175 | Annual Report | 2025-2026 (b) Pension Fund The Company has a defined benefit pension plan. Family members of eligible deceased employee is entitled to pension as per the provisions of the Pension scheme. The liability of pension is recognized on the basis of actuarial valuation. Risks associated with plan provisions Salary increases Actual salary increases will result in increase in the Plan’s liability. Increase in salary rate assumption in future valuations will also increase the liability. Discount rate Reduction in discount rate in subsequent valuations can increase the plan’s liability. Mortality & disability Actual deaths cases proving lower or higher than assumed in the valuation can impact the liabilities. Withdrawals Actual withdrawals proving higher or lower than assumed withdrawals and change of withdrawal rates at subsequent valuations can impact Plan’s liability. (i) Amount recognised in the balance sheet is as under: Particulars As at March 31, 2026 As at March 31, 2025 Present value of obligation - - Net obligation recognised in balance sheet as provision - - (ii) Amount recognised in the statement of profit and loss is as under: Particulars Year ended March 31, 2026 Year ended March 31, 2025 Current service cost - - Past service cost - - Settlement credit - - Net interest on net defined benefit liability/ (asset) - - Immediate recognition of (gains)/ losses - - Payment made during the year - - Net impact on profit (before tax) - - (iii) Movement in the present value of defined benefit obligation recognised in the balance sheet is as under: Particulars As at March 31, 2026 As at March 31, 2025 Present value of defined benefit obligation as at the beginning of the year - 28.21 Current service cost - (28.21) Interest cost - - Benefits paid - - Actuarial loss/ (gain) on obligation Actuarial (gain)/ loss on arising from change in financial assumption - - Actuarial loss on arising from experience adjustment - - Present value of defined benefit obligation as at the end of the year - - Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2026 (cont’d) (All amounts in ₹ lakhs unless otherwise stated) Note 40: Employee benefits (cont’d) b) Defined benefit plans (cont’d)
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