| 238 Annual Report | 2024-2025 Financials Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2025 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 56: Disclosures related to dividend declaration pursuant to the RBI Master direction circular RBI/DoR/2023-24/106 DoR.FIN.REC.No.45/03.10.119/2023-24 - Nil Note 57: Foreign currency disclosure Particulars Year ended March 31, 2025 Year ended March 31, 2024 (a) Earnings in foreign currency Miscellaneous income (Sale of accumulated carbon credit) 28.17 - Other operating income (reimbursement income) 183.12 74.12 211.29 74.12 (b) Expenditure in foreign currency (*) Interest on debt securities (Loan processing charges) - 243.09 Other finance charges - 8.31 Recruitment and induction expenses 14.94 - Legal and professional expenses - 15.99 Miscellaneous expenses (Directors sitting fees) - 2.73 14.94 270.12 (*) The above expenditure in foreign currency does not include an amount of ₹0.06 Lakhs (March 31, 2024: Nil) towards dividend paid at 0.001% per annum on conversion of compulsorily convertible preference shares into equity shares in earlier financial year and ₹87.32 lakhs (March 31, 2024: Nil) incurred towards draft red hearing prospectus (DRHP) filing which is shown in other non-financial assets (Refer note 15). Note 58: Disclosure in respect of Corporate Social Responsibility under section 135 of the Act and Rules thereon A CSR committee has been formed by the Company as prescribed under section 135 of the Act. CSR expenses have been incurred throughout the year on the activities as specified in schedule VII of the Act for the year ended March 31, 2025. Particulars Year ended March 31, 2025 Year ended March 31, 2024 (a) Gross amount required to be spent during the year 390.22 - (b) Amount spent during the year (i) Construction/ acquisition of any asset - - (ii) On purposes other than (i) above 383.91 - (c) Shortfall at the end of the year 6.31 - (d) Total of previous years shortfall - - (e) Reason for shortfall (**) - - (f) Nature of CSR activities (*) - - (g) Where a provision is made with respect to a liability incurred by entering into a contractual obligation, the movements in the provision during the year shall be shown separately At the beginning of the year 0.15 5.93 Fresh provision made during the year 6.31 - Payment made during the year 0.15 5.78 At the closing of the year 6.31 0.15 (*) CSR activities includes environmental and social initiatives. In environmental initiatives there are certain projects like disaster relief, financial literacy, promoting health checkup and youth entrepreneurship. (**) The amount not paid as agreed milestone have not yet achieved till the reporting date and the amount subsequently deposited into a separate bank account.
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