e) Terms/rights attached to equity shares:

The company has only one class of equity shares having a par value of ^ 1/- per share. Each holder of equity shares is entitled to one vote per share. No dividend is recommended by the Board of Directors for the year ended31st March, 2026. In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders_

h ) The Company does not have any Holding Company.

i ) The Company has not reserved Equity Shares for issue under the Employee Stock Option Scheme. j ) None of the securities are convertible into shares at the end of the reporting period. k ) The Company has not forfeited any shares during the year.

l) No bonus shares has been issued during the last five years immediately preceeding the reporting period.

i) The company has mortgaged, hypothecated, created charge and given collateral security on the following asssets in favour of the Canara Bank, SME Kumbalagodu Branch, Bengaluru, Karnataka by way of first charge as security against the sanctioned limit of Working Capital Loan (SOD) of ^ 8.00 crore -

a) freehold lands at Tumkur plant as collateral security by deposit of Title deeds of the lands (6.48 acres) to the lender.

b) all the present and future stocks of goods such as raw materials, finished goods, stock in trade, stores, spares and consumable items of the company, whether situated at the Borrower's factories, places of business, residence (if applicable), godowns or in transit or in the custody of processors, warehouse agents or others or wherever else the same

may be situated including any such raw materials, articles or goods, stores, spares, consumables and stock in trade in the course of delivery to the Borrower; and

c) all the present and future book debts of the the company which the borrower is entitled during the continuance of the loan agreement.

ii) No personal guarantee given by the Directors of the the company. However, Corporate Guarantee given by one of the group company namely Tetron Commercial Limited against the working capital loan taken to the extent of ^ 8.00 crores.

iii) The company increased Working Capital Loan (OSD) limit from ^ 6.00 crores to ^ 8.00 crores during the year which is repayable on demand. Modification of charge filed accrodingly.

iv) Unsecured loan borrowed at interest rate of 12.50% from a group company M/s Tetron Commercial Limited for business purpose and the same is repayable on demand (to be paid within 31st March,2027)

v) There is no default in repayment of borrowings and interest as on the balance sheet date.

Foot Note: During the year ended 31st March,2026 and year ended 31st March,2025, the company has exercised the option of tax rate of 25% plus applicable surcharge plus Cess thereon to avail MAT credit available and not opted section 115BAA of the Income Tax Act,1961.

Note 32

FINANCIAL RISK MANAGEMENT (As per Ind- AS 107)

Financial risk factors

The Company's activities expose it to a variety of financial risks: market risk, credit risk and liquidity risk. a) Market risk

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risks: foreign currency risk, interest rate risk and others price risk. Financial instruments affected by market risk include borrowings, investments, trade payables, trade receivables, loans and other financial instruments.

i) Foreign Currency Risk

Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates. Presently, the Company has no exposure in foreign currency so there is no risk of changes in foreign exchange rates.

ii) Interest Rate Risk

The company's exposure in market risk relating to change in interest rate primarily arises from floating rate borrowing with banks and financial institutions. Borrowings at fixed interest rate exposes the company to the fair value interest rate risk. The company maintains a portfolio mix of fixed and floating rate borrowings. As at March 31, 2026, approximately 77.66 % (March 31, 2025: 79.40 %) of the company's borrowings become floating rate interest borrowing. Further, the company lends surplus money to corporates at fixed rate of interest and there is no deposit with the bank. Hence, no exposure to interest rate risk on lending. With all other variables held constant, the following table demonstrates the impact of the borrowing cost on floating rate portion of loans and borrowings and excluding loans on which interest rate swaps are taken.

iii) Others Price Risk

The Company's equity exposure in group companies is carried at book value of last audited financial results of that company and these are subject to impairment testing as per the policy followed in this respect. The company's current investments are fair valued through OCI. The company invest in mutual fund schemes of leading fund houses. Such investments are susceptible to market price risk that arise mainly from changes in interest rate which may impact return and value of such investments. The Company's exposure to equity securities and mutual funds, price risk from movement in market price of related securities classified either as fair value through OCI or as fair value through Statement of Profit and Loss.

b) Credit Risk

Credit risk is the risk that counter party will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The Company is primarily exposed to credit risk from its operating activities (trade receivables), investments and grant of unsecured loans to known parties. The management has a credit policy in place and the exposure to credit risk is monitored on an ongoing basis. The Company periodically assesses the financial reliability of customers, taking into account the financial condition, current economic trends and ageing of accounts receivable. Individual risk limits are set accordingly and the company takes necessary steps to minimize the risk.

The carrying amount of respective financial assets recognized in the financial statements (net of impairment losses) represents the Company's maximum exposure to credit risk. The concentration of credit risk is limited due to the customer base being large and unrelated. Of the trade receivables balance at the end of the year, there are two customers accounted for more than 10% of the revenue as at March 31,2026. There is one customer under trade receivables (Refer Note 11) which have significant increase in credit risk against which provision for liability considered in financial statement.

The Company extends credit to customers as per the internal credit policy. Any deviation is approved by appropriate authorities after due consideration of the customers credentials, financial capacity, trade practices, prevailing business and economic conditions. The Company's historical experience of collecting receivables and the level of default indicate that credit risk is low and generally uniform across markets; consequently, trade receivables are considered to be a single class of financial assets. All overdue customer balances are evaluated taking into account the age of the dues (Refer Note 29), specific credit circumstances, the track record of the customers etc.

Financial assets that are neither past due nor impaired

Cash and cash equivalents, investment and other financial assets are neither past due nor impaired. Cash and cash equivalents with banks are held with reputed and credit worthy banking institutions.

Financial assets that are past due and not impaired

Trade receivables amounts that are past due at the end of the reporting period against which no credit losses have been expected to arise.

Financial assets that are past due and impaired

Trade receivables amounts that are past due and against which credit loss is expected, reasonable provision made in books for impairment at the end of the reporting period. c) Liquidity risk

Liquidity risk is defined as the risk that the Company will not be able to settle or meet its obligations on time or at a reasonable price. The Company’s objective is to maintain optimum level of liquidity to meet it’s cash and collateral requirements at all times. The Company relies on borrowings and internal accruals to meet its long term and short- term funds requirement. The current committed line of credit is sufficient to meet its short to medium term funds requirement. Liquidity and interest risk tables:

The following tables detail the Company’s remaining contractual maturity for its non-derivative financial liabilities with agreed repayment periods. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Company can be required to pay. The tables include both interest and principal cash flows as at balance sheet date¹

Note 33

CAPITAL MANAGEMENT

For the purpose of managing capital, capital includes issued equity share capital and reserves attributable to the equity shareholders. The objectives of the company's capital management are to: i) Safeguard their ability to continue as going concern so that they can continue to provide benefits to their shareholders; ii) Maximize the wealth of the shareholder and iii) Maintain optimum capital structure to reduce the cost of the capital.

The Company manages its capital structure and makes adjustment in light of changes in economic conditions and requirement of financial covenants. In order to maintain or adjust the capital structure, the company may adjust the dividend payment to shareholders, return capital to shareholders or issue new shares.

In order to achieve this overall objective, the company's capital management, amongst other things, aims to ensure that it meets financial covenants attached to the loans and borrowings that define capital structure requirements. There have been no breaches in the financial covenants of any loans and borrowing in the current period.

Note 34

DISCLOSURES IN ACCORDANCE WITH IND AS 19 ON “EMPLOYEES BENEFITS”:

a) Defined Contribution Plans

The Company made contributions towards Provident Fund, a defined contribution retirement benefit plan for qualifying employees. The Provident Fund Plan is operated by the Regional Provident Fund Commissioner. The company also contributes towards Employees State Insurance Scheme for the sickness benefit, disablement benefit, dependents benefit, maternity benefit and medical benefit of the employees. The contribution payable to these plans by the company are at rates specified in the rules of the scheme.

b) Defined Benefit Plans I. Gratuity

The Company provides for gratuity, a defined benefit retirement plan (‘the Gratuity Plan') covering eligible employees. The Gratuity Plan provides a lumpsum payment to vested employees at retirement, death, incapacitation or termination of employment, of an amount based on the respective employee's salary and the tenure of employment with the company. Liabilities with regard to the Gratuity Plan are determined by actuarial valuation, performed by an independent actuary, at each Balance Sheet date using the projected unit credit method. The Company contributes all ascertained liabilities to the Gratuity Fund maintaining with Life Insurance Corporation of India Ltd.

The Company recognize the net obligation of a defined benefit plan in its Balance Sheet as a liability and accordingly makes contribution to recognized gratuity fund maintained with LIC of India and recognized in balance sheet as an asset. Gains and losses through remeasurements of the net defined benefit liability/(asset) are recognized in other comprehensive income and are not reclassified to profit or loss in subsequent periods. The actual return of the portfolio of plan assets, in excess of the yields computed by applying the discount rate used to measure the defined benefit obligation is recognized in other comprehensive income. The effect of any plan amendments is recognized in net profit in the profit or loss.

ii. The Company has estimated and recognized the impact of implementation of the New Labour Codes under Employee benefits expense for the year ended March 31,2026. The impact of the same is not material to the results for the year.

(v) Majority of the Company's sales are against advance. Where sales are made on credit, the amount of consideration does not contain any significant financing component. As per the terms of the contract with its customers, either all performance obligations are to be completed within time limit mentioned in contracts or the company has a right to receive the consideration. The Company does not acknowledge any performance obligation remaining unsatisfied in terms of Ind AS 115 at the balance sheet date.

Note 36

A. Operating Segment Reporting (Ind AS- 108)

An operating segment is a component of the Company that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Company's other components and for which discrete financial information is available. All operating segments' operating results are reviewed regularly by the board of directors of the Company, which has been identified as being the Chief Operating Decision Maker (CODM) to make decisions about resources to be allocated to the segments and assess their performance.

The Company has two reportable segments: (i) Manufacturing of packaged food products and (ii) Other operations. Based on the dominant source, nature of products, risks and returns, the Company’s internal organizational structure and its system of internal financial reporting, the manufacturing of packaged food products segment has been identified as the primary reportable segment. Accordingly, the segment-wise financial information is presented in the table below.

C. Information about major customers:

Total revenues from two customers of packaged food product segment amounting to ? 150616.28 thousands represents 67.50 % of the Company's total revenues.

Customer A: 38.59 %

Customer B: 28.91 %

D. There are no inter-segment revenues.

Note 37

Other Information

a) No fresh provision for doubtful debts made during the current financial year against trade receivables which have significant increase in credit risk, as total provision made for doubtful debts till 31st March, 2024 was 100% of the total outstanding amount due for more than 36 months from a party M/s Tyche Stone Works. A legal suit has been filed against the debtor and the matter is still pending the XV Additional Judge Court of Small Causes, Bengaluru.

b) During the year the company installed 2 new packing machines lines with a cost of ? 9495.46 thousands. Earlier the company have 10 packing machines and by adding 2 new machines the packing capacity increased from 10 tons per day to 12 tons per day.

c) During the year the company incurred an expenditure of ? 4458.60 thousands to increase the storage capacity of finished goods by installing metal structure and racks.

d) During the previous financial year, the Company planned to introduce a new product under its own brand name “Skitos” comprising fruit-based beverages in various flavours. The production of these beverages was proposed to be undertaken through job work arrangements with third-party manufacturers. This initiative formed part of the Company's strategy to diversify its product portfolio and capitalize on the growing market for ready-to-drink fruit beverages.

During the Financial Year 2025-26, the Company commenced commercial sales of its ready-to-drink fruit beverages. However, the contribution of fruit beverage sales to the total product sales of the Company remained modest, accounting for approximately 2% of total sales during the year. The Company continues to take all reasonable and necessary steps to enhance market penetration and increase the sales volume of its packaged fruit beverage products.

39.5 Terms and Conditions of transactions with related parties

a. The transactions with related parties have been entered at an amount which are not materially different from those on normal commercial terms;

b. The amounts outstanding are unsecured and will be settled in cash and cash equivalent. No guarantees have been given or received excluding disclosed in Note 39.2.14

c. The remuneration to KMPs' were determined by the NRC having regard to the performance of individuals and market trends.

39.6 In respect of the above parties, there is no provision for doubtful debts as on 31st March, 2026 and no amount has been written off or written back during the year in respect of debt due from/ to them.

39.7 No Loans and Guarantees are given under 186(4) of the Companies Act, 2013 and details of Investments is given in note no.-4

Note 40

Additional regulatory information required by Schedule III

(i) Details of benami property held: No proceedings have been initiated or pending against the company under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.

(ii) Willful defaulter: The Company is not declared willful defaulter by any bank or financial Institution or government or any government authority.

(iii) Relationship with struck off companies: The Company has no transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.

(iv) Compliance with number of layers of companies: The company has no subsidiary therefore the compliance of the number of layers prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017 is not applicable.

(v) Utilisation of borrowed funds and share premium : The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall: (a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or (b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the company shall: (a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or (b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries

(vi) Undisclosed income: There is no income surrendered or disclosed as income during the current or previous period/year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.

(vii) Details of crypto currency or virtual currency: The Company has not traded or invested in Crypto currency or Virtual Currency during the financial period/year.

(viii) Valuation of PPE, intangible asset and investment property: The Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets) or intangible assets or both during the current or previous year.

(ix) Title deeds of immovable properties not held in name of the company: The title deeds of all the immovable property are held in the name of the company.

(x) Registration of charges or satisfaction with Registrar of Companies (ROC): There are no charges or satisfaction which are yet to be registered with ROC beyond the statutory period.

(xi) Utilisation of borrowings availed from bank and financial institutions: The Company utilized all borrowings during the reporting period from banks and financial institutions for business purpose only.

(xii) No Loans or Advances in the nature of loans are granted to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013), either severally or jointly with any other person.

Note 41.

Previous year figures have been regrouped or reclassified wherever considered necessary to conform to current year's classification. The impact of such reclassification/ regrouping is not material to the financial statement.