D. Rights, preferences and restrictions attached to Equity shares

The Company has only one class of shares referred to as equity shares having a par value of ?10 per share. Each holder of equity shares is entitled to one vote per share. The dividend, if any proposed by the board of directors is subject to the approval of the shareholders in the ensuing Annual general Meeting. 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.

23.1 Refer Note-20 for non current portion of long tern debts.

23.2 Nature of security given:

Cash Credit Loan from Axis Bank Ltd:

(i) First charge by way of hypothecation on the Closing stock of the company.

(ii) First charge by way of hypothecation on Debtors of the Company

(iii) First charge by way of hypothecation of Residential Flat with area-1025sq. ft at Shyam Residency, Flat 5E, New Cord Raod, 71, Ward -22, Shyamnagar North 24 pgns, W.B 743128

(iv) First charge by way of hypothecation of Residential Flat with area-862sq. ft. at Shyam Residency, Flat 5G, New Cord Raod, 71, Ward -22, Shyamnagar, North 24 pgns, W.B- 743128

(v) First charge by way of hypothecation of Residential Flat with area-862sq. ft. at Shyam Residency, Flat 5F, New Cord Raod, 71, Ward -22, Shyamnagar, North 24 pgns, W.B 743128

Overdraft facility from Axis Bank Ltd:

(i) First Charge by way of hypothecation of Property (Vacant Land) situated at 519, LR Khatian No. 1962,1963,1961, Kashimpur, under PS- Barasat, present Duttapukur 743248, North 24 pgns

(ii) Personal Guarantee of Mr. Mahendra Singh, Director of the Company

(iii) Rate of Interest Repo rate t 3.25%

2 Pending Litigations

(i) The company does not have any pending litigation as on the reporting date, which would impact the financial position of the company.

3 Earnings Per Share

Basic earnings per share is computed by dividing the net profit after tax by the weighted average number of equity sharesoutstanding during the period. Diluted earning per share is computed by dividing the profit after tax by the weighted averagenumber of equity share considered for deriving basic earning per share and also the weighted average number of equity share that could have been issued upon conversion of all dilutive potential equity share.

The diluted potential equity share are adjusted for the proceeds receivable had the shares been actually issued at fair value which is the average market value of the outstanding share.

4 Employee Benefit Plans

As per Ind AS -19" Employee Benefits", the disclosures of Employee Benefits are as follows:

4.01 Defined Benefit Plans Leave Encashment

The Leave scheme followed by Grameva Limited allows availment of accumulated leave during thefinancial year only and does not provide for any lump sum payment made on exit either by way of retirement, death, disability or voluntary withdrawal. The accumulated leave lapses at the year end.

Gratuity

The present value of obligation is determined based on actuarial valuation using the Projected Unit Credit Method, which recognizes each period of service as giving rise to additional unit of employee benefit entitlement and measures each unit separately to build up the final obligation. The company has not dedicted funds to meet the future obligations and hence no contribution towards any fund has been made.

The present value of the defined benefit obligation, and the th related current service cost and past service cost, were measured using the projected unit credit method.

4.10 The Gratuity have been recognised under" Contribution to gratuity and other funds" clubbed with " Salaries and wages" under Note No.34 - Employee benefits expenses.

5 Fair value measurement

The fair value of the financial assets and liabilities are included at the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

The management has assessed that the fair values of Cash and cash equivalents, Trade receivables, Trade payables, Short term borrowings, Other current financial liabilities and Other current financial assets approximates their carrying amounts largely due to the short-term maturities of these instruments.

5.2 Fair Value Hierarchy

The fair value of the financial assets and financial liabilities are included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale.

Fair value of Cash and cash equivalents, Bank balances other than cash and cash equivalents, Trade receivables and Other current financial assets, Short term borrowings from banks, Trade payables and Other current financial liabilities approximate their carrying amounts due to the short-term maturities of these instruments.

The Company uses the following fair value hierarchy for determining and disclosing the fair value of financial instruments;

Quoted prices in an active market (Level l): This level of hierarchy includes financial assets that are measured by reference to quoted prices (unadjusted) in active markets for identical assets or liabilities. This category consists of investment in quoted equity shares and mutual funds.

Valuation techniques with observable inputs (Level 2): This level of hierarchy includes financial assets and liabilities, measured using inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices).

Valuation techniques with significant unobservable inputs (Level 3): This level of hierarchy includes financial assets and liabilities measured using inputs that are not based on observable market data (unobservable inputs). Fair value is determined in whole or in part, using a valuation model based on assumptions that are neither supported by prices from observable current market transactions in the same instrument nor are they based on available market data. This Level includes investment in unquoted equity shares and debentures.

6 Financial risk management objectives and policies

The Company's principal financial liabilities includes Borrowings, Trade payable and Other financial liabilities. The main purpose finance the Company’s operations. The Company's principal financial assets include Trade receivables, Cash and cash equivalents and Otherfinancial assets that derive directly from its operations.

The Company is exposed to credit risk, liquidity risk and market risk. The Company's senior management oversees the management of these risks and the appropriate financial risk governance framework for the Company. The senior management provides assurance that the Company's financial risk activities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with the Company's policies and risk objectives. The Board of Directors reviewed policies for managing each ofthese risks, as shown below:

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 risk: interest rate risk, currency risk and other risks, such as regulatory risk and commodity price risk. Financial instruments affected by market risk include borrowings and equity investments.

(i) Interest Rate Risk Management

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company’s exposure to the risk of changes in market interest rates relates

The credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the company.

Customer credit risk is managed by the Company subject to the Company's established policy, procedures and control relating to customer credit risk management. Outstanding customer receivables are regularly monitored. The maximum exposure to credit risk at the reporting date is the carrying value of trade receivable disclosed in Note No. n

The company maximum exposure to credit risk with respect to the financial asset are summarised below;

(iii) Liquidity risk management

Liquidity risk refers to the risk that the Company may encounter difficulty in meeting its financial obligations in accordance with terms of contract. Prudent liquidity risk management implies maintaining sufficient cash and marketable securities and the availability of funding through an adequate amount of committed credit facilities to meet obligations when due.

Ultimate responsibility for liquidity risk management rests with the board of directors, which has established an

appropriate liquidity risk management framework for the management of the Company's short-term, medium-term and long-term funding and liquidity management requirements. The Company manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities.

The following tables detail the Company's remaining contractual maturity for its non-derivative financial liabilitieswith 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. To the extent that interest flows are floating rate, the undiscounted amount is derived from interest rate curves at the end of the reporting period. The contractual maturity is based on the earliest date on which the Company may be required to pay.

7 Capital Management

(a) Risk Management

The Company manages its capital to ensure it witl be able to continue as going concern while maximising the return to stakeholders through the optimisation of the debt and equity balance. The capital structure of the Company consists of net debt and total equity of the Company. The Company is not subject to any externally imposed capital requirements.

In order to achieve this overall objective, the Company's capital management, management, amongst other things, aims to ensure that it meets financial covenants attached to the interest-bearing loans and borrowings that define capital structure requirements. The Company has complied with these covenants and there have been no breaches in the financial covenants of any interest-bearing loans and borrowings.

8 Capital Management

Leases

(a) The company has taken certain property on lease which has been classified as "Right of Use" assets and amortised over the lease term. Amortisation charges from right of use assets is included under Depreciation And Amortisation Expenses.

(Refer Note 36 in the Statement of Profit & Loss)

(b) Further to above, the company has certain lease arrangements on short term basis and lease of low value assets, expenditure on which amounting to E 11.82 Lacs (March 31st 2025: E 8.07 Lacs) has been recognised under line item "Rent Expenses" under "Other Expenses" in the Statement of Profit & Loss. The interest expenses on lease liabilities amounting to E 1.34 Lacs (March 31st, 2025 :Nil Lacs) has been grouped under "Finance Cost" in the Statement of Profit & Loss.

(c) None of the assets taken on lease, both long term and short term, has been let out on sub-lease basis. The total cash outflow for the leases during the year amounts to E 4.06 Lacs ( March 31st 2025: Nil).

(i) The Company does not have any Benami property, where any proceeding has been initiated or pending against the company for holding any Benami property.

(ii) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

(iii) The Company have 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 to or on behalf of the Ultimate Beneficiaries.

(iv) The Company is in compliance with 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 (as amended).

(v) The Company does not have any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.

(vi) There were no significant adjusting events that occurred subsequent to the reporting period other than the events disclosed in the relevant notes.

(vii) The Company does not have any transactions with companies struck off.

(viii) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

(ix) The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority.

(x) The Company has used an accounting softwares for maintaining its books of account which has a feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the software. Further, there was no instance of audit trail feature being tampered with and the same has been preserved by the Company as per the statutory requirements for record retention, where such feature is enabled.

(xi) During the year ended 31st March, 2026, the Company has reclassified and regrouped Comparative Figures of 31^s* March, 2025 for better representation. These reclassifications and regroupings are primarily to confirm to the current years classification, which do not have material impact on the Financial Statements.

15 The above financial statements have been reviewed by the audit committee and subsequently approved by the Board of Directors at its meeting held on 20^th May, 2026.