To the shareholders, 

MOTHER NUTRI FOODS PRIVATE LIMITED 
Your Directors are pleased to present the 1st Annual
Report on business and operations of the Company together with the Audited Accounts
and the Auditors' Report of your Company for the financial year ended 

31st March, 2023. 

FINANCIAL PERFORMANCE 

Key aspects of Company' financial performance for the financial year 2022-23
is tabulated below: 

  

    
Particulars
    
Financial Year 2022-23
    
Financial Year 2021-22
  
  

    
Total Revenue
    
760877321.78
    
0
  
  

    
Total Expenditure
    
745725671.37
    
0
  
  

    
Profit/(Loss) Before Taxation
    
15151650.41
    
0
  
  

    
Provision for Taxation & Deferred Tax
    
0
    
0
  
  

    
Net Profit/(Loss) after Tax for the year
    
15125650.41
    
0
  
  

    
Basic & Diluted Earnings per Equity Share
    
0
    
0
  


OPERATIONS REVIEW 
The Company's total income from operations including other income
during the financial year ended on 31st March, 2023 was at 76,07,877,322/- as against
NIL/- of the previous year. The Company has made Net Profit after depreciation and tax
adjustment for the year under review amounted to 1,16,45,940/-. The outlook for the
current year is encouraging. 

CHANGE IN REGISTERED OFFICE OF THE COMPANY 
The Company has not changed its Registered office from to SURVEY NO
276/1,, OPP. PETROL PUMP,, MAHUVA-BHAVNAGAR ROAD,, OTHA,, MAHUVA, GUJARAT-364290. Kindly
note by the Shareholders. 

DIVIDEND: 
No dividend has been recommended in respect of the financial year ended
31st March, 2023 and the entire surplus be ploughed back to the business to meet the needs
for additional finance for capital expenditure. 

FIXED DEPOSIT 
The Company has not accepted any deposits within the meaning of Section
73 of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014. 

DIRECTORS 
During the year under review, there is change in board of directors of
the Company, 4 Directors were appointed. 

SHARE CAPITAL 
During the year under review, there is no change in Share Capital of
the Company. 

EXTRACT OF ANNUAL RETURN 
The extract of Annual Return pursuant to the provisions of Section 92
read with Rule 12 of the Companies (Management and Administration) Rules, 2014 is
furnished in Annexure-A in Form MGT-9 and is attached to this Report. 

SUBSIDIARY COMPANIES 
During the period under the review the Company does not have any
subsidiary. 

PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES 
All related party transactions that were entered into during the
financial year were on arm's length basis and were in the ordinary course of the business.
There are no materially significant related party transactions made by the company with
Promoters, Key Managerial Personnel or other designated persons which may have potential
conflict with interest of the Company at large. Suitable disclosures as required under
AS-18 have been made in the Notes to the financial statements. 

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186
OF THE COMPANIES ACT, 2013 
Details of Loans, Guarantees and Investments, if any, covered under the
provisions of section 186 of the Companies Act, 2013 are given in the notes to the
financial statements. 

AUDITORS AND AUDITORS' REPORT 
M/s. MEGHRAJSINH GOHIL & CO, Chartered Accountants of MAHUVA [Firm
Registration No: 0142598W], who are the Statutory Auditors of the Company, hold office
till the conclusion of the forthcoming AGM and are eligible for re-appointment. Pursuant
to the provisions of section 139 of the Companies Act, 2013 and the Rules made thereunder,
it is proposed to appoint M/s. MEGHRAJSINH GOHIL & CO, Chartered Accountants of MAHUVA
[Firm Registration No: 0142598W] as Statutory Auditors of the Company from the conclusion
of the forthcoming AGM till the conclusion of the 5th AGM to be held in the year 2027,
subject to ratification of their appointment at every AGM. The Auditors have given a
Certificate to the effect that the reappointment, if made, will be within the prescribed
limits specified under section 141 of the Companies Act, 2013. 

EXPLANATION OR COMMENTS ON QUALIFICATIONS, RESERVATIONS OR ADVERSE
REMARKS OR DISCLAIMERS MADE BY THE AUDITORS 
There were no qualifications, reservations or adverse remarks made by
the Auditors in their report. The Board has duly reviewed the Statutory Auditors' Report
on the Accounts. The observations and comments, appearing in the Auditors' Report are
self-explanatory and do not call for any further explanation/ clarification by the Board
of Directors as provided under section 134 of the Act. 

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
EARNING AND OUTGO 
The information as required under the provisions contained in Section
134(3)(m) of the Companies Act, 2013, with respect to conservation of energy, technology
absorption and foreign exchange earning and outgo is as per Annexure- B enclosed herewith
which is forming part of this report. 

NUMBER OF BOARD MEETINGS CONDUCTED DURING THE YEAR UNDER REVIEW 
During the year under review _ (4) Board Meetings were convened and
held. The intervening gap between the two meetings was within the period prescribed under
the Companies Act, 2013. 

PARTICULARS OF REMUNERATION OF THE DIRECTORS / KEY MANAGERIAL PERSONNEL
(KMP)/ EMPLOYEES 
The information required pursuant to Section 197 read with Rule, 5 of
The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in
respect of employees of the Company is required given as follows. 

  

    
SR NO PARTICULARS
    
AMOUNT(`)
  
  

    
1 CHINTAN RAJNIKANT THAKAR
    
4,50,000
  
  

    
2 PARTH UMESHKUMAR SHETH
    
4,50,000
  
  

    
3 RAJNIBHAI INDUBHAI THAKAR
    
4,50,000
  
  

    
4 UMESHBHAI KANTILAL SHETH
    
4,50,000
  
  

    
5 NAYNABEN RAJNIKANT THAKAR
    
4,50,000
  
  

    
6 VANDNABEN UMESHBHAI SHETH
    
4,50,000
  


BUSINESS RISK MANAGEMENT 
At present the company has not identified any element of risk which may
threaten the existence of the Company. 

DIRECTORS' RESPONSIBILITY STATEMENT 
Pursuant to the provisions of Section 134(5) of the Companies Act, 2013
and based on the representation received from the Management of the company the Directors
hereby confirm that: i) in the preparation of the annual accounts, the applicable
accounting standards have been followed along with proper explanation relating to material
departures, if any; ii) the directors have selected such accounting policies and applied
them consistently and made judgments and estimates that were reasonable and prudent so as
to give a true and fair view of the state of affairs of the Company at the end of the year
of the Company for that year; iii) the directors have taken proper and sufficient care to
the best of their knowledge and ability for the maintenance of adequate accounting records
in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets
of the company and for preventing and detecting fraud and other irregularities; iv) the
directors had prepared the annual accounts on a ?going concern' basis. v) the
directors have laid down internal fnancial controls to be followed by the Company and that
such internal financial controls are adequate and operating properly; and vi) the
directors have devised proper systems to ensure compliance with the provision of all
applicable laws and that such systems were adequate and operating effectively. 

ACKNOWLEDGEMENTS 
The Directors wish to convey their appreciation to business associates
for their support and contribution during the year. The Directors would also like to thank
the employees, shareholders, customers, suppliers, alliance partners and bankers for the
continued support, co-operation and assistance given by them to the Company and their
confidence reposed in the management. 
For, MOTHER NUTRI FOODS PRIVATE LIMITED


CHINTAN RAJNIKANT THAKAR Digitally signed by CHINTAN RAJNIKANTTHAKAR

Date: 2023.10.22 16:38:08 +05'30'
MOTHER NUTRI FOODS PRIVATE LIMITED Director Place : MAHUVA 
Date : 27/09/2023