Your directors have pleasure in presenting 4th Annual Report together with audited financial statement for the financial year ended on 31st March, 2025.

1. DISCLOSURE OF FINANCIAL SUMMARY OR HIGHLIGHTS

The Company's financial performance, for the year ended 31st March, 2025 is summarized below:

The intervening gap between two consecutive Board meetings is within the time prescribed under Companies Act, 2013 as well in compliance of Secretarial Standard - 1.

3.    COMMITTEE MEETINGS

The board has not constituted any sub-committee as same is not required under applicable provisions of Companies Act, 2013.

4.    DIRECTOR'S RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors state that:

1.    in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

2.    the Directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of the company for that period;

3.    the Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

4.    the Directors had prepared the annual accounts on a going concern basis; and

5.    the Directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

5.    FRAUDS REPORTED BY AUDITORS

The Auditor has not reported any frauds which are required to be reported by the auditors under sub-section (12) of section 143 of the Companies Act, 2013.

6.    DECLARATION OF INDEPENDENCE

A statement on declaration given by independent Directors under sub-section (6) of section 149 of the Companies Act, 2013 is not applicable.

7.    DISCLOSURE FOR COMPANIES COVERED UNDER SECTION 178(1) ON DIRECTORS' APPOINTMENT AND REMUNERATION INCLUDING OTHER MATTERS PROVIDED UNDER SECTION 178(3):

The Company was not required to constitute a Nomination and Remuneration Committee under Section 178 (1) of the Companies Act, 2013 and Rule (6) of the Companies (Meetings of Board and its Powers) Rules, 2014 and Stakeholders Relationship Committee under Section 178 (5) of the Companies Act, 2013. Hence, disclosure under 178 is not applicable.

8.    DETAILS OF LOAN, GUARANTEE, INVESTMENT OR SECURITY IS GIVEN BY THE COMPANY AS PER SECTION 186

During the year under review, the Company has not granted any Loans, or provided any guarantee or made investments as covered under Section 186 of the Companies Act, 2013 and complied with the applicable provisions.

9.    STATE OF COMPANY'S AFFAIRS (Amount In Rupees)

The Directors of your Company are pleased to report that during the year under review, the Company has carried out business operations and achieved a total revenue of ^ 16,00,18,000/- for the year ended, as against ^ 5,00,52,000/- in the previous financial year. The Company has earned a net profit of ^ 2,50,09,000/- during the year, as compared to a net profit of ^ 72,33,000/- in the previous year.

To cater long-term working capital and capital expenditure outlay and expansion of business of the Company, the company is planning to raise further capital in the form of IPO. Your company has taken various steps towards IPO process including conversion of Private Limited into public company, appointment of Woman and Independent Directors, appointment of Key Managerial Personnel etc. in compliance of the provisions of the Act and various securities laws.

Your directors are hopeful for the brighter future of the company in the years to come.

10.    TRANSFER OF AMOUNT TO RESERVES

During the year under report, the company has not transferred any amount to the reserves.

11.    DECLARATION OF DIVIDEND

The board of directors of your company does not recommend any dividend for the year and has not declared interim dividend during year under review.

12.    DETAILS OF MATERIAL CHANGES AND COMMITMENT OCCURRED DURING THE PERIOD BETWEEN THE END OF FY AND THE DATE OF REPORT, AFFECTING FINANCIAL POSITION OF COMPANY

After closure of Financial, Company converted from Private Limited Company to Limited Company by passing a Special resolution dated 12th April, 2025 and Registrar of Companies, CRC has issued Certificate of Incorporation Consequent upon conversion to public company on 02/05/2025. Except this, there is no material changes and commitments occurred between the end of the financial year of the Company to which the financial statements relate and the date of the report affecting the financial position of the.

13.    RISK MANAGEMENT POLICY

The Company has developed and implemented a risk management policy which identifies major risks which may threaten the existence of the Company. The same has also been adopted by your Board and is also subject to its review from time to time. Risk mitigation process and measures have been also formulated and clearly spelled out in the said policy.

14.    CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

A.    Conservation of energy

a.    the steps taken or impact on conservation of energy - Nil

b.    the steps taken by the company for utilizing alternate sources of energy - Nil

c.    the capital investment on energy conservation equipments - Nil

B.    Technology absorption

a.    the efforts made towards technology absorption - Nil

b.    the benefits derived like product improvement, cost reduction, product development or import substitution in case of imported technology - Nil

c.    the expenditure incurred on Research and Development -Nil

C. Foreign Exchange earnings and Outgo

a.    Foreign Exchange Earnings - Rs. 54,02,000

b.    Foreign Exchange Outgo - Nil

15.    STATEMENT REGARDING OPINION OF THE BOARD WITH REGARD TO INTEGRITY, EXPERTISE AND EXPERIENCE (INCLUDING THE PROFICIENCY) OF THE INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR

The Company is not required to appoint Independent Directors. Hence disclosure under Rule 8 (5) (iiia) is not applicable.

16.    INTERNAL FINANCIAL CONTROL

The Company has in place adequate internal financial controls with reference to financial statements. During the year, such controls were tested and no reportable material weakness in the design or operation was observed.

17.    COST RECORDS

Maintenance of cost records as specified by the Central Government under sub-section (1) of section 148 of the Companies Act, 2013, is not required by the Company.

18.    APPLICATION OR PROCEEDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

No any application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 during the year.

19.    ONE TIME SETTLEMENT

the details of difference between amount of the valuation done at the time of one-time settlement and the valuation done while taking loan from the Banks or Financial Institutions along with the reasons thereof is not applicable as no such instance arise.

20.    DISCLOSURE OF CHANGE IN NATURE OF BUSINESS

During the year under review, there were no changes in the nature of the business of the company during year under review.

21.    DETAILS OF DIRECTORS OR KEY MANAGERIAL PERSONNEL WHO WERE APPOINTED OR HAVE RESIGNED DURING YEAR

Mr. Paraskumar Vinubhai Parmar (DIN: 10952040) was appointed as an additional director of the Company w.e.f. 17.02.2025. The Company has received a notice in writing from a member under Section 160 of the Companies Act, 2013 signifying his intention to propose, Mr. Paraskumar Vinubhai Parmar (DIN: 10952040) as a candidate for the office of the director of the Company. Board recommends his appointment as a director at ensuing Annual general Meeting.

Board recommends the following appointment of director and changes in designation/terms of director at ensuing Annual general Meeting.

1.    Appointment of Mr. Paraskumar Vinubhai Parmar (DIN: 10952040) as Executive Director of the company.

2.    Appointment of Mr. Mayur Popatlal Sojitra (DIN: 09108404) as Managing Director of the company.

3.    Appointment of Mr. Ankurkumar Shantilal Patel (DIN: 09130391) as Whole-time Director of the company.

4.    Appointment of Mr. Arun Das (DIN: 09657537) as an independent Director of the company.

5.    Appointment of Mr. Mahipal Singh Chouhan (DIN: 08977710) as an independent Director of the company.

6.    Appointment of Ms. Shruti Gupta (DIN: 10310259) as an independent Director of the company.

Pursuant to the provisions of Section 152 of the Companies Act, 2013, Mr. Harshad Nanubhai Rathod (DIN: 09108392), Director, is liable to retire by rotation at the ensuing Annual General Meeting (AGM) of the Company and, being eligible, has offered himself for re-appointment. The Board of Directors recommends his reappointment for the approval of the shareholders at the AGM.

Further Provisions related to Appointment of Key Managerial Personnel u/s 203 of the Companies Act, 2013 is not applicable to the company.

Further, After closure of financial year:

1.    CS Payal Hareshbhai Kotadiya [ACS A77545] has been appointed as Company Secretary and Compliance Officer of the company with effect from 06/09/2025.

2.    Mr. Paraskumar Vinubhai Parmar (DIN: 10952040) has been appointed as Chief Financial officer of the Company w.e.f. 11/09/2025.

22.    DEPOSITS ACCEPTED DURING YEAR

The Company has not invited/ accepted any deposits from the public during the year ended March 31, 2025. There were no unclaimed or unpaid deposits or interest thereon as on March 31, 2025. The company has availed unsecured loans from its directors and director's relatives.

23.    DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNALS IMPACTING GOING CONCERN STATUS AND COMPANY'S OPERATIONS IN FUTURE

During the year under review, no significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and company's operations in future.

24.    PERFORMANCE EVALUATION

The statement indicating the manner in which formal annual evaluation has been made by the Board of its own performance and that of its committees and individual directors is not applicable to the Company.

25.    A STATEMENT THAT THE COMPANY HAS COMPLIED WITH PROVISIONS RELATING TO THE CONSTITUTION OF INTERNAL COMPLAINTS COMMITTEE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013.

The Company maintains a zero-tolerance policy towards sexual harassment at the workplace. The Company has adopted a policy on prevention, prohibition, and redressal of sexual harassment at workplace in line with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules made thereunder, as amended from time to time.

The Company has complied with provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

(a)    number of complaints of sexual harassment received in the year; - Nil

(b)    number of complaints disposed off during the year; - Nil

(c)    number of cases pending for more than ninety days - Nil

26.    A STATEMENT WITH RESPECT TO THE COMPLIANCE OF THE PROVISIONS RELATING TO THE MATERNITY BENEFIT ACT, 1961

The Company has complied with provisions of Maternity Benefit Act.

27.    SHARE CAPITAL

During the year under review, Following changes in capital Structure of the Company:

1.    The Authorized capital of the Company is increased from Rs. 36,00,000 to Rs. 6,00,00,000 by passing an ordinary resolution dated 01/03/2025.

2.    The paid-up capital increased from Rs.36,00,000 to Rs.45,00,000 by issue of 90000 Equity shares are allotted on right basis by passing a Board resolution dated 20/03/2025.

3.    The paid-up capital increased from Rs.45,00,000 to Rs.48,70,000 by issue of 37000 Equity shares are allotted on right basis by passing a Board resolution dated 28/03/2025.

Further, the Company has not issued shares with differential voting rights nor granted stock options nor sweat equity. The Company has also not purchased its own shares by employees or by trustees for the benefit of the Company.

After closure of financial year under review, Following changes in capital Structure of the Company:

1.    The paid-up capital increased from Rs.48,70,000 to Rs.53,20,000 by issue of 45000 Equity shares are allotted on right basis by passing a Board resolution dated 06/09/2025.

2.    The paid up capital increased from Rs.53,20,000 to Rs.5,32,00,000 by issue of 4788000 Equity shares are allotted as Bonus shares by passing a Board resolution dated 10/09/2025.

Further, Board proposed to increase authorized capital of the company from Rs. 6,00,00,000 to Rs. 8,00,00,000 at ensuing Annual General Meeting.

29.    ANNUAL RETURN

Pursuant to Section 134(3)(a) of the Act, the copy of draft annual return in form MGT-7 for financial period 2024-25 prepared in accordance with Section 92(3) of the Act is available on the website of the Company at https://www.accretionnutraveda.com/.

30.    SUBSIDIARIES, JOINT VENTURE OR ASSOCIATE COMPANIES

The company does not have any subsidiaries, joint venture or associate companies. Therefore, there is no requirement to prepare consolidated financial statement for the Financial Year under review.

31.    AUDITORS AND AUDITORS' REPORT

M/s V S S B & ASSOCIATES [ICAI Firm Registration No.: 121356W], Chartered Accountants, were appointed as Statutory Auditors of the Company, to fill casual vacancy arised due to resignation of K M V & Co. [ICAI Firm Registration No.: 139787W], at Extra-ordinary general meeting of the company held on 18/07/2025 to hold office till the conclusion of next annual general Meeting. Board recommended their re-appointment as statutory auditor for 5 Consecutive financial year commencing from the conclusion of the 4th Annual General Meeting of the company till the conclusion of 9th Annual General Meeting of the company to be held in the year 2030.

The Notes on financial statement referred to in the Auditors' Report are self-explanatory and do not call for any further comments. The Auditors' Report does not contain any qualification, reservation or adverse remark.

32.    CONTRACTS OR ARRANAGEMENTS WITH RELATED PARTIES

All Related Party Transactions entered during the financial year 2024-25 were in compliance to the provisions of law and were entered with the approval of Board and Shareholders, wherever applicable.

All related party transactions executed during the financial year were on arm's length basis, ordinary course of business and in accordance with the provisions of the Act and the rules made thereunder.

During the year, your Company has not entered into any transactions with related parties which could be considered material in terms of Section 188 of the Companies Act, 2013. Accordingly, the disclosure in Form AOC-2 pursuant to compliance of Section 134(3)(h) of the Companies Act, 2013 and Rule 8(2) of the Companies (Accounts) Rules, 2014 is not applicable to the Company for 2024-25 and hence does not form part of this report.

Your Company did not enter into any related party transactions during the year under review, which could be prejudicial to the interest of minority shareholders.

33.    SECRETARIAL STANDARDS

During the year under review, the company has complied with the applicable secretarial standards.

34.    SECRETARIAL AUDIT

During the year under review, secretarial audit as per section 204(3) of the Companies Act, 2013 is not applicable to the Company.

35.    THE FOLLOING CLAUSES OF SECTION 134 ARE NOT APPLICABLE TO THE COMPANY:

Details of employees drawing remuneration of more than Rs. 8.5 Lakhs per month or Rs. 1.02 Crores per annum as prescribed under Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016.

36.    ACKNOWLEDGEMENT:

Your directors acknowledge with thanks the support and co-operation extended by the Investors, Bankers, Business Associates and employees at all levels for their valuable patronage.