BLT Logistics Ltd Directors Report

To

The Members,

The Board of Directors takes pleasure in presenting Annual Report on the business and operations of BLT Logistics Limited (Formerly Known as BLT Logistics Limited) (hereinafter the Company or BLT) along with the Companys Annual Audited Standalone and Consolidated Financial Statements and Statutory Auditors Report thereon for the Financial Year ended on March 31, 2026. This report is an integral part of the Financial Statement of the company and prepared in compliance of Section 134(3) of the Companies Act, 2013 (the act) and rules made thereunder.

1. FINANCIAL HIGHLIGHT, COMPANYS AFFAIRS AND FUTURE OUTLOOK Companys performance

BLTs financial highlights, for the financial year under review along with previous years figures, are given hereunder:

(Amount in hundreds, unless otherwise stated)

Particulars	Consolidated		Standalone
	Year ended 31.03.2026	Year ended 31.03.2025	Year ended 31.03.2026	Year ended 31.03.2025
Revenue from operations	56,22,132.12	49,16,907.88	54,69,942.04	47,92,482.41
Other Income	34,015.73	26,405.14	35,655.73	26,315.14
Total Income	56,56,147.85	49,43,313.02	55,05,597.78	48,18,797.55
Total Expenses	51,52,987.52	44,16,374.88	50,92,163.56	44,08,535.24
Profit Before Tax	5,03,160.34	5,26,938.13	4,13,434.21	4,10,262.31
Less: Current Tax	1,10,016.63	1,48,066.38	95,233.38	1,14,068.66
Deferred Tax/ Income	6,749.38	(14,354.24)	5,473.32	(9,734.24)
Previous Year Tax	2,443.37	8,838.73	3,910.54	5,063.34
Profit (Loss) after Tax	3,83,950.97	3,84,387.27	3,08,816.98	3,00,864.54
Minority\u2019s Share in Profit	0.38	0.84	-	-
Profit after Tax and Minority Share	3,83,950.59	3,84,386.43	3,08,816.98	3,00,864.54

The Companys total revenue on a standalone basis has increased from Rs. 479.24 lacs in the previous year to Rs. 547.09 lacs in the current year. The total revenue came from Domestic Transport Operations.

Dividend

No dividend was declared for the financial year ended on 31st March, 2026.

Transfer to reserves

The Directors do not propose to transfer any amount to reserves. The amount of the Net Profit of Rs. 308.81 lacs carried to the Reserves and Surplus as shown in notes to the financial statements for the year ended on March 31, 2026.

State of companys affairs and future outlook

About BLT:

BLT Logistics Ltd, established in 2011, is a player in the Indian logistics industry. The company has its headquarters located in the vibrant city of New Delhi, strategically positioned to efficiently serve a diverse range of clients. With a pan-India operational network, BLT has firmly established its presence and influence in the logistics sector.

One of the core strengths of BLT is its current fleet, boasting an impressive 88 containerized vehicles. This extensive fleet empowers the company to offer a wide array of logistics solutions, ensuring the seamless movement of goods across the country.

Market Outlook:

The road map for coming years includes new understanding of customer value and increase of supply chain services. The performance of the Company has been very stable and Growth indicators like Revenue, Net Profit, EBITDA showing upward trends in comparison to previous financial year. A positive trend has been seen in the revenue and net profit of the company.

Business Outlook:

The main revenue stream of the Company is Transport Operations. The Company increases the goods transportation network across India through aggressively penetrating in the domestic markets by expanding transportation network to enhance visibility.

Future Outlook:

The Company aim to be a leading force in road transport and logistics services, serving core industries with high-quality service and innovative solutions, while promoting sustainability and ethical business conduct.

Change in the nature of business

Your directors are optimistic about BLTs business and hopeful of better performance with increased revenue in next year. There was no change in the nature of business of the Company during the financial year 2025-26.

2. SHARE CAPITAL

The Authorized Equity Share Capital of the Company as on 31st March, 2026 is Rs. 8,00,00,000/- divided into 80,00,000 Equity Shares of Rs.10/- each.

The Paid-up Share Capital of the Company as on 31st March, 2026 is 4,79,60,000/- divided into 47,96,000 Equity Shares of 10/- each.

The company has not issued any Employees Stock options/ Sweat Equity Shares and not redeemed any Preference Shares or Debentures during the Year under review. Also, the Company has not bought back any of its securities during the year under review. The company has not issued any Equity shares with differential rights during the year under review.

Issue of Shares- Initial Public Offering of the company (IPO)

During the period of the financial year to which the financial statement related, BLT has successfully completed its maiden IPO. The Board of Directors of the Company, at their meeting held on August 7, 2025, approved the allotment of 12,96,000 equity shares of face value ?10/- each. These shares were issued pursuant to the IPO. The allotment was made to all applicants for the 12,96,000 equity shares, bearing distinctive numbers from 3500001 to 4796000 (both inclusive), in dematerialized form. The shares were issued at a price of ?75/- per equity share, which includes a share premium of ?65/- per share

Details of the IPO:

The IPO of the company was comprised of a fresh issue of up to 12,96,000 Equity shares. There was no offer for sale in this IPO, which is a 100% book-built issue.

• The IPO bidding started from Aug 4, 2025 and ended on Aug 6, 2025. The anchor portion of the IPO opens for bidding on August 1,2025.The allotment was finalized on Aug 7, 2025.

• The company IPO price band was set at ?75.00 per share. The lot size for an application was 1,600. The minimum amount of investment required by an individual investor (retail) was ?2,27,200.00 (3,200 shares). The minimum lot size investment for HNI was 3 lots (4,800 shares), amounting to ?3,60,000.

• Beeline Capital Advisors Pvt Ltd. was the book running lead manager and Skyline Financial Services Pvt Ltd is the registrar of the issue.

• The IPO was subscribed 467.79 times on August 6, 2025. The public issue subscribed 521.36 times in the individual investors category, 65.44 times in the QIB category, and 876.73 times in the NII category.

• The shares got listed on BSE SME on Aug 11, 2025.The IPO received overwhelming demand, the company made a strong debut on August 11 on the BSE SME platform and listed at ?90.95 at a healthy premium of 21% over the issue price of ?75.

Further, Pursuant to Regulation 32 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, there was no deviation/variation in the utilization of proceeds as mentioned in the objects stated in the Prospectus in respect of the IPO of the Company.

3. MANAGEMENT

Board of Directors and Key Managerial Personnel

The Composition of the Board of Directors of the Company and KMP as on 31.03.2026 are as follows:

S. No	Name	Designation
1.	Mr. Krishan Kumar	Chairman & Managing Director
2.	Mr. Rakesh Kumar	Whole Time Director
3.	Ms. Rajni Sharma	Independent Director
4.	Mr. Naveen Kumar Gupta	Independent Director
5.	*Vivek Kumar	CFO
6.	Muskan Gupta	Company Secretary and Compliance Officer

During the Financial Year 2025-26, there were some changes in the composition of the Key Managerial Personnel of the Company.

Mrs. Rama Kanojia has resigned from the position of Company Secretary & Compliance Officer of the company with effect from 15 th October, 2025. Ms. Muskan Gupta has been appointed as Company Secretary & Compliance Officer of the company during the year.

*Mr. Vivek Kumar has resigned from the position of Chief Financial Officer of the Company with effect from 20 th August, 2026.

No any other change has been reported in the Key Managerial Personnel from the end of Financial Year till the date of this Report.

Retirement by Rotation at the ensuing AGM:

Mr. Krishan Kumar has been liable to be retired by rotation at the ensuing AGM and being eligible, offers himself for re-appointment. Resolution seeking members approval to the re-appointment Mr. Krishan Kumar has been incorporated in the notice convening the 15 th AGM of the Company. The Board taken the note of the same and recommend his re-appointment.

Disclosure of Interest in other concerns:

The Company has received the annual disclosure(s) from all the directors, disclosing their Directorship/Interest in other concerns in the prescribed format, for the Financial Years 2025-26. The Company has received confirmation from all the directors that none of the Directors were disqualified to act as a director by virtue of the provisions of Section 164(1) and 164(2) of the act.

Independent Directors

Declaration from Independent directors

The Company has received declarations from all the Independent Directors of the Company confirming that they meet the criteria of independence prescribed under sub-section (6) of Section 149 of the act.

In the opinion of the Board, Mr. Naveen Kumar Gupta and Mrs. Rajni Sharma, Independent Directors of the Company possesses requisite expertise, proficiency, integrity and experience and the Board considers that their professional background, experience and contributions made during their tenure in the Company and the continued association with the Company would be beneficial to the Company.

Independent directors meeting

The Independent Directors met once without the attendance of Non-Independent Directors and members of the management. The Independent Directors reviewed the performance of NonIndependent Directors, the Committees and the Board as a whole along with the performance of the Chairman of the Company, taking into account the views of Executive Directors and NonExecutive Directors and assessed the quality, quantity and timeliness of flow of information between the management and the Board that is necessary for the Board to effectively and reasonably perform their duties.

Number of meetings of the Board

During the Financial Year 2025-26, the Board met 9 (Nine) on 07 th April, 2025, 28 th April, 2025, 07 th May, 2025, 14 th May, 2025, 17 th July, 2025, 07 th August, 2025, 5 th September, 2025, 12 th

November, 2025, 06 th February, 2026. Mr. Rakesh Kumar, Mr. Krishan Kumar, Ms. Rajni Sharma and Mr. Naveen Kumar Gupta has attended and participated all Board Meetings.

Statutory Committees of Board:

Audit Committee

The Board has constituted an Audit Committee in compliance with the provisions of Section 177 of the act. As on March 31, 2026, the Audit Committee comprised of 3 (three) members with 2 (two) Independent Directors. The Chairman of the Audit Committee is a Non-Executive Independent Director.

S. No	Name of the Directors	Designation	Nature of Directorship
1.	Ms. Rajni Sharma	Chairperson	Independent Director
2.	Mr. Naveen Kumar Gupta	Member	Independent Director
3.	Mr. Rakesh Kumar	Member	Whole Time Director

The Company Secretary and Compliance officer shall act as the secretary of the Audit Committee.

During the Financial Year under review, 4 (Four) meetings of the Audit Committee were held and the maximum interval between any two meetings was within the maximum allowed gap pursuant to the act. The details of the Audit Committee meetings held during 2025-26 are given as under:

S. No.	Name of Members	07 th May, 2025	05 th September, 2025	12 th November, 2025	06 th February, 2026
1.	Ms. Rajni Sharma
2.	Mr. Naveen Kumar Gupta
3.	Mr. Rakesh Kumar

Nomination and Remuneration Committee

The Board has constituted a Nomination and Remuneration Committee (hereinafter referred to as the NRC Committee) in compliance with the provisions of Section 178 of the act. As on March 31, 2026, the NRC Committee comprised of 3 (three) members with 2 (two) Independent Directors. The Chairman of the NRC Committee is a Non-Executive Independent Director.

S. No	Name of the Directors	Designation	Nature of Directorship
1.	Mr. Naveen Kumar Gupta	Chairperson	Independent Director
2.	Ms. Rajni Sharma	Member	Independent Director
3.	Mr. Krishan Kumar	Member	Chairman & Managing Director

During the Financial Year under review, 2 (Two) meetings of the NRC Committee was held. The details of its meetings held during the Financial Year 2025-26 are as under:

S. No.	Name of Members	07 th May, 2025	12 th November, 2025
1.	Mr. Naveen Kumar Gupta
2.	Ms. Rajni Sharma
3.	Mr. Krishan Kumar

Stakeholders Relationship Committee

The Board has constituted a Stakeholders Relationship Committee, (hereinafter referred to as the SRC Committee) in compliance with the provisions of Section 178 of the act. As on March 31, 2026, the SRC Committee comprised of 3 (three) members with 2 (two) Independent Directors. The Chairman of the NRC Committee is a Non-Executive Independent Director.

The constitution of the Stakeholders Relationship Committee is as follows:

S. No	Name of the Directors	Designation	Nature of Directorship
1.	Mr. Naveen Kumar Gupta	Chairperson	Independent Director
2.	Mrs. Rajni Sharma	Member	Independent Director
3.	Mr. Rakesh Kumar	Member	Whole Time Director

During the Financial Year under review, 1 (One) meetings of the SRC Committee was held. The details of its meetings held during the Financial Year 2025-26 are as under:

S. No.	Name of Members	07 th May, 2025
1.	Mr. Naveen Kumar Gupta
2.	Ms. Rajni Sharma
3.	Mr. Rakesh Kumar

Corporate Social Responsibility Committee

The provisions of Section 135 of the act read with Companies (Corporate Social Responsibility) Rules, 2014 were not applicable to the company during the year; however, the company does continue efforts for the betterment of the society and human kind and committed to empowering communities and creating sustainable livelihoods.

Others Management Mechanisms

Whistle Blower / Vigil Mechanism Policy

As Per Section 177(9) of the act the company has constituted the Whistle Blower/Vigil Mechanism Policy which aims to provide inter-alia a mechanism for Directors and Employees of the Company to report any violations of legal or regulatory requirements, incorrect or misrepresentation of any financial statements and reports, unethical behavior, violation of Code of Conduct, etc., calling the attention of the Audit Committee. Your Company has also provided adequate safeguards against victimization of whistleblowers who may express their concerns against such wrongdoings occurring in the organization. As per policy, the Company has also provided direct access to the Chairman of the Audit Committee.

Risk management

The Board is continually applying various risk identification methods for identifying elements of risks in different functional areas of the Company. The Board aims at developing a framework that enables activities to take place in a consistent and controlled manner. Major risks confronted by the management are systematically addressed through mitigating actions on a continuing basis.

Annual Performance Evaluation

The Nomination and Remuneration Committee and the Board has adopted a methodology for carrying out the performance evaluation of the Board, Committees, Independent Directors and NonIndependent Directors of the Company, which includes the criteria, manner and process for carrying out the performance evaluation exercise. Criteria in this respect includes; the Board composition and structure, effectiveness of board processes, information and functioning, 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. Evaluation of the Performances of the Board and its Committees for the Financial Year 2025-26 has been completed as per the adopted methodology.

Policy on directors appointment and remuneration

The broad terms of reference of the Nomination and Remuneration Committee of the Company are as under:

a. To identify suitable persons and recommend them as suitable candidates to fill up vacancies on the Board or augment the Board and Senior Management.

b. To lay down criteria for the evaluation of the Board including Independent Directors and carrying out evaluation of every Directors performance.

c. To formulate a criterion for determining qualifications, positive attributes and independence of a director and recommending to the Board, appointment, remuneration and removal of directors and senior management.

d. Ensuring remuneration paid to Directors, Key Managerial Personnel and Senior Management involves a balance between fixed and incentive pay reflecting short and long-term performance

objectives appropriate to the working of the Company and its goals.

e. Devising a policy on Board diversity.

f. To do such act as specifically prescribed by Board; and

g. Carry out such other activities as maybe prescribed by the Companies Act 2013, read with Rules and regulations as maybe specified by the regulator from time to time, including any modification or amendment thereto.

The Company has adopted a Nomination and Remuneration Policy as recommended by NRC Committee and the objective of Nomination and Remuneration Policy is to ensure rationale and objectivity in the appointment and remuneration of the Directors, Senior Management Personnel and employees of the Company. The Policy also provides bringing in a pragmatic methodology in screening of candidates who may be recommended to the position of Directors and to establish effective evaluation criteria to evaluate the performance of every Director.

The Policy also serves as a guiding principle to ensure good Corporate Governance as well as to provide sustainability to the Board of Directors of the Company. The remuneration paid to the Directors of the Company is in accordance with the provisions of the act and the Remuneration Policy adopted by the Company. The NRC evaluated the performance of the Board, its committees and of individual directors during the year.

4. DISCLOSURES

Particulars of employees

The information required under the provisions of Section 197(12) of the act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is attached as Annexure-IV for the financial year 2025-26. There were no Employees drawing remuneration more than as stated under Rule 5(2) and Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Material changes and commitment if any affecting the financial position between the end of the financial year and the date of the report

No material changes and commitments affecting the financial position of the Company occurred during the period from the end of the financial year to which the financial statement related till the date of this report except as mentioned in this report.

Disclosure under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

The Company has constituted an Internal Complaints Committee and has complied with the provisions in this respect as are applicable under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013. There was no complaint received from any employee during the year, nor any complaint pending or outstanding for redressal as on March 31, 2026. The Company conducts awareness programs at regular intervals, and provides necessary updates / guidance through its website and through other employee communication channels. The constitution of Internal Complaints Committee is as follow:

S. No	Name of the Directors	Designation	Nature of Directorship
1.	Ms. Rajni Sharma	Chairperson (Presiding Officer)	Independent Director
2.	Mr. Rakesh Kumar	Member	Whole-time Director
3.	Ms. Pooja Yadav	Member	Member (CFCA NGO)
4.	Rahul Chandel (resigned w.e.f. 08 th August, 2026	Member	Sr. Accountant

During the Financial Year under review, 2 (Two) meetings of the NRC Committee was held. The details of its meetings held during the Financial Year 2025-26 are as under:

S. No.	Name of Members	06 th September, 2025	23 rd December, 2025
1.	Ms. Rajni Sharma
2.	Mr. Rakesh Kumar
3.	Ms. Pooja Yadav
4.	Rahul Chandel

Maternity Benefit Compliance

The Company has complied with the provisions of the Maternity Benefit Act, 1961, as amended, and ensures that all eligible women employees are extended the benefits and protections mandated under the Act, including paid maternity leave and other entitlements. The Company also promotes a gender-inclusive workplace and is committed to supporting the health and wellbeing of women employees through appropriate workplace policies and practices.

Management Discussion and Analysis Report:

Management Discussion and Analysis Report for the year under review as required pursuant to the provisions of Schedule V of the SEBI Regulations forms part of this Annual Report.

Particulars of Loans, Guarantees or Investments

During the year, BLT and also has invested by acquiring 15% of equity shares of a newly incorporated company i.e., BLT Renewable Energy Private Limited .

The particulars of loan given, guarantees/securities provided, and investments made by the Company during the year under review according to the provisions of Section 186 of the Companies Act, 2013, are provided as Annexure-II which forms part of this Report.

Particulars of contracts or arrangements made with related parties

All contracts/arrangements/transactions entered by the Company during the Financial Year with related parties were in its ordinary course of business and on an arms length basis. During the year, the Company had not entered into any contract/arrangement/ transaction with related parties which could be considered as material or which is required to be reported in Form AOC-2 as Annexure-III in terms of Section 134(3)(h) read with Section 188 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014. There were no materially significant related party transactions which could have potential conflict with interest of the Company at large. Members may refer notes to the Standalone Financial Statement which sets out the related party disclosures.

Public deposits

The Company did not accept any deposit during the year under review. There were no

outstanding deposits within the meaning of Section 73 and 74 of the Companies Act, 2013 read with rules made thereunder at the end of Financial Year 2026 or the previous financial years.

Subsidiaries, Joint ventures and Associate companies

BLT have a Subsidiary company i.e., Sabarmati Express India Private Limited (CIN: U60230DL2020PTC365294) in which company holds 99.99% shareholding. During the year, BLT has incorporated newly wholly owned subsidiary company UAE based i.e., BLT International Logistics FZ-LLC .

Further, a statement containing the salient features of the financial statement of the subsidiary in the prescribed format AOC-1 is annexed as Annexure-I and forms part of the Boards report. The statement also provides the details of performance and financial positions of each of the subsidiaries.

Insolvency

The Company did not make any application under the Insolvency and Bankruptcy Code, 2016, and hence no proceeding is pending under the Code.

The requirement of stating the difference between the amount of valuation done at the time of one-time settlement and the valuation done while taking loan from the Banks or Financial Institutions does not arise, and the same is not applicable on the Company.

Material Orders Passed by Judicial Bodies / Regulators

During the year under review there has been no such significant and material orders passed by any regulators or courts or tribunals against the Company impacting the going concern status and Companys operations in future.

Transfer of unclaimed dividend to investor education and protection fund

The provisions of Section 125(2) of the act does not apply as the company did not have any funds lying unpaid or unclaimed for a period of seven years. Therefore, there were no funds which were required to be transferred to Investor Education and Protection Fund (IEPF)

Prevention of Insider Trading

The Company has adopted a code of conduct for prevention of insider trading with a view to regulate trading in securities by the Directors and designated employees of the Company. The Code requires pre-clearance for dealing in the Companys shares and prohibits the purchase or sale of Company shares by the Directors and the designated employees while in possession of unpublished price sensitive information in relation to the Company and during the period when the Trading Window is closed. The Board is responsible for implementation of the Code.

All Directors and the designated employees have confirmed compliance with the Code.

Internal financial controls and its adequacy with respect to the financial statement

Internal Financial Controls are an integrated part of the risk management process, addressing financial and financial reporting risks. The internal financial controls have been documented, digitized and embedded in the business processes. Assurance on the effectiveness of internal financial controls is obtained through management reviews, control, self- assessment, continuous

monitoring by functional experts as well as testing of the internal financial control systems by the internal financial control tea.

5. SECRETARIA L Annual Return

Pursuant to Section 134(3)(a) and Section 92(3) of the Act read with Companies (Management and Administration) Rules, 2014, the Annual Return of the Company in Form MGT-7 has been placed on the Companys website i.e., www.bltlogistics.com .

Secretarial Standards

Your company has complied with all the Secretarial Standards applicable on the Company.

6. AUDITORS AND AUDITORS REPORT Statutory Auditors

At the Companys 13th AGM held on September 30, 2024, M/s Jain Agarwal & Co., Chartered Accountants (FRN: 024866N), has been appointed as the statutory Auditor of the Company for a term of 5 years to hold office from the conclusion of the Financial Year 2024-25 until the conclusion of the Financial Year 2028-29.

The Notes on financial statement referred to in the Auditors Report are self-explanatory and do not call for any further comments. The Auditors Report does not contain any qualification, reservation, or adverse remark.

Reporting of Frauds by Auditors

During the year under review, under clause (c) of sub-section (3) of Section 134 of the act, the Statutory Auditors has not reported any instances of frauds committed in the Company by its Officers or Employees the details of which needs to be mentioned in this report under section 143 of the act.

Secretarial Auditors

The Company had appointed M/s. Neha R Associates, Practicing Company Secretary, as Secretarial Auditor for the financial year 2025-26 in accordance to the provisions of Section 204 of Companies Act, 2013 read with rules framed thereunder. The Secretarial Audit Report in the Form MR-3 issued by the Secretarial Auditor forms part of this Report as Annexure -V.

Cost Auditor

The maintenance of cost records as specified by the Central Government under sub-section (1) of Section 148 of the act, is not applicable on the Company.

Internal Auditor

For the Financial Year 2025-26, company did not appoint the Internal Auditor.

7. SOCIAL RESPONSIBILITY AND SUSTAINABILITY

Corporate Social Responsibility

The provisions of Section 135 of the act read with Companies (Corporate Social Responsibility) Rules, 2014 were not applicable to the Company during the financial year 2025-26; however, BLT does continue efforts for the betterment of the society and human kind and committed to empowering communities and creating sustainable livelihoods.

Conservation of energy, technology absorption, foreign exchange earnings and outgo

A. Conservation of Energy:

i) Steps taken or impact on conservation of energy: NA

ii) The steps taken by the Company for utilizing alternate sources of energy: NA

iii) Capital Investment on energy conservation equipments: NA

B. Technology Absorption:

a) Efforts made towards technology absorption: The Company does not need any specific inhouse R & D efforts.

b) The benefits derived include product improvement, cost reduction, product development or import substitution: Improved technology helps in reduction in cost without compromising the quality.

c) Information regarding imported technology (imported during last three years): NA

d) Expenditure on Research and Development (current year & last year): NIL

C. Foreign Exchange Earnings and Outgo:

The company does not have any foreign exchange earnings and the foreign exchange outgo during the financial year 2025-26.

Corporate Governance

The members may please note that the provisions relating to Corporate Governance i.e. Regulation 27 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are not applicable to the Company and accordingly, the Company is not required to submit the Corporate Governance Report with this Annual Report.

8. DIRECTORS RESPONSIBILITY STATEMENT

The Board of Directors acknowledges the responsibility for ensuring compliance with the provisions of Section 134(3) read with Section 134(5) of the act in the preparation of the annual accounts for the year ended 31 st March, 2026 and state that:

a) The preparation of the Annual Accounts for the Financial Year ended on 31 st March, 2026; the applicable accounting standards had been followed along with proper explanation relating to material departures;

b) The Directors had 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 at the end of the Financial Year and of the profit of the Company for that period;

c) The Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) The Directors had prepared the annual accounts on a going concern basis;

e) The directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

f) The Directors had laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively-Not applicable for Financial Year 2025-26.

9. ACKNOWLEDGEMENT

Your directors extend sincere gratitude to the customers, vendors, investors, bankers, business associates, consultants and various Government Authorities who have contributed to the continuous growth and performance of the Company. The success of your Company would be incomplete without the commendable efforts put in by the past and present employees of the Company. It is because of their hard work, persistence, solidarity, cooperation and support, the Company has been able to create a niche for itself.

For and on behalf of the Board of Directors of BLT LOGISTICS LIMITED

	Sd/-	Sd/-
Place: New Delhi	Rakesh Kumar	Krishan Kumar
	Whole Time Director	Managing Director
Date: 01/09/2026	DIN: 03588589	DIN: 03588595