Antarctica Ltd Directors Report

To, The Members of ANTARCTICA LIMITED

The Board of Directors hereby submit the report of the business and operations of your company (the Company or Antarctica Limited) along with the audited financial statements, for the financial year ended March 31, 2026.

1. FINANCIAL PERFORMANCE

The financial performance of the Company for the Financial Year ended March 31, 2026 is summarized below:

STANDALONE FINANCIAL RESULTS AS ON 31.03.2026

Particulars	Current year (2025-26)	Previous Year (2024-25)
Revenue from Operation (Including other Operating Income)	6290.50	2504.72
Other Income	81.02	0.62
Total Income	6371.53	2505.34
Expenses (other than Finance Cost)	6216.39	2537.35
Finance Cost	0.00	0.32
Total Expenses	6216.39	2537.67
Profit Before Tax	155.13	(32.33)
Less: Current Tax	27.55	0.00
Less: Deferred Tax/Earlier Year	0.00	0.00
Profit/ (Loss) after Tax	127.58	(32.33)
Earnings per share ( \u20b9 ): Basic	0.08	(0.02)
Earnings per share ( \u20b9 ): Diluted	0.08	(0.02)

2. WORKING PERFORMANCE REVIEW

During the year under review, the Company has earned revenue from operation of Rs. 6,290.50 Lacs as against the previous years revenue from operation of Rs. 2,504.72 Lacs . The Company has earned Net Profit amounting to Rs. 127.58 Lacs as against Net Loss of Rs. 32.33 Lacs in the previous year.

3. LISTING OF SECURITIES

The Equity shares of the company are presently listed only on NSE Limited .

4. TRANSFER TO RESERVE

During the year the company has not proposed to transfer any amount to the General Reserve .

5. SHARE CAPITAL

The issued, subscribed, paid up equity capital as on March 31, 2026 was Rs. 15,50,09,600/- . The Authorized Capital of Company is Rs. 67,00,00,000/- . Further, the company has not issued shares with differential voting rights nor granted stock options nor sweat equity for the year ended 31st March, 2026.

6. DIVIDEND

The Board of Directors after considering various factors including expansion and to conserve resources, has deemed it prudent not to recommend any final dividend on equity shares for the year ended 31st March, 2026.

7. CORPORATE GOVERNANCE AND MANAGEMENT DISCUSSION & ANALYSIS REPORTS

The Corporate Governance and Management Discussion & Analysis Report, which form an integral part of this Report, are set out as separate Annexure- III , together with the Certificate from the auditors of the Company regarding compliance with the requirements of Corporate Governance as stipulated in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

8. MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANY

No material changes and commitments affecting the financial position of the Company occurred between the end of the financial year and the date of this report except the following :

i. Mr. Mitkumar Dashrathbhai Chandel (DIN: 11663098) is appointed as an additional director w.e.f. 25th May, 2026 .

ii. Rights Issue of Shares: The Board of Directors in their meeting held on May 14, 2026 has approved the raising of funds by way of issuance and allotment of Equity Shares having face value of Re. 1 each on Right Issue Basis for an amount aggregating upto 69,00,00,000/- (Rupees Sixty Nine Crore Only) .

iii. Increase in Authorised Share Capital of the Company: The Board of Director in their meeting held on May 14, 2026 has approved the increase in Authorised Share Capital of the company from Rs. 67,00,00,000 (Rupees Sixty Seven Crores Only) divided into 67,00,00,000 (Sixty Seven Crores) Equity Shares of Re. 1/- each to 87,00,00,000 (Rupees Eighty Seven Crores Only) divided into 87,00,00,000 (Eighty Seven Crores) Equity Shares of Re. 1/- each by creation of additional 20,00,00,000 (Twenty Crore Only) divided into 20,00,00,000 (Twenty Crore) equity shares of 1.00/- and consequent amendment in the Capital Clause (Clause V) of Memorandum of Association of the Company, subject to approval of the shareholders of the Company. Further, the approval of members was accorded by way of Ordinary Resolution passed through Postal Ballot dated 21st June, 2026 .

iv. Promoter Reclassification: Promoter Reclassification request letters have been received to reclassify from Promoter and Promoter Group category to Public Category from the following Promoters dated 19th January 2026 :

Sr. No.	Name	Number of Equity Shares held
1	Mrs. Jyoti Kuthari	14,58,567
2	M/s. R Kuthari Huf	0
3	Mrs. Renu Kuthari	0
4	Mrs. Ruma Suchanti	20,000
5	Mr. Virendra Kumar Jain	2,000

The Company has filed application for reclassification on 10th February 2026 with National Stock Exchange.

9. PERFORMANCE AND FINANCIAL POSITION OF ASSOCIATE COMPANIES

As on 31st March, 2026 , the company does not have any Subsidiary or Associate Company .

10. INDIAN ACCOUNTING STANDARDS (IND AS)

The Ministry of Corporate Affairs (MCA) vide its notification in the Official Gazette dated February 16, 2015, notified the Indian Accounting Standard (Ind AS), which has replaced the existing Indian GAAP prescribed under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014. The Company has adopted Indian Accounting Standards (Ind AS) from April 01, 2017 (transition date to Ind AS is April 01, 2016) and the financial statements have been prepared in accordance with recognition and measurement principles of Ind AS as prescribed under the Companies (Indian Accounting Standards) Rules, 2015, as specified in Section 133 of the Companies Act, 2013. The Annual Accounts for the year ended 31st March, 2026 have also been prepared in accordance with Ind AS.

11. ANNUAL RETURN

The Extract of Annual Return as required under Section 92(3) of the Companies Act, 2013 in Form MGT-9 is available on the website of the Company at www.antarcticainternational.com .

12. DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of their knowledge and ability, confirm that:

? In the preparation of the annual accounts for the year ended March 31, 2026, the applicable accounting standards read with requirements set out under Schedule III to the Act have been followed and there are no material departures from the same;

? a) The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2026 and of the profit of the Company for the year ended on that date;

? b) The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

? c) The Directors have prepared the annual accounts on a going concern basis;

? d) The Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively; and

? e) The Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

13. INTERNAL FINANCIAL CONTROLS AND THEIR ADEQUACY

The Directors have laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of financial statements.

The Company has an Internal Control System, commensurate with the size, scale and complexity of its operations. The scope and authority of the Internal Auditor is defined in the Internal Audit Manual. To maintain its objectivity and independence, the Internal Auditor reports to the Chairman of the Audit Committee of the Board. The Internal Auditor monitors and evaluates the efficacy and adequacy of the internal control system in the Company, its compliance with operating systems, accounting procedures and policies at all locations of the Company. Based on the report of the Internal Auditor, process owners undertake corrective action in their respective areas and thereby strengthen the controls. Significant audit observations and recommendations along with corrective actions thereon are presented to the Audit Committee of the Board.

14. CORPORATE SOCIAL RESPONSIBILITY INITIATIVES

The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said provisions are not applicable .

15. DIRECTORS AND KEY MANAGERIAL PERSON

During the year under review, the following changes have taken place in the Directors & KMPs of the Company. In compliance with the provisions of Section 149, 152 read with Schedule IV and all other applicable provisions of the Companies Act, 2013 and Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force) and Regulation 17 of SEBI (LODR) Regulation 2015, the composition of Board of Director and Key Managerial Personnel are as follows:

S.No.	Key Managerial Person Name	DIN/PAN	Designation	Date of Appointment	Date of Cessation
1	Mrs. Renu Kuthari	00679971	Non-Executive - Non Independent Director	05.06.1991	09.01.2026
2	Mr. Jay Rajeshbhai Patel	10623714	Non-Executive - Independent Director	22.06.2024	08.11.2025
3	Mrs. Sarikaben Sanketkumar Ladani	10628104	Non-Executive - Independent Director	22.06.2024	--
4	Mr. Nikhil Vasantbhai Gajjar	07557645	Non-Executive - Independent Director	10.04.2024	08.12.2025
5	Mr. Rajesh Mangilal Sharma	10479481	Executive Director - WTD	10.04.2024	04.10.2025
6	Mr. Rahul Thakor Solanki	10730722	Executive - Nominee Director	02.01.2025	--
7	Mr. Vaghela Digvijay Arjunsinh	11119756	Non-Executive - Independent Director	25.09.2025	25.12.2025
8	Mr. Sandip Dineshbahi Goti	11121868	Additional Executive Director	25.09.2025	25.12.2025
9	Mr. Tarunkumar Dineshbahi Sindhav	11499512	Non-Executive - Independent Director	10.02.2026	--
10	Mr. Aryan Arvindbahi Prajapati	11465461	Managing Director	09.01.2026	--
11	Mr. Digvijay Arjunsingh Vaghela	11119756	Non-Executive - Independent Director	25.09.2025	--
12	Mr. Nitinbahi Babubhai Karan	11466294	Non-Executive - Independent Director	09.01.2026	--
13	Mr. Mitkumar Dashrathbhai Chandel	11663098	Additional Director	25.05.2026	--
14	Mr. Chetan Solanki	--	CS	17.03.2025	29.04.2025
15	Mr. Chirag Vallabhbhai Pansuriya	--	CFO	22.06.2024	04.10.2025
16	Ms. Udita Chowdhary	--	CS	17.06.2025	24.03.2026

* Mr. Mitkumar Dashrathbhai Chandel is appointed as an Additional Non-Executive Independent Director of the company w.e.f. 25th May, 2026 .

14. STATE OF COMPANYS AFFAIRS

During the year under review, the Company continued to focus on its agriculture business and explored various opportunities in the agricultural and allied sectors. The Company is committed to strengthening its presence by identifying suitable opportunities for growth, expansion and diversification across the agricultural value chain.

The agriculture sector continues to offer significant growth potential, supported by increasing demand, technological advancements and various government initiatives. The Company remains optimistic about the future prospects of the business and will continue to pursue sustainable opportunities with a view to creating long-term value for its stakeholders.

15. CHANGE IN THE NATURE OF BUSINESS, IF ANY

During the year under review, there is no change in nature of business of the company.

16. DECLARATION BY INDEPENDENT DIRECTORS

Your Company has received declarations from all the Independent Directors confirming that they meet the criteria of independence as prescribed under the provisions of the Companies Act, 2013 read with the Schedules and Rules issued thereunder as well as Regulation 16(1)(b) of Listing Regulations (including any statutory modification(s) or re-enactment(s) for the time being in force).

17. MEETINGS OF THE BOARD OF DIRECTORS

The following Meetings of the Board of Directors were held during the Financial Year 2025-26:

S. No.	Date of Meeting	Board Strength	No. of Directors Present	% of Attendance
1	30.05.2025	6	6	100%
2	13.08.2025	6	6	100%
3	06.09.2025	6	6	100%
4	14.11.2025	7	7	100%
5	22.11.2025	7	7	100%
6	13.02.2026	4	4	100%
7	27.01.2026	5	5	100%

18. FORMAL ANNUAL EVALUATION

Pursuant to the provisions of the Companies Act, 2013 and other applicable legal provisions, if any, annual performance evaluation of Board was carried out by Independent Directors in their separate meeting. Further, evaluation of the committees was carried out by the Board. The performance evaluation of all the Directors was carried out individually by the Nomination and Remuneration Committee and in addition to it, performance evaluation of executive directors was also carried out by the Independent Directors at their separate meeting.

19. BOARD EVALUATION

Pursuant to the provisions of the Companies Act, 2013 read with the rules issued thereunder, Regulation 17(10) of the Listing Regulations and the circular issued by SEBI dated 5th January, 2017 with respect to Guidance Note on Board Evaluation, the evaluation of the annual performance of the Directors/Board/Committees was carried out for the financial year 2025-26.

The Board of Directors has carried out an annual evaluation of its own performance, Board committees and individual directors pursuant to the provisions of the Act and the corporate governance requirements as prescribed by SEBI under SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015. The performance of the Board was evaluated by the Board after seeking inputs from all the directors on the basis of the criteria such as the Board composition and structure, effectiveness of board processes, information and functioning, etc.

The performance of the committees was evaluated by the board after seeking inputs from the committee members on the basis of the criteria such as the composition of committees, effectiveness of committee meetings, etc. The Board and the Nomination and Remuneration Committee (NRC) reviewed the performance of the individual directors on the basis of the criteria such as the contribution of the individual director to the Board and committee meetings. In addition, the Chairman was also evaluated on the key aspects of his role.

In a separate meeting of Independent Directors, performance of Non-Independent directors, performance of the board as a whole and performance of the Chairman was evaluated, taking into account the views of executive directors and non-executive directors. The same was discussed in the board meeting that followed the meeting of the Independent Directors, at which the performance of the Board, its committees and individual directors was also discussed.

20. FAMILIARIZATION PROGRAMME FOR INDEPENDENT DIRECTORS

The Directors will be introduced to all the Board members and the senior management personnel such as Chief Financial Officer, Company Secretary and various Department heads individually to know their roles in the organization and to understand the information which they may seek from them while performing their duties as a director and meeting may be arranged for the Independent Directors with aforesaid officials to better understand the business and operation of the Company.

As a part of continuous updating and familiarization with the Company, every Independent Director will be taken for visits to the factory or manufacturing units and other branch of the company where the officials of the various departments apprise them of the operational and sustainability aspects of the plants to enable them to have full understanding on the activities of the Company and initiatives taken on safety, quality etc. The Company may also circulate news and articles related to the industry from time to time and may provide specific regulatory updates.

21. AUDITOR

M/s. Chandabhooy & Jassoobhooy, Chartered Accountants (FRN.: 101648W) were appointed as Statutory Auditors of the company in the AGM held on 30th September, 2025 to hold office from the conclusion of 33rd Annual General Meeting till the conclusion of the 38th Annual General Meeting to be held in the financial year 2030. Pursuant to Section 139 and 141 of the Act and relevant Rules prescribed thereunder, the Statutory Auditors have confirmed that they are not disqualified from continuing as Auditors of the Company.

AUDITORS REPORT: The Board has appointed M/s. Chandabhooy & Jassoobhooy, Chartered Accountants (FRN.: 101648W) to conduct the Statutory Audit for the year 2025-26. The Auditors Report for the financial year ended 31st March, 2026 contains a disclaimer of opinion on certain matters, which require appropriate clarification and management representation.

Save as aforesaid, the Notes forming part of the Financial Statements are self-explanatory and, therefore, do not call for any further explanation or clarification. The Managements representation and explanation in respect of the matters forming the basis of the Disclaimer of Opinion expressed by the Statutory Auditors are provided below:

Sr. No.	Audit Qualification	Management response
1	The Company has obtained unsecured loans; however, no interest has been charged on such loans. Further, relevant loan agreements were not made available for audit verification. In the absence of supporting documentation, we are unable to verify the accuracy of the outstanding balances and the interest-free nature of these loans, which may have an impact on the fair presentation of liabilities and finance costs in the financial statements.	Management submits that the unsecured loans reflected in the financial statements were received from parties based on mutual understanding. No interest was agreed to be charged on such loans and accordingly no interest expense has been recognized in the books of account. Due to administrative reasons, formal loan agreements could not be made available during the course of audit. Management confirms that the balances appearing in the books are true and correct as per the Companys records and undertakes to maintain proper supporting documentation going forward.
2	The Company has reported inventory in the financial statements. However, physical verification of inventory was not carried out. Consequently, we were unable to satisfy ourselves regarding the [existence, condition, ownership, valuation and realizability of inventory].	Management submits that physical verification of inventory had been carried out by the management during the year and appropriate records thereof were maintained. However, due... (the extract is truncated at this point; the remaining management response text is not fully legible in the source provided).

23. BUSINESS RISK MANAGEMENT

The Management has implemented a business risk management policy. At present the company has not identified any element of risk which may threaten the existence of the company. The Company has a Risk Management Policy to report genuine concerns or grievances of directors and employees and to deal with instances of fraud and mismanagement, if any.

24. CONSERVATION OF ENERGY

? Company ensures that the operations of the company are conducted in the manner whereby optimum utilization and maximum possible savings of energy is achieved.

? No specific investment has been made in reduction in energy consumption equipment.

? As the impact of measures taken for conservation and optimum utilization of energy are not quantitative, its impact on cost cannot be stated accurately.

? No steps have been taken by the company for utilizing alternate sources of energy.

The Information relating to conservation of energy, technology absorption, foreign exchange earnings and outgo under Section 134(3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014 is enclosed as Annexure- I and forms part of this report.

25. TECHNOLOGY ABSORPTION

Companys operations are conducted by using in-house know-how and no outside technology is being used for operating activities. Therefore, there is no outside technology absorption in the company. The Company has not incurred expenditure on research and development activities during the year.

26. FOREIGN EXCHANGE EARNINGS AND OUT-GO

During the period under review there was no foreign exchange earnings or outflow .

27. PARTICULARS OF EMPLOYEES

Section 197 of Companies Act, 2013 read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of employees of the Company are not applicable to the company as no employee of the company is in receipt of remuneration exceeding the limit as mentioned in the relevant provision.

28. BOARD COMMITTEE

Pursuant to Section 177 and 178 of the Companies Act, 2013, the Company had constituted the following Board Committees:

1. Audit Committee;

2. Nomination and Remuneration Committee; and

3. Stakeholders Relationship Committee.

The composition of all Committees has been stated under the Corporate Governance Report forming an integral part of the Annual Report.

29. PARTICULARS OF LOANS, GUARANTEES OR/AND INVESTMENTS

Particulars of loans given, investments made, guarantees given and securities provided along with the purpose for which the loan or guarantee or security is proposed to be utilized by the recipient are provided in the Financial Statement.

30. DISCLOSURE REQUIREMENTS

As per the provisions of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 entered into with the stock exchanges, the Corporate Governance Report with auditors certificate thereon and Management Discussion and Analysis are attached, which form part of this report. Details of the familiarization programme of the independent directors are available on the website of the Company at www.antarcticainternational.com . The Company has formulated and published a Whistle Blower Policy to provide a Vigil Mechanism for employees including directors of the Company to report genuine concerns. The provisions of this policy are in line with the provisions of Section 177(9) of the Act. The Whistle Blowing Policy is available on the companys website at www.antarcticainternational.com .

31. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION AND REDRESSAL) ACT, 2013

Our Company is committed to providing a healthy environment to all its employees; the company has in place a Prevention of the Sexual Harassment Policy and an Internal Complaints Redressal mechanism as per the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

There was no complaint received from any employee during the financial year 2025-26, hence no complaints are outstanding as on 31.03.2026.

32. RELATED PARTY TRANSACTIONS

None of the transactions with related parties (related to business) falls under the scope of Section 188(1) of the Act. Information on transactions with related parties pursuant to Section 134(3)(h) of the Act read with Rule 8(2) of Companies (Accounts) Rules, 2014 are given in Annexure II in Form AOC-2 and the same forms part of this report.

33. FIXED DEPOSITS/DEPOSITS

During the year under review, your Company has not accepted or invited any fixed deposits from the public and there were no outstanding fixed deposits from the public as on the Balance Sheet date [as per the Act] along with Companies (Acceptance of Deposits) Rules, 2014.

34. DISCLOSURE UNDER SECTION 164(2)

None of the Directors of your Company are disqualified from being appointed as Directors as specified under Section 164(2) of the Companies Act, 2013.

35. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS

During the financial year 2025-26, there were no significant material orders passed by the Regulators or Courts or Tribunals which would impact the going concern status of your Company and its future operations.

36. AUDIT COMMITTEE

The Audit Committee comprises of Three (03) Non-Executive Independent Directors as on 31st March, 2026 :

S.No.	Names	Category	Designation	Date of Appointment	Date of Cessation
1	Sarikaben Sanketkumar Ladani	Non-Executive - Independent Director	Chairperson	22.06.2024	--
2	Nikhil Vasantbhai Gajjar	Non-Executive - Independent Director	Member	10.04.2024	08.12.2025
3	Rajesh Mangilal Sharma	Executive Director	Member	10.04.2024	04.10.2025
4	Rahul Thakor Solanki	Executive - Nominee Director	Member	04.10.2025	--
5	Nitinhbai Babubhai Karan	Non-Executive - Independent Director	Member	09.01.2026	--

* Committee reconstituted with the resignation of Mr. Nikhil Vasantbhai Gajjar dated 08.12.2025 and with the resignation of Mr. Rajesh Mangilal Sharma dated 04.10.2025.

All recommendations made by the Audit Committee were accepted by the Board. The Committee inter alia reviews Internal Control Systems and reports of Internal Auditors and compliance of various regulations. The Committee also reviews at length the Financial Statements before they are placed before the Board of Directors of the company.

37. STAKEHOLDERS RELATIONSHIP COMMITTEE

Stakeholders relations have been cordial during the year. As a part of compliance, your Company has a Stakeholders Relationship Committee to consider and resolve the grievances of security holders of your Company. There were no grievances pending as on 31st March, 2026 . A confirmation to this effect has been received from your Companys Registrar and Share Transfer Agent.

The Stakeholders Relationship Committee comprises of Three (03) Non-Executive Independent Directors as on 31st March, 2026:

S.No.	Names	Category	Designation	Date of Appointment	Date of Cessation
1	Sarikaben Sanketkumar Ladani	Non-Executive - Independent Director	Chairperson	17.07.2024	--
2	Jay Rajeshbhai Patel	Non-Executive - Independent Director	Member	22.06.2024	08.10.2025
3	Renu Kuthari	Non-Executive - Non Independent Director	Member	05.06.1991	09.01.2026
4	Rahul Thakor Solanki	Executive - Nominee Director	Member	08.10.2025	--
5	Nitinhbai Babubhai Karan	Non-Executive - Independent Director	Member	09.01.2026	--

* Committee reconstituted with the resignation of Mr. Jay Rajeshbhai Patel dated 08.10.2025 and Mrs. Renu Kuthari dated 09.01.2026.

38. NOMINATION, REMUNERATION AND EVALUATION POLICY

The Board has, on the recommendation of the Nomination and Remuneration Committee, framed a policy for selection and appointment of Directors, Senior Management and their remuneration and the evaluation. The Nomination and Remuneration Policy forms part of the Directors Report as Annexure 4 .

The Nomination and Remuneration Committee comprises of Three (03) Non-Executive Independent Directors as on 31st March, 2026:

S.No.	Names	Category	Designation	Date of Appointment	Date of Cessation
1	Sarikaben Sanketkumar Ladani	Non-Executive - Independent Director	Chairperson	22.06.2024	--
2	Nikhil Vasantbhai Gajjar	Non-Executive - Independent Director	Member	10.04.2024	08.12.2025
3	Renu Kuthari	Non-Executive - Non Independent Director	Member	05.06.1991	09.01.2026
4	Nitinhbai Babubhai Karan	Non-Executive - Independent Director	Member	09.01.2026	--
5	Tarunkumar Dineshbhai Sindhav	Non-Executive - Independent Director	Member	10.02.2026	--

* Committee reconstituted with the resignation of Mr. Nikhil Vasantbhai Gajjar dated 08.12.2025 and Mrs. Renu Kuthari dated 09.01.2026.

39. PARTICIPATION IN THE GREEN INITIATIVE

Our Company continues to wholeheartedly participate in the Green Initiative undertaken by the Ministry of Corporate Affairs (MCA) for correspondence by Corporate to its Members through electronic mode. All the Members are requested to join the said program by sending their preferred e-mail addresses to their Depository Participant.

40. CODE OF FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE INFORMATION AND CODE OF CONDUCT UNDER SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015

Pursuant to Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Board of Directors has formulated and adopted the Code of Practices and Procedures for fair Disclosure of Unpublished Price Sensitive Information (Code of Fair Disclosure) of the Company.

The Board has also formulated and adopted Code of Conduct for Prohibition of Insider Trading (Code of Conduct) of the company as prescribed under Regulation 9 of the said Regulation.

41. ACKNOWLEDGEMENTS

The Board of Directors of your Company acknowledges their sincere appreciation for the support extended by the statutory authorities, the stock exchanges, advisors, shareholders and staff of the Company for the valuable assistance, support and co-operation extended to the Company and continuous support and faith reposed in the Company.

	By the order of the Board
	Antarctica Limited
Date: September 04, 2026	Sd/-
Place: Kolkata	Aryan Arvindbhai Prajapati
	Managing Director
	DIN: 10730722