Ecos India Mobility & Hospitality Ltd Directors Report

To

The Members,

Ecos (India) Mobility & Hospitality Limited 45, First Floor, Corner Market, Malviya Nagar, Delhi-110017

Dear Shareowners,

Your directors have great pleasure in presenting the 29^th Annual Report together with audited statement of accounts for the year ended 31st March, 2025.

BUSINESS OVERVIEW AND FINANCIAL HIGHLIGHTS

a) FINANCIAL PERFORMANCE

The Audited Financial Statements of your Company as on 31st March, 2025 are prepared in accordance with the relevant applicable IND AS and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and the provisions of the Companies Act, 2013 ("Act"). The estimates and judgments relating to the Financial Statements are made on a prudent basis, so as to reflect in a true and fair manner, the form and substance of transactions and reasonably present the Company?s state of affairs, profits and cash flows for the year ended March 31, 2025. The summarized financial highlights are depicted below:

(* Amount in millions)

Particulars	Financial Year ended	Financial Year ended
	31st March 2025	31st March 2024	31st March 2025	31st March 2024
	Standalone	Consolidated
Total Revenue	6264.30	5348.16	6539.64	5544.11
Total Expenses	5598.71	4678.31	5844.37	4858.87
Profit /(Loss) Before Tax	764.00	803.91	794.61	823.17
Less: Tax Expenses
Current Tax	180.34	190.73	187.31	193.40
Tax related to earlier years	4.63	0.01	4.70	0.01
Deferred Tax	1.02	2.38	1.63	4.45
Profit/(Loss) After Taxation	578.01	610.79	600.97	625.31
Earnings per share (EPS)	9.63	10.18	10.02	10.42

b) FINANCIAL HIGHLIGHTS AND OPERATION

The Key highlights pertaining to the business of the Company for the Financial Year 2024-25 and period subsequent there to have been given hereunder: During the Financial Year 2024-25, the Revenue is increased by 17.13% as compared to the previous Financial Year 2023-24. The Company has earned standalone Net Profit of Rs. 5780.15 (In Lakhs). Further, during the year, there is a decrease of 5.37% in the Net Profit as compared to the previous Financial Year 2023-24.

The management of your Company continues its constant endeavor to enhance the business of the Company and is always seeking expansion of its current business operations as also opportunities in adjacent and new areas to achieve overall growth and improvement.

Initial Public Offer and Listing of Equity Shares

During the year under review, your Company successfully completed its Initial Public Offer (IPO) of equity shares of face value of 2 each. The IPO received an overwhelming response from investors across categories with strong participation from Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). The equity shares of the Company were listed on the Stock Exchange(s) (NSE/BSE) on 04^th September 2024, and are actively traded under the symbol "ECOS". The listing has enhanced the Company?s visibility, widened its shareholder base, and provided liquidity to investors.

PERFORMANCE OF THE COMPANY, STATE OF COMPANY?S AFFAIRS AND MATERIAL DEVELOPMENT

In FY25, the Company achieved significant operational milestones. There was a 25% increase in the total number of trips during the year, alongside the addition of 188 new customers. To strengthen brand presence, the Company sponsored more than 30 events and conferences, ensuring greater visibility. Operational efficiency was further optimized through driver training and technology upgrades. Additionally, 161 new EV vehicles were added to the total managed fleet, reinforcing the Company?s commitment to sustainable mobility solutions.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

As required by Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), a Management Discussion and Analysis Report is part of this Report. The state of the affairs of the business along with the financial and operational developments has been discussed in detail in the Management Discussion and Analysis Report which forms part of the Annual Report.

COMMITTEE OF THE BOARD

The Company?s Board has constituted the following Committees prescribed under the Companies Act and the LODR Regulations, 2015: -

1. Audit Committee

2. Stakeholders Relationship Committee

3. Risk Management Committee

4. Nomination and Remuneration Committee

5. Corporate Social Responsibility Committee

6. Independent Directors Committee

7. IPO Committee

The details of the Composition of the Committees, their role and terms of reference are given in the Corporate Governance report.

The weblink to access the committee policy is https://www.ecosmobility.com/investor-relations/corporate-governance/

DIRECTORS & KEY MANAGERIAL PERSONNEL

a) Board of Directors

As on 31st March, 2025, your Company?s Board has 6 (Six) members comprising of 2 (two) Executive Directors and 1 (One) Non-Executive Director and 3 (Three) Non Executive Independent Directors including 1 (One) Woman Director. The details of the Board and committee composition, tenure of directors and other details are available in the Corporate Governance Report which forms part of this Annual Report.

b) Key Managerial Personnel

The Company has adequate Key Managerial Personnel?s as per requirements of section 203 of the Companies Act, 2013 as well as the SEBI (LODR) Regulations, 2015. a. Mr. Rajesh Loomba, Chairman & Managing Director b. Mr. Aditya Loomba, Joint Managing Director c. Mr. Hem Kumar Upadhyay, Chief Financial Officer d. Ms. Deepali Dev, Chief Operating Officer e. Mr. Sanjay Sharma, Chief Business Officer-ETS f. Ms. Shweta Bhardwaj, Company Secretary & Compliance Officer

c) Declaration of Independency of Independent Directors

Your Company has received declarations from all the Independent Directors confirming that they meet with the criteria of independence as prescribed both under subsection (6) of Section 149 of the Act and Regulation 16(1) (b) of the SEBI Listing Regulations and there has been no change in the circumstances which may affect their status as an Independent Director. Further, in the opinion of the Board, the Independent Directors also possess the attributes of integrity, expertise and experience as required to be disclosed under Rule 8 (5) (iiia) of the Companies (Accounts) Rules, 2014. The Company has also received from them declaration of compliance of Rule 6(1) & (2) that they have registered themselves with databank of Independent Directors as maintained by Indian Institute of Corporate Affairs.

d) Directors liable to retire by rotation and Directors seeking re-appointment:

In accordance with the provisions of Section 152 of the Act, read with rules made thereunder and the Articles of Association of your Company, Mr. Aditya Loomba, Joint Managing Director (DIN: 00082331) is liable to retire by rotation at the ensuing Annual General Meeting (AGM) and being eligible, offer himself for re-appointment. The Board recommends his re-appointment for the shareholder approval. Brief details of Directors proposed to be re-appointed, as required under Regulation 36 of the SEBI Listing Regulations, are provided in the Notice of the ensuing AGM. The Board upon the recommendation of the Nomination and Remuneration Committee proposes his re-appointment. Your Board recommends passing a special resolution as per the Companies Act, 2013 & SEBI (LODR) Regulation, 2015.

e) Relationship/Transaction of Non-Executive Directors with the Company

The Non-Executive Directors of the Company had no pecuniary relationship or transactions with the Company, other than taking sitting fees and reimbursement of expenses incurred by them to attend meetings of the Company.

f) Performance evaluation of the Board, its Committees and Individual Directors

Pursuant to applicable provisions of the Companies Act, 2013 and SEBI (LODR) Regulations 2015, the Board, in consultation with its Nomination & Remuneration Committee, has formulated a framework containing, inter-alia, the criteria for performance evaluation of the entire Board of the Company, its Committees and Individual Directors, including Independent Directors. The Independent Directors had met separately without the presence of Non-Independent Directors and the members of management and discussed, inter-alia, the performance of non- Independent Directors and Board as a whole and the performance of the Chairman of the Company after taking into consideration the views of Executive and Non- Executive Directors. The Nomination and Remuneration Committee has also carried out an evaluation of every Director?s performance. The performance evaluation of all the Independent Directors has been done by the entire Board, excluding the Director being evaluated. Based on the performance evaluation done by the Board, it shall be determined whether to extend or continue their term of appointment, whenever the respective term expires. The Directors expressed their satisfaction with the evaluation process

g) Familiarization Program

The details of program for familiarization of Independent Directors with the Company, their roles, rights, responsibilities in the Company, nature of the industry in which the Company operates, the business model and related matters are posted on the website of the Company at https://www.ecosmobility.com/Familarisation-Programme.pdf

DIRECTORS RESPONSIBILITY STATEMENT

To the best of their knowledge and belief and according to the information and explanations obtained by them, your Directors make the following statements in terms of Section 134(5) of the Companies Act, 2013:

a) that in the preparation of the annual financial statements for the year ended March 31, 2025; the applicable accounting standards have been followed along with proper explanation relating to material departures, if any;

b) that such accounting policies as mentioned in Notes to the Financial Statements have been selected and applied consistently and judgment and estimates have been made

c) that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2025 and of the profit of the Company for the year ended on that date;

d) that 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;

e) that the annual financial statements have been prepared on a going concern basis;

f) that proper internal financial controls were in place and that the financial controls were adequate and were operating effectively.

g) that systems to ensure compliance with the provisions of all applicable laws were in place and were adequate and operating effectively.

INTERNAL FINANCIAL CONTROL

Your Company has an effective internal control and risk mitigation system, which is constantly assessed and strengthened with new/revised standard operating procedures. The Company?s internal control system is commensurate with the size, scale and complexity of its operations. The main thrust of internal audit is to test and review controls, appraisal of risks and business processes, besides bench marking controls with best practices in the industry. The Audit Committee actively reviews the adequacy and effectiveness of the internal control systems and suggests improvements to strengthen them. The Company has a robust Management Information System, which is an integral part of the control mechanism. Internal Audit plays a key role in providing assurance to the Board of Directors. To maintain its objectivity and independence, the Internal Audit function reports to the Chairman of the Audit Committee.

VIGIL MECHANISM/WHISTLE BLOWER POLICY

In compliance with the provisions of Section 177(9) of the Companies Act 2013 read with Rule 7 of the Companies (Meetings of Board and its Powers) Rules, 2014 and SEBI (LODR) Regulations, 2015, your Company has in place a Vigil Mechanism (Whistle blower Policy) which provides an opportunity to the directors and employees to raise concerns about unethical and improper practices or any other wrongful conduct in or in relation to the Company. The details of the Vigil Mechanism (Whistle Blower Policy) are stated in the Corporate Governance Report and the said Policy has been uploaded on the Company?s website at https://www.ecosmobility.com/Whistle-Blower-Policy.pdf

CHANGE IN NATURE OF BUSINESS, IF ANY

There is no change in the nature of the business of the Company during the year.

DIVIDEND

The Directors are pleased to recommend the dividend amounting to INR 2.40 per Equity share for the Financial Year 2024-25, subject to the approval of Shareholders in the Annual General Meeting. There is no unpaid Dividend outstanding as on 31st March, 2025

DIVIDEND DISTRIBUTION POLICY

Pursuant to Regulation 43A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, your Board has approved and adopted a Dividend Distribution Policy of the Company. The policy is available on the Company?s website under https://www.ecosmobility.com/wp-content/uploads/2022/11/Dividend-Distribution-Policy.pdf

DEPOSITS

The Company has neither accepted/invited any deposits from the public during the period, nor there was any outstanding deposit of earlier years covered under Chapter V of the Companies Act, 2013 and hence no amount of principal or interest was outstanding as at the Balance Sheet date 31st March, 2025.

TRANSFER TO RESERVES

The board of directors has decided to transfer Rs. 5780.15 (In Lakhs) to the reserves of the company during the period under review.

CAPITAL STRUCTURE

There is no change in the Authorized, Issued, Subscribed and Paid- up Share Capital of the Company during the year.

a) Authorized Share Capital The Authorized share capital of the Company is Rs. 15,00,00,000/- divided into 75000000/- equity share of Rs. 2/- each.

b) Paid-up Share Capital The paid-up share capital of the Company is Rs. 12,00,00,000/- divided into 60000000/- equity share of Rs. 2/- each. Other mandatory disclosures as per Companies Act, 2013 are provided here under:

a. Issue of Equity Shares with Differential Rights:

During the period under review, the Company has not issued any Equity Shares with Differential Rights.

b. Issue of Employee Stock Options:

During the period under review, the Company has ratified the ECOS Employee Stock Option Plan, 2024 on 17^th February, 2025 by postal ballot as stated in Rule 12(9) of Companies (Share Capital and Debenture Rules, 2014).

c. Issue of Sweat Equity Shares:

During the period under review, the Company has not issued any sweat equity shares as specified in Rule 8(13) of Companies (Share Capital and Debenture Rules, 2014).

INDUSTRY SCENARIO AND STATE OF COMPANY?S AFFAIRS Brief description of the nature of business of the Company

Company is engaged in the business of ground transportation services. Focus of the company is on delivering the quality services to big corporate houses, luxury hotels, tour operators, BPO?s and other individuals across India. Company provides corporate chauffeur services, limousine services, short term rental, long term rental, self-drive, operating lease and fleet management services in order to meet the safe, affordable and hassle-free ground transportation requirement of travelers. The Company continues to conduct its business operations diligently in accordance with prescribed provisions of the Acts applicable on the Company during the Financial Year ended on 31st March, 2025.

MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANY WHICH HAVE OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR OF THE COMPANY TO WHICH THE FINANCIAL STATEMENTS RELATE AND AS ON THE DATE OF THE REPORT

No material changes and commitments affecting the financial position of the Company have occurred between the end of the Financial Year of the Company to which the Financial Statements relate and as on the date of this report.

DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND FUTURE OPERATIONS OF THE COMPANY

No significant and material orders were passed by the regulators or courts or tribunals which affects the going concern status and future operations of the Company.

MEETINGS OF THE BOARD OF DIRECTORS

The Board of Directors of the Company met 15 times during the year on the following dates:- p>

S.No. Date of Board Meeting

1 22-05-2024

2 29-05-2024

3 04-06-2024

4 13-06-2024

5 18-07-2024

6 25-07-2024

7 26-07-2024

8 07-08-2024

9 20-08-2024

10 30-08-2024

11 24-09-2024

12 11-11-2024

13 10-01-2024

14 12-02-2025

15 31-03-2025

In respect of which proper notices were given and the proceedings were properly recorded, signed and maintained in the Minutes book kept by the Company for the purpose. The intervening gap between the Meetings was within the period prescribed under the Companies Act, 2013.

Names of the Directors on the Board, their attendance at Board Meetings during the financial year 2024–25 is as follows:

S.No. Name	Designation	No. of Board Meetings Attended
1. Mr. Rajesh Loomba	Chairman & Managing Director	15
2. Mr. Aditya Loomba	Joint Managing Director	9
3. Ms. Nidhi Seth	Director	8
4. Mr. Rajeev Vij	Independent Director	9
5. Mr. Debashish Das	Independent Director	15
6. Ms. Archana Jain	Independent Director	13

AUDIT COMMITTEE/ NOMINATION AND REMUNERATION COMMITTEE

The Company has formed both the committee as per the provisions of the Section 177/178 of the Companies Act, 2013.

NAMES OF THE COMPANIES WHICH HAVE BECOME OR CEASED TO BE SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES

During the Financial Year 2024-25, No Companies have ceased to be Subsidiaries of the Company. However, as on 31^st March, 2025, the Company continue to have the following subsidiary: - Ecreate Events Pvt Ltd Eco Car Rental Services Pvt Ltd Consulttrans Technology Solutions Private Limited The Company is not having any material Subsidiary.

PERFORMANCE AND FINANCIAL POSITION OF THE SUBSIDIARY COMPANIES

Performance and financial position of the Subsidiary Companies is in line with the planned expectation and is estimated to grow, as appearing in the respective Financial Statements of the Subsidiary Companies. Highlights of performance of subsidiaries and their contribution to the overall performance of the company during the period under report are annexed in form AOC-1 as Annexure-I.

CONSOLIDATED FINANCIAL STATEMENT

In accordance with the Accounting Standard (AS-21), Consolidated Financial Statements are attached and form part of the Annual Report. Financial Statements of the Subsidiary Companies and the related detailed information shall be made available to the Shareholders of the Company and its Subsidiaries seeking such information at any time. The Financial Statements of the Subsidiary Companies shall also be available for inspection by the Shareholders at the Registered Office of the Company and that of the stated Subsidiary Companies.

AUDITORS

M/s SS Kothari Mehta & Company having registration number 000756N was appointed as the Statutory Auditors of the Company in accordance to Section 139 of the Companies Act, 2013 by the shareholders in the Annual General Meeting held on 23^rd December 2023 for a period of (5) Five consecutive financial years from 01st April 2023 to 31st March 2028.

AUDITORS? REPORT

There is no qualification, reservation or adverse remarks or disclaimer made by the Auditors in their report. Observations made in the Auditors? Report read with Notes to the Financial Statements are self-explanatory and therefore, do not call for any further comments under Section 134(3)(f)(i) of the Companies Act, 2013.

DETAILS IN RESPECT OF FRAUDS REPORTED BY AUDITORS

During the period under review, there were no reports of any fraud committed by the management of the Company or its employees.

SECRETARIAL AUDIT REPORT

M/s DMK Associates (Firm Registration No. P2006DE003100) was appointed as secretarial auditor with effect from 18.07.2024 for performing secretarial audit for the financial year 2024-25 and for obtaining Secretarial Audit Report for the respective year. The Secretarial Audit Report is attached as Annexure-II to this report. The said report does not contain any qualification, reservation, adverse Remark or disclaimer. Based on the recommendation of the Audit Committee, the Board of Directors approved and recommended for shareholders? approval, the appointment of M/s DMK Associates, peer reviewed firm of Practicing Company Secretaries, as Secretarial Auditors of the Company, for a first term of 5 consecutive years commencing from Financial Year 2025-26.

CORPORATE SOCIAL RESPONSIBILITY

As the said provisions are applicable to the Company therefore the Company has developed and implemented the Corporate Social Responsibility initiatives. The CSR Policy of the Company and the details about the initiatives taken by the Company on CSR during the year as per the Companies (Corporate Social Responsibility Policy) Rules, 2014 have been disclosed in Annexure-III to this Report. During the current financial year, the Company contributed Rs. 21.14 lakhs to Rotary Foundation (Ind) toward an ongoing initiative managed by the Trust -the procurement and distribution of 765 cervical cancer vaccines to AllMS Delhi. As of March 31, 2025, these fund are yet to be utilised for vaccine distribution, resulting in an unspent CSR liability of Rs. 21.14 lakhs retained by the Trust. The Company has initiated a project titled "AIIMS ECOS HPV Vaccine Project", undertaken through its Implementing Agency, Rotary Club of Delhi West / Rotary District 3011, via its trust Sarvarth Foundation. Under this project, HPV vaccines will be provided to schoolgirls to support preventive healthcare and promote long-term women?s health. The implementation will be carried out in phases, as Schools first need to be identified for conducting the vaccination drive. Vaccines cannot be administered in a single round, as it requires creating awareness and convincing parents to consent to their daughters receiving the vaccination. Accordingly, the project will be executed in multiple parts/stages to ensure effective outreach and participation. So the amount which allocated towards this project is pending to spend. However, this amount has already been transferred to the implementing agency for its implementation

VIGIL MECHANISM

The Company promotes ethical behavior in all its business activities. However, the Company has not accepted any deposits from the public; nor has the Company borrowed money from banks and public financial institutions in excess of fifty crore rupees, therefore it is not required to establish any Vigil Mechanism for the period under review.

RISK MANAGEMENT

The Company has constituted a Risk Management Committee (RMC) of the Board comprising of Directors and Senior Executives of the Company. The RMC has a risk management policy that is intended to ensure that an effective risk management framework is established and implemented within the organization. Company has adequate risk management plans and processes in place that commensurate with the size of its business operations. The Management of your Company has devised proper strategies to apprehend risks, take timely actions to mitigate them and convert them to opportunities for the Company.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE COMPANIES ACT, 2013

During the year under review, the Company has provided a loan to its wholly-owned subsidiary Company in compliance with the provisions of Section 186 of the Companies Act, 2013 to meet its working capital requirements. Details of loan granted, investment made during the year are given under notes to financial statements.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH THE RELATED PARTIES

During the financial year, the Company has entered into various transactions with related parties. All related party transactions are undertaken in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI Listing Regulations. The detailed disclosure on related party transactions as per IND AS-24 containing name of related parties and details of the transactions entered into with them have been provided under Notes to the standalone Financial Statements of the Company. All the related party transactions entered into by the Company during the financial year were on arm?s length basis and in ordinary course of the business and none of the transactions could be considered material as covered under Section 188 (1) of the Companies Act, 2013. Accordingly, the disclosure of related party transactions as required under Section 134(3)(h) of the Act in Form AOC-2 is not applicable to the Company for FY 2024-2025 and hence does not form part of this report. .

INTERNAL CONTROL SYSTEMS

The Company?s internal control systems are adequate and commensurate with the nature and size of the Company and its business and they ensure: Timely and accurate financial reporting in accordance with applicable accounting standards; Optimum utilization, efficient monitoring, timely maintenance and safety of its assets; Compliance with applicable laws, regulations and management policies.

HUMAN RESOURCES AND INDUSTRIAL RELATIONS

The Company is pleased to report that during the year under reporting, as in several past years, industrial and staff relations were extremely cordial.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 134(3) (m) of the Companies Act, 2013 read with Rule, 8 of The Companies (Accounts) Rules, 2014, is annexed herewith as "Annexure- IV".

COMPLIANCES ON SECRETARIAL STANDARDS

During the period under review, the Company has complied with all the applicable Secretarial Standards i.e. Revised SS-1(Board Meetings) & Revised SS-2(Annual General Meeting) as issued by the Institute of Company Secretaries of India in both letter and in spirit.

DISCLOSURE OF REMUNERATION OF EMPLOYEES COVERED UNDER RULE 5(2) OF THE COMPANIES (APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL) RULES, 2014

None of the employees of your Company, who was employed throughout the Financial Year, was in receipt of remuneration in aggregate of Rs. 1,07,07,000/- (Rupees One Crore Seven Lakh and Seven Thousand only) or more or if employee form the part of the Financial Year was in receipt of remuneration of Rs. 8,50,000/- (Rupees Eight Lakh and Fifty Thousand only) or more per month. The disclosure pertaining to remuneration and other details as required under Section 197(12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is annexed as Annexure V to this Report. The disclosures required under Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 form a part of this Report. However, as Per the first proviso of 136(1) of the Act and second proviso of Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Report and Financial Statements are being sent to the Members of the Company excluding the said statement. Any Member interested in obtaining a copy of the said statement may write to the Company Secretary at the Registered Office of the Company.

DIRECTORS? RESPONSIBILITY STATEMENT

Pursuant to the requirements of Section 134(5) of the Companies Act, 2013, it is hereby confirmed that:

a) in the preparation of the annual accounts, the applicable Accounting Standards have 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 the profit of the Company for the period ended 31.03.2025;

c) the Directors have taken proper and sufficient care 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) that the Directors had prepared the annual accounts on a going concern basis; and

e) 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; 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.

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

The Company has zero tolerance for sexual harassment at workplace and has adopted a policy on Prevention, Prohibition and Redressal of Sexual Harassment at workplace in line with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules there under. The policy aims to provide protection to employees at the workplace and prevent and redress complaints of sexual harassment and for matters connected or incidental thereto, with the objective of providing a safe working environment, where employees feel secure. The Company has also constituted an Internal Complaints Committee, known as the Prevention of Sexual Harassment (POSH) Committee, to inquire into complaints of sexual harassment and recommend appropriate action.

Sr. No. No. of Complaints Received	No. of Complaints Disposed Off	Number of cases pending for more than ninety day
1. Nil	N. A.	NA

WEB ADDRESS OF ANNUAL RETURN

The company have a functional website and the web address to access the Annual Return for the FY 24-25 is https://www.ecosmobility.com/investor-relations/financials/

MAINTENANCES OF COST ACCOUNTS AS PER SECTION 148 (1) OF COMPANIES ACT, 2013 READ WITH RULE COMPANIES (COST RECORD AND AUDIT), 2018

The Company does not fall under the criteria as specified under Section 148 (1) of Companies Act, 2013 read with Companies (Cost Record and Audit) Rules, 2018 for maintenance of cost accounts. Thereby, the Company is not required to maintain its cost records in respect of its products/ service.

APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

During the year under review, the said clause is not applicable on the Company.

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

During the year under review, the said clause is not applicable on the Company.

KEY FINANCIAL RATIOS

The Key financial ratios for the financial year ended 31st March, 2025 forms part of the Management Discussion and Analysis Report.

REGISTRAR AND SHARE TRANSFER AGENT

M/s MUFG Intime India Pvt. Ltd. (formerly known as Link Intime India Pvt. Ltd.) is the Registrar and Share Transfer Agent of the Company for the equity shares of the Company. The members are requested to contact the Registrar directly for any of their requirements.

LISTING ON STOCK EXCHANGES

The Company?s shares are listed on BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE").

LISTING FEES

The Annual Listing fee for the year under review has been paid to the BSE Limited and the National Stock Exchange of India Ltd. The Company has complied with the provisions of the Maternity Benefit Act, 1961. There was no transfer of unpaid and unclaimed amount to Investor Education and Protection Fund (IEPF);

DISCLOSURE UNDER EMPLOYEES STOCK OPTION PLANS AND SCHEMES

The Company had adopted the ECOS Employee Stock Option Plan 2024 ("ESOP Scheme") pursuant to approval from the shareholders in their meetings held through postal ballot. The e-voting period for the same was from 15^th January 2025 to 15^th February 2025 with a view to reward employee performance and dedication towards the Company; retain, attract and motivate employees and encourage employees to align performance with the Company?s objectives and goals. Further, the mobility industry is witnessing high growth resulting in a demand-supply gap for talent, necessitating long term incentive programmes such as the Scheme.

AWARDS & RECOGNITION

In its constant quest for growth and excellence, Ecos has been honoured and recognised at various forums. Over the years, our efforts have been rewarded with prestigious awards and accolades, including the National Award conferred by the Government of India in 2013, 2014, 2015, and 2016.

ACKNOWLEDGEMENT

The Management places on record its sincere appreciation for the ongoing valuable contribution made by the Company?s staff and all the other stakeholders during the year under review and wishes to further place on record its sincere thanks to all the Customers, Suppliers, Bankers and Central and State Government Authorities for extending support to your Company. For and on behalf of the Board of Directors Ecos (India) Mobility & Hospitality Limited Sd/-

Rajesh Loomba

(Chairman & Managing Director)

DIN: - 00082353

E-11/4 Vasant Vihar-1, Delhi India 110057

Sd-

Aditya Loomba

(Joint Managing Director)

DIN: -00082331 E-11/4 Vasant Vihar-1, Delhi India 110057

Date:12^th August, 2025

Place: New Delhi