AFFLUENCE

Array of Products of the Company: Cotton In this endeavor, we have released products like 3609, 9036 and 738 in the Central-South zone and 738, 5080 in the North zone. We have maintained the volume of Brahma, whereas growth was witnessed in 738 (North) and 3609 (Central). We laid down the farmers’ demonstration plots of new products like Banno (North) and TA111, TA122 (Central-south). Performance of the commercial and new products was promising in their respective segments and appreciated by the farmers. Corn The Hybrid S2 981 with Robust cob size and orange yellow grains is suitable for both Kharif and spring seasons, it is our main commercial hybrid currently. Other hybrid S2 909 with very good tip filling and desi grain features is being scaled up. The new commercial hybrids viz., S2 702 with long cob and attractive deep orange grains and a 3-way hybrid S2 360 with uniform cobs, good tip filling and high seed producibility (Low cost of goods) were considered for commercialization during Kharif 2021. Besides, among Rabi specific hybrids tested during 2020-21, the hybrid 2ATM214 was considered for commercialization during coming Rabi season. The hybrid named S2 945 is an in-licensed hybrid suitable for Bihar during Rabi season is an additional commercial hybrid. A N N U A L R E P O R T 2 0 2 0 – 2 1 13 | P a g e Rice During 2020-21 three hybrids in medium early maturity viz, TA 311, TA 355, TA 366; one variety each in medium maturity fine grain TA 3133, Early maturity long grain TA 3155, Long grained aromatic (Basmati group) TA 3166, Very early maturity for rainfed uplands TA 3144 were advanced for large scale demonstration during Kharif 2021. Also, a new fine grained variety ‘Preyasi’ was commercialized in UP. Mustard We have developed two F2 Hybrids TA-555 & TA-556, which have 10-12% superiority over the promising OPV variety- Pusa Vijay (Developed by IARI, New Delhi, for North India). These hybrids are suitable for Rajasthan, Haryana, Uttar Pradesh, Bihar and Madhya Pradesh. The pipeline F2 hybrids exhibited yield superiority and compared at par with promising F1 hybrids with improved seed size. This year breeding strategy has been completely diverted to develop F1 hybrids only. The new breeding material with White Rust disease tolerance with high oil content is being developed besides big seeds & high seed yield as the targeted traits. Vegetables Vegetables continue to play an important role among the Indian population, being a staple food component as well as providing protein supplements. The Tierra R&D has accelerated its efforts in Tomato, Okra, Green Pea, and other vegetable crops like Beetroot, Cabbage, Cauliflower, Carrot, Coriander, Cucumber, French Beans, Hot Pepper-Green Fresh, Red Dry, Gourds, Radish, Sweetcorn, and Watermelons in its sales portfolio. We have also designed the right seeds for different climatic conditions prevailing in various regions of the country to meet the aspirations of the farmers and consumers. The marketing team has also intensified its efforts to penetrate our products aggressively to strengthen our market presence and growing steadily with double growth digit with increased customer satisfaction

A. Conservation of Energy: i. the steps taken or impact on conservation of energy Since the Company is not engaged in any manufacturing activity, issues relating to conservation of energy are not relevant to its energy functioning. However, energy conservation receives attention at all levels. All efforts are made to conserve and optimize the use of energy. ii. the steps taken by the company for utilizing alternate sources of energy iii. the capital investment on energy conservation equipment

A. Technology Absorption: i. the efforts made towards technology absorption Nil ii. the benefits derived like product improvement, cost reduction, product development or import substitution N.A. iii. in case of imported technology (imported during the last three years reckoned from the beginning of the financial year) (a) the details of technology imported; (b) the year of import; (c) whether the technology been fully absorbed; (d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof; and N.A. iv. the expenditure incurred on Research and Development

A. Foreign Exchange Earnings and Outgo during the year: Rs. In Lakhs i. Foreign Exchange Earned : Nil ii. Foreign Exchange Outgo : Nil

1Your Directors state that: a. in the preparation of the annual accounts for the financial year ended March 31, 2021, the applicable accounting standards have been followed along with proper explanation relating to material departures; 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, 2021 and of the profit or loss of the Company for the financial year ended on that date; c. the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with this 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 devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively