m) Provisions, Contingent Liabilities and Contingent Assets

Provisions are recognized when there is a present obligation as a result of a past event, it is probable that an
outflow of resources will be required to settle the obligation and in respect of which reliable estimate can be made.
Contingent Liabilities are disclosed, unless the possibility of any outflow in settlement is remote, in the notes on
accounts. Contingent Assets are neither recognized nor disclosed.

Outstanding contracts are reviewed at close of the Year and material diminution in value provided for or disclosed
as Contingent Liability as appropriate.

n) Taxation: Provision is made for Income Tax liability estimated to arise on the results for the year at the current
rate of tax in accordance with the Income Tax Act, 1961. In accordance with the AS-22, Accounting for Taxes on

Income, Issued by the Institute of Chartered Accountants of India, and effect from 1st April, 2002 the Company
has recognized the deferred tax liability in the accounts, whereby -

(i) The Net deferred tax liability arising on account of timing differences.

(ii) Deferred tax resulting from timing differences between book and tax profits is accounted for under the
liability method, at the current rate of tax.

(iii) Deferred Tax assets arising on account of brought forward losses and unabsorbed depreciation are
recognized only when there is virtual certainty supported by convincing evidence that such assets will
be realized. Deferred tax assets arising on other temporary timing differences are recognized only if
there is a reasonable certainty of realization.

(iv) The Company has adopted Accounting Standard 22 (AS-22) ‘Accounting for Taxes on Income’ and
accordingly the Company has Net Deferred T ax Assets as on 31.03.2026 amounts to Rs.63.29

o) Lease Accounting:

> Accounting of Operating leases has been done in compliance of AS 19 and the future rent payable in
respect of Offices and godowns taken on lease is as under:

> The total of future minimum lease payments under non-cancellable operating leases for each of the
following periods:

Rent payable for unexpired lease period as on 31.03.2026

p) Segment Reporting:

Primary: The Company is in the business of Trading of Food Products and operates in a Single segment.

q) Trade Receivables Ageing schedule as on 31.03.2026 amounting to Rs 20,91,87,752/- and as on 31.03.2025
amounting to Rs. 8,71,39,156/-

The Company has filed initial Return (MSME Form 1) and subsequent returns within due dates.
v) Earnings per share (EPS):

The numerators and denominators used to calculate Basic and Diluted Earnings per share.

x) Confirmation of balances with whom the Company has had transactions have not been obtained in many cases.

y) In respect of the parties from whom confirmations are not received, the book balance is taken to be correct.

z) Significant Events after the Reporting Period

There were no significant adjusting events that occurred subsequent to the reporting period other than the events
disclosed in the relevant notes.

aa) Other Statutory information

a. The Company did not have any benami property, and no proceeding has been initiated against the Company
for holding any benami property

b. The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the
statutory period.

c. The Company did not have any transactions with companies struck off.

d. The Company has not traded or invested in crypto currency or virtual currency during the financial year

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

i) 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

ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

f. The Company has 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 Group shall:

i) 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

ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

g. The Company did not 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)

h. The Company has not declared willful defaulter by any banks or any other financial institution at any time
during the financial year

i. There are no proceedings initiated or are pending against the Company for holding any benami property
under the Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder.

j. The Company has not revalued its Property, Plant and Equipment or intangible assets during the year ended
March 31, 2023.

k. The title deeds of all the immovable properties (other than properties where the Company is the lessee and
the lease agreements are duly executed in favour of the lessee) are held in the name of the Company.

l. During the year the Company has not provided advances in the nature of loans, stood guarantee or provided
security to companies, firms, Limited Liability Partnerships or any other parties

m. The Company has not granted any loans or advances in the nature of loans, either repayable on demand or
without specifying any terms or period of repayment to companies, firms, Limited Liability Partnerships or
any other parties

n. There are no securities granted in respect of which provisions of Section 185 and 186 of the Companies Act,
2013 are applicable

o. The Company has neither accepted any deposits from the public nor accepted any amounts which are
deemed to be deposits within the meaning of Sections 73 to 76 of the Companies Act and the rules made
thereunder, to the extent applicable.

p. No funds raised on short-term basis have been used for long-term purposes by the Company

q. The Company has not raised any money during the year by way of initial public offer / further public offer
(including debt instruments)

r. The Company has not made any preferential allotment or private placement of shares / fully or partially or
optionally convertible debentures during the year under audit

s. The Company is not a Nidhi Company as per the provisions of the Companies Act, 2013

t. The Company has not entered into any non-cash transactions with its directors or persons connected with
its directors

u. The provisions of Section 45-IA of the Reserve Bank of India Act, 1934 (2 of 1934) are not applicable to
the Company.

v. The Company has not conducted any Non Banking Financial or Housing Finance activities without obtained
a valid Certificate of Registration (CoR) from the Reserve Bank of India as per the Reserve Bank of India
Act, 1934

w. The Company is not a Core Investment Company as defined in the regulations made by Reserve Bank of
India.

x. Title deeds of the immovable properties are held in the name of the company

y. The company does not satisfy the criteria laid down under Section 135 of the Companies Act, 2013.

bb) Paise have been rounded off to nearest rupee.

cc) Previous year’s figures have been regrouped and reclassified wherever necessary.

dd) Other requirement of Schedule III of the Companies Act 2013 is not applicable as the Company is in the business
of Trading of Food Products.

For and on behalf of the Board As per our report of even date attached

For VENKAT & RANGAA LLP
Chartered Accountants
LLPIN: AAK 5672

sd/- sd/- sd/-

Chandran Ganesan J.Rajendhiran S Mohan Raajan

Director Director Partner

DIN: 08166461 DIN: 01784664 M.NO. 206393

Place: Chennai
Date: 29/05/2026