Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 58

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 1
Chunk 58
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 to, or for any services they render
in order to effectuate, the consummation of a business combination. Accordingly, it is likely that prior to the consummation of an initial
business combination, the compensation committee will only be responsible for the review and recommendation of any compensation arrangements
to be entered into in connection with such initial business combination.

30

Code of
Ethics

We
have adopted a code of conduct and ethics applicable to our directors, officers and employees in accordance with applicable federal securities
laws. We have filed a copy of our Code of Ethics as an exhibit to our Registration Statement on Form S-1. You will be able to review
these documents by accessing our public filings at the SEC’s web site at www.sec.gov. In addition, a copy of the Code of
Ethics will be provided without charge upon request from us. We intend to disclose any amendments to or waivers of certain provisions
of our Code of Ethics in a Current Report on Form 8-K.

Conflicts
of Interest

In
general, officers and directors of a corporation incorporated under the laws of the State of Delaware are required to present business
opportunities to a corporation if:

●the
                                            corporation could financially undertake the opportunity;

●the
                                            opportunity is within the corporation’s line of business; and

●it
                                            would not be fair to the corporation and its stockholders for the opportunity not to be brought
                                            to the attention of the corporation.

In
relation to the foregoing, our amended and restated certificate of incorporation provides that:

●we
                                            renounce any interest or expectancy in, or being offered an opportunity to participate in,
                                            any business opportunities that are presented to us or our officers or directors or stockholders
                                            or affiliates thereof, including but not limited to, our initial stockholders and its affiliates,
                                            except as may be prescribed by any written agreement with us; and

●our
                                            officers and directors will not be liable to our company or our stockholders for monetary
                                            damages for breach of any fiduciary duty by reason of any of our activities or any of our
                                            initial stockholders or its affiliates to the fullest extent permitted by Delaware law.

Each
of our officers and directors presently has, and any of them in the future may have additional, fiduciary or contractual obligations
to another entity pursuant to which such officer or director is or will be required to present a business combination opportunity to
such entity. Accordingly, if any of our