అకౌంట్స్ గమనికలుJLA Infraville Shoppers Ltd.

Mar 31, 2025

A. Corporate Information

JLA Infraville Shoppers Limited is a entity incorporated under Companies Act,2013.The Company is located at NO. 2363, FIRST FLOOR, 24TH MAIN, 1ST SECTOR, HSR LAYOUT BANGALORE Bangalore KA 560102 INH The Company is engaged in online services and allied activities.

B. Significant Accounting Policies:

The Financial Statements have been prepared on the historical cost basis except for following assets and liabilities which have been measured at fair value amount:

i) Certain Financial Assets and Liabilities (including derivative instruments),

ii) Defined Benefit Plans - Plan Assets and

iii) Equity settled Share Based Payments

The Financial Statements of the Company have been prepared to comply with the Indian Accounting standards (''Ind AS''), including the rules notified under the relevant provisions of the Companies Act, 2013, (as amended from time to time) and Presentation and disclosure requirements of Division IIof Schedule III to the Companies Act, 2013,(Ind AS Compliant Schedule III) as amended from time to time.

B.2 Summary of Significant Accounting Policies

(a) Current and Non-Current Classification®

The Company presents assets and liabilities in theBalance Sheet based on Current/ Non-Current Classification.

An asset is treated as Current when it is -

(1) Expected to be realised or intended to be sold or consumed in normal operating cycle;

(2) Held primarily for the purpose of trading;

(3) Expected to be realised within twelve monthsBfter the reporting period, or

(4) Cash or cash equivalent unless restricted fromHeing exchanged or used to settle a liability forH at least twelve months after the reporting period.

All other assets are classified as non-current

A liability is current when:

(1) It is expected to be settled in normal Sperating cycle;

(2) It is held primarily for the purpose of trading;

(3) It is due to be settled within twelve months afterHhe reporting period, or

(4) There is no unconditional right to defer theHettlement of the liability for at least twelvemonths after the reporting period.

The Company classifies all other liabilitiesHs non-current

Deferred tax assets and liabilities are classified asHon-current assets and liabilities

(b) Property, Plant and Equipment

Property, Plant and Equipment are stated at cost, netHf recoverable taxes, trade discount and rebates less Hccumulated depreciation and impairment losses, if any. Such cost includes purchase price, borrowingHost and any cost directly attributable to bringingHhe assets to its working condition for its intendedHse, net charges H on foreign exchange contracts and adjustments arising from exchange rate variationsHttributable to the assets.

In case of land thedompany has availed fair value as deemed cost onHhe date of transition to Ind AS.

Subsequent costs are included in the asset''s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the entity and the cost can be measured reliably.

Depreciation on Property, Plant and Equipment is provided using written down value method on depreciable amount except in case of certain assets of Oil to Chemicals segment which are depreciated using straight line method. Depreciation is provided based on useful life of the assets as prescribed in Schedule II to the Companies Act, 2013 except in respect of the following assets, where useful life is different than those prescribed in Schedule II;

(c) Intangible Assets

Intangible Assets are stated at cost of acquisition net of recoverable taxes, trade discount and rebates less accumulated amortisation/depletion and impairment losses, if any. Such cost includes purchase price, borrowing costs, and any cost directly attributable to bringing the asset to its working condition for the intended use, net charges on foreign exchange contracts and adjustments arising from exchange rate variations attributable to the Intangible Assets.

Subsequent costs are included in the asset''s carrying amount or recognised as a separate asset as appropriate, only when it is probable that future economic benefits associated with the item will flow to the entity and the cost can be measured reliably.

Gains or losses arising from derecognition of an Intangible Asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset and are recognised in the Statement of Profit and Loss when the asset is derecognised. The Company''s intangible assets comprises assets with finite useful life which are amortised on a straight-line basis over the period of their expected useful life.

(d) Cash and Cash Equivalents

Cash and cash equivalents comprise of cash on hand, cash at banks, short-term deposits and short-term highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

(e) Finance Costs

Borrowing costs include exchange differences arising from foreign currency borrowings to the extent they are regarded as an adjustment to the interest cost. Borrowing costs that are directly attributableab the acquisition or construction of qualifying assets are capitalised as part of the cost of suchassets. A qualifying asset is one that necessarily takes substantial period of time to get ready forHs intended use.

Interest income earned on the temporary investmentof specific borrowings pending their expenditure ona qualifying assets is deducted from the borrowingaosts eligible for capitalisation.All other borrowing costs are charged to the Statement of Profit and Loss for the period for which they are incurred.

(f) Inventories

Items of inventories are measured at lower ofaost and net realisable value after providing forobsolescence, if any, except in case of by-productswhich are valued at net realisable value. Cost of inventories comprises of cost of purchase,aost of conversion and other costs including manufacturing overheads net of recoverable taxesa incurred in bringing them to their respective presentfccation and condition.

Cost of finished goods, work-in-progress, rawmaterials, chemicals, stores and spares, packing materials, trading and other products areaetermined on weighted average basis.

(g) Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a 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 theobligation. If the effect of the time value of money ismaterial, provisions are discounted using a currentare-tax rate that reflects, when appropriate, the risk specific to the liability. When discounting is used, themcrease in the provision due to the passage of time B recognised as a finance cost.

(h) Contingent Liabilities

Disclosure of contingent liability is made when therel a possible obligation arising from past events,Ihe existence of which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Company or a present obligation that arises from past events where it is either not probable that an outflow of resources embodying economic benefits will be required to settle or a reliable estimate of amount cannot be made.

(i) Revenue recognition

Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Income is accounted for on accrual basis in accordance with the Accounting Standards (AS) 9- "Revenue Recognition". Insurance and other claims are recognized in accounts on lodgment to the extent these are measurable with reasonable certainty of acceptance. Excess/ shortfall is adjusted in the year of receipt. Interest is recognized on a time proportion basis taking into account the amount outstanding and the applicable interest rate. During the year the Board has decided to waive off interest for some parties as per mutual understanding.

(j) Impairment of assets

An impairment loss is recognized wherever the carrying amount of fixed assets exceeds the recoverable amount i.e. the higher of the assets'' net selling price and value in use. After impairment, depreciation is provided on the revised carrying amount of the assets over its remaining useful life. A previously recognized impairment loss is increased or reversed depending on changes in circumstances. However, the carrying value after reversal is not increased beyond the carrying value that would have prevailed by charging usual depreciation if there was no impairment.

(k) Leased Assets

In case of Lessee

Assets taken on lease, under which the lessor effectively retains all the risks and rewards of ownership, are classified as operating lease. Operating lease payments are recognized as expense in the statement of profit and loss account. Assets acquired under leases where all the risks and rewards of ownership are substantially transferred to company are classified as finance leases. Such leases are capitalized at the inception of the lease at the lower of fair value or the present value of minimum lease payments and liability is created for an equivalent amount. Each lease rental paid is allocated between the liability and interest cost so as to obtain a constant periodic rate of interest on the outstanding liability for each period.

In case of Lessee

Leases in which the company transfers substantially all the risks and benefits of ownership of the asset are classified as finance leases. Assets given under finance lease are recognized as a receivable at an amount equal to the net investment in the lease. After initial recognition, the company apportions lease rentals between the principal repayment and interest income so as to achieve a constant periodic rate of return on the net investment outstanding in respect of the finance lease. The interest income is recognized in the statement of profit and loss. Initial direct costs such as legal costs, brokerage costs, etc. are recognized immediately in the statement of profit and loss. Leases in which the company does not transfer substantially all the risks and benefits of ownership of the asset are classified as operating leases. Assets subject to operating leases are included in fixed assets. Lease income on an operating lease is recognized in the statement of profit and Loss as revenue from operation. Costs, including depreciation, are recognized as an expense in the statement of profit and loss. Initial direct costs such as legal costs, brokerage costs, etc. are recognized immediately in the statement of profit and loss.

(l) Taxes on income

Current tax is the amount of tax payable on the taxable income for the year as determined in accordance with the provisions of the Income Tax Act, 1961.

Deferred tax is recognised on timing differences, being the differences between the taxable income and the accounting income that originate in one period and are capable of reversal in one or more subsequent periods. Deferred tax is measured using the tax rates and the tax laws enacted or substantially enacted as at the reporting date. Deferred tax liabilities are recognised for all timing differences. Deferred tax assets in respect of unabsorbed depreciation and carry forward of losses are recognised only if there is virtual certainty that there will be sufficient future taxable income available to realise such assets. Deferred tax assets are recognised for timing differences of other items only to the extent that reasonable certainty exists that sufficient future taxable income will be available against which these can be realised. Deferred tax assets and liabilities are offset if such items relate to taxes on income levied by the same governing tax laws and the Company has a legally enforceable right for such set off. Deferred tax assets are reviewed at each Balance Sheet date for their

readability

Minimum Alternate Tax (MAT) paid in a year is charged to the Statement of Profit and Loss as current tax. The company recognizes MAT credit available as an asset only to the extent there is convincing evidence that the company will pay normal income tax during the specified period, i.e., the period for which MAT Credit is allowed

to be carried forward. In the year in which the Company recognizes MAT Credit as an asset in accordance with the Guidance Note on Accounting for Credit Available in respect of Minimum Alternate Tax under the Income Tax Act, 1961, the said asset is created by way of credit to the statement of Profit and Loss and shown as "MAT Credit Entitlement." The Company reviews the "MAT Credit Entitlement" asset at each reporting date and writes down the asset to the extent the company does not have convincing evidence that it will pay normal tax during the sufficient period.

Regarding MSME Classification

We have relied it is to inform that upon the classification provided to us by the management and have test checked it on sample basis.

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Mar 31, 2024

(g) Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a 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 theobligation. If the effect of the time value
of money ismaterial, provisions are discounted using a currentpre-tax rate that reflects, when appropriate, the risks
specific to the liability. When discounting is used, the i ncrease in the provision due to the passage of time i s
recognised as a finance cost.

(h) Contingent Liabilities

Disclosure of contingent liability is made when there i s a possible obligation arising from past events,the existence
of which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not
wholly within the control of the Company or a present obligation that arises from past events where it is either
not probable that an outflow of resources embodying economic benefits will be required to settle or a reliable
estimate of amount cannot be made.

(i) Revenue recognition

Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the
revenue can be reliably measured. Income is accounted for on accrual basis in accordance with the Accounting
Standards (AS) 9- “Revenue Recognition". Insurance and other claims are recognized in accounts on lodgment to the
extent these are measurable with reasonable certainty of acceptance. Excess/ shortfall is adjusted in the year of
receipt. Interest is recognized on a time proportion basis taking into account the amount outstanding and the applicable
interest rate. During the year the Board has decided to waive off interest for some parties as per mutual understanding.

(j) Impairment of assets

An impairment loss is recognized wherever the carrying amount of fixed assets exceeds the recoverable amount i.e. the
higher of the assets'' net selling price and value in use. After impairment, depreciation is provided on the revised carrying
amount of the assets over its remaining useful life. A previously recognized impairment loss is increased or reversed
depending on changes in circumstances. However, the carrying value after reversal is not increased beyond the carrying
value that would have prevailed by charging usual depreciation if there was no impairment.

(k) Leased Assets
In case of Lessee

Assets taken on lease, under which the lessor effectively retains all the risks and rewards of ownership, are classified as
operating lease. Operating lease payments are recognized as expense in the statement of profit and loss account.

Assets acquired under leases where all the risks and rewards of ownership are substantially transferred to company are
classified as finance leases. Such leases are capitalized at the inception of the lease at the lower of fair value or the
present value of minimum lease payments and liability is created for an equivalent amount. Each lease rental paid is
allocated between the liability and interest cost so as to obtain a constant periodic rate of interest on the outstanding
liability for each period.

In case of Lessee

Leases in which the company transfers substantially all the risks and benefits of ownership of the asset are classified as
finance leases. Assets given under finance lease are recognized as a receivable at an amount equal to the net
investment in the lease. After initial recognition, the company apportions lease rentals between the principal repayment
and interest income so as to achieve a constant periodic rate of return on the net investment outstanding in respect of
the finance lease. The interest income is recognized in the statement of profit and loss. Initial direct costs such as legal
costs, brokerage costs, etc. are recognized immediately in the statement of profit and loss. Leases in which the
company does not transfer substantially all the risks and benefits of ownership of the asset are classified as operating
leases. Assets subject to operating leases are included in fixed assets. Lease income on an operating lease is recognized
in the statement of profit and Loss as revenue from operation. Costs, including depreciation, are recognized as an
expense in the statement of profit and loss. Initial direct costs such as legal costs, brokerage costs, etc. are recognized
immediately in the statement of profit and loss.

(l) Taxes on income

Current tax is the amount of tax payable on the taxable income for the year as determined in accordance with the
provisions of the Income Tax Act, 1961.

Deferred tax is recognised on timing differences, being the differences between the taxable income and the accounting
income that originate in one period and are capable of reversal in one or more subsequent periods. Deferred tax is
measured using the tax rates and the tax laws enacted or substantially enacted as at the reporting date. Deferred tax
liabilities are recognised for all timing differences. Deferred tax assets in respect of unabsorbed depreciation and carry
forward of losses are recognised only if there is virtual certainty that there will be sufficient future taxable income
available to realise such assets. Deferred tax assets are recognised for timing differences of other items only to the
extent that reasonable certainty exists that sufficient future taxable income will be available against which these can be
realised. Deferred tax assets and liabilities are offset if such items relate to taxes on income levied by the same
governing tax laws and the Company has a legally enforceable right for such set off. Deferred tax assets are reviewed at
each Balance Sheet date for their realisability.

Minimum Alternate Tax (MAT) paid in a year is charged to the Statement of Profit and Loss as current tax. The company
recognizes MAT credit available as an asset only to the extent there is convincing evidence that the company will pay
normal income tax during the specified period, i.e., the period for which MAT Credit is allowed to be carried forward. In
the year in which the Company recognizes MAT Credit as an asset in accordance with the Guidance Note on Accounting
for Credit Available in respect of Minimum Alternate Tax under the Income Tax Act, 1961, the said asset is created by
way of credit to the statement of Profit and Loss and shown as "MAT Credit Entitlement." The Company reviews the
"MAT Credit Entitlement" asset at each reporting date and writes down the asset to the extent the company does
not have convincing evidence that it will pay normal tax during the sufficient period.

Regarding MSME Classification

We have relied it is to inform that upon the classification provided to us by the management and have test checked it on
sample basis.

The Company''s risk management policies are established to identify and analyse the risks faced by the Company, to set appropriate risk limits and controls and to monitor risks and adherence to limits. Risk
management policies and systems are reviewed regularly to reflect changes in market conditions and the Company''s activities. The Company, through its training and management standards and procedures, aims
to maintain a disciplined and constructive control environment in which all employees understand their
roles and obligations.

The Company has exposure to Credit, Liquidity and Market risks arising from financial instruments:

a. Credit Risk

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, and arises principally from the Company''s
receivables from customers and investments in debt securities.

Trade and other receivables

The Company''s exposure to credit risk is influenced mainly by the individual characteristics of each customer. However, management also considers the factors that may influence the credit risk of its
customer base, including the default risk of the country in which customers operate.

The Management has established a credit policy under which each new customer is analysed individually for Creditworthiness before the Company''s standard payment and delivery terms and
conditions are offered. Credit limits are established for each customer and reviewed periodically.

At the end of the reporting period, there are no significant concentrations of credit risk. The carrying amount reflected above represents the maximum exposure to credit risk.

Financial Instruments and Cash deposits

Credit risk is limited as the Company generally invest in deposits with banks. Counterparty credit limits are reviewed by the Company periodically and the limits are set to minimise the concentration of
risks and therefore mitigate financial loss through counterparty''s potential failure to make payments.

b. Liquidity Risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The
Company''s approach to managing liquidity is to ensure, as far as possible, that it will have sufficient liquidity to meet its liabilities when they are due, under both normal and stressed conditions,
without incurring unacceptable losses or risking damage to the Company''s reputation. The following are the remaining contractual maturities of financial liabilities at the reporting date. The amounts
are gross and undiscounted, and include estimated interest payments and exclude the impact of netting agreements.

c. Market Risk

Market risk is the risk that changes in market prices such as commodity prices risk, foreign exchange rates and interest rates which will affect the Company''s financial position. Market risk is
attributable to all market risk sensitive financial instruments including foreign currency receivables and payables.

The Plantation Industry is dependent on nature, making it susceptible to climate vagaries. The major weather factors that influence coffee yield are rainfall, temperature, light intensity and relative
humidity. To mitigate the risk of drought conditions, the Company has invested significantly on augmentation of irrigation capacities etc. The Company, in addition to regular tracing and chemical
control, has taken rigorous initiatives to curb pest incidence. It is also working closely with various R&D cells and Government agencies for developing effective measures in this regard.

Commodity Price Risk

The Company''s exposure to Market risk for commodity prices can result in changes to realisation for its Plantation products and Cost of Production for its value added products. The risk associated is
actively monitored for mitigation actions. The other mitigants includes strict implementation of Board mandated Commodity policy and also the natural hedge arising on export of Plantation produce
vis a vis import of Coffee for value added segment.

Exposure to interest rate risk

The Company''s interest rate risk arises from borrowings.

Capital Management

The Company''s objective for capital management is to maximize shareholder wealth, safeguard business continuity and support the growth of the Company. The Company determines the capital
management requirement based on annual operating plans and long term and other strategic investment plans. The funding requirements are met through a mixof equity, borrowings and operating
cash flows.

For Kamal Gupta Associates For and on behalf of Board of Directors

Chartered Accountants
FRN : 000752C

Nand Kishore Srivastava Atul Agarwal

(Managing Director) Director

DIN:10621357 DIN: 09279372

CA Neha Agarwal

Partner Suneeta Devi Kushal Maheshwari

Membership No. : 406713 (Chief Financial Officer) (Company Secretary)

Date : 25/05/2024

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Mar 31, 2015

1. In the financial year 2014-15, the Company has operated in only one business segment, hence compliance of AS-17 regarding "Segment Reporting" is not necessary.

2. Related party transactions:

i) As per Accounting Standard 18, the disclosures of transactions with the related parties are given below:

S. No. Name of the Related Party Relationship

1 Indu Traders Relative of Key Managerial Person

3. Contingent Liabilities:

Contingent Liability not provided for (2014-15) (2013-14)

Claims against the Company not acknowledged as debt NIL NIL

4. Last year's figures have been regrouped and re-arranged wherever necessary to conform to the figures of the current year..

5. Expenses incurred in relation to issue of shares amounting to Rs. 35,85,994/- has been written off during the current financial year.

6. The Company has not provided for any retirement benefits including gratuity.

7. The company has not received any memorandum (as required to be filed by the Suppliers with the notified authority under the Micro, Small and Medium Enterprises Development Act, 2006), claiming their status as micro, small or medium enterprises. Consequently, the amount paid / payable to these parties during the year is Nil.

8. Sundry Debtors and Creditors, Loans and Advances are subject to confirmation.

10. Figures have been rounded off to the nearest rupee.