Star Agriwarehousing and Collateral Management Limited

A 601-604, Bonanza Building, Sahar Plaza Complex, Near J.B. Nagar Metro Station, J.B. Nagar, Andheri (East), Mumbai – 400 059

WAREHOUSE RECEIPT(WR)
WR No. WR-2139316 Date of issue 19-Mar-2024 Base Receipt No.

CIS No. IN-A541155 Date of Deposit 11-Mar-2024 Staragri Branch Name LATUR

Warehouse Name RADHE WAREHOUSE

Warehouse Address GODOWN NO 1, C96- ADDITIONAL MIDC LATUR, MAHARASHTRA 413512

Depositor Name KISANMITRA COLD STORAGE PVT LTD

Depositor Address B-113, ADDITIONAL MIDC, LATUR

Commodity No. of Units Net Weight Grade Remarks

BENGALGRAM 440 27.870 MT Average STD

Validity From 19-Mar-2024 To 10-Jun-2024

Market Rate of Commodity(₹) 56000.000/MT Value of Commodity(₹) 1560720.000

Value of Commodity(In words) Rupees Fifteen Lakhs Sixty Thousands Seven Hundred Twenty Only

Storage Charges (₹ Exclsive of Taxes) Total Amount(₹ Per Month)

Insurance Declaration Insurance managed by Staragri, United India Insurance Co. Ltd.

Policy Type Policy No. Valid From Valid To Sum Insured

Fire 5001001123P102467799 11-Jun-2023 10-Jun-2024 51000000000

Burglary 5001001223P102475097 11-Jun-2023 10-Jun-2024 60000000000

Lien Details

Date Name of lender

19-Mar-2024 AXIS BANK LTD.-LATUR

Digital Signature Digitally Signed by Akshay Bhikaji Paravade,

QR of authorized Date: 2024-03-19 13:39:26,
Code signatory Location: Mumbai,
Reason: Warehouse Receipt Approval

Withdrawn History The goods mentioned below are hereby released for delivery from warehouse.
The unreleased balance is subjected to lien for unpaid charges and borrowing from lending institution.

Date Released Released No of Balance Weight Balance No of Bags Signature & Stamp of
Weight Bags Warehouse manager

Note: Please use Adobe PDF reader to verify the digital signature on this file. That signature contains signer's information which
should be verified before processing this receipt.
 Test Certificate
We hereby certify that the quality of above mentioned stock has being deposited at the above mentioned warehouse. The sample
was analyzed by us and the result are as follow

Depositor Name KISANMITRA COLD STORAGE PVT LTD

Commodity Name BENGALGRAM

Warehouse Name Address RADHE WAREHOUSE - GODOWN NO 1, C96- ADDITIONAL MIDC LATUR, MAHARASHTRA 413512

No of Bags 440

CIS No. IN-A541155

WR No 2139316

Date of Sampling

Date of Receipt 19-Mar-2024

Date of Testing 11-Mar-2024

Remarks STD

Test Report
The above sample was analyzed by us and the results are follows:-

Quality parameters Result

IMMATURE AND SHRIVELLED 2.10

DAMAGED PERCENTAGE 2.30

FOREIGN MATTER 1.90

MOISTURE 9.20

WEEVILLED GRAINS 0.90

Broken and Spilts 1.90

The quality of goods is Average

Star Agriwarehousing and Collateral Management Limited

Digitally Signed by Akshay Bhikaji Paravade,
Date: 2024-03-19 13:39:26,
Location: Mumbai,
Reason: Warehouse Receipt Approval
Authorized Signatory

This Report is given to you on the base of best tesing ability. Any discrepancy found in the report should be brought to our notice
within 48 hours of Receipt of the report. The above results are valid for the date and time of sampling and testing only. Total
liability or any claim arising out of this report is limited to the invoiced amount only.

Star Agriwarehousing and Collateral Management Limited

EMPOWERING RURAL INDIA
A 601-604, Bonanza Building, Sahar Plaza Complex,
Near J.B. Nagar Metro Station, J.B. Nagar, Andheri (East), Mumbai – 400 059
 TERMS & CONDITIONS FOR STORAGE
1) Tender for Storage:
1.1 All goods for storage shall be delivered at the warehouse by the depositor and in case Staragri considers necessary to make a "package" and standardize and change the packages Staragri will be entitled to
do so and the depositors exclusively shall be liable to pay the all charges including but not limited to handling, packaging, labour, legal charges etc. on that account. That warehouse manager may refuse to
accept goods which are in a condition not likely to stand storage.
1.2 The depositor shall furnish manifest showing marks brands or size to be kept and accounted separately at the time of deposit otherwise the goods may be stored in bulk or assorted at the discretion of
Staragri.
1.3 The depositor shall in no circumstances whatsoever, deal with the commodities by endorsing/transferring/creating lien/charge on the receipt and the goods covered under it, without obtaining the prior
approval of Staragri.
1.4 The depositor unconditionally assures that has a valid legal, clear and subsisting title and ownership over the commodities and indemnifies Staragri against any adverse circumstances in case of any
dispute/question/claims arises with regard to the ownership/rights or lawfulness of the commodities by any individual, body corporates, Govt. or administrative authority or any judicial and quasi-judicial
bodies.
1.5 It shall be the responsibility of the client to take all the permits and licenses as per the State/Central Laws applicable from time to time regarding the material/goods deposited by the depositor and the
depositor shall adhere to all the applicable government rules and regulations. Staragri is not liable for any action by government or allied agencies etc. in this regard.
1.6 The Depositor ensures and confirms that the representations as well as the information provided to the Staragri regarding the goods and/or its identity/ownership does not contain any untrue statement of a
material fact, nor does it omit to state a material fact necessary in order to make the statements/ information/ documents rendered therein misleading in light of the circumstances under which such
statements/ information/ documents were or are made. The Depositor further indemnifies Staragri from any adverse consequence arising out of non-compliance of this clause.

2) Storage Charge:
2.1 Storage charges will be raised on a monthly basis and number of days in excess of a month will be charged on fortnightly basis, unless otherwise provided. If storage is for less than a month the charge will be
for the whole month. However, Staragri reserves the right to vary the billing cycle depending upon the circumstances of each case.
2.2 In case the depositor fails to pay the storage charges/demands for 2 (two) consecutive months, Staragri shall be automatically become entitled to sell the stock, either by public auction or by private auction
as Staragri shall deem fit at the risk and cost of the depositors for the satisfaction of its dues.
2.3 Time is the essence of the arrangement and the depositor shall not withhold/stop the warehouse charges and expenses in any circumstances/reasons whatsoever may be.
2.4 The depositor shall as and when demanded by Staragri, be liable pay charges incurred towards shifting, handling, loading, unloading etc. alongwith any other charges levied for extra services availed.
2.5 The storage charges are subject to change from time to time without prior intimation. Storage charges for the time being, in force shall be applicable to the deposits received. The revised rates shall be
applicable from the date notified by the Staragri. In case the revised rates are not acceptable to any depositor, he can withdraw his goods or cancel reservation and lift his stocks within one month of the date
from which revised rates come into force/notified to the depositor. In that case the pre-revised rates shall continue to be applicable during this grace period of one month.
2.6 Cost of gunnies, transportation, labour, valuation, preservation activities and other ancillary expenses arising out of handling spillage during deposit/ storage/ shifting or at the time of delivery shall be borne
by depositor, if depositor fails to provide in time then Staragri shall arrange then and will be billed to depositor

3) Storage Period:
3.1 The quality of the goods, its (approximate) value and the safe storage limit for that commodity in the storage will be mentioned in the warehouse receipt in accordance with the quality certificate report by
Staragri or Staragri approved quality certifying agency. The quality, condition, value & contents of goods, shall be declared in the receipt at the time of deposit of goods.
3.2 The Depositor understands that although the endeavor is to determine the particulars of the quality accurately, however, the entire Commodities have not been verified and the quality has been certified on
the basis of the sample drawn. The Depositor has understood and agreed to the mechanism employed to obtain samples in this regard. Any liability with respect to the content of the baggage beyond the
reasonable purview of the samples drawn shall be borne by the Depositor and Staragri shall not be held responsible in any manner.
3.3 Depositor shall keep the receipt in a good condition so as to maintain the data recorded on the warehouse receipt in a preserved & legible manner. The receipt and insurance should be valid only till the date
of expiry of declared storage period of the goods for which it is issued.
3.4 In case the warehouse manager feels that the goods are deteriorating and which might endanger the quality of the stored goods and other goods stored in storage, the warehouse manager reserves the right
to sell the goods and recover its dues if any upon giving a prior intimation to the depositor and balance consideration if any will be sent to the depositor of the goods. Provided that in case the depositor of the
goods has availed any credit facility from the Bank, then the warehouse manager shall inform about the condition of goods to the owner of goods and the Bank and take instructions of the Bank accordingly.
3.5 In cases of expired warehouse receipt if stock needs to remove/ shift from one warehouse to another warehouse, Staragri can shift the stock with prior intimation to depositor however shifting charges will be
borne by depositor.

4) Way goods are to be dealt with:

4.1 Staragri shall inform the depositor for taking back the delivery or shift and/or transfer of the stock for whatever reason including but not limited to when goods are of perishable nature or by keeping will
deteriorate in value or injure other property; during the storage period or the expiry thereof and if the depositor fails to take the requisite actions as informed, Staragri shall have the right to sell the
commodities by public auction or by a private auction for satisfaction of its dues.
4.2 In case the commodities are sold off, the sale proceeds shall be utilized first to meet the warehousing charges and any/all other expenses incurred in the disposal including legal, shifting, labour charges and
Govt. levies etc and the surplus shall be remitted back to the depositor or to the Bank (in case the documents have been pledged). However, if Staragri is unable to sell the goods after a reasonable effort, it
may dispose them off in any manner it may think fit, and shall incur no liability by reason thereof.
4.3 Staragri may, from the proceeds of any sale made pursuant to this provision satisfies his arrears of storage charges and shall hold the balance if any, in trust for the holder of the receipt.
4.4 The Depositor further ensures that it shall make necessary endeavors for preservation of goods in good order which shall include but shall not be limited to making timely written requests/intimation to
Staragri of any steps taken/required to be taken in this regard and shall also assist Staragri in any manner required. However, Staragri shall not be liable for any consequences arising out of any activities
undertaken independently by the depositor regarding the goods.

5) Delivery Requirements:
5.1 Instructions for delivery or transfer of goods shall be made by the depositor and/or holder of the receipt or its agent/employee/any person authorized by the depositor and/or holder of the receipt after
surrendering the original receipt for cancellation or for endorsement of partial delivery thereon.
5.2 In case a warehouse receipt lost or destroyed, goods covered by it shall not be delivered until the person lawfully entitled to possession of the goods. Obtains and surrenders a duplicate receipt. The duplicate
will be issued on the fulfillment of such term and conditions as enumerated in the current operating procedure and policy of the company.
5.3 The depositor shall arrange to take delivery of the goods by paying for the warehouse storage, its dues in advance and on obtaining the receipt to arrange for removal of the goods from the warehouse
storage under proper discharge at his own cost during the working hours of the storage instruction for delivery or transfer of goods by the holder of the Receipt or his authorized person.
5.4 The depositor shall give prior notice to its intention to take delivery. The goods shall be handled only by the authorized workmen and shall not be allowed to be bonded by any other person, when it is under
the custody within the warehouse. The acceptance as well as delivery of goods shall be done only during the business hours except in special cases after working hours at the sole discretion of Staragri.
5.5 No one shall be permitted inside the warehouse unless expressly authorized by Staragri, the depositor is not allowed to take delivery from the warehouse unless and until clears all the dues accompanied with
the required documents and a written consent from the client/authorized person to complete the delivery process. It is the responsibility of the depositor/party taking delivery to ensure that the goods being
delivered by the transport are covered with protective packaging material i.e. tarpaulin etc.
5.6 Liability of Staragri shall cease once the delivery has been taken.

6) Liability:
6.1 The Depositor undertakes and confirms that the receipts contain true particulars of the deposited goods which are inscribed on the basis of the representations given by the depositor. Concomitantly, the
warehouse manager undertakes to exercise reasonable care and diligence as a man of ordinary prudence should have taken in respect of his own goods and as required by the law for keeping & preserving
the goods.
6.2 The warehouse managers’ liability if any, shall limited to the value of goods on date of deposit
6.3 Goods which are susceptible to damage due to delay, decay, temperature or humidity changes are accepted only at depositor’s risk for such damages as might result from general storage conditions.
6.4 The depositor of goods shall take the delivery after examining and verifying the contents of goods to its full satisfaction and the liability of staragri shall cease once the goods have been handed over. No
claim/disputes/questions against the Staragri or its executives shall be tenable with regard to loss or damage or whatsoever reason.
6.5 Staragri is not responsible for the usual and customary shrinkage in weight and effect on quality during storage due to natural causes.
6.6 The depositor shall be liable for any taxes, cesses or penalties etc., if any due in respect of the goods deposited and the depositor indemnifies Staragri against any adverse effect arising out of non-compliance
of the above. Staragri is not responsible for any action taken by any authority in this regard.
6.7 In case of any unreleased balance of goods are subject to a lien for unpaid charges and advances on the released portion, it shall be the responsibility of the financial institution/bank to verify the current
status of warehouse/storage receipt from the Staragri and Staragri shall not be held liable for any loss incurred by any loss incurred by any bank / financial institution for any transaction undertaken on the
basis of this receipt.
6.8 In case where Staragri is issuing storage receipt and acting as a sourcing agent or a service provider. where the physical custody is with the bank or any third party or Staragri is working as a collateral
manager then Staragri will not be responsible for any of the liabilities regarding physical custody and for any change in quality and quantities mentioned in the storage receipt.

7) Schedule of insurance and Taxes:

7.1 If insurance is by Staragri, all goods stored in the warehouse will be insured against the risk of fire and burglary. The insurance scheme may be varying commodity wise for the insurance covers for
combustion etc. and the depositor shall be entitled to receive the insurance claim in case of invocation as well as satisfaction of the policy. Staragri shall remit the insurance claim to the depositor, after
deducting the arrears of warehousing charges, if there is any at the rate not exceeding the market rate of the goods prevalent at the time of loss of the goods of the sum insured whichever is less.
7.2 Notwithstanding anything contained in sub-clause 7.3 Staragri is entitled to avail the requisite insurance cover at its sole discretion and shall, on doing so be entitled to recover from the depositor charges in
respect thereof in addition to the usual warehouse charges. Provided that nothing in this clause shall deem to have absolve the depositor from the liability to avail the requisite insurance under sub-clause 7.3.
7.3 For the purpose of insurance, the goods shall be valued at the market value prevalent from time to lime.
7.4 In the event of any loss due to fire, flood or theft, the depositor will co-operate with the Corporation in furnishing full and true details for finalizing the claim for compensation by the Insurance Company.
7.5 Staragri shall not be labile to compensate to depositor in the event of partial/non-settlement of loss claims. if any, by the insurer for any reasons whatsoever. All goods in the Warehouse/godown will be
insured against the risks of Fire, burglary and floods All the charges involved, are exclusive of taxes as applicable under the law.
7.6 If insurance is by depositor, in case of any mis happening depositor has to coordinate with the insurance company for claim processes and Staragri is neither responsible nor liable for such claims.

8) Limitation of Liability and cross liability:

8.1 In no event will either party be liable to the other party for any indirect, incidental, consequential, special or exemplary damages (even if such party has been advised of the possibility of such damages)
arising from any provision of this agreement or any statement of work issued hereunder.
8.2 In the event of any breach or default committed by the depositor and/or holder and/or or its partners /assignees /affiliates /successors/ subsidiary companies or any dispute /differences /claims arises as a
consequence thereof with regard to this agreement or to any other agreement with Staragri or any of its subsidiary, affiliates /associate entities etc. and/or with respect to any commodities /produce stored in
any premises operated by Staragri and/or its subsidiary, affiliates /associate entities etc., the Staragri reserves the right to withhold and /or dispose-off the commodities /produce stored in the scheduled
premises and/or withhold the access of the Depositor/holder with respect to the commodities /produce stored in the scheduled premises until the depositor/holder makes good the losses incurred and/or
probable losses of staragri due to such differences /disputes /claims /defaults /breach.

9) Dispute Resolution and Jurisdiction:

Any and all disputes/ defaults / breach/ differences and / or claims arising out of or in connection with the storage terms and arrangement thereto and/or its performance or as to the
interpretation/construction, meaning or effect hereof or as to the rights and liabilities of the parties whether during the subsistence of the arrangement or thereafter shall be settled by arbitration to be held in
Fast track mode according to the provisions of the Arbitration and Conciliation Act, 1996 (Arbitration and Conciliation (Amendment) Act, 2015), as may be amended from time to time; by a sole arbitrator to be
appointed by Staragri and In the event of death, refusal, neglect, inability, or incapability of the person so appointed to act as an Arbitrator, Staragri will appoint a new arbitrator. The venue of Arbitration shall
be Jaipur and the language shall be English. The decision of the Arbitrator so appointed shall be final and binding upon and enforceable against all Parties concerned. The courts Jaipur alone shall have
jurisdiction to adjudicate any proceedings arising with regard to the storage terms or arrangement thereof.

10) Taxes:
This receipt shall not be deemed as an invoice in any circumstances whatsoever. All the charges involved are exclusive of taxes as applicable under the law and the amendments thereof unless expressly
provide thereof.

11) Force Majeure:

Any delays in or failure of performance by either party under this agreement shall not constitute default hereunder if and to the extent caused by force tome majeure which is defined to the occurrences
beyond the control of the party effected. Including but not limited to acts of the government authorities, acts of god, fire, flood, explosion riots, war, rebellion, Insurrection sabotage and non-corporation of
third parties.

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