n) Provisions

A provision is recognised when the Company has a present obligation 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. Provisions are not discounted to their present value and are
determined based on the best estimate required to settle the obligation at the reporting date. These estimates are
reviewed at each reporting date and adjusted to reflect the current best estimates.

o) Contingent liability

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 recognise a contingent liability but
discloses its existence in the financial statements.

p) Derivative Contracts

Mark to Market loss if any in respect of derivative contracts is not recognised in books.

Security Clause

a) Term loan from Axis Bank Limited is secured by Hypothecation of plant and machinery created out of proceeds of the
Term Loan to be Takenover. b) Other Collateral Mortgage - Plot no. B-47, Mega Food Park, Village Shah and Vasravi, State
Highway, 165, Near Town of Mota Miya Mangrol, Taluka, Mangrol, Surat - 394421. c) Personal Guarantee of :- 1) Ashok
Patel, 2) Firoz Hathyari, 3) Hozefa Shabbir Husain Jawadwala, 4) Satyanarayan Patro.

b) Term loan from Bank of India is secured by Hypothecation of Plant and Machineries purchased out of Term Loan. b)
Equitable Mortgage of Land and proposed building at Block No. 451/B/1, Survey No 391/B & 392, B/s Somnath Petroleum,
Nr. Gujarat Mega Food Park, Vasravi, Tal. Mangrol, Dist - Surat, 394421 in the name of Company admeasuring 14268 sq.
m. c) Personal Guarantee of :- 1) Ashok Patel, 2) Firoz Hathyari, 3) Hozefa Shabbir Husain Jawadwala, 4) Satyanarayan
Patro.

c) Term loan for solar from SBI is secured by Hypothecation of grid connected rooftop solar plant and other accessories
installed at rooftop of M/s AELEA Commodities Pvt Ltd located at the premises B47, Gujarat Agro infrastructure mega
food park, Mangrol, Surat. c) Personal Guarantee of :- 1) Ashok Patel, 2) Firoz Hathyari, 3) Hozefa Shabbir Husain
Jawadwala, 4) Satyanarayan Patro.

Note No. 4:- Vehicle loans are secured against Vehicles.

Repayment terms and Rate of interest

a) Term loan from Axis bank limited is repayable in 64 Monthly installments of ' 19,69,231/- and last installment of '
19,69,216/-. ROI is Repo 3% Spread.

b) Term loan from Bank of India is repayable in 60 Monthly installments ' 5,00,000/-. ROI is Repo Based Lending Rate
Credit Risk Premium.

c) Term loan for Solar from SBI is having 6 months moratorium and thereafter 54 monthly instalment of ' 4,30,546/-. ROI
is EBLR 0.75%.

d) Vehicle loan from HDFC bank is repayable in 37 Monthly installments of ' 38,525/-. ROI 8.50%.

e) Vehicle loan from Citicorp Finance India Limited is repayable in 48 Monthly installments of ' 4,89,808/-. ROI 794%.

34 Capital commitment and contingent liabilities

a) Capital commitment

There are no capital commitment outstanding as at reporting date (as at March 31, 2025: Nil).

b) Contingent liabilities

There are no contingent liabilities

35 Additional Notes

(A) The title deeds of immovable properties (other than properties where the Company is the lessee and the lease agreements
are duly executed in favour of the lessee) are held in the name of the Company.

(B) The Company does not have any investment property.

C) The Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets) and Intangible assets
except building.

D) There are no loans or advances in the nature of loans are granted to Promoters, Directors, KMPs and their related parties
(as defined under Companies Act, 2013), either severally or jointly with any other person, that are outstanding as on 31st
March, 2025:

(i) repayable on demand; or,

(ii) without specifying any terms or period of repayment.

E) The company is not declared willful defaulter by any bank or financial institution or other lender.

F) The company has not undertaken any transactions with companies struck off under section 248 of the Companies Act,
2013 or section 560 of Companies Act, 1956.

G) No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the
Companies Act, 2013.

H) 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 undrstanding
(whether recorded in writing or otherwise) that the Intermediary shall directly or indirectly lend or invest in other persons
or entities identified in any manner whatsoever (Ultimate Beneficiaries) by or on behalf of the company or provide any
guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

I) The company has 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 directly or indirectly lend or invest
in other persons or entities identified in any manner whatsoever (Ultimate Beneficiaries) by or on behalf of the Funding
Party or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

J) No transactions has been surrendered or disclosed as income during the year in the tax assessment under the Income
Tax Act, 1961. There are no such previously unrecorded income or related assets.

K) The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

36 Expenditure on Corporate Social Responsibility

As per Section 135 of the Companies Act, 2013, a company, meeting the applicability threshold, needs to spend at least
2% of its average net profit for the immediately preceding three financial years on corporate social responsibility (CSR)
activities. The areas for CSR activities are eradication of hunger and malnutrition, promoting education, art and culture,
healthcare, destitute care and rehabilitation, environment sustainability, disaster relief and rural development projects.
The Company is spending amount for these activities, which are specified in ScheduleVII of the Companies Act, 2013.

39 Previous year figures have been regrouped/rearranged whenever necessary to conform to this current year's classification.

For Doshi Doshi & Co For Aelea Commodities Limited

Chartered Accountants

Firm Registration No. 153683W

Chintan Doshi Hozefa Shabbir Husain Jawadwala Ashok Patel

Partner (Managing Director & CEO) (Director & CFO)

Membership No. : 158931 DIN : 07420351 DIN : 06952529

Devyani Fenil Vanapariya

Company Secretary
PAN: BQDPV0274P

Place : Mumbai Place : Mumbai Place : Mumbai

Date : 29^th May, 2025 Date : 29^th May, 2025 Date : 29^th May, 2025