ALPHA TRIBE

White Organic Agro LtdResults, 30-05-2025: Result

30-05-2025 | 01:34 pm

WHITE

ORGA Ie

WHITE ORGANIC AGRO LIMITED

312A, Kailas Plaza, VallabhBaug Lane, Ghatkopar (East), Mumbai -400 077. INDIA

Tel: +91.22.25011983 I Fax: +91.22.25011984 I Web: www.whiteorganicagro.coml

Email: info@whiteorganicagro.comj (IN: LOllOOMH1990PLC055860

To,

Listing Department

Bombay Stock Exchange limited

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai -400 001

BSE Scrip Code: 513713

Dear Sir/Madam,

Date-30th May, 2025

SUB: Submission of Annual Audited Financial Results of the Company for the Quarter and

Financial Year ended 31st March, 2025

The exchange and stakeholders are requested to note and take on record the Standalone Financial

Results of the Company for the quarter and financial year ended March 31, 2025, as approved (inter

alia) by the Board of Directors of the Company at their meeting held today.

The meeting commenced at 12.00 P.M. and concluded at 12.50 P.M.

Kindly take the above on your record.

Thanking You,

Yours faithfully

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G U PTA RAJ & (0. (H ART ERE D A ( ( 0 U N TAN T 5

-----------------------------------------------------------------------------------------------------.---------------------------.-------------------------.-----

MUMBAI: 2-C, MAVUR APARTMENTS, DADABHAI CROSS RD NO.3, VILE PARLE (WEST), MUMBA1400056,

PH. NO. 022-31210901/31210902.

DELHI: 101, KD BLOCK, PITAMPURA, NEAR KOHAT ENCLAVE, NEW DELHI 110034, PH. NO. 011-41045200

Independent Auditors Report on the Audit of Quarterly and Annual Financial Results of the

Company pursuant to the Regulation 33 of the SESI (listing Obligations and Disclosure

Requirements) Regulations, 2015 (as amended)

To,

The Board of Directors,

White Organic Agro limited

Report on the audit of the Financial Results

Qualified Opinion

We have audited the accompanying Statement of Financial Results of White Organic Agro Limited (the

"Company") for the quarter and year ended March 31, 2025 (the "Statement")' attached herewith, being

submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations

and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, except for

the effects of the matters described in the Basis for Qualified Opinion section of our report, the aforesaid

Financial Statements give the information required by the Companies Act, 2013 ("the Act") in the manner

so required and give a true and fair view in conformity with the Indian Accounting Standards prescribed

under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules 2015, as

amended ("Ind AS") and other accounting prinCiples generally accepted in India, of the state of affairs of

the Company as at March 31, 2025, and profit, changes in equity and its cash flows for the year ended on

that date these standalone financial results:

i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in

this regard; and

ii. 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 profit and other comprehensive income and other financial

information of the Company for the quarter and year ended March 31, 2025.

----------------Page (1) Break----------------

Basis for Qualified Opinion

1. Non-Provision of Doubtful Loan:

The Company had a 75% stake in Future Farms LLP which was exited in the year 2020-2021. The

Company had invested Rs. 201.91 Lakhs in Future Farms LLP which was later converted into loan as

recoverable from Future Farms LLP due to disinvestment. The amount is still outstanding since

2021. The management has not made any provisions towards the same as they are of the opinion

that the amount is recoverable. In our opinion, provision need to be made since the amount is

outstanding since 2021. Had the provision of Rs. 201.91 Lakhs made during the year the profit

would have reduced by Rs. 201.91 Lakhs for the current period and Loan and Advances receivable

would have been reduced by Rs. 201.91 Lakhs.

2. Non-Transfer of Unpaid Dividend to Investor Education and Protection Fund (IEPF):

The Company has not transferred the unpaid dividend amounting to Rs. 45,669/-pertaining to the

financial year 1997-98 to the Investor Education and Protection Fund as required under Section

124(S} and Section 125 of the Companies Act, 2013 which is a non-compliance of the provisions of

the Act.

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

143(10} of the Companies Act, 2013, as amended (the "Act"). Our responsibilities under those Standards

are further described in the "Auditor's Responsibilities for the Audit of the Standalone 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 Results 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 we have obtained is sufficient and appropriate to provide a basis for

our opinion.

Management's Responsibilities for the Financial Results

These quarterly financial results as well as the year to date Financial Results have been prepared on the

basis of the Annual Financial Statements. The Company's Board of Directors are responsible for the

preparation of these Financial Results that give a true and fair view of the net profit and other

comprehensive income and other financial information in accordance with 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 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

Financial Results that give a true and fair view and are free from material misstatement, whether due to

fraud or error.

In preparing the Financial Results, 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.

----------------Page (2) Break----------------

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the Financial Results as a whole are 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 these

Financial Results.

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 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, but not for the purpose of expressing an

opinion on the effectiveness of the company's internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting

estimates and related disclosures made by the Board of Directors.

• Conclude on the appropriateness of the 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.

• Evaluate the overall presentation, structure and content of the Financial Results, including the

disclosures, and whether the Financial Results represent the underlying transactions and events in a

manner that achieves fair presentation.

We communicate with those charged with governance 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.

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Other Matter

The Financial Results include the results for the quarter ended March 31, 2025 and corresponding quarter

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

year and the published unaudited year to date figures up to the third quarter of the current and previous

financial year which were subject to limited review by us.

Our opinion is not modified in respect of this matter.

PLACE: MUMBAI

DATED: 30-05-2025

UDIN: 25112353BMIXY05533

FOR GUPTA RAJ & CO.

CHARTERED ACCOUNTANTS

FIRM NO. 001687N i

t\

IKUL ·'I,<:ilfD.!5W

'--PARTNER

Membership No.112353

----------------Page (4) Break----------------

f)WRITE • WHITt ORGANIC AGRO LIMITED

ORGANICS (formerly known as White Dlmaond limited)

I II

III

IV

V

VI

VII

VIII

IX

X

XI

Xli

XIII

... ", Reid. OffIce' SU .... K.nash P1,r •• V ••• bh 'ave Unt, Gt'Iatk ... (flit), M"",bat·.tOO on.

Website www ra In [maR . "" 011'011_1_(05_

St.teomtnt of Fln.ncl.lltfstdts'Of tM QUlf'tfr and fur .nded 31st Marth 2025

Partkul ....

Revenue From Operations Other Income

Tot.llncome (1+11)

Expenses

a) Cost of Goods Tr.ded b) Purchases of Stock-In-Trade

c) Changes In Inventories of finished goods, Stock-in-Trade and wor1<:-in progress

d) Employee benefits expense e) Finance Costs

f) Depreciation and amortisation expenses g) Other Expenses

Total Expenses (IV)

Profit/{Ioss) before exceptional it.ms and tax (I-IV)

Exceptional Items

Profit/ (loss) before exceptions it.ms "nd Iax{V-VI)

Tax Expense: (1) Current Tax

(2) Deterred Tax

Profit/{Loss) fo< the period (VII-VIII)

Other Comprehensive Income

A. (i) Items that will not be r.classified to profit or loss Iii) income tax relating to Items that will not be reclassified to

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

Hi) Income tax relating to items that will be re dasslfles to profit or loss

Total Compr.henslve Income for the period (XIII+XIV) Comprlsln, Profit (Loss) and Other Compr.h.nslv. Income for the

period)

Paid-up Equity Sh .... Copital

(Face Value of the share Rs 10/-.ach)

Other Equity

EMninp per Share (not onnuallsed):

(1) Basic

(2) Diluted

31st March

2025

(Audited)

419.97

137.98

557.95

443.83

30.19 0.10

0.26 31.79

506.17

51.78

51.78

n'1 nn

38.44

38.44

3,500.00

2,253.18

0.11

0.11

Quarter Ended

31st December

2024

(Unaudited)

305.57 110.90

416.47

299.03

11.00 0.12

0.17 127.31

437.64

(21.17)

(21.17)

(5.33)

(15.84)

(15.84)

3,500.00

(0.05)

(0.05)

31st M.rch

2024

Audited)

807.2S

2.03

809.28

726.78

30.47 42.23

0.21 154.45

954.14

(144.85)

(144.85)

,'},; ':\nI n"

(119.16)

(119.16)

3,500.00

2,080.12

(0.34)

(0.34) otes:

IRs In Lac.

VearEnded

31st March 31st March

2025 2024

(Audited) (Audited)

1,963.31 3,34524

473.53 427.69

2,436.84 3,n2.93

1,945.35 3,193.64

61.23 54.14 0.56 104.25

0.78 0.84 197.25 249.09

2,205_17 3,601_96

231.67 170_97

231.67160 170.97

58.48 53.19 0.13 0.61

173.06 117.17

-

173.06 117.17

3,500.00 3,500.00

2,253.18 2,080.12

0.49 0.33

0.49 0.33

1 The above results were reviewed by the Audit Committee and thereafter taken on record by the Board In Its meeting held on May 30, 2025 and also Umlted Review w.r. carried out

by the Statutory Auditors. 2 These financial results have been prepared in accordance with the recognition and measurement prinCiples of Indian Accounting Standards

("Ind AS") prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued there under and the other accounting prlndples generally accepted in India.

3 The company has not carried on more than one activity and therefore "Ind AS 108 -Operating Segment' Is not applicable to the Company. 4 The figures for the quarter ended 31st March, 2025 represent the difference between the audited figures In respect of the full finnclal year and

the unaudited published year-to-date figures upto the third quarter of the financial year, which were subject to limited review.

5 Prevk)us period's figures have been regrouped, wherever necessary, to conform to current period classification.

of Directors of

I 1<

: 30.05.2025 _

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WHITE ORGANIC AGRO LIMITED

WIIlTE • (Formerly known as White Dlmaond Industries Limited) ORGANICS

Reid. Offke: lilA. K.II •• h M .... v."''''' Bluillne. Ghltkopor ([lit). Mumb.l. 400 on. ., ...

Web,fte: www.wfoI1ttortank.$.co.M [man : ClN: lOIlOOMHI990PlC055460

Balance Sheet as at 31st March 2025

( Rs In Lakh.)

P.rtlcul., As at Ma,ch 31, As at March 31, 2025 2024

(Audited) L.Mll.n (Audited)

Non-CU, .... nt Assets

Property. Plant and Equipment 7.04559 6.66

Capital work-In-progress -

Goodwill -

Other Intangible assets -

Flnancl.1 Assets

Investments in subsidiaries, Associate and Joint venture -Other Investments

5.807.96 2,015.66 Others

tax assets (net) 0.10 0.23

Other non<urrent assets -

Non-Current Tax Assets (Net) -

Tot.1 Non Current Assets 5.815.11 2,022-55

Current Assets

Inventories --

Financial Assets

Trade receivables 384.57 7.82

Investment Held for sale -

Cash and cash equivalents 49.19 58.44

Bank balances other than (iii) above 0.46 0.46 loans -

3,758.00 Others

Other current assets 33.45 29.94

CUrrent Tax Assets (net) 54.26 49.58

Total Current Assets 521.92 3.904.24

TOTAL ASSETS 6,337.03 5,926.80

Eg!.!ITY AND lIABllIT1ES

Equity

Equity share capital 3.500.00 3.500.00

Other equity 2.253.18 2.080.12

Tot.1 Equity 5.753.18 5.580.12

Non Current liabilities

Financial liabilities

Borrowings

Others --

Provisions --

Other non·current liabilities --

Total Non Current Liabilities --

Current Liabilities

Financial liabilities

Borrowings --

Trade payables I 499.59 285.58

Other financial liabilities 23.43 6.24

Other current liabilities 1.51

Shortpterm provisions 2.35 0.15

Current tax liabilities (net) 58.48 53.19

Total Current Liabilities 583.85 346.68

TOTAL EQUITY AND LIABILITIES 6,337.03 5,926.80

j .

0 fDA H RJ"AIt' ,. £:

I -

o .. te: 10.05.2025

----------------Page (6) Break----------------

WHITE ORGANIC AGRO LIMITED

WHITE • (Formerly known as WHITE DIAMOND INDUSTRIES LIMITED)

ORGANICS CIN: LOllDDMH1990PLC055860

0'''' Cash Flow Statement for the year ended 31st March, 2025

For the yeor ended For the year ended Particulars

31.t Milich 2015. 31st March 2024

CASH FLOWS FROM OPERATING ACTIVITIES Rs In Lakhs R. In Lakh.

Profit before tax 231.67 170.97

Deprt'Ciation expense 0.78 0.84

Interest Income (473.52) (427.07)

Interest Expense 0.56 104.25

Dividend Income (0.58)

Loss on sale of Investments 40.57

Operating profit before Working Capital Changes

Changes in assets and liabilities (240.51) (111.02)

(Increase) / Decrease in Inventory --

(Increase) / Decrease In Trade Receivables (376.74) 37335

(Increase) / Decrease in Other Current Assets (3.52) 361.86

(Increase) / Decrease in Other Non -Current Assets --

Increase / (Decrease) in Other Financial Liabilities 17.19 0.73

Increase / (Decrease) in Trade Payables 214.00 (93738)

Increase / (Decrease) in Other Current Liabilities 0.69 (7.90)

Cash Generated From Operations (388.89) (320.37)

Income taxes paid 57.86 47.07

NET CASH GENERATED BY OPERATING ACTIVITIES (446.75) (367.44)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Fixed Asset 0.08

Payment for capital expenditure (1.17)

Short term loans and advances given 3,758.00 382.24

Long term loans and advances given (97.72)

Redemption of FDR and Investments (3,792.30) 1,038.36

Dividend Income -0.58

Interest received 473.52 427.07

NET CASH FLOW FROM /(USED IN) INVESTING ACTIVITIES 438.05 1,750.61

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds / (Repayment) from Long-term borrowings (1,272.26)

Interest Payment (0.56) (104.25)

NET CASH FLOW FROM / (USED IN) FINANCING ACTIVITIES (0.56) (1,376.50)

Effect of exchange differences on translation of foreign currency cash and cash --

equivalents

NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (9.25) 6.66

CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 58.44 51.78

CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 49.19 58.44

For and on b alf of thnf Directors of xr" .•

WH,nO loA II

o sf/.

KR PAN

DIRE '11 ..

_

Oll.te: 705/2025

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" .....

WHITE

ORGANICS

WHITE ORGANIC AGEO LIMITED

312A, Kailas Pial." Vall.bh naU'll.l"-. GI,.tl",par (FA<t) dOD 077 r.,

.9122H0119R1 I fa.' I

El11ail: illfo@,whileol I CII I LO I 100M HI CI'lOPLCOS SA';O

WHIT( AGRO

To.

Usting Dl!partmcnt

Bombay Stock Exchange limited

Phiroze Jeejeebhoy Towers,

Dalal Street.

Mumbai -400 001

Scrip Code: 513713

Dear Sir/ Ma'am.

[J.ltp V) 0S 202 S

Pursuant to the SEBI Notification No SEBI/ LAD-NRO/GN2016-17/001 Dated May 26''', 2016 and

Circular No ClR/CFD/CMD/S6/2016 Dated May 27, 2016 issued by the Securities &. Exchange

Board of India (SEBI) on Disclosure of the Impact of Audit qualifications by the Listed Enlilies

prescribed in Schedule VII read with Regulation 33 of SEBI (LODR), Regulations, 2015. as amended

till date. We submit here with enclosed statement on impact of Audit Qualifications for the

Financial Result of the company for the Quarter and Year ended 31" March, 2025.

Kindly take the above on your record.

Thanking you,

Yours Faithfully

For White Organic Agro Limited

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0<

li III tl:/. t-JI {T ()HbAlli C AGRO LIMI TED

-A'. 11){I 1("iI,', ,V,,",hh 0,,"<:/ Mllmh"l· .too 077 1110111 r.1 ,Qll17'.Ol1983 I I

r,>,ail I CIII' I01100MH1?'lOPlCOS"II1;O

WHIT (-llMll f "

STAHMENT ON 11111'/\\ 1 PI I\UUII qUI\L1FICI\TIONS (FOR AUDIT REPORT WITH MODifiED

OPINtO.Nl SUlll':.1111 LD I\lIJNG WITIII\N!'lUAL

i . : St<ltemcnt on 11111101(1 of I\lIrlit Qllalifications for the Finilnciill Year ended March 31,2025 II.

I Audited Figures Adjusted Figures -I (as reported before (audited figures after

adjusting for I adjusting for,

qualifications) (in qualifications) (in'

,__ lacs) __ ______ _

1. iTuIllOl'el/Tut,ilill(ol'1t' 2,436.84, __ 2,,:13§.84

2. Er.penditlJle 2.20517 L __ 2,407.0e-

3. 'Net 17106 _. __ J _ _ ____ ,

4.

l

Pel SharI! 0.49 I

'r

-I

7. Net Worth 1-S:-753.1·O---I-5,602.261

8. Any other fin,1n(I,11 Itun(,,) (ns felt -------I -I

r

l-2E.e..':?.E.0<ltc I!y_tllc 111"I1<1(,)el11l:11t) ____ ._____

J

II. Audit Qualification (each audit qualification separately): 1

a. Details of Audit Qualification:

I 1. The Company had il 75% stake in Future Filrms LLP which was exited in the year 2020· ! i

2021. The Company had invested Rs. 201.91 Lakhs in Future Farms LLP which was later!

I converted into 10rin rccoverilble from Future FClrms LLP due to disinvestment. The

I Amounl is still outstandino since 2021 Thf' has not made any provisions'

towards the same as they are of the opinion that the amount is recoverable. In our

opinion, provision need to be made since the amount is outstanding since 2021. Had the;

provision of Rs. 201.91 Lakhs made during the year the profit would have reduced by Rs ..

201.91 Lakhs for the current period and Loan and Advances receivable would have been

reduced by R',. 201.91 Lakhs.

2. The Company has not transferred the unpaid dividend amounting to Rs. 45.669/· ;

pertaining to the financial year 1997-98 to the Investor Education and Protection Fund i

as required under Section 124(5) and Section 125 of the Companies Act. 2013 which is a I

non·compliance of the provisions of the Act.

I

b. Type of Audit QII:.lific:.tion: Ouatified Opinion

c. Frequency of qualification:

1'1.1 -, Appca7ing time

1'1.2 Appe,Hlllg first time l

d. For Audit Qualification(s) where the Impact is quantified by the auditor,

L_._ as

----------------Page (9) Break----------------

WHITE

ORGANICS

WHITE ORGANIC AGRO I.IHITED

11 211. V.,I1,,,,, I "n·. Gh.,lk""." '1IIOmh" 0" IIIDI),

Tel: -91.22.75011983 I Fax' .91.22.lS011'}111 I VI." w""W ",,"I

Email: info@whiteorgallicagrO.(f)mICltll.l)1111.lMH1.l.)fJPLC.lS51J.JO

WHITE OACANIC ACRO 1I1'11HO

1-Ie.

(i)

(ii)

for Audit QUtllifictltion(s) where the impilct is "ot qU<lntifieu by the auditor:

The second qUulificatlon is not qUulltiflcd as the rnanal)e/n"nt h"" !;JVPfj ",II Ih'" rprnedldl

ilctions to deposit the funds With the IEPF Authonty.

Management's on the impact of ,Hldll '1IJdllfi(;)tl'JfI AI prpspn!.

management is unabl(' to ",slirn;]t" th" f,n,ln(I')1 I/Ilpact rJut: to eer (lIn

limitations, such as Insufficient clald. ongoing or Ppncl1l19 I

man3gernCllt is committed to ff'$()lvlng this uncertainty I

WIll initiate appropnate remedial including detailed Internal review",

engagement with relevant and consultation VI/ttl expert, If required, in I ., I

order to gather th.e necessary inlormation and determine the financial implications as /'

accurately as pOSSible. Regular updates will be provided as more clartty IS achieved.

If management is unable to estimate the imflucl. rh)SOnS lor the same:

1. Management has considered the issue and has taken rc,quislte steps to make it good. I

2. The transaction which lead the liability hilS tiiken pl,)(<:: HI the year 1997 -98. an era In !

which there were all records were maintained in physical form. Due to change in the

management of the Company, physical files and records related to various corporate I

actions have been misplaced or lost. As a result, the current management is unable to I

determine the details of certain past transactions. The Company has approached the I

Registrar and Transfer Agent (RTA) and Registrar of Companies for assistance in I

retrieving the relevant information. However, due to the unavailJbtllty of the required

documentation. the Company has been unable to transler the corresponding funds to

the Investor Education and Protection Fund (IEPF) within the prpsrribecl timeline. The I

management is pursing the matter and is tryll1CJ 10 locate or leconstr ct the miSSing I

records to ensure compliance with statutory obligations.

I

(iii) Auditors' Comments on (i) or (ii) above: Since the manilgenwllt also \'IilS not able to ascertain

impact, no other comments have been made by the ilUClde"S

wr·

Audit Committee Chairman:

Pritesh Doshi (DIN: 08368392)

._--_._---

/

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WHITE

ORGANTCS

,",'HITE ORC,.",,'C lIHITED

Place: Mumbai

Date: 30-05-2025

WHITE ORGANIC AGRO LIMITED

12/0.. KAil.H B.lllq l.ln!. GhatkoPM (East), Mumbal .400 077.

r,1 • q 1 22 25011981 I .91.22.2501198-1 I Web: www.whit@org3nic39'O coml

[moil: I (IN: LOT 1 OOMH 1990Pl(05S1160

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