cash flows.
Transition
Effective April 1, 2019, the Company adopted Ind AS 116 “Leases”. However there were no lease contracts existing on April 1, 2019 and hence
there is no impact on the company's retained earnings.
g) Impairment of Non - Financial Assets
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or
cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognized immediately in statement of profit and loss, unless
the relevant asset is carried at a revalue amount, in which case the impairment loss is treated as a revaluation decrease.
Recoverable amount is the higher of fair value less costs of disposal or value in use. In assessing value in use, the estimated future cash flows are
discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks
specific to the asset for which the estimates of future cash flows have not been adjusted.
At the end of each reporting period, the company reviews the carrying amounts of its tangible, intangible assets to determine whether there is
any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in
order to determine the extent of the impairment loss (if any).
h) Provisions, Contingent liabilities, Contingent Assets, and Commitments
Provisions
Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that an
outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of
the obligation.
Contingent Liability
A contingent liability exists when there is a possible but not probable obligation, or a present obligation that may, but probably will not, require
an outflow of resources, or a present obligation whose amount cannot be estimated reliably. Contingent liabilities do not warrant provisions, but
are disclosed unless the possibility of outflow of resources is remote.
Contingent Assets
Contingent assets are neither recognised nor disclosed in the financial statements. However, contingent assets are assessed continually and if it is
66
virtually certain that an inflow of economic benefits will arise, the asset and related income are recognised in the period in which the change
occurs.
Commitments
Commitments include the amount of purchase order (net of advances) issued to parties for completion of assets. Provisions, contingent liabilities,
contingent assets and commitments are reviewed at each reporting date.
i) Retirement and other Employee Benefits
Short term employee benefits:
All employee benefits payable/available within twelve months of rendering the service are classified as short-term employee benefits. Benefits
such as salaries, wages and bonus etc., are recognised in the statement of profit and loss in the period in which the employee renders the related
service.
Defined Contribution Plans:
A defined contribution plan is a post-employment benefit plan under which an entity pays specified contributions to a separate entity and has no
obligation to pay any further amounts. The Company makes specified monthly contributions towards Employee Provident Fund and Employee
State Insurance Scheme (‘ESI’) to Government administered provident fund scheme which is a defined contribution plan. The Company’s
contribution is recognised as an expense in the Statement of Profit and Loss during the period in which the employee renders the related service.
Defined Benefit Plan:
The Company’s gratuity scheme is a defined benefit plan. The present value of the obligation under such defined benefit plan is determined based
on an actuarial valuation as at balance sheet date using the Projected Unit Credit Method, which recognizes each year of service as giving rise to
additional unit of employee benefit entitlement and measure each unit separately to build up the final obligation. The obligation is measured at the
present value of estimated future cash flows. The discount rates used for determining the present value of obligation under defined benefit plans,
is based on the market yields on Government securities as at the Balance Sheet date.
Other Long term employee benefits
The employees can carry-forward a portion of the un-utilize accrued compensated absences and utilize it in future service periods or receive cash
compensation during employment as per policy of the Company or on termination of employment. Since the compensated absences do not fall
due wholly within twelve months after the end of the period in which the employees render the related service and are also not expected to be
utilized wholly within twelve months after the end of such period, the benefit is classified as a long-term employee benefit. The Company records
an obligation for such compensated absences in the period in which the employee renders the services that increase this entitlement. The
obligation is measured on the basis of independent actuarial valuation using the projected unit credit method.
Long term incentive
The company has offered a long term oncentive plan for its employee based on achievement of certain individual performac milestones and
collective milestones at the Company level. This plan offers a formula based financial incentive to eligible employees who meet these milestones.
Re-measurement of employee benefits including actuarial gains and losses are recognized in the balance sheet with a corresponding debit or credit
to retained earnings through Statement of Profit and Loss or Other Comprehensive Income in the year of occurrence, as the case may be.
Re-measurements are not reclassified to the Statement of Profit and Loss in subsequent periods.
j) Cash and cash equivalents
Cash and cash equivalent in the balance sheet comprise cash at banks and on hand and short-term deposits with an original maturity of three
months or less, which are subject to an insignificant risk of changes in value.
Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the effects of
transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash flows from operating, investing
and financing activities of the Company are segregated based on the available information.
Bank overdrafts which are repayable on demand form an integral part of an entity's cash management, bank overdrafts are included as a
component of cash and cash equivalents.
k) Foreign currencies
Transactions in foreign currencies are initially recorded by the Company at their respective functional currency spot rates at the date the
transaction first qualifies for recognition. However, for practical reasons, the company uses an average rate if the average approximates the actual
rate at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency spot rates of exchange at the reporting
date.
Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates at the dates of the
initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the
fair value is determined. The gain or loss arising on translation of non-monetary items measured at fair value is treated in line with the recognition
of the gain or loss on the change in fair value of the item (i.e., translation differences on items whose fair value gain or loss is recognised in OCI
or profit or loss are also recognised in OCI or profit or loss, respectively).
l) Fair value measurement
The Company measures financial instruments, specific investments (other than subsidiary, joint venture and associates), at fair value at each
balance sheet date.
All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy,
described as follows, based on the lowest level input that is significant to the fair value measurement as a whole:
(i) Level 1 — Quoted (unadjusted) market prices in active markets for identical assets or liabilities
(ii) Level 2 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly
observable
(iii) Level 3 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable.
For assets and liabilities that are recognized in the balance sheet on a recurring basis, the Company determines whether transfers have occurred
between levels in the hierarchy by re-assessing categorization (based on the lowest level input that is significant to the fair value measurement as
a whole) at the end of each reporting period.
For the purpose of fair value disclosures, the Company has determined classes of assets and liabilities on the basis of the nature, characteristics
and risks of the asset or liability and the level of the fair value hierarchy as explained above.
Financial Instruments
A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another
entity.
67
Financial Assets:
Classification
The Company classifies financial assets as subsequently measured at amortized cost, fair value through other comprehensive income or fair value
through Statement of Profit and Loss on the basis of its business model for managing the financial assets and the contractual cash flows
characteristics of the financial asset.
Initial recognition and measurement
All financial assets are recognized initially at fair value plus, in the case of financial assets not recorded at fair value through Statement of Profit
and Loss, transaction costs that are attributable to the acquisition of the financial asset.
Subsequent measurement
For purposes of subsequent measurement financial assets are classified in below categories:
Financial assets carried at amortized cost
A financial asset other than specific investments, is subsequently measured at amortized cost if it is held within a business model whose objective
is to hold the asset in order to collect contractual cash flows and the contractual terms of the financial asset give rise on specified dates to cash
flows that are solely payments of principal and interest on the principal amount outstanding.
Financial assets at fair value through other comprehensive income
A financial asset comprising specific investment is subsequently measured at fair value through other comprehensive income if it is held within a
business model whose objective is achieved by both collecting contractual cash flows and selling financial assets and the contractual terms of the
financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.
Financial assets at fair value through Statement of Profit and Loss
A financial asset comprising mutual funds which is not classified in any of the above categories are subsequently fair valued through profit or
loss.
Financial Assets Derecognition
A financial asset is primarily derecognized when the rights to receive cash flows from the asset have expired or the Company has transferred its
rights to receive cash flows from the asset.
The company has accounted for its investment in subsidiaries at cost. The company assesses whether there is any indication that these investments
may be impaired. If any such indication exists, the investment is considered for impairment based on the fair value thereof.
Impairment of other financial assets
The Company assesses impairment based on expected credit losses (ECL) model for measurement and recognition of impairment loss on the
financial assets that are trade receivables or contract revenue receivables and all lease receivables etc.
Financial liabilities
Initial Recognition and Measurement
Financial liabilities are classified, at initial recognition, as financial liabilities at amortised cost
All financial liabilities are recognised initially at fair value and, in the case of loans and borrowings and payables, net of directly attributable
transaction costs.
The Company’s financial liabilities include borrowings, trade and other payables, financial guarantee obligations etc.
The measurement of financial liabilities depends on their classification, as described below:
Financial liabilities at Amortized Cost
After initial recognition, financial liabilities are subsequently measured at amortized cost using the effective interest rate (EIR) method. Gains and
losses are recognized in Statement of Profit and Loss when the liabilities are derecognized as well as through the EIR amortization process.
Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR.
The EIR amortization is included as finance costs in the Statement of Profit and Loss.
Offsetting of financial instruments
Financial assets and financial liabilities are offset and the net amount is reported in the balance sheet if there is a currently enforceable legal right
to offset the recognised amounts and there is an intention to settle on a net basis, to realise the assets and settle the liabilities simultaneously.
m) Revenue recognition
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably
measured. Revenue from providing services is recognised in the accounting period in which the service are rendered.. The following specific
recognition criteria must also be met before revenue is recognized:
Revenue from food and beverages , maintenance and club services are recognized upon rendering of service. Sales are net of discounts. Goods
service tax is reduced from sales.
Revenue from club membership is collected upfront either for lifetime or for a specified period. Revenue from membership admission fee is
recognized as income on admission of a member. Admission fee collected is non refundable and non transferrable. Annual entitlement fee, which
entitles the members to the club membership facilities over the agreed membership period, is recognized as income in the year for which it is
received.
Other Income is accounted on accural basis. Interest income is recognised on time proportion basis using EIR method. Dividend Income is
recognised when the right to receive is established.
n) Taxes
Tax expense comprises current and deferred tax. Current income-tax is measured at the amount expected to be paid to the tax authorities in
accordance with the Income-tax Act, 1961 enacted in India and tax laws prevailing in the respective tax jurisdictions where the Company
operates. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted, at the reporting date. Current
income tax relating to items recognized directly in equity is recognized in equity and not in the statement of profit and loss.
Deferred tax is provided, using the balance sheet method, on all temporary differences at the reporting date between the tax bases of assets and
liabilities and their carrying amounts for financial reporting purposes considering the tax rate and tax laws that have been enacted or substantively
enacted as on the reporting date.
At each reporting date, the Company re-assesses unrecognized deferred tax assets. It recognizes unrecognized deferred tax asset to the extent that
it is probable that sufficient future taxable income will be available against which such deferred tax assets can be realized.
The carrying amount of deferred tax assets are reviewed at each reporting date. The Company writes-down the carrying amount of deferred tax
asset to the extent that it is no longer probable that sufficient future taxable income will be available against which deferred tax asset can be
realized. Any such write-down is reversed to the extent that it becomes probable that sufficient future taxable income will be available.
o) Earnings per share
68
Basic earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items, if any) by the
weighted average number of equity shares outstanding during the year.
Diluted earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items, if any) as
adjusted for dividend, interest and other charges to expense or income relating to the dilutive potential equity shares, by the weighted average
number of equity shares considered for deriving basic earnings per share and the weighted average number of equity shares which could have
been issued on the conversion of all dilutive potential equity shares. Potential equity shares are deemed to be dilutive only if their conversion to
equity shares would decrease the net profit per share from continuing ordinary operations. Potential dilutive equity shares are deemed to be
converted as at the beginning of the period, unless they have been issued at a later date. The dilutive potential equity shares are adjusted for the
proceeds receivable had the shares been actually issued at fair value. Dilutive potential equity shares are determined independently for each period
presented. The number of equity shares and potentially dilutive equity shares are adjusted for share splits / reverse share splits and bonus shares,
as appropriate.
p) Borrowing Cost
Borrowing costs include interest, amortisation of ancillary costs incurred and exchange differences arising from foreign currency borrowings to
the extent they are regarded as an adjustment to the interest cost. Costs in connection with the borrowing of funds to the extent not directly
related to the acquisition of qualifying assets are charged to the Statement of Profit and Loss over the tenure of the loan. Borrowing costs,
allocated to and utilised for qualifying assets, pertaining to the period from commencement of activities relating to construction /development of
the qualifying asset upto the date of capitalisation of such asset are added to the cost of the assets. Capitalisation of borrowing costs is suspended
and charged to the Statement of Profit and Loss during extended periods when active development activity on the qualifying assets is interrupted.
q) GST input credit
GST input credit is accounted for in the books in the period in which the underlying service received is accounted and when there is no
uncertainty in availing / utilising the credits.
r) Inventories
Stores and Spares are valued at lower of cost and net realisable value. Cost is determined using the weighted average method.
Assets held for financial lease are valued at lower of cost and net realisable value. The cost comprises of raw materials, direct labour, other direct
cost including borrowing cost.
s) IndAS amendments
During the year following Ind AS has been amended and there is no significant impact on Company financial statements on adoption of these
changes - First time adoption of Indian Accounting (Ind AS 101), Business Combinations (Ind AS 103), Financial Instruments (Ind AS 109),
Joint Arrangements (Ind AS 111), Income Taxes (Ind AS 12), Employee Benefits (Ind AS 19), Borrowing Costs (Ind AS 23), Investment in
Associates and Joint Ventures (Ind AS 28).
Description of accounting policy for borrowing costs [Text Block]
p) Borrowing Cost
Borrowing costs include interest, amortisation of ancillary costs incurred and exchange differences arising from foreign currency
borrowings to the extent they are regarded as an adjustment to the interest cost. Costs in connection with the borrowing of funds
to the extent not directly related to the acquisition of qualifying assets are charged to the Statement of Profit and Loss over the
tenure of the loan. Borrowing costs, allocated to and utilised for qualifying assets, pertaining to the period from commencement
of activities relating to construction /development of the qualifying asset upto the date of capitalisation of such asset are added to
the cost of the assets. Capitalisation of borrowing costs is suspended and charged to the Statement of Profit and Loss during
extended periods when active development activity on the qualifying assets is interrupted.
69
Description of accounting policy for deferred income tax [Text Block]
n) Taxes
Tax expense comprises current and deferred tax. Current income-tax is measured at the amount expected to be paid to the tax
authorities in accordance with the Income-tax Act, 1961 enacted in India and tax laws prevailing in the respective tax
jurisdictions where the Company operates. The tax rates and tax laws used to compute the amount are those that are enacted
or substantively enacted, at the reporting date. Current income tax relating to items recognized directly in equity is recognized in
equity and not in the statement of profit and loss.
Deferred tax is provided, using the balance sheet method, on all temporary differences at the reporting date between the tax
bases of assets and liabilities and their carrying amounts for financial reporting purposes considering the tax rate and tax laws
that have been enacted or substantively enacted as on the reporting date.
At each reporting date, the Company re-assesses unrecognized deferred tax assets. It recognizes unrecognized deferred tax
asset to the extent that it is probable that sufficient future taxable income will be available against which such deferred tax
assets can be realized.
The carrying amount of deferred tax assets are reviewed at each reporting date. The Company writes-down the carrying amount
of deferred tax asset to the extent that it is no longer probable that sufficient future taxable income will be available against
which deferred tax asset can be realized. Any such write-down is reversed to the extent that it becomes probable that sufficient
future taxable income will be available.
70
Description of accounting policy for depreciation expense [Text Block]
Cost of Tangible Assets, less its residual value as per Companies Act, is depreciated on pro-rata basis on Straight Line Method
over the useful life of the assets estimated by the management. Pursuant to this policy, assets are depreciated over the following
term-
Asset Type
Building : 60 years
Office Equipment : 5 years
IT Equipment (End user devices) : 3 years
IT Equipment (Servers and network) : 6 years
Vehicles : 8 years
Useful lives are based on the management's estimate of the useful life of tangible assets and which can be lower than the lives
arrived at on the basis of Schedule II of Companies Act, 2013.
Cost of Intangible Assets is depreciated on pro-rata basis on Straight Line Method over the useful life of the assets estimated by
the management. Pursuant to this policy, assets are depreciated over the following term-
Asset Type
71
Description of accounting policy for determining components of cash and cash equivalents [Text Block]
Cash and cash equivalent in the balance sheet comprise cash at banks and on hand and short-term deposits with an original
maturity of three months or less, which are subject to an insignificant risk of changes in value.
Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the
effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash
flows from operating, investing and financing activities of the Company are segregated based on the available information.
Bank overdrafts which are repayable on demand form an integral part of an entity's cash management, bank overdrafts are
included as a component of cash and cash equivalents.
Transactions in foreign currencies are initially recorded by the Company at their respective functional currency spot rates at the
date the transaction first qualifies for recognition. However, for practical reasons, the company uses an average rate if the
average approximates the actual rate at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency spot rates of
exchange at the reporting date.
Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates
at the dates of the initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the
exchange rates at the date when the fair value is determined. The gain or loss arising on translation of non-monetary items
measured at fair value is treated in line with the recognition of the gain or loss on the change in fair value of the item (i.e.,
translation differences on items whose fair value gain or loss is recognised in OCI or profit or loss are also recognised in OCI or
profit or loss, respectively).
Description of accounting policy for earnings per share [Text Block]
Basic earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items, if
any) by the weighted average number of equity shares outstanding during the year.
Diluted earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items,
if any) as adjusted for dividend, interest and other charges to expense or income relating to the dilutive potential equity shares,
by the weighted average number of equity shares considered for deriving basic earnings per share and the weighted average
number of equity shares which could have been issued on the conversion of all dilutive potential equity shares. Potential equity
shares are deemed to be dilutive only if their conversion to equity shares would decrease the net profit per share from continuing
ordinary operations. Potential dilutive equity shares are deemed to be converted as at the beginning of the period, unless they
have been issued at a later date. The dilutive potential equity shares are adjusted for the proceeds receivable had the shares
been actually issued at fair value. Dilutive potential equity shares are determined independently for each period presented. The
number of equity shares and potentially dilutive equity shares are adjusted for share splits / reverse share splits and bonus
shares, as appropriate.
72
Description of accounting policy for employee benefits [Text Block]
All employee benefits payable/available within twelve months of rendering the service are classified as short-term employee
benefits. Benefits such as salaries, wages and bonus etc., are recognised in the statement of profit and loss in the period in
which the employee renders the related service.
A defined contribution plan is a post-employment benefit plan under which an entity pays specified contributions to a separate
entity and has no obligation to pay any further amounts. The Company makes specified monthly contributions towards Employee
Provident Fund and Employee State Insurance Scheme (‘ESI’) to Government administered provident fund scheme which is a
defined contribution plan. The Company’s contribution is recognised as an expense in the Statement of Profit and Loss during
the period in which the employee renders the related service.
The Company’s gratuity scheme is a defined benefit plan. The present value of the obligation under such defined benefit plan is
determined based on an actuarial valuation as at balance sheet date using the Projected Unit Credit Method, which recognizes
each year of service as giving rise to additional unit of employee benefit entitlement and measure each unit separately to build up
the final obligation. The obligation is measured at the present value of estimated future cash flows. The discount rates used for
determining the present value of obligation under defined benefit plans, is based on the market yields on Government securities
as at the Balance Sheet date.
The employees can carry-forward a portion of the un-utilize accrued compensated absences and utilize it in future service
periods or receive cash compensation during employment as per policy of the Company or on termination of employment. Since
the compensated absences do not fall due wholly within twelve months after the end of the period in which the employees render
the related service and are also not expected to be utilized wholly within twelve months after the end of such period, the benefit is
classified as a long-term employee benefit. The Company records an obligation for such compensated absences in the period in
which the employee renders the services that increase this entitlement. The obligation is measured on the basis of independent
actuarial valuation using the projected unit credit method.
Re-measurement of employee benefits including actuarial gains and losses are recognized in the balance sheet with a
corresponding debit or credit to retained earnings through Statement of Profit and Loss or Other Comprehensive Income in the
year of occurrence, as the case may be. Re-measurements are not reclassified to the Statement of Profit and Loss in
subsequent periods.
73
Description of accounting policy for fair value measurement [Text Block]
The Company measures financial instruments, specific investments (other than subsidiary, joint venture and associates), at fair
value at each balance sheet date.
All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the fair
value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole:
(ii) Level 2 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or
indirectly observable
(iii) Level 3 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is
unobservable.
For assets and liabilities that are recognized in the balance sheet on a recurring basis, the Company determines whether
transfers have occurred between levels in the hierarchy by re-assessing categorization (based on the lowest level input that is
significant to the fair value measurement as a whole) at the end of each reporting period.
For the purpose of fair value disclosures, the Company has determined classes of assets and liabilities on the basis of the
nature, characteristics and risks of the asset or liability and the level of the fair value hierarchy as explained above.
Description of accounting policy for impairment of financial assets [Text Block]
The Company assesses impairment based on expected credit losses (ECL) model for measurement and recognition of
impairment loss on the financial assets that are trade receivables or contract revenue receivables and all lease receivables etc.
74
Description of accounting policy for investment in associates [Text Block]
Investment in subsidiaries
The company has accounted for its investment in subsidiaries at cost. The company assesses whether there is any indication
that these investments may be impaired. If any such indication exists, the investment is considered for impairment based on the
fair value thereof.
75
Description of accounting policy for leases [Text Block]
f) Leases
Leases in which the Company transfers substantially all the risks and benefits of ownership of the asset are classified as finance
leases. The Company is receiving full lease consideration in advance before possession/registration of lease deed. In such
case the entire lease consideration towards the apartment to the extent it is related to lease rentals, is recognized as revenue in
the Statement of Profit & Loss and the costs of the leased unit is transferred from inventory to Statement of Profit & Loss.
Leases in which the Company does not transfer substantially all the risks and benefits of ownership of the asset are classified as
operating leases. Assets subject to operating leases are included in PPE. Lease income on an operating lease is recognized in
the statement of profit and loss on a straight-line basis over the lease term. Costs, including depreciation, are recognized as an
expense in the statement of profit and loss. Initial direct costs such as legal costs, brokerage costs, etc. are recognized
immediately in the statement of profit and loss.
The Company assesses whether a contract contains a lease, at inception of a contract. A contract is, or contains, a lease if the
contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess
whether a contract conveys the right to control the use of an identified asset, the Company assesses whether: (i) the contract
involves the use of an identified asset (ii) the Company has substantially all of the economic benefits from use of the asset
through the period of the lease and (iii) the Company has the right to direct the use of the asset.
At the commencement of the lease, the Company recognizes a right-of-use asset (ROU) and a corresponding lease liability for
all lease arrangements in which it is a lessee, except for leases with a term of twelve months or less (short-term leases) and low
value leases. For these short-term and low value leases, the Company recognizes the lease payments as an operating expense
on a straight-line basis over the term of the lease.
The right-of-use assets are initially recognized at cost, which comprises the initial amount of the lease liability adjusted for any
lease payments made at or prior to the commencement date of the lease plus any initial direct costs less any lease incentives.
They are subsequently measured at cost less accumulated depreciation and impairment losses
Right-of-use assets are depreciated from the commencement date on a straight-line basis over the shorter of the lease term and
useful life of the underlying asset. Right of use assets are evaluated for recoverability whenever events or changes in
circumstances indicate that their carrying amounts may not be recoverable.
The lease liability is initially measured at amortized cost at the present value of the future lease payments. The lease payments
are discounted using the interest rate implicit in the lease.
Lease liability and ROU asset are separately presented in the Balance Sheet and lease payments are classified as financing
cash flows.
76
Description of accounting policy for measuring inventories [Text Block]

Inventories
Description of accounting policy for property, plant and equipment [Text Block]
Property, Plant & Equipments are stated at cost, net of accumulated depreciation and accumulated impairment losses, if any.
The cost comprises purchase price and directly attributable cost of bringing the asset to its working condition for the intended
use, including borrowing cost. Any trade discounts and rebates are deducted in arriving at the purchase price.
Stores and Spare which meet the definition of property, plant and equipment (whether as component or otherwise) and satisfy
the recognition criteria, are capitalized as PPE in the underlying assets.
Expense on existing PP&E viz., major inspection/overhaul/repair is recognized in the carrying amount of respective assets as
replacement if the recognition criteria are satisfied. All day-to-day servicing of the item related to PP&E are charged to the
statement of profit and loss for the period during which such expenses are incurred.
An item of property, plant and equipment and any significant part initially recognised is derecognised upon disposal or when no
future economic benefits are expected from its use or disposal. Any gain or loss arising on de-recognition of the asset (calculated
as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the statement of profit
and loss when the asset is derecognised.
The residual values, useful lives and methods of depreciation of property, plant and equipment are reviewed at each financial
year end and adjusted prospectively, if appropriate.
Intangible assets acquired separately are measured on initial recognition at cost. Following initial recognition, intangible assets
are carried at cost less any accumulated amortisation and accumulated impairment loss.
77
Description of accounting policy for provisions [Text Block]
Provisions
Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is
probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable
estimate can be made of the amount of the obligation.
Description of accounting policy for recognition of revenue [Text Block]
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can
be reliably measured. Revenue from providing services is recognised in the accounting period in which the service are rendered..
The following specific recognition criteria must also be met before revenue is recognized:
Revenue from food and beverages , maintenance and club services are recognized upon rendering of service. Sales are net of
discounts. Goods service tax is reduced from sales.
Revenue from club membership is collected upfront either for lifetime or for a specified period. Revenue from membership
admission fee is recognized as income on admission of a member. Admission fee collected is non refundable and non
transferrable. Annual entitlement fee, which entitles the members to the club membership facilities over the agreed membership
period, is recognized as income in the year for which it is received.
Other Income is accounted on accural basis. Interest income is recognised on time proportion basis using EIR method. Dividend
Income is recognised when the right to receive is established.
78
Description of other accounting policies relevant to understanding of financial statements [Text Block]
a) Basis of preparation
The financial statements have been prepared in accordance with Indian Accounting Standard (Ind AS). The Company has
prepared these financial statements to comply in all material respects with the Indian accounting standards notified under the
Companies (Indian Accounting Standards) Rules, 2015, (as amended) and the Company has complied in all material respects
with the Indian Accounting Standards notified under the Companies Act, 1956/the Companies Act, 2013 as amended time to
time. The financial statements have been prepared on an accrual basis. The company has adopted historical cost basis for
assets and liabilities except for certain items which have been measured on a different basis and such basis is disclosed in the
relevant accounting policy.The financial statements are presented in Indian Rupees (‘INR’) except when otherwise indicated.
b) Use of estimates
The preparation of financial statements in conformity with Indian Accounting Standard requires the management to make
judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the
disclosure of contingent liabilities, at the end of the reporting period. Although these estimates are based on the management’s
best knowledge of current events and actions, uncertainty about these assumptions and estimates could result in the outcomes
requiring a material adjustment to the carrying amounts of assets or liabilities in future periods.
The Company presents assets and liabilities in the Balance Sheet based on current/ non-current classification. An asset is
treated as current when it is:
iv). Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after
the reporting period
A liability is current when it is
The operating cycle is the time between the acquisition of assets for processing and their realisation in cash and cash
equivalents. The Company has identified twelve months as its operating cycle.
79
[610200] Notes - Corporate information and statement of IndAs compliance

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of corporate information notes and other explanatory information
[TextBlock]
Textual information (55) Textual information (56)
Statement of Ind AS compliance [TextBlock] [See below] [See below]
Whether there is any departure from Ind AS No No
Whether there are reclassifications to comparative amounts No No
Disclosure of significant accounting policies [TextBlock] [See below]
Description of other accounting policies relevant to Textual information (58)
understanding of financial statements [TextBlock] [See below]
Statement of Ind AS compliance [Text Block]

The financial statements are presented in Indian Rupees (INR) except when otherwise indicated.
Statement of Ind AS compliance [Text Block]

80
Disclosure of significant accounting policies [Text Block]

b) Use of estimates
The preparation of financial statements in conformity with Indian Accounting Standard requires the management to make judgments, estimates
and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the disclosure of contingent liabilities, at the end
of the reporting period. Although these estimates are based on the management’s best knowledge of current events and actions, uncertainty about
these assumptions and estimates could result in the outcomes requiring a material adjustment to the carrying amounts of assets or liabilities in
future periods.
The Company presents assets and liabilities in the Balance Sheet based on current/ non-current classification. An asset is treated as current when
it is:
iv). Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period

A liability is current when it is:
The operating cycle is the time between the acquisition of assets for processing and their realisation in cash and cash equivalents. The Company
has identified twelve months as its operating cycle.
Property, Plant & Equipments are stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. The cost comprises
purchase price and directly attributable cost of bringing the asset to its working condition for the intended use, including borrowing cost. Any
trade discounts and rebates are deducted in arriving at the purchase price.
Stores and Spare which meet the definition of property, plant and equipment (whether as component or otherwise) and satisfy the recognition
criteria, are capitalized as PPE in the underlying assets.
Expense on existing PP&E viz., major inspection/overhaul/repair is recognized in the carrying amount of respective assets as replacement if the
recognition criteria are satisfied. All day-to-day servicing of the item related to PP&E are charged to the statement of profit and loss for the period
during which such expenses are incurred.
An item of property, plant and equipment and any significant part initially recognised is derecognised upon disposal or when no future economic
benefits are expected from its use or disposal. Any gain or loss arising on de-recognition of the asset (calculated as the difference between the net
disposal proceeds and the carrying amount of the asset) is included in the statement of profit and loss when the asset is derecognised.
The residual values, useful lives and methods of depreciation of property, plant and equipment are reviewed at each financial year end and
adjusted prospectively, if appropriate.
Intangible assets acquired separately are measured on initial recognition at cost. Following initial recognition, intangible assets are carried at cost
less any accumulated amortisation and accumulated impairment loss.
Building : 60 years
Office Equipment:5 years
IT Equipment (End user devices):3 years
81
IT Equipment (Servers and network) :6 years
Vehicles :8 years
Useful lives are based on the management's estimate of the useful life of tangible assets and which can be lower than the lives arrived at on the
basis of Schedule II of Companies Act, 2013.
Assets of the value INR 5,000/- and below are directly charged to profit and loss account.
Cost of Intangible Assets is depreciated on pro-rata basis on Straight Line Method over the useful life of the assets estimated by the management.
Pursuant to this policy, assets are depreciated over the following term-
Asset Type
f) Leases
Leases in which the Company transfers substantially all the risks and benefits of ownership of the asset are classified as finance leases. The
Company is receiving full lease consideration in advance before possession/registration of lease deed. In such case the entire lease consideration
towards the apartment to the extent it is related to lease rentals, is recognized as revenue in the Statement of Profit & Loss and the costs of the
leased unit is transferred from inventory to Statement of Profit & Loss.
Leases in which the Company does not transfer substantially all the risks and benefits of ownership of the asset are classified as operating leases.
Assets subject to operating leases are included in PPE. Lease income on an operating lease is recognized in the statement of profit and loss on a
straight-line basis over the lease term. Costs, including depreciation, are recognized as an expense in the statement of profit and loss. Initial direct
costs such as legal costs, brokerage costs, etc. are recognized immediately in the statement of profit and loss.
The Company assesses whether a contract contains a lease, at inception of a contract. A contract is, or contains, a lease if the contract conveys the
right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to
control the use of an identified asset, the Company assesses whether: (i) the contract involves the use of an identified asset (ii) the Company has
substantially all of the economic benefits from use of the asset through the period of the lease and (iii) the Company has the right to direct the use
of the asset.
At the commencement of the lease, the Company recognizes a right-of-use asset (“ROU”) and a corresponding lease liability for all lease
arrangements in which it is a lessee, except for leases with a term of twelve months or less (short-term leases) and low value leases. For these
short-term and low value leases, the Company recognizes the lease payments as an operating expense on a straight-line basis over the term of the
lease.
The right-of-use assets are initially recognized at cost, which comprises the initial amount of the lease liability adjusted for any lease payments
made at or prior to the commencement date of the lease plus any initial direct costs less any lease incentives. They are subsequently measured at
cost less accumulated depreciation and impairment losses
Right-of-use assets are depreciated from the commencement date on a straight-line basis over the shorter of the lease term and useful life of the
underlying asset. Right of use assets are evaluated for recoverability whenever events or changes in circumstances indicate that their carrying
amounts may not be recoverable.
The lease liability is initially measured at amortized cost at the present value of the future lease payments. The lease payments are discounted
using the interest rate implicit in the lease.
Lease liability and ROU asset are separately presented in the Balance Sheet and lease payments are classified as financing cash flows.
Transition
Effective April 1, 2019, the Company adopted Ind AS 116 “Leases”. However there were no lease contracts existing on April 1, 2019 and hence
there is no impact on the company's retained earnings.
g) Impairment of Non - Financial Assets
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or
cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognized immediately in statement of profit and loss, unless
the relevant asset is carried at a revalue amount, in which case the impairment loss is treated as a revaluation decrease.
Recoverable amount is the higher of fair value less costs of disposal or value in use. In assessing value in use, the estimated future cash flows are
discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks
specific to the asset for which the estimates of future cash flows have not been adjusted.
At the end of each reporting period, the company reviews the carrying amounts of its tangible, intangible assets to determine whether there is
any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in
order to determine the extent of the impairment loss (if any).
h) Provisions, Contingent liabilities, Contingent Assets, and Commitments
Provisions
Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that an
outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of
the obligation.
Contingent Liability
A contingent liability exists when there is a possible but not probable obligation, or a present obligation that may, but probably will not, require
an outflow of resources, or a present obligation whose amount cannot be estimated reliably. Contingent liabilities do not warrant provisions, but
are disclosed unless the possibility of outflow of resources is remote.
Contingent Assets
Contingent assets are neither recognised nor disclosed in the financial statements. However, contingent assets are assessed continually and if it is
82
virtually certain that an inflow of economic benefits will arise, the asset and related income are recognised in the period in which the change
occurs.
Commitments
Commitments include the amount of purchase order (net of advances) issued to parties for completion of assets. Provisions, contingent liabilities,
contingent assets and commitments are reviewed at each reporting date.
All employee benefits payable/available within twelve months of rendering the service are classified as short-term employee benefits. Benefits
such as salaries, wages and bonus etc., are recognised in the statement of profit and loss in the period in which the employee renders the related
service.
A defined contribution plan is a post-employment benefit plan under which an entity pays specified contributions to a separate entity and has no
obligation to pay any further amounts. The Company makes specified monthly contributions towards Employee Provident Fund and Employee
State Insurance Scheme (‘ESI’) to Government administered provident fund scheme which is a defined contribution plan. The Company’s
contribution is recognised as an expense in the Statement of Profit and Loss during the period in which the employee renders the related service.
The employees can carry-forward a portion of the un-utilize accrued compensated absences and utilize it in future service periods or receive cash
compensation during employment as per policy of the Company or on termination of employment. Since the compensated absences do not fall
due wholly within twelve months after the end of the period in which the employees render the related service and are also not expected to be
utilized wholly within twelve months after the end of such period, the benefit is classified as a long-term employee benefit. The Company records
an obligation for such compensated absences in the period in which the employee renders the services that increase this entitlement. The
obligation is measured on the basis of independent actuarial valuation using the projected unit credit method.
Long term incentive
The company has offered a long term oncentive plan for its employee based on achievement of certain individual performac milestones and
collective milestones at the Company level. This plan offers a formula based financial incentive to eligible employees who meet these milestones.
Re-measurement of employee benefits including actuarial gains and losses are recognized in the balance sheet with a corresponding debit or credit
to retained earnings through Statement of Profit and Loss or Other Comprehensive Income in the year of occurrence, as the case may be.
Re-measurements are not reclassified to the Statement of Profit and Loss in subsequent periods.
Cash and cash equivalent in the balance sheet comprise cash at banks and on hand and short-term deposits with an original maturity of three
months or less, which are subject to an insignificant risk of changes in value.
Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the effects of
transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash flows from operating, investing
and financing activities of the Company are segregated based on the available information.
Bank overdrafts which are repayable on demand form an integral part of an entity's cash management, bank overdrafts are included as a
component of cash and cash equivalents.
k) Foreign currencies
Transactions in foreign currencies are initially recorded by the Company at their respective functional currency spot rates at the date the
transaction first qualifies for recognition. However, for practical reasons, the company uses an average rate if the average approximates the actual
rate at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency spot rates of exchange at the reporting
date.
Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates at the dates of the
initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the
fair value is determined. The gain or loss arising on translation of non-monetary items measured at fair value is treated in line with the recognition
of the gain or loss on the change in fair value of the item (i.e., translation differences on items whose fair value gain or loss is recognised in OCI
or profit or loss are also recognised in OCI or profit or loss, respectively).
balance sheet date.
observable
entity.
83
Financial Assets:
Classification
loss.
transaction costs.
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably
measured. Revenue from providing services is recognised in the accounting period in which the service are rendered.. The following specific
recognition criteria must also be met before revenue is recognized:
Revenue from food and beverages , maintenance and club services are recognized upon rendering of service. Sales are net of discounts. Goods
service tax is reduced from sales.
Revenue from club membership is collected upfront either for lifetime or for a specified period. Revenue from membership admission fee is
recognized as income on admission of a member. Admission fee collected is non refundable and non transferrable. Annual entitlement fee, which
entitles the members to the club membership facilities over the agreed membership period, is recognized as income in the year for which it is
received.
Other Income is accounted on accural basis. Interest income is recognised on time proportion basis using EIR method. Dividend Income is
recognised when the right to receive is established.
n) Taxes
Tax expense comprises current and deferred tax. Current income-tax is measured at the amount expected to be paid to the tax authorities in
accordance with the Income-tax Act, 1961 enacted in India and tax laws prevailing in the respective tax jurisdictions where the Company
operates. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted, at the reporting date. Current
income tax relating to items recognized directly in equity is recognized in equity and not in the statement of profit and loss.
Deferred tax is provided, using the balance sheet method, on all temporary differences at the reporting date between the tax bases of assets and
liabilities and their carrying amounts for financial reporting purposes considering the tax rate and tax laws that have been enacted or substantively
enacted as on the reporting date.
At each reporting date, the Company re-assesses unrecognized deferred tax assets. It recognizes unrecognized deferred tax asset to the extent that
it is probable that sufficient future taxable income will be available against which such deferred tax assets can be realized.
The carrying amount of deferred tax assets are reviewed at each reporting date. The Company writes-down the carrying amount of deferred tax
asset to the extent that it is no longer probable that sufficient future taxable income will be available against which deferred tax asset can be
realized. Any such write-down is reversed to the extent that it becomes probable that sufficient future taxable income will be available.
84
Basic earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items, if any) by the
weighted average number of equity shares outstanding during the year.
Diluted earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items, if any) as
adjusted for dividend, interest and other charges to expense or income relating to the dilutive potential equity shares, by the weighted average
number of equity shares considered for deriving basic earnings per share and the weighted average number of equity shares which could have
been issued on the conversion of all dilutive potential equity shares. Potential equity shares are deemed to be dilutive only if their conversion to
equity shares would decrease the net profit per share from continuing ordinary operations. Potential dilutive equity shares are deemed to be
converted as at the beginning of the period, unless they have been issued at a later date. The dilutive potential equity shares are adjusted for the
proceeds receivable had the shares been actually issued at fair value. Dilutive potential equity shares are determined independently for each period
presented. The number of equity shares and potentially dilutive equity shares are adjusted for share splits / reverse share splits and bonus shares,
as appropriate.
p) Borrowing Cost
Borrowing costs include interest, amortisation of ancillary costs incurred and exchange differences arising from foreign currency borrowings to
the extent they are regarded as an adjustment to the interest cost. Costs in connection with the borrowing of funds to the extent not directly
related to the acquisition of qualifying assets are charged to the Statement of Profit and Loss over the tenure of the loan. Borrowing costs,
allocated to and utilised for qualifying assets, pertaining to the period from commencement of activities relating to construction /development of
the qualifying asset upto the date of capitalisation of such asset are added to the cost of the assets. Capitalisation of borrowing costs is suspended
and charged to the Statement of Profit and Loss during extended periods when active development activity on the qualifying assets is interrupted.
q) GST input credit
GST input credit is accounted for in the books in the period in which the underlying service received is accounted and when there is no
uncertainty in availing / utilising the credits.
r) Inventories
s) IndAS amendments
During the year following Ind AS has been amended and there is no significant impact on Company financial statements on adoption of these
changes - First time adoption of Indian Accounting (Ind AS 101), Business Combinations (Ind AS 103), Financial Instruments (Ind AS 109),
Joint Arrangements (Ind AS 111), Income Taxes (Ind AS 12), Employee Benefits (Ind AS 19), Borrowing Costs (Ind AS 23), Investment in
Associates and Joint Ventures (Ind AS 28).
85
Description of other accounting policies relevant to understanding of financial statements [Text Block]
a) Basis of preparation
The financial statements have been prepared in accordance with Indian Accounting Standard (Ind AS). The Company has
prepared these financial statements to comply in all material respects with the Indian accounting standards notified under the
Companies (Indian Accounting Standards) Rules, 2015, (as amended) and the Company has complied in all material respects
with the Indian Accounting Standards notified under the Companies Act, 1956/the Companies Act, 2013 as amended time to
time. The financial statements have been prepared on an accrual basis. The company has adopted historical cost basis for
assets and liabilities except for certain items which have been measured on a different basis and such basis is disclosed in the
relevant accounting policy.The financial statements are presented in Indian Rupees (‘INR’) except when otherwise indicated.
b) Use of estimates
The preparation of financial statements in conformity with Indian Accounting Standard requires the management to make
judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the
disclosure of contingent liabilities, at the end of the reporting period. Although these estimates are based on the management’s
best knowledge of current events and actions, uncertainty about these assumptions and estimates could result in the outcomes
requiring a material adjustment to the carrying amounts of assets or liabilities in future periods.
The Company presents assets and liabilities in the Balance Sheet based on current/ non-current classification. An asset is
treated as current when it is:
iv). Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after
the reporting period
A liability is current when it is
The operating cycle is the time between the acquisition of assets for processing and their realisation in cash and cash
equivalents. The Company has identified twelve months as its operating cycle.
86
[610300] Notes - Accounting policies, changes in accounting estimates and errors

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of changes in accounting policies, accounting estimates and errors
[TextBlock]
Disclosure of initial application of standards or interpretations
[TextBlock]
Whether initial application of an Ind AS has an effect on the
No No
current period or any prior period
Disclosure of voluntary change in accounting policy [TextBlock]
Whether there is any voluntary change in accounting policy No No
Disclosure of changes in accounting estimates [TextBlock]
Whether there are changes in acounting estimates during the year No No
[400600] Notes - Property, plant and equipment
Disclosure of additional information about property plant and equipment [Table] ..(1)
Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Disclosure of additional information about
property plant and equipment [Abstract]
property plant and equipment [Line items]
Depreciation method, property, plant and Refer to child Straight Line
Refer to child member Straight Line Method
equipment member Method
Useful lives or depreciation rates, property, Refer to child
Refer to child member 0 0
plant and equipment member
Whether property, plant and equipment are
No No No No
stated at revalued amount
Classes of property, plant and equipment [Axis] Buildings [Member] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned and leased assets [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Depreciation method, property, plant and Refer to child Refer to child
Refer to child member Refer to child member
equipment member member
Useful lives or depreciation rates, property, Refer to child Refer to child
plant and equipment member member
No No No No
87
Classes of property, plant and equipment [Axis] Office building [Member] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member] Owned and leased assets [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Refer to child
Measurement bases, property, plant and equipment member
Refer to child member
Depreciation method, property, plant and Straight Line Refer to child

Straight Line Method Refer to child member
equipment Method member
60 60 Refer to child member
No No No No
Classes of property, plant and equipment [Axis] Factory equipments [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Refer to child
Refer to child member At cost At cost

No No No No
Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Refer to child
Refer to child member At cost At cost

No No No No
88
Classes of property, plant and equipment [Axis] Vehicles [Member] Motor vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned and leased assets [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Refer to child Refer to child
member
Depreciation method, property, plant and Refer to child Refer to child

equipment member member
Useful lives or depreciation rates, property, Refer to child Refer to child
plant and equipment member member
No No No No
Classes of property, plant and equipment [Axis] Motor vehicles [Member] Office equipment [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Refer to child
Measurement bases, property, plant and equipment At cost At cost
member

No No No No
Classes of property, plant and equipment [Axis] Office equipment [Member] Computer equipments [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Refer to child
member

No No No No
89
Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of additional information about property plant and equipment [Abstract]
Disclosure of additional information about property plant and equipment [Line items]
Straight Line
Depreciation method, property, plant and equipment Method
Straight Line Method
Useful lives or depreciation rates, property, plant and equipment 6 6

Whether property, plant and equipment are stated at revalued amount No No
Disclosure of detailed information about property, plant and equipment [Table] ..(1)
Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
Carrying amount [Member] Gross carrying amount [Member]
amount [Axis]
01/04/2019 01/04/2018
31/03/2020 31/03/2019 to to
31/03/2020 31/03/2019
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and 10.69 68.03
equipment
Disposals and retirements, property,
Disposals, property, plant and
0 5.4
equipment
Total disposals and retirements,
0 5.4
property, plant and equipment
Total increase (decrease) in property,
10.69 62.63
plant and equipment
Property, plant and equipment at end of
3,486.04 8,754.83 9,280.66 9,269.97
period
90
Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Carrying amount accumulated depreciation and gross carrying amount Gross carrying
Accumulated depreciation and impairment [Member]
[Axis] amount [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
5,279.48 276.98
loss
Total Depreciation property plant and
5,279.48 276.98
equipment
0 5.13
equipment
0 5.13
5,279.48 271.85
plant and equipment
9,207.34 5,794.62 515.14 243.29
period
91
Carrying amount [Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
combinations, property, plant and 0 0 0
equipment
0 0
loss
0 0
equipment
0 0 0
equipment
0 0 0
0 0 0
plant and equipment
1,923.77 1,923.77 1,923.77 1,923.77
period
92
Carrying amount accumulated depreciation and gross carrying Accumulated depreciation and
Gross carrying amount [Member]
amount [Axis] impairment [Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
combinations, property, plant and 0
equipment
0 0
loss
0 0
equipment
0 0 0
equipment
0 0 0
0 0 0
plant and equipment
1,923.77 1,923.77 0 0
period
93
Owned and leased
assets [Member]
Accumulated
Carrying amount accumulated depreciation and gross carrying amount depreciation and
[Axis] impairment
[Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
combinations, property, plant and 0 0
equipment
0 0
loss
0 0
equipment
0 0
equipment
0 0
0 0
plant and equipment
0 1,923.77 1,923.77 1,923.77
period
94
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
combinations, property, plant and 0 0
equipment
0
loss
0
equipment
0 0 0
equipment
0 0 0
0 0 0
plant and equipment
1,923.77 1,923.77 1,923.77 0
period
95
Classes of property, plant and equipment [Axis] Land [Member] Buildings [Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
combinations, property, plant and 0 28.41
equipment
0 -3,953.22 -81.89
loss
0 -3,953.22 -81.89
equipment
0 0 0
equipment
0 0 0
0 -3,953.22 -53.48
plant and equipment
0 0 1,052.46 5,005.68
period
Classes of property, plant and equipment [Axis] Buildings [Member]
Carrying amount accumulated depreciation and gross carrying amount Carrying amount
[Axis] [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
0 0
equipment
0 0
0 28.41
plant and equipment
5,059.16 5,152.82 5,152.82 5,124.41
period
96
Owned assets
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
3,953.22 81.89
loss
3,953.22 81.89
equipment
0 0 0
equipment
0 0 0
3,953.22 81.89 0
plant and equipment
4,100.36 147.14 65.25 5,152.82
period
97
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
combinations, property, plant and 28.41
equipment
3,953.22 81.89
loss
3,953.22 81.89
equipment
0 0 0
equipment
0 0 0
28.41 3,953.22 81.89
plant and equipment
5,152.82 5,124.41 4,100.36 147.14
period
98
Buildings
Classes of property, plant and equipment [Axis] Office building [Member]
[Member]
Owned assets
[Member]
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
-3,953.22 -81.89
loss
-3,953.22 -81.89
equipment
0 0
equipment
0 0
-3,953.22 -53.48
plant and equipment
65.25 1,052.46 5,005.68 5,059.16
period
99
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
3,953.22
loss
3,953.22
equipment
0 0 0
equipment
0 0 0
0 28.41 3,953.22
plant and equipment
5,152.82 5,152.82 5,124.41 4,100.36
period
100
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
81.89 -3,953.22 -81.89
loss
81.89 -3,953.22 -81.89
equipment
0 0 0
equipment
0 0 0
81.89 -3,953.22 -53.48
plant and equipment
147.14 65.25 1,052.46 5,005.68
period
[Axis] [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
0 0
equipment
0 0
0 28.41
plant and equipment
5,059.16 5,152.82 5,152.82 5,124.41
period
101
Plant and
Classes of property, plant and equipment [Axis] Office building [Member] equipment
[Member]
Owned and leased
assets [Member]
[Axis] [Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
(A) 3,953.22 81.89 -645.92
loss
3,953.22 81.89 -645.92
equipment
0 0 0
equipment
0 0 0
3,953.22 81.89 -642.43
plant and equipment
4,100.36 147.14 65.25 148.8
period
(A) Charge during the year : 81.28 Impairment : 3871.94
102
Classes of property, plant and equipment [Axis] Plant and equipment [Member]
amount [Axis]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
combinations, property, plant and 0 3.49 0
equipment
-57.03
loss
-57.03
equipment
0 0 0
equipment
0 0 0
-57.03 3.49 0
plant and equipment
791.23 848.26 904.02 900.53
period
103
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
645.92 57.03
loss
645.92 57.03
equipment
0 0
equipment
0 0
645.92 57.03
plant and equipment
900.53 755.22 109.3 52.27
period
104
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
combinations, property, plant and 3.49 0
equipment
645.92
loss
645.92
equipment
0 0 0
equipment
0 0 0
3.49 0 645.92
plant and equipment
904.02 900.53 900.53 755.22
period
105
Classes of property, plant and equipment [Axis] Plant and equipment [Member] Other plant and equipment [Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
57.03 -645.92 -57.03
loss
57.03 -645.92 -57.03
equipment
0 0 0
equipment
0 0 0
57.03 -642.43 -57.03
plant and equipment
109.3 52.27 148.8 791.23
period
Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
[Axis] [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
0 0
equipment
0 0
3.49 0
plant and equipment
848.26 904.02 900.53 900.53
period
106
Owned assets
[Member]
[Axis] [Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
645.92 57.03 -645.92
loss
645.92 57.03 -645.92
equipment
0 0 0
equipment
0 0 0
645.92 57.03 -642.43
plant and equipment
755.22 109.3 52.27 148.8
period
107
amount [Axis]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
combinations, property, plant and 0 3.49 0
equipment
-57.03
loss
-57.03
equipment
0 0 0
equipment
0 0 0
-57.03 3.49 0
plant and equipment
791.23 848.26 904.02 900.53
period
108
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
(A) 645.92 57.03
loss
645.92 57.03
equipment
0 0
equipment
0 0
645.92 57.03
plant and equipment
900.53 755.22 109.3 52.27
period
109
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
combinations, property, plant and 3.1 35.54 3.1
equipment
-643.98 -103.08
loss
-643.98 -103.08
equipment
0 0 0
equipment
0 0 0
-640.88 -67.54 3.1
plant and equipment
275.34 916.22 983.76 1,103.78
period
110
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
643.98 103.08
loss
643.98 103.08
equipment
0 0
equipment
0 0
35.54 643.98 103.08
plant and equipment
1,100.68 1,065.14 828.44 184.46
period
111
Owned and leased
assets [Member]
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
-643.98 -103.08
loss
-643.98 -103.08
equipment
0 0
equipment
0 0
-640.88 -67.54
plant and equipment
81.38 275.34 916.22 983.76
period
112
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
(A) 643.98
loss
643.98
equipment
0 0
equipment
0 0
3.1 35.54 643.98
plant and equipment
1,103.78 1,100.68 1,065.14 828.44
period
113
Classes of property, plant and equipment [Axis] Furniture and fixtures [Member] Vehicles [Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
103.08 -6.91 -6.01
loss
103.08 -6.91 -6.01
equipment
0 0 0
equipment
0 0 0
103.08 -3.38 -6.01
plant and equipment
184.46 81.38 31.03 34.41
period
Classes of property, plant and equipment [Axis] Vehicles [Member]
[Axis] [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
0 0
equipment
0 0
3.53 0
plant and equipment
40.42 44.27 40.74 40.74
period
114
Owned assets
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
6.91 6.01
loss
6.91 6.01
equipment
0 0
equipment
0 0
6.91 6.01 3.53
plant and equipment
13.24 6.33 0.32 44.27
period
115
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
6.91 6.01
loss
6.91 6.01
equipment
0 0
equipment
0 0
0 6.91 6.01
plant and equipment
40.74 40.74 13.24 6.33
period
116
Classes of property, plant and equipment [Axis] Vehicles [Member] Motor vehicles [Member]
Owned assets
[Member]
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
-6.91 -6.01
loss
-6.91 -6.01
equipment
0 0
equipment
0 0
-3.38 -6.01
plant and equipment
0.32 31.03 34.41 40.42
period
117
Classes of property, plant and equipment [Axis] Motor vehicles [Member]
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
6.91
loss
6.91
equipment
0 0
equipment
0 0
3.53 0 6.91
plant and equipment
44.27 40.74 40.74 13.24
period
118
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
6.01 -6.91 -6.01
loss
6.01 -6.91 -6.01
equipment
0 0 0
equipment
0 0 0
6.01 -3.38 -6.01
plant and equipment
6.33 0.32 31.03 34.41
period
[Axis] [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
0 0
equipment
0 0
3.53 0
plant and equipment
40.42 44.27 40.74 40.74
period
119
Office equipment
[Member]
Owned and leased
assets [Member]
[Axis] [Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
(A) 6.91 (B) 6.01 -21.33
loss
6.91 6.01 -21.33
equipment
0 0
equipment
0 0
6.91 6.01 -20.94
plant and equipment
13.24 6.33 0.32 35.62
period
(A) Charge during the year : 6.91 Impairment : 0

(B) Depreciation value is adjusted from (0.64) : 6.01
120
Classes of property, plant and equipment [Axis] Office equipment [Member]
amount [Axis]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
-16.53
loss
-16.53
equipment
0 0 0
equipment
0 0 0
-14.01 0.39 2.52
plant and equipment
56.56 70.57 98.64 98.25
period
121
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
21.33 16.53
loss
21.33 16.53
equipment
0
equipment
0
21.33 16.53
plant and equipment
95.73 63.02 41.69 25.16
period
122
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
-21.33 -16.53
loss
-21.33 -16.53
equipment
0 0 0
equipment
0 0 0
-20.94 -14.01 0.39
plant and equipment
35.62 56.56 70.57 98.64
period
123
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
(A) 21.33 16.53
loss
21.33 16.53
equipment
0 0
equipment
0 0
2.52 21.33 16.53
plant and equipment
98.25 95.73 63.02 41.69
period
124
Office equipment
[Member]
Owned assets
[Member]
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
-8.12 -12.44
loss
-8.12 -12.44
equipment
0 0.27
equipment
0 0.27
-7.94 -11.15
plant and equipment
25.16 19.02 26.96 38.11
period
125
Accumulated
[Axis] impairment
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
[Abstract]
equipment
8.12
loss
8.12
equipment
0 5.4 0
equipment
0 5.4 0
0.18 -3.84 8.12
plant and equipment
53.36 53.18 57.02 34.34
period
126
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
[Abstract]
equipment
12.44 -8.12 -12.44
loss
12.44 -8.12 -12.44
equipment
5.13 0 0.27
equipment
5.13 0 0.27
7.31 -7.94 -11.15
plant and equipment
26.22 18.91 19.02 26.96
period
[Axis] [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
[Abstract]
equipment
0 5.4
equipment
0 5.4
0.18 -3.84
plant and equipment
38.11 53.36 53.18 57.02
period
127
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
01/04/2019 01/04/2018
to to 31/03/2018
31/03/2020 31/03/2019
Disclosure of detailed information about property, plant and equipment
[Abstract]
Disclosure of detailed information about property, plant and
equipment [Line items]
Reconciliation of changes in property, plant and equipment
[Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss (A) 8.12 12.44
Total Depreciation property plant and equipment 8.12 12.44
Disposals and retirements, property, plant and equipment
[Abstract]
Disposals, property, plant and equipment 0 5.13
Total disposals and retirements, property, plant and
0 5.13
equipment
Total increase (decrease) in property, plant and equipment 8.12 7.31
Property, plant and equipment at end of period 34.34 26.22 18.91
(A) Charge during the year : 8.12 Impairment : 0

01/04/2019
to
31/03/2020
Disclosure of property, plant and equipment [TextBlock] [See below]
Disclosure of detailed information about property, plant and equipment
[TextBlock]
128
Disclosure of property, plant and equipment [Text Block]

Note 3: Property, plant and equipment
Freehold Plant & Furniture and Office

Particulars Building Computers Vehicles Total
land Machinery fixtures equipment
At April 01, 2018 1,923.77 5,124.41 900.53 57.02 1,065.14 95.72 9,207.34
40.74
Additions - 28.41 - 1.56 35.54 0 2.51923 68.03
Deletion - - - - - 0 0 -
Disposals/written off - - - 5.40 - 0 0 5.40
At March 31, 2019 1,923.77 5,152.82 900.53 53.18 1,100.68 40.74 98.25 9,269.97
Additions - - 3.49 0.18 3.10 3.53 0.39 10.69
Disposals/ written
- - - - - - - -
off
At March 31, 2020 1,923.77 5,152.82 904.02 53.36 1,103.78 44.27 98.64 9,280.66
Depreciation
At April 01, 2018 - 65.25 52.27 18.91 81.38 (0.32) 25.16 242.65
Charge for the year - 81.89 57.03 12.44 103.08 6.65 16.53 277.62
Disposals/ written
- - - 5.13 - - - 5.13
off
At March 31, 2019 - 147.14 109.30 26.22 184.46 6.33 41.69 515.14
Charge for the year - 81.28 57.13 8.12 106.23 6.91 19.81 279.48
Disposals/ written
- - - - - - - -
off
Impairment * - 3,871.94 588.79 - 537.75 - 1.52 5,000.00
Reversal of
- - - - - - - -
impairment
At March 31, 2020 - 4,100.36 755.22 34.34 828.44 13.24 63.02 5,794.62
Net block
At March 31, 2019 1,923.77 5,005.68 791.23 26.96 916.22 34.41 56.56 8,754.83
At March 31, 2020 1,923.77 1,052.46 148.80 19.02 275.34 31.03 35.62 3,486.04
* Note on Impairment of assets : The Company has a PPE as at March 31, 2020 with carrying value of INR 8,486.04 Lakhs (before impairment)
where management has performed an impairment review. The company has recognised an impairment loss of INR 5,000 Lakhs (Previous year
129
2018-19: Nil) relating to the Club House assets. Club house is a separate cash generating units (CGUs). The recoverable amounts of this CGUs
are determined using value-in-use (discounted cash flow) models that incorporated cash flow projections based on financial forecasts.
Management had determined the forecasted cash flows based on past performance and its current expectations of market development. These cash
flows are discounted at the rate of 14% p.a.
[612100] Notes - Impairment of assets

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of impairment of assets [TextBlock]
Disclosure of impairment loss and reversal of impairment loss [TextBlock]
Whether there is any impairment loss or reversal of impairment loss
No No
during the year
Disclosure of information for impairment loss recognised or reversed
for individual Assets or cash-generating unit [TextBlock]
Whether impairment loss recognised or reversed for individual Assets
No No
or cash-generating unit
[400700] Notes - Investment property

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of investment property [TextBlock]
Depreciation method, investment property, cost model [See below]
WDV
Useful lives or depreciation rates, investment property, cost model 0 0
Depreciation method, investment property, cost model

WDV
130
[400900] Notes - Other intangible assets
Disclosure of detailed information about other intangible assets [Table] ..(1)

Classes of other intangible assets [Axis] Company other intangible assets [Member]
Internally generated and other than internally generated intangible assets
Sub classes of other intangible assets [Axis]
[Member]
Carrying amount accumulated amortization and impairment and gross
carrying amount [Axis]
01/04/2019 01/04/2018
31/03/2020 31/03/2019 to to
31/03/2020 31/03/2019
Disclosure of detailed information about other
intangible assets [Abstract]
intangible assets [Line items]
Reconciliation of changes in other intangible
assets [Abstract]
Changes in Other intangible assets [Abstract]
0 0
combinations
Disposals and retirements, other
Disposals 0 15.89
Total Disposals and retirements,
0 15.89
Other intangible assets
Total increase (decrease) in Other
0 -15.89
intangible assets
Other intangible assets at end of period 8.43 14.42 22.49 22.49

Classes of other intangible assets [Axis] Company other intangible assets [Member]
[Member]
Carrying amount accumulated amortization and impairment and gross Gross carrying
Accumulated amortization and impairment [Member]
carrying amount [Axis] amount [Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
assets [Abstract]
Amortisation other intangible assets 5.99 13.83
Disposals 0 11.45
0 11.45
5.99 2.38
intangible assets
131

Classes of other intangible assets [Axis] Computer software [Member]
[Member]
Carrying amount accumulated amortization and impairment and gross Gross carrying
carrying amount [Axis] amount [Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
assets [Abstract]
0 0 0
combinations
Amortisation other intangible assets -5.99 -13.83
Disposals 0 4.44 0
0 4.44 0
-5.99 -18.27 0
intangible assets

[Member]
Carrying amount accumulated amortization and impairment and gross Accumulated amortization and
carrying amount [Axis] impairment [Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
assets [Abstract]
0
combinations
Amortisation other intangible assets 5.99 13.83
Disposals 15.89 0 11.45
15.89 0 11.45
-15.89 5.99 2.38
intangible assets
132

Internally
generated and
other than
Sub classes of other intangible assets [Axis] internally Intangible assets other than internally generated [Member]
generated
intangible assets
[Member]
Accumulated
Carrying amount accumulated amortization and impairment and gross amortization and
carrying amount [Axis] impairment
[Member]
01/04/2019 01/04/2018
31/03/2018 to to 31/03/2018
31/03/2020 31/03/2019
assets [Abstract]
0 0
combinations
Amortisation other intangible assets -5.99 -13.83
Disposals 0 4.44
0 4.44
-5.99 -18.27
intangible assets

Sub classes of other intangible assets [Axis] Intangible assets other than internally generated [Member]
Accumulated
Carrying amount accumulated amortization and impairment and gross amortization and
carrying amount [Axis] impairment
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
assets [Abstract]
0 0
combinations
Amortisation other intangible assets 5.99
Disposals 0 15.89 0
0 15.89 0
0 -15.89 5.99
intangible assets
133

Intangible assets other than internally
generated [Member]
Accumulated amortization and
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis]
impairment [Member]
01/04/2018
to 31/03/2018
31/03/2019
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Amortisation other intangible assets 13.83
Disposals and retirements, other intangible assets [Abstract]
Disposals 11.45
Total Disposals and retirements, Other intangible assets 11.45
Total increase (decrease) in Other intangible assets 2.38
Other intangible assets at end of period 8.07 5.69
Disclosure of additional information about other intangible assets [Table] ..(1)

Internally generated and other than
Intangible assets other than internally
Sub classes of other intangible assets [Axis] internally generated intangible assets
generated [Member]
[Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Disclosure of additional information about other
other intangible assets [Line items]
Refer to child Straight Line
Amortisation method, other intangible assets member
Method
Straight Line Method
Useful lives or amortisation rates, other Refer to child

intangible assets member
Whether other intangible assets are stated at
No No No No
revalued amount

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of other intangible assets [TextBlock] [See below]
Disclosure of detailed information about other intangible assets
[TextBlock]
Disclosure of intangible assets with indefinite useful life [TextBlock]
Whether there are intangible assets with indefinite useful life No No
134
Disclosure of other intangible assets [Text Block]
Note 4: Intangible assets
Particulars As at March 31, 2020 As at March 31, 2019
Computer software 8.43 14.42
Total 8.43 14.42
[401000] Notes - Biological assets other than bearer plants

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of biological assets, agriculture produce at point of
harvest and government grants related to biological assets
[TextBlock]
Depreciation method, biological assets other than bearer plants, at cost WDV WDV
Useful lives or depreciation rates, biological assets other than bearer
0 0
plants, at cost
[611100] Notes - Financial instruments
Disclosure of financial assets [Table] ..(1)

Financial assets at amortised cost, class
Classes of financial assets [Axis] Trade receivables [Member]
[Member]
Categories of financial assets [Axis] Financial assets, category [Member] Financial assets, category [Member]
01/04/2019 01/04/2018
to to 31/03/2020 31/03/2019
31/03/2020 31/03/2019
Disclosure of financial assets [Abstract]
Disclosure of financial assets [Line items]
Financial assets 451.34 170.05 127.58 69.5
Financial assets, at fair value 451.34 170.05 127.58 69.5
Description of other financial assets at Refer to child
amortised cost class member
Description of other financial assets at fair Refer to child
value class member
135

Other financial assets at amortised cost
Classes of financial assets [Axis] Trade receivables [Member]
class [Member]
Financial assets at amortised cost,
Categories of financial assets [Axis] Financial assets, category [Member]
category [Member]
01/04/2019 01/04/2018
31/03/2020 31/03/2019 to to
31/03/2020 31/03/2019
value class member

Classes of financial assets [Axis] Other financial assets at amortised cost class 1 [Member]
category [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Description of other financial assets at Refer to child Cash and Cash Cash and Cash
amortised cost class member Equivalents Equivalents
Description of other financial assets at fair Refer to child Cash and Cash Cash and Cash
value class member Equivalents Equivalents

category [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Refer to child member Loans Loans
Refer to child member Loans Loans
value class member
136

category [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Description of other financial assets at Refer to child Other Financial Other Financial
amortised cost class member Assets Assets
Description of other financial assets at fair Refer to child Other Financial Other Financial
value class member Assets Assets

Financial assets at fair value, class
Classes of financial assets [Axis] Equity investments [Member]
[Member]
Categories of financial assets [Axis] Financial assets, category [Member] Financial assets, category [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Financial assets 0 143.09 0 143.09
Financial assets, at fair value 0 143.09 0 143.09

Classes of financial assets [Axis] Equity investments [Member]
Financial assets at fair value through
Financial assets at fair value through
Categories of financial assets [Axis] profit or loss, mandatorily measured at
profit or loss, category [Member]
fair value, category [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Financial assets 0 143.09 0 143.09
Financial assets, at fair value 0 143.09 0 143.09
Disclosure of financial liabilities [Table] ..(1)

Classes of financial liabilities [Axis] Financial liabilities at amortised cost, class [Member]
Financial liabilities at amortised cost,
Categories of financial liabilities [Axis] Financial liabilities, category [Member]
category [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Disclosure of financial liabilities [Abstract]
Disclosure of financial liabilities [Line items]
Financial liabilities 24,313.83 24,556.16 (A) 24,313.83 (B) 24,556.16
Financial liabilities, at fair value 0 0 0 0
Footnotes
(A) Borrowing-Non Current : 15531.17 Other Financial Liabilities-Non Current : 375.25 Borrowing-Current : 225 Trade
Payables-Current : 233.85 Other Financial Liabilities-Current : 7948.56
(B) Borrowing-Non Current : 20496.04 Other Financial Liabilities-Non Current : 168.38 Borrowing-Current : 238.56 Trade
Payable-Current : 193.83 Other Financial Liabilities-Current : 3459.35
137

Classes of financial liabilities [Axis] Financial liabilities at fair value, class [Member]
Financial liabilities at fair value through
Categories of financial liabilities [Axis] Financial liabilities, category [Member]
profit or loss, category [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Financial liabilities 0 143.09 0 143.09
Financial liabilities, at fair value 0 0 0 0

Financial liabilities at fair value, class
Classes of financial liabilities [Axis]
[Member]
Financial liabilities at fair value through
profit or loss, designated upon initial
Categories of financial liabilities [Axis]
recognition or subsequently, category
[Member]
31/03/2020 31/03/2019
Financial liabilities 0 (A) 143.09
Financial liabilities, at fair value 0 0
Footnotes
(A) Investment : 143.09
01/04/2019
to
31/03/2020
Disclosure of financial instruments [TextBlock] [See below]
Disclosure of financial assets [TextBlock]
Disclosure of financial liabilities [TextBlock]
Disclosure of credit risk [TextBlock]
Disclosure of reconciliation of changes in loss allowance and
explanation of changes in gross carrying amount for financial
instruments [TextBlock]
Disclosure of reconciliation of changes in loss allowance
and explanation of changes in gross carrying amount for
financial instruments [Abstract]
Disclosure of credit risk exposure [TextBlock]
Disclosure of credit risk exposure [Abstract]
Disclosure of provision matrix [TextBlock]
Disclosure of provision matrix [Abstract]
Disclosure of financial instruments by type of interest rate [TextBlock]
Disclosure of financial instruments by type of interest rate [Abstract]
138
Disclosure of financial instruments [Text Block]

Note 33: Disclosures in respect of Ind AS 107 - Financial Instruments
33.1 Financial Instruments by Categories
Fair value of cash and short-term deposits, loans/deposits in nature perpetual, trade and other short term receivables, trade payable, other current
liabilities, short term loans from banks and other financial institution approximate are their carrying amount largely due to short term maturities of
these instruments.
The carrying value and fair value of financial instruments by categories were as follows:
(Amount in Lakhs as on March 31, 2020)
Amortized Financial assets/ liabilities Financial assets/liabilities at fair value Total carrying Total fair
Particulars
cost at FVTPL through OCI value value
Financial Assets:
Current assets
- Trade receivables 127.58 - - 127.58 127.58
- Cash and cash

323.32 - - 323.32 323.32
equivalents
- Loans 0.12 - - 0.12 0.12
- Other Financial
0.32 - - 0.32 0.32
Assets
Financial Liabilities:
Non- current
liabilities
- Borrowings 15,531.17 - - 15,531.17 15,531.17
- Other financial
375.25 - - 375.25 375.25
liabilities
Current liabilities
- Borrowings 225.00 - - 225.00 225.00
- Trade payables 233.85 - - 233.85 233.85
- Other financial
7,948.56 - - 7,948.56 7,948.56
liabilities
(Amount in Lakhs as of March 31, 2019)
Amortized Financial assets/ liabilities Financial assets/liabilities at fair value Total carrying Total fair
Particulars
cost at FVTPL through OCI value value
Financial Assets:
Non-current assets
- Investments - 143.09 - 143.09 143.09
139
- Trade receivables 69.50 - - 69.50 69.50
- Cash and cash

99.42 - - 99.42 99.42
equivalents
- Loans 0.51 - - 0.51 0.51
- Other Financial
0.62 - - 0.62 0.62
Assets
Financial Liabilities:
Non- current
liabilities
- Borrowings 20,496.04 - - 20,496.04 20,496.04
- Other financial
168.38 - - 168.38 168.38
liabilities
Current liabilities
- Borrowings 238.56 - - 238.56 238.56
- Trade payables 193.83 - - 193.83 193.83
- Other financial
3,459.35 - - 3,459.35 3,459.35
liabilities
33.2 Fair Value Hierarchy

Level 1 - Level 1 hierarchy includes financial instruments measured using quoted prices (unadjusted) in active markets.
Level 2 - Level 2 hierarchy includes financial instruments measured using inputs other than quoted prices included within Level 1 that are
observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).
Level 3 - Level 3 hierarchy includes financial instruments measured using inputs that are not based on observable market data (unobservable
inputs).
The following table present fair value hierarchy of assets and liabilities measured at fair value
Level Level Level Valuation Technique and key Significant unobservable

Particulars Total
1 2 3 inputs inputs
Financial liabilities at fair

values: 143.09 - - 143.09 NAV of mutual funds
Investment in Mutual funds
Total 143.09 - - 143.09
33.3 Financial risk management

Financial risk factors
The Company's activities expose it to a variety of financial risks: market risk, credit risk and liquidity risk. The Company's primary focus is to
foresee the unpredictability of financial markets and seek to minimize potential adverse effects on its financial performance.
Risk Exposure arising from Measurement Managament
Market risk- Long term borrowings at variable Sensitivity Company has obtained borrowings at competetive interest
Interest rate rate of interest analysis rate from bank.
Ageing
Cash and cash equivalent, trade Company has evaluated and classified its receivables as
Credit risk analysis
receivables, financial instruments. unsecured but considered goods on case to case basis.
Credit rating
Rolling cash Company has efficient cash management system to meet its
140
Liquidity risk Borrowings and other liabilities flow forecasts liquidity risk
a) Market Risk
Interest rate risk
The companys main interest rate risk arised from long term borrowings with variable rates, which expose the company to cash flow interest rate
risk. During March 31, 2020 and March 31, 2019, Companys borrowings are denominated in INR currency.
The exposure of company's borrowings to interest rate changes at the end of reporting period are as follows:
(Amount in Lakhs)
Particulars 31-Mar-20 31-Mar-19
Variable rate borrowings 19,065.10 21,443.89
Fixed rate borrowings - -
Total borrowings 19,065.10 21,443.89
Sensitivity
Profit or loss is sensitive to higher/lower expense from borrowings as a result of change in interest rates. The table summarises the impact of
increase/decrease in interest rates on Profit or loss.
(Amount in Lakhs)
Particulars Impact on profit before tax
31-Mar-20 31-Mar-19
Interest rates- increase by 50 Bsc Pts 105.95 113.17
Interest rates- decrease by 50 Bsc Pts (105.95) (113.17)
b) Credit Risk
Credit risk refers to the risk of default on its obligation by the counterparty resulting in a financial loss. The maximum exposure to the credit risk
at the reporting date is primarily from trade receivables. Accordingly, credit risk from trade receivables has been separately evaluated from all
other financial assets in the following paragraphs.
Trade Receivables
The company has outstanding trade receivables amounting to INR 127.58 lakhs (as at March 31, 2020) and INR 69.50 lakhs (as at March 31,
2019) . Trade receivables are typically unsecured and are derived from revenue earned from customers.
Credit risk exposure
An analysis of age of trade receivables at each reporting date is summarized as follows:
(Amount in Lakhs)
Particulars 31-Mar-20 31-Mar-19
Gross Amount Impairment Gross Amount Impairment
Not past due - - - -
Past due less than six months 73.70 - 48.02 -
Past due more than six months but not more than one year 24.58 - 12.52 -
Past due more than one year but not more than three year 29.30 - 8.96 -
More than three year - - - -
Total 127.58 - 69.50 -
Trade receivables are impaired when recoverability is considered doubtful based on the recovery analysis performed by the company for
individual trade receivables. The company considers that all the above financial assets that are not impaired and past due for each reporting dates
under review are of good credit quality.
141
The company does not hold any collateral or other enhancements to cover its credit risks associated with its financial assets.
Other financial assets
Credit risk relating to cash and cash equivalents is considered negligible because our counterparties are banks. We consider the credit quality of
term deposits with such banks that are majority owned by the Government of India and subject to the regulatory oversight of the Reserve Bank of
India to be good, and we review these banking relationships on an ongoing basis. There are no impairment provisions as at each reporting date
against these financial assets. We consider all the above financial assets as at the reporting dates to be of good credit quality.
c) Liquidity Risk
The company's principal sources of liquidity are cash and cash equivalents, cash generated from operations.
We manage our liquidity needs by continuously monitoring cash inflows and by maintaining adequate cash and cash equivalents. Net cash
requirements are compared with available cash and cash equivalent to determine any shortfall of cash liquidity.
Short term liquidity requirements consists mainly of sundry creditors, expense payable, other payable arising during the normal course of business
as of each reporting date. We maintain a sufficient balance in cash and cash equivalents to meet our short term operational liquidity requirements.
We assess long term liquidity requirements on a periodical basis and manage them through internal accruals and support from holding company
and ultimate holding company.
The table below provides details regarding the contractual maturities of non-derivative financial liabilities. The table have been drawn up based
on the undisclosed cash flows of financial liabilities based on the earliest date on which the company can be required to pay. The table includes
142
both principal & interest cash flows. The amount are gross and undiscounted and include contractual interest payment and exclude impact of
netting agreement.
(Amount in Lakhs as on March 31, 2020)
Less than 6 months More than

Particulars 1-3 years 3-5 years Total
6 months to 1 year 5 years
ABFL and BFL loan* 668.29 2,496.00 9,984.00 3,744.00 - 16,892.29
Short term borrowing from ABFL 225.00 - - - - 225.00
Max India Limited (incl Interest) - - - 2,323.06 2,323.06
Trade and other payable 234.17 - - - - 234.17
Capital Creditors 44.63 - - - - 44.63
Security deposits received** - 3,591.66 - - - 3,591.66
Refundable to customers 1,147.68 1,147.68
Statutory dues 69.15 - - - - 69.15
Deposit against asset replacement 98.36 - - - - 98.36
Total 2,487.27 10,636.79 9,984.00 6,067.06 - 29,175.12
*The above figures ar shown at their original carrying amount excluding Ind AS Adjustent.
**Deposits are against leased appartments.
Particulars Less than 6 months 6 months to 1 year 1-3 years 3-5 years More than 5 years Total
ABFL loan 0.01 551.51 9,984.00 8,736.00 - 19,271.52
Short term borrowing from ABFL 238.56 - - - - 238.56
Max India Limited (incl Interest) - - - 1,051.10 1,051.10 2,102.19
Trade and other payable 193.83 - - - - 193.83
Capital Creditors 49.73 - - - - 49.73
Security deposits received* - 2,858.10 - - - 2,858.10
Statutory dues 41.20 - - - - 41.20
Total 523.33 9,935.81 9,984.00 9,787.10 1,051.10 31,281.33
Capital Management
A. Risk Management:
The Companys objectives when managing capital are to:
1. Safeguard their ability to continue as a going concern, so that they can continue to provide returns for shareholders and benefits to other
stakeholders, and
2. Maintain an optimal capital structure to reduce the cost of capital.
The company monitors capital using gearing ratio, which is net debt divided by total capital plus debt.
Net Debt 19,065.10 21,443.89
143
Share holder fund 2,457.82 6,307.46
Capital and Debt 21,522.92 27,751.36
Gearing Ratio 89% 77%
[400500] Notes - Current investments
Details of current investments [Table] ..(1)

Classification of current investments [Axis] 1
01/04/2018
to
31/03/2019
Current investments [Abstract]
Disclosure of details of current investments [Abstract]
Details of current investments [Line items]
Investments in
Type of current investments mutual funds
Class of current investments Current investments
Nature of current investments Mutual Fund
Current investments 143.09
Basis of valuation of current investments at cost
Axis Liquid Fund-
Name of body corporate in whom investment has been made Direct Growth
Details of whether such body corporate is subsidiary, associate, joint venture or controlled
NA
special purpose entity
Number of shares of current investment made in body corporate [shares] 0
Details of current investments made in body corporate which are partly paid 0
Details of current investment made in partnership firms [Abstract]
Details of current investment made in partnership firms explanatory [TextBlock] 0
Name of partnership firm where current investment is made NA
Names of all partners in partnership firm NA
Details of capital of partnership firm [Abstract]
Total capital of partnership firm 0
Date to which capital of partnership firm relates 31/03/2019
Details of share of each partner in capital of partnership firm 0
Details of share of each partner in profits of partnership firm 0

01/04/2019
to 31/03/2019
31/03/2020
Disclosure of notes on current investments explanatory [TextBlock] [See below]
Aggregate amount of quoted current investments 0 0
Aggregate amount of unquoted current investments 0 143.09
Aggregate provision for diminution in value of current investments 0 0
144
Disclosure of notes on current investments explanatory [Text Block]
Note 7: Current Investments
Unquoted mutual funds
Axis Liquid fund - Direct growth - 143.09
Total - 143.09
[611600] Notes - Non-current asset held for sale and discontinued operations
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of non-current assets held for sale and discontinued operations
[TextBlock]
Net cash flows from (used in) operating activities, continuing
872.19 2,019.15
operations
Net cash flows from (used in) operating activities 872.19 2,019.15
Net cash flows from (used in) investing activities, continuing
150.88 -1,036.73
operations
Net cash flows from (used in) investing activities 150.88 -1,036.73
Net cash flows from (used in) financing activities, continuing
-799.17 -1,362.45
operations
Net cash flows from (used in) financing activities -799.17 -1,362.45
145
[400100] Notes - Equity share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Name of shareholder [Axis] Name of shareholder [Member] Shareholder 1 [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Type of share Equity Shares Equity Shares Equity Shares Equity Shares
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share Equity Shares Equity Shares Equity Shares Equity Shares
Refer to child Refer to child ANTARA SENIOR ANTARA SENIOR
Name of shareholder member member LIVING LIMITED LIVING LIMITED
CIN of shareholder U74140DL2011PLC218781 U74140DL2011PLC218781
Permanent account number of shareholder AAJCA4540R AAJCA4540R
Country of incorporation or residence of
INDIA INDIA
shareholder
[shares] [shares]
Number of shares held in company 29,84,97,089 25,88,27,089
[shares] 29,84,97,089 [shares] 25,88,27,089
Percentage of shareholding in company 100.00% 100.00% 100.00% 100.00%
146
Disclosure of classes of equity share capital [Table] ..(1)

Equity shares 1
Classes of equity share capital [Axis] Equity shares [Member]
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
Disclosure of classes of equity share capital [Abstract]
Disclosure of classes of equity share capital [Line
items]
Type of share Equity Shares
[shares] [shares] [shares]
Number of shares authorised 31,10,00,000 27,50,00,000 31,10,00,000
Value of shares authorised 31,100 27,500 31,100
Number of shares issued 29,84,97,089 25,99,97,089 29,84,97,089
Value of shares issued 29,849.71 25,999.71 29,849.71
Number of shares subscribed and fully paid 29,84,97,089 25,88,27,089 29,84,97,089
Value of shares subscribed and fully paid 29,849.71 25,882.71 29,849.71
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0
Total number of shares subscribed 29,84,97,089 25,88,27,089 29,84,97,089
Total value of shares subscribed 29,849.71 25,882.71 29,849.71
Value of shares paid-up [Abstract]
Number of shares paid-up 29,84,97,089 25,88,27,089 29,84,97,089
Value of shares called 29,849.71 25,882.71 29,849.71
Value of shares paid-up 29,849.71 25,882.71 29,849.71
Par value per share [INR/shares] 10
Amount per share called in case shares not fully
[INR/shares] 0
called
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued as rights [shares] 3,96,70,000 [shares] 1,74,00,000 [shares] 3,96,70,000
Total aggregate number of shares issued
[shares] 3,96,70,000 [shares] 1,74,00,000 [shares] 3,96,70,000
during period
Total increase (decrease) in number of
[shares] 3,96,70,000 [shares] 1,74,00,000 [shares] 3,96,70,000
shares outstanding
Number of shares outstanding at end of period 29,84,97,089 25,88,27,089
[shares] 24,14,27,089
29,84,97,089
Reconciliation of value of shares outstanding
[Abstract]
Changes in equity share capital [Abstract]
Increase in equity share capital during
period [Abstract]
Amount of rights issue during period 3,967 1,740 3,967
Total aggregate amount of increase
3,967 1,740 3,967
in equity share capital during period
Total increase (decrease) in share capital 3,967 1,740 3,967
Equity share capital at end of period 29,849.71 25,882.71 24,142.71 29,849.71
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company 29,84,97,089 25,88,27,089 29,84,97,089
Total shares in company held by holding company
or ultimate holding company or by its 29,84,97,089 25,88,27,089 29,84,97,089
subsidiaries or associates
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
147
Application money received for allotment of

securities and due for refund and interest
accrued thereon [Abstract]
Total application money received for
allotment of securities and due for refund 0 0 0
and interest accrued thereon
Disclosure of classes of equity share capital [Table] ..(2)

01/04/2018
to 31/03/2018
31/03/2019
Disclosure of classes of equity share capital [Abstract]
Disclosure of classes of equity share capital [Line items]
[shares]
Number of shares authorised 27,50,00,000
Value of shares authorised 27,500
[shares]
Number of shares issued 25,99,97,089
Value of shares issued 25,999.71
[shares]
Number of shares subscribed and fully paid 25,88,27,089
Value of shares subscribed and fully paid 25,882.71
Number of shares subscribed but not fully paid [shares] 0
Value of shares subscribed but not fully paid 0
[shares]
Total number of shares subscribed 25,88,27,089
Total value of shares subscribed 25,882.71
Value of shares paid-up [Abstract]
[shares]
Number of shares paid-up 25,88,27,089
Value of shares called 25,882.71
Value of shares paid-up 25,882.71
Par value per share [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued as rights [shares] 1,74,00,000
Total aggregate number of shares issued during period [shares] 1,74,00,000
Total increase (decrease) in number of shares outstanding [shares] 1,74,00,000
[shares]
Number of shares outstanding at end of period 25,88,27,089
[shares] 24,14,27,089
Reconciliation of value of shares outstanding [Abstract]

Changes in equity share capital [Abstract]
Increase in equity share capital during period [Abstract]
Amount of rights issue during period 1,740
Total aggregate amount of increase in equity share capital during period 1,740
Total increase (decrease) in share capital 1,740
Equity share capital at end of period 25,882.71 24,142.71
Shares in company held by holding company or ultimate holding company or by its
subsidiaries or associates [Abstract]
[shares]
Shares in company held by holding company 25,88,27,089
Total shares in company held by holding company or ultimate holding company [shares]
or by its subsidiaries or associates 25,88,27,089
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Total application money received for allotment of securities and due for
0
refund and interest accrued thereon
148

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of notes on equity share capital explanatory [TextBlock] [See below]
Whether there are any shareholders holding more than five per cent
Yes Yes
shares in company
Whether reduction in capital done during year No
Whether money raised from public offering during year No No
149
Disclosure of notes on equity share capital explanatory [Text Block]
Note 14: Share capital
As at March 31, As at 31 March,

Particulars
2020 2019
Amount
Number of shares Amount INR/lacs Number of shares
INR/lacs
(a) Authorised
Equity share capital

31,10,00,000 31,100.00 27,50,00,000 27,500.00
Equity shares of INR 10 (Previous year INR 10)

each with voting rights
(b) Issued and Subscribed

29,84,97,089 29,849.71 25,99,97,089 25,999.71
(c) Subscribed and fully paid up
Equity share capital
Equity shares of INR 10 (Previous year INR 10)

each with voting rights 29,84,97,089 29,849.71 25,88,27,089 25,882.709
Total
29,849.71 25,882.71
Refer Notes (i) to (iv) below

(i) The Company has one class of equity shares having a par value of INR 10 each. Each holder of equity shares is entitled to one vote
per share. In the event of liquidation of the Company, holder of equity shares will be entitled to receive remaining assets of the Company after
distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.
(ii) Details of shares held by each shareholder holding more than 5% shares:
As at 31 March,
Class of shares / Name of shareholder As at March 31, 2020
2019
% Number of shares %
Number of shares held
holding held holding
Equity shares with voting rights of INR 10 each
Antara Senior Living Limited and its nominees ('Holding

100.00 25,88,27,089 100.00
Company') 29,84,97,089
(iii) Reconciliation of the number of shares and amount outstanding at the beginning and at the end of the reporting period:
Opening Shares Closing

Particulars
balance issued balance
150
Equity shares with voting rights of Rs. 10

each
For the year ended 31 March, 2020
- Number of shares 25,88,27,089 3,96,70,000 29,84,97,089
- Amount (INR/lacs)
25,882.71 3,967.00 29,849.71
For the year ended 31 March, 2019
- Number of shares 24,14,27,089 1,74,00,000 25,88,27,089
- Amount (INR/lacs)
24,142.71 1,740.00 25,882.71
(iv) Details of shares application money received pending allotment through Antara Senior Living, the holding company:
Amount INR/lacs
Particulars As at 31 March, 2020 As at 31 March, 2019
Share application money pending for allotment - 117.00
Note 15: Other Equity
Particular Amount
a) Retained earnings
At 1 April 2018 (16,805.80)
Changes during the year (2,886.45)
At 31 March 2019 (i) (19,692.25)
Changes during the year (7,699.64)
At 31 March 2020 (ii) (27,391.89)
b) Share application money pending for allotment
At 1 April 2018
Addition/adjustment during the year 117.00
At 31 March 2019 (iii) 117.00
Addition/adjustment during the year (117.00)
At 31 March 2020 (iv) -
Total (i) + (iii) (19,575.25)
151
Total (ii) + (iv) (27,391.89)
[400300] Notes - Borrowings
Classification of borrowings [Table] ..(1)

Classification based on current non-current [Axis] Non-current [Member]
Classification of borrowings [Axis] Borrowings [Member]
Secured/Unsecured borrowings
Subclassification of borrowings [Axis] Secured borrowings [Member]
[Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [Line items]
Borrowings 15,531.17 20,496.04 13,583.36 18,562.23

Classification of borrowings [Axis] Borrowings [Member] Term loans [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Secured borrowings [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Borrowings 1,947.81 1,933.81 13,583.36 18,562.23

Classification of borrowings [Axis] Term loans from banks [Member] Rupee term loans from banks [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Secured borrowings [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Borrowings 13,583.36 18,562.23 13,583.36 18,562.23

Loans and advances from related parties Loans and advances from others
Classification of borrowings [Axis]
[Member] [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Borrowings 1,947.81 1,933.81 1,947.81 1,933.81
152

Classification based on current non-current [Axis] Current [Member]
Classification of borrowings [Axis] Borrowings [Member]
Secured/Unsecured borrowings
[Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Borrowings 225 238.56 225 238.56

Classification of borrowings [Axis] Term loans [Member] Term loans from banks [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Secured borrowings [Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Borrowings 225 238.56 225 238.56

Classification of borrowings [Axis] Rupee term loans from banks [Member]
31/03/2020 31/03/2019
Borrowings 225 238.56
[612700] Notes - Income taxes

01/04/2019
to
31/03/2020
Disclosure of income tax [TextBlock] [See below]
153
Disclosure of income tax [Text Block]

Note 43. Income Tax
The major components of income tax expense for the years ended are March 31, 2020 and March 31, 2019 are:
(a) Statement of profit and loss:
(i) Profit or loss section
Particulars
2020 2019
Current income tax charge - -
Deferred tax (net):
Relating to origination and reversal of temporary

- -
differences
Income tax expense reported in the statement of profit or

- -
loss
(ii) OCI section

Deferred tax related to items recognised in OCI during in the year:
Particulars
2020 2019
Net loss/(gain) on remeasurements of defined benefit

- -
plans
Income tax charged to OCI - -
(b) Reconciliation of tax expense and the accounting profit multiplied by India’s domestic tax rate for the year ended March 31, 2020 and March
31, 2019:
March 31, March 31,

Particulars
2020 2019
Accounting profit before income tax (7,733.71) (2,894.44)
At India’s statutory income tax rate 26.00% 26.00%
Computed Tax Expense (2,010.76) (752.55)
Adjustments:
Income not allowable for tax purpose (allowable on payment basis, capital nature ,provisions ,
1,357.45 307.36
Indas impact)
Unabsorbed losses of current year 653.32 851.28
Effective tax rate for unrecognised tax expense 0% 0%
A deferred tax asset shall be recognised for all deductible temporary differences to the extent that it is probable that taxable profit will be
available against which the deductible temporary difference can be utilised. In the absense of probability of future taxable profit we have
recognised deferred tax assets to the extent of deferred tax liability. Deferred tax liability is arisen on timing difference in the respective years.
(c ) Deferred tax asset/ liability:
154
Particulars Balance Sheet
As at March 31, 2020 As at March 31, 2019
Deferred tax asset
Unabsorbed losses of previous period (incl adjustment of prev year) 2,974.09 2,527.69
Current year losses 653.32 851.28
PPE 706.22 -
Inventory - 2,358.66
Expenses allowable on payment basis 17.88 9.64
Total 4,351.52 5,747.28
Deferred tax liability
Mutual fund - 0.37
PPE - 1,481.02
Deferment of Capital Gain - 1,553.05
Total - 3,034.44
Unrecognised net deferred tax assets at the year end 4,351.52 2,712.84
Unrecognised net deferred tax assets of current year 1,638.68 445.19
The Company had unabsorbed tax losses as at the end of previous year. In view of absence of virtual certainity of realisation of carry forward tax
losses in the forseeable future, deferred tax asset has been recognised to the extent of deferred tax liabilities at the end of current year and
previous year. The break up of deferred asset and deferred tax liability into major componenets is stated above.
(d) Statement of profit and loss
Particulars Statement of profit and loss
For the year ended March 31, 2020 For the year ended March 31, 2019
Deferred tax asset
Unabsorbed losses - 285.42
- 285.42
Deferred tax liability
Mutual fund - -0.37
Depreciation - 8.01
Deferment of Capital Gain - 277.78
- 285.42
Net deferred tax expenses for the current year - -
155
(e) Reflected in the balance sheet as follows:
Deferred tax assets

- 3,034.44
Deferred tax liabilities

- (3,034.44)
Deferred tax asset/(liabilities), net

- -
(f) Reconciliation of recognised deferred

tax asset/(liability) (net):
Particulars March 31, 2020 March 31, 2019
Opening balance as of April 01, 2019 - -
Tax income/(expense) during the period

- -
recognised in profit or loss
Tax income/(expense) during the period

- -
recognised in OCI
Closing balance as at March 31, 2020 - -
[611000] Notes - Exploration for and evaluation of mineral resources

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of exploration and evaluation assets [TextBlock]
Whether there are any exploration and evaluation activities No No
[611900] Notes - Accounting for government grants and disclosure of government assistance
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of accounting for government grants and disclosure of government
assistance [TextBlock]
Whether company has received any government grant or government assistance No No
156
[401100] Notes - Subclassification and notes on liabilities and assets
Other current liabilities, others [Table] ..(1)

Other current liabilities, others [Axis] 1 2
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Subclassification and notes on liabilities and assets
[Abstract]
Disclosure of other current liabilities notes
[Abstract]
Other current liabilities [Abstract]
Other current liabilities, others 98.36 0 69.15 41.2
Other current liabilities, others [Abstract]
Other current liabilities, others [Line
items]
Description of other current liabilities, Deposit against asset Deposit against asset
Statutory Dues Statutory Dues
others replacement replacement
Other current liabilities, others 98.36 0 69.15 41.2
Disclosure of breakup of provisions [Table] ..(1)

Classification based on current non-current [Axis] Non-current [Member] Current [Member]
01/04/2019
31/03/2020 31/03/2019 to 31/03/2019
31/03/2020
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line items]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision gratuity 49.79 22.34 0.13 0.07
Provision leave encashment 20.31 11.73 0.75 0.16
Total provisions for employee benefits 70.1 34.07 0.88 0.23
CSR expenditure provision 0 0 0 0
Total provisions 70.1 34.07 0.88 0.23
157
Details of loans [Table] ..(1)

Classification of loans [Axis] Loans [Member]
Classification of assets based on security
Classification of assets based on security [Axis] Secured considered good [Member]
[Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2019
[Abstract]
Loans notes [Abstract]
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 0.12 0.51 0.12 0.51
Allowance for bad and doubtful loans 0 0 0 0
Total loans 0.12 0.51 0.12 0.51
Details of loans due by directors, other
officers or others [Abstract]
Loans due by directors 0 0 0 0
Loans due by other officers 0 0 0 0
Total loans due by directors, other
0 0 0 0
officers or others
Details of loans due by firms or
companies in which any director
is partner or director [Abstract]
Loans due by firms in which any director
0 0 0 0
is partner
Loans due by private companies in
0 0 0 0
which any director is director
Loans due by private companies in
0 0 0 0
which any director is member
Total loans due by firms or
companies in which any director 0 0 0 0
is partner or director
Details of loans [Table] ..(2)

Classification of loans [Axis] Security deposits [Member]
Classification of assets based on security [Axis] Secured considered good [Member]
31/03/2020 31/03/2019
Subclassification and notes on liabilities and assets [Abstract]
Loans notes [Abstract]
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 0.12 0.51
Allowance for bad and doubtful loans 0 0
Total loans 0.12 0.51
Details of loans due by directors, other officers or others [Abstract]
Loans due by directors 0 0
Loans due by other officers 0 0
Total loans due by directors, other officers or others 0 0
Details of loans due by firms or companies in which any director is partner
or director [Abstract]
Loans due by firms in which any director is partner 0 0
Loans due by private companies in which any director is director 0 0
Loans due by private companies in which any director is member 0 0
Total loans due by firms or companies in which any director is partner or
0 0
director
158
Other current financial liabilities, others [Table] ..(1)

Other current financial liabilities, others [Axis] 1 2
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
[Abstract]
Disclosure of other current financial liabilities
notes [Abstract]
Other current financial liabilities [Abstract]
Other current financial liabilities, others 44.63 49.73 3,164.29 551.52
Other current financial liabilities, others
[Abstract]
[Line items]
Term loan from Term loan from
Description of other current financial
Capital Creditors Capital Creditors financial institution - financial institution -
liabilities, others current current
Other current financial liabilities,
44.63 49.73 3,164.29 551.52
others

Other current financial liabilities, others [Axis] 3 4
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
[Abstract]
Disclosure of other current financial liabilities
notes [Abstract]
Other current financial liabilities, others 3,591.66 2,858.1 1,147.68 0
[Abstract]
[Line items]
Description of other current financial Security deposits Security deposits Refundable to Refundable to
liabilities, others received received customers customers
Other current financial liabilities,
3,591.66 2,858.1 1,147.68 0
others

Other current financial liabilities, others [Axis] 5
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of other current financial liabilities notes [Abstract]
Other current financial liabilities, others 0.3 0
Other current financial liabilities, others [Abstract]
Other current financial liabilities, others [Line items]
Payable to related Payable to related
Description of other current financial liabilities, others Party Party
Other current financial liabilities, others 0.3 0
159
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company inventories [Member] Stores and spares [Member]
01/04/2019 01/04/2018
31/03/2020 31/03/2019 to to
31/03/2020 31/03/2019
[Abstract]
Inventories notes [Abstract]
Classification of inventories [Abstract]
Classification of inventories [Line items]
Inventories 24,003.22 27,964.19 152.87 135.95
Stores and Spares Stores and Spares are
are valued at lower valued at lower of
of cost and net cost and net realisable
Mode of valuation realisable value. value. Cost is
Cost is determined determined using the
using the weighted weighted average
average method. method.
Classification of inventories [Table] ..(2)

Classification of inventories [Axis] Other inventories [Member] Other inventories, others [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
[Abstract]
Inventories notes [Abstract]
Classification of inventories [Abstract]
Classification of inventories [Line items]
Inventories 23,850.35 27,828.24 23,850.35 27,828.24
Assets held for Assets held for
financial lease are financial lease are
valued at lower of valued at lower of
cost and net cost and net realisable
Refer to child realisable value. The value. The cost
Mode of valuation member
cost comprises of comprises of raw
raw materials, direct materials, direct
labour, other direct labour, other direct
cost including cost including
borrowing cost. borrowing cost.
Refer to child Asset held for Asset held for finance
Nature of other inventories member
finance lease lease
Other non-current financial liabilities others [Table] ..(1)

Other non-current financial liabilities others [Axis] 1
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of other non-current financial liabilities notes [Abstract]
Other non-current financial liabilities [Abstract]
Other non-current financial liabilities, others 375.25 168.38
Other non-current financial liabilities others [Abstract]
Other non-current financial liabilities others [Line items]
Interest accrued but Interest accrued but
Description other non-current financial liabilities others not due not due
Other non-current financial liabilities, others 375.25 168.38
160
Other current financial assets others [Table] ..(1)

Other current financial assets others [Axis] 1 2
01/04/2019 01/04/2018 01/04/2018
to to to
31/03/2020 31/03/2019 31/03/2019
Other current financial assets [Abstract]
Other current financial assets others 0.32 0.09 0.53
Other current financial assets others [Abstract]
Other current financial assets others [Line items]
Advance to related
Description other current financial assets others Employee advance Employee advance
Party
Other current financial assets others 0.32 0.09 0.53
Details of advances [Table] ..(1)

Classification of advances [Axis] Advances [Member]
Unsecured
Classification of assets based on security Secured considered
Classification of assets based on security [Axis] considered good
[Member] good [Member]
[Member]
31/03/2020 31/03/2019 31/03/2020 31/03/2020
[Abstract]
Disclosure of notes on advances [Abstract]
Disclosure of advances [Abstract]
Disclosure of advances [Line items]
Advances 47.44 49.84 26 21.44
Details of advance due by directors other
Advance due by directors 0 0 0 0
Advance due by other officers 0 0 0 0
Total advance due by directors other
0 0 0 0
officers or others
Details of advance due by firms or
Advance due by firms in which any
0 0 0 0
director is partner
Advance due by private companies in
0 0 0 0
0 0 0 0
Total advance due by firms or
161

Advances Security deposits
Classification of advances [Axis] Capital advances [Member]
[Member] [Member]
Unsecured
Secured considered
Classification of assets based on security [Axis] considered good Unsecured considered good [Member]
good [Member]
[Member]
31/03/2019 31/03/2020 31/03/2019 31/03/2020
[Abstract]
Advances 49.84 21.44 23.84 26
0 0 0 0
officers or others
0 0 0 0
director is partner
0 0 0 0
0 0 0 0
162

Non-current
[Member]
Security deposits
Classification of advances [Axis] Advances [Member]
[Member]
Unsecured Unsecured
Classification of assets based on security [Axis] considered good considered good
[Member]
[Member] [Member]
01/04/2019 01/04/2019
31/03/2019 to 31/03/2019 to
31/03/2020 31/03/2020
[Abstract]
Advances 26 3,355.55 189.33 3,355.55
Refer to child
Nature of other advance Refer to child member
member
0 0 0 0
officers or others
0 0 0 0
director is partner
0 0 0 0
0 0 0 0
163

Advances Capital advances Security deposits Advances given
Classification of advances [Axis]
[Member] [Member] [Member] suppliers [Member]
Unsecured Unsecured Unsecured Unsecured
Classification of assets based on security [Axis] considered good considered good considered good considered good
[Member] [Member] [Member] [Member]
31/03/2019 31/03/2019 31/03/2019 31/03/2020
[Abstract]
Advances 189.33 0 0 42.87
0 0 0 0
officers or others
0 0 0 0
director is partner
0 0 0 0
0 0 0 0
164

Advances given Prepaid expenses
Classification of advances [Axis] Other Advances [Member]
suppliers [Member] [Member]
Unsecured Unsecured
Classification of assets based on security [Axis] considered good Unsecured considered good [Member] considered good
[Member] [Member]
01/04/2019
31/03/2019 to 31/03/2019 31/03/2020
31/03/2020
[Abstract]
Advances 20.53 3,312.68 168.8 17.46
Nature of other advance Refer to child member
0 0 0 0
officers or others
0 0 0 0
director is partner
0 0 0 0
0 0 0 0
165

Prepaid expenses Deposits with statutory authorities Other advances,
[Member] [Member] others [Member]
Unsecured Unsecured
Classification of assets based on security [Axis] considered good Unsecured considered good [Member] considered good
[Member] [Member]
01/04/2019
31/03/2019 31/03/2020 31/03/2019 to
31/03/2020
[Abstract]
Advances 14.45 9.72 154.35 3,285.5
Advance for
Nature of other advance purchase of land
0 0 0 0
officers or others
0 0 0 0
director is partner
0 0 0 0
0 0 0 0

Other advances,
others [Member]
Unsecured
Classification of assets based on security [Axis] considered good
[Member]
31/03/2019
Advances 0
Details of advance due by directors other officers or others [Abstract]
Advance due by directors 0
Advance due by other officers 0
Total advance due by directors other officers or others 0
Details of advance due by firms or companies in which any director is partner or director
[Abstract]
Advance due by firms in which any director is partner 0
Advance due by private companies in which any director is director 0
Advance due by private companies in which any director is member 0
Total advance due by firms or companies in which any director is partner or director 0
166
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
01/04/2019
31/03/2020 31/03/2019 to 31/03/2019
31/03/2020
[Abstract]
Disclosure of notes on trade receivables [Abstract]
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [Line
items]
Breakup of trade receivables [Abstract]
Trade receivables, gross 127.58 69.5 127.58 69.5
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 127.58 69.5 127.58 69.5
Details of trade receivables due by
directors, other officers or others
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Total trade receivables due by
0 0
directors, other officers or others
Details of trade receivables due by firms
or companies in which any director is
partner or director [Abstract]
Trade receivables due by firms in
0 0
which any director is partner
Trade receivables due by private
companies in which any director is 0 0
director
Trade receivables due by private
companies in which any director is 0 0
member
Total trade receivables due by
firms or companies in which any 0 0
director is partner or director
167

01/04/2019
to 31/03/2019
31/03/2020
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Disclosure of notes on trade receivables explanatory [TextBlock] [See below]
Disclosure of notes on loans explanatory [TextBlock] [See below]
Disclosure of notes on other non-current assets explanatory Textual information (68)
Advances, non-current (A) 47.44 (B) 49.84

Total other non-current assets 47.44 49.84
Disclosure of inventories Explanatory [TextBlock] [See below]
Description of accounting policy for measuring inventories Textual information (70)
Disclosure of notes on cash and bank balances explanatory [TextBlock] [See below]
Fixed deposits with banks 0 0
Other balances with banks (C) 318.07 (D) 96.22

Total balance with banks 318.07 96.22
Cash on hand 5.25 3.2
Total cash and cash equivalents 323.32 99.42
Total cash and bank balances 323.32 99.42
Total balances held with banks to extent held as
margin money or security against borrowings, 0 0
guarantees or other commitments
Bank deposits with more than 12 months maturity 0 0
Disclosure of notes on other current financial assets explanatory Textual information (72)
Total other current financial assets 0.32 0.62
Disclosure of notes on other current assets explanatory [TextBlock] [See below]
Advances, current (E) 3,355.55 (F) 189.33
Total other current assets 3,355.55 189.33
Disclosure of notes on other non-current financial liabilities Textual information (74)
explanatory [TextBlock] [See below]
Total other non-current financial liabilities 375.25 168.38
Disclosure of notes on provisions explanatory [TextBlock] [See below]
Disclosure of notes on other non-current liabilities explanatory Textual information (76)
Disclosure of notes on other current financial liabilities Textual information (77)
explanatory [TextBlock] [See below]
Interest accrued on borrowings 0 0
Interest accrued on public deposits 0 0
Interest accrued others 0 0
Unpaid dividends 0 0
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Debentures claimed but not paid 0 0
Public deposit payable, current 0 0
Total other current financial liabilities 7,948.56 3,459.35
Disclosure of other current liabilities notes explanatory [TextBlock] [See below]
Advance received from customers 4,549.13 6,526.2
Total other advance 4,549.13 6,526.2
Current liabilities portion of share application money pending
0 0
allotment
Total other current liabilities 4,716.64 6,567.4
168
Footnotes
(A) Capital advances : 21.44 Security deposits : 26
(B) Capital advances : 23.84 Security deposits : 26
(C) Balances with scheduled banks in current accounts : 318.07
(D) Balances with scheduled banks in current accounts : 96.22
(E) Prepaid Expenses : 17.46 Balances with statutory/government authorities : 9.72 Advance for purchase of land : 3285.5 Advance to
suppliers - GST : 32.43 Advance to suppliers : 10.44
(F) Prepaid Expenses : 14.45 Balances with statutory/government authorities : 154.35 Advance for purchase of land : 0 Advance to
suppliers - GST : 0 Advance to suppliers : 20.53
Disclosure of notes on trade receivables explanatory [Text Block]
Note 8: Trade receivables
Unsecured - considered good
Trade receivables 127.58 69.50
Total 127.58 69.50
Disclosure of notes on loans explanatory [Text Block]
Note 10: Loans- current
Unsecured - considered good
Security deposits 0.12 0.51
Total 0.12 0.51
169
Disclosure of notes on other non-current assets explanatory [Text Block]
Note 5: Other non current assets
As at As at
Particulars
March 31, 2020 March 31, 2019
Capital advances 21.44 23.84
Security deposits 26.00 26.00
Total 47.44 49.84
Disclosure of inventories Explanatory [Text Block]
Note 6: Inventories
Stores and spares 152.87 135.95
Others (Assets held for finance lease) 23,850.35 27,828.24
Total 24,003.22 27,964.19
Description of accounting policy for measuring inventories [Text Block]

Inventories
170
Disclosure of notes on cash and bank balances explanatory [Text Block]

Note 9: Cash and cash equivalents
Cash in hand 5.25 3.20
Balances with scheduled banks in current accounts 318.07 96.22
Total 323.32 99.42
Disclosure of notes on other current financial assets explanatory [Text Block]

Note 11: Other Financial Assets
Unsecured - considered good:
Employee advance 0.32 0.09
Advance to related Party 0.00 0.53
Total 0.32 0.62
171
Disclosure of notes on other current assets explanatory [Text Block]
Note 13: Other current assets
Prepaid Expenses 17.46 14.45
Balances with statutory/government authorities 9.72 154.35
Advance for purchase of land 3,285.50 -
Advance to suppliers - GST 32.43 -
Advance to suppliers 10.44 20.53
Total 3,355.55 189.33
Disclosure of notes on other non-current financial liabilities explanatory [Text Block]

Note 17: Other financial liabilities - non current
Interest accrued but not due 375.25 168.38
Total 375.25 168.38
172
Disclosure of notes on provisions explanatory [Text Block]
Note 18: Provisions - non current
Provision for employee benefits :
Provision for compensated absences 20.31 11.73
Provision for gratuity 49.79 22.34
Total 70.10 34.07
Note 23: Provisions- Current
Provision for employee benefits
Provision for compensated absences 0.75 0.16
Provision for gratuity 0.13 0.07
Total 0.88 0.23
173
Disclosure of notes on other non-current liabilities explanatory [Text Block]

Note 16: Non current Borrowings
(Secured loans)
Term loan from financial institutions (refer note 42) 13,583.36 18,562.23
(Unsecured loan, considered good)
Loan from related party 1,947.81 1,933.81
Total 15,531.17 20,496.04
The rate of interest applicable on long term borrowings are as under:
- Term loans from financial institutions 11.35% - 13.35% p.a. 10.00% - 11.35% p.a.
- Term loans from related parties 11.85% p.a. 10.50% - 11.85% p.a.
Loan from financial institutions - Aditya Birla Finance Limited and Bajaj Finance Limited
The loan is repayable in 72 structured monthly installments from January, 2018 with an option to prepay.
- For 1st & 2nd year 2% annually in equal
- For 3rd, 4th, 5th and 6th year 24% annually in equal monthly installment
Loan from related party
Loan from related party is repayable in two half yearly installments commencing from February, 2024.
Disclosure of notes on other current financial liabilities explanatory [Text Block]
Note 21: Other financial liabilities-Current
Capital Creditors 44.63 49.73
Term loan from financial institution - current 3164.29 551.52
Security deposits received 3591.66 2858.10
Refundable to customers 1147.68 0.00
Payable to related Party 0.30 0.00
Total 7948.56 3459.35
174
Disclosure of other current liabilities notes explanatory [Text Block]

Note 19: Borrowings -Current
(Secured loan)
Loan from financial institutions (refer note 42) 225.00 238.56
Total 225.00 238.56
Note 22: Other current liabilities
Statutory dues 69.15 41.20
Deposit against asset replacement 98.36 0.00
Advance from customers 4549.13 6526.20
Total 4716.64 6567.40
175
[401200] Notes - Additional disclosures on balance sheet

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of additional balance sheet notes explanatory [TextBlock] [See below]
Additional balance sheet notes [Abstract]
Contingent liabilities and commitments [Abstract]
Classification of contingent liabilities [Abstract]
Total contingent liabilities 0 0
Total contingent liabilities and commitments 0 0
Details regarding dividends [Abstract]
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
[INR/shares] 0 [INR/shares] 0
shareholders
Details of deposits [Abstract]
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Details of share application money received and paid [Abstract]
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Share application money received and due for refund 0 0
Details regarding cost records and cost audit[Abstract]
Details regarding cost records [Abstract]
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules, No No
2014
Net worth of company 0 0
Details of unclaimed liabilities [Abstract]
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Financial parameters balance sheet items [Abstract]
Investment in subsidiary companies 0 0
Investment in government companies 0 0
Amount due for transfer to investor education and protection fund
0 0
(IEPF)
Gross value of transactions with related parties 0 0
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0
176
Disclosure of additional balance sheet notes explanatory [Text Block]

Note 20: Trade payables
As at March 31, As at March 31,

Particulars
2020 2019
Total outsanding dues of Micro Enterprises and Small Enterprises 41.50 10.38
Total outsanding dues of Creditors other than Micro Enterprises and Small
192.36 183.45
Enterprises
Total 233.86 193.83
Details of outsanding dues of Micro Enterprises and Small Enterprises

There is no Micro, Small and Medium Enterprise to which the Company owes undisputed dues, which are outstanding for more than 45 days
during the period April 01, 2019 to March 31, 2020. This information as required to be disclosed under Schedule III of Companies Act, 2013 has
been determined to the extent such parties have been identified on the basis of information available with the Company.
As at As at
Details of outstanding dues of March March
Micro Enterprises and Small Enterprises 31, 31,
2020 2019
a) Principal amount and the interest due thereon remaining unpaid to any supplier at the end of each accounting
41.50 10.38
year
b) 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 0 0
during each accounting year
c) 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 0 0
Medium Enterprises Development Act, 2006
d) Amount of interest accrued and remaining unpaid at the end of each accounting year and 0 0
e) 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 0 0
expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006
Total 41.50 10.38
Note 12: Current tax assets (net)
Advance income tax (net of provisions) 207.26 179.57
Total 207.26 179.57
Note 42: Assets pledged as security

The carrying amount of assets pledged as security for current & non current borrowings are:
177
Current
Financial assets 451.34 313.14
Non financial assets 27,566.03 28,333.09
Total Current asets 28,017.37 28,646.23
Non Current
Non financial assets 3,541.91 8,819.09
Total Non Current 3,541.91 8,819.09
Total 31,559.28 37,465.32
Loans from financials institutions (secured) :

a)Term loan from Aditya Birla Finance Limited and Bajaj Finance Limited is INR 16,972.64 lacs on EIR method (including current maturities of
long term borrowings Rs. 3,389.29 lacs) (previous year with Aditya Birla Finance Limited and Bajaj finance limited: INR 19,352.32 lacs, current
maturities of long term borrowings Rs. 790.08 lacs) together with interest, additional interest, further interest, liquidated damages, costs, charges,
expenses and all other monies whatsoever payable by the Company is secured by the following security interest created in favour of the Bank or
the Security Trustee:
(As at March 31, 2020)
Particular Non Current Current Total
Long term loan
Aditya Birla finance limited 8,963.36 2,093.66 11,057.02
Bajaj finance limited 4,620.00 1,070.62 5,690.62
Short term borrowing
Aditya Birla finance limited - 225.00 225.00
Total 13,583.36 3,389.28 16,972.64
(As at March 31, 2019)
Particular Non Current Current Total
Long term loan
Aditya Birla finance limited 12,262.23 364.06 12,626.29
Bajaj finance limited 6,300.00 187.47 6,487.47
Short term borrowing
Aditya Birla finance limited - 238.56 238.56
Total 18,562.23 790.09 19,352.32
b) Exclusive charge by way of hypothecation on entire current assets ( inculding receivables both present and future) and movable fixed assets (
excluding vehicles hypothecated to the financiers of the vehicles) of Aantara Purukul Senior Living Limited and Antara Senior Living Limited,
both present and future.
c) Exclusive charge over designated account and over all cash flows of Antara Purukul Senior Living Limited APSL and Antarar Senior Living
including but not limited to cash flows arising out of sales /leasing of area /project receipts/all other cash flows pertaining to project.
d)Exclusive charge by way of hypothecation /mortgage/assignment as the case may be of; and
(i) All the FSI ,rights,title,interest, benefits,claims and demands whatsoever of the company and ASL in respect of the project, in the project
178
documents, all as amended, varied or supplemented from time to time;

(ii) Subject to applicable law, all the rights, title, interest, benefits, claims and demands whatsoever of the Company and ASL in the clearances,
and
(iii) all the rights, title, interest, benefits, claims and demands whatsoever of the Company and ASL in any letter of credit, guarantee, performance
bond , guarantee, bank guarantee provided by any vendor/contractor/party to the Company and ASL in relation to the project.
Note 44: Other Explanatory Note
The Company has incurred significant losses in the current year and the previous year and has accumulated losses of Rs. 27,391.89 lakh (Previous
year INR 19,692.25 lakh) as at the year end resulting in substantial erosion of the net worth of the Company. Antara Senior Living Limited
('holding company') and Max India Limited ('ultimate holding company’), have confirmed to provide financial support as the need arises. In view
of the above, these financial statements have been prepared on a “going concern basis” as the holding company and ultimate holding company
have confirmed to provide such financial support.
Note 45: Impact of COVID-19
The outbreak of pandemic relating to Covid-19 globally and in India has impacted the operations of the company primarily in terms of lower
customer bookings for lease of apartments, food and beverage revenue, other club revenue and liquidity in the company. The company has
examined the possible effects that may result from Covid-19 and ascertained that there is no change required on the carrying amounts of the assets
and liabilities as on March 31, 2020. The company is taking all necessary steps to rationalize costs of the Company to offset such reduction in
revenue. In developing the assumptions relating to the possible future uncertainties in the economic conditions because of this pandemic, the
Company, as at the date of approval of these financial statements has used internal and external sources of information. The impact of Covid-19
on the Company’s financial statements may differ from that estimated as at the date of approval of these financial statements.
[611800] Notes - Revenue

01/04/2019
to
31/03/2020
Disclosure of revenue [TextBlock] [See below]
Description of accounting policy for recognition of revenue [TextBlock] [See below]
179
Disclosure of revenue [Text Block]

40 Customer Contracts
(i) Revenue
Particulars For the year ended March 31, 2020 For the year ended March 31, 2019
(a) Revenue from contract with customers
Rental income 31.84 23.01
Maintenance income 418.91 271.52
Club membership fee 45.84 89.76
(b) Revenue from leasing activities
Income from finance leases 5,097.73 5,658.40
(c) Other Income
Sale of food & beverages 212.60 200.81
Club services & others 225.52 144.99
(ii) Disaggregated revenue information

Set out below is the disaggregation of the Company's revenue from contracts with customers:
Type of For the year ended 31 March For the year ended 31 March
goods/services 2020 2019
Community
464.75 361.29
operations
Short term
31.84 30.28
leasing/others
Category of Revenue Status
Geographical region Domestic
Type of Customer Non Government
Contract Duration Short Term
Revenue from services transferred over

Timing
time.
(iii) Contract balances
Particulars As at 31 March 2020 As at 31 March 2019
Trade receivables Opening 69.50 47.82
Closing 127.58 69.50
180
Contract Assets - -
Contract liabilities - -
(iv) Reconciling the amount of revenue recognised in the statement of profit and loss with the contracted price
Particulars For the year ended 31 March 2020 For the year ended 31 March 2019
Revenue as per contracted price 496.59 391.57
Adjustments
Discount - -
Revenue from contracts with customers 496.59 391.57
(v) Perfomance obligations

Information about the Group’s performance obligations are summarised below:
(v.i) Community operations
Revenue from Maintenance and club services are recognized upon rendering of service. Revenue from club membership is collected upfront
either for lifetime or for a specified period. Revenue from membership admission fee is recognized as income on admission of a member.
Admission fee collected is non refundable and non transferrable. Annual entitlement fee, which entitles the members to the club membership
facilities over the agreed membership period, is recognized as income in the year for which it is received.
(v.ii) Short term leasing
Revenues from short term leases of appartments are recognized over the period of the contract as and when services are rendered or payment
received.
Description of accounting policy for recognition of revenue [Text Block]
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can
be reliably measured. Revenue from providing services is recognised in the accounting period in which the service are rendered..
The following specific recognition criteria must also be met before revenue is recognized:
Revenue from food and beverages , maintenance and club services are recognized upon rendering of service. Sales are net of
discounts. Goods service tax is reduced from sales.
Revenue from club membership is collected upfront either for lifetime or for a specified period. Revenue from membership
admission fee is recognized as income on admission of a member. Admission fee collected is non refundable and non
transferrable. Annual entitlement fee, which entitles the members to the club membership facilities over the agreed membership
period, is recognized as income in the year for which it is received.
Other Income is accounted on accural basis. Interest income is recognised on time proportion basis using EIR method. Dividend
Income is recognised when the right to receive is established.
181
[612400] Notes - Service concession arrangements

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of service concession arrangements [TextBlock]
Whether there are any service concession arrangments No No
[612000] Notes - Construction contracts

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of notes on construction contracts [TextBlock]
Whether there are any construction contracts No No
[612600] Notes - Employee benefits

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of employee benefits [TextBlock] [See below]
Disclosure of defined benefit plans [TextBlock] [See below]
Whether there are any defined benefit plans No No
182
Disclosure of employee benefits [Text Block]

Note 35: Disclosure in respect of Indian Accounting Standard (Ind AS)-19 "Employee Benefits"
General description of various defined employee's benefits schemes are as under:
a) Defined Contribution Plan
The company has certain defined contribution plans. The expense recognised uring the period towards defined contribution plan is INR 39.92
lakhs (Previous Year INR 27.83 lakhs)
b) Gratuity:
For Employee covered under Employees Provident Fund and Miscellaneous Provision Act, 1952:
The company provides for gratuity to employees in india as per the payment of gratuity act, 1972. Employees who are in continious service for a
period of 5 years are eligible for gratuity. Salary for the purpose of calculation of gratuity is taken as last drawn qualifying salary.
c) Leave Encashment:
Salary for the purpose of calculating earned leave is taken as the last drawn qualifying salary . Yearly accrual of leaves is 21 days which can be
accumulated maximum to 45 days . Benefit on normal retirement is maximum upto 45 days or actual accumulation whichever is less.
(i) The summarized position of various defined benefits recognized in the Statement of Profit & Loss, Other Comprehensive Income
(OCI) and Balance Sheet & other disclosures are as under:
(March 31, 2020)
Gratuity Earned Leave

Particulars
(Non-Funded) (Non-Funded)
Defined Benefit Obligation C.Y. 49.93 21.05
P.Y. 22.42 11.89
Fair Value of Plan Assets C.Y. - -
P.Y. - -
Funded Status [Surplus/(Deficit)] C.Y. (49.93) (21.05)
P.Y. (22.42) (11.89)
Net Defined Benefit Assets/(Liabilities) C.Y. (49.93) (21.05)
P.Y. (22.42) (11.89)
(March 31, 2020)

Particulars
Defined Benefit Obligation C.Y. 22.42 11.89
P.Y. 18.67 18.32
Fair Value of Plan Assets C.Y. - -
P.Y. - -
Funded Status [Surplus/(Deficit)] C.Y. (22.42) (11.89)
P.Y. (18.67) (18.32)
Net Defined Benefit Assets/(Liabilities) C.Y. (22.42) (11.89)
P.Y. (18.67) (18.32)
183
(ii) Movement in Net defined benefit obligation

(March 31, 2020)

Particulars
Net defined benefit liability at the start of the period C.Y. 22.42 11.89
P.Y. 18.67 18.32
Acquisition adjustment C.Y. (0.77) -
P.Y. - (5.24)
Total Service Cost C.Y. 20.08 9.81
P.Y. 10.29 6.30
Net Interest cost (Income) C.Y. 1.72 0.91
P.Y. 1.46 1.43
Re-measurements C.Y. 6.48 2.86
P.Y. (7.99) (4.48)
Contribution paid to the Fund C.Y. - -
P.Y. - -
Benefit paid directly by the enterprise C.Y. - (4.41)
P.Y. - (4.45)
Net defined benefit liability at the end of the period C.Y. 49.93 21.05
P.Y. 22.42 11.88
(March 31, 2019)

Particulars
(Funded) (Non-Funded)
Net defined benefit liability at the start of the period C.Y. 18.67 18.32
P.Y. 55.92 85.86
Acquisition adjustment C.Y. - (5.24)
P.Y. (8.88) (54.79)
P.Y. 10.22 9.16
Net Interest cost (Income) C.Y. 1.46 1.43
P.Y. 4.11 6.31
184
Re-measurements C.Y. (7.99) (4.48)
P.Y. (41.71) (12.82)
Contribution paid to the Fund C.Y. - -
P.Y. - -
Benefit paid directly by the enterprise C.Y. - (4.45)
P.Y. (0.99) (15.40)
Net defined benefit liability at the end of the period C.Y. 22.42 11.88
P.Y. 18.67 18.32
(iii) Amount Recognized in Statement of Profit and Loss

(March 31, 2020)

Particulars
P.Y. 10.29 6.30
Net Interest Cost C.Y. 1.72 0.91
P.Y. 1.46 1.43
Net actuarial (gain) / loss recognized in the period C.Y. - 2.86
P.Y. - (4.48)
Cost Recognized in P&L C.Y. 21.79 13.58
P.Y. 11.74 3.25
(iv) Amount recognized in Other Comprehensive Income (OCI)

(March 31, 2020)

Particulars
Net cumulative unrecognized actuarial gain/(loss) opening C.Y. - Since the benefit of earned
P.Y. - leave can be availed during
Actuarial gain / (loss) for the year on PBO C.Y. (6.48) service period. Hence its
P.Y. 7.99 not a defined benefit
Actuarial gain /(loss) for the year on Asset C.Y. - obligation, it may be
P.Y. - considered to be long
Unrecognized actuarial gain/(loss) For the Period C.Y. (6.48) service award
P.Y. 7.99
185
(v) Actuarial Gain/Loss on Obligation

(March 31, 2020)

Particulars
Actuarial (Gain)/Loss on arising from Change in Demographic Assumption C.Y. 0.02 0.01
P.Y. - -
Actuarial (Gain)/Loss on arising from Change in Financial Assumption C.Y. 7.39 3.23
P.Y. 0.49 0.30
Actuarial (Gain)/Loss on arising from Experience Adjustment C.Y. (0.94) (0.39)
P.Y. (8.49) (4.78)
(vi) Bifurcation of PBO at the end of year in current and non current
(March 31, 2020)

Particulars
Current liability (Amount due within one year) C.Y. 0.13 0.75
P.Y. 0.07 0.16
Non-Current liability (Amount due over one year) C.Y. 49.79 20.31
P.Y. 22.34 11.73
Total PBO at the end of year C.Y. 49.93 21.05
P.Y. 22.42 11.89
(vii) Sensitivity Analysis

(March 31, 2020)

Assumption Change in Assumption
- Present Value of Obligation at the end of the period 49.93 21.05
Discount rate 0.50% (4.67) (1.93)
-0.50% 5.30 2.25
- Present Value of Obligation at the end of the period 49.93 21.05
Salary growth rate 0.50% 5.11 2.14
-0.50% (4.57) (1.91)
(March 31, 2019)

Assumption Change in Assumption
186
Present Value of Obligation at the end of the period 22.42 11.89
Discount rate 0.50% (1.95) (1.04)
-0.50% 2.20 1.18
Present Value of Obligation at the end of the period 22.42 11.89
Salary growth rate 0.50% 2.14 1.14
-0.50% (1.91) (1.02)
(viii) Actuarial Assumption

(March 31, 2020)

Particulars
Method used C.Y. PUC Menthod PUC Menthod
P.Y. PUC Menthod PUC Menthod
Discount rate C.Y. 6.80% 6.80%
P.Y. 7.66% 7.66%
Rate of salary increase C.Y. 10.00% 10.00%
P.Y. 10.00% 10.00%
Mortality rate C.Y. 100 % of IALM (2012 - 14) 100 % of IALM (2012 - 14)
P.Y. 100% IALM (2006-08) 100% IALM (2006-08)
Actuarial Assumption
(March 31, 2019)

Particulars
Method used C.Y. PUC Menthod PUC Menthod
P.Y. PUC Menthod PUC Menthod
Discount rate C.Y. 7.66% 7.66%
P.Y. 7.80% 7.80%
Rate of salary increase C.Y. 10.00% 10.00%
P.Y. 10.00% 10.00%
Mortality rate C.Y. 100% IALM (2006-08) 100% IALM (2006-08)
P.Y. 100% IALM (2006-08) 100% IALM (2006-08)
(ix) Expected Benefit Payments

(March 31, 2020)
187
Year of payment Gratuity Earned Leave

Year ended March 31, 2020 0.13 0.75
April 2025 onwards 41.65 17.49
(x) Category of investment in Plan assets
Category of Investment % of fair value of plan assets
Funds managed by Insurer NIL
Disclosure of defined benefit plans [Text Block]

[612800] Notes - Borrowing costs

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of borrowing costs [TextBlock] [See below]
Whether any borrowing costs has been capitalised during the year No No
188
Disclosure of borrowing costs [Text Block]

Note 34: Disclosure in respect of Indian Accounting Standard (Ind AS)-23 "Borrowing Costs"
The amount capitalized with Property, Plant & Equipments as borrowing cost is Nil for the year ended March 31, 2020 & Nil for the year ended
March 31, 2019.
[700100] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Key managerial personnels and directors [Axis] 1 2 3
01/04/2019 01/04/2019 01/04/2019
to to to
31/03/2020 31/03/2020 31/03/2020
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[LineItems]
AMBICA
TARA SINGH
Name of key managerial personnel or director JATIN KHANNA ABHISHEK
VACHANI
CHATURVEDI
Director identification number of key managerial personnel or
07089135 08091229 02610311
director
Permanent account number of key managerial personnel or director AKXPK9994Q AFQPC9697C BBCPS3362P
Date of birth of key managerial personnel or director 24/12/1978 06/11/1980 04/01/1987
Other Non Executive Other Non Executive Other Non Executive
Designation of key managerial personnel or director Director Director Director
BA IN POLITICS
Post graduate from AND South Asian
Qualification of key managerial personnel or director ISB, C.A & B Graduation studies from
.COMM National University
of Singapore
Shares held by key managerial personnel or director [shares] 0 [shares] 0 [shares] 0
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 0 0 0
Perquisites key managerial personnel or director 0 0 0
Profits in lieu of salary key managerial personnel or director 0 0 0
Gross salary to key managerial personnel or director 0 0 0
Sitting fees key managerial personnel or director 0 0 0
Stock option key managerial personnel or director 0 0 0
Sweat equity key managerial personnel or director 0 0 0
Commission as percentage of profit key managerial personnel or
0 0 0
director
Other commission key managerial personnel or director 0 0 0
Other compensation key managerial personnel or director 0 0 0
Total key managerial personnel or director remuneration 0 0 0
Ceiling as per act key managerial personnel or director
0 0 0
remuneration
189
[612200] Notes - Leases

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of leases [TextBlock] [See below]
Whether company has entered into any lease agreement No No
Whether any operating lease has been converted to financial lease or
No No
vice-versa
Disclosure of leases [Text Block]

Note 39: Leases disclosure
i) Finance Lease disclosure in respect of Indian Accounting standard (Ind AS) 17 "Leases"
As lessor
The Company is receiving full lease consideration in advance before possession/registration of lease deed. In such case the entire lease
consideration towards the apartment to the extent it is related to lease rentals, is recognized as revenue in the Statement of Profit & Loss and the
costs of the leased unit is transferred from inventory to Statement of Profit & Loss. Accordingly the reonciliation between gross investment in the
lease and the present value of minimum lease payments receivable and accounting of unearned finance component is not required.
There is no contingent rent on the leases recognised for finance lease.
ii) Disclosure as per Ind AS 116
There is no right-of-use assets at the end of the reporting period. The Company has entered into operating leases for accommodation for its
employees under operating lease agreements. The lease rental expense recognized in the statement of profit and loss for the year is INR 1.93 lakhs
(March 31, 2019: INR 3.75 lakhs). These lease are of short term.
[612300] Notes - Transactions involving legal form of lease

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of arrangements involving legal form of lease [TextBlock]
Whether there are any arrangements involving legal form of lease No No
[612900] Notes - Insurance contracts

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of insurance contracts [TextBlock]
Whether there are any insurance contracts as per Ind AS 104 No No
190
[613100] Notes - Effects of changes in foreign exchange rates

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of effect of changes in foreign exchange rates [TextBlock]
Whether there is any change in functional currency during the year No No
Description of functional currency INR
Description of presentation currency INR
191
[500100] Notes - Subclassification and notes on income and expenses

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from operations [Abstract]
Disclosure of notes on revenue from operations explanatory [TextBlock] [See below]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 0 0
Revenue from sale of services (A) 6,032.44 (B) 6,388.49

Total revenue from operations other than finance company 6,032.44 6,388.49
Total revenue from operations 6,032.44 6,388.49
Disclosure of other income [Abstract]
Disclosure of notes on other income explanatory [TextBlock] [See below]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on other current investments 0 7.26
Total interest income on current investments 0 7.26
Total interest income 0 7.26
Dividend income [Abstract]
Total dividend income 0 0
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments 8.16 8.1
Total net gain/loss on sale of investments 8.16 8.1
Other non-operating income [Abstract]
Surplus on disposal, discard, demolishment and destruction of
0 0.17
depreciable property, plant and equipment
Liabilities written off 0 7.61
Miscellaneous other non-operating income (C) 22.14 (D) 10.35

Total other non-operating income 22.14 18.13
Total other income 30.3 33.49
Disclosure of finance cost [Abstract]
Disclosure of notes on finance cost explanatory [TextBlock] [See below]
Interest expense [Abstract]
Interest expense non-current loans [Abstract]
Interest expense non-current loans, banks 13.12 154.57
Total interest expense non-current loans 13.12 154.57
Interest expense borrowings 2,477.25 2,426.08
Other interest charges 0 0.03
Total interest expense 2,490.37 2,580.68
Total finance costs 2,490.37 2,580.68
Employee benefit expense [Abstract]
Disclosure of notes on employee benefit expense explanatory [TextBlock] [See below]
Salaries and wages 573.25 496.75
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 39.92 27.83
Total contribution to provident and other funds 39.92 27.83
Gratuity 21.79 11.74
Staff welfare expense 81.54 114.14
Total employee benefit expense 716.5 650.46
Depreciation, depletion and amortisation expense [Abstract]
192
Depreciation expense 279.48 277.62

Amortisation expense 5.98 13.84
Total depreciation, depletion and amortisation expense 285.46 291.46
Breakup of other expenses [Abstract]
Disclosure of notes on other expenses explanatory [TextBlock] [See below]
Consumption of stores and spare parts 0 0
Power and fuel 0 0
Rent 0 0
Repairs to building 96.94 34.69
Repairs to machinery (E) 127.34 (F) 125.78

Insurance 0 0
Rates and taxes excluding taxes on income [Abstract]
Purchase tax (G) 55.05 (H) 37.24
Total rates and taxes excluding taxes on income 55.05 37.24
Electricity expenses 175.15 151.37
Telephone postage (I) 17.23 (J) 15.45

Printing stationery 5.83 7.5
Travelling conveyance 10.48 8.63
Legal professional charges 37.32 61.98
Safety security expenses 217.93 242.65
Directors sitting fees 1 0
Guest house expenses (K) 33.37 (L) 33.56

Advertising promotional expenses 168.98 190.1
Commission paid sole selling agents 71.94 62.96
Impairment loss on non financial assets [Abstract]
Impairment loss on property plant and equipment 5,000 0
Total impairment loss on non-financial assets 5,000 0
Loss on disposal of intangible Assets 0 0
Loss on disposal, discard, demolishment and destruction of
0 4.4
depreciable property plant and equipment
Payments to auditor [Abstract]
Payment for audit services (M) 5 (N) 5
Payment for other services (O) 1.2 (P) 0.6

Total payments to auditor 6.2 5.6
CSR expenditure 0 0
Miscellaneous expenses (Q) 211.42 (R) 128.01

Total other expenses (S) 6,236.18 (T) 1,109.92
Current tax [Abstract]
Total current tax 0 0
193
Footnotes
(A) Club membership fee : 45.84 Club services & others : 225.52 Income from finance leases : 5097.73 Rental income : 31.84 Sale of
food & beverages : 212.6 Maintenance income : 418.91
(B) Club membership fee : 89.76 Club services & others : 144.99 Income from finance leases : 5658.4 Rental income : 23.01 Sale of food
& beverages : 200.81 Maintenance income : 271.52
(C) Miscellaneous income : 8.05 Scrap sale : 1.08 Interest on income tax refund : 13.01
(D) Miscellaneous income : 4.58 Scrap sale : 0.15 Interest on income tax refund : 5.62
(E) - Others : 127.34
(F) - Others : 125.78
(G) Rates and taxes : 55.05
(H) Rates and taxes : 37.24
(I) Communication : 17.23
(J) Communication : 15.45
(K) Laundry expenses : 33.37
(L) Laundry expenses : 33.56
(M) Statutory audit fee : 4 Limited review audit fee : 0.9 Certification fee : 0.1
(N) Statutory audit fee : 5 Limited review audit fee : 0 Certification fee : 0
(O) Out of pocket expenses : 1.2
(P) Out of pocket expenses : 0.6
(Q) Miscellaneous expenses : 45.27 Irrecoverable debts written off : 10.51 Other Operational expenses : 30.84 Irrecoverable GST written
off : 124.8 Delay compensation : 0
(R) Miscellaneous expenses : 48.04 Irrecoverable debts written off : 23.01 Other Operational expenses : 32.86 Irrecoverable GST written
off : 0 Delay compensation : 24.1
(S) Impairment of Property, plant and equipment : 5000 Other expenses : 1236.18
(T) Impairment of Property, plant and equipment : 0 Other expenses : 1109.92
Disclosure of notes on revenue from operations explanatory [Text Block]

Note- 24: Revenue from Operations
Income from finance leases 5097.73 5658.40
Rental income 31.84 23.01
Sale of food & beverages 212.60 200.81
Maintenance income 418.91 271.52
Club membership fee 45.84 89.76
Club services & others 225.52 144.99
Total 6032.44 6388.49
194
Disclosure of notes on other income explanatory [Text Block]

Note- 25: Other income
Interest Income:
Interest on income tax refund 13.01 5.62
Interest income from others - 7.26
Sub Total 13.01 12.88
Net gain on sale of current investments in mutual funds 8.16 8.10
Liability written back - 7.61
Profit on sale of assets - 0.17
Scrap Sale 1.08 0.15
Miscellaneous income 8.05 4.58
Total 30.30 33.49
195
Disclosure of notes on finance cost explanatory [Text Block]
Note- 29: Finance costs
Interest on borrowings
2,477.25 2,426.08
Interest on others
- 0.03
Amortisation of transaction cost on

term loan 13.12 154.57
Total
2,490.37 2,580.68
Disclosure of notes on employee benefit expense explanatory [Text Block]

Note- 28: Employee benefits expense
Salaries and wages 573.25 496.75
Contributions to provident and other funds 39.92 27.83
Gratuity expense 21.79 11.74
Staff welfare expenses 81.54 114.14
Total 716.50 650.46
196
Disclosure of notes on other expenses explanatory [Text Block]
Note- 30: Other expenses
Sales commission
71.94 62.96
Marketing expense
168.98 190.10
Electricity charges
175.15 151.37
Repairs and maintenance
- Building
96.94 34.69
- Others
127.34 125.78
Rates and taxes

55.05 37.24
Communication
17.23 15.45
Travelling and conveyance

10.48 8.63
Printing and stationery

5.83 7.50
Security & Housekeeping

expense 217.93 242.65
Legal and professional

37.32 61.98
Directors sitting fees

1.00 -
Payments to auditors * (refer note

below) 6.20 5.60
Loss on sale of fixed assets

- 4.40
Delay compensation
- 24.10
Irrecoverable debts written off

10.51 23.01
197
Laundry expenses 33.37 33.56
Other Operational expenses

30.84 32.86
Miscellaneous expenses
45.27 48.04
Irrecoverable GST written off

124.80 -
Total
1,236.18 1,109.92
* Payment to auditors
Statutory audit fee

4.00 5.00
Limited review audit fee

0.90 -
Certification fee
0.10
Out of pocket expenses

1.20 0.60
Total
6.20 5.60
[613200] Notes - Cash flow statement

01/04/2019 01/04/2018
to to 31/03/2018
31/03/2020 31/03/2019
Disclosure of cash flow statement [TextBlock]
Description of accounting policy for determining components of cash and Textual information (91)
cash equivalents [TextBlock] [See below]
Cash and cash equivalents cash flow statement 323.32 99.42 479.45
Cash and cash equivalents 323.32 99.42
Income taxes paid (refund), classified as operating activities -12.86 -12.48
Total income taxes paid (refund) -12.86 -12.48
198
Description of accounting policy for determining components of cash and cash equivalents [Text Block]
Cash and cash equivalent in the balance sheet comprise cash at banks and on hand and short-term deposits with an original
maturity of three months or less, which are subject to an insignificant risk of changes in value.
Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and tax is adjusted for the
effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments. The cash
flows from operating, investing and financing activities of the Company are segregated based on the available information.
Bank overdrafts which are repayable on demand form an integral part of an entity's cash management, bank overdrafts are
included as a component of cash and cash equivalents.
Transactions in foreign currencies are initially recorded by the Company at their respective functional currency spot rates at the
date the transaction first qualifies for recognition. However, for practical reasons, the company uses an average rate if the
average approximates the actual rate at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency spot rates of
exchange at the reporting date.
Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates
at the dates of the initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the
exchange rates at the date when the fair value is determined. The gain or loss arising on translation of non-monetary items
measured at fair value is treated in line with the recognition of the gain or loss on the change in fair value of the item (i.e.,
translation differences on items whose fair value gain or loss is recognised in OCI or profit or loss are also recognised in OCI or
profit or loss, respectively).
[500200] Notes - Additional information statement of profit and loss

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Additional information on profit and loss account explanatory [TextBlock] [See below]
Changes in inventories of stock-in-trade (A) 3,977.89 (B) 4,596.49
Total changes in inventories of finished goods, work-in-progress and
3,977.89 4,596.49
stock-in-trade
Total revenue from sale of products 0 0
Domestic revenue services 6,032.44 6,388.49
Total revenue from sale of services (C) 6,032.44 (D) 6,388.49

Gross value of transaction with related parties 0 0
Bad debts of related parties 0 0
199
Footnotes
(A) Inventory at the beginning of the year : 27828.24 Add: Purchases : 0 Less: inventory at the end of the year : -23850.35
(B) Inventory at the beginning of the year : 31776.04 Add: Purchases : 648.69 Less: inventory at the end of the year : -27828.24
(C) Club membership fee : 45.84 Club services & others : 225.52 Income from finance leases : 5097.73 Rental income : 31.84 Sale of
(D) Club membership fee : 89.76 Club services & others : 144.99 Income from finance leases : 5658.4 Rental income : 23.01 Sale of
Additional information on profit and loss account explanatory [Text Block]

Note 26: Cost of raw material and components consumed
Inventory at the beginning of the year 135.95 137.29
Add: Purchases 106.97 86.07
242.92 223.36
Less: inventory at the end of the year 152.87 135.95
Cost of raw material and components consumed 90.05 87.41
Note 27: (Increase)/ decrease in inventories of finished goods and work in progress
Inventory at the beginning of the year 27828.24 31776.04
Add: Purchases 0.00 648.69
27828.24 32424.73
Less: inventory at the end of the year 23850.35 27828.24
Cost of raw material and components consumed 3977.89 4596.49
Note 32: Expenditure in Foreign Currency (on accrual basis)
Marketing expenses 5.58
0 5.58
200
[611200] Notes - Fair value measurement
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [Table] ..(1)
Recurring fair value measurement
Measurement [Axis] At fair value [Member]
[Member]
Classes of liabilities [Axis] 1 1
Valuation techniques used in fair value measurement [Axis] Valuation techniques [Member] Valuation techniques [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Nature of liabilities member
member
Disclosure of significant unobservable inputs

used in fair value measurement of liabilities
[Abstract]
Disclosure of significant unobservable
inputs used in fair value measurement of
liabilities [Line items]
Nature of liabilities member
member
Disclosure of fair value measurement of liabilities [Table] ..(1)

Recurring fair
Measurement [Axis] At fair value [Member] value measurement
[Member]
Classes of liabilities [Axis] 1 1
All levels of fair
Levels of fair value hierarchy [Axis] All levels of fair value hierarchy [Member] value hierarchy
[Member]
01/04/2019 01/04/2018 01/04/2019
to to 31/03/2018 to
31/03/2020 31/03/2019 31/03/2020
Disclosure of fair value measurement of liabilities
[Abstract]
Disclosure of fair value measurement of
Refer to child
Nature of liabilities Refer to child member Refer to child member
member
Liabilities 0 143.09 143.09 0
Description of valuation techniques used in Refer to child
fair value measurement, liabilities member
Reconciliation of changes in fair value
measurement, liabilities [Abstract]
Changes in fair value measurement,
liabilities [Abstract]
Losses (gains) recognised in profit
or loss, fair value measurement, 143.09 143.09
liabilities
Total increase (decrease) in fair value
-143.09 -143.09
measurement, liabilities
Liabilities at end of period 0 143.09 143.09 0
Description of line items in profit or loss
Refer to child
where gains (losses) are recognised, fair Refer to child member Refer to child member
member
value measurement, liabilities
Description of line items in other
comprehensive income where gains (losses) are Refer to child
recognised, fair value measurement, member
liabilities
Refer to child
Nature of liabilities Refer to child member Refer to child member
member
201

Measurement [Axis] Recurring fair value measurement [Member]
Classes of liabilities [Axis] 1
All levels of fair value hierarchy
Levels of fair value hierarchy [Axis] Level 1 of fair value hierarchy [Member]
[Member]
01/04/2018 01/04/2019 01/04/2018
to 31/03/2018 to to
31/03/2019 31/03/2020 31/03/2019
Disclosure of fair value measurement of liabilities
[Abstract]
Disclosure of fair value measurement of
Investment in Investment in Mutual
Nature of liabilities Refer to child member
Mutual Funds Funds
Liabilities 143.09 143.09 0 143.09
Description of valuation techniques used in
Refer to child member NAV NAV
fair value measurement, liabilities
Reconciliation of changes in fair value
measurement, liabilities [Abstract]
Changes in fair value measurement,
liabilities [Abstract]
Losses (gains) recognised in profit
or loss, fair value measurement, 143.09
liabilities
Total increase (decrease) in fair value
-143.09
measurement, liabilities
Liabilities at end of period 143.09 143.09 0 143.09
Description of line items in profit or loss
where gains (losses) are recognised, fair Refer to child member NA NA
value measurement, liabilities
Description of line items in other
comprehensive income where gains (losses) are
Refer to child member NA NA
recognised, fair value measurement,
liabilities
Investment in Investment in Mutual
Nature of liabilities Refer to child member
Mutual Funds Funds

Recurring fair
Measurement [Axis] value measurement
[Member]
Classes of liabilities [Axis] 1
Level 1 of fair value
Levels of fair value hierarchy [Axis] hierarchy
[Member]
31/03/2018
Disclosure of fair value measurement of liabilities [Abstract]
Disclosure of fair value measurement of liabilities [Line items]
Liabilities 143.09
Reconciliation of changes in fair value measurement, liabilities [Abstract]
Liabilities at end of period 143.09

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of fair value measurement [TextBlock]
Disclosure of fair value measurement of assets [TextBlock] [See below]
Whether assets have been measured at fair value No No
Disclosure of fair value measurement of liabilities [TextBlock]
Whether liabilities have been measured at fair value No Yes
Disclosure of fair value measurement of equity [TextBlock]
Whether equity have been measured at fair value No No
Disclosure of significant unobservable inputs used in fair value
measurement of liabilities [TextBlock]
202
Disclosure of fair value measurement of assets [Text Block]

balance sheet date.
observable
entity.
Financial Assets:
Classification
loss.
transaction costs.
203
[613300] Notes - Operating segments

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of entity's operating segments [TextBlock] [See below]
Disclosure of reportable segments [TextBlock]
Whether there are any reportable segments No No
Disclosure of major customers [TextBlock] [See below]
Whether there are any major customers No No
Disclosure of entity's operating segments [Text Block]

Note 36: Disclosure in respect of Indian Accounting standard (Ind AS)-108: "Operating Segments"
Based on the "management approach" as defined in Ind AS 108, the Chief Operating Decision Maker (CODM) evaluates the performance and
allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been presented for
each business segment. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue
and expenditure in individual business segment, and are as set out in the significant accounting policies.
Disclosure of major customers [Text Block]

Note 37: Entity-Wide Disclosures
Information about major customers
Customer Name For the year ended March 31, 2020 For the year ended March 31, 2019
Customer - I - -
- If revenues from transactions with a single external customer amount to 10 per cent or more of an entity’s revenues, the entity shall disclose that
fact, the total amount of revenues from each such customer, and the identity of the segment or segments reporting the revenues. The entity need
not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer.
204
[610700] Notes - Business combinations

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of business combinations [TextBlock]
Whether there is any business combination No No
Disclosure of reconciliation of changes in goodwill [TextBlock]
Whether there is any goodwill arising out of business combination No No
Disclosure of acquired receivables [TextBlock]
Whether there are any acquired receivables from business combination No No
Disclosure of contingent liabilities in business combination [TextBlock]
Whether there are any contingent liabilities in business combination No No
[611500] Notes - Interests in other entities

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of interests in other entities [TextBlock]
Disclosure of interests in subsidiaries [TextBlock]
Disclosure of subsidiaries [TextBlock]
Whether company has subsidiary companies No No
Whether company has subsidiary companies which are yet to commence
No No
operations
Whether company has subsidiary companies liquidated or sold during
No No
year
Disclosure of interests in associates [TextBlock]
Disclosure of associates [TextBlock]
Whether company has invested in associates No No
Whether company has associates which are yet to commence operations No No
Whether company has associates liquidated or sold during year No No
Disclosure of interests in joint arrangements [TextBlock]
Disclosure of joint ventures [TextBlock]
Whether company has invested in joint ventures No No
Whether company has joint ventures which are yet to commence
No No
operations
Whether company has joint ventures liquidated or sold during year No No
Disclosure of interests in unconsolidated structured entities [TextBlock]
Disclosure of unconsolidated structured entities [TextBlock]
Whether there are unconsolidated structured entities No No
Disclosure of investment entities [TextBlock]
Disclosure of information about unconsolidated subsidiaries [TextBlock]
Whether there are unconsolidated subsidiaries No No
Disclosure of information about unconsolidated structured entities
controlled by investment entity [TextBlock]
Whether there are unconsolidated structured entities controlled by
No No
investment entity
205
[611400] Notes - Separate financial statements

01/04/2019
to
31/03/2020
Disclosure of separate financial statements [TextBlock]
Description of nature of financial statements [See below]
Description of nature of financial statements

Note 46: Change in grouping of financial statements The figures for the corresponding previous year have been regrouped, reclassified, wherever
considered necessary, to make them comparable with current year classification.
206
[610800] Notes - Related party
Disclosure of transactions between related parties [Table] ..(1)

Categories of related parties [Axis] Parent [Member]
Related party [Axis] 1 2
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Disclosure of transactions between
related parties
[Abstract]
related
parties [Line items]
ANTARA SENIOR ANTARA SENIOR
Name of related party MAX INDIA LIMITED MAX INDIA LIMITED
LIVING LIMITED LIVING LIMITED
Country of incorporation or
residence of INDIA INDIA INDIA INDIA
related party
Permanent account number of
AAFCT2098H AAFCT2098H AAJCA4540R AAJCA4540R
related party
CIN of related party U74999MH2019PLC320039 U74999MH2019PLC320039 U74140DL2011PLC218781 U74140DL2011PLC218781
Sales Commission Expense,
Description of nature of transactions Interest payable to Max Interest payable to Max Maintenance Income from Sales Commission Expense,
India, Loan balance at the India, Loan balance at the
with end of the year, Corporate end of the year, Corporate
apartments on rent, Corporate gurantees
related party Corporate gurantees received
Gurantee received Gurantee received
received
Description of nature of related
party Ultimate Holding company Ultimate Holding company Holding Company Holding Company
relationship
Related party transactions [Abstract]
Revenue from rendering of

services related (A) 18.96 0
party transactions
Provision of guarantees or
collateral to (B) 22,000 (C) 22,000 (D) 22,000 (E) 22,000
entity related party transactions
Other related party transactions
(F) 375.25 (G) 71.94 (H) 62.96
expense
0 0 0 0
contribution received
Outstanding balances for related
party
transactions [Abstract]
Amounts payable related party
(I) 1,947.81 (J) 2,102.19 0 0
transactions
Amounts receivable related party
0 0 0 0
transactions
Outstanding commitments made
by entity, 0 0 0 0
related party transactions
Outstanding commitments made
on behalf
0 0 0 0
of entity, related party transactions
Provisions for doubtful debts related

to
outstanding balances of related party 0 0 0 0
transaction
Expense recognised during period
for bad
0 0 0 0
and doubtful debts for related party
transaction
207
Footnotes
(A) Maintenance Income : 18.96
(B) Corporate Guarantees received : 22000
(C) Corporate Guarantees received : 22000
(D) Corporate gurantee received : 22000
(E) Corporate gurantee received : 22000
(F) Interest payable to Max India : 375.25
(G) Sales Commission Expenses : 71.94
(H) Sales Commission Expenses : 62.96
(I) Loan Balance at year end : 1947.81
(J) Interest payable to Max India : 168.38 Loan Balance at the year end : 1933.81

Categories of related parties [Axis] Subsidiaries [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
related parties
[Abstract]
related
MAX BUPA HEALTH MAX BUPA HEALTH
Antara Assisted Care Antara Assisted Care
Name of related party INSURANCE COMPANY INSURANCE COMPANY
Services Limited Services Limited
LIMITED LIMITED
Country of incorporation or residence
of INDIA INDIA INDIA INDIA
related party
Permanent account number of related
AAFCM7916H AAFCM7916H AALCA0727A AALCA0727A
party
CIN of related party U66000DL2008PLC182918 U66000DL2008PLC182918 U74140DL2012PLC244411 U74140DL2012PLC244411
Description of nature of transactions Retiral benefits of Retiral benefits of
transferred employees, transferred employees,
with Health Insurance Health Insurance
Other Financial Other Financial
related party Liabilities-retiral benefits Liabilities-retiral benefits
Description of nature of related party Fellow Subsidiary/ Fellow Fellow Subsidiary/ Fellow Fellow Subsidiary/ Fellow Fellow Subsidiary/ Fellow
relationship Company Company Company Company
Services received related party
(A) 5.81
transactions
(B) 6.85 (C) 0.6 0
expense
0 0 0 0
Outstanding balances for related
party
Amounts payable related party
0 0 0 0
transactions
Amounts receivable related party
0 0 0 0
transactions
Outstanding commitments made by
entity, 0 0 0 0
Outstanding commitments made on
behalf 0 0 0 0
Provisions for doubtful debts related
to
0 0 0 0
outstanding balances of related party
transaction
Expense recognised during period for
bad
0 0 0 0
and doubtful debts for related party
transaction
208
Footnotes
(A) Health Insurance : 5.81
(B) Health Insurance : 6.85
(C) Sitting Fees : 1

Key management personnel of entity
Categories of related parties [Axis] Subsidiaries [Member]
or parent [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Disclosure of transactions between related parties
[Abstract]
Disclosure of transactions between related
VANA ENTERPRISES VANA ENTERPRISES
Name of related party LIMITED LIMITED
Mr. Analjit Singh Mr. Analjit Singh

INDIA INDIA INDIA INDIA
related party
Permanent account number of related party AABCM5950H AABCM5950H ABLPS7514D ABLPS7514D
CIN of related party U70101PB1999PLC022109 U70101PB1999PLC022109
Sale of club services and Sale of club services and
Description of nature of transactions with
secondment income, secondment income, Security Deposit Security Deposit
related party Advance from customers Advance from customers
Description of nature of related party Fellow Subsidiary/ Fellow Fellow Subsidiary/ Fellow Director of the Director of the
relationship Company Company Holding Company Holding Company
Revenue from rendering of services related
3.51 0
party transactions
Provision of guarantees or collateral to
(A) 187.86 (B) 187.86
Commitments made by entity, related party
2.85 0
transactions
0 0 0 0
Outstanding balances for related party
Amounts payable related party transactions 0 0 0 0
Amounts receivable related party transactions 0 0 0 0
Outstanding commitments made by entity,
0 0 0 0
Outstanding commitments made on behalf
0 0 0 0
Provisions for doubtful debts related to
transaction
Expense recognised during period for bad
and doubtful debts for related party 0 0 0 0
transaction
Footnotes
(A) Security Deposit : 187.86
(B) Security Deposit : 187.86
209

Categories of related parties [Axis] Key management personnel of entity or parent [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
[Abstract]
Name of related party Dr. Shubham Singh Dr. Shubham Singh Ashish Loach Ashish Loach
related party
Permanent account number of related party ABEPS1353C ABEPS1353C ABVPL0724C ABVPL0724C
Salary and Wages
Description of nature of transactions with Salary and Wages
Security Deposit Security Deposit (including
related party (including perquisites)
perquisites)
Description of nature of related party Director of the Director of the
Manager Manager
relationship Holding Company Holding Company
(A) 28.18 (B) 28.18
Other related party transactions expense (C) 37.17 (D) 4.43
0 0 0 0
0 0 0 0
0 0 0 0
transaction
transaction
Footnotes
(A) Security Deposit : 28.18
(B) Security Deposit : 28.18
(C) Salary and Wages (incl. perquisites) : 37.17
(D) Salary and Wages (incl. perquisites) : 4.43
210

Categories of related parties [Axis] Key management personnel of entity or parent [Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
[Abstract]
Name of related party Samridhi Kinra Samridhi Kinra Veer Singh Veer Singh
related party
Permanent account number of related party EHNPK8372P EHNPK8372P ASHPS7471E ASHPS7471E
Rental Income from
Rental Income from
apartments,
apartments,
Maintenance income
Maintenance income
from apartments on
from apartments on
rent, Sale of club
Description of nature of transactions with rent, Sale of club
Salary and Wages Salary and Wages services, Deposit
related party services, Deposit
received from short
received from short
term lease,
term lease, Advances
Advances from
from customers,
customers, Security
Security Deposit
Deposit
Description of nature of related party Brother of Tara Brother of Tara Singh
Company Secretary Company Secretary
relationship Singh Vachani Vachani
Revenue from rendering of services related
(A) 2.64 0
party transactions
15.36 0
Commitments made by entity, related party
0.61 0
transactions
Other related party transactions expense (B) 4.5 (C) 1.65 (D) 1
Other related party transactions income 35.42 0
0 0 0 0
0 0 0 0
0 0 0 0
transaction
transaction
Footnotes
(A) Sale of club services : 2.64
(B) Salary and Wages : 4.5
(C) Salary and Wages : 1.65
(D) Salary and Wages : 2.92 Leave Encashment : 0.15
211

Key management personnel of entity or
Categories of related parties [Axis]
parent [Member]
Related party [Axis] 9
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of transactions between related parties [Abstract]
Disclosure of transactions between related parties [Line items]
Name of related party Sharmila Tagore Sharmila Tagore
Country of incorporation or residence of related party INDIA INDIA
Permanent account number of related party AAIPT1572C AAIPT1572C
Description of nature of transactions with related party Sitting Fees Sitting Fees
Independent
Description of nature of related party relationship Director
Independent Director

Other related party transactions expense (A) 1 (B) 0
Other related party transactions contribution received 0 0
Outstanding balances for related party transactions [Abstract]
Amounts payable related party transactions 0 0
Amounts receivable related party transactions 0 0
Outstanding commitments made by entity, related party transactions 0 0
Outstanding commitments made on behalf of entity, related party transactions 0 0
Provisions for doubtful debts related to outstanding balances of related party
0 0
transaction
Expense recognised during period for bad and doubtful debts for related party
0 0
transaction
Footnotes
(A) Salary and Wages : 4.5
(B) Independent Director Sitting Fees : 1
01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of related party [TextBlock] [See below]
ANTARA SENIOR LIVING
Name of parent entity LIMITED
Whether there are any related party transactions during year Yes Yes
Disclosure of transactions between related parties [TextBlock] [See below]
Whether entity applies exemption in Ind AS 24.25 No No
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 2(87)(i) Section 2(87)(i)
212
Disclosure of related party [Text Block]

Note 38: Related party transactions
A. Name of related party and relationship (with whom transactions are made during the year)
Ultimate Holding Company

Max India Limited
Holding Company
Antara Senior Living Limited
Fellow Subsidiary / Associate Company
Antara Care Homes Limited (formerly known as Antara Gurgaon Senior Living Limited)
Vana Enterprise Limited
Max Bupa Health Insurance Limited (till June 13, 2019)
Director of the Holding Company
Mr. Analjit Singh
Dr. Shubnum Singh
Key Management Personnel (KMP)
Tara Singh Vachani (Non Executive Director)
Ajay Agrawal (Chief financial officer)
Ashish Loach (Manager)
Samridhi Kinra (Company Secretary)
Relative of Director
Veer Singh (Brother of Tara Singh Vachani)
38 B. The following table provides the total amount of transactions that have been entered into with related parties for the relevant financial
year
31, 2020 31, 2019
KMP Compensation *
(Short term employee benefits)
Salary and Wages (incl perquisite) Ashish Loach 37.17 4.43
Samridhi Kinra (Company

Salary and Wages 4.50 1.65
Secretary)

Salary and Wages - 2.92
Secretary)
Independent Director Sitting Fees Sharmila Tagore 1.00 -
Long term employee benefit

Leave encashment - 0.15
Secretary)
Retiral benefits of transferred

Antara Care Homes Limited 0.3029 0
employee
Transaction with related party
Purchase of vehicle Max India Limited 3.53 -
Interest expense on borrowings Max India Limited 229.85 186.09
213
Loan taken by the Company Max India Limited 14.00 1,233.81
Sales Commission expense Antara Senior Living Limited 71.94 62.96

Antara Senior Living Limited 18.96 -
on rent
Max Bupa Health Insurance

Health Insurance 6.85 5.81
Limited
Sale of club services and

Vana Enterprise Limited 3.51 -
secondment income
Rental income for apartments Veer Singh 12.49 -

Veer Singh 22.93 -
on rent
Sale of club services Veer Singh 2.64 -
Deposit received for short term lease Veer Singh 7.68 -
* The remuneration to the key managerial personel does not include the provisions made for Gratuity and Compensated absences, as they are
determined on the actuarial basis for the Company as a whole.
C. The following table provides the year end balances with related parties for the relevant financial year:
2020 2019
Other financial liability - retiral Antara Care Homes

0.30 -
benefits Limited
Security deposit Mr. Analjit Singh 187.86 187.86
Security deposit Dr. Shubnum Singh 28.18 28.18
Advance from customers Vana Enterprise Limited 2.85 -
Advance from customers Veer Singh 0.61 -
Security deposit Veer Singh 7.68 -
Interest payable to Max India Max India 375.25 168.38
Loan balance at the year end Max India 1,947.81 1,933.81
Corporate guarantees received Max India 22,000.00 22,000.00

Corporate guarantees received 22,000.00 22,000.00
Limited
214
Disclosure of transactions between related parties [Text Block]

Note 38: Related party transactions
A. Name of related party and relationship (with whom transactions are made during the year)
Ultimate Holding Company
Max India Limited
Holding Company
Antara Senior Living Limited
Fellow Subsidiary / Associate Company
Antara Care Homes Limited (formerly known as Antara Gurgaon Senior Living Limited)
Vana Enterprise Limited
Max Bupa Health Insurance Limited (till June 13, 2019)
Director of the Holding Company
Mr. Analjit Singh
Dr. Shubnum Singh
Key Management Personnel (KMP)
Tara Singh Vachani (Non Executive Director)
Ajay Agrawal (Chief financial officer)
Ashish Loach (Manager)
Samridhi Kinra (Company Secretary)
Relative of Director
Veer Singh (Brother of Tara Singh Vachani)
215
[611700] Notes - Other provisions, contingent liabilities and contingent assets
Disclosure of contingent liabilities [Table] ..(1)

Other contingent liabilities, others
Classes of contingent liabilities [Axis] Other contingent liabilities [Member]
[Member]
01/04/2019 01/04/2018 01/04/2019 01/04/2018
to to to to
31/03/2020 31/03/2019 31/03/2020 31/03/2019
Disclosure of contingent liabilities [Abstract]
Disclosure of contingent liabilities [Line items]
Description of nature of obligation, contingent Refer to child Textual information Textual information
liabilities member (99) [See below] (100) [See below]
Estimated financial effect of contingent
633.19 633.03 633.19 633.03
liabilities

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of other provisions, contingent liabilities and contingent assets Textual information
[TextBlock] (101) [See below]
Disclosure of contingent liabilities [TextBlock]
Whether there are any contingent liabilities Yes Yes
Textual information Textual information
Description of other contingent liabilities others (102) [See below] (103) [See below]
Description of nature of obligation, contingent liabilities

A vendor had supplied pre-fabricated doors and frames to The Company at Dehradun Community and has filed a recovery claim against The
Company before the Micro Small Entrepreneurs Facilitation Council (MSEF). The Council had instructed the parties to conciliate and settle the
matter amicably. Since, the matter could not be settled, the Council has referred the matter for arbitration to Delhi International Arbitration Centre
("DIAC"). DIAC has called upon the party to file statement of claim to initiate the arbitration proceeding. A vendor had supplied and installed
High Pressure Laminate ("HPL") & Wooden Flooring in Dehradun Community. Vendor has filed a petition under Section 11 of Arbitration and
Conciliation Act, 1996 for appointment of arbitrator. Section 11 petition had been disposed by the High Court and a sole Arbitrator has been
appointed in this matter. Now the statement of claim has to be filed by Vendor before the arbitrator A third party security guard of manpower
vendor has been assigned some other Company location by manpower vendor, a complaint has been filed against Antara and manpower vendor
alleging illegal termination from Antara location. Bonus already paid to him , hence only salary is under dispute
Description of nature of obligation, contingent liabilities

matter amicably. Since, the matter could not be settled, the Council has referred the matter for arbitration to Delhi International Arbitration Centre
("DIAC"). DIAC has called upon the party to file statement of claim to initiate the arbitration proceeding. A vendor had supplied and installed
High Pressure Laminate ("HPL") & Wooden Flooring in Dehradun Community. Vendor has filed a petition under Section 11 of Arbitration and
Conciliation Act, 1996 for appointment of arbitrator. Section 11 petition had been disposed by the High Court and a sole Arbitrator has been
appointed in this matter. Now the statement of claim has to be filed by Vendor before the arbitrator A third party security guard of manpower
vendor has been assigned some other Company location by manpower vendor, a complaint has been filed against Antara and manpower vendor
alleging illegal termination from Antara location. Bonus already paid to him , hence only salary is under dispute
216
Disclosure of other provisions, contingent liabilities and contingent assets [Text Block]
Note 31: Disclosure in respect of Indian Accounting Standard (Ind AS)-37 "Provisions, Contingent Liabilities and Commitments"
(a) Contingent Liabilities (not provided for):
Claim against the Company not acknowledged as debt INR 633.19 lakhs ( as on March 31, 2019 INR 633.03)
As at As at
March March
Details Claim
31, 31,
2020 2019
A vendor had supplied pre-fabricated doors and frames to The Company at Dehradun
Community and has filed a recovery claim against The Company before the Micro Small
Statement of Claim
Entrepreneurs Facilitation Council (MSEF). The Council had instructed the parties to
awaited to be filed 552.26 633.03
conciliate and settle the matter amicably. Since, the matter could not be settled, the Council
by Vendor
has referred the matter for arbitration to Delhi International Arbitration Centre ("DIAC").
DIAC has called upon the party to file statement of claim to initiate the arbitration proceeding.
A vendor had supplied and installed High Pressure Laminate ("HPL") & Wooden Flooring in INR 80.30 lakh
Dehradun Community. Vendor along with interest
has filed a petition under Section 11 of Arbitration and Conciliation Act, 1996 for appointment @ 24% towards
of arbitrator. outstanding
80.3 0
payment for
Section 11 petition had been disposed by the High Court and a sole Arbitrator has been scaffolding,
appointed in this matter. Now the statement of claim has to be filed by Vendor before the demurrage and
arbitrator paint job.
A third party security guard of manpower vendor has been assigned some other Company
Salary from August
location by manpower vendor, a complaint has been filed against Antara and manpower
01, 2019 and bonus 0.63 0.00
vendor alleging illegal termination from Antara location.
for last 2 years.
Bonus already paid to him , hence only salary is under dispute
Total 633.19 633.03
(b) Commitments
Capital commitment
2020 2019
Estimated value of contracts in capital account remaining to be

3571 37.3824
executed
Less: Capital advances 3285.50 -
Total 285.50 37.38
217
Description of other contingent liabilities others

matter amicably. Since, the matter could not be settled, the Council has referred the matter for arbitration to Delhi International Arbitration
Centre ("DIAC"). DIAC has called upon the party to file statement of claim to initiate the arbitration proceeding. A vendor had supplied and
installed High Pressure Laminate ("HPL") & Wooden Flooring in Dehradun Community. Vendorhas filed a petition under Section 11 of
Arbitration and Conciliation Act, 1996 for appointment of arbitrator.Section 11 petition had been disposed by the High Court and a sole Arbitrator
has been appointed in this matter. Now the statement of claim has to be filed by Vendor before the arbitrator A third party security guard of
manpower vendor has been assigned some other Company location by manpower vendor, a complaint has been filed against Antara and
manpower vendor alleging illegal termination from Antara location. Bonus already paid to him , hence only salary is under dispute
Description of other contingent liabilities others

matter amicably. Since, the matter could not be settled, the Council has referred the matter for arbitration to Delhi International Arbitration
Centre ("DIAC"). DIAC has called upon the party to file statement of claim to initiate the arbitration proceeding. A vendor had supplied and
installed High Pressure Laminate ("HPL") & Wooden Flooring in Dehradun Community. Vendorhas filed a petition under Section 11 of
Arbitration and Conciliation Act, 1996 for appointment of arbitrator.Section 11 petition had been disposed by the High Court and a sole Arbitrator
has been appointed in this matter. Now the statement of claim has to be filed by Vendor before the arbitrator A third party security guard of
manpower vendor has been assigned some other Company location by manpower vendor, a complaint has been filed against Antara and
manpower vendor alleging illegal termination from Antara location. Bonus already paid to him , hence only salary is under dispute
[700200] Notes - Corporate social responsibility

01/04/2019
to
31/03/2020
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable on
No
company
[610500] Notes - Events after reporting period

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of events after reporting period [TextBlock]
Date of approval for issue of financial statements 27/05/2020
Disclosure of non-adjusting events after reporting period [TextBlock]
Whether there are non adjusting events after reporting period No No
[612500] Notes - Share-based payment arrangements

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of share-based payment arrangements [TextBlock]
Whether there are any share based payment arrangement No No
218
[613000] Notes - Earnings per share

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Textual information
Disclosure of earnings per share [TextBlock] (104) [See below]
Profit (loss), attributable to ordinary equity holders of parent entity
[Abstract]
Profit (loss), attributable to ordinary equity holders of parent entity 0 0
Profit (loss), attributable to ordinary equity holders of parent
0 0
entity including dilutive effects
Weighted average shares and adjusted weighted average shares [Abstract]
Weighted average number of ordinary shares outstanding [shares] 0 [shares] 0
219
Disclosure of earnings per share [Text Block]

Note 41: Disclosure in respect of Indian Accounting Standard (Ind AS)-33 "Earnings Per Share(EPS)"
a) Basic EPS
Basic EPS amounts are calculated by dividing the profit for the year attributable to equity holders of the parent by the weighted average number
of Equity shares outstanding during the year.
Particulars
2020 2019
Profit / (loss) after tax (7,693.16) (2,894.44)
Earnings used in calculation of basic earnings per share(A) (7,693.16) (2,894.44)
Weighted average number of equity shares outstanding during

26,24,02,690 25,07,99,966
the year (Nos.)
Basic earnings per share (Rs.) (2.93) (1.15)
Face value per equity Share (Rs.) 10.00 10.00
b) Diluted EPS
Diluted EPS amounts are calculated by dividing the profit attributable to equity holders of the parent (after adjusting for interest on the
convertible preference shares) by the weighted average number of Equity shares outstanding during the year plus the weighted average number of
Equity shares that would be issued on conversion of all the dilutive potential Equity shares into Equity shares.
Particulars
31, 2020 31, 2019
Profit (loss) for the year, attributable to the owners of the company (7,693.16) (2,894.44)
Earnings used in calculation of basic earnings per share
Profit attributable to equity holders of the owner adjusted for the effect
(7,693.16) (2,894.44)
of dilution (A)
Weighted average number of ordinary shares for the purpose of basic

26,24,02,690 25,07,99,966.00
earnings per share
Share application money apeding allotment 0 -
Weighted average number of Equity shares adjusted for the effect of

26,24,02,690 25,07,99,966
dilution (B)
Diluted EPS(A/B) (2.93) (1.15)
Since, Pottential Equity Share has Anti-Dilutive Effect on EPS. Hence, we have not taken while computing DEPS
220
[610900] Notes - First time adoption

01/04/2019 01/04/2018
to to
31/03/2020 31/03/2019
Disclosure of first-time adoption [TextBlock]
Whether company has adopted Ind AS first time No No
221

XBRL Financial Statements Duly Authenticated As Per Section 134 (Including Board

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

XBRL Financial Statements Duly Authenticated As Per Section 134 (Including Board

Uploaded by

Copyright:

Available Formats

ANTARA PURUKUL SENIOR LIVING LIMITED

Standalone Financial Statements for period 01/04/2019 to 31/03/2020

[700300] Disclosure of general information about company

Disclosure of principal product or services [Table] ..(1)

[700600] Disclosures - Directors report

Details of directors signing board report [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Your Directors have not

Details on policy development and implementation by company on

Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]

Disclosure of change in nature of business [TextBlock] N A

Details of significant and material orders passed by

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

Total Income 6062.74 6421.98

Impairment expense 5000.00 0.00

Total expenses 6020.61 6444.28

EBITDA (4957.87) (22.30)

Less: Depreciation 285.46 291.46

Less: Finance cost 2490.37 2580.68

Profit / (Loss) Before Tax (7733.70) (2894.44)

Less : Tax Adjustment 40.55 -

Profit / (Loss) After Tax (7693.15) (2894.44)

Other Comprehensive Income 6.48 7.99

Total Comprehensive Income (7699.63) (2886.45)

Review of Operations and Operational Initiatives

inclusion of her name in the data bank.

Key Managerial Personnel

DECLARATION OF INDEPENDENCE BY INDEPENDENT DIRECTOR

Internal Financial Controls

Auditors and Auditors Report

Statutory Auditors Report

Number of meetings of Board of Directors and its Committees

Name and designation Category No. of Meetings

Held during the Financial Year 2019-20 Attended

Mrs. Tara Singh Vachani Non-Executive Director 6 5

Mrs. Sharmila Tagore* Independent Director 6 1

Mr. Rajit Mehta** Non-Executive Director 6 4

Mr. Jatin Khanna Non-Executive Director 6 6

Mrs. Ambica Chaturvedi Non-Executive Director 6 6

Particulars of the Loans, Investment or Guarantees

Particulars of Contracts or Arrangements with Related Parties

Risk Management Policy

Conservation of Energy and Technology Absorption

(iii) Capital investment on energy conservation equipment: Nil

c) Foreign Exchange Earnings and Outgo

The foreign exchange earnings and outgo are given below:

Total Foreign Exchange earned: NIL

Foreign Exchange Outgo

Directors Sitting Fees - -

Marketing expense - 5.58

Capital Work in Progress - -

Extract of Annual Return

Prevention of Sexual Harassment of Women at Workplace

Directors Responsibility Statement

For and on behalf of Board

For Antara Purukul Senior Living Ltd.

Place: New Delhi Tara Singh Vachani Rajit Mehta

Date: May 27, 2020 Director Director

DIN No. 02610311 DIN No. 01604819

Annexure-1: Secretarial Auditor Report for financial year 2019-20

Annexure-2: List of Related Party Transactions for financial year 2019-20