(14) Provisions, Contingent Liabilities and Contingent Assets:

Provisions:

(a) Provision is recognized in the accounts when there is a present obligation
as a result of past event(s) and it is probable that an outflow of resources
will be required to settle the obligation and a reliable estimate can be made.
Provisions are not discounted to their present value and are determined
based on the best estimate required to settle the obligation at the reporting
date. These estimates are reviewed at each reporting date and adjusted to
reflect the current best estimates.

(b) During the year movements in provisions were made are as under:

Contingent Liabilities:

(c) A Contingent liability is a possible obligation that arises from the past events
whose existence will be confirmed by the occurrence or non-occurrence of
one or more uncertain future events beyond the control of the company or
a present obligation that is not recognized because it is not probable that
an outflow of resources will be required to settle the obligation. A contingent
liability also arises in extremely rare cases where there is liability that
cannot be recognized because it cannot be measured reliably. The

company does not recognize a contingent liability but discloses its
existence in the financial statements.

Contingent Assets:

(d) Contingent assets are not recognized

(15) Cash Flow Statement:

(a) The cash flow statement is prepared using the "indirect method” set out in
Accounting Standard 3 "Cash Flow Statements” and presents the cash
flows by operating, investing and financing activities of the Company. Cash
and cash equivalents presented in the cash flow statement consist of cash
on hand and unencumbered, highly liquid bank balances.

(16) Trade Receivables:

(a) Trade receivables are recognized at transaction price.

(17) Trade and other Payables:

(a) These amounts represent liabilities for goods and services provided to the
Company prior to the end of the financial year which are unpaid. These
amounts are unsecured and usually paid within the operating cycle of the
Company. Trade and other payables are presented as current liabilities
unless payment is not due within twelve months after the reporting period.
They are recognized initially at their fair value.

(18) Segment Reporting:

(a) In accordance with Accounting Standard-17 - "Segment Reporting” issued
by the Institute of Chartered Accountants of India is not applicable as the
Company has mainly one business segment i.e. " Raw unfiltered edible
maize oil and cake.". There are no other primary reportable segments. The
major and material activities of the company are restricted to only one
geographical segment i.e. India, hence the secondary segment disclosures
are also not applicable.

(ii) Rights, preferences and restrictions attached to shares

The Company has only one class of issued, subscribed and paid-up equity shares having a par value
of ?. 10.00/- each. Each shareholder of equity shares is entitled to one vote per share. In the event
of liquidation of the Company, the shareholders of equity shares will be entitled to receive the
remaining assets of the Company. The distribution will be in proportion to the number of equity shares
held by the sharehold ers.

(vii) As per the records of the Company, including its register of shareholders/members and other
declarations received from shareholders regarding beneficial interest, the above shareholding
represents both legal and beneficial ownerships of shares.

(viii) There are no shares reserved for issue under the options and contracts/commitments.

(ix) There are no securities issued, which are convertible into equity/preference shares.

(x) There are no securities issued, which are convertible into equity/preference shares.

(xi) No shares were forfeited during the financial year 2025-26

Nature of Reserve and Surplus
Capital Reserves

Capital Reserve represents reserve created by the Company on acquisition of Ajay Industries, in the
financial year 2024-25, and are not free reserves as defined under section 2(43) of the Companies
Act, 2013. It shall be utilised in accordance with the Provisions of the Companies Act, 2013.

Securities Premium

Securities premium is used to record the premium on issue of shares. This reserve shall be utilised
in accordance with the provisions of the Companies Act, 2013.

Note 1: Some inventories of raw materials were recorded after submission of bank statement due
bills received later.

Note 2: Some inventories of raw materials were recorded after submission of bank statement due
bills received later.

Note 3: Sales of finished goods were recorded after submission of bank statement due to contracts
were finalised later.

Note 4: Some inventories of raw materials were recorded after submission of bank statement due
bills received later.

NOTE 36: Details of Benami Property held

There is no instance occurred during the year which reflects that company is holding any benami
property.

NOTE 37: Wilful Defaulter

Date of declaration as wilful defaulter ^NA

There is no instance occurred during the year which reflects company as a wilful defaulter.

NOTE 39: Registration of Charge

No charges or its satisfaction is yet to be registered with Registrar of Companies.

NOTE 40: Compliance with number of layers of companies

The Company does not have any number of layers prescribed under clause (87) of section 2 of the
Companies Act, 2013 and hence the compliance relating thereto is not applicable.

NOTE 44: Undisclosed Income

The Company has not disclosed any transaction not recorded in books of account that has been
surrendered or disclosed as income during the year in the tax assessments under the Income-tax
Act, 1961 and also not recorded any previously unrecorded income and related assets ._

Nature of CSR activities

Donation Given to Trust for the purpose of Relief of the poor, Education, Medical relief,
Advancement of any other object of general public utility, Religious Activities, Advancement
of any other object of general public utility, Religious Activities

NOTE 46: Details of Crypto Currency

The Company has not traded or invested in Crypto Currency or Virtual Currency during the year
ended on 31 March, 2026 & Financial Year ended 31 March, 2025.

NOTE 47: Other Statutory Disclosures as per the Companies Act, 2013

a) The company has not entered into any scheme of arrangement approved by the Competent
Authority in terms of sections 230 to 237 of the Companies Act, 2013.

b) There are no dividends proposed to be distributed to equity and preference share holders.

c) The Board of the Company is of the opinion that the assets other than Property, plant and
equipment, Intangible assets and Non-current investments have a value on realization in the ordinary
course of business at least equal to the amount at which they are stated.

NOTE 48: Details of Assets Having Value Value on Realisation Less Than the
Amount at which the Said Assets are Stated.

As at the end of the financial year 2025-26, the Board of Directors of Company is of the opinion that
the assets other than Property, Plant and Equipment, Intangible Assets and non-current investments
are of the value at which the said assets are stated in the balance sheet.

NOTE 49: Subsequent Events

There has not been any reportable subsequent events happened after reporting date.

NOTE 50: Regrouping

The company has regrouped / rearranged previous year figures in view of easy comparison with
current year figures.