Wingreens FY23 Cons. FS

WINGREENS FARMS PRIVATE LIMITED
Consolidated Financial Statements for period 01/04/2022 to 31/03/2023
(generated by PrivateCircle)
[100100] Balance sheet
Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2023 FY 2022
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 8,106.92964 7,821.966235
Reserves and surplus -3,955.38 9,621.47
Total shareholders' funds 4,151.55 17,443.44
Share application money pending allotment 0 0
Minority interest 0 0
Non-current liabilities [Abstract]
Long-term borrowings 9,213 4,293.57
Deferred tax liabilities (net) 0 1.73
Other long-term liabilities 23.48 56.71
Long-term provisions 307.5 302.8
Total non-current liabilities 9,543.98 4,654.81
Current liabilities [Abstract]
Short-term borrowings 1,136.12 2,159.15
Trade payables (A) 5,019.53 (B) 2,834.74
Other current liabilities 1,803.65 1,210.71
Short-term provisions 363.93 324.18
Total current liabilities 8,323.23 6,528.78
Total equity and liabilities 22,018.76 28,627.03
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 1,518.94 1,206.53
Intangible assets 10,456.89 8,427.87
Tangible assets capital work-in-progress 7.2 52.77
Total fixed assets 11,983.03 9,687.17
Non-current investments 0 0
Deferred tax assets (net) 0.29 0
Long-term loans and advances 573.44 593.77
Other non-current assets 1,256.47 343.81
Total non-current assets 13,813.23 10,624.75
Current assets [Abstract]
Current investments 1,294.41 8,957.22
Inventories 1,824.73 1,843.4
Trade receivables 2,133.47 4,020.62
Cash and bank balances 365.25 1,242.44
Short-term loans and advances 2,181.23 1,795.8
Other current assets 406.44 142.8
Total current assets 8,205.53 18,002.28
Total assets 22,018.76 28,627.03
WINGREENS FARMS PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2022 to 31/03/2023 (generated by PrivateCircle)
Footnotes
(A)
- total outstanding dues of micro enterprises and small enterprises : 1390.92 - total outstanding dues of creditors other than micro enterprises
and small enterprises : 3628.61
(B)
- total outstanding dues of micro enterprises and small enterprises : 762.68 - total outstanding dues of creditors other than micro enterprises and
small enterprises : 2072.06
2
[100200] Statement of profit and loss

Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company [Abstract]
Revenue from sale of products (A) 30,578.99 (B) 20,559.33
Revenue from sale of services 0 0
Other operating revenues 142.04 0
Total revenue from operations other than finance company 30,721.03 20,559.33
Total revenue from operations 30,721.03 20,559.33
Other income 401.83 503.06
Total revenue 31,122.86 21,062.39
Expenses [Abstract]
Cost of materials consumed 12,485.42 6,697.56
Purchases of stock-in-trade 2,081.71 1,879.06
Changes in inventories of finished goods, work-in-progress and stock-in-trade -145.35 -329.14
Employee benefit expense 7,144.8 4,833.42
Finance costs 1,252.19 899.14
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 455.77 337.5
Total depreciation, depletion and amortisation expense 455.77 337.5
CSR expenditure 0 0
Other expenses 25,874.38 14,082.53
Total expenses 49,148.92 28,400.07
Total profit before prior period items, exceptional items, extraordinary items and tax -18,026.06 -7,337.68
Exceptional items before tax 0 -1,991.89
Total profit before extraordinary items and tax -18,026.06 -9,329.57
Total profit before tax -18,026.06 -9,329.57
Tax expense [Abstract]
Deferred tax (C) -7.8 (D) 43.69
Total tax expense -7.8 43.69
Total profit (loss) for period from continuing operations -18,018.26 -9,373.26
Total profit (loss) for period before minority interest -18,018.26 -9,373.26
Profit (loss) of minority interest 24.86 82.53
Total profit (loss) for period -17,993.4 -9,290.73
Earnings per equity share [Abstract]
[INR/shares] [INR/shares]
Basic earning per equity share -264.1 -111.68
[INR/shares] [INR/shares]
Diluted earnings per equity share -264.1 -111.68
Footnotes
(A) Traded Goods : 6520.53 Finished goods : 24058.46
(B) Traded Goods : 514.43 Finished goods : 20044.9
(C) Deferred tax (credit)/ charge : -2.02 Prior Period Tax : -5.78
(D) Deferred tax (credit)/ charge : 43.69 Prior Period Tax : 0
3
[100300] Cash flow statement, direct

Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Net cash flows from (used in) operations -11,961.96 -9,125.36
Income taxes paid (refund) 90.05 0
Net cash flows from (used in) operating activities before extraordinary items -12,052.01 -9,125.36
Net cash flows from (used in) operating activities -12,052.01 -9,125.36
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 26.05 428.52
Purchase of tangible assets 688.37 300.13
Interest received 80.8 59.29
Other inflows (outflows) of cash 7,741.78 -3,543.41
Net cash flows from (used in) investing activities before extraordinary items 7,160.26 -3,355.73
Net cash flows from (used in) investing activities 7,160.26 -3,355.73
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares (A) 221.29 (B) 335.96
Proceeds from borrowings (C) 5,000 (D) 879.75
Repayments of borrowings (E) 1,103.59 (F) -50.52
Interest paid 1,124.7 852.1
Other inflows (outflows) of cash (G) 1,828.85 (H) 12,086.06
Net cash flows from (used in) financing activities before extraordinary items 4,821.85 12,500.19
Net cash flows from (used in) financing activities 4,821.85 12,500.19
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -69.9 19.1
Net increase (decrease) in cash and cash equivalents -69.9 19.1
Cash and cash equivalents cash flow statement at end of period 45.96 (I) 115.86
Footnotes
(A) Net proceeds from issue of equity shares : 0 Net proceeds from issue of preference shares : 221.29
(B) Net proceeds from issue of equity shares : 3.5 Net proceeds from issue of preference shares : 332.46
(C) Proceeds from long - term borrowings : 5000 Proceeds from short - term borrowings : 0
(D) Proceeds from long - term borrowings : 932.75 Proceeds from short - term borrowings : -53
(E) Repayments of long - term borrowings : -40.57 Repayments of short - term borrowings : -1063.02
(F) Repayments of long - term borrowings : 51.47 Repayments of short - term borrowings : -0.95
(G) Securities premium received : 1828.71 Lender CCPS amount received : 0.14
(H) Securities premium received : 12085.99 Lender CCPS amount received : 0.07
(I) Cash and cash equivalents as at the beginning of the year : 115.86 Cash balance acquired as part of acquisition of subsidiaries : 0.05
4
[100400] Cash flow statement, indirect

Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax -18,026.06 -9,329.57
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 1,110.64 854.77
Adjustments for depreciation and amortisation expense (A) 455.77 (B) 337.5
Other adjustments for non-cash items (C) 3,331.31 (D) 1,148.59
Total adjustments to profit (loss) 4,897.72 2,340.86
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories -654.58 -451.46
Adjustments for decrease (increase) in trade receivables -70.16 -864.46
Adjustments for decrease (increase) in other current assets (E) -690.21 (F) -771.69
Adjustments for increase (decrease) in trade payables 2,109.76 657.1
Adjustments for increase (decrease) in other current liabilities 531.31 -763.45
Adjustments for provisions -59.74 57.31
Total adjustments for working capital 1,166.38 -2,136.65
Total adjustments for reconcile profit (loss) 6,064.1 204.21
Net cash flows from (used in) operations -11,961.96 -9,125.36
Income taxes paid (refund) 90.05 0
Net cash flows from (used in) operating activities before extraordinary items -12,052.01 -9,125.36
Net cash flows from (used in) operating activities -12,052.01 -9,125.36
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 26.05 428.52
Purchase of tangible assets 688.37 300.13
Interest received 80.8 59.29
Other inflows (outflows) of cash 7,741.78 -3,543.41
Net cash flows from (used in) investing activities before extraordinary items 7,160.26 -3,355.73
Net cash flows from (used in) investing activities 7,160.26 -3,355.73
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares (G) 221.29 (H) 335.96
Proceeds from borrowings (I) 5,000 (J) 879.75
Repayments of borrowings (K) 1,103.59 (L) -50.52
Interest paid 1,124.7 852.1
Other inflows (outflows) of cash (M) 1,828.85 (N) 12,086.06
Net cash flows from (used in) financing activities before extraordinary items 4,821.85 12,500.19
Net cash flows from (used in) financing activities 4,821.85 12,500.19
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -69.9 19.1
Net increase (decrease) in cash and cash equivalents -69.9 19.1
Cash and cash equivalents cash flow statement at end of period 45.96 (O) 115.86
Footnotes
(A) Depreciation expense : 386.64 Amortisation expense : 69.13
(B) Depreciation expense : 204.41 Amortisation expense : 133.09
(C)
Rent equalization reserve : 21.75 Provision for gratuity : 10.23 Provision for compensated absences : 93.96 Deferred tax assets written off : 0
Interest on delayed payment of statutory dues : 11.4 Interest on delayed payment to MSME : 130.15 Provision for doubtful debts : 1695.82
Provision for obsolete inventories : 77.56 Inventory written off : 595.69 Advances written off : 4.94 Bad debts : 261.5 Employee stock option
scheme : 808.43 Liabilities no longer required written back : -55.14 Property, plant and equipment written off : 6 Profit on sale of short- term
investments : -258.97 Gain on sale of Property, plant and equipment : -15.45 Interest income : -56.56
(D)
Rent equalization reserve : 13.58 Provision for gratuity : 137.3 Provision for compensated absences : 130.21 Deferred tax assets written off :
12.31 Interest on delayed payment of statutory dues : 8.74 Interest on delayed payment to MSME : 35.36 Provision for doubtful debts : 603.21
Provision for obsolete inventories : 25.42 Inventory written off : 73.4 Advances written off : 0 Bad debts : 55.4 Employee stock option scheme :
448.42 Liabilities no longer required written back : -108.59 Property, plant and equipment written off : 17.94 Profit on sale of short- term
investments : -244.82 Gain on sale of Property, plant and equipment : 0 Interest income : -59.29
(E)
5
(Increase) / Decrease in advances : -296.99 (Increase) / Decrease in other current assests : -287.89 (Increase) / Decrease in other non current
assets : -912.67 (Increase) / Decrease in other bank balances : 807.34 calculation difference : 0
(F)
(Increase) / Decrease in advances : -611.39 (Increase) / Decrease in other current assests : -14 (Increase) / Decrease in other non current
assets : 483.3 (Increase) / Decrease in other bank balances : -629.59 calculation difference : -0.01
(G) Net proceeds from issue of equity shares : 0 Net proceeds from issue of preference shares : 221.29
(H) Net proceeds from issue of equity shares : 3.5 Net proceeds from issue of preference shares : 332.46
(I) Proceeds from long - term borrowings : 5000 Proceeds from short - term borrowings : 0
(J) Proceeds from long - term borrowings : 932.75 Proceeds from short - term borrowings : -53
(K) Repayments of long - term borrowings : -40.57 Repayments of short - term borrowings : -1063.02
(L) Repayments of long - term borrowings : 51.47 Repayments of short - term borrowings : -0.95
(M) Securities premium received : 1828.71 Lender CCPS amount received : 0.14
(N) Securities premium received : 12085.99 Lender CCPS amount received : 0.07
(O) Cash and cash equivalents as at the beginning of the year : 115.86 Cash balance acquired as part of acquisition of subsidiaries : 0.05
6
[200100] Notes - Share capital

Disclosure of reduction in capital [Abstract]
Whether reduction in capital done during year No No
Disclosure of public offering [Abstract]
Whether money raised from public offering during year No No
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [Line Items]
[shares] [shares]
Number of shares authorised 18,227,869 17,615,481 [shares] 7,715,033 [shares] 7,391,073
Value of shares authorised 8,408.21542 8,087.39142 771.5033 739.1073
[shares] [shares]
Number of shares issued 17,279,245 16,832,209 [shares] 6,833,999 [shares] 6,685,870
Value of shares issued 8,252.52202 7,938.80212 683.3999 668.587
[shares] [shares]
Number of shares subscribed and fully paid 17,132,921 16,714,786 [shares] 6,833,999 [shares] 6,685,870
Value of shares subscribed and fully paid 8,106.19802 7,821.37912 683.3999 668.587
Number of shares subscribed but not fully paid [shares] 146,324 [shares] 117,423 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0.73162 0.587115 0 0
[shares] [shares]
Total number of shares subscribed 17,279,245 16,832,209 [shares] 6,833,999 [shares] 6,685,870
Total value of shares subscribed 8,106.92964 7,821.966235 683.3999 668.587
Value of shares paid-up [Abstract]
[shares] [shares]
Number of shares paid-up 17,132,921 16,714,786 [shares] 6,833,999 [shares] 6,685,870
Value of shares called 8,106.92964 7,821.966235 683.3999 668.587
Value of shares paid-up 8,106.92964 7,821.966235 683.3999 668.587
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of other issues of shares [shares] 447,036 [shares] 1,884,910 [shares] 148,129 [shares] 163,067
Total aggregate number of shares issued during period [shares] 447,036 [shares] 1,884,910 [shares] 148,129 [shares] 163,067
Total increase (decrease) in number of shares outstanding [shares] 447,036 [shares] 1,884,910 [shares] 148,129 [shares] 163,067
[shares] [shares]
Number of shares outstanding at end of period 17,279,245 16,832,209 [shares] 6,833,999 [shares] 6,685,870
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of other issues during period 284.963405 394.00029 14.8129 16.3067
Total aggregate amount of increase in share capital
during period 284.963405 394.00029 14.8129 16.3067
Total increase (decrease) in share capital 284.963405 394.00029 14.8129 16.3067
Share capital at end of period 8,106.92964 7,821.966235 683.3999 668.587
Rights preferences and restrictions attaching to class of share Refer to child Refer to child Refer to child Refer to child
capital member member member member
Details of application money received for allotment of
securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and
due for refund and interest accrued thereon [Abstract]
Application money received for allotment of securities
and due for refund, principal 0 0 0 0
and due for refund, interest accrued 0 0 0 0
Total application money received for allotment of
securities and due for refund and interest accrued thereon 0 0 0 0
7
Classes of share capital [Axis] Equity shares 1 [Member] Preference shares [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Refer to child Refer to child
Type of share member member
[shares] [shares]
Number of shares authorised [shares] 7,715,033 [shares] 7,391,073 10,512,836 10,224,408
Value of shares authorised 771.5033 739.1073 7,636.71212 7,348.28412
[shares] [shares]
Number of shares issued [shares] 6,833,999 [shares] 6,685,870 10,445,246 10,146,339
Value of shares issued 683.3999 668.587 7,569.12212 7,270.21512
[shares] [shares]
Number of shares subscribed and fully paid [shares] 6,833,999 [shares] 6,685,870 10,298,922 10,028,916
Value of shares subscribed and fully paid 683.3999 668.587 7,422.79812 7,152.79212
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 146,324 [shares] 117,423
Value of shares subscribed but not fully paid 0 0 0.73162 0.587115
[shares] [shares]
Total number of shares subscribed [shares] 6,833,999 [shares] 6,685,870 10,445,246 10,146,339
Total value of shares subscribed 683.3999 668.587 7,423.52974 7,153.379235
[shares] [shares]
Number of shares paid-up [shares] 6,833,999 [shares] 6,685,870 10,298,922 10,028,916
Value of shares called 683.3999 668.587 7,423.52974 7,153.379235
Value of shares paid-up 683.3999 668.587 7,423.52974 7,153.379235
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Number of other issues of shares [shares] 148,129 [shares] 163,067 [shares] 298,907 [shares] 1,721,843
Total aggregate number of shares issued during period [shares] 148,129 [shares] 163,067 [shares] 298,907 [shares] 1,721,843
Total increase (decrease) in number of shares outstanding [shares] 148,129 [shares] 163,067 [shares] 298,907 [shares] 1,721,843
[shares] [shares]
Number of shares outstanding at end of period [shares] 6,833,999 [shares] 6,685,870 10,445,246 10,146,339
Amount of other issues during period 14.8129 16.3067 270.150505 377.69359
during period 14.8129 16.3067 270.150505 377.69359
Total increase (decrease) in share capital 14.8129 16.3067 270.150505 377.69359
Share capital at end of period 683.3999 668.587 7,423.52974 7,153.379235
Rights preferences and restrictions attaching to class of share Refer to child Refer to child
capital NA NA member member
[Abstract]

Classes of share capital [Axis] Preference shares 1 [Member] Preference shares 2 [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Refer to child Refer to child Refer to child Refer to child
Type of share member member member member
(A) [shares] (B) [shares]
Number of shares authorised 6,940,294 [shares] 6,651,866 3,477,330 [shares] 3,477,330
Value of shares authorised 6,940.294 6,651.866 695.466 695.466
Number of shares issued [shares] 6,872,704 [shares] 6,573,797 [shares] 3,477,330 [shares] 3,477,330
8
Value of shares issued 6,872.704 6,573.797 695.466 695.466

(C) [shares]
Number of shares subscribed and fully paid 6,726,380 [shares] 6,456,374 [shares] 3,477,330 [shares] 3,477,330
Value of shares subscribed and fully paid 6,726.38 6,456.374 695.466 695.466
(D) [shares]
Number of shares subscribed but not fully paid 146,324 [shares] 117,423 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0.73162 0.587115 0 0
Total number of shares subscribed [shares] 6,872,704 [shares] 6,573,797 [shares] 3,477,330 [shares] 3,477,330
Total value of shares subscribed 6,727.11162 6,456.961115 695.466 695.466
Number of shares paid-up [shares] 6,726,380 [shares] 6,456,374 [shares] 3,477,330 [shares] 3,477,330
Value of shares called 6,727.11162 6,456.961115 695.466 695.466
Value of shares paid-up 6,727.11162 6,456.961115 695.466 695.466
Par value per share [INR/shares] 100 [INR/shares] 100 [INR/shares] 20 [INR/shares] 20
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0 [INR/shares] 0 [INR/shares] 0
Number of other issues of shares [shares] 298,907 [shares] 59,912 [shares] 0 [shares] 1,661,931
Total aggregate number of shares issued during period [shares] 298,907 [shares] 59,912 [shares] 0 [shares] 1,661,931
Total increase (decrease) in number of shares outstanding [shares] 298,907 [shares] 59,912 [shares] 0 [shares] 1,661,931
Number of shares outstanding at end of period [shares] 6,872,704 [shares] 6,573,797 [shares] 3,477,330 [shares] 3,477,330
Amount of other issues during period 270.150505 45.30739 0 332.3862
during period 270.150505 45.30739 0 332.3862
Total increase (decrease) in share capital 270.150505 45.30739 0 332.3862
Share capital at end of period 6,727.11162 6,456.961115 695.466 695.466
Rights preferences and restrictions attaching to class of share
capital NA NA NA NA
[Abstract]
Footnotes
(A)
67,26,380 (March 31, 2022 65,05,088) 0.001% Complusory Convertible Cumulative Preference Shares of Rs. 100 each 67,26,380 2,13,914
(March 31, 2022 1,46,778) Lenders Complusory Convertible Cumulative Preference Shares of Rs. 100 each 2,13,914
(B) 34,77,330 (March 31, 2022: 34,77,330 ) 0.001% Complusory Convertible Cumulative Preference Shares of Rs. 20 each
(C)
201,711 (March 31, 2022: 201,711) 0.001% Series A Complusory Convertible Cumulative Preference Shares of Rs. 100 each 2,01,711
1,992,329 (March 31, 2022: 1,992,329) 0.001% Series A2 Complusory Convertible Cumulative Preference Shares of Rs. 100 each 19,92,329
4,76,003 (March 31, 2022: 4,76,003) 0.001% Series A3 Complusory Convertible Cumulative Preference Shares of Rs. 100 each 4,76,003
27,15,306 (March 31, 2022: 27,15,306) 0.001% Series B Complusory Convertible Cumulative Preference Shares of Rs. 100 each 27,15,306
10,25,791 (March 31, 2022: 1025791) 0.001% Series B1 Complusory Convertible Cumulative Preference Shares of Rs. 100 each 10,25,791
93,948 (March 31, 2022: 45,234) 0.001% Series B3 Complusory Convertible Cumulative Preference Shares of Rs. 100 each 93,948 2,21,292
(March 31, 2022: Nil) Pre Series C Complusory Convertible Cumulative Preference Shares of Rs. 100 each 2,21,292
(D)
1,17,423 (March 31, 2022: 1,17,423) 0.001% Series B1 Lender Complusory Convertible Cumulative Preference Shares of Rs. 100 each (Partly
paid Rs. 0.50/- per share) 1,17,423 Issued, Partly subscribed and Partly paid up 28,901 (March 31, 2022: Nil) 0.001% Series B3 Lender
Complusory Convertible Cumulative Preference Shares of Rs. 100 each (Isuue 28901 and Partly paid Rs. 0.50/- per share) 28,901
9
Classes of share capital [Axis] Preference shares 3 [Member]

Type of share member member
(A) [shares]
Number of shares authorised 95,212 [shares] 95,212
Value of shares authorised 0.95212 0.95212
Number of shares issued [shares] 95,212 [shares] 95,212
Value of shares issued 0.95212 0.95212
Number of shares subscribed and fully paid [shares] 95,212 [shares] 95,212
Value of shares subscribed and fully paid 0.95212 0.95212
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 95,212 [shares] 95,212
Total value of shares subscribed 0.95212 0.95212
Number of shares paid-up [shares] 95,212 [shares] 95,212
Value of shares called 0.95212 0.95212
Value of shares paid-up 0.95212 0.95212
Par value per share [INR/shares] 1 [INR/shares] 1
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Number of other issues of shares [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 95,212 [shares] 95,212
Amount of other issues during period 0 0
Total aggregate amount of increase in share capital during period 0 0
Total increase (decrease) in share capital 0 0
Share capital at end of period 0.95212 0.95212
Rights preferences and restrictions attaching to class of share capital NA NA
Details of application money received for allotment of securities and due for refund and interest accrued
thereon [Abstract]
Application money received for allotment of securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and due for refund, principal 0 0
Application money received for allotment of securities and due for refund, interest accrued 0 0
Total application money received for allotment of securities and due for refund and interest accrued
thereon 0 0
Footnotes
(A) 95,212 (March 31, 2022: 95,212) 0.001% Lenders Complusory Convertible Cumulative Preference Shares of Rs. 1 each
Disclosure of shareholding more than five per cent in company [Table] ..(1)

Classes of share capital [Axis] Share capital [Member]
Name of shareholder [Axis] Name of shareholder [Member]
Disclosure of shareholding more than five per cent in company [Abstract]
Whether there are any shareholders holding more than five per cent shares in company Yes Yes
10
Classes of share capital [Axis] Equity shares 1 [Member]

Name of shareholder [Axis] Name of shareholder [Member] Shareholder 1 [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of shareholding more than five per cent in company
[Abstract]
[Line Items]
Type of share member member EQUITY SHARE EQUITY SHARE
Anju Chaudhri Anju Chaudhri
Name of shareholder Srivastava Srivastava
PAN of shareholder AMLPS0037L AMLPS0037L
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 4,443,025 [shares] 4,576,404
Percentage of shareholding in company 65.01% 68.45%

Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 2 [Member] Shareholder 3 [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
[Abstract]
[Line Items]
Type of share EQUITY SHARE EQUITY SHARE EQUITY SHARE EQUITY SHARE
Atma Ram Atma Ram
Builders Private Builders Private
Name of shareholder Arjun Srivastava Arjun Srivastava Limited Limited
U74899DL1982P U74899DL1982P
CIN of shareholder TC013266 TC013266
PAN of shareholder ABAPS1136J ABAPS1136J
Country of incorporation or residence of shareholder INDIA INDIA INDIA INDIA
Number of shares held in company [shares] 1,131,513 [shares] 1,224,000 [shares] 497,282 [shares] 497,282
Percentage of shareholding in company 16.56% 18.31% 7.28% 7.44%

Period FY 2023 FY 2022 FY 2023 FY 2022
[Abstract]
[Line Items]
Complusory Complusory
Convertible Convertible
Refer to child Refer to child Cumulative Cumulative
Type of share member member Preference Shares Preference Shares
Sequoia Capital Sequoia Capital
India Investment India Investment
Name of shareholder IV IV
Country of incorporation or residence of shareholder MAURITIUS MAURITIUS
11

Shareholder 3 Shareholder 4
Name of shareholder [Axis] Shareholder 2 [Member] [Member] [Member]
Period FY 2023 FY 2022 FY 2023
[Abstract]
[Line Items]
0.001% Pre Series 0.001% Pre Series
0.001% Series B 0.001% Series B C Complusory C Complusory
Complusory Complusory Convertible Convertible
Convertible Convertible Cumulative Cumulative
Cumulative Cumulative Preference Shares Preference Shares
Type of share Preference Shares Preference Shares of Rs. 100 each of Rs. 100 each
ResponsAbility ResponsAbility Investcorp Private
Name of shareholder Agriculture I, SLP Agriculture I, SLP Equity Fund II ON Mauritius
PAN of shareholder AABTI3189B
Country of incorporation or residence of shareholder MAURITIUS MAURITIUS INDIA MAURITIUS

Period FY 2023 FY 2022 FY 2023 FY 2022
[Abstract]
[Line Items]
Bonus Bonus
Refer to child Refer to child Cumulative Cumulative
Type of share member member preference shares preference shares
Sequoia Capital Sequoia Capital
India Investment India Investment
Name of shareholder IV IV
Country of incorporation or residence of shareholder MAURITIUS MAURITIUS

Name of shareholder [Axis] Shareholder 2 [Member] Shareholder 3 [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
[Abstract]
[Line Items]
0.001% Series B2 0.001% Series B2 0.001% Series B2 0.001% Series B2
Complusory Complusory Complusory Complusory
Convertible Convertible Convertible Convertible
Cumulative Cumulative Cumulative Cumulative
Preference Shares Preference Shares Preference Shares Preference Shares
Type of share of Rs. 20 each of Rs. 20 each of Rs. 20 each of Rs. 20 each
Investcorp Private Investcorp Private
Name of shareholder Equity Fund II Equity Fund II ON Mauritius ON Mauritius
PAN of shareholder AABTI3189B AABTI3189B
Country of incorporation or residence of shareholder INDIA INDIA MAURITIUS MAURITIUS
12

Period FY 2023 FY 2022 FY 2023 FY 2022
[Abstract]
[Line Items]
0.001% Lenders 0.001% Lenders
Cumulative Cumulative
Refer to child Refer to child Preference Shares Preference Shares
Type of share member member of Rs 1 each of Rs 1 each
Grand Anicut Grand Anicut
Name of shareholder Trust-1 Trust-1
PAN of shareholder AACTG4242L AACTG4242L
Number of shares held in company [shares] 54,407 [shares] 54,407

Name of shareholder [Axis] Shareholder 2 [Member]
Disclosure of shareholding more than five per cent in company [Abstract]
Disclosure of shareholding more than five per cent in company [Line Items]
0.001% Lenders 0.001% Lenders
Cumulative Cumulative
Preference Shares Preference Shares
Type of share of Rs 1 each of Rs 1 each
Grand Anicut Grand Anicut
Name of shareholder Trust- 2 Trust- 2
PAN of shareholder AADTG2350C AADTG2350C
Number of shares held in company [shares] 40,805 [shares] 40,805
13
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Components of reserves [Axis] Reserves [Member] Securities premium account [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Statement of changes in reserves [Abstract]
Statement of changes in reserves [Line Items]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period -17,993.4 -9,290.73 0 0
Other additions to reserves 4,416.56 13,781.07 3,548.59 13,392.19
Total additions to reserves -13,576.84 4,490.34 3,548.59 13,392.19
Deductions to reserves [Abstract]
Other deductions to reserves 0.01 44.69
Total deductions to reserves 0.01 44.69
Total changes in reserves -13,576.85 4,445.65 3,548.59 13,392.19
Reserves at end of period -3,955.38 9,621.47 34,032.54 30,483.95
Statement of changes in reserves [Table] ..(2)

Employee stock options outstanding
Components of reserves [Axis] [Member] Surplus [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Statement of changes in reserves [Abstract]
Statement of changes in reserves [Line Items]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 0 0 -17,993.4 -9,290.73
Other additions to reserves 808.43 448.42 59.54 -59.54
Total additions to reserves 808.43 448.42 -17,933.86 -9,350.27
Deductions to reserves [Abstract]
Other deductions to reserves (A) 0.01 44.69 0
Total deductions to reserves 0.01 44.69 0
Total changes in reserves 808.42 403.73 -17,933.86 -9,350.27
Reserves at end of period 1,288.94 480.52 -39,276.86 -21,343
Footnotes
(A) calculation difference
14
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Borrowings [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Unsecured borrowings [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Details of borrowings [Abstract]
Details of borrowings [Line Items]
Borrowings 9,000 4,000 213 293.57
Nature of security [Abstract]
Nature of security member member

Classification of borrowings [Axis] Bonds/debentures [Member] Debentures [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Borrowings 9,000 4,000 9,000 4,000
Nature of security member member member member

Non-convertible debentures others Loans and advances from related parties
Classification of borrowings [Axis] [Member] [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Borrowings 9,000 4,000 213 293.57
Textual Textual
Nature of security Information (1) Information (2)

Classification of borrowings [Axis] Loans and advances from others [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]
Borrowings 213 293.57

Classification based on time period [Axis] Short-term [Member]
Classification of borrowings [Axis] Borrowings [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Borrowings 1,096.12 2,159.15 40 0
Nature of security member member
Details on loans guaranteed [Abstract]
15
Aggregate amount of loans guaranteed by directors 0

Classification of borrowings [Axis] Working capital loans from banks [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Borrowings 1,096.12 2,159.15 (A) 40 0
Textual Textual
Nature of security Information (3) Information (4)
Details on loans guaranteed [Abstract]
Aggregate amount of loans guaranteed by directors 0
Footnotes
(A) Current maturities of long term borrrowings
Details of bonds or debentures [Table]

Details of bonds or debentures [Axis] 1
Details of bonds or debentures [Abstract]
Details of bonds or debentures [Line Items]
Whether bonds or debentures Debenture Debenture
Nature of bond or debenture Non-convertible Non-convertible
Holder of bond or debenture Others Others
Rate of interest 16.5% 16.5%
These debentures
are redeemable on
March 02, 2024.
Lock In period
amounts to 12
months
Textual commencing from
Particulars of redemption or conversion Information (5) March 03, 2021
Nominal value per bond or debenture [pure] 1,000,000 [pure] 1,000,000
Number of bonds or debentures [pure] 900 [pure] 400
Amount of bonds or debentures issued during period 900,000,000 400,000,000
Number of allottees to whom bonds or debentures were issued [pure] 1 [pure] 1
Nominal amount of bonds or debentures held by nominee or trustee of company [pure] 0
Book value of bonds or debentures held by nominee or trustee of company [pure] 0
Textual information (1): Nature of security
(a) The Company has issued following secured redeemable non-convertible debentures: i) 300 debentures allotted on March 03, 2021
aggregating to Rs. 3,000 lakhs, which carry interest at the rate of 16.50% per annum payable monthly. These debentures are redeemable on
March 01, 2025. Lock In period amounts to 12 months commencing from March 03, 2021. ii) 100 debentures allotted on April 03, 2021
March 01, 2025. Lock In period amounts to 12 months commencing from April 03, 2021 iii) 200 debentures allotted on September 09, 2022
March 01, 2025. Lock In period amounts to 12 months commencing from September 09, 2022 These debentures are secured against
hypothecated property in form of movable asset, receivables, stock, cash and bank balances, book debts, Equity shares issued on acquisition of
Raw Pressary Private Limited and few equity shares of Directors of the company." "(b) Raw Pressery Private Limited (subsidiary of the Holding
Company) has issued the following unrated unlisted secured redeemable non-convertible debentures: 150 debentures, 50 debentures, 50
debentures and 50 debentures allotted on January 16, 2023, February 16, 2023, March 3, 2023 and March 23, 2023 respectively aggregating to
Rs. 3,000 lakhs, which carry upfornt coupon of 2%, interest rate of 17% p.a. payable in advance on monthly rests and redeemable at a premium
of 3.5% p.a. Tenure of these debentures is 36 months. These debentures are redeemable in 18 equal installments on reducing balance method.
The repayment will start at the expiry of 18 months from the date of allotment. These debentures are secured by way of first charge on
pari-passu basis on the movable property (including Property, plant and equipment, intangible assets and current assets) of the subsidiary
company and of the Holding Company. These debentures are further secured by way of first charge on pari-passu basis on the shares held by
the directors of the Company in the Holding Company and the shares held by the Holding Company in the Company itself. These debentures are
further secured by way of personal guarantee of both the directors of the Company and corporate guarantee issued by the Holding Company."
16
The company has issued following secured redeemable non-convertible debentures: i) 300 debentures allotted on March 03, 2021 aggregating
to Rs. 300,000,000 ,which carry interest at the rate of 16.50% per annum payable monthly. These debentures are redeemable on March 02,
2024. Lock In period amounts to 12 months commencing from March 03, 2021. ii) 100 debentures allotted on April 03, 2021 aggregating to Rs.
100,000,000 , which carry interest at the rate of 16.50% per annum payable monthly. These debentures are redeemable on March 02, 2024.
Lock In period amounts to 12 months commencing from April 03, 2021 These debentures are secured against hypothecated property in form of
movable asset, receivables, stock, cash and bank balances, book debts, Equity shares issued on acquisition of Raw Pressary Private Limited
and few equity shares of Directors.
Sanctioned limit of Rs. Nil (As at March 31, 2022 : Rs 285 lakhs) from Yes Bank carry interest at the rate of fixed deposit rate plus 0.25% per
annum computed on monthly basis on the actual amount utilized, and are repayable on demand. These were secured by 110% of the fixed
deposit in favour of Yes Bank Limited. Sanctioned Limit of Rs. Nil (As at March 31, 2022 : Rs 1,500 lakhs) from Kotak Mahindra Bank carry
interest at the rate of Repo rate plus 6.5% per annum computed on monthly basis on the actual amount utilized, and are repayable on demand.
These were secured by 40% of the fixed deposit in favour of Kotak Mahindra Bank. Sanctioned Limit of Rs. Nil (As at March 31, 2022 : Rs 1,000
lakhs) from Kotak Mahindra Bank carry interest at the rate of Repo rate plus 6.5% per annum computed on monthly basis on the actual amount
utilized, and are repayable in 90 Days. These were secured by 40% of the fixed deposit in favour of Kotak Mahindra Bank."
Sanctioned limit of Rs. 2.85 crore from Yes Bank carry interest at the rate of fixed deposit rate plus 0.25% per annum (currently 7.25%)
computed on monthly basis on the actual amount utilized, and are repayable on demand. These are secured by 110% of the fixed deposit in
favour of Yes Bank.
Textual information (5): Particulars of redemption or conversion
"(a) The Company has issued following secured redeemable non-convertible debentures: i) 300 debentures allotted on March 03, 2021
March 01, 2025. Lock In period amounts to 12 months commencing from March 03, 2021. ii) 100 debentures allotted on April 03, 2021
March 01, 2025. Lock In period amounts to 12 months commencing from April 03, 2021 iii) 200 debentures allotted on September 09, 2022
March 01, 2025. Lock In period amounts to 12 months commencing from September 09, 2022 These debentures are secured against
hypothecated property in form of movable asset, receivables, stock, cash and bank balances, book debts, Equity shares issued on acquisition of
Raw Pressary Private Limited and few equity shares of Directors of the company." "(b) Raw Pressery Private Limited (subsidiary of the Holding
Company) has issued the following unrated unlisted secured redeemable non-convertible debentures: 150 debentures, 50 debentures, 50
debentures and 50 debentures allotted on January 16, 2023, February 16, 2023, March 3, 2023 and March 23, 2023 respectively aggregating to
Rs. 3,000 lakhs, which carry upfornt coupon of 2%, interest rate of 17% p.a. payable in advance on monthly rests and redeemable at a premium
of 3.5% p.a. Tenure of these debentures is 36 months. These debentures are redeemable in 18 equal installments on reducing balance method.
The repayment will start at the expiry of 18 months from the date of allotment. These debentures are secured by way of first charge on
pari-passu basis on the movable property (including Property, plant and equipment, intangible assets and current assets) of the subsidiary
company and of the Holding Company. These debentures are further secured by way of first charge on pari-passu basis on the shares held by
the directors of the Company in the Holding Company and the shares held by the Holding Company in the Company itself. These debentures are
further secured by way of personal guarantee of both the directors of the Company and corporate guarantee issued by the Holding Company."
17
[200500] Notes - Current investments

Textual
Disclosure of notes on current investments explanatory [Text Block] Information (6)
Current investments [Abstract]
Aggregate amount of quoted current investments 1,294.41 8,957.22
Market value of quoted current investments 9,078.68 5,589.9
Aggregate amount of unquoted current investments 0 0
Aggregate provision for diminution in value of current investments 0 0
Details of current investments [Table] ..(1)

Classification of current investments [Axis] 1 2
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 33.34 0.87 0.87 1,400
Basis of valuation of current investments Market Value Market Value Market Value Market Value
ABSL Overnight
Regular Growth DSP Mutual Fund DSP Mutual Fund ABSL Saving
Name of body corporate in whom investment has been made Fund - Growth - Growth Fund

Period FY 2023 FY 2022 FY 2023 FY 2022
Current Current Current Current
Current investments 150.79 810.04 500 1,300
UTI Money
Market Regular Kotak Liquid Kotak Money HDFC Liquid
Name of body corporate in whom investment has been made Growth Fund Fund Market Fund Fund

Period FY 2023 FY 2022 FY 2023 FY 2022
Current portion of
Current Current Current long-term
Current investments 500 1,502.84 109.41 500
Axis Liquid ICICI Prudential
Name of body corporate in whom investment has been made Growth Plan SBI Liquid Fund UTI Liquid Fund Saving Fund
18
Classification of current investments [Axis] 7 8 9

Period FY 2022
Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds
Current Current Current
Class of current investments investments investments investments
Current investments 143.47 1,300 2,000
Basis of valuation of current investments Market Value Market Value Market Value
Axis Ultra Short
Term
ICICI Prudential Fund-Regular
Name of body corporate in whom investment has been made Liquid Fund Growth Fund UTI Liquid Fund
Textual information (6): Disclosure of notes on current investments explanatory [Text Block]
Investments that are readily realisable and are intended to be held for not more than one
year from the date on which such investments are made, are classified as current investments. Current investments are carried at cost or fair
value, whichever is lower.
19
[200600] Notes - Subclassification and notes on liabilities and assets

Subclassification and notes on liabilities and assets [Abstract]
Other long-term liabilities notes [Abstract]
Other long-term liabilities [Abstract]
Trade payables, long-term 0 0
Others, long-term [Abstract]
Others long-term, others (A) 23.48 (B) 56.71
Total others, long-term 23.48 56.71
Total other long-term liabilities 23.48 56.71
Provisions notes [Abstract]
Textual
Disclosure of notes on provisions explanatory [Text Block] Information (7)
Other current liabilities notes [Abstract]
Other current liabilities [Abstract]
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and due for refund, principal 0 0
Application money received for allotment of securities and due for refund, interest accrued 0 0
Total application money received for allotment of securities and due for refund and interest accrued
thereon 0 0
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Other payables, current [Abstract]
Taxes payable sales tax 0 0.75
Taxes payable other tax 2.46 4.77
Public deposit payable, current 0 0
Total other payables, current 2.46 5.52
Advance received from customers 444.27 96.41
Contribution to provident fund scheme 35.06 29.33
Current liabilities portion of share application money pending allotment 0 0
Other current liabilities, others (C) 1,321.86 (D) 1,079.45
Total other current liabilities 1,803.65 1,210.71
Other non-current assets notes [Abstract]
Other non-current assets [Abstract]
Other non-current assets, others (E) 1,256.47 (F) 343.81
Total other non-current assets 1,256.47 343.81
Long term Long term
deposits with deposits with
Nature of other non-current assets, others banks banks
Inventories notes [Abstract]
Textual
Disclosure of notes on inventories explanatory [Text Block] Information (8)
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Aggregate amount of trade receivables outstanding for period exceeding six months 0 0
Cash and bank balances notes [Abstract]
Cash and bank balances [Abstract]
Classification of cash and bank balances [Abstract]
Cash and cash equivalents [Abstract]
Balance with banks [Abstract]
Fixed deposits with banks 0 0
Other balances with banks 45.64 104.82
Total balance with banks 45.64 104.82
Cash on hand 0.37 11.04
Total cash and cash equivalents 46.01 115.86
Other bank balances 319.24 1,126.58
Total cash and bank balances 365.25 1,242.44
Details of balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments [Abstract]
20
Total balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments 0 0
Bank deposits with more than twelve months maturity 0 0
Other current assets notes [Abstract]
Other current assets [Abstract]
Other current assets, others (G) 406.44 (H) 142.8
Total other current assets 406.44 142.8
Footnotes
(A) Rent equalization reserve : 8.81 Premium on redemption of debentures : 14.67
(B) Rent equalization reserve : 56.71 Premium on redemption of debentures : 0
(C)
GST payable : 212.69 Tax deducted at source : 149.83 Employee state insurance corporation : 1.05 Labour welfare fund payable : 0.52 Dues to
employees* : 816.72 Interest accrued but not due : 0 Capital creditors : 17.2 Payable to others : 46.03 Rent equalization reserve : 77.82
(D)
GST payable : 72.4 Tax deducted at source : 99.07 Employee state insurance corporation : 2.63 Labour welfare fund payable : 0.4 Dues to
employees* : 505.11 Interest accrued but not due : 2.67 Capital creditors : 7.89 Payable to others : 381.12 Rent equalization reserve : 8.16
(E) Long term deposits with banks with maturity of more than 12 months : 1006.74 -Unsecured considered good : 249.73
(F) Long term deposits with banks with maturity of more than 12 months : 142.93 -Unsecured considered good : 200.88
(G)
Interest accrued on deposits with banks : 13.92 Amount receivable from customer (other than trade receivable) : 22.05 Security deposit : 96.21
Media Rights : 274.26
(H)
Interest accrued on deposits with banks : 38.17 Amount receivable from customer (other than trade receivable) : 51.24 Security deposit : 53.39
Media Rights : 0
Disclosure of breakup of provisions [Table] ..(1)

Classification based on time period
Classification based on time period [Axis] [Member] Long-term [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line Items]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity 307.5 302.8
Total provisions for employee benefits 307.5 302.8
CSR expenditure provision 0 0
Total provisions 307.5 302.8
-Provision for
VAT -Provision
for Reversal of
input GST on sale
of Fixed Assets
-Provision for -Provision for
Sales Returns Sales Returns
Nature of other provisions
Disclosure of breakup of provisions [Table] ..(2)

Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line Items]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity 32.99 27.46
Provision other employee related liabilities (A) 320.43 (B) 226.47
Total provisions for employee benefits 353.42 253.93
CSR expenditure provision 0 0
21
Other provisions (C) 10.51 (D) 70.25

Total provisions 363.93 324.18
Footnotes
(A) -Provision for Compensated Absences*
(B) -Provision for Compensated Absences*
(C) -Provision for Sales Returns
(D)
-Provision for VAT 1.85 -Provision for Reversal of input GST on sale of Fixed Assets 28.93 -Provision for Sales Returns 39.47
Loans and advances [Table] ..(1)

Classification of loans and advances [Axis] Loans and advances [Member] Capital advances [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 573.44 593.77 59.98 82.77
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 573.44 593.77 59.98 82.77
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Total loans and advances due by directors, other officers or
others 0 0 0 0
Details of loans and advances due by firms or companies in
which any director is partner or director [Abstract]
Loans and advances due by firms in which any director is
partner 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0

Classification of loans and advances [Axis] Other loans and advances [Member] Other loans and advances, others [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Loans and advances, gross 513.46 511 513.46 511
Loans and advances 513.46 511 513.46 511
others 0 0 0 0
partner 0 0 0 0
22

Security deposits
Classification of loans and advances [Axis] Loans and advances [Member] [Member]
Loans and advances, gross 2,181.23 1,795.8 0
Allowance for bad and doubtful loans and advances 0 0 0
Loans and advances 2,181.23 1,795.8 0
Details of loans and advances due by directors, other officers or others [Abstract]
Loans and advances due by directors 0 0 0
Loans and advances due by other officers 0 0 0
Total loans and advances due by directors, other officers or others 0 0 0
Details of loans and advances due by firms or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in which any director is partner 0 0 0
Total loans and advances due by firms or companies in which any director is
partner or director 0 0 0

Loans and advances to related parties
Classification of loans and advances [Axis] [Member] Loans advances given directors [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Loans and advances, gross 0 2.68 0 2.68
Loans and advances 0 2.68 0 2.68
others 0 0 0 0
partner 0 0 0 0

Classification of loans and advances [Axis] Loans advances given suppliers [Member] Other loans and advances [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Loans and advances, gross 184.07 189.61 1,997.16 1,603.51
Loans and advances 184.07 189.61 1,997.16 1,603.51
others 0 0 0 0
partner 0 0 0 0
23

Classification of loans and advances [Axis] Prepaid expenses [Member] Other loans and advances, others [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Loans and advances, gross 101.49 23.42 (A) 1,895.67 (B) 1,580.09
Loans and advances 101.49 23.42 1,895.67 1,580.09
others 0 0 0 0
partner 0 0 0 0
Footnotes
(A)
TDS recoverable 172.32 Balances with government authorities 1,682.24 Prepaid Insurance for employees 22.20 Imprest accounts 18.91
(B)
TDS recoverable 76.49 Balances with government authorities1,450.97 Prepaid Insurance for employees 21.87 Imprest accounts 30.76
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Raw materials [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Classification of inventories [Abstract]
Details of inventories [Line Items]
Inventories 1,824.73 1,843.4 560.77 759.1
Inventories are Inventories are
valued at lower of valued at lower of
Refer to child Refer to child cost and net cost and net
Mode of valuation member member realisable value realisable value

Classification of inventories [Axis] Work-in-progress [Member] Finished goods [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Inventories 6.44 11.77 946.48 781.42
Inventories are Inventories are Inventories are Inventories are
valued at lower of valued at lower of valued at lower of valued at lower of
cost and net cost and net cost and net cost and net
Mode of valuation realisable value realisable value realisable value realisable value
24
Stores and spares

Classification of inventories [Axis] Stock-in-trade [Member] [Member]
Inventories 59.87 75.21 0
Inventories are Inventories are Inventories are
valued at lower of valued at lower of valued at lower of
cost and net cost and net cost and net
Mode of valuation realisable value realisable value realisable value

Classification of inventories [Axis] Other inventories [Member] Other inventories, others [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Inventories 251.17 215.9 251.17 215.9
Inventories are Inventories are
valued at lower of valued at lower of
Refer to child Refer to child cost and net cost and net
Mode of valuation member member realisable value realisable value
Refer to child Refer to child Pcaking material
Nature of other inventories member member Packing material & Consumables
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] [Member] Unsecured considered good [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [Line Items]
Breakup of trade receivables [Abstract]
Trade receivables, gross 4,054.96 6,393.43 2,133.47 4,020.62
Allowance for bad and doubtful debts 1,921.49 2,372.81 0 0
Total trade receivables 2,133.47 4,020.62 2,133.47 4,020.62
Details of trade receivables due by directors, other officers or
others [Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Total trade receivables due by directors, other officers or
others 0 0
Details of trade receivables due by firms or companies in
Total trade receivables due by firms or companies in which
any director is partner or director 0 0
Subclassification of trade receivables [Table] ..(2)

Classification of assets based on security [Axis] Doubtful [Member]
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [Line Items]
Breakup of trade receivables [Abstract]
Trade receivables, gross 1,921.49 2,372.81
Allowance for bad and doubtful debts 1,921.49 2,372.81
Total trade receivables 0 0
Details of trade receivables due by directors, other officers or others [Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Total trade receivables due by directors, other officers or others 0 0
Details of trade receivables due by firms or companies in which any director is partner or director
[Abstract]
Total trade receivables due by firms or companies in which any director is partner or director 0 0
Textual information (7): Disclosure of notes on provisions explanatory [Text Block]
25
Provisions are recognised when there is a present obligation 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 there is a reliable estimate of the amount of the obligation. Provisions are
measured at the best estimate of the expenditure required to settle the present obligation at the Balance sheet date and are not discounted to its
present value.
Textual information (8): Disclosure of notes on inventories explanatory [Text Block]
Inventories are valued at lower of cost and net realisable value. The basis for determination of cost of various categories of inventory is as
follows:
• Raw material and packaging material are valued first in first out basis (FIFO). Raw materials and packaging material held for use in production
of finished goods are not written down below cost except in cases where material prices have declined, and it is estimated that the cost of the
finished goods will exceed their net realisable value.
• The cost of finished goods and work in progress comprises raw materials, direct labour costs, other direct costs and related production
overheads.
• Traded goods, stores & spares and consumables are valued is determined on the weighted average basis. Cost of purchase include cost of
purchase and other costs incurred in bringing inventories to their present location and condition.
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.
26
[200700] Notes - Additional disclosures on balance sheet

Textual
Disclosure of additional balance sheet notes explanatory [Text Block] Information (9)
Additional balance sheet notes [Abstract]
Contingent liabilities and commitments [Abstract]
Total contingent liabilities and commitments 0 0
Details regarding dividends [Abstract]
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity shareholders [INR/shares] 0 [INR/shares] 0
Details of deposits [Abstract]
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Details of share application money received and paid [Abstract]
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Details regarding cost records and cost audit[Abstract]
Details regarding cost records [Abstract]
Whether maintenance of cost records by company has been mandated under Companies (Cost Records
and Audit) Rules, 2014 No No
Details regarding cost audit [Abstract]
Whether audit of cost records of company has been mandated under Rules specified in SN 1 No
Details of unclaimed liabilities [Abstract]
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Financial parameters balance sheet items [Abstract]
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0
Textual information (9): Disclosure of additional balance sheet notes explanatory [Text Block]
32 Details of imported and indigenous raw material and packaging material consumed during the financial year:
27
For the year For the year
ended ended
March 31, 2023 March 31, 2022
%age of total %age of total

consumption consumption
Raw material
Imported 1,284.42 11% 149.76 2%
Indigenous 10,417.35 89% 6,773.70 98%
11,701.77 100% 6,923.46 100%
Packaging Material
Imported 0.96 0% 68.21 4%
Indigenous 2,864.39 100% 1,584.96 96%
2,865.35 100% 1,653.17 100%
28
Employees Stock Option Scheme
During the year 2016-17, the Holding Company had established Wingreens Farms Employee Stock Option Scheme- 2016 and the same was
approved at the Extra Ordinary General Meeting of the Holding Company held on August 1, 2016. Employee Stock Options in the form of Equity
Shares linked to the completion of a minimum period of continued employment to the eligible employees of the Holding Company. In accordance
with the provisions of Section 62 of Companies Act 2013 read with rule 12 of the Companies (Share capital and debentures) Rules 2014 and
other applicable provisions if any of the Companies Act 2013. The Options so Granted will vest over a period of 5 years (subject of the discretion
of Board) from the date of Grant, subject to a minimum gap of 1 year between the date of Grant and first Vesting.
During the year 2021-22, the Company had established Wingreens Farms Employee Stock Option Scheme- 2021 and the same was approved
at the Extra Ordinary General Meeting of the Company held on December 12, 2021. Employee Stock Options in the form of Equity Shares linked
to the completion of a minimum period of continued employment to the eligible employees of the Group. In accordance with the provisions of
Section 62 of Companies Act 2013 read with rule 12 of the Companies (Share capital and debentures) Rules 2014 and other applicable
provisions if any of the Companies Act 2013. The options so granted of 86,270 will vest over a period of 1 years (subject of the discretion of
Board) from the date of grant, subject to a minimum gap of 1 year between the date of grant and first vesting.
During the year 2022-23, the Company had established Wingreens Farms Employee Stock Option Scheme- 2022 and the same was approved
at the Extra Ordinary General Meeting of the Company held on April 25, 2022. Employee Stock Options in the form of Equity Shares linked to
the completion of a minimum period of continued employment to the eligible employees of the Group. In accordance with the provisions of
Section 62 of Companies Act 2013 read with rule 12 of the Companies (Share capital and debentures) Rules 2014 and other applicable
provisions if any of the Companies Act 2013. The options so granted of 20,864 will vest over a period of 4 years (subject of the discretion of
Board) from the date of grant, subject to a minimum gap of 1 year between the date of grant and first vesting.
During the year 2022-23, the Holding Company had established Wingreens Farms Employee Stock Option Scheme- 2022 and the same was
approved at the Extra Ordinary General Meeting of the Holding Company held on May 14, 2022. Employee Stock Options in the form of Equity
Shares linked to the completion of a minimum period of continued employment to the eligible employees of the Group. In accordance with the
provisions of Section 62 of Companies Act 2013 read with rule 12 of the Companies (Share capital and debentures) Rules 2014 and other
applicable provisions if any of the Companies Act 2013. The options so granted of 3,33,824 will vest over a period of 10 years (subject of the
discretion of Board) from the date of grant, subject to a minimum gap of 1 year between the date of grant and first vesting.
Each option is exercisable for one equity share of face value of Rs. 10 each at a price to be determined in accordance with the respective
Employees Stock Option Plan.
29

Particulars ended March ended March
31, 2023 31, 2022
Grant I Grant I
Vest 1 Vest 2 Vest 3 Vest 4 Vest 1 Vest 2 Vest 3 Vest 4
Date of Grant 10-Aug-16 10-Aug-16 10-Aug-16 10-Aug-16 10-Aug-16 10-Aug-16 10-Aug-16 10-Aug-16
Date of Vesting 09-Aug-17 09-Aug-18 09-Aug-19 09-Aug-20 09-Aug-17 09-Aug-18 09-Aug-19 09-Aug-20
Live options at the beginning of

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
the year (Nos.)
Granted during the year (Nos.) - - - - - - - -
Bonus options issued during the

- - - - - - - -
year (Nos.)
Forfeited/ lapsed till vesting

- - - - - - - -
period (Nos.)
Options Vested (Nos) - - - - - - - -
30
Forfeited/ lapsed post vesting

- - - - - - - -
(Nos)
Options exercised (Nos) - - - - - - - -
Outstanding/ exercisable at the

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
end of the year (Nos)
Exercise Price (Rs.) 62.5 62.5 62.5 62.5 62.5 62.5 62.5 62.5
Remaining Contractual Life

- - - - - - - -
(Days)
Fair value of the shares (Rs.) 71.65 71.65 71.65 71.65 71.65 71.65 71.65 71.65

31, 2023 31, 2022
Grant IV Grant IV
Date of Grant 01-Jul-19 01-Jul-19 01-Jul-19 01-Jul-19 01-Jul-19 01-Jul-19 01-Jul-19 01-Jul-19
31
Date of Vesting 30-Jun-22 30-Jun-23 29-Jun-24 29-Jun-25 30-Jun-22 30-Jun-23 29-Jun-24 29-Jun-25

5,500 9,500 2,500 2,500 5,500 9,500 2,500 2,500
the year (Nos.)

- - - - - - - -
year (Nos.)

- - - - - - - -
period (Nos.)

- - - - - - - -
(Nos)

5,500 9,500 2,500 2,500 5,500 9,500 2,500 2,500

0.00 91.00 456.00 821.00 91.00 456.00 821.00 1187.00
(Days)
32

31, 2023 31, 2022
Grant V Grant V
Date of Grant 01-Oct-20 01-Oct-20 01-Oct-20 01-Oct-20 01-Oct-20 01-Oct-20 01-Oct-20 01-Oct-20
Date of Vesting 01-Oct-22 01-Oct-23 30-Sep-24 30-Sep-25 30-Sep-22 30-Sep-23 29-Sep-24 29-Sep-25

1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250
the year (Nos.)
Granted during the year (Nos.)

- - - - - - - -
year (Nos.)

- - - - - - - -
period (Nos.)
33

- - - - - - - -
(Nos)

1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250

- 184 549 914 183 548 913 1,279
(Days)

31, 2023 31, 2023
Grant V Grant V
34
Date of Grant 01-Dec-20 01-Dec-20 01-Dec-20 01-Dec-20 01-Dec-20 01-Dec-20 01-Dec-20 01-Dec-20
Date of Vesting 01-Dec-22 01-Dec-23 30-Nov-24 30-Nov-25 01-Dec-22 01-Dec-23 30-Nov-24 30-Nov-25

2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
the year (Nos.)

- - - - - - - -
year (Nos.)

- - - - - - - -
period (Nos.)

- - - - - - - -
(Nos)

2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
35

- 245 610 975 - 610 975 1,340
(Days)

31, 2023 31, 2022
Grant VI Grant VI
Date of Grant 01-Sep-21 01-Sep-21 01-Sep-21 01-Sep-21 01-Sep-21 01-Sep-21 01-Sep-21 01-Sep-21
Date of Vesting 31-Aug-22 31-Aug-23 31-Aug-24 31-Aug-25 31-Aug-22 31-Aug-23 31-Aug-24 31-Aug-25

2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
the year (Nos.)
36

- - - - - - - -
year (Nos.)

- - - - - - - -
period (Nos.)

- - - - - - - -
(Nos)

2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500

- 153 519 884 - 153 519 884
(Days)
37

31, 2023 31, 2022
Grant VI Grant VI
Date of Grant 01-Jan-22 01-Jan-22 01-Jan-22 01-Jan-22 01-Jan-22 01-Jan-22 01-Jan-22 01-Jan-22
Date of Vesting 31-Dec-22 31-Dec-23 31-Dec-24 31-Dec-25 31-Dec-22 31-Dec-23 31-Dec-24 31-Dec-25

1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250
the year (Nos.)

- - - - - - - -
year (Nos.)

- - - - - - - -
period (Nos.)

- - - - - - - -
(Nos)
38

1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250

275 641 1006 275 641 1,006
(Days)

Particulars ended March 31, ended March
2023 31, 2022
Grant VII Grant VII
Date of Grant 09-May-22 09-May-22 09-May-22 09-May-22 - - - -
Date of Vesting 08-May-23 07-May-24 08-May-25 08-May-26 - - - -
39
Live options at the beginning of the year

- - - - - - - -
(Nos.)
Granted during the year (Nos.) 3,500 3,500 3,500 3,500 - - - -
Bonus options issued during the year

- - - - - - - -
(Nos.)
Forfeited/ lapsed till vesting period

- - - - - - - -
(Nos.)
Forfeited/ lapsed post vesting (Nos) - - - - - - - -
Outstanding/ exercisable at the end of

3,500 3,500 3,500 3,500 - - - -
the year (Nos)
Exercise Price (Rs.) 62.5 62.5 62.5 62.5 - - - -
Remaining Contractual Life (Days) 38 403 769 1,134 - - - -
Fair value of the shares (Rs.) 692.00 692.00 692.00 692.00 - - - -
40

2023 31, 2022
Grant VII Grant VII
Date of Grant 01-Jan-23 01-Jan-23 01-Jan-23 01-Jan-23 - - - -
Date of Vesting 31-Dec-23 30-Dec-24 31-Dec-25 31-Dec-26 - - - -
Live options at the beginning of the

- - - - - - - -
year (Nos.)

- - - - - - - -
(Nos.)

- - - - - - - -
(Nos.)
41

5,000 5,000 5,000 5,000 - - - -
the year (Nos)
Remaining Contractual Life (Days) 275 640 1,006 1,371 - - - -

2023 31, 2022
Grant VII Grant VII
Date of Grant 01-Mar-23 01-Mar-23 01-Mar-23 01-Mar-23 - - - -
Date of Vesting 28-Feb-24 27-Feb-25 28-Feb-26 28-Feb-27 - - - -
42
Live options at the beginning of the

- - - - - - - -
year (Nos.)

- - - - - - - -
(Nos.)

- - - - - - - -
(Nos.)

10,000 10,000 10,000 10,000 - - - -
the year (Nos)
Remaining Contractual Life (Days) 334 699 1,065 1,430 - - - -
43
The Company's net loss and loss per share would have been as under, had the compensation cost for employees' stock options been
recognized based on the fair value at the date of grant in accordance with Black–Scholes model.
Particulars ended ended
March 31, 2023 March 31, 2022
Loss for the year (18,018.26) (7,337.68)
Add: Additional employee compensation cost based on Fair value 101.27 32.39
Loss for year as per Fair Value Method (A) (18,119.53) (7,370.07)
Earnings per Share (EPS) 68,22,553.00 65,70,015
(a) Basic (264.10) (111.68)
Weighted Average number of shares outstanding (B) -265.58 (112.18)
Basic earning per share (in Rs.) as reported (Refer Note 29)
44
Proforma Basic earning per share (in Rs.) (A/B)
(b) Diluted
Weighted Average number of shares outstanding (D) 1,65,37,806 1,58,20,294.00
Diluted earning per share (in Rs.) as reported (Refer Note 29) (264.10) (111.68)
Proforma Diluted earning per share (in Rs.) (A/B) -265.58 (112.18)
The assumptions used by independent valuers for determination of fair value of a share of Rs. 10 each fully paid up as per the Discounted Cash
Flow Model are as follows:
Particulars 2022-23 2021-22
Exercise price 62.5 62.5
Expected life of options (years) 5 5
45
Risk-free interest rate 7.11% 7.01%
March 31, 2023 March 31, 2022
Additional expense had the Holding Company recorded the

101.27 32.39
ESOP Expense based on fair value of the shares
101.27 32.39
Particulars As at As at
March 31, 2023 March 31, 2022
Capital and other commitments
46
Estimated value of contracts in capital account remaining to be executed - 10.28
Total - 10.28
36 Earnings in Foreign Currency
March 31, 2023 March 31, 2022
Sale of Goods 43.91 182.81
37 Expenditure in Foreign Currency (On Accural Basis)
47
March 31, 2023 March 31, 2022
Service of Website Devlopment and subscription charges - 23.59
Professional/Technical Fees - 8.58
Marketing Charges 5.82 7.10
Commission - 0.47
Miscellaneous expenses 0.09 -
38 Value of imports calculated on C.I.F. basis
March 31, 2023 March 31, 2022
48
Raw Materials 898.48 275.64
39 Foreign currency (FC) exposures
The year-end FC exposures that have not been hedged by a derivative instrument or otherwise are as follows:
March 31, 2023 March 31, 2022
Currency Rs. FC Rs. FC
Trade receivables USD - - 20.13 0.26
41 Compliance with Laws and Regulations
49
The Group is fully compliant with all the applicable laws and regulations and has filed all the statutory forms and returns within the
prescribed timelines except for filing of Form INC-28 to condone the delay in holding the AGM by one of its subsidiaries 'Raw Pressery
Private Limited' for FY 2019-20 in the prescribed time limit due to some unavoidable reasons and the Group shall comply with the filing
of the said form in due course of time.
43 Going Concern
Further to as Subsidiary
Raw Pressery Private Limited (subsidiary of the Holding Company) has accumulated losses as at March 31, 2023 aggregating to Rs.
34,551.91 lakhs (March 31, 2022 aggregating to Rs. 30,556.64 lakhs) and negative operating cash flows in the aforesaid financial year.
The revenue of the Subsidiary for the FY 2022-23 is Rs 14,525.95 lakhs against the revenue for the FY 2021-22 of Rs 8,784.84 lakhs
with an increase of 65.35% from the previous year and the Subsidiary’s management has implemented measures to restructure its
operations with the objective of positive cash inflows and reducing operating losses. Further, the Subsidiary has introduced new products
under the same brand name "RAW Pressery" and expecting to become profitable in coming years. Additionally, the subsidiary company
received unconditional support from the Holding Company, Wingreens Farms Private Limited to continue its operations as a going
concern. Accordingly, the financial statements of the subsidiary company were prepared on a going concern basis.
During the previous year, Holding Company acquired 100% stake in Saucery Foods Private Limited with effect from November 21, 2021
44
for an amount of Rs. 498.20 lakhs which was based on the report of an independent valuer.
In the Previous year Company had acquired 76.77% stake in Green Light Foods Private Limited with effect from November 23, 2021 for
an amount of Rs. 1201 lakhs which was based on the report of an independent valuer. The Company has given employee's stock options
to employees of their subsidaries and booked in financial statement as investment in subsidaries amounting to Rs. 688.93 lakhs (as at
March 31, 2022 : Rs. 187.61 lakhs) in Green Light Foods Private Limited.
50
Further, during the year, the Holding Company has acquired two companies detailed as followings :-
1. Additional 23.23% stake in Green Light Foods Private Limited with effect from July 01, 2022 for an amount of Rs. 363.46 lakhs
2. 100% stake in Dharmya Business Ventures Private Limited with effect from April 25, 2022 for an amount of Rs. 1,599.95 lakhs which
was based on the report of an independent valuer.
Saucery Foods Private Green Light Foods Private Green Light Foods Dharmya Business
Limited Limited Private Limited Ventures Private Limited
w.e.f. November 20,

Particulars w.e.f. December 20, 2021 w.e.f. July 01, 2022 w.e.f. April 25, 2022
2021
Cost of Investment 498.38 1,201.46 363.46 1599.95
Less :-
Equity 1.87 298.06 69.24 1.61
Securities premium 189.11 269.12 62.52 808.59
Pre Acquisition Loss -246.46 -468.10 -216.24 -833.34
Minority Interest - -22.99
51
General Reserve - -
Impact of change inaccounting policy of

- -
depreciation and amortisation
Utilised for issue of new shares
Goodwill 553.86 1,125.37 447.94 1623.09
3. To improve the business unit economics, the Holding company has currently put on hold the operations of Dharmya Business Ventures
Private Limited, however, basis details of future business of the subsidiary company, the management is of the view that there are no triggers for
impairment in the carrying value of goodwill attributable to the subsidiary and other assets of the subsidiary company.
45 Disclosures mandated by Schedule III by way of additional information
Parent Company
Wingreens Farms Private Limited 2023 300.79% 12,487.27 63.79% (11,477.71)
2022 114.31% 19,939.40 66.48% (6,176.83)
52
Subsidiaries
Georgia Dakota Foods Private

2023 -7.54% (313.02) 0.15% (26.27)
Limited
2022 -1.82% (316.75) 0.27% (24.63)
Rakyan Beverages Private

2023 -140.54% (5,834.76) 22.20% (3,995.20)
Limited
2022 -11.51% (2,007.32) 28.91% (2,686.17)
Green Light Foods Private

2023 -24.15% (1,002.61) 7.97% (1,434.89)
Limited
2022 -0.40% (69.02) 3.83% (355.71)
53
Saucery Foods Private Limited 2023 -8.82% (365.97) 1.46% (263.11)
2022 -0.59% (102.87) 0.51% (47.39)
Dharmya Ventures Private 4.43%

2023 -19.74% (819.36) (796.22)
Limited
2022 0.00%
Total 2023 100% 4,151.55 100% (17,993.40)
Total 2022 100% 17,443.44 100% (9,290.73)
46 Additional regulatory information
The Group has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with
(i)
Companies (Restriction on number of Layers) Rules, 2017, and there are no companies beyond the specified layers.
54
The Group does not have any Benami property, where any proceeding has been initiated or pending against the Company
(ii) for holding any Benami property under the Prohibition of Benami Property Transactions Act, 1988 (as amended from time to
time) and the rules made thereunder.
(iii) The Group has following transactions with companies struck off.
Transactions Balance Balance

Nature of transactions with
Name of struck off Company during the outstanding as on outstanding as on Relationship with
struck-off Company
F.Y.2022-23 March 31, 2023 March 31, 2022
the Struck off

company,
if any, to be
disclosed
Wyn Retail Ventures Private Limited Damages and wastages - - - NA
Pure Protein Private Limited Sale of Goods - - 0.65 NA
Warm Plates Hospitality Private

Sale of Goods - (0.00) (0.00) NA
Limited
Allespay Retail Private Limited Sale of Goods - 0.22 0.22 NA
A. R. Resorts India Private Limited Sale of Goods - (0.02) (0.02) NA
55
Gormei Market Private Limited Sale of Goods - (0.01) (0.01) NA
(iv) The Group does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.
The Group has neither traded nor invested in Crypto currency or Virtual Currency during the current year and previous year.
(v) Further, the Group has also not received any deposits or advances from any person for the purpose of trading or investing in
Crypto Currency or Virtual Currency.
The Group has not advanced or loaned or invested funds to any other person or entity, including foreign entities (Intermediaries)
(vi)
with the understanding that the Intermediary shall:
(a) 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
(b) provide any guarantee, security, or the like to or on behalf of the Ultimate Beneficiaries.
The Group has not received any fund from any person(s) or entity(is), including foreign entities (Funding Party) with the
(vii)
understanding (whether recorded in writing or otherwise) that the Group shall:
(a) 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
(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
56
The Group does not have any transaction which is not recorded in the books of accounts that has been surrendered or disclosed
as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other
(viii)
relevant provisions of the Income Tax Act, 1961. Further, there was no previously unrecorded income, and no additional assets
were required to be recorded in the books of account during the year.
The Holding Company has been sanctioned working capital limits in excess of Rs. 5 crores, in aggregate, from Kotak Mahindra
Bank on the basis of security of current assets. The Holding Company has filed quarterly returns or statements with the Bank,
(ix)
which are not in agreement with the unaudited books of account as set out below. The Holding Company The company as at the
year end has discontinued this facility with Kotak Mahindra Bank and the charge does not exist as at the year end.
Current Year
Aggregate
Amount disclosed Amount as per
working capital Difference
Name of the Nature of Current as per quarterly books of account
limits sanctioned Quarter Reasons for
Bank/ Financial Asset offered as stock statements
ended (Amounts in difference
Institution Security (Amounts in
(Amounts in lakhs)
(Amounts in lakhs) lakhs)
lakhs)
Existing and Future Stock Statement are

Kotak Mahindra Receivable, made on basis of the
INR 2,500 Jun-22 4,922.39 4,875.59 46.8
Bank Inventory, Movable provisional Financial
Fixed Asset Statements.
Sep-22 4,150.55 4,392.58 -242.03
Previous Year
57
Aggregate
working capital Amount disclosed Amount as per
Name of the Difference
limits Nature of Current as per quarterly books of account
Bank/ Quarter Reasons for
sanctioned Asset offered as stock statements
Financial ended (Amounts in difference
Security (Amounts in
Institution lakhs)
(Amounts in (Amounts in lakhs) lakhs)
lakhs)
Stock Statement are

Existing and Future made on basis of the
Kotak
Receivable, provisional Financial
Mahindra INR 2,500 30-Jun-21 3,747.46 3,955.00 -207.54
Inventory, Movable Statements, overall
Bank
Fixed Asset difference is
immaterial.
30-Sep-21 4,376.13 4,483.00 -106.87
31-Dec-21 4,467.17 4,515.00 -47.83
31-Mar-22 4,709.12 4,690.16 18.96
The Holding Company has granted the loans or advances in the nature of loans to related parties (as defined under Companies
(x) Act, 2013) which are repayable on demand or without specifying any terms or period of repayment of Rs. 1368.31 lakhs (March
31, 2022: Rs. 367.36 lakhs).
Green Light Foods Saucery Foods Private Dharmya Business Georgia Dakkota
Particular
Private Limited Limited Ventures Private Limited Private Limited
58
Aggregate of loan/advances in nature of

loan :
-Repayable on demand Rs. 372.1 Rs. 193.07 Rs. 786.82 Rs. 16.32
-Agreement does not specify any terms or

period of repayment
The Group has not been declared as a Wilful Defaulter by any bank or financial institution or government or any
(xiii)
government authority.
The Group has not revalued its property, plant, and equipment or intangible assets or both during the current or
(xiv)
previous year.
(xv) Analytical Ratios:
March 31, March 31,

S.No. Ratio Numerator Denominator % Variance Reason for variances
2023 2022
Current Liabilities
Current Ratio (in excluding current Decrease in balances of current
a) Current Assets 0.99 2.76 -64.25%
times) maturities of long term investments.
borrowings
Increase on account of issue of

b) Debt-equity ratio Total Debt Shareholder's equity 128% 82% 54.75%
debentures
59
Improvement is on account of
Return on Equity(in
c) Profit for the year * Average Total Equity -167% -62% 169.47% insuance of shares during the
%)
year
The ratio has increased because

of increase in revenue, better
Trade Receivable Revenue from * Average Trade
d) 9.98 5.34 87.12% collection being received,
Turnover(in times) operations Receivables
reduction in bad debts during the
current financial year
Total expenses -
Trade Payable Depreciation - * Average Trade
e) 10.26 9.84 4.27% NA
Turnover (in times) Interest - Payroll Payables
Cost
* Working Capital i.e The reason for improvement is

Net Capital Turnover Revenue from (Average Current increase in company's revenue
f) 5.41 2.41 124.37%
(in times) operations Assets - Average and improvement in average
Current Liabilities) working capital.
Due to higher cost of materal

g) Net Profit Ratio (in %) Profit for the year Total Income -58% -44% 31.07% consumed with Inventory &
Debtor correction
Inventory turnover Decrease on account of increase

h) Sales * Average inventory 16.75 12.79 31.00%
ratio in turnover during the year.
Due to increase in losses during

i) Return on investment PAT Shareholder's equity -433% -53% -380.15%
the year
Return on capital EBIT = Profit Due to increase in losses during

j) * Average Equity -155% -56% -99.19%
employed (in %) before tax - Interest the year
60
47 Deferred Taxes movement recognised in subsidiary company
Opening Balance Closing Balance

Particular Charge/ (Reversed)
As on April 1, 2022 As on March 31, 2023
Defered Tax Liability
On account of depreciation (A) (1.73) 1.73 -
Defered Tax Asset
On account of IT Disallowance & Carried Forward losses

- 0.29 0.29
(B)
Net Deffered Tax Asset/(Liability) (1.73) 2.02 0.29
The Holding Company of the Group does not have a Company secretary as on the date of the Board meeting in which financial
48 statements are approved. The Holding Company is in process of hiring new Company secretary and it is expected that the hiring will
be closed at the earliest.
61
49 Previous year's figures have been regrouped/reclassified wherever necessary to confirm the current year classification.
62
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates

Period FY 2023
Textual
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block] Information (10)
Textual
Disclosure of general information about company [Text Block] Information (11)
Textual
Disclosure of accounting policies explanatory [Text Block] Information (12)
Textual information (10): Disclosure of accounting policies, change in accounting policies and changes in estimates
explanatory [Text Block]
Principle of consolidation
Subsidiaries are consolidated from the date on which control is transferred to the Parent Company and are not consolidated from the date that
control ceases. The financial statements of the Company and its subsidiaries have been consolidated on a line-by-line basis by adding together
like items of assets, liabilities, income and expenses. Intra-group balances and intra-group transactions and resulting unrealized profits are
eliminated.
Details of subsidiary (incorporated in India), which have been considered in these consolidated financial statements are as follows:
Name of Company Proportion of ownership interest
As at As at
March 31, 2023 March 31, 2022
% %
63
M/s Raykan Beverages Private Limited 100% 100%
M/s Georgia Dakota Foods Private Limited 74% 74%
M/s Saucery Foods Private Limited 100% 100%
M/s Green Light Foods Private Limited 100% 76.80%
M/s Dharmya Business Ventures Private Limited 100% 0.00%
• Basis of preparation of consolidated financial statements
These financial statements have been prepared in accordance with the generally accepted accounting principles in India under the historical cost
convention on accrual basis. These financial statements have been prepared to comply in all material aspects with the accounting standards
notified under the Companies (Accounting Standards) Rules, 2006 (as amended), specified under section 133 and other relevant provisions of
the Companies Act, 2013.
All assets and liabilities have been classified as current or non-current as per the Group’s normal operating cycle and other criteria set out in the
Schedule III to the Companies Act, 2013. Based on the nature of products and the time between the acquisition of assets for processing and their
realization in cash and cash equivalents, the Group has ascertained its operating cycle as 12 months for the purpose of current - non current
classification of assets and liabilities.
• Other significant accounting policies adopted by the Group are detailed below:
64
• Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in India, requires the management to make
estimates and assumptions that affect the reported amount of assets and liabilities as at the Balance Sheet date, reported amount of revenue
and expenses for the year and disclosures of contingent liabilities as at the Balance Sheet date. The estimates and assumptions used in the
accompanying financial statements are based upon Management’s evaluation of the relevant facts and circumstances as at the date of the
financial statements. Actual results could differ from these estimates.
b. Property, plant and equipment (Tangible assets)
Tangible assets are stated at acquisition cost, net of accumulated depreciation and accumulated impairment, if any. Acquisition cost comprises
of purchase price and any attributable cost of bringing the asset to its working condition for its intended use.
Subsequent expenditures related to an item of property, plant and equipment are added to its book value only if they increase the future benefits
from the existing assets beyond its previously assessed standard of performance.
Losses arising from the retirement of, and gains/losses arising from disposal of tangible assets carried at cost are recognized in the Statement of
Profit and Loss.
65
Depreciation is provided on written down value method over the useful lives of the assets as prescribed under Schedule II to the Companies Act,
2013 except for few items where useful lives estimated by management on technical assessment, past trends, operational lives differ from those
as specified in Schedule II of Companies Act, 2013:
Useful life of assets estimated by the Group
Description of Assets
(in years)
Computers and data processing units (including server) 3/6
Furniture and fittings – Crates 2
Furniture and fittings – Pallets 5
Furniture and fittings – Others 10
Plant and machinery – Moulds 2
Plant and machinery – Cylinders 2
Plant and machinery – Chillers and Barrels 5
Plant and machinery – Others 15
66
Motor vehicles 5-8
Office equipment 5
Electrical Installations and Equipment
Leasehold improvement is amortised on a straight-line basis over the lease period.
Depreciation on additions and disposals is provided on a pro-rata basis from/to the date of acquisition/date of disposal of the asset.
• Intangible assets
Intangible assets are stated at acquisition cost, net of accumulated amortization and accumulated
impairment losses, if any. Intangible assets are amortized on written down value method over
their estimated useful lives.
Gains or losses arising from the retirement or disposal of an intangible asset are determined as
67
the difference between the net disposal proceeds and the carrying amount of the asset and
recognized as income or expense in the Statement of Profit and Loss. The estimated useful lives
of intangible assets are as follows :
Useful life of assets estimated by the Company
Description of assets
(in years)
Computer software 3
• Impairment of assets
The carrying amounts of assets are reviewed at each balance sheet date in accordance with Accounting Standard 28 ‘Impairment of Assets’ to
determine whether there is any indication of impairment. If any such indication exists, the asset’s recoverable amount is estimated. An
impairment loss is recognised whenever the carrying amount of an asset exceeds its recoverable amount. Impairment losses are recognised in
the Statement of Profit and Loss. An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable
amount. An impairment loss is reversed only to the extent that the asset’s carrying amount that would be have been determined net of
depreciation or amortization, if no impairment loss had been recognised.
• Goodwill on consolidation
The excess/ deficit of the cost of the investment in subsidiaries over its respective share of net worth (residual interest in the assets of the
68
subsidiaries after deducting all its liabilities) of the subsidiaries at the date of investment in the subsidiaries is treated as goodwill/ capital reserve
in the consolidated financial statements. The value of goodwill arising on consolidation is reviewed for impairment at the end of each accounting
year.
• Investments
Investments that are readily realisable and are intended to be held for not more than one
year from the date on which such investments are made, are classified as current investments. Current investments are carried at cost or fair
value, whichever is lower.
• Inventories
Inventories are valued at lower of cost and net realisable value. The basis for determination of cost of various categories of inventory is as
follows:
• Raw material and packaging material are valued first in first out basis (FIFO). Raw materials and packaging material held for use in production
of finished goods are not written down below cost except in cases where material prices have declined, and it is estimated that the cost of the
finished goods will exceed their net realisable value.
• The cost of finished goods and work in progress comprises raw materials, direct labour costs, other direct costs and related production
overheads.
• Traded goods, stores & spares and consumables are valued is determined on the weighted average basis. Cost of purchase include cost of
purchase and other costs incurred in bringing inventories to their present location and condition.
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.
69
• Cash and cash equivalent
Cash and cash equivalents includes cash in hand, demand deposits with banks, other short-term highly liquid investments with original maturities
of three months or less.
• Revenue recognition
Revenue from sale of goods is recognised when all significant risks and rewards of ownership in goods are transferred to the customer, which
coincides with dispatch of goods to the customers. The company collects Goods and Service Tax (GST) on behalf of the government and,
therefore, these are not economic benefits flowing to the company. Hence, they are excluded from revenue.
• Other income
Interest income is recognised using the time proportion basis taking into account the amount outstanding and interest rate applicable.
• Employee benefits
70
Provident fund
Contribution towards provident fund for certain employees is made to the regulatory authorities, where the Group has no further obligations. Such
benefits are classified as defined contribution schemes as the Group does not carry any further obligations, apart from the contributions made on
a monthly basis.
Gratuity
The Company provides for gratuity, a defined benefit plan (the “Gratuity Plan”) covering eligible employees in accordance with the Payment of
Gratuity Act, 1972. The Gratuity Plan provides a lump sum payment to vested employees at retirement, death, incapacitation or termination of
employment, of an amount based on the respective employee’s salary and the tenure of employment. The Company’s liability is actuarially
measured (using the Projected Unit Credit method) at the end of each year. Actuarial losses/ gains are recognised in the Statement of Profit and
Loss in the year in which they arise.
Other short term benefits
All employee benefits payable/available within twelve months of rendering the service are classified as short-term employee benefits. Benefits
such as salaries, wages and bonus etc., are recognized in the Statement of Profit and Loss in the period in which the employee renders the
related service.
• Employee share based payments
Equity settled stock options granted under “Wingreens Farms Employee Stock Option Scheme 2016” are accounted for as per the accounting
treatment prescribed by the Guidance Note on Employee Share-based Payments issued by the Institute of Chartered Accountants of India as
required. The intrinsic value of the option being excess of market value of the underlying share immediately prior to date of grant over its exercise
price is recognised as deferred employee compensation with a credit to employee stock option outstanding account. The deferred employee
compensation is charged to Statement of Profit and Loss on straight line basis over the vesting period of the option. The options that lapse are
reversed by a credit to employee compensation expense, equal to the amortised portion of value of lapsed portion and credit to deferred
employee compensation expense equal to the un-amortised portion.
• Taxation
71
Tax expense for the period, comprising current tax and deferred tax, are included in the determination of the net profit or loss for the period.
Current tax is measured at the amount expected to be paid to the tax authorities in accordance with the taxation laws prevailing in the respective
jurisdictions.
Deferred tax is recognised for all the timing differences, subject to the consideration of prudence in respect of deferred tax assets. Deferred tax
assets on losses are recognized and carried forward only to the extent that there is a virtual certainty that sufficient future taxable income shall be
available against which such deferred tax assets can be realized. Deferred tax assets on other than losses are recognized only if there is
measurable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realised. Deferred tax
assets and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date.
Deferred tax assets and deferred tax liabilities are offset when there is a legally enforceable right to set off assets against liabilities representing
current tax and where the deferred tax assets and the deferred tax liabilities relate to taxes on income levied by the same governing taxation
laws.
• Leases
Lease rentals in respect of operating lease arrangements are charged to expense in the Statement of Profit and Loss on straight line over the
non-cancellable term of lease.
• Earnings per share
The earnings considered in ascertaining the Group’s earnings per share (‘EPS’) comprises the net profit after tax. The number of shares used in
computing the Basic EPS is the weighted average number of shares outstanding during the year. The diluted EPS is calculated on the same
basis as basic EPS, after adjusting for the effects of potential dilutive equity shares.
• Provision and contingencies
72
Provisions: Provisions are recognised when there is a present obligation 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 there is a reliable estimate of the amount of the obligation. Provisions
are measured at the best estimate of the expenditure required to settle the present obligation at the Balance sheet date and are not discounted to
its present value.
Contingent liabilities: Contingent liabilities are disclosed when there is 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 Group or a
present obligation that arises from past events where it is either not probable that an outflow of resources will be required to settle or a reliable
estimate of the amount cannot be made.
• Segment Information
The Group is engaged in the business of making and selling a range of fresh, healthy, tasty, and innovative food products. The Company has
identified business segments as its primary segment and geographic segments as its secondary segment. Segments have been identified
considering the nature of the products, the differing risks and returns, the organisational structure and internal reporting system.
Textual information (11): Disclosure of general information about company [Text Block]
Wingreens Farms Private Limited (the “Company”) was incorporated on July 13, 2011 as a Private Limited Company under the Companies Act,
1956. The Company is a fully integrated (farm to retail) food company in the business of making and selling a range of fresh, healthy, tasty and
innovative food products.
Textual information (12): Disclosure of accounting policies explanatory [Text Block]
These financial statements have been prepared in accordance with the generally accepted accounting principles in India under the historical cost
convention on accrual basis. These financial statements have been prepared to comply in all material aspects with the accounting standards
notified under the Companies (Accounting Standards) Rules, 2006 (as amended), specified under section 133 and other relevant provisions of
the Companies Act, 2013.
73
All assets and liabilities have been classified as current or non-current as per the Group’s normal operating cycle and other criteria set out in the
Schedule III to the Companies Act, 2013. Based on the nature of products and the time between the acquisition of assets for processing and their
realization in cash and cash equivalents, the Group has ascertained its operating cycle as 12 months for the purpose of current - non current
classification of assets and liabilities.
• Other significant accounting policies adopted by the Group are detailed below:
• Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in India, requires the management to make
estimates and assumptions that affect the reported amount of assets and liabilities as at the Balance Sheet date, reported amount of revenue
and expenses for the year and disclosures of contingent liabilities as at the Balance Sheet date. The estimates and assumptions used in the
accompanying financial statements are based upon Management’s evaluation of the relevant facts and circumstances as at the date of the
financial statements. Actual results could differ from these estimates.
74
[201000] Notes - Tangible assets

Period FY 2023
Textual
Disclosure of accounting policy on tangible assets [Text Block] Information (13)
Disclosure of tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 714.69 272.79 714.69 272.79
Acquisitions through business combinations tangible
assets 0.96 67.56 0.96 67.56
Depreciation tangible assets -386.64 -267.82
Disposals tangible assets [Abstract]
Disposals tangible assets, others 16.6 549.7 108.64 549.7
Total disposals tangible assets 16.6 549.7 108.64 549.7
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0 -0.01
Total other adjustments tangible assets 0 0 -0.01
Total changes in tangible assets 312.41 -477.17 607.01 -209.36
Tangible assets at end of period 1,518.94 1,206.53 3,469.51 2,862.5

Classes of tangible assets [Axis] Company total tangible assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Depreciation tangible assets 386.64 267.82
Disposals tangible assets, others 92.04 0
Total disposals tangible assets 92.04 0
Other adjustments tangible assets, others 0 -0.01
Total other adjustments tangible assets 0 -0.01
Total changes in tangible assets 294.6 267.81
Tangible assets at end of period 1,950.57 1,655.97

Classes of tangible assets [Axis] Plant and equipment [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 493.35 226.31 493.35 226.31
75

assets 0 44.4 0 44.4
Depreciation tangible assets -224 -170.8

Classes of tangible assets [Axis] Plant and equipment [Member]
Depreciation tangible assets 224 170.8

Classes of tangible assets [Axis] Other plant and equipment [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 493.35 226.31 493.35 226.31
assets 0 44.4 0 44.4

76

Sub classes of tangible assets [Axis] Owned assets [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 493.35 226.31 493.35 226.31
assets 0 44.4 0 44.4


Classes of tangible assets [Axis] Furniture and fixtures [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 20.15 6.79 20.15 6.79
assets 0 2.04 0 2.04
Other adjustments tangible assets, others 0 -0.01 0 -0.01
Total other adjustments tangible assets 0 -0.01 0 -0.01
Total changes in tangible assets -2.11 -6.39 17.68 4.85
Tangible assets at end of period 30.98 33.09 112.34 94.66
77

Tangible assets at end of period 81.36 61.57

Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 20.15 6.79 20.15 6.79
assets 0 2.04 0 2.04
Other adjustments tangible assets, others 0 -0.01 0 (A) -0.01
Total changes in tangible assets -2.11 -6.39 17.68 4.85
Footnotes

78
Classes of tangible assets [Axis] Vehicles [Member]

Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 3.04 0 3.04 0
Total changes in tangible assets 1.51 -32.08 3.04 0


Classes of tangible assets [Axis] Motor vehicles [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022

79

Period FY 2023 FY 2022 FY 2023 FY 2022


Classes of tangible assets [Axis] Office equipment [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 16.88 14.04 16.88 14.04
assets 0.96 5.53 0.96 5.53
Other adjustments tangible assets, others 0 -0.01 0 -0.01
Total changes in tangible assets 7.05 5.58 14.41 17.24

80


Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 16.88 14.04 16.88 14.04
assets 0.96 5.53 0.96 5.53
Other adjustments tangible assets, others 0 -0.01 0 (A) -0.01
Total changes in tangible assets 7.05 5.58 14.41 17.24
Footnotes


Classes of tangible assets [Axis] Computer equipments [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 0.83 18.15 0.83 18.15
assets 0 5.89 0 5.89
81

Other adjustments tangible assets, others 0 0.01 0 0.01
Total other adjustments tangible assets 0 0.01 0 0.01
Total changes in tangible assets -15.17 3.28 0.83 24.05

Total changes in tangible assets 16 20.77

Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 0.83 18.15 0.83 18.15
assets 0 5.89 0 5.89
Other adjustments tangible assets, others 0 0.01 0 (A) 0.01
Total other adjustments tangible assets 0 0.01 0 0.01
Total changes in tangible assets -15.17 3.28 0.83 24.05
Footnotes

82
Classes of tangible assets [Axis] Leasehold improvements [Member]

Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 180.44 7.5 180.44 7.5
assets 0 9.7 0 9.7
Disposals tangible assets, others 0 17.41 0 17.41
Total disposals tangible assets 0 17.41 0 17.41


Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 180.44 7.5 180.44 7.5
assets 0 9.7 0 9.7

83


Classes of tangible assets [Axis] Other tangible assets [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
tangible assets 0 0
assets 0 0
Depreciation tangible assets 0 -0.5
Other adjustments tangible assets, others 0 0.01
Total other adjustments tangible assets 0 0.01
Total changes in tangible assets 0 -2.18 0 -1.69
Tangible assets at end of period 0 0 19.77 19.77

Disposals tangible assets, others 0
Total disposals tangible assets 0

Classes of tangible assets [Axis] Other tangible assets, others [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Nature of other tangible assets member member member member
tangible assets 0 0
assets 0 0
84


Nature of other tangible assets member member

Period FY 2023 FY 2022 FY 2023 FY 2022
Electrical Electrical Electrical Electrical
installations and installations and installations and installations and
Nature of other tangible assets equipments equipments equipments equipments
tangible assets 0 0
assets 0 0
85

Electrical Electrical
installations and installations and
Nature of other tangible assets equipments equipments
Other adjustments tangible assets, others 0 (A) -0.01
Footnotes
Disclosure of additional information tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member] Plant and equipment [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line
Items]
Depreciation method tangible assets member member member member
Useful lives or depreciation rates tangible assets member member member member

Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Refer to child Refer to child written down written down
Depreciation method tangible assets member member value value
Plant and Plant and
machinery – machinery –
Moulds 2 Plant Moulds 2 Plant
and machinery – and machinery –
Cylinders 2 Plant Cylinders 2 Plant
and machinery – and machinery –
Chillers and Chillers and
Barrels 5 Plant Barrels 5 Plant
Refer to child Refer to child and machinery – and machinery –
Useful lives or depreciation rates tangible assets member member Others 15 Others 15
86

Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Furniture and Furniture and
fittings – Crates 2 fittings – Crates 2
fittings – Pallets 5 fittings – Pallets 5
Refer to child Refer to child fittings – Others fittings – Others
Useful lives or depreciation rates tangible assets member member 10 10

Disclosure of additional information tangible assets [Line Items]
Depreciation method tangible assets member member
Useful lives or depreciation rates tangible assets member member

Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Useful lives or depreciation rates tangible assets member member 5-8 5-8

Period FY 2023 FY 2022 FY 2023 FY 2022
Items]

Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Useful lives or depreciation rates tangible assets member member 3/6 years 3/6 years
87

Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Depreciation method tangible assets member member SLM SLM
Leasehold Leasehold
improvement is improvement is
amortised on a amortised on a
straight-line basis straight-line basis
Refer to child Refer to child over the lease over the lease
Useful lives or depreciation rates tangible assets member member period. period.

Disclosure of additional information tangible assets [Line Items]
Depreciation method tangible assets member member
Useful lives or depreciation rates tangible assets member member

Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Textual information (13): Disclosure of accounting policy on tangible assets [Text Block]
Tangible assets are stated at acquisition cost, net of accumulated depreciation and accumulated impairment, if any. Acquisition cost comprises
of purchase price and any attributable cost of bringing the asset to its working condition for its intended use.
Subsequent expenditures related to an item of property, plant and equipment are added to its book value only if they increase the future benefits
from the existing assets beyond its previously assessed standard of performance.
Losses arising from the retirement of, and gains/losses arising from disposal of tangible assets carried at cost are recognized in the Statement of
88
Profit and Loss.
Depreciation is provided on written down value method over the useful lives of the assets as prescribed under Schedule II to the Companies Act,
2013 except for few items where useful lives estimated by management on technical assessment, past trends, operational lives differ from those
as specified in Schedule II of Companies Act, 2013:
Useful life of assets estimated by the Group
Description of Assets
(in years)
Computers and data processing units (including server) 3/6
Furniture and fittings – Crates 2
Furniture and fittings – Pallets 5
Furniture and fittings – Others 10
Plant and machinery – Moulds 2
Plant and machinery – Cylinders 2
Plant and machinery – Chillers and Barrels 5
Plant and machinery – Others 15
89
Motor vehicles 5-8
Office equipment 5
Electrical Installations and Equipment
Leasehold improvement is amortised on a straight-line basis over the lease period.
Depreciation on additions and disposals is provided on a pro-rata basis from/to the date of acquisition/date of disposal of the asset.
90
[201100] Notes - Intangible assets

Period FY 2023
Textual
Disclosure of notes on intangible assets explanatory [Text Block] Information (14)
Disclosure of intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
intangible assets 2,098.15 109.82 2,098.15 109.82
Acquisitions through business combinations intangible
assets 0 1,704.67 0 1,704.67
Total additions to intangible assets 2,098.15 1,814.49 2,098.15 1,814.49
Amortization intangible assets -69.13 -69.69
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 133.1 0 133.1
Total disposals intangible assets 0 133.1 0 133.1
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0 0 0
Total other adjustments intangible assets 0 0 0 0
Total changes in intangible assets 2,029.02 1,611.7 2,098.15 1,681.39
Intangible assets at end of period 10,456.89 8,427.87 10,617.36 8,519.21

Classes of intangible assets [Axis] Company total intangible assets [Member]
Internally generated and other than
internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Amortization intangible assets 69.13 69.69
Disposals intangible assets, others 0
Total disposals intangible assets 0
Other adjustments intangible assets, others 0
Total other adjustments intangible assets 0
Total changes in intangible assets 69.13 69.69
Intangible assets at end of period 160.47 91.34

Classes of intangible assets [Axis] Goodwill [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
91

intangible assets 2,071.03 0 2,071.03 0
assets 0 1,679.23 0 1,679.23

Classes of intangible assets [Axis] Goodwill [Member]
Total changes in intangible assets 0 0
Intangible assets at end of period 0 0

Classes of intangible assets [Axis] Goodwill on consolidation subsidiaries [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
assets 0 1,679.23 0 1,679.23
92
Goodwill on consolidation subsidiaries

Classes of intangible assets [Axis] [Member]

Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
assets 0 1,679.23 0 1,679.23

Goodwill on consolidation subsidiaries
Classes of intangible assets [Axis] [Member]
Intangible assets other than internally
Sub classes of intangible assets [Axis] generated [Member]
93

Classes of intangible assets [Axis] Computer software [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
intangible assets 27.12 109.82 27.12 109.82
assets 0 25.44 0 25.44
Total additions to intangible assets 27.12 135.26 27.12 135.26
Total changes in intangible assets -42.01 65.57 27.12 135.26
Intangible assets at end of period 43.3 85.31 203.77 176.65


Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
intangible assets 27.12 109.82 27.12 109.82
assets 0 25.44 0 25.44
Total additions to intangible assets 27.12 135.26 27.12 135.26
94

Total changes in intangible assets -42.01 65.57 27.12 135.26
Intangible assets at end of period 43.3 85.31 203.77 176.65

Intangible assets other than internally
Sub classes of intangible assets [Axis] generated [Member]
Disclosure of additional information intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member] Goodwill [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of additional information intangible assets [Abstract]
Disclosure of additional information intangible assets [Line
Items]
Useful lives or amortization rates intangible assets member member member member
Description of amortization method used member member member member

internally generated intangible assets Intangible assets other than internally
Sub classes of intangible assets [Axis] [Member] generated [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Useful lives or amortization rates intangible assets member member NA NA
Description of amortization method used member member value value
95

internally generated intangible assets Intangible assets other than internally
Sub classes of intangible assets [Axis] [Member] generated [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Items]
Useful lives or amortization rates intangible assets member member 3 YEARS 3 YEARS
Description of amortization method used member member value value
Textual information (14): Disclosure of notes on intangible assets explanatory [Text Block]
Intangible assets are stated at acquisition cost, net of accumulated amortization and accumulated
impairment losses, if any. Intangible assets are amortized on written down value method over
their estimated useful lives.
Gains or losses arising from the retirement or disposal of an intangible asset are determined as
the difference between the net disposal proceeds and the carrying amount of the asset and
recognized as income or expense in the Statement of Profit and Loss. The estimated useful lives
of intangible assets are as follows :
Useful life of assets estimated by the Company
Description of assets
(in years)
Computer software 3
96
97
[201200] Notes - Employee benefits

Period FY 2023
Textual
Disclosure of employee benefits explanatory [Text Block] Information (15)
Disclosure of defined benefit plans [Table]

Defined benefit plans [Axis] Domestic defined benefit plans [Member]
Defined benefit plans categories [Axis] 1
Disclosure of defined benefit plans [Abstract]
Disclosure of defined benefit plans [Line Items]
Textual Textual
Description of accounting policy for defined benefit plans Information (16) Information (17)
GRATUITY GRATUITY
Description of type of plan PLAN PLAN
Reconciliation of changes in present value of defined benefit obligation [Abstract]
Changes in defined benefit obligation, at present value [Abstract]
Increase (decrease) through current service cost, defined benefit obligation, at present value 95.05 61.68
Increase (decrease) through interest cost, defined benefit obligation, at present value 25.54 14.14
Increase (decrease) through actuarial losses (gains), defined benefit obligation, at present value 81.48 -61.48
Decrease through benefits paid, defined benefit obligation, at present value 28.86 8.17
Total changes in defined benefit obligation, at present value 10.25 129.13
Defined benefit obligation, at present value at end of period 340.48 330.23
Reconciliation of changes in fair value of plan assets [Abstract]
Recognised assets and liabilities of defined benefit plans [Abstract]
Recognised liabilities, defined benefit plan 340.48 330.23
Net liability (asset) of defined benefit plans 340.48 330.23
Reconciliation of liability asset of defined benefit plans [Abstract]
Defined benefit obligation, at present value 340.48 330.23
Net liability (asset) of defined benefit plans 340.48 330.23
Actuarial assumption [Abstract]
Actuarial assumption of discount rates 7.25% 7.25%
Experience adjustments on plan assets and plan liabilities [Abstract]
Defined benefit obligation, at present value 340.48 330.23
Net surplus (deficit) in plan -340.48 -330.23
Textual information (15): Disclosure of employee benefits explanatory [Text Block]
Provident fund
Contribution towards provident fund for certain employees is made to the regulatory authorities, where the Group has no further obligations. Such
benefits are classified as defined contribution schemes as the Group does not carry any further obligations, apart from the contributions made on
a monthly basis.
Gratuity
The Company provides for gratuity, a defined benefit plan (the “Gratuity Plan”) covering eligible employees in accordance with the Payment of
Gratuity Act, 1972. The Gratuity Plan provides a lump sum payment to vested employees at retirement, death, incapacitation or termination of
employment, of an amount based on the respective employee’s salary and the tenure of employment. The Company’s liability is actuarially
measured (using the Projected Unit Credit method) at the end of each year. Actuarial losses/ gains are recognised in the Statement of Profit and
98
Loss in the year in which they arise.
Other short term benefits
All employee benefits payable/available within twelve months of rendering the service are classified as short-term employee benefits. Benefits
such as salaries, wages and bonus etc., are recognized in the Statement of Profit and Loss in the period in which the employee renders the
related service.
Defined Contribution Plan
(A) Contribution to funds
Amount of Rs. 295.00 lakhs (March 31, 2022: Rs.173.94 lakhs) pertaining to employers' contribution to
provident fund, pension fund, employees' state insurance, labour welfare fund and administration charges is
recognized as an expense and included in employee benefits in Note no. 25.
Defined Benefits Obligation
(B) Gratuity (unfunded)
99
The Company offers the employee benefit schemes of Gratuity to its employees. Benefits payable to eligible
employees of the company with respect to gratuity is accounted for on the basis of an actuarial valuation as at
the balance sheet date.
The following table sets out the funded status of defined benefit schemes and the amount recognized in the
financial statements:
Particulars As at As at As at As at As at As at
March 31, March 31,

March 31, 2023 March 31, 2023 March 31, 2022 March 31, 2022
2023 2022
(Holding (Subsidiary (Holding (Subsidiary

(Total) (Total)
Company) Companies) Company) Companies)
Expense recognised in the

(i) Consolidated Statement of Profit
and Loss
Current service cost 40.77 54.29 95.05 34.04 27.64 61.68
Interest cost 8.65 16.89 25.54 6.03 8.11 14.14
Net actuarial losses/(gains)

(20.10) (61.38) (81.48) 7.30 54.18 61.48
recognized during the year
100
Total expense recognised in the

Consolidated Statement of Profit 29.32 9.79 39.11 47.37 89.93 137.30
and Loss
Amount recognized in the Consolidated Balance

(ii)
Sheet
Present value of defined benefit obligation 181.83 158.66 340.49 141.89 188.37 330.26
Less: Fair value of plan assets - - - - - -
Less: Unrecognized past service cost - - - - - -
Net (asset)/liability recognized in the Consolidated

181.83 158.66 340.49 141.89 188.37 330.26
Balance Sheet
(iii) Change in present value of obligations
Present value of obligation as at

141.87 188.37 330.23 95.47 105.66 201.13
beginning of the year
Liability transferred on acquisition of

16.26 (16.26) - - - -
subsidiary company
101
Current service cost 40.77 54.29 95.05 34.04 27.64 61.68
Interest cost 8.65 16.89 25.54 6.03 8.11 14.14
Actuarial losses/(gains) on obligations (20.10) (61.38) (81.48) 7.30 54.18 61.48
Benefits paid (5.62) (23.23) (28.86) (0.95) (7.22) (8.17)
Present value of obligation as at the end

181.83 158.68 340.48 141.89 188.37 330.26
of the year
Recognized under: -
Long term provision (Refer Note 7) 159.56 147.94 307.50 126.70 176.10 302.80
Short term provision (Refer Note 11) 22.27 10.72 32.99 15.19 12.27 27.46
(iv) Assumptions used for Valuation
Discount rate 7.16% 7.50% 6.10% - 7.25% 6.10% 7.25% 6.10% - 7.25%
Salary escalation 8% 12.00% 8% - 14.5% 8% 15% 8% - 14.5%
102
Salary escalation ( After 2 Years

8% 14.50% 8% - 14.5% 8% 15% 8% - 14.5%
)
IALM (2012 - IALM (2012 - IALM (2012 - IALM (2012 -

Mortality tables IALM (2012 - 14) IALM (2012 - 14)
14) 14) 14) 14)
Attrition:
Ages:
Up to 30 years 24% 25% 24% - 25% 24% 25% 24% - 25%
From 31 to 44 years 26% 17% 17% - 26% 26% 17% 17% - 26%
Above 44 years 2% 4% 2% - 4% 2% 4% 2% - 4%
The discount rate is based on the prevailing market yields of Government of India securities as at the Balance Sheet date for the estimated term
of obligations.
The estimate of future salary increases considered takes into consideration the inflation, seniority, promotion, increments and other relevant
factors such as demand and supply in employement market.
103
Textual information (16): Description of accounting policy for defined benefit plans
The Company offers the employee benefit schemes of Gratuity to its employees. Benefits payable to eligible employees of the company with
respect to gratuity is accounted for on the basis of an actuarial valuation as at the balance sheet date.
Textual information (17): Description of accounting policy for defined benefit plans
The Company offers the employee benefit schemes of Gratuity to its employees. Benefits payable to eligible employees of the company with
respect to gratuity is accounted for on the basis of an actuarial valuation as at the balance sheet date.
104
[201300] Notes - Segments

Period FY 2023
Textual
Disclosure of enterprise's reportable segments explanatory [Text Block] Information (18)
Textual information (18): Disclosure of enterprise's reportable segments explanatory [Text Block]
The Group is engaged in the business of making and selling a range of fresh, healthy, tasty, and innovative food products. The Company has
identified business segments as its primary segment and geographic segments as its secondary segment. Segments have been identified
considering the nature of the products, the differing risks and returns, the organisational structure and internal reporting system.
42 Details of business segment - Primary segment
The Group predominantely deals in fresh dips, ambient dips, sauces, bakery products, tea, chips and herbs seasoning, cold-pressed
juices and soups which are subject to same risk and returns. Accordingly the Company has only one business segment and the
disclosures under accounting standard 17 on primary business segment have not been disclosed.
Details of secondary segment - geographical segment
Particulars As at March 31, 2023 As at March 31, 2022
Within India Outside India Total Within India Outside India Total
105
Segment revenue 30,677.11 43.91 30,721.03 20,376.52 182.81 20,559.33
Carrying value of segment

22,018.76 - 22,018.76 28,606.90 20.13 28,627.03
assets
Addition to tangible assets 669.12 - 669.12 325.56 - 325.56
Revenue from Major Customers : ended ended
March 31, 2023 March 31, 2022
There is a customer having revenue amounting to 10% or more of

Group’s total revenue as per the below details:
One Customer 3,288.11 1,079.97
3,288.11 1,079.97
106
107
[201400] Notes - Leases

Textual
Disclosure of leases explanatory [Text Block] Information (19)
Whether any operating lease has been converted to financial lease or vice-versa No No
Disclosure of future minimum lease payments receivable under non cancellable operating leases by lessor [Table] ..(1)

Later than one year and not later than five
Maturity [Axis] Not later than one year [Member] years [Member]
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of future minimum lease payments receivable under
non cancellable operating leases by lessor [Abstract]
Disclosure of future minimum lease payments receivable under
non cancellable operating leases by lessor [Line Items]
Minimum operating lease payments receivable 462.38 51.6 1,722.98 5.75
Disclosure of future minimum lease payments receivable under non cancellable operating leases by lessor [Table] ..(2)

Maturity [Axis] Later than five years [Member]
Disclosure of future minimum lease payments receivable under non cancellable operating leases by lessor
[Abstract]
Disclosure of future minimum lease payments receivable under non cancellable operating leases by lessor
[Line Items]
Minimum operating lease payments receivable 467.82 0
Textual information (19): Disclosure of leases explanatory [Text Block]
Lease rentals in respect of operating lease arrangements are charged to expense in the Statement of Profit and Loss on straight line over the
non-cancellable term of lease.
33 Leases
As a lessee:
(i) Operating Lease
108
The Holding Company has entered into operating lease arrangements for office premises. These lease arrangements range from a
period of 1 year to 9 years, which include both cancellable and non-cancellable lease. Most of the leases are renewable for a further
period based on mutual agreement with the parties and also include escalation clause. The Holding Company has entered into some
sub-leases and all such sub-leases are cancellable and are for a period of 11 months, with an option of renewal on mutually agreeable
terms.
March 31, 2023 March 31, 2022
With respect to all operating leases:
Lease payments recognised in the Statement of Profit and Loss

967.20 609.59
during the year
With respect to non - cancellable operating leases, the future minimum lease payments are as follows:
March 31, 2023 March 31, 2022
Future minimum lease payments:
109
- not later than one year 462.38 51.60
- later than one year and not later than five years 1,722.98 5.75
- more than five years 467.82
110
[201500] Notes - Impairment

Period FY 2023
Textual
Disclosure of impairment of assets explanatory [Text Block] Information (20)
Textual information (20): Disclosure of impairment of assets explanatory [Text Block]
The carrying amounts of assets are reviewed at each balance sheet date in accordance with Accounting Standard 28 ‘Impairment of Assets’ to
determine whether there is any indication of impairment. If any such indication exists, the asset’s recoverable amount is estimated. An
impairment loss is recognised whenever the carrying amount of an asset exceeds its recoverable amount. Impairment losses are recognised in
the Statement of Profit and Loss. An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable
amount. An impairment loss is reversed only to the extent that the asset’s carrying amount that would be have been determined net of
depreciation or amortization, if no impairment loss had been recognised.
111
[201600] Notes - Related party

Period FY 2023
Textual
Disclosure of notes on related party explanatory [Text Block] Information (21)
Other information subsidiary details [Abstract]
Whether company is subsidiary company No
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] 1 2
Period FY 2023 FY 2022 FY 2023 FY 2022
Disclosure of relationship and transactions between related
parties [Abstract]
parties [Line Items]
ANJU ANJU
CHAUDHRI CHAUDHRI ARJUN ARJUN
Name of related party SRIVASTAVA SRIVASTAVA SRIVASTAVA SRIVASTAVA
Country of incorporation or residence of related party INDIA INDIA INDIA INDIA
Permanent account number of related party AMLPS0037L AMLPS0037L ABAPS1136J ABAPS1136J
Key Management Key Management Key Management Key Management
Description of nature of related party relationship Personnel Personnel Personnel Personnel
Managerial Managerial
Managerial remuneration , Managerial remuneration, rent
Description of nature of transactions with related party remuneration rent paid remuneration paid
Related party transactions [Abstract]
Other related party transactions expense 5.5 1.1
Transaction relating to key management personnel [Abstract]
Remuneration for key managerial personnel 82.38 83.19 82.38 83.19
Amount written off during period in respect of debts due from
related parties 0 0 0 0
Amount written back during period in respect of debts due to

Period FY 2023 FY 2022 FY 2023 FY 2022
parties [Abstract]
Vikram Aditya Vikram Aditya Srivardhan Srivardhan
Name of related party Chaudhri Chaudhri Sethuram Sethuram
Permanent account number of related party AVVPC5576F AVVPC5576F ARKPS4935K ARKPS4935K
Key Management Key Management Key Management Key Management
Description of nature of related party relationship Personnel Personnel Personnel Personnel
Managerial Managerial
Managerial remuneration, rent Managerial remuneration, rent
Description of nature of transactions with related party remuneration paid remuneration paid
Remuneration for key managerial personnel 54.65 45.29 35.09 9.31
112

Period FY 2023 FY 2022 FY 2023 FY 2022
parties [Abstract]
Name of related party Zoha Chaudhri Zoha Chaudhri Omar Srivastava Omar Srivastava
Permanent account number of related party ATEPC8487G ATEPC8487G NVWPS5648G NVWPS5648G
Relatives of Key Relatives of Key Relatives of Key Relatives of Key
management management management management
Description of nature of related party relationship personnel personnel personnel personnel
Description of nature of transactions with related party Salary Salary Salary Salary
Other related party transactions expense 13.73 13.15 18.22 13.39
Remuneration for key managerial personnel 0 0 0 0

Period FY 2023 FY 2022 FY 2023 FY 2022
parties [Abstract]
Umeshwari Umeshwari Grand Anicut Grand Anicut
Name of related party Machani Machani Trust-2 Trust-2
Permanent account number of related party AAOPU1851D AAOPU1851D AADTG2350C AADTG2350C
Relatives of Key Relatives of Key
management management
Description of nature of related party relationship personnel personnel Others Others
Debenture issued Debenture issued
& Interest on & Interest on
Description of nature of transactions with related party Salary Salary debentures paid debentures paid
Other related party transactions expense 35.09 9.31 924.96 658.64
Other related party transactions contribution made 5,000 1,000
Remuneration for key managerial personnel 0 0 0 0

Categories of related parties [Axis] 9 10 11
Period FY 2023
Disclosure of relationship and transactions between related parties [Abstract]
Disclosure of relationship and transactions between related parties [Line Items]
Name of related party Ramesh Menon Sumit Chugh Armaan Kapoor
Country of incorporation or residence of related party INDIA INDIA INDIA
Permanent account number of related party AHXPM3214G AGTPC8672P BOOPK5892R
Key Management Key Management Key Management
Description of nature of related party relationship Personnel Personnel Personnel
Managerial Managerial Managerial
Description of nature of transactions with related party remuneration remuneration remuneration
Remuneration for key managerial personnel 185.27 54.13 12.42
Amount written off during period in respect of debts due from related parties 0 0 0
Amount written back during period in respect of debts due to related parties 0 0 0
113
Textual information (21): Disclosure of notes on related party explanatory [Text Block]
31 Related party disclosures
a Name of related parties
i Related party and nature of the relationship where control exists
1. Anju Chaudhri Srivastava Managing Director
2. Arjun Srivastava Whole Time Director
3. Sequoia Capital Investment IV Investor
4. ResponsAbility Agriculture I, SLP Investor
5. Boopendradas Sunger Significant Beneficial Owner
6. Grand Anicut Trust 1 Investor (w.e.f. October 28, 2019)
114
7. Grand Anicut Trust 2 Investor (w.e.f. October 28, 2019)
8. Investcorp Private Equity Fund II Investor (w.e.f. November 03, 2021)
9. ON Mauritius Investor (w.e.f. November 10, 2021)
10. Ohana Holdings, LLC Investor (w.e.f. November 10, 2021)
11. ON Mauritius II Investor (w.e.f. December 1, 2022)
Related party and nature of the relationship with whom transaction have taken place during the
ii
year.
Subsidiary
GeorgiaDakota Foods Private Limited ((w.e.f. September 17, 2018)
RAW Pressery Private Limited (w.e.f. February 28, 2021)
Saucery Foods Private Limited (w.e.f. November 20 , 2021)
115
Green Light Foods Private Limited (w.e.f. December 20 , 2021)
Dharmya Business Ventures Private Limited (w.e.f April 25, 2022)
Key Management Personnel (“KMP”)
Anju Chaudhri Srivastava, Managing director
Arjun Srivastava, Whole time director
Vikram Aditya Chaudhri, Chief Operating Officer of subsidiary company
Ramesh Menon, Chief Executive Officer (w.e.f. May 12, 2022 till October 30, 2022)
Sumit Chugh, Chief financial officer (w.e.f. September 13, 2022 till November 16, 2022)
Srivardhan Sethuram, Director of subsidiary Company
Armaan Kapoor, Chief Executive Officer of subsidiary company
Ashvin Chadha, Additonal Director
116
Relative of KMP:
Zoha Chaudhri
Omar Srivastava
Umeshwari Machani
Arun Lakshminarayan
Other related parties
Investcorp India Asset Manager Private Limited
Atma Ram Builders Private Limited (partial owner of a subsidiary)
117
[201700] Notes - Government grants

Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
118
[201900] Notes - Income taxes

Textual
Disclosure of notes on income taxes explanatory [Text Block] Information (22)
Disclosure of breakup of deferred tax assets and deferred tax liabilities [Abstract]
Components of deferred tax assets [Abstract]
Deferred tax asset, other 0.29 0
Total deferred tax assets 0.29 0
Components of deferred tax liabilities [Abstract]
Deferred tax liability, other 0 1.73
Total deferred tax liabilities 0 1.73
Textual information (22): Disclosure of notes on income taxes explanatory [Text Block]
Tax expense for the period, comprising current tax and deferred tax, are included in the determination of the net profit or loss for the period.
Current tax is measured at the amount expected to be paid to the tax authorities in accordance with the taxation laws prevailing in the respective
jurisdictions.
Deferred tax is recognised for all the timing differences, subject to the consideration of prudence in respect of deferred tax assets. Deferred tax
assets on losses are recognized and carried forward only to the extent that there is a virtual certainty that sufficient future taxable income shall be
available against which such deferred tax assets can be realized. Deferred tax assets on other than losses are recognized only if there is
measurable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realised. Deferred tax
assets and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date.
Deferred tax assets and deferred tax liabilities are offset when there is a legally enforceable right to set off assets against liabilities representing
current tax and where the deferred tax assets and the deferred tax liabilities relate to taxes on income levied by the same governing taxation
laws.
119
[202100] Notes - Other provisions, contingent liabilities and contingent assets

Period FY 2023
Textual
Disclosure of contingent liabilities explanatory [Text Block] Information (23)
Disclosure of other provisions [Table]

Classes of other provisions [Axis] Miscellaneous other provisions [Member]
Disclosure of other provisions [Abstract]
Disclosure of other provisions [Line Items]
Reconciliation of changes in other provisions [Abstract]
Changes in other provisions [Abstract]
Additional provisions, other provisions 0 68.4
Unused provision reversed, other provisions 59.74 0
Total changes in other provisions -59.74 68.4
Other provisions at end of period 10.51 70.25
-Provision for
VAT -Provision
for Reversal of
input GST on sale
of Fixed Assets
-Provision for -Provision for
Description of nature of obligation other provisions Sales Returns Sales Returns
Textual information (23): Disclosure of contingent liabilities explanatory [Text Block]
Contingent liabilities are disclosed when there is 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 Group or a present obligation that
arises from past events where it is either not probable that an outflow of resources will be required to settle or a reliable estimate of the amount
cannot be made.
40 Contingent liabilities (to the extent not provided for)
(a) During the previous year, the Holding Company received a communication of proposed adjustment from Income Tax Authorities for
the difference between return of income tax and tax audit report for the assessment year 2020-21 respectively. The Company has filed its
response with the Income Tax Department and is waiting for the final order. Currently it is not practicable for the Company to estimate the
timings of cash outflows, if any, in respect of the above pending resolution of the respective proceedings.
120
(b) The Group has given guarantees aggregating Rs. 3,500 lakhs (March 31, 2022: Nil) in favour of Catalyst Trusteeship Limited for Rs.
3,500 lakhs (March 31, 2022: Rs. Nil) guaranteeing the financial liability of a subsidiary RAW Pressery Private Limited ('RPPL') for the
purpose of issuance of debenture for RPPL's business operations including working capital.
(c) For subsidiary companies:
March 31, 2023 March 31, 2022
Bank guarantee for EPCG License # 82.50 82.50
Bank guarantee for MAPMC License for import / export / commission

trade of fresh produce
Bank guarantee for Registration under MPCB
Income Tax Demand for AY 2018-19*
Tax Liability 8,927.75 8,927.75
121
Interest and Penalty 3,391.00 3,391.00
12,318.75 12,318.75
12,401.25 12,401.25
# During the financial year 2015-16 the subsidiary company had availed exemption under the Export Promotion Capital Goods (EPCG) Scheme
wide license no. 0330041957 granted on June 26, 2015 by Foreign Trade Development Officer, Mumbai on import of plant and machinery
(Hiperbaric 55 - High pressure equipment for food processing and Juice Rite Model 400 - Juice processing machine) wherein in the Company is
required to fulfil export obligation on Free on Board (FOB) basis, equivalent to six times the duty saved on the plant and machinery imported,
within a period of six years from the date of issue of authorization. Total duty saved by the Company on import was Rs. 74.93 lakhs in respect of
which the Company had already given a bank guarantee amounting to Rs. 82.50 lakhs to the department of customs. The Company was not
able to fulfil its export obligation within the stipulated time period and therefore filed an application dated October 7, 2021 to Foreign Trade
Development Officer, Mumbai for redemption of the EPCG license.
The Company wide letter dated October 27, 2021 received a redemption authorization from Foreign Trade Development Officer, Mumbai in
which the Company was required to pay an amount of Rs. 20.17 lakhs (along with interest) due to non fulfilment of its export obligation. The
Company paid the respective amount along with the interest on October 29, 2021 and received a permission for re-export of plant and
machinery (which was imported under EPCG scheme) wide letter dated Nov 17, 2021 from Superintendent of Customs, EPCG cell, Mumbai.
The bank guarantee given by the Company to the department of customs is not redeemed till March 31, 2023.
122
* Demand for income tax including interest aggregating to Rs. 12,318.75 lakhs (March 31, 2021: Rs. 12,318.75 lakhs) for the assessment year
2018-19 is disputed by the Company on account of additions made by the Assessing Officer amounting to Rs. 11,556.95 lakhs on account of
unexplained cash credits under section 68 of the Income Tax Act 1961. The Company received the assessment order along with the demand
notice to the tune of Rs. 12,318.75 lakhs dated April 23, 2021 from the Assessing Officer. The Company disputed the assessment order passed
by the Assessing Officer and filed an appeal before the Commissioner of Income tax (Appeals).
The Commissioner of Income tax (Appeals) vide its order dated January 22, 2022 confirmed the additions made by the Assessing Officer.
Consequently, in response to the order passed by the Commissioner of Income tax (Appeals), the Company preferred an appeal before the
Income Tax Appellate Tribunal on February 3, 2022.
During the year, the Income Tax Appellate Tribunal adjudicated in favour of the Company in its order dated August 24, 2022 and set aside the
assessment made by the Assessing Officer and referred back the case to the Assessing Officer for de novo assessment in certain matters and
issue a rectified assessment order after verification of required documents. The Assessing Officer passed an Order Giving Effect to the Order of
the Income Tax Appellate Tribunal dated December 27, 2022 and determined the demand to be Nil. However, the final rectified assessment
order from the Assessing Officer is yet to be received by the Company.
During the year, the Company also received a notice dated April 13, 2022 under section 148 of the Income Tax Act, 1961 to initiate faceless
reassessment proceedings against the Company for the assessment year 2018-19. The Company submitted its reply dated May 4, 2022 to the
notice issued by the department and disputed the validity of the notice based on non-existence of prerequisites specified under section 148 of
the Income Tax Act, 1961 required to issue any notice under this section. The Company has also submitted the information sought by the
department in its notice dated February 3, 2023 issued under section 143(2) of the Act. No further communication is received from the
department in this regard.
(d) The Group will continue to assess the impact of further developments relating to retrospective application of Supreme Court Judgment in
case of "Vivekananda Vidyamandir And Others Vs The Regional Provident Fund Commissioner (II) West Bengal" and the related circular
(Circular No. C-I/1(33)2019/Vivekananda Vidya Mandir/284) dated March 20, 2019 clarifying the definition of 'basic wages' under Employees'
Provident Fund and Miscellaneous Provisions Act 1952 and deal with it accordingly. In the assessment of the management, the aforesaid matter
is not likely to have a significant impact and accordingly, no provision has been made in these Consolidated Financial Statements.
B. Other money for which the Group is contingently liable
The Group has created hypothecation on the movable property (including Property, plant and equipment, intangible assets and current assets)
of the Group in favour of Grand Anicut Fund - 2 in respect of non-convertible debentures issued by it during the year. The Group has created a
first charge on pari-passu basis on the before mentioned assets of the Group.
123
[202600] Notes - Consolidated financial statements

Period FY 2023
Whether consolidated financial statements is applicable on company Yes
Description of reason for not consolidating subsidiary NA
Description of fact that uniform accounting policies are not adopted for consolidated financial statements NA
Proportion of items in consolidated financial statements to which different accounting policies have been applied 0%
Disclosure of details of subsidiaries [Table] ..(1)

Subsidiaries [Axis] 1 2 3 4
Period FY 2023
Disclosure of details of subsidiaries [Abstract]
Disclosure of details of subsidiaries [Line Items]
GEORGIADAKO RAW SAUCERY GREEN LIGHT
TA FOODS PRESSERY FOODS FOODS
PRIVATE PRIVATE PRIVATE PRIVATE
Name of subsidiary consolidated LIMITED LIMITED LIMITED LIMITED
Country of incorporation or residence of subsidiary
consolidated INDIA INDIA INDIA INDIA
Proportion of ownership interest in subsidiary consolidated 73.88% 100% 100% 100%
Proportion of voting power held in subsidiary consolidated 73.88% 100% 100% 100%
Description of nature of relationship with subsidiary where Subsidiary Subsidiary Subsidiary Subsidiary
parent has directly or indirectly less than half of voting power company company company company
Disclosure of details of subsidiaries [Table] ..(2)

Subsidiaries [Axis] 5
Period FY 2023
Disclosure of details of subsidiaries [Abstract]
Disclosure of details of subsidiaries [Line Items]
Dharmya
Business Ventures
Name of subsidiary consolidated Private Limited
Country of incorporation or residence of subsidiary consolidated INDIA
Proportion of ownership interest in subsidiary consolidated 100%
Proportion of voting power held in subsidiary consolidated 100%
Subsidiary
Description of nature of relationship with subsidiary where parent has directly or indirectly less than half of voting power company
Disclosure of details of entities consolidated [Table] ..(1)

Entities consolidated [Axis] 1 2 3 4
Period FY 2023
Disclosure of additional information consolidated financial
statements [Abstract]
Disclosure of additional information consolidated financial
statements [Line Items]
Georgia Dakota Green Light
Wingreens Farms Foods Private RAW Pressery Foods Private
Name of entity consolidated Private Limited Limited Private Limited Limited
Type of entity consolidated Parent Indian Subsidiary Indian Subsidiary Indian Subsidiary
Amount of net assets of entity consolidated 12,487.27 -313.02 -5,834.76 -1,002.61
Net assets of entity as percentage of consolidated net assets 300.79% 7.54% 140.54% 24.15%
Amount of share in profit or loss of entity consolidated -11,477.71 -26.27 -3,995.2 -1,434.89
Share in profit or loss of entity as percentage of consolidated
profit or loss 63.79% 0.15% 22.2% 7.97%
Disclosure of details of entities consolidated [Table] ..(2)
124
Entities consolidated [Axis] 5 6

Period FY 2023
Disclosure of additional information consolidated financial statements [Abstract]
Disclosure of additional information consolidated financial statements [Line Items]
Dharmya
Saucery Foods Business Ventures
Name of entity consolidated Private Limited Private Limited
Type of entity consolidated Indian Subsidiary Indian Subsidiary
Amount of net assets of entity consolidated -365.97 -819.36
Net assets of entity as percentage of consolidated net assets 8.82% 19.74%
Amount of share in profit or loss of entity consolidated -263.11 -796.22
Share in profit or loss of entity as percentage of consolidated profit or loss 1.46% 4.43%
125
[202700] Notes - Cash flow statements

Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 45.96 (A) 115.86
Other differences to cash and cash equivalents in statement of cash flows (B) -0.05 (C) 0
Total cash and cash equivalents 46.01 115.86
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 90.05 0
Total income taxes paid (refund) 90.05 0
Footnotes
(A) Cash and cash equivalents as at the beginning of the year : 115.86 Cash balance acquired as part of acquisition of subsidiaries : 0.05
(B) calculation difference : -0.05
(C) calculation difference : 0
126
[300100] Notes - Revenue

Period FY 2023
Textual
Disclosure of revenue explanatory [Text Block] Information (24)
Textual information (24): Disclosure of revenue explanatory [Text Block]
Revenue from sale of goods is recognised when all significant risks and rewards of ownership in goods are transferred to the customer, which
coincides with dispatch of goods to the customers. The company collects Goods and Service Tax (GST) on behalf of the government and,
therefore, these are not economic benefits flowing to the company. Hence, they are excluded from revenue.
127
[300300] Notes - Earnings per share

Textual
Disclosure of earnings per share explanatory [Text Block] Information (25)
Adjustments of numerator to calculate basic earnings per share [Abstract]
Profit (loss) for period -17,993.4 -9,290.73
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period -17,993.4 -9,290.73
Textual information (25): Disclosure of earnings per share explanatory [Text Block]
The earnings considered in ascertaining the Group’s earnings per share (‘EPS’) comprises the net profit after tax. The number of shares used in
computing the Basic EPS is the weighted average number of shares outstanding during the year. The diluted EPS is calculated on the same
basis as basic EPS, after adjusting for the effects of potential dilutive equity shares.
128
[300400] Notes - Employee share-based payments

Period FY 2023
Textual
Disclosure of notes on employee share-based payment arrangements explanatory [Text Block] Information (26)
Textual information (26): Disclosure of notes on employee share-based payment arrangements explanatory [Text Block]
Equity settled stock options granted under “Wingreens Farms Employee Stock Option Scheme 2016” are accounted for as per the accounting
treatment prescribed by the Guidance Note on Employee Share-based Payments issued by the Institute of Chartered Accountants of India as
required. The intrinsic value of the option being excess of market value of the underlying share immediately prior to date of grant over its exercise
price is recognised as deferred employee compensation with a credit to employee stock option outstanding account. The deferred employee
compensation is charged to Statement of Profit and Loss on straight line basis over the vesting period of the option. The options that lapse are
reversed by a credit to employee compensation expense, equal to the amortised portion of value of lapsed portion and credit to deferred
employee compensation expense equal to the un-amortised portion.
129
[300500] Notes - Subclassification and notes on income and expenses

Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross 30,578.99 20,559.33
Total revenue from sale of products (A) 30,578.99 (B) 20,559.33
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Total revenue from sale of services 0 0
Disclosure of other operating revenues [Abstract]
Other operating revenues [Abstract]
Miscellaneous other operating revenues 142.04 0
Total other operating revenues 142.04 0
Disclosure of other income [Abstract]
Textual
Disclosure of notes on other income explanatory [Text Block] Information (27)
Interest income [Abstract]
Total interest income 0 0
Dividend income [Abstract]
Total dividend income 0 0
Other non-operating income [Abstract]
Surplus on disposal, discard, demolishment and destruction of depreciable tangible asset 15.45 0
Interest on income tax refund 0.47 0
Liabilities written off -55.14 -108.59
Miscellaneous other non-operating income (C) 330.77 (D) 394.47
Total other non-operating income 401.83 503.06
Total other income 401.83 503.06
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Interest expense borrowings 1,110.64 854.77
Other interest charges (E) 141.55 (F) 44.37
Total interest expense 1,252.19 899.14
Total finance costs 1,252.19 899.14
Employee benefit expense [Abstract]
Salaries and wages 6,247.66 3,872.66
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 295 173.94
Total contribution to provident and other funds 295 173.94
Expense on employee stock option scheme and employee stock purchase plan 306.92 448.42
Gratuity 39.1 137.3
Staff welfare expense 103.49 70.89
Other employee related expenses 152.63 130.21
Total employee benefit expense 7,144.8 4,833.42
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 333.59 292.33
Power and fuel 75.91 101.39
Rent 967.2 609.59
Repairs to building 0 0
Repairs to machinery 132.01 54.85
Insurance 16.69 26.61
Rates and taxes excluding taxes on income [Abstract]
Total rates and taxes excluding taxes on income 0 0
Electricity expenses 149.69 91.82
Printing stationery 26.83 11.12
Information technology expenses 96.46 29.42
Travelling conveyance 514.84 332.73
Legal professional charges 496.28 799.95
Safety security expenses 20.7 21.67
Directors sitting fees 0 0
Donations subscriptions 1.72 1.63
Bank charges 6.93 28.15
Advertising promotional expenses (G) 11,389.27 (H) 6,285.11
130
Commission paid other selling agents 137.28 28.31

Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 0 0
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Total miscellaneous expenditure written off 0 0
Inventories written off 595.69 73.4
Bad debts written off 261.5 55.4
Bad debts advances written off 0 0
Other assets written off 6 17.94
Total write-off assets 863.19 146.74
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable tangible asset 0 0
Payments to auditor [Abstract]
Payment for audit services 53.98 58.1
Payment for taxation matters 1.35 3.32
Payment for reimbursement of expenses 1.21 0
Total payments to auditor 56.54 61.42
Miscellaneous expenses (I) 10,589.25 (J) 5,159.69
Total other expenses 25,874.38 14,082.53
Footnotes
(C)
- from banks : 56.1 Profit on sale of investment of mutual funds : 258.97 Trade Payable Write-back : 0 Foreign exchange gain : 1.08
Miscellaneous receipts : 14.62
(D)
- from banks : 59.29 Profit on sale of investment of mutual funds : 244.82 Trade Payable Write-back : 9.92 Foreign exchange gain : 0
Miscellaneous receipts : 80.44
(E) Interest on delay payment of statutory dues : 11.4 Interest others : 0 Interest on delay payment to MSME : 130.15
(F) Interest on delay payment of statutory dues : 8.74 Interest others : 0.27 Interest on delay payment to MSME : 35.36
(G) Business promotion : 6279.93 Advertisement and publicity : 5109.34
(H) Business promotion : 4313.04 Advertisement and publicity : 1972.07
(I)
Freight and forwarding charges : 2650.9 Damages and wastages : 2751.88 Share Issue Expenses : 1 Rates fees and taxes : 406.32 Contractor
wages : 1279.89 Designing expenses : 1.45 Distributors claim : 199.65 Office maintenance expenses : 91.74 -Others : 85.99 Bad debts written
off : 261.5 Provision for doubtful debts : 1695.82 Recruitment Charges : 1.59 Product development expenses : 75.66 Equipment Hiring Charges :
61.72 Miscellaneous expenses : 52.27 Communication expenses : 24.9 Labour and housekeeping charges : 0.04 Advances/ Deposits written off
: 4.94 Provision for obsolete inventories : 77.56 Inventory Written off : 595.69 Foreign Exchange Loss : 0 Warehousing Expenses : 182.22
Property, plant and equipment written off : 6 Conversion Cost for Outsourced Production : 943.72 calculation difference : -0.01
(J)
Freight and forwarding charges : 1248.74 Damages and wastages : 1553.18 Share Issue Expenses : 12.4 Rates fees and taxes : 171.66
Contractor wages : 363.06 Designing expenses : 25.31 Distributors claim : 0 Office maintenance expenses : 38.45 -Others : 104.78 Bad debts
written off : 55.4 Provision for doubtful debts : 603.21 Recruitment Charges : 5.97 Product development expenses : 47.44 Equipment Hiring
Charges : 0 Miscellaneous expenses : 55.9 Communication expenses : 25.76 Labour and housekeeping charges : 3.38 Advances/ Deposits
written off : 0 Provision for obsolete inventories : 25.42 Inventory Written off : 73.4 Foreign Exchange Loss : 1.66 Warehousing Expenses : 0
Property, plant and equipment written off : 17.94 Conversion Cost for Outsourced Production : 873.37 calculation difference : 0
Textual information (27): Disclosure of notes on other income explanatory [Text Block]
Interest income is recognised using the time proportion basis taking into account the amount outstanding and interest rate applicable.
131
[300600] Notes - Additional information statement of profit and loss

Additional information on profit and loss account [Abstract]
Changes in inventories of finished goods, work-in-progress and stock-in-trade [Abstract]
Changes in inventories of finished goods -166.01 -297.29
Changes in inventories of work-in-progress 5.32 7.42
Changes in inventories of stock-in-trade 15.34 -39.27
Total changes in inventories of finished goods, work-in-progress and stock-in-trade -145.35 -329.14
Details of individual items of exceptional and extraordinary nature [Abstract]
Exceptional items after tax [Abstract]
Exceptional items before tax 0 -1,991.89
Total exceptional items 0 -1,991.89
Total exceptional and extraordinary items 0 -1,991.89
Expenditure in foreign currency [Abstract]
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Details of dividend remitted in foreign currency [Abstract]
Amount of dividend remitted in foreign currency [Abstract]
Total amount of dividend remitted in foreign currency 0 0
Details of earnings in foreign currency [Abstract]
Total earnings in foreign currency 0 0
Breakup of revenue as export and domestic [Abstract]
Revenue from sale of products [Abstract]
Domestic turnover goods, gross [Abstract]
Domestic sale manufactured goods 24,058.46 20,044.9
Domestic sale traded goods 6,520.53 514.43
Total domestic turnover goods, gross 30,578.99 20,559.33
Total revenue from sale of products (A) 30,578.99 (B) 20,559.33
Revenue from sale of services [Abstract]
Total revenue from sale of services 0 0
Gross value of transaction with related parties as per AS-18 0 0
Bad debts of related parties as per AS-18 0 0
Footnotes
132
[400100] Disclosure of general information about company

Disclosure of general information about company [Abstract]
Disclosure of company information [Abstract]
WINGREENS
FARMS
PRIVATE
Name of company LIMITED
U01400HR2011P
Corporate identity number TC043400
Permanent account number of entity AABCW1373L
No. 216-A ,2nd
Floor, , Enkay
Tower, Wing- A,
Udyog Vihar,
Phase V ,
Gurgaon ,
HARYANA ,
Address of registered office of company INDIA - 122016
Commercial and
Type of industry Industrial
Disclosure of document information [Abstract]
Date of start of reporting period 01/04/2022 01/04/2021
Date of end of reporting period 31/03/2023 31/03/2022
Nature of report standalone consolidated Consolidated
Financial
Content of report Statements
Description of presentation currency INR
Level of rounding used in financial statements Lakhs
Type of cash flow statement Indirect Method
133
[400200] Disclosures - Auditors report

Period FY 2023
Textual
Disclosure in auditor’s report explanatory [Text Block] Information (28)
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or contains adverse remarks Yes
Textual
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report Information (29)
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table]

Auditor's Clause not
favourable remark applicable
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] [Member] [Member]
Period FY 2023
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Line Items]
Textual
Disclosure in auditors report relating to fixed assets Information (30)
NO
DISCLOSURE
Disclosure in auditors report relating to inventories REQUIRED
Textual
Disclosure in auditors report relating to loans Information (31)
Textual
Disclosure about loans granted to parties covered under section 189 of companies act Information (32)
Textual
Disclosure relating to terms and conditions of loans granted Information (33)
Textual
Disclosure regarding receipt of loans granted Information (34)
Textual
Disclosure regarding terms of recovery of loans granted Information (35)
Textual
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 Information (36)
NO
DISCLOSURE
Disclosure in auditors report relating to deposits accepted REQUIRED
NO
DISCLOSURE
Disclosure in auditors report relating to maintenance of cost records REQUIRED
Textual
Disclosure in auditors report relating to statutory dues [Text Block] Information (37)
Textual
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block] Information (38)
Textual
Disclosure relating to disputed statutory dues [Text Block] Information (39)
Textual
Disclosure in auditors report relating to default in repayment of financial dues Information (40)
NO
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were DISCLOSURE
raised REQUIRED
NO
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its DISCLOSURE
employees reported during period REQUIRED
NO
DISCLOSURE
Disclosure in auditors report relating to managerial remuneration REQUIRED
NO
DISCLOSURE
Disclosure in auditors report relating to Nidhi Company REQUIRED
NO
DISCLOSURE
Disclosure in auditors report relating to transactions with related parties REQUIRED
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible Textual
debentures Information (41)
NO
DISCLOSURE
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him REQUIRED
134
NO
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, DISCLOSURE
1934 REQUIRED
Details regarding auditors [Table]

Auditors [Axis] 1
Period FY 2023
Details regarding auditors [Abstract]
Details regarding auditors [Line Items]
Category of auditor Auditors firm
Price Waterhouse
Chartered
Name of audit firm Accountants LLP
CHATTOPADHY
Name of auditor signing report AY RAHUL
012754N/N50001
Firms registration number of audit firm 6
Membership number of auditor 096367
Building No. 8,
7th & 8th
Floor,Tower-B
DLF Cyber
City,Gurgaon
Address of auditors Haryana-122002
Permanent account number of auditor or auditor's firm AAFFP3698A
SRN of form ADT-1 R12870168
Date of signing audit report by auditors 27/12/2023
Date of signing of balance sheet by auditors 27/12/2023
Textual information (28): Disclosure in auditor’s report explanatory [Text Block]
INDEPENDENT AUDITOR'S REPORT
To the Members of Wingreens Farms Private Limited
Report on the Audit of the Consolidated Financial Statements Qualified Opinion
• We have audited the accompanying consolidated financial statements of Wingreens Farms Private Limited (hereinafter referred to as the
"Holding Company") and its subsidiaries (Holding Company and its 5 subsidiaries together referred to as "the Group"), which comprise the
consolidated Balance Sheet as at March 31, 2023, and the consolidated Statement of Profit and Loss and the consolidated Cash Flows
Statement for the year then ended, and notes to the consolidated financial statements, including a summary of significant accounting policies and
other explanatory information (hereinafter referred to as "the consolidated financial statements").
• In our opinion and to the best of our information and according to the explanations given to us, except for the indeterminate impact of the matter
described in the 'Basis for Qualified Opinion' section of our report the aforesaid consolidated financial statements give the information required by
the Companies Act, 2013 ("the Act") in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the consolidated state of affairs of the Group, as at March 31, 2023, and consolidated loss and its consolidated cash flows
for the year then ended.
Basis for Qualified Opinion
• We draw your attention to Note 44 to the consolidated financial statements regarding goodwill recognised on acquisition of one of its subsidiary
aggregating to Rs. 1,623 lakhs, for which we were unable to obtain sufficient and appropriate audit evidence to determine whether the Company
has complied with the requirements of Accounting Standard (AS) 28 Impairment of Assets' and whether any adjustment to the carrying value of
the goodwill as at March 31, 2023 were necessary and whether it has any consequential impact on operating expenses and the net loss for the
year.
135
• We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Act. Our responsibilities
under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Consolidated Financial Statements" section of
our report. We are independent of the Group, its associate companies and jointly controlled entities in accordance with the ethical requirements
that are relevant to our audit of the consolidated financial statements in India in terms of the Code of Ethics issued by the Institute of Chartered
Accountants of India and the relevant provisions of the Act, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained and the audit evidence obtained by the other auditors in terms of their reports
referred to in sub-paragraph 13 of the Other Matters section below, is sufficient and appropriate to provide a basis for our qualified opinion.
To the Members of Wingreens Farms Private Limited Report on the Consolidated Financial Statements Page 2 of 6
Emphasis of Matter
• We draw your attention to Note 43 to the consolidated financial statements which states that one of the subsidiaries of the Group has incurred a
net loss of Rs. 3,995.20 lakhs during the year ended March 31, 2023, and, as of that date, the subsidiary's current liabilities exceeded its current
assets by Rs. 296.53 lakhs and accumulated losses aggregated Rs. 34,551.91 lakhs. As stated in the aforesaid note, that subsidiary's ability to
meet its financial obligations during the next one year shall substantially depend on the funding received from the Holding company. The Holding
company has provided a letter of support to demonstrate its commitment towards meeting that subsidiary's financial obligations. Accordingly, the
financial statements of that subsidiary have been prepared on a going concern basis. Our opinion is not modified in respect of this matter.
Other Information
• The Holding Company's Board of Directors is responsible for the other information. The other information comprises the information included in
the Board's report but does not include the consolidated financial statements and our auditor's report thereon.
Our opinion on the consolidated financial statements does not cover the other information and we do not express any form of assurance
conclusion thereon.
In connection with our audit of the consolidated financial statements, our responsibility is to read
the other information and, in doing so, consider whether the other information is materially inconsistent with the consolidated financial
statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed
and the reports of the other auditors as furnished to us, we conclude that there is a material misstatement of this other information, we are
required to report that fact.
We have nothing to report in this regard.
Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements
• The Holding Company's Board of Directors is responsible for the preparation and presentation of these consolidated financial statements in
term of the requirements of the Act that give a true and fair view of the consolidated financial position, consolidated financial performance and
consolidated cash flows of the Group in accordance with the accounting principles generally accepted in India, including the Accounting
Standards specified under Section 133 of the Act. The respective Board of Directors of the companies included in the Group are responsible for
maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for
136
preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and
estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were
operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the
consolidated financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error, which
have been used for the purpose of preparation of the consolidated financial statements by the Directors of the Holding Company, as aforesaid.
• In preparing the consolidated financial statements, the respective Board of Directors of the companies included in the Group are responsible for
assessing the ability of the Group, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting
unless management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so. Also refer paragrah 5
above.
• The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the
Group.
Auditor's Responsibilities for the Audit of the Consolidated Financial Statements
• Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of
assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these consolidated financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We
also:
• Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and
perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.
The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.
Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Holding company has adequate internal
financial controls with reference to consolidated financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by
management.
• Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures
in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a
going concern. Also refer paragraph 5 above.
• Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the
consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
• Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express
an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the audit of the
financial statements of such entities included in the consolidated financial statements of which we are the independent auditors. For the other
entities included in the consolidated financial statements, which have been audited by other auditors, such other auditors remain responsible for
the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
137
• We communicate with those charged with governance of the Holding Company and such other entities included in the consolidated financial
statements of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant
audit findings, including any significant deficiencies in internal control that we identify during our audit.
Other Matter
• We did not audit the financial statements of four subsidiaries whose financial statements reflect total assets of Rs. 463.09 lakhs and net assets
of Rs. (2,492.47) lakhs as at March 31, 2023, total revenue of Rs. 2,392.03 lakhs, loss of Rs. (2,512.03) lakhs and net cash flows amounting to
Rs. (12.89) lakhs for the year ended on that date, as considered in the consolidated financial statements. These financial statements have been
audited by other auditors whose reports have been furnished to us by the Management, and our opinion on the consolidated financial statements
insofar as it relates to the amounts and disclosures included in respect of these subsidiaries and our report in terms of sub-section (3) of Section
143 of the Act including report on Other Information insofar as it relates to the aforesaid subsidiaries, is based solely on the reports of the other
auditors.
Our opinion on the consolidated financial statements, and our report on Other Legal and
Regulatory Requirements below, is not modified in respect of the above matters with respect to our reliance on the work done and the reports of
the other auditors and the financial statements.
Report on Other Legal and Regulatory Requirements
• As required by the Companies (Auditor's Report) Order, 2020 ("CARO 2020"), issued by the Central Government of India in terms of
sub-section (11) of Section 143 of the Act, we give in the Annexure B, a statement on the matter specified in paragraph 3(xxi) of CARO 2020.
• As required by Section 143(3) of the Act, we report, to the extent applicable, that:
• We have sought and except for the indeterminate impact of the matter described in the 'Basis for Qualified Opinion' section of our report,
obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit.
• In our opinion, except for the indeterminate impact of the matter described in the 'Basis for Qualified Opinion' section of our report, proper books
of account as required by law relating to preparation of consolidated financial statements have been kept by the Holding Company so far as it
appears from our examination of those books and the reports of the other auditors. However, in the absence of sufficient appropriate audit
evidence we are unable to verify whether the backup of books of account and other books and papers maintained in electronic mode has been
maintained on a daily basis on servers physically located in India during the year.
( c) The Consolidated Balance Sheet, the Consolidated Statement of Profit and Loss and the Consolidated Statement of Cash Flows dealt with
by this Report are in agreement with the relevant books of account and records maintained for the purpose of preparation of the consolidated
financial statements.
(d) In our opinion, except for the indeterminate impact of the matter described in the 'Basis for Qualified Opinion' section of our report, the
aforesaid consolidated financial statements comply with the Accounting Standards specified under Section 133 of the Act.
138
• On the basis of the written representations received from the directors of the Holding Company as on March 31, 2023 taken on record by the
Board of Directors of the Holding Company and the reports of the statutory auditors of its subsidiary companies incorporated in India, none of the
directors of the Group companies incorporated in India is disqualified as on March 31, 2023 from being appointed as a director in terms of
Section 164(2) of the Act.
• With respect to the maintenance of accounts and other matters connected therewith, reference is made to our comment in paragraph 15(b)
above.
• With respect to the adequacy of internal financial controls with reference to consolidated financial statements of the Group and the operating
effectiveness of such controls, refer to our separate report in Annexure A.
• With respect to the other matters to be included in the Auditor's Report in accordance with Rule of the Companies (Audit and Auditor's) Rules,
2014, in our opinion and to the best of our information and according to the explanations given to us:
• The consolidated financial statements disclose the impact, if any, of pending litigations on the consolidated financial position of the Group —
Refer Note 40 to the consolidated financial statements.
• The Group was not required to recognise a provision as at March 31, 2023 under the applicable law or accounting standards, as it does not
have any material foreseeable losses on long-term contract. The Group did not have any derivative contracts as at March 31, 2023.
• During the year ended March 31, 2023, there were no amounts which were required to be transferred to the Investor Education and Protection
Fund by the Holding Company, and its subsidiary companies incorporated in India.
• (a) The respective Managements of the Holding Company and its subsidiaries which are companies incorporated in India whose financial
statements have been audited under the Act have represented to us and the other auditors of such subsidiaries respectively that, to the best of
their knowledge and belief, no funds (which are material either individually or in the aggregate) have been advanced or loaned or invested (either
from borrowed funds or share premium or any other sources or kind of funds) by the Company or any of such subsidiaries to or in any other
person(s) or entity(ies), including foreign entities ("Intermediaries"), with the understanding, 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 by or on behalf of the
Company or any of such subsidiaries ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries. (Refer Note 46(vi) to the consolidated financial statements).
(b) The respective Managements of the Company and its subsidiaries which are companies incorporated in India whose financial statements
have been audited under the Act have represented to us and the other auditors of such subsidiaries respectively that, to the best of their
knowledge and belief, no funds (which are material either individually or in the aggregate) have been received by the Company or any of such
subsidiaries from any
person(s) or entity(ies), including foreign entities ("Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the
Company or any of such subsidiaries shall, 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")
139
140
141
or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries. (Refer Note 46(vii) to the consolidated financial statements).
(c) Based on the audit procedures, that has been considered reasonable and appropriate in the circumstances, performed by us and those
performed by the auditors of the subsidiaries which are companies incorporated in India whose financial statements have been audited under the
Act, nothing has come to our or other auditor's notice that has caused us or the other auditors to believe that the representations under
sub-clause (i) and (ii) of Rule 11(e) contain any material misstatement.
• The Holding Company and its subsidiary companies have not declared or paid any dividend during the year.
• As proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014 (as amended), which provides for books of account to have the feature of
audit trail, edit log and related matters in the accounting software used by the Group is applicable to the Group only with effect from financial year
beginning April 1, 2023, the reporting under clause (g) of Rule 11 of the Companies (Audit and Auditors) Rules, 2014 (as amended), is currently
not applicable.
16. The provisions of Section 197 read with Schedule V to the Act are applicable only to public companies. Accordingly, reporting under Section
197(16) of the Act is not applicable to the Group.
For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016
Rahul Chattopadhyay
Partner
Membership Number: 096367
UDIN: 23096367BGYYHU3862 Place: New Delhi
Date: December 27, 2023
142
Annexure A to Independent Auditor's Report
Referred to in paragraph 15(g) of the Independent Auditor's Report of even date to the members of [Wingreens Farms Private Limited on the
consolidated financial statements for the year ended March 31, 2023
Page 1 of 3
Report on the Internal Financial Controls with reference to Consolidated Financial Statements under clause (i) of sub-section 3 of Section 143 of
the Act
i. In conjunction with our audit of the consolidated financial statements of the Company as of and for the year ended March 31, 2023, we have
audited the internal financial controls with reference to financial statements of Wingreens Farms Private Limited (hereinafter referred to as "the
Holding Company") and its subsidiary companies, which are companies incorporated in India, as of that date. Reporting under clause (i) of sub
section 3 of Section 143 of the Act in respect of the adequacy of the internal financial controls with reference to financial statements is not
applicable to 3 of its subsidiary companies incorporated in India namely Georgiadakota Foods Private Limited, Saucery Foods Private Limited
and Dharmya Business Ventures Private Limited pursuant to MCA notification GSR 583(E) dated 13 June 2017.
Management's Responsibility for Internal Financial Controls
• The respective Board of Directors of the Holding company and one of its subsidiary company to whom reporting under clause (i) of sub section
3 of Section 143 of the Act in respect of the adequacy of the internal financial controls with reference to financial statements is applicable, which
are companies incorporated in India, are responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India (ICAI). These
responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for
ensuring the orderly and efficient conduct of its business, including adherence to the respective company's policies, the safeguarding of its
assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation
of reliable financial information, as required under the Act.
Auditor's Responsibility
• Our responsibility is to express an opinion on the Company's internal financial controls with reference to financial statements based on our
audit. We conducted our audit in accordance with the Guidance Note issued by the ICAI and the Standards on Auditing deemed to be prescribed
under Section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls, both applicable to an audit of
internal financial controls and both issued by the ICAI. Those Standards and the Guidance Note require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls with reference to financial
statements was established and maintained and if such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system with reference to
financial statements and their operating effectiveness. Our audit of internal financial controls with reference to financial statements included
obtaining an understanding of internal financial controls with reference to financial statements, assessing the risk that a material weakness
exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected
depend on the auditor's judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to
fraud or error.
143
Page 2 of 3
• We believe that the audit evidence we have obtained and the audit evidence obtained by the other auditors in terms of their reports referred to
in the Other Matters paragraph below is sufficient and appropriate to provide a basis for our qualified audit opinion on the Holding Company's
internal financial controls system with reference to consolidated financial statements.
Meaning of Internal Financial Controls with reference to financial statements
• A company's internal financial control with reference to financial statements is a process designed to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted
accounting principles. A company's internal financial control with reference to financial statements includes those policies and procedures that (1)
pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the
company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in
accordance with authorisations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or
timely detection of unauthorised acquisition, use, or disposition of the company's assets that could have a material effect on the financial
statements.
Inherent Limitations of Internal Financial Controls with reference to financial statements
• Because of the inherent limitations of internal financial controls with reference to financial statements, including the possibility of collusion or
improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any
evaluation of the internal financial controls with reference to financial statements to future periods are subject to the risk that the internal financial
control with reference to financial statements may become inadequate because of changes in conditions, or that the degree of compliance with
the policies or procedures may deteriorate.
Basis for Qualified Opinion
• According to the information and explanations given to us and based on our audit, material weakness has been identified in the operating
effectiveness of the Company's internal financial controls over financial reporting as at March 31, 2023 in respect of year-end financial reporting
process related to impairment assessment of the carrying value of goodwill recognized on acquisition of subsidiary company as at March 31,
2023, which may result into potential noncompliance with Accounting Standard (AS) 28 'Impairment of Assets' and potential adjustment to the
carrying amount of the goodwill as at March 31, 2023 and consequent impact on operating expenses and the net loss for the year . (Also refer
paragraph 3 of our audit report on the financial statements).
• A 'material weakness' is a deficiency, or a combination of deficiencies, in internal financial control over financial reporting, such that there is a
reasonable possibility that a material misstatement of the company's annual financial statements will not be prevented or detected on a timely
basis.
Qualified Opinion
to. In our opinion, the Holding Company and its subsidiary company incorporated in India has maintained, in all material respects, adequate
internal financial controls with reference to financial statements and except for the possible effects of the material weakness described in the
'Basis for
144
Qualified Opinion' paragraph above on the achievement of the objectives of the control criteria, such internal financial controls with reference to
financial statements were operating effectively as
Page 3 of 3
of March 31, 2023, based on the internal control over financial reporting criteria established by the
Company considering the essential components of internal control stated in the Guidance Note issued by the ICAL
11.We have considered the material weakness identified and reported above in determining the nature, timing, and extent of audit tests applied
in our audit of the consolidated financial statements of the Holding Company for the year ended March 31, 2023, and the material weakness has
affected our opinion on the consolidated financial statements of the Holding Company for the year ended on that date and we have issued a
qualified opinion on the consolidated financial statements. (Refer paragraph 3 of the main audit report)
Other Matters
12. Our aforesaid reports under Section 143(3)(i) of the Act on the adequacy and operating effectiveness of the internal financial controls with
reference to financial statements insofar as it relates to two of its subsidiary company, which is incorporated in India, is based on the
corresponding reports of the auditors of the subsidiary company incorporated in India. Our opinion is not modified in respect of this matter.
For Price Waterhouse Chartered Accountants LLP Firm Registration Number:012754N/N500016
Rahul Chattopadhyay
Partner
145
UDIN: 23096367BGYYHU3862 Place: New Delhi
Annexure B to Independent Auditors' Report
Referred to in paragraph 14 of the Independent Auditors' Report of even date to the members of Wingreens Farms Private Limited on the
Consolidated Financial Statements as of and for the year ended March 31, 2023
Page 1 of 6
As required by paragraph 3(xxi) of the CARO 2020, we report that the auditors of the following companies have given qualification or adverse
remarks in their CARO report on the standalone financial statements of the respective companies included in the Consolidated Financial
Statements of the Holding Company:
1. Raw Pressery Private Limited (CIN t155ooMH2o13PTC25o295) (Subsidiary) vide auditor's report dated September 29, 2023 which is
reproduced as under:
i. (a) (A) Except for certain Property, plant and equipment with gross block and net block aggregating to Rs. 50,745,004 and Rs. 5,824,800
respectively, the Company is maintaining proper records showing full particulars, including quantitative details and situation, of Property, plant
and equipment.
vii. (a)According to the information and explanations given to us and the records of the Company
examined by us, in our opinion, the Company is generally regular in depositing undisputed statutory dues in respect of income tax, provident
fund, employees' state insurance, labour welfare fund and professional tax, though there has been a slight delay in a few cases, and is regular in
depositing undisputed statutory dues, including duty of customs and goods and services tax and other material statutory dues, as applicable, with
the appropriate authorities. The extent of the arrears of statutory dues outstanding as at March 31, 2023, for a period of more than six months
from the date they became payable are as follows:
Amount (in Rs. Period to which the Date of Remarks, if

Name of the statute Nature of dues Due date
lakhs) amount relates Payment any
146
Employees'
Apr-22 to
May 15, 2022 to

Provided Fund 0.11 N/A N/A
October 15, 22
Provident Funds and
Miscellaneous Provisions Act, Sep-22
1952
Also, refer note 37 to the subsidiary financial statements regarding management's assessment on certain matters relating to provident fund.
• The Company has incurred cash losses of Rs. 3,879 lakhs in the financial year and of Rs. 2,625
lakhs in the immediately preceding financial year.
• There has been resignation of the statutory auditors during the year and we have taken into consideration the issues, objections or concerns
raised by the outgoing auditors.
2. Wingreens Farms Private Limited (CIN U01400HR2011PTC043400) (Holding Company) vide our report dated December 27, 2023 which is
reproduced as under:
• (a) (A) Except for non-recording of unique asset tagging code in respect of certain Property,
Plant and Equipment with gross block and net block aggregating to Rs. 617.53 lakhs and Rs. 573.71 lakhs respectively, the Company is
maintaining proper records showing full particulars including quantitative details and situation of Property, Plant and Equipment.
• (b) During the year, the Company has been sanctioned working capital limits in excess of Rs.
5 crores, in aggregate, from Kotak Mahindra Bank on the basis of security of current assets. The Company has filed quarterly returns or
statements with the Bank, which are not in agreement with the unaudited books of account as set out below.
147
Page 2 of 6
Aggregate
Amount
N a t u r e o
working Reasons
f
disclosed as
I
Quarter per Amount as

Name of the Bank/
capital per books of r
Financial Institution Cu r r e n t
ended quarterly account
Differenc
e
stock
limits difference
Asset
statements
sanctioned
offered as
Security
Amounts Amounts in Amounts in

Amounts in Rs.
lakhs
in Rs. Lakhs Rs. Lakhs Rs. Lakhs
Kotak Rs. 4,875.59

Statement are
Existing and Future
Rs. made on basis of
Mahindra Rs. 2,500 Receivable, Inventory, Jun-22 Rs. 4,922.39
46.80 the provisional prov
Moveable Fixed Asset
isionalStatements.
Bank Stock
Sep-22 Rs. 4,150.55 Rs. 4,392.58 Rs. (242.03)
148
iii. (a) The Company has made investments in 3 companies & granted unsecured loans to 5
companies and stood guarantee to 1 company. The aggregate amount during the year, and balance outstanding at the balance sheet date with
respect to such loans or advances and guarantees or security to subsidiaries are as per the table given below:
Advances in
Security Loans
Guarantees nature of loans
(Amount in
(Amount in (Amount in Rs,
Rs. lakhs) (Amount in Rs.
Rs. lakhs) lakhs)
lakhs)
Aggregate amount granted/ provided during

the year
Rs. 3,500 _ Rs. 3,874.31 _
- Subsidiaries
Balance outstanding as a balance sheet

date in respect of the above case
Rs. 3,500 - Rs. 5,624.57 -
- Subsidiaries
• In respect of the aforesaid loans, the terms and conditions under which such loans were granted are not prejudicial to the Company's interest
except for loans aggregating Rs. 606.61 lakhs as at March 31, 2023, with a maximum amount of Rs. 803.15 lakhs outstanding during the year,
which are prejudicial to the interest of the Company as the borrower does not have ability to repay the loan.
• In respect of the aforesaid loans, no schedule for repayment of principal and payment of interest has been stipulated by the Company for loan
advanced to four of its subsidiary companies. Therefore, in the absence of stipulation of repayment terms, we are unable to comment on the
regularity of repayment of principal and payment of interest.
• In respect of the following loans, the total amount overdue for more than ninety days as at March 31, 2023 is Rs. 1277.53 lakhs. In such
instances, in our opinion, reasonable steps have been taken by the Company for the recovery of the principal amounts and interest thereon.
149
Referred to in paragraph 14 of the Independent Auditors' Report of even date to the members of Wingreens
Farms Private Limited on the Consolidated Financial Statements as of and for the year ended March 31, 2023
Page 3 of 6
Principal Amount
No. Interest Overdue Total Overdue
Overdue
of (Amount in Rs. (Amount in Rs. Remarks (if any)
(Amount in Rs.
cases lakhs) lakhs)
lakhs)
Principal and interest receivable from

four of its subsidiary
4 Rs. 1,223.45 Rs. 54.08 Rs. 1,277.53
companies.
• There were no loans which fell due during the year and were renewed/extended. Further, no fresh loans were granted to same parties to settle
the existing overdue loans.
• Following loans were granted during the year to related parties under Section 2(76), which are repayable on demand or where no schedule for
repayment of principal and payment of interest has been stipulated by the Company.
Promoters
All Parties Related Parties
(Amount in Rs.
(Amount in Rs. Lakhs) (Amount in Rs. Lakhs)
Lakhs)
150
Aggregate of loans
Rs. 1368.31 -
Rs. 1361.31
- Repayable on demand
-
- -
- Agreement does not specify any terms or period of

repayment
Percentage of loans/advances in nature of loan to the

35% - 35%
total loans
iv. The Company has not granted any loans or made any investments or provided any
guarantees or security to the parties covered under Sections 185 of the Act. Therefore, the reporting under clause 3(iv) of the Order to that extent
is not applicable to the Company.
Further, in the respect of the investment made by the Company in earlier years and guarantee given in the current year by the Company in
respect of loan taken by one of it subsidiary company, the Company complied with the provisions of section 186 of the Companies Act, 2013.
vii. (a) According to the information and explanations given to us and the records of the
Company examined by us, in our opinion, the Company is generally regular in depositing undisputed statutory dues in respect of Goods and
Service Tax, Income tax, Provident Fund and Employee's State Insurance, though there has been a slight delay in a few cases, and is regular in
depositing undisputed statutory dues, including Labour Welfare fund, Professional tax and other material statutory dues, as applicable, with the
appropriate authorities. The extent of the arrears of statutory dues outstanding as at March 31, 2023, for
a period of more than six months from the date they became payable are as follows:
151
Page 4 of 6
Amount
Period to which the Date of Remar ks, if

Name of the statute Nature of dues Due date
amount relates Payment any
in Rs. lakhs
August 15,
Employees' Provident Funds

July 2022 and August 2022 and September
and Miscellaneous Provisions Provident Fund Rs. 0.03 NA NA
2022 15,
Act, 1952.
2022
Also, refer note 4o to the standalone financial statements of the Compny regarding management's assessment on certain matters relating to
provident fund.
ix. (e) According to the information and explanations given to us and on an overall examination
of the financial statements of the Company, we report that the Company has taken funds from the following entities and persons on account of or
to meet the obligations of its subsidiaries as per details below:
Amount involved
Name of
Nature of transaction for Remarks,

Nature of fund taken (Amount in in (Am Name of the subsidiary Relation
which fund utilized if any
lender
In Rs. lakhs)
152
o RAW Pressery
Private Limited
o Saucery Foods
Unlisted, Secured ,
Grand Anicut Private Limited Investment and
Trust
redeemable, non
Rs. 6,000 Subsidiary None
o Green Light Foods for intercorporate loan

—2 purpose
convertible debentures
Private Limited
o Dharmya Business Ventures

Private Limited
o GeorgiaDakota Foods Private
Limited
(f) According to the information and explanations given to us and procedures performed by us, we report that the Company has raised loans
during the year on the pledge of securities
held in its subsidiaries as per details below. Further, the Company has not defaulted in repayment of such loans raised.
Page 5 of 6
153
Amount of
Name loan
Nature of Details of security Remarks,
Name of the
of Relation
subsidiary
loan taken pledged if any
lender (Amount in
Rs. lakhs)
Unlisted,
Grand
Secured,
• Personal Guarantee of Promotors
Anicut o RAW Pressery
redeemable,
• Equity Shares of one of the subsidiary
Trust - Rs. 2,000 Subsidiary None
companies.
non-
Private Limited
convertible
2
debentures
• Few equity share of the promotors of

the company
• Hypothecation over the hypothecated

property of company and one its
subsidiary
x. (b) The Company has made a private placement of Complusory Convertible Cumulative
Preference shares during the year, in compliance with the requirements of Section 42 and Section 62 of the Act. The funds raised have been
used for the purpose for which funds were raised as described below:
Total
Amount utilized Un-utilized balance

Nature of securities Purpose for which funds raised Amount Raised for the other as at Balance Remarks
purpose sheet date
(Amount in Rs. lakhs)
154
Pre Series C Compulsory Convertible To be used for investment and

Rs. 2,050 - - None
Cumulative intercorporate loan
Preference Shares
o.00i% Series B3 Lender Compulsory Meet the obligations of its

Rs. 0.14 - - None
Convertible subsidiaries
Cumulative
Preference Shares of
Rs. loo each
Page 6 of 6
xviii. The Company has incurred cash losses of Rs. 8,888.99 lakhs in the financial year and of Rs. 3,694.90 lakhs in the immediately preceding
financial year.
155
For Price Waterhouse Chartered Accountants LIT Firm Registration Number: 012754/N500016
Rahul Chattopadhyay
Partner
UDIN: 23o96367BGYYHU3862 Place: New Delhi
Textual information (29): Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report
Further, the Auditors have given following qualified opinion in Consolidated Auditor report: Qualified Opinion We draw your attention to Note 44
to the consolidated financial statements regarding goodwill recognised on acquisition of one of its subsidiary aggregating to Rs. 1,623 lakhs, for
which we were unable to obtain sufficient and appropriate audit evidence to determine whether the Company has complied with the requirements
of Accounting Standard (AS) 28 ‘Impairment of Assets' and whether any adjustment to the carrying value of the goodwill as at March 31, 2023
were necessary and whether it has any consequential impact on operating expenses and the net loss for the year. Boards
Explanation/Comments: The Company has acquired 100% stake in Dharmya Business Ventures Private Limited with effect from April 25, 2022
for an amount of Rs. 1599.95 lakhs which was based on the report of an independent valuer. Further, to improve the business unit
economics, the holding company has currently put on hold the operations of the Dharmya Business Ventures Private Limited, however, basis
details of future business of the subsidiary company, the management is of the view that there no triggers for impairment in the carrying value of
goodwill attributable to the subsidiary and other assets of the subsidiary company. According to the information and explanations given to us
and based on our audit, material weakness has been identified in the operating effectiveness of the Company's internal financial controls over
financial reporting as at March 31, 2023 in respect of year-end financial reporting process related to impairment assessment of the carrying value
of goodwill recognized on acquisition of subsidiary company as at March 31, 2023, which may result into potential non-compliance with
Accounting Standard (AS) 28 'Impairment of Assets' and potential adjustment to the carrying amount of the goodwill as at March 31, 2023 and
consequent impact on operating expenses and the net loss for the year . (Also refer paragraph 3 of our audit report on the financial statements).
Boards Explanation/Comments: The company has taken appropriate estimates to evaluate the impairment assessment of its investments as at
the year end, and basis the detailed of future business of the subsidiary company, management is of the view that there no triggers for
impairment in the carrying value of goodwill attributable to the subsidiary and other assets of the subsidiary company.
Textual information (30): Disclosure in auditors report relating to fixed assets
Raw Pressery Private Limited (CIN t155ooMH2o13PTC25o295) (Subsidiary) vide auditor's report dated September 29, 2023 which is
reproduced as under: i. (a) (A) Except for certain Property, plant and equipment with gross block and net block aggregating to Rs. 50,745,004
and Rs. 5,824,800 respectively, the Company is maintaining proper records showing full particulars, including quantitative details and situation,
of Property, plant and equipment.
Textual information (31): Disclosure in auditors report relating to loans
156
(a) The Company has made investments in 3 companies & granted unsecured loans to 5 companies and stood guarantee to 1 company. The
aggregate amount during the year, and balance outstanding at the balance sheet date with respect to such loans or advances and guarantees or
security to subsidiaries are as per the table given below: Guarantees (Amount in Rs. lakhs) Security (Amount in Rs. lakhs) Loans (Amount in Rs,
lakhs) Advances in nature of loans (Amount in Rs. lakhs) Aggregate amount granted/ provided during the year - Subsidiaries Rs. 3,500 _ Rs.
3,874.31 _ Balance outstanding as a balance sheet date in respect of the above case - Subsidiaries Rs. 3,500 - Rs. 5,624.57 -
Textual information (32): Disclosure about loans granted to parties covered under section 189 of companies act
Following loans were granted during the year to related parties under Section 2(76), which are repayable on demand or where no schedule for
repayment of principal and payment of interest has been stipulated by the Company. All Parties (Amount in Rs. Lakhs) Promoters (Amount in Rs.
Lakhs) Related Parties (Amount in Rs. Lakhs) Aggregate of loans - Repayable on demand - Agreement does not specify any terms or period of
repayment Rs. 1368.31 - - - Rs. 1361.31 - Percentage of loans/advances in nature of loan to the total loans 35% - 35%
Textual information (33): Disclosure relating to terms and conditions of loans granted
In respect of the aforesaid loans, the terms and conditions under which such loans were granted are not prejudicial to the Company's interest
except for loans aggregating Rs. 606.61 lakhs as at March 31, 2023, with a maximum amount of Rs. 803.15 lakhs outstanding during the year,
which are prejudicial to the interest of the Company as the borrower does not have ability to repay the loan.
Textual information (34): Disclosure regarding receipt of loans granted
In respect of the aforesaid loans, no schedule for repayment of principal and payment of interest has been stipulated by the Company for loan
advanced to four of its subsidiary companies. Therefore, in the absence of stipulation of repayment terms, we are unable to comment on the
regularity of repayment of principal and payment of interest.
Textual information (35): Disclosure regarding terms of recovery of loans granted
In respect of the following loans, the total amount overdue for more than ninety days as at March 31, 2023 is Rs. 1277.53 lakhs. In such
instances, in our opinion, reasonable steps have been taken by the Company for the recovery of the principal amounts and interest thereon.
Annexure B to Independent Auditors' Report Referred to in paragraph 14 of the Independent Auditors' Report of even date to the members of
Wingreens Farms Private Limited on the Consolidated Financial Statements as of and for the year ended March 31, 2023 Page 3 of 6 No. of
cases Principal Amount Overdue (Amount in Rs. lakhs) Interest Overdue (Amount in Rs. lakhs) Total Overdue (Amount in Rs. lakhs) Remarks (if
any) 4 Rs. 1,223.45 Rs. 54.08 Rs. 1,277.53 Principal and interest receivable from four of its subsidiary companies.
Textual information (36): Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies
Act, 2013
The Company has not granted any loans or made any investments or provided any guarantees or security to the parties covered under Sections
185 of the Act. Therefore, the reporting under clause 3(iv) of the Order to that extent is not applicable to the Company. Further, in the respect of
the investment made by the Company in earlier years and guarantee given in the current year by the Company in respect of loan taken by one of
it subsidiary company, the Company complied with the provisions of section 186 of the Companies Act, 2013.
Textual information (37): Disclosure in auditors report relating to statutory dues [Text Block]
reproduced as under: (a)According to the information and explanations given to us and the records of the Company examined by us, in our
opinion, the Company is generally regular in depositing undisputed statutory dues in respect of income tax, provident fund, employees' state
insurance, labour welfare fund and professional tax, though there has been a slight delay in a few cases, and is regular in depositing undisputed
statutory dues, including duty of customs and goods and services tax and other material statutory dues, as applicable, with the appropriate
authorities. The extent of the arrears of statutory dues outstanding as at March 31, 2023, for a period of more than six months from the date they
became payable are as follows: Name of the statute Nature of dues Amount (in Rs. lakhs) Period to which the amount relates Due date Date of
Payment Remarks, if any Employees' Provident Funds and Miscellaneous Provisions Act, 1952 Provided Fund 0.11 Apr-22 to Sep-22 May 15,
2022 to October 15, 22 N/A N/A Wingreens Farms Private Limited (CIN U01400HR2011PTC043400) (Holding Company) vide our report dated
December 27, 2023 which is reproduced as under: a) According to the information and explanations given to us and the records of the Company
examined by us, in our opinion, the Company is generally regular in depositing undisputed statutory dues in respect of Goods and Service Tax,
Income tax, Provident Fund and Employee's State Insurance, though there has been a slight delay in a few cases, and is regular in depositing
undisputed statutory dues, including Labour Welfare fund, Professional tax and other material statutory dues, as applicable, with the appropriate
authorities. The extent of the arrears of statutory dues outstanding as at March 31, 2023, for a period of more than six months from the date they
became payable are as follows: Annexure B to Independent Auditors' Report Referred to in paragraph 14 of the Independent Auditors' Report of
even date to the members of Wingreens Farms Private Limited on the Consolidated Financial Statements as of and for the year ended March 31,
2023 Page 4 of 6 Name of the statute Nature of dues Amount in Rs. lakhs Period to which the amount relates Due date Date of Payment Remar
ks, if any Employees' Provident Funds and Miscellaneous Provisions Act, 1952. Provident Fund Rs. 0.03 July 2022 and August 2022 August 15,
2022 and September 15, 2022 NA NA
157
Textual information (38): Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]
According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company is
generally regular in depositing undisputed statutory dues in respect of Goods and Service Tax, Income tax, Provident Fund and Employee's
State Insurance, though there has been a slight delay in a few cases, and is regular in depositing undisputed statutory dues, including Labour
Welfare fund, Professional tax and other material statutory dues, as applicable, with the appropriate authorities.
Textual information (39): Disclosure relating to disputed statutory dues [Text Block]
reproduced as under: The extent of the arrears of statutory dues outstanding as at March 31, 2023, for a period of more than six months from the
date they became payable are as follows: Name of the statute Nature of dues Amount (in Rs. lakhs) Period to which the amount relates Due date
Date of Payment Remarks, if any Employees' Provident Funds and Miscellaneous Provisions Act, 1952 Provided Fund 0.11 Apr-22 to Sep-22
May 15, 2022 to October 15, 22 N/A N/A Wingreens Farms Private Limited (CIN U01400HR2011PTC043400) (Holding Company) vide our report
dated December 27, 2023 which is reproduced as under: The extent of the arrears of statutory dues outstanding as at March 31, 2023, for a
period of more than six months from the date they became payable are as follows: Annexure B to Independent Auditors' Report Referred to in
paragraph 14 of the Independent Auditors' Report of even date to the members of Wingreens Farms Private Limited on the Consolidated
Financial Statements as of and for the year ended March 31, 2023 Page 4 of 6 Name of the statute Nature of dues Amount in Rs. lakhs Period to
which the amount relates Due date Date of Payment Remar ks, if any Employees' Provident Funds and Miscellaneous Provisions Act, 1952.
Provident Fund Rs. 0.03 July 2022 and August 2022 August 15, 2022 and September 15, 2022 NA NA
Textual information (40): Disclosure in auditors report relating to default in repayment of financial dues
According to the information and explanations given to us and procedures performed by us, we report that the Company has raised loans during
the year on the pledge of securities held in its subsidiaries as per details below. Further, the Company has not defaulted in repayment of such
loans raised.
Textual information (41): Disclosure in auditors report relating to preferential allotment or private placement of shares
or convertible debentures
The Company has made a private placement of Complusory Convertible Cumulative Preference shares during the year, in compliance with the
requirements of Section 42 and Section 62 of the Act. The funds raised have been used for the purpose for which funds were raised as described
below: Nature of securities Purpose for which funds raised Total Amount Raised (Amount in Rs. lakhs) Amount utilized for the other purpose
Un-utilized balance as at Balance sheet date Remarks Pre Series C Compulsory Convertible Cumulative To be used for investment and
intercorporate loan Rs. 2,050 - - None Preference Shares o.00i% Series B3 Lender Compulsory Convertible Meet the obligations of its
subsidiaries Rs. 0.14 - - None Cumulative Preference Shares of Rs. loo each
158

Wingreens FY23 Cons. FS

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WINGREENS FARMS PRIVATE LIMITED

Consolidated Financial Statements for period 01/04/2022 to 31/03/2023

[100100] Balance sheet

Unless otherwise specified, all monetary values are in Lakhs of INR

[100200] Statement of profit and loss

Unless otherwise specified, all monetary values are in Lakhs of INR

(A) Traded Goods : 6520.53 Finished goods : 24058.46

(B) Traded Goods : 514.43 Finished goods : 20044.9

(D) Deferred tax (credit)/ charge : 43.69 Prior Period Tax : 0

[100300] Cash flow statement, direct

Unless otherwise specified, all monetary values are in Lakhs of INR

[100400] Cash flow statement, indirect

Unless otherwise specified, all monetary values are in Lakhs of INR

(A) Depreciation expense : 386.64 Amortisation expense : 69.13

(B) Depreciation expense : 204.41 Amortisation expense : 133.09

[200100] Notes - Share capital

Unless otherwise specified, all monetary values are in Lakhs of INR

Disclosure of classes of share capital [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Disclosure of classes of share capital [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Disclosure of classes of share capital [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Value of shares issued 6,872.704 6,573.797 695.466 695.466

Disclosure of classes of share capital [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of share capital [Axis] Preference shares 3 [Member]

Unless otherwise specified, all monetary values are in Lakhs of INR

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of share capital [Axis] Equity shares 1 [Member]

Unless otherwise specified, all monetary values are in Lakhs of INR

Unless otherwise specified, all monetary values are in Lakhs of INR

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of share capital [Axis] Preference shares 1 [Member]

Unless otherwise specified, all monetary values are in Lakhs of INR

Unless otherwise specified, all monetary values are in Lakhs of INR

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of share capital [Axis] Preference shares 3 [Member]

Unless otherwise specified, all monetary values are in Lakhs of INR

[200200] Notes - Reserves and surplus

Statement of changes in reserves [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Statement of changes in reserves [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

(A) calculation difference

[200300] Notes - Borrowings

Classification of borrowings [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of borrowings [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of borrowings [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of borrowings [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of borrowings [Table] ..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR

Aggregate amount of loans guaranteed by directors 0

Classification of borrowings [Table] ..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR

(A) Current maturities of long term borrrowings