Betala Global Securities Ltd Directors Report

To, The Members, Betala Global Securities Limited

Your Directors are pleased to present the Thirty Second (32^nd) Annual Report of the Company together with the Audited Standalone Financial Statements for the financial year ended 31st March, 2026.

FINANCIAL HIGHLIGHTS

The financial performance of the Company for the financial year ended 31st March, 2026 is summarized below:

( in Thousands)

Particulars	FY 2025-26	FY 2024-25
Revenue from Operations	-	-
Other Income	466.94	768.17
Total Income	466.94	768.17
Total Expenses	908.44	3,461.56
Profit/(Loss) Before Tax	(441.50)	(2,693.39)
Tax Expense	-	-
Profit/(Loss) After Tax	(441.50)	(2,693.39)

(Figures to be inserted as per the Audited Financial Statements.)

STATE OF AFFAIRS OF THE COMPANY

The Company is primarily engaged in investment activities, granting of loans and allied financial services in accordance with its Memorandum of Association and applicable laws.

During the year, the Company continued its efforts towards recommencing and expanding its business activities and actively pursued opportunities in the field of investments and financial services.

The Company incurred a net loss of 441.50 Thousands during the financial year ended 31st March, 2026, as compared to a net loss of 2,693.39 Thousands during the previous financial year.

Although the Company continued to incur a loss during the financial year, the loss has significantly reduced as compared to the previous financial year. The loss during the year was primarily attributable to expenditure incurred towards strengthening the Companys statutory and regulatory compliance framework, professional and legal expenses, listing and revocation-related expenses and other administrative costs. The Board believes that these initiatives will support the Companys future growth and business expansion.

Despite these challenges, the Board believes that the measures undertaken during the year have strengthened the Companys governance framework and positioned it for future growth.

LISTING STATUS

The equity shares of the Company are listed on BSE Limited. Trading in the equity shares of the Company continues to remain under suspension. During the financial year under review, the Company continued to undertake necessary measures in connection with its application for revocation of suspension of trading before BSE Limited. The Company has complied with the observations communicated by BSE Limited from time to time and submitted the requisite documents and information as required by the Stock Exchange.

The Company has complied with the observations communicated by BSE Limited from time to time and submitted all requisite documents and information in connection with the revocation process. The application for revocation of suspension of trading of the equity shares is presently under consideration by BSE Limited.

COMPLIANCE INITIATIVES DURING THE YEAR

During the financial year under review, the Company continued to strengthen its compliance framework and undertook various corrective measures to ensure compliance with the applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws.

The application for revocation continues to be under consideration by BSE Limited. The Company remains committed to complying with all applicable statutory and regulatory requirements. Any revocation of suspension and restoration of trading of the Companys equity shares shall be subject to the approval of BSE Limited and compliance with the applicable regulatory requirements.

DIVIDEND

In view of the loss incurred during the financial year under review and with a view to conserving the financial resources of the Company, your Directors do not recommend any dividend for the financial year ended 31st March, 2026.

TRANSFER TO RESERVES

In view of the loss incurred during the financial year under review, no amount has been transferred to the General Reserve.

CHANGE IN THE NATURE OF BUSINESS

There was no change in the nature of the business of the Company during the financial year under review.

SHARE CAPITAL

During the financial year under review, there was no change in the authorised, issued, subscribed and paid-up share capital of the Company.

ANNUAL RETURN

Pursuant to the provisions of Section 92(3) read with Section 134(3)(a) of the Companies Act, 2013, the Annual Return of the Company as on 31st March, 2026 is available on the website of the Company at: www.betala.net

DEPOSITS

During the financial year under review, the Company has neither accepted nor renewed any deposits within the meaning of Sections 73 to 76 of the Companies Act, 2013 read with the Companies (Acceptance of Deposits) Rules, 2014.

Accordingly, there were no deposits outstanding, unpaid or unclaimed as on 31st March, 2026.

MATERIAL CHANGES AND COMMITMENTS

No material changes or commitments affecting the financial position of the Company have occurred between the end of the financial year i.e. 31st March, 2026 and the date of this Report, except the proposals relating to the re-appointment of an Independent Director and shifting of the Registered Office of the Company from the State of Tamil Nadu to the State of Maharashtra, which are placed before the Members for their approval at the ensuing Annual General Meeting.

SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES

The Company does not have any subsidiary, associate or joint venture within the meaning of the Companies Act, 2013.

Accordingly, the requirement to prepare Consolidated Financial Statements under the provisions of the Companies Act, 2013 does not arise.

INVESTOR EDUCATION AND PROTECTION FUND (IEPF)

During the financial year under review, there was no amount required to be transferred to the Investor Education and Protection Fund in accordance with the provisions of Section 125 of the Companies Act, 2013.

MANAGEMENT DISCUSSION AND ANALYSIS

Pursuant to Regulation 34(2)(e) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Management Discussion and Analysis Report forms Annexure I to this Report and forms an integral part hereof.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

As on 31st March, 2026, the Board of Directors comprised the following Directors:

- Mr. Roop Chand Betala Managing Director

- Mrs. Purvi Amit Thapar Independent Director

- Mr. Manoj Cherian Samuel Independent Director

- Mr. Vikul Chander Independent Director

During the financial year under review, there was no change in the composition of the Board of Directors.

Subsequent to the close of the financial year, Ms. Seema Birla resigned from the office of Company Secretary & Compliance Officer of the Company with effect from 31^st July 2026. The Board places on record its sincere appreciation for the valuable services rendered by her during her tenure.

Further, Ms. Kinjal Nirmal Vyas was appointed as the Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company with effect from 1^st August 2026, in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board places on record its sincere appreciation for the valuable services rendered by Ms. Seema Birla during her tenure as the Company Secretary & Compliance Officer and extends a warm welcome to Ms. Kinjal Nirmal Vyas on her appointment. The Board looks forward to her valuable contribution towards strengthening the Companys compliance framework and corporate governance practices.

RE-APPOINTMENT OF INDEPENDENT DIRECTOR

The first term of office of Mrs. Purvi Amit Thapar (DIN: 08808563) as an Independent Director concluded on 31st March, 2026.

Based on the recommendation of the Nomination and Remuneration Committee and considering her integrity, qualifications, expertise, experience and valuable contribution to the deliberations of the Board, the Board of Directors, at its Meeting held on 1^st April, 2026, approved her reappointment for a second consecutive term of five (5) years commencing from 1st April, 2026 up to 31st March, 2031, subject to the approval of the Members by way of a Special Resolution at the ensuing Annual General Meeting.

The Board is of the opinion that Mrs. Purvi Amit Thapar fulfils the conditions specified under the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for her re-appointment as an Independent Director and that she continues to be independent of the Management.

DECLARATION BY INDEPENDENT DIRECTORS

The Company has received declarations from all the Independent Directors confirming that they meet the criteria of independence as prescribed under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Independent Directors have also confirmed compliance with the provisions of Section 150 of the Companies Act, 2013, wherever applicable, and have affirmed compliance with the Code for Independent Directors prescribed under Schedule IV to the Companies Act, 2013. In the opinion of the Board, all the Independent Directors possess the requisite integrity, expertise and experience, including proficiency, required to effectively discharge their duties.

BOARD OF DIRECTORS AND COMMITTEES

Although the provisions relating to Corporate Governance under Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are not applicable to the Company, the Board believes in maintaining high standards of corporate governance and transparency. Accordingly, the Board has constituted the Committees prescribed under the Companies Act, 2013 and continues to follow sound governance practices.

Board of Directors

As on 31^st March, 2026, the Board of Directors comprised four (4) Directors, one Chief Financial Officer and one Company Secretary.

The composition of the Board as on 31st March, 2026 was as under:

Name of Director	Category
Mr. Roop Chand Betala	Managing Director
Mrs. Purvi Amit Thapar	Independent Director
Mr. Manoj Cherian Samuel	Independent Director
Mr. Vikul Chander	Independent Director

During the Financial Year 2025-26, Five (5) Meetings of the Board of Directors were held on:

- 20th May, 2025

- 17th June, 2025

- 17th July, 2025

- 28th October, 2025

- 21st January, 2026

The intervening gap between any two consecutive Board Meetings did not exceed one hundred and twenty days, as prescribed under the Companies Act, 2013 and Secretarial Standard-1 on Meetings of the Board of Directors.

The attendance of the Directors at the Board Meetings is given below:

Name of Director	Board Meetings Held	Board Meetings Attended
Mr. Roop Chand Betala	5	5
Mrs. Purvi Amit Thapar	5	5
Mr. Manoj Cherian Samuel	5	5
Mr. Vikul Chander	5	5

The details of attendance of the Directors at the Thirty First (31st) Annual General Meeting of the Company are given below:

Name	AGM Attended
Roop Chand Betala	Yes
Purvi Amit Thapar	Yes
Manoj Cherian Samuel	Yes
Vikul Chander	Yes

The Board has reviewed the declarations and confirmations received from the Directors and is satisfied that none of the Directors is disqualified from being appointed or continuing as a Director under the provisions of the Companies Act, 2013.

AUDIT COMMITTEE

The Audit Committee has been constituted in accordance with the provisions of Section 177 of the Companies Act, 2013.

The Committee assists the Board in overseeing the integrity of the Companys financial statements, internal financial controls, audit process, statutory compliance, risk management framework and other matters entrusted to it by the Board.

During the Financial Year 2025-26, Five (5) meetings of the Audit Committee were held on:

- 20th May, 2025

- 17th June, 2025

- 17th July, 2025

- 28th October, 2025

- 21st January, 2026

The composition of the Audit Committee and attendance of its Members are as follows:

Name of Member	Category	Position	Meetings Held	Meetings Attended
Mr. Vikul Chander	Independent Director	Chairman	5	5
Mr. Manoj Cherian Samuel	Independent Director	Member	5	5
Mr. Roop Chand Betala	Managing Director	Member	5	5

All recommendations made by the Audit Committee during the financial year were accepted by the Board.

NOMINATION AND REMUNERATION COMMITTEE

The Nomination and Remuneration Committee has been constituted pursuant to the provisions of Section 178 of the Companies Act, 2013.

The Committee is responsible for identifying persons qualified to become Directors and Key Managerial Personnel, recommending their appointment and remuneration, formulating the criteria for determining qualifications, positive attributes and independence of Directors and carrying out the annual performance evaluation of the Board, its Committees and individual Directors. During the financial year, the Committee also considered and recommended the reappointment of Mrs. Purvi Amit Thapar as an Independent Director of the Company for a second consecutive term of five years commencing from 1st April, 2026, subject to the approval of the Members.

During the Financial Year 2025-26, One (1) meeting of the Committee was held on: 20^th May, 2025

The composition of the Committee and attendance of its Members are as follows:

Name of Member	Category	Position	Meetings Held	Meetings Attended
Mr. Vikul Chander	Independent Director	Chairman	1	1
Mr. Manoj Cherian Samuel	Independent Director	Member	1	1
Mrs. Purvi Amit Thapar	Independent Director	Member	1	1

The Nomination and Remuneration Policy formulated by the Company is available on the website of the Company.

PERFORMANCE EVALUATION

Pursuant to the provisions of the Companies Act, 2013, the Board has carried out an annual evaluation of its own performance, the performance of the Board Committees and individual Directors.

The evaluation was carried out having regard to various parameters including the composition of the Board, effectiveness of deliberations, strategic guidance, governance practices, participation in meetings, professional expertise, integrity, independence and contribution towards the growth of the Company.

The Independent Directors also reviewed the performance of the Non-Independent Directors, the Chairman and the Board as a whole at their separate meeting.

The Board is satisfied with the performance of the Board, its Committees and individual Directors.

STAKEHOLDERS RELATIONSHIP COMMITTEE

The Stakeholders Relationship Committee has been constituted pursuant to the provisions of Section 178 of the Companies Act, 2013.

The Committee oversees transfer and transmission of securities, issue of duplicate share certificates, dematerialisation and rematerialisation of securities, redressal of investor grievances, monitoring of investor services rendered by the Registrar and Share Transfer Agent and such other matters relating to shareholders and investors.

During the Financial Year 2025-26, Five (5) meetings of the Committee were held on:

- 20th May, 2025

- 17th June, 2025

- 17th July, 2025

- 28th October, 2025

- 21st January, 2026

The composition of the Committee and attendance of its Members are as follows:

Name of Member	Category	Position	Meetings Held	Meetings Attended
Mr. Vikul Chander	Independent Director	Chairman	5	5
Mr. Manoj Cherian Samuel	Independent Director	Member	5	5
Mr. Roop Chand Betala	Managing Director	Member	5	5

During the financial year under review, no investor complaints were received, resolved or remained pending as on 31st March, 2026.

SEPARATE MEETING OF INDEPENDENT DIRECTORS

Pursuant to Schedule IV of the Companies Act, 2013, a separate meeting of the Independent Directors was held on 20^th May, 2025, without the attendance of the Managing Director and members of the management.

The Independent Directors reviewed:

- the performance of the Non-Independent Directors and the Board as a whole; - the performance of the Chairperson of the Company; and

- the quality, quantity and timeliness of the flow of information between the management and the Board.

The Independent Directors expressed satisfaction with the performance of the Board, its

COMPLIANCE WITH SECRETARIAL STANDARDS

The Company has complied with the applicable provisions of Secretarial Standard-1 (Meetings of the Board of Directors) and Secretarial Standard-2 (General Meetings) issued by the Institute of Company Secretaries of India and approved by the Central Government.

Corporate Governance

Pursuant to Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions relating to Corporate Governance specified under Regulations 17 to 27 and clauses (b) to (i) and (t) of Regulation 46(2) and Paras C, D and E of Schedule V are not applicable to the Company, as the Companys paid-up equity share capital and net worth were below the prescribed thresholds as on the last day of the previous financial year.

Accordingly, a separate Report on Corporate Governance is not required to be annexed to this Annual Report.

FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS

The Company believes that an effective Familiarisation Programme enables the Independent Directors to understand the Companys business, industry dynamics, regulatory environment and their roles, rights and responsibilities as Directors.

The Independent Directors are periodically updated on changes in the legal and regulatory framework, business operations, financial performance, risk management practices and significant developments affecting the Company through presentations, Board discussions and periodic updates. This enables them to effectively contribute to the deliberations of the Board and discharge their responsibilities efficiently.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013, your Directors confirm that:

(a) in the preparation of the annual financial statements, the applicable Indian Accounting Standards and other applicable accounting standards have been followed and there are no material departures; (b) appropriate accounting policies have been selected and applied consistently, and judgments and estimates have been made that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at 31st March, 2026 and of the loss of the Company for the financial year ended on that date; (c) proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; (d) the annual financial statements have been prepared on a going concern basis; (e) the Directors have laid down internal financial controls to be followed by the Company and such internal financial controls are adequate and were operating effectively; and applicable laws and such systems were adequate and operating effectively.

STATUTORY AUDITORS

M/s. CRBS & Associates LLP, Chartered Accountants (Firm Registration No. 002957S), continue as the Statutory Auditors of the Company and hold office in accordance with the provisions of Section 139 of the Companies Act, 2013.

The Statutory Auditors have audited the Standalone Financial Statements of the Company for the financial year ended 31st March, 2026.

The Statutory Auditors Report on the Standalone Financial Statements forms part of this Annual Report.

The Statutory Auditors have issued an unmodified opinion on the Standalone Financial Statements of the Company for the financial year ended 31st March, 2026. The Auditors have included an Emphasis of Matter regarding the Companys ability to continue as a going concern and have also made certain observations in Annexure A to their Report.

The Boards comments on the observations are as under:

Auditors Observation	Boards Reply
Emphasis of Matter Going Concern	The Board has carefully considered the observation of the Statutory Auditors regarding the Companys ability to continue as a going concern. The Company did not generate business income during the financial year under review. However, the Company has continued its efforts towards recommencing and expanding its business activities and continues to actively pursue opportunities in the areas of investment activities, granting of loans and allied financial services in accordance with its objects and applicable laws. Further, the Company has undertaken significant measures towards strengthening its regulatory and compliance framework and has substantially complied with the requirements communicated by BSE Limited in connection with its application for revocation of suspension of trading in its equity shares. The said application is presently under consideration by BSE Limited and the outcome thereof remains subject to the decision of BSE Limited and compliance with applicable regulatory requirements. The management has also formulated plans for future business operations and continues to evaluate and pursue suitable business opportunities. The Board is of the view that these measures and the Companys ongoing business initiatives provide a basis for continuing operations. Accordingly, the financial statements have been prepared on a going concern basis, which the Board considers appropriate in the circumstances. The Board acknowledges the uncertainty referred to by the Statutory Auditors and will continue to monitor the Companys financial position, business operations and regulatory developments.
Accounting software with Audit Trail	The Board has taken note of the observation regarding the maintenance of books of account using accounting software having an audit trail (edit log) feature as required under Rule 3(1) of the Companies (Accounts) Rules, 2014. Necessary steps have already been initiated to implement compliant accounting software, and the Company shall ensure compliance with the applicable provisions going forward.

SECRETARIAL AUDITORS

Pursuant to the provisions of Section 204 of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, based on the recommendation of the Audit Committee, has appointed M/s. Priya Shah & Associates, Practising Company Secretaries (Firm Registration No. S2019MH668500), a Peer Reviewed Firm, as the Secretarial Auditors of the Company for a period of five consecutive years commencing from 1st April, 2025 to 31st March, 2030, subject to the approval of the Members at the ensuing Annual General Meeting.

The Secretarial Audit Report for the financial year ended 31st March, 2026 forms part of this Annual Report as Annexure 3.

The observations made by the Secretarial Auditor, wherever applicable, together with the Boards comments thereon are provided below:

Secretarial Auditors	Boards Reply
Observation
Non-appointment of Internal Auditor	The Board has taken note of the observation and has initiated the process for appointment of an Internal Auditor in accordance with Section 138 of the Companies Act, 2013.
Independent Director Databank	The Independent Directors has been advised to renew the registration in the Independent Directors Databank and the same shall be completed shortly.
Non-payment of Listing Fees	The Board has taken note of the observation. The Company has already initiated necessary steps for payment of the outstanding Annual Listing Fees payable to BSE Limited. The Management is committed to regularising the same at the earliest and ensuring timely payment of the Annual Listing Fees in future.
Regularisation of Ms. Purvi Amit Thapar	The Board has taken note of the observation. The proposal for re- appointment of Mrs. Purvi Amit Thapar (DIN: 08808563) as an Independent Director for a second consecutive term of five (5) consecutive years commencing from 1st April, 2026 has been included in the Notice convening the 32nd Annual General Meeting of the Company for the approval of the Members. Upon approval by the Members, the Company shall complete all consequential statutory filings, including filing of e-Form DIR-12, within the prescribed timelines.
Structured Digital Database	The Company has initiated the process of implementing a Structured Digital Database software and shall ensure compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Section 186	The Board has taken note of the observation. The matter pertains to transactions of an earlier period. The Company shall ensure compliance with the provisions of Section 186 of the Companies Act, 2013, including obtaining prior approvals, wherever applicable, for all future transactions.
Regulation 46 & 47	Necessary steps have already been initiated for updating the website and ensuring compliance with Regulations 46 and 47 of the SEBI (LODR) Regulations, 2015.

The Board is committed to ensuring full compliance with the applicable provisions of the Companies Act, 2013, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws.

INTERNAL AUDITOR

The appointment of an Internal Auditor is applicable to the Company in terms of Section 138 of the Companies Act, 2013 read with the Companies (Accounts) Rules, 2014.

The Company could not appoint an Internal Auditor during the financial year. The Board has taken note of the observation made by the Secretarial Auditor and shall ensure compliance with the provisions of Section 138 of the Companies Act, 2013.

COST RECORDS AND COST AUDIT

The maintenance of cost records as specified under Section 148(1) of the Companies Act, 2013 is not applicable to the Company considering the nature of its business activities.

Accordingly, the requirement for appointment of a Cost Auditor does not arise.

INTERNAL FINANCIAL CONTROLS

The Company has in place adequate internal financial controls commensurate with the size, nature and complexity of its business. The internal control framework is designed to ensure the orderly and efficient conduct of business, safeguarding of assets, prevention and detection of frauds and errors, accuracy and completeness of accounting records and timely preparation of reliable financial information.

The Board periodically reviews the adequacy and effectiveness of the internal financial controls and is satisfied that the internal financial controls were adequate and operating effectively during the financial year under review.

RISK MANAGEMENT

The Company has established appropriate processes for identification, assessment, monitoring and mitigation of various business risks.

The Board periodically reviews the Companys risk management framework to identify, evaluate and mitigate strategic, operational, financial, legal and regulatory risks. The Directors are satisfied that appropriate systems have been established for effective risk management and internal control.

VIGIL MECHANISM / WHISTLE BLOWER POLICY

Pursuant to the provisions of Section 177 of the Companies Act, 2013, the Company has established a Vigil Mechanism / Whistle Blower Policy for Directors and employees to report genuine concerns regarding unethical behaviour, actual or suspected fraud or violation of the Companys Code of Conduct.

The Policy provides adequate safeguards against victimisation of persons who use the mechanism. During the financial year under review, no complaint was received under the Vigil Mechanism.

POLICY ON APPOINTMENT OF DIRECTORS AND REMUNERATION

The Company has adopted a Nomination and Remuneration Policy in accordance with Section 178 of the Companies Act, 2013.

The Policy lays down the criteria for appointment of Directors, Key Managerial Personnel and Senior Management Personnel and also provides for remuneration based on qualifications, experience, performance, integrity and other applicable criteria.

The Policy is reviewed periodically by the Nomination and Remuneration Committee and is available on the website of the Company.

PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS

Particulars of loans, guarantees and investments covered under Section 186 of the Companies Act, 2013 form part of the Notes to the Standalone Financial Statements forming part of this Annual Report.

RELATED PARTY TRANSACTIONS

All Related Party Transactions entered into during the financial year under review were in the ordinary course of business and on an arms length basis and were in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

There were no material Related Party Transactions entered into during the financial year requiring approval of the Members under the Companies Act, 2013 or the SEBI Listing Regulations.

Accordingly, the disclosure in Form AOC-2 prescribed under Section 134(3)(h) of the Companies Act, 2013 read with Rule 8(2) of the Companies (Accounts) Rules, 2014 is not applicable to the Company.

The Policy on Related Party Transactions is available on the website of the Company at www.betala.net.

PARTICULARS OF EMPLOYEES AND REMUNERATION

The information required pursuant to Section 197(12) of the Companies Act, 2013 read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 forms Annexure 2 to this Report.

None of the employees of the Company was in receipt of remuneration in excess of the limits prescribed under Rule 5(2) and Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

CORPORATE SOCIAL RESPONSIBILITY

The provisions of Section 135 of the Companies Act, 2013 relating to Corporate Social Responsibility were not applicable to the Company during the financial year under review. Accordingly, the Company was not required to constitute a Corporate Social Responsibility Committee or formulate a CSR Policy.

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

The Company has in place an appropriate policy for prevention, prohibition and redressal of sexual harassment at the workplace in accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. The Company has constituted an Internal Committee in compliance with the provisions of the said Act.

During the financial year under review:

- Number of complaints received: Nil

- Number of complaints disposed of: Nil

- Number of complaints pending as on 31st March, 2026: Nil

BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT

The requirement relating to submission of the Business Responsibility and Sustainability Report (BRSR) under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 was not applicable to the Company during the financial year under review.

SIGNIFICANT AND MATERIAL ORDERS

During the financial year under review, no significant or material orders were passed by any Regulator, Court or Tribunal which would impact the going concern status of the Company or its future operations.

FRAUD REPORTING

During the financial year under review, no fraud has been reported by the Statutory Auditors under Section 143(12) of the Companies Act, 2013.

SECRETARIAL STANDARDS

The Company has complied with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India relating to Meetings of the Board of Directors and General Meetings.

MAINTENANCE OF COST RECORDS

The maintenance of cost records as specified under Section 148(1) of the Companies Act, 2013 is not applicable to the Company considering the nature of its business.

INSOLVENCY AND BANKRUPTCY CODE, 2016

During the financial year under review, no application was made or any proceeding was pending against the Company under the Insolvency and Bankruptcy Code, 2016.

ONE-TIME SETTLEMENT

During the financial year under review, the Company did not enter into any one-time settlement with any Bank or Financial Institution. Accordingly, disclosure under Rule 8(5)(xii) of the Companies (Accounts) Rules, 2014 is not applicable.

ACKNOWLEDGEMENT

Your Directors place on record their sincere appreciation for the continued support and confidence reposed by the Members, customers, bankers, financial institutions, business associates, regulatory authorities, BSE Limited and various Government authorities. The Directors also acknowledge the dedication, commitment and valuable contribution made by the employees of the Company during the financial year and look forward to their continued support in the years ahead.