Arohan Annual Report FY 20-21

Note 20: Other financial liabilities As at 31 March 2021 As at 31 March 2020 (Measured at amortised cost) Payable towards assignment 1,791.57 6,793.49 Employees dues 1,282.43 1,017.38 Lease liabilities 565.07 784.64 Capital creditors - 0.43 Liability for expenses 1,306.13 32.91 Other payables 1,756.19 402.95 Total 6,701.39 9,031.80 Note 21: Current tax Liability (net) As at 31 March 2021 As at 31 March 2020 Provision for taxes (net of advance tax and TDS) - 44.25 Total - 44.25 Note 22: Provisions As at 31 March 2021 As at 31 March 2020 Provision for gratuity 951.02 789.65 Provision for compensated absences 837.49 633.30 Total 1,788.51 1,422.95 Note 23: Other non-financial liabilities As at 31 March 2021 As at 31 March 2020 Statutory dues 483.25 375.30 Expenses payable 914.37 1,168.65 Advance from customers 709.49 463.31 Others 138.27 1.44 Total 2,245.38 2,008.70 Note 24: Share capital As at 31 March 2021 As at 31 March 2020 Number Amount Number Amount Authorised share capital Equity shares of INR 10 each 16,00,00,000 16,000.00 11,24,53,320 11,245.33 Balance at the end of the year 16,00,00,000 16,000.00 11,24,53,320 11,245.33 Issued, subscribed and fully paid up Equity shares of INR 10 each At the beginning of the year 11,03,20,974 11,032.10 10,26,73,916 10,267.39 Additions during the year [refer note (a) below] 98,56,329 985.63 76,47,058 764.71 Balance at the end of the year 12,01,77,303 12,017.73 11,03,20,974 11,032.10 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2021 (Contd.) a. The Company has issued 80,06,329 equity shares of INR10 each during the year on a private placement basis at a price of INR210 each including premium of INR200 each (31 March 2020: 76,47,058 equity shares of INR10 each on a private placement basis at a price of INR170 each including premium of INR160 each). Further, the Company has issued 8,50,000 equity shares of INR10 each under the Arohan ESOP plan 2018 and 10,00,000 equity shares of INR10 each under the Arohan ESOP plan 2021. b. Terms and rights attached to equity shares: The Company has only one class of equity shares having a par value of INR 10 per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividend in Indian rupees, if any. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing general meeting. During the current financial period the Company has not proposed/declared any dividend. In the event of liquidation of the Company, the holders 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. c. No additional shares were allotted as fully paid-up by way of bonus shares or pursuant to contract without payment being received in cash during the last five years. Further, none of the shares were bought back by the Company during the last five years. Annual Report | 2020-2021 154