| (Rs. in Million) |
| Particulars | Mar 2024 | Mar 2023 | Mar 2022 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 |
| Share Capital | 53.57 | 6.70 | 6.70 |
| Equity - Authorised | 124.00 | 9.00 | 9.00 |
| Equity - Issued | 53.57 | 6.70 | 6.70 |
| Equity Paid Up | 53.57 | 6.70 | 6.70 |
| Equity Shares Forfeited | 0.00 | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 | 0.00 |
| Face Value | 5.00 | 1.00 | 1.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 |
| Total Reserves | 220.24 | 176.31 | 103.70 |
| Securities Premium | 91.34 | 91.34 | 91.34 |
| Capital Reserves | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 126.79 | 82.86 | 10.25 |
| General Reserves | 2.11 | 2.11 | 2.11 |
| Other Reserves | 0.00 | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | 220.24 | 176.31 | 103.70 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 273.81 | 183.01 | 110.40 |
| Minority Interest | 14.56 | 1.52 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 |
| Secured Loans | 79.83 | 50.35 | 7.16 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 79.83 | 50.35 | 7.16 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 |
| Other Secured | 0.00 | 0.00 | 0.00 |
| Unsecured Loans | 0.00 | 0.00 | 0.00 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 |
| Loans - Others | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loan | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | -3.96 | 0.28 | 0.00 |
| Deferred Tax Assets | 3.96 | 0.99 | 0.00 |
| Deferred Tax Liability | 0.00 | 1.27 | 0.00 |
| Other Long Term Liabilities | 5.54 | 3.76 | 1.60 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 0.00 | 0.00 | 0.00 |
| Total Non-Current Liabilities | 81.41 | 54.39 | 8.76 |
| Current Liabilities | 0 | 0 | 0 |
| Trade Payables | 66.99 | 87.31 | 52.83 |
| Sundry Creditors | 66.99 | 87.31 | 52.83 |
| Acceptances | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 95.99 | 33.95 | 10.12 |
| Bank Overdraft / Short term credit | 0.49 | 0.49 | 0.31 |
| Advances received from customers | 0.00 | 0.07 | 0.41 |
| Interest Accrued But Not Due | 0.00 | 0.00 | 0.00 |
| Share Application Money | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 95.49 | 33.40 | 9.40 |
| Short Term Borrowings | 530.42 | 617.19 | 1080.26 |
| Secured ST Loans repayable on Demands | 118.83 | 5.34 | 35.65 |
| Working Capital Loans- Sec | 118.83 | 5.34 | 35.65 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 411.59 | 611.84 | 1044.60 |
| Other Unsecured Loans | -118.83 | -5.34 | -35.65 |
| Short Term Provisions | 40.16 | 32.99 | 0.27 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 40.16 | 32.99 | 0.27 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 |
| Other Provisions | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 733.55 | 771.44 | 1143.47 |
| Total Liabilities | 1103.34 | 1010.36 | 1262.63 |
| ASSETS | 0 | 0 | 0 |
| Gross Block | 361.89 | 93.36 | 19.05 |
| Less: Accumulated Depreciation | 49.29 | 13.09 | 5.06 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 |
| Net Block | 312.60 | 80.27 | 13.99 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 |
| Non Current Investments | 12.47 | 11.48 | 11.49 |
| Long Term Investment | 12.47 | 11.48 | 11.49 |
| Quoted | 0.00 | 0.00 | 0.00 |
| Unquoted | 12.47 | 11.48 | 11.49 |
| Long Term Loans & Advances | 0.47 | 0.10 | 0.03 |
| Other Non Current Assets | 0.00 | 0.00 | 0.00 |
| Total Non-Current Assets | 325.54 | 91.85 | 25.51 |
| Current Assets Loans & Advances | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 |
| Inventories | 486.05 | 820.73 | 1236.25 |
| Raw Materials | 0.00 | 0.00 | 0.00 |
| Work-in Progress | 486.05 | 820.73 | 1236.25 |
| Finished Goods | 0.00 | 0.00 | 0.00 |
| Packing Materials | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 0.00 | 0.00 |
| Other Inventory | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 213.80 | 58.57 | 0.00 |
| Debtors more than Six months | 22.53 | 0.00 | 0.00 |
| Debtors Others | 191.27 | 58.57 | 0.00 |
| Cash and Bank | 13.70 | 0.36 | 0.07 |
| Cash in hand | 1.08 | 0.07 | 0.04 |
| Balances at Bank | 12.62 | 0.29 | 0.04 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 18.00 | 0.43 | 0.14 |
| Interest accrued on Investments | 0.58 | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.00 | 0.00 | 0.00 |
| Prepaid Expenses | 2.35 | 0.43 | 0.14 |
| Other current_assets | 15.07 | 0.00 | 0.00 |
| Short Term Loans and Advances | 46.25 | 38.42 | 0.66 |
| Advances recoverable in cash or in kind | 4.92 | 0.21 | 0.50 |
| Advance income tax and TDS | 31.62 | 23.70 | 0.13 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 9.71 | 14.51 | 0.04 |
| Total Current Assets | 777.80 | 918.50 | 1237.12 |
| Net Current Assets (Including Current Investments) | 44.25 | 147.06 | 93.65 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 |
| Total Assets | 1103.34 | 1010.36 | 1262.63 |
| Contingent Liabilities | 0.00 | 0.00 | 0.00 |
| Total Debt | 647.59 | 693.01 | 1091.90 |
| Book Value | 25.55 | 27.33 | 16.49 |
| Adjusted Book Value | 25.55 | 17.08 | 10.30 |