13. Provision, Contingent Liabilities and Contingent Assets

Provisions involving substantial degree of estimation in measurement are recognized when there is a present obligation as a result of past events and it is probable that there will be an outflow of resources.

C. NOTES ON ACCOUNTS

1. The financial statements including financial information have been prepared after making such regroupings and adjustments, considered appropriate to comply with the same. As result of these regroupings and adjustments, the amount reported in the financial statements/information may not necessarily be same as those appearing in the respective audited financial statements for the relevant years.

2. Post Employment Benefits:

The Company has not valued its obligations related to Post Employment Benefits as on March 31, 2024

3. Segment Reporting

The Company at present is engaged in the Trading of Whole and Grounded Spices and all operation are undertaken at single units. In view of above, primary, and secondary reporting disclosures for business/ geographical segment as envisaged in AS -17 are not applicable to the Company.

4. Provisions, Contingent Liabilities and Contingent Assets (AS 29)

Contingent liabilities and commitments (to the extent not provided for). There are no contingent liabilities as on March 31, 2024.

5. Transaction in Foreign Currency

The company has no foreign exchange transaction(s) during the year under consideration.

(b) As per the best estimate of the management, there is no capital commitment and contingent liability exists as on the date of the financial statement.

(c) Disclosures required under mandatory accounting standards & Schedule III are given to the extent appplicable and possible.

(d) Additional information as required by para 5 of General Instructions for preparation of Statement of Profit and Loss (other than already disclosed above) are either Nil or Not Applicable.

The company has not received any intimation from suppliers regarding their status under the Micro Small and Medium Enterprises Development Act 2006 and hence

^(e) disclosers, if any, relating to the amount unpaid as at the year end together with interest payable/paid as required under the said Act have not been furnished.

All the balance shown under the heads sundry debtors sundry creditors, loan &

^(f) advances and unsecured loan are subject to confirmation.

(e) Previous year figures are regrouped or rearranged wherever considered necessary.

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

For A Y & Company

Firm Registration No. 020829C

Chartered Accountants Sd/- Sd/-

Sd/- Mr. Ashok Chothani Mr. Neeraj Chothani

Arpit Gupta Chairman & Director Managing Director & CFO

Partner DIN: 06732163 DIN: 06732169

Membership No. 445912 Sd/- Sd/-

UDIN : 24421544BKFPKV7250 Mr. Sunil Chothani Ms. Khushboo Desai

Place : 30.05.2024 Whole Time Director Company Secretary

Date : Mumbai DIN: 06732173 M. No. : A45510