Ganesh Consumer Products Ltd. కంపెనీ అకౌంటింగ్ విధానాలు

3 Material Accounting Policies:

Material Accounting Policy Information has been identified and
disclosed based on the guidance provided under IND AS 1. The
Material Accounting policy information used in preparation of the
financial statements have been disclosed in the respective notes.

4 Property, Plant and Equipment

Accounting Policy:

a) Recognition and Measurement :

i) Property, plant and equipment held for use in the production or/and supply of goods or services, or for administrative
purposes, are stated in the balance sheet at cost, less any accumulated depreciation and accumulated impairment
losses (if any).

ii) Cost of an item of property, plant and equipment acquired comprises its purchase price, including import duties and non¬
refundable purchase taxes, after deducting any trade discounts and rebates, any directly attributable costs of bringing the
assets to its working condition and location for its intended use and present value of any estimated cost of dismantling and
removing the item and restoring the site on which it is located.

iii) In case of self-constructed assets, cost includes the costs of all materials used in construction, direct labour, allocation of
directly attributable overheads, directly attributable borrowing costs incurred in bringing the item to working condition for
its intended use, and estimated cost of dismantling and removing the item and restoring the site on which it is located. The
costs of testing whether the asset is functioning properly, after deducting the net proceeds from selling items produced
while bringing the asset to that location and condition are also added to the cost of self-constructed assets.

b) Depreciation and Amortization :

i) Depreciation on property, plant and equipment is provided under written down value method over the useful lives of assets.
Depreciation on change in the value of fixed assets due to exchange rate fluctuation has been provided prospectively over
the residual life of the respective assets.

ii) Depreciation in respect of property, plant and equipment added / disposed off during the year is provided on pro-rata basis,
with reference to the date of addition/disposal. The Company has used the following rates to provide depreciation on its
property, plant and equipment.

4A.2 All the projects in progress as on 31st March, 2026 and 31st March 2025, are being executed as per schedule and is not overdue
in terms of target completion time. Further, cost of these projects has not exceeded the cost as per its original plan/ budget.

4B Right of Use Assets

Accounting Policy:

The ROU assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the
commencement day and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and
impairment losses.

ROU assets are depreciated over the shorter period of the lease term and useful life of the underlying asset. If the company is
reasonably certain to exercise a purchase option, the right-of-use asset is depreciated over the underlying asset''s useful life. The
depreciation starts at the commencement date of the lease.

As a practical expedient, Ind AS 116 permits a lessee not to separate non-lease components when bifurcation of the payments is
not available between the two components, and instead account for any lease and associated non-lease components as a single
arrangement. The Company has used this practical expedient.

Extension and termination options are included in many of the leases. In determining the lease term the management considers all
facts and circumstances that create an economic incentive to exercise an extension option, or not exercise a termination option.

4B.2 Refer note no. 18 & 24 for information on Right of Use Assets pledged and hypothecated as securities by the Company.

5 Intangible Asset

Accounting Policy :

i) Intangible assets acquired separately are measured on initial recognition at cost. Following initial recognition, intangible assets
are carried at cost less accumulated amortisation and accumulated impairment loss, if any.

ii) Intangible assets are amortized on a straight line method over the estimated useful economic life. The Company uses a rebuttable
presumption that the useful life of an intangible asset will not exceed ten years from the date when the asset is available for use.
If the persuasive evidence exists to the affect that useful life of an intangible asset exceeds ten years, the Company amortizes
the intangible asset over the best estimate of its useful life. Such intangible assets and intangible assets not yet available for
use are tested for impairment annually, either individually or at the cash-generating unit level. All other intangible assets are
assessed for impairment whenever there is an indication that the intangible asset may be impaired.

Financial Assets:

Accounting Policy :

All financial assets are recognised on trade date when the purchase of a financial asset is under a contract whose term requires delivery
of the financial asset within the timeframe established by the market concerned. Financial assets are initially measured at fair value,
plus transaction costs, except for those financial assets which are classified at fair value through profit or loss (FVTPL) at inception.

All recognised financial assets are subsequently measured in their entirety at either amortised cost or fair value.

The Company derecognises a financial asset only when the contractual rights to the cash flows from the asset expire, or when it
transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another entity.

The Company assesses at each date of balance sheet whether a financial asset or a group of financial assets is impaired. Ind AS 109
requires expected credit losses to be measured through a loss allowance .

Classification and Subsequent Measurement

For purposes of subsequent measurement, financial assets are classified:

a) Measured at Amortized Cost

b) Measured at Fair Value Through Other Comprehensive Income (FVTOCI)

c) Measured at Fair Value Through Profit or Loss (FVTPL) and

Financial assets are not reclassified subsequent to their initial recognition, except if and in the period the Company changes its
business model for managing financial assets.

Measured at Amortized Cost

The Financial assets are subsequently measured at the amortized cost if both the following conditions are met:

• The asset is held within a business model whose objective is achieved by both collecting contractual cash flows; and

• The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and

interest (SPPI) on the principal amount outstanding.

After initial measurement, such financial assets are subsequently measured at amortized cost using the effective interest rate (EIR)
method. Income is recognised on an effective interest basis for debt instruments other than those financial assets classified as FVTPL.
Interest income is recognised in the statement of profit and loss.

Measured at Fair Value Through Other Comprehensive Income (FVTOCI)

The financial assets are measured at the FVTOCI if both the following conditions are met:

• The objective of the business model is achieved by both collecting contractual cash flows and selling the financial assets; and

Debt instruments meeting these criteria are measured initially at fair value plus transaction costs. They are subsequently measured
at fair value with any gains or losses arising on re-measurement recognized in other comprehensive income, except for impairment
gains or losses and foreign exchange gains or losses. Interest calculated using the effective interest method is recognized in the
statement of profit and loss in investment income.

Measured at Fair Value Through Profit or Loss (FVTPL)

Financial assets are measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other
comprehensive income on initial recognition. Gains or losses arising on re-measurement are recognised in the statement of profit
and loss. The net gains or loss recognised in statement of profit and loss incorporates any dividend or interest earned on the financial
assets and is included in the “Other income” line item.

9 Inventories

Accounting Policy:

a) Raw materials, packing materials, fuel and stores & spare parts are valued at lower of cost and net realisable value (NRV).

However, these items are considered to be realisable at cost, if the finished products, in which they will be used, are expected to

be sold at or above cost. Cost is determined on first in first out (FIFO) basis. Stores and spares which do not meet the definition
of property, plant and equipment are accounted as Inventories.

b) Work-in- progress (WIP) and finished goods are valued at lower of cost and Net Realisable Value. Cost is determined by
reducing from the sales value of the inventory the appropriate percentage gross margin. The percentage used takes into
consideration inventory which has been marked down to below its original selling price. An average percentage for each retail
department is often used.

Net realizable value is the estimated selling price in the ordinary course of business, less estimated costs of completion and
estimated costs necessary to make the sale.

c) Waste / Scrap inventory is valued at NRV. Net realisable value is the estimated selling price in the ordinary course of business,

less the estimated costs of completion and the estimated costs necessary to make the sale.

10.3 Basis the Scheme of Arrangement sanctioned by the Hon''ble National Company Law Tribunal ("NCLT"), Kolkata vide Order
dated 5th April, 2024 amongst Manoj Mercantile Credit Pvt Ltd (“Transferor Company 1”), New Age Import Pvt Ltd (“Transferor
Company 2”), Aakarshak Properties & Holdings Pvt. Ltd. (“Transferor Company 3”), Ektaa Steel & Credit Pvt. Ltd. (“Transferor
Company 4”), Grain Business Undertaking of Srivaru Poly Packs Private Limited (“Demerged Company 5”) into Srivaru Agro
Private Limited (“Transferee CompanyTResulting Company”) and their respective shareholders and creditors (‘the Scheme”)
with appointed date of 1st April, 2024. Certified true copy of the Order has been filed with the Registrar of Companies in Form
INC-28 dated 21st June, 2024 and the scheme is operative from this date.

Accordingly, to give effect of the Scheme, the loans and advances given to the above companies (1 and 2) by Ganesh Consumer
Products Limited (Formerly known as Ganesh Grains Limited) has been transferred to Transferee / Resulting Company on
21st June, 2024.

11 Trade Receivables

Accounting Policy :

Trade receivables are measured at their transaction price unless it contains a significant financing component in accordance with
Ind AS 115. Trade receivables are held with the objective of collecting the contractual cash flows and therefore are subsequently
measured at amortised cost less allowances, if any.

11.1 In determining the allowances for credit losses of trade receivables, the company has used a practical expedient by computing
the expected credit loss allowance based on provision matrix. The provision matrix takes into account historical credit loss
experience and is adjusted for forward looking information. The expected credit loss allowance is based on the ageing of the
receivables that are due and rates used in the provision matrix. Loss allowances includes reversal of provision of H 1.79 Lakhs
[31st March, 2025: net provision of H 0.67 Lakhs] on account of expected credit loss on trade receivable [Refer Note No.53(A)

(i)].

11.2 Refer note no. 24 for information on trade receivables pledged as securities by the Company.

11.3 No trade or other receivables are due from directors or other officers of the company either severally or jointly with any other
person.

12 Cash and Cash Equivalents

Accounting Policy:

Cash and cash equivalents in the balance sheet comprise cash at banks and on hand, Cheques on hand and short term deposits with
an original maturity of three months or less, which are subject to an insignificant risk of change in value.

16 Equity Share Capital

Accounting Policy:

Ordinary Shares

An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Equity instruments issued by the Company are recognised at the proceeds received, net of direct issue costs.

Treasury shares

Treasury shares are the own equity instruments of the Company that are re-acquired by the Company. Treasury shares are recognised
at cost and the par value of treasury shares is reduced from equity share capital whereas the difference between cost and par value is
deducted from treasury shares held by ESOP trust under other equity. No gain or loss is recognised in the statement of profit or loss
on the purchase, sale, issue, or cancellation of the Company''s own equity instruments. Any difference between the carrying amount
and the consideration, if reissued, is recognised in Securities premium.

16.1. A During the year, the Company has completed its Initial Public Offer (IPO) of 1,26,98,020 equity shares of face value of Rs.

10 each at an issue price of Rs. 322 per share (including a share premium of Rs. 312 per share). A discount of Rs.30.00
per share was offered to existing employees bidding in the employee reservation portion of 34,246 equity shares.The issue
comprised of a fresh issue of 40,39,687 equity shares aggregating to Rs. 13,000.00 Lakhs and offer for sale of 86,58,333
equity shares by the selling shareholders aggregating to Rs. 27,879.83 Lakhs, totalling to Rs. 40,879.83 Lakhs.

16.1. B Ganesh Consumer Products Limited - Employee Stock Option Scheme 2025 (‘Ganesh ESOS Scheme 2025'') are to be

implemented by secondary acquisition of equity shares through the Ganesh Employees Welfare Trust (“Ganesh ESOP
Trust”). During the Financial year 2025 - 26, The Ganesh ESOP Trust has purchased 5,24,500 equity shares of the
Company from the open market amounting to Rs. 999.47 lakhs. The financial statements of the Ganesh ESOP Trust have
been included in the Financial Statements of the Company in accordance with the requirements of Ind AS and the cost
of such treasury shares outstanding as at 31st March, 2026 has been presented as a deduction in Equity in the current
financial year. Additionally, the impact of this ESOP Scheme has been factored into the calculation of earnings per equity
share, in compliance with Ind AS 33 - Earnings Per Share.

16.2 Terms/ Rights attached to Equity Shares :

The Company has only one class of equity shares having a par value of H 10/- per share. Each holder of equity shares is entitled
to one vote per share. The Company declares and pays dividends in Indian rupees. The dividend proposed by the Board of
Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of
the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of
preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

16.3 Srivaru Agro Private Limited is the Holding Company of Ganesh Consumer Products Limited (Formerly known as Ganesh Grains
Limited).

16.4 Details of Equity Shareholders holding more than 5% shares in the Company

*The Company has filed DIR-6 on 29th November, 2024 for change in name from Manish Kumar Mimani to Manish Mimani and accordingly the name
has been changed. Number of shares held as on 31st March, 2026 excludes 2,95,314 shares purchased on 30th March, 2026, which got settled on
2nd April, 2026.

** Percentage have been calculated on the basis of total number of shares outstanding (before adjusting Treasury shares, refer footnote (a) above).

16.6 No Equity shares have been reserved for issue under options and contracts/ commitments for the sale of shares/ disinvestment
as at the Balance Sheet date.

16.7 No Equity shares have been bought back by the Company during the period of five years immediately preceding the reporting
date except for 17,13,895 buyback of shares during the year 2020-21

16.8 No bonus shares have been issued during the year.

16.9 No securities convertible into Equity shares have been issued by the Company during the year.

16.10 No calls are unpaid by any Director or Officer of the Company during the year.

16.11 The company during the preceding five years has not allotted shares pursuant to contracts without payments received in cash.

16.12 Basis the Scheme of Arrangement sanctioned by the Hon''ble National Company Law Tribunal ("NCLT"), Kolkata vide Order
dated 5th April, 2024 amongst Manoj Mercantile Credit Pvt Ltd (“Transferor Company 1”), New Age Import Pvt Ltd (“Transferor
Company 2”), Aakarshak Properties & Holdings Pvt. Ltd. (“Transferor Company 3”), Ektaa Steel & Credit Pvt. Ltd. (“Transferor
Company 4”), Grain Business Undertaking of Srivaru Poly Packs Private Limited (“Demerged Company 5”) into Srivaru Agro
Private Limited (“Transferee CompanyTResulting Company”) and their respective shareholders and creditors (‘the Scheme”)
with appointed date of 1st April, 2024. Certified true copy of the Order has been filed with the Registrar of Companies in Form
INC-28 dated 21st June, 2024 and the scheme is operative from this date.

Accordingly, to give effect of the Scheme, the investments in shares held by the above companies (1,2 and 5) in Ganesh
Consumer Products Limited (Formerly known as Ganesh Grains Limited) has been transferred to Transferee / Resulting
Company on 5th August, 2024.

Nature/ Purpose of each reserve

a) Capital Reserve: The excess of net assets acquired over consideration paid during amalgamation / merger / acquisition is
recognised as capital reserve.

b) Capital Redemption Reserve: The Company has created Capital Redemption Reserve as per the requirements of the Companies
Act, 2013 on buyback of equity shares.

c) Securities Premium: The amount received in excess of face value of the Equity shares is recognised in Securities Premium
Reserve. This reserve is utilised in accordance with the provisions of the Companies Act 2013. During the year it is utilized
against share issue expenses.

d) Treasury shares held by ESOP Trust: The Company has created a trust, namely “Ganesh Employee Welfare Trust”(ESOP
Trust) for providing sharebased payments to its employees. The Company uses this Trust as a vehicle for distributing shares
to employees covered under Scheme. The Trust buys shares of the Company from the market, for giving shares to employees
under the Employee Stock Option Scheme 2025 (ESOS 2025).

e) General Reserve: The reserve arised on transfer of a portion of the net profit pursuant to the earlier provisions of The Companies
Act 1956. It also includes adjustment pursuant to the scheme of arrangement.

f) Retained Earnings: Retained earnings represents accumulated profits and losses of the company as on reporting date, less any
transfers to general reserve, dividends or other distributions paid to shareholders. Retained earnings includes re-measurement
(loss)/gain on defined benefit plans, net of taxes that will not be reclassified to Statement of Profit and Loss. Retained earnings
is a free reserve available to the Company and eligible for distribution to shareholders.

The term loans from bank are secured by a mortgage in respect of office space being:

(I) Office space being no. 711 measuring about 3539 sq. ft. (Carpet Area) equivalent to 5252 sq. ft. (Super built up area) on the
7th floor together with right of parking space in the parking area of the Basement floor of the I.T Project named and known
as "Adventz Infinity @ 5" situate at Plot no. 5, Block No. BN, Sector V, Salt Lake City, Kolkata 700091 AND

(II) office Space being no.1011 measuring about 3539 sq. ft. (Carpet area) equivalent to 3670 sq. ft. (Built up area) equivalent
to 5252 sq. ft. (Super built up area) on the 10th floor together with right of parking spaces in the parking area of the
Basement floor of the I.T. Project named and known as "Adventz Infinity @ 5" situate at Plot no. 5, Block No. BN, Sector V,
Salt Lake City, Kolkata 700091 AND

(III) Office Space nos.1010 & 1012 measuring about 9930 sq. ft. (Carpet area) equivalent to 10239 sq. ft. (Built up area)
equivalent to 14653 sq. ft. (Super built up area) on the 10th floor together with rights of parking space in the parking area of
the Basement floor of the I.T. Project named and known as "Adventz Infinity @ 5" situate at Plot no. 5, Block No. BN, Sector
V, Salt Lake City, Kolkata 700091.

Financial Liabilities:

Accounting Policy :

Financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument. Financial
liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition of financial liabilities
(other than financial liabilities at fair value through profit or loss) are deducted from the fair value measured on initial recognition
of financial liability. They are measured at amortised cost using the effective interest method.

The Company derecognises financial liabilities when, and only when, the Company''s obligations are discharged, cancelled,
or have expired.

Refer Note. 52 for disclosure related to Fair value measurement of financial instruments.

19 Non Current Lease Liabilities

Accounting Policy :

The Company assesses whether a contract is or contains a lease, at inception of the contract. The Company recognises a right-of-use asset
and a corresponding lease liability with respect to all lease arrangements in which it is the lessee, except for short-term leases (defined
as leases with a lease term of 12 months or less) and leases of low value assets. For these leases, the Company recognises the lease
payments as an operating expense on a straight-line basis over the lease term, unless another systematic basis is more representative
of the time pattern in which economic benefits from the leased assets are consumed. Contingent and variable rentals are recognized as
expense in the periods in which they are incurred.

The lease payments that are not paid at the commencement date are discounted using the interest rate implicit in the lease. If that rate
cannot be readily determined, which is generally the case for leases in the Company, the lessee''s incremental borrowing rate is used, being
the rate that the individual lessee would have to pay to borrow the funds necessary to obtain an asset of similar value to the right-of-use
asset in a similar economic environment with similar terms, security and conditions.

23 Deferred Tax Liabilities/(Asset)

Accounting Policy:

Deferred tax is provided, on all temporary differences at the reporting date between the tax bases of assets and liabilities and their
carrying amounts for financial reporting purposes. Deferred tax assets and liabilities are measured at the tax rates that are expected
to be applied to the temporary differences when they reverse, based on the laws that have been enacted or substantively enacted at
the reporting date. Tax relating to items recognised directly in equity or OCI is recognised in equity or OCI and not in the Statement
of Profit and Loss.

Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and they
relate to income taxes levied by the same tax authority, but they intend to settle current tax liabilities and assets on a net basis or their
tax assets and liabilities will be realized simultaneously.

A deferred tax asset is recognized to the extent that it is probable that future taxable profits will be available against which the
temporary difference can be utilised. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is
no longer probable.

38 Finance Cost

Accounting Policy:

Borrowing cost include interest expense calculated using the effective interest method, finance charges in respect of assets acquired
on finance lease and exchange difference arising on foreign currency borrowings to the extent they are regarded as an adjustment
to the finance cost.

Borrowing costs (including other ancillary borrowing cost) directly attributable to the acquisition or construction of a qualifying asset
are capitalized as a part of the cost of that asset that necessarily takes a substantial period of time to complete and prepare the asset
for its intended use or sale. The Company considers a period of twelve months or more as a substantial period of time.

Transaction costs in respect of long term borrowing are amortized over the tenure of respective loans using Effective Interest Rate
(EIR) method. All other borrowing costs are recognized in the statement of profit and loss in the period in which they are incurred.

43 Earning per Share

Accounting Policy :

Earnings per share is calculated by dividing the net profit or loss before OCI for the year attributable to equity shareholders by the
weighted average number of equity shares outstanding during the period. For the purpose of calculating diluted earnings per share,
the net profit or loss before OCI for the period attributable to equity shareholders and the weighted average number of shares
outstanding during the period are adjusted for the effects of all dilutive potential equity shares.

Treasury shares are excluded from weighted average numbers of equity shares used as a denominator in the calculation of basic as
well as diluted earnings per share.