b. Rights, preferences and restrictions attached to equity shares

The company has a single class of equity shares having a par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. Accordingly, all equity shares rank equally with regard to dividends and share in the company’s residual assets. In the event of liquidation of the company, the holders of equity shares will be entitled to receive residual assets of the company, after distribution of all preferential amounts in proportion to the number of equity shares held.

Note-27: Lease

Operating lease: Company as lessee

The Company has not entered into any operating leases for office premises, rentals during for the year.

Operating lease: Company as lessor

At the inception of the lease the Company classifies each of its leases as either an operating leases or a finance lease. The Company recognises lease payments received under operating leases as income on a straight-line basis over lease term.

Lease income recognised in the statement of profit and loss duringthe period ended 31st March, 2025 is Rs.9600000 (March 31, 2024: Rs. 9300000 (Refer note no. 17)

Note-28: Corporate Social Responsibility

A company having: (i) a net worth of Rupees 500 crore or more; (ii) a turnover of Rupees 1000 crore or more; or (iii) a net profit of Rupees 5 crore or more, is required to comply with the CSR provisions specified under Section 135 of the Companies Act, 2013. As the company is not satisfying the requirements as prescribed under section 135, hence, the company is not liable to make any provision.

Note-30: Borrowings secured against current assets

The Company has borrowed a loan against Rent Receivables from HDFC Bank amounting Rs.6 Crore vide Sanction Letter dated 08/02/2024 against security of Rent Receivables during the year. The said charge has been Registered with Registrar of Companies vide Charge ID no. 100909601

Note-31: Loans or Advances disclosures

During the year company does not have granted any Loans or Advances in the nature of loans to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person.

Note-32:Contigent Liabilities

a. No provision has been made in the account for doubtful debts and advances. These all are considered by the management as recoverable.

b. As per the VKS Scheme of the Government of Haryana through HLDB, Panchkula vide Notification No. 4250 (CFMS)-AH-4-2024/4746 dated 14.08.2024, the following liabilities were finalized:

Interest: ^1,27,89,609.00

Milk Cess: ^47,65,000.00

Total Payable: ^1,75,54,609.00

A provision amounting to ^1,37,91,250.00 had already been made in the books of accounts in respect of these dues.

In accordance with legal provisions, this provision was written off.

The remaining balance amount was settled by HDFC Bank, with:

50% paid on 10th September 2024 Remaining 50% paid on 11th November 2024

This adjustment resulted in a significant negative impact on the net profit of the entity for the financial year, primarily due to the difference between the provision made and the final liability paid.

(A) The pending court cases against and for the company is as under:

1. Company V/s Shree Ganesh Trading Co. Kurukshetra, Kurukshetra Court for Rs 128693 Interest Court cases for recovery u/s 138

1. Company vs. J Rai Milk Food Industry, Jalandhar in the Kurukshetra Court, Haryana for Rs. 2,04,00,000/-Cases under MSME

1) In the matter of Company vs. Rana Milk Food Pvt. Ltd., in the council Micro and Small Enterprises Facilitation Council (MSEFC) for recovery of due amount Rs. 21,10,000/

2) I n matter of Company vs. Creamy Dairy Industries Pvt. Ltd., in the council Micro and Small Enterprises Facilitation Council (MSEFC) for recovery of due amount Rs. 15,88,920/-.

Note-33 Other Statutory Compliance

(i) The Company do not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any Benami property

(ii) The Company do not have any transactions with companies struck off.

(iii) The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

(iv) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year

(v) The Company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries), or

b. provide any guarantee, security or the I ike to or on behalf of the Ultimate Beneficiaries

(vi) The Company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries),or

b. provide any guarantee, security or the like on behalf ofthe Ultimate Beneficiaries.

(vii) The Company have not any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.

(viii) During the previous year ended 31st March, 2021 the Central Government has published The Code on Social Security, 2020 and Industrial Relations Code, 2020 ("the Codes") in the Gazette of India, inter alia, subsuming various existing labour and industrial laws which deals with employees related benefits including post employment. The effective date of the code and the rules are yet to be notified. The impact of the legislative changes, if any, will be assessed and recognised post notification of the relevant provisions.

Note-34: There are no subsequent event observed after the reporting period which have the material impact on the company's operations.

Note-35: Significant accounting policies and practices adopted by the Company are disclosed in the statement annexed to these financial statements as Annexure I.

Note-36: Previous year figures have been regrouped / reclassified, where necessary, to confirm to this year's classification.