NOTE 26 There is no contingent liabilities outstanding against the company.

NOTE 27 As per the information available with the Company and based on the confirmation received from vendors, there are no dues payable to Micro, Small and Medium Enterprises as defined under the Micro, Small and Medium Enterprises Development Act, 2006 as at 31st March 2025. The company is under process of updating its vendor master regarding their registration under MSMED Act, 2006. The Company has written to its vendors requesting confirmation of their MSME status. However, in the absence of sufficient response, the classification has been made based on the information available with the management.

NOTE 28 Earning per share as required by Accounting Standard AS-20 as issued by the The Institute of Chartered Accountants of India.

NOTE 32 No proceedings have been initiated or are pending against the company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made there under.

NOTE 33 The company is not declared as a wilful defaulter by any bank or financial institution or other lender.

NOTE 34 There has not been any delay in registering the charges or satisfaction with Registrar of Companies beyond the Statutory period.

NOTE 35 Gratuity Disclosure Statement as Per Accounting Standard 15 Revised (AS 15R) For The Period 01-04-2024 to 31-03-2025

NOTE 38 The company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017

NOTE 39 During the year company has existed it's investment in 2 LLPs which were running Magson Brand stores in Ahmedabad. Accordingly retirement deed executed for both LLPs with effect from 31st July 2024. Then after looking to business opportunity in both LLPs (total 3 stores in these entities), management has decided to acquire all 3 stores. So, company has entered into MOU for Business Transfer with both entities (Farmags Associates LLP & Foodbook Associates LLP) and acquired their running business with effect from 31st December 2024. Company has taken over all assets and liabilities of both entities.

As pe the MOUs, company agreed to pay the amount towards business purchase on or before 31st December 2025. Said liability amount of Rs.49.86 Lakhs are showing under Other Current Liabilities (Note 8) in Balance Sheet.

Amount showing as on 31st March 2024 amounting to Rs.10.56 Lakhs was current capital balance with Foodbook Associates LLP (at that time the company was partner in that LLP entity)

NOTE 41 During the year under review, company has written off its old statutory & other liabilities which are no longer payable and shown the same as other income (Rs. 95.31 Lakhs) in Statement of Profit & Loss.

NOTE 42 The Company is not having any relationship with companies Struck Off under Section 248 of the Companies Act, 2013 or Section 560 of the Companies Act, 1956.

NOTE 43 There are no transactions which are not recorded in the books of accounts and 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 surveyor any other relevant provisions of the Income Tax Act, 1961).

NOTE 44 The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

NOTE 45 Expenses are verified on the basis of entries in books of accounts wherever there are no external evidences available.

NOTE 46 During the year the Company has relocated it's 2 stores, open new 9 stores. Further, company has also taken over 6 franchise operated stores now they are company owned and managed stores. Further, the Company has launched Nasta Bazar brand for traditional Gujarati Namkeen etc. which are very popular category of ready to eat food items in Gujarat. All these factors has resulted into higher operating cost for the year and accordingly profitability has been reduced.

NOTE 47 The Company has used accounting software (TALLY) for maintaining its transactions for the year ended March 31, 2025, which have have a feature of recording audit trail (edit log) facility. The audit trail facility has been operated throughout the year for all the branches. Further, the audit trail (edit log) feature has not been tampered with in accounting software. In case of softwares operating at retail stores for recording sales to customers, it does not have audit trail (edit log) facility.

NOTE 48 Segment Reporting

As per the requirements of Accounting Standard (AS) 17 - Segment Reporting, the Company has identified business segments as the primary reporting format and geographical segments as the secondary reporting format. Based on the internal financial reporting system and the evaluation by the management, the Company operates in a single business segment, namely Ready to eat, Gourmet & Frozen Foods, and the entire operations are carried out within India.

As such, there are no separate reportable segments (business or geographical) as defined under AS 17, and accordingly, no further disclosures are required.

NOTE 49 The company operates chain of retail stores for food items specializing in Frozen and Gourmet foods. Company has policy of awarding paints (rewards) to its customers. This rewards points can be redeemed at any company stores. As per exiting policy of company, each 4 rewards are equivalent to INR 1. During the year under review, company has changed its accounting policy for recording of accrued liability regarding accumulated points. Company has decided to expense out rupees equivalent to redeemed points in Statement of Profit & Loss. Further, liability outstanding as on 1st April 2024 amounting to Rs.18.03 Lacs also written back to Statement of Profit & Loss.

NOTE 50 Previous year figures are regrouped and rearranged wherever necessary to compare with current year figures.

NOTE 51 All amount included in financial statements and notes to accounts are rounded off to the nearest lakhs.