Consecutive Commodities Limited Directors Report

To,
The Members,
Consecutive Commodities Limited
(Formerly Known as Consecutive Investments & Trading Company Limited)

Your directors present the 44th Boards Report on the Business and Operations of the Company along with the Audited Statement of Accounts for the Financial Year ended on 31st March, 2026.

1. FINANCIAL RESULT:

The financial performance of the Company for the Financial Year ended on 31st March, 2026 and for the previous financial year ended on 31st March, 2025 is given below:

(Rs. In Lakhs)

Particulars	2025-26	2024-25
Revenue from Operations	5,787.87	2,260.09
Other Income	21.34	117.33
Total Income	5,809.21	2,377.42
Total Expenses	5,480.85	2,145.57
Profit / Loss before Tax Expenses	328.36	231.85
Total Tax expense	58.04	8.73
Profit / Loss After Tax for the Period	270.32	223.13
Other Comprehensive Income	0.00	0.00
Profit For the Period	270.32	223.13
Earnings Per Share (EPS) - Basic	0.17	0.14
Earnings Per Share (EPS) - Diluted	0.17	0.14

2. OPERATIONS:

Total income of the company for the Financial Year 2025-26 is Rs. 5,809.21 Lakhs as compared to the total income of Rs. 2,377.42 Lakhs in the previous Financial Year. The Company has incurred Profit before tax for the Financial Year 2025-26 of Rs. 328.36 Lakhs as compared to the Profit before tax of Rs. 231.85 Lakhs in the previous Financial Year. Net Profit after Tax for the Financial Year 2025-26 is Rs. 270.32 Lakhs as against Net Profit after tax of Rs. 223.13 Lakhs in the previous Financial Year. The Directors are continuously looking for the new avenues for future growth of the Company and expect more growth in the future period.

3. CHANGE IN NATURE OF BUSINESS, IF ANY:

During the Financial Year 2025-26 there was no changes in nature of Business of the Company.

4. SHARE CAPITAL:

A. AUTHORISED SHARE CAPITAL:

The Company has increased it Authorised Share Capital from Rs. 16,50,00,000 (Rupees Sixteen Crores Fifty Lakhs Only) divided into 16,50,00,000 (Rupees Sixteen Crores Fifty Lakhs) equity shares of Rs. 1.00/- each to Rs. 66,00,00,000/- (Rupees Sixty-Six Crores Only) divided into 66,00,00,000 (Sixty-Six Crore) equity shares of Rs. 1.00/- (Rupee One Only) each and consequently alteration of Memorandum of Association of the Company which was approved by the members of the company in their Extraordinary General Meeting held on 22nd April, 2025.

The Authorised Share Capital of the company as on 31st March, 2026 is Rs. 66,00,00,000 (Rupees Sixty-Six Crores Only) divided into 66,00,00,000 (Sixty-Six Crores) Equity Shares of Rs. 1.00/- (Rupee One Only) each.

B. PAID-UP SHARE CAPITAL:

The Paid-up Share Capital of the Company as on 31st March, 2026 is Rs. 16,01,50,000 (Rupees Sixteen Crores One Lakh Fifty Thousand Only) divided into 16,01,50,000 (Sixteen Crores One Lakh Fifty Thousand) equity shares of Re. 1.00/- each.

After the end of year under review, The Board of Directors, at its meeting held on 5th August, 2026, allotted 48,04,50,000 (Forty-Eight Crores Four Lakhs Fifty Thousand) fully paid-up equity shares of face value of Re. 1.00/- each at an issue price of Re. 1.00/- per equity share (at par) on a Right issue basis. Consequently, the Paid-up Share Capital of the Company increased from Rs. 16,01,50,000 (Rupees Sixteen Crores One Lakh Fifty Thousand Only) divided into 16,01,50,000 (Sixteen Crores One Lakh Fifty Thousand) equity shares of Re. 1.00/- each to Rs. 64,06,00,000/- (Rupees Sixty-Four Crores Six Lakhs Only) divided into 64,06,00,000 (Sixty-Four Crores Six Lakhs) equity shares of Re. 1.00/- (Rupee One Only) each.

5. DIVIDEND:

To conserve the resources for future prospect and growth of the Company, your directors do not recommend any dividend for the Financial Year 2025-26 (Previous year - Nil).

6. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND:

Pursuant to Section 124 of the Companies Act, 2013, the amount of dividend remaining unpaid or unclaimed for a period of seven years shall be transferred to the Investor Education and Protection Fund ("IEPF"). During the year under review, there was no unpaid or unclaimed dividend in the "Unpaid Dividend Account" lying for a period of seven years from the date of transfer of such unpaid dividend to the said account. Therefore, there were no funds which were required to be transferred to Investor Education and Protection Fund.

7. TRANSFER TO OTHER EQUITY:

The Profit of the Company for the Financial Year ending on 31st March, 2026 is transferred to profit and loss account of the Company under Other Equity.

8. WEBLINK FOR ANNUAL REPORT:

Pursuant to Section 92(3) read with Section 134(3)(a) of the Act, the Annual Return as on March 31, 2026 is available on the Companys website www.consecutivecommodities.com.

9. SIGNIFICANT & MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS:

There are no significant material orders passed by the Regulators or Courts or Tribunal, which would impact the going concern status of the Company and its future operation.

10. MATERIAL CHANGES AND COMMITMENTS, IF ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY WHICH HAVE OCCURRED BETWEEN AND DURING THE END OF THE FINANCIAL YEAR TO WHICH THE FINANCIAL STATEMENTS RELATES AND TILL DATE OF THE REPORT:

Change in the Name of the Company:

The Board of Directors of the Company, at its meeting held on 29th August, 2025, considered and approved the proposal for change of the name of the Company from "Consecutive Investments & Trading Company Limited" to "Consecutive Commodities Limited", "Consecutive Global Commodities Limited", or such other name as may be made available and approved by the Ministry of Corporate Affairs or any other competent authority.

The proposed change in the name of the Company was subsequently approved by the members of the Company at their meeting held on 30th September, 2025.

Consequently, upon completion of the requisite statutory and regulatory formalities, the Company was issued a fresh Certificate of Incorporation by the Ministry of Corporate Affairs, reflecting the new name of the Company as "Consecutive Commodities Limited", with effect from 16th December, 2025.

Shifting of Registered Office of the Company from one state to another:

The Board of Directors of the Company, at its meeting held on 8th September, 2025, considered and approved the proposal for shifting the Registered Office of the Company from 23 Ganesh Chandra Avenue, 3rd Floor, Kolkata, West Bengal, India - 700 001 (in the State of West Bengal) to B-307 Synergy Tower, Opp. Commerce House, Nr. Vodafone Corporate Road, Jivraj Park, Ahmedabad, Gujarat, India - 380 051 (in the State of Gujarat).

The proposed shifting of the Registered Office of the Company from the State of West Bengal to the State of Gujarat was subsequently approved by the members of the Company at their meeting held on 30th September, 2025. The Company has made the necessary application for obtaining the requisite approval of the Central Government for shifting of its Registered Office from the State of West Bengal to the State of Gujarat, and the said approval is presently pending.

Change in Corporate Office of the Company:

The Board of Directors of the Company, at its meeting held on 23rd January, 2026, considered and approved to keep and maintain the books of accounts of the Company from B-307, Synergy Tower, Opp Commerce House, Near Vodaphone Corporate Road, Jivraj Park, Ahmedabad, Gujarat, India - 380 051 to B1-305, Westgate Business Bay, SG Highway, Ahmedabad - 380 015.

Change in Registered Office of the Company:

The Board of Directors of the Company, at its meeting held on 12th June, 2026, considered and approved to change the registered office of the company from 23, Ganesh Chandra Avenue, 3rd Floor, West Bengal - 700 001 to 16/1A, 6th Floor, FL-6G, Balaji Tower, Abdul Hamid Street, Kolkata - 700 069 i.e. within local limits of the city.

Allotment of equity shares on Right Basis:

After the end of year under review, The Board of Directors, at its meeting held on 5th August, 2026, allotted 48,04,50,000 (Forty-Eight Crores Four Lakhs Fifty Thousand) fully paid-up equity shares of face value of Re. 1.00/- each at an issue price of Re. 1.00/- per equity share (at par) on a Right issue basis. Consequently, the Paid-up Share Capital of the Company increased from Rs. 16,01,50,000 (Rupees Sixteen Crores One Lakh Fifty Thousand Only) divided into 16,01,50,000 (Sixteen Crores One Lakh Fifty Thousand) equity shares of Re. 1.00/- each to Rs. 64,06,00,000/- (Rupees Sixty-Four Crores Six Lakhs Only) divided into 64,06,00,000 (Sixty-Four Crores Six Lakhs) equity shares of Re. 1.00/- (Rupee One Only) each.

11. BOARD MEETINGS AND ATTENDANCE

The Directors of the Company met at regular intervals at least once in a quarter with the gap between two meetings not exceeding 120 days to take a view of the Companys policies and strategies apart from the Board Matters.

During the year under the review, the Board of Directors met 9 (Nine) times viz 29th May, 2025, 6th August, 2025, 14th August, 2025, 29th August, 2025, 8th September, 2025, 13th November, 2025, 23rd January, 2026, 14th February, 2026 and 25th March, 2026.

12. DIRECTORS RESPONSIBILITY STATEMENT

In accordance with the provisions of Section 134 (3)(c) and Section 134(5) of the Companies Act, 2013, to the best of their knowledge and belief the Board of Directors hereby submit that:

a. In the preparation of the Annual Accounts, for the year ended on 31st March, 2026 the applicable accounting standards have been followed and there is no material departure from the same,

2. The Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of Companies Act, 2013 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 laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively and

f. 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.

13. CORPORATE SOCIAL RESPONSIBILITY (CSR):

The provisions of section 135 of the Companies Act, 2013 is not applicable to your Company as the Company does not fall under the criteria limits mentioned in the said section of the Act.

Hence, the Company has not taken voluntary initiative towards any activity mentioned for Corporate Social Responsibility.

14. EXPLANATIONS / COMMENTS BY THE BOARD ON EVERY QUALIFICATION, RESERVATION OR ADVERSE REMARK OR DISCLAIMER MADE:

Auditors Report:

The statutory Auditor of the Company has included the following qualifications in their Audit Report for the Financial Year 2025-26:

According to the information and explanation given to us and based on our audit, the following material weakness has been identified in the operating effectiveness of the Companys internal financial controls over financial reporting as at 31st March, 2026:

The documentation in respect of specific policies and procedures and the IT Controls pertaining to internal financial controls over financial reporting are not adequate and needs to be further strengthened.

A "material weakness" is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Companys annual or interim financial statements will not be prevented or detected on a timely basis.

In our opinion, except for the possible effect of the material weakness described above on the achievement of the objectives of the control Criteria, the Company has maintained, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at March 31, 2026, based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.

We have considered the material weaknesses identified and reported above in determining the nature, timing and audit tests applied in our audit of the financial statements of the Company and these material weaknesses above does not affect our opinion on the financial statements of the Company.

1. The Company is in the process of identifying a suitably qualified and experienced professional for the internal audit function. Necessary steps are being taken to complete the appointment at the earliest and strengthen the internal control and compliance framework in accordance with the applicable provisions of the Companies Act, 2013.

ii. Secretarial Auditors Report:

The report of the Secretarial auditor has not made any adverse remark in their Audit Report except:

1. The Company had not submitted the Scrutinizers Report for the Extraordinary General Meeting held on 22nd April, 2025 to the stock exchange as per the provisions of Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 within the Stipulated time. The Company should ensure that compliance w.r.t. all the Applicable Provisions of Regulations 44(3) of the SEBI LODR Regulations are duly complied within stipulated time period in the future events.
2. The Company has not complied with the provisions of Regulation 47 of SEBI LODR Regulations with respect to Publication of Newspaper Advertisement and its intimation to the stock exchange within stipulated time for the Financial Results for the Quarter and Nine Months ended on 31st December, 2025. The Company should ensure that compliance w.r.t. the Regulation 47 of the SEBI LODR Regulations are duly complied in the future events.
3. It was observed that the Company has passed resolution for the appointment of Internal Auditor, however, Form MGT-14 pursuant to Section 117(3)(g) of the Companies Act, 2013, read with the applicable rules, has not been filed with the Registrar of Companies.

Reply:

1. The observation is noted. The requisite fine imposed by the Stock Exchange has been duly paid. Necessary measures have been put in place to ensure timely submission of the Scrutinizers Report and requisite intimations to the Stock Exchange and to ensure due compliance with the applicable regulatory requirements in future.
2. The Board clarifies that the newspaper advertisements for the mentioned matter were duly published. However, the copies were inadvertently misplaced. The Company is making efforts to retrieve the archived copies from the respective publication houses.
3. Necessary steps are being taken to complete the requisite filing of Form MGT-14 with the Registrar of Companies. Due care shall be exercised to ensure timely compliance with the applicable statutory filing requirements in future.

15. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE COMPANIES ACT-2013:

The details of loans, investment, guarantees and securities covered under the provisions of section 186 of the Companies Act, 2013 are provided in the financial statement.

16. PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES:

During the year under review, all the Related Party Transactions were entered at arms length basis and in the ordinary course of business and were in compliance with the applicable provisions of the Act and the Listing Regulations.

Pursuant to Section 188 of the Act read with rules made thereunder and Regulation 23 of the Listing Regulations, all Material Related Party Transactions ("material RPTs") require prior approval of the shareholders of the Company vide ordinary resolution.

The Company has formulated and adopted a policy on dealing with related party transactions, in line with Regulation 23 of the Listing Regulations, which is available on the website of the Company at www.consecutivecommodities.com

As a part of the mandate under the Listing Regulations and the terms of reference, the Audit Committee undertakes quarterly review of related party transactions entered by the Company with its related parties. Pursuant to Regulation 23 of Listing Regulations and Section 177 of the Act, the Audit Committee has granted omnibus approval in respect of transactions which are repetitive in nature, which may or may not be foreseen, not exceeding the limits specified thereunder. The transactions under the purview of omnibus approval are reviewed on quarterly basis by the Audit Committee. Pursuant to Regulation 23(9) of the Listing Regulations, your Company has filed the disclosures on Related Party Transactions in prescribed format with the Stock Exchanges.

17. INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The Company has in place adequate internal financial controls with reference to financial statement across the organization. The same is subject to review periodically by the internal audit cell for its effectiveness. During the financial year, such controls were tested and no reportable material weaknesses in the design or operations were observed. The Statutory Auditors of the Company also test the effectiveness of Internal Financial Controls in accordance with the requisite standards prescribed by ICAI. Their expressed opinion forms part of the Independent Auditors report.

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. We believe that these systems provide reasonable assurance that our internal financial controls are designed effectively and are operating as intended.

During the year, no reportable material weakness was observed.

18. RESERVES & SURPLUS:

(Rs. in Lakhs)

Sr. No. Particulars	Amount
1. Balance at the beginning of the year	137.57
2. Current Years Profit / (Loss)	270.32
Total	407.89

19. DISCLOSURES RELATING TO HOLDING / SUBSIDIARY / ASSOCIATE COMPANY AND JOINT VENTURES:

The Company does not have any Holding / Subsidiary/Associate Company and Joint Venture.

20. SECRETARIAL STANDARDS:

During the year under review, the Company has complied with the applicable Secretarial Standards issued by The Institute of Company Secretaries of India (ICSI). The Company has devised proper systems to ensure compliance with its provisions and is in compliance with the same.

21. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO:

The details of conservation of energy, technology absorption etc. as required to be given under section 134(3)(m) of the Companies Act 2013 read with the Companies (Accounts) Rules, 2014, is not given as the Company has not taken any major step to conserve the energy etc.

22. STATEMENT ON ANNUAL EVALUATION MADE BY THE BOARD OF DIRECTORS:

The Board evaluated the effectiveness of its functioning, that of the Committees and of individual Directors, pursuant to the provisions of the Act and SEBI Listing Regulations. The Board sought the feedback of Directors on various parameters including:

Degree of fulfillment of key responsibilities towards stakeholders (by way of monitoring corporate governance practices, participation in the long-term strategic planning, etc.); Structure, composition, and role clarity of the Board and Committees; Extent of co-ordination and cohesiveness between the Board and its Committees; Effectiveness of the deliberations and process management; Board / Committee culture and dynamics; and Quality of relationship between Board Members and the Management.

The above criteria are broadly based on the Guidance Note on Board Evaluation issued by the Securities and Exchange Board of India on January 5, 2017.

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

In a separate meeting of Independent Directors, performance of Non-Independent Directors, the Board as a whole, and the Chairman of the Company was evaluated, taking into account the views of Executive Directors and Non-Executive Directors.

The Nomination and Remuneration Committee reviewed the performance of the individual directors and the Board as a whole.

In the Board meeting that followed the meeting of the independent directors and the meeting of Nomination and Remuneration Committee, the performance of the Board, its committees, and individual directors was discussed.

The evaluation process endorsed the Board Members confidence in the ethical standards of the Company, the resilience of the Board and the Management in navigating the Company during challenging times, cohesiveness amongst the Board Members, constructive relationship between the Board and the Management, and the openness of the Management in sharing strategic information to enable Board Members to discharge their responsibilities and fiduciary duties.

The Board carried out an annual performance evaluation of its own performance and that of its committees and individual directors as per the formal mechanism for such evaluation adopted by the Board. The performance evaluation of all the Directors was carried out by the Nomination and Remuneration Committee.

The performance evaluation of the Chairman, the Non-Independent Directors and the Board as a whole was carried out by the Independent Directors. The exercise of performance evaluation was carried out through a structured evaluation process covering various aspects of the Board functioning such as composition of the Board & committees, experience & competencies, performance of specific duties & obligations, contribution at the meetings and otherwise, independent judgment, governance issues etc.

Pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Board has carried out the annual performance evaluation of the Directors individually as well as evaluation of the working of the Board by way of individual feedback from directors.

The evaluation frameworks were the following key areas:

a) For Non-Executive & Independent Directors:

Knowledge Professional Conduct Comply Secretarial Standard issued by ICSI Duties Role and functions

b) For Executive Directors:

Performance as leader Evaluating Business Opportunity and analysis of Risk Reward Scenarios Key set investment goal Professional conduct and integrity Sharing of information with Board. Adherence applicable government law

The Directors expressed their satisfaction with the evaluation process.

23. MANAGING THE RISKS OF FRAUD, CORRUPTION AND UNETHICAL BUSINESS PRACTICES:

A. VIGIL MECHANISM / WHISTLE BLOWER POLICY:

The Company has established vigil mechanism and framed whistle blower policy for Directors and employees to report concerns about unethical behavior, actual or suspected fraud or violation of Companys Code of Conduct or Ethics Policy.

B. BUSINESS CONDUCT POLICY:

The Company has framed "Business Conduct Policy". Every employee is required to review and sign the policy at the time of joining and an undertaking shall be given for adherence to the Policy. The objective of the Policy is to conduct the business in an honest, transparent and in an ethical manner. The policy provides for anti-bribery and avoidance of other corruption practices by the employees of the Company.

24. PARTICULARS OF EMPLOYEES:

The provisions of Rule 5(2) & (3) of the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014 are not applicable to the Company as none of the Employees of the Company has received remuneration above the limits specified in the Rule 5(2) & (3) of the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014 during the financial year 2025-26.

25. LOANS FROM DIRECTOR / RELATIVE OF DIRECTOR:

During the year under review, the Company has not entered into any materially significant related party transactions which may have potential conflict with the interest of the Company at large. Suitable disclosures as required are provided in AS-18 which is forming the part of the notes to financial statement.

26. MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

Management Discussion and Analysis Report as required under Regulation 34 and Schedule V of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 forms an integral part of this Report, and provides the Companys current working and future outlook as per Annexure - I.

27. DEPOSITS:

As per Section 73 of the Companies Act, 2013 the Company has neither accepted nor renewed any deposits during the financial year. Hence the Company has not defaulted in repayment of deposits or payment of interest during the financial year.

28. AUDITORS AND THEIR REPORTS:

A. STATUTORY AUDITOR:

M/s. S K Bhavsar & Co., Chartered Accountants, Ahmedabad, were appointed as the Statutory Auditors of the Company. The Auditors report for the Financial Year ended 31st March, 2026 has been issued with an unmodified opinion, by the Statutory Auditor.

B. SECRETARIAL AUDITOR:

The Board appointed M/s. Dhruvi Patel & Associates, Company Secretaries, Ahmedabad, (FRN: S2025GJ1018200) to conduct Secretarial Audit for the Financial Year 2025-26. The Secretarial Audit Report for the Financial Year ended 31st March, 2026 is annexed herewith marked as Annexure - II to this Report.

29. DECLARATION BY INDEPENDENT DIRECTORS:

Ms. Preeti, Ms. Deepa Garg and Ms. Reema Magotra Independent Directors of the Company have confirmed to the Board that they meet the criteria of Independence as specified under Section 149 (6) of the Companies Act, 2013 and they qualify to be Independent Directors. They have also confirmed that they meet the requirements of Independent Director as mentioned under Regulation 16 (1) (b) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The confirmations were noted by the Board.

30. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Directors and Key Managerial Personnel of the Company are summarized below:

Sr. No. Name	Designation	DIN /PAN
1. Mr. Jitendrakumar Leuva?	Managing Director	10865406
2. Mr. Vimal Koli?	Executive Director	10364390
3. Ms. Preeti	Non-Executive and Independent Director	09662113
4. Ms. Deepa Garg	Non-Executive and Independent Director	10740685
5. Ms. Promila Sharma?,?	Non-Executive and Independent Director	09735554
6. Mr. Dhruv Hedamba?	Executive Director	10869302
7. Ms. Reema Magotra4	Non-Executive and Independent Director	09804839
8. Ms. Shaifali Nehriya5	Company Secretary and Compliance Officer	*****5578
9. Mr. Vimal Koli?	Chief Financial Officer	*****4982

1. Mr. Vimal Koli, Mr. Jitendrakumar Leuva and Ms. Promila Sharma were regularized by the shareholders at their Meeting held on 22nd April, 2025.
2. Mr. Dhruv Hedamba was appointed as an Additional Executive Director of the Company w.e.f. 6th August, 2025 and resigned from the said office w.e.f. 4th September, 2025.
3. Ms. Promila Sharma was resigned from the position of Non-Executive and Independent Director of the Company w.e.f. 25th March, 2026.
4. Ms. Reema Magotra was appointed as an Additional Non-Executive and Independent Director of the company w.e.f. 25th March, 2026 and subsequently regularized by the shareholders at their meeting held on 21st June, 2026.
5. Ms. Shaifali Nehriya resigned from the position of Company Secretary and Compliance officer of the Company w.e.f. 18th August, 2026.

31. CORPORATE GOVERNANCE:

In terms of Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Corporate Governance Report and the Auditors Certificate regarding Compliance to Corporate Governance requirements forms part of this Annual Report as Annexure - III.

32. FORMAL ANNUAL EVALUATION PROCESS BY BOARD:

Pursuant to the provisions of the Companies Act, 2013 and Rules made thereunder, the Board has carried the evaluation of its own performance, performance of Individual Directors, Board Committees, including the Chairman of the Board on the basis of attendance, contribution towards development of the Business and various other criteria as recommended by the Nomination and Remuneration Committee of the Company. The evaluation of the working of the Board, its committees, experience and expertise, performance of specific duties and obligations etc. were carried out. The Directors expressed their satisfaction with the evaluation process and outcome.

In a separate meeting of Independent Directors, the performances of Executive and Non-Executive Directors were evaluated in terms of their contribution towards the growth and development of the Company. The achievements of the targeted goals and the achievements of the Expansion plans were too observed and evaluated, the outcome of which was satisfactory for all the Directors of the Company.

33. DISCLOSURES:

A. Audit Committee:

During the year under review, 5 (Five) meetings of members of the Audit committee as tabulated below, was held on 29th May, 2025, 14th August, 2025, 8th September, 2025, 13th November, 2025 and 14th February, 2026.

The attendance records of the members of the Committee are as follows:

Name	Status	No. of the Committee Meetings entitled	No. of the Committee Meetings attended
Ms. Deepa Garg	Chairperson	5	5
Ms. Promila Sharma?	Member	5	5
Mr. Jitendrakumar Leuva	Member	5	5
Ms. Reema Magotra?	Member	N.A.	N.A.

1. Ms. Promila Sharma resigned as a Member of Audit Committee w.e.f. 25th March, 2026.
2. Ms. Reema Magotra was appointed as a Member of Audit Committee w.e.f. 25th March, 2026.

B. Nomination and Remuneration Committee:

During the year under review, 2 (Two) meetings of the members of the Nomination and Remuneration committee, as tabulated below, was held on 6th August, 2025 and 25th March, 2026.

The attendance records of the members of the Committee are as follows:

Name	Status	No. of the Committee Meeting entitled	No. of Committee Meeting attended
Ms. Deepa Garg	Chairperson	2	2
Ms. Promila Sharma?	Member	2	2
Ms. Preeti	Member	2	2
Ms. Reema Magotra?	Member	N.A.	N.A.

1. Ms. Promila Sharma resigned as a Member of Nomination and Remuneration Committee w.e.f. 25th March, 2026.
2. Ms. Reema Magotra was appointed as a Member of Nomination and Remuneration Committee w.e.f. 25th March, 2026.

C. Stakeholders Relationship Committee:

During the year under review, 1 (One) meeting of members of Stakeholders Relationship committee as tabulated below, was held on 8th September, 2025.

The attendance records of the members of the Committee are as follows:

Name	Status	No. of the Committee Meeting entitled	No. of Committee Meeting attended
Ms. Deepa Garg	Chairperson	1	1
Ms. Promila Sharma?	Member	1	1

1. Ms. Promila Sharma resigned as a Member of Stakeholders Relationship Committee w.e.f. 25th March, 2026.
2. Ms. Reema Magotra was appointed as a Member of Stakeholders Relationship Committee w.e.f. 25th March, 2026.

D. Risk Management Committee:

During the year under review, 2 (Two) meetings of members of Risk Management committee as tabulated below, was held on 16th September, 2025 and 31st December, 2025.

The attendance records of the members of the Committee are as follows:

Name	Status	No. of the Committee Meeting entitled	No. of Committee Meeting attended
Ms. Deepa Garg	Chairperson	2	2
Ms. Promila Sharma?	Member	2	2
Ms. Preeti	Member	2	2
Ms. Reema Magotra?	Member	N.A.	N.A.

1. Ms. Promila Sharma resigned as a Member of Risk Management Committee w.e.f. 25th March, 2026.
2. Ms. Reema Magotra was appointed as a Member of Risk Management Committee w.e.f. 25th March, 2026.

34. DISCLOSURES UNDER SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION & REDRESSAL) ACT, 2013:

The Company has always been committed to provide a safe and conducive work environment to its employees. Your directors further state that during the year under review there were no cases filed pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 as confirmed by the Internal Complaints Committee as constituted by the Company.

The following no. of complaints was received under the POSH Act and the rules framed thereunder during the year:

a. number of complaints filed during the financial year - NIL
b. number of complaints disposed of during the financial year - NIL
c. number of complaints pending as on end of the financial year - NIL

35. INDUSTRIAL RELATIONS:

The Directors are pleased to report that the relations between the employees and the management continued to remain cordial during the year under review.

36. MAINTENANCE OF COST RECORDS:

According to information and explanation given to us, the Central Government has not prescribed maintenance of cost records under section 148(1) of the Act in respect of activities carried out by the Company.

37. DEMATERIALISATION OF EQUITY SHARES:

As per direction of the SEBI, the shares of the Company are under compulsory demat form. The Company has established connectivity with both the Depositories i.e., National Securities Depository Limited and Central Depository Services (India) Limited and the Demat activation number allotted to the Company is ISIN: INE187R01029. Presently shares are held in electronic and physical mode.

38. INSOLVENCY AND BANKRUPTCY CODE:

There is no application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016) during the year.

39. POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION:

The Remuneration policy is directed towards rewarding performance based on review of achievements on a periodical basis. The remuneration policy is in consonance with the existing industry practice and is designed to create a high-performance culture. It enables the Company to attract, retain and motivate employees to achieve results. The Company has made adequate disclosures to the members on the remuneration paid to Directors from time to time. The Companys Policy on directors appointment and remuneration including criteria for determining qualifications, positive attributes, independence of a director and other matters provided under Section 178 (3) of the Act is available on the website of the Company at www.consecutivecommodities.com

40. VALUATION AMOUNT ON ONE TIME SETTLEMENT AND VALUATION WHILE AVAILING LOAN FROM BANKS AND FINANCIAL INSTITUTIONS:

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 is not applicable to the Company.

41. STATE OF COMPANYS AFFAIRS:

Management Discussion and Analysis Report for the year under review, as stipulated in Regulation 34(2) (e) of SEBI Listing Regulations is given as a separate part of the Annual Report. It contains a detailed write up and explanation about the performance of the Company.

42. ACKNOWLEDGEMENTS:

Your directors would like to express their sincere appreciation for the co-operation and assistance received from the Bankers, Regulatory Bodies, Stakeholders including Financial Institutions, Suppliers, Customers and other business associates who have extended their valuable sustained support and encouragement during the year under review.

Your directors take this opportunity to recognize and place on record their gratitude and appreciation for the commitment displayed by all executives, officers and staff at all levels of the Company. We look forward for the continued support of every stakeholder in the future.

Registered Office: 16/1A, 6th Floor, FL-6G, Balaji Tower, Abdul Hamid Street, Kolkata - 700 069

By the Order of the Board of Consecutive Commodities Limited (Formerly known as Consecutive Investments & Trading Company Limited)

Corporate Office: B1-305 Westgate Business Bay, SG Highway, Ahmedabad - 380 051

Place: Ahmedabad

Date: 29th August, 2026

Sd/-

Vimal Koli

Director & CFO

DIN: 10364390

Sd/-

Jitendra Kumar Leuva

Managing Director

DIN: 10865406