*The Company had made investments in Lacon India Limited (Associate Company) and Ladam Foods Private Limited (Subsidiary Company). During the year, the management assessed the recoverability of the said investments and noted that the aforesaid entities are under the process of strike off / closure. Accordingly, the management is of the view that no future economic benefits are expected to arise from such investments. In view of the above, the Company has recognised full impairment provision against the carrying value of the aforesaid investments in accordance with the provisions of Ind AS 36 -Impairment of Assets. Accordingly, the carrying amount of Investments disclosed in these Financial Statements has been presented net of impairment provision recognised against such investments. The Company will fully write off the investments in the respective Associate / Subsidiary entities upon completion of the strike off process of the aforesaid entities and upon receipt of the necessary supporting documents / confirmations in this regard.

* The Company had granted loans / advances to Lacon India Limited (Associate Company) and Ladam Foods Private Limited (Subsidiary Company). During the year, the management evaluated the recoverability of the said amounts and noted that the aforesaid entities are under the process of strike off / closure and accordingly the recovery of such loans / advances is considered doubtful / not recoverable. Considering the above assessment, the Company has recognised full provision against the carrying value of such loans / advances in accordance with the requirements of Ind AS 109 - Financial Instruments. Accordingly, the carrying amount of such loans / advances disclosed in these Financial Statements is presented net of provision recognised against the aforesaid amounts.The Company will

fully write off the investments in the respective Associate / Subsidiary entities upon completion of the strike off process of the aforesaid entities and upon receipt of the necessary supporting documents / confirmations in this regard.

(II) Terms/Rights Attached to Equity Shares

The Company has only one class of equity shares having par value of Rs. 5 per share. Each shareholder is eligible for one vote per share held. The dividend proposed by the Board of Directors is subject to approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive the remaining assets of the Company, in proportion of their shareholding.

(III) Details of Shares Held by Each Shareholder Holding More Than 5% Shares.