2.18 Provisions and Contingencies

Provisions: A provision is recognized when the
Company has a present obligation as a result of 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. If the effect of
the time value of money is material, provisions are
discounted using a current pre-tax rate that reflects,
when appropriate, the risks specific to the liability.
These estimates are reviewed at each reporting date

and adjusted to reflect the current best estimates.
The expense relating to a provision is presented in
the statement of profit and loss.

A contingent liability is a possible obligation that
arises from past events whose existence will be
confirmed by the occurrence or non-occurrence of
one or more uncertain future events beyond the
control of the Company or a present obligation that
is not recognized because it is not probable that an
outflow of resources will be required to
settle the obligation. A contingent liability also arises
in extremely rare cases where there is a liability that
cannot be recognized because it cannot be measured
reliably. An application filed under section 8 of
Insolvency and Bankruptcy code 2016 of IBC by
M/s. Thaicom Public company limited for

enforcement of a Foreign Arbitration award
amounting to US$ 9,54,825.24 and the

company had filed a Joint Memo dated May 09, 2024
NCLT for a mutual settlement Company agreed to
pay a sum of USD 11,38,086.23 as a full and final
settlement and same has been paid to the M/s
Thaicom Public Company Limited sum of USD

11,38,086.23 equivalent to INR 9,67,38,344/-. M/s
Thaicom Public Limited Company has been
withdrawn petition and the order of dismissal, dated
30th May, 2024, issued by NCLT.

i. The Borrowings from M/s Canara bank in terms of Overdraft Facility, Term loan and corporate loan availed are secured
primarily by Hypothecation of Book debts and assignment of film acquisition rights and other contents and collateral
securities respectively and the details of Collaterals are :

Commercial property Ground and Premises bearing Old Door No. 14, Sub-divided Plot No. 5-A, forming part of the
approved sub-divided layout bearing L.A.No. 142/58, New Door No.28, Poes Road Second Street, Teynampet, Chennai
600018, in extent 3800 sq.ft or thereabouts, comprised in R.S.No. 1404/1 Part, C.C.No.1945 of Mylapore Division,
Mylapore-TriplicaneTaluk, Chennai District.

Commercial property and Premises bearing Old Door No. 13, Present Door No.30,Poes Road Second Street, Teynampet,
Chennai 600018, of an extent of 3950 sq.ft or thereabouts bearing Plot No.3B and Part No.4 forming part of the
approved layout bearing No.85 /1951, comprised inR.S.No. 1404/1 as per pattasR.S.No. 1404/5 and R.S.No.1404/17,
Block No.28 of Mylapore Revenue Village,Mylapore-TriplicaneTaluk, Chennai District.

Commercial property bearing Old door No.15, New Door No.16, Poes Road Second Street Teynampet, Chennai-600018,
of an extent of 5170 Sq.ft. or thereabouts, whichis inclusive of the ,12' wide passage, bearing Plot No.5-B, sub-divided
layout bearing No.LA 142/58, comprised in R.S.No.1404/1 part, Block No.28 C.C.No-1945 of Mylapore Revenue
Division, Mylapore-TriplicaneTaluk, Chennai District,admeasuring North to South on the Eastern side 182'8"", an the
Western side 83'6“ , East to West on the Northern side 54'10"" and on the Southern side 37'8“ in all measuring 2
grounds and 370 Sq.ft. which is inclusive as per patta measurement 2 Grounds and 534 Sq.Ft of the 12 wide passage
area.

Commercial property all that piece and parcel of land with buildings bearing New Door No. 32, Old Door No. 12, Poes
Road, Teynampet, Chennai - 600 018,Comprised in R.S.No. 1404/1, (as per U.L.T. records R.S.No. 1404/7), C.C.No. 1945
of Mylapore Village, Mylapore - TriplicaneTaluk, Chennai District, measuring about 3650 Sq.Ft., admeasuring East to
West on the Southern side 73 Feet, Northern side 73”.3” and North to South on both sides 50 Feet.

Commercial property all that piece and parcel of land with buildings bearing Old Door No. 51, New Door No. 12, Poes
Road, Teynampet, Chennai - 600 018, in extent of 2 Grounds and 1602 sq.ft., or thereabouts, comprised in S.No.
1404/19, Block No. 28, Mylapore Revenue Division,Mylapore - TriplicaneTaluk, Chennai District.

Commercial property all that piece and parcel of land with buildings bearing Old Door No. 52, New Door No. 10, Poes
Road, Teynampet, Chennai - 600 018, in extent of 1245 sq.ft., or thereabouts, comprised in R. S. No. 1404/1 Part, and
R. S. No. 1454, Block No. 28, Mylapore Revenue Division, Mylapore - Triplicane Taluk, Chennai District

Commercial property - Building , ground and premises bearing Door.No.53/1 and 53/2, Poes Road, Teynampet,
Chennai 600 018, in extent 2550 Sq., ft., or there about, comprised in R. S. No. 1404/1 part, present R. S. No. 1404/4,
1404/21 Block No. 28 of Mylapore Revenue Division, Mylapore - Triplicane Taluk, Chennai District.

Commercial property all that Property MCH No.8-2-293/82/A/656/1, (PTIN No. 1100856866) on Plot No. 656/1,
forming Part of Schedule No. 403/1, Old, 120 New, of Shaikpet Village & 102/1 of Hakimpet Village, admeasuring 683
Square Yards, situated at Road No.34, Jubilee Hills, Hyderabad.

ii. Vehicle loan from HDFC Bank availed during the year carries interest @ 12.00% p.a. and is repayable in 20 equated
monthly instalments. The vehicle loan is secured primarily by Hypothecation of Vehicle.

34 All Amounts mentioned in financial statement represents for the year ended 31.03.2025.

35 Previous year figures have been properly carry forward to this year as comparative figures.

36 All amounts in the financial statements have been rounded off to thousands.

Notes Forming Part of the Financial Statements.

The accompanying notes form an integral part of the financial statements.

As per our report of even date attached.

For N.Naresh & Co., For and on behalf of the Board of Directors

Chartered Accountants Raj Television Network Limited

Firm.Reg.No.011293S

E Kumar Raajhendhran.M M. Ravindran

Partner Managing Director Director

Membership Number:217549 DIN: 00821144 DIN: 00662830

Place: Chennai S.Jeyaseelan Priyanka Mudaliyar

Date: May 20, 2025 Chief Financial Officer Company Secretary