i. Provisions

Provisions are recognized when the Company has a present obligation (legal or constructive) as a
result of a past event, it is probable that an outflow of resources embodying economic benefits will be
required to settle the obligation and a reliable estimate can be made of the amount of the obligation.
When the Company expects some or all of a provision to be reimbursed, the reimbursement is
recognized as a separate asset, but only when the reimbursement is virtually certain. The expense
relating to a provision is presented in the statement of profit and loss net of any reimbursement.

j. Revenue recognition

Revenue is measured at the fair value of consideration received or receivable. Amounts disclosed as
revenue are inclusive of excise duty and net of returns, trade discount or rebates. The Company
recognizes revenue when the amount of revenue can be reliably measured and it is probable that
future economic benefits will flow to the Company.

Revenue from Sale of goods

Revenues from sales of goods are recognized upon transfer of control of promised goods to customer,
which are generally on dispatch of goods and the customer has accepted the products in accordance
with the agreed terms. There is no continuing managerial involvement with the goods and the
Company retains no effective control of goods transferred to a decree usually associated with
ownership. Revenue from sales of goods is based on the price quoted in the market or price specified
in the sales contracts.

k. Other Income

Other Income is comprised primarily of interest income, discounts and lease rent. Interest income is
recognized on accrual basis.

l. Financial Assets

Purchase and sale of Financial Assets are recognised using trade date accounting. Trade receivables
that do not contain a significant financing component are measured at transaction price.

The Company has elected to account for its investments in subsidiaries, associates and joint venture at
cost less impairment loss (if any). All other equity investments are measured at fair value, with value
changes recognised in Statement of Profit and Loss.

For financial guarantee contracts at initial recognition, financial guarantee contracts are measured at
fair value, which, in the absence of an active market, is determined based on the present value of
future commission income using the Company's incremental borrowing rate. Subsequently, financial
guarantee liabilities are measured at the higher of (i) the amount of the loss allowance determined in
accordance with the expected credit loss model and (ii) the amount initially recognized less
cumulative income recognized under Ind AS 115 - Revenue from Contracts with Customers. The
related income is deferred and recognized in the statement of profit and loss over the term of the
guarantee using the effective interest method. Financial guarantee receivables are classified and
measured at amortised cost, as they are held within a business model to collect contractual cash
flows that are solely payments of principal and interest.

Classification

The Company classifies its financial assets in the following measurement categories:

• those to be measured subsequently at fair value (either through other comprehensive income, or
through profit or loss), and

• those measured at amortized cost

The classification depends on the entity's business model for managing the financial assets and the
contractual terms of the cash flows.

For assets measured at fair value, gains and losses will either be recorded in profit and loss or other
comprehensive income.

Derecognition of financial assets

A financial asset is derecognized only when

• The Company has transferred the rights to receive cash flows from the financial asset or

• Retains the contractual rights to receive the cash flows of the financial asset but assumes a
contractual obligation to pay cash flows to one or more recipients.

Where the Company has transferred an asset, the Company evaluates whether it has transferred
substantially all risks and rewards of ownership of the financial asset. In such cases, the financial asset
is derecognized. Where the Company has not transferred substantially all risks and rewards of
ownership of financial asset, the financial asset is not derecognized.

Where the Company has neither transferred a financial asset nor retains substantially all risks and
rewards of ownership of the financial asset, the financial asset is derecognized if the Company has not

14E Rights, Preference and Restiction attached to equity shares

Voting: The company has only one class of equity shares having a par value of Rs. 2/- per share. Each holder of equity share is entitled to one vote per share.

Dividend: Distribution (if declared) of dividends will be in proportion to the number of equity shares held by shareholders. The Board of company has not proposed nor the
company has declared any dividend for the financial year 2024-25

15 Other equity (Ref: Statement of Changes in Equity)

General Reserve_

General reserve is created by the Company by appropriating the balance of Retained Earnings. It is a free reserve which can be used for meeting the future contingencies,
creating working capital for business operations, strengthening the financial position of the Company etc._

Securities Premium_

Securities premium is used to record the premium on issue of shares. The reserve can be utilised only for limited purposes such as issuance of bonus shares in accordance with
the provisions of the Companies Act, 2013.

Retained Earnings_

_Retained earnings are the profits that the Company has earned till date, less any transfers to general reserve, dividends or other distributions paid to shareholders._

(i) Credit Risk_

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its
contractual obligations. Credit risk primarily relates to trade and other receivables, long-term loans, cash and cash equivalents.

The Company's exposure to credit risk with regards to trade and other receivables is influenced mainly by the individual
characteristics of each customer and there is no significant concentration of risk related to industry segments. The granting of
credit is controlled by well-established criteria that are reviewed on a regular basis. The maximum exposure to credit risk at the
reporting date is the carrying amount of each trade receivable.

The credit policy requires each new customer to be analyzed individually for credit worthiness before delivery and payment terms
are offered.

Other receivables consist primarily of security deposits, loans to employees and other receivables. The risk of default is assessed as
low.

The credit risk surrounding loans receivable is assessed as low risk.

Credit risk on cash and cash equivalents is assessed as low risk as the Company deposits cash surpluses with financial institutions of
high quality and standing.

(ii) Liquidity Risk

The Company actively monitors its cash flows to ensure there is sufficient cash available to meet its working capital requirements.
Due to the dynamic nature of the underlying businesses, the Company maintains flexibility in funding by maintaining availability
under committed credit lines. Management monitors rolling forecasts of the Company's cash and cash equivalents on the basis of
expected cash flow.

retained control of the financial asset. Where the Company retains control of the financial asset, the
asset is continued to be recognized to the extent of continuing involvement in the financial asset.

m. Borrowings

After initial recognition, interest bearing loans and borrowings are subsequently measured at
amortized cost using the effective interest rate method. Gains and losses are recognized in profit or
loss when the liabilities are derecognized as well as the effective interest rate amortization process.

Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or
costs that are an integral part of the effective interest rate. The effective interest rate amortization is
included as finance cost in the statement of profit and loss.

n. Cash and Cash Equivalents

Cash and cash equivalents comprise of cash on hand, cash at banks, short-term deposits and short¬
term highly liquid investments that are readily convertible to known amounts of cash and which are
subject to an insignificant risk of changes in value.

o. Litigations

The nature of business of the company is agro based commodities and legal pending cases against the
company at district court are due to Non-Germination of Agro Seeds or failure of Seeds Sample and
which may be happened by any of the one condition i.e. Climate changes, Soil Issue, excess or less
water used while irrigation of crop, Non-Germination and farmer negligence which is not the fault of
the company. Further quantum of the amount is not ascertainable and nature of the cases are in
criminal hence there was no impact on financial of the Company.

p. Financial Liabilities

For trade and other payables maturing within one year from the balance sheet date, the carrying
amounts are determined to approximate fair value due to the short maturity of these instruments.

q. Offsetting

Financial Assets and Financial Liabilities are offset and the net amount is presented in the balance
sheet when, and only when, the Company has a legally enforceable right to set off the amount and it
intends, either to settle them on a net basis or to realize the asset and settle the liability
simultaneously.

r. Contingent Liabilities

Disclosure of contingent liability is made when there is a possible obligation arising from past events,
the existence of which will be confirmed only by the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control of the Company or a present obligation that
arises from past events where it is either not probable that an outflow of resources embodying
economic benefits will be required to settle or a reliable estimate of amount cannot be made.

s. Provisions

The timing of recognition and quantification of the liability (including litigations) requires the
application of judgement to existing facts and circumstances, which can be subject to change. The
carrying amounts of provisions and liabilities are reviewed regularly and revised to take account of
changing facts and circumstances.