Ambani Organics Ltd Management Discussions

Over the years we have developed good standing with our customers from various industries to whom we have supplied specialty chemicals such as Textile Auxiliaries, Acrylic Polymers, Binders and Paint Dryers. We have dedicated industry based marketing managers who market our products to the specific industry which has been allocated. Our overseas marketing headed by Mr. Aashay Shah and the domestic marketing is headed by Mr. Rakesh Shah

We have a dedicated inhouse Research & Development and Quality Assurance/Quality Control Team which undertakes rigorous testing and quality management. Our R&D Centre is located at Plot No. N42, MIDC Tarapur Boisar, Thane, Maharashtra 401506.

Our dedicated R&D team tests the raw materials procured and the products manufactured. The R & D team is instrumental in maintaining the high quality of our products.

The chemical industry captures a wide variety of companies that serve to provide products and services that keep the everyday consumer engaged. There are a number of segments within the industry, each of which provides a different form of services to consumers around the world. Thus, Chemical market is highly competitive and

fragmented, and we face competition from leading Chemical and Dye Industries, that are expanding their traditional offerings (in India) to include research and development (R&D), product development, and other niche services. We compete with our competitors on a regional or product line basis. Some of our competitors may have greater financial, marketing, sales and other resources than we do. We believe that the principal factors affecting competition in our business include client relationships, reputation, the abilities of employees, market focus and the relative quality and price of the services and products. We propose to create awareness of our products by participating in award functions, fairs, conferences, etc. Moreover, as we seek to diversify into new geographical areas, we face competition from competitors that have a PanIndia presence and also from competitors that have a strong presence in regional markets.

The following important factors could cause actual results to differ materially from the expectations include, among others.

We earn our revenue from manufacturing varied specialty chemicals catering to various industries. Our Company is engaged in manufacturing of chemicals such as Textile Auxiliaries, Acrylic Polymers, Binders, Paint Dryers, Organic Peroxides, Salicylic Acid and Salicylic Derivatives.

Since we continuously endeavor to provide quality products to our customers, our revenues have been impacted by such quality products. We have a marketing team allocated for the same, each handled by well trained personnel. We aim at increasing in operational output through continuous process improvement, Quality Assurance (QA) and QA activities, customer service, consistent quality and technology development.

from players in the organized and unorganized segments, the greater difficulty of growing at sustained rates from a larger revenue base, our inability to control our expenses and the availability of resources for our growth. There can be no assurance that we will not suffer from capital constraints, operational difficulties or difficulties in expanding existing business operations. Our development and expansion strategies will require substantial managerial efforts and skills and the incurrence of additional expenditures and may subject us to new or increased risks. We may not be able to efficiently or effectively implement our growth strategies or manage the growth of our operations, and any failure to do so may limit future growth and have an adverse effect on our business.

Our results of operations depend on the continued existence, success and growth of, and demand for, our various product. Developments in the global and Indian economy influence the decisions of enterprises to determine their pricing strategy, market based factors and quality standards thereby affecting the demand for our products and services.

The principles of risk avoidance, such as segregation of duties and approvalbased authorization matrix form the core of the internal control systems. The efficiency and

effectiveness of the internal control systems over financial reporting has been performed by the management through evaluation, documentation, testing and reporting of the relevant processes and controls.

Internal audits are conducted regularly and their summary as well as recommendations are placed before the Audit Committee / Board of Directors of the Company. The Audit Committee reviews the internal financial control systems on an ongoing basis.

During the year under review, revenue from operations is Rs. 19,253.87 lakhs as against Rs. 13,620.16 lakhs in the previous financial year which is 41.36% more than the previous financial year.

Revenue from operations is Rs. 19,253.87 lakhs in the current financial year as against Rs. 13,620.16 lakhs in the previous financial year which is 41.36% more than the previous financial year.

Your directors are hopeful that the Company may be able to show better performance in coming years.

During the year under review, the company has earned total income of Rs 19,392.75 lakhs as against Rs. 13,667.79 lakhs in the previous financial year which is 41.88%% more compared to previous financial year.

During the year under review, the company has earned total income of Rs. 19,392.76 lakhs as against Rs. 13,667.81 lakhs in the previous financial year calculated on

The reserves and surplus of the company for the FY 202425 is 4,068.94 lakhs as against Rs. 3,234.80 lakhs in the previous financial year.

The reserves and surplus of the company for the FY202425 is 4,068.94 lakhs as against Rs. 3,227.79 lakhs in the previous financial year.

Our Company continues its dedicated endeavor to attract, onboard, develop, motivate and retain high performing employees to ensure business success. Our Company believes that its people are the strongest asset and, consequently, focuses on building a robust leadership resource pool through effective hiring, talent development through training and skilling, and motivating and nurturing talent through implementing and adopting measures for rewarding, differentiating and recognizing employees for high performance. Diversity and Inclusion is one of our key focus areas to build our organization for the future. Our Company consistently works towards creating and enabling an inclusive workplace, by investing in infrastructure at its manufacturing sites, revamping and introducing new age policies and integrating multiple best practices. This ensures that Our Company and its work environment are diversity friendly and truly inclusive.

Employee wellbeing has always been at the core of our organization. Our Company continues to emphasize employee development and experience. In keeping with high performance goals, our Company has facilitated a culture of autonomy, accountability and collaboration in both businesses and service units. Our working model continues to be hybrid, in line with new age practices, deploying safety and health measures at both offices and at factories.

There were instances of Geo political tensions in recent past and few are ongoing. Such instances disrupt the supply chain as well as impact the business cycle.

stable interest rates and deleveraged balance sheets.

(Formerly known as Ambani Organics Limited)

Place: Mumbai Date: 04.09.2025

Sd/

Apooni Shah DIN:00503116 Whole Time Director

Sd/

Rakesh Shah DIN:00503074 Managing Director

[Regulation 17(8)]

To,

The Board of Directors Ambani Orgochem Limited

N 44, MIDC, Tarapur, Boisar, Thane 401506

Dear Sir(s),

We, Paresh Harsukhlal Shah, the Chief Executive Officer (CEO) and Bhavesh Babulal Pandya (CFO) of the Company do hereby certify to the Board that:

1. We have reviewed financial statements and the cash flow statement for the year ending 31st March, 2025 and that to the best of their knowledge and belief:

a. These statements do not contain any materially untrue statement or omit any material factor contain statements that might be misleading;

b. These statements together present a true and fair view of the companys affairs and are in compliance with existing accounting standards, applicable laws and regulations.

2. There are, to the best of our knowledge and belief, no transactions entered into by the company during the year which are fraudulent, illegal or violation of the companys code of conduct.

3. We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the effectiveness of internal control systems of the company pertaining to financial reporting and we have disclosed to the auditors and the Audit Committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps we have taken or propose to take to rectify these deficiencies.

4. We have indicated to the auditors and the Audit committee:

a. Significant changes in internal control over financial reporting during the year;

b. Significant changes in accounting policies during the year and that the same have been disclosed in the notes to the financial statements; and

c. Instances of significant fraud of which we have become aware and the involvement therein, if any, of the management or an employee having a significant role in the companys internal control system over financial reporting;