Mukta Agriculture Ltd — Updates, 27-05-2025: Company Update

To, Date: 27th May, 2025

The Manager,

Department of Corporate Services,

BSE Limited,

Phirozee Jeejeeboy Towers,

Dalal Street, Fort,

Mumbai- 400 001.

Sub: Outcome of Board Meeting held on 27th May, 2025 pursuant to Regulation 30 of the SEBI (Listing

Obligations and Disclosures Requirements) Regulations, 2015

Ref: Scrip Id: MUKTA

Scrip Code: 535204

_________________________________________________________________________________________________________________________

Dear Sir/Ma’am,

This is to inform you that the Board of Directors of the Company at their meeting held today i.e. Tuesday, 27th May,

2025 at its registered office has inter alia considered and approved the following:

1. Audited Financial Results of the Company, for the quarter & year ended 31st March, 2025;

2. Appointment of M/s. Sanjonaa & Associates, Chartered Accountants, Chartered Accountant, as an Internal Auditor

of the Company for the Financial Year 2025-26.

Further, please note that the trading Window for trading/ dealing in securities of the Company, which is closed from

1st April, 2025, shall re-open after 48 hours of declaration of the Audited financial results of the Company for the quarter

and year ended 31st March, 2025.

Pursuant to the provisions of Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, we enclose herewith the following:

a) Audited Financial Results for the quarter and financial year ended 31st March, 2025 along with the statement of

Assets & Liabilities and Cash Flow Statement for the Financial Year ended 31st March, 2025 and;

b) Independent Auditors’ Report on Financial Results for the quarter and financial year ended 31st March, 2025,

duly issued by the statutory auditor of the Company; and

c) Declaration that the report of Auditor is with unmodified opinion with respect to Audited Financial Results for

the financial year ended 31st March, 2025.

A copy of the said results along with the Auditors’ Report will be made available on the website of the Company i.e.

www.mukta-agriculture.com.

The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are mentioned

below as Annexure-A.

Also please note that in compliance to the Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, the aforesaid results shall be published in the prescribed newspapers.

The meeting commenced at: 11:30 AM Concluded at: 02:00 PM.

You are requested to kindly take the same on your record.

Thanking you,

Yours faithfully,

For Mukta Agriculture Limited

Mohit Khadaria

Managing Director

DIN: 05142395

Encl: as above

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Annexure-A

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015, read with SEBI Circular No.

SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

S.

No.

Particulars Sanjonaa & Associates, Chartered Accountants

1. Reason for Change Viz.,

Appointment. Resignation,

removal, death or otherwise;

The tenure of the previous Internal Auditor of the

Company has ended.

Therefore, to comply with the provisions of the Companies

Act, 2013 & SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, the Company has

appointed M/s. Sanjonaa & Associates, Chartered

Accountants (Firm Reg No. 157896W) as Internal Auditor

of the Company, for a period of 1 year with an immediate

effect.

2. Date of Appointment/Cessation

(as applicable) & terms of

appointment

27th May, 2025

M/s. Sanjonaa & Associates, Chartered Accountants is

appointed as Internal Auditor of the Company for F.Y

2025-26.

3. Brief profile (in case of

appointment)

Name of Auditor: M/s. Sanjonaa & Associates, Chartered

Accountants

Office Address: B/602, Eversun CHS, Sahakar Nagar, J.P

Road, Andheri West, Mumbai-400053

About the Auditor: Ms. Sanjonaa Shetty, Chartered

Accountant is a member of the Institute of Chartered

Accountants of India (ICAI). Having working experience of

about 5 years and proficiency in all matters related to

Audit, Certification and Compliances. She has experience

in areas such as Statutory Audit, Tax audit, GST Audit,

Trust Audit, Co-operative Societies Audit, etc.

4. Disclosure of relationships

between directors (in case of

appointment of a director).

NA

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Mukta Agriculture Limited

CIN L01403MH2011PLC221387

STATEMENT Of AUDITED fiNANCIAL RESULTS fOR THE QUARTER & YEAR ENDED 31ST MARCH. 2025

(Rupees in Lakhs except Shares & EPS)

Quarter Ended Year Ended

Particulars 31.03.2025 31.12.2024 31.03.2024 31.03.2025 31.03.2024

Audited Unaudited Audited Audited Audited

Revenue from Operations -· · ·

Other Income 19.319 [34.387 17.665 17.284 39.897

Total Income (1 +2) 19.319 (34.387 17.665 17.284, 39.897

Expenses

(a) Cost of materials consumed -· · ·

(b) Purchases of stock·in·trade . · · ·

(c) Changes in inventories of finished goods.

work in prOffess and stock-in-trade ----

(d) Emplovee benefits expenses 5.779 7.737 5.076 24.941 22.116

(e) Finance Costs 0.04 -0.04 0.025

Depreciation and amortisation expenses ---

Other Expenses 1.307 1.278 1.171 9.081 10.987

Total (4) 7.124 9.015 6.247 34.060 33.128

Profit/CLoss) before exceptional items and tax (3-12.195 (43.4021 11.418 (16.776) 6.769

Exceptionalltems ---199.22 -(199.216

Profit/CLoss) before tax and exceptional items (5-12.195 (43.402) (187.7981 (16.776) (192.447) .

Tax Expense

-Current Tax -----

-Deferred Tax -----

-Tax adjustment for earlier years 0.000 (1.028 0.811 (1.0281 0.811

Total Tax Expenses 0.000 (1.028 0.811 (1.028) 0.811

Net Profit/CLoss) after tax (7-8) 12.195 (42.374) (188.609 (15.747) (193.258)

Other Comprehensive Income ( Net of Tax )

(I) Items that will not be reclassifted to profit or loss 26.064 4.142 32.684 21.758 24.791

(ii) Income tax relating to items that will not be

reclassified to profit or loss -----

(i) Items that will be reclassified to profit or loss -- ---

(ii) Income tax relating to items that will be

reclassified to profit or loss --- --

Total Comprehensive Income (After Tax) (9+10) 38.259 (38.232) (155.925 6.011 (168.468)

Paid-up eqUity share capital 2168.177 2168.177 2168.177 2168.177 2166.177

Face value of share 10/-10/-10/-10/-10/,

Other Eauity ----50.810

Earnlnes Per Share

Face Value of Rs. 10/· each)[notannualised):

(al Basic 0.056 (0.195 (0.870 (0.073 (0.891

fb] IDiluted 0.056 (0.195 (0.870 (0.073 (0.891

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Mukta Agriculture Limited

CIN L01403fv1H2011PLC221387

STATEMENIQE ASSETS ANn J.lARIJ IllES FOB THE yEAR ENDED 31st MAnCH 2025

rRupees in Lakhs

S.No. Asat As at Particulars 31.03.2025 31.03.2024

(Audited) (Audited)

A ASSETS: I NON-CURRENT ASSETS

(a] Property, Plant & Equipment -(b] Capital Work In Progress

(0] Investments In Property -(d] Intangible assets -

(e) Financial Assets:

(I) Investments 2,18S.215 2.073.546 (II) Loans 9.965 2.675

(iii) Other nMnclal assets -(f) Deferred tlx assets (net) -

iril Other non·Current assets Total Non Current Assets 2.195.180 2,076.221

2 CURRENT ASSETS (a) Inventories -

(b) Financial assets: (I) Investments -

(i1) Trade receivables (iii) Cash

& cash equivalent 2.097 2.251 (Iv) Other Bank balances 3.969

1.580 (v) Lo.ms

(vI) Other financial assets 26.079 29.691 (c)-Other current assets -

232.000 Torol Current Assets 32.145 265.522

TOTAL ASSETS 2,227.325 2,341.742

0 EQUITY AND LIABILITIES: I Equity

(a) Equity Share Capital 2,168.177 2.168.177

I (bi Oth" Equity 56.821 50.810 Total Equity 2,224.998 2,218.987

2 LIABILITIES, Non-CUITent Jlabillties

(a) Financial Liabilities

(I) Borrowings -107.991 (II) Trade Payable

-total outstanding dues ormicro enterprises -and small enterprises; and

-total outstanding dues or creditors other than micro enterprises and small enterprises.

(III) Other Financial Liabilities 12.800 (b) Dererred Tax Liabilities -

1(c:1 Other Non-Current liabilities -

Tolal Non-Current Liabilities -120.791 CURRENT LIABILITIES:

(a) Financial Liabilities

(I) Borrowings -(II) Trade Payables

-total outsti1nding dues ormlcro enterprises 0.250 0.250

and small enterprises; and -total outsti1ndlng dues of creditors other than

1.875 1.705 micro enterprises and small enterprises.

(iii) Other nnanclal Liabilities (b) Provisions

; cl Other Current Liabilities 0.202 0.010

Tarot Current Uabllltlcs 2.327 1.965 TOTAL LIABILITIES

2.327 122.755 TOTAL-EQUITY AND LIABILITIES 2,227.325 2,341.742

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Sr. No.

A.

B.

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Mukta Agriculture Limited

CIN L01403MH2011PLC221387

CASH FLOW STATEMENT FOR THE YEAR ENDED 31st MARCH, 2025

t (Rs 'in Lacs)

1 Pnrtl.culnrs For the ycnr ended

31.03.2025 31.03.2024

Audited Audited

Cash Flow from Operating Activities:

Net profit before tax & extra ordinary items 6.011 (168.4681

Adjustment for:

-Depreciation and amortisation of Fixed Assets · ·

-Re-Measurement gain/(lossJof fair value of Equity Instrum 121.7581 124.7911

-Investments W /off · 199.216

-Share of Loss from Partnership Firm 145.016) 19.536

-Profit/Loss on Sale of Investment 29.722 ·

-Interest Received · ·

-Deferred Tax · I

·

Operating profitJ(lossl before working capital changes (31.041) (33.468) I

Changes in OQerating Assets and Liabilities

Increase in Loans & Advances (7.290) 0.340

Increase /Decrease in Other Financial Assets 3.612 0.329

Increase /Decrease in Other Current Assets 232.000 1.850

Increase / Decrease jn Trade Receivables · ·

Increase / Decrease in Inventories · ·

Increase/ Decrease in Borrowings 1120.791) ·

Increase / Decrease in Non-Current Liabilities · ·

Increase / Decrease in Current Liabilities 0.363 1.614

107.894 4.132

Cash Generated from Operations 76.852 (29.3361

Net Cash from Operating activities 76.852 129.336)

Cash Flow From Invest!!!g Activities:

(AcquisitionJ/Sale of PPE and Intangible Assests · ·

(Acquisitionl/Sale of Investments 324.133 ·

• Changes in Partnership Capital Account (443.766) 19.176)

• Interest Received · 58.962

-Share of Loss from Partnership Firm 45.016 119.536)

-Dividend Received ·

Net Cash from Investing activities 174.6171 30.250

Cash Flow From Financing Activities!

Net Cash from Financing activities -·

Net increase in Cash and Cash Equivalents 2.235 0.914

Cash & Cash Equivalents (Opening) 3.831 2.917

Cash & Cash Equivalents (Closing) 6.066 3.831

L Cash & Cash Equivalents at the end of the year consist of Cash in Hand and Balances with Banks and are net of Short Tenn Loans and Advances from banks as follows:

Pnrticulnrs I Asut ABat

31.03.2025 31.03.2024

Cash in Hand 2.097 2.251

Balances with Banks 3.969 1.580

6.066 3.831

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• Mukta Agriculture Limited

CIN L01403MH2011PLC221387

The above Audited financial results for the quarter and year ended on 31st March, 2025 which are published in accordance

Regulation 33 of the SEBI (Listing Obligations & Disdosure Requirements) Regulations, 2015 (,Listing Regulations') have been , '

reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 27.05.2025 .

i

I

The above results have been audited by the statutory auditors of the Company, who have expressed an opinion on thei

same.

,

Based on guiding principles given in the IND AS on Operating Segments the Company's business activity falls within a single operating

segment hence the disdosure requirement of IND AS 108 are not applicable.

The figures for the quarter ended 31st March 2025 and 31st March 2024 are balanCing figures between the audited figures in respect

of the full financial year and the unaudited published year to date figures upto the third quarter of the relevant financial year which ,

were subject to limited review by the statutory auditor. .

Figures for the previous periods are re-classified! re-arranged/ re-group'ed, wherever necessary, to correspond with the current

period's classification/ disclosure.

The above financial results are hosted on website of the Company I.e. www.mukta-agric.ulture.com and also available on the websitel I

of stock exchange www.bseindia.com. j

\V Khadaria

Managing Director

Place: Mumbai DIN: 05142395

Dated: 27th May, 2025

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SUNIL VANKAWALA & ASSOCIATES

Chartered AccountantsChartered AccountantsChartered AccountantsChartered Accountants

103, Vrindavan, 1st floor, Near Shubham Hall, Opp Railway Station Vile Parle (West) Mumbai-400056

E-mail: sunilvankawala@yahoo.com, Tel. No. +91 91371 45254

Independent Auditor’s Report on the Quarterly and Year to date Audited

Financial Results of Mukta Agriculture Limited pursuant to the Regulation 33

of the SEBI (Listing Obligations and Disclosure Requirements) Regulations

2015, as amended

To the Board of Directors of Mukta Agriculture limited

Report on the audit of the Financial Results

Opinion:

1. We have audited the accompanying statement of quarterly and year to date

financial results of Mukta Agriculture Limited (the "Company") for the

quarter ended March 31, 2025 and for the year ended March 31, 2025

("Statement"), attached herewith, being submitted by the Company pursuant

to the requirement of Regulation 33 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015, as amended (the "Listing

Regulations").

2. In our opinion and to the best of our information and according to the

explanations given to us, the aforesaid financial results:

• are presented in accordance with the requirements of Regulation in this

regard; and

• give a true and fair view in conformity with the recognition and

measurement principles laid down in the applicable Indian Accounting

Standards and other accounting principles generally accepted in India, of the

net loss and other comprehensive income and other financial information of

the Company for the year ended March 31, 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs)

specified under Section 143(10) of the Companies Act, 2013 (‘the Act’) and other

applicable authoritative pronouncements issued by the Institute of Chartered

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Accountants of India. Our responsibilities under those Standards are further

described in the ‘Auditors’ Responsibilities for the Audit of the Financial Results’

section of our report. We are independent of the Company in accordance with the

Code of Ethics issued by the Institute of Chartered Accountants of India together

with the ethical requirements that are relevant to our audit of the financial

statements under the provisions of the Act and the Rules there under, and we have

fulfilled our other ethical responsibilities in accordance with these requirements

and the Code of Ethics. We believe that the audit evidence obtained by us is

sufficient and appropriate to provide a basis for our opinion on the financial results.

Management’s Responsibilities for the Financial Results

The Statement has been prepared on the basis of the annual financial statements.

The Board of Directors of the Company are responsible for the preparation and

presentation of the Statement that gives a true and fair view of the net profit / loss

and other comprehensive income of the Company and other financial information in

accordance with the applicable accounting standards prescribed under Section 133

of the Act read with relevant rules issued thereunder and other accounting

principles generally accepted in India and in compliance with Regulation 33 of the

Listing Regulations. This responsibility also includes maintenance of adequate

accounting records in accordance with the provisions of the Act for safeguarding of

the assets of the Company and for preventing and detecting frauds and other

irregularities; selection and application of appropriate accounting policies; making

judgments and estimates that are reasonable and prudent; and the design,

implementation and maintenance of adequate internal financial controls, that were

operating effectively for ensuring the accuracy and completeness of the accounting

records, relevant to the preparation and presentation of the Statement that give a

true and fair view and are free from material misstatement, whether due to fraud or

error.

In preparing the Statement, the Board of Directors are responsible for assessing the

Company's ability to continue as a going concern, disclosing, as applicable, matters

related to going concern and using the going concern basis of accounting unless the

Board of Directors either intends to liquidate the Company or to cease operations,

or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the Company's financial

reporting process.

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Auditor’s Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a

whole is free from material misstatement, whether due to fraud or error, and to

issue an auditor's report that includes our opinion. Reasonable assurance is a high

level of assurance but is not a guarantee that an audit conducted in accordance with

SAs will always detect a material misstatement when it exists. Misstatements can

arise from fraud or error and are considered material if, individually or in the

aggregate, they could reasonably be expected to influence the economic decisions of

users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and

maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the annual financial

results, whether due to fraud or error, design and perform audit procedures

responsive to those risks, and obtain audit evidence that is sufficient and

appropriate to provide a basis for our opinion. The risk of not detecting a

material misstatement resulting from fraud is higher than for one resulting

from error, as fraud may involve collusion, forgery, intentional omissions,

misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to

design audit procedures that are appropriate in the circumstances, under

section 143(3)(i) of the act, we are also responsible for expressing our

opinion on whether the company has adequate internal financial statements

and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the

reasonableness of accounting estimates and related disclosures made by the

Management and Board of Directors.

• Conclude on the appropriateness of the Management and Board of Directors’

use of the going concern basis of accounting and, based on the audit evidence

obtained, whether a material uncertainty exists related to events or

conditions that may cast significant doubt on the Company's ability to

continue as a going concern. If we conclude that a material uncertainty exists,

we are required to draw attention in our auditor's report to the related

disclosures in the financial results or, if such disclosures are inadequate, to

modify our opinion. Our conclusions are based on the audit evidence obtained

up to the date of our auditor’s report. However, future events or conditions

may cause the Company to cease to continue as a going concern.

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• Evaluate the overall presentation, structure and content of the financial

results, including the disclosures, and whether the annual financial results

represent the underlying transactions and events in a manner that achieves

fair presentation.

We communicate with those charged with governance of the company regarding,

among other matters, the planned scope and timing of the audit and significant audit

findings, including any significant deficiencies in internal control that we identify

during our audit.

We also provide those charged with governance with a statement that we have

complied with relevant ethical requirements regarding independence, and to

communicate with them all relationships and other matters that may reasonably be

thought to bear on our independence, and where applicable, related safeguards.

Other Matters

The Statement includes the results for the quarter ended March 31, 2025 being the

balancing figure between the audited figures in respect of the full financial year

ended March 31, 2025 and the published unaudited year-to-date figures up to the

fourth quarter of the current financial year, which were subjected to a limited

review by us, as required under the Listing Regulations. Our opinion on the

Statement is not modified in respect of this matter.

For Sunil Vankawala & Associates

Chartered Accountants

Firm Registration No. 110616W

Place: - Mumbai (Sunil T. Vankawala)

Date: - 27.05.2025 Proprietor

Membership No. 33461

UDIN: 25033461BMNSHZ8415

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Date: 27th May, 2025

To,

The Manager,

Department of Corporate Services,

BSE Limited,

Phirozee Jeejeeboy Towers,

Dalal Street, Fort,

Mumbai-400001

Mukta Agriculture Limited

CIN: L01403ivlH2011PLC221387

Sub: Declaration Dursuant to Regulation 33(3)(dl of SEBI (Listing Obligations and

Disclosure Requirements) Regulations. 2015 in respect of Audit Reports with unmodified

opinion for the Financial Year ended on 31" March. 2025

Ref: Scrip Id: MUKTA

Scrip Code: 535204

"DECLARATION"

We, Mukta Agriculture Limited having its registered office at 401/A. Pearl Arcade, Opp. P. K.

Jewellers, Dawood Baug Lane, Off J. P. Road, Andheri CW), Mumbai -400058, do hereby declare

and confirm that the Audit report issued by M/s. Sunil Vankawala & Associates, Chartered

Accountants (Finn Registration No.ll0616W), Statutory Auditors of the Company on the

Annual Audited Financial Results for the financial year ended 31" March 2025 is with unmodified

opinion.

This declaration is being made pursuant to the regulation 33(3)(d) of SEBlCListing Obligations

and Disclosure Requirements) Regulations, 2015 as amended vide SEB! Circular No.

CIR/CFD/CMD/56/2016 dated 27th May, 2016.

Kindly take this declaration on record.

Thanking you,

Yours faithfully,

i\

Rakesh Sahewal

Chief Financial Officer

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