| 216 Annual Report | 2024-2025 Financials c. Security Receipt's (SR's) held and recovery ratings assigned to such SR's by the credit rating agency (Refer note 8). Particulars Category of recovery ratings As at March 31, 2025 (₹ in lakhs) Security Receipts under trust floated by ARC (FY 23-16) IND RR3 (50%-75%) 2,704.00 Security Receipts under trust floated by ARC (FY 23-36) IND RR3 (50%-75%) 2,577.20 The Company has not transferred any stressed loans to Asset Reconstruction Companies ('ARCs') during the year ended March 31, 2025. The Company had sold loans to an ARC in previous financial years and Security Receipts ('SRs') were received as considerations for the transfer of loans. However, as the legal form of the asset has changed from loans to investments, it is accounted under investments. SRs have followed the same measurement / classification approach and ECL has been recognized in a similar manner as applicable to the underlying loans. As at March 31, 2025, gross carrying amount of SRs is ₹5,281.20 lakhs, impairment loss allowance on SR is ₹3,400 lakhs and net carrying amount of SR is ₹1,881.20 lakhs. E) Details of Credit Default Swaps - Nil v) Asset Liability Management Disclosures relating to maturity pattern of certain items of assets and liabilities are given in note 53. vi) Exposures A) Exposure to Real Estate Sector The Company did not have any exposure to real estate sector during the current and previous year. B) Exposure to Capital Market The Company did not have any exposure to capital market during the current and previous year. C) Details of financing of parent company products The Company does not have a parent company and accordingly disclosures is not required. D) Details of Single Borrower Limit (SBL)/Group Borrower Limit (GBL) exceeded by the NBFC There are no instances of exceeding the single and group borrowing limit by the Company during the current and previous year. E) Unsecured Advances - Refer note 7. vii) Miscellaneous A) Registration obtained from other financial sector regulators The Company has obtained a certificate of registration under registration number CA0891 dated January 04, 2024 to act as Corporate Agent (Composite) under Insurance Regulatory and Development Authority of India (IRDA) and having Corporate Identity Number of U74140WB1991PLC053189 under Ministry of Corporate affairs. B) Disclosure of penalties imposed by RBI and other regulators No penalties (March 31, 2024: nil) has been paid to Reserve Bank of India. C) Disclosure of intra-group exposures The Company has no intra-group exposures for the current and previous year. D) Disclosure of unhedged foreign currency exposure The Company has no unhedged foreign currency exposure for the current and previous year. Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2025 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 48: Disclosures pursuant to the RBI Master direction circular RBI/DoR/2023-24/106 DoR.FIN. REC.No.45/03.10.119/2023-24 (cont'd) D) Details of non-performing financial assets purchased/sold (cont'd)
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