Artemis ADR Marketplace Ltd Directors Report

To,

The Members

ARTEMIS ADR MARKETPLACE LIMITED

(Formerly known as Jetmall Spices and Masala Limited)

Your Directors have pleasure in presenting the 14 th Annual Report of the Company and the Audited Financial statement for the year ended 31st March, 2026.

1. FINANCIAL RESULTS:

The summarized financial results for the year ended 31.03.2026 and for the previous year 31.03.2025 are as under: (Rs. In Lakhs)

Particulars	2025-26	2024 25
Revenue from Operations	37.75	73.55
Other Income	20.17	6.39
Total Revenue	57.93	79.94
Total Expenditure	107.42	158.14
Exceptional items	0.00	0.00
Profit Before Tax(PBT)	(82.37)	(78.20)
Less: Current Tax	0.00	0.00
Less: Deferred Tax	7.45	3.72
Profit After Tax (PAT)	(74.93)	(74.48)

2. STATE OF AFFAIRS OF THE COMPANY:

During the year under review, the total revenue of your company was Rs. 57.93 Lakhs as compared to previous year revenue of Rs.79.94 Lakhs. The net loss for the year is 74.93 Lakhs as compared to previous year Loss of Rs. 74.48 Lakhs.

3. CHANGE IN NATURE OF BUSINESS:

During the financial year under review, the members of the Company through postal ballot on December 14, 2025, approved the change in Main Object of the Company. The revised objects are detailed in the Management Discussion and Analysis Report forming part of this Annual Report.

4. DIVIDEND & RESERVES:

Due to loss, the Directors do not recommend any dividend for the financial year 2025-26. The company has not transferred any amount to general reserve during the year under review.

5. SUBSIDIARIES, JOINT VENTURE AND ASSOCIATE COMPANIES & PERFORMANCE THEREOF:

Your Company does not have any subsidiary, joint venture, associate company as at March 31, 2026. Hence, the details and performance thereof does not arise.

6. DEPOSITS:

The company has accepted deposits form its members under the provisions of the Companies Act, 2013, and rules related thereto. (Amount in Rupees in Lakh)

S.No Particulars	Amount
a) Amount accepted during the year	28.60
b) Amount remained unpaid or unclaimed as at the end of the year	25.34
c) whether there has been any default in repayment of deposits or payment of interest thereon during the year and if so, number of such cases and the total amount involved	Nil
i) at the beginning of the year	Nil
ii) maximum during the year	Nil
iii) at the end of the year	Nil
d The details of deposits which are not in compliance with the requirements of Chapter V	Company has received the loan form Mr. Raman Aggarwal. Promoter, of Rs. 28.60 Lakh

7. ANNUAL RETURN

The annual return is available for inspection of the members at the registered office of the Company and same shall also be uploaded in the website of the Company https://artemisadr.com/annual-reports .

8. SHARE CAPITAL

The members of the Company through postal ballot on October 01, 2025, approved the increase in authorized share capital of the company form INR 6,00,00,000/-(Indian Rupees Six Crore Only) to 22,00,00,000/- (Indian Rupees Twenty-two Crore Only)

AUTHORIZED SHARE CAPITAL

INR 22,00,00,000/- (Indian Rupees Twenty-two Crore Only) divided into 2,20,00,000 (Two Crore Twenty Lakh) Equity Shares of INR 10/- each.

ISSUE/SUBSCRIBED/PAID-UP CAPITAL

The paid-up capital stood at INR 5,99,29,000/- (Indian Rupees Five Crore Ninety-nine Lakhs Twenty-Nine Thousand Only) divided into 59,92,900 (Fifty-Nine Lakhs Ninety-two Thousand Nine Hundred only) Equity Shares of INR 10/- each.

During the year under review, there was no change in the Company s issued, subscribed and paid-up equity share capital of the Company.

The Company has not issued any Sweat Equity Shares, Employee Stock Option and not called for Buy back of Shares during the financial year under review. The Shares of the Company are listed on BSE SME Platform of Stock Exchange.

9. MATERIAL CHANGES AND COMMITMENTS:

During the year under review pursuant to a Share Purchase Agreement dated June 23, 2025, and in compliance with the applicable SEBI regulations, equity shareholding in the Company was transferred from the existing promoters to the new promoters, as disclosed in the Shareholding Pattern submitted to the Bombay Stock Exchange time to time. Additionally, in accordance with the open offer and applicable SEBI regulations, the remaining equity shareholding of the erstwhile promoter/promoter group has been reclassified under the Public category.

Furthermore, the members of the Company in annual general meeting held on September 30, 2025, has Shifted the Registered office of the Company from the State of Tamil Nadu to the Union Territory of Chandigarh.

Furthermore, the members of the Company through postal ballot on December 14, 2025 approve the issue of 98,58,000 equity warrants to Bridge India Fund (Non-Promoter (FPI Category 1) for cash consideration of 35,48,88,000 of which 75% i.e. 26,61,66,000 have been received on allotment of equity warrants and balance to be paid on exercise of equity warrants.

Subsequent to the close of the financial year 2025-26, the members of the Company through postal ballot on May 02, 2026, approved the change in name of the Company from Jetmall Spices and Masala Limited to Artemis ADR Marketplace Limited . The change has been duly approved and updated in the records of both the Ministry of Corporate Affairs (MCA) and the Bombay Stock Exchange (BSE).

10. INTERNAL FINANCIAL CONTROLS:

The Company has its internal financial control systems commensurate with the size and complexity of its operations, to ensure proper recording of financials and monitoring of operational effectiveness and compliance of various regulatory and statutory requirements. The management regularly monitors the safeguarding of its assets, prevention and detection of frauds and errors, accuracy and completeness of the accounting records including timely preparation of reliable financial information. The internal auditor consults and reviews the effectiveness and efficiency of the internal financial control systems and procedure to ensure that all the assets are protected against loss and that the financial and operational information is accurate and complete in all respects. Significant audit observations and corrective actions thereon are presented to the Audit Committee of the Company.

11. DISCLOSURE OF ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNAL:

No significant and material orders have been passed by any Regulator or Court or Tribunal which can have an impact on the going concern status and the Company s operations in future.

12. PARTICULARS OF LOANS, GUARANTEES, INVESTMENTS UNDER SECTION 186:

The Company has not given any loan, guarantees, provided security nor made investments covered under Section 186 of the Companies Act, 2013 during the year under review.

13. BOARD OF DIRECTORS AND ITS COMMITTEES:

A. COMPOSITION OF THE BOARD OF DIRECTORS

(a) The Board of Directors of the Company comprises of four Directors as on 31.03.2026 as mentioned below:

SN DIN	K80NAME OF THE DIRECTOR	DESIGNATION	CATEGORY
1. 11258543	Vivek Sethi	Independent Director	Non-Executive
2. 08350392	Arti Chadha	Director	Executive
3. 06525946	Harpreet Singh	Independent Director	Non-Executive
4. 10302382	Shrey Aggarwal	Whole-time director	Executive

(b) The key managerial personnel as on 31.03.2026 are as follows:

SN PAN / DIN	NAME	DESIGNATION
1. 10302382	Shrey Aggarwal	Whole-time director
2. *****7100P	Nitin Gupta	CFO
3. *****7649L	Puja Kalwar	Company Secretary

(c) Change in directors and key managerial personalfor the year under review are mentioned below;

SN DIN / PAN	Name	Particulars	Date of Appointment / Cessation / Change in Designation
1. *****1873F	Manisha	Resigned as Company Secretary and Compliance Officer	01st August, 2025
2. 02744512	Kushal Kumar Jain	Resigned as Independent Directors	01st September, 2025
3. 10302382	Srinivasan Ravi	Resigned as Independent Directors	01st September, 2025
4. 10299453	Shanmugam	Resigned as Director	01st September, 2025
5. 08899339	Roopal Shreyans Lodha	Resigned as Director	01st September, 2025
6. *****2517N	Shreyans Lodha	Resigned as Chief Financial Officer	01st September, 2025
7. *****5289M	Unni Krishnan Nair	Appointment as Manager	01st September, 2025
8. 11258543	Vivek Sethi	Appointment as Independent Directors	01st September, 2025
9. 08350392	Arti Chadha	Appointment as Directors	01st September, 2025
10 06525946	Harpreet Singh	Appointment as Independent Directors	01st September, 2025
11 10302382	Shrey Aggarwal	Appointment as Whole- time directors	05th September, 2025
12 *****2923G	Anjali	Appointment as Company Secretary and Compliance Officer	01st September, 2025
13 *****2923G	Anjali	Resigned as Company Secretary and Compliance Officer	18 th December, 2025
14 *****7649L	Puja Kalwar	Appointment as Company Secretary and Compliance Officer	21st January, 2026
15 *****7100P	Nitin Gupta	Resigned as Chief Financial Officer	01st September, 2025

Subsequent to the closure of the financial year Mr. Unni Krishnan Nair has submitted his resignation with effect from August 10, 2026

B. MEETINGS

During the year under review, the Board of Directors met 18 times on 22-04-2025, 28-05-2025, 23-06-2025, 09-08-2025, 13-08-2025, 01.09.2025, 05-09-2025, 01.10.2025, 08.10.2025, 03.11.2025, 14.11.2025, 18.12.2025, 07.01.2026, 21.01.2026, 06.02.2026, 18.02.2026, 19.03.2026, 26.03.2026.

The gap between two Board meetings were not more than 120 days. The particulars of name of the Directors and attendance are mentioned below:

S.N	Designation		No. of Meetings in the year 2025-2026		Attended 13 th AGM Held on 30/09/2025
1. Name of the Directors		Held	Entitle Attend	Attended
2. Ms. Roopal Shreyans Lodha	Women Director	18	6	6	NO
3. 2 Mr. Kushal Kumar Jain	Director	18	6	6	NO
4. 3 Mr. Shanmugam	Whole - Time Director	18	6	6	NO
5. 4 Mr. Srinivasan Ravi	Director	18	6	6	NO
6. 5 Vivek Sethi	Independent Director	18	12	12	YES
7. Arti Chadha	Women Director	18	12	12	YES
8. Harpreet Singh	Independent Director	18	12	12	YES
9. Shrey Aggarwal	Whole - Time Director	18	11	11	YES

C. COMMITTEES OF THE BOARD A)AUDIT COMMITTEE: Brief description of terms of reference:

The Audit Committee of the Board acts in accordance with the terms of reference, which is in compliance with the provisions of Section 177 of the Companies Act, 2013 (Act).

The Audit Committee of the Company is entrusted with the responsibility to supervise the Companys internal control and financial reporting process and inter alia performs the following functions: a. Overviewing the Companys financial reporting process and the disclosure of its financial information to ensure that the financial statement is correct, sufficient and credible;

b. Recommending the appointment, remuneration and terms of appointment of auditors of the Company;

c. Reviewing with the management, the annual financial statements and auditors report thereon before submission to the Board for approval, with particular reference to:

Matters required to be included in the Directors Responsibility Statement in terms of clause (c) of sub-section (3) of Section 134 of the Act, 2013;

Changes, if any, in accounting policies and practices and reasons for the same;

Major accounting entries involving estimates based on the exercise of judgment by management;

Significant adjustments made in the financial statements arising out of audit findings;

Compliance with listing and other legal requirements relating to financial statements;

Disclosure of any related party transactions; and

Modified opinion, if any, in the draft audit report.

d. Reviewing with the management, the quarterly financial statements before submission to the Board for approval;

e. Reviewing and monitoring the auditors independence and performance and effectiveness of audit process;

f. Approving or subsequently modifying any transactions of the Company with related parties;

g. Scrutinizing the inter-corporate loans and investments;

h. Reviewing the valuation of undertakings or assets of the Company, wherever it is necessary;

Composition, Meeting and Attendance:

The composition of the Audit Committee comprises of Three Directors. The Committee met 5 times during the year on 28.05.2025, 25.08.2025, 08.09.2025, 07.11.2025, 14.12.2025 and 06.02.2026. The attendance of the members at the committee meeting held during the year is given below:

Name	Designation	Category	No. of Meeting
			Held	Attended
Mr. Kushal Kumar Jain	Chairperson	Independent Director	6	2
Mr. Srinivasan Ravi	Member	Independent Director	6	2
Ms. Roopal Shreyans Lodha	Member	Non-executive Director	6	2

Pursuant to the change in management, the Audit Committee has been reconstituted as under, w.e.f. from 01.09.2025:

Name	Designation	Category	No. of Meeting
			Held	Attended
Mr. Harpreet Singh	Chairperson	Independent Director	6	4
Mr. Vivek Sethi	Member	Independent Director	6	4
Ms. Arti Chadha	Member	Non-executive Director	6	4

Name	Designation	Category
Mr. Harpreet Singh	Chairperson	Independent Director / Non Executive
Mr. Vivek Sethi	Member	Independent Director / Non Executive
Ms. Arti Chadha	Member	Non Independent /Non-executive Director

B)NOMINATION & REMUNERATION COMMITTEE:

Brief description of terms of reference:

a) Guiding the Board to lay down the terms and conditions in relation to the appointment and removal of Director(s), Key Managerial Personnel (KMP) of the Company.

b) Evaluating the performance of the Director(s) and providing necessary report to the Board for its further evaluation and consideration.

c) Recommending to the Board on remuneration payable to the Director(s), KMP of the Company based on (i) the Companys structure and financial performance.

Composition, Meeting and Attendance:

The composition of the Nomination & Remuneration Committee comprises of Three Directors. The Committee met 3 time during the year on 23.06.2025, 01.09.2025 and 06.02.2026. The attendance of the members at the committee meetings held during the year is given below:

Name	Designation	Category	No. of Meeting
			Held	Attended
Mr. Kushal Kumar Jain	Chairperson	Independent Director	3	2
Mr. Srinivasan Ravi	Member	Independent Director	3	2
Ms. Roopal Shreyans Lodha	Member	Non-executive Director	3	2

Pursuant to the change in management, the Nomination and Remuneration Committee has been reconstituted as under, w.e.f. from 01.09.2025:

Name	Designation	Category	No. of Meeting
			Held	Attended
Mr. Harpreet Singh	Chairperson	Independent Director	3	1
Mr. Vivek Sethi	Member	Independent Director	3	1
Ms. Arti Chadha	Member	Non-executive Director	3	1

Name	Designation	Category
Mr. Harpreet Singh	Chairperson	Independent Director/Non-Executive
Mr. Vivek Sethi	Member	Independent Director/Non-Executive
Ms. Arti Chadha	Member	Non- Independent/Non-executive Director

C) STAKEHOLDERS RELATIONSHIP COMMITTEE:

The Stakeholders Relationship Committee is to look after transfer of shares and the investor s complaints, if any, and to redress the same expeditiously. The role and terms of reference of the Committee are in consonance with the requirements mandated under Section 178 of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

Composition, Meeting and Attendance:

The composition of the Stakeholders Relationship Committee comprises of Three Directors. The Committee met 1 time during the year on 01.09.2025. The attendance of the members at the committee meeting held during the year is given below:

Name	Designation	Category	No. of Meeting
			Held	Attended
Mr. Srinivasan Ravi	Chairperson	Independent Director	1	1
Mr. Kushal Kumar Jain	Member	Independent Director	1	1
Ms. Roopal Shreyans	Member	Non-executive director	1	1
Lodha

Pursuant to the change in management, the Stakeholders Relationship Committee has been reconstituted as under, w.e.f. from 01.09.2025:

Name	Designation	Category
Mr. Harpreet Singh	Chairperson	Independent Director/Non-Executive
Mr. Vivek Sethi	Member	Independent Director/Non-Executive
Ms. Arti Chadha	Member	Non- Independent/Non-executive Director

D)BOARD EVALUATION

Pursuant to the provisions of the Companies Act, 2013, Independent Directors at their meeting without the participation of the Non-Independent Directors and Management, considered/evaluated the Boards performance, performance of the Chairman and other Non-independent Directors.

The Board subsequently evaluated its own performance, the working of its Committees and the Independent Directors.

E)STATEMENT ON DECLARATION BY THE INDEPENDENT DIRECTORS OF THE COMPANY:

The Company has received necessary declarations from the Independent Directors stating that they meet the criteria of independence as specified in Section 149(6) of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015.

13. DIRECTORS RESPONSIBILITY STATEMENT

In terms of the requirements of Section 134(5) of the Companies Act, 2013, we, on behalf of the Board of Directors, hereby confirm that:

a) The preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

b) The Directors had selected such accounting policies and applied them consistently and made judgments and estimate that are 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 financial year and of the loss of the Company for that period 2025-2026;

c) 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;

d) The Directors had prepared the annual accounts on going concern basis.

e) The directors had laid down internal financial controls to be followed by the company and such internal financial controls are adequate and were operating effectively.

f) The directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

14. AUDITORS:

M/s K Singh & Associates, Chartered Accountants, (FRN 012458N), Chandigarh was appointed as statutory auditor of the company for the financial year 2025-2026 to fill casual vacancy caused by resignation of M/s DARPAN & ASSOCIATES, Chartered Accountants (FRN 0161565), Chennai, in terms of the provisions of Section 139(8) of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014 (The Rules).

M/s K Singh & Associates, Chartered Accountants, (FRN 012458N), Chandigarh is retiring at the ensuing Annual General Meeting of the company. Your directors at the board meeting of the company held on 27 th August, 2026, recommend the re-appointment of M/s K Singh & Associates, Chartered Accountants, (FRN 012458N), Chandigarh as statutory auditor of the company subject to the approval of shareholders of the company to hold office from the conclusion of Fourteenth (14 th ) AGM till the conclusion of the Nineth (18 th ) AGM of the company to be held in year 2030.

Company has received certificate from the Auditors to the effect they are not disqualified to continue as statutory auditors under the provisions of applicable laws.

There are no observations (including any qualification, reservation, adverse remark or disclaimer) of the Auditors in their Audit Report.

15. AUDITORS REPORT:

The remarks in the Auditors Report and Notes on financial statement referred to in the Auditor s Report are self-explanatory and do not call for any further comments. Also there has been no instance of fraud reported by the statutory auditors for the financial year under review.

16. SECRETARIAL AUDIT

Pursuant to provisions of Section 204 of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014, your Company engaged the services of Ms. Nishant Jain and Associates, Company Secretary in Practice, Delhi to conduct the Secretarial Audit of the Company for the financial year ended March 31, 2026. The Secretarial Audit Report (in Form MR-3) is attached as Annexure -A to this Report.

17. REPLY FOR COMMENTS IN SECRETARIAL AUDITORS REPORT:

Secretarial Audit qualification/comments	Directors Comment
The Company is in the process of ensuring completion of the online proficiency self- assessment test by the concerned Independent	The Company has taken note of the observation. The concerned Independent
Director, as required under Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014. Accordingly, the requisite compliance in this regard remains to be completed.	Director has been advised to complete the online proficiency self-assessment test conducted by the Indian Institute of Corporate Affairs within the prescribed period. The Company shall ensure compliance with the applicable provisions in this regard.
The Company has accepted deposits during the year. However, the requisite approval applicable to such acceptance was pending obtained as at the date of our audit.	The Company has taken note of the observation. The Company is in the process of obtaining the requisite approval applicable to the acceptance of deposits and shall ensure compliance with the applicable provisions of the Companies Act, 2013 and rules made thereunder.

18. CORPORATE SOCIAL RESPONSIBILITY POLICY:

The Company does not fall under the class of Companies mentioned under Section 135 of the Companies Act, 2013, read with Companies (Corporate Social Responsibility) Rules, 2014. Hence, the Company has not spent any funds towards Corporate Social Responsibility.

19. VIGIL MECHANISM:

In compliance with the provisions of Section 177(9) the Board of Directors of the Company has framed the Whistle Blower Policy as the vigil mechanism for Directors and employees of the Company.

20. MANAGEMENT DISCUSSION & ANALYSIS:

A detailed analysis on the performance of the industry, the company, internal control systems, risk management are enumerated in the Management Discussion and Analysis report forming part of this report and annexed as Annexure-B .

21. CORPORATE GOVERNANCE REPORT:

The compliance with the corporate governance provisions as prescribed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable to the Company, as the

Company s shares are listed in BSE SME Exchange. Hence, the report on Corporate Governance is not provided.

22. CODE OF CONDUCT:

Declarations have been received from Directors and senior management officials affirming compliance with the Code of Conduct by the Directors and senior management personnel of the Company for the financial year 2025 2026 which forms part of the Directors report as ANNEXURE C.

23. PARTICULARS OF CONTRACTS OR ARRANGEMENT WITH RELATED PARTIES:

All related party transactions that were entered into during the financial year were on an arm s length basis and were in the ordinary course of business. There are no materially significant related party transactions made by the Company with Promoters, Directors, Key Managerial Personnel or other designated persons which may have a potential conflict with the interest of the Company. Particulars of Transactions with Related party noted in accounts forming part of the Financial Statements.

Further all the necessary details of transaction entered with the related parties as defined under Section 188 of the Companies Act, as defined under Section 2 (76) of the said Act are attached herewith in form no. AOC-2 for your kind perusal and information as ANNEXURE D .

24. RISK MANAGEMENT:

Your company has developed and implemented a Risk Management Policy which includes identification of elements of risk, if any, which in the opinion of the Board, may threaten the existence of the Company.

25. DETAILS TO BE DISCLOSED UNDER RULE 5(2) OF THE COMPANIES (APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL) RULES, 2014:

There are no employees whose details are required to be furnished in terms of Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Having regard to the provisions of Section 136(1) read with its relevant proviso of the Companies Act, 2013, the disclosure pertaining to remuneration and other details as required under Section 197(12) of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014, forming part of the Annual Report, is available for inspection at the registered office of the company during working hours. Any member interested in obtaining such information may write to the Company Secretary and the same will be furnished without any fee and free of cost.

26. PARTICULARS OF CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE EARNINGS AND OUTGO:

The Company is taking utmost care of the Conservation of Energy. The Company has no activity in relation to Technology absorption. The company has no foreign exchange outgo or inflow.

27. SECRETARIAL STANDARDS:

The Company has complied with the applicable secretarial standards viz., SS-1 on meetings of Board of Directors and SS-2 on General Meetings issued by Institute of Company Secretaries of India as per section 118 (10) of the Companies Act, 2013.

28. TRANSFER TO THE CREDIT OF INVESTOR EDUCATION PROTECTION FUND:

There are no amounts which need to be transferred to the Investor Education and Protection Fund.

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

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of The

Sexual Harassment of Women at Workplace Prevention, Prohibition and Redressal) Act, 2013. During the year there were no complaints received or pending. As per the notification of Ministry of Corporate affairs effective from July 14, 2025, the following disclosure is also being made: a. Number of sexual harassment complaints received - NIL b. Number of complaints disposed of - NIL c. Number of cases pending for more than 90 days NIL

30. DISCLOSURES UNDER MATERNITY BENEFIT ACT, 1961

Pursuant to the provisions of Rule 8(5)(viii) of the Companies (Accounts) Rules 2014, the Company hereby confirms that it has complied with the provisions of the Maternity Benefit Act, 1961.

31. DISCLOSURE OF FRAUDS IN THE BOARD S REPORT UNDER SECTION 143 OF THE

COMPANIES ACT, 2013:

There have been no instances of fraud reported by the Auditors under Section 143(12) of the Companies Act, 2013.

32. DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (31 OF 2016) DURING THE YEAR ALON WITH THEIR STATUS AS AT THE END OF THE FINANCIAL YEAR:

There is no application made or any Proceeding pending against the Company under the Insolvency and Bankruptcy Code, 2016 during the financial year

33. DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH THE REASONS THEREOF:

There are no instances of one-time settlement during the financial year.

34. ACKNOWLEDGEMENT

Your Directors take this opportunity to thank the customers, suppliers, bankers, business partners / associates, financial institutions and various regulatory authorities for their consistent support / encouragement to the Company. Your Directors would also like to thank the Members for reposing their confidence and faith in the Company and its Management.

By Order of the Board For
ARTEMIS ADR MARKETPLACE LIMITED
(Formerly known as Jetmall Spices and Masala Limited)

SD/-	SD/-
Shrey Aggarwal	Arti Chadha
Whole-time Director	Director
(DIN: 08193099)	(DIN: 08350392)

Date: August 27, 2026
Place: Chandigarh