During the year ended 31st March, 2025, the Company completed its Initial Public Offer (IPO) of 1,34,32,000 equity shares of face value of ?5 each at an issue price of ?61 per share, aggregating to ?8,193.52 lakhs. The IPO comprised a fresh issue of 1,20,88,800 equity shares, aggregating to ?7,374.17 lakhs, and an Offer for Sale of 13,43,200 equity shares by the selling shareholder, aggregating to ?819.35 lakhs. The equity shares of the Company were listed on the NSE SME platform on 5th September, 2024.

The Company incurred ?976.00 lakhs as IPO-related expenses (inclusive of GST). As per the agreement between the Company and the selling shareholder, ?94.00 lakhs of these expenses were incurred by the selling shareholder, and the balance ?882.00 lakhs was borne by the Company. Out of the Company’s share, ?871.95 lakhs has been adjusted against the securities premium account.

33 : Additional regulatory and other information as required by the Schedule III to the Companies Act 2013

i) The Company has not revalued its Property, Plant and Equipment since the Company has adopted cost model as its accounting policy to an entire class of Property, Plant and Equipment.

ii) The Company has not granted any loan or advance in the nature of loan to promoters, directors, KMPs and other related parties that are repayable on demand or without specifying any terms or period of repayment

iii) There are no proceedings 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

iv) The company has borrowings from banks and financial institutions on the basis of security of current assets. The quarterly returns or statements of current assets filed by the company with banks and financial institutions are in agreement with the books of accounts.

v) The Company is not declared as wilful defaulter by any bank or financial Institution or other lenders.

vi) The Company did not have any transactions with Companies struck off under Section 248 of Companies Act, 2013 or Section 560 of Companies Act, 1956 considering the information available with the Company.

vii) The Company do not have any parent company and accordingly, compliance with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017 is not applicable for the year under consideration.

viii) There are no Scheme of Arrangements approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013 during the year.

ix) 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 (i) 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 (ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

x) The company has also 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 (i) 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 (ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

xi) The Company do not have any transaction which are not recorded in the books of accounts that has been surrendered or disclosed as income in the tax assessments under the Income Tax Act, 1961 during any of the years.

xii) The Company did not trade or invest in Crypto Currency or virtual currency during the financial year. Hence, disclosures relating to it are not applicable.

*Maximus, acting as the Operational Creditor, filed an insolvency application under the IBC (2016) against Jeyyam Global Foods, alleging non-payment of ?52 lakhs for consultancy services rendered between 2015 and 2018. The claim was based on a Memorandum of Understanding (MoU) signed in February 2018, which Maximus viewed as an acknowledgment of debt. Jeyyam contested the claim, citing dissatisfaction with services and questioning the validity of the MoU following the resignation of its Managing Director in March 2018. The NCLT, in its order dated 02.09.2021, dismissed the application on grounds of a pre-existing dispute, referring to Jeyyam’s detailed reply from January 2019. As a result, no CIRP was initiated, and the matter currently stands closed at the insolvency stage. While Maximus may explore civil recovery, for Jeyyam, the issue poses no immediate financial or operational impact, with exposure limited primarily to legacy reputational considerations

**The Company is currently addressing 34 FSSAI-related cases concerning food safety compliance. While a few matters have resulted in minor fines, several are pending hearings through September 2024, and some have already been resolved as non-material issues.These proceedings primarily involve routine legal follow-ups, with limited financial exposure and manageable reputational considerations. Key hearings and appeals remain ongoing since the cases are up for hearing, and the company challenges the claims on them.

36 : Segment Information

The Company operates in different geographical locations within India; however, the operations across these locations are similar in nature and are subject to similar risks and returns, governed by a common regulatory environment. Therefore, in accordance with Accounting Standard 17 - Segment Reporting, no separate disclosure of geographical segments is considered necessary.

37 : Statement of Foreign currency transaction

During the year ended 31st March 2025, the Company has not entered into any transactions in foreign currency. Accordingly, there are no earnings or expenditures in foreign currency and no foreign currency assets or liabilities outstanding as at the balance sheet date.

38 : Audit Trail

The Company has accounting software for maintaining its books of account for the financial year ended March 31,2025 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. The audit trail has been preserved by the Company as per the statutory requirements for record retention.

39 : Re-grouping/re-classification of amounts

Previous year's figures are regrouped / rearranged, where necessary, to confirm to the current year's classification / disclosure.