i. Provisions, Contingent Liability and Contingent Assets:

D Provisions are recognized only when there is a present obligation, as a result of past events and when a reliable
estimate of the amount of obligation can be made at the reporting date. These estimates are reviewed at each
reporting date and adjusted to reflect the current best estimates. Provisions are discounted to their present values,
where the time value of money is material.

0 Contingent liability is disclosed for: a. Possible obligations which will be confirmed only by future events not wholly
within the control of the Company; or b. Present obligations arising from past events where it is not probable that an
outflow of resources will be required to settle the obligation or a reliable estimate of the amount of the obligation
cannot be made.

0 Contingent assets are neither recognized nor disclosed except when realization of income is virtually certain,
related asset is recognized.

j. Operating Segments:

Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating
Decision Maker ('CODM') of the Company. The CODM is responsible for allocating resources and assessing
performance of the operating segments of the Company.

k. Earnings per Share:

Basic earnings per share are calculated by dividing the net profit for the period attributable to equity shareholders
by the weighted average number of equity shares outstanding during the period.

For the purpose of calculating diluted earnings per share, the net profit for the period attributed to equity

shareholders and the weighted average number of shares outstanding during the period is adjusted forthe effects
of all potentially dilutive equity shares.

l. Cash and Cash Equivalents:

Forthe purpose of the Standalone Statement of Cash Flows, cash and cash equivalents consist of cash and cheques
in hand, bank balances, demand deposits with banks where the original maturity is three months or less and
other short-term highly liquid investments net of outstanding bank overdrafts and cash credit facilities as they

are considered an integral part of the Company's cash management.

m. Functional and presentation currency:

Items included in the standalone financial statements of the Company are measured using the currency of the
primary economic environment in which the Company operates (i.e. the "functional currency"). The standalone
financial statements are presented in Indian Rupee, the national currency of India, which is the functional currency
of the Company.

n. Related Party Disclosure:

List of related parties where control exists and also related parties with whom transactions have taken place and
relationships, has been disclosed in Note No. 24 to the Notes to Accounts.

p. As certified by the company that it was received written representation from all the directors, that companies in
which they are directors had not defaulted in terms of section 164(2) of the companies Act, 2013, and the
representation from directors taken in Board that Director is disqualified from being appointed as Director of the
company.

q. Expenditure:

Expenses are net of taxes recoverable, where applicable.

r. Other Note:

As per the Ministry of Corporate Affairs (MCA) notification, proviso to Rule 3(1) of the Companies (Accounts)

Rules, 2014, for the financial year commencing April 1, 2023, every company which uses accounting software
for maintaining its books of account, shall use only such accounting software which has a feature of recording
audit trail of each and every transaction, creating an edit log of each change made in the books of account
along with the date when such changes were made and ensuring that the audit trail cannot be disabled. The
interpretation and guidance on what level edit log and audit trail needs to be maintained evolved during the
year and continues to evolve.

In the company, the accounting software has a feature of audit trail, but it was disable at an application level
for maintenance of books of accounts and relevant transactions. However, the global standard ERP used by
the Company has not been enabled with the feature of audit trail log at the database layer to log direct
transactional changes, due to present design of ERP. This is being taken up with the vendor. In the meanwhile,
the Company continues to ensure that direct write access to the database is granted only via an approved
change management process.

5C. Significant management judgement in applying material and other accounting policies and estimation
uncertainty:

The preparation of the Company's financial statements requires the management to make judgements, estimates and
assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying
disclosures, and the disclosure of contingent liabilities:

• Recoverability of advances / receivables

At each balance sheet date, based on historical default rates observed over expected life, the management
assesses the expected credit losses on outstanding receivables and advances.

• Provisions

At each balance sheet date basis the management judgment, changes in facts and legal aspects, the Company
assesses the requirement of provisions against the outstanding contingent liabilities. However, the actual
future outcome may be different from this judgement.

• Contingencies

Contingent liabilities may arise from the ordinary course of business in relation to claims against the Company.
By their nature, contingencies will be resolved only when one or more uncertain future events occur or fail to
occur. The assessment of the existence, and potential quantum, of contingencies inherently involves the
exercise of significant judgments by management and the use of estimates regarding the outcome of future
events

• Fair value measurements

Management applies valuation techniques to determine the fair value of financial instruments (where active
market quotes are not available) and share based payments. This involves developing estimates and
assumptions consistent with how market participants would price the instrument. The Company engages third party
valuers, where required, to perform the valuation. Information about the valuation techniques and inputs used in
determining the fair value of various assets, liabilities and share based payments are disclosed in the notes to standalone
financial statements.

• Inventories

The Company estimates the net realizable values of inventories, taking into account the most reliable evidence
available at each reporting date. The future realization of these inventories may be affected by future demand
or other market-driven changes that may reduce future selling prices.

For and on behalf of the board of directors As per our attached report of even date

For, SC Agrotech Limited For,V SSB & Associates

Chartered Accountants
Firm No. 121356W

Dinesh K. Mochi Suchitkumar B. Patel (Vishves A. Shah)

Managing Director Director (partener)

(DIN: 10896560) (DIN: 11211454 ) Mno.-109944

UDIN: 25109944BMGPMT9646

Ritika Sood
Company Secretary
And Compliance Officer

Mo. No. ACS-28560

Place: Ahmedabad Place: Ahmedabad

Date: 29/05/2025 Date: 29/05/2025