u) Provisions and Contingent Liabilities:

Contingent Liabilities are disclosed in respect of possible
obligations that arise from past events but their existence will
be confirmed by the occurrence or non-occurrence of one
or more uncertain future events not wholly within the control
of the Company or where any present obligation cannot be
measured in terms of future outflow of resources or where a
reliable estimate of the obligation cannot be made.

Provisions are recognised when the Company has a
present legal or constructive obligation as a result of past
events, it is probable that an outflow of resources will be
required to settle the obligation and the amount can be
reliably estimated. Provisions are not recognised for future
operating losses.

Provisions are measured at the present value of
management's best estimate of the expenditure required
to settle the present obligation at the end of the reporting
period. The discount rate used to determine the present value
is a pre-tax rate that reflects current market assessments of
the time value of money and the risks specific to the liability.
The increase in the provision due to the passage of time is
recognised as interest expense.

Where there are a number of similar obligations, the
likelihood that an outflow will be required in settlement is
determined by considering the class of obligations as a
whole. A provision is recognized even if the likelihood of an
outflow with respect to any one item included in the same
class of obligations may be small.

A contingent asset is disclosed, where an inflow of
economic benefits is probable. An entity shall not recognise
a contingent asset unless the recovery is virtually certain.

v) Commitments:

Commitments are future liabilities for contractual
expenditure, classified and disclosed as follows:

(i) estimated amount of contracts remaining to be
executed on capital account and not provided for;

(ii) uncalled liability on shares and other
investments partly paid.

(iii) funding related commitment to subsidiary
companies; and

(iv) other non-cancellable commitments, if any, to the
extent they are considered material and relevant in
the opinion of management.

Other commitments related to sales/procurements made in
the normal course of business are not disclosed to avoid
excessive details.

w) Cash and Cash Equivalents:

For the purpose of presentation in the statement of cash
flows, cash and cash equivalents includes cash on hand,
deposits held at call with financial institutions, other short¬
term, highly liquid investments with original maturities of
three months or less that are readily convertible to known
amounts of cash and which are subject to an insignificant
risk of changes in value net of outstanding bank overdraft.

x) Impairment of assets:

Intangible assets that have an indefinite useful life are not
subject to amortisation and are tested annually for impairment,
or more frequently if events or changes in circumstances
indicate that they might be impaired. Other assets are tested
for impairment whenever events or changes in circumstances
indicate that the carrying amount may not be recoverable.
An impairment loss is recognised for the amount by which
asset's carrying amount exceeds its recoverable amount. The
recoverable amount is higher of an asset's fair value less cost
of disposal and value in use. For the purposes of assessing
impairment, assets are grouped at the lowest levels for which
there are separately identifiable cash inflows which are largely
independent of the cash inflows from other assets or group of
assets (cash-generating units). Non-financial assets other than
goodwill that suffered impairment are reviewed for possible
reversal of the impairment at the end of each reporting period.

y) Exceptional items:

An item of income or expense which by its size, type or incidence
requires disclosure in order to improve an understanding of
the performance of the Company is treated as an exceptional
item and disclosed as such in the financial statements.

z) Investment in subsidiaries:

Investments in subsidiaries are carried at cost less accumulated
impairment losses, if any. Where an indication of impairment
exists, the carrying amount of the investment is assessed and
written down immediately to its recoverable amount. On
disposal of investments in subsidiaries and associates, the
difference between net disposal proceeds and the carrying
amounts are recognised in the Statement of Profit and Loss.

aa) Earnings Per Share

i. Basic earnings per share: Basic earnings per
share is calculated by dividing:

• the profit attributable to owners of the Company

• by the weighted average number of equity shares
outstanding during the financial year, adjusted
for bonus elements in equity shares issued
during the year and excluding treasury shares.

ii. Diluted earnings per share: Diluted earnings
per share adjusts the figures used in the determination
of basic earnings per share to take into account:

• the after income tax effect of interest and other
financing costs associated with dilutive potential
equity shares, and

• the weighted average number of additional
equity shares that would have been outstanding
assuming the conversion of all dilutive
potential equity shares.

ab) Contributed Equity:

Equity shares are classified as equity.

Incremental costs directly attributable to the issue of new
shares or options are shown in equity as a deduction, net of
tax, from the proceeds.

ac) Business Combinations:

Business combinations are accounted for using the acquisition
accounting method as at the date of the acquisition, which
is the date at which control is transferred to the Company.
The consideration transferred in the acquisition and the
identifiable assets acquired and liabilities assumed are
recognised at fair values on their acquisition date. Goodwill is
initially measured at cost, being the excess of the aggregate of
the consideration transferred and the amount recognised for
non-controlling interests, and any previous interest held, over
the net identifiable assets acquired and liabilities assumed.
The Company recognises any non-controlling interest in the
acquired entity on an acquisition-by-acquisition basis either
at fair value or at the non-controlling interest's proportionate
share of the acquired entity's net identifiable assets.
Consideration transferred does not include amounts related
to settlement of pre-existing relationships. Such amounts are
recognised in the Statement of Profit and Loss.

Transaction costs are expensed as incurred, other than those
incurred in relation to the issue of debt or equity securities.
Any contingent consideration payable is measured at fair
value at the acquisition date. Subsequent changes in the
fair value of contingent consideration are recognised in the
Statement of Profit and Loss.

Business combinations arising from transfers of interests in
entities that are under common control of the shareholder that
controls the Company and the acquired entity are accounted
for as if the acquisition had occurred at the beginning of
the earliest comparative period presented or, if later, at the
date that common control was established; for this purpose
comparatives are revised. The assets and liabilities acquired
are recognized at their carrying amounts. The identity of
the reserves is preserved and they appear in the financial
statements of the Company in the same form in which they
appeared in the financial statements of the acquired entity. The
difference, if any, between the consideration and the amount
of share capital of the acquired entity is transferred to Other
equity in a separate reserve account.

ad) Dividend:

Provision is made for the amount of any dividend declared,
being appropriately authorised and no longer at the
discretion of the entity, on or before the end of the reporting
period but not distributed at the end of the reporting period.

ae) Rounding off:

All amounts disclosed in the financial statement and
notes have been rounded off to the nearest crore, unless
otherwise stated.

Transactions and balances with values below the rounding
off norm adopted by the Company have been reflected as
"0" in the relevant notes in these financial statements.

af) Recent Indian Accounting Standards (Ind AS):

Ministry of Corporate Affairs ("MCA") notifies new standards
or amendments to the existing standards under Companies
(Indian Accounting Standards) Rules as issued from time to
time. For the year ended March 31, 2025, the MCA has
notified Ind AS - 117 'Insurance Contracts' and amendments
to Ind AS 116 - Leases, relating to sale and leaseback
transactions, applicable to the Company w.e.f. April 1,2024.
The Company has reviewed the new pronouncements and
based on evaluation; it has determined that it does not have
any significant impact on its financial statements.

2. Critical Estimates and Judgements

The preparation of financial statements requires the use of accounting estimates which, by definition, will seldom equal the actual
results. Management also needs to exercise judgement in applying the company's accounting policies. This note provides an overview
of the areas that involved a higher degree of judgement or complexity, and of items which are more likely to be materially adjusted
due to estimates and assumptions turning out to be different than those originally assessed. Detailed information about each of these
estimates and judgements is included in relevant notes together with information about the basis of calculation for each affected line
item in the financial statements.

Information about critical estimates & assumptions that have a significant risk of causing material adjustment to the carrying amounts
of assets & liabilities are included in the following notes:

(a) Impairment of financial assets (including trade receivable) (Note 27)

(b) Estimation of defined benefit obligations (Note 15)

(c) Estimation of current tax expenses and payable (Note 25)

(d) Estimated impairment of intangible assets with indefinite useful life (Note 5)

(e) Estimation of provisions & contingencies (Note 14 and 31)

(f) Recognition of deferred tax assets including MAT credit (Note 7)

(g) Lease Accounting (Note 3(b))

(h) Impairment of investment in subsidiaries (Note 6a)

(a) Impairment of financial assets (including trade receivable)

Impairment testing for financial assets (other than trade receivables) is done at least once annually and upon occurrence of
an indication of impairment. The recoverable amount of the individual financial asset is determined based on value-in-use
calculations which required use of assumptions.

Allowance for doubtful trade receivables represent the estimate of losses that could arise due to inability of the Customer to make
payments when due. These estimates are based on the customer ageing, customer category, specific credit circumstances & the
historical experience of the Group as well as forward looking estimates at the end of each reporting period.

(b) Estimation of defined benefit obligations

The liabilities of the Group arising from employee benefit obligations & the related current service cost, are determined on an
actuarial basis using various assumptions. Refer Note 15 for significant assumptions used.

(c) Estimation of current and deferred tax expenses and payable

The Group's tax charge is the sum of total current and deferred tax charges. Taxes recognized in the financial statements reflect
management's best estimate of the outcome based on the facts known at the balance sheet date. These facts include but are not
limited to interpretation of tax laws of various jurisdictions where the Group operates. Any difference between the estimates &
final tax assessments will impact the income tax as well as the resulting assets & liabilities.

(d) Estimated impairment of intangible assets with indefinite useful life

The Intangible assets with indefinite useful life comprises of Trademark and Copyrights

Impairment testing for intangible assets with indefinite useful life is done at least once annually and upon occurrence of an
indication of impairment. The recoverable amount is determined based on the fair value (less) cost of disposal which has been
measured using discounted cash flow projections, that require the use of assumptions.

The growth rates & margins used to estimate future performance are based on past performance & our estimates of future growths
& margins achievable. Post-tax discount rates reflect specific risks relating to the relevant segments & geographies in which the
CGUs operate. Based on sensitivity analyses performed around the base assumptions, there were no reasonably possible changes
in key assumptions that would cause the carrying amount to exceed the recoverable amount.

(e) Estimation of provisions & contingencies

Provisions are liabilities of uncertain amount or timing recognised where a legal or constructive obligation exists at the balance
sheet date, as a result of a past event, where the amount of the obligation can be reliably estimated and where the outflow of
economic benefit is probable. Contingent liabilities are possible obligations that may arise from past event whose existence will be
confirmed only by the occurrence or non-occurrence of one or more uncertain future events which are not fully within the control
of the Group. The Group exercises judgement & estimates in recognizing the provisions and assessing the exposure to contingent
liabilities relating to pending litigations. Judgement is necessary in assessing the likelihood of the success of the pending claim &
to quantify the possible range of financial settlement. Due to this inherent uncertainty in the evaluation process, actual losses may
be different from originally estimated provision.

(f) Recognition of deferred tax assets including MAT credit

The recognition of deferred tax assets is based upon whether it is more likely than not that sufficient and suitable taxable profits will
be available in the future against which the reversal of temporary differences can be deducted. Where the temporary differences
are related to losses, relevant tax law is considered to determine the availability of the losses to offset against the future taxable
profits. Deferred tax assets are reviewed at each reporting date and reduced to the extent that it is no longer probable that the
related tax benefit will be realised.

(g) Recognition of MAT credit entitlements:

The credit availed under MAT is recognised as an asset only when and to the extent there is convincing evidence that the company
will pay normal income tax during the period for which the MAT credit can be carried forward for set off against the normal tax
liability. This requires significant management judgement in determining the expected availment of the credit based on business
plans and future cash flows of the Company.

(h) Lease Accounting

The Company evaluates if an arrangement qualifies to be a lease as per the requirements of Ind AS 116. Identification of a lease
requires significant judgment. The Group uses significant judgement in assessing the lease term (including anticipated renewals)
and the applicable discount rate.

The Company determines the lease term as the non-cancellable period of a lease, together with both periods covered by an
option to extend the lease if the Group is reasonably certain to exercise that option; and periods covered by an option to
terminate the lease if the Group is reasonably certain not to exercise that option. In assessing whether the Group is reasonably
certain to exercise an option to extend a lease, or not to exercise an option to terminate a lease, it considers all relevant facts and
circumstances that create an economic incentive for the Group to exercise the option to extend the lease, or not to exercise the
option to terminate the lease. The Group revises the lease term if there is a change in the non-cancellable period of a lease.

The discount rate is generally based on the incremental borrowing rate specific to the lease being evaluated or for a portfolio of
leases with similar characteristics.

The Company has considered leases with term up to 12 (Twelve) months as short term leases. Also leases where the value of the
asset is less than Rs 350,000 have been considered as low value. Such short term and low value leases are accordingly excluded
from the scope for the purpose of Ind AS 116 reporting.

(i) Impairment of investment in subsidiaries

Impairment testing of investment in subsidiaries is done at least once annually and upon occurrence of an indication of
impairment. The recoverable amount of the individual investment is determined based on value-in-use calculations which requires
use of assumptions.

Notes:-

(i) Gratuity

The Company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in
continuous service for a period of 5 years and more are eligible for gratuity. The amount of gratuity payable on retirement/
termination is the employee's last drawn basic salary per month computed proportionately for 15 days salary multiplied by the
number of years of service. The gratuity plan is funded through gratuity trust and the company makes contributions to the trust.

(ii) Provident fund

Contributions are made to a trust administered by the Company. The Company's liability is actuarially determined (using the
Projected Unit Credit method) at the end of the year and any shortfall in the fund balance maintained by the trust set up by the
Company, is additionally provided for. There is no shortfall as at 31^st March, 2025 and 31^st March, 2024.

(iii) Leave Encashment/ compensated absences.

The Company provides for the encashment of leave with pay subject to certain rules. The employees are entitled to accumulate
leave subject to certain limits, for future encashment / availment. The liability is provided based on the number of days of
unutilized leave at each Balance Sheet date on the basis of an independent actuarial valuation. Current leave obligations expected
to be settled within the next 12 months.

(iv) Share-appreciation rights

In respect of Employee Stock Appreciation Rights (STAR) granted pursuant to the Company's Employee Stock Appreciation Rights
Plan, 2011, the liability is measured, initially and at the end of each reporting period until settled, at the fair value of the share
appreciation rights, by applying an option pricing model, (excess of fair value as at the period end over the Grant price) and is
recognized as employee compensation cost over the vesting period (refer note 33).

The privileged leave liability is not funded.

(d) Employee State Insurance Corporation

The Company has recognised Rs. 0 crore (Rs.0 crore for the year ended 31^st March 2024) towards employee state insurance plan
in the Statement of Profit and Loss.

(e) Risk exposure (For Gratuity and Provident Fund)

Through its defined benefit plans, the company is exposed to below risk:

Asset volatility : The plan liabilities are calculated using a discount rate set with reference to bond yields; if plan assets underperform
this yield, this will create a deficit. Most of the plan assets have investments in insurance/equity managed fund, fixed income
securities with high grades, public/private sector units and government securities. Hence assets are considered to be secured.

Changes in bond yields : A decrease in bond yields will increase plan liabilities, although this will be partially offset by an increase
in the value of the plans' bond holdings.

The Trust ensures that the investment positions are managed within an asset-liability matching (ALM) framework that has been
developed to achieve long-term investments that are in line with the obligations under the employee benefit plans. Within this
framework, the group's ALM objective is to match assets to the obligations by investing in long-term fixed interest securities with
maturities that match the benefit payments as they fall due.

Defined benefit liability and employer contributions

The weighted average duration of the gratuity for the Company ranges from 5 to 10 years as at 31^st March 2025 and
31^st March 2024.

VI. Nature of CSR activities include promoting education, health care including preventive health care , economic, empowerment,
farmer livelihood enhancement, community and ecological sustenance.

VII. Above includes Rs 14.54 crores (FY 2023-24 Rs. 10.48 crores) -

Contribution amounting to Rs. 5.37 crores (FY 2023-24 Rs. 1.60 crores) made to Marico Innovation Foundation (MIF) ,
a subsidiary of the Company, which is a Section 25 registered Company under Companies Act, 1956, with the main
objectives of fuelling innovation in India. The focus of the foundation is to work with people who have scalable ideas and
help them scale it to benefit India in a direct way. MIF has already done work in the areas of renewable energy, waste
management, employability, livelihoods and healthcare.

Contribution amounting to Rs. 9.17 crores (FY 2023-24 Rs. 8.88 crores), made to Parachute Kalpavriksha Foundation (PKF) ,
a subsidiary of the Company, which is also Section 8 registered Company under Companies Act, 2013, with the main
objectives of undertaking/channelizing the CSR activities of the Company towards community and ecological sustenance.

VIII. The Company does not carry any provisions for Corporate social responsibility expenses for current year and previous year.

c) Research and Development expenses aggregating to Rs. 45.62 crores have been included under the relevant heads in the Statement
of Profit and Loss. (Previous year ended 31^st March, 2024 aggregating Rs. 45 crores). Further Capital expenditure pertaining to
this of Rs. 4.25 crore have been incurred during the year (Previous year ended 31^st March, 2024 aggregating Rs. 1 Crore).

The fair value of financial instruments as referred to in note above has been classified into three categories depending on the
inputs used in the valuation technique. The hierarchy gives the highest priority to quoted prices in active market for identical
assets or liabilities (level 1 measurement) and lowest priority to unobservable inputs (level 3 measurements). The categories used
are as follows:

Level 1: Financial instruments measured using quoted prices.

Level 2: The fair value of financial instruments that are not traded in an active market (for example, over-the-counter derivatives) is
determined using valuation techniques which maximise the use of observable market data and rely as little as possible on entity-
specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is considered here.
For example, the forward contracts is valued based on Mark to Market statements from banks, the mutual funds and exchange
traded funds are valued using the closing NAV published by issuer.

Level 3: The fair value of financial instruments that are measured on the basis of entity specific valuations using inputs that are not
based on observable market data (unobservable inputs).

Cash and cash equivalents, trade receivables, investments in term deposits , other financial assets (except derivative financial
instruments), trade payables, and other financial liabilities (except derivative financial instruments) have fair values that
approximate to their carrying amounts due to their short-term nature.

27 Financial Risk Management
Financial Risks

In the course of its business, the Company is exposed to a number of financial risks: credit risk, liquidity risk, market risk (including
foreign currency risk, interest rate risk and commodity price risk). This note presents the Company's objectives, policies and processes
for managing its financial risk and capital.

Board of Directors of the Company have approved Risk Management Framework through Investment, Borrowing and Foreign Exchange
Management policy. Management ensures the implementation of strategies and achievement of objectives as laid down by the Board
through central Treasury function.

Treasury Management Guidelines define, determine & classify risk, by category of transaction, specific approval, execution and
monitoring procedures.

In accordance with the aforementioned policies, the company only enters into plain vanilla derivative transactions relating to assets,
liabilities or anticipated future transactions.

(A) Credit Risk

Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the company.
Credit risk arises on liquid assets, financial assets, derivative assets, trade and other receivables.

In respect of its investments the company aims to minimize its financial credit risk through the application of risk management
policies. Credit limits are set based on a counterparty value. The methodology used to set the list of counterparty limits includes,
counterparty Credit Ratings (CR) and sector exposure. Evolution of counterparties is monitored regularly, taking into consideration
CR and sector exposure evolution. As a result of this review, changes on credit limits and risk allocation are carried out. The
company avoids the concentration of credit risk on its liquid assets by spreading them over several asset management companies
and monitoring of underlying sector exposure.

Trade receivables are subject to credit limits, controls and approval processes. Concentration of credit risk with respect to trade
receivables are limited, due to the Company's customer base being large and diverse. All trade receivables are reviewed and
assessed for default on a regular basis. Our historical experience of collecting receivables indicate a low credit risk. Hence, trade
receivables are considered to be a single class of financial assets. The Company follows simplified approach wherein an amount
equal to lifetime ECL is measured and recognised as loss allowance depending on the customer ageing, customer category,
specific credit circumstances and the historical experience of the Company.

(B) Liquidity Risk

Prudent liquidity risk management implies maintaining sufficient cash and marketable securities and the availability of funding
through an adequate amount of committed credit facilities to meet obligations when due and to close out market positions. Due to
the dynamic nature of the underlying businesses, company treasury maintains flexibility in funding by maintaining availability of
committed credit lines.

The current ratio of the company as at 31^st March, 2025 is 3.12 (as at 31^st March, 2024 is 2.01) whereas the liquid ratio of the
company as at 31^st March, 2025 is 2.62 (as at 31^st March, 2024 is 1.23).

ii) Interest rate risk

The Company is exposed primarily to fluctuation in interest rates in domestic market.

The Company's fixed rate borrowings, if any, are carried at amortised cost. They are therefore not subject to interest rate
risk as defined in Ind AS 107, since neither the carrying amount nor the future cash flows will fluctuate because of a change
in market interest rates.

Impact of hedging activities

Derivate Asset and Liabilities through Hedge Accounting
Derivative financial instruments

The Company's derivatives mainly consist of currency forwards and options.

Derivatives are mainly used to manage exposures to foreign exchange, interest rate and commodity price risk as described in
section Market risk.

Derivatives are initially recognised at fair value. They are subsequently remeasured at fair value on a regular basis and at each
reporting date as a minimum, with all their gains and losses, realised and unrealised, recognised in the Profit and Loss statement unless
they are in a qualifying hedging relationship.

Hedge Accounting

The Company designates and documents certain derivatives and other financial assets or financial liabilities as hedging instruments
against changes in fair values of recognised assets and liabilities (fair value hedges) and highly probable forecast transactions (cash
flow hedges).The effectiveness of such hedges is assessed at inception and verified at regular intervals.

Cash flow Hedges

The Company uses cash flow hedges to mitigate a particular risk associated with a recognised asset or liability or highly probable
forecast transactions, such as anticipated future export sales, purchases of equipment and raw materials.

The effective part of the changes in fair value of hedging instruments is recognised in other comprehensive income, while any ineffective
part is recognised immediately in the Statement of Profit and Loss.

Terms and conditions of transaction with related parties for Transfer Pricing regulations

The Company's international transactions with related parties are at arm's length as per the independent accountants report for
the year ended 31 March 2024. Management believes that the Company's international transactions with related parties post
31 March 2025 continue to be at arm's length and that the transfer pricing legislation will not have any material impact on these
financial statements, particularly on amount of tax expense and that of provision for taxation.

For the year ended 31^st March, 2025, the Company has not recorded any impairment of receivables relating to amounts owed
by related parties (2023-24: Nil). This assessment is undertaken each financial year through examining the financial position of
the related party and the market in which the related party operates.

33 Share-Based Payments
(a) Employee stock option plan
Marico ESOP 2016

During the year ended 31^st March, 2017, the Company implemented Marico Employee Stock Option Plan, 2016 ("Marico ESOP
2016" or "the Plan"). The Marico ESOP 2016 was approved by the shareholders at the 28^th Annual General Meeting held on 5^th
August, 2016, enabling grant of stock options to the eligible employees of the Company and its subsidiaries not exceeding in the
aggregate 0.6% of the issued share equity share capital of the Company as on the commencement date of the Plan i.e. 5^th August,
2016. Further, the stock options to any single employee under single scheme under the Plan shall not exceed 0.15% of the issued
equity share capital of the Company as on the commencement date (mentioned above). The Marico ESOP 2016 envisages to

37 (i) No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources

or kind of funds) by the Company to or in any other person or entity, including foreign entities ("Intermediaries") with the
understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or
on behalf of the Company (Ultimate Beneficiaries).

(ii) The Company has not received any fund from any party (Funding Party) with the understanding that the Company shall
whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Company ("Ultimate
Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

38 In terms of Rule 3(1) of the Companies (Audit and Auditors) Rules, 2014, the accounting software used by the Company for maintaining
its books of account has inter alia a feature of recording audit trail of each and every transaction, creating an edit log of each
change made in books of account along with the date of such change and the audit trail cannot be disabled. Such feature has
operated throughout the year and not been tampered with. Further, audit trail has been preserved by the Company as per the statutory
requirements for record retention.

With a view to ensure continued system stability and performance, the Company has taken additional steps to augment access
controls, wherever required, including at the database level as mentioned under the ICAI Guidance Note on Audit Trail feature.

39 Information with regards to other matters in the Companies Act are either Nil or Not applicable to the Company.

As per our report of even date attached

For B S R & Co. LLP For and on behalf of the Board of Directors

Chartered Accountants

Firm Registration No. 101248W/W-100022

VIJAY MATHUR HARSH MARIWALA SAUGATA GUPTA

Partner Chairman Managing Director and CEO

Membership No. 046476 [DIN 00210342] [DIN 05251806]

PAWAN AGRAWAL VINAY M A

Chief Financial Officer Company Secretary

[Membership No.FCS 11362]

Place : Mumbai Place : Mumbai

Date : May 02, 2025 Date : May 02, 2025