Notes to Accounts of Integra Essentia Ltd.

Mar 31, 2025

(j) Provisions and Contingencies Provisions

A provision is recognised when the Company has a present obligation (legal or constructive) as a result of past event, it is probable
that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be
made of the amount of the obligation. These estimates are reviewed at each reporting date and adjusted to reflect the current best
estimates.

If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, when
appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is
recognised as a finance cost"

Contingent Liabilities and Contingent Assets

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence
or non-occurrence of one or more uncertain future events beyond the control of the Company or a present obligation that is not
recognised because it is not probable that an outflow of resources will be required to settle the obligation. A contingent liability
also arises in extremely rare cases, where there is a liability that cannot be recognised because it cannot be measured reliably. The
Company does not recognize a contingent liability but discloses its existence in the financial statements unless the probability of
outflow of resources is remote.

Contingent assets are not recognised in the financial statements. If the inflow of economic benefits is probable, then it is disclosed
in the financial statements.

Provisions, contingent liabilities, contingent assets and commitments are reviewed at each Balance Sheet date.

(k) Employee Benefits

(i) Short-term Obligations

Liabilities for wages and salaries, including non-monetary benefits that are expected to be settled wholly within 12 months
after the end of the period in which the employees render the related service are recognised in respect of employees''
services up to the end of the reporting period and are measured at the amounts expected to be paid when the liabilities
are settled."

(ii) Post-employment Obligations

The Company operates the following post-employment schemes:

(a) Defined benefit plan (Gratuity), and

(b) Defined contribution plans such as, provident fund.

Defined Benefit Plan

The liability or asset recognised in the Balance Sheet in respect of defined benefit gratuity plan is the present value
of the defined benefit obligation at the end of the reporting period. The defined benefit obligation is calculated
annually on the basis of actuarial valuation using the Projected Unit Credit method.

The present value of the defined benefit obligation is determined by discounting the estimated future cash
outflows by reference to market yields at the end of the reporting period on government bonds that have terms
approximating to the terms of the related obligation.

The interest cost is calculated by applying the discount rate to the balance of the defined benefit obligation. This
cost is included in employee benefits expense in the Statement of Profit and Loss.

Remeasurement gains and losses arising from experience adjustments and changes in actuarial assumptions are
recognised in the period in which they occur, directly in other comprehensive income.

Defined Contribution Plans

Defined Contribution Plans such as provident fund are charged to the Statement of Profit and Loss as an expense,
when an employee renders the related services.

(iii) Other Long-term Employee Benefits

The liabilities for compensated absences that are not expected to be settled wholly within 12 months are measured as
the present value of expected future payments to be made in respect of services provided by employees up to the end of
the reporting period using the Projected Unit Credit method. Remeasurements as a result of experience adjustments and
changes in actuarial assumptions are recognised in the Statement of Profit and Loss.

The obligations are presented as current liabilities in the Balance Sheet if the entity does not have any unconditional right
to defer settlement for at least 12 months after the end of the reporting period, regardless of when the actual settlement
is expected to occur"

(l) Cash and Cash Equivalents

For the purpose of presentation in the Statement of Cash Flows as well as the Balance Sheet, cash and cash equivalents include
cash on hand, demand deposits with banks, other short-term highly liquid investments with original maturities of three months
or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

(m) Earnings per Share (EPS)

Basic earnings per share are computed by dividing the profit / (loss) after tax by the weighted average number of equity shares
outstanding during the year. The weighted average number of equity shares outstanding during the year is adjusted for the
events for bonus issue, bonus element in a rights issue to existing shareholders, share split and reverse share split (consolidation
of shares).

Diluted earnings per share is computed by dividing the profit / (loss) after tax as adjusted for dividend, interest and other charges
to expense or income (net off any attributable taxes) relating to the dilutive potential equity shares, by the weighted average
number of equity shares considered for deriving basic earnings per share and the weighted average number of equity shares
which could have been issued on conversion of all dilutive potential equity shares.

(n) Dividend Distribution to Equity Shareholders

Dividend distributed to Equity shareholders is recognised as distribution to owners of capital in the Statement of Changes in
Equity, in the period in which it is paid. Dividend proposed by the Board of Directors, subject to the approval of shareholders, is
disclosed in the notes to financial statements.

(o) Foreign Currency Transactions

Transactions in foreign currencies are recognised at the prevailing exchange rates on the transaction dates. Realised gains and
losses on settlement of foreign currency transactions are recognised in the Statement of Profit and Loss.

Monetary foreign currency assets and liabilities at the year-end are translated at the year-end exchange rates and the resultant
exchange differences are recognised in the Statement of Profit and Loss."

(p) Revenue Recognition

Revenue from contracts with customers''. Revenue from contracts with customers is recognized on transfer of control of promised
goods or services to the customer at amount that reflects the consideration to which the company is expected to be entitled to
in exchange for those goods or services. Revenue towards satisfaction of performance obligation is measured at the amount of
transaction price (net of variable consideration) allocated to that performance obligation.

The transaction price of goods sold and services rendered is net of variable consideration on account of various discounts and
schemes offered by the Company as part of the contract. This variable consideration is estimated based on expected value of
outflow. Revenue (net of variable consideration) is recognized only to the extent that it is highly probable that the amount will not
be subject to significant reversal when uncertainty relating to its recognition is resolved.

Revenue from sale of products is recognized when the control on the goods have been transferred to the customer. The performance
obligation in case of sale of products is satisfied at a point in time when material is shipped / delivered to the customer as may be
specified in the contract.

Interest Income

Interest income is accrued on a time proportion basis, by reference to the principal outstanding and the applicable effective
interest rate.

Dividend Income

Dividend income from investments is recognised when the shareholder''s rights to receive payment have been established.
Income from Services

Income from services is recognised (net of taxes as applicable) as they are
rendered, based on agreement/ arrangement with the concerned customers

(q) Significant Accounting Estimates, Judgements and Assumptions:

The preparation of the Company''s financial statements in conformity with Ind AS requires Management to make judgements,
estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the accompanying
disclosures, and the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in
outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods. The estimates
and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under
the circumstances existing when the financial statements were prepared. The estimates and underlying assumptions are reviewed
on an ongoing basis. Revision to accounting estimates is recognised in the year in which the estimates are revised and in any
future year affected.

In the process of applying the Company''s accounting policies, Management has made the following

judgements which have significant effect on the amounts recognised in the financial statements:

i. Useful Lives of Property, Plant and Equipment: Determination of the estimated useful life of tangible assets and the
assessment as to which components of the cost may be capitalised. Useful life of tangible assets is based on the life
specified in Schedule II of the Act and also as per Management estimate for certain category of assets. Assumption also
needs to be made, when the Company assesses, whether as asset may be capitalised and which components of the cost
of the assets may be capitalised.

ii. Fair Value Measurement of Financial Instruments: When the fair values of financial assets and financial liabilities recorded
in the Balance Sheet cannot be measured based on quoted prices in active markets, their fair value is measured using
appropriate valuation techniques. The inputs for these valuations are taken from observable sources where possible, but
where this is not feasible, a degree ofjudgement is required in establishing fair values. Judgements include considerations
of various inputs including liquidity risk, credit risk, volatility etc. Changes in assumptions/ judgements about these factors
could affect the reported fair value of financial instruments

iii. Measurement of Defined Benefit Plan: The cost of the defined benefit gratuity plan and other post- employment benefits
and the present value of the gratuity obligation are determined using actuarial valuations. An actuarial valuation involves
making various assumptions that may differ from actual developments in the future. These include the determination of
the discount rate, future salary increases and mortality rates. Due to the complexities involved in the valuation and its
long term nature, a defined benefit obligation is highly sensitive to changes in these assumptions. All assumptions are
reviewed at each reporting date"

iv. Impairment of Financial Assets: Trade receivables are stated at their normal value as reduced by appropriate allowances
for estimated irrecoverable amounts. Individual trade receivables are written off when Management deems them not
collectable. Impairment is made on the expected credit loss model, which is the present value of the cash shortfall over the
expected life of the financial assets. The impairment provisions for financial assets are based on assumption about the risk
of default and expected loss rates. Judgement in making these assumptions and selecting the inputs to the impairment
calculation are based on past history, existing market condition as well as forward looking estimates at the end of each
reporting period.

v. Impairment of Non-financial Assets: The Company assesses at each reporting date whether there is an indication that
an asset may be impaired. If any indication exists, the Company estimates the asset''s recoverable amount. An asset''s
recoverable amount is the higher of an asset''s or Cash Generating Units (CGU''s) fair value less costs of disposal and its value
in use. It is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent
of those from other assets or groups of assets. Where the carrying amount of an asset or CGU exceeds its recoverable
amount, the asset is considered as impaired and is written down to its recoverable amount.

In assessing value in use, the estimated future cash flows are discounted to their present value using pre-tax discount rate
that reflects current market assessments of the time value of money and the risks specific to the asset. In determining fair
value less costs of disposal, recent market transactions are taken into account, if no such transactions can be identified, an
appropriate valuation model is used.

vi. Contingencies: Management judgement is required for estimating the possible outflow of resources, if any, in respect of
contingencies/ claim/ litigation against the Company as it is not possible to predict the outcome of pending matters with
accuracy."

M) Taxation

Income tax expense comprises current tax expense and the net change in the deferred tax asset or liability during the year. Current
and deferred tax are recognized in the statement of profit and loss, except when they relate to items that are recognized in other
comprehensive income or directly in equity, in which case, the current and deferred tax are also recognized in other comprehensive
income or directly in equity, respectively.

Current Income Tax

Current income tax for the current and prior periods are measured at the amount expected to be recovered from or paid to the
taxation authorities based on the taxable income for that period. The tax rates and tax laws used to compute the amount are those
that are enacted or substantively enacted by the balance sheet date.

Current tax assets and liabilities are offset only if, the Company:

• Has a legally enforceable right to set off the recognized amounts; and

• Intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously. "

Defered Income Tax

Deferred tax is recognized for the future tax consequences of deductible temporary differences between the carrying values
of assets and liabilities and their respective tax bases at the reporting date, using the tax rates and laws that are enacted or
substantively enacted as on reporting date.

Minimum Alternate Tax (''MAT'') under the provisions of the Income Tax Act, 1961 is recognised as deferred tax in the Statement of
Profit and Loss. The credit available under the Income Tax Act, 1961 in respect of MAT paid is recognised as an asset only when and
to the extent it is probable that future taxable profit will be available against which these tax credit can be utilised. Such an asset
is reviewed at each Balance Sheet date.

Deferred tax assets are recognized to the extent that it is probable that future taxable income will be available against which the
deductible temporary differences, unused tax losses and credits can be utilized.

Deferred tax assets and liabilities are offset only if:

• Entity has a legally enforceable right to set off current tax assets against current tax liabilities; and

• Deferred tax assets and the deferred tax liabilities relate to the income taxes levied by the same taxation authority

N) Earnings per Share (EPS)

Basic earnings per share is computed by dividing the net profit after tax by the weighted average number of equity shares
outstanding during the period. Diluted earnings per share is computed by dividing the profit after tax by the weighted average
number of equity shares considered for deriving basic earnings per share and also the weighted average number of equity shares
that could have been issued upon conversion of all dilutive potential equity shares. The diluted potential equity shares are adjusted
for the proceeds receivable had the shares been actually issued at fair value which is the average market value of the outstanding
shares. Dilutive potential equity shares are deemed converted as of the beginning of the period, unless issued at a later date.
Dilutive potential equity shares are determined independently for each period presented.

O) Cash and Cash Equivalents

Cash and Cash equivalents comprises cash and calls on deposit with banks and corporations. The Company considers all highly
liquid financial instruments, which are readily convertible into cash and have original maturities of three months or less from the
date of purchase, to be cash equivalent.

P) Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit before tax is adjusted for the effects of transactions of a non¬
cash nature, any deferrals or accruals of past or future operating cash receipts or payments and items of income or expenses
associated with investing or financing cash flows. The cash flows from operating, investing and financing activities of the Company
are segregated.

R) Provisions and Contingencies

Provisions are recognized when the Company has a present obligation as a result of a past event, for which it is probable that an
outflow of resources will be required to settle the obligation and a reliable estimate of the amount of the obligation can be made.
Provision is not discounted to its present value and is determined based on the last estimate required to settle the obligation at
the year end.

Contingent liabilities are not provided for and are disclosed by way of notes to accounts, where there is an obligation that may, but
probably will not, require outflow of resources.

Where there is a possible obligation in respect of which the likelihood of outflow of resources is remote, no provision or disclosure
is made.

Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimate. If it is no longer probable that
the outflow of resources would be required to settle the obligation, the provision is reversed.

Contingent assets are neither recognized nor disclosed in the financial statements.

2A) Recent Indian Accounting Standards (Ind AS)

Ministry of Corporate Affairs ("MCA") notifies new standards or amendments to the existing standards under Companies (Indian
Accounting Standards) Rules as issued from time to time. For the year ended March 31, 2025, MCA has notifies and amendmends
to the existing standards. The Company has reviewed the new pronouncements and based on its evaluation has determined that
it does not have any significant impact in its financial statements.

2B) Reference to the cited provisions of section 135 of the Companies Act, 2013, CSR activities are applicable on the company.

The Authorised Share Capital of the Company consists of Equity Shares having nominal value of ? 1/- each. The rights and privileges to
equity shareholders are general in nature and allowed under Companies Act, 2013.

"The equity shareholders shall have:

(1) a right to vote in shareholders'' meeting. On a show of hands, every member present in person shall have one vote and on a poll,
the voting rights shall be in proportion to his share of the paid up capital of the Company;

(2) a right to receive dividend in proportion to the amount of capital paid up on the shares held.

The shareholders are not entitled to exercise any voting right either in person or through proxy at any meeting of the Company
if calls or other sums payable have not been paid on due date.

In the event of winding up of the Company, the distribution of available assets/losses to the equity shareholders shall be in
proportion to the paid up capital."

During the financial year ended March 31, 2025, the Company undertook a Rights Issue, pursuant to which 15,36,24,538 fully
paid-up equity shares of face value ?1/- each were allotted at a total price of ?3.25 per share (including a premium of ?2.25 per
share) to eligible shareholders on a rights basis. The proceeds raised from the issue have been utilised in accordance with the
objectives stated in the Rights Issue offer document.

The utilisation of funds from the Rights Issue, as on March 31, 2025, is outlined below:"

a) 5% Redeemable Cumulative Non- Convertible Preference Shares of ?1/- each, Redeemable at anytime before the expiry
of 20 years from the date of allotment (i.e. 16 August 2012) of the said preference shares at the option of the Company. The
holders of the said Preference Shares shall not have any right to vote in any manner before the Company at any meeting except
on resolutions placed before the Company at any meeting which directly affects their rights.

b) 9% Redeemable Cumulative Non- Convertible Preference Shares of ?1/- each, Redeemable at anytime between 16 February 2017
to 15 August 2022 at the option of the Company. The holders of the said Preference Shares shall not have any right to vote in any
manner before the Company at any meeting except on resolutions placed before the Company at any meeting which directly affects
their rights.

c) Company has received unsecured loans amounting to ? 600.00 Lakhs carrying interest rate of 8.00% pa, amounting to ? 400 Lakhs
carrying interest rate of 9.00% pa. All the Loans are repayable on demand and for business purpose. The above amount includes
interest receivable.

Pursuant to Section 135 of the Companies Act, 2013, CSR is applicable to every company having net worth of Rs 500 crore or more, or a
turnover of over Rs 1,000 crore or a net profit exceeding Rs 5 crore in any financial year.

Since the Company has exceeded the limits specified above, provisions of Section 135 of the Companies Act, 2013 is applicable to the
Company. The company has spend ? 20.00 Lakhs within the specified duration under CSR which exceeds the limits specified under the
provisions of Section 135 of companies Act, 2013.

? NOTE NO. 34 Capital Management

Equity share capital and other equity are considered for the purpose of Company''s capital management. The Company''s objective
for capital management is to manage its capital to safeguard all stakeholders The funding requirements are met through loans.

? NOTE NO. 35 Financial risk management

The Company''s Board of Directors has overall responsibility for the establishment and oversight of the Company''s risk management
framework. The Board of Directors has established the Risk Management Committee, which is responsible for developing and
monitoring the Company''s risk management policies. The Committee reports to the Board of Directors on its activities. The Company''s
risk management policies are established to identify and analyses the risks faced by the Company, to set appropriate risks limits and
controls and to monitor risk and adherence to limits. Risk management policies and systems are reviewed periodically to reflect changes
in market conditions and the Company''s activities. The Company, through its training, standards and procedures, aims to maintain a
disciplined and constructive control environment in which all employees understand their roles and obligations. The audit committee
oversees how management monitors compliance with the company''s risk management policies and procedures, and reviews the
adequacy of the risk management framework in relation to the risks faced by the Company. The audit committee is assisted in its
oversight role by internal audit.

Credit Risk

Credit risk is the risk of financial loss to the company if a customer or counter party to a financial instrument fails to meet its contractual
obligations, and arises principally from the company''s receivable from customers. Credit risk is managed through credit approvals
establishing credit limits and continuously monitoring the creditworthiness of customers to which the company grants credit terms in
the normal course of business. The company establishes an allowance for doubtful debts and impairment that represents its estimate of
incurred losses in respect of trade receivables and other financial assets.

Liquidity Risk

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The Company manages
its liquidity risk by ensuring as far as possible, that it will all ways have sufficient liquidity to meets it liabilities when due, under both
normal and stressed conditions, without incurring unacceptable losses or risk to Company''s reputation.

Market Risk

Market risk is the risk that changes in market prices- such as foreign exchange rates, interest rates and equity prices- will affect the
Company''s income or the value of its holdings of financial instruments. Market risk is attributable to all market risk sensitive financial
instruments including foreign currency receivables and payable and long term debt. We are exposed to market risk primarily related
to foreign exchange rate risk. Thus, our exposure to market risk is a function of revenue generating and operating activities in foreign
currency. The objective of market risk management is to avoid excessive in our foreign currency revenues and costs. The Company uses
derivative to manage market risk.

y NOTE NO. 36 Employee Benefits

Post-employment benefits plans

(a) Defined Contribution Plans -

In respect of the defined contribution plans, an amount of Nil (Previous Year Nil) has been provided in the Profit & Loss account for the
year towards employer share of PF contribution.

(b) Defined Benefit Plans -

The Liability in respect of gratuity is determined for current year as per management estimate is ? 2,39,649 (previous year ?3,42,491/-
as per acturial report) carried out as at Balance Sheet date. Amount recognized in profit and loss account is ?1,02,842 (previous year ?
3,42,491/).

? NOTE NO. 38 Statement of Management

(a) The current assets, loans and advances are good and recoverable and are approximately of the values, if realized in the ordinary
courses of business unless and to the extent if any stated otherwise in the Accounts. Provision for all known liabilities is adequate
and not in excess of amount reasonably necessary. There are no contingent liabilities except those stated in the notes.

(b) Balance Sheet, Statement of Profit & Loss and Cash Flow statement read together with the schedules to the accounts and notes
thereon, are drawn up so as to disclose the information required under the Companies Act, 2013 as well as give a true and fair
view of the statement of affairs of the Company as at the end of the year and results of the Company for the year under review.

? NOTE NO. 39 Segment Reporting

As on 31 March 2025, the Company is engaged in Trading of essential Items like Cashew Rice etc & Infra. which are considered as the

reportable business segment. Hence segment reporting is applicable to the company.

There have been no transfers between levels during the period

Valuation process and technique used to determine fair value

(i) The management assessed that fair value of cash and cash equivalents, trade receivables, trade payables, bank overdrafts and
other current financial assets and liabilities approximate their carrying amounts largely due to the short-term maturities of these
instruments.

(ii) The fair values of the equity investment which are quoted, are derived from quoted market prices in active markets. The
Investments measured at fair value and falling under fair value hierarchy Level 3 are valued on the basis of valuation reports
provided by external valuers with the exception of certain investments, where cost has been considered as an appropriate
estimate of fair value because of a wide range of possible fair value measurements and cost represents the best estimate of fair
values within that range.

(iii) The fair value of non-current borrowings carrying floating-rate of interest is not impacted due to interest rate changes, and will
not be significantly different from their carrying amounts as there is no significant change in the under-lying credit risk of the
Company (since the date of inception of the loans).

46 Additional Regulatory Information

(i) Company holds immovable property in its name and the same has been disclosed in the financial statements

(ii) Company doesn''t have investment property to revalue the property as is based on the valuation by a registered valuer as defined
under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

(iii) Company doesn''t have Property Plant and Equipment to revalue the same (including Right-of Use Assets),based on the valuation
by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

(iv) Company doesn''t have intangible asset to revalue the same , based on the valuation by a registered valuer as defined under rule
2 of Companies (Registered Valuers and Valuation) Rules, 2017

(v) The Company has not provided any loans to Promoters, Directors, Key Managerial Persons or related parties. The loans provided
to other body corporates are repayble on demand

(vi) Company doesn''t have any Capital-Work-in Progress

(vii) Company does not have any intangible assets under developments

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

(ix) The Company has no borrowings from banks or financial institutions on the basis of security of current assets

(x) The company has not been declared as a wilful defaulter by any lender who has the power to declare a Company as a wilful
defaulter at any time during the financial year or after the end of the reporting period but before the date when the financial
statements are approved.

(xi) There are no transactions and/or balances outstanding with companies struck off under section 248 of the Companies Act, 2013

(xii) The Company has not any charges or satisfaction yet to be registered with ROC beyond the statutory period

(xiii) Section 135 of Companies Act, 2013 relating to CSR Policy is applicable on the Company

(xiv) Compliance with number of layers of companies is applicable and same has been taken into effect in consolidated financial
statements.

(xv) Compliance with approved Scheme(s) of Arrangements, if any: NA

(xvi) The additional information pursuant to Schedule III to the Companies Act, 2013 are either nil or not applicable.

? NOTE NO. 47. Information on Segment Reporting pursuant to Ind AS 108 - Operating Segments
Operating segments:

Dealing in essential items
Trading Division - Infrastructure
Identification of segments:

The chief operational decision maker monitors the operating results of its business segments separately for the purpose of making
decisions about resource allocation and performance assessment. Segment performance is evaluated based on profit and loss of the
segment and is measured consistently with profit or loss in these financial statements. Operating segments have been identified on
the basis of the nature of products.

Segment revenue and results

The expenses and income which are not directly attributable to any business segment are shown as unallocable expenditure (net of
unallocable income).

Segment revenue, assets and liabilities results include the respective amounts identifiable to each of the segments and amounts
allocated on a reasonable basis.

Segment assets and liabilities

The assets and liabilities of the Company are used interchangeably amongst segments. Allocation of such assets and liabilities is not
practicable and any forced allocation would not result in any meaningful segregation. Hence, assets and liabilities have not been
identified to any of the reportable segments.

Major customers

For the quarter ended March 2025, revenue from three customers of the essential item segment represented approximately ? 1,217.23
Lakhs, ?1,154.12 and ? 1,060.65 Lakhs of the total revenue.

For the quarter ended December 2024, revenue from three customers of the essential item segment represented approximately ?
1,977.92 Lakhs, ?1,690.56 and ? 1,590.49 Lakhs of the total revenue.

For the Year ended March 2025, revenue from one customers of the essential item segment represented approximately ? 5,759.90 Lakhs
of the total revenue.

The comparative figures of segment results is not applicable because the company had single segment in the corresponding period/
year.

The sensitivity analyses are based on change in above assumption while holding all other assumptions constant. The changes in
some of the assumptions may be correlated. When calculating the sensitivity of the defined benefit obligation to significant actuarial
assumptions, the same method (present value of the defined benefit obligation calculated with projected unit credit method at the end
of the reporting year) has been applied, as has been applied when calculating the provision for defined benefit plan recognised in the
Balance Sheet.

? NOTE NO. 49 Other Statutory Informations

a) Company holds immovable property in its name and the same has been disclosed in the financial statements

b) Company have investment property to revalue the property as is based on the valuation by a registered valuer as defined
under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017. As the property was acquired during the current
financial year, no revaluation has been carried out as of the reporting date. Accordingly, the investment property is carried at
cost in the financial statements.

c) Company doesn''t have Property Plant and Equipment to revalue the same (including Right-of Use Assets),based on the
valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

d) The Company does not have any "Benami Property''; where any proceeding has been initiated pending against the Company
for holding any "Benami Property".

e) Company doesn''t have intangible asset to revalue the same , based on the valuation by a registered valuer as defined under
rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

f) Company doesn''t have any Capital-Work-in Progress

g) Company does not have any intangible assets under developments

h) The Company has not advanced any loan or advances in the nature of loan to specified persons viz. Promoters, Directors, KMP,
and Related Parties which are repayable on demand or where the agreement document not specifies any terms or period of
repayment.

i) The Company has not been declared as a wilful defaulter by any lender who has the power to declare a Company as a wilful
defaulter at any time during the financial year or after the end of the reporting period but before the date when the financial
statements are approved.

j) The Company has utilized funds raised from the issue of securities or borrowings from banks & financial institutions for the
specific purposes, for which they were issued/taken.

k) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies) including foreign entities
(intermediaries) with the understanding that the intermediatory 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 guarantees, securities or the like or on behalf of the ultimate beneficiaries

l) The Company has not received any funds from any person(s) or entity(ies), including foreign entity(ies) (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 guarantees, securities or the like or on behalf of the ultimate beneficiaries

m) There are no transactions and/or balances outstanding with companies struck off under section 248 of the Companies Act''2013.

n) The Company does not have any transaction which is not recorded in the books of accounts but has been surrendered or
disclosed as income during the year in the tax assessment under the Income Tax Act, 1961.

o) The Company has not traded or invested in cryptocurrency or virtual currency during the financial year.

p) The Company does not have any charges or satisfaction of charges which is yet to be registered with the registrar of companies

(ROC) beyond the satisfactory period.

q) The Company has not any charges or satisfaction yet to be registered with ROC beyond the statutory period

r) Section 135 of Companies Act, 2013 relating to CSR Policy is applicable on the Company

s) Compliance with number of layers of companies is applicable and same has been taken into effect in consolidated financial
statements.

t) Compliance with approved Scheme(s) of Arrangements, if any: NA

u) The additional information pursuant to Schedule III to the Companies Act, 2013 are either nil or not applicable.

v) The company has borrowings from banks and accordingly company has submitted monthly stock statements with respective

Financial Institutions. Details of security of current assets filed by the Company with banks & their difference is as per table
annexued below:

Note: The company has availed drawing power against working capital limits sanctioned from State Bank of India.

Further no material discrepancies have been reported while submitting monthly drawing power statements to the bank. The company has
not availed any excess DP during the year as the sanctioned limit is lower than company''s DP eligibility as per stock statement submitted
to bank and as per books of accounts for every month or quarter so the above discrepancies is not material or is irrelevant.

Notes forming integral part of the Ind AS Financial Statements- 1 to 49

As per our Report of even date attached

For A. K. Bhargav & Co. For and on behalf of the Board Of Directors

Chartered Accountants Integra Essentia Limited

FRN : 034063N

CA ARUN KUMAR BHARGAV Deepak Kumar Gupta Manoj Kumar Sharma

(Proprietor) Whole-time Director Cum CEO Whole-time Director

Membership No. 548396 DIN: 00057003 DIN: 09665484

UDIN : 25548396BMJAVO5287

Shweta Singh Pankaj Kumar Sharma

Pl_ace: D_elhi Whole-time Director Cum CFO Company Secretary

Date: 27 May 2025 ^DIN:- 09270488

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Mar 31, 2024

a) Investment in Sarveshvar Foods Limited amounting ? 568 Lakhs has been sold out during the year and the company has invested in MSR Real estates amounting ? 100 Lakhs, Nimbus Projects Limited amounting ? 1,298.27 Lakhs and in Brij Gopal Constructions Company Private Limited amounting ? 1979.25 Lakhs was made during the year.

b) The company become operating partner in M/s RK Industries on 5 August 2022 and acquired 66% share in the said partnership firm. Also company has acquired 25.76% in Brewtus Beverages Private Limited in July 2023. The share of profit is accounted using equity method and has been disclosed in the results.. The share of profit of partnership firm has been disclosed in Consolidated Financial Statements of Integra Essentia Ltd.

c) Investment in M/S Capital Infrastructure Ltd purchased from Nimbus Projects Ltd of 87,50,000 Zero % NonConvertible Redeemable Preference Shares of Face Value of ? 10/- each (i.e., 62,50,000 Preference Shares at ? 14.40/- each redeemable on 23 January 2025 at ? 18.25 per share and 25,00,000 Preference Shares at ? 12/- each redeemable on 21 January 2025 at ? 18.65/-).

d) Investment in M/S Brij Gopal Construction Company Private Limited purchased from Seema Garg, 2,73,000 Equity Shares at the rate of ? 725/- (Face Value of ? 10/- each).

e) ? 100 Lakhs were invested in MSR Apparels Ltd for Joint Development and Construction of Project at Land Situated at village Ujwa admeasuring about 2.4 acres.

The company has provided loans to the following parties during the year

a) Loan of ? 285 Lakhs was given to Jindal Oil and Fats Limited at an interest rate of 8% p.a. for period of 2 years

b) Loan of ? 365 Lakhs was given to K K Continental Trade Private Limited at an interest rate of 8% p.a. for period of 2 years

c) Loan of ? 285 Lakhs was given to Innovative Supply Chain Solution LLP at an interest rate of 8% p.a. for period of 2 years

d) Loan of ? 1150 Lakhs was given to SA Globals Private Limited at an interest rate of 8% p.a. for period of 2 years

e) Loan of ? 255 Lakhs was given to Oniv Beverages Private Limited at an interest rate of 8 % p.a. for period of 2 years

f) Loan of ? 3400 Lakhs was given to Advik Capital Limited at an interest rate of 7 % p.a. for the Period of 5 years

g) Loan of ? 60 Lakhs was given to Indian Realtors Private Limited at an interest rate of 8% p.a. for the period of 2

years Outstanding balance of Indian Realtors Private Limited (?66.41 Lakhs), Advik Capital Limited (? 4,369.55 Lakhs) , Oniv Beverages Private Limited (? 272.88 Lakhs) , S A Global Private Limited (? 1,267.10 Lakhs) , Innovative Supply Chains Solutions LLP (? 262.96 Lakhs), Jindal Oil and Fats Limited (? 303.89 Lakhs) and KK Continenetal Trade Limited (? 389.19 Lakhs)

On 13 January 2024, the company had came with the bonus issue in the ratio of 1:1. Consequent the issued and paid up share capital stands increased to ? 9,140.66 Lakhs consisting of 91,40,66,006 equity shares of ?1 each.

Terms / rights to Equity Shares

The Company has only one class of shares referred as equity shares having a par value of 1/- per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the company after distribution of all preferential amounts , in proportion to their shareholding.

Rights, Preferences and Restrictions

The Authorised Share Capital of the Company consists of Equity Shares having nominal value of ? 1/- each. The rights and privileges to equity shareholders are general in nature and allowed under Companies Act, 2013.

The equity shareholders shall have:

(1) a right to vote in shareholders'' meeting. On a show of hands, every member present in person shall have one vote and on a poll, the voting rights shall be in proportion to his share of the paid up capital of the Company;

(2) a right to receive dividend in proportion to the amount of capital paid up on the shares held. The shareholders are not entitled to exercise any voting right either in person or through proxy at any meeting of the Company if calls or other sums payable have not been paid on due date.

In the event of winding up of the Company, the distribution of available assets/losses to the equity shareholders shall be in proportion to the paid up capital.

During the Financial year ended 31 March 2023, the company had brought its second Right Issue on 21 December 2022, wherein fully paid 7,13,51,144 equity shares of ? 1/- each at a premium of ? 6/- per share, alloted on Rights basis to the eligible shareholders. The company has deployed these funds as per the objects of Right Issue. Proceeds from subscription to the Issue of equity shares under Rights Issue 2 of 2022-23, made during the year ended 31 March 2023 have been utilised in the following manner:

Nature and Purpose of Reserve

a) General Reserve- General Reserve has been created on account of the Scheme of Amalgamation.

b) Profit and loss account- Profit and loss account are the losses which company incurred till date.

c) Security Premium- Security Premium is the amount received over and above the Face Value of the Shares Issued.

d) Capital reserve- Capital reserve has been created on account of debentures.

i) Security premium is adjusted against bonus issue and right issue expenses during the year.

ii) Capital reserve is created due to transfer of debentures on discount.

a. Vehicle loan of ? 100 Lakhs was taken from ICICI bank during the year 2023-24. The loan is repayable in 84 monthly instalments commencing from June 2023 and carries interest rate of 9% p.a.

b. Paid ? 150 Lakhs towards full and final redemption of the entire 2,845 unsecured, non-convertible redeemable debentures of ?1 Lakh each/- on 30 September 2023.

Terms / rights attached to Preference Shares

a) 5% Redeemable Cumulative Non- Convertible Preference Shares of ?1/- each, Redeemable at anytime before the expiry of 20 years from the date of allotment (i.e. 16 August 2012) of the said preference shares at the option of the Company. The holders of the said Preference Shares shall not have any right to vote in any manner before the Company at any meeting except on resolutions placed before the Company at any meeting which directly affects their rights.

b) 9% Redeemable Cumulative Non- Convertible Preference Shares of ?1/- each, Redeemable at anytime between 16 February 2017 to 15 August 2022 at the option of the Company. The holders of the said Preference Shares shall not have any right to vote in any manner before the Company at any meeting except on resolutions placed before the Company at any meeting which directly affects their rights.

i) All Trade payables are non-interest bearing other than amount payable to MSME.

ii) According to information available with the Management, on the basis of intimation received from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 (''MSMED Act''), the Company has amounts due to Micro, Small and Medium Enterprises under the said Note No.41.

iii) The company has obtained confirmations from MSME Creditors with respect to Non Payment of Interest on Amount Payable for more than 45 Days.

The provision applies to the companies having Net Worth of more than Rs. 500 Crores or Turnover more than Rs. 1000 Crores or Net profit more than Rs. 5 Crores in the preceding financial year. The company''s Net profit, Turnover & Net Worth of preceding financial year is below the prescribed limit so the amount required to be spent during the year is NIL.

? NOTE NO. 32- Capital Management

Equity share capital and other equity are considered for the purpose of Company''s capital management. The Company''s objective for capital management is to manage its capital to safeguard all stakeholders The funding requirements are met through loans.

? NOTE NO. 33- Financial risk management

The Company''s Board of Directors has overall responsibility for the establishment and oversight of the Company''s risk management framework. The Board of Directors has established the Risk Management Committee, which is responsible for developing and monitoring the Company''s risk management policies. The Committee reports to the Board of Directors on its activities. The Company''s risk management policies are established to identify and analyses the risks faced by the Company, to set appropriate risks limits and controls and to monitor risk and adherence to limits. Risk management policies and systems are reviewed periodically to reflect changes in market conditions and the Company''s activities. The Company, through its training, standards and procedures, aims to maintain a disciplined and constructive control environment in which all employees understand their roles and obligations. The audit committee oversees how management monitors compliance with the company''s risk management policies and procedures, and reviews the adequacy of the risk management framework in relation to the risks faced by the Company. The audit committee is assisted in its oversight role by internal audit.

Credit Risk

Credit risk is the risk of financial loss to the company if a customer or counter party to a financial instrument fails to meet its contractual obligations, and arises principally from the company''s receivable from customers. Credit risk is managed through credit approvals establishing credit limits and continuously monitoring the creditworthiness of customers to which the company grants credit terms in the normal course of business. The company establishes an allowance for doubtful debts and impairment that represents its estimate of incurred losses in respect of trade receivables and other financial assets.

Liquidity Risk

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The Company manages its liquidity risk by ensuring as far as possible, that it will all ways have sufficient liquidity to meets it liabilities when due, und er both normal and stressed conditions, without incurring unacceptable losses or risk to Company''s reputation.

Market Risk

Market risk is the risk that changes in market prices- such as foreign exchange rates, interest rates and equity prices- will affect the Company''s income or the value of its holdings of financial instruments. Market risk is attributable to all market risk sensitive financial instruments including foreign currency receivables and payable and long term debt. We are exposed to market risk primarily related to foreign exchange rate risk. Thus, our exposure to market risk is a function of revenue generating and operating activities in foreign currency. The objective of market risk management is to avoid excessive in our foreign currency revenues and costs. The Company uses derivative to manage market risk.

? NOTE NO. 34- Employee Benefits

Post-employment benefits plans

(a) Defined Contribution Plans -

In respect of the defined contribution plans, an amount of Nil (Previous Year Nil) has been provided in the Profit & Loss account for the year towards employer share of PF contribution.

(b) Defined Benefit Plans -

The Liability in respect of gratuity is determined for current year as per management estimate is ?3,42,491/- (previous year Nil as per management estimate) carried out as at Balance Sheet date. Amount recognized in profit and loss account is ? 3,42,491/- (previous year Nil).

? NOTE NO. 36- Statement of Management

(a) The current assets, loans and advances are good and recoverable and are approximately of the values, if realized in the ordinary courses of business unless and to the extent if any stated otherwise in the Accounts. Provision for all known liabilities is adequate and not in excess of amount reasonably necessary. There are no contingent liabilities except those stated in the notes.

(b) Balance Sheet, Statement of Profit & Loss and Cash Flow statement read together with the schedules to the accounts and notes thereon, are drawn up so as to disclose the information required under the Companies Act, 2013 as well as give a true and fair view of the statement of affairs of the Company as at the end of the year and results of the Company for the year under review.

? NOTE NO. 37- Segment Reporting

As on 31 March 2024, the Company is engaged in Trading of essential Items like Cashew Rice etc which is considered

as the only reportable business segment. Hence segment reporting is not applicable to the company.

* The Customs department has raised the claim on company for 73.56 lacs . The Company has disputed the same with appropriate authority.

? NOTE NO. 39

Previous year figures have been regrouped / reclassifed wherever necessary to conform to current year''s classification.

? NOTE NO. 40- Dividends

- Dividend for Preference Shareholders for the year 2023-24 is ? 18500/- Cummulative dividend for Preference Shareholders payable is ? 2,43,771/-

B. Fair value measurements recognised in the statement of financial position:

The following table provides an analysis of financial instruments that are measured subsequent to initial recognition at fair value, grouped into Levels 1 to 3 based on the degree to which the fair value is observable.

Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2 fair value measurements are those derived from 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).

Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs).

The fair value of the financial assets and 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. The following methods and assumptions were used to estimate the fair values:

Cash and cash equivalents, Trade receivables, Other current Financial assets, Trade payable and other current Financial liabilities approximate their carrying amounts largely due to the short-term maturities or nature of these instruments.

C. Fair values hierarchy

All assets and liabilities for which fair value is measured or disclosed in the Standalone Financial Statements are categorised within the fair value hierarchy, described as follows:

Level 1: Quoted prices (unadjusted) in active markets for financial instruments.

Level 2: The fair value of financial instruments that are not traded in an active market is determined using valuation techniques which maximise the use of observable market data rely as little as possible on entity specific estimates.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3.

There have been no transfers between levels during the period

Valuation process and technique used to determine fair value

(i) The management assessed that fair value of cash and cash equivalents, trade receivables, trade payables, bank overdrafts and other current financial assets and liabilities approximate their carrying amounts largely due to the short-term maturities of these instruments.

(ii) The fair values of the equity investment which are quoted, are derived from quoted market prices in active markets. The Investments measured at fair value and falling under fair value hierarchy Level 3 are valued on the basis of valuation reports provided by external valuers with the exception of certain investments, where cost has been considered as an appropriate estimate of fair value because of a wide range of possible fair value measurements and cost represents the best estimate of fair values within that range.

(iii) The fair value of non-current borrowings carrying floating-rate of interest is not impacted due to interest rate changes, and will not be significantly different from their carrying amounts as there is no significant change in the under-lying credit risk of the Company (since the date of inception of the loans).

D. Credit risk

The maximum exposure to credit risks is represented by the total carrying amount of these financial assets in the balance

sheet

Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations.

Credit risk on cash and cash equivalents and bank deposits is generally limited as the Company transacts with Banks having a high credit ratings assigned by domestic credit rating agencies.

? NOTE NO. 44 - Additional Regulatory Information

(i) Company holds immovable property in its name and the same has been disclosed in the financial statements

(ii) Company doesn''t have investment property to value the property as is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

(iii) Company doesn''t have Property Plant and Equipment to revalue the same (including Right-of Use Assets),based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

(iv) Company doesn''t have intangible asset to revalue the same , based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017

(v) Company not provided any loans to Promoters, Directors, Key Managerial Persons or related parties. The loans provided to other body corporates are repayble on demand

(vi) Company doesn''t have any Capital-Work-in Progress

(vii) Company does not have any intangible assets under developments

(viii) No benami property held by company, No proceedings has been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder

(ix) Company has no borrowings from banks or financial institutions on the basis of security of current assets

(x) Company not declared as wilful defaulter by any bank or financial Institution or other lender

(xi) Company has not done any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956

(xii) Company has not any charges or satisfaction yet to be registered with ROC beyond the statutory period

(xiii) Section 135 of Companies Act, 2013 relating to CSR Policy is not applicable on the Company

(xiv) Compliance with number of layers of companies is applicable and same has been taken into effect in consolidated financial statements.

(xv) Compliance with approved Scheme(s) of Arrangements, if any: NA

(xvi) During the year company has borrowed loans from bank and other parties and same has beeen disclosed in financial statements. The company has issued bonus shares in the ratio of 1:1

(xvii) The additional information pursuant to Schedule III to the Companies Act, 2013 are either nil or not applicable.

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Mar 31, 2023

(j) Provisions and Contingencies Provisions

A provision is recognised when the Company has a present obligation (legal or constructive) as a result of past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. These estimates are reviewed at each reporting date and adjusted to reflect the current best estimates.

If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, when appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is recognised as a finance cost.

Contingent Liabilities and Contingent Assets

A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or nonoccurrence of one or more uncertain future events beyond the control of the Company or a present obligation that is not recognised because it is not probable that an outflow of resources will be required to settle the obligation. A contingent liability also arises in extremely rare cases, where there is a liability that cannot be recognised because it cannot be measured reliably. The Company does not recognize a contingent liability but discloses its existence in the financial statements unless the probability of outflow of resources is remote.

Contingent assets are not recognised in the financial statements. If the inflow of economic benefits is probable, then it is disclosed in the financial statements. Provisions, contingent liabilities, contingent assets and commitments are reviewed at each Balance Sheet date.

(k) Employee Benefits

(i) Short-term Obligations

Liabilities for wages and salaries, including non-monetary benefits that are expected to be settled wholly within 12 months after the end of the period in which the employees render the related service are recognised in respect of employees’ services up to the end of the reporting period and are measured at the amounts expected to be paid when the liabilities are settled.

(ii) Post-employment Obligations

The Company operates the following post-employment schemes:

(a) Defined benefit plan (Gratuity), and

(b) Defined contribution plans such as, provident fund. Defined Benefit Plan

The liability or asset recognised in the Balance Sheet in respect of defined benefit gratuity plan is the present value of the defined benefit obligation at the end of the reporting period. The defined benefit obligation is calculated annually on the basis of actuarial valuation using the Projected Unit Credit method.

The present value of the defined benefit obligation is determined by discounting the estimated future cash outflows by reference to market yields at the end of the reporting period on government bonds that have terms approximating to the terms of the related obligation.

The interest cost is calculated by applying the discount rate to the balance of the defined benefit obligation. This cost is included in employee benefits expense in the Statement of Profit and Loss.

Remeasurement gains and losses arising from experience adjustments and changes in actuarial assumptions are recognised in the period in which they occur, directly in other comprehensive income.

Defined Contribution Plans

Defined Contribution Plans such as provident fund are charged to the Statement of Profit and Loss as an expense, when an employee renders the related services.

(iii) Other Long-term Employee Benefits

The liabilities for compensated absences that are not expected to be settled wholly within 12 months are measured as the present value of expected future payments to be made in respect of services provided by employees up to the end of the reporting period using the Projected Unit Credit method. Remeasurements as a result of experience adjustments and changes in actuarial assumptions are recognised in the Statement of Profit and Loss.

The obligations are presented as current liabilities in the Balance Sheet if the entity does not have any unconditional right to defer settlement for at least 12 months after the end of the reporting period, regardless of when the actual settlement is expected to occur.

(l) Cash and Cash Equivalents

For the purpose of presentation in the Statement of Cash Flows as well as the Balance Sheet, cash and cash equivalents include cash on hand, demand deposits with banks, other short-term highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

(m) Earnings per Share (EPS)

Basic earnings per share are computed by dividing the profit / (loss) after tax by the weighted average number of equity shares outstanding during the year. The weighted average number of equity shares outstanding during the year is adjusted for the events for bonus issue, bonus element in a rights issue to existing shareholders, share split and reverse share split (consolidation of shares).

Diluted earnings per share is computed by dividing the profit / (loss) after tax as adjusted for dividend, interest and other charges to expense or income (net off any attributable taxes) relating to the dilutive potential equity shares, by the weighted average number of equity shares considered for deriving basic earnings per share and the weighted average number of equity shares which could have been issued on conversion of all dilutive potential equity shares.

(n) Dividend Distribution to Equity Shareholders

Dividend distributed to Equity shareholders is recognised as distribution to owners of capital in the Statement of Changes in Equity, in the period in which it is paid. Dividend proposed by the Board of Directors, subject to the approval of shareholders, is disclosed in the notes to financial statements.

(o) Foreign Currency Transactions

Transactions in foreign currencies are recognised at the prevailing exchange rates on the transaction dates. Realised gains and losses on settlement of foreign currency transactions are recognised in the Statement of Profit and Loss.

Monetary foreign currency assets and liabilities at the year-end are translated at the year-end exchange rates and the resultant exchange differences are recognised in the Statement of Profit and Loss.

(p) Revenue Recognition

Effective from 01 April 2018, the Company has adopted Indian Accounting Standard 115 (Ind AS 115-

-’Revenue from contracts with customers’. Revenue from contracts with customers is recognized on transfer of control of promised goods

or services to the customer at amount that reflects the consideration to which the company is expected to be entitled to in exchange for those goods or services. Revenue towards satisfaction of performance obligation is measured at the amount of transaction price (net of variable consideration) allocated to that performance obligation. The transaction price of goods sold and services rendered is net of variable consideration on account of various discounts and schemes offered by the Company as part of the contract. This variable consideration is estimated based on expected value of outflow. Revenue (net of variable consideration) is recognized only to the extent that it is highly probable that the amount will not be subject to significant reversal when uncertainty relating to its recognition is resolved.

Revenue from sale of products is recognized when the control on the goods have been transferred to the customer. The performance obligation in case of sale of products is satisfied at a point in time when material is shipped / delivered to the customer as may be specified in the contract.

Interest Income

Interest income is accrued on a time proportion basis, by reference to the principal outstanding and the applicable effective interest rate. Dividend Income

Dividend income from investments is recognised when the shareholder''s rights to receive payment have been established.

Income from Services

Income from services is recognised (net of taxes as applicable) as they are rendered, based on agreement/ arrangement with the concerned customers.

(q) Significant Accounting Estimates, Judgements and Assumptions:

The preparation of the Company’s financial statements in conformity with Ind AS requires Management to make judgements, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the accompanying disclosures, and the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances existing when the financial statements were prepared. The estimates and underlying assumptions are reviewed on an ongoing basis. Revision to accounting estimates is recognised in the year in which the estimates are revised and in any future year affected.

In the process of applying the Company''s accounting policies, Management has made the following judgements which have significant effect on the amounts recognised in the financial statements:

i. Useful Lives of Property, Plant and Equipment: Determination of the estimated useful life of tangible assets and the assessment as to which components of the cost may be capitalised. Useful life of tangible assets is based on the life specified in Schedule II of the Act and also as per Management estimate for certain category of assets. Assumption also needs to be made, when the Company assesses, whether as asset may be capitalised and which components of the cost of the assets may be capitalised.

ii. Fair Value Measurement of Financial Instruments: When the fair values of financial assets and financial liabilities recorded in the Balance Sheet cannot be measured based on quoted prices in active markets, their fair value is measured using appropriate valuation techniques. The inputs for these valuations are taken from observable sources where possible, but where this is not feasible, a degree of judgement is required in establishing fair values. Judgements include considerations of various inputs including liquidity risk, credit risk, volatility etc. Changes in assumptions/ judgements about these factors could affect the reported fair value of financial instruments

iii. Measurement of Defined Benefit Plan: The cost of the defined benefit gratuity plan and other post- employment benefits and the present value of the gratuity obligation are determined using actuarial valuations. An actuarial valuation involves making various assumptions that may differ from actual developments in the future. These include the determination of the discount rate, future salary increases and mortality rates. Due to the complexities involved in the valuation and its long term nature, a defined benefit obligation is highly sensitive to changes in these assumptions. All assumptions are reviewed at each reporting date.

iv. Impairment of Financial Assets: Trade receivables are stated at their normal value as reduced by appropriate allowances for estimated irrecoverable amounts. Individual trade receivables are written off when Management deems them not collectable. Impairment is made on the expected credit loss model, which is the present value of the cash shortfall over the expected life of the financial assets. The impairment provisions for financial assets are based on assumption about the risk of default and expected loss rates. Judgement in making these assumptions and selecting the inputs to the impairment calculation are based on past history, existing market condition as well as forward looking estimates at the end of each reporting period.

v. Impairment of Non-financial Assets: The Company assesses at each reporting date whether there is an indication that an asset may be impaired. If any indication exists, the Company estimates the asset''s recoverable amount. An asset''s recoverable amount is the higher of an asset''s or Cash Generating Units (CGU''s) fair value less costs of disposal and its value in use. It is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. Where the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered as impaired and is written down to its recoverable amount.

In assessing value in use, the estimated future cash flows are discounted to their present value using pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. In determining fair value less costs of disposal, recent market transactions are taken into account, if no such transactions can be identified, an appropriate valuation model is used.

vi. Contingencies: Management judgement is required for estimating the possible outflow of resources, if any, in respect of contingencies/ claim/ litigation against the Company as it is not possible to predict the outcome of pending matters with accuracy.

NOTE NO. 32: EMPLOYEE BENEFITS:

Post-employment benefits plans

(a) Defined Contribution Plans -

In respect of the defined contribution plans, an amount of '' Nil (Previous Year: '' Nil) has been provided in the Profit & Loss account for the year towards employer share of PF contribution.

(b) Defined Benefit Plans -

The Liability in respect of gratuity is determined for current year as per management estimate '' Nil (previous year '' Nil as per management estimate) carried out as at Balance Sheet date. Amount recognized in profit and loss account '' Nil (previous year '' Nil).

NOTE NO. 33: Balances of Trade Receivables and Trade Payables as at the balance sheet are subject to confirmation and reconciliation. NOTE NO. 34 CAPITAL MANAGEMENT

Equity share capital and other equity are considered for the purpose of Company’s capital management. The Company’s objective for capital management is to manage its capital to safeguard all stakeholders The funding requirements are met through loans.

NOTE NO. 35 LIQUIDITY RISK

Liquidity risk refers to the risk that the Company cannot meet its financial obligations. The objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as per requirements. The Company will continue to consider borrowing options to maximize liquidity and supplement cash requirements as necessary.

NOTE NO. 36

The Company is engaged in Trading of essential Items like Cashew Rice etc which is considered as the only reportable business segment.

The fair value of the financial assets and 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. The following methods and assumptions were used to estimate the fair values: Cash and cash equivalents, Trade receivables, Other current Financial assets, Trade payable and other current Financial liabilities approximate their carrying amounts largely due to the short-term maturities or nature of these instruments.

C. Fair values hierarchy

All assets and liabilities for which fair value is measured or disclosed in the Standalone Financial Statements are categorised within the fair value hierarchy, described as follows:

Level 1: Quoted prices (unadjusted) in active markets for financial instruments.

Level 2: The fair value of financial instruments that are not traded in an active market is determined using valuation techniques which maximise the use of observable market data rely as little as possible on entity specific estimates.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3.

There have been no transfers between levels during the period.

Valuation process and technique used to determine fair value

(i) The management assessed that fair value of cash and cash equivalents, trade receivables, trade payables, bank overdrafts and other current financial assets and liabilities approximate their carrying amounts largely due to the short-term maturities of these instruments.

(ii) The fair values of the equity investment which are quoted, are derived from quoted market prices in active markets. The Investments measured at fair value and falling under fair value hierarchy Level 3 are valued on the basis of valuation reports provided by external valuers with the exception of certain investments, where cost has been considered as an appropriate estimate of fair value because of a wide range of possible fair value measurements and cost represents the best estimate of fair values within that range.

(iii) The fair value of non-current borrowings carrying floating-rate of interest is not impacted due to interest rate changes, and will not be significantly different from their carrying amounts as there is no significant change in the under-lying credit risk of the Company (since the date of inception of the loans).

NOTE NO. 42 : ADDITIONAL REGULATORY INFORMATION

During the Period or previous years

i. All the immoveable properties held by the company are in the name of the company (where the company is the lesse and the lease arrangements are duly executed in favour of lessee) as on the balance sheet date.

ii. Company doesn’t have investment property to value the property as is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

iii. Company doesn’t have Property Plant and Equipment to revalue the same (including Right-of Use Assets),based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

iv. Company doesn’t have intangible asset to revalue the same , based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

v. Company not provided any loans to Promoters, Directors, Key Managerial Persons or related parties. The loans provided to other body corporates are repayble on demand.

vi. Company doesn’t have any Capital-Work-in Progress.

vii. Company doesn’t have any intangible assets under developments.

viii. No benami property held by company, No proceedings has been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder.

ix. Company has no borrowings from banks or financial institutions on the basis of security of current assets.

x. Company not declared as wilful defaulter by any bank or financial Institution or other lender.

xi. Company has not done any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956,

xii. Company has not any charges or satisfaction yet to be registered with ROC beyond the statutory period.

xiii. Section 135 of Companies Act, 2013 relating to CSR Policy is not applicable on the Company.

xiv. The Company has utilized funds raised from Right Issue for the sspecific purposes for which they were issued.

xv. Company has complied with the number of layers prescribed under clause (87) of section 2 of the Companies Act’ 2013 read with

Companies (Restriction on Number of Layers) Rules’ 2017

xvi. The additional information pursuant to Schedule III to the Companies Act, 2013 are either nil or not applicable.

The accompanying Notes 1 to 42 forms integral part of these Financial Statements This is the Balance Sheet referred to in our report of even date

For A. K. Bhargav & Co.

For and on behalf of Board of Directors

Chartered Accountants

Integra Essentia Limited

FRN:034063N ³

^{(CA ARUN} )^^{UMAR BHARGAV}) Vishesh Gupta Manoj Kumar Sharma Pankaj Kumar Sharma Deepankar Gambhir

Managing Director Director Company Secretary Chief Financial Officer

Membership No. 548396

DIN: 00255689 DIN:09665484 PAN:GZFPS2953L PAN:AHWPG4570E

UDIN : 23548396BGXHOS9606

Place: Delhi Date: April 27, 2023

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Mar 31, 2015

1 There are no Micro and Small Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at 31st March, 2015. This information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act,2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

2 The Company is engaged in Manufacturing of textiles Products which is considered as the only reportable business segment.

3 The Company reviewed the old provision for expenses / liability and has written back the amount which are not payable, hence the expenses for the year are net of written back amount.

4 Mens Club s.p.a., the Company's subsidiary was liquidated and all the formalities with reference to the liquidation are in advance stage. Therefore the financials of the subsidiary is not consolidated. The loss on account of liquidation will not exceed original investment amount of R 3 lacs.

5 Related Parties transactions during the year.

During the year Rent of R20226 (Previous year Nil ) has been paid to associate company i.e. Morarjee Textiles Ltd.

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Mar 31, 2014

1. a) Terms / rights to Equity Shares

The Company has only one class of shares referred as equity shares having a par value of Rs.3/- per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.

b) Terms / rights attached to Preference Shares

5% Redeemable Cumulative Non- Convertible Preference Shares of Rs.1/- each, Redeemable at anytime before the expiry of 20 years from the date of allotment (i.e. 16th August, 2012) of the said preference shares at the option of the Company. The holders of the said Preference Shares shall not have any right to vote in any manner before the Company at any meeting except on resolutions placed before the Company at any meeting which directly affects their rights.

9% Redeemable Cumulative Non- Convertible Preference Shares of Rs.1/- each, Redeemable at anytime between 16th February, 2014 to 15th August, 2017 at the option of the Company. The holders of the said Preference Shares shall not have any right to vote in any manner before the Company at any meeting except on resolutions placed before the Company at any meeting which directly affects their rights.

Note : 2

Composite Scheme of Arrangement and Amalgamation (in previous year)

1 The Composite Scheme of Arrangement and Amalgamation (''Scheme'') under Sections 391 to 394 read with Sections 100 to 103 and other applicable provisions of the Companies Act, 1956 between Morarjee Textiles Limited (''MTL''), Five Star Mercantile Ltd (FSML / the Company) and Morarjee Holding Private Limited (''MHPL'') and their respective shareholders, has been sanctioned by the Honorable High Court of Judicature at Bombay vide its Order dated 29th June 2012 and has been made effective on filing of the certified copies of the Order of the court on 17th July, 2012 (''Effective date''). The Scheme, inter alia, provides for the demerger of Integra Division of the Company pertaining to garment manufacturing business along with its investments in MHPL into the Company with Appointed Date as April 01, 2011. Under the same composite scheme, MHPL would be merged with the Company with Appointed Date as January 01, 2012.

2 Pursuant to demerger:

a) Integra Division pertaining to Garment Manufacturing Undertaking of MTL has been transferred to the Company on a going concern basis.

b) As a consideration:

* One fully paid Equity Share of Rs.3 each of the Company shall be issued and allotted for every one fully paid Equity Share of Rs. 10 each held in MTL;

* One fully paid 5% Redeemable Cumulative Non-Convertible Preference Shares of Rs.1 each of the Company shall be issued and allotted for every 10 fully paid 5% Redeemable Cumulative Non- Convertible Preference Shares of Rs. 100 each held in MTL; and

* One fully paid 9% Redeemable Cumulative Non-Convertible Preference Shares of Rs.1 each of the Company shall be issued and allotted for every 10 fully paid 9% Redeemable Cumulative Non- Convertible Preference Shares of Rs. 100 each held in MTL.

c) The exisiting equity shares of the Company held by MTL shall without any application or deed, stand cancelled without any payment.

d) The difference between excess of the book value of assets over the book value of liabilities transferred of the Integra Division transferred from MTL and the amount credited as share capital after adjusting the reduction in the capital shall be debited/credited to Business Reconstruction account of FSML.

3 Pursuant to merger:

The Company has carried out the accounting treatment prescribed in the Scheme as approved by the Hon''ble High Court of Judicature at Bombay. The required disclosures as per paragraph 42 of Accounting Standard 14 have been provided. Hence, in accordance with the Scheme:

a) All the assets and liabilities in the books of MHPL shall stand transferred and vested in the Company and shall be recorded by the Company at their respective fair values.

b) The investments in the equity share capital of the MHPL as appearing in the books of accounts of the Company, as on the appointed date of merger, shall stand cancelled

c) The difference, between the fair value of assets and the fair value of liabilities transferred to the Company after adjusting for the inter-company investments and balances, if any and after adjusting the balance in Business Reconstruction Account created pursuant to demerger be credited to General Reserve Account.

4 Pursuant to the Composite Scheme, the name i.e. FSML stands changed to Integra Garments and Textiles Ltd w.e.f. 10th August, 2012

5. There are no Micro and Small Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at 31st March, 2014. This information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

6. The Company is engaged in Manufacturing of textiles Products which is Considered as the only reportable business segment.

7. Lease Rent of previous year includes rent, compensation paid to landlord and service tax amount with interest.

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Mar 31, 2013

Note : 1

Composite Scheme of Arrangement and Amalgamation

1 The Composite Scheme of Arrangement and Amalgamation (''Scheme'') under Sections 391 to 394 read with Sections 100 to 103 and other applicable provisions of the Companies Act, 1956 between Morarjee Textiles Limited (''MTL''), Five Star Mercantile Ltd (FSML / the Company) and Morarjee Holding Private Limited (''MHPL'') and their respective shareholders, has been sanctioned by the Honorable High Court of Judicature at Bombay vide its Order dated 29th June 2012 and has been made effective on filing of the certified copies of the Order of the court on 17th July, 2012 (''Effective date''). The Scheme, inter alia, provides for the demerger of Integra Division of the Company pertaining to garment manufacturing business along with its investments in MHPL into the Company with Appointed Date as April 01, 2011. Under the same composite scheme, MHPL would be merged with the Company with Appointed Date as January 01, 2012.

2 Pursuant to demerger:

a) Integra Division pertaining to Garment Manufacturing Undertaking of MTL has been transferred to the Company on a going concern basis.

b) As a consideration:

- One fully paid Equity Share of Rs.3 each of the Company shall be issued and allotted for every one fully paid Equity Share of Rs. 10 each held in MTL;

- One fully paid 5% Redeemable Cumulative Non-Convertible Preference Shares of Rs.1 each of the Company shall be issued and allotted for every 10 fully paid 5% Redeemable Cumulative Non- Convertible Preference Shares of Rs. 100 each held in MTL; and

- One fully paid 9% Redeemable Cumulative Non-Convertible Preference Shares of Rs.1 each of the Company shall be issued and allotted for every 10 fully paid 9% Redeemable Cumulative Non- Convertible Preference Shares of Rs. 100 each held in MTL.

c) The exisiting equity shares of the Company held by MTL shall without any application or deed, stand cancelled without any payment.

d) The difference between excess of the book value of assets over the book value of liabilities transferred of the Integra Division transferred from MTL and the amount credited as share capital after adjusting the reduction in the capital shall be debited/credited to Business Reconstruction account of FSML.

3 Since the treatment of the aforesaid scheme is given effect in the current year, the figures for the current year to that extent are not comparable with those of the previous year.

4 Pursuant to merger:

The Company has carried out the accounting treatment prescribed in the Scheme as approved by the Hon''ble High Court of Judicature at Bombay. The required disclosures as per paragraph 42 of Accounting Standard 14 have been provided. Hence, in accordance with the Scheme:

a) All the assets and liabilities in the books of MHPL shall stand transferred and vested in the Company and shall be recorded by the Company at their respective fair values.

b) The investments in the equity share capital of the MHPL as appearing in the books of accounts of the Company, as on the appointed date of merger, shall stand cancelled

c) The difference, between the fair value of assets and the fair value of liabilities transferred to the Company after adjusting for the inter-company investments and balances, if any and after adjusting the balance in Business Reconstruction Account created pursuant to demerger be credited to General Reserve Account.

5 Pursuant to the Composite Scheme, the name i.e. FSML stands changed to Integra Garments and Textiles Ltd w.e.f. 10th August, 2012

2 There are no Micro and Small Enterprises, to whom the Company owes dues, which are outstanding for more than 45 days as at 31st March, 2013. This information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

3 The Company is engaged in Manufacturing of textiles Products which is Considered as the only reportable business segment.

4 Lease Rent includes rent, compensation paid to landlord and service tax amount with interest.