K. PROVISIONS, CONTINGENT LIABILITIES AND ASSETS: Provisions are recognised when the
Company has a present obligation as a result of past events and it is more likely that an outflow of
resources will be required to settle the obligation and the amount has been reliably estimated.
Provisions are not discounted to present value and are determined based on best estimate of the
expenditure required to settle the obligation at the balance sheet date. These are reviewed at each
balance sheet date and adjusted to reflect the current best estimate. Contingent Liabilities are not
disclosed by way of notes to the financial statements. Contingent assets are neither recognised nor
disclosed in the financial statements. As stated by Management, there were no Contingent Liabilities.

L. EARNING PER SHARE (EPS): Basic earnings per share are computed by dividing the profit/(loss)
after tax by the total number of equity shares outstanding during the year. Diluted earnings per share
is computed by dividing the profit/(loss) after tax by the total number of equity shares considered for
deriving basic earnings per share.

2. RELATED PARTY DISCLOSURES: The Company has transaction of a material nature with the
promoters, Directors of management, their subsidiaries or relatives that may have potential conflict
with the interest of the company at large. The register of contracts containing the transactions in which
Directors are interested were placed before the board regularly for its approval.

The Company Confirms that all transaction including purchase and sales done with related party is at
Arm’s Length Price and in normal course of business with all entities. The Company confirms that none
of the transactions, if any, with the related parties was in material conflict with the interest of the
Company.

4. SEGMENT REPORTING: The Company is primarily dealing in trading of agro-commodities &
Commission Business, however during the year turnover are of trading nature which in the context of
Accounting Standard 17 on “Segment Reporting” constitutes a trading of goods reporting segment but
details not available. Further, there are no geographical segments.

5. EMPLOYEE BENEFIT EXPENSES: Provident Funds and Employees State Insurance Fund (Defined
Contribution Schemes) are administered by Central Government of India and contribution to the said
funds are charges to Profit and Loss Account or accrual basis if any. Leave encashment (Defined Benefit
Scheme) is provided annually based on management estimates in accordance with the policies of the
company if any. The Provision of Gratuity is Rs. Nil.

6. Any material gains/ losses which arise from the events or transaction which are Events Occurring
after the Balance Sheet Date of the company are separately disclosed if any.

7. Auditor's remuneration: During the year under consideration provision has made for Auditor’s
remuneration. (in Rupees)

8. Director's remuneration: During the year under consideration provision has made for Director’s
remuneration for which appropriate resolution was passed in the Implementation and Monitoring
Committee of the company.. (in Rupees)

9. As certified by company that it has received written representation from all the directors. That
companies is which they are directors had not defaulted in terms of section 164(2) of the Companies
Act, 2013, and that representations of directors takes in Board that Director is disqualified from being
appointed as director of the company.

10. The management has informed that the Company has not received any memorandum (as required
to be filled by the suppliers with the notified authority under Micro, Small and Medium Enterprise
Development Act, 2006) claiming their status during the year as micro, small or medium enterprises.
Consequently there are no amounts paid/ payable to such parties during the year.

11. Expenditure in foreign currency is Rs. NIL/- in respect of Foreign Travelling.

12. Export Sales in foreign currency is NIL/- (In Indian Rupees). However, Other Income in foreign
currency is Rs. Nil.

13. There is No Any Amalgamation or Acquisition with Other Company / Firm / Entity by the company
during the financial year.

14. As inform to us the company has made business investment of Rs. 4.69 crores with subsidiary
(Vintage FZE India Pvt Ltd) which are outstanding in balances sheet are subject to verification of
progress report and impairment testing.

15. The company has Not received any type of Government Grants or Subsidies.

16. The company did Not enter into any Lease Agreement.

17. Ageing of Debtors & Creditors: The details and of ageing of creditors including MSME creditors
details & details of ageing of debtors are as under:

18. No segment or part of company is discontinued or sold during the year (except the approved
disinvestment of the subsidiary).

19. Previous year figures have been regrouped /rearranged wherever necessary to correspond with
the current year’s classifications/disclosure.

20. Particulars of licensed capacity or production capacity is Nil/- of the company.

21. The company is engaged primarily in trading & commission agent. As per AS-108 Operating
Segment, none of the segment/products exceeds specified limits for the purpose of reporting as per AS-
108 is not applicable.

22. Deferred Tax Asset amounting to NIL/- has been created with respect to fixed assets considering
the prudence aspect.

23. Audit committee minutes not produced before us.

24. The turnover with GST is subject to verification of reconciliation. (Transactions entered via Journal
Vouchers).

25. All of the Debit, Credit, Balances including, Loans & advances, investment lying in various party’s
Customer’s accounts are subject to their balance confirmation as details not produced before us.

26. As inform to us by the management there were no Crypto currency or virtual currency transaction.

27. As inform to us by the management there were no new registration of charges with ROC except old
charges continue.

28. The management has not submitted statement of current assets for stock & debtors with bank for
CC loan limit.

29. As inform to us by the management there were no details of benami property held.

24 Taxation:

Current Taxes

Inspite of profits earned during the year ended 31st March, 2026, no provision for income tax is made, in view of brought forward losses & unabsorbed depreciation.
Further, the company had opted for the new taxation regime under section 115BAA of Income Tax Act ,1961 during the previous year and accordingly no provision for
tax is required to be made under section 115JB of Income Tax Act, 1961 as well.

25 Contingent liabilities

a Provision for Warranties :

As per Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets, issued by the Institute of Chartered Accountants of India, there is no warranty provision
during the year.

26 Derivative Instruments and Un-hedged foreign currency exposure :

There is no unhedged foreign currency exposure and open positions on derivative instruments as at year ended 31st March, 2026.

27 Foreign Currency Income/Expense

The Company has neither earned any income nor incurred any expenses in foreign currency during the year

(b) Fair Value Hierarchy

The Fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable and consist of the
following three levels :

Level 1: Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2: Inputs are other than quoted prices included within level1 that are observable for the asset or liability , either directly (i.e as prices )or indirectly
(i.e derived from prices)

Level 3: Inputs are not based on observable market data (unobservable inputs. Fair value are determined in whole or in part using a valuation model based on
assumption that are neither supported by prices from observable current market transaction in the same instrument nor are they based on available market data.

There are no assets measured at fair value; either through profit & loss or through Other Comprehensive Income, during the year.

32 Details of Benami Property held

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 thereunder.

33 Borrowings from banks for Credit Facility

The Company has not availed off any credit facilities from banks or financial institutions against the security of current assets during the year ended 31st March, 2025

34 Wilful Defaulter

Neither company nor any of its directors has been wilfil defaulter as per the definition of RBI.

35 Relationship with Struck Off Companies

The Company has not entered into any transactions with the companies struck off under Section 248 of the Companies Act, 2013 or Section 560 of Companies Act, 1956
during the year.

36 Registration of Charges or satisfaction with Registrar of Companies

During the year, there are no instances of any registration, modification or satisfaction of charges which are pending for registration with Registrar of Companies (ROC)
beyond the statutory period.

37 Compliance with number of layers of companies

The Company is in compliance with the relevant provisions of the Companies Act, 2013 with respect to the number of layers prescribed under clause (87) of Section 2 of
the Companies Act, 2013 read with the Companies (Restriction on number of Layers) Rules, 2017.

38 Compliance with approved Scheme(s) of Arrangements

There is no Scheme of Arrangement approved by the Competent Authority in terms of Sections 230 to 237 of the Companies Act, 2013 during the year and hence, no
disclosures are required to be made by the Company in these financial statements for the year ended 31st March, 2025.

39 Utilisation of Borrowed Funds and Share Premium under Rule 11(e)

No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any
other person(s) or entity(ies), including foreign entities ("Intermediaries") with the understanding, whether recorded in writing or otherwise, that the Intermediary shall
lend or invest in party identified by or on behalf of the Company (Ultimate Beneficiaries).

The Company has not received any fund from any party(s) (Funding Party) with the understanding that the Company shall whether, directly or indirectly lend or
invest in other persons or entities identified by or on behalf of the Company ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries.

40 Rounding of Amounts

All amounts disclosed in the financial statements and notes have been rounded off to the nearest lakhs, or decimals thereof, as per the requirement of Schedule III,
unless otherwise stated.

41 The Company has not traded or invested in any crypto currency or virtual currency during the year and previous year.

42 There has been no fraud by the company or on the company during the year and previous year.

43 Dividend

During the year ended 31st March, 2026, no dividend has been proposed.

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

For J.M. Patel & Bros. of Alka India Limited

Chartered Accountants

F.R.No : 107707W Sd/-

Karnik Shasankan Pillai
Managing Director
DIN:08529650

Sd/-

(J. M. Patel)

M.COM., F.C.A. Sd/- Sd/-

M. No. 030161 Harshkumar Kalidas Patel Himani Jhamar

Chief Financial Officer M. No - A76401

Company Secretary &

DATE : 07-04-2026 Compliance Officer

Place :Ahmedabad