Shreeji Global FMCG Ltd Directors Report

To,

The Members of

SHREEJI GLOBAL FMCG LIMITED

(Formerly known as Shreeji Agri Commodity Private Limited

and Shreeji Agri Commodity Limited)

THE SPIRE, OFFICE NO. 1205,150 FEET RING ROAD,

NEAR AYODHYA CIRCLE

RAJKOT - 360006 GUJARAT

Your directors are pleased to present the 9th Annual Report of Shreeji Global FMCG Limited ("the Company") together with the Audited Financial Statements and the Auditors Report thereon for the financial year ended March 31, 2026.

The financial year 2025-26 marks an important milestone in the Companys journey, as during the year the Company successfully completed its Initial Public Offering and its Equity Shares were listed on the SME Emerge Platform of National Stock Exchange of India Limited ("NSE") on November 12, 2025.

The listing marks an important step in the Companys growth journey and has further strengthened the Companys commitment towards transparency, corporate governance, regulatory compliance and responsible value creation for its stakeholders.

> FINANCIAL SUMMARY AND HIGHLIGHTS (In lakhs)

Particulars	Current year	Previous Year
Revenue from Operations	76,639.95	64,892.14
Other Income	335.78	334.69
TOTAL REVENUE	76975.74	65226.83
Less: Depreciation/ Amortization/ Impairment	112.34	112.21
Profit/loss before Finance Costs, Exceptional items and Tax Expense	76683.39	65114.62
Less: Finance Costs	351.10	293.23
Less: Other Operating & Non-Operating Expenses	73821.66	63189.87
Profit/loss before Exceptional items and Tax Expense	2690.64	1631.52
Add/(less): Exceptional items	0.00	0.00
Profit /loss before Tax Expense	2690.64	1631.52
Less: Tax Expense
Current Tax	698.72	199.30
Deferred Tax	-0.12	4.49
Profit /loss for the year (1)	1992.04	1223.25

> State of Companys Affairs and Operational Result:

The Company recorded Revenue from Operations of Rs76,640 Lakhs during FY 2025-26 as against Rs64,892 Lakhs during FY 2024-25, registering a growth of 18.10%.

The Profit After Tax stood at Rs1,992 Lakhs, compared with Rs1,223 Lakhs in the previous financial year, representing a growth of 62.83%.

The Companys performance during the year reflects its continued focus on business growth, operational efficiency, cost management and disciplined execution.

> INITIAL PUBLIC OFFERING AND LISTING

FY 2025-26 marked a significant milestone in the Companys corporate journey with the successful completion of its Initial Public Offering ("IPO") and listing of its Equity Shares on the SME Emerge Platform of National Stock Exchange of India Limited ("NSE") on November 12, 2025.

The listing has provided the Company with a broader platform for pursuing its growth objectives and has also enhanced its responsibilities towards shareholders and other stakeholders.

Sr. No.	Objects of the Issue	The Total Money raised	The Money Utilized till March 26	The Unutilized Amount
1	Capital Expenditure for Factory Premises	567.41	144.87	422.54
2	Capital Expenditure for plant and machineries & Cold Storage Facility;	2900.76	56.49	2844.27
3	Capital Expenditure for Solar Power for internal consumption	424.80	20.00	404.80
4	Working Capital	3354.00	3354.00	0.00
5	General Corporate Purpose	1000.00	1000.00	0.00
6	Pre-IPO Expenses	253.03	253.03	0.00
	Total	8500.00	4828.39	3671.61

Following its listing, the Company has continued to strengthen its corporate governance framework, compliance systems and internal processes to meet the requirements applicable to a listed entity.

The Company remains committed to transparency, sound governance practices, regulatory compliance, prudent capital allocation and sustainable long-term value creation.

> UTILISATION OF IPO PROCEEDS:

During the year, the Company raised funds through a public issue via Initial Public Offering (IPO) and was listed on the Stock Exchanges on November 12, 2025. The Company confirms that the proceeds raised through the Initial Public Offer ("IPO") are being utilised in accordance with the objects stated in the Prospectus dated November 08, 2025. Pending utilisation, the unutilised IPO proceeds have been temporarily invested in fixed deposits/ current accounts in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company confirms that there has been no deviation or variation in the utilisation of the proceeds raised through the Initial Public Offer during the Financial Year ended March 31, 2026.

The details of utilisation of the IPO proceeds as on March 31, 2026 are as under:

DIVIDEND:

The Board of Directors, keeping in view the Companys financial performance, future requirements and overall financial position, has recommended a final dividend of Rs 0.25 per Equity Share of face value of Rs 10 each for the financial year ended March 31, 2026.

The proposed dividend is subject to approval of the Members at the ensuing Annual General Meeting.

Upon approval by the Members, the dividend will be paid to eligible shareholders in accordance with the applicable provisions of the Companies Act, 2013 and SEBI regulations.

> DIVIDEND DISTRIBUTION POLICY:

As per the provisions of Regulation 43A of the Securities and Exchanges Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), as amended, the Company is not required to formulate and disclose its Dividend Distribution Policy.

> TRANSFER TO RESERVES

For the financial year ended 31st March, 2025, the Company had not transferred any sum to Reserve Account. Therefore, your Company remained the balance of profit to Surplus Account.

> INVESTOR EDUCATION AND PROTECTION FUND (IEPF):

During the year under review, there were no instances incurred pursuant to which Company would required to transfer any amount to Investor Education and Protection Fund. Hence no reporting under this is required.

> SUBSIDIARIES/JOINT VENTURES/ASSOCIATES:

The Company does not have Subsidiary, Joint Venture and Associate Company as on 31st march, 2026.

> COMMENCEMENT OF ANY NEW BUSINESS

During the financial year under review no new business commenced by the company.

> MATERIAL CHANGES AND COMMITMENTS

There have been no material changes and commitments affecting the financial position of the Company, which have occurred between March 31, 2026, and the date of this Report.

> DETAILS OF REVISION OF FINANCIAL STATEMENT OR ANNUAL REPORT

No revision of the financial statement or Annual report has been revised during Financial Year ended on March 31, 2026 or for any of the three Preceding financial year.

> SHARE CAPITAL STRUCTURE OF THE COMPANY:

a) Authorized Capital:

During the year under review, the Companys Authorised Share Capital of the Company is Rs.16,00,00,000/- (Rs. Sixteen Crore Only) divided into 1,60,00,000 Equity Shares of Rs. 10 /- each.

b) Issued Capital, Subscribed and Paid-up Capital:

The paid-up share capital of the Company as on March 31, 2026 stood at Rs 22,76,00,000 (Rupees Twenty Two Crore Seventy-Six Lakhs only) divided into 2,27,60,000 Equity Shares of Rs. 10 Each.

During the year, pursuant to the Initial Public Offering, the Company issued 68,00,000 Equity Shares of face value of Rs 10 each at an issue price of Rs125 per Equity Share.

The Equity Shares of the Company are listed on the SME Emerge Platform of National Stock Exchange of India Limited.

> CREDIT RATING:

During the year under review, the Companys bank facilities aggregating to Rs40.00 Crore were assigned credit ratings by Infomerics Valuation and Rating Pvt. Ltd. (INFOMERICS). The Company received a rating of IVR BBB-/Stable for its Long-Term Facilities and IVR BBB-/Stable/IVR A3 for its Long-Term/Short-Term Facilities.

The rating indicates a moderate degree of safety regarding timely servicing of financial obligations for the long-term facilities.

> MANAGEMENT OF THE COMPANY:

1. THE BOARD OF DIRECTORS

As on March 31, 2026, the Board of Directors of the Company comprised:

Sr. No.	Name of Director	Designation of Director
1	Mr. Jitendra Kakkad	Chairman & Managing Director
2	Mr. Vivek Kakkad	Whole Time Director
3	Mrs. Dhruti Kakkad	Non-Executive Director
4	Mr. Vaibhav Kakkad	Independent Director
5	Mr. Harilal Thumar	Independent Director
6	Mr. Jignesh Mehta	Independent Director

The composition of the Board is in accordance with the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the extent applicable to the Company.

During the year, Mr. Vaibhav Kakkad (DIN: 08148272) was appointed as an additional Independent Director of the Company w.e.f. June 26, 2025 and his regularization of appointment was approved in the Annual General Meeting held on September 30, 2025

2. KEY MANAGERIAL PERSONNEL OF THE COMPANY:

Pursuant to the provisions of Section 2 (51) and 203 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the following have designated as the Key Managerial Personnel of the company as On March 31, 2026:

Sr. No.	Name of Director	Designation
1	Mr. Jitendra Kakkad	Chairman & Managing Director
2	Mr. Vivek Kakkad	Whole Time Director
3	Ms. Dhruti Sureja	Chief Financial Officer
4	Ms. Jalpa Doshi*	Company Secretary and Compliance Officer

*Ms. Jalpa Doshi has resigned from her designation w.e.f. August 15, 2026.

3. DIRECTOR RETIRING BY ROTATION

In accordance with the provisions of Section 152 of the Companies Act, 2013, Mr. Vivek T. Kakkad (DIN: 08020044), Whole Time Director of the Company retires by rotation at the ensuing Annual General Meeting and, being eligible, has offered himself for re-appointment.

The Board recommends his re-appointment for consideration and approval of the Members.

The requisite details of the Director seeking re-appointment, as required under applicable provisions of the Companies Act, 2013, SEBI LODR Regulations and Secretarial Standards, are provided in the Notice convening the ensuing AGM.

4. DECLARATION BY INDEPENDENT DIRECTORS

The Independent Directors of the Company have furnished declarations confirming that they meet the criteria of independence as provided under Section 149(6) of the Companies Act, 2013 and the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board is of the opinion that the Independent Directors possess the requisite integrity, expertise and experience for performing their duties as Independent Directors of the Company.

During the year under review, the Independent Directors of the Company had no pecuniary relationship or transactions with the Company, other than payment of commission and sitting fees for the purpose of attending meetings of the Board and the Committees of the Company.

5. Meetings of the Board

The Board meetings are convened regularly to review and determine the Companys business policies and strategies, alongside other key governance matters. It maintains robust operational oversight with quarterly meetings featuring comprehensive presentations. Board and Committee meetings are scheduled in advance and a tentative annual calendar is shared with Directors well ahead of time, enabling them to plan their schedules effectively and participate meaningfully in discussions. Only in case of special and urgent business matters, if the need arises,

Boards or Committees approval is taken by calling the Board / Committee meetings at shorter notice, in accordance with the applicable law. The agenda for the Board and Committee meetings includes detailed notes on the items to be discussed to enable the Directors to make an informed decision.

During the year under review, Twenty (20) Meetings of the Board of Directors were held, and the attendance of the Directors at the Meetings held is provided below:

Sr. No.	Date of Meeting	Number of Directors entitled to attend	Number of Directors attended Meeting
01/2025-26	16-04-2025	5	5
02/2025-26	10-05-2025	5	5
03/2025-26	02-06-2025	5	5
04/2025-26	26-06-2025	5	5
05/2025-26	28-06-2025	6	6
06/2025-26	01-08-2025	6	6
07/2025-26	12-08-2025	6	6
08/2025-26	20-08-2025	6	6
09/2025-26	11-09-2025	6	6
10/2025-26	13-09-2025	6	6
11/2025-26	25-09-2025	6	6
12/2025-26	14-10-2025	6	6
13/2025-26	08-11-2025	6	6
14/2025-26	10-11-2025	6	6
15/2025-26	30-11-2025	6	5
16/2025-26	02-12-2025	6	6
17/2025-26	05-01-2026	6	4
18/2025-26	03-02-2026	6	5
19/2025-26	14-02-2026	6	4
20/2025-26	27-03-2026	6	6

6. PRESENCE/ATTENDANCE OF DIRECTORS IN THE MEETINGS

SN	Name of Director	Board Meeting No of Meeting held	Board Meeting No of Meeting attended
1	DHRUTI JITENDRA KAKKAD	20	19
2	JITENDRA TULSHIDAS KAKKAD	20	20
3	VIVEK TULSHIDAS KAKKAD	20	20
4	HARILAL THUMAR	20	17
5	JIGNESH MEHTA	20	19
6	VAIBHAV KAKKAD	16	15

> COMMITTEES OF THE BOARD:

The Company has constituted the Committees of the Board as required under the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Committees include, as applicable:

- Audit Committee;

- Nomination and Remuneration Committee;

- Stakeholders Relationship Committee;

A. Composition of Audit Committee

The Audit Committee has been constituted in accordance with the applicable provisions of Section 177 of the Companies Act, 2013.

The principal functions of the Audit Committee include oversight of the Companys financial reporting process and disclosure of financial information, review of financial statements and related matters, review of accounting policies and significant financial reporting issues, evaluation of internal financial controls and risk management systems, review of internal and statutory audit matters and such other functions as may be assigned to the Committee by the Board or prescribed under applicable law.

The Committee also reviews related party transactions and other matters placed before it in accordance with applicable statutory requirements.

Meetings and Attendance:

During the year under Review, the 8 (Eight) Audit Committee meetings were held. The dates on which meetings were held are, April 16, 2025, May 10, 2025, August 12, 2025, September 11, 2025, September 25, 2025, December 02, 2025, February 14, 2026 and March 27, 2025 and attendance of its members are provided below.

Sr. No.	Name of Member	Designation in Committee	Meetings Eligible to attend	Meetings attended
1	Vaibhav Kakkad	Chairperson	6	6
2	Jignesh Mehta	Member	8	8
3	Jitendra Kakkad	Member	6	6

B. Stakeholders Relationship Committee

Pursuant to Section 178(5) of the Companies Act, 2013, the Board duly constituted Stakeholder Relationship Committee to look into the redressal of complaints of investors such as transfer or credit of shares, non-receipt of dividend/notices/annual reports, etc.

During the year, 1 (One) Meeting for the said Committee was held:

Sr. No.	Name of Member	Designation in Committee	Meetings eligible to attend	Meetings attended
1	Dhruti Kakkad	Chairperson	1	1
2	Jignesh Mehta	Member	1	1
3	Jitendra Kakkad	Member	1</td>	1

C. Nomination and Remuneration Committee

Pursuant to Section 178(3) of the Companies Act, 2013, the Board duly constituted Nomination and Remuneration Committee and have laid down the following criteria:

- Formulation of the criteria for determining qualifications, positive attributes and independence of a director and recommend to the Board a policy, relating to the remuneration of the directors, key managerial personnel and other employees.

- Formulation of criteria for evaluation of performance of independent directors and the Board.

- Devising a policy on Board diversity

- Identifying persons who are qualified to become directors of the Company and who may be appointed in senior management in accordance with the criteria laid down, and recommend to the Board their appointment and removal.

- Recommending the remuneration, in whatever form, payable to the senior management personnel.

- Determining whether to extend or continue the term of appointment of the independent director, on the basis of the report of performance evaluation of independent directors.

- Perform such functions as are required to be performed by the NRC committee under the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014.

- Performing such other activities as may be delegated by the Board and/or are statutorily prescribed under any law to be attended to by the Nomination and Remuneration Committee.

- During the year under review, 2 (Two) NRC Committee Meetings were held on June 26, 2025 and March 27, 2023.

- The composition of NRC as on March 31, 2026 and Meetings held by the members are as below:

Sr. No.	Name of Member	Designation in Committee	Meeting Eligible to Attend	Meeting Attended
1	Vaibhav Kakkad	Chairperson	1	1
2	Jignesh Mehta	Member	2	2
3	Dhruti Kakkad	Member	2	2

> Annual evaluation of Boards Performance

The evaluation framework for assessing the performance of the Directors of the Company comprises of contributions at the Meeting(s) and strategic perspective or inputs regarding the growth and performance of the Company, amongst others. The Board carried out an annual performance evaluation of its own performance, the individual Directors as well as the working of the Committees of the Board. The performance evaluation of the Independent Directors was carried out by the entire Board. The performance evaluation of the Chairman and the Non-Independent Directors was carried out by Independent Directors.

> POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION:

The Company has framed a Nomination and Remuneration Policy for selection and appointment of Directors including determining qualifications and independence of a Director, Key Managerial Personnel (KMP), Senior Management Personnel and their remuneration as part of its charter and other matters provided under Section 178(3) of the Companies Act, 2013.

The Nomination and Remuneration Policy has been placed on the website of the Company at www.shreejifmcg.com

We affirm that the remuneration paid to Directors, senior management and other employees is in accordance with the remuneration policy of the Company.

> CODE FOR PREVENTION OF INSIDER TRADING:

The Company has adopted a Code of Conduct to regulate, monitor and report trading by designated persons and their immediate relatives as per the requirements under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. This Code of Conduct also includes code for practices and procedures for fair disclosure of unpublished price sensitive information, which has been available on the Companys website at www.shreejifmcg.com

> POLICY FOR DETERMINATION OF MATERIALITY OF ANY EVENT/ INFORMATION:

This policy requires the Company to make disclosure of events or information, which are material to the Company as per the requirements of Regulation 30 of the Listing Regulations. Policy has been placed on the Companys website at www.shreejifmcg.com

> POLICY FOR DETERMINING MATERIAL SUBSIDIARIES:

The policy is used to identify material subsidiaries of the Company and to provide a governance framework for such material subsidiaries. Policy on determining Material Subsidiaries has been placed on the Companys website at www.shreejifmcg.com

> ARCHIVAL POLICY:

As per the policy, the events or information which has been disclosed by the Company to the Stock Exchanges pursuant to Regulation 30 of the Listing Regulations shall be hosted on the website of the Company for a period of 5 years from the date of hosting.

> CODE OF CONDUCT:

The Board of your Company has laid down Code of Conduct, for all the Board Members and the other for Employees of the Company. This Code is the central policy document, outlining the requirements that the employees working for and with the Company must comply with, regardless of their location. Policy on code of conduct has been placed on the Companys website.

> REMUNERATION OF DIRECTORS AND EMPLOYEES:

Pursuant to Section 134(3)(q) and Section 197 (12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 for the year ended March 31, 2026 and forming part of the Directors Report for the said financial year is provided in "Annexure-I".

> PARTICULARS OF EMPLOYEES

Provision related to the particulars of the employees employed by the company falling within Section 197 read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is not applicable to the Company.

> DIRECTORS RESPONSIBILITY STATEMENT

In pursuance of the provisions of Section 134 (3) (c) and 134 (5) of the Act, the directors of your Company state that:

1. in preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures, if any;

2. the directors had 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 at the end of the financial year and of the profit and cash flow of the Company for that period;

3. the directors had taken proper and sufficient care for 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;

4. the directors had prepared the annual accounts on a going concern basis;

5. the Directors, had laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively.

6. The directors have ensured compliance with provisions of all applicable laws.

> INTERNAL FINANCIAL CONTROLS

The Companies Act, 2013 re-emphasizes the need for an effective Internal Financial Control system in the Company. The system should be designed and operated effectively. Rule 8(5) (viii) of Companies (Accounts) Rules, 2014 requires the information regarding adequacy of Internal Financial Controls with reference to the financial statements to be disclosed in the Boards report. To ensure effective Internal Financial Controls the Company has laid down the following measures:

1. The internal financial control systems are commensurate with the size and nature of its operations.

2. All legal and statutory compliances are ensured on a timely basis. Non-compliance, if any, is seriously taken by the management and corrective actions are taken immediately. Any amendment is regularly updated by internal as well as external agencies in the system.

3. Approval of all transactions is ensured through a preapproved Delegation of Authority Schedule which is reviewed periodically by the management.

4. The Company follows a robust internal audit process. Transaction audits are conducted regularly to ensure accuracy of financial reporting, safeguard and protection of all the assets. Fixed Asset verification of assets is done on an annual basis. The audit reports for the above audits are compiled and submitted to Board of Directors for review and necessary action.

> REPORTING OF FRAUDS BY AUDITORS

For the Financial year ended on March 31, 2026, the Statutory Auditor has not reported any instances of frauds committed in the Company by its Officers or Employees.

> INFORMATION ABOUT SUBSIDIARY/JOINT VENTURES/ASSOCIATE COMPANY

Company does not have any Subsidiary, Joint venture or Associate Company.

> DEPOSITS

The company has not accepted deposits from public within the meaning of Section 73 of the Companies Act, 2013.

The stakeholders may refer notes to the financial statements and audit report part of this report.

> LOANS, GUARANTEES AND INVESTMENTS

The Company has not made / given / advanced any Loan, Guarantee and Investment during the financial year covered under section 186 of the Companies Act, 2013.

> RELATED PARTY TRANSACTIONS

All related party transactions that were entered into during the financial year were on an arms 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 no potential conflict with the interest of the Company. Particulars of Transactions with Related party given in notes on 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 as an Annexure II for your kind perusal and information.

> CORPORATE SOCIAL RESPONSIBILITY (CSR)

The brief outline of the Corporate Social Responsibility (CSR) policy of the Company and the initiatives under taken by the Company on CSR activities during the year under review are set out in Annexure III of this report in the format prescribed in the Companies (Corporate Social Responsibility Policy) Rules, 2014.

> ENERGY CONSERVATION, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE EARNINGS AND OUTGO

Information on conservation of Energy, Technology absorption, Foreign Exchange earnings and outgo required to be disclosed under Section 134 of the Companies Act, 2013 read with Companies (Accounts) Rules, 2014 are provided hereunder:

PARTICULARS	REMARKS
A) CONSERVATION OF ENERGY:
> the steps taken or impact on conservation of energy;	The Corporation is taking due care for using electricity in the office and its branches. The Corporation usually takes care for optimum utilization of energy. No capital investment on energy Conservation equipment made during the financial year.
> the steps taken by the company for utilizing alternate sources of energy;
> the capital investment on energy conservation equipment;
B) TECHNOLOGY ABSORPTION:
> the efforts made towards technology absorption;	NA
> the benefits derived like product improvement, cost reduction, product development or import substitution;	NA
> in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)-	NA
(a) the details of technology imported;
(b) the year of import;
(c) whether the technology been fully absorbed;
(d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof; Not applicable since 5 years period is over
> the expenditure incurred on Research and Development	NA
(c) FOREIGN EXCHANGE EARNINGS AND OUTGO:
> The Foreign Exchange earned in terms of actual inflows during the year and the Foreign Exchange outgo during the year in terms of actual outflows	Sr. No. Particulars In Rs. 01 Earning 75,43,27,953 02 Outflow 87,97,500

> RISK MANAGEMENT

Risks are events, situations or circumstances which may lead to negative consequences on the Companys businesses. Risk management is a structured approach to manage uncertainty. A formal enterprise-wide approach to Risk Management is being adopted by the Company and key risks will now be managed within a unitary framework. As a formal roll-out, all business divisions and corporate functions will embrace Risk Management Policy and Guidelines, and make use of these in their decision making. Key business risks and their mitigation are considered in the annual/strategic business plans and in periodic management reviews. The risk management process in our multi-business, multi-site operations, over the period of time will become embedded into the Companys business systems and processes, such that our responses to risks remain current and dynamic.

> VIGIL MECHANISM / WHISTLE BLOWER POLICY

The Company has adopted a Whistle Blower Policy and has established the necessary mechanism in line with the requirements under the Companies Act, 2013, Listing Agreement and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. However, there is no complain received during the year under review.

> REGULATORY ACTION

There are no significant and material orders passed by the regulators or courts or Tribunals that could impact the going concern status and operations of the company in future.

> STATUTORY AUDITORS AND THEIR REPORT

M/s SCSSK & ASSOCIATES, Chartered Accountants (Firm Registration No. 134606W) were appointed as statutory auditor of the company to hold office for a period of 5 years till the end of the AGM to be held in the year 2029.

The Statutory Auditors M/s SCSSK & ASSOCIATES, Chartered Accountants, [ICAI Firm Registration No. 134606W] have issued their reports on Financial Statements for the year ended March 31, 2026. There are no adverse remarks or qualifications in the said report. The Notes on Accounts referred to in the Auditors Report are self-explanatory and do not call for any further comments.

As required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Auditors have also confirmed that they hold a valid certificate issued by the Peer Review Board of the Institute of Chartered Accountants of India.

Pursuant to Section 141 of the Act, the Auditors have represented that they are not disqualified and eligible to act as the Auditor of the Company and not taken up any prohibited non-audit assignments for the Company.

> INTERNAL AUDITOR:

Pursuant to the provisions of Section 139 of the Companies Act, 2013 and The Companies (Accounts) Rules, 2014, during the year under review the Internal Audit of the functions and activities of the Company was undertaken by M/s. VINAY P GUPTA & CO, (FRN: 161659W), the Internal Auditors of the Company.

There were no adverse remarks or qualification on accounts of the Company from the Internal Auditors.

> SECRETARIAL AUDITORS

Pursuant to the provisions of Section 204 of the Companies Act, 2013 ("the Act"), read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), the Company had appointed Jain Preeti & Co. Company Secretaries (Membership No. F13336, COP-14964) to conduct the Secretarial Audit of the Company for the financial year ended March 31, 2026.

The Secretarial Audit Report in the prescribed Form MR-3 is annexed to this Report as Annexure-IV.

Management Response for the observations mentioned in the report:

The Management has taken note of the observations. With respect to the filing of Form MGT-14 for the appointment of the Internal Auditor and Secretarial Auditor, the requisite Form MGT-14 has been duly filed by the Company as on the date of this Report and the observation stands complied with.

With respect to the non-registration of charges in respect of the overdraft facilities availed against Fixed Deposits from State Bank of India and YES BANK, respectively, the Management has taken note of the observation and shall take necessary steps for registration of the said charges with the Registrar of Companies in accordance with the applicable provisions.

> COST RECORDS

Pursuant to Section 148 of the Companies Act, 2013 read with The Companies (Cost Records and Audit) Amendment Rules, 2014, the cost audit records maintenance is not applicable on the company.

> CORPORATE INSOLVENCY RESOLUTION PROCESS INITIATED UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (IBC)

No such process initiated during the period under review under the Insolvency and Bankruptcy Code, 2016 (IBC)

> IMPLEMENT ANY CORPORATE ACTION

All the corporate action taken during financial year ended on March 31, 2026 and reporting for the same with the concerned department has been completed within specified time limit.

> ANNUAL RETURN

The copy of Annual Return as required under section 134(3) of the Companies Act, 2013, is available on Companys website i.e. www.shreejifmcg.com for the kind perusal and information.

> DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION 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 the Workplace (Prevention, Prohibition & Redressal) Act, 2013.

Internal Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this policy.

Your Directors state that during the year under review, there were no cases filed pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

> HUMAN RESOURCES AND INDUSTRIAL RELATIONS

The Company takes pride in the commitment, competence and dedication of its employees in all areas of the business. The Company has a structured induction process at all locations and management development programs to upgrade skills of managers. Objective appraisal systems based on key result areas (KRAs) are in place for senior management staff.

The Company is committed to nurturing, enhancing and retaining its top talent through superior learning and organizational development. This is a part of our Corporate HR function and is a critical pillar to support the organizations growth.

> HEALTH, SAFETY AND ENVIRONMENT PROTECTION

Companys Health and Safety Policy commit to comply with applicable legal and other requirements connected with occupational Health, Safety and Environment matters and provide a healthy and safe work environment to all employees of the Company.

> SECRETARIAL STANDARDS

The Company has complied with Secretarial Standards issued by the Institute of Company Secretaries of India on Board and General Meetings of the Company.

> MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

Management Discussion and Analysis Report for the financial year under review, as stipulated under Regulation 34(2)(e) of SEBI (LODR) Regulations is presented in a separate section as Annexure-V forming part of the Annual Report.

> BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT (BRSR):

Pursuant to Regulation 34 (2) (f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Business Responsibility and Sustainability Report ("BRSR") for the year ended 31st March, 2026 is not applicable to the company.

> GENERAL DISCLOSURE:

The Directors state that no disclosure or reporting is required in respect of the following items, as there were no transactions/events related to these items during the financial year under review:

1. There was no revision made in Financial Statements or the Boards Report of the Company;

2. The Company has not come up with any Right issue, Qualified Institutional Placement, Issue of Employee Stock Options, Issue of Sweat Equity Shares, Issue of Debentures, issue of Bonds etc.

3. Issue of equity shares with differential rights as to dividend, voting or otherwise;

4. Made any change in voting rights;

5. Suspension of trading of equity shares of the Company;

6. One time settlement of loan obtained from the Banks or Financial Institutions;

7. No application for Bankruptcy under the Insolvency & Bankruptcy Code, 2016 was made against the Company during the financial year under review nor are there any pending proceedings for the same.

> APPRECIATION AND ACKNOWLEDGEMENT

Your directors place on records their deep appreciation to employees at all levels for their hard work, dedication and commitment. The Board places on record its appreciation for the support and co-operation, your company has been receiving from its Suppliers, Retailers, Dealers & Distributors and others associated with the Company. The Directors also take this opportunity to thank all Clients, Vendors, Banks, Government and Regulatory Authorities for their continued support.

FOR & ON BEHALF OF THE BOARD OF DIRECTORS

SHREEJI GLOBAL FMCG LIMITED

JITENDRA TULSHIDAS KAKKAD

DIN : 08020037

(Managing Director)

VIVEK TULSHIDAS KAKKAD

DIN : 08020044

(Director)

Date: 01/09/2026

Place: Rajkot