Alankit Ltd Directors Report

To,

The Members,

ALANKIT LIMITED

NEW DELHI

The Directors present the 36th Integrated Annual Report (‘Report) of Alankit Limited (the ‘Company) along with audited _inancial statements for the _inancial year ended March 31, 2025. The Company, along with its subsidiaries wherever required, is referred to as ‘Alankit Limited. The consolidated performance of the Company and its subsidiaries has been referred to wherever required.

THE STANDALONE AND CONSOLIDATED FINANCIAL HIGHLIGHTS

In compliance with the relevant applicable IND AS and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and provisions of the Companies Act, 2013, the Audited Standalone and Consolidated Financial Statements of the Company as on 31st March, 2025 have been duly prepared.

The following are the key highlights of the Companys Financial Performance for the Financial Year ended March 31st 2025, as compared to the Previous Financial Year:

(Rs. in Lakhs)

Particulars	Standalone		Consolidated
	31.03.2025	31.03.2024	31.03.2025	31.03.2024
Net Sales/Income from	10589.16	12663.97	30105.64	23570.45
Operations
Other Income	672.96	264.75	1835.31	1184.17
Total Income	11262.12	12928.72	31940.95	24754.62
Pro it before Depreciation,	3051.29	2400.14	4725.43	3463.32
Exceptional Items & Tax
Depreciation	780.79	558.30	1038.48	767.16
Pro it before Exceptional Items & Tax	2270.50	1841.84	3686.95	2696.16
Exceptional Items:	592.26	Nil	592.26	Nil
De-Recognition of Goodwill
Pro it before Tax	1678.24	1841.84	3094.69	2696.16
Provision for current year income-tax	642.88	663.08	977.23	808.77
Earlier Year Taxes	(171.19)	(266.28)	(178.36)	(285.66)
Mat Credit Receivable	Nil	Nil	Nil	(12.60)
Deferred Tax	42.79	(102.24)	128.80	(12.38)
Net Profit after Tax	1163.76	1547.28	2167.20	2198.03
EPS* (Basic)	0.43	0.69	0.73	0.96
(Diluted)	0.43	0.69	0.73	0.96

REVIEW OF OPERATIONS

Due to the continuous efforts made by the Company, the Company has been able to conduct its operations with agility and resilience and managed to earn a remarkable pro_it for the year under review.

However, the Companys Net Sales/Income from Operation has decreased by 16.38% as per standalone _inancials, whereas there is an increase of 27.73% in sales as per consolidated _inancials. The Directors are making continuous efforts to increase Pro itability of the Company.

Some of the highlights of the operations for the year are:

CONSOLIDATED

During the year, consolidated revenue was Rs. 30105.64lakhs as compared to Rs. 23570.45lakhs

in previous year. The Pro it after Tax for the year stood at Rs. 2167.20lakhs as against the previous years Rs. 2198.03lakhs.

STANDALONE

During the year, your Company recorded total revenue of Rs. 10589.16 lakhs as compared to Rs. 12663.97 lakhs in previous year. The Pro_it after tax for the year stood at Rs. 1163.76 lakhs as against previous years Rs. 1547.28 lakhs.

Further the company is continuously directing its efforts to achieve better _inancial and operational results.

DIVIDEND

Considering the need to conserve resources for meeting future expansion plans which will contribute to long-term shareholders value, your Board has not recommended any dividend for the Financial Year 2024-25.

TRANSFER TO RESERVES

The Board of Directors has decided to retain the entire amount of pro_it for Financial Year 2024-25 in the distributable retained earnings, hence there was no amount transferred to any of the reserves by the Company during the year under review.

PUBLIC DEPOSITS

The Company has not accepted/ hold/ any deposits from public within the ambit of Section 73 of the Companies Act 2013 and the Companies (Acceptance of Deposits) Rules2014 during the year under review. Hence the requirement for furnishing the details relating to deposits covered under Chapter V of the Act is not applicable. SHARE CAPITAL

The Authorized Share Capital of the Company as on 31st March, 2025, is Rs. 40,00,00,000 comprising of 40,00,00,000 Equity Shares of Re 1 each.

The Paid-up Share Capital of the Company as on 31st March, 2025, is Rs. 27,11,58,100 comprising of 27,11,58,100 Equity Shares of Re 1 each.

Further the Company has not issued shares with differential voting rights. It has neither issued employee stock options nor sweat equity shares and does not have any scheme to fund its employees to purchase the shares of the Company. As on 31st March, 2025, none of the Directors of the Company hold instruments convertible into Equity Shares of the Company.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

The Management Discussion and Analysis Report for the year under review, as stipulated under Regulation 34(2) of SEBI LODR Regulations, is appended to the Annual Report, and gives details of the industry structure, developments, opportunities, threats, performance and state of a airs of the Companys business, internal controls and their adequacy, risk management systems and other material developments during the Financial Year 2024-25, and is annexed as Annexure 5.1.

LISTING WITH STOCK EXCHANGES

Equity Shares of the Company are listed on Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE). The Company is regular in paying Annual Listing Fees to both the stock exchanges.

EVALUATION OF PERFORMANCE OF BOARD OF DIRECTORS

The evaluation process of the Board of Directors, Independent Directors, Committees and Board as a whole has been completed in accordance with the Director Evaluation Policy adopted by the Company which has been drafted as per the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board evaluation process comprised of both assessment and review. The analysis has been done on the basis of functioning of the Board and its committees, the time spent by the Board considering matters and whether the terms of reference of the Board committees have been met besides compliance of the provisions of the Act.

During the evaluation process the Chairman of the Board had one-on-one meetings with the other Independent Director and the Chairman of NRC had one-on-one meetings with the Executive and Non-Executive, Non-Independent Directors. These meetings were intended to obtain Directors inputs on effectiveness of the Board/Committee processes.

The Board and the NRC reviewed the performance of individual directors on the basis of criteria such as quali ications, experience, knowledge and competency, ful ilment of functions, initiativeness, attendance, the contribution of the individual director to the board and committee meetings like preparedness on the issues to be discussed, meaningful and constructive contribution and inputs in meetings, etc. In a separate meeting of independent directors, performance of Non Independent Directors and the Board as a whole was evaluated. Additionally, they also evaluated the Chairman of the Board, taking into account the views of Executive and Non-Executive Directors in the aforesaid meeting. The above evaluations were then discussed in the Board meeting and performance evaluation of Independent Directors was done by the entire Board, excluding the Independent Director being evaluated.

DIRECTORS RESPONSIBILITY STATEMENT

Based on the framework of Internal Financial controls established and maintained by the Company, work performed by the Internal, Statutory, Secretarial Auditors and external agencies including audit of internal _inancial controls over _inancial reporting by the statutory auditors and the reviews undertaken by the Management and the relevant Board Committees, including the Audit Committee, the Board is of the opinion that the Companys internal _inancial controls were adequate and effective during the Financial Year 2024-25.

Pursuant to the provisions of Section 134 of the Act, the Directors state that:

a) in the preparation of annual accounts for the Financial Year ended 31st March, 2025, the applicable accounting standards have been followed and there were no material departures requiring any explanation;

b) they 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 a airs of the Company at the end of the Financial Year and of the profit of the Company for that period;

c) they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act, for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) they have prepared annual accounts on a ‘going concern basis;

e) they have laid down internal _inancial controls to be followed by the Company and such internal inancial controls are adequate and are operating effectively; and

f) they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

CORPORATE SOCIAL RESPONSIBILITY

In accordance with the requirements of Section 135 of the Act, read with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended, the Company has a Corporate Social Responsibility (‘CSR) Committee in place. During the financial year the policy related to Corporate Social Responsibility has been revised and same has been approved by the Board, which is in line with the Listing Regulations and the same is hosted on the website of the Company. The Annual Report on CSR activities/initiatives which includes the contents of the CSR Policy, composition of the Committee and other particulars as specifiied in Section 135 of the Act, read with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended, are disclosed in Annexure 5.2 to this Report.

CORPORATE GOVERNANCE

In compliance with Corporate Governance requirements as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, your Company has implemented a Code of Business Conduct and Ethics for all Board members and senior management personnel of the Company, who have af irmed the compliance thereto.

Further in compliance with Regulation 34 of the Listing Regulations, a separate report on Corporate Governance for the year under review, along with the Certi icate from the Auditors con irming compliance with the conditions of Corporate Governance, is annexed as Annexure 5.3, forming part of this Report.

We ensure that we evolve and follow the corporate governance guidelines and best practices diligently, not just to boost long term shareholder value but also to respect the rights of minority. We consider it our inherent responsibility to disclose timely and accurate information regarding the operations and performance, leadership and governance of the company.

MD & CFO CERTIFICATION

The Managing Director & Chief Financial Of icer both have duly given a certi icate to the Board as contemplated in Regulation 17(viii) of the listing agreement.

Pursuant to Regulation 33(2)(a) the MD & CFO are required to sign the Certi icate of the Company certifying that the _inancial results do not contain any false or misleading statement or _igures and do not omit any material fact, which may make the statements or _igures contained therein misleading. The MD & CFO have given the Certi icate to ful ill the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 requirement is annexed as Annexure 5.4, forming part of this Report.

SUBSIDIARIES, ASSOCIATES AND JOINT VENTURE

The Audited Annual Consolidated Financial Statements forming part of the Annual Report have been prepared in accordance with the Companies Act, 2013 (‘the Act), Indian Accounting Standards (Ind AS) 110 ‘Consolidated Financial Statements and Indian Accounting Standards (Ind AS) 28 ‘Investments in Associates and Joint Ventures, noti ied under Section 133 of the Act, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time.

As on 31st March, 2025, Company has the following Subsidiaries:

Sl. No.	Name of the Company	Status
1.	Alankit Technologies Limited	Wholly Owned Subsidiary
2.	Alankit Imaginations Limited	Wholly Owned Subsidiary
3.	Alankit Insurance Brokers Limited	Wholly Owned Subsidiary
4.	Alankit Forex India Limited	Wholly Owned Subsidiary
5.	Verasys Limited *	Subsidiary
6.	Alankit ID Consulting Private Limited**	Wholly Owned Subsidiary

Note: *During the year under review "Verasys Private Limited", which was earlier a private Company, converted in to a public Company with effect from 07th day of October, 2024.

** "Alankit ID Consulting Private Limited", incorporated on 30th day of December, 2024 has become, Wholly Owned Subsidiary of Alankit Limited, during the year under review.

A statement containing the salient features of the Financial Statements of Subsidiary Companies in prescribed Format AOC 1 is annexed herewith in Annexure 5.5 to this Report. The said statement covers a report on the highlights of the performance of each of the Companys subsidiaries and their contribution to the overall performance of the Company for the Financial Year ended 31st March, 2025, pursuant to the provisions of Section 134(3) of the Act, read with Rule 8 of the Companies (Accounts) Rules, 2014,

In accordance with Section 136 of the Act, the Audited Financial Statements, including the Consolidated Financial Statements and related information of the Company, and Audited Accounts of each of its subsidiaries are available on the website of the Company, www.alankit.in.

MATERIAL SUBSIDIARY

As on 31st March, 2025, Alankit Imaginations Limited, Verasys Limited and Alankit Forex India Limited are material subsidiaries of the Company as per provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company has the policy related to determining material subsidiary and the same is hosted on the website of the Company. The said Policy is available at the Companys website and can be accessed at: https://www.alankit.in/policiespage.aspx

Secretarial Audit Reports of material subsidiaries, as required under Regulation 24A of SEBI (Listing Obligations and Disclosure on the operations of the Company Requirements) Regulations, 2015 are given in Annexure 5.6 to this Report.

INTERNAL FINANCIAL CONTROLS AND THEIR ADEQUACY

The Company has a well-established internal _inancial controls framework, which is designed to continuously assess the adequacy, effectiveness and ef iciency of internal _inancial controls. The management is committed to ensuring an effective internal financial controls environment, commensurate with the size and complexity of the business, which provides an assurance regarding the reliability of _inancial reporting and the preparation of _inancial statements for external purposes in accordance with generally accepted accounting principles.

During the Financial year, no material or serious observations were received from the Internal Auditors of the Company for ine iciency or inadequacy of such controls.

MATERIAL CHANGES AND COMMITMENT AFFECTING THE FINANCIAL POSITION OF THE COMPANY

The company received demand notices amounting to Rs.16470.46 Lakhs under section 156 of the Income Tax Act, 1961 with respect to assessment years 2011-12 to 2020-21. The company has _iled an appeal with the appropriate authorities against the said tax demand. As per the legal opinion obtained by the company the said demand is not tenable.

Apart from the above, there have been no material changes and commitments, affecting the _inancial position of the Company which has occurred between the end of the _inancial year of the Company to which the _inancial statements relate and the date of this Report other than as mentioned in the ‘Operations section of this Directors Report.

Further, there has been no change in the nature of business.

DECLARATION AND STATEMENT ON COMPLIANCE OF CODE OF CONDUCT BY INDEPENDENT DIRECTORS

The Company has received declarations from the Independent Directors con irming that they meet the criteria of independence as prescribed under Section 149(6) of the Act and under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In the opinion of the Board, the Independent Directors ful il the conditions specifiied under the Companies Act, 2013 and SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015 and are independent of the management.

Further, in terms of Rule 8(5)(iiia) of the Companies (Accounts) Rules, 2014, as amended, the Board of Directors states that in the opinion of the Board, Mr. Ashok Kumar Sinha and Ms. Meenu Agrawal, have been appointed as Independent Director for 5 years, w.e.f. 23rd May, 2024 and 3rd July, 2024 respectively, they both possess relevant expertise and experience. BOARD MEETINGS

During the Financial Year 2024-25, Five (5) Board Meetings were held, the details of which are given in the Corporate Governance Report, forming part of this Report.

Further the intervening gap between two Board meetings did not exceed the time limit prescribed in the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. DIRECTORS AND KEY MANAGERIAL PERSONNEL

The composition of the Board of Directors is in accordance with the provisions of Section 149 of the Companies Act, 2013 and Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with an optimum combination of Executive Director, Non-Executive Non-Independent Directors, Independent Directors and Women Directors.

During the Financial Year 2024-25, following changes have been occurred in the composition of Board of Directors and Key Managerial Personnel:

Mr. Ashok Shantilal Bhuta (DIN: 05336015) has retired as an Independent Director of the Company on completion of his second term as an Independent Director on 25th May, 2024,

Mr. Yash Jeet Basrar (DIN: 00112857) has retired as an Independent Director of the Company on completion of his second term as an Independent Director on 3rd July, 2024,

Mr. Ashok Kumar Sinha (DIN:08812305) has been appointed as an independent director of the company with effect from 23rd May, 2024, Ms. Meenu Agrawal (DIN:10679504) has been appointed as an independent director of the company with effect from 3rd July, 2024, Ms. Manisha Sharma (M.No. A58430) has resigned as the Company Secretary of the Company, with effect from 26th day of August, 2024

Ms. Sakshi Thapar (M.No. F10156) has been appointed as the Company Secretary and

Compliance Of_icer of the Company, with effect from 25st day of October, 2024.

AUDITORS:

STATUTORY AUDITORS

M/s. Kanodia Sanyal & Associates, Chartered Accountants, (having FRN: 08396N), New Delhi, were re-appointed as the Statutory Auditors at the 34th Annual General Meeting of the Company held on 26th September, 2023 for a period of _ive years i.e. until the conclusion of 39th Annual General Meeting of the Company for the Financial Year ended 31st March, 2028, on a remuneration as mutually agreed between the board and Statutory Auditors.

Pursuant to Section 139 and 141 of the Act and relevant Rules prescribed thereunder, the S tatutory Auditors have con irmed that they are not disquali ied from continuing as Auditors of the Company.

The Auditors have also con_irmed that they have subjected themselves to the peer review process of Institute of Chartered Accountants of India (ICAI) and hold a valid certi icate issued by the Peer Review Board of the ICAI.

The Notes on _inancial statement referred to in the Auditors Report are self-explanatory and do not call for any further comments. The Statutory Auditors have submitted an unmodifiied opinion on the audit of _inancial statements for the Financial Year 2024-25 and there is no qualification, adverse remark or disclaimer given by the Auditors in their Report.

During the year under review, the Auditors had not reported any matter under Section 143(12) of the Act, therefore, no detail is required to be disclosed under Section 134(3)(ca) of the Act.

SECRETARIAL AUDITORS

In terms of Section 204 of the Act and Rules framed thereunder, N. C. Khanna, Practicing Company Secretary, was appointed to conduct the Secretarial Audit of the Company for the Financial Year 2024-25. The report of the Secretarial Auditor in Form MR-3 is annexed as Annexure 6 to this Report. The Secretarial Audit Report is self-explanatory and does not contain any quali ication, reservation or adverse remark. The Company complies with all applicable secretarial standards.

Further, in term of Regulation 24A of SEBI Listing Regulations as amended, every listed company has been mandated to appoint Secretarial Auditor for a _ixed term of _ive years, with the approval of members in the Annual General Meeting. Accordingly, the Audit Committee and the Board have recommended the appointment of N. C. Khanna, Practicing Company Secretary, as Secretarial Auditors of the Company for a term of _ive consecutive year i.e. from FY 2025-26 to FY 2029-30, subject to approval of the members in the ensuing Annual General Meeting in compliance of Regulation 24A of SEBI Listing Regulations. N. C. Khanna, Practicing Company Secretary has con irmed their eligibility, independence and willingness for appointment as Secretarial Auditors of the Company and have also con irmed that they are not disqualifiied for such appointment under applicable laws and Auditing Standards issued by the Institute of Company Secretaries of India.

AUDITORS STATEMENT

During the year under review, neither the Statutory Auditors nor the Secretarial Auditors have reported to the audit committee, under section 143(12) of the Companies Act, 2013 any instances of fraud committed against the Company by its of icers or employees.

STATE OF COMPANYS AFFAIRS

Alankit Limited, the _lagship company of the Alankit Group, is a prominent leader in Indias Financial and e-Governance services landscape. Listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the Company operates through a strong foundation built at its Delhi headquarters, supported by a widespread PAN India presence and a highly skilled professional team. With a vast network comprising 25 Regional O ices and over 10,000 business locations across 673 cities, Alankit ef iciently delivers e-Governance services to millions of citizens. The Company proudly serves a retail customer base exceeding 100 million and continues to chart a steady growth trajectory by introducing new business verticals every year, thereby reinforcing its long-term expansion strategy. Backed by more than three decades of industry experience, Alankit has consistently collaborated with various government departments to enhance transparency and streamline service delivery. Its evolution into a sector leader is underpinned by strong infrastructure, technological advancement, and a capable workforce focused on meeting the ever-changing needs of citizens and institutions alike.

CONSERVATION OF ENERGY, RESEARCH AND DEVELOPME NT, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO A. Conservation of Energy

Since the Company does not own any manufacturing facility and the Company is engaged in providing e-governance services and e-governance products and such operations do not account for substantial Electricity, Gas & Steam, Power, Water or any other kind of energy consumption. However, the company is taking all possible measures to conserve the energy.

However, the requirements pertaining to disclosure of particulars relating to conservation of energy is not applicable on the Company but being the responsible corporate citizen, your company is continuously looking for new ways of conservation of energy and wastes minimization for the protection of environment. The eco-friendly initiatives adopted by your company are:

Installation of LED lights in all the o ices nationwide. Implementing energy conservation schemes.

Awareness programs for employees at all levels and for community. Promoting the use of alternative fuels and materials.

B. Technology Absorption and Research & Development

Since the Company is not involved in manufacturing activity, hence the research & development and technology absorption is not applicable.

C. Foreign Exchange Earnings and Outgo

Particulars	(Amount in lakhs)
Foreign Exchange Earnings	Nil
Foreign exchange Outgo	360.84

PARTICULARS OF EMPLOYEES

None of the employees of the Company is in receipt of remuneration exceeding the limits prescribed under Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Further the Company has been in compliance of Section 197 of the Companies Act, 2013 with respect to the payment of remuneration to its Key Managerial Personnel.

Further The Statement of Disclosure of Remuneration under Section 197 of the Companies Act, 2013 and Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 ("Rules"), is appended as annexure 5.7 to this report.

COMPOSITION OF VARIOUS COMMITTEES OF THE BOARD

Pursuant to the change in directorship of the Company following committees have been reconstituted during the year under review:

AUDIT COMMITTEE

NOMINATION AND REMUNERATION COMMITTEE STAKEHOLDER RELATIONSHIP COMMITTEE MANAGEMENT COMMITTEE

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE RISK MANAGEMENT COMMITTEE

AUDIT COMMITTEE

The Company has a well-qualifiied Audit Committee, the composition of which is in line with the requirements of Section 177 of the Companies Act, 2013 read with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As on 31st March, 2025, the composition of the Audit Committee is as follows:

Name of member	Designation
Mr. Ashok Kumar Sinha	Chairperson
Ms. Meenu Agrawal	Member
Ms. Preeti Chadha	Member

NOMINATION AND REMUNERATION COMMITTEE:

The Company has duly constituted Nomination and Remuneration Committee as per the requirements prescribed under the provisions of Section 178 of the Companies Act, 2013 and Regulation 19 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As on 31st March, 2025, the composition of the Nomination And Remuneration Committee is as follows:

Name of member	Designation
Ms. Meenu Agrawal	Chairperson
Mr. Ashok Kumar Sinha	Member
Ms. Preeti Chadha	Member

STAKEHOLDER RELATIONSHIP COMMITTEE

The Company has duly constituted Stakeholder Relationship Committee as per the requirements prescribed under Regulation 20 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As on 31st March, 2025, the composition of the Stakeholder Relationship Committee is provided as below:

Name of member	Designation
Ms. Preeti Chadha	Chairperson
Ms. Meenu Agrawal	Member
Mr. Ashok Kumar Sinha	Member

MANAGEMENT COMMITTEE

As on 31st March, 2025, the composition of the Management Committee is provided as below:

Name of member	Designation
Mr. Ankit Agarwal	Chairman
Ms. Meenu Agrawal	Member
Ms. Preeti Chadha	Member

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

As on the date of this report, the composition of the Corporate Social Responsibility Committee is done as per Section 135 of the Company Act, 2013, which is provided as below:

Name of member	Designation
Ms. Preeti Chadha	Chairperson
Mr. Ankit Agarwal	Member
Ms. Meenu Agrawal	Member

RISK MANAGEMENT COMMITTEE

As on the date of this report, the composition of the Risk Management Committee is provided as below:

Name of member	Designation
Ms. Preeti Chadha	Chairperson
Mr. Ashok Kumar Sinha	Member
Ms. Meera Lal	Member

RELATED PARTY TRANSACTIONS

During the _inancial year the policy on materiality of related party transactions and dealing with related party transactions, has been revised and same has been approved by the Board, which is in line with the Listing Regulations and the same is hosted on the website of the Company. For Related Party Transactions, please refer note no. 35 of Financial Statements of the Company for the _inancial year 2024-25. The information on transactions with related parties pursuant to Section 134(3) (h) of the Act read with Rule 8(2) of the Companies (Accounts) Rules, 2014 is given in Form No. AOC-2, which is annexed as Annexure 5.8 of this report. The above Policy is available at the Companys website and can be accessed at: https://www.alankit.in/policiespage.aspx

PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS

Pursuant to Section 186 of the Act read with the Companies (Meetings of the Board and its Powers) Rules, 2014, disclosures relating to loans, advances and investments as on 31st March 2025 are given in the Notes to the Financial Statements in Note No. 6.

COMPLIANCE WITH SECRETARIAL STANDARDS

The Company hereby af irms that during the year under review, the Company has complied with all the applicable Secretarial standards, issued by the Institute of Company Secretaries of India.

VIGIL MECHANISM/WHISTLE BLOWER POLICY

The Company has adopted Whistle Blower Policy and established a Vigil Mechanism in compliance with provisions of the Act and the Listing Regulations for the Directors and employees to report genuine concerns about unethical behavior, actual or suspected fraud or violation of the Codes of Conduct or policy. The mechanism provides for adequate safeguards against victimization of Directors and employees to avail of the mechanism and also provide for direct access to the Chairman of the Audit Committee in exceptional cases. The said Policy is available at the Companys website and can be accessed at: https://www.alankit.in/policiespage.aspx

NOMINATION, REMUNERATION AND BOARD DIVERSITY POLICY

During the _inancial year the policy related to Nomination and Remuneration has been revised as recommended by Nomination and Remuneration Committee in terms of the provisions of Section 178 of the Act and Regulation 19 of the Listing Regulations, read with Part D of Schedule II thereto and same has been approved by the Board, which is in line with the Listing Regulations and the same is hosted on the website of the Company. The Board has adopted a Nomination and Remuneration Policy. The Policy governs the criteria to pay equitable remuneration to the Directors, Key Managerial Personnel (KMP), senior management (as de ined below) and other employees of the Company and to harmonies the aspirations of human resources with the goals of the Company.

The Policy aims to act as a guide to the Board in relation to appointment and removal of Directors, Key Managerial Personnel and Senior Management, ensuring that the level and composition of remuneration is reasonable and suf icient to attract, retain and motivate, to run the company successfully, ensuring that relationship of remuneration to performance is clear and meets the performance benchmarks and ensuring that remuneration involves a balance between _ixed and incentive pay re lecting short and long term performance objectives appropriate to the working of the company and its goals.

The Nomination and Remuneration Policy is available at the Companys website and can be accessed at: https://www.alankit.in/policiespage.aspx.

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

Your Company treats its employees equally, with dignity and with no gender bias. Your Company believes and ensures that all employees work in an environment that is free from all kinds of harassments including sexual harassment of women, this is enshrined in values and in the Code of Ethics & Conduct of the Company.

Further your Company has zero-tolerance for Sexual Harassment of Women at the workplace in accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013 and Rules made thereunder. Your Company has constituted an Internal Complaints Committee (ICC), to inquire into the complaints of Sexual Harassment and to recommend appropriate action.

The following is a summary of sexual harassment complaints received and disposed of during the _inancial year 2024-25:

No. of Complaints received: Nil No. of Complaints disposed of: Nil

REPORTING OF FRAUDS

There was no instance of fraud during the year under review, which required the Statutory Auditors/ Secretarial Auditors to report to the Audit Committee and/or Board under Section 143(12) of Act and Rules framed there under.

RISK MANAGEMENT

The Company has a robust risk management framework to identify, measure, manage and mitigate business risks and opportunities. This framework seeks to create transparency, minimize adverse impact on the business strategy and enhance the Companys competitive advantage.

The Board of Directors of the Company has formed a Risk Management Committee to frame, implement and monitor the risk management plan for the Company. The Committee is responsible for monitoring and reviewing the risk management plan and ensuring its effectiveness. The risk management framework is reviewed periodically by the Board, Audit Committee and Risk Management Committee.

TRANSFER TO THE INVESTOR EDUCATION AND PROTECTION FUND

In terms of the provisions of Section 124 of the Companies Act, 2013 (‘Act), read together with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 and amendments thereof (‘IEPF Rules), the Company has transferred Rs. 3,09,240, (Rupees Three Lakhs Nine Thousand Two Hundred and Forty Only) to the IEPF, during the Financial Year 2024-25, being unpaid/unclaimed dividend amounts relating to the Financial Year Financial Year 2016-17 (Final) and 2017-18 (Interim).

Pursuant to the provisions of the IEPF Rules, the Company has uploaded the details of unpaid and unclaimed amounts lying with the Company as on 31st March, 2025 (as on the date of closure of previous _inancial year) on the website of the Company (https://www.alankit.in/unpaid-dividend-list.aspx).

Dividend History for the last 7 years is as under:

Particulars	Date Declaration of	Date completion seven years	Due date for transfer to IEPF	Amount (Rs.)
Interim Dividend 2018-19	20th March, 2019	25th April, 2026	25th May, 2026	2,28,473.40/-
Final Dividend 2019-20	29th August, 2020	4th October, 2027	03rd November, 2027	4,70,006.80/-
Final Dividend 2020-21	27th September, 2021	02nd November, 2028	01st December, 2028	2,91,433.40/-
Final Dividend 2021-22	29th September, 2022	04th November, 2029	03rd December, 2029	3,28,623.60/-

It is to be noted that since no dividend has been declared for the Financial Year 2022-23, 23-24 and 2024-25, hence the Company is not required to make any transfer to IEPF for the Financial Year 2022-23, 2023-24 and 2024-25.

Transfer of Shares to the Demat Account of Investor Education and Protection Fund Authority

In terms of the provisions of Section 124(6) of the Act, read with the relevant Rules made thereunder, 35,600 Equity Shares of the Company, in respect of which dividend was unpaid or unclaimed for the Financial Year 2016-17 (Interim), 2016-17 (Final) and 2017-18 (Interim), has been transferred to the Demat Account of the IEPF Authority maintained with National Securities Depository Limited, during the Financial Year 2024-25.

Further, the voting rights in respect of shares transferred to the Demat Account of the IEPF Authority shall remain frozen, until the rightful owner claims the shares. Members may note that shares as well as unclaimed dividend transferred to the IEPF Authority can be claimed back. Concerned shareholders are advised to visit http://www.iepf.gov.in/IEPF/refund.html for lodging claim for refund of shares or dividend from the IEPF Authority.

ANNUAL RETURN

Pursuant to the amendments to Section 134(3)(a) and Section 92(3) of the Act read with Rule 12 of the Companies (Management and Administration) Rules, 2014, the Annual Return for the _inancial year ended 31st March, 2025, is available on the website of the company at https://www.alankit.in/annual-return.aspx.

THE DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH THE REASONS THEREOF

The above clause is not applicable as the Company has not entered in to any one-time settlement with the Banks or Financial Institutions and no valuation has been performed by the Company in this regard.

THE DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 DURING THE YEAR ALONGWITH THEIR STATUS AS AT THE END OF THE FINANCIAL YEAR:-

There is no application pending against the Company proceedings either _iled by the Company or against the Company pending under the Insolvency and Bankruptcy Code 2016 as amended before the National Company Law Tribunal or other Courts as on 31st March 2025.

COMPLIANCE UNDER THE MATERNITY BENEFIT ACT, 1961

The Company has complied with all applicable provisions of the Maternity Bene it Act, 1961, including the Maternity Bene it (Amendment) Act, 2017. The Company is committed to supporting the health, well-being, and rights of women employees and ensures a conductive work environment that upholds statutory maternity bene its.

Key measures undertaken by the Company include:

Grant of paid maternity leave as prescribed under the Act. Provision of medical bonus where applicable. Nursing breaks during working hours.

Provision of cre che facilities (either in-house or through tie-ups, where applicable). No discrimination or adverse action against women availing maternity leave.

The Company continues to foster a gender-sensitive workplace and adheres to all welfare provisions as stipulated under the Act.

APPRECIATION

Your Directors take this opportunity to express their grateful appreciation for the continued support and co-operation received from the companys valued customers and esteemed

shareholders for the support and con idence reposed by them in the management of the Company and look forward to the continuance of this mutually supportive relationship in future.

Your Directors also place on record their appreciation and gratitude to all the Departments of Government of India, Central Government, State Government, Tax Authorities, Reserve Bank of India, Ministry of Corporate A airs, Financial Institutions, Stock Exchanges, Banks and other governmental/ Semi governmental bodies and look forward to their continued support in all future endeavors.

Your Directors also wish to place on record their appreciation for the continued cooperation received from all the vendors, dealers, investors and business associates for the support provided by the inancial institutions, bankers and stock exchanges.

Your Directors also wish to place on record their sincere appreciation for the diligent efforts, hard work and commitment put in by all ALANKIT employees.

Inspired by this Vision, driven by Values and powered by internal Vitality, we look forward to delivering another year of value adding growth.

BY ORDER OF THE BOARD OF DIRECTORS
For ALANKIT LIMITED
Sd/-	Sd/-
ASHOK KUMAR SINHA	ANKIT AGARWAL
CHAIRMAN	MANAGING DIRECTOR
DIN: 08812305	DIN:01191951
DATE: 14/08/2025
PLACE: NEW DELHI