Your Directors have pleasure in presenting the 28^th Annual Report together with the Audited
Statement of Accounts of your Company for the Year ended March 31, 2026.

Financial Results:

The Company’s financial performance, for the year ended March 31, 2026:

Company’s Performance (Standalone):

The Company continued its positive growth trajectory during the financial year 2025-26,
delivering improved revenue and profitability. Income from Operations increased to
Rs.40,316.70 Lakhs from Rs.39,085.79 Lakhs in the previous financial year 2024-25,
registering a growth of 3.15%. This steady increase reflects the Company’s sustained
business performance and operational strength.

The Total Income (including Other Income) stood at Rs.40,367.64 Lakhs as compared to
Rs.39,122.82 Lakhs in FY 2024-25, representing an overall growth of 3.18%.

Total Expenses for the year amounted to Rs. 39,539.98 Lakhs, compared to Rs. 38,411.77
Lakhs in the previous year, reflecting the increased scale of operations. Despite the rise in
expenses, the Company’s Profit Before Tax improved to Rs. 827.67 Lakhs from Rs. 711.05
Lakhs in FY 2024-25, recording a healthy growth of 16.40%.

After accounting for tax expenses of Rs. 225.85 Lakhs (FY 2024-25: Rs. 213.80 Lakhs), the
Net Profit for the year stood at Rs. 601.81 Lakhs, reflecting an increase of 21.03% compared
to Rs. 497.25 Lakhs in the previous financial year.

Furthermore, the Earnings Per Share (Basic) increased to Rs. 11.14 from Rs. 9.21 in FY 2024¬
25, indicating enhanced value creation and stronger returns for shareholders.

The Company’s consistent improvement in revenue, profitability, and earnings per share
demonstrates its operational resilience, prudent financial management, and continued focus
on sustainable growth and long-term stakeholder value creation.

Transfer to Reserve:

The Board of the Company has not carried any amount to reserve account. Net surplus after
adding Current year’s profit of Rs.601.81 /- (In Lakhs) comes to Rs. 1,518.49 /- (In Lakhs).

Dividend:

In view of the planned business growth, your Directors deem it proper to preserve the
resources of the Company for its activities and therefore, do not propose any dividend for the
Financial Year ended March 31, 2026.

Material Changes and Commitments:• Launch of New Product "Masino Nuskho":

During the financial year, the Company has launched its new product, "Masino
Nuskho." This product introduction is aligned with the Company's strategy to expand
its product portfolio and strengthen its presence in the animal nutrition and cattle feed
market. The launch reflects the Company's commitment to innovation, customer
satisfaction, and sustainable growth. The new product is expected to enhance the
Company's market reach, create additional business opportunities, and contribute to
long-term value creation for stakeholders.

• Launch of New Products "MAYANK ALL IN ONE" and "MAYANK HAJMA HAJAM":

During the financial year, the Company has launched its new products, "MAYANK ALL
IN ONE" and "MAYANK HAJMA HAJAM." These product introductions are aligned
with the Company's strategy to expand its product portfolio and strengthen its presence
in the animal nutrition and cattle feed market. The launch reflects the Company's
commitment to innovation, customer satisfaction, and sustainable growth. These new
products are expected to enhance the Company's market reach, create additional
business opportunities, and contribute to long-term value creation for stakeholders.

• Sale of Shareholding in Nanogen Agrochem Private Limited (Subsidiary
Company):

During the financial year, the Company has transferred 64.96% of its total 65.00%
shareholding in Nanogen Agrochem Private Limited (Subsidiary Company). This
transaction was undertaken as part of the Company's strategic business and
investment considerations. Pursuant to the transfer, the Company's shareholding in
Nanogen Agrochem Private Limited has been substantially reduced.

Initial Public Offer- SME Platform of the Bombay Stock Exchange:

The Company, pursuant to the provisions of Section 26 and 32 of the Companies Act, 2013
read with rules made there under, including the SEBI (ICDR) Regulations, 2018 (as amended),
and in terms of Prospectus Dated 18th January 2024, offered 18,00,000 (Eighteen Lakh)
equity shares of face value of Rs.10/- each, at a premium of Rs.98/- per equity share, through
Fixed Price issue, in the Initial Public Offer (IPO) to meet the Expenditure toward purchase of
additional plant and machinery and working capital requirements. The Issue opened on
Monday, the 29th January, 2024 and closed on Wednesday, the 31st January, 2024. The issue
and allotment of equity shares in the capital of the Company was made on Thursday, the 01st
February, 2024. The designated Stock Exchange - Bombay Stock Exchange Limited, has
approved, the listing and trading of equity shares in the capital of the Company, on its SME
Platform, w.e.f. Monday, the 05th February, 2024. Your Directors place their sincere thanks to
all the investors and the BSE, SEBI, Merchant Bankers and all the agencies for their guidance
and support. The Company's equity shares are regularly being traded at the floor of the SME
Platform of BSE.

Change In Nature of Business:

During the year no event has been occurred which may result into the change in the
Company’s nature of business.

Changes in Shares Capital:• Authorized capital:

There were no change in the Authorised share capital of the Company. As on 31st
March 2026 the Authorised share capital of the Company is at Rs. 6,00,00,000/-
divided into 60,00,000 Equity Shares of Rs. 10/- each.

• Paid-up share capital:

There were no change in paid up capital of the Company. As on 31st March 2026 the
paid-up share capital of the Company is at Rs. 5,40,00,000 divided into 54,00,000
Equity Share of Rs.10/- each.

Dematrialisation of Securities:

The Company’s Equity Shares are admitted in the system of Dematerialization by both the
Depositories namely NSDL and CDSL. As on March 31, 2026 all 54,00,000 equity shares
dematerialized through depositories viz. National Securities Depositories Limited and Central
Depositories Services (India) Limited, represents whole 100% of the total issued, subscribed
and paid-up share capital of the Company as on that date. The ISIN allotted to your Company
is INE0R5Z01015. Status of the Securities as on March 31,2026 hereunder:

Registrar and Share Transfer Agent

The Company has appointed Cameo Corporate Services Limited as its Registrar and Share
Transfer Agent. The Registered Office of Cameo Corporate Services Limited is situated at
Subramanian Building", No. 1, Club House Road, Chennai, Tamil Nadu, 600002.

Extract of Annual Return:

In terms of Section 92(3) of the Companies Act, 2013 and Rule 12 of the Companies
(Management and Administration) Rules, 2014, the Annual Return of the Company is available
on the website of the Companyhttp://www.mayankcattlefood.com

Auditor:• Statutory Auditors

M/s. J. C. RANPURA & CO., Chartered Accountants, (Firm Registration No. 108647W)
were appointed as Statutory Auditors of the Company for 5 (five) consecutive years, at
the 25th Annual General Meeting for five years till the conclusion of the Annual General
Meeting to be held in the calendar year 2028. Accordingly, they have conducted
Statutory Audit for the F.Y. 2025-26. The Statutory Auditors have confirmed that they
are not disqualified from continuing as Auditors of the Company, and shall continue to
be Statutory Auditors for the F.Y. 2026-27.

As required under Regulation 33(d) of the SEBI (LODR) Regulation, 2015, the auditor
has confirmed that they hold a valid certificate issued by the Peer Review Board of the
Institute of Chartered Accountants of India.

The Auditors’ Report does not contain any qualification, reservation disclaimer. The
Notes to the financial statements referred in the Auditors’ Report are self-explanatory
and do not call for any further comments.

• Board’s Comment on the Auditors’ Report

The observation of the Statutory Auditors, when read together with the relevant notes
to the accounts and accounting policies are self explanatory and does not call for any
further comment.

• Detail of Fraud as per Auditors Report

There is no fraud in the Company during the F.Y. ended 31^st March, 2026. This is also
being supported by the report of the auditors of the Company as no fraud has been
reported in their audit report for the F.Y. ended 31^st March, 2026.

• Cost Records

The Company is maintaining the cost records as specified by the Central Government
under section 148(1) of the Companies Act, 2013.

• Cost Auditors

The Company has appointed Tadhani & Co., Cost Accountants, as cost auditor of the
Company to audit the cost accounts for the financial year 2026-27, as per section 148
read with Companies (Audit and Auditors) Rules, 2014.

• Internal Auditor

Pursuant to Section 138 of the Companies Act, 2013 read with the Companies
(Accounts) Rules, 2014, the Board of Director appointed Mr. Dharmesh Dadhania,
Chartered Accountants, (ICAI Membership No. 123350) as an Internal Auditor of the
Company for the financial Year 2025-26.

The details of qualification, reservation or adverse remark on the Internal Auditor report
is as table below:

• Secreterial Auditor

The Board had appointed M/s Ishali Desai & Associates, Company Secretaries, to
conduct Secretarial Audit of the Company. The Secretarial Audit Report for the financial
year ended March 31, 2026 is annexed and marked as “ANNEXURE-I” to this Report.

Board of Directors, their Meetings & KMPS• Constitution of the Board

The Board of directors are comprising of total 8 (Eight) Directors, which includes 3
(Three) Independent Directors. The Chairman of the Board is Promoter and Managing
Director. The Board members are highly qualified with the varied experience in the
relevant field of the business activities of the Company, which plays significant roles
for the business policy and decision-making process and provide guidance to the
executive management to discharge their functions effectively.

• Board Independence

Our definition of ‘Independence’ of Directors is derived from Regulation 16 of SEBI
(LODR) Regulations, 2015 and Section 149(6) of the Companies Act, 2013. The
Company is having following independent directors as on 31^st March 2026:

i) Ekta Ankur Dholakia (DIN: 10150882)

ii) Hitesh Naranbhai Parsana (DIN: 11222594)

iii) Vimal Bachubhai Virani (DIN: 11195093)

As per provisions of the Companies Act, 2013, Independent Directors shall not be liable
to retire by rotation.

• Declaration by the Independent Directors

All the Independent Directors have given their declaration of Independence stating that
they meet the criteria of independence as prescribed under section 149(6) of the
Companies Act, 2013. Further that the Board is of the opinion that all the independent
directors fulfill the criteria as laid down under the Companies Act, 2013 and the SEBI
(LODR) Regulations, 2015 during the year 2025-26.

• Separate Meeting of Independent Directors

As stipulated by the Code of Independent Directors under the Companies Act, 2013, a
separate meeting of the Independent Directors of the Company was held on 11th
December 2025 to review the performance of Non-Independent Directors (including
the Chairman) and the entire Board. The Independent Directors also reviewed the
quality, content and timelines of the flow of information between the Management and
the Board and its Committees which is necessary to effectively and reasonably perform
and discharge their duties.

• Company’s policy on Directors’ Appointment and Remuneration

The Policy of the Company on Directors’ appointment and remuneration including
criteria for determining qualifications, positive at tributes, independence of a Director
and other matters provided under section 178(3), uploaded on company’s website.

https://mavankcattlefood.com/policies/NOMINATION AND REMUNERATION POLI
CY.pdf

• Director retiring by rotation

As per the provisions of the Act, Mr. Tanmai Ajaybhai Vachhani (DIN: 07548458) retire
by rotation at the ensuing Annual General Meeting and being eligible, offers himself for
re-appointment. Based on the performance evaluation and recommendation of NRC,
Board recommends the re-appointment in the ensuing AGM.

• Annual Evaluation by the Board

Pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, the Nomination and Remuneration
Committee has laid down the criteria for evaluation of the performance of individual
Directors and the Board as a whole. Based on the criteria the exercise of evaluation
was carried out through a structured process covering various aspects of the Board
functioning such as composition of the Board and committees, experience & expertise,
performance of specific duties & obligations, attendance, contribution at meetings &
Strategic perspectives or inputs regarding future growth of company, etc. The
performance evaluation of the Chairman and the Non-Independent Directors was
carried out by the Independent Director. The performance of the Independent Directors
was carried out by the entire Board (excluding the Director being evaluated). The
Directors expressed their satisfaction with the evaluation process.

• Directors

• Key Managerial Personnel (KMP)

During the year under review, there were appointment and cessation of KMPs.

• Followings are the Directors and KMPs of the Company as on 31st March 2025

As on the date of this report, Mr. Bharatkumar Popatlal Vachhani (DIN: 00585375)
Managing Director, The Board in its meeting held on 23rd June 2026 has
recommended the re-appointment for a Period of 5 Years w.e.f. 24/07/2026 till
23/07/2031 subject to the approval of the member at the ensuing Annual General
Meeting.

As on the date of this report, Mr. Ajay Popatlal Vachhani (DIN: 00585290) Whole-time
Director, The Board in its meeting held on 23rd June 2026 has recommended the re¬
appointment for a Period of 5 Years w.e.f. 24/07/2026 till 23/07/2031 subject to the
approval of the member at the ensuing Annual General Meeting.

As on the date of this report, Mr. Mayank Bharatkumar Vachhani (DIN: 08675340)
Whole-time Director, The Board in its meeting held on 23rd June 2026 has
recommended the re-appointment for a Period of 5 Years w.e.f. 24/07/2026 till
23/07/2031 subject to the approval of the member at the ensuing Annual General
Meeting.

As on the date of this report, Mr. Tanmai Ajaybhai Vachhani (DIN: 07548458) Whole¬
time Director, The Board in its meeting held on 23rd June 2026 has recommended the
re-appointment for a Period of 5 Years w.e.f. 24/07/2026 till 23/07/2031 subject to the
approval of the member at the ensuing Annual General Meeting.

As on the date of this report, Mrs. Ekta Ankur Dholakia (DIN: 10150882) Independent
Director, The Board in its meeting held on 23rd June 2026 has recommended the re¬
appointment for a Period of 5 Years w.e.f. 24/07/2026 till 23/07/2031 subject to the
approval of the member at the ensuing Annual General Meeting.

• Rationale for Re-appointment of Independent Directors:

Based on the recommendation of the Nomination and Remuneration Committee and
after evaluating the performance, expertise, experience, integrity, and continued
independence of Mrs. Ekta Ankur Dholakia, the Board of Directors is of the opinion that
her continued association would be of significant value to the Company.

During the first term of office, Mrs. Ekta Ankur Dholakia has made valuable
contributions to the deliberations and decision-making processes of the Board through

her extensive knowledge, professional expertise, strategic insights, and sound
judgment. She has actively participated in Board and Committee meetings and has
provided independent and objective guidance on matters relating to corporate
governance, risk management, regulatory compliance, and business strategy.

Considering her rich experience, continued fulfilment of the criteria of independence
as prescribed under the applicable provisions of the Companies Act, 2013 and the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (where
applicable), and the satisfactory outcome of the performance evaluation carried out by
the Board, the Board believes that Mrs. Ekta Ankur Dholakia continues to possess the
requisite qualifications, skills, and experience to effectively discharge the duties of an
Independent Director.

Accordingly, the Board recommends the re-appointment of Mrs. Ekta Ankur Dholakia
as an Independent Director of the Company for a second term of five (5) consecutive
years, with effect from 24th July 2026 subject to the approval of the shareholders.

• Meetings of Board of Directors

Ten (10) Board Meetings were held during the Financial Year Ended March 31, 2026.
Detail are as follows:

The maximum gap between any two Board Meetings was less than one Hundred and
Twenty days.

Attendance of Directors at the Board Meetings: -

*Mr. Neelesh Kushalpal Bhardwaj Resigned on 21.06.2025.

*Mr. Bhavesh Prataprai Doshi Resigned on 21.06.2025.

*Mr. Vimal Bachubhai Virani appointed on 19.07.2025
* Mr. Hitesh Naranbhai Parsana appointed on 06.08.2025
Committees of the board
The Company has the following committees:

• Audit Committee

The Company has constituted Audit Committee as per requirement of section 177 of
the Companies Act, 2013 and Regulation 18 of the SEBI (LODR) Regulations, 2015.
The terms of reference of Audit Committee are broadly in accordance with the
provisions of SEBI (LODR) Regulations, 2015 and Companies Act, 2013.The Audit
Committee comprises of the following Directors of the Company:

During the financial year 2025-26, the Audit Committee met 7 (Seven) times on

28.04.2025, 06.05.2025, 25.08.2025, 30.08.2025, 29.10.2025, 01.01.2026 and

27.03.2026.

• Nomination and Remuneration Committee

The Company has constituted a Nomination and Remuneration Committee in
accordance with section 178 of the Companies Act, 2013 and the SEBI (LODR)
Regulations, 2015. The Nomination and Remuneration Committee comprises of the
following Directors of the Company:

During the financial year 2025-26, the Nomination and Remuneration Committee met
2 (Two) time on 03.08.2025 and 11.12.2025.

• Stakeholders Relationship Committee

The Company has constituted a Stakeholders’ Relationship Committee in accordance
with section 178 of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015.
The Stakeholders’ Relationship Committee comprises the following Directors:

During the financial year 2025-26, the Stakeholders’ Relationship Committee met 1
(one) time on 30.08.2025.

Director’s Responsibility Statement:

Pursuant to the requirements under Section 134(3)(c) and Section 134(5) of the Companies

Act, 2013, the Board of Directors, to the best of their knowledge and ability, confirm that:

a) 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.

b) 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.

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 have prepared the annual accounts on a 'going concern' basis.

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

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

Conservation Of Energy, Technology Absorption And Foreign Exchange Earnings &

Outgo:

The information on conservation of energy, technology absorption and foreign
exchange earnings and outgo stipulated under Section 134(3)(m) of the Companies
Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014, is annexed
herewith as “ANNEXURE-II ”.

Details of Subsidiary, Joint Venture or Associate Companies:

The Company does not have Subsidiary, Joint Venture or Associate Company as on
March 31,2026.

During the year under review, Nanogen Agrochem Private Limited has ceased to be
the subsidiary of the Company.

The Policy for determining Material Subsidiaries is available on the Company’s website
and can be accessed athttp://www.mayankcattlefood.com.

Deposits:

The Company has not accepted any public deposits during the year under review.

Contracts and Arrangements with Related Parties:

All contracts / arrangements / transactions entered by the Company during the financial
All contracts / arrangements / transactions entered by the Company during the financial
year with related parties were on an arm’s length basis. During the year, the Company
has not entered into contract / arrangement / transaction with related parties which
could be considered material as per section 188 read with rule 15 of The Companies
(Meetings of Board and its Powers) Rules, 2014. Thus AOC-2 is not required.

All Related Party Transactions were placed before the Audit Committee for approval.
A policy on the related party transaction was framed & approved by the Board and
posted on the Company’s website at below link:

https://mayankcattlefood.com/policies/POLICY ON RELATED PARTY TRANSACTI
ON.pdf

The details of related party transaction are provided in the notes forming part of the
Financial Statement.

Particulars of Loans, Guarantees or Investments Under Section 186:

During the year, the Company has not provided any guarantee or security in favour of
other parties and has not made any investment of its fund with any other party under
Section 186 of Companies Act, 2013 at the end of the period 31st March 2026. The
Company has provided a loan to the other entities during the period ended 31st March
2026.

The details of such transaction are provided in the Note No. 14 of the forming part of
the Financial Statement.

Transfer of Amounts to Investor Education and Protection Fund:

Your Company did not have any funds lying unpaid or unclaimed for a period of seven
years. Therefore, no funds were required to be transferred to Investor Education and
Protection Fund (IEPF).

Internal Financial Control:

The Company has put in place an adequate system of internal control commensurate
with its size and nature of business to safeguard and protect from loss, unauthorized
use or disposition of its assets. All the transactions are properly authorized, recorded
and reported to the Management. The Company is following all the applicable
Accounting Standards for properly maintaining the books of accounts and reporting
financial statements. The internal auditor of the Company checks and verifies the
internal control system and monitors them in accordance with the policy adopted by
the Company. During the year, such controls were tested and no reportable material
weakness in the design or operation was observed.

Management Discussion and Analysis Reports

As per Regulation 34 (e) read with schedule V of Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing

Regulations”), the management Discussion and Analysis Report of the Company for
the year ended is set out in this Annual Report as “ANNEXURE-IM”.

Vigil Mechanism:

The company has established vigil mechanism (whistle blower policy) and according
to such policy, Audit Committee has been constituted for the purpose of vigil
mechanism. All employees are encouraged to report any instance/s of unethical
behaviour, fraud, violation of the company’s code of conduct or any behaviour which
may otherwise be inappropriate and harmful to the Chairperson of the Audit
Committee. No such instances have been brought to notice during the year.

The details of the Vigil Mechanism Policy has posted on the website of the Company
at following link:

https://mayankcattlefood.com/policies/VIGIL MECHANISM & WHISTLE BLOWER
POLICY.pdf

Code of Conduct

Regulation 17(5) of the SEBI (LODR) Regulations, 2015 requires listed companies to
lay down a Code of Conduct for its directors and senior management, incorporating
duties of directors as laid down in the Companies Act, 2013. The Company has
adopted a Code of Conduct for all Directors and Senior Management of the Company
and same is hosted on the website of the company at following link:

https://mayankcattlefood.com/policies/CODE OF CONDUCT FOR BOARD OF DI
RECTORS AND SENIOR MANAGERIAL PERSONNEL.pdf

Corporate Governance:

The Company being listed on the SME Platform of Bombay Stock Exchange, therefore
pursuant to Regulation 15(2)(b) of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, Regulation 27 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 and Part C of Schedule V relating to
compliance of Corporate Governance shall not applicable to the Company. Further,
The Company need not require complying with requirements as specified in Part E of
Schedule II pursuant to Regulation 27(1) SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and submitting Compliance Report on Corporate
Governance on quarterly basis pursuant to Regulation 27(2) SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015. Hence no Corporate Governance
Report is required to be disclosed with Annual Report.

Prevention of Insider Trading

In view of the SEBI (Prohibition of Insider Trading) Regulation, 2015 the Company has
adopted a Code of Conduct for Prevention of Insider Trading with a view to regulate
trading in securities by the Directors and designated employees of the Company. The
details of the Insider Trading Policy has posted on the website of the Company.

https://mayankcattlefood.com/policies/CODE OF INTERNAL PROCEDURES CON
DUCT FOR PREVENTION OF INSIDER TRADING.pdf

The Code requires Trading Plan, pre-clearance for dealing in the Company’s shares
and prohibits the purchase or sale of Company shares by the Directors and the
designated employees while in possession of unpublished price sensitive information
in relation to the Company and during the period when the Trading Window is closed.
However, there were no such instances in the Company during the year 2025-26.

Risk Management Policy:

The risk management policy is required to identify major risks which may threaten the
existence of the Company. The Management do not notice any risk in near future which
may have threat on the existence of the Company. However, Every Company is
exposed to inherent uncertainties owing to the sectors in which it operates. A key factor
in determining a company’s capacity to create sustainable value is the risks that the
company is willing to take and its ability to manage them effectively. Many risks exist
in a company’s operating environment and they emerge on a regular basis. The
Company’s Risk Management process focuses on ensuring that these risks are
identified on a timely basis and addressed. The Company has its own risk
management policy to cop-up with any risk arises in future.

Corporate Social Responsibility

The Company’s CSR policy (available on its website
https://mayankcattlefood.com/policies) prioritizes fulfilling CSR spend commitments in
certain focus areas. Constituted by the Board pursuant to Section 135 of the Act read
with the Companies CSR Policy Rules, 2014 amended periodically, the Company
spent Rs. 8.5 lakhs during the year enumerated in "ANNEXURE IV”.

Particulars of Employees:

A statement containing the names and other particulars of employees in accordance
with the provisions of Section 197(12) of the Act read with Rule 5(1) of the Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014 is appended
as "ANNEXURE-V” to this Report.

Prevention of Sexual Harassment at Workplace:

The Company has always believed in providing a safe and harassment free workplace
The Company has always believed in providing a safe and harassment free workplace
for every individual working in premises through various interventions and practices.
The Company is committed to create and provide a safe and conducive work
environment to its employees.

The Company has in place a robust policy on prevention of sexual harassment at
workplace. The policy aims at prevention of harassment and lay downs the guidelines
for identification, reporting and prevention of sexual harassment.

Your Directors further 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.

Details of Significant and Material Orders Passed by the Regulators, Courts and
Tribunals:

No significant and material order has been passed by the regulators, courts, tribunals
impacting the going concern status and Company’s operations in future.

Compliance with Secretarial Standard:

The Directors have devised systems to ensure compliance with the provisions of
applicable Secretarial Standards and that such systems are adequate and operating
effectively.

Details of Application made or Proceeding Pending under Insolvency and Bankruptcy
Code, 2016:

No applications made or proceedings pending in the name of the company under
Insolvency and Bankruptcy Code, 2016.

Details of Difference Between Valuation Amount on one Time Settlement and Valuation
while Availing Loan from Banks and Financial Institutions:

There has been no one time settlement of loans taken from Banks and Financial
Institutions.

Suspension of Trading

There was no occasion wherein the equity shares of the Company have been
suspended for trading during the Financial Year 2025-26.

Acknowledgment:

Your Directors would like to express their sincere appreciation for the assistance and
co-operation received from the banks, Government authorities, customers, vendors
and members during the year under review.

Your Directors also wish to place on record their deep sense of appreciation for the
committed services by the Company’s executives, staff and workers.

For and on behalf of the Board
MAYANK CATTLE FOOD LIMITED

BHARATKUMAR POPATLAL VACHHANI AJAY POPATLAL VACHHANI

(DIN:00585375) (DIN:00585290)

Managing Director Whole-time Director

Dated: 08.07.2026
Place: Rajkot