1. Terms/rights attached to equity shares:
i. The company has only one class of shares referred to as equity shares having a par value of Rs.10/-. Each holder of equity shares is entitled to one vote per share.
ii. In the event of liquidation of the Company, the holders of equity shares shall be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts. The amount distributed will be in proportion to the number of equity shares held by the shareholders.
2. The figures disclosed above are based on the summary statement of assets and liabilities of the Company.
3. Company does not have any Revaluation Reserve.
4. The company have been formed pursuant to the conversion of the erstwhile TGIF Agribusiness LLP into the company, pursuant to which 19,00,000 were issued to the existing partners of the LLP on December 27, 2023.
Amount due to entities covered under Micro, Small and Medium Enterprises as defined in the Micro, Small, Medium Enterprises Development Act, 2006, have been identified on the basis of information available with the Company. There was no amount due to any such entities which needs to be disclosed.
The Company was incorporated on 27 December 2023. This being the first year of incorporation, there are no corresponding figures for the previous period .
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